Author Topic: 1977 LeMans Auction  (Read 4043 times)

Offline Stephen Hill

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1977 LeMans Auction
« on: January 26, 2018, 11:04:19 AM »
Today at the Mecum Auction:  https://www.mecum.com/lots/LV0118-314993/1977-moto-guzzi-lemans/
Interesting to see what it will sell for.
Any thoughts??

Stephen Hill
1977 Moto Guzzi LeMans Mk1
1989 Honda NT650, 1999 Honda VFR
1956 BSA Gold Star, 1968 BSA Royal Star
1968 Triumph Bonneville, 1969 Triumph Daytona, 1973 Triumph Trident
1968 Norton Fastback, 1969 Norton 650SS, 1972 Norton Commando Combat, 1974 Norton Commando Interstate

Offline gearman

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Re: 1977 LeMans Auction
« Reply #1 on: January 26, 2018, 01:44:17 PM »
Today at the Mecum Auction:  https://www.mecum.com/lots/LV0118-314993/1977-moto-guzzi-lemans/
Interesting to see what it will sell for.
Any thoughts??

Stephen Hill  IT SAYS SOLD.Is this true?

canuck750

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Re: 1977 LeMans Auction
« Reply #2 on: January 26, 2018, 01:55:46 PM »
It went for $16,500.oo, a fair price (on the high side) for the condition in my opinion.

On Thursday the 74 Ducati 750 GT, original, unrestored went for $17,050.oo

and the 75 Benelli 650S went for $8250.oo

I was surprised to see a 1982 Suzuki Katana 1000 fetch $15,400.oo
« Last Edit: January 26, 2018, 02:02:16 PM by canuck750 »

Offline Stephen Hill

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Re: 1977 LeMans Auction
« Reply #3 on: January 26, 2018, 02:38:03 PM »
A bit higher than I guessed.  In my other life, I am into Norton Commandos, so I was surprised to see this one:
https://www.mecum.com/lots/LV0118-314762/1973-norton-commando/
go for $27,500 US.
Nice bike, but really?

Stephen Hill
1977 Moto Guzzi LeMans Mk1
1989 Honda NT650, 1999 Honda VFR
1956 BSA Gold Star, 1968 BSA Royal Star
1968 Triumph Bonneville, 1969 Triumph Daytona, 1973 Triumph Trident
1968 Norton Fastback, 1969 Norton 650SS, 1972 Norton Commando Combat, 1974 Norton Commando Interstate

Offline arveno

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Re: 1977 LeMans Auction
« Reply #4 on: January 26, 2018, 02:53:39 PM »


Seems that the le mans always sell for higher price than a  V7 Sport .  I wonder why ?

canuck750

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Re: 1977 LeMans Auction
« Reply #5 on: January 26, 2018, 03:02:14 PM »

Seems that the le mans always sell for higher price than a  V7 Sport .  I wonder why ?

Sex Appeal ..... the V7 Sport is in my opinion a more iconic motorcycle, built up to a high specification, the Le Mans is to many a better looker, the bike that got the attention of the press.

As much as I really like the first generation Le Mans the V7 Sport with the Borani rims and spokes coupled to a 4LS front brake, the stainless steel fenders, swan neck clip-ons, Koni shocks and the metal tool boxes all add up to a level of quality that ended with the V7 Sport / 750S.

Offline Tom

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Re: 1977 LeMans Auction
« Reply #6 on: January 26, 2018, 04:02:28 PM »
The 850 LeMans being the "first" factory cafe is debatable but WOW on sales price.  :shocked:  I guess if I sell mine I can ask for more.  :grin:
From the Deep Deep South out in left field.  There are no stupid questions.  There are however stupid people asking questions.  🤣, this includes me.  😉 Hawaii.

Offline arveno

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Re: 1977 LeMans Auction
« Reply #7 on: January 26, 2018, 04:43:19 PM »
The 850 LeMans being the "first" factory cafe is debatable but WOW on sales price.  :shocked:  I guess if I sell mine I can ask for more.  :grin:


I see what you say and i have to agree , the only think that appeal me more on the le mans are the disc brakes  :laugh: it makes a le mans more "usable" on today's traffic roads

jwinwi

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Re: 1977 LeMans Auction
« Reply #8 on: January 26, 2018, 05:36:41 PM »
Sex Appeal ..... the V7 Sport is in my opinion a more iconic motorcycle, built up to a high specification, the Le Mans is to many a better looker, the bike that got the attention of the press.

As much as I really like the first generation Le Mans the V7 Sport with the Borani rims and spokes coupled to a 4LS front brake, the stainless steel fenders, swan neck clip-ons, Koni shocks and the metal tool boxes all add up to a level of quality that ended with the V7 Sport / 750S.
And don't forget gears in the timing chest on the early V7 Sports... The Sport has elegance and class that was gone when the LeMans went on sale. Clearly the oil filter and disc brakes make the LeMans more usable but the Sport's clean lines have much stronger appeal for me.

Offline Chuck in Indiana

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Re: 1977 LeMans Auction
« Reply #9 on: January 26, 2018, 07:01:37 PM »
Sex Appeal ..... the V7 Sport is in my opinion a more iconic motorcycle, built up to a high specification, the Le Mans is to many a better looker, the bike that got the attention of the press.

As much as I really like the first generation Le Mans the V7 Sport with the Borani rims and spokes coupled to a 4LS front brake, the stainless steel fenders, swan neck clip-ons, Koni shocks and the metal tool boxes all add up to a level of quality that ended with the V7 Sport / 750S.

Agreed. IMHO, they were the epitome of "quality" engineering for Guzzi. 
Chuck in (Elwood) Indiana/sometimes SoCal
 
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Offline 73eldorado

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Re: 1977 LeMans Auction
« Reply #10 on: January 26, 2018, 07:12:25 PM »
Sex Appeal ..... the V7 Sport is in my opinion a more iconic motorcycle, built up to a high specification, the Le Mans is to many a better looker, the bike that got the attention of the press.

As much as I really like the first generation Le Mans the V7 Sport with the Borani rims and spokes coupled to a 4LS front brake, the stainless steel fenders, swan neck clip-ons, Koni shocks and the metal tool boxes all add up to a level of quality that ended with the V7 Sport / 750S.
The V7 sport with the 4LS is the most iconic and best looking Guzzi IMHO, although I wouldn’t kick a Lemans out of my shop because of its looks!!
1973 Eldorado
1981 Lemans
2006 Hayabusa
1978 Suzuki GS 1000
1997 Honda XR400

canuck750

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Re: 1977 LeMans Auction
« Reply #11 on: January 26, 2018, 07:25:48 PM »
The V7 sport with the 4LS is the most iconic and best looking Guzzi IMHO, although I wouldn’t kick a Lemans out of my shop because of its looks!!

I have only ridden my LeMans around the block a few times before I stripped it down but my impression between the two is the LeMans was much quicker, responded to a handful of throttle with a real leap. The triple disc brakes of the Le Mans are way ahead of the V7 Sport, and the overall package of the LeMans makes for a more spirited ride. If I were pick one for a regular Sunday rider to blast around on it would have to be the LeMans.
For me the one thing the V7 Sport has over the LeMans is comfort, the V7 Sport swan necks raised all the way up make for a pretty comfortable ride for a couple hours.
The V7 Sport brakes are ok, not great but they will haul it down with a big handful of brake lever.

Offline Tom

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Re: 1977 LeMans Auction
« Reply #12 on: January 26, 2018, 07:45:37 PM »
 :1: on the comments for the 850 LeMans over the V7Sport 1973
From the Deep Deep South out in left field.  There are no stupid questions.  There are however stupid people asking questions.  🤣, this includes me.  😉 Hawaii.

Offline Devildog

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Re: 1977 LeMans Auction
« Reply #13 on: January 26, 2018, 07:53:28 PM »



$14,300 bought the pretty Eldorado.
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Offline 73eldorado

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Re: 1977 LeMans Auction
« Reply #14 on: January 26, 2018, 08:18:58 PM »
I have only ridden my LeMans around the block a few times before I stripped it down but my impression between the two is the LeMans was much quicker, responded to a handful of throttle with a real leap. The triple disc brakes of the Le Mans are way ahead of the V7 Sport, and the overall package of the LeMans makes for a more spirited ride. If I were pick one for a regular Sunday rider to blast around on it would have to be the LeMans.
For me the one thing the V7 Sport has over the LeMans is comfort, the V7 Sport swan necks raised all the way up make for a pretty comfortable ride for a couple hours.
The V7 Sport brakes are ok, not great but they will haul it down with a big handful of brake lever.
owning a Lemans  myself I agree with the performance advantage. My opinion of the V7 is on the looks only!!
1973 Eldorado
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1978 Suzuki GS 1000
1997 Honda XR400

Offline dsrdave

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Re: 1977 LeMans Auction
« Reply #15 on: January 26, 2018, 09:31:11 PM »
The lemans was a decent rider but by no means an original unmolested bike.  Switch gear upgraded, front shocks upgraded and a number of other minor items. Paint was ok an I believe original, but the black had been waxed/polished so much as to become a gloss finish...
2-850T, 2-1000 convert/hacked, V11 sport, V50, centauro, '97 sport 1100, '71 V7 ambo, '76 850 Lemans,CX100,"83 LM III,1000SE, '91 LM V, '07 Griso, '53 super alce,moto parilla, zigolo, Lodola 175,and 235,  '07 norge, '67 stornello, 57galletto, Nuovo Falcone, 66 ISDT, 52 Airone sport, cafe sport

Offline 73eldorado

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Re: 1977 LeMans Auction
« Reply #16 on: January 26, 2018, 09:43:04 PM »



$14,300 bought the pretty Eldorado.
it seems that the Eldorado prices keep going up, people are realizing what a great looking bike it is and its a great tourer also.
1973 Eldorado
1981 Lemans
2006 Hayabusa
1978 Suzuki GS 1000
1997 Honda XR400

Online JJ

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Re: 1977 LeMans Auction
« Reply #17 on: January 27, 2018, 09:06:28 AM »
This 1977 850 Le Mans went for $15,000 and it was nice...but not that nice (IMHO).  Still market values for these survivors is climbing...







Life Member: MGNOC L-772, AMA, HOG,
Village of Oak Creek, Arizona
Current bike: 2025 Moto Morini Calibro 700
Previous Guzzi's owned:
* '78 850 Le Mans
* '02 V11 Le Mans
* '93 SP1000-III
* '83 850 Le Mans III
* '98 V10 Centauro GT

Offline blackcat

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Re: 1977 LeMans Auction
« Reply #18 on: January 27, 2018, 09:33:20 AM »
Well, I just purchased a round tail light Lemans yesterday. Not together, but it's nice to know that I shouldn't exceed the current value when finished.

Anyone know the PPG code for the Ice Blue Lemans?
1968 Norton Fastback
1976 Lemans
1981 CX-100
1993 1000S
1997 Daytona RS
2007 Red Norge

Online Antietam Classic Cycle

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Re: 1977 LeMans Auction
« Reply #19 on: January 27, 2018, 09:49:47 AM »
I really liked riding my customer Jim's '78 Le Mans with the Corbin seat it had on it. It was much less comfortable when fitted with a reproduction of the original seat.

My favorite of the early "sporting" Tontis is still a '74 V7 Sport with disc brakes. Very enjoyable bike to ride because of the "normal" braking and all day comfortable. I have a crusty 850-T that might end up being a 750S clone/tribute.

Charlie

Offline Aaron D.

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Re: 1977 LeMans Auction
« Reply #20 on: January 27, 2018, 11:11:37 AM »
I had long term ownership of both an early V7 Sport and a '77 LeMans.

The V7 Sport was something special, in so many ways, and buying it (new) is one of the highlights of my motorcycling memories.

That said, the LM is a better motorcycle-which should surprise nobody. I still miss it.

Offline Devildog

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Re: 1977 LeMans Auction
« Reply #21 on: January 29, 2018, 09:21:50 AM »



Sold for $14,300. Not sure if the quoted prices are the hammer price or with the buyers premium added. A few years ago a nice LeMans mk 1 would not have reached 10k, so that result and prices for other 70-80's era bikes show that collectors are likely pleased with rising values, and the auction houses are doing even better, the cumulative results for Vegas seem to be far above previous years.
We're there lots of buyers attending , or were investors/buyers buying lots of bikes?
'93 Daytona 1000
'95 Sport 1100
'98 Ducati 900 SS Final Edition
2002 Aprilia RSV Mille R
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Online JJ

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Re: 1977 LeMans Auction
« Reply #22 on: January 29, 2018, 09:39:58 AM »
QUOTEWe're there lots of buyers attending , or were investors/buyers buying lots of bikes?

Yes, lots of buyers attending, lots of sellers also, farming out their collections, one major collector I know had >120 bikes there!! :shocked: :shocked: :shocked: 

There were >1,750 bikes at MECUM alone!  Record prices and attendees, I believe...

Not so many bikes  at BONHAM's, in fact, less than last year.  Personally not attending that one next year.

Restored vintage motocross bikes prices were particularly strong this year. 

High-end custom "choppers" from past years brought next to nothing...

I saw more than a handful each of Honda CBX's, Honda CB750's, HD XLCR's, Suzuki GT750's, Kawasaki Z1 900's.

See all results and lots (46 pages) at www.mecum.com :cool:
Life Member: MGNOC L-772, AMA, HOG,
Village of Oak Creek, Arizona
Current bike: 2025 Moto Morini Calibro 700
Previous Guzzi's owned:
* '78 850 Le Mans
* '02 V11 Le Mans
* '93 SP1000-III
* '83 850 Le Mans III
* '98 V10 Centauro GT

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