A number of ultra-rare cars will go up for auction in South Africa at the end of August.
The auction, which is being held by Stephan Welz & Co, includes a 1962 Maserati 3500 GT and a 1962 Bentley S2 Sedan.
The Maserati is believed to be the only one of its type in the country and is expected to fetch between R2.6 million – R3 million. The Bentley is expected to fetch between R800,000 – R850,000.
The auction will also feature a 1956 Mercedes-Benz 180d Ponton Bakkie, which is expected to fetch between R825,000 – R925,000.
Stone-grey with a red interior, the pickup features a 1,790 CC four-cylinder engine, a four-speed manual synchromesh gearbox, and is licensed and registered for South African roads.
According to Stephan Welz & Co, this is one of the original 17 Ponton pick-ups originally commissioned by Daimler-Benz and coach built by Sweiss Technic Nicol of Windhoek as a test marketing tool in the union of South Africa.
1956 Mercedes-Benz 180d Ponton Bakkie – R825,000 – R925,000.
1962 Bentley S2 Sedan – R800,000 – R850,000
1962 Maserati 3500 GT – R2.6 million – R3 million
1973 Rolls Royce Silver Shadow – R325,000 – R350,000
According to Afrasia Bank’s latest wealth report, the global classic car market is valued at around $5 billion.
“According to our in-house indices, classic car prices rose by a strong 150% over the past 10 years (in US$ terms), making it the best performing investment class for wealthy people globally,” the bank said.
Popular classic cars for wealthy car enthusiasts worldwide are listed below (ranked by price in US$).
- Ferrari 250 GTO (1960s): $24,000,000
- Ferrari 250 GT California Spider (1960s): $18,000,000
- Bugatti Royale (1930s): $16,000,000
- Porsche 917 (1970s): $10,000,000
- Ferrari 166 Barchetta (1950s): $9,000,000
- McLaren F1 (1990s): $8,000,000
- Porsche 550 Spyder (1950s): $2,000,000
- Mercedes Gullwing 300sl (1950s): $1,900,000
- Porsche 959 (1980s): $1,500,000
- Ferrari F40 (1990s): $1,400,000