Australian auction house Lloyds is auctioning 50 NFTs of classic ’70s Aussie muscle car the Holden Torana A9X.
These digital representations of the iconic race car will be minted on the blockchain and include an amazing high-resolution 3D model of the vehicle, among many other benefits.
The auction deadline is Saturday, December 18, at 8pm AEST.
The NFT car specifications have been verified by ICAARS (International Classic Automobile Authentication And Rating System) – Australia’s leading Classic Car verification company – as being the correct representation of the physical Holden Torana A9X first sold 44 years ago.
An ICAARS certificate of authenticity will be supplied to the winning bidder along with the additional benefits outlined above. The successful new custodian will also receive:
- 10 percent of every future sale of this classic car on Lloyds NFT Auctions;
- one year of half-price buyer’s premium or commission at Lloyds on any products purchased personally or by a company owned by the new custodian (fair use policy applies);
- 50,000 Lloyds Webber tokens for gifts, experiences and one-off events; and
- a framed picture of the A9X digital NFT.
According to Lee Hames, Lloyds’ chief operations officer, the auction house is proud to present first-edition classic car art NFTs as a blockchain world first. “It is important to note that people are not just buying a picture,” he said. “In our case the digital 3D model is a representation of the value. The value is in the utility of the benefits included in the NFT.”
50 More A9X NFTs Released Over the Coming Year
As a highly collectible Aussie muscle car the A9X has consistently held its value since its launch in 1977, and Lloyds has just announced the second of 52 non-fungible token (NFT) editions to be released over the coming year.
The A9X Holden Torana was designed and built to race, making its dream debut by winning the 1977 Hang Ten 400 at Sandown, Victoria, with champion driver the late Peter Brock at the wheel.
While the A9X lost its first Bathurst 1000 race in 1977 to Ford, it went on to dominate the following two seasons of touring car racing in Australia. In a show of its superiority, Brock and co-driver Jim Richards won the 1979 race by a record six laps, with Brock setting the touring-car lap record on the last lap.
Overall, a total of 65,977 LX Toranas – of which the A9X was the most famous iteration – were produced by Holden. In June this year, one fetched A$775,000 at auction after it was expected to go for at least a million dollars.
Bidders can email [email protected] for further information or check the NFTs FAQ page.
Earlier this year, Lloyds announced it would be accepting cryptocurrencies as payment to buy classic or collector cars.
In related news, German prestige car manufacturer Audi recently released its own NFT collection in collaboration with xNFT Protocol, a decentralised creation and aggregator platform for NFTs.
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