Had a glimpse today into the world that exists at the other end of the motorcycle spectrum I am generally used to.Landed ponces in tweeds, cords and loafers bid ridiculous amounts of money against each other for piles of rust, while the nice stuff didn't get anywhere near estimate.
A rough BSA in a Manx frame's estimate was £1500, and it went for £10.5k. The Egli Vincent went for £20k (£6k under the lowest catalogue estimate) and the Brough went for just over £100k... lowest estimate £165k. Bargain?
I noticed from the catalogue descriptions that many machines had been bought a decade before by owners who had never started them, before entering them again for auction today, presumably then to be bought by another 'collector' to sit in another shed – still unused – for ten years... and so on.
Pete bid on a couple of barn-find Triumphs, but we both looked at each other and shook our heads as the prices rocketed off into the stratosphere.
If there is a double-dip recession, I don't think it will be bothering too many people there today.
2 comments:
Collectors. I can't stand them. Ride them, don't hide them. G
Interesting and relevant I reckon. Theres still plenty of interest in old bikes which is good. Even crusty bitzas.
I will be giving my bike a good soaking with salt water and despatching to Blighty immediately.
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