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

Search This Issue

Page -1

'37 SS 100 2½ Liter When Your Race Car Catches Fire 217 Cars Rated SS 100 2½ Liter When Your Race Car Catches Fire 2 S 100 2½ Liter When Your Race Car Catches Fire 217 Cars Rated $243k $243k Last Year $399k Today  $5.7m Ferrari 340/375 MM $12m Bonhams Goodwood Sale Best Ever  Death, Taxes, and Your Collector Car October 2007 www.sportscarmarket.com

Page 4

Sports CarMarket Keith Martin's 62 340/375 MM—Anchor of any collection The Insider's Guide to Collecting, Investing, Values, and Trends CarMarket Keith Martin's 62 340/375 MM—Anchor of any collection The Insider's Guide to Collecting, Investing, Values, and Trends October October 2007 .Volume 19. Number 10 IN-DEPTH PROFILES What You Need To Know 44 Ferrari 288 GTO Maranello's first modern supercar, now $594k. Steve Ahlgrim 48 1937 Jaguar SS 100 2 ½-Liter Roadster Fully documented provenance sets $400k benchmark. Simon Kidston 52 1995 Bugatti EB110 GT Coupe Accepted by Bugatti fanatics, but at $259k treading water. Donald Osborne 54 1965 Porsche 911 Coupe Gambling on an early 911 at $71k. Jim Schrager 58 1974 Pontiac Trans Am Super Duty $67k for Pontiac's last muscle car. Dave Kinney 62 1953 Ferrari 340/375MM Crude, hot, uncomfortable. Still worth $5.7m. Thor Thorson GLOBAL AUCTION COVERAGE 217 Cars Examined and Rated at Six Sales 66 Bonhams, Sussex, UK At $12m, the Goodwood Festival of Speed brings its best result. Julian Shoolheifer 76 Kruse, Auburn, IN The Spring Auburn Motorfair sees 600 cars fetch $6.2m. Norm Mort 90 Mecum Auctions, St. Paul, MN 51% sell-through and $2.1m at the Back to the '50s auction. B. Mitchell Carlson 100 RM Auctions, Lapeer, MI McMullen's collection totals $12.7m at this no-reserve sale. Dave Kinney 112 Kensington, Bridgehampton, NY Numbers fall with the rain at the $410k Hamptons Auto Classic. Donald Osborne 120 Bonhams, Northamptonshire, UK “Proper” motor cars raise $1.5m at the RREC sale. Julian Shoolheifer Cover photograph: Bonhams 126 eBay Motors Drivers and projects for the 356-lover. Geoff Archer

Page 6

60 Comer gives new meaning to “hot lap” COLUMNS 10 Shifting Gears Matter of authenticity Keith Martin 34 Affordable Classic MG Midget, no room for... anything Rob Sass 36 Legal Files Estate taxes or capital gains? The devil's choice John Draneas 46 Sheehan Speaks Ferrari economics explained Michael Sheehan 50 English Patient It's Healey road trip time Gary Anderson 56 Porsche Gespräch Why the Porsche 356 Holiday works Jim Schrager 60 Domestic Affairs When my GT350 caught fire Colin Comer 130 Motobilia Portland oil museum thins its collection Carl Bomstead 134 Bike Buys Royal Enfield's mighty Interceptor Paul Duchene 146 eWatch 1,500 bulbs make one illuminating buy Carl Bomstead FEATURES 38 Collecting Thoughts: Three-Wheeled World 40 Wagon Ho: Colony Park Comes Home 42 Vanderbilt Concours: Newport's New Event DEPARTMENTS 12 Crossing the Block / Auction Calendar 14 The Inside Line 18 You Write, We Read: SS questions, Uncle Raymond 20 Display Advertisers Index 26 Neat Stuff: Work mats, model Model T, custom cabinets 28 In MIniature: Ferrari 375, Jaguar SS 100, Ferrari 288 GTO 30 Icons: Smiths gauges, Heuer watches, Minilite wheels 32 Our Cars: 1935 Morgan F2 Super Sports, 1958 Berkeley, 1955 Mercedes-Benz 300SL Coupe 35 20 Year Picture 75 Glovebox Notes: 2007 Jaguar XJR Supercharged, 2008 BMW 528i Sedan 108 Alfa Bits 111 Museum Spotlight: National Automobile Museum 127 Fresh Meat: 2008 Porsche 911 Turbo Cabriolet, 2008 Porsche Cayenne Turbo, 2008 Porsche Cayenne 128 Automotive Investor: Top Porsche, French prices in 2007 136 Mystery Photo 137 Comments with Your Renewal 138 Showcase Gallery 141 Crossword Puzzle 142 Resource Directory

Page 8

Shifting Gears Keith Martin Factory Fake or Certified Authentic? all, we are traversing uncharted waters here, as factories get into the “repop and certification” business. So here goes. I would assume we all agree that once a car has lost its original engine, it will always be imperfect, and, when compared to a car with its original engine, less collectible. There's no way around that. So your question becomes which is less imperfect, a car with a period-correct but non-original engine, or a factory repop to original factory specs? I would rather have a factory-”certified” reproduction than a swapped engine. First, it means that another Ferrari didn't have to become a V12 castrati to make another car whole, and second, there are subtle differences between engines for different models, although ostensibly of the same type and displacement, and in theory, the factory repops will have all of the nuances correct. Finally, in a provenance-hungry world, “factory certification” is certainly better than a note scribbled on the back of a napkin that says something like, “SWB engine blown up, replaced with 250 GTE.” Lerner responds: This gets into issues that are tangential to value Self-certified factory repop coachwork A s the market continues to surge toward all-time highs and surpass the prices made 18 years ago, questions about authenticity and provenance continue to be one of the keys to valuation. As we noted in our review of RM's blockbuster $45m Maranello sale (September, p. 68), we believe cars that had a Ferrari factory Certificate of Authenticity consistently brought better money than they would have without. The reasons are simple. For a Ferrari, there is no higher authority of correctness than a blessing by the factory. And in a world of seven-digit cars and clever fakers, every bit of expert assurance helps, even if the assurance is that the engine in your TdF is a factory re-creation. But the whole notion of factory-authorized re-creations is a complicated one, as illustrated by the email exchange below. Quality or Correctness Perhaps I was reading your September column incorrectly, but I was confused by a comment that seemed to give your blessing to the factory-recast-parts program at Ferrari and, by extension, any other manufacturers that decide to follow suit. Maybe I'm being dense here, but I don't understand how these differ from any other repro parts. Okay, so the head comes from the Ferrari factory. But it's not the same factory that built the head back in 1962. I doubt it comes out of the same tooling. None of the original craftsman laid a hand on it. Aside from the Certificate of Authenticity, what makes it any better than any other head from any other vendor? The quality, you say? Okay, so let's make quality the issue, not “au- thenticity,” as defined by a company that has found yet another way to stick it to consumers. Maybe I'm out to lunch, but it seems to me that a 250 GTO with an engine that was originally found in a 250 GTE is more “authentic” (whatever that means) than one with a brand new engine that happens to be sold with a Ferrari Certificate of Authenticity.—Preston Lerner, via email KM responds: You ask a good question, and my response is purely my opinion, and based more on a gut feeling than anything else. After and collectibility. I'm fascinated by the whole reproduction movement, not so much kit cars and GTE/GTO swaps, but “continuation” cars (which strike me as a sham) and exquisite pieces of work like the contemporary D50 and the new Jim Hall/Jim Musser Chaparrals. At a certain level, you could argue that nothing distinguishes them from the real thing—except, of course, for the inconvenient fact that they're not the real thing. I'm not sure if this is an issue of collectibility or etymology—or even epistemology. KM responds: You continue to ask the right questions. It is no secret that SCM's position is that all “continuation” or “tribute cars,” no matter how well or poorly executed, are simply fakes. The amount of “original content” is merely a modifier, such as “complete fake,” or “fake with a real Ferrari drivetrain,” or “fake built with some authentic bits.” (I recall being offered a replica D-type, and the seller touting that the car was equipped with “original spark plug wires from an original D-type.” Do tell.) Consider this: I'm sure it is possible to make a reproduction of the Mona Lisa that is so accurate it could fool nearly anyone; do you care? Or if your local museum advertised a new show that had “perfect replicas of famous gems,” would you be interested in attending? Anyone who collects—with any thoughtfulness—will always value the real thing above all else. The original object is imbued with an essence that simply doesn't exist with a replica. Of course, that is one of the driving forces behind collecting, which is to seek out the most original object, in its most original state. As a group, car collectors have been late in coming to the table to ask for bullet-proof authentication and verification; aside from Miles Collier's biennial seminars on Connoisseurship, I know of no other non-marque-specific organized attempts to illuminate thoughtful collecting. As cars increase in value, we can expect to see more attempts by factories to protect and enhance their brand heritage by engaging in “certification” and “certified replacement parts,” including recast original blocks, heads, and other significant parts. The task before the collector car community is to decide how to value these certified cars when compared with original cars and those with non-certified replacement parts. The market speaks with its wallet, and its voice is already being heard. ♦ 10 Sports Car Market

Page 10

Crossing the Block Jim Pickering Carlisle Auctions—Fall Carlisle Where: Carlisle, PA When: October 5–6 More: www.carlisleauctions.com Last Year: 87 cars sold / $1.7m Held at the all-new Carlisle Expo Center, this year's fall event is expected to draw in the neighborhood of 250 consignments from all over the east coast. Among the cars planned for auction, expect to see a 1971 Dodge Challenger convertible, a 1969 Chevrolet Nova SS equipped with a numbers-match ing L78 375-hp 396, and a 1957 Chevrolet 210 wagon that underwent a full, two-year, body-off restoration. Mecum Auctions— St. Charles High Performance Auction Where: St. Charles, IL When: October 5–7 More: www.mecumauction.com Last Year: 411 cars sold / $20.7m High-quality American muscle will headline at this annual St. Charles sale in October, and this year's event will feature several vintage drag racers, including the 1967 Fred Gibb Chevrolet Camaro Z28 known as “Little Hoss,” which dominated NHRA Top Stock drag racing in 1967 and 1968, and “Dyno Don” Nicholson's A/FX 1965 Mercury Comet Cyclone, complete with its 700-hp Ford SOHC 427. Silver Auctions—Spokane Fall 2007 Where: Spokane, WA When: October 6 More: www.silverauctions.com Silver's hometown auction will feature everything from full classics to cars from the '60s and '70s, with a broad sampling of decent sports, utility, and luxury cars expected. Plenty of decent driver-quality examples will be offered from each category, most of which will be making their automotive auction debut. The Sportscar Auction—Geneva 2007 Where: Geneva, CHE When: October 6 More: www.sportscarauction.ch Last Year: 31 cars sold / $4.3m Taking place alongside the Geneva Classics event at the Palexpo, this second annual event will include a number of classics and high-profi le racers. Chief among them will be a 1979 12 BMW M1 Group 4 racer with extensive European race history, as well as a 1980 Porsche 935 K3 modifi ed by the Kremer brothers and raced by John Winter. H&H Auctions— The Imperial War Museum Where: Duxford, UK When: October 9–10 More: www.classic-auctions.com Many unique items once belonging to U.K. race car driver Herbert Lewis Hadley will be offered at the Imperial War Museum, as well as a 1938 Autovia Sports Saloon, a 1930 Austin EA Sports Ulster, a low-mileage 1969 Volkswagen Beetle, and a very rare Butler Omnicycle dating from 1882. Kruse International— The Hershey Auction Where: Hershey, PA When: October 11–13 More: www.kruse.com Last Year: 139 cars sold / $5.7m To be held in conjunction with the AACA's Eastern Division Fall Meet, this Pennsylvania staple will offer plenty of American classics, sports, and muscle cars. A 1969 Chevrolet Corvette coupe with a 390-hp 427 and a 1935 Chevrolet phaeton are expected, as well as several Cadillacs, including a red 1959 Series 62 convertible and a w white 1955 Eldorado convertible. RM Auctions— R V Vintage Motor Cars at Hershey Where: Hershey, PA When: October 12 More: www.rmauctions.com Sixty motor cars from the estate of Helen Swigart will be offered without reserve at this inaugural event at the Hershey Lodge, including a 1911 Oldsmobile Limited 7-passenger ouring, a 1916 Winton Model 22-A 7-passenger phaeton, a 1906 Buick Model F 5-passenger phaeton, a 1909 Cadillac Model 30 5-passenger phaeton, and a 1931 Dupont Model G Le Mans speedster. W W M Cox Auctions—Fall Branson Where: Branson, MO When: October 19–20 More: www.bransonauction.com Last Year: 143 cars sold / $3.2m This marks the 26th edition of the Fall Branson auction, and this year's event will take place at the new 222,000-square-foot Branson Convention Center at Branson Landing, offering 1980 Porsche 935 K3 at the Sportscar Auction in Geneva Sports Car Market 1957 Chevrolet 210 wagon at Carlisle

Page 11

RM Auctions— Automobiles of London Where: London, UK When: October 31 More: www.rmauctions.com London's Battersea Park will 540K Special Roadster at RM London waterfront shopping, dining, and entertainment within walking distance of the auction. Several low-mileage classics and exotics will headline the sale, including a 1997 Lamborghini Diablo VT roadster, a 1998 Porsche Carrera S, a 1988 Ferrari 328 GTS, and a 1972 Hurst/Olds Indy Pace Car convertible. RM Auctions— Toronto International Fall Auction Where: Toronto, CAN When: October 19–21 More: www.rmauctions.com Last Year: 181 cars sold / $3.7m Touted as “Canada's Biggest and Best Classic Car Auction,” this three-day event generally offers between 400 and 500 classic, sports, and muscle cars, as well as an assortment of automotive memorabilia. The vast majority of prices here tend to fall below $50k, making this an excellent place to find driver-quality classics at affordable prices. Bonhams—Collectors' Motorcycles Where: Stafford, UK When: October 21 More: www.bonhams.com The Classic Motorcycle Mechanics sale will play host to this two-wheeled auction, and featured lots will include the last Series-C Vincent Black Shadow built, Freddie Dixon's 1928 Isle of Man Junior TT Douglas, and the ex-Mead & Tomkinson 1976 Laverda “Nessie” Endurance Racing Prototype. October 2007 Auction Calendar All dates listed are current at time of publication. Contact information for most auction companies may be found in the Resource Directory at the back of this issue. Please confirm dates and locations before attending any event. Email auction info to: jim.pickering@sportscarmarket.com. September 1-2—SILVER Sun Valley, ID 3—SHANNONS Melbourne, AUS 8—BONHAMS Hampshire, UK 8—MECUM Canal Winchester, OH 9—COYS Warwickshire, UK 10-11—BARONS Surrey, UK 14-16—KRUSE Murray, KY 14-15—TOM MACK Concord, NC 15—ICA Sioux Falls, SD 14-16—RM Ontario, CAN 15—SILVER Eaton, CO 21-22—CLASSIC AUTOMOBILE AUCTIONS OF AMERICA Fredericksburg, TX 22—MIDAMERICA Blaine, MN 28-29—KRUSE Little Rock, AR 28-29—SANTIAGO Tulsa, OK 30—ARTCURIAL Le Mans, FR October 5-6—CARLISLE Carlisle, PA 5-6—CLASSIC AUTOMOBILE AUCTIONS OF AMERICA Biloxi, MS 5-6—MIDAMERICA St. Paul, MN 5-7—MECUM St. Charles, IL 6—SILVER Spokane, WA 6—THE SPORTSCAR AUCTION Geneva, CHE 9-10—H&H Duxford, UK 11-13—KRUSE Hershey, PA 12—RM Hershey, PA 13—BONHAMS & GOODMAN Sydney, AUS 14—ARTCURIAL Pont l'Évêque, FRA 19-20—COX Branson, MO 19-21—RM Toronto, CAN 20—CHEFFINS Sutton, UK 20—ICA Louisville, KY 20—SILVER Portland, OR 21—BONHAMS Stafford, UK 21—ARTCURIAL Osenat, FRA 21—SHANNONS Sydney, AUS 22-23—BARONS Surrey, UK 31—BRIGHTWELLS Herefordshire, UK 31—RM London, UK November 2—BONHAMS London, UK 2-4—KRUSE Auburn, IN 3—SILVER Seattle, WA 3—WORLDWIDE Hilton Head, SC 10—BONHAMS & BUTTERFIELDS Los Angeles, CA 10—KRUSE Atlanta, GA 10—POTTS Atlanta, GA 16-18—LEAKE Dallas, TX 16-18—MCCORMICK Palm Springs, CA 21—BONHAMS Harrogate, UK 20-21—H&H Buxton, UK 23-24—ICA Gilbert, AZ 23-24—ICA Houston, TX 24-25—KRUSE Las Vegas, NV 26—SHANNONS Melbourne, AUS 30-DEC 2—MECUM Kansas City, MO serve as backdrop for RM in its second European-based sale of the year held in association with Sotheby's. Approximately 50 cars from the private collection of F1 supremo Bernie Ecclestone will be featured, including some rare pre-war Mercedes-Benz models. Highlights of the collection include a 1937 MercedesBenz 540K Special roadster, a 1931 Mercedes-Benz SSKL, a 1930 Mercedes-Benz SS, a 1938 Lancia Astura Special Cabriolet A, and a 1932 Delage D6 Faux Continental. ♦ 13

Page 12

Inside Line Stefan Lombard Send news and event listings to insideline@sportscarmarket.com. will get to test their mettle at VIR. Each day covers about 250 miles, all on two-lane blacktop with little traffic and stops at some of the region's greatest cultural sites. The cost for one car and two participants is $4,995. www.vintagerallies.com. (VA) ■ On October 19 and 20, the Cruising on the Mountain Mille SCM News ■ The SCM web site (www .sportscarmarket.com) has been completely redesigned. Useful new features include an interactive photo gallery, the addition of all your favorite SCM columns to compliment the already long list of profiles, a searchable Price Guide, and more. The premium Gold membership has been replaced by Platinum; members now have access to powerful new search and graphing functions within the database that enable them to compare the sales records and trends of several makes and models at once. Explore the site—your comments are welcome. Please send them to youwrite@sportscarmarket.com. Events ■ The weekend of October 5–7 marks the fourth annual Niello Concours at Serrano, held in the El Dorado Hills east of Sacramento. The weekend will include a Friday night Concours d'Elegance Gala, The Ultimate Driving Tour on Saturday, which will allow spectators to see the entered cars on display at various places throughout Sacramento, and the concours itself on Sunday. Kjell Qvale will serve as Grand Marshall, and the show will celebrate the golden era of sports racing, with Aston Martin as the featured marque. A fashion show and limousine tours of the Serrano area are included in the $20–$30 admission price. www.nielloconcoursatserrano .com. (CA) ■ Now in its tenth year, the Coronado Speed Festival once again will take place during San Diego's famed Fleet Week celebration, October 6–7. About 225 vintage race cars will be on display and racing at a 1.7-mile temporary course made from the taxiways and runways of Naval Air Station North Island. More than 20,000 people are expected at the races, which this year will honor the late Richard Cunningham, the event's cofounder and former co-owner of Cunningham BMW in nearby El Cajon. Advance tickets start at $25, kids under twelve free. www.fleetweeksandiego.org. (CA) ■ Don't miss the third annual Mountain Mille from October 14 to 19. The rally, hosted by Rich and Jean Taylor and sponsored by Porsche Cars North America, will traverse Virginia and West Virgina on some of America's best roads. The rally includes stops at exclusive inns and resorts like Berry Hill Plantation, The Greenbrier, and The Homestead, and participants 2007 Mercedes-Benz Lake Mirror Classic Auto Festival, in Lakeland, Florida, will celebrate its eighth year. The show will pay tribute to Honorary Chairman, Sir Stirling Moss, and among the 100 vintage cars present, the show will include several cars piloted by the Englishman during his long career. The festival, founded by Heacock Classic Collector Car Insurance president Ford Heacock, packs several events into the weekend, so there is sure to be something for every discerning automotive taste. Many events are free, while others require a small registration fee. Visit www .lakemirrorclassic.com for details. (FL) ♦ Event Calendar 4-7 Geneva Classics (CHE) www.geneva-classics.ch 5-7 Niello Concours at Serrano (CA) www.nielloconcoursatserrano.com 6-7 Coronado Speed Festival (CA) www.fleetweeksandiego.org 7 Newport Beach Concours (CA) www.atsconcours.com 12-14 VSCDA Fall Finale (OH) www.vscda.org 12-14 CSRG Charity Challenge (CA) www.csrgracing.org 14-19 Mountain Mille (VA) www.vintagerallies.com 19-20 Lake Mirror Classic (FL) www.lakemirrorclassic.com 20-21 Winter Park Concours (FL) www.winterparkconcours.com 26-28 Las Vegas Concours (NV) www.lasvegasconcours.com 26-Nov 1 La Carrera Panamericana (MEX) www.lacarrerapanamericana.com.mx Runways to racetrack at Coronado 14 30-Nov 2 SEMA Show (NV) www.semashow.com Sports Car Market

Page 14

Sports CarMarket Publisher Keith Martin keith.martin@sportscarmarket.com; 503.261.0555 x 210 V.P. Business Development/General Counsel Rob Sass rob.sass@sportscarmarket.com; 503.261.0555 x 214 Art Director Kirsten Onoday kirsten.onoday@sportscarmarket.com; 503.261.0555 x 202 Executive Editor Paul Duchene paul.duchene@sportscarmarket.com; 503.261.0555 x 206 Managing Editor Stefan Lombard stefan.lombard@sportscarmarket.com; 503.261.0555 x 203 Auction Editor Jim Pickering jim.pickering@sportscarmarket.com; 503.261.0555 x 208 Copy Editors Yael Abel, Kristen Hall-Geisler, Bill Neill Senior Auction Analysts Dave Kinney, Richard Hudson-Evans (Europe), B. Mitchell Carlson Auction Analysts Daniel Grunwald, John Clucas (Australia), Norm Mort (Canada), Joe Severns Contributing Editors Steve Ahlgrim (Ferrari), Gary Anderson (English), Carl Bomstead (Automobilia), Colin Comer (Muscle Cars), John Draneas (Legal), Donald Osborne (Etceterini), Jim Schrager (Porsche), Michael Sheehan (Ferrari), Thor Thorson (Race Cars) Contributors John Apen, Diane Brandon, Miles Collier, Kathy Donohue, Raymond Milo, Steve Serio, Martin Emmison (U.K.) Information Technology/Internet Bryan Wolfe bryan.wolfe@sportscarmarket.com; 503.261.0555 x 215 Controller Jimmy Carter jimmy.carter@sportscarmarket.com; 503.261.0555 x 205 Financial Manager Nikki Nalum nikki.nalum@sportscarmarket.com; 503.261.0555 x 207 Strategic Planner Bill Woodard Executive Producer, SCM Television Roger Williams Editorial Assistant Jennifer Davis jennifer.davis@sportscarmarket.com; 503.261.0555 x 209 ADVERTISING Advertising Sales Cindy Meitle cindy.meitle@sportscarmarket.com; 877.219.2605, ext. 262 Cody Wilson cody.wilson@sportscarmarket.com; 877.219.2605 ext. 213 Sales and Marketing Coordinator Valarie Huston valarie.huston@sportscarmarket.com; 877.219.2605, ext. 211 SUBSCRIPTIONS Subscriptions Coordinator Nikki Nalum nikki.nalum@sportscarmarket.com; 877.219.2605 ext. 207 To order new subscriptions 800.289.2819 Questions about current supscriptions 877.219.2605, ext. 207, service@sportscarmarket.com, fax 503.253.2234 www.sportscarmarket.com CORRESPONDENCE Fax 503.253.2234 General P.O. Box 4797, Portland, OR 97208 FedEx/DHL/UPS 401 NE 19th, Suite 100, Portland, OR 97232 The information in Sports Car Market magazine is compiled from a variety of reliable sources. However, we disclaim and deny any responsibility or liability for the timeliness, use, interpretation, accuracy, and completeness of the information presented. All material, data, formats and intellectual concepts in this issue © 2007 by Sports Car Market, Inc., Automotive Investor Media Group and Automotive In- vestor in this format and any other used by Sports Car Market magazine. Copyright registered with the United States copyright office. PRINTED IN USA 16 Sports Car Market

Page 15

Morris & Welford, llc INTERNATIONAL SPECIALIST HISTORIC CAR CONSULTANTS & BROKERS 1930 Alfa Romeo 6C 1750 Gran Sport Spider Zagato This fabulous 6C Alfa Romeo is a Fourth Series car, matching numbers and with recognized known ownership history for many years. Beautifully presented and ready for immediate enjoyment, it is arguably the most preferred and desirable version of the 6C model. Other Cars Available 1914 Rolls-Royce Silver Ghost Alpine Eagle Tourer 1959 Mercedes-Benz 300SL Roadster (1 family from new) 1961 Ferrari 250 GT SWB Berlinetta 1967 Ferrari 275 GTB/4 (1 owner from new) Please Contact Miles Morris Connecticut Tel: 203 222 3862 Fax: 203 222 3863 Cell: 203 722 3333 E-mail: miles@morrisandwelford.com Mark Donaldson Hampshire, UK Tel: 01252 845818 Fax: 01252 845974 Mobile: 07901 712255 E-mail: mark@morrisandwelford.co.uk www.morrisandwelford.com Malcolm Welford California Tel: 714 434 8562 Fax: 714 434 8155 Cell: 949 500 0585 E-mail: malcolm@morrisandwelford.com

Page 16

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, email: youwrite@sportscarmarket.com It may be a Honda, but… I love SCM and read it cover to cover every month. I have noticed that you have not always been kind to the Acura NSX and I am curious why. To preface, I have been a British car guy forever. I have owned several Jags and Triumphs and have had a fully restored TR3A for over 20 years. My sons are both car guys and like many young men love the Japanese stuff. We have rebuilt a few Honda engines and modified their cars and had a lot of fun at their club meets. I developed an appreciation for these cars and the amount of power you can get from a relatively small engine. To make a long story short, my son convinced me to reach out for “Honda's supercar” and buy an Acura NSX. I have loved everything about this car. It has all the creature comforts like a/c and a BOSE stereo, and the performance is exhilarating. My wife loves to go for rides in it, while she used to cower in terror in the British cars for fear they would break down or she might get burned, injured, or have to push. When I pull up to a restaurant or club meet I feel like a rock star. People worship this car, and their expressions always seem to say, “Wow, what a car. Too bad there's an old fat guy driving it.” I know the NSX was un- derpowered compared to other exotics, but when I looked at what it cost to tune or rebuild an engine on a good used Ferrari 308, the NSX made perfect sense for the same money. I value your comments on the NSX and will remain a loyal subscriber regardless of what you say. Come let this old fat guy take you for a ride and I'll pop in an AC/DC tape. That's living!—Gary W. Brown, Williamsburg, VA Keith Martin responds: Thanks for writing, Gary. As a Japanese alternative to European exotics, the NSX hit the mark. About 18,000 were built over 15 years. It was developed with the late F1 champ Ayrton Senna behind the wheel, and he made no secret of his positive impressions of the car. As it is a Honda, after all, it is a contemporary exotic 18 take whatever money was left over and spend it on themselves without asking for any accounting of outstanding liabilities. Since some part of that money spent in such a cavalier manner was mine, I hope they enjoyed the trip. If I have any of my facts or People worship this car, and their expressions always seem to say, ‘Wow, what a car. Too bad there's an old fat guy driving it' that can be lived with and even commuted in regularly. And being able to rev a car to the stratosphere while driving to work has its appeal. But SCM is first and foremost a reflective publication, which responds to and hopefully illuminates the trends of the marketplace. To be blunt, NSXs have never captured the imagination of the marketplace. Perhaps it is because their styling is uninspired, perhaps because they were built in such large numbers, or, oddly enough, perhaps they are simply too reliable and therefore don't create the types of constant breakdowns and multithousand dollar repair bills that, for instance, Ferrari owners get to regale their friends with. In terms of performance value per dollar, the NSX ranks very high, and for many practical reasons, your choice of an NSX is a brilliant one. But in terms of pure collectibility, whether long or short term, the market tells us that it just doesn't care very much. Here's what stinks about China I think SCM's comments about the China Rally (August, “Legal Files,” p. 34) were inter- esting and informative. However, as a participant who put up $17,000-plus and was left twisting in the wind, I have several of my own comments to make. 1. I never would have gotten involved in the event without the sponsorship provided by SCM. To my regret, I assumed SCM had done some due diligence and investigated the project. 2. I was aware of the participants from SCM who were going to be in the group and had discussions about the rally with one of them where I learned about the cars being provided to them by the rally sponsors. 3. Due to a personal problem, I was forced to abort the trip, and these are my mistakes and I am an adult and responsible for my own mistakes. 4. However, I am a little shocked to learn from the writeups that SCM staffers (or consultants) had intimations several weeks before the rally dates that there might be problems. Clearly, no one had any liability to notify me or anyone else, but from the notes, it is apparent that no one made any attempt to do so. 5. Finally, I was truly appalled at the naivety and immaturity of the group in Hong Kong who arbitrarily decided they could interpretation wrong, I apologize in advance. But as a successful businessman, I would comment that part of the success and value of the SCM business franchise is lost whenever an implied sponsorship occurs without an analysis of the potential impact on the brand value of SCM. I would recommend that the management be much more careful in the future about giving out recommendations. I will certainly be more careful in believing in them.—RD, via email From SCM Legal Analyst John Draneas: I can respond to part of this. I, too, was very interested in how the participants took the available money and did the best they could. It seemed to me a bit like the shipwrecked school children in Lord of the Flies who created their own society and made their own rules. I thought about asking a bankruptcy lawyer to look at this and write about the decisions they made, but the piece was already rather long and time had run short. Also, I was satisfied that the ones who took the lead had good intentions, and I didn't think it was fair to second guess them in print. Don't be too hard on the SCM staff about their suspicions. You are correct that there probably was no legal duty to inform anyone, but it would be a risky legal proposition to do so anyway. It wouldn't be hard to imagine the organizer responding with a defamation lawsuit, claiming that publication of the “unfounded worries” sabotaged the entire event, ruined his reputation, etc. Many times in today's legal climate, one ends up in a spot where “doing the right thing” can lead to very substantial liability. From Keith Martin: I can only reiterate that SCM regrets its involvement with the China Rally, in every way, and will perform a much higher level of investigation and analysis before becoming

Page 18

Ad Index Aston Martin of New England ............. 103 Autosport Designs .................................107 Bald Head Garage .................................105 Bart Holland BV Restoration Co. ........ 101 Battery Tender ........................................ 93 BB One Exports .................................. 117 Blue Highways ......................................107 Bonhams & Butterfields ......................... 25 Branson Collector Car Auction .............. 69 Brian D Moore Resorations ..................144 Carlisle Events ........................................33 Classic Showcase ................................... 97 Classic Showcase ..................................125 Collectors Foundation .............................87 Corvette Market Magazine .....................83 Cosdel ...................................................119 Covercraft .............................................117 Creative Workshop ................................119 Digit Motorsport .................................. 115 Doc's Jags .............................................145 Dragone ...................................................95 Ebay Motors ............................................ 7 Exotic Car Transport ............................ 145 Fairfield County Concours ..................... 51 Family Classic Cars ..............................119 Fantasy Junction ......................................93 FECC Passport Auto Transport .............. 57 Foreign Coachworks, Inc. ....................105 Fourintune Garage Inc ......................... 144 GM ....................................................... 148 GoFastAuction.com .............................. 95 Gooding & Company ............................... 2 Griot's Garage ....................................... 31 Grundy Worldwide ..................................11 Hagerty Insurance Agency, Inc. ............. 19 Heacock Classics ..................................121 Hilton Head Island Concours ..................16 Hotseat Chassis Inc ...............................145 Intercity Lines ........................................ 37 JJ Best Banc & Co ................................139 Keith Martin Buyer's Guides ................. 99 Kirkland Concours ..................................67 Kruse International ..................................77 L' art et L' automobile .......................... 113 Maserati North America .......................... 9 MetalLine Cabinets ...............................135 Mid America Motorworks .......................61 Morris & Welford, LLC ..........................17 Motorcar Portfolio ................................. 71 Palm Springs Exotic Car Auctions ..........81 Park Place LTD .......................................21 Paul Russell and Company .................... 89 Perfection Autosport .............................. 79 Premier Financial Services .................. 147 Putnam Leasing ...................................... 23 Renaissance Design ............................. 123 Re-Originals ......................................... 121 RM Auctions .......................................... 15 RM Auctions .......................................... 29 Ron Tonkin ............................................115 RPM Motorbooks .................................144 Silver Auctions ....................................... 73 Sportscar Auction of Geneva ................. 85 Stephanie Warrington ............................144 Symbolic Motor Car Co ........................... 3 Ulysse Nardin Watches .......................... 27 Vintage Motors of Sarasota .................. 113 Vintage Rallies ......................................103 VintageAutoPosters.com ...................... 145 Worldwide Group ......................................4 20 Does anyone at SCM actually abide bya logical and time-tested approach when buying a used car? involved in any sponsorships of this kind in the future. Here's what's great about China Most of John Draneas's article about the China Rally, which we were participants in, was right on the money, but I disagree with the section about the drive itself. By getting off the freeways and the beaten path, my co-driver, Fred Nelan, and I were able to find some great scenery and enjoyable drives through countryside and Chinese villages filled with friendly people. The drive to Beijing was worth it and we don't regret a thing, except for the money sting.—Jim Taylor, via email In defense of the XJS When I read Rob Sass's biased article in the June issue of SCM (“Affordable Classic,” p. 28), my reaction was that he condemned the total XJS range without, in fairness, pointing out their many virtues. Then for you to follow this up with letters in the August edition (“You Write,” p. 18), which gave personal negative views, made me aware, as a long time SCM reader, that I would have to treat any future articles with skepticism. For Mr. Sass's education, the XJS was produced by Jaguar from 1975 to 1996. In volume, it was their biggest seller. There were many different models and engine variations including the coupe, the cabriolet, and the convertible, with straight-6 or V12 engines. The V12 versions have been praised by many top car magazines as a premier Grand Tourer. Both versions have been extensively driven very successfully and in volume in racing circles, both in the U.S. and Europe, with the most notable being Bob Tullius's Group 44. I am a member of the Delaware Valley Jaguar Club, and we have a number of owners of all the varieties available who have nothing but good experiences with their cars. I have owned a 1992 V12 convertible for 13 years, with only one poor experience when the air conditioning failed. It has never failed to complete a journey. It is a fact that early cars had problems and also during the British Leyland experience, but in the 1980s and 1990s, there were improvements made every year. In the U.K., the XJS is much sought after and we have seen that happening here in our club. It is becoming a true reliable classic.—Michael Tate, Malvern, PA Rob Sass responds: Thanks for your letter, Michael. In fact, the reality of the XJS was that there were far more bad years than good. As you admit, the cars built under Leyland control (1975–84) and during the independent years (1984–89) were problematic. I am reminded of a quote from Sir John Egan after his retirement that went something to the effect of: “We built 23,000 cars in 1984, and not one of them was any good.” The period 1975–89, unfortunately, constitutes the majority of the years the XJS was produced, so it was logical to focus on the car's problematic history. I did mention that the Ford- era cars were vastly improved, and that any year XJS benefits from a silky-smooth engine, an excellent ride, good brakes, and decent performance by any standards. As to the letters from readers relating to negative experiences, those were the only letters we received concerning the XJS. Yours is the first to have positive things to say, and I am glad your experience has been a good one. What are you guys thinking? Jim Pickering's p. 137 “SCM Garage” column in the August issue tells three sad and similar used car tales. In addition to that, there is the irony of your (and Publisher Martin's) apparent total disregard for the very advice that SCM continually spouts: Money spent first on checking out the car is money well spent. Does anyone at SCM actually abide by such a logical and time-tested approach when buying a used car?—Norman Vogel, San

Page 20

You Write We Read Francisco, CA Jim Pickering responds: You make a good point, Mr. Vogel. However, a 35- or 40-year old car can be completely functional one day, with no real signs of impending doom, and it'll leave you stranded the next. Pre-purchase inspections are important for locating major problems; they won't necessarily locate a lot of smaller wear and tear issues that can pop up later and ruin your day. If you buy and use a collector car, unless every part on it has been restored, things will wear out. Further, when cars have not been driven regularly, putting them into regular service causes things that have not been properly maintained, like wheel bearings, to fail. Keeping up with all of this, and learning just how worn-out most unrestored old cars are by now, is just part of the experience. Impala inconSStencies We are happy SCM sub- scribers, in addition to being a specialty automotive dealership. As such, we often find items from our current or past inventory within your pages. My question relates to the 1961 Impala SS, lot S82, featured in B. Mitchell Carlson's piece on the Mecum's Spring K.C. Dream Classic (“Market Reports,” p. 96). In his brief comments on the car, Mr. Carlson's description makes reference to the Impala being an SS, of which 142 were produced—quite desirable based on its rarity. However, as we have reviewed the car since, it appears quite unlikely that the seller's representation of the car as an SS is correct. Despite common assumptions to the contrary, we therefore cannot represent the car as an SS if it is not, and are currently advertising the Impala as a tribute—though we purchased it thinking otherwise. My essential question for Mr. Carlson is this: Was his description of the car as an SS based on direct observation of characteristics defining the car as an SS, items which in my research I may have been unable to produce, or was this description based principally on the seller's representation? I intend no odor of criticism by my question, but 22 on their shopping list. But there are, I'm sure, thousands of guys who would love that truck for the price paid. For the cost of a new Kia, they can own and drive a part of their childhoods. As Serio says, “there is a butt Was his description of the car as an SS based on direct observation ofcharacteristics defining the car as an SS? seek simply to know if there is something I may be missing. While there are obviously types of vehicles that we have very considerable knowledge of, from the necessity of a diverse inventory we must spend much of our time as generalists and as generalists doing research.—Hesse Caplinger, Classic Car Studio, www.classiccarstudio.com, St. Louis, MO B. Mitchell Carslon re- sponds: Thanks for bringing your observations to our attention. It does, indeed, appear that we both have discovered more later about this car than we were able to discern at the auction. In your case, you have had the luxury of more time to study the car and in more detail than I did on a weekend of examining in one way or another every car that crossed the block. At the time, I made the “SS” call based upon what I saw on the car rather than taking the consignor's word in total. Mecum makes a valiant attempt to hold consignors to the fire for what they claim, and I will admit, such knowledge did influence my call. As for secret discoveries I might have made that conclusively proved the car to be an SS, there were none. I likely used the same observations on site that you did for your purchase. As we know, a '61 SS package was a dealer-installed option, so apart from something like an original dealer's invoice (none was presented with this car), it is impossible to say definitively one way or another that the SS pieces were installed by the selling dealer when new, or at a later date. You are to be commended for your candid and realistic approach to your merchandise. We all do the best we can to understand what we are buying and selling, and sometimes things just don't turn out the way we thought they would. Don't hate it, sucka I think Steve Serio was far too dismissive in his comments regarding the recent sale of the “ATeam” van for $18,032 (August, “Etceterini Profile,” p. 50). While he is correct that to most people that sum is a fairly good amount of money, in the collector car world, it doesn't buy much (and even less in the U.K., where the vehicle was sold). And yes, there is a long list of desirable cars you could buy for that small amount. The trouble is, he assumes everyone has his taste. The television series ran from 1983 to 1987. A 10-year-old fan of the show back then would be in his mid-30s now. Using Serio's list of alternatives as an example, I'm not sure many 34-year-olds have a TR6 or Lancia Fulvia high for every seat,” but not everyone wants an aging sports car. My Mercedes, Mini Cooper, 1963 Avanti, CJ-5, and Barris TV cars prove that people have very eclectic tastes. Who knows, perhaps the van's buyer already has a garage full of “SCM-correct” cars and wants a cool parts runner with a bit of history. With the show's worldwide audience, it might even be a good buy. So a GMC van with custom paint may not be his (or my) liking, but let's not be dismissive about someone who would find it a nice reminder of his childhood. Don't underestimate the power of childhood dreams. I'm sure the James Bond fantasies of many boys have helped Serio sell a lot of Aston Martins.—John Boyle, Colbert, WA Steve Serio responds: John, thankfully everyone has his own taste with regard to our hobby, and I desire to convert no one to mine. I don't have any Kool-Aid to hand out, nor is that my wish. And fair enough to your point, maybe I should have used 1980s cars as more appropriate comps The bigger issue I tried to get across was that this GMC van seems to be a run-of-the-mill example with some “A-Team” graphics slapped on, and it very well could have been built up by a fan of the show who wanted to pay homage to his childhood dreams—fair enough for him. With no “proof,” and with the vague auction catalog wording, I think the new buyer got suckered into paying extra for the chance the van was the real Barris deal. For a great deal less than 18 large, you can buy a 1980s van painted black and do the conversion yourself. Do not assume a car in a catalog has any great provenance by virtue of being sold in that type of forum. Without the documented Barris provenance, this car is fool's gold. A great many of us collect cars from our youth or cars we

Page 22

You Write We Read simply couldn't afford at a different time in our lives; you do what makes you happy. My column was more about not being a rube in an ever-growing worldwide hobby. Ferrari reunion, in three parts I was amazed to find a photo of one of my old cars in the August edition of SCM. It's the 1978 Ferrari 400 GT in “Sheehan Speaks,” in the bottom left hand picture of p. 45. I sold this car, s/n 22569, in late 2003 for some ridiculously low figure just before leaving the U.K. to become a temporary resident in Virginia. I see the car was in a Bonhams auction at some time and would be grateful if you could tell me when this was and how much the car sold for.—David Wheeler, via email Stefan Lombard responds: The picture we have of your car is from a Bonhams sale at Henleyon-Thames from July 16, 2004. The car had 61,678 miles and was bid to $20,570 against a $24k reserve. It did not sell. That is the only record we have for the car, SCM# 34727. Here is what our analyst, Richard Hudson-Evans, said about it at the time: “One of just 27 RHD 400s with 5-speed manual box. Restored in late 1980s. Fuel filler and driver's screen pillar paint-marked. Alloys very clean. Claimed to be original leather, slightly creased at the driver's side. Bid short of the $24k reserve, which was a bit too high. Certainly worth at least $22k I should probably be pleased being referred to as ‘a local dealer' by someone as seasoned as Raymond; I prefer to believe it indicates a bit of acumen with manual-shift, though. There are lots of depreciating 400s for sale, but nearly all of them are automatic.” David Wheeler responds: Many thanks for your speedy reply—fascinating information. I bought the car in February 1997 for $27,350. It had very little history and had been exported from the U.K. at some point. Someone had obviously spent a great deal of money on it during the restoration. Details were correct except for some underhood paintwork. It had recently been repossessed by a finance company and acquired by a dealer who knew of my fondness for these cars; I had previously owned another manual 400 GT and a 365 GT4 2+2. The interior was indeed original and the two paint blemishes were the result of my clumsiness, I'm afraid. As I was leaving the country, I sold the car to a dealer in January 2004 for $15,500, who put quite a lot of preparation work into it. The car only had minor work and regular oil changes during my ownership, so seven years of V12 Ferrari motoring at about $2,500 per year was not too bad a deal, I guess. In comparison, my two “modern” Ferraris—a Testarossa and a 550 Maranello—were both nightmares. Come to think of it, a nice manual 400i would be perfect for Virginia, if I could find one. A note to Uncle Raymond Nice article by Raymond Milo on the Arnolt-Bristol Coupe (August, “American Profile,” p. 56). Some clarification is in order though. I should probably be pleased being referred to as “a local dealer” by someone as seasoned as Raymond; I prefer to believe it indicates a bit of acumen. In looking back on the cars The interior was indeed original and the two paint blemishes were the result of my clumsiness, I'm afraid 24 I've owned over the last 30 years, the average period of ownership is about seven and one half years. Not much turnover for a “dealer.” However, I have managed to support my enjoyment of automobiles and vintage racing with the profit of past acquisitions. The motivation for selling varies. Occasionally, the value of a particular piece goes up far enough that it seems ridiculous to own it any longer. Then there is the sudden lust for something else that prompts a sale to free cash. Finally, there is the point where nothing else needs to be done to a particular car, and I'm just ready to move on. This formula has allowed me to own a number of very desirable automobiles. I only buy cars I really like and want to own. If the market goes south, I'll enjoy it just as much and own it longer. The only time this formula doesn't work is when you find the one piece you just can't part with. Suddenly, true love hijacks liquidity and there is one less spot in your collection. I only have one of these, so if you know of a “birdcage” stuffed in a barn somewhere… My favorite collection quote is Milo's answer to an inquiry about his “collection.” He said, “I collect my mistakes.” Now that is a bit of honesty from a dealer. Finally, two observations on the A.B. Coupe: The numbers it wears are the same ones it wore at the 2003 Historics, and the chrome trim at the wheel lips and hood scoop have been added since. Unfortunately.—Ron Bennett, Seal Beach, CA Errata In September's “Automotive Investor” (p. 144), we incorrectly spelled art and car collector Jon Shirley's name. ♦

Page 24

Neat Stuff Stuff Neat by Stefan Lombard Does your wife complain you spend too much time in the garage? Is she right? In that case, why not decorate it the way you'd like, so it's not just a messy workshop, but has some style. Unique Garage offers a way to customize new cabinets with images you photograph, or you can choose from a number of designs they have. The state-of-the-art graphics on the cabinets are embedded directly into the substrate finish, creating a durable image that's scratch- and chemical-resistant. Cabinets are 30 inches wide up to total of 120 inches, upper cabinets are 17 3/4 inches high, and the workbench is 36 inches high. Total height is 84 3/4 inches. Prices start at $3,250. Check it out at www. uniquegarage.com, or contact James Mack at American Classic Garage, 480.650.6069. WHAT YOU NEED AND HOW TO GET IT As if the Busted Knuckle Garage Mini-Toolbox wasn't enough to clean up the clutter on your work bench, take a look at their new Work Bench mat. A non-slip project mat protects and keeps your work area clean. Imagine being able to find things you just put down? What a concept. The mat has molded trays for holding hardware and other parts and has a conversion chart and angle guide etched into the material. It is chemical-resistant and holds liquid spills up to 32 oz with a notched lip for easy pour-off. Measures approximately 24 inches long by 16 inches wide. If there's got work to be done, take it to the mat. $21.95. www.BustedKnuckleGarage.com. Remember that Disneyland song that used to drive you nuts, “It's a Small World…” Well here's the perfect car for that small world, a 1/4-size all-brass 1912 Model T Ford Roadster that actually runs. It was built to Ford blueprints by a retired engineer (with a lot of time on his hands) and has a working 4-cylinder engine and 2-speed transmission, with reverse gear. The car is 35 inches long by 18 inches tall and can be yours for $150,000 (which represents about $1 an hour for the guy who built it). See it at www.olstuff.com, or visit it at the Conger Street Clock Museum, 700 Conger Street, Eugene, OR 97402, 541.510.2079. When you gotta go, go in and Genuine Hotrod Hardw two bathroom accessories the hot rodder can't do without. C on, think of yet another thing th could be made of billet aluminum but hasn't. Give up? How about a toilet roll holder. Yes, made to exacting tolerances, guaranteed to hold that roll of paper with precision and save weight as we Yours for only $39.95. But w there's more. How about a machi aluminum 4-speed shift lever to fl the toilet? Positive action, fam shape, “falls easily to hand,” as testers say. And for only $29.95. both items at www.genuinehotrod 26 Sports Car Market

Page 26

In Miniature Marshall Buck How Much Will You Pay For Details? BBR spent most of its research time looking at restored cars and very little historical documentation Jaguar SS 100 Another car that has been Ferrari 375 The Ferrari Ratings ( 375 Plus and MM variants have been modeled by many, and now along comes BBR with three versions in 1:18 scale. My sample is the 1954 Le Mans winner, which is mass-produced in China, the new route that BBR is going. At first glance this 375 Plus appears to be a very fine model. There is a wealth of detail along with numerous working parts. But for all of that there are many areas sorely lacking. It's pretty obvious that BBR spent most of Quality: is best) ½ Authenticity: ½ Overall: its research time looking at restored cars and very little historical documentation. I have to say that all of the oh-so delicate working hinges are superb. As nice as the laced wire wheels are, they should have been painted silver. Having done some quick research, I can't find anything that supports their choice of painting the air box black; it most definitely should be dull aluminum, and the shape is all wrong too. As far as I know, time travel has not yet been perfected. So, why is there a modern cooling fan in front of the radiator? The model has beautiful leather hood straps with quasi-functional buckles, which this professional model maker had one hell of a time undoing. Bottom line? Very good model with a lot of detail. Even with many faults, this would be a good addition to most collections, unless you're very picky; at around $300 maybe you should be. Available from: Motorsports Miniatures, P.O. Box 4, East Meadow, NY 11554; 800.249.3763; info@motorsportsminiatures. com; www.motorsportsminiatures.com modeled in many scales and by numerous manufacturers. You can find a selection of these from many dealers across the Internet. Most of them have been 1:43-scale diecasts along with a 1:18scale offering by Burago at a measly $20, more or less. If you want to build one yourself (in miniature), there is a good basic kit produced by Minicraft in 1:16-scale available through most hobby shops for around $40. As mentioned, the kit is basic, but put into the hands of a pro builder or anyone with good modeling skills, you get one like the one pictured after approximately 175 hours. Price? At an average hourly rate of $50 from a professional builder, you do the math. This one was built for an SCMer, replicating his car. Available from: Minicraft, 1501 Commerce Dr., Elgin, IL 60123. 800.322.3692; www.minicraftmodels.com. 288 GTO There is no definitive model out there; numerous choices abound. If I had to pick one model for my own collection, then it would be the 1:14-scale limited-edition hand-built from A.B.C., Carlo Brianza models of Italy. It's not exactly limited, since it is a production run of 1,000 and has been available for a number of years. It's about twelve inches in length and Brianza Ratings ( Quality: Authenticity: Overall: is best) captured the shape very well. The 288 is one of A.B.C.'s better efforts in their 1:14 Carlo Brianza series. The model features all opening panels with okay engine detail. It could be better, but still displays very well. Interior suffers from “looks a bit like a toy” syndrome, so display it with the doors closed. Tires don't look quite as low-profile as they should. Paint finish on most of their models is excellent—highly polished and very glossy. You can order these with or without contrasting black and red interior and in most any body color you'd like. Yes, there certainly is room for improvement, and at approximately $2,100, it's expensiv. But after all, it is a Ferrari and made in Italy. Available from: ABC s.n.c., Via Mazzini 23, 22070 Locate Varesino- CO, Italy. Tel: + 39-0331821350. abc@brianza.com, www.abcbrianza.com. ♦ MARSHALL BUCK is the founder of Creative Miniature Associates (www.cmamodels.com). He has been involved with high-end automotive miniatures since 1982 as a collector, model maker, manufacturer, and broker. He wrote a featured model column for Vintage Motorsport magazine from 1988 to 1999. 28 Sports Car Market Ratings ( Kit Quality: Kit Authenticity: Overall Kit: is best)

Page 28

Icons Smiths, Heuer, and Minilite Gauges, Dials, and Wheels Few of the hardcore among us have not had the pleasure of a Smiths mechanical oil pressure gauge piddling oil on a clean pair of khakis by Rob Sass Smiths Instruments Smiths started out as a U.K. clock and watchmaker around 1860. A blatantly col- lusive agreement in the 1930s between Smiths and Lucas found the two companies agreeing not to compete in the automotive instrument business. The only exception was that Lucas would continue to make ammeters, which ironically often served to warn of the failure of one of Lucas's other components. After the war, Smiths would continue to be the dominant supplier of gauges to British car manufacturers. Few of the hardcore among us have not had the pleasure of a Smiths mechanical oil pressure gauge piddling oil on a clean pair of khakis. By the end of the '70s, Smiths Industries, PLC, began to focus on its aerospace division and car instruments no longer fi gured into its plans. The instrument division was sold to VDO and then to a new company called Caerbont Automotive Instruments, www.caigauge.com. The latter continues to manufacture classic Smiths instruments to the relief of fake Cobra builders everywere. The U.S. distributor is Nissonger Instruments in New York, www.nisongerinstruments.com. Used instruments, some still in the wrapper, can be found on eBay, www.ebay.com, from $20 and up. Heuer Chronographs H If any timepiece is synonymous with motor sports, it's Heuer (now TAG Heuer). Heuer of Switzerland manufactured a line of elegantly simple stainless steel two- and three-register wrist chronographs, mainly with manual wind movements by Valjoux, who also supplied movements for the Rolex Daytona. The Autavia, Carrera, and Monaco were iconic wristwatches. The last is best emembered as the outrageous, huge square imepiece worn by Steve McQueen in the movie “Le Mans.” Expect to pay between $1,800 and $3,500 for an original at www. vintageheuer.com or www.ebay.com. TAG has eissued both the Monaco and the Carrera, www.tagheuer.com. The originals are simply branded “Heuer.” Minilite Wheels Originally cast in magnesium, U.K.-made Minilite alloy wheels were the M ompetition wheels to own in the mid-1960s. They were available in a huge range f f sizes—from 12-inch Mini sizes on up to 15- nches—in both bolt-on and splinerive models. Manufacturers were slow to offer alloy wheel options and non-cometition owners often turned to a set of Minilites to both reduce unsprung weight nd to provide a racier look to their street car. Even today, Minilites are often mitated, but the originals are still available in aluminum from Minilite. Further, s using often-hard-used vintage wheels of any kind on a sports car today is not a ood idea, new is the way to go. From approximately $200 per wheel and up, www minilitewheels.com. They are among the only wheels still on the market that look ight on a vintage sports car. ♦ s 30 Sports Car Market

Page 30

SCM Our Cars Three Cars, Eleven Wheels, and Four Bodies I'll not fail to mention that the dash of the 300SL was a rancid shade of lemon lime metallic green—double nice 1955 Mercedes-Benz 300SL Coupe Owner: Stephen Serio, Contributor Purchase date: June 2005 Price: Full retail at that time Mileage since purchase: 300 miles Recent work: Restored cobbled-up dashboard and rebuilt all original gauges, full service, new tires, and sourced out all missing trim pieces. I wrote on this car in October 2005, so I'll start 1958 Berkeley Owner: Geoff Archer, eBay Auction Analyst Purchase date: July 18, 2007 Price: $3,535 ($35 for delivery) Mileage since purchase: pushed it about 40 feet Recent work: Stacked 200-lb replacement body on top of it for storage This is an example of what you find when you search “restored” on Craigslist in Eugene, Oregon. That's not to say that it was advertised as “restored,” just that it needed to be “restored.” This condition is clear from the fact that there is no hood, engine, or interior, the paint color is akin to aged buffalo hide, and there is a gaping hole punched through the boot where King Kong reached through the fiberglass to get a better grip on it before hurtling it into oblivion. What's more, the seller freely admitted to paying $600 for this car fairly recently. He trailered it up from California, bought a bunch of expensive and hard-to-find parts, and then lost interest in the project. Why then would our value-savvy hero pay him more than a 5x multiple? Check out that beautiful yellow block of Velveeta peering out of the minivan. That is one of (supposedly) four reproduction bodies built in the 1970s by some fiberglass experts with Cobra kit car and speedboat experience. Two-inch flares all around, a squarish mouth, and a plump yet masculine butt evidence that venom mixed into the resin. Headlight openings are tough-looking, laid back and squared off…like a Marcos (if that's not too obscure a reference). That awesome yellow color is also in the gelcoat, so she'll never need a paintjob. Several times the seller reiterated to me that “the idea is that you take all the parts off this one car, and you clean them up and put them onto the new body.” My wife just rolled her eyes. Knowing that it probably will be a decade before I convince the kids to care about this thing, I am just going to hang it on the wall and stare at it as I ponder possible powerplants. 32 with the quickie synopsis. I bought the 300SL in California from the son of the original owner, who fancied himself a bit of a Cal-Kustom kinda artist. The good news was that the car was 97% complete, extremely well cared for, and nicely optioned with low miles. The odd news was that it was painted (almost from new) copper metallic, and the dash was customized with loads of extra gauges, an Iron Cross, and 1970s-esque stereo knobs and switches—nice. I'll not fail to mention that the dash was a rancid shade of lemon lime metallic green—double nice. I embarked upon righting the wrongs of the interior and, with even less haste, performed a full major service to give myself a new baseline that every owner of a new classic should possess. That included changing the shortened gear lever, removal of extra sound-deadening material, fitting a restored Becker Mexico, and 50 other “this and thats.” Three hundred miles of effortless and dead correct motoring later, and all seemed fantastic. But that dashboard... After the reality check that it would cost twice as much to repair than to replace, the search was on for a new NOS dash—no easy task. Four months later, I located a dash in Germany, along with countless knobs and trim pieces, thanks to HK Engineering. Kudos also to Alex Finigan and Jack Stiles from Paul Russell and Company, who also proved to be invaluable in their help with locating a great many of the “you'll never find it” odd pieces. Bigger kudos to Paul's paint and leather shop for perfectly restoring the dash. Looks like I've committed to painting the car white one day. 1935 Morgan F2 Super Sports Owner: Norm Mort, Auction Analyst, Canada Purchase date: April 2007 Price: $22,000 Mileage since purchase: about 100 miles Recent work: relocated rear light, with brake and transmission adjustment imminent With excess cash burning a hole in my pocket after the sale of my Allard, I thought I'd take the plunge and get something impractical to indulge my eccentric fantasies. While web browsing I came upon a 1935 Morgan F2 offered by a Morgan dealer, Northshore Import Sportscars, just north of Chicago. After numerous emails and phone conversations with the amiable owner, Norbert Bries, I purchased F234. Only 113 F2 models were built from 1935 to 1939. Mine was built on November 26, 1935, and is therefore one of the earliest examples. That information was confirmed by the factory, which provides production data on every Morgan built. The owner who completed the restoration had seen F234 on Northshore's site and contacted me with all the details. Originally black and white, it was repainted red when restored in 1982. The engine is original and had been fitted with speed equipment from Aquaplane, an aftermar- ket supplier in Britain, and the 1,172-cc Ford engine features a period aluminum head and intake sporting twin SU carbs. Driving any three-wheeler at speed is a unique adventure. Slow as molasses off the line, the Morgan easily winds itself up to a great flying speed, but one should never forget the F2 only has cable brakes. Bumps are easily handled by the front wheels, but the single wheel at the back tends to launch itself. Once the brakes have been adjusted, I'll see if it really does have an estimated top speed of 80 mph. That should be sufficiently invigorating on three 4.50 x 18 tires with a fold-down windscreen. ♦ Sports Car Market

Page 32

Affordable Classic Midgets 1961–79 MG Midget These are truly small cars. Anyone larger than 5'9” driving one looks like a trained circus bear in a parade by Rob Sass T he early '60s were the golden age of the British sports car. The British Motor Corporation (BMC) aimed to have a product for every possible driver MG dealers were clamoring for a car smaller and cheaper than the MGA. A badge-engineered version of the Austin-Healey Sprite Mk II seemed like just the thing. A different grille and a piece of bright trim on the hood and on the sides turned the Sprite into a Midget a name revived from the 1930s. But the cars are so similar that they are known by the collective appellation “Spridget.” Both cars shared the basic underpinnings of Austin A30 and the BMC A-series engine displacing 948 cc, which put out around 45 hp. Mk I Midgets also shared the side curtains of the Sprite Mk II. These were incredibly basic cars with slab sides and few compound curves. The characteristic upswept seam on the side just below and forward of the wind screen was a holdover from the Bugeye Sprite. Although basic, the the Abingdon factory turned out a quality product, and most early Midgets had decent panel fi t, nice paint, and Spartan but charming interiors, with seats featuring contrasting piping and a set of Smiths gauges. In 1963, displacement increased to 1,098 cc and front disc brakes were added. By 1964, the Midget came perilously close to becoming a real car. Opening quarter windows, roll-up windows, and outside door handles became part of the program and horsepower increased to 59 hp. One thing however, that would be impossible to address throughout the 18-year production life of the car was the lack of cockpit space. These are truly cars for small people No matter how far back you adjust the seat, the wheel is in your face. Footwell space is limited and is further intruded upon by a massive fl oor stiffener that runs horizontally through the middle of the fl oor. About 5' 9” and 160 lbs is the upper end. Anyone larger driving the Midget looks like a trained circus bear. k After 1966, Midget development is marked by a series of displacement increases designed solely to keep pace with ever-tightening U.S. emission regulations The fi rst bump was to 1,275 cc; it was a detuned version of a saloon motor—that of the Mini Cooper S. The “Leylandization” of the car in 1970 saw all of the nice BMC touches eliminated, including the pretty grille, side trim, and nice upholstery. An odd split rear bumper was added for 1971 only. Wire wheels, formerly common, became scarce in favor of Rostyle styled steel wheels. What was generally accepted as a pretty styling change came about from 1972–74. The rear wheel arches, which always looked odd, went from a fl attopped design to rounded full arches. These so-called “round arch” Midgets looked great; however, nobody in the new Leyland crew seemed to remember that the fl at- 34 top arches were essential to the way the rear crumple zone (such as it was) absorbed a hit. Without them, the cars folded up like a cardboard box. And so they went away after 1974. The 1975 model year brought twin atrocities for MG fans. First, the venerable A-se- ries motor was replaced by a Triumph 1,500-cc engine with a single Zenith carburetor in the U.S., and next, the infamous rubber-bumper solution to U.S. 5-mph impact laws. For some reason, the Midget seems to have come out slightly better looking than the MGB in this regard, but still, condition is the only reason to buy a rubber-bumper car. One positive came with the change to the 1500 engine—for the fi rst time, the Midget had a fully synchronized gearbox. Even with the “big engine.” 0–60 times were still around 15 seconds. Still, they seemed quicker because of their size. And there is fun to Sports Car Market

Page 33

Details Years produced: 1961–79 Number produced: 212,476 Original list price: $3,750 in 1976 SCM Valuation: $4,800–$10,000 (1967 is most valuable) Tune-up cost: $250 Distributor cap: $10 Chassis #: Plate on bonnet lock panel Engine #: Stamped on plate, right side of block Club: MG Driver's Club of North America 18 George's Place Clinton, NJ 08809 More: www.mgdriversclub.com Alternatives: 1964–80 Triumph Spitfire, 1967–73 Fiat 850 Spider, 1961–70 Austin-Healey Sprite SCM Investment Grade: D be found in driving a Midget on a twisty road where you can explore the car's limits at the same speed at which the stock broker in his leased BMW 3-Series is drinking his latte and texting someone while steering with his knees. Midgets are generally mechanically robust, espe- cially the pre-Triumph-engined cars. Lack of smoke, oil pressure around 60 psi, and no ominous noises usually means all is well. Cars with a crash first often suffer from a noisy first gear. Within reason, this is okay. Everything is cheap and straightforward, with an emphasis on cheap. Invariably, when you see Moss ads touting “fuel pumps from $39.95,” it's the Midget part they're referring to. The 155/80/13 tires are likewise the loss leaders in every weekend paper's tire ad. Like every other British car from the era, the Midget's semi-unit structure is rust-prone. Floors, trunk floors, fenders, fender wells, you name it, it'll rust. Western cars are almost always better in this regard. On chrome-bumper cars, the bonnet lid protrudes and has almost always been tapped. Look for excessive filler in the nose. On wire wheel cars, check to make sure the splines don't have play in them and that they are greased. The only thing more annoying than being passed by one's own wheel that has detached itself from an axle is not being able to get a frozen wheel off an ungreased spline when the tire has flattened in the middle of nowhere. As with nearly every affordable classic, paradoxically, the most affordable ones are always the most expensive examples of the marque. Even with parts prices as cheap as a Midget's, buying a cheap, bad Midget and restoring it is beyond folly; it's downright 20 Year Picture idiotic. Especially when there is a decent supply of good cars out there. Midgets, because of their size, were often bought by petite women who tended to take good care of them. There are still cars in the hands of long-term female owners. Look for a car that has always been properly cared for (i.e. hasn't been sitting in a yard and used as a rolling dog kennel), drive it, and fix the little things that will inevitably go wrong, but at small expense. Top dollar is around $4,500 for a rubber-bumper car and $6,000 for a chrome-bumper, round-arch car. Over the last five years, they have appreciated modestly, but still represent the absolute entry-level of traditional British sports cars, with the added benefit that it is virtually impossible to get much less than 30 mpg out of one and you can park it almost anywhere. If you can squeeze into a Midget, it can make an entertaining, cheap, and disposable urban car for those not willing to plunk down twenty grand for a Smart car. In fact, if you've been looking for an excuse to shed a few pounds, buying a Midget and slimming down until you fit into it could be just the ticket to fiscal and physical fitness. ♦ ROB SASS has been collecting and repairing affordable classics since he was 16. His latest “credit card car” is a 1976 912E. His work has appeared in the New York Times and on businessweek.com 1961–79 MG Midget $15,000 1966–70 Datsun 1600 1961–71 Austin-Healey Sprite $12,000 $9,000 $6,000 $3,000 1988 1993 1998 2003 Prices are for cars in excellent condition. This information is provided by Black Book and Cars of Particular Interest Collectible Vehicle Value Guide, www.blackbookusa.com. October 2007 35 2007

Page 34

Legal Files John Draneas Sell Now or Leave the Ferrari to the Kids? The IRS can't tax you after you're gone, so they tax you on the way out Of course, the state income tax is deductible on your federal return, but it is treated as an itemized deduction. After jumping through the hoops of the itemized deduction limitations and the alternative minimum tax, you might not really see much benefit at all. So let's say the average net state tax cost is 6%, or $58,500, making the total tax bill $331,500. That leaves John with $668,500 in his bank account. That calculation will surely sober you up (or drive you to drink), but will waiting make it better? Waiting to sell defers the tax for sure, but we don't know what the tax rate is going to be later. The current ultra-low capital gain rates are set to expire in 2011, and they may well go up then, especially depending upon which party controls the government after the next election. But collectibles are already taxed at 28%, so their rate might not change as much. 1966 365 Cal Spyder—the IRS wants its share L ast month, Publisher Martin made some insightful observations about the current state of the collector car market and how collectors should act in (September, “Time to Buy, Sell or Hold?” p. 10). I won't question Keith's views of the market, as I've developed great respect for them since he and I actually made money on Lucky, our 2-stroke Saab. But I will add that the many layers of taxation that affect this decision play a pretty big role in your final decision. Take John's Ferrari Let's take my friend John as an example. He acquired a wonderful 1966 Ferrari 365 California Spyder back in the '70s at the then market-correct price of $25,000. Today, let's call its market value $1 million, although he could probably get more for it given how values are skyrocketing. John has enjoyed the car for many years, but he doesn't drive it as often as he used to, and it's getting time to downsize his collection. Further, while he is fortunate not to need the money, he sees the future of the collector car market as uncertain. He wonders what would be the best investment decision here. That is, should he take the money and run? Hold the car and let his family inherit it? Give it away? Capital gains taxes If John sold the Spyder, his $975,000 profit would be taxed as a long term capital gain. That is a good deal, because capital gains are currently enjoying their lowest ever rates of tax. However, the rate is not the 15% most would expect it to be. That is the tax rate for capital gains with respect to stocks, real estate, and most everything else. But collector cars are treated as collectibles (along with art, jewelry, antiques, rugs, and other tangible personal property), and the tax rate is 28%, or $273,000 to the IRS. But the IRS is not the only tax collector with its hand out. Your state probably expects to receive a share of your profit as well, unless you live in one of the few states that do not have an income tax. The tax rates vary considerably from state to state, with an apparent low of 3% in Illinois and an apparent high of 9.3% in California. That adds another $29,250 to $90,675 to John's income tax bill. 36 Estate tax uncertainties The IRS can't tax you after you're gone, so they tax you on the way out. The estate tax applies to the full fair market value of everything you own at your death, less your debts. Under present law, most collectors are probably in the 46% bracket. That produces a federal estate tax of $460,000, but there are a lot of changes upcoming to keep in mind. Under present law, each of us is allowed a $2 million exemption against our estate tax, which increases to $3.5 million in 2009. In a political coup de grace, the estate tax is repealed altogether in 2010. But it returns in 2011 with a reduced exemption of $1 million and even higher tax rates. Very few estate tax professionals believe that the scheduled 2010 and 2011 events will really occur. However, Congress is not doing anything to change that. One reason is that we don't know which party will control the government after 2008, and both parties want to wait and see. Another is that both parties have learned that the need for change has triggered huge amounts of political contributions to both parties, and neither wants to stop that cash inflow any sooner than necessary. Nonetheless, the prevailing view among tax professionals is that we will see a law change in 2009, which will preserve the estate tax and establish exemptions in the $3m–$4 million range. Maybe. Once again, the states are looking for their share as well. Not all impose inheritance taxes, but about a third do, with typical rates in the 6%–8% range. Let's say that's 7%, or another $70,000, bringing the total estate tax bill to $530,000. Income tax connection The estate and income taxes are connected in a very important way. Once your col- lector car passes through your estate, your family inherits it with a new “stepped up” basis equal to its market value. That is, once the Ferrari is exposed to estate tax at its $1 million value, whether or not any tax is actually paid, the family gets a $1 million income tax basis and can sell it at that value without any income tax. But if the estate tax really does go away in 2010, so will the stepped-up basis rule, and John's family will inherit the Ferrari with the same $25,000 income tax basis. Comparison It is impossible to know what the law is going to end up being, so let's compare the overall income and estate tax results under current law. The alternatives are to sell the Spyder and let your family inherit the proceeds, or to hold the Spyder until your death and let your family sell it. Sell Now Sales Price Capital Gains Taxes (34%) Net Proceeds Less: Estate Tax on proceeds at death (53%) Net to Family $1,000,000 Value ($331,500) Less: Estate tax (53%) $668,500 Net Proceeds ($354,305) Capital Gains Taxes $314,195 Net to Family Hold Until Death $1,000,000 ($530,000) $470,000 -0- $470,000 Sports Car Market Sotheby's

Page 35

Give it to the kids Giving the car to his children probably doesn't work very well for John. The gift will use up $1 million of his exemption, so it's initially estate tax neutral. The benefit is that the future appreciation in the car accrues to the benefit of the children, and skips John's estate altogether. However, the price tag is that John's children take the Ferrari with his same $25,000 basis—it didn't go through his estate so it didn't get a stepped-up basis. Consequently, they assume the $331,500 current income tax burden, and John's estate tax exemption is partially wasted on the portion of the value that will ultimately go to the IRS in income tax. Give it to charity Giving the car to a charity could be an attractive option. For certain, the Ferrari will be removed from John's estate and reduce his estate tax bill by $530,000. In addition, John becomes entitled to an income tax deduction for the charitable gift, which can save him even more. The amount of the income tax deduction depends on what the charity does with the car. If the charity immediately sells the car, John's deduction is limited to his $25,000 basis. But if the charity uses the car in furtherance of its charitable purpose (say, it's a non-profit museum created by John or someone else and it puts the Ferrari in its permanent collection), John gets an income tax deduction for the full $1 million value of the Ferrari. That could be worth as much as $450,000, depending on one's individual circumstances and place of residence, although saving $450,000 of income tax could increase one's estate tax by $238,500. Some conclusions Avoiding capital gains tax by holding the Ferrari until death produces substantial savings under current law, but there are two very substantial risks here—not knowing what the tax law is going to be, and not knowing what the collector car market is going to do. The income tax rules are now probably as good as they are ever going to be. The estate tax rules either are, or soon will be, as good as they are ever going to get. The unpredictable factor is how long they will stay that way. If taxes play a big role in your decision, and the current rules work for you, the next couple of years would be a pretty good time to act. If holding the car until your death is the most appeal- ing option, bear in mind that if the income tax rules get tougher, you might end up in an irreversible long-term hold strategy. And remember that the collector car market has its cycles, and they can be fairly long ones. John's California Spyder has been a very strong financial performer, but it lost a lot of its value in the early 1990s, and it took nearly two decades to recover. Bottom line, if you've reached the point that you don't really use the car any more or you don't get the same enjoyment out of just owning it, it's probably a good time to let it move on. An adverse tax change can easily outweigh the last bit of market appreciation. JOHN DRANEAS is an attorney and car collector in Oregon. His comments are general in nature and no substitute for consultation with an attorney. He can be reached at legalfiles@sportscarmarket.com. October 2007 37

Page 36

Collecting Thoughts Morgan Three-Wheelers Why Like Trikes? Whether it's Anzani, Blackburne, Blumfield, MAG, or Matchless-powered, buyers are just happy to find one for sale by Norm Mort Mort's Morgan F2 A lmost 97 years ago, the Morgan Car Company balanced its reputation on three wheels. For 40 years, it built trikes that are still loved today by sporting enthusiasts, collectors, and—ec- centrics. In 1909, the British government announced it would tax road vehicles based on piston size and theoretical horsepower. H.F.S. Morgan saw a marketing opportunity, and two economical Morgan “trikes” were shown at the first Olympia International Motor Cycle show in London in 1910. Production began in 1911, with Morgan trikes pow- ered by a variety of 2-cylinder engines, both water- and air-cooled. Some were designed for economical motoring, but Morgan also built highly competitive sporting vehicles. By 1913, Morgan held the record for the flying kilometer and mile in the 750-cc class. In 1921, the Motor Taxation Act was rewritten to Morgan's benefit. Three-wheeled vehicles were to be taxed at a flat rate of $20 a year, like motorcycles, so long as they weighed less than 1,000 pounds and had no reverse gear. This was half the tax rate of a small light car, and when a London borough worker might make $4 a week, it gave Morgan quite an edge. 38 Morgan continued to reel off competition successes and established a reputation for fast and reliable three-wheelers. For example, in 1925, Morgan was the fastest un-supercharged car in the world under 1,500 cc, with a flying kilometer record of 104.6 mph. By 1933, it became evident that a 4-cylinder model would be required to compete with rivals like Raleigh, BSA, and Sandford. The new British Ford 8-hp engine (designed in the U.S., by the way) powered a new Morgan, which was unveiled at the Olympia Motor Show in November 1933. Known as the F4 (Ford engine, four-seater), this model would remain in production fundamentally unchanged until 1952. Changing V-twins for 4-cylinder Fords Late in 1935, the sportier two-seater F2 was introduced, powered by either the 8-hp Ford or the slightly more powerful 10-hp 4-cylinder engine. The F-type front end and Rubery Owen pressed-steel frame would become the basis of the new Morgan 4-4. In 1935, for the first time since 1910, there was no JAP-powered (for John Alfred Prestwich) Morgan. Frustrated by the fragility of the JAP engine when highly tuned, Morgan turned to Matchless V-twin engines in air-cooled or water-cooled guise. BroughSuperior motorcycles made the same decision. In 1936, the twin-cylinder Family economy models were phased out and Morgan concentrated on sports cars. Both the Matchless twin and F-type models were continually upgraded. The F2 was replaced by the F Super at the end of 1938, while the familysize four-seater continued to be referred to as the F4. Times were changing anyway and three-wheelers with their limitations (no room inside, no trunk, drop the top to get out) were relics of a past age. Even the new Fordpowered trike didn't help. Sales peaked at 659 cars in 1934, but dropped 50% to 286 units Sports Car Market

Page 37

the grid and three more on display. Beer calculates there are about 70 Morgan three- wheelers in North America. Not surprisingly, a numbers-matching car is more valuable, but with many Morgan trikes having been raced, that's most often not the case. Recently a clean Morgan Anzani-powered V-twin Aero model was offered for sale at around $40,000 in Britain, while a Matchless twin in need of TLC was priced at $30,000. In Britain, at Bonhams's July 2006 Goodwood auc- tion, a #3 Matchless SS sold for $31,935. In London in December 2005, Bonhams sold a 1938 Matchless “bitsa” in #2- condition for a remarkable $41,780. Beer figures his very fast vintage race-ready F2, which was built from an F4, would sell for $30,000. As far as maintenance is concerned, the Ford models 1935 F4 in 1935. In 1937, just 110 Morgan three-wheelers were built; 70 in 1938; 29 in 1939 and only ten from 1940–45. Last trike built in 1952 Following WWII, a handful of the V-twin models were built out of leftover spares and then shipped to Australia. The Ford-powered trikes soldiered on in an ever-declining market, finally fizzling out in 1952. Today, production information on any Morgan, including trikes, can be supplied simply by filling out a form found on the Morgan company web site. For a token fee you receive a certificate noting the correct model designation, production date, chassis and motor numbers, as well as the original colors and sales outlet. Anyone owning a Morgan trike would be foolish not to join the Morgan Three Wheeler Club (www.mtwc.co.uk), which remains a key source of information. As far as collecting is concerned, the V-twin-engined versions are the most desir- able. In part this is based on sheer numbers and availability, but the overall performance of the twins in trials, hillclimbs, and vintage racing make it the choice of the Morgan fraternity. Canadian Morgan Importer Martin Beer's family has been involved with Morgans for decades. He restores Morgans and owns an F2, as does his brother and partner Steve. Beer feels that although not all the V- twin engines are equally reliable or easy to maintain, those looking to buy usually don't care. “Whether it's Anzani-, Blackburne-, Blumfield-, MAG-, or Matchless-powered, or if it's water-cooled or air-cooled, they're just happy to find one for sale.” The Ford-powered F2 and slightly more plebian F4 are next in the pecking order, followed by the JAP Family models. The barrelback or cork-in-the-bottle styling may be preferred over the turtleback or aero, but it is not a deciding factor among enthusiasts. Super Sports most desirable Super Sports models cost more when new and that premium holds true today, as most trike enthusiasts are looking to compete in club and vintage racing events. Although only imported privately into North America, Morgan trikes are not overly difficult to find at events. At a vintage meet at Road America in 2004, there were nine on October 2007 1938 Matchless “bitsa” sold for $41,780 39 are the easiest, but even the V-twins aren't difficult with the motorcycle connection. Yet many V-twin Morgan owners tend to be very adaptive. One vintage racer I know fitted Kawasaki pistons after a minor mishap and was soon competing again. Beer noted that the watercooled engines are generally more reliable than the aircooled versions. There were 2-speed and 3-speed versions built. Beer knows of only a couple of 2-speeds in America with the shifter on the steering wheel. The 3-speed versions introduced in 1932 are preferred. The transmission can be expensive to repair, but parts are available, particularly for Ford models. He also noted that a common upgrade for safety rea- sons on all trikes is the fitting of hydraulic brakes like those offered by the factory in 1937. This is particularly common on trikes that are raced, for understandable reasons. As far as replicas such as the JZR and Lomax are concerned, these vehicles are Morgan-inspired, but not Morgans. Like Cobra, MG, and other kits, they serve a different market and are priced accordingly. ♦ NORM MORT is a regular writer for the Toronto Sun and columnist for Old Autos, and owns a 1935 Morgan F2 Super Sports.

Page 38

Last fall we asked SCMers to help get our 1968 Mercury Colony Park wagon back home to Portland from Illinois. Lots of you offered to help and we got it as far as Sioux Falls, South Dakota, before winter clamped down. SCMer Bruce Eide kindly put the wagon up for the winter, and we planned to bring it west this spring. While we got many requests for vintage wagon seat time, unfortunately they all seemed to come from east of the Mississippi, and even the most creative SCM staffer couldn't fi gure out how to draw a reasonably straight line from South Dakota to Portland that included Syracuse, New York, and similar geographic points. Summer waned, and we really wanted the car home, so when SCMer and long-time road-trip co-conspirator Doug Hartman offered to bring it home in a “straight shot,” the task became his. Thanks again to all of you eager volunteers; perhaps you can assuage your disappointment by reminding yourself of the key words, “What? No a/c?” Westward Ho Comes the Wagon It was 100 degrees when I ran into road construction. A wagon that can handle stop-and-go at 10,000 feet will go anywhere by Doug Hartman Class of '68, Hartman on far right I 40 was born in Miller, South Dakota, a farming community 70 miles east of the Missouri River. It is the source of my longest friendships, and the weekend before last July 4 (2007) was my 39th high school reunion. Coincidentally, Publisher Martin groused that Sioux Falls had swallowed his Wagon Ho project. Could I retrieve his 1968 Mercury Colony Park wagon? SCMer Bruce Eide emailed that the wagon would be waiting at National car rental at the airport. Nearby in Mitchell, my contact Shorty, of Shorty's Locker, reported that my SD-certifi ed steaks would be ready. I walked to the Sioux Falls Airport rental desk and requested a 1968 Mercury Colony Park station wagon. The agent raised his eybrows. I asked if he knew Bruce Eide? He did. Had they talked recently? No. Bruce answered his cell phone immediately and recited his commitment to have the car ready when I arrived. “I am at the airport now,” I interjected. After a long pause he noted that I was to arrive on the 28th… of July, not June, and this was a disaster. Bruce was on vacation but said he could be at the airport in an hour. My phone rang 45 minutes later; the wagon ran out of gas and he was walking to a gas station. Bruce arrived, and after quick pictures and apologies I was pointed at I-90. The wagon looked brand new as I headed for Mitchell and Shorty's 5:30 deadline. I made it at 5:20 and Shorty gave me a tour of the meat packing plant, fi ve minutes from the famous Corn Palace. Years before, that Byzantine-looking arena was home to my mother's 15 seconds of fame as she spun around the dance fl oor in the arms of Lawrence Welk. She made the front page of the local paper. I had another hour and a half home to Miller. The car showed a couple of quirks—a noticeable clunk when starting and it occasionally died at a stop. At fi rst I thought the clunk might be a brake pad or a sticking shoe. Maybe a U-joint? The prairies were lush after nearly a decade of drought, and after Mitchell, I slipped easily through vanishing small towns. I found the wagon cruised easily at 75–80 mph. The leg room was immense, the steering vague. Thankfully, there were few curves on the prairie. Gravel road lessons remembered My childhood friend Roger at the Gerdes Cow Camp had offered freezer space for my steaks, and I turned onto the gravel road a mile from his house. My driving education many years ago entailed driving big cars on gravel roads. How fast before it starts to drift? It's a skill that Sports Car Market Corn Palace, where Mom made the front page

Page 39

“83 mph? Honest, Offi cer, she'll only do 40 knots” has served me well. Rogers's wife Marcia greeted me, as Roger was out delivering some prize bulls. Five more miles and I was home. Friday morning I was referred to the Community Oil station, once adjacent to the blacksmith shop of my childhood. Tim serviced the wagon and 45 minutes and $36 later it had new oil, fi lter, lube job, aired tires and washed windows. The old oil was black as coal. Interested oldtimers mentioned an equally low mileage twin for sale nearby. Out of deference for my friendship with Publisher Martin, I passed. The weekend event for the Class of '68 was at the Gerdes Cow Camp, with a lot of reminiscing about the cars of our youth. The Mercury became a time machine and three days went by in a fl ash. I'd put a hundred miles on the car and it had gained my trust. Monday morning I headed west to Scenic, a trading post and mineral shop. This is on Highway 44, one of the most beautiful routes across the Badlands. The trading post survives on Indian jewelry and prehistoric fossils. John, a Lakota from Pine Ridge, greeted me with necklaces of .22-caliber magnum casings and beads strung on deer hide. The temperature hovered in the mid 90s and I looked forward to the Black Hills. The absence of a/c precipitated use of my air travel ear plugs, which muffl ed wind noise from the open windows. I wished for a temperature gauge, even though Tim had inspected and tightened the hoses. Blisteringly hot and construction Few tourist magnets rival Mt. Rushmore. This day was no exception, even as the outside temperature headed for 100. Crazy Horse still looked as unfi nished as it did in 1960. Heavy traffi c and hills slowed my way to Custer and Newcastle, Wyoming. At Newcastle, I continued across desolate high plains ticking off 70 miles between towns, past the largest coal mine in North America, by oil and gas wells. I fi lled the tank at every opportunity and spent my fi rst night in Casper, WY. Early next day I headed for the 9,658-foot Togwotee Pass pass above the Wind River, toward Jackson Hole and the Tetons into Idaho. It was blisteringly hot and October 2007 I ran into major road construction. If the wagon could handle stop-and-go in 100 degrees at 10,000 feet, it could go anywhere. I had lunch with fellow SCMer Mark Hassler in Jackson and pressed him for a picture in front of the Jackson Elk antler arch, but Detective Sergeant John intervened. Jackson proved to be a three-hour detour between lunch, tickets, and traffi c. July 3 is probably their busiest day of the year. Next stop was Idaho Falls, with the fi rst electricity-producing atomic power plant, and dinner at the Craters of the Moon. I debated using the radar detector, but didn't want to drag it out of my luggage. I stopped in Mountain Home, 40 miles east of Boise, fi nding a downtown motel next to a sportsman's bar. Up early for the last leg of the journey, I marveled at how easy this trip had been. I'd spent the previous week in my E320 Mercedes, which didn't provide many more creature comforts, outside of a/c. I had forgotten about the value of wing windows in hot weather. A good word for the OSP At the fi rst gas stop, I realized I was in Oregon. The pump refused my credit card; no pumping your own here. I once traversed this route in an Alfa Milano Verde at high speeds, but on that day, I was radar-equipped. I drove with similar intensity, hills rising and falling as I entered the Blue Mountains. My usual 75 to 80 became 80 to 90 and I was fl ying into a curve when I spotted a State Trooper parked in the ditch. He said I was doing 83 in a 65. I handed over glovebox papers, license, magazines, photocopied articles, and disjointed explanations. He noted the out-of-date insurance and went back to his cruiser. I couldn't miss a photo opportunity, but several pictures later he asked if I had pictures of him. “Might my picture be published in the magazine?” he asked. That would present a problem for his supervisors were he not wearing his hat. “Mr. Hartman, I am just giving you a warning today, and I expect a good word for the Oregon State Police,” he concluded. Cabbage Hill, above Pendleton, offers a dramatic introduction to eastern/central Oregon. From here the road becomes a long ribbon west to the Columbia Gorge. I pulled off at Boardman and immediately found myself in the lineup for the July 4th parade. The attendant informed me I had less than fi ve minutes to fi ll up or I'd join the parade. I fi lled. My fi nal stop, at Biggs Junction, landed me in Maryhill Park along with families gathering for July 4 picnics. Just up the road was a favorite winery and a great produce stand. Refreshed and with produce in hand, I entered one of the most gorgeous routes in North America and remembered my fi rst trip from South Dakota as if it were yesterday. Back then, I was on my way to a new adventure in a '55 Chevy station wagon, but that's another story. Suffi ce to say, the SCM Colony Park Wagon is now claiming its rightful (two) parking places in the basement of the magazine's world headquarters in the City of Roses. ♦ 41 Distinguished mugs

Page 40

Event Vanderbilt Concours Vanderbilt's Premier Concours The sponsoring Preservation Society of Newport County maintains 22 historic homes, three of which hosted concours events by Bill Scheffler; photos by Ann Sheffer Stately grounds well suited for the inaugural event T he inaugural William K. Vanderbilt, Jr. Concours d'Elegance, held in Newport, Rhode Island, July 27–29, will be remembered as worthy of its namesake. The weekend promised to be a “celebration of all things automotive,” including “legendary drivers, competition cars, and grand classics from all eras,” and it delivered. Named in honor of “Willie K” Vanderbilt, who famously championed early American motoring, and originated the 1904 Vanderbilt Cup Race in Garden City, Long Island, the concours was three shows in one. There were competition cars on the lawn of The Breakers, one of Newport's best-known summer cottages, classic cars on the lawn of Chateau-sur-Mer, and a “Car Corral” of local enthusiast and collector vehicles driven to The Elms at Newport. A dazzling depth of display The competition car display was headlined by the winning Gurney Eagle Formula One race car from Spa in 1967 and the winning Birdcage Maserati, s/n 2461, driven by Sir Stirling Moss and Dan Gurney at Nurburgring, which came from the Collier Collection. Add to this an additional seven cars from the Gurney collection, and you begin to get a sense of the depth of the exhibit. Representing the breadth of the dis- Details play were cars as varied as one of the only Bizzarini roadsters ever produced at the factory, a 1949 Allard J-2 prototype, a 1957 Chevrolet 210 2-door post La Carrera PanAmericana car, and a 1915 42 Plan ahead: Late July, 2008 Where: Newport, RI Cost: $25–$70 More: www.newportmansions.org Duesenberg Boardtrack Racer. The main show field was reserved for the classics, with entrants ranging from the Brass Era—a 1907 Panhard that took noisy and enthusiastic part in the Friday morning Tour d'Elegance, a 1908 ALCO and a 1907 Renault—through full classics like Clark Gable's modified 1934 Packard Speedster with coachwork by LeBaron, and the Best-of-Show-winning 1937 Bugatti Type 57C owned by SCMer Malcolm Pray. The Concours was, by any standard, an ambitious undertaking: a pre-Concours Tour from Portsmouth to the show field, two and a half days of vehicle display, two celebratory dinners, and serious judging on the field. The sponsor and beneficiary was the august Preservation Society of Newport County, one of Rhode Island's largest employers and the guardian of eleven historic sites containing 22 historic homes, three of which hosted concours events, and two of which, The Breakers and Marble House, hosted the dinners. Attention to detail impressive Their attention to detail was impressive. A pro- gram supplement corrected a minor misspelling of one exhibitor's name, and their infrastructure of historic venues, a deep volunteer base, and considerable experi- Sports Car Market

Page 41

Awards to Sir Stirling Moss and Dan Gurney. Moss and Gurney exchanged comments both complimentary and competitive, and Gurney became visibly emotional at the presentation of his award. If there are quibbles about this show, they revolve around the judging, the profusion of venues, and the field-covering tents. The judging appeared less organized than the balance of the event—there was no schedule, and judges and exhibitors rarely found themselves at a judged vehicle at the same time. The two main show fields were located about a ten-minute walk from each other and, while there were shuttles, many opted to walk, and found the going tough in the August-like humidity. Finally, the Preservation Society elected to cover each primary show field with a tent, with lighting that made photography almost impossible. A solution for next year might be to aim lights at the ceiling of the tent. The tent also diminished the open-field feeling customary at a concours of this level, but did provide overnight protection and security for the vehicles. But these nits couldn't dim the overall experience. The first annual William K. Birdcage was a big draw in the tent ence in producing large events gave them a leg up on other inaugural ventures. The Friday night dinner was held at The Breakers and designed to be a vehicle for the presentation of the first annual William K. Vanderbilt, Jr. Lifetime Achievement SCMers at the Vandy Tony Angotti—Westport, CT 1954 Porsche 356 Pre-A Speedster, 3rd in Class Robert Bahre—Alton, NH 1934 Packard 1106 LeBaron Runabout Speedster, 2nd in Class; Vanderbilt Whit Ball—Exton, PA 1925 Bentley 3-Liter Andy Boone—Dallas, TX 1968 McLaren Eagle M6B, 1st in Class 1970 AAR Plymouth 'Cuda, Vanderbilt Stephen Brauer—St. Louis, MO 1932 Rolls-Royce Phantom II Henley, Vanderbilt Peter Braun—Norwalk, CT 1963 Austin-Healey BJ7 3000 Mk II, 1st in Class; Vanderbilt Marc Cendron—Newburyport, MA 1969 Maserati Ghibli SS, 3rd in Class Luigi Chinett, Jr—Stuart, FL 1956 Bardahl Ferrari Indy Car Thomas R. Coady, Jr.—Paxton, IL 1953 Cunningham C-3, 2nd in Class Oliver Collins—Toronto, CA 1948 Alfa Romeo 6C 2500 SS, 2nd in Class; Vanderbilt Alex Dearborn—Topsfield, MA 1960 Mercedes-Benz 220SE Convertible Matthew DeGarmo—Norwalk, CT 1954 Bentley Continental Fastback, 3rd in Class Vin Di Bona—Hollywood, CA 1956 Continental Mk II 1956 Ford Thunderbird Convertible, Vanderbilt William T. DiCiurcio—Mt. Laurel, NJ 1956 Packard Caribbean Joe Dockery—Cos Cob, CT 1965 Shelby GT350 R, 1st in Class; Vanderbilt Walter Eisenstark—Yorktown Heights, NY 1955 Siata 208S Spider, 1st in Class October 2007 Gene Epstein—Wrightstown, PA 1950 Rolls-Royce Silver Wraith Roadster, 1st in Class Howard Fafard—Framingham, MA 1930 Duesenberg Model J, 2nd in Class 1927 Isotta Fraschini Type 8A-SS Phaeton, 2nd in Class Gary J. Ford—Pipersville, PA 1958 OSCA S187 Roadster, 2nd in Class Stuart Forer—Warwick , RI 1951 Jaguar XK 120 Bob Gett—Boston, MA 1966 Alfa Romeo GTA Autodelta, 1st in Class 1967 Lamborghini 400 GT 2+2 Dan Ghose—Norfolk, VA 1937 Aston Martin Speed Model, Vanderbilt 1913 Fiat Tipo 55 Speedster Thomas Goddard—Newport, RI 1949 Hillegass Spring Jim Grundy—Horsham, PA 1912 National Race Car 1913 National Semi-Racing Roadster Lawrence Hardy—Dayton, OH 1908 Buick 14B Runabout Weston Hook—La Jolla, CA 1954 Mercedes-Benz 300SL Coupe, 1st in Class Donald Koleman—Portsmouth, NH 1932 Bugatti Type 51/51A Grand Prix, 1st in Class 1925 Rolls-Royce Picadilly Silver Ghost, 3rd in Class Gerald Lettieri—Rocky Hill, CT 1949 Allard J2 Prototype David Letterman—New York, NY 1965 Ferrari Superfast, 2nd in Class Richard Lisman—New York, NY 1936 Lagonda Rapide LG45 Tom Malloy—Villa Park, CA 1975 AAR Gurney Eagle 755, 2nd in Class 1967 Ford GT 40 1991 AAR Toyota Eagle Mk III, 3rd in Class 1953 Kurtis Kraft 500S Roadster Michael Memi—Narragansett, RI 1952 Daimler DB 18 Convertible, 3rd in Class James W. Millegan—Lake Oswego, OR 1938 Rolls-Royce Phantom III, 2nd in Class Carl Moore—Malibu, CA 1959 Maserati Birdcage, 1st in Class; Founder's Award Richard Myers—Voorhees, NJ 1955 Jaguar XK 140MC DHC, Vanderbilt Malcolm S. Pray, Jr.—Greenwich, CT 1937 Bugatti Type 57C, 1st in Class; Best in Show 1939 Delahaye 135M Roadster Jerry Robinson—Mt. Kisco, NY 1951 Jaguar Mk V DHC, 1st in Class John Robert Romano—Duxbury, MA 1955 Aston Martin DB3S, 1st in Class; Vanderbilt Don Rose—Salem, MA 1960 Aston Martin DB4, 3rd in Class; Vanderbilt Christopher Sanger—New York City, NY 1936 Bentley 4 1/4 Vanden Plas Sport Coupe, 1st in Class Bill Scheffler—Westport, CT 1935 Auburn 851 Phaeton Convertible Louis Sellye, Jr.—Reno, NV 1966 Gurney Eagle Formula One Frank Spellman—Chevy Chase, MD 1963 Mercedes-Benz 300SL Roadster, 2nd in Class Joshua Teverow—Providence, RI 1961 Ferrari 250 GT PF Cabriolet, Vanderbilt Jack Thomas—St. Louis, MO 1955 Ferrari 375 America Coupe Special, 1st in Class Stan Zagorski—Mt. Tremper, NY 1956 Ferrari 500 TR, Vanderbilt John Zambetti—Malibu, CA 1956 Ferrari 250 GT Boano, 3rd in Class 43 Vanderbilt, Jr. Concours d'Elegance has to be considered a success, and is on its way to becoming a major player in the world of American concours. ♦ BILL SCHEFFLER is a collector and enthusiast who co-founded the Fairfield County Gold Coast Concours d'Elegance in 2004. It was held this year on September 16 at the Fairfield County Hunt Club in Westport, CT.

Page 42

Ferrari Profile 1985 Ferrari 288 GTO It's no surprise to me that this GTO brought $594,000. Parts of the Ferrari market are red-hot, and the 288 is a prime target by Steve Ahlgrim Details Years produced: 1984–85 Number produced: 272 Original list price: $83,000, though most sold for much more SCM Valuation: $500,000–$550,000 Tune-up cost: $3,500 Distributor cap: $450 Chassis #: Rear right corner of frame Engine #: Top of block toward the front Club: Ferrari Club of America P.O. Box 720597, Atlanta, GA 30358 More: www.FerrariClubofAmerica.org Alternatives: 1987–88 Porsche 959, 1984–86 Ford RS200, 1988–91 Ferrari F40 SCM Investment Grade: B Comps Chassis number: 57701 W hen the new FIA Group B Race and Rally regulations were introduced in 1984, Ferrari endeavored to create a model that would hark back to the glory days of the 1962–64 250 GT models. The 400-horsepower, twin-turbo 288 GTO of 1985 was the result. It benefited from the intensive race and rally experience the Michelotto Company had gained from their successful and active campaign of the Ferrari 308 models. To fulfill Group B regulations, 200 examples were required to be built; however, the popularity of the new model necessitated the construction of another 72 cars. Accordingly, the 288 GTO models found new homes as rapidly as they circled any track. The 288 GTO's wheelbase was 100 mm more than that of the 308/328 series. The bodywork was made in GRP and carbon-compound material with aluminum doors, boot, and bonnet, and featured flared wheelarches to accommodate the eight-inch wide front wheels and ten-inch wide rear wheels. The rear wheelarches had three slots behind the wheel, a small tribute to the slots found on the original 250 GTOs. At the front, four driving lights were set in the radiator intake and were complemented by a deep chin spoiler. Although spartan, the interior was fully trimmed. Air conditioning and electric windows were the only options available on the car. Following the theory used in the 308 GT/M's engine placement, the new V8 engine, Tipo F114B, was mounted longitudinally instead of transversely. This 400-horsepower engine featured four valves per cylinder and twin IHI turbochargers plus twin Behr air-to-air intercoolers as well as a Weber-Marelli electronic injection and ignition system. All cars were 44 delivered in left-hand-drive configuration and came finished in one classic color combination—Rosso Corsa with black interior. The example offered here was delivered new in Canada to the Ferrari dealer in Toronto for his personal collection. The car remained in his personal collection until his death in 1994 and with his estate ever since. Today, as a result of fastidious care, this remark- able 288 GTO may be the lowest mileage and highest quality example remaining, with just 1,231 kilometers since new. This car has both factory air conditioning and power windows. Finished in Rosso Corsa, as expected, 57701 fea- tures a black leather interior with red cloth inserts, and a black dash. In addition, a full set of tools and all factory manuals are included, in new condition. The car has been serviced recently by a marque specialist, including fuel system, ignition, and brake services, and replacement of all fluids. A full belt service was performed, all service schedules are up to date, and the car is understood to be in top condition. The 288 GTO was the first modern Ferrari su- percar, and collectors are finally recognizing the exceptional value they represent in the market today. The example offered here must certainly be one of the very finest remaining, and worthy of the most demanding collection. SCM Analysis This car sold for $594,000 at RM's Maranello, Italy, auction on May 20, 2007. If you were over twelve in 1984, you've probably Sports Car Market 1984 Ferrari GTO Lot# 206, s/n 52741 Condition: 1Sold at $317,903 Bonhams, Gstaad, CHE, 12/17/2005 SCM# 40214 1984 Ferrari GTO Lot# 226, s/n 53303 Condition: 1Sold at $295,983 Bonhams, Gstaad, CHE, 12/17/2005 SCM# 40215 1985 Ferrari GTO Lot# 260, s/n 53769 Condition: 2Sold at $274,748 Bonhams, Gstaad, CHE, 12/19/2003 SCM# 31748 Photos: RM Auctions

Page 43

It was the supercar of its time, and a Road & Track test found it took just 5.0 seconds to get to 60 mph, faster than a heavily modified Ruf Porsche. The quarter mile results were the same. Of course, today the GTO would be severely trounced by any of the new Ferrari models and embarrassed by the likes of a four-passenger Bentley GT, or even the 4-cylinder Lotus Exige. It was no surprise to me this GTO brought $594,000. lusted after a Ferrari 288 GTO. They were the fastest, most beautiful and baddest ride you could buy at the time and they still are a standout in the exotic car world. You probably already know the story of the 288 GTO and its origin as a homologation special designed for Ferrari's entry into Group B competition. You also probably know that the series was abruptly canceled after the deaths of several competitors and spectators. What you may not realize is that first-glance appearance to the contrary, the 288 is not just a warmed-over 308, and you probably aren't aware of the important part the 288 GTO played in Ferrari's history. The early 1980s was a low point in Ferrari history. Ferrari's U.S. offerings consisted of the underpowered 308 GTBi and 308 GTSi models and their underwhelming fourseater sibling, the Mondial 8. Jimmy Carter's economic follies had temporally raised interest rates so high that even if you wanted to buy a new Ferrari, it was crazy to borrow money to buy one and even crazier to take money out of the bank to buy one. In Europe, the Boxer was over half a decade old and Seat Time the 400 series was only a small step evolved from its 1972 origins. There wasn't any excitement in the brand and the dealers were suffering. The 1983 introduction of the 308 Quattrovalvole added some sizzle to the steak, but Ferrari needed more than a couple of extra valves to put itself back on magazine covers and dorm room walls. The 288 was front page news In Europe, some of the savviest automobile manufac- tures had discovered a way to get more free press than they could have dreamed of. The World Rally Championship, an always-popular European series, was notching up the excitement with the creation of the Group B class. The manufacturers found the mere announcement of their intention to build a Group B car would guarantee press coverage, and the introduction of an actual car would often get them a cover story. Ferrari's decision to build a supercar for Group B racing was front-page news, and when the actual car came out, the magazines couldn't say enough about it. The 288 drew people to Ferrari showrooms like nothing before it. The excitement was back and so was Ferrari. The 288 is often blown off as a 308 on steroids, but its silhouette is where any real comparison stops. The chassis, body, suspension, gearbox, and brakes are all unique parts. Windows, interior, wheels and as much as 90% of the car is made from parts that fit no car before or since. Parts for the 288 are not just unique, they are premium. Since the 288 was designed for competition, its assemblies are lighter and stronger than Ferrari's normal street car parts. Despite the high performance nature of the car, it has proven itself to be extremely well engineered and reliable. October 2007 DW, via email: The GTO is really very useable. I just did a 1,000-mile road trip with a friend in another car, mostly in great weather, but we did have some rain. It's docile to drive around town, and the clutch is great. It's plenty exciting in performance—the on/off nature of the way the boost comes in is pretty hilari- ous. I'd describe it as 308, 308, 308, oh my god. 3,500 rpm comes up and suddenly by 4,000 you've got full boost. Give it full gas in second or third and you'd better have the wheel straight, because when the wheel spin hits you are going to be pointing a different direction. It's a very satisfying car to drive on back roads. One can leave it in third and have a cracking time. The handling is pretty benign if you're careful about the boost. It is possible to learn to meter it out as it comes on, but it pays (especially given its value!) to be careful. A few drawbacks come to mind: You're not going to fit if you're big. I'm 5'7” and I fit OK, but I have a friend who's 6'5” (very tall, admittedly) and he can only get in if he points his face at his lap. In common with 308/328 of the period, the windshield defogger is useless. On my road trip, the car was parked outside in the Berkshires and thus had a nice coating of condensation in the morning. The only way to get rid of this is a cloth. For me, the 288 is a thing of beauty. It's a true classic and one of Ferrari's supercars. No one on the road really knows what it is, so relatively speaking, you don't attract too much attention. Not so with an F40, F50, or Enzo. I'm personally surprised they took so long to be worth more than F40s, especially since they only made 272 (273 including the yellow prototype sold at RM) versus 1,300 odd F40s. AND it has electric windows and a/c, which is just about acceptable for a trip. Without traction control, ABS, or power steering, it is a real occasion to drive—just you and the car. I love my modern F-cars (having just got a 599), but the GTO is truly a special car to own. 45 There are puddles of red-hot activity in the Ferrari market, and the 288 is a prime target to throw money at. If people buy what they lusted after when they were young, then the 288 is the right age to attract some strong demographics. Rarity in itself does not make value, but when a car is rare, significant, and desirable, then market value has to follow. Neither performance nor beauty by themselves make a car important, but as a combination they are hard to beat. Fast, beautiful, historically significant, and at 272 units, the smallest production of any contemporary street Ferrari, the only important criterion missing from the 288's pedigree is a narrowly missed competition history. The 288 GTO is the price leader in 8-cylinder Ferrari street cars, and the only way prices are going is up. ♦ STEVE AHLGRIM of Atlanta, GA, has been actively involved in the Ferrari business since 1978. (Introductory description courtesy of RM.)

Page 44

Sheehan Speaks Michael Sheehan Banking on Ferraris From $17 million in 1990, 330 GTO s/n 4561would have to sell for $47 million today just to keep pace with the cost of money 365 GTB/4 Daytona, s/n 14265: Still half price from 1989 O ne doesn't have to be Fed czar Ben Bernanke's tennis partner to know the world's economic markets are volatile, but how does that relate to the present and future Ferrari market? As aspiring Ferrari-socio-economists, we always look at the past to gaze into the future. Let's begin with the first fuel crisis of late 1973. As a gallon of gas went from $.33 to $1, exotic cars went from being desirable to just “Who cares?” stupid. Near-new Daytonas, Dinos, and Miuras cluttered Southern California used car lots with Daytonas priced at $15,000 and Dinos at half that. But all cycles end; consumers grew comfortable with $1 gas, and from 1975–79, America's economy and real estate markets boomed and inflation soared. The Ferrari market rallied and in only five years, from 1975 to 1979, that $15,000 Daytona became a $75,000 Daytona, a 400% run-up. In August 1979, party-crasher Paul Volcker became the Fed Chairman, cranking interest rates to 21%, killing inflation, the economy, the real estate market, and the Ferrari market. When Volcker eased interest rates in the early/mid 1980s, the $15,000 Daytona of 1975 that had become the $75,000 Daytona of 1979 was now the $50,000 Daytona of 1985. But as interest rates dropped, money markets stabilized, liquidity returned, the economy again took off in 1985, and Baby Boomers celebrated their big “Four-O” with a buying binge. When the Japanese came to the party in 1986—with all their money extracted from their inflated real estate values—Ferrari prices spiraled upward. By the end of 1989, a nice Daytona had reached $500,000, a run-up approaching 1,000% over five years. What went wrong? The 1985–89 boom was built on what was, in hind- sight, faulty economics. The Bank of Japan's interest rates were at a ridiculously low 2%–3% and massive 330 GTO, s/n 4561: From $17m to $3m and now back to $12m liquidity flooded the Japanese market. If a Japanese had a pulse and a piece of property, he could borrow staggering amounts of money, with the Japanese banks offering an unbelievable 115% financing against the appraised value of real estate. As the yen strengthened from about 300 to the dollar in 1985 to about 150 to the dollar by 1989, anything outside Japan was half-price. Because of this perceived wealth, the Japanese became major players in high-end markets they knew nothing about, including real estate (Japanese investors purchased Pebble Beach and the Rockefeller Center) and exotic cars. Back in the U.S., on what is now known as Black Monday, October 19, 1987, the Dow started down and by the end of October had lost 22% of its value, following the lead of the Hong Kong exchange, which fell 45%, Australia, which fell 41%, the United Kingdom, which fell 26%, and Canada, which also fell 22%. While most people would guess the Ferrari market would be hard hit by the dip in the Dow, the opposite happened. Investors transferred money from the stock market into collectibles such as art, real estate, and autos, and so the Ferrari market kept climbing through late 1987 and 1988 to the end of 1989. As other stock markets headed down, the Japanese Nikkei index kept rising through 1988 and 1989, reaching a peak of 38,915.87 on December 29, 1989. While Americans and Europeans had started to pull back from the Ferrari market, the Japanese were very aggressive buyers, driving the market upward. The crash of the Nikkei index over the next 18 months, coupled with the following implosion of the Japanese real estate market, brought everything to a halt by 1992. How high was high? In 1989, my company, European Auto Sales, sold 275 GTB/4 s/n 10371 to Yoshi- kuni Okamoto for $965,000 and GTB/4 s/n 10565 to Hajime Tanaka for $1 million. In the same period, we sold 288 GTOs s/n 56777 and s/n 57693 to Kazahiko Kura for $875,000 each. We also sold 365 GTB/4 s/n 14265 to Kimio Yokoyama for $446,250. Both 275 GTB/4s found their way back to the U.S. in the mid-1990s for about $250,000 each, and 288 GTO S/N 57693 came back in 1997, with a price tag of $275,000. We re-imported 365 GTB/4 s/n 14265 in 2006 for $235,000. Today the 275 GTB/4s would bring about $850,000, the 288 GTOs would bring about $575,000, and the 365 GTB/4 would bring about $300,000, all below their 1989 highs, and absolute bargains when compared to the parallel run up in real estate or stocks from 1989 to today. An even wilder example of Japanese market excess is 330 GTO s/n 4561, a special 4.0-liter GTO built to the order of Michel Paul-Cavallier. At the peak of Japanese 46 Sports Car Market

Page 45

madness in January 1990, Bert Steiger, a Swiss collector, purchased 330 GTO s/n 4561 for $17 million and sold it to Mitsubishi Bank, which had jumped into the exotic car market. Mitsubishi bank backed out, Steiger was stuck, and when everything collapsed, s/n 4561 was finally sold to another Swiss, and SCMer, for 5 million Swiss francs, or about $3.2 million. Because this 330 GTO has no race history, it would probably bring about $12 million today, well below the $17 million of 1990. Where do we go from here? The Ferrari market has been in a slow but steady climb from 1995 to today, and 250 GTO and other supercar prices are now back at 1989 levels of $12m–$15 million and beyond. Production Ferraris, such as a 288 GTO at $575,000, a Daytona at $300,000, and a 275 GTB/4 at $850,000, are still below their 1989 highs and are cheap thrills compared to today's increases in real estate prices, art prices, or the stock market. In 1989, the Dow hovered around 2,000; today it's about 13,000. Industrial buildings in my area were $100 a square foot in 1989, yet are well over $200 a square foot today. Simply put, the more collectible street Ferraris are still underpriced. As for the inflationary-monetary “value” of 330 GTO s/n 4561 today, to have kept pace with the cost of money, from 1990's sale of $17 million, at a compounding cost of money at, as an example, 7 % (which causes your amount to double every ten years) 330 GTO s/n 4561 would have to sell for about $47 million today simply to keep pace with the cost of money. The Ferrari market's growth over the last ten years has been orderly and predict- able, and while the Japanese have long since left the party, a whole new group of buyers from China, Russia, Southeast Asia, and the Middle East are becoming market-makers, and they will buy more as the planet's supply of multi-millionaires and billionaires grows. Unlike any other manufacturer, Ferrari has had a proven record of almost 60 years of international racing success with wins and Championships in Formula One, GT racing and Sports Prototypes, all the while building the ultimate transportation for those both sporting and wealthy. Classic and collectible Ferraris offer an inherent value based on the same essential economic fundamentals that have governed market values from the dawn of civilization—decades of championship wins, decades of celebrity ownership, famous coachbuilders, leading-edge technological sophistication, and international recognition as the automotive icon of the 20th century. I've said it before, but here is my philosophy again when it comes to exotic cars: Life is short, live your dreams, buy the Ferrari you always wanted, and if it goes up in value, even better. ♦ MIKE SHEEHAN has been a Ferrari broker and race driver for 30 years. He has raced in the Mazda Pro Series as well as IMSA GTO and IMSA Camel Lite, with three drives in the 24 Hours of Daytona. 288 GTO rollercoaster—$85k new, $875k in 1989, $275k in the mid 1990s, and $575k today October 2007 47

Page 46

English Profile 1937 Jaguar SS 100 2 1/2-Liter Roadster Once favored by impecunious young Spitfire pilots and cads about town, the SS 100 is now a blue chip collectible with price to match by Simon Kidston Details Years produced: 1936–40 (3 ½-Liter engine option from 1938 onward) Number produced: 198 (2 ½-Liter), 116 (3 ½-Liter), almost all factory-bodied roadsters and one coupe Original list price: £395 ($1,975 for 2½Liter), £445 ($2,225 for 3 ½-Liter) SCM Valuation: $150,000–$200,000 Tune-up cost: No fixed price, but allow $600–$700 for a simple service Distributor cap: Welcome to the law of supply and demand, but assume $100 Chassis #: Right side chassis rail, 9-inches behind leaf spring mount, in line with starter motor Engine #: Top rear right side of block (on raised boss for 3 ½-Liters) Alternatives: 1934–36 Bentley 3 ½-Liter Vanden Plas open tourer, 1936–40 BMW 328 roadster, 1948–49 Jaguar XK 120 Alloy roadster SCM investment guide: B Comps Chassis number: 18054 F ounded in Blackpool by William Walmsley, the Swallow Sidecar & Coachbuilding Company branched out into motor manufacture in 1926, its first major success being an attractive sports saloon on the Austin Seven chassis. The design was the work of Walmsley's partner, William Lyons. Ten years later, in 1936, the SS 100 Jaguar sports car was launched and marked the company's first use of the “Jaguar” name. Around 190 2 1/2-Liter and 118 of the 3 1/2-Liter cars had been made by the time SS 100 production ceased at the outbreak of war. A superb and fully restored 2 1/2-Liter example, chassis number 18054 is listed in the SS 100 Registry and known to the Classic Jaguar Association. Its history file is truly extensive and includes period pictures, correspondence between various owners, renovation photographs, original buff logbook, numerous bills, expired MoT safety inspections, etc. The original owner was Colonel Gray-Cheape in the U.K. The car acquired its special bronze-coated cylinder head early in its life. Factory records indicate that only eleven cars had these special heads and were primarily for competition use. The car contested many rallies in 1938–39, driven by Mr. John Barlass, before being stored during the war years. Purchased by a Mr. R. Swarbrick in 1946, it was taken on numerous continental holidays during his ownership, including a trip to Le Mans, where it was timed at 98 mph on the Mulsanne Straight. The history file contains some splendid photographs of these various trips including pictures taken on Alpine passes in Switzerland. The car was next sold in 1951 to Performance Cars (a dealer) and subsequently appeared in 1955 in Motorsport magazine (a copy of the advertisement 48 is enclosed with the history file). The car then passed to a Mr. A. Lawrence in Portsmouth. He sold the car in 1960 to a Mr. M. Beard in Buckinghamshire. In 1961, the car passed to Capt. Hunter Moore Alverston, stationed at the U.S. air base in Denham, who exported it from Dover to Ostend (the original ferry invoice is with the history). The Jaguar was driven to Marseilles and then two years later taken to Turkey, where it was temporarily impounded by the Turkish Government. It went to the U.S. via San Francisco in June 1968. The car spent the next 17 years in the U.S. in Captain Alverston's ownership (there are many bills dating from this period) and in 1988 was bought from U.S. dealer Terry Larson by Bob Heppel, who brought it back to the U.K. Its new owner then commissioned a meticulous restoration (Jack Buckley/Fullbridge Restoration Company), changing the color back to the original metallic grey. Accompanying photographs clearly show every detail both before and after restoration. The quality of the work is quite superb and the car has recently been serviced by Davenports. Representing a rare opportunity to acquire a fine example of the model that can be said to have started the Jaguar legend, the car presented here possesses one of the most comprehensive history files imaginable as well as undisputed provenance. SCM Analysis This car sold for $399,000 at Bonhams's Goodwood Festival of Speed sale on June 22, 2007. What became the Jaguar marque can be said to have come of age with the SS 100 series of sports 1938 Jaguar SS 100 Lot# 244, s/n 39002 Condition: 1 Sold at $296,228 Bonhams, Chichester, UK, 9/1/2006 SCM# 43023 1937 Jaguar SS 100 Lot# 65, s/n 18054 Condition: 1Sold at $243,165 H&H Auctions, Cheltenham, UK, 2/21/2006 SCM# 41316 1937 Jaguar SS 100 Lot# 424, s/n 18106 Condition: 2+ Sold at $153,405 Coys, Monaco, MCO, 5/15/2004 SCM# 34160 Sports Car Market Photos: Bonhams

Page 47

cars (the “SS” initials were dropped after WWII for obvious reasons). Inspired by the swooping lines of the Alfa Romeo 6C 1750 Zagato roadster, company boss and stylist William Lyons created a car that combined grace and pace (the “space” came later) with a £395 price tag ($1,975), which put the SS 100 within the reach of mere mortals. If recent generations of Jaguars have conjured up solid British middle class images of gin and tonic and golf clubs, the genesis of the Jaguar legend comes from the SS 100, which for many Brits of a certain age brings to mind Spitfire pilots turning up for action at the wheel with a black Labrador or giggly girlfriend in the passenger seat (or both). Competition success adds credibility Of course, even back then there was nothing new about car manufacturers using rakish styling to sell midmarket chassis (Figoni & Falaschi-bodied cars were nicknamed “Phoney and Flashy” in Britain, whilst Lagonda's extrovert LG45 Rapide gained the “Promenade Percy” sobriquet), but the SS 100 backed up the looks with competition success, which today gives it added credibility. Results included victory in the 1936 International Alpine Trial followed by class wins in the RAC events of 1937 and 1938, and the Alpine (outright) again in 1948. The demand among collectors for SS 100s is generally consistent, and values, in line with the overall market, are moving perceptibly upward. Although converting European prices into dollars will give a skewed result due to the current record weakness of the dollar, for much of the past 20 years, a 2 1/2-Liter SS 100 typically commanded £75,000–£100,000 ($150,000–$200,000) and a 3 1/2- Liter £100,000–£125,000 ($200,000–250,000). Today, as can be seen from this Bonhams result, prices have strengthened, although I would emphasize that not all 2 1/2-Liters will match the Goodwood price. Why? Well, for starters, this same SS 100 was sold at an H&H auction just over a year earlier for $243,165 ($50,000 above the then-estimate), without any major work subsequently done to it by the buyer (a U.K. dealer) before Goodwood. Whether you put that down to luck, marketing, or (partly) inflation, it confirms that prices can vary significantly from one sale to another, even for the very same car. Consider also that Bonhams sold a tarty red 3 1/2-Liter SS 100 from the Rosso Bianco collection at their Goodwood Revival sale last year for $296,228 ($67,628 above top estimate), and you see what I mean. In the case of “DUV 71,” the price was determined by a variety of factors: First, this is a matching-numbers, original-bodied car. It's surprising how many SS Seat Time Archie Urciuoli, Casey Key, FL: Introduced over 70 years ago, the SS 100 was as stunningly beautiful then as it is today. I owned a 1938 SS 100 3 1/2-liter from the mid-1990s until 2005. Mine was metallic gray, with black leather seats. In their day (1936–1939), these were successful race cars, but I used mine strictly as a road car. While I generally prefer cars from the late '40s to early '70s, I just could not resist the classic styling of the SS 100, with its big iconic headlamps, long hood, folding windscreen, swooping fenders, and large spoked wheels. The car is a tight fit by modern standards, and you sit well up in the cockpit, rather close to the big steering wheel. Since they are all right-hand drive, you shift left-handed. The straight-6 engine emits that wonderful characteristic Jaguar “rorty” sound that carried over to the XK 120, and pulls strongly to cruising speed, easily reaching above 85 mph. (It will supposedly do over 100, hence the name, but I never got mine there). The ride is “firm,” as they say, and the handling at speed requires your attention. October 2007 49 100s lost their original motors, many receiving XK 120 blocks later in life. The same goes for front fenders, often replaced. Secondly, the car had a well-documented history with some colorful-sounding characters and places—names like Colonel Gray-Cheape and USAF Captain Hunter Moore Alverston make for a better story than, say, a Birmingham accountant followed by a Warren Street used car dealer. Intrepid exploits and documents Equally, the thought of this SS 100 rallying in pre-war Britain, visiting Le Mans in the 1940s, touring Alpine passes down to Marseilles, and then being impounded in Turkey brings to mind rather more intrepid exploits than a cruise down the local high street. Thirdly, the car came with meticulous documentation, something to which European buyers attach great importance; no less than three bulging lever arch files invited prospective bidders to share the car's story. Finally, “DUV 71” was well presented, correct in all respects following restora- tion by the best firms (such as Fullbridge Engineering), with no obvious needs, and liveried in what many will consider the best color combination. My former colleague Tim Schofield, now head of Bonhams's car department, described it as “a high 80s/ 90% car that attracted plenty of pre-sale interest and at least five serious bidders in the tent before being hammered down to a U.K. collector.” Taking also into account its wide eligibility, good looks, robustness and usability, I'd say that although the price was 25% above the bottom estimate, time will prove this car's new owner to be right. ♦ SIMON KIDSTON served for a decade as head of Bonhams Europe and is now president of Kidston SA (www.kidston.com), a financial services consultancy specializing in managing high-end auto collections. (Introductory description courtesy of Bonhams.)

Page 48

English Patient Gary Anderson Traveling Healey-Hopefully Constant attention is part of the experience of English cars. When you arrive at your destination, you have achieved something by Gary Anderson firmed there was no fuel flow. An old membrane and hot weather had caused the points in the pump to hang up. So when we got to Richland in Eastern Washington, (which required one more judicious off-on of the key to goose the fuel pump back to life), I ordered a new electronic SU pump from Moss, had it overnighted, and installed it before we drove home; I readjusted the old pump to carry as a back-up. Constant attention is part of the experience of English cars. When you arrive somewhere, you have achieved something. Company welcome and possibly vital The only other repair involved rebuilding my electronic distributor on the sidewalk outside our hotel after I had crossed the wires and fried it. Luckily, I carried a spare with points and condenser—always a good idea if the component is small, cheap and critical. The excuse for the trip was a Healey meet in Eastern Washington. A buddy was plan- ning to drive up with his teenage daughter and was looking for one or two other Healeys to join him, reasoning that the company would be welcome (and possibly vital). Since I hadn't driven my Healey on a long trip for over five years, I was happy to go. Just about any British model built after WWII can manage highway speeds on secondary roads and still cope with freeway transits. Calling British cars “agricultural” is a compliment, since they can be maintained easily with hand tools and a shoebox of spares. Best of all, they're pretty enough to attract attention and familiar enough to encourage passersby to tell you their stories of “a car just like this one.” The plan was simple: We would set aside four days to cover the 1,200 miles up to the meet and three days to return, we'd stay near the coast to avoid the high temperatures and high-speed freeways of the center of the state, and we would find a motel whenever we felt we had done enough driving for the day. We went over our cars carefully We might not have planned in detail, but we did prepare. On other club trips, I've M ost gearheads agree that a classic car doesn't come to life until it's driven on the open road. Highly organized thousand-mile tours have allowed many owners to put some miles under their classic wheels, but don't hold a candle to a plan-as-you-go long-distance road trip with one or two friends in old British cars. I can say this after recently completing a two-week, 2,300-mile trip up the coast of California and along the river roads of western Oregon in my Austin-Healey 3000. The scenery was spectacular along the rugged Pacific Coast and among the redwoods, the pace was relaxing, strangers admired our cars, and we couldn't have had a better time. We even got to repair my car along the way, surely an essential part of any English car road trip. We were on Highway 97, in central Oregon, when my car hiccupped then started again. An hour later, when we found a few shade trees, we replaced the distributor on the theory that it was either spark or fuel that had gone wrong, and the distributor was easier to replace than the fuel pump, since it didn't require the removal of luggage. But the car died again while sitting there, and we con- 50 noticed that most breakdowns occur in cars that haven't been well-maintained, and they usually happen during the first day of a trip. To avoid that, we went over our cars carefully a few weeks before the trip, changing fluids, tightening fasteners, tuning them up, and replacing or rebuilding parts like fuel pumps and distributors, which most often cause a mechanical failure. We then took the cars for day-long drives to make sure everything was working. And still there were surprises. We packed a basic set of spare parts between the two cars, including hoses, gaskets, tune-up kit, radiator and gas caps, and miscellaneous mechanical and electrical fasteners and wire, plus a completely wired and tested distributor. The nice thing about touring in North America is that you're only an overnight delivery away from Moss Motors and their spares. We both had basic tool kits. I carry a large, transparent plastic zippered make-up bag in which I have all the stuff I need to reach on the road, including a flashlight, tire gauge, pliers, screwdrivers, crescent wrench, test light, and electrical wire with alligator clips in several lengths. Two other pieces of equipment turned out to be essential to the pleasure of our trip, one almost obsolete and one just introduced. These were our CB radios—standard trucker Cobras hard-wired into the cars—and my Garmin Nuvi navigation system. With the CBs, we were able to chat back and forth, a nice feature when you're driving alone. Without that communication, I think we would have lost touch in the Portland rain on the one major freeway transit we had to make. We weren't too concerned about getting from one specific place to another, the pur- pose for which a nav system is usually used. For us, its most useful function was to locate the next gas station, motel, or restaurant, critical information when you're driving unfamiliar back roads at twilight, getting hungry, tired, and looking at a gas gauge that's semaphoring from empty to half-full. Sports Car Market

Page 49

Without the Garmin we never would have found Mom's Kitchen in North Bend, Oregon, on a Saturday morning. Not only did “Mom” serve us up wonderful western omelettes with fresh-baked biscuits and hashbrowns, but she also told us there was a local car show at the bowling alley three blocks away. We were the only British sports cars in the lot among the custom hot rods and classic Fords. Nav system and CB both helpful Having the freedom to stop when- ever we wanted allowed us to learn the story behind the theatre marquee in Orick, California, which was advertising “Cowgirl Mud Wrestling,” and also check out the Palm Tree Restaurant next door, which served seven kinds of fresh-baked pie. There are amazing roads in Northern California. We'd particularly recommend the Healey committee holding daily spares assessment 30-mile stretch of Highway 1 from Fort Bragg to Leggetts and the 85 miles of Highway 101 from Eureka to Crescent City. Though the Avenue of the Giants that bypasses 101 between Garberville and Fortuna shouldn't be missed, these two stretches have as many redwood trees as one could wish. In Oregon, the small beach towns offer coffee, an ice cream cone, or a night's lodg- ing, but the secret of this state is the river roads. Trace the Umpqua River along Highway 38 from the coast to Cottage Grove, or the McKenzie River along 126 from Eugene toward Sisters, to experience the Oregon's forests. Regardless of where you live, the experience of finding your own routes away from Routine maintenance the main highways, in classic British cars with just one or two like-minded friends, just can't be beat. You don't need five-star hotels or a following crew of mechanics in a car-hauler to enjoy your British car on the open road, where it belongs. ♦ GARY ANDERSON is the founder of MC2 (www .mc2magazine.com). the magazine for Mini owners and a three-time participant in the Monterey Historic Races. October 2007 51

Page 50

Etceterini & Friends Profile 1995 Bugatti EB110 GT Coupe That Club Bugatti France actually welcomes owners of the EB110 is testament to the members' regard for Artioli's effort by Donald Osborne Details Years produced 1992–95 Number produced: 154 (some sources say 130) Original list price: $350,000 approx. SCM Valuation: $180,000–$300,000 Tune-up cost: $1,900–$3,100 approx. Distributor cap: $275 (2) Chassis #: Door jamb Engine #: Between cylinder heads Club: Club Bugatti France 14bis boulevard Voltaire 92130 Issy les Moulineaux, France More: www.club-bugatti-france.net Alternatives: 1986–88 Porsche 959, 1991–93 Jaguar XJ220, 1994–98 McLaren F1 SCM Investment Grade: B Comps Chassis number: ZA9AB01E0PCD39022 F orty years after Ettore Bugatti's death in 1947, the once legendary marque—one of the most renowned in automotive history—was acquired by ambitious Italian businessman Romano Artioli. His aim was nothing less than a resurrection of Bugatti as a state-of-the-art supercar. Designated “EB110” (signifying 110 years after Ettore's birth), the first new Bugatti since the 1950s was an advanced mid-engined supercar acclaimed as worthy successor to its formidable antecedents. The Bugatti EB110 was designed by none other than engineer Paolo Stanzani and stylist Marcello Gandini, co-creators of the exotic Lamborghini Countach. Beneath the skin there were similarities too, the short-stroke V12 engine with forward-mounted gearbox having been pioneered on the Countach. To the already outstanding specification, Stanzani added five valves per cylinder, four turbochargers, a bespoke 6-speed gearbox, and four-wheel drive. Despite the complexity, the EB110 worked well on the road; its compact dimensions, combined with four-wheel drive, made for exceptional agility and excellent grip and balance no matter what the conditions. The 3.5-liter V12 developed 561 hp, good enough for a top speed of 212 mph, a figure recorded at the Nardi test track in Italy that placed the EB110 on par with that other “World's Fastest Car,” the Jaguar XJ220. While headline writers emphasized its performance to the exclusion of almost everything else except the price ($456,000), the EB110 was nevertheless a very well-built product possessing a roomy and lavishly equipped interior. Unfortunately for Artioli and his collaborators, the EB110 launched just as the early 1990s recession took hold, and the company entered receivership in 1994. 52 Perhaps 154 of these exotic cars were built (different sources offer varying production numbers), Michael Schumacher being the most high-profile owner. This left-hand-drive EB110 GT is one of the final three cars completed at the factory in 1995. It was bought by Bugatti director Jean-Marc Borel and roadregistered in Luxembourg in 1996. In July 2001, the car was imported into Holland where it formed part of second owner Mike Dawud's private collection until purchased for Gran Turismo Classic in 2003. Finished in silver gray metallic with matching two-tone leather interior, the vehicle is presented in excellent order throughout, appearing as if it left the factory only yesterday. It comes complete with tool kit, owner's wallet, warranty/service booklet (recording all three owners), full service history, and owner's manual, and has covered a mere 11,000 kilometers (approximately 6,800 miles) from new. SCM Analysis This car sold for $259,200 (€199,913) including premium at the Bonhams Monte Carlo auction held on May 21, 2007. Romano Artioli was an Italian who owned Autoexpò, the Suzuki import franchise for the country. His announcement in 1987 of his purchase of the rights to the Bugatti name and intent to revive the marque with the most technologically advanced supercar ever seen was greeted with a combination of curiosity and skepticism. Since the death of the founder Ettore in 1947, and indeed, some might say, the death of his son Jean in 1939, there had been little hope that the company would be able to return to anything approaching its 1994 Bugatti EB110 GT Lot# 73, s/n 1A9BC66B6RA398046 Condition: 3 Sold at $258,500 Gooding, Pebble Beach, CA, 8/21/2005 SCM# 38959 1992 Bugatti EB110 GT Lot# 47, s/n 2A9ABO1EOPCD39040 Condition: 2 Sold at $223, 250 Christie's, London, UK, 4/19/2005 SCM# 37929 1994 Bugatti EB110 GT Lot# 280, s/n 2A9ABO1SORCD39071 Condition: 1 Sold at $283,500 Bonhams, Monte Carlo, MCO, 5/16/2005 SCM# 38567 Sports Car Market Photos: Bonhams

Page 51

glory days. Bugatti's other son Roland was thwarted in his attempt in the mid-'50s, while Virgil Exner's design study built on the last Type 101 chassis in 1965 failed to excite sufficient interest and, more importantly, financing. The name passed along through a number of aircraft manufacturing businesses and ended up at MessierBugatti in 1977, from whom Artioli bought the name. The first carbon fiber road car To bolster his audacious plan, Artioli engaged Stanzani and Gandini to design the car, later adding ex-Ferrari engineer Mauro Forghieri as technical director. The body structure was developed by aircraft manufacturer Aérospatiale, which created it in carbon fiber, the first time ever for a road car. The initial offering was the EB110 GT, unveiled to the world in September 1991 in Paris. Built in a spectacular, cost-no-object state-of-the-art factory, it was everything Artioli clamed it to be. With its sophisticated specification, high performance, and high-dollar price tag, it was at its release the ultimate in a sports car for the road. The styling was the only question mark, with many considering it rather unattractive; however, at least Artioli got some value for the money he paid Gandini, as it was one of the more original ideas from his pen in this period. The EB110 GT was at first enthusiastically received in spite of its almost half- million dollar price tag, but ultimately became another victim of the bursting of the speculative bubble in the high-end auto market and the coming of yet another ultimate supercar, the McLaren F1. A second model, the Giugiaro-designed EB112 four-door, was shown in 1993 and one was even crash-tested, but it never saw production. The purchase by Artioli of Lotus Cars from GM in the same year certainly didn't help the cash flow, either. More than a stripped-out racer The EB110 GT offered considerable value for money, as it is a surprisingly usable car. It's no stripped-out racer for the street, having an interior that boasts lots of leather, wood, and a high-end stereo. You are cosseted while enjoying the outrageous performance. The EB110 generally impresses as a well-developed production car, not a slapped-together prototype show special designed to attract attention. They are solidly built, with a chassis more than able to handle the prodigious power. The fact that they came with a three-year cost-inclusive service plan, like an Audi lease, showed that the makers had confidence in them and intended the cars to be used, not posed in. (It's not known who handled the service calls after the bankruptcy.) The fact that the Club Bugatti France actually wel- comes owners of the EB110 is testament to the regard even traditional Bugattistes have for Artioli's effort. While these cars are highly thought of by those who know them, their values have not appreciated in the past few years. They generally sell in the mid $200,000 range. Even this example, with its Bugatti director ownership history and very low mileage, reached the same number. It's hard to see a real opportunity for any immediate increase in prices, although you probably won't lose money owning a good one for a few years. The slightly ironic footnote to the EB110 saga is the fact that Artioli retained rights to the Bugatti name even after his company folded. There is little doubt that the move paid off in 1998 when Volkswagen paid to take it off his hands. It's good to know that someone has made money from Bugatti recently. ♦ DONALD OSBORNE is the principal in appraisers Automotive Valuation Services. His articles on collector cars have appeared in the New York Times. (Introductory description courtesy of Bonhams.) October 2007 53

Page 52

German Profile 1965 Porsche 911 Coupe What's so special about the original 235 911s? Not much, and most of it is bad. But they are different and that was enough by Jim Schrager Details Years produced: 1964–68 Number produced: 10,634 Original list price: $6,000 approx. SCM Valuation: $20,000–$35,000 Tune-up cost: $300 Distributor cap: $20 Chassis #: On horizontal bulkhead under front hood Engine #: Stamped into alloy engine block near right side of cooling fan, on vertical support bar Club: Porsche Club of America, 5530 Edgemont Dr., Alexandria, VA 22310 More: www.pca.org Alternatives: 1968–74 BMW 2800/3.0 CS, 1968–71 Mercedes 280SL, 1961–71 Jaguar XKE coupe Comps Chassis number: 302795 I n the late 1950s, Porsche began working on what would be a new model to entirely replace the 356. The styling was based on a set of guidelines prepared by Ferry Porsche and developed by his son, “Butzi.” The new Porsche was intended to be an evolutionary design and continue in the established Porsche tradition (Dean Batchelor from the Illustrated Porsche Buyer's Guide). The new Porsche was designed in a remarkably short time. Its unveiling took place at the Frankfurt Motor Show in 1963, and it was met with great enthusiasm. The new model initially carried the number 901; however, in 1965, it was renamed the 911 due to a conflict with copyrighted Peugeot production codes. The new car featured an entirely new and larger en- gine than the 356. The chassis was designed with greater control and better handling in mind. The result was the creation of one of the longest running and most successful sports car models in history. The car offered here is one of 235 original 911 short- wheelbase examples from 1965. While little history about the car is available, this 911 was sympathetically restored to driver standards approximately two years ago. Sprayed in the attractive color of Irish Green and trimmed in the desirable black and white houndstooth fabric, this 911 has a lovely varnished wood dash and steering wheel. Complete with the correct steel wheels, hubcaps, 54 and period-correct tires, this car is presented today from a passionate 911 collector who drives his cars. Not commonly seen on the auction market, this 911 represents a rare opportunity to acquire the first year of the legendary 911 production run. SCM Analysis This car was sold at Christie's Greenwich Concours d'Elegance sale on June 3, 2007, for the staggering sum of $71,500, against an optimistic pre-sale estimate of $25,000–$35,000. This is not a clarion call for every #3 condition 1965 production 911 to be worth quadruple what it was last week. It is, rather, a highly unusual result. Although the auction catalog description above notes this to be one of 235 cars produced in 1965, a look at the serial number shows this is an unfortunate error. The original 235 cars were built in 1964 and carry the first three digits of “300.” The early 1965 cars have the prefix of “301” and the second batch of 1965 cars have “302,” as does this example. In addition to these sets of early production cars, there were 13 prototypes built in 1963 and early 1964 with entirely different serial number sequences. The first 235 1964 production 911s built have slowly acquired a cult-like following among Porsche cognoscenti, always anxious to stay one step ahead of the others in the crowd. If this were one of the 1967 Porsche 911 Lot# 462, s/n 307662S Condition: 3+ Sold at $33,253 Bonhams, Beaulieu, U.K., 9/9/2006 SCM# 43337 1966 Porsche 911 Lot# 647, s/n 304287 Condition: 2Sold at $71,500 Barrett-Jackson, Scottsdale, AZ, 1/18/2007 SCM# 44037 1965 Porsche 911 Lot # 235, s/n 300379 Condition: 3+ Sold at $46,552 Bonhams, Silverstone, U.K., 7/30/2005 SCM# 39938 Sports Car Market Photos: Christie's

Page 53

Christie's responds We were very pleased to offer the 1965 Porsche 911, chassis number 302795, as Lot 10 in our June sale. The price realized on the sale, $71,500 (with premium), demonstrates the current strength of the market for early Porsche 911s, and is comparable to the price realized in February for a 1966 model. In the course of original 235 cars, even given its humble condition and complete lack of history, it would have been fairly bought at the hammer price. I applaud the catalog for correctly noting this example as a “driver,” what with so many cars overdescribed these days. In this case, the car showed a few rust bubbles, old undercoat on the chassis, non-original seat coverings, improper painted steel wheels (all early 911s had chrome wheels), and a host of other small issues. To make this a special car, you'd have to take it apart and mostly start over, typical of a car rated in #3 condition. The pace of the bidding cycle is interesting to note here, as it quickly made its high estimate and then continued in $5,000 increments between a bidder on site and a phone bidder. My understanding is that both bidders were aware this was a 911 from the 1965 model year, and both were in the U.S. The increments slowed down to $2,000 after awhile, but those were still large jumps. This result was the classic case of two people wanting the car almost no matter what the price, and my great concern is that neither of them was aware that this is not one of the original 235 produced, but rather a fairly ordinary early production 911. So what is so special about the original 235 911s produced? Really, not much, and most of it is bad. It isn't that these cars are better, they are just different and that was enough to start the bidding wars. How to spot one of the original 911s Here's a rundown on how to spot one of the original 235 911s: If it is still as delivered, the car will have the troublesome Solex carburetors and self-destructing open-jointed half shafts. Both of these are fine for museum cars but difficult to live with for cars that are driven further than on and off the trailer at concours events. The bulkhead October 2007 panel below the engine cover that carried the release mechanism will be of a slightly different pressing than those used on subsequent 1965 models. The knee pads under the dashboard will not turn up at the edges, as done on later models. Note that most of these design features carried on, for various periods of time, through the 1965 and early 1966 models. So there isn't anything wildly distinctive about these first 235 cars that makes them instantly important, with one exception—the chassis number. But for some, apparently, that is more than enough. Don't recalibrate your 911 price chart just yet. At every market top there are excesses, and this may be one of the best examples in the Porsche world we've seen recently. Let's watch a few more of these cars sell before we reach any new conclusions about the values of regular production 1965 911 Porsches in #3 condition. ♦ JIM SCHRAGER'S latest book, on the early 911, will be published in late 2007. (Introductory description courtesy of Christie's.) preparing the catalog for the auction, our specialists referred to two independent Porsche sources, each of which suggested this car was part of the first 235 cars produced in 1965, and this information was reflected in our catalog notes. As it turns out, those sources were inaccurate, and the car we offered was actually produced later in 1965. At no time did we suggest that Lot 10 was manufactured in 1964. It was not. It was, as the catalog clearly stated, a 1965 911, and its appearance at auction represented a “rare opportunity to acquire the first year of the legendary 911 production run.” The excellent price we achieved at the auction was consistent with the car's 1965 vintage.— Christopher Sanger, Head of Car Sales, Christie's Americas 55

Page 54

Porsche Gespräch Jim Schrager Living the 356 Dream One of the best things is just banging around local roads and pretty scenery with a few 356s running along with you Porsche Gespräch / Jim Schrager T he Gathering of the Faithful. That's what they used to call the annual meeting of 356 owners 30 years ago. Everyone got together, looked at each other's cars, swapped tall tales, and generally just hung out. The title of the event was meaningful, because in the old days, you had to have faith to own a 356. Parts were harder to find with each passing month, most cars were rusty and patched together, and mechanics were inexorably losing interest in cars that were rarely driven. You'd work all year just to get your car ready to make the annual trek, and even then, one of the more popular ways to spend time at the event was fixing hobbled 356s. Values were abysmally low, everyone was upside down in their cars, and when you wanted to sell one, you had to work hard to find someone who knew you and the car to move it. You really had to have “faith” to carry on, and no one, outside of a handful of 356 zealots, much cared. Ideas that stood the test of time The 356 Registry was formed in 1975 when a group of 356 owners felt the Porsche Club of America wasn't giving them enough attention. It wasn't much of an organization then, but a few of the founding ideas have stood the test of time. Today, the Registry has over 8,000 members and is one of the largest and most active single-model car clubs anywhere. Times have completely changed for the 356. It's now a highly desirable vintage car and the Registry magazine classified ads often have no cars for sale. It's so easy to sell a 356 today, there is little need to work hard at it. While the PCA annual gathering—the Porsche Parade—remains the largest event and ultimate test for concours cars, a modern 356 Holiday has stayed true to the roots of the founding members. Winning at a Parade Concours is a big deal, often requiring years in preparation. It means you will not be able to drive your car during the extended preparation period and it will be driven very little at the Parade. You will face world-class competition and be judged by some of the most knowledgeable Porsche experts. While the judges are unfailingly polite, the competition is very serious. There are a few winners and many losers. At a Registry Holiday, everyone is encouraged to enter his car on the concours field. Judging is done by the participants, rather than by appointed experts. It is called “People's Choice,” and while it is a great honor to win, it isn't taken too seriously when you don't. No one looks under the car, there are no white gloves wiping the wheelwells, no careful scrutiny of the underside of the spare tire. There are no questions from the judges about if the handle on the screwdriver in your tool kit is painted the correct shade of blue. It is simply a contest of whose car everyone likes the best. It's a simple idea. No one needs to “improve” the event for next time, and no one does. When a Porsche reaches 50 years old, it is able to 56 No white gloves in this crowd enter a single judged class, but not everyone does. This year it was any 1957 model, and there were a handful of cars entered. Seeing how wonderful you look in your car In the old days, part of the fun at either the Parade or the Holiday was driving your car to the event. With the level of concours competition at a Parade these days, serious contenders drive the Suburban, with the Porsche packed away in an enclosed trailer. For a Holiday, most people drive their 356. It is a part of the challenge that makes the event special. Once there, people use their cars for all kinds of events and non-events. One of the best things is just banging around local roads and pretty scenery with a few 356s running along with you. I'm not sure why that is such a kick, except that it gives you a chance to see how wonderful you must look in your own car. It's something you can only do by getting together with other 356 owners. The Registry has two Holidays most years—one for the eastern half of the U.S. and one for the west. The East Coast Holiday this year was held at the resort of Boyne Highlands in Northern Michigan. Events included a hill climb, a gymkhana, several drives on great local roads, a field trip to Mackinac Island (where cars are not allowed), the People's Choice Concours, and three Tech Sessions. One of the central missions of the Registry is to help us keep our cars on the road. To that end, much of the Registry magazine content is technical in nature. One Tech Session was dedicated to restoration and reviewed the latest products and methods used to make our old cars look and feel like new. One was dedicated to introducing new members to the ins and outs of the special Porsche alphabet soup of models, such as As, Bs, Cs, and Ds. I presented a Tech Session on the values of 356s, the Porsche market as it exists today, and what the future holds for our cars. What makes a Holiday so special is that no one has decided to fix what was never broken. Competition at all levels remains friendly, people are there to drive their cars, and everyone enjoys the entries, from the beater Speedsters driven on the concours field to the cost-no-object 4-cam restorations. Everyone is encouraged to drive his car every day, in different ways, while at the event. What a clever idea for a club built around old cars—doing things the way they used to be without anyone trying to make it better. Sometimes, it seems, you can go home again. ♦ JIM SCHRAGER is the author of Buying, Driving and Enjoying the Porsche 356 and writes for the 356 Registry magazine. Sports Car Market

Page 56

American Profile 1974 Pontiac Trans Am Super Duty The Trans Am was not without options, and one in particular made this Trans Am the king of the no-horsepower kingdom by Dave Kinney Details Years produced: 1973–74 Number produced: 1973, 252; 1974, 943 Original list price: $4,446 (Base Trans AM) SCM Valuation: $45,000–$55,000 Tune-up cost: $385 Distributor cap: $36 Chassis #: Visible through windshield on driver's side Engine #: Near passenger side cylinder head, close to timing chain cover Club: National Firebird and T/A Club, P.O. Box 11238, Chicago, IL 60611 More: www.firebirdtaclub.com Alternatives: 1971–74 Camaro Z/28, 1971–74 AMC Javelin AMX, 1971–74 Dodge Charger SCM Investment Grade: C Comps Chassis number: 2V87X4N131678 T he year 1974 was a tough time for American automakers, with many legislated changes. The results were not good. New emission regulations, which had gone into effect in 1968, gradually sapped horsepower by the early 1970s. They also added additional weight, further inhibiting performance. In addition. the government enacted Corporate Average Fuel Economy standards (CAFE) requiring incrementally higher mileage for all automakers across the entire passenger car line-up. Finally, the Arab oil embargo hit in 1973, and suddenly gas was expensive and national speed limits were imposed. Cars were required to use unleaded fuel beginning with the 1972 model year, and cars that had sported a conservatively rated 400-plus horsepower in 1970 were neutered to the point of having only 250 horsepower two years later. However, all was not bad in the performance car world. One exception was the 1973 and 1974 Pontiac Trans Am Super Duty. This little-known option produced 290 horsepower, more than the contemporary Corvette. In 1973, the lightly marketed Super Duty would find homes with only 252 people. However a handful of international buyers were not subject to all the American regulations and an export Trans Am SD sported ten additional horses. 58 The Worldwide Group enthusiastically presents one of the two known export 1973 Pontiac Trans Am Super Dutys. Originally exported to Lebanon, the car now resides in the sunny and dry atmosphere of Texas. This Cameo White numbers-matching car comes with only 59,571 miles on the odometer, its original 300-hp engine, and its original Muncie M-40 3-speed automatic transmission. Other major options include D58 factory rear con- sole, U69 AM/FM radio, B85 sill and hood moldings, N33 tilt wheel, A31 power windows, C60 air conditioning, AU3 power door locks, and U57 8-track player. This restored Super Duty has benefited from one correct repaint and is in mint condition. Starting with an unmolested and correct car, the owner set out to do a concours restoration, resulting in what is possibly one of the finest examples extant. The car comes with the original GM export papers verifying the provenance of the car. It also comes with a PHS certification, further adding to its unblemished history. This is a truly special SD T/A for the serious collector. Of the second chapter in the history of the Pontiac Trans Am, it is certainly of, if not THE, most desirable example available. Sports Car Market 1972 Pontiac Trans Am Lot# S694, s/n 2V87X2N503723 Condition: 3Sold at $84,810 Russo and Steele, Scottsdale, AZ, 1/18/2007 SCM# 44204 1976 Pontiac Trans Am Lot# U36, s/n 2W87W6N596831 Condition: 2 Sold at $23,625 Mecum, Kansas City, MO, 12/1/2006 SCM# 43778 1977 Pontiac Trans Am Lot# SP52, s/n 2W87Z7N228806 Condition: 3+ Sold at $5,885 RM, Novi, MI, 4/23/2004 SCM# 33665 Photos: The Worldwide Group

Page 57

SCM Analysis This car was sold for $67,100 at the Worldwide Group auction in Houston, Texas, on May 5, 2007. Forget everything you know about the 1970s as it applies to cars. Let's also just forget the Trans Am part, the discoera design cues, and all the abundant baggage that goes along with it. Drop the geegaws, the decals, the fake or real scoops, the spoilers, the early attempts at ground effects known to all the world as wheel opening air deflectors. Poor build quality? Just get it out of your mind for now. Forget the phony engine-turned dash, or the fact that for all their efforts, the sporty car as we knew it was on its way out, killed by both an oil embargo and the rumor of looming $1per-gallon gas prices. It really is time to rethink what we know about cars of this ilk. Camaros, Trans Ams, and Corvettes from the 1970s were clearly not the cars from just a generation earlier. The horsepower wars were over—anemic numbers were the norm. Styling and design had become slave to the bumper regulations mandated for cars from model year 1973. The requirement that safety systems not be affected by a 5-mph hit to the front bumper and 2 1/2-mph impact to the rear took styling out of the sketchbooks of designers and put parts of it into the hands of engineers. (The 5-mph mandate was later rolled back to 2 1/2 mph front and rear). Meanwhile, over at the Blue Oval, the Mustang, once a reasonably-sized pony car, had shrunk in size starting with the 1974 model year. The Mustang II lost any remaining sizzle that the previous body style held. It went from an object of automotive desire to an item of derision, a shrunken shell of its past glory—from a sexy pony car to a rebadged Pinto. Aside from my college dorm mate, (a future dentist), no one was fooled. Oddly, the Mustang's stablemate, the Mercury Cougar, went in the opposite direction, growing in size and heading to the “personal luxury” market that was defined by the Chevrolet Monte Carlo). Such was the era. Super Duty, less than super car Still, in the kingdom of the blind, the one-eyed man is king. One of the few performance cars still around for 1974 was the Pontiac Firebird Trans Am. Still the accepted size for a pony car, still with a big—if not all that powerful—V8 up front, the Pontiac, along with the Camaro, survived without shrinking or growing, as the Mustang and Cougar did. The Trans Am was not without options, and one in particular made this Trans Am the king of the no-horsepower kingdom. By ticking the correct box, a standard Trans Am could become a 290-horsepower, 455-cubicinch Super Duty. In 1973 and 1974, only a handful were built. The 1974 total was 731 automatics and 212 manual- transmission cars—943 units out of a total of 10,255 1974 Trans Ams. With less than 10% of total Trans Am production, they were as desirable as was possible at that time. Not all 455-ci motors were Super Duty, resulting in Seat Time Dean Mueller, the usual confusion and attempts at clones. The fifth digit in the serial number of the Super Duty cars is X, the “standard” 455 carries a Y in the same place. Our subject car is a low-miles example that was at first Cleveland, OH: I just sold a Pontiac SD455 in June. Mine was Admiralty Blue with a white interior and was a great car in and out. I have owned a number of '70s era muscle cars, and the SD455 had something a little extra; it would actually go around corners. While the engine was rated at only 290 hp, it pulled almost as well as my '70 LS6. Overall, the car ran great. My car was equipped with an automatic tranny, and it was a nice match to the engine. It sure did rattle a lot, however, and the brakes left much to be desired. exported to the Middle East when new and at the time of the sale was a Texas car. It carried a pre-auction estimate of between $85,000 and $105,000. The catalog stated that, as an export car, it actually carried an additional ten horsepower, 300 as opposed to 290. When the hammer fell, the car was sold for a more realistic $67,100, a good representation of actual market price. A 1973 or 1974 Trans Am Super Duty will never have the panache of a first-tier muscle car. Born too late, it's the younger sibling that tried hard yet could never get the grades—or the chicks—of its older brothers and sisters. So if you can't afford a ticket to the pricier, earlier motor car party, you'll have to accept the '73 or '74 as your entry-level ride. ♦ DAVE KINNEY is a senior SCM Auction Analyst and the author of Cars That Matter. His writing appears regularly in the New York Times, Octane, and Automobile. (Introductory description courtesy of Worldwide Group.) October 2007 59

Page 58

Domestic Affairs Colin Comer When The Fire System Fails I could see the paint bubbling on the hood, the Lexan windshield melting, and the paint burning off the transmission tunnel Comer returned to the track (and the grass) post BBQ A lthough SCM isn't a racing publication, a large number of SCMers are vintage racers, including yours truly. A recent racing “close call” has made me rethink a few things in my racing endeavors. I want to share what I discovered so others can learn from my mistakes. The worst that can happen is that you waste a few minutes reading this column; the best is that it may save your life. I race a 1966 Shelby GT350 B/Production car in the “take no prisoners” Group 6 of Sportscar Vintage Racing Association and the Vintage Sports Car Drivers Association. We have a lot of fun going way faster than we should in these over-developed remnants of vintage Trans Am racing. Strapping into a Group 6 car, you know there is a high probability you may bend some metal, swap some paint, or take an off-track excursion when you exceed the limits of drum brakes and bias ply tires, or just your own abilities. However, serious injuries are very few and far be- tween. These are inherently safe cars, with strictly regulated safety features including roll cages, fuel cells, driver restraints and protective gear, and fire systems. The last three items gave me trouble recently. A little background: My GT350 was built by the fore- most Shelby race shop in the U.S. It has the best equipment available, and was built to the highest standards with an emphasis on safety, even incorporating a NASCAR-style roll cage with additional side impact protection and cross bars from rocker to rocker across the floor pan. Nothing was left to chance with safety, including a properly plumbed remote actuated fire suppression system with the required engine, passenger, and trunk compartment nozzles. The shop that built the car also maintains it and pro- vides trackside support. This eliminates thoughts such as “Did I torque the lug nuts?” while racing at 165 mph. Being the “driver” rather than the “wrench” has its advan- 60 tages from the perspective of being able to focus on your job behind the wheel. From July 19–22, I was racing in the Kohler International Challenge at Road America, one of the best vintage events of the year. During Thursday practice, we decided we needed to re-jet the carb. The technician did this Thursday night. Friday morning I went out for a qualifying session. On the first lap I noticed a moderate driveline vibration but decided to finish the session and see how the engine was working after the jet change. The car literally exploded in flames Problem #1: About four laps into the session, exiting turn eight, a sharp right-hander, the car literally exploded in flames. As near as we can tell, a fuel leak went unnoticed after the jet change and fuel had accumulated on the engine until it splashed onto the right header in the hard left turn and erupted. There was lots of fire at the base of the windshield coming through the open cowl vent, through the shift boot, and through the firewall. I could see the paint bubbling on the hood, the Lexan windshield melting, and the paint burning off the transmission tunnel and passenger's floor. I quickly went into preservation mode, deciding that a crash and a fire was worse than just a fire. I killed the electrical power, pulled off the track near a fire station, pulled the pin from the fire system, kept my gloves on and face shield down to protect my eyes and gave the handle a firm pull. Nothing. Hmmm, every time I practiced my fire drill with imaginary flames this damn thing worked. Maybe it is a push handle? Nope. It's a pull-to-discharge system like I thought. I glanced at the bottle, gauge still in the green, fire gaining momentum, another tug on the lever for good measure, still nothing. Time to get out! My first race with new belts Problem #2: This was my first race with new belts that had a Velcro sternum belt rather than the lever-lock arrangement of the old belts. I remembered: pop the lap, shoulder, and anti-submarine belts, tug the sternum strap… I could get the top layer, but the Velcro wrapped under the shoulder belts wouldn't release, so my HANS device was locked into the belts, tying me to the seat. Not good. I took a breath and thought—steering wheel off, window net off, inside door handle has always been tricky and doesn't work. I reached outside and popped the door. Back to the sternum belt… no go. Okay. I disconnected the HANS tethers from the helmet and yanked the shoulder Sports Car Market

Page 59

belts up over the helmet along with the HANS device. How long before a fire crew gets here, and will they beat the fire to the fuel cell? Watching the fire-proof shift boot burn through like somebody was under the car with a plasma cutter was not reassuring. Finally, I managed to fight my way out of the car, helmet and HANS in tow, and remembered the Cool Suit hoses attached to me. I popped them free and ran for the wall to take cover, just as the fire truck showed up. On later inspection, we found the fire had spread so far to the rear of the car that the rear brake cooling ducts (under the fuel cell) were melted off. The Hurst shifter was de-chromed, and the detent springs melted out. Fire spreads fast, and cars like to burn. Making it out alive So what did I do wrong? A number of things. Even though I had done fire drills in the past with this car, I didn't do one with these belts and the recently added Cool Suit. That could have made the difference between making it out alive or not. A lot of us have raced since before HANS devices, Cool Suits, and Velcro belt closures became commonplace. These are all things we need to know: how to work intuitively in a time-sensitive situation such as a crash or fire. Feeling safe in this gear can lull one into a false sense of security. Most importantly, no matter how good your fire system is supposed to be, either service it yourself regularly or insist whoever maintains your car does. Keep a log, even a sticker on the bottle with the date of last service. In my case, it was found that the head on the bottle was seized, a common issue I have since learned. Had my fire system worked properly, the fire would have been out within seconds, the damage to the car minimal, and the risk to my life nearly non-existent. We all look for that little demon tweak or better line to gain a few seconds. In the end, what really matters is our safety—not winning, or a track record, or the race win that is forgotten by all within days. The moral of the story is to plan for the worst. Make sure, if there is an equipment issue, safety gear you are not familiar with, or an untested fire system, that it is attended to. Know how everything works even with your eyes closed. Don't leave anything to Fire retardant, not fire proof chance. I've been racing for almost 20 years and was guilty of being lulled into a false sense of security. Luckily, I made it out unscathed and my car, although crispy, was able to race again the next day; I finished the weekend with a fairly good showing. This sure beat the alternative that flashed through my mind that Friday morning. Check your car, know your gear, work an escape plan drill into your pre-race routine, and know what to do should the unthinkable occur. ♦ COLIN COMER is president and founder of Colin's Classic Automobiles and a longtime vintage racer. October 2007 61

Page 60

Race Car Profile 1953 Ferrari 340/375 MM 340/375MM coupes are hot, claustrophobic, cacophonous, and demanding to drive. The spyders are simply demanding by Thor Thorson Details Year produced: 1953 Number produced: 10 (3 coupes, 7 Spyders) Original list price: $8,000 approx. SCM Valuation: $3.7m–$4.5m Cost per hour to race: $1,000 Chassis #: Left frame rail, at third header Engine #: Right rear near magneto drive Club: Ferrari Club of America P.O. Box 720597 Atlanta, GA 30358 More: ferrariclubofamerica.org Alternatives: 1950–53 Jaguar XKC-type, 1953–54 Talbot Lago T26 Grand Sport, 1953–56 Aston Martin DB3S SCM Investment Grade: A Comps Chassis number: 0322 AM F errari has been called a racing company with a production department, and nowhere is that emphasis more evident than in the production sports cars of the early 1950s. Not only was Enzo Ferrari passionately dedicated to victory on the world's Grand Prix circuits, but his sports cars—which were supposed to fund the operation—quickly became dominant racers in their own right. The heart of the 340 MM and 375 MM cars were their engines. Designed by Aurelio Lampredi, they were intended to provide a large-displacement alternative to the original Colombo-designed V12. The engine's broad power band and rock-solid reliability made it an ideal weapon for sports car racing. The 340/375MM's chassis was conventional Ferrari, based on two parallel oval tubes in a welded ladder structure. Front suspension was independent by parallel unequal length A-arms with a transverse leaf spring. The usual Ferrari solid rear axle with semi-elliptic springs and parallel trailing arms was both well proven and reliable. The cars were brutally powerful, and soon proved their worth on long, high-speed tracks where their torque and power gave them tremendous speed, but where their weight and period brakes didn't handicap the cars against smaller and more nimble competition. On the track, these Ferraris were not for the faint of heart. SCM Analysis This car sold for $5,717,250 at RM's Maranello, Italy, sale on May 20, 2007. The 340/375 series of competition Ferraris poses an interesting conundrum for vintage racing car col- 62 lectors. As collectors, we get all itchy about Italian coachwork, thundering V12 engines, often huge and impressive competition resumes, and the aura of history that seems to emanate from every pore as the car crouches in front of us. As racers, we are addicted to the adrenaline and sheer, joyous, emotional rush as a great car speeds down the track, with car and driver united as the curves uncoil in an oncoming rush. We live for the joy that comes from driving a great and wonderful car very quickly. The problem with these Ferraris is that though greatness is a given and they ooze collector lust, they're just not wonderful cars. As a matter of fact, from a driver's perspective, they're really pretty awful. Ferrari started business after the war with a chief engineer named Colombo and the concept that a supercharged 1.5-liter V12 was the way to win in the Grand Prix circus. They developed the basic architecture we know as the Colombo, or “short-block” engine. In 1947, they hired a man named Lampredi to serve as Colombo's technical assistant. Though not a trained engineer, he was a brilliantly intuitive one, and he came to believe that a 4.5-liter normally aspirated engine made more sense. He designed one, and it was developed into what we know as the Lampredi or “long-block” engine. It was physically larger and heavier than the Colombo engine, but it made tons of horsepower. The shortblock engine was effectively limited to 3-liter capacity, while the new long block went from three liters up to almost five liters. 1953 Ferrari 340/375 MM Lot# 51, s/n 0322AM Condition: 1- Not sold at $3,650,000 Gooding, Pebble Beach, CA, 8/21/2005 SCM# 38918 1953 Ferrari 375 Spyder Lot# 118, s/n 0366AM Condition: 2+ Sold at $1,925,000 RM, Amelia island, FL, 3/9/2002 1953 Ferrari 340/375 Spyder Lot# 95, s/n 0294AM Condition: 3 Sold at $1,080,500 Christie's, Pebble Beach, CA, 8/17/1997 SCM# 29090 Sports Car Market Photos: RM Auctions

Page 61

Possibly as a result of entreaties from his friend Luigi Chinetti, who had moved to New York, Ferrari started to wonder what cars would sell and be competitive in the lucrative American market, with its wide-open spaces and preoccupation with horsepower. The obvious decision was to put the long-block engine into cars bound for America, and the result is that all sports cars using the Lampredi engine are designated with an “A” (AM, AL, AT) following the chassis number, standing for “America.” If you see a 340 MM, its chassis number will end with AM. “MM” was reserved for the Colombo-engined cars. Ferrari's all about the engine The old saying that early Ferraris were all about the engine holds particularly true with the 340/375 cars. The engines were enormous, intimidating aluminum packages of horsepower generation, and the bodies were hand-built examples of the Italian coachbuilder's art. But the chassis and suspension were only slightly better than crude. Don't get me wrong, the workmanship was fine, but I don't think anyone at Ferrari in the early '50s ever thought about chassis dynamics or design. They just hung different engines on minor variations of the same chassis and sent them off to the coachbuilders for bodies. The 212 and 250 cars pretty much got away with it, staying relatively balanced and agile, but the weight and huge horsepower of the Lampredi engines completely overwhelmed the chassis and brakes. The result was cars that were brutally fast in a straight line and merely difficult and uncomfortable as long as the turns were open. When the roads narrowed down, the turns tightened up, and the conditions got nasty, these cars were a supreme challenge to drive fast. With way too much weight on the front axle, they were hard to steer and difficult to slow down and turn in. Having done all that, they were still challenging to drive through the corners. This brings us to one of the most visually impressive components of the engine, the carburetors. I've dealt with a lot of these, and when people look at the engine there's a sharp inhalation, followed by “Ohmygosh! Four-barrel Webers?” Yep. They are impressive, they're beautiful, and they're extremely rare. Have you ever wondered why they're so rare? They're absolutely awful. As soon as engine designers had a reasonable alternative, they dumped those carbs like week-old fish. The problem is that with tiny little side-mounted float bowls, they go like jack the bear in a straight line, but as soon as you side-load them in a corner the floats lock up and they go lean, shutting down the engine until the car straightens out and the float bowls refill, at which point it comes back like gangbusters. You can understand how this would inhibit cornering technique and the joy of hard driving. Fabulous collector cars, lousy drivers Back to my original thesis. These cars are fabulous collector cars, but they're lousy drivers. The coupes in particular are hot, claustrophobic, cacophonous, and demanding to drive. The spyders are simply demanding. I've got quite a few tour miles in both an open 375 MM and a Jaguar C-type, and the difference is astounding. The Ferrari is far more powerful, but you have to will yourself to go fast. It's happy and willing at speed but not exuberant; it will go as fast as you make it go. The Jag, on the other hand, just loves to run. It is light, agile, and balanced. It loves to dive into a corner, storm through, and leap back out, sharing the joy with the driver. You'll get more envious stares while driving the Ferrari, but the starers don't have to live with the car. So there you have it. 340/375 Ferraris are among the greatest and most collectible of all post-war racing cars and anchor many of the great collections, but nobody I know who owns them actually drives them much. This was a hugely desirable collector car, and the price reflected the combined judgment of a number of very knowledgeable bidders, so I have no doubt that it fairly reflects today's market and was fairly bought. Just keep something else around to go play with. ♦ THOR THORSON is president of Vintage Racing Motors of Bellevue, WA, and is heavily involved with vintage racing and “adrenaline” collector cars. He has been an active vintage racer for 25 years. (Introductory description courtesy of Bonhams.) Seat Time Jon Shirley, Medina, WA: With only two 1953 Ferrari 340/375 MMs in the world, asking for information on owning one is going to a very thin set of sources. One is in England, and the other is the car profiled here, which I sold at auction in Maranello in May. Like all 375 MMs, they are heavy, powerful, crude cars. The big engine makes the handling difficult compared to the lighter 3-liter Ferraris of the same period. You have to wrestle them around the corners, but when you hit the open road they are quite fun. They get very hot inside, so best to drive when it's cool. I drove mine in the Mille Miglia, the Colorado Grand, and other vintage events, but died when the sun was blazing. At least we were always one of the very fastest cars. There is also an issue with the three 4-barrel Webers in that they cannot flow enough fuel and starve the engine in a fast tight corner. On a race track, suddenly the engine nearly stops and your heart does too, but they always seem to catch just in time to keep you on the track. All of the above are reasons I sold the car, as I have other Ferraris that are just more fun to drive on the street or track. October 2007 63

Page 62

Market Reports Overview Summer Sales Raise $35m Collections and marque-specific events brought big numbers, while sales lacking a central focus struggled by Jim Pickering S ummer sales of 2007 have brought with them some relatively solid results for the collector Sales Totals car market, and specific marquebased sales—those events made up of consignments from a single collector, or sales held in conjunction with high-profile race events—have expectedly lead the pack in results across the globe. Conversely, annual sales lacking a central focus either struggled or just managed to maintain consistency with numbers realized in years past. Auction Analyst Norm Mort made his way to Indiana for Kruse's 16th Annual Mecum, St. Paul, MN RM, Lapeer, MI Kruse, Auburn, IN Kensington, Bridgehampton, NY Bonhams, Northamptonshire, UK Bonhams, Sussex, UK $12,753,730 $6,230,793 $410,025 $1,472,710 $2,110,296 $11,962,378 Spring Auburn sale in the first week of June, where he found the final sell-through rate of 42% to be in line with numbers from past years at the venue. The high sale of the weekend went to the “Chitty Chitty Bang Bang” movie car at $545,400, while plenty of other classics struggled to find bidders willing to pay market-correct money to own them. Sales made up of consignments from a single collection have been big this year, and RM's sale of the McMullen collection on June 9 was no exception. Senior Auction Analyst Dave Kinney was on the grounds to see all of the no-reserve lots bring a total of nearly $13m, and he noted that while many cars from the collection brought over-the-top prices, not everything sold for crazy money, and several very good buys were present for the taking. On the same weekend in Bridgehampton, New York, Contributing Editor Donald Osborne braved the rain and mud at Kensington Motor Group's Hamptons Auto Total Sales Percentages 100% 80% 60% 40% 20% Mecum, St. Paul, MN RM, Lapeer, MI Bonhams, Northamptonshire, UK 64 Bonhams, Sussex, UK Kruse, Auburn, IN 2007 2006 2005 2004 2003 Kensington, Bridgehampton, NY Sports Car Market

Page 63

Mecum Auctions (M) St. Paul, MN, p. 90 Kruse (K) Auburn, IN, p. 76 RM Auctions (RM) Lapeer, MI, p. 100 Classic, where 31% of the cars on offer sold for a final total just over $400k. Although consignment quality was mostly excellent this year, poor weather dampened bidding considerably, resulting in sales down 9% and $171k overall from last year's numbers. Auction Analyst Julian Shoolheifer made his way to Northamptonshire for Bonhams's annual Rolls-Royce and Bentley sale on June 16, where 23 of the 28 stately lots on offer raised just under $1.5m on the grounds of Kelmarsh Hall. Shoolheifer noted pre-war cars to be thin this year, with a quarter of the entries consisting of later-model Shadows and Bentley T2s. This year's event grew almost $400k from last year, with a 13% rise over last year's 69% sold. SCM 1-6 Scale Condition Rating: 1: National concours standard/ perfect 2: Very good, club concours, some small flaws 3: Average daily driver in decent condition 4: Still a driver but with some apparent flaws 5: A nasty beast that runs but has many problems 6: Good only for parts Kensington (KN) Bridgehampton, NY, p. 112 Bonhams (BG) Sussex, UK, p. 66 Bonhams (B) Northamptonshire, UK, p. 120 June 22 saw Shoolheifer in Chichester for Bonhams's sale at the Goodwood Festival of Speed, where final totals grew an astounding $9.5m from last year's $2.4m haul, and nearly hit $12m. This event has become more of a draw in the U.K. motoring community, with more cars on offer and bidders in attendance than in previous years. An Alfa Romeo 8C 2300 Corto Spyder was the high sale at $2.8m, which alone outdid last year's total results, and 14 other cars raised prices above the $200k mark. Senior Auction Analyst B. Mitchell Carlson was present at Mecum's Back to the '50s Auction in St. Paul, Minnesota, on June 23, where he found the sales rate down just 3% from last year's 54%. Less-than-perfect American muscle has had a weak showing in the market over the last few months, but the same cars that have had trouble selling elsewhere saw some slight movement here, with several modified muscle cars bringing decent prices. Finally, the Porsche 356 was SCM eBay Analyst Geoff Archer's inspiration this month, with both excellent and not-so-complete examples rounding out his report. ♦ Top10 Sales This Issue (Land Auctions Only) 1. 1932 Alfa Romeo 8C 2300 Corto Spyder, $2,819,000—BG, p. 74 2. 1931 Duesenberg Model J tourster, $1,485,000—RM, p.106 3. 1904 Panhard-Levassor 35hp open, $905,000—BG, p.72 4. 1926 Mercedes-Benz K Supercharged Torpedo transformable, $883,000—BG, p.72 5. 1959 Lister-Jaguar Costin Sports racer, $762,000—BG, p.70 6. 1931 Chrysler CG Imperial Dual Cowl phaeton, $572,000—RM, p.106 7. 1968 “Chitty Chitty Bang Bang” boat tail roadster, $545,500—K, p.88 8. 1954 Bentley R-type Continental Sports saloon, $509,000—BG, p.70 9. 1953 Buick Skylark convertible, $495,000—RM, p.109 10. 1953 Cadillac Eldorado convertible, $495,000—RM, p.109 October 2007 1. 1961 Rolls-Royce Silver Cloud II drophead coupe, $172,854— B, p.122 2. 1955 Chevrolet Bel Air convertible, $55,160—K, p.84 3. 1901 U.S. Type A Long Distance runabout, $46,750—RM, p.102 4. 1967 Dodge Coronet R/T 2-dr hard top, $17,850—M, p.94 5. 1990 Jaguar Sovereign 4-dr saloon, $2,640—KN, p.114 65 Best Buys

Page 64

Bonhams Sussex, UK Column Author Goodwood Festival of Speed Although there were some unanswered questions about its history, the Alfa Romeo 8C 2300 Corto Spyder still made high sale honors at $2,819,000 Company Bonhams Date June 22, 2007 Location Sussex, England Auctioneer James Knight Automotive lots sold / offered 65 / 89 Sales rate 73% Sales total $11,962,378 High sale 1932 Alfa Romeo 8C 2300 Corto Spyder, sold at $2,819,000 Buyer's premium Alfa 8C lacked total originality, but bidders responded to the tune of $2.8m Report and photos by Julian Shoolheifer Market opinions in italics I t's hard to believe that the Goodwood Festival of Speed is in its 15th year. In that time the event has grown beyond all belief, for there was for a few years the wonderful feeling that any visitor had stumbled across one of the most amazing and best-kept secrets in the motoring calendar. The event is now mass-marketed and vast—if only in sheer numbers of visitors alone—and the major manufacturers are now taking an increasingly large stake in the festivities. While the event has become accessible to a much wider audience, some feel that it is losing some of its exclusivity. Bonhams was a founding co-sponsor of the Festival of Speed, and the growth of the Festival has in many ways echoed the growth of Robert Brooks's company and undoubtedly assisted the firm's profile considerably over the years. The auction held at this year's event was the best ever, totaling nearly $12 million and producing a sold rate of consigned lots of 73%. It also happened to be the fourth highest-value motoring auction held this year in the U.K. Best result of the day was $2.8 million achieved for the Alfa 8C 2300 Corto Spyder, very carefully cataloged to not mention the word “Monza,” and with the chassis number “attributed to,” but nevertheless a very well presented car. Fourteen cars sold over $200,000, and the Alfa aside, the highlights included the 1904 66 15% on the first $60,000 10% thereafter, included in sold prices (£1=$2.00) Panhard Levassor 35hp at $905,000, the 1926 Mercedes-Benz Model K Torpedo Transformable at $883,000, and the 1959 Lister-Jaguar Costin sports racer at $762,000. Although a commercial truck, one of the most fabulous vehicles in the sale was the 1957 Leyland Royal Tiger Grand Prix transporter, which achieved an excellent result. The ultimate accessory for the vintage racer, it was wonderfully original and with perfect provenance. After much bidder interest, it soared to five times its estimate to make a well-deserved $124,000. There were a number of notable unsold cars as well, including a 1968 Sussex, UK Shelby GT500 that failed to make its estimate of $140,000–180,000. The 2001 Chevrolet Corvette C5R, ex-Ron Fellows/John O'Connell, was unsold with a guide of $500,000, and a DB6 Volante didn't sell despite the generally huge interest in these cars elsewhere. Though in very fine order, this Sales Totals no-sale can perhaps be a little better explained by the fact that it was presented in an interesting combination of Storm Red with green leather interior appointments. This year's result at the Festival of Speed out- shined last year's $2.4m performance many times over, which was due in no small part to the number of high-profile and high-quality cars on offer, as well as the event becoming more of a draw for U.K. bidders and spectators in general. Twenty-three more cars were available, pushing the sales rate to 73% with an increase of over $9.5m. Bonhams was able to bring the right collection of cars and bidders together—and the results speak for themselves. ♦ $10m $12m $4m $6m $8m $2m 2007 2006 2005 2004 2003 Sports Car Market

Page 66

Bonhams Sussex, UK Column Author ENGLISH #405-1911 BELSIZE 10/12hp roadster. S/N 4857. Eng. # K245. Yellow & black/black cloth/black leather. RHD. Odo: 7,082 miles. Body shows some general denting. Older repaint weathered on body, better on more recently repainted fenders. Cracks and chips to wheels, brassware original and largely undam- headlights and side lights. Radiator plating thin. Tidy upholstery, carpets dirty and lifting. Engine bay grungy and in need of detailing. Spare tire cracked and hard. From the Furlane Collection. Cond: 3. SOLD AT $289,000. This was proof that the ubiquitous VdP tourer bodies were not the only pretty ones made, and it was a refreshing sight. Said to start and run well, it came from long-term ownership and required plenty of recommissioning before being road worthy once again. Sold squarely mid-estimate. Right on the money and worth every penny. built as a saloon with Carbodies coachwork, this car was rebuilt with replica Vanden Plas coachwork. Updated in many ways, it was far from its original build, but ultimately now to quite marketable specification. There were no surprises with this one, and it made market-correct money. #390-1928 BENTLEY 6 1/2-LITER aged. Wooden parts poorly finished, thick paint on dashboard and fuel tank. Interior complete, but only fair. Tired overall. Cond: 4+. SOLD AT $25,300. Not especially rare, as more than ten are listed with the V.C.C. This one was past patina and well into worn out, and therefore ready for a complete restoration. As such, the mid-estimate hammer price was spot on. #358-1925 AC ROYAL 12hp Rumble Seat roadster. S/N 21229. Eng. # 4448. Black & cream/black cloth/red leather. RHD. Odo: 12,470 miles. Restored in the 1950s. All parts of this car show issues, but it is in fine timewarp condition. Cracked interior believed to be original. Last on the road in the 1980s, part of this car was reconstructed to Le Mans specs in the 1980s, with the chassis shortened, replica Vanden Plas-style coachwork fitted, and various engine modifications completed by respected U.K. specialist D.H. Day. Well executed, but nevertheless slightly sterile in appearance. The hammer came down on the low estimate and the car was fairly bought and sold. #359-1929 BENTLEY 4 1/2-LITER Four the Saddleworth Museum exhibition for many years. From the Furlane Collection. Cond: 4. SOLD AT $15,640. In its current ownership for over 50 years, this should be a very straightforward project whether for total restoration or careful recommissioning. These are great cars, this one was very well bought at this price. #421-1926 BENTLEY 3-LITER tourer. S/N RT1537. Eng. # RT1539. British Racing Green/black cloth/burgundy leather. RHD. Very good paint to metal parts, excellent fabric to body. Front seats appear to be trimmed in vinyl, rears leather. All brightwork replated and in very good condition. Nicely restored wire wheels, engine bay unexceptional and workmanlike. Cond: 2+. SOLD AT $218,600. Originally 68 Seat tourer. S/N DS3570. Eng. # DS3568. Smoke blue w/ gray fabric/black cloth/red leather. RHD. Coachwork by Cadogan. Reasonable bodywork, fenders rippled in places. Good older repaint, chrome plating worn and pitted at Last seen at H&H Cheltenham in February '06, where it sold at $243,165 (SCM# 41316). An exceptional example with undisputed provenance, this car reset the market for SS 100s, which has been boiling away outside the auction arena over the last twelve months, and exceeding the high estimate by 25% proved the point. Very well sold. #355-1947 MG TC roadster. S/N A30136A. Eng. # A2013651. Old English White/green leather. RHD. Restoration work carried out in 2002, very little left to do. Excellent bodywork, well-applied paint. Instruments and dash really nicely detailed. Leather interior just right, not overstuffed as in many other restorations. tourer. S/N MD2474. Eng. # WT2264. Green & green cloth/black cloth/green leather. RHD. Very good fabric-covered body, metal parts all nicely painted. Chrome plating fair overall, with some light scratching. Nicely restored wire wheels, thickly painted chassis. Well-fitted interior, carpet in good clean condition. Cond: 1-. SOLD AT $443,000. Originally a saloon, #377-1937 JAGUAR SS 100 2 1/2- LITER roadster. S/N 18054. Eng. # 252018. Metallic gray/black cloth/black leather. RHD. Excellent bodywork, very good paint. Older brightwork still presentable. Interior wellfitted, top and top boot in very good order. Wheels nicely finished and damage-free. Engine bay smart and complete. Nice in all respects. Cond: 1-. SOLD AT $399,000. Nicely restored throughout. Cond: 2-. SOLD AT $35,650. The work on this car stopped with what seems like a morning's worth of tasks to be carried out, and as such, it was not legally roadworthy at the time of sale. Despite this, there was huge interest in it, and while it was offered without reserve, it sailed $10,000 over its high estimate. Very well sold. Sports Car Market

Page 68

Bonhams Sussex, UK #354-1954 MG TF roadster. S/N Column Author HDP264470. Eng. # XPAGTF34344. Red/tan cloth/gray leather. RHD. Odo: 961 miles. Nice bodywork, decent paint shows minor use and very slight orange peel in places. Interior very this car had no recorded racing history of note; it just had all the tell-tale signs. Hastily painted and with new wheels, it looked a little “tarted up.” While achieving a top-estimate price, this was a bit too expensive for what it was. #375-1964 DAIMLER V8 convertible. unmolested, it was bought by the seller directly from Vandervell Products in 1982 and thus had the perfect provenance. The pre-sale estimate of $20,000 was perhaps a joke, and the selling price was extremely serious. Very well sold. TOP 10 No. 5 presentable, but not perfect, with some creasing to leather and wear to driver's side carpet. Hood sides show several rust marks, but overall complete and relatively solid. Cond: 2-. SOLD AT $36,800. This car was cataloged as not having been used for some time and in need of recommissioning prior to road use. All this was reflected in its general condition, so $10,000 over the high estimate was a very strong price. TOP 10 No. 8 #367-1954 BENTLEY R-TYPE CONTINENTAL Sports saloon. S/N BC76C. Athenian Blue/Oxblood Red leather. RHD. Odo: 78,000 miles. Coachwork by H.J. Mulliner. Exceptional bodywork, perfect paint. Chrome plating slightly thin on radiator shell and headlamp rims. Very bright glass, soft window rubber. Excellent leather interior plump six fitted. Nicely prepared throughout. Fitted in period with Chevrolet V8 and Jaguar power, and raced by both Pete Harrison and Michael Bowler on both sides of the Atlantic. Reportedly on the button and ready to race. Cond: 1-. SOLD AT $762,000. This was one of the stars of this auction largely because of its devastatingly agressive looks, excellent history, and stunning preparation. The price bid was very fair for this car, and both the buyer and seller should be pleased. #388-1959 LOTUS ELITE coupe. S/N and un-touched and with fabulous woodwork to dash. Engine bay finished to as-new factory standards. Originally purchased by Lord Carnegie, three owners from new. Cond: 1-. SOLD AT $509,000. Fastbacks are always in demand, and this was an exceptional example. Its impeccable provenance and quality saw it achieve an appropriately firm bid at the top estimate. #389-1957 LEYLAND WORLDMASTER Royal Tiger Grand Prix transporter. S/N 5708914RT32399. Black & white/black vinyl. RHD. Generally tired bodywork with scruffy, possibly original paint. Still carries original Vanwall writing along the bodywork. Interior very original and crude, rear compartment retains original ramp system for loading Vanwall racing cars. A wonderful period piece in largely original condition. Cond: 3-. SOLD AT $124,000. The ultimate accessory for the historic racer these days is a period-type transporter, and this one was the real McCoy. Wonderfully original and 70 1165. Eng. # 10253. White & green/black leather. RHD. Reasonable body fit, thick repaint features lumpy racing stripe. Windshield delaminating at corners, minimal chrome nice. Shiny 72-spoke wheels show no issues. Stripped-out interior with only one racing seat and roll cage fitted. Generally ex-race condition throughout. new. Engine bay just good by comparison, but still very nice. Generally brilliant throughout. Cond: 1+. SOLD AT $110,800. One of the best presented cars in the auction, this one really stood out. Unusually fitted with a fixed glass panel over the driving compartment, this was the only feature that might not have appealed to buyers. The market for these is on the move in the U.K., and this one was very well bought. Highly-modified Coventry-Climax engine fitted. The whereabouts of the original wheels and engine are known, but they do not come with the car. Cond: 3. SOLD AT $49,450. Believed to have been converted for racing early in its life, #391-1972 JAGUAR XKE SIII convert- ible. S/N 1S20537BW. Eng. # 7S6418SB. Silver metallic/black cloth/maroon leather. RHD. Odo: 49,612 miles. Very good bodywork, great panel gaps, nice repaint shows no flaws. Chrome either excellent original or recent replacement, Sports Car Market #385-1959 LISTER-JAGUAR COSTIN Sports racer. S/N BHL133. British Racing Green/black leather. RHD. Perfect bodywork despite compound curves, glass-like paint finish. Excellent black leather bucket seats in Spartan race interior, perfectly finished wheels with nice knockoff tribar spinners. Beautiful engine bay with Jaguar bright trim. Owned by Chris Evans of U.K. TV and radio fame. Cond: 1+. SOLD AT $146,000. Reportedly costing around $270,000 new, it could be argued that the price paid was a bargain in comparison to the build cost. Why has it had three owners in the three years since its conversion? Because it was still a chop-job, and you could have bought the best XK 150S roadster for the money. #407-1965 ROLLS-ROYCE SILVER CLOUD III 2-dr saloon. S/N SJR599C. Masons Black/Bordeaux leather. RHD. Coachwork by H.J. Mulliner and Park Ward. Excellent bodywork with perfect paint finish. Spotless chrome, superb interior leather and carpets. All glass and window rubbers appear new, all glass looks S/N 1A7045BW. Eng. # 7A11469. Black/black cloth/red leather. RHD. Odo: 5,606 miles. Convertible conversion by Vicarage. Flawless throughout, equipped with a/c, power top, pw, ps, and special independent rear suspension. Presented in as-new condition throughout. Excellent paint and interior, nice chrome, and

Page 70

Bonhams Sussex, UK Column Author SOLD AT $20,126. With so much interest in the new BMW version, it was an interesting excercise to see one of the last Rover-built Cooper S Works cars going under the hammer. I thought this would struggle with its strong estimate, but it sold right at the upper end. Well sold. FRENCH TOP 10 No. 3 with no issues to speak of. Interior well finished and clean, engine compartment correctly fitted. Cond: 1-. SOLD AT $63,250. A reasonably low-mileage and beautifully presented example, it was difficult to fault except in one major way: the automatic transmission. Although this was a good price, a manual box would have raised much more. #364-1973 JAGUAR XKE SIII convert- ible. S/N 1S1941. Eng. # 7S13462SB. Azure Blue/black cloth/black leather. RHD. Odo: 42,549. Very good body with excellent gaps, superb paint, wonderful original leather. Nice brightwork includes perfect chrome wire wheels. moved and partially stripped. From the Furlane Collection. Cond: 4-. SOLD AT $13,800. Sold below the low estimate of $20k, which ultimately reflected the huge costs involved with a project like this as well as the final value of the car when finished. Engine compartment and chassis clean, top well-fitted. Well done throughout. Cond: 1. SOLD AT $97,600. A two-owner, low-mileage example with the desirable factory hard top, this car firmly achieved its strong low estimate. The Azure Blue paint, although nearly perfect, looked bad on an E-type, which seemed to cheapen the overall effect. Condition alone sold this car. #379-2000 ROVER MINI COOPER S Works saloon. S/N SAXXNPAZEYD184907. Eng. # 12A2LK70397872. Anthracite Blue/ black & silver leather. RHD. Odo: 7,500 miles. Presented in genuine showroom condition. Flaws limited to a very small amount of tire wear and some marks on pedal rubbers. Engine clean, glass and trim as-new. Cond: 1. bay. Believed to be the only surviving 7.3-liter Panhard built before 1905. Cond: 3. SOLD AT $905,000. London-to-Brighton-eligible cars of substantal horsepower have always been in demand, and particularly so at present. Being only a two-seater, this car was slightly handicapped, but it did have the advantages of being both chain driven and having sporty bodywork. Very well sold. #360-1923 HISPANO-SUIZA H6B Dual Cowl tourer. S/N 10525. Eng. # 300571. Yellow & green/black leather. RHD. Coachwork by Carrosserie Kellner. Fair bodywork and paint from a much older restoration. Much chipping and cracking to body, wheels tired-looking and very dirty. Tires cracked and perished, brightwork poor all over, leather very worn but original. Complete instrument panel, nice wood, GERMAN TOP 10 No. 4 #386-1926 MERCEDES-BENZ K Supercharged Torpedo transformable. Eng. # 60616. White/brown leather. Coachwork by Saoutchik. Doors show poor fit, paint heavily pitted all over. Varnish cloudy and lifting on many areas of woodwork. Nice older interior retrim has survived well and still looks good. Very light pitting on brightwork, generally fair throughout. Cond: 3. SOLD AT $883,000. In #403-1904 PANHARD-LEVASSOR 35hp open. Black & red/black cloth/ black leather. RHD. Coachwork by Labourdette. A quality older restoration. Repaint starting to show cracks in various places, all black parts appear more recently redone. Nice older retrim still presents well. All brass bright and largely dent-free. Canvas windshield in very good order, presentable dash panel and engine double its low estimate. While the price was brilliant news for the market, I also consider it fair, as this car was a rare commodity in both model and condition. #363-1930 TALBOT DARRACQ TWENTY TYPE K74 2.4-Liter Foursome drophead coupe. S/N 72920. Eng. # 81159. Cream/red cloth/brown leather. A total restoration project. Lower body seriously rusty, chassis seemingly sound. General denting all over bodywork, paint very poor throughout. Terrible interior with incorrect seats and trim. Engine re- exposed floorboards. Delightfully unrestored. From the Furlane Collection. Cond: 4. SOLD AT $311,000. Last on the road in 2005, this car leaves the new owner with the choice to restore or recommission, and either way it will respond well. The catalog estimates stated circa $140,000–$200,000, and the car made nearly 72 theory, Transformable torpedo coachwork offers the best of both open and closed motoring. This one had been executed using the best materials by one of Europe's premier coachbuilders, but it was somewhat challenged in the looks department. Sitting in the car, the sides of the coachwork were somewhere above head height for the average person. The technical specification of this car and the enormous power available were virtually extinguished by its troubled looks, and at this price, it was exceptionally well sold. Sports Car Market

Page 72

Bonhams Sussex, UK #370-1961 MERCEDES-BENZ 190SL Column Author convertible. S/N 12104220022491. White/black cloth/blue leather. RHD. Odo: 55,859 miles. Decent bodywork, fair paint shows only a few small bubbles. Nice top, wheels chipped and painted very thickly. Well-fitted interior displays perfect plump seats and clean carpet. Not the best, but not the worst example either. Cond: 3-. SOLD AT $52,900. A generally very average example that sold well. The buyer hopefully had a good look in all the right places before bidding, as sorting this car could get expensive very quickly. #401-1972 VOLKSWAGEN BEETLE sedan. S/N 1122294620. Kansas Beige/black vinyl. RHD. Odo: 5,496 miles. Perfect body with great gaps throughout. Well painted with excellent wheels and chrome. Nicely trimmed interior, quality fit to the headlining. Slightly lowered, fitted with aftermarket tach and fire Chrome thin and pitted all over, original worn interior still sal vageable. From the Furlane Collection. Cond: 4. SOLD AT $190,000. Of exceptional quality but with coachwork from a virtually unknown British manufacturer, this was a great buy and a bargain in comparison to the Hispano Suiza from the same collection. It's always a shame to remove original enclosed coachwork, but this was so poor and so obscure that restoring it as an open car would be a serious option and likely add considerable value. #366-1932 ALFA ROMEO 8C 2300 Corto spyder. S/N 2211051. Eng. # 2211111. Red/red leather. RHD. Excellent bodywork and paint, although purposely not overdone. Brightwork and glass unmarked. Interior and engine bay perfect, but carefully restored to retain a period feel. Found engineless, partially bodyless, and missing its front axle in the 1970s, the car was restored by the late David Black for his own use. Exceptional detailing adds consistency to the racing car. Cond: 2+. SOLD AT $179,000. All of the original factory aluminium lightweight racing B20s were broken up by the factory. This was one of five reputedly built up by Luciano Basso to emulate the originals. Based on a genuine Aurelia GT chassis, this was nicely executed, and a potential 250 SWB beater. That said, this was still a copy, and it was expensive for a racer without FIA papers. #365-1954 MORETTI TIPO 750 Gran Sport GT coupe. S/N 1291. Eng. # 1291S. Maroon/tan leather. Odo: 564. Coachwork by Michelotti. Excellent bodywork, very good paint with no chips or faults. Beautifully trimmed with nice glass and chrome. Engine compartment extinguisher. Immaculate engine bay with a Porsche-sourced 2.2-liter Type 4 engine. Perfect underneath with excellent detailing throughout. Exceptional and understated. Cond: 1-. SOLD AT $23,576. Looking nothing more than a slightly lowered stock example, it was refreshing to see a Beetle done so nicely without being wild. Everything about it was well-executed and clearly the result of a lot of forward planning and expense. Worth every penny of the sale price. ITALIAN TOP 10 No. 1 #361-1928 ISOTTA FRASCHINI TIPO 8A 7.4-Liter saloon. S/N 1153. Eng. # R53IF. Blue/blue leather. RHD. Odo: 61,462 miles. Coachwork by Morgan & Co. Fabric body requires total restoration but looks OK at ten yards. Generally dented and cracked fenders and hood. Brush painted in most places, with lumps and chips visible throughout. 74 spotless, interior clean and well fitted. Cond: 1-. SOLD AT $190,000. These are always a surprise when seen in person, as they really are small, but they're also handsome and potent. This one was stunning in its attention to detail, which is lost on so many similar cars. Well sold at the top end of its pre-sale estimates. restoration. Cond: 1. SOLD AT $2,819,000. Very carefully cataloged by Bonhams with particular regard to the attribution of the chassis number and the history associated with that number, but the actual number could not be found stamped on the car anywhere. Participated in the 1933 Mille Miglia, possibly a works car or Scuderia Ferrari team car from new. Considering the huge gaps in this car's history, it made 50% more than the market would dictate, so the buyer must have been confident in his own research. #372-1951 LANCIA AURELIA B20 2- Liter GT Da Corsa Aluminum coupe. S/N B201082. Powder blue/black cloth. RHD. Odo: 37,062 miles. Good body with nice gaps, pale paint hides a few slight dents well. Finish shows slight orange peel, purposeful interior holds no surprises with the exception of a horrible modern steering wheel. Engine bay done for working rather than looking pretty. A nicely prepped Sports Car Market #409-1959 FIAT-ABARTH 750 Record Monza Bialbero coupe. S/N 670435. Eng. # 727964. Red/black leather. RHD. Coachwork by Zagato. Excellent body, decent paint, panel gaps superb. Chrome plating worn and scratched in places, alloy bumpers dull, slight corrosion to wheels. Interior only fair. Cond: 2+.

Page 73

Glovebox Notes SOLD AT $82,200. Believed to be just one of three right-hand-drive 750 Zagatos, this matching-numbers example sold exceptionally well, making over the seemingly optimistic pre-sale high estimate of $64k with ease. #396-1972 FERRARI 365 GTC/4 coupe. S/N 15999. Eng. # 15999. Chiaro Blue/black leather. RHD. Good body with no obvious faults, fair paint shows some age and recent use. Trim slightly creased at the driver's side, glass and brightwork nice. Purposeful engine bay has no surprises, tires and rims unmarked. Cond: 2-. #383-1991 LAMBORGHINI LM 002 SUV. S/N 12280. Gold/black leather. Odo: 28,488 km. Excellent throughout, no dings or dents to body. Paint very good, with only very small chips to leading edges at the front. Wheels perfect, engine compartment clean. Some light creasing is the only interior complaint. Cond: 1. SOLD A brief look at cars of interest that have passed through the SCM stable. HHHHH is best 2007 Jaguar XJR Supercharged Bonhams Sussex, UK SOLD AT $73,400. First seen at Coys London in February '86, where it sold at $270,544 (SCM# 8114), later sold at Bonhams Sussex in September '04 for $57,316 (SCM# 35073). This was one of only 32 built in RHD, but it had small issues evident just about everywhere. With recent servicing by a respected U.K. specialist, this was a fair example that raised what can be considered fair money in this market. #350-1977 FIAT 124 spyder. S/N 124CS10114172. Dark blue/tan vinyl/tan vinyl. RHD. Odo: 50,071 miles. Good rust-free body, nice paint and trim. Wheels bright, soft top appears new. Engine bay is filthy and would benefit from a steam clean at least. Driven to the auction. AT $128,400. Land Rover might have thought it was covering new ground with the Range Rover Sport, but Lamborghini had done better and a long time before. The only downside to these is servicing, as the last service on this excellent example with no problems cost $32,000. These seem to be seeing some sort of resurgence in popularity, and this one was very well sold. AMERICAN #393-1964 SHELBY COBRA Mk II roadster. S/N CSX2423. Green/black leather. Odo: 2,998 miles. 289-ci V8, 4-bbl, 4-sp. Excellent bodywork, perfect paint shows no marks whatsoever, brightwork appears fresh. Interior shows only very slight creasing to the seats. Windshield trim Price as tested: $82,850 Likes: “So it's stoplight drags you like, you little whippersnapper? I'll teach you to mistake me for a Buick. Hand me my inhaler, Mabel.” 400 hp, no-brainer V8, beautiful paint, fine panel fit, very tight, and handles well. Gripes: Feels like a Lincoln, costs like a Mercedes. Cream puffy seats with tacky piping, minimally informative gauges, touch-screen looks like cheesy 1980s game, shiny wood looks fake, even though it isn't. Fire the guy who split the word Jag*uar on the trunk with a push button. Fun to drive: HHH Fun to look at: no stars Overall ownership experience: H Verdict: Jaguar has no one to blame but their styling department for their dismal sales. Look at how handsome Aston is, by comparison. Car is criminally dull after esteemed heritage. Like discovering Sophia Loren's daughter is a frumpy, 250-pound technical writer, who lives for dungeons and dragons; this Jag is for those whose fantasies of the leaping cat outweigh the current reality.—Paul Duchene 2008 BMW 528i Sedan Cond: 3. SOLD AT $11,500. Occasionally the first lot in a sale is one to watch because the room is asleep. This was an OK example remarkable only in the fact that there appeared to be little visible rust. Estimated fairly at $4,000–$6,000 and at no reserve, it nearly doubled the estimate. The seller should be overjoyed. bright, dash and gauges look new. Wheels and engine bay superb. Cond: 1. SOLD AT $454,000. Originally delivered to Los Angeles, but its early history is not known. Rebuilt by David Sanderson in the U.K., took first place in the Hillsborough Concours, participated in Tour Auto in 2006. Right on the money for a very nice example with good history and excellent presentation. ♦ Price as tested: $55,525 Likes: Feels like you're really getting more than 230 hp from the 3-liter straight-6, 6-speed manual is crisp and a refreshing change from the ever-more-speeds automatics that are prevalent in this class, multi-adjustable seats are pleasing for big drives and supportive for sporty ones, iDrive gets easier with every turn of the knob. Gripes: BMW's mid-size sedan is hard to fault these days. With cleaner styling and a more efficient iDrive, I really have to wrack my brain to nit-pick, so I won't. Fun to drive: HHHH Fun to look at: HHHH Overall ownership experience: HHHH Verdict: Had the car been an auto, then I might have complained. But it's not, and for that it stands out among the Jags, Mercedes, Inifiti, Lexi, and others. Besides, at a $44k base price, this entry-level 5-series seems reasonably priced, something that gets more difficult to say about most German-built cars with each increase in the Euro.—Stefan Lombard ♦ October 2007 75

Page 74

Kruse Auburn, IN Column Author Spring Auburn Motorfair The “Chitty Chitty Bang Bang” Movie car built in 1968 outsold the classics on offer, making a full $545,400 Company Kruse International Date May 31–June 3, 2007 Location Auburn, Indiana Auctioneers Dean Kruse, Daniel Kruse, Mitchell Kruse, Stuart Kruse, Jim Richie, James Dyess, Jonathan Krafft, Al Updike, and Kenny Garman Automotive lots sold / offered 259 / 611 Sales rate 42% Oh you Pretty Chitty Bang Bang, Chitty Chitty Bang Bang we love you. Near, far, in a motor car, oh what a happy time we'll spend... Report and photos by Norm Mort Market opinions in italics K ruse returned to its hometown of Auburn, Indiana, at the end of May for its 16th Annual Spring Auburn sale, which traditionally takes place at Kruse's home auction facility on the outskirts of town. The site is located just off the main highway and rivals most state fair and exhibition grounds in size. Kruse first advertised “over 2,000 cars,” which was later dropped to “1,200 cars expected!” Neither of these numbers were met, but ultimately 600 cars were there for bidders to compete for. Kruse has the ability to run three auction blocks at any one time if necessary, which can make bidding a little tricky, as you have to make sure you're in the right place at the right time. Still, I heard no complaints. There was surprisingly little interest in Ernest Hemingway's 1929 Rolls-Royce, which was one of Kruse's headliners. The Weyman-bodied 1929 Phantom II Short-Coupled Saloon had been in storage for the past 20 years and was relatively clean throughout. The proceeds from auction were to benefit children's charities, yet the car sold for a mere $18,144. Fairing better was the late Princess Diana's 1987 Rolls-Royce Silver Spur limousine, which sold at no reserve for $70,200. The high sale over the weekend was the “Chitty Chitty Bang Bang” movie car, which was bought by a collector at a very high $545,400. It didn't appear to be in running 76 Auburn, IN Sales total $6,230,763 High sale 1968 Chitty Chitty Bang Bang movie car, sold at $545,400 Buyer's premium and driving condition, but that didn't matter to the high bidder, who was clearly a fan of the film. Some bargains were present for the taking, including a 1923 Kissel 8% (included in sold prices) Gold Bug that sold for just $66,960. An exceptional bright red Austin Atlantic convertible went for market value at $33,480, while a 1931 Stutz SV towncar in need of a complete restoration managed to bring $17,280—likely a good buy considering the car's value once restored. There were numerous other well-restored 1930s classics offered, but few bidders were willing to offer the kind of dollar amount each of them required. A rare 1931 Henney roadster failed to sell at a high bid of $270,000, while a nice 1937 Cord Sportsman convertible remained with the seller at $230,000. The same lack of action applied to muscle cars here, although many sellers ended up parting with their cars for a few thousand dollars less than they initially Sales Totals expected. Several high-dollar Mopars were among the group of no-sales, including a 1970 Plymouth Superbird with its original 440-ci Six Pack; it didn't sell at $190,000. A 1971 Plymouth 'Cuda failed at $85,000, and a 1969 Dodge Super Bee stayed with the seller at $70,000. Kruse sold 259 of 611 cars for a $6,230,763 total. In the two previous years the percentages have been similar, at 44% and 41%, respectively. While sub-50% results are certainly not remarkable, Kruse has shown that it can produce consistent numbers at its spring hometown event, and in a market where many lessthan-perfect cars have trouble finding new homes, that alone can be considered a success. ♦ $2m $4m $6m $8m $10m 2007 2006 2005 2004 2003 Sports Car Market

Page 76

Kruse Auburn, IN Column Author ENGLISH #2759-1951 AUSTIN A-90 Atlantic con- vertible. S/N 1B84710. Red/tan cloth/tan leather. Hard to replace curved A-pillar glass broken. Poor body fit throughout, particularly at A-pillars. Decent paint shows dirt and a chip on trunk lid. Generally excellent chrome other than pitted and peeling front bumper and dulled rear bumper. Non-original interior door handles and dash controls with some incorrect detailing. Well painted and detailed engine and compartment. Cond: 2-. SOLD AT $33,480. Last seen at Barrett-Jackson West Palm Beach in April '03, where it sold for $14,000 (SCM# 30720). Austin Atlantics broke all kinds of speed and endurance records when launched in America, but they were a flop in the showroom. Numerous minor wrongs didn't help this otherwise decent example. The selling price was substantially less than the asking price, but it was spot-on market value. #725-1987 ROLLS-ROYCE SILVER SPUR saloon. S/N SCAZN42A8HCX16815. Metallic green/tan leather. Recent respray shows dirt and minor flaws, scratches and blisters visible around windshield. Sprayed black underside with no detailing to engine compartment. Original chrome scratched throughout. Leather plastic grayed, yet easily restored. Like-new white vinyl interior, except for worn and stained driver's seat. Original and solid under hood and on chassis, several oil leaks present. A low-mileage example in an uninspiring color combination. Cond: 3. NOT SOLD AT $5,100. Last seen at Kruse Auburn in August '05, where it sold at $4,000 (SCM# 39257). The only serious fault with this Fiat was in considering buying it. I like Fiats, but the numerous oil leaks didn't inspire a lot of confidence. The later 1500 version provides a little more power, and thus, slightly more enthusiasm. A market-correct bid. AMERICAN #1039-1908 LANCASTER STEAM CAR runabout. S/N 16. Brown/black. RHD. Ancient paint with scratches, chips, and fading... not to mention an offensive color combination on a wood-framed, boxy body. Brightwork consists of aluminum strips along running boards that are local hardware-based. Old black leatherette seats with kitchen tile flooring. Propane generated with boiler taps under rear panel. Old side lamps with broken glass. Cond: 4-. NOT SOLD AT $15,000. This looked like the original kit car. Nicely detailed and restored engine with minimal wear. Rear mounted spare. Cond: 3. SOLD AT $26,028. Painted brightwork should tell you something. Apart from that, this was a handsome open Packard that went for very reasonable money as long as a costly mechanical rebuild wasn't necessary in the near future. It appeared to be a very good driver, and at that price, it was a good buy. #1038-1923 KISSEL GOLD BUG speed- interior worn and cracked, tinted glass delaminating. Cond: 4. SOLD AT $70,200. Princess Di's bulletproof Roller, used for Washington visits. Built to British embassy specs, maintained by the same. Wavy dirty black bumpers did nothing for this car's looks. Most Spurs in this condition would go for a third of the price, but with armor and the Princess Di connection, this price was justified. ITALIAN #1091-1974 FIAT X1/9 targa. S/N 128AS0012555. Tan/black/white vinyl. Odo: 12,000 miles. Original tan paint still decent. Minimal chrome decent, black rubber and 78 A true oddball original with questionable heritage. Stored for fifty years and handed down to grandson from the original owner. Purportedly built in 1908 by the Lancaster Steam Co., but with no documentation to substantiate it. Considering this Steamer was sold on bill of sale only and had no title, its rough condition and possible leveling of any garage when firedup made this bid seem more than fair. #2721-1913 FORD MODEL T Runabout roadster. S/N 184843. Red & black/black vinyl/black leather. Paint decent aside from visible polishing marks. Wood varnish starting to dry and crack, lots of brass has minor wear issues only. Black leather interior shows minor nicks on driver's side only. Flat black underside and detailing under hood aging. Rare Ruckstell Sports Car Market ster. S/N 7245. Yellow & black/tan cloth/black leather. Twin sidemounts, roll-out seats. Older yellow paint with minor scratches. Nickel plating still decent, black leather interior too tight with broken stitches and minimal padding in armrests. Basic engine detailing, minor oil leaks evident. Painted black underside, nice top 2-speed rear axle. Cond: 2. NOT SOLD AT $32,000. Apparently driven for only one year after restoration before being put in a time capsule for the next 26 years. This was still a sharp Model T, but high bid should have easily sold it. #753.1-1921 PACKARD SINGLE SIX touring. S/N V3622. Green & black/black cloth/black leather. Presentable older respray shows minor touch-ups and scratches. Fenders, radiator, and headlamp bezels painted black. Windshield frame chipped. Black cloth top shows wear, with cracking on edges. Excellent interior panels, some wear to driver's seat.

Page 78

Kruse Auburn, IN Column Author fitted. Ex-Ruger Collection. Cond: 3. SOLD AT $66,960. Last seen at Christie's Pebble Beach sale in August '02, where it sold for $82,250 (SCM# 29003). Dusty and dirty as if just pulled out of storage, this Kissel was still a good buy for an unusual but highly acclaimed sporty 1920s model. Well bought, and easily brought back to show condition. #768-1930 FORD MODEL A roadster pickup. S/N A3707543. Burgandy & black/tan cloth/brown vinyl. Fitted with dual sidemounts, grille guard, etched windwings, chrome spare wheel covers, cowl lights, and whitewall tires. Excellent paint other than a few polishing marks and chips on edge of hood. Fresh chrome slightly wavy in places. New brown vinyl interior and fresh rubber floor mat. Engine fully detailed. tion, but still a stunner. Perhaps not a high-end concours winner at this point, but it would still be a pleasure to own. These big LaSalles tend to command Cadillac prices, but this bid was well within market value considering the patina. #2785-1930 AUBURN MODEL 125 4-dr sedan. S/N 125A2234. Two-tone green & black/ black vinyl/green velour. Auburn Motometer, trunk and rack, driving lights, dual and sidemounts fitted. Dirt and minor flaws in paint, good wood finish on dash. Chrome present but mostly pitted, glass delaminating all around. Non-original green velour seats and panels with radiator shell and cap. Original worn-out interior needs everything. Original rear end, shocks, and exhaust still fitted. Cond: 5. SOLD AT $17,280. Missing many parts, including the transmission, dash, instruments, hood sides, etc. This was a project for the true Stutz enthusiast, but it might have a Pebble Beach future after siginificant money is spent on it. With that in mind, this was perhaps a very good buy. #2764-1931 CADILLAC FLEETWOOD Red wire wheels repainted, but not sandblasted. Cond: 2+. SOLD AT $32,940. Although four rearview mirrors and etched windwings were a bit over the top, this was a very nice example of a most desirable Model A, although “Won't find a better one!” was a slight exaggeration. After surviving a downturn in popularity, Model A prices are on the rise again. This was a lot of money, but it was well worth it considering the quality... the owner just needs to buy a Motometer or a quail radiator cap. #2765-1930 LASALLE 340 phaeton. S/N 608514. Gray and burgundy/grey cloth/burgundy leather. Equipped with windwings, runningboard-mounted spotlight, dual sidemounts, and wide whitewalls. Paint has minor scratches and feathering on edges of beltline. Burgundy leather seats show wrinkles, minor aging on matching wool carpets. Still well detailed under green nylon carpeting show some age. Painted, detailed engine, driver's side apron worn. Cond: 3. SOLD AT $31,320. The unusual two-tone green and black color combo probably didn't help this car's result, and the non-original interior surely was a factor as well. This was not the classic Auburn most enthusiasts dream of, and if it had been equipped with more original bits, it would have brought more money. #2766.1-1931 CHRYSLER SERIES CD Dual Windshield roadster. S/N CP5378. Tan/ tan cloth/brown leather. Optioned with rumble seat, dual sidemounts with mirrors, trunk, and wide whitewalls. Minor chips and scuffs in paint. Scratched chrome still decent overall. Engine detailing showing minor wear, underside gloss and matte black. Seat and door panel stitching phaeton. S/N 808721. Two-tone gray/gray cloth/red leather. Fitted with driving lamps, dual side mounts, dual spotlights, trunk, and wide whitewalls. Excellent two-tone gray paintwork showing minimal wear, like-new red leather seats. Black mats with red piping over red wool carpets. Concours chrome with a fully detailed engine and painted underside. Cond: 2+. NOT SOLD AT $140,000. Last seen at eBay/Kruse Ft. Lauderdale in January '02, where it sold at $61,000 (SCM# 25168). This classic Cadillac phaeton scored 98 points at Pebble Beach in 2005, and had clearly seen little abuse since. The market is a little hesitant at the moment, and this price was on the light side. The owner was wise to pass. #2783-1931 HENNEY roadster. S/N 2723. the hood, chrome and accessories show quality. Rear trunk rack with no trunk fitted. Cond: 2+. NOT SOLD AT $130,000. Last seen at Bonhams Brookline in May '04, where it sold at $51,750 (SCM# 33740). An older restora- 80 splitting in places, door windlace pulling away. Rubber floor mats still good. Cond: 2. NOT SOLD AT $68,000. This older restoration had a nice patina and was still impressive overall. Many minor flaws were an easy fix. Apartment complex beige was not a spectacular color on this car, yet it was inoffensive and will always be acceptable. This high bid was well shy of market value. #1030-1931 STUTZ SV towncar. S/N 30768. Primer & rust/. Needs a full body restoration, including wood. Engine supposedly rebuilt in 1990. New chrome bumpers, headlamps, Green & yellow/black cloth/black leather. Fitted with rear trunk, grille screen, driving light, and wide whitewalls. Decent paint, spotty pinstriping, nice chrome and trim. New black leather seats, interior padded door panels don't look original. Chromed and detailed engine, no strap to stop door from hitting sidemount. Cond: 2. NOT SOLD AT $270,000. The Henney Motor Car Company is better know for its funeral cars, but dabbled in taxi and car production from 1921 through 1931. Built to prove a Henney could be as beautiful as a Cord, only four were finished. Only one is believed to exist, so rarity was there, but classic beauty wasn't. Awkward styling around the windshield and trunk lacked Sports Car Market

Page 80

Kruse Auburn, IN Column Author SOLD AT $37,800. Hudson Terraplanes were stylish cars in the late 1930s, and few are seen today. This was a decent driver with plenty of needs, and the price was a bit on the high side considering its overall condition. Still, if you had to have one, where would you find another? #1034-1937 CORD 812 Sportsman con- proper proportions, giving it a rough, kit-car look—and the strange lime green and yellow color combo didn't help. With all this in mind, this bid was more than fair. #753-1932 AUBURN 8-100 Custom cabri- olet. S/N 8100A10443F. Silver metallic & red/ black cloth/burgundy leather. Rumble seat, dual sidemounts, and trunk rack fitted. Spectacular paintwork, beautiful burgundy leather interior spoiled by poorly finished steering wheel. Like new black carpet, nice black cloth top. Good having an eight-year “ACD-watched restoration” by a senior ACD member with Pebble Beach accomplishments. (Yeah, but did he win?) This was a beautiful example in very stunning blue colors and was ACD-certified, so the money offered was on the light side. #2766-1938 FORD DELUXE convertible. chrome, nicely detailed engine, painted chassis. Cond: 1-. NOT SOLD AT $115,000. This was a fine example, but it had been spoiled in some respects by its metallic paint combo and unfinished B-posts with Robertson screw heads. Obviously well restored to the owner's specs, but it won't please the purists. Price was shy of the mark regardless of how picky you were. #847-1937 HUDSON TERRAPLANE convertible. S/N 7136716. Yellow/brown cloth/brown leather. Older yellow paint showing minimal wear. Chrome mostly original and pitting, even rechrome to rear bumper, wooden hood ornament fitted. Newer brown leather seats, decent brown carpet. Original rubber includes running boards. Maroon trim on brown cloth top looks good, but wheels are red. Engine painted silver with little detailing. Solid, clean underside painted matte black. Cond: 3. S/N 4562217. Black/tan cloth/caramel vinyl. Fitted with twin fog lights, rumble seat, dual spots, mirrors, wide whitewalls, and bumper guards. Decent black paint shows polishing marks, like new rubber on running boards. Vinyl interior still shows well, older chrome matte black under hood, chassis shows wear. Still a great, solid driver. Cond: 3. SOLD AT $42,660. Last seen at eBay/Kruse Ft Lauderdale in January '01, where it sold at $28,500 (SCM# 25144). This older restoration would still bring admiring looks in shows and on cruises. It still had lots of miles left in it as it was, and it could be easily upgraded for little money. Buyer and seller both did well. #836-1949 FORD GEORGE BARRIS inside and out is starting to pit and wear. Mirror scratched on dash. Painted engine with all-black undercarriage. Cond: 3+. NOT SOLD AT $53,000. Described as a 100-point restoration, but that wasn't according to a Pebble Beach judge. The work done on this car may have been completed a while ago, but time had taken its toll. Very nice, but the price offered should have been enough. #2784-1941 CADILLAC SERIES 62 convertible. S/N 8347486. Black/tan cloth/tan leather. Restored in 1984. Minor scratches in presentable glossy black paint. Good panel fit, nice chrome with minor pitting on trunk hinges. Tan leather seats, panels, carpet, and cloth top show little wear. Nicely detailed engine, original wheels, hubcaps, and trim rings. Minimal wear 82 Sports Car Market Custom Replica wagon. Gold metalflake/ lambs wool. Fitted with ps, pb, pw, a/c, cruise control, tilt wheel, electric doors, and air suspension. Wood and metal custom Barris body. Wood requires some refinishing, rear seat removed and carpeted for serious hauling. Lambs wool interior beginning to show wear, engine compartment grungy. Only one built by Barris Kustoms, and for that we should be thankful. Cond: 2-. SOLD AT $32,320. Let's see... do I vertible. S/N FC2138. Blue/blue cloth/blue leather. Appears recently restored throughout. Excellent blue paintwork, blue cloth top, and matching blue leather interior. Detailed engine compartment, basic detailing to chassis. Cond: 2+. NOT SOLD AT $230,000. Described as overall. Cond: 2+. NOT SOLD AT $76,000. The owner felt this Caddy should still easily win awards at club and local events, and I have to agree. Price was well off current market value, and the owner was wise to pass. #829-1941 FORD DELUXE convertible. S/N 186551370. Maroon/maroon cloth/brown leather. Equipped with wide whitewalls, fender skirts, radio, and heater. Minor chips and scrapes to older paint. Chrome bumpers pitting, wear on grille and fender lights. Brown leather and vinyl interior show split stitching in places. Sprayed

Page 81

Why Not Buy Smart? In the past few years, Corvettes have gone from being everyday drivers to highly collectible American classics. But with the huge number built, and the variety of options they were available with, knowing what to buy and how much to pay is critically important. Keith Martin has augmented his top-flight SCM staff with a well-known group of Corvette experts to bring you over 100 information-packed pages in every issue of Corvette Market. The incisive, take-no-prisoners approach to auction reports you expect from SCM will continue in Corvette Market, with more than 100 Corvettes examined first-hand in each issue. Exclusive to Corvette Market will be an industry round table, where top dealers, collectors, and auction company principals will give their opinions and advice on what is really going on in the market. You'll find out if C1s have finished their run, or if they are they still gathering strength. What is the real price differential for factory fuelies? How much more should you pay for a car with documentation, and more... Corvette Market Keith Martin's The Corvette-lover's guide to collecting, investing, values, and trends Subscribe online at www.vettemarket.com Subscribe Today! One Year Corvette Market (4 issues), plus monthly Corvette Insider's email newsletter, $29.95. UPGRADE to CORVETTE MARKET PLUS - one year Corvette Market magazine, monthly email newsletter, and unlimited access to the Corvette Market Plus online database of over 2,000 Corvette auction results, plus rapid emailed results of collector car auctions, all for just $48. Subscribe online at www.vettemarket.com or call 1.800.810.7457

Page 82

Kruse Auburn, IN Column Author hate the rear spare tire bulge and split window more, or the puckered front end with the world's largest badge replacing the entire grille? This golden retro design was based on a 1998 Mercury Cougar platform. I have admired most of Barris's work, but this was one gawdy behemoth. Still, it was a show stopper with its Vista Cruiser roof and long list of options and custom features. If you wanted attention, this was cheap for one of the master's cars. #2737-1951 FORD F1 pickup. Powder Blue/gray leather. Nice paintwork with minor flaws and polishing marks. Like new gray leather seats and panels and gray nylon carpets. New chrome with minor wear. Chrome American Racing wheels and fresh rubber added 265-ci V8, 2-bbl, auto. Fitted with wide whitewalls, wire wheel hubcaps, factory AM radio, and a Continental kit. Poor door fit on passenger side, OK elsewhere. Chips and minor dirt in paint, older replacement chrome still has lots of luster. Fresh two-tone matching interior and red carpet. Nicely detailed under the hood. Cond: 2-. SOLD AT $56,160. Considering the current market for GM's Tri-Fives, this decent example was a bargain. It had everything most Chevy enthusiasts would clamor for, not the least of which was a good price. Well bought. #2798-1955 BUICK CENTURY convert- to appeal. Nicely painted engine, compartment and underside. Well presented. Cond: 2. SOLD AT $29,700. A very clean and well-built pickup, but without a lot of glitter. Little chrome and an inoffensive all-gray interior were bland, and it appeared it had been built to sell. This was a fair price for its condition, and both the buyer and seller should be happy. #1035-1955 PACKARD CARIBBEAN convertible. S/N 55881144. White, red, & black/white vinyl/white & red leather. 352-ci V8, 2x4-bbl, auto. Older white paint has cracks, splits, and is lifting. White vinyl convertible top still good. Chrome pitting and scratched at front bumper. White steering wheel and dash worn. Carpets and seats still nice despite minor wear. ible. S/N GB8025178. Light blue metallic/white vinyl/dark blue. 322-ci V8, 4-bbl, auto. Fitted with bolt-on knockoff wire wheels, wide whitewalls, and radio. Decent paint not to concours standards, door fit needs attention. Pitted center grille with minor wear to rechromed bumpers. of rust. Cond: 3-. SOLD AT $7,668. The 50th Anniversary of Edsel was enough of a reason to buy this driver. Apart from the strange musty smell inside, it was a solid driver that could provide transportation to all the forthcoming celebrations. At this price, just enjoy it and sell it for about the same money next year. #848-1963 STUDEBAKER AVANTI Stylish cream and blue leather interior, new blue carpets. Painted matte black inner fenders and chassis. A good restoration/refurbishment in an attractive color combination. Cond: 2+. NOT SOLD AT $46,000. This was a very stylish looking Buick, but minor flaws stopped it from achieving full market potential. This high bid was on the low side. Engine detailed, but showing age. A decent driver. Cond: 3-. SOLD AT $42,336. In 1955, Packard featured its new Senior line styling. This example was painted in the optional and most desirable three-tone combination. One of just 500 built, it was a rare car, but definitely little more than a driver at this stage. Price reflected condition, and the new owner can make improvements and still come out ahead. Well bought. #2813-1955 CHEVROLET BEL AIR convertible. S/N VC55T225269. Orange/tan vinyl/orange & beige vinyl. 84 #2742-1958 CHEVROLET IMPALA convertible. S/N F58J211172. White/white vinyl/ red & silver vinyl. 348-ci V8, 3x2-bbl, auto. Equipped with ps, pb, pw, ps, power top, 45rpm record player, tissue dispenser, Wonderbar radio, Continental kit, and wide whitewalls. Decent white paint spoiled by dirt, orange peel, and thin spots. Chrome and stainless polished, but not perfect. New correct period interior, non-original style red carpet kit. Nicely painted engine and underside. Cond: 3. NOT SOLD AT $75,000. This was a nice '58 with a highquality frame-off restoration. The '58 Chevys are now moving closer to the traditional '55'57 price leaders, and although this one was loaded with all the goodies, it still had plenty of needs. The owner wanted more than this high coupe. S/N 63R1471. Red metalflake/brown vinyl. 289-ci V8, 4-bbl, auto. Recently resprayed red metallic with dirt evident. Poor rechroming shows sanding marks, much is worn original. Modern aftermarket knockoff wheels look out of place. Brown vinyl and suede interior worn and scruffy. Dash fitted with newer stereo and bid, but this money was close to market value considering all the minor imperfections. #1049-1959 EDSEL RANGER 2-dr hard top. S/N 89UW723723. Red & cream/black vinyl. 292-ci V8, 2-bbl, auto. Decent paint shows dirt, door fit poor on both sides. Newer bumpers and bits, some original and worn chrome, very pitted mirrors. Black vinyl bench seat wrinkled, like-new black nylon carpets. Original curb feelers and rubber. Original chassis shows evidence Grant aftermarket steering wheel. Original and worn under the hood. No supercharger to fuel appeal. Cond: 3-. SOLD AT $27,000. This tasteless color combination of red and brown with aftermarket gold knockoffs sold surprisingly well. Somebody thought this was a great car, and hopefully that person will be happy with it. The seller did well in my book. Sports Car Market

Page 84

Kruse Auburn, IN #2744-1964 CHEVROLET IMPALA SS Column Author convertible. S/N 41467L109727. White/white vinyl/white vinyl. 409-ci V8, 4-bbl, auto. Equipped with ps, pb, pw, power top, tilt wheel, and a/c. Nice paint shows some orange peel. Marks on chrome door handles, windshield surround, and original headlamp bezels. New white vinyl bucket and rear seats. Carpets and console the buyer can sell it for the same money down the road. No harm done. #831.1-1965 FORD COUNTRY SQUIRE good, seat belts worn out. Painted and detailed engine and chassis. Cond: 2. SOLD AT $44,820. I can't recall seeing one of these Impalas with Redline tires, but it breaks up the triple white well on this car. Subject of a three-year frameoff restoration, this was a good straight example of a desirable 409 convertible. Minor flaws can be easily fixed. A fair price, so both buyer and seller should be happy. #781-1964 PLYMOUTH BELVEDERE Max Wedge Replica 2-dr hard top. S/N 3241207885. Red/red cloth. Odo: 79,594 miles. 426-ci V8, 2x4-bbl, auto. Fresh red paint suffers from minor prep issues. All chrome and brightwork refinished, rechromed, or replaced. Original-style red vinyl cloth interior, factory fresh red carpets. Added Sunpro tach and gauges. Clean matte black engine compartment, rebuilt V8. Bolt-on Lincoln wire wheels. Solid and different. Cond: 3+. NOT SOLD AT $19,000. Claimed to be restored, but really just refurbished in 2005. Originally this well optioned wagon was built for a Ford dealer's wife in Napa Valley, California. A rare “Polo” Edition, it came with a photo history of its rebuild. This price seemed like more than enough, but the seller might have thought an SCMer would pay more to use it on a cross-country trip. #438-1966 CHEVROLET CHEVELLE Fully detailed Wedge engine in concours condition. Dual exhaust, American Racing wheels, fresh dash, new rubber. Few faults aside from being a replica. Cond: 1-. NOT SOLD AT $65,000. From Town and Country Motor Sales in Billings, Montana, this was a ground-up restoration to concours condition. The price might have been considerably higher last year, but not today. #2757-1965 FORD MUSTANG convert- ible. S/N 5F08T3092. Red/white vinyl/white vinyl. 289-ci V8, 4-bbl, auto. Originally powered by a 200-ci straight 6. Decent red respray and white vinyl top showing slight age wear. Chrome a combination of new and original, pitted taillight bezels. New black carpet, decent white vinyl seats. Basic detailing under hood, resprayed black underside. A solid Florida Mustang. Cond: 3. SOLD AT $21,384. Frameoff restorations of popular Ford ponycar convertibles continue to find new owners despite a troubled musclecar market. Values remain constant, and this one made a very nice driver for the new owner to enjoy. If it's well maintained, 86 coated headers. Not completely original, but still very nice inside and out. Cond: 1-. NOT SOLD AT $35,000. This well built and very straight Chevelle ragtop was noted as a frame-off restoration, and it certainly looked the part. Other than a small ding in the windshield trim and some minor scratches, there was little to criticize. The price bid for this pristine Malibu was not far off, but the car really deserved more. #2465-1966 CHEVROLET CHEVELLE Malibu SS convertible. S/N 138676B106145. Red/black vinyl/black vinyl. 396-ci V8, 4-bbl, Sports Car Market Malibu convertible. S/N 1AK066302. Red/ black vinyl/black vinyl. 396-ci V8, 4-bbl, auto. Flawless red paint, decent panel gaps, new chrome and window rubber. Fresh black interior and top. Nicely detailed under the hood with chrome air cleaner, valve covers, and ceramic Nicely detailed throughout. A well optioned, good-looking RS in an eye-catching black and red combination. Cond: 2+. NOT SOLD AT $47,000. An older restoration that remained fresh. Correct 327-ci V8 and little to criticize. The high bid was not far off the mark for this high-quality Camaro coupe, even though it wasn't especially rare. #780-1967 DODGE DART GTS 2-dr hard top. S/N LP23D72138476. Green/white vinyl/green vinyl. 340-ci V8, 4-bbl, auto. Door and hood fit issues present, paint touched-up along fender crowns and chipped on cowl. White vinyl top still looks good. Some chrome replaced, original stainless still fitted. Interior wagon. S/N 5J78Z166321. Green metalflake & wood/green vinyl. 390-ci V8, 4-bbl, auto. Equipped with ps, pw, tilt column, swing-away wheel, electric mirrors, and narrow whitewalls. Metalflake repaint shows some dirt. Side woodgrain slightly too dark. Interior fitted with T-Bird seats, center console, and third-row seating. auto. Red paint like new. Freshly painted Rally wheels sport new trim rings and caps. All new chrome, original windshield stainless nicely buffed. Interior fully replaced and spotless. Well detailed under the hood. “Everything in the car was either refurbished or replaced with NOS or GM parts.” Cond: 2+. NOT SOLD AT $41,000. Another frame-off rotisserie restoration that cost plenty and had only been driven several miles since being completed. The seller noted over $37,000 in receipts and had fully documented photo history of rebuild. Still, there was nothing concours about a matte black underside and non-matching numbers on this real SS. The price offered was in line with the current market. #2741-1967 CHEVROLET CAMARO RS coupe. S/N 124377L117741. Black/black vinyl/red & black vinyl. 327-ci V8, 4-bbl, auto. Equipped with ps, pb, a/c, and tilt wheel. Deluxe interior with fold-down rear seat, console with gauges, and the Rally Sport package. Excellent paint, interior and chrome show minimal use.

Page 86

Kruse Auburn, IN Column Author shows a small cut to lumpy driver's seat. Steel wheels sprayed green, detailed engine compartment. A decent driver. Cond: 3-. NOT SOLD AT $18,000. From a distance, this car looked cherry... but up close the many minor flaws became very apparent. A good, solid example, but it required upgrading that would add up quickly. The GTS version is the most desirable, but the price bid for this green example was market correct. #2750-1967 CHEVROLET NOVA 2-door post. S/N 113117W188592. White/black vinyl. Decent white paint with fresh chrome front to back. New black vinyl interior and carpets. Combo of replacement and questionable door rubber. Featured electronic ignition, aluminum heads and stroker 425hp V8 engine under the New black vinyl Yenko seatcovers and carpet. Beautifully detailed engine, painted black underside. American Racing Torq-Thrust wheels on Goodyear Polyglas tires. Cond: 1-. NOT SOLD AT $12,500. There was no excitement for replicas around here. Bidders sat on their hands as this almost flawless Yenko-spec Camaro failed on the block. Correct stripes, decals, 7blade fan, shifter, and 140-mph speedo weren't enough—just like high bid. It wasn't real, but it faced the same no-sale fate as most other replicas in this market. #790.1-1969 SHELBY GT500 fastback. hood. Well detailed. Factory steel wheels and hub caps not in tune with power. Cond: 3. NOT SOLD AT $15,000. Described as being in “one of the most desirable body styles” this very straight Nova did deserve more respect and attention. White color didn't help. Owner was wise to wait to sell another day. TOP 10 No. 7 #743-1968 CHITTY CHITTY BANG BANG boattail roadster. Black, brown, & silver/tan leather. Unique movie prop from the movie “Chitty Chitty Bang Bang.” Original paint chipped, touched-up, and flacking in areas. Wood on body cracked and chipped, veneer broken. Steering wheel cracked, as are visible in body and fender seams. Fresh interior includes threshold plates. Engine repainted Ford blue, but looks to have been done post assembly. Cond: 3+. SOLD AT $95,040. Basically a decent low-mileage Shelby with minor fixable flaws and matching numbers. The price paid was fair, and it reflected this car's condition. The buyer can easily improve this one without spending a whole lot. #749-1969 DODGE SUPER BEE 2-dr red leather seats. Brass scratched, tarnished, and worn. Wooden wheels appear recently resprayed, spare tire petrified. Underside scraped, cloth wings ripped. Cond: 3-4. SOLD AT $545,400. Yes, we know it won't really fly, but does it run? Even if it did, a drive down the street would tear its near 40-year old wings to shreds. Fresh from the Kruse museum, this famous movie car from the Ian Fleming book and film of the same name is just fun to look at. Hotly contested, it sold for what I figured it should... but I'm a fan. #766-1969 CHEVROLET CAMARO Yenko Replica coupe. S/N 124379N544819. Hugger Orange/Black vinyl/black vinyl. 427-ci V8, 4-bbl, 4-sp. Paint flawless except for minor polishing marks. All trim refinished, excellent chrome excepting minor marks on bumpers. 88 hard top. Yellow/black vinyl/black vinyl. Odo: 43,168 miles. 440-ci V8, 3x2-bbl, auto. Equipped with ps, pb, lift-off hood, factory tach, Rallye dash, Dana rear end, and Redline tires. Excellent repaint, some new chrome. Original trim and door handles scratched and worn. New black interior. Engine clean and painted, but not pristine. Recent rotisserie restoration. Cond: 2. NOT SOLD AT $70,000. One of just five 1969 Super Bees painted Y2 yellow. Advertised as “two-year spare-no-expense” restoration, but they forgot the door handles. This rare 1969-1/2 with popular options was perhaps a bit shy of current market value, but still well below last season's prices. The seller was wise to pass, but he might be kicking himself for not selling it last year. #2717-1970 PLYMOUTH SUPERBIRD 2-dr hard top. S/N RM23VOA167161. Blue/ S/N 9F02R482989. Maroon/black vinyl. Odo: 41,668 miles. 428-ci V8, 4-bbl, auto. Decent paint cracked and touched up in places, nice gold side stripes. Poorly rechromed bumpers, door handles pitted and worn. Black sealant black vinyl/blue & gray vinyl. 440-ci V8, 4-bbl, auto. Equipped with ps, pb, a/c, and the original spare tire. Mostly original paint scratched in places, some touch-ups and dirt evident. Factory blue and gray vinyl interior still passable. All original chrome shows typical wear and original scraped wheels. Numbers-matching V8 in good condition. Cond: 3+. NOT SOLD AT $118,000. This low-mileage Superbird had its issues, but originality wasn't one of them. The touched-up engine compartment was not concours, but it was close and easy to improve. It came with original documentation, manuals, jack, etc. A few years ago this would have been a decent price for a Superbird in this condition, but even with a softening in Mopar prices, this wasn't enough. #2743-1970 PLYMOUTH SUPERBIRD 2-dr hard top. S/N RM23V0A181268. White/ black vinyl/black vinyl. Odo: 20,200 miles. 440-ci V8, 3x2-bbl, 4-sp. Near flawless white paint, well-fitted vinyl top. All black vinyl interior shows minimal wear. Niceties include Tictoc tach and AM 8-track. Original chrome still presentable. Clean and original under the hood. Rust-free, never titled. Cond: 2. NOT SOLD AT $190,000. A rare 20,200-mile car that was still owned by the original Chrysler dealer, Crouch Motors. It was originally a 16th birthday gift for the dealer's son. Lots of documentation was available, and it had everything most enthusiasts are looking for in a Superbird. This price reflected the uncertainty of the current market. The current owner seems to have missed the wave, and he may live to regret turning down what seemed like a low bid. #2789-1971 PLYMOUTH 'CUDA 2-dr hard top. S/N BS23U1B199912. Curious Yellow/black vinyl. 440-ci V8, 3x2-bbl, 4-sp. Dana rear end, Rallye dash, sport mirrors, ps, pb, rear spoiler. Paint features minor prep issues, orange peel, light scratches, touch-ups, and Apillar runs. Combination of new and original chrome and brightwork. Newer black vinyl seats and carpet show slight wear. Engine painted and detailed, underside repainted over original factory spray. Factory steel wheels. Cond: 3. NOT SOLD AT $85,000. One of just 108 built. Full rotisserie resto, but the card didn't state when. Sports Car Market

Page 87

Kruse Auburn, IN Plenty of imperfections were still present. This bid was fair considering this example was tens of thousands of dollars away from ever being concours condition. #2754-1978 CHEVROLET CORVETTE coupe. S/N 1787L8S439966. Red/red leather. Odo: 500 miles. 350-ci 175-hp V8, 4-bbl, auto. Fitted with ps, pb, a/c, cruise control, and tilt wheel. Resprayed nose, overspray on bumperettes. Swirl polishing marks in finish, glass and trim nice. Original red leather interior shows no wear, seat foam deteriorating. Almost new inside and out. Cond: 2. SOLD AT $25,920. This super low mileage 'Vette came from longterm storage, yet it still needed a respray. Either something happened to it during storage, or the front bumper lost its color and cracked over time, a known problem with the urethane. Regardless, the price was way over market for a regular C3, which had to be due exclusively to its low miles. #2850-1989 CHEVROLET CORVETTE Callaway convertible. S/N 1G1YY3189K5105247. Blue/white/blue leather. 350-ci 382-hp twin-turbo fuel-injected V8, auto. Fitted with ps, pb, pw, ps, power top, a/c, cruise control, and tilt wheel. Non-matching painted Greenwood rear spoiler and body kit. Carpets wearing on sills, blue leather interior has foam deterioration inside lumbar areas. Clean and tidy under the hood with Callaway twin turbos. Of the 67 built, one of only two automatics. Fast and rare. Cond: 3. SOLD AT $41,040. This Corvette, with its Callaway-tuned and -installed intercooled twin turbo system and mag wheels, was rare, but these 'Vettes just don't do it for everybody. It did for one Corvette enthusiast, who paid top dollar to own it. #2844-1990 CHEVROLET CORVETTE ZR-1 coupe. S/N 1G1YZ23J5L5800169. Red/ brown leather. 350-ci 375-hp fuel-injected V8, 6sp. Equipped with pb, pw, ps, a/c, cruise control, tilt wheel, CD player, and two tops. All original with very minor imperfections in bright red paint. Like new original leather interior, spotless under hood and on chassis. Like new in every respect. Cond: 1-. SOLD AT $42,120. Another one put away with hopes of a big return. This was a brand new ZR-1 that had never been registered or reported sold with full documentation. The price was higher than many, despite the odd brown and red color combo. ♦ October 2007 89

Page 88

Mecum Auctions St. Paul, MN Column Author Back To The '50s Auction This was a buyer's sale, with plenty of decent lots available under $50k Company Mecum Collector Car Auctioneers Date June 23, 2007 Location St. Paul, Minnesota Auctioneers Mike Hagerman, Mark Delzell, Bobby Delzell Automotive lots sold / offered 111 / 218 Sales rate 51% Sales total $2,110,296 High sale 1954 Chevrolet Corvette roadster, sold at $74,550 At $38,850, this 1961 'Vette was one of the better buys of the sale Report and photos by B. Mitchell Carlson Market opinions in italics F or 2007, the venue for Mecum's Back to the '50s sale returned to its old location—right next to one of the main spectator's gates at the Minnesota state fairgrounds. There was a major capital improvement for the company in doing so. The auction was conducted in the newly constructed CHS/FFA Miracle of Birth building, which has to be the most unique name for a building ever to host a collector car auction. While the name made many look twice, the layout of St. Paul, MN Buyer's premium $300 on the first $5,499, $500 from $5,500 to $9,999, 5% thereafter (Included in sold prices) whole undertaking worked out overall. This was a buyer's sale. The top money for the day was a 1954 Corvette, which had crossed the block but failed to sell in St. Charles, Illinois, at Bloomington Gold the weekend before. While the roadster sold here at $74,550—what should be considered market pricing—another Corvette, a 1961 283/275 car, was a relative bargain at $37,000. A 440-powered 1967 Dodge Coronet R/T in decent condition sold at $17,850, while a well-built 1969 Chevrolet Camaro SS replica managed to bring $27,300. There were also some cars that went for astoundingly high prices for their respective conditions. One of my favorites, 1961 Corvair Monza coupe, found a new home for $4,800, which is pretty strong money for a the new structure worked out quite well. The consignments entered the through the south garage door and were auctioned in the southwest corner of the building. This way, the auctioneer's podium was tucked away on one side of the car lane, while the seating for the crowd was on the opposite side of the lane in the remaining northeast two thirds of the building. When a consignment had its three minutes of fame, it made its way out a large door on the southwest side. Parking for the consignments was a bit cramped, however, and was confined to just a couple places, which made viewing slightly difficult. While the State Fair Board won't allow the auction to be conducted in the adjacent Lee and Rose Warner Coliseum due to ventilation issues, they did acquiesce this year to have the “special consignments” displayed there. It was a little tight at times shuffling cars during the sale, but the 90 weak #3 car. A ratty 1964 Ford Galaxie 500 XL convertible in #4 condition sold for #3 money at $12,000, raising many eyebrows in the process. The same trend of too-high reserves seen elsewhere in recent months continued here, with notable no-sales including a 1955 Ford Thunderbird that didn't sell at a correct $28,000, a 1964 Pontiac GTO convertible in rough condition that failed at a very high $35,000, and a nice 1967 Chevrolet Camaro RS/SS coupe that went home with its seller at $35,000. Compared to the previous year's total sales rate of 54%, this year's 51% sold showed this event to be in a groove of consistency. The decision to move the auction was likely a smart one for Mecum, as while it might not bring substantially greater results right off the bat, it will make the event run more smoothly overall—and that should be considered reason enough for the change of location. ♦ Sales Totals $1.5m $2m $2.5m $500k $1m 2007 2006 2005 2004 2003 Sports Car Market

Page 89

Mecum Auctions St. Paul, MN ENGLISH #S25-1971 JAGUAR XKE 2+2 SIII coupe. S/N 1S71200. Red/black vinyl. Odo: 43,894 miles. California market emission configuration, factory-installed a/c, fender-mounted mirrors. Old repaint heavily buffed, original chrome lightly scuffed and scratched. Grubby engine bay has light overspray from exterior repaint. Aftermarket Crane ignition, rust speckled exhaust system. Typical lumpy seats from crumbled-up inner padding. '70s vintage aftermarket AM/FM/8-track stereo. Note on dashboard states “no clutch—don't move.” Cond: 4. NOT SOLD AT $13,000. The hydraulic clutch issues pretty much made this an on-the-block/ off-the-block affair. There was no real interest on this car, including the bottom-feeder dealers. We can't take any values too seriously until it's back to being functional again... but then again, it is a British Leyland product, so that might be wishful thinking. #S171-1979 ROLLS-ROYCE SILVER SHADOW 4-dr saloon. S/N SRK37582. Tan & black/tan leather. Odo: 72,063 miles. More than 40 trim pieces have been gold toned, including the headlight bezels, turn signal bezels, body side moldings, tail light surrounds, license plate brackets, and of course, The Spirit of Ecstasy. Gold leaf embellishments also added to body side moldings and wheel covers. Limo tint on all glass behind the windshield, film gouged three-quarters has been expertly repainted and matches well, remaining 24-year-old paint shows lots of polishing swirls. All chrome and trim original, bumpers cloudy. Heavily tinted side and rear glass, small stick-on fisheye mirrors added to stock side mirrors. Older engine bay clean-up and detailing dingy. Some very light driver's seat bottom and bolster wear evident to interior. Mileage claimed original. Cond: 3. SOLD AT $19,163. This sale price is about right for a lower-mileage example of a Silver Spur, and cars like this aren't all that difficult to locate. It had some service records, but it wasn't highly trumped up as being regularly maintained, so I won't call it a great deal— except for the seller. GERMAN #S190-1972 VOLKSWAGEN BEETLE 2-dr sedan. S/N 1122498886. White & light blue/black vinyl. Odo: 99,997 miles. Non-stock two-tone paint is quite good, even if the body prep was not. Engine not stock and only marginally clean. Mediocre seat reupholstery job and generic carpet installation, soiled headliner. Loaded up with a plethora of near-clichéd accessories, including stainless headlight visors, nice dash and console wood. Seems to run out quite nicely. Cond: 3-. SOLD AT $8,600. The later production 560 SLs are now dropping down to the more realistic prices of their 380 and 450 brethren. This one, while it did have a few things that should have been tended to, was basically an original that hadn't been messed with much. It was too good to be a bottom feeder car... but it's also only one expensive repair away from that status. on driver's side from lift mechanism. Older repaint has a few light cracks forming throughout. Moderate wear on the driver's position of the seat and carpet, other interior components OK. Cond: 3-. SOLD AT $9,750. A white trash magnet. Every bottom-feeder dealer in the place must have bid on it at one time or another. The winner may well have a bit of a surprise when something expensive lets go, and that might not be too long. Perhaps he can salvage the gold leaf to finance the future repair work, assuming there is actually some real gold in it. #S64-1983 ROLLS-ROYCE SILVER SPUR LWB saloon. S/N SCAZN42A6DCX06844. Light & dark brown/brown vinyl/dark brown leather. Odo: 40,181 miles. Most of the front October 2007 wide whitewall radials, widened and chromed steel wheels, white window gaskets, and a surfboard roof rack. Cond: 3. SOLD AT $8,000. The reserve fell when the bidding stopped. A good thing, as this older redo is hard pressed to be worth what it brought here. Next to Novas, Beetles are becoming one of the hardest cars to find restored completely to stock. Never mind that a stock Bug really is a slug with mediocre gas mileage of 20 to 25 mpg. Well sold. #S209-1979 VOLKSWAGEN SUPER BEETLE convertible. S/N 1592011881. Yellow/black cloth/2-tone tan vinyl. Odo: 10,256 miles. Repaint looks great from the outside, horrible in door jambs. Freshly replaced trim, original weathered bumpers. Newer Haartz cloth top with rear defog glass. Unspectacular engine compartment with no amount of cleanup. DIN-mount CD player installed in the stock 91 AMERICAN #S189-1938 FORD 81A STANDARD Tudor sedan. S/N 54408794. Gray/gray broadcloth. Odo: 544 miles. 302-ci V8, 4-bbl, auto. Restored to stock a couple of years ago to a good standard, then converted to a street rod. radio location. Replacement seat upholstery generally looks stock, but doesn't fit nearly as well as the originals. Cond: 3. NOT SOLD AT $8,000. Why bother bidding $8k on someone's home-spun redo when nice originals can be had for this money? Just as the New Beetles have been floundering on the market, so have the old ones, and the $9,500 reserve was way out of line here. #S20-1987 MERCEDES-BENZ 560SL convertible. S/N WDBBA48D8HA064554. Light brown metallic/tan leather. Odo: 107,265 miles. Good original paint shows slight dulling and several scratches. Original chrome and trim serviceable. Aftermarket window tint lifting in places. Dusty, dirty, unkempt undercarriage, coat hanger holding muffler up. Near rock hard leather seating surfaces, heavier wear to carpet,

Page 90

Mecum Auctions St. Paul, MN Column Author Painted a nice generally stockish gunmetal gray, passenger side rear fender chipped, creased, and gouged from a door hit. Light delamination of replacement driver's side door glass. Expertly installed LeBaron-Bonney stock full interior kit, to include door panels, headliner, and seats. Nice muted rumble from restrained dual exhaust. Cond: 3-. SOLD AT $19,688. That whack in the rear fender probably cost the seller at least $5k across the block, even if it will cost less to fix. As 1938 was the year that Henry finally joined the rest of the industry and put juice brakes on all FoMoCo products, it gave less justification in my mind to hot rod the car. To each his own, but be prepared to take a hit (hopefully not literally, as was the case here) when it comes time to sell. #S85-1944 CHEVROLET G-7133 1 1/2- ton 4x4 pickup. S/N 8NJ2922253. Light gray & silver/gray velour. Odo: 22 miles. 350-ci V8, 4-bbl, auto. Originally a military-spec fire truck. Modern two-speed transfer case and 3/4-ton live axles fitted. Poor cosmetic finish to some powdercoated bits, nice paint. Reupholstered Chevy S-10 seats, cast urethane dummy M1 Carbine mounted in a repainted WWII-vintage cabmounted scabbard. Very recently completed, length, and individual air cleaners. Authentic repaint looks dull. Chrome and trim lightly pitted, although the driver's side is slightly better. Chrome peeling on the lower edge of windshield frame. Raspy straight 6 has a slight lope at idle. High quality interior restoration clean. Cond: 2-. SOLD AT $74,550. Seen previous weekend as lot S80 at Mecum's Bloomington Gold auction, where it didn't sell at $69,000. With two more miles in and out of the trailer and nothing else done to it, it managed to bring $5k more at a street rod event. It still could stand to be detailed for a couple of days, but all in all this was a fair enough deal, and both parties should be satisfied. #S135-1955 FORD THUNDERBIRD convertible. S/N P5FH209326. Red/white vinyl/white & black vinyl. Odo: 38,674 miles. 292-ci V8, 4-bbl, auto. Built when new with Raven Black paint. Factory options include ps, pb, 4-way power seat, and both tops. Good quality older repaint, replacement door handle gaskets cracked. Door gaps off, driver's door latch loose. Bumper plating has several light with no indications of use or wear. Cond: 2-. SOLD AT $18,900. The seller claimed to have $35k into it, but was hammered sold at nearly half of that. Not everyone's cup of C-rations, and not even mine, as I prefer my Mil-specs correctly restored rather than done up as fourwheel-drive street rods. Not a show vehicle, and definitely not a work truck or boonie-stomper. The seller must have figured out the laws of supply and limited demand, and dropped the reserve at the end of the bidding. This was good deal if you are one of the few who likes this sort of thing. #S87.1-1954 CHEVROLET CORVETTE roadster. S/N E54S001241. Polo White/tan/red vinyl. Odo: 611 miles. 235-ci straight 6, 3x1-bbl, auto. Described as Bloomington Gold certified, but over a decade ago. Early model year production pieces, such as wheel covers, exhaust outlet missing chunks. Replacement dash pad and carpet. Lots of paint chips to lower edge of dash radio pod. Cond: 3-. SOLD AT $4,800. While '61 Monza coupes rarely survived, I figured this to be a $3k car, but the seller proved me wrong 92 panels warped from moisture. Top vinyl stiff, torn, and frayed. Apart from a puff of smoke upon startup, it does seem to run out well. Cond: 4. SOLD AT $12,600. I became interested in this one when I discovered that it was built two days after I was born and four days after my '64 Ford Country Sedan was built, with the same Sports Car Market scuffs. Older replacement soft top, seat upholstery, carpet, and door panels have heavier wear. Circa mid-1960s accessory under-dash oil pressure and ammeter gauge pack. Cond: 3-. NOT SOLD AT $28,000. Last seen at Mecum's St. Paul sale in June '06, where it sold at $28,350 (SCM# 42097). Since the first year 2-place 'Birds are also the only ones with a 6-volt electrical system, they are also the least popular. $28k was more than generous for this somewhat inconsistent, albeit regularly enjoyed example. #S156-1961 CHEVROLET CORVAIR Monza coupe. S/N 10927K118627. Tuxedo Black/red vinyl. Odo: 64,736 miles. 145-ci 6cylinder, 2x1-bbl, auto. Very solid body without blisters in the usual places. Serviceable original chrome not perfect, but looks like it belongs. Seat vinyl discoloring unevenly, with no two panels of vinyl in exactly the same hue. Original door panels in good shape, armrests worn and to yellow within vinyl pleats. Older replacement carpet and seat upholstery kit shows limited use. '70s vintage Cragar wheels. Cond: 3-. SOLD AT $38,850. Even with some of the done-onthe-cheap work over the years, this was one of the better buys of the sale. Apart from a repaint, it wouldn't take much to get this car sorted out correctly. With a solid, good running original powertrain, this could be a runner for quite some time before it would need to be redone. As it sat, it had quite a bit of eyeball. Considering how solid axles continue to appreciate ahead of the curve, this was bought well. #S153-1964 FORD GALAXIE 500 XL convertible. S/N 4G64X181699. Rangoon Red/white vinyl/red vinyl. Odo: 12,019 miles. 352-ci V8, 4-bbl, auto. Old repaint shows several chips, nicks, and scrapes. Rear bumper chrome peeling off in sheets. Used car undercarriage shows that the body has been patched in several places—especially the rear quarters. Ooriginal leather seats replaced a long time ago with loosely-fitted vinyl seat kit. Lumpy original dash pad and console armrest, original door when it went past his $4,500 reserve. Hardly a minty time capsule, but still quite original. Chalk this up as more evidence that Corvairs are getting noticed in the marketplace—and buyers are willing to fight over the right ones. #S43-1961 CHEVROLET CORVETTE convertible. S/N 10867S104087. Red & white/ white/red vinyl. Odo: 85,846 miles. 283-ci 275hp V8, 2x4-bbl, 4-sp. Minimal prep work to respray over original paint. Base original paint and repaint have cracking around lower edge of windshield seal, and along body contours. Older rechromed bumpers, mostly original trim and stainless. Newer average-grade soft top. Engine bay generally glossy black, older repainted orange motor. Cheaply redone door panels starting

Page 91

Fantasy Junction 1145 Park Avenue Emeryville, California USA 94608 Phone: (510) 653-7555 • Fax: (510) 653-9754 www.fantasyjunction.com Investments in special interest, classic and high performance cars 1971 Ferrari 365 GTB/4. Two owner time capsule example. Great to drive with strong engine and sharp handling. 43,313 miles. Lovely original interior with excellent mouse hair dash. Full manual set, jack and tool case and records. $295,000. 1930 Chrysler Indy Roadster. Fun, exciting car with track performance to match Alfa Romeo 8Cs. Believed to be car constructed by Luis Viglione for Juan Guadino and run at Indy in'32 and “33. FIA papers pending. Excellent value at $159,500. 1967 Corvette 427/435 Roadster. Beautiful, fresh frame-up restoration. Gold Spinner winner. Matching numbers with original equipment including J56 brakes, F41 suspension, M21 suspension, 4.11 posi rear end and hardtop. Complete documentation from new and restoration photographs. $245,000 Serious Offers. 1991 Jaguar XJR-15, #020. Derek Warwick's Monaco winning car. Mechanically outstanding with very good race cosmetics with period graphics. Intersting and cost effective alternative to 956 and 962. V-12 with carbon fiber tub. $295,000.

Page 92

Mecum Auctions St. Paul, MN Column Author color combo to boot (the wagon, not me). But alas, my plans for ratty driver birthday bookend '64 Fords went awry when the thing went for stupid money. Even a dealer I know quit bidding and started shaking his head past the $7,500 mark. Very well sold. #S181-1964 PONTIAC GTO convertible. S/N 824P38430. Marimba Red/black vinyl/ white vinyl. Odo: 12,823 miles. 389-ci V8, 3x2-bbl, auto. Originally restored at least two decades ago. Light paint cracks at corner openings of trunk, blisters on quarter panels. Doors don't shut properly, side glass out of alignment. Idles horribly due to overly rich mixture, smells like gas even when shut off. Superficial cleanup of engine bay. Old redye job on door panels, cracked dash pad and seats. Cond: 4+. NOT SOLD AT $35,000. When old restorations unwind, they can be grotesque. This had to be one of the worst unwinds that I've ever encountered. I'd much rather have a barn find than this, simply because the barn find hasn't been messed with and would have much less of a chance of self-immolating. The consignor really should've taken the money and run. #S90-1965 CHEVROLET IMPALA SS convertible. S/N 166675J276334. Red/white vinyl/white vinyl. Odo: 34,066 miles. 396-ci V8, 4-bbl, 4-sp. Well prepped body, expertly applied repaint. Acceptable panel gaps, all bumpers and trim original and showing minor pitting. Sanding scratches to lower windshield trim, light cracking of vent window seals. Reproduction Rally wheels with Redline radials. 1970s vintage HEI distributor and ignition system, high-gloss engine paint. Odd dashboard color combination of red lower panel with black upper panel and dash pad. Newer top, seat upholstery, door panels, and carpet. Pitted console trim. Cond: 3+. NOT SOLD AT $24,000. This was a decent 20-footer, which also gave one the impression that it has had some color and component changes since 1965. Plenty bid for what it was. #S74.1-1965 CHEVROLET CORVETTE coupe. S/N 194375S121046. White/black leather. Odo: 31,113 miles. 327-ci 300-hp V8, 4-bbl, auto. Ordered new by a GM executive. Fitted with a/c, pw, pb, and telescoping steering 94 engine compartment, light pitting of most interior chrome and trim. Carpet faded and getting threadbare in driver's area. Older replacement door panels, dash pad, and seat vinyl showing minimal wear and aging. Cond: 3-. SOLD AT $23,100. This car surpassed its $21k reserve without too much difficulty. As a base-engine final-year 389 with an automatic and a color change, this was market price. A good cruisenight driver or light project for someone new to Ponchos. #S6-1967 CHEVROLET CAMARO RS/ SS coupe. S/N 124377L110855. Black/black vinyl. Odo: 93,374 miles. 350-ci V8, 4-bbl, 4-sp. Non stock pieces include '70s vintage Camaro steering wheel, Hurst shifter, in-dash bowtie AM/FM/cassette stereo, and triple gauge pack mounted under dashboard. Nicely prepped body, decent thick repaint. Door gaps OK, trunk and hood gaps varied. Mostly non-stock under the hood. Cosmetically quite clean. Cond: 2-. NOT SOLD AT $35,000. The seller claimed Sports Car Market column with teak wheel. Originally Goldwood Yellow, changed to generic white in the mid'70s. Paint lifting in crevices, such as drip channels and door jambs, body cracking in several places. Original chrome is serviceable, if mildly crazed. Interior has just enough wear to make it difficult to discern if it's a good original or heavily worn old re-pop. Odometer inoperative, speedometer works. Cond: 3-. SOLD AT $43,050. Last seen at Mecum St. Charles in June '07, where it didn't sell at a high bid of $42,000. Seen prior at Mecum's Des Moines sale in July '06, where it didn't sell at $41,000 (SCM# 42445). Not much had seemed to change when it was on the block here, and it was sold at just over its high bid from St. Charles. The deal was put together by the end of the day for not much less than its reserve on the block. #S71-1966 PONTIAC GTO 2-dr hard top. S/N 242176Z100488. Red/black vinyl/black vinyl. Odo: 62,523 miles. 389-ci V8, 4-bbl, auto. Pontiac Historical Services documented, originally gold. Factory a/c, ps, pb, pw, console, reverb AM radio, and Rally II wheels. Nice paint presentation outside, weak at door jambs and inner body panel gaps. Most exterior chrome either replated or replaced. Undetailed on console with some cracks in top cover. Older replacement seat upholstery, door panels, and carpet with moderate wear. Cond: 3. SOLD AT $17,850. As the Govier generated broadcast sheet and body tag decoding confirmed this car to be what it was, it was even easier to pick out the add-ons, and making this a more correct car would be pretty easy. Similar '67 R/Ts with cloudier pasts in similar condition have sold for more, so this was a good buy. I can almost hear Rosemary Clooney singing that old jingle: “extra value is what you get, when you buy Coronet.” #S193-1967 OLDSMOBILE 442 2-dr hard top. S/N 338177M128126. Dark aqua metallic/black vinyl/black vinyl. Odo: 24,446 miles. 400-ci V8, 4-bbl, 4-sp. Older mediocre repaint that this had been a calendar car for BarrettJackson, but didn't get into detail apart from heavily using the misnomer of the car being “Barrett-Jackson material”. Re-run later in the day as lot S125, which was also a no-sale at $31k. With a $45k reserve, the consignor needed to get off his Barrett-Jackson fixation and get back to reality. #S118-1967 DODGE CORONET R/T 2-dr hard top. S/N WS23L77215436. Maroon/black vinyl. Odo: 37,307 miles. 440-ci V8, 4-bbl, auto. Fitted with ps, 3.23 Sure Grip differential, tinted windshield, undercoating, and remote driver's door mirror. Thick old repaint with visible masking lines and red primer on vent window rubber. New bumper rechrome, other brightwork original and crazed, badly masked off non-stock black-out pattern on grille. Clean non-stock engine compartment. Original finish

Page 94

Mecum Auctions St. Paul, MN Column Author now has nicks and chips, although the shine is quite good. Chromed half headlight bulb covers are the best brightwork on the car, as all of the rest is original and mildly frosted or pitted. Aftermarket interior tidbits include a Sun tach clamped to the steering column, 1980s vintage AM/FM/cassette stereo in the stock location, rear shelf speakers, a pair of 2-inch diameter gauges neatly cut into dash trim, carpeted floor mats, a Hurst shifter, and a few performance parts stickers. Cond: 3. NOT SOLD AT $18,000. Built for speed, not for authenticity. The seller also noted that all of the stock engine bits would go with the car. Nice gesture, but who really wants used pistons and connecting rods, even if they are all circa 1967? I'm not sensing a real pent-up desire for most potential buyers to do this car back up to bone stock, but rather to keep it a runner. The consignor wasn't too far off the mark with a reserve just over the crest of $20k. #S33-1968 OLDSMOBILE CUTLASS 442 Replica convertible. S/N 336678M161298. Light blue metallic & white/white vinyl/white vinyl. Odo: 47,697 miles. 455-ci V8, 4-bbl, auto. Factory-type options include ps, tilt wheel, and AM/FM stereo. Mediocre repaint shows overspray in various locations and poor masking to door glass, vent window frames, and windshield frame. Rechromed bumpers, almost all emblems are reproduction pieces. OK, but with light orange peel in compound curves, mediocre masking, and slight overspray. Older, lower budget bumper rechrome. Good original emblems, pitted vent frames, ill fitting windshield trim. Engine shows an aftermarket performance intake manifold, ignition components, battery, and radiator cap. Brake pedal pad missing, no door lock plunger bushings fitted. Newer reproduction seats, carpet, and dash pad show minor wear. Cond: 3. SOLD AT $19,163. It shouldn't be too surprising to find out only one red California Special was made, since they were dealer specials built to move out the slower selling coupes. $20k seemed more like what I would've expected the car to do, but this was pretty darn close. #S157-1968 CHEVROLET CORVETTE coupe. S/N 194378S421670. LeMans Blue/ black vinyl. Odo: 54,228 miles. 427-ci 390-hp V8, 4-bbl, 4-sp. Factory big block with a/c, telescoping steering column, and wheel covers. Ancient repaint has a slew of nicks, chips, and scratches. Original chrome follows suit. Engine compartment somewhat grubby, nonstock engine bits include a Flamethrower coil, motor components either milled billet aluminum or chrome plated. Decent original-style interior includes well-fitted seats and nice carpet. Cond: 2. SOLD AT $27,300. This was quite a jump from stock under the hood, but this was still a very good deal for a well-built resto mod... and it was all the better because it wasn't modified in a way that was overly, ahem, unique to the builder. It will likely be quite easy to someday sell a well-built red Camaro that looks generally stock. Very well bought. Engine desmogged and fitted with aluminum valve covers and intake manifold. Door panels and top yellowing from age, older replacement seat upholstery starting to develop tears. Surface rusted top bows, heavily yellowed plastic backlight. Cond: 4+. SOLD AT $15,488. Per the seller's info sheet: “THIS CAR WILL GET YOU NOTICED.” True, but for all the wrong reasons. Simply put, a used hard and done on the cheap fakeydoo that didn't even have $15,488 worth of utility value. Well sold. #S98-1968 FORD MUSTANG GT California Special coupe. S/N 8R01C150267. Red & black/black vinyl/black vinyl. Odo: 79,396 miles. 289-ci V8, 4-bbl, auto. Marti report confirms it as the only red GT/CS. Older repaint performance distributor, and non-stock air cleaner with 427 emblem. Smog pump and emissions plumbing intact. Al Knoch replacement seats show light wear. Cond: 3-. NOT SOLD AT $22,000. The consigning dealer was pretty steadfast to me about this being a $30k car, and in the right condidion, it might have been. However, as it was, it pretty much died on the auction block at $22k. The seller made a hasty retreat off the grounds within fifteen minutes of being on the block. #S66-1969 FORD MUSTANG Mach 1 fastback. S/N 9F02H160423. Dark green metallic & gold/black deluxe vinyl. Odo: 41,156 miles. 351-ci V8, 2-bbl, auto. Minimal options include an AM radio and Sport Deck rear seat. Thick repaint has made dataplate on the driver's door jamb illegible, significant orange peel visible in several spots. Poor hood gaps, fenders #S79-1969 CHEVROLET CHEVELLE SS 396 2-dr hard top. S/N 136379A325451. Lipstick red pearl/black vinyl/black vinyl. Odo: 72,356 miles. 396-ci V8, 4-bbl, 4-sp. Featured in the main article and the on the cover of the January 1985 issue of Super Chevy magazine. State of the art 25-year-old repaint still holding up well, rechrome work still decent. Sanding scratches on rear window, freshly applied matte black undercoating. High-temp white painted Sport Deck. Dusty original dashboard and gauges. Cond: 3. SOLD AT $27,300. Minimally equipped, one minor step above the base level motor, and painted in perhaps the least desirable and most bland colors, the consignor did well to turn this first year Mach 1 loose at this price. Well sold. #S44-1969 CHEVROLET CAMARO SS Replica coupe. S/N 124379N620304. Red & white/white vinyl/white houndstooth cloth & vinyl. Odo: 5,188 miles. 350-ci V8, 4-bbl, auto. “Show car” quality body work, paintedon graphics decent. All new chrome, stainless trim, and weatherstripping. Engine and cylinder heads painted gunmetal metallic, remaining pinch in toward the nose. El cheapo bumper rechrome ripply and shallow, side window trim pitted. Reproduction carpet, door panels, and seat vinyl, with faded original carpet on folded 96 exhaust headers with smog pump tubes on the motor, MSD box on passenger side cowl, aftermarket race tachometer clamped to steering column. Cond: 3. SOLD AT $28,875. Last seen a month ago at the spring MidAmerica auction in Blaine, Minnesota, where it didn't sell at $23k (SCM# 45328). It proved to be worth the wait for the consignor, as this $25k car fetched him an extra $4k here. With the older mods that were done back in Reagan's first term, this was all the money in the world. #S45.1-1970 DODGE SUPER BEE 2- dr hard top. S/N WM23V0A100509. Blue metallic & white/white vinyl/blue vinyl. Odo: Sports Car Market

Page 95

Mecum Auctions St. Paul, MN C Orange & black/black vinyl/white vinyl. Odo: 43,426 miles. 426-ci V8, 2x4-bbl, 4-sp. Mileage claimed original. Featured in several Mopar buff magazines after it was restored over a decade ago. Excellent quality repaint and reskinned roof. Good quality rechromed bumpers, mostly original and generally good trim. Base-level 1,564 miles. 440-ci V8, 3x2-bbl, 4-sp. Noted by Govier as the first identified Six-Pack car in his Chrysler Registry. High quality body and paint work, good panel fit, redyed roof vinyl. Decent chrome mostly reproduction. Despite being a real Six-Pack car, it wears an Edelbrock intake manifold installed and painted when the motor was rebuilt. Engine still smells like gasoline. Otherwise, all is clean, looks stock, and is as neat as a pin. Most of the interior made up of recent reproduction components. Cond: 2-. SOLD AT $53,550. A frequent flyer with Mecum, as it appeared here last year at a nosale bid of $58,500, and was seen before that at Mecum Des Moines in July '06, where it didn't sell at $56,000 (SCM# 42285). The consignor had been looking for $65k, and I was getting sick and tired of seeing it pop up at more Mecum auctions than even I attended. I'm pleased as punch it finally moved down the road, and the seller clearly got a market price. #S119-1970 PLYMOUTH HEMI 'CUDA 2-dr hard top. S/N BS23R0B222674. Vitamin #S46-1973 DODGE CHALLENGER 2-dr hard top. S/N JH23G3B297050. Sublime & black/black vinyl/black vinyl. Odo: 10,505 miles. 318-ci V8, 4-bbl, 3-sp. Average quality repaint in an incorrect color for the year. All original chrome and trim pitted or lightly cloudy. Original motor with 4-bbl carb added on an aftermarket performance intake manifold. DIN-mount AM/FM/ CD stereo installed in stock radio location, older dashboard without a tachometer. Older replacement interior vinyl soiled and starting to yellow ever so slightly. Light wear to steering wheel rim. Cond: 2. NOT SOLD AT $250,000. Last seen at Kruse Scottsdale in January '93, where it sold at $38,750 (SCM# 5641). The consignor was perhaps hoping that those of us in fly-over country were thinking that Barrett-Jackson pricing still ruled the day for Hemi values. The market said $250k, the seller wanted at least $300k, and the car is consigned for Mecum's next sale in Des Moines. Anyone want to take bets on how it does out there? rear package shelf aftermarket speakers. Cond: 3-. NOT SOLD AT $17,000. As a commodity of a local used car dealer, this was previously seen at the spring MidAmerica auction a month earlier, there bid to a $19,000 no-sale. On this day, it was said to have a $20k reserve, but it was spotted in the local paper's classifieds the next week with a $22,500 asking price. All these prices were more than plenty for a car that had more than its share of issues. The next owner will probably pay for it with money from his after-school job. October 2007 97

Page 96

Mecum Auctions St. Paul, MN #S56.1-1973 CHEVROLET CORVETTE Column Author coupe. S/N 1Z37Z3S434461. Yellow/black leather. Odo: 75,026 miles. 454-ci 275-hp V8, 4-bbl, 4-sp. Factory options include a/c, AM/FM radio, and tilt/telescopic column. Nice door and hood fit, although not perfect. Fresh repaint decent, nose mismatched to the rest of body. Door glass seals stiff, other rubber OK. Excellent rear bumper rechroming, other trim still decent. Clean and somewhat detailed engine bay, although not to concours standards. Recently replaced leather seats, reproduction replacement carpet and dash pad, redyed door panels. Cond: 2-. NOT SOLD AT $23,000. Our man Rob Sass has been looking for a C3 of this era configured like this one. Our example here could've met his expectations, however, the consignor would like to see more out of it than anyone within earshot would be willing to pay for it. #S210-1975 CHEVROLET CORVETTE coupe. S/N 1Z37J3S412469. Dark blue metallic/dark blue vinyl. Odo: 89,590 miles. 350-ci 190-hp V8, 4-bbl, 4-sp. Original options include a/c, ps, pb, full tinted glass, and dealer installed luggage rack. Older repaint with uniform orange peel across roof panels, several chips throughout body and on door edges. Nose piece rippled and mismatched. Trim and glass OK. Driver's door handle sticks open. Heavier interior wear Chassis and engine compartment show superficial clean-up. Door panels siliconed in place. Seat cloth pulling off of padding on outboard bolsters. Cond: 4+. NOT SOLD AT $7,500. C4s are now about as cheap as you can get a Corvette, and this one whispered that it had been dealt with on the cheap for some time. The amount bid can be considered somewhere between correct and generous, and the selling dealer should have taken it. includes lumpy seats and carpet fading. Console T-bar pad doesn't match door panels or seats. Cond: 3-. SOLD AT $7,900. The dealers generally kept away from this car, due to its automatic transmission. However, someone got a reasonable deal if they are mechanically adept and are willing to do some work on the car. One could easily get out of balance at this price, but at least these are finally going up in value. #S197-1978 CHEVROLET CORVETTE Indy Pace Car coupe. S/N 1Z87L8S905610. Black & silver/silver leather. Odo: 33,243 miles. 350-ci 185-hp V8, 4-bbl, auto. Mileage claimed original. Very good original paint and graphics show only a couple of light chips on the nose and four light cracks to forward edges of the doors. Better than average original paint recently buffed. Original engine compartment 98 #S93-1988 CHEVROLET CORVETTE convertible. S/N 1G1YY3181J5113289. Bright Red/white/red leather. Odo: 17,392 miles. 350ci 240-hp fuel-injected V8, 4-sp. Optioned with Delco/Bose stereo, 4+3 manual transmission, and Delco-Bilstein shock absorber package. Original owner traded it in after two years, kept by the Chevy dealer until recently. Exceptionally grimy and in need of detailing. Some light wrinkling to both seat bottoms, moderate discoloration of steering wheel rim leather. Cond: 3+. NOT SOLD AT $16,000. This was one of the higher mileage Pace Cars out there, as it seems most were bought new as long-term investments rather than drivers. I own a 1978 vintage car with similar miles, and it keeps active enough to generally keep things from going sour from sitting, but still will throw you a curve ball, with things like dried out seals leaking once in a while. Rightfully a $20k car, but not a penny more in today's market. #S16-1987 CHEVROLET CORVETTE coupe. S/N 1G1YY2181H5111434. Red/red cloth. Odo: 85,200 miles. 350-ci 240-hp fuelinjected V8, auto. Quick repaint shows minimal prep work, with lots of orange peel and texture in areas that could not be buffed out easily. Door glass seals frayed and chewed up on both sides. Rear bumper dented near license plate recess. panel carpet getting loose, seat wear noticeable on driver's side as patches of high gloss leather at wear points. Good condition for a 97k mile car. Cond: 3. SOLD AT $11,813. Used car market price for a used car, plain and simple. Nicer ‘96s can easily be had if you really have to have a final year C4 for your collection. However, as an imported driver from the desert, this buyer could have definitely done worse—I've seen them, and I'm still in therapy because of it. #S228-1998 CHEVROLET CORVETTE Lingenfelter coupe. S/N 1G1YY22G6W5130404. Black/black leather. Odo: 36,062 miles. 383-ci 500-hp fuel-injected V8, auto. Full suspension kit with Lingenfelter alloy wheels. Most LPE body components installed. Superb paint, heavily tinted glass, highly well preserved original paint, top, and interior. Light flash rust specks on exhaust, driveshaft, and rear axle half shafts. Used car dealer gloss coating over entire engine compartment, black accessory floor mats worn, minimal scuffing of driver's seat bolster. Cond: 2+. SOLD AT $21,000. This was the final year for the odd 4+3 manual transmission, and the third for the reinstated convertible. The consigning dealer's buck per mile on the odometer reserve was quickly surpassed, as someone got a car that could likely become Bloomington Gold Survivor certified. #S205-1996 CHEVROLET CORVETTE coupe. S/N 1G1YY22P5T5118191. Bright Red/red leather. Odo: 97,211 miles. 350-ci 300-hp fuel-injected V8, auto. Good quality older repaint with a few light chips on the nose. Driver's door sits too far back on the body, body panels around it have several cracks forming. Fitted with a Dynomax exhaust system. Door detailed clean engine bay. Driver's seat has light wear to outboard bolster, more along the lines of faded leather dye. Remaining interior components like new with almost no wear. Cond: 2. NOT SOLD AT $26,000. Fastidiously cosmetically maintained, and continually detailed before crossing the block to the point of being annoying. Later, as it crossed the block, it was revved to the redline several times... At least it'll look nice enough to justify an engine swap after the motor lets go. Apart from being at the end of the auction, no one here was really interested. ♦ Sports Car Market

Page 97

What You Need to Know About Your Favorite Classic Car INSTANT DOWNLOAD ON DEMAND eith Martin, the editors of Sports Car Market, and Road & Track ave teamed up to assemble the uyer's Guide series of downoadable 40-page portfolios. ach contains the information you need as a buyer, seller, dealer, collector or enthusiast. • In-depth profi les • Original specs and prices • Current market values • Tables of recent sales and trends • What to look for when buying • Vintage advertisements and Road & Track road tests • View complete sample of a Buyer's Guide online Each booklet has detailed information describing what your classic was like when it was new, and what it's worth today. Available Guides • 1967–70 AMC AMX • 1964–67 Austin-Healey 3000 MkIII • 1967–69 Chevrolet Camaro • 1961–67 Jaguar E-type Series I • 1968–71 Jaguar E-type Series II • 1971–74 Jaguar E-type Series III • 1963–67 Chevrolet Corvette • 1968–72 Chevrolet Corvette • 1970–73 Datsun 240Z • 1971–74 De Tomaso Pantera • 1964½–66 Ford Mustang • 1955–57 Ford Thunderbird • 1962–67 MGB Mk I • 1955–62 MGA • 1956–59 Porsche 356 A • 1960–65 Porsche 356 B&C • Shelby Cobra • 1969–76 Triumph TR6 Just $12.95 each. See all the available titles and download yours today at www.sportscarmarket.com

Page 98

RM Auctions Lapeer, MI Column Author The McMullen Collection Almost everything in the catalog brought retail or above, again showing the strength of single-consignor sales Company RM Auctions Date June 9, 2007 Location Lapeer, Michigan Auctioneer Brent Earlywine Automotive lots sold / offered 83 / 83 Sales rate 100% Sales total $12,753,730 High sale 1931 Duesenberg Model J Tourster, sold at $1,485,000 Buyer's premium 10% (included in sold prices) 1930 Cadillac V16, a strong seller at $374k Report and photos by Dave Kinney Market opinions in italics I 'm a veteran of literally thousands of automobile auctions, but RM's sale of John McMullen's collection was the first of the modern single-consignor sales I've attended. We've all heard stories about similar sales with through-the-roof prices and new money chasing old money to see who can bring home the most toys, but unlike the way some have described it—a feeding frenzy of willing buyers—I found it to be more of an interesting exercise in emotions and desires. Yes, a good number of cars did get away at expensive to very expensive prices, but there were a few bargains in the mix, as well as some cars that were quite appropriately priced. Mr. McMullen was not getting out of the collect- ing game, merely paring down his purchases to a few of his favorites. During the sale, I did allow my mind to wander and guess at what his feeling would be upon waking up the morning after the sale. I'm sure he was disappointed in the values of a handful of cars, but I'm also sure he had to restrain a bit of a laugh for more than a few of the realized prices. As a no-reserve sale, everything on offer found a new home. A few of the less surprising results were found 100 among the oldest and newest cars on offer. Those cars that were Londonto-Brighton-eligible all did well, and among them there were few surprises. My favorites included a 1902 Curved-Dash Oldsmobile that sold for a now market-correct $66,000 and a 1901 U.S. Long Distance Type A runabout that sold for $46,750, which was possibly the lowest amount you could expect to spend to enter Lapeer, MI the Run. Almost everything in the sale brought retail or above, and the list of those cars was literally the run of the catalog. Some notable examples that brought jaw dropping prices included two Cadillacs: A 1957 Eldorado Biarritz convertible sold for $357,500, and a 1953 Eldorado convertible came in $5,000 short of half a million dollars—a record-shattering amount. If that was not enough, the car that sold one before the Cadillac, a '53 Buick Skylark convertible—brought the same money. Just think—two 1953 American production automobiles that together brought $10,000 short of $1,000,000. Other sales of note included a 1910 KRIT Four Model A roadster that raised $66,000, a 1930 Cadillac V16 Fleetwood Transformable Towncar that brought $374,000, and a 1931 Chrysler CG Imperial Dual Cowl phaeton that sold at an expensive but correct $572,000. The high sale of the day belonged to a 1931 Duesenberg Model J Tourster in excellent overall condition that brought $1,485,000—likely a few hundred thousand dollars better than it would have done just a few short years ago. Collection-based sales have had solid results over the last year, and this one was no different, with 83 lots totaling nearly $13m. In the auction market today, no one is doing this type of sale any more consistently or better than RM. The market currently loves them as much as the auction audience does, and the final totals achieved were a reflection of that. ♦ Sports Car Market

Page 100

Column Author RM Auctions Lapeer, MI CANADIAN #273-1975 BRICKLIN SV1 Gullwing coupe. S/N 00031BX5S002338. Red/black vinyl & houndstooth cloth. 351-ci V8, 2-bbl, auto. A customized Bricklin coupe. Original hydraulic doors have been replaced by conventional ones, extra gills added to the bodywork, spoiler fitted. Custom interior well done, but incorrect. Factory gauges replaced with whitefaced units, Grant GT steering wheel installed. Cond: 3. SOLD AT $29,700. As a general rule, originality counts on cars like Bricklins. It seems that half of the Bricklin production is for sale in any given year, but this is slowly changing, as many of the good ones have been snapped up into collections. A full price paid, and well over the top considering the modifications made. ENGLISH #274-1941 PLYMOUTH DELUXE coupe. S/N 11141036. Dark red/gray cloth. Odo: 693 miles. Just a bit better than average presentation. Good paint could present stronger with some careful detailing. Nice chrome, good glass, fresh gaskets. Nice interior is well throughout. The most basic of designs. Rear wheel chain drive, front steering, passengers mounted high. Cond: 1. SOLD AT $77,000. You might have remembered these as coming from Mercedes-Benz; a number of them were produced in celebration of the vehicle's 100th anniversary. In his August profile (p52.), Miles Collier assessed these as $50k vehicles all day long, and I'd have to agree. Well sold. done, but not all that special. Cond: 3+. SOLD AT $18,700. Today's example of a no harm done price on a highly-styled pre-war coupe. Plymouth was hitting their stride when the Second World War broke out, as its blend of popular price and attractive coachwork made the company a major automotive force. A market-correct result. FRENCH #211-1899 DE DION QUADRICYCLE. S/N 13586. Green/black leather. A fourwheeled motorized bicycle with room for a passenger in the front. Confused yet? Excellent and as new in all respects, no wear or bluing of any kind visible. Excellent presentation, fully pinstriped and ready for show. Cond: 1. 102 #256-1966 AMPHICAR convertible. S/N 106522755. Red/white vinyl/white & gray vinyl. Odo: 201 miles. Older restoration. Very good paint, some brightwork is dull in places. No problems found other than use and age wear. Very good interior in correct style. Cond: 2-. SOLD AT $77,000. The vehicle that swims like SOLD AT $77,000. These fully London to Brighton-eligible overgrown bicycles have a worldwide following. The good news: your front seat passenger is your crumple zone; the bad news: a modern compact could wipe out your investment in a parking lot incident. Price paid was fair in light of its condition, rarity, and event eligibility. GERMAN #213-1886 BENZ PATENT MOTORWAGEN Replica. S/N JBE120395. Dark green/black leather. As new, looks to have no miles. Built in England by John Bentley Engineering, who made these replicas between 1986 and 1997. Outstanding quality a car and drives like a boat strikes again. This price was right in the market-correct range at auction; privately, they tend to change hands for a bit less. The new owner might have overpaid a bit, but I'm sure he'll look better in this than a red Speedo. AMERICAN #252-1901 U.S. TYPE A Long Distance runabout. S/N 91. Light & dark green/black vinyl/black leather. A rear engine runabout built in Jersey City, NJ Very nice paint in handsome colors, excellently restored throughout. All-white tires help the presentation. Clean brightwork, nicely done interior with superb trim. Cond: 2+. SOLD AT $46,750. If you're looking for one-of-a-kind status in a London-to-Brighton-eligible runabout, it would be tough to do any better than this. Finding parts might be a problem, but hey, that's what your local blacksmith's shop is all about. Well bought. #245-1902 OLDSMOBILE MODEL R Curved Dash runabout. S/N 6785. Black & maroon/black leather/black leather. One of a series of early cars in this sale, the curved dash Oldsmobile is likely the best known early production American automobile. Very good all the way through, this old timer looked ready for its next jaunt down to the general store or blacksmith shop. Cond: 2. SOLD AT $66,000. Sold at the top end of its estimate, and with commission added, it was $6,000 over. The estimate was a bit light for this car in this condition, so the final sale price came as no surprise. Let's call this an average result. #258-1903 MARBLE SWIFT runabout. S/N 003. Red/black leather. RHD. Very good paint shows some slight orange peel and a few divots. Excellent brass, all trim well detailed. Sports Car Market

Page 102

RM Auctions Lapeer, MI Column Author restoration showing no major issues. Straight body work throughout, brass shows a few light dings to radiator surround. Includes a great set of Allite lights. The top shows the most on this car, all other trim is very good or better. Cond: 2. SOLD AT $66,000. Just the thing for a KRIT collector, should there be any of them left. An interesting, but hardly unusual or highpowered brass runabout. Nicely restored and very well sold. Nice seats, well detailed dash area. Cond: 2-. SOLD AT $82,500. A cute and small runabout said to be the only three-cylinder prototype example. Again, London to Brighton eligibility made this car much more valuable than had it been produced just two years later. The threecylinder engine was an unusual setup, but it likely provides more horsepower and a little bit more flexibility than the standard one-cylinder cars of the era. #225-1903 CADILLAC MODEL A ton- neau. S/N 1070. Burgundy/black vinyl/black leather. RHD. Four-passenger rear-entrance body. Full top for the front occupants. Well equipped with lots of options, including three brass headlights and side gaskets. Excellent wood trim to interior. Cond: 1-. SOLD AT $82,500. Very much the definition of a jaunty little runabout from the brass era, and it didn't hurt that it was red with black as well. At over twice the low estimate, it seemed a bit expensive, but still much less than the cost of its quality restoration. A good buy for the end user. #242-1915 OAKLAND 37 roadster. S/N throughout, top in show condition. Cond: 1. SOLD AT $148,500. The resurgence in brass-era cars seems to have trickled down to the horseless carriages. Two years ago the $90,000 top estimate would have been optimistic. This sale at close to $150,000 didn't seem like a bargain, it was more of an indicator of where the London to Brighton-eligible cars are moving in the market. #240-1910 KRIT FOUR Model A road- ster. S/N 2350. Light green/tan cloth/tan leather. Odo: 6,651 miles. A well-done older catalog described this as a roadster, but I think it would be more appropriately referred to as a speedster. Oakland was the name that preceded the Pontiac nameplate, and this car is said to be the last surviving example of its type. Worth the high bid for the serious GM collector. #251-1928 PONTIAC RUMBLE SEAT roadster. S/N P351248. Blue & black/tan cloth/tan leather. Odo: 37 miles. Older restoration. Very good paint with some age and use wear evident. Top shows some wear, chrome 104 Sports Car Market 372702. Gray/black cloth/red leather. Odo: 39 miles. A high quality older restoration with little use since. No issues to paint or brightwork, excellent top. Beautiful dash, leather, and floor boards. Cond: 1-. SOLD AT $104,500. The only 5,010 L29s built in four years of production. This older restoration still looked quite presentable, the paint being the major issue that needed to be dealt with. The front-drive L29 is a car that falls into the love or hate it category, as very few are without an opinion of its beauty. Expensive, but not a bad deal. #254-1930 CADILLAC V16 FLEETWOOD Transformable Towncar cabriolet. S/N 700492. Black/black vinyl/black leather & gray cloth. Odo: 1,477 miles. A very nice older restoration with some age starting to show. Light cracking can be found in well done paint, chrome all without flaw. Excellent leather to the driver's compartment, well done cloth to the rear. Cond: 2. SOLD AT $374,000. #216-1910 HUPMOBILE MODEL 20 runabout. S/N 13871. Red & black/black cloth/black leather. RHD. A very nice restoration. Excellent paint, excellent brass. Looks to be low miles since completion as no wear or chips can be found. Nice top, high-quality still good. Very nice leather seats front and rear, excellent trim throughout. Cond: 2-. SOLD AT $41,250. A happy alternative to a Model A for some, older Pontiacs are much rarer and this car had two more cylinders to boot. I think I might have been a bit happier had the car sold within the $25,000 to $35,000 estimate, but overall, no harm done. #246-1930 CORD L29 cabriolet. S/N FD2927175. Light & dark blue/dark blue cloth/off-white leather. Odo: 9,182 miles. Excellent paint, superb chrome and trim. Some unfortunate bubbling under the paint near the rear deck, otherwise no flaws visible in outer finish. Interior shows well, with good fit to leather seats. Cond: 2-. SOLD AT $231,000. One of 1,873 Cords built in 1930, and one of

Page 103

������������������������ 1959 Porsche Convertible D Race Car-Fresh Engine & Paint $69,500 1966 Austin Healey 3000 4 Speed with O/D $39,000 ����������� ������������������� ������������������� ������������������ ������������������ Too many modifications to list. $100,000 1953 Porsche 356 Outlaw 1987 Porsche 930 Turbo Blue/Blue 66k miles $34,900 1972 Porsche 911E California Car in Excellent Condition $38,000 1962 Austin Healey 3000 Tri-Carb $35,000 1954 MG TF 1973 Triumph TR6 Triple carb setup $15,500 Older restoration still in excellent condition-fresh engine rebuild-gas tank cleaned and resealed. $22,500 1969 Zink Formula Vee Cricket Farm Motor $11,500 wwwVisit our Web Site at .foreigncoachworks.com Vintage IMSA GTX Porsche/SVRA/HSR Legal-Make Offer 1986 Porsche 1987 Porsche 928 S4 Showroom New Concour Automobile $28,500 Omega Gold/Tan.New Brown Top New Springs, Shocks, Tires, Exhaust. $8,900 1984 TVR

Page 104

RM Auctions Lapeer, MI Column Author Pebble Beach Most Elegant Closed Car Award Winner and Second in Class in 1993, and if you saw it in person, you'd understand why. This one pretty much has it all for a 1930s rolling display of wealth. Not handsome, but certainly a car with a presence. A fair deal. #238-1930 CADILLAC V16 All-Weather phaeton. S/N 700991. Burgundy & black/black cloth/burgundy leather. Odo: 91,881 miles. Coachwork by Murphy. The restoration to this car, although a quarter of a century old, is holding up extremely well in all areas. You have to look quite hard to find any imperfections in the paint or brightwork. Inside shows just as well. TOP 10 No. 2 #262-1931 DUESUENBERG MODEL J tourster. S/N J444. Black/tan cloth/ tan leather. Odo: 61 miles. A well done restoration now showing age wear. Excellent paint, brightwork in good shape, in place, and correct. Whitewalls show some age, light stains to convertible top. Excellent interior, jewel-like finish to dash. Cond: 2. SOLD AT $1,485,000. I has some pinholes and needs replacing. Cond: 3+. SOLD AT $99,000. This one deserved a much closer look. I'll admit I thought the high estimate of $70,000 was way out of line. For this car in this condition to bring a grand less than $100 large was exceptional, and I don't think it will happen again soon. Perhaps not astonishing, but certainly eye-opening. guess the results are in after some slumping due to over supply in the marketplace. Duesenbergs have recovered, if not strongly, at least evenly. Selling at nearly the top end of its estimate, this handsome example did well—and likely a few hundred thousand dollars better than it would have done just a few years ago. #276-1931 FORD MODEL A roadster. Not brand new, but as close to no excuses as you would want. A magnificent car presented in magnificent condition. Cond: 1. SOLD AT $1,056,000. Despite all the hype, the ranks of million-dollar cars are still rarefied territory. This car was desirable from the day it was built, it had long passed its unpopularity period by the early 1950s. An absolute testament to the quality of its restoration. With only light recommissioning, this car might look this good twenty-five years hence. TOP 10 No. 6 #237-1931 CHRYSLER CG IMPERIAL Dual Cowl phaeton. S/N CG2737. Maroon/black cloth/ox- blood leather. Odo: 39 miles. Coachwork by LeBaron. Pebble Beach Class winner in 1994. A full and complete no-excuses restoration. Excellent throughout, with high-quality paint, chrome, top, and bright trim. A bit dusty in places, but easily detailed. Excellent interior well executed. Cond: 1-. SOLD AT $572,000. stored with some age, driver's door sits a bit low. Nice paint shows no issues, whitewall tires not yet yellowed. Cond: 2. SOLD AT $44,000. Everyone says Model As are back. If this result could be duplicated a few times, I would have to say they're back with a vengence. A well-done example, but certainly not the nicest in the world. This money will be tough to duplicate. #221-1932 FORD V8 cabriolet. S/N 18T72946. Dark blue/tan cloth/brown vinyl. Older restoration has very good paint with only minor chips and divots. Decent chrome and glass, nice detailing throughout. Older top When the worst you can say is “a bit dusty in places,” you probably are looking at a very nice example. The CG Imperial is arguably the most important Chrysler of all time, and it certainly stands in the same class as all of the great classic marques. I was very surprised to find this car's restoration was not fresh, as the quality of the job has let it age without revealing any flaws whatsoever. Expensive, but still well bought. 106 desire, Bantams have come up in the world over the past few years. As early micro cars, they have all kinds of visual appeal. To the modern eye, they look like a shrunken version of numerous other cars of their era. They are often prized members of collections that generally include many important (a.k.a. bigger) automobiles. This price will be very tough to duplicate anytime soon. Sports Car Market S/N A3230887. Blue/tan cloth/brown vinyl. Fitted with all the toys, including dual side mounts, grille guard, headlight visors, cowl lights, and wind wings. Rumble seat. As re- a First in Class at Meadow Brook in '00 after what was described as a complete concours restoration. Brought more than expected. The new owner paid a bit more than market, but in return he got an excellent example. #267-1939 AMERICAN BANTAM road- ster. S/N 6379063877. Burgandy & red/tan cloth/tan leather. Odo: 157 miles. An overthe-top restoration, easily one of the best ever seen. Excellent bodywork shown off by highly detailed paintwork. Chrome is without visible flaws, glass nice. Well-done cloth top shows no dirt or stains. Leather shows well, all interior components are top notch. Cond: 1. SOLD AT $60,500. From auction also-rans to objects of #224-1937 CORD 812 SC phaeton. S/N SC81232013H. Black/tan cloth/brown leather. Odo: 77 miles. Older restoration with decent hard goods. Only the soft top shows signs of age and wear. Excellent paint and brightwork, very good glass, superb trim. Interior unworn, with excellent leather and a nice dash. Cond: 2+. SOLD AT $297,000. Both attractive and good looking, the coffin-nose Cord's design has truly stood the test of time. This car won

Page 106

RM Auctions Lapeer, MI C uthor Alfa Bits Recent Il Biscione sales on eBay by Geoff Archer (All creative English within quotes exactly as presented by sellers on eBay.) #150141516785-1955 ALFA ROMEO 1900 Barchetta Conrero roadster. S/N 17283. Red/black. 18 Photos. Belgium. “Alloy Body, Borrannis Wheels, twin plugs. New Electric system, new carpets. Engine Rebuilt, Drums Brakes. Very Good Condition. Car in Italy.... If car sold, only a deposit #241-1941 CADILLAC SERIES 60 towncar. S/N 6343167. Black/black vinyl/ black leather & black cloth. Odo: 99,873 miles. Coachwork by Derham. Excellent paint, brightwork, trim, and glass. No visible flaws noted to coachwork, the interior is another high spot with excellent fit to matte-finish leather in front. Very cool and unusual black cloth to passenger compartment. The first owner was Bette Davis, so I guess we don't have to ask if it's and grandparents had to work with in an emergency vehicle. Well bought and sold. will be ask, the sold will be paid when car is with the shipping company.” 137 bids, sf 13, bf 169. Cond: 3. SOLD AT $200,100. Seller, www.classicscars.com, is known for inventory heavy on Etceterini. (inventorini?) These pictures are pathetic, and eBay is an odd venue for a Mille Miglia-eligible car. One might then think this was a steal, but that's not likely with an expert seller. #220131492052-1960 ALFA ROMEO GIULIETTA Sprint coupe. S/N 149324148. Red/black leather. Odo: 86,914 miles. 16 Photos. “Vintage Rallied in Europe before I bought it....Strong runner with FIA papers.” Webers fitted. “New wool carpets, restored gauges, Cobra seats, helmet storage rear #220-1953 PACKARD CARRIBEAN convertible. S/N L411858. Burgundy/tan cloth/White & brown leather. Odo: 28,491 miles. 327-ci straight 8, 2-bbl, auto. Excellent paint shows some cracking where hood scoop meets hood. Chrome nice as well, aside from been smoked in. Cond: 1. SOLD AT $198,000. An excellent and well-known history, celebrity ownership, and the Cadillac and Derham nameplates all combined to make this an exceptional motorcar. Not the most beautiful of all body styles, but still handsome. Sold at midestimate money, and I'd say this one was worth the high bid. Unlike many postwar towncars, this one was not too big... let's just say it was Bette Davis size. Well bought. #279-1949 PONTIAC SILVER STREAK shelf, full roll cage and as new steering wheel. Running gear is stock..” Truckee, CA. 13 bids, sf 260, bf 41. Cond: 3. SOLD AT $21,789. A practical entree to so many different automotive driving events, I say well bought while focusing less on what it was and more on what you can do with it. #180140484828-1959 ALFA ROMEO 2000 spider. S/N AR1020400407. Red/black/black. Odo: 60,973 miles. 24 Photos. Ft. Worth, TX. “The boss has decided to thin out his collection of over 50 cars (classic and some newer cars).” Description incorrectly cites SCM and mentions two prior sales at physical auction. “The car continues to present and drive well.” Condition inferred sedan delivery. S/N F6RS13303. Burgundy/ gray vinyl. Odo: 861 miles. Excellent everywhere. Mirror-smooth paint, several small dings in beltline brightwork keep it from being perfect. Interior is fully furnished in vinyl that one strange flaw in side crest. Well done interior features excellent seats, steering wheel, and dash. Cond: 2. SOLD AT $77,000. Last seen at Kruse Auburn in September '92, when it didn't sell at $35,800 (SCM# 16082). This was one of the rare cars here that sold between its high and low estimate, as most cars went well above. Caribbean buyers seem to like either the early body styles such as this or the later ones, but not both. As a non-Caribbean owner, I'll take either one, as they both represent '50s luxury styling. Well bought. stretches from top to bottom in the panel areas. Cond: 1-. SOLD AT $52,800. I'm a sedan delivery fan, and I must say that this Pontiac was as unusual as it was nice. The price paid says a lot, fully $12,000 above an aggressive high estimate. Still, well bought considering its condition and rarity. from SCM database. 16 bids, sf 46, bf 24. Cond: 3+. SOLD AT $37,350. This very car sold for $45,475 at RM's Boca Raton sale in Feb '04 60,249 miles (SCM# 32253). It was bought by this owner at RM's Monterey sale in August '05 for $35,750 with 60,868 miles (SCM# 35750). OUCH in 3 directions: 1) eBay pulls more than a Monterey auction (albeit 11 months later), 2) Who knew old Spiders had tanked by 25%?, and 3) our eBay winner will soon find out why nobody drives this thing anywhere before reselling it. ♦ 108 #239-1953 PONTIAC CHIEFTAIN ambulance. S/N P8XS5736. Red/red & gray vinyl. Odo: 56,562 miles. 268-ci straight 8, 2-bbl, auto. Good paint, decent chrome shows a few flaws. Ambulance kit complete, with lights, sirens, and a stretcher. Interior not correct, but still nice. Decent seats, door panels, and carpet. Cond: 3+. SOLD AT $41,250. A lucky survivor, as many of these were driven hard and put away wet. Working vehicles like these are fun to take to shows, as they serve as a direct tie to times past. It would also give a modern EMT a glimpse into what their parents #226-1953 OLDSMOBILE FIESTA convertible. S/N 539M41579. White & blue/white vinyl/white & blue leather. Odo: 10,047 miles. 303-ci V8, 4-bbl, auto. Nice older restoration, but not to the quality of a number of other cars on offer at this sale. Driver's door actually sits in where the body meets; a nice change from bowed-out doors normally seen, but still wrong. Very good older paint, excellent chrome. Interior has some wear and scuffing, but all components are still good. Cond: 3+. SOLD AT $242,000. I'm sure someone would Sports Car Market

Page 107

RM Auctions Lapeer, MI be happy to start an argument pertaining to this car's condition, I looked it over carefully enough to stand at 3+, which we are going to call “nice... but.” Just a year ago, this money would have been hard to fetch for a #1 car. Very well sold. TOP 10 No. 9 #227-1953 BUICK SKYLARK convertible. S/N 16747635. White/white & black leather. Odo: 33,203 miles. 322-ci V8, 4-bbl, auto. Excellent paint, all trim well fitted. Chrome shows no wear or scratches anywhere. Underhood well detailed in gloss black. Interior shows some wear, with usually represents the ultimate even if fewer of the Fiestas were built. Astoundingly expensive. Speaking of Grand Slams, how many Denny's breakfasts would this buy? #233-1955 CHEVROLET BEL AIR convertible. S/N VC55F143116. Red/tan vinyl/ white & red vinyl. Odo: 28 miles. 265-ci V8, 4-bbl, auto. A nicely restored example. Some light waviness to the bodywork in places, finish work could be better. Excellent paint, excellent chrome and trim. Underhood is well detailed and correct. Interior top notch. Cond: 2-. SOLD AT $71,500. As one of the few cars at this sale that brought under the estimates, weak door panels in places. Cond: 2 -. SOLD AT $495,000. The sale price you just read is not a misprint; throw in $5,000 for a wash job and you're at a cool half mil. If irrational exuberance was the best description of Mr. Greenspan's over-inflated stock market, I can't even begin to think of what to call this. #229-1953 CHEVROLET CORVETTE roadster. S/N E53F001157. Polo White/black cloth/red vinyl. Odo: 98,431 miles. 235-ci 150hp straight 6, 3x1-bbl, auto. Nice presentation. Good and correct color to the paint, gaps are good but not excellent, which is correct for an early ‘Vette. Clean underhood, but not overdone. Restored to as-expected quality. I'm sure the new owner must be wondering if his car has some hidden problems he didn't see. I saw this as a well-bought example at a sale where few things went anywhere near close to cheap. #257-1956 PACKARD CARIBBEAN convertible. S/N 56991224. White, red, & brown/white vinyl/white, red, & brown leather. Odo: 7,187 miles. 352-ci V8, 2x4-bbl, auto. World class paint is as close to perfect as I've recently seen. Excellent chrome and trim, nice side glass, replacement windshield. Well fitted soft top is correctly grained. Excellent Cond: 1. SOLD AT $440,000. 1953 was the first year of production for Corvettes, and these were the only models built in Flint, Michigan. The $125,000 to $175,000 estimates seemed a bit light with current prices in mind, but this price was over the top even considering this car's condition. No, Elvis didn't have a tryst with Marilyn in the front seat, it was just sold expensively. TOP 10 No. 10 #228-1953 CADILLAC ELDORADO convertible. S/N 53637781. White/red leather. Odo: 60,647 miles. 331-ci V8, 4-bbl, auto. Excellent paint and brightwork. Very good gaps on a car notorious for bad hood fit at the triangle where it meets the door and fender. Light wear to excellent interior. Cond: 2+. SOLD AT $495,000. One of 553 built. For the collectors of the so-called Triple Crown or Grand Slam ('53 Eldorado, '53 Buick Skylark, and '53 Oldsmobile Fiesta), the Cadillac October 2007 interior shows little wear. Cond: 2+. SOLD AT $132,000. An over-the-top price for an over-the-top restoration. These cars do crack the $100,000 mark in #1 condition, and with some recent price increases in '50s cars, over $100,000 for #2 is not quite as much of a shock. This price will be tough to duplicate, at least for a while. #260-1957 CADILLAC ELDORADO Biarritz convertible. S/N 5762053757. Red/ white vinyl/red & white leather. Odo: 72 miles. 109 365-ci V8, 2x4-bbl, auto. Glass-like paint, factory a/c, excellent body work excepting one door that bows out 1/8th inch at bottom. Great chrome throughout. Top slightly dirty, but showing excellent fit. Interior shows nearperfect leather and a beautiful dash. Cond: 1-. SOLD AT $375,500. We kmow that the Biarritz convertible was the top of the pecking order in 1957, and when done well, we know they are a beautiful piece of rolling sculpture. What we didn't know was that they could bring this much at auction—easily $200,000 above what might have been expected. Well sold. #223-1958 BUICK LIMITED convert- ible. S/N 8E6019709. Copper/white vinyl/offwhite leather. Odo: 37,679 miles. 364-ci V8, 4-bbl, auto. Paint shows some color variations between hood and fenders in otherwise excellent finish. Nice chrome, unmarked glass and gaskets. Interior shows well, with well fitted leather seats and a beautiful dash. Cond: 2+. SOLD AT $236,500. Last seen at RM's Amelia Island sale in March '03, where it sold at $110,000 (SCM# 30608). One of 839 built. Another big dollar result, and way more than I expected considering the evident repaint work. Forgetting that, this was a beautiful car, and would be an integral part of any serious '50s collection. Beautiful, but perhaps in the way a Wurlitzer jukebox is attractive. #259-1960 PONTIAC BONNEVILLE convertible. S/N 860W6504. White/white vinyl/red & brown leather. Odo: 47,907 miles. 389-ci V8, 3x2-bbl, auto. Factory a/c. Very good paint, excellent brightwork. Very light fit issues to the top are not enough to cause worry. Excellent interior, chassis and engine compartment better than new. Cond: 2+. SOLD AT $170,500. Great equipment as well as nice

Page 108

RM Auctions Lapeer, MI Column Author presentation almost always guarantee a winner at auction. This car had plenty of both, and the result was nothing short of astonishing. Fully $50,000 more than I might have expected, possibly even a bit more than that. This should provide impetus for any owner with a 1960 Bonneville convertible that has needs to get his restoration started. #248-1961 CHRYSLER 300G convert- ible. S/N 841313182231. Red/white vinyl/tan leather. Odo: 43,893 miles. 413-ci V8, 2x4bbl, auto. Paint well applied and finished. Brightwork appears without flaws, top well fitted. Interior is well done, with excellent leather. #2- instead of a straight #2. Yes, it was triple black, and yes, it was a Tri-Power. However, at a full $186,000 over the estimated high bid, one can only guess that two people wanted this car badly. Really badly. #263-1967 PONTIAC GRAND PRIX convertible. S/N 26677X116351. Red/white vinyl/white vinyl. Odo: 5,937 miles. 428-ci V8, 4-bbl, auto. Excellent quality repaint with no bodywork flaws noted, nice chrome and stainless brightwork. Well equipped with a/c, 8-lug wheels, 8-track tape player, and hoodmounted tach. Nicely done interior features excellent vinyl, carpets, and dash. Cond: 2. All chrome trim outstanding. Underhood is fully and correctly detailed, but not overdone. Cond: 2+. SOLD AT $110,000. With both great condition and great colors I might have thought this car would go above the $120,000 high estimate; as it happened, this car will have to go into the well bought column. #270-1964 CHEVROLET CORVAIR Monza Spyder convertible. S/N 40667W228743. Red/white vinyl/red vinyl. Odo: 21,493 miles. 164-ci turbocharged 6cylinder, 4-sp. A nice car with cosmetic issues. Older paint really hurts here. Decent older chrome shows well, glass nice, top clean and SOLD AT $82,500. One of 5,856 built, with an original sticker price of $3,813. Presented as an original-miles car in the catalog, or at least with condition consistent to the odometer reading. Equipped with great options, and the color could not have hurt much either. More than double what might have been expected at another venue... Another extremely well sold automobile. #275-1970 PONTIAC GTO convertible. S/N 242670P193081. Red/fawn vinyl/fawn vinyl. Odo: 40,000 miles. 455-ci V8, 4-bbl, auto. Fully restored, presents as new. Original down to the tires. Excellent paint, some light flaws to brightwork, unmarked glass. Spotless well fitted. Decent interior had no “pop,” but it's still nice. Cond: 3+. SOLD AT $51,700. I thought the estimate of $20,000 to $30,000 was way over the top in terms of optimism... little did I know. My best guess was to assume that hidden somewhere in the car were diamonds, gold coins, or crisp hundred dollar bills; otherwise, I don't see the value here. Very well sold. #222-1965 PONTIAC GTO convertible. S/N 237675P173948. Black/black vinyl/black vinyl. Odo: 67,018 miles. 389-ci V8, 3x2-bbl, 4-sp. Said to be factory triple black. Excellent paint with no visible flaws. Brightwork better than new. Perfect fit to convertible top, interior is as new with excellent seats and dash. Cond: 2. SOLD AT $286,000. Nothing short of a jawdropping result. It was nice, but it was no #1 car, and I was even teetering on calling it a 110 Excellent paint, all trim and brightwork as new. One of perhaps five Trans Ams known still in the wrapper from this era. Very good equipment includes mirrored silver T-tops. Cond: 1-. SOLD AT $57,750. I'm feeling much better about my '79 Trans Am since watching this one sell. Some of the auction attendees thought the $30,000-$40,000 pre-sale estimate was outrageously high; today, the market thought this car this nice was worth close to $60k. #230-1979 PONTIAC TRANS AM kammback. S/N 2W87K9L180562. Silver/red vinyl & cloth. Odo: 36,540 miles. 403-ci V8, 4-bbl, auto. Coachwork by Pininfarina. Fully restored. Excellent paint, as new brightwork and trim. One broken side glass to the Kammback, but the seller has an extra. Unlike the later Kammback, this car has additional bodywork to create the look, not a pop-on back. Very good interior shows no excessive wear. Cond: 2-. SOLD AT $154,000. One of two prototypes built with help of Italian design and coachbuilding firm Pininfarina. Fully restored and still looking good; if there was any age wear it was well hidden. One-off cars are rather notoriously hard to price. In a few years, this might look cheap... in a few dozen years, it certainly will. #234-1981 PONTIAC TRANS AM The Bandit Special Edition coupe. S/N 1G2AW87T5BN117682. Black & gold/gold cloth. Odo: 69 miles. 301-cu turbocharged V8, 4-bbl, auto. As new with original miles. Excellent brightwork, no issues to repaint on the exterior except for one or two areas where gold trim has flaked loose. Underhood nice, all-GM engine compartment. Interior shows well, with good fit to the seats. Carpets wrinkled in places, 8-track tape player in console a nice touch. Factory hood-mounted tach. Cond: 2-. SOLD AT $90,750. Selling for one-third above the high estimate, this well-optioned example pretty much had it all, including the right colors and a complete restoration. #218-1979 PONTIAC TRANS AM Silver Anniversary coupe. S/N 2X87K9L142029. Silver/silver leather. Odo: 38 miles. 403-ci V8, 4-bbl, auto. As new, miles are original. but will need a full detail to bring to show condition. Cond: 1-. SOLD AT $93,500. At first believed to have been purchased by Detroit's own Kid Rock, who seemed at home among the crowd in Lapeer. There can't be more than a handful of Smokey and the Bandit-style Trans Sports Car Market

Page 109

Ams left in as-new condition, and this 69-mile example had the honor of being sold just a few days past the 30th Anniversary of the movie's release. #280-1983 PONTIAC TRANS AM Daytona 500 25th Anniversary Special Edition coupe. S/N 1G2AW87S1DN210791. White/gray leather & cloth. Odo: 71 miles. 305-ci fuel-injected V8, auto. Another as-new Pontiac. Miles claimed original. More orange peel than expected in factory done paint and trim. Some windshield glass delamination Museum Spotlight by Jennifer Davis The EX in the VIN stands for experimental; meaning you have very little hope of driving this on the street unless you have a dealer plate. For collectors of one-of-a-kind experimental and prototype cars, this was a rare late model escapee. Well bought and sold. #271-1988 PONTIAC FIERO GT coupe. S/N 1G2PG1196JP218745. Red/tan cloth. Odo: 64 miles. T-top coupe, miles claimed original. Factory paint and brightwork still decent under close inspection, assuming you can live with a little orange peel in places. Interior is as new, with untouched carpets and no wear to seats. on the passenger side, as-new interior sports Recaro seats from the factory with no wear issues noted. Cond: 2+. SOLD AT $26,400. If this sounds expensive, remember it's a brand new, 25-year-old car in time-warp condition. I probably will have to go on the defensive here when challenged, but I think this car was extremely well bought. Not my favorite bodystyle and not my favorite year, but still one that will count in the future. #277-1984 PONTIAC FIERO Indy Pace Car coupe. S/N 1G2AF37R3EP255804. White/gray leather & red cloth. Sunroof coupe, miles claimed original. As new, with no touchups or flaws found. Paintwork very good, but nowhere close to perfect. Blackout trim shows no issues, tires as-new. No wear visible in close RM Auctions Lapeer, MI National Automobile Museum T Cond: 1. SOLD AT $22,000. I'm not a big Fiero fan and I'm certainly not going to call this well bought, but I won't call it stupid money either. I did think this car could reach the upper teens, and a few thousand more wouldn't have been too much of a stretch. If you wanted a new '88 Fiero, you missed your chance. #272-1994 PONTIAC TRANS AM 25th Anniversary coupe. S/N 2G2FV22P9R2238883. White & blue/white leather. Odo: 858 miles. 350-ci fuel-injected V8, auto. Mileage claimed original. All factoryoriginal, paint on trim pieces starting to discolor. Typical GM orange peel issues throughout, blackout trim excellent. Interior is without wear in white leather—a miracle even at these to perfect interior. A time warp, but not from too far ago. Cond: 1. SOLD AT $22,000. One of two no-miles Fieros at the sale, this early example with Indy Pace Car livery was likely the one to have. Bought for MasterCard money, it's not a car that will count in the pantheon of all-time greats... but it will be a car that matters someday. #265-1985 PONTIAC TRANS AM Experimental kammback. S/N 000EX4796. White/gray leather. Odo: 36,212 miles. 305-ci fuel-injected V8, 5-sp. A one-off experimental Kammback. Fully restored, with excellent paint, trim, and details. Superb glass, no exterior issues noted. Inside is well done in leather, headrests done in cloth. The “trunk” area is fully refurbished and fitted as an interior storage compartment. Cond: 2-. SOLD AT $66,000. One of the better buys at this auction, but only for the long-term investor or museum. October 2007 miles. Cond: 2+. SOLD AT $27,500. Don't let the 2+ condition rating confuse you... it was just a major detail job away from being a 1-. Again, a good long-term buy and hold, pricey if you consider that you could replace the car with another higher-mileage example for quite a bit less. Still, this was a great opportunity for a serious Pontiac collector to get his hands on a car that might be worth a bundle someday. ♦ he National Automobile Museum sits on the banks of the Truckee River in Reno, Nevada. Walking in offers a welcome respite from the constant clattering of the casinos, and is like stepping back in time. The museum displays over 200 cars in four period street scenes, with cars dating back to 1892. The museum itself opened in 1989, and the collection it houses once belonged to gaming tycoon Bill Harrah. Upon his death in 1978, Harrah's heirs sold the casino network and car collection to Holiday Inn's parent company, which culled the best of the collection and began selling it off. In 1987, a California consortium paid $28.7 million for the 82 top vehicles, including a Bugatti Royale. Reportedly, the top culls brought enough money to cover the purchase cost of the Harrah empire. Many Nevada residents spoke out and called for the remainder of the collection to remain in the state. In 1981, then-governor Robert List convinced the Holiday Corporation to donate the collection, and the gift was, at that time, the largest act of corporate philanthropy ever in the U.S. Unique The museum hosts Trick or Treat in the Streets every year. Kids enjoy the not-soscary haunted house, games, and even a pumpkin patch, all amid the classic cars of the museum. Where 10 South Lake St, Reno, NV 89501 775.333.9300; www.automuseum.org What Over 200 vehicles located in a 105,000- sq-ft building and a large automotive research library. Hours Mon–Sat, 9:30 am to 5:30 pm Sun, 10 am to 4 pm Closed Thanksgiving and Christmas Admission Members: Free; Adults: $9; Seniors 62+: $7; Kids 6–18: $3; Kids 5 and under: Free. ♦ 111

Page 110

Kensington Bridgehampton, NY Column Author Hamptons Auto Classic At one point the color commentator read from his prepared notes that “the car has never been driven in the rain”—and he quickly added “until today” Company Kensington Motor Group Date June 9, 2007 Location Bridgehampton, New York Auctioneer Scott Adcock, James Pendleton, Michael Adcock, and Justin Highley Automotive lots sold / offered 17 / 55 Sales rate 31% Sales total $410,025 High sale 1967 Alfa Duetto, a good deal at $6,600 Report and photos by Donald Osborne Market opinions in italics A Saturday in June at a swank beach resort conjures up images of sun, sand, surf, light sea breezes, and cocktails on a terrace with a broad umbrella overhead. At this year's Hamptons Auto Classic auction, there was indeed sun over the town of Bridgehampton, New York, but it just happened to be well above the thunderstorm clouds that dumped near biblical rain across the south fork of Long Island on June 9, just hours before the sale was to begin—and the umbrellas weren't shading cocktails. A fair sized crowd was on hand at the start of the proceedings, and it seemed as if things would go well in spite of the uncooperative weather. However, as the sale progressed and the rain continued to fall, the challenges of the battle with the elements began to assert themselves. All but a few of the lots were staged outside and driven across the front of the tent to be sold. The rain flowing across the field and into the ground under the tent quickly made negotiating the drive in and out somewhat perilous as deep ruts in the mud began to form. At one point the color commentator, introducing one car, read from his prepared notes that the “car has never been driven in the rain”—and he quickly added “until today” as the mud-splattered vehicle slid onto the sale area. The assortment at the sale was a mixture of the expected and the unusual with the Hamptons favorite 112 1953 Jaguar XK 120 roadster, sold at $93,500 Buyer's premium 10% Bridgehampton, NY Mercedes-Benz leading the count with no fewer than twelve on offer. Rather more unusual was a superbly restored 1926 Ford Model T pickup, an equally lovely 1937 MG TA, and the star lot, a rare 1949 alloy Jaguar XK 120 in full vintage race trim. Unfortunately, the alloy Jaguar failed to sell with a high bid of $117,500. The TA also didn't find a new home, with the bidding petering out at a clearly insufficient $24,000. The Model T fared rather better, bringing a strong $19,800. The high sale of the day did go to another Jaguar, this one a nicely restored 1953 XK 120 roadster that realized $93,500. Rounding out the top five sales was my favorite, a rare 1955 Alvis TC21/100 drophead coupe. I had plans to add it to my collection had the price been right, but my hopes went unfulfilled when perhaps the most energetic bidding of the day pushed it up to a market-correct $34,100. One can't be in the Hamptons without a celebrity component, and that was fulfilled by a 1966 Morris Mini Traveller consigned by the “Today Show” host Matt Lauer. A local resident, he was on hand with his two children at the Friday preview but did not attend the sale. In spite of the announced celebrity ownership, his little red woodie stalled at $11,000 and went back home to him. It must be frustrating for the Kensington Group to continue to put on auctions that don't quite come off, and one has to admire their sheer persistence in sticking to their goals of providing another outlet for collectors in the Northeast to buy and sell cars at auction. Even against the 2006 volume of $581k and 40% sell through, this year's numbers were not encouraging. Perhaps next year the sun will shine, both literally and figuratively, on this sale. ♦ Sales Totals $300k $600k $900k $1.2m $1.5m 2007 2006 2005 2004 2003 Sports Car Market

Page 112

Kensington Bridgehampton, NY Column Author ENGLISH #41-1949 JAGUAR XK 120 Alloy racer. S/N 670025. Britsh Racing Green/brown leather. Odo: 10,559 miles. Variable panel fit. Older paint shows plenty of chips and wrinkles. Freshly chromed wheels, decent exterior trim. Very worn wraparound racing bucket seats, cracking paint on instrument panel. Later 3.8 but it didn't quite make it to the top level. Well bought, as a bit of sorting will likely make it much better. #24-1955 ALVIS TC21/100 drophead coupe. S/N 25755. Silver & blue/gray vinyl/ red & gray leather. RHD. Odo: 56,689 miles. Excellent panel fit. Shiny paint shows cracking on trunk lid, touched-up chips, rubs, and some corner stress cracks. Very good chrome, interior shows great wood and some sagging of door Premier removable cassette stereo. Cond: 3-. NOT SOLD AT $47,000. The SIII E-type is a fabulous touring sports car, and interest continues to grow in the model. This one showed more wear than the indicated mileage would warrant, but it still presented well in good colors. The high bid was appropriate to sell, but the seller wanted more. #12-1979 MG B convertible. S/N GHN5UL4879359. British Racing Green/black vinyl/black vinyl. Odo: 49,040 miles. Variable panel fit. Older paint dull and showing subsurface sanding marks. Weathered bright trim and rubber bumpers. Good original interior slightly dirty. Weber carbs, chrome luggage rack, and engine, chassis replaced. Cond: 4+. NOT SOLD AT $117,500. A rare early alloy 120 with much vintage racing history. The star lot of the sale. As a tool to be used, the chassis work and engine replacement made sense... but as a historical document, it left a bit to be desired. A bid $15k-$20k higher would have put it in the proper range. #1-1951 MG TD roadster. S/N TD8349. Red/black canvas/brown leather. Odo: 6,068 miles. Nice panel fit, decent paint has a few visible touched-up chips. Chrome shows a bit of waviness on the radiator shell, well done elsewhere. Very good interior had some small panel trim. Cond: 3. SOLD AT $34,100. Last seen at this same venue in '03, where it didn't sell at $24,000 (SCM# 31339). A handsome and rare drophead Alvis, and the last of the “pre-war” style. I loved this car and wanted to go home with it in the worst way, but as strong bidding drove it to where it should sell, I went home empty handed. Priced exactly right. #42-1961 JAGUAR XKE convertible. S/N 875330. Red/tan canvas/beige leather. Odo: 84,878 miles. Very good panel fit, excellent paint and chrome. Wire wheels as new, chassis and engine compartment spotless. Very good interior shows a bit of soiling on metal console tonneau cover fitted. Cond: 4+. SOLD AT $6,050. This was a well-used rubber-bumper B. Nothing more, nothing less. About six grand was exactly where these cars sell, and with its needs, the consignor was smart to let it go without regrets. #25-1989 ASTON MARTIN V8 Vantage convertible. S/N SCFCV81C7KTL15709. Mercedes Impala/parchment Everflex/parchment leather. Odo: 23,804 miles. Excellent panel fit. Very good original paint shows a few small chips on door edges and mirrors. Creased cracks in steering wheel. Later aftermarket driving lights fitted. Cond: 2-. SOLD AT $22,000. A very nice driver-quality TD, ready to use and enjoy. This price was right on the money, so both the buyer and seller should be pleased. #27-1953 JAGUAR XK 120 roadster. S/N S677128. British Racing Green/beige canvas/ beige leather. Odo: 76,410 miles. Variable panel fit, door edge gaps wide at rear on both sides. Very good paint has a few stress cracks. Excellent chrome and interior, clean engine compartment. Cond: 2. SOLD AT $93,500. Lots of money was spent restoring this car, trim. Later radio blanking plate. Cond: 1-. NOT SOLD AT $85,000. A beautifully presented welded louver, outside latch, flat-floor E-type convertible. Since the later cars are regarded as much better to actually drive, this one's likely just for show. This high bid was reasonable, but the seller wanted more. #33-1974 JAGUAR XKE SIII convert- ible. S/N 1S24885. White/dark blue canvas/ dark blue leather. Odo: 25,071 miles. Very good panel fit. Paint shows rust in fuel filler cap opening and a touched-up scratch on left door. Light pitting on bumpers, trim still decent. Seats show creasing and some flaking as well as perished foam cushions. Weber carbs, seats are somewhat soiled, as is steering wheel rim and lower dash trim. Well-fitted woodwork. Cond: 3. NOT SOLD AT $63,000. A great color combination on one of Aston's heavyweight contenders. In spite of the size, these bruisers can still run with the best of them. The high bid was at least $10k-15k light. #59-1990 JAGUAR SOVEREIGN 4dr saloon. S/N SAJHY1742LC625286. Silver/gray leather. Odo: 58,130 miles. 114 Sports Car Market

Page 114

Column Author Kensington Bridgehampton, CT Very good panel fit. Decent paint appears mostly original. Nice chrome, trim, and glass. Clean interior with some minor cracks in console wood varnish. Cond: 3+. SOLD AT $2,640. Appeared to be a well-maintained car. Driven to the auction with no visible smoke or strange noises, and at this price, it was the absolute bargain of any auction I've ever attended. Very well bought. #44-1999 BENTLEY AZURE convertible. S/N SCBZK14E6XCX61737. Black/black canvas/tan leather. Very good panel fit, decent original paint shows two small dings and one touched-up chip on radiator surround. Good seats recenty redone, remainder of interior original and showing much wear. Wood trim dull and dirty. Later factory alloy wheels fitted. Cond: 4+. NOT SOLD AT $20,000. Presented as one of the “California Coupe” models, delivered with the pagoda hard top only and no soft top. The hard top was equipped with the rare sliding sunroof, and the car featured single-lens headlights and a km/h speedometer. This was generally a bit tired looking, and the lack of a soft top would be a problem anywhere outside of Southern California or the Southwest. It would have been wise to sell at this bid. interior has chipped and missing wood trim on console near seat control buttons. Cond: 2-. NOT SOLD AT $124,000. Very dramatic mostly new Bentley in striking colors. As a well-maintained car, this high bid was at least $20k low. GERMAN #3-1965 MERCEDES-BENZ 220SEB 2-dr hard top. S/N 11102110063074. Dark brown/beige leather. Odo: 112,086 miles. Trunk lid high on left side, other panel fit decent. Good paint has much orange peel and some touched-up chips on door edges. Fair to good chrome lightly pitted in places, window rubbers perished. Interior shows baked wood #15-1969 MERCEDES-BENZ 280SL convertible. S/N 11304410004603. Burgundy/ tan canvas soft top / burgundy hard top/Cognac leather. Odo: 7,166 miles. Decent panel fit, well-applied paint shows a few small touchedup chips. Fair to good chrome has some pitting tires fitted. Cond: 3-. NOT SOLD AT $7,500. Last seen at this same venue in 2006, where it sold at $9,350 (SCM# 42119). The 6-series coupes are massively capable, though lightly loved at the moment. They're not “vintage” enough for some, and they can be too expensive to use considering their values. This was a very nice one, and it was worth a bit more than was bid here. ITALIAN #54-1963 ALFA ROMEO 2600 spyder. S/N AR191842. Silver/beige canvas/natural leather. Odo: 87,719 km. Variable panel fit, left door very hard to close. Paint shows a large mismatched area on left front fender bottom, both sills wavy. Fair to good chrome has pitting on headlight and taillight trim. Recent seats and carpet soiled. Dashboard recovered and now somewhat lumpy. Cond: 4. NOT SOLD AT $16,000. The 2600 Spyder is a great touring car, in spite of, or perhaps because of its weight. This car appeared to be casually refurbished, and it will take a great deal of money to put it right. This high bid should have sold the car. #2-1967 ALFA ROMEO DUETTO and fading in places. Nice interior has some wear on soft top lid trim, a slightly warped right sunvisor, and missing trim on the left door window crank. Cond: 3. SOLD AT $35,200. Great colors on a 4-speed 280. Sold by an SCMer who does his own restorations. Not a show car, but a nice driver. Well bought and well sold. on dash and some evidence of water leaks at corners. Cracked steering wheel. Equipped with sunroof and Mitsubishi cassette stereo. Cond: 4. SOLD AT $7,810. Stated two owners from new. A great color combo with the rarely seen sunroof and 4-sp manual combination. A nice cruiser, but any attempt at restoration would be a very expensive idea. No harm done at this price. #5-1967 MERCEDES-BENZ 250SL California coupe. S/N 11304312001945. White/cognac MB-Tex. Odo: 9,188 km. Good panel fit. Decent paint shows evidence of bodywork on both rear quarter panels. Chrome mostly unmarked, trim and glass nice. Front 116 #6-1987 BMW 635 CSi coupe. S/N WBAEC8408H0613868. Red/black leather. Odo: 96,128 miles. Nice panel fit, mostly original paint shows a few scratches and small chips. Front spoiler valence cracked, scratched, and loose on right side. Rubber bumper trim somewhat faded. Clean interior has some minor touched-up scratches on driver's seat. TRX Interior clean, but shows tears on driver's seat. Replacement vinyl on passenger seat in incorrect grain. Glued-on dash cover has frayed edges. Nardi wood wheel and contemporary CD player fitted. German data plate. Cond: 3-. SOLD AT $6,600. Not a bad looking Duetto, refurbished rather than restored. The left side panel fit issues hinted at past bodywork, but even so, it can be considered well bought at this price. Sports Car Market spider. S/N 10503665360. Red/black canvas/black vinyl. Odo: 66,054 miles. Left door out at rear edge, trunk wide on left side. Good paint shows some polish swirl marks. Fair to good chrome has pitting and scratches on bumpers. Headlight covers somewhat cloudy.

Page 115

'53 NASH HEALY ROADSTER Perfectly restored in original colors (Willow Green, yellow hides) with desirable options: big engine, wire wheels and factory hard top. '53 FERRARI BARCHETTA 166/53 Competition Barchetta by Oblain The only thing more stunning than its present condition is its documented provenance in major international events. '56 PORSCHE SPEEDSTER Probably one of the last barn finds. Straight, in need of complete restoration. '48 DELAHAYE 135M by Southchik A superb two door cabriolet in good running condition, featured in several books on French coachbuilders. Raymond Milo, le Patron bbone@dslextreme.com cell 323.864.0999 8375 Hollywood Boulevard, Los Angeles, CA fax 323.654.8788 phone 323.656.7483 90069 By Appointment Only Please

Page 116

Kensington Bridgehampton, NY #34-1997 FERRARI 456 GTA coupe. Column Author S/N ZFFWP50A0V0106629. Black/natural leather. Odo: 22,076 miles. Very good original panel fit. Original paint shows few touched-up chips on door edges. Clean interior has deep abrasions on left bolster of driver's seat and at eBay/Kruse in Ft. Lauderdale in January '02, where it sold at $44,500 (SCM# 25174). This car had great presence and terrific colors. Its older restoration was holding up well, and as it was, it would have been a great touring car. The bidding stopped at least $10k too soon to let it go. #19-1961 CHEVROLET IMPALA SS Replica convertible. S/N 11867L168616. Metallic blue/white vinyl/two-tone blue cloth & vinyl. Odo: 83,999 miles. 283-ci V8, 4-bbl, auto. Nice panel fit, very good paint shows a few small scratches and spots. Decent chrome puckering in base of climate control panel on console. Cond: 3. SOLD AT $72,600. Just a used car, and not aging that well in terms of wear. A bargain to buy, but not to actually use. This one was in the middle of the SCM price range, and it was properly valued for both the buyer and seller. AMERICAN #55-1926 FORD MODEL T pickup. Eng. # 14380080. Black/black vinyl/black vinyl. Odo: 28,072 miles. Excellent panel fit and paint. Very good interior shows some wrinkles on cowl dash top. Crack in pitted on left door handle, some glass delamination on trailing edges of vent window panes. OK original-style interior. Fitted with power top, a/c, and a single Holley carburetor. Cond: 2-. NOT SOLD AT $35,000. A very nice restoration of an Impala convertible in good colors. Why they decided to put SS emblems on a standard car is anyone's guess, and that didn't help it here. The high bid should have been cheerfully taken. #20-1966 FORD MUSTANG convertible. S/N 6T08C177998. Robin's Egg Blue/white vinyl/blue & white vinyl. Odo: 72,247 miles. 289-ci V8, 2-bbl, auto. Variable panel fit as per factory. Very good paint and chrome, GT light bar in grille quite misaligned. Nice seats, bleach stain on transmission tunnel carpet, steering wheel trim. Fitted with water pump, alternator, and starter. Cond: 1-. SOLD AT $19,800. A very well done, almost over-the-top Model T pickup. Very flashy in a quiet way. A strong price, but the right price. Well bought and sold. #53-1947 CADILLAC SERIES 62 convertible. S/N 8449518. Burgundy/beige canvas/beige leather. Odo: 9,664 miles. Variable panel fit. Very good paint has a few small chips to panel edges. Excellent chrome, trim, and glass. Front seat cushion shows a nice patina, back seat newer and showing less wear. Carpets worn, the remainder of interior very good. Cond: 3. NOT SOLD AT $47,000. Last seen pitting on steering wheel trim. Fitted with a/c, Pony interior, and Rally Pac gauges. Cond: 2-. NOT SOLD AT $25,000. A nice V8 convertible in appealing colors. There had clearly been money spent on the restoration, but the details still needed work. Nowadays, the midtwenties is entry level for a V8 drop top, and this example was better than many. The seller was wise to pass on this bid. #30-1966 SHELBY GT350 Replica fast- back. S/N 6T09A100100. White & blue/black vinyl. Odo: 76,603 miles. Decent panel fit, paint just OK, with some layering, seam rust, and red primer visible in door sills. Bumpers appear to have subsurface marks under plating. Clean interior features Nardi wood wheel and faded carpets in rear compartment. Hurst 118 NOT SOLD AT $60,000. The ultimate spec '67 Corvette coupe with side pipes. Very well restored, but something here didn't pass the smell test. A genuine car in this condition with this engine should be a $175k item. Either the punters knew something I didn't, or this was a fish well out of water. #29-1969 OLDSMOBILE 442 convert- ible. S/N 344679M42832. Yellow/black vinyl/ black vinyl. Odo: 91,250 miles. 400-ci V8, 4bbl, 4-sp. Excellent panel fit, very good paint, superb chrome. Nice original-style interior with some peeling on a/c controls and console bright trim. Fitted with pw and a power top. shifter, original equipment 289 V8 engine included. Cond: 3-. NOT SOLD AT $29,000. Nice from ten feet, but pretty ordinary up close. Someone went through a fair amount of trouble to make this Shelby look-alike, but the job didn't go far enough. Really nice replicas sell at this price, so this bid should have been taken in a heartbeat. #31-1967 CHEVROLET CORVETTE coupe. S/N 194377S119193. Rally Red/black vinyl. Odo: 3,432 miles. 427-ci 435-hp V8, 3x2-bbl, 4-sp. Excellent panel fit and paint, very good chrome shows some slight waviness under plating on rear bumperettes. Excellent interior fitted with AM/FM radio. Cond: 1-. Nardi wood rim wheel. Cond: 2+. NOT SOLD AT $47,000. Offered by an SCMer, this was a handsome and well-optioned car. Offered in the Hershey auction in October '06, where it was a no-sale at $47,500 (SCM# 43149). At that time it was stated to have a 500-hp engine, but no mention of that was made here. A rare car in great shape, but getting more than this high bid might be a difficult task. ♦ Sports Car Market

Page 118

Bonhams Northamptonshire, UK Column Author Rolls-Royce and Bentley Motor Cars Pre-war cars were thin and numbered only five, while almost a quarter of sale entries were made up of Shadows and their Bentley T2 counterparts Company Bonhams Date June 16, 2007 Location Northamptonshire, England Auctioneer James Knight Automotive lots sold / offered 23 / 28 Sales rate 82% Sales total $1,472,710 High sale 1920 Rolls-Royce 40/50hp Silver Ghost landaulette, sold at $242,550 Buyer's premium One of a few pre-war lots, this 1927 40/50hp Phantom I dual cowl tourer sold at $155,430 Report and photos by Julian Shoolheifer Market opinions in italics B onhams's annual pilgrimage to the Rolls-Royce Enthusiasts' Club rally took them once again to the grounds of Kelmarsh Hall, Northamptonshire, in the middle of June. In the distant past, Sotheby's held the reins of this sale, and Bonhams has been wise to continue the tradition. While the sale suffers in some ways from sale competition at the rally itself, including dealers' trade stands and a Rolls-Royce Enthusiast's Club sale area, the auction has become a prestigious cornerstone in the company's calendar, helping to divide their jam-packed auction schedule up into bite-size chunks. Appalling weather was a feature during the 15% on the first $59,400, 10% thereafter, included in sold prices (£1=$1.98) ribly boring, they were at least nice examples, with two of them being particularly stunning. Four cars made it into six figures. The highest of those was the 1920 40/50hp Silver Northamptonshire, UK Ghost open-drive landaulette at $242,550, the lovely 1961 Silver Cloud II drophead coupe at $172,854, a 1927 Phantom I dual cowl tourer with replica coachwork at $155,430, and an amazing 1939 Silver Wraith hearse at $116,226 (with auctioneer James Knight commenting how he “would love to see the new owner in it” as the hammer came down). Below these there was a good spread of figures, the lowest price being the first lot of the sale, a 1976 Shadow at $8,425. Although only a Shadow, it was not a bad one at all, showing yet again that the room was asleep when the first lot came up for bidding. The remarkably high sales rate at least means that it is easy to list the unsold cars, and those included the ex-Jay Kay Sales Totals auction setup as well as into sale day, and both Bonhams and the rally organizers struggled with waterlogged grounds. Apart from the very occasional tell-tale ring of mud around the edges of a few tires in the sale line-up, the presentation of all the cars was immaculate and the sale enjoyed—as it always does—a wonderfully cozy atmosphere. Both 20hp and 20/25hp cars were poorly represented, perhaps symptomatic of struggling prices for these in the U.K. at present. Pre-war cars were thin on the ground this year, numbering only five, while almost a quarter of sale entries were made up of Shadows and their Bentley T2 counterparts. While on paper this would seem ter- 120 (of pop band Jamiroquai) 1999 Park Ward limousine and a 1961 Bentley S2 Continental Sports saloon. The Park Ward limousine, while excellent in condition, was just as exceptionally difficult to place in the market and failed to sell at a high bid of $60,000. The Bentley S2 Continental stayed with its owner at $120,000 due to what appeared to be a very disappointingly finished restoration. Bonhams should be very pleased with this result, as although there were few show-stoppers, to sell nearly $1.5 million in just 23 cars at a club event is very good form, and that the sale-rate was over 80% was great news for both the Rolls-Royce and Bentley markets. ♦ $300k $600k $900k $1.2m $1.5m 2007 2006 2005 2004 2003 Sports Car Market

Page 119

#320-1920 ROLLS-ROYCE 40/50 SILVER GHOST Open-Drive landaulette. S/N 89CW. Eng. # J190. Burgundy & black/ black leather/black leather. RHD. Odo: 2,819 miles. Original coachwork by Arthur Mulliner Ltd. with a nice period feel. Paint best described as fair, edges of fenders heavily chipped and thick with over-painting. Leather top in nice order, cloth seats very good in both front and rear compartments. Wood cappings thickly varnished. Cond: 3-. SOLD AT $242,550. Prices for post-World War I Ghosts seem to be all over the place at present, with dealers asking some stratospheric figures. Bonhams' estimate was very sensible for coachwork of this type, and the market agreed. #303-1927 ROLLS-ROYCE 20hp saloon. S/N GHJ68. Eng. # J9Q. Black & red/red leather. RHD. Odo: 3,493 miles. Restored at vast expense in 1995, and reputed to have been kept garaged since. Paint orange-peeled, brightwork worn through in many places, some parts that should be nickel are chrome. Cracks around rear fenders, older restored interior just OK. Woodwork better than expected. Entire car seems very tired. Cond: 3-. SOLD AT $30,740. Known to have spent some time in Canada, the low catalog estimate of $23k was justified in seeing the car in the flesh. On the one hand, you seem to get lot of car for your money with a 20hp saloon these days, but on the other, the people who could keep one of these on the road for a few coins have all gone, and now upkeep is very expensive. #305-1927 ROLLS-ROYCE 40/50hp PHANTOM I Dual Cowl tourer. S/N 70EF. Eng. # OL95. Metallic silver/black cloth/red leather. RHD. Coachwork by Jacobs. Well done rebody with no flaws. Paint thick around rivets, pinstripes cheaply done with tape. Leather in rear compartment appears like new, front compartment shows cracks and wear. Wood dash panel looks weathered. Nasty brake drums coated in hammer-finish paint. Many October 2007 121

Page 120

Bonhams Northamptonshire, UK Column Author details need attention. Cond: 3+. SOLD AT $155,430. Originally carrying Hooper open tourer coachwork and used as a Rolls-Royce development car, this was rebodied later as this dual cowl tourer. Very pretty at 20 yards, but close inspection was disappointing. Tidying most of it could be done fairly cheaply, but the bid price reflected the possibility of what it could be rather than what it actually was. #323-1929 ROLLS-ROYCE 20/25HP 3.6- Liter landaulette. S/N GXO111. Eng. # Y3G. Dark blue/black leather/black leather & tan cloth. RHD. Odo: 1,689 miles. Sound original body work, fenders may have been modified in the past. Paint cracking around body molding and at some edges. Top leather original and still nice. Chrome pitted in places, including the headlights. Leather in front lightly cracked, cloth in rear possibly original and still nice. It was nice to see a Wraith in such super condition, as they are quite often tired and unloved. This I suspect is due to the fact that their tall radiator lends itself to quite upright, formal styling, so they are hardly an exciting prospect. If you are going to do the “formal” thing properly, it might as well be a full-blown Park Ward on a long chassis. A nice car, and sold right on the money. #310-1961 BENTLEY S2 CONTINENTAL Ancient tires cracked all around. Cond: 3-. SOLD AT $52,371. Uncertainty of the exact coachbuilder held the value of this car down, although the build sheets suggested Binder— and that is almost certainly the case as the quality and styling reflect the company's other cars. Establishing the history of this car a little better would undoubtedly add value, although the market for 20/25s is very hard at present with a diminishing number of buyers. Cheap if the history ties up. #306-1939 ROLLS-ROYCE 4 1/4-LITER WRAITH hearse. S/N WRB71. Eng. # F3WT. Black/black leather. RHD. Odo: 85,126 miles. Excellent throughout, with perfect panels and swirls. Interior leather badly cracked. Engine bay nothing special, but not bad. Cond: 3-. SOLD AT $63,756. Last seen at Christie's Beaulieu sale in March '86, where it sold at $105,539 (SCM# 4351). No famous owners or thrills with this one, but worthy of the retrim it really deserves. Not bad at all and the pre-sale estimate reflected the need for some work. The high bidder agreed and paid the guide price. 122 Flying Spur saloon. S/N BC17CZ. Eng. # SU317F. Black/cream leather. RHD. Coachwork by H.J. Mulliner. Good gaps and no dents shown by decent black paint. One small bubble on the edge of hood, another on front driver's side fender. Brightwork is original and very good, showing only polishing very good paint. Brightwork generally very good, some slight spotting on radiator and tops of headlamps. Hearse body beautifully prepared and exquisitely appointed with superbly cut glass and silver-plated fittings. Cond: 1-. SOLD AT $116,226. Many Rolls-Royce hearses lost their bodies in the '50s and '60s, so it's nice to know that at least one has been returned to the road. Getting the most interest of all the cars on view in this sale, this car easily surpassed its top estimate of $98,500. #329-1956 ROLLS-ROYCE SILVER WRAITH Long wheelbase limousine. S/N ELW96. Dark gray metallic/gray leather. RHD. Coachwork by Park Ward. Very nice all-around condition, quite difficult to fault. Arrow-straight body painted very nicely, excellent brightwork and glass. Interior shows superb leather and perfect woodwork. Monogrammed doors. Very tidy engine bay. Cond: 1-. SOLD AT $72,666. #311-1961 BENTLEY S2 CONTINENTAL Sports saloon. S/N BC58BY. Dark blue/light brown leather. RHD. Odo: 58,648 miles. Coachwork by H.J. Mulliner. Very good bodywork, nice repaint still fresh and slightly orange-peeled. Needs wet-sanding. Windshield trim bent, rear glass cracked and sticking out from the body. Chrome decent, interior retrim is saggy. Brown carpets new. Cond: 3-. NOT SOLD AT $120,000. Cataloged as having a $60k restoration, but with cracked and nonfitting glass, alarm bells rang on this one. It looked like either the restorer (or the owner's checkbook) had given up 100 yards from the finish line. Estimated high, and even a sale room notice promising the supply of new glass was not enough to change minds. #314-1961 ROLLS-ROYCE SILVER CLOUD II saloon. S/N SXC403. Eng. # 506. Silver metallic/gray leather. Odo: 14,246 miles. Excellent bodywork with superb paint. Unmarked original chrome, original interior shows only very slight cracking. Slight cosmetic rust on the front apron, small chip in the center of the driver's door. Engine compartment original and would benefit from detailing. Nice overall. Cond: 2+. SOLD AT $94,446. With just over 14,000 miles from new and regularly serviced, this was a great car and reputed to be the lowest mileage Cloud II in the world. The strong $60k-$80k estimate would pale into insignificance with the cost of restoring a poor one. A great price for a great car. #326-1961 ROLLS-ROYCE SILVER CLOUD II drophead coupe. S/N SZD43. Eng. # 296DS. Midnight Blue/ dark red cloth/dark red leather. RHD. Odo: 10,341 miles. Coachwork by H.J. Mulliner. Decent paint shows no flaws in bodywork. Very good original interior, walnut cappings superb throughout. Worn carpet lets the interior down. Wood picnic tables slightly bleached, flag poles fitted to rear overriders. Engine bay very dusty, although generally still decent. Cond: 2-. SOLD AT $172,854. A well-travelled example, this car was bought by its original owners for Sports Car Market

Page 121

Bonhams Northamptonshire, UK still good. Dash shows well, carpets still nice. Mileage believed genuine. Cond: 2-. SOLD AT $79,200. Prices for S3s are on the move upward. As better cars are moving beyond the reach of some, restorable examples are being snapped up. While this was unquestionably a really good car, it fell into neither the megarestored nor fit-for-resto category. Several unrestored cars needing work have made this recently, but it's not exactly what the market wants, so the price was fair. continental touring and travelled as far as Morocco, Iran, Russia, Turkey, and Lebanon, covering huge mileage. A recent repaint to dark blue from its orignal white must have transformed its appearance hugely for the better. I love cars like this with huge history, and this one was very well bought. #317-1963 ROLLS-ROYCE SILVER CLOUD III saloon. S/N SDW559. Eng. # SW279D. Burgundy/cream leather. RHD. Odo: 18,750 miles. Good body with reasonable gaps, paint looks great at 5 yards, but some very light pitting evident up close. Brightwork generally good with only polishing swirls visible. Leather nice, but slightly saggy at rear. Walnut cappings bright. Scruffy under hood, but complete. Two owners from new. A generally nice example. Cond: 3-. SOLD AT $42,695. The car appeared much lighter in the catalog and was actually better in real life, being a rich deep burgundy instead of bright red. Restored in 1992 and fitted with power steering, and because of that, not expensive. #327-1964 BENTLEY S3 CONTINENTAL 2-dr saloon. S/N BC80XC. Eng. # 40CBC. Metallic Blue/gray leather. RHD. Odo: 49,322 miles. Coachwork by H.J. Mulliner and Park Ward. Recent repaint shows a healthy amount of orange peel and a slight bubble on left front fender. Chrome plating swirl-free and still bright around light fittings. All glass nice and sharp. Leather slightly saggy but otherwise average throughout. Cracked indicator lenses, leather dry and cracking to front and rear. Reasonable condition overall. Cond: 3. SOLD AT $72,666. The first Phantom VI off the production line and used at the Queen's Golden Jubilee celebrations in 2002. Its high estimate of $60k was at the lower end of Phantom VI prices, but interest wasn't overwhelming and it ended up selling over the phone. Price paid was right. #312-1970 ROLLS-ROYCE SILVER SHADOW 2-dr saloon. S/N CRH7461. Eng. # 7461. Green/cream leather. RHD. Odo: 34,297 miles. Excellent throughout. Superb paint, chrome, and interior fittings really set this apart. Slight twisting of the rubber indicates a recent replacement windshield. Virtually flawless, with period driving lights fitted. One of the best available. Cond: 1. #309-1969 ROLLS-ROYCE PHANTOM VI limousine. S/N PRH4108. Eng. # 4108. Metallic blue & silver/blue leather. RHD. Odo: 94,647 miles. Coachwork by H.J. Mulliner and Park Ward. Nice straight bodywork shows some slight bubbling at lower edges of doors. Crazing to the paint on the trunklid, chrome pitted on front bumper and generally just SOLD AT $37,571. Ex-Richard (now Lord) Attenborough, this car had some celebrity provenance and was perfectly presented. A good deal of money had been spent, but in all the right places. Two-door saloons always attract a premium, and this was a good one to buy. Sold squarely mid-estimate. #321-1973 ROLLS-ROYCE SILVER SHADOW saloon. S/N SRH16589. Eng. # 16859. Shell Grey/dark blue leather. RHD. Odo: 12,432 miles. A low-mileage original example. Slight dent on the hood and to one of the fenders seemingly from heavy elbows. Blistering in paint around one door lock, fine elsewhere. Very good brightwork, nice glass. Interior shows slight sun bleaching to seat backs. Engine bay tidy. Cond: 2-. SOLD AT $39,848. With older Shadows now over 40 years old and many examples put through the hands of careless owners, a clean low-mileage example will always attract attention. This one was not quite as good as I was expecting, but it was a very nice unmolested example nonetheless. Minor tidying would make it excellent. Expensive, but worth it. #301-1976 ROLLS-ROYCE SILVER SHADOW saloon. S/N SRH26568. Eng. # 26568. Dark green metallic/cream leather. October 2007 123

Page 122

Bonhams Northamptonshire, UK Column Author good. Interior fair, with no stains or major wear marks. A good all-around driver. Cond: 3+. SOLD AT $11,385. A tidy example, but not all that special and with unremarkable history. The market hasn't changed for cars like this in a long while now, and the price achieved here was right in line with expectations. RHD. Good paint in a nice color combination. Straight body, original brightwork polish marked and thin in places. Reasonable interior shows light wear only to driver's seat. Workman-like engine bay leak-free. Cond: 2-. SOLD AT $8,425. Not the world's worst or indeed the world's best Shadow, but at least it was done in a tasteful color combination. Not a bad car at all and a long way from the devil's own bronze-with-rot-and no-brakes examples sometimes seen. Some needs were more obvious than others, as they always need a brake overhaul. Still, very cheap and knocked down before everyone woke up to the fact the sale had started. #324-1977 ROLLS-ROYCE CAMARGUE coupe. S/N JRH31290. Eng. # 31290. Paprika/ cream leather. RHD. Odo: 76,072 miles. Nice bodywork, great paint, terrible color. Brightwork shows no dents or dings, glass bright and scratch-free. Both front seats saggy and with deep creases from use. Seemingly solid and #304-1980 BENTLEY T2 saloon. S/N SBH39987. Eng. # 39987. Exeter Blue/cream leather. RHD. Odo: 7,000 miles. Ding-free body, micro-blistered paint on the hood, some chipping and cracking around rear window. Decent original chrome all around. Engine compartment dirty, cream leather interior is age example, but still no show winner and with no famous history. As a useable driver, this seemed to be a fair car. Prices are still very predictable for average cars, and this one didn't appear to have any surprises. #319-1983 ROLLS-ROYCE CORNICHE convertible. S/N SCAZD0009CCH06604. Eng. # 06604. Larkspur Blue/cream cloth/ cream leather. Odo: 14,648 miles. Coachwork by H.J. Mulliner and Park Ward. Good paint finish, color-keyed bumpers don't fit well. No blisters on body, dash leather cracked in places. Front seats in nice order although the backs creased but not worn. Carpets dirty. All in all, a fair example. Cond: 2-. SOLD AT $15,939. Painted in a really nice non-metallic blue with a nice bright interior, this made a pleasant change from the garish metallics often seen on Shadows and Ts of this period. If a Shadow in this condition is worth $10k, then this was the right premium to pay for a Bentley variant. #318-1980 BENTLEY T2 saloon. S/N SBH39882. Eng. # 39882. Brewster Green/red leather. RHD. Superb condition overall, little to fault generally. One or two stone chips below the headlights visible, some light wear to interior components. Cond: 2. SOLD AT $27,324. Formerly the property of Victor Gauntlett and without rust. Cond: 3+. SOLD AT $39,848. It doesn't matter how much these are pushed as being “exclusive” and “expensive when new,” they are challenged in the looks department— and when painted in a garish color, they don't improve much either. In all fairness, this was not a bad one at all, but this is still a limited market. Well sold at mid-estimate money. #322-1979 ROLLS-ROYCE SILVER SHADOW II saloon. S/N SRH37509. Eng. # 37509. Caribbean Blue/navy blue leather. RHD. Odo: 77,600 miles. Good panel gaps, fair paint shows no major flaws. Bumper end caps slightly scuffed, other brightwork still are cracked—too much sun and no-one sitting on them? Convertible top bag very cracked and tired-looking. Presentable engine bay. Good overall. Cond: 2+. SOLD AT $47,817. Restored in 1996 and converted from right to left hand drive at that time. The price guide in the catalog of $53k-$60k was on the money, but this fell just below, reflecting the right-toleft conversion. #328-1999 ROLLS-ROYCE PARK WARD limousine. S/N SCAZY20C4WCH80530. Eng. # 89224L10MTIV. Dark blue metallic/cream leather. RHD. Odo: 15,000 miles. Excellent all-around condition with great body. Paint shows slight orange peel on roof, otherwise very good. Lights, glass, chrome, bumpers all maintained to a very high standard by specialists P&A Wood. The T series cars always command a premium over their Shadow stablemates, and this was a very good one. As the rough ones that are generally holding prices down are filtered out of the system via wrecking yards, the better ones will improve in value. A good buy on condition alone. #325-1980 ROLLS-ROYCE SILVER SHADOW II saloon. S/N SRH40877. Eng. # 40877. Two-tone green metallic/beige leather. RHD. Good bodywork with no obvious issues. Wheel arches blister-free, paint fair overall with minor swirling throughout. Interior fair, with light creasing to the driver's seat. Recent use visible in mostly clean engine bay. Cond: 3. SOLD AT $14,801. Another better-than-aver- 124 excellent. Interior shows little wear, wheels and tires scuff-free. Cond: 1-. NOT SOLD AT $60,000. Offered for sale by pop star Jay Kay from the band Jamiroquai. The provenance here really added little to this car's value, and it fell somewhere between the “too old to show your wealth off” and “too young to be a classic” brackets. The high bid in the room was market value. ♦ Sports Car Market

Page 124

eBay Motors Online Sales Column Author 356 Runners and Rust Buckets VW replaclements really slam a Porsche's value, but the sculpture-by-Sawzall was probably a bigger problem Report by Geoff Archer Market opinions in italics T his month's collection focuses on Porsche's first sports car, including both original examples as well as a few that changed a little over time. 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 #190130912046 -1953 PORSCHE 356 Pre- A convertible. S/N 60848. Black primer/black canvas/red leather. 24 Photos. Duluth, GA. No title. New pans. Opening panels all “chemical cleaned.” No rips in German canvas top. “very little to no Bondo on this car.” 12 volt and disc brake update with Fuchs alloys. Engine bored to 1,720 cc. “This Porsche that you are bidding on is not a show car; however, with very little money you can have this car on the road with the confidence knowing that you are driving a real 1953 porsche 356 pre-A that can stop well, drive whell and have plenty of power.” 20 bids, sf 29, bf 746. Cond: 4+. SOLD AT $41,350. The fact that the engine is pictured next to the car does tip us off to the non-show-car element, yes. In rat rod purgatory, this very rare, open, bent-window car had not been modified enough to be considered an “outlaw,” and it was still stock enough to be restored correctly. Fair price considering, um, funkiness. #280135582838-1956 PORSCHE 356A coupe. S/N 58194. Eng. # 65356. White/ brown leather. Odo: 15,950 miles. 24 Photos. Sausalito, CA. Restored eleven years ago with a color change from Graphite Metallic, then parked outside for a decade. Door bottoms and floors now rusty. Non-numbers-matching “correct looking early 1600 Normal engine #65356.(Very Cool Engine # !)” Recent tune- 126 Sports Car Market up and brake rebuild. “The gear box is the original 644 and ...it shifts well up and down through the gears and is not noisey.” Needs signal relay and steering box. 57 bids, sf 157, bf 13. Cond: 4+. SOLD AT $29,500. On a recent California trip I could not make the time to see this car. That's just as well, because I can't see paying this much money for a tired white coupe that needs everything. Even in the hunt for a “driver” condition car, I would have held out for a nicer or more intersting car for 10%–20% more money. #260099005764-1959 PORSCHE 356A Special roadster. S/N 105369. White/red. Odo: 95,295 miles. 18 Photos. Leesburg, FL. “Not a VW or a kit car.” Top chopped off a coupe. “The paint is not the best has cracks on a couple of spots, chips and the hood is a little different color.....No door glass, reg etc, no cov top I have an old MG conv top frame that the winner can have if they want.” Removable roll bar and white steering wheel. “The motor is a 1776CC big bore VW with external oil cooler and filter... runs and pulls strong, at start up puff of smoke like an 911 then clears right up.” 30 bids, sf 24, bf 5. Cond: 3-. SOLD AT $9,450. Although old 356 engines are only a few grand, VW replacements really slam a Porsche's value. Here the sculpture-by-Sawzall was probably the bigger problem. Seller was asking $20k on cctol.com. A couple trips through eBay and we see what someone was really willing to pay for this home-made drop top. A fair price for a sunroof clip outlaw candidate. #190129366220-1959 PORSCHE 356A coupe. S/N 108224. Guards Red/black leather. Odo: 74,000 miles. 15 Photos. Daytona, FL. Rare manual sunroof. “THIS CAR IN NOT A CONCOURS PIECE BUT IT IS IN EXCELLENT CONDITION. IT IS AN ESTATE SALE AND STILL NEEDS A FEW DETAILS TO COMPLETE...” Repainted 5 years ago in Porsche Guards red. “ENGINE AND TRANSMISSION ARE ORIGINAL AND RUN GREAT....NEW ABARTH/ANSA EXHAUST AND A NEW CLUTCH.... ENGINE SHOWS VERY WELL WITH NEW STICKERS (SEE PICTURES).” 49 bids, sf 0, bf 175. Cond: 3+. SOLD AT $28,100. I can't say a car with any rust is a #2-, so I have to call this a #3+, but it did look very nice. This wasn't a big bargain because of the potential cost of remaining detail work. Given the value of the OEM sunroof, and the overall nice-ness, it can be considered well bought. #260125625987-1960 PORSCHE 356B Drauz roadster. S/N 87616. Rust/rust. 21 Photos. West Winfield, NY. “this auction is for a once and perhaps future great porsche ...this item is clearly a restoration item, or any other project you might want to embark on with it.”

Page 125

Fresh Meat Online sales of recent production cars. Includes: “rear cowl, front cowl, both doors with workings windows, the glass is intact, many assorted pieces, steering wheel with column, trunk, hood, hood ornament - see pictures for a good idea of what is there.” 1 bid, sf 752, bf 398. Cond: 5. SOLD AT $12,000. I would scream WELL SOLD here, but the buyer is a dealer and a purveyor of similar crusty clumps called “rusty tubs.” If anybody knows what this was worth, he would know. Furthermore, since it was a dealer, we are looking at a WHOLESALE price. I think I am going to have to go for some hikes with a metal detector. #290052826720-1960 PORSCHE 356B convertible. S/N 87301. Ruby red/tan leather. Odo: 14,457 miles. 24 Photos. Falls Church, VA. “This is a one-owner car with 14,457 miles on the odometer that was parked in a garage in 1964 or 1965. The roof of the garage failed several years ago and the car has been subjected to the elements since that time. The engine is seized, the brakes are locked up, and a select few obsess about them. Pro-built outlaws usually cost and sell for low six figures. In the $80k range, this was a great buy on a one-of-a-kind custom from the poobahs of the portly Porsche. #140139340236-1962 PORSCHE 356B T-6 Notchback coupe. S/N 202212. Eng. # 744180. Silver/red leather. Odo: 74,465 miles. 18 Photos. Cedar Flat, CA. “a true 20 footer. Very few T-6 Karmann Notchbacks were produced and there are very few left as many were cut into cabriolets making this one of the more rare 356 production cars existing today....Floor is mostly original and solid with some work done on it. The body is not swiss cheese but has been patched in places and there is filler Date sold: 04/24/2007 eBay auction ID: 200099937096 Seller: Private party in Los Angeles Sale Type: BIDDING ON AMOUNT OVER MSRP, NOT CAR ITSELF Details: Basalt Black/black top/brown leather. Tiptronic S, Sport Chrono Package, Carbon Package Sale result: $6,100, 4 bids, sf 44, bf 44. MSRP: $140,000 Other current offering: Dennig Cars Worldwide, www.dennigcars.com, now taking orders on new cars at MSRP plus $15k. 2008 Porsche Cayenne Turbo the car has extensive rust damage. Major structural elements, such as longitudinals, torque tubes and suspension mounting points, appear to be solid.” 14 bids, sf 56, bf 218. Cond: 5+. SOLD AT $26,100. This is what happens when the spread between the value of a restored #2 condition car and a rusty #5 project gets so wide. It engulfs people and their life savings. If the buyer had the $100k it will take to make this car right, he should have simply bought a restored Ruby Red one to begin with. Well sold. #220046401022-1962 PORSCHE 356B Special roadster. Silver/silver leather. 6 Photos. McMinnville, OR. “This is an opportunity to be the owner of the next Emory Outlaw Special...based and titled on a 1962 Porsche 356. It will be a show stopper.” Shaved hood, A headlights, rolled rockers, pre-A Speedster dash, upper horn holes filled, big disk brakes, reshaped wheel arches, hot rod 914 2.0. 18 bids, sf 1519, bf 72. Cond: 1. SOLD AT $87,100. Though most people have no idea about outlaw 356s and some people shun them, in the car. It is an older paint job and I'm sure if you stripped it down you would find it's share of flaws.” 28 bids, sf 103, bf 145. Cond: 3. SOLD AT $20,300. What does a 356 have in common with “dolphin-free” tuna? Well, before the campaign, you probably had no idea something fishy was going on. Is it time for a “notchback-free cabriolets” campaign, or do we not care yet? Five will get you ten that this roof will be chopped off, doubling the value of this awkward rarity. Will Seinfeld do a PSA for the PCA? Market price. #120142778644-1963 PORSCHE 356B T-6 coupe. S/N 212162. Red/black leather. Odo: 91,023 miles. 13 Photos. Albuquerque, NM. “Obtained from the second owner, a Continental Airline 777 captain, after many years of cajoling. The car has no rust, runs strong and tight, the 20 year old paint is still shiny and in the original color, doors shut better than a new one, gaps per factory... present engine is not the original super 90, which was 2008 Porsche 911 Turbo Cabriolet Date sold: 07/28/2007 eBay auction ID: 140141622775 Seller: Richmond BMW, Richmond, VA, www .richmondbmw.com Sale Type: Used car, 1,800 miles Details: White/black, 22-inch Rinspeed wheels, 500 hp Sale result: $93,250, 16 bids, sf 93, bf 0. MSRP: $104,460 Other current offering: Northland Motors, Cincinnati, OH, www.josephnorthlandmotors.com, asking $105,090 for new, all-black Cayenne Turbo. 2008 Porsche Cayenne traded for the then freshly rebuilt 65 HP version some years ago. Everything works, rubber is great, no disappointments. “ 12 bids, sf 0, bf 7. Cond: 2-. SOLD AT $23,975. What is it with Porsches and pilots? Anyway, this was last year's pricing. Even with B coupes on the bottom of the 356 food chain, several have crossed the $30k barrier as of late, with CPI pricing #2 cars in the high $30k range. Well bought by $3k–$5k. ♦ October 2007 Date sold: 07/30/2007 eBay auction ID: 320142115034 Seller: Park Place Porsche, Dallas, TX, www .parkplacetexas.com Sale Type: New car in stock Details: Marine Blue/Havanna Sandbeige, 3.2-L V6. Tiptronic S, navigation, trailer hitch, Bose stereo Sale result: $54,000, 1 “best offer” bid, sf 11, bf 21. MSRP: $59,675 Other current offering: Jack Ingram Motors, Montgomery, AL, www.jackingram.com, asking $59,820 for a new Cayenne in silver ♦ 127

Page 126

Automotive Investor Provenance Pays Eight of the ten top-selling Porsches and French cars so far in 2007 have colorful, detailed competition history W hat makes a car valuable these days can be answered in the same way as the cabbie's question about how to get to Carnegie Hall: “practice, practice, practice.” In this case, high value in collectible cars comes down to “provenance, provenance, provenance.” Of the top five sales this year in two categories (French-built cars and Porsche), all but Top French Sales to Date in 2007 1951 Talbot-Lago T26 GS Barchetta $1,743,938. Sold by Christie's in Paris, France, on February 17 An important car that ran at Le Mans four times from 1951 to 1954 with Froilan Gonzales and Pierre Levegh. In '52, Levegh nearly drove the whole 24 hours by himself to victory, but an engine failure ruined the feat. The effort earned him his 1955 Mercedes-Benz drive, with tragic consequences. 1936 Delahaye Type 135 Special $1,320,000. Sold by RM in Phoenix, Arizona, on January 18 The factory team car, stunningly elegant, and with suitable patina. The direct Rene Dreyfus link is doubtful, but the car raced in European GPs before and after WWII, before being shipped to Argentina. Might seem like a great buy in the future. two have competition history, and the history of all ten is extensively documented. However, even at today's rather stratospheric prices, these A-list Porsches are downright bargains selling for half the price of top-level Delahayes and Bugattis. 1991 Peugeot 905 Group C Racer $1,226,742. Sold by Artcurial in Paris, France, on February 19 A works racer, in which Philippe Alliot headed Le Mans qualifying in 1992. Virtually unmarked, and still a working example in 1992 World Sportscar Champ specifications. A record for a Peugeot or French Le Mans car of this period. 1926 Bugatti Type 39A Grand Prix Racer $1,175,000. Sold by Bonhams & Butterfields in Brookline, Massachusetts, on April 21 A former works racer and one of just ten built. Two GP 2nds and a 3rd driven by Constantini. Wears a factory replacement frame, with very good paint and a correct engine compartment. Real money for a real car. 1951 Bugatti Type 101 Coupe $990,000. Sold by RM in Marshall, Texas, on April 21 The '51 Paris Salon car, and one of just a handful built. Awkward styling is polarizing, but it's passed through the garages of some serious collectors, including Harrah, Harguindeguy, Nick Cage, and Gene Ponder. 128 Sports Car Market

Page 127

Top Porsche Sales to Date in 2007 1961 Porsche RS 61 Sports Racing Spyder $880,000. Sold by RM in Phoenix, Arizona, on January 18 Beautifully restored, super-complicated, giant-killing, and even the non-original engine doesn't hurt it much. Very well bought. Might have done better at Monterey. 1964 Porsche 904 GTS Racer $684,072. Sold by Artcurial in Paris, France, on February 19 Restored by marque specialist Benoit Couturier, but looks original in silver over red leather. Good money for a car with a wrong 906 engine, even if the damaged original is included. 1976 Porsche 934 RSR Racer $464,070. Sold by Artcurial in Paris, France, on February 19 A Kremer team re-shell of Bob Wollek's 1977 Le Mans class winner. Unusual paint is marked but correct. Serious money for a 934, but the Wollek connection boosted the value. 1981 Porsche 935/78 Moby Dick Race Car $440,000. Sold by RM in Amelia Island, Florida, on March 10 Designed to be the fastest 935 ever, “Moby Dick” was built for Le Mans in 1978 but had oil problems and finished 8th. This car is one of two copies raced successfully by Jochen Mass and Giancarlo Moretti in IMSA from 1981 to 1983. Originally reported as a no-sale at $680,000. 1963 Porsche 356B Carrera 2 Coupe $208,869. Sold by Artcurial in Paris, France, on February 19 Complete provenance. Paint and panel fit are near perfect, with a sharp interior and spotless engine. It was driven to the auction from the South of France. These rarely show up at auction, and it could have sold for more. October 2007 129

Page 128

Motobilia Carl Bomstead Premium Prices A Portland oil museum scales down its collection, while 642 signs net $500,000 in an Illinois sale G lenn Zirkle began collecting early gas pumps, signs, oil cans, and other gas-station related memorabilia in the early '80s and displayed the ever-growing accumulation in his petroleum distribution business in Portland, Oregon. In time, as signs covered every wall in the business, his building became The Historical Museum of Early Oil Days. Many of his customers added to the collection, and by the year 2000, it was one of the more extensive displays in the country. Recently, Glen made the decision to sell all but 60 of the huge collection of gas company related signs. Mathews Auctions was selected to handle the sale and the two-day event took place in Collinsville, Illinois, a few miles north of St. Louis, on July 13 and 14. The financial results exceeded expectations as the 642 lots generated over $500,000, with over 30% sell- ing to Internet bidders. Here are some of particular interest. All results include 10% buyer's premium; ratings are from Matthews and based on a 1–10 scale, with 9.5–10 being perfect and 7.5–7.9 being heavily worn. Oil Ltd, which was acquired by Texaco. This sign dates to the late '30's–early '40s and would have sold for three times what was paid here if it had not been completely restored and clear coated. sign was almost five feet tall and very striking, with the “running man” logo. In the past, larger signs were not very desirable but that is no longer the case. Due to the unusual shape and striking colors, this one sold for the right money. LOT 30. MOHAWK LOT 1. TEXACO DIESEL CHIEF PORCELAIN PUMP PLATE. Condition: 8.5. SOLD AT: $2,090. This rare pump plate dates to 1940 and had the “wide spray.” It was quickly discontinued after Pearl Harbor as it closely resembled the Japanese flag. When they appear for sale they go for a substantial premium. The later version sells for about half what was paid here. LOT 23. WEED CHAINS “FOR SAFE DRIVING” TIN SIGN. Condition: 9. SOLD AT: $3,190. This is one of a series of three Weed Tire signs and all have a gas pricer wheel. This one had some very minor edge wear and sold for the going rate. LOT 27. MARATHON PRODUCTS 29-INCH ROUND SIGN. Condition: 9. SOLD AT: $770. This double-sided sign had been touched up and one side clear coated. A 42-inch version of the same sign, which had not been messed with, sold for twice what was paid here, so originality brings the money. “ARROW” NEON SIGN. Condition: 9. SOLD AT: $25,300. This is a spectacular neon sign that has it all. Great graphics, neon, and exceptional condition generated strong money and this could have easily sold for another ten grand and not been out of line. PORCELAIN SIGN. Condition: 7.5. SOLD AT: $2,750. This striking double-sided sign, with the Oilzum Man, would hang in a bracket outside of a service station. Condition was off a bit with numerous chips but the sign retained decent gloss and luster. Sold for under the money due to the condition. LOT 31. SUNSET LOT 18. RED INDIAN MOTOR OILS PORCELAIN SIGN. Condition: 9.5 SOLD AT: $1,100. Red Indian was the brand name for McColl-Frontenac 130 LOT 24. MARATHON GASOLINE DIE CUT PORCELAIN SIGN. Condition: 8.5. SOLD AT: $6,490. This LOT 29. OILZUM MOTOR OILS LUBRICANTS GASOLINE 30-INCH PORCELAIN SIGN. Condition: 6.5. SOLD AT: $10,450. This sign is extremely rare due to the blue sunset. Sign is trashed but the rarity brought the money. I hate to think what it would have sold for if it were in decent condition. Sports Car Market

Page 129

mobile at the bottom. In decent condition with some edge touchup. This was a good buy as two others in the series, both with cars, sold for a bunch more. LOT 61. VELTEX MOTOR LOT 32. SUNSET GASOLINE 30-INCH PORCELAIN SIGN. Condition: 9. SOLD AT: $7,150. One side of this sign had been restored and the new paint was starting to lift, which is a concern with restored signs. The other side was trashed. In decent original condition this is at least a $15,000 sign. LOT 42. MAGNOLIA GASOLINE 30-INCH PORCELAIN SIGN. Condition: 9. SOLD AT: $1,870. Magnolia was a Texas oil company that was acquired by Mobil and this was a transitional sign. Both sides had been completely restored, which, again, held down the bidding. LOT 57. HUSKY SERVICE 4-FOOT PORCELAIN SHIELD. Condition: 9. SOLD AT: $3,300. This desirable Husky Oil sign was restored on both sides, which had an adverse effect on the price. In original decent condition they sell for almost twice what we see here. LOT 62. VELTEX LOT 33. SUNSET GASOLINE 5-FOOT OCTAGONAL SIGN. Condition: 9. SOLD AT: $4,950. This sign would have been mounted on a tall pole in front of a service station. It had been completely restored, which again held down the price. It is a rare West Coast sign that would have sold for a lot more if it was untouched. LOT 49. PARAGON GASOLINE CURB SIGN. Condition: 9. SOLD AT: $9,900. This is a rare and desirable curb sign but it had been restored to an inch of its life and there were a couple soft spots in the paint. I have to say that the price was excessive as I have seen another one, which was in excellent original condition, sell for about the same money. LOT 59. GASCO MOTOR FUEL 30-INCH PORCELAIN SIGN. Condition: 9. SOLD AT: $2,090. Gasco was a small independent oil company that was located in Portland, Oregon. It is of interest to West Coast collectors but this example had been restored so the price paid was well under the money. FLETCHER OIL COMPANY 16-INCH ROUND SIGN. Condition: 9.5. SOLD AT: $6,050. This sign went on the door of a Veltex delivery truck and they are popular due to the striking colors. The Veltex name seems to bring strong money of late. A few years ago $2,500 would have been all the money. OIL DOUBLE SIDED PORCELAIN SIGN. Condition: 9.5. SOLD AT: $3,190. This seven-by-eleven inch sign had different slogans on each side. It was in excellent condition and sold under the money, as two other examples have recently brought $4,500, LOT 65. GILMORE LIONS HEAD MOTOR OIL EMBOSSED TIN SIGN. Condition: 8.5. SOLD AT: $3,300. This was an original sign as compared to the reproductions, which are fairly common but still bring as much as $1,000. No surprise here as the colorful sign sold for the expected money. LOT 34. HARBOR PETROLEUM PRODUCTS PORCELAIN SIGN. Condition: 9. SOLD AT: $28,600. This is the Holy Grail in the sign world. Great graphics with a seaplane taking off, strong colors, and exceptional original condition equals big bucks. Sold for strong money but could have gone for five thousand more without raising an eyebrow. October 2007 LOT 60. STANOCOLA LOT 51. SUPREME AUTO OIL 60 X 28 PORCELAIN SIGN. Condition: 8.5. SOLD AT: $3,300. This was one of a series of five similar signs for Gulf Oil products. Very cool graphics with a vintage auto- PETROLEUM PRODUCTS 30-INCH PORCELAIN SIGN. Condition: 9. SOLD AT: $3,575. This was from the Standard Oil Company of Louisiana and is very desirable due to the strong bright colors. This sign was completely repainted and, as we have seen, therefore sold for far less than an original example in good condition. LOT 66. RICHLUBE MOTOR OIL DOUBLESIDED PORCELAIN SIGN. Condition: 7.5. SOLD AT: $4,950. This is a desirable sign 131

Page 130

Motobilia Carl Bomstead as there is a race car at the top of the sign. Condition was off a bit with a few large chips, light crazing, and a loss of gloss. Easily a $7,500 sign in better condition. This desirable sign was heavily stained and had some serious edge wear. The back side was trashed. Even so it is a cool sign and should have sold for $1,000 more. that expensive to add neon to a sign and I've been seeing a lot of that lately. LOT 151. MOBIL PLEDGE LOT 101. SIGNAL LOT 71. MUSTANG OIL 72-INCH DOUBLE-SIDED PORCELAIN SIGN. Condition: 8. SOLD AT: $3,575. The raring horse adds excitement to this sign, which is not common. That said, the price paid was on the light side, as the condition and graphics warranted another $1,000 or so. LOT 85. CONOCO GASOLINE WITH CONTINENTAL SOLDIER. Condition: 9. SOLD AT: $3,410. This sign was in very nice condition with no chips or serious damage but it had been clear coated. If left alone it would have been worth a thousand or two more. In the sign world original condition brings the money. GASOLINE PORCELAIN PUMP PLATE. Condition: 9.5. SOLD AT: $3,300. Signal gasoline stuff with the traffic light is always in demand but the condition here brought the money. Sign was close to perfect, and as a result, the price paid was up there. Buyer paid a premium of $1,000 or so for the condition and it was worth it. RESTROOM PLAQUE. Condition: 8.5. SOLD AT: $462. There are East and West Coast versions of this sign but this style with the light blue border was one that the Mobil guys had not seen. Considering that it is so unusual, I'd have thought it would bring more money. LOT 210/211. WILSHIRE LOT 119. STANDARD LOT 99. MOBILGAS LOT 76. TIME GAS CLOCK FACE 6-FOOT SIGN. Condition: 8.5. SOLD AT: $3,025. Another version of this sign has the hands of the clock at ten to two but the Time Gasoline slogan of “Ten to one you can't find a better gas” resulted in the change to this version. This was the buy of the sale, and should have sold for about $5,000. WOOD SIGN WITH PEGASUS ON CLOUD. Condition: 7.5. SOLD AT: $1,870. This sign was used during the war as metal was not available. It was made from a large sheet of marine plywood to withstand the elements. Rarely do you find them in decent condition and this one had been repainted in a few places. OIL CLOUD PORCELAIN SIGN. Condition: 8.75. SOLD AT: $2,750. This sign was from Standard of California and was 12 inches long. It is the next-tosmallest size and there are three that are larger. Price was fair as it was in decent condition. OIL WOMEN/MEN RESTROOM SIGNS. Condition: 9. SOLD AT: $3,000—PAIR. Wilshire Oil was based in Los Angeles and marketed their oil products under the Polly brand name. These flange restroom signs sold for a lot, considering they are not uncommon and the graphics not very exciting. LOT 219. SINCLAIR OPALINE MOTOR OIL PORCELAIN SIGN. Condition: 7.5. SOLD AT: $495. This small sign went on a lubster or oil cart. Condition was off a bit, which had an adverse effect on the price paid. Lot 144. ASSOCIATED LOT 99A. MOBIL 5-FOOT LOT 77. MARINE GAS PORCELAIN SIGN WITH GAR WOOD SPEEDBOAT. Condition: 8. SOLD AT: $3,300. 132 SHIELD WITH NEON. Condition: 8.5. SOLD AT: $6,325. Neon had been added to this sign and it went on in alternate stages on the wings of the Pegasus to give the appearance of movement. It is not all OIL RESTROOM “OUR CREED” PORCELAIN SIGN. Condition: 8.5. SOLD AT: $770. There are four different versions of this sign and this one, with the smiling station attendant with the colored badge on his cap, is unique. Condition was decent and I was surprised it did not sell for $200 more. LOT 228. UNION OIL DIE-CUT TIN SIGN. Sports Car Market

Page 131

Condition: 8.75. SOLD AT: $1,650. Unusual early small tin sign with the Union Ethyl logo. Condition was better than OK but price was high for a tin sign that was rather bland. Condition: 9.75. SOLD AT: $4,400. Condition here was as-new, with brilliant color and deep luster. There are serious Shell collectors who will pay whatever it takes to hang a piece of this quality on the wall. LOT 502. OAK MOTOR LOT 230. UNION OIL COMPANY CREDIT CARDS ACCEPTED HERE PORCELAIN FLANGE. Condition: 9. SOLD AT: $1,430. The edges of this sign had been restored and it had been clear coated. The sign is favored by Union Oil collectors and could have sold for twice what was paid here if it were unmolested. LOT 389. DUNLOP TIRES BLOND DIE-CUT TIN PINUP GIRL. Condition: 8.75. SOLD AT: $1,265. Over a dozen of these European tin pin-up girls who advertised all sorts of automotive products were offered here. Prices were all over the board but none came close to the $5,200 that another example of this one brought a few years ago. LOT 252. TIDEWATER ASSOCIATED OIL COMPANY PORCELAIN SIGN. Condition: 9. SOLD AT: $715. These little signs went on the door of delivery trucks. Years ago I ran across a couple of dozen when I lived in Texas. I sold them for what was paid here, so I guess I did okay. LOT 397. RISQUE SHELL TIN PIN-UP GIRL. Condition: 9. SOLD AT: $1,540. Rarely do major international corporations offer advertising this racy. For that reason, it brought serious money. LOT 456. MOBIL LOT 266. PRIDE OF OREGON ETHYL PUMP PLATE. Condition: 9.5. SOLD AT: $2,420. High quality porcelain pump plate that brought serious money as it referenced a specific state. The search is on for the matching one for the regular grade. October 2007 LOT 401. SUPER SHELL GASOLINE PUMP PLATE. MARINE FIVE-POINTED SHIELD PUMP PLATE. Condition: 9. SOLD AT: $1,430. The last one of these I saw went for $4,400, which made no sense. This one had a small chip at the lower mounting hole but was very presentable. Sold for the right money. LOT 595 MOBILOIL “ASK HERE FOR GARGOYLE” CURB SIGN. Condition: 9.5. SOLD AT: $1,320. These signs were placed outside service stations and were subject to all kinds of abuse. They are not often found in this condition, so price paid was correct. ♦ LOT 452. MOBIL KEROSENE FIVE-POINTED SHIELD PUMP PLATE. Condition: 8.75. SOLD AT: $2,200. This is the rarest of the couple of dozen different Mobil pump plates but it is the second one we have seen change hands at this price in the few months, so that's the market-correct price. LOT 402. SHELL NIGHT LUBRICATION DOUBLESIDED PORCELAIN SIGN. Condition: 7. SOLD AT: $4,950. This seldom-offered sign was lacking a bit, with numerous chips in the center of both sides. It was also lacking in the gloss department but rarity trumped condition and two serious Shell collectors decided they had to have it. OIL 21-INCH PORCELAIN SIGN. Condition: 9. SOLD AT: $1,980. Very desirable smaller double-sided sign with a large oak sign. Both sides had been completely restored and clear coated, which hurt the final price. LOT 508. STANDARD OIL OF NEBRASKA 30-INCH PORCELAIN SIGN. Condition: 9. SOLD AT: $710. Desirable sign had been completely restored. In acceptable original condition, it would have sold for three or four times as much. 133

Page 132

Bike Buys Paul Duchene Royal Enfield's Mighty Dud The 736-cc Interceptor should have been a Bonneville-sized hit, but it was fumbled away by poor distribution and lack of support R oyal Enfield may be the only motorcycle manufacturer to span three centuries, beginning in England in 1899 and still making motorcycles today. A cynic might observe that time has stood still for the last 50 years while 1955 Bullet singles were made in India, but new developments are afoot in England (5-speed gearboxes, lean burn engines, and disc brakes), and the company is easing into the 1980s at least. The Indian Enfields are develop- ments of the 1955 Bullets of 350 cc and 500 cc, but while those workhorses thumped away in the dust of Madras, the English parent company developed what might be called England's first modern superbike. The 736-cc Interceptor of 1962 was aimed squarely at the American market—a 52-horsepower, 120-mph twin developed from the 700-cc Meteor and Constellation. It was rare during its ten-year production and it's rarer today, but it's a worthy competitor to the 1969 Honda CB750 and proof that not all British bike makers died with a whimper. The Royal Enfield motorcycle factory in Redditch, Worcestershire, developed from a bicycle maker, as did many in England. It also made rifle parts back in 1890, which explains the cannon on the badge and the motto “Built like a gun, goes like a bullet” (though those same cynics say, “Built like a gun, occasionally goes bang.”) The company dabbled in lawnmowers and stationary engines and even made quadricycles with De Dion engines in 1898. Royal Enfield made a dizzying number of models in the early years, everything from 225-cc 2-strokes to 1,000-cc, side-valve Vtwins, but settled into solid Bullet singles, the first appearing in 1932. The company was a regular TT competitor from 1911, but the 4-valve, 500 cc of 1935 was its last entry, and it retired without a single win. Wartime work was divided between 250-cc and 350cc military bikes and the odd 125-cc “flying flea,” designed to be dropped by parachute. The 500-cc Meteor twin appeared in 1949—essen- Honda 750s—then breaks Perfect Interceptor owner: Gleefully overtakes Rating (HHHHH is best): Fun to ride: HHHH Ease of maintenance: HHH Appreciation potential: HHH Attention getter: HHH Years produced: 1962–72 Number produced: 2,990 (including 130 Rickman Interceptors) Original list price: $1,224 in 1965 SCM Valuation: $2,000–$12,500 Tune-up cost: Under $100 DIY Engine: 736-cc, four-stroke, air-cooled twin Transmission: 4-speed Weight: 420 lbs Engine #: Left side of case below cylinder Frame #: Head stock Colors: Black, red, or blue with chrome More: www.ozemate.com/interceptor; www.royalenfield.org.uk SCM Investment Grade: B tially two 250 singles—and was gradually developed through the 1950s to 700 cc, offering a reliable 100 mph. Royal Enfield also tinkered with streamlining at this time, offering a quite handsome Airflow fairing. As a footnote, Enfield singles and twins were sold in the U.S. between 1955 and 1959 as Indians—another benighted attempt to revive the name. However, the agreement expired in 1960, just in time for RE's big chance in the U.S. Royal Enfield had enjoyed trials success since their introduction of the rear swing arm in 1949, and in 1961 Eddie Mulder won the Big Bear Enduro. Elliot Shultz dominated the half-mile dirt track in Los Angeles, and Enfield won 31 of 39 races. The stage was set for a Bonneville-sized hit, but it would be fumbled away by poor distribution and lack of support. Royal Enfield was pretty much a cottage 134 industry at this point, with bikes built by hand in a damp, subterranean WWII factory. The first 211 Interceptors headed for the U.S. in 1961. They were 700-cc models in Enduro form—minus lights, alternator, gauges and muffler, and with a skid plate and 3.25-gallon tank. By all accounts, they were a real handful in the dirt and many were retrofitted to street form. But only 18 have been found, which makes them worth seeking out. The clue is the “VAX” prefix before the engine number. The Mk I Interceptor arrived in 1962 with twin pipes and a lot of chrome—tank, fenders, headlight, and gauges. It had a hefty 25-pound crankshaft, located by a roller main on the timing side and ballrace on the drive end. This was opposite to common practice, but effective. Separate barrels and heads made for easier maintenance, but dry-sump oiling pressurized the entire system and timing cover leaks were inevitable, leading to the “Royal Oilfield” sobriquet. There were 979 Mk Is built, including the “VAX” bikes. Significant mechanical updates arrived with the Mk IA in 1967. Magneto ignition was changed for coils, and Amal concentric carburetors replaced Monoblocs, trading smoother performance for poorer gas mileage. In all, 759 Mk IAs were built. Big changes came with the Mk II in March 1969. The Interceptor adopted a Norton Atlas front fork and wheel and a wet-sump engine to cure some of the oil leak complaints. In all, 1,122 Mk IIs were produced, but the writing was on the wall for the British motorcycle industry, and the factory closed in June 1970. At the very last, yet another attempt to revive the Indian name led Floyd Clymer to order a run of Interceptor motors, but he died with the engines on the dock and they were snapped up by the Rickman brothers, who were always looking for motors. Between 1970 and 1972 the Rickmans built 130 Interceptors with Metisse frames. These are notable for having footpegs actually welded to the exhaust pipes, which nonetheless works. The chances of finding a good Interceptor are slim outside the club, though Barber Motorsports Museum curator Brian Slark says that poor parts supplies in the U.S. must have stranded bikes in barns and garages. The main thing, he says, is to find a bike as complete as possible. “They were quite innovative but sold in such small numbers, I haven't seen a twin for sale in years,” he says. ♦ PAUL DUCHENE has been riding, racing, and writing about motorcycles for 45 years. His work has appeared in the New York Times and Chicago Tribune. Sports Car Market

Page 134

Mystery Photo Answers When asked what criteria SCM uses to select pictures for the Mystery Photo contest, Publisher Martin replied, “Absolutely none,” and referenced this month's example to prove his point. —Kick Wheeler, New Milford, CT And here we have a protoype built by Domino's in the '80s. It can make and deliver 100 pizzas in less than 30 minutes.—Roland Aviles, Brooklyn, NY And to think that some folks still prefer a Ferrari…—John Bryans Fontaine, Westport, CT Always willing to experiment, Smiling Bob tries out Enzyte for tire shine.—Dale Pope, Plymouth, IN Nissan, eager to follow in Toyota's footsteps, sent its engineers deep into middle America to develop their Nextel Cup Car of Tomorrow. Wheelwells shouldn't be a problem on this one.—Joe Loduca, Piedmont, CA Aw, crap. It's got 110 horsepower, I wonder why it won't move?— Peter Zimmermann, Bakersfield, CA Tired of the drifting scene, Omar attempts to break 7 lateral Gs on the skidpad.—Steve Will, Springfield, MO You see, Rodney, I told you you wouldn't get into three separate racing classes with only one car—Daniel Brenzel, Menlo Park , CA Last minute entry in the not-so-super Modified Class—Del RUNNER-UP: If your IQ is below this number, you may bid on this car.—Stephen Miller, Muncie, IN Research indicates the Global Warming Shield protects the vehicle well, with the exception of the tires.—Lance Lambert, Seattle, WA Bowman, Rancho Mirage, CA Because he so skillfully peeled back the layers of mystery and peered deep into the swirling mists of the editorial structure of SCM, Kick Wheeler wins a soon-to-be collectible 1:18-scale model courtesy of Dave Kinney's USAppraisal. ♦ Mystery Photo Response Deadline: September 25, 2007 Our Photo, Your Caption Be the author of the most accurate, creative, or provocative response and receive a sure-to-be-collectible-someday 1/18-scale collector car model, courtesy of USAppraisal. 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 get an official “SCMFright Pig Inspector” cap. Email photos at 300 dpi in JPEG format. This Month's 136 Sports Car Market Robert La Mar

Page 135

Comments with your renewal My favorite magazine out of the six I get. More sports cars—as in your name—especially affordable ones. Keep up the good work.—N. Horowitz, Ardsley, NY A little less hype is needed. The market will go down at some point. Remember 1989?—R. Popovich, Creve Coeur, MO Great publication. How about some articles concerning the behind-the-scenes at auctions?—D. Winkokur, Philadelphia, PA The best magazine on earth. Cover the Lotus Esprit V8. —M. Josephs, West Palm Beach, FL Less high-end money and more emphasis on real-world, grassroots enthusiasts.—C. Hastings, Doylestown, PA Keep up the good work.—T. Lanthier, Salisbury Mills, NY It is absolutely necessary to include all auction results in the online database. Showing only those that caught your reporter's attention skews the real picture.—T. Dittman, St. Jacques-de-Montcalm, Quebec, CAN. We'd love to cover every car at every auction, but the reality of the time-space continuum is pretty strict. Trying to write up 1,200 cars at a Mecum event or 5,000 at Kruse Auburn would require an army of reporters and editors. Instead, we aim for the representative spread. We do capture all published auction results in the summary reports, which show year, model, and price, in the Gold section of our database.—KM I receive 14 magazines a month, but yours is my favorite. Very well written, and the auction comments are entertaining.—E. Reavie, Saint Ignace, MI I enjoy the letters from informed subscribers.—S. Segall, Madison, WI Keep up the good work.—S. Myer, Travelers Rest, SC Those dinky graphs are of no use to us color blind enthusiasts. Less muscle cars and more racing cars.—T. Emdy, Bloomington, MN. Here's to the color blind enthusiast. —Stefan Lombard, Managing Editor, red/green And thanks to all of you for your thoughtful comments and renewals.—KM ♦ October 2007 137

Page 136

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. Email: 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. Series I. Silver/ black. Exceptional. Current owner owned 36 years! Hardtop, books, tools, and more. $84,500. Steve Ahlgrim, italycars@aol.com, 678.361.7997. (GA) 1974 Triumph TR6 Convertible 1967 Jaguar XKE Convertible 1966 Mercedes-Benz 230SL Convertible Ultra rare factory delivered with a ZF 5-speed transmission; better yet, Bob Platz restored at a cost in excess of $150k. All documented. Dark green, cognac leather. None better. $85,000. Matthew L. deGarmo Ltd., 203.852.1670, www.deGarmoLtd .com. (CT) 1976 Porsche 914 Roadster English 1948 MG TC s/n CSII/6/56, engine # FWA400-6/69/75. Important and attractive sports racer. The “wide body” version of Cooper's innovative mid-engine F-II car from which sprung the past fifty years of race cars. Ready to race with some spares. $175,000. Fantasy Junction, chris@fantasyjunction.com, 510.653.7555, www.fantasyjunction.com. (CA) 1960 Austin-Healey 3000 Mk I Fully restored to show level and fully sorted for spirited use. Finished in yellow with green leather, all weather equipment, this gorgeous car features a synchromesh 5-speed transmission making it a true pleasure to use. Matthew L. deGarmo Ltd., 203.852.1670, www.deGarmoLtd.com. 1950 Jaguar XK 120 Ground up, nut and bolt restored to national show standards. Flawless both mechanically and cosmetically and numbers matching. Healey blue, blue leather and top. A superb car in every detail. $55,000. Matthew L. deGarmo Ltd. , 203.852.1670, www.deGarmoLtd.com. (CT) 1963 Morgan 4-4 Roadster JCNA 99pt car. Absolutely spectacular, drives flawlessly. Silver, red leather. Matching numbers. Books, tools, fitted luggage. Body off restored by marque specialist on excellent, rust free original car. Expensive. Matthew L. deGarmo Ltd., 203.852.1670, www.deGarmoLtd.com. (CT) 1953 Jaguar XK 120 DHC Red, Black Connolly Leather. All weather equipment. A great driver from a private collection. Clean and straight, nice paint, mint interior. Runs and drives without fault. $27,500. Matthew L. deGarmo Ltd, 203.852.1670, www.deGarmoLtd.com. (CT) 1966 Austin-Healey 3000 Mk III Nicely preserved older restoration in spectacular colors. Recent majorservicing to make sure the car is perfect mechanically. All originalcomponents add to the unique charm of this car. $75,000. Steve Markowski, rpm@rpmvt.com, 802.877.2645 / 802.598.0385. www.rpmvt.com. (VT) 1956 Cooper T-39 Bobtail Concours Registry Certified, Matching NumbersSpectacular professional documented frame off restoration. Less than 600 miles since. Healey Blue/Ivory coves, blue leather. Wire wheels, Michelins,Overdrive, Original 6 blade fan /rare car jack.Private Collector seller. $77,500. Garforth54@aol.com, 941.366.5754. (FL) A spectacular car we have known and loved for many years. Immaculate throughout, sorted to the nines by a fanatic 356 owner. Silver, blue leather, blue top, factory removable roll bar, correct radio, correct wood wheel. Ready now for touring. $85,000. Matthew L deGarmo, 203.852.1670, www.deGarmoLtd.com. (CT) 138 All factory recalls performed, every record and repair order. Non-Dual Mass flywheel. Doesnt leak one drop of oil! No paint work, great colors. 40,000 documented miles. $32,000. Steve Markowski, rpm@rpmvt.com, 802.877.2645 / 802.598.0385, www.rpmvt.com. (VT) Sports Car Market 2.2 liter with E cams & Dell'Orto carbs, 5 speed, new clutch & cable. New front rotors & pads, Yokohama tires, sunroof. Body & interior very good. 59,000 miles. $5,995. 503.641.1537 or audiot1@comcast.net. (OR) German 1961 Porsche 356B Roadster White/tan, 17,100 miles. Collector quality. Last year of the bulletproof classic 560SL. 2 owners. Exceptional. $32,500. Steve Ahlgrim 678.361.7997. Italycars@aol.com. (GA) 1990 Audi V8 Gold, perfect tan interior, rare survivor, mostly original showroom condition, loaded. Has to be the best car anywhere. $5.995. Russ Alexander, 949.689.4065 1991 Porsche 911 Carrera 4 Cabriolet Restored in Calif. 1990. Driven summers only and meticulously cared for since by two fussy owners. Teal green, saddle leather. lovely car, ready to enjoy now. $18,500. Matthew L. deGarmo Ltd., 203.852.1670, www.deGarmoLtd.com. (CT) 1976 Bristol 411 Mk V 42,000 Original Miles. Absolutely NO rust, meticulously maintained. Original Mahle wheels + 4 Fuchs, Full set of factory repair manuals. $12,500. Mick Krause, mixoutracin@sbcglobal.net, 847.526.2332, (IL) 1973 Mercedes-Benz 350SL Convertible The Gentleman's Express. Solid example of a very special marque's strict adherence to the principles of fine engineering and quality workmanship. Aluminum body, factory sunroof. $35,000. Fantasy Junction, chris@fantasyjunction.com, 510.653.7555, www.fantasyjunction.com. (CA) 1977 Lotus Eclat Bob Hatch prepared, original, flawless car. White, black interior, rare 4-speed transmission. Original tools, books etc. Perfect in every way. $35,000. Matthew L. deGarmo Ltd. ,203.852.1670, www.deGarmoLtd.com. (CT) 1989 Mercedes-Benz 560SL Convertible

Page 138

SCM Showcase Gallery 2003 Volkswagen Passat W8 1968 Maserati Mexico The V-8 “Pantera GT Coupe”Fast, Ford powered, super exotic by De Tomaso. Rare, beautiful, 140 mph plus and affordable! $25,000. Bill Hair, automojo@hughes.net, 805.466.1015. (CA) 1982 Ferrari 400i 6speed, BBS wheels, sport suspsension, quattro, chipped to 300HP, synthetic oil only, 15k miles, CD changed, Indigo Blue Pearl/Dove gray leather. $18,900. Michael Iannelli, 305.248.1700, (FL) 2005 Mercedes-Benz S430 sedan Loaded, one owner, immaculate. 33k miles. Black and Black Jerry Shapiro, 816.210.6311, (MO) Italian 1966 Alfa Romeo 2600 Sprint Zagato For restoration or fix up. Rough, runs and drives but unreliable - probably fuel pump. Black, 5 speed convertible. $1,788. Tom Gray, 651.429.5559, (MN) 1989 Maserati 430 1 of 250 built. Fully detailed engine compartment. As Henry Manney pointed out “Every cigarette smuggler in Italy owns a Maserati”. Greatly under appreciated. With its 4.7 V-8 and ZF 5-speed this is a truer Gran Turismo. $65,000. Fantasy Junction, chris@fantasyjunction.com, 510.653.7555, www.fantasyjunction.com. (CA) 1972 Ferrari 365 GTC/4 coupe Original blue paint/tan interior, 41k miles, reliable, Bosche injection, rebuilt GM auto, alternators and water pump. The 4 can timing of this V12 is driven by double roller chain - not belts. $24,900. Rockwell, 317.255.2350, (IN) 1982 Ferrari 308 GTSi Silver/Blue Metallic With Light Gray Bottom, Blue leather & Suede Interior, Power locks, power Windows, Power Seats, Alpine radio And Speakers, 23,000 Original Miles, 5 Speed2nd owner, New ansa exhaust, ICE COLD A/CAlways serviced At Algar Maserati & Ferrari Dealer, “PROBABLY THE BEST 430 IN AMERICA” Berardino, 215.783.3225, (PA) True example of Alfa/Zagato synergy combining lightened body work with straight six performance. Phenomenal mechanical condition with excellent original interior. 1 of 105 built. Recent work. Weber carburetors. $92,000. Fantasy Junction, chris@fantasyjunction.com, 510.653.7555, www.fantasyjunction.com. (CA) V12, 5-speed, 60000, Fly Yellow, Black, 14791. Excellent touring car for rallies and vintage events. Daytona seats, Cromadora wheels. $95,000. Susan Dixon, sdixon750@gmail.com, 860.485.5051, (CT) 1976 De Tomaso Longchamp Always kept in air conditioned garage. Original paint. In very good condition. $39,500.Hormoze Goudarzi, hormozeg@gmail.com, 910.395.6442 (NC) 1985 Alfa Romeo Spider Veloce Japanese 1975 Datsun 260Z 151k miles 1st owner in ATL sold to cousin/ my college pal in California. No rust or dents, carefully maintained, new Bridgestones, cold AC. Enjoyable 300 mile trip last summer. Easy cosmetic restoration! Nick, NickCandee@aol.com, 617.962.2498, (WI) American 1940 Ford ORDER YOURS TODAY! Just $17.95, plus shipping. shipping. Keith Martin's Guide to Car Collecting is an almanac worth its weight in vintage Weber carburetors. Created especially for fans of collectible cars and Sports Car Market. Filled with over 300 pages of incisive articles, hard data, market analysis, and the world's largest resource directory for collectors. s et arges Also Available $19.95 each plus shipping. To Order: Phone 800.289.2819; Fax 503.253.2234; Online at www.sportscarmarket.com 140 Race, Fiberglass, 2, 350, Racing T-10, Metallic Blue/ Black. This car is an excellent vintage “B” production Corvette from the glory year of 1969. Originally a Randy Peterson car, it is built for winning vintage B Production racing, with a tall driver at the wheel. The current owner is 6' 9”, but the seat can easily moved Sports Car Market st rs. Mint restored. $110,000. Dan Knight, 602.595.8351, (AZ) 1969 Chevrolet Corvette Roadster Steel street rod. Chevy drive train p/s, disc brakes, tilt, cruise, air, heat, Midnight blue/leather and a killer stereo. $55,000. Mike Moses, 630.980.9510. (IL) 1946 Ford Super Delux Woody

Page 139

Plymouth forward to accommodate smaller drivers. It has been professionally rebuilt and maintained by one of the top vintage racing shops in the country. Equipped with the best racing equipment and a very strong motor, it is a class-winner in the right hands! The car is readyto-race in HMSA, SOVREN, and many other Vintage series. It can be inspected in the Seattle, WA area. $65,000. Dominic, dominic@dobsonmotorsport.com, 206.660.0399. (WA) 1971 Ford Mustang Mach I Yellow with black stripe, black, 1f02h125065, Runs great! in great condition! angie stevens, angieaswims@hotmail.com, 757.870.1148. (CA) 1973 Ford F-350 One owner, 50k miles, always garaged, electric winch, 10-ft aluminum ramps. $5,500. Robert Aronson, 203.215.4846 / 203.874.7916. (CT) Cobra Replica Roadster Hi-tech 427 SC Cobra. Just completed. Everything fresh. A top-of-the-line replica of a million dollar car. $75,000. Jack Richards, 928.771.9375. (AZ) 2006 Corvette Z06 Across RARE -ONLY 282 produced in Daytona Sunset Orange, 2LZ Package, plus ALL options including Navigation and SAT Radio, Immaculate throughout and like New Condition, Adult owned (non-smoking). Only 6-k Miles. You won't find a nicer example. $64,500 or best offer. 585.749.4600. (NY) Misc Porsche Sport Annuals 1. Historical ship associated with the Plymouth brand 6. 1956 Plymouth limited production line 8. Self concept 11. 1950 Plymouth concept car: __ 500 12. Visited 14. Spoil 15. French for sea 17. Design plan 18. Company, for short 19. 30th state, abbr. 21. Carry out, as a task 22. Keyboard getaway key 24. Plymouth fit for a prince 26. Come first 28. Race start word 29. See 32 across 30. Billboard maker 31. Hawaiian wreath 32. 1960 Valiant alternative (with 29 across) 34. Plymouth Model __ 4-Door De Luxe Sedan of 1931 35. Football org. 39. TV medical drama 40. Of the earth 41. Street, abbr. 42. Hillman Avenger nationality, abbr. 1972–73. Very good condition. Other automobilia, brochures, posters, programs Frank Battaglia, Automoblia@aol.com ♦ October 2007 43. 14th letter 45. Each, abbr. 47. Plymouth's 1990s compact 49. Tear 51. Province of Western CAN 53. Not using much gas, e.g. 57. Metal 59. Survive 60. Nonverbal “yes” 61. Plymouth's 1939 touring sedan (with 48 down) 63. Girl Guides, abbr. 64. Catherine ___ Jones 65. Original manufacturer's model, briefly 67. 16th President 68. Alien who was too good for earth? 69. Plymouth SUV Down 1. Plymouth name evolved from this car 2. Hey! 3. Plymouth sport-compact built by Diamond Star 4. That's great! 5. Giving new shape to 6. Exner's late '50s styling theme (2 words) 7. Measured on the tach 9. ATL locale 10. Plymouth roadster of the 1990s 13. Climate control option 16. Text amender, for short 17. The rascal Plymouth 18. Pebble Beach state 20. Obsessively absorbed in 23. Mediterranean, for example 24. Late '70s Plymouth 25. Des Moines's state 27. Prosecutor, briefly 33. 1970s Plymouth similar to the Demon 34. 1934 __ 4-Door sedan 36. Oversees federal elections, for short 37. Hillman Avenger became this Plymouth 38. Grand Voyager ___ 42. 1990s Plymouth sedan 44. Small car shared Plymouth and Dodge 46. Fundamentals 48. See 61 across 50. Rhymester 52. Wheels 54. Tie up the boat 55. Plan 56. Trucks haul this 57. Beware of these in March 58. Look lovingly at 62. ___ Dhabi 66. Flint state For solution, go to: www.sportscarmarket.com/crossword 141

Page 140

RESOURCE DIRECTORY Advertise in the SCM Resource Directory. Call 877.219.2605 x211 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) Barrett-Jackson Auction. 480.421.6694, 480.421.6697. 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 & Butterfi elds. 415.391.4000, 415.391.4040. 220 San Bruno Avenue, San Francisco, CA 94103 www.butterfi elds.com. (CA) Branson Collector Car Auction. 800.355.3063, 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. 950 Greenlee St., Marengo, IL 60015. Auctions: Orlando, Kansas City, Rockford, Bloomington Gold, St. Paul, Des Moines, Carlisle, and Chicago. Nobody Sells More Muscle Than Mecum. Nobody. www.mecumauction.com. (IL) Palm Springs Auctions Inc. Keith McCormick. 760.320.3290, 760.323.7031. 244 N. Indian Canyon Dr., Palm Springs, CA 92262 www .classic-carauction.com. (CA) ing over 35 auctions per year. Home of the 480-acre Auction Park in Auburn, IN, where the 37th Annual Labor Day Auction will be held with over 5,000 cars and 150,000 people. www.kruse .com. (IN) and antique cars with experience and integrity for 24 years. North Carolina auction license 4017. www.tommackclassics.com. (NC) Alfa Romeo Centerline Alfa Parts. 888.750. ALFA(2532), Call for free catalog, or visit www.centerlinealfa.com for online shopping, color product photos, tech tips, photo galleries and more. Exclusively Alfa for over 25 years, we have hands-on experience with Giulietta through 164. We're constantly adding new parts, accessories, and performance items, so check in often for the latest updates. www.centerlinealfa .com. (CO) Jon Norman's Alfa Parts. 510.524.3636, 1221 Fourth Street, Berkley, CA 94710. Large selection of parts from 1900 series to Milano. Effi cient, personal service. 510.525.9435. (CA) American Shelby American Automotobile Carlisle 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) Christie's. 310.385.2600, 310.385.0246. 360 N. Camden Dr., Beverly Hills, CA 90210. www.christies .com. (CA) RM Auctions, Inc.. 800.211.4371, 519.351.1337. Our team of highly qualifi ed professionals with over 25 years of experience will perform complete classic car collection appraisals. Your collection will be assessed by superior appraisers who are exceptionally detailed and want you to get the most value from your collection. RM is the world's largest vintage automobile house specializing in vintage automobile restoration, auctions and appraisals. www.rmauctions.com. (CAN) Russo and Steele Collector Auto- mobiles. 602.252.2697, 602.252.6260. 5230 South 39th Street, Phoenix AZ 85040. info@russoandsteele.com; www.russoandsteele.com. (AZ) Gooding & Company. 310.899.1960, 310.899.0930. (August 18 and 19) - The Pebble Beach Auction has added a Saturday evening auction to the week's events. Now offering more of the fi nest cars traditionally available on Sunday's famed auction following the Concours d'Elegance. www.goodingco .com. (CA) H&H Classic Auctions. +44.01925.730630, +44.01925.730830. Whitegate Farm, Hatton, Cheshire WA4 4BZ England. www.classic-auctions .com. (UK) Kensington Motor Group, Inc. 631.537.1868, 631.537.2641. P.O. Box 2277, Sag Harbor, NY 11963. Kenmotor@aol.com. (NY) 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 fi nest automobiles and vintage watercraft. www.wwgauctions.com. (TX) Tom Mack Classics. 888.TOM. Kruse International. 800.968.4444, 5540 CR llA Auburn, IN 46706. Largest Collector Car Auction Company, hold- 142 MACK, PO Box 1766, Indian Trail, NC 28079. Three annual auctions in Charlotte, NC: April, September, and January. Selling Southern muscle, collector, Santiago Collector Car Auctions. 405.475.5079, 501 E. Britton Rd., Oklahoma City, OK 73114. Rocky: rockydb5@sbcglobal.net. (OK) Silver Auctions. 800.255.4485, 2020 N. Monroe, Spokane, WA 99205. silver@silverauctions.com. www.silverauctions.com. (WA) Auto Appraisal Group. 800.848.2886, Offi ces located nationwide. Pre-purchase inspection service, insurance matters, charitable donations, resale vales, estates, expert witness testimony. On-site inspection. Certifi ed, confi dential, prompt, professional. “Not just one man's opinion of value.” See web site for locations and service descriptions. www.autoappraisal.com. California Dream Cars Apprais- als. 888.314.3366, Over 30 years experience in Southern California appraising classic, antique, special interest, muscle and custom to current-year models. Specializing in pre-purchase inspections, stated value insurance appraisals, insurance disputes, and expert witness testimony. For more info, visit our web site. www.caldreamcars.net.. (CA) 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) Antiques Solvang Antique Center. 805.688.6222, California's Premier Antique Collective features 65 extraordinary dealers. Quality 18th and 19th century furniture, decorative accessories, fi ne art and estate jewelry. One of the fi nest selections of antique clocks, watches and music boxes in the world. www.solvangantiques.com. (CA) Appraisals Gooding & Company. 310.899.1960, Gooding & Company's experts are well qualifi ed 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. (CA) RM Auctions, Inc.. 800.211.4371, 519.351.1337. Our team of highly qualifi ed professionals with over 25 years of experience will perform complete classic car collection appraisals. Your collection will be assessed by superior appraisers who are exceptionally detailed and want you to get the most value from your collection. RM is the world's largest vintage automobile house specializing in vintage automobile restoration, auctions and appraisals. www.rmauctions.com. (CAN) 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 www .usappraisal.com. (VA) Automobilia GMP. 800.536.1637, GMP offers the best value possible in accurately detailed diecast models through exhaustive research and development followed by uncompromising quality control standards in design, modeling, and manufacturing. We are the diecast leaders. Your collection starts here. www .gmpdiecast.com. (GA) Spyder Enterprises. 831.659.5335, 831.659.5335. Since 1980, providing serious collectors with the fi nest selection of authentic, original vintage posters, pre-war thru mid-1960s; mainly focused on Porsche, Ferrari, Mercedes, and racing. Producer of “Automobilia Monterey,” with 38-page list of memorabilia available. singer356@aol.com www .vintageautoposters.com. (CA) Steve Austin's Automobilia & Great Vacations. 800.452.8434, European Car Collector tours including Monaco & Goodwood Historics, private collections, and car manufacturers. Automobile Art importer of legendary Sports Car Market

Page 141

artists Alfredo de la Maria and Nicholas Watts. www.steveaustinsgreatvacations .com. Buy/Sell/General 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) 2shores International. 49.5691.912460, 49.5691.912480. Based in Germany, working worldwide. Connecting buyers and sellers of collectible cars in a global market place. International Classic Car Events. Serving our clients with compassion, loyalty, and 15 years of experience. Your trusted partner in Europe! www.2-shores-classics .com. (DE) Blackhawk Collection. 925.736.3444, 925.736.4375. Purveyors of rolling art. The Blackhawk Collection is one of the world's foremost companies specializing in the acquisition and sale of both American and European classic, coachbuilt, and one-of-akind automobiles. www.blackhawkcollection.com. (CA) ProTeam Corvettes. 888.592.5086, 419.592.4242. Over 150 Corvettes 1953-2003; also Corvettes wanted. Free catalog. proteam@proteamcorvette.com www.proteamcorvette.com. (OH) Classic Car Transport Auto Transporting by P.C. Bear. 717.859.1585/321.287.9368, Born 1941, car nut since 1943, transporting since 1994. For answers to all your questions, call the guy that loads and drives the truck. www.pcbeartransport.com. (PA) Intercity Lines, Inc.. 800.221.3936, 413.436.9422. Rapid, hassle-free, coastto-coast service. Insured enclosed transport for your valuable car at affordable prices. State-of-the-art satellite transport tracking. Complete service for vintage races, auctions, relocations. www.intercity.lines.com. (MA) The Carcierge. 561.541.6696, 461.241.6613. At The Carcierge, our facility has been designed to provide secure storage at appropriate temperature and humidity levels. We also offer our CarCare program, designed to protect your automobile from the damage that can occur when it is idle. www.thecarcierge.com. (FL) 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 Financing J.J. BEST BANC & CO. 800. 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 fi t; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase .com www.classicshowcase.cin. (CA) Legendary Motorcar Company. 905.875.4700, North America's premier muscle car center, specialized in restoring and trading the fi nest 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 .legendarymotorcar.com. (ON) Doc's Jags. 480.951.0777, Grundy Worldwide. 800.338.4005, Paul Russell and Company. 978.768.6092, 978.768.3525. Since 1978, offering restoration and sales of October 2007 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, Infl ation Guard, and Auto Show Medical Reimbursement. Fast, immediate quotes. www.grundy .com. (PA) 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) JWF Restorations, Inc.. 503.643.3225, 503.646.4009. Jim Feldman, 11955 SW Faircrest St., Portland, OR 97225-4615. AC restoration specialist. 35 years experience. Partial to full USA.1965, Call Now or Apply Online. The nation's oldest and largest classic car fi nancing specialist. Low national fi xed rates starting at 6.99%. Five-minute approvals. Terms up to 12 years. Simple interest. Pre-qualify for auctions. Financing for Antique, Classic, Exotic, Hot Rod, Kit, Muscle, Luxury & Sports cars. Dealer inquiries welcome. www.jjbest.com. (MA) Collector Car Insurance restorations done to street or concours standards. (OR) Kevin Kay Restorations. Heacock Classic. 800.678.5173, We understand the passion and needs of the classic car owner; agreed value, one liability charge, 24-hour claim service and paying by credit card. We provide classic car insurance at rates people can afford! Instant quotes at www.heacockclassic.com. www.heacockclassic .com. (FL) Motor Sport Personal Accident 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 specifi c events. Please contact Mark Cooke and or Kevin Way. www.swiftbermuda.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) 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 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 fi nd it for you (at low prices). Please call anytime for straight advice on the market. Finder's fee gladly paid. simonrandy@aol.com (CA) Garage/Tools Baldhead Cabinet Company. 877.966.2253, Offering a fi ne selection of quality metal garage cabinets suitable for shop and residential garage applications. SS and custom colors available. Many modules to choose from. Call for a custom quote and drawing. See ad in this issue. www.baldheadcabinets.com. (CA) Aston Martin of New England. 781.547.5959, 85 Linden Street, Waltham, MA 02452. Proudly appointed Aston Martin Heritage Dealer for the USA. New and pre-owned Aston Martins are our specialty. Please contact us when buying, selling or restoring. www .astonmartin-lotus.com. (MA) Austin-Healey Club USA. 888.4AHCUSA, 503.528.0533. 8002 NE Hwy 99, Ste B PMB 424, Vancouver, WA 98665-8813. Oldest national Austin-Healey club and factory club heritage. Members recieve Austin-Healey Magazine, Resource Book, calendar, tech assistance, book discount. Annual dues still just $35. www.healey.org. (OR) Deltran Battery Tender. 386.736.7900, Our chargers are the most technologically advanced in the world. Microprocessor-controlled fully automatic “smart chip” charging applies the correct logic to extend battery life signifi cantly! Safe, dependable and will not over-charge your car battery! www .batterytender.com. (FL) German Alex Dearborn. 978.887.6644, 978.887.3889. Topsfi eld, MA. Buying, selling and trading vintage Mercedes. Specializign in 300SLs. Large database of older M-Bs. www.dearbornauto.com. (MA) 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 fi t; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase .com www.classicshowcase.cin. (CA) 143

Page 142

RESOURCE DIRECTORY Gull Wing Group International, Gary Estep. 530.891.5038, 776 Cessna, Chico, CA 95928. Dedicated to the enjoyment and preservaton of 1954 to 1963 Mercedes-Benz 300SL coupes and roadsters. Member benefi ts include: twelve monthly magazines per year plus a national convention that rotates its location around the country. gestep3457@aol.com. (CA) Restoration - General Doc's Jags. 480.951.0777, Re-Originals. 713.849.2400, 713.849.2401. The U.S. source for original, complete seats and covers, bulk upholstery materials, original rubber mats and gaskets, original European taillights, headlights, grilles, windshields. Visit our website for complete listing. www.reoriginals.com. (TX) Inspections Performance Restoration. Automobile Inspections LLC.. 860.456.4048, 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 Covercraft Industries. 800.4.COV- ERS (426.8377), World's largest manufacturer of custom vehicle covers. Over 58,000 patterns in our library and we can custom make a cover to your dimensions. Thirteen (13) fabrics for indoor/outdoor protection of your classic or daily driver. Made in USA www .covercraft.com. (OK) 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 fi nish your projects. supercharged@alltel .net. (OH) Sports and Competition Morris and Welford. 714.434.8562 /203.222.3862, We operate an international specialist historic car consultancy and brokerage company based on both the East/West Coasts of the US and the UK offering specialist brokerage services of important historic cars to buyers and sellers throughout the world. www .morrisandwelford.com. (CA/CT/UK) Vintage Events 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) Guy's Interior Restorations. 503.224.8657, 503.223.3953. 431 NW 9th, Portland, OR 97209. Award-winning interior restoration. Leather dyeing and color matching. (OR) Griot's Garage. 800.345.5789, The ultimate online store for automotive accessories and car care products. www .griotsgarage.com. (WA) Muscle Car 1000. 949.838.7076, Re-Originals. 713.849.2400, 713.849.2401. The U.S. source for original, complete seats and covers, bulk upholstery materials, original rubber mats and gaskets, original European taillights, headlights, grilles, windshields. Visit our website for complete listing. www.reoriginals.com. (TX) October 7–12, 2007. This six-day luxury tour of Southern California includes exceptional muscle cars, exclusive activities, exquisite dinners, premium hotels, great friends, and fi ne 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) © 144 Sports Car Market

Page 143

Advertise in the SCM Resource Directory Call 877.219.2605 x 211 for information e-mail: scmadvert@sportscarmarket.com October 2007 145

Page 144

Carl Bomstead eWatch 1,500 Bulbs Make For Bright Idea Mazda display pays for itself, Sinclair buckle makes bogus frame, Polly Parrot can at full value Thought Carl's Ever notice how you can often solve one problem only to create a different, but equally serious one? A case in point is eBays's recent attempt to minimize fraud and protect the buyer's identity by identifying them by bidder number rather than their eBay handle. One problem solved, but now you can tell a buddy what your reserve is on an item you are selling and have him bid like crazy up to that amount, and no one is the wiser that the hyperspace chandelier is busily at work. Sometimes the best of intentions… EBAY #270133943548— EBAY #320122033188—RACINE TIRES MORFORD AUCTIONS LOT 22—COLLECTION OF SHELL OIL SERVICE PINS. Number of Bids: Unknown. SOLD AT: $770. Date Sold: 6/8/2007. This collection of 15 early Shell pins included a few with diamond chips and cloisonné enameling. One was dated 1937. At a touch over $50 apiece, these were well bought as the winged examples are worth about $100 each, as is the orange Shell service pin. Price paid does not even count the leather that was used in mounting this collection together. TIN FLANGE SIGN. Number of Bids: Buy It Now. SOLD AT: $2,400. Date Sold: 7/8/2007. This early tin tire sign was in very acceptable condition and unique in that it had different slogans on each side. Seller sold another example in slightly better condition a few weeks earlier for $2,600. Early tire advertising is always of interest and the price paid here was spot-on. EBAY #150138557001—MARX TIN P CANNONBALL KELLER E & RACER WITH BOX. mber of Bids: 21. SOLD AT: 504.99. Date Sold: 7/9/2007. This oy dates to 1949 and the driver, ailer, and race car were made of . The box was in decent condition and pictured the coupe, trailer and a rather goofy looking Cannonball Keller. Seller stated the windup mechanism was in good working order. The car and packaging were both in good condition so the price paid was not out of line. EBAY #140133939316—MAZDA AUTOMOBILE BULB DEALER DISPLAY. Number of Bids: 20. SOLD AT: $685.99. Date Sold: 7/9/2007. This four-drawer dealer auto bulb display contained 140 boxes of bulbs and the seller stated there were about 1,500 included. The display appeared to be in excellent condition and was nicely presented with 30 high resolution pictures. It even had a dual bulb tester in front. Cool display piece, and by selling his car buddies needed bulbs at 50 cents apiece, the buyer will be quickly ahead of the game. MORFORD AUCTIONS LOT 170—STANDARD OIL NAME BADGE. Number of : Unknown. SOLD AT: $1,155. Date Sold: 6/7/2007. Oil company name badges were the hot ticket when, a few years back, two determined and well-heeled collectors paid whatever it took to own the ones they coveted. One of the two collectors recently passed away and now his badges are back in circulation. This one sold for about what one would expect but for far less than he paid for it in the heyday of badges. SUBSCRIPTION INFORMATION Sports Car Market magazine (ISSN #1527859X) is published monthly by Automotive Investor Media Group, 401 NE 19th Street, Suite 100, Portland, OR 97232. Periodicals postage paid at Portland, OR, and at additional mailing offices. Subscription rates are $58 for 12 monthly issues in the US, $78 Canada/Mexico, Europe $88, Asia/Africa/Middle East $98. Subscriptions are payable in advance in US currency. Make checks to: Sports Car Market. Visa/MC accepted. For instant subscription, call 24-hours 800.289.2819, 503.261.0555; fax 503.253.2234; www.sportscarmarket.com. 146 EBAY #150133726422-- SINCLAIR LICENSE PLATE TOPPER. Number of Bids: 14. SOLD AT: $308. Date Sold: 7/24/2007. A buddy bid on this and got cold feet, then called to ask my opinion. I said I thought it looked like a new enameled belt buckle I had seen at swap meets, adapted as makeshift license plate attachment. He agreed, but before he could remove his bid, someone took him off the hook. In my opinion, the buyer wasted his money on a phony piece. ♦ POSTMASTER Send address changes to: Sports Car Market PO Box 4797, Portland, OR 97208 CPC IPM Sales Agreement No. 1296205 Sports Car Market POLLY PENN 5 QUART FULL CAN. Number of Bids: 27. SOLD AT: $2,032. Date Sold: 7/22/2007. There are only a handful of these cans known and this one was in very acceptable condition. Can guys debate the desirability of emptying vintage cans or keeping them full of the original oil. If full they dent if dropped and often leak over time but are, of course, more original. In the end they sell for about the same either way. Price paid here was a touch on the light side, as this graphic can is very scarce and anything with the Wilshire Oil Company Polly Parrot brings serious money.