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Vintage Olmo?

Old 06-14-07, 09:08 AM
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bezee
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Vintage Olmo?

Hello all, I would appreciate some help in figuring out any info on this bike. All i know is that it was my uncles bike and may have only been rode a few times if that. All i can remember is him talking about the gold pieces on the bike were 24k, but I dunno if he was just kidding me. But the bike has been sitting in storage the last 20 years and Im gonna need to get rid of it so i was trying to see if it would be worth anything. I think it was purchased in the mid to lates 70's. Any help would be much appreciated, Thanks!!









 
Old 06-14-07, 09:17 AM
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Oh yeah, it's definitely worth something...Looks like it could be a special build for a show, and those gold bits might be real gold plating since they are steel (at least the ones I can ID). The short Campy dropouts may place it around '76 at earliest...is there a "patent XX" date on the top of the Rear Derailleur? Old Phil Wood hubs? It's a sweet one, for sure...
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Old 06-14-07, 09:46 AM
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That is an early Super Record rear derailleur and Cinelli aero stem without the flying C logo. The dropouts are short but do not have the Porta Catena screw holes so I would think it is 76/77. The parts ARE plated and I would agree with the unworthy1 that it was probably a show piece. VERY COOL!!
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Old 06-14-07, 09:47 AM
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Ok really....well I dont know anything at all about bikes so bear with me, but I did see the name "Phil" in the middle of the hub. Where is the Rear Derailleur so i can see if there is a patent #? Also in your opinion would it be worth it to try and have it serviced before attempting to sell?
 
Old 06-14-07, 10:19 AM
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This one is the rear derailleur.
People who buy bikes like this tend to like to do the restoration themselves, definitely wipe off as much grime as you can for the photos.
Let us help you write the eBay ad, but I don't have any idea how much it would be worth - definitely collectable.

Originally Posted by bezee

Last edited by DiabloScott; 06-14-07 at 10:38 AM.
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Old 06-14-07, 10:33 AM
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WOW! I cant believe i had this sitting around all these years thinking it may be worth nothing. I would definetly appreciate the help but i also wanna do more research to try and determine the value of it. I know it would be hard to determine but does anyone have an idea on how i could because again I know nothing about bicycles?
 
Old 06-14-07, 10:33 AM
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bezee,

Where are you located? The bike is definitely valuable. You should have it looked at by a competent shop that has experience with older bicycles. There may be a knowledgeable forum member near you.

Personally I would keep it if it were mine. The value will only continue to go up.

Whatever you do, don't sell it to the first person that offers you a few hundred for it, restored it could be worth a few thousand, I would guess.
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Old 06-14-07, 10:38 AM
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Well I would definetly like to get a better idea of the value......Im actually located in New York on Long Island. Can any one maybe recommend a competent shop that has experience with older bicycles in my area or close?
 
Old 06-14-07, 10:38 AM
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I'll give you $200 for it.
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Old 06-14-07, 10:40 AM
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Originally Posted by mparker326
I'll give you $200 for it.
I bet
 
Old 06-14-07, 10:47 AM
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If you are intent on selling, I would fix it up and send it to eBay. A lot of us do buy bikes in 'rough' condition, but we don't pay top dollar for them either. It may cost a couple hundred to have it properly serviced by a shop, but you will recoup that easily if you do your auction well.
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Old 06-14-07, 11:12 AM
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bezee,

Take the bike to Jamie Swann at Centerport Cycles in Northport.
https://centerportcycles.com/index.html

he specializes in classic bikes.

Marty
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Old 06-14-07, 11:29 AM
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Originally Posted by lotek
bezee,

Take the bike to Jamie Swann at Centerport Cycles in Northport.
https://centerportcycles.com/index.html

he specializes in classic bikes.

Marty
Thanks! I will check him out.
 
Old 06-14-07, 12:54 PM
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Bezee, if you are going to sell it for the best money then don't change out ANYTHING!!! Clean, lubricate and adjust ONLY. The money is in the Patina, and if you put on new bar tape and change the saddle you will lose some dough.

That being said, OLMO is NOT a marque that brings in the big money, although they are nice bikes and yours in particular is SWEET!

Take your time, do your research, Uncles history, old pictures, store it came from etc....

vjp
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Old 06-14-07, 01:00 PM
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Right...Phil Wood Hubs, Bullseye Pulleys, Drilled brake levers, the gold bits....

I would just wipe it down, don't remove ANYTHING, put the chain on and that is it! It is a time capsule HOT ROD with all the cool stuff.
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Old 06-14-07, 01:06 PM
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Originally Posted by vjp
Right...Phil Wood Hubs, Bullseye Pulleys, Drilled brake levers, the gold bits....

I would just wipe it down, don't remove ANYTHING, put the chain on and that is it! It is a time capsule HOT ROD with all the cool stuff.
I agree completely with vjp and ebay is pretty much the best way to handle selling this bike. The rear derailleur would probably bring $300US alone. I would say you should feel confident in starting the bidding low and letting the bidders do the work. I would estimate this bike sells for over $2000.
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Old 06-14-07, 01:08 PM
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Originally Posted by vjp
Bezee, if you are going to sell it for the best money then don't change out ANYTHING!!! Clean, lubricate and adjust ONLY. The money is in the Patina, and if you put on new bar tape and change the saddle you will lose some dough.

That being said, OLMO is NOT a marque that brings in the big money, although they are nice bikes and yours in particular is SWEET!

Take your time, do your research, Uncles history, old pictures, store it came from etc....

vjp
+1 on that
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Old 06-14-07, 01:15 PM
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oh man, it's got scott mathauser pads and check the gold screwed on master link. This is a very very special bike. It's got the best of everything. I am curious if the seatpost is early SR two bolt... and the cables are original campagnolo too! I have a set of them but they are all way to short for my bike.
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Old 06-14-07, 01:49 PM
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I meant to add a BIG warning about cleaning, some cleaners like Simple Green can remove that plating before you realize what is happening. WD40 on soft clean rags is good for a wipe down, but also be careful around the decals.
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Old 06-14-07, 01:51 PM
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It still has the mold "flash" on the tires, it probably WAS only ridden a couple of times if they are original.
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Old 06-14-07, 05:15 PM
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Originally Posted by vjp
It still has the mold "flash" on the tires, it probably WAS only ridden a couple of times if they are original.
Yes it probably was only ridden a few times if at all. As far as i remember I only saw it displayed on my uncles wall in the living room as if it were a trophy. But with all this good info im gettin now i guess it was sumthing like one huh...
 
Old 06-14-07, 05:15 PM
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Originally Posted by vjp
I meant to add a BIG warning about cleaning, some cleaners like Simple Green can remove that plating before you realize what is happening. WD40 on soft clean rags is good for a wipe down, but also be careful around the decals.
Damn you make me scared to touch the bike now lol.
 
Old 06-14-07, 05:16 PM
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Originally Posted by bezee
Yes it probably was only ridden a few times if at all. As far as i remember I only saw it displayed on my uncles wall in the living room as if it were a trophy. But with all this good info im gettin now i guess it was sumthing like one huh...
definitely a trophy.
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Old 06-14-07, 05:20 PM
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Originally Posted by cyclotoine
oh man, it's got scott mathauser pads and check the gold screwed on master link. This is a very very special bike. It's got the best of everything. I am curious if the seatpost is early SR two bolt... and the cables are original campagnolo too! I have a set of them but they are all way to short for my bike.
I wish i was knowledgeable about the things you say the bike has but it doesnt surprise me because my uncle, who was the owner of the bike, was the kind of guy that only bought the best of everything. So for him im betting it was a show piece because the thought of him on a bike wouldnt seem likely...
 
Old 06-14-07, 05:32 PM
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Originally Posted by cyclotoine
I am curious if the seatpost is early SR two bolt... .
Heres a pic I just took of the seat post....is it what you thought it was?

 

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