When a garage-find Bugatti Type 57S Atalante coupe sold
at Bonham's Paris auction in 2009 for $4.4 million, the surprising thing
wasn't its faded paint, rusty trim, and worn interior - it's that the car's
condition likely bolstered its selling price. Ten years ago, the buyer
probably would have sent this Bugatti in for a megabuck restoration. According
to Rob Sass, a vintage-car expert whose writing has appeared in the New
York Times and Sports
Car Market magazine,
a sympathetic mechanicals-only restoration is where it's at today. "Under
the circumstances, restoring the car might well be cause for regret,"
notes Sass. At concours events around the country, the fastest-growing
category is known as the preservation class. Its devotees prize originality
over the bright and shiny, better-than-new restorations that for years have
been the mainstay of top vintage-car events.
Part of this trend might be the effect of seeing the
coolness of battered transports in the original Star Wars movies.
Part might be the influence of PBS's Antiques Roadshow, where objects
unearthed from attics and basements are brought to experts who routinely
admonish owners for cleaning their finds - and potentially polishing off
thousands of dollars. Whatever the cause, car collectors have increasingly
grown to appreciate original finishes and the tools and craftsmanship needed to
apply them. This is something the art world has known for years - don't try to
make the old look new. Does that mean every worn-out hulk is now a
preservation-class classic? Not at all, despite the hopeful spin of some
sellers.
Although the rules of the preservation class are
still being written, suffice it to say that an old Volkswagen
Beetle pulled from a farmer's field isn't eligible. It's the cars that
were rare, valuable, and important to begin with that are most prized, cars
whose histories are worth preserving in their unaltered - if imperfect -
as-found, original states.source: From the April 2009 issue of Automobile Magazine - by Dave Kinney
http://www.fzrestoration.com
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