Don't be too disheartened. It would have been $31.51 with the pickup fee. And, you would have had to buy a boat--so you could use the rest of that bike as an anchor!
Actually $31.51 is a pretty good deal. In addition to the Peregrine Masters, the bike had at least one Dia-Compe FS880 (maybe two), a Dominator seat and a set of knockoff MKS pedals.