Guy Bought Rare Schwinn Bike for $350, Found Out It's Worth $100,000 - and Now He Wants to Give it Away!

Tom Mault bought this bike for $350 and later found out that it was a wise purchase: the bike is a 1963 Schwinn Sting-Ray bike, one of the first of its kind off the line.

And Schwinn collectors have offered him up to $100,000 for the "rare piece of American history" - Tom, however, had another idea:

Bike collectors from London to Japan "flipped out," Mault says. By 6 p.m. Thursday, his online posting had been viewed almost 1,900 times, and people had offered him between $2,000 and $100,000 for the bike.

The catch, he says: It's not for sale.

Mault, who owns roofing company Tidewater Exteriors in Hampton, says he would rather donate the Sting-Ray — one of the hottest American icons of the 1960s and '70s — to the Smithsonian Institution in Washington.

Link - Thanks Mowog!


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