A Really Expensive Collectors Item

Ahee Jewelers of Gross Point, Michigan crafted a 2006 Ford GT out of gold. Yes, real actual two-tone 18-karat gold. Everything, but the four pristine rubber tires on this collector item, is made of gold. It’s a 1:25 scale model of one of the greatest cars ever made: the 2006 Ford GT, one of the most sought after Ford cars with only 5,000 manufactured. The collectible 650 hp supercar is a tribute to the legendary Ford GT40 which achieved four consecutive Le Mans victories 1966-1969. The GT40 cemented Ford as a force to be reckoned with on the race track. According to Sotheby’s CMO, the 2006 Ford GT shares “nearly every crease and line with its historic predecessor, the 2006 GT was conceived to evoke grand images of Ford’s most triumphant moment for any gear-head in the know. Just like the original racer, the new GT had to be a world-beater, but most importantly, it had to break Ferrari’s six-year hold on the famed 24-hour race by besting the team from Maranello.” So the tiny gold replica which is truly one-of-a-kind, in turn, pays tribute to this amazing car.

It was commissioned by a descendant of, the Ford Company’s founder, Sir Henry Ford to commemorate the centennial of the Blue Oval Ford Motor Company logo, which was designed in 1928. It introduced the basic shape and colors of future Ford logos, although it was much fatter and flatter than the current one.

The gold replica is extremely detailed, reportedly taking several hundred hours to fabricate. It’s made from several different custom 18-karat gold pieces, with a complete interior, engine bay, and front compartment. The doors swing open to reveal a painstakingly detailed cabin with things like a steering wheel, pedals, and dashboard. The wheels spin and are wrapped in rubber. The supercharged engine is easily spotted through the rear window frame. There are even exhaust pipes, a diffuser, as well as a “Great Lakes” branded Michigan license plate that reads “FORD 1.” The replica weighs 3.25 lbs., so it fits perfectly in the palm of your hand and comes with a specialized plastic case with a mirrored base. The 7 ¼ x 3 ¼-inch car was auctioned online via Sotheby’s with an estimated sale price of $30-$40K. It went live November 23 to December 3, 2018 for a once-in-a-lifetime bidding opportunity. And in the end it sold for $75,000 – so it nearly doubled its estimated value. To put that into perspective, that kind of money could get you into a new BMW M3. Or a Porsche 718 Cayman.

I love car collectibles, but I’m not sure I could justify spending $75K on a trinket. Could you? It’s not uncommon for a collector’s item to have an obscene price tag, but the bidding for this item started at $24,000. How in the world did it get all the way up to $75,000? The item wasn’t even in mint condition. The auction site mentioned that there were some light surface scratches on the hood as well as along the sides and a bit of rubbing when the doors open and close.

It isn’t a collectible car you’re actually able to restore and eventually drive. It isn’t something you display in your living room or leave unattended while on vacation. What am I missing? What are your thoughts? Share them with us in the comments box below.

SOURCES:

https://www.sothebys.com/buy/85622786-5d31-4eba-b553-9dd3f13eb501/lots/33328ac8-f220-4b3c-95a2-23ade2503063

https://driving.ca/ford/auto-news/news/solid-gold-scale-model-ford-being-auctioned-for-price-of-a-full-scale-sedan

https://www.muscularmustangs.com/database2/fordlogo.php

https://jalopnik.com/this-tiny-18-karat-gold-ford-gt-model-car-will-only-cos-1830709211

https://carbuzz.com/news/guess-how-much-this-golden-ford-gt40-model-costs

https://finance.yahoo.com/news/sotheby-offering-miniature-18-karat-200022010.html

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