$3-Million R34 Skyline GT-R Collection Headed To Auction
The Ultimate R34 Skyline GT-R Collection
The craze continues as Broad Arrow's Concorso d'Eleganza Villa d'Este Auction will welcome what is possibly the "ultimate" Nissan R34 Skyline GT-R collection. Five cars, all of which are special, in a rare specification, and in elite condition, are expected to fetch more than $3,000,000 (€3,000,000 optimistic), according to the organizer's estimates. All of these vehicles are R34s, the last generation before a short hiatus that birthed the R35 GT-R. While we're sitting waiting for the R36, the R34's notoriety is as high as ever.
All of these cars are offered without reserve, and as a bonus, joining these vintage Nissan Skylines are a pair of Honda NSXs, an NA1 and an NA2, in Type S and Type R trims, respectively. Now bear with me as we take a walk through the history books, in order of estimated price.
1999 Nissan Skyline GT-R (Estimate $380,000 to $470,000)
A "no-spec" Nissan R34 Skyline GT-R might be worth something, but finished in the factory Midnight Purple II that features a color-shifting coat, and you have yourself a bona-fide collector's item. This particular example doesn't feature a spec and was registered in early 2000, but it's had no expense spared on its restoration. It's also the most heavily modified R34 of the bunch, and it makes over 690 horsepower from a stroked 2.8-liter version of Nissan's legendary RB26.
Modifications to this GT-R were done by Hosaka Tuning Factory, and it features a GReddy turbocharger, 18-inch Nismo LMGT4 wheels, a GT limited-slip differential, among plenty of other things. It's restored, ready for auction, and it's sure to be the most standout unit at the auction thanks to that delicious Midnight Purple II paint. It's run a total of 26,952.5 miles (43,376 kilometers), all of which are considered to be from long-term Japanese ownership.
2001 Nissan Skyline GT-R M-Spec (Estimate $530,000 to $704,000)
M-Spec stands for "mature" according to Nissan's GT-R Spec nomenclature. The M-Spec adopts a more grown-up approach to its specifications, with grand touring, comfort, and driving enjoyment at the top of its priorities when it was conceptualized by Nissan. What sets the M-Spec R34s apart from the rest of the lineup is its focus on grand-touring.
The M-Spec package is more than just leather seats; it also features heated front seats, special "Ripple Control"- tuned suspension dampers, and a special color. The other reason M-Specs fetch high values at auction is that only 366 examples were ever produced. This particular one is finished in the spec-exclusive Silica Brass, with a black leather interior package. Only 122 of 366 units in the R34 M-Spec production run were painted, Silica Brass.
Mileage figures for this example are 14,291.5 miles (23,000 kilometers), and they appear on an ultra-rare Nismo gauge cluster. It's been cared for throughout its 23-year ownership, making it appear to be a one-owner car.
2001 Nissan Skyline GT-R V-Spec II Nismo S-Tune (Estimate $590,000 to $820,000)
Alongside the M-Spec GT-Rs were the top-dogs, the V-Specs. As the lineup went, you were given three options: just go for it with the no-spec, go for maturity with the M-Spec, or go for victory with the V-Spec. However, if you wanted more, the Nismo Omori Factory had a few ideas.
The S-Tune was a program offered by Nismo for GT-R owners. This particular example started its life as a V-Spec for 1,878 miles (3,023 kilometers) before being handed over to the Nissan Omori Factory for an S-Tune Package. If you didn't know, the 'S' in S-Tune stands for Street. Nismo only officially converted 14 GT-Rs into S-Tunes, making this one of the rarest examples ever. Its pedigree is also well-documented, with complete papers signed off by the engineers at the Omori Factory.
What makes this particular example so special is its documentation, which reveals that it's the second-ever S-Tune to come out of the Nismo Omori Factory. When Nissan first launched the program, the Z-Tune was by far the more exclusive package available to owners, requiring screening and a ground-up rebuild.
Meanwhile, the S-Tune program was (ironically) more accessible, with its parts available from dealerships at the time. With that, we get 394 horsepower, a full catalog of Nismo parts, and documentation and new stampings that are logged and verified by Nissan themselves. This particular example was sold and driven for three years from 2001 to 2004, logging its first 1,878 miles, and then was submitted for an S-Tune conversion in 2004. From there, the vehicle logged an additional 6,820 miles (10,977 kilometers), as recorded by its odometer.
2002 Nissan Skyline GT-R CRS by Nismo (Estimate $820,000 to $1,000,000)
This is a Clubman Race Spec, otherwise known as CRS. Nismo launched this restoration program back in 2013, and it currently involves a screening process that has approved fewer than 20 GT-Rs for work at the Omori Factory.
According to its listing information and vehicle history, this GT-R was delivered to its owner in July 2022 and took a full year to complete its restoration. From the CRS program, it comes with Nismo Omori Factory-quality, a full top-down disassembly and rebuild from chassis to engine and interior, and pretty much every single Nismo part ever made for the R34 GT-R, including the carbon fiber bodywork.
The engine is a Nismo F-Sport R engine, a modern take on the RB26 that has been stroked up to 2.8 liters and produces 493 horsepower. On top of that are other parts, such as a Nismo sports radiator, an NE-1 muffler kit, and a set of Nismo dampers, which enhance its handling characteristics. The rest of the CRS package includes an R-Tune carbon fiber hood, forged aluminum Rays Engineering wheels, R35 GT-R Brembo brakes, and other Z-Tune body upgrades. There is also a Nismo instrument cluster with a working Multi-Function Display. The exterior is also finished in the exclusive Omori Factory color, Gunmetal.
Not Done Yet: Two NSXs
Apart from the GT-Rs, there are also two other Japanese legends joining the Skylines on the block, and that's a Honda NA-1 NSX Type-S and a Honda NA-2 NSX Type-R. The Type R will undoubtedly get a lot of attention at the auction, but we also can't deny that the Type S is a rare breed of NSX with only 209 units ever produced. It's finished in Honda's Monte Carlo Blue paint and comes with a titanium exhaust, allowing its 3.2-liter V6 to sing as it rows through its six-speed manual gearbox.
The NSX-R is definitely rarer, with only 140 units produced by Honda, and it's finished in Championship White, along with a red Alcantara-clad interior. What makes this particular unit so special is that it underwent Honda's NSX Refresh Plan in 2023.
All of these cars will be presented at Broad Arrow's Concorso d'Eleganza Villa d'Este Auction happening from May 16 to 17, 2026, at Lake Como.
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This story was originally published May 2, 2026 at 7:45 AM.