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Old 11-24-10 | 10:13 AM
  #11  
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Doohickie
You gonna eat that?
 
Joined: Sep 2008
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From: Fort Worth, Texas Church of Hopeful Uncertainty

Bikes: 1966 Raleigh DL-1 Tourist, 1973 Schwinn Varsity, 1983 Raleigh Marathon, 1994 Nishiki Sport XRS

I don't think we're gonna see classic bikes spike up as high as classic guitars or AC Cobras. The thing is this: Those are truly iconic in very short supply. You can argue that there are certain bicycles that are in short supply (such as the RRA), but it is not iconic- no one outside the community has ever heard of them. By iconic, I mean singular. Something that makes it more desirable than comparable bikes. Part of that would be a place in pop culture.

AC Cobras and Les Paul are names known to me and I'm not particularly into classic cars or guitars. But I know those names. I can't think of a single bicycle model that has that same fame that is not in generous supply. Schwinn Paramount? Never really heard of it until I started poking around here a few years ago. Schwinn Varsity? Yeah, it's got that name recognition, but they are in far too plentiful supply to command collector's prices.

There will be the odd bike that goes for $5k or $10k, but that will be a roulette wheel chance of figuring out which singular example will get there. If anyone else has a RRA, I challenge you to put it up on ebay right now; I bet it won't go for half what the most recent one sold for.

On the other hand, that is the beauty of these bikes. You can get an a very good quality bike for not a lot of money. A lot of us here on C&V are tight with a buck. If suddenly prices went up, we would be priced out of our own market (kind of like when real estate becomes too expensive for the original residents of neighborhoods when they get gentrified). Then C&V would would populated by the butlers of rich jerks with French pencil mustaches. I don't think we want that, do we?
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Originally Posted by bragi "However, it's never a good idea to overgeneralize."
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