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Value Needed - 1987 Panasonic Sport DX Fixed Gear Conversion

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Value Needed - 1987 Panasonic Sport DX Fixed Gear Conversion

Old 07-11-15, 04:13 PM
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Matthius
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Value Needed - 1987 Panasonic Sport DX Fixed Gear Conversion

Hello, all! I'm (kind of) a frequenter over at the Single Speed & Fixed Gear section, but I'm rather new to the Appraisal section! Here is my 1987 Panasonic Sport DX Fixed Gear Conversion. I bought it as a 12 speed and invested quite a bit to get it up and running. Here she sits now. I want to sell to upgrade to an All City Big Block and I need to stretch the price on this Panasonic as far as possible! (But don't we all want to get the best price we can for our stuff...)

Anyways, below is a link to the Flickr album with 28 pictures of the bike and components. (Sorry, I'm a total newbie to adding pictures into a post). Also below is a full list of components, some original, some new. Cheers!
<<>><<>><<>><<>>

https://www.flickr.com/photos/130161...57655342027290

Frame - 1987 Panasonic Sport DX - Team Silver (Chromoly)

Front Tire - Continental Ultra Sport 23mm
Front Rim - Matrix Titan Tech 19mm (32 Hole)
Front Hub - Shimano RSX HB-A410 (32 Hole) (Repacked, smooth)

Rear Tire - Freedom Thickslick 23mm
Rear Rim - Araya 23mm (36 Hole)
Rear Hub - White Industries ENO Eccentric Hub - Silver - 126mm (36 Hole)
Cog - White Industries Splined Track Cog - 17T (1/8”)
Chain - KMC 1/8”

Crankset - Retrospec Mantra 46T (165mm, 1/8”)
Bottom Bracket - Original (Repacked, very smooth)
Pedals - Redline LU-313 Pedals
Straps - Holdfast Limited Edition - **NOT INCLUDED IN SALE**

Saddle - ?? Marked Velo Underneath
Seatpost - Mory

Front Brake - Dia Compe 630
Front Brake Lever - Star

Stem - ??
Handlebars - Winpista


*Edit* Just for a fun fact, It was made in December of 1987! The colorway is a 1988 colorway.

Last edited by Matthius; 07-11-15 at 04:32 PM. Reason: BB Information
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Old 07-11-15, 04:42 PM
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Any idea what brand and model the tubing is? Unfortunately it won't have much value since it looks like all the original parts have been replaced.
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Others but still loved,; '80 RIGI, '80 Batavus Professional, '87 Cornelo, '09 Motobecane SOLD, '?? Jane Doe (still on the drawing board), '90ish Haro Escape
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Old 07-11-15, 04:54 PM
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Sport DX was lower end. The mismatched wheels and other components will hit the value. Also the stickers and rust will further take a chunk out of value.

I say value is at about $100 depending on market. A bike like that, I would just keep and ride it.
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Old 07-11-15, 06:20 PM
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Matthius
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Originally Posted by wrk101 View Post
Really depends on your location. Around here $125. In a hot market, I could see it $200 to $250.

If you are going to sell it, rotate seat post clamp 180 degrees and slide saddle back to its normal orientation.

Mismatched wheels are OK for the SS/FG market.

Its not going to sell to the vintage/classic crowd. Instead, you are looking for someone who wants a FG conversion. They are out there, particularly in larger urban markets. I tend to do one or two a year. They sell to younger buyers/college students/etc. Last one I did was a Sport DX by the way.
I'm located in a large urban area, so that should work well. Is there anything that I can do to raise the value of it? (I'll definitely rotate the clamp before selling) Unfortunately, for what I've put into it, $250 isn't a good ROI at all... I definitely do understand, however, that stuff depreciates fast.
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Old 07-12-15, 06:45 AM
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That is the problem with these 'fixie' conversions. Someone sepends a lot of money tricking out how they want it and then expect to add up how much all that cost and want to sell it for that when they decided a FG bike is not for them.

You ould cut your loss a bit by putting the original parts back and selling that crank and rear wheel separately, maybe.

Also it looks like a pretty tall frame so that will cut down on the pool of buyers.
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Others but still loved,; '80 RIGI, '80 Batavus Professional, '87 Cornelo, '09 Motobecane SOLD, '?? Jane Doe (still on the drawing board), '90ish Haro Escape
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Old 07-12-15, 10:05 AM
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I would say value with the current SS/FX setup $125 which I know is about half or less of the new parts value which is pretty typical for used fixies in the current market. Right now in most markets your lucky if you can get half of what you spent back on a bike like this.

Right now if your looking to upgrade I would say consider getting a better frame set and put most of the nicer components on this bike on it right now you have a really nice SS/FG except for the framset and maybe bar setup. So you would probably do better to keep most of the pricier components or maybe sell some seperately than sell this bike complete.

Last edited by zukahn1; 07-12-15 at 10:15 AM.
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Old 07-12-15, 11:45 AM
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Just chiming in to say I agree with everyone's comments on this so far. Particularly @wrk101 and @Bianchigirll's wisdom. As wrk says, it's tough to get your money back out of a restoration, let alone profit (but it can be done). You have to be very careful how you go about the restoration. I have found that C&Vers are looking for one of two things. Authenticity/faithful restorations that match or stay close to the spirit of the bicycle's original layout (stock paint schemes, decals, components, etc.) or bottom dollar prices to begin their own project. You've got neither here.

Here in STL, I'd guess $100-150 maybe, because it's a bicycle that rides.
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Old 07-12-15, 12:44 PM
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But the OP isn't selling a restoration he is selling his vision of a cool 'fixie'
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Others but still loved,; '80 RIGI, '80 Batavus Professional, '87 Cornelo, '09 Motobecane SOLD, '?? Jane Doe (still on the drawing board), '90ish Haro Escape
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Old 07-12-15, 01:35 PM
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This is a low end frame, with spotty rust, two wheels that don't match and a bad setup with the saddle and brakes. It is worth very little. NYC is a hot market and I'd be surprised if I could get $150 for it. I'd look to get $100.

Your best bet is to take it apart and sell everything individually. You can certainly get more for it that way. The rear wheel is probably worth more than the frame.
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Old 07-12-15, 01:44 PM
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Originally Posted by lostarchitect View Post
The rear wheel is probably worth more than the frame.
^This. The fixed gear conversion market is all but done it seems where I live and there are plenty of hipsters here. I sold a conversion to a local student about 8 years ago. A year later he showed up to buy a mid 80's Bianchi with a Shimano 600 group. As mentioned in plenty of other threads people still ride a fixed gear bike, (like me) but want a classic geared bike. I do see plenty of teenagers on a Bikes Direct single speed/fixed gear. Most of them are coasting.
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Old 07-12-15, 05:03 PM
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Thank you, everyone, for your input. I'll probably just keep this as a beater bike while I save up for a better one. I appreciate the wisdom that you all are passing on from your personal experiences of buying, selling, and possibly modifying bikes.
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Old 07-12-15, 06:35 PM
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I think it would be tough to get $250. I sold a fixie/ss a couple years ago that was in great condition with a very nice wheelset. I live in the Twin Cities which is a super hot bike market. I think I got $225 for it.

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