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Sports CarMarket $600k COMP LUSSO $100k HEALEY • '69 TRANS AM • STUART TANK • 209 CARS RATED Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends Slow But Sweet September 2006 '87 PORSCHE 930 Values Finally Rising ENZO CRASH The Inside Story

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Sports CarMarket Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends 40 Pretty car, blasé racer 46 September 2006 .Volume 18. Number 9 Healey garage queen 60 How much for the Howmet? COLLECTOR CAR PROFILES 40 1963 Ferrari 250 GTL Lusso ‘Competizione' Luxurious, yes. Competitive, not really. Worth it, certainly. John Apen 46 1967 Austin-Healey 3000 One Healey owner's patience pays off. Gary Anderson 50 M3 A1 Stuart Light Tank Tanks for the memories. Stuart Lenzke and B. Mitchell Carlson 52 1987 Porsche 911 Turbo Prices are starting to climb on these screamers. Jim Schrager 56 1969 Pontiac Trans Am Ram Air III Still a good buy. Colin Comer 60 1968 Howmet Turbine Spinning the history of a turbine winner. Thor Thorson 209 CARS RATED BY OUR EXPERTS 64 Bonhams, Monaco Italians carry the day at this $7.5m Continental sale. Richard Hudson-Evans 76 Christie's Greenwich, CT Rain couldn't dampen bidding spirits, as 31 of 40 cars sell. Dave Kinney 88 Mecum, Belvidere, IL Themuscle car steamroller continues, with $29m in receipts. Daniel Grunwald 100 RM Auctions, Novi, MI Sales fall off slightly, despite the pleasant spring weather. Norm Mort 112 Bonhams, Hendon, U.K. Among old war birds of the RAF, total sales climb to $1.3m. Richard Hudson-Evans 124 H&H Auctions, Buxton, U.K. Consistency reigns at this northern sale, with an 85% hit rate. Richard Hudson-Evans 134 RM Auctions, Los Angeles, CA Bidding soars for Kustom Kulture, and a few cars, too. Dave Kinney Cover photograph: FOTOSTUDIO ZUMBRUNN 140 eBay Motors Everyone needs something…special for 17-Mile Drive. Geoff Archer

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28 38 It's not half the car it once was COLUMNS 8 Shifting Gears The good word from Goodwood Keith Martin 26 Affordable Classic The curse of the TR7 Rob Sass 28 Legal Files Stefan Eriksson and the saga fit for Hollywood John Draneas 44 Sheehan Speaks: Used Ferraris pre-purchase checklist Michael Sheehan 48 English Patient The Elva Courier, 40 years on Gary Anderson 54 Porsche Gespräch $25,000 Porsche best buys Jim Schrager 58 Domestic Affairs Upgrading our '63 Corvette Colin Comer 142 Motobilia All things Von Dutch bring big money in L.A. Carl Bomstead 146 Bike Buys Taking the Matchless G50 to the street Paul Duchene 162 eWatch The pitfalls of a private auction Carl Bomstead Rallye des Princesses FEATURES 30 Dennis Francis: If I Can't Find It, I'll Make It 32 Use Tax:What Uncle Sam Wants From Your Car 34 Miles Across Montana: Collier Takes His F1 Off Road 36 Cheap Fare: Hailing the Last Checker Cab 38 Rallye des Princesses:More Than Just a Pretty Face DEPARTMENTS 10 Crossing the Block / Auction Calendar 12 The Inside Line 14 You Write, We Read 16 Display Advertisers Index 22 Neat Stuff 24 Our Cars: 2006 BMW M5, 1960 Alfa Romeo 2000 Spider, 1967 Jaguar XKE Convertible 27 20 Year Picture 116 Glovebox Notes: 2007 Jeep Compass 4X4, 2007 BMW M6 138 Alfa Bits 141 FreshMeat: 2007 Shelby GT500 Convertible, 2007 Porsche 911 Turbo, 2007 Chevrolet Corvette Z06 144 Featured Artist: Harold Cleworth 148 Mystery Photo 149 Comments with Your Renewal 150 Showcase Gallery s not half the car it once was COLUMNS 8 Shifting Gears The good word from Goodwood Keith Martin 26 Affordable Classic The curse of th It's not half the car it once was COLUMNS 8 Shifting Gears The good word from Goodwood Keith Martin 26 Affordable Classic The curse of the TR7 Rob Sass 28 Legal Files Stefan Eriksson and the saga fit for Hollywood John Draneas 44 Sheehan Speaks: Used Ferraris pre-purchase checklist Michael Sheehan 48 English Patient The Elva Courier, 40 years on Gary Anderson 54 Porsche Gespräch $25,000 Porsche best buys Jim Schrager 58 Domestic Affairs Upgrading our '63 Corvette Colin Comer 142 Motobilia All things Von Dutch bring big money in L.A. Carl Bomstead 146 Bike Buys Taking the Matchless G50 to the street Paul Duchene 162 eWatch The pitfalls of a private auction Carl Bomstead Rallye des Princesses FEATURES 30 Dennis Francis: If I Can't Find It, I'll Make It 32 Use Tax:What Uncle Sam Wants From Your Car 34 Miles Across Montana: Collier Takes His F1 Off Road 36 Cheap Fare: Hailing the Last Checker Cab 38 Rallye des Princesses:More Than Just a Pretty Face DEPARTMENTS 10 Crossing the Block / Auction Calendar 12 The Inside Line 14 You Write, We Read 16 Display Advertisers Index 22 Neat Stuff 24 Our Cars: 2006 BMW M5, 1960 Alfa Romeo 2000 Spider, 1967 Jaguar XKE Convertible 27 20 Year Picture 116 Glovebox Notes: 2007 Jeep Compass 4X4, 2007 BMW M6 138 Alfa Bits 141 FreshMeat: 2007 Shelby GT500 Convertible, 2007 Porsche 911 Turbo, 2007 Chevrolet Corvette Z06 144 Featured Artist: Harold Cleworth 148 Mystery Photo 149 Comments with Your Renewal 150 Showcase Gallery Let's Let's hope the new skipper knows it's not really meant for water. Then again, who's to say it still couldn't give an Amphicar a run for its money?—Richard Hudson-Evans's report on Bonhams Monaco begins on p. 64

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Shifting Gears Keith Martin Why Jimmy Clark Died dinner to pay his regards to our group and to share some of his tales with us. April 7, 1968, was Derek Bell's first professional race, an F2 event at the old Hockenheim circuit in Germany. It was also World Champion Jim Clark's last. Bell related his navigator's words after a six-time-endo in a rally car, A wheels on the gurney weren't fixed, and I started to shoot out the rear doors. I managed to grab a bar before the cart went completely out. The nurse screamed, the driver slammed on the brakes, and the cart and I were thrown back into the ambulance. “Of course, in the end, speed didn't matter. I arrived at the French hospital at noon, just as everyone was leaving for lunch. They smeared a little cream on my burned face, said goodbye, and went off for a baguette and glass of chablis.” which went something like, “It's been a long time since I've had a (expletive deleted) good crash!” He also confirmed a story involving his being strapped to a gurney after a fiery shunt during the filming of “Le Mans.” “The driver accelerated, the t the conclusion of the recent SCM Insider's Tour to the Goodwood Festival of Speed, five-time Le Mans winner Derek Bell came by during When you go, be prepared to do some walking, and carry an umbrella as well as sunscreen, the weather in Britain being what it is. But also be prepared to see more significant motorsport history—from the cars and bikes to those who piloted them—than you can see at any other event. “BE CAREFUL WHEN YOU LAP ME…” Bell shared one final story with our SCM Insider's Tour group at din- ner, a sobering tale of the realities and mysteries of motor racing. It helped to put the feats of the weekend in perspective. “I have a theory,” he said, “as to what really happened to Jimmy that day. One that's never really been told. All this stuff about a deflating tire causing him to lose control is, in my opinion, just nonsense. Here's what I believe happened. “I spoke with Clark at din- ner the night before the race, and asked him how his car was going. Of course, I was in awe, being an absolute amateur by his standards, and him a World Champion. “He replied, ‘Be careful when you come to lap me.' Me lap him, I thought? I asked what he meant, and he said, ‘I've got a problem with the power cutting in and out. If they don't get it fixed, I won't be good for anything tomorrow.' “That night, I remember hear- A temporal celebration, like the weekend itself LORD MARCH'S GRAND PARTY This was my first Festival of Speed. As a celebration of motorsports of all types, it is without equal. The event organizer, Lord March, has the space on his magnificent estate, the taste, the historical relationship, and the financial wherewithal to create an event that exudes friendship and sophistication from start to finish. Where else is it possible to stand just feet from a 2006 BMW Sauber F1 car turning 23,000 rpm, then see a GP rider do a 30-second burnout on a 2006 Honda CBR1000RR, followed by a 100-foot wheelie? Where else can a vintage Saab 96 careen down a muddy rally course and spray gravel on enthusiastic fans? (For photos and info, go to www.goodwood.co.uk). Each car and bike present, from the 1886 Benz three-wheeler to the Le Mans-winning 2006 Audi R10, represented a memorable moment of motoring history. Most often, each was driven by the man who sat behind the wheel—or the bars—during its moment of glory. Along with the cacophony of pistons and gears, there was a sense of fun to the event. The Wacky Racers, a group of cartoon cars brought to life, ran the hillclimb to the delight of fans young and old. And each day saw a different F1 car temporarily immortalized in a sand sculpture. There were also vendors galore, selling everything from the high-end art of Nicholas Watts to close-out Jaguar racing shirts for $10 (I'll let you guess what my daughter Alexandra got as a souvenir). The SCM Insider's group had the added bonus—arranged by tour or- ganizer Steve Austin—of observing the action from the Stewart Pavilion, a classy enclosed structure with tasty catered food (tasty and British: normally an oxymoron when it comes to things gastronomical). The SCMers on the tour included Stan and Merle Bauer, James Carroll, Mark Colbert and Debbie DeSantis, Ambassador Theodore and Heidi Gildred, Jim Malone and Delaney Sturgeon, Mitch and Kim McCullough, Wendie Standish, Ed and Linda Yates, and Dick and Starr Zeder. 8 ing his mechanic running the car up and down the public road in front of the hotel we were staying at, trying to solve the problem. And I remember how the car would run at full tilt, then suddenly cut out, then resume full power again. “Next day, the race was in the rain, so our speeds were down. The slight right-hander where Clark left the road was wide enough so that two drivers could go 'round it side-by-side, without being too crazy. Yes, there was spray and all of that, but in terms of what professional racers are used to, it wasn't bad or even particularly dangerous. “Of course, the way the story is most often told is that Clark had some sort of puncture, his tire deflated, he lost control, veered off the track and met his end. I'll tell you why that is nonsense. “First of all, racing tires rarely pick up punctures in the wet. Second, racing tires don't suddenly just go flat—‘phffft'—making the car uncontrollable. If they do start to deflate, any driver will recognize what is going on, and be able to control and then stop the car. “I believe Clark was fully committed into the turn, and that the faulty metering unit caused him to suddenly lose power. That would cause the rear end of the car to swerve. While he was correcting for that, full power instantly came on, shooting the car off the track before Clark could correct. And that was the end. “I recently had a chance to speak with the mechanic who was servicing Clark's car that day, told him my theory, and he concurred. He said that they never did get the fuel metering unit to work properly, and the car would suddenly cut out and then resume power without warning. “I asked the mechanic why the crashed car wasn't examined, and he said that German laws and lawsuits over fatalities being what they were, the Lotus team immediately bundled the car up and got it out of Germany before the authorities could get involved.” Bell concluded by saying, “I'm not sure this is exactly what happened, but I can tell you that for these past 38 years I have never believed that something as simple as a slowly deflating punctured tire could cause the death of one of the best drivers we have ever known.”u Sports Car Market Birte Moller

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Crossing the Block Stefan Lombard Monterey Auction Action 1 1 Christie's—Exceptional Motor Cars at the Monterey Jet Center Where: Monterey, CA When: August 17 More: www.christies.com Last Year: 34 cars sold / $9.5m Kicking off the long Monterey weekend, this sale will feature a classic mix of European sports cars. Of note is an eight-car consignment of Porsches that includes a 1960 356 GTL Carrera Abarth, a 1964 904 Carrera GTS, a 1967 911R, and 1972 911 2.7 RS. Spanning nearly 40 years of racing and road car history, the group is estimated at $2.6m to $3.3m. 2 Bonhams & Butterfields— Quail Lodge Sale Where: Carmel, CA When: August 18 More: www.butterfields.com Last Year: 46 cars sold / $4.5m 3 2 Seventeen cars from the world-renowned Rosso Bianco Collection will headline this Friday afternoon sale. Chief among them is a 1938 TalbotLago T150C SS coupe, a teardrop “New York” model purchased new at the '38 Paris Motor Show. It is expected to fetch between $3m and $4m. Kruse —Concorso Italiano Auction Where: Seaside, CA When: August 18 More: www.kruse.com Last Year: 15 cars sold / $1.6m Kruse makes its third trip to the Peninsula, and the big white tent will feature plenty for enthusiasts to get excited about. Expect to see everything from a 1937 Alfa Romeo 6C 2300 MM to a 1998 Lamborghini Diablo SV, with Rollers, Jags, and Maseratis in between. 5 4 3 RM Auctions—Sports and Classic Car Auction Where: Monterey, CA When: August 18–19 More: www.rmauctions.com Last Year: 138 cars sold / $30.7m This big sale is always impressive, both in the cars it attracts and the money that changes hands. Among a raft of high-profile consignments, look for a 1958 Ferrari 412S, S/N 0744, once raced by Phil Hill and Richie Ginther. With plenty of significant SCCA history, RM estimates it could bring more than $8m. Russo and Steele— Sports and Muscle Where: Monterey, CA When: August 18–19 More: www.russoandsteele.com Last Year: 79 cars sold / $10.7m This year R and S expands its popular sale to two days, 4 with nearly 150 European and American machines on tap. Shelbys will feature prominently, with the ex-Lothar Motschenbacher 1965 427 Cobra Competition a special highlight. One of 22 full competition cars built, it also served as Elvis Presley's car in the movie “Spinout.” 6 Gooding & Company— Pebble Beach Auction Where: Monterey, CA When: August 20 More: www.goodingco.com Last Year: 62 cars sold / $22m Based on the success of its first two Monterey sales, expect nothing less this time around, as the weekend's finale event will see a 1927 Bugatti Type 35C cross the block. A factory racer, S/N 4889 comes from long term ownership by Dick Upshur, with extensive documentation and a fine overall patina.u 5 6 10 Sports Car Market

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June. Look for a 1967 convertible, a 427/435 Tri-Power numbers-matching car. Kruse International—Fall Auburn Where: Auburn, IN When: August 30–September 5 More: www.kruse.com Last Year: 671 cars sold / $20.5m Kruse heads home for its headliner event, where 5,000 cars are expected, which should give you plenty to choose from. Of interest is an ACD-certified 1932 Auburn 12 boattail speedster that was restored from the ground up in 2002 and a subsequent Colorado Grand participant and class winner at Pebble Beach.u Silver's Hot August Nights sale will feature plenty of American muscle Silver Auctions—Hot August Nights Where: Reno, NV When: August 3–6 More: www.silverauctions.com Last Year: 517 cars sold / $14m Silver returns to Reno with its flagship event, where Mitch Silver and crew will see more than 900 cars cross the block. Like always, the flavor will be distinctly American; one to look for is a 1966 Shelby GT350, originally a Hertz car now repainted in classic Wimbledon White and Guardsman Blue. RM Auctions—Meadow Brook Where: Rochester, MI When: August 5 More: www.rmauctions.com Last Year: 79 cars sold / $8.8m Alongside the Meadow Brook Concours d'Elegance, RM will present collectors with a fine array of vintage pre-war American cars. A highlight will be a 1929 Stutz Model M supercharged coupe, one of only two built. Long and sleek in its Lancefield coachwork, it is expected to bring $500k to $700k. Mecum Auctions— Corvettes at Carlisle Where: Carlisle, PA When: August 25–26 More: www.mecumauction.com Last Year: 100 cars sold / $3.4m Following up its huge Bloomington Gold sale, Mecum brings out more Corvettes for those who missed the action in September 2006 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: stefan@sportscarmarket.com AUGUST 3-6—SILVER Reno, NV 4-5—KRUSE Nashville, TN 5—RM Rochester, MI 8—PETERSEN Sturgis, SD 17—CHRISTIE'S Monterey, CA 18—BONHAMS & BUTTERFIELDS Carmel, CA 18—KRUSE Seaside, CA 18-19—RM Monterey, CA 18-19—RUSSO AND STEELE Monterey, CA 20—GOODING & COMPANY Pebble Beach, CA 23—BONHAMS & GOODMAN Sydney, AUS 25-26—MECUM Carlisle, PA 26—COYS Oxfordshire, UK 26—POTTS Dalton, GA 27-28—BARONS Surrey, UK 27—ICA Deadwood, SD 30—KRUSE Auburn, IN 11 SEPTEMBER 1—BONHAMS Goodwood, UK 2-3—SILVER Sun Valley, ID 4—SHANNONS Melbourne, AUS 9—BONHAMS Beaulieu, UK 9-10—BARONS Surrey, UK 13—H&H Buxton, UK 16—ICA Sioux Falls, SD 22-23— CLASSIC AUTOMOBILE AUCTIONS OF AMERICA Fredericksburg, TX 22—MIDAMERICA Minneapolis, MN 23-24—RM Novi, MI 23—BONHAMS & BUTTERFIELDS North Brookfield, MA 24—BONHAMS & GOODMAN Sydney, AUS 28—COYS London, UK 29—CARLISLE Carlisle, PA OCTOBER 4—BRIGHTWELLS Herefordshire, UK 6-7— CLASSIC AUTOMOBILE AUCTIONS OF AMERICA Biloxi, MS 6-7—SANTIAGO Albuquerque, NM 5—BONHAMS & BUTTERFIELDS Hershey, PA 5-8—HERSHEY Hershey, PA 6-8—MECUM St. Charles, IL 7—SILVER Portland, OR 18—H&H Kempton, UK 20-21—COX Branson, MO 20-22—RM Toronto, CAN 21—GOODING & COMPANY Oxnard, CA 21—ICA Louisville, KY 23-24—BARONS Surrey, UK 27—KRUSE Las Vegas, NV 28—COYS Padua, IT NOVEMBER 3—BONHAMS London, UK 3-5—KRUSE Auburn, IN 4—WORLDWIDE Hilton Head, SC 5—SHANNONS Sydney, AUS 11—BONHAMS & BUTTERFIELDS Los Angeles, CA 11—BONHAMS Harrogate, UK 11—SILVER Spokane, WA 17—LEAKE Dallas, TX 18—MCCORMICK Palm Springs, CA 21-22—H&H Buxton, UK 24-25—ICA Gilbert, AZ 24-25—ICA Houston, TX 26—BONHAMS & GOODMAN Sydney, AUS 27—SHANNONS Melbourne, AUS 29-30—H&H Cheltenham, UK

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Inside Line Kristen Hall-Geisler Million-Dollar Barn Find n Long-time SCMer Tom Shaughnessy bought a Devin on eBay last month, for $26,912, from a seller who was “cleaning out his garage.” Underneath the cracked fiberglass body was Ferrari chassis 0202 A, one of the approximately 475 even-numbered competition cars built from 1948 to 1974. This Ferrari chassis, when last seend in the early 1960s, was under a 1952 Ferrari 340 America that had been built with an attractive Spider body by Vignale, and had an extensive racing history, including Le Mans in 1952. A full restoration is planned. Market value of a 340 America Spider Vignale is at least $2.8m. Who says there are no cars left to find?—Marcel Massini, marcel@massini.cc Read the complete story in next month's issue. SCMHappenings n SCM Insider's Seminar, “Looking for Sanity in an Insane Market,” will be held August 19 at the Gooding & Company auction tent at the Equestrian Center in Pebble Beach. Guest speaker Tom Cotter, author of The Cobra in the Barn, will host a book signing session. Sponsors are Hagerty Insurance and Gooding and Company, presenting sponsors are Premier Leasing and Intercity Lines, and participatory sponsors include Meguiar's and Coker Tires. Please see ad on page 115. Just $195 for SCMers, two for $345. Space is limited. Contact project@sportscarmarket.com. (CA) News n Lance Young, formerly the director of sales and events for FedEx Custom Critical Passport Auto Transport (and a fixture at every major auction) has become director of business development for JMN Auto Transport, where he will continue to serve his clients' vehicle transport needs. 314.420.6911, www.jmnhaul .com. 31–September 3, in Bowling Green, KY. Corvette clubs will be in attendance, and games will include slow drags, a creeper race, a scavenger hunt, and more. 800.53.VETTE, www.corvettemuseum.com. (KY) n The 4th Annual Kirkland Concours will take place on September 9 at Kirkland, Washington's Carillon Point on the shores of Lake Washington. The charity event supports children's health organizations and features cars from some of the nation's foremost collectors. Keith Martin will also be leading sessions of the Le May Museum Symposium Smart Collecting series on September 8 at the Kirkland Concours. www .kirklandconcours.com, www .lemaymuseum.org. (WA) Transitions n Online automobilia auction house l'art et l'automobile is moving its headquarters from East Hampton, NY, to Harper, TX. The new address is 176 KC 433, Harper, TX 78631. www .arteauto.com. (TX) Events n The 28th Annual Meadow Brook Concours will be held on the grounds of Oakland University in Rochester, MI, August 6. This year, the concours will feature Golden Era Classics of pre-WWII and the work of automotive artist Francois Bruere. www.meadowbrookconcours. org. (MI) n On August 26, the LeMay museum will hold its 29th Annual Car Show and Auction at the Marymount Academy in Tacoma, WA. In addition to the array of automobiles, there will be vendors, food, music, and more. 253.536.2885, www.lemaymuseum.org. (WA) n The Corvette Celebration and Corvette Hall of Fame celebrates its 12th anniversary over Labor Day weekend, August Event Calendar 6—Meadow Brook Concours www.meadowbrook.org 15-16—Automobilia Monterey www.automobiliamonterey.com 18-20—Rolex Monterey Historics www.montereyhistoric.com 18—The Quail, A Motorsports Gathering www.quaillodge.com 19—SCM Insider's Seminar www.sportscarmarket.com 26—LeMay Museum Car Show and Auction www.lemaymuseum.org August 31-September 3— Corvette Celebration www.corvettemuseum.com n SCM Auction Editor Stefan Lombard and Shannon Squire were married on July 1. After an outdoor ceremony in Eureka, MT, they honeymooned in Vancouver, BC. We wish them a happy and successful future. u Compiled and edited by KRISTEN HALL-GEISLER. Please send information about your events to insideline@sportscarmarket.com. 12 Sports Car Market AUGUST

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You Write We Read All letters are subject to editing. Please address correspondence to SCM, PO Box 16130, Portland, OR 97292. Fax 503.253.2234, e-mail: youwrite@sportscarmarket.com CARRERA GT Thanks for your assessment of the Carrera GT incident at California Speedway (June “Legal Files,” p. 30). When this tragedy occurred, I was awaiting delivery of a Carrera GT, and I became concerned about the safety of this street-legal rocket ship. Upon delivery of my car, it took me a good 200–300 miles before I really pressed it. The GT has very good mid-engine balance, but it was admittedly more tricky to learn than any other Porsche I have driven. After several patient hours, I became very comfortable with everything from the finicky clutch to the tremendous horsepower and torque it displays in every gear. Now fully accustomed to the car's power and handling traits, I have driven the car very hard on the street and track, all the while realizing I need to maintain a healthy level of respect in order to be safe. The GT does not belong in inexperienced hands, period. I went through the Porsche Driving Experience twice, and the instructors were wise to stress understanding one's personal boundaries in a Porsche or any high-performance car. An amateur driver should respect the fact that Porsches are so well engineered that unless you are a pro, you should never try to push these cars beyond your limits. In a 619-hp sports car, things happen very quickly (to say the least). I mourn the terrible loss of these young men, but I fear that this example of driver negligence and the resulting lawsuit might make Porsche AG hesitant to sell their supercars in America in the future. I strongly believe that Porsche should offer its PDE program for the price of this car (not to mention the special jack you must have in order to change wheels, an unacceptable omission), but I can't rationalize Porsche being sued for building the Carrera GT under any circumstances (less some freak catastrophic malfunction). Also, I am confident that any car will get loose at 145 mph with little prompting. The sad truth is that the driver wasn't prudent about his abilities in such a powerful car. 14 Sports CarMarket Editor & Publisher KEITH MARTIN V.P. Operations DAVID SLAMA V.P. Business Development/ General Counsel ROB SASS V.P. Finance and Marketing WENDIE STANDISH Art Director KIRSTEN ONODAY Senior Editor PAUL DUCHENE Editorial Manager KRISTEN HALL-GEISLER Auction Editor STEFAN LOMBARD Copy Editor BILL NEILL Senior Auction Analysts DAVE KINNEY RICHARD HUDSON-EVANS (EUROPE) B. MITCHELL CARLSON Although they raised some German eyebrows along the way, the car that emergedwas a world beater Porsche should be selective about who it sells its supercars to. I couldn't even get an MSO with my car (I paid sales tax directly to Champion in Pompano Beach, Florida), supposedly so I wouldn't flip my car as a new vehicle for a profit. If I am correct in this assumption, shouldn't Porsche also be equally concerned about posttransaction liabilty and customer safety? I would have no problem supplying proof that I had adequate training to use the GT safely, or seek proper instruction before delivery if necessary.—Cal Turner, Nashville, TN 917 HISTORY LESSON Just a note to add a little-known turn of events to Jim Schrager's well-written article on the Porsche 917 transition into the CanAm Series (July, p. 62). In 1971, Roger Penske and I campaigned the Penske/White Ferrari 512 M with Mark Donohue and David Hobbs driving. I had gone to Le Mans with the team, and Roger flew into Le Mans the Wednesday before the race. He took me aside and said he was on his way back, Thursday morning, to Paris for a luncheon with Ferdinand Piech. It turned out that Porsche had been tracking the impeccable level of preparation, speed, and pit work of the Ferrari at both Daytona and Sebring. The meeting had been called with Roger to discuss the prospect of the Penske organization developing the American CanAm effort. Well, we all know the out- come; Mark Donohue, Don Cox, and others were literally given the run of the Porsche factory, and although they raised some German eyebrows along the way, the car that emerged was a world beater. It is interesting that a Ferrari opened the door for that splendid Porsche result.—Kirk F. White, New Smyrna Beach, FL HEY, DAN I read with great interest Steve Ahlgrim's profile of the 500 Superfast (July, p. 46), and was even more interested in the “Seat Time” comment from Dan Kingsford. Dan and I were college car rats who found cars much more interesting than academics. After college he amassed a very impressive collection of close to 20 cars, mostly Ferraris. It was my good fortune that he was extremely generous and trusting, and thus willing to let me drive them all—except the 500! This car had just returned from an engine rebuild and was not yet broken in, so he was wise to keep me in the passenger seat, as I doubt I could have held my right foot in check. The car was as gorgeous as he described it.—Peter Chapin, Charlottesville, VA Auction Analysts DANIEL GRUNWALD JOHN CLUCAS (AUSTRALIA) NORM MORT (CANADA) JOE SEVERNS Contributing Editors STEVE AHLGRIM GARY ANDERSON CARL BOMSTEAD COLIN COMER JOHN DRANEAS DONALD OSBORNE JIM SCHRAGER MICHAEL SHEEHAN THOR THORSON Contributors JOHN APEN KATHYDONOHUE RAYMOND MILO MARIT ANNE PETERSON STEVE SERIO MARTIN EMMISON (U.K.) Information Technology MATT KING JARED MANN MATT WEBB Financial Manager NIKKI NALUM Strategic Planner BILL WOODARD ADVERTISING Advertising Sales GARY GOODRICH 877.219.2605 ext. 213 gary.goodrich@sportscarmarket.com CINDY MEITLE 877.219.2605, ext. 262 cmeitle@sportscarmarket.com ED PRISCO 877.219.2605, ext. 212 ed.prisco@sportscarmarket.com Advertising Coordinator VALARIE HUSTON 877.219.2605, ext. 211 valerie.huston@sportscarmarket.com SUBSCRIPTIONS Subscriptions Coordinator CATHY GRIFFIS 877.219.2605 ext. 204 cathy.griffis@sportscarmarket.com New 800.289.2819 Current 877.219.2605, ext. 204 service@sportscarmarket.com fax 503.253.2234 www.sportscarmarket.com CORRESPONDENCE General P.O. Box 16130, Portland, OR 97292 FedEx/DHL/UPS 8236 SE Ash St., Portland, OR 97216

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E-TYPE TIPS In the report from the B-J Palm Beach Auction (June, p. 66), the reporter asked this question about lot #640, a 1963 Jaguar XKE: “Could this be the rare example where the owner restored his car, drove it, and eventually wound up getting more at auction than he had in it? Quite possible.” Or not, as the case may be. This car has changed hands at auction many times over the past five years or so, and has appeared in SCM at least twice before. Maybe that was missed, as the S/N reported at B-J was R90469, which in fact is the car's engine number. The actual VIN is 878681. It was restored in New Zealand sometime around 1996–2000 and has appeared at several auctions here in the U.S., including Christie's Pebble Beach 2001, RM Phoenix 2002, Barrett-Jackson Palm Beach 2006, and several listings on eBay in between. Perhaps then the quote should have been, “This car has more miles over the auction block than on any public road.” Additionally, it is reported with the wrong model year, as that VIN is from a 1962 car. How do I know all this? As much as I'd like to claim to be a walking encyclopedia of E-type knowledge, I'm not. I just dropped the reported engine number (which I did recognize as an engine number, not an S/N) into the database at www.xkedata.com. If you are looking at buying an Etype, a visit to this web site will likely reveal much data about the car in question, as well as provide information about cars built in the same series, factory color options, links to other Jaguar-related sites, etc. A sister site provides similar data about XK 120/140/150 cars at www.xkdata.com. Just thought I'd share an ad- ditional resource for the serious shopper or enthusiasts among your subscribers.—Chuck Goolsbee, Arlington, WA A REALLY AFFORDABLE CLASSIC I am an SCM subscriber and owner for the past seven years of a 1988 Alfa Romeo Graduate. I have enjoyed sports cars (particularly English and Italian) nearly all my life, and I am interested in September 2006 This car hasmore miles over the auction block than on any public road owning something slightly more “collectible” than a late '80s Alfa. Ideally, the car has been previously restored, has a top that goes down, and is currently in 3+/2condition. Here's the punch line... I have only $10,000 to spend. As a result, I have read with keen interest your “Affordable Classics” pieces (as well as looked through previous articles at www .sportscarmarket.com). Utilizing the Martin Rating System, SCM Investment Grade, and Price Ranges and applying my own personal criteria and limitations to the “Affordable Classic” line-up, my “formula” results in two options: a 1967–69 MGC roadster or a 1967–70 Datsun 2000 roadster. I personally enjoy Alfas and have therefore added a third option, either a 1971 1750 Spider or 1973–74 2000 Spider. Due to their higher asking prices or lack of collectibility, I have eliminated from my consideration such cars as the Triumph TR-6, Jensen-Healey, and Fiat Spiders. Have I missed anything? Obviously, $10,000 doesn't go a long way in 2006 when looking to purchase a classic, collectible car. Perhaps I have even already missed the boat on the MGC and 2000 roadster (particularly the 1967 version). Any insight, advice, or recommendations you can provide on the most collectible car under $10,000 would be much appreciated.—Brian Miller, Salem, OR Rob Sass responds: Five years ago, we'd be sifting through a pretty large number of cars, as $10,000 was the entry-level price for a collectible car. It's closer to $15,000 or $20,000 today. There are still bargains. Glad you gave the Martin Rating system a try in your search. I think you're on the right track. These are my thoughts as to what I would look for in a $10,000 car with some appreciation potential: 1. 1971–74 Alfa Spider: The small-bumper Kamm-tail cars have about 80% of the charm of a Duetto at about a third the price. They can't be this cheap forever. You might try to track down the $8,000 yellow one that's been on craigslist in Portland for a while. 2. 1973–76 Porsche 914 2.0: 914s are the flavor of the month and the 2-liters are the best of the bunch. 3. 1980–81 Triumph TR8: If you can deal with the looks, there is a lot of V8 performance here for very little money. 4. 1970–73 Datsun 240Z: I know the top doesn't go down, but how much will you think about that during the 200+ days of rain that you get in Oregon? These are reliable, great-looking and performing cars. 5. 1978–83 Porsche 911SC Targa: Decent cars lie maybe a thousand or so beyond the $10,000 mark, but it might be worth the stretch. Appreciation is a little more remote perhaps, but what a great car. 6. 1967–70 Datsun 2000 Sports: Maybe the best all around on the list. Hard to find, though. 7. 1969–76 Triumph TR6: VERY collectible right now. If you look long enough, you can still find one that you'd want to own at around $10,000. In fact, Senior Editor Paul Duchene's car is very much for sale right now. Email him. 8. 1963–67 MGB: Driver qual- ity examples of early MGBs are probably still around for $10,000. Probably not for long, though. That's my short list. MGCs are scarce, and you're more likely to 15

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Ad Index Alan Taylor and Company .........................55 Automobilia Monterey ................................61 Automotive Restorations ...........................125 Autosport Designs .......................................87 Bald Head Garage ........................................99 Bart Holland BV ........................................147 BB One Exports ...................................95, 153 Blue Highways .............................................57 Bonhams ...................................................7, 67 Books4Cars ................................................161 Branson Collector Car Auction ..................83 Brian D. Moore Restorations ....................159 British Motor Corp. ...................................153 Carlisle Events ...........................................133 Chevrolet ......................................................17 Christie's Auction .........................................79 Classic Showcase .......................................160 Concours d‘Elegance Las Vegas ...............137 Copley Motorcars Corp. ............................132 Cosdel .........................................................132 Craig Brody Investment Motorcars ............87 Digit Motorsports .......................................106 Doc's Jags ...................................................160 Ebay Motors .................................................85 Exotic Car Transport ..................................160 Fairfield County Concours ..........................49 Family Classic Cars ...................................117 Fantasy Junction .........................................105 Fourintune Garage Inc ...............................161 Friends of the House ..................................123 Gaglianos Image 10 ...................................129 General Racing ...........................................113 Glenmoor Gathering ....................................37 GMP Diecast ..............................................105 Gooding & Company ..............................2, 25 Gran Prix Imports ........................................77 Gregor Fisken ...............................................74 Griot's Garage ..............................................71 Grundy Worldwide ........................................9 Hagerty Insurance ................................21, 164 The Hershey Auction ...................................81 Horseless Carriage .....................................159 Hotseat Chassis Inc ....................................160 Hyman, Ltd ................................................109 Insider's Seminar .......................................115 Intercity Lines ..............................................27 Italian Car Parts ..........................................161 Italian Concours Seattle .............................110 J.J. Best Banc & Co ...................................151 JR Rouse Real Estate ................................. 111 Kisdton .......................................................121 Kirkland Concours .......................................93 Kruse International ..............................91, 127 LeMay Museum .........................................101 Maserati North America ................................5 Mecum Auction .........................................131 Meguiar's .....................................................65 Mershons Corvettes & Classics ................149 Morris & Welford, LLC ..............................23 Motorcar Portfolio .....................................153 Niello Concours at Serrano .......................161 Palm Springs Exotic Car Auctions ............107 Parish Heacock Insurance ...........................33 Park Place Ltd ......................................89, 135 Paul Russell and Company ..........................95 Pebble Beach RetroAuto ...........................159 Pierce Manifolds ........................................119 Premier Financial Services ........................163 Pro Team Corvette .......................................59 Putman Leasing ............................................13 The Quail ......................................................69 Re-Originals ...............................................125 Reliable Carriers ..........................................75 Renaissance Design .....................................57 RM Auctions ................................................18 Ron Tonkin ...................................................99 RPM Motorbooks ......................................161 Russo & Steele .............................................43 Santiago Collector Car Auctions ...............103 Silver Auctions .............................................73 Symbolic Motors ...........................................3 Tom Mack ..................................................125 Tubi Style USA Inc ....................................139 Vintage Motors of Sarasota .......................145 Vintage Rallies ..........................................109 VintageAutoPosters.com ..........................159 16 This racing history does indeeddifferentiate the Iso Grifo from other,no-heritage, Italian hybrids find a GT (mine's for sale to help fund my recent E-type acquisition) than a roadster at your price. Good luck! TIGER TALE I read Colin Comer's com- ments about Tigers in his article “Best Bets in Cats & Snakes” (July, p. 66). In fact, I was the bidder behind him on the Tiger he just purchased on eBay (#4625301384) for $59,250. It was a very original car with a replaced rear quarter panel but in exceptional original condition. Shortly after that I ended up paying $64,000 on eBay for item #4631272097. Since then I have seen nothing but junk with high reserves that doesn't sell in the mid-$20k range. So there you have some current market pricing on Tigers. But the real answer for Tigers is the same for all old interesting cars: Buy the right car, no stories, pay the price and drive the hell out of it. I am having a ball with my “redheaded step-child of the Shelby world.”—Stuart Siegel, Hidden Hills, CA RATING THE MARTIN RATINGS In the June 2006 issue on page 129, in the “Martin Guide” review of the Intermeccanica Italia, you write: “Italia prices are on the upswing after the Iso Grifo proved that beautiful, no-heritage, Italian hybrids can have real market value.” While it's true that the Grifo is beautiful and that it has real market value, it's not accurate that it has “no heritage.” Unlike the Italia, the Iso Grifo, in its competition form, was raced at Le Mans twice, Sebring, the Nurburgring, Monza, and many other venues—just check Automobile Year in the mid-1960s. The luxury, or “lusso,” version of the Grifo shared basically the same engineering and chassis as the competition version, but had less radical sheet metal. This racing history does indeed differentiate the Iso Grifo from other no-heritage Italian hybrids. They really shouldn't all be lumped together as such. Here's a photo of my Grifo, showing just how beautiful a car this is!—Darren Frank, Charlotte, NC Since that is a photograph of my personal beloved Fiat X1/9 in your June issue on p. 128, I have taken the time to carefully consider your comments, and I demand a recount. Let us go through your catego- ries. Reliability: 5 for the Sprite, 2 for the Fiat. I agree with that. Parts and Support: Unlike Sprite parts, it is true that Fiat parts do not grow on “cheap trees.” However, there is no problem getting virtually anything through major catalogs, and they are as relatively cheap as Sprite parts. That 5 rating for the Sprite should be more fairly countered with a 4 for the Fiat. Event Eligibility: It is true that the Sprite is eligible for more events. But the numerous and active Fiat and Alfa clubs (Fiat is always welcome by its brethren) provide all kinds of road and track opportunities on a regular basis. You gave the Sprite a 4 and the Fiat a 1. Shame on you. For Eligibility, the Fiat has to be a 3. Current Market Appeal: What could be more appealing than those cute, smiling bugeyes? I do agree that the marketplace does speak Sports Car Market

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You Write We Read the loudest, but 4 for the Sprite and 1 for the “hopeless” Fiat does not recognize that the X1/9 has been featured as an “undervalued used sports car” in several car mags, and that alone should at least give it a 2. So, your Fun Factor scoring of Sprite: 18, X1/9: 6 should be Sprite: 18, X1/9: 11. There, I'm feeling better al- ready. My score still acknowledged that the total ownership experience of the Sprite is nearly twice that of the Fiat rather than three times (18 to 6) the better. Your apparent unconscious predisposition to dislike the Fiat is understandable, because after all, it is a Fiat. But I say, consider my opinions, see the error of your ways, and upgrade the X1/9's Fun Factor score.—Norman Vogel, San Francisco, CA Rob Sass replies: Norman, I think we agree more than we disagree. We're on all fours in the reliability department. We're two points off as far as parts and club support. We'll split the difference with you and give you another point in deference to the numerous enthusiastic Fiat clubs. As far as event eligibility, the hierarchy here is Mille Miglia, Colorado Grand, and Copperstate 1000 type events at one end and club events/show-and-shines at the other. The Fiat is undeniably a club-event-type car, hence the low score that we stand by. Finally, we also seem to be in grudging agreement with the current state of the market. You make our point by noting that the X1/9 is a perennial favorite on undervalued sports car lists. They're undervalued because the market has not seen fit to care enough to alter the situation. After the official recount, it's 18 for the Sprite and 7 for the Fiat. And for the record, we have nothing against the X1/9. One may yet show up in the SCM credit-card car fleet. It would make an interesting comparison with our new Spitfire. AARGH! 'TIS A CORRECTION Dear SCM: A little additional information for B. Mitchell Carlson, who reported in the July issue (p. 120) on the 18th Annual Motorcycle Auction and Swap Meet in the Twin Cities. His comments re: the Moto Morini Casarino on page 122 require a few corrections. Proper spelling of the model is Corsarino. In Italian, corsaro 20 I am also a wine collector, and Wine Spectator (which I consider a good magazine and directed toward a similarly narrow, targeted audience as yours) a few years ago started to write articles on cigars. They learned their lesson and brought out a separate Cigar Spectator for that limited audience. Maybe the same adolescent In Italian, corsaro = pirate; therefore, corsarino = a small pirate. = pirate; therefore, corsarino = a small pirate. Engine size is 50 cc, which by U.S. standards is a moped and generally does not require a license plate. (Displacement should be part of the auction description.) Cut-down handlebars are referred to as clip-ons, and custom-fabricated racing-type seats are factory standard on these “boy-racer” machines. And finally, the custom car- toon graphics are not custom, but standard for all Corsarinos.—Burt Richmond, Chicago, IL ‘THE FAKEST FAKE' I am quite surprised that a publication of your stature would give credence to the blatantly mislabeled apparition in the Potts Auction (July, p. 110). To call this a Bugatti when it fails in any manner to remotely resemble a Brescia Bugatti is a paragon of misrepresentation. Whether or not Potts chose to accept this consignment with “tongue in cheek” to liven up an otherwise dull event is debatable. Your inclusion of such a farce was in poor taste. Surely, there was a more legitimate entry that you could have chosen. Would you have listed a VW Beetle with a false Rolls-like radiator shell on its bonnet as a Rolls-Royce replica? I think not.—Jack du Gan, Palm Beach, FL, Member of American Bugatti Club Joe Severns replies: You are right in your assertion that the “Bugatti Replica” analyzed at the Potts Auction is a reach. It is extremely important that we recognize a vehicle's originality when performing a market analysis as you suggest. However, as market reporters, it is our duty to report on the sales without prejudice, which precludes us from eliminating or totally ignoring a car only on the grounds that it is a replica. Not all replicas are exact duplicates of the cars that they are modeled after. Some subscribe to the spirit, if you will, and not the law when it comes to reproduction, as did this Southern builder. There were many things about that “Bugatti” (which was titled as such) that didn't stand true to the original. The surround-sound radio, the Lincoln chassis, the awful fit and finish were just a few of the clues that this wasn't the real deal. However, the car sold for real money at an important auction, so cover it we did. And when readers in the future go to look it up in the SCM Gold database, typing in “Bugatti” will bring up this car—it would be impossible to find otherwise. NOTE THE LETTER ABOVE Dear SCM: I look forward to your issues each month, and then postpone my other activities until I have read it completely. However, I do have a complaint. It seems a waste of your magazine to devote several pages to motorcycles, which certainly are not sports cars. Assuming your readers are interested primarily in sports cars, and the fact that there are many other magazines devoted to motorcycles, it seems absurd to devote any editorial pages at all to them. middle-agers that like motorcycles like cigars as well. You might consider a Motorcycle–Cigar Market magazine. I hope I haven't stepped on anyone's toes, but Editor Martin doesn't strike me as either a motorcycle or a cigar guy. Stick to your sports cars; it's your well-covered and -deserved niche.—Rex Ryan, San Diego, CA Paul Duchene responds: To cut to the chase, Editor Martin is a motorcycle guy. He currently has four Yamaha and two Honda dirtbikes, his last Ducati was a Darmah, and he's still looking for that elusive Ducati Diana that he knows is out there somewhere. Many car collectors do own classic motorcycles, and motorcycle collectors are as passionate as muscle car collectors for the same reason. Motorcycle riding is fun. Ask Jay Leno. Motorcycles are also often the way collectors learn how things work. They have a limited number of parts; if one bit quits, it's a more profound problem but also a shorter search. Motorcycles also offer visible solutions to complex mechanical problems, again, another good learning experience. From an investment standpoint, I'd put an incomplete '39 Vincent Rapide—worth about $1,000 25 years ago—against just about any collector car. Such a bike brought $120,500 at Bonhams' Los Angeles auction in November 2005 (SCM# 39868). You must admit, that's a sharp appreciation curve. SCM's aim is to gather the best writers on all sorts of collectible vehicles, not to be exclusionary. I commend our tank auction coverage from Melbourne to your attention. I don't expect to own a tank any time soon, but I'm interested in the subject. ERRATA In the Mecum Kansas City auc- tion report on p. 106 in the August issue, the 1967 Pontiac GTO was listed as a hard top. It should have been identified as a sedan.u Sports Car Market

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Stuff Neat by Kristen Hall-Geisler WHAT YOU NEED AND HOW TO GET IT Get your car gleaming with a bucketful of car care goodies from Adam's Polishes. This deluxe kit comes with clay, polish, microfiber towels, sponges, and all the tools you need to properly care for your car's finish. You can even sit on the 4 1/2-gallon bucket while you detail the tires. Use the code PROMOSCM at the Adam's Polishes checkout to see a special offer for SCM readers. $329.95. www.adamspolishes.com According to the company, the Summer Seat from Nocord aims to “maximize the sitting experience.” All you need to do is plug the seat into the 12V outlet in your car to start air circulating through the mesh and microfiber seat surface. It even has a fan to help keep the footwell at a reasonable temperature. And as if cooling your tush in the car on those insanely hot days weren't enough, it comes with an AC adapter for use in home or office. $69.99. www .calcarcover.com Never wonder what to wear to the track again. The Laguna Seca-themed Hawaiian-style shirt from Reyn Spooner will get you from trackside to lunch hospitality tent in style. The 100% cotton shirt, which is available in a variety of vintage and hot-rod prints, is sewn in Hawaii and available through the AutoSport catalog. $79. www.autosport.com 22 Coker Tire has introduced the first three reproductions in its new Bibendum Collector's Series, which features Michelin's famous pudgy mascot. The collection currently includes three editions: a 32-inch plaster Standing Bib based on a figure from the 1920s; an 8.5-inch poly resin Mr. Bib seated on a stack of tires, which would have been placed atop a Michelin air compressor; and a 13.5-inch poly resin '60s-era countertop standing figure. Each piece is hand-painted and finely detailed, and there are plans to issue future editions. $89.95–$289.95. www.cokertire.com Sports Car Market

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Morris & Welford, llc SPECIALIST HISTORIC CAR CONSULTANTS AND BROKERS 1957 Mercedes-Benz 300SL ‘Gullwing' Chassis Number 198.040.7500033 is a stunning matching numbers ‘Gullwing' that has just completed a meticulous, no-expense spared restoration under the supervision of a noted 300SL restorer & former Mercedes-Benz factory engineer. All mechanicals have been fully rebuilt, a new wiring loom fitted, complete bare metal repaint and all new brightwork. Equipped now with an original set of Rudge wheels, luggage, Becker radio, tool roll and travel kit, the car drives superbly and should be regarded as one of the finest of its type. Other Cars Available 1921 Rolls-Royce Silver Ghost Dual Cowl Open Tourer by Barker 1931 Rolls-Royce Phantom I Boattail Skiff 1935 Jaguar SS 90 1937 Cord 812 Supercharged Phaeton 1937/40 Alvis 8C ‘Barson Special' 1938 Bugatti Type 57 Cabriolet by Letourneur & Marchand 1953 Arnolt-Bentley Deluxe Sedan by Bertone 1955 Alfa Romeo 1900 SS Cabriolet by Ghia Aigle 1962 Cooper-Climax T53 1967 Ferrari 275 GTB/4 1986 Ferrari Testarossa Miles Morris Connecticut Phone: 203 222 3862 Fax: 203 222 3863 Cell: 203 722 3333 E-mail: miles@morrisandwelford.com September 2006 Malcolm Welford California Phone: 714 434 8562 Fax: 714 434 8155 Cell: 949 500 0585 E-mail: malcolm@morrisandwelford.com www.morrisandwelford.com 23

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SCM Our Cars Three Cars, Eight Doors I could no longer stand the pundits at the SCM office calling my Daimler SP250 “the angry catfish” or “a mutant plastic bottom feeder” 1960 ALFA ROMEO 2000 SPIDER Owner: Donald Osborne, Contributing Editor Purchase date: May 2006 Price: $25,000 Mileage since purchase: 30 Recent work: Electrical and body trim sorting The first Alfa Romeo 2000 Spider has long had a tough time with critics, myself included. In a the December 2005 issue of SCM, I wrote: “They look great, but can't deliver the way the smaller Giuliettas do.” I still think those words are true, yet I admire these handsome Carrozzeria Touringbodied cars. When I recently sold my '66 Lancia Fulvia coupe, I realized I needed to have a convertible. And it had been too long since I last owned an Alfa. I remembered a phone call I had received from SCM's Rob Sass. He was in St Louis, Missouri, at the time, in a paint shop, looking at a 1960 2000 Spider owned by Robert Pass. Formerly of Passport Transport and now the principal in the Silverstone Group as a collector car dealer, Pass had bought the car for his personal collection. I had been called to confirm the proper color for the engine bay, block, and cam covers. On a whim, I called Sass this spring and asked if he would inquire about the Spider on my behalf. To my pleasant surprise, Pass called me and said he might indeed sell it. I did a day trip to St. Louis to check out the car and give it a drive. We agreed on what I felt was a reasonable price. It needs a bit of sorting—but it will be perfect as a vintage rally mount. In spite of the reputation we writers have given the 2000 Spider, I found once again that it is a lively, well-balanced car with beautiful lines and great detailing. It is a pleasure to be among the Alfisti once more. 2006 BMW M5 Owner: David Slama, V.P. Operations Purchase date: June 18, 2005 Price: $87,000 Mileage since purchase: 300 Recent work: Filled with gas, programmed garage-door opener They say having a child will change your life. Two years ago, my dream car had just two seats, a big engine, and a manual transmission (see the Lotus for sale in the Showcase Gallery, page 152). Dozens of air bags, crumple zones, OnStar, and reliability were not factors in my car-buying decisions. I would spurn cars for being practical. I recently took a 2007 BMW M6 (see Glovebox Notes, p. 116) to the Oregon coast for a weekend and determined that two doors would not work for my 20-month-old son, Preston, in his car seat. This is obvious to most people, but I had to experience how tight the fit was before I would give up my pursuit of a Ferrari 456, Maserati Coupe, or Aston Martin DB7 Vantage. I had to make friends with the enemy: four doors. There really are a limited number of high-horsepower four-door choices, and currently the 500-hp V10 BMW M5 is the way to go. Fortunately, one of the few M5s available was in Tacoma, Washington—just 300 miles from where we were on the coast. We headed up after a quick Father's Day dinner. Everything you've read about the M5 is true—it is a supercar that can be driven every day. It is also true that all the electronic wizardry seems to be overkill. When you have to pre-program the car for aggressive or comfortable cruising, there is something wrong. You do adapt to the iDrive, but it will never be intuitive. So now, safety and refinement are taking the front seat over exotic looks. At least with the M5, I haven't had to give up any performance. I just wonder how the seats will hold up to all the abuses Preston is about to heap upon them. 24 1967 JAGUAR XKE CONVERTIBLE Owner: Rob Sass, VP Business Development Purchase date: June 13, 2006 Price: Daimler SP250 plus $12,000 Mileage since purchase: Zero, zip, nada Recent work: Clutch slave cylinder and master cylinder I could no longer stand our esteemed Editor's epithets directed at my Daimler SP250 “Dart”: “Angry catfish” and “mutant plastic bottom feeder” were among the kinder ones. I'd had enough. For once taking my own advice, I decided it would be hard to go wrong remaking my small collection by buying as much “pretty” as I could afford. To that end, last year I purchased a very lovely BMW 2800CS coupe. In keeping with my newfound direction in life, I decided that I had to have a Series I E-type. As fate would have it, my hometown collector-car megadealer (and a long-time SCMer) Mark Hyman happened to have a '67 convertible that he described as “not restored, but not a rat by any means.” Hyman has always had a soft spot for my Daimler as one of the only British sports cars that has eluded him, even after almost 20 years in the business. The Jag was just as he had described it: a decent driver with good panel fit but aging paint and chrome; no signs of abuse, rust or accidents. After remarkably painless negotiations (on my birthday no less), the Daimler and some cash changed hands, and I'm now the giddy owner of a BRG Series I E-type convertible. I'm looking forward to a lifetime of oil leaks, suspect hydraulics, and visits from the Prince of Darkness. And assuming Monterey hasn't been reclaimed by the ocean by then, look for my estate to be selling it at an auction there—hopefully no sooner than 2050.u Sports Car Market

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Affordable Classic Rob Sass 1976–81 Triumph TR7 It had the misfortune of being built in British Leyland's Liverpool plant, better known for producing continuous labor strife than automobiles T he Triumph TR7 was perhaps the ultimate product of the 1970s, a period referred to as “the decade that quality control forgot.” Abysmal production quality, labor strife, bad management and controversial styl- ing all conspired to render the TR7—although a surprisingly decent seller—a tragic footnote in the last days of the British sports car empire. By the mid-1970s, Triumph's big sports cars were decid- edly long in the tooth and still clinging to outdated separate body-on-chassis construction long after rival MG had gone to unit construction. Sports car scribes were clamoring for Triumph to replace its archaic designs with a modern sports car based on one of the better saloon platforms of the day, the Dolomite. DESIGNED IN A PUB Triumph, which had followed an evolutionary approach to the development of its TR series of sports cars, took the bait and broke completely with tradition in designing the TR7. As legend has it, house stylist Harris Mann drew a whimsical sketch of a doorstop-shaped two-seater on a cocktail napkin in a pub—presumably near closing time and on a table of empty pints. Somehow, Mann's half-serious sketch gained traction within the British Leyland hierarchy and became the basis of the new car. Just as fins had been the pervasive styling gimmick of the late '50s, the wedge seemed to be everywhere briefly in the mid-1970s. Triumph billed it as “The Shape of Things to Come.” Mann's design incorporated well-integrated 5-mph bumpers at each end, but a totally gratuitous sweeping character line up the side and an odd fixed notchback roofline—a concession to U.S. lawmakers who were threatening to ban the convertible. The TR7 just couldn't catch a break. Born funny-looking, it had the extreme misfor- tune of being slated for production in British Leyland's Speke plant in Liverpool, a virtual people's republic, better known for producing continuous labor strife than automobiles. Predictably, the disgruntled work force produced some of the shoddiest cars Britain had ever seen. BUILT IN A MARXIST COMMUNE Anyone considering buying a TR7 would do well to avoid a Speke-built car identified by the “A” prefix in the VIN and the huge TR7 decal on the nose. By 1978, BL had had enough of its involuntary experiment with Marxism and closed the Speke plant, moving TR7 production to Canley. But the damage to the TR7's reputation had already DETAILS Years produced: 1976-1981 Number produced: 112,368 Original list price; $5,100 (1975) SCM Valuation: $2,500-$6,000 Tune up/Major service: $250 Distributor cap: $6.95 Chassis #: Left side of windshield, door jamb, left side inner fender Engine #: Left side of engine compartment Club: TR7-TR8 Car Club, 266 Linden St., Rochester, NY 14620 More: www.tr7-tr8.com Alternatives: 1975–78 Datsun 280Z, 1969–73 Opel GT, 1972–76 Jensen-Healey SCM Investment Grade: F (coupe); D (convertible) 26 been done. Even a drop-top version that alleviated most of the styling woes and an exciting V8 version, the TR8, weren't enough. The TR7 died along with the MGB, Spitfire, and TR8 in the great British sports car massextinction of 1980–81. In theory, the TR7 should have done well for BL, replacing the archaic TR6, but it was just so much water poured into a leaky bucket. The little doorstop finally brought modern unit construction to Triumph, but it also reverted to a live axle after ten years with a problematic IRS setup in the TR4A, TR250, and TR6. This provided more competent ride and handling, but such gains were overshadowed by engine and electrical problems. Furthering the “odd” theme, power came from the 2.0liter slant four that Triumph had been supplying to Saab for use in the 99 sedan (until Saab woke up and made its own engine in 1972). It was a poor choice instead of the 16-valve, twin-cam unit from the Dolomite Sprint sport sedan. Initially, a non-overdrive derivative of the Spitfire four-speed gearbox was used, joined later by a Rover fivespeed and Triumph's first automatic. STRANGLED BY EMISSIONS Unfortunately, the U.S. emissions-strangled four pro- duced a little over 90 hp, and so the TR7 was a retrograde step from the TR6 in straight-line performance (0-60 was around eleven seconds). At the time, however, this was the norm, as manufacturers struggled to deal with ever-tightening pollution regulations. Fans of the wedge (if there are any) may wonder how things would have turned out if the car had been produced with the Dolomite's twin-cam as planned. Not to burst anyone's bubble, but the car would likely have wound up just a slightly more interesting badly built footnote. Things were that bad at BL at the time. The thing that strikes one the most when first entering a TR7 is just how different from any other British sports car it is on the inside as well. Gone is the real wood that had been a fixture in TR cockpits since the TR4. In its place is an angular dash of black plastic that belongs in a sedan of the era. The positive end of the tradeoff is control placement that is much less haphazard than a TR6, ventilation that actually works, and a much roomier environment for two people. The tartan plaid seats, in addition to being a period piece, are decently supportive. If you insist on owning a TR7, be forewarned that parts are not as easy to source as those on the more popular Triumphs. For hard to find stuff, Rimmer Brothers (www .rimmerbros.co.uk) in the U.K. is your best bet, although the current exchange rate will do you no favors. Maintenance (and it will be constant) is straightforward enough. Sports Car Market

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HALF OF THE EVEN WORSE STAG Be aware that the engine is essentially half of the (even worse) Stag V8 and will not suffer fools with tools gladly. The cylinder head studs project at an angle and inevitable corrosion makes tightening the aluminum head impossible. Stainless steel studs can partially solve this problem—but good luck pulling the head to install them. Do not overheat the engine and do change the coolant annually. Water pumps and cam chain tensioners bear watching too. TR7s seem to be a bit more rust resistant than the older Triumphs. Whether this is simply a function of them being newer, or so failure-prone that they spent most of their lives parked in garages, is debatable. Nevertheless, be on your guard for rust, especially in convertibles or sunroofequipped cars that may have leaked. The sunroofs are an interesting folding vinyl affair made by Webasto. Cars so equipped are almost as airy as a targa-roof car. Just make sure the top is in good order, as parts for these unique roofs are a tough proposition in the U.S. As far as collectibles go, the TR7 seems destined to occupy the bottom rung in the hierarchy of British sports cars—one step below even the rubber-bumper MGBs, Midgets, and Spitfires. And perhaps this is unfair. A late TR7 Spider, with its special black-and-red paint scheme and TR8 alloys, is a much more attractive proposition than a teetering, rubber-bumpered 1980 Anniversary Edition MGB. But the market is what the market is. Consider it as one of the last opportunities to drive something distinctive for less than $5,000, at the same time having a car 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. whose ongoing self-destructive nature will make the SCM Fiat seem like a Toyota by comparison.u ROB SASS has been collecting and restoring affordable classics since he was sixteen. In addition to SCM, he has written for the New York Times and Business Week Online. 20 Year Picture 1983-85 TVR Tasmin 280i 1974-78 Triumph TR7 1976-78 Lotus Elite August 2006 27

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Legal Files John Draneas To Live and Crash in L.A. The motorist let Karney sit in his car to make the call, then later noticed a loaded Glock handgun magazine under his seat A t 6 a.m. on February 21 this year, Malibu police Sergeant Phil Brooks answered what he thought was a routine call about a car crash on the Pacific Coast Highway. It would turn out to be anything but. The script for this accident reads like “Mission Impossible”: A car race between two stolen, foreign-registered, million-dollar cars ends at 162 mph, when one is cut in half by a phone pole. Unhurt in the crash is a fugitive financier who claims someone else was driving. He's interviewed by mysterious “Homeland Security” officers, and the police trail uncovers millions in missing money, unregistered weapons, illegal drugs, and a “lost” yacht with other suspects aboard. The Internet has been buzzing ever since, and no West Coast cocktail party is complete without the subject being discussed. ENZO IN TWO PIECES At the crash site, Sergeant Brooks discovered a red 2005 Ferrari Enzo broken into two pieces immediately behind the passenger compartment—and the pieces were 600 feet apart. A concrete power pole was broken in two, with the bottom half lying on the ground and the upper half dangling from its wiring, which caused a power outage in the surrounding area. The Enzo's engine and other pieces were scattered along the road for 1,200 feet. Standing in the middle of the wreckage were Bo Stefan Eriksson and Trevor Karney. Eriksson identified himself as a 44-year-old Swedish national and the owner of the Enzo. He said he was a passenger in the Enzo when the crash occurred. The driver was a German acquaintance named Dietrich (last name unknown), who fled the scene. Eriksson claimed that Dietrich had been racing a Mercedes SLR McLaren when he crashed. A breathalyzer test determined that Eriksson's blood alcohol level was above the legal limit. Karney said he was the passenger in the Mercedes, and corroborated Eriksson's story. HOMELAND SECURITY? A few minutes later, two men arrived and flashed badges, identifying themselves as officers from Homeland Security. They demanded to speak privately with Eriksson, and did so at length. The police let Eriksson and Karney go. They called in a helicopter and a search-and-rescue team to search for “Dietrich,” but gave up after three hours. Further investigation uncovered a web of international intrigue. 28 Photos taken at the crash site—600 feet apart Dietrich evaporated once police noticed that both airbags had deployed, but found blood only on the driver-side airbag. A DNA test proved that it was Eriksson's blood, and he then admitted that Dietrich did not exist. 199 MPH WHEN THE TAPE STOPPED Accident reconstruction determined the Enzo was traveling 162 mph when it became airborne and hit the power pole. Later, an anonymous witness told the police that Karney was the passenger in the Enzo, and had a video camera. The witness claimed he had seen the video, which showed the speedometer registering 199 mph just before the tape stopped. He said Karney still had the video. The police went to Karney's address (a yacht moored at an exclusive marina), but the ship had sailed. It turned out to be registered to a Carl Freer. Freer, Karney, and the video remain missing. Police discovered that the Enzo was owned by a Scottish bank and leased to Gizmondo Europe Ltd, a London-based company, of which Eriksson was an executive. Further research turned up a second Enzo—a black one—and a Mercedes SLR McLaren which also belonged to banks who had leased them Gizmondo. The leases forbade the cars from being taken out of Great Britain, yet Eriksson had somehow managed to bring all three to the U.S. None of the cars were registered for road use in the U.S., as Eriksson stated that they were only to be used for shows and off-road use. Nonetheless, many witnesses reported Eriksson caused quite a stir around normally blasé Los Angeles with his pair of Enzos. The banks said payments on the leases stopped a few months after the cars came to the U.S. and have reported the cars stolen. The banks claim to be owed $1.15 million, including $566,000 on the wrecked Enzo. GIZMONDO GOES WRONGO Eriksson has a storied past and many run-ins with the law. His first theft conviction netted him three months in jail, followed by another three and a half years for cocaine and arms-related convictions. Finally, he was convicted of fraud and counterfeiting and sentenced to ten years, but released after about five. In 2000, while working as a debt collector, he was assigned to find another Swede, Carl Freer, who had failed to deliver Ferraris to Sweden. The assignment developed into a friendship and the two formed Gizmondo to develop handheld video game systems to challenge Sony and Nintendo. To raise capital, Eriksson, Freer and several others acquired Floor Decor, Inc., a virtu- ally defunct carpet retailer that had one significant asset—it was listed on the NASDAQ exchange. The name was changed to Tiger Telematics, and became the parent of Gizmondo Europe. The pair started raising cash by selling Tiger Telematics shares. But Gizmondo couldn't sell many video game systems. Critics complained that they were more expensive than the competition, had numerous technological features of ques- Sports Car Market Photos: www.wreckedexotics.com

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tionable utility, were rather ugly, and lacked one major element—games that could be played on them. Nonetheless, Gizmondo burned through an enormous amount of money, losing $263 million in its final year. $1,500 LAP DANCERS Among the questionable expenditures: over $3.1 million in annual salary and bonuses for Eriksson, and over $3.4 million for Freer; over $500,000 in salary, bonuses, and automobile allowances for another executive's girlfriend, who worked for Gizmondo as a secretary; unspecified high consulting fees for Freer's wife; $1,500 lap dancers; company sponsorship of a Ferrari raced by Eriksson at Le Mans; $15 million in homes; a $10 million yacht; and millions in cars, diamonds, and other incidentals for executives. Seeking a change of scenery, Eriksson, Freer, their wives, two Enzos, and a Mercedes left England and injected themselves into the L.A. social scene with a big splash. Then a Swedish newspaper ran a story connecting Eriksson and Gizmondo and described his criminal past. Eriksson and Freer both resigned, and a few months later, Gizmondo filed for bankruptcy, listing debts in excess of $200 million. GLOCK AMMO UNDER THE SEAT At the crash scene, Karney approached a motorist who had stopped to help and asked if he could borrow a cell phone. The motorist let Karney sit in his car to make the call, then later noticed a loaded Glock handgun magazine under his seat. At the same time, Eriksson identified himself to police as the Deputy Commissioner of the anti-terrorism unit of the San Gabriel Valley Transit Authority police department. Intrigued, police investigated the transit authority and discovered it is a non-profit agency founded by Yosuf Maiwandi which owns a “fleet” of five small buses used to provide transportation for disabled and elderly people. The transit authority's main place of business was Homer's Auto Service, but it main- tained its own police department, staffed by six volunteer officers. Eriksson was helping create a security system for the buses. You may wonder why such an agency would need a police force at all, but Maiwandi claims the police department was created to provide protection for riders and to run background checks on bus drivers. Unimpressed, police raided the transit authority's offices and seized numerous docu- ments, five firearms, police jackets, and many police badges. They also arrested Maiwandi on charges of perjury. A further raid of Eriksson's Bel Air mansion netted several computers, a substance believed to be cocaine, and a .357 magnum Smith & Wesson that was registered to a businessman who served on the Orange County Sheriff's Advisory Committee as well as being a deputy in its services division. The sheriff has been criticized for giving deputy badges and concealed weapons permits to volunteers with no police training. Detectives are still wondering why the gun was at Eriksson's home. CHARGES AND STILL MORE CHARGES Eriksson was charged with embezzlement, grand theft, drunk driving, cocaine pos- session, and unlawful possession of a handgun. He faces 14 years in jail. He is in prison, unable to post bail because his assets are frozen. Eriksson pleaded not guilty to all counts and insists that he was in negotiations to pay off his banks when the crash occurred. Charges against Eriksson were later expanded to include hit and run, driving without a license, and driving without insurance. Police say that on another occasion, Eriksson was driving a Porsche Cayenne when he rear-ended a Ford Explorer, then drove off. Police say he did not own the Cayenne, but did not elaborate as to how he came to be driving it. Eriksson's associate, Carl Freer, was arrested and charged with perjury, impersonating a police officer in order to purchase a gun, and unlawful possession of a weapon. Police confiscated 12 rifles and four handguns from his home and yacht. Then Eriksson's wife was pulled over while driving the SLR. She was cited for driving without a valid driver's license. The SLR was confiscated because it was unregistered, carried British license plates, was illegally exported from Great Britain, and had been reported stolen by the bank that owned it. NOT GOING ANYWHERE SOON Eriksson's trial is scheduled to begin July 31. However, many motions have been filed by his attorneys, and that date is likely to change. U.S. Immigration and Customs Enforcement continues to investigate how Eriksson and the cars got into the country and have placed an immigration hold on him, so that they September 2006 The pole hit by the ghostly Dietrich can arrest him if he is released from jail. A spokeswoman stated, “He is potentially subject to deportation.” Scotland Yard is also investigating. Karney and Freer's yacht is believed to be sailing to Ireland, but has not been located. The Malibu Sheriff's Department is looking for the two “Homeland Security” agents, eager to question them. Press and Internet buzz reflects amazement about the safety features of the Enzo. Many bloggers are amazed that Eriksson and Karney survived such a horrific crash without any injuries other than Eriksson's cut lip. A police officer at the scene was quoted with practically British understatment: “For a million dollars, you get a pretty good air bag system.” Ferraristi around the world are reported to be severely depressed about the sacrilegious loss of one of the 400 Enzos built by Ferrari. One fan even lit a rosary candle at the scene and tacked a picture of the Enzo to a cross. (“Get a life” might be an appropriate response here.) And summing up neatly, Malibu Mayor Andy Stern suggests this case should serve as a warning to sports car drivers not to speed on Pacific Highway. Especially if they have a lot to lose.u JOHN DRANEAS is an attorney and car collector in Oregon. His comments are general in nature and no substitute for a consultation with an attorney (especially in this case). He can be reached at legalfiles@sportcar market.com. Your comments on this column are welcome and should be sent to the above email address. NEXT MONTH: How I Would Defend Stefan Eriksson by Steven Thayer (trial and appellate lawyer since 1977, specializing in criminal defense; formerly Tonya Harding's attorney) 29

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Collecting Thoughts Wheels of the Past Restoration the Hard Way ‘A lot of times, owners will bring in a pile of parts and a picture, and say, “I want it to look like this.” What's missing, I have to make' by Dennis Eckhout back the gray car cover; as soon as it clears the edge of the coffin hood, it's obvious the car is a Cord. But this is a unique car. Known as the “Coppertone Cord” due to the distinctive copper trim on the hood louvers, it's a 1935 hand-built pre-production prototype with a slightly smaller body and a lower windshield than the production models. The hidden headlights on the Coppertone fold out of the “inner thighs” of the fenders near the hood. Since spare mechanisms for the folding headlights don't exist, the Auburn Cord Duesenberg Museum sent this car to Francis so he could build them. He brings out pictures of another Cord the museum sent him, the famous E-1. The car was discovered in a heap 26 years ago by renowned collector Paul Bryant. It was missing critical parts—engine, frame, fenders, and grille shell. Some pieces were eventually found, but others, like the fenders that had been shortened 20 inches and put on another car, were left for Francis's shop to repair or fabricate. Finally finished, it was displayed at the Pebble Beach Concours d'Elegance in August 2003. Since both cars are one-of-a-kind pre-production Francis with one of his oddball favorites T he small sign in the front window of the faded yellow building in rural Oklahoma matches his modest business card: “Wheels of the Past Restorations, 1900–1940.” The sign isn't there to attract customers so much as to let them know they've found the right place. The sound of hammering leads visitors to the 12-foot shop door at the side of the building, where Dennis Francis and a couple of members of his crew huddle over a workbench. Francis is a craftsman who builds antique car bodies from scratch. If a part doesn't exist anymore, or the fender you need isn't in a pile of rusty parts from some desiccated bone yard, he can fabricate it. “I don't work on Fords or Chevys,” he says. “I like the oddball, hard-to-find things.” He doesn't advertise or even have a web site, yet he gets enough referrals via nationwide word of mouth to line up business a year ahead of time. The work he does on these “oddballs” turns up at the most prestigious auto shows and museums in the country. At the moment there are a dozen vehicles in the shop in various stages of completion. When he finished with a 1911 Thomas Flyer, the owner sent over a 1913 Hupmobile for him to work on. A 1937 Packard Super 8 with dual side-mounts waits in the corner. Aaron Crenshaw and Andrew Wakley, his apprentices, are working on the body for a 1911 Simplex in the middle of the room. Off to the side are two 1933 Diamond T trucks, their bodies just wooden frames. They are being made into pickups, with shortened chassis and beds, which Francis will fabricate. CLASSIC CORDS Francis walks over to a car sitting against the back wall of the shop next to the Packard. He begins pulling Hand-fabricated E-1 fenders 30 Sports Car Market cars, it is impossible to guess what they might be worth. Production Cord 810/812 models bring $95,000 to $125,000, and Duesenbergs similar in size and stature to the E-1 routinely approach $1 million. While much of Francis's work involves fabricating parts from scratch, clients also bring him parts that can be patched or ask him to undo other people's quick fixes. “It is easier if I have something to start with,” he says as he shows me a Cord front fender on which he has welded perfectly matching swatches of metal. Other times, trying to fix an existing part is more work than it's worth. Auburn Cord Duesenberg Museum, Auburn, IN

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The Cord E-1, as restored by Wheels of the Past and shown at Pebble Beach He is fabricating a tank that holds both coolant and gasoline for a Brass Era car that a client brought in for him to fix. The old tank was sculpted with Bondo so that it looked perfect on the outside. But underneath, there was too much corroded metal to make any leak-proof patches. Francis has the ability to craft a three-dimensional hood or fender, rendering com- plex compound curves from a flat image. With no jigs or engineering plans, he often has only photographs and a few measurements to work from. “Owners will provide me with photos and measurements. A lot of times, they'll bring in a pile of parts and a picture, and they'll point to the picture and say, ‘I want it to look like this.' What's missing, I have to make.” He sometimes uses the resources of the Horseless Carriage Club of America. “I'll find someone who has the same car and write them for information.” Not all Francis's clients are wealthy enough to play (and pay) at this level. “Some people struggle. I'll work on it at their pace on a pay-as-you-go basis. They'll ask how much work can they get done for a certain amount, and when I get it that far, they come and see it.” METAL RUSTS, WOOD ROTS The bodies on these early 20th-century cars were supported by wooden frames. While metal rusts, wood rots. Francis buys rough-cut white and red oak from Missouri, then planes it himself to the correct thickness. The wooden frame is then fabricated and screwed together, and the metal bent around to fit it. But, he says, “It's hard to get slotted screws any more because everything is going Philips.” While the tools he uses are simple, many of them are as old as or older than the cars he's making the parts for. The Peck Stow & Wilcox sheetmetal brake for bending edges is an 1898 model. For impressing beads into flat metal, he uses an antique bead roller. If he doesn't have the correct-sized rollers needed for a specific car, he makes them himself on the lathe. Compound curves are made on a big English wheel. His woodworking tools are fairly common: circular saw, planer, band saw, and belt sander. It's obvious that Francis loves his work. “It's not the same old stuff every day. I can work on wood for a while, then metal, then something mechanical. It's never monotonous.” The business is also a family affair. His wife Pamela helps with sanding September 2006 and bead blasting, while son Darren helps him tear down trucks. Daughter Kimberly helps with the billing and office paperwork. Francis has about a one-year backlog of work sitting outside. Some are the definition of rust buckets, and he takes some delight in telling how rough many of these cars and trucks are when they arrive at his shop. “They're about as far gone as they can get,” he says. He's doing all the sheetmetal on a 1940 Studebaker, and says of a 1935 Diamond T: “We had to wire the cab together because the wood is so rotten the doors would fall off.” Sitting among his clients' projects are a couple of old trucks that he wants to restore for himself and take to shows. He still has the '36 Chevy truck bought new by his grandparents. Next to a 1950 Mack is a 1948 International Harvester over-the-road truck that he bought in Colorado. His son wants to restore the 1943 military truck that he'll be able to drive to school. The numbers of automotive craftsmen at this caliber are dwindling. But in an unassuming shop along a dusty road in rural Oklahoma, there is a man dedicated to restoring the vestiges of the past. Next time you are walking around Meadow Brook, Amelia Island, or Pebble Beach, marveling at the brass and the chrome and the green, remember Dennis Francis, who has perfected the skills of days gone by. u DENNIS ECKHOUT is a native Detroiter and life-long car guy. He recently finished a year-long resuscitation of a 1974 TR6 barn find that hadn't been driven in eleven years, but ran when it was parked. 31

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Collecting Thoughts Interstate Purchases Taxes, Taxes, and More Taxes If you don't pay the sales tax, you'll for sure pay the use tax by Jordan Miller I f you're thinking of buying a car located in a different state than the one in which you live, there are sales and use tax implications you should be aware of. Today, 45 states impose a sales tax. The total sales tax is frequently composed of two components: the actual state tax rate, which averages approximately 6%; and the local sales tax rate (city, county, etc.), which can add 1% to 5%. For convenience's sake, although there are exceptions, the state taxing authority generally collects both its piece of the pie and the local piece, and remits the local taxes to the proper jurisdictions. And then there's the use tax. It is a way for the state to ensure that otherwise taxable transactions do not avoid the state's taxing authority; in other words, if you buy a car for $100,000 in California from a private party and drive it home to Washington, your home state has still found a way to nick you for the taxes due. There are two common instances when the state taxing authorities have a way to identify our use-taxable purchases and thus impose the tax (generally at the same rate as the relevant sales tax): 1) when we purchase items that need to be registered with the state, such as cars; and 2) when we purchase expensive items from businesses (i.e., repair shops or restoration facilities) that have recently undergone a state tax audit. An example: The State of Washington imposes its sales and use taxes at the state If you buy an M6 in Oregon, and take delivery in Washington, what kind of tax will you pay? tax would provide their residents with a credit of the use tax due for the sales taxes previously paid upon delivery in states that use an approach similar to California's. Let's say that the deal on the M6 with the Oregon eBay rate of 6.5% (ignoring for now any local sales tax). An eBay seller located in Oregon, a state with no sales or use tax, is offering a 1989 BMW M6 at a “Buy it Now” price of $20,000. There is no sales tax assessed at the time of purchase; however, when I attempt to register my vehicle in Washington as a resident, the Department of Licensing will refuse to license my vehicle until it is proven that the applicable Washington use tax ($1,300) has been paid. Of course, this same payment would be required if the car were bought at an auction or from a dealer in Oregon. When a vehicle is purchased in a state other than your home state, the sales- and use- tax law in the state of purchase holds sway. States generally take one of two approaches to this: Regardless of the place of delivery, a sale to a nonresident for use outside the state will be exempt from tax in the state of purchase, provided certain conditions at the time of sale are satisfied; or a sale to a nonresident of the state will be taxable if the vehicle is delivered to the nonresident inside the state of purchase. As in the example above, Washington does not tax sales of vehicles to nonresidents (even when delivery of the vehicle takes place in Washington) provided that either the vehicle is immediately removed from Washington under a special trip permit, the vehicle is taken out of state by a licensed ICC carrier, or the nonresident buyer registers and licenses the vehicle at the delivery point under the laws of his or her home state. The seller of the vehicle must also retain evidence substantiating the fact that the sale was exempt from tax. Similarly, a Washington retailer can avoid collection of the tax by simply delivering the vehicle to the purchaser at a point outside the state (again, provided that the seller retains documentation of the exempt sale). THE GOVERNATOR WANTS HIS PIECE In California, however, a sale to a nonresident is subject to California sales tax if the vehicle is delivered to the purchaser in California. To avoid the California sales tax, the vehicle must be delivered outside the State of California. Other states imposing a sales 32 seller fell through, but we've identified an equally nice example at a dealership in California for the same price. If delivery of the vehicle is made to me in California, California state sales tax will be imposed at the time of sale. The California state sales tax rate is 7.25% (again ignoring any local taxes). If I'm an Oregon resident, this vehicle just became 7.25% more expensive than if I purchased the vehicle in Oregon, and 7.25% more expensive than if the dealer had shipped me the vehicle. (Which makes a pretty good case for hiring a licensed carrier if you happen to pick up a few choice pieces at a Monterey auction and are taking them home to a lower tax rate than that of California's.) On the other hand, the combined state and local tax rate in Seattle is about 9%. If I take delivery of the BMW at the dealership in San Diego, the dealer will collect tax on the sale at the total combined sales tax rate in effect at the location of the dealer, which in San Diego is approximately 7.75%. Therefore, when I register my car in Washington, I will be given a credit for the taxes paid in California and only have to pay use tax of an additional 1.25%, or $250. I still end up paying the full tax, but at least I'm not paying part of it twice. REPAIRS AND RESTORATION Just as with the purchase of a vehicle, each state has different rules with respect to repair services. For example, nonresidents of Washington may be able Sports Car Market

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to ship tangible personal property to Washington service providers for repairs, cleaning, and other alterations without any Washington tax liability. This exemption covers charges for labor and materials. For this exemption to apply, however, the service providers must deliver the property to the nonresident owners outside Washington once the work is done. Alternatively, a service provider can deliver the property to a common carrier or bona fide private carrier consigned to the nonresident buyer outside Washington. Proof of out-of-state delivery should be retained by the repairman to substantiate the exemption. In California, repair, installation, or recondition- ing labor is generally exempt from the sales tax if it is itemized on the bill. However, when the retail value of the parts and materials furnished for repair work exceed 10% of the total repair charge, or if the repair person separately states amounts for parts and materials, then the repair person is treated as a retailer for those amounts and collects the corresponding sales tax on the value of the parts and materials. With all of the above, it's not a matter of trying to avoid taxes. Rather, careful planning in advance can help mitigate the state sales and use-tax impacts of moving vehicles from one state to another, or at least remove the element of a less than appealing state tax bill. When considering a transaction involving significant automotive costs, a quick chat with your attorney or tax advisor should probably be on your agenda.u The state where the car is delivered can make a difference in taxes due JORDAN MILLER is an SCMer, attorney, and tax advisor specializing in state and local taxes. His comments here are general in nature and not a substitute for consultation with your attorney or tax advisor. He can be reached at jordan. miller@mossadams.com. September 2006 33

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Collecting Thoughts Off-roading in a McLaren McLaren F1 Meets Road Grader in Montana If you want to see me in hysterics, give me eight miles of road construction with serious washboard to negotiate with a fresh $70,000 paint job by Miles Collier M y wife, Parker, and I just completed a thousand-mile tour of Northern Montana in our McLaren. I'd long considered the F1 the best modern supercar ever built, but was always too embarrassed at the thought of being seen driving something with so much potential “bling” to add one to our collection. The siren call of the F1 as a technological work of genius ultimately prevailed. David Gooding of Gooding and Company was able to come up with a variety of U.S.legal cars for our selection. For a market-correct $1.2m, we chose chassis 022, the ex-Thomas Bscher machine of 200-mph-commutes-to-work fame. As the car had fallen into unsympathetic hands, we shipped it back to McLaren in Woking, England, for a major inspection and service, repaint, retrim, and a thorough freshening to as-new appearance. Three hundred thousand dollars later, we received 022 back in Florida looking and—after some minor fettling by a Wokingbased service technician dispatched from England to our shop in Naples on McLaren's dime—driving sensationally. We decided on a McLaren road trip, going from our Montana ranch to Glacier National Park and back. ATTRACTS GEARHEADS, NOT CHICKS Two major observations about McLarens on the road need to be noted. First, these are not “chick magnets,” they are “gearhead magnets.” Parker observed that the car was more or less invisible to babes, but attracted more male attention than Jennifer Lopez in a mink thong. Here is the standard reaction: “Ohmigod, an F1 McLaren! (repeat). These things cost a million bucks. That's the (insert superlative) thing on the planet!” One young man said that ours was the first real one he'd ever seen, but that he'd driven one in a computer game. “How was it?” I asked. “Fast,” he smirked. Second, my car comes with a rev limiter—named Parker. Every time I run the engine up to 4,000 rpm, where it begins its imitation of a tyrannosaurus about to devour a triceratops, my wife punches me in the side of the head and screams, “Slow down!” Luckily, 2,500 rpm in sixth translates to 80 mph. A PRACTICAL CAR, MORE OR LESS Unlike a lot of other supercars, you really can carry two people and a week's worth of luggage in the car. Thanks to the fitted luggage and the third seat, we were able to haul hiking boots, packs, raingear, road atlases, bottled water, snacks, and all the stuff Parker insists be kept in the cabin. The trick is that, when taking luggage in the cockpit, the left seat is the passenger seat, not the right, as the driver must enter the car from the left due to the shifter 34 Five inches of ground clearance my foot placement. So if, in front of the inevitable crowd of gawkers, you load the left seat with luggage, suavely hand your lady into the right seat, and then try to get in, you'll find that you have to rework the distribution of passenger and luggage. You do have the satisfaction of the whole starting ritual: swiveling into the center seat, clicking into the full safety harness, turning the ignition on—which pauses while the computers run a systems check—opening the caged ignition button, and…whoom. McLaren fitted their cars with one of the first carbon clutches on a road vehicle, and it requires some getting to know, though never getting to love. Take-off from a start is done at idle speed with no throttle at all. This results in a leisurely departure, but anything that extends the clutch's normal 6,000-mile life is to be gratefully adopted, especially with the cost of a replacement running about $25,000. On hill starts, you're on your own. We quickly discovered on our road trip that Montana roads, at least the paved ones, are glass-smooth and have no traffic. We drove for as much as 30 or 40 minutes without seeing another car. We did one stretch over the Continental Divide at the bottom of the Bitterroot Valley through endless 90-mph sweepers and saw no traffic at all. In a McLaren, this is a very good thing. Keeping below the left seat-mounted rev limiter's engagement level ensured an effortless rhythmical progression at what felt like modest speed, but one that, even in Montana, probably would have landed us in jail. But that stuff is what the car was made for. THE MOTHER OF ALL CONSTRUCTION ZONES We seemed to scrape the rub pads under the nose at least once a day on gas station aprons and even in an intersection where the hump in the middle of the transverse road exceeded our approach angle limit. The car is just damned low, five inches of claimed ground clearance notwithstanding. This limitation became more apparent when dealing with one attribute of Montana Sports Car Market

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roads that is less well known—the construction zone. The state hasn't got a lot of paved roads, and the ones they do have are kept in that glasssmooth condition by ripping them up regularly and redoing them. If you want to see me in hysterics, give me eight miles of gravel and dirt construction with serious washboard to negotiate in a McLaren. An official factory paint job is a cool $70,000 when you allow for the exchange rate. Windshields go for $30,000. You really want to avoid construction zones. Naturally we hit upon the Mother of All Construction Zones on Route 43 at a place where the only way around involved a 150-mile detour. About a half-mile of the zone had become a foot-deep bog thanks to the previous day's rain. Four-wheel drive pick-ups were leaving ruts in the mud with their front differential pumpkins. The pilot-car girl said that we shouldn't try proceeding in “your Ferrari.” She did offer to let me ride with her on her next pass so that I could evaluate the threat. As we were about to turn around and tackle the 150-mile detour, she announced that the road crew was excavating the mud hole, filling it with rated fill, and would have the job done in an hour. Why don't we wait? There was an adjacent campground with a potholed, two-track dirt road that we could negotiate to get out of the way of the construction equipment while we waited. I met the grade supervisor, a very friendly and tough young woman who decided it would be her day's mission to get our McLaren through her construction zone. We toured the roadwork again. She announced that what we needed was a road grader to cut the surface flat right in front of us when we attempted the passage. She rounded up the grader and, after an animated talk with the operator, decided that we also needed a road roller to crush the rocks stirred up by the grader back down into the surface. The road roller was soon forthcoming and we were invited to take our chances. Following a grader and a roller is something not covered in the owner's handbook, as the task cannot be done A road for an H2, not an F1 in first gear. Even at idle, we were just too fast. I developed the technique of engaging the clutch at idle, popping the shifter out of gear, and coasting down with the brakes until it was time to engage first again. While the belly pan touched dirt a few times, the now mud-packed McLaren negotiated the passage. High fives all around. And so we found that you can play rally car in the gravel, so long as you stay under 5 mph and don't view each rock chip as a $1,000 nick on your debit card. We did it five different times. And, in the same pure way a Mk 1 Mini Cooper S is a transcendent automotive experience on the right road, the McLaren's a lifetime experience when the road turns into long sweepers, with no traffic in sight. Especially with Frankie Valli on the stereo, belting out “Big boys don't cry” as each little rock bounced off the windshield. We can't wait to go again.u MILES COLLIER is a lifelong car collector and long-time SCMer. He also hosts the Collier Symposium at his private automotive museum in Naples, Florida. Collier waits for the grader and road roller September 2006 National Parker and Miles from Florida Collier 35

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Collecting Thoughts The Last Checker Cab Taking One Collector for a Ride “Celebrity” cars often lose value the second time they're sold; “Janie” set a new standard, selling for 93% less than the first time by Donald Osborne S ince collecting cars is so personal, it's not surprising that collectors specialize in niches, such as race cars, convertibles, even cars of the famous. One die-hard group seeks out “profes- sional cars”—ambulances, hearses and flower cars, and commercial vehicles. Many can be seen at general-interest car shows, and they enjoy large and active clubs. Almost forgotten among the cars which had to work to earn their keep is of course the taxicab. The best-known taxi in the U.S., and perhaps around the world thanks to Hollywood movies, is the Checker. Checkers even starred in their own TV sitcom, “Taxi,” which ran from 1978 to 1983 with Judd Hirsch, Christopher Lloyd, Tony Danza, and Marilu Henner, and made a star of Danny deVito, the psychotic dispatcher. The show ended its run about the same time the Checker company closed, in 1982, a victim of rising production costs and shrinking sales. JANIE TAKES A RIDE A 1978 Checker cab, named “Janie” Nostalgia is not necessarily collectible by its driver when in service, was the last in active service on the streets of New York City. Retired in 1999 by its original owner/driver Earl Johnson after over 900,000 hard miles and transporting the usual NYC celebrities, including Jackie Onassis, “Janie” was a bit of a celebrity herself. Cashing in on that notoriety was easy—at a Sotheby's auction in December of that year, a European jazz singer and his wife paid $134,500 for the privilege of parking the Checker in their garage in the Hamptons, the swank Long Island, New York beach community. Seven years later, the now-divorced owners decided that the taxi was surplus and consigned it to Christie's to sell at their June 2006 auction in Greenwich, Connecticut. “Celebrity” cars always lose a good deal of their value the second time they're sold. However, “Janie” might have set a new standard, selling for $9,400, or 93% less than the first time around. This is a loss ratio that makes those who bought Ferrari Boxers in 1991 for $250,000 seem smart, even with their current $75,000 market value. 300,000 CHECKERS Starting in 1922, the Checker Cab Manufacturing Company began building taxi cabs for the Chicago market. Addressing the 1929 New York City requirement that cabs be able to accommodate five passengers in the rear compartment, they quickly became popular in that city as well. By the time World War II ended, Checker was almost alone in offering a capacious, reliable cab and had successfully competed with Detroit's biggest manufacturers in gaining a large share of the market. Between 1922 and the end of production in 1982, an estimated 300,000 Checker cars were made. The car most people envision when they think “Checker” is their final model, the Marathon. Introduced as the A8 in 1956, it won plaudits in big cities across the country 36 with its wide, high doors, roomy interior, and large trunk. The long wheelbase gave a smooth ride on broken city streets and made it a favorite of passengers and drivers. Immortalized in movies and considered the equal of the legendary Austin taxi of London, Checker closed its doors when it was unable to fund the designing of a new cab that met increasingly complex safety and emission regulations. Once the factory doors were closed, parts became more difficult to source, and Checkers began to disappear from the streets. Also, individual owner-operators were replaced with corporate taxi fleets (Chevy Caprices and Ford Crown Vics were the hacks of choice), and high mileage took its toll on the survivors. It's estimated that 2,000 Checker Marathon cabs still exist. NOT REALLY COLLECTIBLE So with its unmistakable presence, renown, and growing rarity, the Checker cab is a bona fide collectible, yes? Well, no. Ben Merkel runs Twilight Taxi Parts in Middlefield, Ohio. Regarded as the leading source of maintenance and restoration items for Checkers, he candidly states “Really, no one collects Checkers.” He goes on to say “There are a few diehards, but frankly, most of my business is selling parts—meters, top lights, things Sports Car Market

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like that, to people who like cabs but who can't keep a whole cab at their house.” The Checker collecting experience is different than for other enthusiasts. The Checker Cab Club's events are, in the words of Merkel, “pretty relaxed.” There is no judging or trophies and hence no trailer queens. Why are they not restored? According to sources, it's both difficult and expensive. Figure on $30,000 to $50,000 to do a taxi properly—parts such as body panels are unobtainable, and many trim pieces have to be fabricated. After it's restored, what then? Rent it to the movies? GO FOR THE BIG BACK SEAT The rules for collectability and, by extension, value are based on desirability, us- ability, and availability. In spite of the Checker cab's undeniable fame in films and on television, only natives of Chicago and New York City of a certain age have personal memories of them. As a native New Yorker, I can recall vividly how eager I was as a child to ride in a Checker. Even if there were only two of us in the cab, I made a bee-line for one of the jump seats. As an adult, a trip in a Checker was like scoring a limo ride—a high, comfortable seat, space to stretch your legs out straight in front of you and enough headroom to wear the proverbial bowler hat. With the large amount of room in the back and the frequently opaque Plexiglas security divider most cars had, I'm sure other activities were possible in the back of a Checker—or so I've heard. CAB OR REPLICAB There are people who are interested in collecting taxis, including Checkers. But those few old cabs you might see at shows or on the street aren't likely to be what they seem. Merkel says, “Since most cabs led very hard lives and have a lot of miles on them, many times people will take a ‘civilian' car, paint it yellow, add a sign and a meter, and make it into a taxi look-alike.” “Janie” certainly shows all the scars of her 900,000 miles in battle on New York City streets. I viewed the car at the preview and agree with the observations of SCM Senior Auction Analyst Dave Kinney, who noted, “Rust has progressed into rot; parts of the car appear to be held together with paint and tape. Plenty of dings, dents, and body filler in most panels.” While that's not unusual for a well-used NYC taxi, it's not exactly what most people look for in a collector car. That raises the question of what to do with such a car. Do you restore it and lose all that genuine “patina”? Perhaps the best use might be to put “Janie” into a museum, surrounded by photos of her famous passengers and loyal taxi driver, as she passes from pop culture to pop history. And the new owner can rest secure that even if they should lose the same 93% when they go to resell, that would only amount to $8,742, a trifling amount for having sat where Jackie sat.u DONALD OSBORNE is the principal in Automotive Valuation Services. An Italian car enthusiast, his writing has also appeared in The New York Times, Business Week Online, and Road & Track. September 2006 37

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Events Rallye des Princesses Les Belles Dames sans Merci We are less satisfied with holding the stopwatch instead of the steering wheel by Kristen Hall-Geisler; photos by Clément Marin Winners Meyer-Korber and Runzis take a hairpin turn in their “Butterfly door” Mercedes I 38 n the summer of 1999, Viviane Zaniroli decided it was time to revive the Paris–St. Raphael Féminin, a race for women which ran from 1929 to 1974. Zaniroli would call her new incarnation the Rallye des Princesses, and participants would take the same route from Paris to Monaco as the original race. A year and a half later, she had finally amassed 18 teams, enough for the first Rallye des Princesses to take place in September 2000. As more women become interested in the vintage car hobby, we are becoming less satisfied with holding the stopwatch instead of the steering wheel. While there are Plan ahead: June 2007 Where: Paris to Monte Carlo Eligibility: pre-war to 1974 Cost: €3,800 before January 1, 2007 (approx. $4,800), all inclusive More: www.zaniroli.com plenty of opportunities to feel like a princess during the rally—including champagne at the finish line each day and goody bags in the four- and five-star hotel rooms—it is truly competitive. Pilot and co-pilot must work closely to navigate each leg within a certain time frame. Tactical and technical acuity are valued more highly than straight-up speed in a system that rewards teamwork and the fact that women tend to concentrate more on the road and route book instead of proving the car's prowess. This year, 32 female crews and 16 mixed DETAILS Sports Car Market

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Flags honor the German Mercedes-Benz “Milady” and its French driver and navigator crews (where men are only allowed to navigate, not drive) competed for five days. Cars ranged from the 1937 BMW 328 of Martine Lievens and copilot Jacques Heymans to Claudine and Michel Albira's 1974 Toyota Celica 1600SR. SCMers Eve Hutcherson and Susan Lane, of the Lane Motor Museum, drove the route in a 1956 Ford Thunderbird. The overall winner of the regularity event (a modified TSD to American types) was the #8 Mercedes-Benz 300SL coupe (with “butterfly doors,” as they are called in France) of Catherine Meyer-Korber and Sarah Runzis of Switzerland. Just as the cars ranged from pre-war to 1974 vintages, the participants spanned the decades. The youngest participant was 18, which is the legal driving age in France, and the oldest an 84-year-old co-pilot who had never before participated in a reliability run. Zaniroli is accepting applications for the 2007 Rallye des Princesses. Grab a girl- friend and a collector car and kick off summer by driving top-down through French vineyards and mountain passes. You'll never want to be just the navigator again.u Thelma et Louise: en francais and dans les Alpes September 2006 Americans Hutcherson and Lane in a classic T-Bird 39

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Ferrari Profile 1963 Ferrari 250 GTL Lusso ‘Competizione' Why Blouin chose to race a Lusso is a mystery, as by 1965 the era of the front-engine competition car was coming to an end By John Apen DETAILS Years produced: 1962-64 Number produced: 351 SCM Valuation: $350,000–$425,000 Tune-up: $2,000 Distributor: Two @ $400 each Original list price: $13,375 Chassis #: Front frame tube Engine #: Engine rear mount Club: Ferrari Club of America, Box 720597, Atlanta, GA 30358 More: www.ferrariclubofamerica.org Alternatives: 1960–62 steel 250 SWB, 1958–63 Aston Martin DB4, 1952–55 Bentley R-type Continental COMPS 1964 Ferrari 250 GTL Lusso Lot #51, S/N 5487 Condition: 1 Sold at $408,237 Chassis number: 4965 T he Lusso is regarded as the most beautiful of all Pininfarina's creations on the 250 GT chassis. It is a true Granturismo, combining high performance with contemporary levels of elegance. Chassis 4965GT left the factory in September 1963, destined for Paris dealer Franco-Britannic for delivery to Robert Blouin, who specified light blue (Azzurro) coachwork with red leather. Blouin decided to race his Lusso not merely at club level, as two others were, but at FIA Championship events He first campaigned it in the Grand Rallye de l'Ouest in France in March 1964. On 17 May, Blouin drove in the grueling Grand Prix de Spa-Francorchamps in Belgium but DNF'd. One week later he raced, this time at Montlhéry for the Prix de Paris, with unknown results. On May 9, 1965, he entered the Lusso in its most important event, the Targa Florio, with a co-driver named Sauer. While they completed the ten 44-mile laps, they were not classified, as Jess Pourret relates in his definitive book Ferrari 250GT Competition Cars: “The Frenchmen…drove Blouin's Lusso from Normandy to Sicily to enter the Targa…Near the end (of the race), Blouin encountered a gravely wounded competitor and stopped to pick him up and deliver him to the next Red Cross point. This put him out of contention as far as allowed time was concerned.” On May 16, 1965, Blouin again entered at Spa for 40 Artcurial, Paris, France, 2/12/2006 SCM ID# 41072 the annual GT Championship GP. He placed either 6th or 16th overall, either way a respectable result considering the opposition included Ferrari LMs, GTOs, and the Shelby Cobra Daytona coupes. Blouin retired from competition thereafter, and in February 1969, the car was sold to a lady in Paris. It remained with her for more than two decades, before passing to Ralph Bruggmann of Switzerland and competing in the 1998 Tour Auto retrospective. It was acquired soon afterwards by French enthusiast Cazalières, running at Monza in the 2000 Shell Ferrari Challenge and the Le Mans Classic before finally joining the present owner's collection. So its eligibility for most historic events is beyond doubt. This Lusso is offered in faultless condition. Its engine was replaced by another, 1964 Ferrari 250 GTL Lusso Lot #43, S/N 5463 Condition: 1 Sold at $359,100 Christie's, London, U.K., 4/19/2005 SCM ID# 37924 which was restamped with the previous engine number. It has covered only 300 kilometers since a rebuild, with new pistons, rings, and bearings; the rear axle is rebuilt with new crown and pinion, whilst the transmission has been stripped and checked. The chassis is believed accident free. The new silver gray paintwork is immaculate, and the interior, trimmed in deep burgundy leather, is believed to be original. A period roll bar is fitted, plus racing belts, battery cut-out, and safety fuel tank. Offered with old French and Swiss registrations, FIA papers, and documents relating to its racing past, this is a special Berlinetta with a unique history. The SCM Analysis: This car sold for $595,400 at Bonham's May 2006 Monte Carlo auction, probably a new record for a Lusso. The catalog description uses a little hyperbole when it calls it a Lusso “Competition.” And perhaps the “competition” history detailed above influenced the bidders to bid Sports Car Market Photos: FOTOSTUDIO ZUMBRUNN

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Period Road Test ©1969 Road & Track, reproduced by permission. Seat Time Michael de Mello, Estoril, Portugal: I have owned the my '64 Ferrari Lusso since February 1998 when I bought it from Foitek in Zurich, who bought it in 1989 from Jack Hahn, Cincinnati, Ohio. This was the 16th-to-last Lusso made, has Delco air conditioning and is featured in the 1978 Kurt Miska book The Berlinetta Lusso: A Ferrari of Unusual Elegance, page 45. The car was restored in 1999 (stripped to bare metal, engine converted to unleaded, new Connolly interior and Wilton carpets). Yellow braided rubber hose for the fuel line was the toughest bit to find, along with outrageous prices for toolkit and document wallet. Runs beautifully, great pleasure to drive, starts easy; in a Campari Cup drive in mountains kept well on the tail of a 355 F1 Mark Minkin, Ocean Ridge, FL: I owned Lusso S/N 5225 (1964). The car had a thorough and expert restoration done by Greg Jones of Stuart, Florida. The Lusso was a wonderful and rewarding car to own. Its graceful lines and elegant styling evoked a memorable era of touring Ferraris. Whether at shows or just parked on the street in Delray Beach, the car mesmerized people. Driving it, of course, was the best part, and I drove it often. Despite its age and old technology, it was a blast to drive. Acceleration wouldn't put waves on your cheeks, but it did get up and go pretty well. The symphony of the V12 on cam was addictive. At 120 mph-plus the car was surprisingly stable. Once you got accustomed to its handling personality, it was huge fun to throw through the corners. Everything about the car was rewarding.u September 2006 41

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Ferrari Profile against the late Dr. Franz Mayr-Melnhoff and his Lusso. Dr. Melnhoff, who was described by Marcel Massini as the “richest Austrian,” owned ten Ferraris and was a competitive driver with plenty of seat time at tracks all over the world. I had sold him the rather tired Lusso, I thought, for him to use for Atlanta airport transportation, but after FAF rebuilt and “hotted” up the engine, he unexpectedly entered the vintage races at Road Atlanta. A very good driver, he could with great valor pass my TdF in turns, but when we hit the straights it was good bye, Lusso. Just as with steel SWB Berlinettas, the Lusso was too well trimmed and heavy to compete with any alloy-bodied 250. The fact was apparent to the other 350 Lusso buyers, but not Blouin. So we have a beautiful Lusso with a non-original engine and, as SCM's man at the auction Richard Hudson-Evans reported, “a lovely paint job, in non-original colors, panel and fit perfect, bright work unblemished, seat leather darkened, Borranis rim finish scruffy. Refurbished apparently pre-1998. Engine presumably replaced much earlier but recently rebuilt.” So is it worth $600,000 dollars? Yes, under the following circumstances. Figure that a decent Lusso is now a $400,000 car any day of the week. For an extra $200,000, the new owner has a car that will be accepted into the competition section of nearly any vintage event in the world, especially in hard-running European ones like the Tour Auto and the Modena Cento Ore. No, he doesn't have a chance of a podium finish unless every other car in the class runs off a cliff, these astronomical sums for what is a nicely repainted, non-original-colors car. It appears to be a normal Lusso, and no evidence of any competition features, such as higher compression ratio, lightweight rods and pistons, or special exhaust is mentioned—even though these were among the many well-tested, homologated competition mods developed for the type 168 engine used in the SWB Berlinetta, predecessor to the Lussos. As DeRosa wrote in Ferrari GT Cars, about the 1965 Targa entry: “They asked to be entered for the Targa. After getting tangled up in some red tape, they were finally allowed to start. Pourett described their race preparation; the car had only seat belts and a fire extinguisher as racing modifications.” One determinant of value of any Ferrari is how suc- cessful it or variations of the model were when raced, doubtless the reason for the catalog's breathless, flowery description of the races Blouin entered. It's an attempt to give the car a racing aura that it simply doesn't have. Why Blouin even chose to race a Lusso is a mystery. By 1965, the Targa was won by a rear-engined 275 P2, and a 250 LM was eighth. The era of the front-engine competition car was coming to an end. And for the serious amateur racer, there were plenty of reasonably priced ex-competition cars available. Ed Niles, an L.A. Ferrari aficionado who imported many great Ferraris, tells of buying an SWB Berlinetta SEFAC “Hot Rod” in 1966 in decent condition for $3,500 (www.ferrarichat.com/velostrada/issues/200510/ Niles_2733GT.htm). Perhaps Blouin went “racing” for the same reason some people choose to enter non-competitive cars in concours. It's a good way to get a parking space and an inside vantage point. To paraphrase the late Lloyd Benson speaking of JFK, “I knew Ferrari competition cars, and you, sir, are no Ferrari competition car.” In the mid-'80s, I had the good fortune to race 42 Sports Car Market but nonetheless, he gets to run with the big dogs instead of the pantywaists back in the TSD/regularity sections. Further, he has a car that, with its distinctive competition livery and the notoriety of the Bonhams sale, will mark him instantly as a player. And after all, in vintage events, being a player and running with hairy-chested cars is what it is all about. And well worth a $200,000 premium over a run-of-the-mill Lusso.u JOHN APEN owned the Atlanta Ferrari dealership, FAF Motorcars, for 17 years.

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Sheehan Speaks Michael Sheehan Cheap But Not Inexpensive If you're over 6'2” you may find yourself impaled on the steering wheel as the seat goes forward 1989 Ferrari 348 T he last fifteen years have been the best ever for new Ferrari sales, which means that the number of late-model used Ferraris on the market has also never been larger. The allure of getting a $100,000 or more discount on a Ferrari that is only a few years old is nearly irresistable, but the magnificent performance of these cars comes partly through their complexity, and with complexity comes cost. Remember, even though the market value of a 348 or 456 is in decline, the maintenance costs stay the same, or even increase, as the miles and years accumulate. Below are a few quick tips on what to look for, and what to avoid, when shopping for a horsie that's been around the block a time or two. V8 GUIDELINES 348: Insist on a Stack of Receipts “Magnum, P.I.” made the Ferrari 308/328 instantly recognizable, but by 1989, the design was aging. Its replacment, the 348, boasts modern electronics, adequate a/c and world-class performance, but initially electronics were a nightmare, with defective ECUs, over-taxed alternators, and recalcitrant starters. Early cars had a weak transaxle, requiring three major gearbox updates. The 348 flywheel has 30 parts, including springs and washers packed in grease to dampen the engine's harmonic vibrations, a nightmare to disassemble. A clutch job can be expensive; a new flywheel costs $3,200, a double-disc clutch $1,800, and a throw-out bearing is $600, plus labor. Early targa-tops had leaky front top seals that im- proved marginally through continual factory updates while all 1989–93 348s had rear suspension geometry that would go into snap oversteer, a problem cured in 1991. 44 1995 Ferrari F355 While the engine is sound, the 348 is the only Ferrari with a single serpentine cam timing belt, further complicated by a weak (or overworked) water pump and a belt tensioner bearing. The long belt also makes degreeing the cams complicated. Major service is an engine-out operation, starting at $7,000. The 348 Spyder introduced in 1994 had more leg room, an improved 2.7 Motronic engine system, thicker castings on the rear wheels—giving two inches of rear track offset—and improved high speed stability. An after-market computer chip and Tubi exhaust will give 340 hp, offering cheap performance—at least in the Ferrari world. When 348 shopping, run fast from any car which hints at deferred maintenance. 355: New Worlds of Technical Woe The new, five-valve 355 series was offered from 1985 to 1999. It was a vast improvement, though teething troubles were extensive. In mid-1988, the 355 became the first road car to feature an F1 shifter, but early models suffer high-pressure pump and selector problems. If the parts can be found, expect to spend about $11,000 if you need to repair yours. The 355 Spyder power top can be a problem, since the windows must automatically drop, the seats must move forward, the car must be in neutral, the doors must be closed and the emergency brake must be on for it to work. If you're over 6'2” you may find yourself impaled on the steering wheel as the seat goes forward. Top problems can easily run up a long-out-of-warranty $5,000 repair bill. 355s often have faulty exhaust manifolds and valve guides that wear rapidly. An ex- haust manifold replacement costs $3,000, plus $1,000 labor. But drive your 355 with a lean cylinder and you can face a $25,000 engine meltdown. Major engine work requires an engine-out service, which starts at $5,000. 360: Solving the Service Nightmare The 360 Berlinetta was introduced in 1999 as the first V8 Ferrari with a three-year warranty, an indication of Ferrari's faith in it. The 360 is a modern supercar with torque and power, improved braking, handling, and more interior room. Introduced in 2001, the 360 Spyder's top comes from the company that makes Mercedes and BMW tops. Breaking with tradition, the 360 can be serviced with the engine in place, thanks to a removable panel behind the seats. Early Spyders had to have the top mechanism removed for engine access, a problem resolved by cutting access holes behind the seats. What to Pay In the last few years, the price gap has widened between high-mileage, older V8 Sports Car Market

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2001 Ferrari 456M GTA Ferraris and new, low mileage examples. By the way, shop very carefully on eBay, as it seems to be the sales point of last resort for questionable Ferraris. Here are some average V8 prices. 1990 348 coupe with 20,000 miles: $50,000. 1994 348 Spyder with 5,000 miles: $80,000. 1995 355 coupe with 20,000 miles: $65,000. 1999 355 Spyder with 5,000 miles: $110,000. 1999 360 coupe with 20,000 miles: $125,000. 2004 360 Spyder with 5,000 miles: $225,000. V12 GUIDELINES 456: Built for Comfort and… The Ferrari 456 GT was introduced to the U.S. in 1994 by Ferrari as a replacement for the 365 GTC/4, the comfort-focused sister car to the Daytona. The 456M was introduced in March 1998 at the Geneva Salon with a reprofiled grille, carbon-fiber hood, redesigned seats, and new dash. 550: Thar She Blows The 550 Maranello debuted in 1996 and truly was the replacement for the 365 GTB/4. Like the Daytona, the 550 Maranello is aggressively styled, with cut-off tail and longnosed looks. Fitted with a 5.5-liter, 48-valve V12 with 485 hp, the 550 tops out at 199 mph. The 550 Barchetta was introduced to boost lagging 550 sales and for Pininfarina's 70th Anniversary. It's gorgeous with the top down, ugly with it up. Early 456 and 550s ran too much oil pressure and can 2001 Ferrari 550 Barchetta blow the oil filter apart, creating a major mess or a blown engine. The solution is simple: An hour's labor to remove a few spacers will drop the oil pressure to acceptable levels. The circlip holding reverse gear to the gear cluster can fail; if your 456 or 550 pops out of reverse, truck it to your Ferrari service center and have the transaxle repaired for about $3,500. Drive with the transaxle making ominous sounds and you're looking at $7,500, after the reverse gear has bounced around in the transaxle. Early 456 door windows didn't seal against the rear quarter window, a problem re- solved with the 456M. Leaky self-leveling rear shocks can be a $2,000 problem on all 456s. Early 550s also had a wheel recall. Compression and leakdown checks on low mileage 456 and 550 Ferraris often find problems with poor ring seating or leaky valve seats. If the compression is weak, pass. Cam and front seals can leak after about 10,000 miles, so most owners simply go straight to the 30,000-mile service for about $3,500 and repeat it every 10,000 to 15,000 miles. 575: New Gadgets, New Issues 2002's new 575 featured a sophisticated F1 transmission and the skyhook electronic shock system that instantly adjusts to conditions. Weight was reduced, bigger Brembo cross-drilled and lightweight wheels were added and 5.75 liters gave a 203-mph top speed, making the 575 the first front-engine Ferrari production car to top 200 mph. But the early skyhook suspension caused the front end to lift on acceleration, or porpoise. The solution is the stiffer Fiorano suspension package, which has bigger Brembo brakes—that squealed like a stuck pig until brake pads were improved. What to Pay Again, the price gap between an earlier high-mile model and a low-mile example continues to widen. Here are some guidelines. 1995 456 with 20,000 miles: $65,000. 2003 456M with 5,000 miles: $135,000. 1997 550 with 20,000 miles: $100,000. 2001 550 with 5,000 miles: $145,000. 1995–2001 456/550 Barchettas: $195,000-$225,000, depending on miles. 2002 575 with 20,000 miles: $130,000, 2005 575 with 5,000 miles: $215,000. With so many of these cars on the market, walk away from problems. Newer and lower miles are always better, a detailed service history is essential. For bargain hunters, a roll of the dice on an undocumented car might be a great buy—or a nightmare. A detailed, pre-purchase inspection is mandatory. All these used cars give staggering performance at today's depreciated prices, and the newer the Ferrari, the fewer the problems. But don't fool yourself—owning a Ferrari is the equivalent of having a four-wheeled polo pony, and you don't even want to know what that will cost you. In fact, if you have to ask, just skip to the “Affordable Classic” in this issue and don't look back until you win the lottery. u 2002 Ferrari 575 September 2006 MICHAEL SHEEHAN has been a Ferrari dealer, exotic car broker, and Ferrari Historian for 35 years. He races a Ferrari Daytona in the Ferrari-Maserati Historic Challenge, a 308 in SCCA, and Shifter Kart with his 14-year-old twins. 45

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English Profile 1967 Austin-Healey 3000 Two years ago, $60,000 would have been a good price for this concourswinning BJ8. By waiting, the seller's return increased by more than 50% by Gary Anderson DETAILS Years produced: 1963–67 Number produced: 17,711 Original list price: $3,565 SCM Valuation: $40,000-$80,000 Tune-up/Major service: $450 Distributor cap: $35 Chassis #: Plate on firewall and stamped on right front shock tower Engine #: Stamped on aluminum plate on right side of engine block Clubs: Austin-Healey Club USA 8002 NE Hwy 99, Ste B PMB 424 Vancouver WA, 98665-8813; Austin-Healey Club of America 117 Patricia Avenue Dalton, MA 01226-2046 More: www.healey.org www.healeyclub.org Alternatives: 1961–68 Triumph TR4, TR4A or 1969–76 TR6, 1961–71 Jaguar E-type COMPS T he new Austin-Healey went into production in 1953 and was immediately popular in the U.S. The cars were well-styled, inexpensive, rugged and above all easy to drive, for both the sports car enthusiast who fancied some light competition or just for tooling down to the shops. The early four-cylinder cars were superseded by a six-cylinder model in 1956, appropriately named the 100/ Six, and these stayed in production until 1959, when the engine was enlarged to 2,912 cc, hence the name Healey 3000. These were more powerful and faster, equipped with front disc brakes, and soon gave rise to the legend of the Big Healey. Shortly thereafter, in 1964, came the 3000 MkIII, gen- erally considered to be the finest Healey variant of them all. It was more convertible than roadster, with wind-up windows, excellent soft top, and two-plus-two seating. The cockpit sported a varnished wood dashboard with the traditional sports car array of instruments, a central console between comfortable bucket seats, and well-fitted carpets. This Big Healey was restored to a fastidious level with the prime intent of being a concours winner, and the car has gained much success in the last nine years. Attention to detail includes the correct Lucas battery and even factory advisory tags. The spotless exterior is finished in red, whilst the interior and hood color appear to be stone (despite their “grey” designation per Healey specification). This car features a leather upgrade kit (which was a factory option) in preference to the standard vinyl, and 46 the red wool carpets complete the stylish effect. From 1997 to 2004, this car competed at numerous concours and notable firsts include the 1997 AACA National Fall Meet Senior Award, 1998 Stowe British Invasion concours division, 1998 Gold Level in Austin-Healey Concours Registry, 1999 Amelia Island Concours d'Elegance, and 2004 Greenwich Concours d'Elegance. In addition, it featured in Car Collector Magazine and was used on the cover of the 2006 British Car Calendar. The vendor insists that the car drives as well as it looks and notes that the engine and transmission have less than 1000 miles on them since they were completely rebuilt. As such, he describes the car as a “showcar driver.” Included in the sale are an extra set of painted wire wheels for show, jack, toolkit, and owner's manual, as well as an extensive restoration file. The SCM Analysis: This car sold at Christie's in Greenwich, Connecticut on June 4 for $99,875. What turns you on as a collector? Do you see your 1965 Austin-Healey 3000 Mk III Lot #SP109, S/N HBJ830602 Condition: 3+ Sold at $27,534 RM, Toronto, Canada, 4/7/2006 SCM ID# 41307 classic car as a chariot for back roads, as a racing machine for the track, or as a series of restoration challenges? Perhaps you look forward to afternoons on the concours field where other enthusiasts can appreciate the fruits of your labor, judges can examine your treasure in detail, and you can get a rush from driving over the winners' ramp to receive a best-in-class or best-of-show trophy. The seller of this Healey clearly found his thrills on the concours field. After under- 1965 Austin-Healey 3000 Mk III Lot #174, S/N HBJ8L28163 Condition: 2 Sold at $79,200 RM, Amelia Island, FL, 3/11/2006 SCM ID# 41037 taking a careful restoration, with the requisite attention to detail that it takes to prep a show winner, this owner has shown the car in a variety of marque and general concours events. Over a nine-year period, he has participated in at least five major concours, Sports Car Market Photos: Christie's Images Ltd. 2006

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where he's gained an enviable series of first place awards, including the Austin-Healey Concours Registry Gold Award. But there's no indication of any activities since 2004, and he's clocked fewer than 1,000 miles over the ten years since the restoration, so we can assume that his goal was showing, not driving, the car. He's achieved that goal. Time to move on. Fortunately, he waited two years after retiring the car from the show circuit before putting it up for auction. Two years ago, $60,000 would have been a good price for a concours-winning BJ8, so with a near $100,000 sale, his return nearly doubled. I do like the color combination and trim choice of this car, and can understand why it did well on the auction platform. The “grey” (actually a parchment color) leather interior with red piping is a very rare but completely correct option, and looks great with the red exterior. However, even for the buyer who was looking for an exceptional quality Healey that can be driven and enjoyed, this car was pretty pricey. One of the major restorers estimated recently that given about nine months of time, he could produce a Gold-level concours Healey for around $85,000. And that would have been a fresh restoration with none of the little nicks and issues that would accompany ten years of being pushed in and out of trailers by even the most careful of owners. In addition, given the true replacement value of the car, the buyer may have difficulty insuring this car for an agreed value equal to what he paid. I also would caution the new owner that ten years is a long time for a car to sit without getting much use. I recommend that before he takes it out on the road for a long trip, if that's what he intends to do with it, he put on a fresh set of tires, and new radiator hoses and brake lines, as well as fresh oil, coolant, and brake fluid. It might also be Seat Time Neil Thomas, Beverly Hills, CA: In October 2003, I drove out to Glendale expecting to see a ratty and rusty old Healey after I received a phone call from an old lady looking to sell. What I found was a 51,000mile totally original 1960 Austin-Healey BN7 with no rust and original paint that was shiny after three decades under a cover. I ended up paying $10,500, ordered the tow truck, and took the Healey home. I changed out all the fluids, replaced brake and coolant hoses, clutch and brake cylinders, changed to radial tires, and I was cruising. It was a huge blast to drive for the two and a half years I had it. The torquey twin carb 3-liter six with the electric flick-of-a-switch overdrive 4-speed behind made for some spirited driving. Walter Donaghy, North Kingstown, I bought a 1962 Austin-Healey 3000 in 1965. It was with black lower side panels—a 2+2. It ran great a converted tractor motor: great in a straight line, ter rible in the twisties. It would swap ends in a heartbeat in the wet. It was easy to repair, except it was the year of the triple SUs. It is extremely difficult to balance three SUs. The overdrive tends to crap out when gunk gets into the gearbox, and you burn your leg on the trans mission tunnel in the summer if you're in shorts. Also, as it's got Lucas electricals, it was always a question as to when it would decide to act up. Also not a car to be kept on the streets of the Lower East Side in NYC on a law student's budget! Kent Bain, Fairfield, CT: I am not sure I ever came to grips with the rear suspension, but did manage to hammer some semi-respectable lap times out of the Douglas Wilson-Spratt designed Woosim (sounds awfully personal I'm afraid). My best race in #83, pictured above, occurred at the Jefferson in the mid-'90s against Bob Akin in his well-prepared Lotus Elite. We had a great time on track battling it out for a full hour, then he came over after the race very impressed with the 1965 WSM Healey 3000's aerodynamics as evidenced by its speed at the end of the straight (with less hp than he had in his Elite), and its agility in the tight stuff. u useful to have a mechanic go over the car to make sure everything is lubed, functional, tight, and correct. Once that's done, this will be a car to use with confi- dence and to continue to display with pride, and the fact that the proud owner paid a bit too much for it will likely be quickly forgotten.u GARY ANDERSON is the founding editor of MC2 , the new MINI magazine, three-time participant in Monterey Historic Automobile Races, and has trophied at several prestigious concours. September 2006 47

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English Patient Gary Anderson You're Slow and I'm Not Even creator Frank Nichols said, ‘The ideal customer should have a waterproof head and a pneumatic bum' T he story of the Elva is sadly typical of so many other defunct British marques: Racer builds successful one-off, other racers line up to order copies, racer es- tablishes company to produce them. American importer persuades him to build export models then defaults on financial commitment, driving racer into receivership. Marque is sold to another company, which loses interest and production stops, but the survivors soldier on. Cottage industry has always played an im- portant role in British automotive manufacturing, explaining why there are so many obscure marques for serious enthusiasts to follow. Elva, one of the most interesting, was developed by Frank Nichols in 1955 and manufactured by a succession of companies until it ceased production in 1966. Nichols and his successors produced sports racers, Formula Juniors, and even a few F1 contenders, but the name is best known in this country for the Elva Courier—nominally a street car—but mostly seen in significant numbers at vintage racing events. DEAD BUT IT WON'T LIE DOWN For Frank Nichols and Elva (the name came from Nichols condensing the French “elle va” or “she goes”), this story was played out between 1955 and 1965, though a small number of cars bearing the green triangle nameplate were produced through 1969. As a tribute to Nichols's efforts and inspiration, there is still an active company, Elva Racing Components Ltd. (www.elva.com) in England, helping the loyal band of owners maintain their cars. They still run at the front of the small-bore production grids at nearly every vintage race meeting. Nichols was a small town grocer in Sussex on England's south coast who became a car dealer and weekend club racer. Sales of a tuning kit he and his mechanic developed for the British Ford 1,172-cc engine provided funds for development of a prototype sports racer to showcase the OHV conversion. QUIT RACING TO BUILD CARS An accident with the prototype ended his own racing activities, but Nichols had orders in hand for copies of the race car. So he formed Elva Engineering Co. Ltd. in Bexhill-on-Sea in 1955 to build the Elva Mark 1. The Mark I was built of fiberglass panels pulled from the aluminum prototype, hung on a simple ladder chassis with Standard suspension parts and powered by the modified Ford engine. A Mark IB version switched to a wishbone front suspension and the Mark II incorporated a De Dion rear end in a space frame. 48 Elva: Designed for competition and daily driving One example of the Mark IB did well in U.S. racing, attracting the attention of Walter Dickerson, owner of Continental Motors in Washington, D.C. Dickerson convinced Nichols that there was a ready market in the United States for a street-legal version of the car. In response, Nichols opened a larger factory in nearby Hastings and introduced the Elva Courier in 1958. It retained the fiberglass body but incorporated headlamps, bumpers, a full windshield and rudimentary weather gear, and a small trunk. For simplicity in production and economy, the Courier reverted to a ladder frame, and used Triumph suspension parts, Armstrong shocks, and the BMC 1,498-cc B-series engine from the MGA. Road & Track described the Courier's ride as “definitely firm.” As far as being usable as a daily driver, even Nichols himself said, “The Courier was conceived as a car for the road which could also take part in competitions, but the ideal customer should have a waterproof head and a pneumatic bum.” SCALDINGLY FAST FOR ITS CLASS Nevertheless, weighing 500 lbs less than the MGA, the Elva was scaldingly fast for its class. Though both cars maxed out at 98 mph, the Elva could get to 60 in about nine seconds—two seconds faster than the MGA—giving it a significant advantage on every reasonably straight portion of the track. When MGA went to the 1,600- and then 1,622-cc engines, Elva followed suit, maintaining its popularity in SCCA racing circles. Elva also sold a competition model with a 1,100-cc Coventry Climax engine and 130 mph top speed. One-armed Archie Scott-Brown set a class record at Brands Hatch and won several events in the U.S. By 1961, 400 examples had been sold, nearly all in the United States, and Nichols was employing 75 people at his plant. Things couldn't be better. But they could and did get worse. Dickerson couldn't pay for the cars he had received or had on order, Nichols couldn't meet his bills, and he was forced into receivership. Ultimately, Dickerson went to jail for his business practices, but sadly he took Nichols down with him. Nichols declared bankruptcy and sold out. Trojan of Croydon in South London was a manufacturer of three-wheeled vehicles and bubble cars; it picked up the Elva marque, the molds, and the business. Sports Car Market Elva Racing Components Ltd

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Nichols continued to be involved in race cars, as a consultant to Trojan and an independent producer of sports racers and Formula Juniors. Trojan refined the amenities of the Courier, and introduced the Mark III in 1962 with a redesigned chassis, offering both the roadster and two different coupe body styles, powered by MGA, MGB, or Ford 1,500-cc engines. This was followed by the T-type with fully independent suspension, which claimed to be the only roadster selling for under £1,000 capable of over 100 mph. Nevertheless, Trojan lost interest in the Elva, bowing out in 1965. But the marque was not dead yet, and a third com- pany—Ken Sheppard's Customised Sports Cars—took over production of the T-types, producing 38 more cars and a handful of Couriers for export. WELCOME AT MAJOR VINTAGE EVENTS No one would ever pretend that the Couriers are com- parable to MGAs and Triumphs as street cars, even for hobby use. But for vintage racing, with their easily maintained engines and chassis and lightweight and practical fiberglass bodies, they continue to be very popular. In addition, Couriers with correct period equipment are welcome at major vintage events, including the Monterey Historics. Several specialists in the United States, such as Butch Gilbert of Westley, California, help owners maintain their cars, and Elva Racing Components Ltd in England provides an international clearing house for parts, information, and activities. When Couriers do appear on the market, prices range Welcome at vintage events everywhere from $25,000 to $40,000, depending on the car's condition and racing record, making the car a good entry-level vintage racer that will challenge a driver's development for many years. All in all, this is a rare marque, typical of small-production English sports cars in many respects, but one that continues to soldier on to the delight of its dedicated owners. In other words, Elva as a company may be dead, but on tracks throughout the world, it lives on as a typically British amalgamation of production and custom bits that have claimed, and continued to claim, many chequered flags.u September 2006 49

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Etceterini & Friends Profile M3A1 Stuart Light Tank British troops called the gasoline-powered American tanks ‘Ronsons.' Like the cigarette lighter slogan of the day, they ‘lit the first time when struck' By Stuart Lenzke and B. Mitchell Carlson DETAILS Years produced: 1942–43 Number produced: 4,410 SCM Valuation: $25,000–$40,000 Tune-up/major service: Contact your local army base Distributor cap: N/A, Magneto ignition Distributor cap: $11 Chassis #: Dataplate rivited to the inside bulkhead,to the left of the driver's postion Engine #: Dataplate screwed to the front of the engine block, at approximately the 6 o'clock position Club: Military Vehicle Preservation Association (MVPA), P.O. Box 520378, Independence, MO 64052-0378 Website: www.mvpa.org Alternatives: 1941–45 White/Autocar M3 or International Harvester M5 half-tracks, White M3A scout car SCM Investment Grade: C COMPS T he catalog description for the M3 Stuart light tank was sparse but pithy. Manufacturer: American Car & Foundry Co., U.S.A. Crew: Four. Engine: Continental W- 670-9A; 7-cyl. engine. Length: 450cm. Width: 246cm. Height: 230cm. Approx. Weight: 14.25 tons. Armament: One 37mm gun. Two replica 30-inch machine guns The SCM analysis: This tank sold for $34,339 at the Bonhams Melbourne Tank Museum sale in Australia on April 23, 2006. The M3A1 Stuart was built by the American Car & Foundry Company, and this was one of 4,410 produced between May 1942 and February 1943. As tanks go, it's a lightweight, but the pickings were mighty slim for the allies at the start of WWII. America in the late 1930s was still in an economic depression, and funding for military equipment was nonexistent. The U.S. armored stock consisted of two pairs of simi- lar vehicles; the M2A2 and M2A3 light tanks, armed with two machine guns in two separate turrets, used by the infantry, and the twin machine gun/single turret M1 and M1A1 “combat cars” used by the cavalry. These evolved 50 into the 37mm cannon armed M2A4, and later M3, M3A1, M5, and M5A1 light tanks. By 1941, the British Army in North Africa was being pushed eastward by the armored fist of the German Afrika Korps. In dire need of anything tank-like, the Brits threw their new American M3 tanks into battle in November of 1941. The British Army was delighted with the reliable (compared to their own tanks—sound familiar?) though short-ranged, and poorly armed and armored, M3s. The M3s were able to sustain 20–30 mph while British tanks were doing well to average 10–20 mph. There was just one small problem: fire. In the in- 1944 General Chaffee M24 Lot #43 terests of fuel allocations, the U.S. Navy received the diesel fuel, and the Army got gasoline. Thin armor and flammable fuel, combined with German 75, 88, and 128mm anti-tank guns, made for unpleasantly predictable results. The Brits called the American tanks “Ronsons” because, like the cigarette lighter slogan of the day, they “lit the first time when struck.” It was also the British who started naming American tanks for, originally, American Civil War generals. The first of these was the M3, for the Confederate general J.E.B. Condition: 5Sold at $29,663 Bonhams & Goodman, Melbourne, AUS, 4/23/2006 SCM ID# 41551 Sports Car Market 1940 Vulcan Foundry Matilda Mk I Lot #261 Condition: 6 Sold at $21,188 Bonhams & Goodman, Melbourne, AUS, 4/23/2006 SCM ID# 41646d

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of Alcohol, Tobacco, and Firearms. Since 9/11, importing military vehicles has been far from easy, even if they are decommissioned and historical. (Editor's note: It strikes me as somewhat unlikely that someone bent on performing an evil deed in the U.S. would import a Stuart Light Tank as their implement of destruction.) Dealing with an experienced importation company is a must, to see if you can even bring your new toy home in the first place. Of course, the 37mm and the ancillary M1919A5 Browning machine guns must be rendered permanently inoperable. On the plus side, antifreeze costs will be nil as the engine is air-cooled. Additionally, club support is quite good, as the Military Vehicle Preservation Association (MVPA) and its numerous state and international chapters are all quite appreciative of all types of mil-spec equipment. Relatively speaking, parts support isn't too bad either. Through the MVPA, you can get in touch with suppliers who won't call Homeland Security if you ask for a set of rubberized tracks (a must for driving a tracked vehicle on asphalt) and will provide tech support if you can't find it in any of the reproduced Army Tech Manuals on the Stuart. But a Stuart is (relatively) as cheap as you can get, as tanks go. While You too can own a piece of military history Stuart. M3s were more commonly known to the Brits as “Honeys,” due to their pleasant qualities. Hard lessons learned by the Poles, British, and French who were steamrollered by invading German armies in 1939/40 took time to percolate through the American military. The Stuart was the only U.S. tank available until the M3 Lee/Grant medium tanks entered British North African service in May 1942. And these didn't represent much progress. They were awkward, with the main 75mm cannon fixed in the hull, requiring the entire tank be moved to aim the gun. Lee/ Grant tanks served in first-line units until the arrival of the M4 Sherman, with a turret-mounted main cannon. As more powerful tanks entered Allied service, Stuarts were relegated to the scouting/recon role, serving in that capacity until the 75mm cannon-armed M24 Chaffee light tank began to replace them late in 1944. If you develop a hankering for heavy metal, a Stuart is a good start. Fairly compact as armor goes, at under eight feet wide, it will fit through a standard garage door—as long as the door is at least eight feet high as well. Lengthwise, at just under 15 feet, it's the same length as a 1997 Corvette. Weight, on the other hand, is 28,500 lbs. That's 14.25 tons. If you wish to trailer it, you'd better have both a stout trailer and tow vehicle, or cultivate your local highway department or construction company, plus hold a Commercial Driver's License. Fuel and economy are mutually exclusive with any armor, especially when you are feeding a 668-ci, sevencylinder Wright/Continental aircraft radial engine rated at 250 hp. Onboard fuel tankage of 56 gallons will get you about 70 miles, with a maximum speed around 36 mph. You won't be seeing those kinds of speeds on the highway, as several states (most recently Kansas) will not license a fully-tracked armored vehicle for highway usage. At best, you'll become your local VFW post's best buddy when it's time to muster vehicles for the annual Veteran's Day parade. Perhaps the messiest issue on this vehicle is that it would have to clear U.S. Customs if shipped here. They will be pussycats compared to dealing with the Bureau September 2006 Prisco cuts 'er loose our example sold at the higher end of what's generally agreed to be the market, with some research, you can find running examples without major needs starting at the $25,000 region. So, if you think that a WWII-era Ford GPW/ Willys MB is too diminutive and you're hankering for an underappreciated (albeit large) piece of American, British, and Australian history from our finest hour, a Stuart might be your cup of tea.u STUART LENZKE volunteered to collect military vehicles after seeing “The Battle of the Bulge” (when very young) and trained as a tank commander through the sunroof of his dad's '59 356A Porsche. The retired USAF NCO lives in North Dakota where he has room for a 1942 Ford GPW 1/4t truck, but has a WWII Studebaker US6x4 on layaway. B. MITCHELL CARLSON, also an Air Force veteran, has been reporting on the collector car auction scene for a multitude of publications since 1990. Seat Time Ed Prisco, SCM Advertising Sales Rep, Portland, OR: When I signed my Army enlistment papers in 1989, I had no idea that our government would entrust an 18-year-old with a 50,000-lb, $3.2 million vehicle. I drove various mechanized machinery in the military, but spent the most time in the M2A3 Bradley Fighting Vehicle. This is not simply a “battle taxi.” So what do you get for your $3.2 million? The Bradley is actually very responsive, with a top speed of 45 mph. Depending on the terrain, you can reach that speed in as little as two minutes. Braking is a little spotty—you really need to step on the brakes, sometimes with both feet and all the strength that you can muster, to come to a complete stop. Steering can be a challenge, too. You have to plan your next turn way in advance. It takes a lot of time behind the wheel to become efficient at this. Many German curbs were destroyed as I fine-tuned my maneuverability skills. And for you Amphicar enthusiasts, it actually floats! The Bradley comes equipped with a bladder that is erected prior to going into the water. I wouldn't water ski behind it, but it will go across rivers and small lakes with ease, mainly in a straight line. Overall, the Bradley is a vehicle that I would recommend, though it is definitely not a commuter. It will hold one driver, two in the turret to navigate and fire, and six infantry in the back. I wonder if the minivan evolved from this? 51

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German Profile 1987 Porsche 911 Turbo Coupe Porsche street cars had a very strong reputation for excellent durability— Turbos broke that rule by Jim Schrager DETAILS 1987 Porsche 911 Turbo Coupe Year produced: 1976–89 (original body style) Number produced: 23,217 (Coupes, Targas, and Cabrios) Original list price: Base: $48,000 (1986 Coupe) SCM Valuation: $20,000–$30,000 Tune-up/Major service: $700 Distributor Cap: $35 Chassis #: On horizontal bulkhead under front hood Engine #: Stamped into alloy engine block near right side of cooling fan Club: Porsche Club of America 5530 Edgemont Dr. Alexandria, VA 22310 More: www.pca.org Alternatives: 1991–92 BMW V12 850i, 1985–91 Ferrari Testarossa, 1988–95 Lotus Esprit Turbo COMPS I n order to compete against bigger-engined rivals, Porsche homologated the type 934 race car in 1974 and embarked on an entirely new phase in race car development. As word spread about the incredible performance, the initial run of 500 cars disappeared like Houdini. They made another 800 that year, yet didn't satisfy the demand. Porsche transferred the lessons learned from their turbocharged race engine to a 3-liter, heavily reinforced version of the light-alloy flat six, and inadvertently discovered they could sell lots of cars in the supercar league. It was introduced to the U.S. as the Turbo Carrera in 1976 and was up-rated in 1978 to a 3.3-liter intercooled monster that could do 0–60 in five seconds with a top speed of 165 mph. From 1978 on it was called simply the Turbo, but emission control requirements forced it to leave the U.S. market after 1979. Europeans continued to enjoy the car, and so did American buyers by way of the gray market. It took a while for the factory to realize that the flagship frontengined, water-cooled 928 was not the car U.S. Porsche enthusiasts wanted. In 1986, the Turbo was reintroduced into the American market and sold more than 1,400 copies. It was much the same package as before, although the emission controls applied to the U.S. version made it a bit 52 slower than the 1979 Turbo. That didn't seem to matter, as there were few cars that could outrun a Turbo in 1986. Not much has changed 20 years later. This car was a U.S.-delivery model, purchased new in Columbus, Ohio, with special order coral paint, an interior trimmed in oxblood leather, and fully optioned with factory alarm system, AM/FM Blaupunkt, CD player, air conditioning, cruise control, power locks, mirrors, seats, windows, rear window defroster, and tinted glass. The car was later sold to a Colorado resident and was a part of his private collection for many years. It has just had a full inspection and service com- pleted by 9 Lives Racing of Denver and has no known mechanical flaws. It is in immaculate condition with not a chip or dent to be found, and is complete with tools, books, and records from new. This Porsche is very near the top of the supercar league, and will be willing to take you wherever you want to go. The SCM Analysis: This sharp 911 Turbo sold for 1986 Porsche 930 Turbo Lot #734.1, S/N WP0JB093CGS0433 Condition: 1Sold at $54,000 Barrett-Jackson, Scottsdale, AZ, 1/14/2006 SCM ID# 40374 1986 Porsche 930 Turbo Lot #1029, S/N WPOJB093XGS05768 Condition: 3+ Sold at $34,560 $36,500 at the Worldwide Auction, Houston, TX on May 6, just a bit above the low estimate of $35,000– $40,000. I judge this to be fair to both buyer and seller, and indicative of a modest turn-around in Turbo prices. Turbos have long been the unwanted stepchild of the used 911 market. Even when Kruse, Ft. Lauderdale, FL, 1/6/2006 SCM ID# 40232 just a few years old, Turbos would sit unsold on exotic car dealers' lots for months, collecting dust. I can remember visiting Fantasy Junction in the mid-'80s, when Turbos Sports Car Market Photos: The Worldwide Group

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The car here looks very nice, although I don't prefer the later wheels to the correct period Fuchs. Among hardcore Turbo fans, most would rather have either the 1979 or the 1989 models. The 1979 models are generally the best running of the original body design, and the 1989 ones have a properly strengthened 5-speed transmission. Given the serious amounts of Turbo lag all these early cars have, the 5-speed makes a nice difference. But then, the 4-speed cars are already so fast, I've never quite understood where anyone can really use all this straightline acceleration. Assuming the mechanicals are as represented, the price paid was market correct. However, there were many Turbos made, and this has been a very quiet market for the last three decades. Do we have a turn-around in values here, or are Turbos just benefiting from the general up-trend in vintage Porsche values? Only time will tell; but do note that Porsche Turbos of all flavors will never be rare, with over 23,000 cars produced to date...and still counting.u JIM SCHRAGER wrote Buying, Driving, and Enjoying the Porsche 356, delivered three Tech Sessions on vintage Porsche values, and writes for Excellence Magazine, Porsche Panorama, and the 356 Registry in addition to SCM. He is finishing his latest book on the early 911, due in late 2007. were no longer being officially being brought into the U.S., and watching ones on consignment there hang around often for years before finding a new home. As Porsche's great supercar, I just couldn't understand why no one was interested. It wasn't that the price was high—they were all asking well under new-car prices and all were “open to offers.” Part of the problem was that many new Turbos in the late '70s were “kept” cars with low or no mileage. This is a problem for a Turbo. They need to be driven regularly, as does any Porsche, but the Turbos more than most. The seals that keep oil out of the intake tract on the turbocharger have to exist at super-hot temps and superhigh revs. Driving your car regularly keeps the tips of the seals lubricated. Letting it sit for months or years doesn't. Many turbos in the original cars were replaced simply because they weren't used frequently enough. So while that seller was bragging about how perfect the car was with low miles, many owners have discovered how expensive it is not to drive their Turbo. Remember that, among the cognoscenti, Porsche street cars have a very strong reputation for excellent durability. Turbos broke that rule. Then there were the rumors of extreme undrivability, fanned by over-excited and inexperienced automotive writers more interested in selling magazines than understanding what they were driving. It did make for a great story: “Porsche Turbo tosses itself backward off the road while turning into McDonald's at 15 mph.” But mostly it was a bunch of nonsense. Yes, the power comes on fast, and yes, there is loads of turbo lag, and yes, if you are drunk and stupid, it will bite you. But unsafe? No. The rumors of turbo lag were not fiction, and if you drive a 4-speed Turbo (1976–88) back-to-back with a good 5-speed 911SC (1978–83) the normally aspirated SC will feel faster in all situations except foot-to-thefloor top-fuel-dragster acceleration runs. This made the Turbo a one-trick pony, well in contravention of the multi-purpose nature of most other 911s. September 2006 Seat Time Sam Moultrie, Keller, TX: My 1976 930 Turbo Porsche is a Euro model less than 100 serial numbers away from the racing RSRs of 1976. Because of this I decided to do an all-metal conversion to my 1976 930 to look like the racing version of this car. The early 930s need serious upgrades to make the car drivable for the non-racing expert. The brakes are terrible in relation to the power. They lack a brake booster and an intercooler. Dilavar, the original material for the head studs, had a different expansion rate than the head, and after a number of heat cycles the exhaust studs tend to weaken and break. Moultrie's Euro model The car has a “wow” factor that is unbelievable. The car's reliability (after head studs replacement) and timeless design make it the favorite of all my cars. The car is simply a joy to drive and own. Ron Sable, Tucson, AZ: I have a 1988 930 Turbo, Guards Red/black, with 25,700 miles. After a year long search, I bought it from Steve Ooley and John Blackburn at Ooley and Blackburn in Carmel, Indiana. I could not be more pleased—the car is as advertised and then some. While the 4-speed transmission begs for the G50, with enough revs it works fine. The car is original equipment, with the exception of the four-pipe Borla symphony. I may never turn the radio on. It has no scratches, dings, or swirls in the paint and looks like it just came from the factory. So “AFTRBRNR” joins our '97 Boxster in the garage. Sable's AFTRBRNR Andy Boone, Dallas, TX: I bought a '76 Turbo back in 1980. The first owner had shimmed the wastegate so it was a pretty serious ride. The problem was oil temp. The aftermarket “trombone” cooler just delayed the temperature rise, so after fighting it for a year or more I put a DP valence and full race cooler on the front end. Presto! No more oil temp problems. Boone poses with his Turbo It was lowered, shimmed, and looked killer. Roll-ons were my specialty, so the Turbo could spool. Eventually the manifold got eaten from heat so I replaced them with stainless fabbed units. It still is the street car that felt closest to any of my race cars and I miss it.u 53

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Porsche Gespräch Jim Schrager Four Porsche Bargains at Honda Prices Zuffenhausen fun can be easy to justify; do your homework and don't wait too long W Porsche Gespräch / Jim Schrager ith almost every 356 Speedster crossing the $100,000 mark these days, you wouldn't think you could have much fun for 75% off that price. But you can, in several different ways. Take your choice between a genuine vintage experience in the 356 world, entry level in the fast-moving early 911 scene, a thrilling ride in the legendary 911 Turbo, or an all-conquering, all-weather, all-wheel drive Carrera 4. They're all there, waiting for you to make up your mind. VINTAGE ADVANTAGE If you like distinctive, simple cars, then a 1962–63 356 B Coupe can still be found at the top of this range. It will deliver the most pure fun and exclusivity for the money. You won't find a mint original car at this price, or even a perfectly restored show winner. But you can buy a very nice driver with no major flaws. Properly set up, these remain entertaining to drive and draw stares wherever they go. A good 356 represents what Porsches are really all about, and that is having fun on your way to work. They exemplify why driving a slow car fast can be more fun than driving a fast car slow. Key issues: No rust, good or better cosmetics, a car that drives well. Matching numbers not a requirement. IDEAL 911 CAN BE ‘T' FOR 2 If you want to get a car with a much larger performance envelope, and one that hasn't been run into the ground and born-again (as has happened to so many 356s), then a 911T from 1969–73 is an ideal purchase in today's rapidly appreciating early 911 market. Don't scoff at the 911T; the market is quickly discov- ering that Porsche never made a bad 911. I have driven and owned Ts which are perfectly delightful, with unfussy engines and broad torque bands. For $25,000 you can still find a fantastic car, such as the 1973 1/2 911T Targa I saw at the Stoddard Swap Meet in Cleveland, Ohio. It was Light Ivory with black vinyl, 37,000 claimed miles from new, and while not perfect, it was very nice. At a $24,000 asking price, it represented an excellent example of a 911 that can provide loads of pleasure for the money. These cars are appreciating strongly in today's market 1962 356B and will surprise you with their performance and fun factor. Not as distinctive as a 356, but faster and easier to keep on the road. This car was also a Targa, so you'd get all the fun of open-air motoring at no extra charge. Key issues: No rust, pretty paint, updated chain tensioners. Matching numbers a requirement for good value on resale. A WHALE OF A GOOD TIME If you like outrageous rather than subtle, then an early 911 Turbo, 1976–78, may be just the car to ring your chimes. These have finally gained a bit of strength in the market, but you can find a very nice example at the top of our $25,000 range. When looking for a good car, don't be too choosy about the year, but be selective about condition and maintenance records. Unlike the non-boosted 911s, Turbos are a major handful when it comes to deferred maintenance. These are all galvanized, so rust shouldn't be a problem, but body damage and modifications are always negatives. The first two years of Turbos are the lightest but have the smaller 3-liter engines. However, they are still silly fast. In 1978, the engine grew to 3.3 liters but got heavier as well. Best of the early cars are the 1979 models, but good ones may have slipped out of our price range. Don't expect to find the same fun-to-drive factor as in a 356 or early 911. These are not 1973 911T 54 1977 911 Turbo Sports Car Market

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light, tossable, cars; they are earth-bound guided missiles meant for serious triple-digit speeds on the racetrack or autobahn. Significant compromises for everyday use are part of the package. Live with that or forget it. Of the four cars in this column, it is the Turbo that cre- ates the most Porsche envy among unschooled fans. Those sinuous rear flares, the outsized whale tail, and visions of moon-shot acceleration make for an unequalled package of wildly imagined roller-coaster thrills. The reality is a bit different, but that's okay for many Turbo owners. It's the sizzle that counts. Key issues: Good cosmetics, clearly understood maintenance history, numbers must match. SUBLIME STREET SLEEPER If you want the best street performance your $25,000 can possibly buy, against all kinds of weather and on any type of roadway, then a 1992–93 Carrera 4 is the car for you. Badly maligned due to the flaws in the 1989–91 type 964 C2/C4 cars, the later C4 models are in fact outstanding performance machines. The 3.6-liter engines remain a benchmark for air-cooled 911 aficionados, and are widely used as the base for highoutput Porsche hot rods. Even if you've owned lesser 911s before, you'll be pleasantly surprised by the stock Carrera 4's strong rush of power in all parts of the power curve. And if that's not enough, you also have the first non- torsion bar suspension, along with the final tweaks to the original 911 body design before the 993 rendered it almost 1992 Porsche Carrera 4 unrecognizable. Don't get me wrong, these aren't the next 356 Speedsters and won't be selling for $100,000 next year. But they have hit bottom in the low twenties and are holding firm as they are discovered as a true performance bargain. Key issue: Excellent service records. These cars shouldn't rust, but are complicated and must be purchased subject to a complete inspection by a good shop. One small issue, as an example: Make sure the rubber belts for the twin-plug distributors have been properly serviced. As you see, $25,000 can still buy a great Porsche. Enjoy the choice while you can; in today's rising market, these prices won't last forever.u September 2006 55

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American Profile 1969 Pontiac Trans Am Ram Air III If missing the original Ram Air hood and Ram Air air cleaner parts, you are looking at spending $10,000–$15,000 if you can find the right originals by Colin Comer DETAILS Years produced: 1969 Number produced: 697 Original list price: $3,556 SCM Valuation: $55,000–$75,000 (+75% for RAIV) Tune-up/Major service: $150 Distributor cap: $15, on sale, $7.99 Chassis #: Left side of dash, visible through windshield Engine #: Right front of engine block, above oil pan rail and next to timing cover—partial VIN Club: www.firebirdtaclub.com More: www.classicalpontiac.com Alternatives: Plymouth AAR ‘Cuda; 1967–69 Chevrolet Camaro Z/28; 1970 Dodge Challenger T/A SCM Investment grade: B COMPS I n March of 1969, Pontiac released a little publicized option package, the Trans Am Performance and Appearance Package. Only two ads were published, one in Road and Track and another in Motor Trend. The Trans Am was conceived to campaign in the SCCA's road racing series. Pontiac paid a $5 license fee to SCCA for each T/A sold. This fee continued to be paid through 2002 models. The Pontiac Firebird Trans Am has long been regarded as the performance icon of the “pony cars.” This Trans Am retains the original matching 400-ci motor with an automatic transmission. Options include a factory AM radio, power steering, power brakes, and sport wood steering wheel. A fresh suspension has been installed, along with a Positraction differential, all new brakes, lines, and springs. The Ram Air components have been serviced to insure proper functionality. Included with the purchase is much factory paperwork, original books, manuals, and keys. Full documentation of the refurbishment is also available, showing $15,000 in recent receipts. This first-year Trans Am was purchased new in Farmington, New Mexico. The current owner is only the second person to hold title. The only repaint was completed by the original owner. As this is one of only 114 Ram Air III Trans Am Coupes with an automatic transmission, the new owner can rest assured that it is one of the lowest production and most sought-after muscle cars to exist today. The SCM Analysis: This 1969 Trans Am sold for $77,000 at the Worldwide Auction in Houston on May 6. 56 The original Trans Am was a late 1969 model year introduction, first available for sale in April of 1969 as a $724.60 option to the base Firebird. All were white with twin blue stripes across the hood, roof, and rear deck, a blue tail panel, functional ram air hood, 60” rear air foil, and fitted with non-functional “air extraction” scoops on the front fenders. It was a fantastic-looking package, and not the screaming-chicken, bloated “Smokey and the Bandit” second-generation examples most people envision when you mention Pontiac Trans Am. More importantly, the 1969 Trans Am was engineered as a complete package, with suspension upgrades and engineering done by the legendary Herb Adams, factory engineer at the time. There is something to be said about the purity of an original design, and while later Trans Ams are fine cars, none captures the look and feel of the original 1969 version. However, contrary to the auction catalog, the 1969 1969 Pontiac Trans Am Lot # 395, S/N 223379N104523 Condition: 3 Sold at $106,920 Barrett-Jackson, Scottsdale, AZ, 1/14/2006 SCM ID# 40345 1969 Pontiac Trans Am Lot # 1023, 22337PN106695 Condition: 1 Sold at $113,400 Barrett-Jackson, Scottsdale, AZ, 1/14/2006 SCM ID# 40320 Trans Am has not been long regarded as the performance icon of the pony car world. In fact, they have been somewhat overlooked in the market, in spite of the extremely low production of just 697 cars (eight of which are ultra-rare convertibles). Chalk this up to a serious blunder by Pontiac, in which the original Trans Am was supposed to go to market with a 303-ci Pontiac V8 which suffered serious developmental problems and never saw production. In its place, Pontiac transplanted two versions of its 400-ci V8, thereby making the Trans Am ineligible for the race series it was named after. So much for “Win on Sunday, Sell on Monday.” The Trans Am's cousin, the Camaro Z/28, with its 302-ci engine, was raced quite successfully in the Trans Am series, bolstering its sales substantially. Jerry Titus, per- Sports Car Market The Worldwide Group

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haps the most successful driver to field Pontiac Firebirds, cited numerous developmental problems with the Pontiac race program that never seemed to get sorted out. In the production 1969 Trans Ams, the tried and true 400-ci Ram Air III engine (code L74) was standard equipment, and the mighty Ram Air IV (code L67) was an option. Only 55 coupes were produced with the RAIV engine, 46 being 4-speeds and nine with automatics. The base RAIII engine was fitted to 520 coupes with manual transmissions, 114 coupes with automatics, and all eight convertibles, split evenly as four manuals and four automatics. While the RAIII was a very tractable engine well suited for daily driving, the RAIV, with its huge “round port” cylinder heads, aggressive camshaft, forged high compression pistons, and free-flowing cast exhaust headers, was really too much engine to lope around town. The Ram Air III example sold above appears to be a solid car sold right in the price range I would expect. However, the auction description concerns me, as it does not inspire confidence in regards to the originality of the car. For example, “original matching 400-ci motor with an automatic transmission” doesn't clearly spell out that the car has its original “numbers matching” engine and transmission. Or, “A fresh suspension has been installed along with a Positraction differential”? Since a Positraction differential was standard, why would one need to be installed? I have not examined this car personally, so cannot verify whether my concerns are justified. This may be a fine example with a poorly written auction description. The problem with 1969 T/As is the scarcity of special one-year-only items, plus the ease with which these cars can be cloned. For example, if missing the original Ram Air hood and Ram Air air cleaner pans, you are looking at spending at least $10,000–$15,000 to correct, IF you can find these original items. A proper carburetor for a 4-speed car is a $3,000 part these days. Various Trans Am web sites and books will show you what to look for to verify a real '69 T/A and real '69 T/A parts. The bottom line is the same for any low-production specialty car: Research the car and carefully inspect the one you intend to buy. It is easy to see how buying the “wrong” '69 Trans Am for a slightly below market price is no bargain, given the expense of making one correct when missing key original components. Recent sales of RAIII automatic coupes have been in the $70,000—$100,000 range. A 4-speed coupe in similar condition is easily worth another 25%, in spite of being produced in far greater numbers than the automatic versions. Should you stumble upon a RAIV coupe, expect to pay double what a RAIII car is worth. And, for the most expensive hair dryer in the Pontiac world, get ready to stroke a check for right around a million bucks for one of the eight convertibles produced, if one should hit the market. If the subject example checks out as a legitimate numbers-matching car with all the right bits and pieces, this was a great deal for the buyer. I see a lot of upside in a good '69 Trans Am, and I would expect them to appreciate ahead of the market. The '69 Trans Am is an exclusive, visually appealing, and usable example of the great homologation specials that rolled out of Detroit in the 1960s. No decal remover, silk shirt, or gold chain required.u COLIN COMER has restored ma ny award-winning cars; he is a certified master technician and muscle car authority; and he owns Colin's Classic Automobiles. September 2006 57

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Domestic Affairs Colin Comer SCM's 'Vette Gets a Wish List Tricks like stroker crankshafts, roller cams, and special valvetrain components make it easy to get big horsepower out of a small block Wanted: Power, comfort, and reliability W hen I decoded the SCM 1963 Split-Window Corvette, I suggested to Editor Martin that he might make his beloved 'Vette more than just a great-looking car that even he describes as “tedious and stupid” on the freeway in its present configuration, especially with the buzzy 4.11 rear end. As discovered in the decode, the car is not a numbers- matching example, and is currently fitted with a ticking time bomb of various Chevy small-block components sourced from over a 40-year period. I knew it was only a matter of time before Martin phoned and asked that allimportant question: “Colin, what would you do if this was your 'Vette?” VISIONS OF RELIABILITY Martin confided in me that he has visions of enduring long-distance road rallies and tours in the car, and perhaps even shipping it to Europe to run in the regularity sections of events like the Modena Cento Ore Classic and the Tour Auto. As Chevy mechanics are a little harder to find at the European AGIP stations, my goals were reliability, performance, and a modicum of comfort. Is such a thing possible in a 43-year-old Corvette? You bet. As it appears to be an original 327-ci/340-hp car (with an artificial heart implant from a mechanical baboon), the first order of business is to make it look correct under the hood. While not crucial, I would use a proper casting number and date-coded 327/340 block as the basis of the upgrade. Any rebuildable era-correct block would work, per- haps even the one currently fitted. Take the block of choice along with a pair of original 340-hp heads (easily sourced 58 through Corvette parts specialists or ads in Hemmings Motor News) and the original 340hp aluminum intake manifold on the car now to a reputable engine builder. Emphasis on the word reputable. I would also get the appropriate 340-hp Holley carb and correct distributor. There are lots of choices when rebuilding a small block Chevy, and the direction I would go is a strong, dependable engine with good “grunt” and around 350 real horsepower. Technology has advanced to where tricks abound to get big horsepower and make it user-friendly with items like stroker crankshafts, roller cams, and special valvetrain components. MINIMAL TEETHING ISSUES For the SCM 'Vette, I recommend a nice 9.5:1 or so compression “pump gas” motor, which any good engine shop can build and test and tune on an engine dyno. Another must is an electronic ignition conversion to eliminate the points in the stock distributor—see www.pertronix.com for one example. All these things will lead to a nice plug-and-play installation with minimal teething issues. Along those lines, an upgrade to a high-efficiency radiator, a new high-torque starter and a high-output alternator are worthy moves. Before the motor goes in, it should be dressed and detailed to look bone stock, using the right ignition shielding, air cleaner, and all bolt-on components including correct 340-hp exhaust manifolds leading to a good exhaust system. This will consume around $15,000 of Martin's money, with the engine done, detailed, and in the car. Next is the most radical modification I will suggest—a Tremec T-5 five-speed trans- mission in place of the original T-10 four-speed. This is a completely bolt-in affair with no cutting or hacking required. One of the best-engineered kits I have seen is sold by Keisler Auto. Their “PerfectFit” conversion kit comes complete with everything needed to do the conversion, including a new driveshaft, stock-look shift lever, all hardware, and complete instructions. The kit retails for $3,000. See www.keislerauto.com. 5-SPEED AND HIGHER GEARING To take advantage of this overdrive transmission, we also need to change the existing rear end. Because the T-5 has much steeper gears in first through third than the T-10, keeping the current 4.11 gear in place would give the equivalent acceleration of a T-10 with Sports Car Market

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a 5.32 final drive. It might be fun if you had a stump removal business but is otherwise ridiculous. Currently, 3,500 rpm in the direct drive fourth gear of the T-10 equals a cruising speed of 70 mph. With the T-5, 3,500 rpm in overdrive (.68) fifth gear would be 102 mph on paper, or just around 2,500 rpm at 70 mph—roughly a 32% reduction in revs. Now taking out that deep 4.11 gear in the differential and substituting a more logical 3.42 cog gives us 70 mph at 2,000 rpm—with acceleration that mimics a stock T-10 'Vette with a 4.43:1 gear as a result of the increased first gear multiplication in the T-5. To drop the rpm even more, a 3.08 rear gear could be installed, but it would detract from the acceleration in gears one through three. Adding to the $3,000 transmission, figure $1,000 for a rebuilt differential with a new Positraction unit, and around $2,000 to install the works with a new clutch—bringing the grand total for everything aft of the engine to $6,000. Now that we have power to spare and a car capable of loafing along at triple-digit speeds, we need to look at the support systems. Depending on how hard Martin will be driving the car, the original drum brakes may be just fine if serviced and treated with caution—or maybe not. If found to be inadequate, the brakes should be upgraded to discs. GO THROUGH THE SUSPENSION I would also highly recommend a Corvette specialist go through the suspension and thoroughly inspect everything, especially the common Corvette trouble spots. The aftermarket has figured out all the weak links in the 43 years since the '63 'Vette burst on the scene, and items such as upgraded hubs and suspension control arms are available from many vendors. A neat upgrade would be a set of Halibrand-style mag wheels from either American Racing (called the “Salt Flat” wheel), or the more accurate re-creation from Phil Schmidt at PS Engineering (310.534.4477), either set shod with speed-rated radial tires. An exact four-wheel suspension alignment is also critical. Once the chassis is dialed in, it will be capable of delivering good handling and a decent ride. While many will tout rack-and-pinion steering upgrades, coil-over shocks, etc., they are not necessary if the factory components are operating as intended and maintained properly. Remember, this is an old car and not a modern supercar—we are just trying to maximize our enjoyment with simple upgrades. Many people like to retrofit modern air conditioning to vintage cars, but I do not. It adds complexity and involves cutting and modifications that are not easily reversible, plus it detracts from the original appearance. While great for certain applications, it would be counterproductive to add more heat and the drag of the compressor, plus the electrical drain, to a car being designed to run long distances at high speeds. I would install modern heat insulation under the car- pet, on the inside of the firewall, over the exhaust, and in the transmission tunnel to make the interior cooler. The exhaust manifolds and exhaust can be ceramic-coated to keep even more heat out. However, one modern convenience that is easily re- versible and stealthy is a direct-fit stereo, such as the ones offered by Custom Autosound (www.customautosound .com). They fit the factory radio hole in the dash and require no cutting. CD changers and speakers that can be tucked out of sight are also available. Auxiliary interfaces to plug in your iPod. Just make sure your music is eracorrect—no hip-hop or White Stripes allowed. All told, Martin could spend roughly $25,000 on mak- ing a reliable, swift, and enjoyable long distance Split Window 'Vette. Added to his original investment, he will have around $65,000 in a great-looking car that will return farmore fun than the cash outlay would suggest.u September 2006 59

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Race Car Profile 1968 Howmet Turbine Much of the experimental engine is missing. Only ten were built, to win a government contract, so replacement parts are on intergalactic backorder by Thor Thorson DETAILS Years produced: 1968 Number produced: (2 original, 1 replica by original builder) Original list price: Never produced for sale SCM Valuation: $300,000–$500,000 Cost per hour to race: $300 Chassis #: Tag on frame tube Engine #: Unknown Club: Start your own? Alternatives: Lola T 70, Porsche 910 SCM Investment Grade: A COMPS 1969 Ford GT40 T hroughout the past century of automotive progress, the turbine engine was perceived as a possible alternative to the internal combustion engine. The two most famous American turbine pro- grams are the Chrysler Turbine and the Andy Granatelli Paxton-STP Indy racers. Yet, the most successful and only race-winning turbine cars ever built were neither of these two, but rather the lesser known, but significantly more important, 1968 Howmet Turbine racing coupes. The moving force behind the Howmet TX was racing driver and engineer Ray Heppenstall and his racing buddy Tom Fleming, vice president of marketing at Howmet. While running at Daytona in 1967, the two decided to build a turbine-powered race car. Heppenstall discovered that Continental Aviation had designed a small turbine engine when they bid on a U.S. military helicopter engine contract. The contract had failed to materialize; so ten engines were left over. The unique powerplant weighed a mere 170 pounds, yet produced 330 hp. The only real modification required to convert the helicopter turbine engine for race car use was to design a turbine wastegate. The original Howmet, bearing chassis number one and the very car offered here, was built based on a 1967 McKee Group 7/Can-Am car known as the Crosal Special. It featured a multi-tubular space frame construction with a fully independent, coil-spring suspension. The resulting 37-inch high Howmet TX was clothed in sleek, light aluminum and fiberglass bodywork and fitted with Halibrand cast-alloy wheels. Apart from being repainted once in its original livery, 60 the first Howmet TX race car remains in timewarp condition and still retains its original interior. No changes in specifications have been made and the Continental TS325-1 engine remains. Included in the sale are spare engine parts that were also purchased and saved by Jim Brucker. While not in running condition, it is thought the Howmet is missing only its combustion chamber and compressor; otherwise it is complete. The SCM Analysis: This car sold for $264,000 at the RM Brucker Collection Auction, May 13, 2006. For most of its history, the internal combustion pis- Lot #47, S/N GT40P1089 Condition: 2+ Sold at $514,388 H&H, Cheltenham, U.K., 2/21/2006 SCM ID# 41335 ton engine has been thought of as a necessary but not very elegant intermediate step between animal power and whatever comes next. Face it—piston engines are complex and messy mechanisms, with lots of complicated parts going up, stopping, and coming back down literally thousands of times a minute, fires being lit and going out at the same rate, with cylinders and valve seats needing to seal against high pressures while this is all happening. If you think about it, it's amazing the things work at all. It's easy to see why, as soon as turbines arrived on the scene after WWII, visionaries 1988 Spice-Cosworth SE88 Lot #660, S/N SE88C003 Condition: 2+ Sold at $230,955 Bonhams, London, U.K., 12/5/2005 SCM ID# 40859 grabbed them to power cars. They're light, simple, and self-cooling. The parts spin rather than reciprocate, they're balanced, and even in hard use will run a thousand hours before rebuilds. Transmissions are a breeze. On paper, at least, turbines were the next great solution. But it didn't work out that way. The basic problem is that turbine engines make not much torque at extremely high rpm and run best at a constant speed. This is fine for an airplane propeller or an Indianapolis racer, but for a road racer who's always slowing down and speeding up, it presents quite a challenge. The first part of the solution is to use a “free turbine” design, which is the jet engine equivalent of an automatic transmission. Rather than have the power-generating Sports Car Market Photos: RM Auctions

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turbine connected directly to an output shaft, the exhaust gasses are routed to drive a second “free” output turbine, sort of a gaseous torque converter. Depending on pressure and quantity of gas going to it, it spins anywhere between zero and 44,000 rpm. This is geared way down and connected directly to the wheels with no clutch. The trick is to control how much exhaust gets to the output turbine. There are two ways to do it: control the fuel to the power turbine or run that turbine at constant speed and dump the excess gasses out of a wastegate. With the Howmet, they chose to use the wastegate approach, which gave great throttle response but terrible fuel mileage. There was an additional technical problem in building a wastegate that would open and close dependably (while red hot) in road racing time frames. Most of the crashes with the car (and there were plenty) were attributed to the wastegate getting stuck. This is by far the most original and correct of the Howmet cars, which is a blessing and a challenge, because it's not complete. Much of the engine is missing, and whether the pieces can ever be found is open to question. This was an experimental engine of which only ten were built to win a government contract. The contract went to Allison instead, so these engines were truly orphaned (actually, stillborn is a better analogy) and replacement parts are on intergalactic backorder. The good news is that the Allison engine that got the contract was to the same specification, so it fits in the car and is easily available, if not original. This car retired from Le Mans with “mechanical problems” in 1968 and apparently never ran again, which leads to speculation about why much of the engine is missing. Le Mans regulations require that the engine be shut down during refueling due to safety concerns, and if you know turbines, you know that one thing they do not do is start hot. Whether by reasoned decision or panic, the Howmet team solved this problem by throwing buckets of cold water on the red-hot power section so they could get going again. Is it chance that the “hot section” is what's missing? I asked Chuck Haines what they're like to drive. He has owned the other two cars (still has one) and is the only guy I know with any experience. With very little in the way of engine or transmission weight, the car is very light (1,550 lbs), nimble, and well balanced. All the heat and noise is behind you and there's no real vibration, so it's comfortable inside, if a little eerie feeling. Initial acceleration isn't great (for a race car), but it just keeps pulling like you are tied to a bungee cord until you either get out of the throttle or hit top speed (something like 185 mph). The brakes are huge for such a light car, four-pot Girling calipers on GT-40 rotors, which is good because the engine isn't going to help slow you down. Aside from fuel consumption, it was an excellent long-distance racing car. It proved not to be the wave of the future, however, and the few turbine cars still around are museum pieces. Restoring this car to running condition will be a daunting task, particularly if the original Continental engine is to be kept, but I'm told the guy who bought it is a specialist in these things, so he might be successful. My inquiries tell me that this kind of car sells in the $400,000–$450,000 range if running and done right, so there is money available to do the work, have fun doing it, and end up with a very cool car. I'd say fairly bought.u THOR THORSON is President of Vintage Racing Motors of Redmond, WA, and is thus heavily involved with both the vintage racing and “adrenaline” collector car sides of the business. He has been an active vintage racer for over 25 years. Howmet press photo taken prior to Daytona, Sebring, and Le Mans road races September 2006 61

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Market Reports Overview Muscle Cars and Pinstripe Kings Almost nothing sold within its estimated range, a fact Kinney will personally attest to as he dons his $3,600 hat, that had a $400 estimate by Stefan Lombard the weather turned, and 90-mph winds knocked every tent down, ruining them all. What a way to kick things off. From those modest, wind-blown beginnings at the air- port to the modest present at the Boone County Fairgrounds in Belvidere, the sale has grown with time, and this year's sale tents covered more than six acres, visible across the Illinois plains from miles around. As recently as six years ago, Mecum posted solid re- sults of $3.1m, a figure that held steady until 2004. Then the total more than doubled to nearly $7m. The 2005 event saw another doubling (to $15.6m), and this year's sales doubled again, with $29m changing hands by close of business on Sunday night. So what is going on in Illinois? For starters, the formula is right. In his May “Shifting Gears” column, Editor Martin talked about the “frothy” muscle car market, one emotionally rooted in the Baby Boomers' desire for immediate V8 fulfillment. It's a market every auction company has adjusted itself to include, though some have reaped the benefits more than others. Mecum, for example. True to its moniker, “Nobody Sells More Muscle,” Reaping the benefits of muscle-car mania T his year marked the 19th time Dana Mecum and his company have hosted a springtime auction in north central Illinois. That inaugural sale in 1988—Mecum's first ever—was held in tents out at the Greater Rockford Airport, and bidders saw about 200 cars cross the block, with receipts totaling around $400,000. Toward the end Mecum has worked tirelessly not only to the help create and foster the muscle market, but to maintain and present it to anyone who wants a piece. And as SCM market analyst Daniel Grunwald tells us, with nearly 1,000 pieces on tap at this year's event, the outcome should be no surprise. Meanwhile, about as far from rural Illinois as one can get, Senior Analyst Richard Hudson-Evans made his way By the Numbers $15m $20m $25m $30m $10m $5m Bonhams Hendon, U.K. 62 RM Novi, MI Bonhams Mecum Monte Carlo, Monaco Belvidere, IL Christie's Greenwich, CT RM Los Angeles, CA H&H Buxton, U.K. Sports Car Market 2006 2005 2004 2003 2002 2001 2000

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Mecum Auctions (M) Belvidere, IL, p. 88 H&H (HH), Buxton, U.K., p. 124 RM (RMLA) Los Angeles, CA, p. 134 RM (RMN), Novi, MI, p. 100 around Europe. He reports first from H&H's hometown Buxton sale, one that consistently tallies a strong hit rate and more than $1m from largely British consignments. He then headed to the regular Bonhams sale held at the RAF Museum, where a much altered, much charted 1928 Bentley 6 1/2-Liter carried the day. And he never misses a chance to attend the firm's marquee event in Monaco, where a rare Ferrari 250 GTL Lusso Competizione—this month's cover car—set a record at nearly $600k. Norm Mort covered the spring RM sale in Novi, Michigan, which takes place just a few weeks after the firm's spring Toronto event. Though similar in size, scope, and consignments to its Canadian counterpart, Novi struggled this year to match past results, with attendance, SCM1-6 Scale Condition Rating: 1: National concours standard/ perfect 2: Very good, club concours, some small flaws 3: Average daily driver in decent condition 4: Still a driver but with some apparent flaws 5: A nasty beast that runs but has many problems 6: Good only for parts Christie's (Ch) Greenwich, CT, p. 76 Bonhams (BH) Hendon, U.K., p. 112 sales percentage, and sales totals all slipping. This despite unseasonably warm weather, which was certainly more welcome than last year's blizzard. Finally, Senior Analyst Dave Kinney reports this month from the Christie's sale in Greenwich, CT, where a downpour couldn't keep the bidders from buying. And in Los Angeles, where he attended the debut event for RM's Pop Culture Division, Kinney came away awed by both the turnout and the bidding for Kustom Kulture memorabilia. Nearly everything sold above estimates, a fact he will personally attest to as he dons the hat he picked up. Once owned and worn by Von Dutch, it was expected to bring between $300 and $400. Kinney made it his for a cool $3,600. Now is the time when many of you will be packing your bags and making final preparations for your journey to Monterey. As you explore the Peninsula, look for us at Concorso Italiano, The Quail, the Rolex Historics, and both the Russo and Steele and Gooding auctions. August promises to be exciting, as always, and SCM looks forward to being a part of it with you.u Top10 Sales This Issue (Land Auctions Only) 1. 1962 Shelby Cobra Dragonsnake, $1,601,250—M, p. 92 2. 1965 Shelby Cobra, $955,500—M, p. 94 3. 1935 Maserati 4CS 1100/1500, $819,825—BM, p. 68 4. 1930 Isotta Fraschini 8AS boattail, $658,500—Ch, p. 82 5. 1963 Ferrari 250 GTL Lusso Competition, $595,425—BM, p. 70 6. 1965 Ferrari 275 GTB, $543,533—BM, p. 72 7. 1956 Ferrari 250 GT Boano, $455,175—BM, p. 68 8. 1930 Packard 734 Speedster, $455,000—Ch, p. 84 9. 1938 Delahaye 135M cabriolet, $427,125—BM, p. 66 10. 1968 Chevrolet Yenko Camaro, $367,500—M, p. 96 1. 1964 Chevrolet Corvair Monza Spyder, $9,988—Ch, p. 86 2. 1948 Alfa Romeo 6C 2500 SS, $146,625—BM, p. 68 3. 1984 Lotus Esprit Turbo, $8,206—BH, p. 120 4. 1965 Chevrolet Corvette roadster, $39,590—RMN, p. 104 5. 1957 Chevrolet Nomad, $48,300—M, p. 92 September 2006 63 Best Buys Bonhams (BM) Monte Carlo, MON, p. 64

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Column Author Bonhams Monte Carlo, Monaco Collectors' Sports and Grand Touring Motor Cars Bonhams does Monte Carlo correctly, making full and good use not only of the city itself, but also of this significant May racing weekend Company Bonhams Date May 20, 2006 Location Monte Carlo, Monaco Auctioneer Malcolm Barber Automotive lots sold / offered 61 / 135 Sales rate 45% Sales total $7,485,368 High sale 1935 Maserati 4CS 1100/1500 roadster, sold at $819,825 Buyer's premium 15% on the first $127,500, 10% thereafter 1980 Lotus Type 81 brought strong money despite its unimpressive history Report and photos by Richard Hudson-Evans Market opinions in italics F Monte Carlo, Monaco or its first sale on the European mainland following the departure of Simon Kidston and the closure of its Geneva bureau, Bonhams's London Car Department and Paris office consigned its largest Monaco entry yet. Though a transporter accident resulted in 13 no-shows from Portugal, 105 cars—34 of which came from two collections—crossed the block in the familiar surroundings of the Rainier Motor Museum. By close of business, 61 of them had sold, totaling nearly $7.5m, a figure that will likely hold as the largest Continental sale total of the year. Despite direct competition from London dealer Coys, whose well-presented event commenced only a couple of hours earlier, the majority of punters who managed to drag themselves away from watching the historic racing round the famous GP circuit opted to go straight from trackside to the Bonhams fixture, a stone's throw from the action. Within the museum, Italian cars ruled the day. Once a part of the Briggs Cunningham Collection, and now wearing entirely different bodywork, the first 1935 Maserati 4CS 1100 brought $819,825. A 1963 Ferrari 250GT Lusso Competizione with Targa Florio and Spa-Francochamps history set a high for the model at $595,425. And a right-hand-drive 1965 275 GTB, first supplied to Colonel Ronnie Hoare of the famous British 64 importers Maranello Concessionaires, also achieved a strong price at $543,533. Among the non-Italians, three cars represented fairly significant market valuations. Chief among them was one of the two Delahaye 135Ms on hand. A 1938 model bodied as a cabriolet by Chapron, it fetched a correct $427,125. A 1957 Mercedes-Benz 300Sc cabriolet presented in stunning condition landed $272,850, and a 1980 Lotus Type 81 Formula One racer brought $202,725. Despite achieving rather blah results on the track, Mario Andretti, Nigel Mansell and Elio de Angelis all took turns behind its wheel, which helped it to make such a price. Automotive novelties auctioned in Monaco this year included a brace of seriously huge Presidential Limos— both American and Russian—a weird Fiat-based boat-car, and what must surely be considered the unofficial mascot for the Principality—a Fiat Jolly beach car. It brought $48,386 from spirited bidding. Though the numbers dipped slightly from last year's 74% and $10.5m total, this sale was hardly something to sneeze at. Bonhams does Monte Carlo correctly, making full and good use not only of the city itself, but also of this significant May racing weekend. The end result is a sale that attracts some real automotive jewels and the people savvy enough to acquire them. And that is a formula that won't soon let Bonhams down.u Sports Car Market

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Bonhams Monte Carlo, Monaco Column Author ENGLISH #251-1960 ROLLS-ROYCE SILVER CLOUD II drophead coupe. S/N STB444. Eng. # 222BS. Midnight Blue/Guards Red leather. Odo: 42,564 miles. One of 107 constructed. Ordered new by Universal Pictures for British playwright and scriptwriter Robert C. Sheriff, who used it in Rome and then the U.S., where converted from RHD to LHD. Returned to Europe in the mid-1980s, and last refurbished more recently. Panels and sills are straight and the Aschaffenburg-located Rosso Bianco Collection. Still appears to be all original, with no cosmetic wear apparent to the panels, paint, or leather. Engine bay is spotless, though nonconcours. Cond: 1. SOLD AT $160,650. The money here seemed about right, perhaps even a little light. Having enjoyed boom pricing during the late 1980s and then suffered virtual meltdown thereafter, XJ 220 prices appear now to have stabilized. Whether this sharp, low-mileage LHD car will enjoy any future appreciation remains to be seen. Unlikely, I think. corrosion-free. The repaint and rechrome are little marked, and the interior wood and leather retrim show a nice patina. Cond: 2+. NOT SOLD AT $153,000. Considering the early VIP history surrounding this splendid motor car, not to mention its suitability for Riviera assignations today, it's rather surprising that it did not attract the $170k or so needed. Not an excessive expectation, one would have thought. #197-1980 LOTUS TYPE 81 Formula One single seater. S/N 813. Eng. # DFV1346. Dark blue, red & silver/black. Ex-de Angelis, Andretti, and Mansell. Presented in authentic and claimed original Essex Petroleum livery. Certainly looks like it just came off a track. Much marked and missing its front wing. 1980 timing device in the cockpit. Cosworth DFV engine and Hewland FGB transmission are freshly rebuilt, with the electronics overhauled and the suspension crack-tested during the chassis resto. Cond: 3. SOLD AT $202,725. Although it sold and made a significant valuation for an early 1980s F1 car, it raised little more than the low estimate. Considering it had no outright wins to its credit and was presented in only fair cosmetic condition, the price paid was enough. Certainly a good candidate for the Thoroughbred Grand Prix series. #156-1992 JAGUAR XJ 220 coupe. S/N X220687. Eng. # 6A10248SB. Silver metallic/dark gray. Odo: 5,850 km. Another little exercised, mostly displayed exhibit from 66 looks old but is thoroughly sound. Cond: 2+. NOT SOLD AT $165,750. Before WWII, the 135M deserved its reputation as a superlative machine, built with great care and precision. It is perhaps surprising that this reasonable example did not pull here. Outside French old car circles, though, there are now too few movers and shakers who have even heard of the Delahaye marque, let alone would want to own one. TOP 10 No. 9 #155-1938 DELAHAYE 135M cabriolet. S/N 47538. Eng. # 234851. Dark blue/dark blue/dark blue leather. Odo: 18,995 km. Cosmetically superb, having been treated to an expensive and thorough restoration. Panels, paint, chrome, top, and leather are all virtually unmarked. Engine bay presents well. Still fitted with its oil radiatior, which was very novel in period. Although the rolling chassis was checked out in 1996, and the engine was overhauled in 1997, it has been museum-displayed recently and therefore requires re-commissioning before being released onto Sports Car Market FRENCH #166-1937 DELAHAYE 135M coupe. S/N 60127. Eng. # 60127. Black, red & green/brown leather. RHD. Odo: 23,518 miles. Museumdisplayed in recent years, though the engine is claimed to be in running order. Was treated to a fairly extensive and competent renovation at some time. Now it shows minor marks to the paint and brightwork. The original leather as-new, and the engine bay is clean but dull. Nardi steering wheel; Nakamichi stereo. Cond: 1-. NOT SOLD AT $229,500. There did not appear to be any real interest here for this short-nosed, wedge-shaped supercar from Modena. Engineered by Paolo Stanzani and styled by Marcello Gandini, the EB110 is more an automotive footnote than anything else. It's a serious car, to be sure, but one no one really seems to want anymore. The $281k low being sought for this car was way too ambitious, even for the Monaco set. GERMAN #177-1957 MERCEDES-BENZ 300SC cabriolet. S/N 188013500019. Eng. # M1999807500051. Black/black/red leather. Odo: 67,196 km. A two-owner example, one of only 49 cabs built. Completely restored in the highway. Cond: 1. SOLD AT $427,125. Restrained, elegant, and, with a decent-sized six breathing through triple carbs, a 135M should also perform as well as it looks. This Chapron-bodied French beauty was correctly priced here. #176-1994 BUGATTI EB110 GT coupe. S/N ZA9AB01EOPCD39052. Eng. # 0040. Silver gray/silver gray. Odo: 15,343 km. One of 154 built before the newly renovated Bugatti marque went into receivership. Completely original and with relatively low mileage, it appears to have been spared any physical abuse. Bodywork is virtually unblemished, with only minor marks to the front apron. The interior is

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Bonhams Monte Carlo, Monaco Column Author the late 1980s by M-B Aachen. Cosmetically still sharp, with seemingly flawless panels and fit. Paint and chrome are unmarked, and the interior leather and wood also appear to be hardly used. The engine is beautifully detailed. Cond: 1. SOLD AT $272,850. Originally more than double the price of the most expensive Cadillac, and even more costly than a 300SL in its day. Nearly 50 years later, this stunning 300Sc busted through the $216k high estimate, and no one seemed to think it too outrageous. ITALIAN TOP 10 No. 3 #172-1935 MASERATI 4CS 1100/1500 roadster. S/N 1124. Red/black leather. RHD. First supplied to Turin-based Scuderia Subalpina, who ran it in the 1935 Mille Miglia. Likely to have gained the current 1500-cc motor for the 1938 race. Uniquely rebodied without cycle fenders and with a wider body before 1969, when Briggs Cunningham acquired it. Restored at some time, then static in the Rosso Bianco Collection for years; full re-commissioning is required. Various paint marks, drab check-out of all systems is needed. Cond: 2+. SOLD AT $146,625. With styling by Anderloni and Formenti and a lightweight Superleggera body carried out by Touring, any Alfa 6C 2500 SS short-chassis in this condition is surely good value at this price. Assuming it can be made to work rather inexpensively, this was a good buy. interior, and disappointing engine bay presentation. Cond: 2-. SOLD AT $819,825. Despite its completely changed appearance, the car's long-ago race history is sufficiently gilt-edged to justify the bid, a figure at least one other person was also nearly prepared to match on sale day. Will the new owner leave this car as it is today... or want to be a time traveller and re-enact its 1935 Mille Miglia appearance as recorded in period race photos? Either way, more money is due to make it go properly. #184-1940 LANCIA APRILIA 1500 convertible. S/N 43910357. Eng. # 16856. Peacock Blue metallic/red/red leather. RHD. Odo: 67,373 km. Only just made it out of Corso Trapani workshops of Carrozzeria Pinin Farina before production facilities were turned over to the WWII effort. One of only four known survivors in Italy, where its five-year resto finished up in 2005. Paint and brightwork are lightly marked here and there, with a nice patina to the leather retrim. Very period blackon-white instruments on the oblong panel look #169-1949 ALFA ROMEO 6C 2500 SS cabriolet. S/N 915660. Eng. # 926281. 2-tone green/black cloth/tan leather. RHD. Odo: 85,509 km. Onetime Paris Salon stand exhibit. Possibly once part of the Rainier Collection in Monaco. Full re-commissioning is advised before use, as it has been dormant in recent years. Sharp paint, with few marks. Front and rear fender chrome is poor, and the largely original with surviving square-section chassis. Poor panel finish in places, driver's side fender is split. Chips to the exposed chassis tubes in the cockpit. Cond: 2+. SOLD AT $272,850. Considering its impressive racing history, both in period and of late, this dinky little Bialbero Spyder warranted the price. TOP 10 No. 7 #200-1956 FERRARI 250 GT Boano coupe. S/N 0527GT. Eng. # 0527GT. Silver & blue/beige & brown. Hand- Borrani rims are marked. Leather was renewed some time ago, and still healthy. Unusual 2spoke steering wheel; super 1940s push-button radio. Engine bay and its contents present well. Cond: 2+. SOLD AT $195,713. Presented in very attractive colors, with period motor show exposure definitely in the history file, plus the sniff of some glam Royal provenance, this glorious 2+2 rag top warranted its sale price. #251A-1952 FIAT 1100 Boat-Car. S/N 627010. White, gray & blue/black. Bonhams made sure to stress this was not intended for use on water. Appearing to be more boat than car, this Fiat 1100-based oddball was constructed by Carrozzeria Coriasco of Turin as 68 Sports Car Market crafted in aluminium. Many were changed forever following their conversion into sports racers, and survivors are rare. Much Italian hillclimbing in period. Acquired by an American enthusiast in 1959, and resided Stateside until the mid-1970s. Back to Italy in 1998, and rebuilt in 2002. Apart from a marked windshield, the exterior is excellent, and things inside look to be unused. Cond: 1-. SOLD AT $455,175. We lovely, but the engine bay presentation is unexceptional. Cond: 1-. NOT SOLD AT $84,150. Perhaps the high bid here was about right for this discreetly fashioned Italian. Rare it may be, but an open-top Aprilia 1500 for four does have rather limited appeal. #160-1948 ALFA ROMEO 6C 2500 SS coupe. S/N 91580. Eng. # 023112. Dark blue/ gray leather. RHD. Odo: 60,144 km. One of 383 built after WWII. Restored at some time, now with some very minor marks to the bodywork. Wheel paint is only fair, though the interior is neat and the engine presents well. Following much sleep in a quiet museum, however, a full a mobile publicity gimmick for a Bolognese sailing school. Restored in Rome in 2006, with such nice nautical touches as varnished teak decking, portholes, and twin life rings. Cosmetically still shipshape, with few marks to the hull, paint, or fittings. Cond: 2+. SOLD AT $61,583. Where would you find another? You wouldn't, of course, which is why bidder competition resulted in a near top estimate valuation. Let us hope that the new skipper realizes that he must remain forever a land lubber and never give aquatic chase to an Amphicar. Although it might be a close one. #239-1955 MORETTI 750S MM Bialbero spyder. S/N 1614. Eng. # 1617. Red/black leather. Odo: 3,434 km. Raced the Mille Miglia in 1956 and ‘57, as well as the ‘56 Coppa d'Oro. Stored 40 years, then rebuilt to compete in 2001, 2002, and 2005 MM retrospectives, and 2003 Le Mans Classic. Claimed still to be

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Bonhams Monte Carlo, Monaco Column Author last saw this elegant Boano coupe at Sotheby's Maranello sale in June 2005, where it sold for $411k (SCM# 38620). Here, the winning bid for this rare and good looking Ferrari with period competition history was spot-on, and represented a tidy little profit in just eleven months. #162-1958 MASERATI 3500 GT coupe. S/N 1011786. Eng. # 1011786. Red/black leather. Odo: 56,181 km. Designed by Giulio Alfieri, creative genius behind the “Birdcage,” the 3500 GT was the first roadgoing Maser to be built in significant numbers. This one received a full resto at some time and is still cosmetically sharp. The bodywork appears sound, with exemplary panel fit. Paint and most brightwork car standards. Finish on the suspension items is only fair, and the panels are a bit bumpy in places. Paint is relatively unblemished, and the nice cockpit is trimmed in leather. Cond: 2. SOLD AT $61,583. Although ultimately rendered uncompetitive by the British rear-engined competition, the front-engined Stanguellini Formula Junior was, and still is, a seriously good looking mini-F1 racer, shaped like a classic racing car should be. There are also plenty of races staged for historic frontengined FJs, hence the top estimate money raised by this well-presented example. #154-1963 MASERATI 3500 GTI Spyder. shines well, though the front bumper chrome is marked. Yet another museum-displayed example. Cond: 1-. SOLD AT $65,981. 3500 GTs do not come much better than this, always assuming that it could be returned to the highway with only a minor mechanical sorting. With demand and prices for front-engined Ferraris and Aston Martins of this period increasing steadily of late, comparable Masers of the late 1950s / early 1960s represent good value. #179-1959 FIAT 500 Jolly beach car. S/N 052819. Pink/natural wicker. Odo: 7,137 km. Claimed to be a genuine beach car and not some replicated chop. Last restored in 2005. Paint is thick but spotless, the whitewalls show some marks, and the fender bar chrome could grubby. Cond: 3-. SOLD AT $108,503. Despite this car's rather iffy condition, Vignale-bodied Spyders as a whole are much sought after. Add to that the 5-speed manual transmission, and the market appeal goes up. Which explains the top guide price paid. Not out of line, but there is much work yet to be done. #183-1963 FERRARI 250 GTE 2+2 coupe. be sharper. The basket wickerwork seating appears to be unused. Cond: 2+. SOLD AT $48,386. No Bonhams Monaco sale would be complete without one of these Jolly little numbers. This shocking pink funmobile delivered by raising just over ten grand more than the top estimate. #206-1959 STANGUELLINI FORMULA Junior single seater. S/N 0002G. Eng. # 830212. Red/black leather. Built during Vittorio Stanguellini's most successful season. Restored in 2003. Seemingly still in reasonable cosmetic order, though only to old competition 70 S/N 4067GT. Eng. # 4067GT. Blue Lilac/French Blue leather. Odo: 90,454 miles. Originally a U.S. resident, and virtually in the project class when the vendor acquired it. Mechanically and bodily rebuilt in France in 2004. Panels and fit are perfect, with the repaint and rechrome absolutely mint. Borranis are highly polished. The leather retrim appears only slightly used. Cond: 1. SOLD AT $105,570. The 250 GTE represented Ferrari's largest volume-built car when production ceased in 1963, with 954 units completed. They used to be such an affordable entry into front-engined Ferrari ownership, but have been appreciating solidly in recent S/N AM1012771. Eng. # AM1012771. Gold metallic/ecru/ecru leather. Odo: 65,924 km. Supplied new to Germany, where recently it has lived a mainly static existence in the Rosso Bianco Collection. Really not very nice beneath the thick respray. Passenger door bottom is bubbling, and the sill has filler cracks. Most lower panels all around are in poor shape. The original leather is very color-rubbed and brightwork, but scruffy Borranis. Engine was replaced at some time with one of the same type and stamped with the same ID. Fully restored in 1998 and driven in the Tour Auto, Monza, and Le Mans Classics since. Cond: 1. SOLD AT $595,425. Not meant to be raced, the Lusso was instead built for plush, high speed grand touring. Still admired as one of Pininfarina's most elegant front-engined designs, this example is significant because Blouin wanted more from it than grand touring. As a result, it convincingly recorded the highest price at auction for a Lusso. See profile on p. 40. #152-1964 FERRARI 250 GTL Lusso coupe. S/N 5947. Eng. # 5947. Rosso Corsa/ black leather. Odo: 69,862 km. One of 350 Lussos built between 1962–64. Well restored, though some time ago. Paint and brightwork are only lightly polish-scratched. Borranis are clean. Leather is most likely still original and shows an even patina. Displayed in recent years in a German collection and thus not driven years. If you can live with this color combo, and the successful bidder clearly could, then the forecast money paid here for this car was well spent. A prime example of buying the best example available. TOP 10 No. 5 #194-1963 FERRARI 250 GTL Lusso Competizione coupe. S/N 4965GT. Eng. # 4965GT. Silver gray/burgundy. Odo: 3,764 km. The only Lusso to be campaigned competitively in FIA events, it was raced in 1965 at Spa, the Targa Florio, and elsehwere by its original Swiss owner, Robert Blouin. Half-cage, low-back buckets, Sparco full harnesses. Excellent paint and panel fit, pristine Sports Car Market

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Bonhams Monte Carlo, Monaco Column Author much, though the engine is claimed to be running. Cond: 1-. SOLD AT $286,875. It's easy to make a case for the Lusso as being the best looking front-engined Ferrari ever made. The price paid here, which fell right in the middle of the estimate, valued this example correctly. And if the car has been kept in a fair running order during its years as a display, it may even be a bit of a deal. TOP 10 No. 6 #254-1965 FERRARI 275 GTB Short Nose coupe. S/N 7397. Gray metallic/black leather. RHD. Odo: 91,891 miles. Supplied new to Colonel Ronnie Hoare of U.K. Ferrari distributors Maranello Concessionaires as a demo. In Illinois by 1976. Exercised at Italian Ferrari Days, 1983. Converted thereafter to six carbs. Color-changed several times during its life. Acquired by the vendor at Osenat's Fontainbleau auction in 2003, and given a #165-1967 DE TOMASO MANGUSTA coupe. S/N 8MA 824. Eng. # 502 0059. Blue metallic/black leather. Odo: 42,142 miles. Only 400 were built between 1967 and 1972. Powered by a Ford 289-ci V8. Another display car, and not driven for about 10 years. No battery fitted. Panels appear sound, and the old re- 2001 and 2005. Some marks to the competitionstandard paint, windshield is wiper-scratched and chipped, alloys appear fresh, driver's door features a large Paddy Hopkirk autograph. Full cage, high-back buckets, and clean engine in the correct colors. Cond: 2+. SOLD AT $39,589. Considering the rather inauthentic-looking modern rally bits, the vendor was probably wise to accept a best offer, which fell short of the low estimate by over $5.000. As presented, it is not worth much more. #190-1969 LAMBORGHINI MIURA paint is still glossy. Silver rocker panel script is well-applied. Alloy rims are scraped. Original seats are much sat-upon, and the engine bay looks particularly dormant. Cond: 2-. SOLD AT $58,650. Considering this automotive mongoose has been so inactive of late, and should therefore require a thorough mechanical and electrical go-through, the money shelled out to land it—nearly $25k above estimate—must be considered nothing short of extravagant. #170-1969 MASERATI INDY coupe. concours-standard resto in 2005. Straight steel panels, with paint and brightwork all very sharp. Driver's side window glass is deeply grooved, and the painted alloys are much-chipped. The recently rebuilt engine and gearbox are spotless. Cond: 1-. SOLD AT $543,533. Relative rarity, history, and super condition—backed up by detailed invoices—accounted for this sale price, fully $84k over the high estimate. Long-nosed money for a short-nosed car. #158-1967 MASERATI MISTRAL spider. S/N AM109SA1663. Eng. # AM109SA1663. Dark blue/dark blue HT/tan leather. Odo: 452 km. One of 120 Spiders built between 1964–69. Desirable 5-sp gearbox. Appears to be structurally sound. Resprayed at some time, with the scuttle top paint now microblistered. Bumper chrome is heavily scratched. Inside, the color-rubbed and cracked. Cond: 3. SOLD AT $20,528. On the page, and even at the money paid, this no-reserve Indy may seem to have been cheaply acquired. More of a blind gamble than a sure-fire investment, I would suggest. #182-1969 LANCIA FULVIA HF 1600 Rallye coupe. S/N 8185400011578. Eng. # 818540008484. Red & black/black & red cloth. Odo: 3,473 km. Not your garden variety Fulvia 1.6 HF, but a rare “fanalone” (big headlight) version, rumored to have been a works recon car. Smashed up in the 1970s, then barn dormant from'74 to '78. Rebuilt in the U.K. before 1984, then prepped to historic stage regulation compliance in 1988. Last evented in 1994. Expensively refreshed with Group 4 spec motor between driver's side leather is deeply cracked. Ultra rare Frua-fashioned hard top with gently sloping rear three-quarters. Cond: 2-. SOLD AT $102,638. The model and its condition justified this performance. Like the other largely static cars from the Rosso Bianco Collection, however, it will require full mechanical and electrical re-commissioning. Not cheap, that. 72 S/N 116120. Eng. # 116120. Light blue metallic/black leather. Odo: 76,104 km. The old repaint is now rather iffy in places. Driver's door top is bubbling, and the original leather is good, and the V12 is spotless though not showfinished. Cond: 1. SOLD AT $300,900. Miuras continue to strenghten in the market; this beautiful bull raised just over mid-estimate, which valued it correctly. Lacking the weight of the SV, the S is generally reckoned to be the Dallaradesigned, Gandini-styled Miura to have. #153-1970 FERRARI 365 GTB/4 Daytona coupe. S/N 16925. Eng. # 16925. Rosso Corsa/ black leather. Odo: 76,087 km. A steel-bodied car that was restored some time ago. Appears externally clean, though only from a distance. Close up, minor marks are visible in the nose paint, with severe bubbling to the passenger door's leading edge and rear wheelarch lip. Most brightwork is only OK-ish. Alloys are P400S coupe. S/N 4380. Eng. # 30445. Blue Miura/mustard leather. Odo: 6,562 km. Recently well-restored by Top Cars, neighbors to the Sant'Agata factory. Beautifully repainted, with no marks anywhere, including the alloys. The Paratelli leather retrim is very chipped. A display car of late, though the engine is claimed to be a good runner. Cond: 2-. SOLD AT $188,700. The epitome of the early-'70s supercar, Daytonas continue to climb the price scale. This one certainly had its rough edges, and a proper repaint would help in the eyeball department. Until then, it's nothing more than a driver, assuming the claims of mechanical competence are correct. Still, it came in more than $35k above estimate, so I'll call it well sold. #167-1972 MASERATI GHIBLI SS 4.9 coupe. S/N AM115 49 2148. Silver/magnolia leather. Odo: 52,932 km. Another display Sports Car Market

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GREGOR FISKEN Fine Hi s toric Automobi les Situated in a Kensington Mews, internationally famous for old cars, we are proud to offer a varied selection of historic automobiles. Our prices are keenly competitive in today's market and we are always interested in buying, part exchanging or selling on clients' behalf cars similar to those below. Please write, phone, fax or e-mail with your requirements. buckets and Sabelt full harnesses only lightly used. The engine bay is dry and presented in “working order.” Turbos, belts, tanks, and brake discs were renewed in 2004. Cond: 1-. SOLD AT $255,000. Although hoping for $25k more, Bonhams and the vendor accepted what should now be considered the going rate for a pugnaciously styled F40 of this mileage in this condition. claimed to be a runner as well. Externally renovated at some time. No obvious rot anywhere, both wide doors shut OK. The older repaint is now flat in places, particularly on the tail. Brightwork is lightly scratched in places, and the original leather is very soiled. Engine and bay need a makeover. Cond: 2-. SOLD AT $45,454. Bravely offered without reserve, this 4.9-L SS—the most desirable Ghibli to tame—achieved forecast money. And considering that it was a bit of an unknown quantity, that was enough. 1949 Jaguar XK120 This immaculate XK 120, chassis number 660009, was one of the very first alloy bodied 120's built and the first car to be imported to New Zealand. 660009 was campaigned throughout the 1951 season by Ron Roycroft at events including the Race of Champions and the Wigram 100 mile race. A full restoration was carried out by Fullbridge Engineering in the early 90's and has been used very sparingly since. Finished in the original bronze with tan biscuit interior, 660009 is a fine example of the much sought after alloy XK 120. #191-1972 FERRARI 246 GT Dino coupe. S/N 02870. Eng. # 02870. Rosso Corsa/black leather. Odo: 1,569 km. A three-owner car, the latest the ex-president of Fiat Dino Register. Totally rebuilt to a high standard in 2003, and cosmetically still unmarked. Super paint, and the interior is fabulously done. Engine bay looks better than new. If I were to be picky, the over-paint around the original Pozzi supplier plate could be neater, the “Dino” branded RUSSIAN #188-1985 ZIL 115 limousine. S/N 174. Eng. # 174. Black/brown dralon. Odo: 6,500 km. A capitalist perk of deposed and deceased East German President Erich Honecker, claimed to be first such Soviet Zil to be sold into Western hands in 1990. 21 feet long, 7 feet wide, 3.5 tons, and 100% bullet-proof. Authentic and very Cold War. Still completely original, with only minor wear to paint, chrome, and interior. Cond: 2. SOLD AT $102,638. In beating off the competition, a new Western owner was forced to give this conspicuously opulent gargantuan a top estimate valuation. Who are we to disagree with him? Allegedly, there is only one Honecker Zil 115 like this. 1961 Aston Martin DB4 GT a highly tuned engine it was no wonder the DB4 GT was such a success on both road and track. This GT, chassis With lighter gauge aluminium, a shorter wheel base and 0146L, was the Geneva Show Car in 1961 and has recently been subject to an extensive restoration which has ensured success on many Tour Autos. Presented in Caribbean Pearl with current FIA papers 0146L is a worthy contender for the best of the forthcoming events. CARS IN STOCK 1961 Aston Martin DB4 GT 1960 Austin-Healey ‘Ruddspeed' 1955 Bentley R-Type Continental( Manual) 1931 Bentley 4 ½ Supercharged 1972 De Tomaso Pantera Group4/5 1952 Ferrari 212 Coupé ‘The Bumblebee' 1967 Ferrari 275 GTB/4 1973 Ferrari Daytona 1949 Jaguar XK120 – Aluminium 1954 Maserati A6GCS 1973 Porsche 911RS Lightweight 14 Queens Gate Place Mews, London, SW7 5BQ Telephone 011 44 20 7584 3503 Fax 011 44 20 7584 7403 cars@gregorfisken.com 74 www.gregorfisken.com carpets are not everyone's glass of chianti, and the rear bumper has been over-polished. If I were to be picky, of course. Cond: 1-. SOLD AT $130,496. With hard work, many steel-bodied Dinos have been revived from what would have been no-hope rust buckets on a one-way journey to the crusher. Thus, there are plenty of choices out there. On condition, this one would be top of the pile, and therefore fully justified the price paid. #192-1989 FERRARI F40 coupe. S/N 84037. Eng. # 20778. Rosso Corsa/red fabric. Odo: 29,472 km. A three-owner car, with the mileage displayed likely to be genuine. Minor stone chips to the original paintwork, with the pop-up headlamp covers microblistered. Kevlar interior presents well, with fabric AMERICAN #187-1955 CADILLAC FLEETWOOD 75 Presidential limousine. S/N 557555865. Black/pale blue & gray fabric. Supplied new to the White House for transporting Dwight D. Eisenhower on official business. Acquired by the vendor from the second owner, a Washingtonbased American general. Seemingly still all original, with only light cosmetic wear to the paint, chrome, and interior. Fully loaded with Presidential goodies like fold-down rear side windows, panoramic roof for presidential waving, and trunk-mounted air-con. Cond: 3+. SOLD AT $95,306. The fact that there were two of these in the sale, and that they both sold too, proves there is definitely a market for historically important Presidential limos like this, which made desired money. u Sports Car Market

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Column Author Christie's Greenwich, CT Exceptional Motor Cars By Sunday the deluge from the day before was largely forgotten, and the sale commenced without a hitch Company Christie's Date June 4, 2006 Location Greenwich, CT Auctioneer Dermot Chichester Automotive lots sold / offered 31 / 40 Sales rate 78% Sales total $3,147,138 High sale 1930 Isotta Fraschini 8AS boattail convertible, sold at $658,500 Buyer's premium Wellingtons and umbrellas optional, but helpful Report and photos by Dave Kinney Market opinions in italics T Greenwich, CT his was the second year Christie's teamed up with the Greenwich Concours d'Elegance, and once again it worked quite well for both entities. This despite wet weather that did its best to drown out the festivities, with Friday's preview filled with afternoon showers and Saturday—the first day of the Concours— proving to be a near washout. As an outdoor event, one runs the risk of having Mother Nature interfere at any time. Christie's did its best to prevent the deluge from invading the tents, but there was no keeping the water away. In fact, during the preview, Wellingtons and umbrellas were necessary in order to view the assembled iron. But the crowd maintained an excellent sense of humor and made what could have been a minor disaster seem more like a rainy day adventure. By Sunday's sale, however, the chairs and tables were set up, the rains from the day before were largely forgotten, and the sale commenced without a hitch. Highlighting the auction was the collection of late tenor Sergio Franchi. Franchi had good taste in most of his automobiles, and great taste in some. The catalog cover car, a 1930 Isotta Fraschini 8AS boattail convertible, with coachwork by Castagna, illustrated this. It was a spectacular piece, and despite some older restoration issues, it sold for $658,500 to a U.S.-based owner. 76 The most talked about car at the event was another 1930 model, a Packard 734 Speedster Roadster that sold for $455,000. Though it needed a restoration, it was a once-in-a-lifetime opportunity to purchase one of the rarest and most desirable Packards built. In a sale filled with memorable classics, my personal favorite was a 1927 Springfield-built Rolls-Royce Phantom I with factory roadster coachwork. It brought a very reasonable $117,500. More contemporary fare included a 1956 Mercedes-Benz 300SL coupe that brought its owner $334,000 in a sale to a U.S. dealer. And a 1964 Chevrolet Corvair Monza Spyder quite literally slipped through the cracks here, finding a new owner for a bargain $9,988. A handful of cars were forced to withdraw because they failed to meet Connecticut DMV requirements. Surely the vendors, potential buyers, and Christie's must have been disappointed. The numbers tell the story here. Last year's sale net- ted $1,832,637 with a 76% sales rate, on 26 of 33 cars sold. This year, five more cars sold, making for a 78% hit rate and more than $3.1m in total sales. I continue to be impressed with the job Christie's does in presenting and explaining its merchandise. The Greenwich sale has the potential to continue its growth as well as its stature among auctions and, rain or shine, that bodes well for serious collectors everywhere.u Sports Car Market 17.5% up to $200,000, 10% thereafter (included in sold prices)

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Christie's Greenwich, CT Column Author ENGLISH #6-1927 ROLLS-ROYCE PHANTOM I Springfield roadster. S/N S67PM. Eng. # 20676. Beige & tan/beige canvas/tobacco leather. Odo: 73,502 miles. A much older restoration that will be quite easy to recommission if you can live with the so-so colors. Cataloged as a Brewster body, but a salesroom notice corrected that misnomer. Good paint, with a few chips easy to spot. The chrome is good, and even the wire wheels, which look poor, could be cleaned easily. Tires are dry-rotted, and the cloth top is getting weak. Excellent leather and very good wood. From the Franchi Collection. Cond: 3-. SOLD AT $117,500. Rollers of this era are currently quite out of vogue. At some point the buying public will wake up and discover the value here. This is a gentleman's roadster of the first order, and with left-hand drive it is actually usable, even at modern speeds. #13-1936 BENTLEY 4 1/4-LITER sports coupe. S/N B11HM. Eng. # J2BA. Black & terracotta/black vinyl/terracotta leather. RHD. Odo: 84,253 miles. Bodied by Vanden Plas. As seen at Christie's Pebble Beach, 2005, where it failed to sell at $230k (SCM# 38855). Here presented with a scant 24 miles added. Easy miles, no doubt, so nothing much has changed. It's still a first-rate restoration with sharp miles. Bodied by Chapron. Some waviness to the side panels, which can be addressed easily at the next repaint. Some pitting to the chrome, though most is good. Very complete and original, but now with lots of needs. Massive air conditioning unit in the trunk, with the air being rear-ducted. Interior shows a full divider window with picnic tables and bar. What I thought were jump seats turned out to be footrests. From the Franchi Collection. Cond: 3. SOLD AT $94,000. A very likeable example, but this sales result was surprisingly high to a few veteran Rolls observers. They described the car in loving tones, but never failed to mention how difficult it will be to resell. The small fins on the rear fenders are very chic; only a French coachbuilder could get away with discreet fins on a Rolls. #25-1957 BENTLEY SI saloon. S/N B330LEG. Eng. # BE165. Sage & Velvet/beige leather. Odo: 31,191 miles. Nice older paint, now with door chips to the trailing edge of the driver's door and elsewhere. Good chrome, glass, and gaskets. Rear-ducted a/c, nice leather, and better wood. Decent carpets, with paint, excellent chrome, a flawless interior, and a stand-up presentation overall. Cond: 1-. NOT SOLD AT $180,000. All that, and this time it failed by $50k. Maybe it was the 2.5% customs duty due upon sale? This car was presented in its original colors, something I was not aware of until a Christie's specialist pointed it out. A very handsome example, I have no argument with the seller for taking this one back home at this low bid. #8-1955 ROLLS-ROYCE SILVER WRAITH Touring limousine. S/N LELW2. Eng. # L2E. Black/beige leather. Odo: 45,359 78 the door panels showing wear. Cond: 3. SOLD AT $43,475. A U.S.-delivery S1, sold new in California, restored in the late 1980s, and owned by a former chief judge of the RROC in southern California. Interestingly, the car was fitted new with the European compression ratio of 8.0:1 and European style SU HD8 carburetors. This was market-correct; these cars are now bargains. #23-1967 AUSTIN-HEALEY 3000 Mk III Phase 2 convertible. S/N HBJ8L34286. Eng. # 29KRUH8615. Red/gray soft top/gray leather. Odo: 62,865 miles. An excellent presentation to what appears to be an outstanding example. A nine-year-old restoration, but it looks like it was done two years ago. Great paint and chrome. Light flaws to the interior, with one or two pieces of piping out of alignment, but excellent wood, carpets, and dash. Underhood is excellent and appears professionally detailed. The spare is painted and not chrome Sports Car Market tidy dash. Cond: 3. SOLD AT $37,600. I have recently become a Series III evangelist. Not that I don't love the S I and S II cars. But if you look at the demographics, the S III fits the profile of what we Baby Boomers are looking for in a British collector car. Like it or not, there is a large group of potential owners who want air conditioning, and even a few who would prefer automatic transmissions. This car was cheap for now, and will seem like a steal within a year. FRENCH #40-1922 RENAULT TYPE NN town car. S/N NN18347. Eng. # 17009. Burgundy & black/black leather & fawn cloth. Odo: 8,012 like the rest of the wheels. Cond: 2+. SOLD AT $99,875. Try graphing Austin-Healey BJ8 prices over the last five years, and instead of seeing a trend, you see prices that look like they were charted by a three-year-old with an Etcha-Sketch. I'm quite comfortable calling this sale market correct for a #2+ car, even though I can hear legions of Healey fans screaming like three-year-olds right about now. #37-1974 JAGUAR XKE S III convertible. S/N VE1S25911. Eng. # 7516986LA. Silver/ blue cloth/black leather. Odo: 43,165 miles. Some dings to the paint at the hood's trailing edge; otherwise it is very good. The soft top is no longer new but would have sufficed if it weren't for an unfortunate tear. Good chrome, except for a ding to the rear bumper. The interior is clean and shows well with good leather and a

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Christie's Greenwich, CT Column Author miles. The unsual town car body has caning applied. In the high humidity conditions of the sale, it has become loose and wavy. Very good paint and brightwork. Clean and well-fitted driver's compartment has nice leather seats and very good cloth to the rear. The $20k to $30k pre-sale estimates are much less than the cost of restoration. Cond: 3+. SOLD AT $21,150. I was surprised at both the low estimated values as well as the final sale price. At this level, you can own a 1920s car with distinctive styling and marque history for less than a brake job on some contemporary sports cars. Well done, but perhaps more fun to look at than to actually drive because of its diminutive size. GERMAN #5-1925 MERCEDES 24/100/140 open tourer. S/N 22439. Eng. # 11722. Unfinished aluminum/brown leather. Odo: 77,550 miles. A rebuild-it-yourself Mercedes. Strikingly complete and ready for restoration. Presented in “as found, then cleaned” condition, with boxes of spares in the back seat. There cannot be too many of these original finds left, an excellent chance that will likely not present itself too many more times. From the Franchi Collection. no complaints. The leather is aged and shows wear, with good carpets and a very nice dash. The steering wheel is excellent and without cracks, though the shift knob shows wear and cracks. Underhood is tidy, though no longer show detailed. Titled as a 1957. Cond: 3. SOLD AT $334,000. Although there has been some recent disagreement over Gullwing prices, this sale to a dealer should point to a future upward direction in Gullwing values. For the uninitiated, many European cars of the '50s and early '60s were legitimately titled in the year they were first sold and not necessarily the year they were built. #1-1958 MERCEDES-BENZ 190SL convertible. S/N 1210428500864. Red/red HT, red ST/red vinyl. Odo: 10,524 km. Two tops. Black plate, California original car, now in need of massive help. Plenty of dents and dings, scrapes and visible putty. Very poor chrome and rubber gaskets. Soft top is stored in the pasenger seat. Good vinyl seats, but bad leather now appears deflated. Some pulls to the carpet fabric. Said to be matching numbers and running well. Cond: 3-. SOLD AT $30,550. Pricey for the condition. It's a driver and will need a big and thoughtful sympathetic restoration to make it to a #2-. My two cents: Pump up the seats with foam or fresh horsehair and drive the sucker. To sum up: A running, driving, non-embarrassing 356 is now worth at least $30k. Cond: 4-. NOT SOLD AT $340,000. The ungainly rear-end treatment really hurts this otherwise handsome example. Perhaps it will look better when restored; as of now it doesn't quite make it to hateful, but it does hurt. This car deserves a first class restoration nonetheless. As an original Murphy-bodied Mercedes, it is a true piece of automotive history. Given the bid only missed the low estimate by ten grand, I'm surprised it wasn't cut loose. #34-1956 MERCEDES-BENZ 300SL Gullwing coupe. S/N 1980406500233. Black/tan leather. Odo: 62,009 miles. An older restoration, still with good paint and chrome. All glass and gaskets are in good shape with carpets and a cracked steering wheel. Best for parts or only the most sentimental of restorers. Part of the Franchi Collection. Cond: 4-. SOLD AT $17,625. Even with the recent well-documented increase in 190SL prices, there is still plenty of good-looking, low-hanging 190SL fruit out there to be picked off at around twice this price. I would have figured this car for half of this sale's amount just six months ago. #2-1958 MERCEDES-BENZ 220S cabri- olet. S/N 8513387. Black/tan canvas/red vinyl. Odo: 23,823 miles. Nothing here a frame-off restoration wouldn't fix. A barn-find Benz, though since washed. Vinyl top is poor, with the bad paintwork bubbling in places. Poor chrome appears to be all there. Original-style interior, with some missing wood veneer to the speaker area. Transmission appears to be some sort of vaccum operated clutch unit; it had a manual shifter, but no provision for a clutch pedal. From #28-1964 MERCEDES-BENZ 230SL convertible. S/N 113042100006298. Red/tan ST, red HT/tan vinyl. Odo: 86,332 miles. Two tops. Decent paint, but don't look too hard, as it's just a good “consumer job” and not show quality work. Brightwork runs the gamut from good to poor. Gaskets are dry in places. Becker AM/FM is period-correct. New seat vinyl is poorly fitted. Good carpets to be worth the price of restoration. There's some hope this one could be resurrected, but only the most optimistic need apply, #10-1963 PORSCHE 356B coupe. S/N 212193. Eng. # 704864. Off white/red leather. Odo: 72,671 miles. A well-mellowed older restoration, with gap issues and plenty of use wear evident. The paint is yellowed and chipped at the front of the hood. The chrome is complete and good overall, as are the glass and gaskets. Stuffing in the seats has flattened, and the and dash. Underhood is nothing special. Pirelli P400 tires. Cond: 3-. NOT SOLD AT $17,000. When the bidders decided that $17k was all this car should bring, they made a wise decision. Its driver quality presentation keeps it from being more than a weekend use SL, and the temptation to spend more for a 280SL will keep the upside low. At $17k all in, it's worth it; at the $23k high, it would be time to reconsider your purchase. #43-1974 PORSCHE 911 2.7 targa. S/N the Franchi Collection. Cond: 5+. SOLD AT $24,675. I know I've seen worse, I just can't remember where. 220S prices will have to keep increasing at a dramatic rate for this car ever 80 9114111718. Eng. # 6143394. Yellow/black vinyl/brown vinyl. Odo: 55,890 miles. A used Targa with a glass rear window. Fair to good paint, with some fade and repaint issues. Some corrosion at the doors. Most brightwork is good, but some is pitted. Nice seats, good Sports Car Market

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Christie's Greenwich, CT Column Author carpets, flattened dash, and wavy and wasted sun visors. Cond: 3-. SOLD AT $16,450. I'd like to call this car well overpriced, expensive, and a waste of money. But then I remember the few distinctive vehicles available for less than $20k. Not a happy prospect for a full restoration project, but also not a bad choice if you're looking for a fun car to drive the wheels off of before deciding what to do with it. Just avoid grenading the motor. #44-1974 PORSCHE 914 2.0 roadster. S/N 4742903831. Silver/black/black vinyl. Odo: 23,271 miles. A very nice example of a car not often seen as a nice example. Excellent paint, with straight, even gaps. A few light scratches leather, but the balance of the interior is just good. I love these cars, but even I found it hard to like this one. Cond: 4+. SOLD AT $64,625. These Zagato coupes are fragile cars, and even something as routine as a door latch causes me to wonder. I did not have a chance to check for rust on this car, though if I was bidding on it, I would have had my Mr. Science microscope all over it. If this one checks out rot free, it's a decent buy on a hard-to-find and desirable example. Otherwise, things could get deep very quickly. the frayed paint, this was old Italian artisanship. Bought within the $600k—$800k window, I think this will prove to be a bargain. #7-1957 LANCIA AURELIA B24S convertible. S/N B24S1606. Dark red/tan canvas/ beige leather. Odo: 60,061 miles. A well-aged and pleasant example, with all the bits in a similar state of patina. The good paint shows some light bubbling to the hood edges, with very nice chrome and glass. Great patina to the interior as well, with excellent leather, usable carpets and mats, and a nice dash that shows #33-1966 ALFA ROMEO DUETTO spider. S/N AR665252. Eng. # AR0053616703. Aqua/black/black. Odo: 74,082 miles. Last seen at RM Amelia Island 2005, where it sold at $15,400 (SCM# 37574). Described then as showing 74,052 miles, with some nicks to the decent paint, decent chrome, a new, very nice top, and a clean trunk with no visible rust. The lollypops to the back bumper were straight, and inside there was a bad dash in need of replace to the otherwise excellent brightwork. Good glass and gaskets. The interior is well fitted and extra clean. Nice dash, carpets, and seats. Owner states the miles are original. Cond: 2. SOLD AT $15,275. I've rarely thought about owning a 914-4, but with examples as nice as this showing up, it becomes something worth considering. One can assume that this car will continue to appreciate if the miles are kept low and the condition is maintained. This is the type of “cheap” car you want to buy; a great example of a model with some desirability in the best condition and with a reputation of being inexpensive to operate. ITALIAN TOP 10 No. 4 #9-1930 ISOTTA FRASCHINI 8AS boattail convertible. S/N 1581. Eng. # 1599. Gray/dark green/gray leather. RHD. Odo: 25,942 miles. Bodied by Castagna. A magnificent motor car, last restored in the early 1980s. Some chips to the older paintwork, but most could be fixed to make the car last a few years past its resto-expiration date, which—if my guess is correct—is about now. The chrome remains very good, and the dulled bits will polish up. A very nice soft top, and the interior beneath it has an excellent patina. From the Franchi Collection. Cond: 3. SOLD AT $658,500. Rarely do automobiles come together so thoroughly. This car was beautiful to everyone who took it in, and from all angles in which they took it. Despite the putty gray coachwork and 82 some flaking chrome to the gauges. Underhood is very clean. From the Franchi Collection. Cond: 3-. SOLD AT $117,500. Coming dangerously close to the high estimate, this car had scads of pre-sale admirers and wannabe owners. Had I been Lancia shopping, I likely would have been one of them. Not everybody wants the freshest and newest example anymore, and here's proof. #16-1964 LANCIA FLAMINIA 3C 2800 Super Sport Double Bubble coupe. S/N 826232002132. Monza Red/black leather. Odo: 38,906 km. A older paint job that was well done, but has some issues, including light dings and some mottling. Good brightwork, though most gaskets are bad. The driver's door is currently out of adjustment and will not close, but my experts tell me it is an easy-to-cure latch adjustment. Which is entirely possible. Nice ment and lots of surface rust that would clean with steel wool. Changes since March 2005? The dash looks much better, although now it makes the poor sun visors stand out. And the windshield scratches more prominent. Cond: 3-. SOLD AT $14,100. A fresh gearbox rebuild, new clutch, and new brakes have been fitted as well. Not exactly a great return on investment to the owner, so let's hope he or she at least had fun while sorting this one out. AMERICAN #24-1926 FORD MODEL T tourer. Eng. # 13893640. Black/black vinyl/black. A 1970s restoration, and an authentic presentation to as-built condition, rather than overdone. Many recently replaced parts. Good paint, with a nice patina to the brightwork. Well-trimmed seats, though the door panels have some wrinkles. Good older top has the correct grain. Said to be in good running condition. Cond: 2-. SOLD AT $17,625. Despite a 30-year-old restoration, Sports Car Market

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Christie's Greenwich, CT Column Author this car presented well and very much looked the part of an authentic Model T, warts and all. Very likable, as well as quite reasonable at this price level. If you have a big garage and an empty space, perhaps now is the time to think about owning the car that put America on wheels. TOP 10 No. 8 #21-1930 PACKARD 734 Speedster roadster. S/N 184114. Eng. # 184120. Red/ tan cloth/tan leather. Odo: 52,085 miles. An older restoration on a very desirable example, a sought-after car with lots of pre-sale buzz. Fair to poor paint, with plenty of divots and some scrapes over a so-so job. All chrome is fair tory, where it belongs. As a trophy piece for a Packard collector, well done. #17-1932 LINCOLN MODEL KB rumble seat convertible. S/N KB47. Eng. # KB47. Blue & dark blue/tan cloth/red leather. Odo: 53,997 miles. Well restored, but now with some age wear. The paintwork could stand some color sanding, with lots of scratches and some pitting to the chrome. The older top has some fade, but the interior is very nice, with to poor, with lots of issues. Older top. Cond: 4. SOLD AT $455,000. None of the physical condition details were of much concern to any of the potential buyers. In fact, many were much happier to find this car in its older restored condition rather than freshly done. The Packard Speedsters in all models are desirable vehicles. The Speedster Roadster remains close to unobtainium in the precious metal scale of Packards. One of two known, with a fresh concours-quality restoration, this car could become a major prize winner. #19-1931 PACKARD 845 Deluxe Eight convertible. S/N 188684. Black/beige cloth/ black leather. Odo: 38,396 miles. A much older restoration, done to a lesser standard than acceptable today. Paint issues include scrapes and scratches, missing areas, and dullness. Most chrome is fair or better. Older top is in need of replacement. Side mounts; golf bag door. Older interior is still nice, with good excellent leather and good gauges in a fine dash. Cond: 3-. SOLD AT $158,625. Despite the graceful restoration, this car had very little sharpness or definition to it. I suppose a firstrate detailer could make this car pop, though I think the colors might have been part of the equation. Someone liked this massive convertible more than me, and that's fine. #4-1933 PACKARD STANDARD EIGHT Victoria convertible. S/N 719177. Eng. # 376978. Blue & french blue/tan canvas/beige leather. Odo: 65,665 miles. Bodied by Graber. An older restoration that presents well, but up close has plenty of flaws. Some light scrapes and plenty of age wear to the paint. Some cracking as well. Brightwork remains very good, even excellent in places. Older top is still serviceable, but no longer works for show. Very clean interior shows light patina to the leather, Burgundy & beige/beige cloth/beige leather. Odo: 5,033 miles. A nice restoration that was well-executed. The colors are not as popular as they once were, and that hurts the value. The paintwork is well done, with excellent chrome and top. Dual side mounts, driving lights. Very nice leather and wood, and the dash shows very well with good wood and bright chrome. Jump seats. Cond: 2-. SOLD AT $129,250. This Packard brought a surprisingly high figure. I would have expected a bit less, as this wasn't a dual windshield car. The new owner might be able to update the look by changing the fender colors from light to dark, as well as by replacing the beige top, which would make for a quick re-identification of the car. The sale price was high, but not hurtful. #27-1937 PACKARD 1502 convertible sedan. S/N 1063248. Eng. # 399991. Blue/tan cloth/tan leather. Odo: 1,594 miles. Perhaps a freshened older restoration, it looks ready (and appropriate) for touring rather than showing. Fair to good paint, with very sharp chrome. The top is nice but stained in places. Excellent patina to the leather and some chipping to the dashboard. Titled as a 1930, but correctly a 1931. Cond: 4. SOLD AT $235,000. Part of a three-car Packard collection, with each car a desirable example. These are among the most collectible of early Packards, and this is one of two Deluxe Eight 845s currently known to exist. Despite the older restoration, this car was able to pull into the mid-estimate terri- 84 good wood, and fair carpets. From the Franchi Collection. Cond: 3-. SOLD AT $111,625. A well-known and highly respected Packard expert pointed out something to me on this car he felt strongly about. The Packard folks don't necessarily see the exotic coachbuilder as an add; the original Packard body was handsome enough and didn't need any improving. That's his take, and though I did like the coachwork on this car, I can see his point. Not a bargain, but well bought. #20-1934 PACKARD 1104 SUPER EIGHT seven passenger phaeton. S/N 75011. interior, with roll-up divider window, great leather, and nicely finished wood. Cond: 3-. SOLD AT $105,750. At this result, the best way to describe this handsome Packard is a lot of car for the money. It has some ongoing restoration needs, but would make a great and useable classic for an owner who just wants to enjoy driving something both distinctive and elegant. #3-1949 CHRYSLER TOWN & COUNTRY convertible. S/N 7410244. Black & wood/tan canvas/tan leather. Odo: 52,130 miles. A restoration that wears its age well. Despite some pitting to the chrome, most is very good and bright. The sharp paint shows some light flaws, but is good enough to leave be for now. The top is well-fitted and more dirty than bad, but would need replacing for show. Light patina to the seat leather, with good Sports Car Market

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Christie's Greenwich, CT Column Author and the Lincoln emblem is missing from the trunk lid. The interior is very good and needs nothing for years more. Cond: 3-. SOLD AT $37,600. Early '50s Lincolns don't have the following some other marques from the era have. It's a shame that they aren't worth more in today's market. The savvy shopper will realize this represents an opportunity. Bought here at the top of today's market price, but still it seems a bit cheap. #38-1956 LINCOLN CONTINENTAL carpets and headliner, and some scratches to the dash. From the Franchi Collection. Cond: 3+. SOLD AT $82,250. Let's throw this one into the well bought column. I was expecting a price north of $100k, but this sale barely made it into the low estimate. Some of my favorite cars are older restorations that have held up well; it's a sign of a quality job. This car shows all those signs. #30-1950 FORD CUSTOM DELUXE convertible. S/N B0CH206814. Red & black/ black/red & black vinyl. Odo: 60,454 miles. Good paint and chrome. Bad fit to the fender skirts, with lots of gap issues at the doors and trunk. Interior vinyl is well-fitted, and the good dash is clean and fresh. Cond: 3-. SOLD AT $32,900. A resale red restoration, though it appears to have been done without a lot of passion. Part of me says this is a great deal, as $33k for a distinctive drop top driver is cheap. The other part of me thinks it would have been Mk II coupe. S/N C56D2702. Continental Beige/medium beige vinyl. Odo: 70,484 miles. Has a/c, the only option available. Nice paint and very good brightwork, complete with the hard-to-find and expensive original hubcaps. The clean interior looks right, except it's done in incorrect vinyl instead of factory leather. car that could easily be sold for a higher dollar tomorrow. A true bargain, I'm surprised this one did not bring substantially more. #42-1973 BUICK RIVIERA sports coupe. S/N 4Y87U3H511579. Cream/maroon vinyl/ maroon vinyl. Odo: 84,871 miles. 455-ci V8, 4-bbl, auto. Not a bad used car, but not the best either. Good paint and chrome. The window gaskets are getting old but are still good, and the vinyl top has no fit issues. Original interior is holding up well, and only light wear is noted. Good all over; a car that with a full detail and some light reconditioning could be taken to a show. Cond: 3+. SOLD AT $11,750. The “boattail” Rivieras are finally showing up on the radar screens of collectors. Their different look sets them apart from anything else built in the '70s. As an affordable and usable special interest ride, they are still easy to find in good shape. This looked to be a good example that was worth the high bid. Cond: 3+. SOLD AT $32,900. Perhaps if Lincoln had built more outrageous cars in the '50s than conservative ones, the Lincolns would now be more expensive as well as more iconic. The Mk IIs are handsome and elegant and not an attempt to see how much brightwork could be fitted on every corner. Well bought, but let's hope someone returns the interior to its original leather at some point. #32-1964 CHEVROLET CORVAIR Monza Spyder. S/N 40667W109122. Red/white/white. Odo: 97,316 miles. No smarter to pay perhaps $15k more for a better restored car. The schizophrenic part of me says I have to stop listening to those damn voices in my head. #36-1951 LINCOLN COSMOPOLITAN convertible. S/N 51LP12196H. Mocha Brown/ tan cloth/tan leather. Odo: 51,267 miles. An older, quality restoration with some age and wear issues. Good paint, though at the edges there are easy-to-find divots and scratches, and some areas show blends. The top is nice but shows age wear. Some chrome has visible rust, show future without some major expenditure, but a good looking driver. The paint could stand some color sanding, or at least a good buffing. The top is healthy, but needs a cleaning. Some dings and scratches to the chrome, with good glass. Interior looks nice, with good carpets, though the white vinyl could use a clean. Dash is nice but not fresh, and follows the theme of the car. Cond: 3-. SOLD AT $9,988. For an early Corvair, this example had it all. A Monza Turbo Spyder was nothing short of a high tech wonder in its day. Very well bought, this driver quality car is not only ready to use, but also a 86 for $134,500. It was the last New York City Checker Cab in service when retired that year. The seller at that time claimed that both Walter Cronkite and Muhammad Ali had been passengers in his cab, which he nicknamed “Janie.” No doubt an interesting collector's item, but without storage in zero humidity conditions, this could become a pile of yellow-colored metal flakes instead of a car quite rapidly. This was the car that caused the famous spike in Checker prices at the beginning of this century. Following that logic, does this mean that Checkers are now worth just 7% of what they used to be? It doesn't work that way, but it does provide food for thought. See article on p. 36.u Sports Car Market #22-1978 CHECKER MARATHON taxi cab sedan. S/N A11299882936E. Yellow/black leather. Odo: 14,836 miles. Overspray everywhere, including on the chrome and gaskets. Rust has progressed into rot, and parts of the car appear to be held together with paint and tape. Plenty of dings and dents as well, with visible body filler to most panels. The trashed interior is largely original, still with taxi meter and lights. Cond: 5. SOLD AT $9,400. This car famously sold at Sotheby's in 1999

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New Showroom Open! Call for info or personal appointment. (954) 646-8819 www.investmentmotorcars.net 2950 Glades Circle Unit 4, Weston Florida 33327 1966 Mustang “C” code Convertible, perfect restoration of a real Red car having a factory 4 Speed & A/C w/24 options! 73K miles $39,500. 1966 Shelby GT-350 serial # 6S747, full “R” spec, FFSA papers,sold new in Sweden,history from new, ready for any event,orig.parts included. Call for pricing 1967 Ford Mustang “GT”, Candy Apple Red, ordered new factory GT w/4 Spd.& A/C, Marti, beautiful restoration, rare investment. 59K miles $42,500 1968 Corvette 427/390 Coupe, matching #'s, fact. A/C & close ratio 4 Spd. (M-21), Silver w/ Gunmetal, power brakes, 64K miles. $39,500. 1969 Dodge Dart “383” GTS Convertible, a big block Dart w/a bench seat & a 4 Spd.,matching #'s, runs like new,ultra rare & rotisserie restored. $75,000. 1970 Plymouth Superbird “440” 100% original car including paint,top & interior; It has it's original #'s and only 18,000 original miles. Call for pricing. 1970 AMC AMX “390” Go-Pack matching #'s, 64K origiinal miles, “Shadow Mask” paint. 4 Spd., AM 8 Track, Ram Air Hood, Luggage Rack. Call for pricing. (file photo) Always buying, selling, trading & consigning... only minutes from the Palm Beach & Miami Airports

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Column Author Mecum Auctions Belvidere, IL Spring Classic Last year's $15.6m was big; nearly doubling that this year at $29m put the event at another level entirely Company Mecum Auctions Date May 25–29, 2006 Location Belvidere, IL Auctioneer Mark Delzell, Mike Hagerman, and Jim Landis Automotive lots sold / offered 571 / 979 Sales rate 58% Sales total $28,995,821 High sale 1962 Shelby Cobra Dragonsnake, sold at $1,601,250 Buyer's premium The star of the show takes the stage Report and photos by Daniel Grunwald Market opinions in italics Belvidere, IL T he Mecum Spring Classic has been gaining steam and prestige each year, and this event—the 19th— was no exception. The Boone County Fairgrounds bristled with more huge white tent spires than ever before, making the sale location visible from miles away. In fact, I don't think there was a tent left available for any other event in the state. Sporadic rain on the opening Thursday couldn't dampen bidders' spirits, with that day seeing a strong 80% hit rate on the cars that crossed the block. As the weekend progressed, the buying frenzy leveled off somewhat, though the overall sense of excitement never wavered. Of the 979 cars on hand, 571 traded garages, making a respectable 58% sales rate. But it was the total sales figure that told the real story here. If last year's $15.6m was big, then nearly doubling that this year at $29m was something else entirely. With so many cars to present, the auctioneers couldn't stop for too long on any one offering, but each car got its due time, and the pace never seemed too rushed or frantic. Plenty of Mopar metal crossed the podium, though it was Chevelles and Camaros that seemed to be in endless supply. By my count, 99 Camaros passed before the bidders, including 31 Z/28s. Similarly, 97 Chevelles were on hand, with the bulk of them selling. The star of the show, however, was a 1962 Cobra Dragonsnake. With a fully-documented and colorful history, it sold for just over $1.6m. Bidding was lively from start to finish, and created plenty of buzz in the tent. The few hot rods on hand seemed to struggle to reach their respective reserves, and none really stood out or generated the action they would have a couple of years ago. Something else that stood out here was the optimism of many sellers in the way they set reserves on cars that were restored to a good level, but not a great one. The best cars still brought the best money, but the average cars needed to be reserved reasonably, and many weren't. Plenty of choice meant that smart buyers could discriminate, and they did. Chalk up another win for Dana Mecum and his very competent crew. Again they presented some of the rarest and best muscle cars for auction, and again they moved them without missing a beat. At the end of the day, the dollar speaks for itself, and Middle America still holds its own against any of the giants in the classic car field.u $300 on lots up to $5,499; $500 on lots $5,500 to $9,999, 5% thereafter (included in sold prices) 88 Sports Car Market

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Mecum Auctions Belvidere, IL Column Author ENGLISH #U543-1948 ALLARD M1 convertible. S/N 81M834. Black/black cloth/black leather. RHD. Odo: 55,032 miles. Powered by a 231-ci Ford flathead V8. Some cracks and chips in the shiny paint. Most chrome is wavy and has dents, with the front bumper chrome peeling. New doors. Painted as a U.S. mail delivery vehicle. Most rust is painted over. Cracked tires. Cond: 4. NOT SOLD AT $14,000. The snowmobile option cost $395 in 1926. Pretty crude, but a conversation piece for sure. And just what is conversation worth today? The owner seemed to think it was more than $14k. I thought not, and the bidders agreed. #M38-1929 HUDSON MODEL R coupe. windshield is delaminating. Badly discolored carpets. Tray under dash is falling out. Tach doesn't work. Spare tire well is rusted through. Cond: 4. SOLD AT $3,300. Despite surface rust most everywhere, the floor pans looked surprisingly solid. This one had plenty of problems, but I'll call it a good project car that was only slightly overpriced. top. Decent interior, but not detailed. Cond: 3. SOLD AT $43,838. A rare and unusual RHD car that showed well in triple black. With a full ownership history and an older restoration that has entered its “driver” years, this Anglo-American hybrid will make for a unique conversation piece. GERMAN #S-35-1979 VOLKSWAGEN SUPER BEETLE convertible. S/N 1592043757. Red/white fabric/black vinyl. Odo: 1,542 miles. Several stone chips on the hood, but the rest of the paint shines. The rest of the car, in and out, looks like a car with 1,542 original miles car should. Cond: 2+. SOLD AT $20,475. JAPANESE #S508.2-1979 TOYOTA FJ40 Land Cruiser utility. S/N FJ40304347. Mustard/ gray. Odo: 53,849 miles. New paint shows well enough for a 4x4. Good glass, with new weatherstripping. Good original paint inside, with solid floors and new rubber floor coverings. Tears in the driver's seat. Dirty engine, with projects from the Tuzinski Collection. A very old restoration that is now failing fast. There is a lot of promise in this car, and this result speaks to that. Plenty of work ahead, but it could make the new owner a very handsome show car down the road. #U544-1953 PONTIAC CHIEFTAIN Catalina 2-door hard top. S/N P8X451218. Gray/gray. Odo: 18,305 miles. Highly optioned, inclduing a Continental kit and spotlight. Original mileage on a largely original car, still with the only interior it's ever had. What is new is the base and clearcoat paint job rust on the air cleaner. New carb. Winch controls on dash but no winch. Cond: 3+. SOLD AT $27,825. A nice example of a utilitarian cult classic. Most of these have been driven into the ground, or simply rusted away. This one brought very strong money, but not crazy. From the last production year, the story on this Beetle says that it was stored at a dealership and forgotten about until the dealership was sold. This was a tall price, but there should be plenty of room for profit if the buyer keeps it for a bit and doesn't add more than driveway mileage. ITALIAN #T15-1987 ALFA ROMEO SPYDER Graduate convertible. S/N ZARBA5644H1045693. Cream/tan. Odo: 22,004 miles. Driver's door looks to be ill fitting. That it won't open from the outside is proof. Faded paint with chips, marks, and other maladies. Top liner is pulling loose, and the 90 AMERICAN #U11-1926 FORD MODEL T Snow truck. S/N N/A. Green/black. A home-built body using common lumber yard wood, including plywood and pine house siding, with gate latches on the and the chrome. Slight wear on some trim bits, but excellent overall for its age. Strong mothball smell inside. Cond: 2+. NOT SOLD AT $35,000. This was a nice, well-optioned car. The market for these early '50s originals isn't the strongest, but this bid seemed a little light, so the seller was wise to pass. #U42-1954 CHEVROLET 3100 pickup. S/N H54L014021. Two-tone green/brown vinyl. Odo: 95,856 miles. Frame-off restoration to asnew condition, with excellent two-tone paint, though the cowl vent has a few small chips. Very nice oak bed and rails. Stainless bits show no marks or wear. Unusually optioned with a clock and spotlight. Speedo face is a little dull Sports Car Market S/N 845797. Dark blue/dark blue cloth. Odo: 56,792 miles. Fair paint, with small chips and cracks throughout. Chrome shows plenty of surface scratching and light pitting. Interior and rumble seat smell heavily mildewed. Cond: 4-. SOLD AT $21,000. One of the least scary

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Mecum Auctions Belvidere, IL Column Author in the otherwise well-fitted and clean interior. Cond: 1-. NOT SOLD AT $31,000. As classic trucks go, this was one of the nicest you're likely to find. Certainly the best example I've seen. This was a strong offer, and it couldn't have missed by much. Another few thousand should have done it. #U523-1957 CHEVROLET NOMAD wagon. S/N 57S140150. Blue/white/blue & black. Odo: 25,916 miles. 283-ci V8, 4-bbl, auto. Most paint is good, though the front edge of the hood shows numerous small chips. All chrome looks nice, with only light scratching. Blue/white/blue & black cloth. Odo: 5,195 miles. 350-ci V8, 4-bbl, auto. Vintage a/c. Front disc brakes. Very nice paint. New chrome and top. Dull antenna mast. Tinted glass. New interior, with slight dents on the right dash trim. Detailed undercarriage. Cond: 1-. SOLD AT $64,575. This was a good looking Bel Air, lightly hot rodded with a beefy 350. As presented, it's a great high end driver/show car, though it won't ever see the dollars that an original restoration would. Well bought. #S587-1959 CHEVROLET CORVETTE convertible. S/N J59S105958. Red/black/red vinyl. Odo: 97,239 miles. Driver's side hood fit is tight, as is the door gap at the trailing edge. Rear bumper chrome has issues, including pitting. Good original windshield surround chrome, but the glass itself has wiper scratches Excellent glass and brightwork. Interior shows well, with no fit issues. Cond: 2+. SOLD AT $48,300. When was the last time you saw a Nomad with factory air conditoning? This one had a few foibles, but the a/c was a big draw for interested parties. Well bought. #M30-1957 FORD THUNDERBIRD convertible. S/N D7FH241339. Green/white vinyl. Odo: 37,407 miles. Originally finished in Dusk Rose. Lots of Bondo. All paint, chrome, trim, glass, vinyl—basically anything came through a car wash. Cond: 3-. NOT SOLD AT $9,200. This was probably one of the rarest cars present, and it looked really good from 25 feet. But I would run, not walk, away from this one. An example of the “fluffand-buff” restoration technique. This was the best offer this car will ever see. and stone chips. Windshield package tray is hanging loose, and one top snap is missing. Cond: 2-. SOLD AT $63,000. This was a nice enough car with decent paint. There was nothing seriously wrong with it, but the minor issues mean that for now it's a driver. And there is certainly nothing bad about a '59 'Vette for weekend cruising. Bought and sold fairly. TOP 10 No. 1 #S511-1962 SHELBY COBRA Dragonsnake roadster. S/N CSX2019. Light blue metalflake/blue metalflake HT/black leather. Odo: 9,106 miles. 289-ci V8, 2x4-bbl, 4-sp. Chips, bubbles, and small cracks in the paint. Hard top paint doesn't match the rest of the car. Windshield is delaminating, and the weatherstripping is cracked. Sun tach screwed onto the dash. Hurst shifter. Turbo headers. Halibrand wheels. Somewhat tattered exposed to the atmosphere—is dilapidated. It really is worse than the photo shows. And that smell... Cond: 6. SOLD AT $5,600. Part of the Tuzinski Collection, this flightless ‘Bird was good for about six parts. Let's see, at $5,600, that comes to just over $933 per part. And get the rodents absolutely free! #F590-1957 CHEVROLET BEL AIR Resto-mod convertible. S/N 057T240654. 92 AT $375,000. A late production car with rack-and-pinion steering that has been nicely restored. This car had some major accident damage in 1975 and numerous body panels were replaced as a result. There was no attempt to hide that history, and the bidders responded. But the seller didn't respond to them. This was the right money for this car. Sports Car Market #S521-1963 SHELBY COBRA 289 road- ster. S/N CSX2215. Red/black. Odo: 6,385 miles. 289-ci V8, 4-bbl, 4-sp. Tight gap at hood's trailing edge. Very nice paint, with slight pinholes on the nose, but no real issues. All chrome is clean and mark-free. Spiffy, spartan interior shows well. Clean engine, though not concours. Cond: 1-. NOT SOLD in this as-raced condition. Cond: 4. SOLD AT $1,601,250. If you looked closely, you could see remnants of the original red color beneath the metalflake. Designated initially as a Shelby PR car, it was the first of only six Dragonsnakes built, turning the 1/4 mile in 11.73 seconds. Subsequently seen in the movie “Viva Las Vegas,” wearing the number 98. Far too important to restore, the battle scars gave it much character. And the sale price gives it a place in history, fully $900k more than the last recorded sale of a Dragonsnake, S/N CSX2472 at RM Boca 2006 (SCM# 40899). #F161-1963 RAMBLER AMERICAN convertible. S/N B519286. Brown/white/ brown. Odo: 5,656 miles. New paint shows all evidence of a quickie job. New top fits well. Loose side windows. Seat bottoms are crooked. Dash and console show holes, cracks, and other wear. The engine looks like it just

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Mecum Auctions Belvidere, IL #S518.1-1963 CHEVROLET IMPALA Column Author Z11 2-door hard top. S/N 31847F169799. Silver/black/cloth. Odo: 1,081 miles. 427-ci V8, 2x4-bbl, 4-sp. Soft dent on the front of the aluminum hood. New paint and chrome. Another Elvis movie car, this one from the film “Spinout.” This example was one of the first competition models that wasn't pre-sold when it left the factory. Two years ago at this sale (SCM# 33950), it failed to sell at $650k, with the SCM summary, “Cobras are doing well, but $700k with commission is clearly pushing the value envelope.” Oh, how the times change. #S74-1965 SHELBY COBRA Replica Visible glass scratches. Nice new interior with radio delete. Cowl induction factory 427 engine. Cond: 1-. SOLD AT $325,500. Boyd Coddington did the restoration on this exReggie Jackson car. Never tubbed or caged. The Z11 drag package saved over 100 lbs, with liberal use of aluminum. The car ran at the '64 and '65 Winternationals as the Gray Ghost. This was big but retail money for a rare, potent Impala. #S38-1964 PONTIAC GRAND PRIX 2-door hard top. S/N 894P248329. Maroon/ black vinyl. Odo: 34,944 miles. 389-ci V8, 4bbl, auto. Good paint and chrome. Very nice interior. Whitewall tires could use a cleaning. mirror. Cond: 2-. NOT SOLD AT $29,000. Cobras are the most copied kit car in the world, with five or six dozen companies vying for a piece of the legend. Despite the unending supply of look-alikes, it hasn't seemed to hurt the prices on the real deal too much, as some of this weekend's examples proved. And anyway, why drive a fake for $30k to $50k when you can have the real thing for ten or 20 times as much? Excellent engine and bay. Cond: 1-. SOLD AT $35,700. A sporty luxo-cruiser with low original miles. Presented with several Pontiac Oakland Club Awards. Driven only 900 miles since it last sold at Russo and Steele Scottsdale in January 2003, for $23k (SCM# 30346). A nice sleeper investment. TOP 10 No. 2 #S519-1965 SHELBY COBRA roadster. S/N CSX3011. Red/black. Odo: 557 miles. 427-ci V8, 4-bbl, 4-sp. Very good paint on straight panels. Driver's door gap is off. Discoloration on side exhaust paint. Naugahyde seat covers are coming loose, but the interior is otherwise clean and tidy. Cond: 2+. SOLD AT $955,500. top, and interior, all of which are done to a very high standard. Cond: 2+. SOLD AT $60,900. The Hi-Po engine, four-speed manual, and soft top made this a most desirable Mustang. And the seller was rewarded for his efforts to make it shine. Big money here, and very well sold. #S31-1966 CHEVROLET CORVETTE convertible. S/N 194676S112496. Silver/black ST, silver HT/black vinyl. Odo: 83,572 miles. 427/425, 4-bbl, 4-sp. Power brakes, knock-offs, transistor ignition, power windows, telescopic wheel. Very nice paint. Hard top trim shows a few small dents. New chrome and interior. 94 #F589-1965 FORD MUSTANG GT convertible. S/N 5F09KZ48826. Orange/tan. Odo: 60 miles. 289-ci V8, 4-bbl, 4-sp. Original K-code car with matching numbers. Some waviness on looking down the sides. New paint, roadster. S/N OREC2BA150U00502WI. Acapulco Blue/black. Odo: 5,349 miles. 302ci V8, 4-bbl, auto. A “Deluxe Pallet Kit” by Unique Motor Cars, built in 1990. Some pinholes throughout the paint. Dull grille surround chrome, and rust on the chrome sidepipes. Windshield is chipped in places. Talbot racing Wear to the a/c and radio knob trims. Detailed chassis. Said to be numbers matching. Still has its original spare tire. Cond: 2+. SOLD AT $95,550. The last owner had it for 33 years. This 'Vette was clearly loved and well-taken care of. Bidders eat that up, of course. They also like this powertrain, and the sale price represented a fair deal for all involved. #S144-1966 FORD MUSTANG convert- ible. S/N 6F08C156584. Emberglow/white/ Emberglow & white vinyl pony interior. Odo: 5,526 miles. 289-ci V8, 2-bbl. New paint, interior, and top, with excellent top fit. Some pitting on the exterior chrome trim, but the bumpers are new. The interior shows a few trim issues but nothing serious. Cond: 2. SOLD AT $26,250. This one looked pretty good and held a magnet everywhere. If a two-barrel car with an automatic sold for this price, you know it had to be a nice car. But this was the top end. #S118-1967 OLDSMOBILE 442 convert- ible. S/N 338677M252353. Yellow/white/ cream & vinyl. Odo: 42,511 miles. 400-ci V8, 4-bbl, 4-sp. Panel gaps are variable, with door fit issues to match. Newer paint is thick in places, thicker in others. A few chips and quick masking flaws as well. New top fits well. Interior is clean, but the dash chrome is worn off and the steering wheel is loose. Cond: 3+. NOT SOLD AT $50,000. Not many of these full-size performance convertibles have survived. This example looked good enough, and the 4-speed helped. More than anything, however, the details let it down. Because of that, the offer was fair. Sports Car Market

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Mecum Auctions Belvidere, IL Column Author #S508-1967 CHEVROLET CHEVELLE convertible. S/N 138677B134459. Butternut/ black vinyl/black vinyl. Odo: 911 miles. 396ci V8, 4-bbl, 4-sp. Variable gaps, with some panels sitting slightly off. Some noticeable prep flaws in the paint. Good chrome. Redlines and Rallye wheels. 4.10 posi rear end, so no concours or just to cruise in. Most shades of green don't hold popularity well, but this hue was an exception. Still popular, it worked well on this car. The whole package worked well, and this retail result is proof. TOP 10 No. 10 #S514-1968 CHEVROLET CAMARO Yenko 2-door hard top. S/N 124878N413680. Fathom Blue/black vinyl. Odo: 54,193 miles. 427-ci V8, 4-bbl, 4-sp. From the Bob Trez Collection. Pontiac Rally II wheels. Factory power disc brakes and AM radio, dealer-installed optional StewartWarner tach and gauges. Hood gaps are very #S541-1969 CHEVROLET NOVA SS 2-door hard top. S/N 114279N485277. Blue/blue. Odo: 70,469 miles. 396-ci V8, 4-bbl, 4-sp. Fresh factory-correct restoration, with flawless paint, and fully rebuilt, rare L89 engine with aluminum heads. Claimed to be numbers matching. As-new interior. Redline power tour here. Car card indicates the engine is a CE code warranty replacement. Cond: 2. SOLD AT $53,500. AACA 1st Junior and Senior Awards. Hardware like that always seems to help out when it comes time to sell. This example was no exception. #S65-1968 CHEVROLET CAMARO SS 2-door hard top. S/N 124378L312470. Ermine White/black vinyl/parchment vinyl. Odo: 11,369 miles. 396-ci V8, 4-bbl, auto. Said to be one of approximately 50 cars built with the MR-code L34 350-hp engine, M40 transmission, and C60 a/c. The hood sits slightly high wide. Fiberglass hood scoop is rough. Good paint throughout. Clean interior, and as-new undercarriage. Awarded 997 points out of 1,000 at Chevy Vettefest. Cond: 2+. SOLD AT $367,500. The appeal of the pony car is at an all-time high. And the appeal of the Yenko cars tops the list of desirables. This was a great car—not perfect, but well restored and documented. And worth this retail price. #S534.1-1968 PLYMOUTH at the rear. New paint and chrome show very well. Good interior. Detailed undercarriage and engine. Cond: 2. NOT SOLD AT $43,000. A well-optioned Camaro that was clean and wellpresented, though the color scheme lacked any real eyeball. I'd call this a fair offer. #F538-1968 CHEVROLET CAMARO Z/28 2-door hard top. S/N 124378L334113. Green/black. Odo: 30,391 miles. 302-ci V8, 4-bbl, 4-sp. Detailed engine is claimed to be numbers-matching. Good panels, gaps, and paint, with some orange peel and pin holes. Exterior and interior chrome show minor pitting. Gauge lenses are cloudy. Trim on inside of driver's A-pillar loose. Cond: 2. SOLD AT $64,050. This was a nice car for a local BARRACUDA Hemi 2-door hardtop. S/N B029M8B299111. Blue/black. Odo: 1 miles. 426-ci V8, 2x4-bbl, auto. Wide panel gaps, but good paint and chrome. Graphics are well-applied. Some scratching to most glass. Cheap bucket seat interior is in good condition for a race car. Keystone mags with fats and skinnies. Assorted memorabilia included. Cond: 3+. NOT SOLD AT $400,000. A “Mr. 5 and 50” drag racer driven by Jack Werst from tires. Cond: 1. SOLD AT $63,525. The Nova SS seems to be a little undervalued in today's market. Examples like this one should set the standard and help to rectify that. It was obvious someone put a lot of work into a fairly plain Jane Nova SS, albeit one with a choice engine option. Small block Corvette money here. #T128-1969 CHEVROLET CAMARO Z/28 2-door hard top. S/N 124379N673872. Silver & black/black. Odo: 61,623 miles. 302ci V8, 4-bbl, 4-sp. Some variable gaps, but nothing to make one worry. Good paint, though not perfect. Good chrome and glass. Driver's seat bottom stitching is coming loose. Clean engine, with surface rust on the manifolds. Undercarriage is painted but not detailed. Cond: 3+. NOT SOLD AT $53,000. This one had all the markings of a good driver. It'll do as a local show car, but a pretty serious detail and then some is required to step it up. This seemed like a fair offer for the condition. #T12-1969 FORD MUSTANG BOSS 1968 through 1970. Named after the 5-year, 50,000-mile warranty program that Chrysler had at the time. Advertising that warranty program on a Hemi race car may not have been the smartest way to sell those cars. They dropped the warranty after a short but expensive few years. These old racers have been a casualty of sorts of the muscle car craze. No one can seem to figure out just what they are worth. More than $400k, in light of the current trend, but how much more is the real question. 96 429 2-door hard top. S/N 9F02Z164743. White/black vinyl. Odo: 71,724 miles. 429-ci V8, 4-bbl, 4-sp. The door gaps vary, but that's not so unexpected. The hood also sits wide and high at the rear. Good chrome. Good interior. Clean engine. Cond: 2. SOLD AT $170,100. Sports Car Market

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Mecum Auctions Belvidere, IL Column Author Not perfect, and lacking pop in this color. But a very presentable Boss all the same. And this strong sale price justified it. Well sold. #S558.1-1969 CHEVROLET CAMARO ZL1 2-door hard top. S/N 124379N620923. White/blue. Odo: 63 miles. 427-ci V8, 4-bbl, 4-sp. Fitted with aluminum heads and Chevy's ZL1 aluminum block. Light paint area on the hood. All chrome is nice and bright. New bare bones interior, with plastic wood rim wheel. Passenger side glass has scratches. Said to have its original block and original 4-speed. washer bottle has hole in top. The “H” in the VIN indicates a 340-ci V8, while the date code on the current Hemi engine suggests 1966. Cond: 2-. NOT SOLD AT $75,000. Used in the movie “2 Fast 2 Furious,” then sold to the Volo Auto Museum. Offered in conjunction with another car from the movie, though neither sold. #S584-1971 PLYMOUTH 'CUDA 440 worn fuse access door. Rust on the inside rear view mirror. Engine is clean but not painted or detailed. Cond: 3+. SOLD AT $120,750. This car's whitewall tires did nothing for its appearance. As Superbirds go, there are certainly better examples out there. This one did well to get this result, given its condition. Some thorough detailing will surely bump it up a notch. #S545-1970 CHEVROLET CHEVELLE Cond: 1-. NOT SOLD AT $650,000. Fresh from a thorough restoration and presented with COPO paperwork. Previous sales for these rare Camaros include an $840k sale price at Mecum Fall Classic 2005 (SCM# 39570) and a $354k price for a rebodied car at B-J 2006 (SCM# 40402). So this one fell smack dab in the middle. Hard to say how much more this seller was hoping for, but another $50k to $75k isn't too unreasonable. #F555-1970 DODGE CHALLENGER Hemi 2-door hard top. S/N JS23ROB245618. Black/black vinyl. Odo: 81,644 miles. 426-ci V8, 2x4-bbl, auto. Very nice paint is shiny and smooth throughout—better than factory. Side windows show some light scratches. Good exterior chrome. Interior trim is missing a few bench seat that shows no wear. Cond: 1-. NOT SOLD AT $400,000. Only the less-than-excellent factory paint made this a #1-. This kind of originality and those low miles trump all, but the lack of bucket seats, a floor shifter, or cowl induction may have weakened the high bid somewhat. If you can call $400k on a Chevelle weak. But the owner decided half a million would make him feel better, so he kept the keys. #S529.B-1970 DODGE CHALLENGER screws, but otherwise everything inside looks sharp. Cond: 2+. SOLD AT $210,000. In 1970, including the $778 Hemi option, this was a $4,800 car. This example, presented with full ownership history and Govier paperwork, cost considerably more. Challengers don't generally bring ‘Cuda prices, but $210k is nothing to sneeze at either. #T26-1970 PLYMOUTH SUPERBIRD 2-door hard top. S/N RM23VOA9706. Orange/black vinyl/black vinyl. Odo: 52,551 miles. 440-ci V8, 3x2-bbl, 4-sp. Paint looks good, but isn't fresh. Panel gaps are as good as they can be. Decent vinyl top. Headliner has a hole in it. Spare fuses in the glove box and well Hemi 2-door hard top. S/N JH23HOB186933. Orange/black vinyl/black/vinyl. Odo: 94,282 miles. 426-ci V8, 4-bbl, 4-sp. Driver's door sits wide at the bottom. The vinyl top has a few lumps. Good paint and graphics. Front bumper and trims are misfit. No trim tag. Windshield 2-door hard top. S/N 136370A135886. Red/ black vinyl. Odo: 28 miles. 454-ci V8, 4-bbl, auto. A time-capsule car, and documented as having only 28 original miles. Factory LS6 engine with 450 hp. Some dull paint with minor scratching visible, but all panels, gaps and chrome show well. Clean interior, with a Clone convertible. S/N BH27C0B120331. Yellow & black/black/black cloth. Odo: 1,356 miles. 440-ci V8, 3x2-bbl, auto. The “C” in that VIN would indicate a 225-ci slant six once lived in there. No more! Nice paint and new chrome, with straight panels that fit well. Side glass has scratches. Nice cloth bucket seats and interior. Detailed engine with Shaker hood. Missing trim tag from inner fender. Cond: 2-. NOT SOLD AT $90,000. Presented about as brightly as they come, and now sporting matte billboards on its sides. The original six must have looked like a squirrel in a wheel in that gaping bay. The missing trim tag bothered me, and it apparently bugged the bidders as well. #S63-1987 BUICK GNX 2-door hard top. S/N 1G4GJ1177HP447436. Black/gray cloth. Odo: 340. Only 340 documented original miles. Virtually a new car, with flawless paint, glass, and interior. Undoubtedly bought new (one of 547 built) and stored as an investment. Cond: 1. SOLD AT $84,000. These cars had a sticker price new of $29k, and the GNX option represented nearly eleven grand of that. No one paid that, of course, as they were marked up higher by the dealers that carried them. They represented the king of American muscle in 1987, turning the 1/4 mile in 13.5 seconds, and many were bought on speculation and tucked away. This was a prime example.u 98 Sports Car Market

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Column Author RM Auctions Novi, MI Michigan International Spring Classic Novi was full of bargains, one of them a very original 1963 Studebaker Avanti that brought $17,655 Company RM Auctions Date April 28–30, 2006 Location Novi, MI Auctioneer Brent Earlywine and Phil Faulkner Automotive lots sold / offered 106 / 233 Sales rate 45% Sales total $1,252,168 High sale 1946 Ford Super Deluxe station wagon, sold at $82,390 Buyer's premium 7% (included in sold prices) The big-selling woody wagon Report and photos by Norm Mort Market opinions in italics I Novi, MI t's always fascinating to cover RM's spring auction in Toronto and then, a few weeks later, the same enthusiast-style sale in nearby Novi, Michigan. The two auctions should be quite similar, yet the cars, crowds, and results are always different. The new Rock Financial Showplace is the perfect venue for a big sale, and in many respects is very similar to Toronto's International Centre. Lots of good lighting, lots of parking, and lots of room to maneuver around the assembled consignments. While both sales and attendance increased this year at the Toronto sale over last spring's effort, Novi was a much quieter affair. Attendance held steady, but sales fell off somewhat. Fifty-five fewer cars were consigned this spring, and perhaps as a result of the narrower choice, 53 fewer cars sold. Total sales dropped as well, from $2.5m to just under $1.8m. Any number of factors can contribute to such a vari- ance from year to year. Last year, I wrote that a fluke snowstorm might have kept the bidders away. But this year perhaps it was the warm, summer-like weather that did it. Also, RM omitted the Friday night portion of the sale this year, so perhaps that played a part as well. The big seller of the weekend was a 1946 Ford Super Deluxe Woody wagon, which also served as the catalogue's cover car. It hammered sold for $82,390. 100 Also selling well, but by no means out of the ballpark, was a 1970 Dodge Super Bee 440. Still with its original sheetmetal and freshly restored, it made a reasonable $65,500. Its only drawback—for purists, anyhow—was its warranty replacement transmission, which was correctly date-coded for 1971. Novi was full of bargains, and one such car was a very original 1963 Studebaker Avanti. With just 63,000 easy miles on the clock, it was hard to find many faults, and it sold for $17,655. Another solid buy was a 1929 Ford Model A roadster showing the signs of an older restoration. With all the trimmings, it sold for $17,441. Though most cars on hand came from the American '50s, '60s, and '70s, one pre-war stunner was a 1937 Pierce-Arrow Model in unique 1702 Metropolitan town brougham form. Just 137 were built, but it seemed Novi presented the wrong crowd for such a car, and the bidding stalled at $65,000. Like the old maxim goes: “You can't predict the weather.” Despite the rather lackluster results this time around, those in attendance showed no signs of anything but car-buying bliss. RM does a good job of keeping its smaller, regional sales well stocked, and this spring Novi auction should not be considered anything more than an “off” result.u Sports Car Market

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RM Auctions Novi, MI Column Author AUSTRALIAN #SP21-1935 STUDEBAKER DICTATOR 2A phaeton. S/N 5508161. Red & maroon/beige cloth/carmel leather. Odo: 84,672 miles. An Australian-built car. Rear-mounted spare, wide whitewall tires. Striking, older two-tone paintwork still looks good. Runningboard rubbers are cracking. Chrome is very good to excellent, with some rust evident on the metal spoke wheels. of bondo in the body. The frame is suspect, as both doors fit poorly, and the driver's door is heavily scratched. Aftermarket wooden steering wheel in the original, aging black vinyl interior. Decent black vinyl top, but poor fit with the old plastic windows. New trunk rubber, but all other rubber is original and tired. Tarted up engine and engine bay. Cond: 4+. NOT SOLD AT $4,000. The bird poop on the back of the driver's seat and over-Armor All'd vinyl top didn't help enamor this TR6 to bidders. No one was fooled and the top bid reflected the market value for a car in this condition. New front rubber mats and rear twist carpet with lovely leather seats. Older paint and detailing underneath and in the L-head engine bay. Cond: 2+. SOLD AT $39,590. Phaetons were not built in the U.S., so those that ended up here were converted to LHD when imported. This was a good example of early Raymond Loewy styling in an original RHD Australian model. A rarely seen and quite driveable Studebaker bought at a very fair price. ENGLISH #SP99-1965 BENTLEY S3 saloon. S/N B14JP. Maroon & black/red leather. RHD. Odo: 10,938 miles. Painted a non-original color, with bubbling around the window bottoms, rust blisters, dirt, and cracking around the trunk and C-pillar edges. Poor left front door fit. Scratched original chrome, particularly on the front bumper. Minor cracking of the red #400-1975 MG MIDGET convertible. S/N GAN6UF166075G. Mustard/black vinyl/brown vinyl. Odo: 52,383 miles. Original rubber bumpers are faded, as is the worn paint, except for resprayed Rostyle wheels with new trim rings. Original, worn, discolored brown carpet and brown vinyl seats with dissolving foam. Black vinyl seats appear to be understuffed. Contrasting orange wheels had oxidized rim rings. Cond: 2+. SOLD AT $33,170. Although a great looker, I'm not so sure this color combo was original. A healthy price, but if this was the Buick of your dreams, you could spend a lifetime of sleepless nights finding another, so well bought. #SP14-1929 FORD MODEL A roadster. Aftermarket stereo, collapsed visors, and aging top. Original, untouched worn engine compartment, but a newly resprayed black underside. Cond: 4+. SOLD AT $2,750. Reportedly just four owners and original low mileage, yet it appears to have led a hard life. The owner wanted four grand, but this bid seemed like more than enough considering the condition. #NR06-1976 JAGUAR XJ6C coupe. leather seats. Fading carpets and light wear to the driver's side. Interior wood is still very decent. Freshened-up under the hood. Resprayed black underneath over flaking rust. Cond: 3-. SOLD AT $14,500. Henry Royce would not be happy with the paint and Rolls would be rolling over in his grave. Still a fair price for the new custodian of a classy Bentley, but it could all be for nought if all the mechanicals prove to be just as ungainly. #642-1970 TRIUMPH TR6 convertible. S/N CC51732L. Silver/black vinyl/black vinyl. Odo: 63,803 miles. Shiny paint, but evidence 102 S/N UG2J50300BW. White/black vinyl/blue leather. Odo: 56,639 miles. The paint is worn and baked, with peeling on the lower quarters. Minor dings and poor hood fit, but solid overall. Original chrome is worn thin and shows no luster. Original blue leather seats are re-dyed but all cracked. Non-matching lighter blue door nice patina. The interior shows minimal wear, with a non-original gearshift knob. Basic undercarriage detailing requires a freshening. Engine detailing is very good. Cond: 2. SOLD AT $17,441. This was an older restoration, aging gracefully, yet still a real eye-catching example with its black and yellow beltline and matching yellow wire wheels. An excellent buy for the new owner and a safe investment at the price. Sports Car Market S/N 1974425. Red & black/tan cloth/brown vinyl. Odo: 36,902 miles. Quail radiator cap, grille guard, runningboard steps, windwings, rumbleseat, wide whitewalls, rear mounted spare. Paintwork shows touch-ups, with a few more needed. Good brightwork, and overall a panels. Engine is all original and looks it. Cond: 4. SOLD AT $2,675. Looked like it was painted by an old master. And is now cracked beyond belief. Hopefully, this was bought for its body panels. Although coupes are rare, they are not embraced by enthusiasts, and are thus a tough sell. This seemed like a lot even for a parts car. AMERICAN #SP23-1926 BUICK MASTER SIX con- vertible. S/N 1660256. Brown & black/black vinyl/black vinyl. Odo: 9,109 miles. Cowl lights, mirrors, golf door, dual rear spares. Unusual two-tone paintwork with black fenders suffers from minor prep and dirt issues. Orange overspray is evident at the front. Painted and detailed underside and engine, with minimal wear.

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RM Auctions Novi, MI Column Author #SP25-1937 PIERCE-ARROW 8 Brunn metropolitan town car. S/N 2610047. Silver & black/black vinyl/red vinyl & gray mohair. Odo: 36,482 miles. An older restoration showing some wear, scratches, touch-ups. Older chrome with minor pitting and dings in trim. Dash and interior wood still look great. Minor scuffs on ideal as a driver and a bargain at the price. Not much TLC needed and it's off to the local car shows. Well bought. #SP15-1956 FORD THUNDERBIRD con- the driver's vinyl seat, but the rear mohair appears to be excellent. Chassis is painted basic black. Some wear under the hood. Cond: 2-. NOT SOLD AT $65,000. A beautiful classic, and one of only 137 cars built, this unique town car stalled at $65k. RM offered it earlier this year at Amelia Island, where the owner turned down $70k. Either bid should have sold the car. #SP01-1946 FORD SUPER DELUXE Woody wagon. S/N 99A1155758. Maroon/ black vinyl/butterscotch leather. Odo: 67,309 miles. A mix of original and restored bits, with older paint showing only polishing scratches and all original wood refinished and aging gracefully. New black vinyl top. Chrome hood strips are pitting, but all other chrome is excellent. vertible. S/N P6FH160761. Coral blue/white vinyl/blue and white leather. Odo: 625 miles. 312-ci V8, 2-bbl, auto. Hard top, rear mounted spare, T&C radio, pw, ps. Body-off rotisserie restoration with fully painted, detailed undercarriage. Front and rear bumpers are excellent. miles. 327/365, 4-bbl, 4-sp. Shows a newer ground-up restoration, with only minor polishing marks in the paint. Older chrome bumpers. Nice new interior and carpets. Side exhaust, with basic detailing underhood. Basic black undercarriage. Cond: 2. SOLD AT $39,590. A good buy for a lovely 'Vette in not-so-popular green. The owner was happy, and I'm sure the buyer was, too. Minor efforts will bring the value of this car up. #SP111-1965 PONTIAC GTO 2-door hard top. S/N 237375Z100934. Maroon metalflake/ black vinyl & cloth. Odo: 42,598 miles. 389-ci V8, 3x2-bbl, 4-sp. Excellent non-original paint. Chrome and stainless are original and scratched. Dented trim rings. The dash is chipped and touched-up, and the newer black carpet requires some refitting. New headliner and decent Scratches to windshield chrome at base, fender skirt stainless, and door handles. New carpets and seats. Fully detailed engine. Cond: 1-. NOT SOLD AT $48,000. This was one of only two Little ‘Birds offered. The other, rougher example only reached $14,750. This was a nice car that fell short of its market value. Another $3k to $5k should have done it. #SP02-1962 CHEVROLET CORVETTE Like-new LeBaron Bonney butterscotch leather interior and front rubber mats with carpet inserts. Painted basic black undercarriage featuring a Columbia rear end. Detailed Flathead engine. Cond: 2+. SOLD AT $82,390. Rare with a 3rd row seat providing room for eight, this Woody deserved the big money. Cover girls always do well, and this RM catalog cover car continued the trend. Well sold. #NR09-1953 DODGE pickup. S/N K6753785014828. Copper Red/red velour. Odo: 90,929 miles. Mildly custom. Poor paint around the windows, and chips on the hood, but overall good. All original chrome and brightwork show age. The door handle spins like a propeller. Headlamp bezels are over-buffed. The velour interior is holding up well. Older detailed V8 with Edelbrock valve covers and air cleaner. The underside is painted black and mud splattered. Cond: 3. SOLD AT $5,885. A little worn around the edges, this older mild custom was 104 knock-off style wheel discs. Fully detailed engine, with undercarriage painted basic black. Cond: 2. SOLD AT $52,430. Properly described as an “excellent running driver,” this 3,000-mile-old resto was a great deal for both parties. As an investment, it sure seemed safer than stocks. And a lot more fun. #SP40-1965 CHEVROLET CORVETTE convertible. S/N 194675S111309. Metallic green/tan vinyl/tan leather. Odo: 67,529 Sports Car Market convertible. S/N 2087S102009. White/black vinyl/red vinyl. Odo: 25,365 miles. 327/360, FI, 4-sp. White paint still looks good, with a new black vinyl top fitted. Red interior shows minimal wear. Chrome shows some wear and scratches, but is still nice. Factory wheels with seats. Metal door caps are painted poorly in flat black. The Tri-Power looks original underhood. Chrome valve covers, with spliced wires and peeling paint. New inner fenders. Cond: 3+. NOT SOLD AT $20,250. Described as a “full resto” with “teaque” steering wheel, but that was more than optimistic. The bid was perhaps a bit low, but it reflected the lack of documentation and condition. #SP19-1966 FORD MUSTANG GT con- vertible. S/N 6R08A175932. Red/white vinyl/ tan vinyl. Odo: 63,721 miles. 289-ci V8, 4-bbl, 4sp. A-code engine, Rally instruments, console, trunk rack, fog lamps, woodgrain steering wheel, tinted windshield. Less than fresh paint, with dirt in the door and scratches on the left front fender. Door bump strip added to doors—partially to hide poor fit of the driver's door? New

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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 1962 Ferrari 250 GTE. Tight, excellent running rust free car. Largely original interior, Marchal driving and head lights, original owner's handbook, spares and receipts. $110,000. 1959 Ferrari TdF Recreation. Beautiful and faultless 14louver example. Correct 128D engine and drum brakes. Exquisite detailing throughout. FIA papers and documentation. $375,000. 1958 Alfa Romeo 1900 CSS. West Coast car with three owners from new. Fourth from last built. Sound proven event car with 8,000 miles on drive-line rebuild. $98,500. 1966 Ferrari 330 GTC. Rebuilt engine and new paint. Restored Borranis with new XWX's. Records, books, jack, tools and spares. Additional examples in stock. $210,000.

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RM Auctions Novi, MI Column Author chrome except for the luggage rack, and original windscreen stainless. New tan vinyl interior looks too new. Engine is painted and detailed. Cond: 2. SOLD AT $34,240. Red paint with a tan interior has never done it for me, but at least one person wanted this well-equipped ragtop GT, and it was quickly bid to above what I felt was the value. Strong price for the condition. #469-1966 FORD F100 pickup. S/N F10YL791156. Turquoise & white/black, white, & turquoise. Odo: 12,376 miles. Aftermarket a/c, ps, and pb. Minor paint flaws, including cratering, bubbles, and prep imperfections. Painted inside and out. New tri-color seats, minor wear on dash trim only. New chrome bumpers, door some detailing. New floorpans. Cond: 2-. NOT SOLD AT $19,000. Nice, clean, and straight. Just the way a ‘Stang should be. But the Lo-Po engine and slushbox aren't to every enthusiast's liking. This bid was not far from the truth. #SP36-1968 PLYMOUTH GTX 2-door handles, and badges. Rebuilt engine, with new exhaust manifold, 4-bbl carbs, Ford Racing valve covers, and header. New wheels, tires, and battery. Cond: 2-. SOLD AT $12,840. Although not perfect, this was a lot of truck for the money. Well bought, and it will cruise well and turn heads at the same time. Now that's dual-purpose. hard top. S/N RS23J8G225124. Green metalflake/. Odo: 57,649 miles. 426-ci V8, 4-bbl, 4sp. Some scuffs and dirt in the paint. Rechromed bumpers with original grille, door handles, bezels, and more. Fresh interior with Pioneer speakers in the rear window. Sprayed black underneath, with basic detailing underhood. Cond: 2-. NOT SOLD AT $46,000. Lack of any real visual pop, as well as any info on originality, #429-1967 FORD MUSTANG fastback. S/N N/A. Red/black vinyl. 289-ci V8, 2-bbl, auto. Decent red paint with minimal imperfections. Some new chrome, including the reverse wheels and threshold plates. Pitted vents and windshield trim are dented. Mostly original interior, with the center console showing minor wear only. A C-code engine with aftermarket air cleaner, valve covers, etc. Basic black compartment with kept buyers sitting on their hands. “Hemi” is too powerful a word these days to be treated lightly, and potential owners needed more. I felt the bid was close considering its condition and lack of documentation. #SP34-1969 SHELBY GT500 fastback. S/N 9F02R480212. Blue/off-white vinyl. Odo: 86,136 miles. 428-ci V8, 4-bbl, 4-sp. Cobra-Jet, Ram-Air, Hurst shifter, console, 4:10 limited slip. Excellent paint, with minimal imperfections only. Good original windshield chrome and door handles, with all other chrome new. 106 Sports Car Market

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RM Auctions Novi, MI Column Author New black carpets and clean white seats. Clean underside painted black, with the engine and bay showing basic detailing. A clean, straight, solid example. Cond: 2+. NOT SOLD AT $85,000. Originally a Colorado car and Shelbyregistered. It wasn't that long ago that this kind of money would buy a lesser example. Now it's just not even close. This one deserved at least another $25k. #SP09-1969 PONTIAC FIREBIRD con- vertible. S/N 223679U128649. Orange/white vinyl/white vinyl. Odo: 92,373 miles. 400-ci V8, 4-bbl, auto. Fresh paint with a few prep issues and a ring around the base of the aerial. Good vinyl top that could use a cleaning. Like-new trunk. Good original chrome and rechromed bumpers, with new door handles. Fresh white white/blue vinyl. Odo: 37,472 miles. 350-ci V8, 4-bbl, auto. Recent repaint with minimal dirt and surface scratches. Some waves in the front fenders, but rock solid otherwise. Original door handles and window chrome. Buffed stainless with new badges and chrome bumpers. Interior and dash are excellent, although what's under that plastic-wrapped steering wheel? Fitted with rear shelf speakers. Basic detailing under hood. new tires. Cond: 2. SOLD AT $9,951. A local Best of Show 1970s winner, this was a good deal for both buyer and seller. Not the big engine some folks might want, but the two-tone paint was an unusual combo, which should draw attention on cruise nights. #461-1970 CHRYSLER 300 convertible. vinyl interior and new black carpets and cat's whiskers. Nicely detailed under the hood, but a new insulation pad is needed. Engine claimed to have been rebuilt 15,000 miles ago. Cond: 2. NOT SOLD AT $22,000. This PHS-documented ‘Bird ran out of gas. Apart from some minor issues, it was a good car that deserved slightly better money. #SP03-1970 DODGE SUPER BEE 2-door hard top. S/N WM23V0A184037. Plum Crazy/ black vinyl. Odo: 50,638 miles. 440-ci V8, 3x2bbl, auto. Great color with some minor imperfections in the paint surface, like scratches and dirt. Some wear on window trim, with otherwise excellent chrome. New black vinyl interior and and the piping is cracked. Door pull is broken and plastic chrome trim is a memory. Original underhood. Cond: 4+. SOLD AT $6,153. One of just 1,077 built, and that big 440 V8 and 4-bbl carb must be worth something. The owner noted who previously repainted this big Chrysler, but failed to mention in which decade it took place. At the price, this 300 can be improved over time and with minimal investment to become a great cruising car. Well bought. carpets. Basic black undercarriage. Matching numbers, fully detailed 440 with a rare Dana 4.10 SuperTrak Pack, factory wheels, and taxi cab hub caps. Cond: 2+. SOLD AT $65,500. A rotisserie resto done well in a period color with only a few minor flaws. The owner claimed everything correct, right down to the clamps. A nice car, and the price was good for both buyer and seller. #SP37-1970 BUICK GRAN SPORT 2door hard top. S/N 434370Z114654. Blue & 108 #SP79-1971 DODGE SUPER BEE 2-door hard top. S/N WM23N1A116218. Green/black the rears. New carpets are well-installed. Fine sand and lots of dust underhood. Hood insulation hangs down over the original engine and bay. Underneath is undercoated. Cond: 2-. SOLD AT $10,379. A two-owner, NC convertible with a California pink slip. Cougars have never been hot, despite their Trans-Am involvement. These larger Cougars have some following, but noth- Sports Car Market S/N CM27T0C102567. Maroon/white vinyl/ white vinyl. Odo: 92,052 miles. Extra guages, ps, pb, ptop, a/c, and 6-way driver's seat. Older repaint with numerous chips, scratches, scuffs, and poor touch-ups. Many dings in the cracking paint around the trunk. Original chrome is pitting, but with nice, lightly scratched bumpers. New black carpet didn't match the new gray door carpet. Driver's seat plastic trim is broken vinyl. Odo: 98,504 miles. 440-ci V8, 3x2-bbl, auto. Decent respray in a period color. Painted door and roof trim. Poor hood fit. New interior with original fading cat's whiskers. Door rubber on driver's side is falling off. Clean, rust-free floors with suspension mods. Super detailed engine. Originally a 383 V8 with a 4-bbl. Cond: 3. NOT SOLD AT $30,000. A modified, undocumented Canadian. Minor attention to some details should bring the seller the expected return next time around. #647-1972 DODGE CHARGER 2-door hard top. S/N WH23H2A196799. Yellow/ black vinyl/black vinyl. Odo: 41,404 miles. 440-ci V8, 4-bbl. Three-year old paint with a few minor flaws, including a chip on the driver's door. Black hood paint is worn. Questionable door fit. Original trim and door handles show wear, but new chrome bumpers are bright. Original vinyl interior, with dash and driver's seat splits and a worn steering wheel. Edelbrock mods underhood, with an engine detailing now required. Black undercarriage with some yellow overspray. Cond: 3. SOLD AT $7,811. It once carried a 340-ci V8, so this one's been drinking milk. Claimed to run in the low 13s, so perhaps it's Vitamin D. It had its flaws and wasn't the right year, but this Charger was fast enough, and considering the price, it was perhaps the bargain of the event. #603-1972 MERCURY COUGAR XR-7 convertible. S/N 2F94H518312. Gold/brown vinyl/brown vinyl. Odo: 100,811 miles. 351-ci V8, 4-bbl, auto. Optioned with pw, ps, ptop, pb. Rust-free and recently resprayed, with some dirt. New chrome door handles and badges, but everything else is a slightly worn original. Door guards have seen many bunps. Brown vinyl seats look new, but the console is well worn. New front door panels don't match the color of

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1948 Packard Custom Victoria 1937 Packard 12 1934 Duesenberg J 1942 Packard Darrin 1968 Jaguar XKE 1959 Jaguar XK150 DHC 1923 Dodge Custom Babcock 1958 Buick Roadmaster 1929 Cadillac 1960 Alfa Guilietta racecar 1928 American LaFrance 1951 Austin Atlantic

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RM Auctions Novi, MI Column Author ing compared to the first generation. This price was fair, so drive for a few years and sell it in the same condition for the same price. #SP118-1972 FORD LTD convertible. S/N 2U61N122571. Blue/white vinyl/. Odo: 3,913 miles. Optioned with ps, pb, ptop, pw, pl, a/c. Some surface rust on lower rocker panels and evidence of some putty. Original chrome is presentable. Original rubber is splitting and re-taped plastic chrome is already peeling. Minor splits on the edges of the vinyl top. Original seats suffer NOT SOLD AT $10,100. The workmanship on this oddball chopped Regal was good. It was definitely a case of just how low one could go—in more ways than one. Perfect for making the vertically challenged appear much taller; the bid, however, fell short. #466-1980 CHEVROLET CAMARO & white/green cloth & black vinyl. Odo: 15,946 miles. 400-ci V8, 4-bbl. Recently repainted, with evidence of prep and sanding imperfections. Fresh interior and super detailing underhood. Rechromed bumpers, but most of the other brightwork is original and worn. Overall a very decent Road Runner. Cond: 2-. SOLD AT $16,692. Described as a “Total Restoration,” with 50 miles since the rebuild. I don't know about “Total,” as this one sported too many original pieces and the “highly detailed undercarriage” was basic black. Ah, but the price sure was right. from only small splits and wear. Clean dash and new carpets. Light rust on engine, but basically nicely detailed, including the stickers. Cond: 3+. SOLD AT $8,774. Florida-titled, with the mileage claimed to be correct. This powerful V8 was a good buy at a less than market value price. Although not the most sought-after Ford, it had a lot going for it. #SP41-1973 PLYMOUTH ROAD RUNNER 2-door hard top. S/N RM21P3R217493. Geen #637-1979 BUICK REGAL custom 2-door hard top. S/N 4J47A9H115566. Black/gray velour. Odo: 27,668 miles. AM/FM/CD, ps, pb, pw. Beautiful triple clearcoat black. Shaved door handles and 180 louvers, 6-inch chop, and 4-inch lowering. Sports a “custom” grille and the front bumper from a Nova. Non-matching, re-covered gray velour bucket seats. B&M 8-ball, 4-speed shifter. Underhood features a competition cam, Edelbrock intake, and carbs, with adjustable shocks at the corners. Cond: 2. Z/28 coupe. S/N 1P87LAN511720. Navy metalflake/blue vinyl. Odo: 71,090 miles. The repaint shows bubbling and dirt on the hood, with touch-ups around the A-pillars and doors. Questionable driver door fit. New front spoiler, but the black plastic headlamp inserts, grille, and other trim are worn and discolored. Aftermarket CD added, now with broken door speakers. Most rubber is deteriorating. Basic detailing underhood. Cond: 3. SOLD AT $12,198. Rode hard and put away wet. And still a fun, straight T-top Z/28 well worth the entry price. No harm done here.u 110 Sports Car Market

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Column Author Bonhams Hendon, U.K. Collectors' Motor Cars Topping the “bang for buck” category was a 1984 Lotus Esprit Turbo, still original and fully charted—a bargain at $8,206 Company Bonhams Date April 24, 2006 Location Hendon, U.K. Auctioneer James Knight Automotive lots sold / offered 40 / 55 Sales rate 73% Sales total $1,354,574 High sale 1928 Bentley 6½-Liter roadster, sold at $267,585 Buyer's premium 15% on the first $53,517, 10% thereafter (included in sold prices) Flyers of all kinds at the RAF Museum Report and photos by Richard Hudson-Evans Market opinions in italics s Hendon, UK ituated in the North London suburb of Hendon, the RAF Museum has been a venue on the U.K. collector vehicle auction circuit for many seasons, serving in the past as a regular spot for houses including Sotheby's and Brooks, and these days playing host to the annual sale put on by Bonhams. Although Bonhams drew a few big number lots for this, the first of a full U.K. sales calendar, the catalogue contents were truly wide-ranging and spanned some 95 years of automobile manufacture. When all was said and done, in fact, it was the older fare that was the most viewed and appeared to attract the heaviest bidding during a well-attended weekday afternoon. Heading the results was a 1928 Bentley 6 1/2-Liter, once an HJ Mulliner-bodied Weymann saloon, though nowadays riding on a shortened chassis and sporting minimalist open two-seater Le Mans sprint and circuit bodywork. Selling within the expected range, it brought $267,585. Other pre-war stock to do well here included a 1933 Rolls-Royce 20/25hp with Foursome dropheaed coupe coachwork by Vanden Plas. In excellent restored condition, it made just over guide price at $100,790. And a well-sorted 1937 Talbot 105 Speed with a tourer body sold for a mid-forecast $90,979. Post-war prices were headed by a 1965 Jaguar XKE 112 4.2 convertible. Expertly restored in the mid-1990s, it sold for $73,318, a strong result for a car now lacking in overall detail. A low-mileage and mint 1988 Lamborghini Countach QV Anniversary Edition made $66,450, and an even lower-mileage 1989 Ferrari 328 GTS came in just below guide price at $65,469. Easily topping the “bang for buck” category was a 1984 Lotus Esprit Turbo, still largely original and with a fully charted history. One lucky buyer landed it for just $8,206. Lurking in the gloom of the Bomber Hall was the usual clutch of what one might consider no-hopers at any price. And one would be wrong. Judging by the strong performance under the hammer of a trio of resto cases, the appetite of the seriously addicted for taking on uneconomic projects would appear to be undiminished. Having been stored in agricultural conditions since the 1960s, one such example was a 1938 MG SA. With Tickford-made drophead coachwork, this large, rare, and likely slow MG really pulled, attracting $16,827. The combination of classic cars on display among the museum's old war birds makes for a pleasant way to wander on a Monday afternoon. And with nearly threequarters of those 55 lots finding new homes, and a sales total almost $563k greater than last year, this Hendon event got the Bonhams team off to a great start.u Sports Car Market

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Bonhams Hendon, U.K. Column Author ENGLISH #614-1905 VAUXHALL 7/9HP phaeton. S/N 3CM31. Eng. # None. Yellow/black/black. RHD. Has no factory ID plate, but is reckoned to be a correctly dated prototype. Re-dated by VCC as a 1905 car. Bore and stroke of the 3-pot motor differ from the 1905 production model. Rear coachwork replicated by James Pearce of Wisborough Green during 1990s resto. Few marks to the paint, lots of shiny brightwork, little wear to the interior. Engine was prepared to match anywhere near the $50k or so required. #643-1914 BELSIZE 10/12HP 2-seat tourer. S/N 7349. Eng. # 1876. Maroon & cream/beige canvas/brown leather. RHD. Belsizes were built in Manchester from 1902–26, and survivors are rare. This example sold new to Ireland, where it spent many decades in storage. Fully restored in Scotland in the 1950s, then oldtimer rallied in the late 1960s. Auctioned as non-runner, with lamps #607-1929 RILEY 9HP Mk IV tourer. S/N 606641. Eng. # 17320. Red & black/black/ black. RHD. An older restoration to the chassis and re-framed body. The running boards appear too modern looking. The Percy Riley motor is said to have been rebuilt in 2005. Paint and fenders are marked and chipped, with no rips to the fabric-covered sides. Painted lamp bodies and radiator chrome are OK-ish. Top fabric is well-detailed, with a full complement of period accessories. Cond: 1-. SOLD AT $51,287. This is one very sharp near-Vet, and one of only a handful of the earliest Vauxhalls to survive. With an extensive history file, plus a fitted car cover and bespoke trailer included, it was well-landed by a U.K. trader for just under the low estimate. Such very oldtimers can be mighty sticky to shift outside an auction, but with the same incentives that attracted him, perhaps he'll turn it for a gain. #646-1911 NAPIER 15HP Colonial 5/7- seat tourer. S/N 10608. Eng. # 17996. Napier Green/beige canvas/black. RHD. “A sturdy car without frills,” opined Autocar mag in their 1910 review of a 15hp Napier. This one, to “Colonial” high ground clearance specs, shows proof of a super resto during previous ownership. Regularly evented since, and still cosmetically excellent. Few marks to paintwork and brass, there being lots of it to polish. and mascot missing. Ancient repaint is now much marked, with brass scratched, and the interior in need of renovation. Cond: 3-. SOLD AT $26,157. Although vehicles of this vintage can be slow to shift in the classifieds, this light Edwardian was not only much viewed, but raised just over top estimate from the trade. One must assume that the successful bidder will have to make it work before selling it on, but there may just be eventual profit. #625-1928 BENTLEY 6 1/2-LITER Short Chassis roadster. S/N BR2359. Eng. # BR2356. BRG/BRG leather. RHD. Originally an HJ Mulliner-crafted Weymann saloon, later changed to an open 4-seater. The 12'-6” chassis was shortened to 11' in 1968 as per Le Mans-spec cars and fitted by marque specialist Richard Moss with the current open 2-seater body with rounded tail and cycle fenders. Brakes converted to hydraulic units, with the motor uprated to Speed Six specs pre-1990. is only fair. Interior leather is nicely worn, with a decent dash and intact period instruments. “Working” non-show engine bay. Cond: 2-. SOLD AT $21,541. It would appear to have been bodied much like this since 1929. Even at just over top estimate money paid, the buyer landed himself a genuine, pre-war open Riley for four, for which he should always be able to get most of his money back. He might even make a few quid. #629-1932 ALVIS SA Speed Twenty tourer. S/N N/A. Eng. # N/A. Red/black/tan. RHD. An early, low-slung SA Speed Twenty, now with the pointed radiator from later Series cars, and a battery/coil instead of the original magneto. Last on the road 1995. Original panels were retained over new timbers during an older body renovation. Chassis and panels appear sound, with paint chips, chrome marks, and a shabby Interior is very clean and has a full complement of period-correct accessories. Cond: 2+. NOT SOLD AT $42,814. Acquired by the vendor at Brooks Beaulieu auction July 23, 1998 for $36k (SCM# 17378). If anybody was looking for an imposing, high-rise, see-over-the-topsof-the-hedgerows machine of this period, then they would be hard pressed to source a better prospect than this. This time, though, nobody 114 Paint has some chips, and the brightwork is lightly marked. Interior is workmanlike, with freshly re-corded steering wheel rim and acceptably worn leather. Engine presents well, with triple intake trumpets poking out of side. Cond: 2-. SOLD AT $267,585. Sold at Brooks London in 1986 for $295k (SCM# 14080), then failed to sell earlier this year at Bonhams IMHS for $287k (SCM# 41102). The sale price here, though certainly a disappointment for the vendor who passed on the bid in February, must surely be viewed as an accurate current valuation for this Bentley one-off. interior. Engine bay is clean. Many bags and boxes of old parts are included. Cond: 3. SOLD AT $50,261. So much more handsome than the preceding “tall-in-the-saddle” Silver Eagle model, this early Speed Twenty, which almost qualified for resto project status, was one of the most viewed lots here. On the block, its no-reserve billing boosted its performance, hammering down at an impressive $14,583 more than forecast. Not cheap. #621-1933 LAGONDA 16/80 T6 tourer. S/N S10390. Eng. # 2139. Black/black/red. RHD. Original bodywork, distinguishable by sloping tail, trunk-mounted spare, and helmettype cycle fenders. Fitted with the desirable Sports Car Market

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Gooding & Company and Hagerty Present the Fifth Annual SCM Monterey INSIDER'S SEMINAR Guest Speaker An SCM exclusive: Tom Cotter, author of The Cobra in the Barn, will give an illustrated presentation about his most intriguing discoveries. Book signing follows seminar. “LOOKING FOR SANITY IN AN INSANE MARKET” Saturday, August 19th • Equestrian Center, Pebble Beach, CA • 10:00 am to 12:30 pm Subscribers: $195 for 1, $345 for 2 • Non Subscribers: $250 for 1, $450 for 2 SPACE IS LIMITED! DEADLINE - AUGUST 8, 2006 (Reservations are accepted on a first-come, first-served basis. Don't be left out!) Name (If registering for more than one person, please place additional details on separate sheet.) Address City Best Phone E-mail State Fax Zip Signature Send this form to SCM Monterey 2006 P.O. Box 16130, Portland, OR 97292 Fax 503.253.2234; Phone 503.261.0555 x206; e-mail: project@sportscarmarket.com For more information or to reserve your spacecontact David Slama at 503.261.0555 x 206, or e-mail project@sportscarmarket.com www.sportscarmarket.com Payment in Full Required Enclosed is my check made out to Sports Car Market Charge my VISA/MC/AmEx Total Amount $ Card # Exp.

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Column Author Glovebox Notes A brief look at cars of interest that have passed through the SCM stable. HHHHH is best 2007 JEEP COMPASS 4X4 Price as tested: $21,995 Likes: Surprisingly sophisticated, compact SUV. 172-hp, DOHC 4-cylinder has variable valve timing and 165 ft-lbs of torque for adequate passing power. Amazingly capable on beach dunes thanks to locking transfer case. ESP keeps it straight on muddy tracks, optional auto stick shifts instantly. Simple controls, back seat OK for adults. Mid-20s mileage. Gripes: Jeep styling seems forced in this lower, more urban profile. Interior plastic feels cheap. Limited model has blingy wheels and unnecessary trim. Handy auto stick won't hold a gear into redline and 5-speed stick is vague. 4-cylinder limits show up with 2,000-lb towing capacity. Fun to drive HHHH Fun to look at H Overall ownership experience HHH Verdict: Much more capable than I expected and a relative bargain—if you can get by some of the odd styling cues. Shares platform with prettier Dodge Caliber, which doesn't get 4wheel drive, in case you were hoping.—Paul Duchene 2007 BMW M6 ENV pre-selector gearbox. Claimed never to have been treated to nut-and-bolt resto, and it certainly appears to be highly original. New top frame and fabric. Battery box and rear footwell are renewed, as is some wiring. Bumpy panels, with marked, matte paint. Chrome is only fair, with ancient leather but intact period instruments. Freshly MOT-tested, and likely to work well. A popular car this weekend. Cond: 3+. SOLD AT $45,133. “Working” prewar tourers, particularly if from a top sporting marque like Bentley, Lagonda, or Riley, continue to do well at auction here, where they nearly always sell. You would also not be scared of flying gravel dinging the paint with this one which, if spared a makeover, will continue to be much enjoyed very much as is. #622-1933 ROLLS-ROYCE 20/25HP 3Position drophead coupe. S/N GRW44. Eng. # W5P. Brown & beige/beige fabric/fawn. RHD. Pre-WWII history is fully charted, but not later. Ace wheel discs added, as originally supplied, plus overdrive and unleaded gas conversion during a $54k resto by R-R specialists. Irish-registered and RREC-evented since. Center driving light, pillar-mounted swivel store shoppers and their purchases home. Authentic 1930s chauffeur uniform laid out on the back seat. Nice rear-front intercom. Chassis is dry and solid, panel fit is good, and all doors shut well, with no drop. Paint and brightwork show only minor marks. Front leather is lightly worn, but rear cloth is clean and tidy. Cond: 2+. SOLD AT $71,356. As a former upmarket taxi with distant ties to the infamous Lord Brocket, this old Roller made a healthy price—fully $25k over the high estimate. Not just a strong performance for this example, which heads now to the Irish Republic, but a very generous valuation for any 20/25 Rolls, particularly one with formal limo body. #644-1935 LAGONDA M35R T9 Replica tourer. S/N Z11270. Eng. # 3020. Silver/ black/red. RHD. Started life as a pillarless sedan, then was rebodied by Don Hoggard in the current T9 style during a full resto in early 1980s. Mainly dry-stored since 1996, and undriven for five years. Panels and fit are good, with paintwork and chrome still sharp and only lightly marked. Interior is clean, with Price as tested: $106,390 Likes: Crackling, snarling high-tech 500-hp V10. Distinctive looks. Solid, precision German engineering evident in every detail. Gripes: I-Drive, of course. Over-complication of menial tasks (see I-Drive). Never was able to adjust HVAC adequately (again, I-Drive). SMG shifter continues to turn a superior driving experience into a confounding one (why can't they just have a “TurboHydramatic” option so the obtuseness of the gearbox disappears). Black leather shows dirt. Sporty seats uncomfortable for pregnant wife. Loves gas. Fun to drive: HHHHH (no I-Drive or SMG), HH otherwise Fun to look at: HHHH Overall experience: HHHH Verdict: The build quality and engine outweigh the electronic gimmickry enough that I bought an M5 (“Our Cars,” page 24).—David Slamau 116 spot, full-width tinted sun visor. Chassis and suspension are well-painted, with a few chips to body paintwork. Some brightwork is polishscratched. Clean interior. Underhood is clean but not to show standard. Cond: 1-. SOLD AT $100,790. This elegant, useable 20/25 carries one of the most desirable types of coachwork— one not too heavy and quite practical to rally. Plenty of folks agreed, and the purchase price, though just above the high estimate, was fully deserved. #617-1934 ROLLS-ROYCE 20/25HP limousine. S/N GYD54. Eng. # T3Z. Harrods Green & gold/black & beige. RHD. Supplied new to Lord Brocket. Restored by Scott Moncrieff for Harrods in 1987. Repainted then and used until 1992 to transport Knightsbridge little wear. Dormant engine bay is in need of a mechanical recommissioning. Chassis is sound and dry, with clean suspension. Cond: 2. SOLD AT $57,442. Looks simple enough to revive and, though a T9 rep, is convincingly done. Thus, it was fully deserving of the new owner's cash, which pegged it in the middle of the estimate range. #632-1938 MG SA drophead coupe. S/N SA2507. Eng. # QPHG2691. Green/beige canvas/green. RHD. One of 2,738 SA built. According to its most recent MOT certificate, it last saw a road in 1964, when it was then laid up for the resto that never happened. Stored poorly in agricultural conditions and now in a truly dreadful state, it does seem complete. Bumpy aluminum panels beneath the scabby remnants of ancient paint. Steel items are mostly rusty, and the interior is very dry, Sports Car Market

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Bonhams Hendon, U.K. Column Author though possibly part-salvageable. MG registration plates are appropriate. Cond: 4-. SOLD AT $16,827. A real time-warp project, this, following its 42-year slumber. The six grand paid above the high estimate can be explained, however, by more than one bidder wanting to wake up the old lady. Let's hope the new owner is fully prepared to fund what will surely be a mighty costly renovation program. #624-1948 BRISTOL 400 coupe. S/N 4001400. Maroon/cream & brown. RHD. Fixed steel panels on a wood frame, with all opening panels in aluminium. All appear sound. Last cosmetic resto and rewire done in 1999. Block and pistons replaced in a 2005 head overhaul. Various paint chips and marks, and cracks to the front screen rubber. Leather retrim is still clean, and the woodwork is good. Cond: 2-. more than the low for this car. However, with a provenance that includes being driven past Queen Liz at Windsor Castle during her 2002 Golden Jubilee bash, and an appearance in TV's “Miss Marple Investigates,” perhaps that really mattered here. #654-1951 ROLLS-ROYCE SILVER WRAITH limousine. S/N WME93. Eng. # W126E. Black/gray. RHD. Not on the road for years and, cosmetically, almost qualifying for the resto project category. This sleeping Wraith appears to have been dry-garaged. Beneath a dusty exterior, the paint is flat and much chipped, chrome is dull and marked, and the original interior and trim are generally very tired. Cond: 3. SOLD AT $29,747. With many punters already headed homeward, curate reflection of the car's value, and thus the bid missed by at least $5,000. #605A-1965 JAGUAR XKE SI 4.2 coupe. S/N 1E20854. Eng. # 7E5064. Black/black. RHD. Although everything still seems to be in place cosmetically, this is one tired E-type. Door fit is poor, the sills are in need of refurbishment, if not replacement. Much bubbling going on beneath the marked paintwork, with rear wheelarch corrosion particularly active. Cond: 3. SOLD AT $18,463. Despite the depressing condition, made all the more obvious by the show-every-imperfection color combo, this was a home market E-type, which could be revived fairly easily by one who knows. Hence, a canny dealer was prepared to invest midestimate money for what he hoped would be an instant, if modest, turnaround profit. SOLD AT $31,798. Bristol Car Company's 400 is effectively a more refined amalgam of three pre-WWII BMW designs, with the chassis 326-derived, the motor 328-derived and with a 319 single block cam and pushrod valve actuation, and the aerodynamic coupe body inspired by the 327. It's a very handsome package overall, and this early Bristol was valued correctly. #628-1948 BENTLEY MK VI 4 1/4-Liter sedan. S/N B183DZ. Silver/gray. RHD. A health warning in the catalog description should have prepared one for some major bubbling going on below the old repaint, not only in the usual trouble areas around the sidelights, but also in front of the driver's door. Brightwork is marked, too, though the interior leather and original wood are better. Cond: 3. SOLD AT $29,747. While the $16k to $21k estimate range fairly reflected this car's condition, the new owner's purchase price cannot be explained. Perhaps he was somewhere else, for as viewed, the pressing need to fund a full body makeover did not warrant paying much 118 having been parted from their toy money, and those few remaining insomniacs sitting firmly on their hands, the final lot in any sale can often bomb. Not this one. Despite needing at the very least a recommissioning following its inactivity (and really crying out for a full makeover), this Roller raised more than double its top estimate. Quite extraordinary; although once restored, of course, it will surely be worth considerably more. #619-1961 BENTLEY S2 CONTINENTAL drophead coupe. S/N BC30BY. Eng. # B29BC. Blue metallic/magnolia fabric/magnolia leather. RHD. Only five owners... so far. Sills, fenders, and rear wheelarches were replaced during a Ristes resto in 1988, which included an engine rebuild and gearbox overhaul. A further $107k spent at P&A Wood in 1993. Specs include electric windows and power top. Panels and fit are excellent. Virtually unmarked paint and chrome, with leather like-new, and an engine bay that presents well. Cond: 1-. NOT SOLD AT $92,763. It would be hard to source a better example, especially with such a large file of resto bills and photos from such gilt-edged marque specialists. The reserve seemed an ac- #620-1965 JAGUAR XKE SI 4.2 convertible. S/N 1E1325. Eng. # 7E45189. Black/black/tan leather. RHD. Restored by XK Engineering in 1998, when the monocoque was reconstructed and the hood section was renewed. For what it's worth, the gearshift knob is claimed to be from the final E-type made. Panels and fit are good. Paint and brightwork show some marks, and the leather is slightly grubby. Engine bay is clean, though the chassis plate is not even riveted to the car. Cond: 2+. SOLD AT $73,318. Judging from this result, roughly $5,500 over guide price, more than one bidder wanted to own this restored home market Series I. I must say it promised so Sports Car Market

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Bonhams Hendon, U.K. Column Author much on paper but disappointed your reporter in the metal. While some open E-types are being retailed with higher asking prices over here, quite reasonable cars are being secured for around the $59k low estimate, so this was hardly a bargain. #636-1967 JAGUAR MK II 3.4 saloon. S/N 171957DN. Eng. # PJ116748. Light blue metallic/black. RHD. A one-owner example. All old road fund licence discs, plus MOTs, come with the car. Largely unrestored, it is over-ripe for a full makeover. The paint is flat, with chips. Some rust is beginning to break through the lower panels. Poor chrome. The touched-up stone chips to the front valance and body-colored bumper. Alloys are clean, and the original half-leather interior is only lightly worn. Cond: 2+. SOLD AT $8,206. With full service history from new and an overall good presentation, this Giugiaro-penned classic deserved to raise more. With 0-60 mph coming in 6.1 seconds and 148-mph potential, this Lotus was surely the bargain buy of the sale, less than half a typical retail price. FRENCH #623-1929 TALBOT 14/45HP Type AG original interior wood and leather are all intact but only fair. Cond: 3-. SOLD AT $4,103. Offered entirely without reserve and purchased deservedly cheap just above the low estimate. In the real world, this Cat is well into its eighth life, and certainly is worth no more than this. #616-1969 LOTUS TYPE 61 Formula Ford single seater. S/N 6134FF. BRG & yellow/black. Utterly conventional space-framed FF with wedge-shaped 2-piece fiberglass bodywork. Restored by race car specialist Peter Denty some seasons ago, and since regularly raced in HSCC Historic FF events. General cosmetic wear to chassis, suspension, period instrumentation all intact. The fishtail exhaust is quirky. Cond: 2. SOLD AT $40,004. Yet another pre-WWII open sporting motor car for four. Like the rest, it was much-viewed and duly raised four grand over estimate. As long as the limited supply of such ready-to-enjoy items continues to outstrip an even more limited demand, prices will continue to harden. #647-1937 TALBOT 105 Speed 4-seat interior and panels. Freshly rebuilt engine by Fowler Goodwin looks to be on-the-button. Cond: 2-. NOT SOLD AT $20,515. Despite a competitive recent-ish race form, lots of future event potential, and a heap of spare wheels, no buyer got hooked by this package. Maybe the pre-sale estimate of $23k to $28k deterred potential players. A valuation of around $21,500 would have been more appropriate. #612-1984 LOTUS ESPRIT Turbo coupe. S/N SCC082910DHD11647. Eng. # CC910831221224. Ice Blue Metallic/Ice Blue. RHD. Odo: 59,178 miles. Fiberglass is free of starring, and the doors show no drop when opening. Partially repainted, with some 120 Sports Car Market tourer. S/N 4096. Eng. # 91. Gray/black/light gray. RHD. Fitted with a desirable pre-selector transmission. From the final year of production, in the U.S. from 1962 to 1988. Restored in 2002, when it gained a full-flow oil filter. tourer. S/N 25065. Eng. # AG5677. Dark blue & black/black/black. RHD. Claimed to have a 20-year restoration completed in 1996. Chassis and suspension with gaitered springs present well. Paint is lightly marked, but the nickel fittings are good. Interior is pleasantly worn, with engine bay are well used. Cond: 2-. SOLD AT $21,541. Because so few open DS cars were produced in the first place (1,365 factory-built convertibles and a further 389 handcrafted by Chapron), the prices of genuine “Decapotables” have soared in recent years. Among French movers and shakers, a DS drop top has become chic, one of the hottest toys in town. No wonder, then, that this budget Anglo Saxon alternative bettered its guide price by a few thousand. GERMAN #604-1958 MERCEDES-BENZ 220S Convertible A. S/N 180030NY514132. Eng. # 180924NY512385. White/black/black. RHD. Partially restored, with lots still to do. It is structurally sound, with main panels all in place and painted, though they are now dusty and distressed and in need of another repainting. Radiator grille and bumpers are missing, which might be a problem to source. Seats are out, though they are present, along with many Recent mechanical health check. Door fit is good, with gray paint dreary but blemishfree. Even the running boards are unmarked. Chrome shines brightly, interior is clean, and the engine bay presents well. Cond: 1-. SOLD AT $90,979. Well-engineered in the first place by Charles Roesch, who was responsible for penning some of the most memorable designs of the 1930s. Sold on behalf of a deceased estate, this well-sorted 105 Speed was here to sell and duly did for just over mid-estimate money. Worth it. #627-1970 CITROËN DS23 convert- ible. S/N 3841311. Eng. # 0569042189. Light green metallic/tan/tan. RHD. Originally a DS23 saloon, this reasonably authentic looking “Decapotable” was given the chop by DS Conversions of Malvern in 1991. Fifteen years later, panel fit has strayed and door gaps are inconsistent, the paint is old and chipped, the brightwork is marked, and the interior and

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Bonhams Hendon, U.K. Column Author boxes of interior goodies. Cond: 4. SOLD AT $12,309. It made the desired money and is worth persevering, though it will likely be heaps of hassle to complete. Only so long as you did most of the graft yourself, this project could turn a profit. And, thanks to an OHC six, a 220S like this could be good for the magic 100 mph. #606-1967 MERCEDES-BENZ 250SL convertible. S/N 11304322004500. Eng. # 12998222002225. Blue metallic/blue HT/ black. RHD. In vendor ownership for 23 years, this right-hand driver seems to be a good 'un. No rot to be seen, and the older respray still shines. Has the odd blemish here and there, with light scratching to some brightwork, but and there, particularly to the nose and door paint. Still has its original interior, with good wood and leather that is acceptably worn. Cond: 2-. SOLD AT $16,822. Not a bad rotfree example, particularly for a RHD 365GT. Including the premium, this air-conditioned, V12-powered, 4-seater Ferrari cost its fourth owner little more than the top estimate. And this, at less than the current Euro retail price, was worth it. #630-1988 LAMBORGHINI COUNTACH Fiats, but this one is really a 509/514, fitted with the more potent Type 514 motor, plus disc wheels. Older restoration that still appears to be structurally sound. Much marked paint, particularly on the mudguards. Interior is a tad shabby. Hasn't seen the road for some time due to a busted starter/dynamo pinion. Cond: 3+. SOLD AT $4,308. It should be a relatively simple task to make that new bit so this old Italian can rejoin the world of mobility. The purchase price means it's a good, cheap entry into VSCC Light Car events. It's charming and marks a potentially good value, though ascending hills will take an age. #641-1971 ALFA ROMEO MONTREAL nothing serious. The original interior is acceptably worn. Cond: 2. NOT SOLD AT $24,083. This nice car deserved to sell at this price, but not for the rather ambitious lower guide price of $28,500. Though it came with two tops, it also came with only two pedals. There are lots of 250SLs about, so punters have their choice in the matter. #645-1974 PORSCHE 911 2.7 coupe. S/N 9114100380. Eng. # 6140597. Yellow/black. RHD. Odo: 93,000 miles. Recent body refurb, though the rear flanks are ill-shaped. Obvious repaint, with minor marks. Cookie-cutter alloys are only fair. The original interior is in along the sills and door bottoms. Good interior. Master cylinder, clutch slave cylinder, and stainless steel exhaust were renewed recently. Underhood presentation is only fair, with shabby alloys. Cond: 3-. NOT SOLD AT $12,844. As presented, $10,000 should have been more than enough for this particular Montreal left-hooker. #615-1973 FERRARI 365 GT4 2+2 coupe. good order. According to the invoice on file, the engine was rebuilt 17,000 miles ago, with the clutch and brakes overhauled more recently. Cond: 2-. NOT SOLD AT $12,487. This car's current condition and the standard of work done disappoint in close-up inspection. And they certainly did not warrant this 911's $14k plus ambitions. ITALIAN #601-1927 FIAT 509/514 tourer. S/N N/A. Red & black/black/black. RHD. Late owner always thought he had one of 90,000 Type 509 122 S/N 17159. Eng. # 17159. Blue metallic/black. RHD. Three-owner car in receipt of a $41,000 servicing between 1991 and 1993, plus a baremetal repaint in 1995. Some blemishes here no way detailed. Cond: 1. SOLD AT $65,469. Technically unsold under the gavel, this mint and little-used GTS was wisely snapped up afterwards for mid-estimate money. Higher mileage examples of this pop-Ferrari are changing hands on this side of the Atlantic for around $50k, and though this was considerably above that mark, this car should be considered worth it.u Sports Car Market coupe. S/N AR1425160. Eng. # 00564. Orange/black. Fitted with an incorrect 3-liter V8, rather than the 2.5-liter unit derived from the T33 4-cam. This may have deterred the knowledgeable, while others will have been put off by erupting rot beneath the repaint authenticated by a well-stocked history file, which also indicates no abuse and much recent dry storage. Paint and split-rim OZ alloys are virtually unblemished, and all leather is really clean. Cond: 1-. SOLD AT $66,450. Including premium, the mid-estimate price paid by the new owner correctly valued this super example of the ultimate bling machine. A none-toosubtle price for a none-too-subtle car. #618-1989 FERRARI 328 GTS targa. S/N 81696. Eng. # 18127. Red/magnolia leather. RHD. Odo: 4,800 miles. Supplied new to the U.K. Genuine low mileage with full service history on file, which indicates a cam belt change in 2004. Absolutely no cosmetic wear apparent, and even the light-colored leather is clean. Engine bay is very clean, too, though in QV Anniversary coupe. S/N KLA12462. Eng. # KLA12462. Red/tan. RHD. Odo: 15,800 km. One of 657 Anniversario built. Optional ex-factory Countach rear wing and Alpine sat-nav added. Excellent cosmetic condition and appearing wholly original. Low mileage

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Column Author H&H Classic Auctions Buxton, U.K. Fine Historic Motor Cars The 85 vehicles that crossed the block accurately reflected current mainstream taste in the U.K. Company H&H Classic Auctions Date April 12, 2006 Location Buxton, U.K. Auctioneer April 12, 2006 Automotive lots sold / offered 72 / 85 Sales rate 85% Sales total $1,018,615 High sale 1931 Lagonda 2-Liter Supercharged low chassis tourer, sold at $100,693 Buyer's premium 7.5% (included in sold prices) Strong results across the sale included this Lotus Elite Report and photos by Richard Hudson-Evans Market opinions in italics U Buxton, UK nlike much of its competition, H&H still seems to be able to consign plenty of product for its ever-expanding sales program, one that is increasingly taking the northern specialist house further away from the comfort zone of its regular auction venue in the spa town of Buxton. Within that comfort zone, however, the company still continues to produce solid results. Buxton is situated in a hairy-weather hollow in the Derbyshire Peak District, where the potential for snowfall exists from December to March. Apart from being a long haul by road from London, it's also perceived as a time-consuming journey for trans-Atlantic and Euro attendees, via Heathrow, Gatwick, or Stansted Airports. One suspects that it is this need to employ less weatherrisky locations for its first and last fixtures of the season that has been the main driver for H&H setting up their podium in different venues. With Simon Hope and his rostrum on the stage of the Octagon Theater, the H&H faithful—largely a local northern crowd—filled all seats and available standing room around the more important cars. Meanwhile, the rest of the catalogue contents, together with 16 late entries, remained on view outside in the Pavilion Gardens. Although there were no big-money cars on offer, the 85 vehicles that did cross the block accurately reflected current mainstream taste in the U.K. And by the time 124 all the provisionally logged bids had been successfully converted by the backroom team, the 85% hit rate and the fact that only 13 cars failed to attract buyers were impressive statistics for potential entrants at future sales. Deservedly heading the results, which just topped $1m, was a supercharged 1931 Lagonda 2-Liter tourer. In lovely order following much constant expenditure in recent years, the low-chassis four-seater raised far above estimate at $100,693. In complete contrast—in terms of customer profile—was an unmolested Ferrari Testarossa with only 21,000 miles on the clock since new in 1991. It sold for $58,345, again more than forecast. Among other noteworthy sellers here were a 1923 Wolseley A9 Colonial that spent most of its life in Australia, for which a better than expected $33,878 was forthcoming. The 1953 Jensen 541 Prototype, last knocked down by H&H in July 1998, was still in good restored order here and made a strong $33,878, while a very shiny 1911 Brasier open four-seater also exceeded guide price, selling for $32,466. Though H&H has benefited in recent years from an ever-stronger list of consignments, one other caveat that has begun to set it off from rival U.K. houses is its buyer's premium. Set at a modest 7.5%, it remains half and even less than half the premiums employed by other companies, an attractive incentive for the punter most interested in making his dollar work for him.u Sports Car Market

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H&H Classic Auctions Buxton, U.K. Column Author ENGLISH #51-1953 JENSEN 541 Prototype coupe. S/N 14205. Eng. # 1D11861M. Red/beige leather. RHD. Odo: 81,000 miles. The prototype of Eric Neale's stylish 541 coupe. Originally shown at the 1953 London Show. Unusually bodied in aluminium, apart from the fiberglass trunk lid. Fully rebuilt in the early 1990s, then a Scottish museum exhibit. Last changed hands at an H&H auction in July 1998. Very fresh cosmetically, with curvaceous body, paintwork, and chrome virtually unblemished. Interior leather trim is only lightly aged. Cond: 1-. SOLD AT $33,878. This is not only one of the most historic Jensens, but also has to be Coventry Climax engine. Fitted with a desirable ZF gearbox, and the rear wishbone body fixing joint rubber was replaced with bronze fittings. Cond: 3-. SOLD AT $29,173. Thanks in the main to their historic race and road rally potential, there has been a run on Elite-Climax donor cars, both S1 and S2. As a result, even projects in need of a complete makeover continue to pull auction bids above their weight. Case in point. with a later 1098-cc A-series motor, with a whining first gear declared. Cond: 2. SOLD AT $10,352. Even with racing habits chomping through the sound stock and the tin worm taking the weaklings, amazingly, there still appears to be no shortage of bog-standard Frogeyes. Most have been restored and, usually, a potential buyer has plenty of choice. The mid-estimate valuation for this choice was about right. #58-1960 AUSTIN-HEALEY 3000 Mk I the finest example of a 541 around. Whether it actually works or not is unknown, and a full recommissioning program would be wise before trying. This was top money, but still small in the scheme of important cars for a marque enthusiast to have in his garage. #39-1954 AUSTIN-HEALEY 100-4 BN1 roadster. S/N BN1151609. Eng. # 113205684. Red/black/black leather. RHD. Odo: 1,300 miles. A U.K. home-market car. Treated to an extensive DIY resto by the previous owner, with only 1,300 miles since. Chassis rails are sound and true, with good panel fit and smooth Dash is re-covered, with a new windshield, trim, door cards, carpets, sidescreens, hood, and tonneau. Cond: 1-. SOLD AT $30,114. Considering the vast amount of work carried out to this Mk I, perhaps it should have made a little more. However, the receipts on file came from smaller firms and not any big name marque specialists, which might have detracted from both bidder confidence and the resulting price. door shuts. Paint and chrome are almost unmarked, with only minor wear to the interior. Cond: 1-. SOLD AT $31,808. This was a well-presented example of the first of the Big Healey, which, having under-performed since the 1987–89 boom and near bust, has been appreciating steadily in recent years. With premium, this sale fell just within forecast range. #18-1959 AUSTIN-HEALEY SPRITE Mk I roadster. S/N N/A. Old English White/red/red leather. RHD. Nut-and-bolt rebuild from a few years back. Bodyshell and panels—including the bugeye-equipped hood—are free of both rot and putty. Paint is chipped in places, with some marks to the chrome. Interior shows light wear. Clean wheels and fresh tires. Upgraded 126 #24-1962 LOTUS ELITE S2 coupe. S/N 2331938. Eng. # 10782. Green/green leather. RHD. Restored some time in the past, though off the road and gathering dust for several years now. Complete but shabby body, with tired interior and very scruffy twin Weber-fed the original seats much sat-upon but tidy. Good vinyl dash and original radio. Stainless exhaust system. Cond: 2. SOLD AT $24,938. Vast numbers of E-types were produced, of course, and many thousands of them have survived to the point that even the rattiest will be spared the crusher and restored. Potential owners therefore are spoiled for choice in both the real and virtual worlds. This coupe was really just Sports Car Market roadster. S/N HBT711980. Eng. # H21742. Colorado Red/black/black leather. RHD. Odo: 77,382 miles. The previous owner's resto, a 14-year affair, was completed in 2004. Engine, suspension, and brakes were overhauled, with new lamps and wiring loom. Door skins and fenders are new, with good panel and door fit. Paint and chromework are virtually unmarked. Marks to the chrome, and the original leather is cracked. The unusual factory-supplied seatbelts with “D” emblems are still present. Allegedly driven to the Derbyshire auction venue from the West of Ireland. Cond: 2-. SOLD AT $13,928. To drive such lengths, it's safe to assume the vendor really wanted to sell it. Which explains why he was prepared to take a dive and accept nearly $8,000 less than the lower guide price. The tired cosmetics were no help here, and the price paid valued the car correctly. #28-1964 JAGUAR XKE SI 3.8 coupe. S/N 861481. Eng. # RA53249. Silver blue metallic/ blue leather. RHD. Odo: 96,168 miles. Claimed still to have all factory numbers matching. Structurally sound, with reasonable panel fit. Resprayed in 2000, now with some marks and chips. The bumpers need rechroming, as do the wire wheels. Partially retrimmed inside, with #67-1962 DAIMLER SP250 Dart convertible. S/N 104022. Eng. # 97143. Mountain Blue metallic/gray HT/gray leather. RHD. Odo: 86,000 miles. Factory hard top. Mostly original, with some bits refurbished but not restored. Now only fair cosmetically. Chassis appears to be solid, and the fiberglass sound, with no evidence of the usual stars to the gelcoat. Last resprayed in 1986, and now chipped.

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H&H Classic Auctions Buxton, U.K. Column Author OK, and so didn't warrant raising much more than the price it did. #25-1966 TRIUMPH 2000 sedan. S/N MB48081DLBW. Eng. # MB4840ZHEBW. Dark blue & Wedgwood Blue/medium blue vinyl. RHD. Odo: 10,048 miles. Paperwork on file seems to confirm the low mileage displayed. Bodyshell appears to be rust-free, with excellent door shut and fit. Recent-ish respray and rechrome, with few chips to both. Interior trim and wood veneers are seemingly still original and quite nice. Cond: 2+. SOLD AT $9,411. In their day, these Michelotti-styled saloons were a potent force on rally special stages. But thanks to ever-voracious rust and the fact that they are less fashionable than the 911, Escort, or Mini, few survive. Being an automatic may have contributed to this 2000's salvation. Being in such great shape surely contributed to its big price. #20-1968 JAGUAR 240 saloon. S/N IJ2497. Eng. # 7J2289088. Dark green/red leather. RHD. Odo: 46,757 miles. One of 3,716 made in RHD. The mileage displayed is likely to be genuine. Some refurbishment many years ago, and the panels appear to be rust-free, with fit decent enough. Minor chips to the paint, with and shifter. Armed with a battery of five exterior lamps, pseudo Minilite alloys, old-style over-riders on both fenders, and wheelarch eyebrows in stainless steel. Nice walnut dash. Cond: 1-. SOLD AT $10,540. While old boyracers would not be taken in by this rather whacky rendition of one of the all-time classic Brits, younger blades on the block might quite like it. The buyer here thought it worth overpaying for. Exactly what it will make next time round, post-abuse, when it is likely to be rough around the edges, is anyone's guess. Very much less, I would suppose. #47-1970 JAGUAR XKE S II 4.2 coupe. S/N IR43346BW. Eng. # PIR43346BW. Red/black leather. RHD. Odo: 62,635 miles. Formerly a U.S. car, converted to RHD during the last rebuild some years ago. Panels and fit are good, as is the paint, though with some chips throughout. Minor marks to the chrome. Original leather is only lightly worn. and chrome. Interior is clean, and the engine bay is tidy. Tubular exhaust manifold is nonstandard, and the clutch was recently renewed. Cond: 2+. SOLD AT $15,527. Though it sold for more than three grand over the top estimate, I'll still call this retail. A fitting price for what seemed a sound car in sharp cosmetic condition. #33-1980 MGB LE roadster. S/N 19215. some chrome marked. Largely original interior is clean, with sound wood and lightly cracked leather. Optional integral lights, with foglamps fitted. Cond: 2-. SOLD AT $11,481. The final evolution of the slim-pillar Mk IIs, whether in 240 or 340 guise, is not the most desirable Jag from the Bill Lyons era. This was a nice enough example, however, and deserved to receive this above-forecast valuation. #35-1970 MORRIS MINI COOPER 1275S Replica saloon. S/N XA2SIN215951. Eng. # 85076. Tartan Red/red leather. RHD. Can only loosely be described as a Mini Cooper S rep, though its 1,380-cc lump is claimed to have been balanced and blueprinted, which bodes well for extreme fun. Main shell, fenders, and doors were all replaced during the resto/conversion. Many mods to the suspension, brakes, 128 Monocoque is apparently sound, with the chassis tubing brightly painted. Engine now runs on SUs and presents well. Cond: 2. SOLD AT $22,585. On recent form, these 2+2 coupes haven't exactly flown into the arms of new owners. This one, however, a left- to right-hand drive conversion, achieved a near top estimate result. Word of market caution: if times ever become hard, it will be the converted cars like this that will struggle first. #68-1972 BRISTOL 411 S III coupe. S/N 4117626164. Eng. # P383415B. Silver/ oxblood leather. RHD. Odo: 50,000 miles. Former owners include aerobatic pilot Richard Goode and Bentley dealer Stanley Mann. With a speedo change on file, total mileage is likely to be 142k. Repainted at some time, now matte with stone and careless chips here and there. Brightwork is also marked. Walnut dash and nicely worn leather are this car's best features. Pepperpot alloys do not suit. Cond: 2. NOT SOLD AT $10,505. Promising much in print, but disappointing in the metal, as presented Eng. # 39947. Bronze metallic/black/orange cloth. RHD. Odo: 35 miles. One of 208 of these “Limited Edition” roadsters, which were actually shod with LE alloys as standard—not wires as this one has. Never registered for the road and laid down like wine, presumably with aspirations for some appreciation. The almost non-existent mileage would seem to here this 411 was never going to command the minimum $16k being sought. And without any cosmetic attention, it likely never will. About $12k would have been enough. #1-1973 TRIUMPH TR6 convertible. S/N CR9390. Eng. # 000788HE. Red/black/black vinyl. RHD. Odo: 33,562 miles. Although claimed still to be original, a past extensive restoration is obvious. Externally good, though far from concours. Minor marks to the paint be genuine. Absolutely original and, as far as my inspection could reveal during viewing, completely unmarked and mint. Cond: 1. NOT SOLD AT $17,808. With a low estimate of $30k, you'd need a round of lottery winners Sports Car Market

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H&H Classic Auctions Buxton, U.K. Column Author who just happen to be MGB fans to even approach that figure. Somewhere around $14k would be generous for a rubber-bumpered B, even an unused special one that is likely in need of full recommissioning before any action. #53-1987 BENTLEY MULSANNE sa- loon. S/N 21430. Eng. # 61449L41019. Black/ champagne leather. RHD. Odo: 91,800 miles. First owned by the 11th Duke of Devonshire and claimed to be mainly chauffeur-driven. Rusty wheelarches have received attention, with an insufficient $10,500 on the board, the winning amount came soon after. Spot-on price-wise. #36-1993 LOTUS ESPRIT Turbo coupe. S/N NHD1002. Eng. # CA910910727789. Pearl White/navy leather. RHD. Odo: 55,702 miles. Full service history on file confirms the mileage displayed. Fiberglass is star- and blemish-free beneath a fresh repaint. Correct decals are well-applied, and the alloys are little marked. Original interior shows only minor wear. Engine bay is clean, though nothing special to look at. Recent cam-belt change. with the body repainted and the original leather re-Connollised at some time. Paint, chrome, and alloys are all marked. The interior is clean, and the engine bay is unexceptional. Cond: 2-. SOLD AT $13,175. Full service history and some aristocratic provenance may have helped this rather drab looking example of the successor to the T2 achieve the bid. About right, I'd say. #6-1988 JAGUAR XJS convertible. S/N 15014. Eng. # 85058780HA. Light blue metallic/blue/Saville Grey leather. RHD. Odo: 46,808 miles. Appears to be largely original. The factory service history authenticates the mileage displayed. Paint and brightwork are Twin exit exhaust in stainless steel. Cond: 1-. SOLD AT $19,762. Penned by Peter Stevens, the Esprit Turbo is one of the most underrated of all supercars and the king of the budget GTs. I wouldn't choose to have mine in easy-tomark white, but the required money was rightly forthcoming for this very clean example. #69-1993 CATERHAM 7 Roadsport roadster. S/N N/A. Yellow & mid-blue/black cloth. RHD. Incorrectly catalogued as a 1992. A Caterham Championship racer until 1998. Fitted in 2003 with a new chassis, larger Rover K-Series motor, gearbox, diff, brakes, and wiring. Raced again before a conversion to road/ track spec in 2005. Chassis and suspension are clean, with few marks to body paint. Interior is only lightly polish-scratched, with chips to the nose. The interior is lightly worn, and the engine bay is clean. Cond: 2+. SOLD AT $15,057. The money paid for this XJS with the labor-saving power top is a near-retail result. A nice example and worth it. #43-1989 BENTLEY MULSANNE S sa- loon. S/N 25765. Eng. # 66326L4101/9. Dark gray/cream leather. RHD. Odo: 75,000 miles. Having been repainted and had its lightly crazing leather re-Connollised, the overall cosmetic condition is now only average externally, with minor marks to the paint, brightwork, and alloys. Much better within, as the leather and wood present well, with a very nice wood-rim wheel. Clean engine bay. Cond: 2. SOLD AT $16,468. Unsold under Simon Hope's hammer 130 ary high power to low weight thrills, if you can squeeze between the chassis tubes and have Lilliputian feet, this street-legal 7 represents great performance car value for the money. GERMAN #55-1976 PORSCHE 911 2.7 coupe. S/N 9116301791. Eng. # 6362892. GP White/black & white checker cloth. RHD. Odo: 76,000 miles. Supplied new to Rolex watch company in the U.K. The easily marked paintwork shows some minor blemishes, and the painted cookie-cutter alloys are clean. Some wear to the original seat fabric. The 2.7 engine is holding its oil. Cond: 2. SOLD AT $15,998. With a glut of old 911s for sale, original RHD cars have a better chance to sell here, and for more than left hookers. They must, however, be rustfree, as this car was. Having a post-August 1975 fully-galvanised shell is helpful in the marketplace. This clean 2.7 looked good, and did well as a result. #52-1980 PORSCHE 924 Carrera GT coupe. S/N 700380. Eng. # 31500252. Silver/ black & red cloth. Odo: 70,000 miles. One of 406 homologation specials built. As a result, though not all that special in the metal, this genuine Carrera GT did attract plenty of presale interest. Despite the fairly recent respray, TLC is required, particularly around driver's side hinges, in the engine bay, and underneath. strictly functional and the engine bay presents well. Side exhaust box is peppered. Cond: 2+. SOLD AT $16,939. Curently, Caterham has the most active fan base of any sports car manufacturer in the U.K. Offering the legend- One corner of lower front panel is detached and unrestrained, and interior trim fabric is much rubbed. The paperwork on file is too patchy to provide much reassurance. Cond: 3+. SOLD AT $15,998. Looking squat and purposeful, and handling like a vice-free dream on a circuit, a 924 Carrera GT can erase many a 911 from its mirrors. As a result, there are those aficionados of the marque who insist that no Porsche collection should be without one. Scruffy as it was, this one outperformed the top estimate. Sports Car Market

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H&H Classic Auctions Buxton, U.K. Column Author ITALIAN #37-1991 LANCIA DELTA INTEGRALE HF hatchback. S/N 000541776. Eng. # 16546747. Red/gray velour. Odo: 113,192 km. Considering that so many of the Beta and post-Beta Lancia imports to cross the Channel quickly develop the rust sickness, and few survive more than an owner or two, this Integrale is one sharp Italian. Seemingly original, too, #61-1991 FERRARI TESTAROSSA coupe. S/N 000087843. Rossa Corsa/tan leather. RHD. Odo: 21,000 miles. From the mileage displayed, this successor to the BB has been driven sparingly by its three owners and clearly carefully stored. Looking all original, the panels, paint, alloys, and leather show only & black/gray leather. RHD. Galloway was the light car marque of Scotland's Arrol-Johnson. This example was originally supplied as a rolling chassis to Australia, where it ended up as a locomotive on a local railroad. Rebuilt in the U.K. in 2005, and fitted with duck-back bodywork inspired by the Alvis 12/50. VSCC-dated and in very reasonable cosmetic order both outside and in. Some stone chips, with acceptable wear to interior fabric, and the jam-packed engine bay presents well. Cond: 1-. SOLD AT $7,528. As one of the most enjoyable slingshots for rapid A to B motoring, a clean Integrale at this price represented a real performance deal. Until the dreaded Roman decay erupts like Vesuvius, for it surely will. very minor chips and wear. The clutch was changed during a recent service. Cond: 1-. SOLD AT $58,345. If you were in the mood for a Testarossa, then this unmolested, lowmileage example would have to be a prime candidate. Sensibly estimated to attract bids, it was correctly given about six grand over guide price, which actually was no more than the minimum a retailer would accept for it. SCOTTISH #59-1925 GALLOWAY 12HP UF roadster. S/N RRUF17. Eng. # 176. Polished aluminum 3 7 C h e s t n u t S t r e e t N e e d h a m, M a s s a c h u s e t t s T e l . 7 8 1 . 4 4 4 . 4 6 4 6 C o n t a c t S t u a r t C a r p e n t e r F a x . www.copleymotorcars.com as a 1925 car. Chassis, unpainted aluminum body, minimalist fenders, and spartan interior all present well. No concours belle, but all very functional and clean. Cond: 2+. SOLD AT $24,091. Inevitably, this car generated lots of Scottish interest, and with the potential for some VSCC eventing, it is not surprising that it made nearly $5,000 more than forecast. Well sold.u 0 2 4 9 2 7 8 1 . 4 4 4 . 4 4 0 6 e-mail: copleycars@aol.com 1963 Bentley S3 Continental Flying Spur, RHD, a/c, restored 1964½ Ford Mustang Convert. Poppy Red, 289 V8, auto, restored 1966 Austin Healey 3000 BJ8 1kmi. on Healey Werks mech.resto. PARTIAL LISTING: 1955 Mercedes Benz 300S cabriolet, Medium Red with tan ............................................ restored. 1961 Mercedes Benz 190SL roadster, Signal red, 4 speed ................................................. 64k mi. 1996 Porsche 993 C4S, Silver w/black, 6 speed, AWD ......................................................... 22k mi. 1993 Porsche 911 coupe, Black w/tan ............................................................................ only 21k mi. 1992 Ferrari 512TR, Red/tan, one owner .................................................................................4k mi. 1977 Toyota FJ40, Freeborn Red w/grey .................................................... unrestored and rust free. 1967 Ford Country Squire station wagon, white, a/t, a/c, 390 V8 .................................... 64k mi. 1966 Ford Shelby Mustang GT350 convertible, .............................................. “as new” re-creation 1966 Ford Fairlane 500 convertible, Yellow, auto, a/c, 289 V8 ......................................... 58k mi. 1997 Land Rover Defender 90, 110 ..................................................................15+ always in-stock. www.copleymotorcars.com 132 e-mail: copleycars@aol.com Sports Car Market 1997 Land Rover Defender 90 LE Willow Green, Limited Edition, 35k mi.

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Column Author RM Auctions Los Angeles, CA Brucker Collection Von Dutch was famous for his legendary talent with the business end of a paintbrush, as well as his temper and his outlandish behavior Company RM Auctions Date May 13, 2006 Location Los Angeles, CA Auctioneer Kathleen Guzman Automotive lots sold / offered 12 /12 Sales rate 100% Sales total $727,150 High sale 1968 Howmet TX turbine race car, sold at $264,000 Buyer's premium Interesting automotive lots, with even more interesting auction attendees Report and photos by Dave Kinney Market opinions in italics W Los Angeles, CA hen it stepped outside the realm of purely automobile sales to kick off its new Pop Culture Division, RM chose the Petersen Museum as the venue for its sale of Kustom Kulture memorabilia formerly owned by the Brucker Brothers. Featured were the possessions and creative works of icons Von Dutch and Ed “Big Daddy” Roth, among others. As Los Angeles was their stomping ground at the height of their respective legacies, the location for such an auction made perfect sense. Those of us who place ourselves in the gearhead Baby Boomer category grew up with the works of Big Daddy Roth. The beatnik marketing genius invited us into the world of Rat Fink and we just couldn't get enough. Although his work grew out of favor as the 1960s turned into the 1970s, we never quite forgot his contributions to hot rodding, car building, and his benign form of counterculture protest. Kenny Howard, much better known as Von Dutch, was a one-of-a-kind character and not someone you would necessarily want to bring home to meet Mom. He billed himself as the inventor of modern pinstriping, and few would doubt that claim. Von Dutch was famous for his legendary talent with the business end of a paintbrush, as well as his temper and his outlandish behavior, especially in the last few years of his life. Meanwhile, the Bruckers—Jimmy and Dan—owned the California theme park MovieWorld Cars of the Stars and Planes of Fame. They not only employed Von Dutch 134 and Roth, but collected their works as well. Finding themselves with two airplane hangars filled with artwork, cars, and other kustom creations, the brothers decided to let go some of their collective goodies. I've been to plenty of auction preview parties, but never one quite like this. Even by Southern California standards, the assembled crowd was as interesting as any of the items up for auction. Women in hand-pinstriped, skintight leather outfits, plenty of '60s survivors toting scrapbooks, Billy Gibbons from ZZ Top—you get the picture. No stuffy khaki trousers and blue blazers here. Outside the party, playing drive-in style on one large wall, was a movie showing Von Dutch painting nude models. And RM's Ian Kelleher brought a 1970s Ford Ranchero to the site to be pinstriped by anyone in attendance who felt so inclined. The sale itself did not disappoint. The early buzz had many locals wondering aloud who would want to buy all these things that had for so long been so accessible. The hefty estimates seemed over the top. But once things got under way, nearly every lot associated with Von Dutch or Roth brought many times its high estimate, including the ten cars and two bumper cars presented here. A once in a lifetime event? Probably not, as rumors floating around claimed there was plenty left in the hangars for a future auction. But it just might have been the one time in my life I could attend a sale like this, and I'm delighted I got a chance to witness one of the memorable auction events of this decade.u Sports Car Market 10% (included in sold prices)

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RM Auctions Los Angeles, CA Column Author GERMAN #129-1970 BMW TOAD. S/N 8547. Red/ none/tan vinyl. Odo: 58,279 miles. All hand built out of various cars, motorcycles, and parts by Von Dutch, and powered by a BMW Isetta motor. Overall build quality looks to be surprisingly good. Everything else around the shop was used in this one, including perhaps one or two liberated signs. Think of this more as a well-equipped grown-up go-kart AMERICAN #234-1922 HENDERSON MIDGET single seater. S/N N/A. Red/yellow vinyl. RHD. Odo: 30,426 miles. Powered by a Henderson motorcycle engine, chain driven, and with chain steering. The last paint job done was an “allover,” as in they got paint all over it, including the polished metal dash lurking underneath. Very complete, still showing four gauges. Appears to be built to very good standards. The accelerator pedal is located right #236-1934 STUDEBAKER PRESIDENT Rumble Seat coupe. S/N 7046502. Light green/gray cloth. Odo: 69,999 miles. A “mostly” survivor, and good quality throughout. A 1958 Pennsylvania State Inspection Sticker sent me looking for rust, not hard to find, but not overwhelming in appearance yet. The older paint has lots of scratches, dings, and nicks. The interior is original and in need of serious help, with plenty of moth-eaten areas and than an actual everyday car. Cond: 3. SOLD AT $99,000. “The Toad” is a testament to the genius side of Von Dutch's flawed personality, and making something out of nothing was one of his well-known specialties. Built literally of the stuff you'd find in the corners, tool kits, and back lots of any old car mechanical shop, he took the sweepings off the floor and spun them into a small scale car. At well over three times the high estimate, as a conversation or museum piece, it's likely worth the high bid. JAPANESE #390-1973 HONDA 600 Custom coupe. S/N AN6001052138. Red/black vinyl. Odo: 30,020 miles. A tired example. Quarter panels and rocker moldings are full of rust. The paint, although largely original, is painted over with sign graphics from its former owner Ed “Big Daddy” Roth. Weak chrome, and the interior is well-used and quite dirty. Cond: 4-. SOLD AT underneath the exhaust pipe—ouch. Cond: 4+. SOLD AT $19,800. Formerly the property of Von Dutch. If there is such a thing as an easy restoration, this could likely be it, as after the paint is stripped there is plenty of good metal to work with. Only the small in size need apply, however. Most drivers would look like a grasshopper with knees akimbo while attempting to accelererate or brake. One of the better buys at today's auction. #239-1929 CADILLAC 341-B Custom town sedan. S/N 506243. Black & burgundy/ black/brown cloth. Odo: 5,875 miles. Appears to have last been restored in an era when restoration standards were, shall we say, lacking. Lots of chips and dents to the low quality paint, some of it peeling as well. All chrome is tired and pitted. Original seat upholstery is torn and discolored, and the headliner appears to have been replaced. A tired example with tears to the cloth. Dual side mounts. A handsome bodystyle. Cond: 3-. SOLD AT $37,400. Sometimes you find a vehicle that looks its part, and appears to be ready to use even if it is run down in condition. This handsome coupe likely still has plenty of life left, and if you wanted to put a restoration on it, that would be OK. My suggestion is to leave it as is and drive it while addressing some of the cosmetic issues. If the rust is not pervasive, this car will still be good looking 100 years hence. #237-1935 STUDEBAKER DICTATOR sedan. S/N 5216919. Black/tan cloth. Odo: 73,751 miles. Older paint still has a small bit of life left. The tires, however, are proving a new law of science just by holding air with this much dry rot. Not much chrome, but what's there is pitted and scratched. Dry gaskets, all are in need of replacing. Original interior shows wear, with a good dash but no rubber mats or $58,850. Used as a rolling billboard by “Big Daddy” Roth, painted with graphics displaying his handiwork, as well as recommendations for what he could do to your car. Said to run well. If someone tells you that celebrity or provenance returns little in automobiles, this would be an example to remember. You can chalk some of the value up to the artwork, but most of it is owning a piece of Roth's persona. 136 lots of needs. Cond: 4-. SOLD AT $18,700. Jimmy Brucker's car since he was 14, used on the 1974 TV show “Manhunter.” Like many so-called “Hollywood cars,” the restoration likely looked good on the small screen, even if it was poorly done when new. Apart from classic Cadillac fans, there isn't a lot of interest here. To restore it would be a labor of love and nothing more, as there is little financial incentive left. carpets, just wooden floor boards. Some moth holes to the seats, and the headliner is stained. Cond: 4-. SOLD AT $14,300. Lots of help is required here. Unfortunately, as a 4-door, the upside is extremely limited financially. A purchase that could be duplicated easily at automotive flea markets or on-line, I'm afraid the new owner will realize the costs of recommissioning this car will be high. #241-1936 BUICK/CHRYSLER Topper Mobiloil/Gilmore Special roadster. S/N 7779879. White/red vinyl. Odo: 80,468 miles. A true bitsa at this point. Very thick paint, Sports Car Market

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Column Author #238-1937 GRAHAM SERIES 120 Recent Il Biscione sales on eBay by Geoff Archer #4627546891-1943 ALFA ROMEO 6C 2500 cabriolet. S/N 915201. Burgundy/tan canvas/black. RHD. Odo: 33,360 km. 26 photos. Newport Beach, CA. One of fewer than six fourseater cabriolets bodied by Pininfarina in 1943. No engine or transmission. A barn find that has been sitting for 50 years. Paint looks like leather. Leather interior looks like burnt paper. “There is a small bit of rust in the right sill, and about a 3-inch hole in the trunk floor. Otherwise the body and frame are nice and solid.” 19 bids, sf 250, bf 29. Cond: 4. SOLD AT $50,200. “A Pebble Beach invite for sure,” quipped the seller, whose elaborate story telling and archeological-digstyle photographs helped bidders to feel like they had been waiting all these years to get behind the wheel. Fair price for a very expensive project. #4625214164-1972 ALFA ROMEO MONTREAL coupe. S/N I425422. Red/black. Odo: 74,381 km. 12 photos. Arnold, MO. In storage for nine years. “Despite the pretty pictures, paint is in poor condition... cracking and chipping are obvious—will need repaint.” New clutch and ignition. “Miscellaneous electrical issues.” Hot start problems. Needs distributor cap, hatch shocks, tires, stereo, rear suspension rebuild, and “Exhaust is with Movie World graphics hand-painted on both sides. One dent to the lower part of the passenger side front fender. Brightwork shows plenty of fade and scratches. Front-opening suicide doors, with wind wings but no side windows—a true roadster. Plenty of wear to the older interior. In need of some major help, with lots of restoration questions to ask first. Cond: 3-. SOLD AT $132,000. Like a cat with nine lives, the Topper Special has been many cars over the years. This car has been a movie car starring in the film “Topper” with Cary Grant and Constance Bennett, a showcase vehicle for Gilmore Oil, the Mobilgas Special after Gilmore was bought out, and lastly, a display at MovieWorld. Originally built as a Buick, it was modified by Bohman & Schwartz, then further modified with a Chrysler drivetrain installed underneath. I think the car was handsome in its original incarnation, and challenged in the looks department today. And there is the new owner's dilemma—keep it as is or restore it back to one of its four distinctive incarnations. #235-1936 WINFIELD MIDGET single seater. S/N N/A. Black/black vinyl. Retired midget racer. Plenty beat up physically, but mostly complete, including front and rear leaf springs. Both chassis and body have survived in a rust-free state. Cord is showing on the tire sidewalls, and the rubber is dry-rotted off in places. The center pressure gauge reads “De-icing system.” Somewhere, a vintage air- CUSTOM Supercharged business coupe. S/N 0206474. Gold/tan cloth. Odo: 19,189 miles. The old paintwork is starting to crack, with some evidence of more recent repairs. Good brightwork, with one part of the stylized “S” on the rear supercharger badge missing. Broken driver's window, but all other glass— including wing windows—is good. Factory banjo-style steering wheel, heater, roll-up shade, 120-mph speedometer, and dual horns. Cond: 3+. SOLD AT $55,000. A great looking example that needs only some sympathetic recommissioning for continued usage. Rare and unusual, the supercharged Grahams are finally getting some of the respect they richly deserve. Note to the new owner: please don't even think of doing a full resto on this lovely timepiece. All the spectators agree, and we like it just the way it is. #240-1968 HOWMET TURBINE race car. S/N 1. White & blue/silver/black vinyl. A hand-built experimental turbine race car. Overall impressive build quality. The good paint shows age deterioration but little wear. Driver's compartment is bare metal and plexiglass, with room for two adults. Full Stewart Warner instrumentation. Missing its fendermounted rear view mirriors on both sides. No worries, it has a periscope set on the roof. Are those Cortina taillights I see? Outside quick- completely shot rear of headpipes.” Runs and drives well. “No splits, tears or rips in upholstery except for shift boot.” 28 bids, sf 202, bf 418. Cond: 3-. SOLD AT $14,000. $14k seems to be the price floor for driveable, “20-footer” Montreals (that need at least $14k of immediate attention). That's not really good news to anyone, and it probably isn't getting better anytime soon. plane is missing a gauge. Engine-turned dash. Cond: 4+. SOLD AT $14,300. A survivor, but only just. This Midget had been reunited with some additional found parts after the catalog photo was taken. The motor is a sectioned Ford Model A unit, cut in half to form a two-cylinder powerplant. Still cheap at this price, but only under the theory that it is quite cool for the dollars spent. release filler cap on passenger side. Cond: 3. SOLD AT $264,000. Powered by a 330-hp Continental Aviation turbine motor, originally designed for use in a helicopter. You can be the talk of the vintage racing circuit with this interesting racer. Not exactly a long string of prestigious races won, but it was the only turbine car to win a race. An important milestone in race car development. Neither cheap nor expensive in my book, but well worth it to a handful of serious automotive investors. See profile on p. 60.u 138 Sports Car Market

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eBay Motors Report by Geoff Archer Market opinions in italics I n honor of the Monterey festivities, this month I offer up a collection of cars I'd be proud to cruise down 17-Mile Drive.* And one bus. *Note: The views and opinions of Mr. Archer do not necessarily reflect those of the SCM staff. Especially the bus. Condition inferred from seller's descriptions; cars were not physically examined by the author. sf=seller's feedback; bf=buyer's feedback #4629210446-1967 CITROËN DS21 wagon. S/N 3556433. Ivory & blotchy primer/ red. Odo: 130,740 miles. 36 photos. Portland, OR. “This is the most solid Citroën DS wagon daily driver you will find anywhere... period.” Many things claimed to work, “even clock (!)” Minor surface rust. “All 5 suspension settings work perfectly... just watch people's jaws drop as you exercise this function.” 23 bids, sf 819, bf 101. Cond: 3-. SOLD AT $6,700. new in and out. 4 bids, sf 0, bf 1. Cond: 2+. SOLD AT $224,800. Ouch. Used to be that $107k would get you a nice luxury car. Now that figure is year-one depreciation? The price was correct here, to someone's dismay. #4640146148-1964 FIAT 600D Abarth Recreation sedan. S/N 1615862. Black & red/black. 38 photos. Pleasanton, CA. Abarth 850TC clone built over a seven-year period by Jim McCann. CO title. 965-cc, 5-speed conversion. “The rear seat has been removed to accommodate the roll bar and also to allow engine access.” 20 bids, sf 241, bf private. Cond: 2. SOLD AT $9,800. restoration otherwise, with a hard top. 38 bids, sf 87, bf private. Cond: 2. SOLD AT $4,650. Considering all the time and money that obviously went into the rebuild, it's too bad that most car guys would be too embarrassed to get in. The modifications therefore did nothing to affect the value. A fair price all around, but it begs the question: Is a Tifosi poseur a Tifoseur? #4623164822-1970 DATSUN 240Z coupe. S/N HLS3004812. Orange/black vinyl. Odo: 80,000 miles. 24 photos. Chattanooga, TN. “I WAS THE NISSAN/DATSUN DEALER THAT SOLD THIS CAR NEW IN 1970 TO MY NEXT DOOR NEIGHBOR AND BOUGHT IT BACK IN 1988. AS GOOD AS YOU WILL I recognized this one from the Silver sale in SCM July 2006, where it made $5,512 (SCM# 41116.) Paul Duchene (who actually cares about Citroëns) told me that price was madness itself. “Hey, I love these things, but above $2,500 you might as well spend the money on liquor and fast women instead of wasting it...” #4633422778-2005 MAYBACH 57 sedan. S/N WDBVF78J65A001065. Silver/gray leather. Odo: 2,941 miles. 24 photos. Cary, NC. Seller is an M-B dealer. $331k MSRP. Includes “Active Ventilated Seats, Cancellation Of Rear Curtains, Cherry And Black Lacquer Trim, Door Closing Mechanism, Electric Sliding Fabric Curtains/Rear Door Windows, Headliner In Different Alcantara Color, Non-Smokers Package, and Retracting Folding Rear Tables.” Very little of which was actually optional. Like A sweet little outlaw Fiat bought without really paying for any of the Abarth kit or custom work. Abarthizzata! As one Italian author put it, “Abarthizzata could be... used indiscriminately to describe a particularly well-endowed girl or a garden tool made more efficient as a result of some ingenious alteration.” Abarthizzata, indeed. #4587579676-1975 FIAT SPIDER Fiatrrari convertible. S/N 0093668. Ferrari red/tan/tan vinyl. Odo: 134,000 miles. 34 photos. San Diego, CA. Apparently inspired by “a 1964 Ferrari 275 GTS,” with door handles and bumpers deleted and rear taillights filled and replaced with small round ones—from a utility trailer? Custom interior done with “Ferrari-like” materials. Copious Ferrari badges applied. In the photos alone, I count nine, including one extra in a Ziploc in the trunk—for your forehead, perhaps. Ferrari flag is also included. A nice 140 Sports Car Market EVER FIND!” All orgininal just about everywhere. “ENGINE NEVER APART,” with a 5speed upgrade. 32 bids, sf 12, bf 106. Cond: 2-. SOLD AT $20,000. Honest description exhibits a dealer's flair (“TERRIBLY EXPENSIVE AND WORTH EVERY PENNY. IT IS LISTED FOR THIS RUN ONLY AND IF NOT SOLD WILL GO BACK IN STORAGE TO NEVER BE ON THE MARKET AGAIN.” Well marketed, well sold. #4582824278-1927 FORD MODEL T hot rod roadster. S/N tex112266. Orange & flame/ white tuck & roll. 6 photos. Pilot Point, TX. Metal-bodied “T-Bucket” style hot rod. Powered by a GM 327-ci V8 with a 350 automatic transmission. Comes with windshield and a TX title. 18 bids, sf 9, bf 52. Cond: 3. SOLD AT $5,565. The down-on-his-luck seller mumbles, “i dont think u can find a nicer t bucket for the price

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Online sales of recent production cars. on here.” Darn tootin'! As a good looking, running, driving, and titled steel hot rod with tons of eyeball, I think this went for half to a third what a better presentation would command. #4600831092-1964 LINCOLN CONTINENTAL sedan. S/N 4Y82N427582. Black/red leather. Odo: 60,500 miles. 7 photos. Los Angeles, CA. “Once owned by Mary Kay of Mary Kay Cosmetics. The car was too ‘dark' for her image, make the car sell faster than it would in any other color. Imagine how much more it might have pulled with a P.A. system playing a recording of Jean Todt saying “Michael. Michael...” #4631186412-1990 ORION V 40 TRANSIT so she decided to go with the more famous pink Cadillac.” 27 bids, sf 0, bf 186. Cond: 3. SOLD AT $7,257. I wonder if she bought it before or after 11/22/1963 and those famously “dark” TV images of JFK's Continental? Apparently nobody else believed this story either. The transaction price is right on the money for anybody's Continental. #4633096627-1977 AMC PACER wagon. S/N A7A687C102868. Yellow & wood decals/tan cloth. Odo: 49,900 miles. 12 photos. St. Louis, MO. Near-perfect, one-owner TN car with 49k original miles being marketed by Hyman, Ltd. Mark points out how disproportionately wide the car is, “Take a look at the 90 gallons of fuel. That's $250 dollars worth of fuel!!” 29 bids, sf 3, bf 2. Cond: 3. SOLD AT $6,553. Who woudn't want a very used transit bus from Iowa? Hmmmm, $6,553/45 passengers = $145 each. Yup, she's got the makings of a very big bachelor party or an elaborate practical joke. #4614813002-1968 ALPINE A110 folks in the movie ‘Wayne's World': five guys and still enough space for headbanging without hitting each other!” 31 bids, sf 215, bf 340. Cond: 2. SOLD AT $11,100. Re-listed at least twice, this is actually one of the most desirable Pacers (how's that for an oxymoron?) made, lacking only the punch of the ultra-rare V8. Fair price, believe it or not. #4575607268-1983 PONTIAC FIREBIRD Trans Am KITT clone coupe. S/N 1G2AW87S0DL212527. Black/brown fabric. Odo: 177,000 miles. 11 photos. Newark, CA. Home-built “Knight Rider” KITT clone. Tinted windows, “halogen light scanner with extra bulbs.” Built “like season 2 including the front nose, quad fog lights, rear taillight cover, it has the RARE 15” wheels with caps. (Those alone are selling over $1,000 if you can find any.)” Interior is stock and tired; many mechanical needs. 15 bids, sf 121, bf 14. Cond: 3-. SOLD AT $4,600. The TV show geegaws don't build up much of a premium here, though I'll bet they September 2006 CAR AND NO LEAKS.” Distributor is “missing, and heater is not working, I will try to fix it before selling.” 57 bids, sf 73, bf 17. Cond: 3+. SOLD AT $22,609. The boy-racer/rally gear on this car was appropriate, and it encouraged 57 bids from 12 different people, thereby setting the new “market price” for hopped up Renault Alpines made in Mexico.u Date sold: 06/28/06 Sale location: eBay Motors #4654021955 Details: #329 is not yet delivered, but title in hand. Includes Ebony Clearcoat, Charcoal Black interior, and Tungsten Gray GT500 side stripes Sale result: $62,100, 14 bids Seller's feedback: 54 Buyer's feedback: 4 MSRP: $40,930 Other current offering: noneu DINALPIN coupe. S/N 00000000167. Red/ black. Odo: 68,000 km. 10 photos. Mexico City, MEX. One of 508 Dinalpins (Alpines assembled in Mexico). 1300 cc bored to 1500 cc or thereabouts. Weber 40. Roll bar and racing seats. “ABSOLUTELY NO RUST IN THE 45 passenger bus. S/N 2B1569774L6030300. Red, white & yellow/blue plastic. Odo: 415,535 miles. 23 photos. Ames, IA. Offered by City of Ames Transit. “Has 3 roof hatches/emergency exits on roof top, PA Mic system, Slider windows, 105 Gallon fuel tank. Comes with about Date sold: 07/03/2006 Sale location: eBay Motors #110002111064 Details: 350 miles, $12k in options includes Slate Gray metallic paint, heated and supple seats with crests, full leather, painted rockers, Sport Chrono, PCM/telephone, and sport shifter Sale result: $142,950, 17 bids Seller's feedback: 303 Buyer's feedback: 136 MSRP: $134,860 Other current offering: Hennessy Porsche, Roswell, GA, 4 in stock starting at $130k 2007 CHEVROLET CORVETTE Z06 Fresh Meat 2007 PORSCHE 911 TURBO Date sold: 07/03/2006 Sale location: eBay Motors #170003840908 Details: Bid to take over a standing deposit with August 2006 “best guess” delivery Sale result: $4,000, 1 bid Seller's feedback: 40 Buyer's feedback: 69 MSRP: $64,890 Other current offering: Private seller asking $90k in an AutoWeek classified ad 2007 SHELBY GT500 CONVERTIBLE 141

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Motobilia Carl Bomstead Von Dutch Prices a Brush with Fantasy RM's new division takes Kustom Kulture Kollection to krazy levels R M ushered Kustom Kulture into the mainstream at the May 13 auction at the Petersen Museum in Los Angeles. It arrived with a hefty price tag, how- ever, as over $3,000,000 changed hands for screwdrivers, hammers, and artwork from such artists as Von Dutch, Ed “Big Daddy” Roth, and Robert Williams. T-shirt art which I am sure our parents thought scandalous at the time sold for serious money. The auction was a result of a serious split between the Brucker brothers, Jimmy and Danny. The collection had been accumulated by their father, Jim Sr., and was displayed at MovieWorld in Buena Park, California, until the property became too valuable for a museum. The collection was moved to Santa Paula and the fraternal disagreements started when Jim Sr. passed away. Despite the collection's troubled history, RM's new Kustom Kulture division got off the ground with these impressive, and oftentimes startling, results. but when compared to some of the later prices it was actually a pretty good deal. LOT #31—VON DUTCH PAINT SPRAY GUN. Estimate: $2,000–$3,000. SOLD AT: $10,350. This was thought to have been Von Dutch's spray gun of choice throughout his career. Well used with “Von Dutch” engraved on the handle. Silly money for a spray gun that cost less than $40 when new, LOT #17—VON DUTCH BLACK SCREWRIVER. Estimate: $200–$300. SOLD AT: $2,990. This was Von Dutch's personal screwdriver with “Von Dutch” engraved on the handle. Rumored to have been purchased at the auction by the U.S. Government to prove that the $600 they paid for a toilet seat was actually a bargain. METAL SIGN. Estimate: $8,000-$16,000. SOLD AT: $149,500. The iconic flying eyeball sign was painted on the tailgate of Von Dutch's Kenford Pickup (think '56 Ford with '47 Kenworth cab). It was the most dramatic sign offered, and the final bid reflected the fanatical bidding. Considering everything else that took place, you might even say this was a decent buy, but it's difficult to say with a straight face. $1,000–$1,400. SOLD AT: $3,680. Small Von Dutch pen and ink artwork measuring 6 1/2 x 8 3/4 inches. It did not strike me as being all that comical, but it sure hit someone's financial funny bone. LOT #130—PERSONAL LOT #128—VON DUTCH PAINTED AND PIN STRIPED LOT #65—VON DUTCH COMIC ART “LINES ON THE GROUND” Estimate: 142 PAINT AND PIN STRIPING BOX OF VON DUTCH. Estimate: $40,000-$60,000. SOLD AT: $310,500. This paint box was first used by Wally Howard and then by his son Kenneth, now known as Von Dutch. A significant piece of Kustom Kulture history, but you Sports Car Market

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can buy a decent house in most parts of the country for what was paid here and have money left over to buy your own pin striping kit. However, it was the tool of a master, and you'll never be able to get another one. bitsa with wood body covered with aluminum and powered by an Austin-Healey engine coupled with a Simca transmission). The appeal of Steve McQueen and Von Dutch was a winning combination and generated silly money. terculture world. Considered to be Williams's most important work. It was displayed at MovieWorld and appeared in the 1971 film “Watch Out for the Bummer.” Sold for well below estimate, but still a bunch for a piece that would give the grandkids nightmares if you hung it in their bedroom. LOT #140—VON DUTCH LOT #172—ORIGINAL ROTH STUDIOS “BROTHER RAT FINK” T-SHIRT AND DECAL ARTWORK. Estimate: $6,000–$8,000. SOLD AT: $25,300. Ed “Big Daddy” Roth capitalized on the hot rod and custom car world of the late '50s and turned weird monsters such as “Rat Fink” into a successful business. Roth Studios employed well-known artists and made a small fortune selling T-shirts and decals. This 1964 piece shocked the parents of the day but is tame compared to today's T-shirt art. The most expensive Roth Studios piece, but the most well known. LOT #80—ED “BIG DADDY” ROTH PAINTED SIGN FOR DISPLAY AT MOVIELAND. Estimate: $500–$700. SOLD AT: $8,050. This sign was 31 x 28 inches and was for the Road Agent, a fiberglass bubble top car built by Roth in 1962. Revell sold over one million kits of the car. Price might not be out of line if you have the car or a very large stack of the models. OIL ON CANVAS PAINTING “GOOD-BYE CRUEL WORLD.” Estimate: $50,000– $100,000. SOLD AT: $115,000. Von Dutch's most recognizable art work. Thought to be a selfportrait and the eye surviving the meat grinder intact relates to the Sixth Chakra, whatever that is. Lots of subtle messages here, but they were lost on the bidders, as this was one of the few items that sold near the range of the catalog estimate. LOT #99—STEVE McQUEEN'S MAILBOX. Estimate: $300–$400. SOLD AT: $2,070. This was the actual mailbox to Steve McQueen's hangar at the Santa Paula airport. Thought to be on its way to a museum display of McQueen stuff, which is where it belongs. LOT #91—VON DUTCH LOT #76—VON DUTCH PAINTED SIGN FOR DISPLAY AT MOVIELAND. Estimate: $500–$700. SOLD AT: $11,500. This handcrafted sign was 44 x 28 inches and made for the Winton Flyer that Steve McQueen drove in the movie “The Reivers.” (The car was a PAINTED SIGN FOR DISPLAY AT MOVIELAND. Estimate: $200-$300. SOLD AT: $4,830. This sign was 18 x 24 inches. Okay, Kustom Kulture was bringing major dollars here, but this one was pushing the envelope. No interesting graphics, and not even in the Von Dutch style. Chalk it up to auction fever. LOT #157—ROBERT WILLIAMS OIL ON CANVAS “IN THE LAND OF THE RETINAL DELIGHTS.” Estimate: $250,000–$500,000. SOLD AT: $184,000. A significant piece from the coun- LOT#107—STEVE McQUEEN'S ENGRAVED PADLOCKS. Estimate: $600–$800. SOLD AT: $12,650. No, that is not a typo. Someone paid over six grand each for run-of-the-mill padlocks. They were engraved by Von Dutch with “McQueen Hanger,” but again, the combination of two famous names pushed a couple of mundane items into the stratosphere.u CARL BOMSTEAD is a decades-long automobilia expert who lives in the Pacific Northwest. Send your questions to: motobilia@sportscar-market.com. Digital photos, high res is best, must accompany your queries. Due to the volume of mail we receive, not all questions can be answered. September 2006 143

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SCM Gallery Featured Artist Harold Cleworth: The Pink Fin Guy A mysterious man with a 300SL Gullwing drove up, liked what he saw, and commissioned Cleworth to immortalize his car by Kathleen Donohue The pop-art influence on automotive art U pon seeing a painting by Harold Cleworth, you may well experience an “is it live, or is it Memorex” moment. He is recognized among his peers as the “Godfather of Superrealism,” and his images look, strangely, more real than the photographs they're based on. Some of his most famous works have spread far beyond the car world, appreciated as sleek modern graphic images by art lovers who wouldn't know an Aston from an Austin. And, says Cleworth, he owes it all to his dad. “My father was a bus driver in Northern England for 50 years,” says Cleworth. “He had a garage full of car parts. I guess you could say he introduced me to the aesthetics of an engine. He gave me a very practical sense of what made a car work.” While he was learning about the guts of cars with dad, he was drawing constantly. He also painted what he saw around him: the industrial landscape of Leigh, a “grimy little town” not far from Liverpool. Cleworth showed his work in local pubs. Though he loved painting more than anything, he also had a working-class practicality; he entered the Manchester College of Art and majored in graphic design. The turning point for Cleworth's art may have been when he hitchhiked as a teen to London for the Earls Court Motor Show. There among the elegant Jags and Rolls and 144 Aston-Martins was a 1959 Cadillac convertible. “It was silver, with a silver leather interior. The English were horrified. But I loved it. That was when America introduced me to bad taste.” While the Caddy may have left its treads on Cleworth's heart, it would be years before his love for the car would find its way to his canvas. After graduating, Cleworth landed a job at Decca Records, where he designed album covers for fledgling bands like The Who. “I knew a lot of them when they were nobody. I'd come into work and they'd say, ‘We just signed a new band called the Rolling Stones, go take some pictures.' It was great, hearing this fantastic music in these little clubs.” But there was no freedom to create under his “dreadful” art director. SAN ‘FIN'CISCO In 1972 he headed for the States, land of his beloved tailfins. He rented a former beauty parlor in Haight-Ashbury in San Francisco, which served as a studio, shop, and home. There, he soaked up the psychedelic scene while freelancing as a graphic artist and trying to find time for his own art. His first piece of car art was also a stunning piece of pop art: the tailfin of that '59 Caddy. He'd never forgotten it—only now it was hot pink. He scraped up enough money to turn the fin painting into a print, and for an entire year, that was all he had to sell; the entire shop was filled with the same bold image. “I covered the walls with it. Sold it for $25 apiece. I was known around town as the pink fin guy,” laughs Cleworth. “I may have been a little ahead of my time in recognizing the fun, the kitsch of that period. At the time, America was a little embarrassed about that late '50s period of automotive history.” In 1978, fate arrived at Cleworth's shop—in a '55 Mercedes Gullwing. A mysterious man named Rick Reuben walked in, liked what he saw, and commissioned Cleworth to Sports Car Market

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immortalize his car. “But he also gave me $2,500 to make prints. He said. ‘All I want is the painting, you do what you want with the prints.'” The strong graphic image of the Gullwing, doors open, had a broad appeal, especially at the height of the disco craze. Furniture stores bought hundreds for the beautiful people on the lookout for artwork to complement their trendy décor. “I sold a couple hundred thousand of those prints.” Then, just as mysteriously as he materialized, Reuben vanished. “I have no idea what happened, but I have never seen him since. He just disappeared. I'd love to find out what happened to him and the painting. That was the painting that established me.” GIVE 'EM WHAT THEY WANT With the success of the Gullwing, Cleworth had found his niche. He did an entire series on the Gullwing, then moved on to other marques. He found that the public loved his slick, sexy images of exotic cars—Ferrari, Porsche, Lamborghini. According to Cleworth, “People would say, ‘You know, if you did a Countach, you'd make a lot of money. So I did, and they were right. I gave the market what it wanted.” But he also did it his way, exploring and bending the limits of automotive art. Not satis- fied with creating the car portraits or racing scenes he did when commissioned, Cleworth had his own edgy ideas. He once came across the burned-out shell of a Ferrari. He took it to a wrecking yard and had it cubed into a 2,000-lb coffee table, then made it the subject of his most talked about portraits: “A hunk of crushed metal that just happened to be a Ferrari.” These days, with Cleworth's inventive mind and the financial freedom to create whatever he likes, nothing seems beyond the pale—hubcaps inspired a dinner plate series designed for Mikasa. Cleworth, ever challenging the prevailing views on good taste, even tried his hand at painting on velvet (which he likened to “painting on shag carpeting”). When he pushes the envelope, his fans love it—and they get him. “A gentleman who bought one of my paintings at Pebble Beach told me, ‘You know, one thing you have more than any other artist is a sense of humor.' I thought that was a great compliment.” Recently, Cleworth has been getting ready for the Pebble Beach show along with the other members of the Automotive Fine Arts Society. “We're all expected to produce three never-been-seen pieces. This show gives me enormous freedom to do exactly what I want. Inspired by a mysterious benefactor That's all I want to do now—paint things that really inspire me.” And what car did he paint for Pebble Beach? A bumper car from the arcade at the Santa Monica pier. “It's got a great, '50s kind of feel. And it is a car, of some sort. I think it's fun. I hope it puts a smile on people's faces.”u KATHLEEN DONOHUE is a regular contributor to Sports Car Market. See more artists' works at www .sportscarmarket.com/artist-gallery. September 2006 145

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Bike Buys Paul Duchene 1962 Matchless G50 CSR “Golden Eagle” The CSR's smaller carburetor and larger muffler reduced the engine's excellent, big-valve airflow to wheezy inefficiency A sure sign you hit the ball out of the park with a race car or motorcycle is that officials ban you on some technicality or change the rules for next year. That's what happened to the 500- cc Matchless G50 in 1963, when the AMA decided it shouldn't be allowed to race in the U.S. because it wasn't based on a street bike. This reversed a 1961 vote which had okayed the G50 and was particularly upsetting to Dick Mann (who won the #1 Grand National flat track plate on one). By the time the G50 was reinstated, it had gone out of production. Matchless produced only 25 scrambler versions of the overhead-cam racer to meet the requirement of street legality. The result was the Matchless G50 CSR—also known as the “Golden Eagle”—one of the most valuable bikes to bear the Matchless name. If you've watched films of 1950s and 1960s motorcycle racing in Europe, you might think the Norton Manx was the backbone of British efforts. But AJS and Matchless both fielded simpler overhead camshaft bikes with considerable success and such style that it was their bikes that Honda copied for its GB500 single, now the designated two-wheeled icon in many car collectors' garages. The GB500's lukewarm initial reception and short production run took it straight from flop to collectible, based on its looks. The 350-cc AJS 7R “boy racer” first appeared in 1948 and proved a match for the Norton 350-cc Manx. With a chain-driven, overhead-cam engine, the 7R made extensive use of magnesium engine castings, gold-painted for protection. Much work could be accomplished while the engine was in the frame, which delighted privateers. The bikes distinguished themselves in every class for which they were eligible. But the real stroke of genius occurred in 1958, when the 7R engine was boosted to 500 cc and the Matchless G50 was created. A total of 180 G50s (for 50 hp) were built in the next four years, according to author Mick Walker, and the bike proved instantly competitive, weighing barely 300 pounds—the same as the 350-cc AJS. Dick Mann almost won the G50's U.S. debut in Perfect G50 Owner: Also races a G50 and has lots of spares Rating (HHHHH is best): Fun to ride: HHH Ease of maintenance: HHH Appreciation potential: HHHH Attention getter: HHHHH Years produced: 1962 Number produced: 25 Original list price: $1,550 SCM valuation: $25,000-$35,000 Tune-up/major service: Under $50 DIY Engine: 498cc, OHC single Transmission: 4-speed Weight: 320 lbs Engine number: Left side of case Frame number: Right down tube Colors: Blue with tan seat, red/black with black seat Club: AJS & Matchless Owner's Club, John Diederich, 118 Pointe Harbour Lane, Mooresville, NC 28117-3511 cycletoys@aol.com More: www.ajsmoc.com 146 1962, finishing ten feet behind Don Burnett on a works Triumph at the Daytona 200. Mann also raced the G50 on flat tracks with a BSA Gold Star rigid frame, until the BSA frame was banned. So he finished the season on the 7R frame in both categories—the first man ever to race a bike with suspension on flat tracks—and took 3rd nationally. Such success disturbed the so-called “iron triangle” of BSA, Triumph, and Harley-Davidson, and a protest was filed that the G50 was not a street bike, as the AMA demanded for production racing. So the AMA banned Mann from the 1963 Daytona 200, though unaccountably, he was able to ride flat track with the 7R racing frame and actually won the #1 plate that year. While the road racing protest wound its way through the AMA system, Matchless thought it had solved the problem by creating the street-legal CSR. It crammed a version of the high-revving G50 motor into the G80CS Scrambler frame. Lights were powered by a belt-driven generator, and a smaller carburetor was fitted, as well as a larger muffler. The overall effect was handsome, but did not run very well. The carburetor and muffler combination reduced the engine's excellent airflow to wheezy inefficiency. Brian Slark is the curator at the Barber Vintage Motorsports Museum, which has a G50 CSR among its 700 bikes. He himself built G50s at Matchless in the late 1950s, and thinks 100 was the factory's total production. Slark says the G50 engine was wasted in the brazed and lugged G80CS, which was crude compared to the racing 7R frame. With the AMA allowing G50s to race again in 1964, the main threat to the CSR Scramblers' survival was their owners, who cannibalized them to keep race bikes going. John Posthuma of Allendale, Michigan, owns two G50 CSRs and has traced 20 of them. There are 15 complete bikes, with eleven in the U.S., one in Italy, another in Canada, a third in Sweden, and one in England that avoided destruction in the National Motorcycle Museum fire. The Matchless G50 engine proved relatively bullet- proof and was raced competitively through the 1960s, first in the hands of Tom Kirby's team, then Colin Seeley, who bought out the Matchless racing department when the company quit in 1965. The engine was progressively developed until in 1970, Tommy Robb brought his own bike home 4th in the 500-cc World Championships against the factory teams. Japanese two-stroke race bikes eclipsed Nortons and Matchless singles in the 1970s, but the British bikes had their revenge when they became eligible for vintage events and, armed with new technology, have proved extremely competitive. Slark says the principal problem with buying a G50 CSR is finding a real one. Frame numbers don't mean much, he says; engine numbers identify the model and year. Since race bikes were made at the same time and G80CS Scrambler frames occasionally turn up, provenance is everything. G50 road racers trade in the $30,000–$35,000 range, with most having been assembled after the factory quit making them. Slark thinks a good CSR would command at least the same value. By way of comparison, noted stunt man and bike expert Bud Ekins paid $15,700 for a skeletally incomplete Matchless G50 at Bonhams Los Angeles motorcycle auction last November. A Matchless G50 CSR is a definitive thumper, feeling like it leaps tall buildings with every piston stroke. All true two-wheeled gearheads know that multi-cylinder bikes, especially those with more than two, are for sissies. And now that modern technology has ironed out some of the performance challenges of the original, all you need is a right leg sized like Godzilla's to start the thing and set off bounding across the countryside, a leap at a time. u PAUL DUCHENE has been riding, racing, and writing about motorcycles for over 40 years, and has the scars to prove it. Sports Car Market AJS & Matchless Owners Club.tif

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Mystery Photo Answers When Martin Swig decided to change his $500-car endurance event, known as the “Double 500,” to an overnight event, Jay Lamm came up with the perfect entry. —Norman Vogel, San Francisco, CA dear. This is not a Prevost.—Stephen Miller, Muncie, IN To fend off the high cost at the local univer- sity, the family decided to provide Gomer with their attempt to offset the expense of room and board.—David Bracker, Oakland, CA As in the original “Alien” movie, this just proves that really nasty creatures can pop out from anywhere.—Bob Peterson, Brooks, GA Chrysler tried many variations, including this “cab rearward” design, before settling on the “cab forward” look.—Alan Sosnowitz, Stamford, CT While his truck is not for sale you can now own Billy Carter's home.—Andrew A. Bucci, Premier Financial Services With his reserve set high to capitalize on Runner-up: In the wake of Katrina, the Jone- ses were a little upset with their insurance company's attempt to provide them with “comparable value” of house and vehicle after months of back and forth. They are appealing.—Kathleen Kenny, Oakland, CA This file photo of one of the earliest SUV concept vehicles shows that the idea still needed refinement before it could be expected to be a success.—Tim Wright, Glendale, AZ USAPPRAISAL This Month's Mystery Photo Response Deadline: August 25, 2006 Our Photo, Your Caption Be the author of the most accurate, creative, or provoca- tive 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; e-mail: mystery photo@sportscarmarket.com; snail mail: Mystery, P.O. Box 16130, Portland, OR 97292. Please include your name and contact information. Send us your mystery photo. If we use it, you'll get an official “SCM Fright Pig Inspector” cap. E-mail photos at 300 dpi in JPEG format. Dodge Bros. speculate on market potential for time-share, fifth-wheel, four-door concept with lonely entry at International RV manufacturers event.—Del Bowman, Rancho Mirage, CA Always ahead of his time, Lee Iacocca's car-based SUV concept was never produced only because Engineering couldn't fit a vinyl Landau top.—John David, St. Louis, MO Don't care what the salesman told you, the recent Mopar auction frenzy, Billy Bob found a way to save on motel costs as he traveled from auction to auction seeking a bidder for his Mopar.—Pete Cowper, Visalia, CA This month's winner is Norman Vogel. He'll receive a 1:18-scale model courtesy of Dave Kinney's USAppraisal for his understanding of the true cheapskate nature of otherwise highlyacclaimed author and journalistic raconteur Jay Lamm.u 148 Sports Car Market

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Comments With Your Renewal Nice magazine, intellectual, and not the same dialogue as other car mags.—Arthur G. Roberts, Briell, NJ More barn finds.—Tom Cot- ter, Davidson, NC If we find them, will you write about them? (Cotter is the author of the hit book, The Cobra in the Barn.) – ED. SCM is God's gift to my world.—Paul Hittner, San Marino, CA Why so down on Fiats? I have owned several and currently am involved with the X1/9. You state that this well-handling sports car will never go up in value—that its situation is “hopeless” And you know what? You are right! Of course, I love mine anyway.—Bill Groesz, Redmond, OR More sports cars, race cars; fewer muscle cars, fewer prewar.—Gordon Medenic, Pelham, NY Your customer service is as good as your magazine.—Patrick Leahy, Perrysburg, OH All credit there goes to our subscription coordinator extrordinaire, Cathy Griffis. – ED. Enjoy Sheehan's comments. Would like more info on motorcycle collecting.—James Truitt, Carmel, CA Keep the variety and the hu- mor and do not forget the fright pigs! Also, don't forget the enthusiasts who buy cars because they like them, not just to flip. And stay away from hot rods.—Arno Leskinen, Gilbert, AZ One of a kind. Visionary and classy from a long time Alfa Market subscriber—Mark Robley, Henderson, NV I especially love the comment section—Art Weiner, Bohemia, NY Keep up the great semi biased coverage.—Andrew Raicevich, Lakewood, CO Give me your old, your eclec- tic and tired old oddballs…Rusty sports cars and fright pig relics are rare more interesting than following the current Detroit madness. You are coming perilously close to becoming Muscle Car Monthly.—Charlie Hanson, Port Townsend, WA Enough with all the muscle car coverage—get back to the true sports car!—B. Stein, Glen Ellen, IL The magazine is evolving very nicely. How about a feature article by Legal Analyst John Draneas?—Paul Dart, Lafayette, CO See his article in this issue. – ED. Stay loyal to Alfa.—Bill Gehring, Kirkland, WA I just wanted to drop you a note to say I love your magazine. I just started a new subscription, and your magazine has the best photos, and best comments of any magazine I have read. My wife and I both have a Corvette. Mine is a 95' coupe and hers is a 99' Convertible. We love our new automotive investments. Your magazine has a great insight as to what the market is today, and what it may predict in the future. Furthermore, you show many of the great automobiles that are available on the market today. My car collection has just started, but your magazine will help with future investments. Great job.— David Kalvin, Venice, FL Keith's comments in the Au- gust issue about the under-30 crowd and convertibles evoked a wide grin. I told my young staff that after a heavy rain you could always identify drivers of old British convertibles by their wet left knee. They had no idea what I was talking about, and even when I explained it, they didn't believe me.—Chuck Perry, Atlanta, GA And thanks to all of you for your thoughtful comments and your renewals.—ED. September 2006 149

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SCM Showcase Gallery Sell Your Car Here! Includes SCM web site 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 16130, Portland, OR 97292, 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. ENGLISH Jaguar D Type Recreation 1950 Jaguar XK 120 Alloy Dealer modified 100M specs. 72 spoke wheels, oil cooler, elect fan; new interior, restored 1991, painted 1996, 25,000 euros. John du Gan, j09601r@yahoo.com. (Italy) 1955 Devin Terrific driving XK 150, professionally restored to high standards. Red with tan leather and top. JNCA concours winner. Comprehensive reciepts & toolkit. Sensible upgrades. View photos and our complete collector car inventory at www.giocars.com. Giordano's Vintage Motors. $77,000. Jim Giordano, 425.333.5600. (WA) $125,000. Doc's Jags, 480.951.0777. (AZ) Marcos Marcos, 6cyl or 8cyl, manual transmission Paul Batovsky, 423.344.5713. (TN) 1935 Wolseley Hornet Special All alloy, as-is. $168,000. Doc's Jags, 480.951.0777. (AZ) 1951 Allard J2 Cadillac $125,000. Doc's Jags, 480.951.0777. (AZ) 1959 Triumph TR3 $74,900. Doc's Jags, 480.951.0777. (AZ) 1958 Jaguar XK150 Roadster # 175625. An excellent example of one of Britain's pre-war sports car specials. Ran Monterey Historics many times in last 15 years. Grand Prix Classics, La Jolla, CA, info@grandprixclassics.com, www. GrandPrixClassics.com, 858.459.3500. (CA) 1937 Jaguar SS-100 3.5L #1859 Red/black, outstanding example with documented U.S. ownership and racing history at Watkins Glen & Elkhart Lake. www.GrandPrixClassics. com, Grand Prix Classics, 858.459.3500. (CA) 1952 Jaguar XK 120 Call for pricing. Doc's Jags, 480.951.0777. (AZ) 1948 Jaguar Mark IV Numbers matching and concours condition in every detail. Just ran the NE 1000 flawlessly. White with blue leather, blue top. Documented restoration. Period correct radio, overdrive. A spectacular car, ready for touring. More photos on web site: www. deGarmoLtd.com. Matt deGarmo, 203.852.1670. (CT) $91,900. Doc's Jags, 480.951.0777. (AZ) $77,777. Doc's Jags, 480.951.0777. (AZ) 150 1954 Austin-Healey 100-4 BN1 Very sharp classic Austin-Healey 100-4. Tight, rust free, nice paint, beautiful interior, new top, excellent mechanicals with fresh rear main seals and head gasket. Drives and looks great! A must see! Great summer fun. See photos on ContinentalAutoSports. com. $41,950. Jeff DiSandro, 630.655.3535. (IL) 1959 Jaguar 150S Roadster Nice 150S, complete mechanical rebuild with an update to a 5 speed manual transmission. All systems rebuilt and refurbished; brakes, engine, transmission and suspension. We have completed a full inspection, service and tune. Detailed engine compartment and undercarriage. A great drive, must see. See photos on ContinentalAutoSports.com $109,900. Jeff DiSandro, 630.655.3535. (IL) $249,000. Doc's Jags, 480.951.0777. (AZ) 1950 Jaguar XK 120 OTS Only removable hardtop designed by Devin, Monterey entrant 1996, won Seattle Worlds Fair in 1963 as “Most Beautiful Sportscar,” FIA papers, Chevy V8 300 hp, 4 spd., front disc., restored and licensed in CA. $79,000. Jim Ashworth, 925.964.9335. (USA) 1955 Jaguar XK 140 OTS 1959 Jaguar XK 150S 24K original miles. $74,500. Doc's Jags, 480.951.0777. (AZ) 1955 Austin-Healey 100M Vintage racer - VSCCA/SVRA/VRG. Fresh engine May 2006. Rebuilt front suspension. Two sets tires/ wheels. Set up for HANS, more. $25,000. Paul Balich, 518.496.4600. (NY) 1959 Jaguar XK 150 Roadster 1954 Jaguar XK 120 1959 Turner 950S Beautufully restored years ago; now a fantastic driver, all correct, has all weather equiptment. Finished in white, black leather interior, black top, tonneau and side curtains. Lots of fun, great investment. Matthew L. deGarmo Ltd. More photos on web site: www.deGarmoLtd.com $19,500. Matt deGarmo, 203.852.1670. (CT) 1961 MGA 1600 Roadster Ivory with red leather interior and black top. TopFlight, comprehensive restoration recently com- Sports Car Market

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• ANTIQUES • EXOTICS • RODS • CLASSICS • KITS • SPORTS Offering Low National Fixed Rates Starting At • 5-Min. Approval Possible • Long Terms: 4 to 10 Years • Fixed-Rate • Purchases • Refinancing • Prequalify For Auctions 6.99%* APPLY NOWto be driving that special automobile 1-800-USA-1965 APPLY ONLINE AT WWW.JJBEST.COM Dealer Inquiries Invited *6.99% APR on $100,000, 7 years $1508.78 Monthly. Simple interest, fixed rate. Correct at press time. This ad highlights one program—different programs available.

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SCM Showcase Gallery pleted. Ready for concours competition or driving enjoyment. One of the finest MGAs available. View photos and our complete collector car inventory at www.giocars.com. Giordano's Vintage Motors $29,500. Jim Giordano, 425.333.5600. (WA) 1961 Aston Martin DB4GT 1966 Jaguar XKE The ultimate XKE. Triple carbs,covered headlights, full syncro g-box, reclining seats and the big 4.2-liter motor. Last JCNA score 99.97. The best. Pietro@QuattroFino.com. $135,000. Peter, 630.773.1888. (IL) 1967 Jaguar XKE I OTS Class 1 National Show winner. Full restoration. Photos on www.jenseninterceptor.com. $68,000. Doug Meyer, 425.788.0507. (WA) 1976 Triumph TR6 Rare factory lightweight, one of two in LHD. Superb restoration to very original specification. Wellknown in AMOC, full documentation. The ultimate dual-purpose sports GT. www.donrose.com Don Rose, 617.513.0388. (CT) 1963 Tiger Shelby Prototype Shelby Sunbeam Tiger Prototype in eBay auction last two weeks August 2006. DVD and historic details at www.ShelbyTiger.com 505.445.4455. (NM) 1966 Mini Cooper Genuine, 11,000 documented, one owner miles. Near flawless original interior, AM/FM/SW, fog lights. Preservation Class beauty! With custom trailer. $29,500. Maine Line Exotics, 207.286.9467. (USA) 1967 Lotus Elan SE A real Mini! This Cooper S has been the subject of a complete remanufacturing process and has covered only 2,800 miles. This includes a complete body shell and later type interior. Mark 1 nose and tail. Performance options include: Minilite wheels, flares, Yokohama performance tires, Moto Lita wood steering wheel, 1300 fuel injected Austin/ Rover high performance engine, lowered suspension, disk front brakes, short shifter and driving lamps. An outstanding drive, must see. See photos on www.continentalautosports.com $19,900. Jeff DiSandro, 630.655.3535. (IL) 1966 Jaguar XKE I OTS 2.0L SOHC Ford engine, Weber carb, custom header, competition seatbelts, roll bar, full top and tonneau cover. $10,500. John Mack, 503.646.6023. (OR) 1999 Lotus Esprit V8 DHC, Weber head, Mallory electronic ignition, Tilton starter, aluminum fuel tank, baffled oil pan, factory hard top. A good driver! $10,000. David Jackson, 661.201.6684. (CA) 1969 MGC GT Silver, black leather, moon roof, 3-piece wheels. 49,000 miles. Meticulously cared for. Completed 48,000 mile service, including new clutch. Tons of recent work done. 0-60 in 4.1 seconds. $40,000. David Slama, scmgold@sportscarmarket.com, 360.944.1066. (WA) $75,000. Doc's Jags, 480.951.0777. (AZ) 1966 Austin-Healey 3000 Mk III Rust-free coupe with four-speed and working overdrive. BRG and black. Excellent daily driver with new bumpers, Moto Lita wheel, stainless steel exhaust and correct seats with new leather and foam. Fast, fully sorted and ready to drive away. A genuine 120 mph six-cylinder British GT for one-twentieth the price of a DB5. $12,500. 314.413.6039 1971 Jaguar Restored with one owner since 1979 and records from 1976. Chrome. $49,500. Fantasy Junction, 510.653.7555. (CA) 152 Group 44 Jaguar race car. $125,000. Doc's Jags, 480.951.0777. (AZ) FVS4. Very rare and simply spectacular. Correct Chrysler 300 Hemi, runs and drives as new. Finished in silver, red leather. Recent comprehensive service, detailed throughout. www.deGarmoLtd.com $95,000. Mattew L. deGarmo Ltd, 203.852.1670. (USA) Medium blue, dark blue leather and top. Floor automatic, factory a/c, pw. Original Becker radio,Books, Sports Car Market FRENCH 1958 Facel Vega FVS4 Glacier White. Older restoration. Zero rust. New SC engine, transmission, discs, leather, tires, battery, 12V electrics, more. Two owners since 1970. Looks, runs great. $29,000. John Darack, 508.653.5094. (MD) 1968 Mercedes 280SE Convertible 1956 Copenhagen Show car. Recent valve job, rebuilt injectors, pump and hydraulics. Straight and rust free. $365,000. Fantasy Junction, 510.653.7555. (CA) 1959 Mercedes-Benz 190 SL $76,000. Doc's Jags, 480.951.0777. (AZ) 1967 Mini Cooper 1275-S 1600 Normal. Red, tan interior and top; tools, books, flawlessly restored black plate Calif. car. Runs, drives and looks spectacular. Ready to show or drive like the blazes. Matthew L. deGarmo Ltd. Website: www.deGarmoLtd.com $95,000. Matt DeGarmo, 203.852.1670. (CT) CF56836, 79k, rare original Java Green color, excellent top, original black interior, owners book, tools, not showcar, looks good, excellent driver, many photos! $12,000. Doug Taber, 805.927.5044. (CA) 1984 Lotus Sabre Seven 1956 Mercedes-Benz 300 SL 1975 Jensen Interceptor Mark lll Convertible GERMAN 1956 Porsche 356 Speedster Excellent condition. New rebuilt motor. 34,000 miles on car. Right-hand drive. All original. All records. $40,000. Peter Nicoll, 450.451.6518. (CAN) 1963 Porsche 356

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British Motor Corporation A full service restoration facility specializing exclusively in the restoration of Austin Healey automobiles. Our teams of six Austin Healey specialists offer some of the finest panel fit and hand finish in the Healey world. Turn key Healey's available restored and built to your specifications. British Motor Corporation 1741 N. Front Street Philadelphia, PA 19122 215 291 9666 www.britishmotorcorp.com Knut Holzer/Owner Located in the Canton Marriott Hotel 320 Market Ave. S., Canton, Ohio 44702 call Toll free: 866-653-8900 ext. 77 9 –5 Mon.–Sat. www.motorcarportfolio.com Buy – Sell – Trade – Financing – Layaway We buy special cars from special people, 1 or a collection! 1967 Austin 1800 4dr sedan “Landcrab”, BMC 4cyl, 4 speed manual, black with red interior, super rare in the USA! $12,950 1964 Amphicar 770 4 passenger convertible/BOAT, 4cyl Triumph with 4 speed manual trans, Red in/out, enjoy on land or water, RARE! $89,950 1969 Mercedes 280SL Roadster OHV 6, auto, 2 tops, Moss green in and out, mint condition! $38,950 1959 Elva Courier Roadster MGA 4cyl w/4spd trans, Red with black interior, designed to race w/best of British tech! $29,950

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SCM Showcase Gallery tools. A gorgeous and very well documented car. www.deGarmoLtd.com $49,500. Mattew L. deGarmo Ltd, 203.852.1670. (USA) 1971 Mercedes 280SE 3.5 Coupe 1952 Ferrari 340 America Ghia 1972 Ferrari 246GT Dino Drogo re-body in 1965 for Count Johnny Lurani a la California Spider. Wayne Obry engine. 2005 Ferrari Challenge prep by Motion Products. $595,000. Fantasy Junction, 51 0.653.7555. (CA) Burgundy/tan, 5 speed, only 33,000 miles, Borranis, rare covered headlights, non-original 330 GT engine, good condition throughout, $10,000 in receipts. $48,500. Peter Sweeney, 860.350.1140. (CT) of 62. $249,500. Maine Line Exotics, 207.286.9467. (USA) 1973 Datsun 240Z U.S. version, silver/black, black leather int., auto a/c, outstanding example with excellent records. www.GrandPrixClassics.com Grand Prix Classics, 858.459.3500. (CA) 1973 Porsche 911S and 911T CIS S/N 0150A. Ex-Paravanno. Prepped and raced to 5th O/A in '52 Carrera Pan Americana by Jack and Ernie McAfee. Restored. Recent service. $1,100,000. Fantasy Junction, 510.653.7555. (CA) 1957 Ferrari 250GT Boano Both cars are factory correct and rust free. S: blk/ blk, Kardex, factory sport seats, restored by Stoddard, $45,000. T: silver/houndstooth, all documentation from new, unrestored, timewarp car, $22,500. Jason Smith, 319.651.9032. (IA) 1973 Porsche 911S Gorgeous Pinin Farina design. Fresh motor and paint. History from new. Fully serviced. Eligible for everything. Pietro@QuattroFino.com $275,000. Peter Fino, 630.773.1888. (IL) 1965 Alfa Romeo Giulietta Sprint Normale Red, tan leather, flawless original mousehair dash. A gorgeous and very original car. Beautifully maintained. Needs nothing to drive and enjoy. www. deGarmoLtd.com $98,500. Matthew L. deGarmo Ltd, 203.852.1670. (USA) 1972 Ferrari 365GTB/4 One of the best driving Daytonas you will ever drive. All books, tools, and records. Original bill of sale. Pietro@QuattroFino.com. $235,000. Peter, 630.773.1888. (IL) 1973 Ferrari Dino 246 GTS This Dino 246 GTS has been completely restored, finished in Fly Yellow with full black leather Daytona seats, Campagnolo wheels with new Michelin XWX tires. $26,000. Mary Crider, (AZ) 1981 Alfa Romeo Spider Restored, with bare metal respray and complete engine rebuild of original engine. No rust/no hit Southern car. Air conditioned Targa. $79,500. Maine Line Exotics, 207.286.9467. (USA) 1975 Volkswagen Super Beetle Beautiful cherry red Super Beetle. New headliner, new high grade leather upholstery, new metal liners (floorboard) underneath. Runs great! $4,500. Judith Boyer, 210.744.5578. (TX) ITALIAN 1933 Alfa Romeo 6C 1750 Supercharged Grand Sport Spyder by Zagato Rare 4.0 liter with matching numbers. Original paint. Completely rebuilt, from the radiator back to the gas tanks to very high standards. All new interior, top and trunk. Seats and door panels done in Turin. A web site has been set up showing restoration timeline. http://tinyurl.com/h6wk6. Email for copy of restoration details. POA. Frank Mandarano, 206.310.8380. (WA) Series 6. Last of the 1750 GS series. Chassis # 121215062. Engine # 6C 1010*1*4866. Residing in Belgium until circa 1970s and then sold into U.S. In 2000 sold through Monaco and eventually back to U.S. Period red exterior. Cosmetically and mechanically very good. Considered well mannered and highly competitive for the era (from 1929 to 1934 the 1750 series had dominated the field at the Mille Miglia with 22 wins). Today the 1750 GS Spyder Zagato is an easy entry into qualifying vintage motorsport events offered today. $495,000. Garry Roberts, 949.650.2690. (CA) 1952 Ferrari 212 1969 Alfa Romeo Spider Veloce Great driving. Many consider the 1969 the most desirable year of the Alfa Spider as it combines the early “boat tail” design with the later mechanicals. Including Spica fuel injection and the free revving 1750 engine. This car is an attractive driver. Strong mechanicals with a powerful 1750, smooth transmission and great brakes. Newer top and interior. See photos on ContinentalAutoSports.com. $19,900. Jeff DiSandro, 630-655-3535. (IL) 1969 Ferrari 365 GT 2+2 Great history including 1952 and 1954 Mille Miglia. 154 Solar Red, long term Toyota Dealer/collector ownership. Very correct, drive anywhere U.S. example. 1 Sympathetically maintained southern Cali car. No rust ever. NOS59AM, Lincoln Zephyr hydraulic brakes, new complete wiring looms, radio, tool kit, etc. (Orig. brakes, etc., inc.) Excellent go anywhere condition. $44,500. Ron Bennett, 562.431.6584. (CA) Sports Car Market 308 GTS QV, VIN ZFFLA13S000048791 (1984 Swiss model). Red with tan interior. I am the second registered owner. The car has always lived in California and has won the Ferrari Club's platinum award with 98.5 points or more for several years in a row. I also have a letter of authentication from Ferrari North America. As well has service receipts from day one. The car has all of the DOT/EPA papers and a California Bar code. It also has all of the books, tools and jack. This is one of the best 308s out there. 21,500 miles. $45,000. Ron Avery, 818.772.6034/997.6931. (CA) JAPANESE 1967 Toyota 2000GT Ex Joe Mash. Interesting car with known history back to World War II. Excellent quality restoration and professional maintenance by Dennison International. Always popular and competitive at Sonoma, Monterey, and Coronado. Ready to race. $37,500. Terry Larson, 253.627.2355. (WA) 1937 Ford Phaeton Excellent condition. Blue/gray. Completely original or period correct including Nardi wheel, fresh paint, 1,600-cc motor, transmission and front suspension. Perfect for vintage tours, rallies and club events. Drive anywhere. $27,500. Terry Larson, 253.219.4654. (WA) 1967 Maserati Mistral Spyder Probably the most original unrestored Datsun 280 Z available today. 5 speed. Less than 22,000 original miles, one owner, original title, heated garage, 90% original paint, never hit. All documents, manuals, original spare and 7 additional factory alloy wheels. No stories. $35,000. Tom Miller, 908.693.5723. (NJ) 1992 Mitsubishi 3000GT VR-4 Turbo hatchback AWD. This car is in great shape. Showroom condition. $4,000. Karl, stowner95@aol.com. (NY) 2000 Toyota Camry Solara SE Coupe Silver, dark red interior, new black top. Only 57,700 original miles. 5 speed manual, 5 new Michelin tires on magnesium Cromodora wheels. Power windows & mirrors. $75,000. J. Brown, 303.514.9900. (CO) 1984 Ferrari 308 GTS QV Original owner. Carfax report available. Miles: 59,913. Automatic. $6,200. Daniel, secoupet@aol. com. (NJ) AMERICAN 1936 Winfield Ford Sprint Original owner. Has original paint, interior, engine, wheels, hubcaps, window sticker and misc. other items. 115 blue w/black interior. 101k miles. $10,500. Kurt George, 503.474.0430. (OR) Datsun 280Z

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1946 Chrysler Town and Country Convertible steering $125,000. Peter Eissner-Eissenstein, +43.676.59.12.008. (Austria) 1973 Ford F100 Pickup � � � �� �� �� Body off restored to Pebble Beach standards. 100% correct and fully documented. Not a finer example anywhere. Correct burgundy with burg/crème interior, burgundy top. Flawless throughout. www. deGarmoLtd.com $175,000. Mattew L. deGarmo Ltd, 203.852.1670. (USA) 1957 Chevrolet Corvette 1957 Covette F.I. Red/ivory/red. None nicer. 2-year restoration. 2005 Gold Spin/2006 Bloom Cert. 96.5 points. Better than the day it left factory. $150,000. Russell Cole, 847.651.8770. (IL) 1959 Kellison J-5 R �� 9000 original miles and flawless. Properly maintained, ready to drive and use now. Ice cold a/c, original radio, books, etc. Two sets of wheels and tires, period correct tool locking tool box. Needs nothing. Matthew L. deGarmo Ltd. 203.852.1670. More photos on website: www.deGarmoLtd.com $19,500. Matt deGarmo, 203.852.1670. (CT) 1984 Ford Mustang GT Convertible �� �� �� �� �� �� �� Rare, race bodied, period built, Kellison Coupe. S/B 283 Chevy V-8, 3 speed and Ford 9” rear end. The ultimate period correct Vintage Event/ Show/ Race car. 35k US obo. $35,000. Bill, 805.466.1015. (USA) 1959 Kurtis Offy Original owner, built 10/83, survivor, no rust, Holley, Hi-rise, completely original, adult owner, fully optioned, fine condition. $7,000/offers. Wray Brady, 412.551.4170. (USA) 2000 Dodge Viper RT 10 �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� Race Day � � � � � � Across Kurtis Midget, Edmonds style body, 110 Offy Halibrand QC, Norden steering, 12” wheels. Will separate engine/chassis, lots of spares, will deliver within continental U.S. $25,000. Allen Follett, 904.268.7223. (FL) 1969 Chevelle Malibu Completely restored to the frame with only 15,XXX on 396 small block engine. Automatic, Sports Flowmaster exhaust, a/c, garaged all year, and AM/FM/Cassette radio. $22,000. Darlene Knight, 203.685.2227. (CT) 1969 Ford Mustang Boss 302 Clone Gurney Eagle engine by J.Ro Excellent condition. All original. Still under Chrysler Corporation Extended Warranty. Red/black. 18,500 miles. Always been garaged and professionally maintained. E-mail photos available. $53,900. Don Ciaffardini, 562.596.5164. (CA) 2002 Ford GT40 Concept Car First of only 2 built. Only one released to the public. Used in numerous magazines, advertisements, press kit photos, and displayed on the show car circuit. $250,000. Brady Pack, 513.943.2139. WANTED Alken D2 1. M8E creator 6. Designer of 27 Across (2 words) 10. Metal 11. Sponsor of the Historics 12. Balchowsky cars (2 words) 15. One 17. Ready, set, ___! 18. Wheel connection 19. Therefore 24. Engine displacement: abbr. 25. Fizzy drink 27. “The Great White Whale” of racing 31. Sales person 33. Neither's partner 34. ____ and models 35. ____ Special 36. ____ in the shade 38. Driver's first race 39. Winner's trophy 40. Wonder 42. Also 43. Car brand 46. 1972 ____ Lola Chevy 49. Not amateur 50. One of the races run at Laguna Seca 52. Close to the ground 53. Land of the brave and free 55. Advertiser's branding device 57. Army enforcers 58. ____ Polak 59. Banned car feature that led to Jim Hall's retirement (2 words) Original Gurney Eagle engine built by Jack Roush. Only the best parts, complete engine documentation by Jack Roush including dynosheet, full race-equipped, with rollcage, racing-seats and belts, safety-parts etc. FIA standard 2006, papers. 4 speed Top-Loader, Centerforce Dualfriction clutch, aluminum flywheel, reinforced lower control arms, reinforced shock towers, rack & pinion September 2006 Down 1. Car driven in the 1966 CanAm: _____ 8 Alken D2/Volkswagen info wanted. Looking for information on the Alken D-2 sportscar. One of first VW-based fiberglass kits available. Built in Venice, CA, raced Riverside 1958. Javier Munoz, 818.846.6416. (CA)u 2. T70 maker 3. Coliseum 4. Tyrannosaurus ___ 5. New 6. Winner's emotion 7. Winner's drink 8. Expert driver 9. Gatos or Angeles 13. Weight measurement: abbr. 14. Newport locale 16. Giulia Duetto maker (with 30 Down) 19. Revell-Monogram ____ 20. Fluid for the engine 21. A turn at Laguna Seca 22. Circuits 23. Level of noise at Laguna Seca 26. ____ Marvin 28. Stratagem 29. Nurse 30. See 16 Down 32. Sports Car Racing Association of the Monterey Peninsula 34. Encountered 37. Two-man group 38. ____ or die 41. Conflict 42. McLaren, Lola, or Penske 44. Beginning Berkeley or Santa Barbara? 45. Haze from pollution 46. Not fast 47. Head ____ head 48. Small valleys 51. “The Greatest” boxer 54. Compass point 56. Ghana, for short 57. Vintage British sports car For solution, go to: www.sportscarmarket.com/crossword

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RESOURCE DIRECTORY Advertise in the SCM Resource Directory. Call 877.219.2605 x204 for information, e-mail: scmadvert@sportscarmarket.com. AUCTION COMPANIES Artcurial-Briest-Poulain-Le Fur. +33.1.42992020, fax +33.1.42992021. Maison de vente aux enchères, 7, RondPoint des Champs Elysées, 75008 Paris. artcurial@auction.fr. www.artcurial.com. (FR) Barrett-Jackson Auction. 480.421.6694, fax 480.421.6697. 3020 N. Scottsdale Rd, Scottsdale, AZ 85251. info@barrett-jackson.com. www.barrettjackson.com. (AZ) Bonhams & Butterfields. 415.391.4000, fax 415.391.4040. 220 San Bruno Avenue, San Francisco, CA 94103. www.butterfields.com. (CA) Bonhams. +, fax +44.207.585.0830. Montpelier St., Knightsbridge, London, SW7 1HH. www. bonhams.com. (UK) Branson Collector Car Auction. 800.335.3063, Jim Cox, fax 417.336.5616. 1316 W. Hwy. 76, Suite 199, Branson, MO 65616. www.bransonauction.com. (MO) Christie's. 310.385.2600, fax 310.385.0246. 360 N. Camden Dr., Beverly Hills, CA 90210. www.christies.com. (CA) eBay Motors. List your car for sale for only $40 and pay $40 more when it sells. Visit the “Services” section on www. ebaymotors.com for more details. Gooding & Company. 310.899.1960, fax 310.899.0930. Auctions and brokerage of fine automobiles. 1528 6th Street, Suite 120, Santa Monica, CA 90401. www. goodingco.com. (CA) H&H Classic Auctions. +44.01925.730630, fax +44.01925.730830. Whitegate Farm, Hatton, Cheshire WA4 4BZ England. www.classic-auctions.com (UK) Kensington Motor Group, Inc. 631.537.1868, fax 631.537.2641. P.O. Box 2277, Sag Harbor, NY 11963. Kenmotor@aol.com. (NY) Mecum Collector Car Auctioneers. 815.568.8888, fax, 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, fax 760.323.7031. 244 N. Indian Canyon Dr., Palm Springs, CA 92262. www.classic-carauction.com. (CA) RM Auctions, Inc. 800.211.4371, fax 519.351.1337. One Classic Car Dr., Blenheim, ON NOP 1A0. www.rmauctions. com. (CAN) Russo and Steele Collector Automo- biles. 602.252.2697, fax 602.252.6260. 5230 South 39th Street, Phoenix AZ 85040. info@russoandsteele.com; www. russoandsteele.com. (AZ) Santiago Collector Car Auctions. 800.994.2816, fax 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) 156 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) AUTOMOBILIA Campbell Levy Designs LLC. 303.762.7936, fax 303.762.7937. Custom lamp designer and builder since 1974, specializing in crankshaft lamps with exotic wood, select hardwood or granite base. Hand polished or nickel plated. Your treasured crankshaft or one of ours. Proud to be a Colorado company. www.campbelllevydesigns.com.(CO) Hamann Classic Cars. 203.918.8300. Specializing in mostly European vintage race and sports cars, especially classic Ferraris of the '50s and '60s as well as Mille Miglia-eligible sports cars. Always looking to buy fabulous classic cars. www. hamannclassiccars.com (CT) Jonathan Kendall LLC. 410.991.2288 Automotive-inspired gifts, handbags, and accessories. Jonathan highlights designs in unique, handcrafted art, fashion, and installations for the collector and the enthusiast. Give the gift of Art+Fashion+Design and enjoy the passion of the automobile together. www.jonathankendall.com. (MD) Kirk F. White. 386.427.6660, fax 386.427.7801. PO Box 999, New Smyrna Beach, FL 32170. Always acquiring and conveying the very finest in early Euro- Colin's Classic Automobiles. 414.964.3747. World-renowned for selling only the best investment-grade sports and muscle cars. Low volume, highest quality, easy to work with. Let Colin's experience in collecting, restoring, racing, evaluating, and showing cars work for you. Buy, sell, trade, restore. www.colinsclassicauto. com. (WI) Craig Brody Investment Motorcars. 954.646.8819. We buy, sell, trade, and consign only the highest-end original cars for the most demanding collectors. Visit our new showroom in Ft. Lauderdale; call ahead for a personal appointment to see the coolest selection of collector cars in the Southeast. www.investmentmotorcars. net. (FL) Dragone Classics. 203.335.4645. 1797 Main St., Bridgeport, CT 06604. For 50+ years, the Dragone family has collected, sold, and revived the world's greatest cars, including many at Pebble Beach. Museums and collections depend on Dragone's knowledge, authenticity, and integrity. 60+ car inventory; manny@dragoneclassics. com, david@dragoneclassics.com; www. dragoneclassics.com. (CT) eBay Motors. Everyday drivers, collector cars, auto parts and accessories, motorcycles, and automobilia. List your Tom Mack Classics. 888.TOM. MACK. PO Box 1766, Indian Trail, NC 28079. Three annual auctions in Charlotte, NC: April, September, and January. Selling Southern muscle collector, and antique cars with experience and integrity for 24 years. North Carolina auction license 4017. www.tommackclassics.com. (NC) APPRAISALS Auto Appraisal Group. 800.848.2886. Over 60 offices located nationwide. Pre-purchase inspection service, insurance matters, charitable donations, resale values, estates, expert witness testimony. On-site inspections. Certified, confidential, prompt, professional. “Not just one man's opinion of value.” See Web site for locations and service descriptions. www. autoappraisal.com. (VA) Dave Brownell's Vintage Auto Appraisals. 802.362.4719, fax 802.362.3007. 25-plus years experience nationwide and internationally. Single cars or entire collections. Brass cars to contemporary supercars. Complete services from pre-purchase to insurance, donation, estate, expert witness. davidbrownell@adelphia.net. (VT) 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) INSPECTIONS pean tinplate automotive toys by Marklin, Bing, Carette, Gunthermann, etc. Further seeking tether racers such as Dooling, Alexander, B.B. Korn, Bremer, Matthews, McCoy, Cox Thimble Drome, O & R. Very highest prices paid for over 27 years. Periodic inventory shown at www.kirkfwhite.com. (FL) Spyder Enterprises. 831.659.5335, fax 831.659.5335. Since 1980, providing serious collectors with the finest selection of authentic, original vintage posters, pre-war thru mid-1960s; mainly focused on Porsche, Ferrari, Mercedes, and racing. Producer of “Automobilia Monterey,” August 15–16, 2006. 38-page list of memorabilia available. singer356@aol.com or www.vintageautoposters.com. (CA) BUY/SELL/GENERAL Auto Collectors Garage, Inc. 713.541.2281, fax 713.541.2286. 9848 Southwest Freeway, Houston, TX 77074. For the best in interesting cars from the 1920s to the 1970s. We restore, buy, sell, service, appraise, locate, and inspect all makes and models. Serving the collector car field since 1979. www.autocollectorsgarage.com. (TX) Blackhawk Collection. 925.736.3444, fax 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-a-kind automobiles. www.blackhawkcollection.com. (CA) Classic Showcase. 760.758.6199, sales 760.758.6100, fax 760.758.0600. Offering a fine selection of classic European vehicles and a world-class restoration facility with two indoor showrooms in one 40,000sq-ft building. Servicing the collector with over 30 years experience in buying, restoring, and selling. Located in San Diego County. sales@classicshowcase.com; www.classicshowcase.com. (CA) Legendary Motorcar Company. 905.875.4700. North America's premier muscle car center, specialized in restoring and trading the finest and rarest American muscle. Our 55,000 sq. ft facility and 100 car showroom is the ultimate car heaven and the home of Speed TV's “Dream Car Garage.” (ON) Kidston SA. +41 22 740 1939, fax +41 22 740 1945. 7 avenue Pictet-de-Rochemont, 1207 Geneva Switzerland. Expert advice on all aspects of collecting including finance, insurance, and discreet guidance on > selling or help finding the right motor car. Particularly strong contacts in the UK and central Europe, all multilingual and experienced (ex-Bonhams) staff. www. kidston.com. (UK) Kirk F. White. 386.427.6660, fax 386.427.7801. PO Box 999, New Smyrna Beach, FL 32170. Always seeking and conveying select, exciting automobiles with a strong emphasis on vintage and contemporary hot rods and significant post-war sports cars, etc. Many years of acquiring superb, esoteric automobiles. Very highest prices paid. Periodic offerings may be reviewed at www.kirkfwhite. com. (FL) Motorcar Portfolio. 866.653.8900, 320 Market Ave S., Canton, OH 44702. America's only classic car dealer located in the lower level of the Canton Marriott McKinley Grand Hotel. Ever-changing collection of 100+ foreign and domestic cars. Model Ts through muscle cars, something for everyone's taste and pocketbook. We buy cars from special people—one or a whole collection. (OH) Paul Russell and Company. 978.768.6919. Contact Alex Finigan for the acquisition or sale of great classic European sports, touring, and racing models from the pre-war era through the 1960s. Our experienced body, metal, upholstery, and mechanical craftsmen offer restoration, preservation, and maintenance services. www.paulrussell.com. (MA) Sports Car Market car for sale for only $40 and pay $40 more when it sells. Every vehicle transaction is covered by $20,000 in free insurance. www.ebaymotors.com. Fantasy Junction. 510.653.7555, fax 510.653.9754. 1145 Park Ave., Emeryville, CA 94608. Specializing in European collectible autos and racing cars from the 1920s to the 1970s, with over 50 cars in stock. Bruce Trenery has over 25 years experience in this business, based in the East Bay area. sales@fantasyjunction.com; www.fantasyjunction.com. (CA) Grand Prix Classics. 858.459.3500, fax 858.459.3512. 7456 La Jolla Blvd., La Jolla, CA 92037. Specialize in the buying, selling, trading, and consignment of historic sports and racing cars. Been in business for 25 years and maintain an inventory of 15 to 20 historic cars. info@grandprixclassics.com; www.grandprixclassics.com. (CA) Hyman Ltd. 314.524.6000. One of the largest dealers of quality collector cars in the U.S. with over 100 cars in stock. We act as principal in the acquisition of collector cars and are aggressive buyers for complete collections. Our specialties include European sports cars and full classics. www.hymanltd.com. (MO)

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ProTeam Corvette. 888.592.5086, fax 419.592.4242. Over 150 Corvettes 1953–2003; also Corvettes wanted. Free catalog. www.proteamcorvette.com; proteam@proteamcorvette.com. (OH) VIR Gallery. 336.210.5508. Quality vintage street and race cars for sale. Located at Virginia International Raceway. Please contact Randall Yow, 1245 Pine Tree Rd., Alton, VA 24520. ryow@virclub. com; www.virgallery.com. (VA) CLASSIC CAR TRANSPORT Auto Transporting by P.C. Bear. 717.849.1585, 321.289.9368, 973.981.8385. 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) Concours Transport Systems. 702.361.1928, 253.973.3987, fax 702.269.0382. Enclosed auto transport nationwide. Liftgate loading, experienced personnel. Classic and exotic cars. Special events. Fully insured. All major credit cards accepted. Fred Koller, owner. fredkoller@concourstransport.com; www. concourstransport.com. (NV) Cosdel International. 415.777.2000, fax 415.543.5112. Now in its 46th year of international transport. Complete service, including import/export, customs clearances, DOT and EPA, air/ocean, loading and unloading of containers. Contact Martin Button: info@cosdel.com; www.cosdel. com. (CA) FedEx Custom Critical Passport Auto Transport. 800.325.4267, fax 314.878.7295. Fully enclosed transport from the industry originator. Specializing in events, including Pebble Beach, the Colorado Grand, and Barrett-Jackson. Liftgates for safe loading and winches for inoperable vehicles. Inquire about ultra-expedited, three-day, coast-to-coast service. www.passporttransport.com. (MO) Intercity Lines, Inc. 800.221.3936, fax 413.436.9422. Rapid, hassle-free, coast-tocoast 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.intercitylines. com. (MA) Murphy's Transport, Inc. 508.697.4027. Enclosed auto transporter with liftgate loading. In-op service available. Fully insured, competitive pricing. Door-to-door service east of the Mississippi. Car shows, corporate moves, collectors, etc. Family owned and operated assures personal attention. www.murphystransport. com. (MA) COLLECTOR CAR FINANCING ered. Call or apply online today. Dealer programs available. www.classiccarfinancial.com. (NH) J.J. Best Banc & Company. 800. USA.1965, fax 508.991.8329. The largest national leader on Antique, Classic, Exotic, Rod, and Sports Cars, with low rates starting at 4.99% and long terms. Call, fax, or e-mail your application today for quick ten-minute approval. Dealer inquiries welcome. www.jjbest.com. (MA) COLLECTOR CAR INSURANCE Aon Collector Car Insurance. 877.765.7790. We've protected collector cars for nearly 40 years. Our insurance packages provide more coverage for less money than is available through standard carriers. Substantially lower costs, with minimal usage restrictions, unlimited mileage, in-house claim handling, and online quoting and application. www.aon-collectorcar.com. Hagerty Collector Car Insurance. 800.922.4050. Collector cars aren't like their late-model counterparts. These classics actually appreciate in value so standard market policies that cost significantly more won't do the job. We'll agree on a fair value and cover you for the full amount. No prorated claims, no hassles, no games. www.hagerty.com. (MI) J.C. Taylor Agencies. 800.345.8290. Antique, classic, muscle or modified—J.C. Taylor will provide dependable, dynamic, affordable protection for your collector vehicle. Agreed value coverage in the continental U.S. and Alaska. Drive through time with peace of mind with J.C. Taylor. Parish Heacock Classic Car Insurance. 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. parishheacock.com. (FL) COLLECTOR CAR LEASING MosesLudel.Com, LLC. 775.463.5965. Thirty-eight years of authoritative mechanical expertise available to restorers and collectors of 1928–71 American classic and muscle cars. Blueprint engine, transmission, steering, and axle rebuilding. Restorative tuning and performance prepping. Protect your investment. See our Web site, www.mosesludel. com. company specializing in classic, collector and historic cars of all make and models. 20+ years experience. State of the art, 22,000 sq. ft. facility in the heart of the Blue Ridge Mountains. Body-off, frameoff restoration and modification. Conversions. Complete metal, body, and machine shop. www.winningcollection.com (NC) SPORTS AND COMPETITION Morris & Welford, LLC. 203.222.3861 or 203.722.3333 (Miles Morris), 949.260.1636 or 949.500.0585 (Malcolm Welford), fax 203.222.4992 or 949.955.3848. Specialist car consultants and high-end brokerage for important historic cars such as Ferrari, Maserati, Alfa Romeo, Jaguar, Duesenberg, Bugatti, and more. Offices on East and West Coasts. www.morrisandwelford.com. (CT) VINTAGE EVENTS The Healey Werks. 800.251.2113, 712.944.4900, fax 712.944.4940. Lawton, IA. Premier automobile restoration company specializing in exotic, European and classic cars. Complete structural and body reconstruction, upholstery, world-class paint/refinishing, engineering, prototyping and mechanical services. Transport and logistical services available. www.healeywerks.com. (IA) Columbus Motor Classic. 866.794.6889. Germain Amphitheater, Polaris, OH, September 22-24, 2006. www. cmcshows.org (OH) The Hamptons Auto Classic, 631.537.1868. 2006 Auction, June 10, Bridgehampton, NY. kenmotor@aol.com (NY) Legendary Motorcar Company. 905.875.4700. You may have seen our award winning, show quality restorations on Speed TV's Dream Car Garage. We will handle every stage of any restoration. Our 55,000 sq ft facility is specialized in extreme high-end restorations of rare America muscle cars. (ON) Hamptons Concours d'Elegance, 631.537.1868. June 11, 2006, Bridgehampton, NY. kenmotor@aol.com. (NY) Lake Mirror Classic Auto Festival. 863.683.1540. October 14–16. The Lake Mirror Classic is held in restored Lake Mirror Park and downtown Lakeland. Begins Friday evening with the Hot Rod Rendezvous; Saturday enjoy over 500 classic cars in downtown Lakeland and Lake Mirror. For more information about this FREE event or to pre-register, visit www. lakemirrorclassic.com. (FL) Premier Financial Services. 203.267.7700, fax 203.267.7773. With over 20 years of experience specializing in exotic, classic and vintage autos, our Lease Purchase plan is ideal for those who wish to own their vehicle at the end of the term, as well as those who like to change cars frequently. Our Simple Interest Early Termination plan allows you the flexibility of financing with the tax advantages of leasing. www.premierfinancialservices. com. (CT) Putnam Leasing. 866.905.3273, Never get in a car with strangers. Customtailored, lease-to-own financing for your dream car. Easy, fast, and dependable. Exclusive leasing agent for Barrett-Jackson, Cavallino, and the Ferrari Club of America 2004 International Meet. www. putnamleasing.com. (CT) Classic Car Financial. 877.527.7228, fax 603.424.2117. The nation's fastest growing classic car financing company. We provide our customers with a pleasant and smooth process; person-to-person loans are our specialty. Highly competitive rates and terms with less-than-perfect credit consid- September 2006 RESTORATION – GENERAL Guy's Interior Restorations. 503.224.8657, fax 503.223.6953. 431 NW 9th, Portland, OR 97209. Award-winning interior restoration. Leather dyeing and color matching. (OR) The Winning Collection, Inc. 888.533.7223, (outside NC), 828.658.9090, fax 828.658.8656. Asheville, NC. Premier automobile restoration Performance Restoration. 440.968.3655. High-quality paint, body, mechanical service. Discreet installation of a/c, cruise control, superchargers. Stock restorations done to exacting standards. Clean, well-equipped shop. Near I-90 since '96. We finish your projects. supercharged@alltel.net. (OH) Vantaaj Restoration & Re- pair. 866.440.0334, toll-free USA, 303.440.0334 in Colorado. A few dedicated enthusiasts, focused on repairing or restoring one or two cars at a time. We understand they are not mere automobiles; they are family. Please join our family. We are not for everyone—we are for you. www.vantaaj.com. (CO) 2nd Annual Muscle Car 1000, 949.470.9880. September 25–30, 2006. Five days of exceptional places, people, experiences, and cars from Santa Barbara to San Simeon, Monterey, San Francisco, Napa Valley, and back. Reserved for 1964–73 American muscle cars, 1962–68 Cobras, 1955–73 Corvettes. Apply early, as space is limited. www.musclecar1000. com. (CA) ENGLISH Hyman Ltd. 314.524.6000. One of the largest dealers of quality collector cars in the U.S. with over 100 cars in stock. We act as principal in the acquisition of collector cars and are aggressive buyers for complete collections. Our specialties include European sports cars and full classics. www.hymanltd.com. (MO) AC AC Owner's Club Limited. 503.643.3225, fax 503.646.4009. US Registrar: Jim Feldman, 11955 SW Faircrest St., Portland, OR 97225-4615. The world's 157

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RESOURCE DIRECTORY largest organization of AC owners and enthusiasts. AC ownership not required. Monthly magazine. (OR) JWF Restorations, Inc. 503.643.3225, fax 503.646.4009. Jim Feldman, 11955 SW Faircrest St., Portland, OR 972254615. AC restoration specialist. 35 years experience. Partial to full restorations done to street or concours standards. (OR) Austin-Healey Austin-Healey Club USA. 888.4AH- CUSA, fax 503.528.0533. 8002 NE Hwy 99, Ste B PMB 424, Vancouver, WA 98665-8813. Oldest national AustinHealey club and factory club heritage. Members receive Austin-Healey Magazine, Resource Book, calendar, tech assistance, book discount. Annual dues still just $35. www.healey.org. (OR) Aston Martin 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) Automotive Restorations, Inc. Vintage Racing Services, Inc. (ARI.VRS), 203.377.6745, fax 203.386.0486, 1785 Barnum Ave., Stratford, CT 06614. Classic, special interest, and race cars. Sales, restoration, and transportation. www. vintageracingservices.com, www.automotive-restorations.com. (CT) Autosport Designs Inc. 631.425.1555. The largest independent Aston Martin sales, service, and restoration facility in the U.S.; everything under one roof. All models welcome. Large selection of parts for all Astons. Also specializing in Ferrari, Porsche, and other exotics. Tom Papadopoulos, Scott Rumbold. www.autosportdesigns.com. (NY) Kevin Kay Restorations. 530.241.8337 1530 Charles Drive, Redding, CA 96003. Aston Martin parts, service, repair, and restoration. From an oil change to a concours-winning restoration, we do it all. Modern upgrades for power steering, window motors, fuel systems, and more. Feltham Fast performance parts in stock. We also cater to all British and European cars and motorcycles. www. kevinkayrestorations.net. (CA) Rocky Santiago. 405.843.6117, fax 405.475.5079. E Britton Rd., Oklahoma City, OK 73114. Specializing in Aston Martins, all years, all conditions. Buy/ sell/consign. If you are buying or selling, please call. Also have Healeys, MGs, Triumphs, etc. (OK) Jaguar Classic Showcase. 760.758.6199, sales 760.758.6100, fax 760.758.0600. Full-service restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fit; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase.com; www.classicshowcase.com. (CA) Jaguar Clubs of North America. 888.CLUBJAG, JCNA, 1000 Glenbrook Road, Anchorage, KY 40223. The primary organization of Jaguar enthusiasts in the U.S. and Canada. 52 local clubs provide social and other activities. JCNA sponsors championships in concours, rally, slalom. Members receive bi-monthly Jaguar Journal magazine. www.jcna.com. (KY) Rolls-Royce/Bentley Automotive Restorations, Inc. Vintage Racing Services, Inc. (ARI.VRS), 158 203.377.6745, fax 203.386.0486, 1785 Barnum Ave., Stratford, CT 06614. Classic, special interest, and race cars. Sales, restoration, and transportation. www. vintageracingservices.com, www.automotive-restorations.com. (CT) Hageman Motorcars. 206.954.1961, fax 425.287.0660. PO Box 554, Kirkland, WA 98033. Pre-war European autos, Bentley, and Rolls-Royce, specializing in vintage Bentleys. www.hagemanmotorcars.com. (WA) ALFA ROMEO Parts Centerline Alfa Parts. 888.750.ALFA (2532). Call for free catalog. New and used parts, accessories, restoration, modification, and information for Giulietta through 164. We know the cars and we have the parts. Visit www.centerlinealfa.com for frequent updates on new items. (CO) International Auto Parts. 800.788.4435, 434.973.0555, fax 434.973.2368. Est. 1971. Over 90,000 Alfa/Fiat/Lancia parts, 1956 to present, in stock, ready to ship. Fast, knowledgeable service and same-day shipping! Free 76-page catalog. www.international-auto. com. (VA) Structural chassis restoration, body restoration, and manufacturing of aluminum and steel body trim and panels. We bring automobiles to exacting original specifications. High-class paint jobs; one-off prototype manufacturing. info@gtmilano.it. (IT) Classic Showcase. 760.758.6199, sales 760.758.6100, fax 760.758.0600. Full-service restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fit; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase.com; www.classicshowcase.com. (CA) Jon Norman's Alfa Parts. 510.525.9435, fax 510.524.3636. 1221 Fourth Street, Berkeley, CA 94710. Large selection of parts from 1900 series to Milano. Efficient, personal service. (CA) Performance Motoring Associates. 831.338.9703, fax 831.338.2031. 12895 Highway 9, Boulder Creek, CA 95006. Over 20 Alfa Romeos in stock, ready for your custom restoration. Specialists in vintage race car preparation for over 20 years. Sebring suspensions and lightweight body panels for 750, 101, and 105 series Sprints, Spiders, and GTVs. alleake@aol.com; www.alfaromeorestorations.com. (CA) Re-Originals. 713.849.2400, fax 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 www. reoriginals.com for complete listing. (TX) Repairs/Restoration Dan Sommers' Veloce Motors. 503.274.0064. 1425 NW Flanders, Portland, OR 97209. More than two decades of helping Alfa, Ferrari, and Lamborghini owners keep their cars on the road while not emptying their bank accounts. Other Italian cars serviced as well. (OR) Nasko's Imports. 503.771.1472, 5409 SE Francis, Portland, OR 97206. Alfas, BMWs and Mercedes our speciality. Oldest Alfa repair facility in Oregon. Ask about our used sports cars for sale. Fast work, fair prices. (OR) FERRARI/MASERATI/LAMBORGHINI Automotive Restorations, Inc. Vintage Racing Services, Inc. (ARI.VRS), 203.377.6745, fax 203.386.0486, 1785 Barnum Ave., Stratford, CT 06614. Classic, special interest, and race cars. Sales, restoration, and transportation. www. vintageracingservices.com, www.automotive-restorations.com. (CT) Carozzeria Granturismo Milano (Italy). +39.93909285-6, fax +39.02.93908420. Ferrari, Maserati, Lamborghini, Alfa Romeo, and Lancia. Family Classic Cars. 949.496.3000, fax 949.488.0523. Family Classic Cars specializes in highly rare and valuable vintage Ferraris, fine European cars, classics, hot rods, muscle cars, and modern exotics. Located in San Juan Capistrano, CA, Family Classic Cars is all about selling dreams and investments. sales@familyclassiccars. com; www.familyclassiccars.com. Hamann Classic Cars. 203.918.8300. Specializing in mostly European vintage race and sports cars, especially classic Ferraris of the '50s and '60s as well as Mille Miglia-eligible sports cars. Always looking to buy fabulous classic cars. www. hamannclassiccars.com. (CT) Michael Sheehan. 949.646.6086, fax 949.646.6978. Always looking for cars to buy, from rare one-offs to serial production ordinaries. Ferrari, Lamborghini, Lotus. Buyers, let me use my 20,000-car database to help you find a car, or verify the history of one you are looking at. www.ferrarisonline.com. (CA) Randy Simon. 310.274.7440, fax 310.274.9809. I constantly collect and sell all Ferraris, Maseratis, and Lamborghinis. If I don't have what you seek, I can usually find it for you (at low prices). Please call anytime for straight advice on the market. Finder's fee gladly paid. simonrandy@aol. com. (CA) Ron Tonkin Gran Turismo. 800.547.4455, 503.255.7560. Service and parts, 800.944.6483, 503.257.9655. 203 NE 122nd Ave., Portland, OR 97230. America's oldest and most dedicated Ferrari dealer. New and used exotic cars. Also, huge parts department with fast, fast service. www.rtgt.com. (OR) Re-Originals. 713.849.2400, fax 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 www. reoriginals.com for complete listing. (TX) Symbolic Motor Car Company. 858.454.1800. As the world's premier dealer of exotic, collectible, racing and touring automobiles, our highly trained staff has the experience to get you into some of the finest automobiles in the world. Visit us at www.symbolicmotors. com. (CA) GERMAN BMW Automotive Restorations, Inc. Vintage Racing Services, Inc. (ARI.VRS), 203.377.6745, fax 203.386.0486, 1785 Barnum Ave., Stratford, CT 06614. Classic, special interest, and race cars. Sales, restoration, and transportation. www. vintageracingservices.com, www.automotive-restorations.com. (CT) Mercedes-Benz Alex Dearborn. 978.887.6644, fax 978.887.3889. Topsfield, MA. Buying, Legendary Motorcar Company 905.875.4700. North America's premier muscle car center, specialize in restoring and trading the finest and rarest American muscle cars. We are the home of Speed TV's Dream Car Garage. We are professional, discreet, and fair buyer for you quality American Muscle. (ON) Sports Car Market selling and trading vintage Mercedes. Specializing in 300SLs. Large database of older M-Bs. www.dearbornauto.com. (MA) Automotive Restorations, Inc. Vintage Racing Services, Inc. (ARI.VRS), 203.377.6745, fax 203.386.0486, 1785 Barnum Ave., Stratford, CT 06614. Classic, special interest and race cars. Sales, restoration and transportation. www. vintageracingservices.com, www.automotive-restorations.com. (CT) Classic Showcase. 760.758.6199, sales 760.758.6100, fax 760.758.0600. Full-service restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fit; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase.com; www.classicshowcase.com. (CA) Gull Wing Group International, Gary Estep. 530.891.5038 fax. 776 Cessna, Chico, CA 95928. Dedicated to the enjoyment and preservation of 1954 to 1963 Mercedes-Benz 300SL coupes and roadsters. Member benefits include: twelve monthly magazines per year plus a national convention that rotates its location around the country. gestep3457@aol.com. (CA) Porsche 73rs.com. 310.927.3193. Specializing exclusively in early classic Porsche 911 motor cars, 1965–73. Over 35 years experience in buying and selling only the finest 911s. Cars actively purchased for top money. jack@73rs.com. (CA) Re-Originals. 713.849.2400, Sicurvetro windshields for Porsche 356. Speedster bucket seats, driving seats for all models. www.reoriginals.com. (TX) AMERICAN ProTeam Corvette. 888.592.5086, 419.592.4242. Box 606, Napoleon, OH 43545. Corvettes—over 150 mostly 1953 to 1967s. World's largest. 90,000 sq. ft. The Holy Grail of Corvette collections. Money back guarantee. Free catalog. NCRS #136, SEMA, AMRO. proteam@proteamcorvette.com. www. proteamcorvette, www.corvetteswanted. com. (OH) Hyman Ltd. 314.524.6000. One of the largest dealers of quality collector cars in the U.S. with over 100 cars in stock. We act as principal in the acquisition of collector cars and are aggressive buyers for complete collections. Our specialties include European sports cars and full classics. www.hymanltd.com. (MO)

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Shelby Shelby American Automobile Club. 860.364.0449, fax 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) PARTS AND ACCESSORIES GARAGE/TOOLS Baldhead Cabinet Company. 877.966.2253. Offering a fine selection of quality metal garage cabinets. Many unique modules. SS and custom colors available. Many sizes to choose from. Call for a custom quote and drawing. See ad in this issue. www.baldheadcabinets. com. (CA) ANTIQUES Greatwest Lubricants. 888.838.6308. Authorized dealer for premium Amsoil synthetic lubrication and filtration products. Protect your investment with the finest lubrication products available and benefit from lower operating costs and extended oil change intervals. All products can be ordered online and shipped from U.S. & Canadian distribution centers. www.greatwestlubricants.ca. (CAN) HotSeat Chassis Inc. 877-GAME- TRX. 111 Napco Dr., Plymouth, CT 06786. HotSeat Chassis Inc., produces HotSeat Solo, Racer, and HotSeat PC Gamer. Creating a total immersion, arcade like experience in the home, the HotSeat envelopes the player in ultra-realistic 5.1 Dolby Digital surround sound between its 6 high-powered speakers. (CT) Solvang Antique Center. 805.688.6222. California's Premier Antique Collective features 65 extraordinary dealers. Quality 18th and 19th century furniture, decorative accessories, fine art and estate jewelry. One of the finest selections of antique clocks, watches and music boxes in the world. www.solvangantiques. com. (CA) REAL ESTATE J.R. Rouse Real Estate. 831.645.9696 ext. 100, 831.277.3464, fax 831.645.9357. Connecting car enthusiasts with homes on the Monterey Peninsula. jr@jrrouse.com; www.jrrouse.com. (CA) TRAVEL Stephanie Warrington. 800.594.0805, 503.231.5103. The official travel agent for Sports Car Market. Specializing in international travel, custom vacations, and groups. stephanie@wtpdx.com. (OR)u September 2006 159

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Carl Bomstead Hornswoggled? Packard Clubs sold dealer signs for $75 in one size—small, so no one would mistake them for the real thing…well, almost no one A n amazing rodeo steer-wrestling hood ornament was recently offered on eBay; however, it failed to meet its reserve after being bid to $19,500 and receiving 56 bids. It was sculpted and signed by Charles Paillet and was offered for 300FF in a 1920 catalog, a copy of which would have gone to the winning bidder. The detail on the well-documented mascot was exquisite and the condition was unblemished. It was offered as a private auction, which means that the bidder's identity was not disclosed. So the 56 bids could have all come from two of the seller's buddies as they pushed the expensive piece up to the reserve price; there's no way to tell if the action is on the up-and-up with the bidder's identity hidden. I'm willing to bet my SCM company car that the next bid would have owned the piece. Here are a few more items that caught my jaded eye: EBAY #6634409814— EBAY #7242734604— GILMORE OIL COMPANY “ROAR WITH GILMORE” BANNER. Number of Bids: 16. SOLD AT: $4,249. Date Sold: 5/27/2006. This graphic and colorful banner, measuring 44” x 60”, once hung at the Gilmore Stadium in Hollywood, then at MovieWorld. It sold at the Brucker auction in early May for about $3,800, so a $450 profit on quick resale suggests that not everything sold for retail-plus at that auction. EBAY #7247628565— EBAY #6061021151— LIONEL SET #2270W EMPTY BOX. Number of Bids: 24. SOLD AT: $6,299.99. Date Sold: 5/29/2009. This was just an empty box that did not have any interesting graphics or even a picture of a train. After reviewing the results from the RM Brucker auction, I thought we had all gone a little wacky—and now this. You could have bought two Von Dutch screwdrivers for what was paid here. SIGNAL GAS PUMP GLOBE LENS. Number of Bids: 16. SOLD AT: $3,999.87. Date Sold: 6//11/2006. This was a single lens that sold without the globe body. It was in good condition, and Signal equipment is very collectible. I was with a buddy at a gas/oil swap meet—they are called gas bashes—where he bought this very piece for $1,800. Six weeks later he more than doubled his money. Is this a great country or what? EBAY #7245670455—VELTEX ONE QUART MOTOR OIL CAN. Number of Bids: 6. SOLD AT: $33.50. Date Sold: 6/01/2006. This is one of the more desirable Veltex cans, with the dancing Motor Oil, but it's a fake. They even reproduce oil cans now. This one is marked as a copy, but there are excellent copies that are not so marked. The only way to tell is by close inspection of the seams. That is impossible to do at 72 dpi, so if you come across one at a price you think this is too good to be true, maybe it is. EBAY MOTORS #4644012540—1956 FORD THUNDERBIRD. Number of Bids: 32. SOLD AT: $46,600. Date Sold: 6/4/2006. This is how to sell a car on eBay: Lots of quality pictures and a full, complete description. It helps that this was a very nice example, albeit not in my favorite colors. It was well restored with the base engine and both tops. For his efforts the seller was rewarded with a price on the high end of retail. Well done. SUBSCRIPTION INFORMATION Sports Car Market magazine (ISSN #1527859X) is published monthly by Keith Martin Publications, PO Box 16130, Portland, OR 97292. Periodicals postage paid at Portland, OR, and additional entries. 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, 503.252.5812; fax 503.252.5854. 162 POSTMASTER Send address changes to: Sports Car Market PO Box 16130, Portland, OR 97292 CPC IPM Sales Agreement No. 1296205 EBAY #7243724409— PORCELAIN PACKARD SIGN COMPLETE WITH HANGER. Number of Bids: 21. SOLD AT: $2,456.31. Date Sold: 5/28/2006. This small sign was 18” x 27” and did not have a manufacturer noted. Seller stated it had been in his father's garage for the past 25 years, which is about right since that's when one of the Packard Clubs was selling them. They cost about $75 and were made this size so no one would mistake them for the real thing. Well, almost no one.u 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 © 2006 by Sports Car Market, Inc., Automotive Investor Media Group and Automotive Investor in this format and any other used by Sports Car Market magazine. Copyright registered with the United States copyright office. PRINTED IN USA Sports Car Market PEMEX TRAVEL CLUB LICENSE PLATE TOPPER. Number of Bids: 46. SOLD AT: $500. Date Sold: 7/8/2006. This little license plate topper featured a Mexican in a large sombrero holding a sign stating “Visit Mexico.” These are frequently found in tin, but this is the first I've seen in porcelain. The former sell for a few hundred dollars, but as we see here, porcelain doubles the price.