Parts Catalog Accessories Catalog How To Articles Tech Forums
Call Pelican Parts at 888-280-7799
Shopping Cart Cart | Project List | Order Status | Help




Go Back   PeachParts Mercedes-Benz Forum > Regional Forums > Featured Cars

Reply
 
LinkBack Thread Tools Display Modes
  #1  
Old 06-07-2012, 05:40 PM
Administrator
 
Join Date: Sep 2011
Posts: 4,151
Lightbulb $4M "War Booty" Mercedes-Benz 500K belongs to heirs, court rules

Filed under: Classics, Auctions, Europe, Government/Legal, Mercedes-Benz, Luxury



World War II ended seven decades ago, yet some battles are still being fought. The latest concerns the true owner of a 1935 Mercedes-Benz 500K Roadster that was sold at last year's RM Monterey sale for $3.7 million. A German court has now ruled that the car is the property of the heirs of the wealthy German industrialist who originally purchased the car, according to Bloomberg.

Dutch collectors Franz van Haren and Tony Paalman bought the classic Mercedes at the California auction, but when they had it shipped to Techno Classica in Essen, Germany, this March, the car was seized by the local constabulary, according to Sports Car Market.

The Mercedes was bought new by Hans Prym in 1935 and owned by the so-called "Zipper King" until its disappearance in 1945, when Prym was sent to prison by the Allies. Prym's heirs charged that the car was stolen by American servicemen and shipped out of the country, according to Bloomberg. Under German law, the 30-year statute of limitations had not expired because the car was not in Germany. Indeed, nobody seems to know what happened to the car between the end of the war and the 1970s, when it "turned up in the collection of pioneer collector Russell Strauch," as the RM Auction listing stated.

While the Dutch collectors may no longer have their car, they may still be able to get their money back from the RM seller, according to Sports Car Market. Whether they'll employ this tactic or fight the German court's decision should prove interesting.$4M "War Booty" Mercedes-Benz 500K belongs to heirs, court rules originally appeared on Autoblog on Thu, 07 Jun 2012 17:29:00 EST. Please see our terms for use of feeds.



Permalink | Email this | Comments

More...
Autoblog
06-07-2012 06:29 PM
Reply With Quote
  #2  
Old 06-08-2012, 02:09 PM
Dee8go's Avatar
Senor User
 
Join Date: Apr 2006
Location: Arlington, VA
Posts: 7,189
I just read that story. Boy, what a let down, eh?
__________________
" The market, like the Lord, helps those who help themselves. But, unlike the Lord, the market does not forgive those who know not what they do."- Warren Buffett

OBK #55

1998 Lincoln Continental - Sold
Max 1984 300TD 285,000 miles - Sold
The Dee8gonator 1987 560SEC 196,000 miles - Sold
Orgasmatron - 2006 CLS500 25,000 miles
2002 C320 Wagon 113,000 miles
Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On




All times are GMT -4. The time now is 10:54 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2018 Pelican Parts, LLC - Posts may be archived for display on the Peach Parts or Pelican Parts Website -    DMCA Registered Agent Contact Page