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1962 Dunelt 3-speed Valuation Please

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Old 10-18-19, 11:12 AM
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UKFan4Sure
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1962 Dunelt 3-speed Valuation Please

I am looking at this old Dunelt 3-speed. What would a good offer be on it? We are way off base on his current asking price, and I think he knows that.

Thanks to everyone for their input.

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Old 10-18-19, 01:44 PM
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Old 10-18-19, 05:37 PM
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1962? In that good a condition? I wouldn't let it go for less than $150-$200. It might go for the buyer's price--$300--in a large enough city but I don't think it's worth that much in Louisville.
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Old 10-18-19, 05:44 PM
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Originally Posted by wrk101
Totally completely location specific. Could be $50, could be $300....
Not helpful...

Originally Posted by bikemig
1962? In that good a condition? I wouldn't let it go for less than $150-$200. It might go for the buyer's price--$300--in a large enough city but I don't think it's worth that much in Louisville.
Helpful! On a "come and get it" conversation with the owner, I can get it pretty decently at a "Benjamin and a half".... I want to keep it, but just want to make sure I wouldn't lose major skin on it. As I am understanding it, these were built by Raleigh, but on a lower end scale. Sound right?
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Old 10-18-19, 07:11 PM
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There is a hierarchy for the various 3 speeds built by Raleigh but I can't tell you if Dunelt was one of the higher end ones or not.

In terms of valuation, 1962 is fairly old and this bike is in good shape. Is it worth $150 to you? If so, just buy it. I would if it were local to me and I wanted it.
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Old 10-18-19, 07:49 PM
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Originally Posted by wrk101
im on my phone and have no idea where you live. Where I live I tried to get $75 for a sweet men’s Raleigh LTD 3. No takers. Zero interest. Bike had $100 worth of fresh tires on it too. Finally donated it to the co op.
Isn't that crazy?! We have a depressed vintage market also. There are a few hipsters that like to take an old bike and turn it into a fixie, but not many takers on vintage bikes for the sake of riding one. I was in Denver recently and they were EVERYWHERE! I was drooling!
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Old 10-18-19, 07:51 PM
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Originally Posted by bikemig
There is a hierarchy for the various 3 speeds built by Raleigh but I can't tell you if Dunelt was one of the higher end ones or not.

In terms of valuation, 1962 is fairly old and this bike is in good shape. Is it worth $150 to you? If so, just buy it. I would if it were local to me and I wanted it.
I'm getting with him tomorrow, I've already texted him. I want to make sure there are no fatal flaws. But I'm probably in.
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Old 10-18-19, 08:55 PM
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DUNELT history.

...the bike in the photos you're looking at is pretty pristine, cosmetically. So the guy selling it is trying to get a premium for that. It's true most Raleigh made 3 speeds, (by 1962, TI owned both the Dunelt brand and the entirety of Raleigh), seem to go begging these days unless you're in an urban area that values them.

The 3 speed Dunelt's made and sold in the 60's were slightly cheaper than the Raleigh branded ones, which was how I ended up with one as my childhood rider. That red color for them was iconic.

I've seen larger frames (the 23" ones) in Raleigh Sports, Superbe, and some of their other branded productions, but I've never seen anything in a Dunelt except the 21" frames. I don't know why.
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Old 10-28-19, 06:29 AM
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That's a cool looking bike. I love the colour.
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