French Peugeot model 1903 (late version). This is a 300cc (2 1/2HP) model. This motorcycle is a late 1903 and has all the engine of 1904 but still the frame and tank of 1903. The tank is identical to the 1903 model on a few small adjustments. This is not so assembled but is original. This frame doesn't fit a 1903 engine either! And is also not a real 1904 model because 1904 is a 330cc and this one a 300cc. This model is only made 3 months! There are 2-3 other motorcycles known of this model in France. For the specialists who want to check this: cylinder 300cc was in the catalog under number 2524, the 1904 330cc was order number 2525.

This motorcycle is nicely original. On the tank you can still vaguely see the piping and the Peugeot logo.

With little work, this bike is ready to ride