BNIB Pug Carbolite...with ridiculous price

[LondonClassic]

On ebay HERE for £1250!!

 

[Takingabreak]

That's remarkable and a wonderful piece of nostalgia. Is the price ridiculous? It's certainly no worse than splurging on a modern £1500 BSO and will likely give the new owner more pleasure looking at it hung above the fireplace

 

[moonlite]

That's remarkable and a wonderful piece of nostalgia. Is the price ridiculous? It's certainly no worse than splurging on a modern £1500 BSO and will likely give the new owner more pleasure looking at it hung above the fireplace

Agree. And yes, you wouldn't really buy that to ride it, would you? After all these years of remaining pristine, it should probably stay that way.

 

[LondonClassic]

That's remarkable and a wonderful piece of nostalgia. Is the price ridiculous? It's certainly no worse than splurging on a modern £1500 BSO and will likely give the new owner more pleasure looking at it hung above the fireplace

I don't disagree with the sentiment, just the value. Half the asking price is probably what the seller will eventually get IMHO...but who knows, maybe Rishi Sunak is a Carbolite 103 man and will bag this.

 

[nstarmore]

That's remarkable and a wonderful piece of nostalgia. Is the price ridiculous? It's certainly no worse than splurging on a modern £1500 BSO and will likely give the new owner more pleasure looking at it hung above the fireplace

A £1500 BSO?? I know inflation has pushed prices up but you can get a new bike significantly better than this for £1500 still.

It's nice to see but the price is silly.

 

[LondonClassic]

£1250 would also bag you this same size Condor in original paint with tasteful servicing/refurb and original bill of sale.
1987 Condor Pro road bike. Reynolds 531. Campagnolo Victory Groupset

 

[moonlite]

I just reckon it's two different things: the Peugeot is not a prospect if you're looking for something nice to ride; the Condor would be wonderful if that was your goal. The Peugeot presents a bit of an oddity -- it's a time capsule and the fact that it has survived in this condition until now means you wouldn't buy it to ride. Its value (still tbc by whoever buys it) is more about that time capsule quality. It would be best on display somewhere than being ridden into the same state as thousands of other used bikes from the same period.

 

[Woz]

I think it's all weird ass and bneed a adrink.

 

[Takingabreak]

I assume anyone else watching this on ebay received a £999 BIN offer?

 

[LondonClassic]

I just reckon it's two different things: the Peugeot is not a prospect if you're looking for something nice to ride; the Condor would be wonderful if that was your goal. The Peugeot presents a bit of an oddity -- it's a time capsule and the fact that it has survived in this condition until now means you wouldn't buy it to ride. Its value (still tbc by whoever buys it) is more about that time capsule quality. It would be best on display somewhere than being ridden into the same state as thousands of other used bikes from the same period.

Of course they are two different things.

Its value dropped as soon as the box was opened. If you were looking at this as an investment its unlikely you will see any increase in value over the purchase price for....decades. Even then something ridden but well maintained - like say a Colnago Master with Super Record Gruppo - will likely overtake it in those decades, value wise.

Maybe not totally relevant but check out this video on these fellas who bought a brand new in crate 1975 Norton Commando for....$17,000. Thats only slightly more than a well sorted and maintained Norton Commando thats been on the road for the same period. I think you need to wait even longer than 50 years to realise any significant increase.

And then theres the saddo element of not riding a bike. It was built to be ridden. Its a cheap bike, factory gates price less than 100 euro. Steel wheels, bottom rung components. Who would hang this on their wall as a show pony? If you were precious about it even the UV from having it out of the box will damage the paint in time.

I'd buy the Condor, either as a bike to ride or as an investment... but you probably guessed that already.