Buy Buy JUY - what is market price WAS:[CR]New record being set tonight?


Example: Production Builders:Peugeot

From: "Questor" <questor@cinci.rr.com>
To: <classicrendezvous@bikelist.org>
Subject: Buy Buy JUY - what is market price WAS:[CR]New record being set tonight?
Date: Mon, 3 Dec 2001 00:19:55 -0500


Working in a sales organization and vaguely remembering Econ 101 in college, I understand that the market price of any item is the maximum amount that the market will bear. However, I remain amazed that parts such as the JUY brought the price it did.

May I suggest that $1300 is not a true market price for a JUY derailleur, merely a "spike" in price due to several over-zealous overseas collectors? A real market price is decided over time with multiple sales that reaffirm the stability of the item's price, not the occasional spike that we just witnessed. I am also curious what "dealer price sheets" are available and where they are located that would list an item like this...

Regards, Steve Neago
"Curious in Cincinnati"


----- Original Message -----
From: "Bicycle Classics inc"
To: "Questor"
Cc:
Sent: Sunday, December 02, 2001 11:04 PM
Subject: Re: [CR]New record being set tonight?



> Hi CR folks,
>
> The JUY Record 60 that sold was a rarer model that had the simplex badge on
> it. The unbadged model is actually not super rare in used condition as it
> appeared on a number of Urago bikes that made it to the US in 1960 or so.
>
> The JUY 60 and the 543 were extremely well made and seem to survive intact
> on bikes that otherwise have been decimated by time and wear. They also
> represent the final evolution of French racing deraillieurs just before the
> dawn of the evil plastic. Other French parts of the time were also
> extremely highly evolved. Prior hubs spin at least as well as Campy (and
> lets not even start to consider Maxicar), the Stronglite 57 and 63 cranks
> were fine performers, and, as much as I hate to say it, well set-up Mafac
> brakes can really smoke Campy. In other words, a bike in 1960 equipped
> with these goodies is a formidable machine that really could challange a
> Campy machine. After seeing an early Peugeot with similar parts fetch
> these dollars, and knowing of a similarly equipped Herse that sold for
> significant dollars with such parts, it is clear that there is a following
> for these machines. Think of it, Campy NR/SR bikes had an 18 year run.
> There was perhaps 4 years of glory for the final evolution of these french
> race bikes. These bikes are rare and the parts that make them up are
> highly sought after.
>
> Finally, the prices we're seeing are in no way record breaking. One could
> look at the price sheets from dealers in the US that specialized to some
> extent selling these same items. One would see that for years, the prices
> that we're now seeing on ebay are simply the norm.
>
> Mike "hoarding old Urago's" Kone