Reading Standard bike

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This is coming up at auction soon. listed as a 1890-1900 Reading bike. Anyone know it's worth or if its collectible by any means? Don't want to go through the hastle if it's not worth it. Don;t know if it's a 100 dollar bike or thousand dollar bike..... Any opinions?

readingbike.jpg
 
I couldn't tell you the value in that condition but I'd say pay what its worth to you. I would have a hard time paying more than a hundred for it. Old long spring seats can bring good money but the one on that bike is pretty wrecked looking. The frame looks like it has lost most of the paint, but a little remains and the logos are still somewhat readable. The badge is there too which is a plus.
 

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