1959 BMW 507 Roadster Series II auctioned for over $1.8M

News | January 18th, 2015 by 1
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At the Gooding and Company’s auction in Scottsdale, AZ, a rare 1959 BMW 507 Roadster Series II was listed for $1.8M. The final price has yet …

At the Gooding and Company’s auction in Scottsdale, AZ, a rare 1959 BMW 507 Roadster Series II was listed for $1.8M. The final price has yet to be disclosed, but the rare 507 Roadster is expect to bring between $1.8M and $2.2M.

This gorgeous white over black leather BMW 507 is a stunning example of the iconic model that has become so sought after by the world’s leading collectors. Chassis 70244, according to BMW records, was completed on November 4, 1959, and by November 13th had been delivered to Glöckler BMW in Frankfurt. While the earliest ownership history of this late-production 507 is unknown, it spent a long period of time as part of the extensive and well-regarded Hans Durst collection in Davos, Switzerland.

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Durst was known for the fastidious care that his collection received, regardless of expense, and the high quality of the cars that he selected. The BMW was subsequently sold in July 1997 to German collector and racer Peter Groh, who put just 2,000 miles on the car during his short ownership. Michael Quinn of Montecito, California, purchased the car in 1999 and stated that around 2003 he had approximately $50,000 worth of work performed on the car at Winning Makes in Santa Barbara, California.

Purchased in 2009 by the current owner, a noted West Coast collector with a stable of highly significant cars, the 507 was again sent to Winning Makes for extensive servicing. This work, which is documented by receipts on file, included the rebuild of the brakes, gearbox, cooling system, and shock absorbers, as well as the crack testing and refurbishment of all suspension components. This thorough work is indicative of the care lavished upon this particular collection and should serve as notice to potential buyers as to the level of attention this beautiful 507 has received. While researching the 507 for the current owner, BMW reported that the engine in this car appears to be a later model 160PS unit, potentially from a 3200 that has been stamped with the correct engine number.

Another addition to this wonderful roadster is a factory hardtop that was sourced by the current owner and accompanies the sale of the car. The hardtop will require fitting due to the hand-built nature of the 507’s coachwork; and although not original to this chassis, it will still be an ideal complement to the fantastic specifications. Additionally, the BMW is equipped with an original sales brochure and copies of the factory BMW service and user’s manuals.

[Source: Gooding & Company]

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