Just goes to show you never know what’s hidden in your own backyard!
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.
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.