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Classic and Vintage Bicycles: Whats it Worth? Appraisals and Inquiries Use this subforum for all requests as to "How much is this vintage bike worth?"Do NOT try to sell it in here, use the Marketplaces.

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Old 11-27-08, 04:47 PM   #1
legnanopiano
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Legnano Gran Premio, very nice condition, but no info...?

I found this legnano gran premio on a flea market, and had to buy it, as it seemed to be in perfect condition and with great paint. It even (?) has the original Pirelli Gran Premio tires (plus 1 extra) and the original pump.
Pedals are from stronglight and christophe special, the rear-gear-shifter is the campagnolo record, it has a legnano sticker on front, and not a metal badge, and the handle is from t.t.t. gran prix, the saddle is a very fine leather and from Ideale 2002 made in France, and many many pieces are from campagnolo....
There is no rust at all, hardly any scratches, stickers and handpainted lines are all intact and complete, no dents etc.

I am utterly sorry for not being able to name the bits and pieces correctly! It would be great if you could tell me when this bicycle could have been produced and how much it is worth now? Ive heard that some legnanos go for several thousands, while others go for next to nothing... I just dont know whether its safe to drive around with this bicycle, or if its too much of a risk, and I should just preserve in a good and dry place and use it for the special weekend tour...

thank you very very much everyone!
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Old 11-27-08, 05:09 PM   #2
retyred
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More pictures, especially of the drive side and some close ups of decals, components would be helpful. Check for a serial no. engraved near the top of the seat tube. If you are bike savvy remove a cone locknut from each hub axle and check for an engraved date code. Does the rear derailleur say Record or Nuovo Record? Based upon your initial info I believe you have an early 70's Gran Premio in very good condition. Gran Premio was second in line in quality, below the Roma model. More pics are needed.
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Old 11-27-08, 06:06 PM   #3
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I see what appear to be Record shifters, so that's a good sign. But beyond that I can't tell much from the photos. The component list you supply suggests one of their better models.
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Old 11-27-08, 06:29 PM   #4
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Your Legnano is in incredible shape , the little aluminum caps at the end of the bars are worth about $50 So remove them if you are going to ride it and leave it outside.
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Old 11-28-08, 05:29 AM   #5
legnanopiano
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more photos!

thank you very much for this initial information! i have now taken more pictures of the components, but if you require any other photos, please do let me know..!
given that the caps are worth 50$ already, I think Id rather leave the legnano at home, in safety....

thanks, once again, in advance for further info!
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Old 11-28-08, 05:36 AM   #6
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...and even more photos!
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Old 11-28-08, 05:40 AM   #7
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...and even more...
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Old 11-28-08, 08:53 AM   #8
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The Campagnolo Record rear derailleur suggests a mid 60's, which is fitting for many of the other parts as well. I will venture to say that you have one of the nicer models of the era. Congrats on the find!
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Old 11-28-08, 09:16 AM   #9
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Oh wow what great news! Thank you very much...
Can you make out whether there are any not-original parts, and could you approximately tell me anything about the value of this legnano?
Cheers!
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Old 11-28-08, 11:34 AM   #10
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I'd say $250-300 if you try to sell it locally - if your market is not conducive to vintage bikes. If it is, try $300-350. eBay, $350 and quite conceivably, up.

It is an excellent example, hence the high price. I dare say it would fetch more then $350 on eBay, but I rather err on the conservative side.

-Kurt
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Old 11-28-08, 12:20 PM   #11
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Where are you located ?
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Old 11-28-08, 12:27 PM   #12
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Originally Posted by cudak888 View Post
I'd say $250-300 if you try to sell it locally - if your market is not conducive to vintage bikes. If it is, try $300-350. eBay, $350 and quite conceivably, up.

It is an excellent example, hence the high price. I dare say it would fetch more then $350 on eBay, but I rather err on the conservative side.

-Kurt
While the saddle is not original, and I suspect the cranks are not as well, it has a number of things going for it, original cable housing, stem, pump, bar end plugs, TA bottle cage...
If it has Legnano stamped Campagnolo hubs... if well described in images it could well surpass $350.

Unfortunately, this is a bike where the parts are worth more than the whole.
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Old 11-28-08, 02:26 PM   #13
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hm.. the bicycle is located in Switzerland but could easily be transported to Germany over christmas.
Nevertheless I did expect the value to go very well over 350$..... hm hm
but thank you very much everyone for the infos, and feel free to post anymore...
Im just not quite sure whether the value will increase very much if I stow it away for a few years, although I believe this beautiful machinery should be used...

Oh and would you now say it dates 1960s or rather 1970s?
Thankyou!!
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Old 11-28-08, 02:34 PM   #14
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Germany? Set your prices 15% lower then I quoted then. Older machines in excellent condition are very common on your side of the pond, and locally, bring substantially less then here in the States. You have a much better chance on eBay, but you will find that your location will dampen the price considerably - international buyers (your main market) will not be keen to spend extra when shipping will run about $150 U.S.

Vintage roadbikes are generally not ideal to play the collectible profits market with. Prices stay reasonably steady in their own markets, and I dare say that we're reaching a bubble that will soon burst, if it hasn't already - prices have been quite higher then previous years, but I've seen signs that it is starting to cool down.

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Old 11-28-08, 02:57 PM   #15
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Germany? Set your prices 15% lower then I quoted then. Older machines in excellent condition are very common on your side of the pond, and locally, bring substantially less then here in the States. You have a much better chance on eBay, but you will find that your location will dampen the price considerably - international buyers (your main market) will not be keen to spend extra when shipping will run about $150 U.S.

Vintage roadbikes are generally not ideal to play the collectible profits market with. Prices stay reasonably steady in their own markets, and I dare say that we're reaching a bubble that will soon burst, if it hasn't already - prices have been quite higher then previous years, but I've seen signs that it is starting to cool down.

-Kurt
*Raises hands in excitement* YES! Maybe this is a sign that my celeste green Campy equipped Bianchi will soon be within my grasp.
-Gene-
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Old 11-28-08, 02:59 PM   #16
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I didn't say that someone shot CO2 at the market either

-Kurt
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Old 11-28-08, 10:04 PM   #17
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*Raises hands in excitement* YES! Maybe this is a sign that my celeste green Campy equipped Bianchi will soon be within my grasp.
-Gene-
Gene, I picked up my Celest green Bianchi about 4 years ago for $300.00 at a garage sale.
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Old 11-29-08, 02:09 PM   #18
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I didn't say that someone shot CO2 at the market either

-Kurt
Made me LOL pretty hard.

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Gene, I picked up my Celest green Bianchi about 4 years ago for $300.00 at a garage sale.
Yeah... I know... You don't have to remind me... AGAIN!
lol
-Gene-
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Old 12-04-08, 12:20 PM   #19
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Nice bike! It has the new Legnano decal, not the earlier screen painted version, so it can't be earlier than 1970 unless I'm mistaken. In that condition with the pump and cable housing etc. I can't see it going for less than $500 on ebay. If you want to sell it just wait until late Spring and put it up then.

Or better yet just ride it and enjoy it!
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Old 12-08-08, 05:16 PM   #20
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I have an almost identical 1973 Gran Premio I have owned since new. I never understood Legnano serial numbers but mine is 30. This may help date yours. I bought it at the dealer as a frameset but included both original derailleurs and shifters. They are the Record derailleurs like yours and were on all the Gran Premios the dealer got at the time, which was probably 2 or 3. The dealer stripped some new bikes and parted them out. That was definitely more profitable. I opted for a used Campy wheelset but the original hubs were Legnano, and I understood they were manufactured by Legnano. It has tens of thousands of miles and still looks good but it has some serious problems now owing mostly to the sometimes defective rider and is now my trainer. Mostly I use my Raleigh folder and Colnago now but I would never depart with the Legnano.
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