Originally Posted by
nesteel
That's still pretty decent pricing territory. What were you expecting? They are plenty collectible, and sought after, but they're not valued the same as a Cinelli or De Rosa. If you were anticipating $1500+, thats simply not realistic.
I didn't come with a lot of expectations on value, I'm trying to figure out 2 things here. First, what does the price curve look like on these? Looking at ebay sold listings, it would appear that there's something of a linear relationship between condition/originality and price, but there aren't any really good examples I found. My intuition is that bike prices should behave somewhat like classic car prices, where something that ticks all the boxes for a collector in terms of originality, condition, and desirable options might fetch multiples of what a mid range example would go for. So, is that the case on a 720? Sounds like probably not. The second question is, if the price curve does get steep as these get nicer, is mine good enough to be on the steep part of the curve?
If I were getting opinions of $2000+, I'd know I have something that's collectible where condition is very important to the value. I'd probably look to sell it to a collector. As it is, it sounds like folks think the market pays a little more for a very nice example, but not a lot more, certainly not 2 or 3x. Heck, a brand new 520 goes for $1679, we're not even close to that. Based on what I'm hearing, I think I'll listen to SurferRosa, put some good tires on it and ride it.