Is This The Most Expensive Junkyard Find On eBay?


Publish date: 2015-12-08 14:28:24
1955 Porsche 356 Speedster

Specifications:

Name: 1955 Porsche 356 Speedster

Year(s) Produced: 1948-1955

Number Built: 1,700

Class: Sports car

Body Type: 2-door speedster

Engine: 4-cyl. 1286cc/44hp 2x1bbl

Power: 204hp @ 6400 RPM

0-60mph: 13.9 seconds

Top Speed: 95 mph

Transmission: 4-speed manual

Length/width/height: 155.5 in/66 in/51 in

Wheelbase: 82.7 in.

Base Price: US$2,995 (NADA)

Current Value: US$165,000 (Hagerty)

What made this junkyard find so expensive in eBay? Perhaps if you will realize that this belongs to one of the 1,700 Speedster units manufactured by Porsche during 1955, then probably you will join in the bid wars as well.

1955 Porsche 356 Speedster

This rust bucket of a shell belongs to a 1955 Porsche 356 Speedster that was simply left and forgotten for more than 40 years. According to the seller, the Porsche chassis has been identified as #212 and has the papers to prove it. Interestingly, the said seller also included in his eBay ad (in which by the way, is no longer available since the bidding ended already) a magazine of a news article mentioning a previous Porsche Roadster fetching at more than half a million dollars. The seller, which goes by the name of ‘danshan1’ explains, “The picture of the $583,000 blue Speedster is not intended to make you think we expect even half of that amount, but it just has to be an interesting story! At its closing bid last week, the 1955 Porsche husk was sold for over $152,000++ which includes with it a title, an engine (that is not yet installed), spare wheel and tire.

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Nevertheless, the shell presents a potentially profitable opportunity according to Rod Emory of Emory Motorsports who specializes in the restoration of Porsche classics. He claims that a completely restored barn find of a Porsche such as this, may value as high as $400,000. With danshan1 helping out with the parts – he claims to have several original 356 parts, with the help of third party suppliers – anyone who wishes to embark on this restoration challenge will have one heck of a profit once the job is complete.

Are you willing to take on the challenge of restoring this hidden gem?

 

Reference:
http://www.foxnews.com/leisure/2015/12/03/rusty-barn-find-155-porsche-356-speedster-sells-for-152g-on-ebay/
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