Re: [CR]High reserve on Raleigh Pro on ebay?

(Example: Framebuilding:Restoration)

Date: Thu, 09 Oct 2008 08:14:02 -0700
From: "Rich Pinder" <rpinder@usc.edu>
Subject: Re: [CR]High reserve on Raleigh Pro on ebay?
In-reply-to: <96657D76-CD5F-4D1B-BE28-691B79BE20BA@earthlink.net>
To: classic <classicrendezvous@bikelist.org>
References: <96657D76-CD5F-4D1B-BE28-691B79BE20BA@earthlink.net>


My guess it could be: - lots of discussion on lists over the years about these - speculators grab em and flip em because they're common - that color - (and mostly) LOTS of folks had these in their collective 'gardens' - so Nostalgia goes a long way to drive prices on em

just my thought Rich Pinder Van Nuys CA

Jon Spangler wrote:
> Listers,
>
> The bidding for a 55 cm Raleigh Pro Mark IV (ebay #260295306885\ufffcis
>
> now at $717.77 and the reserve has not yet been met. These bikes cost
> $450-$700 when new in the early-mid 1970s, and lots of them were made.
> I do not understand what justifies a high reserve for such a "garden
> variety" 531 bike--and I owned two of them back in the day.
>
>
>
> 70'S RALEIGH PRO ROAD BIKE CAMPAGNOLO CINELLI 531 55CM
>
>
> Item number: 260295306885
>
>
> Curiously yours,
>
> Jon Spangler
> Alameda, CA USA