This bike is in excellent condition. The Model 125 was introduced by Harley-Davidson in 1947 as a 1948 model. This is a first year production bike.
The 125 cc two-stroke engine produced three horsepower, which was sent through a three-speed foot-shift transmission.
The front suspension used girder forks suspended by large rubber bands. You won't be disappointed with this gem. Great for a collector.