However, the average cycling memorabilia collector shouldn't get too excited: the Banesto branded Pinarello has a starting price of $74,999 (approximately £46,700).
The bike in question was used by the Spanish rider for the first half of the 1992 season until it was replaced for that year's Giro d'Italia in May, but held onto by Indurain. According to the seller, the bike was donated for a charity raffle in 1994 in aid of the restoration of the church of San Juan, Cabra, Spain.
Characteristic of the time, but now outlawed by the UCI, the bike has a smaller front wheel to give the rider what was thought as a more aerodynamic position. This, joined with Indurain's strength against the clock and aggressive gearing - 55-47t chainset, were a winning combination for Spain's most decorated rider.
This could be a great addition to Sir Bradley Wiggins' classic bike collection.
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