Making like Indiana Jones, officials of British auction house Coys say they have discovered a trove of classic car parts they estimate to be worth “well over a million pounds.”
That’s the equivalent of $1.34 million — or more.
“The treasure trove of parts includes many valuable spares and items from the great Italian marques such as Ferrari, Maserati and Abarth, including parts for rarer models such as the (Ferrari) 250 SWB, 250 GTO, 275, Competition Daytona, F40 and 512LM, along with Maserati 250F and various other Italian competition cars,” Coys said in its news release.
“Amazingly,” the auction house added, “many of the parts are still in their original wooden packing cases dating from the 1960s, or in their original boxes wrapped in oiled paper.”
The items, found in containers in the south of England, were part of a private collection, the owner of which passed away many years ago, Coys said.
The items will be offered at no reserve on June 29, the day before Coys’ Blenheim Palace auction.
“Something of this scale and with the importance and rarity of the cars they are related to is unprecedented,” claimed Chris Routledge, Coys managing director. “I have never seen anything like it.
“It’s an Aladdin’s cave which is going to excite people all over the world. There are wire wheels in their original wooden boxes, carburetors in their original oiled wrapping paper, exhaust pipes, radiator grills, dashboards, the list just goes on and on. It will take us several days to catalogue the parts and once we have done that we will issue a full list of the spares.
“I feel a bit like Howard Carter uncovering Tutankhamen’s tomb in 1922; every time we remove one box or item, there is something else of huge interest hiding behind.”
how much cash down you need if you bid ,are you abale to watch the auction if you dont bid???