% premium on numbers matching
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% premium on numbers matching
I understand there is a significant premium placed on a 356 being numbers matching VIN, engine, and transmission but have not been given a good idea of what that % premium is .... everything else being equal. Hagerty does not specify that with their valuation tool as they focus mainly on condition. Any thoughts?
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Re: % premium on numbers matching
My opinion. Generally. It depends on the car and how collectible.
For example, if it is a C and has the incorrect engine the significance is not great when compared to a similar car with the correct engine. On the other hand if it is, say, a 356 Carrera with a non numbers matching engine, compared to a similar car with a numbers matching car, then the significance in terms of $$ is substantial.
A numbers matching S-90 Roadster as another example, even a single grill is worth substantially more than an N or S because there were so few.
If you are a "collector" and want to retain maximum value, more than likely you will not consider a car that has the incorrect engine or perhaps other items that are not "original' to the car.
Of course it is purely hypothetical to come up with a percentage range or a $$ range in a general sense. But for the less collectible car, say 15-20% differential up to, maybe, double the potential value for a very collectible car.
Condition is another very important factor, as is color in and out. If a car has in period race history with a significant pedigree, that is anyone's guess but in the mind of the serious collector, very significant.
Personally, I had rather anytime, have a speedster/roadster with an incorrect S-90 or SC or 912 engine.
RoySmalley
For example, if it is a C and has the incorrect engine the significance is not great when compared to a similar car with the correct engine. On the other hand if it is, say, a 356 Carrera with a non numbers matching engine, compared to a similar car with a numbers matching car, then the significance in terms of $$ is substantial.
A numbers matching S-90 Roadster as another example, even a single grill is worth substantially more than an N or S because there were so few.
If you are a "collector" and want to retain maximum value, more than likely you will not consider a car that has the incorrect engine or perhaps other items that are not "original' to the car.
Of course it is purely hypothetical to come up with a percentage range or a $$ range in a general sense. But for the less collectible car, say 15-20% differential up to, maybe, double the potential value for a very collectible car.
Condition is another very important factor, as is color in and out. If a car has in period race history with a significant pedigree, that is anyone's guess but in the mind of the serious collector, very significant.
Personally, I had rather anytime, have a speedster/roadster with an incorrect S-90 or SC or 912 engine.
RoySmalley
Roy Smalley
Texas
Texas
- Adam Wright
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Re: % premium on numbers matching
The big jump, value wise, in numbers matching cars is because the top collectors won't even look at a car if it's not numbers matching. I have buyers that I could show them Ferry Porsche's Porsche that Jesus and Ghandi had dinner in, and their first question would be, "Is it matching numbers?" But if it is matching numbers these guys will pay and pay heavy. Which is why you will see a 20-30% jump in value to a comparable non-matching car.
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Check out my Barn Find column in the Registry magazine, always looking for good stories.
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Re: % premium on numbers matching
Great info. I appreciate it
- Eugene Gouws
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Re: % premium on numbers matching
I have a 1958 speedster that has some racing history between 1058 and 1963. The birth certificate maintained by the factory shows the car originally had engine number 68346; which was replaced by 800196 in 1960 and in 1962 by P602177. If all these were replaced by Porsche and registered on the birth certificate, is only 68346 the matching number?
- Wes Bender
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Re: % premium on numbers matching
Yup.
Some days it's just not worth chewing through the restraints.....
- Jacques Lefriant
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Re: % premium on numbers matching
I think we should have different definitions of nos matching.
1. totally original
2. reunited with the actual components that had a vacation
3. renumbered period correct
4. obvious fakes
j
1. totally original
2. reunited with the actual components that had a vacation
3. renumbered period correct
4. obvious fakes
j
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Re: % premium on numbers matching
Interesting that no one talks about matching numbers on body parts.
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Re: % premium on numbers matching
I always understood that #'s matching included body panels stamped with the last 3? numbers of the VIN as well as mechanical components per the COA. Am I wrong?
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- C J Murray
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Re: % premium on numbers matching
My preference is a car with as much factory original body structure as possible. Usually this is pretty easy to spot if you know what you are looking at. The essence of the Porsche 356 is the body unit which is the basis of the sensual pleasures the car delivers both visually and dynamically. Any lump of engine or transmission can be made to function like factory new with the use of quality replacement parts. Unfortunately today the vast majority of body restorers are incapable of approaching the quality of the factory craftsmen. Screw the easily forged matching stamped numbers of the engine and transmission. Buy as close to virgin a body as you can find and experience the real "original".
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Re: % premium on numbers matching
I make exceptions for cars that raced that had their engines replaced in period either due to race damage/swapping or due to warranty claims and so marked on the kardex. Given the nature of racing that’s just the way it was. No discount.
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Re: % premium on numbers matching
CJ
I totally agree with your analysis. The body integrity if near perfect along with all original matching components you have the best of all worlds. My 59 Cabriolet is such a car and to me it’s a rare treasure indeed.
I totally agree with your analysis. The body integrity if near perfect along with all original matching components you have the best of all worlds. My 59 Cabriolet is such a car and to me it’s a rare treasure indeed.
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