Dug up Farrari in back yard

Ironwolf

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http://libertyfirstnews.com/some-ki...ng-police-have-never-seen-anything-like-this/


Some Kids Were Digging In Their Backyard When They Hit Something. Police Have Never Seen Anything Like This



buried-ferrari-1.jpg




We all grow up digging around in sand boxes hoping to strike it rich and find some hidden ancient treasures. What we typically find is an old Matchbox car or a present left behind by a cat. Either way it’s very rare to find something desirable. Well, that’s not quite the case with a young group of boys in California.

We all grow up digging around in sand boxes hoping to strike it rich and find some hidden ancient treasures. What we typically find is an old Matchbox car or a present left behind by a cat. Either way it’s very rare to find something desirable. Well, that’s not quite the case with a young group of boys in California. They were digging in their yard when they found something that would make anyone’s jaw drop and their mouth start drooling. In 1978, these kids were digging in their yard when they came across something big, something metal, and something very very valuable. A buried Ferrari!




The boys actually discovered a 1974 Ferrari Dino 246 GTS buried just a few feet under the dirt in their yard. The family had just moved into the house and immediately called authorities who came and roped off the area. A team of investigators arrived and unearthed the rare car.








After exhuming the Italian sports car, it was obvious that someone had planned on returning to retrieve the vehicle. It was very crudely mummified with towels in the vents and tape on many of the seams however the windows weren’t fully closed causing a lot of interior damage.








Farmers Insurance was contacted and because of the VIN number they traced the last owner. After the investigation, it turns out that the owner of the car had actually hired thieves to steal the car and dump it in the ocean so he could claim insurance on it. The thieves buried the car with the intention of returning to pick it up.







The buried Ferrari was then auctioned off after being on display with the incredible story being reported across the nation. It was purchased by a young mechanic who owned his own shop in California. The going price was estimated to be between $5,000 and $9,000.







He fully restored the buried Ferrari and often enters the car into car shows. Here are the pictures of the car after the complete restoration.







Everything on the car has been restored to the exact factory condition. However, this car comes with some incredible history and an awesome story.







The car even has a vanity plate which reads “DUG UP”. How perfect is that?





 
Neat story & a beautiful car. The Dino & XKE are some of my favorites.
 
What ever happened to the "Finders keepers" rule. The kids that found it got screwed! No offence but that neighbor hood doesn't look like Beverley Hills, I'm sure they could have used the money.
 
I think there was another one dug out too which had been buried for the same reason.


There's also a Video concerning the one in this post.

 
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What ever happened to the "Finders keepers" rule. The kids that found it got screwed! No offence but that neighbor hood doesn't look like Beverly Hills, I'm sure they could have used the money.

If the insurance company paid out on the car (which they did), it belonged to the insurance company and not the property owner or the kids that found it.
 
If the insurance company paid out on the car (which they did), it belonged to the insurance company and not the property owner or the kids that found it.

The interesting thing about this is I have spoken with A CHP Officer that does the inspection and verification on stolen and suspected stolen cars. He said it is the CHP policy to return the car to the last registered owner. They don't have record of what insurance company covers which cars and what payouts may have happened.

You hear the stories all the time "... owner gets car back that was stolen 30 years ago..."

He said its up to them to work it out, most cases it is never an issue. An insurance company hears about a car that might be worth something or they might have had paid out a large amount, they might just look into. That may be the case here.


Alan
 
The interesting thing about this is I have spoken with A CHP Officer that does the inspection and verification on stolen and suspected stolen cars. He said it is the CHP policy to return the car to the last registered owner. They don't have record of what insurance company covers which cars and what payouts may have happened.

You hear the stories all the time "... owner gets car back that was stolen 30 years ago..."

He said its up to them to work it out, most cases it is never an issue. An insurance company hears about a car that might be worth something or they might have had paid out a large amount, they might just look into. That may be the case here.


Alan

But the insurance companies DO have those records, and if they total the car as a complete loss as it was not found until a LOT later, they're still going to want the vehicle, in most cases. And a buried Ferrari is definitely going to catch the eye of insurance companies.
 
But the insurance companies DO have those records, and if they total the car as a complete loss as it was not found until a LOT later, they're still going to want the vehicle, in most cases. And a buried Ferrari is definitely going to catch the eye of insurance companies.


True, if they know about it. Nothing automatic here.


Alan
 
I hate insurance companies! You pay and pay and pay and get little or nothing in return. I've paid all my life, and touch wood,never had a claim. All I'm sayin is that they could've given the kids that found it a little stipend for recovering what they screwed up on. How could a car, get buried under ground, in a hole in someone's back yard and no one see it happen? Where is their investigative team? Shame on them! And screw them to boot!
 
I hate insurance companies! You pay and pay and pay and get little or nothing in return. I've paid all my life, and touch wood,never had a claim. All I'm sayin is that they could've given the kids that found it a little stipend for recovering what they screwed up on. How could a car, get buried under ground, in a hole in someone's back yard and no one see it happen? Where is their investigative team? Shame on them! And screw them to boot!
To true,There a bunch of thieving ,Bastardos
 
Still lucky. I chased other cars. I can't complain. I have some cool memories of the Dinos. We had a local pizza place & the owner had one. It was a little beat up with a big primer spot. We lived in a rural area & my Brother raced it out on the local express way with his King Cobra Mustang II. You know, the one with that macho 125 hp 302 v8. :). Anyways the Ferrari smoked the Mustang. When I was 20, I came across a $2000 Kelmark GT. A kit car that was copied off of the Dino. I put Opel GT tail lights in it. I cut up a couple Pontiac and Firebird emblems and spelled "F e r r a r i" on the deck lid. A friend gave me a Ferrari keychain which I cut up and made a front emblem for the car. We all had a blast with that thing.
 
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