April 13 Vintage Motorcycle Offering Achieves 72 Percent Sell-Through
WALWORTH, WI – April 18, 2014 – (Motor Sports Newswire) – Mecum presented MidAmerica Motorcycles in Houston this past Sunday immediately following its classic and collector car auction and achieved outstanding results with a 72 percent sell-through rate and $1,337,965 in sales in just a four-hour time span. The motorcycle-exclusive auction featured a total offering of 174 vintage and antique motorcycles, 125 of which successfully hammered sold.
The audience was composed of both car collectors discovering the value and appeal of vintage motorcycles, as well as seasoned motorcycle collectors worldwide who have been “chasing” these machines for years. Bidders from across the U.S., Germany, the U.K., Italy and Canada competed in person, on the internet and via live phone bidding for the wide range of motorcycles available, including the more than 100 from the Mike Doyle Museum Collection.
“It was great fun watching veteran vintage motorcycle collectors bid alongside a crowd that traditionally chases collector cars,” commented President of Mecum’s MidAmerica Motorcycle Division Ron Christenson. “Dana and I had a lot of questions going into this back-to-back auction event, above all ‘Is it going to work?’ Well the bikes certainly captured the attention of the car collectors and the motorcycle collectors never lost a beat; so it worked. It really worked.”
The auction’s top sale came in the form of a 1949 Vincent HRD Black Shadow (Lot U72). Gaveling at $105,000, the motorcycle presented as a high-quality example of an already desirable model. Other significant sales included a 1928 Henderson Deluxe Four Cylinder (Lot U65) that hammered at $62,000, a 1984 Honda RS750 (Lot U166) that changed hands for $39,000 and a 1914 Indian Twin (Lot U66) that sold for $33,000.
The complete top 10 sales list for the Mecum MidAmerica Houston Motorcycle auction includes (all individual sales reflect hammer prices):
- 1949 Vincent HRD Black Shadow (Lot U72) at $105,000
- 1928 Henderson K-Deluxe (Lot U65) at $62,000
- 1926 Harley-Davidson JDH-8 Valve Board Track Racer (Lot U81) at $57,000
- 1941 Indian Four Cylinder (Lot U84) at $55,000
- 1942 Indian 841 Military (Lot U67) at $45,000
- 1984 Honda RS750 (Lot U166) at $39,000
- 1914 Indian F-Head Twin (Lot U66) at $33,000
- 1939 Harley-Davidson EL Knucklehead (Lot U82) at $30,000
- 1952 Vincent Comet (Lot U73) at $29,000
- 1949 Norton Manx (Lot U75) at $26,000
The motorcycle offering immediately followed the auction houses 1,000-car offering April 10-12 that grossed more than $33 million in sales with the 1964 Ford GT40, GT/104, taking top sales honors with a $7 million gavel price.
For access to complete auction results and other member benefits, signup for the free InfoNet service offered at www.mecum.com. Mecum’s next MidAmerica motorcycle auction will be held at the Pennsylvania Farm Show Complex and Expo Center in Harrisburg, Pa., this July 27. For more details on an upcoming auction, to consign a vehicle or to register as a bidder, visit www.mecum.com or call (262) 275-5050.
About Mecum Auctions
Nobody sells more than Mecum. Nobody. The Mecum Auction Company is the world leader of collector car, vintage and antique motorcycle, and Road Art sales, hosting auctions throughout the United States. The company has been specializing in the sale of collector cars for 27 years, now offering more than 15,000 vehicles per year and averaging more than one auction each month. Established by President Dana Mecum in 1988, Mecum Auctions remains a family-run company headquartered in Walworth, Wis. For further information, visit Mecum.com or call (262) 275-5050. Follow along with Mecum’s social media news and join us on Facebook, Twitter, YouTube, Pinterest and Instagram.