LOT 63

1960 Velocette 499cc Venom Registration no. 575 XWG Frame no. RS13443 Engine no. VM3590

Sold for £3,450 inc. premium

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Lot 63

1960 Velocette 499cc Venom

Motorcycles Online - The Summer Sale|15 June 2026, 13:02 BST|Online, Milton Keynes

1960 Velocette 499cc Venom
Registration no. 575 XWG
Frame no. RS13443
Engine no. VM3590

• Velocette 500 sports model
• Re-commissioned in 2025

Velocette's initial TT victory would not be until the junior race of 1926 with Alec Bennett aboard the firm's radical overhead-camshaft four-stroke Model. Having been firmly committed to two-stroke engines up to this point, the Bennett victory sealed Velocette's change of tack, and thenceforth the company's future would be forever linked mainly to four-strokes. In 1956, the Viper and Venom sports models were introduced in 350 and 500 capacities to enliven the model range, which, by 1955 had become somewhat staid in character. This move succeeded in reviving sales a little, and no doubt led to the subsequent introduction of the Clubman models in 1960, and eventually the ultimate overhead valve sports model, the Thruxton, in the hope that Velocette's fortunes could be improved.

575 XWG was purchased by the present private vendor in early 2025, when it had been standing for some 25 years as part of a private collection. It was duly re-commissioned, and fitted with a new battery, and oils replaced. Now in running order, albeit possibly in need of the ignition timing adjusting, it is surplus to the vendor's requirements, hence the present sale. It was last started in March 2026. Documentation comprises a current V5C, and a pressed alloy number plate accompanies the bike.
Key not required

Footnotes

BUYER'S PREMIUM
The Buyer's Premium for this Lot is 15%+VAT on the first £500k of the Hammer Price, and 12%+VAT on the balance thereafter.

All lots are sold 'as is/where is' and Bidders must satisfy themselves as to the provenance, condition, age, completeness and originality prior to bidding.

CONDITIONS OF SALE, AUCTION INFORMATION & GUIDE FOR BUYERS
Please see the 'CONDITIONS OF SALE, AUCTION INFORMATION & GUIDE FOR BUYERS' at the top of the main sale page (Motorcycles Online - The Summer Sale) for all pertinent information regarding bidder's obligations, viewing, bidding, payment, post-sale collection & transportation.

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Additional information

This auction is now finished. If you are interested in consigning in future auctions, please contact the specialist department. If you have queries about lots purchased in this auction, please contact client services.
Buyers' Obligations
ALL BIDDERS MUST AGREE THAT THEY HAVE READ AND UNDERSTOOD BONHAMS' CONDITIONS OF SALE AND AGREE TO BE BOUND BY THEM, AND AGREE TO PAY THE BUYER'S PREMIUM AND ANY OTHER CHARGES MENTIONED IN THE NOTICE TO BIDDERS. THIS AFFECTS THE BIDDERS LEGAL RIGHTS.
If you have any questions about the Conditions of Sale, please contact your nearest client services team.
From 28 June 2025, the import into the EU of non-EU property of a certain age (and in some categories above a certain value) is subject to additional requirements. Under the relevant EU Regulation, it is the Buyer's sole responsibility to assess whether any Lot meets the criteria for import into the EU. The refusal of any required Import License or Importer Statement, or any delay in obtaining such License or Statement shall not give rise to the rescission or cancelation of any Sale, nor allow any delay in making full payment for the Lot.
Buyers' Premium and Charges
Like the vast majority of auctioneers Bonhams charge a Buyer's Premium on the Hammer Price of each Lot purchased and this is subject to VAT. Some lots may also be subject to VAT on the Hammer Price and these lots will be clearly marked with a symbol (†, Ω, *) printed beside the lot number.
For Automobilia the Buyer's Premium is 28% on the first £40,000 of the hammer price; 27% of the hammer price of amounts in excess of £40,001 up to and including £800,000; 21% of the hammer price of amounts in excess of £800,001 up to and including £4,500,000 and 14.5% of the hammer price of any amounts in excess of £4,500,001.
For Motor Cars and Vehicle Registration Numbers the Buyer's Premium will be 15% on the first £500,000 of the hammer price of each Lot, and 12% on the balance thereafter.
A 3rd party bidding platform fee of 4% + VAT of the Hammer Price for Buyers using the following bidding platforms will be added to the invoices of successful Buyers for auctions starting on or after 6th July 2024 – Invaluable; Live Auctioneers; The Saleroom; Lot-tissimo.
VAT at the standard rate is payable on the Buyers Premium by all Buyers, unless otherwise stated.
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Shipping Notices
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