No Reserve – 1948 Famous James ML 125 Owned By The Petersen Museum

SOLD FOR: $3,350

Reserve price has been met.

This auction ended on February 28, 2024

Winner: a**s

Winning Bid: $3,100
Buyer Fee: $250
Total: $3,350

Next Auction Ending >

Description

Please note: This MX74 is being offered up for sale by the Petersen Automotive Museum located in Los Angeles, California. Iconic Motorbikes is happy to be of assistance in the museum’s efforts to refocus its collections!

Additional photos are available here for your perusal.

Built from the same cloth as the original K17 James Lightweight, the ML 125 was originally created as an alternative transport option for troops during World War II, hence the acronym ‘Military Lightweight’. At the heart of the Famous James was a single-cylinder 125cc 2-stroke engine that required little maintenance and gained some notoriety for its reliability — a must given the extreme environments the bike most often used in.

The single-cylinder made around three horsepower with a top speed of approximately 40mph coming at the top of 3rd gear. Beyond the mill, the ML came standard with a three-speed transmission.  The hand shifter that was mounted alongside the fuel tank, keeping it up and away from terrain and debris. All in, the Military Lightweight stayed true to its name, weighing just 175lbs fully laden (with fuel), making it ideal for navigating the countryside that most airborne soldiers would find themselves in.

From the beaches of Normandy to the streets of Europe, the ML 125 was produced for several years post-war, keeping the same model designation. It was eventually exported overseas, and even made its way stateside. Winston Churchill famously described the Military Lightweight as “… a true gift in every sense, a truly historic example of England’s finest motorcycles.”

This example is VIN: ML17852, Engine #: 53919946. The frame stamping appears to read L844. It has been owned by and stored in the Petersen Automotive Museum for the last twenty years.


True mileage is unknown.

Maintenance:
The seller states that they have cleaned the carburetor and fuel lines.  It “needs to be tuned but the motor runs.

Modifications:
Per the seller, this example is stock.

Inside of the tank:

It is riding on tires that have aged out.

Cosmetic Blemishes: please see the album up top for all known cosmetic blemishes. Here is a selection:

Currently located in Los Angeles, California, this James is offered on a Bill of Sale only. Have any ML 125 stories or questions about this listing? Let us know in the “Comments” tab!

Additional Information

Location

Los Angeles, California

Year

1948

Make

James Motorcycles

Model

ML 125

Mileage

True Mileage Unknown

VIN

ML17852

Title

Bill of Sale Only

Title State/Country

N/A

Private Party/Dealership

Private Party

Additional Charges

No

VIN Report

N/A

Total Bids Placed: 28

Auction has ended.

Highest bidder was: a**s

Bidder Name Bidding Time Bid Auto
a**s February 28, 2024 10:59 am PST $3,100
j***s February 28, 2024 10:59 am PST $3,000 Auto This was automatically placed for a bidder with a higher proxy.
j***s February 28, 2024 10:58 am PST $2,600 Auto This was automatically placed for a bidder with a higher proxy.
a**h February 28, 2024 10:58 am PST $2,500
j***s February 28, 2024 10:57 am PST $2,300 Auto This was automatically placed for a bidder with a higher proxy.
a**h February 28, 2024 10:57 am PST $2,200
j***s February 28, 2024 10:57 am PST $2,100
a**s February 28, 2024 10:57 am PST $2,000 Auto This was automatically placed for a bidder with a higher proxy.
a**s February 28, 2024 10:57 am PST $1,900
a**h February 28, 2024 10:57 am PST $1,800 Auto This was automatically placed for a bidder with a higher proxy.
a**h February 28, 2024 9:40 am PST $1,700
d****z February 27, 2024 8:51 am PST $1,600
a**h February 27, 2024 8:50 am PST $1,500 Auto This was automatically placed for a bidder with a higher proxy.
d****z February 27, 2024 8:50 am PST $1,450
a**h February 26, 2024 1:15 pm PST $1,350
w**************e February 25, 2024 4:17 pm PST $1,250 Auto This was automatically placed for a bidder with a higher proxy.
j***s February 25, 2024 4:17 pm PST $1,200
w**************e February 23, 2024 10:17 am PST $1,100
a**h February 23, 2024 10:17 am PST $1,000 Auto This was automatically placed for a bidder with a higher proxy.
a**h February 23, 2024 10:16 am PST $850 Auto This was automatically placed for a bidder with a higher proxy.
w**************e February 23, 2024 10:16 am PST $750
a**h February 22, 2024 1:45 pm PST $601 Auto This was automatically placed for a bidder with a higher proxy.
c*******o February 22, 2024 1:45 pm PST $501
a**h February 22, 2024 1:44 pm PST $401 Auto This was automatically placed for a bidder with a higher proxy.
c*******o February 22, 2024 1:44 pm PST $301
a**h February 22, 2024 1:44 pm PST $201 Auto This was automatically placed for a bidder with a higher proxy.
c*******o February 22, 2024 1:44 pm PST $101
a**h February 22, 2024 7:56 am PST $1 Reserve
Auction started February 21, 2024 11:00 am PST
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Iconic Motorbike Auctions
No Reserve – 1948 Famous James ML 125 Owned By The Petersen Museum
Asking price (including buyer’s fee): SOLD FOR: $3,350
$0.00 to the seller