Month: April 2019

Records set at Bonhams Spring Motorcycle Sale in England

Motorcycle Sale

The 1962 Triumph TR6SS won the 1962 International Six Days Trials race by Bud Ekins – who was also Steve McQueen’s stuntman/lookalike in the film The great Escape – sold for a world record price at auction at Bonhams Spring Stafford Sale last weekend in England.

The bike sold for £97,750, more than three times its estimated pre-auction value, Bonhams noted in its post-auction press release.

Bonhams said the motorcycle was the subject of intense bidding and was sold to an American bidder.

Coventry Eagle Flying-8 tops auction with record $281,742

Also setting a record auction price Up for sale was a 1925 Coventry Eagle 981cc Flying-8, which sold to a female bidder in the auction room for £218,500 after a three-way bidding battle.

Another record was set at auction when a 1935 Vincent-HRD 498cc Series-A Comet fetched £97,750.

Overall, the auction posted a sell-through rate of 92% and total sales of £3,892,397 ($5.027 million), a record for Bonhams’ motorcycle department.

“What an amazing weekend” enthused James Stensel, head of Bonhams’ collectible motorcycle effort. “We are delighted with the results of this sale, not only breaking our own auction record, but also setting three world auction records for individual makes and models.”

The sale was also the largest for Bonhams with over 400 bikes on file.

1926-brough-superior-986cc-ss100-alpine-grand-sports 1926 Brough Superior also tops the $250,000 plateau

Top 10 Sales, Bonhams Spring Stafford Sale 2019

  1. 1925 Coventry-Eagle 981cc Flying-8, £218,500 ($281,742)
  2. 1926 Brough Superior 986cc SS100, Alpine Grand Sports, £207,000 ($266,913)
  3. 1924 Brough Superior 980cc SS80, £126,500 ($163,113)
  4. 1962 Triumph 649cc TR6SS Trophy, £97,750 ($126,042)
  5. 1935 Vincent-HRD 498cc Series-A Comet, £97,700 ($126,042)
  6. 1934 Brough Superior 1,096cc 11-50hp Combination, £71,300 ($91,936)
  7. 1951 Vincent 998cc C-Series Black Shadow, £64,400 ($83,039)
  8. Parkin-Vincent 998cc Black Shadow racer ‘project’, £62,100 ($80,074)
  9. 1951 Vincent 998cc C-Series Black Shadow, £62,100 ($80,074)
  10. 1968 MV Agusta 861cc ‘Magni’, £60,950 ($78,591)

(Prices include buyer’s fees.)

The auction took place during the 39th Carole Nash International Classic MotorCycle Show.

You can invest in the electric motorcycle business

Motorcycle Business

Crowdfunding is new to everything these days –even motorcycles. Arc, a British startup, is using crowdfunding to bring its electric motorcycle into production.

This funding is not the same as the platforms you are probably familiar with; “Crowdcube” is a crowdfunding platform based on equity. Instead of paying for a product or part of a product, your investment is just that, and you will get a share in the company. Similar to crowdfunding other businesses, and investing for that matter, this means that there is a chance that the investment will end up being worthless.

Arc, which takes care to call itself “a team of pioneering British designers and engineers in the field of electrical machines”, aims to expand into a new manufacturing facility in St Athan, in the south of the country. of Wales, in order to finalize the development of their new electric limited edition. motorbike. They will expand into this 65,000 square foot facility to work on putting their concept into production. The Vector is expected to retail for £ 90,000.

Arc CEO is Mark Truman, and he said this: “Since the Arc Vector launched just 16 weeks ago, we have been overwhelmed by the reception it has received from global media, prospects. and investors. To date, we have received over 100 expressions of interest from prospects and are now opening ownership of our transformative business in a manner similar to the community ownership model made famous by people like Barcelona football club. So whether you are a motorcycle enthusiast, a seasoned investor, a tech enthusiast, or just someone who is passionate about the environment, this is a unique opportunity to join the Arc family and help accelerate our journey. to become an established global leader in the field. of electric mobility, leisure and luxury.

According to Arc’s website, the group will manufacture just 399 of these machines, which have a published charge time of 40 minutes with a range of 436 km (270 miles) and a weight of 220 kg (485 lb).

The Crowdcube fundraising site will go live on May 6. Are you ready to invest?

Source: Bow, More Bikes

You can invest in the electric motorcycle sector

Motorcycle Business

Crowdfunding is the new thing for everything these days, even motorcycles. Arc, a British startup, is using crowdfunding to put its electric motorcycle into production.

This funding is not the same as the platforms you are probably familiar with; “Crowdcube” is an equity-based platform for crowdfunding. Instead of paying for a product or part of a product, your investment is just that, and you will get a share of the business. Similar to crowdfunding other businesses and investing for that matter, this means there is a chance that the investment will end up being worthless.

Arc, which is careful to call itself ‘a team of groundbreaking British designers and engineers pioneering electrical machinery’, is aiming to expand into a new manufacturing facility in St Athan, South Wales, in which finalize the development of their new limited edition electric motorcycle. They will expand into this 65,000 square foot facility to work on bringing their concept into production. The Vector is expected to cost £90,000.

Arc’s CEO is Mark Truman, and he had this to say: “Since launching the Arc Vector just 16 weeks ago, we have been overwhelmed by the positive reception it has received from the media. global, prospects and investors. To date, we have received over 100 expressions of interest from prospects and we are now opening up ownership of our transformative business in a manner similar to the community ownership model made famous by Barcelona football.So whether you are a passionate motorcyclist, a seasoned investor, a tech enthusiast or simply someone with a passion for the environment, this is a unique opportunity to join the Arc family and help accelerate our journey to become an established global leader in electric, recreational and luxury mobility.

According to Arc’s website, the group will only make 399 of these machines, which have a published charge time of 40 minutes with a range of 436 km (270 miles) and a weight of 220 kg (485 lb).

The Crowdcube funding site will go live on May 6. Are you ready to invest?

Source: ArcMore bikes