And in Minnesota, about 10 years ago, I was given a 1986 Gold Wing Interstate, by my cousin. It was her Dad's, my Uncle and the agreement was to restore it and not sell it. It had sat for about 10 years under a small roof, no sides on the shelter, dirt floor with about 1" bat crap on the seat.
I had to get a paper from her stating it was a gift and was worth less than $50.00 as is. By the time I got done, with going to our local DMV twice, which as we have found out through the years, they do not know anything. I finally went to the next town and they corrected all the forms and all I had to do is pay for the collector plate, as it is over 20 years old, and never have to buy another plate again.
The first DMV said I had to pay $131.00 sales tax and fees, which I did, because the form stating it was a gift did not mean anything. They said Gold Wings are worth a fortune no matter what age or shape. The 2nd DMV filled out forms, and the $131 was sent back from the state of MN to me in about 30 days. The transfer and collector license was $10.00.
I also did not have to pay the license tab fees for all the years it was not licensed while sitting.
So, every state is different, but just giving some ideas here, so that if you are as lucky as Rich or Sherry this year, make sure the DMV knows how to process correctly. And, every state will be different.
By the way, when Sherry got her raffle bike home, Husband Doug rode it, and liked the Versys so much, that he bought one for himself.