I feel a lot of sellers are misinformed about the true value of antique and classic bicycles in general. The bottom line is any collectible object is worth what the seller will take for it , and what the buyer is willing to give. This aside, I feel the vintage bike hobby has become a business to some, viewing a bicycle as an investment instead of a nostalgic piece of history to enjoy. This thinking is perpetuated by a lot of bad information given to the general public through television shows, magazine articles, etc. I just watched a show the other week that featured a well known bike collector and an expert appraiser, called upon to value some vintage bicycles. The show was full of incorrect information, grossly over inflated values and truncated subject matter, covering only one style of bike. The general public sees this and, Wham! , these bits of misinformation become gospel. I've already seen the fallout, a bike listed on ebay , overpriced and referencing this very show which I've mentioned. Unfortunately, it's difficult to reason with someone who feels this information is correct. We've all seen overpriced items languish in the market place for months, even years. The only thing you can do is counter offer with what you're willing to spend on an item and when you sell something, let it go for a fair price.