"BRIT IRON" takes you behind the scenes at
IN THIS WEEK'S ISSUE:
September 2011 - Issue #9
* THE CAST IS COMING OFF in just a few days!
* RICKMAN AUCTION PROJECT continues.
* ANDY'S WEIRD STUFF It's true what they've been saying...
MY CAST IS FINALLY COMING OFF
After having fractured my right foot 6 weeks ago, I've been hobbling around like Quasimodo ever since & I'm sick of it!! Frankly, I'm so used to it that I hardly think about it anymore. But I can't ride my bike, and that just pisses me off! So, this Friday, the cast comes off, more X-rays & if everything is OK, I should be able to say goodbye to the cast for good. Gotta be real careful though, because that's my kickstarting foot. While my little injury cost me the ride to the California BSA Rally in Visalia last weekend, I am hoping to make it to the San Luis Obispo Classic Motorcycle Show in October, riding with a group out of San Jose.
MONETIZING THE SITE
While my love for Brit bikes is almost without bounds, I have always planned, at some point, to make some money with this website, I just wasn't sure how. So, with traffic breaking 700+ unique visitors per day, I have begun the process of Monetization. You will be seeing some changes on the site, a few new things added, but nothing taken away. We will begin offering books, posters, parts & accessories & other products specific to the bikes you love. In other words, when you go to a page about
you'll see ads for books about Nortons. I will endeavor not to cheapen the site or clutter it with a bunch of unrelated junk. Only bike stuff for people who love bikes.
RICKMAN AUCTION PROJECT CONTINUES
I bought this drop-dead gorgeous 1973 Rickman Montessa 250 for...sorry, I'm not saying just yet.
This 1971 Rickman-Montessa 250 sold at the last MidAmerica Auction in Las Vegas in January 2011 for $4,000. Mine is identical except for the pipe.
WHAT DOES IT TAKE TO MAKE MONEY ON A BIKE?
I am convinced that it boils down to 4 things:
1.) Buy right.
2.) Know it's true value.
3.) Buy a bike that needs nothing.
4.) Get it in front of the right buyers when its time to sell.
I think I bought it right (you'll know how much I paid after I sell it in auction, in January. And on that subject, I am confident that the
MidAmerica Auction in Las Vegas
is the best possible venue to sell a motorcycle like this. There will be literally hundreds of qualified buyers in attendance.
So that leaves just one question: What is the true value of the bike? We already have the comparable sale from the last MidAmerica Auction, the '71 Rickman at $4,000, and I honestly think my bike looks nicer.
N.A.D.A. MOTORCYCLE PRICE GUIDE
The N.A.D.A. Vintage & Collectible Motorcycle Price Guide gives values of motorcycles in a variety of conditions from 1905 to 1996. It compiles dealer & private party sales with auction results & it's generally a pretty reliable barometer of value. As you can see (red arrows) a '73 Rickman 250 goes for $4,775 in primo condition & $3,625 in decent shape. So, all indications are that this bike should be worth at least $4,000 in auction. Of course, there are never any guarantees. But, I can make some money at that price, enough to pay the $700 in auction fees ($350 consignment fee & $350 minimum sales commission if it sells) & still clear enough profit to more than pay for my trip to Vegas. For now, I'm taking parts off for cleaning & polishing, but making sure I don't do too much. That's where the money is lost. Clean & polish & nothing more...that's my goal here.
NEW FEATURE: ANDY'S WEIRD STUFF
Well, it's not new to me. I do a lot of driving & I see a lot of weird stuff out there. Maybe it's just me, maybe I'm the weird one, but some of this stuff just strikes me as funny, and so I take pictures So, each week (more or less) I will delve deep into my treasure trove of the bizarre & the goofy. These are my own photos, taken in my travels. I didn't find them someone online, and you wont' see them anywhere either. Are they as weird as I think? Or is it me? You decide.
I call this one "BIKER IN A CAST" & I present it to you in honor of my own cast, very soon to meet its final fate. I saw this guy just a couple of weeks ago, riding his Harley with his right foot in a cast (no kickstarter) & his cane strapped to the bike. That's my kinda guy.
UNTIL NEXT TIME...
Please pass this newsletter along to your friends (forward it) & encourage them to
as well. I'd also love hearing from you with any comments, criticisms, ideas, or suggestions on this website, so
please CONTACT ME.
Enjoy the ride,