As we know too well, the realization that something was valuable often comes after its loss. The unexpected loss of your bicycle is by no means an exception to this rule. Your bicycle is practically an extension of you. This is because most of us have established a sentimental value through exciting adventures and long bike journeys. Over a period of time you develop this sense of physical proximity which makes your bicycle your own. Yet, this sense of physical proximity with our bicycles is not realised until one actually becomes a victim of bicycle theft.
A study conducted at the University of Alberta suggested that the average cyclist has a strong emotional bond with his/her bicycle. Researcher Karly Coleman once said that: “You feel the road in a very particular way, it becomes this meld of person-bike, as opposed to just you on the bike.” In her survey, Coleman also found that most cyclists considered their bicycles as a reflection of their personalities. So, to this extent, we can consider bicycles to be highly nostalgic objects, given that they are embody memories of years past.
It is important to make a distinction between sentimental and monetary value attached to your bike. Your bike’s monetary value may not be that high, but loosing it your getting it stolen will be a quite upsetting experience (for the reasons mentioned above). We often attach to bicycles a strong sense of personal significance and sentimental value, and this is what makes them more valuable than its original or perceived monetary value.