In a message dated 10/6/07 6:11:43 PM, d-gordon@sbcglobal.net writes:
> Its only the rarest of the rare that tend to hold onto their value. Same
> goes with baseball cards which have dropped too.
>
I think that top end, great condition items from any market has always been the best way to invest. In the used bicycle markets, there are two types of rare, expensive bikes: 1) items with a proven provenance that links them to an significant event or rider and 2) bikes that have been acclaimed by collectors as most in demand, such as Confente, Herse, Carlsbad Masi, and Singer. While there are tiers within the "also rans", only the ones that are either very unusual or great condition command much. My litmus test, starting point is an item is worth 50% of the original purchase price if in above average condition. If it is near mint, maybe a little more, but not by much. There are many bikes made in the late 70s and early 80s that even in great condition, sell for less than this 50% on a regular basis, so I'm perhaps being generous with some makes. My advice, do your homework. Know what you like and want, don't get emotionally caught up in it, and then determine how much you are willing to spend. Do your due diligence, then place your bets/bids. Lou Deeter, Orlando FL
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