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Sports CarMarket MONDIAL EXCLUSIVE: 70 PAGES OFMONTEREY COVERAGE / $120M SOLD Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends $1.5m Ticket to Anywhere November 2009 Miles Collier on Shelby's $7.68m Daytona Coupe Julius Kruta on Ettore's $1.38mBugatti T57 János Wimpffen on Phil Hill's $2.53m Jag C-type a www.sportscarmarket.com

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Sports CarMarket Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends 32 Mondial: $375k per cylinder 44 Talbot: Remember the Titans November 2009 .Volume 21 . Number 11 36 C-type: The champion's car IN-DEPTH PROFILES OF CARS THAT SOLD What You Need To Know FERRARI 32 1954 Ferrari 500 Mondial Series I—$1,540,000 / Gooding It evokes the 375 MM, at a fraction of the price. Simon Kidston ENGLISH 36 Ex-Phil Hill 1952 Jaguar C-type—$2,530,000 / RM The car that built Jaguar and the man who beat the world. János Wimpffen ETCETERINI 38 1938 Bugatti Type 57C Special Coupe—$1,375,000 / Gooding Ettore's own, with one-off styling and terrific history. Julius Kruta GERMAN 40 1951 Porsche 356 Split-Window Coupe—$110,000 / Russo A diminutive coupe, about as early as they come. Alex Finigan AMERICAN 42 1965 Shelby Cobra Daytona Coupe—$7,685,000 / Mecum World-record price for a World Championship racer. Miles Collier RACE 44 1949 Talbot-Lago T26 Grand Prix—$557,000 / Bonhams The pre-war GP experience in a post-war package. Thor Thorson Cover photo by Scott Nidermaier © 2009 Courtesy of Gooding & Company GLOBAL AUCTION COVERAGE 169 Cars Examined and Rated at Seven Sales GOODING & COMPANY 66 Pebble Beach, CA: 128 cars sell for $50.8m at the top-grossing auction of the weekend. Paul Duchene RM AUCTIONS 78 Monterey, CA: Phil Hill's 1952 Jaguar C-type brings $2.5m, pacing a $35.5m event. Carl Bomstead MECUM AUCTIONS 86 Monterey, CA: Cobra Daytona coupe makes $7.68m— a new record for an American car at auction. John L. Stein BONHAMS & BUTTERFIELDS 94 Carmel Valley, CA: 62 of 102 total $14.3m at Quail Lodge, led by Hopalong Cassidy's $1.4m Duesie. Donald Osborne RUSSO AND STEELE 102 Monterey, CA: Russo's shift toward sports cars brings sales of $4.9m. Ray Nierlich MIDAMERICA AUCTIONS 110 Pebble Beach, CA: The first Pebble Beach motorcycle auction sells 27 of 83 bikes for $548k. Ray Nierlich EBAY MOTORS 114 How much does star power influence a car's price? Not much. Geoff Archer

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60 Pebble Beach COLUMNS 8 Shifting Gears The ship continues to sail Keith Martin 26 Affordable Classic Fiat X1/9—cheap thrills in the '70s, and today as well Rob Sass 28 Legal Files Does it matter what your ad says? John Draneas 34 Sheehan Speaks What's in a pre-purchase inspection? Michael Sheehan 118 Bike Buys V50—Moto Guzzi's fragile baby brother Ed Milich 130 eWatch Motobilia buyers get a couple of lucky breaks Carl Bomstead FEATURES 30 Collecting Thoughts: Nick Alexander's woodies 46 Monterey First-Timer: Shock and awe 48 Carmel Concours: The kick-off 50 Concorso Italiano: Back on the grass 52 La Dolce Vita: Emphasis on the Trident 54 The Quail: Exclusivity, at a price 56 SCM Events: Insider's Seminar; Platinum VIP Tour 58 Concours d'LeMons: The anti-concours 60 Pebble Beach: It begins at dawn DEPARTMENTS 10 Crossing the Block / Auction Calendar 12 The Inside Line 14 Contributors 16 You Write, We Read 18 Display Advertisers Index 20 Time Pieces: Radiator watches 20 Neat Stuff: Racing chairs and Touchless Car Covers 22 In Miniature: 1965 Shelby Cobra Daytona coupe 22 Speaking Volumes: Hot Rods and Custom Cars 24 Industry Roundtable: What would you buy? 70 Our Cars: 1972 Chevrolet Cheyenne Super 4x4 pickup 76 Alfa Bits 112 Glovebox Notes: 2010 Ford Fusion Hybrid, 2010 Mazda 3 Grand Touring 115 FreshMeat: 2009 Lamborghini Gallardo LP560-4, 2009 Mercedes-Benz S65, 2010 Shelby GT500 120 Mystery Photo 120 Comments with Your Renewal 122 Showcase Gallery 126 Resource Directory

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Shifting Gears Keith Martin Steady as She Goes Weighed against last year's drop in stocks, housing prices or contemporary art, 14% seems inconsequential E very week, we send out the “SCM Insider” email, chock full of breaking news, auction results, select videos, and a reader poll to more than 30,000 rabid collectors like you. Our question in the June 30 newsletter asked readers to choose one of four outcomes for the 2009 Monterey weekend. Forty-four percent of you thought things would be grim, and that $100m, the amount realized in 2006, was all we would see. Twenty-six percent thought sales would be stable at about $140m. Twenty-five percent were feeling particularly chipper, and agreed that the totals would soar to $200m (their choice was labeled, “What recession?”) and just four percent thought it would be a “half price sale” totaling $70m. (To sign up for the free newsletter, go to www.sportscarmarket.com.) Now that the last car carrier has left the Monterey Peninsula, the Monterey's finally over. How long until Scottsdale? More is, well, more From a collector's point of view, the more auction companies, the better. This year, buyers had 836 cars to choose from, compared to just 542 the year before—an impressive 54% increase in the number of lots offered. And don't forget, by comparison, the 900- pound gorilla that isn't at Monterey, BarrettJackson, offered 1,239 cars and pulled down $108m at its peak in 2007. So who's to say the Monterey Peninsula couldn't handle another 300 or 400 cars, if properly cataloged and presented. Frankly, from an editorial perspective, life was much simpler when final tent has been taken down, and Ferrari 360s and 430s are no longer as thick as Ford Fusions in downtown Carmel-by-the-Sea, we can settle back and analyze what the market had to say. First of all, the overall totals were encouraging, with 561 of 836 cars selling (67%), for a grand total of $119,784,028. The total numbers were down just 14% from the year before, and as we mention elsewhere in this issue, when weighed against the declines in the stock market, housing, or even contemporary art, 14% seems nearly inconsequential. The buzz But even more important than the results was the mood of the weekend. Having lived through the 1991–92 collapse, where Xanax dispensers were installed at the entrance to every auction, and Aston Martin and Ferrari owners were seen wearing signs around their necks saying, “Will Trade Cars for Food,” the mood this year was decidedly upbeat. After all, over 500 cars did sell, and over $119m did change hands. That's certainly a far cry from the $25m realized in 2003. And from 2000 to 2001, the overall weekend totals dropped from $54m to $32m—a 40% decline. If we had seen the same this year, the total would have gone from last year's $139m to just $83.4m, in which case there would surely have been red Castrol R running down Calle Principal. In each auction tent, there was a sense that buyers were being thoughtful, but still willing to pull the trigger when they saw value. As we have said many times in the past two years, lesser cars, in lesser condition, fell hardest, while the strongest no-stories examples continued to do well. Not as well as last year, but strong nonetheless. One of the questions bandied about before Monterey had to do with the number of auction companies, and the number of cars for sale. Collectors wondered if there were “just too many auctions, and just too many cars.” Of course, the longer an auction house has been established in Monterey, the more it views the peninsula as its rightful turf. Surely RM would like a return to yesteryear, when, as the Rick Cole Monterey Sports Car Auction, it owned the weekend. But over the years, Christie's (now essentially replaced and sur- passed by Bonhams & Butterfields), then Russo and Steele, followed by Kruse, then Gooding, and now Mecum, have all staked out their place on the (very expensive) turf. 8 it was only Rick Cole we had to cover. I did the auction reporting myself, often standing shoulder to shoulder with Rick Carey (Automarket Journal) and Phil Skinner (Old Cars Weekly). At that time, we were the only guys who actually cared about reporting what was happening. Now, as our Operations Manager Jennifer Davis-Shockley reports on page 46, our planning for Monterey literally starts months in advance, and I sometimes wonder if the Operation Overlord D-Day preparations were as complicated. Analyst, B. Mitchell Carlson has offered to parachute in to Pebble Beach to avoid having to wrangle a parking pass, but so far we've been able to restrain him. Tough love That's not to say it was an unrelenting collector car lovefest. Russo can't be happy with a near 50% decline in sales, from $9.1m in 2008 to $5m this year. And Bonhams dropped from $21m to $14.3m—surely bittersweet given just how hard their team has worked over the past few years to develop a presence in Monterey. While neither RM nor Gooding matched their results of 2008, both delivered respectable returns and continue to be the premier events of the weekend. We've yet to get any official results from Kruse, but our reporters on site saw just a handful of cars, in a nearly empty tent the day their auction was scheduled; this is just another reflection of the organizational difficulties that are besetting this once-dominant auction company. Of course, the first-timer-success-story-of-the-weekend award be- longs to Mecum, selling $14.2m, besting both Russo and nearly equaling Bonhams. But this total has to be leavened by the fact that the Cobra Daytona made up $7.68m of that total, and they will be hard-pressed to come up with a similar car next year. Monterey was really a better weekend than we could have hoped for, and it affirmed that collectors of cars have decided that their values are not nearly so ephemeral as those of other collectibles. The trading market for cars, both in velocity and in terms of overall dollars realized, remains respectably strong. Finback, anyone? For no particular reason, the SCM office has decided it needs a vin- tage four-door saloon for our outings. First choice would be a finback Mercedes, preferably an injected 220SE with a floor-shift, but condition trumps options, and a solid heckflosse in tasty colors, even powered by a diesel, would be considered. No automatics, please. Second choice would be the earlier ponton—again, six-cylinder preferred. Perhaps this acquisition will evolve into the next “Drive an SCM Car Across the Country” saga. If you have a likely suspect, or know of one, contact me at keith.martin@sportscarmarket.com, 503.261.0555 x 210. ♦ Sports Car Market

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Crossing the Block Jim Pickering Kruse International— Auburn November Classic 2009 Where: Auburn, IN When: November 6–8 More: www.kruse.com Kruse expects over 400 cars at this eighth annual event, hosted at the 480-acre Kruse Auction Park in Auburn. Plan on a consignment list featuring everything from classics to muscle cars, with price points catering to a variety of budgets. Bud Ward—Hot Springs Fall Collector Car Auction Where: Hot Springs, AR When: November 7–8 More: www.budwardsantiquecars .com A limited number of American, European, and Japanese collectibles will be offered at this auction at the Hot Springs Convention Center, including a 1952 Cadillac Series 62 sedan, a 1957 Cadillac Eldorado Biarritz convertible, a 1974 MG Midget, and a 1972 Honda 600 coupe. Bonhams & Butterfields— Classic California Where: Los Angeles, CA When: November 14 More: www.bonhams.com Last year: 64/97 cars and motorcycles sold / $1.3m The Petersen Automotive Museum will serve as backdrop for this annual sale of cars, motorcycles, and related memorabilia. Early consignments include a 1975 Ducati 750 SS and a BMW R60 with Steib sidecar, both from the estate of John Sweeney, former director of the Larz Anderson Transportation Museum in Brookline, MA, and both offered at no reserve. They're estimated at $40k–$60k and $15k–$25k, respectively. Bonhams—Collectors' Motorcars, Motorcycles, and Automobilia Where: Harrogate, U.K. When: November 18 More: www.bonhams.com Last year: 128/145 cars and motorcycles sold / $1.5m The Yorkshire Event Centre will again play host to this annual auction, which has seen steady growth in final totals from $665k in 2006 to a combined motorcycle and car total of $1.5m in 2008. Last year saw an array of consignments sell at under $20k, which makes it the perfect place for first-time buyers as well as anyone in the market for reasonably priced collectibles. Leake Auctions—Dallas Fall 2009 Where: Dallas, TX When: November 20–22 More: www.leakecar.com Last year: 258/565 cars and motorcycles sold / $6.5m Leake's annual Dallas auction is touted as the largest collector car auction in Texas, with 600 cars expected to cross the block this year inside the Dallas Market Hall. Featured consignments include a 1958 Aston Martin DB2/4, a 1931 Cadillac V16 All-Weather phaeton, a 1957 Facel Vega coupe, a 1948 Chrysler Town & Country convertible, and a 1960 Edsel Ranger George Barris custom. McCormick—47th Palm Springs Classic Car Auction Where: Palm Springs, CA When: November 20–22 More: www.classic-carauction.com Last year: 299/535 cars sold / $4.8m 250 GT Cal Spyder replica at McCormick More than 500 cars are expected to cross the auction block over the course of three nights at McCormick's 47th Palm Springs auction, including a completely restored 1968 Shelby GT350, a 1933 LaSalle 345C with an engine rebuilt to run on modern fuels, a 1959 Chevrolet Impala two-door hard top, and a hand-built 1960 Ferrari 250 GT California Spyder replica. ♦ Auction Calendar OCTOBER 1-2—CARLISLE Carlisle, PA 1-4—MECUM St. Charles, IL 3—COYS Ascot, UK 3—ICA Wichita, KS 7-10—BARRETTJACKSON Las Vegas, NV 8-9—RM Hershey, PA 9—KRUSE Hershey, PA 9-10—SILVER Las Vegas, NV 9-10—VICARI Biloxi, MS 12—SHANNONS Sydney, AUS 16-17—COLLECTOR CAR PRODUCTIONS Ontario, CAN 17—VANDERBRINK Lattimer, IA 17—CHEFFINS Cambridge, UK 17—MIDAMERICA Chanhassen, MN 18—BONHAMS Stafford, UK Ducati 750 SS at Bonhams & Butterfields 10 23-24—DAN KRUSE CLASSICS Fredericksburg, TX 23-25—COLLECTOR CAR PRODUCTIONS Ontario, CAN 24—COYS Padua, ITA 24—ICA Louisville, KY 24—MECUM Branson, MO 24—SILVER Medford, OR 26-27—BARONS| Surrey, UK 28—RM London, UK 29—H&H Sparkford, UK 30—BONHAMS London, UK NOVEMBER 6-8—KRUSE Auburn, IN 7-8—BUD WARD Hot Springs, AR 7-8—ICA Gilbert, AZ 14—BONHAMS & BUTTERFIELDS Los Angeles, CA 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. 16—ARTCURIAL Paris, FRA 18—BONHAMS Harrogate, UK 20-22—LEAKE Dallas, TX 20-22—MCCORMICK Palm Springs, CA 23—SHANNONS Melbourne, AUS 27-28—ICA Houston, TX 27-29—VICARI Daytona Beach, FL DECEMBER 3-5—MECUM Kansas City, MO 4-5—AUCTIONS AMERICA Raleigh, NC 7—BONHAMS London, UK 7-8—BARONS Surrey, UK 9—H&H Buxton, UK 11-12—SANTIAGO Oklahoma City, OK 12—BRIGHTWELLS Herefordshire, UK Sports Car Market

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Inside Line Stefan Lombard Send news and event listings to insideline@sportscarmarket.com. Texas 1000 SCM News ■ Keith Martin's Guide to Car Collecting, Second Edition, is available exclusively now through Sports Car Market. It's your one-stop resource for car collecting, extensively expanded and updated. There are new articles, current collector car pricing, and extensive lists of cars sold over the last two years, including the top 1,000 sales and the highest auction sales of all time. The first edition sold out quickly, so get your copy of the new edition while it's hot off the presses. Not available in book stores for at least another month. $30 including priority shipping in the U.S., $45 for a signed and numbered copy (edition of 250, while supplies last). Call Mary Artz at 877.291.2605, ext. 204, or order on the web at www .sportscarmarket.com. Events ■ The eighth annual Hilton Head Island Concours d'Elegance takes place November 1, with 150 vintage machines taking over the grounds of the Coastal Discovery Museum at Honey Horn Plantation. Speed Channel returns to the event, as Dennis Gage will be filming for his “My Classic Car” series, with coverage not only of the concours on Sunday, but of the preceding Savannah/Hilton Head Historic and the vintage racing on Hutchinson Island. A featured exhibit of the show this year will be “Life on the Road,” which explores the history of camping, travel trailers, and recreational vehicles over a 100-year period. Tickets start at $25. www. hhiconcours.com. (SC) ■ From November 12 to 15, Italian automakers, dealers, clubs, owners, and enthusiasts will gather at Daytona International Speedway for Le 12 Belle Macchine d'Italia – SUD, sister to the popular event held each year in the Poconos. It's the only Italian motoring event held at DIS, and in just its second year, it has become a favorite among owners of Italian stallions, as it provides the perfect setting to put Ferraris, Lamborghinis, and Maseratis to the test on the 24-Hour road course under the watchful eyes of professional instructors. Track time starts at $595 for a single day, $1,275 for the weekend. www.italiancarsatpocono .com. (FL) ■ Vintage Rallies seems to have a driving event for every season, so before you put your collector car up for the winter, why not blast across the Lone Star State with a small group of like-minded souls in the Texas 1000? Held from November 8 to 13, the rally commences just outside of San Antonio, then heads off onto the open roads of Texas Hill Country. Each day covers about 250 miles, with stops at the Continental Tire test track, Jacques Vaucher's l'Art et l'Automobile showroom in Harper, and scenic Fredericksburg. Count on empty two-lane roads, gorgeous views, and the best gearhead camaraderie this side of the Mississippi. $5,495. www.vintagerallies.com. (TX) Event Calendar 1—Hilton Head Concours (SC) www.hhiconcours.com 1—London to Brighton Run (UK) www.lbvcr.com 2—Cartier Concours (IND) www.autox.in 3-6—SEMA (NV) www.sema.org 5-8—Auto Zurich (CHE) www.auto-zurich.ch 7-8—Winter Park Concours (FL) www.winterparkconcours.com 7—Viva Alfa Romeo (FL) www.alfafla.com 8-13—Texas 1000 (TX) www.vintagerallies.com 12-15—Le Belle Macchine d'Italia Sud (FL) www.italiancarsatpocono.com 13-15—Classic Motor Show (UK) www.necclassicmotorshow.com 14—FCA Concorso Arizona (AZ) www.ferrariclubofamerica.org Sports Car Market

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SCM Contributors WES APLANALP had a fascination for cars that started at an early age—cars came right after baseball but before girls. He is originally from Portland, Oregon, and after graduating from optometry school in Los Angeles, he returned to the Northwest and built a small chain of optical stores. He bought his first woodie in 1987, “retired” the next year, and stepped up his car collecting activities. In 2001, he filled a void in the woodie niche and started Woodies USA. With an emphasis on customer satisfaction and a focus on quality cars, the business has flourished. His current personal woodie collection includes a '48 Buick Roadmaster, '48 Chrysler T & C, '46 Ford Sportsman, and a '37 Ford. He analyzes the woodies of the Nick Alexander Collection on p. 30 of this issue. Sports CarMarket Publisher Keith Martin keith.martin@sportscarmarket.com; 503.261.0555 x 210 Art Director Kirsten Hegg kirsten.hegg@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, Paul Hardiman (Europe) Auction Analysts John Clucas (Australia), Daniel Grunwald, 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), MILES C. COLLIER is a retired business executive, practicing artist, investor, philanthropist, and noted authority on vintage automobiles. He nurtured his interest in art at Yale University, where he received a B.A. in Painting. When family business intervened, he received an MBA from Columbia University. He retired as Managing Partner of Collier Enterprises in 1995 and returned to painting, studying for three years with the noted Graham Nickson at the New York Studio School of Drawing, Painting, and Sculpture. Today, he paints professionally. Collier maintains a private automobile collection in Naples, Florida, and hosts biennial symposiums on automobile connoisseurship. This month, you find his profile of a 1965 Shelby Cobra Daytona coupe, CSX2601, on p. 42. 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 Operations Manager Jennifer Davis-Shockley jennifer.davis@sportscarmarket.com; 503.261.0555 x 207 Senior Web Developer Jerret Kinsman jerret.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 Editorial Intern Drew Dorman Print Media Director Wendie Martin wmartin@enthusiastmediagroup.com; 206.427.1652 JENNIFER DAVIS-SHOCKLEY started at SCM as an editorial intern in 2006 and is now the Operations Manager at SCM. She grew up in Northern Idaho, where she spent most of her time camping, backpacking, hiking, fourwheeling, hunting, along with driving twolane backroads in her 1966 Ford Mustang. She holds a Master's Degree in Publishing/Writing from Portland State University. Jennifer lives in Portland with her husband, Craig, and their nine-month-old daughter, Keelin. She made her first pilgrimage to Monterey in August, and on p. 46 she recounts her adventures. Executive Producer, SCM Television Roger Williams roger_williams@earthlink.net ADVERTISING Display Advertising Executives Ted Alfano ted.alfano@sportscarmarket.com; 877.219.2605 x 211 Cody Wilson cody.wilson@sportscarmarket.com; 877.219.2605 x 213 Classified Advertising classifieds@sportscarmarket.com SUBSCRIPTIONS Subscriptions Coordinator Mary Artz 877.219.2605 x 204; M–F 9 am to 5 pm PST To order new subscriptions 877.219.2605 x 204 JÁNOS WIMPFFEN is a recognized expert in the history of sports car racing, and is the author of the encyclopedic Time and Two Seats, as well as the photographic essays, Open Roads and Front Engines,Winged Sports Cars and Enduring Innovation, and Spyders and Silhouettes. His latest book is calledMonocoques and Ground Effects, and a forthcoming title, The Cars Just Happen, will tell the history of Elva. Wimpffen also writes on current sports car racing for the web site www .DailySportsCar.com and consults on historic matters for institutions such as the Collier Museum and Vintage Racing Motors. Last year he paid tribute in SCM to the life of Phil Hill, and in this issue, he profiles one of the great racer's early mounts, a 1952 Jaguar C-type that sold in Monterey. It appears on p. 36. 14 Questions about current supscriptions 877.219.2605, x 204, service@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 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 presented. All material, data, formats and intellectual concepts in this issue © 2009 by Sports Car Market, Inc., Automotive Investor Media Group and Automotive In- 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

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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 Crossplies? I beg to differ To the Editor: I enjoyed Paul Hardiman's September story on the 1958 AC Ace Bristol (“English Profile,” p. 40), but with regard to the following line, “Aces were originally fitted with 5.50-16 crossplies…” my AC Bristol, s/n BEX308, purchased new in 1957, came from the factory with 5.50-16 Michelin Xs, which were radials and not crossplies.—John Willock, Chestertown, MD Paul Hardiman responds: Thanks for your note, John. I stand corrected. Ace Registrar Tim Isles confirms that all Aces were supplied with Michelin Xs. They just looked like crossplies, as the type fitted had a conventional grooved pattern rather than the distinctive “X” tread, and they had the crossply-type size 5.50-16 on the sidewall. Note that this doesn't affect the point I wanted to make, with which Isles agrees: The delightfully balanced chassis of the Ace doesn't want to be overtired. The future of concours To the Editor: In his September “Shifting Gears” column (p. 10), Keith Martin and Mr. Shirley are pondering (bemoaning?) the future of concours, based on the demographic changes in age, interest of participants, and mainly the lack of more modern cars possessing the rarity, provenance, and high quality. While I don't disagree with anything in the column, I would suggest a clue to the future is shown on the facing page—the RM Auctions advertisement for its “Icons of Speed & Style” sale. Hot rods, customs, and race cars are already infiltrating many events, where open-minded sponsors see the popularity, craftsmanship, and provenance. I see the possibility of sliced and diced classes in all manner of restored and/or modified production cars, “scratch-built” cars of all types, and race cars. Some have provenance already and some have a kind of instant provenance based on quality engineering, craftsmanship, and innovation. There are shops all over the world cranking these out 16 Ace Registrar Tim Isles confirms thatall Aces were supplied with Michelin Xs. They just looked like crossplies as we speak. The best shops and homebuilders are creating highquality machines that buyers are willing to pay up for and which draw crowds whenever exposed to the public. The other major factor, as you stated, is the age of participants—the “good old days” syndrome, if you will. The kinds of cars people liked when they were young adults will always be moving forward along with the years. As an example, look at what has happened to the prices of 1950s high-end production cars like those from Olds and Buick. They are probably peaking, but they are up from four-figure cars ten years ago to six figures for nice ones. Right now, there are superior 1932 Ford roadsters being built to order—for $150,000 or more. There are more new steel roadsters on the road than Henry made originally. And they are nice. And they are being added to the pool of preserved cars that currently exist. This, along with proliferation of events, will insure the future growth of the hobby for years to come. It will just look different.—Chuck Wegman, Richmond, TX Winged wonders To the Editor: Colin Comer prepared an excellent study of a frequently considered issue among Mopar collectors—Daytona vs. Superbird (“American Profile,” September, p. 46). While Comer reported important facts regarding the build numbers, engine options, and market magic behind the Hemi, I would like to point out some additional long-term considerations for both vehicles. The first consideration on both cars is that the original build and subsequent restoration costs are quite different. Unique Daytona parts like the nose, rear wing, rear window, and fender scoops were made in far fewer numbers when the car was originally produced, thus making the search for N.O.S. parts a far greater challenge and a costlier one, as Daytona and Superbird parts are not interchangeable. Secondly, the body work required to restore a Daytona will result in a greater labor rate, since the nose is smoothed into the body and the rear window is a complex blend of surfaces that were poorly handled by the original constructors and often requires complete restructuring. The body-color roof and blended quarter panels will not be conveniently hidden by a vinyl top. All of this contributes as well to the lack of Daytona clones or “fakeydoos.” Finally, the often-overlooked front fender swells on the top surfaces of 1968–70 Chargers are an exceptionally difficult surface to prepare with integrity to the original. Few restored cars ever get this right. Fundamentally, the Charger Daytona is a far more complex car than the Superbird and therefore should be considered a more complex restoration for anyone considering it as a project car. The Daytona Charger is a far more complex body design than the Coronet-based Superbird and could be considered the more “hand-made” or “specialty” vehicle, and thereby of greater value due to the more specialized treatments. Interestingly, up until the recent drop in values, both (non-Hemi-based) cars were able to return 75%–80% of full restoration costs (a comparison against the average of my per

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Ad Index Aston Martin of New England ................ 87 Autobooks-Aerobooks .......................... 129 Automobiles Historiques Ltd .................. 93 Autosport Designs ................................... 91 Barrett-Jackson ....................................... 11 Battery Tender ....................................... 121 BB One Exports .................................... 101 Blackhawk/Auto Collections Inc ............ 47 Boardwalk Ferrari Maserati .................... 93 Canepa ................................................... 101 Cheetah Continuation Collectible .......... 93 Chubb & Son Inc. ................................... 67 Classic Showcase .................................. 113 CMC Classic Model Cars ....................... 97 Cobalt Automotive LLC ....................... 131 Davidoff Zino Platinum ........................ 119 Driversource Houston LLC ............. 81, 128 Ecurie Investments P/L. .......................... 79 European Collectibles ........................... 119 Exclusive Motorcars ............................... 75 Exotic Car Transport ............................. 125 F40 Motorsports ...................................... 49 Fantasy Junction ...................................... 79 FedEx Auto Transport ........................... 132 Ferrari of Long Island ............................. 69 Ferrarichat.com ..................................... 125 Fine Lines Graphics .............................. 125 Gooding & Company ................................ 2 Granite Digital ...................................... 113 Grundy Worldwide .................................. 29 Gullwing Motor Cars, Inc. ...................... 57 Hagerty Insurance .................................. 13 Heacock Classic ..................................... 57 Heritage Classics ..................................... 71 Hyman, LTD ........................................... 65 Intercity Lines ......................................... 63 JJ Best Banc & Co ................................ 123 Juniors House of Color ......................... 129 Kidston ...................................................... 9 Le Belle Macchine d'Italia ...................... 75 Leake Auction Company ......................... 73 Lobell North, LLC ................................ 121 MacNeil Automotive ............................... 21 Maine Line Exotics ................................. 91 Miller's Mercedes Parts, Inc ................ 129 Motorcar Portfolio ................................ 107 Palm Springs Exotic Car Auctions .......... 59 Park Place LTD ....................................... 15 Paul Russell and Company ................... 103 Pocono Sportscar ................................. 129 Poff Transportation ............................... 121 Putnam Leasing ....................................... 19 Reliable Carriers ..................................... 27 Re-Originals .......................................... 113 RM Auctions ............................................. 7 Ron Tonkin Gran Turismo ...................... 97 RPM Autobooks .................................... 128 Russo and Steele ..................................... 17 Silver Auctions ........................................ 23 Sports & Specialist Cars ....................... 105 Steve Harris Imports ............................. 125 Symbolic Motor Car Co ............................ 3 The Stable, Ltd. ..................................... 105 Thomas Hamann ..................................... 81 Touchless Car Cover ............................. 119 VeloceSpace ............................................ 35 Vintage Rallies ...................................... 103 VintageAutoPosters.com ....................... 129 VIP Transport Inc. ................................. 129 Worldwide Group ...................................... 5 18 sonal research over the past 20 years) when in the same annual sampling most base-engined muscle cars generally returned 55%–65% of restorations costs. Additionally, it is important to note in any consideration of these winged cars how the relative original “donor” cars fare in the market, as this is often a good indicator (though not always) of the long range market potential of the winged cars. The 1968 Dodge Charger with any motor has held its value at a consistently higher level than the comparable Coronet or Road Runner series cars, assuming the same engine options by comparison. Historically, the Road Runner cars were indeed important from a sales and marketing perspective, which means they will be plentiful in the marketplace. However, the 1968–70 Charger was like nothing else when released and has become an icon of American design (incidentally penned by then-youthful Art Center College graduate Richard Sias). The Charger owes nothing to the previous history and nothing better came after in the product line—it was ground breaking and will always retain that halo, thereby making it more desirable to collectors seeking sophisticated specialty-construction cars. With nearly four times the number of Superbirds built to Daytonas, and a further percentage increase in rarity due to the lack of the third engine option in the Daytona, the Daytona represents a great value for anyone considering a high-end Mopar in today's market. Just be prepared to spend more when properly restoring a Daytona to get you to world-class level in pricing.—Raffi Minasian, Walnut Creek, CA C-type correction To the Editor: Page 116 of the September issue had an eBay report by Geoff Archer. He reported that XKC003, the 1951 LeMans winner, 2nd at the TT, raced at Goodwood, Mille Miglia by Moss & Devis (should be Dewis!), etc. sold for $850k. His “market opinion” further states, “What it lacked in condition it surely made up for with history. Fair price for an irreplaceable example that will Fundamentally, the Charger Daytona is a far more complex car than the Superbird and therefore should be considered a more complex restoration for anyone considering it as a project car always command respect.” This is the same car that SCM asked me about in December of last year via email below. It was on eBay twice. 1) As stated in my book, The C-type Register, which was published by Jaguar in 2001, XKC003 was broken up for spares and does not exist. 2) It STILL does not exist. 3) IF it DID EXIST, $850k would be more than just a “fair price” for a LeMans-winning C-type. It would surely be the deal of the decade! 4) The eBay bid was made with the agreement that the bidder would buy the car if it checked out after my inspection of the detailed photos and confirmation that the car was genuine. The person I spoke to did not buy it. As far as I am aware, it did not sell. In the story I did for SCM in March 2008, I put C-type values at $3m to $3.5m. Even with the slump in the economy, I expect they won't be much off that number or will stay in that range depending on the car and its history. XKC007 with the Phil Hill history coming up at the RM sale in Monterey should fetch a very strong price. I know the car well. I owned it in 1986 and restored the car. Later, in the '90s, I freshened it up for Pebble Beach. It not only has great history but is also a fantastic car with no dramas in its life. It would be very hard to find a better production C-type than XKC007.—Terry Larson, via email SCM responds: XKC007 sold for $2.53m at RM Monterey this year; its sale is reviewed on p. 36 of this issue. We regret the error concerning XKC003. Keep on ticking To the Editor: Just a brief comment on your August issue. Again, another great write-up on a very nice watch—the Hamilton Ventura (“Time Pieces,” p. 20). While some may not see it appropriate to have reviews of collector watches in SCM, I feel articles on such fine machinery are fitting alongside two-wheeled and fourwheeled works of mechanical art. Keep up the great work.—Nate Yarusso, Anacortes, WA Errata On p. 70 of the August issue, in our Spring Carlisle auction coverage, we list lot F165, a 1967 Chevrolet Camaro SS 396 convertible, as being fitted with a 454-ci V8. The car is a true SS 396 with a date-correct though non-matching 396-ci V8, but it carried a 454 air cleaner at the auction. ♦ Sports Car Market

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Time Pieces by Alex Hofberg 1920–1990 “Radiator” Watches An unusual genre of wrist watch that dates to the 1920s is the “Radiator Grille Watch.” Four examples, including two of the earliest made, were recently brought to auction at the Bonhams & Butterfields jewelry sale at Quail Lodge. Given that there are only a handful of radiator watches known, B&B did an excellent job rounding up four different examples. The two earliest, both from the mid 1920s, were a Ford radiator, manufactured by the Mido Watch Company, and a Chevrolet grille, produced by the H. Didisheim Co. The Ford watch featured a solid silver case with hinged lugs and its winding crown (radiator cap) on top, at the twelve o'clock position, allowing the watch to be read straight up on the wrist. It was estimated at $7,000–$9,000 but failed to find a buyer. The Chevrolet watch featured a chromed steel case with the winder on the side, forcing the wearer to view the dial sideways, whichever wrist it is on. Estimated from $2,000–$3,000, it sold at $2,440. Both watches had Swiss jeweled movements, though the Ford watch was more highly jeweled than the Chevrolet. The Ford watch strongly resembled another radiator watch made in the same period by Mido for Ettore Bugatti to give as gifts to close friends, mechanics, and drivers associated with him; it was seemingly made only in solid gold. In the 1990s, Mido offered a limited-edition reproduction of the Bugatti watch, also produced in a gold case. Also featured in the B&B sale was a Lancia grille watch made by Bueche Girod, a small, often-forgotten firm making high-grade watches in Bienne, Switzerland. If this watch had been signed by a more famous company, it would have had a higher estimate than the $4,000–$6,000 expected and perhaps it would have sold, but it failed to meet its reserve. The last radiator watch was a Rolls-Royce grille made by Corum, whose fame is well documented, though as a women's watch it would not have the value of a men's watch. It was estimated at $4,000–$6,000, but did not sell. Consequently, of the four watches, only the Chevrolet sold. It must be considered well sold, as even though quite rare, the chrome case and modest mechanicals make it more of a novelty than a fine machine. The other three watches had optimistic reserves, or the right buyers just weren't in the room. Automotive manufacturers look to distinctive grilles and badges to define their work, and it's surprising so few watches have emulated them. Some manufacturers have enjoyed market success; Breitling has done well with Bentley, and Ferrari watches made by Girard-Perregaux were once popular. Attempts by Officine Panerai to align themselves with Ferrari seem less successful. To some collectors, pursuing a narrow genre with few known examples is alluring and achievable, with the satisfaction of “having them all.” The small “Radiator Watch” sub set of the much larger “Wrist Watch” set is just that—a great specialty. Model Details Production Date: 1920s to present Best place to wear one: Behind the wheel—of course... Ratings ( Rarity: is best): Durability: Parts/Service Availability: Cool Factor: Web: www.midowatchdealer.com; www.corum.ch Neat Stuff by Stefan Lombard Eat your heart out, Herman Miller Your day job doesn't have to break your back. In fact, Racechairs dares you to make it through one day at your desk without pretending to shift gears while making high-performance engine sounds with your mouth, all from the comfort of your new office chair. With their line of “performance furniture,” Racechairs offers you the chance to sit in style in chairs from the likes of a Ferrari 360 Challenge, 550 or 575 Maranello, Porsche GT3, Corvette C5, Lamborghini Diablo GTR, and several others. These aren't replica seats— these are OEM auto seats that have been craftily converted for office use. Each includes a custom-painted base with sculpted shift levers to control the synchro tilt mechanism and seat height. Prices start at $3,500. www.racechairs.com. 20 Please don't touch the car The Touchless Car Cover is an indoor drive in/out solution to protect any automobile worth protecting, and the unique design has drawn rave reviews from gearheads around the world. It's like a pup tent for your car, and when not in use, the lightweight nylon cover can be folded into a 48-inch circle for easy storage. You may have seen Touchless Car Covers in use at Concorso Italiano, where they protected the three Alfa Romeo B.A.T. concept cars owned by the Blackhawk Museum from the shower of ash created by nearby wildfires. Why not choose one to keep the neighbor's kid from touching your baby? $299. www.touchlesscarcover.com. Sports Car Market

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In Miniature by Marshall Buck 1965 Shelby Cobra Daytona Coupe This 1:18-scale Cobra Daytona by Exoto—mod- eled to replicate CSX2601 as the 1965 Reims winner, and now the “$7.7 million coupe”—was one of the nicest mass-produced diecasts you could buy when it was first issued in 1998. It's still available today. Is it perfect? No, definitely not, though it did set standards at that time, which the top manufacturers today (including Exoto) have surpassed. I bought a pair back then, the other car being a model of CSX2299, which won the GT class at Le Mans in 1964. Like almost all 1:18-scale diecast models, these Model Details Production Date: 1998– Quantity: Car #26, Reims 1965, 5,000 or more; Car #5, Le Mans 1964, 7,500 or more Many thousands of other versions Ratings: Overall Quality: Authenticity: Overall Value: Web:www.exoto.com are produced in China. They were designed and researched here in the States, though they aren't historically accurate; they're reasonably close, but they miss the mark. Exoto has modeled assorted race versions of all six Daytona coupes, but with one main set of tooling for the body and a number of other components, you get the “one size fits all” syndrome, and that's obvious to anyone who knows these cars. Exoto has also extended the tooling a lot, by offering 25 variations, plus one set of five cars. Some of their Daytona coupe editions are limited and some are not. Some are out of production, which Exoto refers to as “retired” but can still be bought on Exoto's web site—at hefty prices ranging from a low of $400 to a high of $900. Those prices would be easy to justify if fewer models were produced. And if they were better. When I bought mine, the retail price was around $100. Prices have risen and any of the twelve variants still available start at about $300. Unfortunately, the models are the same as they were ten years ago, when you could accept inaccuracies for the lower price. By today's standards, you don't get your money's worth. I do give Exoto credit for taking the leap to produce these models, which were then considered niche-market models. No one else was offering any diecasts in 1:18-or-larger scales, but that's changed today. These models look great from a few feet away, but if you're looking for the quality of CMC, or GMP, or even AutoArt, you may not be happy. Overall, they do capture the Daytona coupe. The fine metallic paint finish gets high marks and is smooth and glossy, and both Guardsman Blue and the lighter Viking Blue look great. Working features include an opening hood and rear window, while the doors work on old dog-leg-type hinges. The front wheels can be turned via the steering wheel, and the model rolls. There are also nice touches like machined valve stems and well-done wheels with great-looking Goodyear tires. The engine and detailing are basic; the same can be said for the interior, and a number of molded plastic parts carry a lot of flash, which should have been cleaned off. Dash gauges are nicely replicated, and I'm glad to see they angled the passenger seat to the right, as on the real cars. Plusses outweigh minuses overall, but unless you find one at a reasonable price, your money is probably better spent elsewhere. Available from Motorsports Miniatures: 800.249.3763 Speaking Volumes by Mark Wigginton Hot Rods and Custom Cars Los Angeles and the Dry Lakes: The Early Years Rare Photographs by Strother MacMinn By Ken Gross and Robert Ames, Crown Holdings, 182 pages, $124.95 (The Rodder's Journal) Los Angeles in the late '30s and post-war '40s was ground zero for the hot rod, with carcrazy young men turning their fathers' sedans into topless, fenderless onefinger salutes to the old order. Take that '32 Ford, chop off the roof and fenders, and add big tires in the rear, lower the body and the radiator to match. Then hop up the flathead lump up front and head to the drive-in with your gal on Friday and Muroc Dry Lake for speed trials on Sunday. That was the culture that designer, photographer, and teacher Strother MacMinn swam in after quitting Detroit for L.A. MacMinn became one of the most influential voices in auto design, as a teacher at the Art Center College of Design in Pasadena, California, where he taught for half a century. He trained designers from around the world, was a judge at the Pebble Beach Concours d'Elegance for more than 30 years, and he was a photographer and chronicler of beautiful design work he found in every discipline, from cars to boats, from airplanes to tractors. Collector Robert Ames bought 86 rolls of MacMinn's images, developed and tightly coiled in canisters, at a 1999 auction. He promised to publish the high-quality photos, shot mostly with a Leica, which turned out to be a treasure trove of cars from that era, taken at shows, on the street, and at Muroc. Ames then convinced an expert on the era, Ken Gross—automotive journalist, former director of the Petersen Museum, and self-admitted flathead nut—to tell the stories behind the cars in the photos. What results is a rarity: special photos, smart text, and a singular look at an important era through the eyes of the giant of automotive design, Strother MacMinn. Provenance: The photos themselves are the stuff of a great car museum, and the authoritative text by Gross adds to your knowledge of the era in a way that increases your car guy satisfaction with every page. Fit and finish: Simple and clean, typically a two-page spread is no more than text on the left, photo on the right. Clutter free, the design and typography get out of the way of the words and images. The images themselves are crisp and the reproduction does them justice. Drivability: Your mileage may vary, but for me this was personal. My late father often told me stories of his own hot rod in this period, his trips to Muroc, his confrontations with California traffic cops, his late-night tear-downs of his flathead after running methanol in the desert, because he needed to get to school the next day. Those stories and that singular time came alive in the photos and text inHot Rods and Custom Cars. Be warned: This book is offered exclusively through The Rodder's Journal, and the print run was as small as the mailbox rear window on the Carson padded top of a sweet '32 Ford. 22 Sports Car Market

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Industry Roundtable Assuming an unlimited budget, which two cars from the Monterey auctions—one from your auction, and one from another auction company's event—would you most like to have in your own garage, and why? Drew Alcazar President, Russo and Steele, Scottsdale, AZ From a purely “numbers- crunching” perspective, Ferraris will forever lead the charge in determining val- ues. But if I was buying emotionally, I'd gravitate to the “Yankee hot rodders” who brought the World Manufacturers Championship home to the U.S. in 1965 for the first time. I'd buy the matched pair of models that have terrorized the tracks, streets, and minds of motorsports enthusiasts since then—GT350 s/n SFM5R537 from our sale, and Daytona coupe s/n CSX2601 at Mecum. SFM5R537 has a great history. Originally badged SFM5021, it was one of only three GT350s to go directly to the Shelby School of High Performance Driving. When a late order materialized for an extra R model from a “well connected” Shelby client, this “37th R model” was rebadged 5R537. It's fully documented from Shelby and retains its original title, so its provenance is bulletproof. A “school car” and an R model, this GT350 was one of the best buys of our sale by a long shot. As for CSX2601, who in their right mind with a bottomless pocketbook could resist the World Championship Cobra? One of only six, this most decorated Cobra ranks as the Holy Grail of domestic collectors. Mike Fairbairn Vice-Chairman & Co-Founder, RM Auctions, Blenheim, Ontario, CAN My choice from our own sale is without question the ex-Phil Hill 1952 Jaguar C-type. For me, the single most important factor is its provenance—both the significance of this car, as well as the contribution its type made to the automobile world. The very DNA of Jaguar can be traced to the C-type, infusing as it did the bones of William Lyons's magnificent XK 120 with racing blood that resulted in an astonishing five wins at Le Mans, in the hands of Stirling Moss, Peter Walker, Clemente Biondetti, and future World Champion, the incomparable Phil Hill. In considering Phil Hill's contribution, the pivotal role of XKC007 becomes clear. America was to become an international focal point for sports car racing, and one of the first truly great car-and- driver combinations of the post-war era was Phil Hill, driving this very car. Few would argue that it is one of the prettiest sports cars ever built; it is fast and dependable, offering superb handling, and a ticket to virtually any event. My second choice might be considered more contentious—but I've chosen it for personal reasons. I've always been fascinated by engineering and its role in developing automotive design. In that sense, I believe one of the most important cars at Monterey was the 1939 Auto Union D-type offered by Bonhams. Pre-war Germany dominated Grand Prix racing, thanks to the endless engineering excellence that flowed from both Mercedes-Benz and Auto Union. Known as the Silver Arrows, the two teams battled each other throughout the decade, but it was the Auto Union D-type, with its triple-camshaft, two-stage-supercharged V12, that dominated the penultimate seasons. Although the cars ended up in the Soviet Union as spoils of war, suffering disassembly and deterioration, the example offered by Bonhams is generally regarded as the only survivor that can be identified as a singular car—chassis #19. Fully restored, the car is “on the button,” and I can imagine no greater thrill than a lap of the Nürburgring at speed. 24 Sports Car Market

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David Gooding President, Gooding & Company, Santa Monica, CA Assuming cost was no object, I'd be coming home from Monterey with the Prince M'Divani/Jerry Gebby 1935 Duesenberg SJ roadster that we sold and the Phil Hill Jaguar C-type sold by RM. Although the two cars couldn't be more different, my reasons for choosing each would be much the same. The first reason is that both cars have exciting, unblemished histories. The Duesenberg was built as a gift for a Prince and later cherished by one of the first Duesenberg enthusiasts and historians. Beyond being one of the last built, it has a number of wonderful stories. The Jag has great stories too. It was the first C-type brought to the U.S., the first to win a race in the States, and it was driven by Phil Hill to victory. Both are “no-excuses” cars with clear, known histories from day one. Appearance and historical context are other factors. The styling of the Duesenberg is just sensational. In one sense, it is over-the-top and extravagant (after all, it's a 320-hp, 5,000-lb, two-seat roadster), yet it possesses a beautiful subtlety, with delicate lines and wonderful details. While the Duesenberg is a statement of power and exclusivity, the C-type was Jaguar's first true sports racing car and you can sense the purity of the car's purpose in its lines. The C-type was the first Jaguar to dominate international racing. Both cars are hugely versatile. The Duesenberg is a Pebble Beach “Best of Show” candidate, yet it can be driven on tours because of its power. It even has racing history. The C-type would be welcome at any international driving event or historic race, yet it is extremely tractable. It's also a 100-point show car that would be a hit at any concours. Dana Mecum President, Mecum High Performance Auctions Marengo, IL From our auction, it has to be the ‘65 Shelby Daytona Cobra coupe, because it's absolutely as good as it gets. As the caretaker of that fine automobile for the past few months, I actually fell in love with the car. It's powerful, but it's easy to drive. My personal taste in collecting leans toward American race cars, and that car sure gets you a lot of recognition. From another auction company, I honestly didn't have the time to go anywhere else when I was in Monterey, but, because of its notoriety, I would have to say the SJ Duesenberg that Gooding sold. Being a car guy, I just love that car. Mark Osborne President, U.S. Motoring Department Bonhams & Butterfields, San Francisco, CA Money no object? Then it's easy: It has to be CSX2601—the 1965 Shelby Cobra Daytona coupe. Why? Provenance, importance, rarity, and eligibility. This car clinched the World Championship title for Carroll Shelby with a win at Reims and also won the 1,000 Km of Nürburgring. Its roll call of owners, including Bondurant himself, tells you just how important a car it is, and with just six cars built, you join a pretty illustrious group of owners. Better still, if you're so inclined you could race this at almost every major historic event at circuits like Laguna Seca, Le Mans, and Goodwood, or use it for any of the major tours, such as the Tour Auto/Tour de France retrospective. It doesn't get much better than that. It was the most significant car to be sold at Monterey, and it deserves to be the most expensive American car to sell publicly at auction. From our own sale at Quail Lodge, I'd take the 300SL Roadster. I said these would be the model to watch over the weekend, and we were fortunate to offer arguably the best of all that survive. With its late specification of disc brakes and alloy motor, you have the definitive Roadster, but what makes this one all the more special is that it has recorded roughly 7,500 miles from new, it is exceptionally original, came complete with hard top and tools, and had once been owned by famed collector Otis Chandler. All of this gave the car great auction potential, and it was rewarded by a world record figure of $805,000. November 2009 It was the Auto-Union D-type with its triple-camshaft, two-stage supercharged V12, that dominated the penultimate seasons. 25

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Affordable Classic Fiat X1/9 When X1/9 Marked the Spot If speed wasn't the X1/9's forte, handling was. Even on its Segway-sized tires, it could do battle with the Ferrari 308 GT4 and DeTomaso Pantera by Rob Sass B y the early 1970s, some were predicting the demise of the inexpensive sports car. Modern small sedans like the Audi Fox and VW Rabbit were threatening to render sports cars redundant. It didn't help that the standard-bearers for the under$4,000 sports car class were the MG Midget and Triumph Spitfire. Both were ancient in compari- son to up-to-the-minute designs like the Rabbit and Fox, or for that matter, the Toyota Celica. The enthusiast publications practically demanded that somebody build a cheap sports car on a modern platform. Fiat was the only company to answer the chal- lenge, and they did it in a way that was nothing short of brilliant. They simply took the existing engine and transaxle from the front-wheel-drive Fiat 128 sedan, relocated it to just in front of the rear axle, and instantly had a modern, cheap, mid-engine sports car. The magazines were unanimous in their praise—their prayers had been answered and a category of cars dear to them had been saved for the time being. Road & Track said, “There is simply nothing it doesn't do well.” Fun to thrash to the 7,000 rpm redline That is, unless one considers the X1/9's nearly non-existent acceleration. The initial 1,300-cc carbureted version took over 15 seconds to get to 60 mph. Nevertheless, it was fun to thrash to the 7,000 rpm redline. And if speed and acceleration weren't the X1/9's forte, handling certainly was. Absolute grip was impressive—even on its Segway-sized 145 SR 13 Michelin XAS tires, it was in the same league as the Ferrari Dino 308 GT4 and DeTomaso Pantera. The car's handling characteristics were simply sub- lime. Even for such a short-wheelbase car, the ride was perfectly damped, never choppy, and there was nothing devious about the Fiat's transient response. Lifting off the throttle in the middle of a bend was not a ticket into the weeds. Steering was delightfully direct, responsive, and light in large part because of the aforementioned narrow Michelins. (It is unfortunate how many modern owners mess up the work of competent chassis engineers by fitting tires that are too wide.) Finally, the car managed to do what no inexpensive mid-engine car had managed up to the time—it looked great. Marcello Gandini, then at Bertone, gave it an aggressive but not too extreme wedge stance that belied its small 15-foot length as well as giving it decent outward visibility. 26 Just as those X1/9 fans who feel SCM has unfairly maligned the little cars over the years are possibly getting ready to stow their pitchforks, the reality of Fiat's execution must intrude on the lovefest this article was beginning to resemble. Maintenance was skipped X1/9s, like many cars of the period, were grievous rusters. Interior materials were fragile, and poor engine compartment access means that vital maintenance was often skipped when the cars were relatively new. It only went downhill from there, as the cars fell into the hands of the impoverished. Overheating, vapor lock, and gearbox failures (particularly reverse) were also common on early cars. In 1975, Fiat introduced what must have been the most horrible response to U.S. bumper laws by any manufacturer—basically two tubular bars joined by rubber end caps and mounted on protruding shock absorbers. A better, far more integrated bumper design was introduced later, along with a 1,500-cc engine that allowed the car to at least keep pace with ever-tightening emissions laws. X1/9s can be reliable—SCM publisher Martin interviewed an X1/9 owner at Concorso Italiano who proudly proclaimed he had driven his car over 388k miles. The “why” question wasn't asked. Bertone had built the bodies in Turin during the production run of the car, and they were sent across town for finishing at the Fiat plant. Eventually, Bertone took over complete assembly of the cars. The last cars sold in the U.S. were badged as Bertone X1/9s. Good X1/9s seldom appear for sale either publicly or privately. Although the 1974 cars were modest performers, our sense is that these are probably the most desirable, and if one of the few excellent brightly colored 1974s one sees every year at Concorso Italiano ever comes up for sale, it is probably the only X1/9 with a prayer of seeing the high side of $7,000. After that, a later 1500 with the more attractive Details bumpers and the very attractive four-spoke alloy wheels would probably be the most desirable X1/9. Although some prefer the Bertone-badged cars simply because they are the newest, their unattractive flat alloy wheels and garish two-tone paint are liabilities. And while the X1/9 brigade often blames SCM for the woeful state of the X1/9 market (they once threatened to burn Martin in effigy at their annual meet, and he replied in print, “At least there will be plenty of oil on the ground to get the fire started”), we simply report the fact that for as long as any of us can remember, under $3,000 buys what acceptable cars are out there and we personally know of people who have paid considerably less. Bad news for those X1/9 owners waiting for their cars to join the $10k club, but good news for those of us looking for some cheap, stylish fun. ♦ Years produced: 1974–90 Number produced: 200,000 (including Bertone cars) Original list price: $3,970 (1974) SCM Valuation: $3,250–$4,900 Tune-up cost: $150 Distributor cap: $16.99 Chassis #: Door jamb or driver's A-pillar Engine #: Stamped on pad back side of engine below oil filler Club: FIAT America PO Box 391068 Mountain View, CA 94039-1068 More: www.fiatamerica.com Alternatives: 1962–80 Triumph Spitfire; 1961–79 MG Midget; 1970–73 Porsche 914 1.7L SCM Investment Grade: F Sports Car Market

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Legal Files John Draneas The Long-Distance Purchase and the Lawsuit The court ruled the buyer had opportunities to inspect the car before buying it and to call the seller to ask about the car, and chose to do neither S uppose you have a not-so-nice collector car you want to sell for big bucks. Your best shot might be to list it on eBay or some other Internet web site. Here are some tongue-in-cheek tips about how to maximize your chances of cashing out at the top of your market: 1. Post lots of pictures—it gives people the comforting sense that you are being candid about the condition of the car and that everything is on the up and up. Don't worry that the photos might show the car's warts, because pictures lie. The low resolution of those little thumbnails will make everything look perfect. And if it doesn't, fix it with Photoshop. 2. Write a very long description about your car—it gives great comfort to the buyer that you know the car and are being truthful about it. But be as general as possible. Avoid any meaningful specifics about the condition of the car, because that is too risky. If you find that hard to do, try emulating an auction catalog, where they generally spend more time writing about the model than the specific car being sold. 3. Describe two or three of the car's little warts. They won't kill the deal, but you will give the buyer the impression you are making full disclosure. 4. Invite people to come inspect the car themselves, as it inspires confidence that you have nothing to hide. But don't worry about it, because they won't come. If someone actually does and sees how bad the car really is, apologize and move on. There are a lot of other potential victims out there 5. Above all, make sure to state the car is being sold AS IS, and that all your statements are made only to the best of your knowledge, to help avoid nasty little comebacks when the buyer sees the real thing as it rolls off the car hauler. The listing described the car as gorgeous A recent New York Supreme Court Appellate Division case illustrates the wisdom of this advice and that we still have a lot of caveat emptor in our legal system. Our defendant was a seemingly nice little lady who owned a well-used 1995 Mercedes-Benz that she didn't want any longer. Her son told her he could take care of it, and listed it on eBay. The listing described the car as “gorgeous,” and the numerous pictures bore that out. The listing disclosed three blemishes—a missing master key, a missing CD cartridge, and a missing spare tire. The listing stated that the seller was the original owner, and invited bidders to come inspect the car and to call with any questions about the car's history. It ended with a disclaimer that the car was being sold AS IS, and that conditions were being disclosed to the best of the seller's knowledge. Our “successful” bidder immediately started having problems with the car. He had it professionally inspected and learned that: • It had substantial accident damage that had been repaired • The entire car had been repainted • There were rusted suspension parts, attributable to worn undercoating • There were electrical and sensory system issues • It had a defective throttle • It had a catalytic converter needing replacement The estimated cost to repair all of these problems was a whopping $14,268. The buyer sued, claiming he should get back the purchase price on the legal theories of breach of warranty and fraud. He did not fare well with the trial court. To make a bad Gorgeous Benz, all 72 dpi of it situation even worse, he appealed the loss. Seller's opinion doesn't constitute warranty The Appellate Court explained that, under the Uniform Commercial Code, the seller's factual statements about the car and its condition create a warranty. If the statements are untrue, the buyer can either unwind the deal or collect damages for the shortcomings. However, the Court also described the major exception. Any seller statements that either express the seller's opinion or just commend the car will not be treated as creating any warranty. That is, a seller can state that he thinks something is so, or talk about how great his stuff is, without risking contractual liability. The Court looked closely at the eBay listing in order to apply these two legal principles. The only explicit statement in the listing was that the Benz was “gorgeous.” To the Court, that statement was clearly just the seller's opinion, and mere “puffery” about the worthiness of the car. With no statements made at all about the other problem areas, the Court was unable to find anything that could create a warranty about the condition of the car. No warranties can be created by the buyer's impressions, but only by the seller's actual statements. Buyer had opportunity to inspect the car The buyer also claimed the totality of the listing exaggerated the condition of the Benz and constituted 28 Sports Car Market

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fraud, but that proved to be an even tougher case to make. To be fraud, the Court pointed out, the seller must intentionally lie about the car, and the buyer must reasonably rely on the seller's lies. The Court didn't bother addressing whether the seller lied or not, and simply ruled that it was unreasonable for the buyer to rely on the seller's statements about the car. The buyer had the opportunities to inspect the car before buying it and to call the seller to ask about the car, and chose to do neither. The Court dismissed the buyer's argument that the 2,700-mile distance between him and the car made the inspection impractical, pointing out that he could easily have hired a local mechanic to make the same inspection before the purchase as he made after. And, to rub salt into the wound, the Court essentially said, “After all, this is a used car deal!” It doesn't work in the used car world “Legal Files” has been quite amazed to encounter so many situations where a buyer has purchased a car online without adequate investigation, inspected it after receipt, decided it wasn't as nice as he expected it to be, and then demanded to unwind the deal. That may work at Costco and Nordstrom, but it doesn't work in the used car world. This case offers two very important lessons: 1. No matter how nice the car looks in the pictures or how it sounds in the text, and no matter how dark the red mist that has clouded your judgment, you just can't read more into the seller's statements than is literally there. 2. No matter how far away the car is located, no matter how reliable the seller ap- pears to be, and no matter how short the available time might be, you can't just accept everything the seller says and do nothing to check out the car yourself, then complain later. We all heard when we were kids, “God helps those who helps themselves.” The law is the same way. Five ways to protect yourself as a buyer If you are buying a car long distance, and you care about the condition of the car, here are five things you should do to protect yourself, in ascending order of cost and effort: 1. Contact the seller directly and ask lots of questions. If by telephone, take copious notes to help establish what was said. 2. Get and carefully review adequate documentation of the complete history of the car. 3. Get a CARFAX (or equivalent) report. 4. Have the car professionally inspected. To cover all the bases, this may require a mechanic for the mechanicals, a body repair/restoration shop for the paint and body, and a marque specialist for authenticity. They should all be well experienced with the model you are considering, and they should be selected and hired by you to assure loyalty. 5. Even after doing all of the preceding, go see the car anyway. You are writing the check, you are going to have to live with the car, and only you can know if the car meets your standards. There is simply no substitute for your own eyes. ♦ JOHN DRANEAS is an attorney in Oregon. His comments are general in nature and are not intended to substitute for consultation with an attorney. November 2009 29

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Collecting Thoughts Nick Alexander Woodie Collection Wooden It Be Nice... This sale contained the best examples from each year of the flathead era by Wes Aplanalp 1948 Ford Super Deluxe Sportsman Convertible, sold at $275,000 O ne of the questions posed by RM's sale of the Nick Alexander Collection of woodies was whether the buyers would be woodie collectors already or first-timers looking for a great woodie. Looking around I saw a lot of new faces and I suspect they were just looking for the best woodie they could buy. Their enthusiasm answered another question too— would prices be depressed with so many good cars selling together? This was the biggest collection of woodies ever sold at one time. The answer was a definitive no; in fact, having all the woodies together at one time brought out more buyers, who ended up spending more money. RM started one day earlier than usual by adding the Alexander Collection on Thursday evening to their usual Friday-Saturday night time slots. The 52 cars and wagons were collected by Alexander over a 15-year period and ranged in production years from 1932 to 1957. The Alexander Collection was known to be the best Ford and Mercury woodie collection—a mix of restored and Rouge Award original cars that were amazingly well-preserved. And without a doubt, this sale contained the best examples from each year of the flathead era. The cars appeared like the day they rolled off the line at the factory; Nick Alexander eschewed whitewall tires and other aftermarket accessories. 30 Here are some of the most notable woodies that crossed the auction block. Lot 125: 1948 Ford Super Deluxe Sportsman Convertible The Sportsman was conceived by Ford stylists in late 1945 to fill a need for a body style between the station wagon and the convertible. It proved to be a short-lived need. Ford started with a production convertible, removed the metal skins from the doors, deck lid, and rear quarters, and added hardwoods and mahogany panels. The first Sportsman was delivered to actress Ella Raines in Hollywood on Christmas Day, 1945. The car at the auction is thought to be the last Ford Sportsman ever built. In December 1947, it was sold by a Ford dealer to the original owner, who kept it into the 1980s. It then belonged to different collectors in Southern California, until being purchased by Alexander in January 2006. This is an original woodie, with generous amounts of gorgeous Birdseye maple. There were actually four Ford Sportsman convertibles in the sale, something none of us will likely see again. Selling prices ranged from $214,500 to $275,000, with this car at the top of the range. It was the last of an era, well documented, and on the money. Lot 135: 1946 Mercury Sportsman Convertible In 1946, only 205 Mercury Sportsman convertibles were built between April and December, which was the end of the entire run. Ford thought the upscale Mercury Sportsman was going to be a hit, but it wasn't. Like most of the cars in the Alexander Collection, this one had an excellent own- ership trail and was acquired from another collector in 2003. Alexander's shop rerestored it using the original factory navy blue color, and in 2004, the car received 994 Sports Car Market Photos: Darin Schnabel

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1946 Mercury Sportsman Convertible, high sale at $368,500 points out of 1,000 to win a coveted Dearborn Award from the Early Ford V8 Club. A rare car, restored to like-new condition, it created quite a stir at $368,500. Seems like a lot, but it's a benchmark car and sets the price for now. Lot 138: 1942 Mercury Station Wagon A highly sought-after model, the 1942 Mercury sta- tion wagon had a limited run of only 783 cars. This is believed to be the best of ten remaining examples. In 2001, this car won a Dearborn Award at Pismo Beach, scoring 997 points out of a possible 1,000. Two years later, it was invited to Pebble Beach and finished second in class, losing out to another of Alexander's cars. Drop-dead gorgeous, it fetched $209,000, and I wouldn't have been surprised to see another $20k–30k, so I say well bought. Lots 126, 132, 147, 156, 550: 1939 Ford Deluxe & Standard Station Wagons There were five examples of 1939 cars, perhaps the most coveted year for Ford woodies at the sale. It is Nick Alexander's favorite year and probably why he had so many. It was the first year Ford offered hydraulic brakes 1939 Ford Deluxe Station Wagon, sold at $209,000 and the last year for the floor-shift transmission. Two Standard and two Deluxe models sold Thursday night, and prices ranged from $170,500 to $209,000. But the best was saved until Saturday night, when an original '39 Deluxe sold for $236,500. Showing only 42,000 miles, it scored 992 points and received a Dearborn Award in 2004. That price is a world record for a '39 Ford woodie. Lot 134: 1940 Ford Standard Station Wagon A remarkable example of a stunning restoration, this extremely rare woodie with Marmon-Herrington four-wheel drive was a First in Class winner at the 2003 Pebble Beach Concours, as well as a Dearborn Award winner in 2001. It sold for $231,000. There are few of these, and they change hands rarely. A record, no doubt. Lot 154: 1946 Ford Super Deluxe Station Wagon There are a handful of these Marmon-Herrington wagons left, and this one was restored by the Alexander team. In 2005, it scored an incredible 999 points and a Dearborn Award, and it sold here for $247,500. There are few of these, and they almost never change hands. Another record, I suspect. The Alexander Collection produced total sales of $7,254,500. If you deduct the $189,750 realized for the five steel station wagons, you have woodie sales of $7,064,750—an amazing $150,000-plus per wagon. One of the most interesting aspects of this no-reserve sale was that estimated prices were so close to selling prices—and in a down market. Of 52 cars offered, only five sold below low estimate, 21 beat high estimate, and the others were mid-range. It's a shame to see such a collection broken up, but perhaps each of those 52 buyers will start their own woodie collections. They've got a great start. ♦ 1940 Ford Standard Station Wagon, sold at $231,000 November 2009 1946 Ford Super Deluxe Station Wagon, sold at $247,500 31

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Ferrari Profile 1954 Ferrari 500 Mondial Series I The Mondial evokes the larger and more powerful 375 MM. Those who can live without the extra eight cylinders will find their reward in the bank by Simon Kidston Details Years produced: 1954–55 Number produced: 22 approx. “Series I” Original list price: Lire 3,500,000 ($5,600) SCM Valuation: $1,200,000–$2,000,000 Tune-up cost: $1,500 Distributor cap: $1,000 Chassis #: Stamped on front left chassis longeron, under exhaust manifold Engine #: Stamped on block, between exhaust pipes 2 and 3 Club: Ferrari Club of America PO Box 720597 Atlanta, GA 30358 More: www.ferrariclubofamerica.org Alternatives: 1954–56 Porsche 550 Spyder, 1954–55 Maserati A6GCS, 1952–53 Jaguar C-type SCM Investment rating: A Chassis number: 0418MD T his Ferrari 500 Mondial was the sixth of 22 Series I motorcars constructed. Scuderia Ferrari prepared a group of Mondials to compete at the 21st Mille Miglia and retained 0418MD for the effort. As the chassis numbers of the participants were of no consequence at the time, accounts differ as to who drove which particular car; however, it has since been determined that it was either Sterzi and Rossi or Pineschi and Landini. On July 14, 1954, the factory sold the car to Mario and Bianca Maria Piazza, a husband-and-wife racing team. The Piazzas paid 3,500,000 lire for 0418MD, a considerable sum for a car that already had a major race under its belt. They decided to enter it at the Messina 10 Hours, coming 11th overall. In 1955, the car was entered in the Mille Miglia; however, it did not start. By the fall of 1955, it had been exported to Venezuela, where it raced at the Grand Prix in Caracas, finishing 10th. The last recorded South American race came in 1958 with an unidentified driver using the alias “Guido Lollobrigida.” By the mid-1960s, the car had moved to the U.S. and was campaigned there. By the 1970s, the original engine had been removed. During the next few years, a proper Mondial engine, 0506MD, was installed, and the car passed to collectors David Uihlein and then Bill Jacobs. Mr. Jacobs participated in the 1984 Mille Miglia Storica before selling the car to Paul Tavilla. It was then completely restored before being campaigned at the Mille Miglia Storica three years in a row. It was awarded a First in Class at the 1992 Cavallino Classic and the FCA National Concours. Then it was sold to Dennis Machul of Illinois. He entrusted Skip McCabe to perform a comprehensive restoration that brought the car up to outstanding, concours quality throughout. It was shown at Meadow Brook and participated in the FCA Challenge Rally and the Colorado 32 Grand. In 2000, 0418MD returned to the Cavallino Classic and earned the FCA's prestigious Platinum Award. Under its current ownership, this car has been cam- paigned at the 2007 Mille Miglia Storica. It is astounding to consider that this car has successfully completed the Mille Miglia six times. The 500 Mondials are famous for their forgiving, balanced handling, intuitive responses and an unforgettable sound and sensation of speed. As one would expect, this car is offered with FIA and FIVA paperwork, the correct original hood and windscreen, and a report by Marcel Massini that documents its history. SCM Analysis This car sold for $1,540,000, including buyer's premium, at Gooding & Company's auction at Pebble Beach, California, on August 16, 2009. It's a common misconception that Ferrari sports rac- ers of the 1950s can be neatly categorized into production types, and that changes followed uniformly across the board when the great Enzo decreed them. This Mondial is referred to as a “Series I” in the catalog, and such generalizations have been passed down over the years, but, as my learned friend the French Ferrari author and 4-cylinder expert Antoine Prunet points out, Ferrari at the time was “un grand bordel” (we Brits would politely call it “a bloody shambles”), at least for historians. Any racer from that period therefore needs to be analyzed on a car-by-car basis. Incidentally, the Mondial was named in honor of Ascari's '52 and '53 World Championships (Campionati Mondiali) in single seaters with similar 4cylinder power. The cars most Ferraristi describe as Series I Mondials have a Tipo 501 chassis (round tubes) with front transverse leaves, a 4-speed transaxle, and a Tipo 110 (2-liter, 4-cylinder) engine; approximately 22 were built in 1954. Sixteen were bodied by Pinin Farina, two as closed ber- 1955 Ferrari 750 Monza Lot 525, s/n 0492M Condition 2- Sold at $1,107,000 B&B, Carmel Valley, CA, 8/18/2006 SCM# 42651 1955 Ferrari 750 Monza Lot 571, s/n 0502M Condition 2+ Sold at $1,540,000 RM, Monterey, CA, 8/17/2007 SCM# 46252 Comps 1956 Ferrari 500 Testa Rossa Lot 28, s/n 0620 Condition 2- Sold at $1,327,500 Christie's, Monterey, CA, 8/8/2004 SCM# 34909 Sports Car Market Photos by Scott Nidermaier © 2009 Courtesy of Gooding & Company

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linettas, and six by Scaglietti. Ferrari also equipped some Tipo 501 chassis with 3-liter or even 3.5-liter engines. Earlier Mondials evoke the more powerful 375 MM As for the so-called Series II Mondials, these were built in 1955, featured a Tipo 510 chassis (oval tubes) with helical springs, a 5-speed transaxle, and a Tipo 111 (2-liter, 4cylinder) engine, and were bodied by Scaglietti. To add confusion, this same chassis was used for the similar-looking 750 Monza, and some cars used both 2- and 3-liter engines. Generally speaking, if they were delivered with the 2-liter, the chassis suffix was “MD,” while just “M” was used for the 3-liter. But only generally… Collectors tend to favor the earlier Pinin Farina-bodied Mondial, as it evokes the larger and more powerful 375 MM, a car not for the faint of heart or wallet: Gooding had an example displayed for private sale at Pebble Beach, asking north of $7 million. Those who can live without the extra eight cylinders will find their reward in the bank. Of course, you could pretend anyway and do what a previous owner of 0418MD has done—fit the big hood scoop from a 375 MM. Never mind that the Mondial's carbs are on the side of the engine, not the top. We know that chassis 0418MD started life as a 2-liter, Pinin Farina-bodied Mondial. The catalog states it was one of a pair used for the 1954 Mille Miglia by Scuderia Ferrari, although historians are divided not just on which of the two MM cars it was, but whether it was there at all. Its later history follows a fairly typical pattern: After racing duties in Europe, the old warrior is pensioned off to fight further battles in South America, soldiering on in obscurity after its highly strung Italian lump gives up by the simple expedient of fitting a good ol' Detroit V8 in its place. Years later, a prince in shining armor (a savvy collector) spots its potential and, an expensive kiss later (call it a restoration), it's ready for the Cavallino Classic or the Mille Miglia, looking shinier than the day Mrs. Piazza took delivery (wives, rather than their husbands, are often listed as buyers in Italy, where jousting with the tax man is something of a national sport). Incidentally, the “unidentified driver” referred to in the catalog really was called Lollobrigida—he was Gina's cousin. So is the new custodian, a big cheese in the fast food industry, right to look so cheerful after parting with over a million and a half of his hard-earned cash for this voluptuous Latin beauty? Worldwide eligibility of the highest order If he's bidding on a car like this, he probably has more than just looking at it in mind. The Mondial may not have the biggest of hearts—two liters in sports racing car terms isn't exactly fire-breathing—but you'll rarely find a better combination of internationally recognized marque (the marque, let's face it), svelte yet aggressive coachwork (by yet another great name—Pinin Farina), excellent presentation (yes, more expensive makeovers…), and, perhaps most importantly of all, worldwide event eligibility of the highest order. This Mondial may not have covered itself in period glory, and its original engine might be powering a tractor outside Caracas, but neither is it one of three cars claiming the same chassis number, nor is it built around a few bits of fire salvage. It's accepted as “proper” and as such is likely to be welcomed into any big ticket event. Believe it or not, in this price bracket there aren't that many cars that qualify on all those counts, even in these uncertain times. A tired, PF-bodied 500 Mondial with matching numbers but other issues is available in Europe for €1 million ($1.45m), and the next Ferrari step up is a 750 Monza starting at $2 million. The seller of 0418MD had recently acquired a new toy and so when bidding came close to reserve, he gave the nod and allowed the car to be sold. I'd say that was the right call, and both he and the beaming new owner can sleep peacefully. ♦ (Introductory description courtesy of Gooding & Company.) November 2009 33

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Sheehan Speaks Michael Sheehan Defining the Pre-Purchase Inspection Almost all shops use pre-purchase inspections as a loss-leader, and so they are motivated to find and recommend any and all needed work Test drive and take notes Once at the agreed-upon shop, the first step is an in- spection and a test drive. Ten minutes behind the wheel will tell the basics, but a half hour or more is better to check systems from the radio to the a/c, the windows to the shocks and gearbox, ad infinitum. Expect 30 minutes to an hour or more, including taking notes. Inspection can take hours... or days Next, the car goes on the rack for an underneath inspection that includes the lower bodywork, frame, suspension, powertrain, brakes, gearbox, a check for matching numbers, ad infinitum. Once back on the ground, there's a check of the body lines and panel fit, the engine bay, and compression and leakdown test, if applicable, all while taking notes. On a 360 Spider, three or four hours should be Does this look like $182,000 to you? L ast month's column detailed a threatened $182,000 lawsuit against a Ferrari shop because of decades-old damage to a 37-year-old car, which was discovered but not mentioned to the would-be buyer during a $300 pre-purchase inspection. The many lawyers I spoke with all declared that any claim against the shop would focus on whether there was an industry standard on what should or should not be included in a pre-purchase inspection (PPI), and whether the shop met such a standard. In reality, there is no industry standard. Shops have different procedures, buyers have unique requests, and the “must do” list varies from shop to shop, from Ferrari model to model, and from value to value. What you get for $300–$500 The depth of a PPI can vary substantially. While Ferraris are expensive, they are, after all, “just used cars,” and older cars almost always need immediate post-purchase service work. The older the Ferrari, the greater the chance that the current owner is oblivious to any work the inspecting shop will find. Conversely, the buyer wants perfection, and he wants that perfection built into the purchase price and certified by the shop doing the inspection—an unrealistic expectation. Assuming a minimum shop rate of $100 per hour, it's hard to justify spending more than $300–$500 for a PPI on an under-$50,000 car, yet it is prudent to spend much more than $500 for a PPI on a $500,000-plus car. The car's location can add complications. Is there a competent mechanic in that area? How do you get the car to him? Is that mechanic's idea of a nice driver the buyer's idea of a dirty dog? A regional twist is that many California clients believe cars from the Midwest and Northeast have more road rash, suffer more potholes, and count their age in dog years. In any case, picking a shop with an established reputation is mandatory. Once the shop is chosen, most pre-purchase inspections will have the following sequences. No signed agreement, no inspection The buyer and/or seller and/or broker(s) agree on a shop and outline what they want the shop to do. Conversely, a large part of the shop's responsibility is to educate this group on that particular Ferrari's inspection needs. The shop should expect to spend a minimum of an hour on the phone, plus writing up and faxing the inspection agreement to the buyer. No signed inspection agreement, no pre-purchase inspection. 34 enough, whereas an Enzo-era Ferrari, which needs the interior removed to get to hidden numbers, can easily use up a day. If you need photos to confirm matching engine, gearbox, and differential numbers for Classiche certification, the photos and paperwork will add many hours. The Classiche certification process is a follow-up to the pre-purchase, and can stretch out for weeks, if not months. If you want that Enzo-era Ferrari inspected for previous damage, you'll pay extra to have the wheels pulled off, the inner fender access panels removed, and the inner sheetmetal inspected. Actual inspection time starts at three or four hours and rapidly consumes the day, and more. An organized seller or professional broker will also have all possible service records available and provide them in PDF format, as copies, or by fax to the inspecting shop for review, consuming another hour or more. Buyer and seller get the estimated costs It's now time for the shop to call the buyer and/or the seller and/or the broker(s) and review problems or recommended work, then make parts price calls and rough out an estimate for recommended repairs, then call back with the estimated costs for recommended work. Total shop time increases a few hours more. Recommended work often results in another round of renegotiations between buyer, seller, and broker to make a deal. Once resolved, the shop can close out the inspection. When one counts up the hours, it's clear that $300 to $500 doesn't begin to cover the time for an Enzo-era Ferrari inspection, and that $600–$800 is more realistic. And if the shop rate is over $100 per hour, that number only goes up. No inspection at the seller's home I'm often asked if we can do or can arrange inspec- tions at the seller's home. The answer's no. Obviously a thorough PPI requires a full shop with a mechanic who knows that model Ferrari intimately, a hoist, a compressor for the leakdown, and a serious toolbox. Don't forget Sports Car Market

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to add in the cost of a $23k SD-2 or SD-3 Ferrari laptop needed for the modern Ferraris (now outdated and just replaced with a $35k Panasonic toughbox, plus a $1k monthly connection fee, plus extra for ongoing software updates). Every shop I spoke with performs pre-purchase inspections as a loss-leader to get work. Because they also need to cover their backside with full disclosure, the shops are motivated to find and recommend any and all needed work. Don't mistake the inspection for a warranty Every would-be buyer wants to use the PPI as a new-car warranty, but a $300–$500 check-up is not—and never could be—construed as a warranty, especially on an older car. Neither is a PPI the basis for the buyer to build a case for a free restoration of normal wear items at the seller's expense. Additionally, a PPI is not an appraisal, but instead an inspection of the body, mechanical, and operational systems, at that moment in time, and not the shop's confirmation of ownership or service history, originality, or sales value. Limit damages to cost of inspection While shops have every motive to find any and all needed work, the threat- ened lawsuit that inspired this column also demands that shops should mention any previous damage or repairs they find, regardless of any connection to work needed today, simply because we live in the most litigious country on the planet. A written estimate for every $300–$500 or $1,000 inspection may seem excessive, but shops should have, at a minimum, a standard PPI agreement form. That form should require binding arbitration in the shop's area. Any act or omission that might lead to liability must materially affect the performance or value of the car, and liquidated damages should be limited to the cost of the inspection. Keep the shop busy, share the bill I often recommend that buyer and seller share in the cost of the estimated repairs, because buyers are not nearly as eager to have every aging part replaced if they are paying part of the bill, while the sellers are (begrudgingly) paying for some share of long overdue deferred maintenance. This will not be my first column to prompt angry emails from lawyers who feel I disparage their profession, but that profession serves no one but themselves when a $300 PPI results in a $182,000 demand. ♦ Let's try to make a case November 2009 35

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English Profile 1952 Jaguar C-type Roadster Above the whistle of the SU carburetors, you may catch the spirit of a very intelligent, slightly nervous, willowy young man expertly guiding the C-type by János Wimpffen Details Years produced: 1951–53 Number produced: 54 Original list price: £2,330 ($6,410) SCM Valuation: $2,000,000–$2,750,000 Tune-up cost: $900 Distributor cap: $30 Chassis #: Bulkhead in engine bay; upper right shock tower Engine #: Bulkhead in engine bay; above oil filter housing Club: Jaguar C- and D-type Register, terrylarsonjaguar@msn.com More: www.jcna.com Alternatives: 1954–57 Jaguar D-type, 1953–55 Ferrari 375 MM, 1955 Austin-Healey 100S Comps Chassis number: XKC007 J aguar's chief engineer William Heynes said that until he went to the 1950 Le Mans race, he had “never seriously contemplated designing a car for racing.” Then he watched Leslie Johnson push his more or less standard XK 120 as high as 3rd until the clutch failed. William Lyons watched the race with Heynes, and Johnson's performance was enough to convince Lyons of the car's potential: Jaguar was going racing, with the aim to win Le Mans in 1951. Work began on the prototypes in autumn 1950, and the XK 120C—the C stood for “competition”—became known as the C-type Jaguar. Three C-types lined up for Le Mans in 1951. An oil pipe flange failure eliminated two cars, while Peter Whitehead and Peter Walker took the victory a staggering 77 miles ahead of the second place finisher. Jaguar would win Le Mans five times in the 1950s. Three months later, in the Tourist Trophy, C-types came 1st, 2nd, and 4th. Stirling Moss rounded off the C-type's debut season by winning at Goodwood in September. Works cars and privately owned C-types had won numerous races in Britain by the end of 1952. Delivery of production C-types to the United States began in August 1952, and the cars made their mark in the hands of Sherwood Johnson, John Fitch, and—most notably—Phil Hill. Chassis number XKC007 was delivered to New York on August 1, 1952, to its first owner, Charles Hornburg, Jaguar's West Coast dealer, based in Beverly Hills. Hornburg had convinced William Lyons that competing in America would increase sales, and XKC007 was the very first C-type to arrive in the U.S. The car was driven straight to Elkhart Lake for the last-ever street race on the 6.5-mile Wisconsin circuit, held September 6–7. Hornburg hired Phil Hill to race 36 XKC007, with George Weaver driving a second C-type, XKC009. Hill took the victory, Phil Walters's Ferrari was 2nd, and George Weaver 3rd. Phil Hill recalled the arrival of XKC007 in America. “It was a big moment. These cars were not just a replacement for the XK 120. People expected these cars to be a darn sight better. The 120 was ‘gee whiz' in '49 and still ‘gee whiz' in '50 but by '51 they were passé. I was just in awe of the C-type when I first stepped into it. The steering was light—almost scary light. It was the first car I ever drove that had a really precise feel about it—it really felt like a racing car.” XKC007 was purchased by noted C- and D-type ex- pert Terry Larson in 1986 and completely restored. At the time, the original head was not installed, but it has since been reunited with the car and is included in the sale. The current owner has shown the car at concours events since 1993 and achieved many 100-point scores and first places in the Jaguar Club of North America competitions. It was awarded the Best Sports Car Award at Meadow Brook in 1996 and was Second in Class at Pebble Beach in 1997. The glorious C-type Jaguar presented here would grace all the great historic events of the world and could surely be a race winner once again. Phil Hill described this car as “the most tractable go-to-the-store-type sports racing car I have ever driven.” SCM Analysis This car sold for $2,530,000, including buyer's premium, at RM's auc- tion in Monterey, California, on August 15, 2009. “Liquid-smooth puddles of aluminum alloy...” While not an opening line, that quote from Burt Levy's acclaimed novel, The Last Open Road, is the auto aficionado equivalent of “Call me Ishmael.” In our case it was Levy's fictional mechanic Buddy Palumbo's reaction to the first time he ever saw a Jaguar C-type. 1953 Jaguar C-type Lot 150, s/n XKC014 Condition 2 Sold at $1,512,500 RM, Phoenix, AZ, 1/20/2006 SCM# 40634 Sports Car Market 1956 Jaguar D-type Lot 521, s/n XKD553 Sold at $2,097,000 B&B, Carmel Valley, CA, 8/8/2006 SCM# 42614 1952 Jaguar C-type Lot 86, s/n XKC006 Condition 3 Sold at $1,649,638 Christie's, Paris, FRA, 2/11/2006 SCM# 40779 Photos: Darin Schnabel

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The early 1950s was a time when the standard street sedan, whether in Europe or America, cut either a plain or a brutish figure. As for the more potent machines, of course there was always Ferrari. But most redblooded Italian cars were quite over the top. The cars coming from Britain included such potent but awkward creatures as the Healey Silverstone and the Allards. By contrast, the Ctype was the epitome of understated elegance and remains one of the purest examples among automobiles of the marriage of form and function. Whatever its technical or stylistic merits, the C-type had other attributes deserving recognition. Jaguar designers had but one objective in mind over the winter of 1950-51—to win June's Le Mans 24 Hours. The C-type did so handily, and the win extended the life of the C-type to 1953 for the Works effort, and well beyond for many customer cars. The last racer to be driven from the factory to Le Mans The other enduring memory is that the C-type was perhaps the last Le Mans racer to be driven from its birthplace in Coventry directly to the Sarthe. Other cars have paraded around outside the circuit, but the C-type was the last pure dual-purpose sports car. The C-type was also one of the first sports cars to seriously balance power and aerodynamics. The racing C-type positioned Jaguar firmly as a manufacturer of cars equally capable of quick laps or a stylish drive to the theater. While principal rival Ferrari was engaged in a spiral of increasing engine displace- ment, William Heynes opted for a more measured response. The lines of the C-type emphasized a reduction in drag, while gas flow gurus Walter Hassan and Harry Weslake tweaked the inline-6 to eke out more power. The engine's principal advantage was that it breathed through dual-overhead cam- shafts. Jaguar was the first large-scale constructor to take this route that until then had mostly been championed by specialty manufacturers. A C-type won Le Mans convincingly in 1951 and a production run of nearly 50 cars followed, with most achieving success at home and abroad. Recognizing the importance of developing the American market, XKC007 was the first of several dispatched to the U.S. in the second half of 1952. To paraphrase the esteemed philosopher Yogi Berra, 90% of automotive history is half about the people: The late Phil Hill is one of the few Americans who, when associated with a car, can immediately add zeroes to its value. Hill drove XKC007 from Watkins Glen to California It is a measure of both the man and the car that after already having raced the XK 120 as well as several Ferraris, he pronounced the C-type as the first that “really felt like a racing car.” It is a measure of the times to note how the car was used. After an aborted race at Watkins Glen, Hill and photographer Jerry Chesebrough drove XKC007 to California. “We drove long hours,” Hill noted. “The car had a 4.27 rear end and the engine just beat its brains out. We ran on the Dunlop racing tires, and there was no muffler or top on the car.” Hill won at Torrey Pines and was second at Madera. It was there in Southern California that XKC007 spent most of its later racing days, driven by several club racers for the balance of the 1950s. Apart from installation of D-type heads and carbs for a run at Bonneville, the car was neither badly abused nor neglected until its restoration. But it is the relationship with Hill that adds the extra spice. He had trained with the factory in an XK 120 and then raced one through 1950. The spell with the racing C-type was a homecoming and a stepping stone toward the balance of his career. The Hill connection has brought XKC007 extra at- tention, and a lot of extra money. Of the 54 C-types produced, three were scrapped, and another two or three have been altered so much as to render their provenance and value questionable. One was stolen and remains missing. This still leaves an inventory of over 40 examples. Perhaps 20 of these are gardenvariety average examples and are well cared for. Their values seem to hold steady in the $700k–$900k range. Another dozen or so have more noted backgrounds in terms of either drivers or race success. Figure a 75%– 100% premium for those. Edge into the $2.5m range for the three existing Works cars, while the 1953 Le Mans winner (although now rebodied) would fetch a tad more. It seems that the emotions over the still-recent passing of the great American champion were enough to tilt XKC007 into the realm of the exemplary C-type. While the buyer may have led a bit with the heart, the head says the market is likely to follow. The other good C-types are now poised to garner a bit more interest the next time around. The buyer has a concours-ready piece of history, but it should also be exercised with the vigor expected of a lithe but aging athlete. For it is only when we see it in a rally or an exhibition that its flowing lines will evoke that sense of a “puddle of aluminum alloy.” And there, above the whistle of the SU carburetors, you may catch the spirit of a very intelligent, slightly nervous, willowy young man expertly guiding this very car past the competition. That alone is worth the price of admission. ♦ (Introductory description courtesy of RM Auctions.) November 2009 37

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Etceterini & Friends Profile 1938 Bugatti Type 57C Special Coupe One simply can't assign a value to this car using “matching numbers” criteria. The body is a one-off, and many special details are unique by Julius Kruta Details Years produced: 1934–39 Number produced: 535 (T57); 106 (T57C); 15 (T57GR) Original list price: 70.000FF chassis only ($1,629–$3,037) SCM Valuation: $550,000–$8,000,000, depending on body style Tune-up cost: $5,000 Distributor cap: $400 Chassis #:Brass plate on left side firewall; on upper crankcase at engine rear left Engine #: Same places as chassis number Club: American Bugatti Club More: www.americanbugatticlub.org Alternatives: 1937–40 Alfa Romeo 8C 2900, 1936–38 Delahaye 135M, 1936–39 Mercedes-Benz 540K Comps Chassis number: 57335 W ith so many spectacular Bugattis, it takes a special car to stand out. It's safe to say that this one-of-a-kind Type 57C Special coupe is one of the most intriguing Bugattis ever constructed. In June 1938, this car was built at the Bugatti factory in Molsheim. The frame, no. 278, was equipped with a blown Type 57 engine, 4-speed gearbox and rear end, all numbered 486. This car was originally issued chassis no. 57335, a number from an earlier Bugatti automobile, most likely as a way to avoid taxation. The car's most distinctive element was unique coachwork designed by Jean Bugatti. It was the only example ever produced and featured a two-piece glass roof. Ettore Bugatti himself used this car during 1938 and 1939, just before the factory was closed due to the German occupation. As a Works-owned demonstrator, 57335 was also driven by prominent figures in the factory, including Bugatti racing team driver Jean-Pierre Wimille, who was photographed in the car. As the German invasion began, Bugatti driver Robert Benoist drove the car into hiding, narrowly escaping capture while doing so. After the war, 57335 returned to Molsheim, where it was most often used by Pierre Marco, the Director General for Bugatti. He was reportedly the only person allowed to drive 57335 following the passing of Ettore Bugatti in 1947. The car remained at the factory until 1959, by which time a number of unique components had been fitted. The three-spoke steering wheel was sourced from a 38 Type 101 with the famous EB insignia. The car was also fitted with special Lockheed hydraulic brakes, the problematic glass roof was replaced with a fabric one, and the car received its distinctive radio, aftermarket heater, and greasing points. There is also a beautiful cloisonné EB crest on the rear bumper and Rudge-Whitworth wire wheels. On Marco's retirement, the factory sold the coupe to Belgian Bugatti distributor Jean de Dobbeleer. Before it made its way to Belgium, it was fitted with the engine it retains today, no. 340, which features a unique downdraft carburetor, top inlet manifold, and distinctly different supercharger from the type fitted to standard Type 57s. At purchase, de Dobbeleer stamped the engine compartment with number 57557, a car he had already owned, so he could take this car out of France without paying export duties. In April 1959, Lyman Greenlee, an American col- lector from Anderson, Indiana, purchased this Bugatti, but he seldom drove it and in 1973, just before his death, sold the car to William Howell of Oklahoma City. He chose Howell because his mechanic was Alf Francis, Stirling Moss's former mechanic. In 1982, the current owner purchased 57335 from Howell following a lengthy “interview” process, wherein he was found to have an appropriate appreciation for the importance of this car. Over the past 27 years, 57335 has been fastidiously maintained and rarely shown. However, it stunned the crowd at the 1985 Pebble Beach Concours d'Elegance, the year that all six Royales were reunited. 1934 Bugatti Type 57 Lot 165, s/n 57158 Condition 2+ Sold at $395,643 Bonhams, Paris, FRA, 2/7/2009 SCM# 119716 1937 Bugatti Type 57 Atalante Lot 142, s/n 57502 Condition 5 Sold at $4,408,575 Bonhams, Paris, FRA, 2/7/2009 SCM# 119703 1938 Bugatti Type 57 Atalante Lot 221, s/n 57766 Condition 4 Sold at $1,058,640 RM, London, UK, 10/29/2008 SCM# 118537 Sports Car Market Photos by Pawel Litwinski © 2009 Courtesy of Gooding & Company

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In May 2009, respected Bugatti restorer Scott Sargent stated all of the finishes on this car are correct, from the nickel on the suspension components to the engine turning on the firewall. Stampings on the floorboards, body, and hood all match, and the rear end still has the correct “486” stamping from 1938. The car is supplied with a folio of tools, each stamped with the rare EB insignia. It is absolutely certain that 57335 is a one-off car that was owned by the Bugatti factory for two decades. The car was driven by Ettore Bugatti, JeanPierre Wimille, and Pierre Marco, and was fitted with a number of unique accessories. Since 1960, its three caretakers have gone to extraordinary lengths to protect and preserve this historic Bugatti. In nearly 50 years, it has been seen by very few, rarely used, and lovingly maintained. SCM Analysis This car sold for $1,375,000, includ- ing buyer's premium, at Gooding & Company's auction at Pebble Beach, California, on August 15, 2009. Its fascinating provenance is indisputable and all the stories about this very special Type 57C and its chassis number and registration would take too much time and space to tell. But let us look at some hard facts about this factory demonstrator. All the Works drivers drove this car The Special coupe was built in 1937 and used by the whole Bugatti Works team. The car was registered in the name of Ettore Bugatti and driven by the factory for nearly 20 years. There are a number of pictures taken by Jean Bugatti that show the car at various races. Jean Pierre Wimille is pictured behind the wheel, and we can even spot the coupe at the 1939 Le Mans race on the starting grid during practice. There's no doubt that all the other Works drivers at the time used 57335, including Benoist and Veyron. From the Le Mans pictures, we can tell the car was painted in a slightly different color scheme at that time. It was finally invoiced to the famous Belgian Bugatti dealer Jean de Dobbeleer on January 31, 1959, for 1,000FF (about $2—really). De Dobbeleer exported it to the U.S. and did a number of fiddles with the engine and chassis number, for taxation reasons. The Special coupe was sold by the Works with engine number 340; however, factory documentation tells us that in June 1939, the car also had engine 486 when a Mr. Peigues took the car to Luxembourg. So 57335 arrived in Belgium with a replacement engine numbered 340, which is ex-57449 (not from 57557 as stamped on the engine). It gets even more confusing: There is another engine stamped 540-57335, with the Bugatti chassis number 57529. And customer chassis 57335 was originally delivered with engine 223 to agent “Monestier” in Lyon with a delivery date of May 26, 1937, two years later than delivery of any similar chassis numbers in the list. Go figure. There are still mysteries to be solved. What this car does have is history So what does that mean regarding the originality of this Special coupe? To me, the engine number of a Works experimental car (which this is) is nowhere near as important as it is on a normal production car, where the engine number is allocated to a specific chassis number. One simply can't assign a value to this car using “matching numbers” criteria. What this car does have is history. The body is a one-off design, many special details are unique, and the provenance—even if not complete in every detail—is fascinating. The car is loaded with anecdotes and simply cannot be compared to a standard Type 57C Ventoux or coupe. Amazingly, all three caretakers of the car after de Dobbeleer were well aware what a piece of Bugatti history they owned, so the car was not destroyed by a restoration that would have robbed it of its soul. All the special features are still with the car (even the sliding bars to mount the jack under the rear axle are still in place.) But the car can be considered attractive only to a limited number of Bugatti connoisseurs. It is a unique piece of history that looks like a standard Type 57, but with a one-off body that is a matter of personal taste. Should it be worth more than a more rakish 57S? That's a hard question to answer. A far more attractive Type 57C Atalante sold at the same auction a day later for $880k, including buyer's premium. Considering that there are about 40 Atalante Type 57s in existence and our subject car is a one-off car with bulletproof provenance, I say at $1.375m, it was very well bought indeed. ♦ (Introductory description courtesy of Gooding & Company.) November 2009 39

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German Profile 1951 Porsche 356 Split-Window Coupe This car is fitted with the rare 1,500-cc engine, when most were 1,100 cc to 1,300 cc. I don't know if it's the actual engine from new, but it is correct by Alex Finigan Details Years produced: 1950–55 Number produced: 7,627 Original list price: $3,800 (1951) SCM Valuation: $45,000–$55,000 Tune-up cost: $300 Distributor caps: $20 Chassis #: Trunk floor before fuel tank; driver's door jamb Engine #: Stamped on vertical pad below generator Club Info: Porsche Club of America 5530 Edgemont Dr. Alexandria, VA 22310 More: www.pca.org Alternatives: 1951–54 Jaguar XK 120 coupe, 1958–60 MG A Twin-Cam coupe, 1959–65 Alfa Romeo Giulietta Sprint Investment Grade: B Comps Chassis number: 10975 D uring the Second World War, Ferdinand “Ferry” Porsche and a handful of his faithful employees started work on development number 356 in their workshops in the town of Gmünd in Kärnten, Austria. The first design drawings were completed on July 17, 1947. Nearly a year later, on June 8, 1948, the Kärnten state government issued a special permit homologating the prototype. Returning home after being held by the French as a prisoner of war, Professor Ferdinand Porsche, Ferry's father, saw the new car and immediately stated that “every single bolt was just right.” The prototype 356 was then followed by a small series of 52 additional cars built in Gmünd. Further production in Stuttgart from 1950 to 1965 amounted to 78,000 units of the 356 model. The first 356s featured an engine with just 1,131 cc displacement and only 35 hp, almost necessitating that the first few 356s be as light as possible. The bodies, therefore, were crafted initially from light alloy. The early 1950s were good times for the expanding family-owned company; aside from relocating business back to revitalized Stuttgart, they soon found that demand for the 356 far exceeded their expectations. The car was simple in design and relatively straightforward to produce. The chassis was a boxed, pressed steel assembly in unit with the floorpan, and with the engine slung low at the back. The interior was relatively basic but offered plenty of usable space and good visibility. Final assembly of the bodywork was entrusted to Reutter. Performance 40 was initially modest—but entertaining—and the handling characteristics were easy to cope with. In the summer of 1951, the company reached a milestone, building its 1,000th car in Germany. As the 1950s unfolded, Porsches triumphed in grueling roadrace events, with cars entered in all of the important rallies of the day—the Mille Miglia, Alpine, Berne, and Campione events. This early production split-window “interim- bumper” example of a 1951 356 “pre-A” coupe received a high-quality restoration some years ago. The car was originally sold at the Park Avenue dealership owned by the U.S. importer, Max Hoffman. It was bought by an unknown owner who kept the car until 1964, when it was sold to a New York City auto dealer. The car was stored in a Lime Rock, Connecticut, barn until it was discovered in 1989 by Porsche restorer Craig Stevenson. The vehicle was found complete, though partially disassembled. The car currently sports a 1500-cc engine. The panelwork is very straight, with good shut lines to the doors, engine lid, and front boot, while the attractive green finish exhibits care and quality of workmanship. Inside, contrasting green upholstery can be found on the folding front seats, as well as on the matching door trim and door pockets, while correct squareweave carpeting covers the remaining surfaces. The dash layout includes clear gauges and an original and rare Telefunken period radio. The engine compartment is as tidy as the rest of the car and has had just a 1952 Porsche 540 America Lot 1059, s/n 12362 Condition 2+ Sold at $703,500 B&B, Carmel Valley, CA, 8/19/2005 SCM# 39022 Sports Car Market 1952 Glöckler Porsche Lot 159, s/n 10447 Condition 2+ Sold at $616,000 RM, Phoenix, AZ, 1/18/2008 SCM# 51838 1954 Porsche 356 Speedster Lot 4587035799, s/n P33709 Condition 4 Sold at $66,456 eBay Motors, 2/1/2006 SCM# 40877 Photos: Russo and Steele

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nominal amount of running since it was overhauled in the past. With the attractive Reutter bodywork and a rare and correct color scheme, this at- tractive early interim-bumper 356 should appeal to both concours purists and driving enthusiasts alike. SCM Analysis This car sold for $110,000, including buyer's premium, at Russo and Steele's auction in Monterey, California, on August 14, 2009. This car is apparently fitted with the very-rare-at-the-time 1,500-cc engine, when most came with 1,100-cc to 1,300-cc units. I don't know if it's the actual engine from new, but I do know it's a correct 3xxxx 1500 case. As with all Porsche engines of the period, the company started with a two-piece VW case, and added their own pistons, barrels, heads, carbs, etc. (Between the writings of Jim Schrager and my occasional contributions, anyone who's read this magazine for a while surely knows the early Porsche family history by heart.) During 1951, the early four-digit chassis numbers morphed into five digits, and the first real year of any significant production began. Still relying heavily on outside suppliers like VW for mechanical components, and Reutter for body parts, Porsche was largely a visionary assembler at this time, but the company was ramping up quickly to become a force in sports car manufacturing. Engine and chassis improvements, brakes, and body and bumpers changes can almost be charted by chassis numbers. Porsche owners provided feedback Porsche owners were a very involved lot, and they provided the factory with a lot of feedback. Unlike American companies, which made yearly changes, Porsche made many mid-year modifications. Despite not having the security of a giant corporation, this quest for quality is a fundamental part of what made Porsche unique. Porsches were expensive compared to their U.S. and U.K. counterparts, and cus- tomers demanded the best. Because of the cost, most buyers were very well-to-do, and engineers and military personnel were frequent customers. The early shape is the most beautiful The early 356s are an acquired taste, but they have a strong and rabid following. Because of its VW heritage, this car will drive a lot like an old Beetle, but a little faster, with better braking and handling, due to a lower center of gravity. As a lifelong 356 anorak, I think the early split-window shape is the purest and most beautiful of all. Those early coupes had the lowest coefficient of drag of any 356 ever built. As time went on, differences in headlight and bumper heights and other ancillaries made obtaining those cd numbers impossible. In the photos, the car looks very well presented, with nice detail, good gaps, and a very attractive dark green exterior, with a nicely contrasting green interior. I may have dodged a bullet by not being there, as I'm a sucker for green cars, and as I said, I love split-windows. With the combination of such a rare car in such good condition, I'd call it well bought. ♦ (Introductory description courtesy Russo & Steele.) Phillip Schudmak, Melbourne, AUS: I've owned and restored two 1951 Porsche 356s—a maroon coupe dated April 11, 1951, chassis #5599, engine P1040, and a fish-silver gray cabriolet dated July 13, 1951, chassis #10110, engine P20285. I bought the coupe as a restoration project in California in early 1991. The body was “finished” and rust-free, but was found to be full of “bog” on arrival in Australia and had to be taken back to bare metal. However, the car was original and largely complete, including instruments, and Tom Birch in California was able to supply the few bits of trim that were missing. I understand that the 74,000 miles showing were genuine. This car was one of the last of the “four-digit” chassis-numbered cars before a number of changes were introduced by the factory later that April. For example, #5599 had 16-inch wheels, lever shock absorbers, fixed rear quarter windows, a “crash” gearbox, and several unusual features in the bodywork. I spent three years restoring the car and it won the Norman Hamilton Trophy for the best of show at the Porsche 356 Parade in Melbourne. I didn't drive it very often, but it got several good outings each year until I sold it to Germany in 2001. The cabriolet is historically more interesting, being the first right-hand-drive car from the Porsche factory. It was imported to Australia by Mr. Norman Hamilton, who went on to establish one of the earliest Porsche dealerships outside of Europe. It arrived in Melbourne in September 1951 with its sister car, a maroon coupe, #10770 (build date July 12, 1951). Both cars had a very active life for many years, until falling by the wayside. I bought the car in 1990, again as a restoration project, and it required major work. The body was complete, but in poor condition, and many items of trim were missing. Tom Birch was again very helpful in locating parts, and the two of us set up the “Split Windscreen 356 Register,” which was quite active for a few years. I made two trips to Stuttgart and was fortunate enough to do a good deal of research in the factory archives, which are still the basis of much of the data for these early cars. I finished the restoration in 1995, and I use the car for local shows and rallies. It's not a daily driver, though; the differences in driving, handling, and performance between the 1951 cars and 356s of only a few years later are quite surprising. The 500 x 16 tires alone are responsible for some very challenging handling characteristics! Nevertheless, it's an interesting car to drive, and illustrates just how far the marque has come in 60 years. November 2009 41 Seat Time

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American Profile 1965 Shelby Cobra Daytona Coupe Cobras look good, they have enormous performance, despite their antiquated chassis, and most importantly, they were winners by Miles Collier Details Years produced: 1964–65 Number produced: 8 Original list price: n/a (factory team cars) SCM Valuation: $6,000,000–$8,000,000 Tune-up cost: $500, including adjusting valves and dual carburetors Distributor caps: $15 Chassis #:Tag riveted to passenger footbox; stamped on right front frame rail near upper control arm Engine #: Casting number and date code on lower front Club: Shelby American Automobile Club PO Box 788 Sharon, CT 06069 More: www.saac.com Alternatives 1963–65 Ferrari 250 GTO, 1963 Chevrolet Corvette Grand Sport, 1955–57 Mercedes-Benz 300SL Gullwing SCM Investment Grade: A Comps Chassis number: CSX2601 I n 1963, Shelby's new Cobra had established its supremacy on the short road courses of America, but Shelby and Ford shared a more ambitious goal—to beat Ferrari to the Federation Internationale de l'Automobile (FIA) World Manufacturer's Championship for GT cars. After victories at Le Mans and Goodwood, Shelby narrowly missed the 1964 championship, vowing to return next year. In February 1965, Shelby entered four coupes at Daytona, among them CSX2601, which retired with a blown engine after eight hours. Another Cobra won the GT class and CSX2601 had its revenge at Monza, finishing 8th overall and 1st in GT. A 2nd and 1st in GT followed at Spa in Belgium and the German Nürburgring, leading up to the 12 Heures du Reims in France. There, Bob Bondurant drove CX2601 across the finish line to secure the FIA championship. After a 1st in GT in Sicily, CSX2601 was retired, shipped back to Hollywood to appear in “Redline 7000,” then bought by Bondurant, who kept it until 1969. SCM Analysis This car sold for $7,685,000, including buyer's premium, at the Mecum auction in Monterey, California, on August 15, 2009. Arguably, this was one of the more interesting trans- actions of the week, being extensively discussed both before and after the result, and being used to bolster or demolish a panoply of theories about the state of the collector car market almost a year into the current financial meltdown and slack recovery. What we see is the result of a number of diverse 42 factors working through the market. Let's try to tease these different factors out individually and review their respective roles. First, let's go to the quality of the offering. The moral victory was clearly Shelby's As a class, Shelby American Cobra Daytonas are one of the few post-war series soaked in mystique and charisma. They look good, they have enormous performance, despite their antiquated chassis, and most importantly, they were winners. Only political jiggerypokery by Ferrari, that ace political in-fighter, allowed Ferrari's GTOs to win the 1964 GT Championship, though the moral victory was clearly Shelby's. In 1965, the Cobras comprehensively dominated, and in contrast to Cunninghams and Corvette Grand Sports, the appreciation of these American icons translates overseas into worldwide demand. Indeed, two Daytonas now reside outside our shores. Of the short list of equally great contemporary col- lectible cars, the Ferrari GTO series (39 made), and the Ford GT40s (102 made) are “dual use” competition cars, both roadable, if only barely, and raceable. Such cars have historically commanded the highest values. Of the eight Daytona coupes (one built by AC— A98—and one by Willment Racing—CSX2131), the most important are the six Shelby cars. Our subject car, CSX2601, is one of the most successful and most desirable of the six Shelby coupes, having achieved four GT class victories. Depending on your taste, the top trio are considered to be CSX2601, CSX2299, another four-win 1963 Shelby Cobra Comp Team Car Lot 152, s/n CSX 2011 Condition 4+ Sold at $1,732,500 RM, Phoenix, AZ, 1/18/2008 SCM# 48642 Sports Car Market 1966 Shelby Cobra 427 Comp Lot F246, s/n CSX3020 Condition 2 Sold at $1,060,000 Mecum, Indianapolis, IN, 5/13/2009 SCM# 12060 1966 Shelby Cobra 427 S/C Lot F248.1, s/n CSX 3034 Condition 2 Sold at $1,234,900 Mecum, Indianapolis, IN, 5/13/2009 SCM# 120611 Photos: Mecum Auctions

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car and the 1964 Le Mans GT class winner, or CSX2287, the first of the series, the only car built in Shelby's own shops, and the only car in original condition. You pays your money and takes your choice. At this point in the market cycle, it's challenging to assess true values given the role psychology plays in such volatile times. Given the pending uncertainty in tax and business rules caused by the new administration in Washington, coupled with potentially adverse long-term inflation trends, the collector car market is polarized, with those who view cars as an alternate tangible investment buying, and those who view them as indulgences sitting pat or selling to raise cash. In either instance, only the best cars are finding homes. Make no mistake, CSX2601 is one of the best. The massive negativity of the first quarter of 2009 substantially hurt collector sales, though those fearing future inflation would have seen opportunity. And so that was the case here; the car received only a $6.8 million bid at Mecum's Indianapolis auction in May. A terrific PR machine By the time of the Monterey auction, the car had been promoted for the better part of a year with the unstated implication that it would sell for a record sum. In fact, in an August 18 article in the Springfield, Ohio, News-Sun, one of the four investors who owned the car, Danny Mershon of Mershon's World of Cars, was quoted as saying, “We didn't make as much as we should have, but it was still a profitable deal.” In an earlier article, Mershon told the News-Sun he and his partners were hoping to set a record between $10 million and $15 million. There is some logic underlying this value assumption. After all, shouldn't a Daytona be worth $12 million, half the value of a Ferrari GTO, given its vastly fewer numbers, or twice a Corvette Grand Sport, given the latter's lack of serious competition use? But who wants to publicly pay a record amount for something, especially in bad times? With improving fundamentals, the owners decided to try again at Monterey and settled for the $7.7 million sale. In the end, this deal boiled down to the buyer deciding that, despite the market's negative $6.8 million high bid message in May, he would buy this significant car. Would the car have done better if sold fresh to the market by a long-term owner? I would say almost certainly. Did excessive exposure damage the value of this important car? I would say demonstrably; witness the Auto Union D-type that failed to sell at Bonhams & Butterfields the night before. Therefore does this number under-represent the value of Daytona Cobra team cars? Not on that night, and not in the near future. But in time, the mythic image of an oil-stained and battered Daytona, nose dipping under hard braking as the driver pounds down through the gears amid the wheat fields of France, will again prevail to the current buyer's benefit. Fairly bought. ♦ (Introductory description courtesy of Mecum.) November 2009 43

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Race Car Profile 1949 Talbot-Lago T26 Grand Prix What this is about is the pre-war Grand Prix experience in an attainable, moderately bomb-proof and reliable package by Thor Thorson Details Years produced: 1948–51 Number produced: 20 Original list price: Unknown SCM Valuation: $600,000–$850,000 Cost per hour to race: $500 Distributor cap: $250 Chassis #: Plaque on firewall Engine #: Left side of block under rocker cover Club: Vintage Sports Car Club of America c/o Tony Carroll 170 Wetherhill Rd. Garden City, NY 11530 More: www.vscca.org Alternatives: 1933–35 Maserati 8CM, 1948–50 Maserati 4CLT, 1952–54 Allard J2 Comps Chassis number: 110006 Engine number: 45109 T he Talbot-Lago took its double barreled name from an ex-military major who in France was known as Antoine, in England as Tony, but in his native Venice, Italy, had been christened Antonio Lago. Major Tony Lago had spent most of his professional life in the motor industry. In the 1920s he had produced “LAP” overhead valve conversions in London. He then moved on to the Wilson Self-Changing Gear Company, which manufactured semi-automatic preselector gearboxes, before becoming an executive of the Franco-British Sunbeam-Talbot-Darraq (S-T-D) combine. When this very large and diverse motor manufacturing group collapsed in the post-depression aftermath of 1935, it was Major Lago who organized funding to set up SA Automobiles Talbot in the extensive old S-T-D factories. He was a keen proponent of racing to promote Talbot's up-market cars. With the company's long-serving ex-Fiat engineer Walter Becchia, he directed design of a 4-liter, 6-cylinder overhead-valve sports car, which in 1937 won the French, Tunis, and Marseilles Grand Prix races and which also dominated the British RAC Tourist Trophy at Donington Park. Immensely encouraged by such success, Major Lago then launched a two-pronged attack upon Grand Prix racing, briefing engineer Becchia to design both a supercharged 3-liter, V16 racing engine and to develop an alternative unsupercharged 4.5-liter power unit from the company's now-proven highperformance sports car line. Although the ambitious and undoubtedly hugely costly V16 program would wither on the vine, for 1939 he authorized construction of three entirely new single-seat Grand Prix cars using the 4.5-liter, 6-cylinder engines. 44 These cars made their debuts during 1939, and after WWII they reappeared, one winning four times in 1947. This much-publicized success immediately prompted the ever-enthusiastic Major Lago to authorize production of no fewer than 20 Formula One Talbot-Lago T26Cs for customer sale. Power was provided by further developed twin-camshaft versions of the now-well proven, powerful, and above all reliable 6-cylinder engine. SCM Analysis This car sold for $557,000, including buyer's premium, at the Bonhams & Butterfields Quail Lodge auction in Carmel Valley, California, on August 14, 2009. I recall a wonderful old line that a 1960s Rolls-Royce was the ultimate example of what spare-no-expense engineering and exquisite workmanship could do to a 1938 Packard. In many ways, the Talbot-Lago GP car is a similar story. Even in its glory days it was an antique, a spectacular representation of a completely outdated concept. Allow me to elaborate. In the 1920s, there was no single organized cham- pionship in racing; a country or venue would stage its “Grand Prize” (Grand Prix) event and set its own rules for what was eligible. If you won that race you had won it, but little more. In 1931, the predecessor to our FIA (called AIACR—don't ask) organized a points system leading to the “European Driver's Championship” and standardized the eligibility rules. The first few years were formula libre, but in 1934, what was called the “750 kg Formula” was established. This formula basically said that you had to weigh 1,650 lb (750 kg) and have wheels on four corners, but little more. 1950 Talbot-Lago T26 Grand Prix Lot 125, s/n 110051 Condition 2- Sold at $1,408,320 Christie's, Le Mans, FRA, 7/8/2006 SCM# 42368 1951 Talbot-Lago T26 Barquette Lot 343, s/n 110056 Condition 2- Sold at $1,743,938 Christie's, Paris, FRA, 2/16/2007 SCM# 44308 1948 Talbot-Lago T26C Grand Prix Lot 107, s/n 100004 Condition 2 Sold at $594,000 RM, Phoenix, AZ, 1/23/2004 SCM# 32456 Sports Car Market Photos: Bonhams & Butterfields

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Only the Germans had a chance The Third Reich quickly saw the opportunity to show its dominance and spawned what we know now as the “Titan Cars” of the mid-1930s—the Mercedes W125 and Auto Unions—which have become the icons of that era. They were intimidating cars with enormous supercharged engines and huge wheels surrounding large cigar-shaped bodies, with a driver almost lost inside. Mercedes managed to generate over 600 hp, a stupefying amount in those days. Nobody other than the statesupported German teams had a serious chance, and it was a terribly dangerous sport. Faced with this reality, the AIACR changed the rules for 1938 to limit engine size to 3 liters supercharged or 4.5 liters normally aspirated. The Germans responded with the Mercedes W154 and the Auto Union D-type, fundamentally the same cars as before, but with more sophistication and 3-liter engines making almost as much power. Though Alfa Romeo and Maserati made some attempts to compete, the “big-bore” championship was more or less ceded to the Germans and became a show as much as a race. We all know how the war turned out, but we sometimes forget that while industrial England and Germany were effectively destroyed in the fight, France and Italy suffered far less catastrophic damage to their manufacturing bases. As a result, when the war was over and thoughts turned gently back to auto racing, the French and Italians were in a position to do something about it. Competition just after WWII was minimal There were no resources for innovation, though; they all went back to building what they had before the war. The Italians built Voiturettes (Alfa's Type 158 Alfetta, Maserati's 4CLT) and Talbot-Lago built their Titan clone, the T26C. If you wanted to race in the early post-war years, those were your options, other than finding a pre-war car to run. The competition in those years was, to be charitable, minimal; just showing up and finishing often guaranteed a good result, even in the big races. As the only big-bore cars in the field, this was Talbot-Lago's glory time, and for a few years they were the cars to beat. They were still a heavy, clumsy, pre-war concept that depended on horsepower and endurance, though, and as soon as the light, quick competition started to get its act together, the T26Cs were relegated to also-ran status. So what are we to take from this 60 years down the line? As a piece of mobile sculpture, the Talbots are fabulous. As a romantic, nostalgic daydream, they're great. As an evocation of history and past greatness, they're wonderful. As a driving experience, they're, well, they're an experience not easily forgotten. First, get in. You sit way down inside a cavern, with your feet higher than your bottom, your knees straddling the transmission, the huge (7:00x19) rear tires inches away from your shoulders, the steering wheel looming large and high in front of you. Start it up and don't forget the earplugs—this thing thunders! Somehow it's more than noise; it's a rumbling that shakes your entire body and soul, threatening unbridled power and frightening performance. Now, take a deep breath, put it in gear, drop the hammer, and, and… well, it's just not that fast. This thing weighs 2,100 lb, has 260 hp at 4,500 rpm, and has tires your old Ford 4x4 would be embarrassed to use. It accelerates pretty well in a straight line, but with four huge rubber gyroscopes on the corners, it really doesn't want to change direction easily or stop in a hurry. By later expectations, it drives like a truck; a decently prepared Lotus Eleven will drive circles around it on anything but the fastest tracks. Absolute performance isn't the point here, though. What this is about is the pre-war Grand Prix experience in an attainable, moderately bomb-proof and reliable package. If the engine has been properly built and isn't abused, it will last forever; the Wilson pre-select gearbox was originally built for London buses, for heaven's sake; you think this can hurt it? There's nothing on this car that can be described as delicate (or probably even subtle), but its attraction is undeniable. It's not really a '30s Grand Prix bolide, but it's bloody close, and it is something ordinary mortals can own and drive. That counts for a lot. T26Cs have generally traded in the $600k–$850k range in recent years, a fraction of what a “real” 1930s GP racer would cost. This car sold for less than I would have expected for such an apparently well-restored example, but auctioning cars like this is always a gamble. Unless the price reflected something I don't know of, this time I'd say the buyer prevailed. Well bought. ♦ (Introductory description courtesy of Bonhams & Butterfields.) November 2009 45

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MONTEREY RECAP FIRST-TIMER Kodak Moments at Monterey I'd never been to Monterey; this year, I just kept my hand up until I was picked by Jennifer Davis-Shockley Grooooovy stuff at Concours d'LeMons Ferrari upon Ferrari at the Quail I Just one of the racing Bentleys at Pebble Beach first came to SCM in 2006 as an intern while pursuing my Masters in Publishing/ Writing at Portland State University. Over the past three years, I've had a variety of responsibilities and now am Operations Manager, which is a euphemistic way of saying “Chief Gerbil Herder Who Fixes the Coffee Machine, Makes Sure the SCM Shirts are Ordered, Gets the Renewal Notices Out on Time, and Finds Out Why the A/C in the Offices Only Works on the Cold Days.” But during all this time, I had never gone on the annual SCM safari to Monterey. This year, when we were deciding who would go, I simply moved to the front of the line and kept my hand up until they realized they weren't going without me. My reward was the twelve-hour drive down in the SCM Suburban, along with Advertising Sales experts Cody Wilson and Ted Alfano, and our Auction Editor (and former auto mechanic—always good to have one of those along) Jim Pickering. The drive was uneventful, aside from the Suburban being at probably twice its recommended Gross Vehicle Weight (next year we'll tow a trailer), and late Tuesday night we pulled up to the house I had rented for SCM for the week. From the wacky house we stayed in (I had a leopard-print, high-heel shoe-shaped chair in my room), to the $4.89/gallon gas in Pebble Beach, my first time in Monterey was full of sights, smells, and lasting impressions. The streets of Carmel and Monterey were jam-packed with Ferraris, Porsches, and Lamborghinis, along with gawking pedestrians, making it impossible to park anywhere in the downtown area. (And even if you could find a place, who wants to risk backing your trailer hitch into the nose of a Lusso?) Even a Papal dispensation wouldn't get you a parking place at Pebble Beach, unless you were staying at the Lodge. At the Concours d'LeMons, bribing the judges was actually encouraged. Gifts ranged from beer and liquor to a scantily clad woman in a bikini washing the “Shag Van.” The Disco Pinto couldn't be looked at in direct sunlight without risking blindness from the reflections from thousands of mirrors. Hand-delivering the SCM Fright Pigs to the deserving awardees was fun. I worked the SCM booth at the Quail, and I ate more good food and saw more expensive cars than I knew existed. Across town, Keith's daughter Alex, his wife Wendie, and her employee Andrea Allen were at Concorso. I had heard horror stories about last year's Concorso, concerning airports and cars on concrete, and was more 46 than pleasantly surprised to see the pictures the SCM staff brought back, and to hear the stories they had to tell. So many cool Italian cars, and on a beautiful golf course. They reported everyone to be in terrific spirits, and having Jay Leno show up in his blue work shirt to give Lamborghini legend Valentino Balboni a special gift really capped the day for them. It will be a don'tmiss for me next year. The smell of ancient gasoline woke me up more than the free coffee and dounut provided for the Dawn Patrol at Pebble Beach, although the special blue hat I got was definitely worth the grief of getting up at four in the morning. I loved that each auction company had its own style. At Russo and Steele, I was surprised to find a circus taking place in the second-floor ballroom of the Marriott. Gooding & Co. had a baroque chandelier in their entry tent; RM won the “serious cool stuff in the entry hall” competition, and their ballroom was packed with people from beginning to end for three days. Bedtime was too late and mornings were too early. But getting up early had its advantages, like being first (of six) in line for one of the two showers. There were no scheduled meal times; I ate on the go or not at all. By the time the day wound down I realized my stomach was growling sentimentally about breakfast. That's one way to diet. Monterey was a fabulous week as I drooled over cars I never thought I'd ever see (like four Veyrons). Next year I'll find a less eclectic house for us to stay in, bring a low-light camera lens, and remember to be grateful for two hours of sleep—two hours is better than none. ♦ Sports Car Market

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MONTEREY RECAP CARMEL CONCOURS Come One, Come All What's amazing is the cars people drive on the street during Monterey week. Many of them would be stars at shows elsewhere by Donald Osborne C armel-By-The- Sea Concours On The Avenue. The name is a mouthful, but the threeyear-old show is now firmly established in the maelstrom of Monterey week. The brainchild of SCMer Doug Freedman and his wife Genie, and produced by their Motor Club Events, LLC, it has captured the attention of collectors as well as the general public. Anyone who has been fortunate enough to attend the festivities on the peninsula will agree that while the high-entry-price concours, races, and auctions have wonderful cars and motorcycles on view, what is perhaps more amazing are the cars people drive on the street during the week, many of which would be stars at shows elsewhere. What Freedman set out to do was to “grab the best of those cars Seeing red on Ocean Avenue parked on the side of the road, at restaurants, gas stations, and in lots—some of the ‘under-served marques' that don't have a place anywhere here.” It's a wide range on first view—from a superbly restored Nash-Healey LeMans coupe to a spectacular early VW Karmann-Ghia cabriolet. These are great restorations done for love alone; certainly not worth the investment but wonderful to see. The commitment to a high level of quality and preparation across the board is clearly evident. From a single day in 2007, the show grew to two days last year. This year's event returned to a single day format but expanded the site to take up 18 blocks in the center of Carmel. Ocean Avenue was occupied by show cars, with a number on side streets and in Devendorf Park at the top of the avenue. According to Carmel Police, the crowd that came to see the almost 200 vehicles on display was almost three times the number in 2008. Entrants competed in 14 classes of multi-marque displays, in addition to separate classes for Porsche and Ferrari up to 1989. Fifteen special awards, as well as Best in Show, rewarded the best of the large field. The show has caught on with entrants who appreciate the good organization and friendly, gracious attitude of the organizers, as well as the opportunity to interact with an enthusiastic crowd of spectators. The business community has also seemed to embrace the show, after a somewhat rocky start. The Carmel-By-The-Sea Concours On The Avenue also has to deal with the same challenge facing every event in this super-heated atmosphere—managing crowds. This free-to-the-public event can't limit the number of tickets, as there are none. It doesn't even advertise, yet the word of mouth grows stronger. The show has the commitment of the town government, but it will have to monitor growth to keep its balance between inclusive and exclusive. ♦ Plan ahead: August 10, 2010 Where: Carmel-by-the-Sea, CA Cost: Open to the public More: www.motorclubevents.com 48 SCMers at the Carmel-By-The-Sea Concours Jeff Abramson—Alamo, CA 1970 Maserati Ghibli Sypder John Audette—Bend, OR 1967 Porsche 911, 1st in Class Scott Boses & Celesta Pappas-Boses—Los Angeles, CA 1965 Ford F150 Hackney Ice Cream Truck, 3rd in Class; Ocean Avenue Motor Club Award 1951 Muntz Jet Convertible 1959 Porsche 356A Convertible D, 3rd in Class William Brooks—Santa Cruz, CA 1970 Mercedes-Benz 280SE Cabriolet Robert & Sally Byng—Cayucos, CA 1969 AMC AMX Ron Carr—San Diego, CA 1963 Chevrolet Corvette Ray Crawford—Corona Del Mar, CA 1972 Porsche 911S Targa 1970 Porsche 911S, 2nd in Class Joseph Demeo—Santa Monica, CA 1986 Porsche 911 Turbo, 2nd in Class Evelyn Fasnacht—Houston, TX 1949 Crosley Hotshot Bill & Linda Feldhorn—Malibu, CA 1973 Ferrari 365 GTB/4, 3rd in Class Harry Garschagen—Carmel, CA 1961 Maserati 3500 GT, 1st in Class; Continental Cup Dennis & Pamela Glavis—Valencia, CA 1963 Morgan Plus 4 Super Sports Richard & Carolyn Gray—Carmel Valley, CA 1971 Maserati Ghibli, 3rd in Class Steven Harris—New York, NY 1949 Jaguar XK 120 OTS, 1st in Class 1967 Porsche 911S, 2nd in Class Rick Hartbrodt—Monterey, CA 1955 Porsche 356 Continental Coupe James Hill—Menlo Park, CA 1965 Innocenti Spyder S John & Deborah Hunt—Santa Monica, CA 1953 Nash-Healey Le Mans Van Kasper—San Francisco, CA 1973 Porsche 911S Targa 1964 Porsche 356C Cabriolet Myles Kitchen—Aptos, CA 1995 Ferrari F355 GTS William & Alisa Kling—Malibu, CA 1968 Ferrari 330 GTC, 1st in Class Leon Kreger—Pebble Beach, CA 1970 Porsche 911S Robert M. Lee—Sparks, NV 1960 Chrysler 300F Convertible, 2nd in Class Roland LeVeque—Westlake Village, CA 1971 Ferrari 365 GTB/4 Dennis LeVett—Carmel-by-the-Sea, CA 1966 ASA 1000 Spyder 1947 Fiat 500 Mike & Barbara Malamut—Thousand Oaks, CA 1957 Fiat 600 Multipla, 1st in Class 1958 Fiat Abarth Allemano Spyder, 2nd in Class 1964 Amphicar 770 1964 Porsche 356C, 2nd in Class Allan McCrary—Vacaville, CA 1971 Porsche 911T, 3rd in Class Bruce Miller—Alamo, CA 1958 Lotus Eleven Le Mans, British Cup David Mohlman—Carmel, CA 1957 Mercedes-Benz 300SL Roadster, 3rd in Class 1956 Porsche 356A European Coupe, 3rd in Class Tim Montgomery—Burlingame, CA 1964 Aston Martin DB5 Donald Orosco—Monterey, CA 1932 Ford 3-window “Lloyd Bakan” Coupe, 1st in Class Denny Paul—Carmel, CA 1964 Austin-Healey 3000 Mk III, 3rd in Class Rich Peters—San Mateo, CA 1959 Porsche 356A, 1st in Class; Porsche Cup Rick Principe—Westlake Village, CA 1966 Ferrari 275 GTS Thomas & Darlene Quigg—Sausalito, CA 1998 Ferrari F355 Spider Troy Raynor—Morro Bay, CA 1973 Ferrari 365 GTB/4A, 2nd in Class Roy & Barbara Riccetti—Gilroy, CA 1983 Ferrari 308 GTS QV, 3rd in Class Mark Sange—Bolinas, CA 1948 Kurtis Midget Phil & Linda Scheinberg—Carmel Valley, CA 1963 Porsche 356B 1964 Volkswagen Beetle Convertible Paul Schwartz—Orinda, CA 1963 Ferrari 250 GTL Lusso, 2nd in Class; Ferrari Cup Del Sessions—San Jose, CA 1965 Porsche 356C Jon & Mary Shirley—Medina, WA 1957 Ferrari 250 Testa Rossa, 1st in Class; Best of Show Jeffrey Stout—Manhattan Beach, CA 1966 Shelby GT350, 1st in Class 1966 Meyers Manx Barry Taylor—Westlake Village, CA 1957 Fiat Abarth Sestrierie Steven Thayer—Vancouver, WA 1984 Porsche 911 Rodolfo Villalobos—Mexico City, MEX 1975 Porsche 911 Carrera Gary Wasserman—Carmel Valley, CA 1969 BMW R60/2, 1st in Class Mark Weatherup—New York, NY 1962 Porsche 356B Cabriolet John White—Sacramento, CA 1950 Austin A40 Countryman David Word—San Francisco, CA 1957 AC Ace Chuck Wray—Sterling, VA 1969 DeTomaso Mangusta, 2nd in Class Greg Young—Santa Barbara, CA 1963 Chevrolet Corvette Sports Car Market

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MONTEREY RECAP CONCORSO ITALIANO Concorso Goes Green, Again The new venue—Laguna Seca Golf Ranch—seems a natural fit for the rejuvenated and improved Concorso Italiano by Stefan Lombard 288 GTOs, 15 in all I didn't make it to Concorso Italiano last year, but according to Executive Editor Paul Duchene, the Marina Airport, a windy and hot stretch of tarmac in the morning, and a cold and misty parking lot in the afternoon, was no place for “a Ferrari, a blanket, a bottle of wine and thou.” It was therefore no small challenge that faced the new owner of Concorso Italiano, Tom McDowell, when he purchased the event early this year. In the short time available, he worked tirelessly with his staff and volunteers to return the 24th annual Concorso to where it belonged, a fairway. There was a lot riding on this year; frankly, if the event had been as dismal as it was at the airport, this might have well been the last Concorso ever. But what McDowell and company delivered was, by all accounts, a smashing success. The new venue— Laguna Seca Golf Ranch—seems a natural fit for the rejuvenated and improved Concorso Italiano, with plenty of room for the cars, vendors, special exhibits, and room for the many thousands of attendees to cruise the cars and the vendors beneath the Monterey sun. McDowell pulled out all the stops too, bringing together the three fantastic Alfa B.A.T. cars of the Blackhawk collection, as well as the largest gathering of Ferrari's 288 GTO—15 in all—to celebrate the car's 25th anniversary. The event also recognized the 50th anniversary of DeTomaso, and noted Pantera designer Tom Tjaarda was on hand to share in the festivities. SCM added to the festivities by inaugurating a “Best of Tipo” specifically for the best Tipo 750, 101, 105, 50 Balboni and Leno 115, and 116 Alfas entered. The judges were SCM's own “Legal Files” author John Draneas and longtime SCMer and Alfa Supremo Craig Morningstar. In addition, SCM presented signed copies of Keith Martin on Collecting Alfa Romeo to the first 100 Alfa owners who registered for the event. The highlight of the day for me was the dual awards presentation on stage to both retired Lamborghini test driver Valentino Balboni and to TV-host-by-night and gearhead-by-day Jay Leno. Emcee Publisher Martin and Leno presented Balboni with an engraved Tourneau timepiece. Then McDowell presented Leno with the La Bella Macchina award, which represented Leno's induction into Concorso's own Hall of Fame, where those who have made outstanding contributions to the hobby are honored. In his acceptance, Leno related the tale of his own boyhood introduction to cars (a friendly neighbor with an XK 120), followed the touching story of a boy who'd told all his friends that Leno was his uncle, then wrote him a letter asking if he would “pretend to be my uncle and drop me off at school some day.” Jay Leno is a good guy, and he did just that. Running his hand through his salt and pepper hair, he said to the crowd, “Look around you. Most of the hair in this hobby is this color. We need to share these wonderful cars with young people. So if someone asks you to pretend to be their uncle and pick them up from school in one of your cool cars, do it!” When all was said and done, Martin Loge took home Best of Show with his dark blue 1969 Maserati Mexico. Perhaps even more impressive, however, was the 1980 Fiat X1/9 of Bryce Alvarez, who has driven his sharp little car deep into Volvo 240 territory at 388,000 miles. I later walked by a Ferrari F40 with its engine cover opened up, and as I stood there marveling at all that gorgeous mechanical engineering, I tried to imagine how much it might cost to get an F40 to that kind of mileage. It was great to be on the links with Plan ahead: August 13, 2010 Where: Laguna Seca Golf Ranch, Monterey, CA Cost: $100 More: www.concorso.com Concorso Italiano again, which seems to have found a place to call home for a long time, and I predict that next year's silver anniversary event will be the place to be on Friday. ♦ Sports Car Market

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SCMers at Concorso Italiano Douglas Agnew—Los Gatos, CA Ferrari Mondial 8 Marc & Betty Andreini—San Mateo, CA Ferrari 550 Maranello Jonathan G. Ash—Bend, OR Intermeccanica Italia Convertible Kirk Axtell—Phoenix, AZ Ferrari 512 BBi Doug Baldridge—Portland, OR Lancia Appia Vignale Donald Barniske—Brawley, CA Cadillac Allante Brad Baum—Escondido, CA Alfa Romeo Giulietta Norman Bei—Soquel, CA Ferrari F40 Pierre Beniston—San Francisco, CA Fiat 124 Sport Spider Blackhawk Collection—Danville, CA Alfa Romeo B.A.T. 5 Alfa Romeo B.A.T. 7 Alfa Romeo B.A.T. 9 Tony Blevins—Half Moon Bay, CA DeTomaso Pantera GTS C.J. Bonura—Pasadena, CA Lamborghini Espada W. Scott Brown—Newport Beach, CA Ferrari F430 David Buchanan—Palo Alto, CA Alfa Romeo 750 Spider John A. Buchok—Sierra Madre, CA Alfa Romeo Spider Veloce Jorge Bujazan—San Diego, CA Lamborghini 400 GT 2+2 Ken Butler—Central Point, OR Alfa Romeo Giulietta Spider Anthony Cantafio—Vancouver, WA Lamborghini Superleggera Redgee Capili—Morgan Hill, CA Ferrari 456 M Tate Casey—Costa Mesa, CA Ferrari 365 GTC/4 Fabio Comes—Rancho Cucamonga, CA Fiat 500, 3rd in Class Charles Conklin—Novato, CA Alfa Romeo Sprint Veloce Dane & Rochelle Conklin—San Carlos, CA Ferrari Dino 308 GT4 Edward DeMayo—San Rafael, CA Alfa Romeo Giulietta Spider Alfa Romeo GT Joseph Demeo—Santa Monica, CA Austin-Healey 100-4 Coupe John Draneas—Lake Oswego, OR Alfa Romeo Giulietta Spider Rod Dykhouse—Templeton, CA Ferrari 355 Darrell Edwards—Monterey, CA DeTomaso Mangusta Mory Ejabat—San Francisco, CA Ferrari 288 GTO George A. Finley—Corpus Christi, TX Apollo 3500 Spyder Apollo GT 5000 Coupe DeTomaso Pantera Ferrari 308 GTB Jack & Carole Freethy—Lafayette, CA Iso Rivolta Lele Sal & Louise Garcia—San Francisco, CA Ferrari 308 GTS Quattrovalvole Maserati 228 James Gianopulos—Los Angeles, CA Maserati Mistral Spyder, 2nd in Class Paolo Giordano—Redwood City, CA Alfa Romeo GTV John Goldman—San Francisco, CA Mondial 125 Bialbero Grand Prix, 1st in Class Bruce M. Gordon—Carmel, CA Cadillac Allante Susan Gratien—North Vancouver, BC, CAN Porsche 928 S4 Mike Green—Carmel, IN Ferrari 288 GTO Scott Grundsfor—Arroyo Grande, CA Ghia Gilda Streamline X John Hafkenschiel—Sacramento, CA Fiat X1/9 Paul Halford—Orakei, Aukland, NZL Ferrari 288 GTO Craig Hartman—Corte Madera, CA Alfa Romeo GTV 2000 Eric Hawley—Shaw Island, WA Alfa Romeo 8C Competizione Hoffman Hibbett—Monte Sereno, CA Ferrari 250 GTL Lusso Stephen & Diana Hill—Los Gatos, CA Ferrari 288 GTO James K. & Elaine Hill—Menlo Park, CA Innocenti Spyder S, Special Coachworks Award Michael Ingegno—San Leandro, CA Alfa Romeo Giulietta Sprint Speciale Robert L Jacobs—San Diego, CA Mercedes-Benz SLR John Jarve—Atherton, CA Ferrari 550 Maranello Ronald Koch—Mountain View, CA Ferrari Testarossa Dave & Susan Kubiak—Moraga, CA Lotus Elan S3 S/E Marvin Landon—Hidden Hills, CA Ferrari 430 Eric & Rena Lane—Atherton, CA Ferrari 355 F1 Spider Craig Lee—Holladay, UT Ferrari 456 M Marco Marini—San Mateo, CA Alfa Romeo Giulia Super Ferrari 355 Spider Lancia Delta Integrale Howard & Barbara Mednick—Honolulu, HI Ferrari F355 Spider Jeffrey Meier—Woodland Hills, CA Lamborghini Miura S Eric Meyer—San Luis Obispo, CA Rometsch Beeskow Michele Muller—San Mateo, CA Alfa Romeo Giulietta Sprint Joe Niederst—Ventura, CA Alfa Romeo GTV Robert Ochi—Granite Bay, CA Ferrari 328 GTS Larry O'Rourke III—Sherman Oaks, CA Ferrari 328 GTB Philip Paccione—Encinitas, CA Iso Rivolta Lele Denny & Dani Paul—Carmel, CA Apollo GT Coupe Philip Raskin—Oakland, CA Moto Guzzi V11 Sport Troy & Ruth Raynor—Morro Bay, CA Ferrari 365 GTB4/A Daytona Andy & Ann Reid—Lake Barrington, IL Alfa Romeo GTV 6 Don Rose—Salem, MA Ferrari 288 GTO Richard Rothman—Cherry Hills Village, CO Alfa Romeo Guilietta Spider Veloce Bryan & Susan Saba—Saratoga, CA Alfa Romeo Spider, 3rd in Class Eric Sands—Costa Mesa, CA Iso Rivolta GT, 3rd in Class Dale Seal—Fresno, CA Ferrari F430 Thomas Shaughnessy—Oceanside, CA Maserati 5000 GT Don L. Stockett—Folsom, CA Porsche C4S Cabriolet Martin Swig—San Rafael, CA Fiat 1100 Berlina Fiat 1100 Berlina Kenneth & Marie Thomas—Lakewood, CA Ferrari 250 GTE 2+2 Clay Timon—Saint Helena, CA Ferrari 575 Superamerica Paul Turek—Hillsborough, CA Maserati Ghibli R. Victor Varney—Palo Alto, CA BMW M5 Joseph Ventura—San Diego, CA Alfa Romeo Sprint Speciale Maserati Ghibli Steven Watson—San Francisco, CA Porsche 356A Mark Weatherup—New York, NY Porsche 356B Cabriolet Phil White—Atherton, CA Bizzarrini Coupe Barry Williams—Fountain Valley, CA Porsche 911 GT Ethan & Dea Wilson—Campbell, CA Ferrari 360 Modena Art Wright—Tarzana, CA Fiat 124 Sport Spider, 1st in Class Greg Young—Santa Barbara, CA Chevrolet Corvette Coupe Leslie Yuen—San Francisco, CA Alfa Romeo Duetto Demetri N Zafiris—Tarzana, CA Ferrari 355 F1 All three B.A.T. cars graced the fairway November 2009 51

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MONTEREY RECAP LA DOLCE VITA The Sweet Life La Dolce Vita was the place to be if your tolerance for crowds, traffic, parking hassles, and lines was exhausted by Friday. Everything was low-key by John Apen Maserati owners had plenty of room to stretch their tridents L ast year, Concorso Italiano seemed permanently banished to the tarmac wasteland of Marina Airport, but Maserati enthusiasts Kerry McMullen and Jerry Kaye felt strongly that an Italian car show should be held on grass. McMullen is President of MIE, a large Maserati parts supplier, and Kaye is cofounder of Le Belle Macchine d' Italia, held each year in the Poconos. The two contacted Blackhorse Golf Course, where Concorso had moved in 2003 after many years at Quail Lodge, and launched La Dolce Vita this August. “When we learned an Italian car event was no longer going to be held at this incredible site, we approached the owners,” said McMullen. Kaye said the two aimed to take the event back to its roots. All seemed like smooth sailing until early 2009, when Concorso was sold to a capable “car guy” who immediately moved the festival from the airport to Laguna Seca Golf Ranch. And from just one show in a huge parking lot, lucky Italian sports car enthusiasts suddenly had two to choose from, both on the grass. La Dolce Vita was the place to be if your tolerance for crowds, traffic, parking hassles, and lines was exhausted by Friday. Everything was low-key, and with no problems. Kaye estimated La Dolce saw about 1,500 attendees and more than 200 cars, many of them seldom-seen models. Admission was $70, one of the bargains of the Monterey weekend, and each adult could bring in one kid under 18 for free. Since the annual Maserati Days Celebration was part of La Dolce, many older Plan ahead: August 13, 2010 Where: Blackhorse Golf Course, Monterey, CA Cost: $70 More: www.montereybayconcours.com Maseratis showed up. Also there were over 40 Lamborghinis, including a 2010 LP 670 SV owned by Alex Munday from Everett, Washington, who took home the “Most Exotic” award. A Lancia display showcased models as early as the 1916 Lancia Theta driven by Jan Vorboril in the 2007 Peking to Paris Rally. Vorboril was there to sign a new book chronicling his adventures across China, Mongolia, and Europe. Best of Show was won by the 1929 Lancia Lambda of Neil Pering of Los Altos Hills, California The 75th anniversary of Citroën drew a strong gathering of Traction Avants. The “Most Advanced Production Engineering of its Era” award went to Mark Rodriguez of Foresthill, California, for his 1938 Traction Avant Convertible. What was missing was the Ferraris—they ended up at Concorso. Of course, the Maserati people liked their top billing, and a couple of guys who remembered the Quail Lodge Concorso when it was a purely a Maserati get-together 25 years ago said they liked the low-key La Dolce event. “We could have used another 2,000 or 3,000 attendees, but I think everybody had a good time,” said co-chairman Kaye. In all, it was a well-put-together event. However, I do have to wonder if having two all-Italian car events, on the same day, in the same geographic location, is an economically feasible situation moving forward. ♦ High-tech, high-power Lambo was Most Exotic 52 One of many Traction Avants on display Sports Car Market

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MONTEREY RECAP THE QUAIL Racing Legends Come Together A resurgent Concorso Italiano and new events like La Dolce Vita and Concours d'LeMons turn up the heat by Donald Osborne A nyone in Washington, D.C. looking for healthy spots in the economy should want to add The Quail, a Motorsports Gathering, to the list of leading economic indicators. Despite the reces- sion, it once again sold out its 3,000 tickets six months in advance. In the seven years it's been a fixture on the Monterey Peninsula, “The Quail” remains the hottest ticket of the weekend. The featured classes this year included a tribute to Hans-Joachim Stuck, the 30th Anniversary of the BMW Motorsports Division, the products of Bill Devin, and 50 Years of the Daytona International Speedway. The last offered a chance to see cars from the Daytona 24 Hours as well as the Daytona 500—a great example of the range at this show. I especially liked the display of Devin cars, which ran from 2-cylinder Panhard power to the Chevy V8 SS. All shared sleek bodies and imaginative styling worthy of any grand marque. Proving that Pebble Beach doesn't have a monopoly on product launches, Lamborghini chose The Quail to debut its latest—and first—two-wheel-drive model of the new era. The Gallardo Balboni LP550-2 was unveiled by recently retired legend Valentino Balboni, the factory test driver for whom it was named. Not far from the show field, Porsche set up a tent which some said could be seen from space to showcase the new Panamera, seen driving up and down the community's roads throughout the show. Best of Show in the entrant-judged field went to the spectacular 1937 Alfa Romeo 8C 2900C Touring Spyder of Robert Lee. Following the example of the Golden Globes in predicting an Academy Award prize, Lee went on to win the top prize at Pebble Beach on Sunday with another of his pre-war cars, a 1937 Horch 853 Voll & Ruhrbeck Sport Cabriolet. Some have begun to question whether it's worth the $400 ticket, even for close-in parking, “complimentary” food and drink, and the limiting factor of The Quail's competition theme. However, I think it remains a must-do, as the organizers do a superb job of defining “motorsports” to include not only out-and-out racers, but Demure to demonic, the cars of Devin the sports, GT, and sometimes sedans that made history on the tracks and streets of the world. An example could be seen in SCMer Leslie Dreist-Joseph's wonderful period 1939 Ford convertible custom, which was parked next to Lee's Alfa in the “Pre-War Sports & Racing” class. There is serious competition for The Quail from a reborn Concorso Italiano, as well as newcomer La Dolce Vita, as all are vying for the hearts, souls, bodies, and espresso addictions of over-scheduled gearheads on the Friday of the week. And it's important for this event to work hard to justify the high admission price in the face of newer arrivals such as the Carmel-By-The-Sea Concours On The Avenue and Concours d'LeMons, which, along with the Pebble Beach Tour d'Elegance, offer free to cheap thrills for the multitudes. But with a tweaking of the food service Plan ahead: August 13, 2010 Where: Quail Lodge, Carmel Valley, CA Cost: $400 More: www.quaillodgeevents.com arrangements to decentralize crowding and the addition of more seating, The Quail can rely on its stunning assortment of vehicles and shuttle-free access to provide a respite in an increasingly stressful Monterey week. ♦ Daytona Speedway displays its range 54 Robert Lee's Alfa 8C, Best of Show Sports Car Market

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SCMers at The Quail Michael & Shelia Alessandro— Rancho Santa Fe, CA 1967 Ferrari 275 GTB/4 Robert Ames—Portland, OR 1953 Ferrari Motorcycle Anatoly Arutunoff—Tulsa, OK 1960 MG A Body Built “Savoy” Stanley Bauer—Beverly Hills, CA 1955 Austin-Healey 100S Mike Baum—Laguna Beach, CA 1969 Porsche 911S Soft-Window Targa Bob & Jean Bennett—Los Angeles, CA 1952 Allard K2 Mark & Newie Brinker—Houston, TX 1954 Devin Panhard 1958 Devin SS Jeff & David Brynan—Beverly Hills, CA 1957 Porsche 356A Speedster James Buese—Pasadena, CA 1967 Ferrari 330 GTS William Cash—Palos Verdes Estates, CA 1952 BMW R51/3 1964 BMW R69S Cavallino Inc.—Boca Raton, FL 1964 250 GTO Series II, 1st in Class Alan Chalk—Westlake Village, CA 1976 MV Agusta 850 Sport America William E. (Chip) Connor—HGK 1989 Porsche 962 C 1963 Ferrari 250 GTO Nick & Anne Daffern—Bellevue, WA 1958 Porsche 356A T-2 Speedster Richard W. Darling—Long Beach, CA 1963 Ferrari 250 GT Lusso Ernie Gabiati—Lafayette, CA 1957 Jaguar XK 140MC Jerry & Cathy Gauche—Houston, TX 1948 Delahaye Cabriolet James M. Glickenhaus—Rye, NY 1967 Ferrari Dino 206 Competizione Allen R. Grant—Modesto, CA 1963 Lola GT Mk 6 Michael Gulett—Monte Sereno, CA 1966 Bizzarrini GT 5300 Strada Richard & Susan Haskell— La Grange Park, IL 1964 Devin C 1964 Devin GT Coupe Prototype 1960s Devin Junior 1959 Devin Super Sport SS, 1st in Class Lee & Joan Herrington—Bow, NH 1957 Ferrari 250 GT Speciale Prince Bernhard Roger Hoffmann—Point Reyes Station, CA 1954 Kurtis 500 KK, Road & Track Award Stephen Holmes—Ross, CA 1952 MG TD The Hon. Sir Michael Kadoorie—Hong Kong 1937 Bugatti Type 57S Arturo & Deborah Keller—Petaluma, CA 1959 Ferrari 250 GT TdF Berlinetta William & Alisa Kling—Malibu, CA 1968 Ferrari 330 GTC Thomas Knudsen—San Francisco, CA 1951 Lancia B50 Cabriolet Enrique Landa—Rancho Santa Fe, CA 1971 Lamborghini Miura SV, 1st in Class John Ridings Lee—Dallas, TX 1930 Bugatti Type 46 Robert Lee—Sparks, NV 1938 Alfa Romeo 8C 2900B, Best of Show Dennis LeVett—Palo Alto, CA 1967 Fiat Dino John W. Linfesty—Santa Monica, CA 1972 Bud Moore/Bobby Isaac Torino Michael Malamut—Thousand Oaks, CA 1963 Chevrolet Corvette Coupe Richard N. McClure—Tallahassee, FL 1951 Porsche 356 Mitch & Kim McCullough— Redondo Beach, CA 1956 Alfa Romeo 1900 CSS Superleggera Coupe Tom McLeod—Birmingham, AL 1973 BMW 3.0 Alpina CSL Dean & Madylon Meiling— Incline Village, NV 1955 Jaguar XK-SS Bruce Meyer—Beverly Hills, CA 1954 Mercedes-Benz 300SL Bruce A. & Ellen Miller—Alamo, CA 1971 Ferrari 246 GT David Mohlman—Carmel, CA 1973 Porsche RSR Jerry Molitor—Chester, NJ 1986 Porsche 962 Tim Montgomery—Saratoga, CA 1958 Bentley S1 Continental Miles Morris—Weston, CT 1938 Delahaye 135MS Competition Cabriolet Roger Morrison—Salina, KS 1968 Porsche 911L Group 2 Jamie A. Muldoon—Houston, TX 1953 Ferrari 375 America, FIVA Award Peter & Merle Mullin—El Segundo, CA 1937 Delahaye 135M, Quail Lodge Award Don & Carol Murray—Laguna Beach, CA 1963 Ferrari 400 Superamerica 1964 Porsche 904 Carolyn Nelson—Scottsdale, AZ 2007 Porsche GT3 997 Bill O'Sullivan—Studio City, CA 1959 Lancia Appia Berlina Anthony Pfannkuche—Pacific Palisades, CA 1968 Ferrari 365 GT 2+2 Speciale Larry & Jan Pfitzenmaier—Sonoita, AZ 1959 Watson Indy Roadster Curt Pindler—Moorpark, CA 1963 Porsche Carrera 2/2000 GS Richard Plavetich—Laguna Beach, CA 1957 BMW Isetta 300 Tom & Gwen Price—Larkspur, CA 1960 Ferrari 250 GT John Queen—Rancho Santa Fe, CA 1952 Ferrari 212 Europa Cabriolet Randolph & Patricia Reed—Seaside, CA 1914 Tahis Special 2-Man Race Car Gail Reingold—Los Angeles, CA 1951 Bentley Graber Randy Reiss—Los Angeles, CA 2008 Alfa Romeo 8C Jochen Rohr—Orinda, CA 1996 Porsche 993 GT2 EVO Christopher Rose—Mill Valley, CA 1983 Ferrari 512 BBi Phil & Linda Scheinberg—Carmel Valley, CA 1968 Ferrari 330 GTC Gary Schroeder—St. Charles, MO 1998 Chevrolet NASCAR Winston Cup Jonathan & Wendy Segal—San Diego, CA 1965 Lamborghini 350 GT 1959 Porsche 356 Coupe Rob & Diane Shanahan—Carlsbad, CA 1967 Crossle 12/F Terry Smith—Carlsbad, CA 1964 Apollo Convertible Larry Solomon—Woodside, CA 1955 Mercedes-Benz 300SL Gullwing Ron & Diane Spindler—Los Angeles, CA 2007 Marcos TSO RT David Steel—Temecula, CA 1966 DeTomaso Vallelunga Dave & Honor Stone—Hailey, ID 1971 Datsun 510 B Sedan Robert & Lynda Strand—Carmel, CA 1956 AC Aceca 289 Coupe Martin & Esta Swig—San Rafael, CA 1960 Lancia Appia Zagato GTE David Sydorick—Beverly Hills, CA 1953 Fiat V8 Supersonic, 1st in Class Tony & Renette Symmes—Paradise, CA 1931 Aston Martin International Jack Thomas—St. Louis, MO 1955 Ferrari 375 America John T. Thompson—Salinas, CA 1967 Ferrari 275 GTB/4 Jon Wactor—Oakland, CA 1970 Porsche 914/6 GT Bruce & Juana Wagner—Salinas, CA 1980 Maserati Merak SS Gary Wasserman—Carmel Valley, CA 1968 BMW R60 S350 Sport Ottair Dan Watkins—Marblehead, MA 1985 Ferrari 288 GTO 1997 McLaren F1 Don Weber—Newport Beach, CA 1953 Kurtis Craft Offenhauser William J. Weiner—Los Gatos, CA 1961 Jaguar XKE 0TS #66 Malcolm Welford—Costa Mesa, CA 1953 Fiat 8V Phil White—Atherton, CA 1973 Ferrari 365 GTB Daytona

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MONTEREY RECAP SCM EVENTS The 8th SCM Monterey Seminar “I'm the king of third place,” Williams joked. “I've never won a first” by Paul Duchene which belonged to the Rothschild family. “That's the only time I cared about Best of Show,” he said. “I didn't win and pouted like a kid.” Publisher Martin revisited cars he had tracked in previous seminars, and SCM panelists John Apen, Carl Bomstead, Colin Comer, and Donald Osborne added their opinions. “In the future,” says Martin, “the dollar will get stronger, credit will be easier—it couldn't be any harder—and second- and third-tier cars will be less sought after.” The market, too, will shrink. “My generation is the last one to grow up with these cars,” said Martin. “It's in our DNA. Kids 14 to 25 don't get it. So fewer people will care; fewer people will tinker. Cars will be harder to get worked on.” His advice? There are better buys today than there Don Williams shares his thoughts W ell over 100 SCMers gathered in Gooding & Company's tent on Saturday, August 15, for the eighth annual SCM Insider's Seminar. They came to hear Publisher Martin and a panel of experts analyze the collector car market. Over the years, this has become a highly-antici- pated gathering, as collectors learn about the market and meet like-minded individuals. There was a serious buzz in the room, as participants shared experiences. David Gooding welcomed familiar faces and urged buyers to listen to their hearts and not be afraid to ask questions. The presenting sponsor was Chubb Collector Car Insurance, represented by Worldwide Automobile Claims Manager Bill Crowley, who gave a brief presentation. And Mike Klawitter, West Coast load planner for Intercity Lines, spoke about shipping collector cars. Meguiar's was a sponsor for the sixth consecutive year. They were followed by Don Williams, founder and head of the Blackhawk Collection, who has attended Pebble Beach for 38 years and reckons he's exhibited 200 cars there. “I'm the king of third place,” he joked. “I've never won a first.” Williams discussed the astonishing lineup of cars he has owned, as photos were projected behind him. California Spyders, a 1931 Cadillac V16 all- weather phaeton, a Mercedes 540K (“I traded a house for that one, and still got a third”), a 1914 Isotta Fraschini gunboat speedster, a 1933 Isotta Castangna-bodied dual cowl phaeton, a 1930 Bucciali by Saoutchik (“I got a co-chairman's award for that…”), a 1941 Chrysler Thunderbolts (“I had a black and a red one”), 1941 Chrysler Newport, and a 1929 Duesenberg with Bohman & Schwartz body. He's owned that one twice. Then there was his 1934 Hispano-Suiza J12, 56 will be in three years. The seminar then broke into four groups, led by SCM experts. Cars were examined in detail, with leaders answering questions. After 90 minutes of discussion, participants headed for the auctions, their collector-car quivers full of state-of-the-market arrows. ♦ SCM Platinum/RM VIP Private Tour On Thursday, August 13, along with RM Auctions, SCM hosted its first event of the weekend—a tour of RM's 239 consignments at the Portola Hotel and Spa. Forty SCM Platinum mem- Questions were invited bers attended the complimentary tour, including an enthusiastic contingent eight-strong from Australia. Publisher Martin led the way, while RM President and CEO Ian Kelleher and Specialist Don Rose represented RM. For an hour and a half, the three took attendees around to select cars slated to cross the block at RM's Thursday night sale of the Nick Alexander Woodie Collection, as well as the Sports & Classics sale on Friday and Saturday. As Martin fielded questions from the group and followed them up with his own, Kelleher and Rose shared their insights not only about the cars in question, but on the market as a whole. In response to group queries, Kelleher succinctly detailed the importance of the wood-bodied cars in attendance, while Rose was equally efficient in his breakdown in the differing market opinions of the DB series of Aston Martins. Specific values were discussed in detail; for instance both agreed the custom convertible conversion 1966 Lamborghini 400 Spyder on hand was simply one man's vision and would sell accordingly. (It made $154k, valued a bit below a standard 400 GT 2+2.) The whole tour had the feel of a great big group discussion on the cars that make up our hobby, and everyone came away having learned much. If you're interested in participating in future consignment tours, or you're just curious about the SCM VIP Platinum program, drop me an email at stefan.lombard@sportscarmarket .com.—Stefan Lombard ♦ Sports Car Market

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MONTEREY RECAP CONCOURS D'LEMONS LeMons with A-Peel Here, a pig is a pig, and we're all rutting around in the automotive manure together by Ray Nierlich T he anti-concours, the Concours d'LeMons, held its coming out party on the Saturday of the Monterey weekend in nearby Salinas. Imagine: A concours that's not in Pebble Beach or Carmel? Not even on a golf course? No $400 entry fee? At least the judges had straw hats. Building on the wildly improbable and successful 24 Hours d'LeMons endurance racing series, Alan Galbraith decided it was high time for yet another event during car week in Monterey. Entry fee for your Lemon was just $0, while driver, passenger and spectator admission cost only $20—a far cry from the hundreds of dollars you had to shell out at the more tony events. Held in a county park just down the highway from Laguna Seca, this irreverent, family-oriented show is the obscure car lover's nirvana. The stranger your wheels are, the better Alan likes 'em. No $100,000 trailer queen restorations, please. Sports Car Market was the title sponsor and awarded “Worst in Class Fright Piglets” to delighted recipients, along with a “Worst of Show Fright Pig Supremo” to the ultimate winner / loser. Said SCM Publisher Martin, “Let's face it, there are a lot of big egos on the Monterey Peninsula this time of year, and we have to tiptoe around some pretty ugly cars without actually calling them that. Hear, a pig is a pig is a pig, and we're all rutting around in the automotive manure together.” One favorite was a device called the “KV Mini I,” an odd golf cart-sized contrap- tion featuring a 125-cc motorbike engine spinning grinding stones against the treads of the rear tires. Kinda like your old pedal bike with that generator for the lights. Even weirder was that the devoted owner towed this baby all the way from Seattle just to come to the show! Did I mention he used his MG B as the tow vehicle? The best group display had to be Plan ahead: August 14, 2010 Where: Toro Park, Salinas, CA Cost: $20 More: www.concoursdlemons.com the Pinto enthusiasts (what would be the collective noun—an explosion of Pintos?) .Seven running Pintos in a Fright Pig Supremo row—most impressive, and when did you last see that? I especially liked the disco ball mirror treatment on one of them. So if your Studebaker Hawk, Messerschmitt, or Citroën has been languishing in your garage too long and you can't stand those self-absorbed types at the other concours, fire that thing up and bring the family down to see proof that you're not the only nut-job car guy. Next year, Galbraith is promising to feature the minivan and SUV. I can't wait. ♦ Why, it's a Sprite, of course 58 Econoline, plaid, and shag—oink oink oink Sports Car Market

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MONTEREY RECAP PEBBLE BEACH CONCOURS D'ELEGANCE Sir, You're in My Photo I once referred to the Blue Train Special as “bitchin',” and after snapping it from nearly every angle on Sunday morning, I stand by the statement By Stefan Lombard T he beauty of getting up before the rest of the world is that the rest of the world doesn't end up in your photographs. This is especially true at Pebble Beach, and this year, I seized the opportunity to be a part of Hagerty's Dawn Patrol. After all, it's not every day you get to watch the world's finest show cars take the 18th fairway at Pebble Beach. I felt my way in the dark to the coffee and donuts, camera at the ready, and waited for the procession to begin. At first light, a tiny Bébé Peugeot puttered by leading the way, and after that on they came. Vintage motorcycles were a new fixture of the concours this year, with a class devoted to British bikes built prior to 1959. Pebble Beach continues to set the bar internationally for its display and judging of vintage automobiles, and while it's not the first concours to add motorcycles, there is little doubt those chosen represented the pinnacle of two-wheeled machines. The earliest-manufactured among them was a 1913 Premier 3½hp 3-speed, and as I stood watching the procession, there was something special in seeing it go past as the very first motorcycle to take its place on the lawn. As I wandered around the fairway, I had no plan. McCaw's Gurney Nutting coupe I didn't have a list of entrants or a map of which cars and classes were parked where. I knew only that Bentley and Bugatti were featured marques, as were Audi and Morgan, with special tributes to the coachwork of Zagato and to two of the great racing Ferrari models—the TR59 and 166 MM. I also knew I wanted to shoot them uncluttered by the hordes that would be arriving in mere hours. The first car that brought out the little boy in me was Bruce McCaw's 1930 Bentley Speed Six Gurney Nutting coupe—the Blue Train Special. I'd seen the car in pictures and of course had heard the story of Woolf Barnato's famed race against the Blue Train from Cannes to Calais, but to see this devilish car up close was a serendipitous treat. I once referred to it as “bitchin'” in a letter response, and after snapping it from nearly every angle on Sunday morning, I stand by the statement. It was an exhibit-only car, but it got my vote for Best of Show. Robert M. Lee's stunning 1937 Horch 853 Voll & Ruhrbeck Sport cabriolet got the rest of the votes, however, and he walked away from the weekend with his second Best of Show nod, this one to complement the award he won at the Quail on Friday with his 1938 Alfa 8C 2900B. Later, once the show officially opened, the sun shone and Edward Herrmann returned as emcee—a position he's held for more than a decade—while our own Publisher Martin spent the morning making the rounds interviewing concours entrants. But by that point I was gone, nearly a thousand images tucked safely away in my pocket. What I discovered, however, is that even at zero-dark-thirty, there are people in your photographs. But they are the people who make the Pebble Beach Concours what it is—the organizers and the volunteers and the entrants themselves, so I don't have any complaints. I did manage to get some alone time Plan ahead: August 15, 2010 Where: Pebble Beach, CA Cost: $150 More: www.pebblebeachconcours.net A grid of Bentley factory racers 60 with the Blue Train Special, though, and that counts for a lot. See additional photos from Pebble Beach and elsewhere at www.sportscarmarket.com/pebblepics. ♦ Sports Car Market

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SCMers at Pebble Beach Richard A. Atwell—Fredericksburg, TX 1953 Cunningham C-3 Vignale Convertible Robert & Sandra Bahre—Oxford, ME 1932 Packard Twin Six 906 Dietrich Sport Phaeton, 3rd in Class 1934 Packard Twelve 1108 Dietrich Sport Sedan, 1st in Class Malcolm Barber—Warlingham Surrey, UK 1939 Auto Union D-type Grand Prix Single Seater, 3rd in Class Joseph M. Barone—Honesdale, PA 1957 Ferrari 250 GT LWB TdF Scaglietti Berlinetta Gary W. Bartlett—Muncie, IN 1955 Jaguar D-type Ronald Benach—Lake Forest, IL 1933 Packard Twelve 1006 Dietrich Coupe Jack & Kathy Boxstrom—Ontario, CAN 1931 Packard 833 Sport Phaeton, 3rd in Class; FIVA Pre-War Award Stephen Brauer—St. Louis, MO 1931 Bentley 8 Liter H.J. Mulliner Weymann Paneled Saloon, 3rd in Class Bruce Canepa—Scotts Valley, CA 1972 Porsche 917/10 Can-Am, 1st in Class 1984 Porsche 962C Group C, 3rd in Class Tom Clifford—Holliston, MA 1936 Bugatti Type 57 Two-Light Ventoux Coupe Bob & Ellen Cole—Woodside, CA 1935 Bentley 3½ Liter Bertelli Coupe 1965 Morgan Plus 4+ Coupe The Collier Collection—Naples, FL 1939 Mercedes-Benz W154 Grand Prix 1933 Bentley 4¼ Liter Offord Sports, 1st in Class; Phil Hill Cup 1957 Cooper Climax Type 43 Grand Prix William E. (Chip) Connor—Hong Kong 1929 Bentley 4½ Liter Vanden Plas Le Mans Tourer “Birkin Blower 3” 1949 Ferrari 166 MM Touring Barchetta, Road & Track Trophy 1959/60 Ferrari TR59 Fantuzzi Spyder Keith E. Crain—Detroit, MI 1930 Cadillac 452 V16 Fleetwood Sport Phaeton Craig & Bunny Davis—Pebble Beach, CA 1955 Osca MT4 Morelli Spider Jan De Reu—Kaprijke, BEL 1953 Fiat Otto Vu Zagato GT Gerald J. DePersio, MD—Tustin, CA 1941 Chrysler LeBaron Thunderbolt, 3rd in Class Manny Dragone—Bridgeport, CT 1907 Fiat 60 HP Targa Florio 2-Seater, 1st in Class Howard & Madlyn Fafard—Jupiter, FL 1930 Isotta Fraschini Tipo 8A SS Castagna Cabriolet Mike & Wendy Fairbairn—Chatham, CAN 1933 Rolls-Royce Phantom II Continental Hooper Sport Coupe Jim & Evelyn Fasnacht—Houston, TX 1930 Ruxton Model C Rauch & Lang Phaeton, 3rd in Class James & Nancy Feldman—Portland, OR 1957 AC Ace Bristol Zagato Coupe James L. Foght—Barrington Hills, IL 1939 Bugatti Type 57C Letourneur et Marchand Cabriolet Frank & Leah Gabrielli—Danville, CA 1926 Bentley 3 Liter Vanden Plas Le Mans Tourer 1937 Horch, Best of Show Mark & Connie Gessler—Potomac, MD 1963 AC Ace Bristol Sport, 1st in Class Dennis R.J. & Pamela Ann Glavis— Valencia, CA 1952 Morgan Plus 4 4-Passenger Drophead Coupe Ed Godshalk—Newberg, OR 1925 Bugatti Type 13 Brescia 2-Seat Sports, 3rd in Class Bill Grimsley—Sausalito, CA 1962 Ferrari 400 Superamerica Pininfarina Coupe, 3rd in Class Martin Gruss—Palm Beach, FL 1936 Bugatti Type 57 Paul Née Pillarless Coupe, 3rd in Class Peter Hageman—Kirkland, WA 1928 Bentley 4½ Liter Vanden Plas Le Mans Sports Lee & Joan Herrington—Bow, NH 1957 Ferrari 250 GT LWB Zagato Berlinetta, 1st in Class Jules Heumann—San Francisco, CA 1937 Hispano-Suiza K6 Henri Chapron Coach Mouette, 2nd in Class; Alec Ullman Trophy Mark Hyman—St. Louis, MO 1936 Delage D8 120 Chapron Cabriolet William Johnston—Richland, MI 1938 Talbot-Lago T150C SS Figoni et Falaschi Coupe, 1st in Class; Most Elegant Closed; Art Center Award The Hon. Sir Michael Kadoorie—Hong Kong 1930 Bentley Speed Six H.J. Mulliner Drophead Coupe, 2nd in Class 1950 Ferrari 166 MM Touring Barchetta Arturo & Deborah Keller—Petaluma, CA, Lorin Tryon Trophy 1929 Bentley Speed Six Vanden Plas Dual Cowl Tourer, 3rd in Class; Most Elegant Open 1929 Bentley Speed Six Park Ward Sports 2-Seater 1938 Bentley 4¼ Liter “Embericos” Pourtout Coupe, Most Elegant Sports Keller Collection—Petaluma, CA 1939 Mercedes-Benz W154 Grand Prix Neal Kirkham—Saratoga, CA 1934 Bentley 3½ Liter Thrupp & Maberly Drophead Coupe, 2nd in Class Joan & Scott Kriens—Sarasota, CA 1933 Packard Twelve 1108 Dietrich Sport Sedan, 2nd in Class John Ridings Lee—Dallas, TX 1930 Bugatti Type 46 Semi-Profilee Oldrich Uhlik 2-Door Robert M. Lee—Sparks, NV 1948 Ferrari 166 MM Touring Barchetta 1949 Ferrari 166 MM Touring Barchetta 1937 Horch 853 Voll & Ruhrbeck Sport Cabriolet, 1st in Class; Best of Show Gerry Leumann—Lucerne, CHE 1938 Bentley 4¼ Liter Carlton Drophead Coupe Manfredo Lippmann—Guatemala City, GTM 1939 Horch 930V Offener Tourenwagon Evert V.N. Louwman—Raamsdonksveer, NLD 1929 Mercedes-Benz SSK Carlton 2-Seat Sports, 3rd in Class; Mercedes-Benz Trophy The William Lyon Family—Newport Beach, CA 1965 Alfa Romeo TZ2 Zagato Competition Berlinetta, Gran Turismo Award Carlos & Nicola Macaya—San Jose, CRI 1962 Maserati 3500 GT Coupe Ken & Patty McBride—Seattle, WA 1933 Mercedes-Benz 380K Erdmann & Rossi Special Roadster, 2nd in Class Bruce & Jolene McCaw—Bellevue, WA 1930 Bentley Speed Six Gurney Nutting Coupe 1929 Bentley Speed Six “Old Number 1” Gurney Nutting 2-Seater 1959 Ferrari TR59 Fantuzzi Spyder 1952 Mercedes-Benz W194 Coupe John & Gwen McCaw—Seattle, WA 1959 Ferrari TR59 Fantuzzi Spyder Allan A. McCrary—Vacaville, CA 1936 Cord 810 Convertible Coupe Alan W. McEwan—Redmond, WA 1934 Bentley 3½ Liter Vanden Plas Tourer, 1st in Class Jay & Christina Moore—Lahaina, HI 1933 Rolls-Royce Phantom II Continental Gurney Nutting Drophead, 1st in Class; Most Elegant Convertible John & Heather Mozart—Palo Alto, CA 1959/60 Ferrari TR59 Fantuzzi Spyder John & Linda Muckel—Rancho Palos Verdes, CA 1912 Locomobile Model 48 Torpedo 5-Passenger Peter & Merle Mullin—Los Angeles, CA 1951 Delahaye 235 Saoutchik Cabriolet, 3rd in Class Donald & Carol Murray—Laguna Beach, CA 1955 Porsche 550 Spyder Nethercutt Collection—Sylmar, CA 1912 DeDion Bouton DM A.S. Flandrau Roadster, 1st in Class; Charles A. Chayne Trophy 1931 Bugatti Type 51 Dubos Coupe, 1st in Class Robert M. Pass—St. Louis, MO 1929 Bentley 4½ Liter Thrupp & Maberly Tourer Patterson Collection—Louisville, KY 1937 Delage D8S Letourner et Marchand Aerodynamic Coupe, Elegance in Motion Trophy Henry & Gale Petronis—Easton, MD 1931 Bentley 8 Liter Vanden Plas Tourer, 2nd in Class Brian & Randy Pollock—Mercer Island, WA 1937 Morgan Sports 2-Seater Barrelback, 1st in Class Bill & Linda Pope—Paradise Valley, AZ 1933 Maserati 8C Monoposto 1955 Maserati 250F Grand Prix J. Roberto Quiroz—Nuevo Leon, MEX 1965 Maserati A6G/54 Zagato Coupe, 3rd in Class Mitchell Rasanky—Dallas, TX 1927 Bugatti Type 35B Grand Prix John W. Rich, Sr.—Pottsville, PA 1911 Oldsmobile Limited Touring, 2nd in Class 1939 Horch 853A Glaser Cabriolet, 2nd in Class Jerry & Dana Rosenstock—Encino, CA 1961 Aston Martin DB4 GT Zagato Berlinetta Ray Scherr—Westlake Village, CA 1937 Bugatti Type 57SC Atalante Coupe, 1st in Class; French Cup 1931 Alfa Romeo 6C 1750 Zagato Spyder Malcolm Schneer—Costa Mesa, CA 1934 Riley Ulster TT 2-Seater Open Racing Ed & Judy Schoenthaler—Oak Brook, IL 1930 Cord L29 Limousine Body Co. Speedster Jerry Seinfeld—Long Beach, CA 1969 Porsche 917K Coupe 1970 Porsche 908/03 Spyder, 2nd in Class Jon & Mary Shirley—Medina, WA 1949 Ferrari 166 MM Touring Barchetta Calilo Sielecki—Buenos Aires, ARG 1935 Bugatti Type 57 Bertelli of Feltham Cabriolet Chuck & Amy Spielman—La Jolla, CA 1937 Packard V12 1507 Convertible Coupe Tom Stegman—Cincinnati, OH 1950 Ferrari 166 MM Touring Barchetta Martin & Esta Swig—Sausalito, CA 1928 Alfa Romeo 6C 1500 Zagato Spyder David & Ginny Sydorick—Beverly Hills, CA 1932 Alfa Romeo 8C 2300 Zagato Sypder Matt & Carol Sysak—Washington Crossing, PA 1926 Bentley 6½ Liter H.J. Mulliner Drophead Coupe John H. White—Sacramento, CA 1941 Chrysler LeBaron Newport Tim & Pat Whited—Nederland, CO 1931 Ruxton Sedan Roger Willbanks—Denver, CO 1936 Delahaye 135 Competition Figoni et Falaschi Coupe Don Williams—Danville, CA 1947 Rolls-Royce Silver Wraith Inskip Cabriolet Harry Yeaggy—Cincinnati, OH 1934 Packard V12 1106 LeBaron Sport Coupe, 1st in Class November 2009 61

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Market Reports Overview Six Monterey Auctions, 836 Cars, $120m in Sales Mecum's sale of the 1965 Shelby Cobra Daytona coupe at $7.68m set a new world record for the most expensive American car ever sold at auction by Jim Pickering Daytona coupe set an auction record for American cars at $7,685,000 W e can now answer the question, “What happened in Monterey?” Overall, 561 of 836 cars sold (67%), for a total of $119,784,028. This is down from the $139m of 2008, and from the $135m of 2007. But it is significantly above the $101m of 2006. If this is the total degree of “adjustment” the collec- tor car market is going to undergo, then we should all be smiling. If you had owned $135m of Florida beachfront condos in 2007, you'd certainly be glad if someone offered you $120m for them today. The weekend is the sum of its parts, and SCM had its experts at every auction, and you'll find their detailed reports in this section of SCM. Gooding & Company returned to the Pebble Beach Equestrian Center for its annual two-night auction, and it was again the top grossing event of the weekend, with 128 of 159 cars selling for a final total of $50.7m. Although last year's event had a significantly higher final total of $64.8m from 115 cars, this year's event saw many lots bring over-estimate prices, and as Executive Editor Paul Duchene noted in his report, high-end exotics again held strong, including a 1962 Ferrari 250 GT SWB California Spyder at $5.1m and a Castagna-bodied Alfa Romeo 8C 2300 drophead coupe at a record $4.2m. However, fewer million-dollar cars sold (nine vs. last year's 20)—a statement that held true everywhere. RM's annual event at the Portola Hotel totaled $35.5m for 206 of 239 cars over three nights, including $7.3m from the no-reserve Nick Alexander Woodie Collection. While that total was certainly solid in this market, it 62 does represent a notable drop from last year's $44.1m, a figure achieved from 147 cars sold in just two nights. Senior Auction Analyst Carl Bomstead noted a diverse group of consignments on offer, including a Porsche tractor that made $28,600, while 17 of the 23 Ferraris available found new homes. Contributing Editor Donald Osborne made his way to Carmel Valley for the Bonhams & Butterfields Quail Lodge sale, where 62 of 102 cars sold for a combined $14.3m over a continuous nine hours. Osborne noted that last year's $21m event sold five cars each over the million-dollar mark, while this year only sold one—the ex-Hopalong Cassidy 1933 Duesenberg Model J Torpedo convertible Victoria at $1.4m. Despite much interest in the well-publicized Auto Union D-type Grand Prix car, it failed to sell at $6m—a figure many considered to be near its current market value. Mecum's first-ever Monterey sale took place at the Hyatt Regency Monterey Hotel, with 105 of 224 cars selling for a final total of $14.2m. Auction Analyst John Stein noted a broad mix of European collectibles among Mecum's standard selection of American muscle, while the top sale of the event—and of the Monterey weekend as a whole—went to the FIA Championship-winning 1965 Shelby Cobra Daytona coupe at $7.68m—a new record price for an American car sold at auction. Russo and Steele's annual Monterey event saw 60 of 112 cars sell for a final total of $4.9m, as compared to last year's 72 of 152 cars sold for $9.1m. Auction Analyst Ray Nierlich noted that the addition of Mecum and its muscle-heavy consignment list to the Monterey line-up certainly didn't help Russo's chances at meeting the marks set this time last year. Even so, $5m for 60 cars was still a solid result for Russo, led by a 1964 Shelby Cobra 289 roadster at $473k. MidAmerica was also a newcomer to the Monterey auction scene in 2009, holding a sale in conjunction with the Pebble Beach Concours d'Elegance, which this year included motorcycles on the green for the first time. Nierlich was there to cover the first-ever Pebble Beach motorcycle auction, noting a final sales total of $548k for 27 of 83 bikes. Finally, if you've ever wondered what star power is really worth, Geoff Archer's eBay Motors report on the cars of the stars should have your answer. ♦ Sports Car Market

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Market Reports Overview Sales Totals $70m $60m $50m $40m $30m $20m $10m 2009 2008 2007 2006 2005 Top Sales by Year 2005 1967 Ferrari 275 GTS/4 NART spyder $3,960,000 Gooding & Company 2006 1958 Ferrari 412 S sports racer $5,610,000 RM Auctions 2007 Bonhams & Butterfields RM Auctions Russo and Steele Gooding & Company Mecum Auctions 2005 Yearly Sold / Offered Summary 2006 2007 RM 138 / 153 (90%) $30,738,100 Bonhams 46 / 82 (56%) $4,460,001 Russo & Steele 79 / 79 (100%) $10,665,600 Gooding Mecum 62 / 76 (82%) $22,062,950 — Total Sold / Offered 374 / 519 (72%) Total Sales $79,079,694 188 / 206 (91%) $42,862,850 56 / 69 (81%) $12,444,099 156 / 156 (100%) $13,153,690 62 / 78 (79%) $21,168,400 — 514 / 616 (83%) $100,560,933 178 / 192 (93%) $46,754,350 67 / 96 (70%) $8,109,445 99 / 161 (61%) $10,034,530 122 / 134 (91%) $61,350,250 — 519 / 692 (75%) $134,839,073 1959 Ferrari 250 GT LWB California Competizione spyder $4,950,000 RM Auctions 2008 147 / 172 (85%) $44,093,450 44 / 77 (57%) $21,004,800 72 / 152 (47%) $9,107,875 115 / 141 (82%) $64,790,300 — 378 / 542 (70%) $138,996,425 2009 206 / 239 (86%) $35,522,600 62 / 102 (61%) $14,284,288 60 / 112 (54%) $4,973,565 128 / 159 (81%) $50,753,850 105 / 224 (47%) $14,249,725 561 / 836 (67%) $119,784,028 Top10 Sales This Issue (Land Auctions Only) 1. 1965 Shelby Cobra Daytona coupe, $7,685,000—Mec, p. 92 2. 1962 Ferrari 250 GT SWB California spyder, $5,115,000—G&C, p. 72 3. 1933 Alfa Romeo 8C 2300 drophead coupe, $4,180,000—G&C, p. 70 4. 1935 Duesenberg Model SJ Prince M'Divani roadster, $3,300,000—G&C, p. 74 5. 1958 Ferrari 250 GT LWB California spyder, $2,750,000—G&C, p. 72 6. 1952 Jaguar C-type roadster, $2,530,000—RM, p. 80 7. 1955 Aston Martin DB3S roadster, $1,980,000—RM, p. 80 8. 1953 Aston Martin DB2/4 drophead coupe, $1,650,000—G&C, p. 68 9. 1954 Ferrari 500 Mondial Series I roadster, $1,540,000—G&C, p. 72 10. 1933 Duesenberg Model J Torpedo convertible Victoria, $1,437,000—B&B, p. 99 64 1. 1958 Ferrari 250 GT LWB California spyder, $2,750,000—G&C, p. 72 2. 1940 Lincoln Zephyr Continental convertible, $170,660—Mec, p. 89 3. 1952 Allard J2X “Little Red” roadster, $194,000—B&B, p. 95 4. 1939 Alvis Speed 25 tourer, $231,000—R&S, p. 104 5. 1936 Packard Twelve 2/4 Passenger coupe roadster, $264,000—RM, p. 84 Best Buys SCM1-6 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 Sports Car Market 1965 Shelby Cobra Daytona coupe $7,685,000 Mecum Auctions 1937 Bugatti Type 57SC Atalante $7,920,000 Gooding & Company 2009 2008

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Gooding & Company Pebble Beach, CA The Pebble Beach Auctions Top-drawer exotics held strong, with a 1962 Ferrari SWB California Spyder tops at $5.1m and an Alfa Romeo 8C 2300 setting an Alfa record at auction Company Gooding & Company Date August 15–16, 2009 Location Pebble Beach, California Auctioneer Charlie Ross Automotive lots sold / offered 128/159 Sales rate 81% Sales total $50,753,850 High sale 250 GT SWB Cal Spyder topped the Gooding charts at $5.1m Report by Paul Duchene, photographs by Jim Pickering Market opinions in italics O nce again, Gooding & Company paced the Monterey weekend, though sales dipped 21% from 2008's $64.8 million. Nevertheless some cars exceeded expectations by sig- nificant sums, like the 1938 Paris Salon's Buick Series 80 Opera brougham by Fernandez and Darrin, which brought a whopping $506k—way over the high estimate of $325k. Top-drawer exotics held strong for the most part, with a 1962 Ferrari 250 SWB California Spyder topping the sheet at $5.1m and an Alfa Romeo Castagna-bodied 8C 2300 drophead setting an Alfa world record at auction at $4.18m. The stunning one-off 1935 Duesenberg SJ roadster, given by Barbara Hutton to playboy “Count No Account” Serge M'Divani, sold for $3.3m, while a 1953 Bertonebodied Aston Martin DB2/4 drophead coupe brought $1.65m, thanks to a wonderful history, and despite a face only a mother could love. Not all was smooth sailing, however, and auctioneer Charlie Ross was a stern taskmaster to indecisive bidders on Saturday evening. Perhaps the biggest disappointment was the 1938 Bugatti Type 57C Special coupe (profiled on p. 38), a one-off owned by Ettore himself with fascinating (if convoluted) provenance. It brought $1.375m—not a bad price until you recall the $7m–$10m that was rumored earlier. A 1937 Bugatti Type 57C Atalante coupe sold for $880k, while a handsome 1939 Galibier sedan did not sell. The 1963 Corvette Pininfarina “Rondine” show car 66 1962 Ferrari 250 GT SWB California Spyder, sold at $5,115,000 Buyer's premium 10%, included in sold prices stalled at $1.2 million, despite being restored to running condition and beautifully freshened by Corvette expert Kevin Mackay from the mummified condition in which Michael Schudroff bought it in 2008. If it was worth $1.76m when he bought it, it's certainly worth that much now. Carriage House Cars owner Schudroff brought 50 cars to the auction, many without reserve and all characterized by superior condition and interesting provenance. Indy car collector Don Lyons shed some of his corral, and Mario Andretti's rookie year 1964 “Dean Van Lines” roadster sold for $231k, while a 1967 Gurney Eagle Indy car brought $220k. Among the puzzles must be counted the owner who turned down $1.3m for a really scary 1938 Alfa Romeo 6C 2300 coupe, the $480k rejected for the 1959 Scaglietti-bodied Corvette, and the $32k spurned for a low-miles 1990 Corvette ZR-1. The jury's in on that one, folks. Equally surprising was the no-sale of the patinated-to-hell-and-back ex-Field Marshal Montgomery 1936 Rolls-Royce PIII sedan, which should be loaned to the Imperial War Museum permanently. Preservationists gave restorers a kick in the teeth when a faded gray 13,000-mile 1953 Jaguar XK 120 roadster sold for $192,500—double the money offered for three nicely redone XK 120 and 140 roadsters Great Gatsby fans had about 20 cars to choose from if they had $500k or so. These included a 1931 Cadillac V16 Sport phaeton ($550k), a 1933 Chrysler Imperial dual cowl phaeton (only $297k), and Phil Hill's Pebble-winning purple 1927 Packard convertible sedan ($627k). And if all you wanted was a car to drive home in comfort—how about the 1936 Chrysler Imperial Airflow limousine for $27,500? That's a car you can leave with the keys in it. ♦ Sales Totals $10m $20m $30m $40m $50m $60m $70m $80m 2009 2008 2007 2006 2005 Sports Car Market

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Gooding & Company Pebble Beach, CA BELGIAN #13-1927 MINERVA AL 32CV sports sedan. S/N 56522. Eng. # 56519. Dark green & black/black leather /tan leather. Odo: 44,374 miles. Gigantic sedan with huge sleeve-valve engine, one of two bodied by LeBaron in 1926 and was Minerva's New York Auto Show entry. Spectacular restoration by Steve Babinsky of what must have been a difficult car to do. One-time project of Vancouver's Ray Radford, double the price of well-restored XK 120 and XK 140 roadsters in the same sale. TOP 10 No. 8 #62-1953 ASTON MARTIN DB2/4 drophead coupe. S/N LML504. Eng. # VB6E501230. Red/black canvas/red leather. One-off convertible coupe designed by Michelotti and built by Bertone. A 1953 Christmas present for Brown & Bigelow advertising mogul Charles A. Ward, paid for by his 60 sales managers. Spectacular restoration—paint, plating and upholstery of car ordered by Wacky Arnolt in Chicago and loaded with custom touches. Only one other was built, FRENCH #36-1924 DELAGE GL skiff torpedo. S/N 54M. Eng. # 15427. Silver, black & wood/blue leather. Odo: 52,384 km. Classic Labourdette skiff body with dual cowl, beautiful wood, polished aluminum hood, excellent nickel plate, and superb paint, including chassis detailing. Comfortably worn leather interior, stringbound wheel, Stephen Grebel lights and lovely Pawel Litwinski © 2009 Courtesy of Gooding & Company who died before he could finish it. AACA wins, Class win at Pebble Beach concours. Paint, plating and incidental details hard to fault. Cond: 1. SOLD AT $319,000. This Park Avenue cruiser from the Roaring Twenties was intimidating in the same way a locomotive or really big elephant would be. Sold mid-estimate to a collector who can hopefully afford to feed it gas and oil, and has a 30-foot long heated garage. Sleeve-valve engines can be a bear to start when it's cold. And you'll always have to explain it. I'd say well sold. ENGLISH #71-1953 JAGUAR XK 120SE roadster. S/N S673781. Eng. # W78608S. Gray/tan & red leather. Odo: 13,613 miles. Splendid original, dealer-traded to Denver from Hornburg in L.A. Driven home to Leoti, KS, by owner Claude Heath, whose son confirmed the accuracy of the 13k mileage. All paperwork and receipts included to date, as well as original tool kit. Reupholstered and recarpeted in the 1990s, for race driver Innes Ireland. Cond: 1. SOLD AT $1,650,000. Last seen at RM's sale of the Ponder Collection in April '07, where it sold at $847,000 (SCM# 44889). Surely bought for its wonderful history and its condition, which was faultless. Its looks, on the other hand, were a matter of personal taste, with the frontal aspect as subtle as a mouthful of diamond-studded teeth on a riverboat gambler. Considering how handsome other Aston Martins were at this time, it's easy to see how this is one of only two. Still, the history made the difference here, and in the long run that makes this car well bought. #1-1966 JAGUAR XKE SI coupe. S/N 1E31482. Eng. # 7E51629. Silver blue/dark blue leather. Odo: 81,998 miles. Fully documented partial restoration of 82,000-mile SoCal car. Engine received only top-end work. Claimed matching numbers, new paint, rubber, and chrome. Engine bay very clean. Brake master cylinder leaking at fitting, windshield trim lose. Suspect body fitment on right side period hood ornament. Perished wipers, running board strips of gold anodized aluminum, such as might be found on a kitchen threshold. Cond: 1-. SOLD AT $660,000. Pebble Beach French Cup winner in 2008. Bound to draw a crowd in all the right circles, though due to the exotic body rather than the marque. Ambitious $1m–$1.3m estimate was wisely relaxed to match the real money in the room, and it still did better than lot 131, the 1922 Hispano-Suiza H6B, which sold for $517k. #129-1937 BUGATTI TYPE 57C Atalante coupe. S/N 57557. Eng. # 409. Red & black/ black leather. RHD. Odo: 19,726 km. Fully documented matching-numbers car, supercharger added before WWII by factory. Fully restored in the U.S. in 1979, returned to original color scheme, then sold to Japanese collector who kept it 15 years. Recently refreshed. Excellent paint and plating, good panel fit, nice interior, stunning engine compartment. sympathetically overhauled mechanically in 2008, otherwise correct and unmolested. Paint polished through on fenders, chrome thin. Cond: 3+. SOLD AT $192,500. A time warp car that confirms Miles Collier's theory that antiques must show evidence of passage of time in order to be valuable. Blew through the $95k–$125k estimate in 3rd gear, and sold for 68 of hood, oval grille “squared off,” presumably in the course of repair work. Front overriders tilted to left. Cond: 2-. SOLD AT $93,500. An astonishing result to open the auction. True, much was new, but details raised questions and the grille must have been reshaped by Bubbles of “Trailer Park Boys,” with his coke-bottle lenses. It's hard to believe anybody would go to this much trouble and not rebuild the engine. Very well sold at well over what I thought it would bring, but just under Gooding's $95k low estimate. Seems like a very sound car that's been well maintained. Cond: 1. SOLD AT $880,000. First impression was that the colors were a bit much, which is rather like complaining about a runway model wearing a luminous Dior gown. If you're the right shape, you can get away with it, and this car was definitely the right shape. It was a striking contrast to Ettore's own frumpy coupe; despite the provenance of that car, I'd take this one in a heartbeat. As SCM writer Thor Thorson says: Desirable then, desirable now. Cars like this sell themselves. Sports Car Market

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Our Cars 1972 Chevrolet Cheyenne Super 4x4 pickup #31-1938 BUGATTI TYPE 57C Special coupe. S/N 57335. Eng. # 340. Black & green/tan leather. Ettore Bugatti's own car, different from the Type 57 coupes, including the Atalante and Atlantic. Only three owners since the factory let it go in 1959. Unattractive color and the basic shape lacks the magic of its contemporaries. Replacement engine (albeit by the factory), paint chipped and cracked, trafficators appear bent from an attempt to open them up. Still a very sound car, with sparkling Owner: Jim Pickering, Auction Editor Purchase date: March 2009 Price: $3,000 Mileage since purchase: About 600 Recent work: Steam cleaned top and bottom (aided by forklift); sealed cab water leaks; pulled engine and replaced cylinder heads, cam, oil pump, and all gaskets; rebuilt carburetor; rebuilt starter; replaced clutch fan and belts; painted engine compartment, core support, grille, wheels, and rear bumper; serviced transmission; grumbled at transmission leak and clanky slipyoke in driveshaft. Growing up, my family always had old work trucks, so when my fiancé Kristina and I bought our first house this past March, I figured it was time to acquire something that could haul more than my Camaro or her Civic. Executive Editor Paul Duchene just happened to have an orange and white '72 Cheyenne Super he was willing to part with, as he had owned it for twelve years and figured it “would continue to live” if he sold it to me. Deal. Duchene had simply come to terms with the things it needed: He didn't hassle it, it didn't hassle him. It wasn't afraid to hassle me, however, starting with a sticky starter that cranked relentlessly until I was able to get the battery disconnected. My background as a mechanic immediately got the best of me and after fixing that, I set out to hunt down the chug it had at idle, which turned out to be three bad valves and a flat camshaft. My dad just happened to have a set of fresh small-block heads ready to go, and we talked each other into just pulling the engine out of the truck, “to make it easier.” Now it runs great, but it still has a list of things I won't be able to stop myself from fixing, and Dad's already talking about pulling out the dents and repainting it. ♦ engine compartment, clean interior, and evidence of long-term care. Cond: 2+. SOLD AT $1,375,000. The buzz held that the “Bugatti's Own” connection could push this car as high as $10m, but when it crossed the block it took very heavy lifting to get it to its final price. The provenance was faultless and appeared 100 percent complete, but when it came down to it, this was an unattractive car in a fairly ghastly color. As history, well bought. As a car, very well sold. See the profile, p. 38. #122-1957 FACEL VEGA FV2B convert- ible. S/N FV2B56108. Black/black canvas/red leather. 354-ci V8, 2x4-bbl, auto. Powered by a Chrysler Hemi. One of 11 FV2 convertibles, of which five are known to exist, and the only one in the U.S. Long-time California car, restored some years ago. Still superb paint and panel fit, trim more casually attached, chrome and glass good, leather and carpet nice. Very impressive SS and SSK to baroque Special Roadster 500/540K. Spare and handsome and very well proportioned, clearly the recipient of a painstaking restoration. Superb paint and plating, well fitted leather interior, new tires, dual rear spares. Spotlight mirror crazed, rumble seat chipped, mud scrapes mounted to running boards. Cond: 1. SOLD AT $1,078,000. The definitive 380, of which there were only 150 all told. Likely to be welcome anywhere and a serious concours contender. Disappearing top is a pleasant novelty for European convertibles, most of which appear to be carrying a mattress when the top's down. More elegant than the “Gotterdammerung” Special Roadsters that followed. This price may seem cheap in a few years' time, after some key awards. #169-1955 MERCEDES-BENZ 300SL Gullwing coupe. S/N 1980405500128. Eng. # 1989805500104. Silver/red leather. Odo: 130 miles. Excellent restoration of landmark sports car. Exacting paint, plating, and panel fit. Early European market car with small bumpers and taillights, Rudge knockoff wheels, fitted luggage, and complete set of belly pans. Excelsior racing tires, radio delete, red leather. Paul Russell-maintained. Cond: 1. SOLD AT $544,500. According to the catalog, the dash, appears correct underhood. Extensive history file included, along with Greenwich and Pasadena concours awards. Cond: 2+. SOLD AT $231,000. Way under its $350k–$450k estimate, this was well bought. Especially compared with lot 50, the 1962 Facel II coupe at $203,500. That car was just about perfect—but this is the only Facel convertible in the U.S, and for only $30k more. The color does the car no favors, completely lacking joie de vivre. GERMAN #149-1934 MERCEDES-BENZ 380 Sport roadster. S/N 103365. Eng. # 103365. Silver/black canvas/red leather. 1934 Berlin Auto Show car. Sindelfingen designer Harold Ahrens's one-off transition from barebones 70 mystery about this car is who restored it and when—about the work there is no doubt. 300SL roadster prices are coming on strong—witness $561,000 paid for the ex-Natalie Wood car, lot 89 —and while some of that must be celebrity ownership, this car seemed like a bargain. SCM has speculated on a $1m Gullwing in the future, but that will take complete provenance. The new owner of this car should hire a good reporter to investigate this car's history. He might be very pleasantly surprised. ITALIAN TOP 10 No. 3 #139-1933 ALFA ROMEO 8C 2300 drophead coupe. S/N 2311214. Eng. # 2311214. Blue & maroon/dark blue canvas/dark red leather. RHD. Odo: 3,970 km. Coachwork by Castagna. Superb Paul Sports Car Market

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Gooding & Company Pebble Beach, CA TOP 10 No. 9 #117-1954 FERRARI 500 MONDIAL Series I roadster. S/N 0418MD. Eng. # 0506MD. Rosso Corsa/tan leather. RHD. Scaled-down version of the fearsome 375MM. 1954 Mille Miglia team car, also raced successfully in South America and the U.S. Several restorations, correct Mondial engine sourced after the first was worn out. Four appearances in Mille Miglia Storica and multiple concours awards. History fully documented Russell restoration of one of the most desirable supercharged DOHC 8-cylinder Alfa Romeos, with sophisticated convertible coupe body. Profoundly complete history, with trophies proving its correctness. Superb paint, plating, and interior. Really can't be faulted and a world record at auction for an Alfa, narrowly beating a $4,072,500 1937 8C 2900 cabriolet at Christie's Pebble Beach sale in August '99 (SCM# 15680). Cond: 1. SOLD AT $4,180,000. Rather conservative, compared to contemporary Zagato roadsters, but very well proportioned and imposing with the top down, like a slinky Bentley 8-liter. Unusual colors were rather gloomy, but buyers were undeterred and bidding was fast and furious. Exceptionally complete history surely helped, along with impeccable credentials of all involved. New owner should be happy, but he'd better watch out for speedbumps, as the gas tank hangs down under the passenger's seat. #147-1938 ALFA ROMEO 6C 2300B Mille Miglia coupe. S/N 815092. Red/tan burlap. RHD. Odo: 17,818 km. Coachwork by Touring. Highly original car imported into Spain by an Italian diplomat during the Franco years, later “creatively registered” by a painter who kept it for 40 years. Remarkably complete, but apparently survived beyond the assistance of any dealer. Missing parts are reportedly included. Interior looks to be fabricated from burlap bags, Plexi windows cracked and falling by Marcel Massini. Presents beautifully, with excellent paint and panel fit, spectacular engine compartment, and some evidence of spirited use. Cond: 2. SOLD AT $1,540,000. How would you like to be welcome at any classic race or rally anywhere? Weighing only 1,600 lb and cranking out 170-plus hp, this is still a very competitive car in the right hands. Complete provenance and complete FIA and FIVA papers are icing on the cake. Besides, it's gorgeous, industrial art with a precise purpose. Expensive and worth every penny. See the profile, p. 32. #128-1954 ALFA ROMEO 1900 coupe. S/N AR190001089. Eng. # AR1306.09615. Red/gray leather. Odo: 40,411 km. Presents extremely well, despite quirky proportions and “lost grille.” Excellent paint and interior, some scratches on glass, chip on door, back bumper marked. One of nine Savonuzzi designs like this; no two were identical and this is the 1988. Returned from Japan in 1998, restored and won its class at Pebble in 2007, Cavallino awards in 2008. Superb paint, plating, and interior. Excellent panel fit, fresh interior. Cond: 1. SOLD AT $2,750,000. A very crisp restoration, helped a lot by the unusual and very attractive color combination. The initial impression was dazzling, and on closer inspection, the details were correct as well. This car had more snap than the SWB, and the difference in price exactly reflects the span in the SCM guide—both are at the lower end this year. In terms of the future, I call this well bought. TOP 10 No. 2 #135-1962 FERRARI 250 GT SWB California spyder. S/N 3163GT. Eng. # 3163GT. Silver/black canvas/black leather. Odo: 82,826 km. Originally delivered in Italy, then passed through the hands of many important U.S. collectors. Has been dark blue, red, yellow, and now silver with painstaking Paul Russell restoration. Multiple awards from Pebble and Cavallino, 2 FCA awards. Also has out. Paint job appears hasty Earlio Scheibio over dubious bodywork. Engine compartment looks to be complete and tidied up. Cond: 4. NOT SOLD AT $1,300,000. This car scared me, and I fell off my chair when $1.3m was rejected for it. There's an old rule of thumb in racing that says you can't do $1m of damage to a $1m car (repairs top out about $550k), but I beg to differ. When there are profound rust bubbles at the TOP of an A-pillar, things are not going to get better any further down. Interior had a high yucky factor. Bottom line: It's a 6C, not an 8C, and there's a big difference on the upside. 72 only 5-speed (though since it's column mounted, it could be fiddly). Cond: 4+. SOLD AT $170,500. Obviously restored with a fine eye for detail—another Michael Schudroff car. Essentially unknown until 2005, and bound to be welcome at numerous concours, since it'll likely be the first time anybody there has seen it. Reserve was set optimistically at $225k–$310k, but I'd say it sold right on the money. TOP 10 No. 5 #37-1958 FERRARI 250 GT LWB California spyder. S/N 0937GT. Eng. # 0937GT. Dark red/tan canvas/tan leather. Odo: 255 km. Early Cal Spyder with one-piece side vents, wrap-around bumpers, crackle finish dash and rare and useful hard top. Underwent engine switch in '70s but regained original motor in rare hard top. Hard to fault. Tricky silver paint is smooth and even, with one rock chip above right front wheel, plating excellent, interior on the money. Said to run strong and smoothly. Cond: 1. SOLD AT $5,115,000. If you've been wondering about the atmosphere in the penthouse lately, relax. This sale indicates it's still 75 degrees and sunny. As always, there's the best and the rest, and if you consider the $10m Cal Spyder sale in spring 2008 as an unrepeatable event, this SWB proves that all is well in the land of milk and honey. Right car, right price. Next question? #3-1964 FERRARI 250 GTL Lusso coupe. S/N 5399GT. Eng. # 5599GT. Rosso Corsa/tan leather. Odo: 23,956 km. Well-known car with complete history, including Ron Tonkin in Portland among 14 owners, according to Ferrari guru Mike Sheehan. Originally silver/black and with engine 5399. Painted red by 1978, engine replaced. Cosmetically restored in 1979 and 2004, now with tan interior. Superb paint and panel fit, one ding on driver's door. Lovely leather interior, scruffy engine compartment, beautiful plating and squeaky-clean wheels. Cond: 1-. SOLD AT $396,000. Lovely car with tons of eye appeal. Good clean history, with bare metal repaint three years ago. Reported as sold at $247k back in August '04 at RM's sale Sports Car Market

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Gooding & Company Pebble Beach, CA in Monterey. With all the work since then, the seller will likely break even, but the buyer gets a lovely car with no questions. Well bought even though it may take a while to turn a profit. #121-1966 LAMBORGHINI 400 GT 2+2 coupe. S/N 0403. Eng. # 0331. San Vicente Gray metallic/tan leather. Odo: 535 km. The first of 247 made and the Geneva Motor Show Prototype. Also the 1966 sales brochure subject, then in blue. Superb paint, plating, glass, and rubber. Dead straight body, amazing dash, lovely interior. Ex-Tom Shaughnessy and subject of a $250,000 restoration in 1994, freshened down in value significantly. That said, the car was estimated at $900k–$1.2m and sold for $750,000 so the new owner must be very happy. Well bought. #165-1933 CHRYSLER CUSTOM IMPERIAL Series CL Dual Cowl phaeton. S/N CL1349. Eng. # CL1349. Two-tone red/ tan canvas/cream leather. Odo: 51,070 miles. Coachwork by LeBaron. Five owners, complete records. Matching-numbers car, ex-Blackhawk Collection. 1985 Rose Parade Grand Marshal Car, just won AACA Junior First. Paint excellent, with some cracking around the trunk, plating superb, light wear to leather interior. Fitted with Pilot-Ray turning driving lights. One of 27 through poverty-stricken engineer and ACD president Jerry Gebby, who raced the car up Pike's Peak in the '50s, to Duesenberg expert Randy Ema, who restored it in the 1980s. Still spectacular in every regard. Slight scratches on dash from keys. Cond: 1. SOLD AT $3,300,000. An enormous piece of automobile history—literally—and it takes something special to stand out among Duesenbergs. Strong price proved once again that originality and excellence—plus a cracking good story—are the elements that define the pinnacle of the collector car market. Well bought, and let's hope it doesn't disappear into some climate-controlled coffin. #23-1938 BUICK LIMITED SERIES 80 opera brougham. S/N 83486795. Dark blue & basketweave /blue leather & cloth. 1938 Paris Salon car. Blindingly elegant in a Cruella de Vil sort of way and winner of awards at Pebble Beach, Meadow Brook and Amelia Island. Expert restoration by Fran Roxas in the early '90s still holding up well. Paint, plating, and in 2007. Pebble Beach and Concorso Italiano winner and invited to Villa d'Este in 2007. Cond: 1-. SOLD AT $319,000. A benchmark car that absolutely glowed. Bidding may have been dampened somewhat by the announcement of substantial frame repairs, but at least one smart buyer said “so what?” and the car sold for mid-estimate. Fully documented, and if you wanted one of these, this was the one to have. Well bought. AMERICAN #34-1932 PACKARD 904 CUSTOM EIGHT convertible Victoria. S/N 194009. Eng. # 194018. Black/black canvas/Dove Gray leather. Odo: 147 miles. Coachwork by Dietrich. Sold new on Park Ave., NYC, and one of four in this body style. Complete provenance since the 1950s, owned by noted collectors Otis Chandler (twice), John Mozart, Matt Browning, and Otis Booth. Essentially immaculate, with superb paint, interior wood, leather, and plating, Pilot-Ray turning driving lights, spotless engine compartment, tasteful blackwall tires. Cond: 1. SOLD AT $750,000. The gold standard in Packards, with imposing presence and paint like a black mirror. This series is considered to be Dietrich's high-water mark by many, and it's hard to see it ever going 74 survivors of only 36 built. Cond: 2+. SOLD AT $297,000. The most important Chrysler classic, with impressive presence and memories of “Great Gatsby” summer days. This body style has been reproduced many times on sedan chassis, so a real car is a treat. A reproduction on a sedan chassis netted $275,000 at BarrettJackson in Scottsdale in January 2009 (SCM# 119330), so a real car for $22k more must be judged a screaming deal. TOP 10 No. 4 #130-1935 DUESENBERG SJ Prince M'Divani roadster. S/N 2596. Eng. # J509. Maroon/tan canvas/tan leather. Odo: 54,340 miles. Superb one-off roadster by Everett Miller, perhaps the only “2nd generation” Duesenberg design by Bohman & Schwartz which was not modified from an earlier body. Complete history, from original owner “Count No Account” Serge M'Divani, who was given the car by Barbara Hutton, interior hard to fault. And it's a Buick so you can buy parts at NAPA—except you won't have to. Cond: 1-. SOLD AT $506,000. Last seen at RM's Amelia Island sale in March '04, where it sold at $275,000 (SCM# 32714). Originally belonged to Countess Max de Polska (aka Sandra Plankinton) who used it to commute between Long Island and Palm Beach in the 1940s, despite the fact it has no provision for luggage. I guess the luggage followed by train. More than double its pre-sale low estimate of $200k—but I'd have bought it in a heartbeat. The real thing, and made a similarly styled 1937 Rolls-Royce (lot 69) look very stodgy. #74-1951 OFFENHAUSER BLUE CROWN SPECIAL Indy racer. S/N M10108A206L072688. Blue, white, & red/red leather. Perennial twin-cam Offy-powered Indy car contender which ran competitively for 13 years, until the advent of rear-engine racers. Ran in 95 championship races and amassed 6,911.6 points—a record which is unlikely to be equalled. Driven by Henry Banks, Duane Carter, Jim Rathman, Jim Hurtubise and many others. Wasn't actually retired until the mid-1970s. Sports Car Market

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Alfa Bits Recent Il Biscione sales on eBay by Geoff Archer (All English within quotes exactly as presented by sellers on eBay.) #230344541139-1961 ALFA ROMEO GIULIETTA racer. S/N N/A. Two-tone blue/black vinyl Kirkey seat. 13 Photos. Pittsburgh, PA. “This car has been a race car it's whole life. Unlike other Alfas this car has it's original sheet metal as it has never been a daily driver. Has an SCCA, HSR, and SVRA log book and is ready to go to Sebring with HSR and SVRA. Please note that this is not a show car, it is a race car but with good paint and ready to race. The car has a 1300cc motor installed Rebuilt and restored by Don Lyons to as-raced condition, with the help of its original designer, Lujie Lesovsky. Cond: 2. SOLD AT $110,000. An amazing piece of Indycar history, now restored to its 1951 colors. Once the new owner has mastered it, he'll be welcome at any event for which it qualifies. And if he doesn't win, he can't blame this old warhorse, which is surely the equivalent of a 40-year-old hunting dog and a roaring testament to fine design and quality construction. I'd almost have bought it just to sneak out and wake up the city now and then. #105-1951 LINCOLN COSMOPOLITAN convertible. S/N 51LP15244H. Maroon/tan cloth/tan leather. Odo: 52,107 miles. One of 857 built and one of 19 known to survive. Smooth paint, expert bodywork, trim surely N.O.S., nice upholstery. Fitted with power windows and seats. Driver's window scratched (from a ring?), paint chipped where doors strike. A year-long project by Mark Barker of Wayne, in it and it has a great 5-speed box that helps to keep you out in the front of those pesky Sprites.” 1 Buy-It-Now bid, sf 28 bf 286. Cond: 3+. SOLD AT $12,000. Serious racers know enough to take any recent purchase down to bits and put it together again before risking life and limb on the track. Even when budgeting a couple grand for whatever one might find in that process, this seemed like a fantastic deal on a current, log-booked, and interesting Sprite alternative. Quick and dirty presentation might have left five figures on the table. #110313898493-1968 ALFA ROMEO GTA 1300 Stradale 2+2 coupe. S/N AR775946. Red & white/black vinyl. Odo: 11,578 km. 11 Photos. Greeley, CO. One of about 500. “Aluminum shell and body panels all straight and in very good order. Paint work is also extremely good with nice detailing on the hood and front wings which are adorned with new serpent and quadrifoglio (cloverleaf) emblems. MI, and from the Schudroff Collection. Cond: 2. SOLD AT $137,500. Benchmark restoration of rare car, but that being said, not a very desirable one. Giant slabs of bodywork were rather bland, and suspect door alignment would seem to raise questions about basic structural integrity. Perhaps rare and should be. Unless you are completing a Lincoln collection, this was well sold. Interior is in excellent condition. Fitted with optional limited-slip differential and Campagnolo magnesium (technomagnesio) wheels.” Stainless bumpers offered with the car, and engine claimed to “pull hard.” 31 bids. sf 88, bf 3838. Cond: 2+. NOT SOLD AT $91,322. Looks like it was a terrific example. Even so, this high bid could have been all the money in this economy. Seller probably should have taken it. #200374265856-1974 ALFA ROMEO 2000 GTV 2+2 racer. Silver w/race decals/black vinyl. 15 Photos. Calgary, AB. “This car came to me through an auction, so I have no history on it. I got it running, and used it for one vintage race event, and as our local race track is closing down at the end of this season I have decided to sell this car. (Do not consider this car as race prepared).” Has 3-gallon fuel cell and new $2k FIA bolt-in cage. Some rust and light damage to spare tire well. #66-1959 CHEVROLET CORVETTE Scaglietti coupe. S/N J59S102405. Red/tan leather. Odo: 27,930 miles. 283-ci 315-hp fuelinjected V8, 4-sp. The first of three Scaglietti Corvettes and the only red one, with fuel injection and a 4-speed. The brainchild of Texas oilman Gary Laughlin; with help from Carroll Shelby and Jim Hall, it took three years to finish. Dismantled and refinished in the 1980s and again recently, with excellent paint and body fit, good brightwork and spotless wires. Interior clean, though an armrest appears to have been removed and DIY luggage hooks are screwed into back deck. Cond: 2+. NOT SOLD AT $480,000. First seen at Barrett-Jackson's Scottsdale sale in January '98, where it failed to sell at $155,000 (SCM# 1088). Seen again in non-running state at Barrett-Jackson in Scottsdale in 2008 for $1.76m (SCM# 49099). Now freshened and running well, thanks to Corvette guru Kevin Mackay. Cond: 1-. NOT SOLD AT $1,200,000. Corvette Market analyst Michael Pierce wondered in print if the Rondine would have brought so much money in 2008 had it not been live on Speed, and perhaps this result bears that out. However, the Rondine looked spectacularly sharp at this venue and ran like a clock, and it IS one of one. Not the right venue this time perhaps, but I bet Schudroff will recoup his investment in the future. #78-1964 OFFENHAUSER DEAN VAN LINES Indy racer. S/N M10048A206L052305. White/black & white houndstooth cloth & vinyl. Eddie Kuzma's last front-engine Indy roadster, jump-started Mario Andretti's career in 1964. Rookie Andretti finished his first Champ Car race at Trenton, NJ, in 11th place and was 3rd at his next event. He drove the car in 1965 while waiting for a mid-engined car, scoring with two 2nds, a 4th and a 6th on his way to a national title. Don Lyons found it in 1990 and restored it—reuniting Andretti with the car for the IMAX film Super Speedway. In at Premiere's New York sale in November '99, this time unsold at $90,000 (SCM# 18268). Finally, seen at Russo and Steele's Monterey sale in August '02, then bid to a $230,000 no-sale (SCM# 28981). Slightly odd looking, with a longer wheelbase than you'd expect. Appears to grapple with the same problems as Cobras—bound to be fast but noisy and unforgiving. Estimated at $600k–$800k, but ran out of gas before that. Money was enough. #143-1963 CHEVROLET CORVETTE Rondine coupe. S/N 30837S103720. Eng. # 3103720. Turquoise/cream leather. Odo: 3,690 miles. 327-ci 360-hp fuel-injected V8, 4-sp. The only steel-bodied Corvette, designed by American Tom Tjaarda while at Pininfarina. Rear treatment reappeared on his Fiat 124 Spyder design three years later. In Pininfarina's possession for 45 years, then bought by Michael Schudroff 9 bids, sf 232, bf 71. Cond: 4+. SOLD AT $5,000. Vintage racing is not a sport to be enjoyed on a shoestring. If budget laps in a period sedan appeal, then get a well-prepped Datsun 510 (for 3x this bid). A rusty, leaky, old Alfa that the seller insists is not race-prepped... well, that's just an enigma—and one that was probably bought to be cannibalized for its bolt-on goodies. Fair price if that was the plan. 76 Sports Car Market

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Gooding & Company Pebble Beach, CA 1965 “as raced” condition. Cond: 2. SOLD AT $231,000. Race cars can be a tough sell, but the Andretti connection made this one a sound investment. Much roomier and easier to drive than the older Blue Crown Indy car, this car should have a good vintage career ahead of it. It's a proven winner and the more it's seen, the more history it will gather... and the more it will sell for next time. Rather well bought. #114-1966 SHELBY COBRA 427 S/C roadster. S/N CSX3285. Silver/black leather. Odo: 26,132 miles. 427-ci V8, 4-bbl, 4-sp. Relatively complete history since 1973 but stored for 20 years. Barn-find condition with shabby interior, dull paint, ancient tires, pitted chrome. The subject of a misdirected upgrade to S/C with 428 replaced by Holman & Moody 427, chrome roll bar, and Holley 750. Used in the filming of “The Hollywood Knights” in the Ford's management consigned it to the scrapheap. Amazingly, it survived, and luckily, Don Lyons bought it. An important piece of history, even if it is impossible to get in and out of, as Auctions Editor Jim Pickering found out. Must have been impossibly hot and cramped to drive. What's it worth? It's the only one, so I'd say well bought. #160-1966 CHEVROLET CORVETTE coupe. S/N 194376S108199. Eng. # T11291P6108199. Honduras Maroon/tan vinyl. Odo: 15,642 miles. 427-ci 425-hp V8, 4bbl, 4-sp. Elliott “Chip” Miller car, considered one of the best original Corvettes in existence, and part of Schudroff Collection. Part of the Bloomington Gold Special Collection, numerous NCRS awards. Complete records, chassisonly restoration by Kevin Mackay. Body seams visible under paint, which has been lightly massaged here and there. Interior may be the ago and came across an interesting trend. With the exception of a half dozen rare Hemis, almost all $100k-plus Challenger prices were no-sales. Further examination indicates this price is not far off the muscle car market high point for prices actually paid. #123-1971 OLDSMOBILE 442 convert- ible. S/N 344671M183468. Viking Blue & white/white vinyl/white vinyl. Odo: 24,591 miles. 455-ci V8, 4-bbl, auto. $130,000, twoyear restoration of one of 1,304 1971 442 convertibles. Ram Air W25 hood, console, AM/FM, power steering, power brakes, as well as many documents and build sheet. Paint, plating, and interior excellent, but trunk panel seams have been filled in. Another Michael Schudroff car. Cond: 1-. SOLD AT $104,500. The problem with one man's dream car is that it may not be early '80s. Consigned to storage in 1989. Cond: 4. SOLD AT $572,000. After 20 years the new owner gets to start all over, as this car cannot turn a wheel in anger until then. As such, $572k seems like a lot of money for a car which had better be rebuilt and fettled before it's driven hard. As a buyer, I'd rather it had been a turnkey 428 driven regularly; even when it's back to scratch, it's still going to be a car with a story. It's one thing to be raced, with competition history, it's another to be a poseur's dream. Well sold, and only time will tell if it's well bought. #80-1966 FORD SUPER MUSTANG dragster. S/N M10058A206L052305. White & blue/black vinyl. Historic Ford dragster built by the same designers who came up with the original pony car. 427-ci Cammer engine gave quarter-mile time of 8.6 seconds at 180 mph. best original extant. Still sitting on Goldline Goodyears, three of which are original. Original knockoff wheels and bumpers. Cond: 2. SOLD AT $143,000. Has immense presence that's all the more apparent the closer you look. Benchmark car, really can't be faulted due to originality and correctness. Considering that high book in the SCM guide is $125k and this is agreed to be THE best one, $143k seems like a bargain. Unless you know the new owner, I'm guessing Bloomington Gold will be the only place to see this car from here on. Well bought, but it'd be awfully tempting to drive it. #54-1970 DODGE CHALLENGER R/T convertible. S/N JS27U013173027. Sublime Green/black vinyl/black leather. Odo: 70,456 miles. 440-ci V8, 4-bbl, auto. Body-off restoration of matching-numbers car ordered new by Dodge executive Ann Gordon. The most highly optioned E-body known. Fitted with a/c, performance axle, AM/FM 8-track, gauge package, somebody else's, and it's divorced from price guides and estimates. This sold way below the $150k–$200k estimate, but it was still far above what you'd expect for a car that isn't a W30 or W31 and doesn't have a/c or a 4-speed. If the new owner drives it for a couple of years, it'll be a $35k car and he'd better have enjoyed it. I'd say very well sold indeed. #141-1971 CHEVROLET MONTE CARLO 2-dr hard top. S/N 1385711523730. Eng. # T0210CLA711523730. Fathom Green/ black vinyl. Odo: 1,417 miles. 402-ci V8, 4-bbl, 4-sp. Matching-numbers car with one long-term owner, excruciatingly complete records (gas, oil, date, mileage from day one) and subsequent over-the-top restoration by a father/son team. Hard to fault paint, interior, plating, and engine compartment details—but Connie Kalitta tested it, Tom “The Mongoose” McEwen drove it in its only appearance at the NHRA Winternationals in 1967. Mickey Thompson owned it until his death in 1988. Don Lyons found it and restored it in 2003. In “as raced” condition. Cond: 2+. SOLD AT $154,000. A significant 1960s dragster that made the cover of most hot rod magazines when it was new. One race and a change in November 2009 power steering, power brakes, power windows, power top, luggage rack, and pedal dress-up kit. Original sticker plus Galen Govier confirmation. Dismal panel fit, trim scuffed, taillights scuffed, some light dings. Cond: 2-. SOLD AT $77,000. I started out thinking this car was a screaming deal at $77k, so I went back into the records to see if it would have brought more three years you don't score points for over-restoring a Corvette, either. Cond: 1-. SOLD AT $60,500. First-generation Monte Carlos exist in noman's land, except for a handful of SS models with 4-speeds and LS5 motors—which this is not. This car defines the term labor of love; I'm guessing the restorers worked for ten cents an hour. The price is undoubtedly the most anybody's paid for a Monte Carlo (by a factor of two or three, according to SCM records) but the new owner might as well drive it, or start collecting local show trophies. Just like racing: First, start with the right car. ♦ 77

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RM Auctions Monterey, CA The Nick Alexander Woodie Collection and Sports & Classics of Monterey Star of the auction was a 1952 Jag C-type Phil Hill raced. It was driven across the block by his son Derek to the delight of the packed house Company RM Auctions Date August 13–15, 2009 Location Monterey, California Auctioneer Peter Bainbridge Automotive lots sold / offered 206/239 Sales rate 86% Sales total $35,522,600 High sale 1952 Jaguar C-type, sold at $2,530,000 Buyer's premium Ex-Phil Hill C-type brought $2.53m Report and photographs by Carl Bomstead Market opinions in italics R M Auctions offered 52 of the country's finest woodies from the Nick Alexander Collection in conjunction with their annual Sports & Classics auction held at the Portola Hotel in Monterey, from August 13 to 15. They sold Thursday evening at no reserve, and there was a great deal of speculation regarding what the impact of so many quality woodies being offered at one venue would be. Those who expressed doubt were definitely mis- taken, as they all sold for close to or exceeding their high estimates. The top sale from the Alexander Collection was a very rare 1946 Mercury Sportsman convertible that reached $368,500. A total of five Sportsman convertibles were offered, and all sold for solid numbers. The final total for the Alexander Collection alone was $7.25m, which was very respectable indeed. The Friday and Saturday evening portion of RM's auction featured the usual selection of exceptional examples of sports cars, race cars, and classics, with a few oddities, such as a 1952 Cushman Ice Cream cart and a Porsche Junior tractor, included for a little diversity. Three cars joined the Million-Dollar Club and four were bid to that level but failed to meet their owners' expectations. The star of the auction was a 1952 Jaguar C-type 78 (profiled on p. 36), which Phil Hill raced with success in the U.S. during the 1952 season. It was driven across the block by his son Derek to the delight of the packed house and realized a record-breaking $2,530,000. Twenty-three Ferrari's were offered, with 17 finding new homes. Those that sold ranged from a very nice 365 GTB/4 Daytona Spyder at $880,000 to a 1981 440i 2+2 that got you in the club for only $30,250. The 1953 166 MM reached $1,100,000, and an Enzo was bid to a cool million, but neither bid was deemed satisfactory. For a number of cars, this was not their auction debut. Several had been seen at earlier RM auctions and at other venues. For the most part, the second time around was not financially rewarding, as the final bids were less than had been refused earlier. This was the case for the 1956 Nash Ambassador Custom sedan that had been acquired at RM's Art Astor sale in June 2008 for $49,500. Offered here, it sold for less than half that, with the owner not only taking a severe financial hit but only driving it 22 miles while in his ownership. The adage that “you never pay too much, just buy too soon” does not always apply, especially when you throw silly money at a not very desirable car. All in all, the folks at RM's headquarters in Ontario, Canada, should be smiling, as there were few signs of a recession in the De Anza Ballroom, and $35.5m through the door is nothing to sneeze at. ♦ $10m $20m $30m $40m $50m Sales Totals 2009 2008 2007 2006 2005 10% ,included in sold prices Sports Car Market

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RM Auctions Monterey, CA ENGLISH #539-1937 ROLLS-ROYCE PHANTOM III Henley roadster. S/N 3CP18. Eng. # S98J. Yellow & black/black fabric/black leather. RHD. Odo: 36,223 miles. Coachwork by Brewster/Inskip. One of 727 Phantom IIIs built between 1936 and 1939, and of them, this is the only Henley roadster. Very original, respray in the 1950s. Very early CCCA First. Striking styling. Cond: 1-. SOLD AT $632,500. A rare car that was restored to a high standard. Price paid was at the upper range of the estimates, but it was still well within reason. Well bought and sold. #576-1950 JAGUAR XK 120 Alloy road- Well maintained, with the issues expected of a mostly original car. Paint cracked with blisters on hood, leather cracked, wood in very nice condition. Elegant presentation. Cond: 3. SOLD AT $605,000. It would be a shame to restore this, as it was a low-mileage unique car loaded with original features. I'd say this Phantom III was well bought, as it was fitted with an attractive one-off body and was complete with documented history. #553-1938 JAGUAR SS 100 3½-Liter roadster. S/N 39032. Dark blue/blue canvas/red leather. RHD. Odo: 23,531 km. Owned by the Keno family since 1969. Engine replacement in '60s. Recent respray to a high standard, new red leather interior shows no wear. Brightwork California history. Cond: 2. SOLD AT $264,000. An alloy roadster with full documentation. When offered in this condition, these sell in this range, so there should be no issue with the price paid. TOP 10 No. 6 #554-1952 JAGUAR C-TYPE roadster. S/N XKC007. Eng. # E10098. British Racing Green/tan leather. with minor blemishes. Early photos of car included. Completed the 1998 1,000-mile Louis Vuitton China tour. Strong presentation. Cond: 2+. SOLD AT $341,000. Antique Roadshow connection added a bit here, as this SS 100 sold for strong money. An attractive car that was well refurbished, so the premium paid will soon be forgotten. #536-1939 LAGONDA LG6 RAPIDE drophead coupe. S/N 12348. Eng. # 453R/S4. Black/cream leather. RHD. Odo: 86,030 km. One of only six LG6 Rapides built, known ownership from new with build sheet and restoration invoices. Restored in 2000 and shown at Pebble, Villa d'Este, and the Louis Vuitton Classic. Supple leather interior with wonderful wood dash. Paint and brightwork in good order. 80 RHD. Odo: 763 km. First C-type delivered to the U.S. First raced by Phil Hill. Restored in the mid-'80s, numerous awards since. Still very presentable, with minor trim and paint issues. Fully documented since new, with numerous photographs included with the sale. A significant C-type with wonderful history. Cond: 2. SOLD AT $2,530,000. Driven across block by Phil Hill's son Derek. A record for a C-type ster. S/N 670155. Dark blue/black fabric/red leather. Odo: 5,715 miles. The 155th of 182 alloy-bodied LHD XK 120s built before Jaguar switched to steel construction. Equipped with Marchal headlamps, Rubergel wires, and “Brooklands” steering wheel that are thought to be original. Quality restoration still shows well. Underhood evidence suggests it was once equipped with Wade supercharger. Interesting and rightfully so. Expensive, but it's the only one with this history, and it'll be welcome at any automotive event around the world. See the profile, p. 36. #510-1952 NASH-HEALEY LE MANS roadster. S/N 2241. Cream/red leather. Odo: 168 miles. A collaboration between Nash and Donald Healey with an Italian body. One of 150 built. Fitted with larger 252-ci engine that was available late in 1952. Older restoration with recent mechanical work, numerous paint issues include cracks and chips, dash panel signed by Donald Healey. Cond: 2. SOLD AT $88,000. Last seen at RM's Monterey sale in August '06, where it sold for $74,250 and was stated to be well bought (SCM# 42784). I'm willing to bet the recent work was $10k, so the owner broke about even after owning the car for three years. All in all, not a bad investment considering today's economy. TOP 10 No. 7 #562-1955 ASTON MARTIN DB3S roadster. S/N DB3S104. Almond Green Metallic/green plaid fabric & leather. RHD. Odo: 14,157 km. One of 20 customer DB3Ss built, and one of the three Kangaroo Stable cars. Body changed in the '60s, thought to have had at least one engine block change—but it's now with the correct VB block, so it's claimed to have matching numbers. Cracks and scratches in windshield, gentle patina to seats and paint. First in class at The Quail in 2007. Cond: 2. SOLD AT $1,980,000. Impressive history and stated to be “least crashed” of the Kangaroo Stable cars. With only 31 manufactured, how much is too much to pay? All things considered, this appears to be on the money. FRENCH #544-1938 TALBOT-LAGO T120 road- ster. S/N 92007. Black/tan fabric/red leather. RHD. Odo: 6,759 km. Striking one-off body by Brandone of Cannes. Wilson pre-select transmission, Figoni patented grille installed. Sports Car Market

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RM Auctions Monterey, CA detail. Cond: 2. SOLD AT $28,600. The slowest Porsche is just the thing to round out your collection of 356s and 911s. If nothing else, this would make a heck of a conversation piece for not a whole lot of money. Big money for a Junior, the smallest of the range. Can be a thin market on resale, but you can always use it to mow the lawn (although the single cylinder is quite loud). #531-1960 MERCEDES-BENZ 300SL Interesting door panel detail, excellent wood. Minor nick in chrome on right window frame. Elegant graceful styling. Cond: 1-. SOLD AT $900,000. Sold for well under the $1.25m to $1.5m estimates, so I'll call this one well bought. It's never been shown, so I hope we'll see it next year at Pebble. GERMAN #591-1957 BMW ISETTA 300 coupe. S/N 510178. Light blue & white/light blue & white vinyl. Odo: 49 miles. Developed by Rivolta's Iso works and licensed by BMW. Refrigerator front door. U.S. examples are four-wheeled and adds about $25k to the value. Cond: 3. NOT SOLD AT $460,000. The price bid should have sealed the deal, considering the less-thanstellar condition of the car. In better condition, a $100k bump would not have been unreasonable. Not all appreciate the Euro headlights, and that may have held back the bidding here. ITALIAN include sunroof for emergency exit. Extensive restoration in 2004 has been well maintained. The “rolling egg.” Cond: 1-. SOLD AT $46,750. This was an exceptional example of an Isetta, and it sold for all the money. Strong examples have been selling well, but this raised the bar another notch. #501-1959 PORSCHE MODEL 108 Junior tractor. S/N K6039G. Red/yellow vinyl. Porsche tractors were first produced by Dr. Porsche in 1934, and production continued until 1963. The Junior was the smallest of the four tractors Porsche offered. One-cylinder air-cooled diesel engine. Very nice restoration, with excellent paint and much attention to #529-1952 FERRARI 225S Sport berlinetta. S/N 0168ED. Red/brown leather. RHD. Odo: 4,098 km. One of six 225S competition berlinettas produced by Vignale, all a touch different. Known ownership, American racing history with an 8th at 1953 12 Hours highly original Lancia. Cond: 2. SOLD AT $132,000. I'd hope the new owner maintains this with the same care as the previous owners. It would be a shame to “restore” it. Price paid was in line with expectations, so all should be happy here. #588-1966 LAMBORGHINI 400 GT spyder. S/N 01267. Silver-blue/blue Haartz canvas/beige leather. Odo: 5,267 miles. A Spyder created in the '90s from a 400 GT 2+2. One of only 247 400 GTs produced. Fitted with Borrani wires and Nardi steering wheel. Very nice interior, decent paint with minor issues. roadster. S/N 19804200263910. Blue/blue/ gray leather. Odo: 924 miles. Older restoration is aging. Windshield delaminating, leather seats show signs of use. Swirls and minor nicks in paint. Euro headlights, both tops. The roadster is heavier than the Gullwing, but has 10 additional horsepower. No luggage, but hard top cabriolets produced between 1959 and 1962. May have been owned by Today Show host Dave Garroway, restored in 1998 by RM. Paint cracking, decent brightwork, very nice interior. Fitted with Borrani wires. Well maintained. Cond: 3+. SOLD AT $385,000. Last seen at RM's Meadow Brook sale in August '00, where it failed to sell at $151,250 (SCM# 10536). Series IIs are a good value compared to a Cal Spyder. This example sold for market-correct money considering the condition, so all should be happy. #335-1962 LANCIA FLAMINIA Sport 3C coupe. S/N 824133287. Newmarket Grigio/red leather. Odo: 49,802 km. Ownership known from new. Older respray, recent mechanical restoration. Zagato “Double-Bubble” roofline. Factory interior has soft patina. A delightful of Sebring and 1st at the 1955 Cuban Grand Prix. 250 GT engine installed. Recent engine work, same ownership for the past 38 years. Original tool roll. Well maintained. Cond: 2-. SOLD AT $781,000. Numerous photos document this one's history. It'll be welcome at any historic racing event or tour, and the price paid was in line with expectations, so all should be pleased. #522-1959 FERRARI 250 GT Series II cabriolet. S/N 1865GT. Maroon/black fabric/tan leather. Odo: 95,623 miles. Coachwork by Pinin Farina. The 29th of 201 Series II 82 Love-it-or-leave-it styling. Cond: 2. SOLD AT $154,000. Decent 400 GT 2+2s bring about $150k–$200k, so this conversion was in line with the cost of its donor car. That being said, there will be lots of explaining to do at the next Italian car show. Sports Car Market

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NOW AVAILABLE: Keith Martin's Guide to Car Collecting, Second Edition Keith Martin's Guide to Car Collecting, Second Edition, will be your one-stop resource for collecting. The updated edition includes over 300 pages of insider information about the collector car market, with tips and insights you simply won't get anywhere else. It includes everything, from the top 1,000 prices of collectible cars, to collector car legal advice, to picking out your best first Ferrari or Porsche. It's a must read. The new publication will not be available in bookstores until November at the earliest. The first edition of Keith Martin's Guide to Car Collecting sold out completely. If you order from SCM, your book will be shipped by priority mail WITHIN 24 HOURS of the receipt of your order. Keith Martin's Guide to Car Collecting, Second Edition: $30, including priority shipping anywhere in the U.S. ($40 outside the U.S.). A limited number of signed and numbered copies, from an edition of 250, are available. Includes instant digital download of the complete book. $45, including shipping anywhere in the U.S. ($55 outside the U.S.). To order, or to learn more about Keith Martin's Guide to Car Collecting, Second Edition, visit sportscarmarket.com/kmoc2 or call Mary Artz at 877.219.2605 x 204

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RM Auctions Monterey, CA #548-1973 FERRARI 365 GTB/4 Daytona spyder. S/N 17053. Red/black canvas/tan & black leather. Odo: 17,053 miles. One of only 121 Spyders built, with 25 done to European specs. Once owned by Lakers player Jerry West. Extensive restoration to the highest for parts. Presented at 1993 Laguna Seca Vintage Race. Shown at Pebble, Amelia Island, and Goodwood. Cond: 2. SOLD AT $600,000. The Miller V16 sold after crossing the block with a no-sale. The engine was designed for Miller's 1930 Cord, but ended up in the Indy car. Strong money, but a unique Miller with interesting history. #533-1935 DUESENBERG MODEL standard. Numerous awards. Comes with books and records, tool kit, and yellow polishing cloth. Little to fault. Cond: 1-. SOLD AT $880,000. With so many cut versions running around, it's refreshing to look at a real one. Price paid seemed fair for both parties, so all should be happy. AMERICAN #387-1930 CORD L-29 cabriolet. S/N 2928140. Eng. # FD3266A. Two-tone blue/tan canvas/powder blue leather. The first frontwheel-drive American car. Two owners in the past 70 years. Older restoration has been well maintained, including Deco interior trim. A few removed in '40s and reproduction added in 2003. Unique column radio, dual Pilot-Rays, dual taillights. Mild signs of use. Cond: 2. SOLD AT $1,430,000. First seen at RM's Oakland sale in August '03, where it sold at $825,001 (SCM# 31595). Last seen at Gooding's Palm Beach sale in January '06, where it was a no-sale at $820,000 (SCM# 40536). The seller picked up a cool half a million by not selling in a “strong” market and waiting for a recession. Price seems a bit aggressive, as Murphy coachwork is fairly prevalent, but the car has interesting history and has been well maintained. paint issues, but very presentable throughout. Top fit a bit off. Cond: 2+. SOLD AT $187,000. Driving an L-29 is an experience that not all view as positive. Considering the older restoration, the price paid was in line with the current market. The use of powder blue inside may have held things back a bit here. #523-1931 MILLER V16 racer. S/N N/A. Gray/black leather. The only V16 Miller race car built. Eight downdraft Miller-Adamson carbs. Raced in the 1931 Indy 500. Over the years the body and engine took on many faces, prompting an extensive restoration and search #571-1936 PACKARD TWELVE 2/4 Passenger coupe roadster. S/N 939232. Eng. # 904638. Black/tan leather/tan canvas. Odo: 12,727 miles. Excellent panel fit, paint shows signs of age. Restored in early '50s, awarded CCCA #53—one of earliest CCCA awards. Re-restored in the '80s and still SJ Disappearing Top convertible coupe. S/N 2406. Eng. # J-527. Dark Garnet Red/tan fabric/black leather. Odo: 33,554 miles. Born a Rollston Convertible Coupe, numerous body changes in era. Now fitted with striking Murphy coachwork. Supercharged SJ-527 engine installed in late '30s. Supercharger #574-1937 CORD 812SC Supercharged convertible coupe. S/N 23379F. Black/black leather. Odo: 1,989 miles. One of 64 equipped with a Schwitzer-Cummins supercharger. Received Level 1 ACD Club certification. Pre-select transmission. Paint buffed through on cowl, minor chips and stains elsewhere. Steering wheel chipped. Needs a lot of TLC. Cond: 3+. SOLD AT $236,500. Last seen at RM's Rochester sale in August '05, where it sold for $236,500 (SCM# 38799). It's only been driven 157 miles since, but they must have been hard miles, as its condition has deteriorated based on the report from that sale. ACD certification is a huge factor in determining the value of 812SCs, and that helped here, as the seller had the car for four years and got his money back minus fees and transportation—can't say that about all investments of late, can we? #156-1939 FORD STANDARD Woodie wagon. S/N 185186741. Black & wood/black leatherette/dark brown leatherette. Odo: 43,318 miles. Restoration finished a week before the auction. Excellent fresh paint with painted grille, which is correct for a Standard. Leatherette interior rather than leather. Excellent brightwork, Columbia 2-speed rear end. Fresh from the Alexander restoration shop. Cond: 1. SOLD AT $198,000. About as fresh as they come. Ready for awards at the next Dearborn event. This was serious money for a Standard, but I doubt if you could restore one to this level for less. #138-1942 MERCURY 29A Woodie shows well. Trippe lights, low mileage thought to be original. A wonderful tour car. Cond: 2-. SOLD AT $264,000. There were 682 V12s produced by Packard in 1936, but it's unknown how many were Coupe Roadsters. Less than ten are listed by the CCCA. Car could have brought another $25,000 without question, so I'll call this well bought. 84 wagon. S/N 99A466720. Black/black leatherette/tan leather. Odo: 2,403 miles. Dearborn Award in 2001, Second in Class at Pebble Beach in 2003. Maple frame with gumwood panels. Exceptional dash restored with burl walnut woodgrain. Clock fitted, radio delete. Columbia 2-speed rear end. Excellent paint and brightwork. Well maintained since restoration with only minor signs of use. From the Nick Alexander Collection. Cond: 1-. SOLD AT $209,000. Only 783 1942 Mercury Station wagons were produced. Few survived, and Sports Car Market

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RM Auctions Monterey, CA with radio, heater, grille guard, and windshield post spotlight. Complete restoration in 1988. Columbia rear end added. Well maintained with minor signs of use. From the Nick Alexander Collection. Cond: 1-. SOLD AT $275,000. A striking example of a desirable Sportsman. Strong money, but exceptional condition and an interesting history made it worth the price paid. none to this standard. An exceptional rare car that was worth the premium paid. #135-1946 MERCURY SPORTSMAN convertible. S/N 99A1140582. Navy blue & wood/black canvas/tan leather. Odo: 10,685 miles. Dearborn Award in 2004 with 994 points. Only 205 produced during eight-month production run in 1946. Optioned with clock and power windows, radio delete. History since new. Minor issues with paint from use, engine clean and tidy. A stunning rare Mercury Sportsman. From the Nick Alexander Collection. Cond: 1-. SOLD AT $368,500. It 99A1047689. Dark blue & wood/black leatherette/tan leather. Odo: 32,853 miles. Converted by Marmon-Herrington to four-wheel drive. Judged at 999 points with Dearborn Award in 2005. Body shows excellent fit with uniform gaps. Deep and luxurious paint has been well maintained. Wood is stunning, engine highly detailed. Nothing to fault here. From the Nick Alexander Collection. Cond: 1. SOLD AT $247,500. This Marmon-Herrington woodie sold at a premium, but it was a well-deserved premium. This was an outstanding example, and the new owner paid to own the best. Far from silly money considering its outstanding condition and rarity. #374-1947 CHRYSLER TOWN & COUNTRY 4-dr sedan. S/N 71000425. Blue & wood/burgundy leather & fabric. Odo: 100 miles. Six-cylinder T&Cs were based on the Windsor series, and eights on the New Yorker. Restored to a high standard with attractive is thought that less than a handful of these remain, and it's doubtful that any others have been restored and maintained to this standard. Expensive, but this had it all, so there should be no issue with the price paid. #141-1946 FORD SUPER DELUXE Sportsman convertible. S/N 99A1236365. Slate Gray Metallic & wood/black canvas/red leather. Odo: 268 miles. Received 999 points and a Dearborn Award at the Temecula meet in 2007. Well maintained since. Excellent paint in unusual color, fresh interior with heater and wood and excellent paint. Scratches on fenders. Fitted with radio, clock, and heater. One of about 4,000 sedans produced between 1946 and 1948. Cond: 2. SOLD AT $121,000. As the CCCA continues to discuss the status of these, they continue to sell for strong money. This seems to be the market-correct price for a well-presented sedan, with values now having caught up to those of the convertibles. clock. Excellent fit and finish on new body. One of only 1,209 Sportsmans built in 1946. From the Alexander Collection. Cond: 1-. SOLD AT $242,000. Five Sportsmans were offered, and this example sold in the middle of the group, with the $368k 1946 Mercury at the top. The exceptional quality of the restoration places it in the well bought column. #154-1946 FORD SUPER DELUXE Marmon-Herrington Woodie wagon. S/N November 2009 85 #125-1948 FORD SUPER DELUXE Sportsman convertible. S/N 899A2064609. Maize Yellow & wood/tan canvas/tan leather. Odo: 82,389 miles. Thought to be the last Sportsman produced. Interesting history from new, including several trips across the U.S. as well as a theft and subsequent recovery. Fitted #555-1961 CHRYSLER 300G convertible. S/N 8413197153. Mardi Gras Red/black vinyl/ tan vinyl. Odo: 24,701 miles. 413-ci V8, 4-bbl, auto. Recent thorough restoration to a high standard. Impressive paint with minor swirls, excellent brightwork. Trunk fit high at corner, other panel fit OK. Equipped with power steering, power brakes, power windows, and power top. Wedge-head V8, swivel buckets. A striking car. Cond: 2+. SOLD AT $96,250. First seen at Seroka's West Palm Beach sale in December '91, where it failed to sell at $42,500 with 23,000 miles on the clock (SCM# 3935). Seen again at The Worldwide Group's Seabrook sale in May '09, where it failed to sell at $115k (SCM# 120359). I'd put this in the well bought column, as another $10k–$15k would not have been out of line considering the condition and curb appeal. A lot of flash for Saturday night cruising. #373-1968 SHELBY GT500 KR fastback. S/N 8T02R20534003384. Acapulco Blue/black vinyl. Odo: 28,189 miles. 428-ci V8, 4-bbl, auto. Cosmetically restored. Correct date code engine, Marti report. One of 1,053 fastbacks, and of those, one of 299 with factory a/c. Decent paint with a few issues, overall panel fit varied, lower trim damaged. Engine clean. Easy-to-fix nits. Cond: 3+. SOLD AT $99,000. The automatic transmission was a big drawback here. With a manual, this would have likely sold for another $25k or so. As such, this was all the money for a car that needed attention. ♦

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Mecum Auctions Monterey, CA Mecum at Monterey Mecum scored the week's high sale with $7.7m million for the FIA championship-winning Shelby Cobra Daytona coupe, CSX 2601 Company Mecum Auctions Date August 15, 2009 Location Monterey, California Auctioneer Mark Delzell, Jim Landis & Mike Hagerman Automotive lots sold / offered 105/224 Sales rate 47% Sales total $14,249,725 High sale 1965 Shelby Cobra Daytona coupe, sold at $7,685,000 Buyer's premium 2009 Monterey high sale Report and photos by John L. Stein Market opinions in italics W ith the January 2009 Scottsdale auctions coming during the early “shock and awe” phase of this recession, summer was anchored around August's Monterey Historics and Pebble Beach weekend, as some indicators of economic recovery were starting to emerge. As a result, anxious sellers and eager buyers descended on Mecum's premiere event during the collector car hobby's most treasured weekend. With tents up at the Hyatt Regency Monterey Hotel and 224 vehicles available for scrutiny on the nearby golf course, the joint filled to capacity on Saturday morning, August 15, for a single day of selling. At day's end, 105 out of 224 vehicles sold, for a sell- through rate of almost 47%. That's shy of the rates some other auctions have posted in the last year, but it's not bad—and in fact it's identical to what Russo and Steele posted one year ago in downtown Monterey. Thanks to the spectacular $7,685,000 sale (with buyer's premium) of the FIA championship-winning 1965 Shelby Cobra Daytona coupe (profiled on p. 42), the overall proceeds were $14,249,725. That's more than respectable during the worst downturn in most of our lifetimes. While Mecum is known for muscle cars, a broad mix of iron was available at Monterey—no doubt in deference 86 to the more Eurocentric crowd this weekend always draws. From Mercedes to Maserati and Ferrari, and from Packard to Auburn and Rolls-Royce, the auction had a fair sampling of highbrow vehicles. But scanning the golf links, the bulk of the cars were still American, with Chevys, Fords, and Cadillacs clearly leading the way. By a huge factor, the sale of the Daytona coupe was the day's highlight. Racer Bob Bondurant drove it onstage, where he and designer Peter Brock introduced CSX2601, reminiscing briefly about the design, construction, and racing of these handsome and brutal machines. The auctioneer sought to open bidding at $7 million but got nowhere, and backed down to $4 million before receiving a bid. From here the bidding jumped to $5 million and then $5.5 million, and then all the way to $7 million in quarter-million-dollar increments. But the reserve still wasn't off. A quick huddle of players followed, and when the bidding resumed the Cobra vaulted to $7.25 million with an announcement that the reserve was off. Near pandemonium ensued, but the bid promptly stalled there and the gavel smacked its base. Sold. Back in the real world, both a 1940 Packard Super Darrin 8 convertible and a 1973 Ferrari 365 GTB/4 Daytona Spyder conversion sold, at $349,800 and $318,000, respectively. A 1956 Mercedes-Benz 300Sc coupe and a historic L89 1967 Corvette brought $201,400 and $217,300, respectively, and a baker's dozen other cars brought over $100,000 apiece. Notable was the non-sale of several important Corvettes, including a '62 fuelie racer that was bid to $600k and a '63 Z06 Sting Ray racer that went to $700k. Not to be outdone, guys with addresses closer to Rancho Cucamonga than Carmel feasted on some affordable cars, headlined by an MG B reportedly once belonging to actress Sharon Stone, which sold at $5,850, and a hot rod Porsche 944 Callaway Turbo at $6,600. In lean times as in fat ones, there's always something for everyone. ♦ Sports Car Market $300 up to $5,499, $500 up to $9,999, 6% thereafter, included in sold prices

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Mecum Auctions Monterey, CA ENGLISH #S40-1953 JAGUAR XK 120 3.4 roadster. S/N S675016. Eng. # NC89028. Red/black canvas/tan leather. Odo: 44,938 miles. Stated rotisserie restoration resulted in excellent bodywork and paint application, but somewhat spoiled at auction by pine sap from a nearby tree. Nice replated trim is not perfectly buffed, interior materials not period looking, top bows repainted. Very tidy engine bay including newer hose clamps, spark-plug wires, and #S137-1968 AUSTIN-HEALEY 3000 BJ8 Mk III convertible. S/N HBJ8U43007G. Eng. # 29KRU17611. British Racing Green/black/ black vinyl. Presented as “the last big Healey” built for North American export. Sold originally in Charleston, SC. Good panel fit, decent paint with some swirling. Light corrosion on trim, mix of old and new weatherstripping. Side windows scratched from up/down movement, top badly creased from long-term storage in down position. Top bows original with GERMAN #S214-1956 MERCEDES-BENZ 300SC coupe. S/N 1880146500118. Black/green leather. Odo: 41,265 km. Presented as one of 98 made. Includes Mercedes-Benz “Zertificate of Authenticity.” Said to have originally been black with red leather interior and sold in Venezuela. Outstanding paint and panel fit, inside fitted with Becker Brescia radio. Underhood nicely assembled with replated fuel injection lines aluminized underhood insulator. New wiring harness. Cond: 2+. NOT SOLD AT $68,000. Last seen at Mecum's Indianapolis sale in May '09, where it failed to sell at $85k (SCM# 120597), and since that time, has gained a set of wide whitewall tires. Another car you can do almost anything with, from rallies to touring to just a Sunday drive. Fitted with a supercharger and packing driving lights as well as a tool kit and knockoff hammer, this XK seemed ready to do business. Not many felt that way, and this arrest-me-red 120 went home unsold. #S25-1961 AUSTIN-HEALEY BUGEYE SPRITE roadster. S/N AN545402. Cream/ black vinyl/red vinyl. Odo: 24 miles. Good paint application over decent prep. Door openings chipped from use, oil or brake fluid leaked into footwell, mismatched seat and door panel vinyl. Appears to have mostly original trim, new rubber gaskets, and new wiring and cables. Nicely presented engine bay, drips and flaking paint, hinge screws buggered on doors, hole in firewall. Some haphazard wiring and aftermarket speakers. Rusty front brake rotors, paint flaking off rear drums. Cond: 3. SOLD AT $48,230. This was a ten-foot car with plenty of needs, but it sold anyway—albeit at far below its $100k pre-auction estimate. There will always be a great story about it being America's last big Healey, and the numerous problems can be worked out one at a time. For any other Healey 3000, the bid would have been generous given the condition, but for the last one it was worth it. Fairly bought and sold. FRENCH #S57-1962 RENAULT 4CV Jolly beach car. S/N 3607771. Eng. # 768954. Coral/beige canvas/tan wicker. Odo: 214 miles. Said to be one of only 50 built and 20 known to exist now. Nice older paint job, tacky reflective tape on rear grab rail. Vintage yellow California license plate. Wheel rims chipped, soiled canvas top, nice newer wicker seating, pitted grab handle and exterior trim. Older engine installation with one fuel-pump outlet blocked off. Gas cap and no signs of leakage anywhere. An excellent looking car that appears totally usable. Cond: 2. SOLD AT $201,400. Last seen at The Hershey Auction in October '06, where it sold at $127,600 (SCM# 43173). Cars of this rarity and caliber don't come around too often, and the buyer who committed over $200k for this one surely recognized the opportunity and took it. Resplendent in its stunning coat of black paint, this one was a traffic stopper. The new owner can now join a small group of esteemed 300 owners worldwide. #S206-1967 VOLKSWAGEN WESTFALIA camper van. S/N 237063076. Eng. # H5549506. Velvet Green & Pearl White/mustard vinyl. Odo: 70,174 miles. Fully restored and extremely nice. Very straight body panels and beautiful paint work with some minor overspray issues. Original-looking overspray on brackets. VIN tag missing from engine block, AN5L 46402 newly stamped on tag in engine bay. Cond: 3. SOLD AT $23,850. “Cute” and “bugeye” should be on the same page of the dictionary. This Sprite was painted and trimmed in a most agreeable color combination and presented a compelling case for adoption. Someone did just that, despite the car having a few warts and begging some questions over its serial numbers. Considering the market, it brought decent money. 88 missing. Cond: 3-. SOLD AT $44,520. Renault left the U.S. in disgrace decades ago, but time heals many wounds, and today this neato surrey-topped beach wagon will command appreciation wherever it goes. Proving that emotion is the primary driver of collector cars, this little unit was bid higher than a Ferrari 348ts Challenge race car at the same auction. Someone's very own Jackie O. will no doubt be very happy in it, so consider this good relationship therapy—despite the price. interior with original wood components saved wherever possible. Nice pop top. 110-volt plug fitted to rear of body for camping. Cond: 2. SOLD AT $34,980. This pop-top VW camper was a real crowd pleaser, and it sold very close to its low estimate. With good care and sparing use, it will likely hold its value for the lifetime of the new owner. Well bought and sold. #S3-1971 BARRIS BOOGALOO dune buggy. S/N 5671089 DMV 18443 CA. Cream/ tan & black. Designed and built by George Barris for the TV show “The Boogaloos.” VW pan and engine of unspecified origin. Custom Sports Car Market

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Mecum Auctions Monterey, CA body with metallic burgundy metalflake flower decals, old beater longboards rest on windshield frame and rear rack. Fiberglass engine cover with vintage Samsonite suitcase atop. Hawaii license plate 43-456. Burlap and bamboo interior with rusty and corroded switches, pedals, and instrument bezels. New tires and rectangular headlights. “Barris Kustom” badge on nose. Cond: 4. SOLD AT $22,360. Along with Big Daddy Ed Roth, George Barris was The Man in the world of Hollywood customs in the 1960s and '70s. This relic brought many times more money than any comparable-condition dune buggy strictly due to the Barris name and the vehicle's brief dalliance with fame via the TV show. There's scant upside potential at best, and yet there isn't far to fall either. Fairly well bought and sold. #S73-1980 BMW M1 coupe. S/N 59910004301196. White/black & gray leather. Odo: 30,277 km. One of 453 M1s built. Fiberglass body shows some signs of a respray. Broken fiberglass bulkhead in rear cargo area, paint flaking at door hinges, filthy and stained engine bay with six used Bosch spark plugs in an NGK box in storage area behind engine. Broken prop rod holder in dirty front hood area. Cond: 4. SOLD AT $127,200. Presumably the Rosso Corsa/black canvas/black leather. Odo: 26,608 miles. Presented as a Scaglietti Spyder conversion of a Daytona coupe. Some doorpanel waviness, minimal orange peel in very nice paint, very few small blemishes at front of hood. Seal cracked above driver's side window. Dirty older engine installation with corroded and older-looking components and fittings. Plastic alarm-system horn. Dirty interior with upgraded Alpine audio system. Fairly straight overall with a much-needed engine bay detailing. Cond: 3. SOLD AT $318,000. Time is treating the arguable conversion of Daytona coupes reasonably well, and this faux Spyder commanded in excess of $300,000 in a particularly down market. Although it did not approach its pre-auction estimate of $400k, the seller took a solid offer and moved on. Hopefully the new owner will discover he's purchased a well-maintained powertrain and get many happy miles from a previously very expensive motorcar. #S53-1998 FERRARI 456 GTA coupe. S/N ZFFWP50A4W0111124. Silver/silver/ gray leather. Odo: 9,271 miles. Presented as an accident-free, “no stories” car with less than 10,000 miles, and with its 30,000-mile timing-belt service already done. Original price listed as $258,000. Presents like a new car throughout, with virtually unblemished paint. No red flags anywhere. Cond: 1. NOT SOLD AT $47,000. Years ago there was a story of a cloth/burgundy leather. Presented as one of 404 built, and said to have belonged to Babe Ruth. Concours-quality black paint and detailing, driver's door proud of sill at bottom rear edge. Chrome perfect, generally faultless overall presentation. Flawless undercarriage also, appearing to have zero miles since redo. Flathead V12 also appears perfect, with small drip of antifreeze on subframe the only blemish. Virtually as good as it gets. Cond: 1. SOLD AT $170,660. Last seen at RM's Kensington sale in June '06, where it sold at $407,000 (SCM# 42386). This was among the nicest cars in the auction, a near Pebble Beach-quality restoration done to perfection. At $170k it was also an insanely good deal considering the value of the original car plus the cost of restoration were likely vastly below the auction price. The only downside is that its impeccable condition probably guarantees it will never be used. #S112-1949 KURTIS SPORT roadster. S/N KK22. Dark blue/white canvas/white & blue vinyl. Odo: 2,002 miles. Said to be the first Kurtis Sport roadster. Very nice paint with no orange peel or swirl marks from detailing, perfect chrome. Passenger's door fit a bit off at rear of body, carpet not perfectly finished, seat levers and escutcheons may be newer. Flathead Lincoln engine has Edmunds heads and intake manifold. Super-nice under the hood. Cond: 1. SOLD AT $143,100. Anyone who knows vast majority of M1s are in Europe, so purchasing this example in Monterey may have eased the acquisition effort considerably for a North American buyer. The unsightly condition of the car and the embarrassing oversight of leaving dirty spark plugs in the trunk likely damped the bidding somewhat. But since there was obviously no effort made to hide drastic faults, it appeared that this was a reasonably-low mileage M1 that had clearly lost at love, and that will benefit dramatically from a caring new owner. Well sold. ITALIAN #S80-1973 FERRARI 365 GTB/4 Daytona spyder conversion. S/N 16889. Eng. # 251. November 2009 guy winning a Lamborghini Countach for free in a contest, and still not being able to afford it. Such is the lot in life for aging late-model production Ferraris—the truly wealthy don't want them and can afford new ones, and the bottom-feeding wannabes who want them can't afford the get-in cost, continuing devaluation risk, and maintenance. This leaves stunning cars like this faultless 456 GTA in limbo. This one returned home on the trailer. Pity. AMERICAN #S79-1940 LINCOLN ZEPHYR CONTINENTAL “Babe Ruth” convertible. S/N H100711. Black/black anything about post-war hot rod culture has to worship at the altar of Kurtis, the Indy race car builder who took on building high-performance street cars. In its own way, an apt simile would be Dallara jumping into the sports car ranks today. Probably nicer than it was when new, this car was a show-stopper and well worth its reserve. Even sweeter, the new owner scooped it up well below the $175k pre-sale estimate. Very well bought. #S220-1957 BUICK CABALLERO Estate wagon. S/N 6D4034451. Kearny Green & Dover White/green vinyl. Odo: 74,584 miles. 364-ci V8, 4-bbl, auto. Mediocre paint, 89

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Mecum Auctions Monterey, CA #S38-1964 CHEVROLET BISCAYNE poor panel fit, pitted chrome, squeaky door hinges. Older restoration shows little upkeep. Door panels do not match up to trim, dirty engine shows rust and corrosion. Recent new thermostat suggests cooling problems, hammered positive battery cable, a/c compressor and heater not connected. Cond: 4. SOLD AT $24,380. Buick was flying high in 1957, and this car would have earned you the respect of many out at the lake that summer. As presented here, it looked like a giant quagmire of spending just waiting to devour its new owner. That said, for the same cost as a nice new Honda Accord, the new owner could probably get this barge fully operational and just enjoy the daylights out of it. He might even make a few dollars when he sends it down the road. #S113-1957 PONTIAC BONNEVILLE convertible. S/N P857H25797. Kenya Ivory & blue/blue vinyl/blue & ivory leather. Odo: 1,607 miles. 347-ci fuel-injected V8, auto. Said to be one of eight '57 Bonneville convertibles with factory a/c. Very nice paint quality, hood and trunk fit slightly off. Show quality engine compartment, proper fasteners cad plated. Modern foam under tonneau, driver's mirror loose. Minor corrosion on small components and a few small paint chips visible. Combination of Shows many blemishes and tool marks underhood, body has many small cracks and sloppy masking on stripes. Bright but pitted trim, poor door gaps, shiny new door lights, broken leather hood strap. New interior door panels and carpets, tear in driver's seat vinyl. Fitted with older two-point racing seat belt, roll bar, and quick-fill fuel tank. Cond: 3. NOT SOLD AT $600,000. Looking at this car in Karl Ludvigsen's book Corvette: America's Star-Spangled Sports Car makes you realize how much is lost when historic race cars are glossily restored. Next to the few weathered items like hood straps and the driver's seatbelt, there was very little personality left in this former fighter. However, given its competition provenance, there was still some seriously heavy money lobbed its way. With the seller perhaps thinking more like a million, it was not enough on this day. #S78-1963 CHEVROLET CORVETTE Z06 Dave Johnson/Delmo Race Car coupe. S/N 30837S106577. Tuxedo Black/black vinyl. Odo: 136 miles. 327-ci 360-hp fuel-injected V8, 4-sp. A well-known race car with the rare and desirable Z06 factory racing package. Good paint application to higher standard than original. Modern computer-generated number roundels and drivers' names on doors, new rubber. Many new parts evident, including trim and badges that look like repops. Knockoffs unblemished, some paint chips on body. Fully 2-dr sedan. S/N 41211F263310. Eng. # F263310T03040B. Azure Aqua/white & aqua vinyl. Odo: 1,012 miles. 409-ci V8, 2x4-bbl, 4-sp. Represented as a 1,000-mile car formerly belonging to Reggie Jackson. Winner of Super Chevy Nationals in 1989. Excellent panel fit, good but not perfect paint. All-new rubber seals, trim fine and of the right sheen. Repro 6000rpm tach on steering column, driver's carpeting starting to fray, kick panels clean. Well-detailed engine, correct-looking fasteners throughout. Oil drip at rear main seal, loose wire hanging beneath car. Later aluminized steel exhaust tubing. Cond: 2. SOLD AT $53,000. Q-ships, sleepers, and underdogs like this dual-carb 409 appeal to a certain stoic personality type, and this car found respectable money when it sold— although in the go-go mid-2000s it would have brought considerably more, pulled upward by the dizzying surge of big-block Corvettes and other muscle-phernalia. Restored with discretion and considerable expertise, there was very little not to love. Sometimes it's all about oneupsmanship, and for scarcely more than $50k, someone got a whole lot of potential. #S56-1965 FORD MUSTANG convert- ible. S/N SF08K643867. Gulf Orange/white vinyl/white vinyl. Odo: 4,130 miles. 289-ci V8, 4-bbl, 4-sp. Reported frame-off restoration of an early hi-po K-code convertible. Troubled body-panel fit, excellent paint with minimal orange peel and some swirl marks. Cracking where rear fender meets cross-panel behind top, paint bubbled in driver's door jamb, convertible old and new rubber components throughout. Cond: 2. SOLD AT $159,000. Last seen at RM's Monterey sale in August '06, where it sold at $165,000 (SCM# 42834). Nearly all the right equipment, including a/c, fuel injection, and power steering and brakes. Best of all, it's a great color combination that brings intelligence and reserve to the era of big fins and opulence. One of the few cars SCM analyzed at this auction to surpass its pre-auction low estimate of $150k. Top car from a top year got top dollar, and deservedly so. #S82-1962 CHEVROLET CORVETTE Delmo Johnson/Dave Morgan Sebring Racer convertible. S/N 20867S105683. Ermine White /black vinyl. Odo: 33,952 miles. 327-ci 360-hp fuel-injected V8, 4-sp. An RPO 687 “big brake” car restored to its 1962 Sebring configuration. Clean but not perfect presentation. 90 restored with new wiring harness. Nonstandard mandrel-bent racing side exhaust, older Johnson CB radio inside. Bloomington Gold 0426 tag on steering wheel. Cond: 2. NOT SOLD AT $700,000. First seen at Russo and Steele's Scottsdale sale in January '06, where it failed to sell at $900k (SCM# 40449). In the fall of 1962, a handful of Z06s like this car turned Corvette from a '50s-style sports car into a world-class GT car with serious handling credentials. It is only fitting that these early Z06s—along with midyear L88s—command the top of the Corvette food chain. This hugely desirable Split-Window coupe drew the highest bid amount of any Corvette at this auction, but this still didn't get the job done. Another case of caution winning out over optimism. top has some creases from storage. Overspray on driver's door tag, new window rubber and scratched seat trim. Missing brake pedal rubber. Driver's seat dirty, engine dingy with some corrosion. Cond: 3. SOLD AT $39,220. Despite the litany of minor issues, this was a really nice car in a fun color combination, and it had every reason to be enjoyed as a daily or weekend driver. The price paid was quite reasonable for the car's options and presentation—never mind that it's a genuine 271-horse K-code convertible. Very well bought. Sports Car Market

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Mecum Auctions Monterey, CA #S17-1965 PONTIAC GTO 2-dr hard top. S/N 237375Z104077. Eng. # WS040558. Cream/black cordova/black vinyl. Odo: 14,119 miles. 389-ci V8, 4-bbl, 4-sp. Nut-and-bolt restoration of a well-documented car said to have all PHS documentation. Numbers-matching California car delivered new to Mission Pontiac in San Bernardino. Nice paint application, some imperfect prep work underneath. Flawed panel and door fit, vinyl top grain looks Brock, this Cobra took the honors as the highest-price American car ever auctioned. Going to a collection that includes a Corvette Grand Sport. See the profile, p. 42. #S86-1967 CHEVROLET CORVETTE “Ed Cole” coupe. S/N 194377S118305. Goodwood Green/saddle vinyl. Odo: 46,733 miles. 427-ci 435-hp V8, 3x2-bbl, 4-sp. Represented as “The Ed Cole Car,” ordered for P.H. Pohl by his friend and neighbor, GM president Ed Cole. 1996 Bloomington Gold Certification. Includes copy of original order and invoice. Claimed factory L89 engine with aluminum heads and 3.55:1 Positraction. Nice panel prep and paint, with some cracking on body that it kept pace with some more mainstream collectibles at the same auction, such as a '37 Cord, an '80 BMW M1 and a '70 Plymouth Superbird, shows how deep some passions run for big-block Mercurys. Well sold. #S128-1971 PLYMOUTH 'CUDA Hemi coupe. S/N BS23R1B429180. True Blue Metallic/black vinyl. Odo: 23,750 miles. 426ci V8, 2x4-bbl, 4-sp. Listed in the Chrysler Registry as the last known Hemi 'Cuda produced. Claimed to be unrestored, with low mileage and one repaint. Very nice paint with virtually no swirling, right door fit appears off, nicely presented under hood but engine is dirty. Duct tape on Shaker hood seal, cadmium parts appear to have been replated. Tires show wear and too coarse. New-appearing stainless trim nice, as are rubber gaskets. Very clean interior with new-appearing trim pieces, new headliner has one tool tear. Replica window sticker. Cond: 2-. SOLD AT $61,480. Excellent research and provenance helped bring all the money for this understated Goat. With Tri-Power and a 4-speed, it had much of the panache of a bigblock Corvette, and it'll still haul family and friends. Flawed as the restoration was, there was nothing wrong that can't be rectified whenever the new owner so chooses. TOP 10 No. 1 #S104-1965 SHELBY DAYTONA coupe. S/N CSX2601. Blue & white/ black vinyl. Odo: 9,116 miles. 289-ci V8, 4x2-bbl, 4-sp. One of six Shelby Cobra Daytona Coupes. Won FIA championship for Shelby American in 1965. Subsequently owned by Bob Bondurant and used in movie “Redline 7000.” Fully restored with a faultless exterior. AC pedals, Halon fire system, new lettering for switches. Loose lighting wire in driver's door, some wear on driver's seat edge and some minor paint blemishes by door. Brakes show panel behind hood. Accurate door and window gaskets in excellent shape, tidily assembled and accurate engine bay somewhat dirty. Nice interior with minimal wear. Cond: 2. SOLD AT $217,300. This L89 brought all the money for all the right reasons: last of the mid-years, rare L89 option (one of only 16 built for 1967), desirable color combination, impeccable paper trail, BG Certification, and ordered by one of the powerhouse GM brass. As presented, it was a sorted driver that can be used and enjoyed indefinitely. The seller reaped a nice reward, and the buyer paid real money for an important car. Good on 'em both. some crystallized fluid near bleeders. Rock chips inside fenders. Driven onto the auction stage by Bondurant and authenticated by him and designer Peter Brock. Cond: 2. SOLD AT $7,685,000. Last seen at Mecum's Indianapolis sale in May '09, where it failed to sell at $6.8m (SCM# 120528). The auctioneer invited a $7m opening bid to no avail, with bidding eventually starting at $4m, then jumping to $5m, and up from there in $250,000 increments. Reserve came off at gavel price of $7,250,000. Restored to perfection—some might say too perfect—but with the help of testimony by Bondurant and 92 #S177-1970 MERCURY COUGAR XR-7 convertible. S/N 0F94Q528590. Competition Gold/black vinyl/black vinyl. Odo: 719 miles. 428-ci V8, 4-bbl, auto. “Believed to be 1 of 1 in existence.” Includes build sheet. Very clean and nicely done restoration, sanitary everywhere, with period battery. Some primer spray in door jambs, old chips painted over on A-pillars, some older weatherstripping retained. Aftermarket door speakers, some pitted trim, misaligned bumper. Very good detailing under the hood with some paint runs showing. Incorrect exhaust exits below rear valence. Cond: 3+. SOLD AT $125,080. Despite the nagging details, this was an exceptionally well done and terrific looking restoration. The “one of one” rarity no doubt jacked the bidding for this strongly collectible Cougar, and the fact may be original. Interior dirty with worn carpet on driver's side. Cond: 2+. NOT SOLD AT $430,000. Among the muscle car ranks, there is no more spectacular sight than a Hemi engine stuffed into a 'Cuda engine bay. Compared to the million-dollar harvest that similar cars have had in previous years, though, this one fell significantly short. Although it surpassed the low auction estimate of $400k, it didn't make reserve. But the amount offered was all the money under the present circumstances. This car should have sold. #S89-2007 SALEEN S7R racer. S/N S706067R021000A1057. Blue & red/black & aluminum. Stated to be one of 15 S7R race cars produced, and the last to roll off the assembly line. Raced in 2007 FSA French GT series, with three wins, and in the 24 Hours of Le Mans. Said to be completely rebuilt to as-new condition and race ready. Nice-quality blue paint with imperfectly applied red decal material at rear of car. Scuffed wheels. Cond: 3. NOT SOLD AT $150,000. Despite its thunderous sound onstage, this well-proven and presented Saleen racer failed to motivate anyone past even its lower pre-auction estimate of $300k. It's hard to imagine where else you could find this kind of track performance for the money, so the seller was wise to wait for another day to find a taker. ♦ Sports Car Market

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Bonhams & Butterfields Carmel Valley, CA Exceptional Motorcars at Quail Lodge The ex-Otis Chandler 300SL Roadster blew past its $750k estimate to sell at an auction record $804,500 Company Bonhams & Butterfields Date August 14, 2009 Location Carmel Valley, California Auctioneer Malcolm Barber Automotive lots sold / offered 62/102 Sales rate 61% Sales total $14,284,288 High sale Ex-Cassidy 1933 Duesenberg hopped along to a $1.4m high sale Report and photographs by Donald Osborne Market opinion in italics B onhams & Butterfields auctioneer and CEO Malcolm Barber is now also officially the Marathon Man. From 1:15 on a warm Friday afternoon at the Quail Lodge until 10:15 on a cool evening—for nine full hours—he held forth without a single break at the auctioneer's lectern. Barber's sonorous baritone never wavered, and it was only in the last third of the sale that he was joined on the dais for a few lots by color commentators Alain de Cadenet and Reggie Jackson. As has been the case since the financial meltdown of last autumn, we still await the fall of the collector car sky. While B&B's dollar volume declined 32% from 2008 while offering 25% more merchandise, the sales rate improved from 57% to this year's 61%. The dollar shortfall can be traced almost directly to the paucity of $1m-plus sales. Last August, the company moved five cars above the mark, two of which scraped $5m each. This year there was only one, and the ex-Hopalong Cassidy 1933 Duesenberg Model J Torpedo convertible Victoria at $1.4m paled in comparison with last year's high sale, $4.95m raised for the 1960 Jaguar E2A Prototype. Much interest centered on the 1939 Auto Union D-type V12 Grand Prix race car, which Christie's so famously did not auction in 2007 in Paris. Additional light has been shed on the chassis and engine numbers, but the Auto Union failed to find a new caretaker at a high bid of $6m—a figure that many feel is near market. Also having an unfortunate effect on the sale total was the 1937 Bugatti Type 57S coupe, which ran out of steam at $5.2m. All was not gloomy; among the top sales was the auc- 94 1933 Duesenberg Model J Torpedo convertible Victoria, sold at $1,437,000 Buyer's premium tion record $804,500 paid for a 1961 Mercedes-Benz 300SL Roadster, formerly owned by Otis Chandler. Very original, it blew past the $750k high estimate. Meanwhile, a wellrestored 1955 300SL Gullwing found a buyer at $546,000, just over low estimate, thanks perhaps to its Strawberry Metallic paint. The Gullwing came from one of the sale's two collections, that of the late Sidney H. Craig, husband of Jenny Craig and co-founder of the weight-loss company. The no-reserve Craig collection centered on celebrity-connected cars and included the 17% up to $100,000, 10% thereafter, included in sold prices 812 Cord Supercharged Phaeton of actor Tom Mix, in which he was killed, an ex-Frank Sinatra 1958 Cadillac Eldorado Brougham, a 1962 Ghia L6.4 once owned by Dean Martin, Al Capone's armor-plated 1930 Cadillac V16 Imperial Sedan, and the Hopalong Cassidy Duesenberg Model J, which achieved top sale honors. The other collection came from baseball legend Reggie Jackson and included a docu- mented 1969 Chevelle Yenko SC—a no-sale at $180k—and a low-mileage 1969 Camaro COPO ZL1, another no-sale at $650k. Steadier fare like the 1934 Packard 1101 Standard Eight coupe roadster sold for an above-estimate $113,490, and the 1934 Cadillac V16 convertible sedan achieved a below-estimate $210,500. Of the 24 lots consigned by “Mr. October,” ten sold, their position late in the catalog doing them no favors. On the plus side, the 1952 Ferrari 212 Inter Vignale berlinetta, named the “Bumblebee” for its distinctive yellow and black livery, changed hands for a market-correct $804,500. There were few “fire sale” items, but some right buys were had. One was the Strawberry Gullwing and another was the 1939 Talbot-Lago T26C Grand Prix car (profiled on p. 44); $557,000 for a car with a good history and a recent rebuild. B&B would have done everyone a favor by splitting the sale into two sessions. A Thursday night session of 50 cars, followed by Friday morning of automobilia and another 50 cars, would have been the ticket. Perhaps next year. ♦ $5m $10m $15m $20m $25m Sales Totals 2009 2008 2007 2006 2005 Sports Car Market

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Bonhams & Butterfields Carmel Valley, CA ENGLISH #211-1935 BENTLEY 3½ LITER Aerodynamic 4-dr sedan. S/N B103CW. Twotone gray/burgundy leather. RHD. Odo: 99,959 miles. Coachwork by Rippon Brothers. Very good panel fit, excellent paint has only small rub on left rear door edge. Spotless chrome and interior, fitted with seat belts. Cond: 1-. SOLD AT $166,500. Superbly restored and presented, A vast amount has been spent to make it the perfect vintage rally mount for the hairshirt enthusiast. Prices haven't moved much for these in the past couple of years, which in this market is a very good thing. A bit of a bargain. #240-1963 ASTON MARTIN DB4 Series and one of only two with this body. Presence of seat belts indicates it was done to drive, but it's spent most of its time traveling to auctions. Sold at Bonhams' Quail Lodge auction in August '07 for $194k (SCM# 46241), and was a no-sale in August '08 at Gooding's Pebble Beach sale at $230k (SCM# 117615). It's now gone to a new home at a fair loss to the owner, which is a shame, as it's a great car. Well bought. #260-1948 DAIMLER DE-36 Green Goddess convertible. S/N 51233. Black & primer/white leather. RHD. Odo: 27,162 miles. Coachwork by Hooper. Excellent panel fit, body in black paint and primer. Chrome either worn or covered in primer. Original interior V Vantage coupe. S/N DB41144R. Eng. # 4001358. British Racing Green/black leather. RHD. Odo: 7,807 miles. Good panel fit. Good paint shows some microblistering in areas and one stress crack at left front hood corner. Good interior, fitted with roll hoop, Jones electronic tach, and fuel cell. Featured in the February light pitting on door handles. Interior shows a nice patina. Later Sony cassette radio, lambswool over rugs. Cond: 3. SOLD AT $172,000. One-off rather huge Pininfarina coupe. I think it's neat looking if a bit like something out of the old English “Thunderbirds” show. For a unique piece, fairly sold and bought. #259-1971 LOLA-CHEVROLET T260 1988 issue of Classic Cars magazine. Cond: 3. NOT SOLD AT $365,000. Original “non GT–GT spec,” delivered to Germany. No history given before restoration in late '80s. Very rare, and nicely presented for vintage racing. If a GT is a seven-figure car, then expecting half might be logical for this type, but without a big history, more than was bid here couldn't be expected. #218-1964 JAGUAR XKE Lightweight surprisingly good, with parts boxes in rear seat area. Superbly restored dashboard wood. The 1948 London Motor Show car. Cond: 5+. SOLD AT $249,000. Ex-Sir Bernard Docker, one of the fabled “Docker Daimler” custom cars built for his wife. Extraordinary as it sits, and it will be unbelievable when restored. Midestimate price seems right. #267-1952 ALLARD J2X “Little Red” roadster. S/N J2X3142. Red/ black leather. Odo: 4,597 miles. Good paint has some small flaws and polish scratches, nice chrome throughout. Engine claimed to have been rebuilt and balanced in 2008. Clean interior, with mixture of Jaguar speedo and Stewart Warner secondary gauges. Cond: 3. SOLD AT $194,000. A nicely presented J2X, the car most think of when you say “Allard.” November 2009 racer. S/N 880115. Eng. # RA34809. Opalescent dark green & white/green leather. Odo: 70,761 miles. Very good panel fit, excellent paint has small touched-in chip on nose. Very good chrome, clean well-fitted interior with roll bar, electronic tach, and auxiliary gauges. New fullrace engine fitted and equipped with Webers. Original engine included. Cond: 1-. SOLD AT $254,500. Ordered from factory in 1964 as semi-lightweight comp car by a Canadian CanAm racer. S/N T260HU2. White & red/ black vinyl. Good body, paint in good “as raced” condition, with livery in nice overall shape. Clean chassis, Spartan interior shows well for a race car. Cond: 3. SOLD AT $304,000. The ex- racer. No period history. Rebuilt at vast cost five years ago for historic racing, and beautifully prepared. A $215k no-sale when it crossed the block, later sold at $50k under estimate. For a period racer with the recent work done, this was well bought. #245-1968 BENTLEY T1 coupe speciale. S/N CBH4033. Dark green/black leather. RHD. Odo: 19,325 miles. Coachwork by Pininfarina. Uneven panel fit, with right door out at rear edge and hood gap wide at sides. Shiny paint shows some prep flaws, adhesion bubbling, and small touched-in chips. Very good chrome, except L&M Carl Haas/Jackie Stewart team car, used as backup. Sold by Bonhams at Carmel Valley in August '06 for $221k (SCM# 42609), and looks to have been lightly used since. These are very usable for a truly talented driver. Walter Mitty need not apply. Fair price. FRENCH #243-1937 BUGATTI TYPE 57S coupe. S/N 57532. Black/burgundy leather. RHD. Odo: 18,835 km. Excellent panel fit, very good quality older paint now shows various age-related defects. Some chrome very good, other pieces show wear and fading. Well-fitted interior shows somewhat matte dash wood. Supercharged in the 1950s. Villa d'Este Concours prize winner. 95

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Bonhams & Butterfields Carmel Valley, CA of these cars sold at auction was back in 2004 at RM's Phoenix sale, and that car brought a similar $594,000 (SCM# 32456). This has to be considered well bought. See the profile, p. 44. GERMAN #297-1939 AUTO UNION D-TYPE Grand Cond: 3+. NOT SOLD AT $5,200,000. Full history from new. Very high level older restoration now nicely mellowed. Given that the “Lord Howe” T57 Atalante sold at Bonhams' Rétromobile sale in February '09 for $4.4m (SCM# 119703), the high bid here should not have been far off the mark. #248-1938 PEUGEOT 402 DARL'MAT Legere Special Sport roadster. S/N 705516. Eng. # 445597. Two-tone yellow/brown alligator. Odo: 785 km. Good panel fit, very good paint flawed only by rubs on left grille side. Very good chrome, even on many elements which should be polished alloy. Well-fitted 2007. No matter what the history of the parts assembled into this car, it's still tremendously important and evocative of a legendary period. Its natural home is a museum; at least in preparation for this sale, it's been run quite a bit. The right price? Not $6m on this day at least, but it's hard to imagine more. #253-1954 PORSCHE TYPE 540 America interior. Cond: 2. SOLD AT $777,000. The Georges Paulin-designed pre-war Darl'mat is rare, beautiful, and has a good competition record. This example had a lot of money spent on it, but the Darl'mat gurus pointed out many incorrect details. Still, it's a neat piece. A nosale on the block at $675k, it was well sold afterward at $777k. #262-1949 TALBOT-LAGO TYPE 26 COURSE Grand Prix racer. S/N 110. Navy blue/brown leather. Very good body panels and paint. New seat, some wear on wheel. Engine looks recently worked on. Ex-Georges Grignard/Jacques Swaters Ecurie Belgique. Cond: 3+. SOLD AT $557,000. Sensational documented period racing history, and very well presented. Ready for vintage racing, where it will be welcome everywhere. The last roadster. S/N 12371. Seafoam Green/beige canvas/green leather. Odo: 190 miles. Superb panel fit and paint, very good bright trim. Excellent interior, with only some minor rubs on top corners. Cond: 1-. SOLD AT $529,500. The only steel-bodied car of its type built, and interior shows nice patina, one open seam on driver's seat cushion. Factory hard top, Lucas flame-thrower driving lights, Becker Mexico radio. Cond: 3. SOLD AT $804,500. Ex-Otis Chandler. A later, U.S.-delivery car with a very nice original feel that's rarely seen—it even retained the U.S.-spec headlights. A feeding frenzy resulted in a record price for the model. Very well sold. the ex-Brundage Motors 12-Hours of Sebring racer. Beautifully restored to a very high level. The “America” roadster's looks are an acquired taste, but I think they're neat. Offered in August ‘06 at RM's Monterey sale, where it was a no-sale at $700k (SCM# 42793). This price was fair on both sides. #221-1955 MERCEDES-BENZ 300SL Gullwing coupe. S/N 5500429. Strawberry metallic/tan leather. Odo: 58,255 miles. Very good panel fit, door rubber a bit high. Very good paint marred only by some adhesion bubbling on right rear fender “eyebrow.” Very good seats and headliner. Carpet shows use, some gauge glass a bit cloudy. Fitted luggage. 96 Sports Car Market #209-1966 PORSCHE 911S GT Competition coupe. S/N 306614S. Orange, burgundy & blue/black cloth & vinyl. Odo: 7,513 miles. Variable panel fit, with left door dropped and slightly out at rear edge. Paint presentable, but shows some prep flaws, stress cracks at left top corner of engine lid, and evidence of putty in left front fender. Fair to good chrome. Good interior, full roll cage. Cond: 3-. Prix racer. S/N 19. Eng. # 17. Silver/green cord. Very good body panels, good paint shows small stress cracks on engine louvers. Light soiling on seat cushion—small wonder. Cond: 2. NOT SOLD AT $6,000,000. The famous exKarassik, Crosthwaite, and Gardiner V12 Auto Union GP car as almost offered by Christie's in From the Sidney Craig Collection. Cond: 2+. SOLD AT $546,000. A well restored Gullwing in unusual, but factory, strawberry pink color. All it would need to complete the look would be a set of wide whitewall tires. It can certainly be said that the color held down the price. Well bought. #242-1961 MERCEDES-BENZ 300SL roadster. S/N 19804210003067. Gray & white/ beige canvas/red leather. Odo: 7,651 miles. Very good panel fit, small ding in nose, smooth paint shows some touch-ups. Some delamination on windshield corner. Chrome is good to fair, with some light pitting in areas and some loss on paint inside grille star. Good original

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Bonhams & Butterfields Carmel Valley, CA NOT SOLD AT $115,000. A competition car from new, campaigned mostly in Sweden but also at the Nürburgring, Spa, and Hockenheim. Revived for vintage racing in 1998, basically unused since 2002. As a racing tool, it's hard to tell what is left from its FIA glory days. People in CA like their old race cars in immaculate condition, and this one had needs. High bid was plenty for this venue. #241-1975 BMW 3.0CSL Batmobile coupe. S/N 4355049. Metallic green/black cloth & leather. Variable panel fit, with left door out at rear edge and wide trunk gaps. Very good paint, interior clean but shows some age-related flaws panel fit, as per factory. Very good paint shows only a couple of very small touched-in chips, otherwise as-new. Excellent black trim. Minimal interior is clean, contains a pair of Recaro racing seats and full cage. Cond: 2+. SOLD AT $139,000. One of 20 lightweight cars built—the road-going version of the Carrera Cup racers. Notice the low miles? This is a N.O.S. car. Very well bought. ITALIAN #234-1952 SIATA 208 CS berlinetta. S/N SC052. Eng. # CS007. White/blue leather. Excellent panel fit, very good paint shows small touch-ups on door edges and polish scratches. Unmarked bright trim, excellent interior is as-new and marred only by some soiling on driver's floor mat. The 1952 Turin Show car, ex-Works entry in 1952 Mille Miglia. Cond: 2-. in bright trim. Cond: 2-. SOLD AT $150,000. The 49th of 57 factory lightweight street cars. A curious mixture of restored and original, with reset odometer. It certainly had presence in bright green, and it was well presented. Price was on the money. #258-1981 BMW M1 coupe. S/N WBS59910004301336. White/black & white cloth, black leather. Odo: 6,682 miles. Very good panel fit. Paint generally very good except for some prep flaws in nose. Some uneven black trim. Very good interior shows some wear NOT SOLD AT $1,200,000. Good period race history, long period in ownership of Siata guru Jarl de Boer. Well restored, ready for vintage events. A spectacular car, and of course one of my favorites of the entire Monterey weekend. Price sought seems a bit high in the current market, so it's best held until things recover a bit. #235-1952 FERRARI 212 INTER coupe. S/N 0197EL. Eng. # 0197EL. Black & yellow/black & yellow leather. RHD. Odo: 73,633 km. Coachwork by Vignale. Very good panel fit, left door very hard to close. Very good paint and chrome, interior shows some soiling on center armrest. Original Condor radio. Cond: 2+. SOLD AT $804,500. The famous on driver's left bolster. Fitted with Kenwood cassette radio. Cond: 2-. SOLD AT $147,800. The '80s supercar from Munich. This example was very clean and honest, and it appeared to be ready to use. These were underrated for a very long time, but the market is waking up now. Market right. #301-1990 PORSCHE CARRERA 4 RS Lightweight coupe. S/N 964019. Dark teal metallic/black cloth. Odo: 61 km. Excellent “Bumblebee” Ferrari Inter coupe, and it's obvious where the nickname comes from. The yellow and black livery was the original, and it's great to see it not painted red. A stunning car that's well known to collectors. The million dollar estimate was quite ambitious, and the price achieved was a good one. #246-1955 ALFA ROMEO 1900C SS Zagato coupe. S/N AR1900C02056. Red/gray 98 Sports Car Market leather. Odo: 9,725 km. Very good panel fit, left door slightly out at rear edge. Smooth paint and bright trim, clean interior with nicely broken-in seats, some scuffing on door panels. Slightly faded gauge faces. Pebble Beach third in class in 1990, restored again in 2001. Alfa class winner at 2003 Het Loo Concours. Shown at Villa d'Este in 2005. Cond: 2-. SOLD AT $557,000. Ex-John J. D'Alessandro. Well restored and nicely used—the way it should be. Appeared at Bonhams' London sale in December '05, where it was a no-sale at $276,800, rated a #1 (SCM# 40868). Since then, has been driven almost 3,000 kilometers and has doubled in value. Nice. #255-1961 ALFA ROMEO GIULIETTA Sprint Zagato coupe. S/N 1012600067. Eng. # AR00120. Silver/black leather. Odo: 4,000 km. Very good panel fit, except trunk gaps a bit wide. Superb paint application and detailing, nice bright trim. Very good interior, some delamination on right side of windshield. Cond: 2. NOT SOLD AT $180,000. The “round tail” Giulietta SZ is a very desirable vintage rally and race car. It's important to have as complete a history as possible when considering one. This example was well presented, but had a story going back only to the mid-'90s, so not surprisingly, the bidding stopped short of the low estimate. Further research may move the car in the market. #227-1962 GHIA L6.4 coupe. S/N 0325. Black/brown leather. Odo: 37,539 miles. 383ci V8, 4-bbl, auto. Okay panel fit, older paint

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Bonhams & Butterfields Carmel Valley, CA shows some rubs, chips, stress cracks, and other age-related issues. Fair chrome. Interior appears original, showing wear and soiling. From the Sidney Craig Collection. Cond: 4. SOLD AT $117,000. Formerly owned by Gary Morton (Mr. Lucille Ball) and Dean Martin. These elegant Italo-American cars are rare, with only 26 made, and almost all have well known first owners. It's unusual to find one as grotty as this one, but the no-reserve buy here allows room for improvement. #264-1962 FERRARI 400 SUPERAMERICA Series I Aerodynamico coupe. S/N 3221SA. Eng. # 3221SA. White/ gray leather. Odo: 775 km. Coachwork by Pininfarina. Excellent panel fit, very good paint has only one small rub on left sill. Chrome let down by some rippling under plating on front leather. Odo: 26,825 miles. Door fit very good, trunk lid high. Paint shows some microblistering and sinkage at nose, some light scratches, but otherwise is good. Unmarked chrome, very good interior with new seats. Fitted with Becker Mexico cassette radio. From the Reggie Jackson Collection. Cond: 3+. NOT SOLD AT $650,000. Ex-Evel Kneivel and DJ Frankie Crocker. A factory Spyder. When considering provenance, do you really want a car driven by a daredevil? During the event, Reggie's cars were presented to a largely empty room. Most opinions hold that the best Daytona Spyders are still seven-figure cars, but this one didn't come close. bumpers, glass scratched in places. Very good interior. Cond: 2-. NOT SOLD AT $900,000. Dramatic looks with performance to match. The Superamerica is the last of the factory luxury hot rods, and it's like no other Ferrari before or since. I can't blame the seller for hanging on at this bid, as it should certainly have done better. #252-1970 MASERATI MISTRAL spyder. S/N AM109SA1737. White/black canvas/black leather. RHD. Odo: 61,831 miles. OK panel fit, left door out at rear edge, trunk gap variable. Good paint shows cracks on both sides at top of rear fender sides, evidence of filler in rear wheelarches. Fair to good chrome. Decent sold here by an SCMer. The restoration had held up well, as the car was used in the intervening years. Was sold from the collection at RM's Detroit sale in September ‘03 for $74,800 (SCM# 36393), then offered at RM Amelia Island, FL in March ‘09, where it failed to sell at $45k (SCM# 119931). Here, it sold within its estimate range, and it was a very good buy. interior with split in the driver's seat cushion and loose emblem in center of steering wheel. Period Voxmobil radio and map reading light. Cond: 4+. SOLD AT $130,750. Rare Mistral Spyder, the last built. RHD and white paint not the most appealing. Chassis number appears in the SCM database at a 4/85 Coys sale in April '85, where it was listed as a no-sale at $323,156 (SCM# 12035). Given its condition, this was appropriately priced. #284-1973 FERRARI 365 GTB/4 Daytona spyder. S/N 16835. Red/black canvas/black November 2009 trim. Armor plating on doors, thick bulletproof windows, gun ports. From the Sidney Craig Collection. Cond: 4+. SOLD AT $309,500. Any Cadillac V16 is a special car, and this one, with its infamous first owner, will certainly attract attention. Capone didn't get to use it long, as he was in prison by 1931. Typical museum condition. Fairly bought and sold. TOP 10 No. 10 #223-1933 DUESENBERG MODEL J Torpedo convertible Victoria. S/N 2535. Eng. # J384. Black/black can- vas/red leather. Odo: 144 miles. Coachwork by Rollston. Ex-Hopalong Cassidy. Very good panel fit, nice paint shows some minor flaws. Excellent chrome, except for some cloudiness in side light. Very good interior shows light wear. Pilot-Ray lights. CCCA National First #2046, shown at Pebble Beach in 1996. Sold with wax statue of famous prior owner. From #224-1937 CORD 812 Supercharged phaeton. S/N FC2634. Cigarette Yellow/red leather. Odo: 2,232 miles. Variable panel fit. Older paint shows various small flaws, touchups, rubs, etc. Chrome good to fair. Interior AMERICAN #229-1930 CADILLAC 452 Imperial V16 Armored limousine. S/N 701617. Eng. # 701617. Black/black & brown leather. Odo: 29,588 miles. Ex-Al Capone. Variable panel fit, paint shows some prep flaws and areas of blow-in. Good chrome. Interior shows some wear, with somewhat dull and nicked wood the Sidney Craig Collection. Cond: 2. SOLD AT $1,437,000. Distinctive and desirable disappearing top Victoria. The high-quality restoration done 15 years ago has nicely mellowed now. Impressive, even if the rear end looks a bit dumpy. There was lots of interest, and it sold in the mid-estimate range. Market right. #213-1935 AUBURN 851 Custom phaeton. S/N 1148H. White/black canvas/black leather. Odo: 2,450 miles. Very good panel fit, presentable paint shows a variety of age-related flaws. Chrome shows well, interior generally good. CCCA National First #842. Cond: 3. SOLD AT $64,350. Once in the Kughn Collection, shows a decent amount of patina, with redyed seats a bit stiff. Some staining and fading on dashboard. Tooled leather monogrammed rear fender stone shields. Ex-Tom Mix, from the 99

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Bonhams & Butterfields Carmel Valley, CA Sidney Craig Collection. Cond: 4+. SOLD AT $155,500. The Tom Mix death car, rebuilt and restored after his fatal accident. As a tribute, it needs restoration, but as a restoration project, it needs everything. Fairly sold at no reserve. #296-1952 MUNTZ JET Custom convertible. S/N 52M246. White & black/black canvas/black leather. Odo: 1,034 miles. Good panel fit, shiny paint shows some areas of orange peel and microblistering on trunk opening edge. Very good chrome, some delamination on vent windows. Excellent interior with stunning engine-turned dash panel. Shown at the Pebble #222-1955 FLAJOLE FORERUNNER Prototype coupe. S/N S673772. Purple & white/white & purple leather. Odo: 199 miles. Good prototype panel fit. Paint shiny but shows waviness and bubbles in areas of gel coat and cracking at front bumper supports. Good chrome, though somewhat faded on sliding roof surround. Seats very soiled, dash trim a bit Beach Concours in 2008. Cond: 2. NOT SOLD AT $95,000. A one-off custom by Joe Bailon for bandleader Freddy Martin. Featured in period magazines, and offered for sale here by an SCMer. A clear case where the customizer improved on the original—a good looking car with a very '50s look. Well presented, but there wasn't enough interest to get it near the $150k low estimate. #214-1954 KURTIS 500M roadster. S/N MKK468070. White/black canvas/black leather. Odo: 10,264 miles. 331-ci V8, 3x2-bbl, 3-sp. Variable panel fit, good paint shows a few rubs at door openings and a few touchedin scratches, some fiberglass matting shows through gel coat on tail end. Generally good bright trim, which is extensive. Very good askew. Roof-mounted rearview mirror. Cond: 3-. SOLD AT $188,500. From the Sidney Craig Collection. Last seen at World Classic's Danville sale in April '93, where it failed to sell at $90k (SCM# 20154). The prototype of the fabulous Flajole sports car, which was based on the running gear of a Jaguar XK 120. It's a '50s custom dream car come to stunning life. Great for the garage with the strawberry Gullwing in this sale. A bargain for a piece of true U.S. auto history. #226-1958 CADILLAC ELDORADO Brougham 4-dr hard top. S/N 58P011421. Burgundy metallic/stainless steel/gray brocade & leather. Odo: 38,190 miles. 365-ci V8, 3x2bbl, auto. Very good panel fit, older paint shows many age-related flaws, panel mismatch on right doors. Fair chrome, delamination on left top of windshield. Interior surprisingly good. Hugger Orange/black vinyl. Odo: 30,276 miles. 427-ci V8, 4-bbl, auto. Good panel fit, as per factory. Excellent paint, good chrome, original interior shows wear appropriate to indicated mileage. Proper factory finishes underhood. Rally wheels, original all-aluminum ZL1 engine. From the Reggie Jackson Collection. Cond: 2+. NOT SOLD AT $650,000. A very low-mileage COPO Camaro, sympathetically restored to a high level. This is exactly the kind of car you associate with Jackson—rare and well done. It might have been tempting for him to take this high bid, but he was evidently looking for more. As it was, it's certainly in the range where it should sell today. #278-1969 CHEVROLET CHEVELLE Yenko SC 2-dr hard top. S/N 136379B356260. White/black vinyl/black vinyl. Odo: 66,417 miles. 427-ci V8, 4-bbl, auto. Variable panel fit, just past factory standards. Good paint shows some touched-in chips and small areas of microblistering. Very good interior. One of 99 built, and features rare ducted NASCAR- interior, seats as new. Halibrand mag wheels. Cond: 3. NOT SOLD AT $100,000. Superbutch '50s roadster from the drawing board of designer Frank Kurtis. Very rare, and to my eyes, quite wonderful. Older restoration was holding up well, so it should be worth the $125k low estimate, and I'm not quite sure why it couldn't make it here. Added oil pressure gauge under dash. From the Sidney Craig Collection. Cond: 4+. SOLD AT $117,000. Formerly owned by Frank Sinatra and sold with a wax figure of The Chairman of the Board for your garage. This car was a $60k no-sale at Christie's Los Angeles auction in June '99 when rated a #4 (SCM# 5793). It's not improved much, if any. Sold at no reserve, no doubt to a fan of Ol' Blue Eyes. #283-1969 CHEVROLET CAMARO COPO ZL1 coupe. S/N 124379N610413. style cowl-induction system. From the Reggie Jackson Collection. Cond: 2-. NOT SOLD AT $180,000. This was stated to be a documented COPO Yenko car, and featured an older restoration that was still presenting well. Had been in Jackson's collection for quite a while and was a very nice car. It was offered in January '03 at Barrett-Jackson's Scottsdale event, where it was a no-sale at $125k (SCM# 30057). Driven 20 miles since, it stalled here at $180k. It should certainly be worth more—this wasn't the time or place for it. ♦ 100 Sports Car Market

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Russo and Steele Monterey, CA Sports and Muscle at the Marriott Russo shifted its emphasis to sports and away from muscle, with a 1964 Shelby Cobra high sale and increased sell-through Company Russo and Steele Date August 14–15, 2009 Location Monterey, California Auctioneer Dennis Wisbey Automotive lots sold / offered 60/112 Sales rate 54% Sales total $4,973,565 High sale 1964 Shelby Cobra 289 roadster, sold at $473,050 Buyer's premium Muscle was second-tier to sports at Russo this year Report and photos by Ray Nierlich Market opinion in italics B efore this year's week of car madness in Monterey, Drew Alcazar, head honcho at Russo and Steele, must have suspected his company was about to find itself in the midst of the per- fect storm. Muscle cars remain in the doldrums, the U.S. economy and the collector car market are far from the heady days of only a couple of years ago, and to add insult to injury, newcomers are moving in across town to compete for his market segment. Against this backdrop, Russo is doggedly forging ahead, maybe working a little leaner and a bit harder, but with no less enthusiasm. The 112 cars offered this year vs. the 152 of 2008 is an illustration of this point. The sold rate was higher this year than last, at 54% vs. last year's 47%. However, pointing out just how difficult it was to find waving paddles this year, Russo's overall total of $4,973,565 was down 45% from last year's $9,107,875. Billed as “Sports and Muscle,” the emphasis defi- nitely swung toward “Sports” in 2009. This year's high sale went to a sweet red 1964 Shelby Cobra 289 roadster at $473,050. The number two sale also went to a Shelby, this time a 1965 GT350 R fastback, with Shelby driver's school history (and re-assigned chassis numbers), at $396,000. If it weren't for the other pair of Shelbys sold—a '65 GT350 at $173,250 and a '66 GT350 H at $143,000— you'd would have had to wade through a whole lot of “Sports” cars before the next “Muscle” car sold on the block. This may have had something to do with Porsche 102 being the featured marque at the Historics this year. Russo racked up a total of ten of Stuttgart's finest sold, eight of which were 356s. Leading the way was a spectacular 1961 356 Carrera 2/2000 GS cabriolet that was originally Ferry Porsche's personal car. It sold at $330,000. Next were two silver 356A Speedsters. The 1956 sold for $154,000 and the 1957 for $137,500. Then came a '64 356C “Outlaw.” That's for sure: With a 3.3-liter 930 Turbo engine tucked neatly in back, you might as well go straight to your local highway patrol station and hand over your license. It was beautifully done and sold at $126,500. And for the serious Porsche collector, Russo even had an über-rare Reutter split-window 1500 coupe (profiled on p. 40). It sold for $110,000. Other notable European sales included a striking 1939 Alvis Speed 25 Cross & Ellis Tourer at $231,000 and one of the rare 1959 BMW 503 V8-engined coupes at $156,750. No-sales included a 1970 Lamborghini Miura P400 S, a 1960 Ferrari 250 GT Series II cabriolet (reportedly once owned by Joey Heatherton), and Skip Barber's 1965 Ferrari 275 GTB/4, once a Speed TV “Dream Car Garage” restoration. John Greenwood's 1975 IMSA Champion Corvette, “The Batmobile,” also failed to find the right buyer. Russo and Steele, with its parking lot event Sales Totals open to the public in Old Monterey, remains an essential ingredient in the wonderful madness of the week. However, this kind of sales decline isn't what you are looking for when you go through the monumental effort of putting on an auction in Monterey. We can only assume the Russo braintrust is busy plotting their course for next summer, and we expect to see sales increase. We'll be watching their tenth anniversary sale this January in Scottsdale for evidence of how they are adapting to this changing economy. ♦ $3m $6m $9m $12m $15m 2009 2008 2007 2006 2005 10%, included in sale prices Sports Car Market

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Russo and Steele Monterey, CA ENGLISH #F434-1939 ALVIS SPEED 25 tourer. S/N 19575. Red/black cloth/ black leather. RHD. Odo: 90,446 miles. Coachwork by Cross & Ellis. Full restoration in 1992. Hershey Junior winner that year, shown at Pebble and Amelia Island in 2002. No 37 of was in it having “only” a 1250 and not the 1500 engine. Body and paint were actually too good to be mistaken for stock. Well bought. #S601-1958 MORRIS MINOR Traveler Woodie wagon. S/N MAW3L696151. Gray & wood/red vinyl. Odo: 66,733 miles. Quickie paint job over dented and rusted panels. Poor panel gaps, worn brightwork, rotting seals. Hood missing stiffener, floors patched with pop-riveted metal. Interior fair. Roof rack with wheels and disc brakes. Cond: 2-. SOLD AT $47,300. MG A twin cams are rare today, as their engines blew up a lot when they were new. Now a collector's item, they can be fully sorted to be reliable and make good power too. That being said, I'm not too sure this example was quite that sorted out yet. Well sold. 38 built in 1939. Body and paint still concours, interior excellent. Flat folding windshield, dual sidemounts. Cond: 1-. SOLD AT $231,000. Still a stunning motorcar, made by one of the all-time great English marques. Not quite a Pebble show winner, but supremely finished throughout. Well bought. #S612-1939 DAIMLER DOLPHIN Dual Cowl drophead coupe. S/N 28554. Brown two tone/brown vinyl. RHD. Odo: 80,945 miles. Petersen Museum car. Scratches and minor flaws in paint, nice brass brightwork. Good interior, but in vinyl. One of only twelve built, and #S627-1961 surfboard. A-series BMC 1098-cc 4-cyl with Weber 2-bbl and 4-speed transmission. Cond: 5. SOLD AT $12,100. Morris Minors are full of character and are also surprisingly fun and practical. The Traveler is worth a bit more than the base sedan, but unfortunately, this one was an example of what to beware of at auction. When you see a cute accessory like a surf board, think rust bucket, not fun in the sun! Well sold. #S602-1958 MG A coupe. S/N HDR4357801. Maroon/tan leather. Odo: 2,273 miles. Older restoration. Body decent with some wear and scratches in paint. Brightwork OK, interior good with some wear from use, aftermarket steering wheel fitted. Non-original engine. Cond: 3. SOLD AT $20,625. First seen at Kruse Scottsdale in January '00, where it one of four known to exist now. Cond: 3. SOLD AT $40,700. A rare, museum-quality car, but it's never going to appreciate a ton. Unusual but really cool dual cowl bodywork—if you squint and imagine just a wee bit, you can almost believe you're off to the Savoy for cocktails in pre-war London. Well bought. #F403-1954 MG TF 1250 roadster. S/N HDE466494. British Racing Green/tan/tan leather. Odo: 16,925 miles. Fresh frame-off restoration. Powder coated frame, overbored stock 1250 engine. Matching numbers, body work, paint, and chrome all excellent. Cond: 1. SOLD AT $23,500. A nicely done restoration in a striking color combination. The only negative failed to sell at $21,000 (SCM# 15728). Seen again at Barrett-Jackson's Scottsdale sale that same month, where it again failed to sell, this time at $29,150 (SCM# 3671). Then sold at Russo and Steele's Scottsdale auction in January '06 at $28,050 (SCM# 48538), before being offered here last year, at that time failing to bring $24,000 (SCM# 117536). A decent driver that will never be a show car without another complete restoration. Well sold. #S664-1960 MG A Twin Cam roadster. S/N YD32446. Old English White/red leather. Odo: 40,424 miles. Freshly restored, with some visible marks under paint. Body panel fit varied, doors stick out a quarter inch. Interior good. Rare twin cam model with Dunlop 104 BENTLEY S2 CONTINENTAL drophead coupe. S/N BC53LBY. Shell Gray/black cloth/black leather. Odo: 97,806 miles. Recent respray on a straight original body. Excellent interior and top, Park Ward body, first series with the V8. Fitted with a/c, 3-speed auto, and drum brakes. Cond: 2. SOLD AT $145,200. Excellent driverquality Continental. Smashing good looks, but expensive to maintain. At the higher end of the market for its condition, but still not a bad deal for either party involved. #F425-1962 AUSTIN-HEALEY 3000 BT7 roadster. S/N HBT7L14608. Polished aluminum/black cloth/beige leather. Odo: 47,854 miles. Polished aluminum body with good gaps and straight panels. Interior freshly done, not original. Rebuilt chassis and new wiring harness, epoxy primered frame with orange finish coat. Rebuilt engine and 4-speed with OD. Pertronix ignition, 72-spoke chrome wires with Kumho tires, stainless exhaust. Cond: 3+. NOT SOLD AT $72,500. When does it become an obsession and not just a hobby? This big Healey crosses the line. Cars prepared like this one have to find that one buyer who thinks it's as special as the seller does, which is a tall order. Not sold as a result. Sports Car Market

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Russo and Steele Monterey, CA #F452-1964 JAGUAR XKE SI 3.8 convertible. S/N 881580. Dark blue metallic/black cloth/cream leather. Odo: 36,269 miles. Restored in 2001. Body panel fit varied, bumpers loose on mountings, front of hood sheetmetal all stretched. Subframes painted in-situ, paint chipped at top of left B-post by door cap, right hand door hinge seizing up. with fresh paint. Most brightwork only OK, bumper replating and fit poor. Original interior in average condition. DOHC six with triple SU carbs and slush box automatic trans. Cond: 3. SOLD AT $85,305. Last seen at RM's Fort Lauderdale sale in February '09, where it sold at $39,600 (SCM# 119544). Values for the DB6 have lagged behind its more famous brethren, but they're still magnificent grand tourers with real pedigree. This would be a good one to enjoy without having to fret about stone chips. #S605-1969 JAGUAR XKE SII 4.2 convertible. S/N 1R11219. Red/black cloth/tan leather. Odo: 53,584 miles. Very good body and paint—not over-restored. Good chrome and rubber, well-fitted interior. California car, 20plus years in the Art Astor Collection. Heritage Interior new but lacking detail work. The last year of the Series I 3.8 E-Type convertible, with 265-hp DOHC six. Cond: 3. SOLD AT $67,100. Last seen at RM's Monterey sale in August '02, where it failed to sell at $50,000 (SCM# 28773). Another E-type Jag with needs. From across the parking lot, she's a beauty, but snuggle up closer and try to open the passenger door or relatch the bonnet. Even so, the buyer paid OK money, so it might end well anyway. #S620-1965 AUSTIN-HEALEY 3000 Mk III convertible. S/N HBJ8L30993. Maroon/tan vinyl. Odo: 519 miles. Fresh, complete Kurt Tanner restoration. Excellent body, paint, and chrome. New rubber, new interior, nice walnut dash. 2.9-liter six and 4-speed with overdrive, stainless steel exhaust. Heritage certificate, Trust certificate. Cond: 2+. SOLD AT $49,500. If this Series II E-type convertible had been a Series I instead, you could add at least $30,000 to the price instantly. A really solid, honest car without the investment potential of the earlier Series I or later Series III open cars—but probably much easier to live with than either one of those. Well bought. FRENCH #S635-1960 FACEL VEGA HK500 coupe. photo album of restoration. California titled. Cond: 1. SOLD AT $74,800. Last seen at Barrett-Jackson's Scottsdale sale in January '08, where it sold at $77,000 (SCM# 48617). A beauty. Big Healeys have the flash, and this one certainly didn't disappoint. One of the latest versions with the most refinement and power. Well bought and sold. #S622-1967 ASTON MARTIN DB6 coupe. S/N DB63173R. Silver/dark blue leather. RHD. Odo: 91,010 miles. Average bodywork steering, and 4-wheel Dunlop disc brakes. Cond: 1-. SOLD AT $84,700. A supreme Grand Tourer... thank goodness the HK500 was equipped with disc brakes, as with 360-plus hp and 4,000 lb to try and slow down, it needs them. A favorite among collectors, and in really nice shape throughout. Well bought. GERMAN #F431-1957 PORSCHE 356 Speedster. S/N 83898. Silver/black cloth/black leather. 106 Sports Car Market S/N HK1BX6. Tudor Gray/maroon leather. Odo: 9,577 miles. 383-ci V8, 2x4-bbl, 4-sp. Excellent paint and chrome, new interior, small cracks in steering wheel. One of 540 made. Chrysler Wedge 383 with dual quads, power Mecum's Belvidere auction in May '07, where it failed to sell at $85,000 (SCM# 45419). Seen again at Russo and Steele's Scottsdale sale in January '09, where it sold at $165,000 (SCM# 119262). BMW's first post-war sports coupe, based on the 502 sedan. Slightly heavy, rare, and overshadowed by the pretty Type 507. For the BMW collector. An unusual find, and a good price for both parties. #F437-1961 PORSCHE 356 Carrera 2/2000 GS cabriolet. S/N 154626. Light blue metallic/black cloth/black leather & cloth. Odo: 56 km. Ferry Porsche's personal car from '61 to '65. Extensive documentation and history, 4-cam Carrera engine factory installed. Older restoration still in show-winning condition. Cond: 1. SOLD AT $330,000. Last seen at RM's Monterey sale in August '98, where it failed to sell at $220,000 (SCM# 17000). A really great Porsche to invest in. Big money, but a Super example of a Speedster. Full restoration in 2002, silver paint and bodywork impeccable. 1000 miles on Shasta-built engine. Porsche certificate included, history from the '70s. Cond: 2+. SOLD AT $137,500. A beautiful Speedster that still shows extremely well. Well bought and sold. #S646-1959 BMW 503 coupe. S/N 69383. Silver/brown leather. Odo: 61,307 km. Original paint and body with only some visible touchups. Chrome good for its age, original 2+2 interior in good condition with only carpets replaced. Rudge wheels. One of 412 produced. Cond: 2. SOLD AT $156,750. First seen at

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Russo and Steele Monterey, CA sure-fire way to guarantee no one else on your block has one like it. Well bought. #S660-1964 AMPHICAR 770 convertible. S/N 100251. Baby blue/white vinyl/light blue & white vinyl. Odo: 3,612 miles. Designed by Hans Trippel. Original miles from new. Really good body and paint, excellent interior. 68 mph and scratches. Chrome weathered, rubber rotting. Interior good for being original. Original engine compartment, factory a/c, factory removable hard top. Cond: 3. SOLD AT $23,100. A slightly tatty example that still presented a good value. Most of the defects were cosmetic in nature and won't hurt either its long-term value or its current usability as a fun Saturday driver. ITALIAN #S639-1929 ALFA ROMEO 6C 1750 SS by land and 7 knots by sea. Triumph Herald power. Cond: 2. SOLD AT $50,050. A novel rust magnet just oozing with charm. Values have been high for these over the past few years, but the market has calmed down a bit in recent months. Well sold. #S629-1964 PORSCHE 356C Outlaw coupe. S/N 215815. Black/black leather. Odo: 5,980 miles. 356C with 930 turbo six conversion. Finished in 2006, comes with over $115k in receipts. Beautiful flared bodywork and PPG paint, new chrome, glass, and rubber. Interior Butterfields's Greenwich sale in June '09, where it failed to sell at $680,000 (SCM# 120867). Thought to be ex-Hugh Gearing, South African enthusiast. The history had some gaps, and the car had major patina, but regardless, it will always be a pre-war supercharged Alfa. A bit more digging into its history should help the seller achieve a higher result. excellent. Custom tubular frame with coil-over shocks and 911 brakes. Cond: 1. SOLD AT $126,500. An absolutely spotless customized Porsche. This car was more than just an engine swap custom—you could eat off the underside. Check your life insurance policy before accepting a ride with the proud new owner. Well bought against the price to build. Outlaws can be a thin resale market, but this has the advantage of an article in Excellence mag, which might help someday. #F404-1965 MERCEDES-BENZ 230SL convertible. S/N 11304210010790. Red/red/ white leather. Odo: 29,280 miles. Original car with two owners from new. Body appears sound, repaint shows some overspray, chips, 3-liter V12 with outside plugs, 4-speed with overdrive, disc brakes. Imported and used by Vilem B. Haan and later by Joey Heatherton. Documentation provided. Cond: 2+. NOT SOLD AT $525,000. An elegant open Ferrari that had great history and excellent cosmetics. An expensive bid, but it still didn't find a new home. #F439-1967 FERRARI 275 GTB/4 coupe. S/N 10045. Fly Yellow/black leather. Odo: 108 Sports Car Market #S643-1960 FERRARI 250 GT Series II cabriolet. S/N 1911. Deep maroon/black cloth/ tan leather. Older restoration by Steve Tillack. Originally gray and red, now in maroon and black. Paint and body still show extremely well. Excellent interior with only minor wear. interior. Factory a/c. Late-production Miura S—one of 140 made. Matching numbers, engine and running gear in mostly original condition. Cond: 3+. NOT SOLD AT $385,000. Very pretty in metallic blue, with lots of S and SV upgrades. Let down a little by decent but not show running gear. A no-sale at a price slightly below the current market level. #S624-1973 DETOMASO PANTERA coupe. S/N THPNNP05566. Red/black vinyl. Odo: 61,107 miles. 351-ci V8, 4-bbl, 5-sp. Decent respray on an original California car. Original interior in good condition, engine clean, transaxle polished. Cond: 2. SOLD AT $31,350. An honest original car. Didn't have spider. S/N 0312901. Red/black vinyl. RHD. Odo: 53,920 km. Older paint with lots of cracking, chips, and shrinkage. Used scruffy interior. Delivered new to South Africa, where it was campaigned. Lots of patina. Cond: 3-. NOT SOLD AT $875,000. Last seen at Bonhams & 74,034 km. A Speed TV “Dream Car Garage” feature restoration ten years ago. Now owned by Skip Barber, with further major engine and chassis work carried out. Matching numbers, originally red with black interior. A rust- and damage-free California car. Cond: 1-. NOT SOLD AT $875,000. This could have been the most immaculate, fully sorted Ferrari GTB in the world, but no buyers were willing to step up to what it was going to take, and it returned home unsold. #S638-1970 LAMBORGHINI MIURA P400 S coupe. S/N 4629. Eng. # 30549. Spectral Blue Metallic/black & gray leather. Odo: 58,450 km. Recently refurbished lowmileage, three-owner car. Beautiful body and paint, good original chrome, excellent original

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Russo and Steele Monterey, CA the schwing factor of a high gloss custom job, but it didn't have the price either. Well bought. AMERICAN #F438-1934 PACKARD SPEEDSTER runabout. S/N 901626. British Racing Green/ brown leather. Odo: 1,624 miles. Full restoration in 1980. Boattail bodywork, body and paint still almost concours. Fitted with dual spotlights suicide doors and power engine compartment cover. Dave West-built 395-ci LS1, sequential paddle shift 4-speed transaxle. Cond: 1. NOT SOLD AT $165,000. An interesting exercise in answering a question nobody asked. Outstanding amount of quality craftmanship, but I don't see anybody making a living off this monster. #F433-1964 FORD GALAXIE 500 Factory Lightweight 2-dr hard top. S/N 4A66R145466. Wimbledon White/red vinyl. Odo: 25,201 miles. 427-ci V8, 2x4-bbl, 4-sp. Factory lightweight Galaxie. Some weathering on door frames, excellent straight body and paint. Headlights mismatched, interior concours. One of 50 lightweights produced in '64. Cold air hood, heater delete, no undercoating. Cond: 2+. NOT SOLD AT $100,000. Last seen at Russo's Scottsdale sale in January and windwings. Interior with only minor wear from use. Cond: 2. NOT SOLD AT $675,000. Still a striking car from any distance, but the crowd wasn't interested past $675k. Maybe next year she'll find a new home. #F453-1956 DESOTO FIREFLITE Sportsman 2-dr hard top. S/N 62049249. Two-tone coral/coral & white vinyl & cloth. Odo: 36 miles. 341-ci V8, 4-bbl, auto. DeSoto's competitor to Chrysler's 300 series, styled by Virgil Exner. Bodywork authentic with varied gaps, paint perfect. Concours interior. Hemi of this year, then bid to an insufficient $150,000 (SCM# 119211). This is a whole lotta car to polish on Sunday—but it's a guaranteed winner in the A&W parking lot on Friday night. Understandably, the seller was looking for more. #S640-1964 SHELBY COBRA 289 road- ster. S/N CSX2492. Red/black /black leather. Odo: 83,973 miles. 289-ci V8, 4-bbl, 4-sp. Perfect body and paint on an extremely original car. Full history. “A” option package, including tuned air cleaner, chrome valve covers, grille guard, wind wings, rear bumper guard, engine with push-button automatic. 36 miles since no-expense-spared restoration. Multiple show winner. Cond: 1. SOLD AT $137,500. The best DeSoto out there? It might just be. In any case, a sure investment with no worries. This was a lot of dollars for 1956 Detroit iron, but it was well spent. #F441-1963 CHEVROLET CORVETTE V7 Twin-Turbo Custom coupe. S/N 30837S111289. Black/black leather. Odo: 50 miles. 395-ci 1,070-hp twin-turbocharged V8, 4-sp. Fully customized twin-turbo, mid-engine Corvette with 0 miles. Black exterior, body widened ten inches and fitted with swinging and luggage rack. Interior very good. Fitted with replacement K-code engine and trans, but supplied with original engine and gearbox as well. Cond: 1-. SOLD AT $473,050. Lots of documentation and lots of originality means this Cobra will always be a prime collectors' piece. Well bought and sold. #F440-1965 SHELBY GT350 R fastback. S/N SFM5R537. White & blue/black vinyl. 289-ci V8, 4-bbl, 4-sp. Fresh complete restoration, extensive documentation. Ford promotional vehicle, Shelby driver's school, SCCA race history. Shelby Registry states it was November 2009 initially planned to be a competition model, but was never completed or sold that way. Shares Shelby serial number with another GT350, which was reassigned to that car after this one was used as the prototype GT500 guinea pig and sold off without engine or transmission. Cond: 2+. SOLD AT $396,000. Lots of history here, but there will always be a story involved when people ask about it. Regardless, it was well bought at today's deflated muscle car prices. #F461-1967 OLDSMOBILE 442 convert- ible. S/N 338677M308974. Provincial White/ black vinyl/black vinyl. Odo: 1,176 miles. 400-ci V8, 4-bbl, 4-sp. New rotisserie restoration with only 1,100 miles since completion. Excellent paint, body, and chrome. Clean wellfitted interior. Fitted with power top, Rally Pac dash, tilt column, power steering, and factory AM/FM radio. Cond: 1. NOT SOLD AT $18,000. Finally, a 442 in a sea of restored 302 Mustangs and Camaros. This is the way it was in the '60s and '70s, kids! The Cutlass was a top seller for many years, and this was a fine example still waiting for somebody to appreciate it. An under-the-money bid. #S636-1969 CHEVROLET CAMARO COPO coupe. S/N 124379N657867. Rallye Green/black vinyl. Odo: 15,596 miles. 427-ci V8, 4-bbl, 4-sp. Rotisserie restoration said to have cost over $225k a few years ago. Excellent paint with typical GM gaps, show-quality interior. One of less than 1,000 produced, and featured on Yenko.net. Complete documentation. Cond: 1. NOT SOLD AT $165,000. The best of the best if you're a Camaro buff, but the seller's expectations were just too expensive for the room this go-around. ♦ 109

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MidAmerica Auctions Pebble Beach, CA Online Motorcycle Auction and MarketPlace Record high sale was $98,100 for a 1912 Flying Merkel VS, while two Brough Superiors were bid to $125,895 and $234,350, but did not sell Company MidAmerica Auctions Date August 14–16, 2009 Location Pebble Beach, California Auctioneer Ron Christenson Motorcycle lots sold / offered 27/83 Sales rate 33% Sales total $547,562 High sale 1912 Flying Merkel VS, sold at $98,100 Buyer's premium 9%, included in sold prices Wild Confederate represented the newer end of collectible bikes Report and photographs by Ray Nierlich Market opinions in italics M idAmerica Auctions held what was billed as the Inaugural Online Motorcycle Auction from August 14 to 16, staged in conjunction with the Pebble Beach Concours d'Elegance, which featured a motorcycle class for the first time. As might be expected from a first effort, there were some seriously confused car aficionados in evidence. The auction was held online at www.proxibid.com as well as “live” at the Pebble Beach RetroAuto MarketPlace. Motorcycle lots had a reserve price, and many had a “buy-it-now” price as well. Of course I qualify the word “live,” as there was no actual auctioneering; if you were interested in a motorcycle, you entered your bid in writing or online. Those expecting a traditional auction were disappointed at first, but if you were a motorcycle fanatic, just seeing all these machines was a reward in itself, and you were willing to enter into the 21st century bidding realm. A few impulse purchases happened quickly, often through “buy-it-now” prices. The fun '48 Whizzer cus- tom tandem sold at $13,353, the '48 Salisbury Scooter went for $11,445, and the '64 Velocette Vogue made $7,085. These bikes were snapped up early in the auction. The high sale and world record for the marque was $98,100 for a rare 1912 Flying Merkel VS. Other collectibles to be found were a set of four CZ motocrossers from World Champion Brad Lackey, which were bid up to $70,850 but did not meet reserve. An immaculate 1924 Nimbus Stovepipe sold at $87,200, while a pair of Brough Superiors—the 1939 White Hunter SS80 and the 1939 SS100 factory brochure bike— were bid to $125,895 and $234,350, respectively, but did not sell. In addition to the auction lots, a new Brough Superior company from Austria made its debut. Austria was the biggest overseas market for the original manufacturer in the 1920s and 1930s (www.brough-superior.com). British CEO Mark Upham was onsite to introduce his new motorcycles to the public, which included funnyman and gearhead Jay Leno, who took one for a spin and told him not to change what he was doing. The two completed bikes Upham showcased fooled many enthusiasts, but they were just too perfect to be restored originals. By the end of the long weekend, MidAmerica had sold 27 motorcycles for a total just shy of $548k. Whether this was due to the online-only bidding style, or simply to the fact that motorcycles in general were a novelty around Pebble Beach, remains to be seen. But MidAmerica is aspiring to develop this venue into a serious annual motorcycle collectors' gathering, and if any auction company can do it, it's them. ♦ 110 Sports Car Market

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MidAmerica Auctions Pebble Beach, CA DANISH #47-1924 NIMBUS STOVEPIPE mo- torcycle. S/N NO511. Dark blue/black solo seat. Fully restored and in concours condition throughout. Fuel in frame, sprung forks and $115,500. A great Brough. Will never to match the SS100 for snob appeal, but still great. This bid was in the right ballpark for this one's history and condition, but it could have brought more, and the seller was right in holding it. #56-1939 BROUGH SUPERIOR SS100 motorcycle. S/N M152. Black & chrome/black solo leather seat. Odo: 273 miles. Fabulous restoration on the 1939 sales brochure bike. 50-degree OHV V-twin engine. 2008 Mid-Ohio Concours Silver/black vinyl dual seat. Odo: 600 miles. 600 miles since full restoration. Excellent chrome and chassis detail. Fitted with clip-ons, 500-cc OHV single, RRT gearbox, GP carburetor, and vented front brake. Cond: 1. SOLD AT $24,525. A nicely done example of one of Britain's best. A streetable cafe racer. Well bought. #7-1959 TRIUMPH BONNEVILLE mo- torcycle. S/N 024634. Eng. # T120024634. Pearl Gray & Tangerine/black vinyl seat. RHD. Odo: 2 miles. First year Bonneville with nacelle and full fenders—unpopular styling at the time. Pre-unit 650-cc parallel twin. Fresh frame, shaft drive. In-line four-cylinder inlet over exhaust four-stroke. Very rare. Cond: 1. SOLD AT $87,200. An early technological marvel, and as presented here, a museum piece. Well bought at the price paid. ENGLISH #74-1930 BSA E30/14 Colonial sidecar motorcycle. S/N XD358. Eng. # XY345. Green/brown leather seat. Sympathetically tidied up incredibly original sidecar rig. Stored 67 years, one family ownership. SV V-twin engine. Cond: 2+. SOLD AT $41,420. Very similar to the BSA with sidecar that placed best of show. Original log book and documentation, owned by Austin Monks for many years. Cond: 1. NOT SOLD AT $215,000. In the U.S, Brough was known for its most famous repeat customer: Lawrence of Arabia. They're reputed to be the Rolls-Royce of motorcycles, and this was one of the best of the best. A high bid, but not enough on the day. #54-1949 VINCENT HRD RAPIDE SERIES C motorcycle. S/N RC4215. Eng. # F10AB12315. Black/black dual seat. Odo: 2,834 miles. Third series Rapide with Girdraulic forks. Matching numbers, very original. Hand made, innovative engineering. Jim Hiddleston restoration to original standards, with some details still to be attended to. Runs in paint on nacelle, gauge face dirty, etc. Never started since rebuild. Cond: 2. SOLD AT $21,800. This bike was reportedly restored from a basket case chopper. While decent, it wouldn't be a show winner unless further details were attended to. Well sold. #17-1964 VELOCETTE VOGUE motor- third in the Pebble Beach Concours the very same day. A crowd pleasing bike rig, and well bought at the money spent. #61-1939 BROUGH SUPERIOR SS80 “White Hunter” motorcycle. S/N M82070. Eng. # BSX4737. Black & chrome/black solo seat. Odo: 584 miles. Restoration now showing only minor scuffs from use. Matching numbers, full history. Sprung Bentley and Draper frame, Castle sprung forks, Matchless SV Vtwin engine. Many factory options including panniers, roll-on center stand, eight-day clock, crash bars, etc. Originally sold to a big game hunter in Nigeria. Cond: 1-. NOT SOLD AT cycle. S/N 17437. Two-tone beige/two-tone vinyl dual seat. Odo: 12,410 miles. Older restoration. Paint shows a fair bit of wear, chips, and scratches. Opposed side-valve water-cooled twin engine, shaft drive. Based on the earlier LE model but with mod fiberglass body work. OHV V-twin. Older restoration still shows extremely well. Designed by famous engineer Phil Irving. Cond: 2-. SOLD AT $45,780. A Harley eater back in the day, and maybe still. A savvy buyer recognized what a great bike this was and grabbed it up just after the online bidding closed. Well bought. #15-1956 BSA DB34 Gold Star Clubman motorcycle. S/N CB328793. Eng. # DB3. Rare. Cond: 3. SOLD AT $7,085. A most unusual motorbike—some would disparagingly call it a scooter. Velocette was already on the ropes when this model hit the showroom, mostly because of foolishly investing so much in such a controversial design. Fascinating technology and certainly hard to find, and I'd call it well bought at this price. #62-1973 NORTON 850 COMMANDO motorcycle. S/N 317217. Red/black vinyl dual seat. Odo: 7 miles. A new, original motorcycle out of a crate. Few minor spots of corrosion on controls, front rotor appears to have been November 2009 111

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Glovebox Notes 2010 Ford Fusion Hybrid A brief look at cars of interest that have passed through the SCM stable. HHHHH is best. controlled oiler, clutch with chain drive, sprung forks and frame. Cond: 2+. SOLD AT $98,100. The VS is an incredibly rare and significant motorcycle, and this was a museum-quality example. Rightfully set a world record price for the model. #60-1913 INDIAN 8-VALVE Board Track motorcycle. Eng. # 91E748. Dark red/tan leather solo saddle. Beautiful restoration by Price as tested: $30,780 Likes: Fuel-sipping 2.5L gas-electric hybrid drive delivered combined 38 mpg during Monterey week, with plenty of passing power when needed. Smooth-shifting CVT. Attractive exterior styling; comfortable leather interior seems well done; blind-spot warning, Sony stereo is plenty loud. Gripes: At this trim level, one-touch up/down window feature should be on all four, not just driver's. Even on MAX setting, a/c was powerless to tame San Jose's 95-degree outside temps. Push-down dashtop compartment is a poor, frustrating design. Fun to drive: HHHH Fun to look at: HHH Overall experience: HHHH Verdict: I would buy this Ford—haven't said that in a long time. It's a roomy, comfortable, highly efficient machine capable of more mpg than I got from it (1,445 miles to a tank— Google it!). My gripes are just annoyances, actually, and I'm impressed.—Stefan Lombard 2010 Mazda 3 Grand Touring blasted. Stainless spokes, missing turn signals. Isolastic vibration isolation frame. Bert Hopwood's venerable parallel twin in its most developed state. Cond: 1-. SOLD AT $17,713. Typically English and fiddley to sort out right, but when done properly, these are quite a performer, and they're not hard to look at either. Many a youth was damaged permanently by the Norton ad campaign back then. Probably the record price for one of these, but they're only factory-new once and are getting rarer every day. AMERICAN #37-1906 INDIAN TRI-CAR tricycle. Flat black/brown leather solo saddle. Very early, very rare example. Rebuilt single cylinder fourstroke engine, chain drive. Cosmetically in Fred Lange. 8-valve OHV V-twin engine, chain drive. No brakes, white tires. Cond: 1. NOT SOLD AT $35,000. A gorgeous well-restored Indian board track racer from Indian's prime years. Not sold at an under-the-money bid. #10-1938 INDIAN SPORT SCOUT mo- torcycle. S/N 638936. Eng. # FCH936. Red & black/tan leather solo saddle. Odo: 5 miles. Freshly restored by Jim Crocker, with beautiful paint and nice detailing. 45-ci side-valve V- Price as tested: $23,995 Likes: Superior-handling subcompact. Lively 2.5L DOHC 4 cranks out 167 hp. Slick 6speed, well modulated steering with mild torque steer. Leather interior with comfortable, heated front seats; rear seats two adults. Trunk sizable, pass-through useful. Instruments/ switches/controls obvious, self-leveling headlights. Bose/Sirius stereo package excellent. Dislikes: Annoying road noise on poor surfaces. Ugly grille. $1,395 seems like a lot for the sunroof/6-CD/stereo option package. Fun to drive: HHH Fun to look at: HH Overall ownership experience: HHH Verdict: A lot of car for the money—and a good car at that. Too bad Ford never learned much from its one-time partner. A light foot should deliver 30-plus mpg on the highway.—Paul Duchene ♦ original condition with loads of patina. Cond: 3+. NOT SOLD AT $118,000. A collector's item, and lots of patina doesn't hurt value on something this rare and old. An expensive price, but it wasn't enough for the seller. #33-1912 FLYING MERKEL VS motor- cycle. S/N VSNC5946. Deep blue/brown leather solo saddle. Older restoration, some cracks and scratches in paint, cracked grips. Top-of-the-line high-performance model. V-twin, atmospheric inlet over exhaust, ball bearing engine. Throttle- twin, first year of instrument panel. An AMCA award winner. Cond: 1. SOLD AT $39,240. A gorgeous example of a pre-war Indian, and at this price, it can be considered well bought. #79-1948 WHIZZER CUSTOM tan- dem bicycle. Yellow/brown leather solo saddles. One-off tandem with Whizzer engine known as the “Yellow Cab,” custom built by Robbins Restorations. Two-stroke clip-on engine with belt drive. Cond: 2. SOLD AT $13,353. The hands-down crowd pleaser of this sale. This price was a lot to pay for a Whizzer, but it's still cheap fun. ♦ 112 Sports Car Market

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Vintage Advertising Prints 13" x 19"; Just $15.95 Available online at www.sportscarmarket.com

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eBay Motors Online Sales The Cars of the Stars To the best of my knowledge, the Pope never raced off-road. The next best thing is Steve McQueen, and this truck is forever blessed with his touch Report by Geoff Archer Market opinions in italics T hey say that provenance is everything, but the value of celebrity ownership can be much more sub- jective. Unless you're the Pope. Or Steve McQueen. 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) #170337638578-1962 ABARTH 2200 Allemano coupe. S/N 051167. Black/tan leather. Odo: 2,600 miles. 1 Photo (!). Los Gatos, CA. “Purchased off of the floor at the 1962 Turin Auto Salon by Briggs Cunningham for his wife who promptly rejected the gift after the car was already imported to New Jersey. Cunningham added the spoke wheels stateside. Restored in black in 1988, and the only other similar coupe in existence remains in a museum in Italy after it was originally owned by Carlo Abarth's wife. Somewhat neglected as it to believe on eBay—and even harder with a zero-feedback buyer. #200348813909-2007 MASERATI QUATTROPORTE GT sedan. S/N ZAMCE39A070028110. White/black leather. Odo: 25,008 miles. 29 Photos. West Hollywood, CA. “This celebrity car has been in US Weekly and in every gossip celebrity site possible... photographed by the paparazzi on several occasions, while associated with Lindsay Lohan.” Condition appears to match low mileage (25k) but no mention is made of her famous rear-ending of a Subaru or numerous tow hook voyages, which are, as the seller points out, more than in the SCM database, this deal was not affected by celebrity country singers or their unsolicited gambling advice. #170304154674-1937 ALFA ROMEO 2300 MM coupe. S/N 815025. Black/tan leather. RHD. 10 Photos. Wheeling, IL. “Benito Mussolini's personal car... a very historical auto purchased off the auction block at the Kruse Select Auction.” SCM #42819, sold for $426,600 in August, 2006. “This car was raced in the Mille Miglia of 1937 by Mussolini's racing team and private chauffeur, Ercole Boratto, the needs electrical sorting and exterior freshening. The 6-cylinder engine has three Weber carbs and produces 140hp. Window regulators are frozen, turn signals, brake lamps, fuel gauge, temp gauge and horn are non operable, front bumper and grille trim missing.” 7 bids, sf 15, bf 3. Cond: 4. SOLD AT $32,100. Rarity, aluminum coachwork, and interesting provenance make this a fair price for a big projectini. #220275183263-1981 FERRARI 512 BB coupe. S/N F102BB38061 . Rosso Corsa/tan & black leather. Odo: 47,411 miles. 39 Photos (some duplicates, including nine of the Cardiff Classics dealership parking lot). Encinitas, CA. Not an injected car. “47k original miles. Original Ferrari Books and Tools are included. Originally purchased and imported by Country & Western Superstar ‘Kenny Rogers'.” 1 Buy-It-Now bid, sf 145, bf 46. Cond: 2+. SOLD AT $139,500. Well triangulated by several other similar cars 114 cousin of Mussolini.” 1 Buy-It-Now bid, sf 412, bf 0. Cond: 2. SOLD AT $1,200,000. Beautiful lines and Mille Miglia provenance would make any pre-war Alfa expensive. One would think that that being owned by a WWII dictator could easily push it into seven figures. I wouldn't trust this particular valuation, however, as tripling a Monterey sale from just three years ago is hard Sports Car Market well documented. $150,000 Buy-It-Now price. 16 offers, sf 129. Cond: 2-. NOT SOLD AT $35,000. Maybe Lindsay reads celebritycarsblog.com, which commented, “It seems like Lindsay Lohan and her Maserati are always in trouble. Maybe she just needs to get a Prius.” Still, $35k is a joke of an offer—even if fame is expected to make no difference. Seller was right to reject it, but will obviously have to come down to current (pedestrian) dealer retail—or even NADA wholesale—to close the sale of a used luxury sedan in this market. #290326312992-1967 HURST BAJA BOOT dune buggy. S/N MICH67229. Red w/Hurst livery/tan canvas/black vinyl. 48 Photos. Houston, TX. One of 2. “Underwent a four year, documented ground up restoration by Ryan Falconer Racing Engines after the previous owner purchased the car in 1996. It was brought

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Online sales of contemporary cars. Fresh Meat back to its 1968 configuration, with proper Hurst decals, correct red paint and is equipped with the ‘Baja Bucket' seat designed and patented by Steve McQueen to reduce injuries in roll over accidents.” Tube frame w/Corvette rear suspension supporting 350 V8. Immaculate. 38 bids, sf 38, bf 31. Cond: 1. NOT SOLD AT $182,100. To the best of my knowledge, the Pope never raced off-road. The next best thing is Steve McQueen, of course, and although the wheel fell off while he raced it, this truck is forever blessed with his magic (and expensive) touch. eBay bidders came up short, but I'll bet it would quickly find a new home at a live auction. #180309380207-1968 SHELBY EXP500 CSS “Black Hornet” coupe. S/N 8R01S108113. Stetson Black/black vinyl. Odo: 500 miles. 13 Photos. Gardena, CA. “Began life as a vintage 1968 Mustang, and was transformed into an authentic Shelby muscle car worthy of inclusion in the Shelby Worldwide Registry. Created under the direction of racing legend Carroll Shelby, the Shelby EXP500 CSS ‘Black Hornet' pays tribute to its chrome and green prototype, Music and Celebrity Cars...” 7 bids, sf 682, bf 3. Cond: 3. SOLD AT $27,100. A couple of pristine late-'70s Trans Ams have recently sold for almost double this amount (SCM# 120379 & 120169). That's not to suggest that Barris's gaudy customization hurt this car's value. To me it comes down to two things: 1) This car is not pristine, and with mileage omitted from the description, one can only assume that it is average; 2) '70s Trans Am buyers aspire to be Burt Reynolds blasting down a country road, not John Travolta strutting along a Brooklyn sidewalk. Fair price for what it is. #130304720313-1996 BUICK ROADMASTER wagon. S/N 1G4BR82P4TR409945. Blue metallic/blue leather. Odo: 26,720 miles. 16 Photos. Stamford, CT. Bought new by actor Anthony Quinn. Wood sides delete option. Engine size (305 or 350) is not mentioned. Looks terrific in 2009 Lamborghini Gallardo LP560-4 Date sold: 09/05/2009 eBay auction ID: 120463875363 Seller: Lamborghini Dallas, Dallas, TX, www.lamborghinidallas.com Sale Type: Used car, 1,320 miles VIN: ZHWGU54T39LA08605 Details: Matte Black/tan ad personam interior, e-gear, Bluetooth, heated power seats, rear camera, navigation, transparent engine cover, carbon ceramic brakes Sale result: $210,888, 1 Best-Offer bid, sf 172, bf n/a. MSRP: $288,110 Other current offering: O'Gara Coach Company, Beverly Hills, CA, www.ogaracoach.com, asking $224,999 for allblack one with 150 miles. 2009 Mercedes-Benz S65 the Shelby Green Hornet, and is the only approved reproduction. Auctioned by Restoration Hardware to benefit the Carroll Shelby Children's Foundation™.” 76 bids, sf 0, bf 0. Cond: 1. SOLD AT $160,100. It has to be the power of the Registry that helped a relatively low-horsepower coupe resto-mod phantom (albeit a pretty one) sell in the GT500 KR price range. Probably not a moneymaker for the builder, and it probably won't be for the buyer, either. Fair price for this interesting footnote to Ol' Shel's halcyon days. #160175750913-1979 PONTIAC TRANS AM Custom coupe. S/N 224871L101401 . Silver w/ “Travolta Fever” graphics/brown leather & mottled cowhide. 24 Photos. Newport Beach, CA. “Custom built for John Travolta in the late '70s by George Barris and featured in Darryl Starbird's Rod & Custom Car Shows through the early 1980's. The Travolta Fever... included features such as sculptured fender flares with innovative NASCAR inspired Air Ducts and a Custom Rear Whale Tail. It is a time capsule highlighting the Hollywood fads of the late '70s and early '80s featuring...Saturday Night Fever, Urban Cowboy, Disco, Country all respects. 30 bids, sf 359, bf 461. Cond: 1-. SOLD AT $13,000. This went for about double what a similar car with double the miles would sell for. No way to know how much of that markup was low miles, and how much of it was celebrity. Although it's romantic to think that fame made the difference, I determined years ago that not even Elvis can make such a multiple. #140284923828-1996 FORD WINDSTAR Saleen S281 minivan. S/N 2FMDA5147TBA62586. Gray metallic/gray leather. Odo: 28,236 miles. 24 Photos. North Hollywood, CA. One of one. “Built by FORD, Tim Allen and Steve Saleen... but, by the time the build was complete (2 years) Ford decided to change the Windstar body, thus ending the program before it got started. Paint is in great shape although there is some light cracking where the Date sold: 07/12/2009 eBay auction ID: 400061392709 Seller ID: TwentyFirstCenturyAuctions Sale Type: Used car, 7,155 miles VIN: WDDNG79X09A256405 Details: Arctic White/black AMG Exclusive Leather. Never titled. 604-hp 6.0L V12 Sale result: $139,888, 1 bid, sf 839, bf n/a MSRP: $199,500 Other current offering: Straight Line Automotive Group, Dallas, TX, www.straightlineautomotivegroup.com, asking $176,444 for similar car with 5,463 miles. 2010 Shelby GT500 fiberglass flares meet the body. Some molding glue noticeable on sliding doors. Everything works. This van has rarely been used and is in great shape.” Brakes and tires new. “There is a check engine light on due to the Supercharger.” 33 bids, sf 276, bf 113. Cond: 3-. SOLD AT $22,600. Hmmm. I'll have to see a few more Tim Allen-related car sales before expanding the group of celebrities whose name actually multiplies car values from the Pope and Steve McQueen to what would be a really unlikely (and likely unholy) trinity. Until then, I'll just have to say well sold... very well sold. ♦ November 2009 Date sold: 09/04/2009 eBay auction ID: 200378301391 Seller: Lone Star Ford, Houston, TX, www.lonestarford.com Sale Type: New car, 18 miles VIN: 1ZVBP8JS0A5124547 Details: Performance White w/red Shelby stripes/charcoal leather. 540-hp 5.4L V8, 6-speed manual Sale result: $54,995, 10 bids, sf 184, bf n/a. MSRP: $49,995 Other current offering: M&M Ford, Epsom, NH, www .m-mford.com, asking $50,745 for a gray one with 10 miles.

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MONTEREY RECAP THE NUMBERS Monterey's Top 200 In all, 561 of 836 cars changed hands on the Monterey Peninsula for $119,784,028, with an average price per car of $213,818 Rank 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 116 Sold Price Model $7,685,000 1965 Shelby Cobra Daytona Coupe $5,115,000 1962 Ferrari 250 GT SWB California Spyder $4,180,000 1933 Alfa Romeo 8C 2300 Drophead Coupe $3,300,000 1935 Duesenberg Model SJ Roadster $2,750,000 1958 Ferrari 250 GT LWB California Spyder $2,530,000 1952 Jaguar XKC-type Roadster $1,980,000 1955 Aston Martin DB3S Roadster $1,650,000 1953 Aston Martin DB 2/4 Drophead Coupe $1,540,000 1954 Ferrari 500 Mondial Series I Roadster $1,437,000 1933 Duesenberg Model J Torpedo Convertible Victoria “Hopalong Cassidy” $1,430,000 1935 Duesenberg Model SJ Disappearing Top Convertible Coupe $1,375,000 1938 Bugatti Type 57C Special Coupe $1,078,000 1934 Mercedes-Benz 380 Sport Roadster $1,045,000 1954 Aston Martin DB 2/4 Competition Spider $946,000 1929 Rolls-Royce Phantom I York Roadster $935,000 1958 BMW 507 SII Convertible $900,000 1938 Talbot-Lago T120 Roadster $880,000 1937 Bugatti Type 57C Atalante Coupe $880,000 1973 Ferrari 365 GTB/4 Daytona Spyder Auction & Lot Mec, #S104 G&C, #135 G&C, #139 G&C, #130 G&C, #37 RM, #554 RM, #562 G&C, #62 G&C, #117 B&B, #223 RM, #533 G&C, #31 G&C, #149 G&C, #126 G&C, #116 G&C, #132 RM, #544 G&C, #129 RM, #548 $804,500 c.1931 Bentley 4½ Liter Birkin Style Supercharged Tourer B&B, #254 $804,500 1952 Ferrari 212 Inter Vignale Coupe “Bumblebee” $804,500 1961 Mercedes-Benz 300SL Roadster $781,000 1952 Ferrari 225 S Sport Berlinetta Vignale B&B, #235 B&B, #242 RM, #529 $722,000 1929 Bentley 4½ Liter Birkin Team Spec Supercharged Tourer $682,000 1911 Rolls-Royce Roi-des-Belges Tourer $660,000 1924 Delage GL Skiff-Torpedo $632,500 1939 Lagonda LG6 Rapide Cabriolet $627,000 1927 Packard 343 Convertible Sedan $605,000 1965 Ferrari 275 GTB Coupe $605,000 1937 Rolls-Royce Phantom III Henley Roadster $600,000 1931 Miller V16 Racing Car $583,000 1957 Ferrari 250 GT Boano Coupe $572,000 1968 Chevrolet Corvette L88 Coupe $572,000 1966 Shelby Cobra 427 Roadster $561,000 1957 Mercedes-Benz 300SL Roadster $557,000 1955 Alfa Romeo 1900C Super Sprint Berlinetta $557,000 1949 Talbot-Lago Type 26 Course Grand Prix $550,000 2010 Bentley Mulsanne Grand Bentley Sedan $550,000 1931 Cadillac 452A V16 Sport Phaeton $550,000 1957 Ferrari 250 GT Boano Coupe $546,000 1955 Mercedes-Benz 300SL Coupe $544,500 1955 Mercedes-Benz 300SL Coupe $777,000 1938 Peugeot 402 Darl'mat Legere Special Sport Roadster B&B, #248 $750,000 1932 Packard Model 904 Custom Eight Convertible Victoria G&C, #34 B&B, #238 G&C, #35 G&C, #36 RM, #536 G&C, #137 RM, #534 RM, #539 RM, #523 RM, #570 RM, #537 G&C, #114 G&C, #89 B&B, #246 B&B, #262 G&C, #133 G&C, #65 G&C, #159 B&B, #221 G&C, #169 Rank 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 Sold Price Model $529,500 1953 Porsche Typ 540 America Roadster $517,000 1922 Hispano-Suiza H6B Labourdette Skiff Torpedo $506,000 1932 Auburn V12 Boattail Speedster $506,000 1938 Buick Limited Series 80 Opera Brougham $495,000 1956 Mercedes-Benz 300SL Coupe $495,000 1956 Mercedes-Benz 300SL Coupe $473,050 1964 Shelby Cobra 289 Roadster $467,500 1962 Ferrari 250 GT Series II Cabriolet $462,000 1991 Ferrari F40 Coupe $451,000 1966 Ferrari 275 GTS Convertible $445,500 1965 Bizzarrini 5300 GT Strada $440,000 1952 Ferrari 212 Touring Barchetta $440,000 1964 Shelby Cobra 289 Roadster $429,000 1939 Delahaye 135MS Competition Drophead Coupe Auction & Lot B&B, #253 G&C, #131 G&C, #32 G&C, #23 RM, #543 RM, #566 R&S, #S640 RM, #540 RM, #551 G&C, #45 G&C, #33 RM, #569 G&C, #47 G&C, #25 $429,000 1934 Rolls-Royce Phantom II Continental Drophead Coupe G&C, #138 $418,000 1962 Dual-Ghia L6.4 2-Door Hardtop $415,000 1967 Bizzarrini 5300 GT Strada Alloy Coupe $407,000 1924 Hispano-Suiza H6B 32CV 6.6-Liter Coupe deVille $396,000 1965 Shelby GT350 R Fastback $396,000 1964 Ferrari 250 GTL Lusso Coupe $396,000 1903 Packard Model F Rear-Entrance Tonneau $385,000 1959 Ferrari 250 GT Series II Cabriolet $374,000 1956 Ford F100 Custom Cab Pickup $368,500 1946 Mercury Sportsman Convertible $363,000 1957 Dual-Ghia Convertible $349,800 1940 Packard Super 8 Darrin Convertible $348,000 1935 Lincoln Model K V12 Phaeton $341,000 1964 Aston Martin DB5 Coupe $341,000 1966 Aston Martin DB5 Coupe $341,000 1966 Aston Martin DB6 Mk I Vantage Coupe $341,000 1938 Jaguar SS 100 3½-Liter Roadster $330,000 1912 Packard Model 30 7-Passenger Touring $330,000 1961 Porsche 356 Carrera 2/2000 GS Cabriolet $319,000 1966 Lamborghini 400 GT 2+2 Coupe $319,000 1927 Minerva A1 32CV Sport Sedan $318,000 1973 Ferrari 365 GTB/4 Daytona Spyder Conversion $309,500 1930 Cadillac Series 452 V16 Armored Imperial Sedan $308,000 1927 Bentley 3 Liter Tourer $308,000 1930 Bugatti Type 49 Cabriolet $304,000 1971 Lola-Chevrolet T260 CanAm Racing Spider $302,500 1963 Alfa Romeo TZ (TZ-1) Coupe $297,000 1933 Chrysler Custom Imperial Series CL $286,000 1956 Bentley S1 Continental Coupe $275,000 1948 Ford Super Deluxe Sportsman Convertible $275,000 1960 Maserati 3500 GT Spyder $264,000 1957 AC Ace Bristol Roadster $264,000 1950 Jaguar XK 120 Alloy Roadster G&C, #48 RM, #552 G&C, #155 R&S, #F440 G&C, #3 G&C, #14 RM, #522 RM, #546 RM, #135 G&C, #108 Mec, #S87 B&B, #230 RM, #561 RM, #368 G&C, #144 RM, #553 G&C, #15 R&S, #F437 G&C, #121 G&C, #13 Mec, #S80 B&B, #229 G&C, #4 G&C, #24 B&B, #259 RM, #575 G&C, #165 G&C, #142 RM, #125 RM, #557 G&C, #61 RM, #576 Sports Car Market

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Rank 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 Sold Price Model $264,000 1936 Packard Twelve 2/4-Passenger Coupe Roadster $254,500 1964 Jaguar XKE Factory Racer $253,000 2008 Lamborghini Murcielago LP640 Coupe $253,000 2008 Lamborghini Murcielago LP640 Coupe $253,000 1961 Maserati 3500 GT Spyder $249,000 1948 Daimler DE-36 Green Goddess $247,500 1946 Ford Super Deluxe Station Wagon (MarmonHerrington) $247,500 1937 Packard Model 1507 Convertible Coupe $242,000 1946 Ford Super Deluxe Sportsman Convertible $242,000 1901 Panhard et Levassor 7CV Rear-Entrance Tonneau $242,000 1927 Stutz Model AA 4-Passenger Speedster $236,500 1937 Cord 812SC Convertible Coupe $236,500 1939 Ford Deluxe Station Wagon $232,500 1973 Porsche 911 RS Touring $231,000 1939 Alvis Speed 25 Cross & Ellis Tourer $231,000 1960 Aston Martin DB4 SII Coupe $231,000 1995 Bentley Continental Turbo Convertible $231,000 1957 BMW 503 Cabriolet $231,000 1964 Dean Van Lines Indianapolis Roadster $231,000 1957 Facel-Vega FV2B Convertible $220,000 1948 Chrysler Town & Country Convertible $220,000 1957 Ferrari 250 GT Ellena Coupe $220,000 1947 Ford Super Deluxe Sportsman Convertible $220,000 1967 Gurney Eagle Mk III Indianapolis Single-Seater $220,000 1963 Porsche 356B Carrera 2 Coupe $220,000 1914 Stutz Model 4E Touring Car $217,300 1967 Chevrolet Corvette 427/435 Coupe “Ed Cole” $216,000 1961 Cooper-Climax 1.5/2.5 T55 Slimline F1/Tasman Single-Seater $214,500 1947 Ford Super Deluxe Sportsman Convertible $210,500 1934 Cadillac 452-D V16 Convertible Sedan $209,000 1939 Ford Deluxe Station Wagon $209,000 1942 Mercury Station Wagon $203,500 1962 Facel-Vega Facel II Coupe $203,500 1939 Ford Deluxe Station Wagon $201,400 1956 Mercedes-Benz 300Sc Coupe $198,000 1959 Cadillac Eldorado Biarritz Convertible $198,000 1939 Ford Standard Station Wagon $198,000 2009 Lamborghini Gallardo LP560-4 Coupe $198,000 1957 Mercedes-Benz 300Sc Coupe $194,000 1952 Allard J2X “Little Red” Roadster $192,500 1958 AC Ace Bristol Roadster Auction & Lot RM, #571 B&B, #218 RM, #360 RM, #361 G&C, #56 B&B, #260 RM, #154 G&C, #83 RM, #141 G&C, #27 G&C, #104 RM, #574 RM, #550 B&B, #237 R&S, #F434 G&C, #140 G&C, #58 G&C, #158 G&C, #78 G&C, #122 $231,000 1940 Ford Standard Station Wagon (Marmon-Herrington) RM, #134 $221,500 1953 Jaguar XK 120SE Roadster B&B, #266 G&C, #40 RM, #585 RM, #152 G&C, #75 G&C, #28 G&C, #8 Mec, #S86 B&B, #239 RM, #114 B&B, #280 RM, #147 RM, #138 G&C, #50 RM, #126 Mec, #S214 G&C, #39 RM, #156 RM, #362 G&C, #16 B&B, #267 RM, #572 $192,500 1941 Chrysler Town & Country Barrel-Back Station Wagon G&C, #29 $192,500 1953 Jaguar XK 120SE Roadster $188,500 1955 Flajole Forerunner Coupe $187,000 1953 Cadillac Eldorado Convertible $187,000 1930 Cord L-29 Cabriolet $187,000 1966 Rolls-Royce Silver Cloud III Mulliner Park Ward Drophead Coupe $181,500 1949 Chrysler Town & Country Convertible $181,500 2005 Ford GT Coupe $176,000 1955 Alfa Romeo 1900 Super Sprint Cabriolet $173,250 1965 Shelby GT350 Fastback $172,000 1968 Bentley T1 Coupe Speciale November 2009 G&C, #71 B&B, #222 G&C, #44 RM, #387 RM, #563 G&C, #156 RM, #573 G&C, #106 R&S, #F443 B&B, #245 Rank 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 Sold Price Model $170,660 1940 Lincoln Zephyr Continental “Babe Ruth” $170,500 1954 Alfa Romeo 1900 Coupe $170,500 1967 Aston Martin DB6 Coupe $170,500 1974 Ferrari 247 GTS Dino $170,500 1939 Ford Standard Station Wagon $170,500 1947 Ford Woody Custom $170,000 1958 Porsche 356A Speedster $166,500 1935 Bentley 3½-Liter Aerodynamic Sedan $166,500 2005 Ford GT Coupe $165,000 1934 Bentley 3½ Liter Drophead Coupe $165,000 1936 Cadillac Series 85 Convertible Sedan $165,000 1937 Delage D6-3L Grand Prix $165,000 1940 Ford Deluxe Station Wagon $165,000 1932 Ford Deluxe Three-Window Coupe $165,000 1932 Ford V8 Station Wagon $165,000 1959 Jaguar XK 150 Drophead Coupe $165,000 1954 Kaiser-Darrin 161 Roadster $165,000 1950 Mercury Station Wagon $159,500 1972 Ferrari 246 GTS Dino $159,500 1942 Ford Super Deluxe Station Wagon $159,500 1966 Jaguar XKE SI 4.2 Convertible $159,500 2008 Lamborghini Gallardo Superleggera $159,500 1947 Mercury Station Wagon $159,500 1964 Porsche 356SC Cabriolet $159,000 1969 Chevrolet Corvette 427/430 L88 Coupe $159,000 1953 Oldsmobile Fiesta Convertible $159,000 1957 Pontiac Bonneville Convertible $156,750 1959 BMW 503 Coupe $155,500 1957 Chevrolet Bel Air Convertible $155,500 1937 Cord 812 Supercharged Phaeton $155,500 1934 Rolls-Royce Phantom II Touring Sedan $154,000 1958 DeSoto Firesweep Convertible $154,000 1957 Ferrari 250 Testa Rossa Replica $154,000 1938 Ford Deluxe Station Wagon $154,000 1970 Ford Mustang Boss 429 Fastback $154,000 1967 Ford Super Mustang Slingshot Dragster $154,000 1959 Jaguar XK 150 3.4 Roadster $154,000 1952 Jaguar XKC-type Roadster Replica $154,000 1966 Lamborghini 400 GT Spyder $154,000 1929 Packard 640 Dual-Cowl Phaeton $154,000 1970 Plymouth Road Runner Superbird 2-Door Hardtop $154,000 1956 Porsche 356A Speedster $152,200 1970 March-Cosworth F1 Single-Seater $150,000 1975 BMW 3.0CSL Batmobile Coupe $150,000 1961 Chevrolet Corvette 283/315 FI Convertible $148,500 1933 Ford V8 Station Wagon $148,500 1956 Talbot-Lago T14 LS Coupe $147,800 1981 BMW M1 Coupe $145,750 1954 Packard Caribbean Convertible $145,200 1961 Bentley S2 Continental Drophead Coupe $144,500 1938 BMW 327 Cabriolet $143,100 1949 Kurtis Roadster $143,000 1929 Alfa Romeo 6C 1750 Third Series Turismo Drophead Coupe $143,000 1960 Cadillac Eldorado Biarritz Convertible $143,000 1966 Chevrolet Corvette 427/425 Coupe Auction & Lot Mec, #S79 G&C, #128 RM, #579 RM, #515 RM, #132 RM, #568 G&C, #18 B&B, #211 B&B, #272 G&C, #154 G&C, #17 RM, #352 RM, #136 RM, #329 RM, #150 RM, #326 G&C, #53 RM, #122 RM, #336 RM, #146 RM, #556 RM, #359 RM, #133 G&C, #90 Mec, #S208 Mec, #S94 Mec, #S113 R&S, #S646 B&B, #274 B&B, #224 B&B, #215 G&C, #111 RM, #330 RM, #129 RM, #319 G&C, #80 G&C, #146 G&C, #134 RM, #588 G&C, #12 G&C, #49 R&S, #S649 B&B, #249 B&B, #241 B&B, #286 RM, #139 G&C, #57 B&B, #258 Mec, #S63 R&S, #S627 B&B, #261 Mec, #S112 G&C, #161 G&C, #127 G&C, #160 117

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Bike Buys Moto Guzzi V50/V65 OMG = Other Moto Guzzis Engine valves were fragile, rear drives spontaneously exploded like land mines, and crankshaft bearings were used up like Kleenex at an allergist's office by Ed Milich D espite their successes, Moto Guzzi has also produced near misses. The V50, V65, and other “small-block” Moto Guzzi twins clearly fall into this latter category. The original 490-cc Moto Guzzi V50 was penned by Lino Tonti in 1975 under orders from Alejandro DeTomaso to showcase Guzzi's engineering talent. DeTomaso intended to parlay Guzzi's successes with air-cooled 850- and 1,000-cc Vtwins into a broad, modern range of motorbikes. The original V50 was eventually supplemented by 350-, 500-, 650-, and 750-cc engine configurations, but only the V50 and the V65 reached the U.S. in any significant numbers. Compared to older Guzzi big-blocks, the V50 was modern when it debuted in 1978. The V50 used a light, compact powerplant, with dry weight approaching 330 lb. Engines used all plain bearings and contained no shims of any kind. The V50 had a modern oversquare engine with 74 mm x 57 mm bore x stroke (1.3:1 ratio). The later V65 was 80 mm x 64 mm (1.25:1 ratio), as Guzzi scaled the bore and stroke dimensions with displacement increases. Like Formula Fords, the two-valve, small-block Guzzis used Heron heads with a Nebraska-flat 180-degree-included valve angle. The frame used the engine as a stressed member, and the light, cast aluminum swing-arm pivoted directly in the engine cases. Small-block engines located the ignition points drive at the front of the camshaft, eliminating a distributor. Perfect V50/V65 owner: Thinks 50 hp in a V-twin is excessive. Rating (HHHHH is best): Fun to ride: HHHH Ease of maintenance: HHH Appreciation potential: HH Attention getter: HHHH Years produced: 1979–86 Number produced: About 10,000 each V50 and V65 SCM Valuation: $500–$3,000 Tune-up cost: $50 DIY Engine: 2-valve/cyl (Lario 4-valve/cyl), air-cooled, 90-degree twin Transmission: 5-speed Weight: 334 lb (V50); 363 lb (V65) Engine #: Left side of engine Frame #: Steering head Colors: blue, red Club: MGNOC.com More: guzzitech.com SCM Investment Grade: C Fragile bits Build quality was poor, however, as company resources were dedicated to other production at the time, and small-blocks were seemingly punted out of the factory with a 70% engineering job instead of the typical Moto Guzzi 90%. Engine valves were fragile. Rear drives spontaneously exploded like forgotten land mines on a nature trail. Crankshaft bearings were used up quicker than Kleenex at an allergist's office. Guzzi eventually issued updates, but these fixes required intensive surgery, and many poorly running machines simply ended up in the back corners of garages. Problems with small-blocks are legion. By 40,000 miles, a V50 or V65 is due for a complete overhaul. Engine valves were originally made from unforgiving, brittle steel, and they break easily. Crankshaft thrust bearings gall and fail. Rear differential roller bearings seize from oil starvation. The engines also utilize an insufficiently large sump—a mere two and a half quarts—so bottom-end plain bearings can fail due to low oil level, especially during break-in. But the small-blocks can persevere bravely for decades despite the factory's poor setup. They will even- 118 tually demand an overhaul as they burn oil, make grinding noises, and display engine bogging when the clutch lever is pulled in. They can be made to run reliably, but only with significant effort. Typical V50s and V65s range from $500–$2,000, and it's hard to justify paying much more. V50s were Guzzi's standard, unfaired machines, designated as V50, V50 II, and V50 III. The V50 II is an anomaly, using a detuned engine and the Bosch electronic ignition system instead of points, so V50 IIs should probably be avoided. Most desirable is Monza The most desirable of the Photo by Carey Russ V50s is the V50 Monza, named for the famed Italian race track. The Monza clearly commands a premium for its race-inspired design, though the engine is the same 30-hp twin found in the standard V50. Clean Monzas can fetch $2,000–$3,000. V65s, with their 40 hp, are roughly the same price as the smaller V50s. The V65 SP is an effective sport-touring version with a small fairing and hard luggage. The V65C was misguidedly intended as a cruiser, like the similarly bizarre Ducati Indiana. The V65TT was a capable on/off-road machine, though only a dozen made it to the U.S. The V50s and V65s often attracted beginner, female, and smaller Guzzisti to the U.S. Guzzi fold with their low cost, sub-400-lb weight, and relative ease. The market for these flawed machines has become softer in recent years, though. But all is not lost: Small-blocks respond well to powertrain modifications, and they do fit in some 1980s Superbike racing classes. After completing engine, transmission, and rear drive rebuilds, I ran 30 races one year on a V65 with only fluid changes and valve clearance checks between races. I netted an outstanding 25% power increase to 52 hp by increasing compression and increasing valve and carb sizes. I never scored less than a 3rd place, finished every race, and I also won races at Daytona two years in a row on that particular V65. After an ignoble start, the small-block series contin- ues today into a third decade as the Breva 750, Nevada 750, and Sport Classic 750. Guzzi eventually improved build quality, and these newer small-blocks are reliable and capable, if not overwhelming. They fit the bill for the captive audience of dedicated Guzzisti, some of whom have blinders that preclude the purchase of any other marque. If nothing else, the V50, V65, and other early small-block Guzzis serve as a stepping stone for a design that has, despite significant obstacles, persevered for over three decades. ♦ Sports Car Market

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NEW! “Fair”, “Good” and “Excellent” prices for all models, 1900–88. FREE! NOW ONLINE! The world's largest collector car price guide based on over 500,000 sold transactions from www.collectorcarpricetracker.com For the collector who needs to know what things are selling for, right now. Take your free test drive today. . Updated weekly.

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Mystery Photo Answers Comments With Your Renewal More cars, fewer watches.—Jim Although Bob was considered the best craftsman at the shop, his ability to follow instructions came into question after he installed a customer's Continental kit. —Cam Stevenson, Greenfield, MA RUNNER-UP: Poor thing… it's grown a tumor.—Winsor Rose, Garden City, KS Ain't she a beauty? Traded in by a little old lady who lived next to the Love Canal.—David Easterling, Louisville, KY In the old days, when money was on the line, you didn't open the nitrous bottles, you deployed the SLICKS.—Robert Peralta, Stockton, CA It only really stands out when the wheel covers don't match.— Doug Metzker, Portland, OR Sidemount spares were com- mon in the 1930s, but a rare option by the '70s.—Bob Peterson, Brooks, GA Every boat has a dinghy.— Lorrie Peterson, Brooks, GA Wouldn't you really rather have a Buick…ick?—Hank Jacobi, Niles, IL Colin Comer's Ultimate Wheelie Machine.—Joseph Shubitowski, Sherman Oaks, CA I made some arrangements to take care of Fat Tony.—Chris Scott, Orcutt, CA Before the wheelie bar…— Peter Zimmermann, Bakersfield, CA Cadillac's first foray into four-wheel drive revealed some conceptual challenges—John Phillips, Wyndmoor, PA GM is selling off the rest of its dream cars. Now they've gotten to the nightmare part of the collection.—Frank Koch, Baton Rouge, LA Don't buy it Carlos. That drop axle means we could haul a lot of gold, but the border guards will get suspicious.—Daniel Brenzel, Menlo Park, CA You idiot! I said “tandem axle,” not “random axle.”— Stephen R. Miller, Muncie, IN Never buy a 5th wheel sight- unseen.—Pete van Hattem, SeaTac, WA Determined to enhance the value of his classic, Nino fitted custom sidemounts.—Doug Masto, Wall, NJ Never, I repeat, NEVER, let a stoned body man install your Continental kit.—Kick Wheeler, New Milford, CT After 20 years of driving, Sally is apparently ready to graduate from training wheels.— Dean Mayer, Los Gatos, CA Side mounts of the 1930s & 40s revisited.—Jim Graham, New Canaan, CT For better traction when Vinny's got an extra corpse in the trunk.—Andrew Barrow, Albuquerque, NM Buick's interpretation of the Continental Kit didn't catch on.—Pete Perros, Falls Church, VA Because he understands how a small difference in interpretation can lead to a large difference in outcome, Cam Stevenson wins a soon-to-be collectible official SCM cap. ♦ This Month's Mystery Photo Response Deadline: October 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 SCMcap. Email photos at 300 dpi in JPEG format. 120 Michael, Elyria, OH Wheels, keels, wings… keep up the great work in all departments for us “complete hobbyists.”—David Tobin, Saint Paul, MN How about a complete section on watches each month? I collect cars and watches, but I buy more watches each month than I do Testa Rossas.—Art Standard, Hollywood, CA.Well, at least the complaints about the motorcycle section have died down.—KM. Great publication. I read it from cover to cover. Thanks.—Earl Weston, Fort Collins, CO Continue to be the finest automo- tive publication available.—Don Goldman, San Diego, CA Cheaper cars and more pointed, italicized comments.—CJ Johns, Santa Teresa, NM Please stop calling wood “timber”—it's veneer. Timber is a railroad tie.—Dalton Jones, Delaware, OH Look forward to it every month.—Dana Blue, Carrollton, TX Good job.—David L. Christensen, Salt Lake City, UT Great magazine.—Joseph A. Jaskula, Baldwinsville, NY Love it.—Donald Jackson, Portland, OR A professionally done, pas- sion-packed product. I look forward to every month.—Peter De Silva, Rancho Santa Fe, CA Why isn't Cadillac included in your pocket price guide?—Gordon Nash, Tinley Park, IL. Look for it in the 2010 guide.—KM Great magazine.—Robert Sleap, Kenmore, NY Nice work, Keith. See you at Cavallino? Amelia?—Parker Hall, Vicksburg, MS. Cavallino, possibly. Amelia, definitely.—KM Telling us what a car is worth is great, but how about telling us where and how to find it for less.—Gordon Yates, Tampa, FL. If only we had access to that crystal ball…—KM. Keep up the good work. I enjoy the magazine immensely.—James S. Peterson, Arden, NC I was a subscriber back in the day, and I want more Alfa.— Anthony Brucia, Mineola, NY Love it.—Randy Mills, Kaysville, UT Great mag. Keep up the fine work.—John M Benson, Banning, CA Love it. Articles about unusual cars are suberb. Keep at it please.—Mack McDonald, Wichita Falls, TX How about a monthly question: “If you had only one car to own, what would it be?”—Robert Davis, Avon by the Sea, NJ.We have questions like that in our weekly email newsletter. Subscribe today at www .sportscarmarket.com.—KM And thanks to all of you for your thoughtful comments and your renewals.—Keith Martin ♦ Sports Car Market

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SEND SCM TO A FRIEND. Use card on page 83. US Postal Service Statement of Ownership and Circulation (Required by USC). 1. A. Title of Publication: Sports Car Market 2. Publication number: 011-578 3. Date of Filing: 09/15/09 4. Issue of Frequency: Monthly 5. Number of Issues Published Annually: 12 6. Annual Subscription Price: $58 US 7. Complete Address of Known Office of General Business Office of Publisher: 401 NE 19th Ave, Ste 100, Portland, OR 97232-4801 8. P.O. Box 4797, Portland, OR 97208-4797 9. Publisher: V. Keith Martin, P.O. Box 4797, Portland, OR 97208. Editor: Paul Duchene, P.O. Box 4797, Portland, OR 97208. Managing Editor: Stefan Lombard, P.O. Box 4797, Portland, OR 97208 10. Owner: Automotive Investor Media Group, P.O. Box 4797, Portland, OR. V. Keith Martin, P.O. Box 4797, Portland, OR 97208 11. Known Beholders, Mortgages and Other Security Holdings Owning or Holding 1 Percent or More of Total Amount of Bonds, Mortgages or Other Securities: None 12. N/A 13. Publication Title: Sports Car Market 14. October 2009 15. Extent and Nature of Circulation. Average Number of Copies Each Issue During Preceding 12 Months/Actual Number of Copies of Single Published Nearest to Filing Date. A. Total Number of Copies (Net Press Run): 15,450/14,227. B1. Paid and/or Requested Circulation: 10,631/10,099; B3.Sales Through Dealers and Carriers, Street Vendors and Counter Sales: 1,971/774. B4. By Other Classes of Mail through USPS: 52/93. C. Total Paid and/or Requested Circulation: 12,654/10,966. D1. Free Distribution by Mail (Sample, Complimentary and Other Free): 756/785; D3. Free Distribution at Other Classes of Mail through USPS: 0/0; D4. Free Distribution Outside the Mail: 1,598/2,076. E. Total Free Distribution: 2,354/2,861. F. Total Distribution: 15,008/13,827. G. Copies Not Distributed: 442,400. H. Total: 15,450/14,227. I. Percent Paid and/or Requested Circulation: 84/79. 16. November 2009 17. I certify that the statements made by me are complete and correct, Keith Martin.

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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. BRITISH 1952 Allard J2X Ford 2.8 Capri V-6, 4-speed. Spax shocks, alloys, etc. Coupe converted to Roadster. Includes orig. top + rear window. Neat car!! $10.5 obo. Please call: 805.466.1015 or automojo@hughes.net GERMAN 1974 BMW 3.0CS Coupe black leather. All books, tools. The best 3.5 Coupe we've ever seen. Very expensive. Matthew L. deGarmo Ltd. 203.852.1670 Website: www .deGarmoLtd.com 1973 Mercedes-Benz 300SEL 4.5 Sedan performed flawlessly. Primrose yellow, red Connolly leather, overdrive. A true turn key car, ready to drive anywhere in style. $59,000/Offer. Matthew L. deGarmo Ltd. 203.852.1670 Website: www .deGarmoLtd.com 1968 Jaguar XKE Roadster Series 1 ½ Well documented, outstanding condition. For more information and photos log on to www .continentalautosports.com or call your salesperson at 630.655.3535. Factory authorized Ferrari/ Maserati dealership since 1975. 1971 Ginetta G15 Vintage Racer Flawless numbers matching car with a great history. All books and tools. Absolutely pristine condition and totally correct in every detail. Finished in white with black leather. Runs, drives and looks perfect. An exceptional opportunity for top down fun at a very fair price. $75,000/offer. Matthew deGarmo Ltd. 203.852.1670 Website: www.deGarmoLtd.com 1970 Jaguar E-type Roadster A REAL BEAUTY. This car has new paint, new leather interior with new carpet, new top and a NEW TRANSMISSION. Sirius Satellite radio, power locks and power windows. Dont miss this one of a kind. European edition with European front headlamps. Crazy cool car. $26500.00. Contact Jeff at handsonpr@aol.com or 310.341.3201 1969 Mercedes-Benz 1113 Truck Sienna Bronze w/tan leather. West coast car; no rust. Owned since 86; 75,000 original miles. Sunroof, factory air. Service records. Great paint, body, trim, and interior. Deserves to be driven. $21,000. Call H.S. Wright III at 206.674.3020 hsw@shworldwide.com (WA). 1966 Mercedes-Benz 230SL V8 Automatic. White with Navy Blue leather. Owned since new, 65,000 miles. Beautiful on every level. No accidents; nice boulevard cruiser. Air/Blaupunkt/ All service records. Asking $14,500. Contact H.S. Wright at hsw@shworldwide.com or 206.674.3020. 1978 Mercedes-Benz 450SLC One owner, 39,000 miles and all original. Looks, runs, drives as new. A true time capsule. All books, tools and service receipts from new. Red, saddle leather. Perfect condition in every detail. $35,000. Matthew L. deGarmo Ltd. 203.852.1670 Website: www.deGarmoLtd.com 1958 Porsche Speedster Rare, vintage race legal, street equipment also. For more information and Photos log on to www. continentalautosports.com or call your salesperson at 630.655.3535. Factory authorized Ferrari/Maserati dealership since 1975. 1938 Jaguar SS 100 Primrose yellow. Clean and well sorted. New wire wheels and new redlines. $45,000.00 Contact Tom at tberrydc@comcast.net 1970 Lotus Elan Vintage Racer Used by Team Valour in England for the Formula 3 campaign of Eddie Cheever. Crew sleeping area. Will haul (4) Formula Cars on two tiers. Needs a full restoration. Engine runs. $8600.00. Contact Edward Anspach at Ed@AnspachAuto.com or 717.576.1155 (PA) www.AnspachAuto.com 1971 Mercedes-Benz 280SE 3.5 Convertible Excellent condition. For more information and photos log on to our website at www.continentalautosports.com or call your sales person at 630.655.3535. Factory authorized Ferrari/Maserati since 1975. 1962 Porsche Cabriolet Award Wining, desirable 3.5 liter version. For more information and Photos log on to www .continentalautosports.com or call your salesperson at 630.655.3535. Factory authorized Ferrari/ Maserati dealership since 1975. 1958 Jaguar XK140 Coupe Proven winner in SVRA/VSCDA. Extensive development. For more information and Photos log on to www.continentalautosports.com or call your salesperson at 630.655.3535. Factory authorized Ferrari/Maserati dealership since 1975. 1971 Marcos GT Roadster Dark red, parchment leather, zebrano wood trim. A 79,000 mile original car that's had a spectacular, fully documented cosmetic restoration to factory new condition. Show quality cosmetics and drives without fault. Factory A/C, floor shift automatic. $149,000. Matthew L. deGarmo Ltd. 203.852.1670 Website: www.deGarmoLtd.com 1971 Mercedes 280SE 3.5 Coupe Mature professional restoration by Reid Vann included: engine, transaxle suspension, new body panels as required. Lid numbers match, gaps uniform and tight. Car in Kemp Auto Museum since 2003 with occasional outings. $97,500.00. Contact Terry at terry@kempautomuseum.com or 636.537.1718 (MO) 1964 Porsche 356C Coupe Wonderful condition throughout, matching numbers and supremely well sorted for spirited driving. Recently ran the New England 1000 rally and 122 Over $150,000 lavished on 50,000 mile impeccable original car by Mercedes restoration expert. Factory original Silver with contrasting black top, original One owner (until recently) black plate California car, Sports Car Market

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SCM Showcase Gallery and 100% original. Could easily win preservation class national concours. Recently drove in 1000 Mile rally and performed like new. All books, tools, service receipts from new, matching numbers with Certificate of Authenticity in hand. Call for details. Matthew L. deGarmo Ltd. 203.852.1670 Website: www.deGarmoLtd.com 1964 Volkswagen Beetle Convertible Second owner. Receipts since 1988. Strip to bare metal repaint in 1993. Engine and transmission rebuilt in 2002 (30,000 miles ago) with some performance mods. Carpet and seats redone in 2004 (seats now cloth). $15000.00. Contact Eric at lutkin@gmail.com or 650.245.8571 (CA) http:// www.alfabb.com/bb/forums/alfa-romeo-cars-salewanted/151478-1974-gtv.html Concours condition, black plate California car. 100% correct including factory original Bahama Blue color, All books, tools, original radio, matching numbers. Runs and drives without fault. $39,000. Matthew L. deGarmo Ltd. 203.852.1670 Website: www .deGarmoLtd.com ITALIAN 1957 Alfa Romeo Giulietta Sprint Veloce Lightweight Early European, plexi-front version, outstanding condition. For more information and Photos log on to www.continentalautosports.com or call your salesperson at 630.655.3535. Factory authorized Ferrari/Maserati dealership since 1975. 1974 Ferrari Dino 246 GTS S/N 046. Stunning presence and performance. Restoration by Bill McGrath in original colors. ZF 5-speed, disc brakes, fuel injection and factory A/C. $785,000. Fantasy Junction, sales@fantasyjunction .com; www.fantasyjunction.com. 510.653.7555. (CA) S/N 149304447. True factory lightweight. Matching numbers. Conrad Stevenson mechanical restoration. Retro Mille Miglia participant. Sorted and ready to enjoyed. $154,500. Fantasy Junction, sales@fantasyjunction.com; www.fantasyjunction .com. 510.653.7555. (CA) 1957 Alfa Romeo 1900C SS Tipo IV Once of the last 50 Built, exellent conditon. For more information and Photos log on to www. continentalautosports.com or call your salesperson at 630.655.3535. Factory authorized Ferrari/Maserati dealership since 1975. 1979 Ferrari 308 GTB Immaculate condition. Pebble Beach, Amelia Island award winner. Numbers matching. Nardi floor shift. Eligible for all historic tours. Shows and drives like no other. $155,000. Contact Scott at 212.852.5441 for information and photos. For video, go to www .youtube.com/watch?v=82KfyMCjPIE. 1974 Alfa Romeo 2000 GTV This US spec carbed 308 GTB has just underwent the most meticulous restoration possible by a professional with 25 years experience. The car is featured in Forza issue number 96 and the entire restoration is can be seen at http://www.ferrarichat. com/forum/showthread.php?t=4503 showing every possible component being restored or replaced. If you want a restored 308GTB in an amazing colour that drives better than new this is the car! It's for sale now, there are no other restored 308s for sale period! $90000.00. Contact Paul Newman at pcnewman@sympatico.ca or 705.796.0444 1962 Lotus Elite, Series 2 Restored California Car. For more information and Beautiful Calf. Black Plate 260 V8 / 4 Speed Tri Black Convertible, Documented Original Car As Built At The Ford Factory, Never Taken Apart, Never “Restored”, Numbers Matching, Rare Factory Engine/ Trans. Combination, Impressive Documentation, Provenance and Records, Just The Way You Like Them, When You Can Find Them. #3 Condition Driver. Price and Shipping Somewhat Negotiable. Nice, solid example fitted with freshened 1600 engine. 5-speed, Webers, wooden wheel, FPS alloys. Great weekend event car. $24,000. Fantasy Junction, sales@fantasyjunction.com; www.fantasyjunction .com. 510.653.7555. (CA) AMERICAN 1963 Ford Futura Tilt front end, original period built. Fast, safe, sorted, reliable and fun. Simply a really great car at an “economy adjusted” bargain price! Don't miss this one - no disappointments - no better value. How about $18.5?! 805.466.1015 or automojo@hughes .net Factory Road Race Package Demo, virtually as new. First titled in 2006. Stored, very little use, full race shop freshened this year - 100% ready to go. None nicer, never hit, as new. This is the one you have been searching for! $8700 takes it! Contact 805.466.1015 or automojo@hughes.net 1971 B Production Corvette Race Car 1971 Lancia Fulvia Zagato 1.3 S The best vintage racecar hauler on the planet! For more information and Photos log on to www.continentalautosports.com or call John Weinberger at 630.655.3535 or 630.660.4144. Factory authorized Ferrari/Maserati dealership since 1975. RACE Thunder Roadster 1971 Ferrari 365 GTB/4 Daytona Photos log on to www.continentalautosports.com or call your salesperson at 630.655.3535. Factory authorized Ferrari/Maserati dealership since 1975. 1974 Alfa Romeo GTV coupe Solid, well sorted, late production Bristol bodied car. This restored example drives as Colin Chapman intended. Eligible numerous events. Fitted with twin Webers. $75,000. Fantasy Junction, sales@fantasyjunction.com; www.fantasyjunction .com. 510.653.7555. (CA) 1957 Maserati L160/T4 Car Is In Aspen, Colorado. Contact Wayne Floyd at wf.woodrunv@comcast.net or 970.923.5021 1965 Ford Mustang Convertible Full restoration “A” Code, 4-speed, PS, disc brakes, A/C, all GT options. Red with red pony interior and white top. $35,000. Contact Randy Carlson at 646.285.1676. 1980 Peterbuilt Racecar Hauler Original unrestored Maserati in running condition. Where can you find an original this nice? OHV 4-stroke, 4-speed, Borannis, Pirellis, $15,000/ trades/ Contact Fred Puhn at fredpuhn@cox.net or 619.475.1155 (CA) 1962 Maserati 5000GT Allemano 124 Sports Car Market

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Vintage Advertising Prints 13" x 19"; Just $15.95 Available online at www.sportscarmarket.com

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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) 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 8458 334455, +44 8458 334433. The Motor House Lyncastle Road Warrington England. WA4 4BSN www.handh .co.uk. (UK) Barrett-Jackson Auction. 480.421.6694, 480.421.6697. For nearly four decades, the Barrett-Jackson Auction Company has been recognized throughout the world for offering only the finest selection of quality collector vehicles, outstanding professional service, and an unrivaled sales success. From classic and one-of-a-kind cars to exotics and muscle cars, BarrettJackson attracts only the best. Our auctions have captured the true essence of a passionate obsession with cars that extends to collectors and enthusiasts throughout the world. A television audience of millions watch unique and select vehicles while attendees enjoy a lifestyle experience featuring fine art, fashion and gourmet cuisine. In every way, the legend is unsurpassed. N. Scottsdale Rd, Scottsdale, AZ 85251. info@barrett-jackson.com. www.barrett-jackson.com. (AZ) 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) Mecum Collector Car Auction- eers. 815.568.8888, 815.568.6615. Auctions: Kissimmee, Kansas City, Indianapolis, St. Paul, Bloomington Gold, Des Moines, Columbus and Chicago. “Mecum Auction: Muscle Cars & More” on Discovery Network's HD Theater. www.Mecum.com 950 Greenlee ST, Marengo, IL 60015 www .mecumauction.com. (IL) Palm Springs Auctions Inc. Keith McCormick. 760.320.3290, 760.323.7031. 244 N. Indian Canyon Dr., Palm Springs, CA 92262 www .classic-carauction.com. (CA) 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) 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) RM Auctions, Inc.. 800.211.4371, 519.351.1337. Celebrating 30 years in the collector car industry, RM Auctions and its associated companies are responsible for acquisitions, restorations and sales of the world's rarest and most valuable vintage automobiles, including record-breaking sales in Maranello, Italy and London, UK. RM's restoration division achieved unprecedented accolades in 2006, when the Company earned “Best of Show” honors at the world's top three collector car events in a single year. www.rmauctions.com. (CAN) Russo and Steele Collector AuCarlisle 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. tomobile Auctions. 602.252.2697, 602.252.6260. Specializing in the finest European sports, American muscle, hot rods and custom automobiles; Russo and Steele hosts two record breaking ALL RESERVE auctions per year; Monterey, CA every August and Scottsdale, AZ every January. As one of the premier auction events in the United States, Russo and Steele has developed a reputation for its superior customer service and for having the most experienced and informed experts in the industry. (AZ) www.russoandsteele .com. (AZ) Santiago Collector Car Auctions. 405.475.5079, 501 E. Britton Rd., Oklahoma City, OK 73114. Rocky: rockydb5@sbcglobal.net. (OK) Gooding & Company. 310.899.1960, 310.899.0930. Gooding & Company offers its international clientele the rarest examples of collector vehicles at the most prestigious auction venues. Our team of well qualified experts will advise you on current market values. Gooding & Company presents 126 Silver Auctions. 800.255.4485, 2020 N. Monroe, Spokane, WA 99205. silver@silverauctions.com. www.silverauctions.com. (WA) American 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 Appraisals. 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) Appraisals Gooding & Company. Legendary Collector Cars. 615.848.0035, Legendary Collector Cars provides you with photos, videos and entertaining stories about the cars that you used to drive in High School, the show cars you dream about and the Muscle Cars you lust over. We bring you the cars you won't see any where else. Rat Rods to Vintage Race Cars. We also take you on tours of Car Museums, Speed Shops, Race Tracks and those Special Events all over the Country. We even take you along as we drive some back roads of America. www .legendarycollectorcars.com. 310.899.1960, Gooding & Company's experts are well qualified to appraise automotive and collectible estates. Whether it is the creation of a foundation, living trust, or arrangement of a charitable donation, we are able to help you. www.goodingco.com. www.goodingco.com. (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) Automobilia Steve Austin's Automobilia & Legendary Motorcar Company. 905.875.4700, North America's premier muscle car center, specializing in restoring and trading the finest and rarest American muscle cars. We are the home of Speed TV's “Dream Car Garage.” We are a professional, discreet, and fair buyer for your quality American muscle. www.-legendarymotorcar.com. 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) 2shores International. 920-945- 0450, 920-945-0450. 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 sell- Sports Car Market 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

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ers 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. (WI) one low fee. Visit www.specialtycarsource.com today. www.SpecialtyCarSource.com. 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 The Bridgehampton Motoring 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) Club. 631.537.5001, The Bridgehampton Motoring Club is unlike any collector car parking and storage 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. 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. Collector Car Storage 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) Ferrari/Maserati/Lamborghini doc@docsjags.com www.docsjags .com. (AZ) The Bridgehampton Motoring Woodies USA. 480.694.7929, We 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) Legendary Motorcar Company. 905.875.4700, North America's premier muscle car center, specialized in restoring and trading the finest and rarest American muscle. Our 55,000 sq. ft facility and 100 car showroom is the ultimate car heaven and the home of Speed TV's “Dream Car Garage.” www.legendary-motorcar.com. 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) Collector Car Insurance Club. 631.537.5001, The Bridgehampton Motoring Club is unlike any collector car parking and storage 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. English AC Owner's Club Limited. 503.643.3225, 503.646.4009. US Registrar: Jim Feldman, 11955 SW Faircrest St., Portland, OR 97225-4615. The world's largest organization of AC owners and enthusiasts. AC ownership not required. Monthly magazine. (OR) 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 X-Ost. www.carobu.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) 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) Aston Martin of New England. 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 November 2009 Heacock Classic. 800.678.5173, We understand the passion and needs of 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 contact us when buying, selling or restoring. www.astonmartin-lotus.com. (MA) 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) VeloSpace. 408.441.7788, Velo- ceSpace (408) 441-7788 “Specializing exclusively in rubber and upholstery products for Ferrari, Lamborghini, Alfa Romeo, and Maserati; we also stock classic M-B and Porsche. Our source is the original Italian factory that manufactured these parts for your car in the ‘50s and'60s, hence our products' perfect fit and quality. Visit our website at www.velocespace.com, or e-mail us at info@velocespace.com for more information. www.velocespace.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 Garage/Tools Baldhead Cabinet Company. 877.966.2253, Offering a fine selection of quality metal garage cabinets suit- 127

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RESOURCE DIRECTORY able 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 WeatherTech® Automotive AccesClassic 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) sories . 800-441-8527, MacNeil Automotive Products Limited providing Automotive Accessories for your vehicles for over 20 years. MacNeil has defined high quality vehicle protection with the WeatherTech® line of Automotive Accessories. Choose from All-Weather Floor Mats, Extreme-Duty Floor Liners, Cargo/Trunk Liners, Side Window Deflectors, No-Drill MudFlaps, many different options of License Plate Frames and more. We have products available for virtually every make and model. To see and buy everything, go to www.WeatherTech.com. Restoration - General Carobu Engineering. 949.722.9307, Mercedes-Benz Classic Center. 1-866-MB-CLASSIC, The center of competence for classic Mercedes-Benz enthusiasts – for vintage car sales, meticulous restorations by manufacturer-trained technicians and the widest selection of Genuine Mercedes-Benz Classic Parts, we are the source. www .mbclassiccenter.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) Inspections Legendary Motorcar Company. 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 905.875.4700, You may have seen our award winning, show quality restoration. Our 55,000 sq ft facility is specialized in extreme high-end restorations of rare American muscle cars. www .legendary-motorcar.com. (ON) 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 X-Ost. www.carobu.com. The Healey Werks. 800.251.2113, 712.944.4940. Premier automobile restoration company specializing in exotic, European and classic cars. Complete structural and body reconstruction, upholstery, world-class paint/refinishing, engineering, prototyping and mechanical services. Transport and logistical services available. www.healeywerks .com. (IA) Sports and Competition Morris and Welford. 714.434.856 2/203.222.3862, 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) 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) RM Auctions, Inc. 800.211.4371, 519.351.1337. Celebrating 30 years in 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) the collector car industry, RM Auctions and its associated companies are responsible for acquisitions, restorations and sales of the world's rarest and most valuable vintage automobiles, including record-breaking sales in Maranello, Italy and London, UK. RM's restoration division achieved unprecedented accolades in 2006, when the Company earned “Best of Show” honors at the world's top three collector car events in a single year. www.rmauctions.com. (CAN) Vintage Events Performance Restoration. 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) Griot's Garage. 800.345.5789, The ultimate online store for automotive accessories and car care products. www .griotsgarage.com. (WA) 128 Sports Car Market

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$19.95 each plus shipping. TO ORDER: Phone 800.289.2819 Fax 503.253.2234 Online at www.sportscarmarket.com November 2009 129

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Carl Bomstead eWatch The Best, the Rest, and Two Lucky Breaks The seller must have been sick about the Gilmore battery stand, and the Packard clock was listed under Seth Thomas Thought Carl's In today's uncertain economic times, I'm frequently asked about the financial health and stability of the Motobilia world. The answer is that it's following the collector car market. Good stuff is doing just fine, while mundane items and stuff in poor condition are not faring as well. Desirable motobilia in good original condition is setting records, while overly restored pieces are not returning the costs of restoration. So my advice remains the same: Buy the best and leave the rest! EBAY #270415395541—1926 PACKARD MASTER EBAY #110400639755— 1959 12 HOURS OF SEBRING POSTER. Number of Bids: 8. SOLD AT: $2,388. Date Sold: 6/18/2009. This striking poster with bold graphics and strong colors was done by noted motorsports artist Zito. It measured approximately 20″ x 29″ and was in exceptional condition. The 12-hour race for the Amoco Trophy took place March 21 and was won by the Ferrari team that included Dan Gurney and Phil Hill driving a 250 TR59. Price paid seems light by a factor of two, considering the condition and subject matter. SALESMAN AWARD CLOCK. Number of Bids: 5. SOLD AT: $2,026. Date Sold: 7/02/2009. This highly detailed cloisonné clock was over five inches tall and was one of 358 awarded to quota-achieving Packard Master Salesmen in 1926. The piece was listed on eBay under Seth Thomas commemorative clocks and as such missed its market. These are rarely offered, and the last one I saw sell was priced at $8,500 at last year's RetroAuto at Pebble Beach, so this one was well bought indeed. EBAY #380147712812—AUTOGRAPHED MICKEY THOMPSON SALT FLATS PHOTOGRAPH. Number of Bids: 14. SOLD AT: $130.38. Date Sold: 8/19/2009. This photograph was taken in 1960 at the Bonneville Salt Flats, when Mickey Thompson became the first American to break the 400-mph mark with a one-way pass of 406.6 mph. (He didn't break John Cobb's land speed record, because the car broke an axle and couldn't be repaired in time for a return run). Thompson also raced off-road and in funny cars, winning the 1969 NHRA Nationals and Supernationals. He and his wife were murdered in 1988 by a former business partner. This seems like a small price for a signed photograph of an American racing icon. EBAY #270436372496—50-YEAR CADILLAC SERVICE PIN. Number of Bids: 6. SOLD AT: $102.90. Date Sold: 8/8/2009. This 14K yellow gold and enameled pin was presented to a loyal employee after 50 years of service at Cadillac. It was in very good ondition, and in today's world it is difficult to imagine that many of these were presented. en more difficult to imagine that any will be presented in 2060. EBAY # 320392103596—BRAENDER TIRES TIN FLANGE SIGN. Number of Bids: 19. SOLD AT: $10,751.Date Sold: 7/10/2009. This extremely rare and colorful Braender Tires tin lithograph sign was in excellent condition. The other side was a grade or so off from the one pictured but still it was exceptional. I have seen this logo on other promotional items, but this is the first example of this sign I've observed sell. It sold for all the money, but if you want the rare and unusual in your collection, get ready to run with the big dogs. 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 EBAY #200358172776— GILMORE BATTERY CABLE RACK. Number of Bids: 1 SOLD AT: $100. Date Sold: 6/29/2009. This rack would have shown the various battery cables used with Gilmore batteries and would have been displayed at the local Gilmore service station. The display had a diecut Gilmore battery with the Gilmore Red Lion. This piece had it all—condition, graphics, and one of the most collectible gas/oil brands, but it somehow slipped through the cracks and sold for a song. Seller must be sick, as the rack could have easily brought ten times what was paid here. EBAY #320412116035— TEXACO DIESEL CHIEF PUMP SIGN WITH WIDE SPRAY. Number of Bids: Buy It Now. SOLD AT: $1,675. Date Sold: 8/13/2009. This Texaco Diesel Fuel pump sign was produced in 1940, and after the Japanese attacked Pearl Harbor, Texaco revised the sign, as the wide spray resembled the Japanese flag. The newer narrow spray version, in red, is fairly common and sells for a few hundred dollars in decent condition. But the older ones are quite rare and when offered sell for about what was paid here. POSTMASTER 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. 130 Send address changes to: Sports Car Market PO Box 4797, Portland, OR 97208 CPC IPM Sales Agreement No. 1296205 Sports Car Market