What Bike is This?

It's a Peugeot. My brother had one EXACTLY like it but in red. Back in high school, which was the 80's, he bought it from my uncle who had gotten it new in Germany in the early 1970's. It was very high-end at the time. My uncle raced competitively in Germany and throughout Europe as part of the US Army team, and that was his last bike before he left the Army, so they let him keep it. Anyway, it's not 60 years old. Maybe you misunderstood and the guy was saying it was made in the 60's, instead, which I think it was actually made in the 70's but whatever, maybe late 60's.

If you want to know for sure and not just take my word for it, inquire with Peugeot, which is still around and still making bicycles (as well as cars), by going to their website and giving them the serial number that is on the frame. They'll be able to tell you exactly when it was manufactured as well as whatever original model information you may want to know.

Incidentally, I'm not sure if bikes ever become collectors' items. If so, then it might be worth some money. If not, probably not. While it was about the best bicycle money could buy back in the early 70's or maybe late 60's, it isn't anymore, not by a longshot. Technology has far, far, far surpassed that bike. Frames are much stronger and lighter these days, and equipment, like derailers and brakes, have also been improved so far beyond what you have there that that bike is no longer any kind of contender for road racing.

It's a decent low-end bike, but you overpaid. It should handle well and be good transportation for you.

just an old 10 speed

being french is a minus ac tually

parts are hard to get

$35 at most

It is a Peugeot UO8. I bought one in 1972, paid $150 brand new. It appears to be in good shape, but I certainly wouldn't pay $200 for it. It appears that a few parts have been changed, the rear derailleur and the brake levers, possibly the wheels. The original Ideal leather saddle has been replaced with a cheap plastic padded saddle. There are still thousands of them around so that bike will never be a collector's item, particularly because it is not in original condition.

What you bought is a very common 1970's road bike that isn't worth any kind of upgrade and very hard to improve even if you want to spend a lot of money. Don't spend any more money on it than you have to, it isn't worth it

The UO8 was an entry level model, nowhere close to high end. A year after I bought mine, I bought a very nice Raleigh Professional which was so much better that I was still racing and winning on it 25 years later

This bike is not "vintage" it is old. You spent at least $200 more than this bike is worth if you include the money spent on repairs

It could be a Peugeot UO-8. They made many similar looking models but the UO-8 was sold in greater numbers than many others and was in production from about 1963 until 1980.

I don't know typical prices in Canada, but here in England a UO-8 would probably sell for between £150 and £300 depending on condition. That equates to Can$255 - 510 so the Can$300 you paid for bike plus work sounds like a good deal, unless bike prices are generally lower there.

Jeez...it's right on the frame. It's a Peugeot road bike. And $200 in either U.S. or Canadian money is overpaying. Plus another $60 to get it working. Just because something's old doesn't automatically make it a classic or "vintage".

I'm not an expert, but I don't think those were imported into the US until the early 70's. I had one that looked like that, a UO-8, modeled after their well known racing models. I would be surprised if that bike is older than that, it could be, but I would be surprised. The seat and brake handles appear to be aftermarket.

Peugeot quit making bicycles in the 80's, there have been a couple of companies that have licensed the name, but the bicycles produced have no real connection to the model you posted.

A flying bike, it's very rare. I've only seen it once before, in a dream of mine.