Strength of the market is confirmed as models from Ducati, Harley-Davidson and Indian set new records
To the delight of all in attendance, an historically important 1940 Harley-Davidson EL from the Pierce Family Museum Collection was the subject of an intense bidding war from clients in the room, online and on the phones, and made a new world auction record when, to the applause of the audience, it realized an astounding $159,000.
Another motorcycle from the Silverman Collection, a stunning and highly desirable 1973 Ducati 750 Super Sport "Green Frame" achieved $137,000, also making a new record, while a rare and race-ready BMW Rennsport RS54 sold for $126,000 to a private US collector.
The highly publicized 1923 Indian Big Chief with Princess Sidecar formerly owned by Steve McQueen and restored for him by famed artist Von Dutch, was the subject of passionate bidding and ultimately won by an American collector for $126,000, setting a new auction record for the model. The same collector also purchased the other iconic Steve McQueen 1935 Indian Chief for $80,500.
"We are very pleased to have been able to offer a superb and diverse selection of the highest quality motorcycles from around the world," said Nick Smith, Bonhams US Head of Motorcycles. "The results confirm our team's capabilities and the strength of the collectors' motorcycle market, and we're looking forward to a great 2014." Added Ben Walker, Bonhams International Head of Motorcycles, "Once again the season opening and highly anticipated sale in Las Vegas proved to be the place to sell investment-worthy motorcycles."
Malcolm Barber, Bonhams Group CEO and auctioneer at the sale, commented, "As the international auction house of repute holding sales of collectors' motorcycles seven months of the year, we know the market intimately and we're very pleased to be at the forefront of this very exciting industry."
The next Bonhams auction to feature motorcycles will be in Paris at the beautiful Grand Palais on February 6th and will feature His Holiness, Pope Francis' 2013 Harley-Davidson Dyna Super Glide that will be sold for charity. Then, in April, is the world-famous Stafford Motorcycle Sale in England featuring a barn-find 1939 Brough Superior SS100 that has been in single-family ownership since 1961.
For complete results of Bonhams' fourth annual Las Vegas Motorcycle Auction, please visit Bonhams.com/Vegas. For more information on the Paris auction or to consign motorcycles to the Stafford auction, please contact:
Ben Walker, London: 011-44-8963-2817 / firstname.lastname@example.org
Nick Smith, Los Angeles: 323-436-5470 / email@example.com
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 valuation services in 60 specialist areas. For a full listing of upcoming sales, plus details of Bonhams specialist departments go to www.bonhams.com