12K would not buy my '74 Phantom 250, although there was one ('74 GP250) advertised on bike point recently only 45 minutes from me. One owner, a little rough around the eges, but complete and good running condition. I read the add too late but a local guy got it for the princly sum of $1000 of his hard earned cash! He tells me he was unsure even at that price, but decided to get it anyway, and now plans to race it in 2008. I still don't think he realises just what it is he has.