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1977 Raleigh Grand Prix - worth $150?

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Old 08-15-10, 11:38 AM
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1977 Raleigh Grand Prix - worth $150?

May be looking at a Grand Prix in near mint condition today. Seller states frame is Rheynolds 531 tubing made in Nottingham. Bike has Raleigh brand components, except for brakes. Considering this as a rando conversion. Will offer less than asking, just unsure whether Raleigh bits would add any value or in fact reduce the value.
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Old 08-15-10, 12:26 PM
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Originally Posted by horatio
May be looking at a Grand Prix in near mint condition today. Seller states frame is Rheynolds 531 tubing made in Nottingham. Bike has Raleigh brand components, except for brakes. Considering this as a rando conversion. Will offer less than asking, just unsure whether Raleigh bits would add any value or in fact reduce the value.
The stated year is probably wrong, or it was for a different market. In the USA, the Grand Prix did not come with Reynolds tubing, much later the name was moved upmarket, but that must have been in the 80's at the earliest.
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Old 08-15-10, 02:32 PM
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Originally Posted by horatio
May be looking at a Grand Prix in near mint condition today. Seller states frame is Rheynolds 531 tubing made in Nottingham. Bike has Raleigh brand components, except for brakes. Considering this as a rando conversion. Will offer less than asking, just unsure whether Raleigh bits would add any value or in fact reduce the value.
The seller may be right about the '531 and wrong about the model name. It would be best to get there and check it out SOON - it could be a sleeper and a steal even at $150.
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Old 08-15-10, 03:02 PM
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Grand Prix is the bottom of the line, no Reynolds 531. Go look at it, if it has Reynolds 531, it is a better bike and very probably worth it.
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Old 08-15-10, 03:08 PM
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Thanks for the pointers. I thought the Raleigh group was a bad sign, though.
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Old 08-16-10, 07:45 AM
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Originally Posted by horatio
Thanks for the pointers. I thought the Raleigh group was a bad sign, though.
Not necessarily - People replaced Simplex Prestige with all sorts of stuff - (I put a Raleigh branded DR on my Record).
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Old 08-16-10, 08:18 AM
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Originally Posted by horatio
Thanks for the pointers. I thought the Raleigh group was a bad sign, though.
Raleigh, like other manufacturers, relabeled components made by others. I have had a couple of Raleighs with decent Suntour components. I am not a big fan of Raleigh myself (particularly the low end stuff), but lots of love for Raleighs on this forum for sure.
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