Rare Car Collection Worth Millions Found In Barn

[icyfroth]

Sixty classic cars have been unearthed after lying for 50 years in massive barn are are expected to fetch $24,000,000 at auction.

 From Corvettes to Aston Martins, the rising prices commanded by classic cars — especially unrestored, mostly original examples — has created a goldmine for those who hunt for old vehicles rotting away unattended in some barn.

Today, a French auction house revealed a discovery it called the King Tut of barn finds; a treasure trove of 60 European cars, including a rare Ferrari missing for decades, that had been slowly decaying in western France.

The Artcurial auction house says the cars belonged to a shipping magnate, Roger Baillon, who collected fine vehicles in the 1950s as part of a plan to build his own museum. When his business faltered in the 1970s, he sold off roughly half of his cars and simply left the rest parked in various states of exposure; some were in fully enclosed garages, but many were slightly protected from the elements by corrugated tin lean-toos.

 Entire Article Here

Maybe should have invested his money back into his failing business instead of buying high-end classic cars then letting them go to rot.

[this-one-time-at-bandcamp]

There's a fine line between restorations and "resto-mods".  It has been said that the only individual who makes money on a restoration is the one who buys it from the guy who restored it.

I don't know if folks in Oz get to view the Barret-Jackson auctions held two or three times a year in Arizona, Nevada, and Florida......but it's stunning.  http://www.barrett-jackson.com/Events/Event/Home/Scottsdale-2015/db2ea9f8-8e86-4e46-9f59-a145dea8d4a...

I remember my uncle purchasing two '32 Model B Ford panel trucks in Idaho, and brought them back, one towing the other, but that was back in the early '60s.

[icyfroth]

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@goldenjet16 wrote:
Yeah, but sometimes they low ball the hell out people. I read an article that the whole show is all set up, everything is already cut and dry. The deals have already been done, the rest is just for TV.

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No doubt about that, Jet. Some of those hoarders, though, you just have to shake your head at the stuff they've accumulated and just let it rust back into the landscape.

[goldenjet16]

Yeah, I think some collect so much they forget what they have until it's brought up. Most of those collectors/hoarders are damn old, so I know what their going through. 😉

[icyfroth]

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@goldenjet16 wrote:
Yeah, I think some collect so much they forget what they have until it's brought up. Most of those collectors/hoarders are damn old, so I know what their going through. 😉

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Well I get it too 

You just have to wonder about the ppl who inherit all that junk, what they're going to do with when it comes to winding up the estate.

[softail-joanie]

Some of those hoarders, though, you just have to shake your head at the stuff they've accumulated and just let it rust back into the landscape.

I agree, but many plan to restore a car and never get around to it. Unfinished projects are all too comon. That is what got me started in colecting die cast cars back in the mid 90s. No room in driveway, never could afford to fix them all and upkeep, and my so called friends would always try to catch me at the right moment where they could deal me out of one or more of them (rip me off). Also, whenever a house in the area went up for sale, the real estate agency would contact the township and i'd get letters with threats of fines if i didn't have them in an enclosed structure, or with current tags. Thats where historical tags would come in handy, but i figured if i wasn't driving them, may as well shrink them down to 1/18 scale and put them in the house. Thats when my car collection really exploded. I just wish I could still have them. Never got the chance to find drivers and passengers for many of them.

[goldenjet16]

Bulldozer!!

[this-one-time-at-bandcamp]

With me, it was impending nuptials that put the kybosh on my "fast car" life.  I had a '74 Vega body tubbed out, full tubular chassis, glass front end, and a nodular iron 9-inch rear end.  My plan was to stuff a rat motor and full-manual TH400 trans in it, and dial it to become the slowest car in the fastest bracket..........

Took a drubbing on parting it all out.

[softail-joanie]

A relationship, or children trumps cars every time, no contest there. Even the little ones that fit on a shelf or in a case. I've known some that managed to balance it out, but only to a point.

I often think I would have done well in Nascar, uasally when I'm playing nascar video games, but never had an intrest in the sport when I was at the age to pursue such a carrier move. The race that got me interested in it was the one Ernheart Sr. died in. I was visiting a guy down the street and he was explaning the sport to me. Been hooked ever since.

#24

[katymatey*]

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@goldenjet16 wrote:
Yeah, but sometimes they low ball the hell out people. I read an article that the whole show is all set up, everything is already cut and dry. The deals have already been done, the rest is just for TV.

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I believe that to be the case with a lot of similar shows. Storage Hunters for instance. All set up beforehand. I can't be bothered with them.

[rabbitearbandicoot]

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@daydream**believer wrote:

heres a photo of the guys holdens rotting in his paddock

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INFIDEL !!! OFF WITH HIS HEAD !!