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WORLD RECORD WEEK Keith Martin's $184m Exclusive, Comprehensive Results From Arizona Sports Car Market The Insider's Guide to Collecting, Investing, Values, and Trends SuperAmerica SuperPrice Ferrari $1.8m ™ SCOTTSDALE ROUNDUP $2.9m Tucker and $4.6m Gullwing — Has the World Turned Upside-Down? Ken Gross and Simon Kidston Give the Backstory Barrett-Jackson, Gooding, RM, Russo and Bonhams Pick Their Arizona Favorites DIGITAL EXCLUSIVE! FEATURING VIDEOS OF SELECT VEHICLES CLASSIC CAR MAGAZINE IN THE VOTED THE BEST WORLD www.about.com

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Sports Car Market Keith Martin's JOIN US The Insider's Guide to Collecting, Investing, Values, and Trends 54 1956 Lancia Aurelia B24S convertible April 2012 . Volume 24 . Number 4 60 1967 Fiat Abarth TC Berlina Corsa IN-DEPTH PROFILES What You Need To Know FERRARI (VIDEO) 46 1957 Ferrari 410 Superamerica Coupe by Scaglietti — $1,815,000/RM Early Ferraris are hot, and the nearly $500k jump 0671SA made from 2007 to 2012 confirms the trend Steve Ahlgrim ENGLISH (VIDEO) 52 1929 Bentley 4½ Litre Dual Cowl Sports Tourer — $2,145,000/ Gooding The real the point here is the money paid for our subject car, which comes from a market that is increasingly willing to pay a premium for originality Paul Hardiman ETCETERINI (VIDEO) 54 1956 Lancia Aurelia B24S convertible — $561,000/Gooding This sale is further proof that in the current market the best sets its own level, regardless of what the comparables might say Donald Osborne GERMAN (VIDEO) 56 1955 Mercedes-Benz 300SL alloy Gullwing — $4,620,000/ Gooding This Mercedes was on the market in 2008 for around $1.2m. An offer of $2.5m was made on this car before the auction. So how do we get to $4.6m? Simon Kidston AMERICAN (VIDEO) 58 1931 Chrysler CG Imperial Convertible Victoria — $522,500/RM Auctions can be unpredictable, but it always takes at least two bidders to move a car upward in price. In this case, the buyer was prepared to go to at least $600,000, but his lower bid won Carl Bomstead RACE (VIDEO) 60 1967 Fiat Abarth TC Berlina Corsa — $46,800/Bonhams It is Italian, and there aren't a lot of them out there, so there is a certain panache and exclusivity to it Thor Thorson 10 RM AUCTIONS 100 Phoenix, AZ: $1.8m 1957 Ferrari Superamerica leads a $25.6m total at the Arizona Biltmore Carl Bomstead RUSSO AND STEELE 114 Scottsdale, AZ: Once the dust settled, more than 400 cars found new homes for $19m, up from last year's 379 sold Sam Stockham McCORMICK 124 Palm Springs, CA: McCormick raises the bar in Palm Springs, selling 358 cars for $5.9m ROUNDUP 132 Cars from around the U.S. bring $22.9m in October through January Phil Skinner, Carl Bomstead, B. Mitchell Carlson EBAY MOTORS 148 What happens when a new engine drives the sale Chad Tyson Cover photo: Darin Schnabel © 2011, courtesy of RM Auctions Text SCM to 22828 FREE weekly newsletter ISSN 2164-3555 (online issue) Sports Car Market GLOBAL AUCTION COVERAGE 207 Cars Examined and Rated at 11 Sales BARRETT-JACKSON 64 Scottsdale, AZ: Six days, 1,288 cars, $90m in sales. Staggering event, staggering numbers Dan Grunwald BONHAMS 76 Scottsdale, AZ: Bonhams' first Scottsdale sale achieves $6.8m at the Westin Kierland Resort & Spa Michael Leven GOODING & COMPANY 88 Scottsdale, AZ: The Scottsdale Auction totals $39.6m, with 98% of its lots sold Donald Osborne

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Looking back at the Arizona auctions COLUMNS 14 Shifting Gears Two coasts, two weekends, 5,000 collector cars for sale Keith Martin 30 Affordable Classic Julia Roberts in “Pretty Woman” did for the Lotus Esprit what “Goldfinger” and Sean Connery did for the Aston Martin DB5 Steve Serio 32 Legal Files Updates on legal cases connected with the 2010 Arizona Auction Week windstorm, the FBI Ferrari F50 crash, Tim Durham and John O'Quinn's car collection John Draneas 50 Sheehan Speaks While most of the cars at auction sell at market prices, sellers go in the hope that they might get that elusive, over-the-market price, like the 330 GTC at Russo and Steele's Scottsdale sale made Michael Sheehan 162 eWatch Paradise found: $1m for a 1793 penny in great condition, and $5,400 for a 1917 license plate from Hawaii Carl Bomstead FEATURES 34 Arizona Recap: Auction company principals pick their favorite cars from the 2012 sales 36 Arizona Recap: Robert Cumberford offers his first-timer observations from Scottsdale 40 Arizona Recap: SCMers get an insider's view at RM and Gooding 42 Ken Gross — Collecting Thoughts: 1948 Tucker Model 48 Torpedo sells for nearly $3m DEPARTMENTS 16 Crossing the Block / Auction Calendar 18 The Inside Line: Portland Swap Meet, Bell Lexus Copperstate 1000, California Mille, Spring Carlisle Collector Car Swap Meet & Corral 20 Contributors: Get to know our writers 22 You Write, We Read: Will the younger generation ever get hooked on car collecting? 24 Display Advertisers Index 26 Time Pieces: Patek Philippe Gondolo Calendario 26 Neat Stuff: Race tracks for your wall, jackets for your back 28 In Miniature: 1958 Scarab Mk I and Mk II Roadster 28 Book Review: BMW: Ultimate Drives Volume 1: 1937–1982 74 Fresh Meat: 2011 Mercedes-Benz SLS AMG coupe, 2010 Porsche Panamera Turbo, 2009 Chevrolet Corvette ZR1 SCM Digital Bonus 12 Additional Seat Time contributions, videos and images are available in this issue's Digital Edition, included with every print subscription. To sign up for your Digital Issue, go to www.sportscarmarket.com/ digital or call 503.261.0555 Ext. 1 150 Mystery Photo: “That'll buff right out...” 151 Our Cars: 1970 SAAB 96 V4 “Baja” Factory Competition Car 151 Comments with Your Renewal: “No two vintage cars are ever the same, so drop the “correctness” B.S.” 152 Showcase Gallery: Cars for sale 158 Resource Directory: Meet your car's needs Sports Car Market 34 Jim Pickering

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Shifting Gears Keith Martin Two Coasts, Two Weekends, 5,000 Cars (where else can you take a break from bidding on a car and play the slot machines, as you can at the Fort McDowell Casino?). This issue has the most complete wrap-up and analysis of the Arizona auctions you'll find anywhere. I suggest you get very comfortable before you start reading the market reports, as you won't be able to put down this issue until you are done. Gators and 'Cudas This year, there was no R&R after Scottsdale. Dana Mecum is a feisty guy, and if measured by number of cars offered at auction during the past 24 years, has built America's largest auction company. Audaciously, he put his auctions on the Velocity Channel by buying the broadcast time — and that strategy has worked to make his company a household mass-media name nearly on par with Barrett-Jackson. Mecum has often commented to me that his Kissimmee auction, Move Over Power Approaching Rapidly “T o Infinity, and Beyond!” That's how I felt as I left Scottsdale, AZ, where 2,694 cars had crossed the block, and headed to Kissimmee, FL, where another 2,326 consigned vehicles were looking to find new owners. For 25 years, attending the January auctions in Scottsdale has been a fixture in the SCM calendar and in my personal life. A detective could easily determine my profession by looking at my Outlook calendar — there, along with the birthdays, anniversaries, first-day-of-school reminders and dog-vaccination updates, are recurring items such as “book tickets to Scottsdale.” In the same color-keyed category, you'd find “renew Pebble Beach apartment, make arrangements for Concorso Italiano, book flight to Fall Auburn, rent car for Bloomington Gold, secure tickets to LegoLand for Bradley while emcee of La Jolla Concours d'Elegance” and so on. This year there was a new addition, “Make arrangements to go to Mecum Kissimmee after Arizona.” First, Scottsdale Let's start with the desert. Auction week in Arizona was fun. Unlike the past few years, when everyone was wondering whether the other shoe was about to drop and whether the world would decide that collector cars just didn't matter anymore — so Ferrari GTOs would suddenly be worth $5,000 — the buoyancy of Monterey 2011 carried over to Scottsdale. Most notably, Barrett-Jackson decided to get back into the million- dollar-car business, and the cars it offered as “Salon” consignments were bid out of the park. $2.9m for a Tucker? $2.2m for a steel Gullwing? Not bad for an auction company that some said should just focus on sub-$250,000 muscle cars. I have long felt — and written — that Barrett-Jackson held on to its “no reserve only” policy for too long, and had not recognized the changes in the collector car market that came with the downturn in 2007. Simply put, in perilous financial times, sellers want to be able to protect their cars by putting reserves on them. Every other auction company offers sellers the option of a reserve — and a further option of pulling that reserve, on the auction block, once the seller gets a sense of where the real money is. I hope that Barrett-Jackson views the success of its Salon cars as an incentive to be more liberal in allowing sellers to set reserves. In any event, it's good to see B-J once again playing in the top tier of the auction world. I managed to get to every auction. We shot several episodes of “What's My Car Worth?” at Gooding (the show is now one of the topfive-rated car properties on Velocity Channel), RM continues to hold court at the Arizona Biltmore, Russo has a new paved area that greatly enhances the bidder experience, Bonhams made a modest entry into the scene, and Silver continues to own the affordable sector of the market 14 which occurs the weekend after Scottsdale, never got the attention or respect it deserved. It's easy to understand why — after all, Arizona auction week is made of six auction companies, including everything from the boutique sales of Gooding and RM to the Barrett-Jackson extravaganza, with 250,000 in attendance and millions watching on SPEED channel. But there's a first time for everything, and this was my year to expe- rience Mecum Kissimmee. One of Mecum's headline auctions, it had 2,326 cars on offer. I arrived on Thursday, spent Friday and Saturday kicking tires and talking with subscribers to SCM and American Car Collector, and came home on Sunday. I accidentally bought a 500-ci, 700-hp Hemi-powered '63 Dodge 440 two-door Post on Saturday night, but more on that below. The lineup at Kissimmee was typical of most Mecum sales, where American cars are in abundance and sports and imports are scarce. (Look for a complete report on this auction in the next issue of ACC.) With the (very satisfying and successful) debut of American Car Collector, suddenly we have a publication that is a natural fit for the cars that Mecum had for sale. The ACC staff has been clamoring for a few cars of their own, decrying the Volvo 1800 ES and the Alfa GTV as “those fussy little things with pistons the size of thimbles.” They asked me to look for a car that “a real man would drive.” On Saturday night, I had said farewell to Dana and was ready to leave, sans muscle car, when Lot S274 rolled into the on-deck circle. A pristine, 45,000-mile Dodge 440 with mostly original paint and interior, it had been tastefully and expensively made into a 700-hp resto-mod car capable of “running 10.8s at the strip and then going out to dinner with my wife,” according to the builder and seller, Gary Spencer, of Troy Spencer & Sons in Dover, DE. With nearly $100,000 spent to create the car, it was exquisitely finished and ready to go. Most Dodges from this era are junk, with horrible paint jobs and gutted interiors. This car was different. It was a no-sale at $30,000. I got Dana's attention and offered $35k plus commission, and the deal was done. Reliable Carriers is the official transporter for Mecum auctions, so 10 days later, one of their trucks rolled up to Sports Car Market and American Car Collector World Headquarters in Portland, and for just about $40k all-in, we had thunder in the basement garage. I've only driven it around the block, but the other tenants in our building are already complaining about the racket and shaking floors when we fire it up, which has to be a good thing. The ACC gang has got great plans for the car, and as it has a cage certified for nine-second runs, they are figuring out how to get that extra horsepower out of the aluminum Hemi. You can read about its future exploits in ACC — and I want to go on record as saying the rumor circulating around our offices that the Alfas, Volvo, Porsche and Lotus all dribbled coolant on themselves when the Dodge took its space in the garage is simply not true. They just inadvertently let a little air escape from their tires. ♦ Sports Car Market

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Crossing the Block Tony Piff Last year: 143/271 cars sold / $3.2m This classy auction is held in historic downtown Branson, MO. The auction draws about 300 cars from a variety of genres, most selling under $20k. Pre-war classics stand side-byside with muscle, mid-century classics and Euro sports and luxury tourers. 1962 Oldsmobile Super 88 at Tom Mack — Spring Fling 2012 Barrett-Jackson—Palm Beach 2012 Where: West Palm Beach, FL When: April 5–7 More: www.barrett-jackson.com Last year: 378/432 cars sold / $15.8m This annual sale runs three days and sees nearly 500 cars from every genre. Restored muscle is always very well represented, along with well-executed customs, European luxury cruisers and Italian exotics. Average price per car at this sale last year was $42k. Mecum—Houston 2012 Where: Houston, TX When: April 13–14 More: www.mecum.com At this inaugural sale, count on Mecum to bring a few hundred cars, with American muscle the dominant theme. The star cars are a 1969 Chevrolet Chevelle with 427/425 and 4-speed; a 1969 Chevrolet Camaro SS; a 1968 Chevrolet Chevelle SS 396 with 4-speed, sold new at Nickey Chevrolet; and a 1970 Plymouth AAR 'Cuda, equipped with factory “J code” Trans Am package, 1970 date-coded 340 V8 and Six Pack. Tom Mack—Spring Fling 2012 Where: Charlotte, NC When: April 19–21 More: www.tommackclassics.com This annual sale takes place alongside the Spring Fling car corral at the Metrolina Expo in Charlotte. The featured early consignments include a 1957 Pontiac Star Chief convertible; a frame-off restored 1959 Ford Skyliner retractable hard top with “everything” new; a 1965 Studebaker Commander sliding-roof Wagonaire; a 1968 16 Chevrolet Impala Super Sport convertible, equipped with power steering and power disc brakes, documented with full history; and a resto-modded 1962 Oldsmobile Super 88 station wagon, customized with 455 V8 built to 1969 Oldsmobile 442 specs, rebuilt Turbo 400 transmission with B&M shift kit, power disc brakes, power steering and more. Vicari—New Orleans Classic Auto Festival Where: New Orleans, LA When: April 20–21 More: www.vicariauction.com This second-annual sale, held at Mardi Gras World, is proud of its “Nawlins” flavor. Star cars include a 1990 Ferrari Testarossa; a 1957 Chevrolet 150, set up and used as a drag car all its life with less than 300 accumulated miles total; and a 1970 Dodge Challenger R/T, with matching numbers, 383 V8, 4-speed, a/c, pistol grip and more. Leake/Dan Kruse Classics—San Antonio Where: San Antonio, TX When: April 20–21 More: www.leakecarauction.com Last year: 132/246 cars sold / $2.3m Leake and Dan Kruse Classics team up for this longrunning three-day sale. Expect a strong mix of heartland muscle and classics in restored and original condition at a range of five-digit prices, alongside plenty of interesting imports and foreign cars. The Branson Auction Where: Branson, MO When: April 21 Classic Motorcar Auctions—Novi Spring Classic Where: Novi, MI When: April 21–22 Where: Novi, MI Featured early consignments at the Novi Spring Classic include all manner of American collectibles. Among the star cars are a 1951 Dodge Kingsway two-door station wagon; a 1969 Ford Mustang Boss 429; and a CCCA-winning 1947 Cadillac series 62 two-door sedanette, in French Grey and Seine Blue, upgraded with power rack-andpinion steering, power disc front brakes and tastefully installed air conditioning. Auctions America by RM—Spring Carlisle Where: Carlisle, PA When: April 26–27 Last year: 149/272 cars sold / $2.7m Between 250 and 300 cars will cross the block at this long-running sale, now hosted by Auctions America by RM. The sale has a good reputation for affordable classics, and the early headliners include a 1969 Ford Mustang Mach 1 fastback clone and a 1973 Plymouth Road Runner. ♦ 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: chad.tyson@sportscarmarket.com. APRIL MARCH 3—BONHAMS Oxford, U.K. 3—SPECIALTY AUTO Loveland, CO 3—DAN KRUSE CLASSICS Smithville, TX 5—SHANNONS Melbourne, AUS 6—COYS London, U.K. 7—BRIGHTWELLS Herefordshire, U.K. 9—GOODING & CO. Amelia Island, FL 10—RM Amelia Island, FL 16–18—AUCTIONS AMERICA BY RM Ft. Lauderdale, FL 24—COYS Essen, DEU 29–31—MECUM Kansas City, MO 30–31—SILVER Portland, OR 31—CLASSIC MOTORCAR AUCTIONS Akron, OH 31—SPECIALTY AUTO Brighton, CO 5–7—BARRETT-JACKSON Palm Beach, FL 13–14—MECUM Houston, TX 14—MECUM Walworth, WI 13–15—COLLECTOR CAR PRODUCTIONS Toronto, CAN 17—BARONS Surrey, U.K. 19—H&H Duxford, U.K. 19–21—TOM MACK Charlotte, NC 20–21—VICARI New Orleans, LA 20–21—LEAKE/DAN KRUSE CLASSICS San Antonio, TX 20–21—BRANSON Branson, MO 21—COYS Ascot, U.K. 21–22—CLASSIC MOTORCAR AUCTIONS Novi, MI 26–27—AUCTIONS AMERICA BY RM Carlisle, PA 28—CHEFFINS Cambridge, U.K. 28—VANDERBRINK Grand Island, NE 30—BONHAMS Hendon, U.K. MAY 5—WORLDWIDE Montgomery, TX 9—SILVER Spokane, WA 11—COYS Monaco 11–12—RM Monaco 12—VANDERBRINK Sioux Falls, SD 15–20—MECUM Indianapolis, IN 16—SILVERSTONE Northamptonshire, U.K. 16—BRIGHTWELLS Herefordshire, U.K. 19—BONHAMS Newport Pagnell, U.K. 19—VANDERBRINK Buffalo, MN 24—H&H Buxton, U.K. 29—BARONS Surrey, U.K. Sports Car Market

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Inside Line Chester Allen Send news and event listings to insideline@sportscarmarket.com. ■ No one can imagine what Bell Lexus Copperstate 1000 Industry News ■ Barrett-Jackson auctioned off donated cars and raised almost $5.9m for more than 20 national and local charities at its January 15–22 auction in Scottsdale, AZ. Collectible cars and other vehicles, including SCMer Jay Leno's New Holland tractor, crossed the block for charity. Leno's tractor sold for $535,000. Barrett-Jackson waived all fees and commissions for charity sales. www.barrett-jackson.com. (AZ) ■ Gordon McCall, the mastermind of The Quail: A Motorsports Gathering, a Pebble Beach Concours d'Elegance judge and a longtime SCMer, will run Barrett-Jackson's newly created “Salon Offering Collection” division. Salon Offerings are Barrett-Jackson's high-end cars that are auctioned with a reserve price. www. barrett-jackson.com. (AZ) ■ The 22nd Annual Bell Lexus Copperstate 1000 rolls out of Diablo Stadium in Tempe, AZ, on April 15, and, by the time the driving ends on April 18, driver teams and their cars — all built before 1974 — will cover at least 1,000 miles of the Southwest's best twisty two-lane roads. Police escorts will keep things safe and brisk for the 75 Events ■ We wouldn't miss the 48th Annual Portland Swap Meet from April 13 to 15 — even if it rains every day. Come to think of it, there always is a good chance of rain in Portland, OR, in April. Six local car clubs sponsor the event, which features more than 4,200 vendor stalls — and more than 50,000 shoppers — and is now the largest auto parts swapmeet on the West Coast. Admission is $7, and savvy shoppers bring along little red wagons to tote those heavy parts. www. portlandswapmeet.com. (OR) cars and their two-person driving teams. Mechanics will also be on hand to keep the cars on the road. The $5,800 fee covers just about everything one car and two drivers will need over four days on the road. www.copperstate1000.com. (AZ) ■ Martin Swig's annual California Mille, now in its 22nd year, is one of the most popular driving events in the world of vintage cars. Many participants return year after year, and who could blame them for developing an addiction for leaving San Francisco's posh Fairmont Hotel for four days of driving over Northern California's best roads? This year's event, which runs from April 29 through May 3, features two nights at Lake Tahoe and two nights at the Solage Hotel & Spa in Calistoga. This event is famous for fabulous wine, friendship and food. $6,000. www.californiamille.com. (CA) ■ Steve Austin's Great Vacations Car Tours have added a new program for 2012. The “Le Mans Classic” bi-annual Historic Races at Le Mans includes a pre-race program of visits to the Normandy Beaches, Mont St. Michel and the Loire Valley. Tour days are July 2-9. The tour also includes an optional Goodwood Festival of Speed add-on. Austin is also offering his eighth tour for the “Monaco Historics & Mille Miglia” in May and “England & the Goodwood Revival” in September. Visit www.steveaustinsgreatvacations.com or call 503.824.4079. ♦ 150 acres and 8,100 booths jammed full of collector cars, collector car parts and car collectors really looks like, so all you can — and should — do is head to the Spring Carlisle Collector Car Swap Meet & Corral from April 25 to 29 and bask in the delightful excess. Collectors kick tires at a 2,000-car corral, roam all the booths and, of course, bring enough money to bring home the treasures. Spring Carlisle is a must-see, must-do event. SCM and ACC are now partners with Carlisle and are producing their programs. Admission $10 Wednesday through Saturday, $5 on Sunday. A five-day pass is $30. Children age 8 and younger get in free. www.carlisleevents.com. (PA) 48th Annual Portland Swap Meet 18 Spring Carlisle Collector Car Swap Meet & Corral Sports Car Market

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SCM Contributors ROBERT CUMBERFORD, SCM contributor, has pursued parallel career paths for more than 50 years, first as a car designer, then as a writer specializing in design. The first car made to his sketches — a one-off known as the Parkinson Jaguar Special, which is still vintage racing — was done when he was 15 years old. At 19, he was a General Motors designer, working chiefly on Corvettes, and he had been published in national magazines. From 1958 onward, he has been an independent designer, working for major car manufacturers in Europe and the U.S. and for small-volume specialists. He taught transportation design at the Art Center College of Design, is the editorialist for Italy's Auto & Design magazine and has written a popular car design column for Automobile Magazine for 25 years. This issue brings his first feature piece for SCM — a car designer's thoughts on the 2012 Arizona Auction Week on p. 36. He also takes a practiced eye to the design of the 1957 Ferrari 410 Superamerica by Scaglietti on p. 48. SIMONKIDSTON, SCM contributor, hails from an old motor-racing family. He began his automotive career in 1988 at Coys and was running the auction department three years later. In 1996, he co-founded and ran Brooks (now Bonhams) Europe in Geneva, staging the annual Les Grandes Marques à Monaco sale in Monte Carlo and creating the Ferrari winter auction in Gstaad. Kidston now operates a consultancy for car collectors based in Geneva. He is the official presenter at the Mille Miglia and Villa d'Este concours, a judge at Pebble Beach, and has hosted motoring shows on Smithsonian Networks. You'll find his profile of the high-flying sale of a 1955 Mercedes-Benz 300SL alloy Gullwing on p. 56. MARK WIGGINTON, SCM contributor, grew up as a track-rat teen at Riverside Raceway and is now the manager of Portland International Raceway, which he considers honest work after 25 years in daily newspapers as both a writer and an editor. He has extensive experience in karts, on team timing towers at endurance sports car races, and he knows his way around both the press room and the manufacturer's hospitality chalet. When he's not overseeing day-to-day operations at PIR, he's reviewing books for SCM, and his knowledge of the automotive industry, his familiarity with racing's many forms, his writer's wit, and his editorial eye make him the perfect car guy for the job. This month you'll find his take on BMW: Ultimate Drives Volume 1: 1937–1982 on p. 28. KEN GROSS, SCM contributor, has been an auto writer for 38 years. His words have appeared in Playboy, AutoWeek, Hemispheres, The Rodder's Journal, Street Rodder and Hot Rod Magazine. He wrote the award-winning TV series “Behind the Headlights,” and his books include Hot Rods and Custom Cars, Los Angeles and the Dry Lakes: The Early Years, Art of the Hot Rod, Hot Rod Milestones and The Allure of the Automobile. He was curator of the Allure of the Automobile exhibit at the Portland Art Museum during the summer of 2011. He was director of the Los Angeles-based Petersen Automotive Museum and has judged at Pebble Beach for 20 years. In this month's Collecting Thoughts on p. 42, he examines the surging values of Tucker Model 48 cars. 20 Sports Car Market Publisher Keith Martin keith.martin@sportscarmarket.com; 503.261.0555 x 210 Executive Editor Chester Allen chester.allen@sportscarmarket.com; 503.261.0555 x 203 Art Director David Tomaro david.tomaro@sportscarmarket.com; 503.261.0555 x 202 Managing Editor Jim Pickering jim.pickering@sportscarmarket.com; 503.261.0555 x 208 Digital Media Director Jeff Stites jeff.stites@sportscarmarket.com; 503.261.0555 x 202 Auctions Editor Tony Piff tony.piff@sportscarmarket.com; 503.261.0555 x 206 Data Analyst Chad Tyson chad.tyson@sportscarmarket.com; 503.261.0555 x 207 Copy Editor Yael Abel 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), Prescott Kelly (Porsche), Michael Sheehan (Ferrari), Thor Thorson (Race Cars) Contributors John Apen, Diane Brandon, Marshall Buck, Miles Collier, Martin Emmison, Paul Hardiman, Alex Hofberg, Simon Kidston, Ed Milich, Stephen Serio, John L. Stein Information Technology / Internet Bryan Wolfe bryan.wolfe@sportscarmarket.com; 503.261.0555 x 215 Lead Web Developer Marc Emerson marc.emerson@sportscarmarket.com; 503.261.0555 x 212 Financial Manager Nikki Nalum nikki.nalum@sportscarmarket.com; 503.261.0555 x 205 Strategic Planner Bill Woodard Print / Promotions Manager 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 Jeff Brinkley jeff.brinkley@sportscarmarket.com; 877.219.2605 x 213 Randy Zussman randy.zussman@sportscarmarket.com; 877.219.2605 x 214 Classified Advertising classifieds@sportscarmarket.com SUBSCRIPTIONS Subscriptions / Events Manager Kyle McBride kyle.mcbride@sportscarmarket.com; 503.261.0555 x 216 Subscriptions Coordinator Rich Coparanis rich.coparanis@sportscarmarket.com; 503.261.0555 x 217 Advertising Coordinator / Web Content Administrator Erin Olson erin.olson@sportscarmarket.com; 877.219.2605 x 218 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 @scmhelp 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 Ave, 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 © 2012 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 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 (March 2012, “Shifting Gears,” p. 14) was on the money and well worth thinking about. I believe your reply points to a major adjustment in the collector hobby/ market in the not-too-distant future. I could not agree more. We do live in unique automotive times and have for some time. We, your generation and mine, are products of a time with automobiles that was indeed, simpler, and, if I may suggest, therefore purer. My first race as an adult was at Bridgehampton, watching Bob Grossman come almost silently over the hill at the end of the straight in his SWB, already 100 yards ahead of a thundering herd of American Iron Corvettes. The upper limit of desire in I've often said that classic cars are the most beautiful, intriguing and interesting pieces of junk in the world The next generation of car guys (in four parts) To the Editor: Keith Martin's response to Andrew Thomas' fantastic letter (March 2012, “Shifting Gears,” p. 14) was spot-on, but I would like to give an addendum. I have been lucky enough to be around young car guys recently, and their love of all things automotive is not much different than my own. It is absolutely true that mod- ern cars don't require wrenching like our old mounts did, and it is just as correct to point out the changing social and technical landscape we live in. So, while a young person's first car may not carry all the social benefits of our day (just ask anyone under the age of 30 if they've ever had sex in their car!), there is still that certain something about cars that lights the fire in many a youth's soul. It is funny, in a way, that while we dinosaurs bemoan the changing nature of the collector car world, we do so little to investigate what the next generation is interested in. I would strongly advise the readers of 22 SCM to log in to Jalopnik on their computers and subscribe (via YouTube) to “Fast Lane Daily” and the “Drive” channel. There is a surprising amount of love for old cars on these sites, and while there may not be as great an enthusiasm for wrenching, there is certainly an appreciation for the engineering cleverness and stylistic design of the classics. I've often said that classic cars are the most beautiful, intriguing and interesting pieces of junk in the world. It is all relative, and for good or evil, classic cars will be viewed through the prism of current reliability and security. Fortunately, the next generation can appreciate the madness and inherent danger of our old cars while tolerating their mechanical quirks. Why? Because they are historically important and, frankly, gorgeous. The new car guys may not be the same as us, and that is a great thing. It's their future, and they will design it and live in it. All we can do is preserve what we can and hand it off to them over time. They'll do with it as they will, and that's as it should be. On another subject, I'd just like to thank your team in Arizona for helping me with my questions regarding my Platinum account. Chester Allen and Rich Coparanis were amazingly helpful, quick and professional. You have a WONDERFUL team and every reason to be proud. You've built a world-class organization, and I wish you continued success. — Charles Moseley, Weston, CT The next generation of car guys (Part Two) To the Editor: I am delighted to see that Keith Martin has not lost his willingness to tell things as he sees them — even when it may be a tad uncomfortable. Keith brought me to this mag- azine when he elected to tell “that other” publication that he would not give up that prerogative. While I have had occasion to disagree with SCM on various specifics — and your tendency to be cheerleaders for the auction business — yours is the only auto publication that now I read, after 60 years in the hobby. Your response to Andrew everything automotive for the duration of my life was rooted in that moment. I have, since that time, owned, watched, borrowed, been a passenger in, a host of cars of every type that are now the staples of our generation's well-earned auto lust. So, there is no way for Andrew's generation to have that experience. Your observations about what it all means opened a view of reality where, while serious (megacar?) ownership and collections will exist for years unknown, there will be a huge change and loss for the hobby as our generation passes on. I believe that, beyond the seriously moneyed collector, the hobby/collector/auction market engine has been driven by a unique circumstance, which is the desire to own what we always wanted — at every level. I would submit that the hobby will always be there, but in another 10 to 20 years it will look vastly different. I agree there will certainly be “...fewer of them.” In my view, far fewer, for how does one know the passion without the experience? — Dave Gunn, via email The next generation of car guys (Part Three) To the Editor: I'm just settling in with my March edition of SCM, and I read Andrew Thomas' letter Sports Car Market

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You Write We Read Ad Index 2shores International.................................. 149 Able Closures............................................... 79 Adam's Polishes, Inc.................................... 96 Advanced Retirement Income Solutions ... 129 All American Racers, Inc........................... 122 American Car Collector............................. 155 American Collector Specialties.................. 137 Aston Martin of New England................... 137 Auctions America................................... 21, 25 Automobilia Monterey............................... 149 Autosport Designs........................................ 65 Barrett-Jackson ............................................ 37 Bennett Law Office.................................... 122 Beverly Hills Car Club................................111 Bonhams ................................................ 27, 29 Branson Collector Car Auction.................... 45 Canepa.......................................................... 85 Car Guy Tour ............................................. 155 Carlisle Events ............................................. 69 Carrera Motors........................................... 107 Carriage House Motor Cars ........................... 7 Cascade Sotheby's Realty............................ 97 Chubb Personal Insurance............................ 89 Classic Motorcar Auctions......................... 135 Classic Restoration....................................... 77 Classic Showcase....................................... 105 Classy Chassis............................................ 125 Cobalt Automotive LLC ............................ 163 Collector Car Price Tracker ....................... 147 Collector Studio ......................................... 147 Cooper Classic Collection............................ 95 Copley Motorcars....................................... 142 Cosdel .......................................................... 98 Dana Point Concours d'Elegance .............. 103 DL George Coachworks............................. 149 Driversource Houston LLC................ 117, 143 European Collectibles ................................ 139 Fantasy Junction......................................... 113 Ferrari of Seattle .......................................... 49 Fourintune Garage Inc ............................... 157 General Racing........................................... 119 Gooding & Company..................................... 2 Grand Prix Classics - La Jolla CA............. 157 Gregor Fisken................................................. 8 Greystone Mansion Concours d'Elegance. 127 Grundy Insurance....................................... 145 Gullwing Motor Cars, Inc.......................... 141 Hagerty Insurance Agency, Inc. ............. 15, 17 Hamann Classic Cars................................... 93 Heacock Classic ............................................ 9 Heritage Classics.......................................... 67 Hyman, LTD ................................................ 81 Infinity Insurance Companies .................... 101 Intercity Lines .............................................. 33 JC Taylor.................................................... 121 JJ Best Banc & Co ..................................... 153 Kastner & Partners Garage .........................111 Keels and Wheels Concours ........................ 99 Kidston......................................................... 13 Len Rusiewicz............................................ 161 Live Oak Concours d'Elegance ................. 133 Louisville Concours................................... 109 Mac Neil Automotive Products Ltd............... 6 Mercedes Classic Center............................ 139 Mershon's World Of Cars ............................ 31 Miller's Mercedes Parts, Inc...................... 102 Motor Classic & Competition Corp........... 147 Northwest House of Hardtops...................... 71 Park Place LTD...........................................4-5 Paul Russell And Company ....................... 141 Planeclear..................................................... 41 Portland Swap Meet................................... 102 Premier Classic Car Collection............ 39, 164 Pro-Team Corvette Sales, Inc....................... 75 Putnam Leasing............................................ 51 Reliable Carriers .......................................... 63 RM Auctions ................................................ 23 Road Scholars ............................................ 123 Ron Tonkin Gran Turismo ........................... 35 RPM Autobooks......................................... 157 San Marino Motor Classic ........................... 38 Silver Collector Car Auctions ...................... 43 Sports & Specialist Cars ............................ 145 Sports Car Market...................................... 157 Steve Austin's Great Vacations .................. 112 Stoddard Vintage Porsche Parts................... 83 SWISSVAX AG........................................... 87 Symbolic Motor Car Co................................. 3 The Elegance At Hershey........................... 131 The Last Detail........................................... 113 The Masterpiece........................................... 91 The Stable, Ltd............................................. 73 Vintage Rallies........................................... 143 VintageAutoPosters.com............................ 157 Watchworks................................................ 161 Wisdom Marketing Group ........................... 19 Worldwide Group......................................... 11 Zymol......................................................... 115 24 You Write We Read will view collector cars. Maybe, to them, collector cars will be the modern-day tuner cars? To me, the modern cars with tricked-out computers and turbos the size of basketballs are just boring. They just don't have personality. So, I hope my generation will see the value in these old animals. Then again, if they don't, maybe I will be able to afford getting my hands on some top-grade classics. — Miles Slattery, via email Keith Martin responds: I hope my generation will see the value in these old animals. Then again, if they don't, maybe I will be able to afford getting my hands on some top-grade classics (“Shifting Gears,” p. 14) concerning the younger generation and their interest in collecting cars, so I had to pass along this story. While at Barrett-Jackson this January, I approached a cluster of representatives from Ford Motor Company in the huge Ford display area. My question to them was: “Other than the Mustang, what Ford product could I buy with a manual transmission?” One very knowledgeable rep- resentative told me only the Ford Focus and base model of the Ford Fusion are offered with a stick. The three, who ranged in age from about 27 to 35, each made a point of telling me younger drivers are not learning to drive manuals, and there is no demand for cars with a clutch. In the future, will this younger generation pay big dollars for a collector car when they have no idea how to move it down the road? Will knowing how to shift through the gears become a badge of honor and put these younger collectors in an elite group as owners of these wonderful cars? Time will tell, but maybe that automaticequipped 428 CJ Mach 1 or Hemi 'Cuda selling at a 25% discount to its 4-speed brother today will be the car to have in 20 years. As always, thanks for your wonderful publication. Reading SCM is a favorite way to spend a chilly January afternoon here in Colorado. — Jeff Holliday, via email A real next-generation car guy (Part Four) To the Editor: Well, I did the naughty task of peeking at the March digital copy just a bit ago. Normally I look forward to sitting down with a hard copy, but Keith Martin's Shifting Gears column (p. 14) caught my eye. I am a 23-year-old recent col- lege grad who can't get enough of collector cars. I want to thank Andrew for bringing this question up since I wonder the same thing all the time. My obsession stems from my father's love for cars and everything mechanical. His interest started in his teens while wrenching on his father's cars. He always tells me the story of his first ride in a Porsche Speedster and how it changed his life; the rest is history. For me, growing up consisted of fixing — with his guidance — every mechanical thing. I learned to respect cars for their bare bones — and the experience they can offer. So, I too wonder how my generation This is just a small sampling of the many letters and emails we received about “The Next Generation of Car Guys.” It's a topic we'll be discussing for the next 50 years, as each generation replaces the next. The Baby Boomers were shaped by their first-hand experiences with automobiles, and there is no substitute for the “duckling imprint” that comes from adjusting an idle-mixture screw yourself and feeling the change in the engine, or moving the engagement point of a clutch by loosening a locknut and turning a bolt, then tightening the nut again. I sometimes wonder what it was like for cowboys when they watched the first Model Ts arrive, and saw how their children were drawn to these new mechanical marvels, and perhaps suddenly had little interest in learning how to shoe a horse. And let's not forget the changing environment that cars live in. Personally, I would gladly have an electrically powered, self-driving Google smart car take me to work each day, and on shopping errands. Why subject a vintage car such as a Porsche 356, or Alfa Giulia Spider Veloce or even a newer car like a Lotus Elise to the vicissitudes of daily urban traffic, with monstrous SUVs piloted by cell-phone chatting drivers? Save the good cars for the good roads and the good times. The only sure way to help create the Next Generation of Car Guys (and Girls) is for each of us to involve our children (and other young people) in our old-car experiences. We bought our GTV so our 4-year-old could ride in the back seat, and hopefully the sound of dual Webers at full chat will become part of his DNA. ♦ Sports Car Market

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Time Pieces by Alex Hofberg A Patek Philippe for the Generations In my opinion, the elements that embody the perfe watch are legibility, complexity without sacrificing legibility, and heft — weighty objects feel good. The watch would be neither diminutive nor gargantuan, but it would be graceful, elegant, and most of all, robust — built to withstand years of use. The watch — without consideration of price — that best exemplifies these ideals is Patek Philippe's Reference 5135, which is known as the Gondolo Calendario. Measuring roughly 39 mm by 39 mm exclud- ing the lugs, the tonneau shape of this watch is visually stimulating and gentle — or as I like to say, “friendly.” The dial features a combination of applied Breguet-style numerals and daggershaped indices. Nestled between the markers at the upper part of the dial are three windows that display, in an uncluttered manner, the day of the week, the date and the month. Below the hands is an aperture that displays the phase of the moon and a hand that indicates 24-hour time in synchronicity with the hour hand. The mechanical self-winding movement that driv this watch is nicely flat, given the exquisite level of complication, and it is remarkably smart as well. Rather than a typical calendar-model movement that always finishes a month after the 31st without regard to what month it is, Patek Philippe's “Annular” system correctly tracks the length of every month through the leap-year cycle. The watch requires adjustment only once every four years on leap day. Additionally, this superbly finished motor is proudly displayed through the rear crystal, so the owner can see the solid gold rotor that turns with the Details Production Date: 2004 Best Place to Wear One: At your child's commencement ceremony at Stanford University. Ratings ( Rarity: Durability: Parts/Service Availability: Cool Factor: is best): Neat Stuff by Tony Piff The Curving Line rgring, Le , Laguna Seca ese understated l pieces by inear Edge distill the world's most important race tracks to their fundamental, utiful essence. e from dozens s the world over, NC-machined c birch plywood rmica. Average ches square, g on the track, of 9-$275 from age. www. e.com on of the wrist to wind the watch, gear train and the balance wheel which is truly the heart of the atch. As these watches were avail- able in a choice of white, yellow, or rose gold — as well as platinum — all of the Calendario models have enough weight for a sumptuous feeling on the wrist without being cumbersome. Furthermore, as they are strap watches, the weight is vastly reduced from any comparable bracelet watch, and it is centered on the top of the wrist. With regard to longevity, Patek Philippe's advertising campaign uts stewardship of their watches her than ownership, which reinces the notion that their watches designed to be enjoyed and maintained for multiple generations. Judging by their support of the vintage Pateks still in use, the company walks the talk on the ideal of multi-generation stewardship. Although there is a significant price tag that comes with a watch from Patek Philippe, it is one of the top brands — especially if one considers resale value. Part of that protection of value comes from Patek's exclusivity and limited-market availability, and part is due to seemingly ever-climbing retail prices. Although this watch was recently discontinued, a round model with all of the same features lists for $49,500, and a fine used version will trade for at least $30,000. Considering the original price of $31,100 when the watch was introduced in 2004, a purchase then can be looked at as years of free ownership if one were to put it back on the market. But why would you? Rugged, Refined, Classic Boutique online retailer Bench & Loom offers all manner of masculine gear and clothing that would meet the hearty approval of Ernest Hemingway, say, or The Roosevelt. The Mulholl Master Jacket by Mister Freedom is constructed of Marine Corps “Jungl Cloth” and features adjustable wrist closures and throat latch, reinforced diamond elbow patches, removable neck wind flap and nickeled brass hardware. A versatile choice for top-down winter motoring or just making an entrance. $900 from www.benchandloom.com. © 26 Sports Car Market

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In Miniature by Marshall Buck 1958 Scarab Mk I and Mk II Roadster The front-engined Scarab sports racers are among the best-looking racing cars ever built. The Scarabs were the brainchild of the young aristocrat Lance Reventlow, heir to the Revlon fortune. The list of people involved in their creation and racing career reads like a Who's Who of the American racing scene. These wonderful racers hold a significant place in the history of American road racing of the 1950s and 1960s, a time that many (myself included) love to read or reminisce about. Only a handful of Scarab Mk I and Mk II models have been made. First there was a 1:24 scale slot car and a model kit from the U.S. In the 1990s, a few 1:43 hand-built models and kits from England were released. In 2000, Hot Wheels made a “street” version in 1:43 scale. The latest Scarab models on the market are in 1:43 scale and come from Spark. Spark makes all of their models in China. All of their 1:43 pieces are mid-volume, hand-built models, which sell at a very reasonable $60. At first glance, the Spark models do look very good, but all three fail in accuracy and fall into my “she sure is pretty” category. The models attempt to replicate the following cars at specific races: • The very first Scarab, the Mk I, was Reventlow's ride. This model is presented as car number 16 as raced at Palm Springs, CA, in 1958. • The second car built, an Mk II, is presented in original form as the 1958 Riverside-winning car of Chuck Daigh. • Another version of the Mk II model is in purple, as it was when Jim Jeffords drove the car for Nickey Chevrolet at Meadowdale International Raceway in 1959. The models are beautifully finished, and that simply makes their inconsistencies even more frustrating. On one hand, they are quite well researched, and on the other, they are not. Speaking Volumes by Mark Wigginton BMW: Ultimate Drives Volume 1: 1937–1982 By Jeremy Walton, Coterie, 208 pages, $39.95 (Amazon) First-person accounts of experiences can be a tricky and demanding bit of writing. The obvious challenge is communicating a swirl of feelings, emotions, impressions, noises — the whole range of human experience — in a way that is anything but flat and a pale imitation of the original. Let's agree that having a dance described to you is not much like dancing. In the automotive world, the daring feat attempted by so many is to communicate what it's like to drive a certain car — or set of cars. The monthly mags, of course, are all about this notion. This usually results in an unsatisfying mush made up of equal parts engineering description and overwrought prose built of automotive clichés. My particular favorite is “the controls fall readily to hand.” Like so many before him, auto journalist Jeremy Walton takes the chal- lenge in BMW: Ultimate Drives, putting his driving skills and prose to the test behind the wheel of 16 classic BMWs, from the 328 to the M1 (Volume II promises later cars). 28 After decades of flogging various Bimmers around the world, Walton picked the most important ones to revisit. Each section devotes a good deal to the history of a particular model, how it came to be and where it fits in the world. Walton then takes us on a short test drive — some as brief as a run to the pub, some extended cruises. Displayed in mostly new photography, the cars shine, but like most things in life, in the end you will wish you had been a participant rather than a voyeur. Provenance: With 38 books to his credit and a long career as an auto writer and editor, Walton knows how to get the facts right. Fit and finish: A handsome, large-format edition, filled with well-printed color, Ultimate Drives won't disappoint you from a design perspective. The typography is clean, although the layout and type size don't make for relaxed reading of the text. Drivability: The world is filled with car guys who write. That is good for all of us who want to know about the history, the glory and the business of the automobile. There are fewer writers who are car guys. It means, for the most part, you need to lower your expectations for most automotive books —if you are looking at them through the lens of literature. Walton is a sturdy journalist, and he brings the reporting and facts you expect, but the first-person driving experiences wind up as the least-effective, least-interesting parts of the book. ♦ Sports Car Market I'll just list some of the good and the bad: Overall body shape is very well done, with the exception of a toopointed tail section on all three models. The Mk II models have misplaced rear vents, and there is a wrong body bulge over the right side header. The nose on the Mk IIs is captured very well, but Spark also used the same nose on the Mk I, which is wrong. However, Spark correctly caught the different door panel lines on the Mk I. Overall paint finish is great, so it is too bad that the shade of blue is completely wrong, and the Nickey purple misses as well. All of the decals for the delicate Von Dutch pinstriping and other graphics are superb on all three models. It is nice to see the Scarab emblem on the front of the Nickey car, but it is absent on the other two! The wheels are great, but Spark only made fronts and Model Details Production date: 2011 Quantity: About 3,000 (1,000 of each version) SCM Five-Star Rating: Overal Quality: Authenticity: ½ Overall Value: used them all around instead of the different rear wheels that were installed on all three cars. Speaking of wheels, the Nickey car never had black wheels. Interiors on all three are an interesting mix of reasonably good detail and imagination. The Mk II models have the gear shift in the ½ Web: www.sparkmodel.com wrong location, and all three cars are missing the separate reverse gear lever. That said, the Nickey car correctly features the later notch in the body behind the driver seat and a bare passenger seat. These are very good models, but they are not great. They are available everywhere, including on eBay.

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Affordable Classic Lotus Esprit Turbo SE The “Pretty Woman” Lotus is a Winner First and foremost, you can obtain a great Esprit Turbo for the price of a new econo-box, hybrid-electric, egg-shaped sedan by Stephen Serio 1989 Lotus Esprit Turbo F ew modern classics offer more performance and visual bang than a Lotus Esprit Turbo SE. Somehow, this softened version — the less-aggressive, non-origami, original shape — has aged gracefully over the past 20 or so years. Peter Stevens gets credit for this design, with honorable mention to Julian Thompson for the refreshing in 1994. I'm going to focus on the Esprit SE seen in “Pretty Woman” and ”Basic Instinct” instead of the Roger Moore/James Bond Esprits for a number of reasons, but most involve saving you money, preventing hair loss and not worrying about dying by fire along the roadside. Julia Roberts' swagger — with street-walking cred, coupled with her 60-second diatribe on why a Lotus handles like it's on rails — in “Pretty Woman” did for Lotus what “Goldfinger” and Sean Connery's DB5 did for Aston Martin. Say all you want about the importance of Formula One and the credibility it can give street cars, but one beautiful woman in a miniskirt on the big screen can get you 10 times the brand recognition with one huge smile and some clever stunt driving. Sharon Stone's efforts in “Basic Instinct” shortly thereafter didn't hurt the brand either. Hollywood did what it does best —it stuck with a winner and used the Esprit often. 30 Details Years produced: 1989–95 Number produced: 1989–93 SE: 1,729 1994 S4: 385 1995 S4S: 64 Original list price: 1989 SE: $79,500 1993 SE: $67,345 1995 S4: $81,578 Current SCM Valuation: $15,000–$34,000 Tune-up cost: $2,400 for a “C Service,” which includes timing belt Distributor cap: (Coil pack ignition) Chassis #: Inside front trunk against firewall Engine #: Right rear of block above the starter motor Club: Lotus Ltd. More: www.lotuscarclub.org Alternatives:1983–85 Ferrari 308 GTS, 1986–88 Ferrari 328 GTB, 1997–2004 Jaguar XK8 Coupe SCM Investment Grade: B A better engine and better styling I'm also a believer in the philosophy that the 4-banger was a better lump than the next-generation, 8-cylinder ride that was introduced in 1997. There is something to be said for the simplicity, growl and performance characteristics of the original 2.2-liter engine. If properly maintained — there's the caveat in the fine print — these engines will go forever. If abused and neglected, fewer things will grenade themselves faster. Much has been written about the S1/S2 and early Giorgetto Giugiaro-designed Turbos that were built from 1976 until 1987. The true early cars are — at best — fragile and troublesome. I can feel the hate mail coming from the true Church of Colin Chapman, but please save your energy. The later cars are simply more reliable rides that were designed and built by less-drunken volunteers. (I mean the best Hethel engineers.) Aside from the dated wedge shape on the early Esprits (combined with their decals, stripes and BBS wheels that really say “Disco, baby!”), these whips were enormously compromised by their always-torn, cottonstitched leather seats, troublesome Citroën gearboxes, engines prone to overheating, the often-cracked, quasiplastic bumpers and the frequently “I refuse to go up or down” window regulators. Sports Car Market

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Lots to love in the later cars Now the good news about the 1989–95 Esprits: First and foremost, you can obtain a great Esprit Turbo for the price of a new econo-box, hybrid-electric, egg-shaped sedan. Just about $20k gets you well into the ballpark for a stonking good 1989–91 car, and if you spend $35,000, you will have one of the best Lotus Esprit S4s in the country. Or you could treat yourself to a race car disguised as a street ve- hicle and find one of the 20 1991 X180Rs that originally sold for over $130,000! Expect to pay $75k for one, and you'll never sell it. In 1989, when the Turbo Esprit SE was launched, it produced 264 horsepower and was the most efficient engine per-liter offered to the public. The car could also get you 0–60 mph in 4.7 seconds. You had to spend quite a few more bucks to go just a tad quicker — think Lamborghini Countach and Ferrari Testarossa. Little changed through the next few years on this limited produc- tion car; an airbag and ABS were added in 1990–91. In 1993, the rear spoiler and deck lid (glass deleted) were changed. 1993½ gave us an all-new interior that was from the upcoming S4 — along with doors now engineered to actually let a normal-size adult in. Still, pity the woman in a short skirt who is trying to be a lady while getting in and out of one of these things! The 1994 S4 was restyled on the outside to give a smoother, more modern feel, and it now came equipped with power steering, improved shifter and smaller rear wing. The 1995 S4s is the needle in the haystack to search for. Horsepower was bumped to a whopping 300, and you could really wring all of it out to a very pleasurable and thrilling level. All of these cars are built on a galvanized backbone frame, with a two-piece carbon fiber/fiberglass tub. They are enormously strong, and they have proven to be very safe cars, even if they're crashed at a high rate of speed. The engines are reliable, and the Renault transmissions are fairly robust. The brakes, suspension and steering components are all well engineered. Well, they're not perfect There are some negatives. Because of the limited production and normal attrition, it may take a while to find a really clean, documented and well-serviced example. The airbag-equipped — from a Pontiac Trans Am — steering wheel is not pretty, radiators clog easily and the charge cool impellers need servicing (which rarely happens). The belts need religious changing, and some parts are now difficult to find. Leather dashboards shrink, and a poorly maintained Connolly leather interior will turn into parchment paper. Never, ever, ever, buy a car with a modified engine (rear exhaust modification is OK), and never buy a crash-damaged, repaired car. The frames are NOT meant to be straightened once damaged. Buyer beware to the fool looking for the deal on the salvage-titled auction special. Lotus has a great club with a rabid enthusiast base. Get to know who has a nice example, wrangle a ride, and go fall in love with your first affordable exotic car. Buy one in Norfolk Mustard, British Racing Green or Palacio (deep purple). Find the right car, and it will feel like a Hollywood movie. ♦ 1990 Lotus Esprit Turbo SE April 2012 31

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Legal Files John Draneas The Rest of the Stories — So Far Litigation proceeds at a snail's pace, with time measured in glacial proportions, until everyone is so worn down that they want to settle Tim Durham 1996 Ferrari F50 Darla Lexington and John O'Quinn S CM readers often ask Legal Files “Whatever happened with...” It's difficult to follow through on every story, but this month we were able to get updates on several of our recent stories. One of the biggest stories to come out of the 2010 Arizona auctions was the weather. Gale-force winds ripped through the Scottsdale area and wreaked absolute havoc at the Russo and Steele auction. The tents came toppling down, lots of collector cars were damaged, and numerous lawsuits followed. Asked for a status update, Russo and Steele owner Drew Alcazar said, “Well, the litigation is continuing. We're still working on discovery, and everyone has their experts doing their research and analysis. We might get to a mediation this summer and trial next year.” Yes, readers, that is how litigation proceeds — at a snail's pace, with time measured in glacial proportions, until everyone is so worn down that they want to settle just to be able to move on. But in spite of the depressing pace, there have been a number of developments: • All of the plaintiffs' claims against Russo and Steele have been dismissed, and their claims are now aimed solely at the tent company. • Meanwhile, Russo and Steele has filed its own claim against the tent company, looking to recoup its own losses. Alcazar said he is disappointed that, after having a long and seemingly good relationship with the tent company, they didn't do as much as he expected to work things out amicably. That left him little recourse other than to file his own claim. But all is not woe. Alcazar is still amazed at the pro- ductive attitude that most of his consignors displayed when the 2010 auction was extended, and he feels that the customer relationships that his company cultivated over the years proved to be extremely strong. Alcazar saw 2011 as the big challenge, and he felt 32 that his organization was under tremendous pressure to perform, which he thinks they did. 2011 was extremely successful for Russo and Steele. “The most gratifying thing about 2011 was that we were back to business as usual, doing all the things we normally do,” Alcazar said. “People seem to think that if we could take the beating we took and still come back strong, this is the place where they need to be.” Meanwhile, the litigation continues. Slowly. The FBI Ferrari crash Motors Insurance Corporation was ecstatic when the Ferrari F50 that was stolen from their client in 2003 was recovered by the FBI in 2009. Motors had paid $625,000 on the claim, and they thought they would come a bit ahead, as the recovered F50 was then worth $750,000. When the FBI asked if they could hold onto the F50 for evidentiary purposes, they were happy to cooperate. Motors was aghast when they received word that the Ferrari had been totaled while being driven by an FBI agent with an assistant U.S. attorney as passenger. The government was not very forthcoming with answers to key questions, such as why the Ferrari was being driven. Motors strongly suspect the car was out on a joyride. Motors filed suit in federal district court, and the court recently ruled that the gov- ernment could not be held liable for damages caused while the Ferrari was in government custody. That is because the federal government cannot be sued except in cases where it has consented to be sued. Under the Federal Tort Claims Act, the federal government has agreed to allow itself to be sued for damages caused by its employees and agents in the course of their employment. However, the government has retained that immunity in situations where property is damaged while being detained by the government. The court rejected Motors' argument that there was no detention because they had consented to the FBI keeping the car. The court did agree with observations made by Legal Files, such as that the FBI agent could be held personally liable if he did take the car out on a joyride, as he might then have been acting outside the scope of his employment and would not enjoy protection from liability. The court pointed out that Motors had made suggestions that this was a joyride, but the company did not specifically allege that. But the court added that, even if that specific allegation had been made, the suit would still have to be dismissed. If the FBI agent was on a joyride, he would have been acting outside the scope of his employment, and the government would have no liability anyway. Given this result, it would seem that insurance companies might be more reluctant to cooperate with the government in the future. Sports Car Market

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Durham's Fair Finance Indianapolis collector Tim Durham, who among other interests, owned 75% of the now-defunct automotive magazine Car Collector, caused quite a splash after being charged with running a huge Ponzi scheme out of his Fair Finance company. Government prosecutors claim that Durham bilked more than 5,000 small mom-andpop investors out of about $223 million. Durham had been considered a pillar of the Indianapolis business community, and the charges brought attention to many politicians, celebrities and business associates who were his friends. The Fair Finance bankruptcy trustee has taken a very strong posture in trying to recover monies that were allegedly taken from Fair Finance investors. The trustee has now filed lawsuits totaling nearly $1.2 billion against a number of defendants. The bulk of the claims are aimed at companies that financed Durham's operations. Durham's mother is sticking by her son. She told WRTV-TV Channel 6 that her son's financial problems were caused by his extremely generous nature. “He's one of the most giving, kind people you will ever meet,” said. “That's where he got into trouble, I think. He helped too many people.” The authorities seem to think Durham might have helped himself more than others. Durham has been indicted on charges of wire fraud, securities fraud and conspiracy. His trial is scheduled to begin on June 8, 2012. O'Quinn Estate settlement Billionaire John O'Quinn made a fortune as one of the lead lawyers in tobacco company class-action litigation. He later made a big splash in the collector car world, as he quickly amassed a huge collection — with very high-profile purchases — at major collector car auctions. He died in a freak car crash, leaving his estate a shambles. It is a modern-day example of the “cobbler's son has no shoes” parable. O'Quinn had a very close relationship with his longtime companion Darla Lexington. They lived together and appeared to be husband and wife, but they never married. In spite of numerous indications that he wanted to provide for her, and that he wanted his car collection to be kept in a museum, his will had never been updated. It left everything to a private foundation he had established before becoming one of the country's largest car collectors. The foundation's charitable purposes could not support the establishment of an automobile museum. That left Lexington with an estimated $5 million life insurance policy and nothing else. Legal Files reported on the legal battle over O'Quinn's cars. Lexington sought to prevent their sale at auction on the basis that it was against O'Quinn's wishes — and that she owned several of the cars intended to be sold, as O'Quinn had given them to her. The court refused to prevent the sales, as none of the cars had been titled in her name, and Lexington's lawsuit continued at a slower pace. It was reported in early January that Lexington and O'Quinn's Estate had reached a settlement. The parties have declined to describe the terms of the settlement, although it has been indicated that she will receive a number of the remaining cars. There have been rumors that the value of the settlement is in the $25 million to $40 million range, but Legal Files has been unable to confirm any details. The O'Quinn saga is a clear example of the need for good estate planning. No one expects to die the next day, but collectors should keep their estate plans current to protect against the unexpected. Planning for the preservation or disposition of our collections is not an easy task, and it should not be left to our survivors to find a way to achieve our objectives. ♦ JOHN DRANEAS is an attorney in Oregon. His comments are general in nature and are not intended to substitute for consultation with an attorney. April 2012 33

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ARIZONA RECAP AUCTION ROUNDTABLE Top Picks from the Desert Auction company principals pick favorite cars from their lineups — and from the competition's Furthermore, Preston Tucker was a visionary and conceived of and built cars that were at least 10 years ahead of their time. From the center directional headlight to the rear-engine power train configuration with fuel injection, everything about the Tucker is revolutionary, especially when you consider when it was built. Just looking at its streamlined exterior design, one can appreciate the Tucker Torpedo's muscular-yet-elegant styling. It's a shame these cars never saw mass production. Speaking of elegant styling, my pick for favorite vehicle from a 1933 Pierce-Arrow Silver Arrow David Gooding President, Gooding & Company Santa Monica, CA We enjoyed a fantastic Scottsdale auction, with 13 record-breaking cars, 98% of all consignments sold, more than $39.8 million in sales and the top-selling lot of auction week for a fifth year in a row: the $4.62m MercedesBenz 300SL alloy Gullwing. One of my favorite cars from our auction was the 1929 Bentley 4½ Litre Dual Cowl Sports Tourer with coachwork by Vanden Plas. An important Bentley, it was formerly owned by two well-respected collectors and is in excellent condition, retaining its original body, matching-numbers engine and thoroughly documented provenance. We were delighted to see this car soar above its high estimate by 43%, selling for $2.14m A favorite car from another auction house would have to be the 1933 Pierce-Arrow Silver Arrow that Barrett-Jackson brought to the market. Before its $2.2m sale in Scottsdale, it had been decades since one of the three surviving examples had come up for public sale. The Silver Arrow is an extremely important American Classic and has a special place in design history. Its futuristic design ideas were adopted by some of the greatest automotive stylists well into the post-war period. These strong sales continue to underscore collectors' demand for top-quality examples of the world's greatest cars. 1967 Ferrari 330 GTC Drew Alcazar President, Russo and Steele Scottsdale, AZ Russo and Steele has continuously shown extremely strong sales results in the production-cars segment of the exotic sports car market. In Scottsdale 2012, Russo and Steele further solidified its position in the marketplace for production European sports cars with the record-breaking sale of the 1967 Ferrari 330 GTC, s/n 8843, for $429,000. Having owned and enjoyed over half a dozen GTCs, 1948 Tucker Torpedo Craig Jackson Chairman and CEO, Barrett-Jackson Scottsdale, AZ My favorite car from the 2012 Barrett-Jackson Scottsdale Auction is hands-down the 1948 Tucker Torpedo from the Ron Pratte Collection. I choose this vehicle not because it fetched the highest selling price at the auction — it brought $2.9m —but because it represents an underdog story that will forever be celebrated in automotive history. 34 their appeal as a comfortable Ferrari makes them my steed of choice for road rallies. Amenities such as air conditioning and room for storage in both the rear boot and behind the passenger seats support the fashion requisites for the Copperstate 1000 and every other rally. This broad market appeal, in addition to the visually stunning, quality restoration of our 1967 Ferrari 330 GTC, launched the sales result to world-record heights. Across town, no one can deny the impact of the arrival of Gordon McCall at Barrett-Jackson. Gordon's prowess in the marketplace was brilliantly showcased with the Salon offerings at WestWorld. The sales results were the talk of the town of Collector Car Week. Gordon's impact and the arrival of Bonhams to the Scottsdale landscape — with strong sales — serve as the most noteworthy elements of my contemporaries' events. Sports Car Market competing auction is the alloy-bodied 1955 Mercedes-Benz 300SL Gullwing that sold for $4.62m at Gooding. Only 29 of these were ever built. The sale of this car at Gooding helped build excitement for the $2.2m sale of the 1954 300SL Gullwing we offered as part of our Salon Offering Collection. It is the lowest-mileage example known to exist.

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FIVE CARS ON A BIG BUDGET ARIZONA RECAP 1963 Ferrari 250 GT Lusso Berlinetta Shelby Myers Director, RM Auctions West Coast Division RM Auctions, Blenheim, Ontario We're very happy with our Arizona sale this year. It featured one of the best selections of quality cars we've ever presented in Arizona, and it achieved a very strong average sales price. Although there were many to choose from in our Arizona lineup, one of my personal favorites was the 1963 Ferrari 250 GT Lusso Berlinetta, which sold for $979k. I love cars that carry a unique history and story, and this car is a great example. An entrant in the 1964 Targa Florio, recipient of multiple FCA Platinum awards and a Pebble Beach class award winner, it satisfied all the criteria when it comes to desirability. It was offered in wonderful condition, and the images from the 1964 Targa Florio brought it to life. In today's market of high-priced Ferrari cars, the Lusso still represents great value, considering it is essentially the same platform as a Ferrari 250 SWB Berlinetta, which can be three to four times the price. Of the other auction houses, my personal favorite was the 1930 Rolls-Royce Phantom I Transformal Phaeton from Bonhams' inaugural Arizona sale, which sold for $524k. Again, this car had a wonderful history, and the historic images were captivating, including those of Marlene Dietrich. As a lover of great design, this car was a standout, both elegant and sporting, particularly the tapered rear end. It brought a fair price. My hat is off to Bonhams' team for a great debut sale. Rolls-Royce Phantom I Transformal Phaeton David Swig North America Car Specialist, Bonhams San Francisco, CA Bonhams' inaugural Scottsdale sale at the Westin Kierland Resort & Spa was a memorable one indeed! Among the fine motorcars highlighted at our sale, one stood out. It is the ex-Marlene Dietrich Rolls-Royce Phantom I Transformal Phaeton. Sporting elegant open coachwork by Hibbard & Darrin — and a history that is second to none — it is considered one of the most desirable Phantom Is in the world. Our competitors presented such a vast array of fine machinery, it is impossible to choose a favorite. Judging from the results, MercedesBenz seemed to be the flavor of the month — 300SL Gullwings in particular. We must commend all of our competitors on their stellar performances. Bonhams sincerely looks forward to our return to the Arizona market for many years to come. ♦ April 2012 35

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ARIZONA RECAP FIRST-TIMER THOUGHTS Gleaming, Fascinating Moving Objects The first Baby Boomers are now buying the shiny objects of nostalgia — cars — from their childhoods by Robert Cumberford Shiny and attractive, to be sure, but objects of compelling desire? To each his own S 36 hiny inanimate objects fascinate living beings. That's true for thieving magpies, pack rats, and — above all — for humans. From the first time an opposable-thumb primate picked up a glittering seashell simply to admire it, on through our prehistoric ancestors seeking and keeping translucent stones, we have cherished scintillating reflecting surfaces — ideally on objects we can hold in our hands. When, a few hundred years back, we were exposed to constructs that were not only shiny but also had moving parts, we were mesmerized. Who can look at the works of a clock, a watch or a steam engine in motion and not be entranced? So it is not too surprising that the automobile should become an object of acquisitive desire. Cars are for the most part shiny, they move, and they can accept a tremendous amount of non-functional decoration. Even so, cars were for a very long time only seen as transient useful objects, not collectibles. I can remember Duesenbergs on offer for $500 when I was a child, and not a few of them went to scrap yards because there was so much recoverable metal in them. Talismans of youth It is really only in the past 50 years that we have seen serious inter- est in preserving older cars — in good working order — in the United States. Part of the reason lies with the huge population bulge we now call the Baby Boomers. The first of that immediate post-World War II coterie is now at retirement age, and a great part of the group is prosper- ous enough to buy the shiny objects of nostalgia they covet as talismans of their youth. Science fiction writer William Gibson, writing about his own obses- sion with mechanical watches, celebrated that they are “so brilliantly unnecessary.” He also noted that Baby Boomers' toys were often ephemeral plastic things long since reduced to nothingness. But their daddies' cars are still here, and they represent semi-useful possessions. Or so they can tell each other — and almost believe it. There must have been at least 10,000 Boomers at Arizona Auction Week in January, and as you can see from the results, they spent tens of millions of dollars on vehicles they never intend to use for practical transport. Too much to admire? The auction scene in Arizona was all new to me. It might have been overwhelming, with literally thousands of cars on offer, were it not for the fact that so few were really what I would consider collectibles. Thousands of cars, hundreds of trucks (trucks?), and many tons of automobilia changed proprietors, but I would put objects of true collectible value at considerably less than half the total. Once you modify your mass-market, never-rare '57 Chevy in any way at all, it ceases to be a historical artifact and becomes essentially just a used car, however much someone may pay when it crosses the block. The “matchingnumbers” mantra is tiresome, but there really is value in originality and Sports Car Market Tony Piff

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ARIZONA RECAP FIRST-TIMER THOUGHTS authenticity. I was really surprised that I admired hundreds of cars, but not one compelled desire. For me, the plenitude of vehicles in Arizona was as big a turn-off as an eight-page, small-print dinner menu offering so many things that appetite dissipates at the mere thought of choosing. I suspect that a more restrained offering might have had me fidgeting with my wallet. After all, I only have three project cars and two drivers, and there were many truly worthy machines at “reasonable” prices I could easily convince myself I “really need.” As did not a few other people during that high-energy week. People-watching As fascinating as the multifarious vehicles at the main auctions were, I was more entranced by the attending crowds. Family values were extremely high; I saw dozens of late-middle-aged men who were kind enough to bring their “nieces” to the auctions. These girls profited from the mild Arizona weather to wear their skimpiest summer dresses in January, especially at the gala in a giant tent generously organized by Barrett-Jackson to start off the week of buying frenzy. There were a few children, so the look-but-don't-touch rules were fairly well respected, but the 50-somethings who seemed to predominate still left plenty of fingerprints. Crowds seemed to sort themselves out autonomously according to social class and age; witness the stand for Hillbilly Auto Transport at the Silver auction at Fort McDowell. This auction catered to high-volume production cars, primarily American models. Seemingly the auction's name is not derived from a person, as I had supposed, but from the buyers' hair color. Cars on offer at this auction were unassuming, and few were of any real interest to me. Gooding's buyers were better-dressed, slightly younger and far more restrained, and the cars were not so mainstream. I would have cheerfully accepted about 75% of the 118 lots if one had been proposed as a gift. But not the fake hot rod, Herbie the Love Bug, nor the American Bantam. The smaller group of cars at Bonhams — 67 units — was also excellent. I was intrigued with a '54 Porsche coupe that went for $93,600. The Porsche was virtually identical to one I traded in for a VW bus long ago (for about $1,200, I think). Sic transit gloria mundi... The auctioneers' verbal styles were highly diverse, with some almost 1954 Porsche — once a straight trade for a VW bus incomprehensible, while others were clear, soothing and obviously successfully encouraging. Bidding seems to be a blood sport in some cases, and I could see how one could be caught up in a frenzy of jousting with someone else who wants the same thing. I came away feeling that most of the cars (and pickups) were sold for more than they could possibly bring in a one-on-one purchase deal. But it all seemed perfectly fair, since no one parted with more than he or she was willing to pay, and if there might have been a few cases of buyer's remorse after the euphoria of the events was finished, the auctions do provide a market that is accurate at one place and time. Everyone had a good time looking at cars, talking about cars and buying and selling cars, yet Arizona in January seems to boil down to why so many humans love old cars: They are brilliant, unnecessary — yet important — parts of our lives. We look at the shiny surfaces and see the past in the present. ♦ 38 Sports Car Market

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ARIZONA RECAP 2012 CONSIGNMENT TOURS SCMers Get an Insider's View at RM and Gooding SCM Senior Analyst Carl Bomstead guides SCMers among the fine cars during the Gooding & Company consignment tour RM Auctions S CM's Arizona Platinum consignment tours continued the tradition of exclusive, behind-the-scenes previews on January 19 at RM Auctions. A group of RM collector car experts joined SCM Senior Auction Analyst Carl Bomstead and a more-than-ready group of 20 SCM Platinum members to take a look at the cars spread around the Biltmore Hotel grounds. The group saw and discussed vehicles with singular features: a 1959 BMW 507 roadster redone by RM's own restoration shop, the 1957 Maserati 3500 GT Paris Show car, the only 1957 Ferrari 410 Superamerica bodied by Scaglietti, and a 1954 Chevrolet Corvette with a plastic bubbletop that evoked many of GM's 1950s dream cars. Bomstead's favorite was a 1931 Chrysler CG Imperial bodied by Waterhouse in black and caramel. The owner — who poured more than 6,000 hours into its restoration — was on hand to tell the story. Peter Wallman, RM car specialist, commented on a question about buying a restored car versus restoring it, “If you can afford to buy the best, then you buy the best. Somebody else has spent the money and had the hassle.” Many SCMers asked about how auction reserve prices are set. Wallman stepped in, “It's futile to take cars to auction and not sell them,” he said. Does it offer any advantage to the seller to have no reserve? “Absolutely. It creates a lot of interest. No reserve tends to be a lot more popular,” Wallman said. 40 Gooding & Company The Platinum members reconvened later Thursday afternoon at Scottsdale Fashion Square for Gooding & Company's consignment tour. Carl Bomstead was again the SCM guide, and Garth Hammers, Gooding consignment specialist, was his wingman. David Gooding took time from his hectic schedule to meet every- body and start the tour at the Moretti collection of Packards. Auction reserve prices were still on the minds of many SCMers in this tour. A member asked Gooding how his company sets reserves for the cars. “Our policy is reserve at low- or below-estimate,” Gooding said. Bomstead and Hammers guided the tour through Gooding & Company's Scottsdale lineup, and they pointed out special cars, such as the only unrestored Monaco Orange 1969 Chevrolet Corvette L88 coupe, a one-of-two white 1959 Ferrari 250 GT LWB California Spyder and a 1958 BMW 507 roadster that was in the same collection for 30 years. The tour ended at Gooding's prize Arizona consignment, a 1955 Mercedes-Benz 300SL alloy Gullwing. Hammers showed SCMers the difference between an alloy Gullwing versus a steel Gullwing — short of slapping a magnet on the body. Hammers said alloys are worth about three times more than steel-bodied examples. Not quite right, it turns out, as the alloy Gullwing ended up selling for $4.6m, on Friday, January 20, and a steel-bodied Gullwing sold for $869,000 later in the afternoon. An enlightening afternoon for all involved. ♦ — Chad Tyson Sports Car Market Jim Pickering

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Collecting Thoughts 1948 Tucker Model 48 Torpedo Tuckers Soaring 64 Years After Splattering A restored Tucker selling for almost $3m — just in the price range of a Ferrari California Spyder — was shocking for many people by Ken Gross This 1948 Tucker Torpedo was the high sale for Barrett-Jackson in Scottsdale. At $2.9m, it marks a trebling of Tucker values as rarity bolsters interest I n 1948, Preston Tucker introduced a radical new car — one with a rear-mounted engine, safety belts and rocket-ship styling. The car was fast and powerful — and sold for $2,450, which was less expensive than a Cadillac. Orders poured in, but only 51 were made. Eventually, legal woes derailed Tucker's business. Now, 64 years after the Tucker Model 48 Torpedo soared — and then crashed — a restored Tucker Model 48 sold for $2.9m at Barrett-Jackson's 2012 Scottsdale auction. How did Tuckers rise from the basement to the penthouse? And will Tucker values continue to rise? Folk hero or fraud? Preston Tucker, of Ypsilanti, MI, remains something akin to an automotive folk hero. He first gained fame when he paired the unlikely duo of Henry Miller and Henry Ford to build innovative front-drive, flatheadFord-powered two-man race cars for the 1935 Indy 500. During World War II, Tucker's high-speed command car project failed to impress the Army brass, but his electrically driven gun turret was a profitable venture. When the war ended, he was thinking even bigger. Tucker's plan for a radical post-war car first appeared in the December 1946 issue of Science Illustrated magazine. Defying convention with an unusual design, the Tucker was to be a full-size sedan powered by a rearmounted, air-cooled 589-ci flat six. For his futuristic dream car, Tucker considered Kinmont “Safe-Stop” disc brakes, and he wanted a 4-speed gearbox. 42 Because of rapidly rising costs and a shortened development timeline, the Tucker's actual engine, a horizontally-opposed, 334-ci OHV six, was adapted from an aluminum Franklin/Aircooled Motors helicopter engine, which was then converted to water cooling. Tucker's disc brake plans were dropped, as they were too expensive. After rebuilding a few secondhand Cord 810/812 gearboxes, Tucker developed its own 4-speed based on the Cord design, with a Bendix vacuum-electric pre-selector. Tucker's “Torsiolastic” suspension featured independent front A-arms and rear trailing links, all hinged in rubber. Torque and speed In an era when most production sedans had 100 to 125 horsepower, the Tucker's understressed 166 horsepower at 3,200 rpm and whopping 372 ft/lbs of torque meant that the 4,235-pound Model 48 was easily the fastest American car of its time. Legendary automotive writer Ken W. Purdy claimed to have driven a Tucker more than 125 mph. The Marquis de Portago, a famous Grand Prix driver, reportedly topped 131 mph in a Tucker test at Sebring. Mechanix Illustrated's pioneer road tester Tom McCahill raved about the Tucker's 10-second 0–60 mph time. McCahill called it one of “the greatest performing automobiles ever built on this side of the Atlantic.” In comparison, a 1948 Cadillac with a 150-hp flathead V8 hit 0–60 mph in about 13 seconds and had a 100-mph top speed. Tucker's prodigious torque rating wouldn't be topped for years. With rocket-ship styling by Alex Tremulis, that rear-mounted engine, aircraft-style doors, a pop-out windshield, swiveling center “Cyclops” headlight, standard seat belts and padded “safety chamber,” there was nothing like it on the road. The “Car of Tomorrow” was an instant hit. Tucker's $2,450 price tag undercut Cadillac's popular Model 62 sedan by about $500, which was a big difference in 1948. Only 51 built But the rear-engine Torpedo never reached true production. When the Tucker plant closed in mid-1948, only 37 pilot models had been completed. Loyal workers assembled another 14 cars. Of the 51 cars built, 47 have survived. Sports Car Market Courtesy of Barrett-Jackson

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Collecting Thoughts 1948 Tucker Model 48 Torpedo A manifestation of American post-war optimism Stories abound about the short-lived Tucker venture. People persist in thinking that the major automakers were determined to kill off this upstart competitor and that “a loosely-organized conspiracy between the carmakers, the Securities and Exchange Commission and the Chicago District Attorney's office brought him down.” Tucker was said to be a devious, flamboyant self- promoter who misappropriated funds, spent lavishly and never intended to build cars. But little of that is true. What's the real story? I'm convinced Preston Tucker was fundamentally naïve about business. His effort was seriously underfunded; his flamboyant style annoyed the powers that be; the hastily-built cars were insufficiently developed, and he was very unlucky. After the SEC indicted Tucker for alleged stock fraud, his plant was closed and all his records were seized. Despite the fact that he was acquitted of all charges, the devastating publicity and a lack of funds doomed efforts to resume production. Following an ill-fated attempt to build a car called the Carioca in South America, Preston Tucker died of lung cancer in 1956. The 1988 Francis Ford Coppola film, “Tucker: The Man and his Dream,” fluffed up a few details, but it captured the romance and excitement of the Tucker saga, and it enthralled audiences with its “little guy against the Detroit establishment” mythos. Not surprisingly, Tucker prices began to accelerate upwards after the movie came out. The late Tom Sparks, a legendary hot rodder and crack mechanic, maintained the fleet of borrowed Tuckers for Coppola's film. “The transmissions were the weak link,” Sparks said, “because of repetitive electrical and vacuum problems with the shift actuators.” Sparks reported that the Tucker's powerful flat six was “the best part of the car. … It accelerated fast and could easily beat any American sedan of that era.” As the guest curator for the popular exhibition “Allure of the Automobile,” which appeared at the High Museum of Art in Atlanta in 2010 and the Portland Art Museum in 2011 (SCM was a sponsor of the Portland exhibition), I included a Tucker because I felt it represented the boundless optimism, engineering exuberance 44 With 166 horsepower, the Tucker was the fastest American car of its time and aircraft-inspired styling of the post-World War II period. This car, Tucker number 1043, from the Ron Pratte collection, sold for $2.915 mil- lion at the January 2012 Barrett-Jackson Auction in Scottsdale, AZ. The winning bidder was Ted McIntyre, owner of Marine Turbine Technologies and builder of Jay Leno's jet-powered motorcycle. “Preston Tucker had to raise capital, engineer a completely new car, fight the Detroit guys who were out to get him, and bring it to market,” McIntyre said. “I have a real appreciation for what he did, and it's exciting to own a car that's part of that legacy.” Values still climbing With this $2.9m sale at Barrett-Jackson, Tucker values, already in the low $1m range, have trebled. This car was a well-restored example, although the rear end sat a tad high, possibly because of new rear springs that hadn't yet settled — or a front suspension that already had. The “Waltz Blue” finish showed off the car's lines well. (That hue is said to be the color of Preston Tucker's wife's favorite gown.) This car was the highest-priced sale at Barrett-Jackson. “This was a great car and it's the first time a Tucker had been on sale for quite a while,” Craig Jackson said. “Some strong buyers were here specifically for that car. They knew what they wanted and they were out to get it.” So why are Tuckers now soaring — 64 years after they came off the assembly line? Rarity is the biggest reason. A total of 51 were built and 47 survive. Try to find one. Tuckers aren't popular because they're great drivers. I can attest to that. With its rear-mounted engine on a long, 130-inch wheelbase, and lopsided 42% front/58% rear weight distribution, the Tucker feels ponderous. Its steering is vague. It oversteers at the slightest provocation. The ride is 1940s-era Sealy Posturepedic. But under hard acceleration, the six flashy chrome exhaust pipes blat like a big Chris-Craft runabout, the nose lifts, the Tucker accelerates surprisingly quickly, and the looks you get are priceless. Could Tucker have forced the “Big Three” into rear-engine designs had sales suc- ceeded? We think not. Ten years later, the Chevrolet Corvair, despite its air-cooled flat six, was a dead-end for GM. But fueled by Coppola's film and a legion of local owners and club members, the Tucker's poignant tale lives on as a romantic lost cause. We saw higher prices coming when Gooding & Company sold a beater Tucker that needed everything — this barn-find car sported beaucoup Bondo and was not in running condition — for $797,500 at Scottsdale in 2011. Another Tucker, chassis 1045, sold for $1,127,500 at RM's 2010 Monterey auction. This car was in very good condition. Still, a restored Tucker selling for almost $3m — just in the price range of a Ferrari California Spyder — was shocking for many people — but not for Craig Jackson. “Everybody knows the Tucker story,” Jackson said. “He tried to persevere against tough odds. The car had a lot of safety improvements, it was ahead of its time, and there's a full-length motion picture about it.” Jackson thinks Tucker prices will continue upward. I think he's probably right. So while I'd have to call this Tucker very well sold, I think time may prove that it was equally well bought. ♦ Sports Car Market

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Ferrari Profile 1957 Ferrari 410 Superamerica Coupe This car may be the most famous of all the 410 Superamericas, but it is not the most valuable by Steve Ahlgrim Details Years produced: 1958–59 Number produced: 35 Original list price: $16,800 Current SCM Valuation:$1,250,000–$1,750,000 Tune-up cost: $3,500 Distributor caps: $450 (two required) Chassis #: On data plate on right inner fender panel Engine#: Top of chain case between cam chain covers Club: Ferrari Club of America, P.O. Box 720597, Atlanta, GA 30358 More: www.ferrariclubofamerica.org Alternatives: 1954–57 Mercedes-Benz 300 SL Gullwing, 1959–64 Maserati 5000 GT, 1958–61 Jaguar XK 150 coupe SCM Investment Grade: A Comps Chassis number: 0671SA Engine number: 0671SA T here were Ferraris…and then there were Ferraris. Enzo Ferrari built a few very exclusive grand touring models for very famous and ultra-wealthy clients. Constructed in several series — in very limited numbers — the Superamericas were truly the ultimate Ferraris of their time, and they attracted an exclusive client list. Noted American industrialists and businessmen, such as Bob Wilkie and Bill Harrah, were Superamerica owners. Royal customers included the Shah of Iran, Prince Bernhard of the Netherlands and Emperor Bao Dai. Wealthy Italian clientele, such as “Pasta King” Pietro Barilla and Dottore Enrico Wax were also on the list. Ferrari historian Dean Batchelor said these grand models incorporated “many detail differences which enhanced their exclusivity.” Traveling in a Superamerica was traveling in style. “The owners knew it, and all who saw the car knew it, which is what the owners wanted them to know,” Batchelor wrote. The 410 Superamerica was essentially a modern, coachbuilt car with a powerful, 4.9-liter, 340-hp, racederived, Lampredi V12 engine. Sergio Scaglietti, who passed away in 2011, was a metalworking genius whose designs, including the 250 Testa Rossa, the 250 GTO and the 500 Mondial, comprise some of the most expensive cars in existence today. Just 34 410 Superamericas were built, and only one, this 46 stunning, one-of-a-kind coupe, was built by Scaglietti. A former Pebble Beach Concours winner, 0671SA more recently won Best of Show at the 2007 Las Vegas Concours d'Elegance. Restored in Italy by its original craftsmen, this powerful, one-of-a-kind, award-winning 410 Superamerica has been well maintained and awaits the open road, where it will deliver the caliber of performance enjoyed by a very few, fortunate, exotic car owners. SCM Analysis This car, Lot 232, sold for $1,815,000, including buyer's pre- mium, at RM's auction in Phoenix, AZ, on January 20, 2012. Spend an hour around Ferrari people and you're bound hear a story or two. Stories of the newer Ferraris tend to be about how fast they go, how much they cost, and whether they look good. If the conversation turns to vintage Ferraris, the stories turn to where they've been, who's restored them and who owned them. The latter stories can be fascinating, and none are more so than the story of 0671SA. Our subject car was built for Dr. Enrico Wax, whose fortune was made as an importer of Johnnie Walker whisky. He was known around the Ferrari factory for his taste in cars and for giving gifts of his product. He had commissioned two custom-built Maseratis in 1953 and 1954 before moving on to Ferraris. In 1956, he approached Enzo Ferrari about ordering 1957 Ferrari 410 Superamerica Series II Lot 135, s/n 0715SA Condition 3- Sold at $2,970,000 Gooding & Co., Pebble Beach, CA, 8/21/11 SCM# 184025 1959 Ferrari Superamerica Series III Lot 335, s/n 1323SA Condition 2+ Sold at $1,760,000 RM Auctions, Monterey, CA, 8/13/10 SCM# 165614 1957 Ferrari 410 Superamerica by Scaglietti (same car) Lot 22, s/n 0671SA Condition 1- Sold at $1,320,000 Gooding & Co., Pebble Beach, CA, 8/18/07 SCM# 46557 Sports Car Market Darin Schnabel ©2011 Courtesy of RM Auctions

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SCM Digital Bonus a special Ferrari. Enzo suggested that he might like a 410 Superamerica with a special body by Carrozzeria Scaglietti. An agreement was reached, and Scaglietti provided a spectacular 410 that slightly resembled a 250 Tour de France — but with a brushed stainlesssteel roof, tailfins and rocker trim. About 17 years later, eminent Ferrari collector Ed Niles responded to a 1973 Los Angeles Times ad for the car. Niles reported that the car came to California through an estate in Texas, and he passed on it because it was “smoking ferociously.”He also noted that the car did not resemble the pictures that he had seen of it. He later found out that Carrozzeria Boano had modified the car for a previous owner. Among other things, the nose had been elongated, covered headlights added, the stainless steel fins painted body color and the dash redesigned. Stolen and stripped Shortly after the car was advertised in the Times, it was reported stolen. Sightings of the famous car circulated throughout the Ferrari world, and it appeared to be somewhere in Oregon. The rumors reached the ear of Ferrari collector Greg Garrison. Garrison was the producer of the Dean Martin show and other popular television shows of the era. He had a passion for coachbuilt cars, and he set his sights on tracking down 0671SA. He placed a want ad in every daily newspaper in Oregon. The ad featured a picture of 0671SA and offered a $1,000 donation to charity for information leading to the purchase of the car. Garrison hit pay dirt when a tipster revealed its location after $500 cash was added to the reward. By the time Garrison got to the car, the thief had tried to disguise it by removing the body and interior and allegedly throwing those parts in a lake. The chassis with drivetrain had been sold to a farmer, who had plans to use it as some type of tractor. A deal with all involved parties was put together, and a few days later the chassis was on its way to Italy for restoration. Mr. Garrison was a friend of the Ferrari factory and had produced a muscular dystrophy benefit that honored Dino Ferrari. The event raised $6 million for the charity, and shortly afterward, Garrison received a request to meet with Enzo Ferrari. At the meeting, Garrison showed Ferrari a picture of 0671SA and mentioned the car was in Italy, where it was to be restored. A half hour later, Garrison was at lunch, when he was surprised by a delegation that included Sergio Scaglietti, who announced that they were at his disposal to complete the restoration of the car. Restored to Pebble Beach splendor The car was restored to its original configuration with Scaglietti's assistance, and upon completion was returned to California, where it won its class at the Pebble Beach Concours four weeks later. The car remained a prized possession of Mr. Garrison until his death in 2005. SCM's Platinum database shows 0671SA selling at Gooding & Company's 2007 Monterey auction for $1.3m. The current configuration of 0671SA seems to be very authentic to the original, but it is understandable why a previous owner modified the car. The tail fins look like an afterthought, the center-mounted gauges are not practical, and the covered headlights were more attractive than the original open ones. Pictures of the original body show the tail fins and roof with a brush finish. However, they are engine-turned in the current configuration. Early Ferraris are hot, and the nearly $500k jump that 0671SA made from 2007 to 2012 confirms the trend. 0671SA may be the most famous of all the 410 Superamericas, but it is not the most valuable. The late Series III cars have a few refinements that give them a little extra favor in the marketplace, and our subject car's rebody surely limits suitors. At RM's sale on January 20, the car sold slightly out of its estimate but still within reason. The seller got a few extra bucks, but the buyer didn't overpay. There will always be collectors for coachbuilt Ferraris — and there are few cars to be had. This is a wonderful car with a great story. As coachbuilt Ferraris go, the buyer couldn't do much better. Put this one in the well-bought column. ♦ (Introductory description courtesy of RM Auctions.) SCM Digital Bonus. Additional images and more... April 2012 47 Courtesy of Dyke Ridgley

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Ferrari Profile The Cumberford Perspective Awkward magnificence on an extraordinary Ferrari chassis By Robert Cumberford T he Superamerica chassis was extraordinary in 1957, but this particular body is astonishingly inept in sur- face development and detailing. It tends to confirm a long-held suspicion that Sergio Scaglietti, however brilliant he was in creating competition car bodies — and he was the very best at that task, surpassing even Bianchi Anderloni's early Touring barchettas and coupes — was not really suited to creating refined road cars. This Superamerica is a magnificent machine, and few of us would not be delighted to possess it, but it is nonetheless partly awkward and clumsy. Consider the 1951 Studebaker headlamp rims. No, these are not actually N.O.S. South Bend parts as far as I can tell, as they are slightly more pointed toward the bottom than the Raymond Loewy originals, but there is no question that their design was taken without scruple and without success. Add in the too-flat, too-inclined roof panel, the garish add-on, engine-turned bright metal fins and the railway-inspired end-ofline buffers, and a lot of the usual Ferrari charm melts away. Look carefully at the front fender profile that flattens into a straight line above a pouchy, puffy fender underside ahead of the wheelhouse, the kitschy perforated sill trim and the big shiny grille in the fender side, and you can't help wishing that the last part of the shaping had been directed by Battista “Pinin” Farina himself, master of classicism and coherent, cohesive form. ♦ 12 5 2 3 4 10 11 6 1 FRONT 3/4 VIEW 1 No, these are probably not interchangeable with 1951 Studebaker lamp bezels, but they might as well have been, because the composition is identical. 2 The roof panel is rather flat transversely, and its highest point is just a few inches aft of the upper edge of the windshield frame. 3 The hood scoop really seems just to have been plopped on top, without much regard for the shape of the nose or the base of windshield curve. 4 The front 18 inches of the fender becomes a bit too straight as seen from this angle, and the upper fender profile goes wrong at the leading edge of the door. 5 The nose seems to flatten out ahead of the hood cut, with the 7 8 grille and its surrounding sheet metal recapitulating a Formula One car nose, separate from the fenders. 6 The rubber-tipped buttresses no doubt provide a little parking protection, but they are ungainly and inelegant. REAR 3/4 VIEW 7 The beautifully textured roof panel is a masterpiece of craftsmanship but not of form. It is too flat and drops too quickly toward the rear. 8 Fins were common in the late 1950s, and some were better integrated than others (Chrysler, for example), but these are just stuck on, neither respecting nor enhancing the body form. 9 Protruding exhaust pipes really do need protection. One can only imagine the splendid sounds ema- nating from them. A radio wasn't installed — or needed. 10 If the exhaust pipes actually did run under the sills, these vent holes were probably necessary. But were they really far outboard, or was this just overblown styling? 11 These grilles look more like the back panels of a refrigerator than carefully designed outlets for engine compartment air. 12 Notice that while there is a bit of crown in the window molding, the profile drops from the upper front corner, putting the high point for headroom well ahead of the driver's and passenger's heads. INTERIOR VIEW (see previous page) The steering wheel is wonder- ful, the seats are nice, and the door panels are OK, but the Chairman Mao-style diagonal quilting on the tunnel, bottom of instrument panel and side of the foot wells is seriously inelegant. This open slot is ideal for sunglasses but has a saggy bottom curve. Altogether this is a very disappointing, amateurish cabin. The black crackle-finish 11 48 10 9 instrument panel is ergonomically incorrect, with tach and speedometer in center, and it is cheap-looking to boot. Sports Car Market

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Sheehan Speaks Michael Sheehan So Many Ferraris, So Many Auctions The 1952 Pininfarina-bodied 342 America sold for $633k, which is a bargain for a ticket to the lawn at Pebble Beach A 1965 275 GTS, s/n 7885, brought $770k, and a 1973 365 GTB/4 Daytona, s/n 16965, brought $391k. All were strong prices in what is clearly a strong market. More strong Ferrari sales RM Auctions offered the one-off ex- Dottore Wax/Greg Garrison, Scagliettibodied 1957 410 Superamerica, s/n 0671SA, which sold for $1.8m. The ex-Lee Iacocca 1991 F40, s/n 87345, with less than 300 miles, sold for $781k, which is a strong sale for a car destined to be a floor ornament. A 1973 Ferrari 365 GTB/4 Spyder, s/n 16705, sold for $990k after spending more than a decade in an Ohio warehouse. The multi-Platinum-winning 1963 Ferrari 250 GT Lusso, s/n 4459GT, sold for $979k — big money. The 1952 Pininfarina-bodied 342 1952 Ferrari 342 America Coupe Speciale at RM, $633k I t doesn't get any better than this year's Scottsdale auctions for car collectors wanting to steal a week of summer in January while bidding on Ferraris. Collectors spent $184m to buy 2,183 cars during the annual auctionfest in and around Scottsdale. This year's total easily beat last year's $159m — and also beat the all-time high of $167m back in the boom days of 2007. Ferrari enthusiasts had to dedicate their time to only two auctions, with the hard-core aficionados bouncing back and forth between Gooding and RM. You got that loving feeling With the U.S. economy continuing to recover from 2008-09 and the Dow Jones back over 12,500, the collector car market keeps building that loving feeling. Collector cars are hard assets that can be easily transported and instantly converted into other currencies and whose values should beat the specter of looming inflation (or the possibility of further deflation). American (and Canadian) buyers are not hesitant to step up to buy the right car. While cars are not as liquid as stocks or bonds, the right car has far greater visual appeal, bragging rights and pride of ownership. As my generation, the Baby Boomers, rides into the sunset of our years, there is no lack of buyers or sellers looking for one more great ride. Muscle cars and American iron Barrett-Jackson sold a stunning 1,288 cars for a total of $92m, but with a very different business model than RM, Gooding or Bonhams. The usual endless stream of muscle cars, clones and customs was supplemented with a “Salon Offering Collection” of high-end cars that brought seven sales at over $1m. With only six low-end Ferraris on offer at Barrett-Jackson, the Ferrari aficionado was there for the show and not for the cars. Enzo-era sales Gooding & Company had seven Ferraris on offer. All were Enzo-era cars, with a 1959 250 LWB California Spyder, s/n 1505GT, selling for $3.9m, and a 1967 275 GTB/4, s/n 10159, selling for $1.2m. A 1965 500 Superfast, s/n 6049SF, sold at $1.1m; a 1963 250 GT Lusso, s/n 4393, sold at $880k; and the 1955 250 Europa GT, s/n 0405GT, brought $797.5k. 50 1959 250 LWB California Spyder, $3.9m at Gooding Sports Car Market America, s/n 0246AL, sold for $633k, which is a bargain price for those who want a ticket to the lawn at Pebble Beach. Just add $500k — or more — and a few years — or more — in the restoration shop of your choice. In any case, Ferrari led the way for RM's Arizona auction this year. Russo and Steele sold a 1967 330 GTC, s/n 8843, for an amazing $429k, and a 1972 246 GTS Dino, s/n 3908, sold for $200k, which is very strong for a driver-quality Euro 246 GTS. Speed, emotion, egos and bankrolls In the auction world, rapid-fire bidding and the adrenalin rush of a short time to decide whether to bid introduces a rush of drama and emotion into the equation, and it can be very volatile. If several well-heeled Type-A buyers want the same car, at the same place, on the same day, big egos and big bank accounts can result in some very high prices. There was obviously no lack of big bank accounts or big egos at Scottsdale this year. At the same time, the crowd is usually limited to a few thousand people at any given time, so if no one really wants to take a certain car home on that day, the bidding Courtesy of RM Auctions Pawel Litwinski, courtesy of Gooding & Co.

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1967 Ferrari 330 GTC at Russo and Steele, $429k and final sale can be well back of market. Avoid the snow, come for the show The Arizona auctions offer the seller a getaway loca- tion, a great show and the chance to get an over-the-fullmarket price at auction. While most of the cars at auction sell at market prices, sellers go in the hope that they might get that elusive, over-the-market price, as did the 330 GTC at Russo and Steele. On the other hand, they might offer the wrong car on the wrong day and get a back-of-market sale, as did the 1952 Pininfarina-bodied 342 America, s/n 0246AL, which changed hands at a bargain price. Next January, escape the snow, make the pilgrimage to Scottsdale, mingle with the masses, enjoy the show, and if you choose to be a buyer, get ready for a highstakes “bid-out” at the Modena corral. ♦ 1991 Ferrari F40 at RM — a strong $781k 1963 Ferrari 250 GT Lusso Berlinetta at RM — $979k April 2012 51 Darin Schnabel ©2011 Courtesy of RM Auctions Glenn Zanotti ©2011 Courtesy of RM Auctions

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English Profile 1929 Bentley 4½ Litre Dual-Cowl Sports Tourer Given that most vintage Bentleys have been rebodied at least once, this matching-numbers, original-body car is incredibly rare By Paul Hardiman Details Years produced: 1927–31 Number produced: 720 Original list price: $4,775–$5,200 (chassis only) SCM valuation: $671,000–$1,650,000 Tune-up cost: $400 Distributor cap: N/A (uses magneto) Chassis #: Engine compartment on firewall Engine: # On engine bearer Club: Bentley Drivers Club Ltd, W.O. Bentley Memorial Building, Ironstone Lane, Wroxton, Banbury, Oxfordshire, U.K., OX15 6ED More: www.bdcl.org Alternatives: 1919–27 Vauxhall 30-98 1934–35 Lagonda LG45 1928–34 Invicta 4½-Litre SCM Investment Grade: A Comps Chassis number: KL3584 Engine number: KL3584 Coachwork by Vanden Plas ingly heavy bodies. With the 6½ Litre in production, Bentley sought to combine the light chassis of the 3 Litre with the added power of a larger motor. The result was essentially a 3 Litre chassis with a cut-down, 4-cylinder version of the 6½-liter engine. With a handful of 4½ Litre Team Cars at their dis- B posal, the Bentley Boys quickly amassed Le Mans and Grand Prix finishes and victories. Although the Speed Six was the true victor at Le Mans for Bentley, it was Birkin's respect for the 4½ Litre that led to the development of the Blower Bentley. The 4½ was W.O.'s racing workhorse, but the pro- duction 4½ Litre was to be, in most cases, a luxury car fitted with saloon coachwork. For Bentley enthusiasts, the 4½ Litre was a racing car. Campaigned privately throughout Europe, the 4½ quickly gained a reputation for being the best-handling vintage Bentley with an exceptional power-to-weight ratio. As Bentley's preferred coachbuilder, Vanden Plas produced a standard Sports Tourer for the 4½ Litre. The fabric-bodied tourer with long wings was a handsome, sporting automobile and, with its lightweight construction, the 4½ proved a fast car. In addition to the standard coachwork, Vanden Plas built bodies to order, as 52 y 1926, Bentley saw a need for a new 4-cylinder model. Although a Le Mans winner, the 3 Litre was wanting in international competition, and the standard road cars suffered from increas- is the case with KL3584. As with previous design 464, the body was to include a second cowling and screen, which was a body style used on a small number of Speed Six chassis. The front doors were fitted with roll-up windows — a rare and luxurious appointment in 1929. The body remained closed-coupled, enclosing the brake lever, with the coachwork ending directly over the rear axle. Ordered through Kensington Moir and Straker Ltd., KL3584 was delivered new to Capt. P.R. Astley of Portland Place, London, in late 1929. Throughout his ownership, the car saw regular maintenance with Bentley Motors, accruing nearly 20,000 miles. In 1931, Astley wed stage actress Madeleine Carroll, and the 4½ was sold. The second owner was A.M. Jones of North Kensington, London, and the Bentley continued to receive factory servicing. With approximately 25,000 miles on the odometer, the 4½ was sold to J.B. Stennett of The Laurels, near Winchmore Hill in England. Factory service records continue to note maintenance into 1938 without any major work or replacement of parts. During World War II, the whereabouts of KL3584 re- mained unknown, although early post-war photographs show that it survived in London undamaged. Acquired by avid Bentley enthusiast H.J.K. “Tony” Townsend, KL3584 saw spirited use for 13 years, until it passed to Per Thorvaldson in Norway. Six years later, Philip 1929 Bentley 4½ Litre Le Mans Lot 34, s/n NX3457 Condition 2+ Sold at $824,626 H&H Duxford, U.K., 9/21/11 SCM# 185908 1928 Bentley 4½ Litre Lot 157, s/n PM3252 Condition 3 Sold at $770,000 Gooding & Co, Pebble Beach, CA, 8/21/11 SCM# 183916 1930 Bentley 4½ Litre Blower Lot 114, s/n MS3928 Condition 2 Sold at $1,760,000 Gooding & Co., Pebble Beach, CA, 8/13/08 SCM# 117564 Sports Car Market Mathieu Heurtault, courtesy of Gooding & Company

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SCM Digital Bonus Wichard of Glen Cove, Long Island, saw the car there during a trip to Europe, negotiated a deal, and by 1971, KL3584 was bound for America. With lasting restoration work dating from Mr. Townsend's ownership, KL3584 needed little preparation before Wichard could show the car. In its first major outing at the RROC National Meet in Newport Beach, CA, KL3584 was the first Bentley to win Best of Show at an RROC National Meet. Seen here in a fitting dark green finish with impres- sive patina, KL3584 remains exceptionally original. The original frame and engine remain, as well as the original and desirable C-type gearbox. The 4½ has a proper appearance, both under the bonnet and in the driver's seat. An original Vanden Plas body tag is mounted above the dash, as well as a plaque denoting its 1973 Best of Show. With the growing status of pedigreed vintage Bentleys as collectible motorcars, KL3584 is a motorcar of great significance. SCM Analysis This car, Lot 33, sold for $2,145,000, including buyer's premium, at Gooding & Company's sale in Scottsdale, AZ, on January 20, 2012. The first Bentley Motors Ltd. was founded in 1919, and between then and 1931, W.O. Bentley created the motor cars that became a legend. They are prized and treasured possessions almost a century later, something that would have surprised the intensely modest Walter Owen Bentley, but he also would have been very proud. Replacing the Bentley 3 Litre, the 4½ is famous for epitomizing pre-war British motor racing and for its popular slogan: “There's no replacement for displacement,” which W.O. created with victory at Le Mans the aim. A total of 720 4½ Litres were produced between 1927 and 1931, including 55 supercharged cars. The Vanden Plas Vintage Bentley strikes an iconic image, recognizable the world over. For many, it's the Vintage Le Mans car — don't forget that Bentleys won the 24 Hours four times consecutively from 1927 to 1931. It made such an impact on writer Ian Fleming that he drove one, as did his alter ego James Bond in the first three 007 novels. Very minor changes over time When our subject car was sold new to Capt. Astley, the body was finished in black with painted lamps, and the car sported drop windows at the front — only two were built like this. Since the 1950s, the car has gained a better radiator mascot and a few extra badges and running-board toolboxes. The car has lost its central spot lamp, and the fake radiator louvers were fitted while in the ownership of Tony Thompson, presumably to give the car the appearance of an 8 Litre. Around the same time, the original headlamps were changed to Lucas P100s, painted black like the originals and fitted to the original Barker dipping system. After 24 years of ownership, in 1995, our subject car was sold for $365,500 against an estimate of $270,000 to $300,000 when Christie's disposed of the Wichard Collection in New York, making it as expensive as a Blower was then. The buyer, Nicholas Springer of Maidenhead, Berkshire, England, kept the car for four years before selling it to German collector B. Fusting. In 1999, KL3584 received its FIVA Passport and was displayed at the Concorso d'Eleganza Villa d'Este. In 2003, the car was briefly sold to Christophe Grohe of Switzerland before returning to Germany in 2008, where it found a home with Uwe Kai on the Tegernsee outside Munich. In Kai's ownership, the 4½ received some needed attention and regular maintenance. Receipts from 2005 to 2010 account for work, which included the installation of an overdrive for 4½ Litres. The overdrive is not original, but it's invisible and reversible, although current thinking is that a taller diff ratio is a more elegant solution for Bentleys that need longer legs for modern traffic. Climbing values for originality Our subject car would be welcomed at any rally or concours with open arms, and the second cowl and collapsible rear screen make it a very adaptable and comfortable touring car. In comparison with our subject car, the most recent public sale of a 4½ Litre car was at the H&H Auctions Buxton, U.K., sale in September 2011. This car was first owned by Woolf Barnato — but not with the original body, as the current Le Mans type body was fitted in the 1980s, although it was always in the style of Vanden Plas. It fetched $824,626, which was considered the right money. But the real point here is the $2.1m paid for our sub- ject car. That money comes from a collectors' market that is increasingly willing to pay a premium for originality. Our subject car fetched way over its estimate of $1.2m to $1.5m, especially when a 50% premium over an average rebodied 4½ would have appeared fair. Given that Bentley Motors habitually chopped and changed mechanical components, and that most vintage Bentleys have been rebodied at least once in their lives — usually with non-original, Vanden Plas-type replica bodies — this matching-numbers, original-body car is incredibly rare. That meant the seller could practically hold out for any price, secure in the knowledge that there would be a buyer for this important artifact. Extremely well sold, but only slightly less well bought. And in today's era of enlightened collectors, we can safely assume this important artifact will be preserved, not (heaven forbid) restored. ♦ (Introductory description courtesy of Gooding & Company.) SCM Digital Bonus. Additional images, Seat Time and more... April 2012 53

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Etceterini & Friends Profile 1956 Lancia Aurelia B24S Convertible This transaction is certainly an outlier and could not be reproduced with an ordinary car by Donald Osborne Details Years produced: 1956–59 Number produced: 521 Original list price: $5,500 Current SCM Valuation: $225,000– $350,000 Tune-up cost: $350–$1,000 Distributor caps: $160 Chassis #: Engine compartment on firewall Engine #: Stamped on right side of block Club: American Lancia Club More: www.viva-lancia.com Alternatives: 1958–62 Alfa Romeo 2000 Spider, 1960–61 Porsche 356B Cabriolet, 1956–59 BMW 503 Convertible SCM Investment Grade: A Comps Chassis number: B24S1205 Engine number: B241321 I n 1954, Lancia introduced a sporting Pininfarinadesigned Spider aimed at the American market. After a brief production run, Lancia replaced the Spider with a more developed convertible, complete with a more substantial soft top and roll-up windows. Between 1956 and 1958, only 521 B24 convertibles were built, of which approximately 160 were constructed on the desirable Fifth Series platform. When new, these elegant open Aurelias commanded a price tag approaching $5,500, but for those who demanded quality, performance and style from their sports car, it was well worth it. In 1961, with just over 35,000 original miles on the odometer, this Lancia blew a head gasket. Instead of repairing the 5-year-old sports car, the owner decided to store the convertible in his garage, where it remained virtually untouched for more than four decades. In 2005, the Lancia finally emerged from storage, and restoration of the car was begun. However, after three years, the project had not advanced beyond preliminary stages and, in 2008, it was sold to the current caretaker. During the next two years, the Lancia was treated to a complete restoration, performed to the highest standards of cosmetic and mechanical excellence. Renowned marque specialist Tony Nicosia performed a comprehensive mechanical restoration, Steve Beckman's Metalworks addressed the paint and bodywork, and Angels Plating restored the chrome and trim pieces to their original brilliance. The consignor, a gentleman well versed in highquality Italian sports cars, completed the final assembly 54 and ensured that all the details were properly addressed. After the bodywork was prepared to exacting standards, it was finished in an elegant metallic silver-gray that lends an appearance that is both striking and understated. The cockpit was carefully reupholstered in red leather, as it was originally done. It should also be noted that this exceptional B24S is accompanied by its original tool kit and jack, as well as a correct owner's manual and top instructions. Even the original yellow and black California license plate “SNC 531” remains with the car after all these years. SCM Analysis This car, Lot 132, sold for $561,000 including premium at the Gooding & Company Scottsdale sale on January 21, 2012. The sale of this car was a world record at auction for the model. It astonished most onlookers and left many in the Italian car universe wondering what had happened. To put the sale of this car into context, let's go to the fundamentals and look at the attributes of value that apply in this situation — and how they affected the remarkable-but-not-surprising outcome. Key attributes applicable here are beauty, usefulimportance, provenance, rarity and ness, historical condition. Pininfarina's design for the open two-seater Lancia Aurelia, the B24, debuted in 1954 as the “Spider America,” and as its name implied, it was aimed squarely at the ravenous U.S. market for sports cars in the 1950s. As such, a prominent design feature was the dogleg wrap-around windshield, a very transatlantic touch. 1957 Lancia Aurelia B24S convertible Lot 68, s/n B24S1317 Condition 2+ Sold at $165,000 Worldwide, Auburn, IN, 9/2/11 SCM# 185763 1957 Lancia Aurelia B24S convertible Lot 255A, B24S1416 Condition 1Sold at $211,140 Bonhams, Monaco, 5/18/09 SCM# 120543 1957 Lancia Aurelia B24S convertible Lot 65, s/n B24S1416 Condition 2 Not sold at $147,000 H&H, Coventry, U.K., 3/14/09 SCM# 119870 Sports Car Market Pawel Litwinski, courtesy of Gooding & Company

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SCM Digital Bonus The Spider America also was a Spartan, true roadster, with side curtains, no glovebox and no external handles for doors and trunk. The look of the Spider recalled that of Pininfarina's 1953 Lancia D24 racer, which triumphed in the Mexico Panamericana road race and the Mille Miglia. The car also evoked the breathtakingly beautiful Maserati A6 GCS/53 Berlinetta. The changes in style that came with the transformation from Spider to convertible in 1956 essentially retain the look of the original design, so the B24 convertible scores in our beauty category. Heavier, more comfortable In line with the developments in the Aurelia B20 coupe, which moved it from a lighter, performance-oriented stance to one of more comfort and refinement, the B24 convertible added taller doors with roll-up windows, a more upright windshield with vent windows, exterior door handles and a glovebox door in a more substantial dashboard now more similar to that of the B20 coupe. The differences added about 300 pounds in curb weight, while the newer model lost some power, falling about 18 horsepower in output. Those changes certainly altered the character of the B24 convertible, but those who might think it morphed into a cushy, slow, wallowing boulevardier compared with the Spider are completely wrong. In addition, a fairly interesting difference arises between the B24s manufactured in 1956 alongside the 5th Series B20 coupes and the later 1958 and 1959 B24s, built with the 6th Series B20 coupes. The earlier cars share with the Spider America a fuel tank behind the seats above the rear axle. The tank was moved into the trunk, just behind the axle, in the later cars. This does have a bit of an effect on handling, mainly the transition from full to empty tank, which is less keenly felt in the 1956 cars than in those built afterwards. This gas tank move also minimizes the handling differential between the Spider America and the 5th Series convertible, but it does make folding the top of the early convertible more of a challenge and also reduces the bonus storage space behind the seats. The larger clutch and brakes of the convertible, not to mention windows and a top that seal reasonably well, make it far more hospitable on a 1,000-mile rally than the Spider. Eligible for all the events that would welcome a Spider, our convertible ranks high in the useful category as well. On the historical front, it's generally true that the first and last years of a model are those most sought after. Our car sits in the middle, which might lessen its appeal, but see above for reasons why it might not lose as much as would be assumed. Here, we'll score it average in historical importance. Always a yellow-plate car Our car's provenance is pretty impressive, as it is a California car from delivery that remained there its entire life, with two owners from new and still retaining its original license plates. The seller was also a well-known California Italian sports car family known for high-quality Ferraris. Full marks in the provenance department. There were 521 B24 convertibles made, against 240 of the Spiders. However, there were only 160 of the 5th Series Convertibles, which arguably combine the best features of both types. So, in the rarity sweepstakes, this car can also move near the head of the line. Finally, we come to condition. I have seen many Aurelia Spiders and convertibles, and had the opportunity to drive a number of them. The restoration done on this car was exceptional. Especially impressive were the detail finishes that were as Lancia intended and no better. The body was prepped thoroughly, with excellent panel fit and gaps, finished with superbly applied paint. The chrome and bright trim showed no flaws and the interior was as-new. In fact, the only issue I could find cosmetically was a three-inch stretch of beading trim on the dashboard over the tachometer that was slightly adrift. Returning to the paint, a lovely shade of “Grigio Metallizato,” a discussion arose with a very good friend of mine, a talented and knowledgeable Italian restorer who felt it was far too light to be correct. But I don't mind the color at all. Winner of its class at Concorso Italiano in 2011, this car's quality has been acknowledged. Drives as well as it looks It's not often that I have the opportunity to drive a car that I profile in these pages, but I did spend some time in the driver's seat of this car thanks to my duties as co-host with Publisher Martin of “What's My Car Worth?” on Velocity TV. We shot this car for an upcoming episode, and the test drive fell to me. It's here that I was really impressed. It quickly became clear that as much time had been spent underneath the shiny paint as above. It drove as well, if not better, than it looked and truly impressed as one of the best I have ever experienced. If a grade above an A could be given for condition, it would earn it here. The differential in prices between the Spider, which as far back as 2007 was commanding up to $500k for the best examples, and the convertible has always seemed to be far wider than justifiable. The gap has been slowly closing, and now with this sale of an extraordinary example squarely in Spider territory, it will further shrink. Make no mistake — this transaction is certainly an outlier and could not be, and should not be expected to be, reproduced with an ordinary car. But it is further proof, if any is needed, that in the current market the best sets its own level, regardless of what the comparables might say. A rare case of extremely well sold — and equally well bought. ♦ (Introductory description courtesy of Gooding & Company.) SCM Digital Bonus. Additional images, Seat Time and more... April 2012 55

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German Profile 1955 Mercedes-Benz 300SL Alloy Gullwing The $1,000 premium compared with a steel car in '55 turned out to be a rather good investment By Simon Kidston Details Years built: 1955–56 Number built: 29 (26 in '55, three in '56) Original list price: $9,000 Current SCM Valuation: $3,000,000– $4,000,000 Tune-up cost: $2,000–$3,000 Distributor cap: $300 Chassis #: Left front frame (stamped) and center firewall (plaque) Engine #: Below cylinder head, right front of engine Club: Gull Wing Group 776 Cessna Avenue Chico, CA 95928 More: www.gullwinggroup.org Alternatives: 1959–62 Ferrari 250GT SWB Berlinetta, 1957 Jaguar XK-SS, 1959–62 Aston Martin DB4GT Zagato SCM Investment Grade: A Comps Chassis number: 1980435500208 D erived for sport, this aluminum Gullwing did not see competitive use. Completed on April 20, 1955, 5500208 was appropriately finished in metallic silver gray over a blue leather inte- rior. The 300SL was also outfitted with Rudge wheels, the NSL motor and Plexiglas windows per aluminumbuild specifications. On May 27, 1955, the alloy Gullwing was shipped to Veron Holz of Bonita, CA. Although the early history of this Gullwing is not known, there is no apparent race record for 5500208. In March 1980, the 300SL resurfaced in San Diego, and it was sold to Hans Dieter Blatzheim of Germany. The purchase price was an astonishing $57,000 for an unrestored car. In need of some attention, the alloy Gullwing made its way to the well-known Hill & Vaughn restoration shop in Santa Monica, CA. The car is accompanied by a file of invoices and photographs documenting the work performed, including meticulous fitting of the doors, hood and deck lid. Additionally, the engine and gearbox were sent to AMG for rebuilding. For unknown reasons, Herr Blatzheim then requested that 5500208 be sent to Germany. Further photo documentation shows the restoration and assembly of the chassis and completion of the car in silver with gray leather. In May 1984, 5500208 was sold to Markus Ahr of Germany. During his ownership, work was performed by Daimler-Benz, including a rebuild of the engine. Ahr kept the car into the 1990s, at which time work was performed by Kienle. Photo documentation shows 56 a rebuilding of the transmission, rear end, brakes and suspension completed in 1998. Not long after, the alloy Gullwing was sold to Friedhelm Loh, a noted German collector. In 2009, Ken McBride of Seattle acquired 5500208. Although his collection was diverse, McBride had always focused on Mercedes-Benz. Late that year, McBride fell ill, and the newly acquired Mercedes-Benz took a back seat. The Gullwing was sent to noted 300SL restorer Rudi Koniczek for some necessary sorting. McBride wanted certain aspects of the car corrected, predominantly the shade of silver and the interior. The alloy Gullwing was stripped and repainted in its original silver (DB 180). The gray leather interior was removed and the correct blue leather was installed. One deviation from the original was the addition of seat cushions upholstered in plaid. In mid-2011, Koniczek had finished the restora- tion but McBride passed away before he could see the final masterpiece. Shortly afterward, McBride's wife, Patty, and the rest of the family chose to show the alloy Gullwing at the Kirkland Concours d'Elegance, where it won its class. The finish of the 300SL is of the highest level, and the car retains a very correct appearance. The original engine remains, correctly stamped NSL. Additionally, the Gullwing has belly pans, and its chrome Rudge wheels are original. The luggage is properly finished in natural pigskin, the Becker radio is correct, the grille has the proper “curved star” — the list goes on and on. 1954 Mercedes-Benz 300SL Lot 5000, s/n 1980404500129 Condition 2 Sold at $2,200,000 Barrett-Jackson, Scottsdale, AZ 1/21/2012 SCM# N/A 1955 Mercedes-Benz 300SL Lot 249, s/n 1980405500601 Condition 2+ Sold at $1,375,000 RM Auctions, Phoenix, AZ, 1/20/2011 SCM# 168715 1955 Mercedes-Benz 300SL alloy Lot 22, s/n 1980435500189 Condition 1 Sold at $941,166 Artcurial, Paris, 2/12/2006 SCM# 41061 Sports Car Market Pawel Litwinski, courtesy of Godding & Company

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SCM Digital Bonus Furthermore, this alloy Gullwing is accompanied by a tool kit, knockoff hammer, jack, comprehensive documentation, a Mercedes-Benz Certificate, an owner's manual, instruction manual, spare parts catalog, service book and Becker radio manuals. As one of the most iconic motorcars of all time, it can easily be said that the alloy Gullwing is the most significant road-going Mercedes-Benz of the post-war era. SCM Analysis This car, Lot 27, sold for $4,620,000, including buyer's premium, at Gooding's Scottsdale auction on January 20, 2012. Scottsdale and Gullwings seem to mix well. RM set a record for a steel-bodied car in Arizona last year — a whopping $1.375 million, which most observers put down to an almighty battle of two egos. Then, just a year later, we witnessed two new world records at Scottsdale 2012: one for a perfectly standard steel Gullwing showing just 4,149 miles at Barrett-Jackson, which sold for $2.2 million, and, of course, $4.6 million for our subject car — a rare aluminum Gullwing at Gooding. The Gullwing owners' Internet forum has been ablaze with comments ranging from “What were they thinking?” to “I always believed alloys should be worth as much as a steel Ferrari 250 SWB,” followed by a rather hopeful: “Steelies will be next.” There has also been much debate, most of it from well-informed sources, about the mechanical variations between steel- and alloy-bodied Gullwings. Digging back to the start It appears to me that, as prices of the two grow apart, people come up with new and exotic-sounding technical differences to match. To separate fact from fiction, I flew to Stuttgart to meet Michael Bock, head of Mercedes-Benz Classic, and spend time in the factory archive. What I discovered is fascinating: The Mercedes-Benz board sanctioned the alloy body option on February 22, 1955, for clients wishing to participate in FIA races where a limited weight saving was allowed compared with the standard car. The price premium for this “Leichtmetallausführung” was set at $1,000 (5,000 DM for Germany, where the steel car listed at 29,000 DM) — making the final price 34,000 DM, or $6,800. Herr Bock Sr. paid 55,000 DM for a nice town house that same year, by means of comparison. A prototype Gullwing with alloy body, engine and rims was found to weigh 286 pounds (130 kg) less than the standard car. The alloy engine alone saved 97 pounds (44 kg), and a further 15.8 pounds (7.2 kg) could be saved with plexi windows. In the end, only the alloy body itself was deemed suitable for production, resulting in a total weight of 2,494.8 pounds (1,134 kg) compared with 2,695 pounds (1,225 kg) for the steel body, a 200-pound savings. And what about the much-debated mechanical differences? Great fuss is made about the NSL engine. The factory confirms that this “Sonderteile” (special parts) engine, which was a popular option available on both steel and alloy cars, consisted of a sportier camshaft (standardized on the roadster), which added about 15 horsepower, paired with a different butterfly throttle valve for the injection pump and an appropriately calibrated distributor. The 8.55:1 compression ratio remained unchanged, but alloy cars did receive differ- ent springs and shock absorbers. Externally, all 29 alloy cars featured Rudge knockoff wheels (optional on steel Gullwings) and beading between the eyebrows and body (standard on early steel cars), so these are not infallible visual clues. Why $4.6m? So, back to our subject Gullwing. Factory records confirm it was the sixth made, and, curiously, show it was supplied with three complete rear axles with differing ratios, which suggests the owner may have planned more than just driving to the shops with it — unless he was a fast shopper. It had optional bumper overriders and sealed beam headlights, both typical for the U.S. market. It also has the “Sonderteile” engine and Rudge wheels as expected, but no suitcases or radio, so these have been added since (the cases in the car are repro items anyway). The colors were indeed silver with blue leather, as cataloged, with the cloth check seat cushions (which are easily interchangeable) recently added. So far, so good. I've spoken to various experts who examined this car, and I admired it during the viewing. Everyone agreed it had great visual appeal. In fairness, it had been completely restored recently, but the belly pans that came as standard on all Gullwings seem to have been removed, and the front left corner of the car may have made contact with a solid object at some stage in its life. The windows appeared to be glass, not plexi, but re- search suggests this is correct. So, in terms of condition, this car was arguably not a show-stopper, but it was very nicely presented. As for this car's history, alloy Gullwings tended to be ordered by sporting drivers. Among the 29 lucky first owners we find names such as Lance Reventlow and Rob Walker. Veron Holz was obviously a fortunate man too, but his ownership won't give this Gullwing quite the same aura. Overall, therefore, this car probably ranks in the middle of the alloy Gullwing order of merit. And what of its price? The last alloy to appear at auction made less than $1 million barely five years ago — that's how rarely they are sold in public. Our subject car was on the market in 2008 for about $1.2m. Recent, private sales have taken place in the $1.8m–$2.5m range, and an offer of $2.5m was made on this car before the auction. So how do we get to $4.6m? Buyers like fresh cars, departed vendors often evoke more sympathy than those still with us, and we all know that competitive bidders fueled with auction euphoria sometimes do things they might not do the next day. Was this car well sold? Yes. How much the next one makes will tell us just how well. ♦ (Introductory description courtesy of Gooding & Company.) SCM Digital Bonus. Additional images and more... April 2012 57

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American Car Collector Profile 1931 Chrysler CG Imperial Convertible Victoria This car is a union of the 145-inch wheelbase Chrysler CG Imperial Convertible Victoria and the creative design of the Waterhouse Coachbuilding Company by Carl Bomstead Details Years produced: 1931–32 Number produced: 99 chassis supplied to coachbuilders in 1931 Original list price: $3,320 Current SCM Valuation: $400,000– $600,000 Tune-up cost: $450 Distributor cap: $200 Chassis #: Right front door hinge post Engine #: Top of timing gear cover Club: Classic Car Club of America More: www.classiccarclub.org Alternative: 1932 Lincoln Model KB by Waterhouse, 1931 Packard Eight 845 Deluxe by Waterhouse, 1929 DuPont Model G by Waterhouse. SCM Investment Grade: B Comps Chassis number: 7802831 T his 1931 Chrysler CG Imperial Custom Convertible Victoria by Waterhouse was produced on June 15, 1931. The known history dates to 1939, when Calvin Collins of New York purchased it from the McCormick garage. The Collins family enjoyed the car for several years, but it was almost lost to the scrap metal drives of World War II. At the insistence of Collins' young son, Scott, the sculpted Imperial was spared, but in the balance of patriotism and patronage, the Chrysler gave up the single heaviest piece of metal that could serve as war material — its engine. The car was salted away in the family barn, and the younger Collins dreamt of restoring the old car; he collected original parts over the years to serve a future restoration. In 2009, Scott Collins sold the CG Imperial, after it was in the family for 70 years, to noted Canadian restorer Richard Grenon. Richard stated the car was in excellent condition — even though it had been exposed to the elements — but the aluminum body and the chassis had fared remarkably well. The majority of the wood framing required replacement, but only three inches of the lower quarters required replacement. Many of the original wood pieces and smaller chrome elements still bear the “163” stamping, which was the Waterhouse job number. Between 2009 and 2011, 6,000 hours were spent restoring CG 3843. It is finished in the original color of 58 black with caramel coachline. Notable features include an interior light and full rear window, both of which are Waterhouse trademarks. The result is, in a word, stunning. SCM Analysis This Chrysler CG Imperial Convertible Victoria, Lot 214, sold for $522,500, including buyer's premium, during RM's Arizona Biltmore sale on January 20, 2012. Chrysler introduced the Series CG Imperial in July 1930, and it was a completely different automobile than the company's previous luxury cars. It carried an 8-cylinder engine, it rolled on a longer, 145-inch wheelbase and the radiator shell had become a grille that was canted back at a rakish angle. The long hood and flowing fenders accentuated the length of the car. The Imperial's all-new engine was a 384.4-ci straight eight that generated 125 horsepower. This car is a delightful union of the elegance of the 145-inch wheelbase Chrysler CG Imperial Convertible Victoria and the creative design of the little-known Waterhouse Coachbuilding Company of Webster, MA. An unlikely start Four of the most unlikely of partners formed Waterhouse in 1928. One was a bankrupt taxicab body manufacturer, another a stockbroker who had studied at Harvard, 1932 Lincoln Model KB by Waterhouse Lot 16, s/n KB9 Condition 1 Sold at $203,500 Gooding & Company, Pebble Beach, CA, 8/18/07 SCM# 46548 1931 Chrysler Imperial CG by Waterhouse Lot 154, s/n 7801063 Condition 1Sold at $522,500 RM Auctions, Amelia Island, FL, 3/13/10 SCM# 159900 1931 Lincoln Model K Victoria by Waterhouse Lot 20, s/n 68757 Condition 3+ Sold at $231,000 Gooding & Company, Oxnard, CA, 10/21/06 SCM# 43389 Sports Car Market Courtesy of RM Auctions

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SCM Digital Bonus the third an unemployed accountant, and the final member was a body repair foreman working at Cadillac. Two of the group were Charles Waterhouse and his son, L. Osborne Waterhouse, who were descendants of a vehicle body manufacturer and wanted to continue their family tradition. They were certainly not an overnight suc- cess, as they lived in modest rental housing and drove Model A Fords rather than examples of their own work. In fact, one of their first orders was for 200 small wooden boats that, although they were not exactly custom coachbuilding, did generate much-needed cash. Waterhouse, in time, developed a relation- ship with DuPont and produced 82 bodies for them between 1929 and 1930, and their designs went on to grace Packard, Lincoln, Marmon, Cadillac and even Rolls-Royce automobiles. The Great Depression, which started in 1929, was a difficult period for the luxury car market, and many marques and custom coachbuilders shuttered their doors. Waterhouse had built an estimated 296 bodies when, in 1933, they withdrew from coachbuilding to concentrate on making upholstered furniture. One of three Waterhouse-bodied Imperials In 1930, Chrysler signed a contract with Waterhouse. In an interview conducted in 1969, Moses Waterhouse stated that 120 custom bodies were delivered to Chrysler. That number is unrealistic, as it exceeds the total Chrysler production released to custom coachbuilders other than LeBaron between 1931 and 1933. Larry Waterhouse, the grandson of the firm's founder, estimates the number to be 31, with at least three Waterhouse-bodied Chrysler Imperials surviving. One of the remaining 1931 Chrysler CG Imperial Victorias with a Waterhouse body was offered at RM's March 13, 2009, Amelia Island sale. It realized $522,500 — as did this car — but it was not finished to the same exacting detail as our subject car. The Amelia Island car didn't have interior lights mounted in the rear top bow, the running board material was incorrect, it did not have the distinctive Waterhouse sun visor, and the windshield-wiper motor was mounted incorrectly. The Chrysler Imperial presented at this sale was a fresh restoration that was finished to exacting detail, with particular attention to authenticity. It was a superior car compared with what was offered three years earlier, but it sold for the same amount. Auctions can be unpredictable, but it always takes at least two bidders to move a car upward in price. In this case, the buyer was prepared to go to at least $600,000, but his lower bid won the car. The buyer was thrilled, and he feels the car was very well bought. We certainly agree. ♦ (Introductory description courtesy of RM Auctions.) SCM Digital Bonus. Additional images and more... April 2012 59

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Race Car Profile 1967 Fiat Abarth TC Berlina Corsa The vast majority of Italian racing automobiles (by number, if not reputation) of the past 70 years have been tiny, obscure and weird by Thor Thorson Details Years built: 1965–70 Number built: Unknown Original list price: Unknown Current SCM valuation: $25,000–$35,000 Cost per hour to race: $400 Chassis #: Left wheelwell of engine compartment Engine #: Left rear of block Club: Fiat-Lancia Unlimited More: www.fiatclubamerica.com Alternatives: 1962–64 Austin Mini Cooper, 1961–71 Austin Sprite, 1964 Renault R8 Gordini SCM Investment Grade: C Reason to buy: A fun, cheap pocket rocket for local racing Comps Chassis number: 1667 T he Abarth reputation as a giant-killer was cemented on the racetracks, rallies and hillclimbs of Europe and America, as funny-looking but potent little Fiat sedans stormed to class wins and group championships in event after event. Based on the Fiat 600D introduced in 1960, the 850 TC, for Turismo Competizione, boasted an 847-cc, Abarth-tuned engine with 52 horsepower capable of a 92-mph top speed. Disc brakes were fitted as part of the enhanced suspension package. From the TC came the 850 TC Nürburgring Corsa, with an additional 16 horsepower and the large front-mounted radiator. This, combined with the propped-open rear engine lid, gave this series of cars their very distinctive look. That raised engine cover, first done in the name of more efficient engine cooling, also had the not-inconsequential benefit of acting as a very useful rear wing, which generated considerable downforce to help plant the rear drive wheels of the car. Next up was a further development of the block to 982-cc, which gave birth to the Fiat Abarth 1000 TC. Running against the heretofore dominant Mini Coopers in the D Sedan class, they proved a formidable adversary. In fact, they ended up being banned from SCCA competition, such was their record. The 1967 Fiat Abarth TC Berlina Corsa offered here was discovered by the vendor in 1997 sitting in a back yard in Paso Robles, CA. Part of an estate being 60 liquidated, it was missing its engine and wheels, and parts were scattered about. A two-year search ensued to locate the correct pieces to begin a rebuild, aided by information from Al Cosentino, a noted authority who was once an Abarth importer and racer. As completed, the car is fitted with a full-race, high-performance 1050-cc Abarth engine, said to deliver 110 horsepower at the 8,000-rpm redline. It puts that power through a 5-speed Abarth transmission and a limited-slip, closeratio differential. An Abarth remote oil filter works with the front-mounted oil cooler and Abarth radiator to keep things cool at speed, and Girling disc brakes haul it down when needed. Koni shocks and Campagnolo Abarth wheels — six-inch in the front and eight-inch in rear — keep things nailed down around corners, as does the evolutionary rear engine hatch, which is a fixed spoiler. The original 1967 instruments can be seen in the factory binnacle, while a few additional modern gauges to monitor all engine systems have been sensitively mounted atop and below the dashboard. This Fiat Abarth remains a potent racing weapon, having recently been run in VARA events at Las Vegas and Buttonwillow as well as in HSR events at Las Vegas and Phoenix. It has been the winner of the Phoenix Historic Festival “Mini Cooper/Abarth/Lotus Challenge” three consecutive years, and the vendor states it to be “the fastest Berlina Corsa on the West Coast.” 1964 Fiat Abarth 850 TC Stradale Lot 140, s/n 1427366 Condition 3+ Sold at $22,967 Bonhams, Monte Carlo, MCO, 5/20/11 SCM# 179373 1964 Austin Mini Cooper S Lot 119, s/n CA297487769 Condition 3 Sold at $34,831 Artcurial, Le Mans, FRA, 7/9/10 SCM# 165323 1966 Fiat Abarth 100 OTS Lot 173, s/n 43313 Condition 3Sold at $24,528 Coys, Padua, ITA, 10/24/09 SCM# 153133 Sports Car Market Evan Klein, courtesy of Bonhams

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SCM Digital Bonus SCM Analysis This car, Lot 303, sold for $46,800, including buyer's premium, at Bonhams' Scottsdale auction on January 19, 2012. When people think about Italian racing cars, they almost ex- clusively imagine Ferraris and Maseratis — even Alfa Romeos. In short, they picture relatively large, snarling examples of exotic engine technology powering svelte alloy bodies mounted on hand-built chassis and suspensions. This scenario is only partly right. The vast majority of Italian racing automobiles (by number, if not reputation) of the past 70 years have been tiny, obscure and weird. From Cisitalia through Giannini and Moretti and on to Abarth, they have been mostly Fiat-based, limited-production, almostspecials — cars that are more cute than fearsome. They have embodied the post-war Italian reality and personality: limited by government, taxes and pocketbook — but still determined to charge flat out down the road with as much speed, style and verve as possible. The Stan Mott “Cyclops” caricature drawings in Road & Track caught the essence of these cars. The Cyclops drawings were clearly based on some variation of the Fiat Abarth, a tiny Quonset hut above four tiny wheels with a huge stinger exhaust sticking out the back, always careening through the drawing with a pair of wild eyes behind the windshield. This is the essence of the Fiat Abarth image; it's almost impossible to even think about them without grinning. I will argue that Abarth came by the image honestly. Carlo Abarth was a self-taught engineer who had worked with some of the greatest and set off on his own in 1949 by purchasing the bankrupt remains of Cisitalia. He bumped along for a number of years, producing specials and developing aftermarket speed equipment and exhaust systems, primarily for Fiats. The Fiat 600 Things changed in a big way in 1956 when Fiat brought out its 600 model. The 600 was tiny and cheap, but it was very well engineered and proved to be an excellent platform for what Abarth did best — low-budget hot rodding. I should note that Fiat was not unhappy with Abarth's enterprise. Although the 600 was a “car for the masses,” the adrenaline was never far below the surface at Fiat, and Abarth quickly became their quasi-official high-performance and racing arm. Through the late 1950s, Abarth developed and homologated modifications includ- ing a 5-speed transaxle and 4-wheel disc brake conversions for the cars, and he also started wringing serious horsepower out of the engines (if anything from a pushrod 850-cc engine can be considered serious). By the early 1960s they had a competitive FIA Group 2 racing sedan. Among the developments was the now-iconic raised rear deck lid — ostensibly to improve cooling (the radiator was still in back in those days) — but its real purpose was to clean up the aerodynamics, and it helped top speed enormously. They still couldn't beat the Minis, though. 1966 and 1967 were the glory years for Abarth. They had moved the radiator to the front and were getting 110 horsepower out of the 1-liter engine in the 1000 TC version, which along with other developments, allowed them to terrorize the small sedan classes — winning the championship both years. The FIA class rules changed for 1968. Although the cars continued to be developed through 1971, they were past their prime. The magical years of 1966–67 were the pinnacle. Tiny car, tons of fun To get back to the topic of big and impressive vs. tiny and cute racing cars, it is useful to consider what constitutes “fun” in vintage racing. It's an ego boost to have people genuflecting in front of your car, but the responsibilities of driving a car that is worth millions, can go insanely fast, and probably deserves a better driver than you are can weigh heavily and limit the plain old fun. On the other hand, driving something that is not valu- able, not particularly fast, and not very obvious on the track can lift the burdens of responsibility and release the inner hooligan that hides inside all racing drivers. I have clients who have more simple fun racing Sprites than Ferraris. Herein is the allure of this Abarth. There are collectible Fiat Abarths, dripping history and originality and worthy of a place beside the racing greats of our time, but our subject car is not one of them. This is a pure weapons-grade racing toy, built up from parts on what may or may not have originally been a “real” Abarth chassis with no known history. The compensation is that it was valued at roughly half of what a really good version would set you back. If you are just looking for fun, there is no need to pay for collectibility in a car like this. As a racing car, it appears well built, it is very nicely presented, and will be welcome in the local and regional races that it is likely to attend. In terms of the cars you are likely to run against, it costs a bit more than a Sprite or an MG, but about the same as a competitive Mini or Alfa, so the essential numbers make sense. It is Italian, and there aren't a lot of them out there, so there is a certain panache and exclusivity to it — and don't forget the Cyclops Hooligan factor — Yeehah! I think it was appropriately bought. ♦ (Introductory description courtesy of Bonhams.) SCM Digital Bonus. Additional images and more... April 2012 61

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Market Reports Overview Arizona Auction Week Jump-Starts the 2012 Collector Market The week saw a boost in overall price per car, a trend that was often repeated at the individual auction level A rizona cars week kicked off 2012 with a tremendous start. In the span of less than two weeks, 2,694 automobiles crossed the block, 81% of which found new owners. The slight dip in total number of cars sold (2,183, down from 2,221 in 2011) was more than offset by sales totals, which leapt to $184m from $160m. The week saw a boost in overall average price per car ($85k, up from $72k), a trend that was often repeated at the individual auction level. The largest share of those cars came from the week- long Barrett-Jackson sale, where 1,288 cars sold out of 1,291 consigned, for a sell-through rate of 99.77%. In addition to that near-perfect number, the sale saw a significant increase in the quantity of super high-level cars, with buyers enticed by the option of a reserve. A super low-mile Gullwing set a record for a steel Gullwing at $2.2m and was one of four cars to break the $2m barrier. The average price per car increased to $70k from $55k in 2011. Russo and Steele consigned and sold more cars than ever at their Scottsdale sale: 414 out of 655, up from 379 out of 607 last year. Overall sales totals were off, however, down to $19m from $20m, and average price per car dipped to $47k from $53k. High sales were representative of Russo's signature mix of muscle and exotics. Topping the charts was a 1968 L88 Corvette, sold for $688k, and close behind was a 1967 Ferrari GTC coupe, sold for $429k. RM's overall sales of $26m looked soft compared with last year's $31m, but average price per car nonetheless took a jump to $204k, from an already impressive $179k in 2011. Ten Ferraris from every era crossed the block here, with a 1957 410 Superamerica coupe bringing $1.8m, and a 1973 365 GTS/4 Daytona Spyder selling for $990k. 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 62 Sales Totals Barrett-Jackson, Scottsdale, AZ Gooding & Company, Scottsdale, AZ RM, Phoenix, AZ Russo and Steele, Scottsdale, AZ Bonhams, Scottsdale, AZ McCormick's, Palm Springs, CA $6,852,259 $5,892,226 The first alloy Gullwing seen at auction in years was sold by Gooding & Company, earning high-sale honors of the week at $4.62m. Gooding consigned and sold fewer cars this year (116 out of 118, down from 121 out of 131 in 2011), but grew in overall sell-through rate (98%, from 92%), sales total ($40m, up from $35m) and average price per car ($342k, up from $289k). Bonhams did well for their first time out in Scottsdale, selling 46 cars out of 67 consigned, for an overall sales total of $6.9m, and an average price per car of $149k. Top dog was a 1929 Duesenberg Model J convertible that brought $700k. Also covered in-depth this issue is McCormick's Palm Springs sale, which took place in late November. The annual auction grew by all measurements this year: 356 cars sold out of 547 consigned, up from 275 out of 462; total sales of $5.9m, up from $4.3m; and an average price per car of $17k, up from $16k. A 1954 Cadillac Eldorado convertible sold for $81k, and a 1964 Jaguar XKE, sold at $68k, leading a long list of solid sales. We conclude this issue of SCM with a roundup of highlights from five other auc- tions across the American Southwest and three important Las Vegas motorcycle sales, as well as Chad Tyson's eBay column. This month, Tyson sacrifices collectibility for horsepower in his investigation of cars with engine swaps. ♦ Top 10 Sales This Issue (Land Auctions Only) 1. 1955 Mercedes-Benz 300SL alloy Gullwing coupe, $4,620,000—G&Co., p. 90 2. 1959 Ferrari 250 GT LWB California Spyder convertible, $3,905,000—G&Co., p. 94 3. 1947 Bentley Mark VI convertible, $,275,0000—B-J, p. 66 4. 1954 Mercedes-Benz 300SL Gullwing coupe, $2,200,000—B-J, p. 68 5. 1957 Ferrari 410 Superamerica coupe, $1,815,000— RM, p. 106 6. 1954 DeSoto Adventurer II concept coupe, $1,430,000—B-J, p. 70 7. 1965 Ferrari 500 Superfast coupe, $1,100,000—G&Co., p. 94 8. 1930 Isotta Fraschini Tipo 8A Commodore Cabriolet, $1,100,000—B-J, p. 68 9. 1959 BMW 507 Series II roadster, $990,000—RM, p. 104 10. 1973 Ferrari 365 GTS/4 Daytona Spyder, $990,000—RM, p. 108 1. 1968 Shelby GT500 KR fastback, $70,200—Bon, p. 86 2. 1952 Ferrari 342 America coupe, $632,500—RM, p. 106 3. 1954 Jaguar XK 120 convertible, $66,000—B-J, p. 66 4. 1948 Dodge Deluxe coupe, $60,500—G&Co., p. 96 5. 1959 Austin-Healey Bugeye Sprite roadster, $17,050—R&S, p. 116 Sports Car Market Best Buys $90,423,400 $39,643,900 $25,660,400 $19,273,145

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Barrett-Jackson Scottsdale, AZ Scottsdale 2012 Barrett-Jackson experiences a 32% increase in sales, with a 99% sell-through rate on 1,291 vehicles, including a record for a steel-bodied Gullwing Company Barrett-Jackson Date January 15–21, 2012 Location Scottsdale, AZ Auctioneers Assiter & Associates — Tom “Spanky” Assiter, lead auctioneer Automotive lots sold/offered 1,288/1,291 Sales rate 99% Sales total $90,423,400 High sale 1948 Tucker Torpedo four-door sedan — $2,915,000 Intro by Dan Grunwald. Report and photos by Carl Bomstead, Dan Grunwald, and Jay Harden Market opinions in italics B arrett-Jackson is easily the most wellknown auction house in the U.S. The company's annual events are some of the largest auctions in the American market, and SPEED channel coverage beams those sales real-time into thousands of homes across the country. Leading that charge is the annual Scottsdale event, which tends to draw more than 1,000 cars to the Valley of the Sun each January. Big numbers have been the norm here in the past, and this year's totals followed suit, with 1,288 cars sold for $90m, compared with the $68.5m made in 2011. That's the highest overall Barrett-Jackson total achieved since the boom days of 2007. Let's talk numbers. This year's event saw a 32% increase in sales. 270,000 people attended during the course of the week. 99% of the cars offered were sold. $2,915,000 was the top sale, with nine cars bringing $1,000,000 or more. $5,900,000 was raised for charity through the sale of 22 vehicles. That's an average of more than $268k per charity sale. And finally, the company achieved more than $90m in gross sales. Some owners have in the past looked at other venues that offer the comfort cushion of reserve pricing, despite Barrett-Jackson's his- 64 1948 Tucker Torpedo, sold at $2,915,000 Buyer's premium 10%, included in sold prices tory of record prices for top-level cars. But with the addition of a select group of lots with reserve at this auction, it appears that the company is now back in the fold. The new reserve strategy is bearing fruit, as there were more high-level cars on Barrett-Jackson's block this year than last, and the results were impressive. Before the muscle boom took over the market, Barrett-Jackson was known for selling high-end classics. The company returned to its roots this year, with a small group of very rare high-end consignments with reserve prices. Known as the “Salon Offering Collection,” it consisted of 11 automobiles, including Lot 5008, the 1948 Tucker that realized a hammer price of $2,915,000. It was the top seller here. Following closely behind was a 1947 Bentley, Lot 5005, sold at $2,750,000. A 300SL Gullwing came in third at $2,200,000, which is a new world record price for a steel-bodied 300SL. Last year's top sale was a Corvette car, boat and trailer combination for $742,500, so the change was certainly a move in the right direction. Barrett-Jackson will continue to offer reserves in the future, thanks to the addition of Gordon McCall, founder of the Monterey Jet Party, as the head of the Salon program. As in any auction, there were a few bargains and a Sales Totals few “scratch your head” giant prices, but the numbers show that most of the sales should leave both buyers and sellers satisfied. Noteworthy sales included a 1954 Jaguar XK 120 roadster at $66,000, a 1967 Austin-Healey 3000 convertible at $99,000, a 1963 Volkswagen 23-Window Transporter at $128,700, and a 1975 AMC Pacer X at a top-market $11,550. The strength of the old-car market is indisput- able, and Barrett-Jackson clearly has the attention of collectors from every demographic and financial background. It's still the biggest auction in Arizona, and with top-level blue-chip collectibles returning to WestWorld, it can only get bigger from here. ♦ $20m $40m $60m $80m $100m $120m 0 Sports Car Market 2012 2011 2010 2009 2008

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Barrett-Jackson Scottsdale, AZ ENGLISH TOP 10 No. 3 #5005-1947 BENTLEY MARK VI convertible. S/N B20BH. Black/red frog skin. RHD. Odo: 80,601 miles. Built for 1947 Paris Auto Show and has won many Best in Show awards on the European Concours circuit. Wild use of brightwork in the Figoni et Falaschi style. Striking frog skin interior. Showing a bit of age with a few door chrome bumpers, mirrors, luggage rack and wire wheels. Cond: 2+. SOLD AT $33,000. A very presentable MGA in triple black. It looked sharp, fun and ready to go. Buyer and seller should both be happy at the price realized today. #624.2-1964 AUSTIN LONDON TAXI sedan. S/N FFS9916. Black/gray cloth. Odo: 43,276 miles. Fresh thick paint. Some rust bubbles on lower body. Hard and cracked weatherstripping on windshield, and gobby sealant used on rear window. Some chrome very good, some shows visible pitting. Some rust eating on bottom rear of trunk. Gasoline on soft top at side glass. Cond: 1-. SOLD AT $72,600. This XKE was sold with both hard and soft tops. It looked very presentable cosmetically, and would make for a strong driver. Well bought and sold at a market-correct price. #321-1971 TRIUMPH TR6 convertible. chips. Would not take much to freshen it up a bit. Cond: 2-. SOLD AT $2,750,000. Last seen at B-J's 2006 West Palm Beach sale, where it sold for $1,728,000 (SCM# 41185). The wellknown seller may sometimes pay too much for his cars, but can you criticize a cool million ROI and getting to enjoy the car for six years? No concerns with the price paid, considering the car's rich history. It should hold its value. BEST BUY #942.1-1954 JAGUAR XK 120 roadster. S/N F15078. White/maroon leather. Odo: 49,649 miles. Chassis- off restoration in 1998 and still presents well. Great paint, with driver's door edge chipped. Slightly dull alloy front bumpers. Some chrome showing light pitting. Cowl leather and driver's S/N CC60984L. Red/black canvas/black vinyl. Odo: 43,370 miles. Well restored and appears to be freshly done. Presents as new, inside and out, top to bottom. All new chrome and trim as well as interior. Tidy engine bay and undercar- engine. The 25-foot turning radius is a requirement for London Black Cabs, in order to circumvent the roundabout in front of the Savoy Hotel. Cond: 2-. SOLD AT $8,800. The last thing on most folks' bucket list is some retired taxi cab, but London Cabs will always be cool. This one showed obvious rust issues but was still charming and complete. Seemed well bought. #977.2-1967 AUSTIN-HEALEY 3000 convertible. S/N HBJ8L140711. Green/green canvas/tan leather. Odo: 19,169 miles. Original Colorado Red repainted a very appealing metallic Sage Green. No visible flaws in paint, chrome or interior. Presents as perfect, except radio antenna not vertical. Nice chrome wire riage. Said to have spent 34 years with the same owner. Cond: 1. SOLD AT $27,500. The 6-cyl makes these much more friendly at road speeds here across the pond, even without the optional overdrive. This was a very nice example, and I‘d call it well bought. seat edge show color wear. Rolls on chrome wires. Cond: 2+. SOLD AT $66,000. Spats were included, but I like these better without them. The buyer should be smiling, and not just because of the great colors and beautiful condition. This could easily have gone for $10k or $20k more. #689-1958 MGA roadster. S/N HDL4342348. Black/black vinyl/black vinyl. Odo: 71,432 miles. New paint and interior. Chrome scratched, buffed through and pitting on windshield-surround. Light paint chipping on steering wheel center. Fitted with new wheels. Cond: 2+. SOLD AT $99,000. A great repaint in a fantastic color combination. Perhaps not what a purist would do, but flawlessly executed and beautiful. The work was worth the effort, as indicated by this very successful outcome. #1241.1-1967 JAGUAR XKE convert- ible. S/N 1E13355. Maroon/black canvas/black leather. Odo: 13,355 miles. As-new paint, chrome, interior and top. Hood fits wide at right bottom cowl, and trunk lid sits high on left side. Fitted with dual Talbot racing mirrors. New brakes, clutch and rear main seal, plus recent carb servicing. Some globby weatherseal 66 #943-1987 ROLLS-ROYCE CORNICHE convertible. S/N SCAZD42A7HCX16744. White/white vinyl/white leather. Odo: 84,860 miles. Paint chips, scratches and retouches all over. Top looks new. Front chrome shows scratches. Interior OK. Said to have been recently serviced. Generally shows well for a Roller that is 25 years old. Cond: 2. SOLD AT $44,000. This was not a concours car, but it did present well for 85k miles. I watched it leave the tent, however, and it rattled like there was a problem with the fan belt or fan/radiator interface, and it looked like the driver could barely steer it pulling hard with both arms. The fix could be expensive, or it could be cheap. Well sold. Sports Car Market

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Barrett-Jackson Scottsdale, AZ GERMAN TOP 10 No. 4 #5000-1954 MERCEDES-BENZ 300SL Gullwing coupe. S/N 1980404500129. Silver/red leather. Odo: 4,217 miles. Repainted once in original color, otherwise claimed totally original. Few dents in rocker panel bright trim. Light interior door-sill wear. Cracks in steering wheel, scratch on dash. Driver's seat worn through in painted, otherwise a very original car. Retains all original trim and chrome. Micro-pitting on headlight trim. Interior OK considering age and mileage. Air-cooled 2-stroke with 4-speed. Cond: 3+. SOLD AT $27,500. This car was being offered by its third owner, and it has to be one of the most original Goggos anywhere. The seller was satisfied with the price, but he will miss it. Market-correct price, with the originality thrown in for free. #1231.2-1963 VOLKSWAGEN TRANS- PORTER 23-window samba bus. S/N 1134814. Green & white/green vinyl. Odo: 36,941 miles. Well restored, with safari windows, roof rack and rear door opening windows added. Fresh paint. Rebuilt suspension, transmission, 12-volt electrics, upholstery, chrome, trims, sunroof, everything. Driver's window has edge chip and edge delamination starting on right-side glass. Highly accessorized, sold a couple of places. Stains and sagging in door roof panels. Cond: 2. SOLD AT $2,200,000. One of the most original, low-mileage steel Gullwings on the planet. And the most expensive. Perfectly restored Gullwings are fetching just under $1m right now. An unrestored one is worth more than double that, apparently. Well sold. #416.1-1957 BMW ISETTA 300 coupe. S/N 515018. Red & white/red cloth. Odo: 20,069 miles. Well restored with all new chrome, paint and interior. Luggage carrier on rear. Loose trim on right side. Total car weight with matching Eriba Puck camping trailer and Schwinn tandem bicycle. Cond: 1-. SOLD AT $128,700. Super-cute new, perfect package, looked for Barrett-Jackson. like “Slow Vehicle” sign on back of trailer seems like a good idea. A handful of these 21- and 23-window Sambas have broken $110k, and this one included a matching trailer, so price was probably not too far above market. ITALIAN TOP 10 No. 8 is 770 lbs. empty. Cond: 1-. SOLD AT $34,100. A nice Isetta is a Barrett-Jackson staple, and this was one of the nicest I've seen. It sold right on the market for condition. Did I mention that “cute” always sells well here? #407.1-1959 GOGGOMOBIL TS250 coupe. S/N 02132084. White & red/gray vinyl. Odo: 44,633 km. Red areas have been re- #5006-1930 ISOTTA FRASCHINI TIPO 8A Commodore cabriolet. S/N 1540. Beige & cream/tan leather. RHD. Odo: 13,372 Refurbished in early 1980s and very presentable today. Missing grommet where wire for spotlight meets body. Extensive detail on running board. Known history and mileage from new. First presented at 1930 New Bill of Sale. Cond: 2. SOLD AT $1,100,000. A stunning car with elaborate stone guard and period Italian styling on long-wheelbase chassis. A rare and elegant Isotta Fraschini that has traveled few documented miles. Certainly seems like a fair price to my eye. #688.1-1959 AUTOBIANCHI BIAN- CHINA TRASFORMABILE convertible. S/N 110B023050. Yellow/yellow & white vinyl. Odo: 39,754 miles. New paint in cute colors shows a few chips. Good chrome. Scratched windshield. Some details weak, such as fit of the sliding top and trunk hinge attach- ment. New two-tone interior fitted. Cond: 2. SOLD AT $23,100. Cute, cute, cute. Based on the larger Fiat 500. The 1960 model had one more hp, for a total of 17.5, so plan to give yourself a little more time to get up the hill in this 1959 model. Bianchina values are all over the board, but this sale price looks somewhere in the middle, fair to buyer and seller. #407-1960 VESPA 400 coupe. S/N 196019150. Yellow/black vinyl. Odo: 57,141 miles. Very nice paint with some trim masking visible. New seat covers. Very clean engine. Some delamination on windshield. Powered by a 2-stroke engine. Cond: 2. SOLD AT $23,100. A surprisingly roomy two-seat sliding-top convertible. Fairly sold, with some chance for financial upside as long as the microcar trend keeps up. JAPANESE York Auto Salon. Said to be one of 10 built and two that have survived. Presented with original 68 #332.1-1972 DATSUN 240Z coupe. S/N HLS3095946. Red, white & blue/black vinyl. Odo: 32,109 miles. Great color scheme with some sag noted in C-pillar paint. Chrome looks new. Refurbished original drivetrain. On 16inch alloy wheels, with lowered suspension, disc brakes and custom exhaust. Console shows some age. Cond: 2. SOLD AT $18,150. Let's go to a track day and race. This looked Sports Car Market

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Barrett-Jackson Scottsdale, AZ TOP 10 No. 6 #5002.1-1954 DESOTO ADVENTURER II concept coupe. S/N 1493762. Red/black leather. Odo: 35,721 miles. 271-ci V8, 4-bbl, auto. A concept car built by Ghia on an Imperial chassis with a 276-ci Hemi engine and automatic transmission. Well restored and still looks stylish today. Took Second in Class at Pebble Beach in 2010. Scratches on windshield base trim, chromedover pits on exterior door handles. Cond: 1-. cool and usable, and good thing I did not have a buyer number today, or I would have less room in my garage. This was very well bought. #332-1972 HONDA Z600 coupe. S/N AZ6001016749. Orange/black vinyl. Odo: 45,196 miles. New paint and chrome. C-pillar model emblems show poor rechrome. Most glass shows scratches. Interior not perfect but better than you'd expect for a 45k-mile econo- chrome with some plating over pits. Misfit front grille trim at hood base. Beautiful new period interior with some chips on steering wheel paint and some dull dash trim. Cond: 2. SOLD AT $27,500. This was a good-looking car with a few flaws, but none of them were what you'd call “serious.” Well bought, considering the decent condition. You couldn't get a Tri-Five Chevy wagon for this price. SOLD AT $1,430,000. These Ghia concepts for Chrysler were breaking the million-dollar mark back around the 2007 boom, but prices have cooled recently. At their 2011 Monterey auction in August, RM sold the 1952 Chrysler D'Elegance 183127) and the 1953 Dodge Firearrow III concept Considering those results, this was well sold. box. Cond: 2. SOLD AT $15,950. The Z600 was built 1970 through 1974 and was probably the most successful super-economy modern-era car. It helped kick-start Honda's car business in the U.S. You don't see many good ones, but I anticipate appreciation in the future for the best surviving examples. This one was well bought. AMERICAN #329.1-1952 PONTIAC CHIEFTAIN 2-dr sedan. S/N P6WH3125. Green/green & tan cloth. Odo: 31,844 miles. 239-ci I6, 1-bbl, auto. Decent newer repaint. Chrome and trim mostly new and excellent. Pitting noted on vent pane trim and some interior chrome. Cracks in steering wheel, plastic covers on original seats. Said to be a true 32,000-mile car. Cond: 2. SOLD AT $22,000. This looked like the origi- #5003-1955 FLAJOLE FORERUNNER concept coupe. S/N S673722. Purple & white/white leather. Odo: 260 miles. 3.4-L I6, 3x1-bbl, 4-sp. Fiberglass concept built by William Flajole, advanced styling consultant for American Motors in 1955. Shows expected ripples and waves in body panels. Lots of sanding scratches visible under the paint. Fitted with Jaguar XK 120 engine and chrome wire concept for $946,000 (SCM# for $852,500 (SCM# 183126). #1257-1957 CHEVROLET BEL AIR convertible. S/N VC57L152230. Red/black canvas/red leather. Odo: 81 miles. 6.2-L fuelinjected V8, auto. Stock-looking, except for the lowered stance and mag wheels. Very high level build, with an LS3 fuel-injected V8 with an automatic trans and new custom leather bucket-seat interior. Full custom drivetrain and suspension. All complete and now 81 miles new. Cond: 1. SOLD AT $264,000. Market price for a one-off resto-mod is entirely subjective, but they seem to be doing better and better at collector car auctions lately. This was huge money, and it's hard to imagine the price going up from here, but it was a stunning, brand-new creation. wheels. Headlight treatment reminiscent of Nash. Full louvered hood and side scoops, á la the Corvette. Some dirt on leather seats. Large gap at windshield base and at door panels. Cond: 2. NOT SOLD AT $200,000. Called “Coupe Concept Car” in auction catalog, but with the sliding top panel it's almost a convertible. Bidding hit a wall at $200,000, and that was as far as it would go. As a one-of-one, there's no real “market” price, but the number today looked appropriate for the quality and uniqueness. #690.3-1956 FORD COUNTRY SQUIRE nal thing in almost time-warp condition. The 6-cylinder powerplant will get better mileage than a V8, but that doesn't help value as a collectible. Correctly bought and sold, all things considered. 70 wagon. S/N M6EY209828. White & wood/white & red cloth & vinyl. Odo: 91,399 miles. 292-ci V8, 4-bbl, auto. Some windshield chips and side-window scratches on full tinted glass. All new vinyl stick-on wood trims. New range between the Chrysler and Dodge brands. DeSoto caught some of the best the company had to offer, though. They got the Airflow, and they built the Adventurer. There were only 300 1957 Adventurer convertibles built, and this Sports Car Market #5008.1-1957 DESOTO ADVENTURER convertible. S/N 50417567. Gold/gold & black cloth & vinyl. Odo: 14,910 miles. 342-ci V8, 2x4-bbl, auto. Great paint and chrome. Leather interior with fitted luggage. Nardi-style wood-rim wheel with light cracking on the logo of the DeSoto center button. Light trim dent above right rear wheel. Cond: 1-. SOLD AT $225,500. DeSoto was Chrysler's mid

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Barrett-Jackson Scottsdale, AZ was the first American car to produce one horsepower per cubic inch with the standard engine. The 345-ci Hemi in all 1957 Adventurers had dual quads and made 345 hp. This was a high-quality example and fetched a correct strong price. #661.1-1959 EDSEL CORSAIR convert- ible. S/N B9UR737100. Red/white/black & red vinyl. Odo: 88,337 miles. 332-ci V8, 4-bbl, auto. Mid-level paint with poor masking and discolored spots on front fender. Some new chrome on bumpers, pitting on door handles, side-glass trim and grille. Dried front door Hydramatic 400 transmission. Slightly wide passenger's door gap. On wide whites and eight lug wheels with some dents on center caps. Cond: 2+. SOLD AT $31,900. High-level restoration just finished, top and bottom. Good workmanship, great paint color and wheels, ready for summer cruising. Considering the cosmetic appeal and non-original drivetrain, this sold at a market-correct price. #662-1962 OLDSMOBILE STARFIRE 2-dr hard top. S/N 626M17205. Black/silver vinyl. Odo: 84,282 miles. 394-ci V8, 4-bbl, auto. Fresh thick paint with some bubbles on top of left front fender and white paint scratches on right lower panels. Chrome pitting visible we said the price was “in line with the current market.” Same story today. Good colors, right year and right options bring the money. weatherstrips. Interior shows just OK, with newer seats and carpet, faded door panels and scratched and peeling chrome trims. Variable gaps everywhere. Cond: 3. SOLD AT $33,000. This was said to run well, and it looked just fine as a 20-footer. A lot had already been done, but there was still much work left for the new owner. Well sold. 4-dr #461-1961 LINCOLN CONTINENTAL convertible. S/N 1Y86H424204. Maroon/black vinyl. Odo: 76,685 miles. 430-ci V8, 2-bbl, auto. Said to have had one repaint, and that must have been long ago. Now shows chips, scrapes and pits. Most chrome worn and checked. Seats and door panels OK, dash #962.2-1969 CHEVROLET CAMARO Z/28 coupe. S/N 124379N613061. Green/black vinyl. Odo: 58,514 miles. 302-ci V8, 4-bbl, 4-sp. A sort of unrestored surviving original but with new paint and sub-frame restoration. Original engine also rebuilt. Mid-level new paint, and most chrome looks new. Scratches or on rear trim. Good bucket-seat interior with cracks on steering wheel. Equipped with polished Torq Thrusts and undercoating. Cond: 2-. SOLD AT $34,650. Top of the Olds lineup in 1962 and still looks good today. It had shiny paint and a nice, muscular stance. Price was market-correct for condition. #965.1-1963 CHEVROLET CORVETTE coupe. S/N 30837S110619. Tan/tan vinyl. Odo: 576 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Body crack at front headlight and masking lines visible from repaint. Chip by driver's door. Some trim dents. Cracks in weatherstriping and poor fit on rear split-window trim. Dent in right rear bumper on top and light pitting and nicks on most glass. Large cracks in steering wheel and paint cracking on dash top with pad pulling away. Cond: 3+. SOLD AT $41,800. This was said to be a numbers-matching car. It looked mostly original, and that is a bit unusual on a Z/28. At this price, call it fairly sold based on condition. RUNNER 2-dr #1579.1-1969 PLYMOUTH ROAD hard top. S/N RM23H9A129871. Tan/black vinyl/tan vinyl. Odo: 82,811 miles. 383-ci V8, 4-bbl, 4-sp. Couple of small chips in good newer paint. New chrome bumpers and wheels. Most trim shows age, and side glass shows scratches and shows age, dash pad cracked on both sides. Rear bumper dented. Rust bubbles by both rear doors. Cond: 4+. SOLD AT $24,200. The numerous cosmetic issues (which were obvious) made me wonder about the state of the mechanicals (not obvious). I think the winning bidder threw the dice. If it runs out well, he has a cheap cruising convertible. If not, think submarine. #691.1-1961 PONTIAC CATALINA con- vertible. S/N 361S4389. Coronado Red/white vinyl/red & white vinyl. Odo: 57,012 miles. 455-ci V8, 4-bbl, auto. Freshly restored with new paint, chrome, top and tri-tone interior. 1970s-vintage 455-ci engine with Turbo- scratches on front bumpers. Wiper scratches on glass. Armrest chrome worn. Cond: 2-. SOLD AT $71,500. This appeared to be a mostly original Corvette with a well applied repaint held back by mediocre masking and trim removal. It brought a strong price that I would call fair. #963-1967 CHEVROLET CORVETTE coupe. S/N 194377S110663. Yellow/black leather. Odo: 375 miles. 427-ci 435-hp V8, 3x2-bbl, 4-sp. Driven less than 400 miles since restoration in 2002. Some pinholes in paint and light scratches on tinted glass. New chrome and trim. Nicely optioned with leather, sidepipes, 435-hp big block, 4-speed and power steering. Said to be driven occasionally and runs well. Bloomington Silver award. Cond: 2+. SOLD AT $122,100. This last sold for $64,900 at RM's 2002 Monterey auction, not long after the car's restoration (SCM# 28856). At the time, 72 nicks. Dash and seats are good. Custom steering wheel fitted. Date code-correct replacement engine mated to original transmission. Cold air induction hood. Cond: 3+. SOLD AT $28,600. Not perfect, with a non-original powerplant and fluffed up a bit for sale, but it still could make a really good street driver. This sold well, considering condition. #951.2-1970 DODGE CHALLENGER T/A 2-dr hard top. S/N JH23J0B305529. Sublime Green/black vinyl/black vinyl. miles. 340-ci V8, 3x2-bbl, auto. Dents in hood at hinge points. Some flaws in new front bumper Sports Car Market

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Barrett-Jackson Scottsdale, AZ Fresh Meat by Chad Tyson Online sales of contemporary cars 2011 Mercedes-Benz SLS AMG coupe deck, a/c, clock and factory rain gutters. Cond: 2. SOLD AT $11,550. Nice example of the unloved Pacer in “X” spec. It looked mostly original except for the exterior paint, and overall was quite clean. The doors didn't sag a bit. Sold at the very top edge of the market. ible. Date sold: 2/11/2012 eBay auction ID: 260945808778 Seller: Mercedes-Benz of Marin, West San Rafael, CA VIN: WDDRJ7HA2BA000563 Details: Iridium Silver Metallic over black leather. 6.2L V8 rated at 563-hp, 7-spd automatic, RWD. Odo: 18,568 miles Sale Result: $145,000, Buy It Now, sf 52 MSRP: $183,000 (base) Other current offering: Ferrari/Maserati of New England in Norwood, MA, asking $189,900 2010 Porsche Panamera Turbo chrome, couple of trim dents in side window trim, scratches on rear glass. Accessory triple gauge pack under dash. Car locked, unable to note mileage. Matching numbers. Cond: 2+. SOLD AT $55,000. This car was reportedly restored over three years and was listed in the T/A registry. Considering the nice condition and matching numbers, it sold for a marketcorrect price that was fair to both buyer and seller. #1232.1-1970 PLYMOUTH GTX 2-dr hard top. S/N RS23V0G203231. Jamaican Blue/blue. Odo: 97,152 miles. 440-ci V8, 3x2bbl, 4-sp. Fresh rotisserie restoration. Excellent body and paintwork. Better-than-factory panel fit. Trim in excellent condition and well fit. Rear bumper rechrome not up to standard of rest of car. Excellent interior restoration that features full set of gauges with factory tachometer. Hurst pistol-grip shifter attached to 4-speed tranny turning 3.54 gears. Matching #999-1999 SHELBY SERIES 1 convertS/N 5CXSA1818XL000194. Silver/black/black leather. Odo: 5,490 miles. 4.0-L fuel-injected V8, 6-sp. Lots of small stone chips on lower front spoiler. Poor weatherstrip pieces at top of windshield but probably came from the factory that way. Interior presents as basically new, which you'd expect with just 5,490 miles on the odo. #194 of 249 built. Cond: 1-. SOLD AT $110,000. The one car Ol' Shel' really built from scratch, and only semisuccessful for him. Similiar to a GNX in that pretty much all were bought and put away as “instant collectibles.” Of the 249, I'll bet over 200 of them have very low miles and look like new today. There were two on offer here, and the other went for $88k, so I'll call this one well sold. Date sold: 2/10/2012 eBay auction ID: 180814857363 Seller: Las Vegas Motorcars, Las Vegas, NV VIN: WP0AC2A77AL091044 Details: Carrera White over Luxor Beige leather. 4.8L turbocharged V8 rated at 500-hp, 7-spd automated manual, AWD Odo: 11,898 miles Sale Result: $115,998, 11 bids, sf 508 MSRP: $132,600 (base) Other current offering: Imex Auto Group in Buford, GA, asking $126,999 2009 Chevrolet Corvette ZR1 numbers with build sheets and original window sticker. Six Pack induction, Air Grabber hood scoop. All like or better than new. Cond: 1-. SOLD AT $110,000. GTXs rarely break the century mark these days (especially non-Hemi cars), but this was a very nicely done restoration. Mention the word “Hemi” and grown men quake, but the 440 was no slouch, especially with the Six Pack. Sure, it'll never be a 'Cuda, but say that within 10 feet of this car and it's likely to give you a black eye. The price reflected the quality restoration and components. All parties should be happy with this deal. Date sold: 2/10/2012 eBay auction ID: 320845044018 Seller: wrxin (eBay ID) VIN: 1G1YR26R995800931 Details: Cyber Grey Metallic over Ebony leather. 6.2L supercharged V8 rated at 730-hp, 6-spd manual, RWD Odo: 11,727 miles Sale Result: $80,000, Buy It Now, sf 599 MSRP: $103,300 (base) Other current offering: Sewell Ford Lincoln Mercury in Odessa, TX, asking $79,500 ♦ 74 #2-1975 AMC PACER X hatchback. S/N A5C667A302453. Silver/blue vinyl. Odo: 82,850 miles. A few chips on paint and trim, overspray on side molding and some light pitting on rear bumper. Interior color mismatch in places. Dry and broken window weatherstrip. Equipped with floor shift automatic, AM/FM #964-2001 HUMMER H1 SUV. S/N 137ZA843X1E192543. Black/black & gray. 6.5-L turbocharged V8, auto. The support vehicle for Robby Gordon's Dakar Rally effort. Body, paint and gaps to factory standard. Both side mirrors missing. Fitted with aluminum bead-lock wheels with oversize tires, heavyduty bumpers, twin spare-tire racks, roof rack with lights. Fixed-back racing seats with harnesses installed. GPS-equipped, of course. Cond: 3-. SOLD AT $73,700. An ultimate offroad machine. Thousands of dollars of add-ons and the legitimate endurance racing pedigree (I know it was a support vehicle, but so what?) added up to one intimidating presence in the tent. Watching this hulk maneuver through the crowd conjured images of the proverbial bull in a china shop. I suspect whoever took this one home does not plan on sharing garage space with a Prius. Price felt just right. © Sports Car Market

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Bonhams Scottsdale, AZ The Scottsdale Sale Notable bargains were led off by a no-reserve 1968 Shelby GT500 coupe, sold for $70,200 Company Bonhams Date January 19, 2012 Location Scottsdale, AZ Auctioneer Malcolm Barber Automotive lots sold/offered 46/67 Sales rate 69% Sales total $6,852,259 High sale Duesenberg Model J convertible sedan, sold at $700,000 Buyer's premium 1967 Jaguar XKE Series I convertible — sold at $144,500 17% on the first $100,000, 10% thereafter, included in sold prices Report and photos by Michael Leven Market opinions in italics cars were on offer, and 46 of them found new homes for a total of $6.8m in sales. As might be expected from a venerable B English auction house, the Scottsdale run list was heavy on British classics, with eight Rolls-Royces, including four Phantoms, as well as two Bentleys. Further, there were seven Jaguars, running the gamut from a clapped-out XK 140 MC coupe with nonmatching wheels that went for $44k, to an absolutely pristine 1986 XJ6 Vanden Plas only 8,947 sunny Nevada miles from showroom perfect, which sold for $28,080. Top seller of the auction was a 1932 Model J Duesenberg, which sold for $700,000 postblock after being declared a no-sale with a high bid of $650,000. Next up was the undeniable star of the auction, the ex-Marlene Dietrich 1930 Rolls-Royce Phantom I Transformal Phaeton with a body by Hibbard 76 onhams came to Scottsdale for the first time this year, and the company made a fine impression at The Westin Kierland Resort & Spa. A total of 67 and Darrin, which sold for $524,000. Other highlights included a wonderful 1923 Isotta Fraschini Tipo 8 Torpedo Phaeton with coachwork by Sala. It was strategically displayed directly in front of the auction tent, where everyone could admire its elegance and incredible inlaid woodwork. One of the most heavily promoted cars of the sale was a very late production 1967 Porsche 906E, which was a $980,000 no-sale. The car was built with several rare development parts, had Works history at Sebring with Joe Buzzetta and Peter Gregg as drivers, won the 1967 USRRC 2-Liter Championship, had never been wrecked and had a known ownership since new. Compared with the far more modestly endowed 906 that Bonhams sold for $898,000 in Monterey this past August, the consignor was wise to walk away at the price bid. Other interesting sales included two true barn finds, a 1955 Porsche Speedster and a 1972 De Tomaso Pantera that drew strong bidding, a “bitsa” Stutz Bearcat “Special” that tripled its low estimate at $139k, and an Abarth 750 GT “Double Bubble” Zagato that made $110k. The most compelling bidding war was over a 1937 Mercedes-Benz 540K Cabriolet “C” which is finally going home to mainland Europe for the first time since it was built; it sold for $667,000. Notable bargains were found among the American iron, led off by a no-reserve 1968 Shelby GT500 coupe that went for $70,200, including commission. A couple of handsome hot rods represented two of the best values on the day. If you were not allergic to Chevy-powered Fords, a 454-motivated 1955 Lincoln Capri with well done flame paint and white leather upholstery went for $13,455, all in. Also, an exceptionally well turned-out 1957 Bel Air restomod with a reported $200k build cost went for $59,670. Bonhams was able to build this impressive sale and host it during an already busy auction week. And although other auctions may have brought larger final figures, it's hard to call this first-time event anything other than a success. ♦ Sports Car Market

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Bonhams Scottsdale, AZ ENGLISH #364-1923 ROLLS-ROYCE 20HP road- ster. S/N 50S6. Eggshell White/tan canvas/tan leather. RHD. Odo: 7,605 miles. Older paint, once to a good standard, now starting to crack around tonneau rivets and trunk, crazing on fenders. In general, exterior shows wear and is no longer crisp. Interior newish and well done, with nice wood in dash. Engine bay tidy but shows use and is not detailed. Unique two-seat coachwork by William Watson & Co. looks designed by committee but is believed to be original. Cond: 2-. SOLD AT $71,370. At first glance, this car looked like a non-period re- lower prices. For a car with a lot of needs and little financial room left, high bid looked very generous. #305-1950 BENTLEY MK VI sports sa- loon. S/N B87LFU. Eng. # B293F. Black/tan leather. Odo: 83,608 miles. Very good repaint with few flaws over excellent prep. Gaps excellent. Bumpers and grille replated well some time ago, rest of brightwork with light-tomoderate pitting. “Yale” brand lock on driver's door. Newer leather on front seats nicely done. Driver-quality woodwork with heavily soiled carpets. Includes what appears to be a complete, original tool kit. Wide whites soiled but serviceable. Originally owned by William Durant Campbell, grandson of William “Billy” the car no longer qualifies as original, nor is it especially usable as-is. Sale price was a stunning result, approaching what you'd expect for a nicer, vetted Ace, such as the two-time Colorado Grand car that Gooding sold across town for $231,000 (SCM# 191580). Very well sold. #310-1956 AUSTIN-HEALEY 100-4 M model roadster. S/N BN2L231026. Eng. # 1B231026. Black & red/black vinyl. Odo: 21,321 miles. An old race car with paint that's cracked and crazed, but serviceable. Brightwork relatively sound, given the car has been raced almost its entire life. Engine compartment tidy enough. Originally purchased in England by a U.S. serviceman, who had it upgraded to full 100M spec at the Healey factory in Longbridge before shipment to America upon his transfer. Damaged in transit, it was immediately sold to racer J.C. Kilburn, who already had a 100M on body: incongruous and even awkward. (Imagine a proper R-R up to the cowl, but grafted onto a T-bucket from there back.) But research by the British R-R Enthusiasts Club indicates the car was likely born this way. The exceptionally low house estimate of $40k–$60k and the dearth of other Watson-bodied cars might indicate that others share my wonderment. The catalog's assurance that the car “is expected to be running in time for the auction” didn't help confidence. Well sold. #312-1933 ROLLS-ROYCE 20/25 disappearing top drophead coupe. S/N GGA29. Eng. # A8P. Gray & black/black vinyl/red leather. RHD. Odo: 76,957 miles. Local showquality paint now has numerous chips and dust in finish; also cracking at some joints. Gaps are variable, and abutting body edges are not straight. Doors shut OK. Most brightwork pitted and scuffed; rear bumper is orange peeled. Ancient tires on painted wires covered by polished discs, which are pitted and dull. Interior aging but serviceable, with some instrument Durant, founder of General Motors. Cond: 2-. SOLD AT $39,195. This car appears sold three times in the SCM database: for $25,850 at Christie's 2004 Monterey auction (SCM# 34599); for $19,800 at Christie's 2007 Greenwich, CT, auction (SCM# 45488); and for $31,900 at RM's 2011 Monterey auction this past August (SCM# 185498). It's been around the block, and it seemed a bit dated mechanically, but it would still be pleasant to use for rentals, tours or a leisurely drive in the country. Well bought and sold. #354-1956 AC ACE roadster. S/N BEX175. Eng. # 514. Black/white leather. Odo: 37,409 miles. Low-mileage car with single ownership for almost 50 years. Recommissioned with new paint and major service in past 10 years. Paint applied poorly over poor prep. Rubber perished. All brightwork pitted. With modern mirror on fender, modern gas cap, and third brake light mounted askew on rear deck. White leather seats in need of conditioning and new padding. Carpets missing. Desirable Bristol 6 is stained and dusty. On order but took delivery of this car instead. Cond: 3-. NOT SOLD AT $80,000. Great period history, including several SCCA National events, albeit with modest success. Campaigned at the Monterey historics on 10 occasions, but has been idle since 2006. All systems had reportedly been checked, repaired, rebuilt or replaced as needed by the consignor in 2010, and the car was claimed event-ready. Even so, a thorough going-over will still be in order, possibly a five-figure adventure. As such, high bid was a fair offer. #331-1966 Vantage ASTON MARTIN DB6 coupe. S/N DB62389L. Eng. # 4002474V. Gray/black leather. Odo: 6,700 miles. Originally purchased by Bing Crosby. Nice paint referred to as “gray” but looks like Silver Birch. Bright trim good, with some pitting; outside mirror might need re-silvering. Older carpets in good shape. Gauges clear and dash face very nice. Refinished cherry steering wheel said to be original. Dash pad repaired at left A-pillar. Underhood well detailed and clean. Cond: 2. SOLD AT $298,500. This sold at Mecum's 2010 Monterey sale for $318,000 pieces lying on floor. Cond: 3-. NOT SOLD AT $98,000. A very handsome and rakish car—positively sporty by early R-R standards. But with an estimated 75 hp, this “small” Rolls was mostly show, without much go. Claimed to have been restored at some point, it's ready for a serious recommissioning, which will not be cheap. 20/25s will always play second fiddle to the bigger Phantoms and therefore command 78 painted wires. Cond: 3-. SOLD AT $221,500. The simple lines of the Ace are timeless, no doubt aided by the ongoing production of Cobra replicas. Infrequent use has been both good and bad to this car: Despite its low miles, Sports Car Market

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Bonhams Scottsdale, AZ seven miles ago (SCM# 165690), which equates to a haircut of about $50k after fees and transport. Aston Martin values are a constant bright spot these days, but the consignor was either ahead of the market in 2008, or placed too high a premium on the Crosby connection. Selling price today is not out of line with the current DB6 market but is still a little spendy. #313-1967 JAGUAR XKE Series I con- vertible. S/N 1E13662. Eng. # 7E105219. Burgundy/black canvas/black leather. Odo: 87,553 miles. 100 test miles on bare metal rotisserie restoration. Concours-level paint over flawless preparation. Excellent gaps. All new gaskets and seals. Canvas top perfect. Interior materials and fit done to the highest standards. Rebuilt engine. Tiniest of nits discernible under intense scrutiny: Door sills have a very, very slight wave below the covering; chrome flaking seemingly good money, but if this time capsule survives the next 25 years as well preserved, it will be a wonderful look back at a truly iconic British saloon. #307-1989 ASTON MARTIN VANTAGE Volante convertible. S/N SCFCV81V5KTL15838. Eng. # V5855838LFM. Black/ black vinyl/black leather. Odo: 10,894 miles. Very good paint—car displayed outdoors in an unforgiving sunlight, and paint still looks like you could dive right into it. Light cracking at left front of driver's door and left rear fascia; large nick on left front fender. Good gaps all around. Brightwork very good. Wood and seats excellent, with leather looking like it's just breaking in. Convertible top presents as new. AT $474,500. Not sold at $350,000 at Bonhams' 2007 Carmel sale, then in orange, with our reporter recommending a redo (SCM# 46304). It appears that only the paint was redone; the car still sports beige leather and its soiled tan top, with only six miles added. Spirited bidding by three people in the room took it well past the $350k high estimate. Price is much higher than any other recent sale (there are quite a few), and for a less-than-crisp car, so perhaps an outlier, not a trend-setter. GERMAN #359-1937 MERCEDES-BENZ 540K Cabriolet C. S/N 236583. Eng. # 154064. Red & black/black fabric/tan leather. RHD. Odo: 8,627 miles. Sold out of 45-year ownership; known history from new. Originally commissioned for the British market. Restored to high standard in 1981, but paint now cracking and crazing in several areas. Front fender lights may not be original; holes in fender indicate a different shape fitted at one point. Plastic zipties hold headlight wiring in place. Brightwork mostly nice, but some is pitting. Tan leather inviting. Starts up straight away. Comes with original tool kit and factory-fitted luggage. from two spokes on the wire wheels. A stunning presentation. Cond: 1-. SOLD AT $144,500. This car had it all: great colors, superb execution and attention to detail, and that luscious E-type body. It looked like a star ruby in the late afternoon sun. Sold for huge money and worth every penny. #302-1986 JAGUAR XJ6 Series III sedan. S/N SAJAV134XGC453904. Beige/beige leather. Odo: 8,947 miles. Original, ultra low-mile Series III XJ with sunroof and factory alloys. Presents as nearly new; showroom-quality, save for a few door dings, lightly discolored carpet and faintly soiled leather. Nearly imperceptible rippling of body panels, likely from the factory. Interior paint, glass and wood excellent. Recent full service with new shock bushings and a/c compressor. Very nicely detailed underneath. The Series III cars bene- Comes with factory fitted luggage. Said to be one of 166 V8 Vantage Volantes built over the entire model run, only 89 of which are LHD, with a mere 58 copies sent stateside. Cond: 1-. SOLD AT $150,000. The car presented almost as new and would be equally at home tooling down Rodeo Drive or rocketing across the Autobahn. Recent transactions on AM V8 Vantages show a significant jump in pricing over the past couple of years, no doubt coattailing on the rapid rise of their older brethren. Well bought and sold, perhaps with a slight advantage to the buyer. FRENCH #327-1947 DELAHAYE 135M cabriolet. S/N 800954. Eng. # 95200. Dark blue/tan canvas/beige leather. RHD. Odo: 1,256 km. Unmistakable Figoni et Falaschi coachwork. Dark blue paint nicely applied with only very slight rippling. Trim mostly nice; left door strip flaking, starting to pit. Lower front fender caps rough on edges. Rust around right lower taillight bezel. Chrome wires dingy and need refurbishment. Wide whites badly stained. Top fits well with some staining. Front seats nicely creased but need cleaning; rears still newish but drying. Fantastic Art Deco dash with orange acrylic knobs and dials. Cond: 2+. SOLD Cond: 3. SOLD AT $667,000. The big Benzes have always been favorites of mine, and while the Cabriolet C is not Sindelfingen's most elegant work, it's still a powerful and distinguished design. Three phone bidders from three continents slugged this one out in $10k–$20k increments for an extended period, with auctioneer's final calls made several times, only for a new bid to emerge. In the end, the hammer price came in right at the $600k high estimate, and the car will be going back to Europe for the first time since it was built. Well bought and sold. #349-1954 PORSCHE 356 bent-window fited from a Pininfarina face lift and Bosch injection and electricals (albeit made under license by Lucas). Cond: 1-. SOLD AT $28,080. A first-rate presentation of a beautiful car in elegant and understated colors. The condition told of a pampered life in a temperature-controlled Las Vegas garage. It sold for 80 coupe. S/N 52410. Eng. # 33413. Black/red leather. Odo: 456 miles. Restored 20 years ago with more recent respray well applied, but prep marks not difficult to see up close, run noted on passenger's door and numerous touch-ups on door edges. Some rippling of body panels likely original. Tight gaps. Original leatherette re-dyed, showing nice patina. Steering wheel now cracking. Dash includes rare manually operated pneumatic fuel gauge, plus original Telefunken radio. With Porsche Certificate of Authenticity. Cond: 1-. SOLD AT $93,600. As it was prominently positioned inside the first Sports Car Market

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Bonhams Scottsdale, AZ scuffed. All new seals. New carpet, re-dyed seats are dry. Original door panels in good shape. Good underbody detailing. Engine now with non-original C case rebuilt to correct SC color. Abundant documentation, including numerous manuals, service records and possibly the build card. U.S. delivery car, but with European taillights and bumpers. Right side mirror (from U.K.?) no doubt useful, but tent, you could not miss this very nice coupe in black over red. By 1954, Porsche's total production was still under 2,000 units, and while they were building more and more of their own parts, these cars still show many of the quirks of their more pedestrian forebears. Prices reflect this. This car was nice but was neither original nor newly restored. High bid was slightly generous and landed right in the middle of the somewhat optimistic $85k–$105k estimate. Well sold. #306-1955 PORSCHE 356A Speedster. S/N 80697. Eng. # P35285. Silver/black canvas/black vinyl. Odo: 66,714 miles. In storage for over 10 years, then disassembled and stored for another 13 years. Dirty, dusty, but all there, including trim and rare Plasticon fiberglass top. Vinyl soft top looks serviceable, interior not. Gauges clear and bright. Cheap, undersized aftermarket steering wheel and cheesy wood shift knob. Front clip replaced from headlights forward. Replacement floors and battery box included. Longitudinals look OK. Looks like a reasonable base for a restoration. Cond: 4. SOLD AT $100,620. For a while specs. Exhaust pipes too long. Cond: 2. SOLD AT $133,500. A strong presentation let down by inattention to detail. Don't get me wrong— I'd love to have it in my garage, but there were hints of rushed finish work here. Considering that, along with the non-matching engine, this sold for all the money. #342-1967 PORSCHE 906E long-nose, short-tail racer. S/N 906159. Eng. # 910032. Blue/black cloth. RHD. Late-development, fuel-injected, long-nose/short-tail 906 debuted at the 1967 Sebring 12 Hours driven by Joe Buzzetta and Peter Gregg. Then the 1967 USRRC under-2-liter champ with Scooter Patrick. Recently restored by Porsche specialist Robert Hatchman's Autocraft to very high level. Only testing miles since. Paint better than race standard. Some road rash, some cracking to bodywork. New plexi backlight. Unique rear-view mirror, as in period. Modern perhaps not correct. Manual transmission and correct dealer-installed a/c a plus. Cond: 2+. SOLD AT $52,650. Full confession — I have owned a 280SL for almost 10 years now, and despite the occasional “Isn't that a chick car?” comment, I am an unabashed fan of these sturdy roadsters. And with prices on the upswing, I don't mind a little feather ruffling. With good power and a lot of usable torque, they handle modern traffic with ease. Lot 330 looked to be an honest, usable example of the type with a couple of harmless liberties taken. The new owner should get plenty of joy from this purchase. Well bought and sold. #314-1969 PORSCHE 911S coupe. S/N 119300089. White/black cloth. Odo: 64,485 miles. Very well-looked-after racing 911, with fit and finish to better-than-race-car standards. Built up for vintage events from a real S street car in the early 1990s. Clearcoat paint shows miscellaneous rock chips and stars, per use. Interior painted red with black cloth seat. 225hp 2-L engine built by Pacific Northwest Porsche guru Dick Elverude. Fitted with mechanical injection, later close-ratio 915 gearbox and 930 brakes. Cond: 2-. NOT SOLD AT $61,000. Owned and campaigned by profes- it looked like somebody was going to steal this car, but bidding finally picked up. Even if the work is farmed out and done to a nice driver standard, the new owner will not be underwater forever. And if he can do some of the heavy work, there could even be a near-term upside. Alternatively, a mechanical refurbishment and sympathetic cosmetic work could make for a rough but cool driver. Lots of options. Well bought and sold. #319-1964 PORSCHE 356SC Cabriolet. S/N 159600. Eng. # P713267. Ruby Red/black canvas/black leather. Odo: 1,910 miles. Beautiful Ruby Red paint nicely applied over less-than-perfect prep. Tonneau rivets not removed when painted, chipping noted around edges. Brightwork nicely polished but with some scratching still visible. Rocker trim 82 duct hose in well-detailed engine bay looks incorrect. No odo, mileage unknown. Cond: 2+. NOT SOLD AT $980,000. One of the last 906s built by the factory, one of nine E models, and one of four in this body configuration. Slide valve mechanical injection said to add only 10 hp but with much improved drivability. 906s captured many victories over their short run. The few recent sales have been between $800k and $900k, but the reserve here was rumored to be $1.2m. Even with great history, known ownership, unique specs, and a nice restoration, that would have been a strong result. High bid was light, but probably not by much. #330-1969 MERCEDES-BENZ 280SL convertible. S/N 11304410004415. White/ Black canvas/black vinyl. Odo: 32,868 miles. According to the auction description, the white paint has been “refreshed” (which based on discussions with the sellers agent I believe to mean “color sanded”) and looks very good. Black “Pagoda” top also nice and in original sional-caliber driver Monte Shelton. If you ever thought you had talent and simply wanted to buy your way to the front of the grid, this was as close to a turn-key deal as you could hope for. Built and developed by people who've forgotten more about how to go fast than most folks know, this was a weapons-grade piece through and through. The lack of period racing history probably held things back, but it was still worth more than the high bid. #365-1987 PORSCHE 962 racer. S/N RLR962106B. Eng. # 956348. Turquoise & Sports Car Market

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Bonhams Scottsdale, AZ white/black cloth. RHD. Ex-Richard Lloyd Racing. This was the replacement chassis for RLR962106; the “B” chassis continued with the history from the original tub, per note on car prior to auction. Paint as last raced in 1991; numerous chips and cracks throughout bodywork. Bare metal interior with black cloth seat. Twin-turbo engine with water-cooled heads, presumably to Group C specs, as the car another for $93,500 at RM Monterey (SCM# 185486)—but as the underbidder, you'd expect me to think so, wouldn't you? Well sold, but really only bought too soon. #308-1964 FIAT 1500 convertible. S/N 028911. Eng. # 115005. Red/black vinyl/tan leather. Odo: 91,691 miles. Repaint looks to have been done with trim off and engine out, very nicely done; seller's rep claims it has been color-sanded, and I do not doubt that. Rare factory hard top painted black, but not recently, with rubbers badly perished and trim severely pitted. Brightwork on car largely good, with minor prep scratches visible under rechromed bumpers. Right rear taillight cracked. Seats recently redone in tan leather and lightly broken in. Aftermarket Veglia tach mounted over steering column is no doubt useful, but likely incor- spent its last few years racing in Japan. No odo, mileage unknown. Cond: 3-. NOT SOLD AT $400,000. 962106B was built by Richard Lloyd Racing using an in-house chassis designed by Nigel Stroud. The RLR cars were unique in many ways, mainly being lighter and stiffer than the 962s from Zuffenhausen, and among the privateer teams had more success against the factory Rothmans cars than most. This car was a no-sale last summer at Bonhams' 2011 Quail Lodge auction (SCM# 184607, high bid unknown), and the same held true here. NonRothmans cars will sell for $600k–$800k, and this car's condition and convoluted history likely held it back. ITALIAN #352-1958 FIAT-ABARTH ZAGATO 750 GT “double bubble” coupe. S/N 497034. Eng. # 517332. Red/black leather. Odo: 38,516 miles. Recent restoration likely better than factory but not overdone. Good paint with lack of sheen likely appropriate for the period. Shown at Pebble Beach in 1992 but disassembled for more detailed rebuild. Too nice to thrash on the track, but still could be enjoyed on the street. Three owners from new. Cond: 2. SOLD AT $111,150. These cars were a bargain for a while; now prices are rising and reflect their coachbuilt status and unique Zagato design. down-force. Three-time consecutive winner of “Mini Cooper/Fiat Abarth/Lotus Challenge.” Cond: 3. SOLD AT $46,800. There was no indication that this car was born as an Abarth, Corsa or 1,000-cc model, but it has its vintage racing papers and much success on track. Price paid was under the $50k low estimate, which might reflect doubts about originality and future appreciation Regardless, this will be an affordable and highly effective weapon on the vintage racing scene, and with that in mind, well bought. See profile on p. 60. AMERICAN #304-1902 OLDSMOBILE CURVED- DASH runabout. S/N N/A. Eng. # 7815. Red & black/black leather. MHD. Recent restoration shows well. Bright red paint to regional show quality. Brass headlights with nice patina. Deep-buttoned black leather seat is nicely done and looks reasonably hospitable. White tires. Equipped with an electric starter. Wide stance and high clearance designed to deal with road conditions of the day. Had difficulty starting before the auction, but ran fine once fuel lines were flushed. Reportedly a London-to-Brighton veteran. Cond: 2. SOLD AT $76,050. Widely credited as being the first mass-produced car, rect. Cond: 2-. NOT SOLD AT $21,000. This car was a $32,500 no-sale at Mecum's Monterey sale last August, where my notes read, “While it was nice and it appeared to need nothing, this looked like all the money in the world for one of these cars. Should have sold for a lot less than the high bid” (SCM# 184018). The market has spoken again, and the consignor should have taken the very generous bid last summer. The price guides have these solidly under $20,000, so it may now be very difficult to move within today's $25k–$35k estimated range. #303-1967 FIAT ABARTH TC Berlina Corsa 2-dr sedan. S/N 1667. Eng. # M12A2000/003174. White & yellow/black vinyl. Odo: 1,799 miles. A sanitary build, finished to typical race-car standard. “Abarth West” sticker on windshield. Fitted with Abarth intake manifold, radiator and gearbox, along with front-mounted oil cooler and Campagnolo mags. Permanent rear wing molded into body- 19,000 or so of these simple little runabouts found buyers over their seven-year production run. 2011 sales of these cars include $60,500 for a finished car at RM's Hershey event (SCM# 186097) and $32,113 for a project at Bonhams' Beaulieu sale (SCM# 187551), so this sale looks about right. A relatively inexpensive and vetted entry into London-to-Brighton and as such, this was a fair deal all around, with a slight edge to the seller. This car spent all but a few years of its life with the second owner in Arizona, so it would be a great platform for restoration. Not sure it was worth 15% more than the two sold last summer—one for $94,185 at Bonhams' 2011 Westport sale in September (SCM# 185950); 84 work, although racers in period usually just propped up the engine cover for cooling and #341-1932 PACKARD DELUXE EIGHT Model 904 Convertible Victoria. S/N 194181. Eng. # 194200. Burgundy/tan canvas/tan leather. Odo: 61 miles. Said to be one of only four Dietrich Convertible Victorias built. Paint, chrome and trim present as faultless. Tan leather seats buttery smooth. Four-place interior surprisingly compact for such a large car. Long, low canvas roof well fitted and taut. Engine compartment fully detailed and polished. Restored in 1999 and still concoursready. Stunning presentation. From the O'Quinn Collection. Cond: 1. NOT SOLD AT $650,000. This car stood out from everything around it with a presence few cars could Sports Car Market as a collectible.

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Bonhams Scottsdale, AZ pension, possibly air-actuated. Fitted with modern GM tilt-wheel with oversized leather seats. Full set of Auto Meter gauges on custom Red/black canvas/gray leather. Odo: 5,613 miles. 327-ci 340-hp V8, 4-bbl, 4-sp. Newish Rally Red paint nicely applied, but incorrect— this color only became available in '65. Gray leather interior likewise crisp and well done, but also incorrect—neither leather nor gray were available in '62. Most gaps to factory command. The Dietrich styling was stunning from every angle, conveying a visual lightness and sporting nature. Gooding sold a similar car—a 2007 class-winner at Pebble Beach— for $1,210,000 at their Scottsdale auction in January 2008 (SCM# 48793), which makes this high bid look low, even if it did meet the $650k low estimate. #357-1950 LINCOLN COSMOPOLITAN limousine. S/N 50LP6237H. Eng. # 0EL6520. Black/black vinyl/gray leather & mohair. Odo: 32,659 miles. Ex-Harry Truman limo, as certified by the Truman Presidential Library. Standard Cosmopolitan wheelbase stretched 20 inches, with roof raised seven inches for tophatted passengers. Conversion by Henney. A few touched-up chips on hood edge, otherwise flawless black paint. Roof covered with pyroxylin-coated fabric, possibly to hide extensive modifications. Leather and mohair upholstery excellent, as is painted wood on door caps. dash panel. Engine compartment tidy but pretty much filled up with a Chevy 454 lump. Cond: 2. SOLD AT $13,455. If everything works, a cool car for little money. And while I would generally advocate, “What's on the hood should be under the hood,” I could get over it at this price. With 6,300 miles showing, one could assume all the bugs have been worked out. The car was recently purchased for $16,380 at Bonhams' 2011 Classic California sale in November (SCM# 189976), so this looks like a quick flip that didn't pan out. Well bought. #322-1961 CHEVROLET IMPALA 2-dr hard top. S/N 11837L176077. Honduras Maroon/gray & white vinyl. Odo: 26,242 miles. 409-ci V8, 2x4-bbl, 4-sp. Base coat nice, but clearcoat blistered throughout in large blotches. Bumpers rechromed with prep scratches visible below the surface. Panel fit very good. Glass recently replaced. All rubber in good shape, but trim poorly detailed. Vinyl interior newish and correct. Undercarriage clean and dry. No claim of matching numbers or documentation that it's a real SS or 409. Cond: 2-. NOT SOLD AT $42,000. A greatlooking bubbletop in a great period color. standard, save for gas flap, which is uniform but very wide. Brightwork very good. No claims made regarding originality of drivetrain. Cond: 2-. NOT SOLD AT $38,000. A very nicely turned-out C1 Corvette with a lot of liberties taken, and the lack of documentation only raised more questions. This car was neither fish nor fowl: not stock, and not a custom. It was one man's inspiration, and unfortunately, with so many highly correct Corvettes available at any moment, such indulgences severely limit marketability. That all said, it was a nice car, and the consignor's decision to walk away from the high bid was reasonable. BEST BUY #355-1968 SHELBY GT500 KR fastback. S/N 8T02R210932. Highland Green/black vinyl & hound- stooth cloth. Odo: 51,517 miles. 428-ci V8, 4-bbl, 4-sp. Paint shows fish eyes and various sanding marks around driver's C-pillar. Numerous rock chips at leading edge of left front fender, grille-surround, hood scoop. Mild orange peel throughout. Brightwork dull or pitted, center of “Shelby” gas cap crazing and delaminating. Car locked but interior detailing looks OK. Tire profile is too high and fills Cond: 1-. NOT SOLD AT $145,000. When Harry Truman ordered limos in 1950 to replace the pre-war fleet, he reportedly chose the Blue Oval because GM had snubbed his request when he was campaigning and not expected to win. Too big and too nice to use regularly, but still, it's pretty cool and way more stylish than the mobile bomb shelters used now. Given the quality of the restoration and the car's historical significance, it was wise to walk away and try another day, although the market must be pretty thin for something like this. #356-1955 LINCOLN CAPRI 2-dr hard top. S/N 55WA5637H. Purple/white leather. Odo: 6,388 miles. 454-ci V8, 4-bbl, auto. A mild custom, few details provided. Features blue and white semi-ghost flames on contrasting purple metallic base. Paint well applied, with light cracking around hood. Lots of chrome and stainless, most in very good condition. Lake sidepipes. Lowered and raked sus- 86 Unfortunately, the paint has suffered from what might be acid rain, to which newly painted vehicles can be especially susceptible. Last sold for $50,310 at Bonhams' June 2011 sale of the Wally Lewis Collection in Portland, OR (SCM# 179542). The car could easily be brought up a grade with good paint. The restoration alone probably cost the high bid, but that has little to do with market value; at the end of the day it could just be a dolled up, garden-variety Impala. The $65k high estimate would be appropriate for a no-needs, no-questions car, and this was neither. A market-correct high bid. #324-1962 CHEVROLET CORVETTE convertible. S/N 20867S100504. Rally wheelarches incorrectly. Halogen headlights fitted. Undercarriage dry and tidy but undetailed. In Shelby Registry, build sheet included. Cond: 2. SOLD AT $70,200. This low-mile car was said to be all-original, but looked like it might have been repainted. Featured prominently at the entrance to the auction tent, it could not have been missed by anyone attending the two-day preview. But when it came time to buy, interest was tepid on this no-reserve car, and somebody flat-out stole it. Certainly the bargain of the auction. © Sports Car Market

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Gooding & Co. Scottsdale, AZ The Scottsdale Auction The buzz was palpable, with the first alloy 300SL Gullwing offered at auction in years, as well as examples of most of the recognizable blue-chip motors Company Gooding & Company Date January 20–21, 2012 Location Scottsdale, AZ Auctioneer Charlie Ross Automotive lots sold/offered 116/118 Sales rate 98% Sales total $39,643,900 High sale 1955 Mercedes-Benz 300SL alloy Gullwing, sold at $4,620,000 1955 Mercedes-Benz 300SL alloy Gullwing coupe — sold at $4,620,000 Report and photos by Donald Osborne Market opinions in italics I t is still a thrill to encounter cliffhanger sessions in a sale mostly consisting of reserve lots. Last year, Gooding & Company's brilliant auctioneer Charlie Ross was forced to pass eight lots in the Friday session, but he went on to ring up a perfect score on Saturday. This year, Friday's session saw Gooding run from pole to flag without a miss. Saturday then became a case of “can they do it again and shift every car?” But two pesky spoilers popped up to keep it from happening. The company had to settle for a 98% sales rate, while setting 13 world record auction prices in the process. The assortment of consignments was arguably the best in Gooding's five year history of hosting the Scottsdale auction. The buzz was palpable, with the first alloy 300SL Gullwing offered at auction in years, as well as examples of most of the recognizable blue-chip motors one could name. 300SL? Two Gullwings and two roadsters, check. Duesenberg? Sure, a Model J Murphy Disappearing Top Convertible. Lamborghini Miura? An ultimate spec SV on hand. Ferrari California Spyder? OK, it was “only” an LWB, open headlight model, but that's all right. You get the idea. Interestingly, while the dollar total was up 13% over 2011 and the aforementioned sales rate improved by 6%, that volume was achieved with fewer lots, 116 versus 121, and one fewer car sold over $1m than last year. But the top four sales of 2012 beat the $2m high sale of 2011. Led by the $4.6m alloy Gullwing, which for another year gave Gooding & Company the high sale of the week 88 crown, they included that Ferrari 250 GT California Spyder at a respectable $3.9m, a $2.64m world record for the Murphy roadster Duesenberg Model J Disappearing Top, and the $2.2m paid for a very imposing 1929 Bentley 4½ Litre Dual Cowl Sports Tourer. Despite the number of records set by the star cars, the supporting consignments were finding new homes at appropriate, market-correct levels. The two unlucky lots that spoiled the party were a lovely but somewhat out-of-favor 1957 Pontiac Bonneville fuel-injected convertible, which suffered bidder starvation at $120k, and a 1927 Bentley 6½ Litre Sports Tourer, which was passed at $1.75m. A pair of potentially market-moving world record transactions included a 1956 Lancia Aurelia B24S convertible selling for what had been B24 Spider America territory at $561k, and a 1971 Maserati Ghibli Spyder that cruised close to the magic $1m at $880k. In addition to the records, there were also bargains to be had. These included the one-off 1948 Derham-bodied Dodge D24 Club Coupe that graced the lawn at Pebble Beach last summer, bought for a less-than-costof-restoration $60,500; a 1967 Rolls-Royce Silver Shadow coupe formerly owned by the Nethercutt Collection at $33,000, and the buy of the sale, an NCRS Bowtie preservation awardwinning 1963 Corvette 327/340 roadster that went to a fortunate new owner for $55,000. David Gooding observed that one of the fac- Sales Totals tors driving the market for his company is the number of new clients who are coming in at the top level. Enthusiasts who have made the leap from passing interest to serious compulsion are eagerly making a transfer of assets into the best cars they can find. And with that in mind, the results from Arizona will have us looking with interest as the new season moves to the East. ♦ $5m $10m $15m $20m $25m $30m $35m 0 Sports Car Market 2012 2011 2010 2009 2008 Buyer's premium 10%, included in sold prices

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Gooding & Co. Scottsdale, AZ ENGLISH #8-1937 JAGUAR SS 100 2½ Litre tourer. S/N 49026. Eng. # L1012E. Dark green/beige canvas/brown leather. RHD. Odo: 37,811 miles. Well restored and nicely maintained and presented. Paint shows minute flaws. Chrome is excellent, with a few areas of wear. Superb interior. The 2007 JCNA Pre-War with air conditioning and in a very attractive color. Interest was high, and the result showed it, approaching the $500k high estimate. At this price in the current market, well sold. FRENCH #138-1927 BUGATTI TYPE 38A tourer. champion. Cond: 2+. SOLD AT $319,000. A charismatic early Jaguar, imported to the U.S. shortly after WWII. The SS 100 is welcome at all vintage rallies and is an absolute hoot to drive. With a bit of freshening, this one could also be a concours champion again. Well bought below the market-correct low estimate of $325k. #14-1957 AC ACE Bristol roadster. S/N BEX329. Eng. # 100D682. Bright blue metallic/black leather. Odo: 86,715 miles. Panel fit slightly variable. Excellent paint, very good chrome shows some light scratches on windshield frame. Seats have nice patina, some heavier wear on wood steering wheel rim. Retains correct original engine, as confirmed by the AC Registry during preview. Car was once owned by well-known gentleman racer Bob Fergus. Cond: 2-. SOLD AT $231,000. A very appealing Bristol-powered Ace in a great color. Interest in Aces (especially the Bristol variety) has risen significantly in the past few years, and deservedly so. This one sold right at a market price that was fair for seller and buyer alike. #129-1968 ASTON MARTIN DB6 Vantage coupe. S/N DB63340LC. Eng. # 4003437VC. Dubonnet Red/black leather. Odo: 91,440 miles. Excellent panel fit. Very good paint shows some minor prep issues, most notably on A-pillar drip rails. Nice chrome. Old windshield rubber reused after spraying and shows wear. Superb interior, with factory a/c. Cond: 2. SOLD AT $489,500. A very desirable DB6: left-hand drive, Vantage-spec, equipped 90 This felt like an unmolested, “lived-in” example, presentable without being sharp. That it's a Series II means that taller drivers, too, can wedge themselves behind the wheel. The 507 has established its market price in the past few seasons and is firmly in the $1m range. Across town, another 507 sold at RM for $990,000 (SCM# 192669). Sports Car Market SOLD AT $495,000. The convoluted engine history is common in the world of Bugattis, but what was done matters less than how it was documented, and this car passed the tests of marque expert David Sewell. Quite appealing, really, and it looked like it would be fun family transport. This looked like a big price to pay for a Type 38, especially one without early history, but, multiple bidders wanted to own it. Well sold. GERMAN #125-1937 BMW 328 roadster. S/N 85135. Eng. # 85209. White/black leather. Odo: 14,577 km. Good panel fit. Generally good paint shows chips on leading edge of left door and front edge of hood, plus some bubbling on rear cowl ness and mechanical sorting. Cond: 1-. SOLD AT $4,620,000. Early production lightweight alloy Gullwings have always been prized. Since most were raced and damaged, this example's lack of a track record was a benefit. As it was superbly restored and presented, no one doubted it would make the $2.5m low estimate. And that it almost doubled it is no real wonder in this current market, which richly rewards the rare and well done. #115-1958 BMW 507 Series II roadster. S/N 70183. Eng. # 40184. Navy blue/red vinyl. Odo: 77,304 miles. Very good panel fit. Shiny paint shows small adhesion bubbling in areas. Chrome is fair, with many pieces lightly faded and pitted. Interior is clean with very bright vinyl on the seats. Cond: 3-. SOLD AT $962,500. BMW's beauty queen of the 1950s. S/N 38444. Eng. # 12. Aubergine/dark red leather. RHD. A very handsome tourer wearing restrained Figoni coachwork. Good panel fit, with doors slightly out at rear edges. Very good paint and bright trim. Seats comfortably broken in, instruments clear. No odometer, mileage unknown. Fitted with replacement non-supercharged engine of correct type. Cond: 2-. aft of seats. Worn front badge, other bright trim good. Some fading on instruments, rest of interior is nice. Volvo gearbox fitted. Cond: 2-. SOLD AT $517,000. The most famous and desirable pre-war sporting BMW, in demand for every international event. This example had been well restored for event presentation and showed signs of appropriate use. Sold right in current market range, correctly priced. TOP 10 No. 1 #27-1955 MERCEDES-BENZ 300SL Alloy Gullwing coupe. S/N 1980435500208. Eng. # 9898055002181. Silver/blue-gray plaid cloth & blue leather. Odo: 2,069 miles. Excellent panel fit, paint, chrome. Superb interior. With fitted luggage and factory Rudge wheels. Ex-Ken McBride, one of 29 built. Recently gone over for correct

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Gooding & Co. Scottsdale, AZ #103-1959 MERCEDES-BENZ 220S convertible. S/N 180030109509792. Cream/black canvas/red leather. Odo: 10,832 miles. Generally good paint has small cracks on hood, light polish scratches. Very good chrome, although some light pitting noted in areas. Consistent panel gaps, except trunk wide on right. Very well finished wood trim. Nicely executed seats and door panels done in incor- rect grain leather. Cond: 2-. SOLD AT $92,400. The high-line ponton convertible and coupe are elegant cars with superb details. They are vastly expensive to restore correctly, and values can vary widely. This one was a mellowing older restoration not done to the highest standards, but it was nonetheless attractive. For a very pretty driver, well bought. #121-1960 MERCEDES-BENZ 300SL roadster. S/N 19804210002442. Eng. # 19898010002490. Red/tan leather. Odo: 73,732 miles. Excellent panel fit. Good paint shows polishing rub-through in places, touched-in chips on hood and right rear fender, stone rash on nose. Nice chrome shows some light scratching and fading. Very good interior, with original Becker radio. Underhood data plates films over the years, but this one is the actual “hero car” from “Herbie Goes to Monte Carlo,” with known provenance. The owner wisely resisted the temptation to restore it, so it still shows its studio use. For a really dynamic display, I would suggest the new owner track down “Giselle,” the Lancia Scorpion with whom Herbie fell in love. A well bought piece of minor film and automotive history. #156-1966 MERCEDES-BENZ 230SL convertible. S/N 11304210014851. Eng. # 12798110011999. Ivory/Dark brown canvas/brown vinyl. Odo: 71,643 miles. Excellent panel gaps. Very good original paint is well preserved. Generally very good chrome shows some scratching and light pitting in areas. Some perished rubber trim, delamination in top corner of windshield. Very good interior let down only by some lumps in edge of seat backs. Superb dashboard, with effortless venti- except trunk lid off in lower right corner and right door out a bit at rear edge. Paint shows some adhesion bubbling on rear edge of left door near bottom, but is otherwise well applied. Very good chrome, including incorrect 300SE wheelarch trim. Nice interior is let down by small random glue marks on instrument-surround, crooked speedometer and incorrect twotone wood on radio speaker. Cond: 2-. SOLD AT $176,000. The final iteration of the big Mercedes W111 convertible—the spiritual descendant of the pre-war 500 and 540 and the 300S of the '50s. These are fabulous cars to drive and are a reminder of just how well Mercedes once built cars. This one was very nice but felt just a bit unloved, and with some attention it could be quite a bit better. I'll call it well sold, and first thing to do is lose that wheelarch trim. ITALIAN #154-1955 FERRARI 250 EUROPA GT coupe. S/N 0405GT. Eng. # 1585GT. Navy blue/tobacco leather. Odo: 91,365 km. Panel fit excellent, as is paint. Very good chrome, except for minor scratches on rear bumper. Superb interior, down to the detail of the correct clips on the heater hoses. Fitted with circa-1959 outside-plug engine. The 1955 Paris Motor Show car. Cond: 1-. SOLD AT $797,500. The 250 fastened with mismatched screws. SOLD AT $660,000. I always prefer to see a preserved original car rather than an abandoned “barn find.” This SL reportedly spent 45 years in the hands of its first owner and remained very original in presentation. It sat a bit low on somewhat tired springs, but was still totally appealing. Priced appropriately just over the $650k low estimate. Well bought and sold. #157-1963 VOLKSWAGEN BEETLE “Herbie the Love Bug” 2-dr sedan. S/N 5646797. Gray/gray vinyl. Odo: 93,223 miles. Variable panel fit. Somewhat mottled paint shows various rubs, dings, bumps and scratches. Chrome fair, most pieces show light pitting. Interior worn, but not excessively so. Many signs evident of modifications for filming, like camera mounts and access cutouts. Cond: 2-. SOLD AT $66,000. One of dozens of “Love Bugs” built for various uses in several 92 Sports Car Market lation sliders. Some small cracking on steering wheel. Cond: 3+. SOLD AT $74,250. Late 230 SL, a rare U.S.-delivery manual gearbox model. Amazingly conserved, it presents as a lightly used late-model car. Recipient of Zenith Award at Survivor Collector Car Show in 2010. Unrepeatable. Perhaps the colors ivory and brown, which I loved, held down interest. Very well bought. #106-1971 MERCEDES-BENZ 280SE 3.5 convertible. S/N 11102712001721. Eng. # 11698012001483. Red/black/beige leather. Odo: 65,609 miles. Generally good panel fit, Europa and Europa GT can be counted as Ferrari's first true customer “production” cars, leading the way for the panoply of 250 variants that followed for the next decade. This one had very good provenance and was well presented. The engine replacement certainly held down the value, but not as much as some might have thought. Appropriately sold, and I think a bit well bought. #132-1956 LANCIA AURELIA B24S convertible. S/N B24S1205. Eng. # B241321. Gray metallic/black canvas/red leather. Odo: 35,851 miles. Excellent panel fit, paint and chrome. Superb interior, let down only by a minor detail issue with dashboard-top welting.

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Gooding & Co. Scottsdale, AZ Fresh restoration by Metal Works and Tony Nicosia of Costa Mesa, CA. Cond: 1-. SOLD AT $561,000. The level of this restoration was truly impressive—both cosmetically and mechanically, almost impossible to fault. The price difference between the 240 Spider America models built and the 521 convertibles has long seemed a bit too wide. While this price is for now an anomaly, the car was a great one. TOP 10 No. 2 #143-1959 FERRARI 250 GT LWB California Spyder convertible. S/N 1505GT. Eng. # 1505GT. White/dark blue canvas/dark blue leather. Odo: 60,415 km. Restored almost 25 years ago by Bill Pound Automotive, well maintained and freshened since. Panel fit and paint are near perfect. Chrome very good, with correct rough inside castings. Excellent seats, door panels, carpet- ing and instruments; factory-standard finishing flaws on dashboard. Cond: 1. SOLD AT $3,905,000. A spectacular presentation in elegant and effective colors, and almost yachtlike. SWB Cal Spyders bring more than these LWB open-headlight cars, but I wouldn't kick this one out of bed. The car previously sold at Bonhams' 2002 Geneva sale for $628,603 (SCM# 27306). Incredible appreciation in just 10 years. Well sold and bought. #142-1961 MASERATI 3500 GT coupe. S/N AM1011496. Metallic blue/beige leather. Odo: 41,318 km. Superb panel fit, except trunk lid high on right side. Attractive paint is somewhat unevenly applied. Excellent chrome. Interior very well trimmed and beautifully presented, except for some minor window rubber and headliner edge issues. One of two similar cars bodied by Frua, and the only one still ex- of 66 “7-Litri” Grifos built. Cond: 2-. SOLD AT $352,000. The 7-liter Corvette V8 that powered the Grifo was intended to make it competitive with the Miura and Daytona, but the car is actually closer to the racing Grifo AC3 and Bizzarrini in aggression. While a few details of the restoration disappointed, this was very well presented. A strong price, but worth it. tant. Dramatic styling, reminiscent of a Maserati 5000 GT. Cond: 2+. SOLD AT $302,500. This car had well-researched history by marque experts and will be a sure entry to concours events worldwide, once the paint issues are sorted. Bought at the $300k low estimate, which leaves room for improvement. Correctly sold. 94 AMERICAN #127-1957 PONTIAC BONNEVILLE convertible. S/N P857H35445. White & red/white vinyl/white & red leather. Odo: 55,588 miles. 347-ci fuel injected V8, auto. Very well restored to a high level a few years ago, still presents well. High-quality paint, shiny chrome. Very good panel fit, with right Sports Car Market Collection from 1997–2007. Cond: 1-. SOLD AT $82,250. The 1960 Cadillac is, in my opinion, one of the most beautiful American cars of the period. It has all the presence of the '59 without the cartoon fins. This car was superbly restored and presented, and it was one of my favorites of the sale. The new owner has a prize. Well bought. 2-dr #107-1967 CADILLAC ELDORADO hard top. S/N H7183833. Capri Aqua/Navy blue vinyl/blue cloth & leather. Odo: 17,686 miles. 429-ci V8, 4-bbl, auto. Said to have a documented 17,686 miles from new. Very well maintained and sympathetically SOLD AT $1,100,000. Originally owned by Prince Sadruddin Aga Khan, this was the 12th of 36 cars built. These remarkable supercars are as impressive today as when new, and they have a romance which is hard to match. Gooding sold this car at Amelia Island in 2010, where it brought $814,000 (SCM# 159986). 400 kilometers later, it's a million. Even if the seller paid a 10% commission, it's still a handy 10.5% return on investment, not at all bad in today's world. A fair deal for all. #18-1969 ISO GRIFO coupe. S/N 920242. Violet/parchment leather. Odo: 46,245 miles. Very good paint shows a few small flaws. Somewhat variable panel fit. Bright trim nice overall. Interior very good to excellent. The 1969 New York Auto Show car, reportedly one TOP 10 No. 7 #22-1965 FERRARI 500 SUPERFAST coupe. S/N 6049SA. Eng. # 6049SA. Silver/black leather. Odo: 65,007 km. Excellent panel fit. Very good paint has a few flaws and minor overspray on reused windshield gasket. Good chrome shows some wear and scratches. Interior has a nice patina overall and heavier wear on the wood console. Chassis Data tag says SF, catalog SA; early cars had the latter designation. Cond: 2-. door and trunk slightly out. Dashboard excellent, slight soiling on front seat. Cond: 2+. NOT SOLD AT $120,000. One of the most desirable, high-performance Pontiacs of the 1950s. It's been through the saleroom a couple of times, selling for $137,500 at RM's Phoenix auction in 2007 (SCM# 44065), and a $140,000 no-sale at Gooding's 2010 Pebble Beach sale (SCM# 165699). This time bidding stalled at $120k, making it one of only two unsold lots at the auction. High bid would seem to indicate the current market for this car. #17-1960 CADILLAC SERIES 62 con- vertible. S/N 60F122193. Metallic teal/white vinyl/white leather. Odo: 97,797 miles. 390-ci V8, 2-bbl, auto. Excellent panel fit and paint. Very good chrome. Only item letting down the otherwise excellent interior is some light wear on dashboard chrome trim. Formerly owned by Mark Miller, lead singer of the country music band Sawyer Brown; then in the Al Wiseman

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Gooding & Co. Scottsdale, AZ freshened. Excellent panel fit, very good 6-year-old repaint. Nice chrome, but center of grille slightly off, and right headlight door vacuum weak. Original interior cloth seat inserts are stunning. Cond: 2. SOLD AT $26,400. The $40k–$50k estimate range was rather optimistic, perhaps overvaluing the low miles. Had the car retained original paint, it might have brought more. As it sat, certainly well bought today. #5-1971 OLDSMOBILE 442 convertible. S/N 34467M129463. Sienna Bronze/black vinyl/bronze vinyl. Odo: 71,202 miles. 455-ci V8, 4-bbl, 4-sp. Very good panel fit. Well applied paint shows minor flaws. Chrome to a very good factory standard. Interior presents well with original 8-Track player. Earned First Junior status at the AACA Hershey meet in 2009. From the collection of actor Jeremy period) colors. I don't think the celebrity ownership, brief as it was, had any effect on price. It sold fairly, a bit below the optimistic $90k low estimate, and looked like a fair deal for both sides. #9-1941 LINCOLN CONTINENTAL convertible. S/N H112808. Eng. # H120779. Black/beige canvas/red leather. Odo: 39,155 miles. 292-ci V12, 2-bbl, 3-sp. OK panel fit. Thick paint shows areas of orange peel and some rippling down the sides. Chrome generally good, but some plating and wear issues noted. Inside, seat and door upholstery are good, but instruments show wear and fading. Cond: 3-. SOLD AT $40,700. The pre-war BEST BUY #153-1948 DODGE DELUXE coupe. S/N 31138409. Eng. # D24334434. Dark green metallic/green vinyl/brown cloth. Odo: 1,036 miles. 230-ci I6, 1-bbl, 3-sp. Excellent panel fit, except right side trunk gap wide. Paint presents as nearly flawless. Overall very good chrome shows some scratches on right-side vent window frame, crimped right-side trim spear, faded “Derham” body badges. Interior is superb, let down only by some light pitting under plating Piven, who reportedly owned it for 18 months. Cond: 1-. SOLD AT $79,200. A very nicely presented 442, well equipped with options and thoroughly restored in its original (and very Continental is the purest expression of the Lincoln's shape, with the delicate waterfall grille and slim bumpers. This car wore very attractive colors, but seemed to have slid considerably since the older restoration. As such, it really needs it all again now. If the mechanicals are good, price was fair. on areas of dashboard chrome. Car was shown at Pebble Beach 2011 and is an AACA Grand National and Melton award-winner. Cond: 1-. SOLD AT $60,500. A remarkably handsome one-off D24 coupe ordered by a NYC dealer from Derham of Rosemont, PA. It had a luxurious and detailed interior, with a rear window that reminded me of a Studebaker coupe. Very well bought by an SCMer, whose father was the dealer who ordered the car. © 96 Sports Car Market

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RM Auctions Scottsdale, AZ Automobiles of Arizona This was RM's 13th auction at the Arizona Biltmore, and superstitions can be set aside, as the results were very favorable indeed Company RM Auctions Date January 19–20, 2012 Location Phoenix, AZ Auctioneer Max Girardo Automotive lots sold/offered 126/140 Sales rate 90% Sales total $25,660,400 High sale 1957 Ferrari 410 Superamerica coupe, sold at; $1,815,000 Buyer's premium 1959 BMW 507 Series II roadster — sold at $990,000 Report and photos by Carl Bomstead Market opinions in italics T he Arizona Biltmore Resort and Spa, the site of RM's annual auction, is one of the world's most renowned hotels. It opened in 1929 and was designed by Albert McArthur, who studied under Frank Lloyd Wright for several years. While the resort is wonderful, the parking garage, where the cars often are displayed, is not. With this year's glorious desert weather during auction week, however, the majority of the cars were able to be displayed on the grass in front of the Biltmore. Ferraris were out in force, with 10 examples pre- sented. The 1957 410 Superamerica was the event's top seller at $1,815,000. The Ferrari had an unusual story, as it was once stolen and had its unique body removed. The chassis with the engine was acquired by noted Ferrari collector and Hollywood television director Greg Garrison, who had an identical body created by four retired Scaglietti workers. See the profile on p. 46. A Ferrari F40 Berlinetta first owned by Lee Iacocca and with less than 300 miles on the odometer spurred lively bidding and was hammered sold at a record price of $781,000. The value was, of course, in the limited use, so driving the car will be expensive indeed. In addition, a 1973 Daytona Spyder that had not been offered for sale in 23 years realized $990,000. Seven Porsches were offered, and a sensational Reutter-built 356A 1600 Speedster sold for $335,500. It was restored to exacting standards by a noted marque 100 expert and is considered to be one of, if not the best, in existence. A 356C/1600 SC Cabriolet, finished in Light Ivory with black leather seating, realized $165,000, continuing the positive trend for properly restored 356s. A 1993 Jaguar XJ 220S sold for $230,000, and the buyer was thrilled, as he felt he bought the rare performance Jaguar supercar at a slight premium over an XJ 220. The standard XJ 220 had an aluminum body, but the six 220S that were constructed replaced the original panels with carbon fiber, and a front splitter was added as well as an adjustable rear spoiler. In addition, the twin-turbo V6 was tweaked to produce an exhilarating 680 horsepower. If there was a weakness, it was with post-war American cars. A 1953 Buick Skylark with an older restoration sold for $96,250, while its GM Motorama stable mate, a 1953 Oldsmobile Fiesta convertible, realized $104,500. A few years back, these could have sold for twice what was realized here. In addition, a 1947 Chrysler New Yorker Town & Country convertible brought only $93,500. Prices have been steadily escalating since T&Cs have been recognized as Full Classics by the Classic Car Club of America, but this one was certainly an exception to that trend. This was RM's 13th auction at the Arizona Sales Totals Biltmore, and superstitions can be set aside, as the results were very favorable indeed. The sell-through rate was an impressive 90%, and bidders from 21 countries were represented. The diverse array of quality collector cars maintained RM's reputation of offering the best, and the bidders responded. ♦ $5m $10m $15m $20m $25m $30m $35m 0 Sports Car Market 2012 2011 2010 2009 2008 10%, included in sold prices

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RM Auctions Scottsdale, AZ ENGLISH #221-1914 ROLLS-ROYCE 40/50 Silver Ghost landaulette. S/N 25EB. Cream/black leather/wood & tan fabric. RHD. Odo: 502 km. Extensive restoration performed by marque expert in 2004–05. Inlaid wood interior panels are original to car. Equipped with CAV electric lighting and “double Elliott” speedometer. Chauffeur's area trimmed in tan leather; passenger area features silk window pulls and This was last seen at Barrett-Jackson's 2007 Scottsdale sale where it realized $198,000 (SCM# 44157). Considering the provenance, I would have expected it to sell closer to the $175k low estimate today. I'm sure the seller agrees, but the buyer is happy. #118-1957 JAGUAR XK-SS replica curtains. Retains original body, chassis and engine. Was once in Henry Ford Museum in Dearborn. Cond: 1-. SOLD AT $550,000. The 40/50 designation refers to 40 taxable and 50 true horsepower. This was an elegant and stately Silver Ghost that sold well below the expected range. With rich history and its inclusion in the book “The Edwardian Rolls-Royce,” I certainly thought it would garner more interest. Well bought. #236-1933 LAGONDA 3-LITER. S/N Z10710. Black/black fabric/maroon leather. RHD. Odo: 3,950 km. An attractive sporting body with cycle fenders and low-profile windshield installed when car was restored in early 1980s. Again restored in 2008 and received numerous awards at major west coast concours. Paint and trim present as flawless. Superb interior. Cond: 1-. SOLD AT $198,000. This between driver and passenger removed. Only 18 actual conversions completed. Cond: 2. SOLD AT $145,750. This sold at the $145k high estimate, which was likely less than the original cost. Not destined to appreciate as a collectible, but as a 6-digit alternative to the 7-digit real thing, price seemed fair. #268-1962 ASTON MARTIN DB4. S/N Lagonda is no stranger to the SCM database. It was most recently sold by Gooding at their 2008 Arizona sale, where it was stated to be correctly priced at $253,000 (SCM #48759). Prior to that it was sold twice by Christies, at their 2002 Pebble Beach sale for $117,500 (SCM #29033), and at their 1991 Pebble Beach sale for $79,000 (SCM #9209). Looks like the seller took a haircut this time around, but price paid here correctly reflects today's market. #220-1952 ALLARD K2 roadster. S/N 91K3019. Burgundy/black leather. RHD. Odo: 21,817 km. The “special production” K2 built specifically for display at the 1952 New York Auto Show. Original Cadillac engine replaced with Chrysler Hemi when car was restored in 1993. Granted FIA Historic Vehicle Identity papers in 1994, extensive history as a vintage racer. Leather interior in as-raced condition. Minor bruises from racing activities. One of 119 produced. Cond: 2-. SOLD AT $118,250. 102 include bored-out engine and added triple twinthroat carburetors. Window rubbers deteriorating. Cond: 2-. SOLD AT $357,500. A powerful road and track rally car. Extensive interest propelled the biddng far beyond the $250k high estimate. Price paid seems a bit excessive, considering the conversions from stock, but it will continue to be a formidable competitor on the vintage circuit. Sports Car Market DB4754R. Green/red leather. Odo: 23,632 km. Designed as dual-purpose track and road car, and active in vintage racing in VSCCA and SVRA events. Engine replaced in first month of ownership and again when restored in late 1970s. Converted to LHD, Tremec T5 transmission added. Further recent modifications roadster. S/N 7E69649. Silver/red leather. RHD. Odo: 636 km. A re-creation made by Tempero Coach and Motor Company in New Zealand. Based on '66 E-type chassis and power by a Jaguar XK DOHC inline 6. The XK-SS was a converted D-type sports racer with a passenger door fitted and the divider

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RM Auctions Scottsdale, AZ #124-1964 ALVIS TE 21 Series III drophead coupe. S/N 27162. Eng. # 27162. Light blue/tan fabric/tan leather. Odo: 8,653 km. One of approximately 350 produced. Converted to left-hand drive in 1996, along with numerous mechanical updates, and stated to have been driven on a regular basis. Bare-metal respray #136-1958 PORSCHE 356A 1600 Speedster. S/N 84607. Eng. # 68872. Aquamarine Blue/black fabric/red leather. Odo: 14 miles. Restored to perfection with a respray that was stated to have cost $80,000. Numerous awards, including Best in Show at 2009 Dana Point Porsche Parade. Complete with original books and papers, tool roll and Certificate of Authenticity from Porsche. the intervening years it was driven about 700 miles, and the seller about broke even today, after fees. Considering the Rudge wheels, this was well bought. #287-1956 BMW ISETTA 300 bubble-top completed last year to highest standard. Body straight. Very well fitted interior. Dual headlamps look a bit out of place, in my opinion. Cond: 2+. SOLD AT $66,000. A well-presented car that will get everyone excited at the next All British Field Meet. It had great cosmetics and seemed mechanically sound. Market-correct or somewhat well bought. #285-1968 JAGUAR XKE Series 1½ con- vertible. S/N 1E16228. Eng. # 7E148599. Golden Sand/biscuit fabric/tan leather. Odo: 57,717 miles. The very desirable Series 1½ with open headlamps, smaller bumper and 4.2liter engine. Driven only 100 miles since comprehensive restoration, which included a bare ing to cause concern. An attractive example. Cond: 2+. SOLD AT $35,750. Every auction of late seems to have one of these. The price realized depends on condition and body style. The bubble top is rare, and considering the quality of restoration, I will call this well bought. #231-1957 MERCEDES-BENZ 300SL metal respray and engine rebuild. Striking Golden Sand livery. About as close to a new E-type as you can get. Cond: 1-. SOLD AT $123,750. These have been appreciating of late—even the SCM Price Guide can't keep up. Last year this would have been all the money, but today it looked like a fair price. For an E-type restored to this level, this was a fair transaction all around. GERMAN #143-1955 MERCEDES-BENZ 300SL Gullwing coupe. S/N 5500712. Red/brown leather. Odo: 77,804 miles. Minor road rash on nose. Fitted with Rudge wheels. Interior, thought to be original, shows a plesant patina with mild wear. Driver's door sill worn from entry and exit. Car has been driven regularly and is equipped with factory-original luggage. Cond: 3+. SOLD AT $632,500. This Gullwing was last seen at RM's 2010 Monterey sale, where it sold for $550,000 (SCM# 165764). In 104 shows the resulting scars. Complete with books, records and tools. Rudge knockoff wheels are reproductions. Cond: 2. SOLD AT $737,000. A 300SL roadster has yet to break the seven-figure mark, even though that's about the new going rate for a Gullwing. I predict that it won't be long before it happens. At the price paid, this one looked like a solid investment, not to mention a fun tour car. roadster. S/N 7500295. Eng. # 7500347. Silver/black fabric/red leather. Odo: 43,709 miles. First year for the roadster version of the 300SL, with miles stated to be actual. Body-off restoration to exacting standard. Has been driven on several Copperstate 1000 rallies and original to car. Stunning presentation. Cost $10,500 when new. Cond: 1. SOLD AT $990,000. The 1958 507 on offer at Gooding was in comparable condition and brought a comparable price of $962,500, making both transactions look market-correct (SCM# 191589). Both cars were well presented and represent an attractive alternative to a 300SL roadster. ITALIAN #269-1927 ISOTTA-FRASCHINI TIPO 8A boattail tourer. S/N 839. Eng. # 662. Twotone lavender/purple canvas/purple leather. RHD. Odo: 12,041 km. Bold livery thought to be authentic. Used by Pacific Auto Rentals prior to 1950, restored in '80s and in Blackhawk Collection for 20 years. New top and lightningbolt stone guard fitted in 2007. Chrome Sports Car Market coupe. S/N 493880. Grey & blue/tan vinyl/plaid. Odo: 18,736 miles. The “rolling egg” often referred to as the savior of BMW. An excellent restoration with the proper plaid interior. Eyebrows on headlamps a whimsical afterthought. Has a few minor issues, but noth- Interior restitched with factory-correct thread using original stitch-holes. Stored at the climate-controlled Petersen Museum in Hollywood and reportedly exercised every 10–14 days on the parking garage roof. Cond: 1. SOLD AT $335,500. This must be a record sale for a 356 Speedster, but the quality of the restoration was unparalleled. Price was up there, but as we are prone to say, “Go find a better one.” TOP 10 No. 9 #128-1959 BMW 507 Series II roadster. S/N 70203. Eng. # 40190. Black/green leather. Odo: 53,646 miles. One of only 253 507s produced. A recent restoration by RM. Black paint sparkles, brightwork done to highest standard. Fitted with reproduction Rudge wheels and proper V8 that is not

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RM Auctions Scottsdale, AZ wires, wide whites. A stunning car that is hard to miss, and a 2009 Amelia Island award-winner. Cond: 2+. SOLD AT $407,000. This dramatic boattail tourer was previously offered at the World Classic Auction in Las Vegas in 1991, where it no-saled at $185,000, against a reserve of $250,000 (SCM# 12262). Same provocative livery then as now. I have to think a more conventional color scheme would find broader appeal, although this price isn't chump change. Well bought at the $400k lower estimate. BEST BUY #249-1952 FERRARI 342 AMERICA coupe. S/N 0246AL. Eng. # 0246AL. Black/green leather. RHD. Odo: 2,221 km. Restored and maintained to highest order. Receipts for $100,000 in recent work, including $1,700 for original taillight lenses. Shown at Amelia Island in 2007 and Pebble Beach in 2011. Displayed at 1953 Geneva Motor Show and known history since. moved; TV producer and renowned Ferrari enthusiast Greg Garrison (with Enzo Ferrari's assistance) then had new body constructed by four retired Scaglietti employees. A striking design that has been recognized at several major concours. One of just 37 410 Superamericas built. Cond: 1-. SOLD AT $1,815,000. A one-off design on an exclusive 410 Superamerica body, complete with fascinating story. The design may not be to everyone's taste, but it certainly won't be ignored. Price paid was most reasonable considering the documented history and quality presented. The car sold previously for $1,320,000 at Gooding's 2007 Pebble Beach auction (SCM# 46557). Well bought and sold today. See the profile p. 46. #260-1957 MASERATI 3500 GT coupe. S/N AM101058. Eng. # AM101058. White/red leather. Odo: 88,847 km. A one-off factory prototype used by Maserati, then shown as a 1958 Paris Show car. Has a number of unique features including mesh front grille, hand-made chrome deck supports and a 240 km/h speedometer. Resprayed 20 years back and now #242-1963 MASERATI 3500 GT Vignale Spyder. S/N AM1011457. Black/black fabric/black leather. Odo: 93,216 miles. A late 1963 3500 GT fitted with four-wheel disc brakes, triple Webers, Borrani wires and electric windows. Older restoration work holding up well but no longer crisp. Scratches and swirls noted on right rear fender and some touch-ups on hood. Black leather interior shows expected wear. Engine clean but not highly detailed. Cond: 3+. SOLD AT $297,000. Elegant, rare and seldom offered for public sale. A 3500 GT coupe sold the same weekend at Gooding for $302,500 (SCM# 191522) which makes this Spyder, at approximately the same price, look like a bargain. #280-1971 MASERATI GHIBLI spyder. S/N AM115S191. Red/black fabric/black leather. Odo: 28,000 miles. Ordered with every option except automatic transmission: a/c, power steering and Borrani wires. Low miles are from new. Uneven headlamp door gaps and wear on steering column are the only concerns. shows minor chips and scratching. Leather interior very presentable. Complete with original ownership history. Cond: 2. SOLD AT $165,000. 3500 GTs continue to catch collectors' eyes, and values are on the march. With the documented one-off history of this example, the price paid was well within reason. One of only six 342 Americas built and reportedly one of three by Pininfarina. Cond: 1-. SOLD AT $632,500. An exceptional and rare Ferrari that recently proved itself on the 2011 Colorado Grand. The quality of restoration, unique egg-crate grille and extended wheelbase chassis should have created more interest, but it sold well under the $800k low estimate. Well bought, indeed. TOP 10 No. 5 #232-1957 FERRARI 410 SUPERAMERICA coupe. S/N 0671SA. Eng. # 0671SA. Maroon/ stainless/tan leather. Odo: 487 km. One-of-akind design by Scaglietti featuring stainless steel fins, fastback roof, vents and rocker panels. Car was stolen in 1970s and body was re- cording to GM stylist Chuck Jordan, per the catalog. “Lusso” means luxury in Italian, and the word certainly applies here. Cond: 2+. SOLD AT $979,000. 250 Lussos continue to climb up the value chart, and this would have been a questionable transaction a few years back, but today it represents the current market. A quality offering at a correct price. 106 Sports Car Market #263-1963 FERRARI 250 GT Lusso coupe. S/N 4459GT. Eng. # 4459GT. Red/tan leather. Odo: 70,217 miles. One of 350 Lussos built. Thorough restoration in late 1990s, complete with Ferrari Classiche certification and multiple FCA Platinum awards. Participated in 1964 Targa Florio. A “timeless design,” ac- Only 125 spyders built. Cond: 2+. SOLD AT $297,000. The Ghibli was the first of the V8 Maserati GT cars and could go from 0-60 in 6.8 seconds with a top speed of 154 mph. spyders have sold in the $320k range in the past few years (SCM# 116783, 48106), so this example, falling short of that mark by $23k, has to be called well bought. Performance, rarity and low mileage make a strong package. #218-1973 FERRARI 246 GTS Dino spy- der. S/N 04404. Red/tan black leather. Odo: 66,010 miles. Miles stated to be original with

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RM Auctions Scottsdale, AZ recent rebuild and respray. Fitted with “Daytona” seats. Complete with records and jack bag. Intended for the U.S. market, about 1200 were imported between 1972 and 1974. Cond: 2. SOLD AT $203,500. Price paid was smack in the middle of the pre-sale $175k– $225k range and looked very fair. With the recent engine work and respray, and no evidence of neglect, the new owner should be good to go. TOP 10 No. 10 #267-1973 FERRARI 365 GTS/4 Daytona spyder. S/N 16705. Eng. # 16705. Red/tan leather. Odo: 38,749 miles. An original left-hand drive, U.S.-spec car, reportedly the 84th of 121 Daytona spyders built by Ferrari. Color has been changed from Verde Pino (pine green) with black inserts added to tan leather seats. Mousehair on dash in good condition. Complete with books, pa- leather. RHD. Odo: 51,168 miles. Precious metal customization work started in late 1940s, finished in 1974. Aluminum body wrapped in 23-karat gold, chassis and engine plated with Annual Meeting and Best in Class at 2011 Amelia Island Concours. Stored in barn for many years with history known from new. A sensational rare full classic. Cond: 2+. NOT SOLD AT $450,000. High bid was low but within striking distance, and I was surprised that no deal was worked out. But the seller's decision to hold on is understandable if he's in no hurry to sell. gold or nickel, interior fittings silver-plated. Dash instruments rusty. Cond: 2-. NOT SOLD AT $150,000. An automotive oddity that will quickly lose its appeal. Difficult to value, in one sense, weighing the gold and silver against the period-incorrect deviation from stock. In other sense, not difficult at all. High bid should have been plenty. #279-1930 CORD L-29 convertible. S/N pers and tools. Has been in same ownership for past 23 years. Only minor paint issues noted. Cond: 2+. SOLD AT $990,000. Many coupes have been “cut” into imitation spyders, but they are not difficult to detect and do not approach the value of the real ones. Correct Daytona spyders don't stray far from the price paid here. A fair transaction within the $900k– $110k auction house estimate, and all is square with the world. AMERICAN #234-1903 WAVERLEY 20A electric sur- rey. S/N 1167. Black/black leather. An older restoration that is complete except for 40-cell, 80-volt battery arrangement. The Waverley Electric was marketed at female operators, as indicated by an advertisement that read, “No built in America. Cond: 2-. SOLD AT $184,250. Cord L-29s have a great look, but they are not known for the quality of their ride, so they don't make wonderful tour cars. This was a very presentable example, and it sold for what has to be called a fair price in today's market. A few years back, some were saying the Full Classic market was dying, but sales like this just keep coming. Well bought and sold. #248-1931 MARMON SIXTEEN convertible sedan. S/N 16144722. Light teal/taupe cloth/teal leather. Odo: 5,184 miles. Thought to be one of eight Marmon Sixteen convertible sedans still in existence. Restoration completed in 2000 and awarded 100 points at CCCA complications. Turn on the power and steer.” From the O'Quinn Estate. Cond: 2-. SOLD AT $110,000. This got all kinds of attention, and it quickly went well past the $80k high estimate. An interesting piece of automotive history, and with electric cars now fully in vogue, it proves things always go full-circle. #274-1920 PIERCE-ARROW MODEL 48 coupe. S/N 515435. Gold-plated/black 108 FDA3837. Light gray/tan fabric/burgundy leather. Odo: 2,254 miles. Extensive freshening in 2006 at a reported cost of $30,000. A glass Lalique “Tete D' Aigle” hood ornament, recently produced, adorns the hood. Limitedproduction car with a low-slung frame, due to front-wheel drive. The L-29 was one of the first full production front wheel-drive automobiles #219-1931 PACKARD MODEL 833 dual cowl sport phaeton. S/N 145737. Tan & brown/tan canvas/brown leather. Odo: 29,949 miles. Known as “The Birthday Packard,” as it was given as a 17th birthday gift to Jonas Edwards, who owned it 42 years. Still retains original interior and exterior finish. Took third in 2009 Pebble Beach Pre-War Preservation class and F.I.V.A. trophy. Miles are documented and original. Complete with original trunk with fitted luggage. A wonderful unmolested Packard. Cond: 3-. SOLD AT $110,000. With the current interest in unrestored original cars, I was surprised this did not sell for more. It was in delightfully well maintained condition. At the price paid, this was well bought, and I hope the buyer cares for it with the same pride shown by the previous owners. #246-1932 AUBURN V-12 speedster. S/N 1973E. Black/black fabric/red leather. Odo: 21 miles. A stunning restoration with a few very minor issues such as small chip on radiator badge. More than $400,000 claimed spent on restoration, and it shows. Car earned Best in Show at ACD National Meet. The Auburn V-12 produces 160 horsepower, exceeding what Packard or Lincoln offered, and the Columbia two-speed rear axle provided six forward gears. Cond: 1-. SOLD AT $429,000. Clones abound, but the real thing stands out and attracts a crowd. The buyer moved to the head of the class with this magnificent V-12 speedster. Price paid exceeded the $400k high estimate but was not out of line. Sports Car Market

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RM Auctions Scottsdale, AZ #253-1932 LINCOLN MODEL K KB doublewindshield phaeton. S/N KB1367. Belmont Brown/tan canvas/brown leather & tan canvas. Odo: 132 miles. A 1932 Lincoln show car built by Brunn. Original body has been lost but was reconstructed by Fran Roxas. Design is unusual in that the dual windshields are steeply raked. Recognized with awards at 2-. SOLD AT $180,000. Many feel that the 1934 is the epitome of Packard styling, with the front fenders that almost reach the bumper. Price paid here was most reasonable for a Twelve that can be driven on the most arduous of tours and still do well on the show field. the 2003 Pebble Beach Concours d'Elegance and maintained to high-point standard since. A unique one-off design. Cond: 1-. SOLD AT $269,500. Lincolns tend to lag behind Packards in value, but this KB sold for money comparable with a similar Packard. I would tend to think the unique sporting design made the difference. No problem with this price on either side of this transaction. #215-1934 DESOTO AIRFLOW coupe. S/N 6078798. Silver/brown fabric. Odo: 15,068 miles. A design that was well ahead of its time and was not accepted in its era. This example restored to perfection and one of only a handful of coupes known to exist. Complete with wonderful Art Deco dash and “waterfall grille.” Cond: 1-. SOLD AT $52,250. A tough sell in used by Cord. Equipped with folding top that disappears under rear deck panel, pre-select transmission and Cord fog lights. Cond: 2+. SOLD AT $385,000. These continue to be the most desirable of Cords produced. The limited production, clean lines and supercharger keep them in high demand. This example was well presented, and if you could live with the rather bold livery, price was fair. the era, and an acquired taste today. The 8-cylinder Chrysler Airflows routinely sell at this price or above, but I could find record of only two other DeSoto Airflows near this money. The restoration must have been a labor of love for the seller, as the car was perfect, and he must have had much, much more into it—so I'll call it well bought. New owner will knock them dead at the next Airflow Owners Club gathering. #257-1934 PACKARD 1107 convertible sedan. S/N 110774313. Eng. # 902163. Maroon & red/black fabric/red leather. Odo: 67,840 miles. Ownership history known since delivery to Vail Brothers Packard dealership on Long Island. Outfitted for touring with radial blackwalls, seat belts and high-speed rear axle. Shows evidence of road rash that has been properly touched up. An elegant Packard that will continue to be a delightful tour car. Cond: 110 shows evidence of age and use. Gauges oxidizing and worn. Top aging, bumpers scratched. Your basic needs-everything restoration. Cond: 3. NOT SOLD AT $150,000. This pretty car showed signs of much deferred maintenance that will need to be addressed promptly. Factoring that in, the price bid looked correct, near the $160k low estimate. It was close, and I'm surprised no deal could be put together. Sports Car Market #264-1937 PACKARD TWELVE Convertible Victoria. S/N 906595. Eng. # 906595. Primrose Yellow/tan canvas/tan leather. Odo: 46,592 miles. A delightfully styled Senior Packard with independent front suspension. Older restoration work now unwinding all around. Interior leather seating #126-1937 CORD 812 SC Sportsman convertible. S/N 32405. Eng. # FC3144. Yellow/tan fabric/red leather. Odo: 444 miles. A 20-year-old 7,000-hour restoration that has been maintained well enough to be presented at the 2010 Pebble Beach Concours. One of only 64 original supercharged Sportsman 812s produced, although the designation was never #239-1941 PACKARD 180 DARRIN Convertible Victoria. S/N 14292013. Eng. # CD502436C. Red/tan fabric/tan leather. Odo: 929 miles. Carries an older restoration and a lacquer finish. Bumper not straight in front and several paint blisters noted. Whitewalls yellowing. Top appears to be newer. Designed by Dutch Darrin, but production brought in-house by Packard in 1941. It is thought that 35 were built on the Super Eight chassis in 1941 and another 15 in 1942. A lovely design. Cond: 2. SOLD AT $225,500. A wonderful-riding Packard with distinctive Darrin styling. Price paid was reasonable for a desirable car looking a bit past its prime. A respray is in the cards in the not-too-distant future, and that should cure most the ills. #206-1947 CHRYSLER NEW YORKER Town & Country convertible. S/N 7403939. Blue/blue leather & tan fabric. miles. 323.5-ci I8, 1-bbl, 4-sp. Older restoration with wood recently refinished by noted expert. Equipped with Prestomatic Fluid Drive transmission and clock. Interior very presentable. Engine compartment looks proper with no fluid leaks. A very striking example of an 8-cylinder Town & Country. Cond: 2. SOLD AT $93,500. Prices for T&Cs are off their high of a few years back, but they have not lost their desirability. They are now considered CCCA Full Classics, and with the activities available, values should appreciate. Buyer came out ahead on this one. #237-1953 BUICK SKYLARK convert- ible. S/N V1863937. Green/white fabric/green & white leather. Odo: 89,048 miles. 322-ci V8, 4-bbl, auto. An older restoration of a desirable Motorama model. Only 1,690 produced in

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RM Auctions Scottsdale, AZ 1953. Distinctive styling with the three-inch chop and saddle-belt side molding. Delco “Selectronic” radio with foot control. Equipped with Twin-Turbine Dynaflow transmission. Minor plating and other detailing items recently attended to. Expensive in the era. Cond: 2. SOLD AT $96,250. Values have been tumbling on Skylarks of late and without explanation. A few years back several sold for well over twice what was paid here. They are wonderful cars, and I predict values will shortly head the other way. This example was very well bought, under the $100k low estimate. #148-1953 OLDSMOBILE 98 Fiesta con- vertible. S/N 539M12903. White & Fiesta Red/white vinyl/black & white leather. Odo: 84 miles. An older restoration that still shows well. Innovative, iconic features include the wraparound windshield and Oldsmobile spin- ner hubcaps. Equipped with power windows, seat, brakes and steering. The rarest of the three GM Motorama models available for purchase in 1953, with only 458 produced. Cond: 2. SOLD AT $104,500. Fiesta prices have slid from their $250k high point of a few years back to a touch over six figures here. Skylarks have also followed that trend, with no real explanation. Well bought, but I do wonder where the market for these Motorama cars is heading. #277-1956 PACKARD CARIBBEAN convertible. S/N 56991137. Dover White,Roman Copper Danube Blu/Copper Brown canvas/brown leather. Odo: 17,069 miles. 374-ci V8, 2x4-bbl, auto. One of only 276 Caribbean convertibles built in the last true year of Packard production. Wears distinctive tri-tone Dover White, Roman Copper and Danube Blue paint with reversible two-tone leather seat cushions. Features new Twin- Ultramatic push-button transmission and correct replacement N.O.S. engine block with only 2,000 miles. Paint mostly original, but window seals are deteriorating and frames are scratched. A local show-winner. Cond: 2. SOLD AT $88,000. Last seen at Mecum's August 2011 Monterey sale, where it was a no-sale at $80,000 (SCM# 185126). Price paid looks like more today, but factor in the buyer's premium, transportation costs and whatnot, and the gamble did not pay off. Buyer got an unusual 1950s car in flamboyant colors that will always draw a crowd. Market-correct sale. #202-1963 LINCOLN CONTINENTAL convertible. S/N 3Y86N415632. Black/black fabric/blue leather. Odo: 3,249 miles. 430-ci V8, 4-bbl, auto. Suicide doors on very straight body. Minor touch-up on nose, buffer marks on trim. Leather interior in excellent condition. An elegant car, one of less than 3,200 convert- ible Continentals produced in 1963. Quality confirmed with multiple LCOC awards. Cond: 2+. SOLD AT $66,000. At least two bidders recognized the quality Continental and drove it to the top end of the value charts. A premium example for a premium price. #217-1966 SHELBY COBRA 427 road- ster. S/N CSX3228. Red/black leather. Odo: 10,671 miles. 427-ci V8, 2x4-bbl, 4-sp. Unrestored but received a bare metal respray in 2007. Leather interior is original. Documented in the Shelby Registry and even has the original invoice from A.C. Cars to Shelby. Driven less of this Lincoln than 11,000 miles with documentation to prove it. Only 348 coil-spring Cobras produced. Cond: 2-. SOLD AT $880,000. The SCM Price Guide puts this at close to $900k, and the documented low miles should add at least 10%. This was quite well bought, but each and every mile will be expensive. © 112 Sports Car Market

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Russo and Steele Scottsdale, AZ Sports and Muscle in the Desert Once the dust settled, more than 400 cars found new homes, up from last year's 379 sold Company Russo and Steele Date January 18–22, 2012 Location Scottsdale, AZ Auctioneers Brian Marshall, Jeff Stokes and Frank Bizzarro Automotive lots sold/offered 414/655 Sales rate 63% Sales total $19,273,145 High sale 1968 Chevrolet Corvette L88 convertible, sold at $687,500 Buyer's premium 10%, included in sold prices 1937 Mercedes-Benz 230A convertible — sold at $159,500 Introduction by Sam Stockham. Report and photos by Stockham and Robert Malke Market opinions in italics M 114 ost cars at Russo's auctions trade hands south of six digits, but this year, a handful of cars managed to bring north of $400,000, including a Ferrari 330 GTC done in a beautiful Sera Metallic Blue, which set a record at $429,000. In addition, a 1965 “R code” Shelby Mustang said to have been used by the Carroll Shelby School of High Performance Driving found a new owner at $467,500. Sharing this price tag was a 1953 Corvette owned by Corvette historian and guru Noland Adams. The U.S. Postal Service commissioned Adams to make sure the design work of the stamp to commemorate the Corvette was correct. This car was used in the design approval by Adams, who used his own car to make sure that the drawing dimensions were accurate and colors were correct. Top sales price this year was achieved by a 1968 L88 Corvette, which fetched a whopping $687,500. And why shouldn't it? It was a very nice car in subtle silver and was highly detailed, but not over-the-top restored. The car had a refreshing approachability and had everything buyers clamor for — raw power, good looks and exclusivity. Sure, the price was expensive, but the car will certainly turn heads at any Corvette event. Notable sales at this year's auction included a 1969 Ford Mustang Boss 429 at $253,000, a 1966 Ford Mustang fastback at $137,500, a 1954 Jaguar XK 120 SE roadster at $66,000, a 1937 Mercedes-Benz 230A cabriolet at $159,500, a 1971 Oldsmobile 442 W-30 at $132,000, and a 1963 Porsche 356B cabriolet at $121,000. There were over 650 consignments on Sales Totals site this year, ranging from blue-chip exotics through muscle, classics and street rods, and all budgets were well represented. Total sales this year rang in at $19,273,145, which was down almost a million dollars from last year, but the sold percentage of 63% is the highest since the glory days of 2007. Once the dust settled, more than 400 cars found new homes, up from last year's 379 sold. All in all, I'm sure that Drew Alcazar, owner of Russo and Steele, is pleased with the response he got from his home town. ♦ $5m $10m $15m $20m $25m 0 Sports Car Market 2012 2011 2010 2009 2008 No Data

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Russo and Steele Scottsdale, AZ ENGLISH #S755-1953 NASH-HEALEY LE MANS coupe. S/N 3002. Red/tan leather. Odo: 58,464 miles. One of approximately 506 Nash-Healeys built between 1951 and 1954. Paint and body decent but lacks detail, probably done years ago. Brightwork a mixed bag: some good chrome, some not, same with the stainless. Sloppy door jambs. Interior very sporty and leather seat round out the interior. Wears Auster low-profile windscreen, metal tonneau, vented hood, bullet mirrors. Cond: 3+. SOLD AT $18,700. This car was highly detailed and had seen occasional track use. Just the build alone looked expensive. Another car for the overseas buyers. A real bargain. BEST BUY cozy. Dash and instrument cluster conveniently laid out. Leather seats are comfortable with average wear. Has world's tiniest floor shifter. Cond: 3. SOLD AT $38,500. Last sold for $27,560 at Kruse Auctions in Auburn, 2002 (SCM# 28204). 120 miles added since. First year for the coupe and a very good example. The 1952–53 roadsters are in considerably more demand, but this iconic car still had potential. Well bought. #S767-1957 JAGUAR XK 140 roadster. S/N 5812864. Silver/black cloth/burgundy leather. Odo: 703,052 miles. Nice classy color combo, glossy paint, but amateur Bondo visible upon close inspection. Weak chrome and trim. Cloth top edgy. Interior nicely aged (and the Minilite-style Minator wheels and thick rubber. Race-style cockpit, gauges, seats, belts, halon, Tilton pedals, and roll cage all neatly covered by a fibergalss hard top. The hot rod-style peep mirrors would not be my first choice. Cond: 3+. SOLD AT $17,050. This was a fresh build and looked like a serious piece with very little time on it. Totally race-prepared, but looked streetable. It would look even better hugging the ground and could stand to be lowered a couple of inches. A super deal for the buyer. best part of the car). Cond: 3-. NOT SOLD AT $36,000. Definitely a driver. Final year for the XK 140, and it looked good under the lights. It had sort of a classic Hollywood look with the chrome wires and the #S642-1957 MGA wide whitewalls. Considering the amount of body filler, quite a lot paid. roadster. S/N HDR4321411. Burgandy/black metal tonneau/red leather. Odo: 32,738 miles. A tribute version of the 1955 Le Mans competition car. Fresh race-prepared long-block, with cast rocker cover, Webers and headers, plus exhaust, tricked-out suspension and chrome wires. Excellent paint and body, well detailed. Bumpers deleted, single Lucas fog light fitted. Derrington-style wood steering wheel and red 116 #S632-1961 AUSTIN-HEALEY 3000 roadster. S/N HBT7L3104. Healey Blue/blue cloth/blue leather. Odo: 2 miles. Almost a concours restoration. Nearly perfect finish with minor prep issues in clear-coated paint. Fresh chrome and trim. Interior new and correctlooking with all gauges reconditioned, latches #S636-1959 AUSTIN-HEALEY BUGEYE SPRITE roadster. S/N AN516997. Red/red fiberglass hard top/black cloth. miles. Wicked little raceprepped Bugeye. Realllu nice paintwork on a straght body. Fiberglass flip-nose front clip. Built 1,275-cc motor with a supercharger, head, cam, intake, carb, header and dressup kit linked to a 5-speed. Tricked-out suspension, heavy springs, bars and shocks. Shod with 13-inch chromed, new door jamb trim and sill-plates. Retains factory steering wheel. Underhood is spotless, with powdercoated intake manifold, polished carb tops, plus chrome latches, striker and hood prop. Sanitary undercarriage. Has the typical resto stance, sitting too high in the front. Cond: 2-. SOLD AT $49,500. With only two miles showing on the odo, this car was straight off the trailer. Good money spent on a car that inspired confidence. Well bought, right at market or just under. #SN851-1965 LOTUS ELAN roadster. S/N CHNS264151. Silver/black leather. Odo: 22,757 miles. Rare original example. Faded repaint, stock steel wheels, pee-shooter tips and a solid frame. Faded, dried leather seats, nice original wood wheel and horn button, checking on the wood dash, AM/FM cassette added. Engine runs good on Weber carbs, shows a little blue smoke at first. Cond: 3-. NOT SOLD AT $18,000. Lotus Elans first appeared in 1962 as the Series I. They are a simple, crude liitle cars with tremendous race heritage and are soughtafter today—especially with U.K. buyers. They can sell between $15k and $30k, depending on condition. There were dealers all over this rare example, but the seller had higher expectations. He may do slightly better elsewhere, but the associated costs of auctioning it again will likely negate any difference. #S650-1969 JAGUAR XKE convertible. S/N J691R7848. Black/black cloth/black leather. Odo: 71,803 miles. Second year of the Series II E-type. Professionally restored, still has a good finish. Nice detail in the jambs, engine bay, undercarriage and front frame rails. Chrome and trim nice and shiny. Cockpit fresh, tidy and looks complete with the guages, toggle switches, Becker AM/FM radio and a beauti- fully restored factory wood steering wheel. Equipped with rare optional removable hard top, painted black to match the car. Purrs like a little kitty. Cond: 3+. SOLD AT $70,400. Very nice car, although not the best color for an Sports Car Market

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Russo and Steele Scottsdale, AZ E-type in my opinion. But its striking looks and good options brought strong money. Well sold. The most expensive Jag at Russo this week. #SN873-1971 AUSTIN MINI Cooper 1275 GT 2-dr sedan. S/N MA2S4S296970. Garnet Red/tan leather. Odo: 3,242 miles. A real 1971 Mini 1275 GT. Based on the Clubman with the redesigned snout. This one was customized by Wood & Pickett, a U.K. shop known for building high-end Minis for discriminating buyers (The Beatles, for example). Interior has Recaro leather seats, full August, where it no-saled at an undisclosed top bid (SCM# 183967). I can only ponder on what it must have been like to roar through the Black Forest countryside in this car with the top down some 75 years ago. The bidder got a super buy, at one-tenth the cost of the big-brother 540K. #SN870-1957 VOLKSWAGEN BEETLE 2-dr sedan. S/N 1445285. Black/tan vinyl. Odo: 808,777 miles. Classic oval-window bug. Good-looking “Vee-Wee” is finished in black over what appears to be a solid body. Not a sophisticated or fancy car. Interior, although sparse, has a period-correct Motorola radio. instrumentation, wood veneer dash, Mota-Lita steering wheel, plush furry carpeting, cloth headliner, power windows and sliding steel sunroof. Fender flares over real 10-inch Minilites. Cond: 3. NOT SOLD AT $13,500. The 1275 GT is rarely seen in the U.S., much less in left-hand drive. This example had a good, straight, solid body, but it lacked detail, and the original gold color was showing through. It garnered a lot of interest from foreign prospects. Hard to put a value on this roller skate, but high bid sure seemed light. GERMAN #S704-1937 MERCEDES-BENZ 230A convertible. S/N 256814. Beige & burgandy/black cloth/burgandy leather. Classic European color combination. Older restoration with just the right amount of patina. Some minor sporadic checking in paint on body and wheels. Chrome decent with some minor glazing on bumpers and hubcaps. Low-profile roof line and suidide door give a sporty look. With fitted luggage and double trunk-mounted spare tires. Interior outstanding. A well preserved and used car. Excellent example of a not over-re- Tan vinyl seats with brown piping are a nice, classy touch. Slightly melted sunvisors detract, but are perhaps original. Car runs good and sits on a set of repro Coker classic whitewalls mounted on the stock rims. Cond: 3. SOLD AT $20,900. Government-issue black is not a particularly popular Bug color, but this looked very presentable. Nice old Beetles always attract a crowd, and this one was no exception. A little high, but a good car. #F511-1963 PORSCHE 356B Cabriolet. S/N 157127. Black/black cloth/tan leather. Odo: 88,725 miles. Beautiful T6B cab in black. Nice straight body with all original sheet metal. Represented as an older restoration with minor reconditioning over the years. Originally had a green interior, now tan. Wear on the seats shows evidence of infrequent use. Relatively stored, period-correct, prewar aristocratic German classic. Cond: 3. SOLD AT $159,500. Last seen at Russo's 2011 Monterey sale in April 2012 stock car with no notable options (like deluxe horn ring, Hella 128s, rear sway bar or Super 90 engine). Leitz rack on the back is actually a rechromed, slightly bent Reutter for a twingrille. Cond: 3+. SOLD AT $121,000. Bidding opened around $50k and quickly shot up from there. It slowed down at $90k and finally stopped at $110k. Strong money for a 356B cab. Price looked more like what you'd expect to pay for a nice 356SC or an average roadster. 117

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Russo and Steele Scottsdale, AZ #SN879-1965 VOLKSWAGEN BEETLE 2-dr sedan. S/N 1145285. Bahama Blue/cream vinyl. Odo: 7,457 miles. Classic Beetle with a stock factory brochure look, but festooned with accessory Euro fluted headlight lenses, roof and rear deck racks, an aluminum front sunvisor, curb scrapers, door handle guards, front and rear fender gravel shields and extended #SN814-1974 VOLKSWAGEN THING convertible. S/N 1833022883E. Metallic Yellow/black vinyl/black vinyl. Odo: 71,661 miles. Decent metallic yellow finish has only a few bad buff marks on the hood. Sporting repro BRM aluminum 15-inch 5-spoke rims and new tires. Absent of any chrome, just painted black tube bumpers and a four-tip aftermarket muf- and body, great stature. Nice to see a Ferrari that is not red, black or white. Meticulous inte- pee-shooter exhaust tips. Older recondition job, common colors inside and out, and good overall condition. Interior fitted with dealer-accessory front basket-style package tray and AM/ FM radio. Fake wide whitewall overlays on normal tires. Cond: 3. NOT SOLD AT $8,000. Bugs have sort of a cult following; they are fun econo-cars that just seem to hold their value. Many sell in the $12k–$15k range, but this price looked about right. It was probably a solid car, and the bidders seemed to think so, but the seller wanted more. #SN836-1966 VOLKSWAGEN TRANS- PORTER Type 2 microbus. S/N 236128736. Orange & white/plaid vinyl. Odo: 92,094 miles. A used, not abused split-windshield bus. Average two-tone paint job with an extra shot of orange peel, even on the bumpers. Roof rack, jalousie windows. Interior in vintage plaid, but in decent shape. No fridge or sink, but has adjustable table. Cargo area and trim fler system. Interior looks pretty weatherproof with its black textured coating on the floorboards and vinyl seats and top. Cond: 3-. NOT SOLD AT $10,450. The Type 181 Thing was produced between 1969 and 1983 in both military-spec and civilian versions. The prices range between $4,500 for a driver to $20,000 for a nicely restored one. This example would need a lot more detailing to command big money. #S778-1977 PORSCHE 911 coupe. S/N 9117202734. Yellow/black cloth. Odo: 100,453 miles. A re-creation of the 1977 911 IROC RSR raced by George Follmer, actively used on the vintage racing circuit. Nicely prepared, and from the outside looks accurate, short of subtle modern-day improvements. Sits on correct 9-inch and 11x15-inch Fuchs-style wheels, al- rior, tool kit spread out and displayed over rear package tray and looks complete. Cond: 1-. SOLD AT $429,000. Given that this car has be driven nearly 100k miles and then restored to look this good was an indication of its pre-restoration condition. Serious bidder action, and strong money paid, or perhaps just bought a little early. #F487-1972 ALFA ROMEO GTV 2000 coupe. S/N 3020722. Dutch Blue/black cloth. Odo: 487 miles. Stunning street- and race-prepared Alfa. Fresh paint and body, immaculate and straight. Aggressive stance, factory aluminum wheels and fat tires. Cobra racing seats, full roll bar and safety equipment. Undercarriage tidy and detailed. Under the hood is a modified 2-liter twin-cam 4-cylinder power- nicked up. Some damage to rear interior wood paneling. Runs fine, engine compartment grimy, aftermarket carb and air cleaner added. Surface rust and road grime on undercarriage. Cond: 3-. SOLD AT $15,400. It may be a halfcentury-old bus, but it's still in good enough shape to get out to Haight and Asbury. The big prices for these have been unpredictable and all over the board, but this modest sale looked totally right. 118 though polished, and wears all the period graphics. (It is even autographed by Follmer.) Engine is a flat-6 with reliable Webers and modified 915 gearbox. Undercarriage shows battle scars, road rash and jack marks. Still clean for a racer. Cond: 3+. SOLD AT $62,700. This was a well maintained, sorted and competitive vintage race car. With its recent race history on the West Coast, it would likely do just fine in any East Coast SVRA events. Fair price. ITALIAN #S735-1967 FERRARI 330 GTC coupe. S/N 2098843. Blue Sera Metallic/tan & black leather. Odo: 93,551 miles. Absolutely flawless car. Looks Pebble Beach-ready. Stunning paint Sports Car Market house. With Webers, headers and tuned exhaust, she absolutely rumbles. Add the tricked-out suspension, and this car is ready to challenge the corkscrew at Laguna Seca. Cond: 2-. SOLD AT $45,100. This race-bred Alfa perked up the crowd as it rolled onto the stage. It was the only Alfa here, and it drew a lot of attention. Money paid could have been a breakeven for the seller, looked strong on the buyer's end. Price aside, he got a great car that I'd love to take on the track. #S728-1972 FERRARI 246 GTS DINO Spyder. S/N 03908. Red/black leather. Odo: 86,316 km. Looks like a Fiat Dino Spyder and shares some of the driveline. Not a spectacular

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Russo and Steele Scottsdale, AZ car, although would be fun to drive. Body is wavy, nicks here and there, cut-rate paint job, including the targa top which is supposed to be black. Brightwork average, some scratches, anodizing shot and/or rattle-canned in places. Interior trim average, leather seats a little dried out. Aftermarket steering wheel and radio. Just poor union-quality fit all over. Mildly used, abused and reused. Cond: 3. SOLD AT $200,200. Not the best example, but she did look good rolling across the block. More effort should have been put into this baby Enzo, which had clearly been treated like a cheap 850 Fiat. Sale price would be a deal for a nice one. For this one, well sold. #TH364-1978 FIAT 124 spider. S/N 124CS10131068. Maroon/black vinyl/tan vinyl. Odo: 89,427 miles. Fully restored to a very high standard. Deep maroon paint shows nearly flawless. Chrome peeling from driver's taillight housing. Panel fit is nice, and doors close easily. Rubber on the Ralph Nader-ized bumpers is perfect. Interior well done. All gauges intact, and only clock shows slight haziness to the lens. Pedals show wear consistent with mileage, and new seat covers show Odo: 30,400 miles. Very nice ten-year-old restoration and recent reconditioning, with consistent condition from top to bottom. Clearly a maintained occasional driver. Good paint, shiny parts, good detail. Very neutral color combination. Interior is in great shape, beautiful dash arrangement. Underhood detailing equally as good, with minimal road dust. The owner took pride in his treasure. Cond: 3+. SOLD AT $81,400. Great drop-top looks, high-end marque, impressive stance. The years 1936-37 had some of the best-looking prewar classics, if you ask me. This car had it all and aroused the bidders. Well bought, considering the recent upkeep. #F459-1937 CORD 812 BEVERLY sedan. S/N 20755. Beige/burgandy velour. Odo: 36,784 miles. Decent older restoration. Not a lot of detail, but probably correct and complete. Most impressive is the dash and gauge detail and layout. Very Art-Deco. Convenient location for shifter on the steering stalk and the manual-operation headlights. Exterior has some chips and nicks from obvious use, yet maintained. Shiny and complete brightwork. Cond: 3. SOLD AT $53,000. only slight use on piping. Engine bay showroom-fresh and nicely detailed, with yellow cam belt cover and cooling fan unstained. Cond: 1-. SOLD AT $25,300. Hard to fault this car and the restoration job that was done. Could be almost over-restored, as Fiats didn't instill this much confidence when they sat on the original showroom floor. Finding rust-free examples is difficult these days, and restoring one to such a standard is cost-prohibitive. Double the top money bid here, but a very nice car and hard to reproduce for the money. If you had to have one, this was the one. Well bought and sold. AMERICAN #S681-1936 AUBURN 852 convertible. S/N GG5715. Beige/tan cloth/brown leather. Comfortable and quiet inside. I sat in there while I was writing my report. It was a time machine. Good old Yankee ingenuity, and a timeless car. Decent buy. #S674-1966 CHEVROLET CHEVELLE SS 396 convertible. S/N 138676b129475. Red/white vinyl/red vinyl. Odo: 66,199 miles. 396-ci V8, 4-bbl, 4-sp. Power steering, brakes, top, windows. Good, not great, repaint. Driver's door out at bottom rear and in at top front. Interior appears to have had pieces redone some time ago but is not fresh. Knee-knocker tach. Gauge plastic is foggy, and all dash appears to be original. Faded carpet pulling away from kick panels. Diamondback redlines on and 4-link suspension in rear for better handling. Full leather interior, racing buckets, fulllength console, Autometer gauges. 454 stroker small block, Tremec 6-speed, Detroit locker with steep gears. Autographed by Jack Roush. Cond: 1-. SOLD AT $161,000. This had been owned by the famous Detroit Tigers baseball pitcher Jack Morris. Over $450,000 reportedly invested in this one-off car. The auctioneer worked the crowd really hard, but it made just over half its $300k reserve. Somebody stole this one by about 250,000 big ones. #F486-1969 FORD MUSTANG MACH 1 fastback. S/N 9F02R156772. Indian Fire/black/vinyl. Odo: 47,888 miles. 428-ci V8, 4-bbl, 4-sp. A True Mach 1, sharp and recently restored, with very good detail. Rare Indian Fire paint color usually only seen on Lincoln and Mercury cars. Stunning paint finsh, excellent brightwork. New interior with good fit and finish. Equipped with tach and guage package, tilt kick-away column, factory options and a good color combo, but the details could be better executed. It earned mid-level money for a mid-level car, but some weekend elbow grease and some documentation to eliminate the uncertainties could raise the value a little. Fair price on a car that will always be desirable. #TH331-1969 FORD MUSTANG fast- back. S/N 9F02F103183. Silver/black leather. miles. 454-ci V8, 4-bbl, 6-sp. SEMA-quality car, no expense spared. Total custom-prepared Mustang. Bodywork excellent, laser straight. Deleted the rocker pinch welds, molded quarter extensions, recessed rear chrome bumper and exhaust, no side moldings. Great stance on 18inch and 19-inch wheels. Tube chassis up front steel wheels are OK. Engine bay dingy. Not particularly rare, but a nice cruiser. Cond: 3. SOLD AT $41,800. Vaguely suggested to be numbers-matching. This car had all of the right 120 AM/FM, fold-down rear deck, power steering, power disc brakes and limited slip rear. Short of the aftermarket spoiler, this looked like a really honest trophy-winner. Cond: 2-. NOT SOLD AT $63,800. A lot of hoopla over this darling. It looked great under the lights, absolutely on fire. Again, the auctioneer and his Sports Car Market

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Russo and Steele Scottsdale, AZ staff rallied the bidders to a frenzy. The right car, all the desirable interior options, stick shift, big-block Cobra Jet and a rare color combo. Bidding was market-correct or generous, but it somehow just didn't happen. 2-dr #S754-1970 CHEVROLET CHEVELLE hard top. S/N 36370K220450. Maroon/black vinyl. Odo: 66,315 miles. 454-ci V8, 4-bbl, 4-sp. Door weatherstripping coming apart. Body in decent shape with door fit slightly out and chrome showing wear. Repaint just OK and showing its age. Engine bay with oxidation on the aluminum components, worn stickers and old paint on radiator cover. New steering box and lines. Low-dough bench seat has good vinyl. Aftermarket speakers in rear package tray are ugly. Wears stock wheels with BFG radial T/A tires. Equipped with Cowl Induction, power steering and power brakes. Cond: 3. SOLD AT $93,500. Said to be last known LS6 to exist, but not sure the market cares. Condition will do a lot to a car's value. This car sold for over $70,000 less than lot S736, another 1970 LS6 that sold at $165,000. That's not to say this car was a dog, just that it was a good driver. I don't think the factory bench seat helped either, even if it is a bit unusual. Fair money paid. #TH203-1973 MERCURY COUGAR XR-7 convertible. S/N 3F94Q575531. Yellow/black vinyl/tan vinyl. miles. 351-ci V8, 2-bbl, auto. Good paint except for passenger's rear quarter. Slight scratching on stainless over doors. Very nice chrome on bumpers and grille. Slight pitting on door handles. Clean engine bay with some paint chipping off air cleaner. Equipped with Q-code 351, 3.25:1 ratio traction-lock differential, tilt column, leather bucket seats, power windows, dual racing mir- rors and a/c. New Magnum 500 wheels. Cond: 2-. SOLD AT $17,600. This had all the goodies and Marti Report documentation. It was a really nice car, but the cheap fix on the rear quarter-panel made it obvious that there'd been an accident at some point. And yet I still liked it, just because it was so unusual. The color combo is a matter of taste, and I was not offended. If the repair work isn't hiding some deep-rooted problem, I would have to call this well bought. #TH266-2007 SHELBY GT-H convert- ible. S/N 1ZVHT85H775326699. Black & gold/black vinyl/black leather. Odo: 38,500 miles. 4.6-L fuel injected V8, auto. #54 of 500. Paint needs a good buff, but body lines fit well. Comes with the factory wheels in back seat. Interior shows 38,000 miles of use and is signed twice by Carroll Shelby. Engine bay is used, and aluminum is oxidizing. Entire car just needs a good detail all around. Equipped with 3.55 rear gear, cold pack intake, Shelby Suspension and other Shelby bits. Cond: 3+. SOLD AT $36,850. It may be a while before these see any financial upside, and I think a bunch are being rat-holed away. It used to be that low build numbers were in the double digits, but now I guess 500 qualifies as rare for some cars. Value for this car is still on its way down, even though it is the Hertz model. I am sure it was driven hard during its rental days, which leads to uncertainty about drivetrain condition. Market-priced today.© 122 Sports Car Market

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McCormick Palm Springs, CA The Palm Springs Collector Car Auction Fun oddities aside, McCormick's mainstay is driver-quality cars, with an average selling price a touch over $16,000 per car Company McCormick's Date November 18–20, 2011 Location Palm Springs, CA Auctioneers Frank Bizarro, Jeff Stokes, Rob Ross Automotive lots sold/offered 356/547 Sales rate 65% Sales total $5,890,353 High sale 2007 Bentley Continental GTC convertible: sold at $121,800 Buyer's premium 1960 Chevrolet Corvette convertible, 327/350 — sold at $56,175 Report and photos by Carl Bomstead Market opinions in italics A fter 25 years and 50 successful exoticcar auctions in the Palm Springs desert, Keith McCormick's family and crew opened a new chapter with their most successful event to date. The final results were about $140,000 ahead of their record-setting February 2011 auction, with 549 vehicles crossing the block. The company has perfected their offerings and is known for throwing in a few quirky automotive oddities just to make it interesting. However, for the most part, their mainstay is driver-quality cars, and if you exclude the 2006 Bentley that sold for $121,800, the average selling price was a touch over $16,000 per car. Corvettes continue to be a staple, with 32 being of- fered and half finding new homes. At one end, you could have gone home with a 1980 coupe for only $4,725, but that would have not been the last check written, as many more will be required to keep it running and bring it up a notch or two. This event's most bizarre offering was a black '59 Corvette Fuelie called “Excessive,” and that it was. Covered from bumper to bumper in 24k gold, it stalled at $59,000. The coves and top were even painted with gold flake paint, and if any other part could be covered with gold, it was. The owner stated a desired price of six figures and I'd bet he was under the bus at that. Now with the car well past its prime, with the fiberglass cracking and some of the plating deteriorating, that offer 124 may just look pretty darn good in the coming months. With gold at record prices, I could not help but wonder if it might be worth more melted down. A 1950 Chrysler Town & Country coupe was a no-sale at $26,000. It's a car Palm Springs, CA that I'm very familiar with, as I watched it sell at RM's Ft. Lauderdale sale in 2008 for $49,000. At the time, I called it a number 2 with a few minor needs, but nothing glaring. It was offered at McCormick's February 2010 sale, and it was like seeing the high school homecoming queen, 10 years and 100 pounds later. Mother Nature had her way with this T&C, as the wood was separating and rotting in places and the finish had lost its luster. A year and a half later, it was now rated a number 4, and nothing has been done to help it. It's just an example of how a car can go down the financial slippery slope if left to deteriorate. A very respectable 1965 Buick Riviera real- ized $22,575. I continue to wonder when these will start their trek up the appreciation curve. With wonderful styling, tons of performance and a look of their own with clamshell headlights, they should offer significant investment potential. That potential has yet to be realized, as for the most part, they tend to stall at close to what this example realized. Congratulations to McCormick for their first 25 years of successful and entertaining auctions. They have the right mix of both high-level cars and interesting drivers, and that makes their auctions a great place for buyers and sellers at all price points. ♦ $2m $4m $6m $8m 0 Sports Car Market Sales Totals 2011 2010 2009 2008 2007 5%, included in sold prices

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McCormick Palm Springs, CA CANADIAN #490-1975 BRICKLIN SV1 coupe. S/N 0041BX5S002745. White/tan vinyl. Odo: 35,804 miles. Minor expected paint issues. Stated to have won numerous awards. With standard power-operated gullwing doors, which caused a problem when they failed. Only 2,854 built before Bricklin closed its doors leaving the New Brunswick government $23m 2,748 miles. Painted in bumble bee yellow and black, which would have any self-respecting Brit rolling his eyes. Paint chipped and scratched. Trim not in best of condition. Whitewalls filthy. Interior OK. Cond: 3. SOLD AT $8,925. Get past the livery, and this was a cute little pickup. Or make your first stop the quickie respray shop for something more civilized. Price paid was certainly cheap enough, so the new owner can afford to make this look a little better. ITALIAN #191-1966 ALFA ROMEO 2600 spider. S/N AR193115. Red/black vinyl/black vinyl. Odo: 91,101 miles. Attractive red paint that may be irresistible to cops. A few scratches and swirls noted on trim. Minor wear to interior. Engine clean with no seepage noted. Equipped with disc brakes front and rear. One of just in the hole. SV1 stood for “Safety Vehicle One.” Cond: 3+. SOLD AT $12,338. These cars are more interesting for their looks than their performance, as indicated by their D rating in the SCM Price Guide. But still, this looked like a good, properly maintained example, and the price paid was fair market-correct. ENGLISH #277-1951 JAGUAR MK V drophead coupe. S/N 647349. Gray/black fabric/blue leather. Odo: 40,352 miles. Very presentable restoration with excellent paint and brightwork. Elegant wood dash. Leather buckets in good order. Wearing spats. Whitewalls don't complement the car's look. Over the three-year pro- 2,255 2600 Spiders produced between 1962 and 1968. Cond: 2. SOLD AT $33,600. This was a very acceptable 2600 that sold for a song. Twice what was paid here would not have been out of line. Performance, styling and general rarity made this a well bought Alfa. JAPANESE #171-1964 TOYOTA LAND CRUISER FJ-40 utility. S/N 4FJ423121. White/gray fabric. Odo: 29,658 miles. Extensive, expensive and impressive restoration. Glass-beaded frame; nice paint shows minor crazing. Good trim. Chrome bumpers and other goodies. Features rebuilt engine, transmission, transfer AMERICAN #225-1937 OLDSMOBILE F-37 coupe. S/N 444551. Tan/tan fabric. Odo: 66,265 miles. Received an AACA First in 1992 and has been well maintained. Paint in excellent order, just minor trim issues. No issues with the fabric interior. Striking Art-Deco dash. Engine compartment clean with no leaks or streaks. A most attractive older Oldsmobile. Cond: 2. NOT SOLD AT $29,000. The F-Series was rede- signed for 1937 and was well received. But today the market for a 6-cylinder coupe is deep and narrow, regardless of how nicely it's been kept. To his credit, the owner worked the car all weekend, but I don't think it was worth much more than was bid here. The owner was a dealer, however, so he might have an angle. I wish him luck. #363-1950 CHRYSLER TOWN & COUNTRY Newport coupe. S/N 7411710. Green, white & wood/green fabric & leather. 323.5-ci I8, 2-bbl, 3-sp. In need of total restoration. Paint chipped on hood with scratches and blemishes elsewhere. Wood is split, chipped and cracked. Trim badly pitted. Bumpers scratched and dented. Not accepted as CCCA Full Classic. From the last year of the inline-8 as well as wood-trim cars from Chrysler. Only 700 Town & Country Newports produced. duction run, only 840 3.5-L drophead coupes were produced for export. Cond: 2+. SOLD AT $77,175. An elegant presentation that was properly restored. Price paid was about right for a DHC in this condition. First order of business should be the local tire store. #383-1960 MORRIS MINOR pickup. S/N 95619. Yellow & black/black vinyl. Odo: case, axles and brakes. Was once used as a milk truck. Cond: 2. SOLD AT $23,625. I'm willing to bet the cost of restoration far exceeded the price paid here. If one of these was on your bucket list, then this example would be the one to get. Price paid was in line with recent big sales of properly restored Land Cruisers. Well bought and sold. 126 Cond: 4. NOT SOLD AT $26,000. I watched this car sell at McCormick's February 2010 Palm Springs sale for $36,225 (SCM# 159264), which I called well sold. Prior to that, it sold for $49,500 at RM's 2008 Ft. Lauderdale sale where it was reported to be in #2 condition (SCM# 58109). The past three years have not been kind, as the car now pretty much needs it all. Price bid was what the car was worth, all things considered, so owner should have taken his licks and moved on. Sports Car Market

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McCormick Palm Springs, CA #260-1951 NASH RAMBLER Series 10 convertible. S/N D91184. Blue/white vinyl/gray fabric. Odo: 65,483 miles. 172-ci I6, 1-bbl, 3-sp. Convertible top slides back on unique “bridge beam” side-rails above the doors. Decent respray wears a few chips and bruises. Interior decent. Sits on 100-inch wheelbase. About 15,000 produced in 1951. #13-1956 FORD THUNDERBIRD con- vertible. S/N P6FH240253. Torch Red/red & white vinyl. Odo: 54,889 miles. 312-ci V8, 4-bbl, auto. Second year for the extremely popular Thunderbird. Major change was moving the spare tire outboard, which totally screwed up the handling. Torch Red paint professionaly applied. Good panel fit with exception of driver's door, which is out a bit at correct, he might have had a chance at getting his money back. Well bought. Cond: 2. SOLD AT $20,475. This unique Nash Rambler convertible was last seen at Silver's 2011 Carson City sale in August where it sold for $13,500 (SCM# 189710). Three months later, even after fees and transportation, a tidy profit. And there may be a bit left on the table, as these can sell for as much as $35k if near perfect. Well sold and well bought. #205-1951 PLYMOUTH CONCORD 2-dr sedan. S/N 18174860. Light blue/gray fabric. Odo: 6,607 miles. 230-ci I6, 2x2-bbl, auto. The Concord was the entry-level Plymouth for 1951. The engine has been ported and polished, with upgraded to 230-ci, ported and polished with Edmonds dual carb intake. Phillips headers and dual exhaust added. Manual three-speed with overdrive. Optional radio and heater. Side panel and seat upholstery #178-1954 CADILLAC ELDORADO convertible. S/N 546265839. Aztec Red/white vinyl/red leather. Odo: 82,869 miles. 331-ci V8, 4-bbl, auto. A quality restoration in the right colors. Excellent respray with no issues noted. Brightwork has deep luster. Complete with parade boot, but it needs attention. Leather bottom. Includes porthole removable hard top. Aftermarket radio with iPod. Equipped with dual master cylinders. Cond: 2. NOT SOLD AT $23,000. Values for early Thunderbirds depend on the engine and condition. The seller's assessment of condition here was at odds with reality, as is often the case, hence the failed sale. Price bid was within striking distance—too bad it did not come together. bench seat in as-new condition. A touch away from being a Cadillac LaSalle Club top award winner. Cond: 1-. SOLD AT $81,375. A very nice Eldo that was bid to and sold at a proper price—if anything, this was under the market, considering the condition. Now if it only had air! Even so, I'll call it well bought at the money. don't match. Chrome and stainless to perfection. Cond: 2-. SOLD AT $11,813. A ton of money went into the restoration of this rather plain-Jane Plymouth Concord. The plating bill alone would have come close to the price paid here. Little dramatic upside potential, but with the performance enhancements, this could be a real sleeper at the lights. #231-1953 FORD F-100 pickup. S/N F10R3D18969. Bright blue & white/cream vinyl. Odo: 21,739 miles. 302-ci V8, 4-bbl, auto. Resprayed in brilliant bright blue which needs a wet sand and buff. Trim pitted here and there. Wears chrome bumper with small driving lights. Interior well done. Fitted with 302 V8 and C4 transmission. A bit overpowering. Cond: 2. SOLD AT $23,363. I'm willing to bet the seller had a bunch more in this than the final bid here. In a color that was more period- 128 Sun visor stained. Engine bay received a quick detail. Cond: 3-. SOLD AT $15,750. This has the potential to be a very good buy. In decent condition these push twice what was paid here. With a little attention to detail, the new owner just might have a fun take-the-gang-to-dinner car that he won't lose money on. Well bought. Sports Car Market #283-1955 CHRYSLER NEW YORKER St. Regis 2-dr hard top. S/N N5524548. White & red/white vinyl & red fabric. Odo: 70,647 miles. 331.1-ci V8, 4-bbl, auto. A striking ten footer that has a long list of needs. Recent respray to acceptable standard but could've been better with more attention paid to body prep. Window trim pitted, as is horn ring and badge on the nose. Signs of age and use on the upholstery. Passenger's door sticks. #442-1956 LINCOLN CONTINENTAL MARK II 2-dr hard top. S/N 18962. Black/black vinyl. Odo: 51,336 miles. 368-ci V8, 4-bbl, auto. Once was a beautiful car, but neglect has had its way with this one. Paint falling off in chunks, and what's left is blistering and cracked. Weird wire wheels. Driver's win- dow cracked. Leather interior replaced with cheap worn vinyl. Chrome dull and scratched. A total mess. Cond: 5+. NOT SOLD AT $8,000. Restoring these is an expensive and time-consuming task. For a clapped-out mess, high bid was all the money in the world, and the car definitely should have sold. #189-1956 OLDSMOBILE 88 Holiday 2-dr hard top. S/N 567C20853. Festival Red & white/Alcan White/white vinyl & red fabric. Odo: 68,834 miles. 324-ci V8, 3x2-bbl, auto. The 88 was Oldsmobile's entry-level series.

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McCormick Palm Springs, CA This one upgraded to Tri-Power. Engine clean and tidy. Attention-grabbing livery is in acceptable condition. Wind wing trim pitted. Interior shows minor wear and tear. Attractive styling. Cond: 2-. NOT SOLD AT $26,000. Last seen at Mecum's August 2011 Monterey auction were it met the same fate as the sellers other three cars—a no-sale at $27,000 (SCM# 185119). Price bid was not out of line for a basic 88 series, so after two attempts, I don't know where the seller goes next. #168-1960 CHEVROLET CORVETTE convertible. S/N WN00867105452. Roman Red/red/red vinyl. Odo: 1,365 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Equipped with 327 V8 from a 1967 Corvette, VIN assigned from Washington state. Recently restored to high standard with only 1,300 miles driven since completion. Trim fits properly, which is not al- driver's door. Cond: 2. SOLD AT $27,825. The question with most heavily optioned Mustangs: What was it born with? Unless documented, assume that most of the goodies are add-ons. If all was in order here, the price paid could have easily been another $7,500 or so. But as an attractive-but-undocumented Mustang, price fan (no idea why I know that). The fiberglassbodied Avanti was a last-gasp effort to revive interest in the Studebaker offerings in 1963. Only 3,834 produced in '63 and fewer still in '64. Cond: 3+. SOLD AT $21,000. This Avanti R1 sold at Mecum's 2011 Monterey auction for $15,105 this past August (SCM# 185194). After fees and expenses, seller pocketed a few dollars for his efforts. He also left a few dollars on the table, as we say, as $25k or so would not have been out of line. Well bought and considering what the seller paid for the car, well sold. #202-1965 BUICK RIVIERA 2-dr hard top. S/N 494475H919987. Shell Beige/tan vinyl. Odo: 611 miles. 401-ci V8, 4-bbl, auto. The last year for the original Riviera body with the destinctive clamshell headlights. Attractive livery is in good order. Just a few minor scratches and blems. Interior trim worn, as is dash. Lots of power goodies. Almost 35,000 ways the case on 1960 Corvettes. Very attractive paint with deep luster. The right colors. Cond: 2+. SOLD AT $59,175. This was a totally appealing Corvette, but the assigned VIN and engine change waved a few red flags. An insurance total, perhaps? I hope the new owner checked the title before plunging in. If all is in order, price paid was reasonable. #420-1960 CHEVROLET IMPALA 4-dr hard top. S/N 01739S291178. White/blue vinyl & fabric. Odo: 72,861 miles. 235-ci I6, 2-bbl, auto. Striking from a distance, but the closer you look the less interested you become. Wears a decent respray, but carpet is filthy. Looks like it was tarted up for a quick turn. produced for 1965. Cond: 2. SOLD AT $22,575. This was last seen at Mecum's 2011 Monterey sale last August, where it was not sold when bid to $19,000 (SCM# 192432). A slight increase here, but after factoring in fees and all, pretty much a wash. Many feel these are on the verge of sliding up the appreciation curve, but nothing seems to happen. #149-1966 FORD MUSTANG convert- ible. S/N 6R08A156345. Red/white vinyl/red vinyl. Odo: 60,288 miles. 289-ci V8, 4-bbl, auto. A flashy Mustang with the desirable A-code V8 and GT package. Equpped with 6-cylinder engine is a major disappointment when Chevy was offering significant horsepower with their optional V8s. Cond: 2. NOT SOLD AT $23,000. Price bid was all the money and then some for a 6-cylinder fourdoor Impala. Twenty-grand should buy the best one there is, and this car did not match that description. #25-1963 STUDEBAKER AVANTI R1 coupe. S/N 63R3591. White/tan vinyl. Odo: 29,522 miles. 289-ci V8, 4-bbl, auto. Body straight, but paint cracking and chipped here and there. Interior condition commensurate with 29k indicated miles. Should have orange 130 Cruise-O-Matic, which was a $185 option, plus Rally-Pac clock and tachometer. Nice paint, chrome and glass. Convertible top well fitted, as is Pony interior. Warranty tag missing from was about right. #188-1966 OLDSMOBILE TORONADO 2-dr hard top. S/N 396876M521472. Burgundy Mist/burgundy vinyl. Odo: 19,897 miles. 425-ci V8, 4-bbl, auto. First year for the front-wheel-drive Toronado. Has a few blemishes on trim but all-in-all, an attractive car. Nice paint has a few minor scratches and touch-ups. Engine compartment clean and tidy. Standard equipment includes Turbo-Hydra- Matic transmission and Strato bench front seat. Equipped with a/c and cruise control. Cond: 2-. SOLD AT $29,400. Last seen at Mecum's August 2011 Monterey auction, where it was a no-sale at $27,000 (SCM# 185123). It sold here for a touch more, but factor in the fees and transportation costs, and not much was gained over the other offer. Price paid was very reasonable for a slightly above-average Toronado. #143-1967 CHEVROLET CORVETTE convertible. S/N 194677S114770. Marina Blue/white leather. Odo: 56,608 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. A well presented 1967 Corvette. Finished in the popular shade of Marina Blue, although the light-colored interior not to everyone's taste. Paint a bit on the shiny side. Trim scratched here and there. Sits a bit high in back. Equipped with sidepipes and lots of power goodies. Rolls on aftermarket bolt-on wheels. Cond: 2-. SOLD AT $60,375. All in all, I'd call this a strong Corvette. It was last seen at Silver's 2011 Carson City sale in August, where it no-saled at $57,500 (SCM #184523). After fees and transportation, this better price is actually no gain, and the seller would have saved a hassle if he had taken the earlier offer. But the price offered today was spot-on for a decent L79. © Sports Car Market

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ROUNDUP Southwest & More Auction Action Arizona is big, but it's not everything CZECH #446-1950 TATRA T600 TATRAPLAN sedan. S/N 780378075310. Gray/dark blue cloth. Odo: 64,732 miles. One of the most unusual cars at the sale and one of the best examples I have ever seen anywhere. Fully restored. Couple minor dents noted near the engine bay. Interior very well done—clean, crisp and a bit bare. Just basic gauges, clock and heater. Hornbutton center replaced with emblem from a late-model Mercury. Engine runs quite nice, Examining the goods at MotoeXotica's sale in Phoenix A longside our in-depth coverage of Arizona Auction Week's flagship sales, this issue of SCM brings you a roundup of other recent and important sales. Whether you were in Arizona, Missouri or Texas, there were a lot of cars crossing the block through the winter and into the new year. Our seasoned auction analysts were on-site, inspecting cars and prices, tracking sales and spotting trends, to bring you their up-to-the-second analysis of the collectors' market. Auctions Covered in This Roundup Dan Kruse Classics, San Marcos, TX, 10/28/2011 — Phil Skinner (62/199 sold / $822k) Leake, Dallas, TX, 11/18/2011 — Phil Skinner (318/565 sold / $6.6m) MotoeXotica, Phoenix, AZ, 1/14/2012 — B. Mitchell Carlson (38/153 sold / $378k) Silver, Fort McDowell, AZ, 1/20/2012 — B. Mitchell Carlson (158/270 sold / $2.7m) Mecum, Kansas City, MO, 12/1/11 — B. Mitchell Carlson (562/844 sold / $12.3m) ♦ but some blue smoke noted, which might be normal, or perhaps the rings are still seating after rebuild. Cond: 2. NOT SOLD AT $39,000. Don't take these odd-looking cars lightly. They actually competed and survived the 24 Hours of Le Mans. Their streamline design makes them an instant eye-magnet, but their feeding and care takes a special breed, willing to hunt down difficult-to-find parts. While the restoration didn't skimp, I think the consignor's dream of $100k was out of the world. High bid was low, but not by that much. Leake, Dallas, TX, 11/11. ENGLISH #243-1953 MG TD roadster. S/N 25620. Yellow & brown/tan cloth/yellow & brown. Odo: 4,845 miles. Older restoration in odd color combo commonly seen on replicars. Curious checkerboard paint scheme on radiator shutters, like a “Follow me” airfield car. Loaded up with shiny trinkets out of 1970s restoration catalogs: chrome fuel tank sides, wire wheels, wood rim steering wheel, wood shift knob, luggage rack, driving lamps, fender-top mirrors, Silver's Fort McDowell sale 132 and requisite grille badge bar with badges. MG club decals date to early 1980s. Tidy under the hood with added chrome and 12-volt electrics. Light wear on replacement seats and carpeting. Cond: 3+. NOT SOLD AT $16,000. Never before has someone worked so hard to create a real car that looked spot-on like a replica. I was almost surprised to see a motor up front rather than an air-cooled VeeWee in the back. Sports Car Market Tony Piff

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ROUNDUP Plenty bid for it. Silver Auctions, Ft. McDowell, AZ, 01/12. #T234-1968 JAGUAR XKE 2+2 coupe. S/N 1E78104. Light yellow/tan leather. Odo: 1,671 miles. Better-than-driver grade restoration overall, with a bare body repaint. Mostly replated brightwork, with some light pitting underneath. Authentically restored interior, with no signs of wear or use. Only items out of sync are new modern color-coordinated seat belts. Powertrain lightly modified, with head- FRENCH #283-1960 FACEL VEGA HK500 coupe. S/N 855X. White/black leather. Odo: 50,216 miles. Recently awakened from long-term storage. Brakes and motor serviced to become a runner again. Repainted several decades ago, with hammered-out dent on roof. Dull-butpresentable chrome, loose-fitting door handles. Windshield delaminating along edges. Older radials on original knockoff steel wheels. Seats starting to seam-separate, but have no tears. Older wood refinishing holding up well. 1980s Blaupunkt AM/FM. Topical engine bay cleanup and this was well bought. Leake, Dallas, TX, 11/11. #429-1967 MERCEDES-BENZ 230SL convertible. S/N 11304212017797. Black & red/black fabric/black leather. Odo: 24,146 miles. Looks like a high quality cosmetic refurbishing within past few years. Some minor scratches where top meets the metal behind the driver. Paint otherwise very good all around. Top not displayed, but said to be in excellent condition. Lenses clear, glass shows no scratches, bubbling or cracks. Chrome generally good, but some minor scuffing seen on top ers, triple side-draft Webers, low-restriction exhaust, and pipe organ stainless steel outlets. Factory a/c converted to modern refrigerant. Excellent workmanship under the hood and on fully rebuilt suspension. Cond: 2-. SOLD AT $29,680. Seeing auction after auction of E-Types restored for concours duty, it's refreshing to see a nice one set up to play, tweaked for more power than stock. Bought well, and I hope to see it out at Road America during one of the vintage race weekends. Mecum Auctions, Kansas City, MO, 12/11. #2427-1973 TRIUMPH TR6 convertible. S/N CF6714U. Red/black fabric/black vinyl. Odo: 74,800 miles. Sheet metal relatively straight. Paint good, but some minor nicks around engine bay and driver's door; could use a deep detailing to bring the paint out a little more. Chrome has no pitting but is a little dull. Removable hard top is a few shades off from rest of body. In-dash Alpine stereo, speakers with new belts, hoses, clamps, battery, and ignition wiring. Recently applied undercoating. Cond: 3-. SOLD AT $87,000. Stated by the consigning dealer to have been from the collection of the late and dearly missed Raymond Milo, one of our own from SCM. On one hand, I'm a bit surprised that he would've had a Facel that was this rough, but then again, when it comes to Raymond, nothing surprised me. It was a no-sale across the block at $80k, but within an hour, Mitch declared on the block, “It sold! The Facel sold!” Silver Auctions, Ft. McDowell, AZ, 01/12. GERMAN #426-1959 BMW ISETTA 600 coupe. S/N 131595. White & yellow/black vinyl. Odo: 17,955 miles. Big brother to the little Isetta 300, but still underpowered for use on most modern highways. Restored at least ten years back, and has participated in several vintage European tours and rallies, yet still in quite presentable condition. Paint, panel fit, interior and mechanicals all top-quality. Chrome and of rear bumper. Fitted with GM Autronic Eye and VDO in-dash clock. Cond: 2. SOLD AT $33,000. The SCM Price Guide puts perfect examples as high as $70k. This was nice but not top-shelf, and the price paid was pretty much in line for condition. Car did have Kenwood stereo and add-on a/c, which added value as creature comforts but at the expense of authenticity. Matching numbers aren't as critical with these models, and I think that with minimal care and upkeep, this will provide lots of enjoyable miles and a good return on the investment. Leake, Dallas, TX, 11/11. #T31-1971 VOLKSWAGEN SQUAREBACK wagon. S/N 3612264902. White/tan vinyl. Odo: 69,392 miles. Retains original window sticker from when it was sold new in Roswell, NM. Wears an old cheap repaint, now mostly dull and starting to flake along several masking edges. Dull original trim, heavy dent on driver's door penetrates to the sheet metal. Heavily sunburnt seats splitting along seams at top corners. Driver's seat- cut into doors. Seven-spoke alloy wheels set the car off nicely. Overall a decent driver and somewhat presentable. Cond: 3. SOLD AT $12,650. I have always liked these little Triumphs, and the price paid was in line for a typical Sunday cruiser. With top values hitting the $20k mark, this example has some potential for upside with a little bit of work and possibly putting on the original wheels. Despite being a British car, the electrics have always worked well for me, with the biggest concern being the dual SU carb. A fair buy and a good sell. Leake, Dallas, TX, 11/11. 134 glass in excellent condition. Wheels clean, suspension sits level. Only major issues appear to be some hazing and minor scratches on side glass. Cond: 1-. SOLD AT $25,410. I think this was one of the better buys in Dallas. Seller was looking for something north of $30k, but when money was on the table, he decided to take it. Anything “micro” continues to be desirable, bottom obviously has been covered and is in far better shape. Carpets heavily soiled and waterstained. Thick oil gunk on most of engine and undercarriage. With optional automatic transmission and leatherette seating. Cond: 4-. SOLD AT $3,100. The only people who pine for a Squareback are those who grew up with one—certainly not VW-trained mechanics, and especially not for one with VW's slushbox transmission. This was a solid car, but it needed just about everything, and I can't imagine it bringing more money anywhere else. Heck, it did well to achieve this much. Mecum Auctions, Kansas City, MO, 12/11. Sports Car Market

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ROUNDUP #1177-1974 BMW 2002 tii 2-dr sedan. S/N 2780317. Dark green/black vinyl. Odo: 61,144 miles. Looks like it led a pretty rough life, but has been revived to go on with Recaro seats and headrests. Factory dash with all the original instruments including a clock, but little else. Radio antenna, but couldn't find the receiver. Missing front bumper. Aluminum trim oxidizing. Showing some signs of corrosion in lower recesses. Underhood has all the proper equipment, but possibly some changes in wir- #299-2000 PORSCHE Boxster convert- ible. S/N WPOC42981YU625056. Arctic Silver/black canvas/black leather. Odo: 81,921 miles. A Texas car from new. Few minor nicks up front, but no sign of hits or touch-ups. Interior wear coincides with the miles on the odometer. Top not sun-baked, nor is the interior. Economy replacement tires. AM/FM/CD sound system, anti-theft and upgraded trim package, but not the Technic Sport Package. straight body. Interior above average. Displayed with top down, so inspection limited—fabrics look fresh. Underhood in order, and seller claims all maintenance kept up, including both- ing and fuel delivery. Cond: 3. SOLD AT $5,500. Overall condition held things back here, and areas not readily visible were assumed to have some metal health issues. However, for the new owner there could be a lot of trouble-free fun miles ahead, or at least the basis for a solid restoration or track vehicle. For the novice BMW fan, these cars are the perfect introduction course, and the price could probably be recouped without any major issues or steep mounds of dollars invested. Well bought for a tii. Leake, Dallas, TX, 11/11. #284-1976 PORSCHE 911S coupe. S/N 9117300847. White & black/aqua plaid cloth. Odo: 185,543 miles. Non-factory engraved VIN tag. Original motor swapped for 3.2-liter RUF-prepped version in 2010. Repainted in the last few years to good standard, and fitted with U.S.-spec headlights. Upgraded suspension components in recent years, along with supplementary oil cooler. Stock Fuchs wheels with newer Bridgestone Potenza radials. Decent body and door shut lines, and solid door fit. Generally tidy and somewhat clean motor, used Cond: 3+. SOLD AT $7,480. Still too new to be valued by collectors as anything more than a used car, but I think this was one of the best buys in San Marcos, considering the car looked like it had been taken care of. Barring surprises under the hood, I would say anything under $12k for this vehicle was a great buy and a nice entry-level German sports car. Dan Kruse Classics, San Marcos, TX, 10/11. ITALIAN #T108-1982 FIAT 2000 spider. S/N ZFAAS00B5C5002843. Two-tone red/tan vinyl/tan vinyl. Odo: 83,428 miles. Non-stock accent painting on the hood bubbles and gas filler compartment door. Age & Treachery Racing decal on the windshield. Windshield washer nozzles missing, indicated by holes on the cowl. Replacement top saturated in top dressing. All original upholstery, with only light wear and aging. Dash has several cracks on it. Crudely installed DIN-mount CD stereo ersome timing belt. Wheels and tires clean, and wear is even, no signs of any problems. Does have upgraded Panasonic stereo. Cond: 2-. NOT SOLD AT $5,500. These cars are plagued by boxy styling, questionable twinturbo design and maintenance issues, pretty much relegating them to the entry-level of exotics. This one, most importantly, showed no signs of neglect, meaning there's a chance it could be a good car. The SCM Price Guide gives a range of $7,200 to $12,300 for fuel-injected spyders, so this offer shows that the right buyer just wasn't in the room. Leake, Dallas, TX, 11/11. JAPANESE #238-1971 HONDA 600 2-dr sedan. S/N AN6001028524. White/black vinyl/black vinyl. Odo: 44,438 miles. Older repaint starting to get chalky in places. Presentable but dulling original chrome and trim. Black plastic plugs in original vinyl roof from something previously mounted there—likely a luggage rack. Slight dullness and fading of the rear brake light lenses. Dead, hard rubber for the swing-out side window glass seals. Chalky dashboard plastic. Good original interior upholstery, with flattened seat foam. Old bias-ply tires on the car undercarriage. Restored seats with the correct plaid fabric. Modern DIN-mount sound system in the dash. Cond: 3-. NOT SOLD AT $12,500. This car's engine generated tons of oil smoke anytime it was running. If there were any mosquitoes in Arizona, they are all certainly dead after this was driven across the block. A period RUF conversion is one thing, but this new conversion is going to have to pass smog. High bid valued the car correctly as it was presented. Silver Auctions, Ft. McDowell, AZ, 01/12. 136 system in center console. Light engine compartment cleanup, none on the undercarriage. The exhaust system is getting a few rattles. Cond: 3+. NOT SOLD AT $5,750. Last seen here two years ago, at Mecum's 2009 December KC sale, selling for $8,500 (SCM record # 153229). Since it only had two hundred more miles on it today, the seller seemed to have had his fill of FIAT in short order and wanted to move on. Top bid was low by a few grand or so. Mecum Auctions, Kansas City, MO, 12/11. #182-1989 MASERATI BITURBO spy- der. S/N ZAMFN1107KA331857. Black/tan fabric/ black vinyl. Odo: 30,914 miles. Very stock steel wheels. Cond: 3. SOLD AT $5,130. While Honda had taken a swing at the U.S. market in the 1960s with their 600 roadster, the 1970-71 600 coupes and sedans were the first practical cars they regularly imported—entrenching them in the States for evermore. While the coupes come off as a caricature of the later first-gen Civics, the 2-door sedans come off as a copy of the Mini. It looks like Japanese cars from the 1970s may finally be generating some collector interest (especially on the left coast), and this seemed like a decent Sports Car Market

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ROUNDUP deal for all parties involved. Silver Auctions, Ft. McDowell, AZ, 01/12. AMERICAN #T223-1947 CROSLEY SERIES CC 2-dr sedan. S/N 55006R. Green metallic/brown vinyl. Odo: 36,100 miles. Car was put away 35 years ago, per dust thickness on everything. Wears a set of California black license plates and an old, buffed-out repaint, speckled with dark spots from acid rain or bird poop. Dull chrome and stainless trim—except for the windshield wipers, which are missing. Stiff, #236-1956 OLDSMOBILE SUPER 88 Holiday 2-dr hard top. S/N 567K16862. Red & white/red vinyl. Odo: 35,251 miles. 324-ci V8, 4-bbl, auto. Great first impression, but closer look shows shortcuts taken on a mostly cosmetic restoration. Some body panel repair noted at lower regions. Driver's door latches need lubrication. Underhood looks clean but not concours-ready. Equipped with power steering and brakes, but not windows or doors. Top-of-the-line radio and heater-defroster, reportedly in good working order. Unfortunately Light green & white/white vinyl & dark green cloth. Odo: 52,959 miles. 318-ci V8, 2-bbl, auto. Very solid body, recent repaint plus some chrome work makes a great first impression. Some overspray. Interior a little frayed. Instrument panel hazy; odometer out of alignment, which might indicate mileage tampering; dash somewhat sun-baked. Underhood fairly original. Appointed with typical AM radio and push-button heater-defroster, matching the push-button automatic shifter. Cond: 3-. NOT SOLD AT $13,500. An impressive vehicle, and the Phoenix was the top-trim Dart for 1960, but worn and soiled seats and vinyl covers. Red radio-delete plate in the dash. Dustiest areas are under the hood and in the trunk. Offered without reserve. Cond: 5+. SOLD AT $4,050. On Saturday they sold a Crosley Hot Shot, and Thursday evening they sold this Crosley that was just plain shot. Regardless of the California black plates, this was all the money in the world for a long-term project. Mecum Auctions, Kansas City, MO, 12/11. #57-1951 CHEVROLET 3100 Deluxe pickup. S/N 3JPE18799. Eng. # JBA648293. Red/dark brown naugahyde. Odo: 49,260 miles. 236-ci I6, 1-bbl, 3-sp. Decked out fivewindow model with factory heater and very rare dash-mounted radio. Was previously given a full professional restoration, but appears to have been sitting out for a time, as paint is a little dulled, wood in bed needs refinishing and running boards show some wear and tear. Chrome and glass good, doors and hood all line does not have the Fiesta spinner wheelcovers, but tires and wheels are in nice shape. Cond: 3+. NOT SOLD AT $22,500. One of the most popular Olds models of all time, this car had several very interested parties prior to coming on the block, and I really though it was going to sell. As presented, this was about a $25k car, and the bid came within 10% of that. The market is still soft in a lot of places, like Texas, and I think the seller will regret his decision to take it back home. Dan Kruse Classics, San Marcos, TX, 10/11. #434-1959 DESOTO FIREFLITE Sportsman 4-dr hard top. S/N M451104001. Medium green metallic/tan vinyl & cloth. Odo: 91,887 miles. 383-ci V8, 4-bbl, auto. Full cosmetic restoration with excellent paint, chrome, glass and body work. Soft trim redone in original-style materials and in good order. Underhood clean but not 100% sanitary. Very well appointed, with power steering, power brakes, power windows and power adjuster swivel front seats, plus radio, heater-defrost and clock. Also fitted with period aftermarket the seller needs a reality check. He must not have noticed that the car had four doors and that the top doesn't go down. But seller also claimed the car was built in Australia, so who knows what to think? The money bid was more than enough. Leake, Dallas, TX, 11/11. #F36-1962 CHEVROLET CORVAIR Monza coupe. S/N 20927W232566. Blue metallic/black & white cloth. Odo: 92,745 miles. 146-ci H6, 3x1-bbl, 4-sp. Originally Satin Silver paint with black all-vinyl interior. Recent repaint in what is essentially late 1960s Chevy LeMans Blue, with light overspray on the dirty undercarriage. Fitted with 1964 threeprong wire wheelcovers and rear grille. Seating surfaces have been reupholstered in non-stock up at or above factory specs. No sign of rustout. Mechanicals in very good condition both to eye and ear. Cond: 2. NOT SOLD AT $16,000. These Advanced Design Chevy pickups continue to attract collectors, but this one did not find a new owner. The bid seemed fair here, as the truck really needed some cosmetic freshening. I suppose it might retail for as much as $20k as presented here, but for wholesale or dealer inventory, this bid was about right. Dan Kruse Classics, San Marcos, TX, 10/11. 138 a/c. Driver's outside door handle not functional. Cond: 2-. NOT SOLD AT $19,000. Cars with fins are big in Europe, but to get more than a passing glance in the U.S.A., it needs to be a two-door hard top or two-door convertible. That's too bad, because here was a great looking car that had a great Exner look and nearly everything desirable in these models. The bid looked like top money for the States, and might be at the limit for a foreign buyer, too, once he or she figures in shipping and tax liabilities. Should have been enough. Leake, Dallas, TX, 11/11. #1199-1960 DODGE DART PIONEER Phoenix 4-dr hard top. S/N 5302231095. burlap fabric. Topical engine bay cleanup, with many non-stock service components on the motor. Optional 102-hp engine, 4-speed, and heavy-duty suspension (although the rebound straps in the rear have rotted away). Cond: 3. NOT SOLD AT $4,500. 92k is a bunch of miles for a Corvair, no matter how you slice it. (Not that much of anything was original on it anyway.) Signage later indicated that the seller needed to sell and was open to offers. Sorry, the one you had was more than plenty. Mecum Auctions, Kansas City, MO, 12/11. #206-1966 CHEVROLET CHEVELLE SS 396 convertible. S/N 138676B126685. Artesian Turquoise/black vinyl/black vinyl. Odo: 82,745 miles. 396-ci V8, 4-bbl, 4-sp. Authentic frame-off restoration in the original color and trim codes, but with replacement engine block. Nice repaint, average panel fit. Less-than-inspiring top workmanship. Modern Sports Car Market

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ROUNDUP non-OEM windshield fitted. Good upholstery installation, but with a lower-grade incorrect grain vinyl kit. Tidy under the hood, but not up to show standards. Missing all of the windshield wiper hardware and hoses, apart from bare nozzles with nothing to connect to. Equipped with factory optional center console and AM radio. Cond: 2-. NOT SOLD AT $30,000. While rolling off the block, the auctioneer stated that the bidding was “$10,000 short.” If you ask me, this was plenty bid. Silver Auctions, Ft. McDowell, AZ, 01/12. #1155-1968 PONTIAC GTO 2-dr hard top. S/N 242378P356208. Beige/dark brown vinyl/black vinyl. Odo: 1,822 miles. 400-ci V8, 4-bbl, auto. Good eye appeal, decent repaint done in original color, some shortcuts in masking and overspray noted. Vinyl top has a few minor wrinkles near C-pillar. Interior is tight and fresh, but with aftermarket gauges. Equipped with usual power steering, front disc brakes, and a/c, plus non-locking 2.93:1 rear axle and sought-after retractable headlights. Best of all, PHS documents confirm numbers- Goodyear Polyglas tires and rear deck spoiler. Cond: 1-. NOT SOLD AT $48,500. The restoration was actually a decade old (or more), but this still looked fresh. Not quite show-winning, but it could be detailed to a second or third place. Real-deal Z11s like this one can net $10k more than this bid, so the seller did the right thing in holding onto it. Dan Kruse Classics, San Marcos, TX, 10/11. #T180-1969 CHEVROLET CORVAIR Monza coupe. S/N 105379W705901. Olympic Gold/black vinyl. Odo: 54,935 miles. 164-ci H6, 4x1-bbl, auto. Actual miles, interior and powertrain claimed original, repainted better than average, but not by a whole lot. New body panel seals, gaps decent. Wears modern plastic wiper blades. Corsa membership decal in rear window. Tidy interior, with light wear and soiling. Rather dingy engine bay, with heavily fuel-stained carbs, modern battery and cables, plus just enough dust to show that it wasn't detailed at the last minute. Equipped with op- (no a/c) and proper in-dash AM radio with period FM conversion mounted neatly. Cond: 3. NOT SOLD AT $6,000. Great eye appeal on this family SUV. There was some genuine interest in this, and I would have loved to have heard the word “sold” follow the bid, but the seller wanted at least another $2,500, which just wasn't here with this crowd. A good honest truck, but considering the mileage (with the odo certainly on its second time around) and potential can-of-worms mechanicals, plenty bid. Dan Kruse Classics, San Marcos, TX, 10/11. #52-1970 CHEVROLET CHEVELLE SS 396 2-dr hard top. S/N 136370K160698. Autumn Gold/black vinyl. Odo: 36,878 miles. 396-ci V8, 4-bbl, auto. Older cosmetic restoration done on a tight budget. Paint shows some blotchiness. Lots of small nicks on edges of Cowl Induction hood may be due to sprung left side hood hinge. Fitted with aftermarket AM/ FM cassette player. Rolls on factory SS-style wheels with Goodyear Eagle ST raised white- matching drivetrain. Cond: 3+. NOT SOLD AT $17,000. Bidding for this car was strong, but its early-morning time slot kept things back. I would think a mid-day number might have brought something closer to the $25k reserve. I liked the car overall, and think that a muscle-car person will eventually own it. Yet somehow I foresee it passing through the hands of several dealers before it finds a permanent home. Despite heavy post-block wheeling and dealing, nothing came together. Leake, Dallas, TX, 11/11. #261-1969 CHEVROLET CAMARO RS/SS Pace Car convertible. S/N 124679N630102. White & orange/white fabric/orange houndstooth vinyl. Odo: 61,529 miles. 350-ci V8, 4-bbl, auto. Build plate confirms it's a real RPO Z11 Pace Car. Paint and graphics look fairly fresh, top is dated 2000. Fitted with “horseshoe” shifter, power steering and front disc brakes, factory AM/FM, cowl induction hood, Rally wheels with proper 140 tional 140-hp engine, Powerglide automatic, AM/FM radio and sport hubcaps. Cond: 3+. SOLD AT $10,250. The wheel covers were only optional in 1965 and 1966, but then were brought back in 1969 for a final-year component clean-out. Same is true of the 140-hp option, made available again after mid-1968 in order to use up service replacement engines. This was 99 cars from the end of Corvair production, and it was painted the same color as what has proven to be the elusive last Corvair made. A fair transaction for all, if not leaning towards well bought. Mecum Auctions, Kansas City, MO, 12/11. TRAVELALL #229-1969 INTERNATIONAL 1000 SUV. S/N 1000C212017H785818. Teal/gold vinyl & cloth. Odo: 21,749 miles. 266-ci V8, 2-bbl, auto. Well preserved but not pampered. Repaint in original color presents well. Minor dings in front sheet metal and trim, chrome scripts nearly new. Glass and lenses presentable. Wee bit of bubbling noted in lower door edges. Windshield trim starting to show its age. Interior in good shape, pedals show minimal wear. Equipped with factory heater-defroster letter tires. Engine fitted with Edelbrock intake and carburetor, plus power steering and brakes, with discs up front. Cond: 3-. NOT SOLD AT $26,000. A rare color, but far from a showwinner. The seller was looking for $32,500, but I think that just a little bit more might have gotten the job done. Bid was a on the generous side, considering the condition. Dan Kruse Classics, San Marcos, TX, 10/11. #25-1972 CHEVROLET EL CAMINO SS pickup. S/N 1D80H2K553075. Silver/black vinyl. Odo: 98,857 miles. 350-ci V8, 4-bbl, auto. A sharp-looking machine that's been Sports Car Market

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Glovebox Notes 2012 Mercedes-Benz SLK350 ROUNDUP A brief look at cars of interest that have passed through the SCM garage. HHHHH is best. Price as tested: $65,805; 302 hp 3.5L V6, Premium 1 Package, Lighting Package, Multimedia Package, Sport Package, Panorama Roof, Airguide Windstop, Parktronic. EPA mileage: 20/29 Likes: For January in Scottsdale, is there any better way to get from auction to auction? Gripes: Low-profile (225/40/18 front, 245/35/ R18 rear) tires noisy, when retractable hard top is down, trunk space very limited Fun to drive: HHHHH Fun to look at: HHHH Overall experience: HHHHH Verdict: I went on the first press drive of the 1996 SLK230, and while the two-seater was impressive then, the current generation just feels “all grown up” by comparison. The styling is aggressive and makes the car look larger than it is. Mercedes knows how to instrument cockpits for maximum information and style, and the SLK is no exception. The V6 engine provides more power than you'll ever need in normal situations, and having a panorama roof with a fixed, tinted glass section is a big plus. — Keith Martin treated to a decent cosmetic restoration. Seller claims over $35,000 invested. Paint is good, but some spider-webbing noted. Bed floor quite worn. Doors, hood and tailgate all open easily and close tight and snug. Wheels and tires in good clean condition. Equipped with factory AM/FM radio and a/c. Gauges added. Light wiper mark on windshield, but all other glass in very good condition. Cond: 3. NOT SOLD AT $9,750. These Chevelle-derived El Caminos are enjoying surge in popularity right now, and the SS edition is king. Identifying a real SS is not possible by just the VIN, however, and there was no confirmation of this car's authenticity. The workmanship was good, but far from show-car perfect. Bid offered was fair for the condition. Dan Kruse Classics, San Marcos, TX, 10/11. #311-1972 CHEVROLET MONTE CARLO 2-dr hard top. S/N 1H52U2B560466. Red/black vinyl/black vinyl. Odo: 34,887 miles. 402-ci V8, 4-bbl, auto. Lots of microscratches on the finish. Windshield shows light wiper marks, but rest of glass is good. Chrome presentable but not perfect. Car looks straight, but bubbles found under vinyl top, and package tray shows some water damage and warping. Equipped with factory optional a/c, power steering, front disc brakes, dual sport mirrors, and base AM radio. Wears Rally wheels with original painted pinstripes. Rear valance has a few dents and wrinkles. Excellent original seats show only light discoloring around belts. Light tears in door panels. Presentable carpet with a good original dealer accessory floor mat. Engine bay and undercarriage dingy. Equipped with optional AM/FM/8-track stereo. Stands on 20-inch aftermarket wheels. Cond: 3-. NOT SOLD AT $6,000. The seller might have gotten his reserve if he'd ditched the modern rims. Sell the wheels, pocket the $2k (or, as is more likely, put it back on the credit card), and watch bidding increase by at least that much. Mecum Auctions, Kansas City, MO, 12/11. #304-1976 FORD F-100 Ranger XLT pickup. S/N F10HUB55189. Red/tan vinyl & cloth. Odo: 11,260 miles. 351-ci V8, 4-bbl, auto. A mostly-original pickup wearing one repaint and solid sheet metal with no sign of damage. Well appointed with a/c, power steering and disc brakes, original deluxe interior, sport steel wheels. Later Pioneer AM/FM sound system added, plus recently diamondplate toolbox from Tractor Supply. Factory jack Road Hugger T/A tires. Cond: 3. NOT SOLD AT $9,000. When the Monte Carlo was released in 1970 it was a personal luxury car for Chevrolet owners. It had classic long hood, short deck styling and was offered with a wide range of power plants. Some of those models are highly sought after, but this plain-Jane model is more of a curiosity, and its hidden condition issues are of major concern. Dan Kruse Classics, San Marcos, TX, 10/11. #T259-1976 CADILLAC ELDORADO convertible. S/N 6L67S6Q232306. Firethorn Red/white vinyl/white leather. Odo: 59,928 miles. 500-ci fuel injected V8, auto. Never completely repainted, but various panels resprayed over the years, with a few still wearing original paint. Vinyl pinstriping applied over and tools are stored neatly under the hood. Odometer must be on its second trip around. Cond: 3. NOT SOLD AT $7,000. From an era of pickup that hasn't yet caught on with mainstream collectors. These are sharp-looking trucks. This one was well equipped, and with the short bed, could be parked in most family garages. Seller had done little more prep than run it through a car wash. Also, a rubber mat in the pickup bed was of some concern to a several people. Nice truck, but the $7,000 bid was a gift; the $9,000 stated reserve was a fantasy. Dan Kruse Classics, San Marcos, TX, 10/11.© ox Notes 2012 Mercedes-Benz SLK350 ROUNDUP A brief look at cars of interest that have passed through the SCM garage. HHHHH is best. Price as tested: $65,805; 302 hp 3.5L V6, Pre- mium 1 Package, Lighting Package, Multime- dia Package, Sport Package, Panorama Roof, Airguide Windstop, Parktronic. EPA mileage: 20/29 Likes: For January in Scottsdale, is there any better way to get from auction to auction? Gripes: Low-profile (225/40/18 front, 245/35/ R18 rear) tires noisy, when retractable hard top is down, trunk space very limited Fun to drive: HHHHH Fun to look at: HHHH Overall experience: HHHHH Verdict: I went on the first press drive of the 1996 SLK230, and while the two-seater was impressive then, the current generation just feels “all grown up” by comparison. The styl- ing is aggressive and makes the car look larger than it is. Mercedes knows how to instrument cockpits for maximum information and style, and the SLK is no exception. The V6 engine provides more power than you'll ever need in normal situations, and having a panorama roof with a fixed, tinted glass section is a big plus. — Keith Martin treated to a decent cosmetic restoration. Seller claims over $35,000 invested. Paint is good, but some spider-webbing noted. Bed floor quite worn. Doors, hood and tailgate all open easily and close tight and snug. Wheels and tires in good clean condition. Equipped with factory AM/FM radio and a/c. Gauges added. Light wiper mark on windshield, but all other glass in very good condition. Cond: 3. NOT SOLD AT $9,750. These Chevelle-derived El Caminos are enjoying surge in popularity right now, and the SS edition is king. Identifying a real SS is not possible by just the VIN, however, and there was no confirmation of this car's authenticity. The workmanship was good, but far from show-car perfect. Bid offered was fair for the condition. Dan Kruse Classics, San Marcos, TX, 10/11. #311-1972 CHEVROLET MONTE CARLO 2-dr hard top. S/N 1H52U2B560466. Red/black vinyl/black vinyl. Odo: 34,887 miles. 402-ci V8, 4-bbl, auto. Lots of micro- scratches on the finish. Windshield shows light wiper marks, but rest of glass is good. Chrome presentable but not perfect. Car looks straight, but bubbles found under vinyl top, and package tray shows some water damage and warping. Equipped with factory optional a/c, power steering, front disc brakes, dual sport mirrors, and base AM radio. Wears Rally wheels with original painted pinstripes. Rear valance has a few dents and wrinkles. Excellent original seats show only light discoloring around belts. Light tears in door panels. Presentable carpet with a good original dealer accessory floor mat. Engine bay and undercarriage dingy. Equipped with optional AM/FM/8-track stereo. Stands on 20-inch aftermarket wheels. Cond: 3-. NOT SOLD AT $6,000. The seller might have gotten his reserve if he'd ditched the modern rims. Sell the wheels, pocket the $2k (or, as is more likely, put it back on the credit card), and watch bid- ding increase by at least that much. Mecum Auctions, Kansas City, MO, 12/11. #304-1976 FORD F-100 Ranger XLT pickup. S/N F10HUB55189. Red/tan vinyl & cloth. Odo: 11,260 miles. 351-ci V8, 4-bbl, auto. A mostly-original pickup wearing one re- paint and solid sheet metal with no sign of damage. Well appointed with a/c, power steer- ing and disc brakes, original deluxe interior, sport steel wheels. Later Pioneer AM/FM sound system added, plus recently diamond- plate toolbox from Tractor Supply. Factory jack Road Hugger T/A tires. Cond: 3. NOT SOLD AT $9,000. When the Monte Carlo was re- leased in 1970 it was a personal luxury car for Chevrolet owners. It had classic long hood, short deck styling and was offered with a wide range of power plants. Some of those models are highly sought after, but this plain-Jane model is more of a curiosity, and its hidden condition issues are of major concern. Dan Kruse Classics, San Marcos, TX, 10/11. #T259-1976 CADILLAC ELDORADO convertible. S/N 6L67S6Q232306. Firethorn Red/white vinyl/white leather. Odo: 59,928 miles. 500-ci fuel injected V8, auto. Never completely repainted, but various panels re- sprayed over the years, with a few still wearing original paint. Vinyl pinstriping applied over and tools are stored neatly under the hood. Odometer must be on its second trip around. Cond: 3. NOT SOLD AT $7,000. From an era of pickup that hasn't yet caught on with main- stream collectors. These are sharp-looking trucks. This one was well equipped, and with the short bed, could be parked in most family garages. Seller had done little more prep than run it through a car wash. Also, a rubber mat in the pickup bed was of some concern to a sev- eral people. Nice truck, but the $7,000 bid was a gift; the $9,000 stated reserve was a fantasy. Dan Kruse Classics, San Marcos, TX, 10/11.© Sports Sports Car Market

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ROUNDUP CZECH #166-1935 BOHMERLAND LANG- 1955 Vincent Black Prince 998 cc, sold for $122,500 at Bonhams Deals on Two Wheels Motorcycles Invade Las Vegas in January Report and photos by Somer Hooker Market opinions in italics Auctions America Las Vegas Premier Motorcycle Auction Las Vegas, NV January 12–14, 2012 Auctioneer: Brent Earlywine Motorcycle lots sold/offered: 400/489 Sales rate: 82% Sales total: $4,056,714 High sale: 1910 Flying Merkel V-Twin Belt Drive, $86,800 Buyer's premium: 12% Bonhams The Las Vegas Motorcycle Sale Las Vegas, NV January 12, 2012 Auctioneers: Malcom Barber, Rupert Banner Motorcycle lots sold/offered: 98/136 Sales rate: 72% Sales total: $1,570,107 High sale: 1953 Vincent Black Shadow & 1955 Vincent Black Prince, $122,500 Buyer's premium: 17% up to $100,000; 10% after MidAmerica Auctions The Las Vegas Motorcycle Auction Las Vegas, NV January 12–14, 2012 Auctioneers: Paul Behr, Dan Wall, Dan Schorno, Gary Ordish Motorcycle lots sold/offered: 386/470 Sales rate: 82% Sales total: $4,647,518 High sale: 1915 Iver Johnson Twin at $299,600 Buyer's premium: 7% 144 tires. Toolbox and early Delaware tag also intact. Cond: 4+. NOT SOLD AT $16,965. This had all of the proper early bits that you never find, but it had been subjected to a few too many years of ground fog. Most of these were immediately pressed into service for off-road use back in the day. It would have been a miracle to find one that looked like this in 1955, much less 2012. Strong money, but it may be number. Cond: 2+. SOLD AT $20,865. The very docile motor in these would do 100 mph. You could spend about this amount getting an early BMW restored. This route saves you the aggravation of going through the restoration, plus you get preservation bragging rights. Well bought. MidAmerica, Las Vegas, NV, 01/12. Sports Car Market carry three passengers and was popular for police use. One of these was featured in the Art of the Motorcycle exhibit at the Guggenheim in the 1990s, and I later heard that it changed hands for six figures in a private sale (although that was never confirmed). This was well bought for a museum display. If you rode it down the street, people would probably line up at the bus stop as you approached. MidAmerica, Las Vegas, NV, 01/12. ENGLISH #218-1953 TRIUMPH TR5C motorcycle. S/N 26085. Eng. # TR526085. Silver/black. Odo: 1,760 miles. Another DuPont Collection bike, very complete and original in barn-find condition. Top of tank deteriorating rapidly. Rust coming through paint. Chrome in advanced stage of rusting but not completely brown. Wheels rusting, but original paint in center still good. Exhaust rusting and has been wrapped in the back, probably for heat insulation. Fitted with proper small Lucas headlight and taillight, Smiths gauges, as well as Avon TOUREN long-wheelbase motorcycle. S/N Eng. # 111. Yellow & red/black. Very nice restoration. All plating in good condition. Paint and striping very good. Engine extremely well detailed. Reverse levers typical of pre-war Germany. Large Bosch headlight, optional torpedo tanks in the rear. I doubt they ever looked this good in the 1930s. No odometer or speedo, mileage unknown. Cond: 1-. SOLD AT $58,850. The longest motorcycle built. It would the only one extant. Bonhams, Las Vegas, NV, 01/12. #215-1953 VINCENT BLACK SHADOW motorcycle. S/N RC11818B. Eng. # F10AB1B9918. Black/black. Odo: 3,034 miles. Bike has been wrecked once. The “upper” frame (Vincents don't really have frames, per se) was replaced but included here. Front fender tweaked from accident. Chrome rusting on speedometer bezel and levers. Thin enamel and faded striping on right side of tank. Headlight rim dented. Exhaust pipes rusted and #1 cylinder has a flat spot. Front rim replaced with an enameled one at some point, rear rim rusty. Original seat torn. Original alloy fenders. Enameling on cases very good. Cond: 4. SOLD AT $122,500. There's something about a barnfind Vincent that stirs people's loins, and this sold for a record. Bidding was quick and hard. The bike came with numerous spares, including the numbers-matching frame member. It would be a great example to do a serious detailing on and preserve as-is. U.K. buyer paid a rich price, as you could put another $20,000 in it just going through the motor. Well Bonhams, Las Vegas, NV, 01/12. sold. GERMAN #419-1956 BMW R69 motorcycle. S/N 652236. Eng. # 652236. Black/black. Odo: 2,298 miles. Unbelievable time-warp bike. Paint and pin-striping in near-perfect condition. Correct early speedometer intact. Optional bench seat. Period-correct alloy rims. A few minor scratches on fork. Later green Japanese battery. Correct Metzler tires. Correct early black metal cable straps. Engine and frame number match, but the ID tag has a different

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ROUNDUP ITALIAN #109-1961 MOTOBI SPRITE motorcy- cle. S/N 475268. Eng. # 475268. Red/black. Odo: 3,885 miles. A well done restoration. Paint clear-coated. Fitted with clip-ons, new grips, new Silentium exhaust and nice Giuliari seat with “bum stop.” Only criticism is the possible claim of over-restoration. They never JAPANESE #443-1974 YAMAHA TZ750 motorcycle. S/N 409000255. White. Pretty nice cosmetically. Graphics are vinyl, which is incorrect. Seat is a reproduction. Frame changed to mono-shock, in the style of the Yamaha OW31. With proper tachometer and full fairing. looked this good when they came out of Italy. Cond: 1-. SOLD AT $6,944. Great little bike for Giro-type events. (These were also badgeengineered under the Benelli name.) You couldn't buy and restore for this amount, but on the other hand, there's not a lot of upside. Well bought and sold. Auctions America by RM, Las Vegas, NV, 01/12. #396-1977 DUCATI 900 Super Sport motorcycle. S/N DM860SS086170. Eng. # 086624. Silver & blue/black. Odo: 6,000 miles. Very original example. Fairing, tank seat, and side covers have been repainted. Paint on frame is original, with the usual deterioration around the serial numbers. No turn signals, nor notches for them on the front fairing. Has the correct Borrani wheels. Big Conti mufflers and 40-mm Cond: 2+. SOLD AT $33,600. Probably the wickedest bike ever to be campaigned on any track. These could wheel-stand at 150 mph. The question on these is always the crankshafts, but this looked to be thoroughly gone over. At $33,600 out the door, this unit sold about right, considering it wasn't a real OW31. Auctions America by RM, Las Vegas, NV, 01/12. #376-1985 HONDA VFR1000 motorcy- cle. S/N SC160EFM6019990. Eng. # SC16E2102600. Red, white & blue/red. Odo: 556 miles. Very clean example of a Honda muscle bike. Seat and paint in excellent original condition. Original exhaust is another plus. When these were new, this was about as close to a factory racer as you could get. Instead of a chain driven OHC, Honda utilized a stacked feel the disc brakes dragging. Retains original muffler. Only 200 were built. Cond: 1-. SOLD AT $9,968. I've had two of these in my lifetime. Sold for homologation purposes, they were racers you could put tags on. Aluminum tank, special brakes in front, dry clutch (which cost $2,000 in the day). The fairing looked similar to regular one, but wasn't—just hope you never need spares. I recall one a few years ago that hammered for $11,500 at a sale in MA. This was well bought. Auctions America by RM, Las Vegas, NV, 01/12. AMERICAN #207-1952 INDIAN CHIEF motorcycle. S/N CS61108. Eng. # CS61108. Black/brown. Odo: 9,499 miles. Paint thin on right side of tank towards rear. Grips missing. Chrome remarkably good and original. Original seat rap- carbs round out the desirable package. Cond: 2-. SOLD AT $24,610. Nice Duk. Most of them immediately found their way to a race track and lived a life of pain. Nice ones like this are rare, but two showed up here. I recall one sold last year at Pebble for close to $29k. This was well bought. Bevel Super Sports are always a blue-chip property. MidAmerica, Las Vegas, NV, 01/12. gear setup which increased the rev limit considerably. Cond: 1-. SOLD AT $11,503. It is not too often that clean 16-year old examples like this show up. Fair to both parties today, but the buyer will have the bigger smile in a few years. MidAmerica, Las Vegas, NV, 01/12. #487-1986 SUZUKI GSX-750R Limited Edition motorcycle. S/N JS1GR75A3G2106336. Red, white & blue/blue. Odo: 855 km. Nicely preserved original example, but has suffered some from extended storage. One small chip in paint on top of tank where breather used to be. When rolling it, you can idly deteriorating, but still good for a pattern. Tank decal attacked by gas. Chrome on wheels turning green but not bad. Engine free, but no compression. Missing motor shroud. Retains original Indian tires, plus nice Indian accessory spotlights, crash bars and bags. Tanks have proper vented gas caps. Still has rare dip switch on left floor board. Even still has the block of wood the factory used on top of the battery! Cond: 3-. SOLD AT $36,270. Another DuPont bike that must have had a better spot in the garage. It was another time-warp study in originality, and it would be a shame to restore it. Some consider the 80 Chief with the telescopic forks one of the best bikes of all time. Years ago I saw original ones like it selling for the same price. Nice score today. Bonhams, Las Vegas, NV, 01/12. © 146 Sports Car Market

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WHAT'S YOUR CAR WORTH? FIND OUT AT NOW FREE! The world's largest collector car price guide based on over 500,000 sold transactions from . Updated weekly. www.collectorcarpricetracker.com April 2012 147

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eBay Motors Online Sales Engine-Swapped Mild to wild, custom engines aren't for every buyer T here are as many reasons to replace a car's engine as there are wrench-spinners with the ability to do the job. Maybe your factory block is damaged and a small-block Chevy is the nearest engine at hand. More often than not, the inspiration boils down to moving the car faster down the road — or to at least melt rubber. Our monthly tour of eBay Motors takes a look at some professional, well-done engine swaps — and some nightmares. The bottom line: deviations from stock, especially when it comes to the engine, rarely pay off when it comes time to sell a car. Then again, why miss out on all the crazy fun? 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) by Chad Tyson Market opinions in italics #330677923595-1959 MGA custom coupe. S/N HMA4357016. White/red leather. Odo: 14,770 miles. 20 photos. Eugene, OR. “We have serviced and improved this car for the last three owners, with combined ownership covering over 35 years. The current owner made many upgrades in our shop so he could use the car on vintage rallies. The car is now fitted with 1840cc MGB five main engine, backed by a Moss 5-speed transmission. The front suspen- ration purposes, floors will need redoing, will need new inner rocker panels, trunk floor repair and paint. I kind of like it the way it is, a little rough and ready to chase down and surprise modern cars.” 1 bid. sf 0. Cond: 3. NOT SOLD AT $10,000. There is no doubt the car is faster than any TR3A before it. Certainly louder too, and I don't just mean the headers. That paint is only going to appeal to a certain, small set of people. Might have been best to just send it on. We actually featured this car in last month's Showcase Gallery at an asking price of $15k, so there is little surprise the car didn't sell at this price. sion was upgraded to MGB complete with disc brakes.” New carpet, headliner. Solid body, no damage or rust evident. 29 bids. sf 672. Cond: 2. NOT SOLD AT $20,000. This is the most moderate, and common, engine swap on our journey this month through eBay. This bid is on the lower end for a very nice, non-Twin Cam MGA. The bidders decided that the newfound drivability didn't trump the lack of originality. There was plenty of interest, but no cigar. #330678865805-1960 TRIUMPH TR3A custom roadster. S/N N/A. Silver w/yellow and red flames/red leather. Odo: 99,999 miles. 9 photos. Middle Island, NY. “Tilt-nose conversion, rack and pinion steering, soft top, runs and drives great. All brakes and clutch hydraulics just done. Custom flame paint job done by professional engineer in 1960s. Could use freshening of cosmetics. If purchased for resto- #160731728661-1964 ROLLS-ROYCE SILVER CLOUD III custom 4-dr sedan. S/N N/A. Yellow & purple/tan leather. 12 photos. Fort Lauderdale, FL. “Mr. Purist, please don't read or look further. Believed to be ex-Elton John's. LHD. Beautiful custom paint job and best of all, a reliable, trouble-free, easy to maintain U.S. drivetrain. BBC 454-ci, auto trans, GM rear end and brakes, a/c, the works. I have some documentation pertaining to Elton John's ownership also. Runs and drives great. dows. Aluminum racing seats and door panels. Digital cluster from another Honda 1000RR. Only 50 miles since build on two test runs.” 0 bids. sf 223. NOT SOLD AT $10,499. The seller linked a couple of videos from the test drives and this car looks like a fun handful. I'm not positive the car was built with a specific racing series in mind, just for fun it seems. There are plenty of race-ready small cars available at a lower price point built with a purpose. A decent, stock example of the car should be around $12k and just one bid here would have taken it. No dice. #130640220132-1976 TOYOTA LAND CRUISER FJ-40 utility. S/N FJ40225445. Pure White/gray cloth. Odo: 39,820 miles. 24 photos. Culpeper, VA. “Perfect combination of classic FJ-40 looks with professionally installed Chevy small block 350 V8 w/Edelbrock carb and chrome dress-up kit. 4WD Hi/Lo Toyota Transfer Case and Warn Hubs. No rust on body. 4-inch lift w/Rancho shocks. Likenew Nissan front seats in gray cloth. Rear bed Rhino-lined. Rejected sticker on windshield due to parking brake not holding. Everything #250976439217-1955 FIAT 600 custom coupe. S/N N/A. Satin blue/black vinyl. 24 photos. Lumsden, Saskatchewan, Canada. “Stock 2007 Honda 1000RR engine w/3k miles, 170-hp, 6-spd w/custom linkage, midmounted, dry cell battery, custom 13” Bogart racing wheels. Custom chassis with full roll cage and new bumper. Car tops out at 95 mph right now. No reverse. Solid car, 1200 lbs. Suicide doors, checkered roof, shaved body/ turn signals, rear fender flares and Lexan win- 11 bids. sf 189. Cond: 3. NOT SOLD AT $11,211. Yes, Mr. Purist, pass right on by this one. Anyone with good taste might as well move along too. The obnoxious palette here will only be suitable for the most self-aggrandizing individual. That said, they might want the original powertrain, not one so common as to made by the General. There is a very limited market for this car, perhaps it would be best to let the buyer's decide what it is just to be rid of the albatross. 148 else passed, lights, brakes, horn, etc.” 2 bids. sf 187. Cond: 3. SOLD AT $10,100. Here's another common and easy engine swap. So much heat/air/defrost kits are even available for hybrid setup (not included here). This conversion is complete with tacky stainless socks for the hoses and plastic covers for the clamps. The rest of the conversion appears much more professional. The buyer and seller met on a value that is market correct for a #3 example but this one includes a lot more power. Slightly well bought because of that. © Sports Car Market

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Mystery Photo Answers This is Publisher Martin's first choice to be SCM's P1800. However, he noticed the camber on the front wheel and suspected it had been raced. — Gary Francis, Chico, CA Hazzard,” and the Swedes had many inane car chases in their plots. — David Libby, West Des Moines, IA Who is going to tell the Advertising Department that a P1800 won't support the weight of a truck? — W.A. Scott, South Londonderry, VT A poorly executed Bondo repair to the passenger door led Olaf to suspect that other rust issues lurked deep inside the Volvo. — Alan Lopena, Fair Haven, NJ Engineering issues made RUNNER-UP: During Publisher Martin's quest to find the “perfect” Volvo 1800 to add to the SCM Stable, he hit a few road bumps....including this car he found on Craigslist, which said: “Needs restoration, but all important parts there and will (with help) roll onto a trailer.” — Daryl Pinter, Lake in the Hills, IL They refused me a sticker at the DMV because my headlights were misaligned. Can you adjust them? — Steve Giannangelo, Springfield, IL That'll buff right out... — Jim Benton, Great Neck, NY In this rare spy photo, Gordon Murray tests the first prototype carbon fiber tub to be used in future McLarens. — John David, St. Louis, MO For nearly 3 million miles, the world-record mileage Volvo had been maintained in perfect driving condition. Suddenly and inexplicably, the miles started catching up with it. “I knew I should have named the car something like Sven or Gunnar, instead of Dorian Gray,” lamented the owner. — Peter Perros, Falls Church, VA Vintage Volvo funny car drag 150 racer. Rare. Has not run in several years. Could use paint to be perfect. — Robert S. McKittrick, Westford, MA Damn, I really wanted to make it to 3 million miles. — Steven Slebioda, via email Rare P1800E (featured at MOMA) meets Keith's criteria: • Same long-term owner (since 1979), check! • Always garaged, check! • Close (no tow bill), check! • Reasonably priced ($750), check! • Membership in the RoundFendered Volvo Club, check! After buying, ask yourself “What was I thinking?” — Phil Schroeder, Platte City, MO This “barn find” thing is get- ting a little out of hand. — Brian Flowers, via email After an arduous search to find the best available P1800, Keith decided, for no particular reason, to take the newest car in the SCM Fleet to a destruction derby. — Dan Faustman, Elk Grove, CA Consignor claims there is no rust in the glass. — Phil Scheinberg, Carmel Valley, CA It is not widely known, but Sports Car Market 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@sportscar- market.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. This Month's Mystery Photo Response Deadline: March 25, 2012 Sweden had a TV show called “The Real Dukes of Goteborg.” It was much like the American version of “The Dukes of Volvo's entry into the mid-engined sports car market fall well below company expectations. — Bob Steele, Chicago, IL Gary Francis is the winner of a slightly bent — but rust-free — SCM hat. © Portland Round-Fendered Volvo Club

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Our Cars Chip Lamb 1970 SAAB 96 V4 “Baja” Factory Competition Car I n the spring of 2010, I received a call from a gentleman in northern California who was trying to get information about a car he had owned for the past few decades. His orange SAAB model 96 was largely original apart from an older respray in the original color and nicely accessorized. I was particularly fascinated by a stamp in the warranty book, stating “COMPETITION CAR – NO WARRANTY.” I provided him with my im- pressions on the car to the best of my ability via his photos, a Details Owner: SCM contributor Chip Lamb Purchase date: 6/15/2011 Price: $9,500 Mileage since purchase: 250 Recent work: Major tune-up, fluids change, brake hoses, front caliper rebuilds, all water hoses, etc. rough estimate of its value and best wishes. Still, I couldn't get that car out of my head. Nearly a year later, I expressed an interest in the car and received even more high-resolution photos than I had the first time. We agreed on a price of $9,500, and a friend of Comments With Your Renewals I noticed in the latest 2011 Pocket Guide that the MGC-GT is finally getting the value recognition it deserves — excellent! — Kenneth Brasfield, Middlebrook, VA Good publication! Could use a little more on older cars. Too much on exotic garbage, but anyway, a good publication. — John Kaptur, Loves Park, IL Please add Lancia Betas, Zagatos and Scorpions to the price guide. — Bill Gorelick, Broomfield, CO Give us the poop on the “new” trike (with Harley engine) that the Morgan factory will produce — Richard Boos, Troy, NY I'd like to see a few reviews of Japanese classic cars and auctions. They may not be worth a small fortune today, but they will eventually rise in value. — Dennis Sommer, St. Louis, MO I wish you had the old painted covers. They were great! — Mike Kaelin, Bellport, NY Since you mainly report on older and vintage motorcars, why not go back to old covers like the red Ferrari 250 GT 2+2 in the April 2012 snow? The new “Slick Willies” are just that – too slick. Plus the latest Pagani Zonda — yuk! What did they sell? Six worldwide. Other than that, one of my favorite mags, and I get 12 a month. — John Surotchak, Ardmore, PA Mike and John, I too miss the cover art from automotive artists. Here's why we changed. When we started putting SCM on the newsstands, we realized that potential Bring back painted covers? mine near San Jose took the car to his shop for a go-through prior to my arrival for Monterey week that August. I have since driven the car just that one week out in California. The little orange SAAB received great adulation from owners and admirers of much more exotic machines, particularly during the time it sat on display in front of the SAAB/Spyker Tent at Pebble Beach. There are a few things that need to be attended to, which will make for a nice little project this winter. © readers were expecting the cover subject to be related to one of the articles in the magazine. As it simply wasn't possible to source paintings that matched our feature article each month, we moved to using high-quality photos for the cover. — KM Don't be changing, I love you just the way you are. — Doug Metzker, Portland, OR It's always good to find a Billy Joel fan who also loves collectible cars. — KM The lead-in article on an auction mentions interesting cars that quite often are not included in the synopsis which follows. — Thomas Hoover, Wausau, WI Good point, thanks. — KM I nominate Keith Martin for Secretary of Transportation! — Andrew Holverson, Wauwatosa, WI It's improving, but you are still too mesmerized by the top 1%. The backbone of the hobby sits a little lower! Most likely more honest money too! — T.C. Postama, via email No two vintage cars are ever the same, so drop the “correctness” B.S. They are made to be used and enjoyed. — Doak Bentz, Lodi, CA Doak, correctness is an important component of value, and we can't ignore that part of any market-related analysis. — KM More love to orphans. I hop around Santa Barbara in Red Skelton's unfinished alloy Jowett Jupiter and get more attention than any Ferrari. — Scott Tisdale, Santa Barbara, CA Highlight more American sports cars and high-end, specialinterest cars or exotic cars. Too much on foreign cars. — John Malachowski, Buffalo, NY John, you should check out our new magazine, American Car Collector, as it completely focuses on American cars, including highend cars. — KM Best auto magazine on the stand, worth double the asking price! — Tibor Toth, Flushing, NY Show some restoration projects from start to finish. — Walter Boehringer, Redding, CA And thanks to all of you for your thoughtful comments and your renewals — Keith Martin 151

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SCM Showcase Gallery Sell Your Car Here! Includes SCM website listing. Showcase Gallery Full-Color Photo Ad Just $66/month ($88 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 classifieds@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. English 1935 Bentley 3½ Litre Recent nut and bolt restortation in the car's original color combination. Many photos on website. Contact Kevin- 319.337.4140, email: info@hartek.org. Website: www.hartek.org. (IA) 1960 MGA coupe service receipts. New boot and tires. $158,500. Contact Fantasy- 510.653.7556, email: sales@ fantasyjunction.com. Website: www.fantasyjunction. com. (CA) 1965 Aston Martin DB5 car most of its life. Recent full service and new tires. Excellent condition, value priced. $31,900. Contact The Last- 847.689.8822, Website: www.thelastdetail. com. (IL) 1996 Jaguar Vanden Plas RHD, #959, Ivory interior, 5-spd, trans just redone, full service, excellent running. No issues. U.K. history, now in Austria with duties paid. In Europe contact Franz Wittner at 011436648367050, franz.wittner@carcollection.at Contact Tom908.693.5723, email: tom@millersportscars.com. 1969 Jaguar E-Type convertible Silver/red leather, gray convertible top. Older complete restoration. Upgraded 4.2 engine with triple SU carbs. Drives great. Details and photos website. Contact Craig- 516-885-9356, email: craig@exoticclassics.com. Website: www.tinyurl. com/1969-Jag-XKE. 1974 Jaguar XJ12L Elegant one-off body by Kellner of Paris. Original tools, tea service, and fitted luggage. Payne electric overdrive. $375,000. Contact Fantasy- 510.653.7556, email: sales@fantasyjunction.com. Website: www. fantasyjunction.com. (CA) 1936 Bentley 4¼ Litre Tourer Almond Green/Parliament Green and Quail Gray geather. 6-spd manual, 9500 miles, 19” wheels, heated front seats. Details and photos at website. Contact Steve- 917-951-2069, email: steve@ exoticclassics.com. Website: www.tinyurl.com/2006AM-Vantage. Recent Restoration. Well sorted “B” engine and drivetrain. Center-lock Mini Lite wheels. Ready for show or vintage rallies and driving events. $26,000. Contact Tom- 614.214.0175, email: tpoole3@ columbus.rr.com. 1961 Bentley Continental Flying Spur Near complete 92k mile California car. Ran well when parked 10 years ago. Engine wires gone. $1,200. Contact Jan- 831.688.4034, email: janju10@sbcglobal.net. (CA) 1975 Mini Mk II Original chassis and matching engine with lovely touring body built in the U.K. in the 1950s. A superb car that's a rally/tour veteran. Drives flawlessly, cosmetically gorgeous. Turn key and ready to enjoy. Please call for complete details. Matthew L. deGarmo Ltd. Contact Matthew- 203.852.1670, email: Matt@deGarmoLtd.com. Website: www. deGarmoLtd.com. (CT) 1954 MG TF 1250 Red/Biscuit leather and weather equipment. MG heater, wires, luggage rack. Recent engine rebuild. Runs, looks and drives very well. $26,000. Contact Tom- 612.210.5922, (MN) 1956 Austin-Healey 100M S spec German 1936 Frazer-Nash Emeryson TT replica 68k miles. Looks and drives like new. All books, records and three sets of keys. Contact Bill612.388.3529, 2006 Aston Martin V8 Vantage The best example on the planet. Very rare, two owners, low original mileage. Shell gray, saddle leather. All-original books and tools. Looks and drives as new. Matthew L. deGarmo Ltd. $265,000. Contact Matthew- 203.852.1670, email: Matt@ deGarmoLtd.com. Website: www.deGarmoLtd. com. (CT) 1961 Sunbeam Harrington GT Completely rebuilt inside and out. Rust-free. 1400cc, nitrous, Vizard, balanced, Webers, nitride, Elgin, Omega, LCB, RC40 and much more. Over $65k invested. $26,750. Contact Roger- 503.349.4404, email: hairtwirler@msn.com. 1985 AC Cobra Mk IV Factory M with Heritage Certificate. Ground-up rebuild to 100S specs completed in 2010 by marque specialist. 145hp. 4sp w/od. Stunning. Fully documented with pictures and receipts. $198,000. Contact Ron- 314.968.2971, email: ronvarley@ aol.com. 1958 Austin-Healey 100-6 Silver Blue/blue connolly hide. $150k restoration. Harwell engine. Shown at Pebble Beach, Amelia, Palo Alto. Absolutely superb. Details and photos at website. Contact Craig- 516-885-9356, email: craig@exoticclassics.com. Website: www.tinyurl. com/Sunbeam-Harrington. 1963 Bentley S3 Continental Mulliner Park Ward Red/black. Ford 302/345hp. Aluminum car handbuilt by original craftsmen on original bucks, 2nd owner, original paint, service records, gorgeous. 23k miles. $89,000. Contact Mark- 484.919.3528, email: m_terlecky@yahoo.com. (PA) 1994 Bentley Brooklands Nice solid, straight, rust-free body. This rare Pre-A Speedster is a modified car with 140-hp engine, disc brakes and Fuchs Alloys. Get the best of both worlds: Have a great looking, fast driver WITH long term investment value. Available with spare 356 engine, proper 16” wheels and “A” drum brakes to convert back to stock form in future if so desired. The car is in Austria with all duties paid. In USA, contact Tom Miller, 908-693-5723, tom@millersportscars.com. Contact Franz-, email: franz. wittner@carcollection.at. 1960 Mercedes-Benz 190SL Major renovation by marquee specialist Stanton Motorsports in 1998. 1500 Meadows engine. $189,500. Contact Fantasy- 510.653.7556, email: sales@fantasyjunction.com. Website: www. fantasyjunction.com. (CA) 1955 Porsche 356 Pre-A Speedster BN4 w/4-spd plus overdrive and chrome wires. 152 Beatiful, restored condition. Among the last truly coachbuilt Bentleys. RHD. $7,256 in fresh British Racing Green/dark green leather. 51k original miles. Original sticker price $147k. Florida White/Black. Three owner car w/history, service Sports Car Market

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SCM Showcase Gallery records and manuals. Older refinish on original rust-free body still looks new. Fully sorted out! Just finished a complete service, needs nothing. $78,900. Contact The Last- 847.689.8822, Website: www. thelastdetail.com. (IL) 1961 Volkswagen Double Cab Light Ivory/Palomino interior. 21,522 one-owner miles from new, immaculate condition, original tool roll, and manuals. Two tops and optional jump seat. $24,500. Contact Neal- 612.839.9716, 1986 Porsche 962 2001 Mercedes-Benz SLK320 Bob Wallace upgrades to SV specifications. Rod Drew $30,000 service 1,000 miles ago. Meticulous restoration to exacting standards. $650,000. Contact Peter- 207.590.2558, Rare drop-gate double cab restored to concours condition with performance upgrades for enhanced driveability. Multiple award winner. Magazine feature car. Details and photos at website. Contact Steve- 917-951-2069, email: steve@exoticclassics. com. Website: www.tinyurl.com/1961-VW-DoubleCab. 1963 Porsche 356B Outlaw Chassis #961-122, Dyson Racing history. Original chassis, factory 962 engine. Known period history. Fresh restoration. Shown at Rennsport 2011. Details and photos at website. Contact Craig- 516-885-9356, email: craig@exoticclassics.com. Website: www. tinyurl.com/Porsche-962. 1987 Porsche 928S Grand Prix White/Saddle leather. 49k miles. Metro PCA Preservation Award winner June 2011. Superb example. Details and photos at website. Contact steve- 917-951-2069, email: steve@exoticclassics. com. Website: www.tinyurl.com/1987-Porsche-928. Fantastic driving car with 2.0-liter 914 motor @ 120-hp. Comes with matching-number original engine too. Upgraded seats, but original seats come with car. White, red leather. Super-clean, super-quick. Well-documented. Matthew L deGarmo Ltd. $55,000. Contact Matthew- 203.852.1670, email: Matt@deGarmoLtd.com. Website: www. deGarmoLtd.com. (CT) 1969 Mercedes-Benz 280SE coupe 1988 Porsche 930 Turbo cabriolet Rare triple-black factory slantnose with only 26k miles. Complete history. Porsche Certificate of Authenticity. Franz Blam upgrades. Details and photos at website. Contact steve- 917-951-2069, email: steve@exoticclassics.com. Website: www. tinyurl.com/1988-Slantnose. 1995 BMW M3 Lightweight One of 120 M3 Lightweights, fully documented from new, never modified, damaged or tracked. All three options present. Details and photos at website. Contact Craig- 516-885-9356, email: craig@ exoticclassics.com. Website: www.tinyurl.com/1995BMW-M3. 1995 Porsche 911 cabriolet Grand Prix White/gray leather, navy soft top. 58k miles. Never damaged. Incredibly usable and collectible air-cooled 911. Details and photos at website. Contact Craig- 516-885-9356, email: craig@exoticclassics.com. Website: www.tinyurl. com/1995-Porsche-Wht-Cab. One owner from new until one year ago. Factory special ordered with electric sunroof, 4-speed transmission and special color combination of gray beige with dark green leather. Fully documented service history. All original books and tools, original Becker radio. A superb car that drives as new. Matthew L deGarmo Ltd. $35,000. Contact Matthew203.852.1670, email: Matt@deGarmoLtd.com. Website: www.deGarmoLtd.com. (CT) 1971 Porsche 911T 1997 BMW 840Ci Speed Yellow/black full leather w/matching factory hard top. Only 6k miles. Heavily-optioned. $155k msrp. As-new condition. Details and photos at website. Contact Lenny- 516-428-1435, email: lenny@exoticclassics.com. Website: www.tinyurl. com/2005-Porsche-Turbo. 2008 Porsche GT2 Black/black full leather. Sport Chrono and navigation Very heavily optioned. $206k msrp. 4,346 miles. Remaining factory warranty. Details and photos at website. Contact Lenny- 516-4281435, email: lenny@exoticclassics.com. Website: www.tinyurl.com/2008-Porsche-911GT2. 2009 Porsche Targa 4S Speed Yellow/black full leather. 6-spd. Factory yellow interior trim. 19k miles. Remaining factory warranty. $119k msrp. Details and photos at website. Contact Jeffrey- 516-303-5769, email: jeffrey@exoticclassics.com. Website: www.tinyurl. com/2009-Porsche-Targa-4S. 2010 Porsche GT3 Carrera White/black leather. Sport Chrono and navigation. 10k miles. Remaining factory warranty. As-new condition. Details and photos at website. Contact Jeffrey- 516-303-5769, email: jeffrey@ exoticclassics.com. Website: www.tinyurl.com/2010Porsche-GT3. 2011 Porsche Cayenne Cosmos Black/light gray. 88k miles. Auto/Steptronic. Dealer serviced. N/S. Car is docile, but definitely no slouch. Eye-catching ride. $14,500. Contact Rogeremail: rsfeldusa@aol.com. (PA) 1999 Mercedes-Benz SL500 Silver/black. Full nut-and-bolt restoration on original rust-free body. Upgraded 2.7RS engine w/5-speed, stainless exhaust and heater boxes, factory sunroof and power windows. Recent full service and new tires. Exceptional condition. $79,900. Contact The Last- 847.689.8822, Website: www.thelastdetail.com. (IL) 1979 Mercedes-Benz 450SL Turbo Tiptronic. Dark Blue Metallic/Luxor Beige leather. Fully-loaded, $125k msrp. As-new condition. Remaining factory warranty. Details and photos at website. Contact Lenny- 516-428-1435, email: lenny@exoticclassics.com. Website: www. tinyurl.com/2011-Cayenne-Turbo. Italian 1954 Fiat Stanguellini Berton Berlinetta Stunning and rare Fly Yellow with black leather. 31k miles. ABS. Timing belts done 2010. Includes books and tools. Pristine. Details and photos at website. Contact Craig- 516-885-9356, email: craig@exoticclassics.com. Website: www.tinyurl. com/1989-328GTS. Japanese 1976 Datsun 280Z AMG package. 6-cyl, two-tone heated leather, auto, loaded. Under 64k miles. $8k in maintenance. $15,000. 301.802.0728, (DC) 2005 Porsche 911 Turbo S Authentic factory GTS with same owner since late 1970s, two owners total. Perfect condition in every way. Red, black leather. A few tasteful mods that can easily be brought back to original. $75,000. Contact Matthew- 203.852.1670, email: Matt@ deGarmoLtd.com. Website: www.deGarmoLtd. com. (CT) 1980 Ferrari 308 GTSi Meticulously maintained. Superb from bumper to bumper. Very original, no stories. Ready for your enjoyment. $31,900. Contact Johannes650.571.0406, (CA) 1986 Ferrari GTS Black/tan. Original car. Runs and looks great. Ferrari dealer serviced. New Tubi exhaust, new tires and extensive service records. Original books and both tool sets. Looks new. 41k miles. $39,900. Contact David- 516.946.7771, (NY) 1989 Ferrari 328GTS 1974 DeTomaso Pantera GTS with under 29k miles. Looks and drives as new. Factory Navigation. Details and photos at website. Contact Craig- 516-885-9356, email: craig@ exoticclassics.com. Website: www.tinyurl.com/2000MB-S500. 1969 Lamborghini Miura S Silver/black preservation car with 17,811 miles, 2-owners from new. 4-spd, a/c. Beautiful original condition. Details and photos at website. Contact Jeffrey- 516-303-5769, email: jeffrey@ exoticclassics.com. Website: www.tinyurl.com/ Datsun-280Z. Red over crème. Showroom condition. 33k original miles. Sport w/OD trans. Two tops, climate control, Bose sound w/MB stacker. All records w/CARFAX. Booked 9/10 at $23,010 trade value. $18,800. Contact Larry- 928.668.1110, (AZ) 2000 Mercedes Benz S500 Midnight Blue/tan leather. One-owner until 2011 154 Sports Car Market Striking Scaglione-designed, Bertone-built experimental Fiat with Stanguellini high performance driveline. Shown at Pebble Beach 2010. $295,000. Contact Fantasy- 510.653.7556, email: sales@fantasyjunction.com. Website: www. fantasyjunction.com. (CA)

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THERE'S A NEW KID ON THE BIG BLOCK Introducing a new magazine from the SCM team The expertise that made Sports Car Market the definitive source for assessing collector car values is now focused on the surging market in American vehicles 1 YEAR-6 ISSUES FOR ONLY $29.95! 2-YEAR SUBSCRIPTION $55 3-YEAR SUBSCRIPTION $80 Go to www.AmericanCarCollector.com/subscribe or call 503-261-0555 x 1 H GM H Ford H Mopar H Corvette H Race H Hot Rods H and more in every issue H April 2012 155 SPECIAL INTRODUCTORY RATES FOR SCM SUBSCRIBERS!

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SCM Showcase Gallery Swedish 1973 Volvo 1800ES Rare model. Excellent original condition. Radio, heater, factory wire wheels. Contact Chuck248.821.0752, email: schneider76@yahoo.com. (MI) 1951 Buick Super estate wagon 1970 Chevrolet Corvette 2010 Dodge Viper Only 90 original miles. From private collection of Kansas City Volvo dealer. Professionally cherished and conserved. Unrepeatable opportunity. Details and photos at website. Contact Craig- 516-885-9356, email: craig@exoticclassics.com. Website: www. tinyurl.com/1973-Volvo-1800ES. 1977 Volvo 245DL wagon Cascade White/burgundy interior. 4-spd w/overdrive. Period rally accessories. 42k 1-owner miles. Drives great. True survivor. Details and photos at website. Contact Jeffrey- 516-303-5769, email: jeffrey@ exoticclassics.com. Website: www.tinyurl.com/1977Volvo-245DL. American 1941 Buick Super coupe Have owned for 39 years, excellent original wood. See website for further information. $79,900. Contact Phil- 425.466.8186, Website: www. twenty12holdings.com. (WA) 1956 Chrysler Imperial Southampton Maroon/saddle. 454-ci, 4-spd, a/c. 32,700 miles. Numbers matching, window sticker, warranty folder. NCRS Top Flight. Tilt, power steering, power brakes, AM/FM. $48,000. Contact Tom- email: tomallan185@aol.com. (PA) 1985 Zimmer Golden Spirit Last year, White/Black, Silver Stripes, Protection Pkg., Navigation, Graphite Bezels, 1 of 1, under 50 miles. $95,000. Contact Kevin- 319.337.4140, email: khartwig@harket.org. Website: www. hartek.org. (IA) Race 1957 Alfa Romeo 1300 Giulietta Spider Veloce racer 37 years in the same family. Excellent condition. $34,000. Contact Thierry- email: tedehem@aol. com. 1964 Troutman & Barnes Special Rare. 5.0-liter Ford V8, auto trans, a/c, Ricaro seats, cruise, tilt, chrome wire wheels. A real head turner and fun. Only 23k miles. $25,000. Contact Don402.721.4664, 1999 Chevrolet Corvette C5R Expertly prepared for historic racing at a cost in excess of the asking price. 130 BHP, 5-speed, 5.38 ring and pinion, alloy wheels. Contact Grand Prix858.459.3500, email: info@grandprixclassics.com. Website: www.grandprixclassics.com. (CA) 1965 Chevrolet Corvette Carlsbad Black/tan cloth. Rare factory businessman's coupe with 41k original miles, 248-ci Fireball straight-eight with dual carbs, 3-speed manual. Incredible survivor, original body, drivetrain and interior are exceptional. $39,900. Contact The Last847.689.8822, Website: www.thelastdetail.com. (IL) 1941 Dodge Canopy Express Rare model. Restored by Dodge dealer for showroom display. Excellent condition. Contact Chuck- 248.821.0752, email: schneider76@yahoo. com. (MI) 1947 Chevrolet Fleetmaster Woodie wagon Beautiful fastback in bronze over black. 4-spd, correct 289 V8, cold a/c, Rally Pac, detailed engine compartment and undercarriage. Details and photos at website. Contact steve- 917-951-2069, email: steve@exoticclassics.com. Website: www.tinyurl. com/1965-Mustang-FB. 1966 Shelby GT350 H This is the Scorpion, the last car built in 1964. Call for more information. Contact Jim- 925.963.0570, email: galluccijim@aol.com. (CA) 1965 Ford Mustang Only 20 of these cars built in 1999. Only available to professional race teams and intended for race purposes only. They do not have regular VIN numbers and are not street legal. C5R Racer's Kit #07 GM Part # 12480099. This car was the Grand Am Cup GS1 Planet Earth Motorsports Corvette, owned and driven by Joe Nonnamaker. It was co-driven by Bill Pete and Shane Lewis. $57,500. Contact Jeff- 417.343.4747, Website: www.autoarch. com. 2002 Chevrolet Monte Carlo Dale Earnhardt Signature Edition includes a huge list of options. Car number 3058 w/only 11 miles! Black over black leather. Details and photos at website. Contact Jeffrey- 516-303-5769, email: jeffrey@exoticclassics.com. Website: www.tinyurl. com/2002-Monte-Carlo. 2004 Circle City Chopper The only bike ever sanctioned by the NFL and the Indianapolis Colts. Appeared in every home game the 2004 season. Details and photos at website. Contact Lenny- 516-428-1435, email: lenny@ exoticclassics.com. Website: www.tinyurl.com/ CC-Chopper. 2006 Chrysler 300C SRT8 Superformance S1 roadster One of the last true full Woodies. Recent refurbishment and service an excellent buy. Contact Grand Prix- 858.459.3500, email: info@grandprixclassics.com. Website: www. grandprixclassics.com. (CA) 1949 Dodge Wayfarer 3-window Business coupe One of the best survivors we've ever seen. Two owners from new, low original mileage. Except for respray 25 years ago, completely original. Beautifully maintained. Runs and drives without fault. Matthew L. deGarmo Ltd. $135,000. Contact Matthew- 203.852.1670, email: Matt@ deGarmoLtd.com. Website: www.deGarmoLtd. com. (CT) 1967 Chevrolet Corvette convertible Silver Pearl over Teal Blue w/matching hard top, black convt. 327/300hp, 4-spd, positraction, 60K miles. 5-time NCRS Top Flight, 98.6 points. Details and photos at website. Contact Lenny- 516-4281435, email: lenny@exoticclassics.com. Website: www.tinyurl.com/1967-Corvette. 156 Recent complete bare-shell race prep at a cost over $80,000. 2,000lb weight, 200-hp, 2.0-liter 6-cyl. Lowtime, excellent records, fast, reliable. $49,000. Contact Grand Prix- 858.459.3500, email: info@grandprixclassics.com. Website: www. grandprixclassics.com. (CA) SCCA, B-Production, very well known w/many championships. Log books, only two owners, complete history. 405-hp, 536Nm, engine, trans, brakes and drivetrain new and race ready. $195,000. Contact Peter- email: info@kahlautomobile.de. Website: www.kahl-automobile.com. 1976 Porsche 914/6 6.1-liter Hemi V8. 22k miles. Like new, perfect CARFAX report. Elderly collector owned. Loaded, all options including sunroof, dealer-installed factory hi-po chip, all of the SRT8 upgrades-480hp, Brembo brakes, and custom grille.Drive anywhere or transport arranged. $26,500. Contact Tom253.941.3454, (WA) 41 of 52 factory-built modern interpretations of classic Lotus 7. 1,400 pounds, 200-hp from well sorted Ford Zetec. Comes with numerous spares including spare transmission. 9,800 miles $29,000. Contact Tom- 614.214.0175, email: tpoole3@ columbus.rr.com. © Sports Car Market

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Subscribe Today Sports Car Market has been the For 24 years, Keith Martin's authoritative voice informed, of the collector car hobby. Call 877.219.2605 ext. 1 www.sportscarmarket.com/ offer65 April 2012 157

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Auction Companies Artcurial-Briest-Poulain-Le Fur. 33 (0)1 42 99 2056, 33 (0)1 42 99 1639. 7, Rond-Point des Champs-Elysées, 75008 Paris, France. Email: motorcars@auction.fr. www.artcurial.com/motorcars. (FR) Exoticars USA. 908.996.4889, Wil Auctions America. 877.906.2437, Formed in July 2010 as a subsidiary of RM Auctions, the Auctions America by RM team led by collector car expert Donnie Gould, specializes in American classics, Detroit muscle, hot rods, customs, and vintage motorcycles. Consign With Confidence. www.auctionsamerica.com. (IN) de Groot's Exoticars USA has serviced and restored Ferrari, Maserati and Lamborghini in the NJ, PA, NY region since 1979. We're passionate about keeping your car fast, reliable, beautiful and authentic. Our mechanical, paint/ body, electronic, machining and fabricating work is unsurpassed and award winning. We have specialized equipment and knowledge to service newer and vintage models and everything in between. www.exoticars-usa.com. (NJ) eBay Motors. List your car for sale. $0 insertion fee. $60 listing fee if vehicle sells for under or at $2,000, $125 if it sells for over $2,000. Visit the “Services” section on www.ebaymotors.com for more details. customer service and fast paced twolane auction ring makes them a leader in the business. Leake currently operates auctions in Tulsa, Oklahoma City, Dallas and San Antonio. Visit them online at www.leakecar.com or call 800.722.9942. Oklahoma City – February 17-18, 2012 at Cox Pavilion San Antonio – April 20-21, 2012 at Freeman Coliseum Tulsa – June 8-10, 2012 at QuikTrip Center Dallas – November 16-18, 2012 at Dallas Market Hall 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. www.russoandsteele.com. (AZ) Santiago Collector Car Auctions. 405.475.5079, 501 E. Britton Rd., Oklahoma City, OK 73114. Rocky: rockydb5@sbcglobal.net. (OK) Silver Auctions. 800.255.4485, Mecum Collector Car AuctionBarrett-Jackson Auction. 480.421.6694, 480.421.6697. For nearly four decades, the Barrett-Jackson Auction Company has been recognized throughout the world for offering only the finest selection of quality collector vehicles, outstanding professional service, and an unrivaled sales success. From classic and one-of-a-kind cars to exotics and muscle cars, BarrettJackson attracts only the best. Our auctions have captured the true essence of a passionate obsession with cars that extends to collectors and enthusiasts throughout the world. A television audience of millions watch unique and select vehicles while attendees enjoy a lifestyle experience featuring fine art, fashion and gourmet cuisine. In every way, the legend is unsurpassed. N. Scottsdale Rd, Scottsdale, AZ 85251. info@barrett-jackson.com. www.barrett-jackson.com. (AZ) Bonhams. +, +44.207.585.0830. Montpelier St., Knightsbridge, London, SW7 1HH. www.bonhams.com. (UK) Bonhams & Butterfields. 415.391.4000, 415.391.4040. 220 San Bruno Avenue, San Francisco, CA 94103 www.butterfields.com. (CA) Branson Collector Car Auction. 800.335.3063, 417.336.5616. 1316 W. Hwy. 76, Suite 199, Branson, MO 65616. www.bransonauction.com. (MO) Hollywood Wheels Auctions & Shows 800.237.8954, Hosting two auctions a year in beautiful Palm Beach FL, March & December. Offering quality collector cars and personalized service, all in a climate controlled, state of the art facility. Come be a part of the excitement! Check us out at www.hollywoodcarauctions.com... Where Col- lectors Collect! See You On The Block! eers. 815.568.8888, 815.568.6615. The Mecum Auction Company has been specializing in the sale of collector cars for over 23 years, offering an industryleading 5,000 collector cars per year. Watch Mecum Auctions live on Discovery's HD Theater. Consignment, bidder and event information is available online. 950 Greenlee ST, Marengo, IL 60015 www.mecumauction.com. (IL) Gooding & Company. 310.899.1960, 310.899.0930. Gooding & Company offers its international clientele the rarest, award-winning 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, the recordsetting Scottsdale Auction in January and a world-class auction at the Omni Amelia Island Plantation in Florida in March. www.goodingco.com. (CA) H&H Classic Auctions. +44 8458 334455, +44 8458 334433. The Motor House Lyncastle Road Warrington England. WA4 4BSN www.handh.co.uk. (UK) Palm Springs Auctions Inc. Keith McCormick. 760.320.3290, 760.323.7031. 244 N. Indian Canyon Dr., Palm Springs, CA 92262 www.classic-carauction.com. (CA) The Worldwide Group. 866.273.6394, Established by John Kruse and Rod C. Egan, The Worldwide Group—Auctioneers, Appraisers and Brokers—is one of the world's premier auction houses, specializing in the procurement and sale of the world's finest automobiles and vintage watercraft. www.wwgauctions.com. (IN) Tom Mack Classics. 888.TOM. 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) 158 519.351.1337. With over three decades of experience in the collector car industry, RM's vertically integrated range of services, coupled with an expert team of car specialists and international footprint, provide an unsurpassed level of service to the global collector car market. www.rmauctions.com. (CAN) 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 MotoeXotica Classic Cars & Auc- tions. 866.543.9393, After 24 years of selling classic cars, MotoeXotica has branched out with classic & exotic car auctions. MotoeXotica currently has auctions in St. Louis, Missouri, Springfield, Missouri, and Phoenix, Arizona. Combining some of the industry's lowest entry fees and commissions MotoeXotica is poised to keep expanding while maintaining superior customer service. Contact MotoeXotica today at 866-543-9393 or online at www.motoexotica.com. Worth the trip! Silver Auctions isn't successful because we auction the most expensive cars, we're successful because we auction the cars that you love. Silver Auction's staff, bidders and consignor are everyday people with a passion for Nostalgic and Collector cars. Come see the difference at Silver Auctions. 2020 N. Monroe, Spokane, WA 99205. silver@ silverauctions.com. www.silverauctions.com. (WA) Specialty Auto Auctions and Sales. 800.901.0022, Established by Bruce and Helen Douglas in 1987. Based in Colorado and doing auctions in Colorado, Nevada and South Dakota. This year we will join forces with Hot August Nights and B & T Custom Rods for two sales in Nevada. We will also be working with Automania for sales in South Dakota. For personalized service contact us. www.saaasinc.com. (CO) Russo and Steele Collector AuLeake Auctions. 800.722.9942, Join Leake Auction Company as they celebrate 40 years in the collector car auction industry. Their unsurpassed 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; Centerline Products. 888.750. ALFA, Exclusively Alfa Romeo for over 30 years - rely on our experience to build and maintain your dream Alfa. Restoration, maintenance, and performance parts in stock for Giulietta Sports Car Market

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through 164. Newly developed products introduced regularly. Check our web site for online store, new arrivals, tech tips, and special offers. www.centerlinealfa.com. (CO) Jon Norman's Alfa Parts. 800.890.2532, 510.525.9519. 1221 Fourth Street, Berkley, CA 94710. Large selection of parts from Giulietta to 164. Efficient, personal service. www.alfapartscatalog.com. (CA) Appraisals Vintage Auto Posters. Since 1980, 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. Everett Anton Singer has been supplying international collectors with the most diverse selection of authentic vintage automotive posters. The vast inventory runs from the late 1890s through the 1960s; featuring marque, event and product advertising. Please visit us at: www.VintageAutoPosters.com. Buy/Sell/General 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. Drive in or fly in...you will find us most accommodating. www.hartekautomotive.org (IA) 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) indiGO Classic Cars. 888.255.5546, indiGO Classic Cars buys individual cars and collections specializing in the purchase of Ferraris, Lamborghinis, Maseratis, Porsche and Mercedes. indiGO will pay for shipping, handle paperwork and will gladly pay finder's fees. indiGO has capital and large lines of credit to pay the highest prices. indiGO Classic Cars is an indiGO Auto Group dealership. www.indigoclassiccars.com. (TX) Passport Transport. 800.736.0575, Luxury Brokers International. Specializing in the Purchase, Sales, and Brokerage of Fine Automobiles and Alternative Investments. Adolfo Massari 610.716.2331 or Andrew Mastin 215.459.1606. Email: Sales@lbilimited. com. Web: www.LBILimited.com. Brighton Motorsports. Gooding & Company. 310.899.1960, Gooding & Company's experts are well-qualified to individual automobiles as well as collections and estates. Whether it is the creation of a foundation, living trust or arrangement of a charitable donation, we are able to assist you. www.goodingco.com. (CA) 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) International Auto Appraisers Resource. Use IAAA Appraisers' to perform insurance and legal appraisals and pre-purchase inspections; It is IAAA the largest association that certifies auto appraisers, who follow ethics, participate in ongoing training for IAAA/Uniform Standards for Automotive Appraisal Procedures™. Certifications include Master Automotive Appraiser™ and Automotive Arbitration/ Mediation Umpire™. The apprentice program was used by Mitchell International and other qualified applicants from the automotive industry. Locate IAAA members and get association info. www.autoappraisersassociation.com. Paul Russell and Company. 978.768.6092, www.paulrussell.com. Specializing in the Preservation and Sales of European Classics, pre-war through the 1970s, since 1978. You can rely on our decades of experience with Mercedes-Benz, Ferrari, Porsche, Bugatti, Alfa Romeo and other fine collectibles. Repeat customers are the lifeblood of our business. Contact us today to join them. Car Sales Manager, Alex Finigan: Alex@paulrussell.com. (MA) Since our founding in 1970, we have shipped thousands of treasured vehicles door-to-door with our fully enclosed auto transporters. Whether your prized possession is your daily driver, a vintage race car, a classic, a '60s muscle car, or a modern exotic you can depend on Passport Transport to give you the premium service it deserves. We share your appreciation for fine automobiles and it shows. www.PassportTransport.com. Collector Car Insurance Chubb Collector Car Insurance. 1.866.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 1(866)CAR-9648 or www.chubbcollectorcar.com. Grundy Worldwide. 800.338.4005, Classic Showcase. 760.758.6199, 760.758.0600. sales 760.758.6100.Fullservice restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fit; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase. com. www.classicshowcase.com. (CA) Hartek Automotive, 319.337.4140, West Coast Auto Appraisals. 310.827.8400, Pre purchase, diminished value, total loss settlements, expert witness. Let us be your eyes and ears, friendly and very knowledgeable car experts, muscle cars, street rods, Europeans, full classics, modern day and more. Servicing all of California, nationwide for larger car collections. Member of IAAA and AMA. Check out our website for a full list of services. www.thecarappraiser.com. (CA) April 2012 Hartek Automotive is a division of Hartwig Motors Inc, one of the oldest automotive retailers in the Midwest since 1912. Hartek Automotive specializes in the maintenance and sale of sports and prestige automobiles. Their reputation for service continues with a very personalized approach to maintenance of an individual's daily driver, to the restoration of that special automobile. Hartek Automotive also offers presale or post-sale inspections. Uniquely located in Iowa we are equally accessible for the enthusiast from anywhere. Woodies USA. 949.412.8812, 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 Laguna Niguel, California (new location). www.woodiesusa.com. (CA) The Last Detail. 847.689.8822 North Chicago / Kenilworth, Il., As “Trusted Advisors” for over 35 years we have been assisting enthusiasts make critical decisions before creating costly mistakes. Whether servicing, buying or selling, your one stop destination for all of your automotive needs, Down to....The Last Detail! www.thelastdetail.com. (IL) Grundy Worldwide offers agreed value insurance with no mileage limitations, zero deductible*, and high liability limits. Our coverages are specifically designed for collector car owners. From classic cars to muscle cars, Grundy Worldwide has you covered. www.grundy.com. (PA) Hagerty Insurance Agency, LLC. 800.922.4050, is the leading insurance agency for collector vehicles in the world and host to the largest network of collector car owners. Hagerty offers insurance for collector cars, motorcycles and motorcycle safety equipment, tractors, automotive tools and spare parts, and even “automobilia” (any historic or collectible item linked with motor vehicles). Hagerty also offers overseas shipping/touring insurance coverage, commercial coverage and club liability coverage. For more information, call or visit www.hagerty.com. (MI) 159

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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) vices all exotic cars including Ferraris, Maseratis, Lamborghinis, Bentleys and Aston Martins. Lamborghini Houston offers shipping nationwide. Lamborghini Houston is an indiGO Auto Group dealership. www.lamborghinihouston.com. (TX) Heacock Classic. 800.678.5173, We understand the passion and needs of the classic car owner; agreed value, one liability charge, 24-hour claim service and paying by credit card. We provide classic car insurance at rates people can afford! Instant quotes at www.heacockclassic.com. (FL) Fourintune Garages Inc. 262.375.0876, www.fourintune.com. With over 25 years of experience in complete ground-up restoration on British Marques — specializing in Austin-Healeys for 35 years. Experience you can trust, satisfied customers nationwide. Visit our website for details on our restoration process. Located in historic Cedarburg since 1976 — just minutes north of Milwaukee. (WI) Randy Simon. 310.274.7440, ^ 310.274.9809. I constantly collect and sell all Ferraris, Maseratis, and Lamborghinis. If I don't have what you seek, I can usually find it for you (at low prices). Please call anytime for straight advice on the market. Finder's fee gladly paid. simonrandy@aol.com (CA) Mercedes-Benz Classic Center. 1.866.MB.CLASSIC, The center of competence for classic Mercedes-Benz enthusiasts – for vintage car sales, meticulous restorations by manufacturertrained technicians and the widest selection of Genuine Mercedes-Benz Classic Parts, we are the source. www.mbclassiccenter.com. (CA) Diego. Sales@europeancollectibles. com or visit our website www.europeancollectibles.com. (CA) J.C. Taylor Insurance. 800.345.8290, Antique, classic, muscle or modified — J.C. Taylor Insurance has provided dependable, dynamic, affordable protection for your collector vehicle for over 50 years. Agreed Value Coverage in the continental U.S., and Alaska. Drive Through Time With Peace of Mind with J.C. Taylor Insurance. Get a FREE instant quote online at www.JCTaylor.com. Motor Sport Personal Accident Coverage. 441.297.9439, 441.296.2543. Email, mcooke@evolution.bm. Limits up to $1,000,000 including accident medical and helicopter evacuation. Comp Capital Ltd. can obtain coverage at competive rates including drivers over the age of 65. Either 12-month policy covering a whole season and or for specific events. Please contact Mark Cooke and or Kevin Way. English AC Owner's Club Limited. 503.643.3225, 503.646.4009. US Registrar: Jim Feldman, 11955 SW Faircrest St., Portland, OR 97225-4615. The world's largest organization of AC owners and enthusiasts. AC ownership not required. Monthly magazine. Email: jim@jwfrestoration.com. (OR) Kevin Kay Restorations. 530.241.8337, 1530 Charles Drive, Redding, CA 96003. Aston Martin parts, service, repair, and restoration. From an oil change to a concours-winning restoration, we do it all. Modern upgrades for power steering, window motors, fuel systems, and more. Feltham Fast performance parts in stock. We also cater to all British and European cars and motorcycles. www.kevinkayrestorations.net. (CA) Ferrari/Maserati/Lamborghini RPM Classic Sports Cars. 802.877.2645, With over 25 years of experience in Classic Italian Sports cars, we know how to make your car perform as new. Please visit our website showing numerous cars for sale and a frequently updated BLOG to see what is going on in our busy shop including video links of engines being run on a test stand and on a chassis dynamometer. Our two car enclosed transporter makes getting your car to our shop within the northeast a breeze. www.rpmvt.com. German Porsche of North Houston. 888.588.7634, Porsche of North Houston is a factory authorized Porsche dealership committed to all things Porsche. Porsche of North Houston activates experiential Porsche ownership for customers offering a large selection of new, pre-owned and vintage Porsches. We offer nationwide shipping. Porsche of North Houston is an indiGO Auto Group dealership. www.porscheofnorthhouston.com.(TX) Import/Export Carobu Engineering. 949.722.9307, Ferrari specialist. Engine rebuilding/ development, dyno-testing, parts and service. Your source for high performance brakes, suspension, gaskets, engine parts, wheels and exhaust. Dealer for Tubi, Brembo, Koni, Razzo Rosso, Sangalli, Zanzi, Novitech Rosso and X-Ost. WWW.CAROBU.COM. Cosdel International TransportaClassic Showcase. 760.758.6199, 760.758.0600. sales 760.758.6100. Fullservice restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fit; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase. com www.classicshowcase.com. (CA) FerrariChat.com. The largest onAston Martin of New England. 781.547.5959, 85 Linden Street, Waltham, MA 02452. Proudly appointed Aston Martin Heritage Dealer for the USA. New and pre-owned Aston Martins are our specialty. Please contact us when buying, selling or restoring. www.astonmartin-lotus.com. (MA) line Ferrari community in the world with over 80,000 registered users. 3,000 new posts a day from Ferrari owners, historians, and enthusiasts along with 5 Million in our archives. Over 1,000 ads in our Classifieds www.ferrarichat.com. European Collectibles, Inc. Lamborghini Houston. AUTOSPORT DESIGNS, INC.. 631.425.1555, All Aston Martin models welcome regardless of age, as new inevitably become old! Routine servcingcomplete mechanical restorations/rebuilds — Cosmetic repair/paintwork to 160 888.588.7634, Lamborghini Houston is a factory authorized Lamborghini dealership offering customers new and pre-owned Lamborghinis in addition to one of the largest selections of exotic cars in the United States. With one of the finest service facilities in the world, Lamborghini Houston consistently ser- 949.650.4718, European Collectibles has been buying, consigning, selling and restoring classic European Sports Cars since 1986. We specialize in Porsche (356 and 911) 1950s to early 1970s along with other marks including Mercedes, Aston Martin, Ferrari, MG, Austin Healey & Jaguar with 40 vehicle in stock to chose from. European Collectibles also offers complete mechanical and cosmetic restorations to Concours level along with routine service. Located in Orange County, California between Los Angeles and San 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) tion. 415.777.2000, 415.543.5112. Since 1960 Cosdel International Transportation has been handling international shipments by air, ocean and truck. Honest service, competitive pricing and product expertise have made Cosdel the natural shipping choice for the world's best-known collectors, dealers, and auction houses. If you are moving a car, racing or rallying, or attending a concours event overseas, we are the comprehensive, worldwide resource for all of your international shipping needs. We are your automobile Export Import Experts. www.cosdel.com. (CA) Inspections Sports Car Market

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Italian Hamann Classic Cars. 203.918.8300, with more than 30 years in the industry and world wide clientele in dealing in European race and sports cars, specializes in classic Ferrari of the '50s & '60s. www.ferrari4you.com Literature Via Corsa Car Lover's Guide- books. Travel the world with guidebooks written for car enthusiasts! We cover car museums, factory tours, race tracks, auctions, and major events. Exclusive interviews with Alice Cooper, Hans-Joachim Stuck, Derek Bell, Mario Andretti, and more! Our guidebooks are available at motorbooks.com and amazon.com. Museums LeMay—America's Car Museum, set for a June 2012 opening in Tacoma, WA, explores how the automobile has fulfilled a distinctive role at the core of the American experience and shaped our society. The spacious museum with rotating exhibits is designed to be the centerpiece for automotive history as well as an educational center and library. The campus also contains a 3.5-acre show field, theatre, café, banquet hall and meeting facilities. To become an ACM member, volunteer or make a donation, visit www.lemaymuseum.org. (WA) Parts and Accessories Autobahn Power 877.683.3001 We specialize in complete Performance and Modification Projects for all types of vehicles. Spanning decades we have completed literally hundreds of project cars. Many are used for daily drivers that can aggressively ramp it up for performance venues. Located in the heart of the Midwest, we're easily accessible. If you've got a project in mind, we know you want a trusted source for quality work in performance, efficiency and safe upgrades to your ride. Choose us! Autobahn Power! Visit us at autobahnpower.com. WeatherTech® Automotive Acces- sories. 800.441.8527, MacNeil Automotive Products Limited providing Automotive Accessories for your vehicles for over 20 years. MacNeil has defined high quality vehicle protection with the WeatherTech® line of Automotive Accessories. Choose from All-Weather Floor Mats, Extreme-Duty Floor Liners, Cargo/Trunk Liners, Side Window Deflectors, No-Drill MudFlaps, many different options of License Plate Frames and more. We have products available for virtually every make and model. To see and buy everything, go to www.WeatherTech.com. Restoration — General RPM Classic Sports Cars. 802.877.2645, With over 25 years of experience in Classic Italian Sports Classic Restoration. 303.761.1245, Classic Restoration by Country Club Auto, located in Colorado, is a large facility that offers world-class restoration, repair and fabrication services. Highly organized, fiscally responsible and providing bi-weekly detailed billing, we keep you abreast of the rapid progress of your project in every way. Check out our excellent website for details. Email doug@classicrestodenver.com. www.classicrestodenver.com. (CO) Performance Restoration. 440.968.3655, High-quality paint, body, mechanical service. Discreet installation of a/c, cruise control, superchargers. Stock restorations done to exacting standards. Clean, wellequipped shop. Near I-90 since '96. We finish your projects. supercharged@alltel.net. (OH) MMRsite.com. The on-line infor- mation and entertainment resource for enthusiasts of European cars and motorcycles. Interactive database features include 1,300 selected suppliers of goods and services. Interesting classified ads, book and DVD reviews, blog, forum and MMR store. Subscribe today to receive our MMR Community Newsletter and help us build this site. www. MMRsite.com. The Last Detail. 847.689.8822 North Chicago / Kenilworth, Il., As “Trusted Advisors” for over 35 years we have been assisting enthusiasts make critical decisions before creating costly mistakes. Whether servicing, buying or selling, TLD is your one stop destination providing the highest quality services from basic maintenance to full frame-off restorations. www.thelastdetail.com. (IL) cars, we know how to make your car perform as new. Please visit our website showing numerous cars for sale and a frequently updated BLOG to see what is going on in our busy shop including video links of engines being run on a test stand and on a chassis dynamometer. Our two-car, enclosed transporter makes getting your car to our shop within the northeast a breeze. www.rpmvt.com. Sports and Competition 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) © FOLLOW SCM Griot's Garage. 800.345.5789, The ultimate online store for car care products and automotive accessories. www.griotsgarage.com. (WA) April 2012 161

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Carl Bomstead eWatch $1 Million for a Penny, $5,400 for a License Plate Condition and rarity can make what was once common very valuable Thought Carl's A penny for your thoughts, or how about a $1,000,000 for your penny? A one-cent copper coin minted in the U.S. in 1793 recently brought $1 million at the Florida United Numismatists coin show and annual convention. It was reported that the penny sold for such an astonishing price due to its rarity and excellent condition. It was stated that there was no wear on the lettering, its Lady Liberty face or the wreath on its back. Here are a few items coin collectors won't care much about, but they are not worth a million bucks: eBAY #140683513067— HUBLEY CAST IRON #7 MOTORCYCLE RACER. Number of Bids: 19. SOLD AT: $376.66. Date: 1/23/2012. This little cast-iron Hubley motorcycle was not in the best of condition, with paint loss and a missing rear metal wheel and tire. Hubley started making cast-iron toys in 1909 and is still in the toy business. Hubley Indian motorcycle toys can bring well into five figures, but this one, considering the issues, was all the money. Number of Bids: 43. SOLD AT: $15,000. Date: 1/8/2012. This double-sided porcelain sign was six feet tall and two feet wide. It was in excellent condition with bright luster and only a couple of minor chips at the bottom. Early John Deere signs, in good condition, sell for serious money, and a few years back another example of this sign brought close to $30k, so even at this price, it was well bought. of Bids; 3. SOLD AT: $40.99. Date: 12/26/2011. This little 2¼inch badge had a minor chip, but all in all it was in acceptable condition. It was marked Lorioli of Milano, and that would date it to the 1920s. At the price paid, an attractive badge for very little money. $5,400. Date: 11/20/2011. The Territory of Hawaii first issued standardized license plates in 1922, but the two largest counties, Honolulu and Hawaii, issued their own plates starting in 1915. During the first two years, they were porcelain, and in 1917 they were steel. As such, this is a unique and desirable plate that sold for adult — but realistic — money. eBAY # 140669688113— EARLY GERMAN SILVER CIGAR LIGHTER/CUTTER. Number of Bids: 13. SOLD AT: $363.54. Date: 1/2/2012. This highly detailed combination lighter and cigar cutter dates to around 1915, based on the open touring car featured in relief on the case. It was about six inches long, marked Alpacca/Austria and was in wonderful condition. An interesting early piece at a fair price. eBAY #140672652939— WHITE MOTOR CAR WATCH FOB. Number of Bids: 13. SOLD AT: $128.88. Date: 12/26/2011. The first White steam cars were built in Cleveland, OH, in 1900, and the company began producing gasoline-powered cars in 1910. They produced about 9,100 steam cars and nearly 8,900 that were gasoline-powered. They were always in the upper echelon of motor cars, but White left the business in 1918 to concentrate on commercial vehicles. As such, this is a rare and interesting fob — and a bargain at the price paid. eBAY #220934967751— eBAY #320823820183— JOHN DEERE FARM EQUIPMENT DOUBLESIDED PORCELAIN SIGN. eBAY #150698381016—1917 eBAY #140665931466— FIAT AUTO BADGE. Number HAWAII LICENSE PLATE. Number of Bids: 16. SOLD AT: SUBSCRIPTION INFORMATION Sports Car Market (ISSN #1527859X) is published monthly by Automotive Investor Media Group, 401 NE 19th Street, Suite 100, Portland, OR 97232. Periodicals postage paid at Portland, OR, and at additional mailing offices. Subscription rates are $65 for 12 monthly issues in the US, $95 Canada/Mexico, Europe $105, Asia/Africa/Middle East $115. Subscriptions are payable in advance in US currency. Make checks to: Sports Car Market. Visa/MC accepted. For instant subscription, call 877.219.2605, 503.261.0555; fax 503.253.2234; www.sportscarmarket.com. 162 BOYCE MOTOMETER DIECUT TIN DISPLAY SIGN. Number of Bids: 4. SOLD AT: $345. Date: 1/22/2012. This 20-inch tin Boyce MotoMeter display sign was not in the best of condition, with overall wear and deterioration. It featured the MotoMeter temperature gauge mounted on a radiator cap. While they are not all that common, they do appear from time to time. In good condition they sell for a couple grand, so once again, condition makes all the difference. ♦ POSTMASTER Send address changes to: Sports Car Market PO Box 4797, Portland, OR 97208 CPC IPM Sales Agreement No. 1296205 Sports Car Market