Notices
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.

Centurion Ironman Master 1987

Old 05-29-20, 07:10 AM
  #1  
WDE_aubs
Junior Member
Thread Starter
 
Join Date: Oct 2019
Location: Auburn Alabama/ Orlando
Posts: 20

Bikes: 1971 Schwinn Continental, 1979 AMF Roadmaster,1993 Giant Cadex ALR-1, 1993 Specialized Rockhopper Expert, 1993 Specialized Rockhopper Comp, 2000 Gary Fisher Kaitai, 2003 Giant Iguana Disc

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 4 Post(s)
Liked 3 Times in 2 Posts
Centurion Ironman Master 1987

Centurion Ironman Master listed as $150. I'm thinking about flipping it, but knowing myself I might end up keeping it (I have a bad habit of falling in love with bikes I intended to flip). Anyway, what do you all think? Do you think there will be enough meat on the bone once I fix it up for resale? I'm still trying to get the hang of judging and understanding what a bike is actually worth, all things considered.





WDE_aubs is offline  
Old 05-29-20, 07:35 AM
  #2  
TakingMyTime
Senior Member
 
Join Date: Aug 2012
Location: Los Alamitos, Calif.
Posts: 1,885

Bikes: Trek 7.4 FX, 5200 & 7700

Mentioned: 4 Post(s)
Tagged: 0 Thread(s)
Quoted: 626 Post(s)
Liked 348 Times in 226 Posts
I don't know what the "flip" value would be, but it that was near me and I could get it for $150 it would be sitting in my garage. That 600 headset is going to require special wrenches. I'm sure some members have a work-a-round for the wrenches, but just sayin'.
TakingMyTime is offline  
Likes For TakingMyTime:
Old 05-29-20, 07:45 AM
  #3  
cb400bill
Inoxidable Moderator
 
cb400bill's Avatar
 
Join Date: Jul 2007
Location: Kalamazoo MI
Posts: 18,162

Bikes: Fuji SL 2.1, Cannondale Synapse, Trek 710

Mentioned: 39 Post(s)
Tagged: 0 Thread(s)
Quoted: 1961 Post(s)
Liked 1,386 Times in 849 Posts
As a keeper, yes. Especially if you have most or all of the needed consumables on hand. Tires, tubes, bars, bar tape, brake pads, cables, grease, saddle
As a flipper, unless you live in a hot market, probably not. You'll be upside down, or at best break even, if you sell it.
cb400bill is offline  
Likes For cb400bill:
Old 05-29-20, 07:45 AM
  #4  
StarBiker
Senior Member
 
StarBiker's Avatar
 
Join Date: Feb 2009
Posts: 1,644

Bikes: Gary Fisher Cobia, Cannondale Super V400, Cannondale F700

Mentioned: 7 Post(s)
Tagged: 0 Thread(s)
Quoted: 666 Post(s)
Liked 47 Times in 46 Posts
Originally Posted by TakingMyTime View Post
I don't know what the "flip" value would be, but it that was near me and I could get it for $150 it would be sitting in my garage. That 600 headset is going to require special wrenches. I'm sure some members have a work-a-round for the wrenches, but just sayin'.
The Centurion Fans think all centurions are worth $$$'s. They are very nice bikes, but not easy flips. I had a beautiful one, 54 CM and it took months to get $180 for it well photographed, in a market that's not that hard to sell bikes. There was almost zero interest in that bike. (The buyer was French, and living/working in DC and was surprised at the price, but I was like you are one of two people who has responded) and this was with constant top posting.

It's like Puegot, ooohhh, it's worth $$$$$

The Centurion that sells is the Touring Pro Model.

Here is the one I had,


Last edited by StarBiker; 05-29-20 at 10:23 AM.
StarBiker is offline  
Likes For StarBiker:
Old 05-29-20, 08:09 AM
  #5  
TugaDude
Senior Member
 
TugaDude's Avatar
 
Join Date: Nov 2010
Posts: 2,363
Mentioned: 6 Post(s)
Tagged: 0 Thread(s)
Quoted: 243 Post(s)
Liked 127 Times in 106 Posts
Try to bargain it down some. The saddle is rubbish. And it wasn't original to the bike anyway. It will need tires and possibly tubes. The tires are likely the originals.

Not trying to tell you how to do it, but here's what I generally do. I tell them, look, it is a nice bike, or was when it was new. But now it is in need of a complete overhaul, new tires and tubes, a new saddle, etc. It probably should have all new cables and housing just to be on the safe side. So if all of that were done, it would easily be worth $150.00 but as it stands, it needs a lot of elbow grease and replacement parts. Then offer them $100.00 and see what they say.
TugaDude is offline  
Likes For TugaDude:
Old 05-29-20, 08:46 AM
  #6  
DMC707 
Senior Member
 
DMC707's Avatar
 
Join Date: Jan 2013
Location: Oklahoma City
Posts: 3,836

Bikes: Too many to list

Mentioned: 33 Post(s)
Tagged: 0 Thread(s)
Quoted: 903 Post(s)
Liked 202 Times in 139 Posts
would be worth it to me ---- I love that color scheme -- but I would be looking at it as a keeper .

You might break even on it as a flip if you can get your consumables at a good price
DMC707 is offline  
Likes For DMC707:
Old 05-29-20, 10:22 AM
  #7  
StarBiker
Senior Member
 
StarBiker's Avatar
 
Join Date: Feb 2009
Posts: 1,644

Bikes: Gary Fisher Cobia, Cannondale Super V400, Cannondale F700

Mentioned: 7 Post(s)
Tagged: 0 Thread(s)
Quoted: 666 Post(s)
Liked 47 Times in 46 Posts
I paid $35 for the one I had, and another $80 for Gatorskins, new brake handle hoods, and bar tape. (I also rode the bike for over a year)

I just see no profit margin, and the seller will get close to that. So forget about a flip.

Last edited by StarBiker; 05-29-20 at 03:51 PM.
StarBiker is offline  
Likes For StarBiker:
Old 05-29-20, 10:30 AM
  #8  
himespau 
Senior Member
 
himespau's Avatar
 
Join Date: Jun 2008
Location: Louisville, KY
Posts: 11,562
Mentioned: 19 Post(s)
Tagged: 0 Thread(s)
Quoted: 2146 Post(s)
Liked 687 Times in 404 Posts
Flipper no, keeper, maybe. I tend to restomod everything that comes through my doors with parts that are as close to modern as I can get and still be triple, so I'd be way underwater and only looking at it as a frame, stem, seatpost purchase.
himespau is offline  
Likes For himespau:
Old 05-29-20, 11:01 AM
  #9  
Insidious C. 
Crash Test Dummy
 
Join Date: Jan 2014
Location: PNW
Posts: 1,148

Bikes: Dawes, Williams, Raleigh, Daccordi, Scott, Univega, Mercier, Vitus, J. Anquetil, Specialized

Mentioned: 36 Post(s)
Tagged: 0 Thread(s)
Quoted: 287 Post(s)
Liked 99 Times in 67 Posts
I just sold a yellow/white 87 IM Master for $250 last weekend in Portland. It was a garage queen with exceptional paint and components. The negatives: one tire was original (33 years old) and the chain needed replacement due to tight link. The buyer was okay with fixing those things himself and he got it at a fair price IMO. So there's a good data point.
__________________
I.C.
Insidious C. is offline  
Likes For Insidious C.:
Old 05-29-20, 03:52 PM
  #10  
StarBiker
Senior Member
 
StarBiker's Avatar
 
Join Date: Feb 2009
Posts: 1,644

Bikes: Gary Fisher Cobia, Cannondale Super V400, Cannondale F700

Mentioned: 7 Post(s)
Tagged: 0 Thread(s)
Quoted: 666 Post(s)
Liked 47 Times in 46 Posts
In arguably the strongest bike market in the US. The OP is in Alabama.
StarBiker is offline  
Likes For StarBiker:
Old 05-29-20, 04:17 PM
  #11  
plonz 
Senior Member
 
plonz's Avatar
 
Join Date: Mar 2015
Location: Northampton, MA
Posts: 2,268
Mentioned: 40 Post(s)
Tagged: 0 Thread(s)
Quoted: 472 Post(s)
Liked 106 Times in 78 Posts
If the paint is as good as the pics indicate, I’d probably go up to $200 as a keeper.

As a flipper, I’d make my decision based on having to make it ready to ride, overhauled and cleaned for a selling price of $250. You’ll need to swap the seat and bars which hopefully come from a parts bin at no assigned cost. Then you’ll need tires and tape. Also a chance you’ll need tubes, cables, housing, chain and maybe brake pads.

It’s actually a good price for a great bike but no profit to be made as a flipper unless you get it for much less.
plonz is offline  
Likes For plonz:
Old 05-29-20, 05:16 PM
  #12  
wrk101
Thrifty Bill
 
wrk101's Avatar
 
Join Date: Jan 2008
Location: Mountains of Western NC
Posts: 22,597

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

Mentioned: 78 Post(s)
Tagged: 0 Thread(s)
Quoted: 901 Post(s)
Liked 302 Times in 227 Posts
Basically little to no flip potential, unless you are in a red hot market.

its incredible how low a price you have to pay to prosper on flips. Maybe $75 on this bike. I bought an Expert model last year for $40. Master is better, but not a lot better.

part outs are lower risk. If you know parts values itís easy to estimate profit. No tire kickers, no low ballers, no money on fresh consumables.
wrk101 is offline  
Likes For wrk101:
Old 05-29-20, 06:33 PM
  #13  
SurferRosa
SeŮor Member
 
SurferRosa's Avatar
 
Join Date: Dec 2018
Location: Pac NW
Posts: 2,912

Bikes: Old school lightweights

Mentioned: 45 Post(s)
Tagged: 0 Thread(s)
Quoted: 1198 Post(s)
Liked 908 Times in 565 Posts
Originally Posted by TakingMyTime View Post
That 600 headset is going to require special wrenches. I'm sure some members have a work-a-round.
I just use a rag.
SurferRosa is offline  
Likes For SurferRosa:
Old 05-29-20, 07:04 PM
  #14  
onsay99
Member
 
onsay99's Avatar
 
Join Date: Mar 2020
Location: Mid Atlantic, Nawf Cackalaky, Rawlywood
Posts: 41

Bikes: 3 road steelys, 3 alu, 1 mtb, 1cx

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 13 Post(s)
Likes: 0
Liked 10 Times in 6 Posts
That old style shimano 600 headset will adjust with both the special shimano
headset tool and also surprisingly, a regular old 32mm campy or park headset spanner.
I had one of those headsets, and looks can be deceiving.
onsay99 is offline  
Likes For onsay99:
Old 05-29-20, 08:13 PM
  #15  
zukahn1 
Senior Member
 
zukahn1's Avatar
 
Join Date: Oct 2011
Location: Fairplay Co
Posts: 7,890

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: 21 Post(s)
Tagged: 1 Thread(s)
Quoted: 421 Post(s)
Liked 136 Times in 101 Posts
Nice bike OK price but not really a flipper. Along with the above noted stuff I will mention there looks to be a lot of cog, chainring wear so figure a new freewheel chain and chain rings and possibly a BB pedals into your costs. Not big stuff but it adds up quick unless you happen to already have some of these parts maybe you should consider passing on this one.
zukahn1 is offline  
Likes For zukahn1:
Old 05-29-20, 09:05 PM
  #16  
texaspandj
Senior Member
 
texaspandj's Avatar
 
Join Date: Jun 2015
Location: Heart Of Texas
Posts: 3,865

Bikes: '86 , '87 , '88 , '89 Centurion Dave Scott Ironman.

Mentioned: 99 Post(s)
Tagged: 0 Thread(s)
Quoted: 1417 Post(s)
Liked 319 Times in 222 Posts
Originally Posted by onsay99 View Post
That old style shimano 600 headset will adjust with both the special shimano
headset tool and also surprisingly, a regular old 32mm campy or park headset spanner.
I had one of those headsets, and looks can be deceiving.
Exactly right.
texaspandj is offline  
Likes For texaspandj:
Old 05-29-20, 09:46 PM
  #17  
xiaoman1 
Slightly Mental
 
xiaoman1's Avatar
 
Join Date: Mar 2014
Location: Weird Coast City of the Angels
Posts: 3,088

Bikes: A few too many

Mentioned: 26 Post(s)
Tagged: 1 Thread(s)
Quoted: 648 Post(s)
Liked 402 Times in 278 Posts

if it's good enough for John D Thompson, it's good enough for me.
xiaoman1 is online now  
Likes For xiaoman1:
Old 06-01-20, 01:10 PM
  #18  
ramzilla
Senior Member
 
ramzilla's Avatar
 
Join Date: Dec 2014
Location: Fernandina Beach FL
Posts: 3,298

Bikes: Vintage Japanese Bicycles, Tange, Ishiwata, Kuwahara

Mentioned: 20 Post(s)
Tagged: 0 Thread(s)
Quoted: 634 Post(s)
Liked 211 Times in 169 Posts

I picked this one up for $120 in November 2019. After completely refurbishing it with new tires, chain, brake pads, seat, cables, to "like new" condition it looked like this:


Sold it for $285. Of course I didn't make any money on the deal. But, the young man that bought it was smiling like a kid on Christmas morning.
ramzilla is offline  
Likes For ramzilla:
Old 06-01-20, 06:44 PM
  #19  
plonz 
Senior Member
 
plonz's Avatar
 
Join Date: Mar 2015
Location: Northampton, MA
Posts: 2,268
Mentioned: 40 Post(s)
Tagged: 0 Thread(s)
Quoted: 472 Post(s)
Liked 106 Times in 78 Posts
Originally Posted by ramzilla View Post
Sold it for $285. Of course I didn't make any money on the deal. But, the young man that bought it was smiling like a kid on Christmas morning.
You did a really nice job on that Ironman. Itís a shame one that nice wonít hit $300 but thatís our hobby for ya. Iím fixing up a free Technium that if Iím lucky will net me $50. Not factored into the cost is the 30 hours Iíll probably have in it by the time Iím done (mostly in bringing the badly oxidized paint back to life). My wife thinks Iím nuts and canít relate to the sense of satisfaction in bringing these bikes back from the dead so that people can enjoy them again.
plonz is offline  
Likes For plonz:
Old 06-01-20, 07:03 PM
  #20  
ramzilla
Senior Member
 
ramzilla's Avatar
 
Join Date: Dec 2014
Location: Fernandina Beach FL
Posts: 3,298

Bikes: Vintage Japanese Bicycles, Tange, Ishiwata, Kuwahara

Mentioned: 20 Post(s)
Tagged: 0 Thread(s)
Quoted: 634 Post(s)
Liked 211 Times in 169 Posts
Originally Posted by plonz View Post
You did a really nice job on that Ironman. Itís a shame one that nice wonít hit $300 but thatís our hobby for ya. Iím fixing up a free Technium that if Iím lucky will net me $50. Not factored into the cost is the 30 hours Iíll probably have in it by the time Iím done (mostly in bringing the badly oxidized paint back to life). My wife thinks Iím nuts and canít relate to the sense of satisfaction in bringing these bikes back from the dead so that people can enjoy them again.
Yeah. I know. Bringing an old bike back to life and selling it for less than you put into it is a curious experience. I'm glad when someone happily buys one of my beautiful restorations and, that's enough compensation for me. I just hope these young vintage bike riders are careful. These old steel bikes are very fast and, you need to wear a helmet be careful. Be good. Have fun.
ramzilla is offline  
Likes For ramzilla:
Old 06-01-20, 07:13 PM
  #21  
ramzilla
Senior Member
 
ramzilla's Avatar
 
Join Date: Dec 2014
Location: Fernandina Beach FL
Posts: 3,298

Bikes: Vintage Japanese Bicycles, Tange, Ishiwata, Kuwahara

Mentioned: 20 Post(s)
Tagged: 0 Thread(s)
Quoted: 634 Post(s)
Liked 211 Times in 169 Posts
Allright. Time for some gratuitous Centurion bike p#rn.



We've all seen these pictures a million times. But, what the heck. These bikes are beautiful.
ramzilla is offline  
Likes For ramzilla:
Old 06-02-20, 09:39 AM
  #22  
StarBiker
Senior Member
 
StarBiker's Avatar
 
Join Date: Feb 2009
Posts: 1,644

Bikes: Gary Fisher Cobia, Cannondale Super V400, Cannondale F700

Mentioned: 7 Post(s)
Tagged: 0 Thread(s)
Quoted: 666 Post(s)
Liked 47 Times in 46 Posts
Originally Posted by wrk101 View Post
Basically little to no flip potential, unless you are in a red hot market.

its incredible how low a price you have to pay to prosper on flips. Maybe $75 on this bike. I bought an Expert model last year for $40. Master is better, but not a lot better.

part outs are lower risk. If you know parts values it’s easy to estimate profit. No tire kickers, no low ballers, no money on fresh consumables.
All of this.

Folks on here throw around purchase prices for flips that make me think how can they make money on that.
And outliers like the above poster in Portland are exactly that. They are not representative of realistic value.

Hell I was able to sell bikes with flat tires, and no upgrades in nice condition otherwise because of how hot the vintage market was a decade ago. Now? And I can't get the deals I could.

Last edited by StarBiker; 06-02-20 at 09:45 AM.
StarBiker is offline  
Likes For StarBiker:
Old 06-02-20, 11:11 AM
  #23  
sloar
Senior Member
 
Join Date: Sep 2008
Location: Elwood Indiana
Posts: 6,476

Bikes: they change so much I'm tired of updating this

Mentioned: 142 Post(s)
Tagged: 0 Thread(s)
Quoted: 893 Post(s)
Likes: 0
Liked 183 Times in 94 Posts
I flip bikes all the time as a hobby, honestly I really don't care about the margin. I love finding old bikes, making them pretty and ridable and selling them at good prices. I like keeping these vintage bikes on the road and selling nice classic road bikes to people looking for something cheap and ready to ride. Sometimes I make a little bit sometimes I just break even, but I love doing it.
sloar is offline  
Likes For sloar:
Old 06-04-20, 07:27 PM
  #24  
ramzilla
Senior Member
 
ramzilla's Avatar
 
Join Date: Dec 2014
Location: Fernandina Beach FL
Posts: 3,298

Bikes: Vintage Japanese Bicycles, Tange, Ishiwata, Kuwahara

Mentioned: 20 Post(s)
Tagged: 0 Thread(s)
Quoted: 634 Post(s)
Liked 211 Times in 169 Posts

"Before" picture. Don't have any after pictures yet. But, it's finished. And, all it needs now is a new home. That's it. That's all. Done deal.
ramzilla is offline  
Likes For ramzilla:
Old 06-04-20, 09:26 PM
  #25  
zukahn1 
Senior Member
 
zukahn1's Avatar
 
Join Date: Oct 2011
Location: Fairplay Co
Posts: 7,890

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: 21 Post(s)
Tagged: 1 Thread(s)
Quoted: 421 Post(s)
Liked 136 Times in 101 Posts
Change the seat even if a it's the cheapest SSO seat shapedwd opject you can find.
zukahn1 is offline  
Likes For zukahn1:

Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

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