91 percent sell-through boosts Mecum’s Las Vegas motorcycle auction

91 percent sell-through boosts Mecum’s Las Vegas motorcycle auction

Sales total of nearly $14 million wraps up record-setting January for the auction company

Mecum Auctions’ 27th annual Las Vegas sale of vintage motorcycles posted an astounding 91 percent sell-through rate last week and a record sales total of $13.9 million, the company reported.

It was the second year in a row with a 90-plus sell-through rate for the company at its Las Vegas motorcycle auction.

“As the world’s largest such event, the auction presented an extraordinary lineup of 1,324 motorcycles, of which 1,207 successfully changed hands,” the company said in its post-sales news release.”

A bike on the block

Mecum said that combined with its recent Kissimmee auction of collectible cars, January was the company’s biggest month ever. At Kissimmee, Mecum sold more than 2,200 cars for nearly $100 million.

At Las Vegas, the top sale was a 1911 Harley-Davidson Twin that went for $154,000. Next was a 1917 Henderson Four, formerly owned by Steve McQueen, that brought $110,000.

Two other motorcycles also sold for six-figure bids — a 1968 Vincent Shadow re-creation for $107,250 and a 1941 Indian Four for $101,750.

Two others missed the six-figure mark by just $1,000 — a 1945 Harley-Davidson EL and a 1928 Indian Four.

Just one of two large rooms where bikes were on display

Top-10 sales, Mecum Auctions Las Vegas motorcycles 2018

  1. 1911 Harley-Davidson Twin, $154,000
  2. 1917 Henderson Four (Steve McQueen), $110,000
  3. 1968 Vincent Shadow (re-creation), $107,250
  4. 1941 Indian Four, $101,750
  5. 1945 Harley-Davidson EL, $99,000
  6. 1928 Indian Four, $99,000
  7. 1917 Harley-Davidson J, $95,700
  8. 1914 Henderson, $93,500
  9. 1911 Flying Merkel V-Twin, $91,300
  10. 1912 Indian Twin, $82,500
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(Prices include buyer’s fees.)

1912 Indian Twin sells for $82,500

Mecum’s next vintage motorcycle auction is scheduled for June 1-2, also at the South Point hotel and casino in Las Vegas. The company’s next collector car auction is slated for February 16-17 in Pomona, California.

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