[CR] Premium price for 1974 Peugeot

(Example: History:Ted Ernst)

Date: Fri, 19 Jun 2009 10:52:59 -0700
From: <gwlone@yahoo.ca>
To: <classicrendezvous@bikelist.org>
Subject: [CR] Premium price for 1974 Peugeot


Hi list. Did anyone else happen to notice a reported 1974 Peugeot that sold on eBay yesterday ,item # 300321790570.  It was in near mint condition , but only a bottom of the barrel UO8 and it sold for $370.00 !.  I have seen many at garage sales in the $20.00 -$50.00 range and have been given several thru the years by well meaning people who are aware of my interest in old bikes. The price; while not astronomical, can provide a far superior vintage ride if one looks around . Or be a pretty fair down payment on a vastly better on topic bike in a more used state. That Masi a week or so ago comes to mind.  Is there a "collectors market" for nicely preserved examples of 70's bikes?  Even if they are bottom of the line bike boom junk? Or is there a new generation of vintage steel fans who don't know the difference between a UO8 and a PX 10? Or am I looking at a better retirement than I had planned when I eBay all the 70's carcasses that sit in a heap at the back of my junk shed. You know the ones , they should have been deposited in the recycling bin years ago, But you keep them around in case someone asks you for a part for their latest garage sale find.

Greg Lone Langley B.C. Canada

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