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Bonhams Stafford October auction

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  • #1

    Bonhams Stafford October auction

    Only one Greeves, a 1966 MX3 Challenger

    Bonhams Cars : 1966 Greeves 250cc Challenger MX3 Frame no. 24MX3C 1298 Engine no. GPA5 1140
    https://www.bonhams.com/auctions/24885/lot/350/?category=list&length=100&page=3
    As an established engine builder, Greeves was able to survive while many rivals disappeared, along with the supply of Villiers engines, in the late 1960s. The first (virtually) all-Greeves model was the Challenger scrambler, introduced in 1964. Built in 246cc and (later) 362cc capacities, the Challenger engine incorporated an Alpha crankshaft assembly within Greeves' own crankcases, which were complemented by a generously finned alloy top end. Mated to an Albion gearbox, this new power unit was carried in typically-Greeves cycle parts consisting of a cast-alloy beam frame and leading-link forks, the latter of the 'banana' type from late 1965 with Cerianis optional. By that time the Challenger was being built in improved MX2 form, with duplex primary chain and stronger, kidney-shaped gearbox, while a 362cc version had been added to the range. There are no documents with this Lot.


    Dogsbody
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  • #2
    Frame no. 24MX3C 1298 Engine no. GPA5 1140
    Looks like its been standing sometime, cobwebs and flats on tyres.
    Note 25% buyers commission on this

    Buyer's Premium Rates
    25% on the first £175,000 of the Hammer Price
    20% from £175,001 to £3,000,000 the Hammer Price
    12.5% from £3,000,001 of the Hammer Price

    VAT at the current rate of 20% will be added to the Buyer's Premium
    This means that on a hammer price of £2000 buyer will end up paying £2600 All pushing up the cost to the genuine buyer looking for a first time purchase. Bit like houses really.
    Attached Files
    Last edited by John Wakefield; 21/09/2018, 10:42 AM.

    Comment

    • #3
      Hello John,
      This looks like a good original bike apart from the folding foot peg, one side only.
      For show it would be good value at the estimate but to get it to racing standard would cost maybe another £1000.
      Thanks for your details on the bike and might give it a go.

      Craig

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