Coinciding this recent article by Lovely Bicycle, my current roommate (the friend who commissioned the '76 Schwinn Varsity last year) had me build a 3-speed on a student's budget. Normally a single speed/fixed gear rider, he had borrowed my Raleigh Sports one day and immediately fell in love with vintage 3-speeds. Off I was on Craigslist, sniffing around for a diamond in the rough.
No sooner had I hopped online when I found a 1965 Hercules 3-speed (made by Raleigh) for $40 located about a mile from our apartment. The previous owner noted a problem with a loose and/or noisy bottom bracket, for which I already had a '69 Raleigh Sprite frame to donate parts.