Cars That Have Become Valuable

Peter Adams · 2004-09-03T15:29:32+00:00

George Milligen of Stalham, Norfolk, died earlier this year at the ageof 94, and today his collection of 38 cars is to be auctioned byBonhams. The sale is expected to raise £4 million.Milligen assembled his collection over 70 years. It includes a 1929Mercedes Benz 7.1-litre SSK, one of only 30 made. Milligen bought itduring the war for £400. It has attracted the interest of buyers allover the world, and could sell for as much as £2 million.There is also a 1931 S-Type Invicta (my dream of heaven). Milligenbought it for £175 in 1942, from a man he afterwards discovered was onthe run for allegedly murdering his wife. It is expected to fetch£160,000 to £220,000.A 1931 Delage D8 tourer is estimated to sell for £80,000 - £120,000, anda 1957 300SL bought for £1900 in 1966 is valued at £50,000 to £80,000.If I had won the lottery last weekend, guess where I would be today.I'm sure many of us had cars that would have become valuable if we hadkept them.Let me open the bidding with a 1939 3.5-litre SS 100 4-seater tourer. Isold it in 1956, in good running order, for £15.Worth today? £50,000 plus.Peter(Remove 'green' to e-mail.)

Sep 03, 2004 28 Replies

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Chris Bolus 22 years ago

There are some advantages to living "oop north"!

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Adrian 22 years ago

"Geoff Mackenzie" gurgled happily, sounding much like they were saying:

Albert Road North seems to be RH2 9, according to Google.

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You should have...

Apr-June 2004 sales for that postcode :- Semis - average, £271,000 Terraces - average, £306,000

It'd probably have been a better investment than that GTO over the last few years, especially %age wise!

Terrible, innit, when your house earns more than you do.

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Splashlube 22 years ago

Hmm would have had to make it a big win !!

The Mercedes SSK sold for £4181500 inc premium Yes you did read right over 4 million !!

The S type Invicta made £265500 inc premium.

Most stuff made over estimate and total was in excess of £6 million.

I found the full results on

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Made for interesting reading.

Andy

1908 Hillman-Coatalen

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Geoff Mackenzie 22 years ago

Ah, but you can't drive a house....

Geoff MacK

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Adrian 22 years ago

Geoff Mackenzie ( snipped-for-privacy@acsysindia.freeserve.co.uk) gurgled happily, sounding much like they were saying :

Would you want to leave a GTO parked anywhere?

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Geoff Mackenzie 22 years ago

Well, I parked the house....

Geoff MacK

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David Betts 22 years ago

People do. If you can afford to buy it, you can afford to insure it. Back when GTOs were just old racing cars Alain de Cadenet's often used to be parked in Woodford Green, where it was maintained by Chris Craft's brother at the Castle Garage. Not worth anything like as much in those days, of course, but still highly desirable.

Now if you want to see exotica parked around, try touring some of the hotels around the Goodwood area on the week of the Revival. I've seen BUY 1 parked on a roadside verge because there wasn't space in the hotel car park.

David Betts ( snipped-for-privacy@motorsport.org.uk) The Classic Car Gallery:

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Peter Hill 22 years ago

Tiff Needell did a special from Goodwood a few years ago. In one shot he's walking around the field being used as a carpark. It's not marque stands or special displays. He walks past a sleek bright red wedge and casually waves in it's direction. "Million pound car" he says, the tone of voice says "and some fool has just left here". Merc C111 it was.

-- Peter Hill Spamtrap reply domain as per NNTP-Posting-Host in header Can of worms - what every fisherman wants. Can of worms - what every PC owner gets!

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