DRF aka Thrifty Bill
Join Date: Jan 2008
Location: The NC Mountains
Bikes: 86 Katakura Silk, 87 Prologue, 87 Cimarron, 14 frame school custom, 73 Paramount
Mentioned: 9 Post(s)
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Quoted: 21 Post(s)
Given the rust, repairs and clean up needed, I would give you quite a bit less than you have into it. With proper and thorough cleanup, you will do much better. But you have a lot of clean up to do on it to get max value. That rust will scare away buyers big time!! Is the frame paint a rattlecan job? It does not look original. I think I can see orange peel on it.
Projects sell cheap, real cheap. Buyers want bikes ready to ride. People buying projects want super cheap deals. I rarely pay close to $70 for a project bike. Is stem or seat post stuck?
There are some nice components on your bike, and then there is a mix of odd components. The FD is way out of place on this bike. That hurts value when the bike is finished.
I don't get what you are saying about the size of this bike. It does not look big to me. Am I missing something??? You are not supposed to be able to touch the ground when you are on the seat. The position of the seat is based on the distance between the seat and the pedals, not the ground. If anything, this bike is small for someone 6-5.
You sure it is not a Gitane?
To maximize value, you would be better off just parting it out. Stronglight crankset and bb will bring good value, as will Crane RD.
FWIW: I paid $14 for a very similar bike, in very similar condition. It was a Peugeot, with a similar Stronglight crankset and bb. I parted it out. But that was a deal (below market). Your bike is worth more than that for sure.
Last edited by wrk101; 09-13-09 at 01:14 PM.