Bike value...papers vs no papers

[Greeny]

Hypothetical question--you have two bikes, let's say for example 1983 600 Teneres, both in more or less the same good condition. However, one is registered with an up-to-date licence and the other has no papers. What would the difference in value be?

 

[2StrokeDan]

 

[petri oosthuizen]

 

[TheBear]

 

[2StrokeDan]

 

[Beebop]

 

[2StrokeDan]

 

[Fudmucker]