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Woodrup 531 st Bicycle Value

Old 12-21-19, 10:15 PM
  #1  
szayeb
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Woodrup 531 st Bicycle Value

I found a vintage Woodrup st a few weeks ago. I have been trying to findout more about the value. It appears to be from the 80's and has the number 5525 stamped on the bottom of the frame. It is in good shape, no dents and a few scratches. It has Cenilli Campione Del Mondo 66-47 handlebars. Wolber model 58 Super Champion rims, Compagnolo brakes. Any ideas of the value would be appreciated.
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Old 12-21-19, 11:56 PM
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machinist42
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Assist

Originally Posted by szayeb View Post
I found a vintage Woodrup st a few weeks ago. I have been trying to findout more about the value. It appears to be from the 80's and has the number 5525 stamped on the bottom of the frame. It is in good shape, no dents and a few scratches. It has Cenilli Campione Del Mondo 66-47 handlebars. Wolber model 58 Super Champion rims, Compagnolo brakes. Any ideas of the value would be appreciated.
I posted this over in the "Are You Looking For One Of These?" thread, before I noticed it here in Appraisals.

Vintage Woodrup Road Bike - $1000 (Oxford)








https://images.craigslist.org/00Y0Y_gyUJgD16k9f_1200x900.jpg[/img]



Is the drive side dropout cracked?

I think the serial is actually "552" followed by an "signature stamping".


I think your pricing is optimistic. I applaud you for seeking out fair value from this forum. Some will be harsh, (especially those in the mountains; them folk be cranky, curmudgeonly and cantankerous), but you'll field some opinions which will be realistic, informative and educational. My personal recent experience includes posting a Teledyne Titan in the "Are You Looking..." thread offered at a not overly optimistic price, and then months later have the seller ask me if I wanted to buy it at a tenth of the original ask. In other words, the market is very very soft. I'll leave it to others to offer their opinion, as I might be interested and am local, and my estimate would not be entirely objective.

Best of fortune with your sale!

Last edited by machinist42; 12-22-19 at 12:21 PM.
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Old 12-22-19, 08:26 AM
  #3  
wrk101
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It's a project, dirty, old rusty chain, not rideable. Needs a realistic price IMHO. So far from reality right now I don't think it goes anywhere. IMHO, your price is in the territory where buyers expect a pristine, FULL Campy (no Suntour shifters and derailleurs), no rust, perfect paint, top of the line, ready to ride, super desirable bike.

See the recent thread on a beautiful, full Campy, Peugeot PX10 as an example.

I'll leave pricing to others, since I am from the mountains and probably fit this description "Some will be harsh, (especially those in the mountains; them folk be cranky, curmudgeonly and cantankerous)"

Barn find bicycles are not a plus. Its a project. Project buyers are scarce, those that buy expect a hefty discount to cover the work involved in refurbishing the bike, and a margin for surprises.


What was the basis of your asking price? Please don't say asking prices on ebay, that is meaningless. Actual sold on ebay is much lower, in much better condition. And to a bike person, that bike is not in good condition.

Last edited by wrk101; 12-22-19 at 12:13 PM.
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Old 12-22-19, 09:09 AM
  #4  
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Big ask that price is.
but the silence will perhaps drive the message to the seller.
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Old 12-22-19, 11:42 AM
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I don't claim to be an expert at what others would pay for a bike needing an awful lot of work, so the most help I can offer is to tell you what I would pay for it. If it were local to me so I didn't have to pay shipping I would pay $150 for it and strip it for spare parts. If I was sure that the frame wasn't bent (Bikes with replacement forks often are bent at the front end) I would pay $200.
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Old 12-22-19, 01:18 PM
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Woodrup is a swell bike...

...but I have one in pretty nice shape here. I don't think I could sell it for $1000, but I might get $6-700 on a local sale in the Spring if I were patient.
And mine needs no work at all, it's ridden regularly. That one would make a swell project for someone who paints at maybe $2-300.


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Old 12-22-19, 01:32 PM
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This dropout looks kind of iffy:


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Old 12-22-19, 08:53 PM
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szayeb
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Feedback

I appreciate the input. I am taking it by a bike repair shop to get it evaluated in the next week or two. I have no idea what the value may be, but I do appreciate all of the input on the forum. I assumed my price ws very optimistic, but you gotta statrt somewhere.
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Old 12-22-19, 09:15 PM
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...
...I still think it would make a very good project bike for someone who does his own painting, but the dropout re-repair will probably cost another $50-60 at least, and it might fry the chrome on that stay. Which is not a big problem if you just paint the stays anyway. Woodrup was small enough in production to be sort of boutique English frame, and well enough made that this one is worth saving. But it will be a lot of work and expense for someone, and your price ought to reflect that. The fork, even though a different finish from the frame, looks like a Woodrup fork to me. But I've only seen one in person, the one I ride.
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Old 12-22-19, 09:39 PM
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I would agree with wrk101 that the price is no realistic as a none working project bike with second level mixed components it is really only $200 bike as presented and one could list it on CL in most markets for a year or so before it sells.
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Old 12-22-19, 09:56 PM
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Originally Posted by machinist42 View Post


Is the drive side dropout cracked?
I think that is a smudge in the drive-side dropout, of probably whatever caused the cable housing to melt.
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Old 12-22-19, 10:10 PM
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Somewhat of an eclectic group of parts.

If you are writing a Craigslist ad, make sure you spell things like "Campagnolo" correctly.

I think the next owner would likely strip and rebuild.

If you have time, patience, and energy, you'd probably do best by stripping the bike for its components and sell it off piece by piece. I think you should be able to get up to perhaps $300 in parts and components. Don't be too greedy, you have a lot of rust.

Disassembly also guarantees to a buyer that all the parts are free, and not stuck.
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Old 12-23-19, 05:06 PM
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I just came across this ad on Craigslist, and thought that the pricing was *extremely* optimistic.

I'm no vintage bike pro (though I've fixed up a few vintage bikes in my time), and like others have said, this one looks like a project, and not a small project. IMO, a complete overhaul would be needed to get anywhere close to $1000. $200 seems more reasonable if the right buyer can be found.
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Old 12-24-19, 12:13 PM
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Read this post for in this sub-forum for "A" Dose of Reality: Post Bikes You Have Sold in 2019 with pricing!
Your bike in the condition that it is in would have been way over priced even a few years ago.
JMO, Ben
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Old 12-25-19, 05:28 PM
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I would love to find a Woodrup in my size. I’d pass on this bike though unless it was priced at around the value of the parts. The replacement fork kills the value of the bike.
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Old 12-30-19, 06:28 PM
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Size is a good point. That bike appears to be a rather large size so your potential interested audience would be further reduced.
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