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There are several early claims regarding the invention of the bicycle, but many remain unverified. A sketch from around 1500 AD is attributed to Gian Giacomo Caprotti, a pupil of Leonardo da Vinci, but it was described by Hans-Erhard Lessing in 1998 as a purposeful fraud, a description now generally accepted.
In the early 1860s the first true bicycle was created in Paris, France, by attaching rotary cranks and pedals to the front wheel hub of a dandy-horse. The Olivier brothers recognized the commercial potential of this invention, and set up a partnership with blacksmith and bicycle maker Pierre Michaux, using Michaux's name, already famous among enthusiasts of the new sport, for the company.
1890s – Bike boom sweeps Europe and America with hundreds of bicycle manufacturers in the biggest bicycle craze to date; 1890 - The City and South London Railway (C&SLR) was the first deep-level underground "tube" railway in the world, [31] [note 1] and the first major railway to use electric traction; 1893 - Recumbent bicycles invented.
Today many people ride bikes to work for a variety of reasons including fitness, environmental concerns, convenience, frugality, and enjoyment. According to the US Census Bureau’s 2008 American Community Survey(ACS) , on September 22, 2009, 0.55 percent of Americans use a bicycle as the primary means of getting to work. [ 8 ]
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The price of a new bicycle can range from US$50 to more than US$20,000 (the highest priced bike in the world is the custom Madone by Damien Hirst, sold at US$500,000 [10]), [11] depending on quality, type and weight (the most exotic road bicycles can weigh as little as 3.2 kg (7 lb) [12]).
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A marble sculpture bought for $6 and used as a doorstep could be about to make a fortune. The bust, made by French sculptor Edmé Bouchardon, could make over $3 million at auction after a local ...
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