World's Oldest Vespa could sell for over €300,000

The oldest Vespa scooter in existence will be auctioned off in the coming weeks and is likely to pull in between 250,000 and 300,000 euros.

The 98cc scooter was produced back in 1946 as part of a limited “0 series” run of 60 units. It bears it's original chassis number, 1003, marking it as the third ever unit to be assembled; units 1001 and 1002 are lost to history.


According to the auction house Catawiki, incredibly, the Vespa #1003 is in working condition and will be sold with its original Italian registration documents.


The Vespa brand (which means wasp in Italian) has long since evolved from it's single model motor scooter manufactured in 1946 by Piaggio & Co. S.p.A. of Pontedera, Italy. Vespa now produces some of the most well known scooters in the world and is just one of seven companies today owned by Piaggio.

The auction runs until March 28. Currently there have already been 19 bids with the latest standing at $174,297.