I must be an idiot. (Hold down the rousing "Here! Here!"s) There's something that has always confused me. Left me perplexed. Both sides of the equation. So, I'm hoping that a smart group of folks like all-ya'll can provide me insight and vision.
I don't bet this:
Is this vandalism? Is this a property crime? Is there really a secondary market for bike tires and seats? Unscrupulous bikeshop owners? Flea markets? Scrap dealers? I mean, this isn't Lance's bike with $,$$$ cutting edge wheels. Is the risk / reward on this all that high? How much do you get for a seat, back wheel, and parts of the pedals? Seriously?
But I also don't get this:
Didn't you pay cash money for this bike? I see that it's been somewhat stripped, but is the replacement cost of a missing back wheel, seats, and parts of a pedal more than the bike is worth? If you're going to leave it sitting there for 2 month (First picture: 2009-04-14 Second picture: 2009-06-07) then maybe you should at least retrieve your lock, because that bastard OBVIOUSLY worked like a champion, and let the scavengers have the rest of the carcass.