this is what i sent him back
"im afraid you may have been mislead with the value of it.
true early looptail rippers are highly desirable but the estimation of £2000 is way off the mark im afraid.
i have a restored looptail rippers that has lots of top end components fitted and i estimate its value to be about £1000 .your bike as nice as it is does have a few inferior parts fitted like the raleigh burner wheels. i would say the value of it would be around the £500 mark on a very good day.
i do apologise if i sound negative i really don't mean to but it would be a shame to waist your listing and us all not get a chance to bid on it at a reasonable price.
thanks john"
see if they lower the starting price