Prices also vary considerably even when buyers and sellers are well versed in the field. Such a mistake is common with production bikes that were originally expensive but in reality were rather mediocre If an older bike is well abused but the seller thinks it is a much better bike than it really is, then the price may be way too high. Sometimes, though, they make the opposite mistake. In such a circumstance, the price it is advertised at may be far below current market levels. Instead, many buyers and sellers enter the market only once - i.e., to sell an older bike they have had for years and are now getting around to selling. If somebody were to call a few people who deal in vintage lightweights, or perhaps ask a VRBN subscriber, then they would have a reasonable amount of market knowledge. Often, that is the result of a lack of market information. If there is one notable feature to the vintage lightweight racing bicycle market it is the variability of prices. Also see the article on this site about buying and selling bicycles and bicycle equipment.
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