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80's Peugeot - How much should I pay?

Old 11-15-14, 12:34 AM
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peugeot.ash
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80's Peugeot - How much should I pay?

This peugeot is up for sale on my local auction website. the owner claims to have very little knowledge of bikes and to my (inexperienced) eyes this looks like it was a reasonably high end racer. Maybe a PX? It is currently on a very low bid but I am not sure how much I should pay. I quite need a new project as I have just finished my second vintage(ish) resto bike and my hands are far too clean!

Downsides include a very nasty looking ding that I am concerned may make the frame a write-off and generally a poor looking condition. But that's the whole point of resto, right?

Would much appreciated help identifying and advice whether I shouldn't be touching this bike even with a barge pole....
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Old 11-15-14, 01:36 AM
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The bike is good only to part out. That dent in the top tube is large enough to compromise the integrity of the frame IMO.
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Old 11-15-14, 04:46 AM
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IMHO the dent doesn't compromise the frame's integrity.

In good condition a bike like that, a PSN-10, would go for somewhere in the $300-400 range. The dent alone knocks that down by 50%, other condition issues knock it down even more.

Personally, if it was my size, I wouldn't pay more than $100.
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Old 11-15-14, 05:18 AM
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IMHO the dent doesn't compromise the frame's integrity.

In good condition a bike like that, a PSN-10, would go for somewhere in the $300-400 range. The dent alone knocks that down by 50%, other condition issues knock it down even more.

Personally, if it was my size, I wouldn't pay more than $100.
Yes and no about the frame set's structural integrity. The top tube is much much weaker, with the dent, but the tube will not fail due to riding the bike. That dent, however, destroys the monetary value of the frame set completely in most people's minds. That said...

$100 tops, but $50 is all I would pay. The value there, now lies in the component group only. My opinion, of course.
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Old 11-15-14, 07:18 AM
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A rusted dent? Time to retire the frame. Wheelset if not tubular, fork, Simplex RD, other bits are worth some quid.
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Old 11-15-14, 07:49 AM
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What is the frame? Is it straight or DB? ChroMo or HiTen?

It may be rideable bit considering the rust it likely needs a full overhaul, despite the flippers new cables. I agree that for a "rider" no more $80 to 100 if that.

If you search around the shops near you they may have a set of frame blocks and possibly the knowledge to use them. That might make the frame look better but may not improve structural integrity
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Old 11-15-14, 08:35 AM
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Thats a nice bike alright. Really difficult color to match. If you wanted to fix the dent, you could fill with bondo, but the color is tricky and metallic. A piece of colorful tape my be enough to put it out of sight. As a rider, man that would be a super bike.

When I was a kid, just getting into racing, a rider from the then Soviet Union came to the Northbrook bike track. It was probably in '76 as the Olympics were in Montreal that year. No one could touch this guy, he had a sprint that was vicious. The bike he was riding was really something. Talk about patina! It was a Cinelli track bike. About 80% of the paint was missing, and dents galore. A bike can take a lot of abuse and still be totally functional.
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Old 11-15-14, 08:53 AM
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I'd pay up to $100 and then either ride it or part it out. The quill seatpost is worth something, as is the Stronglight crank and the derailleurs. The fork too, if unrusted.

If I were keeping it to ride, I would fill the dent and touch up paint. With model (hobby) paint you might be able to mix up a decent match. The dent is just too ugly to leave alone.
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Old 11-15-14, 02:55 PM
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Originally Posted by Bianchigirll View Post
What is the frame? Is it straight or DB? ChroMo or HiTen?
integrity
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Originally Posted by jyl View Post
I'd pay up to $100 and then either ride it or part it out. The quill seatpost is worth something, as is the Stronglight crank and the derailleurs. The fork too, if unrusted.

If I were keeping it to ride, I would fill the dent and touch up paint. With model (hobby) paint you might be able to mix up a decent match. The dent is just too ugly to leave alone.

And the Modolo brakes have value.
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Old 11-15-14, 04:54 PM
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Offer $80 to $100 and see what happens. The dent is obviously a great bargaining point. Nice rider potential. Maybe you could fill and then use a matching orange and create a complementary accent detail over the repair.
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Old 11-15-14, 07:22 PM
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Originally Posted by oddjob2 View Post
A rusted dent? Time to retire the frame. Wheelset if not tubular, fork, Simplex RD, other bits are worth some quid.
+10

That dent is quite deep...and rusted...time to let the frame go...but...the other bits are quite good...$50 is tops...
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Old 11-15-14, 11:55 PM
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Thanks all for your comments and advice. I'm glad my initial impression that this once was a high end bike proved correct. Can anyone help me with an approximate year? I have looked at the '81, '83 and '85 catalogs and cant seem to find a PSN10.

Originally Posted by randyjawa View Post
Yes and no about the frame set's structural integrity. The top tube is much much weaker, with the dent, but the tube will not fail due to riding the bike. That dent, however, destroys the monetary value of the frame set completely in most people's minds. That said...

$100 tops, but $50 is all I would pay. The value there, now lies in the component group only. My opinion, of course.
I unfortunately havn't been able to see the bike in person as it is on an auction website and the current bid stands at $20. The ding is the main thing I am concerned about, it is obviously significant enough to be dividing opinion whether it is safe to ride or not. I think I'm going to bid up to a max of $50 but maybe I'll get it for $21! I'll definitely be able to make something from that!
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Old 11-16-14, 12:55 AM
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I don't think you'll do wrong at $50, the parts are worth more than that. I would not ride that frame however; it is much more than just dented, it appears partially crimped and combined with the corrosion of unknown extent, the tube could fail unexpectedly.
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Old 11-16-14, 01:17 AM
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I walk away from dents. And that's a big ugly one.

The seller is the one who is suppose to try to "sell" the bike to you. Once you start "selling yourself" on a bike... your not working in your own best interest.
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Old 11-16-14, 07:24 AM
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Originally Posted by Dave Cutter View Post
I walk away from dents. And that's a big ugly one.

The seller is the one who is suppose to try to "sell" the bike to you. Once you start "selling yourself" on a bike... your not working in your own best interest.
+10...what an excellent point about selling yourself. And it does sound like the OP is trying to sell themselves on a bike. Every time I have "sold" myself...I regretted it!
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Old 11-16-14, 09:40 AM
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Looks like a nice super vitus peugeot. I'd pay 100 for it, as the seat post itself goes for 40-50.

As for top tube, has there ever been a documented top tube catastrophic failure? All I could find was report of cracks, but not actual catastrophic failures.
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Old 11-20-14, 09:55 PM
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Originally Posted by Dave Cutter View Post
I walk away from dents. And that's a big ugly one.

The seller is the one who is suppose to try to "sell" the bike to you. Once you start "selling yourself" on a bike... your not working in your own best interest.
Thanks great advice, the bike went for over $80 in the end so I think i dodged a bullet with a massive ding in the top tube!
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