• Hmm, I'm just finishing a very similar project. Costs so far,
    Strip and powder coat £40
    Cottered crankset/chainset £10
    Cotter pins £2
    chain £10
    27" wheels, hubs (pair) £45
    brakes and levers £20
    bar and stem £40
    27" tyres (pair) £10
    seatpost and clamp £12
    Saddle (used brooks B17 narrow) £26
    Bearings £2
    Headset £18
    New forks - F'ing seized stem! £22
    The original purchase price of £50

    That's £ 308!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    All NOs or new stuff of the 'bay or lbs , but even so not expensive individual components, it all adds up though. Still when do you stop? Probably before you start I reckon.

    Oh also bar tape, grease, lug lining one shot enamel another £20, plus transfers £20, and rim tape £4. My wife's gonna kill me. lots of fun though.

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