Thanks to everyone who responded regarding the value of a rusty but fairly
original and maintained Midget Mk. I. The consensus is that $3200 is
monumentally overpriced. I thought as much. Estimates ranged from $900
to $1800. For $900 I would buy it, just because it's cute and I know how
to repair the rust (at least I would buy it if the spring boxes were still
usable). For $1800 I would pass. For $3200, I figure some poor sod is
probably going to come along and get took.
I was asked by an acquaintence who regularly buys and sells lbcs to
suggest a selling price for a bugeye he had bought. It consisted of
bondo, undercoating, and lots of sheet metal and rivets all covered by
1/16th inch of the shiniest red paint you ever saw. I told him maybe
$2500. I think he sold it for about twice that. The new owner proudly
showed me his purchase, then asked if I had a spare set of top bows.
He'd paid $4 or $5K and a top wasn't included.
So I wouldn't bet against this guy getting $3200, but he won't get it
from me.
Ray Gibbons Dept. of Molecular Physiology & Biophysics
Univ. of Vermont College of Medicine, Burlington, VT
gibbons@northpole.med.uvm.edu (802) 656-8910
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