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.

1983 Panasonic DX4000

Old 12-19-11, 05:28 AM
  #1  
reelfishin
Senior Member
Thread Starter
 
Join Date: Jan 2008
Posts: 94
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 3 Post(s)
Likes: 0
Liked 1 Time in 1 Post
1983 Panasonic DX4000

I've been thinking of letting my 83 Panasonic DX4000 go.
Its in great shape and has been well cared for over the years. the paint is in great condition, perfect wheelset, Suntour Cyclone derailleurs, Suntour Winner freewheel, Suntour barcons, and new Michelin tires.

The bike was gone through about two years ago, new old stock parts were used to bring it back to original condition, the only exception was the tires and bar tape.
The original tires were Panaracer brand tan skinwalls, I preferred the look of an all black Michelin tire. The original bar tape was cloth, I used a padded modern tape for comfort.

The bike needs nothing, it was completely disassembled and rebuilt using all new bearings and modern grease. The derailleurs are original, the freewheel and chain is new.
The frame is 26" and labeled Champion #2.
It's a tall bike, probably too tall to ship due to it's size. It was by far my favorite bike back in the day, light, nimble, and comfortable to ride.

I've owned this bike since it was about a year old. It spent most of the past 25 years in storage. I rode it a lot back when it was new but have never found the time to ride it since the rebuild. Its just been hanging in the closet upstairs. I have far too many bikes and was thinking about thinning them out a bit, starting with those that are just sitting around. (A pair of bad knees are keeping me away from any serious cycling these days).

Any idea what this should sell for?

https://i42.tinypic.com/353ehie.jpg
reelfishin is offline  
Old 12-19-11, 06:44 AM
  #2  
wrk101
Thrifty Bill
 
wrk101's Avatar
 
Join Date: Jan 2008
Location: Mountains of Western NC
Posts: 22,599

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

Mentioned: 79 Post(s)
Tagged: 0 Thread(s)
Quoted: 904 Post(s)
Liked 309 Times in 231 Posts
Where are you located? Selling a bike this large is very difficult. Hopefully you are in a large metro area.

The good news is while buyers that size are scarce, bikes that size are scarce as well. So its a matter of finding a buyer tall enough for the bike. Once you do, at the right price, it will go fast.

I had two XXL bikes, took a year to sell the first one. The second one sold two days later. That's the challenge of selling locally. You never know when a potential buyer is going to be looking.

Last edited by wrk101; 12-19-11 at 10:50 AM.
wrk101 is offline  
Old 12-19-11, 10:10 AM
  #3  
sauze
Senior Member
 
sauze's Avatar
 
Join Date: May 2010
Location: Winnipeg
Posts: 950
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 7 Post(s)
Liked 3 Times in 3 Posts
hopefully in Winnipeg
sauze is offline  
Old 12-20-11, 12:45 AM
  #4  
reelfishin
Senior Member
Thread Starter
 
Join Date: Jan 2008
Posts: 94
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 3 Post(s)
Likes: 0
Liked 1 Time in 1 Post
I'm in NJ. Every bike I have is this size.
Its size makes shipping all but out of the question.
Large bikes are a hard to find item here, most are very small frames.
Bikes don't sell well here at all, but that don't mean mine is worth any less.
If I don't get what I feel is a fair price, then it won't be sold.
The way I see it, this bike sold for somewhere in the $530 to $599 price range when new, I still have the original receipt for it somewhere, it was bought up in northern NJ. The guy I bought it from bought it for his son, who took the bike all apart about a month after buying it, and rebuilt it as a single speed back when it was new. I bought it with all the original parts and put it back to original back then. I rode is some but never as much as some of my other bikes. Its got maybe a thousand miles on it from back in the day.
I wouldn't let it go for a penny less than $400, if not I guess I'd part it out. The bike is real sharp looking and has a classy look to it. I believe these were third in that year's line up from the top.
reelfishin is offline  
Old 12-20-11, 01:09 AM
  #5  
FastJake
Constant tinkerer
 
FastJake's Avatar
 
Join Date: May 2010
Location: Wisconsin
Posts: 7,848
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 135 Post(s)
Liked 51 Times in 42 Posts
It's a nice bike but I wouldn't see it for selling for much more than $300 at least around here, regardless of size. I'd really be surprised if you got $400 for it even in such excellent condition. Not many vintage bikes go that high, only the few very rare ones. It obviously means a lot to you so I'd probably just keep it.

Originally Posted by reelfishin View Post
Large bikes are a hard to find item here, most are very small frames.
Bikes don't sell well here at all, but that don't mean mine is worth any less.
You should populate the rest of the country with those small bikes, as they are impossible to find elsewhere. Very large bikes are more rare than the medium sizes, but almost certainly less rare than the very smallest sizes.

For some reason the market decided that small bikes sell for the most and large bikes sell for the least. I'm not sure why, but that's just the way things are.
FastJake is offline  
Old 12-20-11, 04:54 AM
  #6  
randyjawa 
Senior Member
 
randyjawa's Avatar
 
Join Date: Apr 2007
Location: Thunder Bay, Ontario, Canada - burrrrr!
Posts: 10,454

Bikes: 1958 Rabeneick 120D, 1968 Legnano Gran Premio, 196? Torpado Professional, 2000 Marinoni Piuma

Mentioned: 179 Post(s)
Tagged: 0 Thread(s)
Quoted: 985 Post(s)
Likes: 0
Liked 661 Times in 417 Posts
Vintage Bicycle Value depends on many things, some of which really have nothing to do with the bicycle, itself.

First, I agree with the large frame and difficult to sell concern. The OP's bike will have a very small market to target but he just might get lucky and find a buyer - but not now! Time of year helps to dictate what a bicycle is worth. Bikes, even vintage ones, are worth less in the Fall and Winter. Needless to say, the value jumps with the approach of Spring and riding season.

Parting the bicycle out will not help to reach the OP's $400.00 target. I would keep the bike in one piece, list it on Craigslist for what I want now, but be prepared to wait until Spring to get best buck.

Hope that is a help and, by the way, nice bicycle.
__________________
"98% of the bikes I buy are projects".
randyjawa is offline  
Old 12-20-11, 08:13 AM
  #7  
wrk101
Thrifty Bill
 
wrk101's Avatar
 
Join Date: Jan 2008
Location: Mountains of Western NC
Posts: 22,599

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

Mentioned: 79 Post(s)
Tagged: 0 Thread(s)
Quoted: 904 Post(s)
Liked 309 Times in 231 Posts
+1 Around here, it wouldn't bring $400, parting out won't get you there either. It would sell for around $250 here and take a while to get there.

$400 here gets you top of the line.

Market will decide what the bike is worth, not folks on the internet like me.

Last edited by wrk101; 12-20-11 at 08:21 AM.
wrk101 is offline  
Old 12-20-11, 12:02 PM
  #8  
kc0yef 
Senior Member
 
kc0yef's Avatar
 
Join Date: Aug 2011
Location: OZARKS
Posts: 1,443
Mentioned: 4 Post(s)
Tagged: 0 Thread(s)
Quoted: 93 Post(s)
Liked 6 Times in 6 Posts
see this thread
https://www.bikeforums.net/showthread...asonic-DX-4000
kc0yef is offline  
Old 12-23-11, 07:55 AM
  #9  
vintagebicycle
Senior Member
 
Join Date: Jan 2004
Posts: 255
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 45 Post(s)
Liked 30 Times in 23 Posts
I have the same bike, I agree with the $400 value but I think it would be a hard sell in today's economy.
Advertise it in the nearest metro area, maybe Philly or NYC, which ever is closer.
That's a sharp looking bike with an all Tange #2 frameset and they're not that easy to find these days.
Yours looks to be in super nice shape which to me puts it a step above the average old road bike.
I recently sold a similarly equipped bike by another brand for $350 in the Philly area, it was a little better equipped but it also wasn't a Panasonic.
The brand alone makes a big difference. From what I find, Panasonic is one of the easiest brands to sell, they were well known and have a good following.
For whatever reason, winter seems to be the best time to sell old road bikes for me, I rarely get any replies to CL ads in the spring or summer.
My thoughts were that more people are inside on their computer during the winter.
vintagebicycle is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Ct03911
Classic and Vintage Bicycles: Whats it Worth? Appraisals.
3
07-27-16 07:58 AM
tony222
Classic & Vintage
10
09-03-15 07:48 PM
Juan Foote
Classic and Vintage Bicycles: Whats it Worth? Appraisals.
11
11-20-11 09:00 PM
monsterpile
Road Cycling
11
02-16-11 09:12 AM
EjustE
Classic and Vintage Bicycles: Whats it Worth? Appraisals.
8
02-21-10 12:58 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 - Do Not Sell My Personal Information -

Copyright 2021 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.