wrk101

+1 As a 50 year collector, collectables go up and down in waves. When they are hot, you are a genius. Sooner or later, they drop.

As far as a boom in bike prices, I picked up a Univega last week on ebay for $21.25. Not exactly a boom. I sold a similar bike last February for $165. Hopefully I will be able to recoup a similar amount on C/L.

+1 I am earning less than minimum wage flipping bikes, probably a lot less. Not only do you have the actual time spent working on the bikes, but you also have the time seeking/searching for deals. I spend more time looking for deals than I do fixing them. But I am not doing it for income. I am doing it because I enjoy working on bikes. And I combine the search time with looking for other sellable items for consignment shops and ebay, so it works out a little better....

+1 I end up keeping too many of them, cutting the "profit" significantly.

I basically make enough to fund the keepers....