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1967 P11 Value

Discussion in 'Norton P11 Motorcycles' started by Elfix, Mar 8, 2020.

  1. Elfix

    Elfix

    Joined:
    Mar 8, 2020
    Hi Folks-

    Newb here. I have the opportunity to buy a 1967 P11 (serial 121168) that is reasonably complete and in running condition, but is in need of fettling to be roadworthy. It's in need of a repaint, could use a new seat, has the wrong air filter and was converted to magneto ignition at some point. And, naturally, it will require all the old rubber bits replaced. It appears to have 8400 original miles on it, and I would label it as being in "good" condition- or about a 7 out of 10, mostly for cosmetic reasons.

    I'm having trouble finding a solid relative value for this machine. Any pointers? Anyone care to suggest a range?
     
  2. mdt-son

    mdt-son

    Joined:
    Jan 19, 2012
  3. pierodn

    pierodn

    Joined:
    Nov 10, 2012
    I
    in USA 7/10 $
    in England 9/10 P
    In Italy 13.000 Euro
    This is the price for sale that i have seen in last years.
     
    jerrykap likes this.
  4. Ron L

    Ron L VIP MEMBER

    Joined:
    Feb 27, 2004
    The prices others have posted seem to be in the ballpark, but the only real answer is what the buyer is willing to pay. If you want it and can afford it, then the price is right. If your plan is to flip it for a profit, then you shouldn't be asking that question on this forum. I saw a post somewhere that said the way to sell a Norton for $10K is to buy it for $1K and spend $13K to restore it!
     
    nortriubuell, jerrykap and mdt-son like this.
  5. mdt-son

    mdt-son

    Joined:
    Jan 19, 2012
    That's true. Bikes are poor investment objects. However, the compensation for monetary deficit is enjoyment and satisfaction. A P11 brought back to a gleamy state of tune can fetch $15K upwards, but I have no idea how much money you'd have to throw at it to reach such perfection - probably a lot. You need to be a professional restorer if expecting your own workshop hours to be rewarded.

    -Knut
     
    jerrykap likes this.
  6. Elfix

    Elfix

    Joined:
    Mar 8, 2020
    Thanks folks!

    Seller was right in the middle of that range, so I think we can deal.

    While I appreciate the gleaming museum restorations, I really prefer a more modest approach that allows the bike to be used as designed- my intent was to make a "rider restoration": good 10-foot appearance and something that I won't feel bad about riding in the mud, with most attention paid to mechanical details and pure appearance secondary. Hopefully it can serve as my conveyance to Dawson the next time I make the D2D run. My 72 Yamaha RT2 has made the trip twice and it's time for a change!
     
    jerrykap and baz like this.
  7. pierodn

    pierodn

    Joined:
    Nov 10, 2012
    As far as i knowh in Italy there are eight P11 on the road.
    Mine first was owned here at home from a USA navy six fleet Nato with base Gaeta.
    Others come all from USA or England.
    Not very easy to have a P11 here and who wants has to pay much.
    Last, nice bike but not concours, was paid 13000 euro.
    In the early of 1970 there was a P11 in Rome owned by an american actor.
    Had licenze RHX192F i think english.
    I have the picture.
     
    Last edited: Mar 10, 2020
    nortriubuell likes this.
  8. p400

    p400 VIP MEMBER

    Joined:
    Jul 14, 2014
    So Elfix, where is the photo set of this P11 you are considering?


    MtMitchellCraigNortonP11.jpg
     
    Last edited: Mar 11, 2020
    nortriubuell and elefantrider like this.
  9. elefantrider

    elefantrider VIP MEMBER

    Joined:
    Apr 6, 2013
    This bike was for sale a long time but finally sold for much less. It had low miles on the speedo but a frozen motor. I know because I bought it.
     
  10. Elfix

    Elfix

    Joined:
    Mar 8, 2020
    I haven't figured out how to post pictures to here- is there a on-site tutorial?
     
  11. elefantrider

    elefantrider VIP MEMBER

    Joined:
    Apr 6, 2013
    Yes, please do a search.
     
  12. elefantrider

    elefantrider VIP MEMBER

    Joined:
    Apr 6, 2013
  13. Elfix

    Elfix

    Joined:
    Mar 8, 2020
    Well, It appears I need a new photo hosting thingie- I gave up on Photobucket when they ransomed all my pictures. Let me see what I can do...
     

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