Originally Posted by JunkYardBike
I think that's fair. I sold a completely overhauled, and I mean down to the bare frame, RB-2 for $200 recently. I sold it in the winter, and may have been able to get $250-$300 on eBay now. However, I don't think an RB-3 would go for that much.
If nothing else, if your son's friend pays $100 (hopefully his own money) he'll probably respect it more and not trash it, which would be my fear if I were to give such a bike away.
GOOD POINT... to the OP, DON'T give it away, nothing commands less respect for a bike than the fact it cost the recipient nothing, no cost,no reguard,the kid 'll let it get stolen or such. It ought to cost him something.