After attending several of the Mecum auctions for both cars and motorcycles and being able to look "behind the scenes" with other bidders and auction pros, I have become extremely suspicious of what and how items are being presented.
Here we are again. On Tuesday 1/12, a Perseus Silver 1979 CBX sold for over $12,000. It was presented as having been in a personal collection for over 15 years and was shown with 5,578 miles on the odometer.
My records, which I am keeping now for quite some time, show this VIN-number CB1-20 15665 as being sold on ebay in 2014 as a rolling chassis for $399.- by a seller here in Ohio.
I hope the buyer will be very happy with his purchase.
Mecum Las Vegas January 2020
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Re: Mecum Las Vegas January 2020
Good catch Mike. I was watching that auction yesterday. $12000. !!!!!!!!!!!!!!!!!!!!!!!!
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Re: Mecum Las Vegas January 2020
Looked the bike over pretty well. Someone worked a miracle if this was the same bike. Can be done, certainly. The only real issue I had with the bike is the paint work on the tank. Painter got lower stripe too high. Other than that, it seemed like an OK bike for that money (especially at an auction). Talked at length to the buyer. Perhaps I’ll hear more of the bike from him in the near future.
Dave
Dave
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Re: Mecum Las Vegas January 2020
Did you check the engine serial number?
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Re: Mecum Las Vegas January 2020
I didn’t verify it but the claim is that the engine number is 15800.
Dave
Dave
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Re: Mecum Las Vegas January 2020
So, the charade is over and some poor sods got taken again. The 1982 CBX that sold for over $9,000 with "only" 14,832 miles on it, had a 1979 speedometer!! It seems like Mecum is not at all interested to protect the integrity of their own activity by better researching the material that goes up for auction. This is only the CBXes I am going into. Don't even want to talk about the Ducatis, BMWs or some of the Kawasaki Triples.
Every time I see a H1 listed anywhere with a "H1F" model description and it is NOT a 1975, I have to cringe.
Every time I see a H1 listed anywhere with a "H1F" model description and it is NOT a 1975, I have to cringe.
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Re: Mecum Las Vegas January 2020
Would most certainly agree. As has been said somewhere, "whatever the market will bear".
Larry Zimmer
cbxlarry@sbcglobal.net
cbxlarry@sbcglobal.net
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Re: Mecum Las Vegas January 2020
Beware the Buyer !!
Mecum is living up to their well deserved crappy reputation.
Best,
Phil
Mecum is living up to their well deserved crappy reputation.
Best,
Phil
When you are up to your ass in alligators it is sometimes difficult
to remember that your objective was to drain the swamp !!
to remember that your objective was to drain the swamp !!