Collection Intervention?
 

I'm starting a separate thread on this EBAY listing. It should get interesting. :)



http://www.ebay.com/itm/320973544308...84.m1423.l2649

Tall guys are cheap, no bids will happen on ebay. The collection does not appear to have caught much dust, but they need an air pump, maybe a compressor, I think I would get tired after the 5th bike.

Now, if those bikes were 55-56 cm center to top... a much different story. A profit could be made.

I don't see anything in there worth a thousand bucks on its own. Half that price would be appropriate, and they'd be lucky to get a quarter from the bike shop that might be interested.

Joe Englert lives up in that part of California and buys everything. :p Hey Joe, whaddayuh think?

I'll repost what I wrote on the eBay thread:

So at $23,000 for 29 bikes, we're talking around $800/bike. If I'm buying a large number of bikes, I'm expecting a rather large discount over buying them individually...at least half off and maybe more. The market and demand is limited by people who can afford it, can facilitate transfer and who can store them. To me that means that the average bike has to be worth $1,600. Too many of these are $500 bikes (and lower) for this kind of asking price. Also note the large sizes.

I don't think he's getting that price separately. I'm not sure he's getting half of that price separately. There's hi-ten in htere...Shimano 600 and lower...no way these are $800 median value. Personally, I'd be willing to go around $4,000 for the lot.

At an average of $793 a bike to get to the bidding started, regardless of the frame size, I'd be surprised if it goes anywhere. The collection doesn't seem to justify the price...to me anyway...and there my size. I'll go crawl back under my rock now.

( What Aaron said, he types faster)

This is for local pickup. Other than putting them each in their own secure stand in a container and having a long-haul truck service tow it to you, how else would you safely ship a collection of this magnitude?

This reminded me to keep putting different size bikes into my collection.

You make some interesting points, but $4000!? You're just being controversial, right? There has to be a $1000 investment in packaging alone.

No - I'm not being controversial...I haven't done exact math here, but at a glance, I'm seeing an average value of around $500/bike, if not less - and I'd want to pay around a third of that for a bulk buy. Consider the difficulty and cost in moving and storing them...selling one by one...the ads. Maybe you could get me to $5,000. Maybe.

FYI - shipping is a cost the buyer will bare.

If he put these on eBay at $5,000, I'm not sure he'd get a buyer. The demand for this many bikes, in that size, is quite limited.

I'm frankly unimpressed with most of this collection...I think I have half as many bikes and that what I own is worth considerably more. I wouldn't expect that amount of money on a mass sale...for fewer bikes. Quality over quantity - this is quantity.

Well, KAS, at $5000 those bikes would sell so quickly your head would spin faster than Linda Blair's in the "Exorcist".

Maybe, I'm not so sure. I think you're over valuing what's there and not taking size into account. I usually knock off a third of a bike's value for that kind of size, plus I'll be sitting on it longer. There aren't many people who can pick up and store 29 bikes and with $5,000 to pay (plus shipping and storage costs).

There're a few gems in there. To get $23K on the street most would have to be parted out. If I lived local to him I bet I could make a 25% profit on a $15K offer.

Rough estimates after paying fees for eBay/paypal, also factoring in costs of claims/returns...not counting any replacement costs, labor, storage/shipping fees. Keep in mind he has limited photros and descriptions, so I have to skew a bit down and/or guess.

$550 #1 Kestrel 200SC #55165 All black, 61cm Carbon Frame, top tube 58cm. Speedlight Crank 175 Specialites chainrings 53/39, Front Brake Dura Ace center pull, rear brake diacomp side pull, Mavic mektronic Wireless electronic rear derailleur, 8spd, Mavic Pro Rims, carbon seatpost, Titanio saddle, Chris King Headset.
$375 #2 Bridgestone 600, White, 62cm 4130 chrome moly triple butted tubing, 57.5 top tube, Shimano hubs, brakes and 175cm crank, black Mavic rims, spd mtm pedals, moustache bars. Weight 24lbs est. Grant Petersen formed Rivendale after 94’.
$900 #3 Masi Gran Criterium , blue repaint, Frame 60cm 58 top tube, Campy gruppo, Cinelli IR Stem with 65 44bars, crank 175, g record retro shifters, Cobalto brakes, edco headset 6spd 2 chain rings.
$450 #4 Condor English Handmade, Black, Frame 62cm 58cm top tube, Reynolds 531, mavic ma2 rims, crank 175, Shimano gruppo, Brooks Leather saddle, Cinelli Bars leather griptape.
$325 #5 Nishiki Maxima, Red, made in Italy, Frame Columbus 60cm 58cm top tube, Suntour Gruppo, 175 crank, mavic reflex rims 7 spd two chain rings.
$1100 #6 Cinelli Super Corsa, Red, Columbus spx super butted frame 60cm with 58cm top tube, Campy Gruppo, mostly super record, 175 Crank, black Fiamme rims with sew up tires, Cinelli seat, bars and stem, 6spd 2 chain rings.
$700 #7 Dyna-Tech 900FS Raleigh, Oversize Titanium, Silver, Ventana Carbon Fork, Frame 61cm toptube 59cm Suntour 175 Cold Forged Crank, Dia Comp side pull, Shimano hubs, Chris King Head set, 7spd 3 chainrings Mavic ceramic sided rims.
$1,100 #8 Della Santa, White, Columbus spx super butted frame 62cm with 60cm top tube, Campy Crank 175, Campy Gruppo, C-record Aero Rear Derailleur, Campy Omega 19 Semi-aero rims, 7spd 2 chain rings.
$1,100 #9 Rivendale, Green, Frame Reynolds 60.5cm 60cm toptube, 175 Crank cold forged, Campy shifters, Brooks saddle, Cinelli bars, mavic rims, 8spd 3 chain rings Post Bridgestone 94’ Japan.
$450 #10 Invictus Miele (Canada) Black, 55cm Columbus SL tubing, 170 Crank, Shimano 600 Ultegra STI gruppo, Campy Omega 19 rims black, 8spd 2 chainrings Stock Weight 21.0lbs
$1,000 #11 Schwinn Paramount P15, Black, early 70s, Reynolds 531 Frame 62.5cm 59cm toptube, Cinelli bars and stem, Campy headset, Campy Gruppo, 170 crank, Campy rims, Brooks saddle.
$625 #12 Specialized Allez, Red 60cm Frame with 58cm toptube, Campy ergo shifters, 175 Crank, Suntour dura ace gruppo, Campy Omega 19 rims, Continental tires, 8spd 2 chain rings triple t bars and stem.
$550 #13 Condor (Grant Young) Red 531 Reynolds 62.5cm frame with 57cm toptube, 177.5 Crank, Campy Gruppo, Brooks Saddle, 7spd 2 chain rings, aero record crankset.
$275 #14 Motobecane Grand Record, White 62cm double butted Vitus Frame with 58cm toptube, 172.5 crank, shimano 600 Gruppo, 7spd 2 chainrings.
$1,100 #15 Rivendale, Purple, Reynolds 753 Frame 61cm with 60cm toptube, Crank 175 Duraace Gruppo, Suntour brakes, faux wood rims with sewups 7spd 2 chainrings.
$750 #16 Benotto, Black Columbus SP frame 62cm with 59.5cm top tube, 175 Crank, Campy Gruppo, Cobalto Brakes, 8sp 2 chainrings.
$125 #17 Panasonic DX2000 Handmade, Maroon, 1020 tubing 61cm, 170 crank, 5spd 2 chainrings.
$450 #18 Steve Rex, Red, Handmade Folding frame 62cm with 57cm toptube, Triple T bars and stem, Ritchey Logic Crank 175, Shimano gruppo, Dura ace hubs and brakes, Ceramic Matrix Rims, 8spd 2 chainrings.
$500 #19 Kelly, Red 61cm frame with 60.5 toptube, Fillet Brazed hanmade Frame, topline Crank 175mm, Mavic Electric Derailleur, Mavic Classic Pro Rims and Shimano Ultegra Brakes, 8spd with 2 chainrings.
$800 #20 Viner Special Corsa Professional, Orange Columbus frame at 62cm, Campy Gruppo Nuevo Record Panto Super record, Campy rims, 175mm Crank, Cinelli Seat stem and bars, 6spd 2 chainrings.
$400 #21 Pro Miyata, Light Blue, 62cm chrome moly, double butted frame with 57cm toptube. Aero seat stays, 172.5mm crank, Suntour Dura ace Gruppo, rare AX crank/pedals/seatpost.
$300 #22 Specialized Allez, Red, Chrome moly 56cm frame with 56cm toptube. 170cm crank, Shimano 600 gruppo mix??
$2,000 #23 Cinelli Supercorsa, Silver, Columbus frame late 70’s early 80’s, 59cm frame with 57cm toptube. 50[SUP]th[/SUP] anniversary Campy Gruppo, 172.5cm Crank, Cinelli VIP bar/stem, MINT.
$400 #24 Nishiki, Black Chrome moly 62cm frame with 57.5cm toptube. Suntour Dura Ace Gruppo, 175cm crank , clincher rims, Retro Friction shifters.
$425 #25 Bridgestone RB1, Yellow 61cm frame with 60.5cm toptube, 175cm crank, 8 speed, Shimano 600 Ultegra Gruppo, Mavic rims, 1990s.
$400 #26 Bridgestone Radar, Silver 59cm frame with 57.5cm toptube. Similar to Vitus, Mavic electric Derailleur, Mavic brakes.
$500 #27 Condor - Like Hetchins, Black 62.5cm with 58.5 toptube. Dura Ace Gruppo, 170cm crank, Rivendale lugged stem, Clincher rims, leather accessories.
$350 #28 Univega Gran Tech 6400, Aluminum, Silver 55cm frame with 55.5cm toptube. 175cm crank, Ultegra Gruppo 7spd.
$325 #29 Miyata 9-16, Blue 58cm frame with 58cm toptube. Ultegra Gruppo, with Sti, Campy clinchers, 172.5cm crank.

This one to...

#3 Masi Gran Criterium , blue repaint, Frame 60cm 58 top tube, Campy gruppo, Cinelli IR Stem with 65 44bars, crank 175, g record retro shifters, Cobalto brakes, edco headset 6spd 2 chain rings.

25% profit with a $15,000 investment doesn't seem too great a return for the work involved.

The Cinelli with Anniversary is the best of the bunch.

As a buyer none of that matters to you....

Maybe not but what I'm getting at is there's value in the collection at $15K.

I see there is a buy-it-now , better jump o this quick guys

If you're not reselling, that's true...but is anyone going to want all of these? Also - I think it's relevant when considering what these are worth to him individually. Obviously you want a discount for buying so many. I also want a discount for ads that don't describe what's there from sellers who aren't knowledgeable.

Better than I thought - I have my rough estimate on full on value at around $18,000 - or about $620/bike. I'd go $240/bike in bulk - or around $7,000.

There are a few nice bikes in there...the Cinelli stands out...the Della Santa...

Tall frames and long crank arms will surely negatively affect the final price and number of bidders on that lot.

They're ALL too big for me, so I have no interest at all!

The bikes are around my size. Frankly, I think my collection is far more interesting and bought for far, far less. And therein lies the problem: any collector of vintage bikes is going to be interested in one or two of these bikes, not the entire lot, and is going to work this out discount wise in his/her head. Not much that grabs me here-- the Cinelli and the Masi are grail bikes to many, but the Della Santa might be the most interesting thing to me, maybe one of the Condors. I can't see this selling; the real price would probably need to be about 10-15000 to make it profitable for a flipper. Maybe lower, as us tall guys quickly learn that there's a substantial discount on taller frames.

I suspect not. There are really only 3-5 gems in there that individuals are going to be willing to pay top dollar for. Then, the lister would be left with 24-26 "nothing special" but fairly large bikes to sell. I think he's using the few decent bikes as the honey to sell the lot and shift the burden of liquidating the less desirable stock to the new owner. You'll notice he has only included photos of 10 or 11 individual bikes. I'd be willing to bet the others look less and less appealing.

I'd love to say how interested I would be in a couple of the individual bikes, as they're my size. But, one, old, Eddy Merckx SP bike is more than enough C&V collecting dust in the garage for me.