Value of Paramount?
#1
Newbie
Thread Starter
Join Date: Jun 2016
Posts: 3
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 1 Post(s)
Likes: 0
Liked 0 Times
in
0 Posts
Need help with a Paramount
This bike was my brother in-law's he recently passed so i'm looking to sell it to help out my sister. Need help identifying the serial no. and current market value? see pics and thank you so much in advance for the help!
#2
Newbie
Thread Starter
Join Date: Jun 2016
Posts: 3
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 1 Post(s)
Likes: 0
Liked 0 Times
in
0 Posts
Value of Paramount?
This bike was my brother in law's he recently passed so i'm trying to help my sister out by getting it appraised. Need help finding the serial no. and current market value. Thanks in advance for all your help!
#3
Forum Moderator
Join Date: Jul 2007
Location: Kalamazoo MI
Posts: 20,650
Bikes: Fuji SL2.1 Carbon Di2 Cannondale Synapse Alloy 4 Trek Checkpoint ALR-5 Viscount Aerospace Pro Colnago Classic Rabobank Schwinn Waterford PMount Raleigh C50 Cromoly Hybrid Legnano Tipo Roma Pista
Mentioned: 59 Post(s)
Tagged: 0 Thread(s)
Quoted: 3090 Post(s)
Liked 6,596 Times
in
3,782 Posts
In my area, $250-$300
__________________
#4
Senior Member
Join Date: Oct 2011
Location: Fairplay Co
Posts: 9,519
Bikes: Current 79 Nishiki Custum Sport, Jeunet 620, notable previous bikes P.K. Ripper loop tail, Kawahara Laser Lite, Paramount Track full chrome, Raliegh Internatioanl, Motobecan Super Mirage. 59 Crown royak 3 speed
Mentioned: 26 Post(s)
Tagged: 1 Thread(s)
Quoted: 790 Post(s)
Liked 1,767 Times
in
635 Posts
I would say around $250-300 also. Nice bike but this is a late 80's PDG base model built in Japan so no were near the value of some of the US built Paramount's. As for the serial number most Japanese built bikes have the serial number on the under side of the Bottom Bracket, flip the bike over and it should be between the crank arms.
#5
Senior Member
Join Date: Mar 2015
Location: Western MI
Posts: 2,770
Mentioned: 45 Post(s)
Tagged: 0 Thread(s)
Quoted: 656 Post(s)
Liked 469 Times
in
302 Posts
I hear these PDG bikes ride very nice and yours appears to be in great shape. I wish I could tell you it would bring $400+ but they just don't. I think the abovementioned estimates of $250-$300 are right.
#6
Decrepit Member
Actually, it was the PDG Series 7 OS and PDG Series 5 OS Paramounts that were built in Japan by National/Panasonic. The lower end PDG Series 3 OS and PDG Series 2 OS Paramounts were built initially by A-Pro (Taiwan) and later in mainland China.
I would also estimate FMV of a Series 2 OS Paramount in excellent condition at ~$250-$300.
I would also estimate FMV of a Series 2 OS Paramount in excellent condition at ~$250-$300.
#7
Thunder Whisperer
Join Date: Apr 2008
Location: NE OK
Posts: 8,843
Bikes: '06 Kona Smoke
Mentioned: 6 Post(s)
Tagged: 0 Thread(s)
Quoted: 275 Post(s)
Likes: 0
Liked 6 Times
in
2 Posts
Welcome to Appraisals from the main C & V.
__________________
Community guidelines
Community guidelines
#8
Banned.
Join Date: Jul 2009
Location: PAZ
Posts: 12,294
Mentioned: 255 Post(s)
Tagged: 0 Thread(s)
Quoted: 2588 Post(s)
Liked 4,824 Times
in
1,709 Posts
Maybe $250 - $300 or maybe even less given the lower-end components. The wheels, for example, are Schraeder-valved and something is going on with the tube on the front wheel. Also, you might want to remove the black T-shirt (or whatever that is) obscuring the seat, seatpost and seatlug. I can't for the life of me understand the purpose of leaving that on there for your pics
DD
DD
#9
Forum Moderator
Join Date: Jul 2007
Location: Kalamazoo MI
Posts: 20,650
Bikes: Fuji SL2.1 Carbon Di2 Cannondale Synapse Alloy 4 Trek Checkpoint ALR-5 Viscount Aerospace Pro Colnago Classic Rabobank Schwinn Waterford PMount Raleigh C50 Cromoly Hybrid Legnano Tipo Roma Pista
Mentioned: 59 Post(s)
Tagged: 0 Thread(s)
Quoted: 3090 Post(s)
Liked 6,596 Times
in
3,782 Posts
Identical threads merged into one.
__________________
#10
Senior Member
I don't completely agree with these low price appraisals. It looks like it's in fine shape, good paint job, and, it's very large. You should start at closer to $500 and be willing to take less (best offer).
#11
Still learning
$500 is dreamland and few buyers looking on CL want to spend that much. $500 also begins to compete with Waterford Paramounts.
Your bike is clean and well presented, but Shimano Exage 500 components with downtube shifters don't excite the soul. Location makes a difference on bike values too. Looking at the weeds, I'd say you're in the upper midwest or northeast US.
Having followed the Schwinn road bike market pretty closely, I think a value of $350 +/- 10% is about right for a local sale. Below is an asking price comp as well as sold comp, a partial Campagnolo equipped bike.
Shimano 105 Group - better/newer than Exage 500
90's Schwinn Paramount PDG Series 57 Cm | eBay
Campagnolo (SR RD) + Shimano 600 = chipped paint, dirty, and heavily used.
90's Schwinn Paramount PDG Series 57 Cm | eBay
Your bike is clean and well presented, but Shimano Exage 500 components with downtube shifters don't excite the soul. Location makes a difference on bike values too. Looking at the weeds, I'd say you're in the upper midwest or northeast US.
Having followed the Schwinn road bike market pretty closely, I think a value of $350 +/- 10% is about right for a local sale. Below is an asking price comp as well as sold comp, a partial Campagnolo equipped bike.
Shimano 105 Group - better/newer than Exage 500
90's Schwinn Paramount PDG Series 57 Cm | eBay
Campagnolo (SR RD) + Shimano 600 = chipped paint, dirty, and heavily used.
90's Schwinn Paramount PDG Series 57 Cm | eBay
#14
Newbie
Thread Starter
Join Date: Jun 2016
Posts: 3
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 1 Post(s)
Likes: 0
Liked 0 Times
in
0 Posts
FYI i have it listed on CL for $300. I think that's a very fair price for this bike in this nice condition. Just throw on new tires/tubes give her a quick tuneup and you got yourself a solid racer!
Last edited by cb400bill; 07-04-16 at 06:06 AM. Reason: offering to sell.
#16
Senior Member
Join Date: Aug 2008
Location: SoCal
Posts: 2,694
Bikes: A few BSO's.
Mentioned: 4 Post(s)
Tagged: 0 Thread(s)
Quoted: 164 Post(s)
Likes: 0
Liked 55 Times
in
27 Posts
Have you read the rules for posting here? There is a separate paid section for selling your stuff.
Last edited by cb400bill; 07-04-16 at 06:07 AM. Reason: clean up
Thread
Thread Starter
Forum
Replies
Last Post
CTony
Classic and Vintage Bicycles: Whats it Worth? Appraisals.
2
08-22-19 08:44 PM
raverson
Classic and Vintage Bicycles: Whats it Worth? Appraisals.
3
05-27-18 03:03 PM
rickandroo
Classic and Vintage Bicycles: Whats it Worth? Appraisals.
18
09-25-12 06:39 PM
bicycleseat
Classic and Vintage Bicycles: Whats it Worth? Appraisals.
1
05-10-10 08:20 PM
steelebie
Classic and Vintage Bicycles: Whats it Worth? Appraisals.
0
03-10-10 01:58 PM