Monday, February 9, 2015

Auctioning Classic Cars in France

Classic Cars
A treasure trove of extremely rare classic cars, discovered on a farm in western France in 2014 after lying forgotten for almost 50 years, is expected to fetch 16 million euros (US$ 18 million) at auction on 6 February 2015.

The cars, described as "sleeping beauties" by the Artcurial auction house, will be sold in the state they were found, some rusted and weather-beaten, having been kept in makeshift shelters exposed to the elements.

The 60 classic gems, bearing legendary names like Bugatti, Hispano-Suiza, Talbot-Lago, Panhard-Levassor, Maserati, Ferrari, Delahaye and Delage have been described by Artcurial as "works of art."

Among them is one of only 37 Ferrari 250 GT SWB California Spiders ever made, valued at up to 12 million euros, which was discovered under a pile of dusty old car magazines.

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