Fair value on a racycle?

[merkaba]

Hi fellow bicycle lovers,
I'm looking to pick up my first Racycle and could use some guidance on what I should pay for it. The gentleman claims it's an 1895 pace and while I have seen a few of these on the forum I have no idea how to price it or if it's even what he claims. I searched a little through the forum and found big price differences so I'm a little lost. Thanks for the help!
Collin

 

[fat tire trader]

I don't think its as early as claimed. It is a very tall frame, is that good for you? Or not important? Its hard to tell from the pics. Is it fixed gear, or does it have a coaster brake?

 

[Rust_Trader]

Prolly worth about $ 2-2500 cool chainring

 

[mike j]

That bike has a really big pen... er, chainring. I'm also thinking a little later than claimed. Personally, 1500 or so, considering condition IMHO.

 

[stoney]

Cool bike, like that chainring. Love to see that one cleaned up or restored.

 

[Freqman1]

Besides the badge is there another smaller badge with a model number on it? If so it can be dated by this. I agree with the others about it being later than 1895. It looks to be complete and correct so I would say somewhere in the $2k range is fair. V/r Shawn

 

[catfish]

 

[fordmike65]

Has the seller thrown out a number as to what he values it at? All I know, is that I wouldn't leave without that baby in the bed of the truck.

 

[merkaba]

Yeah I really like the bike. These old racycles have such a great look. The seller just got back to me and is asking $2500. Said he has an offer for $2k but would like a little more. I was thinking of offering somewhere around $1000-1200 so I'm prob going to be priced out at 2500. Unless y'all think it's worth it...Thanks again for all the input!

 

[bricycle]

You'd be hard pressed to sell at much over $2000. These are cool to find for $700-$1500 fix-up and re-sell at some point. Not to start high.