SJX426 

Curious to know what the prevailing assessment might be for this bike. See link to other pictures. it has been neglected to a degree with surface rust showing up. Looks like all the parts are original Shimano 600 tricolor including hubs. Sales receipt states 60 cm. Original cost $789.
[IMG]MVIMG_20180331_120704, on Flickr[/IMG]
[IMG]IMG_20180331_120921, on Flickr[/IMG]
[IMG]IMG_20180331_120723, on Flickr[/IMG]

rccardr 

In my universe (which, being in Burke, is not all that far from yours), that's a candidate of an OA bath and a repaint/redecal.

Assuming the tricolor components are in the same shape as the frame, maybe $200. If by some miracle the components are super duper and it's just the frame that's in poor shape, maybe $250.

StarBiker

I would barely get $50 for that, and it would take a while in the DC Market.

wrk101

With serious rust I just look at the components and put the value there. If the components are flawless, $200 would be a bargain. If they show significant wear, less. Lots of wear, a lot less.

I am cautious when I see a bike that neglected. Will BB be OK? What about wheel hubs, headset, etc? Until it’s torn down you just don’t know. Assume the worst? Seller absorbs the risk. Assume the best? Buyer assumes the risk. I’ve stopped assuming risk as a buyer. If there is a greater fool (buyer) out there that will pay more, so be it. I'll find something else.

ramzilla

That needs a paint job. But, it’s still worth at least $100.

StarBiker

Yes, to you.

xiaoman1 

OP
150-175...it is a Master, not sure why some would want to repaint a rider... that would be what I would consider it, not one to restore. the cost of the paint and new decals along with consumables would be very prohibitive. if you buy it clean and wax along with the usual maintenance and enjoy it..the price of a restored IM will never be recouped, you would do better finding a mint one if that is what you are after...of course it will cost you more but less than a full restoration.
JM2C's, Ben

fleslider 

If the rust is superficial and i was looking to get one for a rider, then $150 or so. looks like the wheels have been changed along with the Bars and the seat.

canklecat

Tough one to evaluate without a bore scope to check inside the tubes. Looks like it's spent a lot of time on a trainer or rollers, rode hard and put away sweaty. I'd at least want to use a bit of rust remover on the spot on the top tube to evaluate how deep it goes, just to be sure it's safe to ride. Otherwise I'd only feel comfortable using it as a dedicated indoor trainer bike, no road jolts.

Several month ago an Ironman Master with bent frame but good Shimano 600 group finally sold for around $50-$75 for the parts. Wish I'd moved sooner on it, but I hesitated and someone else got a bargain.

I paid around $200 for my '89 Ironman Expert with Suntour GPX group, all original everything but the tires. That was a fair price for this area. Usually I see people asking closer to $300 for an Ironman in any condition, although they weren't particularly rare in Texas.

And for the past few months I've seen a Diamondback from the year or so after the Centurion Ironman was discontinued and folded into the Diamondback lineup, asking price just over $200. It looks to be in very good shape. My size too. I just don't have room for another bike.