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Episode 17 The $50,000 Bicycle
Time-length-icon 32m 15s
Plays-icon 52
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Publish-date-icon December 21, 2010
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EPISODE DESCRIPTION

Still looking for a stocking stuffer for the cyclist on your shopping
list?

A bike posted on eBay by La Carrera bike shop in Toronto might just be the ticket.

Though it's actually not even a complete bike - just a frame and fork.
No wheels, no seat, no handlebars, no brakes....

But a bike for sale on eBay isn't news (there are currently 7,611 bikes
listed for sale on eBay North America.)
What makes this a story is the price tag - Fifty Thousand Dollars! ($50,000).
That's about 15-20x what the best bikes in the world normally sell for.
Oh and you pay another hundred bucks for shipping.

And, the shop owner, Nadir Olivet, thinks he has a buyer at over that price.

I visited the shop last week and interviewed Olivet to find out how
such a seemingly insane price could be possible (hint: it has to do with a famous artist), and what makes this bike so special.

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