The Allure of Barn Finds

In the last decade, there has been a growing fascination with so-called “barn find” collector cars. Perhaps Tom Cotter is to blame with his Barn Find Hunter books and video series. The term, of course, refers to classic cars that have been discovered in unexpected places, often hidden away in barns, garages, or other storage spaces for decades. There’s hardly a week that goes by when another blue-chip icon is suddenly rediscovered.

The allure of barn finds often lies in the mystery that shrouds these vintage vehicles. Unearthed after years of neglect, we’re left wondering how someone could legitimately forget they had a priceless Ferrari sitting in the back yard. The gap in time between their last use and recent revelation only adds to their charm.

Layers of dust and detritus become a testament to the passage of time and the stories they hold. It’s only natural that collectors would be drawn to the opportunity to restore one of these neglected relics to its former glory. 

New/old fascination

One of the driving forces behind the fascination with barn finds is undoubtedly the thrill of discovery. In traditional car auctions or showrooms, vehicles are meticulously prepared before they’re presented. But barn finds are – presumably – stumbled upon unexpectedly. The element of surprise and the prospect of finding a rare gem in an unlikely setting contribute to the adrenaline rush. Perhaps an old registration car in the glove box reveals a now-famous former owner. An original window sticker or receipt from the first sale is always a winner.

More often, though, barn finds often present a unique opportunity for collectors to acquire rare and valuable vehicles at a more affordable price.  Many of these forgotten cars have been tucked away for years due to neglect or a lack of awareness regarding their potential worth. A savvy buyer might be able to acquire a valuable diamond while it is still in the rough, so to speak. 

Sellers, on the other hand, may hope to stumble on a gold mine. Markets change and what was once overlooked sometimes finds itself in the spot light suddenly. Some owners find that rare, limited-production vehicle they’ve been ignoring has appreciated significantly in value over the years. That layer of dust on the paint maybe isn’t such a bad thing after all. 

The owners of a rare BMW 507 roadster “discovered” an example in their Philadelphia garage a couple years ago, garnering a lot of attention. Of course, they knew the car was there all along. They’d inherited the car from a family member who’d owned since they were essentially disposable.

But over the course of several decades, values of that model – of which only 252 examples were ever built – shot into the seven-figure range. The timing was right for their spare example (the shop I was managing was restoring another 507 of theirs) to re-enter the marketplace with a splash.

BMW 507 in restoration
The same family restoring this 507 sold a “barn find” example they’ve had since 1979 for a cool $2.3M

Social excitement

The rise of social media and online platforms has also played a crucial role in popularizing barn finds. Enthusiasts share their discoveries, restoration projects, and success stories across various online communities, creating a virtual space where the thrill of the hunt is experienced collectively. This interconnected network of enthusiasts fosters a sense of community and camaraderie, further fueling the fascination with barn finds as a shared passion.  

However, it’s essential to recognize the ethical considerations surrounding barn finds. Given the popularity of the barn find designation, there’s incentive for shady sellers to sack away a lackluster example for months, then suddenly discover a hidden gem in their possession. Just calling it a barn find gets the prospect immediate attention in some circles, deserved or otherwise.

Not always good news

Sometimes it’s quite the opposite, however. I met a gentleman who had a 1960 Land Rover under a cover on his property. It was the very vehicle he bought new, took delivery at the factory in England, and then spent the first nine months of his marriage driving across the Middle East with his new bride. They made it to Calcutta before shipping it home.

For years he drove it daily, but it sat for more than two decades after blowing a head gasket. I was there when he pulled the decaying polypropylene cover off it, only to reveal that virtually all of the steel components had rotted away from the ground up. His barn find (or unearthing, technically) was a heartbreaking experience.

While the trend has brought renewed attention to forgotten classics and created a vibrant community of enthusiasts, it also raises important questions about ethical practices in the preservation and restoration of vintage automobiles. As collectors continue to uncover hidden gems in barns and garages, the love for these rediscovered relics is likely to persist, shaping the landscape of automotive appreciation for years to come.

Land Rover Series II under a cover
The Land Rover under the cover was in sad shape, but is reportedly getting a full restoration after more than 20 years off the road

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