Can One Predict Vintage Bicycle Value..?
Today, this email showed up in the in-box of my website. I get a lot of emails, answering all of the legitimate ones and this one struck me as particularly interesting...
I have enjoyed reading articles from the web site. As I scanned thru the
index I could not find any articles on specific values. I realize that since
these are bicycles this would be a basically impossible task. Time line is
important as well. Is there any resource that would shed light on current
day values for specific bike manufactures, model, model year, and size?
The condition would have play in as well. There needs to be some type of
parameter that would justify paying $150 vs... $1,500 vs... $15,000 or
more for a specific bike. I already have a garage full of what the bike is
worth to me. My thinking is that something that is truly considered a
collectable a range of monetary value has to be assigned. Another thought is that
bicycles are not there yet or they may never be. As a final thought the
value of any material item is worth what somebody is willing to pay for
it, I just wish there was a way to predict that some how.
In my world, I believe that one can, sort of, ball park value, but only sort of. In fact, I try to help people understand that a given bicycle today, might be worth double tomorrow, depending an a list of uncontrollable factors. Get lucky, get lots. Luck out, loose lots.
At the end of the day, the best value advice I can offer is for people to learn. Spend the time required to watch Craigslist and get a feel for value in a given location. Develop an understanding of the differences between a good quality bicycle and a lesser quality steed. Get a feel for vintage (60s, 70s, 80s...). And then go shopping, armed with knowledge, not just a mouse and pocket full of money.
What do you think? Can values be predicted?
__________________
"98% of the bikes I buy are projects".