Nick ZZ wrote:
Let's use this bicycle as an example to discuss the importance of provenance.
First of all it is documented that Andy actually raced on this bike.
What would you consider as proof positive? [1] Builder verified building said frame & produced build records [2] Rider recalls racing this particular frame [3] Photographs showing rider and frame [4] Eye witness accounts of seeing Andy on this bicycle [5] Ohter factors
Now lets consider the same make & model of bicycle in similar condition but without the documentation.
How much more would you be willing to spend to acquire the Hampsten bicycle?
Why would you be willing to spend more for the Hampsten bicycle?
++++++++++++++++
Here is a more modest test, for gathering empirical data: I have a Genuine white Selle San Marco LeMond saddle. Narrow longitudinal color stripes in the center. I was told by the chap who sold it to me at a swap meet, for good cash money, that the Great LeMond himself had ridden this saddle on a lap (or part of a lap) of the CoreStates/Philly 1-day race course. I will sell it with a letter stating the above (but no more) for $176 including US shipping. Condition is almost excellent. By purchasing this saddle, you are voting that provenance claims have value in the market. Unless, of course, it is actually worth more, regardless of provenance.
harvey (hoping this thing is old enough to be on topic) sachs mcLean VA