Barn-find Maserati trebles estimate

| 16 Jun 2015

A 1962 Maserati 3500GT that was recently pulled out of a lockup has beaten its (admittedly conservative) estimate by a factor of more than three, eventually selling for £117,600 at Anglia Car Auctions' 13 June sale.

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The car was imported into the UK in 1972 and bought by the vendor’s husband in 1986, when its fluids were drained and it was placed into long-term storage. A tempting estimate of just £25-35,000 was quickly surpassed by eager bidders and an expectant crowd, setting a new record as the auction house’s top sale to date. 

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More of a shock was a 1987 Ford Sierra RS Cosworth, which had also spent a number of years tucked away in the dark. The highly original car had been used sparingly since 2002 and, apart from a new cambelt, fresh oil and a new battery, had received little attention prior to crossing the block. Incredibly, it far exceeded its £15-20,000 estimate to sell for a whopping £47,250. It seems as if the sky is the limit for fast Fords. 

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A 1967 Mercedes-Benz Pagoda – a model that has done well at ACA in the past – was also a strong performer, fetching £81,900. 

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The Pagoda was followed by a ’57 190SL, which sold above its lower estimate at £61,950. 

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Away from the headline-grabbing Maserati and Mercedes figures, a number of other interesting classics also got away in Kings Lynn, including a first generation Honda Insight. The 70mpg modern offered a rare opportunity to buy a pioneer of hybrid technology, and was well bought at £4200. 

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A 1984 Mercedes-Benz 190E that had covered just over 33,000 miles fetched £3570. The car had been with the vendor for the past 25 years and was described as being in immaculate condition. 

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A 1979 Triumph Dolomite 1500HL sold for £1600, and appeared to be in tidy condition. A full 12 months’ MoT, several old tax discs and a handful of receipts were included. 

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Also from the Triumph stable was a ’72 GT6. The Mk3 example had been fully restored between 2001 and 2003, and had been used sparingly since. It achieved £17,325. 

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Considerably newer, but just as interesting, was a 1994 Volvo 480GT Limited Edition, which fetched £2415. The quirky hatchback had 37,000 miles on the clock and boasted a tidy grey leather interior, plus a service book containing 17 stamps and recent bills for more than £1500. 

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Much less complete was a 1969 Austin Mini Cooper restoration project, which seemed to have been abandoned part-way through. It came complete with a rebuilt engine and sold for £1512 above its upper estimate of £4000. 

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A 1968 Austin Mini 1000 looked like much better value, having sold for £7560. The car appeared to be in tidy condition while, according to the catalogue entry, the engine and gearbox had been overhauled less than 1000 miles ago.

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Selling for just under its lower estimate was a 1971 Lotus Elan Sprint, which had more than £21,000 lavished on it over the past 12 months. As well as a full respray, the car had been fitted with a new dashboard, shock absorbers, brake discs and callipers, plus an alloy fuel tank, hood and new carpets. It sold for £29,400. 

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Just a year younger, a Marcos GT also sold for less than its lower estimate, this time getting away for £9975. It was expected to sell for between £12,000 and £14,000, making it one of the bargains of the sale. 

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Even more unusual was a brace of Studebakers, which included a 1958 Hawk that sold for £1200, and a later 1962 President that made £1000. Both were described as being known to the Studebaker Club, though only the younger car was in running order. 

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Much more practical was a 1973 Triumph 2000 saloon which, though it had won several concours prizes in the past, hadn’t been used in five years. It beat its estimate to sell for £3255. 

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