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Nishiki Olympic $120 - Late '70's, early '80's

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Nishiki Olympic $120 - Late '70's, early '80's

Old 01-18-17, 10:11 AM
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tbo
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Nishiki Olympic $120 - Late '70's, early '80's

Thinking about getting an old steel touring bike. My wife and I have a couple of Raleigh Sports 3-speeds. Love the steel, but they are a little slow for me on longer rides.

https://orlando.craigslist.org/bik/5923412120.html


"In very good condition late 70s early 80s Nishiki Olimpic. 56-57cm, Shimano 600 front and back derrailuers, Maxy crank, Dia-Compe brakes. The bike will need tires, tubes, and a tine up. Does have scratches and oxidation (on wheels). You must be above 5'8" to ride it."

Is this any good? AFAIK, this is a lower level Nishiki, probably mfr'd by Giant in Taiwan. I haven't seen the bike in person nor the serial number to confirm.

Thanks for you comments.

Last edited by tbo; 01-18-17 at 10:21 AM.
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Old 01-18-17, 10:18 AM
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As you probably know, tires and tubes will run ~$50-70 if you install them yourself. If you have a bike shop do the tune up, probably another $50 - 70 to replace brake and derailleur cabling, and brake pads. It's not hard to get $200 worth of use out of a bike if you're buying it to ride, but you won't make that back if you ever sell it.
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Old 01-18-17, 10:24 AM
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Not for flipping, definitely for riding.

Figuring on new tires, tubes, brake pads, handlebar tape (or gloves). Cables and chain as needed. Will probably take a look at the BB as a matter of course, but hopefully not needed 1st day.
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Old 01-18-17, 10:33 AM
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Agree with the other posters. This is a decent price for a rider but it's not a great deal. I'd pass and look for something better quality than this.
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Old 01-18-17, 11:05 AM
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Well, it has a 5 speed freewheel and this model became the Olympic 12 in 1978, so it's older than that. However, the Super Maxy suggests it's not much older, probably 1976-1977. Given the work and parts needed, this is definitely priced on the high side.
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Old 01-18-17, 11:34 AM
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Those old 70's bikes can be restored into very handsome rides. However, it's not cheap to get there. And, you pretty much have to do all the work yourself to make any sense. That bike would be a real beauty after new wheels, tubes, tires, chains, pedals, seat, brake pads, cables....... oh what the heck, toss the handlebars & make it an upright cruiser while you're at it. Probably only cost between $200 - $300 in parts. Be good & have fun.
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Old 01-18-17, 12:11 PM
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If it has steel rims, I wouldn't buy it. It's not a light bike (frame is probably about the weight of the Sports frame) and with the steel rims, it won't be much quicker than a Sports. The only advantage that I see is that with ten gears you have more ability to find a "groove" at different speeds and cadences. Also, with a 42:28 (guessing) you can go up hills that you can't on your Sports.

But, it does have nice (in my opinion) derailleurs and the crankset is ok and the high flange hubs (Shimano?) are interesting.
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Old 01-18-17, 12:38 PM
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Originally Posted by tbo View Post
Thinking about getting an old steel touring bike..... Love the steel, but they are a little slow for me on longer rides.

Is this any good? ...
A nice bike. Fairly priced... but by no means a "deal". I don't think it would fit your needs.

I'd look more at the Japanize mid-80's bikes. This isn't exactly cycling season. So with a little patience... you should be able to find something that is (faster) better suited to your needs. and still around the same budget.

Although I always buy and build my project bikes with the idea of reselling... I often keep the bike. I think the same idea would benefit the other-way-around. There is just no reason to tie up more money in a vintage bike than what can be re-cooped if desired. Because, as soon as the bike is restored and running.... you'll find that "other bike" you just can't past on. Being able to jump on a great buy.... and re-coop the investment by selling off the bike you replaced is a good feeling. And... if you're careful with your selections, rebuilds, and negotiations.... this hobby can even be (almost, or slightly) profitable.
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Old 01-18-17, 02:47 PM
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I looked for other 23" frames. (How tall are you, by the way?) I'd recommend this. I think it's worth the extra $80 especially considering that the Nishiki needs new tires and tubes.

1984 Fuji Del Rey - $200 (SODO)

https://orlando.craigslist.org/bik/5962973947.html

catalog link: https://www.classicfuji.com/1984_14_DelRey_Page.htm


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Old 01-19-17, 07:51 AM
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Originally Posted by Clang View Post
I looked for other 23" frames. (How tall are you, by the way?) I'd recommend this. I think it's worth the extra $80 especially considering that the Nishiki needs new tires and tubes.

1984 Fuji Del Rey - $200 (SODO)
I concur. This one doesn't look like it needs any parts and it's probably about 3 lbs lighter.
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