Cycle 2008: 24ct gold bike is too expensive to insure

Posted: October 5, 2008 in cycling
Tags: , , , , ,

A bicycle that is so expensive that it can’t be insured, will be on sale at this year’s Cycle 2008 by ETA, a not-for-profit ethical organisation providing cyclists and motorists with carbon-neutral breakdown cover and insurance products.

It’s so pricy that it is being sold with the ultimate optional extra – its own security guard. The £9,500 custom-made, 24ct gold-framed model is too valuable to be insured. ETA’s own cycle policy covers bikes up to a value of £4,000.

As a result the bike is being offered with the optional extra of a security guard who will stand guard over the gold bike when it is left in public.

According to ETA – an example of the gold bike is available to win at the show. What exactly that is meant to mean I am not sure, but I’m going to assume they mean a replica.

Either way, I’ll make sure to get some pics of it at the event this Thursday.

Come to think of it, I wonder if this 24ct gold-framed bike will be anything like the world’s most expensive bike made by Scandinavian design company Aurumania.

At just over £60,000 each bike is hand-built and gold-plated with 24-carat gold, then decked out with over 600 Swarovski crystals. Hand-sewn leather grips and a Brooks leather saddle provide finishing touches to the bike, with each limited edition number embossed with gold leaf and set into a leather badge onto the bike’s headtube.

Gold-plated Auro

Gold-plated Aurumania

with Swarovski crystals

with Swarovski crystals

  1. James says:

    Ultimate bling??

  2. Craig says:

    @James – more like the ultimate bike porn! 🙂

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