RUMCars Forum
General Category => Sales & Auctions => Topic started by: Grant Kearney on March 18, 2014, 01:11:39 pm
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Probably of little interest as its an original car ;). Note to potential buyers, make sure you can fit the driving position, taller domes are available from Bruetsh Cars, Nottingham ;D
http://www.ebay.co.uk/itm/Peel-Trident-Single-Seater-ultra-rare-genuine-original-vehicle-/141226742326?pt=Automobiles_UK&hash=item20e1c51236 (http://www.ebay.co.uk/itm/Peel-Trident-Single-Seater-ultra-rare-genuine-original-vehicle-/141226742326?pt=Automobiles_UK&hash=item20e1c51236)
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I was waiting for this one to pop up. It will be interesting to see what it fetches as this may give a truer indication of value than the wiener ones.
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Given all the uproar its allegedly dirt cheap. Several fakes have been put up for more.
Trouble is its real so what can you do with it? Cannot use cheap bits, modify or otherwise tamper or you risk your investment as it is still a lot of money and its value is wholly dependent on supporting information and patina. Current owner is sensible enough to value that. Full restoration might be a mistake if the former docs are not a strong case. That is reality in a world of the unreal.
Ideal for me as it is a wide bottom version with sandwich box. All for the price of a Messerschmitt. Why is it still for sale? Have sellers talked the price up to the point of little interest? Engine not powerful enough? Indeed watch with interest.
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I've long maintained that all the fakes will effect buyer confidence until people will be afraid to buy a real one. The same reason I can longer make a living selling antique instruments.
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That's the worry, Bob. You should have had a job, or paying pastime at least, for life there, but it seems not.
In a world of rising values I am just assembling my longcase clock (Grandfather). It is a classic reactive piece of furnishing, as soon as seen the expectation is of its value and significance as evidence of other valuables is mentioned or quietly calculated. Trouble is these so called valuables have not altered price for a long time and my clock, realistically, as a regional made item, is probably worth £1,250 to £1,500. The fact is I have some nice old tackle but the boxes of car parts are worth more. Nonetheless exhibiting the antiques is a risk of inviting burglary, where is some boxed car bits looks pretty uninteresting.
When I inherited the longcase from my godmother, boy did it upset my sister who wanted to know what she was getting - err, like nothing, as she was not you godmother? I never told her I got £5,000 as well! I was a dutiful godson. Anyway I could have sold it and bought a reasonable Treinkel, now worth perhaps £10,000 unless tidied up a little. So fashions change too. Add a market packed with poor quality restorations and fakes and the money stops turning up. As it is this a family item, passed down the male line, why it came to me, and I enjoy owning something I would never buy.
This pass over of value back to those who fancy ownership is happening to the less eclectic pre war saloon cars. At sometime in the future it will happen to Microcars. Its the way of things. Stuff goes up in value and then falls away. I am looking at books now. Most books have, effectively, no cash value to speak of. So it is a thing you can collect yet it has the value of its contents if you chose to read them. A great collectable then, but unlikely to ever be worth any great amount of money.
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Off topic but had a longcase clock shop many years ago at Drayton St Leonard
(motto-- buy them cheap, sell them dear; Drayton St Leonard is everywhere)
have a personal collection which like many antiques have slowly fallen in value over the past 8-10 years. Inc Pelham puppets.
The market was always furnishing pieces and 'collector pieces' clue in titles. Is there a similarity with microcars?
It was good to have a list of collectors individual tastes that meant most specialist pieces were as good as sold before being bought
The furnishing pieces much more challenging, the general public being harder to please and expected quartz accuracy and battery reliability from a 100-200 year old clock.
Plenty of longcase choice these days BUT also plenty of marriages/bitsa clocks often not spotted or not declared!
Not so much microcar choice but maybe also bitsa issues as prices are rising
The little microcar collection has increased in value over 10 years and if I was starting now not sure even one would be affordable
I watch the isetta wrecks sell on ebay and really wonder if the buyers know the cost of parts or if they will eventually join the all too often seen classic car ads for sale £4500 and only £7500 spent
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fakes will effect buyer confidence
More likely it's because, as reps become common place and the average man in the street unable to tell the difference, there's less intrigue, so less reason to buy a real one. I preferred Peels when only genuine ones existed! Now I'm bored of them, give me some obscure Czech micro any day.
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Fabric covered Peel replica, Jawa bout that?
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So there we have it, the official value of a Peel trident minus all the talking it up and Wiener hype. £25,700 in cold blood.
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I am glad that this Peel has achieved a good price and will be loved by someone?
And if restored (to what level?) how much will it be valued at?
More or less - when it looses it's 'original' patina.
This ones originality was lost when it was painted years ago.
How important is an 'original' dome compared to a modern replacement........etc
Original gelcoat compared to a respray?...................
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For me its ability to prove its real and attached to the paperwork supporting the claim. Thus perfect papers, restore to perfection. No probs. Iffy paperwork, worth more in original patina unless you find a desperate buyer who cares not.
I think we ought to ask Colin Furze to make a Peel fake.