Sixty Fiver...I guess it depends on everyone's definition of "beater"; to me a beater is usually an older bike that doesn't look very pretty and may have some mix and match parts, but is mechanically sound. My current beater is my 1972 Raleigh Sports Standard. It has chipped paint and some surface rust, the rear wheel has places where the chrome is worn out on the braking surface, I had a Huffy Baypoint that I used to use as a beater when the Raleigh was off being abused by my brother. YMMV
Aaron