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    2005 Saleen S7 Twin Turbo: $682k

    Price Beater: Derelict 356A Speedster Brings $538k?!

    Gray Market Yields Green: ’72 BMW 3.0 CSL Pulls $187k

    Japanese Icon: ’73 Nissan Skyline GT-R ‘Kenmeri’ — $176k

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    Over 200 cars that sold at auction covered in every issue of SCM. Our market reports include detailed information about the vehicle, including VIN, condition, options, and expert analysis from SCM's auction reporters.

    SCM Platinum is the largest database of collector cars sold at auction. Over 150,000 vehicles, including over 59,000 with detailed write-ups from our auction reporters.

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  • Glovebox Notes

    SCM doesn't just cover collector cars. Every week, SCM reviews a brand new car online and in our newsletters, and there are new reviews every month in the magazine. Thinking of buying a new car? Check out our reviews!

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  • Insider’s Guide to Concours d’Elegance

    The 2014 guide includes a calendar of events and detailed descriptions of 21 featured concours.

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Recent Blog Posts

  • The Best First Sports Car +

    This is a question that comes up all the time. Sometimes I'm asked, "What's the best first Alfa Romeo or Ferrari?" Other times it is just, "I'm thinking of getting into vintage sports cars. Which one would I have the most fun with?" There are many layers to these types Read More
  • Honda Knows How to Make a Commercial +

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  • Bidding and Touring With One Good Arm +

    Mitch Silver was ready for me last Saturday at the Portland Expo Center. I asked if I could have a left-arm bidder's paddle, and he said yes. Tuesday I'd had rotator-cuff surgery, and my right arm was in a sling. That wasn't going to stop me from seeing if the Read More
  • Not Having a Good Day +

    (function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = "//connect.facebook.net/en_US/sdk.js#xfbml=1&version=v2.3"; fjs.parentNode.insertBefore(js, fjs);}(document, 'script', 'facebook-jssdk'));He got fired later that dayMore videos? LIKE >> ZOO WeeklyPosted by ZOO Weekly on Tuesday, January 20, 2015 Read More
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    Fall is here. It's time to start shuffling the SCM cars around, putting the convertibles away for the winter and making sure the coupes and sedans are ready to go. Here's a quick look at the status of the cars in the SCM fleet: The 1965 Alfa Romeo Giulia Spider Veloce (pictured Read More
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Collector Car News

  • Keno Brothers Bring 1969 Ferrari 365 GTB/4 N.A.R.T. Daytona Coupe to Market +

    Leigh and Leslie Keno bring a 1969 Ferrari 365 GTB/4 Daytona N.A.R.T. competizione coupe to market at Rolling Sculpture — the brothers' first classic car auction, taking place November 18–19 in New York City. View all the current consignments here. Over the past 40 years, Leigh and Leslie Keno have gained worldwide Read More
  • Greenwich Concours Founder Bruce Wennerstrom Has Died +

    Bruce Wennerstrom, Co-founder and Chairman of the Greenwich Concours d’Elegance, died on Wednesday, September 30, 2015. Bruce and his wife Genia, who died in 2011, were the owners and directors of the Madison Avenue Sports Car Driving and Chowder Society, a club of automobile enthusiasts established in 1957 that meets monthly at Read More
  • Join SCM on an Urban Safari +

    Come explore Portland's unpaved streets and alleys with SCM on October 25. The Urban Safari is limited to off-road vehicles of European descent. Team SCM will be driving the Safari Méhari! Sign up here. Read More
  • Bonhams' Frederiksen Collection Sale Totals $21m +

    Bonhams' September 26 Frederiksen Collection sale in Denmark was the country's highest-grossing auction ever. Sales totaled $21.1m, and 43 of 49 cars sold (88%). At $2.7m, 1930 Duesenberg Model J Disappearing Top Roadster was the most valuable car ever sold at auction in Denmark. View the results here. Read More
  • Barrett-Jackson Announces New Northeast Auction at Mohegan Sun +

    Barrett-Jackson will host a new auction in the Northeastern United States at Mohegan Sun in Uncasville, Connecticut, June 23-25, 2016. Mohegan Sun, one of the most spectacular entertainment, gaming, dining and shopping destinations in North America, will host the three-day collector car auction and lifestyle event for visitors from around Read More
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This car-serial number 13-is the oldest known Cadillac. It was one of three displayed at the New York Automobile Show in January 1903

Founded by Henry Leland and Robert Faulconer, the Cadillac Automobile Company of Detroit completed its first car in October 1902. The firm's superior manufacturing technology-precise gear cutting was Leland and Faulconer's specialty-soon established it as the foremost builder of quality cars in the United States. The company was formed using funds supplied by two of Henry Ford's ex-backers and took its name from Le Sieur Antoine de la Mothe Cadillac, the great French 17th century explorer who founded Detroit in 1701.

The 1903 Cadillac Runabout Rear-Entrance Tonneau offered here, serial number 13, is the oldest known surviving Cadillac. It was one of three displayed at the New York Automobile Show in January 1903, the others being numbers 10 and 11.

An excellent performer by the standards of the day, the Cadillac's 98-ci, single-cylinder engine ("Little Hercules") was mounted on the left beneath the front seat and drove through a two-speed-plus-reverse planetary transmission by chain drive to the rear axle.

This Cadillac Runabout was bought by the owner of the Thomas Winery in Cucamonga, CA, where it was displayed until February 1973. At that point it was sold and in 1985 was restored by Herman Stoebel, now deceased. A complete photographic record was made of the restoration, illustrating the various differences-some obvious, some less so-that distinguish the earliest examples from the later production models of 1903. The most obvious differences are the protruding radiator on the earliest cars and the completely different body panel below the first entrance. It is believed that the early radiators were changed after about 25 cars had been made.

The three cars displayed at the 1903 New York Auto Show were the first Cadillacs shown to the public and the first ever sold. As the sole survivor of these pioneers, 13 is a vehicle of exceptional importance in the history of the American automobile industry. Quite simply, the Cadillac story started here.

{analysis}{auto}992{/auto} This 1903 Cadillac Runabout Rear-Entrance Tonneau sold for $330,000, including buyer's premium, at the Bonhams & Butterfields auction at The Quail Lodge in Carmel Valley on August 17, 2007.

William Metzger was the driving force behind the first auto show in Detroit in 1899, and he was a convincing promoter. He was provided with two or possibly three Cadillacs, which had been produced at the Leland & Faulconer factory, for display at the 1903 New York Auto Show. He declared the Cadillac "sold out" after accepting as many as 2,286 orders (accounts of the total vary)-each with a $10 deposit. Backing up Metzger's promotional abilities was a Cadillac that offered refinement in an era when many cars looked like a machine shop experiment. The four-passenger model sold for $850, while the single-seater cost $750, a very competitive price in the era.

Pat Herman recalls seeing the 1903 Cadillac at the Thomas Winery in the early 1960s, and was able to purchase the car ten years later. By then the winery had been sold, and the Cadillac was stored in a garage full of old refrigerators and washing machines. The 1903 Cadillac Runabout was missing numerous parts and showed the ravages of time, so the restoration, which was completed in 1989, was not a simple process. Several sources state that there were 2,497 Cadillacs produced in 1903. However, more recent research suggests the number is closer to 1,800, with the others actually being produced the following year.

Brass cars attracting more interest

Early brass cars-those built before 1915-have attracted increasing interest of late. Once thought to be relics from our fathers, or in some cases our grandfathers, they are appealing to a new generation of hobbyists who find them mechanically interesting and intriguing to drive. The Horseless Carriage Club of America has regional groups in 30 states and sponsors tours and other activities. Their national tour, "California Dreamin'," is scheduled for June 2008. The 111th London to Brighton Veteran Car Run, which this year features American automobiles built prior to 1905, attracts hundreds of entrants and thousands of spectators. In addition, John Mozart, a California collector and SCMer, sponsors a well-attended annual Brass Era Tour in the Paso Robles area, so there is no end to the activities available.

The value of Brass Era cars has been steadily increasing. A couple of years ago, 1903 Cadillac Model As were selling for $60,000-$70,000. Now they are bringing twice that much at auction. About a year ago, a friend sold a 1903 Cadillac similar to number 13 (but with an engine number that would indicate it was manufactured in 1904) for less than $100,000 and was pleased with the transaction.

This 1903 Cadillac Runabout Rear-Entrance Tonneau is significant for a number of reasons. It had one owner for over 75 years, it's the first Cadillac shipped to a customer, the first car shipped west of the Mississippi, and the oldest documented surviving Cadillac. Does that increase the value of this car by $150,000 and justify this sales price? I think it does. {/analysis}

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