Vintage 3 Speed English Bicycles

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Iverson 3 Speed Update

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This one’s coming together quite quickly. A day to strip it down, a day to repack all the bearings and today, a few hours to install a new chain and a brake cable.

Total costs to date:

Bike purchase @ $90.00 (A little pricey but it was just down the street.)

New tires @ 40.00

New chain @ $15.00

New Brake pads @ $16.00

New brake cable @ $3.00

Supplies and parts from stock @ $10.00

Total  @ $174.00

The guy I bought it from wants the old tires back and will refund $5.00…

The new owner has a $70.00 credit with me and will pay the balance off by future cat-sitting work.

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I’ve  swapped out the rear cog for a 22T version, so we’ll see how it works out on a shakedown ride. I also want to change the saddle for a sprung mattress one but don’t have a decent one in the garage.

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Despite the online criticism of the Iverson brand, I found this to very similar to my English bikes. The quality of the chrome plating is not as good…

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2 responses

  1. Curtis E. Saxton

    Nice Iverson bike. We had an identical blue one here at our Bikes for Humanity bike recycle and sold it for a measly $40. Personally I think they’re on par with most three speed cruisers of the day. Sure like to find out where you get two tires for $40 though. They’re a lot more expensive here in Thunder Bay.

    August 16, 2017 at 9:35 am

    • $40.00 is normally what I’d like to pay for a bike like this but when I factored my time, gas etc into this it made sense. It was a block from my house…The tires are from a shop down the street @18.00 a piece. Canadian tire still carries 26 x 1 3/8 @ $15.00 each.

      August 16, 2017 at 12:04 pm

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