It is potentially a collector's item, and the seller is going to be moved towards feeling out exactly where he/she touches the top of the market for such a thing. It is very likely that the buyer will never ride it. It will be mounted in a collection of similar pieces, or displayed in a prominent place. Bicycles that are treated as art objects are often displayed without tires.

Personally speaking, when I see such things I am reminded of the ever widening gap between the working middle classes and the super-rich of so-called 'first world' countries.