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miller6997
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VBMWMO #6997
Joined: 10/27/2006
Posts: 974

I noticed that Jeff Dean's R51/3 is for sale on ebay. Tim Stafford, who did the restoration, is managing the sale, with a mere $36K as the "buy-it-now" price:

http://www.ebay.com/itm/1954-BMW-R-Series/222644001689?ssPageName=STRK%3...

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Jon Miller
'67 R69S
'13 F800GT

Twocams
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VBMWMO #8750
Joined: 03/16/2014
Posts: 666
Very famous bike with the

Very famous bike with the cactus back ground. But isnt 36K a nice down payment for a house?

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Twocams
69 R69S 03 K1200GT
92 R100RT

mauricedonini
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VBMWMO #9234
Joined: 01/06/2017
Posts: 19
The house across the street

The house across the street from our son sold for $29K a couple years back.

Liveable, but definitely needed more work than a Tim Stafford restoration Smile.

GLWTS.

Slash2
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VBMWMO #9015
Joined: 10/17/2015
Posts: 261
Hmm

While I'll admit that Tim's restorations are amazing and likely second to none. $30k for a motorcycle restoration befuddles me.

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64' R60/2 - 66' R27 - 51' R67 - 68' R69S
88' R100RS - 06' K12R

tbounds02
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VBMWMO #8592
Joined: 07/30/2013
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Is 30k too much for a

Is 30k too much for a restoration of a bike maybe it is or maybe it isn't . I all depends on the value of the bike.
If it were an Indian Chief , or knuckle harley , or R68 maybe not .
for a R51/3 me think too much .
I would find it hard to believe a R51/3 unrestored with less than 2000 miles in pristine condition would be worth over $30,000 plus the cost of the bike .

miller6997
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VBMWMO #6997
Joined: 10/27/2006
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Arithmetic

If you add up the relative rarity of the bike, the cost of new parts, the price of reconditioning of old parts, the number of shop hours involved, and the prestige value of Tim's reputation, I don't think it's hard to get to $30K. Depending on who does the work, a complete paint job alone will get you a third of the way to that total. I love high-end restorations when other people pay for them, but I would never undertake one or agree to pay for one, even if money was not a consideration.

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Jon Miller
'67 R69S
'13 F800GT

tbounds02
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VBMWMO #8592
Joined: 07/30/2013
Posts: 118
Rarity?

Rare is not a word I would use for a R51/3 they made thousands and thousands of them . They were not rare at time of production , if your saying rare because of age of bike maybe , but i don't think so.
I have a R51/3 full mechanical restored by Vech from front to back and top to bottom and runs perfect . It cost me about 7K , now it didn't get painted , because i thought it looked good enough for me . The cost of bike was about 14k so I have over 20k in bike .
I don't believe i could sell it for that .
It goes back to the old saying it's worth what someone is willing to pay.

miller6997
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VBMWMO #6997
Joined: 10/27/2006
Posts: 974
Relative rarity

You're right about the production numbers, but compared to /2s and airheads the number of survivors in North America is relatively small. But you're right, "rare" may be an overstatement, compared, say, to an R68. Still, if you had added a top-of-the-line paint job to your $20K outlay, you would have been inching toward $30K. I would never pay that, even if I had a drawer full of Apple stock, but it will be interesting to follow the auction. Maybe we'll learn what Tim Stafford's signature is worth.

(Memory lane: When I was in college in Washington in the '60s, I bought an R51/3 from a starving fellow student for $100. It was mid-winter and I never rode it. After a month he bought it back and I never saw it again.)

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Jon Miller
'67 R69S
'13 F800GT

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