Originally Posted by
miamijim
Based on what my 2 Parmounts sold for with 'But Now' prices I'd say this is a $5k bike.
I agree. I've seen Paramounts in lessor condition, I haven't seen any in nos condition so the only ones I did see were all in lessor condition, sell for over $3,000 and a few went for $5,000 and more. I don't know with today's economy if a Paramount could sell for $5,000 or more though, those prices I saw were about 6 or 7 years ago, I haven't really kept track of Paramount prices since then.
But the same time prices started to drop on classic cars, vintage bikes also started to sell for less, but I'm seeing a reversing of that with Vintage bikes, especially low to mid level bikes. Most of those prices I see going up on low to mid are yahoos trying to scam people into thinking that a Raleigh Record is a TDF racing bike! I saw one of these Records in Detroit Craigslist that was in fair condition, the seller actually said that the bike was used and raced by a pro rider in the TDF back in the 70's and was a rare TDF racing bike; then went on to say the bike was appraised for $2,500 but he needed it gone and would sacrifice it for $1,500!!!