Investment opportunity on eBay mega collection
https://www.ebay.com/itm/13408645595...e60c%7Ciid%3A1
Huge collection available for sale. Looks like he has really nice stuff. Group buy :) Over 100 bikes, look like 53-55 cm range. Speedplay Zero rider, he must have about twenty sets of pedals. |
When I check the link an eBay message popped up: NO LONGER LISTED!
verktyg :50: |
Originally Posted by verktyg
(Post 22473514)
NO LONGER LISTED!
verktyg :50: |
I think it still available. The bikes look to be 54s. My wife's size. Mother's Day?:rolleyes:
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The best part is the $50 to view the collection. If you want to view my collection, I'll only charge $49.99.
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Originally Posted by iab
(Post 22473529)
The best part is the $50 to view the collection. If you want to view my collection, I'll only charge $49.99.
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From the ad:
Sale Ends: 4/24, 6:57PM Free local pickup from Atlanta, Georgia, United States. The whole collection is to be sold en masse. Any offers will be considered to apply to the total collection which would be picked up and removed on the day(s) of the sale. No way could I complete a sale at 6:57 PM. Hop on a plane and arrive in Georgia. And, get a collection of 100+ bikes & supplies safely packed, loaded, and gone... All before midnight. And, of course with time zone differences, the sale ends at 9:57 PM in Georgia. |
:eek: :twitchy:
https://cimg5.ibsrv.net/gimg/bikefor...a367d587d.jpeg https://cimg6.ibsrv.net/gimg/bikefor...955b49f8e.jpeg https://cimg7.ibsrv.net/gimg/bikefor...dbe88ce88.jpeg you can view my collection for $19.95 and the premium package at $27.95 includes a cocktail |
Originally Posted by jdawginsc
(Post 22473548)
I just told my son I think that is a deterrent to not serious buyers. I’ll bet the person doesn’t take the money from those who paid.
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Originally Posted by Bianchigirll
(Post 22473571)
you can view my collection for $19.95 and the premium package at $27.95 includes a cocktail
:) |
Uhmmm.... Just 20 cents on the dollar, he'll be making??
I wonder what might have triggered the sale...... And how does one take delivery of such a purchase?...... Semi truck + container?? |
Originally Posted by iab
(Post 22473581)
While I am not a player for this deal, I do know potential buyers. So by definition, I am a tire kicker. Excluding me to determine legitimacy of this collection shuts out a potential sale. Why would anyone want to do business at that level with someone without a sense of business? Nickel and diming? Screening tire kickers can be done without a stupid monetary penalty.
That’s just the vibe I get from the copy in the ad. |
Originally Posted by jdawginsc
(Post 22473597)
Didn't say it was right, just that he doesn’t want to deal with no shows, low ballers, single purchasers.
That’s just the vibe I get from the copy in the ad. |
Originally Posted by iab
(Post 22473583)
How dare you undercut my deal!!!!
:) the bike museum business is pretty cutthroat |
Wow good luck with this kind of incentive:
I will allow individuals (two at a time maximum) to schedule an hour on my premises for the non refundable fee of $50. Maybe try finding possible buyers and paying them to look and wine'ing and dine'ing hint hint ;) |
Originally Posted by Bianchigirll
(Post 22473571)
:eek: :twitchy:
you can view my collection for $19.95 and the premium package at $27.95 includes a cocktail |
If we're gonna do a group buy, let's see if we can gather $50 first and I'll go take a look at 'em. Actually $55, so I can get $5 for gas.
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1983 cut-off must be a Classic Rendezvous devotee
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All too small for me, otherwise could be a playa. Looks like a nice group of rides.
Bet someone like Steel Vintage Bikes steps in and picks up the whole caboodle. |
If you're going to spend at least $50,000 (starting bid) and pay to transport and store a bunch of old bikes then paying 0.1% of that cost to take the time to figure out if it is worthwhile isn't an impediment for a real buyer.
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Hmmm...vague description of what I get for my 50k, charge me 50 bux for the opportunity to ask in person what exactly I'm getting (apparently worth 5x what he's asking here) for my money.
At a minimum he could've listed year/make/model of all the built-up bikes; looks to be less than 30? But yeah, this'll prolly be picked up by a retailer like Pro's Closet or some such after a great deal of haggling. DD |
Sounds fishy to me. Might be just someone w/o any marketing skills. Why no detailed list of what's in the package? Pix look interesting, but could be from someone else's collection.
Cheers, Van |
These kind of collections pop up from time to time. I remember a temple shaped collection being sold in Italy a few years ago.
Originally Posted by Chombi1
(Post 22473586)
Uhmmm.... Just 20 cents on the dollar, he'll be making??
I wonder what might have triggered the sale...... And how does one take delivery of such a purchase?...... Semi truck + container?? I can't tell how many rooms are represented, but agree with another poster that there don't appear to be more than about 50 whole bikes. If one is buying and breaking collections, then it may well mean stripping each bike and selling off the components. And to valuate the collection, one would need a very detailed description of everything that is included. It is probably too much for a single U-Haul or Ryder truck. So, probably a semi or moving company. But, personally if I was to buy it, I'd be involved in the boxing and packing of the collection |
I'd be pretty surprised if he gets more than $25k for the lot.
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Seller is not willing to post to Australia, so I’m out.
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A Friend Passed Away In January...
After re-reading the re-worded eBay listing, The seller valued his collection of 100+ bikes at $250k. Allowing for parts, components, tools and such, that's about $2000 to $2250 a bike - debatable.
At $50k for the whole lot that comes out to ~$450-$475 a bike which seems very reasonable. The terms of the sale are not. There are probably only a few buyers who could chunk down that much $$$ and meet the requirements of the fire sale! An old out of state friend passed away back in January. He had quite a collection: 3 Lance Armstrong Team Motorola bikes with provenance, an Alexi Grewal Crest Team bike, A number of track bikes raced in the 1936 Olympics. a REAL Draisine, some penny farthings plus a lot of other old bikes that could be valuable to the right collector. There's also stacks of junk like cheap old 1970's sewup wheels and so on. He had no beneficiaries. His former paramour is his executor. She's been a cyclist and is in town to liquidate everything. I put her together with a well known collector who was prepared to fly in, lay a bunch of Uncle Bens on the table, rent a truck and haul everything off. She did a video walk through call with him and was reading off a list of retail prices my friend had put together. The potential buyer was polite but never got back to her.... I told her that yes some of the bikes are worth a lot but unless a buyer is well connected to the right collectors much of it is just a pile junk. I also suggested if someone offered her $15-$20k and hauled everything off, take it! It cost her ZERO!!! All the $$$ is going to her... She's a bit of a mule head... My benefactress thinks that she may be in the same situation. Except, everything is in a trust except my bike collection. I told her what it could be worth and she started pushing me to get rid of all of them. We had a come to someone meeting where I explained that the bikes were MY COLLECTION that I would sell off as I saw fit and that I would give her the names of at least 3 people who would come in and give her $.20 to $.30 on the dollar if I checked out. They cost her NOTHING and it would be free $$$ to her!!! Take the money and run! Moral of the story: keep an inventory with what you paid and what you think your bikes are worth (good for insurance too). Then hope your significant other doesn't sell them for what they thought YOU paid for them... :innocent: verktyg :50: |
Originally Posted by Drillium Dude
(Post 22473858)
Hmmm...vague description of what I get for my 50k, charge me 50 bux for the opportunity to ask in person what exactly I'm getting (apparently worth 5x what he's asking here) for my money.
At a minimum he could've listed year/make/model of all the built-up bikes; looks to be less than 30? But yeah, this'll prolly be picked up by a retailer like Pro's Closet or some such after a great deal of haggling. DD |
Of course, it could be he is a collector who had no clue he would have to sell the collection and had to scramble.
$50000 for 100 bikes is 500 a pop, right? More likely it also includes frames since we can only see about 40-50 bikes. its just weird. |
Originally Posted by ctak
(Post 22473914)
I'd be pretty surprised if he gets more than $25k for the lot.
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Personally, I find collections of this size a little...excessive. I would be more inclined to switch bikes every so often as opposed to hoarding 50 - 100 bikes. I honestly get a little exasperated keeping my five bikes all ready to roll. For me I guess it's just the amount of disposable time...or the lack of. I would just rather ride the bikes.
As for the sellers stipulations of removing the bikes on the day of the sale, that looks to be quite the under taking. Not only should the potential buyer factor in the cost of a semi truck they'll need to haul the collection away, but also a team of people to inventory, move and pack. That's a lot of bike boxes to round up. |
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