I ran across the same thing outside of Montpelier, VA last weekend. About two weeks ago a guy stops by my place (the sign, again) and he's cleaning out his dad's "collection" (so he claims). Made it sound like dad actually knew something about bikes and was a serious enthusiast a few decades ago. I didn't get my hopes up too much (been around the block too many times for that), but made arrangements to get out to his place the following weekend, and even called Poguemahone about it, just in case it was worthwhile.

Last Sunday we finally connect, he gives me the instructions where to go, and my heart immediately sank. It's an auto scrapyard on VA54, about a half mile west of the US33/VA54 interchange (the Montpelier suburbs), that I always remembered as a gathering place where old Vega's went to die. I'd been watching them clean the place out, even saw a completely rusted out '51 Kaiser Special come out of the woods. Having discarded 99% of my hopes immediately, arrived and ran into exactly what I'd expected. Four sheds full of rusted out Murray's, Huffy's, Columbia's, and a few Schwinn's that were in such bad shape they weren't even worth picking up for parting out. I ended up giving him $5.00 for one restorable '73 Phillips lady's 3-speed that looked interesting. Shabby, but all the tinware was there, everything looked oxalic acid-able, and the decals were intact.

So, another Eldorado turns into "the usual". Glad to see your findings were a bit more interesting.