Three-Day Auction Achieves 83 Percent Sell-Through and $7,277,820 in Total Sales
WALWORTH, Wis. – Jan. 13, 2015 – The 24th Annual Mecum MidAmerica Las Vegas Motorcycle Auction was an excellent way to kick off the New Year with a record-setting 714 vintage and antique motorcycles crossing the auction block in just three days, Jan. 8-10. An enormous 83 percent sell-through rate was achieved as 590 motorcycles hammered sold for $7,277,820 in total sales.
“As it has consistently done for the past 23 years, the Mecum MidAmerica Las Vegas Motorcycle Auction again set the market tone for collectible motorcycles in 2015,” states Motorcycle Division President Ron Christenson. “With collectors and enthusiasts from all 50 states and 19 countries in attendance, auction sales in Las Vegas serve as an accurate reflection of country-wide and even world-wide demand for these collector motorcycles.”
British motorcycles were once again sought after collectibles with BSA, Triumph, Matchless and Vincent models bringing $25,000 to $135,000. Numerous individual collections were offered as well with excellent results. “What we are seeing is the trend of sellers bringing their entire motorcycle collection to auction as a featured group,” Christenson describes. “We had 17 separate motorcycle collections totaling 277 motorcycles offered for auction. There seems to be a special excitement among buyers when a collector offers all of their motorcycles at one auction, and sales reflect that enthusiasm.”
Top sales honors were claimed by a 1952 Vincent C Rapide (Lot S59) from the Sinless Cycles LLC Collection. Hammering for an impressive $132,500, this four-speed V-Twin presented in original condition with less than 10,000 miles on the clock and just three owners from new. Achieving a high bid of $87,500, a meticulously restored original 1918 Henderson four-cylinder (Lot F85) came in as the second-highest sale of the three-day auction followed by a 1927 BMW R47 Racer (Lot F131) and a 1933 Matchless Silverhawk (Lot S120) that each gaveled at an even $80,000.
The complete top 10 sales list from the Las Vegas auction includes (all individual sales reflect hammer prices):
- 1952 Vincent C Rapide (Lot S59) at $132,500
- 1918 Henderson 4 Cylinder (Lot F85) at $87,500
- 1927 BMW R47 Racer (Lot F131) at $80,000
- 1933 Matchless Silverhawk (Lot S120) at $80,000
- 1923 Hirsch Berlin (Lot F66) at $76,000
- 1929 Indian Ace Four (Lot S171) at $75,000
- 1940 Indian Four Cylinder (Lot S113) at $75,000
- 1911 Harley-Davidson 7A Single (Lot S115) at $70,000
- 1914 Thor 14A (Lot S64) at $70,000
- 1903 Rex Belt Drive (Lot F70) at $66,000
For access to complete auction results and other member benefits, signup for the free InfoNet service offered at www.mecum.com. Mecum’s next antique motorcycle auction will be the E.J. Cole Collection March 20-21 at South Point Casino and Exhibit Hall in Las Vegas. Touted as 50 years’ worth of collecting American Motorcycle Treasure, the impressive lineup includes more than 200 vintage and antique motorcycles dominated by Harley-Davidsons and Indians. April 12 will see the return of Mecum’s Houston Motorcycle auction at the NRG Center. For more details on an upcoming auction, to consign a motorcycle 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 and Road Art sales, hosting auctions throughout the United States. The company has been specializing in the sale of collector cars for 28 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 www.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.