Remember an advertising campaign that suggested that you “give the gift that keeps on giving?”
Remember an advertising campaign that suggested that you “give the gift that keeps on giving?” That very well could be the tag line for British auction house Coys’ annual “True Greats” auction, this year scheduled for December 2 in the Royal Horticultural Society’s Lindley Hall in Westminster.
Noting that classic cars have outperformed many investments in recent years, Coys also points out a surge in people buying cars and motorcycles not just to use but for their potential appreciation.
“Our Christmas ‘True Greats’ sale… has always been a great success,” Coys’ managing partner Chris Routledge said in a news release, “but this time, like last year, we have seen more and more people talking to us about cars and motorcycles as an investment as well as something that they can drive and enjoy.
“Classic cars have been a phenomenal investment and this appears to be continuing. Now we are seeing the same with motorcycles and with motoring and film posters. We have received enquiries from all over the world, particularly from investors who have not entered these markets before.
“We have been astounded at how car and movie posters have continued to grow in value,” he continued, noting that with posters, “People love the fact that they can see their investment everyday on their wall at home and that it is not just a piece of paper or a note on a computer.”
The auction will feature some 70 classic cars and motorcycles as well as film and motoring posters.
Among the cars are a 1964 Alfa Romeo Giulia Sprint Speciale, a 1955 Mercedes-Benz 300SL gullwing coupe, a 1964 Ferrari 275 GTB/2 6 C Berlinetta and a 1964 Porsche 904/6 Carrera GTP works prototype.
Motorcycles are highlighted by a 1931 Indian 1300 Four Model 402.
Posters include a 1942 U.S. poster for Casablanca, a 1933 French King Kong poster, a 1962 Dr. No poster from the UK and a series of 1971 Le Mans movie posters.3 comments