JERRY WOOD DBA; J. WOOD AND COMPANY AUCTIONEERS, A BRIEF HISTORY
“The love affair with motorcycles started,
interestingly enough, at a local church auction at the age of 12
when I won a Safety Cycle with a high bid of $12. We got the bike
home after dark and I remember lying in my bed wide-eyed, waiting
for daylight so I could ride it.”
Jerry Wood started working in the motorcycle
business in 1965 as a mechanic at the BSA shop in his hometown of
Norfolk, Massachusetts. He was promoted to service and sales manager
and started racing motorcycles in 1968. In 1971 he opened his own
motorcycle shop with a friend and sold Norton, Maico, Ducati, Moto
Guzzi and other motorcycles. Jerry has been factory trained by BSA,
Kawasaki, Ducati, Moto Guzzi, Norton, AJS and Maico technical
schools. In 1976 Norton went out of business and Jerry sold his
interest in the motorcycle shop and started a motorcycle racing
business including the nation’s first motorcycle roadracing school.
In 1980 J. Wood and Company Auctioneers was
founded as an auction company that specialized in machinery and
motorcycles. The company sold many machine shops, construction and
farm equipment, antique & classic cars and trucks, manufacturing
plants, and motorcycle shops. In 1988 there was a tremendous amount
of interest in antique and classic motorcycles and the prices were
all over the board. No one seemed to be able to determine the fair
market value, so we started the first Annual Antique and Classic
Motorcycle Auction at Daytona during the spring bike week.
Our goal was to establish true market value for
these special bikes and we did that by not allowing any false
bidding by owners or others. We published the highest price bid
whether the bike sold or not.
The motorcycle community enthusiastically
accepted this method and J. Wood & Co was chosen by the American
Motorcyclist Association to conduct auctions for them. In July 2000
the Robb Report’s Showcase Magazine named Jerry Wood “The preeminent
motorcycle auctioneer in the United States”.
J. Wood and Company now sells between one and
three million dollars worth of Antique and Classic motorcycles each
year. We have earned a worldwide reputation for conducting
well-organized, well-attended, honest motorcycle auctions.
We specialize in handling large shops,
collections and estates that have needed extensive organization to
achieve full value. Jerry Wood has done hundreds of motorcycle
appraisals for museums and individuals and has served as an expert
witness in motorcycle cases based on what we have learned over the
years.
In addition to auctioning motorcycles, Jerry is
an accomplished motorcycle racer. He won national roadracing titles
from 1977 to 2001. Jerry has served on many motorcycle-racing boards
from 1974 to 2010 and served as Motorcycle Safety Director
for the New Hampshire Motor Speedway for 21 years.
In recent years we have moved away from
organizing multiple consignor auctions with reserves. We still
participate where we can, but our true love is to organize and put
on a real old-fashioned auction where everything sells to the
highest bidder. Our team is composed of trusted motorcycle friends
who share our ideals. If you hire J. Wood and Company to sell your
treasures, you can be sure that you will get every dollar for your
stuff in an honest, well advertised and attended, legal operation.