Dennis - $3300 bucks for that Cinelli is too much by about 1000 dollars. That bike is worth 2500 ABSOLUTE MAX, and 1850 is more like it, really. It IS a beautiful bike, but the market is down quite a bit - as it is for vintage cars - in fact there is another Cinelli on ebay, not quite as nice as this one, at 1500 and no bid with 12 hours to go.
I watched the "Barratt-Jackson Vintage Car Auction" last week and noticed that the prices for most stuff were significantly lower than the previous high water marks. A ferrari "California Spyder" went for $165K, and a very nice GT40 for about $350K which is small potatoes compared to prices brought by comparable pieces just 3 years ago. I think the vintage bike market is influenced by general market conditions - all these things are purchased with discretionary income - and the dearth of buyers cannot help but have a downward effect on prices.
===================================================== Mark Petry 206.618.9642 Beautiful Bainbridge Island, WA mpetry@bainbridgeisland.net
===================================================== "The whole aim of politics is to keep the populace alarmed and hence clamoring to be led to freedom and safety by menacing it with an endless array of hobgoblins, all of them imaginary."
H.L. Mencken, 1927 =====================================================
Date: Sat, 26 Apr 2003 06:32:32 -0700 From: Dennis Young <mail@woodworkingboy.com> To: <classicrendezvous@bikelist.org> Subject: [CR]Cinelli at Japanese auction
The starting price for this beautiful Cinelli is about $3300.00. No bidders so far, and four days left. I suggested to Mark Petry that he include it in his register as the number is given. I believe some organization is offering it, and no questions to the seller will be entertained they state. Also, no international shipping.
Size is 54. Anyone care to offer a date based on the photos.
Thanks, and photos at the bottom of the page.
http://page4.auctions.yahoo.co.jp/
Dennis Young Hotaka, Japan
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