Originally Posted by
Velosophy
I’m going to look at it hopefully today. See what kind of shape the components are in etc. I’ll report back.
I’m not buying as an investment obviously but in your opinion is this going to worth $1k in ten years or $200? Just curious which direction these are heading?
Vintage bikes are heading down right now, could start heading up tomorrow. Who knows? If you are looking for an investment, IMO, bikes or any other collectible are not the way to go. Collectibles in my experience can go up, and can go down. Part of the collectible market is demographics. As the people into that stuff die off, their collections become available and fewer collectors remain.
Collectibles I bought 50 years ago are worth less today than they worth back then. Factor in inflation, and it's horrible.
Anyone who can predict the future need to either buy lottery tickets or stock options, probably both.