Want to read this issue? To get started, subscribe here, or sign in!

Search This Issue

Page -1

Sports CarMarket 1955 Ferrari 121 LM 1989 Porsche Speedster, $58k $26m in Sales Reported Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends Evil-Handling Notoriously Unreliable $3.5m $227k eBay barn find— '63 Pontiac Super Duty Why pay sales tax? Legal ways to avoid the taxman James Bond's Lotus— Submersible Esprit makes $165k

Page 2

Sports CarMarket Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends March 2009 . Volume 21 . Number 3 40 Esprit: The collector who loved it 50 121 LM 44 Merak SS: Bora lite IN-DEPTH PROFILES What You Need To Know FERRARI 36 1998 Ferrari F355 Challenge—$54,696 A retired series racer for the casual track day warrior. Steve Ahlgrim ENGLISH 40 1976 Lotus Esprit S1—$165,020 007 provenance boosts the price by factor of eleven. Paul Hardiman ETCETERINI 44 1977 Maserati Merak SS—$31,900 It's not a V8, but it is a collector car bargain. Donald Osborne GERMAN 46 1989 Porsche 911 Carrera Speedster—$57,572 Instant collectible it wasn't, but it sure looks cool. Rob Sass AMERICAN 48 1963 Pontiac Tempest LeMans Super Duty—$226,521.63 One man's junk is another man's rare factory racer. Thomas Glatch RACE 50 1955 Ferrari 121 LM Spyder Corsa—$3,544,796 A Ferrari six-pot with stories to tell. Thor Thorson GLOBAL AUCTION COVERAGE 156 Cars Examined and Rated at Eight Sales BONHAMS 54 Gstaad, CHE: Ferraris and other notable Italians total $7.3m at the Palace Hotel. Jérôme Hardy MCCORMICK 64 Palm Springs: Sunny desert skies help to move $4.8m in cars at McCormick's 45th auction. Carl Bomstead BONHAMS 74 London, UK: James Bond's submersible Esprit makes $165k during a $3.8m day. Paul Hardiman AUCTIONS AMERICA 80 Raleigh, NC: $4.9m in sales at the Raleigh Classic, led by a 1946 Buick Roadmaster at $116k. Chip Lamb BONHAMS & GOODMAN 88 Sydney, AUS: Jim Clark's world-beating Lotus 25 makes $988k at this $3.3m sale of the Dawson-Damer Collection. Chris Bowden RM AUCTIONS 92 Toronto, CAN: 179 cars bring $2.2m at the Toronto Fall Classic. Norm Mort EBAY MOTORS 100 Fill 'er up, light 'em up. Geoff Archer Cover photograph: Bonhams www.007magazine.co.uk

Page 4

28 Deutsch-Bonnet: 750 cc of salty speed COLUMNS 8 Shifting Gears Collector cars: A day in the country Keith Martin 24 Affordable Classic Jaguar XJ6—the last regal Jaguar sedan Rob Sass 26 Legal Files Beating the taxman... legally John Draneas 38 Sheehan Speaks Keeping track of America's Ferraris Michael Sheehan 42 English Patient 100S still leads the A-H pack Reid Trummel 102 Bike Buys Bohemian rhapsody on two wheels John L. Stein 114 eWatch Classic tire signs roll on Carl Bomstead FEATURES 28 Bonneville: Another victory for DéBé 30 Fairfield Concours: In the land of elite collectors 32 Sunriver: A regional concours climbs the ladder 34 Hilton Head: An elegant end to the show season DEPARTMENTS 10 Crossing the Block / Auction Calendar 12 The Inside Line 14 Contributors 16 You Write, We Read 18 Display Advertisers Index 20 Neat Stuff 22 In Miniature 22 Book Review 58 Alfa Bits 76 Our Cars: 1940 Nash Ambassador Six convertible 90 Glovebox Notes: 2009 Suzuki Grand Vitara XSport V6; 2009 Mazda CX-7 Grand Touring AWD 101 Fresh Meat: 2007 Lamborghini Gallardo Spyder, 2007 Lamborghini Murcielago LP640 Spyder, 2004 Lamborghini Gallardo 104 Mystery Photo 104 Comments with Your Renewal 106 Showcase Gallery 110 Resource Directory Photo by Harold Pace

Page 6

Shifting Gears Keith Martin One Fine Day the 2000 Boxster S. SCM Legal Analyst John Draneas and wife Carlyn fired up their Lotus Elise (or would have had it actually started; more about that later), and CM Contributor Michael Pierce and his significant other Linda unleashed their 5-speed Dinantuned 1988 BMW 7-series. Our goal was a boutique wine- S making facility, the Carlton Wine Studio, in Carlton Oregon—in the heart of Oregon's Pinot Noir country, about 40 miles from SCM world headquarters. While the supposed intent of the trip was to taste wine, in fact we New car, same old tricks all were suffering from sports car cabin fever, and this provided a convenient excuse to exercise our cars. Wendie and I had good friends Rolf and Tamera Agather joining us from Lake Tapps, Washington, near Seattle—the Boxster was an invigorating change from the Suburban they had driven down in. I drove the Alfa the whole day, and it was both better and worse than I remembered from the fall. I'm a stickler for making things work, but as I drive the Alfa so infrequently during the winter, when small things go awry, I tend to ignore them. Then when I revisit the car, there is generally one more thing that needs attention than there was the last time I was in it. All of the items are niggling, but in total they make me a little crazy. The day/night switch on the rearview mirror has been broken since July, so the mirror flips back and forth, creating a kinescopic view of the world behind me. The front disc brakes have been spongy for months, requiring a very un-Alfalike mashing of the pedal to get the car stopped. Somewhere along the way I lost the cigarette lighter, so now I've got an empty socket in the dash reminding me, constantly, of my slothfulness. The black plastic knob has fallen off the passenger-side window winder; it, along with the metal backing, are somewhere under the seat, along with the cigarette lighter, I hope. But window winding is now a chore. The convertible top has never fit right, and now it seems to be worse: I can see daylight between the front lip of the top and the windshield frame. And there is an annoying buzzing vibration through the throttle linkage under deceleration. Conrad Stevenson, who put this car together for me, told me that disconnecting the (unneeded) choke and fast-idle cables generally cures this, but not on my car. Of course, cold air still rushes into the car from the misaligned front door, and the seats need to be restuffed. Your bottom is really resting directly on the floorboard of the car, which offers about as much comfort as a racing bicycle seat. Do I sound like a whiner yet? What's right with this picture? On the plus side, the freshly rebuilt engine now has about 2,000 miles on it, so it pulls strongly to redline and beyond. The gearbox is slick, and the substitution of a later, 105-series shift lever has removed the vibration that plagues the earlier, two-piece 101-series levers. Local guru Dave Rugh contributed a set of street/competition springs, lowering the car slightly and giving it much better grip through the turns, without compromising the essential nature of the car the way that bigger sway bars can. So as we went out State Highway 240, through the high-speed turns, the driveline and suspension of the Alfa delivered far beyond what you 8 ometimes you just need a break. So last Saturday, we pulled out the 1965 Alfa Giulia Spider Veloce and might expect from any 43-year-old car. Each time I get in the car, I am reminded just how reflective of 1960s automotive history it is, yet it still works as a car today, hustling down the freeway at 80 mph, with some warmth and weather protection and a trunk big enough for two cases of wine. Its exhaust note reminds me of every Alfa I've ever driven, from 1968 to the present. The Boxster S now has 82,000 miles on it; we've put 7,000 miles on during the last few months. It continues to need nothing. A tribute to how well built cars are today, it drinks no oil, sips just a modicum of gas, and with heated seats, an iPod adapter for the stereo, a power top, and cruise control, it's almost a luxury cruiser. By sports car standards, anyhow. I continue to marvel each time I see a Lotus Elise. After all the years of unreliable, overpriced, origami-styled cars, Lotus got it exactly right with the Elise. Light, fast, and affordable, as well as being striking in appearance, Draneas's car is nearly the perfect pocket rocket. Nearly perfect, in that for some reason his car seems to enjoy refusing to start. Last summer, at the Sunriver Festival of Cars, his Elise also had a starting problem, but that was because the battery in his remote had gone dead. And if the remote isn't functional, you can't disable the alarm or enable engine starting. Good thinking, Lotus. This time, the remote was fine, but when the start button was pushed, the engine made a clackclack-clack sound like a crow smacking its beak. Push-starting it became our group calisthenic for the day. There will always be a strand of Lucas buried in the DNA of Lotus. I don't have much to say about Pierce's thundering BMW, except to say that it was nice to see a right-sized 7-series, with no pretentious bustle-butt hanging off its rear, hustling down the road at indecent speeds. The featured tasting of the day was of a limited-production Retour Pinot Noir. At $65 a bottle, it needed to be superior. And it was. But even better was a chance to get back behind the wheel of a variety of cars, old and new, and remind ourselves of just why we do what we do for a living. To borrow from the Chiffons, it was one fine day. SCM: Digital for all Beginning with this issue, every subscriber to SCM will be able to read a digital issue of the magazine as well as a print one. There will be no additional charge for this. You will be emailed a link to the digital issue around the first of each month, up to five days before the print version arrives in your mailbox. (Premium subscription Platinum members will get their digital issues ten days earlier.) Getting set up to receive your subscription is simple. If you have not created your “My SCM” free account, go to www.sportscarmarket.com/ myscm and you will arrive at the “Create an Account” page. If you have any questions, please send them to helpdesk@sportscarmarket.com. In addition to allowing you to take your SCM on the road with you on your laptop or iPhone, every single advertisement in SCM will have a hyperlink to the advertiser's web site. So if there's an auction or widget you're particularly interested in, just click on the advert and you'll find yourself on the relevant site. The world of information delivery continues to evolve, and here at SCM we will continue to evolve with it, to provide you with top-flight, accurate market information, in whichever ways you elect to receive it. ♦ Sports Car Market Carlyn Draneas

Page 8

Crossing the Block Jim Pickering For more information about events marked with (*), see our exclusive 3rd Annual Insider's Guide to the Florida Auctions and Mustangs to well-restored big-block Chevelles and Road Runners. Leake Auctions—San Antonio 2009 Where: San Antonio, TX When: March 21 More: www.leakecarauction.com Leake Auctions will again Brightwells—1933 Lagonda 16/80 tourer Bonhams—Collectors' Motor Cars & Automobilia Where: Oxford, UK When: March 8 More: www.bonhams.com Bonhams's 2009 U.K. season opener will take place at the company's new Oxford Regional Saleroom, an ex-Mercedes-Benz dealership that will provide plenty of space for a large number of vehicles. Expect a good assortment of both high-end and driver-quality collectibles to suit a variety of tastes. H&H—Race Retro Where: Stoneleigh Park, UK When: March 14 More: www.classic-auctions.com After serving as a founding sponsor of the event, H&H has returned to the position of official auction partner to Race Retro for 2009. Featured this year is a 1918 Minerva Type NN Special, a 1954 Arnolt Bristol Bolide rumored to have raced in the SCCA in Oklahoma during the 1960s, and a 1995 Aston Martin DB7 fitted with 24ct gold leaf on its hood, trunk lid, roof, and dash. RM Auctions— Automobiles of Amelia Island* Where: Amelia Island, FL When: March 14 More: www.rmauctions.com Last year: 96/105 cars sold / $16.7m The oceanfront lawn of the Amelia Island Ritz-Carlton will again serve as backdrop for RM at this annual Florida staple, held in conjunction with the Amelia Island Concours d'Elegance. 10 Highlights of this year's sale include a 1954 Packard PantherDaytona roadster concept car, a 1941 Chrysler Newport concept that paced the 1941 Indianapolis 500, and a 1911 Oldsmobile Autocrat racer known as the “Yellow Peril.” Brightwells—Classic Cars, Motorcycles, & Automobilia Where: Herefordshire, UK When: March 18 More: www.brightwells.com This mid-March event at Easters Court is a great place to find both mid-range and upscale driver-quality consignments. The sale will feature a 1933 Lagonda 16/80 tourer estimated to bring between $85k and $92k, as well as a 1933 MG J2 roadster valued at between $23k and $31k. Mecum Auctions— Kansas City High Performance Auction Where: Kansas City, MO When: March 20–21 More: www.mecumauction.com It's no secret that Mecum specializes in American muscle, and plenty will be available at this all-new auction inside the Kemper Arena. Expect the consignment list to include everything from driver-level GTOs Auction Calendar All dates listed are current at time of publication. Contact information for most auction companies may be found in the Resource Directory at the back of this issue. Please confirm dates and locations before attending any event. Email auction info to: jim.pickering@sportscarmarket.com. FEBRUARY 6-8—RM Fort Lauderdale, FL 7—BONHAMS Paris, FRA 8—ARTCURIAL Paris, FRA 9—SHANNONS Sydney, AUS 9-10—BARONS Surrey, UK 13-14—KRUSE Honolulu, HI 20-21—LEAKE Oklahoma City, OK 20-22—MCCORMICK Palm Springs, CA 26-MAR 1—G. POTTER KING Atlantic City, NJ 27-28—KRUSE Tucson, AZ MARCH 6-7—KRUSE San Diego, CA 7—CHEFFINS Bristol, UK 8—BONHAMS Oxford, UK 9—SHANNONS Melbourne, AUS 14-15—ICA Gilbert, AZ 15—H&H Coventry, UK 14—RM Amelia Island, FL 18—BRIGHTWELLS Herefordshire, UK 20-21—KRUSE Las Vegas, NV 20-21—MECUM Kansas City, MO 21—LEAKE San Antonio, TX 21—SILVER Seattle, WA 23-24—BARONS Surrey, UK 27-28—KRUSE Daytona Beach, FL APRIL 3-4—KRUSE Schaumburg, IL 3-4—WORLDWIDE Escondido, CA 3-5—RM Toronto, CAN 5—BONHAMS & GOODMAN Sydney, AUS 9-11—BARRETTJACKSON West Palm Beach, FL 16—H&H Buxton, UK 17-18—COX Branson, MO 17-19—KRUSE Palm Beach, FL 20—BONHAMS Hendon, UK 23-24—CARLISLE Carlisle, PA 25—CHEFFINS Cambridge, UK 25-26—RM Novi, MI 26—BONHAMS Stafford, UK 27-28—BARONS Surrey, UK team up with Dan Kruse Classics for this first-time San Antonio event at the Alamodome. Over 300 collector cars are expected to cross the block, with two rings of cars being auctioned simultaneously. November's sale in Dallas saw a significant number of consignments sell at under $25k, which makes this a great place to go for an affordable addition to your garage. Daytona Classic Car Auction* Where: Daytona Beach, FL Vicari Auctions— When: March 27–28 More: www.vicarimotorsports.com Muscle cars and hot rods will headline this second annual event at the Daytona International Speedway, held alongside the Daytona Beach Car Show and Swap Meet. This is the second largest event of its kind in Florida, and with a car show and car corral running in conjunction with the swapmeet and auction, there should be something to interest even the most selective gearhead. ♦ Sports Car Market

Page 10

Inside Line Stefan Lombard Send news and event listings to insideline@sportscarmarket.com. Valley Region of the Porsche Club of America. The club is celebrating its 50th year and has over 1,900 members. Osborne will discuss the state of the European collector car market, then host a Q & A session with club members. Sources tell us that Osborne is going to agree to allow 914, 924, and Cayenne owners to sit with the 911 owners, at least for his address. (CT) News ■ Bee Automobiles Ltd. has Jennifer and Keelin SCM News ■ SCM is pleased to announce the arrival of Keelin Mason Shockley, born December 11 to Subscription Coordinator Jennifer DavisShockley and husband Craig. Little Keelin came off the assembly line at 1:43 am with a curb weight of 7 lb 8 oz and a wheelbase of 19.5 inches. Styling is very reminiscent of her father, and she is the couple's first child. ■ On March 10, at Automobile Associates of Canton, Connecticut, SCM Contributing Editor Donald Osborne will be a guest speaker at the Connecticut constructed a new electric car as part of the revival of storied British marque BRM. The car, dubbed the BRM Bee Four ERV, has been unveiled to help commemorate the 60th anniversary of BRM in 2009. The 700-hp, zero-emissions racer will participate in the British Speed Hillclimb Championship in 2010. Events ■ The 14th annual Amelia Island Concours d'Elegance will take place March 13–15, and attendees can expect a weekend jam-packed with special programs. Racing greats Parnelli Jones, Bobby Unser, Jim Rathmann, and five other Indy 500 winners will gather for “The Great Roadster Drivers,” a seminar to discuss the days of front-engine racing in America, as well as two significant motor- sports events of 1959—the first U.S. Grand Prix, held at Sebring, and the only Indy Car race ever held at the Daytona Speedway. Noted automobile historian and author Ken Gross will moderate a panel entitled “The Great Customizers,” which will include some greats indeed—Chip Foose, George Barris, Dean Jeffries, Darryl Starbird, and Steve Pasteiner. On the lawn, veteran racer and current Speed Channel commentator David Hobbs will serve as concours honoree. He will oversee a dynamic gathering of vintage machinery, headlined by the elegant coachwork of Bohman & Schwartz. One such car will be the Phantom Corsair, a pioneering streamlined design of the late 1930s, which will make a rare public appearance. SCM Publisher Martin will be there, as will SCM staff at the SCM booth; stop by and say hello. Tickets for the seminars start at $20, while concours tickets are $45 for adults, $20 for students. Visit www.ameliaconcours.org for more. (FL) ■ Race Retro, Britain's International Historic Motorsport show, returns from March 13 to 15 at Stoneleigh Park in Coventry. The show is the largest winter event of its kind and features 400 exhibitors over four halls, as well as live racing events both indoors and out. Event Calendar Feb. 28-Mar 1—Desert Classic Concours (CA) www.desertconcours.com 5-15—Geneva Motor Show (CHE) www.salon-auto.ch/en 8—Queen's English British Car Meet (CA) www.queens-english.org 13-15—Amelia Island Concours (FL) www.ameliaconcours.org 13-15—Coppa Milano-Sanremo (ITA) www.milano-sanremo.it 13-15—Race Retro (UK) www.raceretro.com 15-18—AACA Western Tour (CA) www.aaca.org 18-21—12 Hours of Sebring (FL) www.americanlemans.com 27-29—Legends of Riverside Film Festival (CA) www.legendsofriverside.com 28-29—Oldtimer & Teilemarkt (CHE) www.oldtimer-teilemarkt.com 31-Apr. 5—Vancouver Int'l Auto Show (CAN) www.vancouverinternationalautoshow.com Amelia Island returns with a loaded schedule 12 Sports Car Market Aston Martin is the featured marque, with special emphasis on the company's 1959 World Sports Car Championship. Mini will also be honored for its 50 years on the motorsport world stage. H&H will host an auction alongside the show on the 15th. Tickets start at $22 for adults, $7.50 for kids. Visit www.raceretro.com for more. (UK) ■ The Legends of Riverside Racing Film Festival and Gala runs from March 27 to 29 at the Riverside International Automotive Museum. The festival will screen notable gearhead flicks such as “Death Race 2000,” “Thunder Road,” and “The Big Wheel,” as well as automotive and motorsport documentaries. Special luncheons and dinners, a Cannonball Run Roundtable, a CanAm and F5000 display, a tribute to Paul Newman, and many other events round out the weekend. Tickets are limited and start at $199, all inclusive. Visit www.legendsofriverside.com for more. (C A) ♦

Page 12

SCM Contributors Sports Car Market STEVE AHLGRIM has been a car guy since he raced his first quarter midget at age 10. A 17-year stint with the former Atlanta Ferrari dealership, FAF Motorcars, gave him the background for a career in the Ferrari business and now he manages a Ferrari parts house, consults on Ferraris, and brokers a few cars. He has been involved in concours judging for more than 20 years and is Chief Judge of the Celebration Exotic Car Festival. To be sure, the Ahlgrims are a Ferrari family; his wife Chris is Membership Services and Advertising Director for the Ferrari Club of America, Steve is Vice President, and their son, Alex, is a judge. Ahlgrim is an SCM regular, and this month he gives us his two cents on a 1998 Ferrari F355 Challenge racer. You'll find it on p. 36. JOHN DRANEAS is a past president of the Oregon region of the Porsche Club of America, and served as the Chairman of its 2006 Parade. He is one of the founders of Friends of PIR, a non-profit formed to keep Portland International Raceway from becoming an industrial development, and he races a Spec Racer Ford in the highly competitive SCCA series, where he is a consistent top-10 finisher. Draneas practices law near Portland, Oregon, where his primary focus areas are tax and estate planning, business organizations and transactions, and representation of collector car owners. In addition to his regular “Legal Files” column on p. 26, which this month tackles sales taxes, he also gives us the scoop on the Sunriver Festival of Cars. That story appears on p. 32. RAYMOND MILO was born in 1938 in Serbia, and as the only male child in the family, he spent the duration of WWII dressed as a girl. He eventually studied mathematics at the Sorbonne and sculpture at Academie Raymond Duncan, but was more interested in sports cars, girls, and jazz. He came to America in 1956, joined the Chicagoland Sports Car Club, and raced his various British mounts in local races. In 1989, he discovered the Alfa Romeo Market Letter, and has been a contributor ever since. Today he is the “CEO and chief sanitation engineer” of BB One Exports, specializing in oddball exotics. SCM relies on him to comment on such cars, and this month on p. 28 he recounts the story of a very fast Deutsch-Bonnet. REID TRUMMEL is editor-publisher of Healey Marque magazine, the official publication of the Austin-Healey Club of America (www .healeyclub.org). He taught himself to drive a stick in a hand-me-down 1962 Giulietta Spider and soon bought a Healey 3000. He fell down that slippery slope of affection for British cars and his fate was sealed. He currently owns three 1956 Healeys—a 100M, a 100 with the Le Mans kit, and a Healey Ski-Master (yes, Donald Healey made boats, too.) Trummel is Chairman of the Northwest Classic Rally and the Columbia Gorge Classic Rally & Tour. He considers himself selfunemployed, and with no visible means of support, he makes his home in Portland, Oregon. On p. 42, you can read his first contribution to SCM, a brief history of the Healey 100S. 14 Publisher Keith Martin keith.martin@sportscarmarket.com; 503.261.0555 x 210 Art Director Kirsten Onoday kirsten.onoday@sportscarmarket.com; 503.261.0555 x 202 Executive Editor Paul Duchene paul.duchene@sportscarmarket.com; 503.261.0555 x 206 Managing Editor Stefan Lombard stefan.lombard@sportscarmarket.com; 503.261.0555 x 203 Auction Editor Jim Pickering jim.pickering@sportscarmarket.com; 503.261.0555 x 208 Copy Editors Yael Abel, Kristen Hall-Geisler, Bill Neill Senior Auction Analysts B. Mitchell Carlson, Carl Bomstead Auction Analysts John Clucas (Australia), Daniel Grunwald, Paul Hardiman (Europe), Jérôme Hardy (Europe), Chip Lamb, Norm Mort (Canada), Dale Novak, Phil Skinner Contributing Editors Steve Ahlgrim (Ferrari), Gary Anderson (English), Colin Comer (Muscle Cars), John Draneas (Legal), Donald Osborne (Etceterini), Jim Schrager (Porsche), Michael Sheehan (Ferrari), Thor Thorson (Race Cars) Contributors John Apen, Diane Brandon, Marshall Buck, Miles Collier, Martin Emmison, Paul Hardiman, Simon Kidston, Raymond Milo, Rob Sass, Steve Serio Senior Web Developer Jerrett Kinsman jerrett.kinsman@sportscarmarket.com; 503.261.0555 x 212 Information Technology/Internet Bryan Wolfe bryan.wolfe@sportscarmarket.com; 503.261.0555 x 215 Financial Manager Nikki Nalum nikki.nalum@sportscarmarket.com; 503.261.0555 x 205 Strategic Planner Bill Woodard Print Media Director Wendie Martin wmartin@enthusiastmediagroup.com; 206.427.1652 Executive Producer, SCM Television Roger Williams roger_williams@earthlink.net ADVERTISING Display Advertising Executives Ted Alfano ted.alfano@sportscarmarket.com; 877.219.2605 ext. 211 Cody Wilson cody.wilson@sportscarmarket.com; 877.219.2605 ext. 213 Classified Advertising classifieds@sportscarmarket.com SUBSCRIPTIONS Subscriptions Coordinators Mary Artz, Jennifer Davis-Shockley subscriptions@sportscarmarket.com; 503.261.0555 x 204 To order new subscriptions 800.289.2819 Questions about current supscriptions 877.219.2605, ext. 204, subscriptions@sportscarmarket.com, fax 503.253.2234 www.sportscarmarket.com CORRESPONDENCE Email service@sportscarmarket.com Customer Support www.sportscarmarket.com/helpdesk Fax 503.253.2234 General P.O. Box 4797, Portland, OR 97208 FedEx/DHL/UPS 401 NE 19th, Suite 100, Portland, OR 97232 The information in Sports Car Market magazine is compiled from a variety of reliable sources. However, we disclaim and deny any responsibility or liability for the timeliness, use, interpretation, accuracy, and completeness of the information presented. All material, data, formats and intellectual concepts in this issue © 2009 by Sports Car Market, Inc., Automotive Investor Media Group and Automotive In- vestor in this format and any other used by Sports Car Market magazine. Copyright registered with the United States copyright office. Canada Post Publication Agreement #41578525 PRINTED IN USA

Page 14

You Write We Read All letters are subject to editing. Please address correspondence to SCM, P.O. Box 4797, Portland, OR 97208. Fax 503.253.2234, e-mail: youwrite@sportscarmarket.com From the factory I'm writing in regards to Dan Grunwald's analysis of the 1961 Chevrolet Impala SS sold at Barrett-Jackson Las Vegas, (January, “Market Report,” p. 58). He writes, “The SS option came as a dealer-installed package in '61…” In fact, the Super Sport option was a factory option package. The real Super Sport kit was only available on the big-block cars, and the VIN after the alphabetic factory designation should start at 21XXXX or higher. It was never offered with bucket seats, as your subject car had. I purchased a '61 Impala new and after reviewing the offered options from March of '61, I can confirm that the Super Sport option was not yet available. My purchase of a documented SS was the culmination of a five-year search and a sevenpage self-constructed checklist to verify the correctness of SS cars on the market. Buyer beware!—Dr. Wellington C. Morton, Jacksonville, FL Dan Grunwald responds: I stand corrected, Dr. Morton. The old school of thought on this was that some '61s were factory SS optioned but that the package could also be added at the dealer. It seems that further digging and updating of my own knowledge databases shows that although the SS option was relatively cheap at $53.80 when it was checked off on the order form, the reason it wasn't ordered more often is because it required other options that were quite costly, including the 305hp-or-larger 348 or 409 engine, heavy-duty brakes, and more. The final option cost for an original '61 SS Impala brought the total package into Corvette territory. This price issue, together with the late-model-year issue, made for the limited number of these cars being built. There may have been a number of dealers who liked the special trims and possibly offered them as packages to their customers to “upgrade” their Impalas, and that may be where I and 16 For my 4¼-Liter Bentley, I took to the DMV its British log book, with names and addresses of all owners back to 1938 when it was new, plus import documents. They refused to title it, saying they could only give me a title if the car had a previous U.S. title. I asked what I could do and was told “I guess you'll have to junk it.” Really. For my 1911 Hupmobile, I had its ownership history from new (I'm the fourth owner). It spent half a century in a museum. The DMV clerk tried to find it in the NADA Used Car Value Guide, became visibly angry when it wasn't there, and went to consult with her supervisor. Verdict: They could not give me a title or registration. And my Jabro sports racing special, with ownership records since 1961? No deal. I now have a 1920s Amilcar The Super Sport kit was only available on the big-block cars, and the VIN after the alphabetic factory designation should start at 21XXXX or higher others originally believed the SS to have been dealer-installed. Thanks for putting it straight. Long live the bike I want to thank Paul Hardiman for a nice piece regarding the 1949 Vincent Black Lightning and the 1973 Ducati Formula 750 race bike (January, “Bike Buys,” p. 102. It seems amazing to me that the Ducati racer with stories was expected (at least by the seller) to reach a $430,000 reserve. I can remember not too long ago there were very few bikes—with the exception of perhaps the very nicest Brough Superiors—that could reach the $100,000–$200,000 mark. Although aesthetically more pleasing than the '72 750 racers, the '73 does not carry near the importance or the success of the bikes of the prior year. It makes me wonder what the unrestored Paul Smart Imola winner would go for. A million? I understand that SCM's bike page catches a lot of flak from car guys; I, for one, look forward to it every month. I'm a car guy too, but I still love a good bike story, and I prefer your subject bikes to the ones in the more popular vintage bike magazines on the market. Your choices possess the right mix of the archaic and the important. Keep up the good work.—Joe Loduca, Piedmont, CA How do I title this thing? With regard to recent “Legal Files” columns on the subject, I have a general comment on title issues, particularly as concerns my own experiences with the Virginia DMV. bitsa, built up from several parts cars. I made an inquiry via a friend of a friend, who's a DMV administrator at the central office in Richmond. His opinion: I could try getting a court order, but he knew even then the DMV would refuse if the engine wasn't original (it isn't). So he was sure the DMV wouldn't title the car. I'd like to offer it for sale in Europe, but cannot export it without a title. In all these transactions, DMV employees showed obvious satisfaction in catching and punishing wicked wouldbe lawbreakers like myself. Their goal is to systematically eliminate any means by which I can carry out evil purposes such as described above. Are other states like this?—Paul Wilson, Fairfield, VA John Draneas responds: Thanks for your letter, Paul. With titling a classic car, the experience varies from state to state. That's why the “looser” states—Alabama, Texas, Louisiana, and Arizona—have spawned title services that will help you get through this mess. Typically, these services will charge a few hundred dollars to get you a title in their state without requiring you to take

Page 16

Ad Index 2shores International ...........................105 Amelia Island Concours ........................73 Aston Martin of New England...............83 Autobooks-Aerobooks .........................112 Automobilia Monterey ........................109 Autosport Designs ..................................81 Autosprint ...............................................97 Barrett-Jackson ......................................17 Battery Tender ......................................105 BB One Exports ...................................103 Bonhams & Butterfields ........................19 Branson Collector Car Auction .............53 Canepa ....................................................29 Cheetah Continuation Collectible ........83 Cobalt Automotive LLC ........................21 Competition Components ....................113 Condon & Skelly ....................................85 Copley Motorcars .................................105 Cosdel ...................................................103 County Corvette .....................................55 D L George Coachwork .........................43 David J Mohlman ...................................75 Driversource Houston LLC ...................31 Dynamic Technology ...........................112 European Collectibles ..........................103 Exotic Car Transport ............................113 Fantasy Junction .....................................47 FECC Passport Auto Transport ...........105 Fine Sports Cars ...................................113 Fourintune Garage Inc .........................113 Gooding & Company ...............................2 Grundy Worldwide.................................39 Hagerty ...................................................15 Heacock Classic ....................................95 Hyman, Ltd.............................................65 Intercity Lines ........................................27 JD Classics .............................................67 JJ Best Banc & Co ................................107 Juniors House of Color.........................112 Keels and Wheels Concours ..................35 Kidston .....................................................9 Kruse International ................................61 Mac Neil Automotive .............................59 Mercedes Classic Center ......................115 Miller's Incorporated ...........................113 Morris Trailer .......................................103 Motor Classic & Competition Corp. ...109 Motorcar Portfolio ..................................97 My Classic Car Garage ..........................99 Nick's Forza Ferrari .............................113 Palm Beach Driving Club ......................63 Palm Springs Exotic Car Auctions ........57 Park Place LTD ......................................23 Paul Russell and Company ....................81 Plycar Transportation Group .................49 Putnam Leasing ......................................25 Reliable Carriers ....................................69 Re-Originals ...........................................95 RM Auctions ....................................11, 13 Road Scholars .........................................95 Ron Tonkin .............................................79 Ronald McDonald House .......................33 RPM Autobooks ...................................113 Silver .......................................................71 Symbolic Motor Car Co ...........................3 The Stable ...............................................79 Thomas Hamann ....................................85 US Appraisal ........................................109 Vintage Auto Collectibles ....................116 Vintage Rallies .......................................77 Windemere .............................................97 Worldwide Group .................................5, 7 Zygmundt & Assoc. .............................112 18 Judging by photographs of the grid, the 100S would have been expected to be one of the slower cars in the race. Granted, it had two extraordinarily proficient drivers, but still, this is an extraordinary result the car there. Then, you can transfer your new U.S.-state title to Virginia. You can find these services on the Internet. Be sure to ask all your questions up front, and check with your local DMV to be sure they will accept the title, so you don't waste time and money. Really? A Healey? In his recent coverage of the Goodwood Revival, (January, “Goodwood Revivified,” p. 30), Robert Ames comments that as a Healey 100S owner, he was pleased to see one win the March Memorial Trophy race, by three laps, no less. Judging by photographs of the grid, the 100S would have been expected to be one of the slower cars in the race. Granted, it had two extraordinarily proficient drivers, but still, this is an extraordinary result. Perhaps Mr. Ames could shed a little light as to just what was under the hood of that particular 100S. The fact of the matter is that the stock 100S, by modern standards, is a stone. I had one—s/n 3507, the ex- Vince Sardi car—which I drove off of a used car lot in 1958 for $1,350. I put a top and windshield on it and used it as a road car for four years. Thanks to the 24-gallon gas tank, no trunk, a ride with no compliance, and all that vibration from the engine, I was left shaking after a trip of just a couple of hours. Flames that shot out of the sidepipes on the overrun at night helped make up for it. I sold it and bought a 1961 Series II Lotus Elite, going from the merely impractical to the outright dangerous. I was young then. I wish I had both of them back in my garage now, as well with all of the other “used cars” I had along the way.—Warren Cox, Washington, DC Bob Ames responds: Thanks for your letter, Warren. I do think you underestimate the potential of a well-prepared 100S versus one fresh from a used car lot. The car driven by Pirro at Goodwood was clearly well sorted, but it also withstood the now-quite thorough Revival scrutineering in terms of authenticity. I drove a 750 Monza at the first of Lord March's circuit races, and frankly, I would have been far more comfortable in the disc-braked Healey—maybe faster as well. That's the opinion of a lifelong amateur racer. How about in the hands of a Stirling Moss? Moss, who finished 6th overall at Sebring in a 100S in 1955, put me on to 3901, the car I now own, after having driven it in a historic support race at the 1998 Australian Grand Prix. Contemporary coverage cited “times matched only by cars of far greater power and performance.” A favorite reference of mine is the classic Road & Track Road Test. The 100S recorded a time of 7.8 seconds from 0–60 mph, one of the quickest the magazine had reported at the time of its 1955 test. Ultimately, I think what it comes down to is the consummate skill of a Moss or Pirro versus that of a “civilian” like me. Still, I will gladly provide you a couple laps at speed in 3901 at Portland International if you should ever find yourself in this neck of the woods. ♦ Sports Car Market

Page 18

Stuff Neat by Stefan Lombard In the genes Automotive artist Nicolas Hunziker comes by his work honestly. He derives his eye for detail from his great-grandfather and grandfather, who were both classically trained painters—the latter perhaps most famous for his Bugatti poster of 1932. It also doesn't hurt that his grand-uncle was the motor racing Prince Bira of Siam, so Hunziker is no stranger to the history, adrenaline, and petrol fumes of the sport. He trained at Pasadena's Art Center College of Design, and he believes in keeping his work simple. He incorporates many elements of Art Deco advertising posters into his painting, and he calls his style “Period Correct.” His focus lies in vintage racing, with a special emphasis on Porsche, and his acrylic on canvas original paintings have been reprinted on everything from greeting cards and kids' T-shirts to posters and limited-edition signed prints. Hunziker can create any piece on commission, and no piece is too small or big, a fact attested to by the 47-ft murals he has created for various patrons. Cars, shirts, and posters range from $15 to $30, signed prints are $750, and prices for originals start at about $4,000. You can see his gallery or commission your own piece at www .nicolashunziker.com. WHAT YOU NEED AND HOW TO GET IT There is no substitute Nothing drives like a Porsche. Nothing holds your beverage quite like one, either. And whether your beverage of choice is coffee, espresso, or a tall glass of spirits, German engineering will have you sipping in style. Drink your coffee or tea from a limited-edition, dishwasher-safe mug depicting Porsche #1. Or how about sipping espresso in style from these individually numbered cups? Complete with matching saucers, each piece shows off a different bit of Porsche motorsport history, including the 1968 909 “Bergspyder,” 1970 908/03 Spyder, 1970 917K, and 1971 917LH. And if you're a juice (or Manhattan) guy, then these four glasses are just thing. They span the generations of the venerable 911 and feature the Type 901 of 1964, the 1973 Carrera RS 2.7, 1988 Targa, and the 1993 Carrera 3.6 Speedster. The mug is $19, the espresso set $79, and the glasses will set you back $89—all cheaper than buying the depicted automobiles by a healthy margin. Buy them from the Porsche Design Driver's Collection at www.shop1 .porsche.com/usa. 20 Sports Car Market

Page 20

In Miniature by Marshall Buck 1955 Ford Thunderbird I have always had a soft spot in my heart for the 1955 Ford Thunderbird. I still want one. In the small scale, the team of enthusiasts at the Danbury Mint have delivered, and on more than one occasion. Their 1:24-scale '55, painted Thunderbird Blue, is a joy to behold. Ride height is perfect as it sits on wide whites with photo-etched wire wheel covers. The level of detail is to the usual astounding degree and represents exceptional value. The body is adorned with delicate chrome-foiled emblems in every place they should be. The chrome foil process is similar to photo etching but gives rounder edges, as opposed to the flat, sharp edges you get with photo etch. The foil process also yields a perfect chrome finish. As we have become accustomed, there is a long list of working parts, along with gas cap door in the trunk lid, antenna and removable rear fender skirts. Included with each model is a removable convertible top perfectly replicated inside and out, which fits precisely in place. The engine has a wealth of detail, including the optional chrome “Dress Up Kit.” You might enjoy the “See Clear” text on the windshield washer bag, too. The interior features a fully detailed dash, door panels, carpeting, and more. All those bits appear to be just right, with the exception of the slightly heavy automatic floor shifter. Pop open the trunk and you'll find the spare sitting atop a correct rubber floor mat, along with a jack nestled inside the left fender. Take a look into the bulkhead of the trunk to see the miniaturized jacking instructions. This is a new release from DM and follows their previous 1955 'Bird in Goldenrod Yellow, which was produced as a limited edition only in 2005 to commemorate the 50th anniversary of the Thunderbird. The anniversary edition came with a removable hard top, which even featured a perfectly simulated perforated headliner. DM has also produced editions of the '56 and '57 T-Birds. If you must have the limited 1955 model, look on eBay and expect to pay around $200. The current blue version is priced at $129. Available from the Danbury Mint; 800.243.4664. Model Details Production Date: Blue 2008–present; Yellow 2005 only. Quantity: 5,000 to 10,000 approx. of each model Ratings: Overall Quality: Authenticity: Overall Value: Web: www.danburymint.com Speaking Volumes by Mark Wigginton Peter Egan: On the Road by Peter Egan, Parker House Publishing, 352 pages, $17.79 (Amazon) Peter Egan, on many occasions, is the best reason to pick up the newest issue of Road & Track. His column is the first thing I turn to, and like a later-day Jean Shepherd, his open, friendly, and just plain cozy writing often creates a pleasure larger than the sum of the journalistic parts. To be grand about it, he finds simple truths for motorheads everywhere, mining the mundane for golden moments he uses to connect with other people who love cars. Whether writing about road trips or barn finds, winter evenings rebuilding bits in the garage or grand adventures, Egan uses a sharp eye and “sharing-a-beer” voice to great effect. On the Road is a collection of selected travel writ- ing and other pieces from the magazine, from 1983 to 1996. Each begins with a brief introductory note, and most have a few black and white images. From the first (the story of his teenage attempt to race a 1951 Buick Special) to the last (a trip to New Orleans in a 1963 Cadillac sedan), Egan explores the call of the road, always in the most interesting, though often unexpected, vehicle he can get his hands on. You've probably never considered crossing the Badlands in winter in a 1972 Ferrari 246 GT Dino, or driving from Southern California to Elkhart Lake, Wisconsin, in a Westfield Lotus 11 replica, but that's just the beginning for Egan. There is a trip to take part in the Mille Miglia, a trek through the desert of Baja, racing at the Monterey Historics, and an eye-opening slog across India and Nepal. Wherever he goes, Egan is the car-guy tour guide of your dreams: funny, a great story teller, and an easyto-get-along-with companion. He travels well. Provenance: Egan's the real deal, with lots of grease under his nails and more time actually wrenching on cars than many of his columnist cohorts. That intimacy with the machines and his pure love of the road makes for a great combination. Fit and finish: For what you could argue is as much a travel book as a collection of columns, at least in spirit, the minimum of photographs is a disappointment. The fact they are all tiny and badly reproduced black-and-white images compounds the problem. Drivability: The best thing about Peter Egan's prose is the acces- sibility and sense of personality, like a friend talking to you. The only quibble is On the Road might best be read in short bursts. A straight-through reading might have you consider playing a drinking game I'll call Peter Egan Bingo (Chris Beebe, Barb, Bug-eye Sprite, guitar, breakfast: BINGO!). That said, I'm ready for the next trip. 22 Sports Car Market

Page 22

Affordable Classic Jaguar XJ6 The Last Real Jaguar Sedan The DOHC six was proven technology, and even the collection of boobs and Marxists assembling cars for British Leyland in the 1970s couldn't screw it up by Rob Sass Thereafter, the company irretrievably jumped the shark in 1968 with the Series II E-type, before sinking under British Leyland and then Ford ownership. But founder Sir William I Lyons had one last brilliant car in him—the XJ6. When it was introduced in 1969, the dean of U.S. car magazines, Road & Track, called it “uncannily silent, gloriously swift and safe as a house.” Post-war Jaguar sedans n the opinion of many, the Series I E-type of 1961–67 was the highwater mark for Jaguar. Coupe. All came with rather distinctive black vinyl roofs, which cynics believe were used simply to cover inferior welds. The short-lived XJ12 coupe added an infernally complicated 5.3-liter V12—a lifetime project, like a Citroën DS19. The heart of the XJ was the brilliant DOHC six As the cars couldn't pos1973 XJ6, last of the Series I had alternated between ravishingly attractive and bulbously large. The XJ6's immediate predecessor, the 420G, was an example of the latter. While clearly sharing the same parentage, the XJ6 was Ashley Judd to the 420G's Wynonna. Like the E-type, the XJ6 (the original car, not the “AJ40” redesign of 1988) was built in three series. Unlike the E-type, however, the last series was substantially improved. Series I cars are distinguished by their tall grilles and low, small bumpers. They are uncompromising and exactly the car Sir William Lyons wanted. Mechanically, U.S. XJs got virtually the same 245-hp twin-Zenith-Stromberg- equipped 4.2-liter XK straight-6. Fully independent rear suspension was also E-type derived, with the same inconvenient inboard disc brakes. Over the years, countless XJ6s have been sacrificed for their rear suspensions—Tupperware Cobra builders covet them. Allegedly available with knockoff wire wheels Early cars were theoretically available with Dunlop 72-spoke chrome knockoff wire wheels, the same as an E-type, but came with the chrome steel wheels and hubcaps that were the base wheel on the Series II and Series III E-type. Another unavailable option was the 4-speed manual gearbox with overdrive. All U.S.-market cars were equipped with a Borg-Warner automatic, though a handful of left-hand-drive European-delivery cars have sneaked in. It's a crying shame, as a 4-speed XJ6 would have had enduring appeal. Series I cars were handicapped by pathetic Details Years produced:1968–90 Number produced: 206,000 (all XJ6, XJ12) Original list price: $7,400 (1970) SCM Valuation: $5,000–$7,000 Tune-up cost: $350–$400 Distributor cap: $15.95 Chassis #: Plate on A-pillar or door jamb Engine #: Right side near oil filter Club: Jaguar Clubs of North America 234 Buckland Trace Louisville, KY 40245 More: www.jcna.com Alternatives: 1972–76 BMW 3.0Si; 1971–72 Mercedes-Benz 280SE 4.5; 1971–85 DeTomaso Deauville SCM Investment Grade: F+ 24 HVAC systems, and Jaguar's legendary reputation for unreliability was being built in earnest, calling to mind David Niven's quote about Errol Flynn: “You can count on Errol Flynn, he'll always let you down.” Things got worse. The Series II cars were intro- duced in 1974, primarily to comply with American 5-mph bumper regulations. The bumper size increased dramatically and it was raised, necessitating a smaller and less attractive grille and supplemental air intake below the bumper. British Leyland was now firmly in control, and in terms of reliability and build quality, the Series II made the Series I look like a Lexus. In fact, the only thing noteworthy about the Series II was the availability of the gorgeous pillarless XJ sibly get worse, any Series III cars (from 1980 on) must be considered an improvement. Pininfarina successfully freshened the styling, and fuel injection (Bosch electronic built under license by Lucas) at last replaced the ancient Strombergs. Niceties like a sunroof and cruise control became available. Also offered were the very attractive “pepperpot” alloy wheels that stayed with the Series III until the end in 1987. The heart of the XJ6 is the brilliant DOHC XK six. True, it dated back to 1948, and at 4.2 liters, it was stroked to within an inch of its life, but this mattered less in a sedan than it did a sports car. Most importantly, it was proven technology, and even the collection of boobs and Marxists assembling cars for British Leyland in the 1970s couldn't screw it up. I therefore find it amazing how many V8 conversions took place in XJ6s over the years. While all of the Lucas ancillaries like alternators, starters, distributors and such may have been highly suspect, the Le Mans-winning engine was not. The absence of funny noises or smoke, and oil pressure greater than about 40 psi warm at 3,000 rpm usually indicate that things are fine. Rust is problematic in nearly any old car; in an XJ6, it can easily put the car beyond reasonable repair. Rust in the floors, inner sills, and the rear radius arm mounting points is a deal-breaker. Given the modest values of the car, one would do well to walk away from any example exhibiting signs of corrosion. Similarly, there is no need to trifle with an XJ6 with a ratty interior. Nearly every surface is covered in leather or wood, and none of this is cheap to replace. Sagging headliners are common, and replacement is the only cure. Unlike earlier Jaguar sedans, the XJ6 has yet to make the jump from used car to even minor collectible. To be worth even low five figures, it would take a bit of luck and a really great Series I car in a desirable color like Regency Red. As frequent drivers, the Series III cars are probably the best bets. Be particularly choosy. The best likely won't break $7,000; the worst, however, will break you. ♦ Sports Car Market

Page 24

Legal Files John Draneas How to Avoid Sales Tax—Legally Five states do not levy sales taxes—Alaska, Delaware, Montana, New Hampshire, and Oregon. Oregon is the winner here sellers to do that. So every state that imposes a sales tax backs it up with a use tax. In private transactions, the pur- chaser is legally required to report the purchase and pay a use tax, which is levied at the same rate as the sales tax. Obviously, very few purchasers bother to do that, and use tax revenue is dramatically limited. But use tax is very easily collected when licensing the vehicle. Dealers have their own snags Sales and use taxes are not im- posed on wholesale transactions. Car dealer purchases are exempt, as they will collect a sales tax from the retail purchaser of the car. Some car collectors have discovered they can get licensed as a car dealer rather inexpensively. Dealer status allows them to exempt their purchases from sales and use tax, but it has its shortcomings. First off, dealer status makes “NOTINOR” coupe owned by a motivated seller. After modest negotiations (and thorough pre-purchase inspections by Ferrari experts to confirm its authenticity, history, and mechanical, body, chassis and cosmetic condition), he writes a check for $250,000. A few days later, he drives the Daytona to his nearest DMV office, and collapses when he gets the registration bill. If our taxpayer lives in San Francisco, he's facing one of the highest sales taxes E in the country. California's base sales tax rate is 7.25%, but local governments and special districts are allowed to add to that. As a result of the add-ons, the sales tax rate in San Francisco is 8.5%, which adds $21,250 to the cost of the Daytona. Granted, this is a lot more than the typical state's 6%, but it's not even the highest sales tax rate in California. That honor goes to the city of Southgate, in Los Angeles County, which tops out at a whopping 9.25%. And the expenses don't stop there. California's annual vehicle licensing fee is 0.65% of a car's value, adding another $1,625 to the cost of our taxpayer's Ferrari. But California is in a deep budget mess. At this writing, a news report claimed that a tentative budget deal would raise this fee to 2% of the car's value. That would cost our taxpayer another $5,000 every year. There are no limits to these taxes, and the same percentages apply to all collector cars, and they mount up as the value of the car goes up. As you would expect, our taxpayer would love to know how to avoid some or all of these additional taxes. Use tax backs up sales tax Sales taxes are levied only in retail transactions. The seller collects the sales tax from the buyer and sends it to the state. But it's too burdensome to require private 26 ver feel like you're being taxed to death? Everyone feels that way on April 15, but another way to feel the pinch is to buy a collector car and stop by your local DMV to get it licensed. Consider a hypothetical SCMer taxpayer. He finds the right Ferrari Daytona your car insurance more difficult. Your “inventory” can't be properly insured under a consumer policy, and sneaking it may allow the insurance company to deny your claim on the basis of fraud, just when you need the coverage most. As a dealer, you have to collect sales tax and file reports with the state when you sell a car, creating an administrative burden and accounting expense. But the greatest financial concern is that dealer status can make you lose out on capital gains taxation when you sell the car. Sales from a dealer's inventory are taxed as ordinary income, currently a 35% maximum tax rate. That is a lot more than the bargain basement 15% federal capital gains rate, previously reported by “Legal Files.” It's a pretty easy audit issue for the IRS. “Mr. Taxpayer, we know you wouldn't lie to your state government about your sales and use tax status—that would be a crime. If you had purchased this vehicle for investment purposes, you would have paid sales or use tax. You didn't do that, so it must be inventory, right?” And try getting the auditor to believe that you bought the Daytona as inventory, but later decided to keep it as an investment, and didn't realize that doing so meant you had to pay use tax to your state. Find a tax shelter state If our taxpayer is willing to do it, he can avoid the sales and use tax by parking his Daytona in another state, at least for a while. California law, which is prob- Sports Car Market

Page 25

ably typical, imposes a sales or use tax only on cars purchased for use within the state. That is, California can't tax the Daytona until it comes into California. Think of it this way. If you owned a vacation home in another state and bought a car to leave there for use when you stayed at your vacation home, no one would expect California to levy a tax on a car registered in the other state. Yacht owners have been doing this for years. It is fairly common practice for California yacht owners to take delivery of their yachts at the Ensenada, Mexico, yacht harbor and leave them there long enough to escape California sales tax. But leaving the Daytona in Mexico isn't very appealing for many reasons, and our taxpayer would prefer to keep it in the United States. But just placing it in another state will expose it to sales or use tax in that state. There may be some savings because California has a very high sales tax rate, but it isn't a complete victory. What our taxpayer needs is a tax haven state for his Daytona. There are five states that do not levy sales taxes—Alaska, Delaware, Montana, New Hampshire, and Oregon. Oregon is the winner here because it has very appealing vehicle registration laws. Under Oregon law, you can register your Daytona in Oregon if you are a resident of Oregon, or if the Daytona is garaged in and used in Oregon. In other words, the Daytona can be registered in Oregon if it is an Oregon resident, no matter where you live. And, to make it even more alluring, your initial Oregon title and licensing fees, regardless of value, come out to about $120, and that licenses the car for two years. You can go home again This may seem rather far-fetched, but it's really quite doable. All our taxpayer needs to do is find a place to store the Daytona in Oregon, and a local contact, and he can avoid the California taxes and license fees altogether. And having a car to drive in Oregon enables him to enjoy great roads and scenery—and the tax savings can pay for plane trips back and forth. But at some point, our taxpayer is going to want to bring the Ferrari home to California. Can he ever afford to do so? California law is quite helpful in this regard. No sales or use tax is imposed when a California resident imports a car that he owned, licensed, and used in another state. To prevent subterfuges, two requirements are imposed: (1) the car must have been registered in the other state for at least 90 days (until recently, the requirement was one year); and (2) the owner must have actually used the car in the other state throughout its stay. Just parking it there for a few days won't be enough. Our taxpayer will need gas receipts, airfare and lodging expense receipts, etc., to establish that he actually used the Daytona in Oregon throughout the 90-day period. Out-of-the-box thinking This may seem like a complicated solution, but “Legal Files” has assisted several collectors in legitimately avoiding sales and use taxes in this manner, the more notable ones involving a Porsche Carrera GT and a McLaren F1. At those levels, the savings can run into six figures. The Pacific Northwest is a great place to visit, and the roads and scenery are fantastic. You can take advantage of upcoming car club events to plan your local usage. Then, after your Oregon-resident collector car has been properly “seasoned,” you can work on getting it into your home state in a nontaxable manner. ♦ JOHN DRANEAS is an attorney in Oregon. His comments are general in nature and are not intended to substitute for consultation with an attorney. March 2009 27

Page 26

Collecting Thoughts Bonneville Speed D.B. = Done Bonneville Over the past two years, he refined and developed the noise-maker to within an inch of its life. It now puts out 48 hp and revs to 10,000 rpm by Raymond Milo and research history. In addition to assembling a collection of 1950s sports cars, including a 1958 Devin SS, a beautiful 1956 Jomar alloy racer, a 1953 Giaur, a 1952 Bonneville salt racer, and an Ardun-powered sports car that Bill Pollack drove to victory at Santa Barbara in 1953, Brinker coauthored Vintage American Road Racing Cars, nominated for the coveted Dean Batchelor Award. He also writes a column for Vintage Racecar. I wondered why the good doctor wanted an HBR-5 and was surprised to hear he intended to break the land speed record for the 750-cc class at Bonneville. Brinker bought HBR-5 #1025 from Myron Vernis in mid 2006, and since he also owns a 1954 Devin Panhard, his chief mechanic Greg Lucas was already up to speed on the engine. Over the past two years, Lucas (with help from many friends) refined and developed the noisemaker to within an inch of its life. His engine develops an impressive 48 hp at the front wheels (probably 65 hp at the flywheel) and revs to 10,000 rpm. Brinker's 1959 HBR-5, named BoneEvil, fits Stranger in a strange land Deutsch and René Bonnet—young engineers turned successful racers. After a string of forgettable cars powered by Citroën, M the two turned in post-WWII years to Panhard, the iconic French company. In the late 1940s, Panhard was massproducing tiny aluminum Dyna sedans, animated by an air-cooled, 750-cc, two-cylinder boxer motor—sophisticated for the time, with a roller-bearing crank, hairpin valve springs, and front-wheel drive. It was a bit shy on power, but Deutsch and Bonnet still scored an incredible number of class victories at Le Mans, Sebring, the Nürburgring, the Tour de France, and even the very Italian Mille Miglia. The bread and butter of the tiny company was an aerodynamic fiberglass coupe named HBR-5. Exported by the hundreds to America as a GT, it quickly ruled SCCA's H Production class. As the years went by, Panhard increased the two-banger to 850 cc, and finally to 1,000 cc. In addition to myself, there there are devotees for these wonderful little cars in France and England and Japan and even in the U.S. I was reminded of this when SCMer Mark Brinker of Houston, Texas, called and said, “Raymond, I need an HBR-5.” For those of you who have not had the pleasure, Brinker is an interesting man. He's a renowned orthopedic surgeon and also one of the most astute collectors I have encountered, with an uncanny ability to find cars 28 Sidepipes do little for speed but sure look cool Sports Car Market y automotive tastes include the bizarre and out-of-the-ordinary, and one such marque for which I have a soft spot is the French Deutch-Bonnet (DéBé), built by Charles into the Grand Touring Sports class, which is not a sheltered workshop for vintage cars; the engine displacement puts it in the J category. The GT/J record of 80.143 mph has been held by a modern Honda since 1991. But none of this bothered Brinker. His first-ever run on the salt (a rookie qualifying run off the trailer) on August 18, 2008, was at 93.07 mph. His record-setting backup run of 94.918 mph came the following morning. Averaging the two runs, Brinker's record is now in the books at 93.994 mph. This must be counted as another important moment in D.B. history. The D.B. vic- tories of the '50s were against contemporary cars of similar development, but this is an all-out record in a 50-year-old car. To put it another way, this makes the HBR-5 the fastest 750-cc production GT car of all time. Brinker aims to push the 750-cc record over 100 mph at his next outing. He also plans to make a run at the 120-plus mph 1,000-cc GT/I record. I wouldn't bet against him. ♦ Photos by Harold Pace

Page 28

Events Fairfield County Concours Fairfield County Concours Perhaps the main difference between Fairfield and other shows is spectator education, where cars are arranged chronologically and with car cards by Rob Sass Bests of the show—Corvette Rondine and Tatra T-77A W ith new concours springing up, it seems inevitable that the current trio of Pebble Beach, Amelia Island, and Meadow Brook will expand to a quartet. Fairfield County Concours may have a leg up on its competitors due to its location in the backyards of some very influential collectors. Fairfield County Hunt Club provides an ideal setting—the feeling that one had landed on the planet of the Ralph Lauren models was spoiled only by my decidedly non-runway-ready height and weight. This is indeed Mr. Lauren's backyard, and he brought his 1958 Testa Rossa, which took the top award in a Ferrari class. Dinner the evening before was sponsored by a local charity of note, Newman's Own Foundation, which benefits several autism charities. It saw SCMers Malcolm Pray and Wayne Carini honored by the state of Connecticut for their philanthropic work. Southwest Connecticut is home to some wonderful scenery and roads, and those who never stray from I-95 are missing a great deal—emphasized by the “Nutmeg Tour for Autism” rally. Meticulously routed by Rich and Jean Taylor, the presenters of the New England 1000, it was an ideal way to become acquainted with SCM Contributing Editor and concours emcee Donald Osborne's Dino 308 GT4. The field of cars this year was exceptional, and Porsche's status as the presenting sponsor attracted some wonderful examples of that marque, including one of the finest early 911s I've seen, an Irish Green 1966 coupe owned by Richard Strahota and Trish Carroll. Unrestored cars are attaining a spe- Details cial status, and it's surprising how many concours have yet to recognize this trend. Fairfield County Concours is among those that do. FIVA preservation awards were 30 Plan ahead: September 12–13, 2009 Where: Westport, CT Cost: $20 general admission More: www.fairfieldcountyconcours.com given to a 1959 Ferrari 250 LWB California Spyder and a 1931 Mercedes-Benz SSK Sports—not cars one often sees in scruffy but authentic condition. The silent auction car, a humble but untouched 1970s Mercedes-Benz 300D donated by a local family, unintentionally further demonstrated the appeal of survivors. Perhaps the most significant difference between Fairfield and other shows is the emphasis on spectator education. The cars are arranged chronologically and with detailed car cards. Multiple field walks were a nice touch. Best in Show Foreign was won by an otherworldly silver Czech 1938 Tatra T-77A owned by Don Long and Helena Mitchell, one of the few that didn't meet its end going off the road backwards with a member of the hated occupying Nazi army at the wheel. Best in Show Domestic was won by the 1963 Corvette Rondine concept car brought by Michael Schudroff. It looked and ran beautifully after its recent freshening by Corvette Market magazine regular Kevin Mackay. Overall, the concours has grown gracefully—it re- tains the easygoing charm of its chairman Bill Scheffler and the emphasis on education, yet attracted first-rate cars and a major presenting sponsor in Porsche. Scheffler and co-founder John Shuck are right on track to continue developing the event without spoiling the genial atmosphere. ♦ Sports Car Market Alexander Davidis

Page 30

Events Sunriver Festival of Cars Sunriver Drives the Green There are no concours rules since there are no judges, and participants don't need to spend endless time and countless money getting ready by John Draneas Idyllic backdrop of Central Oregon Supercars were this year's featured category T he 2008 Sunriver Festival of Cars, presented by Sports Car Market from September 12 to 14, elevated the event's stature to that of a significant regional automotive event and a player to keep an eye on. For the previous eleven years, the show was held on the courtyard of the Village Mall in Sunriver, Oregon, one of the Northwest's premier resorts. The entrants represented the Oregon Porsche, BMW, Jaguar, Ferrari, Mercedes, and Corvette marque clubs, and always brought an interesting assortment of enthusiast cars. This year, sponsorship by the Sunriver Resort and its affiliate, Caldera Springs, allowed the Festival to move to the Meadows Driving Range. Cars always look better on grass, and the backdrop of sweeping views of the Oregon Cascades didn't hurt one bit. The featured display was Supercars—cars that are or were among the fastest pro- duction cars of their time. The category was anchored by the festival's poster trio—a McLaren F1, a Ferrari Enzo, and a Porsche Carrera GT. The rest of the Supercar display offered a range of about 20 cars, with everything from a Porsche 930 to a Lamborghini Murcielago. Behind the Supercars were over 150 Porsches, BMWs, Ferraris, Jaguars, Mercedes, Corvettes, Lotuses, Lamborghinis, and numerous others stretching all the way to a Smart Fortwo. They were arranged by vintage from the 1950s through current models, so that the various marques would be interspersed. Throughout the day, an engaging verbal pas de deux transpired between Festival band Smudge and Festival announcer Keith Martin. Smudge leader Elise Franklin practiced a variety of jazz and other rhythms, and juggled their sequence on the spot to play songs to blend with the activities as the day progressed. There were many comments about the added dimension that quality live music added to the event. Publisher Martin roamed the field, injecting commentary between interviewing sponsors and participants. The beautiful sunny day brought several thousand spectators, and the 2,000 event programs produced by sponsor Pamplin Media Group were gone before lunch. The day ended with the Festival Select Parade; examples of each model were driven past the crowd as Martin told the history of each (or at least fabricated interesting stories when he wasn't quite sure), followed by the Parade of the Supercars, with each example driving by for a similar 32 Details Plan ahead: September 19, 2009 Where: Sunriver Resort More: www.sunriverfestivalofcars.com Marque clubs turned out individual introduction. The Jay Audia People's Choice Award, named for my co-organizer, who died earlier in the year, was the only traditional award given. It went to Ferrari dealer Ron Tonkin's Enzo. Tonkin was delighted and observed that in all his years of automotive events, the only award he had never previously won was a People's Choice. The post-event banquet was lively, and sponsors presented a few “special” awards. Tonkin selected the car on display that he most wished he had sold—the BMW M1 owned by Tom Anderson from Carrera Motors. Anderson chose the car he wouldn't want to be caught dead in—a green on green modified 1975 Buick Le Sabre, complete with a “For Sale” sign. Bob Macherione, from Sports Car Shop, picked the car only an Italian could love, a 1965 Ferrari 330 GT 2+2, and Erik Clover, from Lamborghini of Portland/Gran Prix Imports, selected the car his wife would most like for him to borrow for the day, which was the Tonkin Enzo. The Festival concluded with the Sunday Dash, a two- hour, 100-mile sprint through the mountains and countryside to a lunch at Maragas Winery. Happily, none of the cars suffered mechanical difficulties, and no drivers got a ticket. Publisher Martin got an early start back to Portland, with his daughter Alex driving their 2000 Boxster S, top down at 6 am in the 35-degree weather. I posit that they wouldn't have been quite so brave in the era before heated seats and wind deflectors. The Sunriver Festival of Cars is part of a develop- ing national trend of casual classic car shows. There are no rigid concours rules since there are no judges, and participants don't need to spend time and money in preparation. The Festival offers a relaxed setting, where exceptional cars are on display and enthusiasts can enjoy each other's company. Beautiful cars, a beautiful setting, superb refreshments, sponsor displays, and a bunch of friendly collectors create a perfect day. ♦ Sports Car Market Photos: Kurt Shanaman

Page 32

Events Hilton Head Concours The Hilton Head Concours d'Elegance Nicola Bulgari chaired the seventh annual festival, which once again staked its claim to the season's last hurrah by Chip Lamb 1909 Rambler of Reggie and Cindy Nash T he seventh annual Hilton Head event took place October 31–November 2 at the Honey Horn Plantation, a historic complex just on the northwestern edge of this also-historic South Carolina island. The Motoring Festival nicely balanced Saturday's club car show with Worldwide's third annual auction and Sunday's Concours d'Elegance. The coordinators take the cues that appeal to them from other festivals, without copying them directly, and strive for a laid-back, diverse atmosphere. They succeed. One element of the festival wasn't even held there, as HSR Vintage Racing kicked off a race series on the new Hutchinson Island course in Savannah. The races were held in clear and cool weather Thursday and Friday, and spectators crowded the track to see the fast new circuit. On Friday, Concours Tour participants, including Reggie and Cindy Nash in their 1909 Rambler and Mark Hyman with daughter Brooke in a 1953 Cunningham C-3, toured the circuit, then returned to Honey Horn to survey cars bound for Saturday's Worldwide auction. Saturday dawned cool, with a heavy dew coating the cars. Organizers opened the field to car clubs and individuals for an informal Car Club Jamboree, and mostly local vehicles ranged from hot rods to modern classics. The local Corvette club brought 13 cars, from a concours-ready 1962 fuel-injected convertible to modern C6s. Rain dampens proceedings, not spirits Next door, Worldwide Auctioneers conducted an auction that reflected the strains of the global credit crunch. Initially showing a less-than-50% sale rate, valiant post-block activity brought the result to nearly 60%. Saturday's concours banquet featured a short address by jeweler and car collector Nicola Bulgari, who explained his fascination for immediate post-war American classics. His remarks drew applause and regard for his dedication to the hobby. Alongside concours vehicles on Sunday, Bulgari's motorhome featured a long canopy over five pre-war and immediate 34 Details Plan ahead: October 29–November 1, 2009 Where: Honey Horn Plantation, Hilton Head, SC Cost: $27, with packages available More: www.hhiconcours.com 1953 Cunningham C-3 of Mark Hyman post-war examples of rare American cars, both original or restored by his curator, Keith Flickinger. Bulgari also served as Honorary Chairman during the following day's concours. Though the threat of rain loomed, featured Brass and Microcar categories boasted rare examples in restored and original states. In addition, the 50th anniversary of Edsel was celebrated, along with Morgan's centennial. In the former group, an enthusiast presented a “what- if” example of a 2008 Edsel made from a modern-day Mercury Grand Marquis, with a trademark Edsel front bumper, trim, and interior. As awards began, sprinkles turned into a downpour, but even Full Classics waited in line outside for the verdicts. The coveted Best in Show and Most Outstanding Pre-War Car went to a 1928 Packard 4-43 phaeton owned by Gordon Logan of Georgetown, Texas. Bought new by Logan's father, the car was sold in the mid-1950s and reacquired by his son four years ago after a long stay in the British Isles. People's Choice honors went to another stunning Full Classic, this time a 1930 Pierce-Arrow convertible Victoria with coachwork by Waterhouse, a company founded by the grandfather of the current owner, who discovered the car after an exhaustive search. Finally, the Most Outstanding Post-War went to tour participant and collector car dealer Mark Hyman for his Cunningham. Well-organized by Chairman Dr. Paul Doerring, Executive Director Carolyn Vanagel, and a dedicated, largely volunteer staff, the Hilton Head Island Concours seems certain to flourish as the final event of each calendar year. ♦ Sports Car Market

Page 34

Ferrari Profile 1998 Ferrari F355 Challenge Preparation and support of the cars was to be done by local Ferrari dealers, but drivers soon discovered that all dealers were not equal by Steve Ahlgrim Details Years produced: 1995–98 Number produced: 109 Original list price: $129,300 SCM Valuation: $60,000–$75,000 Tune-up cost: $4,000 Distributor cap: n/a Chassis #: Stamped on frame in engine compartment by passenger's side shock mount Engine #: Stamped on top of the engine on passenger's side in the rear Club: Ferrari Club of America PO Box 720597 Atlanta, GA 30358 More: www.FerrariClubofAmerica.org Alternatives: 1988 Corvette C4 Challenge Racer, 1997 Porsche 993 Carrera Cup, 1999 Lamborghini Diablo SVR (Supertrophy series) SCM Investment Grade: C Comps Chassis number: ZFFXR41B000111662 raced by the Darro Motor Racing Team and the noted driver Gines Vivancos, the overall winner of the 2003 Spanish GT Championship. The car then was retired from competitive racing. Still maintained by the Darro Motor Racing Team, it was kept in perfect working order and used by the team for demonstrations and test days. Presented in full race preparation and livery, the F355 T features a 6-speed manual transmission, correct for the F355 Challenge. The interior appears complete and correct and includes a red racing seat, full roll cage, Momo leather-wrapped racing steering wheel, and the correct F355 Challenge dashboard. Like all F355 Challenges, it has seen competition, but the vehicle has been well-kept and professionally maintained. Well suited for continued amateur racing outings, this wonderfully presented F355 Challenge represents a rare breed of exclusive factory-prepared Ferrari racing cars, offered here at a very reasonable price. 36 he Ferrari F355 Challenge described here has been in the same ownership in Spain since new. It was last campaigned during the 1998–99 season, when it competed in the Spanish GT Championship, SCM Analysis This car sold for $54,696, including buyer's premium, at RM's Automobiles of London auction on October 29, 2008. In late 1992, Ferrari hosted an event at its Mugello race track in celebration of the 30th anniversary of the 250 GTO. At the event, F1 pilot Jean Alesi did a couple of hot laps in a curiously modified 348. Later that day it was announced that the car was a 348 Challenge and that it would be the basis of an exclusive new racing series organized by Ferrari for its clients. The 348 Challenge featured stock Ferrari 348s equally prepared with a full complement of safety equipment and just enough mechanical modification to allow them to stand up to the rigors of real competition. A national series was to be held in Ferrari's major markets, with the winners of those series meeting at Mugello for an international championship race. Longest-running manufacturer's race series Thirty-five official 348 Challenge race cars showed up at Spa the next spring for the first race, and 15 years later the series is still going strong. Fueled by Ferrari's 1995 F355 Spider Lot# 683, s/nZFFPR48A1S0103479 Condition 2Sold at $71,920 Barrett-Jackson, Palm Beach, FL, 3/29/2006 SCM# 41249 1995 F355 Berlinetta Lot# 260243401562, s/n ZFFPR41A6S0100479 Condition 2Sold at $42,000 eBay Motors, 5/28/2008 SCM# 116896 1999 F355 Spider Lot# 499, s/n ZFFXR48A7X0116235 Condition 2Sold at $110,060 Kruse, Ft. Lauderdale, FL, 1/8/2005 SCM# 36840 Sports Car Market Photos: RM Auctions

Page 35

dedication to the series and its ability to attract drivers and sponsors, the Ferrari Challenge, as it is now called, is probably the longest-running manufacturer-sponsored race series of all time. In 1995, the F355 Challenge model was introduced. The F355 wasn't just a warmed-up 348; it was a major redesign of its not-too-shabby predecessor. The experience of 1,800 hours of wind tunnel testing helped to make major aerodynamic advancements on both the top and bottom of the car. The latter was accomplished with a combination of panels that controlled the airflow underneath. This adaptation of racing technology almost seemed overkill on a street car, but it dramatically demonstrated Ferrari's commitment to making the best sports cars in the world. Weighing in at less than 3,000 pounds and powered by Seat Time Jim Griffin, Ladera Ranch, CA: I currently own a 1995 Ferrari 355B, s/n 103344. While it is not in full Challenge spec, the reason I bought this year was the belief that the '95 model had the “Challenge” motor. I have been led to believe that the emission controls and air intakes provided more horsepower on this particular model than the later years of the 355. My car has the Tubi competition muffler with a one-off header system to remedy the poor quality factory headers—most 355s will be finding themselves in need of this fix about now, based on the age of these cars. The power band on my 355 is user friendly, allowing for virtually linear power delivery as you accelerate—no lag from turbos, no hitting a certain rpm before the real whoosh comes on. Just plain acceleration that seems to climb as long as you keep your foot in it. Many people believe the 355 was a key turning point in the recent history of Ferrari, a mass-mar- a 380-hp, 8,500-rpm 3.5-liter V8, the F355 left the 3,300pound 300-hp 348 in its dust. The 4.9-second 0–60 mph and 13.3-second quarter-mile times are far from world class today, but these were outstanding numbers for the era. Two seconds faster around Ferrari's Fiorano test track than a 512TR, the F355 was a natural racer. The car was so potent that in addition to the obligatory safety equipment, Ferrari decided the Challenge version needed hard-bushed suspension arms, upgraded brakes with extra ventilation and high-performance brake lines, a competition clutch, and even a large rear wing. Nonetheless, the package was so extensive that Ferrari sold the Challenge version of the F355 for race only, noting the cars could not be titled for street use. The original theme of the Challenge series was a kind of high-end grass roots rac- ing: amateur drivers testing each other in theoretically identical Ferraris. Preparation and support of the cars was to be done by the driver's local franchised Ferrari dealers. The series quickly morphed into something different, as drivers discovered that all dealers were not equal. Doing a major service on a street car and getting the most performance out of a race car are two very different things. The dealers with racing experience clearly fielded faster cars. $20,000 or $25,000 weekends were commonplace By the time the F355 Challenge came out, Challenge drivers were shopping dealers for one who could provide them the best Challenge experience. For some drivers, that experience was having the fastest car; for others it might be driver tutoring; and for yet others it meant the best hospitality. Drivers often left their cars with a dealer half a continent away, not seeing the car until the next race. This luxury didn't come cheap: $20,000 or $25,000 race weekends were commonplace, and that's plus the cost of a car and any substantial accident damage. Racing by definition is hard on a car, and in a series as competitive as the Ferrari Challenge, car condition is readily sacrificed to move up a position. Touching fenders is common and serious wrecks are not unusual. There aren't many virgin Challenge cars, but there are a few dogs. A replaced fender is nothing to worry about, but a twisted ket supercar with decent build quality that you could drive every day. While some of the interior pieces don't quite hold up to the highest standard, I do think the 355 was a big step in the right direction for Ferrari at the time. As a side note, Publisher Martin and I exchanged views on the value of this car shortly after I purchased it at auction. His view at the time (July 2004, “You Write,” p. 18) was that this car would decline in value by over 50% in the coming years. January marks the five-year anniversary of my purchase, and when compared to my stock portfolio over that same period… Let's just say the Ferrari's slight decline in value looks pretty good right about now. unibody can be terminal. A Challenge car with a clean history is more desirable than a beat-up car with podium finishes. Our subject car appears to have been raced for two seasons, about nine years ago. It was represented as being “race prepared,” though it's not clear if that is the current condition or the former condition. There's no mention of a spares package or any previous damage. Curiously, it appears to have been campaigned by a private team in a Spanish GT series rather than the Challenge series. The sale price was around $10,000 under the low pre-sale estimate. That may be an indicator of condition or, more likely, a reflection of the thin market for retired Challenge cars. It has been many years since 355s were eligible for racing in the Challenge series. They are too old for most other forms of organized racing and not old enough for most vintage racing series. They are not streetable and not a first choice as a collector car. Until recently, buyers' enjoyment of a 355 Challenge was limited to participation in track days and driving schools. As more racetrack country clubs are opening, an F355 Challenge might be a great option for turning a few fast laps after work. Seriously fast, reasonably safe, and affordable to operate, an F355 Challenge has a limited appeal, but it returns a lot of fun for the money. ♦ (Introductory description courtesy of RM Auctions.) March 2009 37

Page 36

Sheehan Speaks Michael Sheehan How Many Ferraris? There are about 37,400 Ferraris in the U.S., which gives the Ferrari Club of America ample room to add to its reported 5,000 existing members differently in the current economy. But I didn't go into how many Ferraris exist and I where they are, which elicited a request from Chris Current, Chief Judge of the Ferrari Club of America, asking in part: 1. How many “old” or “classic” Ferraris, say 1975 and earlier, are there in the U.S.? 2. How many mid-range Ferraris, say from 1976 through the 328, are there in the U.S.? 3. We're also looking for whatever new car info you might have. He came to the right place The answer to the Enzo-era cars, which end with the last of the 365 GTB/4s and 246 series, in mid-1973, is easy enough. For the sake of round numbers, the 365 GTB/4 Daytona ended production about s/n 17000, and every other GT Ferrari (odd serial numbers only) was a street car, so figure 8,500 cars from the first of the street 166s to the last Daytona. Add in another 3,700 Dinos, for a total of 12,200 street and GT racers. The even-numbered race cars end with s/n 896, the last of the 312 PBs, so about 448 pure race cars were built, plus another 50 racers with unique s/n sequence, such as the 206 SPs (s/n 002–036) and 512Ms (1002– 1050), for a total of about 500 even-numbered racers and sport racers. Total for the Enzo era is about 12,700 cars. Extrapolating from 2+2s I belong to a group of obsessive-compulsive Ferrari historians, and within our group are aficionados who track individual Ferrari models. So I asked for a breakdown of the cars they track, by country. As an example of the detailed information within the group, Bill Preston, who runs the 250 GTE registry, had detailed information on 777 of the 961 250 GTEs, with 184 as black holes in his database. The U.S. has by far the greatest number of 250 GTEs, with 324. England follows with 79, the Swiss with 76, France with 53, and down the charts we went. Numbers add up, however, and collectively, the 27 countries that make up the European Economic Union have 370 Ferrari 250 GTEs. With 777 known and 324 in the U.S., about 42% of 250 GTE 2+2 production is in the U.S. Moving to Kerry Chesbro and his 330 GT registry (www.330gt.com), there were 50 330 Americas, 503 four-headlight Series I 330 2+2s, 124 interim 330 2+2s with four headlights and a 5-speed, and 460 Series II two-headlight 330 2+2s… for a total of 1,137 cars, with 712 known. Of the 712 cars known still to be in existence in 1990, 297 are in the U.S. That's about 42% of the known 330 38 1957 Ferrari 500 TRC, rare even among the Enzo-era cars 2+2 production. Extrapolate that out to all of the Enzo-era cars built from 1947 to the last of the 365 GTB/4s and 246 GTSs, and again you come up with about 12,700 cars. About 43% of them—5,500 cars—are in the U.S. Fiat ups production, but keeps track The Fiat-era cars are less convoluted, as the days of one-offs and small runs of pure racers had ended. Additionally, Ferrari published annual production figures and provided the U.S. sales numbers, making the job easier. The Fiat-era cars started in mid 1973 with s/n 17185, the first of the 365 BBs, and went up to s/n 75001 using odd serial numbers only, for a run of about 28,900 cars. From s/n 75001 onward, both odd and even numbers were used, with the Fiat era ending during the overlap of the last of the 348s, s/n 99934, or the first of the 355s, starting with s/n 98395. Using s/n 98395 as the dividing line for the first of the Montezemolo-era cars, the Fiat-era Ferraris ended their production run using every s/n from 75001 to 98395, for another 23,394 Ferraris. Adding 28,900 and 23,394, we get some number around 52,000 Fiat-era Ferraris. Many of the Fiat-era cars, such as the 365 BB, 512 BB and 512 BBi, 365 GT/4, 400i, and 412, were never intended for the U.S. market, so lower percentages were sold new into the U.S., and others were imported as used cars. For example, in 1982, when only the 308 was U.S.-legal, Ferrari built 2,209 cars, of which only 686, or just 30%, were U.S. cars. Fast forward to 1985 through 1989, a time when Ferrari had the hot-selling U.S.- legal Testarossa, 308, and 328. But in 1985, of 3,288 cars built by Ferrari, only 624, or 19%, were U.S.-spec cars. In 1988, Ferrari's first year to hit 4,001 cars built, only 1,079, or 26%, were U.S. models. Overall, of the 52,000 Fiat-era cars built, only about 13,000, or about 25%, were US models. Montezemolo's revenge The Montezemolo cars start in 1991 at about s/n 98395, and the highest VINs are in the 165500 s/n range, for a total of about 67,500 cars built. While the U.S. once dominated the world's economies and absorbed the largest proportion of Ferrari sales, Sports Car Market n my two previous columns, I divided Ferraris into the Enzo-era cars (1947–73), the Fiat-era cars (1973–91), and the Montezemolo-era cars (1991– present), and I outlined how each generation fared

Page 37

288 GTO, flagship of the Fiat days we are now in a far more global market. The final 2007 numbers are not in, but Ferrari notes 5,700 units sold worldwide in 2006, with 1,635 of them in North America. Canadian sales are small, so reckon on about 28% of current production coming to the U.S. With 67,500 Montezemolo-era Ferraris built, and 28% sold new in the U.S., that equates to about 19,000 newer Ferraris in this country. The U.S. total comes to 5,500 Enzo-era Ferraris, 13,000 Fiat-era Ferraris, and another 18,900 Montezemolo-era Ferraris, for a total of about 37,400 Ferraris in the U.S. That gives the Ferrari Club of America ample room to add to its reported 5,000 existing members, although I understand that number has dwindled to 4,700 in the last few months. Enzo, Montezemolo's supercar As I was wrapping up this column, Bill Preston recommended a new and fastidiously well-researched book, Handbuch der Ferrari Seriennummern, by Matthias Urban, written in both English and German (in the same book). Within 979 pages of fine print covering serial numbers from 001 up through 152537 (a 2007 599 GTB Fiorano), Urban lists not only the car built, but also the cars not built. Alas, time constraints (and my pay scale) mean that cross-checking about 35,000 serial numbers to find cars that were not built will have to wait for another column. ♦ March 2009 39

Page 38

English Profile 1976 Lotus Esprit S1 Even if the “real”—or “other,” if you prefer—Lotus appeared in most of the action shots, we can fairly say this car has Bond film provenance by Paul Hardiman Details Years produced: 1975–78 Number produced: 714 Original list price: £5,844 ($11,980) SCM Waluation: Without Bond, $10,000–$20,000 (with Bond, add $100,000) Tune-up cost: $450 Distributor cap: $9 Chassis #: Plate riveted to inner panel under front lid, left side of car Engine #: On milled flat surface just forward of bellhousing, under inlet cam Club: Club Lotus 58 Malthouse Court Dereham, Norfolk NR20 4UA More: www.club-lotus.co.uk; www .lotusownersclub.com Chassis number: 76090187G T he Lotus Esprit was unveiled as the Silver Car concept at the Turin Motor Show in November 1972. Based on a Europa twin-cam chassis, it was developed into the first Esprit prototype, displayed at the 1973 Geneva salon. It would be another three years before the first cus- tomer cars were delivered. Designer Giorgetto Giugiaro had wanted to call the car Kiwi, but Lotus management was intent on a name beginning with the letter E, as is Lotus tradition. A trawl through the dictionary came up with Esprit. This Esprit is one of two complete, fully functioning cars that were used for the driving scenes in the motion picture “The Spy Who Loved Me,” starring Roger Moore as secret agent James Bond, 007. Approximately nine Esprits were used in different guises, but bar these two, the rest were shells, some of which were used in filming the Esprit's transformation into a submersible. Once submerged, the Esprit was represented by a radiocontrolled model. The Esprit offered here was used in the scene where Q drives off the ferry in Sardinia, instructs Bond in its operation, and the car is then driven away by Bond and his companion, agent Anya Amasova (Barbara Bach). Roger Becker, now Director of Engineering at Lotus, drove this car in the chase scene and confirmed its identity to trimmer Nick Fulcher, when he visited Fulcher's workshop during the car's recent restoration. This is the only one of the two fully functioning Esprits with the missile launching button on the gearshift and the special revised housing for the clock/periscope screen. The car was taken directly off the production line and sent to Pinewood Studios, where it was trimmed by Fulcher, who removed the colorful tartan headrests, which reflected on the actors' faces. He changed them to plain green. 40 As well as the quayside scene, this Esprit was con- verted for use as a camera car in filming the dramatic chase along the Sardinian mountain roads, there being no alternative vehicle available that could keep up with the other one. After the movie's completion, the car was dis- patched to Lotus and put back on the production line to be returned to standard trim and sold. The mounting for the clock was removed, the seats and headrests were returned to standard, the engine was serviced, and a black Lotus badge was put on. This ex-Bond Esprit later passed into German ownership, its last long-term owner carrying out a mechanical restoration. When the current owner acquired the car it was German-registered and had an incorrect interior, so Fulcher was commissioned to return the interior to the specification as used in the movie. Fortunately, he still had supplies of the original cloth and sufficient original carpet to trim just one car. (When the interior was stripped, some of the original carpet was found stuck to the transmission tunnel). Fulcher painstakingly restored the interior, and a photographic record of this is in the file. The seats were stripped back to the bare frames, the correct extruded aluminum trim was made, an original and correct VDO clock was sourced and mounted between the sun visors, an original Motorola radio was fitted, and he even found a spare missile launch button in his stores. The $22,185 end result is a credit to Fulcher's craftsmanship. Of all the many hundreds of “movie cars,” none is more desirable than the exclusive band with a James Bond connection, examples of which are rarely offered for sale. This faithfully restored Esprit is offered with a history file containing copies of the factory records (annotated “007”), assorted photographs of the restoration, and an owner's manual (for a Series 2). Alternatives: 1979 Ferrari 308 GTS (“Magnum, P.I.”), 1973 Corvette Stingray (“Corvette Summer”), 1967 Lotus Elan S3 (“The Avengers”) SCM Investment Grade: C Comps 1978 Lotus Esprit S2 JPS Lot# 58, s/n 78100461G Condition 2+ Sold at $33,669 H&H, Cheltenham, UK, 2/21/2006 SCM# 41339 1976 Lotus Esprit S1 James Bond Lot# 89, s/n 76070122G Condition 2 Sold at $52,937 Coys, Silverstone, UK, 7/24/1998 SCM# 22460 1979 Lotus Esprit S2 JPS Lot# 208, s/n 79060188S Condition 4Sold at $12,075 Cox, Branson, MO, 4/26/2002 SCM# 28130 Sports Car Market Bonhams

Page 39

SCM Analysis This car sold for $165,020, including buyer's premium, at the Bonhams sale at Olympia, London, on December 1, 2008. Timed as the new 007 movie “Quantum of Solace” brought James Bond back into the public eye, the sale of the classic white sports car “attracted worldwide attention,” said Bonhams, and it was bought by a private U.S. collector bidding on the telephone against a number of people in the saleroom. The new owner described himself as both a Lotus and James Bond aficionado, and said the car would be going to Atlanta, Georgia. This was one of two complete Esprits used in the filming of “The Spy Who Loved Me.” In the movie, using a combination of empty shells and scale models, Bond's Lotus turned into an amphibious car. In one of its more memorable scenes, Roger Moore drives out of the sea and up a beach, pausing only—complete with cocked eyebrow—to drop a fish out of the window (though how it got in there without Moore's drowning is unexplained). The other car is still in a Keswick museum During filming of the dramatic Lotus vs. helicopter chase sequences in Sardinia, this car was used as camera car for the other, which got most of the screen time. That car, PPW306R, was retained by Lotus and sold off in company with several other prototypes in 1998. It was bought for $52,937 by Peter Nelson, proprietor of the Cars of the Stars Museum in Keswick, in the north of England. It remains there, still registered PPW306R as in the film. The car here is said to be the one used for the tradi- tional set-piece in which Q hands over Bond's new car and shows him the gadgets. Who's to tell exactly which car appeared in which scene, as swapping the plates would only have taken minutes. Bonhams is a bit optimistic with its description here, as this is most likely not the true “star car,”but even if the “real”—or “other,” if you prefer—PPW appeared in most of the action shots, we can fairly say this car has Bond film provenance. It looks as though it has spent its recent life as a display car, hurriedly cosmetically restored, although the interior has been nicely retrimmed to film specification. The body, though uncrazed and with good panel fit, appeared various shades of white under the strip lighting at Olympia, and the rubber side mouldings, which hide the join between the top and bottom halves of the fiberglass body, are coming away at the rear. Curiously, the rear suspension is painted in various primary colors, like a Benetton race car. The period and model-correct Wolfrace alloys are in good shape and the motor is clean and tidy, though not concours. Bond provenance can be accurately calculated here, as the best early S1 Esprits can be bought for about $15,000, and this car went for eleven times that. Though Nelson feels the price was on the low side, I'd call this well sold. Market neither shaken nor stirred… ♦ (Introductory description courtesy of Bonhams.) March 2009 41 www.007magazine.co.uk www.007magazine.co.uk

Page 40

English Patient Austin-Healey 100S THE One in a 100 The Austin-Healey 100S was promoted as “Built for Racing, by Racing Specialists,” and it outpaces all other Healeys by Reid Trummel Of the 50 cars produced, 45 were blue and white The signature color scheme of the 100S was American racing colors of white and blue, perhaps in an attempt to appeal to the American market. Of the 50 examples produced, 45 were painted Old English White and Lobelia Blue, with two cars painted red, one painted Spruce Green for actor Jackie Cooper, one painted black, and one produced in solid white with a wide blue stripe for Briggs Cunningham. All 100Ss were right-hand drive, even though half were exported to the U.S. and just six were sold in the U.K. The rest were sent worldwide, including one to Tanzania (then Tanganyika) and one to Madagascar. The Madagascar car is still unaccounted for. The 100S achieved many racing successes, but it was never a world-beater. It was built for affluent weekend racers, and perhaps its most notable achievement came in 1954 when one finished third overall in the 12 Hours of Sebring. From that race it got its name—the “S” in 100S stands for Sebring. Despite a distinguished racing career, by the 1960s Most were white and blue Company with financing from Austin. The goal was to develop Austin-Healeys for racing and record-breaking purposes, and though outwardly similar to the 100 and 100M, each 100S was hand-built. Not counting prototypes, 50 were made in five batches of ten during 1955. As with T the standard 100 model, Jensen built and trimmed the bodies, but these 50 bodies were then delivered directly to the tiny Donald Healey Motor Company in the English Midlands town of Warwick. Assembled in WWII Quonset huts without automation or even adequate heating, the 100S differed from the 100 and 100M in many ways. The body and substructure were aluminum (only the front and rear shrouds were aluminum on production Austin-Healeys), there were Dunlop disc brakes all around (the 100 and 100M had drum brakes), trim was minimal (no bumpers), and there was no “weather equipment”—the nomenclature used to describe the pitiful folding top and side curtains of the other 100s. The 100S was promoted as “Built for Racing, by Racing Specialists,” and it wasn't just hype. The engine set the 100S apart. Retaining the basic Austin A-90 motor of the standard cars, the 100S had a unique Harry Weslake-designed cross-flow head with individual porting that placed the dual SU carburetors on the right side of the car, opposite that of the production cars. It also had a finned alloy combined oil cooler and filter, and unlike the standard 100 and 100M, all of which had a Laycock de Normanville overdrive, the 100S had a 2.92:1 axle ratio, making an overdrive superfluous. The 100S produced 132 hp, compared to 90 hp for the standard car and 110 hp for the 100M, giving the already-light car quick if not neck-snapping performance. 42 he Austin-Healey 100S is undoubtedly the most prized model of the marque, with prices far exceeding any other model. While Healey prices have risen significantly in the past few years, the 100S remains clearly in the lead. The 100S was the result of a project undertaken by the Donald Healey Motor the 100S was no longer competitive. Some disappeared and some were the victims of extensive modification and casual crash repair. However, that picture has now changed and today the cars that exist are well-documented and most often expertly restored. Ask these guys before you write a check Australian Joe Jarick has done much to preserve these cars. A 100S owner and leading historian, he made an in-depth study of these cars in the early 1970s while living in England. At that time, the Donald Healey Motor Company records were still intact and the 100S builders and racers were still around. Another dedicated 100S man is Ken Freese, for- merly an owner, now keeper of the registry established by Jarick in 1970. Freese keeps up with ownership and identifies fakes. Perhaps the most notable restorer is Australian Steve Pike, who operates Marsh Classic Restorations in Australia. Pike has personally restored 17 100Ss and been involved with three others. He travels the world providing expertise and assistance. There are also two Americans with extensive 100S restoration experience. Tom Kovacs owns and operates the Fourintune Garage in Cedarburg, Wisconsin. He has restored four 100Ss, including the Jackie Cooper car. Craig Hillinger, a 100S owner himself, operates The Healey Werks in Lawton, Iowa, and is currently restoring one 100S and researching another. There is little these men do not know about the his- tory, restoration, maintenance, and whereabouts of the 42 remaining 100S cars (of the 50 made, three are still Sports Car Market

Page 41

132 horses lurking in there missing and five are known to have been written off). Anyone contemplating a 100S would be wise to ask their assistance before writing a check. 100S Healeys rarely make it to auction Prices for the 100S have paced the overall rise in Austin-Healey values, and 100Ss rarely make it to auction. Jarick paid $500 for his first 100S (chassis 3701) in 1970, and the same car was sold in 2008—by the fourth subsequent owner—for the Australian equivalent of $563,000. As a shorter-term investment, recent years have been equally kind, as demonstrated by the purchase just two years ago of one of the non-Works cars (chassis 3603) for $235,000, and its sale in March 2008 for $472,000. It was offered by its American owner, and the English buyer was found within 48 hours. “S” for Sebring Everything you need and nothing more Other notable 100S sales include two of the few remaining unrestored examples. In the past year, Craig Hillinger both bought and sold the second one built (chassis 3502) for $500,000. Last year Hillinger bought another unrestored car (chassis 3804) from a private estate for $400,000. Although the car is in need of a total restoration, it has a particularly interesting history, and with prices headed upwards, it would be difficult to say that he paid too much, perhaps just bought too soon. Hillinger is also restoring chassis 3706 for a customer. Jarick has always maintained that the 100S is undervalued. He comments, “Where else can you find a Works-built, limited-production sports racing car that successfully ran in World Sports Car Championship events for that type of money? Compare the price of a 100S with that of a D-type or C-type Jaguar, and think of a 100S coming in close on the heels of these cars. Why is a 100S a fraction of their cost? Consider that in its day, a well-driven 100S would lap at the same speed as an Aston Martin DB3S. As the prices of 100Ss have increased, they have moved out of the reach of enthusiasts and are now owned by more wealthy collectors who suspect the car is potentially worth a lot more than they paid for it.” ♦ March 2009 43

Page 42

Etceterini & Friends Profile 1977 Maserati Merak SS The Merak gives an air of confidence and power, which is quintessentially Italian. But if you like the looks, why not get the power and buy a Bora instead? by Donald Osborne Details Years produced: 1977–83 (SS) Number produced: 600 approx. (SS) Original list price: $29,800 SCM Valuation: $15,000–$23,000 Tune-up cost: $750 Distributor caps: $100 Chassis #: On rear suspension upper support beam Engine #: Stamping on engine bellhousing Club: Maserati Club International, PO Box 1015 Mercer Island, WA 98040 More: www.maseratinet.com Alternatives: 1977 Ferrari 308 GT4, 1977 Lamborghini Urraco P300, 1977 Alfa Romeo Montreal SCM Investment Grade: D Comps Chassis no. AM122US2238 I n the world of auto design, the Italians are the acknowledged masters, and Giorgetto Giugiaro will always be at the top of the list. In 1968, Giugiaro established Italdesign and by 1972, when he designed the Maserati Bora and the Merak, he was recognized internationally. The lines of the Merak are among his most pleasing. It is beautiful from every angle and photogenic to a fault. In 1975, Alessandro DeTomaso purchased Maserati from Citroën. The Merak reached its zenith in the form of the SS, with improvements including the replacement of the hydraulics from the Citroën SM with conventional coil-over shocks and A-frames. The transmission was a reliable ZF unit used on the much more powerful and heavier Bora. Improvements were made to the ergonomics, and the elimination of the SM hydraulic suspension and tweaks to the frame design resulted in a weight reduction of over 300 pounds. With its larger 220-hp, 3-liter engine, the SS had a top speed of over 140 mph and reasonable fuel consumption in an ever-more fuel-conscious world. It fulfilled its promise as a reasonably priced supercar that could be driven with confidence. The Merak offered here is perhaps one of the finest. It has had only two owners, both in Texas, and has no previous rust or collision damage. It has always been garaged and has traveled fewer than 25,000 miles from new. It is fitted with factory air conditioning. This car has its original interior featuring tobacco leather. Other than a bare-metal respray to concours standards in the original Bright White and cosmetics such as wheel refinishing, engine tune, new factory exhaust, and com- 44 prehensive detailing, this fabulous car is true to form and entirely unaltered. The Merak SS has recently begun to come into its own in the eyes of collectors. For someone looking to add a rapidly appreciating, later-generation, performance-minded Maserati to his collection, this Merak SS offers a tremendous opportunity to achieve that dream. SCM Analysis This car sold for $31,900, including buyer's premium, at the Worldwide Group's Hilton Head Sports & Classic Car Auction held November 1, 2008. For readers who might be concerned that we at SCM spend too much time writing about cars only the wealthiest can afford, relax. Since I wrote last month about an Italian sports car sold at the Worldwide Group's November auction for $300,000, this month I'll cover one which brought $30,000. Along with the Mexico and the Indy, the Merak is one of the “forgotten” Maseratis. Almost identical in looks to the powerful V8 Bora, it served as both an “entrylevel” model for the Modenese marque, as well as a way to amortize the cost of the V6 created for the Citroën SM. In a reversal of the situation in the'60s, when every Maserati handily outsold its Ferrari equivalent, more of the hard-to-sell 308 GT4s were pushed out of Ferrari showrooms than Meraks by Maserati dealers. That Maserati was able to sell approximately 1,800 Meraks in the 1970s, a time when manufacturers around the world were reeling from the pressures of safety legislation, energy concerns, and economic uncertainty, is certainly impressive. However, Ferrari and 1974 Maserati Merak SS Lot# 555, s/n AM112U51398 Condition 3Sold at $23,850 Cox, Branson, MO, 4/20/2007 SCM# 44979 1983 Maserati Merak SS Lot# 544, s/n 460516 Condition 3 Sold at $28,463 Bonhams, Hendon, UK, 4/21/2008 SCM# 116544 1979 Maserati Merak SS Lot# 180070396749, s/n AM122AUS2522 Condition 3Sold at $19,950 eBay Motors, 5/28/2007 SCM# 45324 Sports Car Market Photos: The Worldwide Group

Page 43

Lamborghini offered the V8 308 GT4 and Urraco for the same $30,000 Maserati was asking for the V6 Merak. Why not go for V8 power in the Bora? In addition, in 1977 potential buyers could still also choose a Porsche 911S for around $16,000 with a newly galvanized chassis—if anyone cared about that in a GT. So why would anyone want a Merak, then or now? Without doubt, the Bora/ Merak is good looking, acknowledged as a great example of Giugiaro's work, a wonderful mixture of '60s voluptuousness with just enough '70s edge. They also give an air of butch confidence and power, which is quintessentially Italian. But if you like the looks, why not go for the power to match them and buy a Bora instead? Gas mileage? Even when gasoline in the U.S. was at or over $4 a gallon, you don't buy an Italian thoroughbred based on the EPA numbers. So, is the Merak an unsung hidden bargain or is it cheap because no one cares for a good reason? First, many collectors have been wrongly scared off from Maseratis of the Citroën era due to fear of the hydraulic systems employed in some models. This is totally unjustified today, with the current knowledge and experience available. Nevertheless, for cars built after the DeTomaso takeover, such as the Merak SS, it's irrelevant. I personally think the SM dashboard in the earlier cars is much more interesting—even with the oval dials and idiot lights—than the random assortment of boxes and cubes that replaced it. But the new panel is the visible manifestation of the re-Italianization of the brand. The Merak, in either version, is a pleasure to drive, well-balanced and capable of impressive performance, if you don't compare it back to back with its big brother Bora. It does not have the flexibility of the Urraco, or the handling, pace, or ride of the 308 GT4, but it does have without a doubt the best looks in the group. The “flying buttresses” give the shape a graceful- ness the Bora's heavier rear quarter lacks, and the simple detailing stands the test of time. Cars such as the Merak SS are practical to own and use, as they are essentially modern vehicles, and the V6 has the advantage over some rivals in employing timing chains rather than belts. That said, attention must be paid to the tensioner, of course. As for the catalog reference to “rapid appreciation,” it should be noted that while values of Maseratis have been steadily rising for the past few years, the Merak has basically been in a holding pattern in the mid $20,000 area since 1995. The sale of this example—stated to be “one of the finest”—at just over $30,000 makes sense at the top of that range. The estimated $35,000–$45,000 is where hopefuls have been looking for the Merak to go. Which it might, in another ten years. So to answer the question I posed further up the page, the Merak is an unsung bargain. Many don't care, because they don't know any better. If you want one of the last of the truly characterful Maseratis, a car equally at home on a drive to the movies or a 1,000-mile rally, you could do much worse than a Merak SS. However, as an appreciating asset, it's still an iffy proposition. Buy it for the drive, not as a future investment. ♦ (Introductory description courtesy of Worldwide Group.) March 2009 45

Page 44

German Profile 1989 Porsche 911 Carrera Speedster This price is good news for anyone who wants to enjoy a very special example of the most bulletproof 911 by Rob Sass Details Years produced: 1989 Number produced: 2,065 Original list price: $69,800 SCM Valuation: $45,000–$55,000 Tune-up cost: $600 Distributor cap: $50 Chassis #: Stamped in horizontal bulkhead aft of gas tank and door jamb Engine #: Stamped vertically on engine case on passenger side of engine cooling fan Club: Porsche Club of America 5530 Edgemont Drive Alexandria, VA 22310 More: www.pca.org Alternatives: 1983–86 Aston Martin Volante, 1990–92 Ferrari 348 ts, 1996 Chevrolet Corvette Grand Sport convertible SCM Investment Grade: C Comps 1989 Porsche 911 Speedster Lot# 30, s/n WPOZZZ91ZK5151747 Condition 1 Sold at $85,936 Chassis number: WP0222912KS151096 W ith the introduction of the 911 Speedster, Porsche revived a charismatic model from its past, the name previously applied to that most stylish of the many Type 356 variants. Based on the 911 Turbo Cabriolet, though normally aspirated, the 3.2-liter Speedster was launched immediately prior to the introduction of the new Type 964 bodyshell, and thus was the last 911 model to feature the “old style” body. The latter was reworked by chief stylist Tony Lapine, incorporating numerous references to the original 356 Speedster, as well as a pair of controversial “camel hump” cowlings behind the seats that concealed the stow-away manual top. One of the rarest of the 911 family, the 911 Speedster was built during 1989 only, a mere 2,102 cars being completed. This 911 Speedster is one of only 63 right-hand-drive examples supplied new to the U.K. market. The car was exported by its first owner to the U.S., where it joined the 823 Speedsters sold there new. However, it didn't exactly join the other cars, as despite an additional rear brake light being fitted, it remained in enforced storage, being noncompliant with America's more stringent emissions laws. Its second owner brought the Speedster back to the U.K. Finished in Anthracite with tan leather interior; the car 46 has covered just over 10,000 miles from new and remains in excellent, unmarked condition throughout. SCM Analysis This attractive Porsche sold for $57,572, including buyer's premium, at the Bonhams Olympia sale in London on December 1, 2008. The 911 Speedster, like the Mercedes McLaren SLR profiled in the October 2008 issue of SCM (p. 42), illustrates the folly of “instant collectability.” When new, at the height of the 1989–90 bubble market, many of these cars sold in excess of $100,000. By 1991, they were worth considerably less. That's bad news for any chumpstein still holding on to one bought in '89 for more than list, but good news for anyone who wants to enjoy a very special example of the most bulletproof 911. The 3.2-liter Carrera was the Goldilocks of air-cooled 911s—everything was just right. Not too complicated like the 964 and 993, but all of the major issues with the earlier cars like rust, head stud failure, and timing chain tensioners had been solved. The last two years of the Carrera added the improved G50 gearbox, larger dash vents, and better a/c. Wider wheels and tires mitigated the dreaded trailing throttle oversteer somewhat. Although not likely to be an issue 1989 Porsche 911 Speedster Lot# T287, s/n WPOEB0913K5173174 Condition 3 Sold at $50,600 Kruse, Hershey, PA, 10/9/2003 SCM# 36452 B&G, Melbourne, AUS, 3/7/2005 SCM# 37617 1989 Porsche 930 Convertible Lot# 1580.1, s/n WPO6EB093KS070531 Condition 1Sold at $55,000 Barrett-Jackson, Scottsdale, AZ, 1/12/2008 SCM# 48811 Sports Car Market Bonhams

Page 45

with any Speedster, these are heirloom quality cars that with care, will do 250,000 miles or more between overhauls. The charismatic Speedster added a low windshield, a simpler (and less insulated and weatherproof) but more rakish manual convertible top, and a fiberglass tonneau not unlike that found on a Thunderbird Sports Roadster a generation before. While not standard equipment, 1,894 Speedsters were ordered with option M-491, the factory wide body. It suits the looks of the car well, although the added 90 pounds of weight is at odds with the lightweight Speedster ethos. Taken to the U.S. and promptly impounded The Anthracite and tan color scheme was a welcome change from the usual Guards Red, black, or silver. Odd, however, was the fact that this RHD example was imported to the U.S. early in its life, where it acquired a distinctly unattractive third taillight. It was then impounded, as the extra brake light obviously did not fool the eagle-eyed bureaucrats at the DOT and EPA as to its non-DOT/EPA origins; they might also have been alerted by the placement of the steering wheel. The 911 Speedster market has done little in the last ten years. A car with particularly low miles like the one sold at Amelia Island in 2000 and profiled in the May 2000 issue of SCM might do 20% more, but this likely represents market price for now... and for the foreseeable future. Since they were almost all bought as an “investment” initially, few have accumulated more than 10,000 miles. One of the principal reasons 911s have been so successful is the overwhelming practicality packaged with Hartbrodt's Speedster Seat Time Rick Hartbrodt, Monterey, CA: I have owned a 1989 Porsche Speedster for about half a year. It has 21,000 miles on the clock and is always garaged. I love the cool cowl and low windows, and the car is a great runner. If there is anything to dislike on the car, I sure haven't found it. Stephen H. Ross, Calgary, Alberta, CAN: I used to store a 1994 Porsche Speedster during the winters for a friend. It was a special order from the factory, with RUF exhaust, beefed-up suspension, Recaro seats, and more. Two years ago, my friend relented to my constant pressure and sold it to me. I am the third owner and there are a meager 10,200 km on the clock. In Speed Yellow, this car is as much fun to look at as it is to drive. The stiffer suspension makes it extremely nimble, and the RUF exhaust plays a symphony with every tap of the right pedal. The car has been a worry-free, trouble-free joy to have. It is equally at home on the track as it is on the concours lawn. The 911 Speedster is an often-overlooked variant of the 911. However, while I would like to own a newer 911 as a companion to my Speedster, a different 911 would never be a replacement for it. performance. These are cars that can be driven to work without worry, and over time, the comfort and accessibility encourage frequent use. The Speedster takes away a chunk of that practicality and as a result, whether in its 356, 911 Carrera, or final 1993–94 C2 version, it has never been a high-volume seller. Since it is highly unlikely that 911 Carrera Speedster prices will approach their 1989–90 levels anytime soon, it seems reasonable for owners to start putting miles on these distinctive cars and use them as they were intended. In other words, as a driver this was well bought; as an investment, it was well sold. ♦ (Introductory description courtesy of Bonhams.) March 2009 47

Page 46

American Barn Find Profile 1963 Pontiac Super Duty LeMans Imagine if an unknown Van Gogh were discovered on eBay. In the muscle car community, the discovery of this Super Duty is no less stunning by Thomas Glatch Details Years produced: 1963 Number produced: 12 (coupes and wagons) Original list price: n/a SCM Valuation: $600,000 Tune-up cost: $150 Distributor cap: $19.99 Chassis #: VIN plate on driver's side doorframe Engine #: Pad on front of block below right cylinder head Club: Pontiac Owners Club International PO Box 68 Chassis number: 263P76752 and USAC stock car racing, and in NHRA drags. But by the summer of '62, Pontiac's competitive edge was beginning to wear off. In a sport where a victory can be measured in the B blink of an eye, weight was one major component to success. Engineers said 100 lb equaled one-tenth of a second in elapsed time, and Chevrolet, Ford, and Chrysler were putting their Super Stock and Factory Experimental racers on serious diets while boosting horsepower. For the 1963 model year, Pontiac created 14 special Super Duty Catalinas in the hope of gaining back its advantage. Many aluminum sheetmetal components were created, and the frames had so many weight-reducing holes punched in them, they became known as the “Swiss Cheese” cars. But the new Catalina was still at least 200 lb too heavy, especially when compared to the mid-size Dodge 330s and Plymouth Belvederes. With the Winternationals approaching, Pontiac took drastic winner-take-all measures. Two Pontiac Tempest coupes assembled in November 1962 were sent to the shops of Ray Nichols and Mickey Thompson. They each installed 421-ci Super Duty engines in the compacts and replaced the Tempest's unique “rope” driveshaft and rear Corvair-based transaxle with a conventional transmission and narrowed Catalina rear end. The results were beyond fast—Bill Shrewsberry dominated the Winternationals A/FX class with Mickey Thompson's Tempest, his 12.03 best time a good half-second faster than the competition. On December 12 and 13 of that year, six LeMans coupes were built minus radio, heater, and sound deadening. Aluminum front clips were added, and 421 Super Duty engines installed. Pontiac engineers created a heavy-duty “Powershift” 4-speed automatic transaxle that included a 10.6-inch clutch for launching off the line. With a trunk-mounted battery and a twelve-gallon fuel tank, the Super Duty LeMans coupes weighed around 48 y the late 1950s, the horsepower race was on, and stock-bodied racing was the perfect place for Detroit to display its latest engineering feats. Pontiac was the car to beat, both in NASCAR 3,150 lb and had nearly 50/50 weight distribution. In January 1963, six more Tempest station wagons were given the same treatment, which resulted in a bit more rear weight bias. The dozen compact terrors went to the best Pontiac teams and drivers, including Arnie Beswick, Arlen Vanke, and the legendary Mickey Thompson. Detroit-area racer Stan Antlocer also bought one of the Super Duty LeMans coupes, through Stan Long Pontiac. Stan and his father ran a speed shop in the area, and campaigning throughout Michigan, Stan won often, with an amazing best time of 11.93 at 123.95 mph. Since the Powershift transaxle could use only a 3.90:1 gear, the Antlocers replaced it with a conventional 3-speed manual and narrowed Catalina rear axle, running a 2.28 first gear and 4.30:1 rear. Stan Antlocer called his racer “the world's fastest Tempest.” On January 24, 1963, General Motors announced it was suspending all racing activity. With as much as 53% of the American market, the General was always a target for anti-trust action from the Feds. Fearing exposure of their racing activities, GM announced the ban, with severe punishment promised to any employee who dared to ignore the edict. The factory support and engineering were suddenly gone, and spare parts dried up quickly. Some of the original Super Duty owners raced their cars into the 1964 season. Stan Antlocer remembers selling his LeMans to someone in Ohio in 1964, and this car, like most of the other '63 Super Duty cars, was lost to history. Of the dozen Super Duty compacts built, only three are extant. SCM Analysis This 1963 Pontiac LeMans Tempest, without engine or transmission, sold for $226,521.63 on eBay Motors on November 9, 2008. The seller wrote: “1963 PONTIAC LeMANS TEMPEST. WAS MANUFACTURED IN ‘63 AND ON A 1/4 MILE TRACK IN 64. I KNOW LITTLE ABOUT THIS VEHICLE FOR THE OWNER PASSED AWAY LAST YEAR. THERE IS NO MOTOR, TRANSMISSION, OR KEYS FOR IT. 1963 Pontiac Tempest Super Duty Lot# S113, s/n 163P99224 Condition 1 Sold at $656,250 Mecum, St. Charles, IL, 6/10/2006 SCM# 43090 Sports Car Market Maple Plain, MN 55359 More: www.poci.org Alternatives: 1964 Ford Fairlane Thunderbolt, 1968 Dodge Dart Hemi, 1969 Chevrolet Camaro ZL1 SCM Investment Grade: A Comps 1961 Pontiac Ventura Super Duty Lot# S94, s/n 561P3671 Condition 1Sold at $157,500 Mecum, St. Charles, IL, 10/5/2007 SCM# 47024 1963 Pontiac “Swiss Cheese” Catalina Lot# S112, s/n 363P104314 Condition 1 Sold at $462,000 Mecum, St. Charles, IL, 10/6/2006 SCM# 43086

Page 47

to take possession of the car based on rent owed. Now Dale, the seller, was cleaning out his garage... Stan Antlocer even chimed in on the online discussion “APPEARS TO HAVE ORIGIONAL WINDSHIELD, SIDE GLASS COMES WITH IT BUT APPEARS TO HAVE PLEXIGLASS IN ITS PLACE.” The seller, from Harrison, Michigan, clearly had no idea what he was selling (or how to turn off the Caps Lock key). Bidding started at $500, but a day later he wrote: “OK PEOPLE = ENUF IS ENUF... I POSTED THIS ITEM 24 HOURS AGO AND IT HAS 2000 HITS, OR MY COUNTER IS BROKE. “ALL I CAN FIGURE OUT IS THAT PEOPLE ARE SEARCHING FOR PICTURES OF MCAIN OR OBAMA. WILL SOMEONE PLEASE TELL ME WHY THERE ARE SO MANY VIEWS. I MIGHT EVEN POST IT.” Then someone wrote back: “FYI You hit the lottery on this one. This is a factory PONTIAC-built Super Duty race car. Whatever you do, let the auction run. The VIN is verified on page 129 in Pete McCarthy's book, Pontiac Musclecar Performance, 1955–79. If you didn't have a 401K, you do now.” That's right. This was the missing Stan Antlocer Super Duty LeMans, the fourth of the Super Duty compacts known to have survived. Imagine the buzz in the art community if an unknown Van Gogh were discovered for sale on eBay. In the muscle car community, the discovery of this Super Duty is no less stunning. The seller was cleaning out his garage The car was owned by the seller's next door neighbor, who stored the LeMans for years in the seller's garage. The owner passed away recently, and the seller was able to confirm that it was his car. One bidder tried to get the owner to take $160,000 and call off the auction, which he rejected. Bidding stalled at $95,000 with just seven minutes to go, and it looked like the owner's gamble failed. Then, in typical eBay fashion, bidding took off. In the end the successful bidder shelled out $226,521.63 for the LeMans. The new owner has work to do, of course. The original aluminum front clip is not with the car, though it has been located in Florida. Finding the correct Super Duty engine and other missing components will be expensive, too. But the car is sound, with only surface rust, and many of the rare Super Duty parts were stored in the trunk. A proper restoration might cost $100,000 or more—is it worth it? On October 6, 2006, Mecum auctioned the Pontiac collection of the late Randy Williams. Williams owned two of the three then-known Super Duty compacts—one coupe and the only known wagon. The Swiss Cheese Catalina coupe sold for $462,000 that day. Also sold was Williams's big Tempest wagon for $656,250. Those prices were validated one year later, when, on October 5, 2007, Mecum again auctioned the two former Randy Williams Super Duty compacts, this time as a set. Bidding reached $925,000 for the pair, but they did not meet reserve. The automotive world has another Super Duty in its midst, the seller has his 401(k), and the successful bidder has got his hands on a piece of history, which should provide a handsome payback on his investment once the wrenching is finished. ♦ March 2009 49

Page 48

Race Car Profile 1955 Ferrari 121 LM Spyder Corsa Though beautiful, the 6-cylinder, 121 LMs were overpowered, under-braked, evil-handling, notoriously unreliable, and historically unsuccessful by Thor Thorson Details Years produced: 1955 Number produced: 4 Original list price: n/a SCM Valuation: $3m–$4m Cost per hour to race: $2,000 Distributor cap: $900 (x 2 caps) Chassis #: Center of front crossmember Engine #: Right side of block roughly center Club: Ferrari Owners Club 18000 Studebaker Rd., Ste. 700 Cerritos, CA 90703 More: www.ferrariownersclub.org Alternatives: 1955–58 Maserati 300S, 1953–55 Jaguar D-type, 1953–56 Aston Martin DB3S SCM Investment Grade: A Comps Chassis number: 0558LM T his magnificent sports prototype Ferrari was the fifth and last of the select batch of 6-cylinder big-engined projectiles that provided the absolute spearhead of the factory Ferrari's endurance rac- ing campaign for 1955. These gorgeously aggressive and exquisitely pro- portioned cars were powered by Tipo 118 and Tipo 121 6-cylinder twin-overhead-camshaft engines in 3.7- and 4.4-liter form. This particular vehicle was assembled upon a Ferrari Tipo 509 (510) Allungato chassis, and it proved to be the most prominent of the three Ferrari 121 LMs to be built new to this specification at Maranello. SCM Analysis This car sold post-block for $3,544,796, including buyer's pre- mium, at Bonhams's Gstaad, Switzerland, auction on December 20, 2008. Looking at the upcoming 1955 racing season, Enzo Ferrari had a problem. In the previous few years, literally all the rules of winning in auto racing had changed radically. Jaguar had brought out the very aerodynamic, disc-braked, monocoque-chassis D-type, and Mercedes had raised the bar in breathtaking fashion with its 300SLR. To face this challenge, Ferrari had the 750 Monza, a 3-liter 4-cylinder car that had been introduced for 1954. The aerodynamics were pretty good, but it didn't have the chassis, the brakes, or the sophistication of the Brits and the Germans, and there wasn't a lot of time or money available to start over. The response was classic Ferrari: Take what you‘ve got and add horsepower. During this period, Ferrari did 50 not use the V12 engines in their team racers. I'd guess it had to do with weight and size for the horsepower generated, and three liters seemed as big as you'd dare build a racing four, so the obvious answer was to build a six. The next obvious thing was to not reinvent the wheel in designing a six. Ferrari had two well-proven 4-cylinder designs in production; why not just add cylinders and expand one of them into a six? (Actually, in retrospect, there are a number of good reasons, but we'll talk about that later.) The first approach was called the Type 118, which took the 625/500 Mondial design and made it into a 3.7-liter six. This ran at Buenos Aires and again at the Targa Florio in the early season, but was replaced with the Type 121 engine in time for the Mille Miglia in April. The Type 121 was the same concept applied to the 750 Monza design, but with the 4.4-liter engine that made 360 horsepower. All of the Type 118s were eventually converted to the 121 engine, with at least one chassis built specifically as a Type 121. These were to carry the flag as the factory team entries for the remainder of the 1955 season. The worst handler Ferrari ever built As it turned out, they didn't carry it for long. Though immensely powerful, the 6-cylinder cars turned out to be somewhere between inadequate and flat evil to drive (they have been described as “the worst handling sports racing car that Ferrari ever built”), and they were unreliable to boot. In scaling from a four to a six, Ferrari discovered what others already knew—big sixes need 1956 Ferrari 860 Monza Lot# 453, s/n 0604M Condition 1- Sold at $2,057,001 RM, Monterey, CA, 8/15/2003 SCM# 36112 Sports Car Market 1953 Ferrari 340 MM Lot# 222, s/n 0268M Condition 2+ Sold at $3,118,500 RM, Maranello, ITA, 5/20/2007 SCM# 45297 1957 Ferrari 500 TRC Lot# 472, s/n 0670MDTR Condition 2 Sold at $2,285,000 RM, Monterey, CA, 8/18/2006 SCM# 42568 Bonhams

Page 49

is the first “big” Ferrari to come to public sale since then. Can it tell us something about what is happening? I think so, but it's preliminary, and as always, a more complicated tale than we'd like. We need to look at this specific car a bit more care- fully. Depending on who you believe, 0558 was either the Maglioli 3rd-place car or Castellotti's glorious DNF in the Mille Miglia. It was definitely the Hill/Maglioli car at Le Mans, and it's the only one that had any success in the U.S. when they came over here, so the history is good. In its later years it reputedly passed through Richard Merritt's hands, then on to Pierre Bardinon's Mas du Clos Collection, before spending over 20 years with Antoine Midy, which is the kind of ownership history collectors long for. Whispers suggested engine irregularities On the other hand, there were whispers about the engine. According to noted collector Peter Sachs (Cavallino #86), the car was discovered in a New Jersey garage without its engine, and the whispers suggested irregularities with the number stamping on the block. Plus there were no Le Mans scrutineering stamps, as would be expected, so is it the original engine? On the other hand, they only built four, maybe five, of these cars, ever. vibration dampeners on the crank or they self-destruct, either breaking the crank or shaking off the flywheel. The Ferrari architecture left no place to install one, so they tried it without one, and it didn't work. The car was not a complete catastrophe. Umberto Maglioli finished third in the Mille Miglia (45 minutes behind Moss's winning SLR), and Eugenio Castellotti actually challenged Moss in the early going with a display of truly Italian overdriving before the engine failed, but aside from that the 118/121 was an exercise in frustration for all involved. The cars were brutally fast on the Mulsanne Straight at Le Mans, but still no match for Mercedes or Jaguar in lap times, and they retired with engine failures relatively early. After Le Mans, Ferrari abandoned the six-cylinder cars and finished the season with four-cylinder Monzas. They had come to the understanding that for most races, tires and brakes limited useful engine size to 3.5 liters or so. The 121s were all shipped to the U.S. in hopes that sheer power would be more useful there. Again, it was not to be. One of them went out of con- trol and killed driver Ernie McAfee at Pebble Beach, and “Gentleman Jim” Kimberly could never get his to work at all. Carroll Shelby had a huge win at Elkhart Lake (in the subject car) and again at Beverly, Massachusetts, but he was not exactly a fan. He was quoted in Cavallino #86 as saying, “What kind of car was the 4.4? It was a turd. You had to be very careful about how you applied the power, and the only tire you could use was a soft Engelbert tire; it had a cotton cord and it was flexible. I made Chinetti weld the flywheel to the crank before I would drive his car. Those flywheels would not stay on—they were lucky they didn't cut someone's legs off.” Though arguably one of the most beautiful of 1950s Ferraris, the 121 LMs were never the stuff of legend. They were overpowered, under-braked, evil-handling, notoriously unreliable, and historically unsuccessful. So here we are, 53 years later, watching one of the four known to exist (#484, #532, #546, and #558) come across the auction stage. The collector world has gone mad for Ferraris in the past few years, but the world's economy has just gone completely into the tank, and this March 2009 51 Where are you going to find an incorrect engine to install? The real issue in trying to establish a value for this car is simple enough. Though an excellent car, it's not a V12. It seems that the best way to predict the market for a racing Ferrari is to take some basic number based on condition, beauty, history, etc., then multiply it by the number of cylinders. Like it or not, the (4-cylinder) 860 Monza is worth roughly a third of what a (12-cylinder) 290 MM is worth, and except for the engine, they are the same car. You'd thus expect that this six would be worth about half of an equivalent twelve, and sure enough, that's pretty much what it sold for (if you could find a 410 Sport, which is effectively this car with a twelve, it appears you'd have to pay north of $6 million for it). The answer to the question we've all been asking appears to be that for now, at least, the value of seriously collectible Ferraris is holding. I'd say this car was fairly priced and rationally bought, with or without the crisis. And even though this car (and indeed this model) is judged a modest success, at best, in terms of period racing results, it remains a blue-chip collectible due to its place in Ferrari race car history. ♦ (Introductory description courtesy of Bonhams.) Jérôme Hardy Jérôme Hardy

Page 50

Market Reports Overview Six Winter Sales Total $26m Several sales saw totals below last year's marks, but some also showed increases by Jim Pickering just a year prior. However, good cars continued to bring solid numbers in most locations, and while several sales slipped from their 2007 marks, some showed increases, and respectable numbers were achieved nearly everywhere. As always, SCM's Auction Analysts were present to make note of each sale as it took place. Analyst Norm Mort made his way to RM's Toronto sale T in late October, where 179 of 391 cars changed hands for a final total of $2.2m. Although totals were significantly down from last year's $4.2m, more cars were offered and sold, and the sales percentage remained at 46%. A fall in the value of the Canadian dollar resulted in a few bargain prices for U.S.-based buyers, including a 1931 Chevrolet 5-window coupe at $15,962. Bonhams & Goodman's sale of the Dawson-Damer Collection took place in Sydney, Australia, on November 16, with 20 of 25 cars selling for a combined total of $3.3m. Comprised mainly of Lotus single-seat racers, the collection included Jim Clark's 1962 Lotus 25 Formula One World Championship winner, which hammered sold at $998,524. Analyst Chris Bowden found that although many foreign accents were in the room due to a fall in the Australian dollar vs. the U.S. dollar, most of the cars sold remained Down Under. McCormick's late November sale in Palm Springs, California, saw 299 of the 535 cars on offer change hands at $4.8m—a result down only about $100k from last November's $4.9m result. However, as Senior Auction Analyst Carl Bomstead noted, the majority of the lots sold brought under $40k, and those looking for more generally ended up taking their cars back home with them. SCM 1-6 Scale Condition Rating: 1: National concours standard/ perfect 2: Very good, club concours, some small flaws 3: Average daily driver in decent condition 4: Still a driver but with some apparent flaws 5: A nasty beast that runs but has many problems 6: Good only for parts 52 he closing months of 2008 followed the same trends seen throughout the market during the third quarter of the year, with most sales seeing fewer consignments and lesser totals than those from Sales Totals Bonhams, Gstaad, CHE McCormick, Palm Springs, CA RM Auctions, Toronto, CAN Bonhams, London, UK Bonhams & Goodman, Sydney, AUS Auctions America, Raleigh, NC $4,810,943 $7,072,613 $2,237,026 $3,896,167 $3,333,925 $4,920,374 Bonhams's annual early December sale in London sold 60 of 97 cars for a final total of just under $3.9m, which, while relatively respectable in its own right, was well under last year's $17m result. Auction Analyst Paul Hardiman was present to cover the lots on offer, including James Bond's 1976 Lotus Esprit used in “The Spy Who Loved Me.” It brought $165,020, while a 1931 Bentley 8-Liter with a Sedanca deVille body by Mulliner was the day's high sale at $506,900. Analyst Chip Lamb traveled to North Carolina for Auction America's Raleigh Classic on December 5, where totals reached just over $4.9m for 171 of 275 cars—a substantial improvement over last year's $3.9m for 153 of 230 cars. Lamb noted that sales were brisk throughout the weekend, with Friday's group of mostly-Mopar lots starting a sales trend that would last throughout the remainder of the event. A 1946 Buick Roadmaster convertible topped the sales chart at $116,640, while a 1927 Cadillac phaeton followed closely behind at $99,360. Gstaad was again the place to be for those in the market for a Ferrari in December, as Bonhams returned to the Palace Hotel just before Christmas for its annual “Ferrari et les Prestigieuses Italiennes” event. Sales here also saw an increase over last year, with 17 of 36 cars bringing $7.3m, as compared to last year's $6.1m for 26 of 41. Analyst Jérôme Hardy noted that although numbers were up, the sale was by no means an easy job for Bonhams, with several high-end no-sales keeping tensions high. A 1955 Ferrari 121 LM made high sale honors post-block at $3.5m. Finally, Geoff Archer celebrates the temporary return of cheap gas in his eBay Motors report, with a number of ways to burn it—and the tread from your tires—in style. ♦ Top 10 Sales This Issue (Land Auctions Only) 1. 1955 Ferrari 121 LM spyder corsa, $3,544,796—Bon CHE, p. 56 2. 1962 Lotus 25 Formula 1 racer, $998,524—B&G, p. 91 3. 1967 Ferrari 275 GTB/4 coupe, $981,551—Bon CHE, p. 60 4. 1965 Ferrari 275 GTS spyder, $562,380—Bon CHE, p. 58 5. 1931 Bentley 8-Liter Sedanca de Ville, $506,900—Bon Lon, p. 75 6. 1925 Bentley 3-Liter Supersports Brooklands roadster, $409,220—B, p. 74 7. 1979 Lotus 79 racer, $373,442—B&G, p. 91 8. 1933 Alfa Romeo 6C 1750 Gran Sport Sixth Series Supercharged cabriolet, $342,683—Bon CHE, p. 56 9. 1955 Ferrari 250 GT Prototypo Boano coupe, $330,057—Bon CHE, p. 56 10. 1961 Maserati 3500 GT Vignale spyder, $314,906—Bon CHE, p. 56 1. 1962 Lotus 25 Formula One racer, $998,524—B&G, p. 91 2. 1955 Ferrari 250 GT Prototypo Boano coupe, $330,057—Bon CHE, p. 56 3. 1931 Chevrolet Independence 5Window coupe, $15,962—RM, p. 93 4. 2004 Koenigsegg CC8S targa, $254,560—Bon Lon, p. 78 5. 1970 Plymouth 'Cuda 2-dr hard top, $58,320—AA, p. 86 Sports Car Market Best Buys

Page 52

Bonhams Gstaad, CHE Ferrari et les Prestigieuses Italiennes Total sales reflected a 20% increase over last year, but there were a lot more racing pulses this year. It's not a business for the faint of heart Company Bonhams Date December 20, 2008 Location Gstaad, Switzerland Auctioneer James Knight Automotive lots sold / offered 17/36 Sales rate 47% Sales total $7,282,550 High sale 1955 Ferrari 121 LM sports racer, sold at $3,544,796 Buyer's premium James Knight worked hard to sell the 121 on the block, but success came later Report and photos by Jérôme Hardy Market opinion in italics M atthieu Lamoure and the Bonhams team took chances when they assembled cars for their 11th Winter auction in Gstaad, Switzerland, the last auction of 2008. The market was wavering and the world was watching. The 2008 catalog offered 36 automobiles, 29 being Ferraris, for a total mid-estimate of $24m, or $600,000 per automobile (double last year). It was “risky, high-end loaded” with three exceptional Ferraris representing half of the value of the entire sale. The cars included a 1955 121 LM raced by Phil Hill at Le Mans that was estimated at $4.2m-$5.9m, a 1951 212 Export estimated at $2.5m$3.5m, and a 1958 250 GT Tour de France Aluminum estimated at $3.6m-$4.5m. Clearly, the event depended on the sale of these three automobiles. Last year's sale offered 41 automobiles—50% Ferrari, 50% other Italians—for a total mid-estimate total of $12.6m, or a $300,000 average per automobile. The “star car” was a Ferrari 275 GTB/2 6C that sold for $1m. 26 cars sold for a total of just under $6.1m, mostly the “expensive” Ferraris, which represented 70% of that number. My recommendation in the March 2008 issue of SCM was to offer more expensive Ferraris in 2009. But this year, the ambiance in the Palace Hotel had changed. Confident faces and jokes were replaced by 54 uncertain smiles. No one was willing to forecast the result of the sale. Auctioneer James Knight opened the show at 4 pm following a suc- cessful memorabilia sale in front of a packed room of 150. Twenty minutes later, tension was clear on most faces as it looked like none of the six first lots, including two of the expensive Ferraris from Antoine Midy's estate, had sold. By 6 pm, the notable sales included a 1967 Ferrari 275 GTB/4 in mint condition for $981,551, a 1965 Ferrari 275 GTS at $562,380 (the same car that sold at $691,698 here last year) , a 1933 Alfa-Romeo 1750 SC Castagna-bodied convertible coupe at $342,683, a 1961 Maserati 3500 GT Vignale Spyder at $314,906, and a few Dinos and other 250 road cars in the $200,000 range. Luckily, Bonhams secured a post-block sale of the 121 LM race car at $3,544,796, and a TestaRossa re-creation at $209,937. When the dust settled, total sales came to nearly $7.3m for 17 cars—a 20% increase over last year's $6,078,313. But there were a lot more racing pulses this year; it's not a business for the faint of heart. As said many times in SCM, exceptional cars continue to sell, but they're bringing below 2008 price levels in the short term, as many players are now risk-adverse thanks to the combination of the global financial crisis, made worse by the shenanigans of Bernard Madoff and his ilk. At the other end, this is probably the time to grab good deals like the 1933 Alfa Romeo at $343,000. Average cars will just stay average. ♦ $1m $2m $3m $4m $5m $6m $7m $8m Sales Totals 2008 2007 2006 2005 2004 16% on the first $136,500, 11% thereafter, included in sold prices ($1=1.11 CHF) Sports Car Market

Page 54

Bonhams Gstaad, CHE TOP 10 No. 8 #226-1933 ALFA ROMEO 6C 1750 GRAN SPORT Sixth Series Supercharged cabriolet. S/N 121215037. Eng. # 121215037. Red/black fabric/black leather. RHD. Odo: 11,460 km. 1750 Gran Sports are usually Zagato bodied and go for $1m+. This is a heavier Castagna body with full top on the same efficient chassis. Restored to very high level in 1986 and still shows well aside from one door not fitting properly. Paint, chrome, and wheels very good, interior redone recently, engine bay detailed. A classy entrant to any vintage rally. Cond: 2. SOLD AT $342,683. This car failed to sell for $720,000 at Bonhams' Carmel sale in August '08 (SCM# 117450), which shows the owner was expecting more. The low estimate in the Gstaad catalog was $640,000, which was then dropped to $400,000 just before the sale. At half of what was asked six months ago, this was a very good buy. #204-1955 LANCIA AURELIA B24 Spider America. S/N B241008. Eng. # B241136. Black/black cloth/red leather. RHD. Odo: 35,933 km. Restored in multiple stages over seven years to finally come up as a finished car following color changes and more. Paint, chrome, rubber, and Borranis flawless, red interior gorgeous, engine bay and undercarriage spotless. A desirable car in an attractive condition and on the button for a racing car following long term ownership by Antoine Midy. Engine fully rebuilt in 2006. Cond: 2+. SOLD AT $3,544,796. Sold post-block below the low estimate. It's difficult to value such a piece in this potentially volatile market, but whether or not this was a wise financial decision will become clear in a few short years. Regardless, this car had both a good look and excellent history, and nobody ever complains about paying too much for a great car. See the profile, p. 50. TOP 10 No. 9 #208-1955 FERRARI 250 GT Prototypo Boano coupe. S/N 0435GT. Eng. # 0435 GT. Gray/black leather. Odo: 91,407 km. The fourth of approximately nine cars built by Pinin Farina before production was transferred to Boano. Recently completed restoration to good although not show levels. Gray paint glossy on well-prepped panels. Rubber and and undercarriage clean. Cond: 2+. NOT SOLD AT $3,367,000. 0903GT had many desirable features, including an aluminum body and covered headlights, but with no history (or worse, a strange one), the value is challenged. RM failed to sell a car with racing pedigree in Monterey in August '08 at $3,900,000 (SCM# 117468), so at close to the low estimate, this one could have sold. #230-1959 FERRARI 250 GT Series II coupe. S/N 1629GT. Eng. # 1629GT. Navy blue/beige leather. Odo: 1,108 km. Restored to a high level seven years ago. Paint flawless, new rubber fitted, brightwork OK but for wavy rear bumper. Polished Borranis excellent, interior as-new, dash very good, engine bay detailed. A good example in a distinctive color combination. Cond: 2+. NOT SOLD AT $200,200. Last seen at Bonhams' Fontvieille sale in May '04, where it sold at $146,865 (SCM# 34140). These attractive coupes trade in the $300k$350k range, and as such, this one deserved more than the high bid in today's market. TOP 10 No. 10 #213-1961 MASERATI 3500 GT Vignale spyder. S/N AM1011319. Gray/black fabric & hard top/dark blue leather. Odo: 34,110 km. History known since new. Originally red with matching hard top and white leather interior. Rotisserie restoration in 2004 to very high levels, today mint in its gray livery. Delivered with chrome redone, but rear bumper wavy. Some nicks on Borranis. Glass very good. Interior reupholstered with nice dash and steering wheel. Engine bay and undercarriage clean. Cond: 2-. SOLD AT $330,057. This car had attractive styling with its low roofline over simple though remarkable body lines, and the recent restoration showed relatively well, with only few needs noted. Sold at no reserve well below the $500k low estimate, and a good buy at that price. #216-1958 FERRARI 250 GT Tour de color combination. Cond: 1. NOT SOLD AT $354,900. B241008 was sold by Bonhams at its Fontvieille sale in May '02 for $118,000 (SCM# 28391), then a light blue car with dark blue leather and steel wheels. It was described as being in 1- condition as a result of a 2001 fresh restoration. Well, in my opinion, it should have stayed that way. Re-restoring an already good car does not bring definite value, and the high bid here should have been accepted. TOP 10 No. 1 #205-1955 FERRARI 121 LM spyder corsa. S/N 0558LM. Eng. # 0558LM. Rosso Corsa/red leather. RHD. A sig- nificant piece of motoring history, having run in the 1955 24 Hours of Le Mans and the 1955 Mille Miglia. Ex-Phil Hill, Eugenio Castellotti, Umberto Maglioli, and Carroll Shelby. Mint 56 France coupe. S/N 0903GT. Eng. # 0903GT. Red & dark blue/red & black leather. Odo: 53,416 km. No racing history. Spent its entire life in Sweden and was dismantled for 34 years before being put together in 2006. The result is a strange blend of originality (the Borranis, the scratched windshield) and “as new” (the interior). Paint done to a decent quality, driver's door sags when opened. Engine bay period-correct hard top and triple Webers. An attractive car in excellent condition. Cond: 1-. SOLD AT $314,906. A record price for a 3500 GT Spider. Maserati prices have followed the Ferrari upward trend over the past three years, but it's still just half the price of a 1961 Ferrari 250 GT Pininfarina convertible. #215-1962 OSCA 1600GT coupe. S/N 00103. Eng. # 00103. Red/black vinyl. Odo: 13,026 km. One of 24 1600GTs with a Fissore body, with 98 others by Zagato. Restoration from the late '80s now showing its age. Missing bumpers and badges, paint OK, mags marked. Driver's side window scratched, mechanism broken. Interior of a race car, with electrical wiring hanging below black metal dash. An interesting car in driver condition. Cond: 3+. SOLD AT $68,614. Sold mid-estimate. OSCAs have wonderful chassis and engines. The most sought-after are the Zagato-bodied cars, which Sports Car Market

Page 56

Bonhams Gstaad, CHE Alfa Bits Recent Il Biscione sales on eBay by Geoff Archer (All English within quotes exactly as presented by sellers on eBay.) #220249405287-1967 ALFA ROMEO GTV 2+2 coupe. Red & black/black w/blue racing seats. 8 Photos (which are so obtuse and up close that they would make a great ‘whatizit?' contest). Broomfield, CO. Former SCCA racer car with mild flares. “215 buick aluminum V8 engine (which weighs about 30 pounds more than the alfa engine with a lower center a gravity)... built as a race engine by Colorado Custom Machine (About $10K) with can reach $100k+. A 1600GT Fissore sold on eBay in July '06 for $76,000 (SCM# 41384), and given this one's condition, I'd call this price market correct. #224-1962 FERRARI 250 GTE coupe. S/N 3003. White/black leather. Odo: 22,521 km. Earlier 250 GTE with three separated taillights and flush front light bezels. Fresh total restoration looks good from 30 feet, but filled-in passenger side jack holes indicate Bondo. Rear bezel partially painted rather than chromed, all the upgrades.” Street racer interior with roll bar, StewartWarner gauges, blue seats, and a red steering wheel. “One of the fastest alfas in the country!” 0 bids, sf 149. Cond: 3. NOT SOLD AT $6,000. Being a no-sale did not surprise me given the presentation. It was surprising there were zero bids and it was not relisted. Maybe it sold locally at the $15k Buy-It-Now? That sounds about right. #190267419313-1967 ALFA ROMEO GTV 2+2 coupe. S/N AR248600. Red/gray cloth. Odo: 88,500 miles. 24 Photos. Boulder, CO. “Remarkably original and complete, nice running car, but does need some work. Originally delivered in Frankfurt, Germany.” Tired repaint, some rust, cracked other chrome and glass OK. Interior redone in correct pattern, engine bay clean. Cond: 3. SOLD AT $137,228. 250 GTEs have been on the rise, and that has brought restored cars to the market that would not have been restored before. Considering that a really shabby one sold in Paris one year ago for the same amount (SCM# 63032), this one can still be considered a fair buy. windshield. “Interior is fair and basically just well worn and original.” Good compression. “The car runs very well and is surprisingly fast for its size. Don't be fooled into thinking you need a 2liter, the 1600's rev great and are super fun.” 29 bids, sf 51, bf 29. Cond: 4+. SOLD AT $7,500. Market correct for an entry-level classic Alfa with needs. #270309032825-1974 ALFA ROMEO GTV 2+2 coupe. S/N AR3025047. LeMans Blue w/GTA stripe/tan leather. Odo: 5,000 miles. 14 Photos. Los Angeles, CA. “A great fresh GTV that makes it up and down the coast ALL THE TIME. I live in LA and I go to SF about 10 times a year and I take it up there every time I go. 6 hours in this thing is no problem.” Bare metal respray with some professional welding required but no Bondo found. New German carpet and headliner. “Little BS things” to fix include “interior light, sticky door handles, door alignment, etc.” 33 bids, sf 0, bf private. Cond: 2. SOLD AT $14,101. Though not quite as clean as the '71 that brought $35,100 on eBay in July (SCM# 117335), I can't see why it should trade for less than half as much. I'll bet if this had been featured on bringatrailer.com, it would have pulled the additional $5k–$7k it easily deserved. Well bought. ♦ 58 high with good panels, paint, dash, and engine compartment. Still presents very well. Cond: 2. SOLD AT $209,937. What do you do with it? It does not open the doors of most key events, and if it's accepted, it won't be appreciated. It would be fun to use it on the road, but there are many other alternatives at this price level. #233-1963 AUTOBIANCHI BIANCHINA Eden Roc cabriolet. S/N 110B122004091. White & black/red & black vinyl. Odo: 5,049 km. History known. Restored over time using #232-1963 FERRARI 250 TESTA ROSSA Replica racer. S/N 4275. Eng. # 4275. Rosso Corsa/red leather. A 1962 Testa Rossa re-creation in steel using a 1963 250 GTE as chassis donor car. Apparently built in the '80s in the U.S. by a GM designer in LHD. Overall build quality appropriate $20,000-car standards. Paint OK with some rust here and there, redone interior looks good, engine bay tidy. A smallish toy. Cond: 3. SOLD AT $15,834. Sold here in 2007 for $21,834 with 300 fewer kms (SCM# 48100). Since then some work had been done, including a detailing of the engine bay, and at this price, it was well bought as a decent driver. #218-1964 FERRARI 250 GTL Lusso coupe. S/N 5783. Eng. # 5783. Rosso Corsa/ black leather. Odo: 56,827 km. History known. Fresh out of a restoration including body and interior. Paint with slight orange peel, but otherwise with nothing to fault. Interior entirely redone, engine bay spotless. A nice Lusso in the classic red and black combination. Cond: 1-. NOT SOLD AT $618,800. Even if some Lussos reached $1m in 2008, this price was not offensive for this example, as a similar car fully restored in McQueen Maroon livery reached a bid of $600,000 at Artcurial's Paris sale in June '08. Priced correctly in today's market. #236-1964 FERRARI 330 GT 2+2 coupe. S/N 6219. Eng. # 6219. Red/black leather. Odo: 80,882 km. Older restoration still presentable. Paint rather thick, chrome and glass OK. Interior shows patina, with tired driver's seat and nice wood dash. Engine bay clean, exhaust rusty. A decent driver which probably needs some attention. Cond: 2-. SOLD AT $116,116. Offered at no reserve. Sold for $92,900 in October '06 at The Sportscar Auction in Geneva with three fewer kms (SCM# 48142), so it was obviously not driven in the past 30 months. Expensive for a quad-lamp car in far-from-perfect condition. TOP 10 No. 4 #221-1965 FERRARI 275 GTS spyder. S/N 06819. Eng. # 06819. Blue/black fabric/blue leather. Odo: 36,816 km. Sports Car Market

Page 58

Bonhams Gstaad, CHE #222-1969 FERRARI 365 GT 2+2 California spyder conversion. S/N 11967. Eng. # 11967. Dark blue/black fabric/beige leather. Odo: 70,940 km. One-off 2+2 365 chopped-top by Atelier des Coteaux. Far from perfect, with unpadded and sagging soft top and plastic rear window. Rest of the car is in One of the star cars of the 2007 Bonhams Gstaad auction, and still in the same excellent condition as when presented then. One of 200 built, claimed to have matching numbers. Fully restored in attractive blue livery, now with 450 more kms on the odometer. Cond: 2+. SOLD AT $562,380. Sold for $691,698 in December '07 (SCM# 48109), and this time only made $562,380. It's usually not a good idea to resell a car so quickly at the same auction venue, and in this case, the final total suffered a bit. “C'est la vie.” TOP 10 No. 3 #207-1967 FERRARI 275 GTB/4 coupe. S/N 09617. Red/tan leather. Odo: 510 km. Complete recent high- level restoration to the highest standards resulting in a flawless car but for one small nick in windshield. Fitted with a/c. Another example still showing no defects, chrome unmarked, interior as new. Engine bay clean. Cond: 1-. NOT SOLD AT $122,850. Last seen here in 2005, where it sold at $87,285 (SCM# 40210) then already in #1 condition. Since then, about $100,000 has been spent on the car in both mechanical and underbody work. This car deserves more than this high bid in the current market, but I do still feel that Dinos are generally a bit overpriced. Time will tell. #227-1972 FERRARI 365 GTB/4 Daytona spyder conversion. S/N 14995. Black/black fabric/cream leather. Odo: 36,211 miles. U.S.Spec coupe converted to a Spyder early in its life by Straman. Carefully maintained since with engine fully rebuilt. Paint with some swirls, good driver condition, with decent paint and presentable chrome and interior. Cond: 3+. NOT SOLD AT $172,900. If you were looking for an open 2+2 Ferrari, you had your choice between a $35k Mondial or this. The seller was looking for a number closer to the low estimate of $220k, but with the needs noted, I think this bid was all the money. #209-1970 FERRARI 365 GTB/4 Daytona coupe. S/N 13345. Gray/red & black leather. Odo: 47,134 km. Fresh rotisserie restoration. Gorgeous in every detail, with a stunning red and black leather interior, excellent paint and body, and nice glass. Original plexiglass nose unmarked, original air filter missing. An of the now relatively common (at auctions) 275 GTB/4. Cond: 1. SOLD AT $981,551. Sold 15% below the low estimate, back to 2006 levels, and wisely so. A very few 275 GTB/4s became $2m cars in 2008. Based on objective criteria—a regular road car built in rather large quantity—that was abnormal. This was a much more realistic price. #212-1969 FERRARI 246 GT Dino coupe. S/N 00742. Red/black leather. Formerly owned by Hans Herrmann. Front fenders taken down to bare metal and repainted in 1995, engine reportedly rebuilt at that time. Optional and rare central locking Rudge wheels. Nice paint and chrome, interior shows well with little wear. Borranis slightly marked, somewhat dirty interior with patina. Engine bay and undercarriage clean. Classy and powerful. Cond: 2-. SOLD AT $229,047. One of the 123 original Spyders in this condition would go for over $1m, so paying $230k for this sounds like a deal. After all, not everybody cares about “originality.” A good buy even if not the best investment. #228-1973 FERRARI 365 GTB/4 Daytona coupe. S/N 16189. Eng. # 16189. Rosso Corsa/ beige leather. Odo: 24,262 km. European model restored in the mid-'90s and still showing very well with perfect paint, chrome, rubber, example of the late '80s star car that's not so much in favor now. Cond: 1. NOT SOLD AT $327,600. Bonhams sold a similar perfectcondition 1974 model in this same location in 2007 for $396,477 (SCM# 48114). Otherwise these cars have traded at around the $300,000 to $350,000 level for around three years now. If the owner can, he is wise in keeping it. #231-1971 FERRARI 246 GT Dino coupe. S/N 01860. Red/black leather. Odo: 72,137 km. Originally a Fly Yellow car sold in Switzerland, where it spent its entire life. Restored in red in 1999, engine rebuild by Scappini in Milan at that time. More mechanical work done in Gstaad in 2006 includes gearbox rebuild. Excellent paint Cond: 2+. SOLD AT $158,340. Dinos continue to sell in the $150,000 range, although they are not particularly rare, with a few available at any auction and in any enthusiast magazine. Herrmann's heritage helped in this one's final price, which can be considered market correct. 60 and glass. Wheels unmarked, original interior shows its age with sagging driver's seat. Engine bay and undercarriage clean. Cond: 2+. NOT SOLD AT $263,900. Last year of the Daytona with pop-up headlights in classic red and black. Bid was light by around $30k, so the seller was right in waiting. #201-1974 FERRARI 365 GTB/4 Berlinetta Boxer coupe. S/N F102AB18057. Red & black/black leather. Odo: 49,493 km. Engine fire sparked 900-hour frame-off restoration from 1999-2003 that is reported to have cost $120,000 in parts only. 10,000 miles driven since, which barely show. Still on-the-button in and out, with entirely new interior smelling like fresh leather. Red harnesses fitted. Cond: 2+. NOT SOLD AT $145,600. An example of the '70s poster child in classic red over black. This Sports Car Market

Page 60

Bonhams Gstaad, CHE #211-1977 FERRARI 308 GTB Vetroresina coupe. S/N 21025. Gray/black leather. Odo: 55,221 km. High-level Swiss restoration in 2006 with new paint, interior, and mechanical work. Flawless in all aspects. A close-to-perfect example of the “best” 308, with light fiberglass can be yours any day of the week for $35k, why would you spend $20k on one that clearly needs work? Well sold. #234-1990 MASERATI QUATTROPORTE ROYALE saloon. S/N AM330495978. Black/ beige leather. Odo: 7,500 km. Flagship 4-door Maserati in as-new condition, featuring 3-speed Chrysler automatic (too bad). Always stored in garage with an amazingly low 7,500 kms. A was the early and most iconic version of the Boxer with its six taillights and exhaust pipes, and it was in good condition overall. High bid was fair. #202-1975 FERRARI 246 GTS Dino targa. S/N 07620. Red/black fiberglass/black leather. Odo: 44,375 km. Unrestored original car that has spent its entire life in Belgium, a rather wet country. Paint has lost its gloss, windshield marked by wipers, Cromodora mags worn. Interior looks redone to me, with body, Euro-spec dry-sump engine, and attractive berlinetta design. Comes with tool kit and manuals. Cond: 1-. SOLD AT $63,336. Sold at mid-estimate money. 12,000 308s were produced, but only 712 were molded in fiberglass, and quite a few of those have disappeared due to racing. Half the price of a Dino 246 or a 512 BBi. No major risk here. #214-1983 FERRARI 512 BBi coupe. S/N electrical wires hanging under dash. Rust coming through rear bumper chrome, other trim still presentable. Driver-quality engine bay and undercarriage. An average car. Cond: 3. SOLD AT $163,391. Sold mid-estimate. As auctioneer Jim Knight pointed out, Dino coupes look better than these thanks to the airier treatment of rear panels. Still, someone wanted this one. Based on condition alone, this would not have been my pick at this price. #210-1975 FERRARI 365 GT4 Berlinetta Boxer coupe. S/N 18219. Gray/black leather. Odo: 55,221 km. Car benefits from $80,000 spent since 2006, including bare metal respray, new interior, and mechanical work. Close to perfect in all aspects but for pitted chrome wheel nuts. Engine bay and undercarriage clean, very NOT SOLD AT $86,450. The 512 BBi is a gorgeous car. They're dazzlingly fast, handle well, are relatively comfortable, and are supposedly reliable with their Bosch fuel injection system. $85,000 does not take you far these days, but it's more than enough for a Testarossa, Ferrari's other undervalued supercar. Quattrovalvole #235-1984 FERRARI MONDIAL cabriolet. S/N ZFFLC15B000050893. Blue/brown leather. Odo: 13,260 km. A shabby blue Mondial in South American specs. Ugly bumpers, paint and wheels marked, top tired. Interior dirty, dash and gauges OK. Not the best one available by far. Cond: 3-. SOLD AT $19,001. Offered at no reserve. When a close-to-perfect Mondial soft Lupi leather A good example of an iconic car. Cond: 1-. NOT SOLD AT $168,350. This car was bid to $20,000 over lot 201, but there was still no sale. 365 BBs and 512 BBis have not been the flavor of the year since 2002, unlike 275 GTBs or Dino 246s. To me, these cars are cheap in the $150,000 range, but this still could have sold at this number. 62 McLaren F1 at a quarter of the price. The latest Enzos I've seen sold—all virtually new—bring in the neighborhood of $1.2m. As great as they are to drive, I'm not sure they will be a good long-term investment. This should have sold at this price. ♦ Sports Car Market 45451. Red/cream leather. Odo: 24,899 km. An original car with presumably correct mileage on the odometer. Condition reflects a 25-year-old car that has been driven, even if not much. Front bumper resprayed at one time. Clean throughout to factory standards, but no show car. Cond: 2. highway cruiser with an upscale interior. Cond: 1-. SOLD AT $25,334. Offered at no reserve and sold over the $15k high estimate. Bidding got stuck for a long 30 seconds at $10k, with two bidders then deciding to take it to this adequate level. A good buy if you're looking for an original and distinctive 20-year-old Italian sedan. #217-1995 FERRARI 900CC motorcycle. S/N SF01M. Red. One-off-design by U.K. specialist David Key. A blend of old racer with a Kawasaki-style engine and a digital dash. Never used. Cond: 1. NOT SOLD AT $191,100. There's no doubt that the cost of engineering and building this 100% one-off exceeded the high bid. Still, this is only a living room static display as it can't be road registered, nor can it be taken to the track. Should have sold. #229-2004 FERRARI ENZO coupe. S/N ZFFCZ56B000136739. Black/black leather. Odo: 11,557 km. One of the last of 349 built, all black and as-new inside and out. History clear, never raced. Belgian papers. Cond: 1. NOT SOLD AT $1,001,000. The performance of a

Page 62

McCormick Auctions Palm Springs, CA McCormick Auction Palm Springs I don't understand why someone wanting to sell his car parks it, locks it, and goes home until just before its number is called. Cars don't sell themselves Company Keith McCormick Auctions Date November 21–23, 2008 Location Palm Springs, California Auctioneer Jack Stokes, Rob Ross Automotive lots sold / offered 299/535 Sales rate 56% Sales total $4,810,943 High sale 1967 Chevrolet Corvette 427/435 convertible, sold at $110,250 Buyer's premium Corvettes were out in force, with 17 of 31 selling Report and photos by Carl Bomstead Market opinions in italics affect auction results. But the final analysis showed that, at least at this event, all was on an even keel, with only a minor dip noted. Total sales were up slightly from W McCormick's February event and off less than $100,000 from the November 2007 result. When all was said and done, McCormick sold 299 of 535 cars, although the revenue per car was down about a thousand dollars, to average a touch over $16,000. Corvettes were out in force, with 31 offered and 17 selling. Quality and prices were all over the board, with a used and abused 1987 coupe selling for $4,305 and a very well presented but undocumented '67 427 hitting the high mark of the auction at $110,250. Sadly, only a couple of Corvettes claiming big-block engines and other unique options provided any supporting evidence for their claim. Automotive oddities, which delightfully appear with regularity at the McCormick event, were out in force. The atrocious 1989 ELMCO Rolls-Royce golf cart appeared for the third consecutive sale, selling for the third ith the financial world spinning madly, buyers and sellers alike wondered how these uncertainties would consecutive time. This time it brought $2,600 and actually produced a small profit for the seller, if you don't count storage, cost of money, etc. The unsuspecting buyer most likely gets laughed off the course by his buddies and can't wait to get rid of the darned thing. A 1965 Rambler 220 in deplorable condition brought the princely sum of $840, while a 1992 Chrysler Maserati T/C convertible went for only $1,680, which might be considered a bargain, if you actually wanted one. A number of exciting cars were offered, but, for the most part, if the sellers were looking for anything over $40,000, their cars went back on the truck for the trip home. I have yet to understand why someone wanting to sell his car parks it, locks it, and goes home until just before its number is called. In this market—and especially in this market—it takes work to get the money, and cars don't sell themselves. Sales Totals The bi-annual McCormick auctions are always enjoyable, with an eclectic mix of offerings that appeal to most everyone's tastes and pocketbooks. With a little ground work you can score a nicely sorted car for a reasonable price, and the entertainment value of some of the others is worth the price of admission. As a bonus, the normally clear skies and warm sunshine are a welcome relief from the harsh weather in the northern climes. ♦ $1m $2m $3m $4m $5m 2008 2007 2006 2005 2004 5%, included in sold prices 64 Sports Car Market

Page 64

McCormick Auctions Palm Springs, CA ENGLISH #145-1964 BENTLEY S3 saloon. S/N B22LEC. Two-tone green/green leather. Odo: 5,532 miles. Identical to Rolls-Royce Silver Cloud III except for Bentley's rounded grille. Stated same owner over the past 20 years with $22k in receipts. Minor nicks and scratches in AMERICAN #162-1930 FORD MODEL A Foose Custom phaeton. S/N A3283877. Black/red vinyl. Odo: 1,796 miles. 312-ci V8, 3x2-bbl, auto. Built by Chip Foose for his “Overhaulin” TV show. It took longer to complete than expected, so car is now called “Overtime.” Fitted with red and white checkered firewall, Duvall $100k range. The seller was looking for close to that, but the engine swap was an issue at this price level. paint, very attractive interior with good wood and leather. Lucas driving lights. Cond: 2. SOLD AT $38,063. Purchased at the low end of the price guide estimates. Many repairs were documented, and as long as more are not lurking, I'd call this well bought. I just wish it had been presented in a different color scheme. #156-1974 JAGUAR XKE SIII convert- ible. S/N UD1S523300. Regency Red/black vinyl/tan leather. Odo: 32,429 miles. A final-year XKE equipped with a/c, automatic transmission, and wires. Well-applied respray, good panel fit, attractive interior in the right brightwork. A fun car to drive. Cond: 2. SOLD AT $45,675. 1971 was the final year for the 280SL in the U.S. Prices are all over the board on these, but this one sold for the right money considering it was equipped with a/c. The original invoice did not hurt either. A solid transaction all around. ITALIAN #101-1981 FIAT SPIDER 2000 convert- color. Brightwork still shows well throughout. Minor signs of use evident. Cond: 2. SOLD AT $41,213. Jaguar folks will argue long and hard about which of the XKE series is most desirable. Regardless of which series you prefer, the price paid here was light. Where else can you get an attractive open V12 with wires for this price? Well done. GERMAN #418-1963 PORSCHE 356B T6 cabrio- let. S/N 156168. Ivory/tan fabric/red leather. Odo: 7,691 miles. Recent restoration, engine replaced with period motor. Very good paint with minor touch-ups, good panel fit, interior in excellent condition. New top looks a bit too rounded. A very attractive Porsche complete with a Certificate of Authenticity. Cond: 1-. NOT SOLD AT $85,000. The T6 is distinguished by its twin cooling grilles. Prices for 356 Cabriolets have been all over the board, with rare, well-restored examples in the mid- 66 ible. S/N 7FAAS00B3B8182756. Silver/black vinyl/red vinyl. Odo: 91,037 miles. Fuel injection was standard for the Spider 2000 in '81, along with styled steel wheels. Acceptable paint has been well maintained, interior clean #187-1971 MERCEDES-BENZ 280SL convertible. S/N 11304412020582. Metallic green/green leather. Odo: 66,758 miles. Original invoice with car. Attractive paint with minor scratches and swirls, original a/c still fitted, both tops come with car. Very good windshield, and period vinyl interior. Not the most attractive custom Foose has done. Cond: 2. NOT SOLD AT $56,000. This car did not cause much excitement when it crossed the block, and the seller's little daughter was in it and crying when it did not sell. I don't think the car was worth a lot more than was bid here, as TV fame is brief and a fading star is only worth so much. #141-1941 GRAHAM HOLLYWOOD Supercharged 4-dr sedan. S/N 710590. Maroon/maroon leather. Odo: 11,015. Offered for two years using recycled 812 Cord body molds. Supercharged version provided 29 additional horsepower. Restored to decent standards, with metallic paint reasonably well maintained throughout. No issues with leather interior, brightwork acceptable. An interesting automotive oddity. Cond: 2. SOLD AT $34,388. Price paid was about the going rate based on the few others that have sold over the past few years. The biggest hassle for the new owner will be explaining what it is when he takes it to his local cruise night. Better practice saying “No, it's not a Cord.” with no issues. Brightwork just OK, with wear visible almost everywhere. Just a used Fiat. Cond: 3. SOLD AT $4,725. A good starter car that can be used and enjoyed without taking a hit when it's time to move on to something a bit more upscale. Price paid was fair for both parties. #203-1948 BUICK ROADMASTER 76S sedanette. S/N 24935189. Two-tone gray/taupe fabric. Odo: 58,051 miles. Stated to be an original car and there's no reason to question that claim. Copy of original invoice included. Paint worn through to primer in several areas, trim pitted, chrome still decent. Fitted with radio and clock, duct tape repairs to sun-damaged rear seats. An honest original Buick. Cond: 3. SOLD AT $23,100. The market has been Sports Car Market

Page 66

McCormick Auctions Palm Springs, CA around doors. Sun visors damaged, plastic emblems crazed, trim oxidized and pitted. Cond: 3. SOLD AT $8,925. Not a lot of money, but not a lot of car either. The new owner can pick away at it without spending a lot, and in the end, he'll likely still come out OK. rewarding original cars with increased interest of late. The price paid would be all the money for a restored car, but this original example accorded an equal valuation, and that's just another reason to think twice before restoring a nice original car. #212-1949 CADILLAC SERIES 62 seda- nette. S/N 496225884. Maroon/tan fabric. Odo: 21,677 miles. Converted to 12-volt electrics. Redone interior nice but does not look correct. Good paint and brightwork, nice Sombrero hubcaps, unmarked glass. Not a Full CCCA White/red & white vinyl. Odo: 7,977 miles. 265-ci V8, 2-bbl, auto. Recent restoration to high standard. Minor touch-up on driver's door, good panel fit, quality respray with no issues noted. One of only 6,103 produced, fitted with Powerglide and radio. Cond: 1-. NOT SOLD AT $60,000. The Nomad was introduced as a mid-year model with special hard top styling. They're arguably the most desirable of all steel wagons, and this one was restored far better than any others I've seen offered of late. As such, this seller was looking for close to $90k, but bidding fell short here. #136-1955 MERCURY CUSTOM coupe. S/N 55SL28743M. Dark blue & white/black vinyl. Odo: 7,100 miles. Modified with 302-ci V8 and C4 auto transmission with B&M shifter. Lowered three inches. Vinyl tufted interior sagging and has a cheap look, paint loaded with #377-1955 FORD CROWN VICTORIA Skyliner 2-dr sedan. S/N U5RW183557. Emerald Green & white/green & white vinyl. Odo: 239 miles. 302-ci fuel-injected V8, auto. Skyliner includes transparent green roof panel. High quality respray, color changed from original black and white. Attractive interior in excellent condition, brightwork just OK. Modified with late-model LTD 5.0-liter engine. Fitted with power windows, a/c, radio, and Continental kit. Cond: 2. SOLD AT $37,800. Fewer than 2,000 of these built, so it's interesting that the decision was made to modify this one. A well-restored original example will usually bring more than one that's modified, but in this case the seller did just fine. Classic. Cond: 2. SOLD AT $33,863. If you want top dollar at an auction, you need to present your car well and you need to be available to talk to potential bidders. This seller was a great example, as he worked this car hard prior to it crossing the block, and his efforts were rewarded with an all-the-money price. Well sold. #41-1954 CHEVROLET 3100 pickup. S/N H54J022024. Aqua/brown vinyl. Odo: 86,409 miles. Restored to a presentable level. Recent respray with noticeable runs in several areas. New wood bed trim, glass not chipped or #205-1956 OLDSMOBILE 98 Starfire convertible. S/N 569L9662. Green & white/ white vinyl/green & white leather. Odo: 57,494 miles. 324-ci V8, 4-bbl, auto. The 98 was top of the line for Oldsmobile, and was four inches longer than the 88, with slightly different side trim. Quality respray in an attractive color orange peel, trim dented throughout. A mild custom that's well past its prime. Cond: 3-. NOT SOLD AT $9,500. It would be a major project to bring this back to its glory days of many years past. The price bid was about what this Mercury is worth considering its current deplorable state, and I'd bet finding more will be next to impossible. #400-1955 DODGE ROYAL LANCER 2- dr hard top. S/N 34834411. Sapphire White & Heather Rose/white & rose vinyl. Odo: 92,640 miles. 270-ci V8, 2-bbl, auto. This was the Royal Lancer, not the more desirable Custom Royal Lancer, and was equipped with the Red Ram V8 rather than the Super Red Ram V8. Numerous paint chips throughout, especially scratched. Interior Spartan but very clean with no issues. Engine bay well detailed. Cond: 2. SOLD AT $27,825. A premium price, but well below the cost of restoration. Blemishes in paint should be correctable, but it makes one wonder what other corners were cut. Will be well received at any local Friday night cruise-in. #163-1955 CHEVROLET NOMAD 2-dr wagon. S/N VC55K113630. Gypsy Red & Polo 68 combination. Trim pitted and rusting, interior showing minor wear and use. Fitted with Jetaway HydraMatic transmission and wheel spinners. One of 8,581 98 Starfire convertibles built. Cond: 2. NOT SOLD AT $55,000. A desirable Oldsmobile that will get lots of thumbs up at the local show n' shine. Price bid was a bit light, but another $5k would have been closer to the ball park. #351-1958 CHEVROLET IMPALA con- vertible. S/N F56L152427. Black/black vinyl/ aqua, gray & black fabric & vinyl. Odo: 97,985 miles. 348-ci V8, 4-bbl, auto. Striking presentation of a very desirable Impala. Lowered two inches, loaded with options including NOS compass, Continental kit, spinner hubcaps, and rear speaker control. Paint close to flawless, panel fit superb, interior excellent, brightwork sparkles. Cond: 1-. NOT SOLD AT $105,000. Sports Car Market

Page 68

McCormick Auctions Palm Springs, CA right. It takes several hours to check all the numbers, and if they match, this was extremely well bought, as only 100 were originally built in this combination. #262-1961 CHRYSLER 300G 2-dr hard top. S/N 8413185101. White/tan vinyl. Odo: 72,939 miles. 413-ci V8, 2x4-bbl, auto. Highperformance luxury car with Max Wedge engine and cross ram intake. Acceptable paint with A strong bid, but the car was worth a bit more than was offered here. Another equally nice '58 Impala was bid to $100k with the same result. I would not be surprised to see it try again in Arizona in January. #489-1960 CHEVROLET CORVETTE convertible. S/N 00867S104328. Ermine White/red vinyl. Odo: 57,545 miles. 283-ci 230-hp V8, 4-bbl, auto. An original Corvette with base engine and Powerglide automatic. Power windows an unusual $60 option. Wellpreserved paint with minor spidering, panel fit respray needs to be rubbed out. Windshield delaminating, arm rest and door sill worn. One of fewer than 10,000 convertibles produced. A cute “chickmobile.” Cond: 3. SOLD AT $7,350. The Signet was Valiant's premium range, but it was still a compact. Bucket seats and full wheel covers were standard. This was not a lot of money for a cute little car for your daughter, and its lack of power will keep her from impressing the local stud with her hot foot. Use for a few years with no financial downside. #204-1964 CHEVROLET CORVETTE coupe. S/N 40837S121755. Riverside Red/red vinyl. Odo: 91,925 miles. 350-ci V8, 4-bbl, 4-sp. Recent quality restoration in the correct color. Original 327/300 engine out of car but included in sale. Off-road exhaust, reproduction knockoffs, new interior properly installed. minor blemishes, chrome and brightwork decent. Right rear window cracked, engine clean with no noticeable issues. Fitted with six-way power seats. An attractive letter car. Cond: 2-. SOLD AT $41,475. This Chrysler 300G was far from perfect, but it still should have sold for more than it did here. Another $10k would not have been out of line. Well bought. #165-1963 CHEVROLET CORVETTE coupe. S/N 30837S104707. Sebring Silver/ black vinyl. Odo: 28,524 miles. 327-ci 340-hp V8, 4-bbl, 4-sp. Comprehensive restoration to high standard recently completed. Panel fit exceeds factory specs, quality respray, new to factory specs. Interior shows wear appropriate for age and mileage, engine clean with no leaks or streaks. A solid original car. Cond: 3. SOLD AT $48,038. The price paid was about right for a base-level 1960 Corvette. The key here is how original is original, and checking the numbers will tell for sure. If it all checks out, the buyer found a nice surviving example and made a solid investment. #376-1960 CHEVROLET CORVETTE convertible. S/N 00867S100933. Ermine White & red/red vinyl. Odo: 60,260 miles. 283ci 250-hp fuel-injected V8, 4-sp. Recent respray in the most popular color, as over a third of all '60 Corvettes were Ermine White. Numerous paint issues, window rubbers worn, brightwork OK but not to show quality. Panel fit to factory interior kit with minor fit issues. Original spinner hubcaps fitted. Strong presentation of a desirable Split-Window. Cond: 1-. SOLD AT $60,900. Would place this in the well bought column, as it could have easily brought another $10k without raising an eyebrow. Kudos to the buyer. #97-1963 PLYMOUTH VALIANT Signet convertible. S/N 1432653747. Aqua/white vinyl/white vinyl. Odo: 81,325 miles. Recent standards, nicely fitted new interior, glass not chipped or scratched. A decent fuelie 'Vette. Cond: 2-. SOLD AT $61,950. These can sell for well into six figures, but that typically requires documentation and a much better restoration. Without papers, the price paid here was about 70 chipped. Interior conversion gives car an odd look. Cond: 2. NOT SOLD AT $32,000. Why spend the money messing with a decent convertible, and why turn down a market-correct bid for the car? This could have sold without regret, but the seller was evidently looking for a bigger margin. #124-1965 FORD MUSTANG convert- ible. S/N 5F08D165987. Wimbledon White/ black vinyl/black vinyl. 289-ci V8, 4-bbl, auto. Early '65 Mustang with smaller 210-hp engine. Sports Car Market Good panel fit and brightwork, engine clean and tidy. A striking Corvette. Cond: 2. SOLD AT $49,875. In addition to the price paid here, the buyer has to get the original engine in Los Angeles and have it installed. Add this in and the price paid was about right for a #2 coupe. Everyone should be happy here. #388-1965 CADILLAC DEVILLE con- vertible. S/N F5762930. Red/white vinyl/tan leather. Odo: 86,223 miles. 429-ci V8, 4-bbl, auto. Decent respray over good panel fit. Dash and seats “upgraded” with Eldorado pieces. Engine clean with minor stains, chrome and other brightwork good, glass not scratched or

Page 70

McCormick Auctions Palm Springs, CA tires. Cond: 1-. NOT SOLD AT $44,000. If this were the real deal, it should have pushed the $75k mark, but the market for clones, tributes, and other fakey-doos is about the same as for sub-prime mortgages. This one was done as well as any I've seen of late, but I doubt if the owner will get more than this price in this market. #158-1970 DODGE CHARGER R/T 2-dr Decent respray with visible touch-up of a few nicks. Fitted with Pony interior, Rally Pack gauges, and luggage rack on trunk. Top shrunk, window fit off, glovebox door scratched, trim tarnished. A ten-footer at best. Cond: 3. SOLD AT $25,725. This Mustang had the look and feel of a car that had been quickly prepped for auction. A fresh coat of paint along with a few goodies didn't hide its blemishes and pimples, and the price paid was just about right, all things considered. #40-1965 BUICK RIVIERA 2-dr hard top. S/N 494005H947039. Red/white vinyl. Odo: 3,985 miles. 401-ci V8, 4-bbl, auto. Quickie respray loaded with orange peel. Interior redone with inexpensive vinyl, glove box door does not fit properly. Dash fit off, window delaminating, trim tarnished and pitted. Desirable style, but hard to say anything nice here. A true fright pig. Cond: 4. SOLD AT $8,663. 1965 was the last year for the original Riviera body style, and many consider it to be the most distinctive of the group. Sorted examples sell in the $40k range, but this buyer overpaid at less than a quarter of that. I don't even know where to start with all that needed to be done to get this half-way presentable. The buyer could have bought a decent example with the money he'll spend making this one right. #375-1966 PONTIAC GTO 2-dr hard top. S/N 242176P210023. Red/white vinyl/white vinyl. Odo: 1,333 miles. 389-ci V8, 3x2-bbl, 4-sp. Pontiac Historical Services documented Tri-Power 4-speed car, restoration completed in 2003. Protect-O-Plate, correct “WS” engine, rally gauges, factory custom wheel covers. Well maintained paint, white top with slight discoloration, very clean engine. A desirable and well-documented GTO. Cond: 2+. NOT SOLD AT $50,000. The final bid was well under the stinger stripe atypical of factory production. Quality respray, excellent brightwork, engine heavily detailed. No documentation offered. Cond: 1-. SOLD AT $110,250. Price guides place 427/435 convertibles at over $150,000, so you could say this was a bargain. On the other hand, nothing was offered that documented this as an original L71. If the numbers come up matching, this was a great buy. #381-1968 CHEVROLET CAMARO SS Replica convertible. S/N 12467L450074. Tuxedo Black & red/black vinyl/red vinyl. Odo: 22,057 miles. 396-ci V8, 4-bbl, 4-sp. Quality restoration and conversion to SS configuration. L78 375-hp engine, quality respray with red bumble bee stripe, excellent panel and top fit. Equipped with spoiler package, power steering, disc brakes, and Redline Price paid here was on the strong side, as this R/T did not have the more-desirable V-code Six-Pack engine, but it did have lots of eyeball, which helped get the job done. Well sold, but no harm to the buyer. #103-1980 JEEP CJ5. S/N JOM83EC042345. Yellow & purple/tan vinyl. Odo: 33,859 miles. Tricked out for off-road activity. Interesting paint scheme, comes with matching trailer and kid's play toy. Optional 258-ci straight 6 engine, money on this “no questions” well-documented GTO. This could have easily brought another $10k or so; the seller was right in keeping it. #386-1967 CHEVROLET CORVETTE convertible. S/N 194677S121115. Marina Blue & black/blue vinyl. Odo: 3,336 miles. 427-ci 435-hp V8, 3x2-bbl, 4-sp. A quality restoration that appears a bit overdone. L71 engine option originally cost $437. Panel fit better than new, hard top. S/N XS29U0G165246. Top Banana & black/black vinyl/black leather. Odo: 53,481 miles. 440-ci V8, 4-bbl, auto. VIN decodes as original 440 without desirable Six Pack. Optional Special Edition package, but badge pop-riveted in place. Striking paint with black bumblebee stripe, straight body with good panel fit. Trim pitted, window rubber not replaced during restoration. Interior well done with no issues. Cond: 2+. SOLD AT $45,675. 4x4, lots of chrome goodies. Appears to have been well maintained. Offered at no reserve. Cond: 2. SOLD AT $6,405. Price paid had to have been less than the cost of the paint job. The buyer got a bargain if it's something he can use aside from hauling junk to the dump. ♦ 72 Sports Car Market

Page 72

Bonhams London, UK Important Collectors' Motor Cars Revenues were down, though there were plenty of French and German buyers in the room, thanks to the weakness of the pound against the euro ENGLISH TOP 10 No. 6 #624-1925 BENTLEY 3-LITER Supersports Brooklands roadster. S/N 1161. Eng. # 546. Green/black leather. RHD. Odo: 9 miles. Coachwork by Howarth. A typical Bentley that's lost its original motor and been rebodied, but started as one of 18 Supersports. Rebuilt to original specs, although now fitted with strange high-level An assorment of machines both racy and racing, typical of the December sale Report and photographs by Paul Hardiman Market opinions in italics N othing was going to top having the oldest Rolls-Royce in the world in the lobby, as at last year's Olympia sale— even the completely original Bugatti Type 57S Atalante that Bonhams will sell in Paris in February. That Royce helped Bonhams to sell more than $17 million of cars last year, when the exchange rate was $2.06 to the pound. Twelve months later the rate was $1.48, and understandably, revenues were down, though there were plenty of French and German accents in the room, thanks to the weakness of the pound against the euro. James Knight got one of “The Spy Who Loved Me” Lotus Esprits away to a collector in Atlanta after competitive bidding raised the total to $165,020, but he also raised serious money on important cars. A 1925 Bentley 3-Liter Supersports climbed past its estimate to fetch $409,220 on the phone, with an American buyer taking advantage of the 33% shift in exchange rates. The imposing and very proper 1931 Bentley 8-Liter with Sedanca deVille body by Mulliner raised $506,900, and of the big cars, only the 1924 Hispano H6B coupe deVille, sharply bodied by Kellner, and the 1913 Roi des Belges Rolls-Royce Silver Ghost tourer failed to sell. Further down the scale, the ex-Marc Bolan “Plexi” Daytona Sales Totals 2008 2007 2006 2005 2004 Company Bonhams Date December 1, 2008 Location Olympia, London, England Auctioneer James Knight Automotive lots sold / offered 60/97 Sales rate 62% Sales total $3,896,167 High sale 1931 Bentley 8-Liter Sedanca de Ville, sold at $506,900 stalled at $230,000, and a fuel-injected '62 Corvette stayed with an owner who paid a hefty $92,000 at Bonhams's Retromobile sale last February. Neither of two usable and inexpensive Ferrari Boxers sold. But the ex-Bernie Ecclestone Bentley S2 Flying Spur, one of Buyer's premium $5m $10m $15m $20m 15% on the first $44,400, 10% thereafter, included in sold prices ($1.48 = £1.00) four Continentals at the sale, looked a super value at $55,944, and the 2004 Koenigsegg CC8S seemed great value at $254,560, after last October's $4 million McLaren F1 (which it will outrun). And $21,275 was strong money for a '79 Pontiac Trans Am Anniversary. Finally, an original and well-kept 1936 Alvis 3½-liter with four-door coachwork by Charlesworth realized the expected $77,108. ♦ 74 leather bench nicely worn in. Motor tidy but not overpolished, nice lights, black canvas top good. Owner says it fouls the number 1 plug if left idling. Cond: 2. SOLD AT $99,900. On the money for a driver (it had recently proceeded to Switzerland and back following a $30k suspension/steering/brake overhaul), and the motor questions weren't serious enough to affect the price—at least not yet. Sports Car Market exhaust. So shiny it looks just out of rebuild, but done 20 years ago. Engine leaks less than gearbox, throttle pedal now on the right. Cond: 1. SOLD AT $409,220. This blew past its pre-sale high estimate of $330k to be secured by an American bidder on the telephone who was taking advantage of the shift in exchange rates. U.K. buyers just couldn't keep up. Priced about right in dollars, but needs a few years to mellow. #673-1925 ROLLS-ROYCE PHANTOM I tourer. S/N 37HC. Eng. # VE45. Yellow/ black canvas/green leather. RHD. Odo: 21,710 miles. Originally a coupe, unknown tourer body fitted in the early '70s and still good with Brooks trunk to rear and Auster screen for passenger. Older paint mostly good with a few small cracks, alloy hood unblemished, green

Page 74

Bonhams London, UK Our Cars 1940 Nash Ambassador Six Convertible, Model 4021 TOP 10 No. 5 #651-1931 BENTLEY 8-LITER sedanca de ville. S/N YM5034. Black & cream/brown leather. RHD. Odo: 19,128 miles. Coachwork by H.J. Mulliner. The only Sedanca de Ville body by Mulliner on a long-wheelbase chassis, and remarkably still together and with original registration number. sold by Bonhams & Brooks in July '01 at $43,781 (SCM# 22970). Although this time sold slightly above estimate, this price is slightly lower than Aces have been going for recently—though the AC-motored car is the least desirable version. Perhaps Bonhams' estimate was conservative to hedge its bets, but this looked like a decent deal. #635-1962 BENTLEY S2 CONTINENTAL Flying Spur saloon. S/N BC48CZ. Cream/ beige leather. RHD. Odo: 43,587 miles. Coachwork by H.J. Mulliner. Nice overall, with good panel and door fit. Chassis well protected, exhaust good. Interior timber like a mirror, seat leather a little baggy but is unworn. Owner: Chip Lamb, Auction Analyst Purchase date: May 5, 2008 Price: $31,400 Mileage since purchase: About 500 Recent work: Comprehensive brake rebuild, all fluids changed, repaired overdrive relay and controls. I'm fortunate to know a local collector car enthusiast by the name of Reggie Nash, who's one of the more devoted patrons of the defunct Kenosha marque. During a lengthy engine overhaul on my 1940 LaSalle, I was able to borrow Reggie's 1941 Ambassador Six rag top to drive in a William & Mary Alumni parade and take some newlyweds for their first ride as man and wife. With its older restoration (now with almost 40 years of patina) and excellent drivability, this car represented the best of both worlds in a long-term keeper—not too perfect yet near dead-on reliable. I wanted one. I finished up my LaSalle and waited for something more interesting to come along. It did. I participate in an email roundtable with a few other SCM contributors and collector car personalities, one of whom is Bob Lichty of Motorcar Portfolio in Canton, Ohio. To my surprise, I discovered a 1940 Nash Ambassador convertible was “coming soon” to his inventory. I called Bob directly and set up a time to see the car when it was repatriated from England. I bought the car after a short drive around downtown Canton. It had—and still has—plenty of needs, but it turns out that this example is the sole survivor of its type, which I did not know prior to my purchase. It's an automotive afterthought in the shadow of Full Classics, but I'm looking forward to continuing its improvement for years to come. ♦ Excellent body, door fit, and paint apart from small amount of microblistering on scuttle top. Leather nicely worn, engine concours but not overdone. Cond: 2+. SOLD AT $506,900. With much spent on upkeep on an ongoing basis, this car had no stories and sold for the expected mid-estimate money. A blue-chip investment. #657-1936 ALVIS 3½-LITER 4-dr sports coupe. S/N 13140. Eng. # 13589. Green & black/brown leather. RHD. Odo: 57,808 miles. Coachwork by Charlesworth. Shiny paint with a few small blemishes, but they don't matter. Good headlights and plating, wheel discs not Inoperative a/c. Cond: 3. SOLD AT $55,944. Ex-Bernie Ecclestone, although that didn't cut any ice here. This was not the most elegant of the Continental bodies, and although the color didn't help, this was a cracking buy considering the market demands $75k-$135k for these. Would have fetched more in its original red. #607-1970 ASTON MARTIN DB6 Mk II Vantage coupe. S/N DB6Mk24247R. Eng. # 4004582VC. Burnt Almond/tan leather. RHD. Odo: 20,264 miles. Once the property of Innes Ireland, who also owned a shooting brake in the same color. Good all around with a few tiny blemishes in paint, some enamel flaking off too ripply, nicely aged leather. Not quite perfect but not far off, and all the more appealing for it. Cond: 1-. SOLD AT $77,108. The market likes very original cars at the moment, so this was always going to sell. Mid-estimate money and a fair deal both ways. #618-1958 AC ACE roadster. S/N AE440. Eng. # CL2354W. Metallic blue/red leather. RHD. Odo: 78,726 miles. Straight body following rebuild in 1993. One small ding in top of driver's door, nice paint has scratch in right front fender. Leather fresh and carpets good, unmarked wood rim wheel, very clean engine compartment. Chrome wires fitted with aged crossplies. Cond: 2. SOLD AT $119,436. Last right-hand Vantage badge. Replacement cylinder block fitted in the '90s. Leather well used and creased but not cracking, sills straight and solid underneath. Full-length Webasto sunroof. Cond: 2-. SOLD AT $111,296. Sold just under lower estimate. This had obviously been used abroad, as there were beam converters on the Hella H4s. Fair price for top-spec model in good order. #671-1972 ROLLS-ROYCE CORNICHE convertible. S/N DRH12403. Brown/black mohair/beige leather. RHD. Odo: 48,933 miles. Fair appearance, repaint bubbling in a few places and evidence of repair work in left rear wheelarch. Beige leather creased, engine bay dusty but original. Later alloys fitted. Cond: 3. 76 Sports Car Market

Page 75

One Site — One Price. Real ValueS in Real Time Now oNliNe! The world's largest collector car price guide based on over 500,000 sold transactions from www.ebaymotors.com/pricetracker For the collector who needs to know what things are selling for, right now. Take a free test drive on a the featured car of the week. 24-hour memberships from just $3.99. . updated weekly.

Page 76

Bonhams London, UK #619-1990 MINI COOPER RSP 2-dr sedan. S/N SAXXNNAMBAD016957. Eng. # 12A2AF53100669. Red & white/black vinyl & leather. RHD. Odo: 98 miles. The first incarnation of the Rover-built continuation of Mini Cooper, number 695 of 1,650 built. As-new, apart from color-coded door mirrors and wheelarch flares in orange peeled paint. Mileage appears SOLD AT $36,593. A fair price for an older car that someone tried to disguise with later wheels and an Irish plate. Presumably the buyer had seen the service history and convinced himself the money had been spent in the right places. #631-1975 ROLLS-ROYCE CORNICHE 2-dr sedan. S/N CRH20397. Eng. # 20397. Anthracite/brown leather. RHD. Odo: 77,659 miles. Well kept example, with paint and some new chrome in its past. Leather lightly creased. Underside good, with new exhaust from motor or trans, newish stainless-steel exhaust, new or refurbished alloys. Overhauled a/c may work. Nice number goes with car. Cond: 3. SOLD AT $65,712. Originally supplied to Greece, then in the U.S. by 1984. More attractive than the Kenworth-headlight S1, and it looked cheap for a usable but some-way-off -concours big Ferrari. Fairly bought. SWEDISH #617-2004 KOENIGSEGG CC8S targa. S/N YT9M1GV8D2007006. Silver/gray suede & brown leather. Odo: 6,020 km. Almost like new with slight use evident on seats and small scuffs in sides that are hidden when rear clamshell is down. Only slight cosmetic issues include glue marks on genuine. Cond: 1-. SOLD AT $8,850. Bought at Bonhams' Festival of Speed sale on July 11 this year, where it sold at $19,441, but rejected by buyer's wife for having no power steering. A relative bargain in time for Mini's 50th anniversary in 2009. ITALIAN #672-1962 LANCIA FLAMINIA 3C GT and Harvey-Bailey handling kit. Engine bay tidy. Cond: 2. SOLD AT $25,530. A nice and understated small-arch model. Seen last at Christie's London in June '06, where it failed to sell at $23,621 (SCM# 42183). This time it brought just under the pre-sale estimate, which was fair both ways. #679-1976 LOTUS ESPRIT James Bond coupe. S/N 76090187G. Eng. # 760913101. White/tartan & green cloth. RHD. One of the cars used in filming for “The Spy Who Loved Me,” but maybe not the “famous” one, PPW 306R (SCM# 22460). Interior has been well retrimmed as per film specs with plain rather than tartan head restraints, but body restoration is AMERICAN rather than corrosion in alloy body. Floors OK, vinyl seats a bit grubby, windshield cloudy at corners. Cond: 3-. SOLD AT $17,871. Not far off the asking price, and although it looked frightening, it appeared to be relatively solid and mechanically up to snuff. Likely a rewarding project. #666-1967 FERRARI 330 GT 2+2 Series II only average, with sink marks in various shades of white paint, side moldings not hanging on well, and oddly multicolored rear suspension. Polished Wolfrace wheels sharp. Cond: 3+. SOLD AT $165,020. If it's a Bond car, the price jumps tenfold. Bonhams had obviously been hoping for big bids, as this was “refer department” in the catalog. This had been in Germany, and was now bought by a collector who will be taking it to Atlanta. See the profile, p. 40. 78 coupe. S/N 10085. Rosso Rubino/black leather. Odo: 97,995 km. Fair original order with better fans, fuel pumps, etc. Some cracking in paint, good original leather, dash all there. No leaks screaming chicken sticker. No rust in floors, exhaust looks relatively new. Several minor scuffs in front bumper, alloys corroded, silver vinyl seats still, er, silver... In the U.K. from 1989. Cond: 3. SOLD AT $21,275. Are they worth this much back home? Perhaps the utter naffness of the emasculated “Smokey and the Bandit” era colors in the view of men of a certain age, but I'd say very well sold. ♦ Sports Car Market #675-1979 PONTIAC TRANS AM 10th Anniversary coupe. S/N 2X87K9N175819. Eng. # P9279259657822. Silver/silver vinyl. Odo: 27,500 miles. 403-ci V8, 4-bbl, auto. Nice-ish original example, last of the 400s, although the “K” in VIN denotes 403 Olds rather than 400 Pontiac. Some chrome rubbing off plastic side strips, dirt somehow under coupe. S/N 824103457. Eng. # 823002175545. Red/beige vinyl. Coachwork by Touring. Good example of a cosmetically-challenged car in regular use. Massive bubbling under 1996 repaint, but it's quite possibly a paint reaction leather top of windshield surround and bonding of roof glass—both hard to get right on low-volume composite cars. Motor clean and dry, no crash repair damage evident. Cond: 2. SOLD AT $254,560. This had been the Spanish Koenigsegg importer's car and never before sold to a private owner. This price was near the top estimate, but looks like a total bargain compared with a McLaren F1, which it will outrun.

Page 78

Auctions America Raleigh, NC Winter 2008 Raleigh Classic A mid-year Corvette traded within $1,000 of what it made at Mecum's Kissimmee sale in January 2008 Company Auctions America Date December 5–6, 2008 Location Raleigh, North Carolina Auctioneer Brent Earlywine, Jeffrey Knosp Automotive lots sold / offered 171/275 Sales rate 62% Sales total $4,920,374 High sale 1946 Buick Roadmaster Cconvertible, sold at $116,640 Buyer's premium 8%, included in sold prices 1946 Buick Roadmaster made high sale at $116,640 Report and photos by Chip Lamb Market opinions in italics R aleigh in winter isn't exactly a tourist destination, unless you veer way off Interstates 95, 85, or 40 to visit Aunt Flo and Uncle Pete on your way to Florida. But the dearth of distractions, such as casinos, beaches, swapmeets, or concours, makes it a better-thanaverage venue for a collector car auction, especially for the Leith brothers. Semi-retired, Michael and Dave Leith make the rounds of major sales, taking in interesting trade-ins at their multi-brand new-car stores, and offering the best in biannual sales held on the grounds of the North Carolina State Fairgrounds each June and December. Their reputation, along with regular nationwide marketing and a professional staff, add up to a well-oiled machine. Autumn 2008 was a period of financial turbulence everywhere, as Wall Street and the credit markets felt for the bottom of the pool and the federal government bailed out many financial entities. The forecast going into winter's Raleigh auction was far bleaker than other earlier sales. Early indications of the financial impact the crises might have on the collector car market had already appeared, but motivated consignors and bidders checked in Thursday and Friday to inspect the inventory and participate in this final major sale of 2008. Friday's 80 proceedings began with 40-plus all-Mopar lots, and early indicators were encouraging, both in prices paid and the percentage of lots to change hands. Such enthusiasm was sustained throughout the day, and the final result for the nearly 140 cars and motorcycles offered was well into the 60th percentile, with the high sale being a brand-new 2008 Shelby KR at nearly $85,000, plus an 8% buyer's premium. Saturday's portion fielded a variety of interesting low-mileage and rare examples that ranged from a few early sub-$5,000 lots to the high sale of the weekend, a 1946 Buick Roadmaster convertible that fetched just over $116,000. Restored by Jenkins in North Wilkesboro, NC, it was a stunning piece of post-war American luxury motoring. Not far behind, a 1927 Cadillac Phaeton in good tour-ready condition broke the $90,000 barrier and sold for just under six figures, including commission. Rounding out third place was another Buick convertible—this time a 1957 Roadmaster in white—which brought $82,860. Sellers must have been pleased that the Sales Totals twelve-month picture had not significantly deteriorated. Indeed, a mid-year Corvette traded hands within $1,000 of its hammer price during Mecum's January 2008 Kissimmee sale, and buyers were able to snap up some great deals from overly pessimistic consignors. If this trend continues, the price of quality collector-grade automobiles seems likely to rise, as another tier of smart investors chooses rolling artwork to protect their hard-earned money. ♦ $1m $2m $3m $4m $5m 2008 2007 Sports Car Market

Page 80

Auctions America Raleigh, NC ENGLISH #406-1937 MG TA roadster. S/N TA1538DEL950. Red/tan cloth/black vinyl. RHD. Odo: 30,609 miles. Beautiful newer paint exhibits light scratches and swirls. Chrome and brightwork older and overbuffed, ancient 19inch tires on correct painted wires. Old tan cloth top likely rarely erected, black vinyl seat material a much coarser grain than original leather. New carpet a nice touch, but hand-painted gauge faces are strictly Sunday school efforts. Engine compartment detailing older and could use a light refreshing. Cond: 2-. SOLD AT $28,620. Pre-war MGs without superchargers are just rather slow little country-lane cruisers, and there are few such lanes remaining in the Colonies. This was little more than a good driver needing much for show. The seller seemed a bit taken aback when he cut his reserve off, but I'd say this was slightly well sold. #220-1954 MG TF roadster. S/N HDP461808. Eng. # XPAGTF31809. Red/black vinyl/red leather. Odo: 82,276 miles. Older repaint exhibits no serious flaws, just a few lacquer pits and/or breaks from dent removal evident on hood. Chrome and brightwork largely comprehensively redone and exhibit only slight pitting on top surfaces. Black vinyl top dates to restoration and is attractive with tonneau cover present. Older red leather might vinyl/black vinyl. Odo: 53,663 miles. Older white paint features light swirl marks, chips, and edge wear. Excellent convertible top correct and could be original, interior likewise tidy with few flaws. Chrome and brightwork in very good nick with evidence of light overbuffing. Steel wheels with Redline tires and trim rings look correct. Engine compartment features an older restoration unwound from show quality but still in above-driver condition. Cond: 2-. SOLD AT $18,630. Last seen at eBay/Kruse's Sunrise, Florida sale in 2002, where it sold at $8,000 (SCM# 26715). If a well-preserved original, this was a remarkable car, although the consignor claims a full restoration was documented. Since no evidence of this was present, I'd venture a guess of something in between the two, with some elements obviously restored and other bits hardy and well-kept originals. An above-average driver example in cleanable local British car show condition throughout, and a good price for both parties. FRENCH #223-1977 CITROëN 2CV6 Club con- vertible. S/N VF7AZKA00KA363567. White/black vinyl/gray cloth. Odo: 42,852 km. Beautiful original paint, body gaps as-built, bumper paint and plastic grille lightly marred. Black roll-back convertible top without evident flaws, gray cloth seats feature interlacing blue, red, and yellow stripe pattern and remain largely as-built. Engine compartment clean, undetailed, and reflects recent service. Cond: 2. NOT SOLD AT $8,600. Brought to auction gray-market car, there were plenty of interested suitors that bid the car to about its market-correct price. GERMAN #408-1956 VOLKSWAGEN TYPE 2 Transporter 23-Window microbus. S/N 162681. Chestnut brown & sealing wax red/tan vinyl. Odo: 95,921 miles. Recent restoration to a high standard. Chrome and brightwork slightly dull, but originally not much more brilliant. Interior very tidy and correct, exhibiting slight use since resto. Roof rack with surfboard a nice touch. Engine bay cleaner than most. Cond: 2. SOLD AT $53,460. Restored a few years ago by an SCMer buddy of mine who recently set a record price with his $41,800 Fiat Multipla in Hilton Head, this bus was no less exceptional in quality or price realized. The entire room, though somewhat cleared out by this point in the afternoon, thoroughly enjoyed the run-up in price that this experienced during its five minutes of fame. Well sold, but not poorly bought. #237-1975 MERCEDES-BENZ 280C coupe. S/N 11407312105875. Medium blue metallic/blue leather. Odo: 52,578 miles. Recent exterior respray appears to have been executed to a high standard with glass removed. Bumpers heavily scratched, some brightwork appears to have been replaced but original bits are cloudy. Interior average, with seat horsehair pad degradation common to this model, one be original and shows light wear to driver's seat but nice patina otherwise. Engine compartment shows older detailing with some unwinding from use. Cond: 2-. SOLD AT $24,270. The TF was the most civilized pre-MG A offering, and this example was very honest in its overall presentation. Fit for plenty of driving or even a local British car event without any real attention required in most respects, it sold at a price that was hard to pass up, even on a chilly December day. #195-1976 TRIUMPH TR6 convertible. S/N CF55180U. Old English White/black 82 by a Georgia-based SCMer, this German-market example of a mid-range 2CV was not the usual tarted up Charleston or tatty over-used Parisian runabout seen on these shores, but rather an unusual original automobile. The factory paint was documented mostly by various decals applied in period. Although this was not the best sale in the country for an unusual crack down center of blue dashboard. Engine bay unrestored and slightly rough, but factory a/c and cruise control are nice options. Cond: 3-. SOLD AT $3,780. Mercedes' first production twin-cam six found its way into the S-class and select W114 chassis cars starting in the early 1970s. This was a prime example of some of the more problematic engine development Untertuerkheim had to offer, especially in the United States, and with the crustiness of the engine compartment and the less than stellar interior, the price paid was market correct. Sports Car Market

Page 82

Auctions America Raleigh, NC #345-1983 PORSCHE 911SC convert- ible. S/N WP0EA0918DS171636. Guards Red/black cloth/tan vinyl. Odo: 110,572 miles. Exterior repaint done to a high standard but does not extend far into jambs, which exhibit more than passable overspray. Broken driver door check a typical and normally cheap 911 repair. Black cloth top in good condition, tan SWEDISH #185-1965 VOLVO P1800 coupe. S/N 13384. Light yellow/black leather & vinyl. Odo: 84,022 miles. Well-preserved exterior paint completely original, chrome and brightwork likewise original but exhibiting typical spidering and pitting. Nice black leather for the audience, this price may have been a bit light. #380-1946 BUICK ROADMASTER convertible. S/N 14496262. Maroon metallic/ black cloth/red & gray leather. Odo: 262 miles. Gorgeous concours example without evident flaws to paint or body anywhere. Finish quality well beyond as-built, chrome and brightwork uniform and without even slight imperfections. Top and interior similar, although original rubber floor mat is slightly weak. Engine bay in concours condition with only minor indications of wear. Cond: 1-. SOLD AT $116,640. vinyl interior and gauges faded, carpet appears fresh. Engine bay tidy and reflects claims of recent thorough overhaul. Cond: 3. SOLD AT $19,340. This SC was just a typical driver example with plenty of cosmetic needs. This was huge money, and I was willing to bet it was bought by a couple of guys who were taken in by the brilliant red and a top that went down. All the money and more. Well sold. ITALIAN #181-1979 ALFA ROMEO SPIDER VELOCE 2000 convertible. S/N AR115410008482. Dark green/tan cloth/tan leather. Odo: 3,344 miles. Original dark-green paint exhibits light lacquer checking on top surfaces, which is probably unavoidable at this hides on front seats show wear commensurate with mileage, dashboard dusty but complete with period underdash a/c and Blaupunkt radio. Engine bay tidy, unrestored, and complete, exhibiting recent care and tasteful upgrades, including a Sanden a/c compressor. Cond: 3+. SOLD AT $14,580. Having owned more than one exceptionally original Swedish car of the period, I can relate to the seller's angst with regard to this particular car. Finding a buyer anywhere would seem a challenge, but this venue represented the right match at a marketcorrect price. AMERICAN #368-1937 HUDSON TERRAPLANE utility coupe. S/N 706853. Maroon/tan wool. Odo: 59,015 miles. Older restoration still exhibits good detail with excellent paint and body throughout. Nice chrome not oversanded, good detail to intricate aspects of front grille. Possibly original and very correct interior, dash, and floor. Pull-out rear “pickup bed” exceptional. Engine compartment appears older but still extremely presentable. Cond: 2. SOLD AT $30,780. Last seen at eBay/Kruse Fort stage. Double dealer-installed aftermarket rub strips down both sides singularly unappealing. Brightwork lightly overbuffed, factory alloys dull. Mint condition cloth top likely never up, tan leather seats only slightly dry from age, carpets fresh, including period Cocomats. Accessory wood steering wheel and shift knob do not appear period. Engine bay tidy but missing oil cap. Cond: 2. SOLD AT $11,880. I've heard of Alfa oil caps growing legs at auction venues, but here there wasn't so much as an oily rag stuffed into that orifice until shortly before the time the car arrived on the block. Not a remarkable Alfa, aside from the obviously authentic low mileage exhibited, and the cosmetics appeared to have suffered somewhat in the interim. Nearly didn't sell across the block, but the reserve came off just in time. 84 The morning before the sale, when this car was parked on the ramp for center-stage display, two enthusiastic prospective bidders then decided to raise the hood, not realizing that Buicks of this generation pivot on one side or the other. The hood came off the car and hit the left front fender rather hard. While the slight damage initially looked terrible, it was compounded out, and this car sold for an undamaged amount. Well bought. #115-1949 DODGE WAYFARER road- ster. S/N 37052231. Maroon/tan cloth/brown vinyl. Odo: 448 miles. 20-year-old restoration exhibits more wear and deterioration from storage than use. Scuffs and buffer marks evident in paint, chrome lightly pitted, limited brightwork similar. Tan cloth top well-preserved, side rails and joints drooping. Seat vinyl likely cruder Lauderdale in January '02, where it sold at $16,250 (SCM# 24991). A very cool piece, and as soon as the trunk was opened on the block and the bed was pulled out, the bids started pouring in. The recipient of a long-ago AACA award, this very interesting piece had not deteriorated as badly as many similarly hiddenaway cars with similar distinctions, and given the cool factor and the demonstration provided than original, dash presentable, having once been restored. Engine compartment detailing dates to restoration, and is comprehensive but dusty. Cond: 3+. SOLD AT $20,250. One of 275 true roadster Dodge Wayfarers with side curtains, this 1989 AACA Class winner probably has but 448 miles on its restoration. It's a shame that it saw little to no use during these past years, but the buyer got a bit of a deal at this price for a rare piece of early post-war American history. #140-1950 CHRYSLER NEWPORT Town & Country 2-dr hard top. S/N 7412031. Medium green metallic & wood/green leather Sports Car Market

Page 84

Auctions America Raleigh, NC & tan Bedford cord. Odo: 2,278 miles. Older comprehensive restoration still excellent, with uniform paint and body alignment throughout. Slight waviness in finish evident around edges and roof gutters but nothing overly troubling. Chrome likewise well done, but with pitting on door trim and light staining on bumpers. Interior completely flawless and very fresh throughout. Engine compartment restored some time ago and could use a fresh detailing. Cond: 2. SOLD AT $79,920. First seen at RM's Phoenix sale in January '04, where it sold at $55,000 (SCM# 32439), later seen at Worldwide's Seabrook sale in May '06, where it sold at $67,100 (SCM# 41534). This was an impressive price for a non-convertible, smallerbody Town & Country. Though it still sported real wood, the overall restoration showed signs of light to moderate use, and while well cared for, it would require freshening before being shown. Slightly well sold. #101-1955 CHRYSLER IMPERIAL 2-dr hard top. S/N C559080. White/white leather & gold cloth. Odo: 47,878 miles. 331-ci V8, 4-bbl, auto. Older comprehensive restoration unwinding from use. Finish exhibits numerous small chips and some edge wear, front bumper lightly stained, chrome and brightwork exhibit waviness, some small trim items pitted. paint still shows well, chrome thin and exhibits heavy scratching on bumpers and trim. Brightwork dinged and somewhat dull. Vinyl interior retrimming brings the car down a peg, looking more nautical than automotive. Dash decent but rear shelf very weak. Engine bay shows recent detailing but not to show-quality standards. Cond: 3. SOLD AT $35,340. Last seen at Worldwide's Houston sale in May '08, where it sold at $49,500 (SCM# 116600). Although a documented, high-option 300E from new including factory a/c, Autronic Eye headlight dimmer, and signal-seeking radio, this example had plenty of weak points ranging from the wire-brushed front bumper to the Boston Whaler interior. Selling at no reserve, the price was possibly a little high given the needs present. #225-1959 EDSEL CORSAIR 4-dr sedan. S/N B9US734348. Gray metallic/black vinyl & gray cloth. Odo: 14,753 miles. 361-ci V8, 4-bbl, auto. Original gray metallic paint in excellent condition throughout. Beautiful chrome and brightwork exhibit only slight scratching along stainless trim on sides. Interior near-mint and totally original from front to back. Engine steering wheel, switches, and dashboard. Engine compartment similarly over-restored and wellpreserved since. Cond: 2. SOLD AT $17,500. Reputedly once the property of a retired engineer who restored both this and a similar convertible to an over-the-top level, this example was definitely one of the best non-ragtop Mets I've seen in a long time. Bid was nearly out of the park, but for this one it was money well spent. #428-1963 STUDEBAKER HAWK Gran Turismo 2-dr hard top. S/N 63V1837. Black/ black & white vinyl. Odo: 7,117 miles. 289-ci V8, 4-bbl, auto. All-original example exhibits only light surface pitting underneath paintwork. Chrome stunning, brightwork similar, slight fading to original emblems and trim. Interior still very crisp. Reputedly original Vogue tires Possibly original interior very presentable, engine compartment detailed many years ago and shows years of use since. Cond: 3+. SOLD AT $22,920. The old faded Imperial Club sticker on the front bumper attested to this car's history. It was likely a low-miles original that was refreshed and toured over the years, and if the mechanicals are still strong, that could be a good way to continue enjoying this piece. Well bought and sold, especially as the first lot of the sale. #122-1959 CHRYSLER 300E 2-dr hard top. S/N M591100687. Cream/tan vinyl. Odo: 76,686 miles. 413-ci V8, 2x4-bbl, auto. Older mostly-comprehensive restoration coming apart and showing its age. High-quality 86 compartment also unmolested aside from a generic new battery. Cond: 2. NOT SOLD AT $10,500. While a sleeper preservation example of the last gaudy Edsel, it was the same color as a battleship and reminded people why certain cars of this era carry the moniker “land yacht.” It also had four doors and very few comfort and convenience items, so while it has gone just 300 or so miles in the last 38 years, chances are it will not go much further anytime soon. The high bid was likely enough. #320-1962 METROPOLITAN coupe. S/N E88324. Berkshire Green & white/white vinyl & black cloth. Odo: 1,606 miles. Comprehensive restoration of a last-year model Metropolitan exhibits only minor light stains and blemishes throughout. Chrome and brightwork excellent aside from lightly overbuffed Continental kit surround ring and thin plating on taillight trim. Interior considerably better than new including accent original caps well. Engine bay cruddy and only lightly detailed maybe 20 or so years ago. Cond: 2. SOLD AT $57,780. The second sub-10,000-mile Studebaker in as many months, this also took high honors in the price department regardless of venue or the prevailing winds on Wall Street. Built right about the time that Studebaker moved out of South Bend, this had clearly been both built and preserved well. Well sold. #386-1966 FORD THUNDERBIRD convertible. S/N 6Y85Z109557. Black/black vinyl/black vinyl. Odo: 92,937 miles. 390ci V8, 4-bbl, auto. Older restoration still a lustrous black on the outside with only minor scuffs and scratches to detract. Chrome redone, brightwork largely original and looks the part. Incorrect rear decklid rack with overbuffed chrome looks tacky, Sports Roadster parade boot fitted. Interior tidy, but front seatbacks don't match left to right. Engine bay dressed with tons of aftermarket or applied chrome plating. Cond: 3+. SOLD AT $44,280. This is the sort of car that one sees at local cruise-in nights attracting gobs of attention. Perhaps the end user was in the room, or maybe it was bought by a dealer who had one or two Sports Car Market

Page 85

Auctions America Raleigh, NC as far as claims like that go, this was completely believable. With no heater, it's no wonder it was delivered new to Hawaii, and with any luck, it was not used on any old U.S. Army Air Force base runways a quarter-mile at a time. Nicely done and slightly well sold. #131-1970 PLYMOUTH 'CUDA 2dr hard top. S/N BS23U0B170320. Copper bronze metallic/white vinyl/ prospects on the hook for such a thing. Only in the Southeast or Gulf Coast would this bring anything like this kind of money, and there was not even a hint of a Johnny Cash connection to be found. Well sold. #133-1967 PLYMOUTH GTX 2-dr hard top. S/N RS23L77236610. Medium blue metallic/blue vinyl. Odo: 62,684 miles. 440-ci V8, 4-bbl, auto. Excellent paint appears fresh and uniform throughout, chrome brilliant although some brightwork appears overbuffed. Interior near-mint except for chrome on console lid pitting in typical fashion. Engine bay exhibits older detailing over a restoration that has unwound down to incorrect dirty parts-store battery. Cond: 2. SOLD AT $44,280. A similar GTX in this color and in more original condition failed to sell here last year at a high bid of $53,000. This example sold at just below two-thirds of that car's number, and the seller should still be happy for a number of reasons. Slightly well bought. #111-1969 DODGE DART GTS 2-dr hard top. S/N LS23H9B396577. Medium blue metallic/black vinyl/white vinyl. Odo: 77,753 miles. 383-ci V8, 4-bbl, 4-sp. Highquality comprehensive restoration throughout. Excellent paint and panel gaps, correct vinyl top in place. Chrome and brightwork also nice, with few exceptions limited to anodized aluminum. Dashboard and console appear original, seats redone. Engine compartment sports proper and thorough detailing, heater-delete interesting. Cond: 2+. SOLD AT $32,940. The miles on this example were claimed to be original, and absolutely correct aside from some very minor details removing it from as-built. Cond: 1-. SOLD AT $58,320. Trophies adorned the back seat and rear footwell, and mirrors outside the car showed a concours-quality underbody. Oh, but how the mighty have fallen. One in a non-flourescent hue with the Six Pack under the hood would have been through the roof yesterday, and they still command a decent price today. There was a claim of matching numbers, and if that is in fact the case, this was a fairly stellar buy at just over replica money. #209-1975 CHEVROLET CORVETTE convertible. S/N 1Z67J5S431641. Light blue metallic/white vinyl/black vinyl & cloth. Odo: 61,715 miles. 350-ci 205-hp V8, 4-bbl, auto. Older repaint exhibits light scratching and surface defects, gaps as good as when new. Brightwork likely original and in very good condition, white top wrinkled, interior appears comprehensively restored with few faults. MSD ignition fitted. Cond: 2-. SOLD AT $12,960. Last seen at Motley's Richmond sale in April '08, where it sold for $8,856 (SCM# 116579). This car used to belong to a friend of mine who drove it on long highway trips, racking up a good percentage of the total mileage on this car in just a few short years. Cadillac people are hot for one-year period Firemist paint colors that are still attractive today, and combined with the extremely low documented mileage, this has to be considered well bought. #315-1979 PONTIAC TRANS AM coupe. S/N 2W87K9N108889. Orange/red vinyl. Odo: 31,084 miles. 400-ci V8, 4-bbl, auto. Original paint and “Screaming Chicken” decals still very crisp. Correct paint mismatch on Endura bumpers, fuel filler door slightly out of alignment. Limited brightwork without any black vinyl. Odo: 1,560 miles. 440-ci V8, 3x2bbl, auto. An over-the-top restoration. Paint and body executed to the highest standards, white vinyl top correct and contrasts with wide stripe. Chrome excellent, brightwork shows some light marring from installation. Interior near-flawless throughout, engine compartment behind something other than a 454. Initially unsold across the block, it found a home postsale. As a boulevard cruiser attractive to most, this was not a bad deal, but there's not much more upside in it. #212-1975 CADILLAC ELDORADO convertible. S/N 6L67S5Q409386. Cerise Firemist Metallic/white vinyl/white leather. Odo: 31,927 miles. 500-ci V8, 4-bbl, auto. Beautiful original paint in places, other areas either resprayed or heavily buffed. Chrome and brightwork original and still very presentable throughout, white vinyl top without defects. Light wear to heavily scrubbed, all-original interior, but no flaws evident to the naked eye. Engine bay tidy with unattractive decals on air cleaner. Aluminum radiator and aftermarket Engine bay a mixture of original components and mostly-correct accessories. Cond: 2-. SOLD AT $20,960. With factory a/c and in an attractive color combination for the period, this last-year Corvette convertible in the C3 build had plenty going for it, at least until you look between the seats and see the automatic shifter March 2009 defects but slightly dull from age. Underhood very original with older detail work. Cond: 2. SOLD AT $22,140. A remarkable original, and the antithesis of the black and gold Bandit version. As such, the bids ran through the reserve and even surpassed it by a few. There was a lot to like here, which is interesting to contrast against the relative lack of enthusiasm over a 1979 Corvette with nearly 30,000 fewer miles on it. ♦ 87

Page 86

Bonhams & Goodman Sydney, AUS Important Sports, Competition, & Collectors' Cars With the Australian dollar down against the U.S. dollar, numerous foreign accents were in the room, all attached to buyers keen for a bargain ENGLISH #55-1922 BENTLEY 3-LITER Blue Label tourer. S/N 142. Eng. # 139. Green & black/ black canvas/red leather. RHD. Last repainted and retrimmed in 1968, and body now shows chips, marks, and wear nearly everywhere. Fair panel fit for age, canvas top in good condition. Jim Clark sat here—this Lotus 25 brought nearly $1m Report and photos by Chris Bowden Market opinions in italics T he late John Dawson-Damer gave Australia's Bonhams & Goodman its most successful auto auction ever on November 16. Of the 25 automotive lots consigned, only five remained unsold after post-auction negotiations. With the Australian dollar down 20%–30% against the U.S. dollar, numerous foreign accents were in the room, all of them keen for a bargain. Motoring icons like Tony Gaze, Doug Nye, Paul Vesty, and Patrick Van Schoote were given suitable treatment by Bonhams's James Knight. Dawson-Damer's loyal mechanics fussed about the cars dur- ing the preview to ensure his legacy was properly presented, and an unseasonably cool day helped to keep the room to a reasonable temperature. The first automotive lot was a BRG Lotus Eleven, which set the pace for the auction at a strong $87,869. Straight after, a Sunbeam Alpine Le Mans replica was snapped up by an Australian collector for $26,361. Australia's first Bentley, a 1922 3-Liter, would have been the headline act, if it weren't for the Dawson-Damer cars, but it sold for a very reasonable $135,464. The next six vehicles from the Dawson-Damer Collection Sales Totals Company Bonhams & Goodman Date November 16, 2008 Location Sydney, Australia Auctioneer Tim Goodman Automotive lots sold / offered 20/25 Sales rate 80% Sales total $3,287,575 High sale drew Lotus enthusiasts from all over the world, with Jim Clark's 1962 Lotus 25 championship car the top sale at $988,524. Some cars, like the 1969 Lotus Type 63 for $146,448, were declared a bargain, while others, like the 1978/79 Lotus 79, returned a healthy $373,442. The rest are open to debate that only time will settle. The $252,623 that the 1928/45 Alfa Romeo Special commanded 1965 Lotus 25 Formula One, sold at $988,524 Buyer's premium $500k $1m $1.5m $2m $2.5m $3m $3.5m 88 13%, included in sold prices ($.65 = $1 AUD) 2008 2007 2006 will never make sense outside Australia, but the new owner lives a few blocks from the family who owned it for 80 years, so it makes sense to him. The 1938 Lagonda V12 saloon was out of place, but most of the English classics found new homes. Overall, the family of John Dawson-Damer must have been happy to see that most of his cars stayed in Australia. ♦ with some tastefully done upgrades. Comes with a heap of receipts and invoices as well as logbooks. Cond: 2+. SOLD AT $69,563. This nice old cruiser had a ton of eyeball. If they had hidden the CD player under the dash, all of the little tricks and upgrades performed would have raised a few golf claps from even the staunchest Bentley Boy. Local celebrity ownership, plenty of receipts, and a dash of old world appeal made this well bought. #66-1952 ALTA 1.5-LITER GRAND PRIX Supercharged racer. S/N 010GS4819. Eng. # 1111. Red/tan leather. Incorrect paint Sports Car Market Cond: 3. SOLD AT $135,464. The first Bentley to be brought into Australia, this lovely car had done an estimated 700,000 miles over the last 86 years. A rolling tribute to aging gracefully, the last family's 66 years of ownership served the car well. Definitely not everyone's cup of tea, but I'm sure the Bentley Boys would think it was well bought. #70-1951 BENTLEY Mk VI drophead coupe. S/N B14MD. Eng. # B7M. Red & white/red canvas/red leather. RHD. Coachwork by Park Ward. Nice paint would benefit from a light polish, chrome excellent, retrim starting to show some wear. Wood trim in good condition with only the slightest of wear. New CD player looks out of place. Underhood presents well,

Page 88

Glovebox Notes A brief look at cars of interest that have passed through the SCM stable. HHHHH is best. 2009 Suzuki Grand Vitara XSport V6 Price as tested: $25,499 Likes: Sharp redesign of stodgy predecessor with Land Rover LR3 overtones. 3.2-liter, 230-hp, VTEC V6 is sufficient. Multiple airbags, ABS, traction control, intuitive dash. Conveniently small overall, but decent back seat and fair trunk thanks to outside spare on side-hinged door. Obvious off-road capabilities, and ready for snow and ice with locking 4WD, hill-holder, and hill descent. Competitive price. Gripes: Mileage only average (18/23); cloth upholstery feels fragile for the kind of use this will probably get. Back door hinged on curb side, which hinders loading. Fun to drive: HHH Fun to look at: HHH Overall experience: HHH Verdict: Grandson of Geo Tracker has grown up well. Worthwhile alternative to CR-V and RAV4, despite poorer mileage.—Paul Duchene 2009 Mazda CX-7 Grand Touring AWD looking good and showing few minor marks from removing and refitting panels. Underhood presentation very nice, with minimal bling and a purposeful feel. Gauges not all in keeping with period, crotch-area gearbox location wrought with “what if” scenarios. Incorrect motor for chassis. An impossibly good looking racer. Cond: 2. SOLD AT $146,448. The fact that this was essentially an Alta mutt was easily forgotten. Think baby 250F Maserati and you're on the right path. Wrong this and wrong that, but who cares? It was gorgeous and everyone loved it. It read as though the car's been dormant since 1996, so a thorough check-up would be prudent before going to the track. Even though this price was well above the conservative high estimate, it's still well bought assuming it's mechanically sound. If not, so what? Invite your mates around to stare at it. #53-1957 LOTUS ELEVEN Le Mans Series I sports racer. S/N MK1267. Eng. # FWA69644007. Green/black. RHD. Much older restoration. Paint and trim good enough for a racer, hanging panels fitted nicely for a lightweight Lotus. Body has just enough small dents and ripples to prove it's aluminum. In a museum for a number The first of the Dawson-Damer collection to hit the block, this rare Type 16 had been owned by the family since 1971. One of the last frontengined F2 cars, and its benign handling characteristics and the not-too-powerful Climax engine would make it a very enjoyable historic racer—although it needs to be repowered for eligibility in its correct class, which may prove to be expensive. Well bought if you can use it as-is, and about right once you have sourced the correct engine. #64-1961 ROLLS-ROYCE SILVER CLOUD II convertible. S/N SVB99. Eng. # 642CS. Silver gray/black canvas/red leather. RHD. Excellent paint in non-original color, superb chrome, very nice panel fit. Wood trim starting to show wear around driver's area, beautiful leather could benefit from some Price as tested: $34,375 Likes: Sporty 2.3-liter turbocharged and directinjected 244-hp four is quick, Active Torque Split AWD system works well both on wet pavement and in deep snow. Comfortable leather interior for four (but a bit tight for five), plenty of cargo capacity even with split rear bench raised. Gripes: Silly credit card key needs to be studied for each unlock (and try that in the dark). Premium fuel and 16/22 mpg unacceptable. Car-like styling an acquired taste. Fun to drive: HHH Fun to look at: HH Overall experience: HHH Verdict: Well-balanced, sporty feel and some utility, excellent crash ratings, competitively priced, with laundry list of luxury options. Give me the same performance with better mileage, and lose the credit card key before I do.—Jim Pickering maintenance. Excellent restoration let down by slight trim issues. Cond: 1-. SOLD AT $106,175. A very classy old drophead that has had a lot of money thrown at it. I'm guessing the trim was done the same time as the body, and the leather hadn't aged as well as the rest of the car. The new owner paid for the restoration and got the car for free. Well bought at just above low estimate. #54-1962 SUNBEAM ALPINE Le Mans of years; no mention was made concerning its last outing. Cond: 2-. SOLD AT $87,869. An afternoon of lavishing attention on this pretty little classic racer would really make it sparkle, but that might take away from its very British “run it and leave it” feel. If only in need of a light recommissioning, then well bought; if in need of a complete rebuild, it could be scary. #56-1959 LOTUS 16 Formula 2 racer. S/N 366. Eng. # FPF430271306. Green/black. Rare front-engined F2 racer with good period history. Wear and tear around lower nose cone, recently polished paint in good condition. Steering wheel showing wear from years of use, incorrect 2.5-liter engine fitted. Good older restoration. Cond: 2+. SOLD AT $226,994. 90 Sports Car Market Replica roadster. S/N B9111678LRXSB. Eng. # HCM13722. Green & white/white/black vinyl. RHD. High-quality re-creation commissioned by a well-known car collector. Very small chips and marks in paint, attractive trim relatively unmarked, brightwork still in reasonable condition. Correct bits include seat belts. Reportedly both well maintained and mechanically strong. Cond: 2. SOLD AT $26,361. An

Page 89

Bonhams & Goodman Sydney, AUS excellent re-creation of Sunbeam's 1961 Le Mans efforts. In sharp condition overall, with nice little period touches and clever engineering throughout. The new owner should be very happy. Well bought. TOP 10 No. 2 #58-1962 LOTUS 25 Formula One racer. S/N R4. Eng. # FMMV4996. Green & yellow/ red vinyl. Freshly restored by Lotus, with paint, chrome, interior, and engine detailing looking better than new. Would need fettling, but who doesn't? No spark plug wires fitted. Cond: 1. SOLD AT $998,524. This is guaranteed to get SOLD AT $234,317. Rare doesn't always make for desirable, as this car's Tasman series configuration made it ineligible for many historic classes. The car's patina made for an excellent contrast with the brand new 25 sitting next to it. Unfortunately for Australia, the car is heading overseas to Tasmania. Well bought. #67-1967 ASTON MARTIN DB6 Vantage Volante convertible. S/N DB63660R. Aquamarine/blue canvas/cream leather. RHD. Paint shows chips and obvious sinkage on most panels. Trim crying out for attention, as is the rest of the car. Late-model CD player looks out you a start in any applicable event, as not only is it the 1963 F1 world championship-winning car, but the driver was the great Jim Clark. Among its many accolades, the chassis holds the lofty title of the most successful Lotus chassis Jim ever raced. On a purely subjective level, this must be one of the top 100 cars of all time, and taking that into perspective, I'm calling it very well bought by a local Clark enthusiast. #65-1962 LOTUS 22 Formula Junior racer. S/N 005. Yellow/bare aluminum. Paint extremely tired, with chips, marks and wear everywhere you look. No motor or wiring, incorrect wheels. An extensive restoration project. Cond: 4. SOLD AT $38,443. One of the mysteries of the auction. of place. Cond: 3-. SOLD AT $314,863. With very thick skin and poor eyesight, you could drive this car as-is. Anyone else without those afflictions would have to strip this baby back and give it the time and money such a nice model deserves. Well sold. #60-1969 LOTUS 63 Formula One racer. S/N 632. Eng. # DFV818. Red, gold, & white/ black vinyl. Fresh complete restoration by local experts. Looks as though final assembly was rushed to make the auction, as some details were missed. One of two four-wheel-drive examples built. Cond: 1. SOLD AT $146,448. Raced by JPS livery. It was always a thrill when DawsonDamer would get out his 79 for various events around Australia. The car looks perfect for an as-is museum piece that enjoys the odd spirited run, as its early-'80s repaint looked about period correct. Some serious money would have to be spent to get it back to peak race condition, but I would call this sale fair for all parties. ITALIAN #62-1928 ALFA ROMEO 6C monoposto. S/N 0111522. Red/tan leather. RHD. Converted from a saloon to this two-seat racer configuration in 1945. Paint needs detailing, with small marks and wear throughout. Odd panel fit is probably about right for custom racer coachwork. Fascinating mix of gauges date from the 1940s through the 1970s. Air it a good buy, but racing it may cost the new owner a lot more than hard-earned money. TOP 10 No. 7 #61-1979 LOTUS 79 racer. S/N 795. Eng. # DVF195. Black & gold/black vinyl. General track-type wear and tear on a car that has been used but loved. Incorrect livery for the chassis, mechanical bits look like they need a complete overhaul before any serious competition work. Cond: 2. SOLD AT $373,442. Even a Trabant would look good in Either two people in the room really wanted to go home with a Lotus Formula anything and they duked it out to silly money, or someone knew something about chassis #5 and wanted it badly. I'm guessing the former. Well sold. #59-1966 LOTUS 39 Tasman Series racer. S/N 39R12. Eng. # FPF1267. Green & yellow/black vinyl. Older restoration with various marks and scrapes from respectful track work. Rare Australian Tasman configuration. Every nut looks spannered, tires clearly used. Cond: 2-. Mario Andretti, Jochen Rindt, and John Miles. A late '60s technical tour de force with a winning potential, or a disaster waiting to happen? The most unfortunate of circumstances were the very reason this car looked brand new. Provenence, rarity, and aesthetics alone made filter looks misplaced. Cond: 2. SOLD AT $252,623. I'm sure this price would have most Alfa people turning green. The family that had owned this pretty little ever-evolving sports car since new were the Davisons—a name akin to motoring royalty down here. The story of Lex Davison winning hard-fought races and wooing his beautiful wife Diana came attached to the “Little Alfa,” and any Aussie car guy would pay a hefty premium for such an association. Well bought and sold. ♦ March 2009 91

Page 90

RM Auctions Toronto, CAN Toronto Fall Classic American hobbyists and dealers who found what they wanted had to be more than happy. The Canuck buck chose the weekend to nosedive to 78 cents Company RM Auctions Date October 24–26, 2008 Location Toronto, Canada Auctioneer Brent Earlywine, Mike Shackleton Automotive lots sold / offered 179/391 Sales rate 46% Sales total $2,237,026 High sale 1967 Chevrolet Corvette 427/435 convertible, sold at $78,531 1967 Corvette 427/435 made high sale at $78,531 Buyer's premium 10%, included in sold prices Report and photos by Norm Mort Market opinions in italics Toronto's Fall Classic Car Auction than last year's event. But last year we didn't have high oil prices, G the free-falling stock market, the slowdown in the housing and building markets (not a collapse as in the U.S.) and a weakening Canadian dollar. Last fall's event saw the top two cars sell for over $200,000 and the third for nearly $160,000, but this sale's top seller was below $80,000. That kind of drop in prices—although there was a difference in the vehicles— resulted in a total sales figure this year of just over $2.2 million, compared to last fall's $4.2 million. Interestingly, there were 31 more vehicles, twelve more sales, and the same 46% sales rate. Our fellow American hobbyists and dealers returned, and those who found what they wanted had to be more than happy. The Canuck buck chose the weekend to nosedive to $.78 USD. That left Canadians scratching their collective heads, since the dollar was about par or better with the U.S. greenback at RM's spring event. For those without a calculator handy, here are the top three cars in Canadian vs. U.S. dollars: 92 ood fall weather, big crowds, and a fine collection of vintage cars should have translated into even better results at RM 1967 Chevrolet Corvette 427/435 convertible, $78,531 ($101,000 CDN) 1957 Chevrolet Corvette with dual-quads, $64,020 ($82,500 CDN) 1970 Chevrolet Chevelle LS6, $59,752 ($77,000 CDN) Combine that with softer prices, and that's a very substantial difference Toronto, CAN in cost. Of course this is only a good situation if there are nice cars to take home. And there were some bargains, particularly among the pre-war cars. A 1946 Lincoln Continental convertible with a still-nice older restoration brought $26,462, a mint 1931 Chevrolet 5-Window coupe made $15,962, and a restored 1935 Ford Phaeton sold for $30,730—all excellent purchases. Chevy products tended to dominate the auction scene, as they did in top sales. Some went for ridiculously low prices. A nice, clean #3 condition 1946 Chevy sedan with no obvious problems hammered sold for $1,366—or what used to be the cost of a good parts car. Corvettes tended to be everywhere, and the good ones sold easily at fair prices. Was this sale an anomaly? It could be if the Canadian dollar improves (up to $.82 USD by New Year) and if the economy holds steady. Canadian new car sales—other than those from the Big Three, which were down 6%–10%—were generally strong, with Mercedes, BMW and Toyota sales already surpassing the 2007 records by the end of October. A lot is happening out there, which means you should definitely make sure your subscription to SCM (and CM), doesn't expire. ♦ $1m $2m $3m $4m $5m Sales Totals 2008 2007 2006 2005 2004 Sports Car Market

Page 91

RM Auctions Toronto, CAN ENGLISH #SP16-1959 JAGUAR XK 150 coupe. S/N S836499BW. Two-tone blue/gray leather. Odo: 23,384 miles. Paint shows lots of imperfections and dirt, chrome redone at one point and still decent throughout. Later XJ6 highback leather seats, console, automatic transmission, and column with original dash. Weird custom misfitted and mismatched carpets. Poor hood fit perhaps due to newer XJ6 engine transplant. Cond: 3. door sedan, but was really a rarer and more valuable 5-window coupe. Less common than a Model A and beautifully restored to show condition, this was an excellent buy and perhaps the best bargain at the auction. #SP28-1934 PACKARD 110 Standard SOLD AT $16,859. OK, so it was a week before Halloween, and we all needed a scary looking Jaguar. I know of two fellows who took even rarer Allards and personalized them to the point they'll never sell to an enthusiast. This price was far below what the original builder of this Jaggernot had in it, but at this price, it can be restored to original or just used as a daily driver... as long as you don't park up front. #422-1962 MG A roadster. S/N 1600HDR4366495. Red/black vinyl/black leather. Odo: 510 miles. Fresh red paint and black vinyl top, new black leather interior and black carpets. Steering wheel restored, but crack repairs evident. New chrome aside from worn original gas cap. Nicely detailed engine and fully painted underside. Concours- noted. Rip on side of console, tape/glue on dash top, and telephone aerial on rear cowl. Recent polished windshield didn't remove all wiper marks. Clean underhood with matte black underside. Decent driver with room for improvements along the way. Cond: 3. NOT SOLD AT $43,000. Here was a Jag that had been used regularly in the past. The telephone and Alpine stereo definitely looked out of place, as did the added third brake light mounted on the trunk. The V12 Jags are not as sought after as the more reliable and less-expensive-tomaintain sixes, and their lines are not as appealing to many, which is reflected in a lower market value. The high bid was good money for this example. GERMAN #407-1963 MERCEDES-BENZ 220SE cabriolet. S/N WDBAB53A2EA072351. Cream/black cloth/brown vinyl. Odo: 169,924 km. Previously refurbished, with still very good paint and chrome. Mostly original and very presentable brown seats, carpets, and wood trim. Recent refreshed detailing under Eight sedan. S/N 376863. Two-tone blue/ black vinyl/gray cloth. Odo: 11,147 miles. Paint beginning to bubble, red pinstripes add some contrast to colors. Sober gray interior and carpets decent but smelly. Apparently less than 1,000 miles since engine and transmission rebuild, but in what year? Yellowed wide whitewalls nicely set off blue metallic painted wire wheels. Dirty windows attest to long storage. Did I see Packard enthusiasts crying? Cond: 3. NOT SOLD AT $29,500. Formerly part of the Gast classic car museum in Lancaster, Pennsylvania, this big old 110 was restored in the mid-1970s. Toronto must have some color-blind Packard enthusiasts, as there always seems to be one painted in the gaudiest combination. Metallic blue on blue did nothing to ingratiate this big sedan with bidders, and although the top bid was perhaps low considering this car's overall condition, it wasn't based on color and presentation. #SP136-1935 FORD DELUXE phaeton. S/N 1756824. Cordoba Gray/tan cloth/brown vinyl. Odo: 38,452 miles. Nice older restoration finished in Cordoba Gray with apple green wheels and pinstripe. Tan cloth top and tobacco like condition with wide whitewall tires and chrome wire wheels. A real eye-catcher. Cond: 2. SOLD AT $20,468. This had clearly been treated to a professional restoration with excellent attention to detail. MG As are tough when it comes to panel fit, especially around the doors, but this example was very straight. With MG A prices still strong, this was another bargain bought at below market value and at probably half the cost of its restoration. #SP122-1974 JAGUAR XKE SIII con- vertible. S/N UE1S23520. Red/tan cloth/tan leather. Odo: 36,503 miles. Older restoration with rich red paint and newer chrome that's beginning to show its age. Steel wheels with wire wheel discs on whitewall tires not appreciated by many. Fresh tan leather interior lacks sufficient padding, particularly droopy headrests March 2009 the hood, but more work is needed. Underside solid and painted matte black. Cond: 3. SOLD AT $19,633. This was described as having reupholstered brown front leather seats to factory specs, but they looked like vinyl to me. The wood was supposedly original, but had a newish-looking satin finish. Regardless, this was an excellent driver and well worth the price. A very good buy. AMERICAN #154-1931 CHEVROLET INDEPENDENCE 5-Window coupe. S/N 560591E12. Maroon & black/black vinyl/gray cloth. Odo: 43,596 miles. Fitted with side mounts, coil lights, radiator mascot, rear luggage rack, and rumble seat. Flawless two-tone paint with fresh gray, period-correct interior shows well. Recent chrome, basic detailing on underside, fully detailed engine. A real charmer and restored to a high level. Cond: 2+. SOLD AT $15,962. This Chevy was described as a two- interior remain in very good condition, chrome still shiny. Clock in rearview mirror, Ford script gas cap, rear-mounted hardcover spare, luggage rack. Also fitted with fog lamps, dual horns, grille bar, spotlight, factory radio, and greyhound mascot. Detailed engine, painted underside needs refreshing. Boot and side curtains included. Cond: 2. SOLD AT $30,730. Last seen at RM's Meadow Brook sale in August '08, where it failed to sell at $37,500 (SCM# 117417). A former first place award winner at the AACA National and Regional meets as well as at the Early Ford V8 Club of America 93

Page 92

RM Auctions Toronto, CAN Nationals, this car was still in show condition and was a great buy at this price. #SP137-1946 LINCOLN CONTINENTAL convertible. S/N H144079. Lincoln Maroon/ tan cloth/red & tan leather. Odo: 619 miles. Appropriately outfitted with radio, heater, clock, dual fog lights, rearview mirrors, wide whitewall tires, and customary Continental spare. Proper Lincoln Maroon paint not show-perfect, but with very few flaws. Tan power cloth top looks great. Older chrome is still decent, red and tan leather interior shows little or no wear. One of just 201 built in 1946. Cond: 3. SOLD AT $26,462. Another bargain. The owner stated $20k Canadian was recently spent on the V12, transmission, and mechanicals. Although this was an older restoration with some wear, there was not as much as one might think, considering the recent work performed and the car's overall condition. A genuine classic ready for show at club events for under $30k? Where was my bank manager when I needed him? #SP124-1955 CADILLAC COUPE DEVILLE 4-dr hard top. S/N 556209217. Pink & white/taupe vinyl & velour. Odo: 87,870 miles. 331-ci V8, 4-bbl, auto. Well optioned with a/c, power brakes, wide whitewalls, dual spots, and Wonderbar radio. Older paint shows some prep issues, all chrome redone in the past to a high standard. Non-original taupe vinyl heater, Town & Country radio, power steering, and power brakes. Cond: 1. SOLD AT $46,094. Last seen at RM/Kruse Toronto in April '92, where it sold at $41,670 (SCM# 877). As little 'Birds go, the only slightly changed '56 is always a better choice than the '55. Sure, it has a Continental kit and portholes in the hard top, but fender vents on the '56 make driving a far cooler and pleasurable experience. Offering this car at no reserve paid off for both buyer and seller. There's little or nothing to do except enjoy it, and I doubt the new owner will lose on this purchase when it's time to sell. #SP135-1957 FORD THUNDERBIRD convertible. S/N D7FH214200. Blue & white/white vinyl/white vinyl. Odo: 44,186 miles. 312-ci V8, 4-bbl, auto. A rust-free, older nut-and-bolt restoration that still has plenty of shine in it. Blue paint a bit thin in areas, chrome bright and only suffers from polishing marks. White vinyl interior and carpets look virtually restoration. Cond: 1-. SOLD AT $64,020. Little to criticize here. This was a nice solidaxle 'Vette at a great price, and the owner can just show and enjoy. Well bought just below average market value. #SP115-1958 PONTIAC PARISIENNE 2-dr hard top. S/N 8784743813. Redwood Copper & white/white & brown vinyl. Odo: 18,292 miles. 370-ci V8, 4-bbl, auto. Redwood Copper metallic body with Dover White top striking and suffers only minimal imperfections. Rare side stainless moldings aren't perfect, but it's virtually impossible to find better pieces. Chrome a mixture of fresh and nice original. and white velour interior shows minor wear and stains. Clean under-hood, but not detailed. Frame black with white overspray. The perfect cruiser if you're into pink. Cond: 3. SOLD AT $13,231. This was a very solid, rust-free, straight Caddy offered at no reserve, and it sold for a price equivalent to what it would currently cost to redo just the chrome. The buyer can enjoy and make numerous improvements without worry. Well bought. #SP128-1956 FORD THUNDERBIRD convertible. S/N P6FH237689. Colonial White/black cloth/white & black vinyl. Odo: 237 miles. 312-ci V8, 4-bbl, auto. Concourslike white finish with sharp contrasting black Stayfast top. Tinted glass, twin chrome mirrors, and rear-mounted spare all showing well. Wide whitewalls mounted on steel wheels with wire discs, otherwise well optioned with clock, tach, 94 new. Fully detailed V8 with original-style battery, underside painted and detailed. A ready-forshow T-Bird with only minimal improvements necessary. Cond: 2-. SOLD AT $34,144. The little 'Birds seemed to have stalled and slipped in the market over the past few years. It's all about the options with cars like this, and this one had lots, including two tops, Kelsey-Hayes wire wheels, Town & Country radio, reverse lights, fender skirts, engine dress-up kit, power steering, and power brakes. An excellent buy. #SP145-1957 CHEVROLET CORVETTE convertible. S/N E57S105359. Cascade Green & white/white vinyl/beige vinyl. Odo: 3,503 miles. 283-ci 245-hp V8, 2x4-bbl, 3-sp. Recently completed three-year body-off restoration by a member of the NCRS. Well done paint, new Shoreline Beige Al Knoch interior and top. Seats badly wrinkled and need more padding to fix. All new chrome, detailed engine and chassis. Wide whitewall tires and matching painted steel wheels with full discs. A beautiful example being driven just 3,500 miles since Inside clean with newer brown carpets. Basic detailing under the hood and on chassis. Original build sheet and matching numbers a bonus. A stylish ride. Cond: 3. SOLD AT $15,792. Apart from the metallic paint and aftermarket wire wheels, this was a pretty original example of a hard-to-find Canuck high-end Pontiac. If it had been a Chevy, the price would have been twice as much at least. Still, if you're into Pontiacs, this was a great example for not much money. #127-1960 FORD F100 pickup. S/N 16706A6991018ZL. Turquoise & cream/turquoise & cream vinyl. Odo: 18,045 miles. 223ci straight 6, 2-bbl, 3-sp. Professional body-off restoration with fresh paint and matching vinyl interior. Detailed underside, nicely appointed engine and compartment. Incorrect hubcaps and black scratch guard box, but otherwise totally correct and virtually flawless. Cond: 2+. SOLD AT $8,963. Another great bargain bought by an American collector from the Rochester, New York, area on Friday night. He Sports Car Market

Page 94

RM Auctions Toronto, CAN already has one he loves, but this example was too good to ignore. (He also picked up a clean Henry J to accompany his Kaiser.) Price was well below market value for condition. #416-1963 CHEVROLET CORVETTE convertible. S/N 30867S118543. Red/white vinyl/black vinyl. Odo: 83,052 miles. 350-ci V8, 4-bbl, auto. Passenger door fit tight at Apillar/vent window, driver's door rubbing on Bpillar. Recent red respray with evidence of dirt and prep problems, star crack on hood. Mostly fresh chrome, pitted vent windows. New black vinyl interior and carpets, door panel fit not #SP127-1966 FORD MUSTANG convert- ible. S/N 6R08C118376. Red/white vinyl/white vinyl. Odo: 25,822 miles. 289-ci V8, 4-bbl, auto. Fully restored to a high level inside and out with pony seats, bright red paint, and showquality chrome. Added GT equipment includes fog lamps, polished stainless, and mag wheels. great. Like-new console and dash. Basic detailing on non-original 350 V8, flat black chassis. Cond: 3-. SOLD AT $31,583. This 'Vette had its fair share of problems, and with the 350 transplant, the price was right. A-pillars are a common problem on 'Vettes, and it usually means the dash should be removed. This could prove a very good buy after improvements are made. Then again, proper door fit might end up being a very expensive proposition on a nonmatching-numbers example. #SP100-1965 FORD THUNDERBIRD convertible. S/N 5Y85Z127116. Red/black vinyl/black vinyl. Odo: 3,519 miles. 390-ci V8, 4-bbl, auto. Fitted with power steering, power brakes, power windows, tilt, AM/FM, and a/c. Rarer options include 4-way flashers and reclining passenger seat. Uneven red paint with bubbling fenders and visible cracking at rear. Older chrome still nice. Hood out of adjustment. Previously replaced black slightly A rust-free Texas car. Virtually flawless. Cond: 1. SOLD AT $30,089. There are plenty of bread-and-butter Mustang convertibles out there in collector land, but many are nasty, so good ones are still going for good prices. This was bought on the high side, but it was probably the nicest I've seen in a long time. Considering the difference in asking prices for mediocre examples and this concours example, it was well bought. Both buyer and seller should be pleased. #SP143-1966 CHEVROLET CORVETTE coupe. S/N 194376S105720. Red/red leather. 427-ci 450-hp V8, 4-bbl, 4-sp. Fitted with side exhaust, correct wheels, period whitewalls, teak steering wheel, AM/FM radio, power antenna, heater, clock, and clean red leather upholstery with matching carpet. Decent paint with only minor imperfections. Rechromed bumpers, seats, and panels look good. Engine detailed but not to a concours level. Cond: 3. SOLD AT $78,531. This 435-hp 'Vette, claimed to be numbers-matching, was offered with all its original manuals as well as photo documentation of the restoration, so there were no mysteries here. Price was a bit low in this current market, but not by much for a scruffy car. #SP93-1967 CHEVROLET CORVETTE convertible. S/N L000000001. Black/black cloth/black vinyl. Odo: 64,676 miles. 327-ci 300-hp V8, 4-bbl, auto. Decent paint with minor imperfections and some sanding marks. Fitted with side exhaust, Redline tires, and a new black cloth top. Fresh chrome with minor scratches on bumpers and pitted vent windows. Newer black vinyl interior, mild wear on black carpets. Clean dash and gauges, underside and engine clean and have had some detailing. A clean example. Cond: 2. SOLD AT $47,800. Last seen at RM's Toronto sale in April '08, where it failed to sell at $51,000 (SCM# 116272). A sharp looking 'Vette to enjoy with minor, easy-to-fix problems. The seller did well, but this was a fair deal for both, as it has good investment potential in the future. #SP04-1968 CHEVROLET CAMARO worn carpets need refitting, vinyl seats show minor wear, a/c does not work. New chrome wire wheels and optional dealer tonneau fitted. Detailed underhood, but more work needed. A 20-footer. Cond: 3. SOLD AT $13,017. A great summer evening cruise car with lots of style for little money. This price left room for a few relatively inexpensive improvements while enjoying the ride. This no-reserve price was more than fair for both buyer and seller. No harm done. 96 other chrome OK aside from scratched trim and pitted door handles. Red leather seats like new but slightly underpadded. Clean under hood with a start on detailing, sprayed black underside. A great driver with room for improvement. Cond: 2-. SOLD AT $52,923. Reportedly a matchingnumbers 427 and 4-speed as noted in the RM catalog, but none of the usual documentation was mentioned. Assuming everything is kosher, this was a very good buy. #SP121-1967 CHEVROLET CORVETTE convertible. S/N 194677S109299. Silver & black/black vinyl/black vinyl. Odo: 64,880 miles. 427-ci 435-hp V8, 3x2-bbl, 4-sp. Older silver paint with minor flaws, including sanding marks and chips on nose and hood area. Pitting on vent windows and door handles, bumpers nicer. Optioned with side exhaust, power brakes, AM/FM radio, and dash-mounted clock. Some wear on console, but carpets, SS coupe. S/N 123378N426071. Red/black vinyl. Odo: 31,432 miles. 396-ci V8, 4-bbl, 4-sp. Older restoration, bright red paint and all black interior look great. Added Pro-Comp gauges tacked on dash, detailed underhood with extra chrome. Stated to have a 425-hp 396 and 12-bolt rear end. Excellent chrome, side window stainless scratched. Aftermarket American Racing wheels a bit odd. Could easily look even nicer. Cond: 2-. NOT SOLD AT $26,000. This was conspicuous, as there was no statement regarding authenticity. This was a nice fun car that looked well screwed together, but it didn't light up the crowd, so the owner was wise to pass. #SP120-1968 SHELBY GT500 fastback. S/N 8T02S16927101014. Gold/black vinyl. Odo: 57,939 miles. 428-ci V8, 4-bbl, auto. Nicely restored Shelby Mustang in virtually flawless gold paint. Excellent chrome and interior. Underside lacks detailing, engine Sports Car Market

Page 96

RM Auctions Toronto, CAN to “exact” NASCAR 429 specs, but chassis strangely finished in basic black. Original Boss brakes. Cond: 1. NOT SOLD AT $86,000. This beautiful Mustang had everything going for it except its lack of pedigree. A clone is a clone, and that pretty well sums it up. Market-correct high bid. #SP36-1971 DODGE CHALLENGER and compartment decent. Ten-spoke Shelby aluminum wheels look new. Sunlit Gold color is different, but not greatly sought after. A clean, fully documented example. Cond: 2. NOT SOLD AT $70,000. This GT500 came with all the proper paperwork from the Shelby America World Registry. Equipment included power steering, power brakes, and a/c. It also featured the original Shelby roll bar and inertia-reel racing harnesses, as well as a sunvisor signed by the master himself. As an originalmile example, the top bid wasn't even close. #SP116-1969 CHEVROLET CAMARO SS coupe. S/N 123379N711910. Cortez Silver & black/black vinyl. Odo: 9,217 miles. 350-ci V8, 4-bbl, auto. Looks to have been restored by an enthusiast. Enough said. Silver paint thick in gutters, with some overspray and minor imperfections. Fresh black vinyl seats and panels, driver's seat lacks padding. Aftermarket inspection reports, fender tag coding, owner's manual, and a folder full of receipts. This price was close, but the owner was still looking for more. #SP95-1969 PLYMOUTH GTX Hemi 2-dr hard top. S/N RS23L9A301835. Green/green vinyl. Odo: 3,833 miles. 530-ci supercharged V8, 2x4-bbl, auto. Straight body with metallic green paint showing lots of dirt and imperfections. Stripped-out interior nicely repaneled, roll cage fitted, fresh green carpet and vinyl seats. Custom aluminum dash with more instruments than most jets. Added performance goodies Interior isn't fresh either, but shows no real wear. Lots of eyeball. Cond: 3. NOT SOLD AT $49,000. Years ago you read in SCM about how replicas would fare in the market in the long run, and the hard, cold truth has become quite clear. This seller was looking for more, but this was a reasonable bid considering this car's replica status and the current market in general. modern stereo with missing speaker covers on doors, extra plastic switches and B&M 3-speed shifter on tunnel. Original scratched windshield and dinged trim, tinted adhesive on windows already peeling off. Rechromed/reproduction bumpers, door handles, etc. Cond: 3. SOLD AT $18,352. Despite its flaws and my criticism, this wasn't a bad Camaro. It was a sharp-looking coupe that could easily be enhanced to add to its value. Well bought and sold. Both parties should be happy. #SP140-1969 DODGE SUPER BEE 2-dr hard top. S/N WM23M9A301690. Orange & black/black vinyl. Odo: 22,473 miles. 440-ci V8, 3x2-bbl, 4-sp. Typical '60s orange with few flaws other than some polishing marks in finish. Fresh black carpets, seats, and panels, chrome and window trim scratched in places. Nicely detailed engine, orange and matte black undercarriage shows well. Redline tires, steel wheels. A very straight matching-numbers Bee. Cond: 1-. NOT SOLD AT $85,000. While it was nicely presented, the money just wasn't there for this Super Bee. All the paperwork was, though, with two Galen Govier visual include MSD ignition, 2800 stall converter and overdrive tranny, BDS 1271 blower, dual Holley 780 carbs, 200-amp alternator, 4-wheel disc brakes, and side exhaust. Frame strengthened. Cond: 2. NOT SOLD AT $65,000. Somebody else's reportedly $350,000 build dream. First you had to like green, and then you had to like custom Pro-Street-style Mopars. Not too many here apparently wanted to live that dream. Top bid probably would have covered taxes and shipping charges. An expensive lesson for the builder. #SP01-1970 FORD MUSTANG Boss 429 Replica fastback. S/N 0T02F164095. Black/ black vinyl. 429-ci V8, 4-bbl, 4-sp. Complete nut-and-bolt restoration. Flawless black paint, all-new black carpets and vinyl seats. Dash and console spotless. Fully detailed engine built clean throughout. Cond: 2. NOT SOLD AT $31,000. A claimed matching-numbers former California Trans Am with the correct flying chicken on the hood, and one of just 272 Trans Ams built that year with a 4-speed in Buccaneer Red. These Firebirds—seemingly all referred to as Smokey & The Bandit cars regardless of color—are growing in demand. A few years ago you could buy them for under $10k, and #SP33-1973 PONTIAC TRANS AM coupe. S/N 2V87Y3N130614. Buccaneer Red/black vinyl. Odo: 12,773 miles. Fresh Buccaneer Red paint suffering only from a few minor prep issues. New chrome door handles, badges look original. All new inside including black carpets and vinyl interior, spotless honeycomb alloy wheels fitted with fresh rubber. Appears all-original under the hood, but is very R/T Replica convertible. S/N JH27L1B159350. Red & black/black vinyl/black vinyl. Odo: 20,007 miles. 383-ci V8, 3x2-bbl, auto. Designated an “R/T Tribute,” this is an older restoration replica with all the bells and whistles and none of the heritage. Paint is well done and still looks very good, but use and age of detailing were evident under the Shaker hood. 98 Sports Car Market

Page 97

RM Auctions Toronto, CAN now under $30k is considered a bargain. That said, this bid seemed like more than enough. #465-1980 CHEVROLET CORVETTE convertible conversion. S/N 1Z878AS430628. White/white vinyl/black vinyl. Odo: 51,240 km. 350-ci V8, 4-bbl, auto. Partially resprayed nonmatching white with numerous chips, door handles and badges poorly repainted. Dirty white vinyl top, worn plastic console, new seat bolsters with original inserts, panels and carpet show age. Door panel catches on door when opened. Rubber petrified, side windows scratched and not able to roll all the way up. Underside looks to have been recently resprayed black. Cond: 4. SOLD AT $5,548. A handyman's drop top conversion. The new owner could make some money on this one if he's interested in a quick turn-around, or it could just be cheap entry into the Corvette owners club. #176-1991 CHEVROLET CORVETTE ZR-1 coupe. S/N 1G1YZ23J5M580004. Blue/ brown leather. Odo: 12,362 km. 350-ci fuel-injected V8, 6-sp. Original paint shows minimal wear, the same goes for under the hood. Twotone brown leather interior nice, other than some cracking on driver's seat. Rubber cracked “The must-read magazine for Corvette collectors” around windows, noted recent new radiator and brakes on clean, original chassis. A very decent example that appears to have been reasonably well cared for since new. Cond: 3. SOLD AT $13,231. Overall good condition, ZR-1 designation, and being one of 50 in this color combination helped sell this driver-quality C4 'Vette. I'm sure the seller was looking for more, but this was no in-the-wrapper ZR-1. Market correct. ♦ Subscribe Today! One Year Corvette Market (4 issues), plus bi-weekly Corvette Insider's email newsletter, $29.95. Subscribe online at www.vettemarket.com or call 1.800.810.7457 March 2009 99

Page 98

eBay Motors Online Sales Tire Fryers I'll bet this particular asset beat the “Beep Beep” out of the S&P 500 and could still lay down one hell of a smoking burnout in front of the NYSE Report by Geoff Archer Market opinions in italics This month's collection should have just the thing for those looking to mash the loud pedal while they can still afford to. N Condition inferred from seller's descriptions; cars were not physically examined by the author. All quoted material taken from the eBay listings. (sf=seller's feedback; bf=buyer's feedback) #230181201425-1959 ASTON MARTIN DB Mk III 2+2 coupe. S/N AM30031523. Black/red leather. Odo: 68,751 miles. 103 Photos. Houston, TX. “Only 551 produced.” New chrome 16-inch knockoffs really pop against glossy paint, three tiny dings could be worked out by a paintless dent wizard. Restored interior looks great. “I AM 6'4” 300LBS & AM MORE COMFORTABLE IN THIS ASTON THAN I AM IN A DODGE VIPER.” (Aren't we all?) Hi-Po 350 Chevy and Tremec 5-speed, suspension modified accordingly. “STARTS,RUNS ow that a fill-up no longer requires a second mortgage, why not celebrate in style? one of the tensioner wheels is a bit noisy and I think it needs a new fan clutch.” 15 bids, sf 103, bf 2. Cond: 3-. SOLD AT $13,000. Sold on eBay in December '05 for $15,699 (SCM# 39997), sold again on eBay in October '07 for $17,700 (SCM# 47397). What other reliable car can you buy with similar styling? Ferrari 400i? Maserati BiTurbo? Bitter SC? You probably see where I am going with this... And, with the 351 Cleveland, this'll actually get there without bursting into flames. I wouldn't be too proud of this purchase given its abundant cosmetic issues, but I wouldn't be embarrassed about the price paid. You won't find another (drivable) one for less. #130225132153-1990 MAZDA MX- AND DRIVES BEAUTIFULLY, WITHOUT ISSUES. THE FUN INCREASES IN DIRECT PROPORTION TO THE PACE.” 1 “Best Offer” bid, sf 839, bf 17. Cond: 2. SOLD AT $90,000. Seller asserts that “CLASSIC CARS YIELD AN 8 POINT ROI. HOWEVER, ASTON MARTINS OF THIS CALIBER EXCEED THAT NUMBER ANNUALLY.” While very appealing to own and drive, we SCMers know that a car modified in such a way will not appreciate like a pristine original. Still, trucking it to Arizona in January could have made money for the new owner. A market price, considering modifications and venue. #180267734308-1975 BMW 570 4-dr sedan. S/N 5021046. Metallic blue/tan leather. Odo: 54,130 miles. 9 Photos. Lake Forest, CA. 2,170 miles since custom installation of alcohol-fueled “7.0 ltr 427-ci all aluminum Donovan stroker small block” Chevy previously used in a sprint car. Tidy integration includes TKO 5-speed, Jag rear, 993 calipers, 928 master cylinder, 2.5-inch stainless exhaust, etc. Color-changed Euro-style exterior looks great with deep 17inch Alpina rims. Interior tired. Minor needs 100 remain, including a (literally) manual choke that requires your hand and/or a rag. 1 bid, sf 483, bf private. Cond: 3+. SOLD AT $22,000. Is there a carpool lane in SCCA Pro Drift competitions? I can see it now... passengers blog and Twitter for “Roundel” while you smoke out the local Starbucks drive-thru (better hope they chip in for tires). Although the seller was correct in saying this couldn't be built for the money, this does seem like a decent deal for the not-quite-finished ultimate drifting machine. #280182129055-1975 DETOMASO LONGCHAMP coupe. S/N THLCPS02395. Yellow/brown leather & cloth. Odo: 93,952 miles. 13 Photos. The Hague, Netherlands. One of 409 made. “A rare Italian Stallion with brute American Power under the hood.” This example is looking, well, almost as old as I am. “Some blistering on the trunk lid here and there are little chips and on the middle of the hood they once used a carburetor stud too long, so you can guess what happened. It is also missing the front and rear bumper...” Interior is worn and tired. “Also 5 MIATA Monster convertible. S/N JM1NA3510L0106491. Red/black vinyl/black leather. Odo: 76,000 miles. 22 Photos and 1 Video. Bethesda, MD. “This car is documented as one of the first ‘ten or so' of the original and famous MONSTER Miata V8 convertibles of the 1990s. Only 300 of these then wildly popular and extremely high performance cars exist... they are scary fast due to the high-performance Ford V8 engine and light weight transmission identical to those found in a Mustang GT... now capable of 0-60 m.p.h. in only 4.7 seconds!!!” Nice overall condition. 17 bids, sf 345, bf 13. Cond: 2. SOLD AT $18,500. Seller provides data and commentary on several comparable sales of “official” Monster V8 Miatas, Supercharged MegaMonsters and DIY impostors. Suggested possible trades—potentially useful but obviously biased—probably did a better job of pushing this price. Hmm. A Saab 9-3 convertible or this? An MR2? An H-D Sportster? I think I'll up my bid a few grand so that's not what I'm stuck with. Strong price, but not unreasonable. #150311069181-1969 PONTIAC GTO The Judge Ram Air IV 2-dr hard top. S/N 242379A125009. Carousel Red/black vinyl. Odo: 76,860 miles. 24 Photos. Summerfield, NC. “Sold new at Neill Pontiac in High Point, NC and has remained within 15 miles of the selling location since new. It has 76,860 miles that are documented via NC State inspection receipts and NC titles. It has traveled 1,800 miles since Sports Car Market

Page 99

Fresh Meat Online sales of contemporary cars. 1987.” Copious documentation, PHS, MSO, Protect-O-Plate, etc. One repaint 20 years ago. Hood tach inoperative. 29 bids, sf 209, bf 6293. Cond: 1-. SOLD AT $115,100. A buyer with a 6,000+ rating clearly knows what he or she wants; Ram Air IV, heaps of paperwork and a near-perfect condition. Current market price for blue-chip muscle. #170279852628-1969 FORD MUSTANG Boss 429 fastback. S/N 9F02Z171576. Wimbledon White/black vinyl. Odo: 44,491 miles. 24 Photos. Bradenton, FL. Engine, 4speed, and 3.91 Traction-Lok rear match Marti report. “In storage for over 25 years. The car is not running but was running when it was parked. This car is all original except for the distributor which was changed to an Accel by a previous AT $41,100. The perfect Cannonball throwback to sacrifice on a Bullrun Rally (www.bullrun .com) for about the cost of the related depreciation on a new Lambo, or a crappy kit car that would never get invited in the first place. Just try to remember that nothing will happen when you pull the chute. #160231929213-1971 PLYMOUTH ROAD RUNNER Hemi 2-dr hard top. S/N RM23R1R225XXX. Winchester Gray Metallic/ black vinyl. Odo: 33,481 miles. 24 Photos. Alsip, IL. “Only One Known” painted in this color. “Original 426 HEMI, Dual Quads” ps, pb, “6 Way Drivers Bucket Seats, Perfect Ralley Dash, Automatic, Super Track Pack A34 Package, Dana 4.10:1 Posi Rear End, Tuff Wheel, AM Radio, Rear Speaker, Rear Window Defogger, Console, G60X15 Bias Ply Firestone RWL Tires Repro, Original Stock Bias Ply Tires Come With Date sold: 11/19/2008 eBay auction ID: 140282707768 Seller: Lamborghini Gold Coast, Chicago, IL, www.luxurymotors.com/lamborghini Sale Type: Used car, 4,135 miles VIN: ZHWGU22T37LA04875 Details: Red over cream w/red piping, eGear paddle shifters, carbon fiber console Sale result: $190,995, 5 bids, sf 1, bf 1 MSRP: $206,000 (base) Other current offering: Newport European, Newport Beach, CA, www.newporteuropean.com, asking $219,000 for better optioned car with 2,850 miles. owner. The body is in good restorable condition. The paint is believed to be original and is flaking off in some areas exposing the red primer.” Uh, we call that surface rust where I come from. 44 bids, sf 164, bf private. Cond: 4-. SOLD AT $124,900. Seller thinks that “You may not get another opportunity to bid on a survivor of a true legendary muscle car.” Some might argue that you don't want to. SCM's Colin Comer joked with me that this was a nice start on a $200k restoration. In that case, I say well sold. #190220491319-1970 LAMBORGHINI COUNTACH 5000 Custom coupe. S/N 1091240. Black/tan leather. 30 Photos. Fullerton, CA. “Registered as a Lambo not a kit car.” Tube frame chassis with “true Lambo body” created “to run the Silver state classic in Nevada. The car is capable of running over 200 mph... If you look at the back of the car you can see where there was a parachute at one time... There are Car. Working N96 Air Grabber Hood, Only One Exterior Repaint. Underside Is ALL Original. Drives And Runs Excellent.” Galen Govier. 12 bids, sf 16, bf 1. Cond: 2. SOLD AT $149,000. This price was strong but appropriate given the car's rarity and condition. That said, in the nine months that have transpired since this sale we had a massive financial crisis that already has one in ten Americans living on food stamps. Although I doubt it has appreciated much in this time, I'll bet this particular asset beat the “Beep Beep” out of the S&P 500 and could still lay down one hell of a smoking burnout in front of the NYSE. #220203260881-1987 BUICK GRAND NATIONAL 2-dr sedan. S/N 1G4GJ1170HP459511. Black/gray cloth. Odo: 15 miles. 28 Photos. Shawsville, VA. “15 MILE GN!!! 1 OWNER CAR!! ORIGINAL TITLE, WINDOW STICKER, BUILD SHEET, BANK CONTRACT, BOOKS, LETTER FROM THE SELLING DEALER AND MUCH MORE!! CAR HAS BEEN KEPT IN A HEATED GARAGE ON JACK STANDS SINCE NEW!!” 2007 Lamborghini Murcielago LP640 Spyder 2007 Lamborghini Gallardo Spyder Date sold: 12/17/2008 eBay auction ID: 290283323427 Seller: Straight Line Automotive Group, Dallas, TX, www.straightlineautomotivegroup.com Sale Type: Used car, 1,522 miles VIN: ZHWBU47S77LA02438 Details: Triple black, eGear, navigation Sale result: $289,888, 1 bid, sf 258, bf 0 MSRP: $311,100 (base) Other current offering: Lamborghini Chicago, Chicago, IL, www.foxvalleymotorcars.com, asking $329,900 for yellow/black car with 2,805 miles. 2004 Lamborghini Gallardo also pins that you put in so that the doors don't open at high speeds... The motor is a V8 small block Chevrolet stroker with port fuel injection,” 4-bolt main, dry sump, and Porsche 930 4-speed. 24 bids, sf 11, bf -1. Cond: 2. SOLD March 2009 MSRP was $16,154. 29 bids, sf 140, bf 0. Cond: 1. SOLD AT $58,100. If you remember the buried '57 Belvedere in Tulsa, then you know that these time-capsule plans don't always turn out so well. There are a few notable differences here, however; jack stands and air flow beat subterranean plastic wrap every time. Most importantly, this was actually a cool car to begin with. This price bests a GN sold at B-J Vegas in October by 50% (SCM# 118335), a gap justified less by the fact that it has 440% fewer miles and more by the fact that it has only 15. ♦ Date sold: 12/22/2008 eBay auction ID: 130275478020 Seller: eBay ID danigold82 Sale Type: Used car, 5,228 miles VIN: ZHWGU11S64LA00835 Details: Yellow over black w/yellow stitching. $20k in options, including eGear, Tubi exhaust, carbon fiber accessories, and 19″ Murcielago wheels Sale result: $100,100, 18 bids, sf 256, bf 20 MSRP: $165,900 (base) Other current offering: Intersport Auto Sales, McLean, VA, www.intersportautosales.com, asking $119,000 for similar yellow car with 6,900 miles. ♦ 101

Page 100

Bike Buys Böhmerland Bohemian Rhapsody Cut off from the world in 1924 and left unsupervised with a tubing bender and foundry, you might have built the Böhmerland, and become a cult hero by John L. Stein W hen the circus rolled into town, everyone wanted to see the freaks—the bearded lady, the six-legged calf, and the man with the knife in his head. P. T. Barnum could have added Czechoslovakia's Böhmerland motorcycle to his cast, because even 70 years after production ceased, it still stuns motorcycle and car fans alike. One look tells why. With its sunflower-yellow tubular steel lowboy frame, motorcycling's first cast-aluminum wheels (whose elegant kaleidoscopic design is eerily reminiscent of early Porsche 928 hoops), red sheet metal, and finned black cylinder casting, it inexplicably flies the colors of the German flag while remaining utterly unique in its Česká engineering—even after nearly a century. In fact, the Böhmerland is still inventive enough that it could easily qualify as a contemporary Discovery Channel or a chopperbuild show project. If only they had half the Böhmerland inventor's imagination. Most motorcycles of the 1920s were single cylinder, and the Norton CS1, an Isle of Man Senior TT winner in its day, was arguably the world's most advanced. Even today these ancient steeds look like proper motorcycles. But not the Böhmerland, which broke numerous barriers for its design and appearance. Several hundred units (up to 1,000 by one estimate) were created by mechanic-turned-manufacturer Albin Hugo Liebisch in Czechoslovakia between 1924 and 1939, when the hostilities of WWII ended production. Breaking all the rules of design and appearance Made in Krasna Lipa, Bohemia, the Böhmerland was intended as a simple, ro- bust transportation device and, affectionately called the Čechie at home, it followed Liebisch's path and no one else's. For instead of solo- or dual-passenger capacity—as for most motorbikes then and now—measuring some 10.4 feet long with a wheelbase nearly a half-foot longer than a Porsche 356's, the Böhmerland Langtouren (long touring) seated three, while a special police variation could seat four. If the Monkees had only known… As the longest production motorcycle in the world, the rangy Böhmerland also fea- tured two separate gearboxes, one operated by the pilot and another—when steep hills required it—by a passenger. As was common during the period, the Böhmerland has a rigid rear suspension but uses an unusual leading-axle tubular fork with twin coil springs and friction dampers. The term Böhmerland translates simply to Perfect Böhmerland owner: Can rescue two stranded motorists at once Rating (HHHHH is best): Fun to ride: HHH Ease of maintenance: HHHH Appreciation potential: HHH Attention getter: HHHHH Number produced: 1,000 approx. Original list price: n/a SCM Valuation: $30,000–$50,000 Tune-up: Definitely DIY Engine: 603-cc, 4-stroke, air-cooled single Transmission: 3-speed Colors: Red and yellow, green and yellow, black and yellow Clubs: You could start one More: www.youtube.com/ watch?v=oF21S2TaePw SCM Investment Grade: B 102 Böhmer Country, a patriotic reference to the unified Czechoslovakia of old. At the height of production, manufacturing was done in a 20-person plant, drawing from the components of regional suppliers. Liebisch designed even the powerplant, about the only part of the machine that is comparable to other bikes of the day. It's a big 600-cc, slow-revving, long-stroke, over- head-valve, air-cooled, four-stroke single, and as a testimony to Liebisch's inventiveness, in addition to gasoline, diesel and heating oil could reportedly also be used to power the Böhmerland in winter. Twin fuel tanks were rear mounted, leaving the pilot sitting low behind the engine, its exposed intake rocker arms and valves jitterbugging rather close, if anything broke loose. Liebisch never revived his motorcycle business after the war and died in Passau, Germany, in 1965 at 1927 Böhmerland Langtouren age 77. He evolved and varied his design over the years, but most of his machines used similar cast wheels, utilitarian duplex frames, and a long wheelbase, though there was a shorter Jubilee model and even a Racer. Late in the 1930s, a simpler 348-cc two-stroke engine was adopted, but invariably the Long Touring model is the high point for the Böhmerland's separatist approach. Estimates vary on how many Böhmerlands still exist worldwide (from about 30 to 75), but regardless, the number is very low, and most are likely to remain in the far reaches of Europe. With the surviving Böhmerlands as scarce as Ferrari GTOs (and much less well known), it is difficult to find a body of sales comps reflecting their value. But most recently, an operable and museum-kept 1927 Böhmerland Langtouren sold for $47,471 at a Bonhams auction at the Royal Air Force Museum in London on June 30, 2008. Lacking a few key ingredients For a machine so noteworthy, unusual and rare, one might think the Böhmerland would attract a price well into six figures, rather than that of a garden-variety vintage 'Vette. But it's missing several key ingredients—namely beauty, reputation, and performance. Unlike the 1939 Vincent-HRD Series A Rapide that sold for $378,757 at Bonhams last year, the Böhmerland shares no bloodline with any beautiful, high-performance, or otherwise storied motorcycle. And while Vincent twins were good for the ton in their day, with a reported 16–24 hp, the humble Böhmerland one-lunger trudged along at a 59 mph top speed, its long straightpipe blatting a plebeian song. Finally, while its underachieving utility design makes the Böhmerland plenty heroic in terms of its service to mankind, the emotion indelibly associated with fast, sexy motorcycles simply does not exist. But value and importance are measured in many different ways, and the Böhmerland's fanciful design, engineering, and civic-mindedness guarantee that it will always hold a special place for enthusiasts. It just won't be a rocket ship of an investment. ♦ Sports Car Market

Page 102

Mystery Photo Answers Comments With Your Renewal SCM has more useful info than If you think this is something, you should see my pterodactylcopter.—David English, Sneads, FL RUNNER-UP: … and if your erection lasts more than four hours…—Sam Posey, Sharon, CT At last! The inspiration for the Plymouth Superbird revealed.—Bruce Booth, Santa Barbara, CA Dragster eaten by large bug. Film at eleven.—Stephen R. Miller, Muncie, IN I don't know what I was thinking honey, though I'm sure it's more reliable than the Discovery.—Daryl Pinter, Algonquin, IL If the back end looks like this, does the front look like butt cheeks?—Dale Pope, Plymouth, IN Initially, I was happy to I hear that GEICO was sponsoring our dragster…—Brad Barber, Houston, TX This year's spec sheet should read “dragster” not “dragonster.” We apologize for the typographical error.—Mike DiLeo, Brookhaven, NY Mattel's first Green Machine model did NOT pass child-safety inspectors.—Rod Diridon, Jr., Santa Clara, CA What happens in Vegas really should stay in Vegas.—Bob Peterson, Brooks, GA Wendie to Keith: You are so grounded.—Justin Primeaux, New Preston, CT Viagra sponsorship does have its ups and downs.—Roger Vance, Crescent City, CA Well, it was $25k less than “Thunderous Cyclops,” and it actually fits in the garage.—Lorrie Peterson, Brooks, GA Kermit pulls the “Sesame Street Special” up to the line, confident that Bert and Ernie have done their usual standout job preparing the car.—Steven Slebioda, Escondido, CA The young lady couldn't articulate to her therapist why she found the vehicle at once fascinating and yet deeply disturbing.—John Reeder, Greensboro, VT Publisher Martin drops eight large gettin' Vegas tail.—Bob West, Martinez, CA Yep, green and ugly, just like a Prius.—Ed Maurer, Vandalia, OH It wasn't until Keith returned home with his new purchase that he realized his reputation as an Alfa guru would be called into question.—Robert Kossel, Mississauga, Ontario, CAN It's clear from up here Bob that this one's a male.—Alan Sosnowitz, Stamford, CT Remember, Grasshopper, fast is as fast does.—Dan Faustman, Elk Grove, CA Also available barb- less.—Bob Bayuk, Annandale, New Jersey Because he can fully ap- preciate a garage full of reptilian machines, David English wins a soon-to-be-collectible official SCM cap. any other auto publication. —Jim Engel, Random Lake, WI Looking forward to another great year.—Dave Kroesen, Calabasas, CA Thanks for putting together such a great product.—Matt Peckham, Chatham, NJ Great mix of features; keep it coming.—Shawn Hobbs, Vandalia, OH One of the great publications in the automotive world and the closest I will come to owning a classic car.—Richard Ramsey, North Ridgeville, OH Best car mag I've ever come across.—Grant McConchie, Portland, OR I've re-upped for two years… I couldn't resist the cool T-shirt.— Anthony Damian, Hunington, NY Still the best-written, most informative automotive publication.—John Rossland, New York, NY Herr Martin continues to be the Pied Piper for all of us in the car collecting hobby.— Robert J. Demart, Reston, VA Thanks one more time. Your coverage remains excellent.— Thom Pace, Coeur d'Alene, ID Great writing, don't stop.— John Bollman, Valdosta, GA Oh what a joy it is to find SCM in your mailbox on a cold, snowy day (or any day, really).—Kevin Cobley, Mount Vernon, WA Bring back an anniversary art cover issue. Do more barn find features to keep up the hopes of the disenfranchised lot of us.—Jim Duncan, Beverly Hills, MI. We've got what you're looking for from a barn find in this month's American Profile, p. 48.—KM Best car magazine on the mar- ket.—Ivan Richards, Tiburon, CA Your Price Guide is price- This Month's Mystery Photo Response Deadline: February 25, 2009 Our Photo, Your Caption Be the author of the most accurate, creative, or provocative response and receive a Sports Car Market cap. Ties will be arbitrarily and capriciously decided. Fax your response to 503.253.2234; email: mysteryphoto @sportscarmarket.com; snail mail: Mystery, P.O. Box 4797, Portland, OR 97208-4797. Please include your name and contact information. Send us your mystery photo. If we use it, you'll also get an official SCM cap. Email photos at 300 dpi in JPEG format. 104 less.—David Strus, Kokomo, IN My main concern is to not miss a single issue.—Mike DiLeo, Brookhaven, NY Please do not let me miss an issue or the Price Guide. Many thanks.—Marco Palmer, Miami, FL Great car info and a lot of chuckles along the way.—Walter J. Stevens, San Diego, CA. You've summed up our Mission Statement, Walter.—KM Pump up the 912. I just bought one and love it. Build quality is excellent, and the clubs are great!—Shayne Shearer, San Clemente, CA Okay, how about this. 912s are sure to double in the next ten years. Or we'll eat one whole.—KM And thanks to all of you for your thoughtful comments and your renewals.—Keith Martin Sports Car Market

Page 104

SCM Showcase Gallery Sell Your Car Here! Includes SCM website listing. Showcase Gallery Full-Color Photo Ad Just $44/month ($66 non-subscribers) Text-Only Classified Ad Just $15/month ($25 non-subscribers) 4 ways to submit your ad: Web: Visit sportscarmarket.com/classifieds-post.php to upload your photo (300 dpi jpg) and text, or text only. Secure online Visa/MC payments. E-mail: Send photo (300 dpi jpg) and text, or text only, to scmadvert@sportscarmarket.com. We will call for your VISA/MC. Fax: Attention Showcase, to 503.253.2234 with VISA/MC. Snailmail: Showcase, PO Box 4797, Portland, OR 97208-4797, with VISA/MC or check. 25 words max, subject to editing. Deadline: 1st of each month, one month prior to publication. Advertisers assume all liability for the content of their advertisements. The publisher of Sports Car Market Magazine is not responsible for any omissions, erroneous, false and/or misleading statements of its advertisers. Finished in Primrose yellow with black leather. A really nice, straight, rust free example. Runs and drives beautifully. Needs absolutely nothing to start driving and enjoying now. $39,500 Firm. Matthew deGarmo Ltd. 203.852.1670. www.deGarmoLtd.com English 1960 Aston Martin DB4 1990 Jaguar XJR-15 Coupe England British Car Day '07 & '08. $59,000. Email: kfc-bhlmilton@comcast.net 1968 Ford Cortina Mk II Deluxe two-door 2-seater, French blue, new navy hood (top) old English white interior. TR4 engine, wire wheels, 6 new tires, 30 yr. Original CA black plate, no rust or accidents. Full registration and service receipts, freshly sorted out and ready for rally or club shows. Great performance, $36,000 OBO. Contact Robert Strand at 415.310.3494. (CA) German 1967 BMW 2000CS Beautifully restored example with matching numbers. Finished in white with black leather. All correct, mint throughout and ready now for trouble free touring. $65,000/fair offer. Matthew L. deGarmo Ltd. 203.852.1670. www.deGarmoLtd.com 1968 Jaguar XKE Series 1 1/2 Coupe Very original in good mecanical order. Exchange British or Alfa Sportscar possible. Car located in Germany. Contact: axel_anders@hotmail.com or call 0049.2330.70600. 1962 Morgan Plus 4 Roadster In private collection for many years, absolutely superb in every way. Finished in gray metallic, burgundy leather, sunroof, original owner's manual. Please inquire for complete details. Matthew L. deGarmo Ltd. 203.852.1670. www.deGarmoLtd.com 1979 Aston Martin Volante Red, black interior, 4-speed, 1600 cross-flow, black Calif. plates, incredible rust-free condition. Drives and looks great. $3,850. andrew.watry@lexisnexis .com 510.526.0391. (CA) 1953 Jaguar XK-120 FHC 6 Speed Manual, Blue, VIN 10094. Car #1 of 50. 215 MPH, 450 Horsepower V12, 2315 LBS. Carbon fiber/Kevlar construction $265,000 Paul Hesselgesser, insurevegas@hotmail.com, 702.682.8823, (NV ) 1935 MG PA Ultra rare two-owner 1967 BMW 2000CS coupe. Black/black Very dry collectible 4 speed driver with Webasto roof. Only $12,967. photos: http://picasaweb.google.com/evanesterman/1967BMW2000CS# Call 650.307.2251. 1972 BMW 3.0CS. 49,000 miles, excellent condition. California smogged. Interior completely re-trimmed, new top, stainless exhaust, auto transmission, Vantage front air dam and blanked out grill. Fully serviced and ready to go. $89,900. Owner 301.996.8919. 1964 Austin-Healey 3000 BJ8 Mk III Phase 1 Exquisite. Restored California car with Steve Gordon mechanicals, Ken Niminic interior and Perfect Reflections body and paint. Great color combination. Documentation, books, tools. $98,500 Fantasy Junction, sales@fantasyjunction.com; www.fantasyjunction.com. 510.653.7555. (CA) 1966 Jaguar XKE Series I Supercharged Trials Car. Lovingly restored and maintained. Multiple show winner. Complete new and correct weather gear. Original Centrics blower. Dual Spares. Ready to show or rally. $69,000; call Tom 614.264.8250 1951 MG TD Incredible original car. Never restored and excellent throughout. Finished in dark green, tan leather, sunroof, power windows, factory air conditioning, all tools. $39,000 or fair offer. Matthew L. deGarmo Ltd. 203.852.1670. www.deGarmoLtd.com 1973 BMW 3.0CS Rare, one of 1390 built, old English white, black leather, matching numbers, body off restoration by Fourintune, street cam with HD lifters, aluminum head, valve cover, pan and datiator, Mallory ignition, high torque starter, Welsh headers with Monza exhaust. All original parts saved, $84,500. Contact Alice Preston at 414.760.3111. More info at www .excaliburclassics.com (WI) 1955 Bristol 403 Cotswold blue with dark blue leather interior, along with black top. 4.2 Liter with 4sp trans, restored 15 years ago, 63k miles. Complete photos available. Meticulously maintained. $57,500. Contact Morgan at 610.304.3888 (PA) 1968 Jaguar XKE Roadster 1924 Moon Mod. 6-40 Roadster Runs like champ, only 6600 miles since 100,000 mile overhaul. This car is great for rallies and having fun. I'm 83, and someone young enough to enjoy it needs to do justice to a fun car. Since it is not in concourse condition, price is not $25,000, it's only $11,000 – less that half off. Contact C. Norman Winningstad at 541.265.2955 or normwin@aofe.org Rare 1973 BMW 3.0CS Factory “Golf” yellow, 5 speed, 85,400 miles, CA. car triple webers. Highly collectible. $27,973. Call Evan at 650.307.2251 or email BimmerBros@gmail.com 1970 Mercedes 280SL Excellent condition. Rebuilt engine, suspension, brakes & cooling systems. All manuals. Ex Martin Swig California Milles. Top award eastern New 106 Early Series 1 1/2 with S1 marker lights and nose. Anthracite Gray with black MB tex interior. Automatic transmission, 2 tops, black german canvas soft top. 32,000 original miles. Books and tool kit included. $32,500. Alvin Martz, 201.567.7224 (NJ) Sports Car Market

Page 106

SCM Showcase Gallery 1986 Mercedez Benz 560 SL 1958 Porsche 356A Speedster 1985 Bertone (Fiat) X1/9 Black with black leather interior, 1500cc fuel injected 5-speed engine, power windows, no A/C, never rested, never bent, perfect condition. You won't find one nicer. $5,500. Shawn Hobbs, 937.671.0405 (OH) 1966 Ferrari 275 GTB 6C Black with tan interior. Excellent rust free Beverly Hills example with low mileage and chrome Mercedes wheels. Books and service records included. $18,900.00. Contact 818.992.7219 or www. caldreamcars.net 1992 Mercedes-Benz 600 SEL Very original two owner T2 356A Speedster with original panels, battery box, floors and longitudinals. No rust. All numbers match per COA. Low miles on documented rebuilds of original engine and transmission. Original colors are Silver Metallic and Red Leatherette. A truly beautiful Speedster. The last and best year. Contact Info: Steven Watson., www.carplanet.com Phone: 415-205-0716, email: steve@carplanet.com 1969 Porsche 911T high pro cats, tires AT 14,632 miles, 2/07. $76,500. George Michel, gmichel@mmtdenver.com, 303.888.7688 1970 Lamborghini Miura S USA delivery, factory equipped long nose, 6 carb, torque tube example. One owner from '76 to '08. Stunning condition. Strong performer. Recent cosmetic restoration and rebuilt heads. , $1,250,000 Fantasy Junction, sales@fantasyjunction.com; www .fantasyjunction.com. 510.653.7555. (CA) 1968 Ferrari 330 GTC Stunning low mile example that needs nothing. Bob Wallace split sump conversion and SV cams. Great to drive. Recently sorted and re-trimmed by Bobileff Motorcar Co. in original colors. Offers Invited. Fantasy Junction, sales@fantasyjunction.com; www .fantasyjunction.com. 510.653.7555. (CA) 2006 Maserati GranSport Rebuilt engine and transmission. Climate controlled storage. Used regularly (no winters). Fussy owner well sorted and immaculate. 74,000 miles. Will sell whole or break for parts. $17,500. dhanson1@neo .rr.com (OH) 1992 Mercedez-Benz 500 SL All original, runs and drives great. 58+K miles. Hardtop included. 335HP. Silver over grey leather. Have all books and records. Senior owned, rust free. $20,000. Contact Larry at 928.668.1100 (AZ) 1955 Porsche Spyder (Beck) 1979 Ferrari 308GTS Equipped with Porsche 2.7 liter engine. Many other upgrades. Was featured in a VW/Porsche Magazine. $39,000. Contact tberrydc@comcast.net 1956 Porsche 356A Italian Alfa Romeo Giulietta Spider 101 18,500 miles. No rust or bondo ever. Black/Red Vinyl. Recently refurbished by Besic Motorsports. Drives as new, in my storage for 18 years. Older restoration $29,500. Contact Richard at 847.498.2783 (IL) 1986 Alfa Romeo Spider Veloce 4 Cylinder, 4 Speed, VIN 57501. 49,000 miles. Pristine numbers matching car in highly desirable 1956only color Aquamarine Metallic Blue over red vinyl interior - Correct based on Certificate of Authenticity. Ultra rare Golde sunroof option. Maintained by SoCal 356 expert, the car performs flawlessly. Very nice paint and chrome, flawless interior, all original glass in great condition. Rare, dealer-fitted 8-day clock. Partial original toolkit, jack, drivers manual, five body-colored KPZ wheels and extra set of chrome wheels. Multiple award winner and event eligible. Contact Mike Baum, michaelabaum@gmail.com, 949.338.4591 This completely original 60,000 930 Cab is in pristine condition. Original flawless black finish with black top and all original light grey leather interior with black piping. Kanesis 3-piece wheels, full Borla exhaust and 400HP turbo upgrades by Ruf. $49,900. Contact William Martin at 941.780.0558, or wfmartin@aol.com (FL) 27,000 miles. Black with black interior. Excellent condition, all original including paint and tires. Kept in climate controlled facility and driven to shows for past 10 years. $36,500.00 Contact Larry Stallard, larrys@idcdayton.com, 937.254.1383 weekdays. 1988 Ferrari Testarossa 33,000 original miles, second owner. Mechanics, paint and interior in remarkably original condition. Rare air conditioning. Fully serviced and ready to show or drive anywhere. $10,500 obo. Brad Renner, bradleyrenner@aol.com, 425.558.4605 12 Cylinders, Manual transmission, Red with tan interior. 4-wheel power disc brakes, PW, PL, power exterior windows, power seats, a custom AM/FM/CD stereo sound system, alloy wheels, toolkit, and books. $63,900. Contact Joe Tseng at joe@ccapllc .com or 626.318.1289 1997 Ferrari 355 GTB Black with black interior. Excellent condition; 47,000 Summer miles; zero rust; triple black; 2000 cc fuel injected; 5 speed; leather seats; power windows; alloy wheels; am/fm/cd player. $8,500. Dan Rush, dan@rushlaw.us, 207.985.9850 (ME) Original arcade ride with original attachments and graphics. Early example, built in 1950. Purchased from original owner. Great automobilia! Runs perfectly! $1,600 OBO. Call Bruce at 763.546.1685. (MI) V8, 6-speed manual, 15,602 miles, Black with tan interior, black carpet, VIN #ZFFXR41A6V0108165. Major service, new clutch, tubi exhaust manifolds, 1967 Corvette WANTED: Looking for perfect 1967 Corvette convertible. Fully loaded, air, power everything, good color American 1950 Bally Model T 1988 Porsche 930 Turbo Cabriolet 911T Coupe, small bumper, LWB, in great condition inside and out. Engine is 2.4L and professionally rebuilt approximately 3,000 miles ago. SS heat exchangers. $22,500. Email me with any questions, or for more pictures at geye@taracares.com or call 716.972.2392. Excellently maintained example with $40,000 in Intrepid Motors receipts and more from Patrick Ottis. Great to drive, well detailed throughout. Perfect Reflections paint, Bert Skidmore engine, copious documentation, tools. $235,000. Fantasy Junction, sales@fantasyjunction.com; www.fantasyjunction. com. 510.653.7555. (CA) 8 Cylinder, F-1 Paddle, 12,500 miles. Grigio Alferi with Nero interior. VIN #ZAMEC38A460020946. Features: Skyhook Suspension, Xenon Lights with Washers, Dual Power Sport Seats With Interior Piping, Memory System, Special Leather Headliner, Alu Pedals, Premium Sound , Carbon Fiber Trim, 19”Alloy Wheels, Rear Spoiler, Chrome Grill. Under factory bumper to bumper 4 year 50,000 mile warranty and roadside assistance until 2010. Comes comprehensively serviced by Ferrari/Maserati of Orange County. Complete records. $66,000. Michael Sapos, msapos1@verizon.net, 858.525.2222 Swedish 1973 Volvo 142 108 Sports Car Market

Page 107

for Florida. Also want perfect 1957 Bel-Air convertible, fully loaded. Call 561.213.9400 1978 Chevrolet Camaro 400-330 hp, 4-speed. Triple Green show car at POCI concours and Pontiac Nationals. Hood tach, power top and steering. PHS documents. $50,000. Email: tmichaelis@charter.net or 419.392.2701 2008 Pontiac Solstice Race Car, Jerrico 4-speed, White & Blue, Black interior. Sold without long block eng. Tilton clutch, Weaver dry sump, alt fuel cell, Fox shocks, BBS wheels. Must sell! $23,500. Contact Chuck McConnell, karimc@charter.net, 805.709.7398 1970 Mustang Mach I Serial #1. GM Show car, 1,858 miles, MSO, Silver GXP Turbo, 5 speed, documented! $26,800. Contact tmichaelis@charter.net or 419.392.2701. Other 2008 International 4400 w/ Featherlite 3-car Trailer Boss clip, 460 power with Prescot carb and NOSOZ 3 phase stainless injection. Enlarged oil pan. Automatic and 9 inch locking differential. Ford drag pack suspension. 1969 Pontiac Convertible convertible Maxforce9(DT570) engine, Allison 3000 transmission, Burgandy/White. Will separate. More info available. $170,000.00. Contact Allison Timms at treasuredautotransport@hotmail.com, 410.833.2329 / 410.751.9921 March 2009 109

Page 108

RESOURCE DIRECTORY Advertise in the SCM Resource Directory. Call 877.219.2605 x222 for information, e-mail: scmadvert@sportscarmarket.com. Auction Companies Artcurial-Briest-Poulain-Le Fur. 33.1.4299202, 33.1.42292021. Maison de vente aux enchères, 7, Rond-Point des Champs Elysées, 75008 Paris. artcurial@auction.fr www.artcurial .com. (FR) Bonhams. +, +44.207.585.0830. Montpelier St., Knightsbridge, London, SW7 1HH. www.bonhams.com. (UK) Bonhams & Butterfields. 415.391.4000, 415.391.4040. 220 San Bruno Avenue, San Francisco, CA 94103 www.butterfields.com. (CA) Branson Collector Car Auction. 800.335.3063, 417.336.5616. 1316 W. Hwy. 76, Suite 199, Branson, MO 65616. www.bransonauction.com. (MO) Dr., Palm Springs, CA 92262 www .classic-carauction.com. (CA) brokerage, sales & locating. Vintage German, Italian & British Mercedes specialist - SL, Pagoda & other models “Our website is a virtual buyer's guide for the 280SL.” www.motoringinvestments.com. RM Auctions, Inc.. 800.211.4371, 519.351.1337. Our team of highly qualified professionals with over 25 years of experience will perform complete classic car collection appraisals. Your collection will be assessed by superior appraisers who are exceptionally detailed and want you to get the most value from your collection. RM is the world's largest vintage automobile house specializing in vintage automobile restoration, auctions and appraisals. www.rmauctions.com. (CAN) Russo and Steele Collector AutoCarlisle Collector Car Auctions. 717.243.7855, 1000 Bryn Mawr Road, Carlisle, PA 17013. Spring and Fall Auctions. High-line cars cross the block. Hundreds of muscle cars, antique, collector, and special-interest cars, trucks, and motorcycles. Real Cars. Real Prices. www.carlisleauctions.com. (PA) eBay Motors. List your car for sale for only $40 and pay $40 more when it sells. Visit the “Services” section on www.ebaymotors.com for more details. www.ebaymotors.com. Silver Auctions. 800.255.4485, 2020 N. Monroe, Spokane, WA 99205. silver@silverauctions.com. www.silverauctions.com. (WA) mobiles. 602.252.2697, 602.252.6260. 5230 South 39th Street, Phoenix AZ 85040. info@russoandsteele.com; www.russoandsteele.com. (AZ) Santiago Collector Car Auctions. 405.475.5079, 501 E. Britton Rd., Oklahoma City, OK 73114. Rocky: rockydb5@sbcglobal.net. (OK) Auto Appraisal Group. 800.848.2886, Offices located nationwide. Pre-purchase inspection service, insurance matters, charitable donations, resale vales, estates, expert witness testimony. On-site inspection. Certified, confidential, prompt, professional. “Not just one man's opinion of value.” See web site for locations and service descriptions. www.autoappraisal.com. California Dream Cars AppraisGooding & Company. 310.899.1960, 310.899.0930. Gooding & Company offers the rarest examples of collector vehicles at the most prestigious auction venues to its international clientele. Our team of well qualified experts will advise you on current market values. Gooding & Company presents the official auction of the famed Pebble Beach Concours d'Elegance in August and record-setting Scottsdale Auction in January. www.goodingco.com. (CA) H&H Classic Auctions. +44.01925.730630, +44.01925.730830. Whitegate Farm, Hatton, Cheshire WA4 4BZ England. www.classic-auctions.com. (UK) The Worldwide Group. 866.273.6394, Established by John Kruse and Rod C. Egan, The Worldwide Group— Auctioneers, Appraisers and Brokers —is one of the world's premier auction houses, specializing in the procurement and sale of the world's finest automobiles and vintage watercraft. www.wwgauctions.com. (TX) Tom Mack Classics. 888.TOM. MACK, PO Box 1766, Indian Trail, NC 28079. Three annual auctions in Charlotte, NC: April, September, and January. Selling Southern muscle, collector, and antique cars with experience and integrity for 24 years. North Carolina auction license 4017. www.tommackclassics.com. (NC) Mecum Collector Car Auction- eers. 815.568.8888, 815.568.6615. 950 Greenlee St., Marengo, IL 60015. Auctions: Orlando, Kansas City, Rockford, Bloomington Gold, St. Paul, Des Moines, Carlisle, and Chicago. Nobody Sells More Muscle Than Mecum. Nobody. www.mecumauction.com. (IL) Palm Springs Auctions Inc. Keith McCormick. 760.320.3290, 760.323.7031. 244 N. Indian Canyon 110 Motoring Investments. 619-2381977, Award winning restorations, Alfa Romeo Jon Norman's Alfa Parts. 510.524.3636, 1221 Fourth Street, Berkley, CA 94710. Large selection of parts from 1900 series to Milano. Efficient, personal service. 510.525.9435. (CA) USAppraisal. 703.759.9100, Over 25 years experience with collector automobiles, available nationwide. David H. Kinney, ASA (Accredited Senior Appraiser, American Society of Appraisers). dhkinney@usappraisal.com toll free: at 800.872.7772 www .usappraisal.com. (VA) als. 888.314.3366, Over 30 years experience in Southern California appraising classic, antique, special interest, muscle and custom to current-year models. Specializing in pre-purchase inspections, stated value insurance appraisals, insurance disputes, and expert witness testimony. For more info, visit our web site. www.caldreamcars.net. (CA) American Shelby American Automotobile Club. 860.364.0449, 860.364.0769. PO Box 788, Sharon, CT 06069. Over 5,000 members, 50 regions throughout the world. Dedicated to the care and preservation of the cars that Carroll Shelby produced. Two national conventions a year, semi-annual magazine, bi-monthly newsletter as well as a registry. (CT) Appraisals Automobilia Steve Austin's Automobilia & Great Vacations. 800.452.8434, European Car Collector tours including Monaco & Goodwood Historics, private collections, and car manufacturers. Automobile Art importer of legendary artists Alfredo de la Maria and Nicholas Watts. www.steveaustinsgreatvacations.com. Buy/Sell/General 2shores International. 49.5691.912460, 49.5691.912480. International marketing services for collector cars. New Showroom in the US! Take advantage of our experience in the global collector market. Based in Wisconsin, working worldwide. Connecting buyers and sellers of collectible automobiles in a global marketplace since 1990. We put our market knowledge to work for you. Call Jurgen today! www.2-shores-classics.com. (DE) Brighton Motorsports. 480.483.4682, Brighton Motorsports, Scottsdale Arizona is a unique dealership specializing in Vintage European and American Collector Cars with their Sales/Showroom and Mechanical Repair facility in the heart of Scottsdale's legendary auction arena. They also have a state of the art paint & body shop specially equipped to do all levels of repair and restoration just down the road, creating a one stop shop for the avid car enthusiast. www.brightonmotorsports.com. (AZ) RM Auctions, Inc.. 800.211.4371, 519.351.1337. Our team of highly qualified professionals with over 25 years of experience will perform complete classic car collection appraisals. Your collection will be assessed by superior appraisers who are exceptionally detailed and want you to get the most value from your collection. RM is the world's largest vintage automobile house specializing in vintage automobile restoration, auctions and appraisals. www.rmauctions.com. (CAN) Classic Showcase. 760.758.6199, 760.758.0600. sales 760.758.6100.Fullservice restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fit; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase .com; www.classicshowcase.com. (CA) Park Place LTD. 425.562.1000, Park Place LTD is the West Coast's largest luxury, sports and special interest auto dealership. We're an authorized dealer for Aston Martin, Lotus, Spyker, Shelby, Superformance, and Speedster Recreations and carry collector and special interest vehicles of all kinds. Sports Car Market

Page 109

20 years in the business and familyowned; Park Place LTD is driven to excellence. www.ParkPlaceLTD.com. Collector Car Insurance tact us when buying, selling or restoring. www.astonmartin-lotus.com. (MA) T. Rutlands. 800.638.1444, The Paul Russell and Company. 978.768.6092, 978.768.3525. Since 1978, offering restoration and sales of classic European sports and touring models from pre-war through 1960s. Successfully brokering MercedesBenz, Ferrari, Porsche, Jaguar, BMW, Alfa Romeo. Guidance given with emphasis on building long-term relationships. Sales Manager Alex Finigan: Alex@paulrussell.com www.paulrussell.com. (MA) Grundy Worldwide. 800.338.4005, With 60 years of experience in servicing and preserving the collector vehicle hobby, Grundy provides “The Gold Standard” of insurance, offering the most options to you: Agreed Value, No Model Year Limitation, Unlimited Mileage, and coverage options for Spare Parts, Trip Interruption, Towing and Labor Costs, Inflation Guard, and Auto Show Medical Reimbursement. Fast, immediate quotes. www.grundy .com. (PA) Specialty Car Source. Specialty- CarSource.com is the premier source for buying and selling classic and modern specialty cars. List your car for 12 weeks for only $19.95. Dealers can list an unlimited amount of inventory for one low fee. Visit www.specialtycarsource.com today. www.SpecialtyCarSource.com. Hagerty Collector Car Insurance. 800.922.4050, Collector cars aren't like their late-model counterparts. These classics actually appreciate in value so standard market policies that cost significantly more won't do the job. We'll agree on a fair value and cover you for the full amount. No prorated claims, no hassles, no games. www.hagerty .com. (MI) The Bridgehampton Motoring Club. 631.537.5001, The Bridgehampton Motoring Club is unlike any collector car facility in the nation. We provide 24 hour key card access, humidity and temperature control, comprehensive video security, epoxy floors, tasteful lighting, rare automobilia, and most importantly services: Pick-up and delivery, battery maintenance, bi-weekly mechanical integrity routines, and detailing. Every member of BMC has unfettered access to their collection. Finally, the perfect way to enjoy your passion. www.bridgemc.com. Doc's Jags. 480.951.0777, 480.951.3339. Restoration Center 623.869.8777. 23047 N. 15 Lane, Phoenix, AZ. 85027. The world's BIGGEST and BEST Jaguar Web site. #1 in Jaguars WORLDWIDE. Largest inventory of all models. Ask for “DOC.” Email doc@docsjags.com www.docsjags .com. (AZ) Kevin Kay Restorations. 530.241.8337, 1530 Charles Drive, Redding, CA 96003. Aston Martin parts, service, repair, and restoration. From an oil change to a concours-winning restoration, we do it all. Modern upgrades for power steering, window motors, fuel systems, and more. Feltham Fast performance parts in stock. We also cater to all British and European cars and motorcycles. www.kevinkayrestorations.net. (CA) largest independent Ferrari parts source in the business. Our vast inventory includes new, used and rebuilt parts for vintage and contemporary Ferraris. Buy your parts where the Ferrari shops do. Now, shop 24/7 at www.TRutlands .com www.TRutlands.com. (GA) Garage/Tools Baldhead Cabinet Company. 877.966.2253, Offering a fine selection of quality metal garage cabinets suitable for shop and residential garage applications. SS and custom colors available. Many modules to choose from. Call for a custom quote and drawing. See ad in this issue. www .baldheadcabinets.com. (CA) German Motoring Investments. 619.238.1977, Award winning restorations, brokerage, sales & locating. Vintage German, Italian & British Mercedes specialist - SL, Pagoda & other models “Our website is a virtual buyer's guide for the 280SL.” www .motoringinvestments.com. Ferrari/Maserati/Lamborghini Heacock Classic. 800.678.5173, We understand the passion and needs of the classic car owner; agreed value, one liability charge, 24-hour claim service and paying by credit card. We provide classic car insurance at rates people can afford! Instant quotes at www.heacockclassic.com. www.heacockclassic .com. (FL) Motor Sport Personal Accident Woodies USA. 480.694.7929, We buy and sell great woodies - hundreds to date. If you are buying or selling give us a call. We can help. Woodies are fun! Every car collection should have at least one. Located in Scottsdale, Arizona. www.woodiesusa.com. (AZ) Classic Car Transport Motor Auto Express, Inc.. 360.661.1734, Enclosed Transport. MAX cares for what you care for. We offer Personal, Private, Professional services with liftgate loading for your vehicles. Please contact Randy McKinley, Owner. maxiet@gmail.com. (WA) Aston Martin of New England. 781.547.5959, 85 Linden Street, Waltham, MA 02452. Proudly appointed Aston Martin Heritage Dealer for the USA. New and pre-owned Aston Martins are our specialty. Please con- Coverage. 441.297.9439, 441.296.2543. Email, mcooke@evolution.bm. Limits up to $1,000,000 including accident medical and helicopter evacuation. Comp Capital Ltd. can obtain coverage at competive rates including drivers over the age of 65. Either 12 month policy covering a whole season and or for specific events. Please contact Mark Cooke and or Kevin Way. English Carobu Engineering. 949.722.9307, Ferrari specialist. Engine rebuilding/ development, dyno-testing, parts and service. Your source for high performance brakes, suspension, gaskets, engine parts, wheels and exhaust. Dealer for Tubi, Brembo, Koni, Razzo Rosso, Sangalli, Zanzi, Novitech Rosso and XOst. WWW.CAROBU.COM www .carobu.com. Motoring Investments. 619.238.1977, Award winning restorations, brokerage, sales & locating. Vintage German, Italian & British Mercedes specialist - SL, Pagoda & other models “Our website is a virtual buyer's guide for the 280SL.” www .motoringinvestments.com. Motoring Investments. 619.238.1977, Award winning restorations, brokerage, sales & locating. Vintage German, Italian & British Mercedes specialist - SL, Pagoda & other models “Our website is a virtual buyer's guide for the 280SL.” www .motoringinvestments.com. Randy Simon. 310.274.7440, 310.274.9809. I constantly collect and sell all Ferraris, Maseratis, and Lamborghinis. If I don't have what you seek, I can usually find it for you (at low prices). Please call anytime for straight advice on the market. Finder's fee gladly paid. simonrandy@aol.com (CA) Import/Export Cosdel. 415.777.2000, 415.543.5112. Don't puzzle over your shipping needs. We are your solution.Martin E. Button, Inc./Cosdel International Transportation 55 New Montgomery Street San Francisco, CA 94105 info@cosdel.com The Import-Export Expert www.cosdel .com. (CA) Classic Showcase. 760.758.6199, 760.758.0600. sales 760.758.6100.Fullservice restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fit; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase. com www.classicshowcase.com. (CA) March 2009 111

Page 110

RESOURCE DIRECTORY Inspections Performance Restoration. Automobile Inspections LLC.. 860.456.4048, “When you need the job done right.” The nation's premier provider of pre-purchase inspections on classic, exotic and specialty cars of any year, anywhere in the USA or Canada. Fast 72-hour turnaround! Hartford, CT. www.automobileinspections.com. (CT) Parts and Accessories 440.968.3655, High-quality paint, body, mechanical service. Discreet installation of a/c, cruise control, superchargers. Stock restorations done to exacting standards. Clean, well-equipped shop. Near I-90 since '96. We finish your projects. supercharged@alltel .net. (OH) Sports and Competition Morris and Welford. Griot's Garage. 800.345.5789, The ultimate online store for automotive accessories and car care products. www .griotsgarage.com. (WA) Restoration - General 714.434.8562/203.222.3862, We operate an international specialist historic car consultancy and brokerage company based on both the East/West Coasts of the US and the UK offering specialist brokerage services of important historic cars to buyers and sellers throughout the world. www .morrisandwelford.com. (CA/CT/United Kingdom) Carobu Engineering. 949.722.9307, Ferrari specialist. Engine rebuilding/ development, dyno-testing, parts and service. Your source for high performance brakes, suspension, gaskets, engine parts, wheels and exhaust. Dealer for Tubi, Brembo, Koni, Razzo Rosso, Sangalli, Zanzi, Novitech Rosso and XOst. WWW.CAROBU.COM www .carobu.com. RM Auctions, Inc.. 800.211.4371, 519.351.1337. Our team of highly qualified professionals with over 25 years of experience will perform complete classic car collection appraisals. Your collection will be assessed by superior appraisers who are exceptionally detailed and want you to get the most value from your collection. RM is the world's largest vintage automobile house specializing in vintage automobile restoration, auctions and appraisals. www.rmauctions.com. (CAN) Vintage Events Doc's Jags. 480.951.0777, 480.951.3339. Restoration Center 623.869.8777. 23047 N. 15 Lane, Phoenix, AZ. 85027. The world's BIGGEST and BEST Jaguar Web site. #1 in Jaguars WORLDWIDE. Largest inventory of all models. Ask for “DOC.” Email doc@docsjags.com www.docsjags .com. (AZ) F. Roxas, Inc. 708.598.1000, The Only Thing Better Than New Is A Fran Roxas Restoration. Recent restorations include Duesenberg, Packard 12, 8-liter Bentley, Cadillac V16, Delahaye, Stutz DV32, Ferrari, 1950's & 60's Concept Cars. We take pride in enhancing our clients investments by bringing these truly one-of-a-kind cars back to life. Maybe, an even better life. The quality of our work has been nationally recognized since 1970 with consistent 1st place winners at concours shows around the world. F. Roxas, Inc. 708.598.1000. Bridgeview, IL Muscle Car 1000. 949.838.7076, October, 2009. This six-day luxury tour of Southern California includes exceptional muscle cars, exclusive activities, exquisite dinners, premium hotels, great friends, and fine wine. We're covering Orange County, San Diego, Palm Desert, Lake Arrowhead, Beverly Hills, and a great deal in between. Reserved for 1964-73 American muscle cars, 1962–68 Cobras, 1955–73 Corvettes. Apply early, as space is limited. www .musclecar1000.com. (CA) ♦ 112 Sports Car Market

Page 112

Carl Bomstead eWatch Correctly Inflated Fisk, Marathon tire signs strong, 1911 Wisconsin plates illustrate value of buying the best, Ferrari 246 GT Dino manuals intriguing Thought Carl's As financial storm clouds darken the skies, I can't help wonder how the pending doom and gloom will affect the market for automotive trinkets. Will the value of vintage signs, early auto race trophies, and other cool stuff plummet, providing an opportunity to score some stuff on the cheap? Or will it all stay in collectors' display cabinets? Based on my wanderings through eBay and other recent auctions, I'd have to say all is calm, but each new auction will tell us more. In the meantime, here are a few cool items I found, but there are no real bargains in the bunch. EBAY #370122964508—FERRARI DINO 246 GT OWNER'S POUCH. Number of Bids: 7. SOLD AT: $3,378.50. Date Sold: 12/05/2008. This is an original 1971-72 Ferrari Dino 246 GT owner's pouch that included an wner's manual, sales and service book, and arranty book among other documents. It originated from chassis 03084, which was sold by Modern Classic Motors in Reno. It was stated that the condition was as-new and it did not look like it spend any time in the glove box. Price seemed aggressive, but how often do you find a complete set of documents? I can't help wondering where chassis 03084 now resides, minus its books and records. EBAY #280293367423—INDIAN MOTOCYCLE OIL CAN. Number of Bids: 30. SOLD AT: $1,802.50. Date Sold: 12/16/2008. This one-gallon Indian Motocycle (sic) oil can is in very nice condition with only a few minor scrapes and bruises. The graphics are bold and the colors vibrant. Oil cans have been a bit soft of late, but the rare and unusual, in good condition, still bring serious money. Price paid here was in line with other recent sales. EBAY #390013382994— EBAY #230313023491— GRAF CIGAR ADVERTISING CARD. Number of Bids: 13. SOLD AT: $332.76. Date Sold: 12/14/2008. This early die-cut and embossed advertising card features two Victorian ladies riding in their early wood-bodied automobile. It is, however, a bit of a stretch to visualize the ladies of the era smoking a big fat Graf stogie. The card was dated Feb 23, 1892 and was most likely a stock advertising piece that any number of companies may have used, printing their message along the bottom. The piece is in amazing condition, considering its age. EBAY #330290169630—1925 “CHEEK TO CHEEK” AUTOMOTIVE HOOD ORNAMENT. Number of Bids: 7. SOLD AT: $1,800. Date Sold: 12/07/2008. This mascot was signed by Ruffino and stamped Cast in Paris/Made in France. It is very similar to an unmarked mascot titled “The Dancers.” A few of these have been offered by Bonhams over the past years and have sold for more than was paid here, so this was well bought. A desirable mascot, but don't be confused by early dance contest trophies being offered as hood ornaments. EBAY #190273716980—1915 MARATHON TIRES TIN SIGN. Number of Bids: Buy It Now. SOLD AT: $4,995. Date Sold: 12/16/2008. This lithographed tin Marathon Tire sign is extremely desirable and seldom offered for sale. This example was in good condition with some minor restoration. The graphics are fabulous and it was dated at the bottom. These have sold for several thousand more than what wa paid here, so no wonder it sold quickly. SUBSCRIPTION INFORMATION Sports Car Market (ISSN #1527859X) is published monthly by Automotive Investor Media Group, 401 NE 19th Street, Suite 100, Portland, OR 97232. Periodicals postage paid at Portland, OR, and at additional mailing offices. Subscription rates are $58 for 12 monthly issues in the US, $78 Canada/Mexico, Europe $88, Asia/Africa/Middle East $98. Subscriptions are payable in advance in US currency. Make checks to: Sports Car Market. Visa/MC accepted. For instant subscription, call 24-hours 800.289.2819, 503.261.0555; fax 503.253.2234; www.sportscarmarket.com. 114 FISK AIR FLIGHT TIRES PORCELAIN SIGN. Number of Bids: 10. SOLD AT: $8,100. Date Sold: 12/09/2009. This early stone dot lithography porcelain sign most likely dates to the late '20s as Lindbergh's historic flight linked airplanes to numerous products. This Fisk sign features the “Time to Retire” boy with his candle. The 15 x 20-inch sign has at least nine colors and is rare as can be. Expensive, but not out of line. EBAY #290282132168— 1911 WISCONSIN LICENSE PLATE. Number of Bids: 21. SOLD AT: $2,280. Date Sold: 12/17/2008. Wisconsin first issued license plates in 1905 for a dollar fee. They were not dated as they were valid indefinitely. The state soon realized it was leaving a bunch of money on the table and changed its policy. The plates were zinc with the numbers riveted to the plate and this one was in good condition. Rare as they are, after this one another was offered, with a lower number, but in far worse shape. After 13 bids it sold for $1,457. If I collected Wisconsin license plates I'd rather have the better one for a bit more money, so I would say the price was about right. POSTMASTER Send address changes to: Sports Car Market PO Box 4797, Portland, OR 97208 CPC IPM Sales Agreement No. 1296205 Sports Car Market