Please Stop Being So Cheap!
#76
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I consider very high and very low selling prices to be outliers, the selling/buying will almost always follow some sort of a bell curve and be in the middle. Sometimes when folks are offering an opinion on a bike one may make a statement "I just bought one for XYZ", either a high or low number.
IMO, it boils down to 3 things....how wide of an audience does the seller want to include in the sale (Local vs. E.B) whether or not they are willing to breakdown, pack and ship and what the buyer is willing to pay and how long they are willing to wait.
The only way to test the market and the value of the bike as others have said is to put the higher valuation on the bike and see if it sells. if it does great, if it doesn't, then hold it, and wait for the "right" buyer .....or lower the price untill it sells. The market value at a given point in time.
I hope that the OP will report back to us with the selling price on the bike.
BTW ,high valuations can do the same dis-service to a new/uniformed seller, setting an expectation that might not be realizable.
FWIW, JMHF(free)O, Ben
IMO, it boils down to 3 things....how wide of an audience does the seller want to include in the sale (Local vs. E.B) whether or not they are willing to breakdown, pack and ship and what the buyer is willing to pay and how long they are willing to wait.
The only way to test the market and the value of the bike as others have said is to put the higher valuation on the bike and see if it sells. if it does great, if it doesn't, then hold it, and wait for the "right" buyer .....or lower the price untill it sells. The market value at a given point in time.
I hope that the OP will report back to us with the selling price on the bike.
BTW ,high valuations can do the same dis-service to a new/uniformed seller, setting an expectation that might not be realizable.
FWIW, JMHF(free)O, Ben
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#77
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And what's the big deal with keeping this thread open?
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#78
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To be fair, I did consider going back and editing my comment on the Raleigh post to make it clearer that my opinion was simply that, an opinion based on what I see bikes in my area being offered for but didn't get around to it. And I will admit that after looking at it a bit closer I would probably be willing to pay more than I had stated if I was looking for a bike and I can see where someone wanting this particular make and model paying even more. But I also asked the OP of that thread which side of the fence he was on, buyer or seller and they never replied. A buyer's offer and a sellers ask are usually two different numbers. If I had to guess by the photos, the OP of the thread was a potential buyer as I would hope a seller would take better photos (but maybe not).
But Killroy, you would also probably agree that the bike in the other thread was not on par with the eBay sale you cited. Although the eBay sale I suppose would help a flipper decide if it was worth the investment.
But Killroy, you would also probably agree that the bike in the other thread was not on par with the eBay sale you cited. Although the eBay sale I suppose would help a flipper decide if it was worth the investment.
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#80
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^
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#81
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E: Also, it's not a big deal to buy any bike. It's a big deal to cry about the bad advice you're giving on a free forum.
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#86
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Yeah, pretty great, certainly entertaining. Never heard of the bike either and I wouldn't give a plug nickel for one. But I understand that is not a valuation. Many here don't.
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#89
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OP makes a compelling case.
As a service to this community, I will post grossly inflated and unrealistic internets estimates, thereby perfectly offsetting the low ballers and allowing Enquiring minds to know exactly how large their income will be.
As a service to this community, I will post grossly inflated and unrealistic internets estimates, thereby perfectly offsetting the low ballers and allowing Enquiring minds to know exactly how large their income will be.
#92
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Appraisals from previous threads on Raleigh Portage. I thought this was a bit fun.
Top of the line factory vintage 650b touring bike. I feel the value estimates are low. (SAID IN RESPONSE TO ABOVE APPRAISALS) Nothing unusual about the wheels either, appear to be factory spec. Deal with the rust properly, toss it on Ebay for $600. You'll wait, but a buyer will come along who knows what it really is.
Portages just like this, and often in the 25 inch size (which this obviously is) often sell for around $1,000 on Ebay.
I'd personally buy this bicycle for several hundred dollars without a second thought, were I in the market for something like it just now! And I'm sure someday I will be..
I'd personally buy this bicycle for several hundred dollars without a second thought, were I in the market for something like it just now! And I'm sure someday I will be..
.
...they are noted by many as excellent touring bicycles. Values on good quality touring bikes like this are all over the map, and the Portage is only well known among aficionado sorts. But even without photos, if the paint and decals are good, and the tyres, brake blocks, etc don't need replacement, probably $3-400 (American) each where I live in Northern California (but not a quick sale at much over $300).
...they are noted by many as excellent touring bicycles. Values on good quality touring bikes like this are all over the map, and the Portage is only well known among aficionado sorts. But even without photos, if the paint and decals are good, and the tyres, brake blocks, etc don't need replacement, probably $3-400 (American) each where I live in Northern California (but not a quick sale at much over $300).
#95
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Is the fact that I like to point out that there's potential for some decent money from a bicycle that has a proven track record of selling for decent money somehow abhorrent?
-Gregory
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Yeah, I personally only comment on appraisal threads for bicycles I actually watch the market for. Hence my finally bringing this up. I have seen and continue to see (witness last week's auction) Raleigh Portages sell for $1,000+. Someone here literally said they sold theirs for $1,000.
Is the fact that I like to point out that there's potential for some decent money from a bicycle that has a proven track record of selling for decent money somehow abhorrent?
-Gregory
Is the fact that I like to point out that there's potential for some decent money from a bicycle that has a proven track record of selling for decent money somehow abhorrent?
-Gregory
I am thinking that each of those appraisal threads have different opinions about values as well, right?
The OP could have seen the different ways that a value was determined as a springboard to their own thoughts on what they should sell or buy it for.
Did the OP definitively say they were looking to sell the Portage?
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1987 Crest Cannondale, 1987 Basso Gap, 1992 Rossin Performance EL, 1990ish Van Tuyl, 1985 Trek 670, 1982 AD SLE, 2003 Pinarello Surprise, 1990ish MBK Atlantique, 1987 Peugeot Competition, 1987 Nishiki Tri-A, 1981 Faggin, 1996 Cannondale M500, 1984 Mercian, 1982 AD SuperLeicht, 1985 Massi (model unknown), 1988 Daccordi Griffe , 1989 Fauxsin MTB, 1981 Ciocc Mockba, 1992 Bianchi Giro, 1977 Colnago Super
#97
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But honestly, couldn’t you have simply disagreed with the opinions in the “valuation” thread, and given a different perspective based on the EBay comps?
...The OP could have seen the different ways that a value was determined as a springboard to their own thoughts on what they should sell or buy it for.
...The OP could have seen the different ways that a value was determined as a springboard to their own thoughts on what they should sell or buy it for.
-Gregory
#98
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- Elliot Teichberg
#99
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Xiaoman1/Ben, How do you build a valid bell curve out of 3 sales in a year? (My guess is that you know the answer to that question....).
I can understand loving a grail bike, and beauty is in the eye of the beholder, but my quick review of ebay a moment ago says a buyer could have gotten a better bike for less money. The better bike might not actually be better for someone who wanted a Portage.
I can understand loving a grail bike, and beauty is in the eye of the beholder, but my quick review of ebay a moment ago says a buyer could have gotten a better bike for less money. The better bike might not actually be better for someone who wanted a Portage.
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People in collectors markets across the internet know well enough that everything on eBay sells for higher prices than you’ll get elsewhere. The best we can do in something like the C&V appraisals forum is assume those asking about their bikes at least know that much. We can’t do all the work for them.
We would also be doing a disservice to continue influencing people that bikes like a Raleigh Portage should sell for $1800. That’s a disservice to everyone interested in purchasing these bikes. Both sides of the coin are equally important for any collectors hobby. Do we want to shoot oursleves in the foot by continuing to influence eBay markups?
The appraisals forum does a good job, imo, of appraising something for the C&V sales forum, offerup, and Craigslist. eBay is an outlier and it’s own beast entirely. And eBay users can simply look up old auctions for a valuation if they care to go that route.
In my opinion, as hobbyists who really care about this thing and are not looking to just totally milk it for money, it’s our job to offer fair prices for the community to keep this hobby accessible.
We would also be doing a disservice to continue influencing people that bikes like a Raleigh Portage should sell for $1800. That’s a disservice to everyone interested in purchasing these bikes. Both sides of the coin are equally important for any collectors hobby. Do we want to shoot oursleves in the foot by continuing to influence eBay markups?
The appraisals forum does a good job, imo, of appraising something for the C&V sales forum, offerup, and Craigslist. eBay is an outlier and it’s own beast entirely. And eBay users can simply look up old auctions for a valuation if they care to go that route.
In my opinion, as hobbyists who really care about this thing and are not looking to just totally milk it for money, it’s our job to offer fair prices for the community to keep this hobby accessible.
Last edited by polymorphself; 06-27-22 at 10:58 PM.
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