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.

Mint 1989 Miyata 1000 LT

Old 05-19-20, 10:12 AM
  #1  
BikeWonder
Senior Member
Thread Starter
 
Join Date: Oct 2018
Location: Calgary
Posts: 327
Mentioned: 3 Post(s)
Tagged: 0 Thread(s)
Quoted: 160 Post(s)
Liked 75 Times in 52 Posts
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.




BikeWonder is offline  
Old 05-19-20, 10:16 AM
  #2  
bikemig 
Senior Member
 
bikemig's Avatar
 
Join Date: Apr 2012
Location: Middle Earth (aka IA)
Posts: 20,505

Bikes: A bunch of old bikes and a few new ones

Mentioned: 178 Post(s)
Tagged: 0 Thread(s)
Quoted: 5877 Post(s)
Liked 3,445 Times in 2,066 Posts
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.

Last edited by bikemig; 05-19-20 at 10:38 AM.
bikemig is offline  
Old 05-21-20, 01:31 PM
  #3  
ramzilla
Senior Member
 
ramzilla's Avatar
 
Join Date: Dec 2014
Location: Fernandina Beach FL
Posts: 3,605

Bikes: Vintage Japanese Bicycles, Tange, Ishiwata, Kuwahara

Mentioned: 22 Post(s)
Tagged: 0 Thread(s)
Quoted: 700 Post(s)
Liked 321 Times in 251 Posts
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.
ramzilla is offline  
Old 05-26-20, 10:29 AM
  #4  
samkl 
Senior Member
 
Join Date: Feb 2017
Location: Chicago, IL
Posts: 519

Bikes: 2004 Trek 520, resto-modded 1987 Cannondale SR400, rando-modded 1976 AD Vent Noir; 2019 Wabi Classic; 1989? Burley Duet

Mentioned: 7 Post(s)
Tagged: 0 Thread(s)
Quoted: 213 Post(s)
Liked 93 Times in 51 Posts
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?
samkl is offline  
Old 05-26-20, 07:22 PM
  #5  
wrk101
Thrifty Bill
 
wrk101's Avatar
 
Join Date: Jan 2008
Location: Mountains of Western NC
Posts: 23,572

Bikes: 86 Katakura Silk, 87 Prologue X2, 88 Cimarron LE, 1975 Sekai 4000 Professional, 73 Paramount, plus more

Mentioned: 96 Post(s)
Tagged: 0 Thread(s)
Quoted: 1236 Post(s)
Liked 957 Times in 624 Posts
Kind of shocked it doesn't have bar end shifters. I had one similar age, same color scheme, bar ends.
wrk101 is offline  
Old 05-27-20, 05:45 PM
  #6  
BikeWonder
Senior Member
Thread Starter
 
Join Date: Oct 2018
Location: Calgary
Posts: 327
Mentioned: 3 Post(s)
Tagged: 0 Thread(s)
Quoted: 160 Post(s)
Liked 75 Times in 52 Posts
Originally Posted by samkl
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
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.
BikeWonder 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.