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Let’s talk value,, bike prices? Open talk!

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Any info on this maybe 80’s japan bike would be nice! I think it’s Panasonic made for sears?? Got no clue on date .... if I could id components would that help???????
 
I paid too much.... but like others have said “ it’s only worth what your willing to pay! I gave 10$ and i love it! Brings back memories of my dad! Wood handled 1970’s schwinn approved pump!

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I like stuff I can tinker with and see improvements so that is a value in & of it's self. I feel like I don't need poop tons of money to make it a diamond in the rough but save it from being lost if someone was inclined to overdo things. I can appreciate paying a little more sometimes for a pos if I get 1 person who enjoys learning about before & after etc. I have those bikes I just love but aren't valuable because they were easy fixes or just cheap had etc
 
I have a chance to get this westfield for 120$ what do you think?
Looks nice; but I would frame the cost in terms of space required for storage. If I was thinning down my bicycle collection, a bike like that one might be on the let it go list.
The handful of diamond frame bikes that I still have are not as nice, and either family members’ or of more antique vintage (and show it).

I like the 40mm rimmed wheels on the Huffy, for a build; but it looks nice whole as is for a beach cruiser; (not sure how much that those were new).
 
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Looks nice; but I would frame the cost in terms of space required for storage. If I was thinning down my bicycle collection, a bike like that one might be on the let it go list.
The handful of diamond frame bikes that I still have are not as nice, and either family members’ or of more antique vintage (and show it).
idk... I don’t really need it! But its the only Columbia westfield ive found in Alabama! And i do like a three speed! Its clean and all there! I think dude said it was a 1966...???
 
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