OzVMX Forum

Clubroom => General Discussion => Topic started by: dave king on October 08, 2008, 03:41:09 am

Title: Factory RC500Honda sweepstake, place a bet.
Post by: dave king on October 08, 2008, 03:41:09 am
goes under the hammer this sunday.   



my bet is £12000
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: dave king on October 08, 2008, 03:41:30 am
http://www.classic-auctions.co.uk/lotdetail.php?&lotid=25696&aucid=26225
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: suzuki43 on October 08, 2008, 07:26:40 am
I reckon 15,000 pounds,Dave did Clive sell any Suzuki RA works bikes from his collection dating back to 1982?
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: husky61 on October 08, 2008, 08:30:19 am
my bet is £13500
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: Maico31 on October 08, 2008, 08:35:12 am
I'll go 15,000 pounds as well. Still seems cheap compared to what some production bikes sell for.
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: STW996 on October 08, 2008, 11:16:43 am
I say the people interested in this will still have cash to spend dispite what is occuring in the world markets, put me down for 20,000 pounds (that is what I think not what I can afford ;D)

Shane
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: Hoony on October 08, 2008, 05:12:45 pm
i'm with you Shane after all its a unobtanium works Honda gotta be worth $20K pounds (whats that in Kilograms?) to the cashed up works collectors around the globe.

i am still amazed that it is getting auctioned and has not be passed to another buyer privately ? great to see these bikes and others have been saved from the crushers, it our sports history after all.
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: TM BILL on October 08, 2008, 07:07:15 pm
put me down for 14750.00 way cool bike but the economy being what it is  :-\
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: 090 on October 08, 2008, 07:44:34 pm
$21000 pounds just to be a smart arse!
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: caps 999 on October 08, 2008, 07:54:09 pm
im going for 19999 pounds just for the hell of it
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: Wombat on October 08, 2008, 07:59:07 pm
I'd like to place an estimate in Zimbabwe currency.
Hmmm, scratch that - this page isn't big enough to take all the zeros!
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: holeshot buddy on October 08, 2008, 08:40:54 pm
 ;D ;D ;D notice all the honda boys put the top dollar on her ;D ;D ;D ;D ::)
i am with john about 15,000  ;D
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: Maico31 on October 08, 2008, 08:45:18 pm
Hey Rusty i'd like to know how much Rick paid for 10 works bikes from the UK!!
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: holeshot buddy on October 08, 2008, 08:47:14 pm
i think i know but i am not saying
if i told you i would have too kill you
something about the kawasaki secret society 8)
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: Freakshow on October 08, 2008, 08:58:26 pm
if the crankshaft cost $10K id say you 'd be spending 20-30k to own a hand made GP bike
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: paul on October 08, 2008, 09:21:12 pm
what its worth and what the new owner gets it for are 2 different things  and too be honest i wouldnt have a clue,,,,,,, some one will live there dream
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: shortshifter on October 08, 2008, 09:34:15 pm
Would Honda buy it back for their own Museum?If I had the money I'd pay what I had  to to own a one off factory bike.I'm with freaky and reckon it will make late 20 s.
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: dave king on October 09, 2008, 03:18:13 am
Would Honda buy it back for their own Museum?If I had the money I'd pay what I had  to to own a one off factory bike.I'm with freaky and reckon it will make late 20 s.
[/quote

Honda japan were offerd it,  they said it was to expensive.
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: crabman on October 10, 2008, 12:26:46 am
I bet that the reserve price will not be met, if there is one. If there aint a reserve price -8000 will be the top price given the current overhang of exotic toys with limited real value in these uncertain times. Hope I am wrong given my investment in these antiquities
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: Tony T on October 10, 2008, 08:28:18 am
This isn't aimed at you, crabman and no offence intended to anyone, but for me, the world market or 'investment potential' has absolutely no bearing on my choice to buy or not buy and given bike. I do it because I love them and enjoy them, not for a return when sold down the track. I'm sure 99.9% of you are the same. I personally don't care what their 'real value' is.  ;D
Why else would I be building a $2k+ CT90 that's going to be worth $800.00 when finished.  ::)
Yes, I did sell of a heap of stuff lately, but not by choice and not for the money. If I could have, I'd still have every bike I ever owned.   :)
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: crabman on October 11, 2008, 05:42:53 am
Tony t
No offence taken. I agree there are in essence two broad type of collectors enthusiasts  who ride their bikes and other collectors who may collect for any other reason including but not limited to the underlying investment value and posible resale value.
Quite frankly I have thirty odd vmx bikes, the vast majority are restored and are ridden accordingly. Notwithstanding I do take comfort that they are real tangible assets, I use them , enjoy them and mother them. However in these turbulent times I take comfort in the fact that they in essence represent a sore of value based on their underlying intrinsic value were I to sell a bike. Todate I have only sold one VMX bike, largely in response to a mates repeated desire to get a VMX bike to race. Incidentally I sold it at less than perceived value for fear of compromising a friendship.
However I still believe that the ecomnomic issues will bring a fresh perspective in terms of price for trophy type bikes. I would be a buyer, however I believe that the current estimated auction value may be a tad to high.
Regards
Gavin
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: caps 999 on October 11, 2008, 08:24:05 am
i ride i enjoy to me there no use in a musiem piece just wasted space  ;D
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: dave king on October 11, 2008, 07:05:20 pm
I have been to view the RC today and its a awesome peice of engineering. Everything is hand made and its in fantastic orig condition.  The bummer is the auctioneer has realy not done his homework to find out who rode the bike.  There was a red white and blue helmet with the bike that would have been a big clue but its been lost.   The rhumour mill says this could be Marty Smiths bike.  Interestingly i saw Steve Whitelock at the MXDN 2 weeks ago {steve was Honda big cheese and finds lost bikes for US collectors}}  could he possibly have viewed the bike 2 weeks ago and bought the helmet????????.  One thing that could id the bike is the front no plate if hand formed in Aluminium and wraps over the bar pad.     Anyone know where the 77 MXDN was held??
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: dave king on October 11, 2008, 07:08:42 pm
Tony t
No offence taken. I agree there are in essence two broad type of collectors enthusiasts  who ride their bikes and other collectors who may collect for any other reason including but not limited to the underlying investment value and posible resale value.
Quite frankly I have thirty odd vmx bikes, the vast majority are restored and are ridden accordingly. Notwithstanding I do take comfort that they are real tangible assets, I use them , enjoy them and mother them. However in these turbulent times I take comfort in the fact that they in essence represent a sore of value based on their underlying intrinsic value were I to sell a bike. Todate I have only sold one VMX bike, largely in response to a mates repeated desire to get a VMX bike to race. Incidentally I sold it at less than perceived value for fear of compromising a friendship.
However I still believe that the ecomnomic issues will bring a fresh perspective in terms of price for trophy type bikes. I would be a buyer, however I believe that the current estimated auction value may be a tad to high.
Regards
Gavin


Where would you rather have your money? In a beatiful peice of engineering that puts a smile on your face  or a Icelandic Bank?
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: Maico31 on October 11, 2008, 08:18:39 pm
The '77 Des nations was held in France. Was the bike used there?
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: crabman on October 13, 2008, 12:37:34 am
Okay Dave- how much did it go for ?
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: dave king on October 13, 2008, 04:15:16 am
Okay Dave- how much did it go for ?
  top bid £14k
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: dave king on October 14, 2008, 04:27:50 am
sold today for £20,000 plus fees by private treaty.
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: crabman on October 14, 2008, 05:14:13 am
It is a remarkably high price in these times. I will wait to sell until the next bull market is in full swing and Wall Street is awash with merchant wankers, banksters and OPM ( OTHER PEOPLES MONEY).
Thanks Dave
g/ al crabman
Title: Re: Factory RC500Honda sweepstake, place a bet.
Post by: mx250 on October 14, 2008, 06:08:33 am
It is a remarkably high price in these times. I will wait to sell until the next bull market is in full swing and Wall Street is awash with merchant wankers, banksters and OPM ( OTHER PEOPLES MONEY).
Thanks Dave
g/ al crabman
It's a Bull market on Wall Street and in Property but not necessarily a Bull market in gold, fine arts or collectables, and other opportunities.  Indeed, when stocks and shares head south investors 'take their profits', or losses ::), and look for a 'safe haven' to park their money.

Those people who put $800,000 into a GTHO may be proven 'smart cookies'.

But that doesn't mean we'll all be millionaires. It will be the top end that will fare better than the overall. We are in the midst of the adjustment right now. It will be interesting to watch for the next few months, especially USA Ebay.