The Gold Prince

In a Bank in Snyder, Texas there is a 24 Karat Gold DeLorean Car. I've never seen anything like it. The more questions I asked about it, the more I wanted to know. It can accelerate from zero to 60 mph in eight seconds without spinning the wheels and get an average 27 miles to each gallon of gasoline. Its stainless steel body is gold-plated. There are zero miles on the odometer. It has never had fuel in the tank. And it’s only one of two left like it in the world. The DeLorean car sits in a locked glass showcase in the lobby of the Snyder National Bank.

"They’ll credibly think I’m a damn fool. But let me say this: About seven years ago I bought a $4 gold piece for $15,000. Only 415 of the coins were minted. It’s worth $52,000 today," said Roger Mize, president of the Snyder National Bank. Mr. Mize said he desired purchasing the car would put Snyder on the map, and it appears to have done that." 

Jock Fearer, director of field performances for DeLorean Motor Co., Irvine CA., said they are the first and credibly the last gold plated cars to be developed by DeLorean Company. Mr. Mize has a hell of a collectors item. Mizes' car normally cost $25,000 in clad stainless steel, but he paid $85,000 for it in gold. When the gold car boosted on the cover of an American Express Christmas Catalog, Kate Owens, the bank secretary kidded Mr. Mize, saying that he should purchase it. Mize, walked over to a case where he kept his gold piece, thought about it and decided to purchase that car. Not only did he order the car, He did it Texas style. The whole enchilada went on his American Express card. Ten or 12 people appeared interested in buying the gold car from American Express. But only two put down the required $10,000 alluviation.