2013-06-01 07:52:41 -
As the Greek economy slides down further into the Aegean Sea, many owners of classic cars have had to take the hard decision of whether to keep their prized possessions or eat. Many have now taken the view it is better to have food on the table than a beautiful car in the garage.
COYS the International car auctioneers that have a reputation for ground-breaking events are to hold the first ever major classic car auction in Athens, Greece, on Saturday June 15th.
The auction will include a £1,000,000 plus collection of Rolls Royce's at no reserve as well as more than 100 lots of exotic cars and motorcycles.
Many have come from the PHAETHON Classic Car Museum in Athens.
always been at the forefront of developing new classic car markets," said Chris Routledge," and we wanted to give classic car collectors in Greece the opportunity to sell to an international marketplace.
He added:" The developments in the Greek economy has seen a number of interesting vehicles emerging from Greek collectors but more importantly these collectors have realised that classic cars, which have out performed even gold in terms of investment can be an important part of a new Greek economy.
"We have spent months looking for suitable cars for the auction which has attracted vehicles from both Greece and adjoining countries."
Amongst the cars on offer is a 1964 Alfa Romeo 2600 sprint with rare Bertone bodywork estimated at €12,000 to €18,000; a 1962 Amphicar estimated at €18,000 to €30,000; A Lamborghini Urraco P200 estimated at €25,000 to €30,000; A 1969 Lancia Fulvia 1.6HF original Fanalone estimated at €35,000 to €45,000; A 1935 Adler Trumpf Junior, estimated at €15,000 to €20,000; A 1965 Ford Lotus Cortina, estimated at €30,000 to €40,000 and a 1993 Lancia Delta Intergrale World Acropolis rally winning car estimated at €60,000 to €70,000
Rolls Royce's include a 1929 Phantom 1 Ascot Tourer, a 1929 Phantom 1 ‘ Newmarket'
And a 1927 Phantom 1 ‘Huntingdon"
For full details and stunning photos of all 115 vehicles click the link: