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radiorental | 2 years ago

Here's a youtuber picking over the auction. You'll get to see the outside of the repurposed Walmart 'national museum', auction process and some really unique bikes. https://www.youtube.com/watch?v=DnX7hkZzLQ0

I get the feeling bikes in the last 5 years have turned into investment vehicles (pun intended) like rare bottles of wine and art. Often by people who have no personal interest in the chosen market, just a place to park money (again with the puns)

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hengheng|2 years ago

Always weird to me what goes up in value, and what does not.

1968 Porsche, low-end model? 300k. Dakar winning motorcycle? 15k.

Steel Rolex with scratches? 30k. Early digital quartz watches? 300.

Personally I am waiting for a few things to blow up. Palm Treo and Blackberry phones, Nokia fashion phones (think 7260), and weird Sony cameras (dsc-f828). Immensely hard to predict, but fun nonetheless.

fergie|2 years ago

To be fair though- that guy definitely has a genuine interest in bikes, and the prices are way lower than for classic cars.

radiorental|2 years ago

All true, there was a few comments from other parties in that video where they noted a significant number of bikes were going for 2-3 times expected. Either there's a bubble in the rare bike market or an influx of money looking for somewhere to park.

natmaka|2 years ago

Electric bikes will catch up, it will be quick. The value of some ICE bikes will then skyrocket, as the usual nostalgia picks up: we remember those old bikes as 'full of character', even if quite objectively these 'character' element were mere defects.

I_Am_Nous|2 years ago

"Remember when bikes used to vibrate the bolts loose constantly? Ah good times..."