I'm not seeing the prices being up, like others here. I'm seeing vintage stuff selling for less these days. Of course you do get the occasional foreign bidder who bids large, but I've seen sales down about 25%. If you look at recent sales of Eddy Merckx MX Leader frames, they are cheaper than what they were selling for a year ago - although they are still quite valuable. As for the $2000 bike, I feel like most of those are either show quality or fromer pro models. A buyer searching for a "new" quality steel bike will have to spend much more than $2000 to get out riding.