The low end stuff will have to go immediately, I don't care to get jammed up storing frames and bikes that I can't sell or use. Right now two of my enclosed trailers are full and I just got done unloading my truck. Complete bikes take up a lot of storage space, if I build up a bunch of bikes, and they don't sell then I'm stuck storing them. Besides, I don't think they would bring enough to cover my time and labor. Spending hours putting together a bike that will only bring $100 tops just doesn't make sense. The wheelsets will sell, I've never had any trouble selling matched sets, they move faster than whole bikes around here. Frames don't sell, even high end bike frames don't move here.

Today I loaded up more boxes of bare rims, most are in lots of 20 and 24, all from the 70's and 80's.
There's also some smaller rims made in Italy, not sure what brand they could be for, and a few boxes of cheap replacement steel rims. It doesn't look like the guy was ever a dealer, just a used bike shop, with a hoarder mentality to some extent. I suppose at some point the low end bikes sold well. The odd thing is I grew up in this area and never remember him being there, there was never a sign, never any reason to believe he was building, fixing, or selling bikes there.
My major concern is that there's not enough money in these to make it worth the effort, the sum of the new parts is minor since most of it is all low end common parts, boxes of 1/2 rubber block pedals, wald axles, wald fenders, nuts, bolts, and brackets etc. Even on eBay you can only sell so much of that kind of stuff so fast. Larger items that don't have big value don't sell because the shipping cost adds too much to the cost of the item to make it worth the trouble. For instance, if I list a set of steel wheels online, and they're say worth only $30 locally, and its going to take $30 to ship, they're just not going to sell. In the end the seller ends up eating the cost of the shipping no matter what. With this in mind they really need to sell locally to be worth dealing with and I don't see that happening. I'm mainly hoping that I'll find enough items in the lot I want to keep or use to make the whole mess worthwhile. As I stand now, I've got about 16 hours in moving this stuff, and I've not even unloaded the second load yet. It can't stay in the trailer, and I don't want to jam up the garage with a pile of bikes either. Its going to get sorted and stripped as it comes out of the trailer, if its not perfect, its gone. I just hate to scrap a lot of good cheap bike frames but in the end they're not worth anything any other way, they may not even be worth the fuel to haul them to the junk yard with the way scrap prices have been lately. The whole trailer full of bikes isn't worth the time and fuel to haul to the junk yard, nor is it worth risking a flat tire in those places.
I'd likely just pile the junk up for a scrap guy to come take. The last time I had a pile of frames like this I ended up having to compact them into a dumpster just to get rid of them. Even the scrap guys didn't want light iron.
For right now I'm trying not to think too far ahead though. I've got the basement and one garage bay empty, plus all the benches cleared off.
What's left is the bulk lot of cheap bikes and what ever is upstairs in tubs.
I'm finding tubs full of used bearings, boxes of misc old headsets, bottom brackets, and nuts and bolts. He saved everything. There are boxes of crusty used cheap derailleurs all over the place, and I found fourteen boxes full of used hubs, all just cut out of their rims with the spoke still hanging on. I've got at least 400 lbs of Shimano 333 three speed hubs, in unknown condition, about half of that in SA hubs, and another 35 or so milk crates full of cheap steel hubs. Many are low spoke count hubs. I filled the bed of a pickup truck today with rusty, bent old fenders that he had stored upstairs. I suppose there may well be a gem in all this mess but I'm not too optimistic from what I've seen so far. Its likely just going to turn out to be a pile of nice wheels and some new parts and a couple tons of scrap. I bagged and threw away over 1500 rotten bike tires already that he had saved all over the place. Some where rotted so bad they were falling apart just handling them. My guess is that he saved every tire he ever changed.