2 years ago I paid a Gentleman £12000 cash for a Velocette, we went to pay it into his bank who would NOT accept it unless I could show statements showing I had withdrawn it from a bank which I had ! I did not have that with me so we then went to a branch of my bank nearby, paid it back in and my bank then transferred to his ! All to do with money laundering, also its harder to pay online now over certain amounts because the banks quiet rightly think it could be a scam and carry out phone calls and security checks which can take up to 3 hours. Also there is a new maximum of £30,000 for most transfers,
Back to prices, they are down approx 20% and I still await with interest the auction results,
A knight for £60, 000+ ? maybe rarer models like these will get more like they used to, A Knight more than a Rapide and a Prince more than a Shadow ? Are these fewer buyers going that way, what about the investors now have they dropped out because the market IS falling, ?