Re: [CR]Wow this is going for more that I'd have thought!

(Example: Production Builders:Peugeot)

From: <ABikie@aol.com>
Subject: Re: [CR]Wow this is going for more that I'd have thought!
To: dbilenkey@sympatico.ca, classicrendezvous@bikelist.org
Date: Wed, 2 Oct 2002 06:39:45 EDT

In a message dated 10/1/2002 8:41:12 PM Eastern Daylight Time, dbilenkey@sympatico.ca writes:


>
> http://cgi.ebay.ca/ws/eBayISAPI.dll?ViewItem&item=717777808
>
> No relation to seller,
>
> David Bilenkey
> Bilenkey Industrial Design
> Ottawa, Ontario, Canada
> dbilenkey@sympatico.ca
>
> Well, when it comes to 'value' it's a tough call. What if that Peugeot was a bike like the one the buyer had as a child. The price to bring back that youth is minimal to what grownups might invest in a nice Harley, Austin Healey, or GTO. The bicycle's a get-on-it-and-go toy that provides practical everyday transportation, fun, and fitness in addition to the novelty of the nostalgia- not to mention the candy apple funky green. I remember a pair of simplex skewers (that this unit might possess) going for what one considered a 'too high' figure. Admittedly, this Peugeot is a mixte, and by politics, these and step-thru's usually fetch less. Why? well conventional wisdom says that the gals took better care of their bikes and the boys were more abusive, so it's always easier to find nicer models.

I also consider what you can buy new for $200 in a bike shop. An Eastern hunk of heavy metal with far less appeal (albeit practical transportation) that will depreciate very rapidly. This Peugeot just sold for more that it's original price, even with adjuisted dollars.

Of course, seeing this leads me to finally understand why Harvey Sachs may have offered to buy back a similar bike last week (that he 'gave' me at the Cirque) for twice what I gave him!! The healthy price of these might just well put Harvey and me in the black I have several dozen such machines. If Harvey works hard and cleans them up, liusts them and puts forth an intense marketing campaign, we could have a successful and well-known business. He'd be famous and I'd be rich. I might just go sell a few more $250 Chinese mountain bikes and pay the bills.

Boring.

Larry Black