Tuesday, February 10, 2009
Why Your Old Bike Isn't More Valuable (Yet)
Just came across this interesting essay that talks about the time between when an object is new, and when it becomes valuable as "vintage" or "antique." I have happily exploited "The Trough" in old bike value, and in fact, the distinct lack of collector value of most of my bikes is the main reason this is called the "Old" Bike Blog, and not the "Vintage" or "Classic" or "Antique" Bike Blog. What I find interesting, of course, is that the use value of an old bike never declines (unless through mechanical problems), it's just that the perception of that value changes over time.