Limited Edition Values
#1
Posted Yesterday, 07:37 PM
Anyone know the real value of the first Limited Editions
#2
Posted Yesterday, 10:19 PM
As with all rare Minis it is worth whatever someone is willing to pay and how keen they are to own it.
eg. At classic car auctions it only takes two people determined to add a rare car to their collection, to far exceed the estimated value while bidding against each other.
The LE Mint Stripey is the first Limited Edition Mini, hardly any appear to have survived and retained all their original features in good condition, so I think you are wise to have yours insured for £20k due to its rarity.
However also bear in mind that classic car values (including Mini values) rise and fall over the years, often inline with things like the current 'cost of living' crisis in the UK economy. Also buyer demand can change over the years, less buyers usually results in lower prices.
eg. auction companies have often stated recently that demand and prices for pre-war classic cars and older British motorbikes has dropped significantly because the generation that remember them and owned them when younger, are declining in numbers or are now too hold to drive or ride them...
Edited by mab01uk, Yesterday, 10:24 PM.
#3
Posted Today, 06:55 AM
As far as I was aware the first limited edition Mini was the 1979 1100 Special, which came in Rose Gold and Silver.
Everyday is a school day!
As Mab correctly says, all classic car values are depressed, and will continue to be so in my humble opinion. The prized Coopers will obviously hold their values, but I think you’d struggle to get £20k in this market, unless it was exceptional. By all means keep it insured for that, as you’d struggle to replace it like for like.
But as my Dad always says, it only takes one person to really want whatever it is you’re selling l
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