Rusty Gold they call it! A 1957 Porsche 356A 1500 GS Carrera Coupe, which doesn’t work, has been described as one of the most exciting barnfinds in recent years — and it is set to sell for $700,000 or possibly more. It is being auctioned off by Gooding & Company.
This Porsche helped bridge the gap between the company’s sports vehicles and racing cars when it debuted in 1955.
But this 1957 model hasn’t been driven since 1973, after its brakes failed a safety inspection.
Its original engine was removed and taken apart. After nearly a half-a-century of neglect, the bodywork and wheels are covered in rust.
Contrary, as one of the most desirable classic Porsches ever, there is no lack of shortage of interest from around the world in the unrestored sports car.
Gooding & Company has described it as quote “certainly one of the most exciting barn-find discoveries in recent memory.”
The auction house have given it an estimated price of $700,000 ahead of its sale on March 9 at Amelia Island, Florida.
Gooding & Company Senior Specialist and Porsche expert David Brynan says: “This was Porsche’s top of the line road car and one of the most exotic sports cars of the 1950s.
Brynan continues on “They have always been sought after, so most have been restored at least once.”
“To find a car that hasn’t been seen in 40 years, and that retains so much original character is virtually unheard of.”
The Porsche is being sold with the original engine, which will need to be rebuilt, because it’s all in parts.
When it is properly functioning, the 1.5-liter engine will develop 100 hp – giving it a 0-60mph time of 8.7 seconds and a top speed of 125mph.
Original factory records indicate the 1500 GS Coupe was completed on July 4, 1957, and finished in silver metallic with black leatherette upholstery.
There were numerous owners until 1973, when it was parked in a U.S. carport and left for nearly 45 years.
The interior seems to look original and generally well-preserved. Despite being 60 years old, the Odometer shows this to have been driven just 52,837 miles.
Gooding & Company also added: “Hidden away for decades and possessing a fantastic history, this unrestored, matching-numbers 1500 GS Carrera is certainly one of the most exciting barn-find discoveries in recent memory.
“This is truly an opportunity not to be missed for the collector who has longed to own a genuine and noteworthy example of Porsche’s legendary four cam.”Categories: Blog