www.mecum.com
www.mecum.com
I chose to continue the one opened a couple years ago in the MRD, because it wasn't about Commandos.
Then THAT one needs to be combined over here...
Auction winning bid is NOT the realistic value of the bike sold, it is just a winning bid at that moment in time, with whichever bidders may or may not have been legit.
True but it represents a real value. Once upon a time, I was involved with a classic bike auction that my old riding buddy Jerry was putting on. Values were reflective of the individuals bidding and the sellers willing to deal. For the most part, the value was very much representative of what a give customer was willing to pay. Usually sellers wanted more and bidders always felt like they over payed. The biggest problem at the time were the Vincent owners that listed their bikes with huge reserves and had friends bid up the value. What I observed was there are some blue chip bikes like older Triumphs, older Harleys, Harleys with race pedigree, Indians Fours and Indian Chiefs. Everything else was a toss up. I sold my Ducati 860GT, no reserve, for $1850. The buyer was shocked that he got it so cheap. I wasn't too shocked. It was an ugly bike that no one wanted when it was new. I did my best to make it look like something but it's hard to make a silk purse out of a sow's ear.
$85K for a Z900 was even worse. Too bad the serial numbers were partiallly ground off. I wonder if the law catches up with the guy????
That one became null & void due to misrepresentation. That variant also came from Japan.
My point was the absurd bidding level.
What's really strange is people are paying double that for a mechanical watch!
