I think it mostly depends on the components, if the bike is steel or aluminum, when it was made, etc. If it is a '70s era bike, it might be worth $50 to the right buyer--if it's steel. I can't imagine with those components it was much more than that when it was new. But I second the bikeforums.net link.

If you get one in that has Campy parts, then that's a different story altogether.

Karen