Pre-War Womens Columbia

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My buddy has a bike similar to the one pictured below. It has a drop stand, a headlight on the fender, struts, and the wire skirt guards. I couldn't really see it well because it was in his dark shed, but it looked clean. He's asking $75 for it. I was gonna pick it up for a flip? Thoughts? I think it's worth it but as usual my dad doesn't, but he knows squat about bikes...

What do you think it's worth after a cleanup? I was thinking in the $250 range.

This is just a google image, but it looked like this.

 
It really depends on the demand for ladies' bikes in your area. I'd think a bike as nice as the one pictured should be worth $250, BUT, actually getting that much is iffy. -Adam
 
It really depends on the demand for ladies' bikes in your area. I'd think a bike as nice as the one pictured should be worth $250, BUT, actually getting that much is iffy. -Adam

Thanks, Adam. I'm gonna take a better look at it tomorrow or Monday.
 
Going to look at it tomorrow after school. He said he will do $60 if I want it.
 
Well worth it; get her! Looks like a very nice deluxe ladies bike, circa '37-39. Also, that torpedo looks like it could be of the rare, desirable, aluminum variety.
 

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