Posted on 02/14/2023 8:12:48 AM PST by Red Badger
Feb. 13 (UPI) -- A Harley-Davidson motorcycle dating from 1908 sold for $935,000, making it the most expensive bike ever sold at an auction.
Mecum Auction in Las Vegas said the motorcycle, known as the Strap Tank due to the nickel-plated steel bands that suspend the fuel and oil tanks from its frame, sold for $935,000 after fees in a late-January auction.
Vintagent, a website that tracks auctions of vintage motorcycles, said the sale represented the highest price ever paid for a motorcycle at an auction.
"We marketed the bike well, and Harley is by far the most famous American motorcycle brand, so we had a feeling it would do well in auction, but obviously you are surprised anytime you sell the most expensive bike ever," Greg Arnold, motorcycle division manager at Mecum Auctions, told the Milwaukee-Journal Sentinel.
Arnold said surviving Strap Tank bikes are rare, and the bike sold by Mecum was an especially unique find.
"This bike has many of its original parts, which makes it that much more rare," he said.
Mecum said the bike was found intact in a Wisconsin barn by David Uihlein in 1941, and he kept it in his possession for the ensuing 66 years. The bike was most recently restored by Paul Freehill of Fort Wayne, Ind., the auction house said.
My wife and I got into Mecum auctions last year. We bought a motorcycle at Monterrey and two cars in Vegas. Our purchases were pretty low beans, but we had a lot of fun.
I expected prices to start leveling out due to the economy, but they are still climbing. I think people with money are putting it into substantive “things”, instead of investments.
Yes, art, real estate, antiques, rare coins/stamps, collectibles, beanies babies.........................
Lol!
We’ll know if the purchaser is just a rich collector, or is really a biker by one action. Will he ride it to Sturgis?
My Zuk was the S40 (Savage) 650 single. A little tweaking made it very peppy. In a lot of ways it was what a basic motorcycle should be. Stupid easy to maintain.
The Scout Sixty has been very reliable. 44K on it now. Love it.
If I had real money I’d have a separate garage full of bikes. A two wheeled harem in a manner of speaking.
I’m looking to find a Kawasaki Vulcan 2000..............
Back around 1970, there was a guy at my high school who rode a 1920-something Indian. It had a left-foot clutch and a stick shift, as I recall.
That’s one expensive moped.
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