One of the world’s largest collections of vintage bicycles and bicycling memorabilia is hitting the auction block in three installments, beginning December 1.

Hundreds of bicycles — some dating back to the 1880s and earlier — will be included in the auction of items once housed at the Pedaling History Bicycle Museum in Orchard Park, New York, since 1991.

The museum owners, Carl and Clarice Burgwardt, began collecting antique bicycles in the 1970s …