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Coys Back in Business, email received this morning
#1
[Image: 1bdaff6a-e56e-4500-b582-b5ce7c1c39e2.jpg]
Acquisition of Coys of Kensington announced. 
Coys of Kensington, one of the classic car world’s best-known dealers and auction houses, changes hands for the first time in over 20 years. 
I am delighted to share with you the news of the acquisition of Coys of Kensington by the family office of the Calleri family, run by Richard Calleri and advised by his father Antonio Calleri. 

Now 102 years old, Coys of Kensington remains front of mind in the classic car world, having been restructured and recapitalised with a new board of directors and an additional advisory board.

We will strive to provide a more streamlined and customer-orientated service to global classic car enthusiasts, focusing on our core business areas of private sales, brokerage services, valuations, live auctions and events.

Our West London showrooms are currently undergoing refurbishment and will reopen shortly to visitors. To learn more read the full announcement on our new website. 

For friendly informal advice from our specialists, please feel free to call on +44 (0)20 8614 7888, or send an email to auctions@coys.co.uk

I look forward to welcoming you back to Coys of Kensington. 

Yours sincerely,
Nick Wells
Managing Director | Coys of Kensington 


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#2
Beware!

https://www.pistonheads.com/gassing/topi...&t=1866259
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#3
(15-01-2021, 01:49 PM)austin Wrote: Beware!

https://www.pistonheads.com/gassing/topi...&t=1866259

I cannot comprehend the lack of judgment of the new owners by appointing Nick Wells, Managing Director and part partner knowing very well that he worked at Coys before the trouble and it was on his watch that they went into bankruptcy. 

I will never put a car for sale with them they've harmed a lot of people too many time.
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#4
This makes interesting reading:

https://www.prewarcar.com/the-crooks-of-...-beginning
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#5
It's not even April 1st!
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#6
I struggled to read the report due to the disjointed writing style and strange grammar, nevertheless, it looks very much like Coys has been run by gangsters for some time. I think they will struggle to revive any reputation they had.
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#7
That would be the tricky part. It takes years to build a reputation, but you can lose one overnight...
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#8
If there is one thing this outfit needs, it's luck. It's a bit like resurrecting the Titanic and making a repeat voyage though the ice fields to see if the same thing happens again. Tickets on sale now! Buy before it's too late! Discount for early buyers!

A typical case? Sober reading: https://www.prewarcar.com/upload/user/fi...202019.pdf
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#9
As I said before when I first received their email
I could not comprehend the lack of judgment of the new owners by appointing Nick Wells, Managing Director and part partner knowing very well that he worked at Coys before the trouble and it was on his watch that they went into bankruptcy.
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#10
I can speak from experiance when I sold Quite an expensive car through coys about three years before they went under.I was told that payment for the car would be with me within ten days,that turned into six weeks and after one of my phone calls to them witch was one of many they gave me that classic old excuse that the cheque must be lost in the post!!!, but I did get paid eventually unlike some I suspect regards to allRob.
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