Has California Eroica increased vintage bike values
#1
Senior Member
Thread Starter
Has California Eroica increased vintage bike values
I now see so many ads in craigslist mentioning their offering is Eroica permissible that it makes me wonder if this event has increased the value of vintage road bikes. I know that there are many here that can't stand the event but perhaps they should recognize it creates interest in our vintage sport and an increased value for their bikes.
Last edited by madscrambler; 05-07-16 at 03:07 PM. Reason: Spelling
#3
Senior Member
Join Date: Jun 2006
Posts: 17,430
Mentioned: 113 Post(s)
Tagged: 0 Thread(s)
Quoted: 2399 Post(s)
Liked 1,314 Times
in
993 Posts
Sellers are hoping. Too soon to tell. If the California event doubles or triples in size then there may be some effect. Better chance that demand for suitable components will be increased, and might have already a small amount.
#5
Senior Member
Join Date: Mar 2007
Location: SF Bay Area, East bay
Posts: 7,443
Bikes: Marinoni, Kestral 200 2002 Trek 5200, KHS Flite, Koga Miyata, Schwinn Spitfire 5, Schwinn Speedster, Mondia Special, Univega Alpina, Miyata team Ti, MB3
Mentioned: 44 Post(s)
Tagged: 0 Thread(s)
Quoted: 1179 Post(s)
Liked 1,090 Times
in
628 Posts
If not the value, at least the interest.
#7
Gone riding
Join Date: Jul 2009
Posts: 11,584
Mentioned: 240 Post(s)
Tagged: 0 Thread(s)
Quoted: 2162 Post(s)
Liked 3,192 Times
in
1,156 Posts
DD
#8
Senior Member
Join Date: Apr 2012
Location: Middle Earth (aka IA)
Posts: 19,357
Bikes: A bunch of old bikes and a few new ones
Mentioned: 168 Post(s)
Tagged: 0 Thread(s)
Quoted: 5438 Post(s)
Liked 2,278 Times
in
1,476 Posts
I think that the value of long cage vintage derailleurs has gone up . . . .
Last edited by bikemig; 05-08-16 at 10:12 AM.
#9
Senior Member
Join Date: Dec 2005
Posts: 15,671
Mentioned: 402 Post(s)
Tagged: 0 Thread(s)
Quoted: 2956 Post(s)
Liked 3,691 Times
in
1,649 Posts
Yes, now is the time to SELL SELL SELL! AND DON'T FORGET TO USE ALL CAPS IN YOUR AD! L@@K!!!!!!!
#10
Senior Member
Join Date: Jul 2006
Location: STP
Posts: 15,204
Mentioned: 71 Post(s)
Tagged: 0 Thread(s)
Quoted: 814 Post(s)
Liked 222 Times
in
129 Posts
Agreed.
I've sold most of mine at this point anyway.
FWIW Won't sell the McLean, but I've received some zany offers for that bike.
BTW Anyone holding a vintage Marnati frameset with say, a 58cm top tube?
I'm quite serious.
I've sold most of mine at this point anyway.
FWIW Won't sell the McLean, but I've received some zany offers for that bike.
BTW Anyone holding a vintage Marnati frameset with say, a 58cm top tube?
I'm quite serious.
#11
aka: Dr. Cannondale
Join Date: Jul 2009
Posts: 6,982
Bikes: Bob Jackson, Wizard, Pegoretti Duende, Merckx ProSLX, Pelizzoli, Cannondale ST, Schwinn Tempo, Davidson Sport Custom, Canyon Endurace, Richard Sachs, Davidson Discovery
Mentioned: 197 Post(s)
Tagged: 0 Thread(s)
Quoted: 1748 Post(s)
Liked 1,700 Times
in
697 Posts
I would say...not.
Don't believe that L'Eroica has yet pulled many new rider/owners into the fold, and the current group of owners, as we all know, are tight as ticks when it comes to cash outlay. Certainly possible that if the event in CA in particular gets larger, there could be a greater demand for good vintage equipment. On the other hand, CA has a whole lot of that stuff already.
Didn't find that many people at this year's event who came from someplace other than the left coast, so not surprising that prices here on the east coast have not really been affected.
Don't believe that L'Eroica has yet pulled many new rider/owners into the fold, and the current group of owners, as we all know, are tight as ticks when it comes to cash outlay. Certainly possible that if the event in CA in particular gets larger, there could be a greater demand for good vintage equipment. On the other hand, CA has a whole lot of that stuff already.
Didn't find that many people at this year's event who came from someplace other than the left coast, so not surprising that prices here on the east coast have not really been affected.
__________________
Hard at work in the Secret Underground Laboratory...
Hard at work in the Secret Underground Laboratory...
#12
Senior Member
Join Date: Jul 2004
Location: northern michigan
Posts: 13,277
Bikes: '77 Colnago Super, '76 Fuji The Finest, '88 Cannondale Criterium, '86 Trek 760, '87 Miyata 712
Mentioned: 19 Post(s)
Tagged: 0 Thread(s)
Quoted: 652 Post(s)
Liked 538 Times
in
293 Posts
Surely not anywhere near my area. Most folk here may know an Erica but will look at you funny if you mention Eroica.
#13
Senior Member
Join Date: Sep 2014
Location: Irvine, CA
Posts: 611
Bikes: 1983 Trek 700, 1972 Peugeot PX10, 1989 Nishiki Cascade, 2014 Focus Izalco
Mentioned: 29 Post(s)
Tagged: 0 Thread(s)
Quoted: 140 Post(s)
Likes: 0
Liked 12 Times
in
11 Posts
There was definitely a run up in prices for certain items such as shirts and shoes before the event.
Many ads I saw were ridiculously inflated.
For example this $3300 PX-10 - which has not sold
https://losangeles.craigslist.org/ws...563166583.html
On the other hand these shoes would have likely gone for much more a month and a half ago
[h=2]DETTO PIETRO cycling shoes w/cleats 10.5 - $95
https://palmsprings.craigslist.org/bop/5544308993.html[/h]
I would agree with @rccardr that there is a lack of new collectors.
I just watched a ebay auction the other day for good condition Lyotard Marcel Berthet pedals go for the minimum ($30) - with only one bidder
Many ads I saw were ridiculously inflated.
For example this $3300 PX-10 - which has not sold
https://losangeles.craigslist.org/ws...563166583.html
On the other hand these shoes would have likely gone for much more a month and a half ago
[h=2]DETTO PIETRO cycling shoes w/cleats 10.5 - $95
https://palmsprings.craigslist.org/bop/5544308993.html[/h]
I would agree with @rccardr that there is a lack of new collectors.
I just watched a ebay auction the other day for good condition Lyotard Marcel Berthet pedals go for the minimum ($30) - with only one bidder
#14
Senior Member
There was some guy selling a Trek 600 on Craigslist a while back for $230 (?) A while back, after emailing questions, he replied saying that it was sold. Saw it back for 300 a bit later. Have noticed "Eroica" being used a bit more. Haven't seen a marked increase in pricing.
Hope they do, it might make manufacturers take notice, maybe start producing reliable vintage style parts and frames.
Hope they do, it might make manufacturers take notice, maybe start producing reliable vintage style parts and frames.
#15
Senior Member
Join Date: Oct 2012
Location: Berkeley CA
Posts: 2,243
Bikes: 1981 Ron Cooper, 1974 Cinelli Speciale Corsa, 2000 Gary Fisher Sugar 1, 1986 Miyata 710, 1982 Raleigh "International"
Mentioned: 85 Post(s)
Tagged: 0 Thread(s)
Quoted: 770 Post(s)
Liked 704 Times
in
309 Posts
The event had around 800 riders I believe. Most everyone I talked to was riding a bike they'd owned a long time (let's guess at 90%). So, that would leave maybe 80 riders from all over the country buying a bike shortly prior to Eroica. Doesn't seem like much of a market stimulus to me.
#16
Senior Member
Join Date: Nov 2014
Location: Eugene, Oregon, USA
Posts: 26,887
Mentioned: 213 Post(s)
Tagged: 0 Thread(s)
Quoted: 15756 Post(s)
Liked 3,172 Times
in
2,361 Posts
No doubt there is some local influence to the market. I'm not sure how much it spills over outside of California. Opportunistic local buyers?
Maybe it has a positive influence to low prices for non-Eroica compliant parts
Now, the Burning Man certainly influences the market weird stuff, even this far away
Maybe it has a positive influence to low prices for non-Eroica compliant parts

Now, the Burning Man certainly influences the market weird stuff, even this far away

#17
Friendship is Magic
Join Date: Nov 2010
Location: The Big Tomato
Posts: 20,568
Bikes: old ones
Mentioned: 292 Post(s)
Tagged: 0 Thread(s)
Quoted: 23367 Post(s)
Liked 6,781 Times
in
4,855 Posts
...all my recordings of Eroica are still about the same.
__________________
#18
Senior Member
#19
Senior Member
Join Date: Nov 2014
Location: Eugene, Oregon, USA
Posts: 26,887
Mentioned: 213 Post(s)
Tagged: 0 Thread(s)
Quoted: 15756 Post(s)
Liked 3,172 Times
in
2,361 Posts
For those people that actually own the vintage bikes, it may not be a bad thing.
I think they've been underpriced for some time, especially if one diverges from the big names like Colnago.
I think they've been underpriced for some time, especially if one diverges from the big names like Colnago.
#20
Senior Member
The event had around 800 riders I believe. Most everyone I talked to was riding a bike they'd owned a long time (let's guess at 90%). So, that would leave maybe 80 riders from all over the country buying a bike shortly prior to Eroica. Doesn't seem like much of a market stimulus to me.
#21
Senior Member
Join Date: Apr 2014
Posts: 386
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 49 Post(s)
Likes: 0
Liked 0 Times
in
0 Posts
Big names will always command premium prices. Just ask a woman why she pays $1600 for an LV, when a $150 bag from a smaller manufacturer has basically the same craftmanship. Same goes with sports cars. And designer watches. And jewellery. And the list goes on.
#22
Senior Member
Join Date: Nov 2011
Location: Port Angeles, WA
Posts: 7,909
Bikes: A green one, "Ragleigh," or something.
Mentioned: 189 Post(s)
Tagged: 0 Thread(s)
Quoted: 1586 Post(s)
Liked 503 Times
in
294 Posts
That's it exactly. Chicken --> Egg --> Omelette.
__________________
● 1971 Grandis SL ● 1972 Lambert Grand Prix frankenbike ● 1972 Raleigh Super Course fixie ● 1973 Nishiki Semi-Pro ● 1980 Apollo "Legnano" ● 1984 Peugeot Vagabond ● 1985 Shogun Prairie Breaker ● 1986 Merckx Super Corsa ● 1987 Schwinn Tempo ● 1988 Schwinn Voyageur ● 1989 Trek 400 ● 1989 Bottechia Team ADR replica ● 1990 Cannondale ST600 ● 1993 Technium RT600 ● 1996 Kona Lava Dome ●
● 1971 Grandis SL ● 1972 Lambert Grand Prix frankenbike ● 1972 Raleigh Super Course fixie ● 1973 Nishiki Semi-Pro ● 1980 Apollo "Legnano" ● 1984 Peugeot Vagabond ● 1985 Shogun Prairie Breaker ● 1986 Merckx Super Corsa ● 1987 Schwinn Tempo ● 1988 Schwinn Voyageur ● 1989 Trek 400 ● 1989 Bottechia Team ADR replica ● 1990 Cannondale ST600 ● 1993 Technium RT600 ● 1996 Kona Lava Dome ●
#23
Senior Member
Join Date: Aug 2011
Location: Santa Cruz, CA
Posts: 74
Bikes: 1993 Bridgestone RB-1, Bianchi M.U.S.S, 1992 GT Bravado
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 5 Post(s)
Likes: 0
Liked 0 Times
in
0 Posts
I live just a few hours north of the event and I think it had increased the price on Craigslist, but the bikes that include it as a buzzword usually are never selling. Overall it seems to be more or less the same, and obviously a really pristine vintage bike will always sell for a little bit more.
Although, it is funny that it seems to be a method to try and sell bikes. "Eroica ready Schwinn Varsity". Sure, why not?
Although, it is funny that it seems to be a method to try and sell bikes. "Eroica ready Schwinn Varsity". Sure, why not?
#24
Senior Member
Join Date: Nov 2014
Location: Eugene, Oregon, USA
Posts: 26,887
Mentioned: 213 Post(s)
Tagged: 0 Thread(s)
Quoted: 15756 Post(s)
Liked 3,172 Times
in
2,361 Posts
The event may be geared toward people who own old bikes. My bike just got old over the years as I also got older 
But, also over the years I've changed out a few parts, had some wear out or break and were upgraded. So now most of the bike has been changed out.
If I was to try a big Eroica event, there would be a major restoration in store. I.E. Scrambling to find old parts on E-Bay.
And, there are lots of people who collect more than one. So, renewing interest in vintage bikes (rather than always buying the latest plastic machine) could certainly effect the demand, and prices.

But, also over the years I've changed out a few parts, had some wear out or break and were upgraded. So now most of the bike has been changed out.
If I was to try a big Eroica event, there would be a major restoration in store. I.E. Scrambling to find old parts on E-Bay.
And, there are lots of people who collect more than one. So, renewing interest in vintage bikes (rather than always buying the latest plastic machine) could certainly effect the demand, and prices.