I have a 1963 Velocette motorcycle engine / transmission assembly that was purchased brand new in the 60s and then never used. I am not so much looking for a ‘valuation’ as I am keen on hearing how people would come up with a value.
I don’t want to give it away, but I don’t want to be unreasonable. Reality is my main objective is to ensure it goes to a good home after our family has spent over half a century with it sitting on the basement work bench.
Do I use the cost to rebuild an engine as a guide?
Do I set its value as a certain percentage of the current market value of the model of cycle it is from?
Do I roll dice and see what number comes up?