Post Sale Update: This EL sold for a cool $100,000 after 75 bids on eBay.
Harley introduced the Knucklehead in 1936 as a 1,000cc V-Twin. While H-D had been using overhead valves in race bikes previously, this was their first usage of the technology in a production motor. It’s a beautiful motor that has stood the test of time, even though Harley themselves did not market the new motor heavily until 1937, after some initial issues were sorted out.
The EL model debuted with a MSRP of $380 and the new engine was good for 40 horsepower. For more on the EL, check out this article on Motorcycle Classics.
This example (VIN: 38EL1345) is said to be “an exceptionally high caliber restoration of an early serial number 1938 Harley Davidson Knucklehead.” It’s a numbers matching example that’s finished in Hollywood Green, a correct 1938 color. Everything is said to work, and the seller impressively suggests that the only reproduction parts are the gas caps and brake light switch. Find this Knucklehead for sale in Long Valley, New Jersey with bidding up to $85,655