Topic: Please don't hate me

[Bankerdanny]

Checking out Craigslist today as I do even though I can't afford to buy squat I see an add from today for a "1969 Honda, runs good".

I click and I am looking at an orange K0 CB750 WITH the 4-4 exhaust, original except for a replacement king/queen seat.

I sent the poster of this K0 CB750 an e-mail telling him/her what it is really worth. Sorry my friends, but I couldn't let this person cheat themselves.

http://chicago.craigslist.org/sox/mcy/3124220691.html

[dave500]

might be a scam?

[Bankerdanny]

That occurred to me too. If I had a spare $1,100 around I would have checked into going to look at it.

[lone*X]

gone already.  What was the asking price?

[lucky]

That was a dumb move bud!!!

Now we will pay through the nose. Just because you did not have any money to buy it does not mean others could not have bought it, and got a good deal.

It was sort of like Since I cannot afford it then NO ONE can have it .

Do you understand now what you did wrong?

And your online name here is BANKER DANNY.  Um hum

Actually I do not hate you.

But I have always hated bankers because they are so selfish. Like the ones that swindled all the money from all the banks and the people of the USA.

[ekpent]

Sandcast for 100.00.

[Dimitri13]

Sandcast for 100.00.

[ofreen]

They say everyone is entitled to their opinion, but sometimes I wonder if it really true.

At any rate, there is nothing wrong with helping someone out by letting them know what something of theirs is worth.  I did something similar one time.  I was in a gunshop when a young couple walked with a couple of guns.  They had belonged to her father who had died recently.  It was plain neither one of them was interested in guns or knew anything about them, they just wanted to know what they were worth.  When I saw the two old Smith and Wesson revolvers I had an idea what they were, so hung around to see what happened.  After a bit, I approached the gal and asked if she minded if I took a look.  My suspicion was confirmed, they were both registered magnums.  Any of you who know Smiths knows what that means.  Suffice it to say the two revolvers were worth a lot of money.  It had become apparent the shop guys weren't going to clue the couple in on what they had.  I think it would have been pretty #$%*ty of me not to step in knowing what I knew.  I am aware the guys at the gunshop may have had a different opinion.

[scottly]

gone already.  What was the asking price?

Gone already? The ad is still up. Asking $1100. What did you tell him it was worth, Danny? Hard to put a value on a bike with such a limited amount of info:

Nice bike runs good tires are a little worn owt good firstbike to lern on

[Damfino]

gone already.  What was the asking price?

Gone already? The ad is still up. Asking $1100. What did you tell him it was worth, Danny? Hard to put a value on a bike with such a limited amount of info:

Nice bike runs good tires are a little worn owt good firstbike to lern on

I get this...

This posting has been deleted by its author.
 
(The title on the listings page will be removed in just a few minutes.)

[Bankerdanny]

Well, then you should be quite happy with me as I, for no reason than because it seemed the right thing to do, may well have helped put substantially more money in somebody else's pocket.

Whomever buys it (assuming somebody didn't snap it up before I sent the message) may still get a good deal, just not as one sided as they would have otherwise.

There is no inalienable right to buy a rare bike at 1/3 of the current market price

[Bankerdanny]

I told him that an  good running original K0 CB750 should go for about 3x what they were asking for it, and if the engine serial number was under ### (I forget the range) that he may have the most desirable CB750 type, a sandcast engine, and it could be worth even more.

I also included a link to the forum and advised him to do some research.

[scottly]

Here's the pic posted; I just now saved it.

[Cvalero]

I'm with lucky on this one. The gunshop analogy does not apply here since they were not asking a set price but were trying to get a fair amount for them.  Am I supposed to turn down any item with a good price and tell the seller they should charge me more? Come on!  That's why we scour craigslist everyday, to find that gem of a deal.

[That 70s Bike]

There is more to these scenarios than intervening on an "uninformed" sellers behalf. I believe the value of collectibles really belongs to the one that held it over the years. Heirs in most cases inherit an unearned windfall but (I agree) it still "belongs" to them. However, where is the responcibility of the grantor to make the value known, or it finally rests with the heir to exercise due diligence to find out. If they are negligent then good samaritans can't always save them. Remember "caveat emptor"? Buyer are told to beware, well sellers also need to beware.
The only reason prices on collectibles keeps climbing is people with more money than others want them. The sandcast case is inferior to the pressure molded cases but people with more discretionary money want one so they become more valuable as an investment.
I would like to score one cheap, not for the resale value, just because I'm sucked in to the hype too! I could die having owned a "sandcast" and if they fell out of vogue & my heirs couldn't capitalize on that, well, they didn't earn it.

[That 70s Bike]

Here's the pic posted; I just now saved it.

pic date 6/11/2010, I bet it's correct, pass the popcorn.

[scottly]

Here's the pic posted; I just now saved it.

pic date 6/11/2010, I bet it's correct, pass the popcorn.

Hmm, I don't see the date? BTW, the link to the ad still works.
The bike is Not original, with that seat, there is no mileage listed, and there is no real evidence it is a sandcast. All the seller states is the tires are worn "owt". That alone is a red flag, IMHO. Anyone remember the "free" bike on CL a while ago? Turned out the pic was gleaned off the net...

[ofreen]

I'm with lucky on this one. The gunshop analogy does not apply here since they were not asking a set price but were trying to get a fair amount for them.  Am I supposed to turn down any item with a good price and tell the seller they should charge me more? Come on!  That's why we scour craigslist everyday, to find that gem of a deal.

Sure, keep looking for good deals.  Why not?  But berate someone for trying help someone else out?  Why do that?

[That 70s Bike]

Well, then you should be quite happy with me as I, for no reason than because it seemed the right thing to do, may well have helped put substantially more money in somebody else's pocket.

why not the buyers pocket?

Whomever buys it (assuming somebody didn't snap it up before I sent the message) may still get a good deal, just not as one sided as they would have otherwise.

Not one sided when a seller with no investment in it profits off a buyer?

There is no inalienable right to buy a rare bike at 1/3 of the current market price

If someone doesn't know what something is worth then they did not invest in it & also have no inalienable right to profit from it.

[scottly]

I'm with lucky on this one. The gunshop analogy does not apply here since they were not asking a set price but were trying to get a fair amount for them.  Am I supposed to turn down any item with a good price and tell the seller they should charge me more? Come on!  That's why we scour craigslist everyday, to find that gem of a deal.

Sure, keep looking for good deals.  Why not?  But berate someone for trying help someone else out?  Why do that?

The other side of this coin is the guy that pumps up the value of a bike that is clearly not warranted. Anyone remember a couple of threads a while back, one about a cache of sandcast motors, and another about a "race bike"? The stinker on those threads deleted most of his past posts, then showed back up with a new identity.

[That 70s Bike]

Here's the pic posted; I just now saved it.

pic date 6/11/2010, I bet it's correct, pass the popcorn.

Hmm, I don't see the date? BTW, the link to the ad still works.
The bike is Not original, with that seat, there is no mileage listed, and there is no real evidence it is a sandcast. All the seller states is the tires are worn "owt". That alone is a red flag, IMHO. Anyone remember the "free" bike on CL a while ago? Turned out the pic was gleaned off the net...

open pic & zoom in to read date.
Link hasn't worked for me since I first read this thread.
When you zoom in & see how the pic was taken in a well landscaped back yard by a proud owner...one that knows what he has. The craigs lister is full of S#!T.
I'd like extra butter on my popcorn

[bollingball]

Banker You did what you thought right. That is all that matters

Ken

[Stev-o]

Scottly wrote:

"Anyone remember a couple of threads a while back, one about a cache of sandcast motors, and another about a "race bike"? The stinker on those threads deleted most of his past posts, then showed back up with a new identity."

Yes, I remember that. What a wild goose chase, but very entertaining!

[Retro Rocket]

I'm with lucky on this one. The gunshop analogy does not apply here since they were not asking a set price but were trying to get a fair amount for them.  Am I supposed to turn down any item with a good price and tell the seller they should charge me more? Come on!  That's why we scour craigslist everyday, to find that gem of a deal.

Sure, keep looking for good deals.  Why not?  But berate someone for trying help someone else out?  Why do that?

To be fair, Danny know he would cop some flack, look at the title of the thread.  This reminds me of the "IMOLA" 500 thread, Rigid knew absolutely nothing about the bike and did the exact same thing, all it was, was a 500 with a fairing...  He was hosed as well....

[SoyBoySigh]

I am HAUNTED by the 750 I ALMOST bought back in '03. Totally complete garage find, old couple retired, selling off their long-dead son's stuff, it was just dusty as #$%* but so damned complete it was like a magazine photo. I tell myself "It had a BLACK stripe on an ORANGE-ISH gold tank ... It had a BLACK STRIPE on a...." 'cause sure as #$%*, it was a K1 at the very very latest. And more likely than not, it was a K0, and I tell myself the gold sand-cast had a gold stripe. Usually. The ASKING price? Five bones. I got a parts bike to fix up my DOHC supersport instead. But now I've been haunted to the point where I'm stickin' candy paint and wire wheels on the DOHC. Ha ha. "The one that got away...." We ALL have a few stories about that. Just keep me talkin' about BIKES and don't let's talk about POON-TANG....

-Sigh.