I’m not very familiar with bikes. I’m just a casual user. My wife paid ~$1200 for it before I met her in the late 90’s. To me, that would be high-end. It is an aluminum frame with the top and down tubes, and fork made of carbon fiber. Again, I don’t know much about the bike market, but I think that back then carbon fiber anything was high-end. It’s the nicest riding bike I’ve ridden, but again, that’s not saying much.

I don’t know much other than what the Google machine tells me: 1998 Trek 2120 - New and Used Bike Value