We
all grow up digging around in sand boxes hoping to strike it rich and
find some hidden and valuable ancient treasures. What we typically find
is an old Matchbox car or a present left behind by a cat. Either way,
it’s very rare to find something desirable. Well, that's not quite the
case with a young group of boys in California. They were digging in
their yard when they found something that would make anyone’s jaw drop
and their mouth start drooling. These kids were digging in their yard
when they came across something big, something metal, and something very
valuable. A buried Ferrari!
The boys actually discovered a 1974 Ferrari Dino 246 GTS buried just a few feet under the dirt in their yard. The family had just moved into the house and immediately called authorities who came and roped off the area. A team of investigators arrived and unearthed the very valuable rare car.
After
exhuming the Italian sports car, it was obvious that someone had
planned on returning to retrieve the vehicle. It was very crudely
mummified with towels in the vents and tape on many of the seams however
the windows weren’t fully closed causing a lot of interior damage.
Farmers Insurance was contacted and because of the VIN number they traced the last owner. After the investigation, it turns out that the owner of the car had actually hired thieves to steal the car and dump it in the ocean so he could claim insurance on it. The thieves buried the car with the intention of returning to pick it up.
The buried Ferrari was then auctioned off after being on display with the incredible story being reported across the nation. It was purchased by a young mechanic who owned his own shop in California. The going price was estimated to be between $5,000 and $9,000 that he paid for the car.
He fully restored the buried Ferrari and often enters the car into car shows. Here are the pictures of the car after the complete restoration. His initial investment is now worth in the millions!
Everything on the car has been restored to the exact factory condition. However, this car comes with some incredible history and an awesome story.
The car eventually has a vanity plate which reads "DUG UP".
How perfect is that?
Farmers Insurance was contacted and because of the VIN number they traced the last owner. After the investigation, it turns out that the owner of the car had actually hired thieves to steal the car and dump it in the ocean so he could claim insurance on it. The thieves buried the car with the intention of returning to pick it up.
The buried Ferrari was then auctioned off after being on display with the incredible story being reported across the nation. It was purchased by a young mechanic who owned his own shop in California. The going price was estimated to be between $5,000 and $9,000 that he paid for the car.
He fully restored the buried Ferrari and often enters the car into car shows. Here are the pictures of the car after the complete restoration. His initial investment is now worth in the millions!
Everything on the car has been restored to the exact factory condition. However, this car comes with some incredible history and an awesome story.
The car eventually has a vanity plate which reads "DUG UP".
How perfect is that?
No comments:
Post a Comment