"You sell used bikes quite cheap."–Grant Petersen, founder Rivendell Bicycles

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Miyata Trail Runner
1986 Miyata Trail Runner, Top of the Line
I would call this a large mountain bike or a medium-large commuting bike. These early MTB are essentially touring bike with BMX riser handlebars and 26" wheels (like what comes on some of the Surly touring bikes). Aside from the triple chain ring, and cantilever brakes; the frame looks very much like a touring bike frame in terms of stoutness and geometry. The 26" wheels are great for touring and commuting: they accelerate faster, are more shock absorbing, stronger, and can be run at lower pressure (they don't need to be pumped up as often). This is in excellent condition. A rare example of an early mountain bike, that can be used for just about anything. $250

In an interview I asked Grant Petersen of Rivendell/Bridgestone:

What is your all time favorite city bike?
". . .  if you’re asking my own preference, or what I think makes the most functional sense, the most practical sense, I’ll stick out my neck and nominate an all-steel early to late ’80s mountain bike fitted up with a higher and maybe a swept-back handlebar, fenders, rack, and basket. Platform pedals, kickstand, bell, rear view mirror, and some kind of light."