I've been thinking about that replica "1903" Harley that was for sale on eBay. (I say "1903" because that's how the bike was advertised, but actually there was no 1903 model Harley. The bike as constructed looks similar to an early 1905 "Model 1" Harley.)
Anyway, the ad claims this to be a "...Rare Investment Quality Motorcycle..." However, I question that statement. How can a replica bike be an investement? To my way of thinking an "investment" is something that increases in value over time by its desireable intrinsic nature and by its rarity.
Early Harleys built in Milwaukee that have original parts certainly meet those criteria, but does a replica bike? That seems doubtful when in future we will almost certainly see more and more of these replica bikes being produced. With greater numbers the price of them should go down and not up based on the law of supply and demand.
Afterall, these early strap-tank Harleys are relatively simple in construction. If a person were to go through all the trouble of reproducing the parts of an old bike, why just reproduce one? Why not make a few dozen spares of each part? The added cost would not be that much greater and you could start a nice on-going business for yourself turning out replicas. We see it all over with clone bikes of modern Harleys. Why not a new clone bike industry for the much more rare early models?
If we see this happen and early replica bikes proliferate, how much of an "investment" will these first high-buck ones end up being?
Opinions?
Anyway, the ad claims this to be a "...Rare Investment Quality Motorcycle..." However, I question that statement. How can a replica bike be an investement? To my way of thinking an "investment" is something that increases in value over time by its desireable intrinsic nature and by its rarity.
Early Harleys built in Milwaukee that have original parts certainly meet those criteria, but does a replica bike? That seems doubtful when in future we will almost certainly see more and more of these replica bikes being produced. With greater numbers the price of them should go down and not up based on the law of supply and demand.
Afterall, these early strap-tank Harleys are relatively simple in construction. If a person were to go through all the trouble of reproducing the parts of an old bike, why just reproduce one? Why not make a few dozen spares of each part? The added cost would not be that much greater and you could start a nice on-going business for yourself turning out replicas. We see it all over with clone bikes of modern Harleys. Why not a new clone bike industry for the much more rare early models?
If we see this happen and early replica bikes proliferate, how much of an "investment" will these first high-buck ones end up being?
Opinions?
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