Mecum auction moves $13.7 million in motorcycles
The world’s largest vintage and antique motorcycle auction scored $13.7 million in sales during its the recent four-day Las Vegas event.
The Mecum auction house said it sold 868 of the 949 motorcycles that came across its South Point Arena stage, for a 92% sell-through rate.
That’s up 53% over its three-day 2016 event, the company said.
The top Mecum seller was a rare, unrestored 1912 Henderson Four antique motorcycle, which went for $490,000, plus buyer and seller fees.
Antique motorcycles led the sales chart. Also moving with big numbers were a pair of 1913 Henderson Fours (at $150,000 and $127,500), a 1928 Excelsior hill-climber (at $117,500) and a 1949 Vincent Black Shadow (at $110,000).
A 1923 Indian Chief, purportedly once owned by Steve McQueen, went for $100,000.
European motorcycles did less well. The highly anticipated Guy Webster Italian collection, covered here in an earlier story, underperformed. While three vintage MV Agusta bikes went for an average of $30,000 each, and two FB Mondial race bikes sold for slightly more than that, a pair of rare Ceccato Grand Prix motorcycles failed to reach their reserve prices and were not sold.
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