Classic ‘barn find’ Falcon GT set to fetch a fortune at Lloyds Auctions – World News

Classic ‘barn find’ Falcon GT set to fetch a fortune at Lloyds Auctions

A basic example of an Australian muscle car icon giving its owner a six-figure windfall after decades of spending stored it in a shed.

Classic Ford Falcon GT Abandoned in a shed by its original owner is set to fetch a fortune at auction this weekend.

Lloyd’s Auctions Say the ocher yellow 1971 Ford Falcon GT has been stored on blocks for a shed for 36 years.

Auction spokesman Lee Hyams said the machine is equipped with Ford’s classic 351 “Cleveland” V8 engine, and has about 100,000 miles on the odometer.

“This vehicle is in complete original condition and a find barn once in a lifetime To all Australian muscle car enthusiasts,” he said.

“You don’t want to miss your opportunity to own this piece of history.”

The machine attracted bids of up to $165,000 with a run of two days.

Fast Fords have a history of raising big bucks at auction.

The rare and desirable “GT HO” versions of the XY Falcon GT, developed as racing homologation vehicles, are responsible for several auction records in Australia.

A yellow 1971 Falcon GT HO sold for $1.3 million in September, eclipsing the $1.15 million paid for the blue example in February. Those cars paid $1,030,000 for a red example owned by former cricketer Jeff Thomson in 2018.

The close relationship with Bathurst Racing has driven the value of the classic Ford Falcon GT model.

Sports fans may consider bidding for a second-place Ford Mustang V8 supercar powered by Cameron Waters in this year’s Bathurst 1000.

The winning bidder will take delivery of their car at the end of the 2022 Supercar season, giving them the opportunity to watch their car race for major trophies.

The Holden, driven to victory by Chaz Mostert and Lee Holdsworth in the 2021 Bathurst 1000, was sold at auction in 2020, dramatically increasing in value when it carried a checkered flag.

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