Most old bikes are worth resto or modding imho. Its rare that one can turn a profit unless they are being commissioned by someone else to do it. Old bikes are like raw materials in which you can restore to original condition or turn into something cool with updated components if that's your thing. The primary factor is: How much do you like that bike? Will you keep it or flip it? Do you like it enough to go all the way with it, or just enough to ride it? Most of all...

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