Bike sale clears £1m for first time in company history with 80% Sold
27th July, 2018
No fewer than 550 buyers registered to bid in the H&H Classics Summer Sale on 26th July, at The National Motorcycle Museum. The famous venue attracted more than a 1,000 visitors keen to see the 290+ entries on sale, making for the largest bike sale in company history and resulting as the highest grossing - with bike figures firmly over the £1m sale mark for the first time at a H&H stand-alone classic bike auction.
This Mecca for bike lovers did not disappoint and almost every bike found a new owner with 80% selling on the day. The sale also follows their successful £1m classic car auction the previous week (19th July) at The Pavilion Gardens, Buxton – also performing well with a 72% sale rate.
All five of the much talked-about Vincents found new owners, including two Series C Comets, a Series C Rapide, a Series B HRD Rapide and a rare Series D Black Night Combination that led the sale at £52,900. Vincent Motorcycles was a British manufacturer of motorcycles from 1928 to 1955. The business was established by Philip Vincent who bought an existing manufacturing name HRD, initially renaming it as Vincent HRD. From 1934, two new engines were developed in 500 cc and 1,000 cc capacities. Production grew from 1936, with the most-famous models being developed from the original designs after the War period in the late 1940s.
Mark Bryan, from the H&H Motorcycles Dept, commented: “This sale set a new record for H&H Classics Motorcycle Dept at over £1.2m. This was a ‘must do’ sale if you are currently bike-hunting or simply wanted to have a great day out to look at the sheer breadth and depth of what is on offer at this landmark for H&H sale. We were delighted to be able to offer the best of British with five magnificent Vincents on offer as well as a vast range of collectable classic motorcycles.”
Other fabulous pre-war and modern bikes sold, ranging from a 1901 Dart all the way to a more modern 1961 Norton and everything in between. The sale had something for everyone at this biggest sale of its kind at the National Motorcycle Museum and the auction-house hopes to continue that success at their return to the venue on 9th November.