Yeah ... I can see that bike bringing $100+. The saddle is $35 and the rear derailleur is $35+ alone ...
I did see one '64 Collegiate go for $650 on the 'Bay, but it had quite a few accessories and I think it was an anomoly.
This was my '64:
http://www.geocities.com/sldbgallery...4coll001o.html
Bob