Mid America Bike Auction 2013, Las Vegas

Discussion in 'Old's Cool' started by Steve G., Jan 6, 2013.

  1. Steve G.

    Steve G. Long timer

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    I guess if you are a seller, you'd like a bidding frenzy,,a buyer looks at that technique with the yellow 'no reserve' signs as a silly attempt to goat people who are perhaps a tad challenged in everyday tasks. Yes, bonhams was more subdued, but boring? I actually fell asleep during Mid America because of the quantity.
    #21
  2. rtwdoug

    rtwdoug prominent underachiever

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    well, maybe not 'boring' but not exciting either. and yes, Mid-Am was so big, it was hard to keep your attention, as so much was going on.

    I liked both, had Mid-Am not been so far, I may have taken some bikes out there myself. They got good $ out of most of the bikes

    Doug
    #22
  3. bmwhacker

    bmwhacker Still on 3 wheels

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    Nice Chief. Looks like you'll need to dig out your old "Fringe" Leather Jacket now. :lol3
    #23
  4. rtwdoug

    rtwdoug prominent underachiever

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    hahaha
    the seat & those goofy grip tassles will come off asap.
    I dont like the big seats, I'll put a solo on it.
    I dont need the grip tassles to slap me on the arms as a warning when I am going too fast. Theres always a friendly policeman around to let me know that.

    :deal
    #24
  5. darmahman

    darmahman "Illogically Deluded"

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    Doug - I didn't see that Indian at either auction. Did it ever make it inside to be bid on?
    #25
  6. rtwdoug

    rtwdoug prominent underachiever

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    Nope, got it in the parking lot :)
    #26
  7. nachtflug

    nachtflug infidel

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    roger that. those are great looking bikes but yes way too much money. I believe Honda kept selling them overseas for at least a few years I don't think they are all that rare and considering the Z1 went for less, it just don't make a lot of sense.
    #27
  8. nachtflug

    nachtflug infidel

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    nice but that thing must have some serious provenance to be getting up to that part of the stratosphere.
    #28
  9. bmwhacker

    bmwhacker Still on 3 wheels

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    Dammit....Harleys, Indians and a hot chick! Life is good down South! :clap
    #29
  10. CafeRacer

    CafeRacer Been here awhile

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    I don't think it sold. It was sitting there on Saturday with an asking price of $240,000.

    In terms of history, from the listing:

    "From the Michael Lange collection, this bike is a factory built racer that was owned and raced by Dewy Simms from Peoria, Illinois. The bike was raced for exhibition at the Chicago World’s Fair in 1933 and was raced around the Midwest up until WWII. The bike was acquired by John Giorno from Kenosha, Wisconsin and was in his collection until 1988 when the seller purchased the bike from him. Since 1988 the seller has shown and raced this original paint bike with its original Firestone racing tires all over the United States.

    It’s been raced at Davenport, Iowa and Wauseon, Ohio for many years and was raced at the Del Mar Mile in 2001 and took second place. In 2002 it was raced at the Syracuse New York Mile and took first place at 105 MPH. This bike is in as raced condition and runs great. The seller rebuilt the engine in 2004 and has only raced it once since. The bike is started at AMCA events whenever shown.



    This bike is a piece of history and would be a great addition to any collection, this is the real deal."
    #30
  11. Steve G.

    Steve G. Long timer

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    This is one that suprised me. I mean it was super clean, mint. But it was quite a bit modified from stock, which normally will attract lower bids at an auction like this. As this one sold, I automatically started reminding myself of the perfectly stock ones I know of around my town.
    #31
  12. bikefreak47

    bikefreak47 Adventurer

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    My buddy picked up an ex-military Indian Scout owned at one time by Steve McQueen. I never knew that Indian painted some of their WWII bikes in gloss olive drab (parade duty?) and the others in flat olive drab. Also snagged a mint Triumph Silver Jubilee with under 3,000 original miles. The 10 to 15% fees going to the auction houses can really add to the bottom line on some of these acquisitions. The 1939 BMW Kompressor that sold for $480,000.00 in the parking lot saved a ton of fees.
    #32
  13. nachtflug

    nachtflug infidel

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    maybe it did maybe it didn't. if the new owner doubles his money on it via ebay or another auction then maybe showing up at a high end auction and selling in the parking lot to avoid the commission won't have been such a good idea.
    #33
  14. Foot dragger

    Foot dragger singletracker

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    That XS650 street tracker that brought 18000.00? Built right here in Chico........

    For about 30,000.00 build cost including labor.
    #34
  15. rtwdoug

    rtwdoug prominent underachiever

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    from what I heard on the 480k bmw....

    sold to a collector with a small museum near soladas? california.

    guy made his $ as an inventor.

    anyhow, it didnt meet the reserve during auction for 400k. (I bid it up to 390k, but wasnt going any higher :evil )

    bonhams has it listed as sold for 480. so Im sure they got their fees, maybe not the rediculous 18% or whatever it was, but they got something. even at 10% from each end, thats 80k, a very healthy payday.

    the buyer probably wont even ride it.
    #35
  16. nachtflug

    nachtflug infidel

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    why would he want to that museum has a Britten. :evil
    #36
  17. ooweel

    ooweel Jobless, Its OK!

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    Probably you mean Virgil Elings who owns http://www.motosolvang.com/ is who you are talking about. Yes he is an inventor. Real gear head when it comes to motorycles. Nice guy. EXTREMELY BRIGHT. His collection is well worth viewing.
    #37
  18. darmahman

    darmahman "Illogically Deluded"

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    Flug -the reason the z-1 went for so little is the paint was incorrect but more importantly there was no serial # on the frame....


    #38
  19. Steve G.

    Steve G. Long timer

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    Good eye! I could tell the paint was off, but the serial # issues, yeah that'll change the price.

    Somebody told me today that the works BMW Kompressor at Bonhams may not have exact provenance ,,,,that the engine is a Kompressor, but the frame was of 1951 vintage.
    #39
  20. darmahman

    darmahman "Illogically Deluded"

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    Maybe that is why it was so cheap...:rofl

    #40