Is this guy tripping?
#1
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Is this guy tripping?
Am I missing something here? I love my Paramount, but really? Is the 50th anniversary edition really worth this? Never been ridden, but has a few scratches, needs brake hoods, doesn't appear to even have tires... c'mon!
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Zero bids say a lot. A bike is worth what someone will pay for it. I remember the guy who tried to sell Eddie Munster's bike for $25,000. He received zero bids. Or the dude who tried to sell a Schwinn Manta Ray with a bent frame as a rare factory mistake. No bids.
Let's see what happens.
Let's see what happens.
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There have been a number of those listed over the past year or so, and noted here. The asking prices are usually very optimistic, to say the least. I personally think the combo is a gaudy cliche, but that's me.
#9
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AS time goes on and our dollar is worth less and less, it'll absolutely be worth $6K. It's probably not worth that right now. Those groups, while collectable, aren't truly rare; I know of someone sitting on a dozen of them, many with low numbers. The frame is fairly uncommon, and they're pretty nice. In this economy though, it's probably worth half of that starting price.
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nice lugs baby!
nice lugs baby!
#10
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I do question the 500 number often assigned to the frames.
#11
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I love my '89 and from the listing description mine is probably in a whole lot better condition than the listed "unridden" bike. Even taking into consideration that mine is the 51st anniversary instead of the 50th, I wouldn't pay anything close to the opening bid. I could be on a Herse or Singer for that.
#12
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The Waterford website Paramount history pages indicate a total 1988 Paramount production of 1400 units, some 600 of which had gold decals, the gold plated fork, and a special fiftieth anniversary certificate.
I agree the $6,000 asking price is way too much, but maybe there's a buyer out there that's also tripping, just has to have an unridden 50th anniversary Paramount with that blingy gold fork, and has the money.
I agree the $6,000 asking price is way too much, but maybe there's a buyer out there that's also tripping, just has to have an unridden 50th anniversary Paramount with that blingy gold fork, and has the money.
#13
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The Waterford website Paramount history pages indicate a total 1988 Paramount production of 1400 units, some 600 of which had gold decals, the gold plated fork, and a special fiftieth anniversary certificate.
I agree the $6,000 asking price is way too much, but maybe there's a buyer out there that's also tripping, just has to have an unridden 50th anniversary Paramount with that blingy gold fork, and has the money.
I agree the $6,000 asking price is way too much, but maybe there's a buyer out there that's also tripping, just has to have an unridden 50th anniversary Paramount with that blingy gold fork, and has the money.
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AS time goes on and our dollar is worth less and less, it'll absolutely be worth $6K. It's probably not worth that right now. Those groups, while collectable, aren't truly rare; I know of someone sitting on a dozen of them, many with low numbers. The frame is fairly uncommon, and they're pretty nice. In this economy though, it's probably worth half of that starting price.
It seems that anything nice on eBay is priced at 2x actual value these days <sigh...>. If it's not nice, it's priced at 3-10 times actual value. What the funk???? Last I looked, the economy still stinks, and unless the item in question is the absolute pinnacle of desireability (some Schwinn-ophiles might argue that this bike is, but I wouldn't), and is quite rare, nothing should be commanding top-Dollar right now.
<rant off>
There, I feel better now. Thank you....
#16
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I would agree with the OP who said, it's worth what somebody will pay for it!
The owner can ask whatever he wishes for it. The market will decide if the price is to high!
The owner can ask whatever he wishes for it. The market will decide if the price is to high!
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Missing is the ultimate justification for outrageous pricing: "would make a totally sweet fixie."
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The Waterford website Paramount history pages indicate a total 1988 Paramount production of 1400 units, some 600 of which had gold decals, the gold plated fork, and a special fiftieth anniversary certificate.
I agree the $6,000 asking price is way too much, but maybe there's a buyer out there that's also tripping, just has to have an unridden 50th anniversary Paramount with that blingy gold fork, and has the money.
I agree the $6,000 asking price is way too much, but maybe there's a buyer out there that's also tripping, just has to have an unridden 50th anniversary Paramount with that blingy gold fork, and has the money.
#20
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#21
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It is potentially a collector's item, and the seller is going to be moved towards feeling out exactly where he/she touches the top of the market for such a thing. It is very likely that the buyer will never ride it. It will be mounted in a collection of similar pieces, or displayed in a prominent place. Bicycles that are treated as art objects are often displayed without tires.
Personally speaking, when I see such things I am reminded of the ever widening gap between the working middle classes and the super-rich of so-called 'first world' countries.
Personally speaking, when I see such things I am reminded of the ever widening gap between the working middle classes and the super-rich of so-called 'first world' countries.
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