Is this a "special" Olmo????

its a hottie classy italian race bike, you should keept it, you won't get the real value if you sell it and except for certain accessories it would be difficult to convert it into a modern bike,
as it is it looks really cool,

Quoted post said:

Originally Posted by Bezee [IMG]/img/forum/go_quote.gif[/IMG]

I have an Olmo that belonged to my uncle which i dont believe was ever ridden on not much at all. It mostly sat on a bike shelf as a show piece since he would alwys say it had 24K gold lugs and screws on it. I have no idea if i may have somthing rare here. Someone once told me it was most likely a show bike. Any comment, suggestions or opinions are welcomed!

First, IMO, all OLMOs are special to some extent ...

But, your Olmo is not special other than appearing to be in excellent-to-mint condition for its age -- the bike is from circa 1981.

So, it is a very, VERY NICE example of an early 80s Italian bike.

But, there is clearly a nomenclature problem because the frame does NOT have "24K gold lugs" ... and, I don't see any "gold" screws evident in the pictures you posted ...

• "lugs" are the sleeves which join the tubes
  

I suppose the "24K gold lugs" could have been painted along with the rest of the frame, but that seems unlikely ...

I suppose the cogs on the Freewheel may have been "gold" colored -- I think REGINA had a Freewheel with "gold" colored cogs.

Quoted post said:

Originally Posted by vspa [IMG]/img/forum/go_quote.gif[/IMG]

its a hottie classy italian race bike, you should keept it, you won't get the real value if you sell it and except for certain accessories it would be difficult to convert it into a modern bike,
as it is it looks really cool,

Actually, it would be quite easy to update most vintage bike frames with modern components ...

• A 130mm SHIMANO rear hub can be easily respaced to 126mm ... or, to 120mm with a little more effort
  
• CAMPAGNOLO shifters (and, of course, Shimano) can index to Shimano/-compatible cassettes
  

FWIW. Here's a pic of my mid-80s Olmo Sintesi from a couple of years ago equipped with what I consider to be reasonably contemporary components:

[CENTER] [IMG]cyclingforums.com500Open ↗[/IMG][/CENTER]
[CENTER] [/CENTER]
I respaced the rear dropouts to 130mm about ten years ago (for convenience -- to allow wheelset interchangeability) ...

[CENTER] [IMG]cyclingforums.com500Open ↗[/IMG][/CENTER]

FWIW. I don't recommend selling the bike ... and, because the bike only needs to have the wheel properly mounted to make it rideable, I don't think it should be upgraded ...

But, if Bezee does want to update the particular Olmo then s/he should have the current components carefully removed & packed away so that they can be put back on the bike at a later date.

Here is an image that shows one of the "gold screws on the bike.[IMG]cyclingforums.com500Open ↗[/IMG]

Quoted post said:

Originally Posted by Bezee [IMG]/img/forum/go_quote.gif[/IMG]

Here is an image that shows one of the "gold screws on the bike.

I could be wrong, but I think your uncle was pulling-your-leg ... or, perhaps, he cashed-out a couple of 1 oz. gold coins to buy it & thus the reference.

• I believe that "gold screw" may be a "gold" anodized Titanium bolt ... ounce-for-ounce, your uncle probably paid as much for that bolt as if it had been 24K gold ...
  

As equipped, presuming Campagnolo Nuovo Record components, the Olmo bike probably cost your uncle $1200-to-$1400, way-back-when, maybe a little more, not likely to be much less ... you can multiply whatever sum seems most plausible by '4-to-5' to adjust for inflation (okay, make that Dollar devaluation) & get a sense of current comparables ...

BTW. While I do not believe that the particular Olmo is rare other than being in such good condition for its age, the fact that the bike belonged to your uncle AND you remember him talking about it should make it "special" to YOU for all the (hopefully) positive memories it will evoke when you look at it AND/OR ride it.

Any piece of a bike made of actual gold would have to be a non important part. Gold is an incredibly soft metal. That screw would probably strip with incredible ease. I guess it's not impossible that someone could have made the bike in such a way, just incredibly Ill-advised.

Breathing life into an old thread.....so im wondering where would a good place be to actually sell a bike like this?

eBay. Or look around and see if you can find an Olmo group on the 'net.

"I believe that "gold screw" may be a "gold" anodized Titanium bolt "

Alf, back in the day there was a couple of outfits that sold a Campy dress-up kit that used electroplated gold over conventional steel Campy bolts. They may be 'real' gold (Au) plated. A close up examination would tell whether gold plating or gold anodizing was used.

worthpoint.comics campagnolo record gold plated 130865853Open ↗
"When the now-legendary Swiss company ICS was gold (and chromium) plating Campagnolo Super Record components in the 1980s..."

IMO, the pantographed and drilled Campy components add more value in either case. I agree with your original price range...definitely a high-end model and trim level.

eBay is, indeed, the place to get the best price for selling the Olmo. As to a guess at what it would be worth in my area...maybe $800-$1000.

KEEP IT!!! It is HARD TO FIND a bike that will ride as "nice"