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How much is this Peugeot worth?

Old 05-14-17, 07:54 AM
  #1  
halincandenza
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How much is this Peugeot worth?

Hey guys, I recently picked up this Peugeot PS28 for $150. My drycleaner said he paid $1200 for it a long time ago and only rode it about 10 times. All the parts look to be original with the exception of the tires. I`m not sure what distinguishes a `triathlon`bike from a regular road bike but this is a `Collection Series triathlon design`as seen on the decal. It`s missing the leather straps on the pedals, with some decal missing on the pedal stem and there is a dirt or grease smudge on the top of the frame and a few little smudges on the forks. Other than that it looks to be in pristine condition. I have taken it for a couple of rides and it feels very sturdy and smooth, shifts like a dream. unfortunately it`s a tad bit big for me as I am 5`5 and I think the frame is around 53cm. Hoping I can sell it and get something just as nice but fits me better.

Thanks, Hal
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Old 05-14-17, 10:18 AM
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cb400bill
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thread moved from Forum Assistance to Classic and Vintage Appraisals
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Old 05-14-17, 10:44 AM
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bargainguy
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Welcome aboard!

I believe your PS28 is one of the Canadian-built Peugeots, with triple-butted Ishiwata tubing. Nice bike. I'll defer value to the experts here.
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Old 05-14-17, 03:15 PM
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310 usd maybe
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Old 05-14-17, 03:59 PM
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1st generation 105 level road bikes like this tend to go for $300-350 in very good condition so you got a pretty good deal. As for original price $1200 seems high most of these sold around $800 new.
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Old 05-14-17, 04:11 PM
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AlexCyclistRoch
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Nice bike, but those tires should go immediately and something decent should be put on them (expect to pay $80-100 for a good pair). Looks like you got a steal of a deal. Value? Well, at least $350, certainly. $3100? Eh, maybe, maybe not so much. If it had Dura-Ace components, and was completely original, still.....maybe.
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Old 05-14-17, 04:33 PM
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Yes, it's a Canadian market model, circa 1987-1989. The components are 2nd generation Shimano 105, which was officially known as New 105. Original MSRP was in the $600-$699 CDN range, depending on the exact year. Even when this model got upgraded to 3rd generation 105SC in 1990, it was only $750 CDN.

Regardless, $150 was a real deal. You could easily sell it for twice that. However, finding nice small bicycles can be problematic. I'd seriously consider using it as a donor bicycle and seeking a frame, though that can be just as hard. See what's out there, in both correct size bicycles and frames before you sell it.
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Old 05-14-17, 04:49 PM
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Originally Posted by halincandenza View Post
unfortunately it`s a tad bit big for me as I am 5`5 and I think the frame is around 53cm. Hoping I can sell it and get something just as nice but fits me better.
The pics appear to show a frame of about 56cm, which is a nice size for a resell. Advertising it as 53cm, which it obviously isn't, would make it harder to sell. Make sure you measure it if you're going to advertise it.
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Old 05-16-17, 10:35 AM
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Originally Posted by jj1091 View Post
The pics appear to show a frame of about 56cm, which is a nice size for a resell. Advertising it as 53cm, which it obviously isn't, would make it harder to sell. Make sure you measure it if you're going to advertise it.
I agree. It's definitely not a 53 with a headtube that tall. I'd also guess ~ a 56cm.

Regardless, OP, nice buy. The bike looks to be in immaculate condition. I think it'd sell for at least $300, if not a bit more. (Who am I kidding, it's my size, I'd keep it.)

OP: Did you actually measure the frame properly?

Measure it like the Seat tube length "C-C" measurement below. (That stands for "center to center" so you measure from the center of where the gears in front are to the "middle" of the horizontal top tube, and you measure ALONG the seat tube (vertical tube.)



Like in this video at 28 seconds.


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Old 05-21-17, 07:53 PM
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halincandenza
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Great feedback!

Love this site! Thanks for all the info guys, really stoked to find this forum. I measured the bike and it's a 56cm as many suggested. After a couple weeks taking the bike to work I'm starting to get used to the larger frame and feel like it may even be better for my back (which I've had problems with), dunno. Everything on it runs great but the rubber pieces between breaks and handlebars are really sticky and gooey, I'm guessing from the bike sitting in a basement with the laundry machines for a decade. Didn't realize the tires were wack, will definitely upgrade em and thinking a black seat and black grip tape would look nicer. Not sure what I'm going to do with my old bike. It's a French road bike called Jeunet. Solid frame, guessing steel. Handles very well I haven't taken good care of it maintenance wise recently. Love the frame, handle bars, and forks but the original components and pedals etc. have to go. Not a fan of the McDonalds colour combo either. Should I be worried about buy replacement parts for an older french model or are tens speed kinda universal when it comes to brakes and derailers and stuff.
Thanks again!
Hal
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