Is the serial number still legible? That will tell us the year and the builder's number according to CR:
Mercian frame numbering consists of the number of the frame built that year followed by the year of manufacture, sometimes this system was reversed to have the year of manufacture first.
For instance 26876 would be the 268th frame built in 1976, so obviously your frame wasn't built in 1933 or 1937, also there should be a single number near the main frame number denoting the builder of the frame
Originally Posted by
obrentharris
That's the nicest $2 bike I've ever seen!
That's New Zealand dollars which equates to about 50c USD.