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Do restorations still pay in 2017?

Do restorations still pay in 2017?
Going by the estimates of Coys’ Interclassics Sale in Maastricht next weekend, they do. Just have a look at the two Healey Hundreds that Coys will hammer off. First of them is a restoration job in the shape of a very early 1953 BN1-model. It comes with matching numbers and in much-coveted Healey Blue with blue inside. But it is as rotten as a pear. Estimate: 25- to 30,000 euros.

That’s one. Second is a 1956 BN2-model. This one also comes with matching numbers, the desirable ‘M’-specification and in beautiful black with red leather inside. And… in the auctioneers own words this car ‘has undergone a meticulous restoration by one of the world’s leading Healey 100 experts.’ Judging by the pictures it looks stunning indeed. But wait for it: the estimate is 180- to 220,000 euros – that’s over 7 times as much as the first car. Worth the hassle of a restoration? You tell us.

(Words Jeroen Booij, pictures Coys of Kensington) 

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#2 Politi 2017-01-09 20:41
Stuart, we will drive it to several events each year so that it will acquire a gently aged patina, then sell it at a profit as "factory fresh".
#1 Stuart Penketh 2017-01-09 06:04
Is that a 100 point restoration ?
Would you then drive it, down your gravel drive, to a local show ?
Or will it remain locked up in your centrally heated stable, awaiting transportation to some glittering auction at a future point in time ?

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