I once saw a photo of a definite high 5 figure bike. It was a goldplated Colnogo or Cinelli being presented to the el Papa (the Good one, a cyclist) in Rome in the 80's. Wish I hadn't given that poster to a friend. And yes it was Campy equiped too.
-- Don Keenan Boulder, CO 303-530-4033
-------------- Original message ----------------------
From: "The Maaslands" <TheMaaslands@comcast.net>
> Perhaps not all CR listmembers are aware of the fact that 5 figure bikes
> are sold and have been for a number of years. Both new bikes, as well as
> vintage ones. You can check out a few vintage ones here:
> http://www.copakeauction.com/
> witnessed quite a few modern bikes leave shops at well over $10K. You
> can in fact now even buy stock bikes that approach the $10K price range
> before sales tax. Add a set of Campagnolo Bora wheels and you go way
> over...
>
> Witness what the true Herse randonneur bikes with complete Herse
> componentry go for...
>
> As an example of how high prices, as suggested by Don do presently work
> in the bike business, think about the Colnago President. It sells for
> more than virtually any other Colnago bike (which are already at the top
> of the market with regards to price), but it is not considered the top
> of the line in any performance category (stiffness, lightweight,
> comfort, durability, handling...) People are therefore solely buying
> the prestige of the price and the finish of the frame, as nothing else
> would set it apart. Hundreds have however been sold in the US. Their
> sales are also not limited to the hightech millionaires and the like.
> Having spoken to a number of the buyers, I know that they are just as
> likely to be people who have just begun to ride, as they are experienced
> riders who are splurging on their 'last' new bike at retirement. The
> fact that Ernesto can get away with this does not however translate into
> the same possibilities for our American KOF framebuilders. Ernesto has
> built up this part of the market over decades.
>
> Steven Maasland
> Moorestown, NJ