I recently became interested in C&V bikes because of a questionable past-time I developed in the Recumbent world -- cutting up older bikes to create recumbents. Of course, the lighter the road bike the better.
I built my wife's Tour Easy clone recumbent using an old French Juenet I bought for $10 and a lugged frame Fuji I got for free off Craigslist. A person I know via the Internet recently bought a Trek for $5 (pictured below) and it is scheduled for a similar fate.
I wouldn't say any of the bikes that meet this fate are super rare. While they might have been restored, the value of a properly built recumbent might be worth more than you would get for a "fix n flip".
So, how do you C&Vers feel about this concept? Hate it or don't really care?
Potential donor, above, and wife's Tour Easy clone, below, along with another of my creations that started out as a Wal-Mart Roadmaster