Cool story about a neglected Bugatti...
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5th Gear
Joined: Aug 2006
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From: New York, NY
Cool story about a neglected Bugatti...
don't know if this is the right forum to post this, but this story is pretty interesting:
http://www.nytimes.com/2007/05/27/au...es/27BARN.html
turns out this car was owned by John Straus, grandson of Isador (of Macy's fame), who parked it in his garage in Greenwich, CT, in 1962, where it has been ever since.
is expected to fetch $300-400,000 at auction.
http://www.nytimes.com/2007/05/27/au...es/27BARN.html
turns out this car was owned by John Straus, grandson of Isador (of Macy's fame), who parked it in his garage in Greenwich, CT, in 1962, where it has been ever since.
is expected to fetch $300-400,000 at auction.
6th Gear
Joined: Sep 2005
Posts: 12,295
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From: Prescott, AZ, USA
I love/hate these barn find stories.
What a beauty!
Just needs a little detailing, but someone will over-restore it. Check out the XKE (despite ugly headlights).
An article said it cost $8,300 in the 30s.
I predict it will go for over $500,000.
Last edited by 89AKurt; Jul 16, 2007 at 10:17 AM. Reason: meant half a mil...
6th Gear
Joined: Mar 2003
Posts: 3,748
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From: In my secret lair of justice somewhere among the sewers of Jacksonville Florida.
$400,000 for a near perfect 1938 Bugatti, that probably won't even be a respectable first bid. Think I'd be surprised at anything under a mill in todays superheat market. Just my two cents worth.
5th Gear
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Coordinator :: Gulf Coast & Panhandle MINIs
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From: In the Tube
My thought also because Bugatti's have been selling at auction for millions the last 30 years.
Coordinator :: Gulf Coast & Panhandle MINIs
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From: In the Tube
Update:
According to the August issue of Automobile magazine, the 1938 Bugatti 57C Atalante S/N 57766 was auctioned last month in “as is” condition! The chassis had a different body when originally sold new. Its description was “this is what a car would look like if stored in a garage without climate control and windows rolled down for forty years”!
The condition did not detour bidders both present and on the phone with the selling price of $852,500 when the hammer fell.
According to the August issue of Automobile magazine, the 1938 Bugatti 57C Atalante S/N 57766 was auctioned last month in “as is” condition! The chassis had a different body when originally sold new. Its description was “this is what a car would look like if stored in a garage without climate control and windows rolled down for forty years”!
The condition did not detour bidders both present and on the phone with the selling price of $852,500 when the hammer fell.
Coordinator :: Gulf Coast & Panhandle MINIs
Joined: Oct 2002
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From: In the Tube
BTW the XKE sold for $3850 at the same action and was described as a parts only type car.
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