22 Oct 2012
The 1929 Grindlay-Peerless-JAP 500cc 'Hundred Model' sold for £67,580 at the annual Bonhams sale at The Classic Motorcycle Mechanics Show on Sunday 21st October.
Other notable sales included a one-owner collection of almost 50 modern-day classics, which together realized £215,000, and two Brough Superior SS-80 motorcycles, which achieved a total of more than £130,000.
An extremely rare racing motorcycle from the 1920s that lapped the famous Brooklands race circuit at over 100mph was one of the top lots at the Bonhams Autumn Stafford Sale, selling for £67,580 on Sunday 21st October. One of only two of its kind known to survive, the 1929 Grindlay-Peerless-JAP 500cc 'Hundred Model' won the Brooklands 'Gold Star' award in 1937 in the hands of prominent VMCC member, the late Edmond 'Boy' Tubb.
Elsewhere in the sale every one of almost 50 modern-day classics from the collection of Gloucester-based motorcycle enthusiast, the late Evan Aled Jenkins, was sold for a combined total of £215,236. The collection, comprising mostly Japanese machines but also with British and Italian representation, included some of the most desirable limited-edition models of recent times. Top-selling lot of the collection was the 2002 Yamaha 750cc YZF-R7 (also known as the OW-02), which was one of the only 500 of its type built to meet the homologation requirements of the World Superbike Championship. Unused and unregistered, but with DVLA entitlement to the highly-appropriate number plate 'OW02 YAM', it realized £23,000.
Meanwhile two important Brough Superior SS-80 motorcycles realized a combined total of more than £130,000. A remarkably original, un-restored 'barn-find' 981cc 1925 model that had been owned by the same family from new and had not been seen publicly for more than eight decades achieved £63,100. Meanwhile the 1930 SS-80 De Luxe 'Black Bess' once owned by the founder of the Vintage Motor Cycle Club C E 'Titch' Allen realized £68,700. A 1930 Brough Superior Overhead 680 motorcycle project, meanwhile, doubled its top estimate to achieve £59,740.
The entire sale realized £1,328,335, with a sale rate of 87 per cent of the lots offered. Top-selling lot was a c.1958 Benelli 248cc Grand Prix Racing Motorcycle that was one of only four constructed and was sent for sale at Stafford by an American enthusiast. It sold for £74,300.
Ben Walker, Head of the Bonhams Motorcycle Department, said: "Our annual Autumn Stafford Sale was once again a huge success.
"As one of our most important sales during the year, Stafford has traditionally been the barometer for values and prices for the collectors' motorcycle market.
"We witnessed many Europeans bidding for high-quality machines where rarity came foremost, even though the economic situation in most of continental Europe still holds cause for concern.
"As well as offering a number of interesting opportunities for our traditional client base with the likes of the 1929 Grindlay-Peerless and the two Brough Superior SS-80s, we appealed to a new audience of collector this year by offering the Jenkins Collection of modern-day limited-edition classics."
NOTES FOR EDITORS
Bonhams, founded in 1793, is one of the world's largest auctioneers of fine art and antiques. The present company was formed by the merger in November 2001 of Bonhams & Brooks and Phillips Son & Neale. In August 2002, the company acquired Butterfields, the principal firm of auctioneers on the West Coast of America. Today, Bonhams offers more sales than any of its rivals, through two major salerooms in London: New Bond Street and Knightsbridge; and a further three in the UK regions and Scotland. Sales are also held in San Francisco, Los Angeles, Carmel, New York and Connecticut in the USA; and Germany, France, Monaco, Hong Kong and Australia. Bonhams has a worldwide network of offices and regional representatives in 25 countries offering sales advice and appraisal services in 60 specialist areas. For a full listing of upcoming sales, plus details of Bonhams specialist departments go to www.bonhams.com