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

Search This Issue

Page -1

Sports CarMarket Bad Boy Maserati MC12 Makes $1m 165 Collector Cars Analyzed Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends $1.3m for the Ultimate Track Toy Profiled: '70 Alfa GTA Jr. at $93k '63 Carrera 2 at $318k, '58 AC Ace at $195k Superbird vs. Daytona: Which is the Market Winner?

Page 4

Sports CarMarket Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends 36 Maserati: a podium finisher at last September 2009 . Volume 21 . Number 9 42 GTA Jr. 46 Mopar: 440 vs. 426 40 AC Ace IN-DEPTH PROFILES What You Need To Know FERRARI/MASERATI 36 2008 Maserati MC12 Corsa—$1,058,750 An exclusive track weapon. Steve Ahlgrim ENGLISH 40 1958 AC Ace Bristol Roadster—$195,437 The thinking man's Cobra, ready for the road. Paul Hardiman ETCETERINI 42 1970 Alfa Romeo GTA 1300 Junior—$93,150 Wind it up and watch it go. Donald Osborne GERMAN 44 1963 Porsche 356 Carrera 2 Cabriolet—$381,000 An honest 4-cam with the grunt you want. Alex Finigan AMERICAN 46 1969 Dodge Charger Daytona vs. 1970 Plymouth Hemi Superbird—$159,000 & $318,000 As always, the engine makes the difference. Colin Comer RACE 48 1990 Ferrari F40 LM Competition Berlinetta—$1,302,075 Is there any mistaking what this thing was made for? Thor Thorson GLOBAL 165 Cars Examined and Rated at Eight Sales BONHAMS 52 Newport Pagnell, UK: Thirty-seven Aston Martins bring $4.3m at Works Service. Paul Hardiman MECUM 64 Indianapolis, IN: Shelbys pace a $34m weekend at Mecum's Spring Classic. B. Mitchell Carlson BONHAMS & BUTTERFIELDS 82 Greenwich, CT: Gastby's Rolls and Gable's Packard headline a $4.4m day at the Greenwich Concours. Donald Osborne COX AUCTIONS 96 Branson, MO: “Queen of Diamonds” Duesenberg brings $777k at this record-setting $4m event. Chuck Leighton BONHAMS & BUTTERFIELDS 110 Carmel Valley, CA: First-time Quail Lodge sale sees 49 bikes total $890k. Ray Nierlich EBAY MOTORS 116 The way to be seen on the Monterey Peninsula. Geoff Archer Cover photograph: Bonhams

Page 6

34 Copperstate 1000 30 Cars of Cuba COLUMNS 10 Shifting Gears Pebble Beach, down the road Keith Martin 26 Affordable Classic Jollies and Mokes and Things, oh my! Rob Sass 28 Legal Files Is provenance deductible? John Draneas 38 Sheehan Speaks Cautious Ferrari buyers are raising the bar Michael Sheehan 118 Bike Buys 851, genesis of Ducati's superbike reign Ed Milich 130 eWatch Rare motorcycle items ring the bells Carl Bomstead FEATURES 30 Cars of Cuba: Pre-embargo iron rules the road 32 Rating System: Deciphering the 1–6 Condition Scale 34 Copperstate: 1,000 miles in the Grand Canyon State DEPARTMENTS 12 Crossing the Block / Auction Calendar 14 The Inside Line 16 Contributors 18 You Write, We Read 19 Display Advertisers Index 22 Time Pieces: Ulysse Nardin Acqua Diver Perpetual 22 Neat Stuff: Not-so-small M-B; Prova plate 24 In Miniature: Lamborghini Countach 24 Book Review: How to Restore Your Collector Car 58 Glovebox Notes: 2009 Land Rover LR3, 2009 Volkswagen Jetta TDI 62 Alfa Bits: Giulia Supers 108 Our Cars: 1964 Volvo PV544 117 Fresh Meat: 2009 Nissan GT-R, 2006 Ford GT, 2008 Porsche 911 GT2 120 Mystery Photo 120 Comments with Your Renewal 122 Showcase Gallery 126 Resource Directory

Page 8

Shifting Gears Keith Martin Pebble Beach, 2020 trucking companies, copies magically appear at nearly every Monterey venue, from the Lodge at Pebble Beach to Concorso Italiano. By its nature, SCM is both reflective and E predictive. The primary mission of the magazine is to interpret the current market, which we do through our Profiles and Auction Reports. That part is reflective, and I believe the team here—both in the office and in the field—does a terrific job of looking at hundreds of cars each month and sharing their insights with you. Then there is the predictive side of SCM, where we muse about the current state of the automobile, its relationship to society, and the direction collecting is headed. It's said that we can't escape our pasts, and mine includes a stint as an intellectual history major at Reed College here in Portland, OR. Our bible at the time was Thomas S. Kuhn's Structure of Scientific Revolutions, which offered insights into the ways scientific interpretation of events, such as the acceptance of the world being round instead of flat, evolved. The scientific revolutions have played themselves out in the automo- ach year, we call this our “Pebble Beach” issue. We wrap it up about one month before the Monterey week, and through the coordination of our printer and the by the day), spending hundreds of thousands of dollars to make it U.S.-certified may be justifiable. But that's the exception, not the rule. We maintain that very few great, Grade A collectible cars were built after 1967, and far fewer after 1974. Those of us who are Baby Boomers, and to a lesser degree Gen X and Gen Y, have had the fortune to grow up and enjoy some of these Golden Era cars as a part of our daily lives. In fact, just today I watched my soon-to- be 18-year-old daughter Alexandra take off on an errand in the SCM 1964 Volvo 544. It was the first time she'd driven it, and it was a joy to watch her immediately go to work deciphering the choke, the shift pattern, the point of engagement of the clutch, and set off merrily on her way. Most of her friends have yet to master a manual transmission—she definitely does not represent a generational norm. That's not to say her skill set will get Mary and Jon Shirley with Best of Show Alfa 8C 2900B tive world as well. The London-to-Brighton Run celebrates the moment that motorcars no longer had to be preceded by a man on foot; carriages with engines were beginning the transition from dangerous oddities to accepted transportation. Here's another example of a revolution: At one time, automotive safety was an afterthought. Think of the drama over the introduction of airbags, when the manufacturers—all of them—ranted and raved incessantly about the dangers of these now-required, much-appreciated safety devices. Today, having four airbags is barely acceptable, and a car quipped with six is not unusual. The Golden Era One automotive revolution that is complete is the transition from limited- production, purpose-built cars to the ubiquitous, utilitarian conveyances that typify the output of nearly every manufacturer today. It is no secret that SCM believes the Golden Era of the mass-produced motorcar was 1955 through 1974. (Cars built pre-1955 were made in limited numbers and represent a much narrower segment of collectibles.) But the highpoint for mass-produced collector cars was 1967—the last year before U.S. smog and safety regulations began to take effect. As these regulations became more stringent, the opportunity for manufacturers to make limited runs of a few hundred, or even a few thousand cars became extremely compromised. For instance, our 1965 Alfa Romeo Giulia Spider Veloce was one of just 1,091 built with a high-performance engine, equipped with different carburetion, exhaust, and cams (among many other things) compared to the standard, or Normale, model. Today, offering this engine as a production option would require an entirely separate set of emissions testings—not feasible at a low production number, unless the car was priced like a Ferrari or Maserati. The same goes for coachwork; it simply isn't cost effective to crash- certify cars for short production runs, unless they are sold at extremely high prices. If you've got a McLaren F1 worth $4m (and getting more valuable 10 her a better job. Instead, by virtue of the household she grew up in, where cranky old cars were a common currency, she too gets to experience the Golden Era cars on a regular basis, sharing a quaint archaic hobby with her parents, akin to fly fishing or knitting. The 18th Fairway of the future All of the above got us to thinking about Pebble Beach in 2020, eleven years from now. We asked Jon Shirley, winner of last year's Best of Show at Pebble, and longtime friend of SCM, what classes he thought might be added to Pebble in the coming years and what type of car might win Best of Show in 2020. He replied: I think picking new classes for Pebble is very difficult. They already include major post-war cars that were made in fairly limited production. I can see a supercar class coming by then, as there have been a fair number of models made in small quantities. But it is not easy to find post-war cars that meet the standards of elegance and rarity that have been the hallmark of Pebble Beach. It is easier for me to say that by 2020, and hopefully before, a post- war car will win Best of Show. When I showed my 1954 Ferrari 375 MM Rossellini coupe one-off, it got some votes for Best of Show from nonFerrari judges. In another ten years, a similar one-off Ferrari should win. And sometime after that a McLaren F1? What will happen is that judges and owners are getting along in years and will be replaced by younger people who do not have the pre-war passion (or bias) and who will collect and judge great post-war cars. The problem, of course, is that there are just not as many great limitedproduction post-war cars that were not race cars. We agree with Shirley. We don't see new classes being added to Pebble just to accommodate more modern cars, as there are few newer cars that typify the standards of limited production, provenance, and craftsmanship that set Pebble-eligible entries apart. But over the next decade, we may see a shift in judging tastes that could result in a post-war car achieving Best of Show status. Which means that as you enjoy the Monterey week, take a minute to appreciate the unique moment in time represented by the collectible cars around you. They are a part of the Golden Era, and there won't be another one. ♦ Sports Car Market

Page 10

Crossing the Block Jim Pickering limousine valued between $49k and $65k. Cox Auctions—The Branson Auction Where: Branson, MO When: September 11–12 More: www.bransonauction.com Last year: 124/241 cars sold / $2.7m This September staple 1927 Duesenberg Model Y phaeton at Worldwide Kruse International—Fall Auburn 2009 Where: Auburn, IN When: September 2–8 More: www.kruse.com Last year: 679/1,438 cars sold / $17.7m Over 5,000 cars are expected at this 39th annual event held at the 480-acre Kruse International Auction Park in Auburn. Look for four past Pebble Beach winners, including a 1911 Rambler, 1912 Mitchell Runabout, 1910 Mitchell Model S, and a 1905 Queen Touring, plus plenty of sports cars and modern exotics. Worldwide Group—The Auburn Auction Where: Auburn, IN When: September 5 More: www.wwgauctions.com Last year: 52/80 cars sold / $9.7m Worldwide's Auburn head- quarters will host this second annual event, held alongside the annual Auburn Cord Duesenberg Festival. Among this year's featured consignments is the one and only 1927 Duesenberg Model Y phaeton, which was built as a transition between the Model X and Model J. Joining it is a rare 1936 Delahaye 135 Competition Disappearing Top convertible, a 1937 Cord 812 SC phaeton once owned by the founder of the ACD Club, and a collection of no-reserve Cadillacs from the Sterling McCall Museum. Bonhams & Butterfields— America's Car Museum Sale Where: Tacoma, WA When: September 11–12 More: www.bonhams.com The LeMay Museum is the Presenting Sponsor of the Kirkland Concours d'Elegance, and B&B has recently announced a five-year agreement with LeMay for an annual auction in conjunction with the event. This first-time sale, to be held at Tacoma's Bicentennial Pavilion at Hotel Murano, will 12 feature property from the LeMay Collection, as well as select other entries, and the majority of offerings will be fresh to auction and predominantly without reserve. All proceeds will benefit LeMay—America's Car Museum. Bonhams—The Beaulieu Autojumble Where: Beaulieu, U.K. When: September 12 More: www.bonhams.com Last year: 74/86 cars sold / $2.4m The Autojumble is touted as the biggest outdoor sale of automotive items in Europe, and this year's auction at the Beaulieu National Motor Museum in Hampshire will feature plenty of rare and desirable cars and motorcycles. Early consignments include a 1919 Daimler TG45 typically sees about 250 consignments cross the auction block. Featured this year will be a 1931 Cadillac Fleetwood roadster in Sage Green with tan leather, as well as a 1964 Corvette convertible with a numbers-matching 327/365 engine, power brakes, knockoffs, two tops, and a teak steering wheel. H&H Sales Ltd.—The Pavilion Gardens Where: Buxton, U.K. When: September 16 More: www.classic-auctions.com Headlining this year's mid-September auction will be a 1934 MG K3 known as “JB 3180” and raced by JHT Smith at Brooklands. It's been restored to “Slab Tank” configuration and has been the subject of a limitededition book entitled Magnetteised. It's thought to be worth upwards of $400k. Crossing the block alongside it will be a 1930 Bentley Speed Six estimated to bring between $650k and $810k. Auction Calendar All dates listed are current at time of publication. Contact information for most auction companies may be found in the Resource Directory at the back of this issue. Please confirm dates and locations before attending any event. Email auction info to: jim.pickering@sportscarmarket.com. AUGUST 1—KRUSE Charleston, SC 1—RM Rochester, MI 6-9—SILVER Reno, NV 8—COYS Nurburg, DEU 8—KRUSE Verona, NY 8—VANDERBRINK Kenosha, WI 9—RM Online auction 14-16—MIDAMERICA Pebble Beach, CA 13-15—RM Monterey, CA 13-15—RUSSO AND STEELE Monterey, CA 14—BONHAMS & BUTTERFIELDS Carmel, CA 14—KRUSE Monterey, CA 14—RMSC AUCTION Evergreen, CO 15—MECUM Monterey, CA 15—VANDERBRINK Bagley, MN 15-16—GOODING Pebble Beach, CA 22—CHEFFINS Harrogate, UK 23—ICA Deadwood, SD 28—CARLISLE Carlisle, PA 29-30—CLASSIC MOTORCAR AUCTIONS Akron, OH 31—SHANNONS Melbourne, AUS SEPTEMBER 2-8—KRUSE Auburn, IN 5—WORLDWIDE Auburn, IN 5-6—SILVER Sun Valley, ID 6—BONHAMS & GOODMAN Sydney, AUS 7-8—BARONS Surrey, UK 11—TOM MACK Charlotte, NC 11-12—BONHAMS & BUTTERFIELDS Tacoma, WA 11-12—COX Branson, MO 12—BONHAMS Beaulieu, UK 12—CHEFFINS Herefordshire, UK 12—MECUM Canal Winchester, OH 12—ICA Little Rock, AR Bonhams—The Goodwood Revival Where: Sussex, U.K. When: September 18 More: www.bonhams.com Last year: 47/72 cars sold / $5.8m The Goodwood Revival has become one of the most popular historic race meetings of the year, featuring events for both cars and motorcycles that would have competed on the circuit between 1948 and 1966. This year's Bonhams auction, held in conjunction with the event, will feature a 1966 Aston Martin DBSC coupe with Touring coachwork. Purchased in 1969 and stored after limited initial use, it is reportedly very original and in running condition. RM Auctions—Icons of Speed and Style Where: Los Angeles, CA When: September 26 More: www.rmauctions.com Over 80 cars from a private collection of historic American racers, vintage hot rods, and custom show cars will make up this no-reserve event at the Petersen Museum in L.A., including the famous Dodge “Little Red Wagon” drag truck, the Ray Allen 1970 Chevelle SS 454 LS6 convertible, “Big John” Mazmanian's Corvette Gasser, and Ed “Big Daddy” Roth's original “Road Agent” show car. ♦ 12—VANDERBRINK Carrington, ND 16—H&H Buxton, UK 18—BONHAMS Sussex, UK 19—LEAKE Houston, TX 19—MIDAMERICA St Paul, MN 19—VANDERBRINK Staunton, IL 23—BRIGHTWELLS Herefordshire, UK 26—BONHAMS & BUTTERFIELDS Brookline, MA 26—ICA Springfield, IL 26—RM Los Angeles, CA 26—SILVER Portland, OR OCTOBER 1-2—CARLISLE Carlisle, PA 1-3—MECUM St. Charles, IL 3—ICA Wichita, KS 7-10—BARRETTJACKSON Las Vegas, NV 8-9—RM Hershey, PA 8-10—KRUSE Hershey, PA 9-10—SILVER Las Vegas, NV 9-10—VICARI Biloxi, MS 10-11—KRUSE Biloxi, MS 17—VANDERBRINK Latimer, IA 17—CHEFFINS Cambridge, UK 23—DAN KRUSE CLASSICS Fredericksburg, TX 23-25—RM Ontario, CAN 24—ICA Louisville, KY 26-27—BARONS Surrey, UK 28—H&H Buxton, UK 28—RM London, UK Sports Car Market

Page 12

Inside Line Stefan Lombard Send news and event listings to insideline@sportscarmarket.com. ■ The St. Michaels Concours will showcase 50 special automobiles built between 1900 and 1942 at its third annual event from September 25 to 27. Leading the pack will be coachbuilt Chrysler Imperials of the 1930s as well as coachbuilt French automobiles. Classic wooden boats round out the show and will be docked alongside the waterside lawn of the Inn at Perry Cabin. Tickets are $50. www.stmichaelsconcours.com. (MD) ♦ Event Calendar 4-6—International Concours (DEU) www.oldtimergala.de 12-13—Beaulieu Autojumble (UK) www.beaulieu.co.uk 12-13—Fairfield Concours (CT) www.fairfieldcountyconcours.com Kirkland Concours News ■ Mission:Drive is a volunteer-run, non-profit group dedicated to giving wounded American military personnel the opportunity to competitively drive, crew, and compete in vintage rally events. Through charitable donations, the group modifies classic cars to meet the needs of injured soldiers, and the current goal is to field two cars in the 2010 La Carrera Panamericana. Moving forward, Mission:Drive plans to enter as many vintage events around the world as it can in order to give any injured soldier the chance to compete in the hobby we love. The group is currently seeking tax-deductible donations and classic cars suitable for racing. Contact mike@missiondrive.org or visit www.missiondrive.org. Events ■ This year's Fairfield County Concours, held September 12 and 13, celebrates past winners from the Meadow Brook Concours, as well as racing at Bridgehampton, 14 one of America's toughest road courses. Also on display will be a six-pack of concept cars from Packard, shown together for the first time. Tickets start at $25. www.fairfieldcountyconcour .com. (CT) ■ The Kirkland Concours returns to the shore of Lake Washington on September 13. Once again, SCM is among the sponsors, and publisher Keith Martin is the co-emcee along with Edward Hermann. Featured will be the cars of Mercedes-Benz, with a special emphasis on the company's pre-war classics, as well as the iconic 300SL, both in Gullwing and Roadster form. Microcars will also be recognized in their own class, and vintage hydroplanes will occupy a special place on the water, including the 1937 Ventnor, the first threepoint hydroplane. Tickets are $20. www.kirklandconcours .com. (WA) ■ From September 18 to 20, the 15th annual Glenmoor Gathering of Significant Automobiles will feature nearly 200 cars and will celebrate Edsel Ford and the Fords of the 1920s and '30s he influenced, with a special display of 1934 Ford hot rods assembled by journalist Ken Gross. Alice Ramsey's pioneering 1909 transcontinental trip will be recognized, as will the cars bearing swooping French front ends. FoMoCo Executive Director of Americas Design Moray Callum will serve as Grand Marshal. Tickets are $20. www.glenmoorgathering.com. (OH) ■ SCM returns as Presenting Sponsor of the Sunriver Festival of Cars, September 18 to 20. Publisher Martin will emcee the show, where sports cars of the 1960s will be the featured class, and the weekend is bookended by driving events, with parade laps at Oregon Raceway on Friday and a romp through Central Oregon on Sunday. All in all, it's about as laid-back and fun a concours as you're likely to find. www.sunriverfestivalofcars.com. (OR) 12-13—Radnor Hunt (PA) www.radnorconcours.com 13—Chico Concours (CA) www.chicoconcours.com 13—Kirkland Concours (WA) www.kirklandconcours.com 13—Palos Verdes Concours (CA) www.pvconcours.com 16-20—Monaco Classic Week (MCO) www.yacht-club-monaco.mc 18-20—Glenmoor Gathering (OH) www.glenmoorgathering.com 18-20—Goodwood Revival (UK) www.goodwood.co.uk 18-20—Sunriver Festival of Cars (OR) www.sunriverfestivalofcars.com 19-20—Colorado English Motoring Conclave (CO www.coloradoconclave.com 20—Buckingham Concours (PA) www.buckinghamautoshow.org 20—Dayton Concours (OH) www.daytonconcours.com 20—Scarsdale Concours (NY) www.scarsdaleconcours.com 25-27—Corvette Funfest (IL) www.mamotorworks.com 25-27—St. Michaels Concours (MD) www.stmichaelsconcours.com 26—Ironstone Concours (CA) www.ironstonefoundation.org 27—African Concours (KEN) www.concourskenya.com Sports Car Market Mark Greene

Page 14

SCM Contributors GEOFF ARCHER figured out how to make money being around cars by working as a lackey at two Porsche dealerships, then as a mechanic on the 1997 Panama-Alaska vintage rally, and finally progressed to full-time employment as Brand Manager for Yahoo! Autos, Business Development Manager for (the now defunct) Yahoo! Auctions, and General Sales Manager of Cars Dawydiak (www.carsauto. com). A recovered English Ford Cortina addict, he and his wife currently host about 8.5 cars, a modest collection with an emphasis on driver-quality, rust-free, #3-condition German cars of the '60s. He teaches Entrepreneurship at Oregon State University. On p. 116, in his regular eBay Motors coverage, he tells you how to stand out among the mundane Ferraris and Bentleys on the Monterey Peninsula. MICHAEL DI LAURO is a software writer and trainer based in Ottawa, Canada. In addition to technical writing, he has just completed a novel, The Net Present Value of Life, that is slowly working its way to publication. A bona fide car nut for as long as he can remember, Di Lauro's first car was a clapped-out '64 Cooper S—not an Austin either, but the far rarer Morris model. Not feeling the need to defend his masculinity, he doesn't mind admitting that he currently enjoys his Mazda Miata (which makes up the sum total of his hobby car fleet). Still, he's hoping to soon begin a proper collection, starting with an Alfa GTV. This is his first appearance in SCM, and you'll find his story on the wonderful world of vintage cars in Cuba on p. 30. CHUCK LEIGHTON was raised at PCA concours events and SCCA gymkhanas and is currently campaigning a 1974 Suzuki TC 125 in Missouri's vintage hare scramble series. His current daily driver is a 1976 MG B, and he has owned a succession of vintage affordable classics, including a 1972 Mercedes 250 and numerous 1980s BMWs. His auto industry background includes detailing exotics at the local Lamborghini dealership while in high school and repairing old Corvette radios with a soldering pen. In between, he's worked at his family's body shop, where he learned the value of quality work and how to spot it. Leighton is currently studying for a marketing degree and doing related side work to meet his demand for sparkplugs and 2-stroke oil. You'll find his coverage of Cox's Spring Branson sale on p. 96. RAY NIERLICH's addiction to anything with a motor started when his father bought him his first mini bike at age 11. In high school, he worked as an apprentice mechanic at Armando's Foreign Sport Car in Youngstown, Ohio. He escaped Cleveland in 1978 and moved to California, where he worked as a lead technician at Sun Datsun in Whittier, and later as a Jaguar mechanic at California Coventry in Costa Mesa. He soon moved to Doctor Jaguar and eventually bought the business. Nierlich's first Jag was an E-type, and his love affair with (mostly British) cars continues to this day. He also tinkers with English motorcycles from time to time. Nierlich sold Doctor Jaguar in 2006 and semi-retired to Salinas, California, where he has a hobby shop to play with his collection of cars and motorcycles. He attended the Bonhams & Butterfields motorcycle auction at Quail Lodge in May, and his report appears on p. 110. 16 Sports Car Market Publisher Keith Martin keith.martin@sportscarmarket.com; 503.261.0555 x 210 Art Director Kirsten Onoday kirsten.onoday@sportscarmarket.com; 503.261.0555 x 202 Executive Editor Paul Duchene paul.duchene@sportscarmarket.com; 503.261.0555 x 206 Managing Editor Stefan Lombard stefan.lombard@sportscarmarket.com; 503.261.0555 x 203 Auction Editor Jim Pickering jim.pickering@sportscarmarket.com; 503.261.0555 x 208 Copy Editors Yael Abel, Kristen Hall-Geisler, Bill Neill Senior Auction Analysts B. Mitchell Carlson, Carl Bomstead, Paul Hardiman (Europe) Auction Analysts John Clucas (Australia), Daniel Grunwald, Jérôme Hardy (Europe), Chip Lamb, Norm Mort (Canada), Dale Novak, Phil Skinner Contributing Editors Steve Ahlgrim (Ferrari), Gary Anderson (English), Colin Comer (Muscle Cars), John Draneas (Legal), Donald Osborne (Etceterini), Jim Schrager (Porsche), Michael Sheehan (Ferrari), Thor Thorson (Race Cars) Contributors John Apen, Diane Brandon, Marshall Buck, Miles Collier, Martin Emmison, Paul Hardiman, Simon Kidston, Raymond Milo, Rob Sass, Steve Serio Operations Manager Jennifer Davis-Shockley jennifer.davis@sportscarmarket.com; 503.261.0555 x 207 Senior Web Developer Jerret Kinsman jerret.kinsman@sportscarmarket.com; 503.261.0555 x 212 Information Technology/Internet Bryan Wolfe bryan.wolfe@sportscarmarket.com; 503.261.0555 x 215 Financial Manager Nikki Nalum nikki.nalum@sportscarmarket.com; 503.261.0555 x 205 Strategic Planner Bill Woodard Editorial Intern Drew Dorman Print Media Director Wendie Martin wmartin@enthusiastmediagroup.com; 206.427.1652 Executive Producer, SCM Television Roger Williams roger_williams@earthlink.net ADVERTISING Display Advertising Executives Ted Alfano ted.alfano@sportscarmarket.com; 877.219.2605 x 211 Cody Wilson cody.wilson@sportscarmarket.com; 877.219.2605 x 213 Classified Advertising classifieds@sportscarmarket.com SUBSCRIPTIONS Subscriptions Coordinator Mary Artz 877.219.2605 x 204; M–F 9 am to 5 pm PST To order new subscriptions 877.219.2605 x 204 Questions about current supscriptions 877.219.2605, x 204, service@sportscarmarket.com, fax 503.253.2234 www.sportscarmarket.com CORRESPONDENCE Email service@sportscarmarket.com Customer Support www.sportscarmarket.com/helpdesk Fax 503.253.2234 General P.O. Box 4797, Portland, OR 97208 FedEx/DHL/UPS 401 NE 19th, Suite 100, Portland, OR 97232 vestor in this format and any other used by Sports Car Market magazine. Copyright registered with the United States copyright office. Canada Post Publication Agreement #41578525 PRINTED IN USA presented. All material, data, formats and intellectual concepts in this issue © 2009 by Sports Car Market, Inc., Automotive Investor Media Group and Automotive In- The information in Sports Car Market magazine is compiled from a variety of reliable sources. However, we disclaim and deny any responsibility or liability for the timeliness, use, interpretation, accuracy, and completeness of the information

Page 16

You Write We Read All letters are subject to editing. Please address correspondence to SCM, P.O. Box 4797, Portland, OR 97208. Fax 503.253.2234, e-mail: youwrite@sportscarmarket.com Pound it out To the Editor: In his recent profile of the 1972 Ferrari Daytona (June, p. 36), the “incredible drop” in prices Steve Ahlgrim notes is a failure to see the big picture. He states that in 2008, auction prices increased to an average of $359,000 by August, but fell to $253,000 by December, with your profile car selling for $203,000 in March '09. Readjusting those prices from the perspective of the auction site for your story (Oxford, U.K.) would require converting to pounds. The numbers now become: £180,438 (August 1 exchange rate), £173,453 (December 31 exchange rate) for year-end average, and £147,705 for the profiled car's sale (March 9 exchange rate). So instead of a 45% drop from August 2008 to March 2009 from a U.S. buyer's perspective, the seller in the U.K. only saw an 18% drop from the August high, and a 15% drop from year-end—both within the realm of condition variances. Hardly a collapse, when over the same period a stock may well have lost 50% of its value. So the real story was that U.S. buyers can buy cars overseas while the dollar is temporarily stronger against the pound and euro, while European sellers aren't really seeing a big change in price. As a currency specialist and financial advisor, I say take advantage of this now, for the beneficial exchange rate will likely disappear over the next eight to twelve months.—Ian Bishop, Upland, CA Steve Ahlgrim responds: Thanks for your letter, Ian. One of the minefields we have to tiptoe through in evaluating auction results is foreign sales. Exchange rates, duty, value added taxes, left- and right-hand drive, and even number plates can color a foreign transaction in ways that are difficult to recognize, let alone translate to an American perspective. We see sales that made a tidy profit in the home currency but appear to have lost money when the results are converted to dollars, and vice versa. The subject Daytona that sold 18 equipped with sidepipes, as I believe all of the S/C models did. Twenty years ago, Dick Smith turned down $1m million for his 427 S/C A production champ from 1967 and 1969. Smith ran that car at 8,400 rpm on the straight at Sebring—tough to do sans sidepipes. In general, the S/C cars sell at a premium over the non-S/C models. Bill Cosby's old car and Shelby's own twin supercharged car both commanded multi-millions and were sidepipe-equipped. Finally, I'm confused by Mr. Shelby stated there is no record of which Cobras came with which engine, so your comment about 100 428-equipped cars may be correct, but no one knows for sure at a converted $203,000 a few months back is worth $234,000 in today's dollars, which is down $4,000 from just a week ago. This is a simplistic view that assumes the car's value in pounds hasn't changed during this period, which I'd gamble it has, and that makes the analysis even more difficult. Ferraris are world currency, and playing the currency game can certainly be beneficial to the buyer. It can also be expensive if you don't do your homework. European Ferraris are often used harder than U.S. cars. They also often have higher mileage and may not be restored to our fanatical U.S. standards. Additionally, they may not be as well equipped. Accessories like air conditioning and electric windows that may have been standard in the U.S. may have been options in Europe. In short, your European bargain may not be the equivalent of its U.S. counterpart. That's not meant to discourage anyone from following your excellent tip to go European shopping, it's just a heads-up that there's more to arbitrage than money. With respect to the profile, I'm happy to report the sale was more of an abnormality than a trend. As Mike Sheehan reported in his August column, most of the people who had to liquidate cars already have. Fortunately, the Ferrari market has firmed up, although it's certainly down from last year's level. Buyers are picky again, but good Daytonas are selling, and as you indicated, they probably fared much better than an IRA. Cobra notes To the Editor: I just read Colin Comer's article on the 1966 Cobra 427, CSX3187 (June, “American Profile,” p. 46), and wanted to toss in my two cents. In regards to your comment about the 427 Cobras actually equipped with the 428, Mr. Shelby stated there is no record of which cars came with which engine. At the annual Shelby American Museum Christmas party in Boulder, Colorado, a few years ago, he discussed this issue with several owners. So your comment about 100 428equipped cars may be correct, but no one knows for sure. My S/C, CSX3030, came what you mean by “real” 427 cars. Converting the 428 cars to a 427 sideoiler to my knowledge never compromised desirability, sales price, etc... and I've been following these for 44 years.—R. Bauman, via email Colin Comer responds: Thanks for your comments and insight. I'm deeply involved with these cars, and I stand by my opinion, which I believe is supported by the market, that today's buyers prefer the “real” (i.e., CSX3000–3100 ± and 3200–end ±) cars, as well as those that are as originally delivered, meaning undercar exhaust, if so equipped from Shelby American. As far as how many coil spring Cobras were built with 428 Police Interceptor motors by Shelby, there isn't much mystery surrounding this. SAAC has done an outstanding job compiling original factory build records, which, along with owner history and firsthand information from Shelby American employees and executives, means that almost every 428 Cobra has been identified. The number is indeed roughly 100 cars. It is understandable that memories fade—even the memory of Mr. Shelby—but thankfully factory records remain and help guys like us politely debate such things—even when the facts do let us know for sure what the truth is! A real 427 car is one that left the factory with a 427. The market has picked up on the 427 vs. 428 difference, and over the last ten years, in conjunction with the huge jump in price all Cobras have experienced, it does

Page 18

Ad Index Aston Martin of New England...............87 Autobooks-Aerobooks .........................129 Autosport Designs ................................109 Barrett-Jackson ......................................25 Battery Tender ......................................119 BB One Exports ...................................121 Bonhams ................................................21 Bonhams & Butterfields ........................19 Branson Collector Car Auction .............51 Canepa ..................................................101 Carlisle Events ........................................55 Chubb & Son Inc. ...................................53 Classic Motorcar Auctions ....................79 Classic Showcase ...................................90 CMC Classic Model Cars ....................103 Cobalt Automotive LLC ......................131 Cosdel .....................................................75 Driversource Houston LLC ...................67 European Collectibles ..........................121 Exclusive Motorcars .............................107 Exotic Car Transport ............................129 Fairfield County Concours.....................97 Fantasy Junction ...................................105 FedEx Auto Transport ............................93 Ferrarichat.com ....................................121 Fine Sports Cars ...................................129 Gooding & Company ...............................2 Grundy Worldwide...............................103 Gullwing Motor Cars, Inc. ...................105 Hagerty Insurance Agency, Inc. ............33 Hamann Classic Cars .............................97 Heacock Classic ....................................61 Heritage Classics ....................................91 Hyman, LTD ...........................................63 Ingolf Müller ........................................101 Insider's Seminar ...................................94 Intercity Lines ........................................29 Italian Concours ...................................109 JC Taylor .................................................69 JD Classics .............................................89 JJ Best Banc & Co ................................123 Juniors House of Color.........................129 Kirkland Concours .................................98 La Jolla Motor Car Classic...................115 Leake Auction Company .......................85 MacNeil Automotive ......................23, 125 Maine Line Exotics ..............................125 Mercedes Classic Center ......................132 Mohr Imports, Inc. ...............................107 Morris & Welford ...................................17 My Classic Car Garage ........................119 Newport Beach Conscours ....................74 Palos Verdes Concours d'Elegance .......80 Park Place LTD ......................................57 Paul Russell and Company .................. 111 Plycar Transportation Group ............... 111 Poff Transportation ..............................129 Putnam Leasing ......................................39 Reliable Carriers ....................................65 Re-Originals .........................................119 RM Auctions ................................ 9, 11, 13 Ron Tonkin Gran Turismo ...................113 Ronald McDonald House .......................81 RPM Autobooks ...................................129 Russo and Steele.....................................15 Santiago Collector Car Auctions ...........71 Silver Auctions .......................................59 Sports & Specialist Cars ......................115 Spyker of North America LLC ..............77 St. Michaels Concours d' Elegance .......83 Steve Austin's Great Vacation .............113 Sun River Concours ...............................95 Superior Glass Works ............................27 Symbolic Motor Car Co ...........................7 The Stable, Ltd. ......................................99 Vintage Auto Collectibles ......................73 Vintage Rallies .......................................99 VIP Transport Inc. ...............................129 Worldwide Group .....................................4 20 translate into what buyers will pay. Cars with the 428 will bring less than those with a 427 every time. You are correct that all S/C cars did come with sidepipes, as well as all the Comp cars. The sidepipes do reduce underhood temps and add at least 50 horsepower. You will get no argument from me on that. If it weren't for the hordes of replica Cobras that almost all have sidepipes, perhaps we would appreciate them more. As it stands, most think the undercar exhaust on a street (not an S/C or Comp) Cobra is the most correct and “pure” option today. As for Dick Smith, he was one of the finest Cobra guys we will likely ever see, and he is missed by many who had the pleasure of knowing him, myself included. We all lived vicariously through his skill and courage. Oh, you mean those side lights? To the Editor: In the June issue of SCM (“In Miniature,” p. 24) Marshall Buck talks about the “...tiny round side lights just aft of the front wheels...” on the Ferrari 365 GTB/4 model, and how he has never seen them on a real car. To which I would respond, look at p. 36 of the same issue, where a 1972 Ferrari Daytona is featured. Yup, little round side lights just aft of the front wheels.—Carl Dreher, Dallas, TX Marshall Buck responds: Mr. Dreher, I throw myself upon the mercy of the court and plead guilty, with an explanation. I failed to look into the Europeandelivered cars as thoroughly as I should have—particularly those in the U.K. I should have known better, especially since I lived there for a few years in the early 1970s. The Ferrari Daytona you refer to on p. 36 of our June issue was a U.K.-spec car. Please also note that what I wrote was: “There are tiny round side lights just aft of the front wheels; I know they are not U.S. spec and I can't recall or find any supporting reference for those on European versions.” I certainly have seen Daytonas (and numerous other cars) with round, square, and What I'd like to know is where I can find a #1 or even a #2 1971 280SE 3.5 cabriolet for only $58,870? If it exists, I've got cash waiting rectangular side lights, but what I failed to write was that I have not seen, and could not find anything to substantiate them being added/required on any LHD cars, or being standard from the factory. The model I reviewed was a standard LHD Daytona. So… I did a little more digging and placed a call to Nathan Beehl in the U.K., who has authored a number of books on Ferrari, including one many years ago on the Daytonas. Subsequently, I also placed a call to the former Service Manager at Maranello Concessionaires in the U.K. From what I have been able to piece together, nearly all European cars imported into the U.K. had to have amber side lights mounted forward of the doors. With some marques, it seems to be a bit dependent on what specific front lights are on the car. All U.K.-spec Ferraris required these amber side lights and did have them added. It appears this started sometime between the late 1960s and the very early 1970s. Thanks for keeping me on my toes. I'll take two at that price To the Editor: On p. 74 in your recent auction report for the Bonhams sale at the Royal Air Force Museum in Hendon, England (July, “Market Reports,”), there is a write-up on lot 368, a 1957 Mercedes 220S cabriolet, which sold for $88,305 and was listed as #1 condition. Paul Hardiman commented: “Rare, desirable, and sold for a market-correct price, although you could have one and a half super-cool 280SE 3.5 cabrios for the same money.” What I'd like to know is where I can find a #1 or even a #2 1971 280SE 3.5 cabriolet for only $58,870? If it exists, I've got cash waiting. I suspect you cannot even buy one for $100,000. Perhaps he meant a 3.5 coupe or a 6-cylinder 280SE cabrio?—Brian Peters, San Diego, CA Paul Hardiman responds: You are of course correct, Mr. Peters. For some reason I fixated on the price of a 3.5 coupe as I wrote the report, a car that starts at £25k–£30k ($40k–$50k) in the U.K. And I completely overlooked that the 3.5 cabrio starts nearer £60k, or $100k in real money. Or maybe I confused myself because the last 280SE cabrio (six) I borrowed for a photo shoot had to be insured for £30k. Excuses, excuses... either way, I dropped the ball on this one. ♦ Sports Car Market

Page 20

Time Pieces by Alex Hofberg 2009 Ulysse Nardin Acqua Diver Perpetual Watch design, like automobile design, involves combining technol- ogy with aesthetic form. Some manufacturers take delight in making basic, legible timepieces that serve numerous functions with incredibly complicated systems. Of the Swiss workshops rethinking and re-engineering watches— while delighting those who crave complication—Ulysse Nardin stands out. The company was founded in 1846 and made marine chronometers, pocket watches, and eventually wrist watches for five generations, but it hit its stride after the brand was sold to Swiss entrepreneur Rolf W. Schnyder in 1983. Schnyder teamed up with Dr. Ludwig Oechslin, a holder of doc- torates in philosophy, astronomy, and applied sciences, who had also earned a master watchmakers certificate. Together, they executed three of the world's most complicated wrist watches, known as the Trilogy of Time. These included the Astrolabium Galileo Galilei, the Planetarium Copernicus, and the Tellurium Johannes Kepler—all examples of micro-mechanical engineering as applied to timekeeping and astronomical observation. The new Acqua Diver Perpetual was Model Details Production Date: Available Fall 2009 Best place to wear one: introduced in spring 2009 at the Basel, Switzerland, watch fair, in a limited production of 500 pieces. It features Dr. Oechslin's revolutionary perpetual calendar system, which displays the date (in this case mechanically by a system of wheels and cams) and automatically compensates for long or short months and leap years. Oechslin's design enables the user to reset the calendar forward or backward, a great advantage if the watch is allowed to stop. Complicated watches can be challenging, but the Acqua leg- Underwater filming the lava flow at Kilauea Ratings ( Rarity: Durability: Parts/Service Availability: Cool Factor: Web: www.ulysse-nardin.com is best): ibly displays the time, day, date, month, and year. The orange coated super-luminova hands stand out against the carbon fiber dial, which combines luminous numerals and batons. The “sector” style seconds register is designed to not overlap the day indicator. Seconds are read during the first half of a minute by looking at the position of the black portion of the hand on the inner scale and during the second half of the minute using the opposite orange end of that same hand on the outer scale. The date is shown in an extra-large display above the logo, with the day, month, and year indicator below. The titanium case and rubber strap keep the watch from being overly bulky, though it measures a broad 45 mm. The rotating bezel around the dial has beautiful Guilloché waves to remind the wearer this is a dive watch from a company with a long maritime history. Water resistance to 300 meters is achieved by the use of a locking crown system, sapphire crystal, and tightly gasketed case back. The price tag of $26,800 may put this watch out of reach for many collectors, but watches in this league are selling well. And since there will be only 500, an owner who can justify the purchase will be satisfied with the watch's rarity, as well as its function and ingenuity. Neat Stuff by Stefan Lombard One big Benz Fewer than 50 Mercedes SSKs were built before WWII, and they are now coveted by collectors worldwide. This 1:5-scale scratch-built 1928 SSK “Speziale” model is bigger than your kid, measuring a full 35 inches long and tipping the scales at a hefty 40 lb. It is made almost entirely from metal using 4,200 individual components, and it features brass over wood construction like the original, with full engine detail, removable hood, leather seats, a wooden steering wheel and running boards, real glass, a scale tool kit, a wired dashboard, and more. No detail has been left out. Collector Studio has just eight available at $36,500 each. www.collectorstudio.com, 416.975.5442. (CAN) Testing… testing So you just ponied up several mil for your Cal Spyder, but maybe you're not too keen on displaying it with your current license plates in this era of instant access to personal information. Why not show it with Prova Plates? Prova means “test” in Italian, and “MO” is the designator for the Modena area in Italy. When an automobile carries an official version of the special Prova-designated registration plate, it is typically exempt from most Italian traffic laws—notably the speed limit. Sadly, while completely authentic in appearance, these plates won't cause the local state patrol to cut you much slack. But they certainly add a final touch of authenticity on the display field to your beloved Italian exotic. And they'll prevent someone from using your registered plate to dig into your life to post what they find on Facebook. $25. www.provaplates.com, 770.846.0440. (GA) 22 Sports Car Market

Page 22

In Miniature by Marshall Buck Lamborghini Countach The Lamborghini Countach is a sports car icon. It was almost a requirement for teenage boys in the 1970s and early 1980s to have a poster of one on the bedroom wall. For me, the true test of any automobile miniature Model Details qualifying as great occurs when a car that may not be to my liking in real life is executed with such attention to detail and accuracy that I am forced to whip out my credit card. The 1:12-scale Lamborghini Countach LP 400 is one of those models. It's a scale masterpiece by Kyosho of Japan. Kyosho has modeled what appears to be the first generation of production Production Date: 2008 Quantity: 1,500 Ratings: Overall Quality: Authenticity: Overall Value: Web: www.kyosho.com cars from 1974, and the overall fit, finish, and detailing are superb. Body shape is spot on, and the model features enough working parts to satisfy those of us who need to play. All of Kyosho's functional parts work precisely and have the feel of quality. Pop a door open via a small push button to release the catch and raise it up on the scissor hinge, along with a friction strut to help hold it open. The doors should open just a bit more, but the final position is very close to the real thing. Peer inside the detailed interior and you'll be hard-pressed to find anything missing. If you wish, you can run the gearshift through the gate. It's all there, from the perfectly scaled light gray carpeting to the imitation “mouse fur.” Dash gauges are complete and legible. I love the row of colored switches with legible icons—those little bits measure only about 1.75 mm x 1 mm. The rear trunk is carpeted and has a detailed simulated latch that you'd swear is functional. The front is filled with spare tire, duct work, horns, see-through windshield washer tank, AC Delco battery, and more. Looking into any of the massive vents and ducts adorning this beast, you will see that Kyosho has done its homework. All the important stuff is in the engine bay, including plumbing hoses and wiring. There are six Weber carbs with their throttle linkage and even a small rectangular light on the left wall above the coils. Other working features are suspension, steering and pop-up headlights. Overall, I'm impressed with the detail, though a little let down by the mold seams on various painted plastic parts. At the base of the windshield, the huge single wiper could be a little crisper but it only stands out when compared to the detail of the trunk latch. The lenses for head, tail, and signal lights are first rate, beautifully engraved, and convincingly realistic, except for the round amber side lights, which are a little too large and positioned too low. Another eye-catching detail is the raging bull emblem on the front. The tires are missing sidewall markings (licensing issues) but have an excellent tread pattern. Highly recommended; this model sells for a very reasonable $460. If this LP 400 model seems too sedate, Kyosho has released an LP 5000S in white with white interior, wing, flares et al, which sells for $525. Available from Motorsports Miniatures, 800.249.3763. Speaking Volumes by Mark Wigginton How to Restore Your Collector Car: 2nd Edition By Tom Brownell and Jason Scott, Motorbooks, 272 pages, $22.79 (Amazon) If you've never pulled a car completely apart and put it back together, piece by piece, better than new (most of us fall into that category), then How to Restore Your Collector Car is the automotive equivalent of a good travel guide. Whether or not you choose to go to this amazing place, after reading the book, you will have a basic sense of what you are going to find, and will have been both amused and enlightened. It can't possibly show you all the little places along the way, but isn't that where the joy is, in the process and discovery? Tom Brownell's original book, now updated with the help of Jason Scott in the second edition, covers everything, from what level of restoration you want to do, to how to decide whether to restore subsections of your car, or disassemble it into a shop full of parts. It offers guidance on tools and techniques and is full of smart tips to help you keep your sanity in an insane hobby. After all, the authors assume a ground-up restoration will take on the order of 2,000 hours. That's 50 weeks of 40-hour weeks, or four years of ten-hour weeks, if you want to keep your paying job and your marriage. Each chapter of the book could be, and is, the topic for full length books, from redoing the electrical to body work to paint. There is plenty of detail, at least enough to help guide the most important restoration decision you will face over and over on a project: Is this task something I can or should do, or should I get a professional to do it? The restoration world seems divided between those who do the work and those who buy the work, and this book can help you make the choice, and do it much more economically than getting yourself buried in what you thought was a straightforward project. Just like that trip you have dreamed of for so long, it never hurts to read the guidebook first and see if you really want to go there. Provenance: Both authors have plenty of calluses and scars to go with their completed projects, so think of them as craftsmen who write. Their experience with the tools and the challenges comes through on every page. Fit and finish: The design and reproduction have the look and feel of a well designed textbook, with brightly reproduced color on every page and a clean, easy-to-use layout. Drivability: If you haven't restored a car before, but have the desire, then investing in this book first will either save you a fortune or be the first step on a wonderful journey, a personal trek spent learning about your project car and yourself. 24 Sports Car Market

Page 24

Affordable Classic Beach Cars Beach Blanket Bimbos Association with the glamour of the Riviera of the 1960s and people like Aristotle Onassis can make people do silly things at auction By Rob Sass From left: Fiat Jolly, Austin Mini Moke, Citroën Mehari, Volkswagen Thing B each cars are frivolous, slow, and silly, but they're cute as hell, and in the case of Fiat and Renault Jollys, the association with the glamour of the Riviera of the 1960s and people like Aristotle Onassis can make people do silly things at auction. And while Things and Mokes lack the yacht tender cool factor of a Fiat Jolly, they're quite fun in their own right, anywhere there's sun and sand. So here are some choices for your Monte Carlo yacht (when you win the lottery, or when weird Uncle Harold leaves you his fortune). 1. 1959–62 Fiat Jolly The Fiat Jolly is the archetypal beach car. Based on the Fiat 500 and 600, an unde- termined number were sent to Ghia for conversion into beach cars, complete with cutdown doors, wicker seats (ouch! in your swimsuit), chrome pipe work and a fringed surrey top. A large portion of the production wound up in the U.S. to be used as taxis on Catalina Island in the late 1950s. Jolly literally translates to “Joker” in Italian, and it was also known as La Spiaggina or “Beach-ette.” For a car of such reputed low production (some sources list around 100), Jollys seem to appear at every major auction. In pastels like coral and pale blue with wide whitewalls, and done to a decent standard (with a striped surrey top), around $30,000 seems to be the norm. A similar version of the Renault 4CV (unofficially called the Jolly) also exists, but these rarely appear at auction. Prices for Renault Jollys are similar to those of Fiats. Rarer editions of this “topless” concept (well, it is the Mediterranean, after all) include the 1960s Fiat Gamine, a 500-cc, rear-engined, faux 1930s Balilla roadster. Another is the Siata Spring, with which the once-respected '50s Italian sports car builder left the world stage in the late 1960s. Think MG TD “clown car” with a Fiat 850 drivetrain. Several Minis were “Jolly-ized,” but the concept seems as dazed and confused as a South London secretary at a topless beach on the Riviera. 2. 1964–68 Austin Mini Moke Mk I The Austin (or Morris) Mini Moke was designed by Sir Alec Issigonis at the same time as the iconic original Mini. Almost unbelievably, the cheeky Moke was designed for the British military (the twits from the Beatles movie “Help,” not the studs who won the Falklands War). Period photos of the Moke toting rocket launchers and machine guns are amusing, to say the least, but it's not difficult to imagine using those contraptions to control the golf cart traffic at some auctions. Not surprisingly, the Moke was not a successful military vehicle, and most wound up as resort cars in places like the Bahamas and Bermuda. Appearances in movies and British TV shows like “The Prisoner,” “The Persuaders,” and “The Avengers” (complete with striped tops) cemented the Moke's fame. Considerably easier and cheaper to restore than a Fiat or Renault Jolly, later versions of the Moke with 13-inch wheels and 26 a 1,275-cc engine were built into the 1990s in places like Portugal and Australia (honestly). About half the price of a Jolly seems to be right for a Moke. 3. 1968–88 Citroën Mehari The Mehari was essentially a French Moke. Different for the sake of being different (and because it was French), and not necessarily any better. It was based on the Dyane 6 and briefly served with the French and Irish militaries. Lightweight from using ABS plastic for the bodies, the four-wheel-drive version actually had decent off-road capability. However, ultra-violet light eventually rendered the once-red-now-pink plastic bodies vulnerable to shattering into pieces as the result of a loud nearby cough. Strangely, the Mehari was actually sold for one year (1970) in the U.S., and I can remember my family renting a bright green one in Hawaii in 1971. Outside the U.S., Meharis are not particularly rare (over 144,000 were built during a 20-year production run), nor are they really cute in the way a Jolly or a Moke is. Consequently, values are nowhere near Jolly or even Moke money. Around $10,000–$12,000 should buy a nice Mehari. 4. 1973–75 Volkswagen Thing Like the Mehari and the Moke, the Type 181 “Thing” was derived from a military vehicle, at least conceptually—in this case the successful Kubelwagen, or “bucket car,” that served nearly everywhere the Wehrmacht goose stepped in WWII. Mechanicals were nearly identical to the Type I Beetle, the windshield folded flat, doors could come off, and weather protection was minimal. Like the Moke, Things were a fixture at resorts. Although not often seen in the Caribbean, Acapulco resorts were lousy with them, and some are still seen there today. Acapulco Things came with running boards, surrey tops, and stripes. Things are simple, rugged, fun, and easy to put right, but large production numbers and lack of cachet mean that they'll never be sought after like a Fiat Jolly. Anywhere from $7,000 to $12,000 buys a nice Thing. ♦ Sports Car Market

Page 26

Legal Files John Draneas Provenance As an Asset: A New Issue for the Taxman We are addressing provenance created by the owner after a car's acquisition, and whether the costs involved can be used to reduce the gain on the sale for them. In many cases, they purchased these cars years ago when they weren't particularly sought after or valuable, usually because they just liked the cars and wanted to own and use them. Now that the market has made them into very valuable assets, they are cashing in on their investments and finding that the IRS is there, open hand stretched out, asking for its share. “Legal Files” has explained before that M your profit on a collector car is taxable as a long-term capital gain (assuming your use qualifies), and that the appropriate federal tax rate is 15%. The amount taxed is the sales price net of selling expenses, less your “basis” in the car. Your basis is essentially your investment in the car, which is your cost plus the cost of improvements you made to the car. But it isn't always that simple. A col- lector doesn't just buy a car and park it in the garage, like a stock certificate sitting in a safe. A portion of the value of the car is created by activities in which the collector used the car—activities that added to its provenance. These can include winning Best of Show at Pebble Beach or Amelia Island, showing it at prestigious European events, successfully running the Mille Miglia without a breakdown, or racing it in the Monterey Historics, the Historic Le Mans, or the Historic Monte Carlo Rally. All of these events added to the provenance of the car and enhanced its value and, ergo, its ultimate sale price. But can these costs add to the basis of the car and reduce the amount of the collector's taxable gain? Let's define provenance A car's provenance is comprised of two parts—its history and the significance of the elements of that history. It starts with establishing the precise identity of the car—its authenticity as the specific automobile it is represented to be, as well as its original configuration. That goes hand in hand with establishing the complete ownership history of the car, from owner to owner. The final element is establishing the specific events and activities in which the car participated that make it special; for example, its racing history in prestigious events with prestigious drivers, concours wins, famous owners, etc. You name it—anything of significance that separates this particular vehicle from other, similar examples, making it a “piece of history.” Establishing the car's provenance may require extensive research: searching through marque club records and registries, vehicle registrations, SCM auction trails, period publications, even Googling prior owners to locate and interview them. It's easy to see how much effort this can require. The tax law is muddy All of these elements of the car's provenance increase its value and are built into the car's initial purchase price. But what we are addressing here are the portions of the car's provenance that are created by the owner after its acquisition, and whether their cost can 28 Time on prestigious lawns adds provenance; will the IRS acknowledge the costs involved be treated as part of the basis of the car. Our firm recently had the assignment of researching these issues for a collector with a substantial gain on the sale of his car. Surprisingly, our extensive legal research could not uncover any statute, regulation, ruling or case that directly considered the tax character of these expenditures, or anything even close. But by applying general rules governing the deduction and capitalization of expenditures, we determined there are three possible tax characterizations for these expenditures—deductible expenses, personal expenditures which would yield no income tax benefit, and capital expenditures which add to basis. 1. Deductible Expenses These expenditures could have been deducted as in- curred if they were part of a business or profit-seeking activity, but that isn't very likely for the collector. There is some legal authority that appreciation can serve as the “profit” element here, but it's still pretty tenuous for the typical collector. 2. Personal Expenses The IRS could certainly claim these expenditures are just personal expenses, since the collector personally participates in these events. However, there is ample legal authority (very prominently in many auto racing cases, for example) that an otherwise deductible expenditure Sports Car Market any collectors are selling cars they have owned for several years, often for substantially more money than they paid

Page 27

does not lose its character simply because the taxpayer receives personal enjoyment from the activity. 3. Capital Expenditures Under general tax principles, expenditures must be capitalized (added to basis instead of being deducted) if they constitute a betterment of an asset—traditionally, adding over a year to the useful life of the asset. The rules on this changed somewhat with the Supreme Court decision in the INDOPCO case, which took a more general view and required expenses to be capitalized if they provided benefits for the indefinite future. The IRS has responded with new regulations. One provision says that expenditures must be capitalized if they create an intangible asset. None of the examples given in the regulations address the provenance of a collector car, but it should be reasonable to view the provenance of a collector car as an intangible asset. As collectors, we all know that provenance is an elusive intangible asset that has a very real effect upon the collectible nature of a car, and its resulting value. For example, all Porsche 962s are collectible, but the most valuable ones are those with the best racing histories. Clearly, the collector car market highly values the intangible characteristics of a given car, or its provenance. Without doubt, a collector's use of a given car can involve activities that add to its provenance, and to its value. It is logical that the costs incurred by the collector in creating that provenance should be capitalized on the basis that they have either created an intangible asset, or that they are betterments within the meaning of INDOPCO. Either way, the expenditures would add to the basis in the collector's car and reduce the taxable gain upon its sale. Drawing the line Although our research indicated that collectors can make a strong case that expen- ditures that add to the provenance of a collector car can be added to its basis, not every single dollar spent on the car can qualify. It is important to be reasonable about identifying the expenditures that actually create provenance. Being greedy here can leave you in an untenable position, and the IRS and the Tax Court judge may well treat all the expenditures as personal expenses. Only events and activities that add to the car's resume in a meaningful way should even be considered. When the events fit the mold, the amounts that can be counted include the full cost—entry fees, support services, transport, and your own travel, meals, and lodging. Expenses for spouses, family, friends, etc. are highly suspect. Further, travel expenses are subject to specific limitations, especially foreign travel, which space does not allow us to address here. Building your case It is important to have an appraisal that documents not only that your efforts added to the provenance of the car, but also that the provenance added to the sale price. Ideally, the appraisal would show your car sold for a specific amount greater than it would have without the provenance you created. The difference should be substantial to stand a chance of being respected, but it shouldn't necessarily have to be greater than the amount you spent. Also, you would be well advised to get a formal tax opinion from your tax attorney or CPA supporting this position. If the IRS audits your return, the tax opinion might deter the auditor from challenging you. And if there is a challenge and you can't sustain the position, or decide it isn't worth the fight, the tax opinion should protect you from additional penalties. ♦ JOHN DRANEAS is an attorney in Oregon. His comments are general in nature and are not intended to substitute for consultation with an attorney. September 2009 29

Page 28

Collecting Thoughts Cuba's Collectibles Running on Empty in Cuba Of Cuba's estimated 200,000 cars, a disproportionate 60,000 still in daily operation are vintage American iron built prior to 1960 by Michael Di Lauro Your taxi dollars at work, keeping this old Olds on the road Technicolor, like a 1950s movie. Cars like Easter eggs with fins roar by, smoking, squeaking, and bouncing over chuckholes. These rattling crowds of vintage cars are perhaps I 30 the most visible contradiction in Cuba, a tropical islandnation inhabited by warm-hearted people in a country rife with intrigue, hardship, and paradox. But the winds of change are blowing over the island, and for once they're blowing from the U.S. If trade restrictions are relaxed, and with manufacturers desperate for new car sales, will Cuba's vintage vehicles be replaced? n the collector car world, “time warp” cars are vehicles that time forgot. They emerge blinking from dusty barns and garages; still life metal dreams. Cuba's different. In Havana, the dream is vibrant After all, with 50 years of pent-up demand, the island is a salesman's dream. Only 766 miles long and no more than 125 miles north to south, Cuba's main island has 90% of Florida's land mass but just over half its population, at 11 million. But it's another statistic, unrelated to geography and population, that fascinates visitors. Of Cuba's estimated 200,000 cars, a disproportionate 60,000 still in daily operation are vintage American iron built prior to 1960, when Castro's revolution slammed the door to the West. On the Via Blanca, a mostly four-lane highway that runs parallel to the Florida Straits and connects Varadero with the capital, Havana, aging Chevrolet Bel Airs, DeSoto Fireflites, and Packard Clippers are far outnumbered by Chinese-made Yutong tourist buses, soot-spewing delivery vans, and modern transport trucks. Reminscent of a 1950s postcard But in historic Havana, a Unesco World Heritage Center with a population of two million, it's easy to see the opposite applies. They're everywhere—a steady, unrelenting Sports Car Market

Page 29

stream of Pontiac Catalinas, Plymouth Furys, and Studebaker Champions, loping through intersections, dropping off taxi fares, or just sitting there, inattentively parked door handle to door handle on every side street. Looking out from the top steps of El Capitolio, Havana's pre-revolutionary seat of government— now essentially a library—the scene, complete with Oldsmobile 88 convertibles and Chevrolet Impala hard tops, is reminiscent of a 1950s postcard. Who, then, owns all those old war- horses? That's easy to answer, once Cuba's color-coded license plates are deciphered. Red, blue, or black tags, for example, denote rentals and state- or embassy-owned vehicles, while anything with a yellow plate is privately owned. And with such an assortment of much newer Russian Ladas and Moskvitches, Czech Skodas, and Korean Daewoos, it initially comes as a surprise to see yellow tags on so many vintage vehicles. Dig a little deeper, though, and the arcane complexity of post-revolutionary life in Cuba comes into focus. It turns out that until recently, the only cars Cubans could legally buy were those in private possession in 1959. Now, after President Raul Castro's relaxation of ownership laws, Cubans might be able to purchase more modern cars, but they still can't buy new ones. Yellow plate signifies private ownership capable of driving it. But it took us many times to the beaches in East Havana.” And if maintenance is a mostly black-market, bar- Quixotic Cuban preference for older cars Even though new car agencies do exist (it's estimated that Cuba imports a paltry 3,000 vehicles each year), their sole purpose is to provide new Peugeots, Daihatsus, and Seats to rental agencies, temporary foreign residents, embassy workers, and the like. This leaves a resident with the choice of purchasing a more recent model (typically of Russian or Czech origin) or an American antique five decades old. “Purchase,” incidentally, is often a matter of consent rather than law. As it happens, many inhabitants don't bother to transfer ownership from seller to buyer; all of which, given the absence of insurance requirements, makes one wonder about liability and property damage. Still, given the choice of recent or vintage, it's interesting to note the quixotic Cuban preference for older cars. When I quizzed a hotel employee about it, she replied, “Those cars are very strong, big, and comfortable. They take a lot of gasoline, but people make modifications and make them take less gas.” All of which raises the intriguing matter of maintenance. There's no NAPA, after all, and while service stations do exist (you can see them scattered here and there in most towns), no one, it seems, admits to actually using one. The job, therefore, of keeping vehicles roadworthy (a word used somewhat charitably) is often taken up by a group of individuals willing to share their collective talent, knowledge, and creativity. Here's a typical ownership example, as recounted to me by a frequent visitor to Cuba: “Our friend Alex and his brothers are putting back together a 1956 Pontiac, which originally belonged to an uncle. So far they have rebuilt the engine from bits and pieces from other cars [another Pontiac and a Lada], and from parts they could make themselves. All the family pitches in. Most of them are woodworkers and have the skills to make and repair their own tools. Other friends and family who have jobs on the road always keep an eye out for any working or non-working parts they can scrounge by payment or barter. Believe me, non-essential things like door handles, mirrors, door locks, windows and their parts, trunk locks, gas caps, upholstery, or knobs of any kind are NOT replaced.” In a country that makes brake fluid from an unfathomable cocktail of alcohol, brown sugar, and shampoo, and fashions replacement fenders from the roofs of derelicts, it takes creativity and dogged determination to keep a car going. And yet, as explained by a Cuban ex-pat who emigrated in the mid-1990s, there's a sort of good-natured, devil-may-care vibe to it all. “I knew someone that had an old Jeep Willys, which we used to call ‘bum-bum-chácata.' It was a hybrid of a Jeep chassis, motor from a Russian Niva, gear change and steering wheel from a Lada, and tires from God knows what source. The emergency brake did not work, and believe me, he was the only one September 2009 tered, DIY affair, consider the other costs of ownership. Gasoline sells for $4.75 a gallon, licensing is $5 per year, insurance doesn't exist, and the purchase price of a late '50s relic is, just like anywhere else on the planet, contingent on condition. Depending who you ask, the price might vary from $3,000 to $15,000, and that's provided you're not a tourist, in which case it can double. Given those figures, it's tempting to consider ownership affordable... until the cost is weighed against the average Cuban salary of $20 a month. So how do they do it? How do Cubans afford a car? The key appears to be tourism. When a taxi driver chauffeurs tourists at a flat rate of $20 per day (and ignores paying, as most do, the required taxi permit of $28.50 per month), and when a waitress or bartender earns, day in and day out, $5 to $15 in tips, it's easy to understand the appeal of tourism. As an aside—and to once more reinforce Cuba's inherent complexity—there are two currencies in Cuba. Locals are paid, and transact, in the National Peso (CUP). Tourists, on the other hand, deal, at all times, in the Convertible Peso (CUC). With the CUC pegged at an optimistic, not to mention opportunistic, 10% markup over the U.S. dollar (making it 24 times more valuable than a CUP), it's easy to see why, in Cuba, doctors, engineers, and other professionals are abandoning their chosen careers in favor of more lucrative jobs in anything that puts them in contact with tourists and their tips. Complex Cuba, with its anachronisms and inherent beauty, has a magic realism. A mere 90 miles away from the southern reach of Key West is a real-life, working automobile museum. But with the recent détente-like pronouncements of the Obama administration, one has to wonder if the days of Cuba's isolation, and of its 50-year-old American antiques, are coming to an end. Should that happen, try to visit before all these old cars are sent to scrapyards. ♦ 31

Page 30

Collecting Thoughts The SCM Scale How SCM Rates Collector Cars Most of the time, I can find a flaw on nearly any car. Bad stitching along the seat seam, inconsistent body gaps, hazing in the glass. Super picky? You bet by Dale Novak B # auction, #1 cars are the “needle in a stack of needles.” In other words, they are as rare as the numbers-matching engine for your project car. The first question: Is it “better” than the day it rolled 1 off the showroom floor? If it is, what flaws can you find? If you can find none, then clearly it should claim the highest honor—the #1 rating. The easiest way to peel off the first layer of the onion is that most of the time I can find a flaw on nearly any car. Bad stitching along the seat seam, inconsistent body gaps, a slight hazing in the glass. Super picky? You bet. But one single flaw allows me to respectfully drop a car to a lower level. Find a few more flaws and that car heads close to #2 category. # 2 SCM guide states: “Very good, club concours, some small flaws.” The dilemma with scoring a car #2 is how many flaws will I accept before dropping a particular car to #3? A #2 car presents itself as a “world-class show car” to the casual observer, but not to an experienced professional. They have detectable flaws, but you may need to hunt for them. For instance, look at the chrome close up, perhaps the stainless steel trim. How about the steering wheel? These items may show light scratches, polishing marks, or maybe a small crack in the steering wheel. Once you have enough of these minor flaws, you have yourself a #2 car. How many flaws you find will determine if that car will score #2+, #2, or #2-. # 3 SCM guide states: “Average daily driver in decent condition.” This is the broadest range of collectible car conditions. Most of the cars seen at local shows and many auctions will fall into this category. Why? Becaus #1 cars have always been fastidiously restored. And #2 cars are most likely former #1 one cars that have aged or been driven for a while, allowing the restoration to unwind a bit. 32 Close inspection is key # scribe a #4 car is that you won't need to walk up close to it. The flaws will be apparent from five feet or so. You might see faded paint, chrome that lacks a deep luster, or an interior that looks well worn. The engine bay will almost certainly appear old and scruffy. It would not hold up to the “white glove” treatment. Many “unrestored original” cars might fall into this category. These are not horrible cars, but most collectors may avoid them unless they are highly desirable, rare, or significant. 4 # beginning of the SCM “Fright Pig” rating. A #5 car gives itself away at anywhere from five to 20 feet. You can see flaws all over the car. No portion of the car will be all that desirable. Actually, you may find yourself hunting for a positive attribute. If you find yourself saying something like, “Well, at least the gauge cluster is nice,” you most likely have yourself a #5 condition automobile. Don't worry—your restoration shop will love you, since this car will gnaw away at you until you drag it their way. 5 # then this thing is Satan. No part of this automobile is delightful. If you're an avid eBay seller, you'll quickly start to crunch the numbers for any part that looks salvageable. The rarer the car the better, as the parts will most certainly outweigh the value of the whole. Look for the guy with a calculator eyeballing the useable parts. Unless they are extraordinarily desirable, #6 condition cars rarely show up at auction. 6 Conclusion This article addresses condition only. Great cars in a “preservation” state most often fall into a #4 category (or even #3 for exceptional examples), but that is acceptable for those cars. Terrific documentation, original equipment and drivetrains, or especially significant provenance, will not change the condition assessment, but they most certainly change the value/desirability. That's an entirely different story. ♦ Sports Car Market SCM guide states: “Good only for parts.” This category needs little further explanation. If a #5 car is a nasty beast, SCM guide states: “A nasty beast that runs but has many problems.” As we work our way down the scale, it's easier to see the levels. This is the eauty may be in the eye of the beholder, but when it comes to collector cars, assessing that beauty accurately is vital for buyers, sellers, auction companies, and price guides. For more than 30 years, I've spent my spare time and my professional time rating classic cars—putting “condition numbers” on them, from #1 to #6. Let me explain how I come to a decision. Here's the issue I've run into a number of times: Put a few “car guys” in a room to crawl over a specific car, and each will come up with a different rating. It's human nature; one man's show car is another man's driver. As an SCM auction analyst, I'll try and put us on the same page. SCM guide states: “National concours standard/ perfect.” When I am assessing 75 cars at a typical That's where #3 cars come in—often they are a much older or perhaps amateur restoration. Most casual automotive enthusiasts will ultimately see a #3 car as a #2. I have personally observed about 75% of the guys going over a squarely #3 car talking about the car being in #2 condition (or better). When “drivers” are parked next to “drivers” (which is almost always the case at auctions) it's more difficult to remain objective. But park a “driver” next to a national class show car and the differences are apparent. The #3 cars have numerous, but usually minor, easily discernable flaws: paint and body that are not up to show standards, interiors look fairly well used and worn (but not beat to death), or the engine bay is generally tidy but may show some rust, perhaps with paint flaking off the block. The easiest way to define a #3 car is that once you walk up to the car, you can easily and immediately see multiple flaws. SCM guide states: “Still a driver, but with some apparent flaws.” This category could use some additional explanation. The best way to de

Page 32

Event Copperstate 1000 2009 Copperstate 1000 Rally Hammer's 427 Cobra self-clearanced at least four connecting rods through the engine block. Oh, and it caught fire too, but we lent him an extinguisher by Colin Comer Colin and Cana in CSX3134, somewhere between Windex pit stops Rally. This year, 62 spectacular (and for the most part) road-worthy pre-1973 cars partook in this Southwestern adventure, 36 of which belonged to SCMers. The mix of cars was intoxicating and included ma- T chinery as diverse as a 1929 Bentley 4½-Liter drophead, a Le Mans-winning 1959 Ferrari 250 California Spyder alloy-bodied Competition car, mid-year Corvettes, a stunning DB4GT Zagato, three 427 Cobras, and—get this—a 1970 Ford Torino Grand National stock car. Think of it as one of the best car shows you have ever attended, without the smell of stale gasoline, shrink wrap to keep blades of grass from tire treads, or the sputtering of thoroughbreds that only see the ramp into a cushy enclosed trailer. My co-driver, Cana Tinkle, and I were one of the trio of 427 Cobra pilots, driving CSX3134. And while the 2007 event saw my 289 Cobra shedding a radiator hose while racing SCMer Michael Hammer's Bentley, this year Mr. Hammer one-upped me when his 427 Cobra 34 he trick to seeing Arizona is to pick the perfect week before it gets too hot. In 2009, this must surely have been April 4–8, which just happened to be the dates of the 19th Bell Lexus Copperstate 1000 Road self-clearanced at least four connecting rods through the engine block. Oh, and it caught fire too, but we lent him an extinguisher. I won't attempt to top him. The route for 2009 was a highlight We started in Tempe with a send-off car show from Tempe Diablo Stadium. The green flag dropped, and we headed north through Coconino National Forest en route to Flagstaff for our first night. Day Two brought more driving around the cold but beautiful landscape of Northern Arizona, with a stop in Winslow for lunch at La Posada, the famous restored 1929 railroad hotel, and we concluded amidst the red rocks in Sedona. Day Three brought a morning of spirited driving on our way to lunch at the Planes of Fame Museum in Valle, where those brave enough got to fly to the edge of the Grand Canyon in a 1929 Ford Tri-Motor airplane. Vintage 1929 barf bags were strictly optional. The afternoon's drive offered more strictly-at-your-own-risk spirited driving back through Flagstaff and eventually to Sedona for another night at the Sedona Rouge resort. Day Four saw us rolling out of Sedona Details Plan ahead: April 10–14, 2010 Where: Starts in Tempe, AZ Cost: $5,500 More: www.copperstate.1000.com and through the Verde Valley, Prescott, Skull Valley, and more pine trees than even this Wisconsin native has ever seen. The aptly named Hidden Springs Ranch in Peeples Valley was our final lunch stop, after which we motored south to Phoenix to scrub off four days worth of SPF70 and Sports Car Market Photos courtesy willbrewster.com

Page 33

Stuart Shoen a.k.a “Ricky Bobby” with event organizer Kelly Whitton the associated road grit it attracts and rough it at the Ritz-Carlton with a lavish awards dinner. The Men's Art Council of the Phoenix Art Museum hosts the Copperstate, with proceeds benefitting the museum. Additionally, a silent auction held during the event donates 100% of its proceeds to the Arizona Department of Public Safety's Family Support Group, which helps families in times of need. The Copperstate folks also organized the second Race Car Showcase, to help the Wellness Community, which supports cancer patients and their families. Chairman Keith McLaine and countless MAC mem- bers and volunteers have gotten putting on this rally down pat. Between the variety and quality of cars, the like-minded enthusiasts, the excellent route, and the flawless support, it's much more than 1,000 miles and four days of the best seat time one could hope for in a vintage car. If you've ever considered doing a 1,000mile rally, I recommend signing up early for the 2010 event. You won't regret it. ♦ Copperstate SCMers Gordon & Janet Apker—Scottsdale, AZ 1966 Ferrari 275 GTB Michael & Deborah Barber—Larkspur, CO 1956 Ferrari 250 GT Boano John & Susan Barrett—Athens, GA 1972 Ferrari 365 GTB/4 Daytona John Boccardo & Bill Scheffler—Palm Springs, CA 1973 Maserati Bora Stephen & Camilla Brauer—St. Louis, MO 1966 Aston Martin DB6 Short Chassis Volante Harley & Colette Cluxton, III—Paradise Valley, AZ 1967 Ferrari 330 GTC Colin Comer & Cana Tinkle—River Hills, WI 1965 Shelby Cobra 427 Arthur & Nevada Cook—Pacific Palisades, CA 1962 Aston Martin DB4 Convertible Vantage Bruce Covill & Lucia Renshaw—Phoenix, AZ 1969 Jaguar XKE SII Convertible Robert & Nina Doede—LaJolla, CA 1962 Porsche 356B T-6 Roadster Patrick & Michelle Feltes—Scottsdale, AZ 1965 Chevrolet Corvette Convertible Laurie & Budd Florkiewicz—Scottsdale, AZ 1958 Mercedes-Benz 300SL Roadster Theodore Gildred & Chris Dugan—Solana Beach, CA 1956 Jaguar XKD-type Terry & Joyce Giles—Hartland, WI 1966 Chevrolet Corvette Convertible Martin & Audrey Gruss—New York, NY 1959 Ferrari 250 GT California Spyder Competition Michael Hammer & John Cummings—Los Angeles, CA 1966 Shelby Cobra 427 William & Marcy Hammerstein—Beverly Hills, CA 1958 Mercedes-Benz 300SL Roadster Donald & Barbara Kaitz—Paradise Valley, AZ 1967 Chevrolet Corvette Bill & Kay Kilpatrick—Paradise Valley, AZ 1965 Porsche 356C Cabriolet Ron Krolick & Daniel Rowen—New York, NY 1961 Alfa Romeo Giulietta Sprint Speciale Chris MacAllister & Bob Bishop—Indianapolis, IN 1966 Shelby Cobra 427 Rick & Amanda Mahrle—Paradise Valley, AZ 1969 Alfa Romeo 1750 Spider Andy Manganaro & Alex Ramage—Xenia, OH 1972 Fiat Dino Spyder Peter & Kacey McCoy—Beverly Hills, CA 1963 Ferrari 400 Superamerica Al & Sandi McEwan—Redmond, WA 1965 Lamborghini 3500 GTZ Zagato Bruce & Raylene Meyer—Beverly Hills, CA 1965 Shelby GT350 Shane & Karen Mustoe—Scottsdale, AZ 1968 Aston Martin DB6 Coupe Steve & Annie Norman—Edmonds, WA 1929 Bentley 4½-Liter Drophead Coupe Rick & Nancy Rome—Dallas, TX 1957 Jaguar Cozzi Special Stuart Shoen—Phoenix, AZ 1972 DeTomaso Pantera Robert & Sally Stockman—Palm Coast, FL 1965 Aston Martin DB5 Drophead David & Ginny Sydorick—Beverly Hills, CA 1961 Aston Martin DB4GT Zagato Jack Thomas & Curt Engler—St. Louis, MO 1956 Ferrari 250 GT Boano Jack & Loraine Thompson—Doylestown, PA 1968 Shelby GT350 Dwight & Candace Tyndall—Flossmoor, IL 1972 Ferrari 246 GT Dino 1961 DB4GT Zagato of David and Ginny Sydorick Bill Jacobs and John Cummings in diminutive 1952 Tojeiro MG sports racer September 2009 35

Page 34

Ferrari/Maserati Profile 2008 Maserati MC12 Corsa Built as an edition of only twelve examples, this was to be an exclusive model for use at Maserati-supported track days, similar to Ferrari's FXX program by Steve Ahlgrim Details Years produced: 2004–06 Number produced: 50 Stradale, 12 Corsa Original list price: $810,000 Stradale, $1,350,000 Corsa SCM Valuation: $950,000–$1,200,000 Tune-up cost: $3,000 Distributor cap: N/A Chassis number: ZAMDF44B000033561 T he MC12 marked Maserati's re-entry into the ultra-exclusive supercar market and international racing scene. A tangible symbol of Maserati engineering and a worthy descendant of the company's greatest racing machines, the MC12 was designed from the outset to conquer the FIA GT Championship. Thanks to its relationship with Ferrari, Maserati utilized the Enzo as a platform from which a total of 50 road-going MC12s would be built between 2004 and 2005 to meet homologation. Also borrowed from the Enzo was the 6.0-liter, 12-cylinder engine, which developed 630 hp. The MC12 boasted a 0 to 100 kph time of just 3.8 seconds and a top speed in excess of 205 mph. All this power was harnessed by Maserati's Cambiocorsa 6-speed transmission In 2006, Maserati elected to build a limited series of MC12s, developed directly from the MC12 GT1. Designated Versione Corse or simply Corsa, twelve fortunate clients were specifically chosen by Maserati to buy the cars and to drive them in track events specially organized by Maserati. As Edward Butler, one of Maserati's General Managers, stated, “The MC12 Corsa has been developed in response to the customer demand to own the MC12 racing car and fueled by the growth in track days, where owners can drive their cars at high speeds in the safety of a race track without the obvious constraints of normal road use. Without doubt the MC12 Corsa is the ultimate track day car!” The Maserati MC12 Corsa presented here is the last of the twelve examples built, finished in 2008, and is entirely new, never having left the Maserati factory in Modena, as the current and only owner never took delivery. Every element, both cosmetically and mechanically, is in brand new condition. SCM Analysis This car sold for $1,058,750, including buyer's premium, at RM's Ferrari Leggenda e Passione auction on May 17, 2009, in Maranello, Italy. 36 Appreciating the MC12 requires an understand- ing of the history of Maserati, which is founded on the Maserati brothers and their skill at building race cars. It is peppered with fascinating sidebars like an ill-fated deal with Argentinean dictator Juan Peron to trade wheat with the Italian government for Maserati machine tools, but racing is Maserati's core. The Maserati brothers entered the automobile business just after the turn of the 20th century, building Grand Prix cars for Diatto, an Italian automobile manufacturer. They capitalized on their success by starting an automobile company of their own. Their cars competed at the top levels of racing on most every continent on earth and they won. In their era, the Maserati brothers were racing royalty. The brothers subsequently sold the company to the Orsi family of Modena, who continued the racing tradition but with a focus toward selling production cars. As the Orsi's ownership passed to Citroën in the 1960s, and then on to DeTomaso, racing became a luxury Maserati could no longer afford. In the early 1990s, the Italian government made Fiat a deal it couldn't refuse, and the company became the new owner of Maserati. Fiat gave Ferrari full operating control of Maserati and out of the fire came the Phoenix. Under Luca di Montezemolo's skilled leadership, and backed by piles of Fiat's euros, new facilities were built, new cars were designed, and Maserati was reborn. As a way of saying “we're back,” a commitment was made for Maserati to return to racing. Enzo not designed for serious racing The intended purpose of the MC12 project was to build an FIA GT race car. The project was called MCC for Maserati Corse Competizione. The Enzo was designed for high-performance work but not for serious racing, so while the MCC started with an Enzo tub and powertrain, both required modification for racing applications. The secret weapon was to give the MCC the optimum surface for the aerodynamics engineers to 2004 Maserati MC12 Lot 102, s/n 016272 Condition 1 Sold at $576,000 Christie's, Le Mans, FRA, 7/8/2006 SCM# 42309 Sports Car Market Chassis #: By base of the passenger's seat Engine #: Middle of the V by oil filter Club: Maserati Club International, PO Box 1015 Mercer Island, WA 98040 More: www.maseratinet.com Alternatives: 2000–05 Saleen S7, 2005–06 Ferrari FXX, 1997–99 Mercedes CLK GTR SCM Investment Grade: B Comps 2005 Maserati MC12 Lot 260244943445, s/n ZAMDF44B000012103 Condition 1 Sold at $1,500,000 eBay Motors, 6/25/2008 SCM# 117035 2004 Maserati MC12 Lot 460, s/n ZAMBDF44B000012099 Condition 1- Sold at $1,072,500 RM, Monterey, CA, 8/18/2008 SCM# 42549 Photos: Tom Wood

Page 35

work with. Compared to the Enzo, the MCC is huge. It is 2.6 inches wider, 2.2 inches taller, has a 5.9-inch longer wheelbase, and is a massive 17.4 inches longer. The bulk adds up to an unfair advantage only an engineer could love, but it worked. When introduced to the public, the MCC was called the MC12 Versione Competizione or MC12 GT1. They have been raced by the factory and by privateers since 2004, with exceptional results. Through 2008, MC12s have won two manufacturer's cups and two driver's titles, with 15 victories and 32 podium finishes—and they're not done yet. The cars are still being raced today and still returning podium finishes. The FIA requires a minimum production run before a car is allowed to race. Maserati met that requirement by producing a street version of its competition car. The MC12 Stradale retained most of the specifications of the Competizione but was designed to meet the safety and comfort needs of a street car. Approximately 50 Stradales were produced, and all were quickly gobbled up by collectors around the world. A few have even made their way to the U.S. The MC12 Corsa sold at this auction was yet another member of the MC12 family. This model was designed for the private owner who wanted to experience the Versione Competizione but with more comfort than the full competition version. The Corsa is a serious rocketship, with 200 kph coming in just 6.4 seconds. It is derived from the MC12 GT1 rather than the Stradale. It is 407 lb lighter than the Stradale, with an additional 255 horsepower. Shocks are manually adjustable and data acquisition hardware is standard equipment. Built in an edition of only twelve examples, the Corsa is not homologated for street use, so you won't be driving it to the track; in fact, most owners will probably be leaving their Corsa at the factory, where it will be looked after and updated by the Factory R&D team and driven at Maserati-supported track days in a manner similar to Ferrari's FXX program. Weekends at the clubhouse could be lonely A friend who retired very young used to say there was no one to play golf with be- cause all his friends had to work. There's a strong parallel with these exclusive track cars. Plenty of people can afford them, but few have the time to play with them. Roger Penske has an FXX, but can you imagine the difficulty he would have putting together three days to play with the FXX at a China track day? Much of the value of these factory-backed programs is the membership in the private club. With only twelve members in the Corsa club, weekends at the clubhouse could be lonely. So was this a good buy or a good sale? On one hand, the buyer got entry into an exclusive club, both literally and figuratively. On the other, he's paying up to join. I don't see any short-term appreciation for the car, and at a million dollars, it would take a lot just to cover the holding cost. For the buyer, this is like a boat—the happiest day was buying it and the next happiest day is selling it. The seller paid approximately $1,350,000 for a car he never drove or put into his garage, and his net after commission is less than $1,000,000, a big hit on a car that has yet to provide him with any visceral pleasure. Chances are there was no upside to holding it longer and he smartly cut his losses. The values of MC12s will probably float in their current range, until they are replaced by the next “latest and greatest” model from Maserati. So on this auction day, the supply of one met the demand of one, and both parties did reasonably well. ♦ (Introductory description courtesy of RM Auctions. ) September 2009 37

Page 36

Sheehan Speaks Michael Sheehan Cautious Buyers Raising the Bar The net result was 33 emails in total, making for a 16-hour day answering questions about the bottom of a 47-year-old car the market, I've seen it undergo several permutations. Now, the digital revolution has really hit the market full force, and it's changing the ways cars are marketed—not just for me, but for everyone in this business. Last month I observed that the classic A Ferrari market has regained a level of stability and buyer interest. But while buyers have returned to the market, they have a whole new level of caution and many more questions. Perhaps this is because when prices are skyrocketing, you can overlook a $50,000 needed repair and it's no big deal. But when prices are stagnant, a large mechanical issue can change a fair deal into a crappy one. Great photos sell cars Selling Ferraris has always been a complicated enter- prise, but the demands of buyers today add many more steps to the process, all of which are required to effect a transaction. The following is a quick overview of what it takes to sell a Ferrari in the digital age. We (and any other dealer or broker) start with the photographs. All cars look best in front of a neutral-toelegant background with no other cars present. Such pictures are best taken in the “golden hour,” as the movie business calls it—the glowing sunlight of late afternoon. Alas, such locations do not come with a hoist or a convenient Ferrari mechanic, so our first photos are generally beauty-shots designed to elicit an emotional response from prospective buyers. The next step is marketing by email, which we send to those who have signed up for our newsletter. Details on any new-to-the-market Ferrari are sent directly to our subscribers, and the responses come in over the next few days. No lack of buyers For example, in early June, we sent an email offering 1962 Ferrari 250 GTE s/n 4069GTE, and had eleven responses over that week—fewer than expected, but enough to ensure the car would be sold. We had five responses from the U.S., two from Holland, and one response each from Canada, Mexico, France, and Australia. No lack of questions Every buyer had a list of questions, and almost all wanted “extra” photos. Both Dutch prospects wanted clear shots of the engine number, the numero interno, the transmission number, and the differential number, so that they were assured the car would comply with the Ferrari Classiche requirements. American, Canadian, 38 Elegant backround, good lighting s readers of SCM know, my day job is finding new homes for old Ferraris. Over the many years I've been involved with Australian, and Mexican buyers wanted photos that showed any damage and rust (or the lack thereof) on the lower body, belly pan, floor pan and exhaust. As you can see, real buyers are doing real research. We took the 250 GTE to Rod Drew's shop, Francorchamps America, Inc., and put it on a rack for an additional photo shoot to satisfy the requests for engine, transmission, and differential numbers, the numero interno, shots of the floor pans, exhaust, ad infinitum. We could not shoot the transmission number, as it was on top and hidden by the center console, so Drew's staff pulled the seats, the lower console, and the transmission cover to provide access to the numbers. Photos and more photos Next stop was to download the first set of “underneath” photos to verify they clearly showed the important numbers, plus the condition of the suspension, brakes, belly pan, etc. We then took more shots to verify that the seats, console, and transmission cover were removed. The car was kept in pieces until we confirmed the photos were what was required. And more emails To deal with specific inquiries from individual buyers, I picked the 18 best shots, grouping those photos into three categories. Set one was engine, transmission, and differential numbers. A second set showed the belly pan, floor pan, exhaust, main frame, and suspension. The third set showed the lower front and rear body, rocker panels, Borrani wire wheels, and XWX tires. Each photo had to be labeled, with captions that explained each of the various shots in the first, the second, and the third groups of photos. Each photo was sized to the 400kb to 600-kb resolution range, clear enough to show detail, yet small enough that each group of six photos could be sent together. The next task was to respond to individual questions from buyers and send a set of photos to the eleven interested clients, answering specific questions, plus providing extra shots. The theory was to provide not only answers to the various questions, but also to pre-provide answers to questions they had not yet asked (but probably would). The net result was three sets of individualized photos to eleven clients, or 33 emails in total, making for a 16-hour day answering questions about the bottom of a 47- yearold car. The good news was that over the next day we had three acceptable offers, but with only one car to sell, our 250 GTE was sold to the first offer, and after $100,000 changed hands, it was on its way to Holland. More buyers than expected Another example of the digital marketing process concerned 365 GTB/4 s/n 14229, a one-owner Daytona sold new in Seattle, and still with the original owner. Once with us, the Daytona was repainted and sorted. It was photographed, but again no underneath shots were taken. When the car was advertised, we had 24 inquiries, far more than expected, with 22 Americans, one Canadian, and one Dutch prospect. Acceptable offers were made and s/n 14229 was sent to pre-purchase, again to Rod Drew's shop. During the pre-purchase check, we found the shop that had done the first service had forgotten to replace the rear fuel filter, hidden behind the transaxle, and the carbs were slowly filing with crud. We had to have the carbs removed and cleaned, which took over a week with a wait for parts, and in that week our clients had lots of time to think of new questions. As a result of the ensuing requests, the entire lower body, frame, and suspension, were Sports Car Market

Page 37

Suspension, up close and personal photographed. We sent a generic six-photo email showing the exhaust, frame, and suspension to the more serious buyers. Multiple offers came in, and within a few days the Daytona went away at the full listing price, $259,500. And the moral of the story is… Actually, there are multiple morals to these stories. First, thanks to today's low prices, buyers are back, but they are ultra-cautious before parting with their hardearned money. Second, even after three decades of selling Ferraris, it's still hard to know what response a particular car will generate. Some are more popular and easier to sell than Yep, it's a wheel Underside details matter we thought they would be, while others are surprisingly difficult. Third, even though we strive to use only highly qualified shops, we still find they are run by humans who do make mistakes. After 30-plus years, we've learned that if we consistently encounter problems, we simply change shops, have the new one repair the mistakes of the previous shop, and move on. Last, there is a caveat to all this caution. If buyers get too busy asking questions, someone else may write the check while they are asking those questions. In fact, it seems like sometimes potential buyers keep asking questions just to keep themselves from making a final decision on a car. In the end, the first one to pay owns the car. Some things don't change. In any price range, it still takes the best car with the best documentation, best service history, best marketing and best price to sell quickly and at or near the asking price. Now we can add best photos and follow-up photos to that list. ♦ September 2009 39

Page 38

English Profile 1958 AC Ace Bristol Roadster The Ace retains a poise that's absent from its meatier derivative, offering high-geared steering, enough body roll to orient the driver, and a firm brake pedal by Paul Hardiman Details Years produced: 1956–62 Number produced: 466 Original list price: $5,649 (1959) SCM Valuation: $170,000–$240,000 Tune-up cost: $300 Distributor caps: $35–$100 Chassis #: Plate on scuttle, and stamped in engine mountings Engine #: Right side of block near starter Club: AC Owners' Club 8 Nether Way, Upper Poppleton York, YO26 6JQ More:www.acownersclub.co.uk Alternatives:1955 Austin-Healey 100S, 1950–53 Ferrari 166 Barchetta, 1954 Frazer-Nash Sebring SCM Investment rating: B Comps 1958 AC Ace Roadster Lot 618, s/n AE440 Condition 2 Chassis number: BEX406 and four seconds that season (in addition to placing 9th overall at the Goodwood Nine Hours). Lured into collaboration with the Thames Ditton I manufacturer by the promise of a £5 ($17.85) per car royalty fee (capped at £500, $1,785), Tojeiro ensured that the new model's ladder-framed tubular chassis enjoyed the same handling prowess as the original by equipping it with all-round independent transverse-leaf suspension. Styled after LOY 500 (itself modelled on the Carrozzeria Touring-clad Ferrari 166 MM Barchettas), the Ace was arguably even more handsome. Initially powered by AC's own 1,991-cc OHC engine (dating from 1922), the availability from February 1956 onwards of Bristol's tuneable 1,971-cc 6-cylinder unit gave the aluminium-bodied sports car a welcome boost in both sales and performance. Upgraded with Girling front disc brakes in 1957, Ace Bristols achieved considerable success at Le Mans: 1957—10th overall and 2nd in class; 1958—8th overall and 2nd in class; 1959—7th overall and 1st in class. They also dominated the Sports Car Club of America's production championship for classes E (1957–59), D (1960), and C (1961). 40 ntroduced in October 1953, the AC Ace was essentially a reworked version of LOY 500, the handsome John Tojeiro-designed sports racer with which motor trader Cliff Davis had notched up six wins BEX406 was exported new to Canada, and an ac- companying Province of Ontario Vehicle Permit shows that by the late 1980s, it belonged to RM Classic Car Investments Inc. of Chatham, Ontario. Purchased by specialist U.K. dealer Brian Classic, it underwent a professional conversion from left- to right-hand drive before entering current ownership in July 1991. Sparingly used over the last 18 years, it is understood to have covered a mere 6,000 miles since a major engine overhaul by TT Workshops of Westbury in 1992. As well as a reground/nitrided crankshaft and fresh liners, pistons, and valves, the straight-6 benefited from a new timing chain, oil pump, and camshaft bearings, etc. Other fettling has reportedly seen BEX 406 treated to a thorough brake system refurbishment (new rear drums, front discs, hoses, etc.), a replacement clutch master cylinder, an oil filter conversion, a new hood, and fresh radial tires. Largely standard, save for modifications to accommodate a taller driver (extended pedal box, rerouted throttle linkage, and exhaust manifold), the AC is understood to retain its original bodywork and Bristol 100D engine. Starting readily upon inspection and drawing many admiring glances on display at the VSCC's recent Oulton Park meeting, this desirable AC is offered for sale with an overdrive adaptor casting (plus notes on installation), Sold at $119,436 Bonhams, London, UK, 12/1/2008 SCM# 118719 1959 AC Ace Bristol Roadster Lot 518, s/n BE1059 Condition 3+ Sold at $210,813 Bonhams, Goodwood, UK, 7/11/2008 SCM# 117217 1957 AC Ace Bristol Roadster Lot 54, s/n BEX382 Condition 1Sold at $144,568 H&H, London, UK, 5/24/2006 SCM# 42274 Sports Car Market Photos: H&H Auctions

Page 39

originally fitted with 5.50-16 crossplies, and for a long while in the 1980s and '90s, all that would fit were taxi radials, unsuitably heavy and stiff of carcass. Happily, a wider choice of vintage and classic-style rubber has become available in recent years, and this car sits on some period-looking Avon Turbosteel radials that should give it grip (but not too much), along with the feel original Ace owners found such a revelation. The pedal blocks are included, presumably so the car can be fitted for a shorter driver, and the only absentee from the “desirable” roster is overdrive; with long gearing these are surprisingly good long-distance tourers, making them very accomplished all-rounders. But at least the adaptor is included. So what we have here isn't the cheapest Ace to have sold recently, but it is one of the nicest, most usable cars, with no immediate expenses, and the right-hand-drive conversion doesn't seem to have hurt its value. In my book that makes it a very shrewd long-term purchase, as you can't buy these on every street corner; owners tend to keep them a long time. You can bet that those for sale will all now be marked special cylinder head torquing spanner, detachable pedal blocks, an MoT certificate valid until February 2010, and historic class (free) road tax valid until March 2010. SCM Analysis This car sold for $195,437, including buyer's premium, at the H&H Auctions sale in Buxton, England, on June 10, 2009. This was the star lot, centered in front of the stage at the charming Octagon Theater in the Peak District spa town of Buxton. Aces have been creeping up in recent years, to the point when even the supposedly least desirable AC-engined cars tipped over the psychological £100,000 ($162,000) barrier a couple of years ago. Without the Ace to inspire him, remember, Carroll Shelby might have put his V8s in Healeys—and plenty of folks have done that. But would it have made such an emblematic Cobra? With a sale room half full of sports cars, intense Seat Time Elliott Hillback, Needham, MA: bidding lifted this car $30k over a fairly conservative prediction. Eventually it was bought on the telephone by a private U.K. collector who outbid two traders—a Brit on the phone and a Dutchman in the room. This Ace was about as nice as they get without being too concours. The body was very straight, the vulnerable corners—unprotected by the tiny over-riders (only U.S. Aces and Cobras seemed to get little nerf bars)—are in good shape. The doors fit well and the body was symmetrical and ripple-free, not always the case on Aces. A driver, not a car you're afraid to use The metallic blue paint was good and even, not over-shiny and with just enough tiny blemishes and imperfections to give it some character, keeping it firmly as a driver rather than a car you're afraid to take out. The leather was nicely supple and the top was new; the sidescreens were scruffy but perfectly usable. The chassis looked in good shape, and there were some welded repairs to the low-slung exhaust. The Bristol motor is an expensive unit, but this one was refreshed 6,000 miles ago by one of the U.K.'s leading specialists, so one might assume all is right with it. The Ace retains a lithe delicacy that is absent from its meatier, heavier-tired derivative, offering supertactile high-geared steering, enough body roll to orient you in its enormously adjustable envelope of poise, and a firm brake pedal, proudly embossed with the AC logo, which gives reassuring bite from the disc/drum setup. The right rubber is important here. Aces were September 2009 I have owned BEX487, a 1958 AC Bristol D2, since June 2007. The odometer reading read approximately 40,000 when I acquired the car, and I have put about 4,000 miles on it since. It's a fun car to drive; at only 1,920 lb, it is so agile and engaging. With 130 horsepower from the D2 engine (vs. 100 from the stock AC unit), it also accelerates nicely—under eight seconds 0 to 60 mph. The AC is a small machine with Hillback's AC at Watkins Glen absolutely no frills; for example, the doors are just a single thickness of alloy with some thin carpeting glued to the inside and a leather thong pull. Rain or shine, I have never driven it with the top attached. The sound, the heat, the wind, the intimate connection with the road, are all part of the special rush this car provides. The only modification is an auxiliary electric cooling fan controlled by a hidden switch in the cockpit to help avoid overheating if caught in slow traffic on a warm day. So while it is not as powerful as the Cobra into which it later morphed, it is at least as much fun to play in, and it really exemplifies what early post-war British sports cars were all about. The AC has a unique “experience it all and let it all hang out” character that gives it a special place among the other, perhaps more noteworthy cars in my small collection: a '54 Bentley R Continental, '55 Gullwing, '63 Aston DB4C, and '67 275 GTB/4. Terry Healy, Queensland, AUS: I restored two AC Bristols—BEX260 and BEX312—a few years ago and found them to be superb touring cars. They're very nimble and probably one of Britain's finest all around sports cars—a sort of modern Bugatti T35. I sold the BEX260 late in 2008, and it is fair to say there was little to dislike. Healy's BEX260 up to $195k; there's currently an Ace on the U.K. market that started as an Aceca and has an asking price of almost $220k. As we go to press, H&H has a much rarer Fordengined car slated for its July 22 sale. A comparision will be interesting. As we Brits never tire of saying, this is the thinking man's Cobra. And this one was thoughtfully bought. ♦ (Introductory description courtesy of H&H.) 41

Page 40

Etceterini & Friends Profile 1970 Alfa GTA 1300 Junior Photos make it clear this is no historic relic, but rather a current weapon of mass destruction by Donald Osborne Details Years produced: 1968–75 Number produced: 470; approx. 300 Autodelta modified Original list price: $7,200 (Corsa w/carburetors) SCM Valuation: $80,000–$115,000 (Stradale & Corsa) Tune-up cost: $400 Distributor caps: $200 Chassis #: Engine bulkhead Engine #: Intake side of engine, near front Club: AROC PO Box 12340 Kansas City, MO 64116-0340 More: www.aroc-usa.org Alternatives: 1960–62 Alfa Giulietta SZ, 1970 Porsche 911S, 1964–66 Mini Cooper S 1275 SCM Investment Grade: B (Stradale), A (Corsa) Comps Chassis number: 775984 I ntroduced in 1966, the GTA (the “A” stood for alleggerita, or lightened) was the official competition version of the Giulia Sprint GT. The model was produced in road and race variants, the latter, as usual, being the responsibility of Autodelta. Almost indistinguishable from the road-going Sprint GT, the GTA differed by virtue of its aluminum body panels, Plexiglas side and rear windows, and lightened interior fittings and trim. As a result, the GTA tipped the scales at around 450 lb lighter than the stock steel-bodied car. Alfa's classic twin-cam 1,570-cc 4-cylinder under- went extensive modification for the GTA. In road trim, the revised engine produced 115 hp, with up to 170 horsepower available in race tune. The GTA made its racing debut on March 20, 1966, at Monza, with Andrea de Adamich and Teodoro Zeccoli triumphing in the Jolly Club Four-Hour Race. From then on the Autodeltaprepared GTAs enjoyed outstanding success, winning the European Touring Car Championship three years running, from 1966 to '68. The Championship's 1,300-cc class had long been the preserve of the Mini Cooper, but that would all change in 1968 with the arrival of the GTA 1300 Junior, which for the next few years enjoyed dominance equal to that of the Mini in the early '60s. Unique to the model, the GTA 1300 Junior's engine combined the Giulia's 78- 42 mm bore with a 67.5-mm-stroke crankshaft. Equipped with the GTA's twin-plug head and revving to more than 9,000 rpm, this little gem of an engine produced 150 hp-plus. Just over 400 GTA 1300 Juniors had been constructed when production ceased in 1975. Entered by Scuderia Pegaso, the GTA 1300 offered here competed in the 1970 Targa Florio driven by its owner, Paolo de Luca, and Giuseppe Vassallo, completing four of the ten laps before retiring. This car went on to achieve numerous class victories in Italian national events in period, as recorded by its competition record on file, and is offered with its original Italian title of ownership ready for export. De Luca owned the GTA until 1971. The vendor's father bought the car from Fabrizio Violati in 1988, and when it was sold in 1990, the sticker from the 1970 Targa Florio (since removed) was still in place. A recent participant in the Tour of Spain (2005), the car is presented in very good condition, having been fully serviced earlier this year. SCM Analysis This car sold for $93,150, including buyer's premium, at the Bonhams Les Grandes Marques à Monaco sale, held May 18, 2009. The three Alfa GTA models have long been a curious case in the sports GT collecting world. The GTA, 1967 Alfa Romeo GTA Lot S174, s/n 613883 Condition 2 Sold at $93,500 Russo and Steele, Monterey, CA, 8/20/2005 SCM# 39054 1965 Alfa Romeo GTA Lot 57, s/n AR613886 Condition 3Sold at $88,125 Christie's, Monterey, CA, 8/13/2005 SCM# 38851 1967 Alfa Romeo GTA Lot 216, s/n 00502A18885 Condition 2+ Sold at $92,736 Bonhams, Monte Carlo, MCO, 5/10/2005 SCM# 38564 Sports Car Market Photos: Bonhams

Page 41

GTA Junior, and GTAm all have a prodigious racing history, driven to class and sometimes overall wins by pilots both famous and amateur on many continents. They're best known here in the U.S. from the glory days of TransAm racing, but they were also quite successful in European touring car events. The GTA Junior was created to run in the 1,300-cc class rather than the 2-liter class, which was far more competitive. As expected, the Juniors showed a clean pair of heels to the Mini Coopers, which had dominated the lower class. The problem today is that in modern vintage racing, the expensive lightened panels and fancy twin-plug ignition of the GTA are no match for an off-the-street GTV with modern chassis technology, fiberglass or carbon fiber body parts, and a breathedon 2-liter engine, which looks like a 1600 or 1300 but has the power and torque a GTA could only dream of. So you're faced with basking in the originality and correctness of your six-figure car while being blown into the weeds lap after lap by a rebuilt $15,000 GTV. That's okay—we know you're reading SCM because you're a purist at heart. Autodelta variants had significant price differential There are three distinct classes of GTA Juniors. Of the more than 400 built, 300 were modified as competition cars in the workshops of Autodelta, Alfa's official race preparation department. Of those, 100 were fitted with SPICA fuel injection. They produced 110 hp, 160 hp, and 165 hp, respectively, and there was a substantial price Seat Time Philip Kantor, Kantor's GTA International Director Business Development, Bonhams, Brussels, BEL: I used to own a GTA in its original white livery. It's a great looking car but quite boring to drive in standard stradale trim, with very little torque and little power in the rev band when the engine is not race tuned. These really were only homologation specials, allowing the factory to produce and compete in their fully prepared Autodelta cars. It's fine for concours, but I would not recommend this as a driver's car; I have kept my very early 1965 alloy-floor 1600 GTA, s/n 613075, which is a different world when it comes to fun. Colin Cohen, Southlake, TX: I owned a GTA Junior in South Africa in 1970. I think they were released there at the same time as the U.K., but it was assembled locally. I was the second owner and acquired it from a friend at 1,200 km, if I recall correctly. There were actually two models of this car—the stock version and one that was breathed on by Autodelta. In any event, both had the 4-valve cylinder head and mine had the twin-plug version. I think it had about 125 hp, which in those days was almost the same as our version of the 1750 GTV. It was a wonderful, willing, and relatively economic car and a fun everyday driver. I had a need at the time to travel the 850 miles between Johannesburg and Cape Town and would usually depart at 2 am. On two occasions I recall being at my destination by 2 pm. Do the math. Once you got the revs over 5,000, it would stay there all day. With little torque, it was no stoplight racer, and many a Cortina GT or Datsun SSS could see me off. But point to point on an open road, its speed was comparable with many of the supercars of the era because (a) you didn't have to stop for gas as often and (b) given the local population's propensity to ignore the center line, you had to slow down ahead of any blind rise or corner. I came from an Alfa family and we had been educated in the apparently unnecessary requirement to warm up the motor before driving it. So I religiously started it every morning using the choke and hand throttle and went about my business for 15 or 20 minutes before departing. I never had a problem with it but for one niggling item: the speedo cable would disengage itself from the back of the instrument. Despite new cables, I was never able to totally eliminate the problem. And the Dunlop SP49 tires were not up to the performance of the car. I sold it to a guy who wrote it off in the first week! September 2009 differential among them, with the Autodelta competition cars costing approximately $7,200 and $10,997, against the factory “stradales” at $3,656. As most stradales were modified later for competition of one sort or another, that differential hasn't continued today, with all GTA Juniors trading in a narrow range. Compared to the GTA 1600, which has more torque and lower gearing, the GTA Junior is a rather different driving experience. Off the line it's not much, but if you keep it the powerband, it's sweetly manageable. By avoiding the brakes and going for momentum on twisty roads and circuits, you can lessen rowing through the gears, which the larger-engined car might encourage through more point and squirt driving. Looking at the photo of the interior of the car here, it's clear that this is no historic relic, but rather a current weapon of mass destruction. Modern racing seats and contemporary instruments fitted into the stripped dash panel indicate it has been thoroughly prepared for European events such as the Tour de España it ran in 2005. Why remove the 1970 Targa Florio sticker? There seems to be a gap in the provenance here, and the historical record doesn't directly support the auction catalog description, but perhaps the original Italian title of ownership mentioned fills that in. For instance, period photos of de Luca in a GTA at the Targa Florio show a car with wide fenders, not the narrow fenders on the car today; we don't find any mention of body panel replacement during restoration. Sadly, the 1970 Targa Florio sticker has been removed from the car, so we're missing another point of historical reference. Records of the 1970 and 1971 Targa Florio show an entry by de Luca and Vassallo, but list them as running in 1.6-liter cars. All together it seems to suggest that while this chassis may have been raced in period, it may also have been delivered as a stradale. For vehicles such as this, an unbroken chain of ownership is worth its weight in gold. Even if the paperwork doesn't quite line up, it still appears to be a well-prepared Alfa GT that has run at least one fairly recent major event. The price paid is in line with that of a clean stradale, so perhaps no harm was done, but especially in the current market, you can never have too much information. ♦ (Introductory description courtesy of Bonhams.) 43

Page 42

German Profile 1963 Porsche 356 Carrera 2 Cabriolet The Carrera was intended for high-speed touring, a fast, exclusive car built for hops from Paris to Monaco with a wife or lover—your choice by Alex Finigan Details Years produced: 1962–65 Number produced: Fewer than 30 Original list price: $8,000 SCM Valuation: $300,000–$500,000 Tune-up cost: $2,500 Distributor cap: $500–$1,000 Chassis #: On bulkhead in front of gas tank; plate on left front door jamb Engine #: On pad on left side of engine case above the crank pulley Club: 356 Registry; Porsche Club of America More: www.356registry.com; www.pca.org Alternatives: 1961–66 Jaguar XKE, 1958–62 Aston Martin DB4, 1955–59 Bentley S1 Continental SCM Investment Grade: A Comps Chassis number: 157977 Engine number: P97221 T he evocative “Carrera” name first graced the flanks of a Porsche in 1955. Applied to a 356A powered by a slightly less ferocious version of the racing 550 Spyder's 1.5-liter, twin-overhead-camshaft, roller-bearing engine, it had been adopted to capitalize on Porsche's victories in the Carrera PanAmericana in 1952 and '54. Dry-sumped like the racer's, the 4-cam Carrera en- gine produced 100 hp, some ten horsepower less than in race trim. Nevertheless, this was good enough to propel the 356 Carrera to over 120 mph, making it the fastest 1.5-liter production car of its day and a formidable racetrack competitor. Significant developments included a capacity increase to 1.6 liters in 1958 and the adoption of a plain-bearing crankshaft at the same time. Introduced in the autumn of 1961 at the Frankfurt Auto Show, the 2-liter Carrera 2 became the first Porsche production car to have disc brakes. Numerous additional cooling vents were among the recently introduced improvements, but most attention was focused on the new 1,966-cc 4-cam engine. This produced 130 hp at 6,200 rpm, and while the Carrera's top speed increased only slightly to around 125 mph, there was a marked improvement in acceleration despite the newcomer's greater weight; the 0 to 100 mph time was cut from 33.5 seconds to 27.2. The Carrera 2 had been introduced part way through 356B production, and it continued virtually unchanged after the 356C's arrival in 1963. “The car's acceleration is truly exhilarating,” enthused Road & Track magazine. “The clutch takes 44 quite a bit of throttle without protest, and when one finds that it is time for 2nd gear, down comes the stick in a flick, more acceleration, and other cars pass as in reverse. High up in the speed range this is it—the effortless superiority of the true high-performance machine.” It's a sensation that even at legal road speeds this cataloger can endorse wholeheartedly with this example, a good, straight, original car that feels tight and together, while all the time itching to go faster and test its cornering abilities. Delivered new in 1963, it is understood that this car has had just two previous owners: The first was a Dr. Breidenbach of Oakland, CA, and according to a copy of its DC Title, the last owner purchased the Carrera 2 on May 11, 1976. The odometer states a figure of approximately 81,000 km, which seems to be substantiated by various notes of mileages at points in its life. At some point in its lifetime, we believe 15–20 years ago, the car underwent a thorough cosmetic restoration, at which point it was painted the current period dark gray color. The interior was redone in the 1970s and now shows some age but no damage in any way. Unusually, the Porsche still retains features such as its original heater system, and although it is no longer operational, it is nevertheless a nice period detail and provides a good gauge of the originality/authenticity of the car in general. The car has recently been fully serviced, with a clean bill of health and compression and leakdown tests returning perfect results. 1963 Porsche 356 Carrera 2 Coupe Lot 223, s/n 122557 Condition 1- Not sold at $240,000 Bonhams, Monaco, MCO, 5/18/2009 SCM# 120538 1963 Porsche 356 Carrera 2 Cabriolet Lot 25, s/n 122210 Condition 1 Sold at $208,869 Artcurial, Paris, FRA, 2/19/2007 SCM# 44561 1959 Porsche 356 Carrera GT Lot 24, s/n 84954 Condition 3+ Sold at $345,000 Christie's, Monterey, CA, 8/17/2006 SCM# 42495 Sports Car Market Photos: Bonhams

Page 43

SCM Analysis This car sold for $381,000, including buyer's premium, at the Bonhams auc- tion in Greenwich, Connecticut, on June 7, 2009. By the mid 1960s, Porsche had seen the handwriting on the wall as far as the 356 was concerned, and was concentrating on its new rising star, the 911. But it had one last trick left for its workhorse 356. Engine took nearly 100 hours to assemble The Fuhrmann-designed Carrera 4-cam engine, Type 587/1, with 130 hp, was very complex, and it took an experienced factory mechanic using brand new parts nearly 100 hours to assemble. This was an expensive venture for any car company, let alone one as small as Porsche. The 356B Carrera 2 Cabriolet cost around $8,000, almost twice the cost of a similar pushrod-engined Cabriolet, by far the most expensive road car Porsche had ever produced, and probably the most costly to build. As a comparison, a new Cadillac Eldorado convertible cost just over $6,000. Obviously, this was a hard car to sell at those numbers, which accounts for its scarcity and exclusivity today. Although this same engine in modified form was used in the Abarth Carrera and the 904, the Cabriolet was intended for high-speed touring. Touring in this sense meant a fast, exclusive car built for short hops from, say, Paris to Monaco with a wife or lover—your choice. The cars were usually heavily optioned with accessories such as fitted luggage, and head rests, so your passenger could rest his/her head while you drove. It had nothing to do with safety. It was all about style, and the Carrera 2 Cab fit that bill to a T. It was assembled with typical Porsche attention to detail. Full leather interiors, a padded soft top, wooden steering wheel, extra insulation, and Blaupunkt radios were the norm in most Carreras. These were fast, quiet cars able to clip off hundreds of miles a day in comfort. Mechanical condition is the key to a Carrera The Carrera badge signaled to those in the know that you were part of a very exclusive club—the pinnacle of 356 development. The new 911 would have similar horsepower, as well as independent suspension, but some purists would argue this was “not the soul of the 356.” Some people never made the change, and you can find staunch advocates for both sides even today. I had the opportunity to go over this car very closely while it was at the well-known Porsche shop Autosport Designs on Long Island. On most 356s, my best advice to buyers is to find the one in the best structural condition, and be less concerned about the mechanics. The Carreras may be the exception to that rule. New engine parts are impossible to come by, the handful of knowledgeable mechanics with required factory tools are few and far between, and they are overloaded with work. Comes with everything you see here!!! Joe Hayes, Chicago, IL: I have had my 1964 356C Carrera 2 Sunroof Coupe for about two years, and while I haven't driven it extensively, I have used it enough to get a good feel for it. I purchased the car from European Collectibles of California, and it is one of the few cars that actually started and ran correctly when it arrived. The sunroof added a bit to the price, but as it turned out, since I'm 6'4”, I needed a couple more inches in the roof area anyway and the open roof helped out. It has typical Porsche handling for the mid-1960s, which means it is better than any American car of the period. The motor pulls normally at lower rpm and then pulls really well from 3,000 to 6,000. However, the car still only has 130 horsepower, so if your other car is a GT3, you will not be overwhelmed by the power. The seats are wide and comfortable but very springy, and of course the car tends to drool and puddle everywhere it goes. On the plus side, it is very reliable, always starts and stays in tune over the winter. I would buy it again; it is a keeper. September 2009 45 Whoever set this car up knew what he was doing. It started easily, didn't smoke, and had that great Carrera “grunt” they're known for when they come on the cam. It drove very well, and looked sensational in that period Slate Gray I love. The body was rust free, and although the cosmetics were older, it had an honest feel to it. I understand it's going back to a collection in Germany. I recently sold a restored version of this car that drove similarly, but had better paint and interior, for a lot more money. I think the buyer got a very rare automobile at a fair price, and I'd call this well bought. ♦ (Introductory description courtesy of Bonhams.) Seat Time

Page 44

American Profile 1969 Dodge Charger Daytona vs. 1970 Plymouth Hemi Superbird In 2007, these cars would have cost nearly twice as much, but they are still priced above five years ago. Hemi magic still outweighs Daytona's rarity by Colin Comer Details 1969 DODGE DAYTONA Year produced: 1969 Number produced: 503 SCM Valuation: $150,000–$600,000 Original list price: $3,993 Tune-up cost: $150 Distributor cap: $12 Chassis #: Top of driver's side dashboard Engine #: Stamped in passenger's side front of block above oil pan rail Clubs: Daytona/Superbird Club 13717 W. Green Meadow Dr. New Berlin, WI 53151 More: www.superbirdclub.com Alternatives: 1968–70 Shelby GT500; 1970–71 Dodge Hemi 'Cuda; 1969–70 Ford Mustang Boss 429 SCM Investment Grade: A (Hemi); B (440) Comps only Daytonas, with 503 produced, are more desirable than the 1970-only Superbird (with 1,935 produced), but what if a 440-powered Daytona faced off against a 426 Hemi 'Bird, at least in terms of current values? The 2009 Mecum Spring Classic Auction gave us that scenario. Here's what the auction company catalog had to say about the two cars: I Lot S150: 1969 Dodge Charger Daytona Chassis number: XX29L9B400581 Only 503 Daytonas were built, so every one is a rar- ity, especially this unrestored Bright Green Metallic 440 Magnum 4-speed. Of the 503 Daytonas, 70 were powered by the 426-ci/425-hp Hemi and 433 outfitted with the 375-horsepower 440 Magnum V8. The car offered here is one of only 139 440/4-speed manual transmission cars. It is, more importantly, in exceptional original and unrestored condition throughout. It received a careful professional repaint in the late 1970s to remedy the substandard finish that was gen- 46 t's a long time since any Dodge Daytona or Plymouth Superbird raced on the high banks in NASCAR competition, but they routinely fly across auction blocks these days. There's no question the 1969- erally a feature of Creative Industries' work in converting the Charger to Daytona specs. At the same time, the door jambs and trunk were left unchanged to preserve as much of the car's originality as possible. The finish remains outstanding, with a wonderful patina. The body of this Daytona has never seen damage of any kind. The trunk is undisturbed to the extent that the internal wing supports still hold the liner down, and both jacks remain in place. The car retains its entire factoryinstalled matching-numbers drivetrain; glass, trim, wheels, chrome and all other hardware are original. The deluxe bucket seat interior is showroom fresh and has remained completely unmolested throughout the car's life, except for routine cleaning and detailing. Accompanied by complete owner history and the original factory broadcast sheet, it is in need of nothing but a caring new steward. 1970 Plymouth Superbird Lot 246, s/n RM34U0A167140 Condition 3Sold at $110,000 RM, Rochester, MI, 8/2/2008 SCM# 117389 1970 Plymouth Hemi Superbird Lot 1010, s/n RM23R40162284 Condition 2Sold at $307,000 Barrett-Jackson, Scottsdale AZ, 1/28/2005 SCM# 36953 1969 Dodge Charger Daytona Lot S122, s/n XX23L9B390024 Condition 1Sold at $150,150 Mecum, St. Charles, IL, 10/3/2008 SCM# 117960 Sports Car Market Photos: Mecum

Page 45

Details 1970 PLYMOUTH SUPERBIRD Year produced: 1970 Number produced: 1,935 SCM Valuation: $85,000–$300,000 Original list price: $4,298 Tune-up cost: $150 Distributor cap: $12 Chassis #: Top of driver's side dashboard Engine #: Stamped in passenger's side front of block above oil pan rail Clubs: Daytona/Superbird Club 13717 W. Green Meadow Dr. New Berlin, WI 5315 More: www.superbirdclub.com Alternatives: 1968–70 Shelby GT500; 1970–71 Dodge Hemi Challenger; 1969–70 Ford Mustang Boss 429 SCM Investment Grade: B Lot S180.1: 1970 Plymouth Superbird Chassis number: RM23ROA170172 Plymouth acolytes bristled when Dodge introduced the winged Daytona in 1969, and with high-profile racers like Richard Petty signaling their desire for a similar weapon, Plymouth responded with the Superbird. Two 440 engines and the 426 Hemi were available. This Superbird is one of just 58 Hemi 4-speeds. Finished in Alpine White with a black vinyl roof and black interior, it has 16,342 actual miles and ranks as one of the finest restored Superbirds in existence. Awards include OE Silver Certification at the 2002 Mopar Nationals, where it was also awarded the highly coveted “Big Daddy's Choice” award by drag racing legend “Big Daddy” Don Garlits. In 2003, it was voted “Best Muscle Car” at the Amelia Island Concours d'Elegance, signifying this car's status as possibly the finest restored Plymouth Superbird in the world. SCM Analysis The 1969 Dodge Daytona sold for $159,000, and the 1970 Plymouth Hemi Superbird sold for $318,000, both including buyer's premium, at Mecum's Original Spring Classic Auction in Indianapolis, Indiana, on May 16, 2009. So what do these two sales illustrate? First, they show that the Mopar market is perhaps the most wounded in the entire muscle car world. As they say, the bigger they are, the harder they fall. Mopar muscle values led the run-up in the market by a wide margin, especially anything that had that four-letter word on it: HEMI. Two years ago, both of these cars would have cost nearly twice as much, but they are still priced above what they were five years ago. Case in point, I actually used to own this Daytona, lot S150. I purchased it in 2006 for $215k, and sold it to the Mecum consignor for $225k a few days after I bought it. By 2007, it was worth perhaps $250k, and by late 2008, it had slid down the slippery slope of decreased value along with our economy at large. The good news today is that the market seems to have settled to a point where sellers are willing to take what buyers are offering, and deals are happening again. So how about the fact that the Hemi 'Bird was exactly twice as much as the 440-powered Daytona? It shows that the Hemi mystique (and low production numbers) still outweighs the Daytona vs. Superbird difference in value. September 2009 47 The real numbers to ponder here are those of production totals: 503 Daytonas vs. 1,935 Superbirds. Had the 'Bird had the base 440 engine with a 4-speed, matching the Daytona's powertrain, I suspect it would have sold for $85k–$100k. One point worth noting on lot S180.1 is that no mention is made of it having its original engine, drivetrain, or even body panels. And while they do mention 16k miles, none of that is really much of a factor once a car is restored. Also, while an OE Silver award is a huge achievement, it is not a Gold level award, meaning the judges found something not to their liking—all just nits to pick, but at $318k one has the right to do so. You have to wonder... had this 'Bird been an unrestored car with its original drivetrain, what might the result have been? I think the tide is finally turning, and original cars, even if suitably scruffy, are bringing a premium in what has been a sea of very shiny trailer queens. In the end, at $318k, I still say that for one of the 58 Hemi 4-speed Superbirds, this was a smart buy and represents a great discount for someone who wanted to add one to his collection and waited to do so. Which brings us to S150, the scruffy Daytona. Other than the 32-year-old repaint, this was a very nice, original car, right down to the “Hush Thrush” speed-shop mufflers somebody clamped in place during the Carter years. People talk about “honest” cars, and this was one of them. All of the parts it left the factory with were still there, and that is an important aspect with Daytonas, as many parts are unique. At $159k, the buyer got a great car for the money, although doing a restoration would not only destroy what is special about this car, it would also be financial suicide. So the big question here is what would lot S150 have been worth had it been one of the 22 Hemi 4-speed Daytonas produced, all else being equal? I'd say about $500k–$600k, which is roughly twice what S180.1 sold for, and about half of the highest priced 4-speed Hemi Daytona sold since 2005. Hemi or 440—no matter your favorite source of propulsion for one of these winged warriors, there is no question now is a pretty decent time to buy. Personally, I like the idea of a one-of-139 4-speed, 440-powered Daytona, just for the more pleasing aesthetics, nicer (Charger) interior, and lower total production number. And if you are afraid of “shrinkage” at the local cruise night when a Hemi version shows up, just don't open your hood. ♦

Page 46

Race Car Profile 1990 Ferrari F40 LM Competition Berlinetta If you want to have the meanest, baddest, highest-horsepower stallion allowed in the Ferrari Historic paddock, here it is by Thor Thorson Details Years produced: 1990 (LM variant) Number produced: 19 Original list price: $650,000 approx., depending on who you knew SCM Valuation: $950,000–$1,400,000 Cost per hour to race: $1,500 Chassis #: Right upper frame above shock mount Engine #: Front of block behind water pump, center of V Club: Ferrari Owners Club, 19051 Goldenwest St. Suite 106-328 Huntington Beach, CA 92648 More: www.ferrariownersclub.org Alternatives: 1994–96 Ferrari 512 M, 1979–80 Ferrari 512 BBLM, 1971–73 Ferrari 365 GTB/4C Competition Daytona SCM Investment Grade: B to employ cutting-edge technology. The F40 was good, sound, basic design, with a superb twin-turbocharged engine, aerodynamics heavily weighted toward downforce and stability, and generous use of lightweight composite materials. There was no ABS, no traction control, no electro-hydraulic paddle shifting, and no stability control. With a 201 mph top speed and 0 to 60 mph in less than four seconds, no one was disappointed with the F40. Ferrari proposed only a limited run of 400 or so F40s, but the model's reception was overwhelming, even at over $250,000 apiece, and the run kept growing until 1,315 were built by the time production ended in 1991. Competition was not in Ferrari's original plan for T the F40, but Daniel Marin, managing director of French Ferrari importer Charles Pozzi SA, took the initiative and authorized Michelotto, the famed Padova Ferrari service center, to construct a series of F40 LMs for racing under IMSA rules in the U.S. Just 19 were built, although only the first two, destined for Pozzi, were actually raced to any significant extent. Do not confuse this F40 LM with a “plain vanilla” customer version. Chassis 79891 is the second of the two Pozzi F40 LMs. Records show it was completed by Michelotto on January 16, 1990. Although it was raced in North America that season by Pozzi under the Ferrari-France banner along with its sister, chassis 79890, it remained under Ferrari's ownership and wasn't formally delivered to Pozzi until January 1991. As a factory-backed development car, it benefits from a series of enhancements and upgrades, including titanium connecting rods and 9:1 compression pistons, giving its twin-turbocharged, intercooled engine a breathtaking 48 he F40 was a simple machine that, like the greatest Ferraris of the past, relied upon its engine for its performance. Suspension and layout were conventional, and there were no serious attempts 850 horsepower at 7,500 rpm. That translates to a top speed of 228 mph. Ferrari F40 LM 79891 was retained by Ch. Pozzi SA until its present owner was able to acquire it in 2003. Throughout its life, 79891 has been carefully and consistently maintained in as-raced condition. It retains its original F120B engine (number 02), was certified authentic by Ferrari Classiche in March 2007, and has its FIA identity papers. It is eligible for, and competitive in, a variety of historic and Ferrari events, and its status as one of the original run of factory-built Ferrari F40 LMs means it is one of very few of these exciting automobiles that will ever be eligible for Ferrari Classiche certification and, as of the 2009 race season, participation in the Ferrari-Maserati Challenge series, where it should shine. SCM Analysis This car sold for $1,302,075, including buyer's premium, at the Bonhams Les Grandes Marques à Monaco auction on May 18, 2009. Racing cars are fast—that's part of the definition of the genre. That said, “fast” is an entirely relative term. A supercharged Austin special from the '30s might be fast for what it is (not to mention being cute as a bug) but a real slug compared to cars we're used to today, like your wife's minivan. This Ferrari is most emphatically the other extreme. When Ferrari conceived of the F40, the object was that it should be the fastest production car on the planet, period. They were successful. In an era of rapidly accelerating sophistication and complexity, the F40 was classic Ferrari—an excellent chassis and suspension package with a functional body pushed along by ridiculous quantities of horsepower. It was intentionally simple and light, with none of the electronic “please save me” gizmos that make modern supercars surviv- Comps 1990 Ferrari F40 LM Comp Lot 313, s/n ZFFGX34X0L0088513 Condition 1- Not sold at $1,392,750 RM, Maranello, ITA, 5/18/2008 SCM# 116732 1989 Ferrari F40 Valeo Lot 330, s/n 79883 Condition 1Sold at $646,855 RM Maranello, ITA, 5/18/2008 SCM# 116787 1991 Ferrari F40 Lot 236, s/n ZFFGJ34B000088835 Condition 2 Sold at $393,250 RM, Maranello, ITA, 5/17/2009 SCM# 120576 Sports Car Market Photos: Bonhams

Page 47

able for driving by merely competent owners. It was a device designed to deliver unfettered power—horse, braking, and cornering—to the road and made no concessions to an inadequate driver. If not very carefully controlled it could and did bite back, hard. It was, to put it simply, the last of the true “race cars for the street” Ferrari produced. The ultimate bad boy's street toy This is ironic, because the F40 was never intended for racing, at least not the formal and organized sort. It was an ultimate bad boy's street toy, built to celebrate 40 years of Ferrari having built exactly that, and the days of seriously racing street toys were over, at least in Europe. In the U.S., though, the International Motor Sports Association (IMSA) had a successful racing series for cars that had started out as (or at least looked pretty much like cars that had started out as) big-noise performance street machines. The cars were called IMSA GTO and ran as a sup- port series to the premier GTP championship races. It seemed like an excellent place to prove Ferrari's supercar, so the factory decided to have Michelotto modify a series of F40s to qualify for entry, designated F40 LM. Though apparently 19 were converted, only two actually raced in the series. To be honest, they weren't particularly successful; the competition from Audi, Nissan, and Mazda was formidable, and the one season they raced was mostly spent learning how to get faster. It is important to note here that these two cars were campaigned by Ferrari France (Pozzi) but were owned by the factory until after the season ended. Technically, this means that all of the racing modifications made during the season were done by the factory, not a private owner. After the season the cars were sold to Pozzi and stayed there, this one eventually making it to private ownership. There is an essential disconnect associated with the F40. As a street car, it is so violently powerful that most people treat it (rightly so) with the respect and trepidation accorded a fully loaded Uzi with the safety disabled. Mike Sheehan's comment sums it up perfectly: “A great car makes a bad driver look good. The F40 makes a good driver look busy and a bad driver look foolish, as he climbs out of the smoking wreckage.” This means that the only real place for it is on the track. At the track, though, there's not much to do with it. It's too new for most venues of historic racing, plus only a couple of them were ever really racing cars, so for the most part F40s are limited to club lapping days and other low-profile, low-status events. The F40 would be the ultimate padded codpiece As such, they seem to have a relatively established value in the $400,000 range. It is a Ferrari, though, and there are some high-status events, specifically the FerrariMaserati Historic Challenge series, for which, if it were acceptable, the F40 would be the ultimate padded codpiece. I'm told that either this year or next, the F40 LM will be allowed to participate in these events, but there's a catch: All cars are required to have Ferrari Classiche Certification to enter, and the certification requires that the car be in the “exact configuration as when it left the factory.” There are only two F40 LMs in the world that “left the factory” with a full season's worth of racing modifications, which I understand to include at least several hundred horsepower. This brings the story back full circle to this car. It sold for at least three times what an “ordinary” F40 is likely worth, but you can use it in ways the others can only dream about. If you want to have the meanest, baddest, highest-horsepower stallion allowed in the Ferrari Historic paddock, here it is, and it's about the only one. Comparable values are not street F40s, but the 512 Ms, BBLMs, and competition Daytonas it can go share the stage with. If someone seriously wants to play in this league, particularly at the pointy end of the fast grid, this is what it costs to do it. I'd say fair money if you can afford to play and are a good enough driver to hang on to the reins. ♦ (Introductory desciption courtesy of Bonhams.) September 2009 49

Page 48

Market Reports Overview Aston Martins and American Classics Bring $47m High-end consignments helped a number of sales top marks set in 2008 by Jim Pickering ers have become much more cautious with their money and much more selective in the cars they choose to buy. However, a number of sales in April, May, and June saw significant increases in final totals over last year's results, helped in no small part by very strong consignments. In early May, Senior Auction Analyst Paul Hardiman I made his way to Newport Pagnell for Bonhams's annual Aston Martin and Lagonda sale at AM Works Service, where 37 of 46 cars sold for a tally of $4.3m. Although totals here dropped from last year's $8.8m (buoyed then by the sale of an original DB4GT at $2.1m (SCM# 116832), Hardiman made note of several over-estimate sales, including a 1963 DB4 barn find restoration project selling at $126,840, against an estimate range of $30k–$40k. A well restored 1965 DB5 was this year's high sale at $375,990, followed by a 1962 DB4 convertible at $364,363. Senior Auction Analyst B. Mitchell Carlson noted that Mecum pulled out all the stops for this year's edition of its annual Spring Classic auction, which returned to Indianapolis in mid May. The biggest news of the event was the consignment of CSX2601, one of the six Shelby Cobra Daytona coupes built, and the car that cinched the FIA constructor's championship for Shelby and America in 1965. After much attention on the block, it failed to sell at a high bid of $6.8m (Mecum has just announced the car will be offered at its Monterey auction in August). However, an array of rare and high quality consignments crossed the block here, and a significant increase in the number of cars offered helped push the weekend's totals to $33.6m—up from $21.4m in 2008. SCM 1-6 Scale Condition Rating: 1: National concours standard/ perfect 2: Very good, club concours, some small flaws 3: Average daily driver in decent condition 4: Still a driver but with some apparent flaws 5: A nasty beast that runs but has many problems 6: Good only for parts t's no secret recent trends within the collector car market have placed the results of most sales—both here in the U.S. and abroad—at or below the levels those same sales set at this time in 2008. Many buy- Sales Totals Bonhams, Newport Pagnell, UK Mecum, Indianapolis, IN Bonhams & Butterfields, Carmel Valley, CA Cox Auctions, Branson, MO Bonhams & Butterfields, Greenwich, CT $4,305,143 $4,405,800 $4,031,455 $889,844 Bonhams & Butterfields was back in Connecticut in early June for its annual sale, held in conjunction with the Greenwich Concours d'Elegance, where 41 of 89 cars traded hands for a final total of $4.4m—nearly doubling last year's $2.4m for 26 of 49 cars. Contributing Editor Donald Osborne found spending at the sale to be a bit reserved until the Ted Leonard Collection crossed the auction block, including the 1928 Rolls-Royce Phantom Ascot Tourer used in “The Great Gatsby” film and Clark Gable's Darrin-bodied 1938 Packard. They made $238k and $282k, respectively. Despite the recent economic issues within the market as a whole, Cox's Branson auction in April managed to have the highest grossing total in the company's 29-year history, selling 138 of 272 cars for just over $4m. Auction Analyst Chuck Leighton noted that a focus on classics, Europeans, and original Americana helped here significantly, with the star of the show and the high sale of the event a 1933 Duesenberg Model J Franay sedan at $777,600. The cancellation of this year's Legend of the Motorcycle event in Half Moon Bay, California, led Bonhams & Butterfields to shift its annual all-motorcycle event to Quail Lodge in Carmel, and SCM Auction Analyst Ray Nierlich was there to record 49 of 74 bikes selling for a final total of $890k. Nierlich noted many big prices here, including a 1950 Vincent Series C “White” Shadow that made high sale of the day at $111,150. And finally, Geoff Archer's report on recent eBay Motors activity may have just what you need to get noticed this year around the Monterey Peninsula. ♦ Top 10 Sales This Issue (Land Auctions Only) 1. 1966 Shelby Cobra 427 S/C roadster, $1,234,900—Mec, p. 72 2. 1966 Shelby Cobra 427 Competition roadster, $1,060,000—Mec, p. 72 3. 1967 Shelby GT500 convertible, $874,500—Mec, p. 72 4. 1933 Duesenberg Model J Touring sedan, $777,600—Cox, p. 104 5. 1934 Bugatti Type 57 Stelvio convertible, $419,500—B&B, p. 86 6. 1952 Fitch-Whitmore Le Mans Special roadster, $403,000—B&B, p. 92 7. 1963 Porsche 356 Carrera 2 cabriolet, $381,000—B&B, p. 86 8. 1965 Aston Martin DB5 4.2 coupe, $375,990—Bon, p. 56 9. 1962 Aston Martin DB4 convertible, $364,323—Bon, p. 54 10. 1965 Chevrolet Chevelle SS Z16 Prototype, $355,100—Mec, p. 70 50 1. 1955 Chevrolet Corvette EX87 roadster, $328,600—Mec, p. 68 2. 1955 Aston Martin DB2/4 Mk I drophead coupe, $151,755—Bon, p. 54 3. 1934 Alvis Speed Twenty SC Sports tourer, $85,410—B&B, p. 84 4. 1957 Chevrolet Bel Air convertible, $108,000—Cox, p. 104 5. 1984 Volkswagen Rabbit GTi hatchback, $6,300—Mec, p. 66 Sports Car Market Best Buys $33,622,996

Page 50

Bonhams Newport Pagnell, UK 10th Annual Aston Martin Works Service Sale DB6 Volante misses by a whisker at $468k, but beautiful DB5 cruises home at $376k and the seller comes out ahead Company Bonhams Date May 9, 2009 Location Newport Pagnell, England Auctioneer James Knight Automotive lots sold / offered 37/46 Sales rate 80% Sales total $4,305,143 High sale 1965 Aston Martin DB5 coupe, sold at $375,990 Buyer's premium Another sales success at Works Service Report and photographs by Paul Hardiman Market opinions in italics scoring a good total by selling more cars at lower prices. Buyers from around the world—Singapore, Australia, America, Europe, and the Middle East—were all bidding at this annual sale at Aston Martin Works Service. The only real surprise was the DB4 barn-find T restoration project selling for $126,840, against an expected $30k–$40k, which will make it a $300k car when it's done—a far-sighted project, as they've not quite reached those heights yet. The star car, a super DB6 Volante from long-term ownership, only failed to sell by a whisker on a top bid of $468k, leaving the top seller the beautifully restored 1965 DB5 at $375,990. Bonhams sold this car at the first Works Service auction in 2000 for $75,000. Since then, a further $250,000 has been spent on a proper restoration that included an unleaded 4.2-liter engine and beautiful attention to detail. But the seller is still in front, even after paying top dollar for the best restoration—a most unusual success story. With the original Aston Martin factory across the road now flattened and the parent company maybe not being with us for much longer, the profitable Works Service, where old and new Astons come for continued expert care, could one day be the only bit of the company that survives. 52 here's no way Bonhams could have topped the $2m it got for the totally original DB4GT last year, but it still achieved an impressive sale rate here, Virages, predictably, didn't do well here, with these “average” cars remaining un- loved and unwanted, though a barking 720-hp turbocharged version brought $59,570, and from the same family, a very tidy and original Vantage V600 fetched $110,230. But two V8 Vantage Volantes, both with X-packs, made strong money, the low-km '89 left-hander selling for $194,941, or $67k less than its even lower-km sister made at the same sale last year, but still $40k more than expected. Another car to buck the trend of selling mid- or just below estimate was the 1963 Lagonda Rapide at $101,925, or $41,525 above top estimate. This car had been beautifully kept and was probably the best available. So, prices are down slightly, but not as much as some would have us believe. The market is being realistic, and cars are still selling. As auctioneer James Knight pointed out, “This is our fourth sale this year, all of which produced stunning results. The reason is simple—we have sellers who want to turn cars into cash and buyers who want to turn cash into cars.” Kingsley Riding-Felce, director of Works Service, pointed out that the sale attracted record numbers of people, of whom 130—another record—took up the Premier Client Package for $235. For that you got parking, a catalog, a reserved seat, champagne, and lunch. The rest of us paid two bucks for a cup of tea. Noteworthy automobilia came from the estate of explosives expert George Blain, who used them in the filming of “Goldfinger.” A DB5 dashboard expected to fetch $750 sold for $26,048 after agonizingly protracted bidding between a phone and the room, and a steering column with a $450 estimate realized $13,545. These took the result, with the morning's automobilia included, to $4,492,789—about half the total raised last year. ♦ Sales Totals $2m $4m $6m $8m $10m 2009 2008 2007 2006 2005 15% up to $45,400, 10% thereafter, included in sold prices ($1.51 = £1.00) Sports Car Market

Page 52

Bonhams Newport Pagnell, UK #310-1955 ASTON MARTIN DB2/4 Mk I drophead coupe. S/N LML1042. Eng. # VB6J/609. Silver/ red vinyl/brown leather. RHD. Odo: 10,888 miles. Chassis solid and clean, new wheels, newish exhaust. No leaks from recently painted at bottom of windshield pillars. New-looking chrome wires, full tool set. Cond: 2. SOLD AT $135,145. Just back from completing the Tour Auto. A good user with concours potential, sold at about the expected money. A decent buy. #345-1961 ASTON MARTIN DB4 Lightweight racer. S/N DB4744R. Green/ aluminum. RHD. Well-known and developed racer built from a stock DB4 in '80s and then extensively rebuilt in 2004. Now fitted with 4.5-liter four-bolt motor and Heim joints. In very good order for racer, sounding very crisp miles. In 4-liter Vantage spec. Floors and chassis all good, no leaks from motor. Newish leather, driver's seat just wearing in. Dash excellent, period radio fitted. Cond: 1-. SOLD AT $364,323. Was owned 25 years by movie director Bruce Robinson, director of “Withnail and I,” then restored, with no history before that. Nicely mellowed but not tired, and bang on the money at this price. #305-1963 ASTON MARTIN DB5 Mk I coupe. S/N DB51329R. Eng. # 400/1281. Black/brown leather. RHD. Odo: 74,851 miles. Not a five-speed, but does have overdrive. Has been in the U.S, then back to the U.K. and restored in its original color. Terracotta leather creased and cracking and probably original, paint shows some subsurface bubbling, motor, new double-end SU fuel pump installed. Some microblistering to paint, original leather shows some wear, dash veneer just starting to crack. Cond: 3. SOLD AT $151,755. In one family ownership from 1962 to 2007 and still very original, and although that counts for a lot here, it still probably only just cleared its reserve. Well bought. #302-1958 ASTON MARTIN DB Mk III coupe. S/N AM30031628. Eng. # DBA1270. Maroon/beige leather. RHD. Clearly used and enjoyed, but not for the last two years. Paint microblistered and bubbling over front wheel- when fired up. Offered for sale with spare set of wheels and scrubbed intermediates. Cond: 2. SOLD AT $126,840. The owner was on hand to answer questions, which added confidence. You couldn't build it again for the money, so this was a good value for an AMOC and Intermarque front-runner/class winner. #323-1961 ASTON MARTIN DB4 Series III coupe. S/N DB4634R. Eng. # 370643. Dark blue/gray leather. RHD. Odo: 15,795 miles. Odometer reading is since a 1998 restoration, unleaded conversion performed since. Straight and clean, leather needs color and feed but rechromed bumpers have a few blemishes. Concours condition under the hood, engine now displaces 4.2 liters and is unleaded-tolerant. Cond: 2. SOLD AT $198,263. Bidding started at $100k and reached about what Bonhams expected. Not huge money for a 5, but it was not quite perfect, which makes the claim that it had done only 200 miles since restoration puzzling. Nonetheless, should be a safe bet at this price. #304-1963 ASTON MARTIN DB4 Series arches, slight oil mist on motor. Cond: 3. SOLD AT $65,383. All pre-DB4/5 Astons have risen considerably in the past couple of years behind the stratospheric rise of the Superleggera cars, but this example reached a far greater price than expected. Well underestimated rather than sold high, and a fair deal both ways. #332-1958 ASTON MARTIN DB Mk III coupe. S/N AM30021696. Eng. # DBA1297. Green/red leather. RHD. Odo: 84,027 miles. Runs nice and quiet, with lots of sensible upgrades. Tidy looking following restoration in the '80s and recent bills from respected specialists. Leather is original, creased, and redyed. Body straight, with several paint runs should come back. Good and tidy underhood, with original air filters and new exhaust. Cond: 2+. SOLD AT $160,060. Nice, but not too nice to use. This had been kept on the button, and that was reflected in a market-correct price. Well bought and sold. TOP 10 No. 9 #339-1962 ASTON MARTIN DB4 convertible. S/N DB4C1075R. Silver/ black/black leather. RHD. Odo: 77,119 project, with extra chrome side flashes and tow bar. Cond: 5. SOLD AT $126,840. Last on the road in the mid-'70s, when it tipped over 100k miles, this attracted strong interest. Although bidding came in from six absentees and seven on the phone, a man in the room got it. It's a rare original, but considering it will take at least $200k to make right, this price looks expensive. #315-1963 LAGONDA RAPIDE 4- dr sedan. S/N LR147R. Eng. # 400147. Aegean Blue/blue leather. RHD. Odo: 56,987 54 Sports Car Market V Vantage coupe. S/N DB41143R. Eng. # 37011252S. Red/red leather. RHD. Odo: 6,075 miles. Paint dull and flaking off, showing original black, some Bondo in sills, motor dull and corroded, brightwork rusting and pitting, leather intact and might come back... but it's all there, and would probably run and drive quite easily. A typical “barn find” restoration

Page 54

Bonhams Newport Pagnell, UK TOP 10 No. 8 #340-1965 ASTON MARTIN DB5 4.2 coupe. S/N DB52194R. Eng. # 4002201. Metallic green/buff leather. RHD. Odo: 96,605 miles. Really sharp recent restoration and fabulous detailing. Unleaded 4.2-liter motor, sits on period-correct Cinturatos on slightly wider wheels under discreetly flared miles. The Rapide is a stretched DB5 with a Touring-styled body. Changed from auto to five-speed box in 1967, restored around 2000 in its original color. Still in excellent order with good chassis, solid floors, and only a few small touched-in chips around hood opening. Newish blue leather. Only minor cosmetic issue is small dings in wheel trims. Cond: 2+. SOLD AT $101,925. Last sold in February '03 by H&H in Derbyshire at $37,604 (SCM# 30439). This time it sold well past the going rate, but find another this nice... and it's still so much cheaper than the DB5 underneath. #331-1963 ASTON MARTIN DB4 Series V Vantage coupe. S/N DB41195R. Eng. # 3701192SS. Red/beige leather. RHD. Odo: 36,185 miles. Straight body and good chrome, some small marks in paint, and it's a shame it's not quite the same red all over. Leather creasing nicely, microblistered front bumper. Wide 4.2 liters. Very clean but not shiny paint, unmarked leather and carpets. Low-profile rubber looks too small for the car. Now with ps and a/c. Cond: 1-. SOLD AT $116,874. An on-themoney valuation. Once the new owner gets it on a set of taller tires, it'll be spot on. #344-1967 ASTON MARTIN DB6 Mk I coupe. S/N DB63197. Eng. # 4002818. Silver/black leather. RHD. Odo: 87,619 miles. Straight body and panel fit following care at a leading Aston specialist, but trunk lid fit a little arches. Unmarked leather and carpets, new exhaust with wrap still clean. Fitted with Retrotrip and a/c. Cond: 1. SOLD AT $375,990. Bought at Brooks' Works Service sale in May '00 for $106,908 (SCM# 9875), expensively ($280k) restored since at Works Service, unused since 2003. Add the restoration cost to the price of a basket case and you're about where this one cost, but this was so much nicer than most. Top price of the sale. #333-1966 ASTON MARTIN DB6 coupe. S/N DB62731R. Eng. # 4002714. Silver/black leather. RHD. Odo: 78,077 miles. In good order following extensive renovations in 2004 and 2007. Lots of new metal underneath. Nice paint and chrome, ceramic-coated exhaust manifold. Borranis lend it a continental flair, leading you to think at first that it's been crossed with a 250 GTE. Cond: 2. SOLD AT $184,975. The last stop before the DB5. Sold in the room after a phone bidder fell out at $148k. An honest car at an honest price. #327-1964 ASTON MARTIN DB5 4.2 coupe. S/N DB51677R. Eng. # 4001664. Silver/red leather. RHD. Odo: 62,073 miles. Body straight and proper following return to original colors in 2008. Floors good, new stainless exhaust, sits right on tall Avons. Chrome Lightly creased leather, dash and instruments good, period Radiomobile fitted. Cond: 2+. SOLD AT $151,755. This was big money for a DB6, but the color and condition were right. Doing the sills and outriggers isn't cheap, so it's likely the buyer got quite a deal here. #319-1967 ASTON MARTIN DB6 Mk I 4.2 Vantage coupe. S/N DB63103R. Eng. # 4002802V. Blue/gray leather. RHD. Odo: 67,460 miles. Good and straight following recent restoration, though stainless bumpers slightly ripply in places. Motor now displaces seals cracking a bit, repaint not the best quality. Some marks in rechromed bumpers but wheels are new. Cond: 2. SOLD AT $91,959. Last sold in 2001 at an unknown price. This time sold at a fair price for a user that was more appealing than the bare description might suggest. #338-1967 ASTON MARTIN DB6 Mk I coupe. S/N DB63411R. Eng. # 4003426. Green/green leather. RHD. Odo: 55,540 miles. Good older repaint over straight body. Chassis and outriggers good, leather lightly creased but unworn. Sundym glass, nice chrome. Motor off. New looking wheels, leather creasing in nicely. Cond: 2+. SOLD AT $85,315. Sold for more than expected. This car's condition was up to it, and although the automatic transmission in these cars sometimes depresses prices, that wasn't the case here. #341-1967 ASTON MARTIN DB6 coupe. S/N DB63026R. Eng. # 4002929. Metallic blue/red leather. RHD. Odo: 33,817 miles. Nicely lived-in original interior with delightfully cracked and creased seat leather. Window and paint very nice, new leather, period Becker Mexico radio. Now with 4.2 unleaded motor and power steering. Cond: 1-. SOLD AT $284,635. This was around the top end of where DB5s are now, but this properly sorted car was always going to get there. Well bought and sold. 56 Sports Car Market

Page 56

Glovebox Notes 2009 Land Rover LR3 A brief look at cars of interest that have passed through the SCM stable. HHHHH is best. clean and tidy, with new filters as evidence of care. Cond: 2-. SOLD AT $81,993. Compare this with the restored silver manual (lot 333), which was a nicer car with slightly better spec and cost almost twice the money. Factor in the $70k spent in the past three years, and you might come to the conclusion that the seller almost gave it away to get his money back. #320-1969 ASTON MARTIN DB6 Mk Price as tested: $55,400 Likes: Roomy interior, third-row seating that actually works; lots of cool looking switches and gizmos for selecting off-road modes. Dislikes: Piggy at the gas pump (12–17 mpg); looks like a Scion on steroids, feels wider than our Suburban Fun to drive: HHH Fun to look at: HH Overall experience: HH Verdict: Reportedly bad build quality has so devalued the Discovery nameplate that Land Rover abandoned it for the moniker LR3— which is really a Disco 3. The LR3 lacks the quaint, village-shed-teetering-on-skinny-tires look of the Disco, but then again the LR3 probably isn't quite so willing to roll over onto its back and wiggle its wheels in the air as the Disco was. Brilliantly (if uselessly) engineered for what most people will do with a $55k leather-clad SUV. Unless you need something fitting to tootle about your English estate, a pair of GSPs (German Shorthair Pointers, for the uninitiated) in the back, and a brace of Purdeys (premium shotguns, but you already knew that, didn't you) at your side, you're unlikely to get your money's worth out of this Landie.—Keith Martin 2009 Volkswagen Jetta TDI II Vantage-Spec Volante convertible. S/N DB6MK2VC3754R. Eng. # 4004363VC. Midnight Blue/black cloth/cream leather. RHD. Odo: 50,335 miles. One of nine with a ZF 5-sp and Vantage motor, upgraded by Works Service early in its life. Originally silver. Chassis and structure perfect, deep older paint over straight Good repaint and nice chrome, cheap tires let the side down a bit. Interior fitted with newish leather and Moto-Lita wheel. Cond: 2. SOLD AT $135,145. Finished right where Bonhams had plotted and looks like an excellent value compared with a DB5, but the automatic suppresses appeal slightly in the U.K. #326-1972 ASTON MARTIN VANTAGE coupe. S/N AM6033RA. Eng. # 4004931SVC. Metallic blue/beige leather. RHD. Odo: 9,662 miles. The 1972 Earls Court Motor Show car. True mileage is 74,581. Well cared for with body, unmarked leather. One tiny ripple in rear bumper. Sits right on Avon Turbospeeds. Cond: 1-. NOT SOLD AT $468,100. In this ownership 25 years and little used. Not sold, but I thought the top bid should have bought it, since Jamie Knight announced it was on sale when it passed $438k. The seller must have decided otherwise, but I'm not sure where he'll find more. #317A-1969 ASTON MARTIN DBS Vantage coupe. S/N DBS5305R. Eng. # 4004005SVC. Red/beige leather. RHD. Odo: 71,782 miles. Honest but slightly tired-looking old “six” with lots of new parts fitted after seven years' storage. A few chips and blemishes in paint, which is polished through and retouched on fender edges. Creased and cracking beige Price as tested: $23,169 Likes: Brilliant package; clean diesel has OK 140 hp but blistering 236 ft-lb of torque, making it very quick in traffic. Slick 6-speed, positive electro-mechanical steering, excellent ABS, and well-modulated, firm ride; intuitive dash/ climate controls you only have to look at once. Excellent fit and finish in and out, heated seats, MP3/CD/Sirius radio, huge pass-through trunk, complete safety package, adjustable headlights. Mid-30 mpg in the city, 50 mpg possible on highway (with 900-mile range). Gripes: None. Fun to drive: HHHH Fun to look at: HHHH Overall experience: HHHH Verdict: No wonder Europeans think hybrids are a joke. This is simple, fast, handsome, and inexpensive. I hated to give it back. Still, perhaps we can get the 74-mpg, 3-cylinder Polo diesel in the U.S. next?—Paul Duchene ♦ 58 good body and repaint. Small ding over driver's door, floors and outriggers good. Creased leather, modern stereo fitted. Cond: 2. SOLD AT $39,940. This cost more than a V8 in the same condition, but it was much rarer and historically significant. At this price, this was a fair deal both ways. #311-1977 ASTON MARTIN DBR1 Replica racer. S/N V811672RCAS. Eng. # V/540/1672/S. Green/aluminum. RHD. Based on a presumably terminally rusty '77 V8, well crafted with fiberglass body and alloy interior panels. Shape is convincing, with good attention to detail and the right stance on tall Dunlop RS5s—only chrome wires look leather needs a feed. New wheels, and rest of chrome OK. Optioned with sunroof. Cond: 3. SOLD AT $34,730. Not as nice, but not much cheaper than the similar '72 Vantage (lot 326) in the same sale. The DBS is rare, as only 790 were made, and I believe its time will come. It was a bit early for this one, but I didn't think it would make this much. Well bought and sold. #306-1970 ASTON MARTIN DB6 Mk II coupe. S/N DB6MK24273R. Eng. # 4004627. Birch Gray/black leather. RHD. Odo: 84,604 miles. Restoration by garage proprietor owner in 2004 and still in very nice order overall. out of place. Plumbed fire system fitted but no brake servo installed. Must be half the weight of the donor. Cond: 1-. SOLD AT $93,620. It's strange that the builder started with a V8 and not a rotten DBS, which would have yielded a straight-six... but there ya go, nothing stands in the way of the ingenuity of the British special builder. Must have cost more to build, but this was all the owner was realistically looking for. Sports Car Market

Page 58

Bonhams Newport Pagnell, UK No intrinsic value, but it should make someone happy. #318-1978 ASTON MARTIN V8 coupe. S/N V811799RCAS. Eng. # V5401799S. Maroon/beige leather. RHD. Odo: 35,433 miles. Sill and floors solid with lots of undercoating following chassis work in '98. Last Concours at Beaulieu. Cond: 2. SOLD AT $85,315. This car changed hands several times in its early years, as it was new at the time of the last classic car boom. It's back down again, and this time it was a reasonable deal. Well bought and sold. #328-1989 ASTON MARTIN V8 VANTAGE Volante X-pack convertible. S/N SCFCV81V6KTL15802. Eng. # V5805802X. Metallic red/cream leather. Odo: 26,595 km. Tidy and clean throughout, with smooth paint and panel fit. Excellent dash, slightly worn driver's seat. Chrome and alloys unmarked. One owner from new. Cond: 1-. SOLD AT $194,941. Originally sold to Achilli repaint in '86 still in good condition overall, with slightly misshapen sill covers the only issue noted. Alloys in good shape. Cond: 3. SOLD AT $28,219. This example had been much better kept than you'd expect for its age, and the money spent was fair for a good user that's some way off concours. #322-1980 ASTON MARTIN V8 Series IV Oscar India coupe. S/N V8SOR12245. Eng. # V/540/2245/S. Silver/blue leather. RHD. Odo: 126,981 miles. Oscar India is just a code for the October introduction of the Series IV sold from Motors in Milan, and kept in dehumidified storage in the U.K. since 1996. The sister car to the 8,000-km example ordered new by the seller's brother, which was sold by Bonhams at Works Service in 2008 for $261,660 (SCM# 116752). Clearly this brother liked to drive his car a bit more, and the extra miles probably accounted for much of the price difference between the two cars. #321-1990 ASTON MARTIN LAGONDA Series IV saloon. S/N LTR13620. Eng. # V585620. Black/cream leather. RHD. Outside shows a few blemishes in paint and a little surface rust in wiper slot. Inside is good with unmarked leather and nice dash. All electrics October '78. Just out of restoration and very sharp. Chrome good, Vantage wheels still like new, veneers unmarked. Leather slightly baggy on driver's side. Cond: 2+. SOLD AT $53,756. Full restoration costs still don't quite add up on V8s. These don't usually fetch this much, but this was a really nice, no-worries example. Only a manual would have made it more desirable. #316-1987 ASTON MARTIN V8 Vantage Volante X-pack convertible. S/N V8CHR15565. Eng. # V5805565X. Red/cream leather. RHD. Odo: 19,156 miles. Like new but for small bubbles at bottom corners of windshield and water/dust marks to hood and fender tops. Alloys unmarked, leather just wearing in. Took second in its class at the 2006 AMOC claimed to work. Cond: 3+. SOLD AT $36,467. This attracted a lot of attention as people still can't quite believe it, even though this was the toned-down version of the origami original. Sold at fair money—when they do sell, it's not usually for so much. #317-1994 ASTON MARTIN VIRAGE 7.0 Limited Edition coupe. S/N SCFCAM2SZRBR50413. Eng. # 89/50413/A. Goodwood Green/Havana leather. RHD. Odo: 37,581 miles. Number three of nine last-edition Virages built. Fitted with turbocharged gorilla motor and appropriately named Godzilla blowoff valve, as well as suspension, brake, and cooling mods, all by Lynx. Overall good order with no chips or bubbles, alloys unscuffed. Blacked-out glass, Kevlar facing panels on dash. Cond: 2. SOLD AT $59,570. Last sold 60 A few small paint bubbles also noted at bottom left corner of windscreen—a common Virage rot spot. OZ split-rims need a polish but are unscuffed. Cond: 2-. SOLD AT $36,467. Last sold in May '03 by Bonhams at Aston Works Service for $63,120 (SCM# 31123) with 26,018 miles on the clock, and about $35k has been spent since. However unloved the Virage is, this was still a lot of car for the money, but the seller took quite a tumble at this price. #301-1995 ASTON MARTIN DB7 Alchemist Gold coupe. S/N SCFAA114SK100254. Eng. # AM10100253. Gold & silver/gray leather. RHD. Odo: 116,044 miles. An average high-miles DB7 with goldand palladium-leaf finish (did they run out of gold?). I last described it as “looks more appealing the more you walked around it,” but that was in a dark room, and in this company it just looked cheap, nasty, and unfinished. One of seven diamonds embedded in nose now missing. Cond: 3. SOLD AT $23,443. How to ruin a decent motor car, part 94. Not sold at H&H Race Retro sale in March '09 at $14k in May '06 by Bonhams at Works Service for $83,965 (SCM# 41968), with just 124 miles covered since. An expensive way to find out you don't like something. #347-1995 ASTON MARTIN VIRAGE Limited Edition coupe. S/N SCFCAM2S8RBR50416. Dark blue/parchment leather. RHD. Odo: 29,243 miles. Number six of ten. Cream leather unmarked, Volante dash with excellent timber, Volante side vents. Floors like new, but with some surface rust on chassis rails (though it's already had new sills). Sports Car Market

Page 60

Alfa Bits Recent Il Biscione sales on eBay by Geoff Archer (All English within quotes exactly as presented by sellers on eBay.) #270374744460-1965 ALFA ROMEO GIULIA Ti sedan. S/N AR457822. Acacia Orange/black vinyl. Odo: 9,999 miles. 16 Photos. Burlingame, CA. Black plate CA car painted an Alfa Montreal color. “3yr old 5k paint job including all jams and engine bay (driver quality not concours). GTA 15” japanese replica wheels.” Interior looks great with when the reserve was high (SCM# 119867), but this time it was presented at a more realistic estimate—and at no reserve. Jamie Knight had to drop to $7,500 to get it started, and it sold very cheaply for a DB7, indicating reservations about finish—and what do you do if you scratch it? #314-1996 ASTON MARTIN VIRAGE Volante convertible. S/N SCFDAM1C9PBR60111. Eng. # 8960111A. Green/cream leather. RHD. Odo: 22,908 miles. Tidy and straight. Wood veneer good, leather and full history, plus allowing for the usual big car downward readjustment, this price was on the money. low-back bucket seats “GTA style.” No rust. “1750 motor with rebuilt weber 40 DCOE... All it need is proper tuning of the carbs.” 14 bids, af 166, bf 355. Cond: 2. SOLD AT $16,999. Seller wanted $22k on other web sites. While eBay definitely increases reach, some feel the prices achieved generally approximate wholesale. This seller might feel that way too, but my sense is that this was a fair price for a sweet looking resto-mod with minor needs. #140329764490-1975 ALFA ROMEO GIULIA Nuova Super 1300 sedan. S/N AR11509. Black/brown vinyl. Odo: 60,000 miles. 70 Photos. Montreal, Quebec. “(EUROPEAN MODEL NEVER SOLD IN USA). IMPORTED FROM FRANCE IN AUGUST 2007. FROM A FAMILY HERITAGE. ALL ORIGINAL. NO RUST” New paint in 2008 (could have fooled me). Seats split, no radio, headliner is perfect. Dust everywhere #312-2002 ASTON MARTIN DB7 clean, back doesn't look sat in. Only park brake handle is grubby. Fitted with later 17-inch alloy wheels. Cond: 1. SOLD AT $53,756. This car had only three owners and came with a full service history, which is what you want to see on these. Well bought and sold at the expected market-correct money. #309-1998 ASTON MARTIN VANTAGE V600 coupe. S/N SCFCDAM2SXWBR70201. Eng. # 59070201M. Pentland Green/parchment leather. RHD. Odo: 19,939 miles. The ultimate version of the Virage, with a brutal 550 hp from its supercharged V8 (though maybe not from new). Has been cared for by Works Service and is almost like new, with unmarked cream V12 Vantage Volante convertible. S/N SCFAB32312K402819. Eng. # 02867. Black/ beige leather. RHD. Odo: 43,000 miles. Looks like it has just driven in off the street, with a couple of stone chips in nose, and curbed and Service auction at $78,400 (SCM# 31127) with just 1,244 miles on the odometer. There's nothing like a few more miles and a recession to inject a bit of realism. With still low mileage inside. Many new driveline parts. “RUNS PERFECTLY.” 1 Buy-It-Now bid, sf 289, bf 95. Cond: 3. SOLD AT $6,000. On the one hand, almost six dozen photos painted this car as average in all respects, except that it is so rust-free. On the other hand, someone hitting “Buy-It-Now” implies that they saw it as undervalued. Benefit of the doubt (Auction Analyst's intuition?) says if the paint is thick enough to buff out nicely, this was a possible diamond in the rough. Slightly well bought. #250446045110-1967 ALFA ROMEO GIULIA SUPER sedan. S/N AR346067. Navy blue/tan vinyl. Odo: 68,888 miles. 18 Photos. Sea Level, NC. CA car (serviced by Britalis) but “The last five years the car has been in NC and is just now starting to show some rust... on the rockers and one patch on the left rear quarter. The original upholstery is in near perfect condition save the driver's seat bottom. leather and excellent dash veneer. Wilwood six-pot brakes up front. Cond: 1. SOLD AT $110,230. This had been off the road since the beginning of 2007, but Works Service has been through it since, so no worries there. Sold quite some way under the $120k bottom estimate, but this one should stay collectible. #337-1998 ASTON MARTIN V8 coupe. The dash was always kept covered and remains perfect and the vinyl still supple. Could be driven from here to California! - if nessesary.” 3 bids, sf 0, bf 15. Cond: 3-. SOLD AT $11,000. Deal fell through. Car was relisted (with a much better description) and sold two weeks later for $10,100. Kudos to the seller for disclosing the rust, but that doesn't mean it will be cheap to fix. Therefore I call this nice original example slightly well sold. ♦ 62 S/N SCFDAM283KBR9059. Silver/gray leather. RHD. Odo: 13,059 miles. An improved Virage sold from 1996-1999. Low mileage and unmarked leather, alloys unscuffed, some dust marks in paint on flanks. One small chip in trunk opening. Full service history. Cond: 2+. SOLD AT $62,061. Not sold at the 2003 Works made. Like new, apart from left front alloy mildly curbed. Quilted leather unworn, dash top unfaded. Cond: 1. SOLD AT $155,077. Cost $249,538 new, so it's lost almost half that. These don't sell very often, but a marque-specific auction is one place to find one, and this is what the market said on the day. ♦ dusty wheels. Front seats hardly worn, grubby marks on rear bench. Due for a service. Cond: 2-. SOLD AT $39,071. Market-correct price for used supercar in average condition. Should retail for a bit more, but a good detailing job would have narrowed the margin in the seller's favor. #336-2004 ASTON MARTIN DB7 Zagato coupe. S/N SCFAE12373K700076. Eng. # AM2A00331. Gunmetal/charcoal leather. RHD. Odo: 11,000 miles. Number 76 of 99 Sports Car Market

Page 62

Mecum Indianapolis, IN 22nd Annual Original Spring Classic Top money of the weekend went to 1966 Shelby Competition Cobra CSX3034. Sunday, it wore a Mecum SOLD sticker, after a post-block deal Company Mecum Auctions Date May 13–17, 2009 Location Indianapolis, Indiana Auctioneer Mark Delzell, Mike Hagerman, Jim Landis, Bobby McLaughlin, Matt Morauec & Jeff Knox Automotive lots sold / offered 638/1046 Sales rate 61% Sales total $33,622,996 High sale 1966 Shelby Cobra Competition roadster, sold at $1,234,900 Buyer's premium Cobra Daytona coupe stalled on the block at $6.8m Report and photos by B. Mitchell Carlson Market opinions in italics W hat a difference a year makes. Last year was the first year of Mecum's interstate venue change from Illinois to Indiana. Anyone who was there knew that Mecum and company were on to a good thing, and despite economic uncertanties, this year's event proved it. The big news was the consignment of one of the six Shelby Cobra Daytona coupes— CSX2601—the car that won the 1965 constructor's championship on July 4, 1965, at Spa. With lots of PR hype, guesstimates ran rampant from $6 million on up for high bidding. However, when the smoke and thunder cleared, it went back into the Plexiglas display of its consigning owner, having come short at a $6.8 million bid. Some behind the scenes felt the deal might get done later on in the $10 million range, but so far it hasn't. (Mecum has just announced the car will appear at its Monterey auction this August.) But just because your big-ticket car goes unsold doesn't mean your sale was a downer. Crunching the numbers from last year, consignments were up by 248 $300 up to $5,499; $500 from $5,500 to $9,999; 6% thereafter, included in sold prices lots, sales percentage was up by 10%, and the gross was up by nearly $10m. In two years, Mecum has equalled, and in some instances surpassed, its numbers from the two years previous in their long-entrenched Illinois venue. All of this in a challenging market. The top-money car of the weekend, a 1966 Shelby Competition Cobra, CSX3034, struggled on the block, but “the bid went on.” By Sunday, it wore the trademark Mecum SOLD sticker, after a deal was struck at $1,234,900. Mecum seems to have found a winning combination with this new venue, despite the cautious market. All the SCM subscribers I talked to were enjoying themselves out here. They also had the feeling that Mecum was doing an excellent job in serving both buyers and sellers, for example, having enough staff to marshal cars, and having good staff to efficiently handle the paperwork in the back offices. It was a good thing for the Spring Classic to be Back Home Again in Indiana. ♦ Sales Totals $5m $10m $15m $20m $25m $30m $35m 2009 2008 2007 2006 2005 64 Sports Car Market

Page 64

Mecum Indianapolis, IN ENGLISH #T253-1954 JAGUAR XK 120 roadster. S/N S675016. Red/black cloth/tan leather. Odo: 44,931 miles. Older bare-body concise restoration by Eric Cooper. Fitted with period aftermarket Paxton supercharger. Rechromed wire knockoff wheels shod with modern radial tires, interior fitted with modern chrome fire extinguisher mounted to transmission hump. Top quality repaint with no marks or chips, brightwork replated and shows well. Supple interior leather smells like fresh saddle soap. Cosmetically pleasantly restored engine bay, albeit not JCNA authentic. Cond: 2. NOT SOLD AT $85,000. This was not quite a trophy magnet, and it was almost too nice to take out to rally, and I'd guess that's why potential buyers weren't going crazy bidding on it. Post-block, it was displayed for the rest of the weekend with an asking price of $95k. Good luck. #W98-1974 TRIUMPH TR6 convertible. S/N CF22945U. Maroon/black vinyl/tan vinyl. Odo: 70,381 miles. Older presentable repaint with some light overspray on original door seals. Chrome and brightwork a bit tired but congruent with rest of car. Good original top, some loose seals over door glass. Older reproduction seats with light wear, moderate soiling, and a small hole poked in driver's side bottom. Nice dash maroon cloth. Odo: 31,326 miles. Provenance documentation from the VW Museum. Owner attests mileage is original, with all original components apart from regular service items like fluids, battery, tires, belts, and hoses. Excellent original paint with only some light fuel staining below gas filler neck. Plastic body plugs in the door jambs from rust proofing. Highly cleaned up and detailed engine bay. Well preserved interior with light wear on forward edges of both front seats and light fading on vinyl upper seat backs. Cond: 2-. SOLD AT $6,300. Closely patterned on the original Thunder Bunny concept car, the GTI was the car that put front-wheeldrive VW performance on the map. I lived in West Germany when the GTI was THE car to get, and it soon attained one of the highest theft rates over there (theft being one of the greatest forms of flattery). While minty originals are few and far between, the seller was prudent to cut it loose here. Bought well, as the GTI should be viewed as a watershed car for VW the same way the 1964 GTO was for Pontiac. JAPANESE #T203-1966 TOYOTA CORONA 4-dr sedan. S/N RT4311455. Pastel blue/blue vinyl & gray cloth. Odo: 8,772 miles. Radio delete. Consignor claims miles indicated are original. Very good original paint with a few minor nicks and scrapes. Good quality bumpers either rechromed or are exceptionally nice originals. Original door handles and trim very nice and nick-free, but both have very light crazing. All door panels have plastic sheeting installed over them. Very light seat and carpet wear seems and console wood trim, cleaned-up engine bay all stock apart from Optima battery and Union Jack decal on air cleaner. Runs out OK, but clutch seems a bit jerky. Cond: 3. SOLD AT $12,190. Last seen at Mecum's St. Charles auction in October '04, selling for $9,975 (SCM# 35257). When it ran across the block here, it was a no-sale at $12,500, but sold almost immediately after it left the spotlight. It must not have taken the consignor too long to figure out that this was going to be the best payday on the car in the foreseeable future. GERMAN #T105-1984 VOLKSWAGEN RABBIT GTI hatchback. S/N 1VWDC0177EV064211. Senegal Red/ 66 ing. Even the Cobra Daytona didn't generate this much bidding excitement. Welcome to the new economy, as the talk was that most of the big players on it were in Asia. #F70-1974 DATSUN 260Z coupe. S/N RLS30036628. Silver/black vinyl. Odo: 19,429 miles. California blue-plate car with most documentation since new. Well preserved, mostly original paintwork with just a few light nose and door edge chips. Good panel and door gaps, light scuffing or fogginess on most of alloriginal brightwork. Cleaned up generally stock engine bay. Aftermarket voltmeter mounted below glove box door. Otherwise, the interior is original and in like-new condition. Cond: 2. SOLD AT $15,900. When it crossed the block, it ended as a no-sale at $14k, but almost immediately thereafter, Dana managed to get a deal done. A pretty good payday for an automatic transmission car, as when I talked to the seller before it crossed the block, he wasn't too sure where to cut it loose. Looks like he figured it out in short order. A strong sale, but the new owner should still be happy. #T191-1981 TOYOTA CELICA Supra coupe. S/N JT2MA47L1B0005242. Maroon metallic/maroon leather. Odo: 8,777 miles. Consignor claims mileage is actual since new. Generally well preserved original paint apart from some light clear coat lifting on tops of front fenders. Lightly scuffed original chrome and trim, aftermarket chrome exhaust outlet. Well cleaned up and detailed original engine bay. Light dashboard top fading, but rest of interior is unfaded and shows only minimal wear. Slight but noticeable mothball smell (but certainly commensurate to the miles indicated. Offered at no reserve from the Jack Safro Collection. Cond: 3+. SOLD AT $38,160. Last seen two years ago at Silver's Ft. McDowell auction, and at that time, every jaw in the tent hit the pavement when it sold for $16k (SCM# 44123). Two years later, with multiple bidders both on site and on the phone, it more that doubled that amount, making every jaw hit the concrete in the auction build- is better than stale mouse pee). Offered at no reserve from the Jack Safro Collection. Cond: 2-. SOLD AT $23,320. Every drifter and Asian car tuner was hot for this car. For those of you who haven't noticed, fans of Asian cars put Supras of all vintages on something of a pedestal (and generally higher than a Datsun Z-car), as it represents Toyota's only rear-wheel-drive coupe—and with good performance to boot. It also took these longer than the Z to develop a cult following, so the war of attrition has eaten the vast majority of them. Based on this and the Corona sedan also sold here, it looks like Japanese collector cars have finally arrived. Sports Car Market

Page 66

Mecum Indianapolis, IN AMERICAN #F51.1-1946 LINCOLN CONTINENTAL Indy Pace Car convertible. S/N H141724. Cream yellow/black cloth/maroon leather. Odo: 72,857 miles. Claimed to be the 1946 Indy Pace Car driven by Henry Ford II, but with no proof whatsoever to back it up. Pace Car graphics are easy-to-remove vinyl decals instead of original paint. High quality older restoration, wearing CCCA Senior badge number 1483. Top-shelf chrome replating, both inside and out. There is no doubt that the clock works, as its ticking can be heard outside the car. Expertly reupholstered leather upholstery with minimal wear on in post-race concours (aka Chicago Historical Races at Road America). I'm pleased that it had opportunities to go run and play, and I certainly hope the new owner follows suit. #F208-1955 CHEVROLET CORVETTE EX87 roadster. S/N VE55S001399. Polo White/ /red vinyl. Odo: 17,742 miles. 307-ci V8, 4-bbl, 3-sp. Modified by Zora Arkus Duntov, with fixed tonneau over passenger's seat, small cockpit windscreen, and headrest tail fin behind driver's seat. Authentically restored by Steve Tate to its EX87/5951 GM tracking number condition after he obtained the motor from Smokey's estate. Body and paint better than original, motor just starting to show light heat cycling. Period authentic steering column-mounted tachometer, #F43-1957 CHEVROLET CORVETTE convertible. S/N E57S105399. Venetian Red & beige/tan cloth/red vinyl. Odo: 4,615 miles. 283-ci 283-hp fuel-injected V8, 4-sp. Radio and heater delete, “dog dish” hubcaps on stock steel wheels. High-quality frame-off restoration a few years ago. Excellent quality bare-body repaint, all replated or replacement chrome and trim, mostly better-than-stock body prep and panel fit. driver's seat bottom. Cond: 2. NOT SOLD AT $100,000. Last seen at RM's Fort Lauderdale auction in February '08, selling for $104,500 (SCM# 52013). To correct that listing, the engine's serial number puts it into the range of the later-in-the-model-year 282-ci motor, rather than the early, troublesome 305-ci unit. Looking up this car in the Lincoln and Continental Owner's Club's current 2008 membership directory, it makes no mention of this being the Pace Car, and it's easy enough to prove, as the build records for all Classic-era Continentals exist at the Henry Ford Museum Archives. A pretty, $100k V12 Continental cabriolet all day long—nothing more, nothing less. #F254-1947 ALLARD K1 roadster. S/N 71K559. Black /red leather. Odo: 591 miles. Mercury flathead with a McCulloch centrifugal supercharger. 12-volt alternator, electric fuel pump, and roll bar most likely added to make it durable for the Mille Miglias it ran in nearly a decade ago. Good repaint with a few chips up front, seats starting to show some moderate wrinkling. additional dash-mounted gauges. Minimal seat, carpeting, and steering wheel wear. Cond: 2-. SOLD AT $328,600. This is considered to be the first true high-performance Corvette, having been modified by Zora Duntov by placing the Smokey Yunick-prepared small-block V8 used in the prototype Corvette V8. Zora had the motor rebuilt and had what became the prototype “Duntov cam” installed to set records at both the GM Arizona Proving Grounds and Daytona Beach in 1956. With this provenance, this was well bought, and should make for easy estate planning for the owner—ship to Bowling Green, KY. #T147-1955 CHEVROLET BEL AIR 2- dr hard top. S/N VC55F130170. Gypsy Red & India Ivory/red & tan vinyl & nylon. Odo: 79,915 miles. 265-ci V8, 2-bbl, auto. VIN tag pop-riveted 90 degrees out-of-phase from the stock location. Restored several years ago as The Paddock catalog demo car. Good older repaint, although body prep wasn't the best, with some light panel rippling on both rear quarter panels. Passenger's door alignment off. Heavily reinforced inner wheel-well openings. Show-quality engine compartment detailing, authentically restored interior with minimal to no wear. Cond: 1-. SOLD AT $83,740. The seller dropped his reserve at the end of the bidding, yielding one of the better buys on a Corvette at this auction, even if it was one of the higher selling C1s here. All you have to do is write the check to buy it, then show it and enjoy it. #S174-1959 CHEVROLET IMPALA con- vertible. S/N F59T190664. Roman Red/white vinyl/multi red vinyl & nylon. Odo: 25,477 miles. 283-ci fuel-injected V8, 3-sp. Non-original motor with Rochester fuel injection in 290hp tune. Also has Continental kit, Positraction, and power top. Consignor claims car wears original paint and has its original interior. Paint far nicer on the outside than under-hood, in door jambs, and in trunk, and has no chips or scuffing. Interior has light wear and aging, including rubber floor mat pseudo-carpeting. Mostly good quality original brightwork, older soft top with noticeable yellowing of plastic backlight. Cond: 3+. SOLD AT $137,800. I had a hard time swallowing a lot of the originality shtick about this car. However, the bidders certainly liked it, as they went past the $125k reserve without much problem. Well sold. Fitted with modern alloy wheels, yet retaining the original spare tire. “Flatheads Forever” rear license plate frame, vintage race inspection stickers, and BS Levy's The Last Open Road graphics added in recent years. Offered at no reserve. Cond: 3+. SOLD AT $100,700. I last saw this car at auction in 2003, when Mecum had its last sale at Elkhart Lake, WI, with Jack Safro buying it for $47,250 (SCM# 35813). Since then, I saw him run it a few times during subsequent Brian Redman International Challenges and 68 Rechromed bumpers still sharp, replacement trim and emblems show well. Driver's door glass seal doesn't fully flip closed when door is shut. Full reproduction interior shows light seat and carpet wear. Cond: 2-. SOLD AT $27,825. When your catalog poster car's restoration is starting to unwind, it's time to dump it at any price. While not a bad car at all, it was a good indication of what happens when cars just sit. Hopefully it's going to someone who will use it as a sharp cruise-night car. #U35.1-1963 CHEVROLET IMPALA SS convertible. S/N 38167L188988. Cortez Silver/black vinyl/black vinyl. Odo: 45,363 miles. 409-ci V8, 2x4-bbl, 4-sp. Fitted with power steering, power brakes, power top, power windows, tachometer, and AM/FM radio. Stock steel rims fitted with SS wheel covers and reproduction bias ply tires. Excellent trim-off repaint, mostly good original buffed-out original trim, better quality bumper rechroming. Authentically detailed all-GM engine compartment, light wear Sports Car Market

Page 68

Mecum Indianapolis, IN and soiling to reproduction interior soft trim. Cond: 2. SOLD AT $74,200. My digital camera couldn't quite get a good shot of the rear strut rod box, and I didn't get a chance to do the low crawl under this one to verify that said strut rod box was the heavily reinforced one that was only fabricated on the 425-hp cars. Still, plenty of folks had enough faith in the car to bid it to a $65k no-sale on Friday, and it was amped up by another five grand on its second trip across the block. #F244-1964 SHELBY COBRA 289 Competition roadster. S/N CSX2430. Red/ black vinyl. Odo: 1,421 miles. 289-ci V8, 4x2-bbl, 4-sp. Restored in 1986 by Colorado's Bill Murray to then state-of-the-art concours condition. Since then, it has seen only limited use, with more components looking lightly aged rather than worn. Far better than stock body prep, panel fit, and paint application. Show-quality engine compartment, light oxidation starting on hoses and belts. Light wrinkling on both Older reproduction seat upholstery and door panels show light wear. Cond: 4. SOLD AT $10,600. The one bit of good news here was the real GTO status. Or at least the VIN is that of a real GTO. The rest of the car was a mess. Walk away slowly, and hand the new owner a Year One catalog while passing by. #F62-1965 FORD MUSTANG coupe. S/N 5F07D123959. Wimbledon White/red vinyl. Odo: 50,075 miles. 289-ci V8, 4-bbl, 4-sp. Fitted with reproduction styled steel wheels and dualband Redline bias ply tires. Cosmetic restoration from 1998 retains most of the original interior. High quality repaint and bumper rechroming, mix of original and repop trim, incorrect Hi-Po fender emblems added. All-FoMoCo engine bay, sold it in 1969, it was bought by Bonneville class speed record holder and gas station chain owner John Simonson, becoming the most exotic car to ever wear as set of North Dakota license plates. Arguably the most historically significant American car to cross the block since the Duesenberg Mormon Meteor speedster sold at Gooding's Pebble Beach sale in 2004 (SCM# 34644). Bidding ended with an SCMer who was ready to pony up for it, but it was going to take around $10m to get the job done. #F240-1965 SHELBY GT350 fastback. S/N SFM5014R. White & blue /black vinyl. Odo: 39,806 miles. 289-ci V8, 4-bbl, 4-sp. Restored in 2006 by Shelby expert Randy Bailey to concours and race-ready condition. Far better than stock body prep, paint quality, and panel alignment, although hood bulges slightly at center. Concours-quality engine compartment, with only moderate heat cycling on tube headers' finish. Authentically restored undercarriage with including a repop Autolite battery. Slight fading and discoloration on the seats and dashpad exemplified by reproduction carpet. Cond: 3+. SOLD AT $14,045. The values of first-generation Mustang hard tops have been generally flat for quite some time now. This one surpassed the $13k reserve by one bid, making it a market-correct deal for both parties. seats, minimal carpet wear. Fitted with original Halibrand knockoff alloy wheels and reproduction bias ply race tires. Cond: 2+. NOT SOLD AT $1,300,000. Ordered new by Ford as a Shelby American team car for driver “Gentleman” Tom Payne. After its use by Shelby American, it was campaigned by a number of owners successfully in SCCA/B-production and vintage racing before being restored. As a Competition 289 with this provenance, anything this side of a million should get the car sold, especially since Mr. Payne's later mount (lot 246) sold for less than what was bid here. #U14-1964 PONTIAC GTO 2-dr hard top. S/N 824P212960. White/black vinyl. Odo: 41,410 miles. 389-ci V8, 4-bbl, auto. PHS documentation verifies this as a GTO with only an AM radio and whitewall tires as options. Was a 4-speed car, now has a column-shift automatic. Older patch-fill-repaint bodywork, driver's side front corner of hood busting open from rust. Replated front bumper, rusty and pitted rear. Rear window molding snapped loose from body at driver's lower corner. Faded carpeting, cracked dashpad, discolored plated plastic. 70 #F242-1965 SHELBY COBRA Daytona Competition coupe. S/N CSX2601. Blue & white/black cloth. Odo: 9,115 miles. 289-ci V8, 4x2-bbl, 4-sp. Concise restoration to 1965 season configuration, when Jo Schlesser and Bob Bondurant drove it to victory at Reims, France to clinch the FIA constructor's championship in the GT category. Better-than-original body and paint quality; modern harnesses and fire suppression system added to otherwise period-correct cockpit. Halibrand knockoff wheels, recently freshened driveline. Turn-key historic racing ready. Acknowledged as one of the best—if not the best—of the six Daytonas. Cond: 1-. NOT SOLD AT $6,800,000. When Bob Bondurant replicated inspection marks, correct primered underbody. Apart from Carroll Shelby graffiti on the glove box door, interior is authentically restored. Cond: 1-. SOLD AT $299,450. This was the last of five 1965 GT350 prototypes before series production, and was then used as a press car for Shelby American until they sold it as a used car in May 1965. Since it was a well-known pre-production car, and the consignor lifted the reserve at the end of bidding, everyone was in agreement that this was a market price. TOP 10 No. 10 #S122-1965 CHEVROLET CHEVELLE SS Z16 Prototype 2-dr hard top. S/N 138375B118040. Red/black vinyl/black vinyl. Odo: 22,002 miles. 396-ci V8, 4-bbl, 4-sp. Originally built at the Baltimore assembly plant as a heavily-optioned SS 327, especially for service as the “experimental check” prototype for the Z16 SS 396 program and converted at GM Engineering. Authentically restored in 1989 by Chevelle expert Doug Garrett to the configuration of when it was part of the model's introduction fleet. Minimally used and well preserved since then. Show ready. Cond: 1-. SOLD AT $355,100. Last seen at Russo and Steele's Scottsdale auction in January '06, bid to Sports Car Market

Page 70

Mecum Indianapolis, IN a $412,500 no-sale (SCM# 40456). Seen before at Mecum's Rockford sale in May '05, where it failed to sell at $260,000 (SCM# 38217). One of Dana Mecum's personal cars, offered up here as part of his Chevelle collection. Here, Dana turned it loose at $275k, for a good buy on the first SS 396 ever produced. #W75-1966 CHEVROLET CORVETTE convertible. S/N 194676S105608. Sunfire Yellow/black vinyl/black vinyl. Odo: 55,690 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Fitted with side pipes, ps, pb, AM/FM radio, tilt/telescopic column, and teak wheel. Reproduction knockoff alloy wheels. Newer repaint over excellent body prep with sharp character lines and no seam buy when coupled with the provenance. It also proved to be the highest selling car across the block (aside from later post-block sales). TOP 10 No. 1 #F248.1-1966 SHELBY COBRA 427 S/C roadster. S/N CSX3034. Gurardsman Blue & white/black leather. Odo: 15,805 miles. 427-ci V8, 4-bbl, 4-sp. Originally ordered unpainted, but painted white after delivery to contrast with black interior, sidepipes, and roll bar. Restored in 1977, then cosmetically redone in 2000 to its current configuration. Since awarded People's Choice at SAAC 27. Better-than-original repaint, original. Wears almost all-original paint, with several shades of bottle touch-up on various nicks and scrapes. All-original brightwork with light to moderate scuffing and pitting throughout. Claimed to be all-original interior, with some components having worn better than others. Cond: 3-. SOLD AT $59,360. The first-generation Chargers don't get a lot of respect. The $50k reserve was easily passed, showing that for some folks, at least, there is more to Hemi life than the usual restoring one above and beyond the condition it really was. I won't be surprised if I run into this car at a future auction fluffed up, but for today this did quite well as a straight-up no make-up car. broadcasting. Average quality bumper replating with mostly buffed out original trim. Fresh, authentic engine bay detailing with modern ACDelco battery the only thing that doesn't look circa 1966. Older replacement seats and carpeting starting to show some wear from limited use. Cond: 3+. SOLD AT $58,300. Bid up to $51k, and when the owner wouldn't let the reserve go, the last bidder raised his bid to meet the owner's $55k reserve. It's not too often I see that tactic actually work, but at least all parties agreed that this was a $55k car all day long. TOP 10 No. 2 #F246-1966 SHELBY COBRA 427 Competition roadster. S/N CSX3020. Red/black vinyl. Odo: 13,236 miles. 427-ci V8, 4-bbl, 4-sp. Restored several decades ago by Art Foley back to its original configuration (except for deletion of original blue and white stripes). Awarded Best 427 Competition Cobra at SAAC 9 and Best Cobra at SAAC 17. Lightly used since, showing only minimal polishing swirls and light chips. Older motor restoration has light seal weepage and track grime. Dual racing battery configuration behind the seats opts for function over form, but rest of interior is rather upper right corner of windshield delaminating. New leather upholstery shows no appreciable wear, clean engine compartment a notch below concours quality. Light corrosion on the original Halibrands. Cond: 2. SOLD AT $1,234,900. On the block, it was a no-sale at $1.3m. By the next day, a deal was done behind the scenes, and Sam Monahan's “The Bid Goes On” booth got the honor of generating the top sale of the event. #F250-1966 FORD GT40 Mk I Alan Mann Lightweight coupe. S/N AMGT402. Blue & white/black vinyl. RHD. Odo: 3,351 miles. 289ci V8, 4x2-bbl, 5-sp. One of two lightweight GT40 Mk Is of the five Alan Mann cars built, originally painted red with gold stripes. Older restoration has seen some track time at SAAC events over the years. Repaint presents well despite a few light nicks, neat and orderly engine bay and interior for a track-ready vintage race car. Fitted with correct Halibrand knockoff wheels shod with older race slicks. Cond: 2-. NOT SOLD AT $2,200,000. Initially raced at Sebring in 1966 by Graham Hill and Jackie Stewart to a DNF. Shortly afterward was sold and campaigned by Paul Hawkins, who used it to secure the most wins of any privateer ever in a GT40. The bidding was brisk until it bogged down past the $2m mark, where it could have rightfully changed hands. neat and shows minimal wear. Cond: 2. SOLD AT $1,060,000. When Tom Payne was done with lot F244, he was upgraded to this car. This is also one of three Competition 427s fitted with a dry sump oiling system when ordered new. Considering that any Competition 427 is a million-dollar-plus venture today, this was a decent 72 #S134-1966 DODGE CHARGER 2-dr hard top. S/N XP29H61180882. White/Dusk Rose vinyl. Odo: 27,314 miles. 426-ci V8, 2x4bbl, 4-sp. Fitted with power steering, power brakes, and console clock. Stock steel wheels wearing optional 3-prong spinner wheel covers and old bias ply tires. Clamed to be an unrestored lines also present in door jambs and door sills. Driver's door fit off, older rechromed bumpers and replacement trim look nice. Older engine bay and undercarriage detailing, older interior with light wear. Cond: 2. SOLD AT $84,800. The 435-hp '67s have taken the biggest hit in the current market. As proof, the bidding here started at $45k. Five years ago, this would've been a lock to sell for just over $100k, but today this is fully priced as a darn nice driver or lower tier show car. TOP 10 No. 3 #F248-1967 SHELBY GT500 convertible. S/N 67413C9A00139. Red & white/white vinyl/black vinyl. Odo: 6,656 miles. 428-ci V8, 2x4-bbl, auto. Ordered by Carroll Shelby as a test and engineering car for the 1968 convertible, and is the only real 1967 GT500 convertible. Restored to its original configuration within the last decade, after being styled to resemble a 1968 for pre-1968 model year introduction. Typical poor hood fit, good door and panel gaps, better-than-stock repaint. Sports Car Market #F45-1967 CHEVROLET CORVETTE convertible. S/N 194677S108947. Marina Blue & black/black vinyl/Bright Blue leather. Odo: 19,421 miles. 427-ci 435-hp V8, 3x2-bbl, 4-sp. Fitted with sidepipes, ps, pb, AM/FM radio, and alloy wheels. Originally painted Marina Blue, now wears Lynnwood Blue. Clear coat now uniformly covers older masked-off black stripe, paint is a lighter shade between outer border and inner black stripe. Outer repaint masking

Page 74

Mecum Indianapolis, IN Shelby signed hood and glovebox door, driver's seat with small tear from when Shelby's suspender latch caught it at the 2004 Chicago Auto Show. Cond: 2-. SOLD AT $874,500. The other reason this was also allegedly converted into a 1968 was due to Ford's policy of destroying engineering prototypes. After hiding in plain sight as the photo ad car for the 1968 Shelby convertibles, it was later sold by Ford as a used demo car. Most everyone thought this would do quite well across the block, but at 7/8ths of a million dollars, it ended up being the third highest selling car of the weekend. #F249-1967 SHELBY GT500 fastback. S/N 67400F9A01891. Red & white/black vinyl. Odo: 62,690 miles. 428-ci V8, 2x4-bbl, 4-sp. Copy of the original invoice confirms it to be as originally configured, with narrow front driving lights, power steering, power front disc brakes, interior décor group, Sport Deck rear seat, and 10-spoke alloys. High quality bare-metal repaint in the original color. Original steering wheel, seen two years ago at the MidAmerica spring 2007 auction, then a no-sale at $32,000 (SCM# 45340). The reserve was dropped at the end of bidding. While not very authentic, at least this was built up very well. For a very nice driver, it would be a decent buy, but it was a waste of money if you wanted an authentic show car. #S110-1969 FORD MUSTANG Boss 429 fastback. S/N 9F02Z198865. Red/black vinyl. Odo: 43,707 miles. 429-ci V8, 4-bbl, 4-sp. Kar Kraft number 2055. Recent state-of-theart restoration by Bob Perkins. Deluxe Marti Report confirms configuration. MCA or AACA concours-ready, with all smog gear in place and replicated inspection markings throughout. Nonoriginal Holley carburetor, but the original carb is sitting in the replacement's box. Cond: 1. SOLD AT $206,700. Can Boss 429s be depreciating by AT $140,450. The seller claimed to have spent in excess of $100k on the restoration. With the reserve lifted at $125k, we have an idea of how much the car may have cost at the onset of the restoration. This was big money for a Hemi in today's market, but then again, there were also quite a few bids past the $125k point. This was promising for all of those holding out on selling theirs, but I won't be the one to sound the all clear and say it's OK to come out of the fallout shelters. #S127-1970 CHEVROLET CHEVELLE SS 454 LS6 2-dr hard top. S/N 136370A135886. Red & black/black vinyl. Odo: 33 miles. 454-ci V8, 4-bbl, auto. Sold new to someone who was intending on building it as a dedicated race car and never got around to it. Has all of its original components, apart from fluids and a modern AC-Delco battery, and shows only 33.8 miles since built. The only deviation is a fresher light layer of undercoating over the original dealer-installed material. Light soiling on the motor, light dash components, and carpets, minimal wear on reproduction upholstery. Show quality engine bay detailing, with all FoMoCo components. Cond: 2-. SOLD AT $185,500. Let's call this the “control car” for lot F248. Lose a roof, add $700k, and you still don't have the only real '67 GT500 convertible. This was market pricing for the rest of the '67 GT500 fleet at this time, as lot F226, an identically equipped car in Brittany Blue with 5-spoke alloys, also sold for the same amount. #T129-1969 PONTIAC FIREBIRD coupe. S/N 223379U108519. Red/parchment vinyl. Odo: 7,299 miles. 400-ci V8, 4-bbl, auto. Originally Verdoro Green with gold interior. Factory options include ps, pb, woodrim wheel, fold-down back seat, and Rally II wheels. Motor built and configured to Ram Air III specifications despite being originally the base-level 400. High quality body prep and repaint, replated rear bumper and grille surround, buffed out trim and replacement emblems. Clean and well detailed engine compartment. Slight wear to replacement seat upholstery and carpeting. Modern Hurst shifter. Cond: 2-. SOLD AT $32,860. Last 76 the day? On Friday, a lesser (albeit generally original) 1970, lot F239, sold for $210,940. A day later, this rarer 1969, concours-restored by one of the best specialists of Boss Mustangs, fetches $4,200 less? Looks like $200k is now the line in the sand for all Boss 429s. Despite this, if bought for love not money, this was well bought if for no other reason than a restoration to this level will cost about this much—before factoring in the car. #S132-1969 PLYMOUTH ROAD RUNNER 2-dr hard top. S/N RM23J9A144312. Bright Blue Metallic/two-tone blue vinyl. Odo: 80,078 miles. 426-ci V8, 2x4-bbl, 4-sp. Chrysler Registry confirms configuration. Options include Air Grabber hood scoop system, Super Track Pack, power steering, tinted windshield, remove control driver's side mirror, and tachometer. State-of-the art full bare-body restoration to better than stock quality and condition, original driveline components and N.O.S. exhaust system. Claimed to have scored 998.5 points at the Mopar Nationals in 2007. Cond: 1. SOLD corrosion on exhaust manifolds and most engine fasteners. Factory-supplied floor mats are still in the original box. Cond: 2-. SOLD AT $318,000. Sometimes it pays to procrastinate, although I'd be a bit more inspired in doing something with a project that cost me $4,364.60 in 1970 dollars—with $2,364.60 of that being financed to boot. As part of Dana's Chevelle collection, it has been at several of his auctions, last caught by us at the St. Charles auction in October '07, where it was bid to $290,000 (SCM# 47032). A market price considering so few miles. #S198-1970 OLDSMOBILE 442 W30 con- vertible. S/N 344670M248649. Matador Red & black/black vinyl/black vinyl. Odo: 68,709 miles. 455-ci V8, 4-bbl, auto. Factory optional a/c, power steering, power front disc brakes, Hurst Dual-Gate shifter, & AM-FM 8-track. Very good body prep and repaint, modern tape pinstripes added. Modern black plastic windshield wiper arms, wavy replated bumpers, replacement emblems, good original stainless trim. Heavy orange peel on dashboard top repaint, good workmanship on replacement upholstery. Gouge in rear seat close to door. Cond: Sports Car Market

Page 76

Mecum Indianapolis, IN 2-. SOLD AT $56,180. Being offered toward the end of a rather busy Saturday didn't help this car's sale price—even with the neon sign auction a few lots away. While the seller cut the reserve loose at $50k and it went several bids past this, a near equal example in black sold earlier in the day at prime time for $95k (lot S163). #S208-1970 PLYMOUTH ROAD RUNNER convertible. S/N RM27V0G196699. Bright Blue Metallic/white vinyl/white vinyl. Odo: 62,254 miles. 440-ci V8, 3x2-bbl, 4-sp. Per the Chrysler Registry and the fender tag, optioned with Track Pack, power steering, power brakes, bucket seats with console, twin exterior mirrors, gauge pack with Tic-Toc-Tach, Light Group, and AM radio. Two-year-long rotisserie #F190-1975 CHEVROLET VEGA GT Prototype V8 coupe. S/N 1V77A5U108985. Brown metallic/black vinyl, black & white cloth. Odo: 34 miles. 350-ci V8, 4-bbl, auto. Built by Chevrolet Engineering as a test mule for evaluating the merits of a V8 Vega. Seller claims mileage correct since new. Bodywork appears factory, but firewall and underbody have been heavily modified to accept the V8, a TH400 automatic transmission, a narrowed 12-bolt rear axle with a 3.73 Posi, and prototype Monza V8 front suspension. Several Chevrolet driven into the auction arena, the weak batteries couldn't get the Cummins started, so most of the auction staff had to push it out. Bid was in the lower range for the market. #T187-1977 OLDSMOBILE CUTLASS SUPREME coupe. S/N 3J57F7D235947. White/white vinyl. Odo: 69,632 miles. 260-ci V8, 2-bbl, 5-sp. Mostly an unrestored original, including most paint. Hood to cowl molding turning yellow, rest of brightwork in good original condition. Door glass seals starting to crack, passenger's side door needs to be slammed. Interior original and well preserved, plastic front seat belt retainer loops broken off. Offered at no reserve from the late Jack Safro restoration completed in '06 to concours standards. Excellent paint work, with thick flat black masked off hood graphics. Authentic door and panel fit, top quality bumper rechroming. Full reproduction interior soft trim without wear or soiling. Cond: 1-. NOT SOLD AT $160,000. One of 34 Six-Pack Road Runner convertibles, and one of twenty with a 4-speed. Exceptionally nice, but not more than $160k of exceptionally nice. If the consignor doesn't need to dig out from this restoration, he'd be best to sit on the car for a while. #U5-1972 CHEVROLET CORVETTE coupe. S/N 1Z37K2S515222. Elkhart Green/ black vinyl. Odo: 19,510 miles. 350-ci 200-hp V8, 4-bbl, auto. Equipped with a/c, AM/FM radio, heavy-duty battery, and leather interior. Presented with the original Protect-O-Plate, window sticker, purchase contract, warranty booklet, and initial Arkansas registration. Good body prep covered by smooth repaint, good original brightwork. Claimed to have the “high horse” 350, but announced on the block to be Experimental, EPA exemption, and Product Sample labels present, prototype brakes and a/c. Part of the Bob McDorman Collection. Cond: 2-. SOLD AT $34,450. The oddest thing about this equation (aside from GM even thinking about putting a V8 from the factory in a Vega—they must have been pretty desperate to get a trouble-free motor in it) is that it has an older “370 horsepower” 350 in it instead of a then-current V8. Still, this is the father of all V8 Vega conversions, and the only one known to have been done by or escaped from GM. I can't blame Bob McDorman for letting it go at this price, or for his glee in setting a new world record price for a Vega. #U42-1975 DODGE BIGHORN Series CNT950 semi truck. S/N J91HS4T003196. Blue metallic/tan leather. Odo: 2 miles. Original VIN reissued by the state of Illinois on their state-assigned VIN tag. Powered by a Cummins NTC350 turbo diesel with a Fuller Roadranger 13-speed manual transmission. Bare-frame teardown restoration to better-than-new condition, showing minimal wear and with 2 miles since. Original air brake configuration with all new lines and components, brakes on rear axles only. Cab, hood, and aftermarket rear fenders with custom airbrushing. Custom varnished wooden cab floor overlay, modern Bostrom air seats in leather. Cond: 2. NOT SOLD AT $59,500. Not entirely modified, but not entirely stock; call it semi-modified, and the only Dodge that makes a Hummer look puny. The Dodge Bighorn was Chrysler's short-lived (1973-1975) attempt to market a Class-8 truck, with Kenworth and Peterbilt in their sights. With only 261 ever built, this is a Holy Grail for truck collectors. While non-original. Clean and generally well detailed engine, good original interior with some wrinkling and soiling throughout. Cond: 3+. SOLD AT $20,140. On Friday, this was hammered sold at $18,750, but it was re-run on Sunday morning to a slightly higher $19k hammer price. From all appearances, a dealer flipped the car over for a quick couple hundred dollar profit in two days. The original documentation offset the motor swap, but this was still top market pricing on Friday and a lucky sale on Sunday. 78 collection. Cond: 3+. SOLD AT $10,600. While the Olds Cutlass was the best-selling car in the U.S. for 1977 (my, how things have changed in 32 years), this example was the antithesis of nearly all of them. This was Olds's attempt to inject some better mileage into their CAFE numbers, as the 5-speed could only be had with the bottom-of-the-heap 260 V8. However, you would've had to go out of your way to specially order one like this, as an Olds with a stick shift on the lot was like a death wish for a dealer. Something of a '70s time capsule, but still sold exceptionally well. #F207-1988 CHEVROLET CORVETTE Challenge Series racer. S/N 1G1YY2185J5113483. White & red/black cloth. Odo: 8,843 miles. 350-ci 245-hp fuel-injected V8, 4+3 manual. Protofab build number 157-012, roll-cage number 88-164. Campaigned as number 76 in the 1988 series, sponsored by MPS Motorsports and Mobil 1 and driven by Peter Cunningham. Cosmetically restored back to as-delivered condition. No worse than stock repaint, gouge in driver's side forward corner of hood graphics. Passenger's seat torn on inboard seat bottom bolster. Flowmaster exhaust system banged up and getting rusty. Runs out well, like a C4 on steroids. Cond: 3+. SOLD AT $42,400. One of the 56 cars configured for the inaugural year of the series, with its best finish in 1988 being third place at Road America. As part of the McDorman collection, they cut it loose at the end of the bidding. Since they had it as a static museum piece until now, hopefully the new owner will get some track time on it again—even if it is just in touring or exhibition events. ♦ Sports Car Market

Page 80

Bonhams & Butterfields Greenwich, CT Collectors' Motorcars at the Greenwich Concours The highlight of the sale came when 91-year old racing legend John Fitch introduced the the 1952 Fitch-Whitmore Special Company Bonhams & Butterfields Date June 7, 2009 Location Greenwich, Connecticut Auctioneer Malcolm Barber Automotive lots sold / offered 44/89 Sales rate 49% Sales total $4,405,800 High sale 1934 Bugatti Type 57 Stelvio convertible, sold at $419,500 Buyer's premium Fitch recalls glory days with his racing special Report and photos by Donald Osborne Market opinions in italics E nthusiasts who live in the Northeast were delighted to see Bonhams take up residence in Connecticut at the Greenwich Concours d'Elegance for its second annual sale. Between the challenges of weather, site constraints, and the unhelpful Connecticut Department of Motor Vehicles, it is a wonder that Bonhams comes back—with such energy and application. The company has now proven after two years that it can connect in this market; this year's sale showed the fruits of its labor. A large crowd filled the tent on a warm, sunny day— an anomaly in the cool, very wet spring. If I wanted to live somewhere soggy, I'd move to Portland. The typically reserved Connecticut crowd didn't seem in the mood to buy, until the Ted Leonard Collection came up for sale. Nothing lubricates the paddle joints like a fresh-to-market, interesting collection. Mostly pre-war and with film and celebrity connections such as “The Great Gatsby,” “The House of Mirth,” and Clark Gable, all the cars made strong prices, despite being a bit shopworn. The yellow 1928 Rolls-Royce Phantom Ascot Tourer used in the Gatsby film sold for $238k, and Gable's '38 Packard Darrin convertible went to a new home at $282k. The highlight of the sale came when 91-year old motor racing legend John Fitch introduced lot 269, the 1952 Fitch-Whitmore Special. A Jaguar-based race car, it took Fitch to a number of strong finishes in East Coast racing. It was superbly restored and scored an impres- 82 17% up to $100,000, 10% thereafter, included in sold prices sive $403k, the second best result of the day. Pride of place was taken by a 1934 Bugatti Type 57 Stelvio convert- ible, which made $419,500. Also very well restored, but a notable no-sale, was a stunning Siata 208S—the last produced. A multiple award winner, it was finished in an unusual brown color scheme, which was not to everyone's liking. It was bid to $600k—not enough for its SCMer owner. From the sublime to the ridiculous; a light metallic green 1973 Chevrolet Impala four-door sedan failed to sell at $50k. But it was one of the first GM models with air bags and perhaps the last survivor from that run. Still, nobody cared. The 2009 sale rate of 49% was under last year's 53%. However, Bonhams increased dollar volume by 79%, primarily by increasing the number of cars by 81%. The company also raised the average sale price by 6%. A key element was broadening the target audience. The first hint of this was the Ruble in the list of currencies on the screen and the active telephone bids from overseas. Bonhams's Rupert Banner reported that while a good number of cars had been sold to the Northeast U.S., the hammer fell on sales to Japan, the Netherlands, France. and the U.K. Of the cars sold, the common denomi- nator seemed to be sensible estimates and a realistic reserve. Banner noted, “Buyers don't expect to pay more this year than last,” and while a good number of cars from dealers were consigned, most went back home. Relations with the representatives of the DMV did seem improved this year, thanks to the efforts of Bonhams staff to accommodate inspecting state troopers. Challenges which remain are finding a location to allow drivethrough presentation, as well as a bigger tent. Bonhams seems committed to Connecticut; let's see how they do next year. ♦ $1m $2m $3m $4m $5m Sales Totals 2009 2008 2007* 2006* 2005* *Christie's Sports Car Market

Page 82

Bonhams & Butterfields Greenwich, CT ENGLISH #244-1922 GN AKELA 200 Mile racer. S/N 3093. Red & bare metal/olive vinyl & burlap. RHD. Odo: 11 miles. Rough-edged handmade body shows a few wrinkles and small dents. Clean chassis and wheels. Bare interior. #266-1953 JAGUAR XK 120 roadster. S/N S674232. Pastel green/black canvas/green leather. Odo: 58,127 miles. Excellent panel fit, very good paint shows light polish scratches. SOLD AT $85,410. The 1934 Olympia Show car. Some Alvis cars were more flash than dash, but occasionally it all comes together. This was a great looker and had the big 2.7-liter engine, so it's a goer as well. Well bought. Lots of VSCC scrutineering tags from the '90s. Appears sorted and ready to run. Cond: 3-. SOLD AT $128,000. Great cycle-engined racer with Brooklands history. These cars have much more usability in the U.K. than here, but they're great fun and cheap to run. Sold well, but not a bad buy. #224-1928 ROLLS-ROYCE 40/50hp PHANTOM I Ascot Dual Cowl tourer. S/N S304KP. Two-tone yellow/beige canvas/dark green leather. Odo: 72,775 miles. Coachwork by Brewster. Very good panel fit, older paint shows microblistering, fading, staining, and cracking. Bright trim mostly dull, with light dashboard. Cond: 5. SOLD AT $18,135. From the Ted Leonard Collection. At first blush, it's the kind of TC you always wanted—an unmolested collection car. Then you realize it was just an old used car which had been badly stored. The price paid was the start of a very long journey, none of which will be behind the wheel. Well sold. #219-1953 JAGUAR 3½-LITER Special pitting and fading. Seats show a nice patina but are a bit stiff, dash wood is a bit dull. Cond: 3-. SOLD AT $238,000. From the Ted Leonard Collection, the car featured in “The Great Gatsby” film. Wonderfully mellow and nicely used—the description above makes it sound worse than it was. A nice looking Brewster tourer in its own right, and with the provenance, a good buy. Well bought and sold. #264-1934 ALVIS SPEED TWENTY SC Sports tourer. S/N 11896. French Blue/black canvas/black leather. RHD. Odo: 12,375 miles. Coachwork by Vanden Plas. Variable panel fit, with both doors out at forward edge. Good paint shows some stress cracks, touched-in chips, and a bit of orange peel. Very good bright trim, clean interior with recent front seat upholstery. Some dash gauges a bit faded. Running boards removed. Cond: 3+. 84 trim pitted but all there. ID number is engine cylinder head number. Cond: 4-. SOLD AT $26,910. Unusually well-proportioned “special” built on Jaguar 3½-liter running gear. Looked to have suffered in storage, but should be fairly straightforward to resurrect. Well bought and sold. Sports Car Market roadster. S/N W2490. Eng. # W2490. Red/ red leather. RHD. Odo: 42,398 miles. Good panel fit, decent paint shows polish scratches throughout. Bright trim pitted and faded, interior complete, seats have a nice patina. Dash #229-1949 MG TC roadster. S/N TC9862EXU. Red/beige canvas/red vinyl. RHD. Odo: 58,171 miles. Good panel fit. Faded paint dull, rubbed, and chipped in places. Pitted chrome, ancient bias-ply wide whitewalls. Very good seats, dirty dash with very pitted bright trim. '70s Volvo cassette radio hanging under Nice chrome aside from some sub-plating waves on front bumpers. Very good interior. Cond: 1-. SOLD AT $106,470. A former concours winner with fresh paint in great colors. Sold by an SCMer. The best prepared XKs still have no problem selling over $100k. Well bought and sold. #268-1956 ASTON MARTIN DB2/4 Mk II drophead coupe. S/N 3001137. Old English White/black canvas/red leather. Odo: 53,682 miles. Somewhat uneven panel fit and gaps. Very good paint, good chrome consists of both replated and slightly faded original pieces. Very good interior with nicely broken-in seats. Lecarra wood wheel. Cond: 2-. NOT SOLD AT $200,000. One of six built in LHD, nicely done in unexciting colors. Prices of all Astons had a big run up over the past five years, but they now seem to be leveling off. Plus, many don't find these particularly fun to drive. Bid was light, but not by much. #262-1958 MORRIS MINOR 1/4-Ton pickup. S/N OFB477608. Gray/green canvas/ red vinyl. Odo: 12 miles. Very good panel fit and paint, nice chrome, some perished rubber. Nicely done interior has incorrect passenger car seats. Cond: 1-. SOLD AT $18,720. This

Page 84

Bonhams & Butterfields Greenwich, CT slightly over-restored Minor pickup was adorable. With 1,275-cc power, you can actually use it, but not to haul much. I'm told by those who know (and you know who you are) that some of the details were wrong, but you'll never bring it to Pebble anyway. Fairly sold. #250-1965 JAGUAR S-TYPE 3.8 saloon. S/N P234895DN. Navy blue/gray leather. Odo: 71,949 miles. Very good panel fit, shiny paint shows many prep issues. Chrome good to fair, with light pitting on most. Nice seats, dash miles. Good panel fit, except trunk lid up at left rear corner. Nice paint has a few touched-in chips. Very good chrome, except small defect on left rear bumper and scarring on trim. Welldone interior, but steering wheel spokes dull and a bit worn. Period no-brand cassette radio. Cond: 2-. SOLD AT $67,860. Nicely presented Jaguar roadster—the sought-after covered headlight 4.2-liter model. Great colors, but not the original ones. Not a show car, but a terrific driver. Well bought. #205-1971 JENSEN INTERCEPTOR Mk III coupe. S/N 1335486. Silver/beige leather. Odo: 34,957 miles. 383-ci V8, 4-bbl, auto. Very good panel fit and paint, nice bright trim aside from very faded door handles and some polish scratches on rear hatch trim. Interior let down by split in bottom of steering wheel rim cover, slightly soiled seats, and some small cracks in dashboard top cover. Cond: 3+. NOT SOLD AT $28,000. A Chrysler-powered big luxury wood a bit over varnished. Some overspray in door jambs. Artic-Kar a/c fitted. Cond: 4+. SOLD AT $17,550. The S sedan sits somewhat uncomfortably between the sporty 3.8 Mk II and the silky XJ6. They can be a bargain, but this one, bought by an SCMer, was a bit on the high side. #211-1966 AUSTIN MINI Moke beach car. S/N A15B003460L. White/black canvas/black vinyl. Odo: 17,999 miles. Very good paint, with only a few rubs on the left sill. Minimal GT hatchback, and it's rare to see a coupe in decent shape. This one was in great colors, and the wire wheels were a nice touch. Offered by an SCMer, the bid was inches away from the money. A car with the same VIN is listed in the SCM Platinum database at Barrett-Jackson January ‘93, but is shown as RHD and in white. It was a no-reserve sale at $5,250 (SCM# 21888). I don't know anyone who would bother to convert an Interceptor coupe... FRENCH chrome is OK, seats very well done. Cond: 2. SOLD AT $22,230. The great advantage of a Moke is that you will be tempted to use it more than a Jolly and less than a VW Thing. Nicely presented, not overdone. Well bought. #240-1967 JAGUAR XKE 4.2 Series I convertible. S/N 1E15576. Silver gray/dark brown canvas/luggage leather. Odo: 35,029 TOP 10 No. 5 #281-1934 BUGATTI TYPE 57 Stelvio convertible. S/N 57202. Black & yellow/black canvas/tobacco leather. RHD. Odo: 394 km. Very good panel fit, excellent paint marred only by small chip on top of cowl on the left side. Very good interior shows minimal wear. Cond: 1-. SOLD AT $419,500. The top sale of the day. I love the Jean Bugattistyled Stelvio, even though it's not the sexiest open car of the '30s. Very nicely presented, even in a color scheme which is not totally con- vincing. Sold a lifetime ago at Barrett-Jackson Scottsdale in January '00 for $228,960 (SCM# 15354). 80% appreciation in nine years isn't bad, but that can't match an Atalante. GERMAN TOP 10 No. 7 #249-1963 PORSCHE 356 Carrera 2 cabriolet. S/N 157977. Slate Gray/ black canvas/black leather. Odo: 81,614 km. Good panel fit, except right door out at rear edge. Paint a bit thick and in need of a rub-out. Good chrome aside from very worn wiper arms. Some broken window rubber. Fitted with correct but not original 4-cam engine. Interior shows slightly flat seat cushions with perished foam. Later Blaupunkt radio. Cond: 3+. SOLD AT $381,000. A very rare 4-cam 356 in a lovely subtle color scheme. It appeared to be a good honest used car, but you have to hope that the new owner has a spare 4-cam if he wants to use it. Well sold. See the profile, p. 44. #204-1966 MERCEDES-BENZ 200 4-dr sedan. S/N 1100101235850. Dark gray/red MB-Tex. Odo: 4,734 miles. Excellent panel fit, except hood is a bit wide. Very good original paint shows a few small touched-in chips as well as some rash on painted hubcaps. Nice chrome except for light pitting on a couple of door handles. Interior shows light wear on rubber mats and light staining on C-pillar headliner. Cond: 2+. NOT SOLD AT $26,000. A time warp “fintail” Benz sedan with less than 5k original miles. These are delightful cars to drive, as I experienced with my '65 190 sedan. Why someone would keep a low-line car such as this in storage is a mystery, as is what one would do with it now. The bid was light, but not by much. #209-1969 PORSCHE 911E Soft-Window targa. S/N 119210114. Tangerine/black vinyl/ black vinyl & cloth. Odo: 38,619 miles. Very 86 Sports Car Market

Page 86

Bonhams & Butterfields Greenwich, CT An iconic '50s sports car with Fiat 8V power that's been superbly restored to the highest level. Owned by an SCMer. The brown color scheme was not to everyone's taste, but I think it worked. In the current market, the high bid was probably market right. #273-1958 LANCIA AURELIA B24 con- good panel fit, good repaint has a few small touched-in chips. Bright trim shows well, clean interior has some wear commensurate with indicated mileage. Hard top headliner loose and drooping. Later Blaupunkt cassette radio. Cond: 3-. NOT SOLD AT $33,000. Desirable softtop Targa in a great period color. Offered by an SCMer, it seems to be an honest driver—not a car to “restore” though, as you'd be quickly upside down. High bid could have sold it. #267-1971 MERCEDES-BENZ 280SE 3.5 cabriolet. S/N 11102712003542. Silver/navy canvas/navy leather. Odo: 70,942 miles. Good panel fit, somewhat wide and variable panel gaps. Very good paint and chrome, excellent vertible. S/N B24S1509. Red/black canvas/ beige leather. Odo: 85,021 miles. Somewhat uneven panel gaps. Good paint shows some orange peel and a few touched-in chips. Curious body-color painted Talbot fender mirror. Pitting on windshield frame, waviness on grille seats. Becker Grand Prix radio. Cond: 2-. NOT SOLD AT $270,000. Converted by European Auto Sales in '70s, and nicely presented today. Was offered at Bonhams Quail Lodge sale in August '02, where it was a no-sale at $98k (SCM# 28967). Strangely, back then it carried an odometer that indicated 60,132 miles. Now, it's got one which reads in kms. Given the current market, $270k should have done the deal. #272-1973 FERRARI 246 GTS Dino targa. under plating, screw through rear end of right sill molding. Resprayed seats are stiff and a bit cracked. Gauges faded, door trims a bit lumpy. U.S. delivery car. Cond: 4+. NOT SOLD AT $125,000. The more civilized open model of the Aurelia. Looked to be an old driver that had been slightly tarted in recent times. It certainly deserves better. Top examples have proven to be capable of reaching $200k; this high bid was more than appropriate. #288-1966 FIAT 600D Multipla sedan. interior with what appears to be a new steering wheel. Well refinished wood trim. Cond: 2. NOT SOLD AT $98,000. A nicely presented V8 cabriolet in attractive colors. The panel gaps were a bit troubling, and they perhaps held down the bidding. These have been sixfigure cars for quite a while. ITALIAN #261-1953 SIATA 208S barchetta. S/N BS535. Dark brown/tan canvas/brown leather. Excellent panel fit, paint, and chrome. Interior as-new. Only let down by slight soiling on edge of top. Cond: 1. NOT SOLD AT $600,000. aside from light pitting on bumpers. Very good interior. Cond: 3+. NOT SOLD AT $27,000. The world's first and most mini of mini-vans, presented by an SCMer. Nicely done, but not overdone. The Multipla may become the next Jolly, except it's got a top, which is a problem. Could have brought $30k, bid was light. #246-1969 FERRARI 365 GTB/4 Daytona spyder conversion. S/N 12863. Black/black canvas/beige & black leather. Odo: 1,864 km. Very good panel fit, except hood gaps a bit wide. Very good paint shows only light polish scratches, chrome shows some fading and light pitting. Very good interior with nicely broken-in 88 Sports Car Market S/N 100D108129132. White/red & white vinyl. Odo: 13,861 km. Very good panel fit, except left front door slightly out of line at forward bottom edge. Good paint has some touched-in chips and areas of sinkage. Good bright trim on driver's seat and is fitted with later steering wheel. Kenwood stereo, 348 alloy wheels and side mirrors. Cond: 2-. NOT SOLD AT $130,000. It seems strange today to see a Dino “updated” with 348 pieces the way this one was. While nothing was tragic, it would have benefited the seller to have brought it back to stock to sell. As it sat, the high bid should have done the deal. #265-1974 DE TOMASO PANTERA coupe. S/N THPNNE06879. White/black vinyl. Odo: 104 miles. 351-ci V8, 4-bbl, 5-sp. Good panel fit as per factory, very good paint appears to be original. Nice bright trim, black trim slightly faded. Very good interior with some refinishing on steering wheel boss. Cond: 2. SOLD AT $84,240. A true “time capsule” Pantera, as delivered by the dealer in 1975. Why it was saved like this remains a mystery, S/N 04366. Fly Yellow/black vinyl & gray cloth. Very good panel fit, good paint shows two small stress cracks at A-pillar bases and a few areas of overspray. Chrome good except for waviness in front bumpers and pitting on vent window trim. Interior shows some soiling

Page 88

but here it is. Was offered back in January '05 at Kruse's Ft. Lauderdale sale, when it had 99 miles. A no-sale then at $54k (SCM# 36836), it appears to have found its audience. As stock Panteras become harder to find, this is a good yardstick. AMERICAN #212-1903 FORD MODEL A 10hp 4-seat Rear Entrance tonneau. S/N 370. Eng. # 370. Red & black/black leather. RHD. Excellent paint shows only a 3/4” crack in rear left body corner. Unmarked brass. Interior is very good, with slight soiling on front mat. Cond: 1-. NOT SOLD AT $128,000. From the first year visible on right chassis/body seam. Chrome fair to good, with some pitting and loss in areas. Clean interior. Cond: 4-. SOLD AT $183,000. From the Ted Leonard Collection. Believed to have been ex-Malcolm Campbell, with “MC” logos everywhere. An imposing and handsome boattail speedster with an interesting history. Will restore well, and it was priced correctly for market. #274-1932 CORD 812 convertible pha- eton. S/N 1933H. Dark red/beige canvas/beige leather. Very good panel fit, right door slightly out at lower forward edge. Shiny paint shows prep issues in many places, chrome shows of Ford Motor Company production, this was the original Model A. Beautifully restored and presented, and of course London to Brighton eligible. The first production “A” built sold for nearly $700k in 2007 (SCM# 44066) so this seller thought that $160k or so should do the deal here. I happen to agree. #255-1924 PACKARD SINGLE EIGHT 7-Passenger touring. S/N 203150. Plum, black & red/black canvas/black leather. Odo: 43,608 miles. Uneven panel fit, very good paint shows some minor defects. Very good chrome except for single plating flaw on some sub-plating flaws. Very good interior, but seats are slightly soiled, as is soft top. Cond: 3+. NOT SOLD AT $165,000. This non-supercharged 812 had an older restoration that was starting to come undone. Still very attractive from a few feet, it would make a nice tour car. High bid should have done the deal. #206-1937 CORD 812 Beverly 4-dr sedan. left headlight. Excellent interior. Fitted with Trippe Speedlights. Cond: 2. NOT SOLD AT $75,000. A great deal of money seemed to have been spent on this car, but the final attention to detail was lacking. It would be quite sharp with a bit of work, and I'd think it would then attract the kind of money the seller wanted. #226-1928 AUBURN 115S boattail speedster. S/N 2849569. Red/dark red leather. RHD. Right door out at rear edge, other panel fit good. Older paint shows some wear, especially at seams and gaps. Flaking and some rust Sports Car Market S/N 31839S. Yellow/two-tone green cloth. Odo: 55,197 miles. Good panel fit, left front door out at front edge. Shiny, somewhat thick paint shows some stress cracks and uneven color matching. Delaminating windshield and vent wings. Largely original interior shows moth damage on front seat and headliner, wear on dash panel. ACD Category 1. Cond: 4. SOLD AT $87,750. A former ACD Museum car, offered by an SCMer. Although done up in

Page 90

Bonhams & Butterfields Greenwich, CT a fairly scary shade of yellow, it was a straight, honest car which deserved a good restoration. However, at the price paid, it's not likely to be financially prudent for the buyer to do so for quite a while. Well sold. #222-1938 PACKARD EIGHT convertible victoria. S/N A309389. Black/beige canvas/ dark red leather. Odo: 1,353 miles. Coachwork by Darrin. Very good panel fit, except right door out at forward edge. Older paint shows microblistering and some stress cracking but remains shiny. Except for replated bumpers, chrome is fair to good. Very good interior shows wear on gear lever and handbrake handle. Cond: 4+. SOLD AT $282,000. Ex-Clark Gable, from the Ted Leonard Collection. Convertible Victorias are all stunning cars, and its no wonder that car-guy Gable, the Leno of his time, would have one. Since it's been repainted and retrimmed, there's no reason not to restore it, as it deserves. Well sold. #285-1938 BUICK SPECIAL convertible. S/N 13352342. Yellow/black canvas/red leather. Odo: 1,053 miles. Variable panel fit. Good paint shows some prep issues as well as a few rubs and stains. Bright trim just OK. Interior shows some wear, with sagging and puckering in door panels. Fitted with sidemount spares. wheel. Cond: 2+. SOLD AT $403,000. Jaguarengined racing special designed and built by legend John Fitch for Coby Whitmore. Raced in period, ex-Joel Finn Collection. Restored in 1991, with current VSCCA log book. Still stunning and for me the star of the sale. Well bought and sold. #214-1957 NASH METROPOLITAN Cond: 3-. NOT SOLD AT $42,000. These immediate pre-war Buicks are lovely, nicely designed, and well made. This one's an older driver-level restoration, and as such it looked a bit tired. Someone either had buyer's remorse or was looking to flip, as it was seen at RM's Phoenix sale in January '09, where it sold at $44k (SCM# 119061). One mile later, here it is across the country. Mid forties is the value here. #233-1942 FORD SUPER DELUXE Woody wagon. S/N 186833369. Dark gray metallic & wood/brown rexene/brown vinyl. Odo: 25,981 miles. Very good panel fit, as coupe. S/N E39612. Yellow & white/black & white check fabric. Odo: 10,287 miles. Variable bag equipped, comes with unmounted second system. Cond: 3. NOT SOLD AT $50,000. From the first year of GM cars equipped with air bags, this Impala may be the last one left. Being offered by the owner who wished to raise funds to continue the “battle” against the motor industry for safety advancement. I wonder if the system still works? No one apparently cared enough. ♦ per factory. Very good paint, well finished wood now needs a bit of detail attention. Most chrome good, some loss of plating on rear bumper. Excellent interior let down by light pitting on radio faceplate. Cond: 2-. NOT SOLD AT $95,000. Ex-Nick Alexander Collection. Rare late pre-war woody, elegant in gray. The seller stated the wood is original inside and out, and it looks it. Sold back in April '93 at the World Classic Danvile, CA, auction for $32k (SCM# 11921), and only 3,000 miles have been covered since. Given the rarity and quality, the bid here was certainly $15k light. TOP 10 No. 6 #269-1952 FITCH-WHITMORE LE MANS SPECIAL roadster. S/N 79456. Navy blue/blue leather. Odo: 853 miles. Excellent panel fit and paint, seats have great patina. Fitted with Lecarra wood webbing as well as some scars and soiling on side panels and glovebox door. Former NCRS winner. Cond: 2+. SOLD AT $111,150. A great color combination in a desirable spec C2. Very strong price for spec and condition, and well sold in the current market. #234-1973 CHEVROLET IMPALA 4-dr sedan. S/N IL69K3D800823. Green metallic/dark gray cloth. Odo: 22,991 miles. 350-ci V8, 2-bbl, auto. Good panel fit, as per factory. Recent repaint shows well. Fair chrome, very good seats, vinyl interior panels slightly warped, woodgrain trim faded and soiled. Air panel fit, as per factory. Well-applied paint shows a few chips, with rust starting in them. Chrome varies from very good to poor. Good seat slightly baggy, dashboard dull. Cond: 4+. SOLD AT $16,380. These almost terminally cute cars have begun to appear more often at auction, sometimes in great condition, and sometimes not. This one is the latter. If you're going to go for a Met, you're better off with a drop top. Well sold. #243-1966 CHEVROLET CORVETTE convertible. S/N 194676S120140. Nassau Blue/black vinyl/white leather. Odo: 32,171 miles. 427-ci 425-hp V8, 4-bbl, 4-sp. Very good panel fit and paint. Chrome generally smooth except for pitting on vent window frames. Interior appears original, with worn seat belt 92 Sports Car Market

Page 94

Cox Auctions Branson, MO The Branson Auction The presence of the Duesenberg undoubtedly aided the sale of a 1931 Packard 840 Roadster and a 1914 Peugeot 145S Torpedo Tourer Company Cox Auctions Date April 17–18, 2009 Location Branson, Missouri Auctioneer Tom “Spanky” Assiter & Mark Gellman Automotive lots sold / offered 138/272 Sales rate 51% Sales total $4,031,455 High sale 1933 Duesenberg Model J Franay Touring sedan, sold at $777,600 Buyer's premium Duesenberg stole the show in Branson Report and photos by Chuck Leighton Market opinions in italics position as one of the premier Midwest auction houses. While some regional auctions are strug- I n the midst of market turmoil and instability, the Branson Auction managed to hold the highest grossing sale in its 29-year history and reinforce its gling to keep sales figures near what they were during the peak of muscle car popularity, the Branson Auction has for several years taken a different path, focusing on classics, European sports, and original Americana from the 1950s and '60s. Certainly the star of the show was the ex-Countess Branson, MO original condition sold for market-correct prices, while modified cars all failed to meet reserve. The most notable sale in this category goes to the fuel-injected 1957 Chevrolet Bel Air convertible that hammered down at $108k, proof that blue-chip collectibles can generally be counted on to bring the money they deserve, regardless of market instability. More affordable options were also present, as a Vintage Chevrolet Club of America Senior Award-winning 1954 Chevrolet 210 Deluxe sold for the bargain price of just $24,500. As typified by the attention the top mechanism of a 1957 Ford Skyliner got as it went through its paces Porceri, a.k.a. “Queen of Diamonds” Duesenberg, situated in the corner of the ballroom, eyed by all in attendance. The car's appeal was obvious, and auction house employees were happy to smile and answer questions, while older gentlemen could be heard telling stories of J365's past. The presence of the Duesenberg undoubtedly aided the sale of other Full Classics, including a 1931 Packard 840 roadster, an AACA National First Prize winner, and a 1914 Peugeot 145S torpedo tourer, thought to be the only example known to exist. As is the norm in Branson, 1950s domestics had a definite impact on sale results. The results of Tri-Five Chevrolets showed that every single car restored back to 96 on the auction block, it was clear the excitement in the room grew each time a no-excuses 1950s car crossed the block. What cannot be portrayed in sales percent- ages and dollar amounts is the improvement in overall presentation, quality of consignments, and attendance over the September 2008 sale. The presence of multiple CCCA first prize winners, the Duesenberg, and close to 300 cars crossing the block helped the Branson Auction pack the Hilton Convention Center to standing room-only capacity. The Assiter auction company and crew brought their typical excitement and professionalism along, and combined with the top-flight consignments, made this the biggest and most successful sale in Branson to date. ♦ $1m $2m $3m $4m $5m Sales Totals 2009 2008 2007 2006 2005 8%, included in sold prices Sports Car Market

Page 98

Cox Auctions Branson, MO ENGLISH #573-1936 ROLLS-ROYCE 25/30hp limousine. S/N GRM30. Gray, blue, & black/ black leather & tan cloth. RHD. Coachwork by Cockshoot. A local barn find car in remarkable preserved condition. Loads of patina throughout. Older lacquer holding up well, aside from small bubbles on alloy rear fenders. Interior appears mostly original, with recently dyed front leather seats and good wood throughout. Engine compartment shows signs of recent use, #551-1953 MG TD roadster. S/N XPAGTD228258. Red/tan cloth/red leather. Nice repaint appears fresh, aside from cracks on rear driver's side fender. Wind wings scratched, windshield is not. Good newer carpet, nice leather seats, crooked gauges have small bits of dried rubber behind the glass, and incorrect screws were used throughout. Engine seems to with lots of pieces masked off and repainted. Displayed at the 1936 Olympia Motor Show in England, documentation including original build sheet included. Cond: 3-. SOLD AT $27,500. This Roller had all the right ingredients: a wonderful patina, interesting documented history, and tasteful colors that have stood the test of time. It was a bit too nice to restore, and if it were up to me, it would be used as-is in its preserved state. An excellent opportunity to own an unmolested full classic you wouldn't be afraid to drive. #583-1951 BRISTOL 401 coupe. S/N 401909. Green/gray leather. RHD. Missing paint, bent grille, dented chrome, and many other problems on an exterior in need of complete refurbishment. Interior dirty and was replaced at one time, seats are still usable. Incorrect Ford Falcon straight six with hokey manifold modifications to fit twin SUs is spooky at best. An interesting, rare coupe in need of complete run out well with no smoke, but carbs leak a bit of gas. Obviously a closed-door restoration. Cond: 3. SOLD AT $22,000. Last seen here in October '05, where it sold at $19,610 (SCM# 39621). A well-aged checkbook restoration of a sound looking TD. A good driver-quality car overall, but it makes me wonder what mechanical gremlins were lurking underneath the shiny red paint. Lucky for the buyer, these cars are cheap and simple to maintain. The shadetree mechanic's dream. #589-1953 JAGUAR XK 120M coupe. S/N W6954485. Blue/gray leather. Odo: 60,043 miles. Show-quality paint over a laser-straight body. Hood fit slightly off, passenger's window frame hangs when door is opened. Beautiful interior and dash aside from twisted gauges. M-spec cylinder head-equipped engine well detailed and fitted with late 1970s Lucas sport restore, excellent wood throughout. Engine bay well detailed, with a rebuild that cost $5k in parts alone. Receipts document everything. A better-than-average Bentley in turnkey condition. Cond: 2+. SOLD AT $43,200. Known as the “big bore, big boot” sports saloon. For a buyer wanting one of the nicest early post-war Bentleys available, this was the car to have. All the expensive work had been done, and the only thing left in my opinion would be small stuff that pops up during use. An educated buyer knew that money saved on purchase would be paid back twice in repairs. A great deal for both parties. #575-1961 JAGUAR XK 150 drophead coupe. S/N BS838414. British Racing Green/ tan canvas/tan leather. Odo: 28,146 miles. Beautiful BRG repaint over a mostly straight body. Excellent panel gaps, slight waviness around front fender vents. Chrome wires clean, but not on the inside. Excellent and correct Connolly hides, nice carpet shows some wear restoration. Cond: 4-. SOLD AT $16,200. I thought this was a seriously interesting car. Originally fitted with a 2-liter inline six BMWbased engine, and airplane-style design cues were evident even in the details, such as the recessed door handles and a streamlined tail. Purists will balk at the Ford engine, at least until they see its relatively inexpensive rebuild charge compared to the BMW unit. A decent deal, even considering the needs noted. 100 coil. Cloth wiring harness wrap damaged here and there from pressure washing. A very shiny and fresh XK 120. Cond: 3+. NOT SOLD AT $75,000. Obviously a car that was restored and immediately parked. The old wiring harness and leaky carbs showed that it had not been restored completely, and potential buyers likely assumed that other mechanical problems would arise. Just a tired old girl with fresh makeup. #590-1953 BENTLEY R-TYPE saloon. S/N B84HT. Silver & maroon/maroon leather. RHD. Complete interior, exterior, and mechanical restoration over the last five years. Show-quality paint and chrome appears asnew. Beautiful interior required nine hides to along a few seams, aftermarket speakers fitted to rear deck. Beautiful twin SU-equipped engine shows signs of recent use and maintenance. Cond: 3+. NOT SOLD AT $62,500. XK 150s are preferred by some over the earlier cars due to better ergonomics and the ability to accommodate drivers over six feet. This car was lovely, and although it could have used a few small things here and there, it was really excellent overall. The seller was wise to hold on to this one for another day. GERMAN #621-1983 MERCEDES-BENZ 380SL convertible. S/N WDBBA45AXDB027844. Silver/black canvas/gray MB-Tex. Odo: 136,321 miles. Paint and rust issues repaired, nice high quality paint shows small evidence of filler around passenger's headlight. Interior well detailed, aside from light bolster wear to driver's seat and tiny dash cracks. Engine bay Sports Car Market

Page 100

Cox Auctions Branson, MO with driverquality detailing, new oil filter is a nice sign. Cond: 3. SOLD AT $8,370. Last seen here in September '08, where it sold for $6,156 (SCM# 117826). The 380SLs are the slowest of the bunch with only 155 horsepower, but they are also the most well balanced due to an alloy engine block. The cautious seller might have broken even or close to it here, depending on the cost and quality of the paintwork, and bean counting was obvious due to the fact that the wheels still needed to be resprayed. Somebody's wife must have enjoyed this one for a few months before passing it along. #636-1984 PORSCHE 944 coupe. S/N WPOAA0940DN457018. Guards Red/black leather. Odo: 76,955 miles. Claimed original mileage. Paint appears original and is burned through at edges. Lots of touch-ups to nose, sunroof rubber damaged from careless buffing. Inside appears mostly original and still looks good aside from dry leather, cracked dash, and warped seat bolsters. Engine bay tidy with new intake boot, no mention of a clutch or timing Engine bay very clean but shows signs of use. Cond: 2+. SOLD AT $46,440. Thought to be one of less than 100 in existence. Jollys have been gaining value for a while now, and the seller picked the right time to consign as this was the beginning of summer. A good deal for both parties. #582-1994 FERRARI 348 ts convertible. S/N ZFFRG43A7R0097100. Yellow/black cloth/black leather. Odo: 12,907 miles. Car card claims 46k miles and new timing belts 12k miles ago. Exterior shows a car that was put away wet, with key scratches around door handles, rock chips, and wax buildup. Interior wear to seat bolsters reinforces the mileage where to start with this one, as it looked like it was done by a VoTech class full of students with vision problems. The bodywork here had never seen sandpaper that wasn't on the bottom of a D/A. A good price as long as you don't mind flaws up close. #563-1927 PIERCE-ARROW MODEL 80 roadster. S/N 8018075. Yellow & tan/tan cloth/brown leather. Odo: 18,909 miles. A former museum car with paint and chrome far above museum standards. Aging whitewalls, lightly soiled top. CCCA sticker from 1970 on windshield. Well aged interior shows some wear, but nothing big stands out. Good engine belt replacement. Just an old driver-level 944. Cond: 3-. SOLD AT $5,400. Serious buyers rule out the early cars due to the 924 carryover dash and lower horsepower. This really wasn't the car to have, as it just seemed a bit rough around the edges for anything more than a very nice driver. It will cost the buyer big money to play at PCA events, and one can only guess what kind of maintenance issues were lurking inside. Have fun changing the clutch (or paying for it). ITALIAN #525-1960 FIAT JOLLY beach car. S/N 673924. Metallic green/wicker/wicker seats. Claimed complete mechanical and cosmetic restoration over the last two years. Beautiful fresh paint with very few flaws evident, wicker seats and top appear to be in as-new condition. 102 claim, kind of edgy throughout the interior. Engine bay is far from concours standards but shows signs of maintenance. A high mileage Ferrari. Cond: 3-. NOT SOLD AT $42,000. This car had all the red flags raised for educated Ferrari buyers: mileage issues, obvious deferred cosmetic maintenance, worn interior, and a grubby engine bay. The seller should rethink his pricing strategy, as this should have been enough to get the job done. AMERICAN #523-1916 DODGE MODEL 30 roadster. S/N 114332. White & black/black canvas/black leather. Odo: 4,855 miles. Dodgy repaint over lumpy, cracking Bondo shows wet sanding marks and recent vinyl pinstripes. Engine looks like it was pressure washed with rattle can silver, but recent attempts have been made to rectify this mistake. Interior clean and showing a nice patina. Just an old museum piece that's no longer nice enough for a museum. Cond: 4. SOLD AT $9,828. Claimed to have been used by General Pershing during his Mexican expedition in pursuit of Pancho Villa. I don't know bay still shows well, with new vacuum tank and recently rebuilt carburetor. Obviously loved for many years. Cond: 2-. SOLD AT $66,960. Pierce-Arrow introduced the highly successful Model 80 in 1924 as a low-cost alternative to the Model 33. This is the kind of Full Classic to buy, in my opinion, as it was just a nice old car that still stood tall despite having been restored many years ago. #566-1931 PACKARD 840 roadster. S/N 191299. Orange & brown/tan cloth/brown leather. Odo: 8,174 miles. AACA National First in 1979. Older, show-quality repaint still shows well, aside from small chips on panel edges and splotchy discoloration in brown surfaces. Excellent interior with nicely worn seats Sports Car Market

Page 102

Cox Auctions Branson, MO surrounded by wonderful wood and gauges. Engine bay clean, with some small signs of use and maintenance. A well-executed, well-aged Full Classic that's just a bit too worn for the big shows. Cond: 2. SOLD AT $189,000. One of only 154 produced. This car was hard to take your eyes off of, and it had a nice light patina throughout. Really a good deal for both parties. The buyer picked a car with an older over-the-top restoration that has aged well and will continue to do so. TOP 10 No. 4 #581-1933 DUESENBERG MODEL J Touring sedan. S/N 2385. Eng. # J365. Maroon metallic/cream leather. Coachwork by Franay. Older driver-quality restoration shows blends and is buffed through in a few spots. Fresh bolts reveal recent rear fender removal. Interior very nice overall but not quite show quality, great wood and gauges. Well detailed and polished engine bay is great at first glance but shows its years of storage down low. Aged whitewalls spotless outside, This one just needed too much to be usable. The wood looked good, but all the seams were coming apart due to old age. You could just tell that it had sat for years unused, as nothing appeared fresh. Maybe it's time for a different color scheme? Just no money in the room for this one. #524-1955 CHEVROLET NOMAD wagon. S/N VC55J135250. Red & beige/red & white vinyl. 265-ci V8, 2-bbl, auto. In the same family for the last 40 years, restored in the early 1980s. Nice respray over a good rust-free body shows checking all over due to age. Interior appears about the same vintage and has obviously been cared for well. Correct oil bath air factory warranty replacement or a bitsa car? Either way, the right colors, the right options, and the right buyers were all present. A bargain in my opinion. #528-1958 PACKARD HAWK coupe. S/N 58LS1381. Red/tan leather. Odo: 75,310 miles. 289-ci supercharged V8, auto. Very nice respray with little orange peel and some wax buildup in the cracks. Rear fin aluminum trim glued on and shows big bubbles underneath. Very nice interior appears a little too fresh, good carpet, crooked gauges. Engine bay has the correct grubby inside. A mid-'70s restoration to driver quality detailed within an inch of its life. An amazing presentation. Cond: 3+. SOLD AT $777,600. Last seen at Christie's Pebble Beach sale in August '01, where it sold at $380,000 (SCM# 23283). The most expensive car ever sold in Branson, and certainly the star of the show. People were drooling over this all weekend, and once it rolled onto the auction block, the bidding jumped to $700k almost instantly. The few supporting six-figure Full Classics no doubt helped bring the money to the room. #568-1948 PACKARD Woody wagon. S/N 22934092. Maroon/brown vinyl. Odo: 80,670 miles. Some wood delamination, single-stage paint appears nice at first glance but shows a few small issues up close. Cloudy gauges, dingy chrome, nice seats and carpet. Engine bay is driver quality and appears to have been unused for some time. Seems to run out well. An old museum piece destined for a new museum. Cond: 4. NOT SOLD AT $32,500. cleaner and 1955 intake manifold on a stock but budget-maintained engine compartment. Lots of patina but still very presentable. Cond: 3-. SOLD AT $47,520. This was the Nomad to have in my book, as it had ownership history, a decent condition, and the right color combination. It could be stripped and repainted, but why bother? I wouldn't be afraid to just drive it as it is. The seller should be jumping for joy, and the buyer got a unique piece. #595-1957 CHEVROLET BEL AIR convertible. S/N VC58B186830. Red/white vinyl/red & silver vinyl. Odo: 1,062 miles. 283-ci fuel-injected V8, auto. Nearly perfect show-quality paint over straight, smooth bodywork. Fitted with dual antennas, spotlight, and factory Continental kit. Driver's door chipped from contact with spotlight. Produced in early '57, but the injection unit has a late '57 number. Interior holes cut out of the core support but is missing hose clamps for supercharger piping. An interesting alternative to a Studebaker. Offered at no reserve. Cond: 3+. SOLD AT $38,880. One of 588 rebadged Studebaker Golden Hawks sold in the last year for Packard. This car was a very nice driver that needed a bit more work, and I can't imagine the supercharger producing boost without the clamps. Still, not a bad deal if this is your cup of tea. The most expensive no-reserve sale this year in Branson. #550-1959 CHEVROLET CORVETTE convertible. S/N J59S107735. Inca Silver & white/black vinyl/red leather. Odo: 92,953 miles. 283-ci 245-hp V8, 2x4-bbl, 4-sp. Rough door jambs, masking lines and paint chips show this restoration's age. Instrument panel didn't fit after dash was redone and obviously has been excellent, aside from lightly pitted door handle chrome and ill-fitting dash trim left of steering column. The quintessential Tri-Five Chevrolet. Cond: 2+. SOLD AT $108,000. I would have rated this car higher if not for the grungy convertible top and the questionable numbers on the fuel injection system. Was it a 104 forced into place. Nicely done hard top headliner, checkbook interior restoration, once-nice engine bay has fuel-stained carbs and stickers damaged from pressure washing. A tired, mediocre Corvette. Cond: 4+. SOLD AT $62,100. This Corvette was really in need of a complete redo, as everything was aging and some of it not too well. It's hard to believe this car would bid higher than the '62 fuelie that was bid to $45k here. The seller just got all the money in the world. #572-1963 CHEVROLET CORVETTE coupe. S/N 30837S109818. Eng. # 3109818F0219RF. Red/black leather. Odo: Sports Car Market

Page 104

Cox Auctions Branson, MO 6,023 miles. 327-ci 360-hp fuel-injected V8, 4-sp. Nice, older exterior renovation, lightly pitted bumpers and ill-fitting back glass trim. Mediocre interior with many original parts, yellowed courtesy lights, masking lines visible around gauges. Recent carpet and vinyl looks great but just doesn't quite fit right. Mismatched hose clamps and Armor All under the hood aren't outweighed by a correct Delco battery. Cond: 3+. NOT SOLD AT $80,000. This Corvette would have done much better with some small details taken care of. The bent trim at the rear windows would probably be expensive to replace, but it was one of many little things that added up to make this just an expensive driver. The seller would have been wise to cut it loose, as this was all the money for this one right now. #624-1966 DODGE CORONET 440 con- vertible. S/N WH27D67196311. White/black vinyl/black vinyl. 318-ci V8, 2-bbl, auto. Tired, amateur, older repaint with fisheyes, dirt, and masking lines everywhere. Chrome scratched and dented, glass unmarked. Interior carpet and trimmings appear to be original, seats make time but is still holding up well. Dirty chrome, dirty pedals, fading whitewalls. Engine bay is correct and shows signs of use, with fuelstained carburetor. A nice old hard top in need of some serious scrubbing. Cond: 3-. SOLD AT $5,400. This was the first year 300 models were not also described with a letter. This one was obviously sent to auction without the care some cars get, but buyers still took notice of this one and bid the car above the $5k mark. A good deal for an entry level classic with room for the whole family. #564-1967 CHEVROLET CORVETTE convertible. S/N 194677S120336. Red & white/white leather. Odo: 35,162 miles. 427-ci 435-hp V8, 3x2-bbl, 4-sp. Displayed with floor mirrors that show someone didn't attach the driver's side sway bar link correctly, as bushings and washers are out of order. Professional repaint chipped from door fit issues and burned through on the headlight bucket edges. New leather, new carpet, good gauges. Very nice front wheelarches. Rattle-canned semi flat black underneath, checkbook interior restoration, paint runs visible on top bows. Ram Air hood and air cleaner decals fitted, but no Ram Air setup is installed. Needs more detail work to be a 3+. Cond: 3-. SOLD AT $31,320. This car left a lot of questions unanswered. Although the Nickey Chevrolet name was tossed around, no real documentation was presented, and it probably would have been better just left out. What's with the Ram Air stickers and no Ram Air setup? Just a driver or local car show winner here, nothing special. #537-1971 PONTIAC GTO 2-dr hard top. S/N 242371Z134413. Black/tan vinyl. Odo: 83,933 miles. 400-ci V8, 4-bbl, auto. A 242code GTO with add-on “Judge” stripes and chrome 18-inch wheels. Mediocre repaint is showing its age around the body seams. Dented rain gutters, scratched and delaminating glass. Interior is on its last legs, with all chromed this car a poster child for the Armor All corporation. Dingy, greasy engine bay. A 25-footer. Cond: 3-. SOLD AT $10,260. 1966 Coronets are often overlooked by collectors due to the fact that they were underpowered compared to the 1967 models. This was an inexpensive entry into the world of full-size domestic convertibles, and if the buyer just wanted something he could put away wet, this was well bought. For any other purpose, I would run and hide. #238-1966 CHRYSLER 300 4-dr hard top. S/N CM43G63320106. White/black vinyl. Odo: 53,141 miles. 383-ci V8, 4-bbl, auto. Very nice older repaint in white looks great, light overspray is uniform on all glass. Interior appears to have been untouched for quite some and correct engine bay appears fresh and shows little signs of use. Serious eye appeal from every angle, but with a few small needs. Cond: 2. NOT SOLD AT $85,000. The mirrors were a nice touch but only showed the cautious buyer that this one was put together for show. Seeing the sway bar bushings out of order makes me wonder what else was rushed at the last minute. What can be expected from a restorer who makes a mistake that will affect roadability and resale? Corvette buyers know what they're looking for at this level, and this wasn't it. #543-1969 PONTIAC FIREBIRD con- vertible. S/N 223679L111135. Red/white vinyl/black vinyl. Odo: 84,099 miles. 400-ci V8, 4-bbl, auto. Fitted with hood-mounted tach, Hurst shifter, and Goodyear Polyglas tires. Supposedly was owned by Nickey Chevrolet CEO. Good repaint is nice and smooth, aside from evidence of filler around plastic peeling and flat seats in need of new foam. Lots of old undercoat and road grime underneath. An old driver spruced up for auction. Cond: 4+. SOLD AT $17,280. The seller took an old, tired GTO and added some shiny wheels and a stripe kit to make an auction queen. It'll make a decent driver, but even so, this was all the money for this car in this market. #514-1972 CHEVROLET CAMARO Z/28 coupe. S/N 1Q87L2N136579. Red & black/black cloth. Odo: 81,631 miles. 350-ci V8, 4-bbl, 4-sp. A real deal Z/28 with Positraction, Muncie 4-speed, and F41 suspension. Professional repaint very fresh, with leftover masking tape between passenger's door and front fender. Still has wet sanding sludge behind rear bumper. Fresh carpet and seats, new trunk kit, dash chrome peeling, glass scratched in places. A very nice driver with lots of curb appeal. Cond: 3+. SOLD AT $19,440. One of only 2,575 produced in 1972 due to 106 Sports Car Market

Page 106

Our Cars 1964 Volvo PV544 untouched for years, with lots of surface rust and old worn-out belts. Cond: 3. SOLD AT $10,260. Shiny paint disguising an old dog. Obviously the seller knew this wasn't anything special and took a no-reserve gamble. This one probably needs mechanical attention, but parts are cheap and the paint was already done. #335-1982 CHEVROLET CORVETTE Owner: Sports Car Market Purchase Date: November '07 Price: $5,000 Mileage Since Purchase: 2,056 Repairs Since Purchase: $4,095, details below My introduction to old Volvos took place when SCM bought its white 122S a few years ago—a car which almost immediately left me sitting on the side of the road with a broken fuel gauge, empty fuel tank, and rust-clogged carburetor. So when SCM bought an even older 544 from the 78 year-old who had owned it for 40 years, I was instantly skeptical of its reliability, despite assurances otherwise. “It's so simple… what can go wrong?” Sure. One of the first fixes was a new recalibrated sending unit and fuel gauge for the tank, as “Full” didn't actually read “Full,” and the gauge needle seemed to have a very active mind of its own. A front suspension and brake rebuild followed at Portland's Line-Up Shop, with parts sourced by Olof at Vintage Import Parts in Canada. The first ones looked right but didn't fit, and he sighed and said they were part of a bad batch and immediately sent correct replacements. Soon after installing modern three-point seatbelts in the front and new lap belts in the rear so Publisher Martin's baby Bradley could ride in his car seat back there, some dodgy wiring under the dash developed into what Executive Editor Paul Duchene not-so-lovingly referred to as “fainting goat syndrome,” in which all of the car's electrical components, including the ignition, would die, suddenly, and for no conceivable reason. As if the coldwar Russians had detonated one of those radiation bombs we grew up hearing about. After a few months of head scratching and several instances of holding up traffic, we took the car to Bart's Swedish Formula in Portland to have the wiring sorted and the original (and totally shot) clutch replaced. Soon after that, we returned to Bart when a completely full fuel tank would leak into the trunk and onto the ground. Plus, the mechanical advance mechanism in the distributor was frozen solid. Both items are now repaired. After 21 months of ownership and $4,095 spent on parts and repairs, it finally feels completely sorted, and I'm no longer afraid to drive it—as long as I have a chase car or my cell phone with me.—Jim Pickering ♦ 108 Sports Car Market labor strikes and the energy crisis. For someone wanting a nice second-generation Camaro, this was the one to have in Branson this year. The right car, the right colors, the right price. A good deal for both parties. #254-1973 FORD MUSTANG convert- ible. S/N 3F03H189513. Red/black vinyl/white vinyl. Odo: 1,513 miles. 351-ci V8, 2-bbl, auto. Mediocre paint still shines but shows its age. Yellowed door panels, nice seats, lots of chromed plastic either peeling or missing. Not too much to be desired under the hood, aside from a seemingly good running engine that doesn't smoke on start up. Just a nice driver here. Cond: 4+. SOLD AT $15,120. 1973 was the last year a Mustang convertible was available until 1983. Although this Mustang was lacking in some areas, it still caught the attention of buyers, probably due to the fact that it was a red convertible for sale a few weeks before the start of summer. Add an entry level price tag and you've got a car sold. A good deal for both parties. #280-1980 CHEVROLET CORVETTE coupe. S/N 1Z876AS424891. Red/black leather. Odo: 71,494 miles. 350-ci 230-hp V8, 4-bbl, auto. Fitted with glass T-Tops and factory a/c. A three-owner car from new. Nice repaint could use a little more wet sanding, interior needs to be scrubbed and seats should be recovered. Driver-quality engine bay looks to have been Engine bay mostly original and shows dirt and wear that support claimed mileage. An old original that could really use a repaint. Cond: 3-. SOLD AT $10,530. A good color combination, but nothing special really. Just an honest old Corvette that was probably in the same hands for a long time. Does the original paint really help? Good deal for the seller, as this Corvette will need a lot spent soon. #521-1988 CHEVROLET CORVETTE coupe. S/N 1G1YY2187J5100881. Maroon/ black cloth. Odo: 85,392 miles. 350-ci 245-hp fuel-injected V8, auto. Paint shows rock chips all over the nose, compound in the cracks, and is buffed to almost nothing. Interior OK but shows lots of bolster wear and aftermarket coupe. S/N 1G1AY8784C5116728. Red/red leather. Odo: 88,057 miles. 350-ci 200-hp fuel-injected V8, auto. Claimed original paint has been buffed to almost nothing, with lots of burned edges and a few light stress cracks. Good original interior shows light wear and is let down by stretched leather on steering wheel. speaker grilles in the doors. Driver-quality engine bay with aftermarket remote battery cutoff switch and some dry-rotted hoses and belts. A used car. No reserve. Cond: 4+. SOLD AT $9,180. This Corvette wasn't really too appealing considering the price, as it had lots of hard miles and a color scheme that hasn't weathered the test of time. The buyer did manage to get into a Corvette under $10k, but he'll spend a bit more before this one is ready for a lot of use. The seller took a gamble and hit a home run. ♦

Page 108

Bonhams & Butterfields Carmel Valley, CA The Quail Motorcycle Gathering High sale was the super-rare 1950 Vincent Series C “White” Shadow. One of just 15 produced, it brought $111,150 Company Bonhams & Butterfields Date May 9, 2009 Location Carmel Valley, California Auctioneer Malcolm Barber Motorcycle lots sold / offered 49/74 Sales rate 66% Sales total $889,844 High sale 1950 Vincent Series C “White” Shadow, sold at $111,150 Buyer's premium Perfect atmosphere for a bike sale at Quail Lodge Report and photos by Ray Nierlich Market opinions in italics B onhams & Butterfields CEO Malcolm Barber faced an unusual problem this spring. He had a successful auction that had suddenly become homeless. For the past three years, B&B held a motor- cycle sale at the Legend of the Motorcycle show Half Moon Bay, California. This year's event was canceled, but luckily Barber had a fallback—Quail Lodge in Carmel Valley. B&B already holds an auction at the Quail in August, and it's one of the more memorable vintage auto events of Monterey Car Week. So the groundwork was already in place for the inaugural Quail Motorcycle Gathering. Billed as a weekend ride, celebrity meet and greet, vintage show, and “A Sale of Exceptional Motorcycles and Related Memorabilia,” there was a little something for every fan of two-wheeled motion. Most car and motorcycle enthusiasts are used to re- markable claims that often fall short, but B&B and Quail Lodge pulled off an exceptional event. While the auction was not large, the quality and variety of entries were spectacular. High sale was the super-rare 1950 Vincent Series C “White” Shadow. This bike, which was one of just 15 produced, brought $111,150. Steve McQueen's 1963 Triumph Bonneville desert sled sold, complete with dirt and dings—not to mention numerous modifications by another famous motorbike guy, Bud Ekins (of the jump in “The Great Escape”). The $84,240 price proved McQueen's legend still has drawing power. 110 17% up to $100,000, 10% thereafter, included in sold prices were looking for a centerpiece for a vintage Japanese collection, a 1963 Honda CR93 street bike (23 hp from 125 cc at 13,000 rpm) in mint original condition brought $50,310. If that was a bit spendy, a 1905 Orion 3hp single—the oldest known example of this Czech marque—sold at only $25,740. Even older, a 1902 Peugeot Perfecta 208-cc, eligible for the Brighton Run, sold for $18,720. If you fancied an American classic, a 1911 Indian 61-ci twin sold for $54,990, which is right on the money. At the very far end of the spectrum, the museum-quality replica of an 1884 Copeland High Wheeler Steam cycle (think 80 psi of steam between your knees) didn't reach its estimate of $85,000–$90,000. Other notable no-sales were a pair of replicas from the legendary Ace company. Two experimental models, XP3 and XP4, both set respective world speed records in 1923 but the replicas failed to find new homes on the block. This event is already scheduled to repeat May 8, 2010. Bonhams and Butterfields and Quail Lodge put forth a classy, professional auction and show with no high-pressure tactics and a pleasant, relaxed atmosphere. What set this sale apart from others was the full bar downstairs, the excellent Quail Lodge food, the complimentary morning espresso, park-like grounds, the great weather, and the dry wit of Malcolm Barber as he encouraged you to spend your kids' inheritance. After all, you can't be sure of how they will spend your money, but you can be sure of the fun you will have with your new vintage motorcycle. And you can leave the bike to them instead. ♦ Sales Totals $500k $1m $1.5m $2m 2009 2008 2007 Sports Car Market

Page 110

Bonhams & Butterfields Carmel Valley, CA CZECH #166-1905 ORION 3hp SINGLE motor- cycle. Eng. # 322. Robin's Egg Blue/brown leather seat. Believed to be the oldest known example of this rare Czechoslovakian marque, with documented history from new. Older restoration still in excellent condition and a lot of condition issues, including poor paint and worn plating. Frame parts painted red, engine cases polished. Factory documentation and certificate of authenticity included. Cond: 4. SOLD AT $111,150. Any Vincent is a collectors item, but this being one of the so called “White Shadows” made it even more so than other examples—except for a Lightning, perhaps. In generally scruffy condition, this bike warrants a full restoration. Well sold. #146-1957 NORTON MANX 30M motor- cycle. S/N 11M76910. Eng. # 95040. Silver/ black seat. Derek Minter's 1958 British 500cc championship-winning Manx road racer. Bevel gear-driven dual overhead cam single cylinder engine, magnesium crankcases, Amal GP carb, dry sump oiling, Reynolds chromoly showing only minor wear from use. Inlet over exhaust 3-hp single 4-stroke, magneto ignition, belt drive with pedal assist and starting, contracting band rear brake. Fitted with headlight and mudguards. Cond: 1-. SOLD AT $25,740. An interesting early example with advanced engineering for its day. Ready for old-timer runs or display. Excellent investment potential. Well bought. ENGLISH #130-1921 BSA MODEL H motorcycle. S/N 31905. Eng. # 31899. Green & cream/brown leather seat. Beautifully restored. Side-valve 4stroke single with three speeds and chain drive, sprung fork and headlight. Primarily designed Dark green/black seat. An early example of the respected Peugeot marque. Older restoration with lots of patina, documentation of completing both the Banbury Run and the Pioneer Run to Brighton. U.K. pioneer dating certificate included. Single-cylinder inlet over exhaust 4-stroke, trembler ignition, spray carburetor, belt drive with pedal assistance. Cond: 2-. SOLD AT $18,720. Collectible early bicyclestyle motorcycle with engine clamped to front downtube. Value here was enhanced by both its documentation and eligibility in vintage runs. Well bought. “featherbed” frame, Dunlop alloy rims. Very original and careworn. Missing fenders, wrong front tire. Fairing not included. Cond: 3-. SOLD AT $38,610. The Manx was one of the most successful road racers of all time. They were hand-built in the Norton race shop with state of the art technology for its day. Given the provenance of this example, it's easy to overlook the condition issues and call it well bought. #162-1963 TRIUMPH BONNEVILLE Desert Sled motorcycle. S/N DU1683. British Racing Green/black seat. Steve McQueen's first-year unit construction Triumph Bonneville, set up as a desert racer by Bud Ekins and painted by Von Dutch. In as-last-used condition, complete with scrapes, dents, and tears. for sidecar duty with heavier forks and frame. Cond: 1. SOLD AT $12,285. A particularly sweet machine. The level of restoration was stunning, and it's sure to appreciate. Well bought. #157-1950 VINCENT SERIES C White Shadow motorcycle. S/N RC6376A. Eng. # F10AB1A4476. Chinese Red/black seat. Odo: 6,576 miles. Older restoration of a White Shadow Vincent. One of 15 produced. Shows Street equipment removed. Many period mods such as case guards, Bates style seat, custom air cleaner, high pipes without mufflers, etc. Cond: 3. SOLD AT $84,240. The King of Cool's personal Triumph desert sled. A bike with either Bud Ekins's or Von Dutch's name attached would be something special all on its own, and this one was beyond cool. Not a bad buy, considering its provenance. FRENCH #121-1902 PEUGEOT PERFECTA 208CC motorcycle. S/N 12338. Eng. # 160. 112 Sports Car Market Opposed air-cooled twin-cylinder with shaft drive. Large capacity Rennsport fuel tank and optional VDO tachometer. Cond: 1-. SOLD AT $19,890. A nice enough bike with some desirable options, but at this auction it wasn't the best—or even second best—R-series BMW for sale. Still, a decent deal for both parties. #163-1961 BMW R60/2 motorcycle. S/N 622797. Eng. # 622797. Black/black rubber. Odo: 498 miles. Pristine fresh restoration by Tim Stafford. A touring bike with opposed twin- GERMAN #139-1959 BMW R69 motorcycle. S/N 654217. Eng. # 654217. Black/black rubber seat. Odo: 3,378 miles. Fresh restoration on the flagship model of BMW's fleet in 1959. Some blemishes in paint, casting bits clean but with some plating issues, speedo face weathered.

Page 112

Bonhams & Butterfields Carmel Valley, CA cylinder air-cooled engine. Shaft drive, leading link Earles fork, polished alloy rims, solo saddle. Ridden on the tour event the preceding day. Cond: 1. SOLD AT $23,400. Super good restoration on an R-series BMW. This bike really popped. The finish on the cast bits, plating and polishing, paintwork, and just the overall attention to detail really showed. Several of the other BMWs in this sale were also good bikes, but this one was Cindy Crawford among the girls next door. Well bought. ITALIAN #150-1960 PARILLA 250cc SPORT mo- torcycle. S/N 250455. Silver/black leather seat. Odo: 1,909 miles. Complete pristine restoration with only ten break-in miles. Streetable cafe racer with many innovations, such as twin plug hemi head, high cam, and dry sump unit construction. 90-degree V-twin desmodromic engined masterpiece. Very shiny Kenny Dreer restoration. Conti mufflers and Borrani rims. Cond: 1. SOLD AT $29,250. There was a lot to like about this beauty, but if you're an originality freak, this bike wasn't for you. Both parties should be happy. JAPANESE Ceriani 35-mm forks, Tomaselli clip ons, Borrani rims, rear sets. Smiths 12,000-rpm tach, alloy fuel tank. Cond: 1. SOLD AT $21,060. Parilla was only in business for 20 years postWWII, but it made some of the most advanced and successful Italian road racers of the era. This example of the road-going version was well restored and well bought at this price. #114-1967 WARDS-BENELLI 250cc SPORT motorcycle. S/N 12937. Eng. # 11480. Light metallic blue/black suede seat. A freshly restored example of a Montgomery Wards Benelli street bike. Excellent paint and chrome. Done to sport specs with Monza-style fuel filler, clip-ons and solo seat with rear sets. Cond: 1. SOLD AT $4,095. A very pretty little machine purchased at less than it would cost to find, purchase, and restore something comparable. These captive imports sold in the U.S. through Sears (Puch), and Wards (Benelli). #151-1963 HONDA CR93 motorcycle. S/N CR933100016. Eng. # CR93E3100051. Silver/ black seat. Odo: 2,601 km. Original, unrestored streetable version of Honda's Grand Prix racer. 180-degree parallel twin, 10.2:1 compression horn and headlight. Leaf spring front suspension. Cond: 1. SOLD AT $54,990. Gorgeous restoration of an early American icon. Manufactured the same year that Indian first took on the world's best at the TT in 1911. Well bought and sold. #119A-1929 HARLEY-DAVIDSON 45CI DL motorcycle. Eng. # 29DL7459. Olive green/black solo seat. Ex-Steve McQueen, restored by Stan Dishong. Paint and details still ratio, 23 hp at 13,000 rpm, front drum brake, alloy rims. All cosmetics in excellent condition. Extremely rare, one owner since 1970. Cond: 1. SOLD AT $50,310. A superb collectible. Although the bike sold for above the estimate, one could easily see why, as it was in immaculate condition for its age and was both historically and technologically significant. Expensive, but still a decent deal for the buyer. #118-1978 KAWASAKI KZ1000 Z1-R TC motorcycle. S/N K2T00D008682. Eng. # K2T00D008698. Light metallic blue/black vinyl seat. Odo: 10,536 miles. Restored example of the first production turbocharged motorcycle. Kawasaki made this model as a statement to all other manufacturers that they were still the performance kings. Collectible 114 crisp. First year of Harley's 45-ci side-valve engine. Strange vertical generator, twin headlights and four-pipe exhaust. Cond: 1. SOLD AT $39,780. While never as successful as Harley's 74-ci models, this example was certainly rarer and was in museum-quality condition. It also had the provenance of being Steve McQueen's. Well bought. ♦ Sports Car Market While I'm pretty sure they'll never be collectible or particularly valuable, one certainly might help you relive your youth. #137-1977 DUCATI 900SS motorcycle. S/N DM860SS086946. Eng. # 087168. Fly yellow/black vinyl seat. Odo: 17,626 miles. Slightly over-restored example of Ducati's quality, restored to original specs. Cond: 1-. SOLD AT $10,062. This Kawasaki may not have been a very good motorcycle, but it certainly was and is a glorious exercise in excess. Only for the brave. AMERICAN #140-1911 INDIAN 61-CI TWIN motor- cycle. Eng. # 71C133. Indian Blue/black seat. Striking fresh restoration in correct Indian Blue and nickel plating. White tires. Supplied with

Page 114

eBay Motors Online Sales Cars for Car Week So, this Veyron number is probably bogus—but interestingly, it's off 30% from the last seemingly bogus Veyron sale I described Report by Geoff Archer Market opinions in italics N go all out? Condition inferred from seller's descriptions; cars were not physically examined by the author. All quoted material taken from the eBay listings. (sf=seller's feedback; bf=buyer's feedback) #180316979022-1951 JAGUAR C-TYPE roadster. S/N XKC003. British Racing Green/black leather. RHD. 8 Photos. Vitoria, Pais Vasco, Spain. Entire description reads, “Original paint. Alluminium auto body. Perfect condictions, engine auto body. Races history: 1951- L.mans walker/witehead 1st, 1951- Tourist Trophy walker 2nd, Early 1952 fitted with disc brakes, 1952, Easter Goodwood, first race with disc brakes, moss, fourth and fastest lap., 1952, mille miglia, international disc brake debut, moss/ devis retired, Monaco GP moss discredited.” Q&A reveals car was rebuilt in Australia in 1961. Heavy patina suiting a 50-year-old rebuild. 2 bids, sf 0, bf 67. Cond: 3. SOLD AT $850,000. What it lacked in condition it sure made up for with history. Fair price for an irreplaceable example that will always command respect. #120439570577-1986 FORD RS200 coupe. S/N SFACXXBJ2CGL00135. Gray & red/red leather. 24 Photos. Lake Arrowhead, CA. “135th of less than 200 built. Known affectionately as the Beast of Boreham for its intense development on UK Ford Motorsports Boreham test track. What other car was capable of crossing a 6” curb at over 60 mph and not even flinch. Set up for street use... with rear view TV, Sony CD... and concealed K40 radar. Minor cosmetic blemishes see photos, some shop wear and oxidation. Mechanically excellent condition. You will not find a more thrilling or outrageous car to drive on or off road.” 36 bids, sf 398, bf 24. 116 Cond: 2-. SOLD AT $86,100. Price here was a 30%+ discount to the most recent comparable in our database (SCM# 38857). On the one hand, that seems about right when you consider how other cool/fast production cars that you don't need have been affected by the economy. Then again, this is a cherry example of a very rare Group B rally car. Balancing those two drivers, I have to call it a fair market price. #180314192499-1981 RENAULT R5 TURBO 1 Stage III hatchback. S/N VF1822000B0000062. Black/black. Odo: 1,440 miles. 14 Photos & 1 video. Louisville, KY. “1 of 3 cars imported by Renault Racing of Detroit in 1981. The cars were to be built into IMSA race cars. Patric Jacquemart set up and tested the othing gets you noticed faster around Monterey than the right car. Why not traded it to me” in 1993. “Huge horsepower, huge tubo lag, big pop off noises, and staggering performance at big boost settings.” 6 bids, sf 40, bf 101. Cond: 2. SOLD AT $32,099. With low miles and an interesting history this was a bargain by at least $10k, maybe $20k. #280349350057-2006 BUGATTI VEYRON 16.4 coupe. S/N VF9SA15B46M795041. White & blue/tan & blue leather. Odo: 9,000 miles. 19 Photos. Costa Mesa, CA. Automated listing software somehow manages to describe the car as excellent without providing a (prose) description. I don't recognize it as a magazine car, and I can't find it in any Gumball or Texas Mile pix online. Still, 9,000 miles is crazy high for a hypercar, so I'm going to have to call it #2 cond. 2 bids, sf 4, bf 4. Cond: 2. SOLD AT $1,100,000. It's hard to believe this deal was real when the buyer is “Not a Registered User” (how is that even possible?) and the seller has not received positive feedback from a Bugatti sale. So, this number is probably bogus—but interestingly, it's off 30% from the last seemingly bogus Veyron sale I described (SCM# 119738). Did the real (bleak) economic outlook affect teenage pranksters' virtual consumer confidence too? #220330006173-1987 PORSCHE 959 coupe. S/N WPOZZZ95ZHS900065. Silver/ gray leather . Odo: 11,679 km. 26 Photos. Southapmton, NY. “This is an extremely rare car (337 produced) and comes out of one of the most prominent car collections in the country. This car has a top speed of 197 MPH and is a true collectors item. This car is road legal and comes with all pertinent paperwork. Car is in extraordinary condition and comes with an first car at Mid Ohio. He was tradgically killed in a high speed accident in the car. The remaining two cars were sold as street cars in spite of their very high state of tune. Used very little before being sold to a collector in Pennsylvania who Sports Car Market

Page 115

extensive service file (work done by Andial of Santa Ana Ca). This car has been federalized and is registered in the state of NY, and can be registered in any state in the US.” 1 Best Offer bid, sf 220, bf 30. Cond: 1. SOLD AT $385,000. Hugely well sold in a market that has slammed all but the most rarefied of supercars. #130303471434-1966 FERRARI 275 GTS convertible. S/N 07903. Red/black canvas/tan leather. Odo: 13,036 miles. 24 Photos. St. Louis, MO. “1st owner had car a couple of months father & son owned since. VERY RARE find in EXCEPTIONALY original condition, engine untouched, like new top, has boranis, original 42764) by almost $30k—a result as inexplicable as the car itself. #370162188868-1950 KURTIS MIDGET racer. S/N N/A. Cream & brown /black vinyl. 32 Photos. St. Louis, MO. “Very nice older restoration. Possible Johnny Rutherford racing history from 1963. It is powered by a four-cylinder, overhead valve engine with fuel injection. We believe this could be a Shilala midget. George Shilala was the plant foreman at Kurtis-Kraft Online sales of contemporary cars. 2009 Nissan GT-R Fresh Meat Date sold: 06/30/2009 eBay auction ID: 270416293888 Seller: Balise Motors, Warwick, RI, www.baliseauto.com Sale Type: New car, 31 miles VIN: JN1AR54FX9M252966 Details: Gun Metal Gray Metallic/black leather, 480-hp turbocharged V6, 6-speed auto, Premium Package Sale result: $72,000, 1 Best-Offer bid, sf 0, bf 269 MSRP: $80,770 Other current offering: Nissan of the East Side at Bellevue, Bellevue, WA, www.eastsidenissan.com, asking $93,750 for similar car with 228 miles. factory fog lights, original factory radio. original tools, tool bag & and boot. Winner of 2004 STL EUROPEAN AUTO SHOW PEOPLES CHOICE AWARD” 1 Buy-It-Now bid, sf 0, bf private. Cond: 1. SOLD AT $550,000. A full $100k over our most recent comparable sale record (SCM# 119921—s/n 07655 at RM Amelia in March). Stellar condition won the day here. #270338101818-1970 CADILLAC NART ZAGATO coupe. S/N N/A. Odo: 6,500 miles. 22 Photos. Brussels, Belgium. “The only Cadillac NART ever built... GM contributed the drivetrain: the Cadillac Eldorado's 472-cid V8, as well as the Turbo Hydra-Matic and front-drive transaxle, but reversed for rear-wheel drive. The NART connection came via Luigi Chinetti, who was responsible for engineering the car... Zagato built the coupe (almost a 2+2) of aluminum. between 1945 and 1953, when he left to start his own company. The chassis that Shilala produced was virtually identical to the Kurtis-Kraft chassis with subtle differences. Sleek, graceful and nothing more beautiful.” 1 Buy-It-Now bid, sf 250, bf 17021. Cond: 2. SOLD AT $29,995. Sale did not go through. If I had a dollar for every time it has been relisted since... well, I could probably just buy this midget and save us all the bandwidth. Probably worth high teens to low $20s without definitive provenance or a more recent resto. #290273229322-1988 NORTON MOTORS trolley. S/N N/A. Teal/white pleather & oak. 24 Photos. Cocoa, FL. “Electric Trolley Car from Disney [Grand Floridian Hotel], seats 9, with rear luggage storage, all new batteries, new paint, new seats, all rebuilt 60 days ago! Runs great has a new motor and new tires. It's built by Norton Motors. W 53” H 74” L 14”. Has lights, horn (that sounds like a trolley bell), mirror and 2006 Ford GT Date sold: 07/07/2009 eBay auction ID: 250459770092 Seller ID: iwillsellit4u2 Sale Type: New car, 350 “dealer” miles VIN: 1FAFP90S86Y401159 Details: Mk 2 Black/ebony leather, supercharged 550 hp V8. 6-speed manual. McIntosh audio, “never been titled” Sale result: $179,000, 1 Buy-It-Now bid, sf 1287, bf 47 MSRP: $149,995 (2006 base) Other current offering: Marshall Goldman, Warrensville Heights, OH, www.mgmsl.com, asking $175,900 for used gray/black car with 242 miles. 2008 Porsche 911 GT2 Fully restored in a 2 ½ year effort by Mill Creek Motors and Upholstery Unlimited, of Clinton, Iowa, and Baileywicks of Fulton, Illinois.” 33 bids, sf 56, bf 75. Cond: 2. SOLD AT $85,200. Just when you thought that most of the really buzzwotrhy stuff on eBay is doomed by a high reserve to perpetual relisting, along comes this awesome amalgam to prove you (and me) wrong. Adding to the counterintuitive nature of this sale, it bested RM Monterey 2006 (SCM# break lights. The speed is about 15 mph. Fun for the family or can be used to transport resort guests.” 1 bid, sf 104, bf 163. Cond: 2. NOT SOLD AT $2,500. After several Mickey Mouse runs on eBay and then Craigslist, this Goofy trolley either sold (for the $7,500 asking) or just went away. Apparently nobody else thought this would make awesome stealth transportation for you, Snow White and your Seven Dwarfs between events at Monterey. Selling it on the last night at Russo and Steele would be the only way to know: Beauty or Beast? ♦ Date sold: 06/27/2009 eBay auction ID: 140328842021 Seller: Schumacher European Motors, Phoenix, AZ, www .drivethebest.com Sale Type: Used car, 1,046 miles VIN: WP0AD29938S796264 Details: GT Silver Metallic/black leather. 530-hp turbocharged flat-6. 6-speed manual, heated front seats, Sports Chrono Sale result: $165,999, 3 bids, sf 30, bf 3 MSRP: $197,730 Other current offering: Momentum Porsche, Houston, TX, www.momentumporsche.com, asking $169,991 for white car with 982 miles. ♦ September 2009

Page 116

Bike Buys Ducati 851 Ducati 851: Right, Out of the Box The bikes had numerous wins, and Raymond Roche and Doug Polen won three World Superbike titles on 888s by Ed Milich the 851's design, building on the steel trellis frame and air-cooled 2-valve engine of the Pantah series. Bordi's 4-valve desmodromic (desmoquattro), watercooled cylinder head—developed with insight from Cosworth—and digital fuel injection modernized the Ducati twin powerplant and made way for Ducati's many subsequent design and racing successes. Along with the 92 x 64 mm (bore x stroke) 851, T the 888 and SP/SPO variants were homologationspecial 851s with 2-mm larger bores, special racing components such as Ohlins forks, and a better combustion chamber shape. While extremely handsome and capable racing machines, some purebred 888s are barely rideable on the street, with a narrow 7,000–11,000 rpm powerband. Early 851s used the popular 42-mm Marzocchi M1R forks. These later gave way to an inverted Showa front end, the first appearance of upside-down front forks on a production Ducati. Rear suspension was via a monoshock with linkage. The 851's dual 4-piston Brembo front brake calipers were also a first on a production Ducati. Wheels were modern 17″ (3.5″ F/ 5.5″ R). The 851 thus provides a fairly modern package, not to mention a thrilling ride. Early 851s used the Pantah dry clutch cover on the right side of the engine, which later changed to a slave cylinder/pushrod arrangement on the left side. Perfect 851 owner: • Satisfied with only 100 hp in a Ducati • Wears red underwear and socks • Gives number designations to progeny instead of names Rating (HHHHH is best): Fun to ride: HHHH Ease of maintenance: HH Appreciation potential: HHH Attention getter: HHHH Years produced: 1988–94 Number produced: Under 10,000 for 851 and 888 Original list price: $10,900; Tricolore race version, $20,995 SCM Valuation: $4,000–$20,000, for limited editions Tune-up cost: $200 DIY to $1,000-plus at the dealer, including valve adjustment Engine: 4-valve/cyl, water-cooled 90º twin, 851 cc/888 cc Transmission: 6-speed Weight: 420 lb (street edition) Engine #: Engine top, behind rear cylinder Frame #: On steering head Colors: Red, Tricolore Clubs: Ducati Desmo Owners Club More: www.usdesmo.com; www.ducati.com SCM Investment Grade: B A few 851s reached 100k miles According to Ducati North America Hall of Fame member and tuner Bruce Meyers, the 851s and 888s were a good package right out of the box. Early bikes to 1990 had oddball 1.5-mm diameter valve shim keepers, which were later updated to 1.7 mm. Early dry clutch slave cylinders could leak or fail, and replacements are no longer available. Alternators were slightly undersized and occasionally failed. Head gaskets could sometimes fail, as could waterpump seals. Hinges on the aluminum gas-tanked models could sometimes fail, too. In all, though, 851s were fairly rugged, and a few examples have been observed with 100k miles. The early Weber-Marelli P7 computers were both weak and hard to tune for induction and exhaust changes. Later P8 computers can be substituted for the P7s, though. Some of the Weber's FI system components, two decades old at this point, can be cross-referenced with Weber's automotive offerings, too. Doug Lofgren of Minneapolis is the go-to guy for 851/888 FI tuning. The 851 and 888 had numerous racing successes, beginning with Marco Lucchinelli's 1987 Daytona Battle of the Twins win on an 851 prototype. Raymond Roche won the World Superbike Championship on an 118 888 in 1990, and Doug Polen won two World Superbike Championships on his 888. Four-valve Ducati desmo heads require some experi- ence to adjust properly and they respond to ineptitude with rapid and catastrophic failure. Note that there are 16 valve shims to adjust on each bike, a time-consuming proposition. Also, some early valve shim keepers were stainless steel, making typical magnet-aided keeper extraction moot. As with used Ferrari purchases, you may want to check typical service costs with your mechanic beforehand, as it's easy to drift into four-figure service costs. Limited editions command the most The 851 was produced from the 1988 model year until 1994, when it was eclipsed by the masterpiece Ducati 916. Earlier 851s, particularly with the visibly dated Marzocchi M1R forks, are merely used vehicles at this point, and have been spotted for as little as $4,000–$5,000. Some limited-edition 888 models—notably the SP5 with Doug Polen replica graphics and #1 tail section replica—are desirable and can command five-figure price tags. Prices for limited editions and 888 variants vary dramatically with condition, equipment, history, and use, but are generally $8,000 and up. All of these bikes have performance beyond the skills of 75% of riders. As with any used Ducati purchase, service history and the owner's attentiveness are paramount. Many 851 and 888 parts are rare and unavailable outside of eBay, so be advised before you make a purchase. Once you pull the trigger, perform all scheduled maintenance such as cam belts and valve adjustments as recommended. And if you have a good Ducati mechanic, make darn sure to keep him on your Christmas card list. ♦ Sports Car Market he 851 marked both the emergence of the modern Ducati Superbike and a critical mass of racing fortunes for the Bolognese manufacturer. Ducati's Massimo Bordi spearheaded

Page 117

Subscribe Today! One Year Corvette Market (4 issues), plus bi-weekly Corvette Insider's email newsletter, $29.95. Subscribe online at www.corvettemarket.com or call 1.800.810.7457

Page 118

Mystery Photo Answers Comments With Your Renewal Loved, enjoyed, coveted, and re- In Alabama, you could still get this titled as a Porsche. —Bob Peterson, Brooks, GA RUNNER-UP: Chris Bangle's latest work for Porsche is destined to continue his legacy from BMW.—Kevin Wolford, Westminster, MD Included with the separate apartment built for my motherin-law.—Larry McCagg, Battle Ground, WA Another Porsche becomes a trailer queen.—John Phillips, Glenside, PA In the pits at the Pedi-Cab Funny Car Winternationals.— Doug Metzker, Portland, OR Porsche's turbo-powered convection hot dog trailer cooks 0–60 franks in less than 5.4 seconds.—Rod Diridon, Jr., Santa Clara, CA Even mighty Porsche strug- gles with aero solutions, going so far as to remove door handles in certain applications.—Peter Zimmermann, Bakersfield, CA Herb's anxiety over not being able to find the appropriate tow vehicle evaporated as he won the bid in Scottsdale for the exChiquita Bananamobile.—John Reeder, Greensboro, VT Not all rear clips deserve a chance at a second life.—Lorrie Peterson, Brooks, GA cycled through four families.—R.H. Inman, West Linn, OR. A true Oregon recycler. —KM Don't change.—Edgar Wootton, Clinton, WA Any coverage of Saabs, early Ford V8s, 1939–70 Mercurys, Lincolns through '67, and all things British is appreciated.—Scott Wallin, Bellingham, WA Truly one of the very best au- tomobile publications today.—R.P. Ritner, Spokane Valley, WA I love your magazine. I visited your office last spring with my 1969 GTO and saw Keith's collection. What a great team.—Leslie Yuen, San Francisco, CA Go back to your old covers. They're missed.—Roger W. Risley, Coatesville, PA An invaluable magazine with a comprehensive scope; it never makes it to the magazine rack in the waiting room.—Dr. Mark Van Buskirk, Crown Point, IN Since Fiat could be the new At least I got the half with the engine.—Randy Zussman, Las Vegas, NV Two thousand years after his namesake ancestor created the first “tuner” chariot, Ben Hur XXIV introduces the Lion Slayer. Optional 56-inch lowprofile wooden rims with center spikes are available.—Kick Wheeler, New Milford, CT GM will finish your car as soon as our bankruptcy proceedings are completed.—Stephen R. Miller, Muncie, IN If you think this is weird, you should see the other half.—Dan Faustman, Elk Grove, CA When Barney ordered his new 911 at an amazing 50% off, he never thought he would get what he paid for.—Doug Knight, Haddonfield, NJ Because he's been paying close attention to “Legal Files” every month, Bob Peterson wins a soon-to-be-collectible official SCM cap.♦ This Month's Mystery Photo Response Deadline: August 25, 2009 Chrysler, could we see an occasional feature about a significant Fiat car? Keep up the great job.—Jim Rugowski, Appleton, WI Great read every month. You guys will help get me through the Great Depression 2.0. Thanks again.—Jay Janssen, Peoria, IL More planes, watches, and automobilia please.—Scott Gordon, South San Francisco, CA The occasional vintage motor- cycle article is outstanding. It shows the depth of interests and expertise of your contributors.—Ted Holman, Grants Pass, OR Always a great job. It's neat you guys enjoy the Buicks and the Gran Sports.—Patrick Dougherty, Rancho Santa Fe, CA Love the war birds. How about some classic wooden boats? Keep up the great work.—Michael Romeo, Reading, PA. If a classic boat of significance sells in the future, especially if it appears at an automobile auction, chances are you will read about it here.—KM Keep up the good work.— Richard, McCord, Springfield, IL More Ed Milich, please.—Ed Milich, Torrance, CA. Are you his long-lost, separated-at-birth twin?.—KM Addictive.—Alan Defend, Alexandria, VA Just keep on keeping on.—John Ratto, Las Vegas, NV Celebrating eleven years as an Our Photo, Your Caption Be the author of the most accurate, creative, or provocative response and receive a Sports Car Market cap. Ties will be arbitrarily and capriciously decided. Fax your response to 503.253.2234; email: mysteryphoto@sportscarmarket.com; snail mail: Mystery, P.O. Box 4797, Portland, OR 97208-4797. Please include your name and contact information. Send us your mystery photo. If we use it, you'll also get an official SCM cap. Email photos at 300 dpi in JPEG format. 120 SCM subscriber. Keep up the great work. I'd love to read more stories on the people who paid $7,000 for pontoon-fendered Testa Rossas and $6,000 for 427 Cobras.—Philip Millians, Atlanta, GA Great mag. Please keep up the covered mailing package, as it sure saves the magazine in transit to me.—Peter Robinson, Victoria, BC And thanks to all of you for your thoughtful comments and your renewals.—Keith Martin ♦ Sports Car Market Colin Feichtmeir

Page 119

“The must-read magazine for Corvette collectors” Subscribe Today! One Year Corvette Market (4 issues), plus bi-weekly Corvette Insider's email newsletter, $29.95. Subscribe online at www.corvettemarket.com or call 1.800.810.7457

Page 120

SCM Showcase Gallery Sell Your Car Here! Includes SCM website listing. Showcase Gallery Full-Color Photo Ad Just $44/month ($66 non-subscribers) Text-Only Classified Ad Just $15/month ($25 non-subscribers) 4 ways to submit your ad: Web: Visit sportscarmarket.com/classifieds-post.php to upload your photo (300 dpi jpg) and text, or text only. Secure online Visa/MC payments. E-mail: Send photo (300 dpi jpg) and text, or text only, to scmadvert@sportscarmarket.com. We will call for your VISA/MC. Fax: Attention Showcase, to 503.253.2234 with VISA/MC. Snailmail: Showcase, PO Box 4797, Portland, OR 97208-4797, with VISA/MC or check. 25 words max, subject to editing. Deadline: 1st of each month, one month prior to publication. Advertisers assume all liability for the content of their advertisements. The publisher of Sports Car Market Magazine is not responsible for any omissions, erroneous, false and/or misleading statements of its advertisers. 1968 Jaguar XKE Roadster Series 1 ½ 1976 Lotus Elite 503 Flawless numbers matching car with a great history. All books and tools. Absolutely pristine condition and totally correct in every detail. Finished in white with black leather. Runs, drives and looks perfect. An exceptional opportunity for top down fun at a very fair price. $75,000/offer. Matthew deGarmo Ltd. 203.852.1670 Website: www.deGarmoLtd.com. 1971 Jaguar XKE Roadster ENGLISH ALLARD J2X MkII Wonderful condition throughout, matching numbers and supremely well sorted for spirited driving. Recently ran the New England 1000 rally and performed flawlessly. Primrose yellow, red Connolly leather, overdrive. A true turn key car, ready to drive anywhere in style. $59,000/Offer. Matthew L. deGarmo Ltd. 203.852.1670 Website: www .deGarmoLtd.com 1963 Jaguar Mark-2 Sydney Allard's dream car. High-quality. Hassle-free. Allard Registry serial numbers. Performance chassis and components. As seen on Jay Leno'sGarage. Contact info@allardj2x.com or www .allardj2x.com. 1967 Aston Martin DB6 3.8 Liter, 4-speed plus overdrive, Black w/red leather, detailed engine bay, SS exhaust, beautiful inside and out. Price $39,500.00 OBO. Contact Ted Burns at tburns@dresser-rand.com or 630.369.6630. 1966 Jaguar XKE Roadster. Best LHD available. Restored to perfection in Silver Bitch and black. Vantage. Many options. Private US collector. Pictures & specs at jandwgarage.com or email jandwgarage@aol.com. Austin Healey 3000 MK III Incredibly, just one owner since 1968; 27,000 original miles. A stunning original car with full documentation. Finished in burgundy with black leather. All original books, tools, ultra rare factory hardtop. An incredible find and a rare opportunity. $59,000. Matthew L. deGarmo Ltd. 203.852.1670 Website: www.deGarmoLtd.com. Very late production Austin Healey 3000 MK III for sale after undergoing complete restoration by marque expert, Tom Kovacs, of Fourintune Garage. Restored to original spec in Old English White with black leather interior and rebuilt mechanicals. BL Heritage on file, only 32,179 miles from new. $85,000 Visit www.fourintune.com or call 262.375.0876. 1958 Jaguar XK140 Coupe 1967 Jaguar XKE Convertible This 1967 Jaguar XKE Series 1 was recently purchased from a well known private collector and now is offered for sale. The Series 1 is considered the most collectable and of the series, the 1967 is considered the best. It features the 4.2 liter engine with 9 to 1 compression giving superior performance but still running on readily available pump gasoline. The covered headlights were not available after 1967 and are considered one of the most desired features. This car received a complete professional restoration including all chrome, complete interior in correct hides, new correct top and rear window, all new glass, complete strip and repaint, and engine and driveline rebuild. The car performs flawlessly and is a joy on the road. It is ready for either a serious collector to be driven and enjoyed. $95000.00. Contact Jim Bailey at jimbailey@ec.rr.com or 252.241.1200. (NC) 122 3rd owner.black plate CA car. 16,500 miles. Excellent working order. Christos Giannikos, cig3@columbia .edu, 646.522.1844. 1962 Lotus Elite New Mexico car with MGB motor and differential and five speed tranny. Recent motor overhaul well broken in. Dependable and a real attention grabber. Many spares. NAMGAR registration #4911. $26,900. Don @ 505.281.7460. 1971 MGB-GT Over 100K invested. Rotisserie resto. Massive power (35K in engine). Excellent driver. All mods, modern AC, Blaupunkt sound. A superior example. $37500.00. Call/email for details. Richard Hollander, richardhollander@mindspring.com or 816.506.7711. (MO) 1959 Lotus Elite Carnival Red/Brown. 5SP, A/C, P/S. Driven occasionally 12 yrs. Calif. smog legal. Very complete car. $15,000. Haig @ 714.879.7531. 1971 Marcos GT Roadster 4.2 litre 4 speed. Last of 6's. 12,900 documented original miles. Comes with original hardtop. Unrestored authentic time capsule. Never hit rusted or abused. perfect panel gaps orig. tires, wires and clutch. Sable with bisquit. Chin and belly are perfect. Car drives as new. $75,000.00 Contact Michael at 914.588.1057 or msdesignltd@aol.com. 1971 Jensen Interceptor ll Lothar Motschenbacher's #11 started the 1968 Can Am Season with a Westlake Ford motor. This was changed to an Alum Chevy big block for the Laguna Seca race. Jim Hall ran up the rear of this car at Las Vegas two races later, while fighting for position (4th). The car is currently located at Infineon Raceway in Sonoma, CA. Contact Kris Mellon for more information, photos, or to view. $290,000. Phone: 707.337.8538 or email: krismellon@earthlink.net. 1960 MGA 1600 Ford 2.8 Capri V-6, 4-speed. Spax shocks, alloys, etc. Coupe converted to Roadster. Includes orig. top + rear window. Neat car!! $10.5 obo. Please call: 805.466.1015 or automojo@hughes.net. 1968 McLaren M6B Can Am Series 2. Solid, well sorted, late production Bristol bodied car. This restored example drives as Colin Chapman intended. Eligible numerous events. Fitted with twin Webers. $75,000. Fantasy Junction, sales@fantasyjunction.com; www.fantasyjunction .com. 510.653.7555. (CA) Black Tulip/Autumn Leaf, restored 1999, 2.800 miles, strong balanced engine, solid honest car. Great driver! $8695.00. ronfaithfull@cogeco.ca Evenings ESDST 905.257.6161. (ON) Sports Car Market

Page 122

SCM Showcase Gallery 1972 MG B Roadster Nice repaint over clean original dark green interior. Runs and drives very well with no smoke, trans shifts perfectly. Lots of records, hard top and soft top in excellent condition. $50,000.00. Contact Steve Markowski at 802.877.2645 (shop) or 802.598 0385 (cell). rpm@rpmvt.com www.rpmvt.com. Superb 1972 MG-B Roadster with overdrive. Fresh from 3 year restoration with all the best components. Ready for show or touring. Pictures at www .flickr.com/photos.northlane/sets. $20,000 Contact Ro at 360.387.0290. 1966 Sunbeam Tiger Excellent condition. Factory authorized Ferrari/ Maserati since 1975. For more information and photos log on to our website at www.continentalautosports.com or call your sales person at 630.655.3535. Red/black. 2 Tops. California car. $50000.00. Contact Earl Fisk at jsfisk@aol.com or 530.247.1748. (OR) 1959 Triumph TR3A 1959 Porsche 356 Cabriolet Vincenzo Lancia's Masterpiece, 4 wheel independent suspension, excellent correct original, rebuilt V4 engine, dependable tour car, very rare, drive anywhere, $22,500. Call 315.247.2388 or email info@autolit.com. (NY) 1962 Maserati 5000GT Allemano Professional complete frame off restoration, no expense spared. 2100cc motor, full syncro w/ odrive, Welton wool, leather, chrome Dayton's, ,Sunfast top, 600 miles. 48K invested. Dark blue, flawless. Contact Donald Harvey at donald_harvey@mac.com. 1960 Triumph TR3A Silver with black leather. Beautiful, perfect, restored, matching numbers, California black plate. Rare bench seat option. Private US collector. Pictures and specs at jandwgarage.com or email jandwgarage@aol.com. 1998 Porsche Boxster Cabriolet S/N 046. Stunning presence and performance. Restoration by Bill McGrath in original colors. ZF 5-speed, disc brakes, fuel injection and factory A/C. $785,000. Fantasy Junction, sales@fantasyjunction .com; www.fantasyjunction.com. 510.653.7555. (CA) 1972 Maserati Ghibli SS Coupe Original, unmolested example, premium wheels; new tires, brakes; nice driver. Inquire for more photos. $10,800.00. Contact Richard Wirtz at wirtz@unr.nevada.edu or 775.851.3602. Signal Red/beige, rare Euro spec and delivery, matching #'s engine/body/VIN, Heritage Certificate, excellent driving and cosmetic condition. $27,000. Contact Philip at 843.422.5816 or email at pac817@hotmail.com. GERMAN 1971 Mercedes 280SE 3.5 Convertible Dark red, parchment leather, zebrano wood trim. A 79,000 mile original car that's had a spectacular, fully documented cosmetic restoration to factory new condition. Show quality cosmetics and drives without fault. Factory A/C, floor shift automatic. $149,000. Matthew L. deGarmo Ltd. 203.852.1670 Website: www.deGarmoLtd.com. 1971 Mercedes-Benz 280 SL Automatic Very recent full engine, trans, brake system, cooling system overhaul. New tires and steering rack. Outstanding car to drive. Re-spray in original color with original black interior. First head torque and valve lash performed so the car is 100% ready to be driven with confidence. Euro specification small side markers and flush mounted front markers. $170,000.00. Contact Steve Markowski at 802.877.2645 (shop) or 802.598.0385 (cell) rpm@rpmvt.com www.rpmvt.com. 1973 Ferrari Dino 246 GTS ITALIAN 1973 Ferrari 246 GTS Black, tan, original 5 speed, rust free, California black plate car. 28,000 verified miles. Documented (over $50,000) professional maintenance and upgrades. Performs as new. Original books. $80K or best offer 914.720.5666 or 914.669.5813 1977 Maserati Khamsin Rare model with superb original wood. Mint condition throughout. Great history. All options including Columbia rear end, original radio, heater. Show quality but fully sorted for real driving. Call for details. Matthew L. deGarmo Ltd., 203.852.1670, www.deGarmoLtd.com. (CT) Black/red interior, automatic. California car since new. Restored in 1986. Just passed CA smog. Looks, runs, and drives great. European rear bumper. $38,000.00. Call 925.484.1697 or email eogorman@comcast.net. (CA) AMERICAN: 1964 AC 289 Cobra S/N6456 U.S (air). Owned 19 years – concours. New: paint, synchros factory mouse hair dash, and 124 Early Kellison frame with correct J-4R body. Fresh 327 Chevy, Saginaw 3-speed. Successful tour competitor. California title and registration. $42,500. Fantasy Junction, sales@fantasyjunction.com; www .fantasyjunction.com. 510.653.7555. (CA) Sports Car Market 1958 Kellison J-4R coupe 1958 Porsche Speedster Red black boxer trim, black interior 31,000 miles. $39500 Call Peter at 860.350.1140. 1939 Lancia Aprilia 1962 Cadillac DeVille for sale. 2-Door Hardtop, Automatic Transmission. VIN #62J005424. Turquoise. 390 cubic inch V8. $8,750.00. Contact Gary Schiveley at 714.537.1646 or email garyreade@sbcglobal.net. 1948 Chrysler Town and Country convertible Daytona seats $170,000.00. Contact Ronald Pinto at 562.961.1191 or sonyaron@aol.com. (CA) 1985 Ferrari 308 GTS S/N CSX 2425. Superb three owner car with known hist ory from new. Restored. Period and historic competition history. Webers, hood scoop, weather equipment and roll bar. Well sorted. $495,000. Fantasy Junction, sales@fantasyjunction.com; www. fantasyjunction.com. 510.653.7555. (CA) 1962 Cadillac DeVille This extremely rare 1948 Chrysler Town & Country Convertible has received an “over the top” full restoration. This vehicle is finished in Catalina Tan Paint with red leather and taupe Bedford Cord interior. The colors are authentic and match the original combination when the car was delivered new, making this car as original in appearance as possible. The exterior consists of beautiful Mahogany Veneer over White Ash wood Frames. Other notable features include 135 horsepower Inline 8 Cylinder Engine, Fluid-Drive Automatic Transmission with Steering Column mounted Shifter, Hydraulic Drum Brakes for all (4) wheels, Independant Front Suspension, and Rear Leaf Spring Suspension makes for one smooth driving classic. Financing is available OAC. Trade-ins are welcomed. For more information, please call (310)558-3300. Please visit our website, www.EMCARS.com SHAWN WILLIAMS , SHAWN@EMCARS.COM, 310.558.3300 or 310.908.6100. 1942 Ford Super Deluxe Woodie Wagon

Page 123

1957 Mercury Sport Coupe Factory Road Race Package Demo, virtually as new. First titled in 2006. Stored, very little use, full race shop freshened this year - 100% ready to go. None nicer, never hit, as new. This is the one you have been searching for! $8700 takes it! Contact 805.4366.1015 or automojo@hughes.net. Original 1971 SCCA B-Prod. Corvette Dark brown/tan. Absolutely rust free unmolested body. Decent paint, chrome; nicely restored interior. Strong runner, nice throaty dual exhaust, manual. $27,500.00. Larry Digney 978.464.7780 1966 Shelby GT350H PROCRASTINATORS!! You are growing old, you said you would do this. Here is your ticket to the Vintage Big Bore Grid. Fast, safe, sorted, inexpensive to own and reliable. Race ready today - $19.5 805.466.1015 or automojo@hughes.net. The real deal and the best one on the planet. National concours level, and fully sorted for driving. 100% correct and authentic. Original black with gold stripes, correct original automatic transmission. $225,000. Matthew L. deGarmo Ltd. 203.852.1670, www.deGarmoLtd.com. RACE Thunder Roadster 1972 Chevy Nova 1972 Nova – Viper Red PPG Paint. Frame Off Restoration, New Interior, supercharged 355 4-bolt, TH350 Tans. With Hurst Shifter, Power Steering, Disk Brakes 12 Bolt Posi with 4.11 New BFG's and wheels $23,500.00. Contact Jerry Bevins at jerbev@cox.net or 602.956.5552. (AZ) ♦ New! “Fair”, “Good” and “excellent” prices for all models, 1900–88. FRee! Now oNliNe! The world's largest collector car price guide based on over 500,000 sold transactions from www.ebaymotors.com/pricetracker For the collector who needs to know what things are selling for, right now. Take your free test drive today. . Updated weekly. September 2009 125

Page 124

RESOURCE DIRECTORY Advertise in the SCM Resource Directory. Call 877.219.2605 x222 for information, e-mail: scmadvert@sportscarmarket.com. Auction Companies Artcurial-Briest-Poulain-Le Fur. 33.1.4299202, 33.1.42292021. Maison de vente aux enchères, 7, Rond-Point des Champs Elysées, 75008 Paris. artcurial@auction.fr www.artcurial .com. (FR) Barrett-Jackson Auction. 480.421.6694, 480.421.6697. For nearly four decades, the Barrett-Jackson Auction Company has been recognized throughout the world for offering only the finest selection of quality collector vehicles, outstanding professional service, and an unrivaled sales success. From classic and one-of-a-kind cars to exotics and muscle cars, BarrettJackson attracts only the best. Our auctions have captured the true essence of a passionate obsession with cars that extends to collectors and enthusiasts throughout the world. A television audience of millions watch unique and select vehicles while attendees enjoy a lifestyle experience featuring fine art, fashion and gourmet cuisine. In every way, the legend is unsurpassed. N. Scottsdale Rd, Scottsdale, AZ 85251. info@barrett-jackson.com. www.barrett-jackson.com. (AZ) Bonhams. +, +44.207.585.0830. Montpelier St., Knightsbridge, London, SW7 1HH. www.bonhams.com. (UK) Bonhams & Butterfields. 415.391.4000, 415.391.4040. 220 San Bruno Avenue, San Francisco, CA 94103 www.butterfields.com. (CA) Branson Collector Car Auction. 800.335.3063, 417.336.5616. 1316 W. Hwy. 76, Suite 199, Branson, MO 65616. www.bransonauction.com. (MO) House Lyncastle Road Warrington England. WA4 4BSN www.handh .co.uk. (UK) Mecum Collector Car Auction- eers. 815.568.8888, 815.568.6615. Auctions: Kissimmee, Kansas City, Indianapolis, St. Paul, Bloomington Gold, Des Moines, Columbus and Chicago. “Mecum Auction: Muscle Cars & More” on Discovery Network's HD Theater. www.Mecum.com 950 Greenlee ST, Marengo, IL 60015 www .mecumauction.com. (IL) Palm Springs Auctions Inc. Keith McCormick. 760.320.3290, 760.323.7031. 244 N. Indian Canyon Dr., Palm Springs, CA 92262 www .classic-carauction.com. (CA) Kruse and Rod C. Egan, The Worldwide Group— Auctioneers, Appraisers and Brokers —is one of the world's premier auction houses, specializing in the procurement and sale of the world's finest automobiles and vintage watercraft. www.wwgauctions.com. (TX) Tom Mack Classics. 888.TOM. MACK, PO Box 1766, Indian Trail, NC 28079. Three annual auctions in Charlotte, NC: April, September, and January. Selling Southern muscle, collector, and antique cars with experience and integrity for 24 years. North Carolina auction license 4017. www.tommackclassics.com. (NC) Alfa Romeo Jon Norman's Alfa Parts. 510.524.3636, 1221 Fourth Street, Berkley, CA 94710. Large selection of parts from 1900 series to Milano. Efficient, personal service. 510.525.9435. (CA) RM Auctions, Inc.. 800.211.4371, 519.351.1337. Celebrating 30 years in the collector car industry, RM Auctions and its associated companies are responsible for acquisitions, restorations and sales of the world's rarest and most valuable vintage automobiles, including record-breaking sales in Maranello, Italy and London, UK. RM's restoration division achieved unprecedented accolades in 2006, when the Company earned “Best of Show” honors at the world's top three collector car events in a single year. www.rmauctions.com. (CAN) Russo and Steele Collector AuCarlisle Collector Car Auctions. 717.243.7855, 1000 Bryn Mawr Road, Carlisle, PA 17013. Spring and Fall Auctions. High-line cars cross the block. Hundreds of muscle cars, antique, collector, and special-interest cars, trucks, and motorcycles. Real Cars. Real Prices. www.carlisleauctions.com. (PA) eBay Motors. List your car for sale for only $40 and pay $40 more when it sells. Visit the “Services” section on www.ebaymotors.com for more details. www.ebaymotors.com. tomobile Auctions. 602.252.2697, 602.252.6260. Specializing in the finest European sports, American muscle, hot rods and custom automobiles; Russo and Steele hosts two record breaking ALL RESERVE auctions per year; Monterey, CA every August and Scottsdale, AZ every January. As one of the premier auction events in the United States, Russo and Steele has developed a reputation for its superior customer service and for having the most experienced and informed experts in the industry. (AZ) www.russoandsteele .com. (AZ) Santiago Collector Car Auctions. 405.475.5079, 501 E. Britton Rd., Oklahoma City, OK 73114. Rocky: rockydb5@sbcglobal.net. (OK) Legendary Motorcar Company. Gooding & Company. 310.899.1960, 310.899.0930. Gooding & Company offers its international clientele the rarest examples of collector vehicles at the most prestigious auction venues. Our team of well qualified experts will advise you on current market values. Gooding & Company presents the official auction of the famed Pebble Beach Concours d'Elegance in August and record-setting Scottsdale Auction in January. www.goodingco.com. (CA) H&H Classic Auctions. +44 8458 334455, +44 8458 334433. The Motor 126 Silver Auctions. 800.255.4485, 2020 N. Monroe, Spokane, WA 99205. silver@silverauctions.com. www.silverauctions.com. (WA) 905.875.4700, North America's premier muscle car center, specializing in restoring and trading the finest and rarest American muscle cars. We are the home of Speed TV's “Dream Car Garage.” We are a professional, discreet, and fair buyer for your quality American muscle. www.-legendarymotorcar.com. Shelby American Automotobile The Worldwide Group. 866.273.6394, Established by John Club. 860.364.0449, 860.364.0769. PO Box 788, Sharon, CT 06069. Over 5,000 members, 50 regions throughout the world. Dedicated to the care and preservation of the cars that Carroll Shelby produced. Two national conventions a 2shores International. 920-945- 0450, 920-945-0450. International marketing services for collector cars. New Showroom in the US! Take advantage of our experience in the global collector Sports Car Market Motoring Investments. 619-238- 1977, Award winning restorations, brokerage, sales & locating. Vintage German, Italian & British Mercedes specialist - SL, Pagoda & other models “Our website is a virtual buyer's guide for the 280SL.” www.motoringinvestments.com. American Auto Appraisal Group. 800.848.2886, Offices located nationwide. Pre-purchase inspection service, insurance matters, charitable donations, resale vales, estates, expert witness testimony. On-site inspection. Certified, confidential, prompt, professional. “Not just one man's opinion of value.” See web site for locations and service descriptions. www.autoappraisal.com. California Dream Cars Apprais- als. 888.314.3366, Over 30 years experience in Southern California appraising classic, antique, special interest, muscle and custom to current-year models. Specializing in pre-purchase inspections, stated value insurance appraisals, insurance disputes, and expert witness testimony. For more info, visit our web site. www.caldreamcars.net.. (CA) year, semi-annual magazine, bi-monthly newsletter as well as a registry. (CT) Appraisals Gooding & Company. Legendary Collector Cars. 615.848.0035, Legendary Collector Cars provides you with photos, videos and entertaining stories about the cars that you used to drive in High School, the show cars you dream about and the Muscle Cars you lust over. We bring you the cars you won't see any where else. Rat Rods to Vintage Race Cars. We also take you on tours of Car Museums, Speed Shops, Race Tracks and those Special Events all over the Country. We even take you along as we drive some back roads of America. http:// www.legendarycollectorcars.com. 310.899.1960, Gooding & Company's experts are well qualified to appraise automotive and collectible estates. Whether it is the creation of a foundation, living trust, or arrangement of a charitable donation, we are able to help you. www.goodingco.com. www.goodingco.com. (CA) USAppraisal. 703.759.9100, Over 25 years experience with collector automobiles, available nationwide. David H. Kinney, ASA (Accredited Senior Appraiser, American Society of Appraisers). dhkinney@usappraisal.com toll free: at 800.872.7772 www .usappraisal.com. (VA) Automobilia Steve Austin's Automobilia & Great Vacations. 800.452.8434, European Car Collector tours including Monaco & Goodwood Historics, private collections, and car manufacturers. Automobile Art importer of legendary artists Alfredo de la Maria and Nicholas Watts. www.steveaustinsgreatvacations.com. Buy/Sell/General

Page 125

market. Based in Wisconsin, working worldwide. Connecting buyers and sellers of collectible automobiles in a global marketplace since 1990. We put our market knowledge to work for you. Call Jurgen today! http://www.2-shores-classics.com/kontakt_us.html. (WI) one low fee. Visit www.specialtycarsource.com today. www.SpecialtyCarSource.com. by, Grundy provides “The Gold Standard” of insurance, offering the most options to you: Agreed Value, No Model Year Limitation, Unlimited Mileage, and coverage options for Spare Parts, Trip Interruption, Towing and Labor Costs, Inflation Guard, and Auto Show Medical Reimbursement. Fast, immediate quotes. www.grundy.com. (PA) The Bridgehampton Motoring Brighton Motorsports. 480.483.4682, Brighton Motorsports, Scottsdale Arizona is a unique dealership specializing in Vintage European and American Collector Cars with their Sales/Showroom and Mechanical Repair facility in the heart of Scottsdale's legendary auction arena. They also have a state of the art paint & body shop specially equipped to do all levels of repair and restoration just down the road, creating a one stop shop for the avid car enthusiast. www.brightonmotorsports.com. (AZ) Club. 631.537.5001, The Bridgehampton Motoring Club is unlike any collector car facility in the nation. We provide 24 hour key card access, humidity and temperature control, comprehensive video security, epoxy floors, tasteful lighting, rare automobilia, and most importantly services: Pick-up and delivery, battery maintenance, bi-weekly mechanical integrity routines, and detailing. Every member of BMC has unfettered access to their collection. Finally, the perfect way to enjoy your passion. www.bridgemc.com. ding, 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) Heacock Classic. 800.678.5173, We understand the passion and needs of the classic car owner; agreed value, one liability charge, 24-hour claim service and paying by credit card. We provide classic car insurance at rates people can afford! Instant quotes at www.heacockclassic.com. www.heacockclassic .com. (FL) Motor Sport Personal Accident Woodies USA. 480.694.7929, We Classic Showcase. 760.758.6199, 760.758.0600. sales 760.758.6100.Fullservice restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fit; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase .com www.classicshowcase.com. (CA) Legendary Motorcar Company. 905.875.4700, North America's premier muscle car center, specialized in restoring and trading the finest and rarest American muscle. Our 55,000 sq. ft facility and 100 car showroom is the ultimate car heaven and the home of Speed TV's “Dream Car Garage.” www.legendary-motorcar.com. buy and sell great woodies - hundreds to date. If you are buying or selling give us a call. We can help. Woodies are fun! Every car collection should have at least one. Located in Scottsdale, Arizona. www.woodiesusa.com. (AZ) Classic Car Transport Motor Auto Express, Inc.. 360.661.1734, Enclosed Transport. MAX cares for what you care for. We offer Personal, Private, Professional services with liftgate loading for your vehicles. Please contact Randy McKinley, Owner. maxiet@gmail.com. (WA) Coverage. 441.297.9439, 441.296.2543. Email, mcooke@evolution.bm. Limits up to $1,000,000 including accident medical and helicopter evacuation. Comp Capital Ltd. can obtain coverage at competive rates including drivers over the age of 65. Either 12 month policy covering a whole season and or for specific events. Please contact Mark Cooke and or Kevin Way. English AC Owner's Club Limited. 503.643.3225, 503.646.4009. US Registrar: Jim Feldman, 11955 SW Faircrest St., Portland, OR 97225-4615. The world's largest organization of AC owners and enthusiasts. AC ownership not required. Monthly magazine. (OR) Motoring Investments. 619-238- 1977, Award winning restorations, brokerage, sales & locating. Vintage German, Italian & British Mercedes specialist - SL, Pagoda & other models “Our website is a virtual buyer's guide for the 280SL.” www.motoringinvestments.com. Ferrari/Maserati/Lamborghini Carobu Engineering. 949.722.9307, Ferrari specialist. Engine rebuilding/ development, dyno-testing, parts and service. Your source for high performance brakes, suspension, gaskets, engine parts, wheels and exhaust. Dealer for Tubi, Brembo, Koni, Razzo Rosso, Sangalli, Zanzi, Novitech Rosso and X-Ost. www.carobu.com. Motoring Investments. 619-238Aston Martin of New England. RPM Classic Sports Car. Paul Russell and Company. 978.768.6092, 978.768.3525. Since 1978, offering restoration and sales of classic European sports and touring models from pre-war through 1960s. Successfully brokering MercedesBenz, Ferrari, Porsche, Jaguar, BMW, Alfa Romeo. Guidance given with emphasis on building long-term relationships. Sales Manager Alex Finigan: Alex@paulrussell.com www.paulrussell.com. (MA) 802.877.2645, Having trouble getting your Classic Car transported to rural areas in the Northeast United States? We travel throughout New England, the New York Metro area and Pennsylvania with our two car enclosed transporter and would like to help you move your car. We have over 25 years experience repairing classic cars and know how to properly handle your classic car! www .rpmvt.com. Collector Car Insurance 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) 1977, Award winning restorations, brokerage, sales & locating. Vintage German, Italian & British Mercedes specialist - SL, Pagoda & other models “Our website is a virtual buyer's guide for the 280SL.” www.motoringinvestments.com. Randy Simon. 310.274.7440, 310.274.9809. I constantly collect and sell all Ferraris, Maseratis, and Lamborghinis. If I don't have what you seek, I can usually find it for you (at low prices). Please call anytime for straight advice on the market. Finder's fee gladly paid. simonrandy@aol.com. (CA) Doc's Jags. 480.951.0777, 480.951.3339. Restoration Center 623.869.8777. 23047 N. 15 Lane, Phoenix, AZ. 85027. The world's BIGGEST and BEST Jaguar Web site. #1 in Jaguars WORLDWIDE. Largest inventory of all models. Ask for “DOC.” Email doc@docsjags.com www.docsjags.com. (AZ) Specialty Car Source. Specialty- CarSource.com is the premier source for buying and selling classic and modern specialty cars. List your car for 12 weeks for only $19.95. Dealers can list an unlimited amount of inventory for September 2009 Grundy Worldwide. 800.338.4005, With 60 years of experience in servicing and preserving the collector vehicle hob- Kevin Kay Restorations. 530.241.8337, 1530 Charles Drive, RedRPM Classic Sports Cars. 802.877.2645, With over 25 years of experience in Classic Italian Sports cars, we know how to make your car perform as new. Please visit our website showing numerous cars for sale and a frequently updated BLOG to see what is going on in our busy shop including video links of engines being run on a test stand and on a chassis dynamometer. Our two car enclosed transporter makes getting your car to our shop within the northeast a breeze. www .rpmvt.com. 127

Page 126

RESOURCE DIRECTORY Advertise in the SCM Resource Directory. Call 877.219.2605 x222 for information, e-mail: scmadvert@sportscarmarket.com. Import/Export Cosdel. (415) 777-2000, (415) 543- T. Rutlands. 800.638.1444, The largest independent Ferrari parts source in the business. Our vast inventory includes new, used and rebuilt parts for vintage and contemporary Ferraris. Buy your parts where the Ferrari shops do. Now, shop 24/7 at www.TRutlands .com. (GA) Garage/Tools Automobile Inspections LLC.. Baldhead Cabinet Company. 877.966.2253, Offering a fine selection of quality metal garage cabinets suitable for shop and residential garage applications. SS and custom colors available. Many modules to choose from. Call for a custom quote and drawing. See ad in this issue. www .baldheadcabinets.com. (CA) German 860.456.4048, “When you need the job done right.” The nation's premier provider of pre-purchase inspections on classic, exotic and specialty cars of any year, anywhere in the USA or Canada. Fast 72-hour turnaround! Hartford, CT. www.automobileinspections.com. (CT) Parts and Accessories 5112. Don't puzzle over your shipping needs. We are your solution.Martin E. Button, Inc./Cosdel International Transportation 55 New Montgomery Street San Francisco, CA 94105 info@cosdel.com The Import-Export Expert www.cosdel.com. (CA) Inspections Doc's Jags. 480.951.0777, 480.951.3339. Restoration Center 623.869.8777. 23047 N. 15 Lane, Phoenix, AZ. 85027. The world's BIGGEST and BEST Jaguar Web site. #1 in Jaguars WORLDWIDE. Largest inventory of all models. Ask for “DOC.” Email doc@docsjags.com www.docsjags .com. (AZ) F. Roxas, Inc.. (708) 598-1000, The Only Thing Better Than New Is A Fran Roxas Restoration. Recent restorations include Duesenberg, Packard 12, 8-liter Bentley, Cadillac V16, Delahaye, Stutz DV32, Ferrari, 1950's & 60's Concept Cars. We take pride in enhancing our clients investments by bringing these truly one-of-a-kind cars back to life. Maybe, an even better life. The quality of our work has been nationally recognized since 1970 with consistent 1st place winners at concours shows around the world. F. Roxas, Inc. 708. 598.1000 Bridgeview, IL The Healey Werks. 800.251.2113, 712.944.4940. Premier automobile restoration company specializing in exotic, European and classic cars. Complete structural and body reconstruction, upholstery, world-class paint/refinishing, engineering, prototyping and mechanical services. Transport and logistical services available. www.healeywerks .com. (IA) Sports and Competition Morris and Welford. 714.434.856 2/203.222.3862, We operate an international specialist historic car consultancy and brokerage company based on both the East/West Coasts of the US and the UK offering specialist brokerage services of important historic cars to buyers and sellers throughout the world. www.morrisandwelford.com. (CA/CT/United Kingdom) Griot's Garage. 800.345.5789, The ultimate online store for automotive accessories and car care products. www .griotsgarage.com. (WA) Classic Showcase. 760.758.6199, 760.758.0600. sales 760.758.6100.Fullservice restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fit; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase .com www.classicshowcase.com. (CA) WeatherTech® Automotive AccesMercedes-Benz Classic Center. 1-866-MB-CLASSIC, The center of competence for classic Mercedes-Benz enthusiasts – for vintage car sales, meticulous restorations by manufacturer-trained technicians and the widest selection of Genuine Mercedes-Benz Classic Parts, we are the source. http:// www.mbclassiccenter.com/. (CA) sories . 800-441-8527, MacNeil Automotive Products Limited providing Automotive Accessories for your vehicles for over 20 years. MacNeil has defined high quality vehicle protection with the WeatherTech® line of Automotive Accessories. Choose from All-Weather Floor Mats, Extreme-Duty Floor Liners, Cargo/Trunk Liners, Side Window Deflectors, No-Drill MudFlaps, many different options of License Plate Frames and more. We have products available for virtually every make and model. To see and buy everything, go to www.WeatherTech.com. Restoration - General Carobu Engineering. 949.722.9307, Motoring Investments. 619-238- 1977, Award winning restorations, brokerage, sales & locating. Vintage German, Italian & British Mercedes specialist - SL, Pagoda & other models “Our website is a virtual buyer's guide for the 280SL.” www.motoringinvestments.com. Ferrari specialist. Engine rebuilding/ development, dyno-testing, parts and service. Your source for high performance brakes, suspension, gaskets, engine parts, wheels and exhaust. Dealer for Tubi, Brembo, Koni, Razzo Rosso, Sangalli, Zanzi, Novitech Rosso and X-Ost. www.carobu.com. Muscle Car 1000. 949.838.7076, RPM Classic Sports Cars. 802.877.2645, With over 25 years of experience in Classic Italian Sports cars, we know how to make your car perform as new. Please visit our website showing numerous cars for sale and a frequently updated BLOG to see what is going on in our busy shop including video links of engines being run on a test stand and on a chassis dynamometer. Our two car enclosed transporter makes getting your car to our shop October, 2009. This six-day luxury tour of Southern California includes exceptional muscle cars, exclusive activities, exquisite dinners, premium hotels, great friends, and fine wine. We're covering Orange County, San Diego, Palm Desert, Lake Arrowhead, Beverly Hills, and a great deal in between. Reserved for 1964-73 American muscle cars, 1962–68 Cobras, 1955–73 Corvettes. Apply early, as space is limited. www .musclecar1000.com. (CA) ♦ Legendary Motorcar Company. 905.875.4700, You may have seen our award winning, show quality restoration. Our 55,000 sq ft facility is specialized in extreme high-end restorations of rare American muscle cars. www .legendary-motorcar.com. (ON) RM Auctions, Inc.. 800.211.4371, 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) 519.351.1337. Celebrating 30 years in the collector car industry, RM Auctions and its associated companies are responsible for acquisitions, restorations and sales of the world's rarest and most valuable vintage automobiles, including record-breaking sales in Maranello, Italy and London, UK. RM's restoration division achieved unprecedented accolades in 2006, when the Company earned “Best of Show” honors at the world's top three collector car events in a single year. www.rmauctions.com. (CAN) Vintage Events within the northeast a breeze. www .rpmvt.com. 128 Sports Car Market

Page 128

Carl Bomstead eWatch Morford Makes Hay Motorcycle Tire sign rings the bells at $39,600, rare Excelsior mirror brings $1,210, Packard salesman's pin twists familiar slogan Thought Carl's Bill Morford has been conducting a couple of auctions a year for as long as we can recall. Bidding is by phone, but the status is frequently updated on his web site, www.morfauction .com. He specializes in country store items and includes a handful of my kind of stuff in most every auction. He has an amazing eye and finds the rare and unusual, and always in spectacular condition. Morford also has a client list that most auction companies would kill for, as he is able to get all the money, and rarely does a piece fall through the cracks. For example, how about $5,600 for a Cardinal Cherry syrup dispenser, or $4,200 for a Western University tobacco pocket tin? Here are a couple of automotive-related pieces from his most recent auction, along with some old standbys: WM MORFORD AUCTION. LOT 127— DIAMOND MOTORCYCLE TIRES SIGN. SOLD AT: $39,600. Date Sold: June 5, 2009. This spectacular 50″ x 15″ lithographed paper roll-down sign was in exceptional condition, with only a few minor and inoffensive creases. The colors were bright and vibrant, with wonderful graphics. The lady rider in full period garb was followed by her companion as they rode through a mountain pass. One of the best pieces I have seen in years but sold for about twice what I expected. WM MORFORD AUCTION. LOT 2—INDIAN EFINING COMPANY NAME BADGE. SOLD AT: $1,760. Date Sold: June 5, 2009. The Indian Refining Company used the running Indian logo until about 1925, and Texaco bought the company in 1931 to acquire its Havoline oil process patents. Oil company name badges are off their high of a few years back, but this one still brought adult money. All in all, a fair price for a rare badge, if this is your thing. EBAY #190311598851—CHAINED BULLDOGS HOOD ORNAMENT. Number of Bids: 35. SOLD AT: $1,425. Date Sold: 6/07/2009. This mascot is referred to as “Bouledogues a la Chaine” and was designed by LE Marvel. It was awarded first prize at the 1922 Salon de l' Auto in Paris and was offered with one, two, or three bulldogs. This one received a lot of interest, with 35 bids, but ended up selling for the going rate. WM MORFORD AUCTION. LOT 87— EXCELSIOR MOTORCYCLE ADVERTISING MIRROR. SOLD AT: $1,210. Date Sold: June 5, 2009. This celluloid pocket mirror was in excellent condition, considering that most have extensive foxing around the edges. The verbiage extolled the virtues of the Excelsior, stating that it was the “First Motorcycle to Attain Speed of 100 Miles per Hour,” among other attributes. The 4-cylinder Excelsior was favored by police departments and evolved in 1917, when the Henderson brothers sold their company to the Schwinn Bicycle Co. Excelsiors continued to be manufactured until 1931. Price paid here was fair, considering the condition and rarity. EBAY #130308837827—PACKARD “ASK THE MAN WHO SELLS ONE” LAPEL PIN. Number of Bids: 14. SOLD AT: $711. Date sold: 5/30/2009. This pin was a play on the famed Packard slogan “Ask The Man Who Owns One” and would have been worn by a salesman. It's the first time I can recall seeing one offered. A cool pin, but it sold for a fortune. Two guys put in have-to-have-it bids at more than twice what anyone else was willing to pay, and one came out the winner. EBAY #160335919674—THREE ORIGINAL BENTLEY BOYS PHOTOGRAPHS. Number of Bids: 5. SOLD AT: $428. Date Sold: 5/24/2009. One photograph was a press picture taken at Le Mans and featured the Bentley Boys with WO Bentley and Woolf Barnato in the background. The second featured Woolf and Tim Birkin in a winning Bentley, and the third was of Commander Glen Kidston. Interesting photos, and they sold for a bunch, considering they were not even signed. EBAY #320374900479—WESCO OIL CO 48″ PORCELAIN SIGN. Number of Bids: 12. SOLD AT: $4,850. Date Sold: 6/01/2009. The description stated that this sign was from the 1940s, although the Michigan company was not formed until 1952. They eventually had 50 outlets and even branched out with Dancin' Donuts stores. The sign was in good condi- tion, with interesting graphics of a jet plane, but it's still a bunch for a sign from the '50s. SUBSCRIPTION INFORMATION Sports Car Market (ISSN #1527859X) is published monthly by Automotive Investor Media Group, 401 NE 19th Street, Suite 100, Portland, OR 97232. Periodicals postage paid at Portland, OR, and at additional mailing offices. Subscription rates are $58 for 12 monthly issues in the US, $78 Canada/Mexico, Europe $88, Asia/Africa/Middle East $98. Subscriptions are payable in advance in US currency. Make checks to: Sports Car Market. Visa/MC accepted. For instant subscription, call 24-hours 800.289.2819, 503.261.0555; fax 503.253.2234; www.sportscarmarket.com. 130 POSTMASTER Send address changes to: Sports Car Market PO Box 4797, Portland, OR 97208 CPC IPM Sales Agreement No. 1296205 Sports Car Market