Cars the new col­lecta­bles?

Three rare clas­sics go un­der the ham­mer in South Africa as in­vestors com­pare rates of re­turn

The Witness - Wheels - - MOTORING -

AUC­TION­EER­ING com­pany Stephan Welz & Co is putting up for auc­tion three clas­sic cars, with an es­ti­mated to­tal value of some R5,6 mil­lion in Cape Town on March 1 and 2.

The three vet­eran cars are a 1969 Jaguar E Type Se­ries II Roadster, a 1958 Mercedes 220S Pon­ton Coupe, and a 1955 Ford Thun­der­bird Con­vert­ible.

An­ton Welz, auc­tion­eer and spe­cial­ist at Stephan Welz & Co, said in­vest­ment re­turns on clas­sic cars have risen to over 450% since 2005, ac­cord­ing to the Knight Frank Lux­ury In­vest­ment In­dex.

That rep­re­sents a size­able re­turn on the R2,4 to R2,6 mil­lion that the rare E Type Se­ries II Roadster is ex­pected to reach un­der the ham­mer.

The car for sale is red with a black in­te­rior, right- hand drive, wire wheels, 75 000 miles on the odo, with a hard top, 4,2 litre mo­tor and four- speed man­ual gear­box.

In 2008 the Daily Tele­graph ranked the E Type first in the 100 most beau­ti­ful cars of all time. An em­blem of the swing­ing 60s, it was driven by the likes of the late ac­tor Steve McQueen.

Also up for auc­tion is a rare hand- built 1958 Mercedes 220S Pon­ton Coupe, val­ued at R1,8 to R2 mil­lion.

Mercedes- Benz only built 1 251 of this ex­clu­sive model in Coupe ver­sion, and quite a num­ber were bought by aris­toc­racy; King Juan Car­los of Spain was gifted one by his father, as well as many fa­mous ac­tors and politi­cians.

The car is ivory with white leather in­te­rior, white­wall tyres, 2,2- litre mo­tor, man­ual trans­mis­sion and right- hand drive.

In 2015, Stephan Welz & Co. sold a sim­i­lar model in Jo­han­nes­burg for R1,8 mil­lion.

“It’s rare to find Pon­ton Coupe mod­els in South Africa, so this should flag the at­ten­tion of any se­ri­ous col­lec­tor,” said Welz.

For that retro Amer­i­can look, there will also be a 1955 Ford Thun­der­bird Con­vert­ible for sale.

Val­ued at R1 to R1,2 mil­lion, the two- door model is white with black and white leather in­te­rior, white­wall tyres, left- hand drive and au­to­matic gear­box.

The Thun­der­bird was the first two- seat Ford since 1938.

Rather than be­com­ing a ri­val to the Euro­pean sports cars im­ported into the United States, Ford cre­ated a com­pletely new mar­ket seg­ment around the Thun­der­bird: the per­sonal lux­ury car. While a per­for­mance car in its own right, the Thun­der­bird fo­cused more on com­fort than speed.

The T- Bird con­vert­ible was the car driven by John Tra­volta in Grease; its other fa­mous own­ers in­clude Frank Si­na­tra and Den­nis Wil­son of the Beach Boys.

“If you are just get­ting into the clas­sic car mar­ket, it’s im­por­tant to choose your cars care­fully,” said Welz.

“Al­ways look for the rare; you will pay a pre­mium for it, but it will re­ward you with the best re­turns. The three cars we are of­fer- ing are all be­ing sold by the same seller, a col­lec­tor whose dis­cern­ing taste is be­hind ev­ery car he col­lects.”

Th­ese col­lectible cars and more will go un­der the ham­mer at the Stephan Welz & Co. Dec­o­ra­tive and Fine Art Auc­tion in The Great Cel­lar, Alphen Es­tate, Alphen Drive, Con­stan­tia on Tues­day, March 1 and Wed­nes­day, March 2, 2016.

The pre- auc­tion view­ing to the pub­lic opens on Wed­nes­day, Fe­bru­ary 24 to Sun­day Fe­bru­ary 28, from 10 am to 5 pm, and a cock­tail event will take place in Cape Town at Con­stan­tia 23.

Cat­a­logues will be avail­able from both the Cape Town and Jo­han­nes­burg of­fices as well as the Stephan Welz & Co. web­site www. stephan­welzandco. co. za.

Any­one who can’t at­tend the auc­tion in per­son can bid for pieces on­line via art and an­tiques auc­tions por­tals www.the­sale­room.com and www.in­valu­able.com.

Users of th­ese web­sites can search cat­a­logues and place their bids over the In­ter­net in re­al­time, with live au­dio and video from the auc­tion room.

AN­TON WELZ spe­cial­ist auc­tion­eer at Stephan Welz & Co “Al­ways look for the rare; you will pay a pre­mium for it, but it will re­ward you with the best re­turns.”

PHOTO: STEPHAN WELZ & CO

This 1969 Jaguar E Type Se­ries II Roadster is val­ued be­tween R2,4 to R2,6 mil­lion.

Mercedes- Benz only built 1 251 of this ex­clu­sive hand- built 1958 Mercedes 220S Pon­ton in Coupe ver­sion.

RARE BIRD: A 1955 Ford Thun­der­bird Con­vert­ible is for sale with an es­ti­mated value of R1,2 mil­lion.

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