Joined: Aug 2013
Posts: 833
Likes: 10
From: San Francisco
Bikes: '68 Raleigh Suberbe, '92 (German) Centurion Equipe, '85 Schwinn Peloton, 1983ish Zunow Road Racer project, '69 Squanch Super Tourer, 1980 Bianchi Super Corsa, '82 Austro-Daimler Vent Noir, '89 Miyata 914 project, 1982ish Bianchi Rallye
SF seems a bit down from a few years ago when any lugged steel bike with forged dropouts got $300+. It took me a while to sell a couple minty Miyatas ($200 each), a nicely patina'd Mercier ($100), and a clean and original Cannondale Black Lightning ($380).
Nice higher-end bikes than these seem to sit for a long time.
I think this might be saturation around here - - folks like us are looking for screaming deals and will only pay top dollar for out individual grail bukes.
So this is very Craigslist-specific. I don't think eBay prices are lower.
I agree that the trajectory remains upward.