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What am I missing about this (very nice) 1998 Schwinn Orange Krate custom?

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cbustapeck

Wore out three sets of tires already!
I came across this rather nice looking 1998 Schwinn Orange Krate custom on eBay.

It's in quite good condition, and with a nice parts group (Shimano Deore and Altus, with front and rear disc brakes), but I am still lost as to why the price is so high, and would love some insights. In the condition that it is in, the base bike seems like maybe $825, shipped, at the most. The parts group might be the same - I haven't done the math on all of the bits, but it cannot be more than the same again.

I have no room to say anything negative about build quality - as has been evidenced in some of my own bicycles - but, for lack of a better way to put it, it just isn't consistent with a $2700+ bike.

The high bidders seem to all have decent feedback over a period of time, so I doubt that they are scammers, but I really don't know what to think.

The best I can figure is that the unmentioned builder of this bike is someone of significance that the bidders recognize.

I welcome any and all thoughts on the matter.

The following pictures are by eBay seller blownsaleenfox, and are recorded here for posterity.

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Whoa those are live bids, I thought you meant he was asking $2700.. Cool bike.. Looks like it has some local history also .
 
I'm guessing ot has to do with the dealer who built it must have had a following. It is nice but I think all your missing is parting with alot of cash.
 
That one has 180 bids. This 1968 one has 11 and $1,000 less. I don't understand.
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