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BONUS Arizona Coverage: 1,719 sold, $120m, 202 Cars Rated Keith Martin's Sports CarMarket The Insider's Guide to Collecting, Investing, Values, and Trends FOUND Collier on the $365k Bugatti Immergé April 2010 1959 Lister Costin Jag Stuns at $1.1m 1,000-hp Aero Engine in 1931 Rolls, $451k www.sportscarmarket.com $26m GTO, $8m Cobra Daytona—The Market is Back! 300 Cars Damaged by the Scottsdale Storm: Who Pays?

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Sports CarMarket Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends 52 Lister Costin Jag—Ex-Briggs Cunningham April 2010 . Volume 22 . Number 4 50 Mercury—Dream car, surprising price 38 Ferrari—The last V12 roadster IN-DEPTH PROFILES What You Need To Know FERRARI 38 2001 Ferrari 550 Barchetta—$156,750 / Gooding No “little boat,” but V12 topless fun. Steve Ahlgrim ENGLISH 42 1931 Rolls-Royce Phantom II Merlin Special—$451,000 / Gooding WWII aero engine meets a Phantom chassis. Simon Kidston ETCETERINI 44 1925 Bugatti Brescia Type 22 Roadster—$364,700 / Bonhams What happens next to the Lady in the Lake? Miles Collier GERMAN 48 1952 Mercedes-Benz 220 Cabriolet B—$112,750 / RM Post-war car with a pre-war feel, in looks and craftsmanship. Donald Osborne AMERICAN 50 1954 Mercury XM-800 Dream Car—$429,000 / RM If ever there was a bargain concept car, this is it. Thomas Glatch RACE 52 1959 Lister Costin Jaguar Sports Racer—$1,100,000 / Gooding Big money for a sports racing special with all the best bits. Thor Thorson Cover photograph: Bonhams GLOBAL AUCTION COVERAGE 197 Cars Examined and Rated at Six Sales BARRETT-JACKSON 56 Scottsdale, AZ: The oldest—and largest—January auction sells 1,193 cars for $67.1m. Dan Grunwald RM AUCTIONS 70 Phoenix, AZ: RM's Biltmore staple gains an extra night and sells $19.7m, headlined by a $1m Aston DB4GT. Carl Bomstead GOODING & COMPANY 84 Scottsdale, AZ: $3.74m D-type Jag leads the week at Gooding's $34m auction. Donald Osborne SILVER AUCTIONS 98 Fort McDowell: High winds level tents, but Silver still sells 221 of 410 cars for $4m. B. Mitchell Carlson KRUSE INTERNATIONAL 108 Glendale, AZ: A pair of Duesenbergs highlight a $1.8m sale at the Renaissance Glendale Hotel. Lance Raber EBAY MOTORS 114 When one just isn't enough. Geoff Archer

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28 Legal Files—After the storm, who gets to pay? COLUMNS 10 Shifting Gears Real money reappears in the market Keith Martin 26 Affordable Classic Mazda Miata marks 20 years of zoom zoom Rob Sass 28 Legal Files Picking up the pieces at Russo and Steele John Draneas 40 Sheehan Speaks $26m GTO leads a string of world records Michael Sheehan 118 Bike Buys 750S America—the MV shafted by Count Agusta Ed Milich 130 eWatch 1908 Vanderbilt Cup replica stuns at $2,550 Carl Bomstead FEATURES 32 Cavallino: All the Ferraris come out to play 34 SCM Events: How we spent our winter vacation 36 Collecting Thoughts: John Dillinger's Model A 116 By the Numbers: Top 200 Arizona sales DEPARTMENTS 12 Crossing the Block / Auction Calendar 14 The Inside Line 16 Contributors 18 You Write, We Read 20 Display Advertisers Index 22 Time Pieces: Heuer Rally Clocks 22 Neat Stuff 24 In Miniature: 1964 Griffith Series 200 24 Book Review: Alfa Romeo Montreal: The Dream Car That Came True 68 Our Cars: 1970 BMW 2800 CS coupe 74 Glovebox Notes: 2012 Lexus LFA Supercar 106 Alfa Bits 115 Fresh Meat: 2010 Porsche 911 Turbo; 2010 Audi R8; 2008 BMW 135i convertible 120 Mystery Photo 120 Comments with Your Renewal 122 Showcase Gallery 126 Resource Directory

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Shifting Gears Keith Martin The Market Walks Tall declines in their annual New York sales. But on February 3, the market T spoke with an authoritative voice, as “Walking Man I,” a life-size bronze sculpture by Alberto Giacometti, was sold by Sotheby's for $104.3m, a world record for the most expensive work of art ever sold at auction. Sotheby's total for the evening was $235.6m. To put that in perspective, the combined Arizona total of BarrettJackson, Gooding, RM, Silver, and Kruse was $126.5m. Add that to the 2009 Monterey totals for Gooding, RM, Bonhams, Russo, and Mecum, $119.8m, and you have $246.3m. Sotheby's sold 31 lots to get to their total, the automobile auction companies sold 2,280 cars to get to theirs. The single most important element that sets the art market apart from So much tidier than the real thing wo years ago, the art market had cratered, with both Sotheby's and Christie's suffering huge year-over-year My retail sources tell me that once the engine is no longer the engine that came with the car—whether the engine is periodcorrect, a restoration restamp (that's a fancy word for fraud), or a properly installed crate motor such as a ZZ4 with aluminum heads— the value doesn't change much. Evidently, the Corvette world falls into two categories: completely correct and documented, at a premium price; and correct in every way but the engine, at a secondary price point. In this issue, Mike Sheehan writes about the buying and selling of two 250 GTOs, where the best-in-the-world GTO sold for a record-breaking $26m, and the collector car market is that of uniqueness. Especially with paintings, each work is one of one. It would be as if there were only one 250 Ferrari GTO, or one Ford GT40. In fact, what drives the pricing differential within, for example, the 250 GTO family are items of singularity. This GTO won the MOST races, making it one of one with that provenance. This Ford GT40 WON AT LE MANS in 1966, making it one of one with that as a part of its history. As you move down the pecking order of valuation, each variance from “the best of the best” reduces the market appeal of a car. Let's look at race cars. Not a factory team car? Knock. Won races but was crashed heavily, with many parts replaced? Knock. Didn't win anything? Knock. Was a backup car and never raced? Knock. Finally, the least valuable would be a racer built as a “continuation car” after the initial run ended. Who cares? I am often asked why it makes a value difference if, say, a 1963 Corvette Split-Window doesn't have its original engine, but instead has a period-correct one (one that was built during the same time period as the chassis, so might conceivably have been installed in the car in which it now resides). The answer is simple. Collectors are always looking for reasons to value one artifact higher or lower than another one. This differentiation has led to an entire army of appraisers, valuation experts, web sites, and even magazines like this one. Functionally, having a replacement 327-cubic-inch, 340-horsepower engine built in 1963, even if not the one originally installed in a car, makes absolutely no difference to the performance of the vehicle. (And if we want more performance, we can always install a later “crate engine” that incorporates modern technology—but improving the performance of vintage cars is an entirely different topic, and opens an entirely different can of worms.) Let's price a 1963 340-hp Corvette coupe, completely correct with a decent older restoration but without any Bloomington Gold or NCRS paperwork. It should bring around $60,000. Take the same car and replace its original engine with a period-correct one, not different in any way besides the engine stamping, and you can take at least $10,000 off the asking price. 10 the same seller bought a GTO with a lesser history and more stories, in the market-correct $16m range. In effect, the seller/buyer exchanged quality of provenance for $10m, and reportedly used the difference to buy a passel of vintage Ferraris. In fact, this “lesser” GTO will still get the owner into all of the exclusive GTO events the more expensive car did, so all he has lost is bragging rights. Shine over grime As we have noted before in SCM, the trend in collector car valuation is away from pretty and toward correctness and authenticity. But let's not be too quick to drink our own patinated Kool-Aid here. I would suggest that the old car market at large still prefers shine to grime, and fresh paint to faded. A large part of owning a collector car is the head turning it causes when you drive down the street, or pull up at an event. If you show up in an unrestored Maserati 3500 GT, at least 90% of an assembled audience is going to wonder why you don't replace the crappy old weathered paint job on your otherwise cool car, and give it some eyeball sizzle. Trying to explain to the casual car fan that a lackluster preserved car is really preferable to a fluffed and buffed restored one is a hopeless cause. Scottsdale This issue is devoted to Scottsdale, with our exclusive hands-on cov- erage of the auctions, plus John Draneas's insightful look at the insurance issues that are surfacing in the aftermath of the Russo and Steele winddriven disaster. As I went from auction to auction, I found a sense of confidence in the bidders that was missing a year ago. There was a sense that the market found its bottom last year, and that the new prices for cars are going to stick. There is still plenty of money around for best-of-the-best cars, and there is still no money around for the clones and fakes that shone so briefly three years ago. If you have avocational money to work with, I would suggest this is a very good time to buy the best quality merchandise you can. You'll get more usefulness out of your investment if you buy documented correctness rather than never-touched originality—you'll pay less, be able to drive more, and get more kudos from the gang. But if you are ready to move to a more thoughtful level of collecting, with all the pluses and minuses that entails, a no-stories original is what you should be looking to put into your garage, and what will ultimately have the highest long-term value. ♦ Sports Car Market

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Crossing the Block Jim Pickering Touted as the Midwest's largest all-indoor auction, this annual event usually draws over 250 consignments to the Rock Financial Showplace in Michigan. A heavy grouping of high-quality classics and American muscle will again be available, as well as a handful of exotics and several European sports cars. Generations of Bentleys at the Bonhams RAF sale Barrett-Jackson—Palm Beach 2010 Where: West Palm Beach, FL When: April 1–3 More: www.barrett-jackson.com Last year: 487/487 cars sold / $20m Barrett-Jackson's West Palm Beach event tends to be a little more relaxed than the annual Scottsdale auction, with around 500 cars crossing the block over three days. The Americraft Expo Center will again host for this year's auction, and the Speed Channel will be on site as always, providing over 18 hours of live auction coverage. An assortment of American muscle will be available, including a 1969 Camaro Z/28 in Hugger Orange. Mecum Auctions—Kansas City High Performance Auction Where: Kansas City, MO When: April 9–10 More: www.mecum.com Last year: 150/234 cars sold / $2.5m Around 400 consignments are expected at this spring's Kansas City sale, to be held at the Kansas City Convention Center. The auction will be broadcast live via Mecum's “Muscle Cars & More” television series on Discovery's HD Theater, and plenty of American muscle and classics can be expected. The Branson Auction Where: Branson, MO When: April 16–17 More: www.bransonauction.com Last year: 138/272 cars sold / $4m Barn finds will take center stage at the spring Branson auction, which this year celebrates 30 years of service to the collector. More than 20 barn-fresh collectibles will be featured, including rarities like a 1908 Maxwell roadster and a ropedrive 1904 Holsman with its original leather fenders. The sale promises to be big, with muscle cars, sports cars, and several high-end Full Classics rounding out the consignment list. 12 Bonhams—The RAF Museum Where: Hendon, UK When: April 19 More: www.bonhams.com Last year: 76/85 cars sold / $5.4m Bonhams's annual Royal Air Force Museum sale typically sees 75 consignments displayed under the wings of the museum's vintage warbirds. Featured is a 1962 Bentley S3 LWB with coachwork by Park Ward / Harold Radford, as well as a one-owner 1997 Bentley Continental T. The S3 is estimated at $55k to $62k, while the Continental is thought to be worth between $70k and $86k. H&H Auctions—The Pavilion Gardens Where: Buxton, UK When: April 21 More: www.classic-auctions.com Last year: 84/92 cars sold / $1.9m Headlining this annual Buxton sale at the Pavilion Gardens is a 1930 Lagonda 2-Liter Supercharged tourer supplied new to T.C. Mann and thought to be worth between $125k and $156k, as well as a 1932 Aston Martin International valued between $110k and $140k. Carlisle Auctions—Spring Carlisle 2010 Where: Carlisle, PA When: April 22–23 More: www.carlisleauctions.com Last year: 101/221 cars sold / $1.7m This annual spring event typically sees around 250 consignments cross the auction block, and it's known for having a good selection of affordable classics. This year's run list includes a 1936 Ford phaeton, a 1937 Chrysler Airflow, a 1941 Cadillac Series 60 4-door sedan, a 1955 Mercury Montclair, and a 1965 Buick Riviera. RM Auctions— Classic Car Auction of Michigan Where: Novi, MI When: April 24–25 More: www.rmauctions.com Last year: 121/252 cars sold / $2.1m Bonhams— Les Grandes Marques à Monaco Where: Monte Carlo, MCO When: April 30 More: www.bonhams.com Last year: 46/92 cars sold / $6.2m Returning to the Musée des Voitures du Prince in Monaco, this 21st annual event will once again feature a group of rare high-end collectibles. Headliners from last year's sale included a 1938 BMW 328 roadster at $507k, a 1990 Ferrari F40 LM Competition coupe that made $1.3m, and a 1966 Porsche 906 race car that achieved $782k. Worldwide Auctioneers— The Houston Classic Where: Seabrook, TX When: April 30–May 2 More: www.wwgauctions.com Last year: 68/106 cars sold / $5m Worldwide's annual auction at the Keels & Wheels Concours will feature over 110 cars, joined by a separate group of 74 highend no-reserve lots from the R.E. Monical Collection. Headliners include a 1963 Porsche 356 Carrera 2 cabriolet, a 1914 Packard 4-48 7-Passenger touring phaeton, and a 1934 Rolls-Royce PII Continental Roadster. ♦ 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. APRIL MARCH 6—BONHAMS Oxford, UK 12—GOODING & CO. Amelia Island, FL 13—H&H Warwickshire, UK 13—KRUSE Huntsville, AL 13—RM Amelia Island, FL 15—SHANNONS Melbourne, AUS 19-20—BUD WARD Hot Springs, AR 20-21—ICA Gilbert, AZ 20—SILVER Portland, OR 22-23—BARONS Surrey, UK 24—BRIGHTWELLS Herefordshire, UK 26-28—RM Fort Lauderdale, FL 26-27—LEAKE San Antonio, TX 26-27—SANTIAGO Amarillo, TX 1-3—BARRETTJACKSON Palm Beach, FL 3—KRUSE Schaumburg, IL 8-9—TOM MACK Charlotte, NC 9-11—COLLECTOR CAR PRODUCTIONS Toronto, CAN 9-10—MECUM Kansas City, MO 10—ICA Amarillo, TX 16-17—BRANSON Branson, MO 19—BONHAMS Hendon, UK 21—H&H Buxton, UK 22-23—CARLISLE Carlisle, PA 24—CHEFFINS Cambridge, UK 24-25—RM Novi, MI 25—BONHAMS Stafford, UK 26-27—BARONS Surrey, UK 30—BONHAMS Monte Carlo, MCO 30-May 2— WORLDWIDE GROUP Seabrook, TX MAY 1—BUD WARD Tupelo, MS 1—ICA Dallas, TX 1—RM Monte Carlo, MCO 3—SHANNONS Sydney, AUS 8—BUD WARD Fort Worth, TX 8—BONHAMS & BUTTERFIELDS Carmel, CA 12—SILVER Spokane, WA 14-16—KRUSE Auburn, IN 19-23—MECUM Indianapolis, IN 22—BONHAMS Newport Pagnell, UK 22—ICA Tucson, AZ 22—MIDAMERICA St Paul, MN Sports Car Market

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Inside Line Stefan Lombard Send news and event listings to insideline@sportscarmarket.com. California Mille's 20th Anniversary Industry News ■ Barrett-Jackson has an- nounced that during its 39th annual auction in Scottsdale, the company auctioned 17 cars for various charities and, along with its ChildHelp Gala, raised nearly $4.5m. Top seller among them was a 2011 Ford Mustang GT glass roof pace car, which brought $300,000, while Darrell Gwynn's 1990 Coors Extra Gold top fuel dragster replica was sold and donated back twice to raise $410,000. www.barrett-jackson .com. Transitions ■ Ellen “Nellie” Jackson, matriarch of the Barrett-Jackson Auction Company and trailblazer in the collector car hobby, died Wednesday, February 10, in Scottsdale, Arizona, of natural causes. She was 90 years old. In 1971, along with late husband Russ and Tom Barrett, she helped create the Barrett-Jackson Auction Company and had been actively involved in its management since then. She is survived by her son, Craig Jackson, and 14 grandchildren, Shelby and Hunter Jackson. She was preceded in death by her husband, Russell Jackson, and son, Brian Jackson. Donations in her honor can be made to the Russ & Brian Jackson Cancer Research Fund, 400 E. Van Buren St., Phoenix, AZ 85004, or online at www .russandbriancancerfund.org. Events ■ The 46th annual Portland Swap Meet takes place April 9–11 at the Portland Expo Center. Presented by six area antique car clubs, the event is the largest auto parts swapmeet on the West Coast, with approximately 4,200 vendor stalls and over 50,000 shoppers each. Admission is $7 per day. www.portlandswapmeet.com. (OR) ■ The 20th Annual Bell Lexus Copperstate 1000 kicks off at Tempe Diablo Stadium on April 10, where the public can spend some time ogling the sheetmetal. Over the next four days, the route heads north to the Grand Canyon, then up to Page and the southern tip of Lake Powell, down through Flagstaff, Sedona, and off-the-beaten-path places like Strawberry and Payson, before concluding in Tempe. Participants can expect a police escort for all 1,000 miles to aid in trouble-free motoring, as well as full-time mechanics to keep the wheels turning. $5,550. www.copperstate1000.com. (AZ) ■ Also celebrating its 20th year is the California Mille. Host Martin Swig's grand event runs April 25 to 29 and promises to take participants over some of the best driving roads in the state, which coincidentally tend to be free of extraneous traffic. Add in terrific food, high-point wine and tall tales every night, and you've got a winning combination. The pre-1958 entries range from diminutive Porsche Speedsters to hulking Panamericana Lincolns. SCM Publisher Martin and his wife, Wendie, will be driving an Alfa and look forward to hanging out with fellow SCMers. $5,800. www.californiamille.com. (CA) ♦ Event Calendar 8-10—Classic Endurance Racing (FRA) www.classicenduranceracing.com 8-11—Techno Classica Essen (DEU) www.siha.de 9-11—46th Annual Portland Swap Meet (OR) www.portlandswapmeet.com 10-14—Copperstate 1000 (AZ) www.copperstate1000.com 11—Greystone Mansion Concours (CA) www.beverlyhills.org/greystone 15-18—Top Marques Monaco (MCO) www.topmarquesmonaco.com 19-24—Tour Auto Optic 2000 (FRA) www.tourauto.com 21-25—Spring Carlisle Swap Meet (PA) www.carlisleevents.com 23-25—Concorso d'Eleganza Villa d'Este (ITA) www.concorsodeleganzavilladeste.com 25-29—California Mille (CA) www.californiamille.com 26-30—JCNA Western States Meet (CA) www.jcna.com Sports Car Market

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SCM Contributors YVO ALEXANDER has been writing about and photographing Ferraris for more than ten years, both for European and American magazines. A native of Amsterdam, he has worked all over the world and speaks several languages. These days, he runs his own company based in the Netherlands, which is active in supplying specialized products to the racing community. His personal collection includes two Ferraris—a 1962 250 GTE and a 1968 330 GTC. In January, he made his first trip to the Cavallino Classic, then spent a weekend in the pits at the Rolex 24 Hours of Daytona, attended the Speedway during preparations for the Daytona 500, and saw his first dirt track race at Volusia Speedway Park. His story about Cavallino appears this month on p. 32. CARL BOMSTEAD bought his first car when he was 14 and has owned at least a hundred since. While Full Classics are his poison, he can't ignore a good sports car or hot rod. His vintage automobilia collection includes hundreds of porcelain signs, mascots, oil cans, and several display cases full of automotive memorabilia. Bomstead has judged at Pebble Beach for the last 14 years and served as Chief Judge at the Kirkland Concours d'Elegance for its first three years. His articles have appeared in every issue of SCM for the last decade, and his regular “eWatch” appears on p. 130. In Scottsdale, he attended RM's Automobiles of Arizona event, and you'll find his coverage on p. 70. PAUL DUCHENE grew up in England and has been riding, driving (and mostly writing about) cars and motorcycles since 1958, when he bought a 1939 James Autocycle for $5. He's written for daily newspapers and magazines for 40 years, including the Chicago Tribune and New York Times, and has owned upwards of 200 cars and 30 motorcycles, most of which survived to be sold. His daily driver is a 1984 Cadillac Seville in Palomino Firemist, but on sunny days you'll find him grinning over the windshield of a 1968 Siata Spring. After seven years, he handed over the reins to SCM's Bike Buys column, and now concentrates full time on his role as Executive Editor. His story on John Dillinger's Model A Ford, which sold for $165k at Barrett-Jackson, is on p. 36 MICHAEL SHEEHAN is a Ferrari historian and broker with over three decades in the business. He operated a thirty-man Ferrari crash repair and restoration shop for over two decades. He has a passion for racing and has competed in the Mazda Pro Series, Trans-Am, IMSA GTO, and IMSA Camel Lite, and has three drives in the 24 Hours of Daytona and 12 Hours of Sebring. He is getting his pilot's license with his 17-year-old son, as he flies around the western U.S. to buy or consign Ferraris and Ferrari collections. His regular column, “Sheehan Speaks,” has been a part of SCM since 1993, and this month on p. 40 he tells us that the top of the Ferrari market is back in full swing. Sports Car Market Publisher Keith Martin keith.martin@sportscarmarket.com; 503.261.0555 x 210 Art Director Kirsten Hegg kirsten.hegg@sportscarmarket.com; 503.261.0555 x 202 Executive Editor Paul Duchene paul.duchene@sportscarmarket.com; 503.261.0555 x 206 Managing Editor Stefan Lombard stefan.lombard@sportscarmarket.com; 503.261.0555 x 203 Auction Editor Jim Pickering jim.pickering@sportscarmarket.com; 503.261.0555 x 208 Copy Editors Yael Abel, Kristen Hall-Geisler, Bill Neill Senior Auction Analysts B. Mitchell Carlson, Carl Bomstead, Paul Hardiman (Europe) Auction Analysts John Clucas (Australia), Daniel Grunwald, Jérôme Hardy (Europe), Chip Lamb, Norm Mort (Canada), Dale Novak, Phil Skinner Contributing Editors Steve Ahlgrim (Ferrari), Gary Anderson (English), Colin Comer (Muscle Cars), John Draneas (Legal), 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, 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 Information Technology Mike Newkirk mike.newkirk@sportscarmarket.com; 503.261.0555 x 214 Financial Manager Nikki Nalum nikki.nalum@sportscarmarket.com; 503.261.0555 x 205 Strategic Planner Bill Woodard Print Media Director Wendie Martin wmartin@enthusiastmediagroup.com; 206.427.1652 Executive Producer, SCM Television Roger Williams roger_williams@earthlink.net ADVERTISING Display Advertising Executives Tom Mann tom.mann@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 & Marketing Coordinator Mary Artz mary.artz@sportscarmarket.com; 503.261.0555 x 218 Subscriptions Coordinator Assistant Moira Blackflower moira.blackflower@sportscarmarket.com; 503.261.0555 x 216 To order new subscriptions or for questions about current subscriptions 877.219.2605, x 1; service@sportscarmarket.com, fax 503-253.2234 M–F 9 am to 5 pm PST www.sportscarmarket.com CORRESPONDENCE Email service@sportscarmarket.com Customer Support www.sportscarmarket.com/helpdesk Fax 503.253.2234 General P.O. Box 4797, Portland, OR 97208 FedEx/DHL/UPS 401 NE 19th, Suite 100, Portland, OR 97232 The information in Sports Car Market magazine is compiled from a variety of reliable sources. However, we disclaim and deny any responsibility or liability for the timeliness, use, interpretation, accuracy, and completeness of the information presented. All material, data, formats and intellectual concepts in this issue © 2009 by Sports Car Market, Inc., Automotive Investor Media Group and Automotive Investor 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 16 PRINTED IN USA

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You Write We Read All letters are subject to editing. Please address correspondence to SCM, P.O. Box 4797, Portland, OR 97208. Fax 503.253.2234, e-mail: youwrite@sportscarmarket.com Clipped Gullwings To the Editor: I read February article on the 1954 Mercedes 300SL AMG coupe by Miles Collier with quite a bit of interest (“German Profile,” p. 42), as at the same time there was a lively web discussion occurring regarding another of these cars—the 300SL Gullwing that was fitted with a current MB drivetrain and painted in camouflage for a Japanese designer. In comparison to that one (also done, I believe, by AMG), the car profiled in SCM looks positively restrained in character. If you have not seen the BAPE car, as it is called, I would urge that you do not, or else wait until you are having a particularly bad day to do so, as it is most suitable for viewing on a day that is already ruined by something else. Mr. Collier's discussion, though, is very much to the point. What is acceptable in modifying an irreplaceable and rare vintage automobile? He has commented in the past on what one ought to do when given the chance to own a car whose rarity and character make decisions of this kind significant ones. A reasonable point of view is that reversible changes are far more acceptable than permanent butchering of the type inflicted on s/n 0066; another plausible example might be the fitting of a 5-speed or 4-plus-OD gearbox to a Lusso, in which the original unit could be reinstalled if another owner so desired. An equally tenable point of view would be that automobiles that are perfectly usable in modern circumstances as originally built (such as the 300SL) should not be modified at all, which is my own strong feeling and I suspect that of many people who read this journal. If a car is deteriorated, it ought to be restored. If sound and in need of maintenance or repair, that ought to be done as well. But vintage cars should not be used as a canvas to illustrate the questionable taste or the lack thereof of certain individuals who wish to have the “look” of a vintage car while enjoying all the soulless efficiency of a modern 18 Mr. Collier's discussion is very much to the point. What is acceptable in modifying an irreplaceable and rare vintage automobile? A reasonable take is that reversible changes are far more acceptable than permanent butchering of the type inflicted on s/n 0066 vehicle. For the money spent to take 0066 to a point where it can never be an original car again, a copy of an original car could have been created and equipped with all the features that 0066 now so sadly displays. That would have preserved an original Gullwing for posterity and furthermore shown that the creators of such a car (AMG) were willing to give an original Gullwing its proper respect. I am reminded of the joke— not suitable for printing in its entirety here—about a dog. The punchline, which can be printed here, is, “Because he can.” The fact that someone has the ability to remake a 1954 Mercedes with a modern drivetrain and trimmings does not justify doing it. Quite the reverse, in fact; it is a triumph of shallow thinking over what ought to have been respectful stewardship. Regrettably, it's too late, now.—Jim Rosenthal, Annapolis, MD Dad's old Gran Sport To the Editor: Great to see the story on my father's old Alfa 6C 1750 GS (February, “Etceterini Profile,” p. 40). He owned this car before I was born in 1954, but I heard many stories about it. One was that his brother, my Uncle Art, drove it at high speed through a plowed field in Long Island, ruining all of the shocks. My father spent a lot of time at Zumbachs in NYC for repairs and to admire all the great cars that came through there. I remember him telling me that one of his Alfas of this period was badly crashed and Zumbachs had to make a chalk outline on the garage floor to lay the chassis on for straightening. I have a large amount of 35-mm negatives of his, some of which may be of this car. The negs are from the 1930s through the 1960s. Anyone interested in them, please let me know, as they should go to a good home.—Jon Stein, Wolcott, CT, snoutchip@comcast.net Porsche in plain sight To the Editor: I am a retired trial lawyer (Assistant U.S. Attorney for 22 years) and a car guy. Apropos of John Draneas's recent “Legal Files” column about the damage done by federal agents to a Ferrari F50 seized by the government from a drug dealer (February, p. 26), I handled a case I think you'll enjoy hearing about. In about 1990, U.S. Customs had received a tip that a wealthy car collector had recently imported an old Porsche race car and declared its value as $93,000. According to their source, the car (908/2) was worth more than $1 million. At the time, Customs agents found it unbelievable that an old race car was worth $93,000, much less $1 million, but someone told the agent in charge

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Ad Index Alan Taylor ............................................. 57 Aston Martin of New England .............. 109 Autobooks-Aerobooks .......................... 129 Automobilia Monterey .......................... 129 Autosport Designs ................................. 101 Barrett-Jackson ....................................... 25 Battery Tender/DBA Deltran ................ 125 Bonhams & Butterfields .......................... 21 Branson Collector Car Auction ............... 61 Carrera Motors ........................................ 35 Charles Prince Classic Cars .................. 103 Cheetah Continuation Collectible .......... 95 Chubb Personal Insurance ....................... 85 Classic Showcase .................................... 63 Classy Chassis ......................................... 69 Cobalt Automotive LLC ....................... 131 Collector Studio .....................................111 Columbia River Concours ....................... 81 Condon & Skelly................................... 109 Cosdel ..................................................... 71 Dana Point Concours d'Elegance ........... 73 DL George Coachworks .......................... 83 Driversource Houston LLC ................... 105 Equipe Watches ....................................... 23 European Collectibles ........................... 121 Exhibitions & Trade Fairs ....................... 89 Exotic Car Transport ............................. 125 F40 Motorsports .................................... 121 Fantasy Junction ...................................... 93 Ferrarichat.com ..................................... 113 General Racing ........................................ 75 Gooding & Company ................................ 2 Granite Digital ...................................... 119 Grundy Worldwide .................................. 99 Gullwing Motor Cars, Inc. .................... 105 Hagerty Insurance. .................................. 27 Heacock Classic ..................................... 37 Heritage Classics ..................................... 65 Intercity Lines ......................................... 41 JC Taylor ................................................. 47 JJ Best Banc & Co ................................ 123 Juniors House of Color ......................... 129 Keels and Wheels Concours ................... 77 Kidston .................................................... 11 Louisville Concours ................................ 79 Mac Neil Automotive ...................... 31, 121 Mecum .................................................... 91 Mercedes Classic Center ......................... 17 Miller's Mercedes Parts, Inc ................ 125 Motorcar Portfolio ................................ 113 Park Place LTD ....................................... 33 Paul Russell ............................................. 97 Plycar Transportation Group ................... 59 Poff Transportation ............................... 125 Porsche .................................................... 19 Portland Swap Meet .............................. 125 Putnam Leasing ....................................... 49 Reliable Carriers ..................................... 55 RM Auctions ............................. 7, 9, 13, 15 Ron Tonkin Gran Turismo ...................... 95 RPM Autobooks .................................... 129 Sotheby's Australia ................................. 67 Sports & Specialist Cars ......................... 99 Steve Austin's Great Vacations ............. 119 Symbolic Motor Car Co ............................ 3 The Finish Line ..................................... 121 The Masterpiece ...................................... 87 The Stable, Ltd. ..................................... 101 Ulysse Nardin Watches ......................... 132 Urban Art .............................................. 103 VeloceSpace ............................................ 97 Vintage Rallies ........................................ 93 VIP Transport Inc. ................................. 129 Watchworks ........................................... 129 Worldwide Group ...................................... 4 20 that he should run it by me, as I knew a lot about cars. I checked with a Porsche race car expert who knew of the car. He advised that it was built and raced in 1969 and its value was currently about $1.5 million. Through some more networking, I discovered that the car was, at that time, in the shop of a reputable local restorer, who was prepping it to run at that year's Monterey Historics. I then wrote up a Criminal Complaint and told Customs to seize the car. They grabbed it just as it was being loaded into a transporter headed to Laguna Seca. After the seizure, I told Customs this was a very valuable car and needed to be stored carefully. Looking for a safe storage site, I contacted a local Porsche shop, where I happened to take my BMW to be serviced. The owner, a German who had once raced an RSK Spyder, had a superb reputation for honesty and integrity. As it turned out, he also happened to work on a 356 owned by the owner of the 908. Despite that, he said he could put it up on jack stands, drain the fluids, prepare it for long-term storage, and cover it with tarps in a way that it would simply look like stacks of spare parts. That way, if the owner brought his 356 in for repairs, he would not have any idea it was right there under his nose. The shop owner gave me a monthly rate, which I convinced Customs to pay in order to avoid any possibility that the car might be damaged during storage elsewhere. The next day, the 908 owner and his lawyers filed a motion to have the car released immediately to avoid damage and improper storage. I assured the court that it was being well cared-for. The lawyers then told the judge that it must go to Monterey that weekend, as it was being driven by the founder and director of the Historics, Steve Earle, and that it was the “featured car” in a race event that was being staged for charity. While I had not yet been to the Historics, I suspected that was false. I checked on it with Earle, who said that the owner had simply asked him if he'd like to drive the 908 (which he did) and that it was certainly not the featured car at the races. The This car was not an Alpine conversion but one of the very scarce Tiger Mk IIs from 1966–67—one of only 633 produced. judge refused to release the car. During a ridiculous barrage of defense motions and personal accusations against me, including accusations that I had “ordered” the seizure because I wanted to drive a 908, it occurred to me the owner may also have not reported any profits from his numerous sales of Ferraris and Alfas over the previous few years. That was borne out when we obtained the tax returns. His accountant, when interviewed by an agent, revealed that because he knew the client was a car collector, he made it a point always to ask him, before preparing returns, whether he had sold any cars at a profit. The client/owner, he said, had told him he'd never made a profit. Knowing that was absolutely false, I added a few false tax return charges to the charge of false Customs declarations. Eventually, the guy pled guilty to tax fraud and agreed to pay the IRS all taxes owed plus interest and penalties (about $750k), plus about $75k to Customs to get his 908 back. But before he paid his fines to Customs, he demanded to see and inspect the 908 for damage and deterioration while under the care of Customs. When I told him where it had been stored, he immediately wrote the check and signed off on the delivery, telling us that if his own mechanic had stored it, there was no need for an inspection. The mechanic later told me that the owner had brought his 356 in for service several times while the 908 was sitting right next to his 356, and he'd never even asked what was under the tarps.—David Katz, San Diego, CA Tiger in a bear market To the Editor: Some collector, either very astute or just plain lucky, got himself one exceptional bargain with lot 725, a 1966 Sunbeam Tiger that sold at $23,004, at the Auctions America Raleigh Classic, in December of 2009, covered on p. 94 in the March issue. As Chip Lamb concluded about the 1966 Sunbeam Tiger, it was “a home run for the buyer,” for this car was not an Alpine conversion but one of the very scarce Tiger Mk IIs from 1966– 67—one of only 633 produced. These were built after the Chrysler takeover of Rootes Group and carry an eggcrate-style grille, painted headlamp rims, and a Ford solid-lifter 289 V8 in place of the previous 260 power, which gives this Tiger II a 36-hp boost. Bottom line: The car was bought for about 50 cents on the dollar.—Dave Brownell, East Coast Representative, Gooding & Company Errata On p. 12 of our 2010 Spring Auction Guide and p. 10 of our March issue, we incorrectly stated the pre-auction estimate of the 1938 Peugeot 402 Darl'Mat at Gooding's Amelia Island auction. The correct estimate is $650k– $850k. ♦ Sports Car Market

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Time Pieces by Alex Hofberg Heuer Rally Clocks Since the beginning of the automotive era, racers and spectators have shared the exhilara- tion of auto racing. Racers pitted their skills and their machines against other cars and against the clock, on surfaces ranging from goat paths to desert sand, open roads to closed circuits. Though timing is critical in any form of racing, the road rally brings the timing equipment inside the car, where it must be accurate, legible, and operable by a navigator—who may have the more difficult task in the car. The navigator in a traditional rally must be able to log starting time and elapsed time between any two checkpoints, as well as the cumulative time of the rally as a whole. He or she must be able to calculate the average speeds necessary to arrive at control points exactly on time. One of the biggest names in race timing equipment is the Swiss firm Heuer, whose history of watches and stopwatches is well-documented. In 1911, Heuer introduced a dash-mountable clock for aircraft or automobiles with a function that would allow both the telling of time and elapsed time up to twelve hours, known as the “Time Of Trip.” Though this clock was successful, it lacked a second hand, which was necessary for accurate race timing. In 1938, Heuer solved this problem by introducing a pair Details Production date: 1930s–1970s of clocks as a team, for the dash or a clipboard. One was the Hervue, an eight-day clock, and the other the Autavia, a sweep-second stopwatch, with recording hands for events up to twelve hours. At last, navigators could record the time a checkpoint was reached and the time it took to reach it. From that, average speed and other calculations could be made. The 1950s saw the beginning of the “golden age” of road rallying, and Heuer made rally timing clocks that included the Master Time, which featured an eight-day power reserve, and the Super Autavia, which featured both clock and stopwatch in one. Heuer also offered stopwatches, such as the Autavia and the Monte Carlo, with an easily read hour recording disk, allowing the elapsed time to be read at a glance. Sets marketed under the name Rally Master usually comprised a Master Time and a Monte Carlo mounted together on a chrome dash plaque. Later models were made in plastic cases, and Heuer introduced models with electronic movements. If this story prompts you to rush out and buy a nice set of period Heuer rally clocks, be aware they are hard to find and expensive. Prices range from $2,500 for single pieces to well over $6,000 for nice sets. Many of the items on eBay that seem like “deals” are unfortunately fakes or wannabes. And items for sale that sound real can be in foreign countries, which makes verifying authenticity difficult. Though the build quality of the clocks is quite good, hard use was likely and it can mean expensive repairs. For further information on Heuer, I recommend a wonderful web site, www.onthedash.com, which is a repository of Heuer knowledge, with volumes of interesting photos. ♦ Neat Stuff by Stefan Lombard Eat your heart out, Barris When it comes to carting your kiddies around the show-n-shine, it's nice to keep them comfortable. But let's face it, they should look good, too. Enter the Roddler by Kid Kustoms. With its Billet machined-aluminum chassis, teardrop fenders, chrome grips, wide whitewalls, and leatherette seat, never has a stroller looked so boss. And when junior's outgrown it, the Roddler easily converts into an equally cool Trike. The Roddler is $1,999 and comes standard in black, red, or white, but is easily customized. The trike kit adds $499, or a full Trike can be purchased separately for $999. www.kidkustoms.com. Suitable attire In today's Nomex-only rac- ing environment, take a step back and cool off in Suixtil race gear. During the 1950s and '60s, Argentina's Suixtil brand became a mainstay of motorsport, clothing everyone from Juan Manuel Fangio and Wolfgang Von Trips to Stirling Moss and Peter Collins. The name eventually faded away, but it's been revived and now recalls the great racing era of yesteryear. The Heritage Line faithfully re-creates the 100% cotton race pants and shirts, as well as the Pima cotton long-sleeve polo and cashmere navy sweater that made up the Suixtil look. Prices range from $75 to $280. www.suixtil.com. 22 Sports Car Market Market value for properly restored example: $7,000–$9,000 Best place to mount one: On the dash of a 1956 Alfa Romeo Giulietta Veloce SCM Five-Star Rating: Rarity: Durability: Parts/Service Availability: Cool Factor: Web: www.onthedash.com Recent eBay Sales: Dual Heuer Stop watches. Original Autavia: $2,375 (Feb. 6, 2010) 1970s Heuer Triple Set Dash Clocks: $565.55 (Jan. 27, 2010) Vintage Heuer Monte Carlo Stopwatch: $881 (Feb. 7, 2010)

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In Miniature by Marshall Buck 1964 Griffith Series 200 The original Griffiths have an awe-inspiring or frightening powerto-weight ratio, depending on how you view it, and their looks are described as attractive, or quirky. Powered by a small-block 289-ci Ford engine, these tiny monsters weighed in at 500 lb less than a 289 Cobra, which was Jack Griffith's target. With a miniscule 85.5-inch wheel- Model Details Production Date: 2010 Quantity: 454 combined, in two editions base, you needed to make certain of two things before you stuffed yourself into one: Don't do anything stupid behind the wheel, and have your life insurance paid up in case you do. Good things come in small packages. That saying holds true for SCM Five-Star Rating: Overall Quality: Authenticity: Overall Value: Web: www.automodello.com two 1:43-scale gems from Automodello, a new model manufacturer based in the U.S. The models were engineered and designed Stateside as well, though the actual pieces are produced in Asia. The two shown here are brand-new pre-production samples. Production models should be available by late March. The Griffith 200 is the first in the new range, and I'd say the company is off to a great start; I'm looking forward to the next release. Although a few other companies have made models of the Griffith 200 before, none were terribly accurate. But the powers that be at Automodello have put a great deal of thought and effort into their Griffith models. They are something that both Jack and Automodello can be proud of. This model also happens to be the first and only replica officially endorsed by Jack Griffith. Spend a little time with one of these models and you'll appreciate what's gone into it. Body shape perfectly captures the feel of the real auto, and numerous photo-etched details are applied, including two features I'm especially pleased with. The wire wheels are oh-so delicate and look just right. The compre- hensively detailed light tan interior has a correct three-spoke steering wheel with an expertly scaled thin rim. The dash is fully detailed, as are the door panels with separate door handles and window cranks which are slightly oversized, though you'd have to stare hard to realize it. Looking up at the hand-painted headliner, you'll see two sun visors. The color choices are refreshing and perfectly suited to the body shape. Each model comes mounted in a display case, along with a descrip- tion card about the real car. These are limited-edition, hand-built models, though not extraordinarily so. The standard edition in Regal Red has a run of 262 pieces priced at $95, and the Opalescent Silver Blue model is from the “Founders Edition,” limited to 192 numbered pieces, each accompanied by a certificate personally signed by Jack Griffith. Those are priced at $195. And by the way, 192 is the exact number of Griffith Series 200 cars Jack produced. Available from Automodello: 847.274.9645. Speaking Volumes by Mark Wigginton Alfa Romeo Montreal: The Dream Car That Came True By Bruce Taylor, Veloce, 208 pages, $50.37, Amazon There used to be an entire quarter-long seminar in the UCLA film school on “Citizen Kane.” It was a classic dissected, with detailed looks at the many groundbreaking achievements in Orson Welles's masterpiece, from story structure to the use of ceilings on sets, to Gregg Toland's cinematographic innovations. Last month I reviewed the motorbook equivalent to that seminar, Colin Comer's equally detailed and loving look at the cars from Carroll Shelby. This month, I have to say, before us is the motorbook equivalent of a seminar on “Porky's II: The Next Day.” Now, there is no denying author Bruce Taylor's love for the Alfa Romeo Montreal, that Miura wannabe showcased first at Expo '67 in Montreal and finally in production from 1971 to '75. There isn't even a quibble that the Montreal, loathed by one and all at introduction, has gone through a bit of Jimmy Carter-like reappraisal. Some in the motoring press have even come to like it. But an entire book? On the Montreal? The author compares the Montreal to the Lamborghini Miura, also designed at the same time at Bertone by 27-year-old Marcello Gandini. Only someone blinded by love would link the real beauty with her aesthetically challenged ugly sister. Oddly proportioned, sitting too high and louvered like a New Orleans bordello, the Montreal is also ill-handling and reportedly prone to bursting into flames (thanks to Spica fuel injection). Since there isn't much to say about the car, the book is mostly photographs. Lots of photographs. Of the Montreal. There are Montreals of every color, Montreals with every background, Montreals draped with all manner of crumpet, dressed and barely dressed. It's like sitting through a slideshow of your friend's vacation in New Jersey. And in the end, it's too much of a good thing, or in this case, a resoundingly mediocre thing. Provenance: Bruce Taylor, a retired CERN engineer, certainly has learned all there is to learn about Montreals, from concept to production to living with one, and has turned his hobby into a mini-empire, complete with a technical book on the car and a web site (www .alfamontreal.info). Fit and finish: Despite my overall disdain, the book is quite well done techni- cally, with well reproduced images, readable typography, and unassuming design. Drivability: Like any narrowly focused book, the audience is small and prob- ably devoted to the topic. My bleating aside, they probably won't be disappointed. But if someone isn't blinded by love of the Montreal, and I know you are out there, this is nearly automotive porn, or at least the notebook of a stalker. 24 Sports Car Market

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Affordable Classic Mazda Miata Zoom Zoom: The Miata Turns 20 Absolute dependability was demanded of the Mazda Miata— and delivered—making it suitable transportation for sports car lovers by Rob Sass world. It's difficult to think of a car more significant in the sports car pantheon that enjoys less respect from the masses. Often derided as a “chick car” by the clueless and insecure, the Miata is the only reason the twoseat roadster hasn't been consigned to the automotive fossil record, along with the dual-cowl phaeton and the landaulet. Mazda has an interesting, almost narcoleptic history in the auto world. They'll do T something utterly brilliant and then nod off for a decade or so—the original Cosmo coupe, the first- and third-gen RX-7, the Miata, etc. On the heels of its 1978 game changer, the RX-7, Mazda asked a group of automotive journalists what they should do next. The overwhelming response was a traditional roadster (unfortunately, there were more than a few votes for a rotary pickup truck as well). Initially, there was disagreement among the development teams as to the architec- ture of the proposed new sports car. One group advocated mid-engine, another pushed for front wheel-drive, and the last came down on the side of traditional front-engine, rear-wheel drive. Thankfully, the final group won out and had the good sense to use perhaps the seminal example of that type of sports car as their inspiration—the Lotus Elan. Rumor has it the Mazda development team purchased several fine examples of the little Lotus for evaluation purposes. Tom Matano, one of the Miata's designers, recalled later that on his team were former owners of a Triumph Spitfire, MG B, and Fiat spider in college days, all of whom remembered their cars fondly, “if only they had worked.” Much like the 1991 revival of Triumph motorcycles in the hands of British entrepreneur John Bloor, absolute dependability was demanded of the new model—and delivered—making it suitable transportation for sports car lovers who actually expected to arrive at their destinations. Styling reminiscent of the Elan Details Years produced: 1990–97 (first gen) Number produced: 215,364 Original list price: $13,800 (base car 1990) Certainly the styling of the first-generation, or NA, car was reminiscent of the Elan. The grille opening, pop-up headlights, and retro Minilite-style wheels all harked back to the Lotus, as did the 1.6-liter, twin-cam four. Where the two cars parted company in no uncertain terms were build quality, reliability, and comfort. The Elan was fragile, finicky, and prone to shedding SCM Valuation: $3,500–$6,000 Tune-up cost: $250 Distributor cap: $10 Chassis #: Driver's A-pillar and door jamb Engine #: Right side of block below cylinder head Club: Miatafun 5035 Glenwood Ave. Fontana, CA 92336 More: www.miata.net Alternatives: 1974–80 MG B, 1972–80 Triumph Spitfire, 1979–82 Fiat Spider 2000 SCM Investment rating: F+ 26 parts, where the Mazda was an inexpensively yet wellfinished, nicely screwed-together and altogether robust package. The Miata's convertible top was the best one seen since the Fiat 124 spider. Undo two latches, throw it over your shoulder, and that's that. The heater was effective, and even the optional a/c was fully integrated and worked quite well. The Miata moved much of the enthusiast commu- nity to near tears when it was introduced in the fall of 1989 for the 1990 model year. Few thought we would ever see a British roadster re-imagined as a competent and dependable yet utterly charming automobile. Colors were originally limited to red, white, and he Mazda Miata might hold the record for inverse relationships in the automotive blue, and several option packages included niceties like a/c, power windows, and headrest-mounted speak- ers. A nice removable hard top was offered, as was a slushbox, but mercifully, this proved unpopular. Few people were able to buy a 1990 Miata at anywhere near sticker price, as surging demand allowed dealers to tack on “ADP”—additional dealer profit. Base cars came with steel wheels, no power windows or power steering, and no a/c. The A and B packages added the various niceties missing from the base car. Along the way, various other option packages and new colors were introduced, including the R-type with stiffer Bilstein suspension, and a limited edition in British Racing Green and tan leather. For 1994, the engine was enlarged to 1.8 liters, with modest gains in performance. Early Miata drivers used the gearbox a lot The original 120-hp, 1.6 -liter was enough to power the 2,200 pound car to 60 mph in about nine seconds. Without an abundance of low-end torque, early Miata drivers used the gearbox a lot. Happily, it was a great 5-speed with suitably short throws and a nice direct feeling that was a byproduct of its conventional layout. Handling was neutral, brakes were more than adequate, and the ratios were well-spaced enough to make the Miata a decent highway car and a 120-mph performer. The wonderful thing about a used Miata is the fact that while it resembles a fragile British or Italian sports car, it has the same DNA as a Mazda 323 with 300,000 miles that some pimply faced kid is still using as a pizza delivery conveyance. With a modicum of care, Miatas are capable of high mileage and reliable long-term service. Things like power window switches and regulators can give trouble, timing belts should be changed every five years or 60,000 miles, and gearbox oil should be changed at the manufacturer's recommended intervals, along with coolant. Other than the usual woes of any 20-year old car, Miatas aren't particularly troublesome. At around $3,500 for a decent first-year car, it's hard to fight the urge to add a Miata to a stable of credit card cars. Many of us often cite character as a reason to suffer with a vastly inferior Triumph Spitfire or MG Midget for the same money as a Miata. I simply don't buy it. There is no surfeit of character in a Miata, and the passage of time has certainly thinned the ranks of early cars. Naturally, there is little chance of collectibility or appreciation in the near term. But it's also unlikely that the cost of ownership of a Miata will ever render one seriously underwater. And as long as there are sunny days, there will be buyers. ♦ Sports Car Market

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Legal Files John Draneas Who Pays at Russo and Steele? If the winds were unforeseeable, they would be considered an act of God, and neither the auction nor tent company would be liable for damages The Russo site on Wednesday, Friday, and Sunday (left to right) W ho would have thought that the wind could blow so hard? That turns out to be the multi-million-dollar question in Scottsdale. The big story from this year's Arizona auctions was not the market, but the weather. What was called the worst storm in 40 years—with estimated 80-mph winds—blew through the area on Thursday evening and destroyed two 800-foot tents at the Russo and Steele auction. “Breaking News” updates sent to SCMers included TV news and YouTube videos that showed the wind lifting the tents like runaway umbrellas. The tent fabric may have caused scratches and broken mirrors, but the major damage came from the aluminum tent poles crashing into, over, and through many of the hundreds of collector cars underneath. According to Russo and Steele President Drew Alcazar, the company was well aware that weather forecasts called for major rains, but not the gale-force winds. Crews were on-site to manage the water flow throughout the day. But when the wind picked up and the big tents started to flutter and sway, an evacuation was ordered to get people to safety. Fortunately, everyone exited the tents in time and there were no significant injuries. Aftermath photos of the damaged cars clearly show that people could have been killed. Police and firemen quickly closed the site to prevent injury, barring car owners from entering to inspect or remove their cars, or take precautions to protect them from further damage. Rain, wind, and hail continued to pelt the cars that were now exposed to the elements, some with their tops down. The site remained closed until early Saturday morn- ing. Clean-up followed at a Herculean pace, and auction staff did everything they could to protect the cars from further damage, including wrapping hundreds of them in plastic. The auction resumed on Sunday and was ex- 28 tended into Monday. Alcazar said that many consignors first pulled their cars from the auction, but as the auction restarted and progressed at such an encouraging pace, many re-entered their cars. Many of them sold at pre-auction estimated sales prices, including some that were sold in damaged condition—some with, and, amazingly, some without the caveat that they would be returned to pre-damaged condition as a part of the sale. McKeel Hagerty, President of Hagerty Collector Car Insurance Co., estimates more than 300 cars were damaged, of which at least 110 were insured by Hagerty. By any measure, this was a catastrophe. Hagerty expects that the claims will “test many contractual requirements in many directions.” We will have to wait and see how all that turns out, but in “Legal Files” style, we can take an advance look at the likely issues. Who's at fault? Insurers of the damaged cars have been working on claims since the storm, and they are taking to heart the opportunity to impress their policyholders with their service capabilities. Some owners want to leave their insurance carriers out of the picture, and expect that the auction company's carrier will handle the situation, but that isn't how insurance works. Each owner's carrier will administer the claim (which generally means settle with the owner of the affected car), and later decide whether to pursue claims against third parties who might be at fault. The obvious liability targets are Russo and Steele and the tent company, and Alcazar reports that there are multiple investigations under way. If it looks like the auction and/or tent company were at fault, the auto insurers will try to recoup their losses from them and their insurers. That process will likely be handled quietly, at least as long as the coverage is sufficient to cover all the losses. The wild cards are the car owners who didn't carry insurance. “Legal Files” reviewed the Russo and Steele consignment agreement, and it is very clear that the owner is expected to maintain insurance coverage on his or her car. Alcazar said he is amazed that, in spite of that, some of the sellers actually had no insurance coverage. The only way these owners can recoup their losses would be to establish liability on the part of the auction or tent company, and some may file suit. But filing such a lawsuit is a lot easier than winning it. The owner will be on his own with respect to his at- Sports Car Market

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torney fees, and will have only his individual loss at stake. In contrast, the insurers for Russo and Steele and the tent company will be at risk for all the losses, as any adverse determination could be used as proof by others. They will have ample motivation to defend as forcefully (and expensively) as necessary. Establishing liability The auction and tent companies are not automatically liable; rather, negligence will have to be proven. The auction company's obligation is only to take reasonable Consumer auto policies generally provide automatic coverage for new cars that you buy. That's probably easy enough for a $45,000 Porsche 993, but might be tougher for a $25 million Ferrari 250 GTO. Hagerty explains that their policies provide auto- matic coverage for new collector car purchases for 30 days. Jim Fiske, U.S. Marketing Manager at Chubb Personal Insurance, confirms that their policies do the precautions to protect the cars from reasonably foreseeable harm. Adverse weather is certainly foreseeable, but would that include winds this strong? Preevent weather forecasts will play a role in answering that question. The auction company is not expected to be an expert in tent design, and can probably leave that to a reputable tent company to handle. The auction company does have to pick a capable tent company, and Alcazar points out that Russo and Steele used the same tent company as all the other Arizona auction companies. The tent company would be obligated to select appro- priate tents for the site, capable of withstanding foreseeable weather conditions. Once again, the question will be if these winds were reasonably foreseeable. If the winds were unforeseeable, they would be con- sidered an act of God, and neither the auction or tent company would be liable for the damages. If the winds were foreseeable, then either or both might be found to be negligent. Pity the poor buyer About 100 cars had crossed the block before the winds came. About half were sold to happy owners, and had been moved back under the tents that later collapsed and suffered damage. What is your situation if you were the (temporarily) happy winning bidder? Under general legal principles, the car is sold, and title and risk of loss pass to the buyer, when the hammer falls. The Russo and Steele buyer's agreement makes that point quite clear. Obviously, the buyers didn't have time to call their insurance agents and buy coverage. Will their insurance carrier cover them anyway? April 2010 same, as will those of most “true” collector car insurance companies. Both caution that various consumer insurance companies have entered the collector car market with less sophisticated policies that must be individually reviewed. The critical second question is the amount of your coverage. Hagerty says that your purchase price will almost always establish the value of the car, reserving doubt only for highly unusual or suspicious situations. But if you have an actual cash value policy, your insurance adjuster will be well within his rights to suggest that you paid too much for the car, and they won't make the same mistake when they compensate you for your loss. It Was a Dark and Stormy Night… Even if you missed the 2010 Arizona Auctions, you probably heard the story of the “Storm of the Century.” It swept in from the Pacific, flooded Los Angeles, and still had three inches of water to dump on the Phoenix area—about a third of the Valley of the Sun's annual rainfall. The storm also brought tornado warnings and high winds on January 21, which played havoc with the tents at Russo and Steele's auction. As the sale was beginning Thursday night, witnesses reported two 800-foot tents were whipped away by wind gusts. One tent blew across the 101 beltway, blocking the road, and the other was shredded on site. Aluminum support poles and flapping canvas damaged about 200 of the 500 collector cars, a number of them with their tops down, which were stored in the tents. As the disaster began, around 6 pm, police and firefighters evacuated the area to prevent serious injuries. Rain and wind continued through the night and the next day, as Russo and Steele workers attempted to protect the cars with plastic. Dismayed owners were finally allowed back into the area on Friday morning, and insurance appraisers dealt with claims on the spot. The weather moderated Saturday and Russo and Steele cleaned up. The auction restarted Sunday and concluded Monday, with about 300 cars crossing the block. Damaged cars were often accompanied by guarantees of repair by the consignor, and the proceeds from the sale of several cars were donated to police and firefighters' charities by sellers grateful that the situation hadn't been worse. The same scenario almost played out in Fort McDowell at the Silver auction, but Mitch Silver ordered all the cars moved to another area before crews battled to save his tents, most of which collapsed. The only damaged car belonged to a consignor who had left and taken his keys. Crews repaired the damage and Silver's sale started Friday, only three hours late.—Paul Duchene 29

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Legal Files John Draneas company, and only if legal liability can be established. The cost of pursuing that claim may be impractical. No-sale no-coverage To end on a low note, say the car sold but the buyer refuses to pay for the now-damaged car (amazingly, Alcazar says that didn't happen at Russo and Steele). Your insurance company could take the position that it owes you nothing because you didn't own the car when it was damaged—after all, ownership and risk transfer to the new owner the instant the gavel falls. If the sale price is greater than your insurance coverage, you might be in a real tough spot. You can either cancel the sale and “reinstate” your lower insurance coverage, or spend the time and money suing the buyer to pay up. New meaning to “as is” No-sale tough deal Say your car failed to sell because the bidding didn't reach your reserve, or you offered it at no reserve but bought it back because the bids were too low (yes, that's illegal), then it suffered extensive damage. With an actual cash value policy, where the insurance company is free to debate the value of the car, you may be surprised to find that your reserve or buy-back can be a ceiling, but not a floor, to the value of the car when it comes time for the insurance company to write a check. After all, the market spoke about the “correct” value and you chose not to listen. Similarly, since you were willing to sell at your reserve, that can be an admission that the car was not worth more. Agreed value nightmares “Legal Files” has advised many times that agreed value policies are the way to go, but be careful that they accurately reflect the value of the car. Hagerty laments that “auto insurance is one of the least scrutinized transactions people enter into.” Fiske echoes that sentiment, suggesting that “most people know more about their cell phone contracts than their insurance contracts.” Many people simply don't remember what the amount of their agreed value policy is, as they often set it when they bought the car, sometimes many years ago. That can really come back to bite you. Say you have a Series I E-type that you insured for $50,000, under an agreed value policy, when you bought the car. You expected it to sell for $75,000, but before it even has a chance to cross the block, it suffered $50,000 in damage. Later, you discover that your agreed value is still the $50,000 you paid for the car. Under an agreed value policy, there is no negotiation about the value of the car—it is conclusively deemed to be the agreed value amount. You get a check for $50,000, and the insurance company now owns the damaged car. They sell it to someone for $25,000, who then spends $50,000 repairing it and making it back into a $75,000 Jaguar. In effect, you are sharing the loss with your insurance company; you lose the $25,000 of uninsured market value, and the insurance company loses only $25,000 after reselling the salvage. That loss sharing could have been avoided if you had been careful enough to adjust the agreed value as the car's value changed. Diminished value Several of the damaged cars appeared to be excellent unrestored, original examples. When they are repaired, they won't be unrestored any longer, and they may suffer from diminished value, which many insurance policies exclude. In those situations, damages from the diminished value can be recovered only from the auction and/or tent 30 Recommendations Obviously, the best answer for every one of the situa- tions cited above is insurance. The seller should have an updated agreed value insurance policy in force at all times. The buyer should be sure to have a policy in place before the auction that will cover any purchase. In both cases, it is best to place your coverage with a specialty carrier that knows collector cars and can provide proper assistance in making sure that you are properly covered. ♦ JOHN DRANEAS is an attorney in Oregon. His comments are general in nature and are not intended to substitute for consultation with an attorney. A Note From Drew Alcazar There simply could not be a more resounding testament to the rabid loyalty, passion, and devotion of the Russo and Steele client base than their Herculean efforts invested to overcome the tragedy of the Scottsdale weather. At Russo and Steele, we are most proud of our close personal relationships with our client base. In keeping with that principle, we unhesitatingly extended the option for all owners to elect to remain or withdraw their vehicles, regardless of condition, on Saturday, January 23. I personally greeted our clients on the auction block, along with a support team of staff and sponsors, including Hagerty Insurance, Reliable Carriers, and the City of Scottsdale's Fire Marshal. My message was, “Russo and Steele has always been ‘your' auction. Today, more than ever before, it truly is YOUR auction. We are here to help you any way we can, and the choice is up to you.” As sellers filtered into the once-pristine preview areas, the tireless efforts of the past 24 hours were clearly evident. The site was cleaned of debris, finally earning it the City of Scottsdale's Fire Marshal's approval as safe and secure. In addition, all the cars were wiped down and covered with plastic car covers, a display of the tremendous effort put forth by the detailers who worked through the night to make the best of a tough situation. The response was overwhelming. Amazingly, many cars received no damage, with some clients proclaiming, “My car looks better than when I checked it in!” This does not diminish the fact that many cars did receive varying degrees of damage; some minor scratches, some major losses, primarily to cars parked near the large center tent poles. Braced for the worst, and faced with the possibility of a mass exodus, Russo and Steele found that the last ten years of cultivating relationships paid huge dividends as clients returned to the office to add cars to the Run List. Damaged or not, the number grew. We added all we could to Sunday, and then extended the auction to Monday for the remaining 100 cars. It was very emotional for me to witness the brilliant showcase of spirit and tenacity as the Russo and Steele team, many of whom are volunteers, orchestrated one of the greatest comeback stories of our hobby. The response from our clients was equally amazing. In stunning examples of generosity, several clients donated 100% of the proceeds from the sale of their damaged cars to their selected charities, the Boys and Girls Clubs, Big Brothers–Big Sisters, and the Scottsdale Firefighters Fund. These stories are but a few of the extraordinary responses to what was a devastating situation. Our many clients who elected to remain in the auction, and the countless contractors, staff, volunteers, and family, all banded together to overcome the worst adversity ever faced by any auction company. I wish it hadn't happened, and I hope it never happens again, but I will always be proud of the tenacity and the loyal support of the many relationships forged by Russo and Steele over the past ten years. It is those relationships that make me look forward to the next ten years and beyond. Sports Car Market

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Event Cavallino Classic Palm Beach Cavallino Classic XIX The sound of 12-cylinder engines and the smell of oil and burned rubber delighted race fans, as old and new Ferraris were driven as they were intended by Yvo Alexander World's most expensive used car lot T his was my first visit to the Palm Beach Cavallino Classic, founded 19 years ago by John and Alicia Barnes, the driving forces behind the event as well as Cavallino magazine. With 400 Ferraris and their owners attending from all over the world, Cavallino 2010 was a six-day convention for Ferrari owners and classic car lovers alike, running from January 19 to 24 in Palm Beach, Florida. The two major events of the convention were track days at the new Palm Beach International Raceway (formerly Moroso Motorsports Park) and the highlight of the week—the Concorso d'Eleganza on the front lawn of the Breakers Resort Hotel. During the track days, drivers and their Italian machines raced on the historic and attractive circuit. In fairly nice weather, the wonderful sound of 12-cylinder engines and the smell of oil and burned rubber were a delight to all race fans present. Both old and new Ferraris enjoyed track time, and the cars were used for the very reason they were conceived. Significant racers such as a 1956 Ferrari 250 GT Tour de France, a 750 Monza, a 250 TR, several 250 SWB Competitions, a few 512 BB/LMs, an F40 LM, and many more classic Ferraris were put through their paces on the track. Many modern U.S.-based teams were also present, with racers like the 360 Challenge F1, the Challenge Stradale, and the more recent F430 Spider F1. Among the modern purpose-built race cars were a few rare but excellent 333 SPs while Preston Henn's highly impressive yellow Ferrari FXX blurred the line between corsa and stradale. The Concorso d'Eleganza was the pièce de résistance of the Cavallino Classic. Luckily the weather was absolutely delightful, perfect for the well-cared-for lawns of the Breakers. Cavallino is rightly regarded as one of the world's must-attend concours, especially for fans of the Prancing Horse. The atmosphere is relaxed, and people can walk around the impressive lawns of the Breakers gazing at the 150 immaculate Ferraris being examined and rated by the near-fanatical teams of concours judges. The Ferraris were divided into eleven different Details classes, based on age or tipo. A Silver Award required a minimum of 85 points, Gold Awards took 90 points, and the Platinum Award required 95 points. Platinum cars were considered for the Major 32 Plan ahead: January XX, 2011 Where: Palm Beach, FL Cost: Varies by event More: www.cavallino.com And this one here's your oil pressure... Sports Car Market Awards. These included Best of Show Competition Ferrari, which was given to the 1957 Ferrari 250 GT LWB TdF belonging to SCMers Joseph Barone and Vanessa Wong; and Best of Show GT, which went to the 1951 Ferrari 212 Export Vignale berlinetta owned by Brian Ross, another SCMer. The Cavallino Classic is a splendid event, but as a European, I had one caveat. I was amazed at the level of over-restoration of most Ferraris on display. Why restore a car that's more than 40 years old to a condition it never enjoyed when it left the factory in Maranello? In my opinion, cars should be allowed to grow old gracefully and show off their original personality. But that's part of the difference between the way Americans and Europeans view their collectible cars, and each approach has its fans. In terms of a sumptuous visual Ferrari feast, Cavallino is simply the best. ♦ Photos: Ara Gechijian

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Events SCM Tours Corvettes at Barrett-Jackson As a ferocious winter storm pounded Arizona, more than 300 Corvette enthusiasts packed into a 60-foot tent at Barrett-Jackson's WestWorld auction site in Scottsdale on Thursday, January 21, for the 3rd Annual Corvette Market Insider's Seminar. Emceed by publisher Keith Martin, the seminar featured lively discussions between the expert panelists, an extensive Powerpoint program, and questions from the audience. B-J President Steve Davis welcomed the over- flowing crowd and applauded the approach to Corvette provenance pioneered by Bloomington Gold and the National Corvette Restorers Society. The panel included the world's foremost Corvette Backstage at the Arizona auctions The subtitle of the magazine you're reading is “The Insider's Guide to Collecting, Investing, Values. and Trends,” and we here at SCM take that very seriously. Well, “seriously” is probably a strong word to use when it comes to us here, but nevertheless, it's what sets SCM apart from the rest of the pack. At the recent Arizona sales, we had a chance to give a fortunate group of SCM Platinum subscribers just that kind of insider's look at two of the most important desert auction venues. Both groups of 35 attendees walked the preview area of the sales with me at RM Auctions at the Arizona Biltmore and Gooding & Company at the Scottsdale Fashion Square. At the Biltmore we were joined by RM Auctions President Ian Kelleher and Specialist Don Rose, and in Scottsdale David Gooding, the eponymous founder of Gooding & Company, did the honors. During the tours, the SCMers were able to ask the people in charge why they chose certain cars for their sales, whether the catalog estimates refer to hammer or to the final price with commissions, how they manage to find cars to sell, and how “no reserve” vs. “reserve” decisions are made. Equally revealing was hearing Kelleher, Rose, and Gooding wax poetic not only about their star lots, but on some of the other lesser known, even quirky entries, such as the Orlebar Schneider LeMans Special at Gooding and the 1955 Astra coupe at RM. The SCM group was able to get past the catalog prose to what made cars such as these connect with the RM and Gooding staff, and it provided a deeper sense of why these cars should find their way into our garages. It was all part of a real insider's view—no scripts, no PR handlers—just one-on-one contact as only SCM can make it happen.—Donald Osborne For information about how to become a Platinum-level member of SCM, and to get invitations to exclusive events and all-access to the SCM database of over 100,000 collector car sales for just $99 a year, go to www.sportscarmarket.com. SCM Guides VIPs at Barrett-Jackson SCM kicked off its week in Scottsdale on January 19, when Publisher Martin and Editors Duchene, Lombard, and Pickering converged on Barrett-Jackson for a meet-and-greet with SCMer Dave Conlan, H-P regional sales manager, software division, and his friends in the Hewlett-Packard skybox. Auction Analysts B. Mitchell Carlson and Dan Grunwald joined us, and along with 30 VIP customers of H-P, we set off on a tour of some Barrett-Jackson highlights. Several of us spent a fair amount of time taking in the heavy-duty oddity of the 1952 Blastolene roadster and trying to predict its sale price. No one guessed $280,500. Mostly we just cruised the premium consignments and talked cars, which made it a perfect night for all the assembled gearheads and wannabe gearheads. Highlight of this particular night, however, was a trip up on the block. The whole group got into the action as a custom motorcycle consigned by racing legend Arie Luyendyk sold for $16,500. All of us at SCM enjoy the opportunities we get to spend time with subscribers, friends, and anyone else who'll listen to us, and we're already looking forward to the next opportunity to hang out with gearheads like you. And thanks to Conlan for adding SCM to the H-P agenda at Barrett-Jackson .—Stefan Lombard 34 Sports Car Market experts, and was divided into two hour-long sections. The first discussed when to preserve a car and when to restore it, and each panelist gave examples of difficult decisions. The second half was devoted to which Corvettes to buy, hold, or sell. Each panelist presented his recommendations and reasons, and then all seven chose their Corvette “Holy Grail”— the car they'd probably sell all their other cars to get. The Experts Panel included David Burroughs, the CEO of Bloomington Gold, the oldest and largest annual Corvette show; Roy Sinor, who has been the president of the NCRS national judges since 1996; Jim Jordan of County Corvette, one of the largest Corvette dealers; Kevin Mackay of Corvette Repair, a leader in NCRS- and Gold-standard restoration; Terry Michaelis of ProTeam Corvette, who has bought and sold 10,000 Corvettes in the past 37 years; Michael Pierce, #30 of over 4,000 NCRS judges nationwide; and Mike Yager, who has been involved with Corvettes since he founded MidAmerica Motorworks in 1974. Given that Barrett-Jackson sold 114 Corvettes, the relationship between B-J and Corvette Market is a natural one. The dramatically increased attendance at the CM Seminar is an indication of the increased interest in the high-end collectible Corvette market.—Paul Duchene

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Collecting Thoughts Dillinger's Model A When the Restorer is Public Enemy #1 The ill-considered restoration of the “Dillinger” Ford effectively scrubbed its history clean. It has no soul and no visible historical significance By Paul Duchene and businesses with steely resolve. Which sounds familiar, come to think of it. Dillinger's criminal career began with a robbery in 1924, which netted him eight years, but he didn't really get started until his parole in 1933. His crime spree lasted almost a year, in which time he amassed over $300,000 from about a dozen banks. That led to his being named Public Enemy No. 1 and the eventual formation of the Federal Bureau of Investigation, led by J. Edgar Hoover. The Dillinger gang fled to Florida, Texas, and Arizona, where they were captured and brought back to Indiana and jailed... but not for long. Dillinger escaped, reconnected with gang members Homer Van Meter and “Red” Hamilton and met “Baby Face” Nelson at the Little Bohemia Lodge, in Manitowish Waters, Wisconsin, on April 23, 1934. But the FBI had been tipped off and surrounded the place, led by Melvin Purvis. A gun battle broke out but the entire gang escaped. And here's where the Ford Model A What, no bullet holes? A s the newspaper editor says in the 1964 James Stewart western “The Man Who Shot Liberty Valance,” “This is the West. When the legend becomes fact, print the legend.” Certainly the two can become tangled over the de- cades, and artifacts involved in legendary crimes and escapades take on a life of their own. For example, the Bonnie and Clyde 1934 Ford Death Car (which still exists, by the way) toured county fairs in the 1940s and '50s, and again after the 1967 film of the same name, starring Warren Beatty and Faye Dunaway, and was a huge hit. On a parallel course at other fairs were a number of fakes, copied from original shootout photographs by unscrupulous promoters, and doubtless the fakey-doo hulks still lurk in remote barns and garages. A similar and much rarer car (there's only one) just surfaced at Barrett-Jackson's Scottsdale auction in January and sold for a remarkable $165k. Its provenance is solid, but its path to the present is strange, and its restoration shows how the collectible car world has changed in the past few years. It's hard to imagine anybody repeating the process today. John Dillinger was famous at the same time as Bonnie Parker and Clyde Barrow, for the same reasons. He robbed banks across the central U.S. during the Great Depression, when banks were held in much lower esteem than the robbers, as they foreclosed on homes 36 coupe enters the picture. Dillinger, Van Meter, and Hamilton ran through the woods until they saw a cottage with a Model T outside. They asked to take it, but the old couple said it didn't run. Dillinger saw the Model A coupe next door belonging to Robert Johnson and the three men commandeered it. The next day the three robbers got into a gun battle with police in Hastings, Michigan, and Hamilton was mortally wounded. After several other shootouts in the next month, Dillinger went to ground in Chicago, where he would hide until betrayed by Anna Sage—the “Lady in Red”—a madam who was trying to avoid deportation. During this time, police had found Dillinger's stolen Model A in a side street, with numerous bullet holes and a bloodied interior. John Dillinger was killed on July 22, 1934, by G-Man Purvis outside Chicago's Biograph Theater, where “Manhattan Melodrama”—a gangster movie—was playing. The Model A Ford was eventually returned to Robert Johnson, who was reportedly so discouraged by its condition and connections that he pushed it to the back of the barn, where it sat for more than 50 years. At that point it was rescued and treated to a full restoration, photographed in detail, then repainted with the bullet holes filled in and the interior reupholstered. In its restored condition, the car starred in Michael Mann's 2009 movie “Public Enemies,” the most recent account of the Dillinger story, starring Johnny Depp as Dillinger and Christian Bale as Purvis. So here we have a Grade A historical artifact restored to a #3 condition driver with recent Hollywood history. At auction, it was surrounded by posters, in a tableau with armed manikins. And it sold for $165k, which is probably five times what it would have brought with no history. So far, so good. But the problem is the ill-considered restoration, which effectively scrubbed its his- tory clean. It has no soul and precious little visible historical significance. Who knows what it would have brought in its original “as found” condition? My guess is probably five times the $165k that was paid. That's something for restorers to ponder, along with anyone else who is contemplating vandalizing an archeological site. ♦ Sports Car Market

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Ferrari Profile 2001 Ferrari 550 Barchetta It's an incredible fair weather driver, with great acceleration, excellent handling, and none of the cowl shake inherent in many convertibles by Steve Ahlgrim Details Years produced: 2001 Number produced: 448 Original list price: $258,000 SCM Valuation: $180,000–$225,000 Tune-up cost: $6,500 Distributor cap: n/a Chassis #: Frame rail, passenger's side of engine compartment Engine #: Passenger's side where head meets block Club: Ferrari Club of America PO Box 720597 Atlanta, GA 30358 More: www.ferrariclubofamerica.org; www.ferrarichat.com Alternatives: 2010 Ferrari California; 1999 Lamborghini Diablo VT roadster; 1993 Aston Martin Virage Volante SCM Investment Grade: C Chassis number: ZFFZR52B000124293 celebrate Pininfarina's 70th anniversary and its long relationship with the marque. The renowned coachbuilder styled the car as a truly special Ferrari. A more stimulating and less rational car, it was exclusively intended for open-top motoring. The 550 Barchettas were powered by the same alloy, D 48-valve, four-cam engine as fitted to the berlinetta that could take the open car to a top speed of 185 mph. When introduced, the limited production was immediately sold to an elite group of Ferrari's most loyal customers. Since the Barchetta, there has not been another open-top V12 roadster, ensuring the car of a special status among Ferrari road cars. Presented here is a most exciting opportunity to acquire the 315th of only 448 550 Barchettas ever built. Finished in Rosso Corsa over a tan leather interior and fitted with the classic Scuderia shields, this open 550 looks the part of a limited-edition modern Ferrari and has the performance to match. This Barchetta was sold in Monaco in May 2002 and subsequently imported into the U.S. that September. Shortly thereafter, the striking Ferrari made its U.S. concours debut at the prestigious Cavallino Concours held at the Breakers Hotel in Palm Beach. As of 2003, the Barchetta had accumulated less than 200 miles and had relocated from Florida to the Chicago area. The 550 Barchetta is prized for its rarity, excellent condition, and distinctive design, and, in the care of its most recent owner, this Ferrari has seen little if any use. As a result, at the time of cataloging, this Ferrari V12 had yet to cover 1,000 miles from new. 38 isplayed for the first time at the 2000 Paris Motor Show, Ferrari's new 550 Barchetta followed in a long line of exclusive, open-top, front-engine V12s. The Barchetta was built to As its minimal mileage indicates, this Ferrari remains essentially in as-new condition. It displays excellent paintwork, a clean, largely unmarked interior, and tidy compartments. No mechanical work has been required; however, should its new owner wish to enjoy the 550's dynamic qualities, a service and inspection are encouraged. Many Ferrari enthusiasts are of the opinion that the 550 Maranello will be a true collector's piece in the years to come. The more exclusive version—the exciting Barchetta—will certainly lead the way for these wonderful Ferraris. Open-top, front-engine V12 Ferraris are among the most collectible post-war sports cars in today's market, so it would be entirely fitting for a Ferrari collector to have an outstanding example of the 550 Barchetta sitting alongside a 250 California, 275 GTS/4, and Daytona Spyder SCM Analysis This car sold for $156,750, including buyer's premium, at Gooding's Scottsdale Auction in Scottsdale, Arizona, on January 22, 2010. Ferrari propaganda announced the 550 Barchetta as a car to mark Pininfarina's 70th anniversary. Luca di Montezemolo, president of Ferrari, said, “I asked Sergio Pininfarina to present a design for a front-engined 12-cylinder Ferrari roadster that would capture the spirit of the classic road races of the past and cars such as the 166 MM, 250 GT California and 365 GTS/4 Daytona.” This lofty charge was answered with a choptop 550 Maranello. The Barchetta may be an impressive car, but it is hardly a California Spyder. The 550 Barchetta, or more correctly, the 550 Barchetta Pininfarina, was introduced with great fanfare. A carefully qualified group of potential customers Comps 2001 Ferrari F550 Barchetta Lot 205, s/n ZFFZR52B000124254 Condition 1 Sold at $173,938 RM, Maranello, ITA, 5/17/2009 SCM# 120492 2001 Ferrari F550 Barchetta Lot 160284613136, s/n ZFFZR52A610124163 Condition 1 Sold at $218,500 eBay Motors, 2/19/2009 SCM# 119748 2001 Ferrari F550 Barchetta Lot 213, s/n ZFFZR52B000124287 Condition 1 Sold at $186,300 Bonhams, Gstaad, CHE, 12/17/2006 SCM# 43812 Sports Car Market Photos by Pawel Litwinski © 2009 Courtesy of Gooding & Company

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was invited to a private party at the estate of di Montezemolo in Italy for the introduction of this new limitedproduction model. There was little disguise to the script and both sides knew the pitch; this was an insider's opportunity to get in on the Daytona Spyder of the future. The hype was high but the risk was low—the Barchetta could be a hit or it could end up as just another Ferrari. Either way, owning one was not a bad prospect. After viewing the car, the customers were allowed to place orders. As expected, the edition sold out immediately and only history will decide if the car was a smart investment or a just a fun purchase. Practicality be damned The name Barchetta is a bit of a misnomer for the car. A common interpretation of barchetta is “little boat,” and while the name may have fit the small, sparse 1950s-era barchettas, the 550 version was neither small nor sparse. The 550 Barchetta was, for all practical purposes, a convertible version of a 550 Maranello. It has the obligatory stiffened chassis and a sportier interior with leather-wrapped carbon fiber racing seats, carbon fiber trim, and some roll hoops. It also had some three-piece wheels that look overly sporty on the car and the ugliest top known to man. The top was both challenging to erect and offered only marginal rain protection. Ferrari's later Superamerica version of the 575M Maranello is a much more practical solution to the open top question, but then practicality was not the rationale behind the Barchetta. Despite my skepticism of Ferrari's motivation in building the car, the Barchetta is one cool ride. The open top adds zing to the 550's rather understated lines. The soft top may be a joke but a person who buys a Barchetta isn't buying it as a daily driver. It's an incredible fair-weather driver, with great acceleration, excellent handling and none of the cowl shake inherent in many convertibles. Even if history doesn't reward the 550 Barchetta the same status as it has the original 166 barchetta, the California spyder, or the Daytona spyder, it is still a significant car. Owners are rewarded with every sunny day ride, and it's only the owner who never uses his car that may regret his purchase. Result due to its gray-market history As an investment, a bet on a Barchetta has not paid out, but buyers, on the other hand, can hardly be called losers. Disregarding taxes and options, buyers put around $260,000 on their new toys. Nine years later, the market is just under $200,000 and seems to be holding. A $60k to $75k hit is a big number, but percentage-wise the Barchetta has fared better than most of its contemporaries. It may be the individually numbered plaque carrying Sergio Pininfarina's signature, rather than the car's virtue that determines the Barchetta's future, but I don't see it as a bad choice for a spot in the garage. The subject Barchetta's unusually low result can be attributed to it being a gray-market car. There's seldom a day when an as-new, well documented, American-market Barchetta can't be found for sale. Buyers are choosy and any kind of story will disqualify a car unless it is bargain priced. That's what happened here. Once the key is turned, this gray-market car is the equal of its American counterparts. While it will always have a lesser value, it still drives the same. The new owner bought in low so putting some miles on the car won't hurt him a lot. Hopefully he figures out he'll get more enjoyment from sunny day drives than any money he'll get by keeping the mileage low. ♦ (Introductory description courtesy of Gooding & Company.) April 2010 39

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Sheehan Speaks Michael Sheehan 250 GTO Sets Ferrari Record at $26m GTO, Corvette Grand Sport and Daytona Coupe all change hands and collectors at events like the Scottsdale A fter the doom- and-gloom of late 2008 and a painful 2009, dealers auctions, Cavallino, and Rétromobile in Paris are abuzz with the news of record-setting, toplevel trades. There's a lot of very specific info contained in this column, and you might wonder where it all comes from. In fact, I have been trading in the Ferrari market since 1974, and have been “trainspotting,” i.e. collecting chassis numbers and histories, all that time. In addition, all of us Ferrari chassis-number-chasers talk to each other (or, in to- day's world, email) constantly. Plus, web sites like anamera.com and barchetta.cc have up-to-the-minute postings about expensive collector cars that have sold. Of course, it's SCM's policy not to reveal the names of the participants in private transactions, unless they have already been identified in the press. So buckle your seat belt, and hang on. It's been a great ride for exotics the past few months. The market has launched In the last few months, over a dozen ultra-high-end Ferraris have changed hands. Two examples from the 1950s include the ex-Lorenzo Zambrano 166 MM Touring barchetta, s/n 0058M, and the ex-Manny Del Arroz 375 MM, s/n 0490AM, both trading in the $5m range. Both cars were stellar: s/n 058M is one of the most original barchettas in existence, while s/n 0490AM was an amazing barn find. When restored, it became one of few Ferraris to win its class with 100 points at Pebble Beach. All these were no-stories cars with bulletproof history Jumping to the 1960s, 250 GTO s/n 3943 has just sold for a Ferrari world record price of $26m; Ferrari 275 GTB/C s/n 9057 was sold after Rétromobile for $3.475m and 275 GTS/4 NART spyder s/n 11057 sold for $7m. Again, these were “no-stories” cars, with the GTO described by Ferrari historians as “bulletproof” in its race and ownership history; 275 GTB/C s/n 9057 was one of only twelve very light third series 275 GTB/Cs built; while all ten 275 GTB/4 NART spyders have “no-stories” histories. From the 1970s, Ferrari 512 M s/n 1030 sold for $2.9m, while 365 GTB/4C Daytona s/n 14437 sold for $3.5m. Both were excellent examples, with the 512 M described in Ferrari historian circles as “never crashed, no stories, with a well-documented race history,” while the Daytona is one of only five first series alloy-bodied Competition Daytonas. The ultimate car deal Looking further into the sale of 250 GTO s/n 3943, I believe this will be regarded as the best “car deal” of the year, if not the decade. Major collections were expected to come to market at distress prices in 2008–09, but only the Kroymans Collection did. A veteran mega-car dealer in the San Francisco area sold his 250 GTO to buy the Kroymans Collection for $23.6m—in essence he sold his bulletproof-history 250 GTO for a full market price of $26m to purchase a lesser 250 GTO, s/n 4757, for a deeply discounted number in the $15m–$17m range, plus 21 other collectible Ferraris from the Kroymans Collection for a distressed price of about $6.6m. 250 GTO s/n 3943, the best of the best The best long-term buy of all time? This author sold 166 MM s/n 0058M in November 1998 for a far more modest $1.2m, so the latest sale as mentioned above at $5m represents a serious long-term market improvement. Going longer term, the seller of 250 GTO s/n 3943 bought it in 1983 for $300k, so the sale of that car for $26m must be the best long-term buy of all time. This author knows 512 M s/n 1030 well, having sold it in April 1994 for $825,000, so the recent sale for $2.9m represents yet another long-term hold and great gain. As for the 275 GTB/4 NART spyder, in January 1998, s/n 11057 sold to the recent owner/seller for $1.5m, so his recent $7m sale represents another strong longterm gain. Using the few 275 GTB/4 NART spyders as ex- amples of appreciation indicators, we begin with the purchase of s/n 11057 for $1.5m in January 1998. Months later, in August 1998, John Moores's 275 GTB/4 NART, s/n 10691, sold at Christie's Pebble Beach auction to a Seattle collector for $2,092,500. There were no other sales until August 2005, when 275 GTB/4 NART s/n 9437 sold at Gooding Pebble Beach for $3,960,000. The latest sale of s/n 11057 at $7m has now redefined the ever-upward 275 GT/4 NART market, and the next sale will almost certainly be for more. As a car guy, I have to say that the best-of-the-best Ferraris beat the hell out of stocks, bonds, or real estate. Aston DB3S and Jaguar D-type set records Moving to the best-of-the-best British cars, Aston Martin DB3S Works team car s/n DB3S8 has traded hands at $7.2m, while Jaguar D-type Works team car s/n XKD603 has traded for close to $10m—both record prices. But again, look at the provenance. DB3S8 was a 40 Sports Car Market

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Works car, finishing 1st at Spa with Paul Frere driving, followed by runs at Le Mans, Sebring, Nürburgring, and Silverstone. Meanwhile, XKD603 was another Works car, with a 2nd at Le Mans in 1957 and races at Silverstone, Nürburgring, Reims, and more. To bring more tears to the eyes of those who wish they had bought classics many years ago, XKD603 was purchased by the recent seller in 1976 for a mere $14,400, yet another great long-term investment. Cobra Daytona, GT40, and Corvette Grand Sport join the party In the world of the best American iron, Shelby Cobra Daytona s/n CSX2601 has been sold to a collector in Argentina for $8m, GT40 s/n 1046 was sold for $9.2m, and Chevrolet Corvette Grand Sport s/n 002 was sold for $4.5m. The Cobra Daytona was the FIA Championship-winning car, finishing 2nd at Sebring and 1st at Monza, at Spa, at Nürburgring, and at Reims. GT40 s/n 1046 has the distinction of being the 1966 Le Mans winner, while Grand Sport s/n 002 is one of only two Grand Sport roadsters built, finishing 1st in class at Sebring in 1966. All these big sales were private treaty All of this represents a sea-change in pricing across the top end world of collector cars, from Ferraris to Astons to Jags to American iron. What is interesting is that every sale was a quiet private transaction. There is no lack of buyers at this level, most value their privacy, and very few owner-sellers are willing to take this level of exotica to auction and risk a low bid in front of the wrong audience that would diminish the value of their car. However, mere mortals can take comfort in upward movement in the low- to midlevel Ferrari market as well. In Scottsdale, 330 GTC s/n 11517 sold for a very impres- sive $374k at Gooding, and 250 PF Cab s/n 1803 sold for an equally impressive $797k at Russo and Steele. I believe we'll continue to see both auction sales and private sales grow steadily this year. There's new-found confidence in the collector car market, and buyers are speaking loudly with their wallets and wire transfers. Ferrari Historic Challenge bites the dust On a more somber note, on January 22, Antonello Coletta, the head of Ferrari Corse Clienti, announced the suspension of the Shell Ferrari Historic Challenge in Europe after 14 years. While a single event will be organized for historic Ferraris at the World Finals, the European Ferrari Historic Challenge is effectively dead. The North American Ferrari Historic Challenge opened as usual at the Cavallino Classic, but Ferrari North America has not scheduled any further events. Though there is no lack of vintage races, from the Mille Miglia Storica and Monterey Historics to the Le Mans Classic and Tour Auto, the Shell Ferrari Challenge was special, bringing out diehard Ferrari fans who will now surely miss it. And without question, the demise will seriously impact the value of the 430 Challenge cars that were already a hard sell, as now they have no exclusive parties at which to play. ♦ April 2010 41

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English Profile 1931 Rolls-Royce Phantom II Merlin Special I fired her up on the lawn, and to my surprise the most enthusiastic onlooker was an unfortunate chap whose entire picnic I had blown away by Simon Kidston Details Years produced: 1931 (modified in 1987) Number produced: 1 Original list price: n/a SCM Valuation: $451,000 on this day Tune-up cost: n/a Distributor caps: n/a (magneto) Chassis #: Plate on firewall Engine #: Engine block on left side Club: Rolls-Royce Owners' Club 191 Hempt Road Mechanicsburg, PA 17055 Experimental Aircraft Association EAA Aviation Center, PO Box 3086 Oshkosh, WI 54903-3086 More: www.rroc.org; www.eaa.org Alternatives: Any proper motor car with 20 more liters than necessary SCM Investment Grade: B Comps Chassis number: 64GX C hassis 64GX left Crewe as a standard Phantom II saloon, but in the late 1970s, Rolls-Royce collector Nicholas Harley of London decided to create a showcase of British engineering might. The restoration that ensued spanned approximately seven years, during which time the Phantom II frame was lengthened, reinforced and fitted with this lovely Gurney Nutting-inspired body constructed by Wilkinson's of Derby, and a 27-liter Mk I Merlin V12 engine was fitted, fed by two fuel pumps delivering 100 gallons per hour. Upon completion, the aero-powered Phantom II was tested at Donington Park, where is was pitted against a 1958 Vanwall Grand Prix car—amazingly, the RollsRoyce out-accelerated the racing car. In the 1990s, the Rolls-Royce made its way Stateside and, in 2000, it was sold to a well-known Florida collector. In 2007, this car was acquired by its current owner, who has since embarked upon a mechanical overhaul. When the car was first constructed, the tremendous torque and power caused transmission and clutch issues, so during the mechanical overhaul, the transmission was converted to a Jaguar unit with high-strength gears. In addition, the Merlin engine was tested and tuned. In 2008, following its meticulous rebuild, the Rolls-Royce was invited to the Pebble Beach Concours d'Elegance, where it was displayed alongside a number of 20-plus-liter automobiles, earning the Rolls-Royce a class award. The Merlin remains in exceptional condition. Beyond its remarkable engine bay, one of the most evocative aspects of this car is its overwhelming instrument panel, which would not look out of place in a Spitfire airplane. 42 Unlike other examples of aero-engined automobiles, this Rolls-Royce stands apart in its impressive presentation and loyalty to original details. This Merlin-powered Phantom II is ready to draw crowds wherever it goes, and its new owner should be capable of experiencing the unbelievable feeling of piloting a WWII-era fighter plane down the road. SCM Analysis This car sold for $451,000, including buyer's premium, at Gooding's Scottsdale Auction in Scottsdale, Arizona, on January 22, 2010. With its Spitfire motor and a host of auction ap- pearances under its belt, it's tempting to call this car a frequent flier. Christie's sold it at Beaulieu back in July 1969 for $13,956 as a normal saloon (SCM #7326). RM sold it post-Merlin transplant at Monterey in '99 for $605,000 (SCM# 22226) and again in Florida at its Al Wiseman Collection auction in 2007, this time for $412,500 (SCM# 47743). Young oligarchs and sheikhs cruising the boulevards of Moscow and Dubai in their bling'd-up Veyrons may think they have a monopoly on 1,000 horsepower, but younger kids in a rather more demanding profession—RAF pilots—took it for granted 70 years ago. Often they were piloting one of history's great fighter aircraft, no fewer than 27 liters of Rolls-Royce Merlin engine stretching out past the gunsight in front of them and anything up to 2,000 horsepower at their bidding. England, home of the eccentric In fact, the Merlin didn't just power Spitfires, Hurricanes, and Lancaster bombers, it saw service in Sports Car Market 1927 Rolls-Royce P1/Hispano-Suiza V8 Lot 449, s/n S90PM Condition 2+ Sold at $133,500 Bonhams, Brookline, MA, 9/26/2009 SCM# 142643 1939 Lagonda Rapide V12 Tulipwood Lot 584, s/n 14095 Condition 1Sold at $451,000 RM, Monterey, CA, 8/17/2007 SCM# 46259 1934 Duesenberg SJ Boattail rebody Lot 2251, s/n 2159 Condition 2 Sold at $660,000 RM, Marshall, TX, 4/20/2007 SCM# 44873 Photos by Pawel Litwinski © 2009 Courtesy of Gooding & Company

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MTBs (motor torpedo boats) and tanks. So successful was the Merlin that 149,659 units were built, some 37,000 under license by Packard in the U.S. Lord Tedder, Marshal of the RAF and the man charged with development of aircraft during the Battle of Britain, attributed victory to “three predominant factors: the skill and bravery of the pilots, 100-octane fuel and the Rolls-Royce Merlin engine.” It's debatable, however, whether even the most inventive boffin would have thought of a Merlin as suitable power for a motor car. Thankfully, England is the home of the eccentric (“Mad Dogs and Englishmen,” as Noel Coward noted), and one man did. The catalog credits veteran English dealer Nick Harley—the man who bid $10 million for the Bugatti Royale at auction in 1987 and now enjoys life in his fortress-like retreat on the Côte d'Azur—with the creation of this “special-totrump-all-specials.” However, a quick call to Harley reveals there's more to the story. “In the early 1980s, I used to do business with the late Stephen Langton, sadly killed racing at Brands Hatch. Stephen was a quick driver of the ‘keep the foot firmly on the loud pedal and sort out the rest with the steering wheel' method. In fact, that's pretty well how he lived his life. On one visit, I was particularly smitten by a tow car he was building to trail his Lister to meetings. This device consisted of a Rolls Phantom II Continental chassis stripped and fitted with a Merlin aero engine at one end and a ball hitch at the other. The bits in between he was sorting out as he went along, Langton style. The ball hitch was clearly part of a farm gate. Alas, it was not to be, and in 1987 I phoned Stephen's widow Liz and bought the project.” It would take an hour to list the engineering solutions It took eight years and involved re-designing almost everything. “It would take an hour to list the engineering solutions,” Harley recalls, “but we did everything to Rolls-Royce standards and no detail was overlooked.” The chassis didn't need lengthening and the Merlin engine, he says, was a 1938-vintage Mk 3, not the less reliable Mk 1 as cataloged. “Ferrari restorer Terry Hoyle had an old boy working for him who'd served in the aero department at Rolls, and he rebuilt the engine. We tested it on Terry's dyno and it peaked at 1,200 hp with 1,350 ft-lb torque at 2,800 rpm. Terry still complains about his broken dyno.” “When we first fired the engine up in the car, we'd put the plug leads on the wrong way. The resulting explosion blew the exhaust system straight out the garage doors.” Plug leads re-ordered and much perseverance later, the aero-engined behemoth was developed into a car which actually worked. Harley took it on various tours before completing a road trip from New England to Amelia Island. At three miles per gallon (the trunk conceals a 55-gallon fuel tank), America and the Middle East are probably the only places someone could afford to run it. “At the concours, by popular request, I fired her up on the lawn to a huge round of applause. To my surprise the most enthusiastic onlooker was an unfortunate chap whose entire picnic I had blown away with the initial exhaust blast.” So was it a good deal at $451k? The concept of “specials” as we Brits call them is not dissimilar to the U.S. hot rodding tradition, and both are now accepted in collecting circles—as proven by this car's invitation to Pebble Beach. Usability is increasingly important in determining the appeal of a classic car, but again, while the Spitfire start-up routine might intimidate the novice collector (prime Ki-Gas on dash; petrol into manifold; hand-crank dash mag; expect a cloud of black smoke as it fires), it has at least shown it can be driven. Harley reports lapping Milbrook consistently at 120 mph, and the Vanwall story is true, by the way… The seller, a prominent Texas collection, was making room for recent acquisi- tions—their new Porsche 550 Spyder would probably fit under the hood of the RollsRoyce. The buyer, a young collector with a passion for cars and aircraft, had looked at it before and this time took the plunge. David Gooding told me this was the nicest aero-engined car he'd seen, and even though the price was 14% more than the car sold for at Tarpon Springs in 2007, I'd call it well bought. ♦ (Introductory description courtesy of Gooding & Company.) April 2010 Jay Leno Takes Off Aircraft-engined cars are rare, but one person who knows a bit about them is SCMer and NBC TV personality Jay Leno. He owns a Hispano V8 aircraft-powered 1918 Hispano-Suiza and a Rolls-Royce Phantom II that packs a 27-liter Merlin V12 Spitfire engine. When I asked him about the Merlin-powered machine, Leno lit up like Mr. Toad in “The Wind in the Willows.” “It's so stupid,” he exclaimed (with Leno, “stupid” is often a compliment). “It's got 1,806 foot-pounds of torque. That's real power.” Everything on Leno's Rolls is massive. The stainless steel fuel tank holds five gallons of oil and fifty gallons of gasoline. What's his fascination with aero-inspired cars? “It's the ultimate,” he says with glee. “After every big war, you could go down to the junkyard, pick up a surplus airplane engine, and go for the World Land Speed Record.” The starting drill would baffle a thief. You retard the ignition and crank an electric motor that pre-oils the engine. Then you switch on the fuel. Leno rapidly turns a handle on the dash. “This hand-operated magneto throws a shower of sparks into the combustion chamber,” says Leno. “First you switch on mag 1, then mag 2, now give it a shower of sparks. And now you're ready to spin the motor.” The Merlin begins to fire intermittently. “Both mags on, a little spark... and heeere we go.” There's a long rrrrhhhhh, followed by a bass whuffling noise, and the mighty Merlin bellows to life. It sounds like an old airplane. I shout out this observation and Leno hoots, “It is an old airplane!” We accelerate onto Interstate 5 with a rush. This is an astonish- ingly quick car. It's barely idling at 400 rpm in 60-mph traffic. There's an opening and Leno floors it in second gear. The wind whips our faces. “It's like having your house accelerate,” he shouts. I'm hooked. I ask where I could find one. “You don't ever see them advertised,” he explains. “All the good stuff is hidden away. You write to guys, and when they die, you hear from the widows. My wife is getting letters already. ‘If anything happens to Jay, I'd love to have that...'” “Some of these aircraft-powered cars aren't built very well,” Leno notes. “And they need to be well-sorted. A lot of times, when guys buy them, they can't handle their complexity and huge expense, and they're back on the market within a year.”—Ken Gross 43

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Etceterini & Friends Profile 1925 Bugatti Brescia Type 22 Roadster It assumes a degree of historic gravitas, relevance, and romance that makes a “silicone-enhanced” Best in Show winner at Pebble historically weightless by Miles Collier Details Years produced: 1914–26 Number produced: 2,000 approx. Original list price: $1,607 (23,500FF) in 1925 SCM Valuation: $150,000–$400,000 Tune-up cost: n/a Distributor cap: n/a (magnetos) Chassis #: Right front engine bearer Engine #: Top of cam cover Club: Bugatti Owners' Club Prescott Hill, Gottherington, Cheltenham Gloucestershire, GL52 9RD More: www.bugatti.co.uk Alternatives: Any Lancia Aurelia from the Andrea Doria; the 35 hp Renault rumored to be in the Titanic's hold; any military vehicle from the Japanese fleet at the bottom of Truk lagoon. SCM Investment Grade: A Comps Chassis number: 2461 Engine number: 879 T his car has become one of the most celebrated of all Bugattis, having lain submerged beneath the waters of Lake Maggiore in Switzerland for more than 70 years. Its whereabouts had been known to the local dive club for years, but in February 2008 a tragedy occurred which led to its retrieval. Club member Damiano Tamagni was mugged and beaten so severely that he died. The club decided to raise the car and use the funds from its sale for a charity in Tamagni's name to address the issue of juvenile violence. But how did the Bugatti come to be in Lake Maggiore in the first place? Subsequent research has uncovered much of its history. On April 11, 1925, chassis number 2461 was registered in Nancy, France, in the name of Georges Paiva, with the number 8843N5. A small brass plate found on the car after its removal bears the name Georges Nielly, 48 Rue Nollet, Paris, but the registration plate is only partly legible, the last digits being RE 1. This registration was issued in Paris between May and June 1930, so perhaps Georges Nielly bought the car earlier in Nancy and had it registered in Paris. The French plates have remained on the car since then. The Bugatti chassis plate is missing, as is the enamel radiator badge, but the relevant chassis number is on the round boss on the right front engine bearer. The engine number 879 is on top of the cam box, the gearbox bears the number 964, the radiator is by Chausson and the carburetor is a Zenith, which is correct. The SEV magnetos are in the middle of the dashboard. There are indications 44 the body was modified, with fenders added, probably at the end of the 1920s. So far, the likely candidate for ownership in Ascona is Marco Schmuklerski, a Zurich-born architect who lived there in 1935–36. If he studied in Paris, it is possible he brought the car back from there but without paying any import duties. When he left Ascona, Schmuklerski stored the car in a builder's yard. But the Swiss authorities wanted their tax money, so the car was hidden in the lake at the end of a chain. However, that corroded and the car fell 150 feet to the bottom of the lake. It was discovered in 1967 by a local diver and finally, in July 2009, the car was finally rescued from its grave. SCM Analysis This car sold for $364,700, including buyer's premium, at Bonhams's Automobiles d'Exception Auction at Rétromobile in Paris, France, on January 23, 2010. Rarely does a paradigm-changing event occur in the automobile world. Yet as I will explain below, the sale of this artifact represents such a moment. Sports Car Market readers who read the catalog entry before the sale no doubt marveled at the $100k–$125k estimate for what is arguably a marine archaeology find. That the hulk should then make over $350,000 on the day is simply breathtaking. That price is, after all, the value of a decently running collector-grade Brescia Bugatti. Furthermore, the result could only have been achieved with at least two bidders; and, as it turns out, 1923 Bugatti Brescia Lot 741, s/n 1612 Condition 3 Sold at $240,529 Bonhams, London, UK, 4/30/2007 SCM# 45380 1921 Bugatti Brescia Lot 146, s/n 1339 Condition 2+ Sold at $184,300 Sportscar Auction, Geneva, CHE, 10/6/2007 SCM# 48153 1922 Bugatti Brescia Lot 199, s/n 1361 Condition 3+ Sold at $67,428 Bonhams & Brooks, Geneva, CHE, 3/5/2001 SCM#23952 Sports Car Market Photos: Bonhams

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both bidders are connoisseurs with worldwide recognition. When two great and experienced collectors struggle this fiercely, I don't see the sale as aberrant. Something is going on here. Let's look beyond a facile explanation involving “two nutters with battling checkbooks.” First instance of a post-modernist sensibility The subject lot represents the first instance of a buyer acting with a post-modernist sensibility that deconstructs the automobile as a rare archeological artifact. As many surmised before the sale, this automobile would go not to an “experiential” or use-oriented buyer with a desire to restore and drive, but rather to a “contemplative” buyer who would want the object “as is,” freshly raised from the depths of Lake Maggiore and looking like an artifact from a Spanish treasure galleon found by the National Geographic Society. Unless our subject car was literally to be given away, no restoration scenario imaginable could make any sense. Even if not to be restored, there is still another cost factor that may yet play a part: conservation. While fortunately submerged in fresh, rather than salt, water for 70 years, I can't help thinking that this car will require the same hugely expensive museum conservation regimen demanded by other recovered submerged relics, wherein technicians in white lab coats, latex gloves, and magnifying spectacles must meticulously inject the exhibit with hypodermic syringes of acrylic consolidant to prevent it from crumbling to dust. Therefore, only a museum, the archetypal “contem- plative buyer,” could possibly want this car as-is. Not surprisingly, after spirited bidding, the car was acquired by a developing museum in the L.A. area devoted to a fabulous collection of French coachbuilt cars. Here's the main point: This car was bought, not as another impeccable object for the museum, but as an archeological relic. In fact, its identity, beyond that of being a relatively elitist French automobile from the 1920s and '30s, had precious little relevance to the auction price. That is why, as an archeological object, its realized value exceeded the value of an intact, running Brescia Bugatti. How the Bugatti's VIN Got to Japan In an almost operatic twist, the Brescia Bugatti found in Lake Maggiore is not the only one with chassis number 2461. We've all seen it before: one chassis number, two identities. Especially with Bugatti's blue-chip car, the Type 35, this is not an isolated case. There can be various reasons: One of them is that the owner of a replica or unidentified car needs an identity to register his car. With a little bit of research and all the registers at hand, a car which has been scrapped can be identified and its chassis number “borrowed” for the bitsa or fake. It's not yet common practice to fake Brescias, since there were about 2,000 of them; it was the Bugatti produced in the highest numbers. Investigation on this car has brought up the following speculation in the Bugatti world, and the story is probably even true: The last owner of Brescia 2461 kept three things from the car—the papers, the radiator badge, and the chassis plate. The duplicate car, which is now in Japan, is definitely a real car, not a fake. Its real chassis number is 2761, identified by the engine number. But the chassis plate on the car most likely is the original plate from 2461. How is this possible? Well, the Japanese car lived in Switzerland in the years after the war, owned by a man named Hintermüller, not far from Ascona. It's possible that Hintermüller's car had no chassis plate; he got to know the ex-owner of the Bugatti in the lake and was simply given the 2461 plate to put on his car. That might sound too easy, but it could well be true, as the two numbers only differ by one digit.—Julius Kruta, Bugatti Head of Tradition April 2010 I see an emerging “reversion to the real” Second, the zeitgeist played its part here. A decayed industrial relic of past glory resonates in these turbulent times. Thus, I see emerging a “reversion to the real”—a reaction to the artificially enhanced, primped, detailed, and hence epistemologically confusing collector car of accepted practice. With this purchase, the buyer/curator wanted to show an irreproachably real object, an object connected to a distant past, hoary with age and decay. To that end, this artifact is a kind of memento mori for the collectible automobile from an age of excess. From the standpoint of the museum and its exhibits, I would suggest that this lot was bought to contrast with the rest of the collection in the most poignant and striking way possible. It stands as an eloquent reminder of the fate that awaits almost all examples of the automobile—the single most important technological object of the 20th century—absent the intercession of connoisseurs, collectors, and museums. There is little doubt that the Brescia will make a star- tling impact on the museum's visitors. They will spend substantially more time contemplating this object, and 45

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Etceterini & Friends Profile will engage with it more than any other single automobile in the collection. This relic assumes a degree of historic gravitas, relevance, and yes, romance that makes a “silicone-enhanced and airbrushed” Best-in-Show winner at Pebble Beach historically weightless. So, is it a good financial move to make an artificial reef out of our collector cars with the intent of dredging them up and selling them as priceless relics decades in the future? Probably not. Yet manifestly the romantic mystique of newly discovered treasure played an important factor in this transaction. Could our subject resell in five years for a similar price? I would say not. Shattering the long-standing valuation paradigm of automobiles as having to be “usable history,” this car has achieved apotheosis by becoming an archeological artifact from the modern industrial age. Consequently, it commanded a price typical of an archeological rarity. As a financial transaction: very well sold. As a cultural artifact: brilliantly bought. ♦ (Introductory description courtesy of Bonhams.) “Lady in the Lake” on Display in Los Angeles Peter Mullin, the California collector who bought the “Lady in the Lake” Bugatti at the Bonhams Rétromobile auction, plans to display it at the opening of the new 50,000-square-foot Mullin Automotive Museum in Oxnard, California, the first week in April. The 1925 Bugatti Brescia that was pulled out of Lake Maggiore on July 12, 2009, after 73 years will be the cen- terpiece of 100 exotic French cars, including the marques Delahaye, Delage, Hispano-Suiza, and Voisin, with bodies by coachbuilders like Chapron, Figoni et Falaschi, Vanvooren, Labourdette, and Saoutchick. The cars are part of his three-dimensional Art Deco Museum, encompassing the years 1918–41 and including furniture and art exhibitions. “Really great original artifacts send chills up your spine,” says Mullin, who admits his first challenge is to figure out how to display his newly acquired automotive Ondine. “I've been talking with experts,” he said. “The idea was to have it in a tank but I think water would further corrode it. If it were in glycol, then nothing could live in that and it would be a dead space. Miles Collier alluded to finding the proper fluid to cover the parts in a way that protects and preserves it, but doesn't destroy its soul. That will take more homework. “Miles put his finger on a trend that started in Europe, that there's nothing more beautiful than a prized piece of completely original art. The Pebble Beach Concours is moving toward that; someday a completely original car will win best of show. I think we're fast approaching the conclusion that a ground-up restoration of an original car—in addition to costing a lot of money—actually diminishes its value. “There's a nice comment in a European story which called this car too valuable to be restored. It feels like it has its own spirit, it exudes history, romanticism, charm, and intrigue. And it's been identified as having racing history, which adds to the provenance of what it once was.”—Paul Duchene 46 Sports Car Market

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German Profile 1952 Mercedes-Benz 220 Cabriolet B By the time the 220 came along, it was difficult to find manufacturers who had not eliminated separate fenders and running boards by Donald Osborne Details Years produced: 1951–55 Number produced: 977 (cabriolet B) Original list price: $4,490 SCM Valuation: $75,000–$110,000 Tune-up cost: $750 Distributor caps: $75 Chassis #: Tag on firewall, stamped on right front chassis rail Engine #: On left side of block below head Club: Mercedes-Benz Club of America 1907 Lelaray St. Colorado Springs, CO 80909 More: www.mbca.org Alternatives: 1952 BMW 501 cabriolet; 1952 Alvis TA21 drophead; 1952 Alfa Romeo 1900 cabriolet SCM Investment Grade: B Comps Chassis number: 0790652 to a letter sent by a previous owner to the vendor, this lovely example was owned from 1993 to 1998 by a gentleman in Wisconsin, who bought it from a party who found the car in a barn they had purchased. Upon acquiring it, he removed the body from the frame and restored both. He claimed to have never driven the car but only restored it cosmetically. In 1998, he sold it to a car dealer in southern Louisiana, who painted the car black (it had been red) and only drove it 42 kilometers over the next five years. In fact, it sat in his showroom, not for sale, but simply as a display car. Finally, in 2003, the vendor acquired the 220 cabrio- I let B with 36,363 kilometers showing on the odometer. Although it was cosmetically restored, he enjoys driving his cars and therefore elected to conduct a mechanical restoration on this car as well. He carried out as much work as possible on his own before sending the car to noted restorer Henry Magno of Massachusetts. Receipts totaling over $37,000 in mechanical work are available. As presented, the car is reported to run perfectly and drives wonderfully. The owner has driven the car about 3,500 kilometers since purchasing it and has won awards in every car show he has entered. The extensive list of desirable features include an original owners manual, sales literature, service manual, a Telefunken radio with multiple bands, and original Bosch lamps with halogen bulbs, which do not have sealed beam units behind the original lenses like so 48 ntroduced at Frankfurt in 1951, the Mercedes-Benz 220 series was available in sedan, coupe, and cabriolet variants. It was in production through August 1955, with only 997 cabriolet Bs built. According many other restored cars. The car also has a set of fitted luggage in the trunk, which is in excellent condition. Overall, it is described as being in outstanding condition with everything in working order. The lovely black exterior finish is offset by a burgundy interior with matching carpets. Thanks to properly executed restoration work, this Mercedes-Benz requires nothing to be driven and shown with pride. SCM Analysis This car sold for $112,750, including buyer's premium, at RM's Automobiles of Arizona Auction in Phoenix, Arizona, on January 22, 2010. The road back from the ruins of World War II seems, in retrospect, a quick and fairly painless one for Mercedes-Benz. Like its counterparts in Germany and Italy, much, if not all, of the company's manufacturing capacity had been destroyed in air raids. Add to that the need to make a splash in all-important export markets—some of which might be distinctly cool toward the products of a company so recently building armaments for an enemy government. However, forgiveness proved to be more forthcoming than might be assumed, and business was strong enough to more than pull Mercedes through. In fact, following the reintroduction of the pre-war 4-cylinder 170 in 1946, few would have dreamed that a mere four years later the company would be back in the luxury car business with the 300 sedan and four-door convertible, and back at the top of the motorsport heap a year later with the 300SLR. In the meanwhile, an important middle-class offering was necessary, so the 6-cylinder 220 model was 1952 Mercedes-Benz 220 cabriolet A Lot 23, s/n 1870120428552 Condition 1Sold at $109,247 Artcurial, Paris, FRA, 2/19/2007 SCM# 44559 1952 Mercedes-Benz 220 cabriolet A Lot 251, s/n 0343152 Condition 2+ Sold at $154,000 RM, Monterey, CA, 8/17/2007 SCM# 46459 1953 Mercedes-Benz 220 cabriolet B Lot 37, s/n 0120362651 Condition 3+ Sold at $52,464 Christie's, London, UK, 4/19/2005 SCM# 37905 Sports Car Market Photos: RM Auctions

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also inserted into the mix. The fact that 1951 saw the introduction of both the 220 and 300 was evidence of a very impressive comeback for Mercedes. The styling of the 220 is distinctly 1930s Along with a pre-war-based chassis, the styling of the 220 also was distinctly 1930s in feeling. By the time it came along, it was difficult to find manufacturers who had not gone over to an “envelope” design, eliminating separate fenders and running boards. All the American cars were so styled, and even in Europe the 1951 offerings from Alfa Romeo and Lancia featured sleek, modern bodies. For the 220, the only concession to the 1950s was fairing the headlights into the fenders. The 220 was well built, with a tubular frame and hand-finished body detailing closer to pre-war standards. As a result, they are extremely expensive to restore, especially the cabriolets with their complex lined and padded tops, delicate chrome-trimmed instruments, and generous interior wood décor. While the 220 has undeniable class, Mercedes style, and might be seen as the “poor man's 300S,” it's no autobahn burner. With 80 hp to drag 3,100 lb, its power-to-weight ratio compares quite unfavorably with that of the more powerful model. But the 220 can keep up with modern traffic and cruise at 75 mph–80mph, so it's not exactly a slug. It's not dissimilar to the case of the 190SL, which is a very enjoyable ride, provided you don't count on it being a little 300SL. Mercedes continued its pre-war policy of offering two versions of their open cars, called the cabriolet A and cabriolet B. They varied in passenger capacity and most obviously in the number of side windows. The former was a “two-window” two, or two-plus-two seat, model, while the latter was a “four-window,” four- or five-passenger car. Needless to say, the cabriolet A was by far the better looking of the two, with a dashing, sporty balance that the slightly ungainly cabriolet B could not match. Not well known and seldom seen outside Europe For years, all these early post-war Mercedes languished in the shadows of the un- disputed three-pointed “stars” of the 1950s—the 300SL, 300S, and 300SC, and even the 190SL. They are not well known and seldom seen outside of northern Europe. That has begun to change, with well-restored 220 and even 170S cabriolets appearing on the market from time to time. Strangely enough, three emerged at auction in January of this year, with two in the Bonhams Rétromobile sale in Paris, (where the cab A sold at $88,550 and the cab B did not sell) and this one, which sold in Arizona. A well restored or exceptionally preserved example of the more attractive cabriolet A has fetched prices at the $100k-plus level for a number of years, a reflection once again of their style and recognition of the restoration costs involved in making one right. This cabriolet B, with what seems to be a twelve-year-old cosmetic restoration, sold above the $88,550 achieved for the cab A in the Paris sale, in what seems to have been similar condition to this car. Our subject car sold near the end of the auction, and it appears to be a case of two determined bidders who waited the duration of a very long session in order to take this car home. And of course, once you've invested the time in waiting, there's no sense in going home without a car. We saw a similar situation at the Bonhams Quail Lodge sale last August, with two no-reserve Porsche 356s among the final lots. Convinced a steal was in the offing, a small group of dealers waited into the cooling evening, as the rapidly dwindling audience drifted away. The results? “Retail plus” sales for both cars. For all those who think they can handicap run list location and outcome, think again. Auctions have their own rules, and as always, remember that one sale does not a market make. This price, for this car, is yet another example of a vehicle that is bought above the norm, but the vehicle itself, due to the excellence of the restoration and the costs involved, more than justified the amount spent. For this car, I would call the deal fair for both sides. ♦ (Introductory description courtesy of RM Auctions.) April 2010 49

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American Profile 1954 Mercury XM-800 Dream Car Dream Cars of the '50s had gas turbine engines, aircraft-inspired shapes, radar guidance systems, nuclear powerplants, and more… by Thomas Glatch Details Years produced: 1954 Number produced: 1 Original list price: n/a SCM Valuation: $429,000 on this day Tune-up cost: $150 Distributor cap: $20 Chassis #: Brass plate on frame behind front left corner of bumper Engine #: Pad on upper front of engine near timing cover Club: International Mercury Owners Assn. PO Box 1245 Northbrook, IL 60065 More: www.mercuryclub.com Alternatives: 1953 Lincoln Indianapolis Exclusive Concept; 1951 Chrysler D'Elegance; 1954 Oldsmobile F-88 SCM Investment Grade: A Comps Chassis number: XM505555 called the Thunderbird and a full-size two-door hard top produced under the Mercury banner and called the XM800. Ford's head of design, George Walker, sent this project to the Mercury Pre-Production Design Studios, which was headed up by John Najjar. Initial designs for the XM-800 used sweeping lines I to present a streamlined profile, with lavish use of contoured chrome trim badges and a great deal of decorative gingerbread. That was until an up-and-coming designer by the name of Elwood Engel stepped in and lent his hand. He suggested a more subdued approach, softening the lines to provide a clean and elegant look. When the final design work was completed, Ford contracted Creative Industries of Detroit to build the car. The XM-800 would be based on a standard-production Mercury Monterey chassis and all of the body panels would be fiberglass. When the XM-800 debuted at the 1954 Detroit Auto Show, it was an instant success. It was hailed for its open use of glass in the greenhouse area, offering drivers and passengers an almost-360-degree panoramic view. So impressive was the final product that Benson Ford, who headed up the Lincoln-Mercury Division at the time, pushed for the XM-800's basic design to be added to the Mercury lineup and prompted literature of the day to note that this car had been “engineered for full volume production.” However, at about the same 50 n the 1950s, concept cars—often referred to as Dream Machines—were built to test new ideas. For 1954, Ford Motor Company fielded two new entries in the show circuit: a sporty little two-seater time as the XM-800 was developed, the company had decided that an entirely new line should be produced, which would become the Edsel. Under the hood of the XM-800, an experimental version of the new overhead-valve Y-block V8 was installed, reportedly 312 ci, with nearly 270 horsepower and backed up by a Ford-O-Matic automatic transmission. A number of promotional items were produced, including key-chain fobs and even a toy car in Post brand cereals, which is considered quite collectible today. During 1954 and into early 1955, the XM-800 made appearances at car shows and exhibitions across the country. It was also loaned out to movie studios and featured in the 20th Century Fox production “Woman's World,” starring Clifton Webb, Van Heflin, Cornell Wilde, Fred MacMurray, June Allyson, and Lauren Bacall. A number of styling cues on the XM-800 foreshad- owed future products. The greenhouse had a streamlined contour with a rakish wrap-around windshield featuring forward-canted A-pillars that would be seen in many 1957 models. Headlights were “frenched” into the fender with canted housings which would appear the next season on the Mercury line. Even the hood reflected new innovations, with a functional hood scoop that was both practical and stylish. Aerodynamic drag was reduced at the wheelwells with skirted front fenders front and rear. In 1957, after the XM-800's service had come to an end, it was donated to the University of Michigan's Automotive Engineering Lab to serve as inspiration for 1954 Dodge Firearrow III Lot 170, s/n 9999707 Condition 2 Sold at $880,000 RM, Phoenix, AZ, 1/16/2009 SCM# 119265 1952 Chrysler Thomas Special Lot 162, s/n C51834214 Condition 2 Sold at $715,000 RM, Amelia Island, FL, 3/11/2006 SCM# 41029 1954 Packard Panther Daytona Lot 277, s/n M600127 Condition 1Sold at $700,000 RM, Amelia Island, FL, 3/14/2009 SCM# 119919 Sports Car Market Photos: RM Auctions

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future designers. In the 1960s, the school sold the car at auction to a private individual. The owner of the car has been lost to history but he parked the car in a barn in central Michigan where he rented space for one year. Unfortunately, the farmer pushed the XM-800 outside and left it to sit in the elements until the mid-1970s. At that point a young car enthusiast was able to purchase it. The new owner hoped to restore the XM-800 and he proceeded to disassemble it. While his plans did not come to fruition, his actions did preserve the car from further deterioration, and it eventually ended up in one of the largest collections of concept cars—still unrestored—where it sat for 20-plus years. The car was then sold to the current owner, who was able to complete a frame-off, nut-and-bolt restoration. SCM Analysis This car sold for $429,000, including buyer's premium, at RM's Automobiles of Arizona Auction in Phoenix, Arizona, on January 22, 2010. Most post-war American concept cars were unbridled flights of fancy. From the impractical to the impossible, the Dream Cars of the 1950s had gas turbine engines, aircraft-inspired shapes, radar guidance systems, nuclear powerplants, and more. One of Ford's 1954 concept cars, the FX Atmos, had tailfins that stood nearly four feet tall, a glass bubble top right out of the Jetsons, and twin sharp spears projecting from the front bumper. They were intended for some highway of the future to control the vehicle by radio, but in reality would have skewered pedestrians. The 1955 Lincoln Futura was so extreme it was used a decade later on TV as the Batmobile. And then there are the stand-outs But out of this era of exuberance, a few designs stand out. The 1953 Motorama Corvette went into production almost exactly as shown. A year later, Ford's Thunderbird concept from the Detroit Auto Show was almost identical to the production version on sale that fall. The LincolnMercury News Bureau called the Mercury XM-800, also introduced at the '54 Detroit show, “the most advanced design in a car capable of going into volume production.” The design by John Najjar and Elwood Engel was so strong it influ- enced Mercury and Lincoln automobiles for the rest of the decade. And ten years later, Engel replaced Virgil Exner as Chrysler's design chief, partly due to his bold, clean design of the 1961 Lincoln Continental. Though the XM-800 was not drivable, it was built on a production frame and had a development V8 engine. When the last owner, Tom Maruska, restored the vehicle, he had to create an electrical system to make the car operable. Fortunately, Najjar was able to assist with the blueprints. Maruska drove the XM-800 for the very first time under its own power last year, and it was shown at the 2009 Meadow Brook Concours. The value question Concept cars are traditionally hard to value. Some design and engineering cars from the GM Heritage Collection were snapped up last year for just $20,000. Yet the 1953 GM Futurliner Parade of Progress bus sold for $4.3m in 2006, while the 1954 Oldsmobile F-88 sports car concept sold in 2005 for $3.2m. The strange and extravagant Boano-built 1953 Lincoln Indianapolis Exclusive Study coupe sold for over $1m, as did the pretty 1952 Chrysler D'Elegance coupe. So why would the XM-800 sell for a fraction of these prices? While the current market is strong enough for historic race cars of impeccable provenance, it seems it won't support a six-figure dream car. There's also an apparent GM bias, and comparable Ford and Chrysler models often sell for less. In this case, I believe the buyer got an important '50s design study at an absolute bargain price, especially considering that the car was reported sold on eBay in January 2009—unrestored— for $315,500 (SCM# 119411). I'm guessing the restorer is disappointed. Very well bought. ♦ (Introductory description courtesy of RM Auctions.) April 2010 51

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Race Car Profile 1959 Lister Costin Jaguar Sports Racer A problem with Listers is that virtually all of them were horribly abused in their “just old race cars” days by Thor Thorson Details Years produced: 1958–59 Number produced: 1958—17 (10 Jaguar) 1959—11 (2 Jaguar) Original list price: n/a SCM Valuation: $500,000–$750,000 Cost per hour to race: $1,000 Chassis #: Tab on front shock tower Engine #: On head between cams Club: Jaguar Clubs of North America 234 Buckland Trace Louisville, KY 40245 More: www.jcna.com Alternatives: 1953–55 Jaguar D-type; 1955–62 Devin SS; 1955–58 Maserati 300S SCM Investment Grade: B Comps Chassis number: BHL123 Engine number: LC12998 I n 1957, Brian Lister built his first Jaguar-powered sports racer, with which he achieved outstanding racing victories with the brilliant one-armed driver Archie Scott Brown. During this time, Lister's sponsor, British Petroleum, was seeking a team of large-displacement sports racing cars to rival Aston Martin and Ecurie Ecosse Jaguars, both of whom were sponsored by Esso. Lister seemed the obvious choice, and the first produc- tion “Knobbly” Lister Jaguar, so named for its unusual but effective body shape, debuted in 1958. The first two cars went to Briggs Cunningham to complement and, eventually, replace his older Jaguar D-type team cars. At the beginning of 1959, Lister initiated a restyl- ing of the already efficient Knobbly bodywork. Famed de Havilland aeronautical engineer Frank Costin was enlisted and began by revising the irregular formation of the Knobbly. Costin succeeded admirably in smoothing the coachwork but, surprisingly, the sleeker bodywork was less aerodynamic. Nevertheless, nine Costin Listers were built, two with Jaguar power and seven with Chevrolet V8 engines. BHL123 is arguably the most historically impor- tant of all the Listers. Originally purchased by Briggs Cunningham and prepared by chief mechanic Alfred Momo, BHL123's first competition outing was the 12 Hours of Sebring race in 1959 with Walt Hansgen at the wheel. BHL123 became the one to beat, and Hansgen drove the race car to four 1st place finishes at Virginia International Raceway, the Cumberland International races in Maryland, Bridgehampton Race Circuit, and Watkins Glen. Hansgen also achieved 2nd and 4th place finishes, capturing the 1959 SCCA C-Modified National Championship. 52 BHL123 has regularly challenged and frequently bested Ferrari Testa Rossas, Jaguar D-types, Maserati 300s, Aston Martins, and Devin Chevys at the Monterey Historic Races. BHL123 offers an exciting and authentic late 1950s driving experience with all the sights, sounds, and sensations of open-cockpit sports racing at speed. SCM Analysis This car sold for $1,100,000, including buyer's premium, at Gooding's Scottsdale Auction in Scottsdale, Arizona, on January 22, 2010. In all of vintage racing, there is no more desirable or collectible category of cars than the front-engined sports racers that ran in international and SCCA competition from the mid 1950s into the early 1960s. As a group, they embody beautiful shapes, wonderful sounds, and exhilarating performance combined in packages that, primarily due to the skinny, hard tires available in the era and the relatively primitive tracks on which they ran, are enjoyable for the amateur racing car driver. That said, there are at least four and possibly five distinct hierarchies that define the desirability and value of the various cars in the group. The top rank is limited to Ferraris. They have it all: beauty, exclusivity, exotic mechanical packages, huge international dominance, and a particular, almost feminine sexiness that makes men's knees and wallets weak. The second rank is made up of Ferrari's serious rivals for the Manufacturer's Championship—Maserati, Aston Martin, and Jaguar being the most obvious. They built complete packages, including engines and drivetrains, which gives a value the lesser cars don't have. The third rank is specialist manufacturers that used 1956 Lister Jaguar Lot 148, s/n BHL14 Condition 3 Sold at $120,012 Coys, Silverstone, UK, 7/24/1998 SCM# 15336 1959 Lister Costin Jaguar Lot 240, s/n BHL259 Condition 2Sold at $275,273 Bonhams, Sussex, UK, 9/1/2006 SCM# 43020 1959 Lister Costin Jaguar Lot 385, s/n BHL133 Condition 1Sold at $762,000 Bonhams, Sussex, UK, 6/22/2007 SCM# 45871 Sports Car Market Photos by Pawel Litwinski © 2009 Courtesy of Gooding & Company

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outside engines and drivetrains in professionally built chassis with proper alloy bodywork, ideally aimed at European competition. Of these, Lister is probably the best. The fourth rank involves production fiberglass bodies and American V8 engines (Devin), while homebuilts make up the bottom of the value range. As you descend through the range, the collector values decrease relative to what I call the “weapons grade” components. At the top, history, provenance, original engine and bits, etc. are hugely important to the value, while at the bottom it's whether you can get an entry and how much fun you can have with the big boys. Listers fit into the middle tier, where the two aspects are in balance. A great problem with Listers is that virtually all of them were horribly abused in their “just old race cars” days: Cars were wrecked, chassis were replaced (often without disposing of the old one), engines thrown away, nobody really kept records of what happened, etc. The result is that there are very few “pure” Listers in existence— most have some stories. This tends to keep owners or potential buyers from being too concerned with originality and more interested in going fast and having fun. Lister cars were robust, effective, and fast A brief history is probably in order here. Brian Lister was a very competent en- gineer who built himself a ladder-framed special with an MG engine in 1954. It was competitive, and over the years his company refined the concept with different engines (most notably Bristol) until they built a Jaguar D-type-engined version in 1957. That car, driven by Archie Scott Brown, was very successful and led to the big Lister sports racers in 1958 and 1959. The cars were not particularly sophisticated, being developments of the 1954 design, but they were robust, effective, and fast. The factory offered them with 3- or 3.8-liter D-type engines (European competition was limited to 3 liters in those days, so the 3.8 was primarily for U.S. use) or with Chevy V8s. The Chevy cars were all shipped to the U.S. without engines or transmissions; Jim Hall and Carroll Shelby installed them on arrival. The body design for the 1958 cars was effectively an alloy skin pulled as tightly over the components as was possible to reduce frontal area, with the result that the appearance was very bumpy, or “Knobbly,” thus the name. As mentioned in the catalog description above, in an attempt to remain competitive, Lister hired aerodynamicist Frank Costin to design a more slippery shape for 1959. Costin's theory was that a smooth shape mattered more than frontal area, but he was incorrect. The Knobbly had lower drag, and most people like that design better as well. V8 makes much more power than the Jag Listers come in four basic variants—Knobbly and Costin, Jaguar and Chevy. Most of the Knobblies used Jaguar engines; all but two of the Costins were Chevy powered. European competition in the era was strictly Jaguar powered, while America got some of the Jags and all of the Chevys. The V8 makes easily half again more horsepower than the Jaguar with about the same weight, so the Chevys are much faster than the Jags, but can be quite a handful. The Jaguar-powered cars are generally considered to be a better balance of power and handling, which makes them more user-friendly, if not quite as quick. European racers seem to prefer the Jaguar cars; American buyers tend toward (surprise) the Chevys. BHL123 crossed the auction block as one of the bet- ter, but certainly not the best, Lister Jaguars. On the good side, it was beautifully presented, the recent history and previous owner are well known and respected, and the history of BHL123 is impressive. But its ownership history in the earlier days is long and complicated, plus it makes no claim to an original engine or transmission. Listers have long fallen well short of $1 million, even in the crazy markets of the last few years, while this one sailed through, and the question is why? Maybe the previous cars weren't good enough? Maybe the market for Listers is changing, with the value dragged up by the first- and second-tier cars they run with? Maybe somebody just got carried away at an auction? No matter which applies, I'd say this car was very well sold. ♦ (Introductory description courtesy of Gooding & Company.) April 2010 53

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Market Reports Overview Arizona Auctions Total $126m Severe weather was a cause for concern, but almost every auction saw increases over last year's numbers by Jim Pickering year, the characteristic 65-degree sunny skies gave way to a massive storm that brought high winds and pounding rain, battering the auction sites for the better part of two days. However, when the rains cleared, 1,719 of 1,973 cars had sold at five auctions for a total of $126,491,309, and almost all of the events in the area saw comfortable increases from what was achieved in 2009. Russo and Steele got hit hardest by this year's storm: A On Thursday night, two of its 800-foot auction tents blew down on the consignments beneath them, causing hundreds of thousands of dollars in damage to the cars and sending debris across the 101 freeway to the north, closing it for several hours. Safety concerns drove local authorities to close down the auction site until Sunday morning, at which point Russo was up and running. However, as we go to press, Russo and Steele has not released any sales figures from the event, and coverage of the auction is not included in this issue. Barrett-Jackson was again on top in terms of gross numbers, with 1,193 no-reserve cars selling for a final total of $67.1m—a significant increase from last year's $61m from 1,075 cars. Auction Analyst Dan Grunwald noted several high-profile lots bringing big money, including a 1964 Shelby Cobra 289 that made $478k, and a 1929 Hamilton Metalplane, which was the high sale of the event at $683k. According to Barrett-Jackson, 40% of this year's bidders and 35% of this year's consignors were first-timers—more evidence of a rebounding economy. Gooding & Company returned to the Scottsdale Fashion Square for its third annual Arizona auction, where 115 of 125 lots sold for nearly $34m. The event was expanded to fill two days, and once again, Gooding sold SCM 1-6 Scale Condition Rating: 1: National concours standard/ perfect 2: Very good, club concours, some small flaws 3: Average daily driver in decent condition 4: Still a driver but with some apparent flaws 5: A nasty beast that runs but has many problems 6: Good only for parts 54 rizona is the place to be for car collectors in January, with most of North America's highprofile auction houses hosting flagship sales in the mild mid-winter desert climate. This $67,107,325 Sales Totals Barrett-Jackson, Scottsdale, AZ Kruse, Glendale, AZ RM Auctions, Phoenix, AZ Silver Auctions, Fort McDowell, AZ Gooding & Company, Scottsdale, AZ $33,990,250 the most expensive car of the week—a 1956 Jaguar D-type at $3.7m. Contributing Editor Donald Osborne noted that in all, seven million-dollar cars changed hands, and final totals eclipsed last year's $32.4m achieved from 84 of 101 cars. RM's annual “Automobiles of Arizona” event also saw the addition of a second evening of sales, billed as “The British are Coming!” In all, 150 of 168 cars sold for a $19.7m total, up from 2009's $18.2m from 106 of 127 cars. Senior Auction Analyst Carl Bomstead watched as all but six cars from the British evening sold, and he said several bargains were present, including a 1947 Chrysler New Yorker Highlander convertible that brought just $35,750. At the Fort McDowell Resort and Casino, Silver Auctions also faced collapsing tents on Thursday night, but the auction cars had been moved and none were damaged, and the company was able to get up and running by mid-afternoon on Friday. Senior Auction Analyst B. Mitchell Carlson found attendance to be up considerably this year, presumably due to Russo and Steele's closure across town, and by the end of the three-day sale, 221 of 410 lots had sold for a total of almost $4m, which was up slightly from 2009's 199 of 443 cars sold for $3.5m. Auction Analyst Lance Raber attended Kruse's annual Arizona event, this year held in Glendale, where 41 of 77 cars changed hands for a $1.8m total. Kruse has battled with bad press as of late, but there was money in the room, as evidenced by the high sale of a 1935 Duesenberg JN Rollston convertible at $777,600—a bargain price given the cost of the car's restoration. Finally, if you're the type of collector who can't have just one, Geoff Archer's eBay Motors report should have the perfect deal(s) for you.♦ Top 10 Sales This Issue (Land Auctions Only) 1. 1956 Jaguar D-type sports racer, $3,740,000—G&C, p. 86 2. 1959 Ferrari 250 GT Series I cabriolet, $2,145,000—G&C, p. 90 3. 1934 Duesenberg Model J Disappearing Top convertible coupe, $1,815,000—G&C, p. 94 4. 1932 Alfa Romeo 6C 1750 Gran Sport Series V spider, $1,540,000—G&C, p. 90 5. 1936 Hispano-Suiza J12 Type 68 cabriolet, $1,540,000—G&C, p. 92 6. 1959 Lister Costin Jaguar sports racer, $1,100,000—G&C, p. 86 7. 1965 Shelby Cobra 427 S/C, $1,028,500—G&C, p. 96 8. 1963 Aston Martin DB4GT coupe, $1,001,000—RM, p. 72 9. 1935 Duesenberg JN Rollston convertible, $777,600—Kru, p. 110 10. 1965 Ferrari 275 GTB coupe, $737,000—G&C, p. 92 1. 1930 Duesenberg Model J Willoughby sedan, $329,400— Kru, p. 110 2. 1947 Chrysler New Yorker Highlander convertible, $35,750—RM, p. 78 3. 1909 Packard Model 18 runabout, $104,500—G&C, p. 92 4. 1934 Brewster Ford town car, $77,000—RM, p. 76 5. 1959 Cadillac Coupe DeVille Raymond Loewy Custom, $161,700—B-J, p. 62 Sports Car Market Best Buys $1,762,074 $19,664,100 $3,967,560

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Barrett-Jackson Scottsdale, AZ 39th Scottsdale Collector Car Auction From its non-stop entertainment, to the auction of world-class automobiles, this is still the “800-pound gorilla” in the Valley of the Sun Company Barrett Jackson Date January 18–24, 2010 Location Scottsdale, Arizona Auctioneer Tom “Spanky” Assiter & Associates Automotive lots sold / offered 1,193/1,193 Sales rate 100% Sales total $67,107,325 High sale 1929 Hamilton Metalplane H47 Aircraft, sold at $683,200 The Ghostbuster special makes $88,000 Report and photos by Daniel Grunwald Market opinions in italics blend of automobiles, but this is still the only “all noreserve” sale of the bunch. The variety of cars (also buses, airplanes, and other M motorized items that defy description) has evolved through the years with the changing marketplace. Last year we saw the cars from the GM Heritage Collection, while this year the “Dillinger” Model A ($165k), the first 1966 Shelby Mustang ($247,500), and the Blastolene Watson Roadster ($280,500) were the talk of the town. This year could also be noted as “The Year of the Pickup Truck and the Microcar,” as many great examples of both were represented. Top seller was a 1929 Hamilton Metalplane H47, which wasn't even an automobile, but sold for $683k. This is not a completely new phenomenon; in 2006 the top seller was the GM Futurliner bus ($4.3m), and last year it was the Ford Tri-motor aircraft ($1.2m). The 1929 Hamilton airplane was followed by a 1964 289 Shelby Cobra, which found a new home for $478,500. Lots of honest, original older cars appear at Barrett- Jackson, and not all have two bidders intent on owning them. This is where “No Reserve” can work in the buyer's favor. Even on some of the high-level offerings, bidders know they have a chance to own a particular car 56 any car auctions now take place in the Phoenix area, following the lead of BarrettJackson, which started it all in 1971. Each auction has its own character and its own Buyer's premium 10% in the room, 12% on the phone, included in sold prices; waived on 17 charity lots without an unrealistic reserve price. At B-J, some of those dreams do come true, and the fact does not go unnoticed, as this year, according to Barrett-Jackson, 40% of the bidders were first-timers and 35% of the consignors were novices. This report would not be complete without a mention of the “Sunny Arizona” cli- mate this year. The rain was occasional on Tuesday, absent on Wednesday, drenching on Thursday, and lighter on Friday. That Thursday storm was accompanied by high winds, but the crew at Barrett-Jackson proactively circled the semi trailers and there was no damage reported. The storm may have kept some of the locals away, but the overall gate and the sales volume were up from 2009. Some last-minute changes were made to the parking because of flooding, but shuttle buses were on duty and the time and steps from the parking lot to the auction were actually reduced. An added treat this year for Corvette fans was SCM's sister publication, Corvette Market, conducting an Insider's Seminar on site. Completely sold out, with over 300 Corvette fanatics in attendance, it featured an all-star panel of Corvette experts who gave their buy-sell-hold picks for the current market. If you're a Corvette collector, read more about it in the next issue of Corvette Market. From the “Lifestyle Show” with its non- stop entertainment to the auction of worldclass automobiles, Barrett-Jackson remains the big draw in the Valley of the Sun, and everyone who likes old cars dreams of making the pilgrimage at least once. For six days and 1,193 cars, this is Mecca. ♦ Sales Totals $20m $40m $60m $80m $100m $120m 0 Sports Car Market 2010 2009 2008 2007 2006

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Barrett-Jackson Scottsdale, AZ ENGLISH #415.1-1959 AUSTIN-HEALEY 100-6 roadster. S/N BN4L072632. Black/red vinyl. Odo: 28,542 miles. Shiny black paint shows numerous flaws and several paint repairs on trunk lid. Body filler visible under the rockers. Some chrome weak, some shows well. Unusual heater delete car with triple SU carburetors. correct and key is problematic. Mechanicals seem to need a bit of love to make it start and shift smoother. Cond: 3. SOLD AT $44,000. Cosmetically, this looked good, and cute sells well here. A single carb and a single cylinder require patience, but I doubt it'll be used much anyway. Well sold. #420.1-1957 HEINKEL 200 coupe. S/N 311110. Red/white vinyl. Odo: 99,999 km. Very thick paint, good chrome bumpers. Dull side and rear plexiglass windows, scratched front glass, old and cracked weatherstripping in places. New seat, floor pan looks solid, headlights misaligned. Cond: 3. SOLD AT $27,500. surface cracks on steering wheel and some dash retouching. Solid body with original dimples at headlights and no rust in trunk at corners. Cond: 2-. SOLD AT $33,000. A clean and honest car that I'd buy without reservation. The solid body and originality rather than a fluff-and-buff restoration made me confident in the quality here. I'd call this well bought. #51-1966 VOLKSWAGEN BEETLE Wrapped steering wheel over cracks, driver's seat torn on left side of seat back. Said to have original miles. Cond: 3. SOLD AT $40,700. Stated to have been raced in warm climates in its former life, and looked just a bit worn here. Sold price was commensurate with condition. #1611-1967 JAGUAR XKE convertible. S/N 1E14533. Red/black leather. Odo: 39,414 miles. Good hood gaps, driver's door and trunk fit a bit off, gas door sits high. Nice interior, miles said to be original. Paint and chrome Last seen at Christie's London sale in March '97, where it sold at $7,360 (SCM# 3472). They made a great airplane, and after Germany lost the war, they built these. Heinkels aren't seen often at auction, but microcars in general are showing surprising muscle in the market. Very well sold. #919-1958 BMW ISETTA 600 coupe. S/N 122747. Blue & white/gray cloth & vinyl. Odo: 58,728 miles. Lots of dust in paint, good chrome including bumper guards, some weak trim, dull taillights. Windshield wiper scratches show no obvious flaws. Cond: 2-. SOLD AT $62,700. Some of the small restoration details seemed a bit weak and hurried, but you have to look closely to see them. Sold on the market for condition. GERMAN #52-1956 MESSERSCHMITT KR175 convertible. S/N 1669853. Blue & white/tan vinyl. Odo: 4,069 miles. An early KR175, of which only 10,000 were built (as compared to around 40,000 KR200s). OK paint and new clear canopy, handlebar doesn't look and trunk rack as well as wide whites and a Thermador window-mounted air cooler. Decked-out Beetles always seem to do well at B-J, and this one was no exception. Well sold. #441-1967 AMPHICAR 770 convertible. S/N 106523087. Blue/white vinyl/yellow & white vinyl. Odo: 530 miles. Much is original, with obvious recent repaint showing a few minor flaws. Large dent behind driver's door, sedan. S/N 116304596. Blue/cream vinyl. Odo: 77,777 miles. Nice paint with new fender welting and running boards. New interior, some chrome and trim pitted and dull, wiper arms painted. Missing a section of bright trim on windshield surround. Claimed California black plate car. Cond: 2-. SOLD AT $18,700. Accessorized with roof rack, picnic gear, in windshield, some delamination also noted. Very clean engine, floor pans and frame rails look solid. Powered by a two-stroke 600-cc BMW motorcycle engine. Cond: 2-. SOLD AT $33,000. If you want an Isetta, this is the one to get, as it has one more cylinder and one more door than the 300 model. They're sometimes called limousines, but that's stretching it a bit. Would make a great taxi if you're not in a rush. Well sold. #1532-1964 MERCEDES-BENZ 230SL convertible. S/N 1130421200185. White/blue leather. Odo: 67,892 miles. Nice paint with one noticeable chip on left rear fender. Very good chrome. Original seats with light patina, 58 some waviness on sides and trunk lid. Steering wheel cracked. Owner says it “runs like a top.” Cond: 3. SOLD AT $45,100. The owner also said that it floats, and that's probably a good thing. After rising as far as $124k at B-J in January '06 (SCM# 40359), the bubble has burst on these, but what would have been silly money ten years ago now seems fair. Such is the car business. Sports Car Market

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Barrett-Jackson Scottsdale, AZ ITALIAN #934.2-1989 FERRARI TESTAROSSA coupe. S/N ZFFSF17A8K0082377. Red/tan leather. Odo: 14,146 miles. Looks as it should for a 14,000-mile car. No paint chips, clean windshield, small stain on driver's seat. Clean throughout. Cond: 1-. SOLD AT $78,100. Has peel, and prep flaws throughout. Several areas of heavy body filler evident. Broken and glued taillight lens, wipers unevenly set, grille misfit. Trim dented, seat torn. Cond: 4+. SOLD AT $7,700. Last seen at Barrett-Jackson's West Palm Beach sale in April '09, where it sold at $9,900 (SCM# 120221). These are unique and kind of sexy sport cars normally, but unfortunately this one was past its prime, and the restoration left much to be desired. The seller should be happy even at below the price paid in Florida. AMERICAN #1309-1930 FORD MODEL A coupe. CARFAX and an invoice for a recent full engine-out service, which is vital when buying a low-mileage Ferrari of this vintage. Sold at the top of the market, but it did have all the right boxes checked. JAPANESE #50-1972 HONDA Z600 coupe. S/N AZ6001017050. Yellow/black vinyl. Odo: 35,080 miles. Some wide and variable panel gaps, visible paint prep flaws on rear window surround. Comes with all registration papers had a choice, I'm sure he would have picked a V8, but John was in a hurry that evening. There was lots of interest and speculation about what this would sell for, and with the recent release of “Public Enemies,” I'm sure many would have anticipated a higher price. See the profile, p. 36. from new, including original dealer's sale receipt. Driver's door panel misfit, other interior bits OK. Engine detailed. Cond: 2. SOLD AT $27,500. This was said to be a totally rebuilt, rust-free car. I never see these at auction, but with this one selling at almost triple what most price guides say they're worth, I anticipate seeing them more often. Well sold. SWEDISH #15.1-1971 VOLVO P1800 coupe. S/N 184353032984. White/black leather. Odo: 60,470 miles. Newer white paint with overspray on some weatherstripping. Also chips, orange #711-1951 CROSLEY fire truck. S/N N/A. Red/black vinyl. Odo: 11,503 miles. Not really a fire truck, but rather a children's ride built from a chopped-off Crosley with a fabricated tandem trailer. Ladders are really grab bars that fold down on two bench seats. Cosmetically S/N A2980001. Black/black cloth. The Model A purportedly stolen by John Dillinger when escaping from Little Bohemia with the Feds on his tail. Fully—and sadly—restored with new paint and interior, detailed 4-cylinder engine. One bullet hole left in rear fender after the restoration. Cond: 2+. SOLD AT $165,000. If he Odo: 62,292 miles. Shiny new paint with numerous preparation flaws, several runs on the left rear corner of the cab, and a handful of chips. All new chrome and oak bed, detailed engine, new seat cover and headliner. Steering wheel cracked, delamination on side and rear glass, no wipers. Shiny wide whites with some cracking. Window card states 235-ci engine. Cond: 3+. SOLD AT $28,600. Cosmetically very pretty with a great color combination, but the paint let it down a bit up close due to what looked like hurried preparation. Trucks seem to be gaining steam in the market, and this one brought top money. #1292-1952 WATSON BLASTOLENE Custom roadster. S/N OR8O165. Polished aluminum/black vinyl. Odo: 2,198 miles. 1792-ci air-cooled V12 tank engine, Allison 4-speed automatic transmission. 160-inch wheelbase, 8,400 lbs. Some weld lines on aluminum nose pieces, body polished to a mirror finish. All nickel-plated suspension. Titled as a 1952 Watson Roadster. Cond: 2. SOLD AT $280,500. Huge everywhere, with 22.5-inch tires and 1.5-inch thick tie rods. It'll undoubtedly be the center of attention at any car show. Blastolene's B-702 roadster sold here in 2008 for $522,500 (SCM# 48531), so if you had to have it, this price seemed reasonable enough. #462-1953 OLDSMOBILE 88 coupe. S/N 538M92022. Mist Gray/blue/blue cloth. Odo: 29,054 miles. Newer paint, chrome and trim also look new. Original seats still have vintage plastic covers installed. Some delamination on right vent window, other glass still clear. Said to have original miles, and that's believable. Cond: 2+. SOLD AT $25,300. A nice, mostly good with some wear and pitting visible on chrome parts and signs of light use since repaint. Cond: 2. SOLD AT $110,000. This reminds me of the Barrett-Jackson prime-time “Silly Money” show of a few years back. This was a usable curiosity that will no doubt make your kids happy, but it was very well sold at the price paid. #76-1952 CHEVROLET 3100 pickup. S/N 6KPJ9896. Cream & red/brown vinyl. 60 Sports Car Market

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Barrett-Jackson Scottsdale, AZ unrestored car with original low miles. Both the buyer and seller should be pleased. #699.1-1953 CHEVROLET CUSTOM wagon. S/N B53KO85771. Yellow/white & yellow vinyl. Odo: 3,656 miles. 350-ci V8, 4-bbl, auto. Two-inch chopped top, body modified into a 2-door wagon. Fair paint with some prep and panel fit issues. Good chrome, stickon fake wood trim lumpy. New two-tone bench undercarriage with dirt and oil. Cond: 3. SOLD AT $38,500. Most of the easy restoration work had been done, at least when it came to making it look good from 15 feet away, but there was still more to do. This is arguably the prettiest styling of the Mark Continentals, and the price paid here was within the correct range. #38-1958 OLDSMOBILE SUPER 88 4-dr sedan. S/N 588T04087. Red & white/red & white cloth & vinyl. Odo: 640 miles. 371-ci V8, 4-bbl, auto. Thick shiny paint, lots of good chrome. New headliner and interior. Many white/gold cloth. Odo: 41,639 miles. 390-ci V8, 4-bbl, auto. Like-new brocade interior and deep shiny chrome and paint. Built as a one-off custom by Raymond Loewy based on a '59 Cadillac, and featured in the 1959 Paris Auto Salon. Was built in France as a “personal use” car, and used by Loewy to tour Europe with his family. Cond: 1. SOLD AT $161,700. Like the style or not, this was a one-off with known history that had been built and owned by one of the great automotive designers of our time. A beauty, and I would call it a bargain at this price. #1263-1960 CHEVROLET CORVETTE convertible. S/N 00867S107757. Honduras Maroon & white/white canvas & maroon hard top/black vinyl. Odo: 1,264 miles. 283-ci 290hp fuel-injected V8, 4-sp. Numbers matching. One of 759 high-performance fuelies in 1960. Fitted with power windows, Wonderbar radio, seat interior. Fitted with power rack-and-pinion steering and disc brakes. Cond: 3. SOLD AT $27,500. Typical Barrett-Jackson steak and potatoes: an attractive woodie wagon custom complete with roof rack and surfboard. The details let it down, but much effort was put into the car, and it would be hard to build it for the money spent here. #1253.1-1954 KAISER-DARRIN road- ster. S/N 161001026. Red/black canvas/black leather. Odo: 3 miles. Very good red paint with new chrome, interior, and top. Beautiful chrome wire wheels with wide whitewall tires. details need fixing, but overall it looks like a great ten-footer. Cond: 3. SOLD AT $19,800. Someone who didn't care about two extra doors put a lot of work and love into this car. A fun family driver that the kids will love riding in... at least until they turn 17. #967.2-1959 CHEVROLET IMPALA 2-dr hard top. S/N F59S25480. Red/red cloth. Odo: 29,990 miles. 283-ci fuel-injected V8, 4-sp. Some visible paint chips and retouched areas, nice trim and chrome. Tinted glass with delamination visible on windshield and side glass. Said to be original mileage and “numbers Posi, and two tops. In the same family for 20 years, with seven years on the show circuit. Skillfully restored eight years ago, with engine blueprinted to 8,500 rpm and powder-coated frame. Seven NCRS Top Flight Awards and a Duntov award in 2009. Beautifully presented. Cond: 1. SOLD AT $181,500. A superior car in all respects, reluctantly offered by friendly and informed long-term owner who is facing eye surgery. Smacked through the high estimate by $50k, and still well bought. A benchmark car. Fitted with McCulloch supercharger. Cond: 1. SOLD AT $220,000. The bodies for the Darrin were made by Glasspar and were quite lightweight. Another white Kaiser was offered here as lot #1260.1, which made $101,200, but this was the better car of the two and was rarer with the supercharged engine. A new record for a Darrin at auction. #763-1956 LINCOLN CONTINENTAL Mk II 2-dr hard top. S/N 56C2344. White/ teal leather. Odo: 7,613 miles. 368-ci V8, 4-bbl, auto. Mid-level paint with chips and runs, rubthrough visible in various areas. Some trim a bit dull, some chrome pitted and showing repairs. New looking seats and carpets, original #1303-1963 SHELBY COBRA roadster. correct,” including fuel injection system. Cond: 2. SOLD AT $82,500. This very original '59 featured the super rare 290-hp fuel-injected 283 V8. Fuel injection was a one-year-only option on the Impala, available in 250-hp and 290-hp trims, and some sources put the number built at only around 55. This was a great car throughout, but it still sold for top dollar and then some. #1295-1959 CADILLAC COUPE DEVILLE Raymond Loewy Custom 2-dr hard top. S/N 59J088977. Gold & weak with some visible peeling, grille guard fit looks a bit off. Seats show light patina. Cond: 2. SOLD AT $401,500. This one had a great look, and it clearly had been driven and enjoyed. Small-block Cobras are getting more respect in the marketplace in relation to their big-block associates, and this one brought a market price. 62 Sports Car Market S/N CSX2091. Black/red leather. Odo: 29,689 miles. 289-ci V8, 4-bbl, 4-sp. Paint aging a bit, with some overall light scratching and a few visible pinholes. Windshield surround chrome

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Barrett-Jackson Scottsdale, AZ #953-1963 PLYMOUTH SPORT FURY convertible. S/N 3431215395. Blue/blue vinyl/blue vinyl. Odo: 62,597 miles. 426-ci V8, 2x4-bbl, auto. Good paint with some panel edge chipping and some visible body filler. Wrinkles in side trim, deep scratches on right side window trim, most chrome still This probably spent most of its time at the drag strip in the '60s, and while the recorded mileage may seem low, it equates to quite a few quarter-mile passes down the strip. Still, someone got an excellent sleeper 409 at a market price. #1317-1964 SHELBY COBRA roadster. S/N CSX2281. White & blue/black leather. Odo: 6,892 miles. 289-ci V8, 4-bbl, 4-sp. Several paint flaws, light chips on front from driving and enjoying in the Copperstate 1000. Fitted with Paxton supercharger, roller rockers, and aftermarket camshaft. Set up to be good. Restored interior with a couple of weak spots, some fit problems with steering wheel. Restoration completed in 2001. Cond: 2. SOLD AT $38,500. This car had no 426 hood ornament, and the catalog mentioned that the engine was a later addition. As a non-original Max Wedge convertible in decent overall condition, this price was in the right ballpark. #649-1964 CHEVROLET NOVA 2-dr hard top. S/N 40437N245967. Blue/blue cloth & vinyl. Odo: 366 miles. 283-ci V8, 4-bbl, auto. Well-restored basic Nova with good paint and panel gaps. New chrome and interior, fitted with a/c. Paint crack on left A-pillar. All new a competitive driver in the handling department as well. Cond: 2+. SOLD AT $478,500. Participation in the Copperstate 1000 and the Barrett-Jackson Desert Classic should prove this car's reliability and drivability. The bidders liked it as well, and it brought a price within the expected range. #1542-1966 FORD MUSTANG convert- ible. S/N 6R08C124053. Red/Parchment vinyl/ Parchment leather. Odo: 61,610 miles. 302-ci V8, 4-bbl, auto. Rear deck lid fits high, panel gaps vary. Some trim shows age, but many new parts include a new 302 engine and a/c. Recently rebuilt as a mild custom with leather weatherstripping throughout. Steering wheel repaired and painted, undercarriage factory new. Cond: 2+. SOLD AT $21,450. Probably market correct, but you couldn't restore it to this level for this price. A nice honest V8 Nova that hasn't been made into an SS. #1264-1964 CHEVROLET BISCAYNE 2-dr sedan. S/N 41211F263310. Azure Aqua/ aqua vinyl & cloth. Odo: 1,017 miles. 409-ci V8, 2x4-bbl, 4-sp. Said to be an all-original 1,017 mile car. Driver's door fits wide at front, paint and interior still look as they did from the factory. Fitted with tachometer, radio delete. Formerly of the Reggie Jackson Collection. A bare-bones sedan with only the options that make it go fast. Cond: 2+. SOLD AT $60,500. Last seen at Mecum's Monterey sale in August '09, where it sold at $53,000 (SCM# 141981). interior and tasteful chrome in engine compartment. Bonded title, charity car. Cond: 2. SOLD AT $42,000. This charity car's proceeds went to the East Texas Crisis Center. Not quite factory stock, but the look was close. This was the hammer price, as Barrett-Jackson doesn't charge a buyer's fee on charity cars. This was on the high side of market for a car like this, but it's hard to argue when the money's going to a good cause. #968.1-1966 CHEVROLET NOVA SS 2-dr hard top. S/N 118376N16242B. Lemonwood Yellow/black vinyl. Odo: 2 miles. 327-ci V8, 4-bbl, 4-sp. Fresh high-level restoration on an L79 SS Nova. New paint, chrome, and trim. Features the only 1966 engine block with a recessed oil filter and a dual snorkel air cleaner. Pleasing Lemonwood Yellow color, all tinted glass shows well. Cond: 1. SOLD AT $96,800. 64 Sports Car Market Detailed as factory-new everywhere. The L79 350-hp Nova was not the highest-horse muscle car GM ever produced, but it did offer a high power-to-weight ratio which made it the perfect street sleeper. If you had to have the best one out there, this was your car, and I can't fault the new owner for paying up to get it. #1306-1966 MERCURY COMET drag car. S/N N/A. Red & gold/black vinyl. 427-ci fuel-injected V8, auto. Ford “Cammer” SOHC 427 engine, lightweight one-piece body. One of five built, and this is the only one left. Some paint color runs on trunk and a few pinholes noted throughout. Painted graphics as on original. Cond: 2+. SOLD AT $176,000. Weighs a total of 1,940 pounds. Very good condition for any car, much less a factory drag car. One of the original flip-top funny cars in 1966, and a decent buy for a vintage drag fan. #1302-1966 SHELBY GT350 fastback. S/N SFM6S002. White & blue/black vinyl. Odo: 39,375 miles. 289-ci V8, 4-bbl, 4-sp. The first 1966 production Shelby. Some crackle in right side quarter glass, correct side mirror and dash tach. Good paint and interior, chrome shows as-new. Fitted with correct 715 cfm Holley carb, 3.89 Detroit Locker rear end, and T-10M transmission. Period race history includes Road America, Black Hawk Farms, Mid Ohio, Road Atlanta, and Watkins Glen. Cond: 1. SOLD AT $247,500. A very significant

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Barrett-Jackson Scottsdale, AZ Shelby with tremendous history and excellent condition throughout. The 2010 SCM Price Guide values a standard '66 at between $110k and $150k, but there's only one first production car, and that, along with extensive period race history, made this a decent buy. #724-1967 CHEVROLET CORVETTE convertible. S/N 194677S104092. Marlboro Maroon/black vinyl/black vinyl. Odo: 51,250 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Numbersmatching two-owner car, documented restoration in 1988-89 to NCRS standards and with 3 Top Flight awards (local and national) since. AM/FM radio, power windows, Posi, tinted Yellow & black/black vinyl/black vinyl. Odo: 27,237 miles. 396-ci V8, 4-bbl, auto. Door gaps vary slightly, numerous body panels replaced with new sheet metal during restoration in 1998. RS grille with hidden headlights. Some minor paint flaws noted, but not many. Well detailed engine includes A.I.R. pump. Cond: 2. SOLD AT $55,000. Even though they're marketed as exact replicas, new replacement panels don't always fit right, and the ones here were slightly off in a couple of places. Compared to other sales in the market over the past few months, this was a strong price, but it was an RS/SS big-block in good colors. #444-1969 CHEVROLET CAMARO Z/28 glass. Excellent paint and chrome, good top fit. Tidy and typical all around, and was clearly looked after. Cond: 2+. SOLD AT $57,200. Once again a chatty owner is a real plus. This was not a high-horsepower car, but it had been maintained, enjoyed, and sympathetically restored. A Long Island car that came a long way to find a new home, but the new owner should be happy. Considering the provenance, it was well bought. #1351-1967 CHEVROLET CORVETTE convertible. S/N 194677S103111. Rally Red/black/black vinyl. Odo: 18,046 miles. 427-ci 400-hp V8, 3x2bbl, 4-sp. Numbersmatching, with correct-dated replacement motor, Tri-Power, a/c, power windows, power brakes, Positraction, factory side exhaust, tilt/ telescopic column, speed warning, AM/FM radio, and tinted glass. Tank sticker, three coupe. S/N 124379L504420. Yellow & black/ black vinyl/black vinyl. Odo: 83,013 miles. 302-ci V8, 4-bbl, 4-sp. New paint and chrome, detailed engine to factory specs. Front edge of dash cracking, ill-fitting interior A-pillar trim. Fitted with Cowl Induction, tilt wheel, and bumper guards. Seat belts and door panels show some age, with worn through corner on driver's $48,400. The last year of the fastback body and the first year that the 440 was available in the Barracuda. Much rarer than a later 'Cuda 440, and cheaper as well. Well bought and sold. #990-1970 FORD MUSTANG Boss 302 fastback. S/N 0T02G115917. Yellow & black/ black vinyl. Odo: 28,248 miles. 302-ci V8, 4-bbl, 4-sp. Paint a bit thick with some orange peel, but probably no worse than factory paint. New chrome, nice trim. Console shows some wear, seats look “as new.” Said to have documented original miles. Cond: 1-. SOLD AT $90,200. A striking color and shiny paint on an original low-mileage Boss 302 means top dollar anywhere and anytime. B-J's Scottsdale sale was the best possible location for this car, so the high price paid wasn't unexpected. #1319.1-1970 CHEVROLET CHEVELLE SS 454 LS6 2-dr hard top. S/N 136370R220595. Green & black/green vinyl. Odo: 4,909 miles. 454-ci V8, 4-bbl, auto. Documented original-mile LS6 Chevelle with original bill of sale and window sticker. Looks to have had one repaint, but all chrome and door panel. Cond: 2. SOLD AT $51,700. This Camaro had great colors and many new parts, but the interior was a bit weak. The hard work was already done, and there were just enough details left to keep the new owner busy. A lesser car with good documentation and its original engine brought $72,600 at B-J's West Palm Beach sale in April '09 (SCM# 120176), so I'd call this a good buy. NCRS awards, complete documents. Just had painstaking $80k three-year frame-off restoration by Corvette Specialties in Oregon. Cond: 1. SOLD AT $137,500. A well-known Northwest car, originally bought by car dealer Ron Tonkin for his late wife. Highly optioned, always maintained, and restored once in 1988 and again just recently. Hard to fault, and even fitted with $500 N.O.S. seatbelts a week before the sale. Sold slightly under high book, but still well bought. #686-1968 CHEVROLET CAMARO RS/ SS 396 coupe. S/N 124378N440580. Butternut 66 Sports Car Market #941.2-1969 PLYMOUTH 'CUDA 440 fastback. S/N BH29M9B277863. Orange & black/black vinyl. Odo: 71,083 miles. 440-ci V8, 4-bbl, auto. Very good chrome and paint, some scratches in rear glass. Engine compartment looks factory throughout, interior clean and well fitted. Number 18 of 70 built, matchingnumbers engine and transmission. Fender tag and build sheet included. Cond: 1-. SOLD AT trim look original. N.O.S. Uniroyal tires. Slight variable gap on right door could well have been from the factory. Minor key scratching on side of steering column. Cond: 1-. SOLD AT $99,000. Less than 5,000 original miles on a 1970 LS6 454 Chevelle says it all here. A fair sale all around on an exceptional example of GM's halo muscle car. #1283.1-1970 FORD MUSTANG Boss 429 fastback. S/N 0F02Z124194. Green/ black vinyl. Odo: 36,220 miles. 429-ci V8, 4-bbl, 4-sp. One small windshield chip,

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Our Cars 1970 BMW 2800 CS coupe excellent paint, chrome, and trim. Comes with Marti Report, window sticker, and build sheet. Awarded Concours Trailered Gold by the Mustang Club of America. Cond: 2+. SOLD AT $275,000. The king of the hill in the 1970 Mustang field, and this car was always pretty special, with a huge option list. A top market price, but still bought and sold fairly. #406.1-1971 CHEVROLET CAMARO Owner: B. Mitchell Carlson, Senior Auction Analyst Purchase date: August 1997 Price: $8,000 Mileage since purchase: 20,000 km (12,400 mi) Recent work: Custom dual exhaust system. As a responsible auction reporter, I tend to sound the alarm about buying a gray-market European car when I come across one for sale. There are so many possible problems, including improper importation, inability to pass smog checks, and so on. So what did I go and do? I bought a gray-market BMW. Actually, it was more a case of wanting a specific car. Having been bought by the original owner from BMW's own Dealership Niederaustellung Berlin, right on the Kurfusterdam in West Berlin, it was privately imported into L.A. in 1974, then purchased by a St. Paul college professor in 1977. He sold it a local BMW Club chapter president in the late 1980s, from whom I bought it. While not perfect, this is one of the most rust-free E9s I've ever encountered. It's been waylaid for the last few years while I replaced the cylinder head. Yes, I know the flat-rate manual doesn't allow 3.7 years for that job, but sadistic German engineering also handicapped my heater core repair. I had it registered for the Iola Old Car Show in central Wisconsin last summer, since their special vehicle theme was Imports and Independents. Iola is usually the domain of domestic cars, so I figured it would be the only time I'd be appreciated. I also figured it would be the only 2800 CS out there, but a 3.0 CSi in matching Baikal Blue also appeared. While the coupe got me home, it wasn't trouble free. About 20 miles from home, the left rear wheel cylinder locked up and then puked its DOT 4 on I-94. Conservative driving, downshifting to slow down as much as possible, and taking the exit that's all back streets with no stop signs did get me home. Still, I've been meaning to do a 3.0 CS brake and rear suspension conversion— giving me fully vented rotors on all four corners—and I actually have all the parts for it. I also have a Getrag 5-speed from a 1981 528i to replace the 4-speed, so this will force my hand. I just hope it takes less than three years. But the BMW CCA National Meet is at Road America this year, so that should provide enough incentive. ♦ coupe. S/N 124871L502955. Orange & black/ black vinyl. Odo: 69,962 miles. 350-ci V8, 4-bbl, 4-sp. New chrome, trim misfit on rear glass. Deep scratches on driver's side glass, small stone chips in windshield. Well-detailed Several very small paint flaws, but otherwise is essentially still new, as most GNXs are. A few miles for fun, but then stored away for profit. #78 of 547 built. Cond: 1-. SOLD AT $75,900. Last seen at Mecum St. Charles in October '09, where it failed to sell at $75,000 (SCM# 143052). This was one of several Xs available at this sale, with this one selling mid-range between the others, as it should have. The low range was $68,200, while the top GNX sold here for an amazing $104,500. #85-1989 CHEVROLET CORVETTE ZR-1 coupe. S/N 1G1YZ21J4K580004. Black/tan cloth. Odo: 344. 350-ci 375-hp fuel-injected V8, 6-sp. ZR-1 prototype. One of 84 press cars, none of which were sold to the public. Paint chipped and scraped, bodywork cracked at tail. Mismatched C6 wheels on front, correct ones inside along with battery cover panel. ZR-1 badges missing. Seats fairly clean engine and new interior. Said to be a California car. Z/28 options fitted. Originally painted Rosewood Metallic. Cond: 2. SOLD AT $55,000. A real Z/28? Proof of California heritage? A nice car, but some questions persist. The need to study the paperwork is essential prior to raising your hand—especially in this market. Well sold. #736-1974 PONTIAC TRANS AM SD 455 coupe. S/N 2V87X4N121858. White & blue/ tan vinyl. Odo: 50,104 miles. 455-ci V8, 4-bbl, auto. Well-applied paint, nice rubber bumpers. Said to be all original and numbers matching with original SD 455 engine, carburetors, heads, intake, transmission, and differential. with little wear, but clearly a victim of lengthy warehouse neglect. Probably hasn't seen the sun in 20 years. Cond: 4. SOLD AT $55,000. Quite a find, as most of these were used up, destroyed, or went to Europe for the same fate. Sold out of the GM Heritage Collection with the usual warnings about not being licensable. Scruffy and dirty, but real history, and unlikely to sell for less in future. Not cheap, but I say well bought. #77-2006 CHEVROLET CORVETTE Z06 Daytona Pace Car #2 coupe. S/N 1G1YY25Y865100048. Red, orange, yellow, & blue/black & gray leather. 7.0-L 505-hp fuel-injected V8, 6-sp. As-new, number two of three Daytona 500 Pace cars in 2006. Fitted with racing harness, fire extinguisher, strobe connections in rear, and Corsa exhaust. GM Fitted with a/c. Some age and dirt to original interior. Cond: 2. SOLD AT $51,700. A clean car throughout. The 455 was only rated at 290 hp, and although that doesn't sound like huge horsepower, it was as good as it got in '74. The last of the real muscle cars, and one of just 943 built in 1974. Market priced. #980-1987 BUICK GNX coupe. S/N 1G4GJ1174HP445143. Black/gray cloth. Odo: 4,609 miles. 3.8-L turbocharged V6, auto. Heritage car with disclaimer stating no street use and no warranty. Outrageous paint scheme will make you glad you're inside. Cond: 1. SOLD AT $72,600. The Daytona 500 is a big deal to NASCAR fans and this was basically a new car, though expensive. Certainly a conversation piece and wasn't just a static display. I see sunny days in the buyer's future. Go win some local shows and enjoy it. ♦ 68 Sports Car Market

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RM Auctions Phoenix, AZ Automobiles of Arizona Bargains included a 1947 Chrysler New Yorker Highlander convertible sold for $35,750 and a 1941 Ford Super Deluxe convertible for just $44,000 Company RM Auctions Date January 21–22, 2010 Location Phoenix, Arizona Auctioneer Max Girardo Automotive lots sold / offered 150/168 Sales rate 89% Sales total $19,664,100 High sale 1963 Aston Martin DB4GT, sold at $1,001,000 Buyer's premium 10%, included in sold prices Max Girardo works the Biltmore ballroom on a 1936 Packard, unsold at $390k Report and photos by Carl Bomstead Market opinions in italics while the RM cars were safely stored in the Biltmore garage, the dark, stormy surroundings certainly did not allow them to be presented to their maximum advantage. RM added an extra evening to its normal schedule T and presented “The British are Coming!” which consisted of 55 cars of obvious origin. A standard-bodied lightweight Aston Martin DB4GT sold during that session, and at $1,001,000 it was the auction's high sale. Also offered were bookend 1958 Aston Martin DB Mk IIIs—one a drophead coupe, the other a fixed head. The former realized $330,000 while the later was hammered sold at $275,000. The added day was a definite success, as all but six cars offered found new homes. Two other cars were offered membership in the Million-Dollar Club, but the invitations were declined. A 1941 Chrysler Thunderbolt concept car by LeBaron was bid to $1,175,000, but the owner was looking for more. It was one of five built, of which four remain. Two years ago, RM sold one of the others, which was stated to be “the best of the bunch,” for $1,320,000, and he Phoenix area is often referred to as the Valley of the Sun, but that was very much a misnomer the third week in January. The devastating effects of the wind and rain have been well chronicled, and I'm willing to bet the owner here was looking for something north of that. The welldocumented “Flip-Top” Shelby Cobra was bid to $1,450,000, but that offer was also refused. RM offered a number of other concept cars, including a 1996 Lincoln Sentinel styling buck that sold for $44,000 and an “as found” and rather tattered 1956 Chrysler Plainsman station wagon, which was a no-sale at $160,000. As a general statement, it appears the glitter attached to concepts has waned from its heyday a few years back. As at most every auction, there were “tomatoes and potatoes.” A couple of cars stand out as absolute bargains, including a very presentable 1947 Chrysler New Yorker Highlander convertible that sold for $35,750. A 1941 Ford Super Deluxe convertible that sold for $44,000—about half the high estimate— would also fit in that category. A striking 1934 Ford Brewster Town Car with its unique heartshaped grille sold for $74,250, which was about $100,000 less than the high estimate. In all, RM sold 150 cars for $19,664,100, which was a slight increase over 2009; however, the average sale was about $40,000 less than last year. Still, it would appear RM successfully attracted cars for which sellers had realistic price expectations in today's economic climate. And that always makes for happy buyers. ♦ $5m $10m $15m $20m $25m $30m $35m 0 Sales Totals 2010 2009 2008 2007 2006 70 Sports Car Market

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RM Auctions Phoenix, AZ ENGLISH #249-1933 ROLLS-ROYCE PHANTOM II Continental Three-Position drophead coupe. S/N 74PY. Black/tan fabric/tan. RHD. One of twelve three-position drophead coupes by Gurney Nutting. Stunning styling with massive hood. Older restoration has been well maintained and still shows well. Very nice Gray leather. Odo: 70,959 miles. One of 85 drophead coupes produced. Recent restoration to a high standard, and stated to be numbers matching. Modern 5-speed transmission installed, but original 4-speed with car. Excellent panel fit, good paint shows some minor blemishes, stunning leather interior. Borrani wires a factory option. Tools, books, and records with car. An impressive presentation. Cond: 1-. SOLD AT $330,000. This seller also offered a DB Mk III coupe in matching livery as lot 120, which realized $275,000. The drophead is rarer and more desirable, and I have no issue with the price paid. Together the pair would be stunning bookends. #134-1960 ASTON MARTIN DB4GT paint and brightwork, attractive tan leather with black piping. Complete with all books and records. Cond: 2+. SOLD AT $528,000. A striking Rolls-Royce Phantom II with history from new. Sold for strong but well-deserved money. Expensive, but worth every cent. Kudos to both buyer and seller. #118-1951 ALLARD K2 roadster. S/N 91K1985. Red/black leather. Odo: 69,576 miles. Built in England by Sidney Allard. A Ford V8 was standard, but this example was equipped with a Cadillac V8 enlarged to 419 ci. Passenger's door fit off a bit, minor paint touch-ups throughout. Chrome Borrani wires, supple leather interior. One of only 119 K2s Zagato Replica racer. S/N DB4384R. Polished aluminum/black fabric. RHD. Rebodied as a Zagato GT in the early '90s, with unique polished alloy panels. Numerous concours and vintage racing wins, nose wears some road rash. Acceptable panel fit. Momo wheel vinyl. Odo: 20,606 km. Designed to carry a race car and provide track side assistance in Europe. Used as technical support vehicles in the U.S, giving product demonstrations and training. One of only eight thought to have survived, with two in the U.S. Six-cylinder Perkins diesel replaced with larger engine. Restored to BMC Competitions Department transporters livery. Decent paint and bodywork. Had B. Mitchell Carlson all excited. Cond: 3. SOLD AT $55,000. Would get all kinds of attention at the next British Field Meet. Sold well below presale expectations of $115k to $145k, so if this is your thing, it was very well bought indeed. GERMAN #268-1958 PORSCHE 356A Speedster. and Spartan racing interior. Attracts all kinds of attention. Cond: 3+. SOLD AT $192,500. Sold at a fraction of the cost of a real DB4GT. A 2,300-pound car with 400 hp would certainly be a handful for all but the most skilled drivers. All things considered, this was well bought, and it will be welcome at most vintage events. TOP 10 No. 8 #129-1963 ASTON MARTIN DB4GT coupe. S/N DB4GT0175L. Red/black leather. Odo: 8,091 miles. The GT is a shorter, lightweight variation of the DB4. One of only six built, this was the last produced. Quality respray, mild wear on leather seats, rear screen and quarter windows done built. Cond: 2. SOLD AT $118,250. Last seen at Bonhams & Butterfields' Carmel sale in August '07, where it failed to sell at $85,000 (SCM# 46393). The Cadillac engine was a big plus. Sold mid-estimate, but I'll call it well bought, as K2s are infrequently offered and this was a well sorted example. A ticket to most every vintage racing event. #119-1958 ASTON MARTIN DB MK III drophead coupe. S/N AM30031402. Eng. # DBA1000. Elusive Blue/navy fabric/Dove in Plexiglas. Racing history not stated. Cond: 2-. SOLD AT $1,001,000. Last seen at RM's Phoenix sale in January '07, where it sold at $1,265,000 (SCM# 44086). This time it sold mid-estimate, and I'd say it was a decent buy at that. More complete racing history would have added at least a couple hundred thousand to final price, so it's worth doing some research. #133-1963 BMC TECHNICAL SUPPORT van. S/N 144972. Red, white, & blue/black 72 rear badge not gold plated. Stated to be very quick. Cond: 1-. SOLD AT $225,500. Speedsters are permanently in demand, even in this soft market for 356s, but here was a car that was painted the wrong color, had the wrong carbs, and had previous collision damage poorly repaired. You have to see beyond the bling of the repro hard top and repro Rudge wheels to look into the heart of this car—the body/chassis unit. Very well sold by about $75k. ITALIAN #203-1969 FIAT JOLLY beach car. S/N 110F2133317. Sand/brown & tan canvas/ wicker. Odo: 1 mile. Recent restoration by Ghia to a high standard, documented as factory correct by Registro Storico Fiat. Quality paint and brightwork, striped seat covers over wicker front seats. Cute as a litter of Golden Retriever puppies. Cond: 1-. SOLD AT $55,000. One of Sports Car Market S/N 84791. Bali Blue/blue fabric/navy blue leather. Odo: 60,839 miles. Extensive restoration to highest standard. Numbers matching, Kardex certification. Fitted with matching hard top and Rudge-style wheels. Color not original to car. Hood fit off a bit at leading edge,

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RM Auctions Phoenix, AZ Glovebox Notes 2012 Lexus LFA Supercar A brief look at cars of interest that have passed through the SCM stable. 2. SOLD AT $325,000. A wonderful car for early tours. Early significant cars still bring strong money, although I'd bet this would have brought another $100k or so prior to the current economic troubles. I doubt you'll get passed by any other car from the era. Price: $375,000–$390,000 Work on the Lexus LFA started ten years ago with one mission: to be the best supercar ever. Did they succeed? I'd say yes. The LFA is Lexus's halo car, and it's even named as such—“L” for Lexus, “F” for Fuji, (home to Toyota) and “A” for Apex. Critics complained about the long lead time and styling of the LFA (and Nissan's GT-R is $300k cheaper), but one must see and drive the LFA to appreciate it. This is Toyota's 202-mph McLaren F1. Technically it's impressive, with everything from lightweight Torx-headed wheel bolts to four types of carbon fiber in the body tub and a computer-controlled titanium muffler. The 4.8-liter, 552-hp, 9,500-rpm redline V10 was designed with input from Toyota's F1 program and Yamaha. It's a 72-degree vee with a five-plane crankshaft and—impressively—it's smaller than the firm's 2.5-liter V6. It sits so low in the chassis that the tops of the cam covers are the same height as the top of the front tires, has a 48/52 weight distribution, and weighs 3,200 lb. Its center of gravity is less than 18 inches from the pavement, literally at the occupants' hip level when seated, and the aluminum sub-frame for the rear suspension weighs just 13 pounds. A few Homestead Speedway hot laps in the only LFA prototype in the U.S. (chasing Scott Pruett) showed just how well it all works. The LFA accelerates like its hair is on fire, has hand-of-God brakes, feels glued to the pavement, and makes intoxicating noises. Think F1 racer with a license plate. Lexus will only produce 500 bespoke cars as 2012 models, and the factory—not dealers—will decide who gets one. List price will be in the $375k–$390k range, and just 160 will be coming to the U.S., with a 24-month lease-to-own arrangement your only option. Roughly two-thirds will be payable up front, with one payment at the end, after which the car is yours. If you get selected and don't want yours, call me. Check out www.lexus-lfa.com for more.— Colin Comer ♦ these shows up at almost every major auction, but they are not usually finished to this standard. Fully priced, but not silly money. Call this one fair all the way around. Just the ticket for running out for more tonic and limes. #228-1971 FERRARI 365 GTB/4 Daytona coupe. S/N 14581. Rosso Rubino/black leather. Odo: 2,888 miles. Full restoration about four years ago, recent engine rebuild. Stated to be matching numbers. Well maintained, with only minor paint issues due to use. Attractive tan and Pilot Rays and cowl lights, dual taillights. Massive 154-inch wheelbase. The recipient of numerous awards over the years. Cond: 2. SOLD AT $506,000. A realistic price for an attractive but closed J Duesenberg. The boxy Arlington design does not appeal to all, but I'd call this deal fair all around. black leather interior with slight wear to bolster. Engine compartment clean and tidy. Cond: 2. SOLD AT $264,000. A strong Daytona that sold for strong but correct money. A blue-chip investment in the car world. This is something you can maintain and drive without losing a nickel—it's a lot more fun than a stack of stock certificates. A solid transaction all around. AMERICAN #263-1917 PIERCE-ARROW MODEL 66-A4 7-Passenger touring. S/N 67219. Twotone gray/black fabric/black leather. RHD. Odo: 2,862 miles. Large, powerful engine with patented signature “Bug-Eye” headlights. Well maintained by noted Pierce-Arrow experts. Minor fit and finish issues, fitted with wood artillery wheels and optional Johnson rims. One of the best cars available in the era. Cond: sidepipes, and chrome wheel covers. Older respray is still presentable. A handsome Duesenberg. Cond: 2. SOLD AT $550,000. Not quite a “bitsa,” but darn close. If it had been fitted with an authentic body and engine, the price would have been at least twice what was paid here. This buyer got the look at half price, but he'll have lots of explaining to do at every outing. #248-1933 AUBURN TWELVE convert- ible sedan. S/N 2148H. Gray & maroon/black canvas/gray leather. Odo: 475 miles. From the Richard and Linda Kughn Collection. Restored 74 Sports Car Market #297-1932 DUESENBERG MODEL J tourster. S/N 2534. Eng. # J356. Light green/ tan canvas/green leather. Odo: 61,239 miles. Replica Derham Tourster body thought to have been made by Ted Billings. Assembled from components from numerous Duesenbergs. Over the years owned by numerous wellknown collectors. Equipped with Pilot Rays, #264-1930 DUESENBERG MODEL J Arlington 5-Passenger club sedan. S/N 2261. Eng. # J232. Cream & tan/beige canvas /tan cloth. Odo: 15,243 miles. The only Model J Arlington Club Sedan built by Derham. Certified by the ACD Club, restored in the early '60s with recent cosmetic work. Dual

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RM Auctions Phoenix, AZ in early 2000, driven 300 miles since it was acquired. Attractive color combination, but a number of painted trim details are not correct. Very nice interior with correct gauges, Columbia rear end, Pilot Ray lights not connected. Excellent panel fit. Certified by the ACD Club. Cond: 2. SOLD AT $156,750. Last seen at RM's Detroit auction in September '03, where it sold for $214,500 (SCM# 36396), and at that time SCM stated the price was all the money and then some. It sold for a more realistic number here, but boy, were those 300 miles expensive... at $190 each, I sure hope they were enjoyable. #222-1934 BREWSTER FORD town car. S/N 18871195. Brewster Green/black vinyl/gray leather & fab- ric. Odo: 79 miles. One of 83 town cars built built by Brewster, and stated to be the prototype. Recent restoration to high standard. Cain veneer on rear panels, engine highly detailed, used a flowing fender line and wire wheels. Cond: 2+. SOLD AT $209,000. Lincoln Model Ks represent an excellent value and sell for far less than comparable V12 Packards. The bold choice of livery here most likely held things back a bit, but the buyer now owns an excellent Lincoln at a fair price. #275-1935 AUBURN 851SC cabriolet. excellent paint and brightwork. Distinctive Brewster heart-shaped grille. The only Ford recognized by CCCA as Full Classic. Cond: 1-. SOLD AT $77,000. A screaming deal at well below the $125k–$175k pre-sale estimates. Welcome at CCCA events, as well as most others, and it will always draw a crowd. Could have easily sold for another $50k without question. Very well bought. #289-1934 PACKARD SUPER EIGHT Dual-Cowl Sport phaeton. S/N 76129. Dark S/N 33891M. Maroon/tan fabric/tan leather. Odo: 19,947 miles. A well-restored example showing unmarked paint and chrome, but with Phillips head screws used on window trim. Excellent tan leather interior with correct dash. Equipped with Trippe Speedlights. Cond: 2. SOLD AT $137,500. The 851 was a “new” gray & black/black Haartz cloth/gray leather. Odo: 45,287 miles. Frame-off restoration in the late '80s, well maintained since with periodic cosmetic updates. Woodlite headlights and cowl lights, Lalique hood ornament. Stated to be an authentic dual cowl. Paint and brightwork show minor signs of age and use. One of the most desirable of all Packard body styles. Cond: 2-. SOLD AT $192,500. The 1934 Dual Cowl was not mentioned in Packard literature. It's thought that only five were built, and of them, three remain today. The question that hovers over this one is how it was born. If it can be documented as one of the five, then it was very well bought. If not, I'd say it was well sold. #259-1935 LINCOLN MODEL K con- vertible coupe. S/N K3872. Yellow/tan fabric/ tan leather. Odo: 60,213 miles. Striking Brunndesigned Lincoln K convertible coupe. Bold color does not appeal to all and may not be an original presentation. Older restoration has been well maintained. The last year Lincoln quiet and smooth V12 engine. A wonderful tour car. Cond: 2. SOLD AT $123,750. Cadillac V12s represent an excellent value. They're a treat to drive on a CCCA CARavan with your companion in the lap of luxury in the rear passenger compartment. Well bought, but the market for these cars is shrinking. #216-1936 FORD CUSTOM roadster. S/N 181671177. Maroon metallic/white vinyl/ white & maroon leather. Built by Donn Lowe, featured in the February '08 issue of Street Rodder magazine. Fitted with '39 LaSalle grille and LED taillights. 286-ci Flathead fitted charger at less than $150,000 is a bargain, but even so, this was a market-correct transaction. #290-1935 CADILLAC V12 370-D town cabriolet. S/N 41871. Black/landau leather/ black leather & fabric. Odo: 73,654 miles. Coachwork by Fleetwood. Thought to be one of five built and one of two left on the road. Older restoration has been well maintained, won several awards in 2004 and 2005. Very nice paint and brightwork, luxurious interior, with Navarro heads and all the goodies. Holley 4-bbl, Weiand supercharger. Well maintained excellent paint and brightwork. Built to reflect the styling of early hot rods. Cond: 1-. SOLD AT $132,000. A strong car that sold for correct money. Most customs have some detractors, but this one represented period iconic styling that appeals to most all. Well bought and sold. #262-1936 PACKARD SUPER EIGHT Gordon Buehrig design for Auburn. The SC was fitted with Schwitzer-Cummins supercharger and 2-speed Columbia rear end. With the exception of the boattail, Auburns have never received their due. Inexpensive when new, they have carried that tag ever since. A well-styled rumble-seat cabriolet with a super- 76 1404 Dual Cowl phaeton. S/N 941202. Eng. # 757345. Dark green/light green fabric/green leather. Odo: 4,615 miles. One of just two original-bodied examples thought to exist. Numerous Best in Class awards, including Pebble Beach, Meadow Brook, and Amelia Island. Also driven on several tours. Restored in the late '80s, maintained by Fran Roxas since. Cond: 1-. NOT SOLD AT $390,000. Sports Car Market

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RM Auctions Phoenix, AZ Cond: 1-. NOT SOLD AT $1,175,000. RM has twice sold Thunderbolt 7807976, most recently for $1,320,000 (SCM# 49585). It was stated to be the “best of the bunch” so another couple hundred thousand here may not have been unreasonable. One the other side of the coin, that was then and this is now, and where will the seller get more than was offered here? #209-1947 CHRYSLER NEW YORKER Highlander convertible. S/N 7058997. Black/black fabric/ This well-known, highly-documented Packard should have brought a number closer to $500k. I suspect the owner had seller's remorse, but I can't fault him for hanging on at this bid. #278-1940 LINCOLN CONTINENTIAL cabriolet. S/N H103330. Black/black fabric/ red leather. Odo: 35,216 miles. Single-family ownership for 30 years, quality older restoration. Wonderful red leather interior, plating dull and pitted, top worn. Taillight housings badly pitted, window trim scratched. Cond: 2-. SOLD AT $74,250. 1940 was the first year for the “handbuilt” Continental, and only 350 cabriolets were manufactured that year. The red & blue plaid. Odo: 782 miles. Older restoration showing signs of age and use. Minor paint scratches and touch-ups, attractive Highlander interior. Engine bay clean and tidy. Loaded with options, fitted with Fluid Drive Herrington conversion surviving. Fresh restoration shows very well, with excellent wood and brightwork and only minor blemishes in paint. Comes with tool kit, books, and records. Several Best of Show awards. Cond: 2. SOLD AT $176,000. The four-wheel-drive conversion caused these woodies to sit up several inches higher than normal, which looks a bit odd. At RM's Nick Alexander auction in Monterey last August, a '46 Ford Marmon-Herrington sold for $247,500 (SCM# 141195). That car had a better restoration, but the Mercury is rarer. Well bought if “the only one” is your thing. #217-1949 FORD CUSTOM woodie semi-automatic transmission. Cond: 3+. SOLD AT $35,750. This fell through the cracks and sold for a song compared to its $50k–$75k estimate range. The seller had reportedly turned down $50k a few months back, and I'd agree that it should be worth at least that amount. There's a buy at most every auction, and this was the one here. Very well bought. V12 engine can be a problem if underrevved while driving, as the original oil pump isn't up to snuff. There was no note of mechanical modifications, so that was a big question here. If that problem had been taken care of, then this was a decent buy... if not, the new owner had better be prepared to write a lot more checks. #281-1941 CHRYSLER THUNDERBOLT Concept convertible. S/N 7807943. Eng. # C30-1323. Green & copper/copper/ green leather. Odo: 108 miles. One of five Thunderbolt concept cars built, each slightly different. Four remain. The first American car with a fully retractable hard top. Aluminum body with copper plated brass trim, prototype three-speed Fluid Drive transmission. Luciteedged illuminated gauges. Recent restoration to high standard, shown at Pebble Beach and Amelia Island. First sold to actor Bruce Cabot. #251-1948 CHRYSLER TOWN & COUNTRY sedan. S/N 71003275. Eng. # C38150448. Maroon & wood/red Highlander plaid. Odo: 95,465 miles. Recent restoration has been well maintained. Long list of options including roof rack, fog lights, and dual spots. Most wood original, some uneven panel gaps, wagon. S/N 98BA342864. Black & wood/tan leatherette. Odo: 76,543 miles. Wood restored by Nick Alexander's facility, paint and other bodywork lacking. Crease on edge of hood, paint deteriorating on front fenders. Numerous other scratches and dings noted. Cool rack on roof. Cond: 3. SOLD AT $52,250. Woodies for '49 were only offered as two doors with Custom trim. The first stop should be the paint shop, as a decent respray will add a ton to this. Bought for a touch under the money, but that will even out with the bodywork and paint. #245-1952 MERCURY MONTEREY Special Custom convertible. S/N trunk sits a bit high. Excellent brightwork. Cond: 2. SOLD AT $104,500. The difference in values between T&C sedans and convertibles has been growing smaller in recent years. The market is appreciating the style and elegance of these sedans, and they are now priced accordingly. As such, there should be no issue with price paid here. #260-1948 MERCURY MARMONHERRINGTON woodie wagon. S/N 899A2201568. Maroon & wood/tan leatherette. Odo: 190 miles. Possibly the only 1948 Mercury woodie four-wheel-drive Marmon- 78 Sports Car Market 52L31291MA. Pebble Tan/white canvas/cream & orange vinyl & nylon. Odo: 4,524 miles. Attractive early '50s convertible restored some years back. Paint dull and in need of wet sand and buff, brightwork shows a few buffer marks on window trim. Engine highly detailed, newly installed top fits properly. Odd interior colors, but showing only minor wear. Will turn some

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RM Auctions Phoenix, AZ heads at your local show. Cond: 3+. SOLD AT $49,500. Sold for realistic and market-correct money. In today's world, this is an entry-level collector car, and it can be used and enjoyed with no real financial exposure down the road. Fair all around. #254-1954 MERCURY XM-800 Concept coupe. S/N XM505555. White /bronze/white & bronze leather. 312-ci V8, 2-bbl, auto. Concept car based on a Mercury Monterey chassis. Rescued from a field in the mid-'70s. Fiberglass body, chrome-plated fiberglass brightwork. Recent restoration to good standard, side panels straight but door gaps wide at tattered. A unique one-off wagon, but needs everything. Cond: 4. NOT SOLD AT $160,000. The market for concept cars appears to be waning, and this one gets expensive when you factor in the cost of restoration. Holding out for more may be risky, as this was likely the best venue for such a car. #300-1956 PACKARD CARIBBEAN bottom. A historically significant automobile. Cond: 2+. SOLD AT $429,000. Last seen unrestored on eBay Motors in January '09, where it was reported sold at $315,500 (SCM# 119411). Compared to other concept car sales in the past few years, this was a bargain. The F-88 Oldsmobile comes to mind at over $3m (SCM# 36957), and the XM-800 has more history. I'd call this well bought. See the profile, p. 50. #242-1955 ASTRA coupe. S/N WA94173298. Blue/white vinyl. 303-ci V8, 4-bbl, auto. Full custom built by Jay Everett in the early '50s, and very futuristic for the era. 1952 Olds Rocket V8, Lincoln automatic transmission. Restored to original configuration in detailing. Trim dented, left lower molding not properly attached. Cond: 2. SOLD AT $79,750. In 1955, Packard featured new fresh styling with its OHV V8. This car needed to have someone fix the little nits that the seller neglected, and once they're done, it'll have a much better look. These always draw a crowd, and for the price paid, the new owner has a good car that will be a hit at the next Packard meet. 2005 and featured in a number of car publications. No real issues, but has homemade look to it. Cond: 2+. NOT SOLD AT $120,000. Seller was looking for a number closer to $200k, but that wasn't going to happen here. To my eye, there are any number of more interesting choices for that same money. If it doesn't sell at a major auction in Arizona, where else do you take it? #257-1956 CHRYSLER PLAINSMAN Concept wagon. S/N 9999760. Bronze metallic/brown & white/brown leather. Odo: 50,354 miles. 440-ci V8, 4-bbl, auto. Designed by Virgil Exner with Chrysler's “Forward Look.” Used in Cuba and Australia. Replacement engine. In as-found condition, with poor paint and chunks of filler missing. Interior worn and 80 #266-1957 FORD FAIRLANE 500 Skyliner retractable hard top. S/N D7RW204883. Willow Green & white/white/ green vinyl & fabric. Odo: 20,682 miles. 312-ci V8, 4-bbl, auto. Stored in a barn for over 40 years. Comprehensive restoration completed in 2006, numerous awards since. Excellent paint with minor swirls, very nice interior. Only offered for three years. The top takes up most of the trunk space, so pack lightly. Cond: 2+. SOLD AT $74,250. These always draw a crowd, as people marvel at '50s gimmickry. convertible. S/N 56991110. White, rose & gray pearl/white vinyl/tri-tone leather. Odo: 40,103 miles. 352-ci V8, 2x4-bbl, auto. Reversible seat cushion with leather on one side and cloth on the other. One of 270 built. Recent restoration, but no blanket underhood, along with incorrect paint feature missing, dash now split and interior worn. Windows delaminating, paint edgy. An interesting story. Cond: 3. SOLD AT $220,000. This was restored from parts from a number of different junkyards, so I have to question their origin. The price paid seems like a lot of money for a “Raindrop” that no longer functions, but compared to the 1958 owned and used by Harley Earl which sold at RM's Tarpon Springs sale in December '07 for $330,000 (SCM# 47748), it wasn't a bad deal overall. #241-1959 DESOTO ADVENTURER convertible. S/N M491100669. Black & gold/ black vinyl/gold vinyl & brocade. Odo: 46 miles. 383-ci V8, 2x4-bbl, auto. One of only 97 Adventurer convertibles produced. Fresh Concours restoration with recent AACA Senior First Award. Fitted with power steering, power brakes, power windows, power driver's seat, They go from hard top to convertible in 25 seconds, but they can be tough to repair when things go wrong. Price paid was in line for an example restored to this standard, and the first task will be to find someone who understands how the top works. The new owner will need them. #256-1958 CADILLAC ELDORADO Biarritz Raindrop Motorama convertible. S/N 58E013586. Blue metallic/white vinyl/blue leather. Odo: 8,310 miles. 365-ci V8, 3x2-bbl, auto. One of five Biarritz convertibles converted to “Raindrop” show cars, with a sensor on the rear deck to automatically raise the convertible top when it detected rain. Scrapped by GM, rescued in pieces from several different junkyards some years later and put back together. Raindrop swivel buckets, power top, and push-button TorqueFlite transmission. Correct bullet wheel covers. The last year for the true DeSoto, and about as good as it gets. Cond: 1. SOLD AT $225,500. A stunning presentation of a unique and desirable Adventurer. Expensive, but worth every penny. A year ago or so, I would have expected this to bring another $50k, so at this price, I'd call it well bought. Sports Car Market

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RM Auctions Phoenix, AZ #243-1959 CADILLAC ELDORADO Biarritz convertible. S/N 59E029563. Seminole Red/white vinyl/white leather. Odo: 209 miles. 390-ci V8, 3x2-bbl, auto. Top-ofthe-line model along with the Seville hard top, noted for the exaggerated fins. Only four options offered, all of which were installed here, including E-Z Eye glass, Autronic Eye, Grand National Senior. Cond: 1-. SOLD AT $57,750. I'd have to think that the combination of a quality restoration, a rare engine, and a/c would have pushed this price more mid-range of the $60k to $80k estimates. The cost of restoration must have exceeded the selling price, so chalk this one up for the buyer. I'm willing to bet the seller was expecting more. a/c, and cruise control. Pneumatic suspension exchanged for conventional springs, which is rather common. A strong example of a like-itor-leave-it '59 Biarritz. Cond: 1-. SOLD AT $220,000. Obviously two Cadillac fanatics had to have this and one would not give up until he owned it. Sold for over-the-top money, but this was one of the best examples I've seen in a while. If you want the best, you often have to dig deep. #304-1959 CHEVROLET CORVETTE convertible. S/N J9S108205. Frost Blue & white/white vinyl/turquoise vinyl. Odo: 39,876 miles. 283-ci 270-hp V8, 2x4-bbl, 4-sp. Offered with both tops, Positraction rear end, and Wonderbar radio. NCRS Top Flight and Bloomington Gold in early '90s, has been highly detailed. Cond: 1-. SOLD AT $145,750. A 300F Achieved 144 mph at Daytona's Flying Mile in 1960. Chrysler “Letter” convertibles continue to bring serious money, and the recent market troubles have resulted in little if any downturn on them. Well restored and maintained examples tend to bring this kind of money, so this one was spot on. well maintained since. Minor signs of time, but still very presentable. Cond: 2. SOLD AT $121,000. Strong money for a 283/270 that was well past its prime. I'd think the high estimate would be all the money, but obviously two bidders had to have it. Well sold. #211-1960 FORD THUNDERBIRD con- vertible. S/N 0Y73J130019. Monte Carlo Red/ white vinyl/red leather. Odo: 91,280 miles. 430-ci V8, 4-bbl, auto. One of 377 '60 T-Birds equipped with the 430-ci J-code “MEL” engine. Last year for “Square Bird” styling. Quality restoration with little to fault. Minor swirls in paint, excellent interior. Loaded with options including a/c and power driver's seat. AACA #265-1964 SHELBY COBRA 427 “Flip- Top” roadster. S/N CSX2196. Blue & white/ black fabric. Odo: 4,006. 427-ci V8, 4-bbl, 4-sp. Developed and raced by Ken Miles. The only 427 designed and built by Shelby, as all Pak. Minor issues with paint include touchups and a few scratches. Brightwork just OK. Listed in the Shelby Registry. Cond: 2-. SOLD AT $126,500. The Drag Pak adds about $20k to the value here. As such, the price paid was light by about that amount, so this one goes to the buyer—although not all favor the automatic. ♦ #250-1960 CHRYSLER 300F convert- ible. S/N 8403124419. Toreador Red/black fabric/tan leather. Odo: 680 miles. 413-ci V8, 2x4-bbl, auto. Cross ram induction, power swivel bucket seats, Astra-Dome instrument cluster. One of 248 300F convertibles built in 1960, and one of perhaps 80 still on the road. Older restoration with limited use since completion. Engine compartment clean but not Older restoration completed in the mid-'80s, now shows minor paint imperfections and brightwork buffer marks. Cond: 1-. SOLD AT $632,500. Featured in a number of publications, including American Muscle Cars. How much did 20 years in the Chandler Collection add to this car's value? The price paid was in line with the market, so it wasn't a whole lot. #252-1970 SHELBY GT500 convertible. S/N OFO3R482817. White & blue/white vinyl/white vinyl. Odo: 7,790 miles. 428-ci V8, 4-bbl, auto. The only triple white example known. Original Certicard, fitted with Drag others were done by Ford. Raced in GT class with Corvette Grand Sports, and its unique body configuration earned it the nickname “Flip-Top.” Has participated in numerous West Coast vintage races. Well maintained with extensive history. Cond: 2. NOT SOLD AT $1,450,000. If the price here is to be compared to a Grand Sport, then the final bid was on the light side. The seller's option is to wait for things in the market to turn around. How many vintage racers can drive a car this hairy without getting into serious trouble? #277-1967 SHELBY COBRA 427 road- ster. S/N CSX3281. Black/black leather. Odo: 377 miles. 427-ci V8, 4-bbl, 4-sp. Documented in the Shelby Registry. Part of the Otis Chandler collection for 20 years. Features several S/C upgrades, including roll bar and 42-gallon tank. Fitted with chrome pipes and quick jacks. 82 Sports Car Market

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Gooding & Company Scottsdale, AZ The Scottsdale Auction For the third year in a row, Gooding sold seven cars for $1m or more and also claimed the week's high sale, this time with a $3.74m Jaguar D-type Company Gooding & Company Date January 22–23, 2010 Location Scottsdale, Arizona Auctioneer Charlie Ross Automotive lots sold / offered 115/125 Sales rate 92% Sales total $33,990,250 High sale 1956 Jaguar D-type sports racer, sold at $3,740,000 Buyer's premium 1956 D-type, $3.74m high sale of the Arizona weekend Report and photos by Donald Osborne Market opinions in italics from 101 in 2009, with 115 sold against 84 last year, and a 92% sale rate, up from 83%. For the third year in a row, the number of cars sold F for the benchmark $1m or more was the same, at seven. It was only in the dollar value of the high sale that 2010 dipped from last year. The $3.74m paid for the exKen Miles 1956 Jaguar D-type was shy of the $4.95m brought by the Ferrari SWB California Spyder in 2009. But the Jag was high sale for all the Arizona auctions, once again earning Gooding the crown. The sale featured what seemed to be more no-reserve lots than in the past, but they represented a rhythm in spacing, so that no period of no-sales could sap the room's energy. In fact, the first no-sale came at lot 41, a '31 Cadillac V16 Sport phaeton with a lovely older restoration in dull colors. Stopping on the block at $400k, it later changed hands for $410k with commission. Among star lots, the D-type bid quickly to $2m on its way to selling at the market-right $3.74m. The equally evocative ex-Briggs Cunningham Lister Costin Jaguar sold just under expectations at $1.1m. A car that drew lots of attention as the Saturday cover car was the 1959 Ferrari 250 GT Series I Pininfarina cabriolet. The bidding range was short—auctioneer Ross opened at $1m, slowly bringing the bidders along to $1.5m, at which 84 or their third sale in Arizona, Gooding & Company improved or equaled their measures, save one. Gooding added another day of selling, and in those two days they offered 125 cars, up point the phones came in and pushed it up to the hammer of $1.95m to a bidder in the room who paid $2,145,000 all-in. The first publicly sold cars from the late Houston attorney John O'Quinn's collection counted for just under $8.3m of the total realized. All 25 cars sold, mostly at 85%–90% of their recent purchase price—better than other investments in the same period. Notable lots included a stylish prototype Frua-bodied Maserati Mexico Speciale, seen at auction several times and a bit rough around the edges. It soared to an amazing $187k. Another Italian rarity was the OM Tipo 665 tourer. This older, driver-level example was a very good deal at $85,250 and a nice alternative to a Lancia Lambda or Bentley 3 Liter. The dramatic 1,000-hp, 27-liter, Merlin V12-engined 1931 RollsRoyce Phantom II sold at $451,000 and seemed the perfect antidote to poseurs in Bugatti Veyrons. The appeal of preservation manifested itself in the strong $660,000 paid for a long-parked '55 Mercedes-Benz 300SL Gullwing, which hopefully can be carefully recommissioned without losing its impressive originality. Among unsold lots, the 1962 Shelby 260 Cobra—the first Cobra to win a race—ran out of interest at $1.6m, a figure some felt could have seen it go. And the auction also manifested a weakness in the area of '40s and '50s Americana. Failing to sell were good examples of the '53 Buick Skylark, Cadillac Eldorado, and Oldsmobile Fiesta convertibles, as well as a rare '47 Ford Super Deluxe Sportsman. With the number of lots on hand, a two- day sale was a wise choice. More than 50 or 60 cars in a single session tests the endurance and attention span of audiences. That, together with consignors serious about selling, meant satisfaction for everyone involved. ♦ Sales Totals $5m $10m $15m $20m $25m $30m $35m 0 Sports Car Market 2010 2009 2008 10%, included in sold prices

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Gooding & Company Scottsdale, AZ ENGLISH #39-1927 BENTLEY 6½ LITER Sport coupe. S/N TW2713. Eng. # TW2716. Black/ green leather. RHD. Odo: 60,575 miles. Coachwork by Surbiton. Excellent panel fit, excellent paint and fabric on body. Chrome good, but overplating on radiator badge obscures detail. Wear on steering wheel boss is the only flaw in an otherwise very good interior. Cond: 2+. SOLD AT $726,000. An original #165-1939 ORLEBAR SCHNEIDER LE MANS Special racer. S/N 0F11005. Eng. # 100E6520B. Red/black leather. RHD. Odo: 277 miles. Very good panel fit, good paint shows light polish scratches. Nice interior with Jaguar main gauges and beautifully trimmed seats. 1172 Ford engine with Elva head and twin SU carbs. Cond: 2. SOLD AT $72,600. Alloybodied English Ford-powered special. Begun body on spectacular and dramatic big Bentley coupe. Not handsome, but has great presence. Sold at RM Monterey in August '06 for $781k (SCM# 42743). Rated then as condition #2, it's had some tidying but unfortunately gone only 17 miles since. Bentleys should be driven, and hopefully this one will be now. Well bought. #18-1931 ROLLS-ROYCE PHANTOM II Merlin drophead coupe. S/N 64GX. Brewster Green/black canvas/black leather. RHD. Odo: 2,650 miles. Coachwork by Wilkinson in the style of Gurney-Nutting. Excellent panel fit, very good paint shows only minute flaws. Spotless bright trim, superb interior has been nicely broken in and features an excellent dashboard filled with switches and gauges for the monstrous 27-liter Merlin V12. Cond: 2+. SOLD AT $451,000. Exquisitely done Merlin pre-war by an RAF officer, finished in the late '40s by Sidney Allard's brother. Run in competition in the U.K., sold to U.S. in the late '70s. Offered at Mecum's Elkhart Lake sale in July '99, where it was a no-sale at $19,500 (SCM# 20680). Considerably sorted, massaged, and freshened since. Absolutely wonderful. I'd call this well bought for rally and vintage race fun. #3-1954 ARNOLT-MG drophead coupe. S/N 26332. Eng. # 26658. Red/beige canvas/ beige leather. Odo: 28 miles. Good panel fit, unmarked chrome, very good paint shows light polish scratches. Well-done interior shows some soiling on front carpets, as well as scratches on dash top and seat adjusters. Fitted with original Motorola radio. A well-done older restoration on a mini GT tourer. Cond: 2-. in right sill. Cockpit very clean, underhood likewise. Cond: 2. SOLD AT $1,100,000. ExBriggs Cunningham. Beautiful in a purposeful way; characterful and important. All the right collectibility buttons were duly pushed. Well presented and well bought. See the profile, p. 52. aero engine-powered Phantom II. With over 1,000 hp, it makes a Bugatti Veyron seem effete. Shown at Pebble Beach Concours. The donor car, a Phantom II sedan, was sold at Christie's Beaulieu in July 1969 for $13,956 (SCM# 7326). Later, the aero car was sold by RM in Monterey in August ‘99 for $605k (SCM# 22226), then was offered again by RM in Tarpon Springs, FL, for $412,500 in December '07 (SCM# 47743). Has basically retained its value since, as well it might. Well bought and sold. See the profile, p. 42. 86 SOLD AT $143,000. A bespoke MG TC—a terrier in an Italian suit—and one of 36 drophead models built. Unless fitted with a supercharger, these cars are far more show than go. Sold at RM's Ponder Collection sale in Marshall, TX, in April '07, where it made $88,000 (SCM# 44890). While a non-supercharged TC is pretty slow, this one proved to have handily outperformed other investment instruments in the past three years. Well sold. TOP 10 No. 1 #16-1956 JAGUAR D-TYPE sports racer. S/N XKD528. Eng. # E20359. White & blue/blue leather. RHD. Odo: 16,165 miles. Very good panel fit, superb paint. Interior shows little wear and features proper matte crackle paint on dash. Engine compartment restored to show condition and looks excellent throughout. Ex-Ken Miles and Bobby Unser. Sports Car Market #30-1961 ROLLS-ROYCE SILVER CLOUD II drophead coupe. S/N LSWC596. Black/tan canvas/tan leather. Odo: 59,985 miles. Coachwork by H.J. Mulliner. Good panel fit, paint shows some stress cracks, a few touched-in chips, and light polish scratches. Generally good chrome, except for polish scratches and an area of fading on radiator shell. Redyed seats still supple, wood excellent with a few minor blemishes. HMV radio. Cond: Cond: 1-. SOLD AT $3,740,000. This D-type featured a well documented history and had been owned, and used, by some of the most important U.S. collectors and racers. Restored to a very high but not excessive level by a marque specialist, which shows quite well. Previously seen at RM's Monterey sale in August '02, where it sold for $924,000 (SCM# 28801). Even accounting for the cost of the current restoration, a four-fold increase in value in eight years isn't bad. And the car's been driven 3,600 miles in that time. Wonderful. TOP 10 No. 6 #23-1959 LISTER COSTIN JAGUAR sports racer. S/N BHL123. Eng. # LC12998. White & blue/black vinyl. RHD. Good panel fit, as per build. Good paint shows polish scratches and a small dent

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Gooding & Company Scottsdale, AZ 3+. SOLD AT $319,000. Ex-David Walters. U.S.-delivery Cloud II drophead, one of 75 LHD cars. A color change from Pearl White, as the car was when offered at Kruse Auburn in September '98, where it was a no-sale at $110k (SCM# 11850). Black no doubt suits it much better. Seems well cared for, but given the condition, the price was high. Well sold. #44-1984 ROLLS-ROYCE CAMARGUE coupe. S/N SCAYJ42A0ECX07948. Rose Metallic & beige/Magnolia leather. Odo: 35,175 miles. Excellent panel fit, very good paint and chrome. Interior remarkably clean for such a light color and only let down by clumsily repainted guide lines on control knobs. Pioneer multi-disc CD/cassette player fitted. Cond: 2-. SOLD AT $35,200. One of just 530 of the tragically unloved and Interior practically unused. A brand-new DB AR1. Cond: 1. SOLD AT $170,500. A followup to the DB7 Zagato for the U.S. market. Based on the MSRP of $225,000, it's held value well. As an example of what to do with a $225k investment over seven years, it's better than Bear Stearns, and more fun to boot. Well sold. FRENCH #31-1931 BUGATTI TYPE 49 cabriolet. S/N 49427. Eng. # L327. Burgundy/burgundy canvas/burgundy leather. RHD. Odo: 28,279 km. Coachwork by Beutler. Excellent panel fit, smooth paint shows light polish scratches. Very good alloy and chrome trim, excellent interior. Cond: 1-. SOLD AT $264,000. A Swiss-bodied unrespected top-of-the-line Rolls-Royce coupes of the '70s and '80s. They have yet to find their champions, either among RollsRoyce or Italian design enthusiasts. Superbly restored and presented, and a screaming deal at the price paid. #114-1989 ASTON MARTIN LAGONDA Series IV 4-dr sedan. S/N SCFDL01S4KTL13614. Black/Parchment leather. Very good panel fit, with immense gaps as per factory. Good paint shows evidence of a disagreement with a garage door on left front ender. Heavily creased and soiled driver's seat, f slightly wavy dash Type 49 that was elegant, conservative, and very well done by an SCMer. Seen at several major shows and still quite fresh. The styling would not be to everyone's taste, but I find it both subtle and attractive. A bargain at under the low estimate of $275k. Very well bought. #122-1938 BUGATTI TYPE 57C cabrio- top, excellent wood trim. Fitted with Sony CD changer/cassette stereo. Cond: 3-. SOLD AT $56,100. The later version of the Aston flying wedge, with a working dashboard and fixed headlights. Very evil-looking in black, this would be the perfect transport for The Green Hornet. Nicer than most, but very well sold at the price paid. #138-2003 ASTON MARTIN DB AR1 roadster. S/N SCFAE62353K800089. Gray metallic/red leather. Odo: 254 miles. Very good panel fit, excellent paint, unmarked wheels. 88 let. S/N 57584. Eng. # C15. Dark blue/brown leather. RHD. Odo: 27 km. Somewhat variable panel fit, good paint shows some prep flaws. Excellent bright trim and interior. Born as a T57 Stelvio cabriolet, chassis 57577. Cond: 3+. SOLD AT $429,000. Well-done re-creation of the one-off Corsica-bodied T57S now owned by John Mozart. Shortened original chassis. wheel center emblem. Fitted with Becker Nurburg radio. Cond: 2. SOLD AT $242,000. Not the ultimate spec SC, but the sleeker roadster model rather than the more formal cabriolet. The over-20-year-old restoration had held up quite well, and for once, the estimates of $175k to $225k seemed low—it sold where it should and was still well bought. #144-1955 MERCEDES-BENZ 300SL Gullwing coupe. S/N 1980405500664. Eng. # 1989805500716. Ivory/red vinyl. Odo: 32,087 miles. Excellent panel fit, largely original paint could be polished to a shine and shows no dents or evidence of corrosion. Chrome generally good, with some pitting on headlight trim. Interior shows relatively little wear, with Sports Car Market good paint has light polish scratches, interior shows soiling as well as some wear on bright trim. Fitted with factory a/c. Cond: 2-. SOLD AT $176,000. The last of the big Facels. In my opinion, red is not the best color for this car, but it certainly had presence. Sold exactly on the market. GERMAN #35-1954 MERCEDES-BENZ 300S roadster. S/N 0023853. Eng. # 0024553. Red/ beige canvas/brown leather. Odo: 62,948 km. Excellent panel fit, hood gap a bit wide at front end. Superb paint, very good chrome, interior has nicely broken-in seats and excellent wood trim. Some loss of finish visible on steering The Bugatti registry opines that this is 57577, rather than 57584, which is the number it wears, and there seems to be no disagreement. With a stock Stelvio selling in the $400k-$500k range, this seems to carry no penalty. It was lovely, but I'd rather have a real Stelvio. Well sold. #126-1963 FACEL VEGA FACEL II coupe. S/N HK2B100. Red/Parchment leather. Odo: 11,461 miles. 383-ci V8, 4-bbl, auto. Good panel fit, trunk lid is a bit high. Very

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Gooding & Company Scottsdale, AZ seats, some wear on dash top, and scratches on base plate of ignition switch. The 1959 New York Auto Show car. Cond: 2-. SOLD AT $2,145,000. Ex-Bob Grossman. Absolutely stunning covered headlight Series 1 PF cabriolet, a car I frankly find more attractive than the California Spider. Originally delivered in red with white leather, changed to current scheme by Bill Kontes in the late '80s. It's a veteran of nine Colorado Grand rallies, so it should be sorted. Priced right, and a bargain at that. some open seams on driver's seat, light pitting on bright trim, and barn soil on floor mats. Cond: 4+. SOLD AT $660,000. U.S.-delivery Gullwing that was in the original owner's hands until 2009 and was off the road for 20 years. Quite wonderful and a perfect preservation candidate. The estimates proved to be right on, with a solid mid-range result that was totally deserved. ITALIAN #125-1928 OM TIPO 665 Supercharged tourer. S/N 26641. Black/beige canvas/brown leather & vinyl. RHD. Odo: 78,999 km. Very good panel fit, left rear door out at rear edge. Painted body, hood, and fenders good, showing only a few prep flaws. Fabric body panels show some lumps and bubbling underneath, brightwork needs a polish. Interior clean, but seats are a mixture of leather and vinyl, with somewhat jarring modern carpeting. Cord- Cond: 4+. SOLD AT $1,540,000. Ex-Ralph Stein and David Tunick. Well used, slightly tired, but with a great look overall—just the way you want to see one. All of the 6C 1750 Gran Sports are blue chip collectibles, but the fifth-series cars, with their disappearing tops, are arguably the most desirable as road cars. Sold in the market range... even a bit reasonably. #130-1956 MASERATI A6G/54 Berlinetta coupe. S/N 2117. Eng. # 2117. Metallic green/ green leather. Odo: 60,152 km. Coachwork by Allemano. Excellent panel fit, superb paint shows a few small flaws. Chrome nice, slight loss of enamel on nose badge. Very good interior shows only light traces of use and some #113-1964 ALFA ROMEO GIULIA 1600 spider. S/N AR379814. Eng. # AR0011212842. Red/black canvas/black vinyl. Odo: 76,903 miles. Good door fit, trunk and hood gaps a bit wide and variable. Paint shows light polish scratches, chrome shows light pitting on headlight bezels, interior has slight wear on transmission tunnel carpet. Replaced correcttype engine. A prize winner at the Alfa Romeo Owners' Club National Concours and a Class Winner at the Meadow Brook Concours. Cond: 2-. SOLD AT $82,500. The shock of the day. wrapped steering wheel very soiled. Cond: 4-. SOLD AT $85,250. The OM marque had a 1-2-3 sweep of the first Mille Miglia in 1927. Consequently, they're well known in Italy, but a total mystery almost everywhere else. A great alternative to a vintage Alfa or Lancia and welcome in every event, especially the Mille Miglia Storico. Sold by Gooding at Pebble Beach in August '07 for $165,500, rated in 2- condition (SCM# 46534). It had seemingly not turned a wheel since and had deteriorated in storage. The price paid was right, but it was still a bargain for one already over here. TOP 10 No. 4 #141-1932 ALFA ROMEO 6C 1750 Gran Sport Series V spider. S/N 108143391. Eng. # 10814391. Dark red/brown leather. RHD. Odo: 20,786 km. Coachwork by Zagato. Very good panel fit, older paint faded and crazed in areas and shows chipping, flaking, and large areas of touch-up. Bright trim fair to good, with fading, pitting, and some nicks. Seats show a fake patina, faux patina on new tach face tacky. 90 Sports Car Market paint flaws on dashboard. Original Condor twoband “Elektronik” radio. Cond: 1-. SOLD AT $429,000. A spectacular example of Maserati's first production model. The A6G/54 is almost unknown in this Allemano “series” version, and it's a shame. The detailing was exquisite and the shape was well balanced. The midestimate price was fair to both parties—just not to me, because I couldn't afford it. My favorite car of the Arizona week. TOP 10 No. 2 #118-1959 FERRARI 250 GT Series I cabriolet. S/N 1181GT. Eng. # 1181GT. Black/black canvas/ red leather. Odo: 47,595 miles. Coachwork by Pinin Farina. Excellent panel fit and paint. Very good chrome, except for some fading and pitting on taillight, window, and windshield trim. Very good interior has nicely broken-in Very well restored a decade ago for a demanding collector, this still presented very well. It attracted a great many suitors during preview, who thought they'd sneak it out the back door. Wrong. Selling at no reserve, it smashed the top estimate handily. This over-the-top price is usually seen for Mille Miglia-eligible Giulietta Veloces, proving that quality and presentation continue to pay dividends. Very well sold by a happy SCMer. #105-1965 LAMBORGHINI 350 GT coupe. S/N 0262. Eng. # 0205. Silver/white leather. Odo: 20,562 km. Very good panel fit, although trunk is a bit high at forward edge. Otherwise very good paint shows some very small areas of microblistering and a three-inch shrinkage split on driver's door. Very good chrome, except for pitting on door handles under plating. Interior very good and shockingly clean for white. Cond: 2-. SOLD AT $269,500. The first production Lamborghini model, this example was formerly owned

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Gooding & Company Scottsdale, AZ by Victor Gauntlett, then chairman of Aston Martin. Very well restored, although some don't care for the interior color change from black to white. I thought it was very '60s and neat. Price was market-correct. Well bought and appropriately sold. TOP 10 No. 10 #160-1965 FERRARI 275 GTB coupe. S/N 07629. Eng. # 07629. Red/ black leather. Odo: 14,422 km. Very good panel fit, right door slightly out at rear edge. Excellent paint, very good chrome shows a bit of waviness under plating on left window frame. Interior is almost as-new. Fully restored in 1991. Cond: 1-. SOLD AT $737,000. A shortnose GTB, beautifully presented and prepared. Since the restoration almost 20 years ago, it had obviously been very well maintained. The result was a very strong price—at least 15% higher than could have been expected. Well sold, but a very good example. #10-1967 MASERATI MEXICO Speciale coupe. S/N AM112001. Burgundy metallic/tan leather. Odo: 83,414 km. Coachwork by Frua. Excellent panel fit, well-applied older paint shows cracking, settling, and microblistering. Chrome good to fair, with fading, light pitting, and some areas of loss. Badly glued hood scoop trim detracts. Good interior is broken in but not worn, although window switches are loose. Reported to have a replacement engine. Fitted with Sony CD player. Cond: 2-. SOLD AT $99,000. Giugiaro-designed hybrid, with Chrysler V8 power. One of 52. This car had great colors and an expensive, but not quite polished, restoration. It needed a little fettling to bring it up to its best, but it could not be restored for the price paid. Expensive, but a good buy nevertheless. #129-1968 FERRARI 206 GT Dino Alloy Cond: 4+. SOLD AT $187,000. The prototype Mexico, with a very 5000 GT-like Frua body. Formerly a part of the Alfredo Brenner Collection. Was sold at RM's Monterey sale in August '00 for $102k, rated as a 2 (SCM# 10094). Sold again by RM in Monterey from Brenner's Collection in August '03, this time at $77k, rated a 2- (SCM# 36146). Stored and neglected since, with only 25 km more on the clock, it had sunk to a 4+. The bidding shocked everyone as it made double its $75k low estimate. Quite well sold. #21-1967 FERRARI 330 Barchetta Replica roadster. S/N 6395. Red/black 92 Sports Car Market coupe. S/N 00160. Red/black vinyl. Odo: 80,842 miles. Good panel fit, some gaps a bit variable. Very good paint shows light polish scratches, chrome unmarked. Clean interior leather. Odo: 111,912 miles. Good panel fit, hood slightly off center. Very good paint and bright trim, Plexiglas windshield is cracked near mounting screws. Very good interior, with standard 330 instruments and nicely broken-in seats. Cond: 3+. SOLD AT $151,250. A wellmade 166 Barchetta re-creation using 330 GT components. The frame was shortened and most proportions were right, but it seemed slightly large. Last seen at RM Phoenix in January '05, where it sold at $115k (SCM# 37501). Sure to be a blast on the road, it's been an entrant in multiple vintage rallies. If they'll accept you, why not? A solid mid-estimate result. Well sold, but not badly bought either. #34-1967 GHIA 450 SS convertible. S/N BS4057. Silver/black canvas/red leather. Odo: 134 miles. 273-ci V8, 4-bbl, auto. Good panel fit, left door out at rear and bottom edge. Generally good paint shows some areas of orange peel and microblistering. Excellent seats look as-new, dash panel shows some scratches. shows minor wear on left bolster of driver's seat. Replacement wood rim wheel. Cond: 2-. SOLD AT $220,000. A nicely presented first-series Dino, with mileage believed to be original. Restored in 2008, and it still presented well. While there are many durability and power advantages to the later 2.4-liter Dino, the early alloy cars have a real following and command a premium. This was a strong price for a good car. SPANISH TOP 10 No. 5 #127-1936 HISPANO-SUIZA J12 Type 68 cabriolet. S/N 14018. Taupe & dark brown/beige leather/tan leather. RHD. Odo: 16,750 km. Coachwork by Saoutchik. Very good panel fit. Older paint presentable but shows stress cracking, checking, bubbling, and rubs. Good bright trim, interior somewhat worn and has soiled seats as well as some dryness in dashboard wood. Other wood trim shows well. Cond: 4. SOLD AT $1,540,000. Stated to be one of nine originalbodied open J12s extant. A tremendously charismatic car that's sleek, elegant, and sporty. Most agreed that once restored it would be a contender for high honors at Pebble Beach, but others just wanted to sort it and drive it as it was. Either way, it would be fantastic. Well bought and sold. AMERICAN #48-1909 PACKARD MODEL 18 runabout. S/N 9569. Green & yellow/ beige canvas/brown leather. RHD. Very good paint shows minor prep flaws. Brass trim very good, aside from some overplating that obscures details on headlights. Seats are redyed, but still supple. Excellent bulkhead and dashboard wood. Cond: 2. SOLD AT $104,500. Believed one of four extant. A stunning, sporty yet elegant early Packard, well

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Gooding & Company Scottsdale, AZ restored and appearing ready to run or show. Sold in May '08 at the Worldwide Group auction in Houston, TX, where it made $220,000 (SCM# 116846). Here it was offered at no reserve, and at half what it brought in Texas, I think it was one of the true bargains of the sale. Well bought. #110-1909 STANLEY MODEL R 20hp roadster. S/N 5003. Red, dark red, & black/red leather. RHD. Very good older paint heat soiled in front and shows various rubs, scratches, nicks, and some bubbling on hood. Very good brass trim. Cockpit clean and features fresh floorboards. Cond: 3-. SOLD AT $104,500. A Beach and Amelia Island. Offered at no reserve. Cond: 3+. SOLD AT $258,500. One-off, designed and built by Frank Kurtis for noted West Coast enthusiast Tommy Lee. Very cool, with Cord fenders. Was sold in August '07 at RM's Monterey sale, where it brought $440k (SCM# 46254). At the time, it was considered in SCM to be “worth every penny.” That goes double here. Very well bought. sporty Stanley roadster, well restorsed and then clearly used. Was once believed to be one of five, but now the number is one of eight. Sold at Bonhams Brookline in May '03 in number 2 condition for $133k (SCM# 31055). It's clearly been enjoyed since then, and it's retained a good portion of its value. It should be used more, then restored again. Well bought. TOP 10 No. 3 #9-1934 DUESENBERG MODEL J Disappearing Top convertible coupe. S/N 2490. Eng. # J461. Black/ black canvas/black leather. Odo: 60,409 miles. Coachwork by Murphy. Excellent panel fit, smooth chrome, paint shows only the tiniest interior shows two small stress cracks in steering wheel. Cond: 2-. SOLD AT $48,400. The single year of the Highlander as a stand-alone model. Long-term ownerships, with extensive documentation from new. High-level amateur restoration, very original and correct in feel, but not showy. Very well bought at well below the $75k low estimate—perhaps it was too subtle, or maybe the lack of CCCA status hurt. #154-1946 HUDSON SERIES 58 Carrier of flaws. Very good interior, except for some pitting in right wiper motor casting under paint. Superb wood trim. Cond: 1-. SOLD AT $1,815,000. The price differential between the non-disappearing top and this model continues to grow. An excellent restoration, fresh and very appealing in triple black. Well bought and sold. #52-1937 KURTIS SPECIAL Tommy Lee speedster. S/N CA498528. Dark blue/brown leather. Odo: 291 miles. Excellent panel fit, smooth chrome. Good paint shows some small areas of wear, subsurface sanding marks, and polish scratches. Excellent interior, except for overpainted horn button. Ford based, with 4-cylinder Offenhauser engine. Shown at Pebble 94 Six 3/4-Ton pickup. S/N 3850185. Black/ green canvas/blue vinyl. Odo: 4,226 miles. Door fit off, other panel gaps OK. Good paint shows some minor prep flaws, chrome shows well. Very good interior with original radio and well-finished dashboard. Cond: 3+. SOLD AT $44,000. A rarely seen Hudson commercial. #163-1940 CHRYSLER NEW YORKER Highlander convertible. S/N 6614233. Eng. # C263175. Ivory/burgundy canvas/Highland plaid cloth. Odo: 42,108 miles. Good panel fit, right door slightly out at rear edge, trunk slightly high on left side. Very good paint shows a few rubs at top of doors and small chips at edge of hood on fenders. Excellent chrome. Very good A very large truck, this one had been restored to a proper truck standard. This is the antithesis of the “belly button” collectible, and you'll never see yourself coming and going. Market price. #45-1948 CADILLAC SERIES 62 Custom cabriolet. S/N 48623707. Black & metallic purple/black & metallic purple leather. Odo: 29,743 miles. Coachwork by Saoutchik. Very good panel fit, except left door out at rear lower edge. Very shiny paint shows evidence of aging, with chips, some settling, and polish scratches. Extensive chrome trim very good, although some waviness is visible under plating in areas. Very good interior. Cond: 2-. SOLD AT $649,000. Flamboyant French-bodied '50s Cadillac, one of two created by Saoutchik. Not for the shy or faint of heart. Frankly, in order to make these lines work, the car would have to add four feet in length or lose two feet in height—it's a chunky monkey. It resonated with at least two people at the sale, and they bid it firmly into well-sold land. #142-1957 CHEVROLET CORVETTE convertible. S/N E57S104016. Arctic Blue/ beige vinyl. Odo: 38,960 miles. 283-ci 283-hp fuel-injected V8, 4-sp. Good panel fit, as per factory. Paint shows some small flaws. Nice chrome and trim, interior shows some soiling on seats, scratches on dash from key fob, clumsy paint touch-up, and splits on door armrest. Past Bloomington Gold, NCRS Duntov Mark of Excellence, and multiple Top Flight prizes. Cond: 3+. SOLD AT $103,400. Hot spec fuelie show car, now considerably mellowed. A no-sale back in September 1998 at Kruse Auburn (SCM# 13305) when it was painted rose and had a 3-speed transmission. 400 miles and four years later, it sold at Barrett-Jackson Scottsdale in January 2003 for $99,360, rated cond. 1- (SCM# 20053). 100 miles and seven years later, it's flat in value. Market priced. #159-1957 CADILLAC ELDORADO Brougham 4-dr sedan. S/N 5770096914. Red/stainless steel/red brocade & white leather. Sports Car Market

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Gooding & Company Scottsdale, AZ Odo: 28,267 miles. 365-ci V8, 2x4-bbl, auto. Very good panel fit, door gaps a bit uneven. Well applied paint shows small star cracks, touched-in chips, and some polish scratches. Extensive chrome generally good. Clean interior looks largely original, showing some wear on dash, carpet edges, and seat bolsters. Cond: 3+. SOLD AT $115,500. Ex-David Walters. Super stylish top-of-the-line Cadillac, with a high-level older refurbishment that had now aged a bit. A very well presented car, but not finished in the best color. Seen at RM Hershey in October '07, where it sold for $110k and was rated a 2- (SCM# 47371). It's held its value since, and this sale was market right. #111-1958 DUAL-GHIA convertible. S/N 192. Eng. # D633I06704. Red/black canvas/ red & ivory leather. Odo: 406 miles. 383-ci V8, 4-bbl, auto. Excellent panel fit, very good paint shows only light polish scratches. Chrome shows minute defects, interior has soiling on seat cushion and two stress cracks on steering wheel rim. Fitted with Town and Country radio. Cond: 2. NOT SOLD AT $220,000. An expensively restored Dual-Ghia in arrest-me red. The debate rages over whether these lowproduction hybrids are worthy of coveting, but I think it's a no-brainer. They're not as sophisticated as a Facel Vega, which has a Euro-tuned chassis to go along with the Euro looks. The estimate range of $300k to $400k seemed a bit optimistic, while the high bid was a bit light. #47-1962 SHELBY COBRA 260 Competition roadster. S/N CSX2026. Red/ black leather. 260-ci V8, 4x2-bbl, 4-sp. Excellent panel fit, paint, chrome and bright driver's seat cushion. Thunderbird sequential taillights fitted at factory. Cond: 2-. SOLD AT $418,000. The prototype supercharged Shelby GT, co-star with James Caan in the film “Red Line 7,000.” Very well preserved and presented. Sold at RM's Amelia Island sale in March '07, where it brought $528k (SCM# 44649). Assuming a net to the seller of $342k, he took a $186k haircut. But it was driven over 3k miles in the interim, so a good deal of fun must have been had, albeit at $61 per mile. Well bought. TOP 10 No. 7 #132-1965 SHELBY COBRA 427 S/C roadster. S/N CSX3021. Hertz Gold/black vinyl. Odo: 3,871 miles. 427-ci V8, 2x4-bbl, 4-sp. Very good panel fit as per factory build. Very good paint, bright trim nice aside from some loss on windshield post escutcheons and heavy pitting on rear view mirror. Good interior, with some pitting on bright trim and dry steering wheel wood rim. One of two delivered in Hertz Gold, and said to have interior has moderate wear on seats and door panels. Cond: 3+. SOLD AT $85,250. The hot Callaway-developed and built Corvette— the only one built with an automatic. Used more than many, and formerly owned by Otis Chandler. The MSRP on the car was $225k, and all things considered, it's held a remarkable percentage of value. Used Callaway cars, provided they've not been totally abused, can be great performance values. Don't save it, drive it. ♦ 96 Sports Car Market trim. Some delamination on edge of windshield, some crazing on surface of wheels. Very good interior, one dent in transmission tunnel cover. The 1963 SCCA A Production winner. Cond: 1-. NOT SOLD AT $1,600,000. Last seen at RM's Phoenix auction in January '06, where it sold at $1,815,000 (SCM# 40682). One of four early 260 factory racers, and the first Cobra to win an event and a championship. Superbly presented, with an almost 20-year-old restoration in excellent shape. This was an important car, but it had not been driven by any big names. The 260 is an acquired taste, with most attention going to the 427s. Some felt the high bid should have done the job, but if the owner can hold on, more should be possible. #43-1965 SHELBY GT350 Supercharged Prototype fastback. S/N SFM5010. White & blue/black vinyl. Odo: 48,650 miles. 289-ci supercharged V8, 4-sp. Panel fit better than factory, very good paint and chrome. Somewhat perished rubber on right taillight base, very good interior shows a split seam on left side of been the last S/C still in the hands of its original owner. Cond: 3+. SOLD AT $1,028,500. This car was reported sold at a Florida auction in January 2009 for $3.78m, but SCM could not confirm that sale, and it was listed here as still being a one-owner car, as it was then. It's no surprise that it remained unsold in the showroom for almost a year—the color was very much an acquired taste. However, as a period piece now, it works. Given its non-comp history, the price seemed in line. #4-1969 CHEVROLET CAMARO COPO coupe. S/N 124379N657861. Olympic Gold/green vinyl. Odo: 42,884 miles. 427-ci V8, 4-bbl, 4-sp. Very good panel fit, as per factory. Excellent paint and chrome, very good interior. COPO-spec dog dish hubcaps, M21 4-speed, and power disc brakes. Engine compartment clean and correct. Cond: 1-. SOLD AT $159,500. Rare COPO 9561 Camaro, documented by GM Canada and very well restored in a stunning color combination. Last seen at the Bonhams Quail sale in August '07, where it made $199,500 (SCM# 46278). Since that time, it has slid 20% in value, but a clone would have dropped 60% over the same period. Well bought. #146-1999 CHEVROLET CORVETTE CALLAWAY C12 convertible. S/N 1G1YY32G6X5126571. Metallic blue/blue & beige leather. Odo: 17,702 km. 5.7-L 440hp fuel-injected V8, auto. Somewhat variable panel fit, as per build. Very good paint shows a few minor flaws, including chips on door edges. All four wheels show curb rash. Clean

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Silver Auctions Fort McDowell, AZ Arizona in January While the storm took down most of Silver's tents at the Ft. McDowell Casino, the good news was that none of the cars were parked beneath them Company Silver Auctions Date January 22–25, 2010 Location Fort McDowell, Arizona Auctioneer Mitch Silver, Paul Baer, Gary Dehler, Matt Backs & Brian Marshall Automotive lots sold / offered 221/410 Sales rate 54% Sales total $3,967,560 High sale 2004 Maybach 62 limousine, sold at $179,280 Buyer's premium 8%, included in sold prices Damage was minimal at Silver, and they wasted no time getting their tents back up for Friday's auction Report and photos by B. Mitchell Carlson Market opinions in italics D espite all the big news about the “Storm of the Century” sideswiping Russo and Steele, this was also an eventful week for Silver Auctions. The Thursday night storm took down most of the tents Silver had erected outside the Ft. McDowell Casino. The good news was that only one of the cars was parked beneath them—Mitch and company had moved every consignment they had the keys for to the adjacent casino parking lots (hence the single damaged car). However, the main tent was blown down, and that created quite a mess for the vendors who were already set up inside it. On Friday, crews were on site to rebuild the tents, and by 3 pm the main tent was up, with the first car crossing the block an hour later. Despite the delay, Silver kept to the schedule and got 90 cars across the block by 9:30 that night. It was easy to see that Silver benefited from Russo and Steele's misfortune more than the other auction houses. With Russo closed Friday and Saturday, Silver had more bidders on site throughout both days. When the last dog was hung on Saturday evening, at least half of the chairs were still filled. 98 On the other hand, it was a venerable ghost town on Sunday with Russo back in action. Monday has traditionally been “Montana rules” run-what-you-brung day, but with Russo running full tilt playing catch-up, it was a more intense regular auction day for Silver, with hopes of keeping a few more bidders around, rather than the normal group of bottom feeders looking at one last chance to scoop a deal. And there were some good deals to be had. There was a large supply of C4 Corvettes on hand, most of which sold under the money. Keeping with the late-model used car theme, the top sale was a 2004 Maybach sedan, which was a no-sale out here last year. Indeed, there were several “frequent flyers” from last year, with quite a few of them changing hands this time around. While the overall take was slightly up from last year's big drop, the sell-through rate was up significantly— another sign that there may be some stability around the corner for the lower and middle ends of the market. To paraphrase the motto of the U.S. Postal Service: Neither rain, nor sleet, nor winds knocking down the tents shall keep Silver auctions from selling cars on their appointed rounds. Compared to this year, Silver's future auctions out in the desert should be a cakewalk. ♦ $1m $2m $3m $4m $5m $6m $7m 0 Sports Car Market Sales Totals 2010 2009 2008 2007 2006

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Silver Auctions Fort McDowell, AZ ENGLISH #303-1959 BENTLEY S1 saloon. S/N B223LFD. Light gold metallic & maroon/tan leather. Odo: 82,453 miles. Coachwork by H.J. Mulliner. Factory-optional a/c. Somewhat recent repaint sprayed on well enough but with lesser quality prep work. Original chrome and trim uniformly dull and almost without luster. Less-than-professional reupholstery work, with uneven seat back fit, exposed stapling across rear seat back, and poorly fitted kick panels. Heavier wear and shrinkage of original carpeting. Dull Bakelite finish on steering wheel and most dash knobs. Good original interior wood with several pieces refinished. Cond: 3-. SOLD AT $23,220. Last seen at the Leake auction in Tulsa in June '05, failing to sell for $18,500 (SCM# 38432). At that time it had a black paint job with issues, and now it's gold and maroon with issues. Five years and the cost of a respray later, the seller would probably have been better off leaving the car alone. #36-1963 JAGUAR XKE convertible. S/N 877605. Red/black cloth/black leather. Odo: 65,416 miles. Jaguar Daimler Heritage Trust certificate confirms original color combination of cream with red leather. Two years out of a highly competent marque-specialist, baretube restoration, with superb body prep and paint work. Panel fit no worse than original. hard top/red vinyl. Odo: 974 miles. Assembled in the U.K. in the mid 1980s for vintage racing, with FIA paperwork. Used extensively in the '90s for that purpose in Europe. Paint holding up rather well, with only some light rock chips and fading where front adhesive numbers plate was. Engine bay done up more for function than form, with tube headers, triple Weber DCOE side draft carbs, and braided steel lines. Interior fitted with roll bar and a pair of 5-point racing harnesses. Dashboard padding wavy, seat upholstery with moderate wear. Cond: 3. NOT SOLD AT $140,000. Last seen at the Coys Nürburgring auction in August '91, selling for $72,688—half of what was bid here (SCM# 21486). At that time, it would have been relatively fresh, in addition to riding the roller coaster down in value after the 1989 boombust. Now with several races under its belt, it's doing well cosmetically, but we're back on the roller coaster again. This was as good of an offer as could have been expected on the car— especially at this venue. #343-1974 JENSEN-HEALEY convert- ible. S/N 19417. Black/black vinyl/black vinyl. Odo: 1,047 miles. Comes with both tops. Heavily buffed average quality repaint, rear badge missing. Serviceable brightwork, with a few light dings in bumpers. Built-up motor, now with a pair of Weber side-draft carburetors and neon blue ignition wiring. Fitted with newer exhaust system and Addco rear sway bar. end. Uneven door gaps, passenger's door mirror held together with blue masking tape. Dull finish on original basket-weave alloy wheels, moderate weathering and several small tears to cloth top coverings. Discoloring dashboard and console vinyl, heavily cracked seat leather. Heavier cracking also present on dashboard wood, with wooden door pulls all but gone. Heavily surface-rusted undercarriage, unkempt engine bay. Offered at no reserve. Cond: 4. SOLD AT $5,508. Let's see, with the seller's fee factored in, this was a couple of bucks north of what the owner could've made through Cash for Clunkers (and yes, a 1985 TVR did get embalmed with sodium silicate). Judging by this example, I can almost understand why that ill-fated car's owner gave it a death sentence. Almost. Lesson: Stay away from the government and just sell that dying specialty car at auction. #54-1995 ROLLS-ROYCE SILVER SPUR III saloon. S/N SCAZN02C5SCX55248. Black/black leather. Odo: 120,871 miles. U.S.spec car with Euro headlights. Full service record with recent servicing, recent fluff-and-buff especially evident on paint and chrome. Engine bay more of a wash-off, while undercarriage wasn't even touched. Wal-Mart-grade fisheye Authentically restored engine compartment, well detailed undercarriage has acquired some road dust. Only minute interior wear confined mostly to driver's side floor carpeting. Cond: 2+. SOLD AT $81,000. Claimed to have been awarded “the best Jaguar in Idaho.” Wow. What next, the Concours de Williston, North Dakota? The only red vehicles out there have Halliburton signage on the doors, and even with the top down you aren't going to haul too many well casings with an E-type. Still, seems to be a rather well-sorted Series I—and it had better be, having gone past the $75k reserve like the Empire Builder through Williston. #307-1963 JAGUAR XKE Lightweight Replica convertible. S/N 861113. Silver/silver 100 Reskinned seats and newer carpeting, rest of interior original and serviceable. Even the dash wood looks respectable. Sold at no reserve, with a title delay. Cond: 3. SOLD AT $5,400. While I'll defer to our own Paul Duchene for his $.02 on Jensen-Healeys (as a recovering former owner), I'd suggest that this one wasn't all that bad and maybe even a decent buy. Then again, the bar isn't set that high, either. At least with Webers there's less of a chance it'll turn itself into a barbecue grille. #340-1985 TVR 280i convertible. S/N TV9RF28P2FBDH1258. Silver/black cloth/red leather. Odo: 26,399 miles. Cracking original paint and peeling clear coat, especially on front mirrors stuck to outside mirrors. Minimal interior wear for miles indicated, moderate curb rash on alloy wheels and older tires. Cond: 3-. SOLD AT $24,000. Died on the block at $25k, with the auctioneer saying that it was going to take closer to $29k to get it sold. However, reality prevailed, and it was a post-block sale for less than $25k before the juice. A marketcorrect result, and no one wins or loses here unless the car starts to unwind before it gets to its new home. #103-1995 JAGUAR XJS convertible. S/N SAJNX2740SC195462. Dark blue metallic/navy cloth/cream leather. Odo: 91,617 miles. Original paint with significant polishing swirls—it almost comes off as being dull. Jaguar emblem missing from trunk lid, although adhesive residue remains. Alloy wheels Sports Car Market

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Silver Auctions Fort McDowell, AZ dull with heavy oxidation and notable curb rash. Light to moderate top weathering, interior wear about right for a 91k-mile car. Check Engine light and brake system lights stay on when car is running. Just a high-maintenance used car with a roof that folds. Cond: 4+. SOLD AT $7,560. While the six-cylinder has fewer maintenance issues than the V12, both are in a platform that has never been known for longevity or a trouble-free nature. Ford's smaller bits can only go so far. It was utterly amazing that there was strong bidding past the $6k reserve, and I have to think the seller tap danced all the way to the bank. GERMAN #548-1955 VOLKSWAGEN BEETLE sedan. S/N 10756831. Gray/red vinyl. Odo: 44,010 miles. Mileage claimed actual since new, said to be a one-owner car until recently. Retains documentation on everything done to original chrome and trim, with several dings in bumpers and ghastly oversized bumper guards. Reproduction seat upholstery, but remainder of interior is original. Carpeting has heavier wear along door sills. 40-channel CB fitted under dash. Cond: 3. SOLD AT $29,430. The owner, who was the daughter of the original owner, declared that all of the proceeds from this sale were to be donated to the Helena, MT, animal shelter. I doubt that affected the sale much, although it could be a convenient excuse for paying a bit over what it should've brought. #33-1971 MERCEDES-BENZ 280SL convertible. S/N 11304412020159. Light gold metallic/dark brown cloth & gold hard top/dark brown leather. Odo: 54,953 miles. Equipped with both tops and dealer-installed a/c. Good quality older repaint with some chipping on panel edges, claimed to have a new soft top. Good door and panel gaps, very solid door fit. Map pocket on driver's door has all but separated from door panel, but rest of original interior is a step above serviceable. Seat stuffing but reality set in on Monday, and it finally sold at this market-correct level. I don't see much of an upswing here unless VW makes a modern version, and considering that the New Beetle is about to become the Extinct Beetle, don't hold your breath. #363-1982 MERCEDES-BENZ 380SL convertible. S/N WDBBA45A1CB018447. Yellow/tan cloth & yellow hard top/tan leather. Odo: 16,512 miles. Sold new in Albuquerque, New Mexico, with most documentation since. Mileage claimed actual since new. Like-new factory paint and brightwork, with nary a bug it. Newer repaint with some masking overlap onto window seals. Retrofitted center-mounted stop lamp in rear window. Generally stock motor, although now with a degreed main pulley and modern ignition. Mostly original interior, but with some piecemeal replacement of seat panels. Heavier wear on original carpet along the pedals, heavier paint wear on steering wheel. Cond: 3-. NOT SOLD AT $15,000. Bought new in Hollywood, CA, by a teacher, and she kept it until she recently passed away four days shy of being a century old. Interesting as it was, this won't qualify for the Bloomington Gold Survivor Show top awards in June due to the repaint, so not selling it for this bid was a case of getting too entranced by a car's story to see the actual car. #324-1967 MERCEDES-BENZ 230SL convertible. S/N 10001281. Dark green metallic/green hard top & tan cloth/tan leather. Odo: 96,168 miles. One family, two person ownership from new. VIN tag removed from the original location under the hood and riveted to driver's door. Repaint several years old and showing a few larger chips, especially on wheelwell lips. Both types of tops. Presentable 102 has significantly deteriorated on passenger's seat. Interior wood could use a shot of polish, but is generally in good shape. Maintained but not cleaned engine and undercarriage. Cond: 3. SOLD AT $32,400. Was bid to a $29,750 no-sale on the block, but before the next car passed through, it was declared as a post-block sale. As a good (but not great) driver-grade car, this was further proof that any decent 280SL is now no less than a $25k car. #557-1973 VOLKSWAGEN THING convertible. S/N 1832492946. Yellow/black fiberglass/black vinyl. Odo: 9,100 miles. Fitted with an aftermarket Fiber Jet hard top. Average quality masked-off repaint both inside and out. Afrika Korps decals, with a certain political symbol removed, affixed to forward doors and trunk lid. Mostly new body seals, although glass masked off. Minor engine modifications, moderately tidy compartment. Possibly original seat upholstery showing some light wear plus more pronounced soiling and paint overspray mist. Grubby undercarriage, older replacement KYB shocks all around. Cond: 3. SOLD AT $7,750. This was first bid to a $9,600 no-sale, splat, nick, or scuff. The only perceivable wear to interior is the dealer accessory floor mats, which are moderately soiled. Topically cleaned engine compartment, and that's all it needed. Dustier-than-expected undercarriage. Cond: 2. SOLD AT $18,360. This car one-ups the last lower mileage 380SL I saw sell for $14,045 at Mecum's Kansas City sale in December '09 (SCM# 153222). While the miles were even fewer and the color was still a good one, this was still 560 money for a 380. #85-1986 PORSCHE 911 targa. S/N WP0EB0914GS160151. Guards Red/black panel/black leather. Odo: 59,074 miles. Original paint with a few light battle scars, paint on center of whale tail is starting to flake off. Dusty engine bay, a/c compressor does not have a belt. Declared to have the second gear synchro starting to go out, with no other notes or records of maintenance. Moderate seat wear, heavier carpet wear, chewed-up floor mats. Older aftermarket stereo system, all four speakers are missing their grilles. Sold at no reserve. Cond: 4+. SOLD AT $10,260. Typical of most Sports Car Market

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Silver Auctions Fort McDowell, AZ German manual transmissions, the synchros for second are the first to go. But it's hard to imagine someone ran through the synchro in just 59k miles, so perhaps we're looking at 159k? Either way, we can probably assume the car was run hard and ignored. Fair price all around—the seller gets to walk away without throwing money at it and the buyer gets what may be a nice project car at Visa money. Is this a great country, or what? ITALIAN #241-1986 ALFA ROMEO SPIDER 2000 Graduate convertible. S/N ZARBA5411G1043620. Red/black vinyl/black leather. Odo: 68,394 miles. El-cheapo older repaint has a bad case of acne. Several light dings throughout body, plus curb damage on front fascia. Passenger's Pininfarina badge held on with masking tape. Serviceable original top, F1-style paddle shift maybe, but not a typical slushbox. Half the fun of an NSX is to make F1 car noises at will, otherwise you might as well get one of the other Acuras on the docket (aside from an MDX). The reserve was cut loose when the bidding stopped, making a good payday for the seller. AMERICAN #453-1941 INTERNATIONAL K-1 Woodie wagon. S/N K112986. Bright green & wood/tan cloth/brown vinyl. Odo: 166 miles. Heavily coated with high-gloss varnish over all-original wood, bodywork refinished in a non-stock hue. Way too many parts chromed, such as front fascia and instrument cluster. No wiper arms mounted. 1936 Ford reproduction door hinge mirrors, all three seats reupholstered in generic vinyl. Good engine and engine bay paint detail, ad-hoc coolant overflow tubing routed along left side of radiator. Retrofitted electric fuel pump and modern seatbelts. Expertly reupholstered interior in modern synthetic velour. Cond: 2-. SOLD AT $28,080. The consignor stated that “this car is as close to new as you can get.” Unfortunately, that was somewhat true, as in it's more like a 1987 Cadillac than a 1947 Cadillac. With modern velour instead of mohair and radials instead of bias ply tires, it loses the tactile feel of a 1947 Cadillac. Still, people like flash, and this car had it in spades. Bidders flocked to it like zombies, and there was ample interest in it even after the $25k reserve was passed. #391-1953 CHEVROLET CORVETTE Replica roadster. S/N 1C9AA1110K1369172. Purple & orange flames/black cloth/gray vinyl. Odo: 8,083 miles. 350-ci 350-hp V8, 3x2-bbl, auto. Built around a 1989 Classic Sports Cars replica, with a 1989 Chevrolet VIN. Triple deuce carbs protrude through the hood, modern power brakes and power steering. Flame paint job actually isn't too bad, peaked headlight bezels almost make it look like a swollen Bugeye but don't count on it to be water fast. Moderate interior wear commensurate with the claimed original miles. More than robust exhaust note due to the lack of a catalytic converter (a bit of a touchy issue, being a California car). Cond: 4. SOLD AT $2,600. Offered at no reserve. Depending on where this is headed, it'll likely need to have a cat installed before it can pass emissions and be registered. A market price considering its condition. JAPANESE #59-1992 ACURA NSX coupe. S/N JH4NA1266NT001085. Red/black leather. Odo: 43,921 miles. Front fascia slightly off hue to the rest of the bodywork, bottom right corner of rear fascia has about a 1-inch square patch of rubbed-off paint. Some polishing swirls noted with 12-volt alternator. Minimal undercarriage clean-up, new brake hoses and wheel cylinders. Cond: 2-. NOT SOLD AT $75,000. In 1941, all wood-bodied K-series trucks changed from having only brown sheet metal to any of six standard colors, although this light green was not one of them. In addition, the interior metal surfaces on all woodies continued to be painted brown and not body color, as was the case here. A slightly lesser example sold at MidAmerica's Blaine, MN, auction in May '07 for $79,500 (SCM# 45336) to the most over-the-top IH truck collector on the planet, so this bid was more realistic than the $100k-plus reserve. #272-1947 CADILLAC SERIES 62 4-dr sedan. S/N 8423400. Maroon metallic/red velour. Odo: 5,987 miles. Sparkling fresh repaint still degassing. Refinished cloisonné emblems, replated bumpers, and professionally polished trim. Fitted with modern retro-looking door frame peep mirrors. California black plate license with 2007 tags. Lightly brush-painted motor makes modern yellow spark plug wires stand out like neon tubing. Retrofitted with in finish throughout, moderate curb rash and scuffing on all but one of the wheels. Non-stock exhaust outlets, right hand unit dented. Interior wear as expected for the miles indicated. No attempt was made to clean up the undercarriage or the power train. New tires fitted. Cond: 3. SOLD AT $32,940. To me at least, it would be silly to have an NSX with an automatic. An 104 Sports Car Market Sprite from hell. Good upholstery workmanship inside, accented by a lot of billet aluminum components. Chromed fire extinguisher is the center armrest. Cond: 3. NOT SOLD AT $24,000. One of the most prudent investment tips at the 2010 Corvette Market seminar was “never buy a Corvette with anything sticking through the hood.” Then again, this really wasn't a Corvette, so there you go. You've got to admit: If you really wanted to build a 1953– 54 street machine, you're best off using one of the replicas as a starting point. As it rolled off the block the first time, it was declared that it was “going to take about ten thousand more to get her sold.” #41-1956 LINCOLN CONTINENTAL Mk II 2-dr hard top. S/N C56R3784. Black/ black & white vinyl. Odo: 68,702 miles. 368ci V8, 4-bbl, auto. Good older body prep and repaint, slight waviness to replated bumpers. Clunky door fit, but gaps are respectable. Doors once had edge guards on them. Left taillamp inoperative, driver's side quarter window won't go up. Light engine bay clean up, but

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La-Z-Bits by Geoff Archer (In 2008, a Minnesota man was arrested for drunken driving atop his motorized La-Z-Boy. Area police seized the “vehicle” then auctioned it on eBay in late 2009...) #150385696050-MOTORIZED CHAIR recliner. Black pleather/ dirty plywood. 10 Photos. Proctor, MN. “The DWI Forfeit Vehicle that has been reported by the news media worldwide and is being sold as-is with no warranties of any kind... Engine: Briggs and Stratton Model 19070 with electric start. Has front lights, rear tag light, radio, cup holder, rear roll bars and other custom options, but is missing the seat cushion. it's a long way from being detailed. Motor has either a slight lifter tick or a cracked exhaust manifold (both are not uncommon on Deuces). Light seat and floor carpet wear consistent with limited use. Cond: 3. NOT SOLD AT $27,000. Seen the weekend before at Kruse Scottsdale, where it was reported as sold at $20,520 (SCM# 155136). Claimed to have been part of an estate, it was rerun on Monday to less than this slightly generous bid. Unless they are one of the few low-mile Survivor-type originals or an LCOC Emeritus award winner, Deuces aren't going anywhere fast in value—up or down—so trying to shift this pretty but soonto-be-scary one for $30k is going to be difficult. #80-1957 FORD THUNDERBIRD con- Not a street legal vehicle... can be pick-up at the City of Proctor, Minnesota Police Department.” 64 bids, sf 0, bf private. Cond: 3-. SOLD AT $10,100. APRIL FOOLS! With terrible handling, a high center of gravity, a wide wooden seat, a cupholder, and NHRA decals all over it... here is the answer to the question, ‘What is the opposite of an Alfa Romeo?' At 10x the nearest comparable sale, the high bidder turned out to be a deadbeat. Somebody outta call the cops... #280418884361-SEAT CUSHION. 4 Photos. Duluth, MN. “Custom seat fits on the world famous DWI Motorized Chair. Winning bidder will receive a genuine seat cushion and custom cover that fit the DWI chair, along with a personal note from Dennis L. Anderson himself.” $1000 Buy-It-Now price. 0 bids, sf 526, bf N/A. NOT SOLD AT $500. Listed one day after the DWI chair sold (without cushion), this real seat-of-the-pants marketing effort was not rewarded... likely because the opening bid was too greedy. #280416805135-2009 AUTOGRAPHED PHOTO. 1 Photo (duh). Proctor, MN. American flag-themed eBay background. “Autographed photograph of the world famous DWI Motorized La-Z-Boy style Chair. All proceeds go to Denny L. Anderson to help him pay his fines and legal fees. Dennis is a 62 year fit well. Underhood rather untidy, older door panel brightwork starting to discolor and separate. Cond: 3+. SOLD AT $29,970. The reserve was passed at $27k. The seller emphasized that $47k worth of work had been done in the last seven years, and with more work to be done, he must have just become sick of tossing hundred dollar bills at it on a regular basis. If you like tinkering and know T-Birds, this was still fully priced... especially without a soft top. #364-1957 FORD THUNDERBIRD convertible. S/N D7FH211207. Red/tan cloth & red hard top/red vinyl. Odo: 85,142 miles. 312-ci V8, 4-bbl, auto. Interior left River Rouge in Colonial White. Options include power steering, power brakes, power windows, power seat, Town & Country radio, and both tops. Reproduction Kelsey-Hayes wire wheels, fresh radial wide whitewalls. More recent trim-off repaint, most chrome replated, some trim replaced. Soft top is non-stock tan canvas. copious quantities of wiring with crimp connectors spliced in. Runs out well enough to move under its own power. Cond: 3. NOT SOLD AT $10,250. Re-run on Sunday as lot 505 to a $13,000 no-sale bid. This had the Deluxe trim package, which got you not only door panels but color keyed ones at that, plus color keyed seat upholstery and more brightwork inside and out. This bid was just further proof that forward control Corvair 95 trucks—especially Greenbriers and Rampsides—are outpacing the prices of all closed-body Corvair cars and are giving convertibles a run for their money. #251-1965 FORD MUSTANG GT Replica convertible. S/N 5R08A141243. Black & red/black vinyl/red vinyl. Odo: 57,739 miles. 289-ci V8, 4-bbl, auto. Originally Honey Gold with gold and white standard interior. High quality repaint, excellent door fit. Replated bumpers and all reproduction trim, including GT light bar. GT emblems added in place of Mustang emblems on bottoms of front fenders. Non-stock HiPo air cleaner, aftermarket cast aluminum valve covers, chromed export brace, and retrofitted with dual-chamber master cylinder. Heavier wear on reproduction carpeting, vertible. S/N D7FH250296. Light blue/white hard top/two-tone blue vinyl. Odo: 7,439 miles. 312-ci V8, 4-bbl, auto. Factory optional power steering. hard top only. Recent work consists of fresh brakes, gas tank, fuel lines, repaint, chrome replating, and upholstery. Most of the glass has been replaced. Fresh rebuilds of the engine, carburetor, generator, and steering box. Radio, speedometer, and tachometer still need work. Typical iffy door fit issues, other panels Almost concours engine bay with chrome hood latch hardware, modern upper radiator hose, and modern battery. Newer interior soft trim shows only scant wear. Cond: 2-. SOLD AT $34,020. With all of the options on the car plus the repop out-of-era wire wheels, I naturally assumed it was a Resale Red special. However, this was a real Flame Red car from new. Kitted out the way most folks want a '57 T-Bird, it just kept getting bids once the consignor dropped the reserve at $29,250. Well sold. #75-1963 CHEVROLET CORVAIR 95 Greenbrier van. S/N 3R126S105034. White & red/red & white vinyl. Odo: 50,200 miles. Optional Powerglide automatic, 3.08 ratio highway differential, third row seat, and AM radio. Mileage claimed correct, California black plates with 2009 tags. Several-year-old repaint shows well. Period aftermarket West Coast mirrors, modern replacement license plate lamps, ceiling light assembly is dangling from housing. Light engine clean-up shows off old distinguished United States Navy Veteran. He defended our country so we can have our freedoms we enjoy. Recently Dennis was convicted of a DWI after accidentally crashing his now famous home made NHRA lawn mower powered La-Z-boy chair into a parked car.” 35 bids, sf 526, bf private. Cond: 1. SOLD AT $710. A creative way to capitalize on all the attention he was getting—the market obviously agreed. 106 Sports Car Market

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Silver Auctions Fort McDowell, AZ light wear on repop seats. Cond: 2-. SOLD AT $25,110. About the only thing real about this pony was that it was indeed an A-code (4-bbl) 289 car. This includes the low original miles claim, as with restored cars this gets into the old George Washington's hatchet argument— with N.O.S. handle and head. The $20k reserve should've made anyone else wary, as a real deal car should've pulled down about $10k more. At least the final bidder will get a pretty driver. Sold well. #266-1969 CHEVROLET CAMARO Z/28 Replica coupe. S/N 124379L501586. Daytona Yellow & black/black vinyl/black vinyl & houndstooth cloth. Odo: 52,549 miles. 350-ci V8, 4-bbl, 4-sp. 3.73 Positraction axle, interior décor package with radio delete plate and center console. 1970 360-hp 350 engine fitted. High quality repaint, replated bumpers and newer replacement trim. Aftermarket Grant steering wheel and Hurst shifter. Light of the name—a top shelf trim package with pseudo wood. The reality of the selling price kind of snuck up on me when this was hammered sold, but generally original ones haven't popped up much lately, so the buyer's decision to pay up for an almost bone stock example was understandable. #362-1970 OLDSMOBILE 442 W-30 2-dr hard top. S/N 344870M175544. Light yellow & black/black vinyl. Odo: 518 miles. 455-ci V8, 4-bbl, 4-sp. Stock steel wheels with dog dish hubcaps on reproduction Polyglas tires. High quality older bare body restoration, decent panel gaps throughout. Authentically repainted, if not better than new, with only some combo is harder to find, but they surface occasionally also. In addition to the powertrain, the low mileage carried the day here, with the car selling about as well as one could expect. #73-1982 CHEVROLET CORVETTE coupe. S/N 1G1AY8788C5109751. Red/tinted panels/black leather. Odo: 43,959 miles. 350-ci 205-hp fuel-injected V8, auto. Factory options include rear window defroster, mirrored roof panels, power seats, power antenna, and electric sport mirrors. Recent repaint, with heavier original paint wear in door jambs wearing through to fiberglass in places. Front fascia is wear and soiling on modern reproduction interior soft trim. Cleanly detailed engine bay, but with some less-than-professional wiring, overpolished cast aluminum, and economy grade battery cables connected to economy grade battery. Cond: 2-. NOT SOLD AT $29,000. The consignor referred to this as an “undocumented” Z/28. Is that like undocumented aliens? In either case, don't have anything to do with them, since in the long run you'll eventually get into trouble. #51-1970 FORD RANCHERO Squire pickup. S/N 0A49F171139. Ivy Green Metallic/light green vinyl. Odo: 48,647 miles. 302-ci V8, 2-bbl, auto. Seller claims original mileage. California truck black plate, but without any tags. Fitted with period trailer hitch and modern alloy wheels, but has two Ford GT wheels with radials sitting in bed. Excellent trim-off repaint, with all new DiNoc Petrowood and trim. Chrome replated. light buffing swirls since. Brightwork starting to lose some of its luster, bare aluminum intake manifold has some fuel staining and exhaust manifolds have heavier flash rust. Engine bay presents well as-is, but would need a fluff-andbuff if it were to be shown. Light wear to reproduction seats and carpeting. Cond: 2-. SOLD AT $57,240. Equipped with power-assisted nothing and minimal options, this W-30 meant business. For once, an Olds muscle car got some respect on the auction block. It had no problem surpassing the $50k reserve, passing it as fast as it would an SS 396 Chevelle. 25th Anniversary Replica coupe. S/N 1Z8748S404067. Two-tone #370-1978 CHEVROLET CORVETTE silver/tinted panels/oyster leather. Odo: 2,774 miles. 350ci 220-hp V8, 4-bbl, 4-sp. Left St. Louis in silver only, later painted to replicate a 25th Anniversary edition. Mileage claimed original. Equipped with the L82 motor, 4-speed, tilt/telescopic column, tinted roof panels, sport mirrors, and power windows. Good door and panel a slightly different hue than rest of car. GMspec panel and door gaps, aftermarket window tint film all around, chromed exhaust outlets. Moderate seat wear, heavier wear on steering wheel rim and door panels. Cond: 3. SOLD AT $11,070. While in good colors, this one was starting to get a little rough around the edges. Top money paid, as nicer cars are pretty easy to find for not a whole lot more money. The consignor was obviously well aware of this, and he cut the reserve loose when the bidding stopped. #98-2006 FORD MUSTANG Custom convertible. S/N AZ283016. Red/black cloth/ black leather. Odo: 19,381 miles. 4.6-L supercharged V8, 6-sp. Based on a Ford Mustang show car, and the first of six built to replicate it. Converted from a 2004 Mustang Cobra convertible. All traces of the donor car's VIN have been removed, and it has been assigned an Arizona VIN. Generally good panel fit and finish, heavily modified engine bay with much Excellent door and panel fit, with doors closing and latching without undue effort. Well preserved original interior, shoulder belts missing. Engine compartment needs minor detailing. Cond: 3+. SOLD AT $17,280. Usually I see the GT flavor of early 1970s Ranchero pop up at action. In keeping with Ford's progression of trim, the Squire was akin to the wagon's use April 2010 gaps, engine compartment original and cleaned up well. Light wear to original upholstery, heavy wear to dealer accessory floor mats. Undercarriage dirtier than expected. Cond: 3+. SOLD AT $14,580. Silver Anniversay was the hands-down most popular paint scheme for a '78 Corvette—almost three times more prolific than the cookie-cutter Pace Cars—so I'm not sure why this dude decided to turn his far rarer all-silver car into a Anniversary car. Sure, an Anniversary edition with the L82/4-speed polished billet aluminum and a Kenny Bell supercharger. Twin Supertrapp end-cap mufflers located in center of rear valance. Stock Mustang steering wheel and dash, custom center console and reupholstered seats. Cond: 2-. SOLD AT $44,280. Some of the uninformed in the crowd were wondering why this wasn't at Barrett-Jackson, thinking that this was a Ford prototype. Being a limited-run car, this does seem to be an appropriate venue to sell it—and it did sell quite well. But you could do just as well by getting a 2002–05 T-Bird and modifying it for less than what this sold for. Ah, but that's the price for (relative) exclusivity. ♦ 107

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Kruse International Glendale, AZ Glendale Collector Car Auction High sale was a 1935 Duesenberg JN Rollston convertible at $777,600 but the rest of the story is the amount of time this car stayed on the block Company Kruse International Date January 16–17, 2010 Location Glendale, Arizona Auctioneer Dean Kruse Automotive lots sold / offered 41/77 Sales rate 53% Sales total $1,762,074 High sale 1935 Duesenberg JN Rollston convertible, sold at $777,600 Buyer's premium 8%, included in sold prices Custom Thunderbird roadster, unsold at $110,000 Story and photos by Lance Raber Market opinions in italics dium, but given Kruse's recent highly publicized challenges, more than a new look might be necessary. A recent article in the Arizona Republic newspaper K gave a scathing account of past business practices, citing numerous unpaid sellers, numerous lawsuits, and even the lack of a current business license in Arizona—not exactly the way to build buyer confidence. But Kruse claims to have turned things around, and the only way to show the world that things have changed is one car at a time, as they cross the block. The auction was slow to get started, but eventually 41 of 77 cars sold for a total of $1,762,074. The combination of a down economy, that lack of buyer confidence, and high reserves made for a slow sale. The carpeted floor of the exhibit hall had runners of plastic taped down to avoid oil spills, and the fact that no cars could be started led to some levity, with crews of pushers grunting and slipping trying to move the heavier vehicles onto the auction block. The high sale was a 1935 Duesenberg JN Rollston convertible at $777,600, but the rest of the story is the amount of time this car stayed on the block. 108 ruse kicked off the 2010 auction season with a new and improved look on January 16–17. The new venue was the Renaissance Glendale Hotel, just next door to the University of Phoenix sta- The pleas of the entire auction staff were almost embarrassing as they begged for higher bids. I'm sure the proceeds from the sale of this car, said to be from Kruse's own collection, would go a long way in helping with the mounting cost of continuing this business, but six or eight cars could have been sold in the time spent with the gavel hung poised, then finally hammering to a telephone bidder in Houston. The history of this car stated that more than $1 million was spent in the restoration, and if that's true, someone in Houston got a bargain. The cars for sale were difficult to report on—and I'm sure to bid on as well— because auction numbers were often missing until just before the sale and few cars had fact sheets giving pertinent history. The Kruse auction may have a shaky fu- ture in Phoenix, as Maricopa County records show that Arizona and Phoenix have filed liens against Kruse to reclaim $89,000 in unpaid taxes and penalties, stretching back to 2005. The company's rating with the Better Business Bureau is an F, the result of 38 filed complaints, including 23 which are recorded as having received no response. Hercules himself might have trouble picking this company up again. But if anyone can do it, Dean Kruse and company are the ones, as they have risen Phoenix-like from the ashes, time and time again. Let's hope they pull another rabbit out of the collector car hat here. ♦ $1m $2m $3m $4m $5m $6m 0 Sales Totals 2010 2009 2008 2007 2006 Sports Car Market

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Kruse International Glendale, AZ AMERICAN #732-1912 MITCHELL RUNABOUT roadster. S/N 24289. Light green/black cloth/ black leather. RHD. Brass Era auto in stunning condition with perfect wood and brass throughout. Took a 3rd place at Pebble beach in 2004, and is still just as nice as it was then. Cond: 1. NOT SOLD AT $90,000. This car has been making the circuit looking for a buyer trim. Reported to have $1.5m invested in its restoration, and claimed to be one of only 48 ever made. Cond: 1-. SOLD AT $329,400. The reserve was dropped after what seemed like an eternity on the block, bringing spirited bidding both from the phone and on the floor. A stunning buy, as the successful bidder may be able to double his money in the not-too-distant future. for a couple of years, and it's reported to be the only one of its kind in existence. Last seen at Worldwide's Auburn sale in September '09, where it failed to sell at $200k (SCM# 142614), and seen before that at Kruse Phoenix in January '09, where it returned to its seller at $380k (SCM# 119475). $90k wasn't even close to what the seller wanted, and he was right in taking it home. #766A-1923 FORD T-BUCKET roadster. S/N 1D34319C0L0. Purple/black cloth/black vinyl. 350-ci supercharged V8, auto. A welldone plastic-bodied T-bucket that shows good attention to detail. Even includes an extra keg fuel tank for extra range. Spartan throughout, covers. Cond: 1-. SOLD AT $777,600. This car sat on the auction block longer than any I've ever seen at any auction. After testimonials from experts to try to raise the price, the reserve of $1.4m was finally lifted and a phone bidder from Houston was the new proud owner at this bid. A no-brainer investment. Well bought. with coil-over rear suspension and originalstyle leaf spring in front, Weiand supercharged single-carb small-block Chevy fitted with chrome headers and braided steel hose dress up kit. Nice paint and top. Cond: 3. SOLD AT $9,720. A lot of time and effort was spent building this hot rod, and it looked like it would make an excellent nice-weather rod. I'm sure it would smoke the back tires with ease, and $9k wouldn't build you another. A bargain. #735-1930 DUESENBERG MODEL J Willoughby sedan. S/N J368. Gray & black/gray cloth/black leather. Odo: 13,165 miles. Coachwork by Willoughby. A museum car that probably will never see the road again. Excellent paint, chrome, and 110 #741-1936 LINCOLN AERO-MOBILE convertible. S/N K6056. Blue & aluminum/ brown leather. Half car and half airplane reportedly built by Howard Hughes, and it's bizarre enough to fit the reclusive genius. Side door reveals camera mount to facilitate movies while being driven. Cond: 2. NOT SOLD AT $170,000. Like a giant boattailed speedster TOP 10 No. 9 #740-1935 DUESENBERG JN Rollston convertible. S/N J570. Maroon/tan cloth/maroon leather. Odo: 44,688 miles. Coachwork by Rollston. A museum-quality stunner in all respects, and comes with an appraisal for $2.5m. Every part authenticated as being Duesenberg—even the headlight Continental kit and wide whitewalls. Engine compartment not detailed well, with plenty of rattle-can paint noted. Cond: 3-. SOLD AT $30,240. This car looked good from 20 feet, but some masking issues in the door jambs detracted up close, and the door sills were original and worn. Well sold considering the detail work still needed. #778-1956 LINCOLN CONTINENTAL Mk II 2-dr hard top. S/N C56R3784. Black/ black & white vinyl. Odo: 66,697 miles. 368ci V8, 4-bbl, auto. Older paint and bodywork fair, all chrome starting to look dull. Looks to be a low-mile car that was stored in a garage waiting for the market to rise. Rust is starting crossed with a limo, and then polished to a gleaming shine. Reportedly purchased in June '09 at the Leake auction in Oklahoma for $1.08m dollars (see the SCM profile, October 2009, p. 42), and although Hughes cars tend to bring a premium, this bid seemed closer to reality. #796-1956 FORD THUNDERBIRD con- vertible. S/N P6FH311204. Blue/white/blue & white vinyl. Odo: 54,897 miles. 312-ci V8, 4-bbl, auto. Body smooth and appears solid, panels fit well. Paint shows a few minor issues, chrome without visible flaw. Fitted with to sneak in all over the car, with door sills and hinges starting to bubble, and all the weather stripping needs to be replaced. Interior worn as expected, but all of it looks to fit together in a nice old original driver. Cond: 3. SOLD AT $20,520. The Mk II is rumored to be one of the most difficult Lincolns to fix, and this one certainly had a few needs. The No Reserve sign helped to drag the price up to $20k, and that was a bit more than I expected. #736-1959 CHEVROLET APACHE pickup. S/N 0920804723. Blue & white/white steel/black vinyl. Odo: 22,006 miles. 350-ci V8, 4-bbl, auto. A '59 pickup with modern running gear, power steering, and power brakes, but with a rubber mat on the floor just like when new. Fitted with visor over windshield Sports Car Market

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Kruse International Glendale, AZ and shiny new chrome all around. Engine compartment dingy. Cond: 3. SOLD AT $19,980. It seems as though trucks are gaining some ground in the collector car world, with quite a few of them coming to auction in recent months. This was another show car from 25 feet, with all the effort being spent on the exterior. Underhood, a handful of spray-painted bits looked out of place, and maybe the new owner will finish the job. At the price paid, this was a decent deal for both parties. #750-1961 FORD THUNDERBIRD Custom roadster. S/N 1Y712114618. Polished aluminum/clear bubble top/red leather. 351-ci V8, 4-bbl, auto. Hand-formed aluminum body looks like something out of a Batman movie, only shiny. Astounding detail, all panels appear dent free. Excellent fit and finish throughout. Bubble top fits perfectly and is scratch-free. Cond: 1-. NOT SOLD AT $110,000. The only flaw I found here was that the builder painted the dual batteries silver, and acid fumes broke down the paint and made it peel. Otherwise, even the engine compartment was shiny alloy, and it too was almost perfect. The build cost was likely higher than this bid, but I'm not sure where the seller will find more in this market. #710-1966 DODGE A100 van. S/N 1962078057. Green/green cloth. Odo: 14,345 miles. 170-ci slant-6, 1-bbl, auto. An exMountain Bell service truck with a fair body and a quick repaint. Ladder rack missing, but owner says she has it and will supply it. Typical merchant van with windows only on the right hand side. So homely that a buyer would have to have something odd in mind. Cond: 3. NOT SOLD AT $5,250. Probably rare, but who cares? The owner says she wanted $12k, but at that price, she'll own it for an eternity. A worn out, slant-six powered commercial vehicle just isn't at the top of most collectors' lists, and the bidding died at an expected level. #1004-1968 PONTIAC LEMANS con- vertible. S/N 237678P142676. Black/black cloth/black vinyl. Odo: 4,759 miles. 350-ci V8, 4-bbl, auto. Black body and paint fairly well done, including front end and trim. Panel fit just OK, engine compartment shows some chrome April 2010 111

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Kruse International Glendale, AZ aftermarket additions and could use a good detailing. Aftermarket seat covers ripped on driver's side, worn hinges let doors sag. Cond: 3-. NOT SOLD AT $12,250. This looked like a dressed-up driver with lots of missed details. There's a whole winter's worth of work left to make it nice, and the buyers knew it, stopping the bidding at just over $12k. #1017-1968 CHEVROLET CAMARO RS coupe. S/N 124378L307216. Purple & silver/black vinyl. 565-ci V8, 4-bbl, auto. A well-appointed drag car. Body and paint well done, panel gaps decent, engine compartment as expected in a big-buck racer. All wires and hoses carefully routed and secured, making for a sanitary project. Seller reports a 1/4 mile time of 9.60 seconds at 138 mph, and motor has 400-ci V8, 4-bbl, auto. Body and paint well done, with all correct Road Runner decals in place. Some new chrome, some original worn pieces, panel gaps as varied as expected for an early '70s Mopar. Tidy overall, with some aftermarket bits fitted under the hood. Cond: 3+. SOLD AT $25,380. A relatively nice example of a period muscle car, despite a few missed details. This wasn't a show car, but if you wanted a stunning driver that would make the baby boomers drool, this was your car. A bargain at the price paid. #1001-1972 CHEVROLET CHEVELLE only six passes on a complete rebuild. Cond: 2. NOT SOLD AT $14,000. Drag race cars without good history don't have a huge following in the current market, and this car was weakly bid against the seller's expectation of around $30k. This bid was obviously under the build cost, so the seller was right in holding out for more. #728-1968 CADILLAC DEVILLE con- vertible. S/N F8158070. Black/white cloth/ red leather. Odo: 68,825 miles. 472-ci V8, 4-bbl, auto. Claimed original miles, fitted with California black plates. Nice body, fair repaint with correct red pinstripes. New convertible top fitted, original fair chrome still shows reasonably well. Engine compartment and chassis of a driver, with much detailing needed. Cond: 3. SOLD AT $8,424. The original interior was in good shape for a car from 1968, and it pointed to a probable past of being garaged in California. However, the engine compartment showed every minute of the car's age, and some quick paint touch-ups didn't help. A good cleaning will probably bump up the value a bit when it comes time to sell. Well bought. #749-1972 PLYMOUTH ROAD RUNNER 2-dr hard top. S/N RM23P2R295839. Blue & black/black/vinyl/blue vinyl. Odo: 8,804 miles. 112 package shelf. Fitted with power steering and brakes. Cond: 3-. NOT SOLD AT $20,000. It looked as though the restorer spent his money on the motor and a new paint job, leaving the details to the next owner. The car was a good driver that really only needed a couple of days worth of work to be brought up a level, and all things considered, I'd say the bid was in the ballpark. #1016-1974 PLYMOUTH DUSTER 2-dr hard top. S/N VL29C4G149038. Yellow & black/black vinyl/black vinyl. Odo: 70,618 miles. 340-ci V8, 4-bbl, auto. Amateur repaint with original chrome and all the right decals. Often dented aluminum trim fair, inside original but in good shape overall, vinyl top shows well. Fitted with Cragar wheels on BFG Radial T/A tires. Cond: 3. NOT SOLD AT $8,000. This had a really nice look to it, but once the hood was opened, it was obvious that the new paint did not match the original, and someone got loose with a couple cans of black spray paint to freshen the engine compartment. Some SS 2-dr hard top. S/N 1D37J2L543746. Red/ black vinyl/black vinyl. Odo: 91,505 miles. 350-ci V8, 4-bbl, auto. Fair body and paint showing only a few minor issues throughout, brightwork mostly original and takes away from more recent paint. Worn interior needs a few details attended to, speakers installed on of dirt. Chrome original, top new, interior in good original shape showing only light aging and wear. Cond: 3. SOLD AT $13,176. This car appeared all original and undetailed under the hood, but it looked like the paint was a bit fresher. Not a bad driver-quality low-mileage example of a big GM convertible, but it's going to require some hefty detail work before it can bring any more than this price. Well sold. #1018-2007 SHELBY MUSTANG GT fastback. S/N 12HT82H675289164. Black/ black vinyl. Odo: 4,500 miles. 5.4-L fuelinjected V8, 5-sp. Condition as expected for a 4,500-mile Shelby GT. Paint and body flawless, period aftermarket parts were lurking around the engine compartment, but I would have expected this to bring a bit more. The seller was right to wait for another day. #751-1975 OLDSMOBILE DELTA 88 Royale convertible. S/N 3N7T5X129939. Yellow/white cloth/white vinyl. Odo: 21,839 miles. 455-ci V8, 4-bbl, auto. Body and panel fit better than average for a 21,000-mile car, paint shows some orange peel and visible specks interior and underhood basically as-new. Cond: 2. NOT SOLD AT $38,000. This car looked like it had been attacked by a decal salesman. The seller got on stage and bragged that the car was signed twelve times by Carroll Shelby, and that when on the track, it would stay with any GT500 he found. Even so, this bid was all the money, and he should have taken it. ♦ Sports Car Market

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Keith Martin's Guide to Car Collecting, Second Edition, will be your one-stop resource for collecting. ALL COPIES SIGNED BY THE AUTHOR! The updated edition includes over 300 pages of insider information about the collector car market, with tips and insights you simply won't get anywhere else. It includes everything, from the top 1,000 prices of collectible cars, to collector car legal advice, to picking out your best first Ferrari or Porsche. It's a must read. If you order from SCM, your book will be shipped by priority mail WITHIN 24 HOURS of the receipt of your order. Keith Martin's Guide to Car Collecting, Second Edition, signed by the author: $30, including priority shipping anywhere in the U.S. ($40 outside the U.S.). A limited number of signed and numbered copies, from an edition of 250, are available. Includes instant digital download of the complete book. $45, including shipping anywhere in the U.S. ($55 outside the U.S.). sportscarmarket.com/kmoc2

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eBay Motors Online Sales Two-fers You might not make money, but you sure could have fun trying to put Humpty Dumpty back together again Report by Geoff Archer Market opinions in italics C ar guys are suckers for a deal, especially when there's a parts car included. But despite what your math teacher told you, two isn't always greater than one. 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) #200343278334-1965 SUNBEAM ALPINE (2) roadster. S/N B9403228. Red/black/black. Odo: 41,189 miles. 24 Photos. Toms River, NJ. “Series IV (project and parts) with rare automatic transmissions. The project car is a fully functional running and driving car that is road registered in New Jersey as a Classic; it is in need of restoration. The parts car has been sitting outside under a cover for about 7 years. It had a recently rebuilt automatic transmission and ran when parked. Both cars have wire project that just might have some upside (given enough time and sweat equity). Slightly well bought. #280381857600-1965 TRABANT KOMBI (2) wagon. S/N N/A. White/gray. 16 Photos. Olympia, WA. “These cars are offered as ONE unit, and will not be sold separately. Car A is in good order. There is a fully opening sun roof.” Clean interior.“Car B, though it runs well, is best suited as a parts car. The body made of Duroplast, a composite of cotton, wool waste and polymer. The edges of both doors have a tiny curl and wheels, hardtop in need of restoration is offered for sale with the cars.” 15 bids, sf 10, bf 258. Cond: 4-. SOLD AT $3,000. Fair deal for a big project with no hope of a financial return. That said, if I were 20 years younger—and a New Jersey high school senior—I would have been freaking out about this auction. Not only would I have misperceived an opportunity, but I would have also felt like it was my duty to the universe at large to ‘save' all lost-cause project cars I encountered. Isn't it convenient how the smug hindsight of middle age so often justifies inaction? #260334282860-1960 VESPA 400 (3) coupe. S/N N/A. 2 baby blue and 1 mint green/. 4 Photos. Costa Mesa, CA. “There were 35,000 of these great cars built by Piaggio from the Vespa scooter family. Amazing top speed of 50 MPH with the 393cc 2 stroke air cooled engine that will easily give you a possible 50 MPG! As you can see we have three cars. There is body rust, some missing parts, one door loose, and one has no motor. Yes, one of the motors turns over by hand, it may run. I did not try. Two of the cars are US import one is European. There 114 are boxes of take off parts.” 8 bids, sf 770, bf 98. Cond: 5+. SOLD AT $7,600. How could you ever rationalize this purchase? Sure, $2,533 is reasonable enough for each complete project car, but $7,600 for three of them? If you waited long enough I'll bet you could find a nice #3+ example that needs nothing for this kind of money. And isn't that what you want in the end? Well sold in terms of units if not price. #170345923834-1961 FACEL VEGA FACELLIA (2) roadster. S/N A158. Primer/ black/black. 17 Photos. Naples, FL. “(2) Facel Vegas Facellia F2. The 1961 Facel Vega is complete all parts are there, drive train, trim, etc. but rusty. Front grill is like new. All stainless steel can be polished to look like new. Car has clean should be replaced if you do not wish to turn this into a parts car. Price includes hundreds of parts.” 3 bids, sf 0, bf private. Cond: 3. SOLD AT $1,750. In the American south, an all-you-can-eat buffet is simply called an “allyall,” and a two-forone sale is, well, a “2fer.” Although this sale was in the opposite corner of the lower 48, either of those contractions would make a fine personalized plate for these Trabis. Car A went for about half price, with Car B and the Communist car part allyall coming along for free. #220398090613-2008 DUCATI HYPERMOTARD (2) motorcycle. S/N ZDM1YACP48B006075. Red/black seat/. Odo: 715 miles. 14 Photos. Lakeway, TX. “You are buying one motorcycle and you get the other one absolutely free, no charge. Both basically stock, with some minor updates like turn signals, brake levers, carbon fiber covers etc. These bikes are my buddies and my personal bikes, we just roll and clear Florida Title. The other one is a 1959 Facel Vega Facellia F1 rolling chassis without motor, gear box or interior. Has very rare Hard Top with plexi window.” 8 bids, sf 18, bf 786. Cond: 5-. SOLD AT $4,050. The mother of all multiples? Finally, an interesting restoration around and pop wheelies and what not. Both bikes have good rubber all the way around, and both have had the 600 mile services. There's not a scratch on either bike. Full factory warranty. 2nd gear wheelies, all day long.” 1 But- Sports Car Market

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Online sales of contemporary cars. It-Now bid, so 22160, bf 39. Cond: 1-. SOLD AT $16,000. There are very few of these 2008s available used in the U.S. Maybe that simple supply-and-demand issue explains the fact that they were fully priced here? At $8,000 each, there was no volume discount whatsoever. #250424242694-1969 CHEVROLET CAMARO (2) coupe. S/N N/A. Blue & primer/ blue vinyl. 10 Photos. Northport, NY. X11 code might mean SS, but probably means ‘style group.' “Gray primer car is in rough condition needs a lot of metal work... has a Chevy 350 and turbo 350 tranny has most interior pieces, windows and regulators etc 10 bolt rear. blue car Fresh Meat 2010 Porsche 911 Turbo needs nose and a passenger floor plan... has new rockers, rear valance, car is solid... have a few parts what u see in the pics is what I got.” 18 bids, sf 53, bf 1. Cond: 5. SOLD AT $4,011. A shop class special. With all the parts and panels still being made for these iconic cars, you might not make money, but you sure could have fun trying to put Humpty Dumpty back together again. Being bid $500-plus over the reserve validates that logic. Fair deal for both parties. #160328953935-1993 CHEVROLET CAPRICE (2) sedan. S/N 1G1BL5379PR121842. White/blue velour. Odo: 180,000 miles. 24 Photos. Cisco, TX. “Retired police cars from taylor county sherrif's office. Both cars are a little dusty however they run perfect with no leaks anywhere and have 60lbs of oil pressure, a/c both work great blowing very cold. They are equipped with heavy duty everything from tranny to alternator... one has 245000 electric cars, (truck bed models.)” Paint crazed and sun-faded. “Just as the cars were when we picked them up at airport, all running condition, but need tweeked here and there... One parking light, two seat bottoms, part of a steering column, small dash piece, one of the ignition keys, all missing. One could be used as parts for other two. Or most likely all three can be up and running.” 1 Buy-It-Now bid, sf 286, bf 87. Cond: 4. SOLD AT $3,900. A very funny phrasing error has the seller accidentally suggesting a classic supply and demand problem: “Here is project for right person... Not too many of these in existence.” My thoughts exactly. Maybe ten years from now there will be lots of techie car enthusiasts who repair and modify old electrics, but today there just aren't many. So, while selling them Aretha Franklin style (‘Think, think, think, you think...') wouldn't normally be my prescription to maximize, it's probably the best tactic right now. #180359205493-1971 DINALPIN A110 (2) coupe. S/N 000415. Blue/black vinyl. 16 Photos. Morelia, Mexico. A nice looking pair of Mexican-built Renault Alpines. The coupe has the right color, stance and rims for rallying, whereas the cabrio (a rare one-year model) is bone stock with hubcaps on steelies. Both cars are very clean, but the engine bays look well used. 100% feedback seller wants to meet on the Mexican side of the U.S. border. $75k Buy-It- Date sold: 01/30/2010 eBay auction ID: 160397839291 Seller: Woodhouse Porsche, Omaha, NE, www.woodhouse. com Sale Type: New car with 7 miles VIN: WP0AD2A93AS766151 Details: Black/black leather, Sport Chrono Package, dynamic cornering lights, limited-slip differential lock, Porsche Ceramic Composite Brakes Sale result: $166,005, 14 bids, sf 31, bf private MSRP: $166,005 Other current offering: Auto Palace LLC USA, Pittsburgh, PA, www.auto-palace.com, asking $154,205 for similar black car without PCCB. 2010 Audi R8 Date sold: 01/27/2010 eBay auction ID: 250570722432 Seller: Potamkin Auto Gallery, North Miami Beach, FL, www.potamkinautogallery.com Sale Type: Used car with 1,834 miles VIN: WUADNAFG2AN000604 Details: Gray/gray. 5.2L FSI V10, 6-speed manual, quattro, navigation Sale result: $123,777, 1 bid, sf 12, bf private MSRP: $146,000 (base) Other current offering: Audi of Pembroke Pines, FL, www.audipembrokepines.com, asking $166,995 for blue car with 697 miles. 2008 BMW 135i Convertible one has 180000 both bodys are near perfect, no rust anywhere, good tires and spares. drive them anywhere.” 1 Best-Offer bid, sf 275, bf 226. Cond: 4+. SOLD AT $2,500. Cloth patrol car interiors baking in the Texas heat can only sing Lynyrd Skynyrd to me: “Ooh that smell. Can't you smell that smell? Ooh that smell.” Thus I say the price was right for status (not a supervisor's car), dirty condition, and high mileage. “... There's too much coke, and too much smoke...” Now you sing the chorus. #180331293496-2002 FORD THINK (3) pickup. S/N 1FABP215520107404. Blue & gray/gray vinyl. Odo: 2,000 miles. 10 Photos. Rancho Mirage, CA. “Three ‘Flight Support' April 2010 Now price. 4 bids, sf 275, bf 141. Cond: 3. NOT SOLD AT $36,100. BringaTrailer.com played host to a maelstrom of posts about this auction. Alternating volleys of NAFTA member country nationalism and quasi-racist generalizations painted a picture (a Frida Kahlo mosaic?) of why these cars came up short. Adventurous, “eat some carnitas tacos off a street cart, and pick up some percocets at a farmacia – you in the convertible and your attorney with the coupe,” or paranoid, “meet him on the Mexican side of the border, give him the cash, and he goes ‘adios, amigo,'” these bidders want at least a $25k discount for the importation hassle. ♦ Date sold: 10/22/2006 eBay auction ID: 120521908087 Seller ID: gt2gt700 Sale Type: Used car with 20,605 miles VIN: Black Sapphire /taupe leather/taupe soft top, Steptronic, Premium Package, gray poplar trim, warranty through 01.16.13 Sale result: $25,101, 37 bids, sf 15, bf private MSRP: $39,100 (base) Other current offering: Fields BMW Volkswagen, Daytona Beach, FL, www.fieldsbmwofdaytona.com, asking $36,995 for similar 2008 with 16,165 miles. ♦ 115

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ArizonA recAp ■ by the numbers Top 200 Cars Sold in Arizona* Charlie Ross (right) hammers sold the 1956 Jag D-type, high sale of the week at $3.74m with commission included RANK 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 116 SOLD PRICE MODEL $3,740,000 1956 Jaguar D-type Sports Racer $2,145,000 1959 Ferrari 250 GT Series I Cabriolet $1,815,000 1934 Duesenberg Model J Disappearing-Top Convertible Coupe $1,540,000 1932 Alfa Romeo 6C 1750 Series V Gran Sport $1,540,000 1936 Hispano-Suiza Type 68 J12 Cabriolet $1,100,000 1959 Lister Costin Jaguar Sports Racer $1,028,500 1965 Shelby Cobra 427 S/C Roadster $1,001,000 1963 Aston Martin DB4GT Coupe $825,000 1930 Duesenberg Model J Convertible Berline $777,600 1935 Duesenberg JN Rollston Convertible $737,000 1965 Ferrari 275 GTB Coupe $726,000 1927 Bentley 6½ Liter Sport Coupe $683,200 1929 Hamilton Metalplane H47 Serial #65 Airplane $660,000 1955 Mercedes-Benz 300SL Coupe $649,000 1948 Cadillac Series 62 Custom Cabriolet $632,500 1967 Shelby Cobra 427 Roadster $605,000 1937 Delage D8 120 Drophead Coupe $561,000 1931 Stutz DV-32 Speedster Phaeton $550,000 1932 Duesenberg Model J Tourster $528,000 1934 Rolls-Royce Phantom II Henley Coupe $528,000 1933 Rolls-Royce PII Continental 3-Position Drophead Coupe $522,500 1957 Mercedes-Benz 300SL Roadster $506,000 1930 Duesenberg Model J Arlington 5-Passenger Club Sedan $500,500 1932 Buick Series 90 Town Car $478,500 1964 Shelby Cobra 289 Roadster $451,000 1931 Rolls-Royce Phantom II Merlin Special $429,000 1938 Bugatti Type 57C Cabriolet $429,000 1956 Maserati A6G/54 Berlinetta $429,000 1965 Aston Martin DB5 Coupe $429,000 1954 Mercury XM-800 Dream Car $429,000 1963 Rolls-Royce Silver Cloud III Drophead Coupe $418,000 1965 Shelby GT350 Supercharged Prototype Fastback $410,000 1931 Cadillac 452A V16 Sport Phaeton AUCTION & LOT G&C, #16 G&C, #118 G&C, #9 G&C, #141 G&C, #127 G&C, #23 G&C, #132 RM, #129 G&C, #109 Kruse, #740 G&C, #160 G&C, #39 B-J, #1307 G&C, #144 G&C, #45 RM, #277 G&C, #13 G&C, #139 RM, #297 G&C, #123 RM, #249 G&C, #157 RM, #264 G&C, #134 B-J, #1317 G&C, #18 G&C, #122 G&C, #130 RM, #132 RM, #254 RM, #247 G&C, #43 G&C, #41 RANK 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 SOLD PRICE MODEL $407,000 1962 Aston Martin DB4 SII Coupe $401,500 1963 Shelby Cobra 289 Roadster $385,000 1929 Rolls-Royce Phantom I Ascot Tourer $385,000 1933 Chrysler CL Custom Imperial Dual Windshield Phaeton $374,000 1968 Ferrari 330 GTC Coupe $357,500 1934 Rolls-Royce Phantom II Continental Sedanca Drophead Coupe $352,000 1909 Pierce-Arrow Model 48SS Great Arrow 7-Passenger Touring $330,000 1958 Aston Martin DB Mk III Drophead Coupe $329,400 1930 Duesenberg Model J Willoughby Sedan $325,000 1916 Pierce-Arrow Model 66-A4 7-Passenger Touring $319,000 1961 Rolls-Royce Silver Cloud II Drophead Coupe $319,000 1966 Aston Martin DB6 Vantage Coupe $302,500 1935 Cadillac Series 40 Fleetwood Imperial Convertible $300,000 2011 Ford Mustang GT Glass Roof Coupe $291,500 1931 Chrysler CG Imperial Roadster $291,500 1971 Ferrari 365 GTB/4 Daytona Coupe $286,000 1970 Plymouth Hemi Superbird 2-Door Hard Top $280,500 1952 Watson Roadster Custom by Blastolene $275,000 2008 Ford Mustang FR500S Fastback Race Car $275,000 1970 Ford Mustang Boss 429 Fastback $275,000 1939 Packard Twelve Convertible Sedan $275,000 1958 Aston Martin DB Mk III Coupe $275,000 1962 Aston Martin DB4 Race Car $275,000 1930 Rolls-Royce Springfield Phantom I Salamanca by Hibbard $269,500 1965 Lamborghini 350 GT Alloy Coupe $264,000 1931 Bugatti Type 49 Cabriolet $264,000 1971 Ferrari 365 GTB/4 Daytona Coupe $258,500 1937 Kurtis Tommy Lee Speedster $253,000 1967 Ford Mustang Custom Fastback $253,000 1925 Bentley 3 Liter Tourer $253,000 1940 Packard Model 1807 Convertible Sedan $253,000 1959 AC Ace Bristol Roadster $253,000 1930 Cadillac V16 2/4-Passenger Convertible Coupe AUCTION & LOT G&C, #164 B-J, #1303 G&C, #145 RM, #295 G&C, #148 RM, #258 G&C, #173 RM, #119 Kruse, #735 RM, #263 G&C, #30 RM, #139 B-J, #1265 B-J, #1295.1 G&C, #156 G&C, #29 B-J, #1289 B-J, #1292 B-J, #1027 B-J, #1283.1 G&C, #20 RM, #120 RM, #123 RM, #306 G&C, #105 G&C, #31 RM, #228 G&C, #52 B-J, #1287 G&C, #112 G&C, #7 RM, #126 RM, #276 *Does not include Russo and Steele, which has not reported prices as of this printing Sports Car Market

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RANK 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 April 2010 SOLD PRICE MODEL $247,500 1956 Chevrolet Bel Air Custom Convertible $247,500 1966 Shelby GT350 Fastback $242,000 1954 Mercedes-Benz 300S Roadster $239,250 1941 Lincoln Zephyr Custom 3-Window Coupe $231,000 1970 Plymouth 'Cuda 2-Door Hard Top $226,240 1970 Oldsmobile 442 W30 Convertible $225,500 1956 Cadillac Maharani Special Motorama 4-Door Hard Top $225,500 1959 DeSoto Adventurer Convertible Coupe $225,500 1958 Porsche 356A Speedster $220,000 1937 Cord 812 Phaeton $220,000 1954 Kaiser-Darrin Supercharged Convertible $220,000 1958 Chevrolet Corvette 350 Convertible $220,000 1968 Ferrari 206 GT Dino Coupe $220,000 1959 Cadillac Eldorado Biarritz Convertible $220,000 1958 Cadillac Eldorado Biarritz Raindrop Motorama Convertible $214,500 1966 Shelby GT350 Fastback $214,500 1970 Ford Mustang Boss 429 Fastback $209,000 1936 Packard 1404 Super Eight Dual-Windshield Phaeton $209,000 1935 Lincoln Model K Convertible Roadster $203,500 1930 Packard 740 Custom Eight Sport Phaeton $203,500 1962 Porsche 356 Carrera 2 Coupe $200,000 1990 Coors Extra Gold Top Fuel Dragster Replica $200,000 2008 Chevrolet Corvette Coupe Limited Edition $198,000 1966 Chevrolet Corvette LS3 Custom Convertible $198,000 1937 Cord 812 SC Phaeton $198,000 1937 Cord 812 SC Sportsman Convertible Coupe $198,000 1931 Packard 840 DeLuxe Eight Sport Phaeton $194,700 1957 Chevrolet Corvette 283/283 FI Convertible $192,500 1971 Plymouth Hemi 'Cuda 2-Door Hard Top $192,500 1939 Chrysler C-24 Custom Imperial Parade Phaeton $192,500 1933 Packard Model 1004 Super Eight Coupe Roadster $192,500 1956 AC Ace Roadster $192,500 1961 Aston Martin DB4GT Zagato Replica Race Car $192,500 1934 Packard Super Eight Sport Phaeton $192,500 1937 Packard Twelve Convertible Victoria $187,000 1967 Maserati Mexico Speciale Coupe $187,000 1969 Ford Mustang Boss 429 Fastback $181,500 1960 Chevrolet Corvette 283/290 FI Convertible $181,500 1937 Rolls-Royce Phantom III Cabriolet $181,500 2003 Saleen S7 Coupe $181,500 1967 Shelby GT500 Fastback $180,200 1932 Ford Custom Show Roadster $180,200 1956 Chrysler Custom 2-Door Sport Wagon $179,280 2004 Maybach Limousine 4-Door Hard Top $176,000 1966 Mercury Comet Funny Car $176,000 1955 Chevrolet Nomad Custom 2-Door Wagon $176,000 1970 Ford Mustang Boss 429 Fastback $176,000 1963 Facel Vega Facel II 2-Door Hard Top $176,000 1948 Mercury Marmon-Herrington Station Wagon $170,500 1965 Chevrolet Corvette 327/365 Convertible $170,500 2003 Aston Martin DB AR1 Roadster $170,500 1956 Aston Martin DB2/4 Mk II Coupe $170,500 1993 Jaguar XJ 220 Coupe $169,400 2006 Ford GT Coupe $168,000 1968 Shelby GT500 KR Convertible $168,000 1930 Ford Model A “John Dillinger” Coupe $167,200 1955 Chevrolet Corvette Roadster $165,000 2006 Ford GT Coupe $165,000 1958 Cadillac Eldorado Biarritz Convertible $165,000 1955 Chevrolet Bel Air 2-Door Post $165,000 1959 Aston Martin DB Mk IIIB Coupe $162,400 1970 Plymouth Superbird 2-Door Hard Top $161,700 1967 Chevrolet Corvette 427/435 Convertible $161,700 1967 Chevrolet Corvette 427/435 Convertible $161,700 1959 Cadillac Coupe DeVille Raymond Loewy Custom $161,700 1968 Shelby GT500 Convertible $159,500 1967 Shelby GT500 Fastback AUCTION & LOT B-J, #1286 B-J, #1302 G&C, #35 B-J, #1261 B-J, #1285 B-J, #1269 RM, #253 RM, #241 RM, #268 B-J, #1250.1 B-J, #1253.1 B-J, #1278.1 G&C, #129 RM, #243 RM, #256 B-J, #1266 B-J, #1283 G&C, #162 RM, #259 G&C, #153 G&C, #15 B-J, #1247 B-J, #1318 B-J, #1248.1 G&C, #36 RM, #285 RM, #274 B-J, #1257.2 B-J, #1313 G&C, #149 G&C, #115 RM, #135 RM, #134 RM, #289 RM, #244 G&C, #10 RM, #282 B-J, #1263 G&C, #102 G&C, #24 G&C, #103 B-J, #1310 B-J, #1311 Silver, #312 B-J, #1306 B-J, #1315 B-J, #1319 G&C, #126 RM, #260 B-J, #1259 G&C, #138 G&C, #119 G&C, #38 B-J, #1059 B-J, #1278 B-J, #1309 B-J, #1332 B-J, #1236.1 B-J, #1258 B-J, #1325.1 RM, #124 B-J, #1270 B-J, #1267 B-J, #1271 B-J, #1295 B-J, #1323.1 B-J, #1033 RANK 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 SOLD PRICE MODEL $159,500 1967 Ford Mustang Fastback $159,500 1970 Oldsmobile 442 W30 Convertible $159,500 1969 Chevrolet Camaro COPO Coupe $159,500 1948 Chrysler Town and Country Convertible $159,500 1973 Ferrari 246 GT Dino Coupe $159,500 1947 Ford Super Deluxe Sportsman Convertible $156,750 2001 Ferrari 550 Barchetta $156,750 1933 Auburn Twelve Convertible Sedan $156,200 1968 Shelby GT500 KR Convertible $154,000 1953 Packard Caribbean Convertible $154,000 1931 Aston Martin 1½-Liter International 2/4-Seater $154,000 1961 Jaguar XKE SI Convertible $151,250 1967 Ferrari 330 Barchetta Replica $150,700 1967 Chevrolet Nova 2-Door Hard Top $150,700 1957 Chevrolet Bel Air Custom Pro 57 2-Door Hard Top $150,700 1969 Chevrolet Camaro COPO Coupe $148,500 1961 Chevrolet Impala SS Convertible $148,500 1989 Ferrari Testarossa Coupe $148,500 1969 Chevrolet Camaro Trans Am Race Car $148,500 1933 Lincoln KB Panel Brougham $145,750 1940 Packard 110 Station Wagon $145,750 1960 Chrysler 300F Convertible $143,000 1935 Ford 3-Window Custom Coupe $143,000 1968 Shelby GT350 Fastback $143,000 1956 Chevrolet Bel Air Convertible $143,000 1969 Chevrolet Corvette 468 Custom Convertible $143,000 1954 Arnolt-MG Drophead Coupe $143,000 1936 Cord 810 Convertible Coupe $140,800 1934 Ford Custom Woodie Station Wagon $140,250 1958 Cadillac Eldorado Biarritz Convertible $137,500 1958 Chevrolet Impala Convertible $137,500 1966 Chevrolet Corvette 427/450 Convertible $137,500 1970 Plymouth Hemi Superbird Custom 2-Door Hard Top $137,500 1933 Chrysler Imperial Sedan $137,500 1992 Ford Thunderbird NASCAR Race Car $137,500 1967 Chevrolet Corvette 427/400 Convertible $137,500 1955 Facel Vega FV1 2-Door Hard Top $137,500 1960 AC Aceca Bristol Coupe $137,500 1935 Auburn 851 SC Cabriolet $137,500 1929 Packard 645 Deluxe Eight Dual Cowl Phaeton $134,200 1969 Chevrolet Camaro Z/28 Coupe $132,000 1940 Packard 110 Custom Convertible $132,000 1966 Chevrolet Corvette 427/425 Convertible $132,000 1936 Ford Custom Roadster $132,000 1950 Mercury Convertible $130,000 2009 Dodge Challenger SRT Richard Petty Serial #0001 $129,250 2001 Bentley Azure Mulliner Convertible $128,800 1930 Cadillac 353 Convertible $128,800 1958 Chevrolet Impala Convertible $126,500 1967 Chevrolet Camaro Custom Coupe $126,500 1961 Chevrolet Corvette 283/245 Convertible $126,500 1999 Shelby Series 1 Convertible $126,500 1954 Jaguar XK 120M Roadster $126,500 1963 Rolls-Royce Phantom V Limousine $126,500 1937 Ford Custom Convertible $126,500 1970 Shelby GT500 Convertible $124,020 1969 Ford Mustang Mach 1 Fastback $123,750 1935 Cadillac V12 Town Cabriolet $123,750 1963 Ford Galaxie 500 Factory Lightweight $123,750 1957 Jaguar XKSS Replica by Temporo $123,200 1967 Chevrolet Corvette 427/435 Coupe $121,000 1957 Ford Thunderbird “E” Convertible $121,000 1961 Chevrolet Corvette 283/315 FI Convertible $121,000 1966 Oldsmobile F85 Deluxe 442 2-Door Hard Top $121,000 1935 Auburn 851 SC Sport Coupe $121,000 1999 Bentley Continental SC Coupe $121,000 1959 Chevrolet Corvette 283/270 Convertible AUCTION & LOT B-J, #1260 B-J, #1276 G&C, #4 G&C, #108 G&C, #6 RM, #261 G&C, #33 RM, #248 B-J, #1288 B-J, #1328.1 RM, #138 RM, #286 G&C, #21 B-J, #738.1 B-J, #1261.1 B-J, #1321 B-J, #1252.1 B-J, #1333 G&C, #167 G&C, #26 G&C, #151 RM, #250 B-J, #1252 B-J, #1253 B-J, #1256 B-J, #1269.1 G&C, #3 RM, #283 B-J, #994 RM, #239 B-J, #1009 B-J, #1245.1 B-J, #1255 B-J, #1265.2 B-J, #1266.1 B-J, #1351 G&C, #11 RM, #142 RM, #275 RM, #279 B-J, #1245 B-J, #1245.3 B-J, #1260.2 RM, #216 RM, #302 B-J, #1277 RM, #128 B-J, #1250.2 B-J, #1342 B-J, #734 B-J, #1041.1 B-J, #1324 G&C, #37 G&C, #147 RM, #299 RM, #252 B-J, #1008 RM, #290 RM, #287 RM, #137 B-J, #1314 B-J, #991 B-J, #1005 B-J, #1039 G&C, #1 RM, #127 RM, #304 117

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Bike Buys MV Agusta America MV Agusta 750S America—Shafted by the Count The old story is that Count Agusta wanted to handicap privateers who might have used chain-driven, 4-cylinder MVs against him on the track by Ed Milich M lowed, V Agusta emerged after World War II as a premier competitor in grand prix motorcycle racing. Prior to the war, the company made airplanes, but Italy's impoverished economy in the late 1940s prompted it to manufacture cheap two-wheeled transportation in order to survive. However, racing pursuits foland with them dozens of World Championships with riders like Giacomo Agostini, Mike Hailwood, Phil Reed, and John Surtees. Fueled by the wealth and power of its patron, Count Domenico Agusta, MV Agusta was recognized for race-bred machines with a penchant for exquisite design. The 4-cylinder production MVs derived from almost two decades of prior factory racebike development. The first 4-cylinder production bike—the 600 Four—arrived in 1965 and was displayed at the Milan motorcycle show. The MV's DOHC design predated its similar Japanese competition (notably, the Kawasaki Z1) by around seven years. Development of this model continued until 1980, when displacement reached 789 cc, and the design had evolved into the organic, aesthetic majesty of the 750 Sport America. Not born to race It's worth noting that the MV production models were never intended as racers or even café racers. Rather, they were meant as “standards”—exclusive, gentlemanly bikes to be used for everything from errands to weekend rides to touring. To this end, the MV fours originally used a relatively complicated shaft drive. The old story is that Count Agusta wanted to handicap privateers who otherwise might have used his machines against him. But the shaft drive really may have been intended to eliminate the messy roller chains of the era. The MV four motors are all oversquare, with bore Details Perfect MV Agusta Owner: Orders wine and motorcycle parts in Italian with equal fluency. SCM Five-Star Rating Fun to ride: Ease of maintenance: Appreciation potential: Attention getter: Years produced: 1969–77 Number produced: 1,865 approx. Original list price: $3,500 approx. in 1971 SCM Valuation: $60,000 Tune-up cost: $100 DIY Engine: 600 cc (1966–70); 743 cc (1970–75); 789 cc (1975–80) Transmission: 5-speed, wet clutch Weight: 539 lb dry Engine #: Right side, near distributor Frame #: On frame rail under seat Colors: Black; red/blue/white; red/white/ silver More: www.mvagusta.it; www.mvownersclub.co.uk SCM Investment Grade: A 118 increased from 58 mm to 67 mm over time, while stroke remained 56 mm. Engine bottom ends are built-up units with roller mains, needle bearing crank journals, and one-piece rods. Twin overhead cams are driven from the crankshaft by a removable gear set. Unlike Japanese machines, the cylinder barrels use four separate castings. The cylinder head is a single casting, with two valves per cylinder. The 5-speed transmission is a cassette-style unit that can be removed completely via a side panel. The starter and generator systems are combined into a single belt-driven unit located under the transmission. The cylinders are fed by four Dell'Orto carbs, and ignition is via Bosch automotivestyle distributor. Early bikes used a Grimeca four-leading-shoe front brake and then eventually Scarab brakes. Compared to its later Japanese 4-cylinder competition, the MV is a stiletto of a machine; it's both lighter and better handling. The bikes are slightly hefty at 530 lb, but handling is very competent and top speed is around 130 mph. Sensible upgrades will significantly improve the performance and enjoyment of MV fours. Legendary MV factory race tuner Arturo Magni has produced a number of excellent performance-oriented upgrades over the years. Magni's tank, bodywork and fairing kits replicate many of the period factory racing pieces. Magni's chain conversion kit fixes the cumbersome shaft drive assembly by replacing the entire engine side casting and the rear differential. This highly recommended upgrade lightens the machine greatly and enables easy gearing changes. Magni's gracefully sculpted racing exhaust systems also beautifully complement the MV's lines. The dry clutch kit, EPM light alloy and magnesium wheels, and other racing-inspired components are still available from the storied Italian tuner (www.magni.it). Big improvement over the '60s bikes As gaudy as the early 1970s 750 America looks, it was a huge improvement over the 1965–70 MV 600 Four. These were black and clunky, with the heft (and jumbo headlight) of a Munch Mammut, a stepped cruiser seat, and the chrome tank/rubber side panels treatment of a 1960s Honda Hawk. Indeed, only 135 were sold. The 750S America reversed all that with a red, white, and blue color scheme and giant, bulbous red seat. I'd argue that the definitive machine is the 750S America of 1975–1980, which features a sculpted tank and bodywork and a fully realized design, not to mention more displacement and better brakes. While the early bikes are rare oddities, the later ones gradually became handsome and usable. With such low production numbers, it is difficult to categorize common problems on these machines. Southern California SCMer Cory Muensterman has used his '75 750 Sport as an errand runner and weekend blaster for the entire seven years he's owned it, with a minimum of issues. Some final drive failures have been noted, and such a case would be an excellent opportunity to upgrade to the simpler Magni chain system. Bottom ends on these machines are very stout. Any MV Four owner who does not initially speak Italian would be advised to take some lessons, if only to order parts from the homeland. Soon after the release of the 750S America, the MV Agusta motorcycle division disappeared. Count Agusta, the guiding force behind the company, had died in 1971, and it seemed that the last ambitious design of the 750S America was also a last economic gasp. It wasn't until the Castiglioni brothers—the force behind Cagiva— resurrected the company in 1997 that the Agusta name re-emerged, further cementing the monumental status of the MV Agusta 4-cylinder production machines. For more history, check out www.mvagustausa.com. ♦ Sports Car Market

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“The best Corvette magazine out there!” —Terry Michaelis, President, Pro Team Corvette 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 877.219.2605 x 204 Vintage Advertising Prints 13" x 19"; Just $15.95. Available online at www.sportscarmarket.com

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Mystery Photo Answers Comments With Your Renewal Thanks for an entertaining Multiple National Corvette Ruination Society and Bloomington Orange Winner. —Lorrie Peterson, Brooks, GA RUNNER-UP: Chris Bangle channels his childhood dreams of Harley Earl.—Gary Francis, Chico, CA SCMers beware! Those are NOT factory-correct C1 wheels! Bid with caution.—Kick Wheeler, New Milford, CT If you think about it, there's a reason why this Mako Barracuda is one of one.—Erik Olson, Dublin, CA From the manufacturer of aftermarket products whose slogan reads, “Like the smell of gasoline, we make bolt-on stuff some people kinda like.”—Troy Giles, Delafield, WI This early Larry Shinoda ex- ercise was promising enough for GM bigwigs, and would later become the much vaunted Opel GT for 1968.—Glen Burger, New York, NY Hatchvette job.—Lawrence J. Gitman, La Jolla, CA With all those years of success Oscar Meyer had with its Weiner Mobile, the folks at Orange Julius thought, “Why not us?”—Billy Hufnagel, Placentia, CA The new MTV series “Pimp My Vette” was fortunately dropped after one pilot and one build.—Bob Peterson, Brooks, GA Great glasswork, Enrique. Mind if the 'Vette Club guys come over and do a parts hunt in your dumpster?—Daniel Brenzel, Menlo Park, CA The Corvette C1.5, in ZOrange Metallic.—Norman Vogel, San Francisco, CA Whatever it is, it probably rhymes with orange.—Dan Faustman, Elk Grove, CA Butterface.—Pete van Hattem, SeaTac, WA Because she knows a highly decorated car when she sees one, Lorrie Peterson wins a soon-tobe-collectible official SCM cap. ♦ This Month's Mystery Photo publication.—Dave White, South Boston, VA Keep on keepin' on.—James P Dawson, Columbus, OH I look forward to this publication every month.—Todd Legeer, East Rochester, NY Thoroughly enjoyable.—Ken Nicks, State Road, NC I can't get enough; please double the content.—Steve Moseley, Wayzata, MN I find your coverage of the low end of the market (sub $15,000) the most interesting and certainly the most attainable—so I'm sure that is a large part of the appeal. You read those and find yourself thinking, “Wow if I had only been there, I could own that!” More barn find stories would be welcome.—S.J. Hotze, St. Louis, MO. Ah yes, the “If only” game. We find ourselves playing that game at least five times a week around the office.—KM Great publication; keep up the good reporting.—John Linfesty, Santa Monica, CA Great mix, great read, and to those who don't like the motorcycle section, don't read it.—Antonio San Martin, Elmendorf, TX I'd like to see more copy and auction results about non-sports cars from the '40s, '50s, and '60s.— Marc Zuckerman, Bryn Mawr, PA Keep up the good work. I enjoy the columns of opinion about various cars and technical reports on common repairs.—Robert Hurt, Washington, DC Don't change a thing. Great magazine.—Brian Balladares, Rancho Palos Verdes, CA Keep up your analysis on market growth on “realistic” values, as well as those $1m-plus Ferraris.—Bill Coffin, Evergreen, CO. The last 18 months have certainly kept us on our toes, but it's nice to see some light at the end of this economic tunnel.—KM Still loving the magazine. I love the articles on cars under $50k. And the fright pigs that are included.— William Hockett, Spokane, WA Continue your honest and some- times courageous writing.—Jim Green, Shawnigan Lake, British Columbia, CAN Keep reporting the facts on our industry. Opinions are for politicians. However, if you want to start pumping Austin-Healeys, have at it.—Patrick Lind, Iowa City, IA. I wondered why there was an extra $5 bill included with your renewal!—KM Look forward to it every Response Deadline: March 25, 2010 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 month… keep up the good work.— Oliver Seligman, Forest Hill, NY Less foreign and more U.S. antiques. Alfa Bits is really getting old, now just recycled words.— Murray D. Stahl, Rochester, NY And thanks to all of you for your thoughtful comments and your renewals.—Keith Martin ♦ Sports Car Market

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SCM Showcase Gallery Sell Your Car Here! Includes SCM website listing. Showcase Gallery Full-Color Photo Ad Just $44/month ($66 non-subscribers) Text-Only Classified Ad Just $15/month ($25 non-subscribers) 4 ways to submit your ad: Web: Visit sportscarmarket.com/classifieds-post.php to upload your photo (300 dpi jpg) and text, or text only. Secure online Visa/MC payments. E-mail: Send photo (300 dpi jpg) and text, or text only, to scmadvert@sportscarmarket.com. We will call for your VISA/MC. Fax: Attention Showcase, to 503.253.2234 with VISA/MC. Snailmail: Showcase, PO Box 4797, Portland, OR 97208-4797, with VISA/MC or check. 25 words max, subject to editing. Deadline: 1st of each month, one month prior to publication. Advertisers assume all liability for the content of their advertisements. The publisher of Sports Car Market Magazine is not responsible for any omissions, erroneous, false and/or misleading statements of its advertisers. balanced, port-matched, ccd, etc. Excellent driver. All mods, modern AC, Blaupunkt sound. A superior example. $34,500. Call/email Richard Hollander for details. 816.506.7711 or richardhollander@ mindspring.com (MO) 1969 McLaren M6GT Prototype S/N 1980421002702. Quality restoration. Euro headlights, big brakes, fitted luggage, manual pack. Ready to be used and enjoyed $560,000. Fantasy Junction, sales@fantasyjunction.com; www.fantasyjunction.com. 510.653.7555. (CA) 1962 Porsche 356B T6 Twin Grille Roadster S/N BMR M6GT-1. Only factory built M6GT existent. Road going CanAm car. Ex-Bruce McLaren. Rarest McLaren ever offered for sale. $975,000. Fantasy Junction, sales@fantasyjunction.com; www.fantasyjunction.com. 510.653.7555. (CA) English 1967 Austin-Healey 3000 Mk III rallys, tours, or just for weekend cruising. $75,000/ offer. Matthew L. deGarmo Ltd. 203.852.1670. Web site: deGarmoLtd.com. 1967 Jaguar XKE convertible 1964 Triumph Herald convertible Exceptionally well restored, rare, matching numbers example. HPC engine. Certificate of Authenticity. Tools. Records. $180,000. Fantasy Junction, sales@ fantasyjunction.com; www.fantasyjunction.com. 510.653.7555. (CA) 2006 Porsche Cayman S 3800 miles. Balsat black metallic/sand. Carbon interior, PASM, Chrono+, PCM, htd seats, rear wiper, clear bra, more. No winters. Perfect $38,500. mbrubin18@gmail.com. 1964 VW Beetle Convertible Late production, Matching numbers, BHIHT certificate. Very original, low mileage. Fresh restoration by marque specialist, Fourintune Garage (WI) $85,000. See more at www.fourintune.com or call 262.375.0876 1936 Bentley 4¼ Liter Aero Sports Saloon 4.2L open two seater. Absolutely mint. In Jaguar club 20 years, complete with 5 each spoke wheels extra. Removable top and car cover included. New paint (maroon) and good (black) leather interior. No rust. $75,000 (set). Call 360.730.1424 and ask for Skip. Email gsdarch5@aol.com (WA) 1960 MG A 1600 Original paint, 100% complete. New high quality tan interior. New top, tires, and exhaust. Good driving car. Fresh paint would make this a lovely car. $6,900. Call John at 505.660.7777. (NM) French 1988 Citroën 2CV Charleston A one of a kind design by the coachbuilder Gurney Nutting, this car was featured in the book “Speed and Luxury, The Great Cars” by noted car expert Dennis Adler. Shown at the Pebble Beach Concours in 1995 and at the National Rolls-Royce Meet. One of the most unique Derby Bentleys ever built. Contact Charles Crail at 805.568.1934 or www .charlescrail.com 1963 Jaguar XKE 3.8 Coupe Black plate California car restored to true 100% factory correct concours condition. All matching numbers, original colors of Bahama blue, white interior, white top. All original books, tools. A flawless car, fully sorted to drive as new. $39,000/Offer. Matthew L. deGarmo Ltd. 203.852.1670 Web site: deGarmoLtd.com. 1995 restoration with 1800 motor and five-speed. Very good paint, top, upholstery, documentation. No rust, no problems, no vices. A joy to show/drive. NM car. $24K firm. Don Holle, 505.281.7460. 1971 Jensen Interceptor II 14,000 original miles. Original paint, interior, tires, everything! Absolutely the best 2CV you'll ever see. Runs perfectly, needs nothing. Looks great, runs great. $25,000.00. Call Bill Young at 707.939.8173 or email billyoung1228@aol.com. (CA) German 1960 Mercedes-Benz 300SL A spectacular California car finished in black with black leather. All matching numbers. Original books, tools, spare, jack. Perfect mechanicals, gorgeous cosmetics. Ready to perform flawlessly on 48,000 summer miles; 2000cc injected; 5 speed; leather; FM-CD Player; Power Windows; New cover; Pirelli tires; overall excellent condition $9,500.00. email: dan@rushlaw.us Located: Kennebunk, Maine. Over 100K invested. Rotisserie resto. Second owner, total 68,000 miles. Massive power-blueprinted, The world's largest collector car price guide basedon over 500,000 sold transactions from . Updated weekly. www.collectorcarpricetracker.com For the collector who needs to know what things are selling for, right now. Take your free test drive today. 122 Sports Car Market Italian 1986 Alfa Romeo Spider Veloce

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SCM Showcase Gallery 2001 Ferrari Barchetta 550 1953 Siata 208S 1965 Chevrolet Corvette coupe 1964 Oldsmobile 98 convertible S/N BS523. Ex-Steve McQueen. Fully restored. Epifani engine. Eligible for events world class events. Original manuals. $1,295,000. Fantasy Junction, sales@fantasyjunction.com; www.fantasyjunction .com. 510.653.7555. (CA) 2,500 miles. Car is absolutely immaculate. Tour de France Blue with interior blue leather. Car was featured at the New York Guggenheim Museum. It was the chosen car by Ferrai to celebrate 50 years of partnership between Ferrari and Pininfarina. Featured at the Rosso Ferrari magazine in October 2001. Car has been since maintained in climate controlled garage. $230,000. Contact jdemacedo@ msn.com or George at 770.367.4415. 1973 Iso Grifo 1 of 1,500 produced. Titanium gray with saddle brown. Nardi wood wheel plus special aftermarket features. All records. Exceeds showroom condition and never in the rain. Less than 2,800 miles! $20,000 firm. Call David at 828.368.0133 or 828.512.7901. (NC) ZF 5 Speed, A/C. Only 34 built with 351 cu in Ford Cleveland V8. Subtle restoration on RUST FREE body 06-08. Only 21,000 original miles. History documented from new. Drive anywhere or show it! $220,000.00. Serious enquiries to : isogrifo@gmx .de; isogrifo@gmx.de. 1955 Lancia Aurelia Spyder America American 1964 AC 289 Cobra Good title. Chopped, windshield in place, Nova sub, new fenders, chrome, gauges, etc. Needs completion. Choice -327, R4, or Allante engine and chassic. $13,500. Call Terry at 330.544.0242. Approx. 29 exist of the RHD model of the 59 built. This is a lightweight all Aluminum body in excellent condition ready for restoration. Will make great vintage racer or rally car. Chassis in good restored shape. No Rust. Engine out and dissembled. Needs all internals for rebuild, Pistons, valves, etc. Dual Webber Carbs. “Nardi”. Like new Borrani Wires and correct Michelin X400 tires. Seats covered in cream leather and good condition. Some parts already chromed. Gauges in good condition. Suspension and brakes rebuilt. New seals and bearings. Some missing parts. $375K as is or $575K restored in choice of color combo. Contact richardpowers54@gmail.com or phone: 506.8817.3057. (Costa Rica) 1973 Maserati Bora A very well documented car with one owner from new until 1999. 49,000 original miles; Mechanically all original; paint and leather redone per factory original. Fully serviced, fully sorted. A great car for show or touring. Comes with original top and side curtains. Call for details. Matthew L. deGarmo Ltd. 203.852.1670. Web site: deGarmoLtd.com. 1958 Cadillac Eldorado Biarritz Convertible Yellow/blk, second owner for 29 yrs, 15k on full rebuild and restoration, non-numbers matching, show winner, Asking $48.8k, details at www .classicpromenade.com or call 951.325.8590 or 951.440.0412. (CA) 1935 Packard 1201 Convertible Victoria Dietrich Body In the right color. One of 815 manufactured. 365-ci V8 Tri-power triple carb, Sabre wheels. It's all there. Same owner for many years. Older restoration still showing well, 2-. $90,000. Contact Ben at 503.913.6024. 1949 Chevrolet DeLuxe 3800 7000 miles from new and in absolutely superb condition. Always maintained to the highest standard for a great driving experience. All hydraulics perfect. Dark blue metallic, white interior, documented service. $95,000. Matthew L. deGarmo Ltd. 203.852.1670. Web site: deGarmoLtd.com. Brilliant Red Finish with tan leather interior. This massive rare classic is powered by a 320ci Straight eight flathead engine with a 3-speed manual transmission. Call about restorations. $135,000 Contact Greg at 440.668.2556. (OH) Panel, museum piece. Frame-off restoration. Radial tires, oak bed, radio, correct seats, rare trim, 70 miles. $47,500. Call 208.659.8258 or email classicgarage@mac.com. 124 1970 Mustang BOSS 302 Just off rebuild by renowned Bill Andrews of HRE Motorcars. New 660HP NASCAR drive train. Street legal, show winner. Comparable CSX 427R lists for $300K. Black exterior, 370 CI, 660HP engine, Jericho NASCAR 4-speed transmission, Fiberglass body with aluminum hood, doors, trunk and interior. Appraised for $130,000; sell for $95,000. Contact vnmar@verizon.net or 914.912.0526. (NY) 1968 Shelby GT500 KR convertible Japanese 2002 Mazda Miata Special Edition Very rare original car, hydraulic brakes, runs good. Best of show awards. $52,000. Contact Bill King at 425.487.0077 or email picturesqueland@aol. com (WA) 1941 Ford Convertible A true concours quality recreation with mind blowing, pavement ripping performance. A really spectacular car with all fiberglass coachwork, true show quality paint; 500 hp V8, Ford top loader, Jaguar independent rear suspension. Super low miles. Will sell for a fraction of cost new. Please call for details. Matthew L. deGarmo Ltd. 203.852.1670. Web site: deGarmoLtd.com. 1965 Hi-Tech 427R Cobra 327/300 4 speed. Unrestored,owned since 1981, documentation, POP, original manuals. $79900.00. Email Terry at tnj001@shaw.ca or call 250.658.2395 1934 Dodge Woodie On frame restoration, no rust. Perfect chrome, stainless, restored to stock. #2 car. $22,500 OBO. Call 314.434.8822 (MO) 1965 Cobra by Unique Motorcars 1 of 183. Professional rotisserie restoration, auto trans with only 11,476 original documented miles.$190k. Large collection of Boss and Shelby Mustangs available, for more information on this Shelby and the entire collection please contact Sean Mossgrove at 616.856.2395 or moosespeed@ hotmail.com. Race IROC Z-28 SCCA Camaro Road Race Car The most car you could possibly buy for the money. Fresh race eng., Muncie 4-speed, full cage, flame out fire system, fuel safe cell, full race suspension, PBR brakes, new harness and net ect., ect. Price reduced to $6,500! Too much to list- Track/race ready! 805.466.1015 or automojo@hughes.net. Sports Car Market

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

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RESOURCE DIRECTORY Advertise in the SCM Resource Directory. Call 877.219.2605 x222 for information, e-mail: scmadvert@sportscarmarket.com. Auction Companies Artcurial-Briest-Poulain-Le Fur. 33.1.4299202, 33.1.42292021. Maison de vente aux enchères, 7, Rond-Point des Champs Elysées, 75008 Paris. artcurial@auction.fr www.artcurial .com. (FR) 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 Barrett-Jackson Auction. 480.421.6694, 480.421.6697. For nearly four decades, the BarrettJackson 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, Barrett-Jackson 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) RM Auctions, Inc.. 800.211.4371, Carlisle Collector Car Auctions. 717.243.7855, 1000 Bryn Mawr Road, Carlisle, PA 17013. Spring and Fall Auctions. High-line cars cross the block. Hundreds of muscle cars, antique, collector, and special-interest cars, trucks, and motorcycles. Real Cars. Real Prices. www.carlisleauctions.com. (PA) 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. 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 AuGooding & Company. 310.899.1960, 310.899.0930. Gooding & Company offers its international 126 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., Legendary Motorcar Company. 905.875.4700, North America's premier muscle car center, specializing in restoring and trading the finest and rarest American muscle cars. We are the home of Speed TV's “Dream Car Garage.” We are a professional, discreet, and fair buyer for your quality American muscle. www.-legendarymotorcar.com. Shelby American Automotobile Club. 860.364.0449, 860.364.0769. PO Box 788, Sharon, CT 06069. Over 5,000 members, 50 regions throughout the world. Dedicated to the care 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. 334455, +44 8458 334433. The Motor House Lyncastle Road Warrington England. WA4 4BSN www.handh .co.uk. (UK) The Worldwide Group. 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) 866.273.6394, Established by John Kruse and Rod C. Egan, The Worldwide Group— Auctioneers, Appraisers and Brokers —is one of the world's premier auction houses, specializing in the procurement and sale of the world's finest automobiles and vintage watercraft. www.wwgauctions.com. (TX) Tom Mack Classics. 888.TOM. MACK, PO Box 1766, Indian Trail, NC 28079. Three annual auctions in Charlotte, NC: April, September, and January. Selling Southern muscle, collector, and antique cars with experience and integrity for 24 years. North Carolina auction license 4017. www.tommackclassics.com. (NC) Alfa Romeo Jon Norman's Alfa Parts. 510.524.3636, 1221 Fourth Street, Berkley, CA 94710. Large selection of parts from 1900 series to Milano. Efficient, personal service. 510.525.9435. (CA) Gooding & Company. 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 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. (CA) 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) Oklahoma City, OK 73114. Rocky: rockydb5@sbcglobal.net. (OK) and preservation of the cars that Carroll Shelby produced. Two national conventions a year, semi-annual magazine, bi-monthly newsletter as well as a registry. (CT) Silver Auctions. 800.255.4485, 2020 N. Monroe, Spokane, WA 99205. silver@silverauctions.com. www.silverauctions.com. (WA) Appraisals 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) Sports Car Market

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Buy/Sell/General 2shores International. 920-945- 0450, 920-945-0450. International marketing services for collector cars. New Showroom in the US! Take advantage of our experience in the global collector market. Based in Wisconsin, working worldwide. Connecting buyers and sellers of collectible automobiles in a global marketplace since 1990. We put our market knowledge to work for you. Call Jurgen today! www.2-shoresclassics.com. (WI) ing models from pre-war through 1960s. Successfully brokering Mercedes-Benz, 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) 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 AcWoodies USA. 480.694.7929, We buy and sell great woodies - hundreds to date. If you are buying or selling give us a call. We can help. Woodies are fun! Every car collection should have at least one. Located in Scottsdale, Arizona. www.woodiesusa.com. (AZ) 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) Classic Car Transport Motor Auto Express, Inc.. 360.661.1734, Enclosed Transport. MAX cares for what you care for. We offer Personal, Private, Professional services with liftgate loading for your vehicles. Please contact Randy McKinley, Owner. maxiet@gmail .com. (WA) Collector Car Insurance cident 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 972254615. The world's largest organization of AC owners and enthusiasts. AC ownership not required. Monthly magazine. (OR) Lotus Motorcars of Long Island. 631.425.1555, Factory authorized Lotus dealer. All models welcome, regardless of age. All services as well as our current inventory of new & pre-owned automobiles for sale can be seen at www.autosportdesigns. com. www.autosportdesigns.com. (NY) >Aston Martin of New England. Chubb Collector Car Insurance. 1 Classic Showcase. 760.758.6199, 760.758.0600. sales 760.758.6100. Full-service restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fit; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase.com, www .classicshowcase.com. (CA) 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. (866) CAR-9648, The Chubb Collector Car Insurance program provides flexibility by allowing you to choose the agreed value and restoration shop. Broad coverage includes no mileage restrictions and special pricing for large schedules. For more information contact us at 866.CAR.9648 or www.chubbcollectorcar.com. 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.astonmartinlotus.com. (MA) 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 AUTOSPORT DESIGNS, INC.. Grundy Worldwide. 800.338.4005, With 60 years of experience in servicing and preserving the collector vehicle hobby, Grundy provides “The Gold Standard” of insurance, offering the most options to you: Agreed Value, No Model Year Limitation, Unlimited Mileage, and coverage options for Spare Parts, Trip Interruption, Towing and Labor Costs, Inflation Guard, and Auto Show Medical Reimbursement. Fast, immediate quotes. www.grundy.com. (PA) Paul Russell and Company. 978.768.6092, 978.768.3525. Since 1978, offering restoration and sales of classic European sports and tour- April 2010 Heacock Classic. 800.678.5173, We understand the passion and needs of 631.425.1555, All Aston Martin models welcome regardless of age, as new inevitably become old! Routine servcing-complete mechanical restorations/rebuilds - Cosmetic repair/ paintwork to complete frame off restoration - Large inventory of parts. All services as well as our current unventory of automobiles for sale can be seen at www.autosportdesigns. com. (NY) Motoring Investments. 619-238- 1977, Award winning restorations, brokerage, sales & locating. Vintage German, Italian & British Mercedes specialist - SL, Pagoda & other models “Our website is a virtual buyer's guide for the 280SL.” www.motoringinvestments.com. Randy Simon. 310.274.7440, 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) 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) Kevin Kay Restorations. 530.241.8337, 1530 Charles Drive, Redding, CA 96003. Aston Martin parts, service, repair, and restoration. From an oil change to a concourswinning 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) VeloceSpace. 408.441.7788, VeloceSpace (408) 441-7788 “Specializing exclusively in rubber and upholstery products for Ferrari, Lamborghini, Alfa Romeo, and 127

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RESOURCE DIRECTORY Advertise in the SCM Resource Directory. Call 877.219.2605 x222 for information, e-mail: scmadvert@sportscarmarket.com. Maserati; we also stock classic M-B and Porsche. Our source is the original Italian factory that manufactured these parts for your car in the ‘50s and'60s, hence our products' perfect fit and quality. Visit our website at www.velocespace.com, or e-mail us at info@velocespace.com for more information. www.velocespace.com. Garage/Tools Baldhead Cabinet Company. 877.966.2253, Offering a fine selection of quality metal garage cabinets suitable for shop and residential garage applications. SS and custom colors available. Many modules to choose from. Call for a custom quote and drawing. See ad in this issue. www.baldheadcabinets.com. (CA) German Inspections Legendary Motorcar Company. Automobile Inspections LLC.. 860.456.4048, “When you need the job done right.” The nation's premier provider of pre-purchase inspections on classic, exotic and specialty cars of any year, anywhere in the USA or Canada. Fast 72-hour turnaround! Hartford, CT. www.automobileinspections.com. (CT) Parts and Accessories 905.875.4700, You may have seen our award winning, show quality restoration. Our 55,000 sq ft facility is specialized in extreme high-end restorations of rare American muscle cars. www.legendary-motorcar.com. (ON) cializing exclusively in rubber and upholstery products for Ferrari, Lamborghini, Alfa Romeo, and Maserati; we also stock classic M-B and Porsche. Our source is the original Italian factory that manufactured these parts for your car in the ‘50s and'60s, hence our products' perfect fit and quality. Visit our website at www.velocespace.com, or e-mail us at info@velocespace.com for more information. www.velocespace.com. Performance Restoration. Griot's Garage. 800.345.5789, The ultimate online store for automotive accessories and car care products. www.griotsgarage.com. (WA) WeatherTech® Automotive AcClassic Showcase. 760.758.6199, 760.758.0600. sales 760.758.6100. Full-service restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fit; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase.com, www .classicshowcase.com. (CA) cessories . 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 Mercedes-Benz Classic Center. 1-866-MB-CLASSIC, The center of competence for classic MercedesBenz enthusiasts – for vintage car sales, meticulous restorations by manufacturer-trained technicians and the widest selection of Genuine Mercedes-Benz Classic Parts, we are the source. www.mbclassiccenter .com. (CA) ReinCARnation Auto. 719.632.9999, We offer premier restoration services with over 45 years of experience specializing in muscle, British, and German autos. Our services include full rotisserie restorations, rust replacement, complete mechancal and award winning paint work. We provide daily photo updates of your project online so you can experince every detail of your projects restoration no matter where your location. View our work at www.reincarnationauto.com - Our quality speaks for itself. www.reincarnationauto.com. 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) Vintage Events The Healey Werks. 800.251.2113, Doc's Jags. 480.951.0777, 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. 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) 712.944.4940. Premier automobile restoration company specializing in exotic, European and classic cars. Complete structural and body reconstruction, upholstery, worldclass paint/refinishing, engineering, prototyping and mechanical services. Transport and logistical services available. www.healeywerks.com. (IA) 440.968.3655, High-quality paint, body, mechanical service. Discreet installation of a/c, cruise control, superchargers. Stock restorations done to exacting standards. Clean, well-equipped shop. Near I-90 since '96. We finish your projects. supercharged@alltel.net. (OH) Sports and Competition Morris and Welford. 714.434.8562/203.222.3862, We operate an international specialist historic car consultancy and brokerage company based on both the East/West Coasts of the US and the UK offering specialist brokerage services of important historic cars to buyers and sellers throughout the world. www .morrisandwelford.com. (CA/CT/ United Kingdom) Muscle Car 1000. 949.838.7076, VeloceSpace. 408.441.7788, VeloceSpace (408) 441-7788 “Spe- October, 2010. 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) ♦ 128 Sports Car Market

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Carl Bomstead eWatch Replica of a Replica Breaks the Bank 1908 Vanderbilt Cup hood ornament possibly mistaken for awards banquet miniature trophy, and sells for astonishing $2,550 Thought Carl's What's a nickel worth in these weird economic times? In 1978, one was worth $200,000 to Jerry Buss, the owner of the Los Angeles Lakers, as that's what he paid for one of the five known unique 1913 Liberty Head nickels. The nickel, which was featured in an early “Hawaii Five-O” episode, has since changed hands a number of times and when recently offered at auction by Heritage Auction Galleries, it sold for an astonishing $3,700,000. I think I'll pay a little closer attention to the change in my pocket. EBAY #330388018580—1954 MILLE EBAY #380191099351— 1959 GLIDDEN TOUR RADIATOR BADGE. Number of Bids: 10. SOLD AT: $57.51. Date Sold: 1/2/2010. The original Glidden Tour took place between 1902 and 1913 and was revived by the VMCCA in 1946. It has been held ever since and is now sponsored by the AACA. The badge has an image of the original Glidden trophy and a map of the tour route. An interesting item for badge collectors that sold for a reasonable price. EBAY #130349668418—1914 CALIFORNIA PORCELAIN MOTORCYCLE LICENSE PLATE. Number of Bids: 10. SOLD AT: $837.50. Date Sold: 12/14/2009. Early California motorcycle plates were shaped to fit the rear fender; they're highly coveted and usually sell for about what was paid here. Seller stated he found the plate while digging for bottles at the site of a turn-of- the-century bordello out- house in Bakersfield, California. I don't want to think how it ended up there. MIGLIA PROGRAM. Number of Bids: 3. SOLD AT: $503.56. Date Sold: 1/01/2010. This program, which was not in the best of condition, came from the famed Mille Miglia race that was sponsored by the Automobile Club Brescia. In 1954, the race was won by Alberto Ascari driving a Lancia D24. The buyer stepped up on this one, as it sold in the range of the far more desirable 1955 program, when the event was won by Stirling Moss and Denis Jenkinson in a Mercedes-Benz 300SLR. EBAY #190354664995—SAMPLE BOTTLE OF CHI-NAMEL AUTOMOTIVE LACQUER POLISH. Number of Bids: 2. SOLD AT: $11.61. Date Sold: 12/22/2009. There must have been a jillion different types of automotive polishes offered in the '20s and '30s, and most of them had interesting graphics. The paper label on this sample bottle was in excellent condition and showed a man polishing his '20s sedan. An interesting display of these containers can be acquired for a moderate sum, as the more graphic sell for about what was paid here. It goes to show that not all the good stuff costs an arm and a leg. EBAY #330388366020— 1908 VANDERBILT TROPHY. Number of Bids: 15. SOLD AT: $2,550. Date Sold: 12/29/2009. The 1908 Vanderbilt Cup was won by George Robinson driving a Locomobile, and these little replicas of the actual cup get a bit confusing. At the awards dinner held at the Stratfield Hotel in Connecticut on November 9 that year, attendees were presented with a sterling silver replica of the trophy. These are now very desirable and extremely expensive. Locomobile commemorated its victory by offering two replica versions of the cup as pewter hood ornaments. The version without the radiator cap sold for $1.50 and Locomobile claimed to have sold more than 900. What was offered here was the hood ornament, and perhaps due to the confusing description, it sold for a fortune. EBAY #380184585057—1947 INDIANAPOLIS 500 SIGNED AWARD DINNER MENU. Number of Bids: 19. SOLD AT: $470. Date Sold: 12/13/2009. This menu was from the 31st Indianapolis 500 award dinner and was signed by numerous drivers, including Wilbur Shaw and Jimmy Jackson. It was in excellent condition and complete with the insert that listed the top ten finishers and their prize money. A unique piece of Indy 500 history that sparked a lot of interest. Expensive but—and regular readers will already know what I'm about to say now—go find another one. EBAY #120497383503—TIME GASOLINE PORCELAIN SIGN. Number of Bids: Buy-It-Now. SOLD AT: $3,650. Date Sold: 12/20/2009. This double-sided sign was six feet tall and one side was in excellent condition, the other off a bit. The sign sold for the going rate, but the earlier 10-to-2 version sells for about double what was paid here. The company was founded in Las Vegas, and legend says the sign was changed to 10-to-1 to maintain a gambling theme. Others claim it was due to Dr. Pepper objecting, as it conflicted with their logo. Regardless, good luck, yes, here it comes again, finding another one. 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