This November see one of the most exciting auctions of the year. A huge sale of over 400 cars, 150 motorcycles, 100 bicycles and a few speed boats chucked in for good measure. RM Sotheby’s have the honor of running the sale in Milan that will be around the Milano Auto Classic show.
Everything will be sold and there is no reserve due to all the lots being from a government seizure, there are also some very enticing estimates. Some are certainly there to get potential buyers through the door and it’s working, many people are talking about this sale. So, what are the interesting lots?
1993 Aston Martin DB7 GT
This is a very interesting car, while the DB7 was made in fairly high numbers the GT is one of just 170. In British Racing Green with an ox blood interior it’s classic credentials are all there. It’s a manual too and LHD, so great for an American collector. The estimate is $37,000-€43,000 these cars currently sell for over $86,000, especially such a low mileage example. This car has just 16,740km.
1971 Fiat Dino Coupé
The clue is in the title here, Dino, as in Alfredino Ferrari, Enzo’s son who so tragically passed away aged just 24. This Fiat features the Dino engine from Ferrari, named as such because Alfredino was working on these engines at the time he passed away. Ferrari needed to sell over 500 cars to homologate the engine for motor racing and a deal was struck with Fiat to supply the engine for their Coupé and this helped Ferrari hit their target. With an estimate of $11,000-$16,000 this is a really interesting proposition. The car looks to need some recommissioning but these cars now change hands for over $54,000. Be warned, there will be a lot of very patriotic car collectors in Italy bidding on the Italian cars!
1970 Porsche 911 S
An original car in good condition sells for over $108,000, the estimate on this car? $5,400-$7,500! Admittedly this car has been subject to a number of modifications that haven’t helped its value. Most notably the body work has been changed to look like a more modern 911 from the 80s. The car has seen some form of motorsports at some point and as such the car is very raw. The really great thing about these 911s is that you can buy all the required panels to put this back to an original body. It could for the basis for a great real 911 race car.
1965 Jaguar E-Type S1 42. FHC
There are two options here. Restore to former glory and enjoy a classic on the road that will continue to appreciate, or, turn it into a fire breathing historic race car eligible for such events as the Goodwood Revival. While the build costs will be upwards of $108,000 the final value will be at least double that. $21,000-$32,000 buys you a lot of valuable Jaguar E-Type!
Photo: © 2016 RM Auctions, Inc
About the Author: Tim Hutton has been involved in the automotive industry for 17 years, creating ideas and content for premium brands. When not writing about cars, you will find him driving them all around the world. Having learned to drive at seven in a racing car, gasoline is very much in his veins.