Pages

Tuesday, 26 July 2016

H&H AUCTIONS - A NEW KIND OF HEDGE FUND – MONEY IN THE LONG GRASS?



A NEW KIND OF HEDGE FUND – MONEY IN THE LONG GRASS?
FOUND IN A HEDGE & A HOLLY BUSH - A 1966 JAGUAR E-TYPE 4.2 ROADSTER AND 1933 SINGER 2 LITRE, COME TO AUCTION WITH H&H CLASSICS
                                                                                              1966 Jaguar E-Type 4.2 Roadster
H&H Classics have two desirable cars consigned to their October 12th sale at the Imperial War Museum Duxford which were both garden-finds. The duo spent many decades ensconced in greenery, one in a hedge and the other in the lee of a holly bush.
The first, a 1966 Jaguar E-Type 4.2 Roadster, has only recently been disinterred from a Bedfordshire garden where it has lain immobile for decades. Protected by a tarpaulin and hidden from view by a holly bush that had to be cut down to liberate it, the Jaguar is nonetheless surprisingly sound.
One of 863 RHD 4.2 Roadsters made prior to the introduction of the Series 1.5, the Jaguar is estimated to sell for £55,000 to £65,000. It comes with a factory hardtop, soft-top and appears to be basically complete (the engine is free and the aged tyres still hold air).
The second car is a 1933 Singer 2-Litre Fox & Nicholl Team Car Evocation, was discovered by the vendor in a hedge some forty-six years ago as a rolling chassis and has since been restored to resemble the Fox & Nicholl Team Car that Lewis / Hindmarsh drove to 7th overall during the 1934 Le Mans 24-hours. This magnificent car powerfully recalls the 1930’s racing world.
                                                                                                             1933 SINGER
Estimated to sell for £40,000 - £50,000, the 1933 Singer 2-Litre in red with black trim and carrying an MOT that expires in June 2017 has been beautifully restored with ‘no expense spared’.
It was off the road for twenty-three years before entering its current ownership in 1970 as a rolling chassis.
The engine was found to contain a bespoke 'hot' camshaft and Castrol R oil when restoration commenced and is thus thought to have had a racing past.

Re-bodied in the style of the Fox & Nicholl Team Car that Lewis / Hindmarsh drove to 7th overall during the 1934 Le Mans 24-hours, it was unofficially timed at 106mph and has been used for countless Continental tours.

Damian Jones, H&H Sales Manager says: “The car has had a recent engine overhaul and is in 'on the button' condition.”
The seller of the Singer is a marque enthusiast and did much of the restoration work himself (though, he outsourced the specialist machining jobs such as overhauling the engine). He and his wife have frequently covered 5,000 miles per year in the 2 Litre driving it from their Lake District home down to Italy and back.

No comments:

Post a Comment