He’s Been Hiding This Treasure In His Barn For 40 Years – Now It’s Worth $700,000
January 19, 2016 7:05am PST
A Texas car collector recently opened the doors to an Austin barn that had been untouched for forty years, and inside he was stunned to find five classic pre-World War II American automobiles worth thousands of dollars.
It was about to years ago that Antonio Brunet, chairman and founder of Motostalggia Auctions, heard about the amazing car collection. He then helped the owners take the cars to auction, and sold them all for $700,000 in cash.
“It’s the Holy Grail for a car guy,” Brunet said, according to AWM. “Opening the doors, seeing the cars covered in dust, untouched for years … It’s like you’re in a time machine.”
The amazing collection includes:
- 1932 Cadillac 370B V-12 Victoria Convertible which has an estimated value of $285,000-$350,000
- 1933 Cadillac Model 370C V-12 Town Coupe with an estimated value of $55,000-$75,000
- 1938 Cadillac Series 90 V-16 Fleetwood Limo valued at $45,000-$65,000
- 1923 Milburn Electric Model 27L valued at $90,000-$125,000
- 1908 REO Model G Boattail Roadster/Sedan Tonneau valued at $75,000-$95,000
- 1937 Kozy Coach Travel Trailer, twice used, valued at $75,000-$100,000
“I think the main reason why barn finds are so exciting is that most car guys like originality,” Brunet said. “Cars that are 40, 50, 80, 100 years old or more … They’ve transitioned from basic transportation to collectible vehicles. And during that transition, most cars are repaired and modified here and there; they evolve over time. But with a barn find, it’s like time stopped. The cars haven’t changed, other than getting older. They’re just as they were when they were put away, right down to the smell. It’s incredible.”
The car owner, who has only been identified as Jack, had always planned to fix up the cars. However, after moving to Texas in the 1970s, he was never able to find the time or the money to do so.
“He really took the time to put the cars away properly,” Brunet said. “They were on blocks, perfectly spaced, waiting for the day they would be on the road again.”
In total, Jack’s cars sold for $744,000.
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