Notices
Classic and Vintage Bicycles: Whats it Worth? Appraisals. Use this subforum for all requests as to "How much is this vintage bike worth?"Do NOT try to sell it in here, use the Marketplaces.

1985 Olmo

Old 10-08-20, 09:01 AM
  #1  
TakingMyTime
Senior Member
Thread Starter
 
Join Date: Aug 2012
Location: Los Alamitos, Calif.
Posts: 2,478

Bikes: Trek 7.4 FX

Mentioned: 4 Post(s)
Tagged: 0 Thread(s)
Quoted: 1026 Post(s)
Liked 912 Times in 535 Posts
1985 Olmo

I'm no Vintage expert, but I can appreciate everything about this bike, but I'm wondering why it's still for sale? Seems like a decent bike. It looks to me like it was probably found in much worse condition and this is as far as they got gleaning it up. Still?

https://losangeles.craigslist.org/sf...209945144.html
TakingMyTime is offline  
Likes For TakingMyTime:
Old 10-08-20, 09:05 AM
  #2  
xiaoman1 
Senior Member
 
xiaoman1's Avatar
 
Join Date: Mar 2014
Location: City of Angels
Posts: 5,152

Bikes: A few too many

Mentioned: 42 Post(s)
Tagged: 1 Thread(s)
Quoted: 1359 Post(s)
Liked 2,173 Times in 1,178 Posts
I am not sure but I thought I saw this on Offer-up a few days ago for 100.00.....in my book even with the panto parts it needs a lot of work.
This is why it hasn't sold, the asking price is way too high in my opinion.
Best, Ben
xiaoman1 is offline  
Old 10-08-20, 09:11 AM
  #3  
brian3069
Senior Member
 
brian3069's Avatar
 
Join Date: Jun 2009
Posts: 1,905

Bikes: Raleigh Supercourse

Mentioned: 11 Post(s)
Tagged: 0 Thread(s)
Quoted: 218 Post(s)
Liked 167 Times in 101 Posts
Condition is everything, that bike is in rough condition. Overpriced by at least $500.
brian3069 is offline  
Old 10-08-20, 01:07 PM
  #4  
garryg
Full Member
 
Join Date: Sep 2018
Location: Campbell River BC
Posts: 459
Mentioned: 6 Post(s)
Tagged: 0 Thread(s)
Quoted: 147 Post(s)
Liked 330 Times in 140 Posts
If your going to ask that kind of money could you not give it a bath and some 20 dollar bar tape?
garryg is offline  
Old 10-08-20, 01:10 PM
  #5  
garryg
Full Member
 
Join Date: Sep 2018
Location: Campbell River BC
Posts: 459
Mentioned: 6 Post(s)
Tagged: 0 Thread(s)
Quoted: 147 Post(s)
Liked 330 Times in 140 Posts
I sold this Olmo for $500 Canadian this year
garryg is offline  
Old 10-08-20, 01:41 PM
  #6  
bikemike73 
Senior Member
 
Join Date: Mar 2016
Location: North of Boston
Posts: 898

Bikes: 1973 Schwinn Sports Tourer plus a " few" more :)

Mentioned: 4 Post(s)
Tagged: 0 Thread(s)
Quoted: 211 Post(s)
Liked 198 Times in 147 Posts
WAY overpriced and neglected bike. Unlike the red one above that's great !!!!

Even though bike prices are at an all time high, there are MUCH better bikes and much better deals out there,.

Be patient and keep looking. The bike will find you
bikemike73 is offline  
Old 10-08-20, 03:41 PM
  #7  
SurferRosa
señor miembro
 
SurferRosa's Avatar
 
Join Date: Dec 2018
Location: Pac NW
Posts: 8,484

Bikes: '70s - '80s Campagnolo

Mentioned: 92 Post(s)
Tagged: 0 Thread(s)
Quoted: 3846 Post(s)
Liked 6,437 Times in 3,183 Posts
If you already had an Olmo that needed some pantographed parts, that might be a good buy for $350.

As is, it just needs a repaint and full overhaul/refurb.

Last edited by SurferRosa; 10-08-20 at 11:46 PM.
SurferRosa is offline  
Likes For SurferRosa:
Old 10-08-20, 06:55 PM
  #8  
plonz 
Senior Member
 
plonz's Avatar
 
Join Date: Mar 2015
Location: Western MI
Posts: 2,878
Mentioned: 45 Post(s)
Tagged: 0 Thread(s)
Quoted: 648 Post(s)
Liked 451 Times in 293 Posts
That stem sure looks wonky. This is a great project bike though. I think $300-$350 would be a good deal. Going to need quite a bit of refurbishing and elbow grease. Even at $300, it'll be a $600+ investment before you know it.

Shopped my Olmo to a few prospects at $700. Some "hmm"s but no paypal deposits. These are very nice bikes but I think they're hard to sell against the more sought after Italian marques.

plonz is offline  
Old 10-08-20, 07:03 PM
  #9  
Mr. 66
Senior Member
 
Mr. 66's Avatar
 
Join Date: Aug 2015
Posts: 3,438
Mentioned: 39 Post(s)
Tagged: 0 Thread(s)
Quoted: 1124 Post(s)
Liked 1,704 Times in 941 Posts
I think that the Olmo in the add may have gooseneck, perhaps steer tube issues.
Mr. 66 is online now  
Old 10-08-20, 07:40 PM
  #10  
diphthong
Senior Member
 
diphthong's Avatar
 
Join Date: Apr 2009
Location: insane diego, california
Posts: 8,287

Bikes: 85 pinarello treviso steel, 88 nishiki olympic steel. 95 look kg 131 carbon, 11 trek madone 5.2 carbon

Mentioned: 26 Post(s)
Tagged: 0 Thread(s)
Quoted: 1619 Post(s)
Liked 3,087 Times in 1,670 Posts
Originally Posted by TakingMyTime
I'm no Vintage expert, but I can appreciate everything about this bike, but I'm wondering why it's still for sale? Seems like a decent bike. It looks to me like it was probably found in much worse condition and this is as far as they got gleaning it up. Still?

https://losangeles.craigslist.org/sf...209945144.html
it would make for a great sgrt or long beach waterfront ride. really like the 80's olmos and love that particular color. the crimson and yellow olmos posted were dynamite for the price whereas the
craigslisted one...not. parts look to be in good shape...frame and fork, not so much.

i really need to stay out of c & v...got the itch again even after building up two bikes this year.

Last edited by diphthong; 10-08-20 at 08:11 PM.
diphthong is offline  
Old 10-08-20, 11:41 PM
  #11  
SurferRosa
señor miembro
 
SurferRosa's Avatar
 
Join Date: Dec 2018
Location: Pac NW
Posts: 8,484

Bikes: '70s - '80s Campagnolo

Mentioned: 92 Post(s)
Tagged: 0 Thread(s)
Quoted: 3846 Post(s)
Liked 6,437 Times in 3,183 Posts
Originally Posted by Mr. 66
gooseneck...
Was this ever a thing? To call a stem a large, dumb bird's body part? If so, can we stop it?
SurferRosa is offline  
Likes For SurferRosa:
Old 10-09-20, 04:20 AM
  #12  
T-Mar
Senior Member
 
Join Date: Nov 2004
Posts: 23,233
Mentioned: 652 Post(s)
Tagged: 1 Thread(s)
Quoted: 4719 Post(s)
Likes: 0
Liked 3,034 Times in 1,874 Posts
I don't know the pandemic pricing for LA but the pricing would be fanciful pre-pandemic. The components are Campagnolo Gran Sport with Nuovo Record derailleurs. The tubeset is Columbus Aelle. Then there are the cosmetic condition issues. I doubt the mechanical condition is any better. This bicycle has not been well cared for and the owner is asking over the original MSRP. About the only thing in its favour are the pantographed components. Basically, it's a mid-1980s, mid-range model in sub par condition but with some eye candy pantographing.
T-Mar is offline  
Old 10-09-20, 06:14 AM
  #13  
T-Mar
Senior Member
 
Join Date: Nov 2004
Posts: 23,233
Mentioned: 652 Post(s)
Tagged: 1 Thread(s)
Quoted: 4719 Post(s)
Likes: 0
Liked 3,034 Times in 1,874 Posts
Originally Posted by SurferRosa
Was this ever a thing? To call a stem a large, dumb bird's body part? If so, can we stop it?
The term "gooseneck" when applied to a bicycle stems, dates back over a century. Originally. it referred to a specific style of stem with a forward extension that was notably above horizontal. To-day we refer the style generically, as a "riser" stem.

The style started gaining popularity on American, single speed, coaster brake, roadster bicycles around the Great War. The term distinguished it from a standard stem, which had little or no forward extension, and the "extension" stem which had a forward extension that was horizontal or near horizontal. Eventually, the "gooseneck" became the dominant style seen on American bicycles, at which point the term became synonymous with a bicycle stem. It started losing it's popularity with the influx of European 10 speeds during the early 1970s bicycle boom but a lot of the cycling fraternity raised on earlier roadsters and Stingray style hi-risers continued to use the term generically for all handlebars. If you hang around at The CABE, you'll see it used a lot.

Applying the term "gooseneck" generically to all handlebar stems was no different than the current practice of using "clincher" to refer to what are technically "wired-on" tyres. Both are misnomers that have become de facto through common (mis)usage. The misuse of "clincher" is a personal pet peeve but I don't think I can change the world.

Attached is an excerpt from a 1918 retail mail order catalogue showing the three basic handlebar stem styles of the era. Note how the standard (No. 92) stem uses the expander bolt to double as the handlebar clamp bolt. Also, the "extension" stem has a hidden binder bolt, similar to style that would become popular again on "aero" stems of the 1980s.

Last edited by T-Mar; 10-09-20 at 07:01 AM. Reason: added ref. #
T-Mar is offline  
Likes For T-Mar:
Old 10-09-20, 06:21 AM
  #14  
Lemond1985
Sophomore Member
 
Lemond1985's Avatar
 
Join Date: Jan 2019
Posts: 2,690
Mentioned: 12 Post(s)
Tagged: 0 Thread(s)
Quoted: 1628 Post(s)
Liked 1,057 Times in 631 Posts
Ever wonder how "Goose" Gossage got his nickname? You learn something new every day.

Richard Michael "Goose" Gossage (born July 5, 1951) is a former Major League Baseball right-handed relief pitcher. During a 22-year baseball career (1972–1994), he pitched for nine different teams, spending his best years with the New York Yankees and San Diego Padres. The nickname "Goose" came about when a friend did not like his previous nickname "Goss", and noted he looked like a goose when he extended his neck to read the signs given by the catcher when he was pitching. Although Gossage is otherwise generally referred to as "Rich" in popular media, a baseball field named after him bears the name "Rick".[1]
Lemond1985 is offline  
Likes For Lemond1985:
Old 10-09-20, 06:28 AM
  #15  
joesch
Senior Member
 
joesch's Avatar
 
Join Date: Sep 2017
Location: Hotel CA / DFW
Posts: 1,721

Bikes: 83 Colnago Super, 87 50th Daccordi, 79 & 87 Guerciotti's, 90s DB/GT Mtn Bikes, 90s Colnago Master and Titanio, 96 Serotta Colorado TG, 95/05 Colnago C40/C50, 06 DbyLS TI, 08 Lemond Filmore FG SS, 12 Cervelo R3, 20/15 Surly Stragler & Steamroller

Mentioned: 10 Post(s)
Tagged: 0 Thread(s)
Quoted: 597 Post(s)
Liked 767 Times in 490 Posts
Originally Posted by SurferRosa
If you already had an Olmo that needed some pantographed parts, that might be a good buy for $350.

As is, it just needs a repaint and full overhaul/refurb.
Agree, the panto stem, post and crank are all very nice bits that have nice individual values, especially to Olmo lovers. The campy pedals and straps are also nice sellers that often get close to $100, atleast when eroica is happening.

Last edited by joesch; 10-09-20 at 06:31 AM.
joesch is offline  
Old 10-09-20, 07:20 AM
  #16  
TakingMyTime
Senior Member
Thread Starter
 
Join Date: Aug 2012
Location: Los Alamitos, Calif.
Posts: 2,478

Bikes: Trek 7.4 FX

Mentioned: 4 Post(s)
Tagged: 0 Thread(s)
Quoted: 1026 Post(s)
Liked 912 Times in 535 Posts
Thanks for all the help and info. I think I'll pass.
TakingMyTime is offline  
Old 10-09-20, 11:13 AM
  #17  
Caliwild
Senior Member
 
Caliwild's Avatar
 
Join Date: Jul 2011
Posts: 1,297
Mentioned: 12 Post(s)
Tagged: 0 Thread(s)
Quoted: 411 Post(s)
Liked 660 Times in 276 Posts
Originally Posted by TakingMyTime
Thanks for all the help and info. I think I'll pass.
Good call... I had a very similar Olmo with Aelle tubing and I really didn't like the ride, which is why I sold it. At that price there are plenty of nicer bikes...
Caliwild is offline  
Old 10-09-20, 07:38 PM
  #18  
TakingMyTime
Senior Member
Thread Starter
 
Join Date: Aug 2012
Location: Los Alamitos, Calif.
Posts: 2,478

Bikes: Trek 7.4 FX

Mentioned: 4 Post(s)
Tagged: 0 Thread(s)
Quoted: 1026 Post(s)
Liked 912 Times in 535 Posts
I do agree that it looks like there may be a problem with the stem, but not sure about the rest of the frame. Regardless, I didn't way to drive 50 miles to offer the guy $300 and then not have him accept the offer. What really caught my eye were the pantographed parts.
TakingMyTime is offline  
Old 10-10-20, 11:32 AM
  #19  
steve sumner
Senior Member
 
Join Date: Apr 2020
Posts: 331

Bikes: '68 Masi Special road, Grail bike

Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 108 Post(s)
Likes: 0
Liked 70 Times in 58 Posts
OLmo was the 3rd largest bike manufacturer in Italy making childrens bikes, 3-speeds and everything else
So even though the Reparto Course frame shop (different building) made racing bikes as good as anybody elses
My thinking is this is why the resale value is lower than other high end makers. it was a double edged sword when
my shop was selling them from 1978 to about 1986.
steve sumner is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.