Oldest American Made Motorcycle Hits the Auction Block

FREDERICK, Md., April 13, 2012 /PRNewswire via COMTEX/ — After hanging on a dentist’s wall for 30 years and then being stowed in a garage and then a basement, a 1903 Indian motorcycle will have a new owner. On Saturday, April 21 at the Frederick County Fairgrounds bidders from around the world will compete to own a piece of two-wheeled history from Charlie Alder, Jr.’s estate.

“This motorcycle predates the Harley – the bike most Americans associate with homegrown motorcycles,” explained Steve Rinker, who runs Buck’s Indian, an Indian motorcycle restoration firm in Romney, WV. Rinker added, “The handful of 1902 Indian models that were built were deconstructed, their parts used to build the 1.75-horsepower 1903 models. And as far as we know, this is the only unrestored 1903 still in existence.”

“What makes this bike particularly intriguing is that it’s never been restored. Except for a few nuts and bolts used for early repairs, this bike is all original,” added Josh Ruby, the auctioneer entrusted with selling the motorcycle for the Alder estate. “And I do mean ‘bike.’ This is one of the most primitive motorized vehicles you’ll ever see – a real peek into what innovation looked like over a hundred years ago.”

The motorcycle has already travelled more miles in 2012 than it has cumulatively in the last 90 years – albeit in the back of a van. “It was a hit at Daytona [Bike Week],” said Rinker, who has been storing the bike at his private museum of antique motorcycles until it makes its trip to the auction in Western Maryland.

Multiple pre-1930 Indian and Harley Davidson motorcycles – and even a side car – will accompany the 1903 model on the auction block. While those models have some limited sale comparables, Ruby admits he doesn’t know what to expect as far as number of bidders or sale price for the 1903. “This motorcycle hasn’t been sold since the 1950’s. The last time it changed hands outside of the family was during a barter for $50 of construction work by Charlie’s dad – before the bike was considered to have collectable value. So, it will be exciting for all of us, as those bids come in.”

The auction will also include 1940’s automobiles, World War II memorabilia, and antique railroad items – over 900 lots of collectible antiques in all. Online bidding is available via http://www.proxibid.com . Print-resolution pictures of the 1903 Indian and other bikes, as well as a scan of a 1903 Indian motorcycle owner’s manual, are available upon request.  Descriptions of each motorcycle are available at http://www.wolfeauctions.com .

Rare, Historic Motorcycles to Roar across Auction Block at Dana Point Concours d’Elegance

DANA POINT, Calif.–(BUSINESS WIRE)–EG Auctions, a premier collector vehicle auction company, will auction some of the finest examples of vintage motorcycles from the 1900s through the early ‘50s during the 29th Annual Dana Point Concours d’Elegance, on June 24-26. Located at the esteemed St. Regis Monarch Beach in Dana Point, Calif., the Dana Point Vintage Automobile Auction will offer more than 100 collectible, classic vehicles including European sports cars, exotics, hot rods, muscle cars and motorcycles during Southern California’s three-day celebration of automotive elegance.

“The Dana Point Concours d’Elegance is renowned for presenting some of the most breathtaking classic cars and vintage motorcycles in the world,” said David Berg, managing partner of EG Auctions. “To complement the wonderful examples of antique motorcycles slated for display on the Concours North Lawn, we’re going to offer people the opportunity to purchase one also. From a restored, classic Harley Davidson to an early 20th century Indian Twin two-speed, EG Auctions has an eclectic assortment of motorcycles for sale that would be wonderful centerpieces for any collection.”

Of the most interesting motorcycles crossing the auction block is a 1914 Indian Twin two-speed model #88F778 assembled by the Indian Motorcycle Manufacturing Company. Built during the decade when Indian became the largest manufacturer of motorcycles in the world, this is a fine example of a “survivor” bike. With original paint and rims, the fiery red cycle has been stored indoors for years. Even the engine is complete and operates correctly.

No vintage motorcycle auction would be complete without a legendary Harley Davidson bike or two. A beautiful barn find available to the highest bidder is a 1934 Harley Davidson VD with a side car. Found in an industrial building down the road in Orange County, the three-speed bike was registered at the building for more than 35 years and has approximately 44,000 miles on the odometer. The rustic feel of the Harley adds to its allure, with an engine and transmission that would make any enthusiast believe it just rolled off the production line.

“For many collectors, these pre-war Harley Davidsons are the king of the road with their bad boy looks, rumbling exhaust note and smooth handling,” added Berg. “These bikes aren’t just rubber and engine grease; they symbolize a way of life.”

Harley Davidson fans will also be pleased to find some of the first Harleys on the auction docket, including 1905 and 1908 built bikes. The ‘05 is a replica of one of the three Harley Davidson motorcycles made in the first year of production. Today, only two of these bikes can be accounted for in the world. The 1908 Harley is a fine example of an early strap tank, belt drive machine.

For those interested in adding a vintage motorcycle or a collectible car to their collection, the auction preview starts Friday, June 24, at 4 p.m. PDT with the auction scheduled for 7 p.m. Bidders can review the docket, which will be on display starting at 8 a.m. on Saturday, June 25, and Sunday, June 26, with sales to begin at 10 a.m. on both days inside the auction tent.

Visit www.danapointconcours.org to learn how to get tickets for the premier Southern California celebration of automotive elegance. To register to become a bidder or to consign a vehicle at one of the nine EG Auctions in North America, log on to www.egauctions.com. Like EG Auctions on Facebook or follow it on Twitter.

About The Electric Garage

The Electric Garage was established in 1999 with offices in Canada and the U.S. The U.S. operations are headquartered in Bermuda Dunes, Calif. The company has an impeccable reputation for providing products and services to classic and collector car owners, automotive enthusiasts and astute collectors around the world. EG Auctions maintains Classic Car sales showrooms and manages quality Collector Car Auctions in many regions of Canada and currently expanded their operating base to the U.S. market. For more information about EG Auctions visit www.theelectricgarage.com or call 1-888-296-0528.

About Dana Point Concours d’Elegance

The Dana Point Concours d’EleganceTM is a volunteer-run, 501(c)3 not-for-profit organization, with excess proceeds supporting the Ocean Institute, the Mary & Dick Allen Diabetes Center at Hoag Hospital and other Southern California youth charities. The event is operated primarily as a Classic Car Club of America (CCCA) Concours, with additional classes showcasing interesting and relevant automobiles. The Dana Point ConcoursTM organizing committee aspires to create a premier automotive event that showcases the rich Southern California automotive heritage. For more information, please visit www.DanaPointConcours.org.