If I am very a good boy and I lead a proper, pious & devout life - When I pass on, I will awaken in a room that's just like that & I can ride whichever I desire whenever I want :mouthwate Now that's incentive
Actually, come to think of it, that's my current life on a 1/10th scale.
What time does the collection go on the block today? Was watching live on TV last night and you can see them all lined up right of the auctioneer's stage........
I wish...Just checking them out since it is walking distance from my
house. According to what I read, the estimated value was around 1.5-
1.75 million :jsm:
Thank You Ricky for the awesome pictures of an amazing collection. It is sad to see all this magnificent bikes going on sale like this. But hey might there is someone buying it and will be bringing this treasures to exhibitions so that will have a chance to see them again.
Maybe not......$800k was extremely light in my opinion, and had the collection actually sold for that price, then that would have been sad for those banking on the collectible value of classic MV motorcycles. As it was, the right money person just wasn't there on that day.
That's a shame - I would LOVE to own that collection - I hope Gary stays strong & doesn't break it up.
It is beautiful and it deserves the appropriate owner who would share it with the world in a museum type set up but hopefully they would still all get ridden on exhibition days etc.
Despite making a huge effort and investment to extend his brand to include classic motorcycles, Dana Mecum hasn't been able to translate his formula from "Muscle Cars and More". Last year's Monterey auction brought way below the money prices for Mike Taggart's excellent collection of British bikes, as well as others, e.g., the ridiculously low price for an MV America.
In my opinion, if the Gary Kohs collection had been offered in the UK/Europe, it would have brought at least in the expected sale range of $1.5 million + or -. I also think it would have had a much better result if it had been offered at one of the Vegas auctions in January, since those venues bring out all the "motorcycle" people.
With that being said, I hope that Mecum sticks with it as he gives deserved exposure to vintage bikes and his business model is a much fairer deal for sellers and buyers than Bonhams or RM.
While Gary's MV collection is certainly a spectacular achievment, I'm glad it did not sell. I truly hope that it will be broken up and sold bike by bike or in small groups to people who will actually ride them. I am sure that a few of his MV's really should be display only given their rarity and fragility. But most of them are fully capable of being ridden and should be enjoyed like that at least on occasion. I have seen Gary's collection and it is spectacular, but just like the British National Museum and other collections like them, once a bike becomes part of a static "museum" display, that is likely the last time it will find itself enjoyed the way its maker intended. Visiting them is like visiting a morgue. And while it is nice to have them for reference, that is all they become.
I was just out on my '51 Vincent, rode my 1913 Harley to a friends house through the neiborhood backroads a few weeks ago, and seriously thrashed my '76 America at the Quail ride. While I enjoy looking at each of these motorcycles in the garage, the smile on my face when I get off of one after taking a ride is good for the next month! None of them are perfect, but they run, at least occasionaly, and I try and share them with others when I can. Just one guy's opinion....
I was also down in Monterey and stopped by the Mecum auction. Such a beautiful collection! I truly hope it goes to someone who can love them as much as Gary did.
Randarosa, here you go. Not the prettiest 1913 Harley in the world, but mostly original and runs pretty well. I've managed to track the ownership back into the 30's.
800.000 is a quite good offer in my opinion and 1.500.000 is a steep price. Gary's collection is simply stunning, there is no question or comparison. The offered price would bring exactly 10.000 $ per bike. Now there are a few which would sell out on its own for more than that, but most of the bikes would achieve substantially less. Sure the Bialbero, the Monoalbero, the 175 CSS, the Regolarita, the Fours and a few others would might fetch up 50.000 or more on a good day. But than again does anyone know if these spectacular looking bikes are all in running order ? I think Gary invested tons of money into the restoration of bikes which is not justified by their market price. Might there are peoples who would just ignore this fact, but I guess peoples with money can calculate and consider the resale value.
Another thing is my books the issue with picking up all the 80 bikes, to store them appropriately and build a decent show room. On another level as buyer You would need good mechanics to maintain the bikes and keep them ready to run. Dusting is likely not enough. And this all will cost You thousands in the future.
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