Bought a Mercian on a Monday for under $20---showed it to a friend that Friday.It looked like it had been ridded maybe twice,topps.He offered $100.I said I'd take less,but he refuses to budge. Said he couldn't go any lower.Lucky for me I saw able to use the $80 profit for ebay bike parts.O,did get a 1932 Sturmey archer K drum and matching T F Blumfields front drum for $5 off ebay sam lingo,pleasanton tx