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Old 01-17-11, 02:00 PM
Thrifty Bill
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Join Date: Jan 2008
Location: Mountains of Western NC
Posts: 22,599

Bikes: 86 Katakura Silk, 87 Prologue X2, 88 Cimarron LE, 1975 Sekai 4000 Professional, 73 Paramount, plus more

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"Paint is in poor condition": that can mean anything. Hard to value without seeing in person. The number one thing I look for in a vintage bike is the condition of the frame: paint, decals, scrapes, dents or dings. Addressing serious frame issues can be cost prohibitive. Addressing other issues is less costly (if you are creative in sourcing parts).

I paid $75 a similar vintage touring bike with paint in really poor condition, and I overpaid (I ended up stripping the parts off it). In really nice condition, it would be gone immediately in a hot market, and in a few days in a regular market.
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