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lynx
MrE
Some insurance brokers are ok with >40 yr old 'historic' vehicles without MOT (form V 112 when it comes to rubber stamping the zero rated road tax) - possibly more so if you're outside London?
I've used Peter James Insurance for many years for a couple of 1950s mopeds - seems fine so far, but then I haven't made any claims.
Edit - possibly this should have been a reply to @n3il ? FWIW I'm in rural Shropshire, possibly comparable to rural Wales for insurance purposes.