Honda Dream 3E from 1953 - top condition, very genuine bike for sale

[terecha]

Honda Dream 3E – year 1953
The oldest version of 3E model – very rare, has got the same wheel hubs like 2E model. Later 3E had oval wheel hubs. Engine and frame matching numbers. I am the 2nd owner since 1953.
Purchased in Japan a couple years ago. Since new, bike was stored in a dry room. Due it, the rust has never shown up. Until 2018 bike was in original condition. Still has got genuine drive chain and sprockets.
In 2018 bike was completely restored. New paint, all needed parts rechromed, engine and carb rebuilt, new wiring loom, new rear lens, headlight refreshed, new rubbers and tyres. Every single part looks like in 1953. Painted using enamel similar to the Honda’s one.
Runs at the first kick. Top compression. There is no oil smoke from the muffler. Engine doesn’t stall – runs very stable. Bike clutches, stops and shifts gears perfectly. Charging is great. Every single electrical part works fine.
Engine is 10km after rebuild, so it should be broken in by next owner.
Very genuine example of Honda Dream 3E.
Bike will be sold in Bonhams Stafford Autumn Show 19-20 October 2019.
You can also bid online. If you want do it, you must register asap and click 'bid'. It can be shipped worldwide.
https://www.bonhams.com/auctions/25384/lot/391/?category=list&length=394&page=1

[Rex]

Very Teutonic styling but for that price I'd expect tidy wiring and oil pipes...

[murdo]

Agreed.

[iansoady]

Interesting bike but ludicrous price even if it had been original.

[TGR90B]

Possibly a dealer? This is hardly the place for adverts like that IMO.

[mini-me]

I agree with Rex, not a good enough standard of  restoration for the price which would buy a good BSA Gold Star or class vintage bike and have cash left over.

Personally I think its an ugly bike of little other than academic interest.

[cardan]

I wonder if it's worth LESS after its restoration? A bike is only original once.

Leon

[TGR90B]

That's a fair point Leon. A long term friend of mine has a BSA 250 Empire Star that his father bought new before the war. He's been on for years about restoring it; which he will never get round to. I've told him quite firmly just to clean it up and try to get it running. It's been untouched since the sixties.

[terecha]

 Sure, maybe it is not very beautiful bike. But Honda exists till today BSA collapsed long time ago. I marked not very high price. Silly restored 3E models are sold for USD 40 000 - 45 000 from time to time. At this condition and mileage it is low price.
I also restored Porsche 911 from 1965 - it can achieve USD 400 000 point. It is very poor car compared to beautifull Jaguar E type from this era (technically advanced with bigger engines) and Jaguar is 3x times cheaper than Porsche today.

I am collector. I don't have many bikes, but I want to move from village to the city soon. Due it I have to sell my bikes.

Picture of my bike from 2016.

[mini-me]

I suspect that  old Japanese bikes from 1953 have even less of an interest base here in UK as do tatty old french 2 strokes from 1953.

In 1953 any one who even thought of buying a Japanese bike would have been lynched, as the memory of Japanese POW atrocities was very fresh.

Personally I wold not give it garage room even if it was given free, and I agree that it would probably been worth more if you had left it as it was.

and £24 THOUSAND!! is a joke price for it here. No chance.

old honda or this
https://www.ebay.co.uk/itm/Norton-1947-Garden-Gate-Manx-Racing-Machine/302849741922?hash=item4683405462:g:wcYAAOSwfk9bWvvH

or
https://www.ebay.co.uk/itm/1956-BSA-GOLDSTAR-CLUBMANS-DBD-34-Black-Silver/332727262459?hash=item4d78171cfb:g:kE0AAOSwSzRZOTg8




Where do you live?

[terecha]

I am from Poland.

And sure. After WW2 things were different. Also Japan was the first country where recycling was common, due it not many old bikes are saved till today.

Note that you can't buy Honda Dream D from 1949 cheaper than USD 60 000 in very poor condition! I hunted for it 15 years and no chance.

[terecha]

It is not a joke
https://www.bonhams.com/auctions/23131/lot/84/

Younger and common model 4E sold for USD 26 500. Not correct replica of seats installed. Rust in many points.

[terecha]

I suspect that  old Japanese bikes from 1953 have even less of an interest base here in UK as do tatty old french 2 strokes from 1953.

In 1953 any one who even thought of buying a Japanese bike would have been lynched, as the memory of Japanese POW atrocities was very fresh.

Personally I wold not give it garage room even if it was given free, and I agree that it would probably been worth more if you had left it as it was.

and £24 THOUSAND!! is a joke price for it here. No chance.

old honda or this
https://www.ebay.co.uk/itm/Norton-1947-Garden-Gate-Manx-Racing-Machine/302849741922?hash=item4683405462:g:wcYAAOSwfk9bWvvH

or
https://www.ebay.co.uk/itm/1956-BSA-GOLDSTAR-CLUBMANS-DBD-34-Black-Silver/332727262459?hash=item4d78171cfb:g:kE0AAOSwSzRZOTg8




Where do you live?

https://www.hagerty.com/apps/valuationtools/1953-vincent-series_c_black_shadow

[mini-me]

Good luck with selling it.

Those old jap bikes disappeared because they were not built very well, nothing to do with recycling.

No one in UK wants old Japanese bikes, except maybe a one or two trendy dealers so maybe you should try to sell it in USA where they have more money than sense and were buying Japanese bikes long before us because they occupied japan for so long and could buy them for almost nothing.

In UK in the 1950s we only bought British made bikes.

There is no comparison in those links you give, they were sold in the USA, and you cannot, not ever, compare a Vincent with that Honda[even though I don't like Vincents]. Nor do one off auction prices in the USA or here even give a true market place value.

I think you are falling into the common trap of a lot of people outside the UK of seeing the stupid prices asked for a lot of bikes here by some dealers or ignorant  amateur dealers and believing they are a true reflection of real prices.

Try this site, which goes world wide and is free to sell on.  https://www.carandclassic.co.uk/.   you might have more luck there.

[terecha]

Because in 1950's Jap bikes were primitive compared to British products
Thank you for the advices Mini.