I have a Peugeot with a PHLE1062 marking on it.
It's a Carbolite 103 frame.
Any idea on the age, and if I can throw a set of 700cc's on this thing?
Also desirability of this bike?

Pictures? Never heard of a PHLE1062 specifically but I bet the Peugeot-philes here can enlighten us. Carbolite 103 is nothing special for tubing but that doesn't mean it's a bad bike. Where are the brake pads in relation to the slots on the calipers? Do they look like they can go down 4mm? A 700C is 4mm shorter in radius than a 27". Sometimes it works, sometimes you need long reach brakes.

Roadie, thats would be a PH10LE 62cm.

Its probably an '84. PH10's used 700c wheels beginning in '87. As Kommisar89 said, maybe, as it depends on brake reach.

Pics would be appreciated.

You can visit this site as well: www.cyclespeugeot.com

Carbolite is just plain high carbon steel. No vintage value whatsoever in terms of it being a classic vintage road bike, but still, nothing wrong with having a rideable Peugeot from that era. Peugeot was still making entry-level road bikes plus most of their assorted lower end mountain bikes, hybrids and cruisers with what they called Carbolite well into the late 1990's. I think it would make a fine every day ride. I used to have a Peugeot Chrono road bike made with that steel. I like my finer road bike now, but to be honest, I could never tell that much difference in the actual ride from one steel to the next, except that it was heavier.

Every PH10 I've seen has an HLE frame, and Carbolite forks. Check above the shifters on the down tube?,,,,BD

BD....PH10's used 103 tubing in '84
Longfemur....the last year for Carbolite 103 on a French made Peugeot for U.S distribution was 1986.

I know the made-in-France ones stopped being imported earlier. Carbolite and the smooth, internally-lugged steel framed Peugeots carried on in the Quebec-based operation almost into the 21st century (not sure exactly when the actual Peugeot name was dropped at that point, but the same frames continued under other names such as Mikado, Oryx, Miele, after the end of the French connection. The Carbolite name had a long life. For those who aren't familiar with them, those were all very good-looking frames. No visible joint of any kind between tubes, no welds, nothing. Almost like a super fine fillet-brazed frame, but better. There was even a "Carbolite Plus", which as far as I could tell, was the same but with a much nicer, clear-coated paint job.

1978 Procycle signs liscensing deal with Peugeot of France for the Production and distribution of Peugeot bicycles in Canada

1983 Some Procycles models exported to the U.S. through Peugeot of Frances distributor/dealer network (not good bikes)

1988 Peugeot of France tranfers DBS (direct brazing system) (no lugs) technology to Procycle

1990 Peugeot of Frances last year in the U.S.

1991 Peugeot of France signs 10 year deal with Procycle for North American rights to the Peugeot name.
During this time Peugeot dealers in the U.S were selling Velo Sports (low end), Peugeots, and Oryx (higher end) bikes. All 3 makes were constructed with Peugeots of Frances licsensed DBS technology.

2001 Peugeot of France doesnt renew Procycles liscence. North American Peugeot production is finished. Procycles acquires Miele at this time.

What I didnt like about the Procycle era was their ISS (I.... Sizing system) with 400, 450, 500 and 550 mm frame sizes. It's tough selling a 400 or 450 to guy when the frames look like mixtes and the 550's looked wierd with thier 'rising' top tubes,

Thanks gang,
I'll try to get some pics up here.

I think it's an 84. The first number in the serial number is 4, (even though there are only 7 numbers in the serial).
You guys all rock.