No Reserve – 1960 Gilera Giubileo

SOLD FOR: $1,452

Reserve price has been met.

This auction ended on August 20, 2024

Winner: b****t

Winning Bid: $1,202
Buyer Fee: $250
Total: $1,452

Next Auction Ending >

Description

Please note: The seller is managing the sale of this collection on behalf of the owner’s estate. He has represented each bike to the best of his ability and will be unable to provide further history or supporting documentation. The bike does not currently run and the seller cannot confirm mechanical condition. He has provided a walk around video and is selling the bike as-is. A local dealership will be providing the Bill of Sale; all fees (with the exception of Iconic’s buyer’s fee) and taxes will be accounted for by the dealer.

Additional photos are available here for your perusal.

Gilera was founded in Acore Italy outside Milan in 1909. After WWII, it was Gilera’s racers that grabbed headlines by dominating the World Motorcycling Championship, winning in the 500cc category six times in eight years. To pay the bills the company released lightweight bikes in the 125cc-150cc-175cc range in 1949 and these simple OHV singles proved top sellers throughout the 1950s and into the 1960s.

The name ‘Giubileo’ means Anniversary in Italian and was first used by Gilera in 1959 to celebrate the company’s Golden Jubilee. Gilera released the Giubileo first with 98cc or 124cc and soon followed with 150cc, 175cc, and 202cc versions.

The 98 had a OHV single that was good for 5.8 horsepower which was paired to a 5-speed transmission. With a curb weight of approximately 198 pounds, this little bike could reach nearly 50mph. Offered at an affordable price of 160,000 lire with multiple versions available to consumers such as Extra, Red, Sport, and Sei Giorni, the Giubileo was popular and nearly 60,000 units were sold until production ceased in 1970.

This example is VIN: 00137258; Engine: 00137258. The seller purchased the bike from a private party February 2012.

The odometer shows 34,905 kilometers (21,689 miles), however the seller cannot confirm accuracy.

Maintenance:
The seller states, “Not running. The bike has been a display piece for many years and is not in current running condition.”

Modifications:
Decals.

Trail Tech Endurance speedometer.

Inside of the tank:

It is riding on Cheng Shin tires.

The sale includes one key. There is no supporting documentation.

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


Currently located in Denver, Colorado, this Gilera is offered on a Bill of Sale only. Have any Giubileo stories or questions about this listing? Let us know in the “Comments” tab!

Additional Information

Location

Denver, Colorado

Year

1960

Make

Gilera

Model

Giubileo

Mileage

True Mileage Unknown

VIN

00137258

Title

Bill of Sale Only

Title State/Country

N/A

Private Party/Dealership

Dealership

Additional Charges

No

VIN Report

N/A

Total Bids Placed: 9

Auction has ended.

Highest bidder was: b****t

Bidder Name Bidding Time Bid Auto
b****t August 18, 2024 7:37 am PDT $1,202 Auto This was automatically placed for a bidder with a higher proxy.
j***p August 18, 2024 7:37 am PDT $1,200
b****t August 17, 2024 5:02 pm PDT $601
g*******a August 17, 2024 5:02 pm PDT $501 Auto This was automatically placed for a bidder with a higher proxy.
g*******a August 16, 2024 3:19 pm PDT $400
m*******o August 16, 2024 2:50 pm PDT $300
g*******a August 15, 2024 7:10 pm PDT $200
m*******o August 15, 2024 7:10 pm PDT $101 Auto This was automatically placed for a bidder with a higher proxy.
m*******o August 15, 2024 9:57 am PDT $1 Reserve
Auction started August 13, 2024 9:19 am PDT
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Iconic Motorbike Auctions
No Reserve – 1960 Gilera Giubileo
Asking price (including buyer’s fee): SOLD FOR: $1,452
$0.00 to the seller