An E-Type that was recently discovered under a hedge and has been causing such a stir in the classic market has sold at auction for just short of £60000. The car in question is an early 3.8 litre flat floor fixed head coupe so very desirable even though it will require extensive restoration.
E-Type found under a hedge sells for £58000!
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We were encouraged by strong results achieved across the board and the number of registered bidders joining us and bidding in the room – it’s always good to see the market is as active as ever.
Chris Routledge
CEO of international auctioneers COYS
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The derelict E-Type attracted attention from all four corners of the world and bidders in a packed auction room and via telephone fought fiercely for it on Tuesday night. It ended up going to an English collector and Beatles enthusiast who plans to slowly restore it to its former glory.
Chris Routledge
CEO of international auctioneers COYS
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Further Information
The E-Type showed just 44,870miles on the clock and still had the last tax disc on the windscreen which expired in November 1969. The car’s first owner in May 1963 was none other than Ivor Arbiter, who owned Drum City and Sound City in London and was the designer of the ‘drop – T’ logo for The Beatles.
It changed owners a couple of times between 1965 and 1967, when it moved to its last owner Frank Riches, who raced it extensively at Oulton Park, Brands Hatch and Blackbushe between 1967 and 1969. Frank burnt out the clutch and instead of getting it fixed he put the car into storage in a lock up until the 1980s, he then moved it to his garden where is remained under a tarpaulin until the present vendor rescued it in 2015.
This is certainly going to be an interesting car and we look forward to seeing the results of who ever puts this car back on the road.
