In my opinion, this bicycle would be worth less than $100. The frame could be cleaned up and used, but the bicycle as a whole would require a complete restoration, many hours of work, and many parts. Five years ago, someone gave me a similar bike that they had sitting in their garden for decoration after I promised to restore it. It took me several weeks of work in my spare time and I had to replace all of the chrome parts, rims, seat, etc. I painted it and pin striped it as per the original. I even restored the Edmonton bicycle license plate on it. I had to cut the forks to remove them and replaced them with another pair. Anyone who takes on the task of restoring a bicycle in this condition has to be very dedicated, especially considering that it is not that difficult to find similar bicycles in much better condition at a reasonable price.
Submitted by Wayne.Gillies on Tue, 03/17/2015 - 15:56.
I agree with John as to the value as a whole. The wartime aluminum pedals made by the company that built the Gibsons are worth more than the entire bike, IF you can find a motivated buyer. In my neck of the country (NS) a parts bike for sure, from which you would realize more for the parts.
Heed Johns advice WRT restoring something like this. Heartache and more $ than its worth.
The other option, if you can get it apart, is to clean it , grease/oil moving parts, hubs and Ride it, . The Rat Rod look is in vogue
Submitted by cruisersbylou on Tue, 03/17/2015 - 23:11.
I agree with Wayne and John everybody thinks every old bike is worth a fortune just because its old. We can thank Feebay for that partially. I had a similiar situation happen to me the guy had a1926 Cleveland very few original parts left on the bike. I offered 100 quid just for the frame and he figured it was worth more. I just balked on it as he figured it was gold.
1936 Thanks Gt
In my opinion, this bicycle would be worth less than $100. The frame could be cleaned up and used, but the bicycle as a whole would require a complete restoration, many hours of work, and many parts. Five years ago, someone gave me a similar bike that they had sitting in their garden for decoration after I promised to restore it. It took me several weeks of work in my spare time and I had to replace all of the chrome parts, rims, seat, etc. I painted it and pin striped it as per the original. I even restored the Edmonton bicycle license plate on it. I had to cut the forks to remove them and replaced them with another pair. Anyone who takes on the task of restoring a bicycle in this condition has to be very dedicated, especially considering that it is not that difficult to find similar bicycles in much better condition at a reasonable price.
John Williamson
I agree with John as to the value as a whole. The wartime aluminum pedals made by the company that built the Gibsons are worth more than the entire bike, IF you can find a motivated buyer. In my neck of the country (NS) a parts bike for sure, from which you would realize more for the parts.
Heed Johns advice WRT restoring something like this. Heartache and more $ than its worth.
The other option, if you can get it apart, is to clean it , grease/oil moving parts, hubs and Ride it, . The Rat Rod look is in vogue
definately a parts bike IMO, i would also believe it's worth around $75-$100 for a local buyer
re-chroming this bike would cost a fortune
I agree with Wayne and John everybody thinks every old bike is worth a fortune just because its old. We can thank Feebay for that partially. I had a similiar situation happen to me the guy had a1926 Cleveland very few original parts left on the bike. I offered 100 quid just for the frame and he figured it was worth more. I just balked on it as he figured it was gold.
Thanks very much for all the info. I kinda figured as much. I'm in Saskatchewan and would take the $75 if anyone was close enough and interested.
Where in Sask are you at ?