LONDON (Reuters) - A century-old bicycle raced into the record books at an auction in Britain after a bidder from the Middle East outduelled an American collector. When the hammer fell, the English-made 1891 Diamond Frame Safety Bicycle sold for 105,750 pounds ($170,600) — shattering the estimate of 1,300 pounds and eclipsing the previous record of 46,000 pounds set last year for an 1880s Otto three-wheeler. „It was a freak — a case of two people desperately wanting the same bicycle and not willing to back down,“ a spokeswoman for auctioneers Phillips said on Monday.