1960 Velocette 500cc Venom Frame no. RU14504 Engine no. VMT 2871 (see text)

This lot has been removed from the website, please contact customer services for more information

Lot 460
1960 Velocette 500cc Venom
Registration no. UVY 590 Frame no. RU14504 Engine no. VMT 2871 (see text)

Sold for £ 8,625 (US$ 10,490) inc. premium
1960 Velocette 500cc Venom
Registration no. UVY 590
Frame no. RU14504
Engine no. VMT 2871 (see text)
The Venom is one of the outstanding British single cylinder road machines, its high performance combining with fine handling to make it a very successful and favourite choice for the Production Machine races of the 1960s. The later and more sporting Thruxton version was named after that Hampshire race circuit and the success of the model in the 500cc class of the famous 500 Miles race held there. The peaks of the model's achievements were breaking the World 500cc 24 Hour Record at Montlhery in France in 1961, averaging 100.05mph around that banked track to set a record that still stands, and winning the first 500cc Isle of Man Production TT in 1967, ridden by Manxman Neil Kelly.

This example of the breed was bought from collector Tony Stiles, an engineer with a fine reputation for cylinder head work, who fitted bigger valves when the head was gas flowed and the valve seats reground. New piston rings were also fitted, and the bore honed at that time. Close inspection will reveal much stainless-steel detail work executed. The machine also benefits from a toothed belt primary transmission, Borrani alloy wheel rims, a twin leading shoe front brake and rear set footrests. The magneto has also recently been overhauled by Birmingham specialist Les Nation. Such a sporting marque pedigree and further tuning work may suggest that this could be an inflexible engine that would not adapt to less demanding riding, but the current owner has ridden it through the Vintage MCC's Antrim Coast Run and enjoyed the experience.

Its last MOT expired in May 2017, since when health issues have made kick starting a healthy big single very difficult, hence its sale. The owner points out that during its previous life the engine number prefix has been altered to read VMT, and he emphasises that this is in fact a standard Venom. It wears a Thruxton tank and dual seat, but that reflects previous owners' choice and no more. The machine has not been used for over a year and a purchaser would need to check it thoroughly before feeling ready to try its considerable performance.

Footnotes

  • As with all Lots in the Sale, this Lot is sold 'as is/where is' and Bidders must satisfy themselves as to the provenance, condition, age, completeness and originality prior to bidding.

Saleroom notices

  • The frame number is RS14504. This Lot is offered with a V5C.
Contacts
1960 Velocette 500cc Venom Frame no. RU14504 Engine no. VMT 2871 (see text)
1960 Velocette 500cc Venom Frame no. RU14504 Engine no. VMT 2871 (see text)
1960 Velocette 500cc Venom Frame no. RU14504 Engine no. VMT 2871 (see text)
1960 Velocette 500cc Venom Frame no. RU14504 Engine no. VMT 2871 (see text)
Auction information

This auction is now finished. If you are interested in consigning in future auctions, please contact the specialist department. If you have queries about lots purchased in this auction, please contact customer services.

Buyers' Obligations

ALL BIDDERS MUST AGREE THAT THEY HAVE READ AND UNDERSTOOD BONHAMS' CONDITIONS OF SALE AND AGREE TO BE BOUND BY THEM, AND AGREE TO PAY THE BUYER'S PREMIUM AND ANY OTHER CHARGES MENTIONED IN THE NOTICE TO BIDDERS. THIS AFFECTS THE BIDDERS LEGAL RIGHTS.

If you have any complaints or questions about the Conditions of Sale, please contact your nearest customer services team.

Buyers' Premium and Charges

For Motorcycles (Lots 201 - 539) a 15% Buyer's Premium is payable on the first £500,000 of the final Hammer Price of each Lot, and 12% on any amount by which the Hammer Price exceeds £500,000, VAT at the standard rate is payable on the Premium by all Buyers, unless otherwise stated.

Buyers Premium on all Automobilia lots (Lots 1 - 196) will adhere to Bonhams group policy, 25% up to £175,000 of hammer price, 20% from £175,001 to £3,000,000 of hammer price, and 12.5% on the balance thereafter. This applies to each lot purchased and is subject to VAT. Some lots may be subject to VAT on the hammer price. These lots will be clearly marked with a dagger (†) printed beside the lot number in the catalogue.

Payment Notices

For payment information please refer to the sale catalogue.

Shipping Notices

Collectors Motorcycles Clearance
Vehicles must be collected from the sale venue by 11am Monday 15 October. Buyers should satisfy themselves that they have collected all relevant log books, documents and keys relating to their Lot(s) at time of collection. Otherwise Lots shall be removed to store in Chobham at the Buyer's expense (see below). Lots are at the Buyer's risk from the fall of the hammer. It is strongly advisable that overseas purchasers and absentee bidders make arrangements regarding collection with Bonhams in advance of Sale.

Removal and Storage of Vehicles
All Lots not removed in accordance with the above will be transported by Polygon Transport to store in Chobham. Please contact Polygon Transport to make arrangements for the collection/delivery of your lot(s):

Polygon Transport
+44 (0) 2380 871 555
+44 (0) 2380 862 111 fax
[email protected]
www.polygon-transport.com
Purchases can only be released once full settlement (inclusive of all charges) of all invoices issued to the buyer is received in cleared funds. Lots will be available for collection from store in Chobham from 12 noon Tuesday 16 October, by appointment with Polygon Transport.

Vehicle Removal charges to store in Chobham
£115 plus VAT per motorcycle
£165 plus VAT per motorcycle combination

Storage charges
£10.00 plus VAT per day per motorcycle
£16.00 plus VAT per day per motorcycle combination

Limited transport is available to Oxfordshire by request with Polygon Transport at
£100 plus VAT per motorcycle
£145 plus VAT per motorcycle combination

Storage charges
£10.00 plus VAT per day per motorcycle
£16.00 plus VAT per day per motorcycle combination

Transport and Shipping
A representative of Polygon Transport, Bonhams preferred carriers, will be at the Sale and can arrange national and international transportation as agent for the Buyer or the Seller (as the case may be). Polygon Transport Care of Cars International Alpha 319 Chobham Business Centre Chertsey Road Chobham Surrey GU24 8JB.

Storage Notices

Motorcycle Spares and Memorabilia Clearance
All purchased lots must be cleared from the sale venue by 11am Monday 15 October 2018. All un-collected purchased lots shall then be removed to Bonhams storage facility at: Bonhams Oxford Banbury Road Shipton on Cherwell Kidlington Oxford OX5 1JH Lots will be available for collection from 10am Thursday 18 October 2018 by appointment only.

To arrange collection please contact the Motorcycle Department +44 (0) 20 8963 2817 or [email protected] to make an appointment.

All lots will be charged a minimum of £10+VAT uplift and storage at £1+VAT per day per lot. All lots marked with a ◊ will be charged £25+VAT uplift and storage at £5+VAT per day per lot. All lots marked with a ◊◊ will be charged £50+VAT uplift and storage at £10+VAT per day per lot. All lots marked with a ◊◊◊ will require specific shipping and storage arrangements, as they are either extremely large or heavy objects. Please contact the Motorcycle Department for detailed information in advance of bidding. Failure to contact the department may result in your purchased lot(s) being uplifted to an offsite store at your expense.

Motorcycle Spares and Memorabilia Shipping Enquiries:
For all motorcycle spares & memorabilia shipping enquiries please contact Alban Shipping quoting your client, sale & lot number to discuss your shipping requirements Tel: +44 (0) 1582 493099 email: [email protected]

Tel:+44 (0) 1582 493099
email: [email protected]

Please note Bonhams do not provide shipping neither do Bonhams pack lots. Should you wish to organise collection of your lots via a third party carrier, they must check and pack lots on your behalf upon collection. Shippers or Agents wishing to collect on behalf of the purchaser must provide written instruction from the client before Bonhams will release the lot(s). All purchases are at the buyers risk from the fall of the hammer.

App