The paper aims at documenting the material employed in 1942 for the fabrication of an exhaust valve for a Harley-Davidson WLA/WLC motorcycle and assesses the material features with modern steel standard specifications and treatment. Facing properties of the original historical parts of technical heritage objects according to modern standards is a rare discipline, as these objects are nowadays in collections of museums or private collectors and experimental instrumental analyses are strictly forbidden. In this case, a preserved accessible unused surplus replacement kit was studied. The microstructure was assessed by light optical and scanning electron microscopy, electron probe micro-analysis and by heat treatment–hardness correlation. It was found that the valve was made of Silchrome 1 steel in coherence with the X45CrSi9-3 steel modern material standard, but with a slightly higher content of phosphorus and sulfur. Microscopic observations and hardness profile testing suggested a tempered martensitic structure (sorbite) with very fine grains uniformly distributed in the valve and an even heat treatment. Heat treatment–hardness experimentation demonstrated that the original heat treatment cannot be achieved by the modern standard procedure. The tempering temperature was surprisingly deduced to be lower than the recommended one according to the modern standard, which contrasts with the service temperature indicated in the contemporary motorcycle mechanics handbook.