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  1. #1
    Rustbelt Rider mkeller234's Avatar
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    Help ID Vintage Road Bike

    Okay, so I actually know the name, but I don't know much about it. It is a Concord Joplin bike made in Japan, I picked it up for next to nothing. It appears to be somewhat typical 70s bike boom era. I dont get the impression that it was expensive because it has a Shimano Eagle Derailer. Other features are Dia-Compe center pull brakes, lugged frame, chrome tipped forks, shimano hubs. It is filthy, but in nice shape, almost zero scratches. Is this bike worth fixing, what might I be able to sell this for. Any info helps. Thanks!
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  2. #2
    surly old man jgedwa's Avatar
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    Seems like it could be a solid rider. I doubt it is worth much at all. Is it worth fixing? Hard to say. but it will take some elbow grease (not to mention probably tires, cables, housing, brake pads...).

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  3. #3
    Rustbelt Rider mkeller234's Avatar
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    I guess I was a little vauge when I asked if it was worth anything. Might it compare to a chicago Schwinn (obviously not in general popularity). It does seem to rank above most bike boom Huffys. I assume most 70s road bikes will sell for $100.00 more or less depending on condition.

  4. #4
    SNARKY MEMBER CardiacKid's Avatar
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    Quote Originally Posted by mkeller234 View Post
    I guess I was a little vauge when I asked if it was worth anything. Might it compare to a chicago Schwinn (obviously not in general popularity). It does seem to rank above most bike boom Huffys. I assume most 70s road bikes will sell for $100.00 more or less depending on condition.
    Where do you live? You picked up this bike for next to nothing. That should give you some idea of the value. If you clean it up, it will probably be worth next to, next to nothing in most areas.
    I see a lot of ads on Craigslist for entry level 70s bikes and a ton of old department store bikes that the seller is asking $100 for. That doesn't mean that is what they are actually selling for.
    I don't know why anyone would pay $100 for an old Free Spirit or some other old bike with steel wheels and center pull brakes, when they can spend a couple of hours going around to garage sales on saturday and easily find one for under $20.
    Sorry for the rant. maybe I need to increase my dosage. The short answer is no.

  5. #5
    Last one to the top... Little Darwin's Avatar
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    In general, I would say it would be worth about $25 the way it sits, and $50-$75 if it cleans up and rides well.

    The reasons are that it has no tubing decal, so it is probably heavy. And also, as a step through frame, they are not typically sought after.

    Are the rims aluminum alloy? It looks like they might be. This does help the value a little, but the condition of the bike shows it needs quite a bit of work, and not a lot of potential payback.

    It might be fine if you are looking to use it yourself, but for a profitable flipper, it is probably not in the right price range on the sale side to make it worth the effort and expense to replace the expendables.

  6. #6
    Rustbelt Rider mkeller234's Avatar
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    Quote Originally Posted by CardiacKid View Post
    Where do you live? You picked up this bike for next to nothing. That should give you some idea of the value. If you clean it up, it will probably be worth next to, next to nothing in most areas.
    I see a lot of ads on Craigslist for entry level 70s bikes and a ton of old department store bikes that the seller is asking $100 for. That doesn't mean that is what they are actually selling for.
    I don't know why anyone would pay $100 for an old Free Spirit or some other old bike with steel wheels and center pull brakes, when they can spend a couple of hours going around to garage sales on saturday and easily find one for under $20.
    Sorry for the rant. maybe I need to increase my dosage. The short answer is no.
    I am certainly sorry that I dont share your sophisticated bike pallette. I started this thread with an honest question and have gotten helpful answers...mostly. I am a bike novice, I freely admit that. I understand that you get tired of seeing questions like these as often as you probably do, but why do you feel it's necessary to put my question down for it? As an experienced individual I would hope you would want to help others learn something you are obviously passionate about. If that is not the case I believe the saying is "if you don't have somthing nice to say.... you don't have to say anything at all." Why would someone pay $100 for an old Free Spirt?? Because vintage is trendy, and we aren't all as in the know as some. Why would anyone buy a pet rock...seems kind of silly. I'm sorry, but that is my rant.

    -Matt

  7. #7
    DRF aka Thrifty Bill wrk101's Avatar
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    Won't sell for much around here due to cottered steel crank, steel rims (probably), heavy unknown frame tubing. I tend to donate bikes like this rather than put time and money into them.

    My basic checklist for acquiring a bike (for resale): cromoly frame or better; alloy rims; quick release wheels; alloy crankset; no frame damage, decent components. When I occasionally lower my bar, I end up losing every time. I will pick up a bike with frame damage just for the other parts if it is cheap enough (like last week's $5 Kona: mavic aluminum rims, Shimano STX hubs, deore LX derailleurs, etc. Frame is toast.)


    It tends to take about the same amount of time and money to fix a decent bike as a bottom end bike. I can get a return (profit) on a decent bike. I can't on a bottom end bike.

    Around here, no one is paying $100 for a Free Spirit. But every market is different. There are a few hot markets where anything/everything sells.


    OK, I violated my own rule today, picking up a low end Schwinn for $5. But it had a good Suntour RD and shifters, and a decent alloy crank. So I will either rebuild it or use it as a donor for one of my Peugeots. So I guess there is a time to buy a bike without a cromoly frame, one with steel rims, and so on. And that time is when you get it cheap enough and can part it out. Fixed up, I doubt I could get $75 for the Schwinn, and it needs tires, tubes and cables. So my labor would be free.
    Last edited by wrk101; 10-11-08 at 01:33 PM. Reason: update

  8. #8
    SNARKY MEMBER CardiacKid's Avatar
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    Quote Originally Posted by mkeller234 View Post
    I am certainly sorry that I dont share your sophisticated bike pallette. I started this thread with an honest question and have gotten helpful answers...mostly. I am a bike novice, I freely admit that. I understand that you get tired of seeing questions like these as often as you probably do, but why do you feel it's necessary to put my question down for it? As an experienced individual I would hope you would want to help others learn something you are obviously passionate about. If that is not the case I believe the saying is "if you don't have somthing nice to say.... you don't have to say anything at all." Why would someone pay $100 for an old Free Spirt?? Because vintage is trendy, and we aren't all as in the know as some. Why would anyone buy a pet rock...seems kind of silly. I'm sorry, but that is my rant.

    -Matt
    I am sorry I offended you. I would feel really bad if you were the one that had bought the bike for $100 as opposed to the one that is trying to make a quick buck by trying to flip that bike on some unsuspecting hipster.

  9. #9
    Senior Member sonatageek's Avatar
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    If I already had the bike, I would clean it up and give it a quick lube. If it needs tires, put on a set of inexpensive Kenda's on it and maybe brake pads and it might be ready for a college campus bike. You are in the Akron area, so you have Akron and Kent as possible venues.

    You won't make much on it, but it is good practice in fixing up a derailleur style bike. Just don't spend the kind of time you did fixing up the 3 speed you have for sale on CL right now. I have found that each bike that I have worked on has increased my skill and confidence -- making the process that much better when I have a better quality bike.

  10. #10
    Senior Member Jtgyk's Avatar
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    Quote Originally Posted by sonatageek View Post
    If I already had the bike, I would clean it up and give it a quick lube. If it needs tires, put on a set of inexpensive Kenda's on it and maybe brake pads and it might be ready for a college campus bike. You are in the Akron area, so you have Akron and Kent as possible venues.

    You won't make much on it, but it is good practice in fixing up a derailleur style bike. Just don't spend the kind of time you did fixing up the 3 speed you have for sale on CL right now. I have found that each bike that I have worked on has increased my skill and confidence -- making the process that much better when I have a better quality bike.
    +1
    The good thing about this kind of bike when you are learning...If you screw it up you haven't lost much but time and gained valuable experience (like where did that bearing, nut, washer, etc roll when it dropped).

    Here in Dallas, its getting harder and harder to find "bargains" to fix.
    There also seems to be more and more flames on CL with regards to people buying, fixing, and flipping bikes. (possible previous owners who realize they could have charged more?)
    Last edited by Jtgyk; 10-09-08 at 06:07 PM.
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  11. #11
    Bike Junkie roccobike's Avatar
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    I've seen a few Concords around in my travels. The ones I've seen look like entry level LBS bikes. Nice enough, not rare, not junk. I think you've received some good advice regarding value. BTW, those step through frames have suddenly become more valuable around here with the campus crowd. By that I mean, they used to sell on CL for $30 or $40 now they bring almost the same as the standard frame bikes. A cottered crank, gas pipe bike in good condition would bring about $60- $80 around here. Have fun working on it.
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  12. #12
    Rustbelt Rider mkeller234's Avatar
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    Hey CardiacKid WTF!! Lets add this up:

    $15.00 for the bike
    + 25.00 for tires
    + 30.00 for brake pads, cables, bar tape, grease, chrome polish, degreaser, cotters etc.
    _________
    $70.00

    Not to mention the month or two of time that I put into scrubbing and polishing the bike. I stand to make maybe $20.00 if I try to sell this bike...if that. I doubt that "poor hipster" could have done any better if he had bought the bike on his own... they are paying for the fact that this bike is ride ready. I would love to sell these poor unfortunate souls Paramounts for 100.00, truth is $100.00 will only get them a cheap X-Mart bike, is that any better? Would you take the cheap but solidly built old bike or the X-mart bike for $100.00????? Please let me know your source for low cost high end chromoly bikes. Some people are interested in 3 things, does it look nice, is it safe, and does it work. This bike hardly seems like a quick buck.... A quick buck would be buying it at 15.00 and selling it on CL for 40.00 without touching it. I do like this bike, I dont care that you don't value it, I should just put the better components on my wifes bike, but I dont want to. Don't accuse me of ripping someone off, It seems most people agree that I am getting the short end of the stick by even attempting this. Jerk
    Last edited by mkeller234; 10-09-08 at 08:41 PM.

  13. #13
    SNARKY MEMBER CardiacKid's Avatar
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    I think that is what we are all trying to tell you, it is really not worth it. I never accused you of ripping someone off.
    I don't appreciate being called names, but I especially don't appreciate it from someone who has posted to three threads. One of the threads showing off your refurbished 3 speed,(which looks like a really nice bike, bu the way) followed shortly thereafter by a post to "Ebay and/or craigslist finds" with a link to a CL ad for the exact same bike.
    Don't get on your high horse with me when you seem to think the purpose of this forum is to advertise your garage sale flips. This is the exact reason why so many members have been complaining about all the threads asking for values.

  14. #14
    Rustbelt Rider mkeller234's Avatar
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    Quote Originally Posted by CardiacKid View Post
    I am sorry I offended you. I would feel really bad if you were the one that had bought the bike for $100 as opposed to the one that is trying to make a quick buck by trying to flip that bike on some unsuspecting hipster.

    I'm sorry if I am missing it, but I don't know how else I am supposed to take this comment. I am also sorry I called you a jerk. I realize that I only have three posts here, and yes, i really want to unload that bike, but I'm not just here to pedal junk. I really have enjoyed working on these bikes and I enjoy learning about them, I read more than I post. It also goes to show that this isn't about money for me, if nothing else, I can fix this for my sister who lives in Columbus. I have to ask what it is worth though, I obviously had no idea what the value was, what if it was worth more? Thats why I ask, because I don't know. I have a Schwinn that I use around town, and it is considered worthless, but it is a great cheap bike and worth keeping out of the landfill. So again. I'm sorry I called you a jerk, but I wouldn't say either of us have been totally civil.

  15. #15
    EATS
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    I fix a lot of these in my spare time either as an adjunct to my LBS (who didn't have the time to handle all of the older bikes that got pulled out of basements this past spring) or to get other folks onto properly fitted bicycles who otherwise wouldn't have one.

    Fix it up, clean it up, and if you can get a donation from the lucky recipent towards the next resurrection then great. If not then give it away to a needy student or other person and enjoy the feeling of moving civilization ahead a millimeter or so. Just my $.02

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