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Vintage Road Bike Values

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Maybe in your local market (CA) you'd have OK luck at $600 to $800 apiece and see what happens. Your biggest return would likely be parting them out. The repaint hurts the Bianchi, the replacement fork hurts the Medici and the Masi appears to be a mixed bag of parts (Bontrager (Trek) wheels) and possible eras.

Road bike collectors paying top dollar will want original paint, original - certainly period-correct parts and frankly, the market is swamped with road bikes right now, it's a buyer's market for them to be choosy.

Sorry if that's a bit harsh but if those were mine I wouldn't have great expectations. Maybe someone more positive about them will come along!
I pretty much agree with the above. The bianchi could be a competizione, if it was a specialissima it would be a little better
 
I pretty much agree with the above. The bianchi could be a competizione, if it was a specialissima it would be a little better

a simple way to discern the difference between the Specialissima and the Competizione at this era is the headset

the Specialissima model received the Campagnolo-Bianchi integral headset while the Competizione model received the Bianchi integral headset

there is a detailed article here covering the differences between the two headsets -

BianchiHeadsets

owned a black Specialissima from this era & when repacked its headset it turned like glass


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I acquired a mint 1978 Richard Sachs 24 years ago from a guy that wanted to trade it for a modern steed. He wanted $150 as a trade in but was turned away by the "expert" at a LBS. He then listed it on a free Merchandiser circular hoping to get $150 for it. I fulfilled his dream and he fulfilled mine. Gotta love those experts and what they deem suitable for wall coverings.

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I would assume the Bianchi was fully kitted, but the other 2 may have been frame only purchases built-up by the owner. I would inquire about that.

I have listed frames and bikes on Craigslist in multiple areas (New England and Florida) since I live in both areas and can easily deliver myself or have buyer pick up directly; if travelling I'll list something along the entire east coast so I can deliver on my commute. I rarely pack large items due to time, cost of materials, the lack of trust I have in shipping by any services; add to that the shipping costs and it often makes a buyer's overall price not feasible so keeping it local helps, but also greatly reduces the market population.
On bikes of this nature I generally get fairly quick responses from Craigslist buyers and I usually do not get "low-ballers" due to firm pricing. I often get folks who are willing to travel 100s of miles to grab a bike/frame/wheels from me. Face to face sales also eliminate scammers and often create impulse sales (they see something they want), or future sales from the same buyer due to building a rapport with them.
Biggest thing relating to value and sales price is the old axiom "location, location, location". I can advertise the same item in Florida and get only a couple hits, while in New England I get more hits and I can sell at my preferred price which is often 10-20% more than Florida.
My best customers pay my price without hesitation, but they are often my worse in that they have no knowledge or respect for the item, only a lot money to throw down. I hate going to an antique car show (or whatever is on display) where the owner only knows the year and what they paid (I always ask a Jag owner what their timing is set at; most do not even comprehend the question and I move on without even looking at their "wallet on wheels").
I never price super high, but it is foolish to give items away like it's a flea market/yard sale. The highest prices catch the least knowledgeable, but that is where the money is and how many buyers get something that appeals more by name and "apparent originality" than by its true value. I think most folks here know a lot about what is correct about a bike's provenance regarding vintage and originality unlike some of the "experts" at shops and even valid appraisers who do not really know an item's intrinsic value and market value unless they deal with those specific items on a regular basis over a fair period of time. I dealt with one shop selling used parts without prices marked on them. When asking for a price they would go online and use ebay as their guide disregarding if the price they saw was an asking price, sold price, and whether or not the price also included shipping.; or would just go by the brand name disregarding condition, and/or quality/function level (e.g. its Campy so it must be valuable; wrong!).
I know that I would have no idea what the market value would be for CA or even global (other than a low base price) given the differences in the markets I experience in my areas. I do know that my Italian bikes would have lower market value in Italy than in the US which is why I attempt to buy my parts, frames, and bikes on local Italian sites, or from a couple sources who I deal with directly. One of my cambio corsa bikes would have cost my nearly twice as much if sourced from ebay or a local domestic seller before adding shipping (btw my shipping costs from Italy are about 25-50% less than if I was just shipping the same bike from one town to the next in the US (last complete bike was €160 from Italy).
 
The market for mid-grade and lower road bikes has been in decline. An aging demographic, glut of supply, and rise of e-bikes has lowered prices. There is still a market for good, original, higher-end vintage road bikes. But mid-market and down is soft and has been in decline for awhile now. There's a market for those bikes, but not a strong one right now. As with so many things, probably worth more as parts than as whole bikes.
Very accurate. A bike that would have sold for 300 or so 5-10 years ago is gonna be hard to sell for 100 in the current market. A lot of people bought bikes during covid lock down, and now they're back in the office 40 hours a week and allllll those bikes are gathering dust and finding their way to fb market place. This seems to have affected bikes from nearly every segment, but road bikes had already gotten a little soft with the end of the fixed gear craze and the rise of online retailers like hikes direct. Most of your buyers today are collectors that want high end stuff in excellent, original condition and they aren't going to get ridden as much so upgrades and updates aren't the selling point they once were.

One thing is still true about the road bike market, the best thing to do is part them out if you want the most money for what you've got.
 
There seems to be no limit in price to Raleigh SBDU bikes that were raced or put together to be raced. I long since woke up from the dream of owning one. They have been steadily climbing for years now in price. I can remember way back when $1,000 would pretty much get you what you wanted.....now these bikes are nouveau riche paradise.

Kevin
 
Very accurate. A bike that would have sold for 300 or so 5-10 years ago is gonna be hard to sell for 100 in the current market. A lot of people bought bikes during covid lock down, and now they're back in the office 40 hours a week and allllll those bikes are gathering dust and finding their way to fb market place. This seems to have affected bikes from nearly every segment, but road bikes had already gotten a little soft with the end of the fixed gear craze and the rise of online retailers like hikes direct. Most of your buyers today are collectors that want high end stuff in excellent, original condition and they aren't going to get ridden as much so upgrades and updates aren't the selling point they once were.

One thing is still true about the road bike market, the best thing to do is part them out if you want the most money for what you've got.
I certainly agree with previous comments, but when talking about higher end road bikes of well known marques the market has always been limited. That is even more so now with those that once rode them passing on so the only sentimentality remaining is of their kids remembering that dad had a something ending in "i" or "o" that they couldn't pronounce and wanting to find another something to remember their pop by. Patience is the key to selling this stuff; quick sales and high profit is difficult under the best of circumstances. Bikes over 50 yrs old or more are still fetching some premium prices as I can attest to, but now I tend to stay away from well known higher volume brands (i.e. Colnago) and sell stuff that is not something every other rider has under them when going out for their club rides (now everyone is riding a vintage Colnago Super (et al.) with worn out parts or modern retrofit stuff); even my "lower" end rides (e.g. Crescent Pepita with OE Valentino drivetrain) with entry level parts gain more attention that the Colnagos , DeRosas, etc. that are being bought at inflated prices (left my evo at that house decades ago).
I can appreciate the fact that parting out frames and components can be a more profitable way of doing things. Of course, the parts need to be in above average condition and also of higher level than your standard grade. I still cannot understand how folks charge what they do for, as an example, Campagnolo Valentino parts that were stuck on a multutude of lower end boom bikes when I get them (and more) for free as "stocking stuffers" sent to me when I order from my Italian sources. I do know that the component prices are highly inflated for parts made in the '70s and '80s that are not rare and are readily available. 10 to 20 years ago a Nouvo Record RD was a reasonable price, now even a unit in moderate and not suitably usable condition (excessive pivot play, dead springs, etc.) is twice the price for something not really worth using or collecting; but again it's all in a name and nothing about the quality of the item for sale; goes the same for most used vintage parts made in high volume. If I sold my parts inventory it would easily sell for 25-50% more than what I bought it for, many for double the price I paid. I could easily sell a crappy NR RD with worn out or after market pulley cogs for $50 just based on name alone and someone thinks they are getting a deal (and they probably are if buying the same crap on ebay for $75 plus shipping). The last Campy part I bought was a mid '60s very good to excellent condition (aesthetically and functionally) Record FD (chromed bronze control arm, cable stop model) for a personal at $50 about 3 or 4 years ago; now I only see them at $75 to $100 dollars in worse conditon with chafed cages, missing or incorrect hardware, etc. I plan on retiring in 5 years and selling all my spares; hope the market trend continues.
As a general rule I have not had to sell a an "SL" or "SP" frame with original livery for less than $200 (no real rust, but not perfect by any means), even by a no name marque that just was a shop brand; but I have enough stock to be patient and I do not need the cash. A little bit tougher when you only have one or two bikes and want them gone while still getting a decent price. Another note about bike shops: my neat up Colnago Super that has taken near 40 yrs of my abuse was said to be worth over $1000 with the same NR gruppo (but well maintained). That is BS; I would not pay that much if I was looking for the exact size, color, and kit; and I certainly would not price it that high in good conscience.
Another note: parting out a bike requires time and proper tools. So you either already have to be invested in that area or pay a bike shop (an exorbitant amount in my opinion) to do what I can do in 30 to 60 mins so be prepared to lose more money just stripping your frame if going that route; and be careful at a shop because the "kids" do not care it the parts coming off are getting more beat up in the process and often using incorrect tols and methods to do so as I just found out when wanting my shimano 600 headset tightened and the "kid" was pulling out a big adjustable wrench since it had the "funny" too nut design (no thank you and goodbye!).
 
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I certainly agree with previous comments, but when talking about higher end road bikes of well known marques the market has always been limited. That is even more so now with those that once rode them passing on so the only sentimentality remaining is of their kids remembering that dad had a something ending in "i" or "o" that they couldn't pronounce and wanting to find another something to remember their pop by. Patience is the key to selling this stuff; quick sales and high profit is difficult under the best of circumstances. Bikes over 50 yrs old or more are still fetching some premium prices as I can attest to, but now I tend to stay away from well known higher volume brands (i.e. Colnago) and sell stuff that is not something every other rider has under them when going out for their club rides (now everyone is riding a vintage Colnago Super (et al.) with worn out parts or modern retrofit stuff); even my "lower" end rides (e.g. Crescent Pepita with OE Valentino drivetrain) with entry level parts gain more attention that the Colnagos , DeRosas, etc. that are being bought at inflated prices (left my evo at that house decades ago).
I can appreciate the fact that parting out frames and components can be a more profitable way of doing things. Of course, the parts need to be in above average condition and also of higher level than your standard grade. I still cannot understand how folks charge what they do for, as an example, Campagnolo Valentino parts that were stuck on a multutude of lower end boom bikes when I get them (and more) for free as "stocking stuffers" sent to me when I order from my Italian sources. I do know that the component prices are highly inflated for parts made in the '70s and '80s that are not rare and are readily available. 10 to 20 years ago a Nouvo Record RD was a reasonable price, now even a unit in moderate and not suitably usable condition (excessive pivot play, dead springs, etc.) is twice the price for something not really worth using or collecting; but again it's all in a name and nothing about the quality of the item for sale; goes the same for most used vintage parts made in high volume. If I sold my parts inventory it would easily sell for 25-50% more than what I bought it for, many for double the price I paid. I could easily sell a crappy NR RD with worn out or after market pulley cogs for $50 just based on name alone and someone thinks they are getting a deal (and they probably are if buying the same crap on ebay for $75 plus shipping). The last Campy part I bought was a mid '60s very good to excellent condition (aesthetically and functionally) Record FD (chromed bronze control arm, cable stop model) for a personal at $50 about 3 or 4 years ago; now I only see them at $75 to $100 dollars in worse conditon with chafed cages, missing or incorrect hardware, etc. I plan on retiring in 5 years and selling all my spares; hope the market trend continues.
As a general rule I have not had to sell a an "SL" or "SP" frame with original livery for less than $200 (no real rust, but not perfect by any means), even by a no name marque that just was a shop brand; but I have enough stock to be patient and I do not need the cash. A little bit tougher when you only have one or two bikes and want them gone while still getting a decent price. Another note about bike shops: my neat up Colnago Super that has taken near 40 yrs of my abuse was said to be worth over $1000 with the same NR gruppo (but well maintained). That is BS; I would not pay that much if I was looking for the exact size, color, and kit; and I certainly would not price it that high in good conscience.
Another note: parting out a bike requires time and proper tools. So you either already have to be invested in that area or pay a bike shop (an exorbitant amount in my opinion) to do what I can do in 30 to 60 mins so be prepared to lose more money just stripping your frame if going that route; and be careful at a shop because the "kids" do not care it the parts coming off are getting more beat up in the process and often using incorrect tols and methods to do so as I just found out when wanting my shimano 600 headset tightened and the "kid" was pulling out a big adjustable wrench since it had the "funny" too nut design (no thank you and goodbye!).
I think we're kind of in agreement on a lot of things. The price of parts is up, while demand for most complete bikes seems to be down... I haven't tried selling a high end frame or complete bikes recently, I just know what I'm seeing advertised. I keep seeing bikes on market place sit for weeks if not months, with multiple price drops and thinking "geez, a few years ago I'd have been rushing to get there". Even the high end stuff is priced low enough that I would have bought them to flip even if they didn't fit me the fixie mania days.

Then again, almost every segment of the vintage bike market is soft. Balloners are down. Muscle bikes are fading a bit. The only thing that seems to be getting more expensive as a catagory is BMX. I'm seeing people get excited about low end stuff that you couldn't hardly give away 10 years ago.
 
Exactly!
You just never know, when a trend is going to come out of thin air.
I’ve always felt that those hand made, artisan built lugged steel framed bikes would become sought after some day.
It might be a hundred years from now, but someday, people are going to marvel at the high quality, craftsmanship built bikes of the late 50’s early 90’s.
Coinciding perfectly with the golden age of Campagnolo made components.
 
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