The Lost World of Automotive Treasures: What This Incredible Barn Find Collection Tells Us About the Future of Classic Cars
For decades, Tom Cotter has been uncovering automotive gold – forgotten classics hidden in barns, sheds, and forgotten corners of America. But his recent discovery in the forests of North Carolina, a collection amassed by Billy Eubanks, is truly exceptional. Featuring over 100 vehicles, including a 1941 Lincoln Continental with bullet holes from the film The Godfather, pristine Corvettes, and rare muscle cars like Plymouth Superbirds, this find isn’t just a story about a man and his cars. It’s a window into the evolving world of classic car collecting and a predictor of future trends.
The Rise of the ‘Hidden Collection’ Phenomenon
Eubanks’ story is surprisingly common. He capitalized on the 1970s oil crisis, buying up desirable vehicles – big-block V8s and Hemis – when demand plummeted. He wasn’t necessarily predicting future value; he simply loved the cars. This highlights a growing trend: the emergence of ‘hidden collections’ accumulated by individuals with a passion for automobiles, often predating the current collector craze. These collections, often discovered after the owner’s passing or due to financial circumstances, represent a significant untapped resource for the classic car market.
“These aren’t the collections built by investors,” explains Cotter in his book, “Secrets of the Barn Find Hunter.” “They’re built by enthusiasts. And that’s what makes them so special.” The Hagerty Insider reports a 15% increase in barn find submissions over the last five years, suggesting more of these collections are coming to light. [Hagerty Insider – Barn Finds]
Muscle Car Mania: Continued Demand and Rising Values
The North Carolina collection is brimming with muscle car icons: Dodge Charger Daytonas, Plymouth Superbirds, and a Richard Petty-edition Plymouth Road Runner. These cars, produced in limited numbers, continue to command premium prices. A 1970 Plymouth Hemi ‘Cuda recently sold for $6.6 million at auction, demonstrating the enduring appeal of these high-performance machines. [Mecum Auctions – 1970 Plymouth Hemi Cuda]
Pro Tip: Focus on originality and documentation when considering a muscle car investment. Cars with complete histories and matching numbers consistently outperform those that have been heavily modified.
The demand for these vehicles isn’t slowing down. Millennial and Gen Z collectors are increasingly entering the market, drawn to the nostalgia and raw power of the muscle car era. This demographic shift is driving up prices and creating a competitive landscape for collectors.
Film Cars: A Niche Market with Explosive Potential
The inclusion of the Godfather Lincoln Continental is a standout feature of the Eubanks collection. Film cars represent a unique and increasingly popular niche within the classic car world. Vehicles with a documented history in iconic movies or owned by celebrities can fetch astronomical prices.
The James Bond Aston Martin DB5 is perhaps the most famous example, regularly selling for over $2 million. However, even lesser-known film cars are gaining traction. The value of a screen-used vehicle is driven by its provenance, the film’s cultural impact, and the car’s overall condition.
The ‘Unrestored Original’ vs. The ‘Perfect Restoration’ Debate
Eubanks’ approach – buying, restoring, and then preserving – is fascinating. Some cars were left untouched for decades, while others were brought back to pristine condition. This highlights a key debate in the classic car world: the value of unrestored originals versus meticulously restored examples.
Generally, unrestored originals in good condition are highly sought after by serious collectors who appreciate authenticity. However, a high-quality restoration can significantly increase a car’s value, particularly if it’s done to factory specifications. The key is transparency and documentation. Collectors want to know exactly what work has been done and by whom.
The Future of Barn Finds: Technology and the Digital Hunt
While the romantic image of stumbling upon a hidden treasure remains appealing, the future of barn finding will likely involve more technology. Online marketplaces, social media groups, and specialized databases are making it easier to locate potential finds. Drones and remote sensing technology could even be used to identify potential collection sites from the air.
Did you know? The term “barn find” originated in the 1950s and 60s, when enthusiasts would often discover forgotten classics in rural barns and outbuildings.
However, the human element – the ability to build relationships with people and uncover hidden stories – will remain crucial. As Cotter demonstrates, a genuine passion for automobiles and a knack for connecting with people are essential ingredients for success.
FAQ
Q: What makes a car a ‘barn find’?
A: A ‘barn find’ is a classic or collectible vehicle discovered in a neglected or forgotten location, often in a barn, shed, or garage.
Q: Are barn finds always valuable?
A: Not always. Value depends on the car’s make, model, condition, rarity, and provenance.
Q: How can I find my own barn find?
A: Network with local car clubs, browse online marketplaces, and talk to people in rural areas. Persistence and a keen eye are key.
Q: Is it better to restore a barn find or leave it original?
A: It depends on your goals and the car’s condition. Original cars are often more valuable to collectors, but a quality restoration can increase appeal to a wider audience.
Want to learn more about classic car investing? Explore our comprehensive guide to classic car investment.
