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THE 25TH ANNUAL
DAYTONA ANTIQUE & CLASSIC
MOTORCYCLE AUCTION AND MEET
2012 DAYTONA MOTORCYCLE
AUCTION - CLICK
for RESULTS
Dear fellow motorcyclists,
I would like to thank all of the
long time customers and friends who called and e mailed
asking for us all to make the effort to keep the Daytona
Auction and Meet going. Thanks to the support of
sellers, buyers, vendors and walk in customers the event
was a success. In just a little over a month, we were
able to put on a decent program with your support. We
also appreciated all of the positive comments that we
got from many of you at the event itself.
The auction prices do reflect
the current market conditions. People are still being
very careful with their money. Modern bike sales are
slow right along with boats and airplanes. Antique
motorcycles reflect trends more than just the economy.
Original vintage motorcycles are hot, we had a very
rusty, but unmolested '71 Norton go out for $4510.
An extreme example was the
DuPont Vincent that was sold in LasVegas.
The bike was dirty and a bit
rough, but sold for $122,000, two days later a restored
one sold for $80,000. BSA's seem to have finally reached
a good spot in the market as they have been low for
years.
There are a lot of Triumphs out
there and they are popular with the exception of the
over-restored bikes done years ago with big reserves.
A good Triumph rider is still
rock solid as well as a good original.
Our overall sell through rate
was 76% despite all of those high reserve bikes that we
had on the floor. The 1948 Indian Scout that won the
Daytona 200 that year was the bell ringer with an out
the door price of $91,300.
Speaking of the Daytona 200,
this years race was epic with a beautiful blue and white
Triumph in Gary Nixon livery making it into victory
circle. It was a good day for race fans and a good day
for Triumph.
The bottom line is that the real
good original bikes are still very much in demand and
the sport of collecting them and riding them is alive
and well. We hope to see you at the events this summer
and fall.
Two that you just don't want to
miss are the AMCA Rhinebeck meet in New York and the
Barber event in Alabama in October.
Jerry and Dee Wood
CLICK HERE
to
go to our Daytona Auction
Web Site
J. WOOD & COMPANY AUCTIONEERS
IN
COOPERATION WITH
GARNER AUCTIONS
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