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Lugged Franklin -- What's it worth?(7 posts)

Lugged Franklin -- What's it worth?jtolleson
Aug 25, 2002 4:56 PM
I have a friend with a bike she may be wanting to unload and I've kinda been drooling over, but only for retro work-of-art purposes (ie., not to be my main ride)

It is a Franklin, mid 80s model. A thing of beauty from a now defunct (I think) smaller builder. The lugs are mini works of art; chrome chain stays. I'm draw to it for its retro artsiness. She does not know the tubeset.

She updated it about 2 seasons ago with a full Ultegra kit (including Ultegra hubs on OP rims) but frankly the componentry isn't that important to me. I'd still be looking to buy it with downtube shifters.

My concern is that I want it for collector fun, or bike path rides... She may have a vision that the Ultegra buildout and pristine condition makes it worth something more competitive with late model Ultegra equipped bikes (which is probably more than I'll be inclined to offer).

Any of you retro fans have a clue what would be fair to all parties here?
What's wrong with just being direct?Spoke Wrench
Aug 26, 2002 4:51 AM
You're buying "art" and you think she might think that she's selling a tool. So what's the "art piece" worth to you? The bike's fair value, as art, has nothing to do with the cost of the components just as the price of a painting has nothing to do with the cost of paint and canvas.

I'd just tell her why I want the bike and what I was willing to pay. If she is OK with that - fine. If she's not willing to sell it for that price, then I think she might need to find a different kind of buyer.
What's wrong with just being direct?jtolleson
Aug 26, 2002 8:01 AM
A perfectly good point. We both kind of looked at each other like "hmmmm." I don't want to be insulting but your point is well taken.
good condition?ColnagoFE
Aug 26, 2002 6:15 AM
A 20 year old steel bike is bound to have some rust and chrome damage. I'd say unless it's been sitting in a garage for 20 years and rarely ridden that a couple hundred bucks are probably the most I'd offer and that's if it was in great condition--mainly I'd be wanting it for the frame.
good condition?jtolleson
Aug 26, 2002 8:03 AM
I don't have x-ray vision, though part of the bike's appeal is the absolute pristine (visually, anyway) condition of the paint (all the way down to hand detail on the lugs) and the chrome. It has been stored inside, but I think ridden plenty. Until she bought a Litespeed Ultimate a few seasons back it was her regular road ride, which is one reason why I'm amazed that the paint is so perfect.
re: Lugged Franklin -- What's it worth?critmass
Aug 26, 2002 8:41 AM
Talk to or send an email to Jeff at First Flight Bicycles in Hickory NC. He can tell you the tubing used and what it's worth. Recently he had an 82 Franklin tandem for sale for $950.
704.878.9683 jeff@firstflightbikes.com
Crit mass, You rock! (nm)jtolleson
Aug 26, 2002 9:02 AM