The Vincent in a Widow's Basement.

kommando

kommando

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May 7, 2005
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Just make sure the VOC do not get there first.

thevintagent.com

Death, Taxes, and Old Bike Fever | The Vintagent

Prosper Keating investigates how to protect your estate from unscrupulous collectors suffering from Old Bike Fever, who just might steal your collection on your deathbed
thevintagent.com thevintagent.com

By ‘those Vincent people’, Mike Jackson is referring to the case of the John Lumley Collection, an affair that rocked the vintage motorcycle world a few years ago. Jackson was called in as a consultant for Her Majesty’s Revenue & Customs (HMRC), after the management of the Vincent-HRD Owners Cub attempted to convince them (and John Lumley’s Executors) that Lumley’s motorcycles, worth an estimated £1 million, were only worth £75,000.
 
EstuaryBoy

EstuaryBoy

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Mar 7, 2020
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kommando said:
Just make sure the VOC do not get there first.

thevintagent.com

Death, Taxes, and Old Bike Fever | The Vintagent

Prosper Keating investigates how to protect your estate from unscrupulous collectors suffering from Old Bike Fever, who just might steal your collection on your deathbed
thevintagent.com thevintagent.com

By ‘those Vincent people’, Mike Jackson is referring to the case of the John Lumley Collection, an affair that rocked the vintage motorcycle world a few years ago. Jackson was called in as a consultant for Her Majesty’s Revenue & Customs (HMRC), after the management of the Vincent-HRD Owners Cub attempted to convince them (and John Lumley’s Executors) that Lumley’s motorcycles, worth an estimated £1 million, were only worth £75,000.
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Dishonesty everywhere, sadly. We had a very big Classic Car dealer in the town (with a showroom in Central London too), but their scam was to fabricate a purchase history for each car, showing imaginary sales at ever increasing prices to convince purchasers that they were looking at a sure fire 'investment'.
 
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