Re: [CR] NOS Peugeot PX10-E on eBay sold low.


Example: Events:Cirque du Cyclisme:2002

Date: Mon, 25 Jun 2007 12:46:44 -0700 (PDT)
From: Jerome & Elizabeth Moos <jerrymoos@sbcglobal.net>
Subject: Re: [CR] NOS Peugeot PX10-E on eBay sold low.
To: Neill Currie <neill_currie@comcast.net>, Classicrendezvous@bikelist.org
In-Reply-To: <004101c7b757$74342280$6400a8c0@presario>


I have to agree with those who consider this a high price. Until recently, a good used PX-10 could be bought for about $350. Even now, I'd wager a super clean totally original one would rarely go for as much as $700. So I think the buyer paid at least $1,000 premuim for the fact the bike is NOS, and for the original box.

Is the premium justified? Obviously it was to the buyer. Although I am well aware of the value of original packaging of collectibles, to me personally an original box is totally worthless. What am I going to do with it? The last thing I need is one more large box cluttering up the garage. As to the bike being NOS, I suppose that has some value versus just an emaculate original used one. But personally, I wouldn't pay over $1,000 for an NOS PX-10. I mean I paid $1,000 to $1,100 each for two really pristine all-chrome early 70's Paramounts, which sort of sets my idea of "top money" for any production model classic bike (I have of course paid more than that for custom-ordered framesets).

I guess it comes down to how much fun one gets from unwrapping and assembling a totally unused 35 year old bike. I admit that is sort of fun, but for me personally not $1,000 worth.

In fact, I tend to be irrational in just the opposite direction. To me, the greatest fun is in taking a totally beat but once great bike and restoring it to its former glory. With a total repaint, rechroming and reproduced decals, just the frame restoration can be $1,000, and if one must obtain some rare components, the total cost could easily exceed $1,700. But to me the sense of accomplishment is far greater than that of unboxing an NIP bike. I guess we're all crazy, just some in different ways from others.

Regards,

Jerry Moos Big Spring, TX

Neill Currie <neill_currie@comcast.net> wrote: Bob hanson wrote: "" I'm forever living in a dream world of what things had once cost. And of course I am always excited to find true bargains at absurdly low prices. However, I noticed the recent NOS late 60s to early 70s Peugeot PX-10 on eBay now has sold for what even I would consider a VERY low final bid of $1,700.

Item number: 200120991630""Guess I am living in a dream world of my own. Maybe "deals" like this are becoming more common, but that seems like an awfully high price for a very mediocre bike......even allowing oodles for the original box and unassembled condition.Hell, that's a higher finishing price than I ever paid for any of the 15 or so bike I own (by far), and I have some really nice stuff. At least to my eyes, and with all of us, I guess that's *all* that counts in the end.-------------- Neill Currie Hillsborough Nh 03244 USA --------------- My MTB site:

My blog:

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