Classic and Vintage Bicycles: Whats it Worth? Appraisals. Use this subforum for all requests as to "How much is this vintage bike worth?"Do NOT try to sell it in here, use the Marketplaces.

1990 Miyata 1000LT

Old 04-27-19, 10:07 AM
  #1  
samkl 
Senior Member
Thread Starter
 
Join Date: Feb 2017
Location: Chicago, IL
Posts: 277

Bikes: 2004 Trek 520, 1990 Miyata 1000, 1987 Cannondale SR400 AKA Prairie Chicken, 2017 Xootr Swift

Mentioned: 3 Post(s)
Tagged: 0 Thread(s)
Quoted: 118 Post(s)
Liked 2 Times in 1 Post
1990 Miyata 1000LT

Gearing up to sell my Miyata 1000LT because itís sadly too small, but I donít know what itís worth. Seems like there was a Miyata 1000LT boom a few years ago, but I donít know it thatís been sustained recently. Itís been ordained by St. Sheldon, so who knows!

Iíve made some upgrades and have most of the original parts in case the buyer would want those for originality purposes. (Do new parts increase value or no?)

New parts include VO Grand Cru headset, Soma stem, kool stop pads, shimano cartridge BB, VO seatpost. Probably wouldnít include the PDW fenders.

The frame has plenty of scratches and some surface rust. No dents.




samkl is online now  
Old 04-27-19, 10:29 AM
  #2  
T-Mar
Senior Member
 
Join Date: Nov 2004
Posts: 17,859
Mentioned: 433 Post(s)
Tagged: 1 Thread(s)
Quoted: 2489 Post(s)
Likes: 0
Liked 71 Times in 65 Posts
This arguarbly oone of the most desirable grand touring models. It has the highly regarded Splined, Triple Butted tubeset with all the braze-on amenities (dual bottle bosses, air cartridge boss, lo-rider mounts, rear rack eyelets, pump peg, chain hanger). It's also modern enough to have 700C wheels, SIS, Hyperglide and SLR. Replacement part appeal will depend on the buyer. Cosmetic condition is well used but good. Mechnical condition also looks good. I'd value it at ~$400.
T-Mar is offline  
Old 04-27-19, 10:37 AM
  #3  
bikemig 
Senior Member
 
bikemig's Avatar
 
Join Date: Apr 2012
Location: Middle Earth (aka IA)
Posts: 15,155

Bikes: A bunch of old bikes and a few new ones

Mentioned: 107 Post(s)
Tagged: 0 Thread(s)
Quoted: 3627 Post(s)
Liked 78 Times in 70 Posts
I think this, along with the Specialized Expedition (which I think was also a Miyata), is one of the more desirable vintage touring bikes. Plus living in Chicago, you can probably get a fair price on CL without dealing with the hassle of eBay. I think you can get $500 for this on CL and possibly more if you can find a motivated buyer.

There are lots of good vintage touring bikes out there though of similar quality and they can be had for a fair bit less. I know if I were looking for a vintage touring bike, I'd have a hard time justifying to myself paying that much more for a Miyata even though I worked in a shop that sold a bunch of these and I'm sorry I didn't buy one when I had the chance. I love Miyatas.
bikemig is offline  
Old 04-27-19, 12:52 PM
  #4  
ramzilla
Senior Member
 
ramzilla's Avatar
 
Join Date: Dec 2014
Location: 10% Atlanta GA 90% Fernandina FL
Posts: 2,456

Bikes: Vintage Japanese Bicycles

Mentioned: 16 Post(s)
Tagged: 0 Thread(s)
Quoted: 397 Post(s)
Likes: 0
Liked 8 Times in 6 Posts
ou

The vintage market is in the doldrums where Iím at. Hope itís better where you are. Thatís a very desirable bike. High end Japanese bikes from that era usually bottom out around $300. Please donít accept less. BITD you could have asked $500. Youíll get more on eBay than CL for it.
ramzilla is offline  
Old 04-27-19, 01:08 PM
  #5  
samkl 
Senior Member
Thread Starter
 
Join Date: Feb 2017
Location: Chicago, IL
Posts: 277

Bikes: 2004 Trek 520, 1990 Miyata 1000, 1987 Cannondale SR400 AKA Prairie Chicken, 2017 Xootr Swift

Mentioned: 3 Post(s)
Tagged: 0 Thread(s)
Quoted: 118 Post(s)
Liked 2 Times in 1 Post
Originally Posted by ramzilla View Post
The vintage market is in the doldrums where Iím at. Hope itís better where you are. Thatís a very desirable bike. High end Japanese bikes from that era usually bottom out around $300. Please donít accept less. BITD you could have asked $500. Youíll get more on eBay than CL for it.
Well honestly $500 was kind of on the low end of what Iíd take, especially because Iím in a big city. Maybe wishful thinking on my part. $300 would be pretty disappointing!
samkl is online now  
Old 05-07-19, 06:37 PM
  #6  
Cycle Tourist
Senior Member
 
Join Date: Jan 2017
Posts: 233
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 65 Post(s)
Likes: 0
Liked 8 Times in 8 Posts
As for the original parts... I wouldn't be interested but many people would be. It depends on the buyer. Restoring it is one thing and getting some use out of a nice classic touring bike quite another. In a taller frame (63cc) they became a little flexible for heavy loads so $300 for the big frame might be the best you end up with but give it a chance at $500. You might just have the right bike for the right guy at the right time.
Cycle Tourist is offline  
Old 05-08-19, 07:09 AM
  #7  
wrk101
Thrifty Bill
 
wrk101's Avatar
 
Join Date: Jan 2008
Location: Mountains of Western NC
Posts: 22,019

Bikes: 86 Katakura Silk, 87 Prologue X2, 88 Cimarron LE, 1975 Sekai 4000 Professional, 73 Paramount, plus more

Mentioned: 67 Post(s)
Tagged: 0 Thread(s)
Quoted: 655 Post(s)
Likes: 0
Liked 43 Times in 37 Posts
Originally Posted by samkl View Post
Well honestly $500 was kind of on the low end of what I’d take, especially because I’m in a big city. Maybe wishful thinking on my part. $300 would be pretty disappointing!
I was going to tell you that you could do much better than the estimates above, but then I checked ebay.


Wow, the market has really softened up! Two years ago, I sold a 1989 1000LT frameset for $675 on ebay. No more.... Good thing I didn't hold on to it.


This is the highest price recent sale on ebay, really clean, $549.

https://www.ebay.com/itm/Vintage-1989-Miyata-1000LT-21inch-Touring-Bike-Completely-Restored-/202658929801?_trksid=p2047675.m43663.l10137&nordt=true&rt=nc&orig_cvip=true

This one went for $350, my size too!
https://www.ebay.com/itm/Miyata-LT1000-56cm-Sport-Touring-18-sp-Bar-end-shifters-Serfa-700-38-Bike-Rack-/123641252800?_trksid=p2047675.m43663.l10137&nordt=true&rt=nc&orig_cvip=true

Last edited by wrk101; 05-08-19 at 07:14 AM.
wrk101 is online now  
Old 05-08-19, 08:44 AM
  #8  
jet sanchEz
Senior Member
 
jet sanchEz's Avatar
 
Join Date: Apr 2005
Posts: 8,544
Mentioned: 3 Post(s)
Tagged: 0 Thread(s)
Quoted: 592 Post(s)
Likes: 0
Liked 0 Times in 0 Posts
Yup, gravel bikes with disc brakes are what people want, the value of older touring rigs is way down, just like everything else in the vintage bike market.

Probably for a good long while too.
jet sanchEz is offline  
Old 05-08-19, 02:54 PM
  #9  
kingston 
Jedi Master
 
kingston's Avatar
 
Join Date: Sep 2014
Location: Lake Forest, IL
Posts: 2,633

Bikes: http://stinkston.blogspot.com/p/my-bikes.html

Mentioned: 28 Post(s)
Tagged: 0 Thread(s)
Quoted: 1085 Post(s)
Liked 21 Times in 16 Posts
I'm always amazed at how little I get for used bikes when I sell them vs. how high the prices are on craigslist.
kingston is online now  
Likes For kingston:
Old 05-08-19, 06:37 PM
  #10  
wrk101
Thrifty Bill
 
wrk101's Avatar
 
Join Date: Jan 2008
Location: Mountains of Western NC
Posts: 22,019

Bikes: 86 Katakura Silk, 87 Prologue X2, 88 Cimarron LE, 1975 Sekai 4000 Professional, 73 Paramount, plus more

Mentioned: 67 Post(s)
Tagged: 0 Thread(s)
Quoted: 655 Post(s)
Likes: 0
Liked 43 Times in 37 Posts
In the vintage area, Campy parts and BMX are the two areas that are strong. Almost everything else has softened a lot.
wrk101 is online now  
Old 05-08-19, 07:12 PM
  #11  
zukahn1
Senior Member
 
zukahn1's Avatar
 
Join Date: Oct 2011
Location: Fairplay Co
Posts: 7,260

Bikes: Current 79 Nishiki Custum Sport, Jeunet 620, notable previous bikes P.K. Ripper loop tail, Kawahara Laser Lite, Paramount Track full chrome, Raliegh Internatioanl, Motobecan Super Mirage. 59 Crown royak 3 speed

Mentioned: 17 Post(s)
Tagged: 1 Thread(s)
Quoted: 283 Post(s)
Likes: 0
Liked 9 Times in 8 Posts
Originally Posted by wrk101 View Post
I was going to tell you that you could do much better than the estimates above, but then I checked ebay.


Wow, the market has really softened up! Two years ago, I sold a 1989 1000LT frameset for $675 on ebay. No more.... Good thing I didn't hold on to it.


This is the highest price recent sale on ebay, really clean, $549.

https://www.ebay.com/itm/Vintage-198...orig_cvip=true

This one went for $350, my size too!
https://www.ebay.com/itm/Miyata-LT10...orig_cvip=true
Yes the market on nicer vintage light touring top end sports bikes is way down stuff that would have sold for $600 at the top of the market 3-5 yrs ago is now in the $200-300 range and not moving were I'm at in the greater Denver centrtal US market.
zukahn1 is offline  
Old 05-08-19, 07:21 PM
  #12  
zukahn1
Senior Member
 
zukahn1's Avatar
 
Join Date: Oct 2011
Location: Fairplay Co
Posts: 7,260

Bikes: Current 79 Nishiki Custum Sport, Jeunet 620, notable previous bikes P.K. Ripper loop tail, Kawahara Laser Lite, Paramount Track full chrome, Raliegh Internatioanl, Motobecan Super Mirage. 59 Crown royak 3 speed

Mentioned: 17 Post(s)
Tagged: 1 Thread(s)
Quoted: 283 Post(s)
Likes: 0
Liked 9 Times in 8 Posts
Originally Posted by wrk101 View Post
In the vintage area, Campy parts and BMX are the two areas that are strong. Almost everything else has softened a lot.
+1 Not really about this thread but nicer BMX parts from the 80's for big bucks. I have brought a junker 10 speed for $5 and sold the red Sugino Maxi dust caps for $20 to the BMX crowd.
zukahn1 is offline  
Old 05-09-19, 11:55 AM
  #13  
samkl 
Senior Member
Thread Starter
 
Join Date: Feb 2017
Location: Chicago, IL
Posts: 277

Bikes: 2004 Trek 520, 1990 Miyata 1000, 1987 Cannondale SR400 AKA Prairie Chicken, 2017 Xootr Swift

Mentioned: 3 Post(s)
Tagged: 0 Thread(s)
Quoted: 118 Post(s)
Liked 2 Times in 1 Post
Ended up selling it for $650 on Craigslist, sans fenders but with some metal platform pedals. I'm happy with that.
samkl is online now  
Old 05-12-19, 11:26 PM
  #14  
Cycle Tourist
Senior Member
 
Join Date: Jan 2017
Posts: 233
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 65 Post(s)
Likes: 0
Liked 8 Times in 8 Posts
I'm really glad to hear that. Not only to see a sweet classic get a good home but my 520 is nearing completion and I'd love to see it get a second life in appreciative hands.
Cycle Tourist is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Andyz
Road Cycling
21
02-26-13 11:32 PM
missjean
Mountain Biking
1
05-20-12 08:06 AM
jimx200
Road Cycling
2
07-02-08 05:52 PM
acorn_user
Professional Cycling For the Fans
6
07-28-07 04:18 PM
DeeCIndy
BMX
26
12-06-04 06:51 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.