Re: [CR]Vintage Pogliaghi Track Bicycle Bike FB crank Italy EBay

(Example: Bike Shops:R.E.W. Reynolds)

From: "Pete Geurds" <raleighpro@dejazzd.com>
To: "Stephen Barner" <steve@sburl.com>, <classicrendezvous@bikelist.org>
References: <CATFOODw2O966IJminn00000540@catfood.nt.phred.org> <003901c492bb$2fee9100$6400a8c0@bourke>
Subject: Re: [CR]Vintage Pogliaghi Track Bicycle Bike FB crank Italy EBay
Date: Sat, 4 Sep 2004 18:10:07 -0400
cc: Joe Bender-Zanoni <joebz@optonline.net>

From: "Stephen Barner" <steve@sburl.com>
> We had an instance up here that made the paper where a couple of guys bought
> a painting at a yard sale, then found out it was an original and had it
> auctioned off at a major auction house for a substantial amount of money. A
> lot of people in the area thought the most fair thing was for the two guys
> to share some of the proceeds with the hapless original owner. What if they
> had known exactly what the painting was worth when they bought it? Would
> their purchase have constituted fraud? Some people might think so.

Isn't this how much of the collectibles market, bicycle or otherwise, operates? Find the good stuff and buy it for the least amount of money. Then sell it for what the market will bear.

Pete Geurds
Douglassville, Pa