A few weeks back, we highlighted an auction for a NOS Michelin Mud cyclocross tire that was probably 7 years old or more. It ended up selling for $66, which represents an decent but not stellar investment if purchased new seven years ago at $29.95 (12% annual return).
Well, the seller was smart to not compete against himself, as he had another one in his back pocket. This second auction for the same model went for an amazing $115 plus shipping. That’s a market-beating 21% return, putting the dusty, dried-out old tire into the realm of hand-made Dugast and FMB tires. I’ve watched these auctions for a long time and believe this is a new record.
I bet we’re not the only ones that wished we pushed harder with our significant others to fill the garage with more of these than we would ever need, instead of trying to save for the future the “right” way. Ah, hindsight.
What is the next investment opportunity in ‘cross clinchers? We’re not that financially savvy to know (we’re in the bike business after all) but we want to know your thoughts. Any other discontinued tires that you sorely miss?