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Bikesales Staff30 Apr 2012
NEWS

Vintage Indian sells for $155,000

Remember the unrestored 1903 Indian that was recently up for grabs at an auction? Well, it sold, but perhaps for not the moolah we thought it would...
An unrestored 1903 Indian motorcycle has sold for $155,000 at a public auction America to a collector from New York City.
It’s one of only three built in 1903, and some analysts were predicting it could fetch as high as $500,000. The world record paid for a motorcycle is $551,000.
Powered by a 1.7hp (1kW) engine, the Indian was part of the estate of a chap called Charlie Alder Junior. The vintage Indian motorcycle was bought by Alder's father for just $50 in 1950, before which it had been hanging on the wall of a local dentist for 30 years, since 1920!
The rare American motorcycle retains its push-bike pedals and has been kept in storage for the better part of the last 50 years.
Do you think $155,000 is a bargain for such a slice of history?
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