Morning Ouch

356 Porsche-related discussions and questions.
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Steve Harrison
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Location: Auburn AL

Re: Morning Ouch

#136 Post by Steve Harrison » Mon Dec 18, 2017 1:52 pm

Bitcoin accepted?

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Charles H Jacobus
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Re: Morning Ouch

#137 Post by Charles H Jacobus » Tue Dec 19, 2017 8:54 am

Steve Harrison wrote:Bitcoin accepted?
My thoughts also, although I was going to call it 356coin.

Chuck
Current:
2012 Silver 991
1995 Midnight blue 993
1965 Red 356C

Past:
Fond memories of 14 others (including a '63 Normal and a 61 S90) :)

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Mark Sabbann
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Location: Stillwater, MN

Re: Morning Ouch

#138 Post by Mark Sabbann » Tue Jan 30, 2018 10:06 pm

Dick Douglass wrote:Recently researched a new idea in 356 ownership. A financial investor will buy a 356. He will keep 10-15 interest in the Porsche Speedster or Convertable D, or Coupe. They will sell off the remaining investment in parts of 2,000 shares... max.
The prices continue to climb in early Porsches so you buy a share or 10 shares or what ever and you trade them just like STOCK! The original investor maintains control and inventory of the car.
When you buy a share your get a certificate just like buying Gold or Stock. When you want to sell you post "For Sale" and wait for the market to offer you a price you will accept.
Owning a Porsche is now a commodity and the market will dictate future prices. They intend to own about 1500 cars, at only 10% of the cost of buying the car.
People all over the world will be able to say I own a piece of a Porsche 356.
The interesting piece of this is the Investor who bought the 356 and created the shares will collect a FEE every time a share is bought or sold.
Do you think this is where the future 356's will end up? Do you have excess cash to invest? Makes the $ 14,200 car a possible candidate to be restored and sold off in shares. I'm sure you get glossy colored pictures of your new investment.
Looks like Dick is on to something: https://techcrunch.com/2018/01/30/rally ... ssic-cars/ Except you can't drive the car!
Mark Sabbann
1964 SC Coupe 'Essy'
1965 C Coupe 'The Yellow Delicious'

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Adam Wright
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Re: Morning Ouch

#139 Post by Adam Wright » Tue Dec 03, 2019 2:53 pm

C J Murray wrote:
Wed Nov 22, 2017 5:42 pm
Only a fool would restore that car. Even if it was a Carrera 2 you might be upside down. The twin grill roadster in the market report this month had receipts from Willhoit exceeding $400k. I bet that started out nicer than this coupe. Bill Kemper at Panelwerks in Mentor Ohio has a freshly restored T6 coupe for $85K. Write the check and start driving.
Oh, but it is being restored, in Eastern Europe, where things are soooooo much cheaper. Never say never. I recently got these pics as an update on the car.
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I always need stories for my Barn Find column in the magazine, if you have a good story to share, please let me know.

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C J Murray
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Re: Morning Ouch

#140 Post by C J Murray » Tue Dec 03, 2019 3:08 pm

I can read the ad right now...."all original sheet metal". Buyer beware.
'57 Speedster
'59 Sunroof
'60 Devin D Porsche Race Car - Finally Finished!
'63 GS 2133 coupe
'64 Elva Courier mk4T
'67 911 S Original Owner

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Adam Wright
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Re: Morning Ouch

#141 Post by Adam Wright » Tue Dec 03, 2019 3:25 pm

C J Murray wrote:
Tue Dec 03, 2019 3:08 pm
I can read the ad right now...."all original sheet metal". Buyer beware.
Just fess up Cliff, you ran your mouth about a world you know nothing about and have been proven wrong. Making false claims about how it might be sold is disingenuous.
I always need stories for my Barn Find column in the magazine, if you have a good story to share, please let me know.

Craig Colaluca
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Re: Morning Ouch

#142 Post by Craig Colaluca » Tue Dec 03, 2019 6:01 pm

The car in the BAT link in the first post (vin 117780) was restored by Bob in California to an amazing condition. I’m fairly sure it was listed for sale here in the classifieds at some point.

Post resto pics:

Image

Image

Image

I was talking with Bob when I was shopping. He seemed to be a super guy. When I saw the BAT link of the original condition of the car, I passed. But kudos to him for giving part of his life to make this car whole again.
Last edited by Craig Colaluca on Tue Dec 03, 2019 7:14 pm, edited 2 times in total.

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C J Murray
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Re: Morning Ouch

#143 Post by C J Murray » Tue Dec 03, 2019 6:14 pm

Adam Wright wrote:
Tue Dec 03, 2019 3:25 pm
C J Murray wrote:
Tue Dec 03, 2019 3:08 pm
I can read the ad right now...."all original sheet metal". Buyer beware.
Just fess up Cliff, you ran your mouth about a world you know nothing about and have been proven wrong. Making false claims about how it might be sold is disingenuous.
Adam, It's still a turd, I know that is your specialty but some poor unsuspecting soul will end up paying way too much for a turd. Buyer beware. I'm glad I know nothing about your world of turds.
'57 Speedster
'59 Sunroof
'60 Devin D Porsche Race Car - Finally Finished!
'63 GS 2133 coupe
'64 Elva Courier mk4T
'67 911 S Original Owner

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