Thursday, February 21, 2008
The strange things people do
Between 1982 and 1986 I built 216 custom ‘dave moulton’ frames; the frame numbers were registered in a book that I still have. I built a few more between 1986 and 1993 when I retired from framebuilding, but so few that I didn’t even record the numbers.
A custom frame I consider to be one that the order preceded the frame, unlike the Fuso for example that was built in standard sizes and kept in stock. It has the name ‘dave moulton’ on the down tube in lower case letters. The way either bike rides or handles is identical.
The exception to this was one of the custom models I built called a “Criterium” frame. It had slightly steeper angles and was designed to be ridden fast and hard, and handle quickly. Out of 216 custom frames, there were only 36 Criteriums.
I have been tracking eBay sales of my bikes for over two years since November 2005. During this period there have only been two custom ‘dave moulton’ frames come up for sale.
Many of these frames are still owned by the original owners who will not part with them, so the chances of finding one is slim. There is even less chance of finding one in your size.
It is not for me to decide if a frame is a valuable collectable or not, that is something that occurs when there are more people wanting to buy a frame than there are frames available for sale.
However, I don’t feel I am being over presumptuous if I say the custom ‘dave moulton’ has the potential to be a collectable in the future. These frames will last 50 or 60 years and beyond, and will still be around long after I am gone.
One of the 36 custom criterium frames was sold on eBay last evening; it went for $455. I have seen Fuso frames sell for more than that. The reason the price was low the previous owner had repainted the frame and added the name ‘Bushnelli’ (A personal nick-name.) to it.
This was no rattle-can paint job done out of ignorance, this was a paint job done by Joe Bell, who happens to be one of the best painters in the business. This previous owner spent a great deal of money in order to devalue a frame.
It is devalued because if the frame is ever to have any value in the future, it will have to be stripped of this otherwise beautiful paint job and repainted as it originally was. And of course this is going to be an expense for the new owner.
My custom frames were unique in that from 1982 on, my name was engraved in the bottom bracket shell, and my “four m’s” logo engraved in the fork crown. There is no doubt this frame was built by me. The serial number matches the one in my record book. O836, means it was built in October of 1983 and was the 6th custom frame built that month.
There are two schools of thought on the subject of “collectable” frames. One is that a person owning anything is free to do as he wishes with that object. The other is that collectors are merely “caretakers” preserving something for future generations. The latter is the one that I support.
If a frame has the original paint in good condition, leave it that way. Because eventually most frames will be repainted, and original paint will make it more valuable. In the case of my custom frames, they were not only built by me, but also painted by me.
If you have a frame from the 1970s without braze-ons, don’t add braze-ons. And if you have a frame from the 1980s with braze-ons, don’t cut them off to convert to a fixie. If a frame is rusting and the paint is shot, then you have no alternative but to repaint. However, repaint as close to original as possible.
Don’t powder coat. This type of finish, while durable, is (with exceptions.) usually cheap and nasty, and is a pain to strip and repaint in the future. So keep this in mind if you are bidding for a frame that has been powder coated.
Incidentally, I am working with a company to reproduce decals for all model frames I built. The reason this is taking time, is that there are several different models, Custom, Fuso, John Howard, and Recherché. This involves a considerable capital investment from me, and the possibility it will take me a while to recoup this.
I hope to have these available later this year, so bear with me if you are waiting, and watch this blog for an announcement when the time comes.
Posted by Dave Moulton at 2/21/2008 05:23:00 AM