LBI Limited came across a small stash of classic Alfa Romeos after receiving a tip that the Italian sports cars were buried in two Pennsylvania barns. The story is a classic case of unplanned inheritance; the original owner of the fleet died and the family member given the role of caretaker ended up storing the cars.
That was 40 years ago, and half of the collection was practically entombed on purpose when the 1967 Giulia, 1969 Berlina, and 1976 Alfetta (seen above in an enclosed barn), had their fates sealed when 2x4s and plywood were hung around them. Next to the doorless barn was a two-car garage, housing the real jewels of this find: a 1959 Giulietta Sprint and 1959 Giulietta Spider. Apparently, the two mid-century coupes ran when parked, making the cross-country trek from California shortly before going into hybernation.
Details are scarce right now, but the value of the collection is largely dependent on engine options, says Hagerty Manager of Valuation Analytics John Wiley. For example, top-of-the-list values for the ’59 Giulietta Spider range from $89,300–$120,000, depending on whether or not the car is equipped with the 80-horsepower standard single-carb or 90-hp dual-carb “Veloce” variant of Alfa’s humble Twin-Cam four-banger. Looking at the current state of these barn finds, however, you can expect values to sit around the $40,300–$53,700. Looking for a budget-friendly barn find? The ’76 Alfetta GT is your choice, with values ranging from $26,800 for a #1 (Concours) car to a basement price of $5000 for a #4 (Poor) example.
Report by hagerty.com