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1958 356 A GS/GT Coupe

Posted: Tue Nov 03, 2009 7:38 pm
by mycar
I don`t ever recall seeing a 356 for anywhere near this kind of money. I suppose thats what racing provenance can demand.

Image

http://www.classiccarsforsale.co.uk/cla ... arno/76648

Mike

Re: 1958 356 A GS/GT Coupe

Posted: Tue Nov 03, 2009 8:00 pm
by hot66
mycar wrote:I don`t ever recall seeing a 356 for anywhere near this kind of money. I suppose thats what racing provenance can demand.

Image

http://www.classiccarsforsale.co.uk/cla ... arno/76648

Mike
Mike .. it's not your average 356 with a bit of history though .... look in the engine bay ;)

Image

Posted: Tue Nov 03, 2009 8:17 pm
by richkaz
Looks like LOT 254 that sold on 28.11.2009 at RM auctions in London for ------------- £ 140,250 :shock:

Posted: Tue Nov 03, 2009 8:26 pm
by Timo
What a lovely car, a perfect 50's sleeper 8)

Posted: Tue Nov 03, 2009 10:47 pm
by cubist
richkaz wrote:Looks like LOT 254 that sold on 28.11.2009 at RM auctions in London for ------------- £ 140,250 :shock:
Thought i'd seen it before...

Posted: Wed Nov 04, 2009 1:09 am
by 964RS
cubist wrote:
richkaz wrote:Looks like LOT 254 that sold on 28.11.2009 at RM auctions in London for ------------- £ 140,250 :shock:
Thought i'd seen it before...
Well you two must have special powers then.....thats not for 24 days!!!!

Carrera GS / GT

Posted: Wed Nov 04, 2009 8:47 am
by Mike Smith
1 of a approx 80 Cars built over a 10 year period make this a little rarer than the normal 356 Coupe - that may just be the reason for the price ?

Posted: Wed Nov 04, 2009 9:15 am
by cubist
Definitely the same RM car... 28-10-09

LOT: 254
Estimate:
£135,000-£150,000
Chassis No. 102 543
AUCTION RESULTS: Lot was Sold at a price of £140.250

100k markup in 100hrs... nice!

Posted: Wed Nov 04, 2009 9:59 am
by Mike Smith
Having read the blurb a little closer - I note that it was built originally as a GS and then converted to GT Specs by The Factory

Whether you call this a `real` GT, or not, is a mute point

My own feeling is that, it is certainly overpriced but `a seller has to start somewhere and you can never go up - you can only come down when negotiations start
The price should probably settle at around £200,000 / £220,000 in the current market

In my humble opinion (and I have known to be wrong) todays cost to produce this car - in this condition and with its Carrera Motor and all the rare bits would be £160,000 / £180,000 and that does not include a profit for the guy building it

Posted: Wed Nov 04, 2009 10:44 am
by cubist
So it was a steal at £140k... if only i'd had the money/balls/space etc! :wink:

Buying and Selling

Posted: Wed Nov 04, 2009 11:35 am
by Mike Smith
Well sort of: -

First you need to understand `The Market`and know your product (whatever it is) - then you need `The Balls` and second you need to have `The Money or have the ability to borrow it`

A little bit of luck also helps but some people are unable to recognise luck, when it occurs

You can never pay too much - you can only buy too soon