That particular bike is being sold by budget bicycle center in Madison, which is an amazing establishment. I have visited that store several times. It's actually four or five stores, all on the same street, the most interesting of which is an unheated warehouse of every bike you can imagine, all at RIDICULOUS prices. Ladies Raleigh Sports in decent shape? $500. Run of the mill 1970s Paramount? $2500. Schwinn Varsity? $600. If you show interest in any of the bikes, and look at it again tomorrow, the price will be significantly increased. My friend tried to deal on a tandem there, but the salesperson said it wasn't actually for sale - the price tag was for "insurance reasons". After several mystifying visits, I asked one of the employees about the business model. He said that his boss is in the "acquisition business" and confessed that he didn't understand it either, except as a possible tax dodge of some kind. They've been in business for a long time, so it must work for them, somehow. Anyhow, they post grossly overpriced items on eBay all the time.
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