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.
http://www.dailypress.com/news/dp-local_bike_0627jun27,0,6873169.story - Thanks Mowog!
"How is this guy taking the high road when he basically screwed over the old man who trusted the shop to sell it at its true worth?"
Did you not read the first sentence?
"Tom Mault bought this bike for $350 and *later* found out that it was a wise purchase"
the monkey
It's called capitalizm. Don't like it? Move to China.