Ettore Bugatti’s own Type 57C up for auctionThu, 04 Jun 2009 00:00:00 -0700
Ettore Bugatti's personal Type 57C Coupe is up for auction at Pebble Beach in August
Not only are Classic Cars a decent long-term investment they do also offer the pleasure of playing with them – something no other work of art can manage. And with the rising wealth in emerging economies, something with as finite a supply as Classic Cars can hardly fail to appreciate in the long term.
Which explains why real classics are still fetching record prices. The Ferrari 250 TR (Testa Rossa) sold recently by RM Auctions is a good example, and it looks like a car to be auctioned by Gooding and Company at Pebble Beach in August will be another.
The car in question is Ettore Bugatti’s own Bugatti Type 57 C Coupe from 1936. Built as a birthday present for Ettore by the factory, it has had just a few owners since the factory sold it in the 1950s and, despite some upgrades by the factory during their ownership, it remains in original, unrestored condition.
Be interesting to see what it fetches. I guess Gooding & Co expect it to be significant as there is no reserve. We’ll bid a tenner. You never know, there may be no other bids!
By Cars UK