You are reading a single comment by @mattty and its replies.
Click here to read the full conversation.
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
@mattty
Interesting that you should refer to economic theory. In auction theory, "winner's curse" is held to apply to niche items, where the winner wins because they overpay on the item's value.
Which would imply that the frame is worth less than £195.