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At the E.J. Cole Collection Auction, hosted by Mecum Auctions in Las Vegas March 20 and 21, you can now have a chance to own an iconic piece of an icon, if you have $1 million to spare. Among the 220 historic motorcycles collected over 50 years by Cole is a 1907 Harley-Davidson Strap Tank, one of 150 manufactured that year, and one of the first 207 Harley-Davidson bikes ever produced. Its estimated price reflects its rarity and vintage as well; Mecum has the estimated highest bid falling between $800,000 and $1 million.
For those who aren’t familiar with the background of Harley-Davidson, Mecum’s lot description details early days at the company, when it was created by William Harley and his childhood friends, the Davidson brothers. Their first motorized bike prototype was finished in 1903 after two years of development. They finished the second in time to begin racing in 1904, sold their first five from a Milwaukee shed in 1905, 50 in 1906, and in 1907, they produced 150.
 

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