Hi this is my first post on the bike forum. I really do not know anything about bikes. However, I am doing this thing where I started with one penny and traded with people (like the red paper clip story, google it) right now I have $10.50 and someone has offered me a 1990's giant iguana bike for $5 if I give him 50% of the profits. I would like to know how much I would be able to sell this bike for if I clean it up and do some simple repairs.

Thanks for any help.