Take a look: A massive vintage car collection – hidden near Stellenbosch for decades – is going on auction and could fetch millions
- A mammoth collection of 500 lots of automobilia is set to go on auction in November.
- Among them will be 70 vintage and classic cars, as well as over 100,000 rare spare parts.
- It took the auctioneers over four months to catalogue the collection.
- Business Insider South Africa shopped around for some comparative prices and one cars could sell for R1 million.
- Visit BusinessInsider.co.za for more stories.
For more than 50 years a secretive South African car enthusiast built – and hid – a massive vintage-car collection. Now that collector's deceased estate is putting it on sale, and more than 500 lots of vintage and classic cars, trucks, spares, and automobilia is set to go on auction on 9 November.
Among the lots will be 70 vintage and classic cars as well as over 100,000 rare spare parts, says the joint venture auctioneers Bidway Auction House, based in Cape Town, and High Street Auctions headquartered in Johannesburg.
“The collection was spread over the entire farm in bits. A few of the ‘barn find’ vehicles were dotted across the fields, while others were stored in barns amidst mountains of spares, much of which remained undisturbed and untouched for two decades,” said Stef Olivier, MD at Bidway Auction House.
"This is without doubt the most exciting original automobilia private collection ever to go under the hammer in South Africa. We also believe it’s the largest deceased estate and inheritance original classic car and barn find auction the country has seen in at least 20 years."
It took the auctioneers over four months to catalogue the collection comprising sedans, compacts, convertibles, and trucks. They span over six decades of European, British, and American automotive design.
The oldest vehicle is a 1928 Buick.
It is hard to estimate just what the hoard could fetch.
“This is going to be very difficult to ascertain as we are technically selling under consent of the executor without reserves but subject to the approval of the Master of the High Court," Joff van Reenen, lead auctioneer and director High Street Auctions told Business Insider South Africa.
"There are no minimum bids as this is a deceased-estate auction. We can only guesstimate the total auction value to be in the millions. This is not a private sale but a legal instruction as such by the executor,” said van Reenen.
Some of the vehicles listed are in pristine condition and are expected to fetch a heavy price.
Business Insider South Africa looked at some of the heavy hitters that will be going in auction, and ranked them on"‘excellent condition" valuations, vehicles that could drive on the road.
We matched the models as closely as we could with prices from the Hagerty Insurance Agency, which specialises in classic car insurance based in the United States, as well as prices from the online classified website ClassicCars.com.
Here’s what some of the top items in the hoard could fetch, roughly:
A 1954 Mercedes-Benz Ponton 180: R380,000
A 1948 Chevrolet convertible: R400,000
A 1971 Ford Mustang: R500,000
A 1928 Buick convertible: R500,000
A 1936 Ford Roadster: R950,000
A 1954 Austin Healy 100 Series convertible: R1 million
A refundable registration fee of R20,000 is required to participate in the auction.
On the day of the sale live bids, telephone bids, online bids and commission bids will be accepted, and the entire auction will be live-streamed on various online channels.social media, Youtube, the High Street Auctions website and on the High Street app available free of charge on Google Play and the App Store.
Also from Business Insider South Africa:
- Opening the right windows in minibus taxis could reduce the spread of TB, according to a new study
- Well over a thousand girls under 14 years old gave birth last year – but the average South African mother keeps getting older
- This is the average monthly salary in SA - which can double if you work in the electricity sector
- The Avon and Justine brands are promising women all over South Africa ‘unlimited earnings’ – if they have R1,600 to start with
- SA’s biggest medical aids are hiking rates by nearly 10% – these are now the cheapest entry-level options
- A US fitness influencer will serve nearly 5 years in jail for using 369 Instagram accounts to harass bodybuilding colleagues and allegedly faking her daughter's kidnapping