For starters, the State Department paid $1,800 for the bicycle, Bilenky Cycle Works told The Washington Post. The small Philadelphia-based business typically charges $6,000 for a similar lightweight model. And the custom Union Jack graphics, matching helmet, bronze and silver badge displaying crisscrossed British and American flags on the head tube, and rush fees would have brought the total cost to $10,000 under normal circumstances.
Source Article from https://www.washingtonpost.com/world/2021/06/12/biden-boris-gifts/
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