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Mecum Vegas 2025

storm 64 said:
I took those pictures...
A fellow I know, well kind of know. Invited me to view his Katana collection.
He lives in Willoughby Ohio.
He has a awesome collection of Katana's all with under 300 miles. Some with only 1 mile.
Not to mention his automobile collection.

I always thought, if we could get a group of 4 or 5 people together, I'd call to set up a time to visit.
Click to expand...

It is truly amazing what people have squirreled away. I once had a chance to visit a guy in Flagstaff that had a collection of old Dakar Race bikes sitting in his garage.
 
first timer said:
It is truly amazing what people have squirreled away. I once had a chance to visit a guy in Flagstaff that had a collection of old Dakar Race bikes sitting in his garage.
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You should come visit me on my Island and I'll show what guys have squirreled away here....just look at my Friday Afternoon Safety meeting posts :)
 
trevor said:
You should come visit me on my Island and I'll show what guys have squirreled away here....just look at my Friday Afternoon Safety meeting posts :)
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No doubt about that!
Where's the Like Button? Oh there it is.
 
Not mentioned much, but wondering if folks feel these Mecum, BAT, or Barrett Jackson prices are anywhere near to real world prices? Yes I do see 2 people did supposably bid that, but wondering if anybody who has an equal Yamaha Radian at his house could ever expect to sell it for $33,000. Not thinking all are off base but we see many that seem waaay off.
 
i would just mention new top of the line bikes range from 15k to 20k and the super sport stuff 30k. These restored/NOS bike prices at auctions are still in line with what a new bike would cost for the most part and haven't exceeded new bike prices yet even though more hard to come by.

There are a few exceptions like the Radian, but those are passion bids.
 
Do you think that Katana with the faults you pointed out, if sitting in your garage you could find somebody to pay you $16,500 for it? For me a real world price is what an average person could sell something for, and just me thinking, the big auction ###'s seem out of line from real world. I hope I'm wrong and bikes can fetch these prices.
 
first timer said:
i would just mention new top of the line bikes range from 15k to 20k and the super sport stuff 30k. These restored/NOS bike prices at auctions are still in line with what a new bike would cost for the most part and haven't exceeded new bike prices yet even though more hard to come by.

There are a few exceptions like the Radian, but those are passion bids.
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I totally understand "passion bids"....but not on a bike that is for sale everywhere....it makes no sense
 
rphillips said:
Do you think that Katana with the faults you pointed out, if sitting in your garage you could find somebody to pay you $16,500 for it? For me a real world price is what an average person could sell something for, and just me thinking, the big auction ###'s seem out of line from real world. I hope I'm wrong and bikes can fetch these prices.
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When you have something special like that bike you put it to a big name auction. When you have a bike that has seen use for 20 years you put it on craigslist/facebook. If I was to sell my kat ever i would put it to auction, cause there are very few like it.
 
No doubt, That'd be the thing to do. No doubt way more money there than could be expected from a, what I call, "real world sale"
 
rphillips said:
No doubt, That'd be the thing to do. No doubt way more money there than could be expected from a, what I call, "real world sale"
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Down side is the auction house takes a cut, in rough terms if the seller took the cheapest mercum options then they have to pay Mercum about $1400 out of the $16,500 it sold for. You would need to factor that in too. The seller made 15,000ish minus what ever it cost to get it to Vegas and hotel costs. Seems like a lot of effort to sell a bike for a 10k profit if they bought it for 5k. I would need the market to grow before i tried selling mine, I put a lot of effort and money into it to just make a few thousand in profit, which wouldn't cover labor costs if i tried to put a value on my time.
 
I was one of the bidders on the Mecum GS1000S.

I flew to Vegas to bid on it and was *very* disappointed at its condition. It was considerably rougher in person than it appeared in the pics. One mirror was literally falling off, and both of them were flopping around in their mounts and would never have stayed in position when underway. It had no rear brake, a bolt broken off on the countershaft sprocket cover, and general nicks and scratches. And, it probably didn’t even run. I bid on it anyway to see if I could get it cheaply. I quickly got steamrollered by other bidders and it finally hammered for $11,500 ($12,600 including fees).

I have a feeling the winning bidder wasn’t in the room, because I don’t think a reasonable person would have paid that much for it. assuming I’m correct he will be sorely disappointed when it arrives at his house.

it wasn’t a total wasted effort however. Later that day a friend found one listed on Las Vegas Craigslist, for sale in Southern California. It was in much better condition and it runs perfectly. I flew down Saturday and inspected it and did a deal, then drove down Monday and hauled it home Tuesday, and rode it today.
 
Pantera Mike said:
I was one of the bidders on the Mecum GS1000S.

I flew to Vegas to bid on it and was *very* disappointed at its condition. It was considerably rougher in person than it appeared in the pics. One mirror was literally falling off, and both of them were flopping around in their mounts and would never have stayed in position when underway. It had no rear brake, a bolt broken off on the countershaft sprocket cover, and general nicks and scratches. And, it probably didn’t even run. I bid on it anyway to see if I could get it cheaply. I quickly got steamrollered by other bidders and it finally hammered for $11,500 ($12,600 including fees).

I have a feeling the winning bidder wasn’t in the room, because I don’t think a reasonable person would have paid that much for it. assuming I’m correct he will be sorely disappointed when it arrives at his house.

it wasn’t a total wasted effort however. Later that day a friend found one listed on Las Vegas Craigslist, for sale in Southern California. It was in much better condition and it runs perfectly. I flew down Saturday and inspected it and did a deal, then drove down Monday and hauled it home Tuesday, and rode it today.
Click to expand...

Yeah last year when I was there there was a 79 Cooley that went for $20,000us....it wasn't even original paint...and there was other things it was missing...can't remember....but that bike was way over bid

Lets se what ya got! :) Congrats!
 
Here’s a pic from the seller. It’s probably an 8 or a 9. Missing a few small bits including one of the clamps that holds the black trim to the edge of the windscreen, and the knob to adjust the clock. It has a bit of wear here and there but is in great shape for 25k miles.

I paid more than the Mecum buyer did and got a MUCH better bike that I can ride now and nit have to get running first.
 

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Pantera Mike said:
Here’s a pic from the seller. It’s probably an 8 or a 9. Missing a few small bits including one of the clamps that holds the black trim to the edge of the windscreen, and the knob to adjust the clock. It has a bit of wear here and there but is in great shape for 25k miles.

I paid more than the Mecum buyer did and got a MUCH better bike that I can ride now and nit have to get running first.
Click to expand...

Looks great! Again, congrats!
 
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