The Monarch is a classic though perhaps not the best looking of the Miles stable.Guess HP,s figures for a total rebuild aren,t far wide of the mark.I would guess for a complete rebuild/reglue to concours at a suitably qualified facility.
2000 man hours minimum @£25 per hour minimum=£50000
Gypsy major total rebuild £20000
materials minimum £10000
miscellaneous remanufacture of items like undercarriage say£10000
Theres £90k easy,and very possible to go way beyond.Of course if you wanted to , had the ability and could get an engineer to sign the work off big savings could be made in exchange for years of leisure time.Then again the restoration would lack the quodos of having been completed by one of the recognised names and would have to stand on its own excellence.I seem to recall seeing the the PFA had recently accepted a pre war restoration project of a wooden aircraft under their auspices which surprised me greatly presumably it was not eligible for a CofA. was it a Miles aircraft can anyone recollect??
