Using the governmen CPI calculator a $500 bike in 1972 would be $2500 now. I would note though that for many items it's calculations are way under actial price increases we have seen.

In 1972 I bought a new Porsche 911T for $7500. Price the cheapest 911 today. The same is true for most cars. Increases have been much more than government CPI figures would indicate.

Much the same is true for bicycles and I suspect that a good part of the price increase has been due to the Dollar decreasing in value compared to other major currencies.

{Gruppo Bici N.A. is also planning to prepare vintage framesets under Bianchi, Coppi, Frejus, Ganna, Giardengo, Gloria and Legnano with consumer-supplied graphics; the company is pursuing license agreements with these companies.}

I was just skiming that article. this seems interesting you can have these brand names placed on a noname frame for 2000$ not a bad deal. I think they should just offer to to put the consumers name on it a brand/model
"Family_Belly" brand bikes LOL

:lolsps:

Nah, I think I'll stick with the real deal :):

http://gallery.me.com/rockyshores/10...12522094680007

Your Bianchi is downright beautiful... :thumb:

...simple timeless classic elegance.

It's no wonder they're trying to sell "copies". ;)


Greg

Most nice framesets in the early 70's were in the area of $400 if my memory serves correctly. Some were a little less and some were a little higher. I believe a Paramount was around $375 in the late 60 's but took a big price jump in the early 70's. I think the Paramount tandom was $450 to 475. This was still a lot of money. GM skilled trades were making about $4 an hour.

2010 Merckx frames.

http://lh5.ggpht.com/_Co2YP8j6Xks/Sp...w/P1050724.JPG

Thanks Greg. She rides like million bucks, too.:)

Just to add to the mix: According to a 1975 Masi catalog suggested retail for a Reynolds 531 frame and fork was $345; Columbus was extra. So your memory serves you well, dit.

As an aside, the suggested retail for a full Super Record equipped Reynolds 531 Masi Gran Criterium was $1095.

stan

that is a beautiful Bianchi the chrome details are very nice.