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-   Classic and Vintage Bicycles: Whats it Worth? Appraisals. (https://www.bikeforums.net/forumdisplay.php?f=273)
-   -   Mint 1989 Miyata 1000 LT (https://www.bikeforums.net/showthread.php?t=1201947)

BikeWonder 05-19-20 10:12 AM

Mint 1989 Miyata 1000 LT
 
I've been fortunate to own many Miyata 1000s but have never come across one as new/mint as this one.

From what I was told, it was only used for one 50km trip in 1990 one summer and stowed away in the garage. I plan on giving it a full overhaul and fresh grease. Everything is stock, including the original Vettagel saddle. I love hearing about the stories on what it was like obtaining one of these back in the day and it seems even back then it had a large following.

What do you think this could fetch for once it's all cleaned up and tuned in a Canadian market? The Radial tires are still in like-new condition and show no signs of wear or age. The only thing that needs to be replaced are the brake pads.

https://cimg2.ibsrv.net/gimg/bikefor...66bfd010c7.jpg
https://cimg6.ibsrv.net/gimg/bikefor...2d4de1aeba.jpg
https://cimg8.ibsrv.net/gimg/bikefor...990d035098.jpg
https://cimg2.ibsrv.net/gimg/bikefor...34e39f6048.jpg

bikemig 05-19-20 10:16 AM

People tend to ask crazy money for bikes in near mint condition but it's hard to sell at those prices. You'd need to find a collector who just wants some bike wall art. And my guess is that collectors are usually looking for different bikes than this. I'd value this a little above what a top dog vintage touring bike is worth in Canada that's in decent shape. So a little bump up for the condition but not a lot.

ramzilla 05-21-20 01:31 PM

If those are the original tires then, they're over 31 years old. I wouldn't feel comfortable riding around on tires that old. Especially if there are a lot of big downhill runs nearby. It's also a small frame bike and, that's going to reduce the demand. So, with new tires, tubes, grease, brake pads, handlebar pads & maybe a new chain I think it would be worth somewhere between 5 or 6 hundred dollars US.

samkl 05-26-20 10:29 AM

For reference, I sold my 1989 1000LT for $650USD last summer on Craigslist in Chicago. It wasn't in mint condition, but well maintained and quite good. Great bike, like everyone says.

Who knows, now that everyone wants a bike, you might be able to fetch a higher price (though most people are looking for commuter/recreation bikes, not collectibles).

You'd probably get the best price on eBay, but you have to deal with lots of hassle. My random guess, not knowing the Cowtown market: $750USD?

wrk101 05-26-20 07:22 PM

Kind of shocked it doesn't have bar end shifters. I had one similar age, same color scheme, bar ends.

BikeWonder 05-27-20 05:45 PM


Originally Posted by samkl (Post 21497958)
For reference, I sold my 1989 1000LT for $650USD last summer on Craigslist in Chicago. It wasn't in mint condition, but well maintained and quite good. Great bike, like everyone says.

Who knows, now that everyone wants a bike, you might be able to fetch a higher price (though most people are looking for commuter/recreation bikes, not collectibles).

You'd probably get the best price on eBay, but you have to deal with lots of hassle. My random guess, not knowing the Cowtown market: $750USD?

USD -> CAD would fall around $900, which some might find too ambitious. I could possibly aim for $750 CAD as touring is becoming a hot sport here Alberta again with the current pandemic.


Originally Posted by wrk101 (Post 21498970)
Kind of shocked it doesn't have bar end shifters. I had one similar age, same color scheme, bar ends.

Bar end shifters became standard after 1990 I believe.


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