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Sports Car Market PROFILES Keith Martin’s JOIN US The Insider’s Guide to Collecting, Investing, Values, and Trends Subscribe! April 2013 . Volume 25 . Number 4 FERRARI by Steve Ahlgrim 48 What You Need to Know ENGLISH AUCTIONS What Sold, and Why by Donald Osbor 50ne 200 Vehicles Rated at Nine Sales 68 78 1960 Ferrari 250 GT SWB “Competizione” $8,140,000 / RM Auctions A big sale — but not unexpected ETCETERINI by Donald Osborne 52 1936 MG NB Magnette Airline Coupe $186,500 / Bonhams Less than half its 2007 price. What happened? GERMAN by Prescott Kelly 56 96 110 1955 Lancia Aurelia B24 S Spider America $825,000 / RM AMERICAN by Carl Bomstead 58 $803,000 / Gooding Close outcomes for preserved and barn find 1955 Porsche 356 1500 Continental Cab $310,750 / Gooding Pre-A aficionados expected $350,000 RACE by Thor Thorson 60 124 138 142 1955 Hudson Italia $396,000 / Barrett-Jackson A screaming deal for the buyer 8 1953 Allard JR Le Mans Roadster $605,000 / RM Highly collectible, but on a lower plane RM AUCTIONS Phoenix, AZ: When RM scales back their annual Arizona sale, revenues rocket to $36.4m — Carl Bomstead BONHAMS Scottsdale, AZ: At its sophomore Arizona sale, the newcomer doubles its cars and nearly doubles its money at $12.1m — Neil Wood ROUNDUP Highlights from Russo and Steele Scottsdale and Silver Fort McDowell — Robert Malke, B. Mitchell Carlson MOTORCYCLES IN VEGAS Las Vegas, NV: Bonhams sells a 1939 BMW RS 255 Kompressor for $480k, and MidAmerica sells 66 MV Agustas for $899k; in total, nearly 700 bikes bring more than $8.5m — Somer Hooker EBAY MOTORS Diesel-powered collector cars — Chad Tyson Cover photo: Barn-find 1955 Lancia Aurelia B24 S Spider America; Mathieu Heurtault, courtesy of Gooding & Company Sports Car Market BARRETT-JACKSON Scottsdale, AZ: The Arizona powerhouse sells almost 400 more cars than all of the other auctions combined — Dan Grunwald GOODING & COMPANY Scottsdale, AZ: Gooding sells the most expensive car in Arizona Car Week history, a 1958 Ferrari 250 GT LWB California Spyder, for $8.25m — John Lyons

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44 On Being a First-Timer at Barrett-Jackson Scottsdale COLUMNS 12 Shifting Gears Trips to Arizona and Paris show that fresh money continues to flow into the market, and new players view $50,000 as an entry-level price Keith Martin 32 Affordable Classic Market-changing sales — usually upwards — marked Arizona 2013, but are these prices sustainable? Stephen Serio 36 Collecting Thoughts $3.1m RSK sale shows growing respect for Porsche racers Miles Collier 38 Legal Files After several laps, the 917’s engine blew. Piper blamed it on a missed shift. Hales insisted it was a mechanical problem. A big lawsuit was born John Draneas and Martin Emmison 40 Simon Says Scottsdale and Pebble Beach continue to define a market that keeps rising — but for how long? Simon Kidston 62 The Cumberford Perspective Missed opportunities on a 1953 Allard JR Robert Cumberford 154 eWatch These days, one buck can be worth a cool $10m — if you have the right buck. Dino clocks are rising along with the cars Carl Bomstead 10 Sports Car Market DEPARTMENTS 38 25 Years of SCM: A timeline for our Silver Anniversary 14 Auction Calendar 14 Crossing the Block 18 The Inside Line: SCM contributor honored, La Jolla Concours d’Elegance, Copperstate 1000, California Mille, Spring Carlisle, Portland swapmeet 22 Contributors: Get to know our writers 24 You Write: Maintaining a modern Ferrari, Willys Interlagos and buyer beware 26 Display Advertisers Index 28 Time Pieces: A buyer’s market for gold watch cases of the early 1900s 28 Neat Stuff: Slip your digits into premium French leather; the right box for all your important trunk junk 30 In Miniature: 1970 Alfa Romeo Montreal 30 Book Review: No Angel: The Secret Life of Bernie Ecclestone 44 Arizona 2013: Christian Philippsen does “the” Barrett-Jackson 92 Glovebox Notes: 2013 Aston Martin V8 Vantage 120 Fresh Meat: 2013 Rolls-Royce Phantom Series II DHC, 2012 Lamborghini Gallardo LP570-4 Super Trofeo Stradale, 2013 Chevrolet Corvette 427 convertible 144 Mystery Photo: “‘Pimp My Ride’ confronts budgetary issues” 144 Comments with Your Renewal: “Like wine — some things just get better with age” 146 Showcase Gallery: Cars for sale 150 Resource Directory: Meet your car’s needs Courtesy of Barrett-Jackson

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Shifting Gears Keith Martin Cacti and Campari The volcanic eruption of collector-car prices is not limited to one desert, one state, or one continent My biggest gastronomical surprise? The French, the acknowledged grand masters of things vin, served us the gamut, from vin de maison to Premier cru classé, in equally small glasses. Coming from Oregon, where the local Pinot Noir snobs won’t touch any goblet smaller than a Big Gulp, and without the perfectly shaped lip that puts the red stuff onto exactly the right spot on your tongue, I was stunned. I asked a waiter if they had any “big glasses.” He replied, “You must be an American. You are confusing the big taste with the big glass.” SCM’s participation at Rétro has long been the opening night party for subscribers at the Café Le Jambon a la Broche. During the past decade, longtime SCM Etceterini editor Donald Osborne has manned this Bastille and hosted the event. Under his direction, it has grown to be a “must-do” event for SCMers, most of them Americans, and this year was no different. A list of the attendees will appear in our next issue. Sponsored by Donald’s Automotive Evaluation Services and Ed What’s the first clue I’m not in Scottsdale? J ust weeks ago I was toodling through the Arizona desert, sneaking away from the auctions for a quick drive to Sedona in a lovely dark blue Aston Martin V8 Vantage. I was seeking a brief respite from the ceaseless shatter- ing of world records at the auctions being held, where one high sale after another was recorded. And it wasn’t just Gullwings and Ferrari Cal Spyders causing skyrockets — lesser cars, such as Alfa Duettos ($50,600/Gooding) and Fiat 124 Spiders ($48,300/Bonhams), rang the bell as well. Those who sold these cars two years ago at what was then full price plus suddenly felt market-stupid, and those who had held on had become automotive Einsteins. This issue contains a complete report on the Arizona extravaganza, with SCM experts providing a blow-by-blow account and analysis of every auction. Suffice it to say, the overall results of $225m, up $40m from last year’s $185m, offer an indication of what you can expect inside. But the volcanic eruption of collector-car prices is not limited to one desert, one state, or one continent. I reflected on this a few days later when attending Bonhams’ Les Grandes Marques Du Monde au Grand Palais sale as a ratty Espada (un porc peur?) estimated at $21,100–$33,500 sold all-in at $74,774. Mon Dieu, Seigneur! A tired-but-complete one-owner Aston Martin DB4 Series V Vantage cabriolet was estimated at $469,000–$603,000. SCM contributor Steve Serio and his cohort, the irrepressible Peter Brotman, agreed that even at the high end of the estimate it was a reasonable buy. Result? Sold at $1,090,453 service compris. It was no different the next night at Artcurial, where after a 30-minute Can Can recital (yes, really — after all, we were in Paris), the prices were higher than the kicks of the performers. Unloved in the U.S., but in perfect condition, a 1971 Citroën SM coupe estimated at $80,400–$134,000 sold for $170,652. That’s big money, especially for a ride in which the French chassis is always at war with the Italian powerplant. Nice to be back It’s been almost a decade since I’ve attended Rétromobile. So it was with some degree of trepidation that I made the transition from Arizona’s deep-fat-fried turkey drumsticks to entrecôte with frites. 12 Fallon’s Cave Creek Classics, there were more than 100 SCMers in attendance. SCM contributors Ken Gross, Robert Cumberford and Martin Emmison were there, and my daughter and SCM Blogger Alex dutifully recorded and transmitted the goings-on, while my wife, Wendie, made sure everything flowed smoothly. Part of what makes Rétromobile unique is the blend of dealer dis- plays with interesting merchandise on offer, plus a delectable supply of parts, accessories, memorabilia and automotive art. Need a voltage regulator for your Delage? Or some taillight lenses for your Isotta? Chances are you will find them here. Are we just richer? Reflecting on the Bonhams and Artcurial sales, prices were strong across the board. Both companies achieved new high totals, Bonhams at $15.7m, up from its previous Rétromobile record of $14.5m in 2009, and Artcurial at $19.6m, besting last year’s $17.7m high-water mark. Is this upsurge because collectors have suddenly become more af- fluent? I don’t think so. If you attend a club meeting of an affordable sports car such as a Triumph, MG or Fiat, you find the same longtime enthusiasts, making the same kind of money, caring for their single special car. The rising prices don’t mean they have more to spend on their cars; they have always worked on a limited budget, necessitating frugality — which explains much of the do-it-yourself maintenance and “custom” restorations you see. I think what is happening in the market is that new money contin- ues to flow in, and these fresh players view $50,000 as an entry-level price. They have only experienced the collector-car market when it has been rising, and with so many other forms of investment flat, cars seem like part of the 1849 Gold Rush. “We’ve been right for three years, how could this ever change?” I spoke briefly with noted restorer and longtime SCMer Paul Russell about the market, and we both agreed that first, a car is worth what someone pays for it. For instance, since a bidder decided to spend $411,068 for the 1972 Daytona coupe at Artcurial, estimated at $294,800–$348,400, it doesn’t mean that he was a fool. It means that the amount he spent was within his budget, and that he felt the number was reasonable, even if ahead of what the current market might be. In fact, he is now setting the current market. Paul and I also talked about the long dry spell that collectible cars have endured, reaching back to the last real peak in 1989. It may be that after 24 years in the doldrums, the world at large has rediscovered cars as reasonable investments and items to value, and has decided they have simply been too cheap. And maybe they have been. ♦ Sports Car Market

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Crossing the Block Tony Piff 1995 Dodge Viper Hennessey Venom 600 at Mecum Houston Tom Mack—Spring Fling 2013 Where: Concord, NC When: April 4 More: www.tommackclassics.com The 13th Annual Big Thursday Auction gets a new venue for 2013: the Cabarrus County Events Center. Early consignments include a 1966 Chevrolet Corvair Corsa convertible, a 1967 Plymouth Satellite, a 1963 Chevrolet Impala SS 409, a 1936 Ford Deluxe phaeton, a 1962 Willys Jeep, a 1960 Chevrolet Impala convertible, a 1957 Ford Fairlane 500 and a 1932 Ford V8 Deluxe roadster. Barrett-Jackson—Palm Beach 2013 Where: West Palm Beach, FL When: April 4–6 More: www.barrett-jackson.com Last year: 435/437 cars sold / $17.8m Barrett-Jackson once again brings their signature “lifestyle event” to Palm Beach. Among the early star cars are a frameoff restored 1968 Shelby GT500 convertible, equipped with 428, automatic, power steering and power brakes; a 1957 Chevrolet resto-mod pickup with new Ram Jet 350-ci fuel-injected V8 with automatic transmission, a/c, and power steering, windows Auction Calendar Email auction info to: chad.tyson@sportscarmarket.com. MARCH 1–3—G. POTTER KING Atlantic City, NJ 2—BONHAMS Oxford, U.K. 6—BRIGHTWELLS Herefordshire, U.K. 8—GOODING & CO. Amelia Island, FL 9—RM Amelia Island, FL 9—SMITHS Cape Girardeau, MO 10—WEBBS Auckland, NZL 12—COYS London, U.K. 15–17—ELECTRIC GARAGE Red Deer, AB, CAN 16—CLASSIC MOTORCAR Akron, OH 21–24—HOLLYWOOD WHEELS West Palm Beach, FL 14 22–24—AUCTIONS AMERICA BY RM Ft. Lauderdale, FL 23—SPECIALTY AUTO Greeley, CO APRIL 4—TOM MACK CLASSICS Concord, NC 4–6—MECUM Houston, TX 4–6—BARRETTJACKSON Palm Beach, FL 5–6—MECUM Davenport, IA 12–13—BRANSON Branson, MO 12–13—SILVER Portland, OR 12–14—COLLECTOR CAR PRODUCTIONS Toronto, ON, CAN 13—COYS Essen, DEU 1967 Chevrolet Corvette 427/435 convertible at CCP Toronto and disc brakes; a numbersmatching, fully documented 1970 Chevrolet Chevelle SS 396 COPO; a custom 1969 Chevrolet Camaro RCR Series 3; and a custom 1967 Ford Mustang Pit Viper. Mecum—Houston 2013 Where: Houston, TX When: April 4–6 More: www.mecum.com Last year: 527/660 cars sold / $18.2m Mecum consigned more than 600 cars here last year, and you can expect at least that many for Houston 2013. Early lots of note include a 1929 Packard 640 phaeton, a 1995 Dodge Viper Hennessey Venom 600, a 1936 Ford street-rod sedan, a 1970 Ford Mustang Boss 429 fastback and a 1969 Chevrolet Camaro Z11 Pace Car Edition convertible. The Branson Auction Where: Branson, MO When: April 12–13 Last year: 103/192 cars sold / $2.9m More: www.bransonauction.com The twice-annual Branson 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. 13—DAN KRUSE CLASSICS San Antonio, TX 14—BARONS Surrey, U.K. 17—H&H Duxford, U.K. 19–20—VICARI Nocona, TX 19–20—ELECTRIC GARAGE Edmonton, AB, CAN 20—COYS Ascot, U.K. 20—SMITHS Toccoa, GA 25–26—AUCTIONS AMERICA BY RM Carlisle, PA 25–27—MECUM Kansas City, MO 27—CHEFFINS Cambridge, U.K. 27—RM Fort Worth, TX 27–28—CLASSIC MOTORCAR Novi, MI 28—BONHAMS Stafford, U.K. 29—BONHAMS Hendon, U.K. 29—SHANNONS Melbourne, AUS MAY 4—WORLDWIDE Montgomery, TX 4—VANDERBRINK Sioux Falls, SD 4—SPECIALTY AUTO Brighton, CO 6—SHANNONS Sydney, AUS 8—SILVER Spokane, WA 9–11—AUCTIONS AMERICA BY RM Auburn, IN 10–12—ELECTRIC GARAGE Calgary, AB, CAN 11—VANDERBRINK Murdo, SD 14–19—MECUM Indianapolis, IN 15—BRIGHTWELLS Herefordshire, U.K. 18—SILVERSTONE Northamptonshire, U.K. 18—BONHAMS Newport Pagnell, U.K. 18—VANDERBRINK St. Cloud, MN 25—RM Cernobbio, ITA 25—BONHAMS Francorchamps, BEL 25–26—B&T SPECIALTY Las Vegas, NV 31—DRAGONE Westport, CT auction always attracts an eclectic mix of collector cars across a wide spread of prices. Last year, the top six sales were pre-1940, led by a 1939 Delahaye 135M at $205k. Price per car averaged $28k. Silver Auctions Where: Portland, OR When: April 12–13 More: www.silverauction.com Last year: 113/190 cars sold / $1.2m Silver’s twice-annual Portland sale takes place just up the road from SCM World Headquarters, so if you see a friendly face sporting the company logo, don’t hesitate to introduce yourself. The average price at this family-friendly auction is a hair above $10k, with lots of cool drivers to be had at four-digit prices. Collector Car Productions—Classic Car Auction of Toronto Where: Toronto, CAN When: April 12–14 More: www.collectorcarproductions.com Last year: 179/331 cars sold / $3m Collector Car Productions predicts 500 cars along with an impressive selection of automobilia this time around at Canada’s “biggest and best classic-car auction.” The selection is varied, and prices average Sports Car Market

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Crossing the Block Tony Piff The Don Davis Collection — offered by RM at Fort Worth, TX less than $20k. Headliners this time around include a 1957 Pontiac Laurentian convertible, a 1967 Chevrolet Corvette 427/435 convertible, a 1958 Chevrolet Impala Tri-Power convertible and a 1957 Ford Fairlane 500 convertible, all offered without reserve. Also watch for a 1966 Shelby GT350 H and a 1970 Plymouth AAR ’Cuda in factory Panther Pink. H&H—Imperial War Museum Where: Duxford, U.K. When: April 17 More: www.handh.co.uk Last year: 50/83 cars sold / $2.8m This sale always features a healthy assortment of Jags, Rolls, Benzes and Porsches at a range of price points. The average car sells near $50k, but last year a 1970 Aston Martin DB6 Mk II Vantage coupe took highsale honors at $336k, followed by a $215k 1972 BMW “Batmobile” racer. One featured early consignment for this April is a 1913 Rudge Multi motorcycle with sidecar. Vicari—1st Cruise Nocona Auction Where: Nocona, TX When: April 19–20 More: www.vicariauction.com This inaugural event will take place in Nocona, TX, referred to by some as the “classic-car capital of Texas.” The star cars are a 2007 Shelby GT500, a 1954 Buick Skylark convertible, a 1956 Cadillac Coupe DeVille, a 1965 Amphicar, a 1964 Pontiac GTO convertible and a 1953 Oldsmobile 88 convertible. Auctions America by RM—Spring Carlisle Where: Carlisle, PA When: April 25–26 Last year: 136/267 cars sold / $2.5m More: www.auctionsamerica.com This April auction takes place in association with the historic Spring Carlisle swapmeet. More than 300 cars are expected to cross the block, representing every genre from American muscle and classics to luxury European sports cars. The top three lots last year were a 1957 Chevrolet Corvette convertible, sold at $99k; a 1969 Buick GS 400 convertible, at $79k; and a 1969 Shelby GT350, at $77k. Mecum Auctions Where: Kansas City, MO When: April 25–27 More: www.mecum.com Last year: 426/607 cars sold / $9.2m Look for 750 collector cars at Mecum’s long-running Kansas City spring auction. Sales hit $9.2m last year for 426 cars sold, with an average sold price of $22k. American muscle, hot-rods and pickups make up the majority here, with a strong selection of foreign classics offered as well. RM Auctions—The Don Davis Collection Where: Fort Worth, TX When: April 27 Web: www.rmauctions.com This single-day event will 1913 Rudge Multi motorcycle with sidecar at H&H Duxford 16 see more than 50 important automobiles offered without reserve. Featured headliners include a 1967 Toyota 2000GT, a 1967 Ferrari 330 GTS, a pair of 365 GTB/4 Daytonas, a 1973 Porsche 911 Carrera RS, a 1988 Porsche 959, two MercedesBenz 300SL Roadsters and one Gullwing. Significant American lots include a 1966 Chevrolet Corvette “Big Tank” coupe, a 1957 Cadillac Eldorado Brougham and a 1958 Dual-Ghia convertible. Classic Motorcar Auctions—2013 Novi/Metro Detroit Spring Classic Car Auction Where: Novi, MI When: April 27–28 More: www.classicmotorauctions. com CMA anticipates more than 200 antique, classic and special-interest cars at their annual Spring Classic Car Auction. American muscle and classics make up the majority of the consignments. There will also be a strong selection of memorabilia, automobilia and petroliana on offer. Last year, sold prices averaged $17k, while a 1965 Chevrolet Chevelle Z16 replica convertible topped the charts at $73k. Bonhams—The RAF Museum Where: Hendon, U.K. When: April 29 More: www.bonhams.com Last year: 67/82 cars sold / $2.9m Fighter planes hang overhead at this annual sale, held at the Royal Air Force Museum. It’s the kind of sale where MGs, Hillmans, Rovers and Triumphs sell for $10k alongside Jags, Astons, Rolls and Bentleys with six-digit price tags. Price per car averaged $44k last year. ♦ Sports Car Market

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Inside Line Alex Martin-Banzer Send news and event listings to insideline@sportscarmarket.com. Industry News ■ Longtime SCM contributor, vintage-car scholar and collector Miles Collier received the 2012 Bob Akin Award from the Road Racing Drivers Club prior to the running of the 2013 Rolex 24 at Daytona. This award is one of the top honors in the world of amateur and vintage racing. A retired business executive, Collier is the founder of the Revs Institute for Automotive Research in Naples, FL, which includes the Collier Collection. The Collier Collection is the home of more than 100 important historic cars and bicycles from around the world. Collier is a practicing artist and the founding supporter of the Stanford-Revs initiative. “I’m obviously gobsmacked by this,” Collier said. “I would view it as a validation that fooling around with cars and the history of cars and the interrelationship between cars and modernity is not a completely fraudulent activity. And to receive this award in Bob Akin’s name is a very poignant kind of thing. He certainly was the avatar of the ‘car guy-cumbusinessman/philanthropist/good guy,’ and we all aspire to that kind of thing.” Events ■ Portland’s 49th Annual “Always in April” Swap Meet will bring thousands of gearheads, tons of parts and hundreds of cars to the Portland Expo Center on April 4–6. This is the largest auto parts swapmeet west of the Mississippi, and admission is just $7 — and free on Sunday. It features more than 4,200 vendors. With more than 50,000 shoppers attending, there will always be someone who believes your automotive junk is their automotive treasure. www. portlandswapmeet.com. If you still need to kick more tires and fill your garage with parts for projects you’ll probably never get around to, just take a shuttle bus to the Portland International Raceway Swap Meet just a short distance away. 18 The California Mille You’ll find another huge gathering of vendors, gearheads and part hunters on hand from 7 a.m. to 5 p.m. on April 4–6. Admission is $5, and parking is $10. Smart shoppers visit both swapmeets and glean the good stuff. www.portlandraceway.com (OR) ■ It’s time for sun-drenched La Jolla to host a weekend of first-rate automotive events. A cocktail party launches the 9th Annual La Jolla Concours d’Elegance weekend on April 5. This bash will be the must-attend event of the weekend; tickets are limited and are available for $125 each. On April 6, the Concours d’ Elegance Tour will send beautiful cars for a cruise through San Diego’s sights. The highlight of the weekend is the concours on April 7. The gates open at 9 a.m.; one of the featured cars will be Chuck Spielman’s 1930 Duesenberg Murphy convertible sedan, which took Best in Class at Pebble Beach in 2011. Publisher Martin returns as emcee of the concours, and he will be at the other events and on the tour. Tickets are $35 in advance and $40 on the day of the event. www.lajollaconcours.com (CA) ■ Shake off that last bit of winter and exercise your classic car in Arizona for five days on the 23rd Annual Bell Lexus Copperstate 1000 rally. Starting with a Driver’s Dinner on April 6, around 90 cars — model year of 1973 or older — will explore Arizona’s twisty back roads through April 10. Entry fee for two drivers and one car is $5,950. www.mensartscouncil. com/cs (AZ) ■ If you’re on the East Coast, then all roads lead to Carlisle in April. The Spring Carlisle Collector Car Swap Meet & Corral takes place from April 24 to April 28, offering four jam-packed days of buying, selling and trading. With a 2,000-car corral and even more booths, this is the place to start your season of collecting. American Car Collector — SCM’s sister publication — created the event program. Admission is $10 Wednesday through Saturday and $5 on Sunday. You can also purchase an event pass for $30. www. carlisleevents.com/events/springcarlisle (PA) ■ The 23rd Annual Cali- fornia Mille will be a tribute to longtime SCMer and ultimate car guy Martin Swig. This year’s route will feature a selection of Swig’s favorite roads. Swig’s sons, David and Howard Swig, along with Dan Radowicz, organized this year’s event. The celebration begins with the traditional car show in front of San Francisco’s Fairmont Hotel atop Nob Hill on April 28. The Mille officially begins Spring Carlisle the following morning, when the field of 1957-and-earlier cars heads north. For the next four days, these cars will purr (and snarl) along a variety of coastal and inland routes, with one overnight stop in Redding and two overnights at Calistoga’s Solage Resort. Entry fee is $6,000 for one car and two people. www.californiamille. com (CA) ♦ Sports Car Market

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Sports Car Market EDITORIAL 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 221 Auctions Editor and Photographer Tony Piff tony.piff@sportscarmarket.com; 503.261.0555 x 206 Associate Editor Chad Tyson chad.tyson@sportscarmarket.com; 503.261.0555 x 207 Copy Editors Yael Abel, David Tomaro Senior Auction Analysts B. Mitchell Carlson, Carl Bomstead, Paul Hardiman (Europe) Auction Analysts John Clucas (Australia), Daniel Grunwald, Jérôme Hardy (Europe), Norm Mort (Canada), Dale Novak, Phil Skinner, John Lyons Contributing Editors Steve Ahlgrim (Ferrari), Gary Anderson (English), Colin Comer (Muscle Cars), Robert Cumberford (Design), John Draneas (Legal), Prescott Kelly (Porsche), Donald Osborne (Etceterini), Dennis Simanaitis (Technical), Thor Thorson (Race Cars) Contributors John Apen, Diane Brandon, Marshall Buck, Miles Collier, Martin Emmison, Jay Harden, Paul Hardiman, Alex Hofberg, Simon Kidston, Ed Milich, Stephen Serio, John L. Stein 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 © 2013 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 DIGITAL AND BUSINESS Lead Web Developer Marc Emerson marc.emerson@sportscarmarket.com; 503.261.0555 x 212 Information Technology / Internet Brian Baker brian.baker@sportscarmarket.com; 503.261.0555 x 215 SEO Consultant Michael Cottam me@michaelcottam.com; 503.283.0177 Financial Manager Cheryl Ann Francisco cheryl.francisco@sportscarmarket.com; 503.261.0555 x 205 Strategic Planner Bill Woodard Print / Promotions Manager Wendie Martin wmartin@enthusiastmediagroup.com; 206.427.1652 Intern and Blogger Alex Martin-Banzer Executive Producer, SCM Television Roger Williams roger_williams@earthlink.net ADVERTISING Display Advertising Account Executives Randy Zussman randy.zussman@sportscarmarket.com; 877.219.2605 x 214 Cindy Meitle cindy.meitle@sportscarmarket.com; 877.219.2605 x 213 Steve Kittrell steve.kittrell@sportscarmarket.com; 877.219.2605 x 211 Advertising & Events Coordinator Erin Olson erin.olson@sportscarmarket.com; 877.219.2605 x 218 Classified Advertising classifieds@sportscarmarket.com SUBSCRIPTIONS Subscriptions Manager Rich Coparanis rich.coparanis@sportscarmarket.com; 503.261.0555 x 217 Administrative Assistant Cassie Sellman cassie.sellman@sportscarmarket.com; 503.261.0555 x 219 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 a.m. to 5 p.m. PST @scmhelp www.sportscarmarket.com SCM Contributors CHRISTIAN PHILIPPSEN, SCM Contributor, is Louis Vuitton’s ambassador to the automobile community, and he chairs the Louis Vuitton Classic Awards judges panel. He is also a consultant with various companies, mainly in the field of automotive design and events organization. His list of clients includes Christie’s, Pininfarina, Michelin, Renault and many more. He is regularly invited to judge at concours including Cavallino Classic, Amelia Island and Pebble Beach. While he has been a good friend of SCM and publisher Martin since the birth of the Alfa Romeo Market Letter, Christian’s first editorial contribution, describing his visit to the Scottsdale auctions, appears on p. 44. Christian lives in Monaco. 22 STEPHEN SERIO, SCM Contributor, is the president and owner of Aston Martin of New England / Lotus Motorsports Inc. in Waltham, MA, although for the most part, vintage European cars are where his heart is. Serio blames his dad for this, because he brought home so many Matchbox and Corgi cars. His need to over-indulge in vintage European cars of the 1950s and 1960s inevitably leads to coveting one more car. Recent garage inhabitants include a Porsche 356A Speedster and 356A European coupe, Ferrari 275 GTS and 246 GT, BMW 2002 and a Hudson Hornet. Turn to this month’s special Not-So-Affordable Classics on p. 32 to find his picks for the most startling and market-moving sales in Arizona. DONALD OSBORNE, SCM Contributing Editor, lives for old cars, especially those of the odd European variety. He regu- larly attends major automotive events around the world, and has been a longtime contributing editor and auction analyst for SCM. His writing on classic cars has also appeared in the New York Times, Hagerty’s Magazine, Art & Antiques, BusinessWeek Online and Road & Track. He appraises and consults on collector vehicles internationally through his company Automotive Valuation Services, and recently relocated to California. On p. 52, he takes on the formidable task of comparing the two big Lancia Aurelia B24 S Spider America sales at Arizona.

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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 Maintaining that beautiful beast To the Editor: In the March 2013 issue of Sports Car Market article on the 2004 Ferrari 360 (p. 40), Steve Ahlgrim wrote: “Finally, with the F430, Ferrari switched from timing belts to timing chains, and maintenance is now limited to little more than fluid changes.” Does the F430 have bushings in the suspension or is it necessary to replace the suspension units? A serious consideration for those who choose to drive rather than just collect is the maintenance cost of Ferraris. Your specific observation leads me to ask what you consider the maintenance considerations of the F430 might be in relation to past Ferrari practices. You obviously have knowl- edge not common in this market, and your writing reflects this, and is appreciated. Thank you! — John D. Kirkman, Goleta, CA Steve Ahlgrim responds: John, that is a great question. While I limited my comments to scheduled service cost, repair and maintenance are equally important in figuring the cost of ownership. This is a large topic, so I’m limiting my comments to V8 models, but the 12-cylinder cars generally follow the same scenario. As I noted, Ferrari has made a serious effort to reduce the scheduled service cost of their cars. This was first noticeable in the 355, where they introduced hydraulic lifters, eliminating valve adjustments. The 360 saw the addition of an access panel in the bulkhead, which eliminated the need to remove the engine to change timing belts. Finally, with the 430 they replaced timing belts with a timing chain, which eliminated the costly replacement of timing belts altogether. Additionally, synthetic oil and high-tech ignition components increased the interval between scheduled services and reduced the cost of the services. There’s proof that the effort is working. One Ferrari dealer publishes their major service 24 For the most part, the newer V8 Ferraris are pretty trouble-free. If you really like driving, the experience will be worth the cost prices. The costs go from $4,400 for a 355 major service down to $1,500 on a 360 and down to $1,000 on a 430. 458s run about the same as a 430. Ferrari’s new five-year, free scheduled service program is additional proof. The program gives purchasers of new Ferraris five years of scheduled maintenance for free. Ferrari can do this because about the only thing needed at scheduled service is a relatively inexpensive fluid change. You’ll still get the “while the car’s here” phone call, but the newer the car, the less your bill should be. Free scheduled service is not the same as a warranty. Anything that breaks and routine service items, such as tires, clutch, brakes and shocks, are not covered. In general, each new model will have improvements in these areas, and usually that means more expensive components — and quite likely more labor time to service them. It most likely will cost more to replace 458 shocks than 355 shocks, but that’s a performance trade-off most owners expect. Fortunately, quality control is better in the new cars, and except for tire wear, nonscheduled maintenance cost is under control. The suspension issue that you address is a sticky wicket. Starting with the 360, Ferrari replaced ball joints with heim joints. The heim joints improve performance, but they are more fragile than ball joints and can fail. Heim joints are relatively inexpensive. The issue is that Ferrari in the United States does not sell the joint as an individual piece. They only sell the complete A-arm assembly. If you go to a Ferrari dealer for this repair, they have to install a complete upper and lower assembly to the tune of $3,500plus. I believe their position is set due to product liability concerns rather than profit motivation. If you spend a little time on the Internet, you’ll find independent Ferrari shops, such as Brian Crall Company in San Ramon, CA, that have another solution. Brian can source the correct heim joint and replaces the worn joint instead of the assembly. Brian and shops like his also have worked out lessexpensive solutions to problems like sticky clutch disease, 355 F1 pump failures and 355 Spider seat-track issues. The dealers I’ve talked to don’t find the heim joint problem to be a big issue. They’ve replaced a few, but as a percentage of the total cars out there, the number is pretty small. It’s a hot topic because parts houses have been able to buy the joint part in Europe. When they advertise the joint, it creates a buzz that amplifies the actual problem. As a used-car dealer, I have to deal with the same issues that you do. You’re on the right track by doing your homework. There’s always a chance you’ll get a lemon, but for the most part, the newer V8 Ferraris are pretty trouble-free. If you really like driving, the experience will be worth the cost. The wild world of Willys Interlagos To the Editor: What a kick seeing our 1966 Willys Interlagos on page 34 of the December issue! All that was missing was referring to us owners as “longtime dedicated SCMers Patricia and Rexford Parker” — as opposed to the more casual and decidedly less descriptive “Rex Parker.” Sure wish we’d had the chance to chat with Mike Daly prior to his submitting the article for publication. He would have discovered there were 822 Interlagos in three body Sports Car Market

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You Write We Read Ad Index Alan Taylor Company, Inc ......... 133, 135, 137 Aston Martin of New England ................... 133 Auctions America ......................................... 17 Automobilia Monterey ............................... 149 Autosport Designs Inc ................................ 131 B & T Specialty Classic Car Auctions ......... 95 Barrett-Jackson ...........................................4-5 Bennett Law Office .................................... 108 Beverly Hills Car Club ............................... 115 Black Horse Garage ................................... 125 Bonhams / SF ............................................... 23 Branson Collector Car Auction .................... 25 Canepa ........................................................ 129 Carlisle Events ........................................... 113 Carrera Motors ........................................... 123 Carriage House Motor Cars ......................... 21 Chequered Flag International ..................... 119 Chubb Personal Insurance ............................ 79 Classic International Auto Museum ........... 122 Classic Investments .................................... 148 Classic Motorcar Auctions ........................... 91 Classic Restoration ..................................... 101 Classic Showcase ......................................... 99 CMC Classic Model Cars .......................... 143 Collector Car Price Tracker ....................... 146 Copley Motorcars ......................................... 76 Cosdel .......................................................... 85 Daniel J. Rapley LLC ................................ 112 Dealer Accelerate ......................................... 43 deGarmo Ltd., Classic Motorcars .............. 143 Driversource Houston LLC ........................ 131 Driversource Houston LLC ........................ 117 European Collectibles ................................ 135 Exotic Classics ........................................... 149 Fantasy Junction ......................................... 127 Ferrari Financial Services .......................... 136 Fourintune Garage Inc ................................. 92 Going To The Sun Rally ................................ 6 Gooding & Company ..................................... 2 Greenwich Concours D’Elegance ................ 75 Greystone Mansion Concours d’Elegance ..111 Grundy Worldwide ....................................... 33 GTC .............................................................. 45 Gullwing Motor Cars, Inc. ......................... 141 Hahn and Woodward .................................... 53 Hamann Classic Cars ................................... 89 Heacock Classic .......................................... 21 Heritage Classics .......................................... 71 Hollywood Wheels Inc............................64-65 Hyman, LTD .............................................. 107 Intercity Lines .............................................. 35 JC Taylor .................................................... 109 Jeff Brynan ................................................. 149 JJ Best Banc & Co ..................................... 147 Kastner & Partners Garage ........................ 115 Keels and Wheels Concours ........................ 20 Kidston ........................................................... 9 L.A. Prep ...................................................... 97 La Jolla Concours D’ Elegance .................. 105 Louisville Concours d’Elegance .................. 40 Luxury Brokers International ..................... 123 Mac Neil Automotive Products Ltd ............. 83 Maserati North America ............................. 148 Mercedes Classic Center ............................ 127 Mershon’s World Of Cars .......................... 123 Miller’s Mercedes Parts, Inc ........................ 76 Motor Classic & Competition Corp. .......... 149 Motorcar Gallery ........................................ 129 Paramount Kia ............................................. 87 Park Place LTD ............................................ 69 Passport Transport ........................................ 35 Paul Russell And Company ......................... 33 Premier Financial Services ........................ 147 Putnam Leasing ............................................ 11 Quail Lodge Resort & Golf Club ................. 19 QuickSilver Exhausts Ltd. ........................... 29 RB Collection ............................................. 121 Reliable Carriers .......................................... 67 RM Auctions .......................................... 13, 15 Road Ready Certified ................................... 94 Road Scholars .............................................. 73 Ron Tonkin Gran Turismo ......................... 137 RPM Auto Books ....................................... 149 Russo & Steele LLC .................................... 39 Silver Collector Car Auctions ...................... 43 SLR Restorations ......................................... 81 Specialty Auto Auctions, Inc ...................... 148 Sports & Specialist Cars ............................ 119 Sports Car Market ........................................ 93 Steve Austin’s Great Vacations .................. 121 Symbolic Motor Car Co ................................. 3 T. Rutlands ................................................... 63 The Driven Man ......................................... 145 The Finish Line ............................................ 29 The Stable, Ltd. ............................................ 77 Vicari Auctions ........................................... 103 Vintage Rallies ........................................... 136 VintageAutoPosters.com ............................ 143 Worldwide Group ........................................... 7 Zymol Florida ............................................ 145 26 You Write We Read styles — Berlinetta, cabriolet and coupe — produced from 1961 to 1966 under Renault license by Willys Overland do Brasil. Or maybe there were 744 — or maybe some other number. Record-keeping that would do the Italians proud! Regardless, rumor has it some 200 Interlagos survive worldwide, which makes them somewhat less the daunting trivia question than, say, LeaFrancis Lynx or, worse yet, Denbeigh Super Chauvinist. The number currently here in the States is elusive, since with body plate and badging removed, Interlagos can be readily confused with Frenchmade Alpine A108s or selected Mexican-made Dinalpins. We’ve physically seen, touched and sat in two. Beyond these, production Job One, a ’62 cabriolet, seems to have been imported for display at the Seattle World’s Fair (anyone else vaguely recall having seen it there?) and to have remained in country. It may — or may not — be in Long Beach, CA. Then there’s a blue one reportedly given to the president of Mexico that somehow later ended up in California. Another of indeterminate color is said to be stored in dismantled state in the back of a container in Oakland, CA. And there are pictures out there of a derelict one left outside in central Oregon. Or is that Connecticut? Or is it even an Interlagos? Finally, there’s a ’65 yellow Berlinetta imported new to Colorado that later lived for at least seven years in Florida — then was sold on to California. Its whereabouts are unknown, although there are persistent rumors one or more Brazilian cars have at some point left the U.S. for new owners in Europe or Mexico. In Mexico, incidentally, there is a sizable and enthusiastic following for everything Alpine — A108s, A110s, locally produced Dinalpins, and more recently, Interlagos. To the extent SCMers are interested in seeing more of these tiny and curiously captivating cars, there’s no specific need to go to France (though Rétromobile is always tempting). The best selection we know of appears every April at the Rumor has it some 200 Interlagos survive worldwide, which makes them somewhat less the daunting trivia question than, say, Lea-Francis Lynx or, worse yet, Denbeigh Super Chauvinist Gran Concurso Internacional de Elegancia Mexico in Huixquilucan, Estado de Mexico. Dozens of cars, most beautifully maintained and enthusiastically supported by the Club Alpine A.C. de Mexico. A trip well worth taking! — Enthusiastic SCMers Patricia and Rexford Parker, Huntington Beach, CA, and Belo Horizonte, Minas Gerais, Brazil Escrow checks To the Editor: As a longtime subscriber and collector (five vintage cars and always on the prowl for more) who has purchased two cars off of eBay, I would like to add a comment to John Draneas’ column in the February issue of SCM (Legal Files, p. 32). In the column, John dis- cusses the use of an escrow as a way to “protect the money” to ensure the return of a deposit or purchase price as an alternative to having to sue the seller for its return. I have practiced real estate law for over 40 years, and I am quite familiar with how escrows work. What John failed to mention was that an escrow holder will refuse to release escrowed funds if the seller delivers a contrary demand to the escrow holder. In other words, even if the buyer has a very tightly drafted escrow agreement, if the buyer and the seller both deliver demands to the escrow holder to release funds to them, the escrow holder will refuse to do anything until one of the parties comes up with a court order requiring the release of the money to the party the court has determined is the rightful party. So, you still have to engage legal counsel to sue the seller and “inter plead” the title company. However, the escrow still serves a useful purpose by preserving the funds until the matter is litigated. Thus, one need not worry about the solvency of the seller. Also, without an escrow, you not only have to sue the seller and get a judgment, but you have to collect on it as well, which can be difficult if you are dealing with an unethical seller. As they used to say in ancient Rome, caveat emptor. — Tony Theophilos, via email Errata On page 14 of the March issue — as well as page 20 in the 2013 Guide to the Spring Auctions — we reported the Auctions America by RM Fort Lauderdale totals as 131/267 cars sold for $2.5m. The results were 388/568 cars sold for $16.9m. Average price per car was $44k, and the high sale was a 1933 Chrysler CL Phaeton, sold at $341k. 2013 will be the 11th annual Fort Lauderdale sale. ♦ Sports Car Market

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Time Pieces by Alex Hofberg Bargains Await in Vintage Gold Watch Cases The California gold rush of 1849 and the Yukon Territory gold rush of 1897 brought tens of thousands of miners, opportunists and entrepreneurs to the West — and millions of ounces of gold streamed to the East Coast. Some of the output of the California and Alaska gold rushes stayed in the hands of families and individuals who risked their lives and their health to gather it, but much wound up in the hands of the burgeoning world banking empires and the moguls who owned them. The federal government bought some of the gold to create the federal gold reserve and to mint into coins. And much gold went to jewelry, tableware and other luxury goods. At the same time that techniques were being developed to speedily and efficiently mine precious ore from the ground, other tycoons, inventors, engineers and artisans were engaged in work that can be generally described as the industrial revolution which, in some ways, was the process of turning hand crafts into a repeatable mechanized processes. One of the byproducts of the inflow of gold and silver readily available in the marketplace — combined with the recently developed industrial techniques incorporating the arts of engraving, tool and die making, minting and metal milling — was a market for timepieces. These watches were created to satisfy the demand for luxury goods — and the ever-growing need for timepieces, as more workers followed time schedules instead of the sunrise and sunset. Also, as watch movement manufacture slowly evolved from a true hand craft to modern mechanized production with standardized parts, the overall cost of reliable, accurate watch movements fell, making them more accessible to the public. From this “Golden Era” of American watch production came some of the most beautiful and elaborate watch cases ever made. Interestingly, the well-known watch manufacturers of the day did not typically make the cases for their output. In fact, most of the production until roughly 1920 left the factories in standardized movement sizes, which were then married to watch cases the customer selected at the jeweler’s shop. Much of this happened through mail-order catalogs and wholesale jobbers who represented the case-making factories. For example, a customer who worked for the railroad had to buy a more-expensive, higher-jeweled movement to satisfy job requirements. That customer may have chosen a simpler, less-expensive Neat Stuff by Tony Pif Fits Like a… Driving gloves enh feedback from the roa hand strain during lon you’ll appreciate the i when it’s time for agg and shifting. T cessory for an leathermaker C line of retro-in that are perha beautiful — a — in the worl “stringbacks” f a woven cotto for maximum v tilation and a w cutout for tim visibility. They Publisher Mar glove of choic ing and rallies in France. $23 www.chapal-u 28 case to house that movement, while a “dandy,” banker or gambler may have spent more on an elaborate gold case — one festooned with fanciful hinges, engraved scenery and diamond adornments. The 14k gold hunter watch case pictured is an example of the elaborate work coming out of the Solidarity watch-case factory of Brooklyn, New York, during the early 20th century. The case displays many elaborate characteristics. The motif includes high-relief detail that gives the sur- face a great level of three dimensions. To further that goal of adding depth, the case uses multiple alloys of gold to differentiate the leaves and the diamond-set star in the central medallion. You can see some white gold and some rose and some green over the yellow gold body. Further, the pie-crust edges and interwoven banding that surround the center make this watch extremely unusual and possibly a little over the top. With the present price of gold over $1,600 per ounce, one would think an object such as this would be rather expensive, but in some ways, the opposite is true. As there are relatively few pocket-watch collectors, a buyers’ market exists. Dealers and individuals are faced with the difficult question of how to justify keeping these objects (especially the worn or less-desirable examples) and are turning to the refiners to be the ultimate consumer. In other words, with gold prices high, Details Production Date: 1908 lesser examples are being melted down — and extraordinary examples are selling cheaply. This particular watch may trade fairly for roughly $4,000, and considering its condition, weight and relative scarcity, it seems a tremendous bargain. Best Place to Wear One: Wearing Victorian garb, complete with vest and elaborate watch chain, while driving your 1908 Oldsmobile Model X Ratings ( Rarity: Durability: Parts/Service Availability: Cool Factor: Off the chart is best): The Uncluttered Trunk Griot’s “Junk-In-The-Trunk” organizer is a great way to consolidate and keep handy all those less-romantic items that tend to just accumulate in the deeper recesses of your car, such as jumper cables, motor oil, bungee cords, detailing supplies and that spare pair of tennis shoes. It’s designed specifically for smaller trunks on sedans and coupes, with bomb-proof construction and ged handles for easy carrying. There are two levels of storage, d Velcro dividers mean the compartments are adjustable. $39.99 m www.griotsgarage.com © Sports Car Market

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In Miniature by Marshall Buck 1970 Alfa Romeo Montreal Since the very day in 1967 when the original concept car was unveiling in Montreal, Canada, Alfa Romeo Montreal has always had a certain presence. It is pretty much a show that actually made it car into production, although it had a fairly short run, with only 3,925 produced. With avant-garde styling from Marcello Gandini at Bertone, it is a car which cannot be mistaken for anything else. Add some more Italian pixie dust in the form of the race-bred V8, and the Montreal is a cool car. Although it only has a Grade C, three-star appreciation rating with SCM, every time I see one I am captivated, and consider dipping into my savings. Since its inception, this auto has proved to be a popular subject for numerous toy and model makers. Combined, there have been many thousands produced in 1:24 and 1:43 scale, most being in the latter. AutoArt’s new model perfectly captures and replicates Gandini’s design in miniature form — 1:18 scale, to be precise. This is, without a doubt, Model Details Production date: 2009–10 Quantities: An estimated 5,000-plus of each color SCM Five-Star Rating: Overall Quality: Authenticity: Overall Value: Web: www.autoartmodels.com the best model of a Montreal yet produced in any scale. Considering AutoArt’s many faux pas with other models they’ve made, I am more than pleasantly surprised with the quality of this model. Having produced a number of vintage Alfa Romeo models, AutoArt is no stranger to this marque, and dare I say that the Alfisti are apparently alive and well in this company. The high-gloss, restoration-red paint is excellent, with almost no orange peel. Other color choices for this Speaking Volumes by Mark Wigginton No Angel: The Secret Life of Bernie Ecclestone By Tom Bower, Faber and Faber, 434 pages, $19.95, Amazon It’s the start of a new Formula One season, and (as I’m writing this) the Great Oz, the man behind the F1 curtain, Bernie Ecclestone, has some serious challenges ahead of him. First, the Concorde Agreement isn’t signed — and this is the agreement that keeps the teams on the hook to show up. It’s what keeps the league together — that and a big helping of greed and some interest in the racing. Then there is a little matter of a trial about a $43 million bribe that Bernie allegedly paid to a banker to help close a huge equity deal — a small price for increasing his wealth by another billion or so. His teams — despite plenty of television cash — are short of sponsors, some teams won’t be around to start the season and many of the rest are living on drivers who buy their rides, bringing their own sponsorship in exchange for a seat on the grid. It’s all just business as usual if you believe the backstage tales of intrigue in “No Angel.” This book is the biography of one Bernard Charles Ecclestone, who turned the challenges of a dirt-poor background and emotionally absent parents into a drive to do deals, big and small. Starting as a kid selling “fixed-up” motorcycles, he quickly became a notorious car dealer. His other passion, racing, led him to first drive, then to field cars for others. His ownership of Brabham, bought on the cheap, led him to the biggest deal of his life: bringing the backward, inefficient playground of Formula One to heel. The same skills and unsavory ethics he learned while flogging used cars helped him turn F1 into a big business, making many of the team owners rich — and himself much, much, much richer. Chronicled by British reporter Tom Bower, Ecclestone reveals himself as a sharp, brutal business partner — or opponent — reveling in the advantage he takes of supposedly smart people who don’t read the fine print. As his wealth and power grew, according to Bower’s account, Ecclestone’s methods changed little from the car-lot days — only the number of zeros in the deals changed. If Bower is to be believed, go ahead and shake Bernie’s hand, but 30 count your fingers afterwards. Provenance: Tom Bower is a former reporter who now does (mostly) unauthorized biographies — from Gordon Brown to Richard Branson. Bower claims plenty of unfettered access to Ecclestone and other F1, FIA and financial luminaries. It’s hard to quibble about access, but the book is so filled with basic fact errors about Formula One that it will lead you to question the things you don’t already know about. So, caveat emptor. Fit and finish: The paperback has an inserted eight-page photo collection, but the rest is simple text. It’s a biography, not a coffee-table book. It is not available on Kindle, but you can get used copies on Amazon from under $6 including shipping. Drivability: If you are looking for a glittery, behind-the-scenes look at the international circus that is Formula One, you are looking in the wrong spot. This book would be more comfortable serialized in the Wall Street Journal than Autoweek. On the other hand, if even a good portion of it is true, you will come away with a much better understanding of the odd little man you see walking the pre-race grid with kings, supermodels, sheiks, movie stars and billionaires. You might also understand that folks at this level of racing are just like you and me — often targets of hard-hearted men with only one goal: getting more. ♦ Sports Car Market the model are orange, and metallic dark brown. All three have tan interiors, which makes for easy viewing. Adding to that, great attention to detail has been showered on this model. You see tiny Alfa Romeo and Bertone emblems, mesh screening behind the outside vents, precise, in-scale orange defroster lines on the rear window glass, which also pivots up to expose the functional double-hinged storage compartment cover. Lensing on all lights is so convincing you’ll swear they work, especially after you play with the working slatted headlamp covers. Pry open one of the doors to expose the highly detailed interior, with its comprehensive dash, switch gear, simulated wood-rim wheel, carpeting and black and tan door panels with chrome bits. The seats are impressive with their superbly simulated velour facings. Look up, and there are sun visors and ribbed headliner. The model also features the requisite basic undercarriage detail of chassis, engine, suspension and exhaust system. So, what’s not to like on this beauty? Well, the windshield wipers — often a weak point on many models — are absolutely abysmal on this Montreal, as they belong on a cheap child’s toy. The “replication” of the glorious 4-cam V8 engine is typical of most AutoArt models, as it is a letdown, being more toy than model. While they have tried to add most of the big parts, along with hoses and plug wires, and the hinges and underside of the hood are nice, the engine and components are weak, simplistic and heavy handed. I do give them points for the SPICA labels. You will need to supply your own shaved-down toothpick to open the rear hatch and doors, otherwise you will never get them open. Regardless of the few blemishes, she’s a beauty. Very reasonably priced at $123 — or even less on eBay.

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Affordable Classic Six Market-Moving Sales in Arizona The Not-So-Affordable Trends of Arizona Even some low-end cars, such as a Fiat Spider, sold for mad money, but how sustainable are these prices? by Stephen Serio A Dino brings Daytona money — Gooding’s 1973 246 GTS sold for $506,000 “ T he USA, China and the European nations have each all printed over a trillion dollars in the past few years. We are in a cash crisis, with no place for this cash to go,” quipped one of my longtime automotive writer colleagues. “This has to account for some of the big-dollar cars again being classified as asset allocations within very wealthy collector portfolios,” said another peer. Theories such as these abounded in Scottsdale 2013 — much like the massive quantities of softball-sized meatballs we were all about to consume at a restaurant near the auction madness. The Car Guys Dinner each night in Arizona after the head-scratching auctions was always a gathering of no-nonsense, no-BS friends, colleagues, experts and car geeks. With perhaps 200 years of experience at the table, we all came to the conclusion that this market isn’t slowing down when it comes to the best-of-the-best cars. No one knows where the ceiling is, let alone if and when the potential downturn happens. Collectors are still buying with “fear,” and that fear still breeds some caution. Get out when the fear stops and your local dentist starts giving you collector-car advice (see 1987). But fear or no fear, Arizona brought many surprises. I’m not saying that every car enthusiast should be driving or owning something from my ancestral land of gelato, Monica Bellucci and La Dolce Vita, but I suggest that if you have an itch for something like an Alfa Romeo or any Ferrari, you might want to scratch it sooner rather than later — before you scratch through your own arm waiting for that market dip. Life is short, go enjoy it. Let’s take a look at what happened in Arizona. I will start at the bottom of the price food chain and work upward through the many surprises. This is now entry level? A 1969 Fiat 124 Spider, Lot 124, sold for $48,300 at Bonhams, and a 1967 Alfa Romeo 1600 Duetto, Lot 39, brought $50,600 at Gooding & Company. The Fiat price is staggering given what it is — a fairly pedestrian road car with no great merit. It may have been the best one on the planet (see above comment about “best of the best”) but this now represents the bottom of the price food chain? Wow. I was equally shocked to see the Duetto do anything above $25,000, given its average condition. Sustainable reset? There are two sides of that argument to consider: First, there are too many examples of these cars, and their build quality was fraught with countless maladies from new. Counterpoint: Why isn’t an Alfa Spider worth half of a 1960s Porsche 356 or 911? Half the car for half the price? Can’t a Fiat Spider give you the same grins as a Jaguar E-type in real-life driving once a month? The best examples of either may be the 32 1969 Fiat 124 Spider, a $48,300 surprise at Bonhams Sports Car Market last cheap place to start scrounging around for a priceconscious buyer. Dinos go BOOM! RM Auctions sold a 1973 246 GTS, Lot 170, for $400,000. A 1971 246 GT, Lot 337, brought $181,000 at Bonhams. Gooding sold a 1973 246 GTS, Lot 14, for $506,000 and a 1972 246 GT, Lot 137, for $291,500. Let’s have a moment of silence for the 2012 Ferrari Dino market and its affordable pricing — with an honorable mention to the passing of the Alfa Romeo Sprint Speciale prices. Gooding’s 246 GTS simply rocked the auction room. It was a multiple Cavallino Platinum winner — and the best one in the desert for sale — but $506,000? Just 90 days ago that kind of money would buy you the best Daytona, 365 GTC/330 GTC or three Porsche 911Ss. These lovely beasts are awarded the “Your Eyes and Heart Have Teamed Up to Beat Your Brain and Wallet into a Coma” award. The Dino’s iconic shape and 6-cylinder howl seem to have transcended anyone’s wildest expectations — on this weekend, anyway. Can the Dino boom last? I’d rate the RM 246 GTS Mathieu Heurtault, courtesy of Gooding & Company Courtesy of Bonhams

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Affordable Classic Six Market-Moving Sales in Arizona Arizona’s Prom Queens Welcome to the royalty: 1955 Lancia Aurelia B24 S Spider America. RM sold one, Lot 135, for $825,000, while Gooding’s barn find, Lot 147, brought $803,000 (see Etceterini Profile, p. 52). These cars are rare, gorgeous, technically advanced, stunning to drive, always sought after — and they are hardly ever up for sale. All this makes them the 2013 Prom Queens of Arizona. Runner-up Princesses are the four Lamborghini Miuras that all sold and found new boyfriends. The last time RM’s $825,000 Lancia crossed the block, it sold for a world-record price of $500,000. As an aside, the byproduct of that sale was that a great many longterm Spider owners sold their cars at very robust prices shortly thereafter. That sale was a true market mover. Gooding’s “Prom Queen” Lightning in a bottle? Gooding’s 1966 Ferrari 330 GTC, sold for $737,000 as a fresh paint/fresh interior auction special and Bonhams’ 246 GT as a driver-quality car. Both prices were equally strong. This trend has peaked, as this has to be the Mount Everest of pricing. Ferrari 330 GT 2+2 / 330 GTC / 365 GTC ride the tide Bonhams sold a 1967 330 GT 2+2, Lot 366, for $150,500 and a 1967 365 GTC Speciale, Lot 340, for $885,000. Just across town, RM sold a 1967 330 GT 2+2, Lot 175, for $192,500. Gooding sold a 1966 330 GT 2+2, Lot 15, for $275,000 and a 1966 330 GTC, Lot 23, for $737,000. We can simply use the illogical logic that, as Dinos are now worth upwards of $500k, this correction in the 330 GT / 330 GTC / 365 GTC market was long overdue. Or, were these cars, especially the GTCs, undervalued given where 275 GTBs are today? I’d argue a Dino is more fun to drive, but the 12-cylinder mafia may have something to say about that. The Bonhams 365 GTC was a true outlier. Speciale? I think not. It was perhaps a common 330 GTC with a 365 GTC motor and later-style wheels built for a “speciale” customer. The sizzle swallowed the steak here. Or we could argue that 330 GT 2+2s might have been slightly undervalued when compared with their contemporary Aston Martins, so perhaps this time was coming. The sales price of all three cars reflected their diverse conditions, and all were fully priced. The Gooding 330 GTC may have been lightning in a bottle for a very good car. Either argument nets strong prices for cars that were once budget entry into the 12-cylinder Ferrari Club. The 330 GT 2+2 prices may be sustainable given their worldwide appeal. The buying forum might dictate otherwise to the GTCs. Future prices will rise, but not to these levels. I think my crystal ball just cracked. 34 could be this year’s example of “When Dirt and Rust Are Worth More Than Gold.” Gooding’s offering was “the” car that many of us gravitated to prior to the sale. It was the classic, one-owner, barn-find oddity, and how cool would that car be at Pebble Beach in the preservation class? Or how fantastic would it be to just clean it up mechanically and drive it in that ratty cosmetic condition? Then it sold for $803,000. Gulp... are we getting pranked here? The think-tank of meatball-eating geniuses figured $500k for this car. This is the pure case study of originality versus restored. Both cars were bought by two very different mindsets and both can plead their case as to which car is more market-correct. Good luck to anyone who wanted one prior to this weekend and hoped to still find it at December 2012 prices. Big Ferraris sell BIG In the Big Ferrari world, Gooding sold a 1958 250 LWB California Spyder, Lot 30, for $8.25m, and RM sold a 1960 250 SWB Competizione, Lot 164, for $8.1m (see Ferrari Profile, p. 48). Honorable mention goes to almost anything with a “250” in its designation — no deals there. A lot of ink flows when these über-expensive Ferraris sell — as well it should. Aforementioned asset allocation billionaires wanting to park one under their Rothko — or just plain successful, bleed-Ferrari-red collectors — know few pricing boundaries here. Both cars are flawless examples from great collectors and without exception. This market will continue to climb. No more ink needs to be used here. ♦ Queen of the Prom — RM’s 1955 Lancia Aurelia B24 S Spider America, an $825k sale Sports Car Market Dan Savinelli, courtesy of Gooding & Company Pawel Litwinski ©2012, courtesy of RM

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Collecting Thoughts Are Porsches Moving the Market? Porsche Racers Soar in Respect — and Prices After languishing for years in a mist of mystery and geekdom, are vintage Porsche racers revving toward the really big money? by Miles Collier 1959 Porsche RSK, sold for $3,135,000 at Gooding & Company’s 2013 Scottsdale auction T he $3.1 million sale of a Porsche RSK, s/n 718023, at Gooding & Company’s Scottsdale Auction on January 19, 2013, gave me cause for reflection. I have been long puzzled by Porsche’s seeming lack of respect from the collecting community. Over the years, I have talked with many knowledgeable collectors who have admitted to no understanding whatsoever of the cars from Stuttgart. My friend, Doug Nye — the great motorsports histo- rian whose complete mastery of all things racing exists on a scholarship level that simply boggles the mind — has admitted his dirty little secret to me: Porsches are a mystery. This is from a man who has written more standard works on more motorsport subjects than anyone on the planet. Doug’s confession is an indicator of the Porsche problem. Despite one of the best competition records, despite having won more first-rank victories than any other manufacturer in history, and despite having been at the forefront of every form of racing imaginable, Porsche remains an apparently provincial backwater of the collecting world. Porsche guys, in the minds of other collectors, seem to inhabit a world of vinyl pocket protectors, miniature K&E slide-rule tie clips and secret handshakes. “One price fits all” will end So what’s the issue with the RSK sale at Gooding? Well, at the moment we see pricing that makes no sense when applied to the varied quality and importance of the different Spyder models. Only a few years ago, longtime Porsche collectors and enthusiasts made the Spyder market. Prices were stable and ranged from $500k up to 36 something over $1m, depending on model and provenance. At the bottom, we found the 550 1500 production car, the most common, crudest, and least puissant offering from Zuffenhausen. At the top of the range lay the 718 RS-60/61s with their longer wheelbase, better handling, larger engines, and in all ways, much refined design. Best of all were the very scarce RS-60 Porsche Works racers. In 2010, we saw the $1.7 million sale of a customer RS-61, and, in 2012, Gooding’s mind-boggling Amelia Island sale of a middling-fair-but-mundane 550 for $3.6 million. This transaction marked the resetting of Spyder prices, and while it was clearly the manifestation of “irrational exuberance ” — with all subsequent sales falling short of this high-water mark — decent, garden-variety Porsche Spyders now sell for $3 million-plus. I tend to think that this re-pricing is essentially correct. What is manifestly not correct is the “one price fits all” value that seems to be play- ing out at the moment. It would seem that the market has woken to the inherent value of these rather fabulous little cars, steeped as they are in the very essence of big-time international competition from the golden age of motor racing. Recall that these are the cars that vied with Ferrari and Aston Martin for the overall World Manufacturer’s Championship in 1959 and tied on points with Ferrari in 1960. These are the cars that won four Targa Florios and one Sebring outright and had countless podium finishes and class wins literally everywhere else. What’s happening? Let’s try to work through the issues that might be in play. First, I can’t help but notice that at the same time that the larger collecting community discovered Spyders, another overlooked Porsche surged to the fore as well. For 25 years, 917 coupes have sold between $1m and somewhere shy of $2m. Despite every bit of analysis I could perform that said these cars — arguably the greatest long-distance racing cars of all time — were severely undervalued, prices never broke out of that historic, 25-year trading range…until they did. I’m unable to identify what tipped the market, but over the past three years, 917K prices have exploded. I am aware of one owner who was asked by an importunate buyer to just name his price, any price. He declined to do so. Nevertheless, I have heard talk of transactions in the $15m and more range for Gulf 917Ks. I believe the 917 price movement and the Spyder price movement are connected. Sports Car Market Mike Maez, courtesy of Gooding & Company

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Once the “steeple” model comes into favor, other models are carried along in the draft. What better than to own a direct ancestor of the immortal 917K with all the same DNA by acquiring a Spyder at a mere fraction of the price? Second, the Porsche story is complex. It reveals its charm and fascination only to those who put in the work. Porsche’s racing trajectory is founded on unconventional brilliance and grindingly thorough development. Consider that the company started hot-rodding Volkswagens and only gradually transformed its cars into the highly sophisticated and elegant world-beating products that they became. By starting off on the wrong foot with a small-bore class contender rather than overall victory competitor; by putting the engine in the wrong end of the car; and by cooling it with the wrong medium — air as opposed to water — Porsche was just too strange for an un-evolved market where more blatantly obvious important cars were available. Such is not the case now. The market is responsive to intrinsic worth. Third, Spyders are challenging to service and restore. A detailed examination of any Spyder will show a racing car built to an amazing standard of quality (and complexity) that puts Italian products to shame. Porsche adopted a “belt and suspenders” engineering strategy by wrapping a well-designed space frame (albeit a ladder frame in the 550) with a stressed skin or monocoque structure. Enormously strong, this construction is fiendishly difficult to restore — as many non-Porsche restoration shops have found out to their customers’ dismay. Consistent with the chassis, the four-cam, gear-drive, twin-plug, dry sump, roller crank, air-cooled engine is unfathomable to the uninitiated. While many shops have the skill to refurbish a Spyder engine, their proprietors have told me that the training cost and tool investment to do so is cost-prohibitive. The complexity of the cars, despite their seeming simplicity and compact size, has made them an apparent specialty item. Much ink has been expended on the horrors of the roller crank engine, despite the emergence of capable service shops and the new availability of beautifully reproduced modern roller cranks. In the same vein, while few in number, there are restoration shops and engine rebuilders with much Spyder experience and Rolodexes full of satisfied owners to prove it. A new value structure approaches The next step is for the market to price across models appropriately. As buyers become more knowledgeable, I expect that it will. With the exception of the early prototype 550s — which are a bit of a special thing that appeals to historians, not users — Spyders should value roughly according to their production sequence. In addition, Works cars should carry a substantial premium over the more-common customer racers. We really haven’t seen provenance play much of a role yet, due to the cars notoriously sold all being pretty ho-hum. Our subject RSK is one of these. It does benefit from ownership by pioneer collector Bill Jackson. Its fine condition is thanks to his long-term ownership. If we assign $3m to a decent customer 550, this RSK was well bought. Expect to see the finest Works RS-60s exceed $4m in the future. ♦ The shape of pricing to come? April 2013 37

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Legal Files John Draneas and Martin Emmison The $175k Missed Shift Piper and Hales told very different stories, and they could not both be accurate mechanic that he was having trouble with the gearbox, and that it was popping out of third gear. The mechanic said it was a problem with the shifter, refused to adjust it, and instructed Hales to “just be careful.” • He did all he could to “be careful,” but the transmission popped out of third gear as he was accelerating, causing the excessive revs. Piper’s case was pretty simple: • There was “no way” he would have accepted responsibility for driver error, especially for the measly £2,000 charged. • Richard Attwood testified that he drove the 917 at Goodwood a month before and experienced no gearbox issues. He also testified that 917s are difficult to drive with a long throw to third gear — one has to be careful — and Hales was advised about that. • Piper’s mechanic testified that there had not previously been any such problems with the car, and he did not know of any general “popping out of gear” issues with 917s. • Shortly after the engine repair, but without any gearbox repairs, the 917 was raced without incident. S ports car racing driver David Piper (a former F1 driver who lost a leg below the knee in an accident driving a Porsche 917 during the filming of Steve McQueen’s 1971 film “Le Mans”) recently won an important case in The Royal Courts of Justice in London. The high court awarded damages and legal costs likely to be around $175,000 against automotive journalist and racer Mark Hales, who was stunned and angered with the judgment. In his written response posted on the Internet, Hales was quite vocal in his criticisms of the judge. Hales wrote that he will lose his house and be forced into bankruptcy. An outpouring of support — most of it critical of Piper’s action in bringing this case — appeared on a number of Internet blogs and chat boards. The judgment stems from a 2009 incident in which Hales was driving Piper’s Porsche 917, valued at $2 million (this car is a replica built from Porsche parts; Piper also owns an original 917), at Britain’s Cadwell Park circuit. The drive was part of a comparison test between the 917 and a Ferrari 512S owned by former Pink Floyd drummer Nick Mason, for an article to be written by Hales and published in Octane and Auto Italia magazines. After several laps around the track, the 917’s engine blew. Piper blamed it on a missed shift. Hales insisted it was caused by a mechanical problem with the 917. The judgment included some $75,000 for the cost of repairing the engine and Piper’s loss of use of the car, and, when Piper’s legal fees are added in, will likely total about $175,000. Some facts track The parties agreed that Hales came up with the story idea and ap- proached Piper to loan him the 917. Piper agreed to loan him the 917 and his mechanic for the sum of £2,000 (about $3,280 in 2009), which Hales paid. Before Hales set out on the track, Piper instructed him to keep the engine revs below 7,000 rpm. Hales agreed, stating that he was “not competing and was not under pressure to deliver a fast lap.” The engine blew when it revved to 8,200 rpm. Most facts diverge Hales asserted, Piper denied, and the judge did not accept, the fol- lowing as facts: • He and Piper had a deal that while Hales would provide insurance for crash damage (which Octane provided), Piper would assume all responsibility for mechanical damages. • After a few laps, Hales came in to the pits and explained to Piper’s 38 • Hales simply missed a shift, causing the damage. The legal standard Piper’s legal claim was that Hales was negligent in his driving, which caused the damage. Since Hales had rented the 917 at his own request (a “bailment” under British law), he owed a duty of care to Piper to use reasonable skill in his use and driving of the 917 — and the burden lay with Hales to prove that he had met that duty of care. His missing third gear and flooring the throttle constituted Hales’ negligence. The court agreed with the legal standard. The question at trial was, “What happened?” My word against yours This was the proverbial “my word against yours” situation. Piper and Hales told very different stories, and they could not both be accurate. Most readers would assume that this would end up in a tie (which would mean that Hales would lose because he had the burden of proof), but that isn’t what resulted. Judge Simon Brown gave a very lengthy explanation as to how judges go about deciding which to believe of two witnesses who tell opposing stories. He stressed as key factors: (1) memories change with time, so early statements are the most reliable; (2) written confirmations or lack thereof; (3) consistency in actions, statements and evidence; and (4) demeanor. Credibility matters Applying those factors to the evidence presented to him, Judge Brown determined that Piper was pressed hard on cross examination and got a little confused and vague at times, but that was understandable for a man in his 80s. However, he was sharp and consistent on every material point to his case. In contrast, Judge Brown found a number of reasons to question Hales’ credibility: Hales gave varying explanations as to the mechanical cause of the gearbox problem — wrong gearbox turret, defective spider and slider, and defective shifter adjustment (which Hales insists upon, but the judge did not actually mention) — but never offered any independent evidence. Hales also failed to have the gearbox inspected after the event to support his assertions. Shortly after the incident, Hales signed a statement stating, “I admit the damage to the engine was caused by my failure to select the gear correctly.” In court, he tried to sidestep that apparent admission by claiming that he wrote that only to assist Octane in its unsuccessful Sports Car Market

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insurance claim, which the judge took unfavorably as an unsupported suggestion of insurance fraud. His claim that Piper’s mechanic was told about the gear problem and nonetheless told Hales to keep driving was too improbable to be believed. The judge thought any mechanic in such a situation would direct him to stop driving the car. In the end, the judge simply believed Piper and disbelieved Hales. And to add insult to injury, which may make the judgment harder to appeal, the judge stated that even if he had accepted Hales’ version of the facts, he would still have found him liable — once he discovered the gearbox problems, it was reckless of him to continue driving. Takeaways for readers There are several observations that may be relevant in other situa- tions: • Hales has vociferously criticized the judge for not fully recognizing the merits of his case. But trial of a legal case is a presentation of two competing stories. You tell yours in the manner you believe will be the most convincing. In the end, you learn what the judge or jury did not understand or believe, but you don’t get another chance to explain. In the end, it isn’t so much a question about what really happened, but what you were able to get across successfully. If you missed the mark, well, that’s the risk of litigation. • Readers will remember Emmison’s “You Bend It — You Mend It” article (December 2011, p. 28) and think there may be established rules of custom to cover these things. Hales argued that angle — it was an implied term of their contract that Piper would bear the risk of mechanical failure because of time-honored custom in the motor-racing field. The judge was not impressed by that argument and found that no such custom or practice existed, certainly where the context was not racing and the car was being used commercially for a non-competitive test. • The owner and his guest driver should determine in advance where the risks of an uninsured accident or mechanical blow-up will lie, and should record that agreement in writing. There is no need for a complicated document, and these days you can do it by an email exchange on your cell phone. This applies both on the race track and when testing a car on the public highway. Hales could perhaps have avoided this liability if, in his email contract to rent the 917, he had required Piper to bear all mechanical damage repair costs. Piper might well have refused that term, but at least the issue would have been out in the open, and they would have resolved it beforehand. • Under the British legal system, the losing party in a civil litigation generally bears the winning party’s legal fees — in addition to his own legal costs. With barristers on both sides, the total legal bill here was always going to be more than twice the money in issue. So this case should not have been litigated — it should have been settled at an early stage — arguably with Hales and his magazines paying or contributing to Piper’s engine rebuild costs. There is no sense in betting your house on why a gear was missed and a Porsche engine scrambled its valves. • There is also a strong lobby — at least in European circles — that this old-car hobby that we love could do without the scourge of litigation, and that Piper should not have sued Hales. But he did, and we can’t know if he was unreasonable or the settlement offers were unreasonably low. But either way, the uncertainties of these situations are now out in the open. As famed motor historian Doug Nye was quoted in the Daily Telegraph: “We all knew there was a plate-glass window out there, we just didn’t expect someone to throw a brick through it.” ♦ MArTIn EMMISon is a partner specializing in collector-car matters at Goodman Derrick LLP, solicitors. His email address is memmison@gdlaw.co.uk 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 2013 39

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Simon Says Simon Kidston What Goes Up Must Continue? Money is pouring into the classic-car world as a tangible, socially acceptable form of investment and hedge against inflation T here are two long we car year that define th its health: Scottsdale. Pebble B It helps, of course, that ea blessed with a benign climate, a p turesque landscape and enou golf courses to satisfy eve the most devoted wearer of loud check trousers and questionable headwear. The timing works well too, with both events spaced roughly half a year apart, so they’re never far from our consciousness. Scottsdale bri the collector-car world to Arizona in January, while Pebble Beach brings everyone to California’s Monterey Peninsula in August. Whilst the classic-car market is increasingly global, these automotive equivalents of the Davos summit remind us that the United States is very much in the driving seat. Long gone is the era when auctions in Monaco or London led the way. From the sale of the original Batmobile for $4,620,000 to Clark Gable’s Gullwing at $2,035,000, there was no denying the show of strength put on during the Scottsdale auctions this year: Well over $200 million changed hands in the Arizona desert for a weird and wonderful array of cars although, if we’re brutally honest, not much on offer would have made it onto the “must-have” lists of collecting royalty. What is driving this market? What’s pushing the market to ever-increasing highs? Sudden interest from collectors in developing economies? Well, no. The auction houses confide that almost all their bidders came from the U.S. and the traditional car-buying European countries. A new generation of enthusiasts? There’s not much evidence of that either, although the prices realised by some younger cars, such as the Ferrari F50 and Enzo, suggest that, longer term, this may be an emerging trend. Having witnessed it firsthand, there’s no denying From batwings to Gullwings, Arizona featured strong offerings. Above, the original Batmobile, sold for $4.6m. At lower left is the ex-Clark Gable Mercedes-Benz 300SL, a $2m sale the bullish mood of bidders in Scottsdale, which is a marked contrast to the more guarded atmosphere at most European sales. If I could highlight one factor pushing the classic-car market, it’s the “S” word: speculation. Unless the outside world has developed a sudden passion for classic cars that can’t wait to be satisfied — or existing collectors are suddenly conscious of their own mortality and want that long-coveted model right here, right now — the best explanation, and one borne out by countless conversations overheard in both Scottsdale and last month’s Cavallino Classic meeting in Palm Beach, is that money is pouring into the classic-car world as a tangible, socially acceptable form of investment and hedge against inflation. “I’m real glad I held onto my xxx,” went one such discussion between two 40-some- things in the Ferrari-filled paddock during the Cavallino track day. “Because I called up so-and-so, who’s got one too, and he told me I was undervaluing mine at $6 million. He’s been offered eight, and he’s not selling! And nor am I!” Older observers may be reminded of the late 1980s, the reply to which is inevitably: “This time it’s different...” (You can insert all manner of explanations in the second half of the sentence, the most common being that Testarossas — of the slatted, not the pontoon-fendered variety — are still worthless, cars aren’t being bought with borrowed money, and investment funds aren’t piling into cars.) Best of all was the back-handed reassurance I heard from one seasoned British dealer in Arizona: “If it’s a bubble, this is only the beginning.” Buy for pleasure Of course there’s a positive side to increasing values. Whilst they make it harder for the next generation to get on the ladder of ownership (gone are the days when a student with a loan from Mom and Dad might scrape together the money for a secondhand GTO — unless his surname is Gates or Ellison), they benefit the many thousands of people around the world who earn a living from this industry, meaning the cars are better cared for, their histories better documented, their creators and drivers better recognized and, hopefully, their importance more widely acknowledged and their future existence protected. If someone tells you the beanstalk will keep on growing to the sky, they’re probably selling you shares in it — which begs the question why they’re getting out — but in fairness, a large proportion of today’s sellers are putting their proceeds straight into something else on wheels. To use another simile, a cynic could be forgiven for viewing the current market merry-go-round as a game of musical chairs, whilst an optimist assumes the past five years can be extrapolated to the next five. My own rule is simple: Don’t give it garage space if the thought of it losing value would spoil your enjoyment of it. To me the real downside of the inexorable focus on values is the one conversation opener that I didn’t hear all weekend in either Scottsdale or Palm Beach: “So, how does it drive?” ♦ 40 Sports Car Market

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Feature Scottsdale First-Timer Doing the Barrett-Jackson The novelty for me was the Barrett-Jackson experience — the whole thing is huge and draws hundreds of thousands of visitors by Christian Philippsen Barrett-Jackson — a celebration of all things big “D 44 oing a little Barrett-Jackson this week?” questioned the waitress at BLT Steak, one of my preferred restaurant chains in the United States, when she spotted my pile of catalogs on the table. ‘’Are you in town for ‘the’ Barrett-Jackson?’’ asked the waiter at Ruth’s Chris Steakhouse, another favorite, the next day. Yes I was, for the first time. Never before had I attended the sales in Scottsdale, and there is an explanation. Back in the mid-1960s, my first employer was the Belgian Ferrari importer Jacques Swaters. He also owned the private Ecurie Francorchamps, which was famous for entering yellow Ferraris in long-distance races. Our new adversaries in those days were the American Shelby Cobras and the Ford GT40s. I observed that our drivers and our mechanics looked at them with some disdain, kind of like a European Michelin-starred chef would assess a McDonald’s hamburger. How could cowboys and their unsophisticated V8 engines be taken seriously? I was brainwashed and didn’t pay much attention to them. Until the recent arrival of RM, Gooding and Bonhams, Scottsdale was mostly a fief for American rusticities and I simply did not care. But two things made me change my mind: First, the variety of the offerings has expanded dramatically over the past few years. Second, from what I understood, “the” Barrett-Jackson no longer consisted of just an auction. This was of particular interest to me for, in the mid-1990s, when I was a consultant to Christie’s, I had written in a report: “(…) there is no doubt that the way our live auctions are conducted will need to be reviewed, with the entertainment value and the socializing aspect gaining more importance. To have ideas, we ought to look at what Bernie Ecclestone has achieved with Grand Prix racing, and at what Disney have done in the world of theme parks.” So, here I was, loaded with my catalogs and VIP passes, but still very much a débutant in Scottsdale. I had decided to stay at the Biltmore, where RM have their sale; that was at least one event to which I wouldn’t have to commute. Luckily, Sandra Button, chairman of the Pebble Beach Concours d’Elegance, had organized a small dinner at the Hermosa Inn the day of my arrival, and I had the good fortune of sitting at the same table as my dear friend and habitué Bruce Meyer, whose tips Sports Car Market Courtesy of Barrett-Jackson

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Feature Scottsdale First-Timer Staging the cars for the auction block at Barrett-Jackson were precious and with whom I drafted the perfect itinerary for the next days — not to forget the invaluable SCM Insider’s Guide to the weekend, of course. I did attend the auction sales of Bonhams, RM and Gooding, but will not write about them, as they were up to their usual and well-known standards. Their results are mentioned elsewhere in this issue. Suffice to say here that most cars sold within their range of estimates, which were elevated. The only way to tempt sellers in this still amazingly strong market is indeed to promise them significant returns and accept high reserves. A huge event — and an auction The novelty for me was the Barrett-Jackson experience, and an experience it was! Their concept goes way beyond the suggestions I presented to Christie’s 15 years ago, which, in passing, were received with the comment, “Christian, what a powerful thought!” and were shelved forever. I am told the Barrett-Jackson tent structure is the biggest in the world. It may well be. There are halls with merchants of everything car and non-car related, there are demonstrations of new models, there is food everywhere, there are sponsor lounges — skyboxes, as they call them. I mean, the whole thing is huge and draws hundreds of thousands of visitors over almost a week. Accessorily, there is an auction including 1,500-plus cars (listed in a brick of a catalog of close to 700 pages). Accessorily, because Barrett-Jackson’s business model is different from that of the other auction houses. I wouldn’t be surprised if a large part of their revenue was generated by gate money and the rental of commercial space, whilst the auction and its broad television coverage serve the promotion of the show. For that is what it is: a big show, noisy (my skull is still echoing from it as I am writing this) and smelly (that mix of petrol and grilled food!). Some call it a circus, others, a zoo. Whatever the name one gives it, the crowds seemed to have a great time, cheered a lot and I, for one, was quite impressed. Tops in fun per dollar Russo and Steele, which I attended after having discovered Barrett-Jackson, is more of the same, but on a smaller scale. The cars both houses offer, mostly American iron (and fiberglass), including hot rods, customs and replicas, are not exactly in the same league as the upscale gems offered by their colleagues. They must, however, be on top of the horsepower-per-dollar ratio and, perhaps, also of the fun-per-dollar ratio. This was perfectly illustrated by a Bianchina said to develop 16.5 horsepower — at that level, every fraction counts — fetching about the same price as a recent supercharged Camaro with hundreds of them. Of course, there is an exception confirming the rule: The Shelby Cobras and the Fords that eventually defeated the Ferraris — much to the dismay of the Prancing Horse camp — have gone up in value tremendously. 46 Both Barrett-Jackson and Russo and Steele have the same style of auctioneering. Whilst British-trained auctioneers, such as Malcolm Barber (Bonhams), Max Girardo (RM) or Charlie Ross (Gooding) will politely wait for the next bid, animating the room with a touch of humor to fill the voids, their U.S. counterparts at Barrett-Jackson and Russo and Steele shout unintelligible rumbles that reminded me of a twin-cylinder engine running at speed. It is very different from what the distinguished Christie’s taught me, and I could not replicate it! They also have the same kind of young and attractive girls serving cocktails — the palm going to Russo and Steele for their flashing trays. Friendly — with huge steaks Both companies stage rather well-organized events. More than the organization, though, it is the friendliness of the people at whom I keep marveling. You Americans are a hugely friendly bunch of people — warm and welcoming. I love America. I love your potato skins, huge steaks and carrot cakes. I love your energy and your spirit of enterprise. Your country has the right approach in allowing all kinds of workshops and craftsmen not only to restore cars — essential to the preservation of our heritage — but also to build specials for fun and thus maintain or create jobs we are losing in Europe because of regulations that have become so restrictive. It shows in your enthusiasm. As Cole Porter would sing: “You are the best.” With a salute to Rob Walker — who never missed commenting on the loos in the Grand Prix reports he wrote for Road & Track — I’d like to conclude this short contribution in awarding a best 10 out of 10 to Gooding, who provided spacious, wooden-paneled deluxe trailers and a mediocre 3 out of 10 to most of the other Scottsdale on-site “no flush” — and rather constipating — facilities. Shall I return? I am even considering buying prop- erty in Arizona. I heard there are some great houses for sale at attractive prices. I am just not sure yet if I’ll have a Ferrari or a Cobra in the garage…. ♦ Sports Car Market Courtesy of Barrett-Jackson

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Ferrari Profile 1960 Ferrari 250 GT SWB Berlinetta “Competizione” For many longtime owners of big-time Ferraris, the money on offer is now life-changing by Steve Ahlgrim Details Years produced: 1959–62 Number produced: 165 (all variations) Original list price: $13,500 Current SCM Valuation: $3,200,000– $8,500,000 Tune-up cost: $3,000 Distributor caps: $400 (two needed) Chassis #: Left frame member by steering box Engine#: Right rear above motor mount Club: Ferrari Club of America, Ferrari Owners Club More: www.ferrariclubofamerica.com, www.ferrariownersclub.org Alternatives: 1956–59 Ferrari 250 Tour de France, 1955–56 Alloy Mercedes-Benz 300SL Gullwing, 1971–73 Ferrari 365 GTB/4C Daytona Group 4 Competition SCM Investment Grade: A Comps Chassis number: 1905GT I n the tradition of Ferrari’s dual-purpose road and racing berlinettas, the new 250 GT SWB was a tractable and well-mannered daily driver about town — and a veritable beast in a race. Competition- specification cars with additionally up-rated engines and lightweight alloy aluminum bodies were immediately made available for racing customers. Competizione-specification examples totaled to 72 alloy-bodied examples among the overall output of just 165 SWB cars. It is a credit to the SWB’s strength of design, durability and no-hassle ergonomics that the model was a daily-use driver for many owners. More recently, collectors have truly begun to prize the SWB’s subtle Pininfarina lines and its legitimate competition pedigree. According to the research of noted marque authority Marcel Massini, this example features alloy coachwork and a race-tuned engine. It’s among the most welldocumented SWB examples, having been owned by just four caretakers from new. It has enjoyed attention from some of the Ferrari world’s most respected historians and craftsmen, including Charles Betz and Fred Peters, Brian Hoyt’s Perfect Reflections, and Wayne Obry’s renowned Motion Products. It also received concours preparation from René Wagner’s Garage Fast Line. The SWB’s unanimous acclaim was sealed with 48 a feature article in the August 2011 issue of Cavallino magazine, a pinnacle of recognition by any measure. Sometimes cars are described for sales purposes as “race-ready”; most of the time this is not the case, but not with this car. The only thing that may be required would be adjustments for personal driving preferences. It is a well-documented and thoroughly exceptional iteration of one of the marque’s most prized berlinettas that should prove irresistible to any serious Ferrari collector, promising thrilling performance and future exhibition acclaim. SCM Analysis This car, Lot 164, sold for $8,140,000, including buyer’s pre- mium, at RM’s Arizona auction on January 18, 2013. In the collector-car world there is no series of cars more desirable than the Ferrari 250 GTs. The highest known automobile sale ever was the sale of a Ferrari 250 GTO for $35,000,000. A couple of other 250 models will sell for more than $10,000,000, with a few more in the over-$5,000,000 range. At least a dozen different 250 models are firmly in the million-dollar club — more than any other automobile series. The 250 series Ferraris are the true heart of the Ferrari legend. 250 Ferraris dominated sports car racing around the globe in the 1950s and early 1960s. The 1962 Ferrari 250 GT SWB Lot 251A, s/n 3401GT Condition 1 Sold at $3,571,624 RM Auctions, Monte Carlo, 5/1/10 SCM# 162405 1960 Ferrari 250 GT SWB Competizione Lot 244, s/n 2209GT Condition 1- Sold at $5,280,000 RM Auctions, Monterey, CA, 8/21/11 SCM# 183095 1961 Ferrari 250 GT SWB Lot 447, s/n 3087GT Condition 1- Sold at $4,510,000 RM Auctions, Monterey, CA, 8/14/08 SCM# 117472 Sports Car Market Pawel Litwinski ©2012, courtesy of RM Auctions

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racing success enabled Ferrari to build an international network of distributors to sell Ferrari production and race cars. The Ferraris from this era are the most coveted of all Ferraris, and the 250 SWB sits near the top of the pyramid. There is a definite hierarchy in the 250 SWB market. The low end starts with steel-body street cars. These are sometimes called Lussos — for their luxury trim. A 250 GT SWB Lusso is not the same car as the well-known 250 GT Lusso. There is also a competition version of the car and a few known as SEFAC hot rods, which are specially prepared Factory team racers. SWBs may be steel or alloy, and they may have special-order features, such as competition gas fillers on a street car. The value of a SWB will vary dramatically based on the configuration of the car — as well as provenance and completion history. A feeding frenzy “Astounding” is the only word that can begin to describe the feverish activity and huge money the high-end Ferrari market is generating. The $8,140,000 sale of 1905GT was a big event — but not unexpected by those who follow high-end Ferraris. During the past three months, big-dollar sales of four 250 LMs and four 250 Tour de Frances have transpired, with even more activity in 250 SWBs. In october 2012, a U.K. dealer sold a 250 SWB for around $5,500,000. In november 2012, the same dealer sold another SWB for another huge sum. In December 2012, there was a run on SWBs, with five changing hands. one December buyer was reportedly offered a $2m profit the next day, and one sale reportedly topped $10,000,000. In the past, when there has been a run on Ferraris, I would get calls from owners asking if they should sell their car. As I don’t have a crystal ball, I always answer: “If the money will make a significant difference in your life, you should consider selling. If it won’t make a difference, and you still like the car, keep it.” At current price levels, it’s a different game. For many longtime owners, the money is life-changing. They may not need it to pay off the house, but it will guarantee a comfortable retirement — or make sure there’s money for the kids. Pay-to-play cuts both ways Selling an old friend isn’t easy. The anxiety of wondering whether the car will be worth even more next year is always a consideration, but there’s often a practical reason that helps make the decision. The care and feeding of a valuable Ferrari grows with the value of the car. Thirty years ago, an engineer living modestly might have been able to buy a 250 SWB. The insurance cost was incidental when the car was worth $100,000 and owners were in their peak earning years. Thirty years later, when the owner is retired and the premium for their multi-million-dollar Ferrari comes out of savings, the insurance is a significant matter. Service and restoration costs also go up with the value of the car. Getting top dollar requires top condition. The local Foreign Car Service doesn’t understand the preservation of old hose clamps, nor does the local upholsterer realize that the wrong stitch length equals an interior that has to be redone for show. High-end buyers like to see “brand” names associated with maintenance. Having a recognized Ferrari specialist on the service history of a multi-million-dollar Ferrari often returns a premium price, but that service may now come at a cost that a retired dentist may not be able to afford. A good deal for everyone 1905GT is an old friend. I first saw it at the 2002 Ferrari Club of America Meet and have seen it on the show circuit several times since. It has been seen at almost every major event from Pebble Beach to Villa d’Este. Some of the best in the business have kept the car in top shape. It is often a contender for Best of Show, but a slightly more exotic car usually noses it aside for the award. This spectacular Ferrari did its job. It filled seats for RM and brought a price that wowed the masses. It reportedly sold to a collector who has been the top bidder on many high-worth Ferraris over the past couple of years. 1905GT was a great car that sold at a big number. The buyer paid a fair amount. But even at this stratospheric price, both parties should be happy. ♦ (Introductory description courtesy of rM Auctions.) April 2013 49

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English Profile 1936 MG NB Magnette Airline Coupe This MG was the real thing — and a truly special piece of MG history — so why did the price drop so sharply since 2007? by Donald Osborne Details Years produced: 1934–36 Number produced: Seven (N-type Airline coupes) Current SCM Valuation: $150,000– $200,000 Tune-up cost: $600 Distributor Caps: $100 Chassis #: Brass tag on left firewall Engine #: Brass tag on left side of valve cover Club: The North American MMM Register More: https://sites.google.com/site/ mgnammmr/home Alternatives: 1935 Fiat 508 CS MM, 1935 Riley Imp, 1936 Jaguar SS 100 2.5 liter SCM Investment Grade: B Comps Chassis number: nA0848 I t could easily be argued that one of the prettiest swept-back designs of the 1930s was on the very few Airline Coupes that graced MG chassis. The design was created by H.W. Allingham, and the cathedral-style lighting panels on the sliding sunroof, the spare tire neatly blended into the swept-back tail underneath a metal cover, and the effect of the tail that tapers inward at its base are of particular note. Then there is separation molding down the sides of the car — which allowed for two tones — and the full flowing fenders with the rears flicking up at their ends. The low profile is achieved by dropping the body over the outside of the chassis. Despite all of the detail and thought that went into the styling, there is actually still an accommodating cabin and relatively large doors to enable easy access for taller adults. In total, it is thought that a mere 51 were ever constructed, and it is worth noting that the majority of those cars were built on the 4-cylinder MG PA and PB series. Only seven were fitted to the more-potent NA/ NB 6-cylinder cars, and of those, three retain original Airline bodies. Noted collector Gene Ponder was a huge fan of the MG brand and particularly of these aerodynamic coupes. It must have been incredibly rewarding for him to have achieved ownership of such a rare car when he acquired this example in 2000. It is understood that the car was perfect for the exacting restoration that ensued. In doing so, Ponder had the car’s color changed from two tones of 50 green to his preferred red, accented by black side panels. One of the more troublesome details to get correct was to track down the right Borrani wheels, which were sourced at the considerable cost of $9,000. As is evident to this day, the restoration was a thorough and highquality job, befitting the importance of the car. These cars have a jewel-like quality and remain among the most collectible of all MG cars. Even among those, this ultrarare, 6-cylinder, NB-powered coupe stands out as being a very special Airline. SCM Analysis This car, Lot 358, sold for $186,500, including buyer’s premium, at the Bonhams Scottsdale, AZ, sale on January 17, 2013. One of the most interesting facets of my work for SCM is seeing old friends cross the block. The SCM Platinum Auction Database allows the user to search by chassis number — and see each listing made of the car when it has been sold. Comparing each sale of a car tells a story, but as in every case of analyzing statistics, the numbers alone aren’t enough. It’s important to look behind them to figure out what they might actually mean. I wrote a profile of this very MG nD Airline coupe, which appeared in the August 2007 issue (p. 46). This Airline had recently been sold, in April of that year at RM Auctions’ Ponder Collection Sale for an immense $398,750 — an amount I called extravagant. For this sale of the car, Bonhams passed it along from a selection from the Oldenburg Collection to a new 1936 MG NB Lot 138, s/n NA0957 Condition 2Sold at $60,468 Silverstone, Northamptonshire, U.K., 11/4/11 SCM# 189930 1934 MG PB Airline Lot 281, s/n PB0384 Condition 3+ Sold at $148,500 RM Auctions, Amelia Island, FL, 3/8/08 SCM# 116066 1935 MG NB Magnette Airline (profile car) Lot 2246, s/n NA0848 Condition 1 Sold at $398,750 RM Auctions, Marshall, TX, 4/20/07 SCM# 44867 Sports Car Market Troy Freund, courtesy of Bonhams

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owner for just under half the 2007 sale amount. This sharp drop in the price of such a wonderful car makes one want to understand why this happened. So, what happened? A possibility is that the car deteriorated sharply in the intervening 56 months. I didn’t see the car in 2007, but I did see it in Scottsdale, and I can say it was still quite sharp indeed. Another explanation could be that there was a collapse in interest in pre-war MGs, with a glut on the market seeking a shrinking pool of buyers. I can’t give the numbers on the global market for pre-war 6-cylinder MGs, but I can say that I’ve not seen advertisements or auction listings for a plethora of nA/nB cars, so that’s unlikely. The last major aspect in comparing the two sales of this car has to be the time, venue and circumstances of the most recent auction — and it is here that I believe we’ll find our explanation. A major collection’s sale Bonhams did a superb job of presenting the Oldenburg cars, as they did the rest of their lots in Scottsdale. While the late addition of the 20 cars from the collection did have an impact on the already-planned display layout, the cars were nevertheless well shown among the other excellent lots Bonhams gathered for what would be a very successful sale. Esteemed collector Miles Collier has written in the pages of this magazine about the impact that a major collection’s provenance can have on a car’s value. He laid out a persuasive — and correct — argument that a vehicle that has been a part of a known, established — and most importantly — curatorially respected collection could see its value enhanced, sometimes significantly, for decades after it had left the group. Perhaps one of the best examples cited are cars from the former Harrah Collection. Despite the decades that have passed since it was broken up at auction, the imprimatur with which the Harrah Collection stamped the cars still carries weight with a large portion of the collector market. The Ponder Collection was not quite Harrah’s, but Gene Ponder was a perfection- ist who lived and loved MGs, and he spent what it took to find and restore the best examples. Where none existed, he created the most authentic replicas. This MG was by all accounts and agreement the real thing — and a truly special piece of MG history. So we have a known and respected collection provenance, to which we add the multiplier — the single-collection sale. It has been seen repeatedly that the concept of putting bidders in a room, preferably ‘dans son jus’ on-site where the collection has lived, produces a feeding frenzy to delight the most jaded of auctioneers. It was perhaps a bit of this irrational exuberance that yielded the 2007 result, which, as an aside, was achieved on a pre-sale estimate of $200,000 to $250,000. Today’s MG market In the current market, an MG nD 6-cylinder alloy- bodied roadster, one of 24 built and with very good period and vintage race history, has been for sale for a while at a major dealer in the northeast with an asking price of $125,000. Another roadster recently sold in the U.K. with an asking price of $94,355 (£59,995). The Airline’s special body and greater rarity would certainly put it on a higher value plane than the roadster, so a price approaching $200k would not be unreasonable. An unknown in this equation is what Mr. Oldenburg paid for the car, which he purchased from the Ponder sale buyer. Someone took a haircut, but we don’t know how evenly divided it may have been. Mr. Oldenburg appreciated Ponder’s upgrade particularly to hydraulic brakes on this Airline, which indicates that driving was an important part of his purchase decision. If he indeed did enjoy this fabulous car on the road, then he received his money’s worth for the buy. I would have to rate this sale a good deal for the buyer and perhaps for Mr. Oldenburg as well, who we hope took his discount when he bought it. ♦ (Introductory description cour- tesy of Bonhams.) April 2013 51

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Etceterini & Friends Profile 1955 Lancia Aurelia B24 S Spider America These two Lancia Aurelia B24 S Spider Americas are very different — or at least appear so at first glance by Donald Osborne Details Year produced: 1955 Number produced: 240 Original list price: $5,500 Current SCM Valuation: $425,000– $680,000 Tune-up cost: $350–$1,000 Distributor caps: $160 Chassis #: On firewall, stamped in center of engine compartment and on chassis plate Engine #: Stamped on right side of block Club: American Lancia Club More: www.americanlanciaclub.com Alternatives: 1956–59 BMW 507, 1954–55 Porsche 356 Speedster, 1953–56 Austin-Healey 100-4 Le Mans SCM Investment Grade: A Comps Lancia Aurelia B24 S Spider America 1131, sold for $825,000 at RM Auctions Chassis number: B24S1131(RM car) Chassis number: B24S1123 (Gooding car) Lancia Aurelia B24 S Spider America 1131 T his car is among the rare survivors, having resided for its entire life in the forgiving western United States. In 1992, it was owned by the president of the U.S. Lancia club, who also was an avid vintage racer. He had the car cosmetically restored by Italian Lancia expert Franco dePiero, and his full-time mechanic restored the car’s numbers-matching drivetrain. During the restoration, the original Weber carburetor was replaced with a period-correct Nardi twin-carburetor conversion setup — which, along with the Borrani centerlock wire wheels and the signature Nardi steering wheel, completes the highly desirable Nardi package. Today, this remarkable Spider remains in high-point condition, a testimonial to both the quality of the car before restoration — and the caliber of the restoration itself. Only minor evidence of aging can be found upon close examination, but with careful use, the car will mellow gracefully, gradually acquiring the patina of a lovely, untouched original. These stunning Spiders are highly prized by their intensely loyal owners. They offer a nearly ideal combination of desirable characteristics: They are fast, with delightfully nimble handling, quick and responsive steering, and undeniable grace and beauty. Their racing bloodlines and thoroughly sporting manner make them not only eligible for, but ideal candidates to participate in, any important driving event worldwide. They are seldom, if ever, offered. Within the U.S, only a handful survive of this quality. 52 Lancia Aurelia B24 S Spider America 1123 In summer 1956, John Jang walked into British Motor Car Distributors, his favorite sports-car dealership, on Van Ness Avenue in San Francisco. The car was tilted sideways at a high angle, with mirrors placed underneath to show the B24’s innovative inboard rear brakes and distinctive suspension design. Fascinated, Mr. Jang asked that the car be taken down for a test drive. The drive went so well that he traded his $3,000 1953 Porsche Cabriolet, which he had bought only a month before, toward the purchase of the $5,600 Lancia and drove it home to Oakland. His red Lancia was still in his Northern California garage 56 years later. In 1963, the young couple moved from the Bay Area to Sacramento; the Lancia Aurelia made the move to the new house but was never driven again. A padlock was placed on the wooden overhead garage door, and the Aurelia was kept under a cover for the next 49 years. In December 2012, the Jangs made the decision to sell the red Spider America, asking a trusted family friend to assist them in bringing it to market. The Jangs’ Spider America showed just over 28,000 original miles at the time of cataloging. The original gray leather interior is dry but mostly intact. The engine turns over freely in its dusty compartment and appears absolutely complete and original. The electrical system functions as it did in period, numerous factory markings have been found, and the entire car presents as only an undisturbed, low- 1955 Lancia Aurelia B24 S Spider America Lot 148, s/n B24S1097 Condition 2+ Sold at $592,758 Bonhams, Chichester, U.K., 9/15/12 SCM# 213436 1955 Lancia Aurelia B24 S Spider America Lot 58, s/n B24S1055 Condition 4 Sold at $138,000 H&H Auctions, Coventry, U.K., 3/14/09 SCM# 119857 1955 Lancia Aurelia B24 S Spider America Lot 176, s/n B24S1148 Condition 3 Sold at $406,995 Bonhams, Paris, 2/7/09 SCM# 119724 Sports Car Market Pawel Litwinski ©2012, courtesy of RM Auctions

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Aurelia B24 S Spider America 1123, sold for $803,000 at Gooding & Company mileage car can. The rare Plexiglas removable side windows were found stored along with the original tools, jack and spare wheel. The original rearview mirror and even the headlight rings, which have not been mounted on the car in over 50 years, were found in the lower recesses of the trunk. SCM Analysis Aurelia B24 S Spider America 1131 — restored — sold for $825,000, including buyer’s premium, at the RM Auctions Arizona sale in Phoenix, AZ, on January 18, 2013. Aurelia B24 S Spider America 1123 — unrestored — sold for $803,000 at the Gooding & Company auction in Scottsdale, AZ, on January 19, 2013. Back in 2011, I wrote a double profile on a pair of Siata 208Ss that were sold in the space of two days by rM Auctions and Gooding & Company (november 2011 Etceterini Profile, p. 44). It was a “compare and contrast” essay, focusing on what we appraisers call attributes of value in an effort to explain why two restored cars — both Pebble Beach veterans — could sell in arguably the same market $621,500 apart. This pairing of two Lancia Aurelia B24 S Spider Americas is a bit different — or at least appears so at first glance. You have a shiny restored car and a complete and rather original barn find, and you would expect them to sell at very different prices. Instead, these two seeming opposites brought almost exactly the same price. What? How can it be? The coming to auction market of these cars set the wires ablaze with speculation. Since Gooding’s sale of a B24 S convertible at their 2012 Scottsdale sale for $561,000, a question had hung in the air — if this was more than an anomalous outlier sale, did the historical record of Spiders selling for roughly twice as much as convertibles mean that a well-done Spider could sell for $1m? I knew that there were several owners holding Spider Americas in various states of dereliction, and that a number of them were eagerly awaiting the answer to that question. The nature of the two cars on offer in Arizona 2013 complicated the question. First, a pedantic point: Both cars were referred to as 1956 cars, due no doubt to the date on their titles. There are no 1956 Spider Americas, as all were built in 1955. Also, I will take another shot at debunking that hoary tale of the “Lost on the Andrea Doria Spider Americas.” It didn’t happen and couldn’t have happened, as the Andrea Doria sank in July 1956, when B24 convertible production was well under way. Although many Spider Americas were sold in 1956 (and some in 1957 as well), there is no record of any being shipped from Italy in 1956. So, when you read this tale again, immediately snort and roll your eyes. Barn find versus preservation I’ll not take a lot of time here to discuss — yet again — Barn Find Mania, but I will go over the difference between the phrase “barn find” and the word “preserved.” The 1953 Fiat 8V Ghia Supersonic that Gooding sold April 2013 53 Mathieu Heurtault, courtesy of Gooding & Company

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Etceterini & Friends Profile in Scottsdale, AZ, in January 2011 (they will offer it again at Amelia Island 2013, after this article went to press) is an almost totally original and well-kept “preserved” car. For example, 95% of the still-shiny paint is still on the car, the interior boasts original and still-supple leather, and it even had the hand-stitched cover that protected it on its journey from Italy to America when new. Moss never covered it, trees never grew through it, paint never flaked off of it (except on the passenger’s grab handle) and squirrels never nested in its engine compartment. It had various small touch-ups, some from the 1950s, some from a few years ago, and that’s about it. In contrast, most “barn finds” are cars which at some point in their history had been abandoned or at least neglected while parked, with corresponding deterioration. Even if a car has not been “preserved” in any real sense of that word, the appeal of a car that has not been taken apart for a restoration is still strong. It is especially so for cars such as these Lancias. Although they were built in serial production, the level of hand-finishing of panels is almost as high as in a one-off, bespoke vehicle. The doors fit on a particular car because they were essentially created for that particular chassis. Not a preservation car The Spider at Gooding (1123) had extraordinary panel fit, especially the doors. It was as if the gaps were drawn on a solid panel with a Sharpie marker. Was it a preservation candidate? not for me. The car had been at least partially repainted, prob- ably due to the everyday scrapes and dings a car in use acquires. The front bumper, with its neat original accessory middle protection bar, was slightly bent, evidence of a minor close encounter. So, while the paint might shine up a bit, why preserve it? Inside, the seat leather was like peanut brittle — split, cracked and ready to break off at the next touch. Some on the scene posited that it might be salvageable, but the matching leather trim strip at the base of the windshield had shrunk to invisibility, and it would have to be replaced. Once that was done, you couldn’t leave the old seats, and so on. But the car’s very originality — with the debris grilles 54 intact below the oil filler cap and the original pins in the soft top latches — makes it the perfect candidate for a correct, high-level restoration. A restored car with issues over at rM, their Spider had been the beneficiary of a very good restoration at an Italian specialist’s shop — and appeared to have been well used and enjoyed since. The later fitting of a nardi twin-carburetor manifold along with wire wheels were nice touches. however, the true nardi Kit also included revised camshafts, and there’s no men- tion of that. of course, cars that had the nardi equipment in period are much desired, and when properly documented, can command a healthy premium. The condition of the car as I examined it was rather more worn. For example, there was extensive deterioration of rubber gaskets, particularly those around the taillights. The pins in the soft-top windshield header latches were both incorrect and broken. There were areas showing extensive wear on the soft trim of the interior and the sides of the seats. More troubling was the front grille. The Lancia shield grille piece rests on a metal panel shaped to fit exactly along the sides and top. on this car, there was a space of approximately a quarter-inch on the right side. It was indication of either casual bodywork on the front end or the use of an improperly shaped replacement grille. In any case, it was not indicative of a car finished to the highest standards. At the very least the RM car (1131) would need a freshening, and once that starts, it generally becomes a restoration. I know, as I’ve been there. okay, I’ve now determined that to make either of our Spider Americas a really good example, some level of restoration is required. So, it makes some sense that they would sell for near-identical money, as they are both destined for the shop. That said, the RM car (1131) will need much less work. Why similar money for such different conditions? now we come to the prices paid. The Aurelia B24 Spider America is a fabulous car to drive, is one of the sexiest shapes to come from Pininfarina in the 1950s and showcases Lancia’s brilliant engineering. Compare the B24 Spider America to its near-contemporary — the BMW 507. The BMW is a beautiful car, but it is hardly groundbreaking and a complete cul-de-sac in the history of its maker. They have regularly sold for over $1m for years. The Lancia is at least its equal in use — if not in horsepower — and should be as valuable. If you agree that both of our subject Lancias should be restored and accept that a national/international-show-level restoration of a Spider America can easily run to $150k–$250k if there is nothing missing — or if that which is can be easily located or replicated — you then have a $1m car. That more wasn’t paid for the RM car proves that the buyer (and underbidder) did his homework and bid accordingly. That so much was spent for the car at Gooding (1123) demonstrates the value of a sound, honest and well-documented restoration candidate. I would have to call both of these cars correctly bought — even if well sold. ♦ (Introductory descriptions courtesy of Gooding & Company and rM Auctions.) Sports Car Market

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German Profile Column Author 1955 Porsche 356 1500 Continental Cabriolet There were some errors, admittedly nit-picky, on the car, but it also sported a lot of rare, desirable factory options by Prescott Kelly Details Years produced: Pre-A Cabriolets, 1949–55 Number produced: 1,698 Pre-A Cabriolets; 299 model-year-1955 cabs Original list price: Hoffman–East Coast: Normal 55-hp engine $3,695, Super 70-hp $4,584. Von Neumann–West Coast: Normal $3,845, Super $4,695 Current SCM Valuation: $75,000–$95,000 Tune-up cost: $300–$600 with N.O.S. wires and cap. Valve adjustment extra. Distributor cap: $12.95 Chassis #: Plate beside gas tank on passenger’s side; stamping on center of truck below gas tank; plate on A-pillar doorpost on driver’s side Engine #: On engine case under generator stand facing rearward Clubs: 356 Registry, 356 Club More: www.356registry.org Alternatives: 1955 Triumph TR2; 1955 Austin Healey 100/4; 1955 Chevrolet Corvette Chassis number: 60873 Engine number: 35295 • One of only 299 Pre-A cabriolets built in 1955 • A 1,488-cc OHV Type 546/2 flat 4-cylinder engine with dual Solex 32 PBI carburetors that makes 55 horsepower at 4,400 rpm • Spectacular Terra Cotta-over-Ochre color scheme • Delivered with rare factory options and accessories • Faithfully executed, show-quality restoration. • Documented matching-numbers engine • A perfect entry for leading concours and marque gatherings • Offered with Kardex, tool kit and owner’s manual • An exceptionally attractive and significant early Porsche SCM Analysis This car, Lot 131, sold for $310,750, including buyer’s premium, at Gooding & Company’s Scottsdale auction on January 13, 2013. One of this reporter’s eagerly anticipated Scottsdale cars was this stunning auction 1955 pre-A 356 Continental cabriolet that I closely examined in May 2012 at its owner’s car barn in San Diego. It was serial number 60873 with (factory build sheet) Kardex-matching numbers including a Type 546/2 1,500-cc normal 55-horsepower engine, serial number 35295, with gearbox 6438h1. It also featured Kardexmatching colors and a short list of interesting options. This cab was in a desirable color, Terra Cotta #5409, with a factory-specified ochre (yellow with a slight green tint) interior, top and boot. Pre-A cabriolets are fairly scarce by 356 standards. Total 1953 production was 615 cars, but with the advent of the iconic Speedster in 1954, cabriolet production 56 softened in 1954 and 1955 to 144 and 299 cars, respectively. Given the rust proclivity of 356s — and the decades-long lack of interest in these early cars — it is likely that fewer than half of those produced still exist, perhaps many fewer. Interest in pre-As began to grow with the new millen- nium and has continued to mount — albeit at less-thanbreakneck pace — and some major collections have added examples over the past 10 years. A name badge doesn’t make a model The Continental name badge deserves an explana- tion. Max Hoffman, the U.S. importer for Porsches at the time, wanted model names in the Detroit idiom. Hoffman proposed both “Continental” and “America” to the Factory. For a while, Porsche complied by producing cars with the Continental script, and those cars were sold in the U.S. and Europe. Famously, the use of the Continental badge came to a screeching halt when Ford Motor Company objected, citing prior use and registration — and in anticipation of their revival of the name on the über-luxury Continental II in 1956. There is nothing significant in terms of build specs about the Continental nameplate on a 356. It was just a piece of body trim — albeit one used for a very short time. It is unusual to have a fully restored pre-A cabrio- let cross the auction block, and pre-A 356 enthusiasts watched this car very closely. Joe Harris restored this car to a high — but imperfect — standard. Harris has a strong following and is well regarded, with his name often specified in auction listings and ads for cars he has restored. This cabriolet featured very 1954 Porsche 356 Lot 127, s/n 80032 Condition 2 Sold at $230,000 Dragone, Westport, CT, 5/19/12 SCM# 201672 SCM Investment Grade: B Comps 1954 Porsche 356 Lot 16, s/n 80032 Condition 2 Sold at $286,000 Gooding & Co., Pebble Beach, CA, 8/18/12 SCM# 209411 1953 Porsche 356 1500 Lot 171, s/n 60130 Condition 2 Not sold at $155,000 RM Auctions, Amelia Island, FL, 3/10/12 SCM# 197089 Sports Car Market Brian Henniker, courtesy of Gooding & Company

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good and consistent gaps and edges, but some plastic was used to achieve those results. Some of the obvious branded and numbered trim pieces were original restored items attributed to trim-meister Victor Miles of Ventura, CA. The optional leather interior similarly represented a lot of time and attention to detail. The engine was detailed, and the bottom, suspension and wheelwells demonstrated a thorough restoration. Small flaws added up For a “show-quality restora- tion,” however, there were some errors, admittedly nit-picky, on the car. According to Cam Ingram, this writer’s favored pre-A guru, these errors included: • Six-prong gold Porsche scripts were on the front and rear vs. the correct fiveprong aluminum versions; ditto the gold 1500 engine designation on the rear deck. • The paint preparation had some minor flaws. • The bumpers and rockers had poor quality reproduction trim. The antenna was not the original 90-degree version. The sun visors were relatively poor reproductions. • The case finish was off, and the engine case bolts were not the correct black oxide. The engine compartment also had incorrect sound-deadening vinyl. • Up front, both the spare-tire strap and the fuel-sending unit were incorrect, and the trunk sides had carpeting, where the vast majority of 1955s have one of two different vinyls. We have heard of one reportedly all-original 1955 with carpeting in the trunk. The saving grace is that most of these quibbles are fixable without spending much energy or money. Full of rare, desirable options A distinguishing characteristic of this car was its desirable option list: rare chromed bumpers, hood handle delete, an unusual (on a 356) Becker Mexico radio, the accompanying special shifter necessitated by the Mexico radio, and lap-belt brackets. During restoration, some accessories not on the Kardex were added, including body-mounted fog lights (although the restorer reportedly found the correct holes in the front panel), whitewall tires and louvered wheel trim rings. A nice toolkit, a key fob, and most of the owner’s manual kit components rounded out a fine presentation. The car reportedly had traveled about 300 miles since its restoration. It had never been shown. When is a lot of money not a lot of money? The car hammered sold at $282,500 — and it totaled $310,750 after buyer’s premium. After Gooding’s sales commission, the net realized was close to the private sale price set on the car almost a year ago, so perhaps this was a fair deal from that perspective. Pre-A aficionados were conflicted, however, because there were expectations that this striking cabriolet might hit $350,000. A Texas dealer reportedly bought this cabriolet, and it may be back on the market soon at a higher price. Let’s call this one slightly better bought than sold ♦ (Introductory description courtesy of Gooding & Company.) April 2013 57

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American Car Collector Profile 1955 Hudson Italia The cars cost $28,000 to build and sold for $4,800, so no one at Hudson wanted to take responsibility for the project by Carl Bomstead Details Years produced: 1954–55 Number produced: 26 Original list price: $4,800 Current SCM Valuation: $275,000– $375,000 Tune-up cost: $150 Distributor cap: $35 Chassis #: Firewall plate and stamping under passenger’s carpet Engine #: Upper right front side of block Club: Hudson Car Club More: www.hudsonclub.org Alternatives: 1956–58 Dual-Ghia, 1955–58 Facel Vega, 1952–53 Nash-Healey Roadster SCM Investment Grade: A Comps 1954 Hudson Italia Lot 217, s/n IT10011 Condition 2 Sold at $265,000 Chassis number: IT1002 H udson designer Frank Spring (who left Murphy Coachbuilders in the 1930s to join Hudson) contracted with Carrozzeria Touring of Milan to build 25 production models of his dream sports car. Touring created a Superleggera coupe with an alu- minum unibody built over a steel tub frame. Unique to the Italia were aircraft-style doors, custom bucket seats, Borrani knockoff wheels, air ducts in the body for brake cooling, and triple exhaust pipes that served as stop, brake and backup lights. Each car cost Hudson an amazing $28,000 to build, and they sold for $4,800. This car, body number 21, has had four owners. For the past 30 years it has remained in a private collection. The Pebble Beach-quality restoration was completed in 2012. SCM Analysis This car, Lot 5035, sold for $396,000, including buyer’s pre- mium, at Barrett-Jackson’s sale at Scottsdale, AZ, on January 19, 2013. Concept and dream cars have long been a stalwart of the automotive industry. Design ideas can be tested for public reaction and — more importantly — they bring people into the showroom to look at and hopefully drive home one of the more standard offerings. Chrysler, under the direction of Virgil Exner, per- 58 fected this with their relationship with Ghia and produced a steady stream of concepts that were heavily promoted. Hudson had caused a stir within the automotive industry in 1948 when they introduced the edgy “stepdown” models. They made another big splash when they dominated nASCAr in the early 1950s. Still, hudson was drastically losing market share to nash. They desperately needed some excitement to recapture the public’s interest. Lacking funding to create a new model, Hudson’s chief designer Frank Spring turned to Milan’s Carrozzeria Touring. A Hudson Jet was shipped to Italy and, based on Spring’s sketches, a new aluminum Superleggera body was formed over tubular framing. The dramatic result featured a wraparound windshield, doors that were cut 14 inches into the roof, and a stance that was 10 inches lower that the Jet. Flashy — even in the 1950s To say that the styling was flamboyant would be an understatement. Over the headlights, large V-shaped scoops supposedly cooled the brakes, but in reality the only thing they cooled was the top of the fender. The front bumper features an inverted “V” and on the rear fender, three stacked chrome tubes emerged from scal- 1955 Hudson Italia Lot 19, s/n IT10022 Condition 1Sold at $352,000 Worldwide, Auburn, IN, 9/2/11 SCM# 184450 RM Auctions, Monterey, CA, 8/17/12 SCM# 209612 1954 Hudson Italia Lot 290, s/n IT1001 Condition 1Sold at $275,000 RM Auctions, Amelia Island, FL, 3/14/09 SCM# 119926 Sports Car Market Courtesy of Barrett-Jackson

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loped cutouts, and lights in the tips indicated brakes, turn signals and backup. Reports vary as to the number of Italias that hudson commissioned from Carrozzeria Touring. Some say 50, while others state 25 for homologation for entering the American Class of the Mexican La Carrera road race. Regardless of the motive, 25 — plus a prototype — were built, and 21 are thought to have survived. Even at a cost of $4,800, dealers placed orders for 19 Italias in the fall of 1953, but the pending merger with American Motors brought an abrupt end to the project, and six of the Italias remained in Europe. They reportedly cost $28,000 to build, and no one at Hudson wanted to explain the project to the powers that be at the new American Motors Corporation. Sales Manager Roy Chapin was ordered to “get rid of those cars.” Back from corrosion hell Racer Lance Reventlow originally bought the Italia sold at Barrett-Jackson. Reventlow took it to his Hawaii residence. He was killed a year later in a small-plane crash, and the car was subsequently acquired from a used-car lot and shipped to the East Coast. The consignor acquired it some 30 years ago, and he stated that the aluminum body was heavily corroded because of exposure to the moist Hawaiian climate. The extensive restoration began several years ago, and the chal- lenge was to reinforce the car’s notoriously weak midsection. The result is a restoration to an exceptional standard. noted collector Don Williams, after viewing the Italia displayed in the Barrett-Jackson Salon Collection, found it flawless, which is certainly heavy praise. The consignor also had a special Italia rug created to accent the presentation. A top-quality Italia Even with so few Italias constructed, we have two others that have recently come to market as comparisons. Worldwide, at their 2011 Auburn sale, sold 10022 for $352,000. It was a correctbut-older would need a respray, interior work restoration and brightwork to be comparable to the example offered by Barrett-Jackson. RM, at their August 2012 Monterey sale, offered 10011, and it realized $265,000. It had been hastily restored, as the bumper had been cut to facilitate plating, the side spear was incorrect and the badges were incorrectly placed. It would be an expensive proposition indeed to bring either of these cars to the level of correctness and quality of restoration exhibited in our subject Italia. As a result, this Hudson Italia was off the market by at least $50k–$75k, and the buyer went home with a screaming deal. ♦ (Introductory description courtesy of Barrett-Jackson.) April 2013 59 that some

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Race Car Profile 1953 Allard JR Le Mans Roadster Allards have simple, relatively flexible chassis with simple, relatively inflexible suspensions and insane amounts of horsepower by Thor Thorson Details Years produced: 1953–55 Number produced: Seven Original list price: $12,000 Current SCM Valuation: $550,000– $650,000 Cost per hour to race: $750 Chassis #: Tag on frame, left side under headers Engine #: Boss on left front of block Club: Allard Owners Club Website: www.allardownersclub.org Alternatives: 1950–53 Jaguar C-type, 1953–54 Ferrari 375 MM, 1953–56 Aston Martin DB3S Comps Chassis number: JR3403 • Estimated 350-hp, 365-ci Cadillac overhead valve V8 engine with dual four-barrel carburetors, 4-speed manual transmission, semi-independent front suspension with split axle, rear De Dion axle with coil springs and tubular shock absorbers, and Lockheed four-wheel hydraulic brakes • One of only seven Allard JRs built • One of two factory entries to the 24 Hours of Le Mans in 1953 • Driven 145.35 mph by Zora Arkus-Duntov down the Mulsanne Straight wheels and huge powerplants. Cornering at speed was a challenge as a result of Sydney Allard’s affection for a semi-independent front suspension. Allard’s J2X cycle-fendered sports cars looked B 60 both brutal and beautiful, but Sydney knew they were aerodynamically disadvantaged on longer circuits such as Le Mans. Accordingly, the new envelope-bodied and streamlined JR model was introduced for 1953. These were essentially mechanically identical to the J2X, although seriously modified for circuit racing. Only seven JRs were built, with two cars serving as factory entries at the 1953 24 Hours of Le Mans. SCM Analysis This car, Lot 115, sold for $605,000, including buyer’s premium, at RM’s Arizona Auction on January 18, 2013. This car also sold at RM’s Monterey auction in August 2007 for $341,000, and I wrote a profile of it then eautiful or brutal — take your choice — these Allards were the epitome of early 1950s sportscar design, with their slim alloy bodywork, cycle fenders, flashy knockoff mounted wire (november 2007 race Profile, p. 62). This means that the guy who raised his paddle at Monterey got to enjoy a very rare Allard for about five and a half years while getting about a 12% annual return on his investment. not too bad a deal, and it brings up a number of interesting speculations regarding the investment side of our hobby: Was he astute? Was he lucky? Are there lessons we can learn from the story? The answer is probably yes to all of the above, and we will discuss that later, but first — for those who either missed or don’t remember the original profile — let’s do an Allard brush-up. Allard history Maybe the best way to start is to explain that the early 1950s were a time of major change in most aspects of automobile racing, and the cars of the era fell into two basic groups: the cars of the 1940s (really the concepts of the late 1930s) and the cars that presaged the modern era. The cars of the first group tended to be simple and very robust to survive bad roads and tracks — and fundamentally reliant on horsepower to get things done. The best examples of this group are Allard, Talbot-Lago and Ferrari. Second-groups cars included Jaguar (C-type), Aston Martin (DB3S) and Mercedes (W-194/300SL), and they were at the forefront of developing light, stiff chassis with relatively sophisticated suspension designs and conscious aerodynamics that introduced finesse and handling into the mix. They were the future. Sydney Allard was a hot rodder of the old school, and his cars reflected it. he started out in the pre-war years in English Trials — sort of a wet motocross for cars — Sports Car Market 1953 Allard J2X Lot 997, s/n 3152ALLARDJ22X Condition 2 Sold at $399,600 Barrett-Jackson, Scottsdale, AZ, 1/26/05 SCM# 36964 1953 Allard J2X Lot 68, s/n J2X3144 Condition 4+ Sold at $258,000 Gooding & Co., Scottsdale, AZ, 1/17/09 SCM# 119216 1953 Allard J2X Lot 155, s/n 155 Condition 2 Sold at $171,600 RM Auctions, Auburn Hills, MI, 7/31/04 SCM# 34406 Scott Miller ©2012, courtesy of RM Auctions

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where he learned to appreciate strong frames and suspensions that couldn’t break. In the early post-World War II years, he dabbled in hillclimbs, where he learned to appreciate cheap, reliable horsepower. These lessons were combined in the Allard production cars — both road and race versions — that valued strength over subtlety. As an amusing aside, construction aesthetics were overlooked as well: In my first “professional” restoration, a J2X, we discovered horrible welding splatter and even stuck welding-rod chunks still attached to the frame. When we pointed it out we were told, “no, don’t touch that stuff, it’s what proves that it’s a real Allard.” The J Series cars The Allard Company produced a wide variety of models based on a common mechanical package, but the pride of the lot were the racing-oriented sports cars: the “J” series. The first J was basically a prototype, followed by the J2, which established the familiar cycle-fendered Allard profile. It was followed by the J2X, in which the frame was stretched and the engine moved forward seven inches — thus allowing Americans with legs to fit into the cockpit. Allard did very well at Le Mans in 1952 but got into a problem in 1953 when the French organizers outlawed cycle fenders. In response, Allard used two approaches. The first, called the J2X LM, basically took a normal J2X and added an enormous single-piece bonnet to cover the front wheels. The second approach was to build an entirely new body on the shorter J2 chassis, which allowed a much smaller, more svelte and aerodynamic racer in the JR. The mechanical packages remained essentially identical among all of them. A V8 guy As to engines, the hot rodder in Sydney Allard far preferred the relative light weight and compact dimensions of a V8, but England didn’t produce anything worth using, so he incorporated American V8s into the design (virtually all of his cars were being exported to the United States anyway). First he used the Ford flathead V8, but in 1949 Cadillac produced what was basically the first “modern” V8 in their 331. It used newer casting techniques for light weight, five main bearings, and cutaway “slipper” skirts on the pistons to tightly clear the crankshaft, allowing a much more compact design. It made more torque and horsepower than its predecessor and weighed 200 pounds less. As soon as he could get his hands on them, they became the preferred power for Allards (Chrysler Hemis came along a few years later). Remember that the mechanical package in all Allards is effectively the same, and that includes the front suspension. In his trials days, Allard learned to split a Ford solid front axle in half and pivot it in the center, which allowed the front wheels to move separately and was unbreakable (nice for muddy potholes) but didn’t really save any weight and created a truly appalling swing-axle front geometry (I recall being asked about the “crimes against nature” suspension design at Monterey Tech inspection one year). On a smooth track it isn’t too bad, but on a bumpy road Allards can be a real handful: On an early Colorado Grand they closed a road for a timed speed run and I went through the trap in a J2 at 108 mph — which was 3,400 rpm. I didn’t dare go any faster on the narrow, crowned road. It was one of the scariest things I’ve done, and I drive racing cars all the time. Sydney liked the suspension, though, and it survived in virtually every Allard. To recap, then, Allards are the classic example of the old-style racing cars of the early 1950s: simple, relatively flexible chassis with simple, relatively inflexible suspensions and insane amounts of horsepower for the weight. Whether they are fun to drive depends on your definition of fun, but they were — and remain — remarkably effective tools for the business of winning races. Finishing well (then or now) is very different from collector desirability now, and the racing Allards have never carried more than a fraction of the value of the far more user-friendly and comfortable C-type Jags and Astons of the era. Very collectible, but not top tier Allards, and particularly the JR, remain highly col- lectible, although they’re just on a lower plane than the heartthrob stuff. From an investment standpoint, which is the better place to be? A C-type in ’07 was worth about $3 million and is worth about $4 million now, which my calculator says is a 5.5% annual return, more or less. So, for the time between 2007 and 2013, the Allard did far better. It may be more complex than that, as different cars seem to appreciate in spurts: C-type Jags and Astons had a huge jump in value in the late 2000s, but they then more or less stalled. The Allard and secondtier cars may have had a similar but trailing spurt that matched the 2007–13 time slot better. no matter — the JR appears the more astute investment. Too much discussion of investment qualities is not good, though. The most basic rule is to buy cars that you want and can afford because you love them, and I hope that approach was and remains the operative motivation for both the seller and the buyer of this JR. nobody knows where the market is going to go: All we know is how much fun we can have along the way, and that is why we should be doing this. I’d suggest that this car was fairly bought and well sold. ♦ (Introductory description courtesy of rM Auctions.) April 2013 61

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Race Car Profile The Cumberford Perspective Still brutal, but less desirable By Robert Cumberford “I gnorance is bliss,” wrote Thomas Gray in 1742, and that seems to apply to a great many primitive sports cars with sketchy bodywork and cycle fenders, such as the brutally attractive Allard J2 — especially when fitted with double side-mounted spare wheels. But once you try to envelop all the mechanical elements of a car, not knowing design results in something as homely and back-yardlooking as this poor JR. Not knowing how to deal with complex surfaces really shows up in several places on this “aerodynamic” body — chiefly in the tortured front fender tips straining to merge into the headlamps and the four wheel openings moving from holes in the sides to cut into the highlights of the fender profiles, but also in the clumsy nose-fender intersection inboard of the squared-up grille. Yet the amateur who designed the body (Sydney Allard himself?) achieved some very nice elements, such as the graceful curve of the sill (on the right side) and the subtle rise of the rear fenders behind the doors. The round cover for the spare tire is rather nice as well. All that was needed to make something wonderful was an Italian metalworker with an innate sense of form. ♦ 7 1 4 5 2 6 3 FRONT 3/4 VIEW 1 It’s strange to have the headlamps as the foremost part of the car, especially at the end of rotund fenders with inverse curves in profile. 2 The overall grille shape is attractively simple, but the detailing of the curved vertical elements inside the opening visually clashes with the sheet-metal inner shroud. 3 If they’d known what has been learned about aerodynamics in the past 60 years, this flat panel might have been made much larger, an effective under-nose spoiler. 4 Here you can clearly see that the opening was cut into 8 the body form without the least modulation to keep the opening on the side only — and not roll into the top. 5 The central portion of the upper body is almost a plain, flat-wrapped surface, while the bottom is artfully shaped and swept upward toward the front wheel opening. 6 This bulging panel looks odd, but it is probably actually a lower-drag form than the cleaner and more classical shape on the other side of the car. REAR 3/4 VIEW 7 These tiny lamps seem irrational to us now, but they represent the bare minimum for acceptable rear lighting, 9 with minimum weight — but maximum vulnerability. 8 The entire rear body is much more artfully shaped than the front, and this round tire cover fits the plan view very nicely. 9 The soft rise of the fender profile over the rear wheels is subtle and elegant enough to make one wish the rest of the car were as successful. 10 Once again the wheel opening is bigger than need be and interferes with the surface flow, breaking the profile highlight. 11 The protruding fender looks as awkward from behind as it does from the front. 10 12 This little additional piece of the lower body is curious. There must have been a good reason for it, but it’s not at all obvious. INTERIOR VIEW (see previous page) The immaculate interior shows clearly that this is a splendid restoration. Even when this was a new racer long ago, the cockpit was probably never this clean and scratch-free. The instrument ergonomics are disastrous, but the overall effect of the ensemble is of purposeful simplicity. One is aware that the floor is very high, which is far from modern practice. 11 62 12 Sports Car Market

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Market Reports Overview Valuable Cars Get More Expensive A 1958 Ferrari 250 GT LWB California Spyder sold for $8.3m, and a 1960 250 GT SWB Competizione coupe sold for $8.1m By Tony Piff even more expensive. The majority of the increase came from three auction houses — Gooding, RM and BarrettJackson — who each grew their sales by more than $10m. They also each increased their average price per car sold. Barrett-Jackson is the volume leader of the week, and T their 1,331 sales represented 59% of all cars sold. They expanded by fewer than 50 cars this year, but a substantial chunk of that growth was high-dollar Salon Collection cars offered with a reserve. The result: 10 cars sold above $1m this year, compared with zero million-dollar cars just two years ago. Sales surged to $102m from $90.4m — only the second time in history that an Arizona auction has broken the $100m mark. (Barrett’s 2007 Scottsdale sale totaled $108m.) Average price per car hit $77k, up $22k from the pre-Salon days of 2011. The top sale was the original George Barris-built Batmobile, sold at $4.6m. Tied for second place at $2m were a 1947 Talbot-Lago T26 Grand Sport and the ex-Clark Gable 1955 Mercedes-Benz 300SL Gullwing. Both Gooding and RM opted to scale back their sales, consigning fewer cars than in years past. For both auction houses, the decision was rewarded with massive payoffs. RM Auctions reduced consignments to 84 from 140 last year and shortened their sale to one day. They maintained their always-stellar sell-through rate of about 90%, overall totals rose to $36.4m from $25.7m, and average price per car more than doubled, leaping to $485k from $203k. Five out of the top 10 lots wore the Prancing Horse emblem. A 1960 Ferrari 250 GT SWB Competizione coupe sold for $8.1m, a 1967 275 GTB/4 made $1.8m, a 1954 Europa coupe found $1m and a 1966 275 GTB brought $1.3m — the same money paid for a 2003 Enzo. 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 66 he Arizona auctions didn’t consign more cars than ever this January, nor did they sell more cars. So how did combined total for the week jump by $40m over last year? The answer is simple: High-line cars got http://bit.ly/ZOf8zr Sales Totals Barrett-Jackson, Scottsdale, AZ Gooding & Company, Scottsdale, AZ RM, Phoenix,AZ Russo and Steele, Scottsdale, AZ Bonhams, Scottsdale, AZ Silver, Fort McDowell, AZ $3,010,068 $13,455,950 Gooding & Company stuck to their two-day format but offered just 105 cars, compared with 118 last year. Sales rocketed to $52.5m from $39.6m, an increase of $12.8m, or 32%, and average price per car ballooned to $520k from $342k. Twelve cars made it into the seven figures here, including two more 250 GTs, one of which was the most expensive car of the entire auction week: a 1958 250 GT LWB California Spyder, sold at $8.3m. Going down the line, a 1959 Porsche RSK brought $3.1m, a one-off 1957 Maserati 150GT spider fetched $3.1m and a 1935 Mercedes-Benz 500K Cabriolet A found $2.8m, eclipsing the $1.3m paid for the 1938 540K Cab A at Bonhams by a wide margin. Bonhams enjoyed growth of nearly 100% at their second annual Arizona sale. They sold 92 out of 112 cars consigned, up from 46 out of 67 last year, and sales grew to $13.5m from $6.9m. Hot on the heels of the 540K Cab A were a 1972 Lamborghini Miura SV, sold at $1.2m, and a 1930 Bugatti Type 46 “La Petite Royale” faux cabriolet, at $951k. Average price per car held rock-solid at $146k. Average price per car stayed under $50k at Russo and Steele Scottsdale and Silver Fort McDowell. You’ll find highlights from these auctions in the Roundup. This issue, we also take a look at another January auction institution in the Southwest: the Las Vegas motorcycle sales conducted by Bonhams and MidAmerica. Lastly, Chad Tyson wraps up the market reports with a look at diesel-powered collectibles for his eBay column. ♦ Top 10 Sales This Issue (Land Auctions Only) 1. 1958 Ferrari 250 GT LWB California Spyder, $8,250,000—G&Co, p. 88 2. 1960 Ferrari 250 GT SWB Alloy-bodied Competizone coupe, $8,140,000—RM, p. 102 3. 1966 Lincoln Futura Batmobile, $4,620,000— B-J, p. 76 4. 1959 Porsche RSK Roadster, $3,135,000—G&Co, p. 84 5. 1957 Maserati 150GT prototype Spider, $3,080,000—G&Co, p. 86 6. 1935 Mercedes-Benz 500K Cabriolet A, $2,750,000—G&Co, p. 82 7. 1933 Duesenberg Model J disappearing-top convertible, $2,695,000—G&Co, p. 90 8. 1958 Ferrari 250 GT coupe, $2,365,000—G&Co, p. 88 9. 1938 Bugatti Type 57C Atalante coupe, $2,035,000—G&Co, p. 82 10. 1947 Talbot-Lago T-26 Grand Sport coupe, $2,035,000—B-J, p. 70 1. 1928 Stearns-Knight F-6-85 rumbleseat roadster, $126,000—Bon, p. 120 2. 1935 Mercedes-Benz 500K Cabriolet A, $2,750,000—G&Co, p. 82 3. 1974 Jaguar XKE Series III convertible, $77,000—RM, p. 98 4. 1975 Triumph TR6 convertible, $10,800—Sil, p. 126 5. 1974 BMW 2002 tii 2-dr sedan, $9,625—R&S, p. 130 Sports Car Market Best Buys $17,777,260 $102,320,190 $52,492,450 Scan this code with your smartphone for complete results of each auction covered in this issue, or go to URL listed (left) $36,415,800

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Barrett-Jackson Scottsdale, AZ Barrett-Jackson Scottsdale The sales rate was a stellar 99%, with 1,331 cars sold out of 1,335 consigned, totaling $102m Company Barrett-Jackson Date January 13–20, 2013 Location Scottsdale, AZ Auctioneers Assiter & Associates: Tom “Spanky” Assiter, lead auctioneer Automotive lots sold/offered 1,331/1,335 Sales rate 99% Sales total $102,320,190 High sale 1966 Batmobile, sold at $4,620,000 Report and photos by Dan Grunwald Select photos courtesy of Barrett-Jackson Market opinions in italics dance. The auction catalog was more than an inch thick and weighed more than four pounds. The sales rate was a stellar 99%, with 1,331 cars sold out of 1,335 consigned, totaling $102m. There were six auctions in the Scottsdale E area during this week, with a combined 2,263 cars sold among them for an overall total of $225m. Fifty-nine percent of those cars and 45% of those dollars came from BarrettJackson, which sold almost 400 more cars than all of the other auctions combined. I had seen a preview of the Salon Collection at the Barrett-Jackson Las Vegas auction in September, and my expectations were high. Even at that, I was amazed at the quality and quantity of world-class automobiles on offer here this year. The top 10 cars all exceeded $1m. The star of the event and the top-selling car was the original Batmobile, built by George Barris for the 1960s TV show and movies, sold at $4.6m. It was not really my cup of tea, but who can argue with success, or with the new owner, Rick Champagne, who is putting it in his living room? More my style 68 verything about Barrett-Jackson is larger than life. This year was spectacular and bigger than ever, with 300,000 people reportedly in atten- Original Batmobile, sold at $4,620,000 Buyer’s premium 10%, included in sold prices was the Clark Gable 300SL, which brought $2m. It went unsold on the block but was announced as sold within 10 minutes of leaving the podium. A 1956 Chrysler Diablo concept car and a 1947 Talbot-Lago T26 set big-money records for a concept car and for a T26 at $1.4m and $2m, respectively. The largest collection of Shelby cars ever offered in one place was also here this year, and all sold except the 1968 “Green Hornet” Shelby EXP500 prototype. There were plenty of good cars outside the main tent as well. The majority were good #2 drivers, drivable on any sunny day just for fun. If you needed to purchase your fantasy Corvette, Mustang, Mopar, Jag, VW or MG, you had a lot to choose from here. A 1954 MG TF ready for “show or go” sold for $34k and seemed like a very fair deal. At the complete opposite end of the spectrum, but possibly one of the best buys of the event, was a 2009 Spyker C8 convertible with just 500 miles on the odo. It sold for $165k — a fantastic discount compared with the $220k-plus paid for other examples recently. There are always a number of “starter” cars that will give great fun for under $10k if you really look hard — such as the 1963 Chevrolet Nova sedan with a 6-banger under the hood, showing just 31k original, believable miles, which sold for $6k. I could hardly fathom, however, the $11k paid for a 1990 Yugo GVC, even with just 364 miles, even if it was a convertible, and even if it was the top trim level for the marque. Other notable lots in the “well sold” column would include a rarely seen Porsche 959 at $440k, and yet another Volkswagen 21-window Samba bus breaking the $100k mark, selling for $110k. The old-car hobby is thriving, and the prices are holding up well, with many new buyers stepping up for the car they dreamed of when they were younger, and are still dreaming about today. ♦ Sales Totals $20m $40m $60m $80m $100m $120m 0 Sports Car Market 2013 2012 2011 2010 2009

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Barrett-Jackson Scottsdale, AZ DUTCH #5018-2009 SPYKER C8 convertible. S/N XL9AA11GX9Z363215. Black/black cloth/tan leather. Odo: 500 miles. Presents as brand new, as one would expect from an original 500-mile car. With 6-speed manual transmission. 40-valve V8 puts out 400 hp from the engine consists of two R-R 6-liters coupled side-by-side to a drive unit. Dash has full complement of gauges, 45 in total, some of which show patina consistent with 1920s manufacture date. Cond: 1-. SOLD AT $374,000. Designed and built by Gary Wales in Woodland Hills, CA, as a 10-year project to honor the Rolls and Bentley motorcars. Parts from the Silver Ghost to the Bentley Azure were used, modified or custom made to fit this extraordinary creation. Another “one of one” with excellent workmanship that couldn’t be replicated for the price paid. Well bought and sold. mid-engine layout. Cond: 1-. SOLD AT $165,000. Montana plates on the car. Good luck finding a factory maintenance guy in Montana. Barrett-Jackson sold a 2010 Spyker at Palm Beach 2012 for $220k (SCM# 197615) and a 2009 Spyker Laviolette at Scottsdale for $248k (SCM# 194148), which makes this one look like a bargain. ENGLISH #5040-1938 ROLLS-ROYCE PHAN- TOM III Sedanca de Ville. S/N 3CM61. Black/tan leather. Odo: 82,831 miles. A few scratches on steering-wheel hub. With wicker side panels and original engine and coachwork. V12 and a 4-speed transmission push this 8,000-lb Rolls. Twin ignition systems with has chips. Could be a converted RHD car, as speedo is on the right side. Cond: 2+. SOLD AT $34,100. A really nice summer driver and local show-winner. The buyer and seller should both be satisfied here. #970.1-1966 AUSTIN-HEALEY 3000 Mk III BJ8 convertible. S/N HBJ8L36767. White & black/black cloth/black leather. Odo: 59 miles. Fresh restoration with new paint, chrome, interior, wiring and suspension. Wood-rim steering wheel and wood shift #708-1954 MG TF roadster. S/N XPAGTF53384. Red & orange/tan cloth/brown leather. Odo: 5,028 miles. Good paint and generally good chrome. Some distress on chrome windshield-surround. New top, interior, side curtains and chrome luggage rack. Windshield rear glass. Both door gaps variable. Cond: 2-. SOLD AT $24,200. Called a 2+2, but really a 2+¾ if you ask me, as the rear seat is too small for humans. The automatic trans might have let it down a bit as well, but I say this is fair to both parties. FRENCH #5013-1927 BUGATTI TYPE 38 tourer. S/N 38243. Blue/black leather. A few paint chips visible on hood hinge at front tow ring. Some nickel plating showing its age as well. Engine rebuilt in 2008. Cond: 2. SOLD AT $715,000. An interesting Bugatti four-seat Blue/blue cloth/blue leather. Odo: 3 miles. Body-off rotisserie restoration to concours standard, using the national Austin-Healey Club concours guide for reference. The trunk gaps appear not to be uniform, but all else presents as new. Cond: 1-. SOLD AT $90,200. Beautiful restoration and a very strong price. A top car priced at the top of the market. #366-1968 JAGUAR XKE 2+2 coupe. S/N J681E78156BW. Yellow/black leather. Odo: 8,480 miles. Numerous hood edge chips and micro-pitting and dull areas in bright trim on both sides. Heavy pitting on knockoff hubs. Taillight trim dented. Scratches on front and 24 spark plugs ensure that this car will not “Fail to Proceed” (in Rolls-Royce jargon). Cond: 1-. NOT SOLD AT $400,000. Said to be one of two, and surely one of the finest Park Ward classic rolls-royces ever built. It did not “Fail to Proceed,” but it did “Fail to Sell.” Market-correct high offer. #5005-1939 BENTLEY ROYALE con- vertible. S/N B160EX1. Maroon/black cloth/ biscuit leather. Odo: 2 miles. An essentially new old Bentley never-was. Hand-built using fabricated parts as well as period-correct parts from vehicles from 1921 to 1997. 16-cylinder knob. Excellent shape. Cond: 1-. SOLD AT $77,000. A very well-done BJ8 that was a decent buy compared with Lot 994, sold for $90k, which might have been a better color but didn’t really strike me as a better car. I would call this well bought. #994-1967 AUSTIN-HEALEY 3000 Mk III BJ8 convertible. S/N HBJ8L25760. open touring car that appears ready to be driven in any event its new owner desires to enter. Record price for a Type 38, according to the SCM Platinum Database. Gooding sold a Type 38A at their Scottsdale event a year ago for $495k (SCM# 191593). Well sold. TOP 10 No. 10 #5019-1947 TALBOT-LAGO T26 Grand Sport coupe. S/N 110113. Black/red leather. Odo: 1,834 miles. 70 Sports Car Market

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Barrett-Jackson Scottsdale, AZ Rare short-chassis two-seat coupe with Franay coachwork. Restored in 2004 and said to have all its original body panels, engine and chassis. Gorgeous black paint. Cond: 1. SOLD AT $2,035,000. Believed to be one of three with this specification. Beautiful, perfect, rare and very well sold. #5016-1949 DELAHAYE 175 coupe. S/N 815044. Cream & blue/cream leather. Odo: 1,211 miles. Originally shown at the 1949 Paris Salon as the one-off Delahaye show car with body by Saoutchik. Beautiful two-year, concours-level restoration by Mike Fennel Restoration in California, including such details as push-button doors and 14K gold-plated interior fixtures. Presents as truly flawless. An iconic example of the great French coachbuilt classics. Cond: 1. SOLD AT $1,210,000. First owner was Jack Pry of Washington, D.C., who reportedly paid $20,000. Also boasts Bill harrah, Tom Barrett and J.B. nethercutt as prior owners. This car sold for a mere $440k just two years ago at Gooding’s 2010 Pebble Beach sale (SCM# 165770). A fabulous car, fabulously well sold. GERMAN #5029-1914 MERCEDES 28/60 town car. S/N 1059KK. Blue/gray cloth. Odo: 9,837 miles. Two cars. Originally built with a torpedo tourer body in 1914, but re-bodied in 1917 as an open-front town car, as it sits today. Original tourer body discovered in 1997, duplicated by Crailville of London and set on a polished wood display chassis. Equipped with electric headlamps, opera lights, roll-up Cond: 1. SOLD AT $2,035,000. The 1955 300SL came with a space frame, aluminum hood and doors, fuel injection and a 160 mph top end. This car will always be an icon of automobile design, engineering and Hollywood history. Looked like a no-sale on the block but was called “sold” 10 minutes later. Strong price, but the provenance made the difference. #963-1967 VOLKSWAGEN TRANS- PORTER 21-window Samba bus. S/N 257130236. Blue & green/blue & green vinyl.1,700 miles. Complete custom interior in the “Scooby-Doo” cartoon motif. All-new paint with large flowers and Scooby image on wheel center caps. Four-wheel disc brakes and Cond: 1-. SOLD AT $198,000. Built at the Fiat plant in Poughkeepsie, nY (you read that correctly). The catalog called this 9-liter, 40-cylinder, 60-hp speedster “Americas fastest pre-war luxury automobile.” Built before Tony started fixing Fiats again. Well bought and sold. #5046-1925 ISOTTA FRASCHINI 8A S a Freeway Flyer transmission with a 2,006-cc rebuilt engine. Cond: 1-. SOLD AT $110,000. All new inside and out and very well done, as a much-better-than period “hippie wagon.” The hippies must have more money now than they did when I was young. over-the-top price. #5011-1986 PORSCHE 959 prototype windows, hat nets, jump seats and roof-top luggage rack. Documented with Mercedes build sheets. Shown at Pebble Beach 2011. Cond: 1-. SOLD AT $962,500. One driver and one display-only body set on a wood chassis made for some interesting bidding. One of the rarest, most luxurious and most prestigious automobiles of its era. It is said that competent craftsmen could exchange the bodies in one day’s time. no comps here, but price paid seems about right for what it is. 72 coupe. S/N WPOZZZ93ZFS010067. White/ maroon cloth & leather. ABS development car. Said to be one of 29 prototypes built. Most were destroyed, making this one of only four thought to survive. Complete with pre-production tires and wheels. Legalese states that this car “may not comply with laws and regulations for driving on public roads.” They probably won’t be able to catch you anyway. Cond: 2+. SOLD AT $440,000. The 959’s twin sequential turbos with water-cooled heads, AWD roadster. S/N 720. Corsica Red & black/black leather. Odo: 13,108 miles. Recent repaint and shown at Pebble Beach 2012. Rebodied in the 1930s as a two-seat boattail by Corsica Coachworks of London. Complete and fully docu- #5001-1955 MERCEDES-BENZ 300SL Gullwing. S/N 3500323. Silver/red leather. Odo: 85,500 miles. Beautifully restored by Paul Russell. Airtight provenance and documentation. Fitted with original luggage, toolkit, Rudge wheels and Nardi wood-rim steering wheel, as ordered new by Clark Gable. and light weight earned it the title of “fastest street-legal production car” in 1986 at 197 mph. This is big money today for a 959, but early 911 prototypes now sell at 10X over what a regular early 911 is worth. So this may be a very shrewd buy for the wealthy enthusiast making a good bet for the future. ITALIAN #5008-1913 FIAT TIPO 55 speedster. S/N 211. Red/black leather. Odo: 2,730 miles. Some light scratching visible on fenders. Lots of brass. Two spare tires for the 37-inch wood spoke wheels. A new-cast cylinder engine block and radiator matrix have been installed. mented history. Cond: 1-. SOLD AT $935,000. This car was located in South Africa, where it was disassembled and cataloged in the early ’50s and finally reassembled and restored in l985 over five years. Top-of-themarket price. Sports Car Market

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Barrett-Jackson Scottsdale, AZ #7-1982 ALFA ROMEO SPIDER Veloce convertible. S/N ZARBA5415C1015085. Gray/black cloth/tan leather. Odo: 91,537 miles. Beautiful restoration including interior, paint and engine. Slight rash on front bumper rubber and tiny crack in taillight lens. Rubber 1917 Pierce-Arrow, and the owner loved it so much she later had it mounted on a 1937 Packard chassis with a V12 and 3-speed manual transmission. Updated with an alternator and new wiring. History in the Rockefeller and Harrah Collections. Cond: 1-. SOLD AT $77,000. Looking at a photo of this car, you would never guess it’s a 1937 Packard. As a one-off, comps are hard to work into the equation, but I have to call this sale fair to both parties. #5028-1919 PIERCE-ARROW MODEL bumpers front and back. Looks all original and all new. Cond: 1-. SOLD AT $22,000. A Portland, OR, car all its life. The over-the-top sales price reflects the well-done restoration, as well as the popularity of the marque. YUGOSLAVIAN #722-1990 YUGO GVC convertible. S/N VX1BF2518LK446668. Yellow/black cloth/ gray cloth. Odo: 364 miles. Some paint chips on panel edges and cracks and flaws in the trim paint. Some wheel finish flaws on alloy wheels. 364 miles of driving dirt on the engine. Interior still looks new. Yugo started selling in the U.S. in 1985 courtesy of Malcom 66 A-4 roadster. S/N A4562. Eng. # A4562. Purple/gray cloth/gray leather. Odo: 18 miles. In original purple color with dual spotlights and burlwood dashboard. Restored in 2006 and placed First in Class at Pebble Beach 2007. Originally purchased by silent movie star Roscoe “Fatty” Arbuckle. Coachbuilt by lower, lighter and better balanced, and also eliminates the need for running boards. Cond: 1-. SOLD AT $275,000. Conceived by William J. Muller, who was a development engineer for Budd and Briggs. Said to be one of 19 in existence today. A great marque that could have been better than the Cord if there had been money available to build more cars. I think this one was a bargain. #5031-1934 PIERCE-ARROW SILVER ARROW coupe. S/N 2580180. White/gray cloth. Odo: 44,511 miles. Body-off restored in the 1990s and still outshines most fresher restorations. Excellent paint, trim, interior. One of five production Silver Arrows, built to capitalize on the success of the New York Auto Don Lea Coachworks in Los Angeles on an A-4 chassis. The lead designer was a young man by the name of Harley Earl. Titled by engine number. Cond: 1. NOT SOLD AT $1,100,000. On this huge 825-ci 6-cylinder engine, each cylinder uses two spark plugs, and the cooling system holds 20 gallons. High offer certainly looked like enough. Bricklin. Slowest car sold in the U.S., with 86 mph top-end downhill with a tailwind. Cond: 2. SOLD AT $11,000. Last year of the Yugo imported to U.S. with $3,995 list price in 1990. Quite possibly the worst car ever imported, but at least this is the top model. Rare to see one today. Hard to fathom paying $11k for one, but if you’re a collector with a sense of humor, it kind of makes sense. AMERICAN #1071-1917 PIERCE-ARROW TWELVE limousine. S/N 1039309. Blue/ gray leather. Body started out mounted on a #5043-1929 DUESENBERG MODEL J convertible. S/N 2307. Maroon & black/black canvas/tan leather. Spotless Duesenberg Model J with a convertible body by Murphy. Still retains its original coachwork, engine and chassis. Seen in the Imperial Palace, Blackhawk, and Mark Hyman Collections. Mechan- Show “Silver Arrow” concept car. Cond: 1-. SOLD AT $258,500. Last seen at auction in 2006, when it was a $90k no-sale at Gooding’s Palm Beach sale (SCM# 40525). Before that, it sold for $108k right here at Barrett-Jackson’s 2005 Scottsdale sale (SCM# 36972). Well bought today. #680-1951 NASH RAMBLER convert- ible. S/N F51755. Cream/black cloth/brown cloth. Odo: 21,030 miles. 173-ci I6, 1-bbl, 3-sp. Power-rail convertible top on a nicely restored Nash. Very good paint and chrome. ically rebuilt in 2006 with high-speed axle, new paint and upholstery. Titled as a 1930. Cond: 1-. NOT SOLD AT $725,000. A CCCA national first prize winner, sold not long ago for $704k at RM’s July 2011 Plymouth sale (SCM# 183031), making this look like a reasonable offer. One of the rare no-sale cars at this auction. #5032-1931 RUXTON MODEL C sedan. S/N 10C104. Eng. # 1851102. Purple, blue & gray/gray cloth. Odo: 61 miles. Flawless restoration in 2009 and still shows concours-level today. Wonderful Woodlite headlamps and parking lights. Unique front-wheel drive similar to Cord L-29 but allows the Ruxton to be 74 New top and interior. Continental spare tire. Delamination on some side glass. Cond: 1-. SOLD AT $29,150. nobody restores these cars to this level. If nash ramblers speak to you, this was the one to buy. Fair to both buyer and seller. Sports Car Market

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Barrett-Jackson Scottsdale, AZ #443-1957 CHEVROLET BEL AIR 2-dr sedan. S/N MVIN79304IND. Red/red vinyl. Odo: 82 miles. 327-ci V8, 4-bbl, auto. Unimpressive bodywork under marginal paint. Side panels are wavy and show dent repair everywhere. Variable gaps in most panels. Paint shines some but has dust flaws, painted-over chips and holes. Newer chrome bumpers and Tachometer mounted in steering wheel hub has Barris logo. Comes with memorabilia and documentation from George Barris. Cond: 3. SOLD AT $4,620,000. Pre-Batmobile configuration, this was the Lincoln Futura show car. In 1959, it was painted red and appeared in the Glen Ford and Debbie reynolds film “It Started With A Kiss.” Price paid for it had little to do with the quality of the car. This is a cult icon that brought the money because two bidders “just had to own it.” To put it in some perspective, for the same money you could have bought Lot 5001, the Clark Gable 300SL; Lot 5004, the 1934 Duesenberg; and Lot 5041, the Owens Corning Corvette, with $55k left for gas and insurance. decent trim. Front disc brakes. New roll-andpleat vinyl interior with chrome tilt-column and banjo steering wheel. 327 of unspecified origin. Strange VIN. Cond: 3-. SOLD AT $22,000. The very amateur bodywork might be overlooked if the mechanicals work well, but caution is definitely warranted. I wasn’t crazy about this car, but it would probably be considered a “fair for condition” price. #423-1958 FORD THUNDERBIRD 2-dr hard top. S/N H8YH122131. Copper & gold/ cream & copper. Odo: 82,784 miles. 352-ci V8, 4-bbl, auto. Very nice full custom. Paint and custom grille done in a 1960s style. Shaved door handles and spinner hubcaps. No wiper arms. Bullet headlamps. Console controls appear a bit dull, and a couple of edge chips are visible on the paint. Great chrome. Cond: 2+. SOLD AT $23,650. This car’s outstanding paint looked like it just rolled out from a period Rod & Custom photoshoot or car show. Whether or not you’re a fan of the “Square Birds,” I have to call this well bought. AMERICAN #5037-1966 BATMOBILE convertible. S/N X150 07365G. Black/black vinyl. 390-ci V8, auto. The original Batmobile, built by George Barris for the 1960s TV series. Barris purchased it from FoMoCo for $1 with no title. Looks a bit rough from studio use. Marginal paint with all of the usual flaws you’d expect of a custom that got used in front of the camera for an extended TOP 10 No. 3 tear in the driver’s seat. Cond: 2+. NOT SOLD AT $1,800,000. One of two prototypes that Ford built that was sent to Shelby American, who used it as their own experimental prototype and dubbed it “The Green Hornet.” Documented by Fred Goodell, chief engineer at Shelby American during the Green Hornet’s concept design stages. One of the rare no-sale cars here that did not meet reserve. I have to say the bid was light and the consignor was correct to hold out for more. #5050-1968 SHELBY GT500 KR con- vertible. S/N 8T03R204756. White/black canvas/black vinyl. Odo: 27,614 miles. 428-ci V8, 4-bbl, 4-sp. Paint looks a bit thick and shows high gloss with few flaws. Side window chrome trim shows some micro-pitting, and the passenger’s side windshield-surround has #5022-1968 SHELBY EXP500 “The Green Hornet” prototype coupe. S/N 8F01S 104288. Green/black vinyl/green vinyl. Odo: 35,711 miles. 390-ci fuel-injected V8, auto. Shelby American prototype modified with fuel injection, rear disc brakes and independent rear suspension. Hood fit a bit high at the rear. Some visible chrome scratching on front bumper. Good interior with one small period of time. Lots of stick-on labels and phony instruments and combat-style stuff. 76 dents. Nice interior with a/c and a 4-speed. One of 1,053 for 1968. Cond: 2+. SOLD AT $143,000. Rare and documented with build sheet and Marti Report, consigned by the third owner. Sold bang in the middle of the SCM Pocket Price Guide range of $110k–$160k. Well bought and sold. © Sports Car Market

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Gooding & Co. Scottsdale, AZ Gooding & Company Scottsdale The 1961 300SL Roadster seemed like a bargain at $770k, compared with the $1.5m paid for Lot 110, the Rudge-wheeled ’57 Roadster Company Gooding & Company Date January 18–19, 2013 Location Scottsdale, AZ Auctioneer Charlie Ross Automotive lots sold/offered 101/105 Sales rate 96% Sales total $52,492,450 High sale 1958 Ferrari 250 GT LWB California Spyder, sold at $8,250,000 1957 Mercedes-Benz 300SL Roadster, sold at $1,540,000 Report and photos by John Lyons Select photos courtesy of Gooding & Company Market opinions in italics Week. Scottsdale has grown from a one-horse town to a mecca of automotive auction madness with multiple sales taking place over a 10-day period. One would think that garnering high-quality con- G signments for such a competitive period would be difficult, but David Gooding and his team of car specialists continues to beat the apparent odds, with spectacular entries and top results. This year, Gooding realized $52.5 million in sales for their efforts in Scottsdale. The company also set a record for the highest-ever sale in Arizona, and achieved multiple world records for cars sold on the block, showing that the high-end market continues to be alive and well. 105 lots crossed the block over a two-day period, with an astounding sell-through rate of over 96%. Translated, this means that only four cars did not sell on the block. Gooding had the high sale of the week for all of the auctions: Lot 30, the 1958 Ferrari 250 GT LWB California Spyder, which sold for $8.25m to loud applause. Second place went to the Porsche RSK, which sold for $3.1m. Following right behind the Porsche was the stunning and much talked-about 1957 Maserati 150GT Spider, also breaking the three-million mark at slightly under $3.1m. 78 ooding & Company returned to Scottsdale for the sixth time this year to celebrate the unofficial start of the collector-car season, at what has become known as Arizona Car The next group of cars contained several record-breakers, including the 1935 Mercedes-Benz 500 Cabriolet A, which sold at $2.8m, showing that when it comes to pre-war Mercedes, coachwork trumps all. Another record-breaking result was the Duesenberg Murphy disappearing-top convertible coupe, which sold for $2.7m. A 1973 Ferrari 246 GTS “Chairs and Flares” Dino set another world record at $506k — a price that would have been unthinkable just a few years ago, but with ever-increasing interest in these cars, this best-in-the-world example probably deserved its best-in-theworld price. “Leading the market,” as we say. In the “good deals” category, there was the 1961 300SL Roadster that seemed like a bargain at $770k, compared with Lot 110, the Rudge-wheeled 1958 300SL Roadster that sold for $1.5m. Minor interior issues seemed to keep bidding down on a 1960 Alfa Romeo Giulietta Sprint Speciale, and the buyer came out ahead of the market at just $99k. Another Alfa, a 1932 6C 1750 Gran Sport, sold for $1.4m, and considering that it brought $1.5m less than a year and a half ago at Gooding’s 2011 Pebble Beach sale, I would have to call it well bought. Gooding has watched their sales figures climb steadily in Scottsdale over the past six years, but the surge forward for Scottsdale 2013 was like nothing we’ve seen, rocketing up from $39.6m last year among 116 cars sold to $52.5m this year, with 101 cars sold. That works out to a year-to-year increase of 32%, and an average price per car of $520k. Overall, it was a winning week for David Gooding and his team, and a winning week for the hobby, too. ♦ $60m $50m $40m $30m $20m $10m 0 Sales Totals 2013 2012 2011 2010 2009 Buyer’s premium 10%, included in sold prices Sports Car Market Chip Riegel, courtesy Gooding & Company

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Gooding & Co. Scottsdale, AZ ENGLISH #129-1926 ROLLS-ROYCE 40/50HP SILVER GHOST Playboy roadster. S/N S208ML. Eng. # 21085. Oxford Blue/blue cloth/burgundy leather. Odo: 78,613 miles. Very nice older restoration with recent cosmetics. Appears very well sorted, with evidence of lots of touring. Car starts easily and warms smoothly and quickly. Cond: 3+. SOLD AT $495,000. The incredible thing about Silver Very nice interior with wear on seat commensurate with stated age of restoration. Excellent gauges and controls. Cond: 3+. SOLD AT $308,000. This was a very nice car, but it did not come close to the appeal of, say, a Henley Roadster. Offered without reserve, the result was no doubt market-correct. Ghosts is their drivability. Enthusiast collectors can’t keep their hands off of them, as they drive every bit as well as cars built decades later. This car had a lot of miles on it and appeared to have been enthusiastically driven and enjoyed by owner. I think bidders sensed this, too, paying a strong price. With its new owner, I imagine this roadster will spend lots of time out of the garage and on the road where it belongs. #36-1928 BENTLEY 4½ LITRE flexible coupe. S/N XR3347. Eng. # XR3347. Maroon/ white cloth/brown leather. RHD. Odo: 12,271 miles. The sole surviving Bentley Harrison coupe, exceptionally well restored with all matching numbers. Pebble Beach exhibited and still standing tall. Cond: 2+. SOLD AT #47-1952 JAGUAR XK 120 coupe. S/N 679724. Silver/gray leather. Odo: 568 miles. Elegant little Jaguar restored to concours condition. Paintwork the very best with equal attention paid to prep and panel fit. Minor soiling of wheels and slightly hazy headlamps are the only two negatives noted on exterior. Equally well-restored interior with new roofliner, seats and carpeting. Instruments done to buffing marks in the chrome bumpers. Interior excellent, with slight age cracks in seats and minor wear to carpeting. Excellent trim and instrumentation. Perfect gauges and controls. Spotless engine bay detailed for any JCNA event. Equally spotless underside. Cond: 2-. SOLD AT $126,500. This was an appealing color combination, and it was good enough to overlook the very minor issues. Sold within estimate after very slow-paced bidding between two determined-but-cautious bidders. A fair deal for all. #118-1956 AUSTIN-HEALEY 100M roadster. S/N BN2L229821. Eng. # 1B229821. White/red leather. Odo: 12,719 miles. Very fun-looking car properly restored fairly recently. Excellent prep and paint with chrome and trim bits up to the same standards. Slight driver’s-door alignment issue. Wheels and grille also very snazzy. Crisp interior with same standards. Stunning wood accents and supple leather shift boot round out the interior. Show-detailed engine bay and undercarriage confirm the car as truly concours-ready. Cond: 1-. SOLD AT $132,000. Coupes of this vintage are now finally starting to get their due at auction, as in some cases they are even more scarce than their convertible counterparts. This stately feline ticked all of the boxes for bidders and sold for fair money. #107-1954 JAGUAR XK 140 MC road- $726,000. While this seems like a big result for a Bentley 4½ Litre, this one is truly special both in its ownership history and unquestioned correct form, and it is hard to judge the price paid. The same owner brought it to Amelia 2012 and passed on selling it (SCM# 196936), but today felt the high bid was enough. #44-1928 ROLLS-ROYCE PHANTOM I roadster. S/N S297FP. Red & black/black cloth/red leather. Odo: 5,446 miles. 30-yearold restoration with touring use evidenced by chips in the paint, wear to the radiator shell and older-looking chrome and trim. Very good door and panel fit. Minor evidence of body filler in seams at corners of the rumbleseat. 80 ster. S/N S810337. Red/tan cloth/tan leather. Odo: 3,204 miles. Gorgeous older restoration with great attention to detail. Excellent paint with buffing marks evident. Very slight door gap issues with fit probably to original factory standards. Hood fit slightly off. Also some slightly overstuffed front seats the biggest concern. Spotless engine bay and undercarriage. Cond: 2+. SOLD AT $154,000. Appreciation for the 100M has really taken off in the past two years, and this car sold within an estimate range that a year or so ago might have been considered optimistic. A fair deal for both buyer and seller. #106-1958 AC ACE roadster. S/N AEX456. Eng. # 2360. Red/white vinyl/white leather. Odo: 28,163 miles. Very original car with one repaint at some point. Average panel fit and door alignment. Original chrome and trim bits with minor pitting. Original interior; biggest issue is the poorly re-dyed seats. Original door panels and instruments. Poor-fitting replacement top boot. Original engine bay, with some fluid stains and grime. Original undercarriage tidy. Cond: 3-. SOLD AT $214,500. Last sold for $50k at RM’s 2002 novi sale (SCM# 29371). This was actually a wonderful little car and had no shortage of attention at the sale. Sometimes it hurts to mess with originality, and while the repaint was fine, the attempt at staining the seats white reminded me of a job done with a Sports Car Market

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Gooding & Co. Scottsdale, AZ sponge-top shoe-dye bottle. Sold at a price that would have seemed huge only two years ago. Market-correct. #114-1961 ASTON MARTIN DB4 Series IV coupe. S/N 828L. Eng. # 370288. Green/ black leather. Odo: 83,474 miles. Originally a red car. Lovely paint with excellent prepwork. Largely original chrome and trim well cared for. Fading and discoloration of original taillight lenses. Original glass with some sand wear and very slight delamination of the wind- brown vinyl. RHD. Odo: 51,442 km. From an estate where it was owned for at least 50 years and used as a daily driver into the 1970s. A largely original car repainted as needed. Chips and checking in paint everywhere. Some door sag noted. Very good wood. Interior good with re-covered front seats in vinyl with an attempt at appearing original. Good original instru- #20-1939 TALBOT-LAGO T150C coupe. S/N 90060. Eng. # 85178. Blue/red leather. RHD. Odo: 14,542 miles. 25-year-old restoration superbly maintained and cared for. Nearly flawless paint, chrome and trim. Perfect panel alignment and door fit. Excellent glass and trim. Beautiful interior with spectacular wood trim, perfect instruments and brightwork. Leather seating surfaces appear untouched shield. Excellent interior with new seat covers and carpeting. All else largely nice original. Engine bay clean but not detailed. Clean underneath. Cond: 3+. SOLD AT $412,500. This was a great-looking car, and it appeared to have been carefully maintained and restored as needed. Bid to mid-estimate and sold there to a happy new owner. A fair deal both ways. #42-1965 ASTON MARTIN DB5 coupe. S/N 1847L. Gray/black leather. Odo: 14,233 miles. Very well-maintained car with restoration as needed throughout its life. Nearly flawless paint and excellent prepwork. Chrome and trim less impressive, either as older restored or possibly very well-kept original. Nice glass everywhere. Interior also restored as needed with original and slightly aged door mentation and controls all functional. Original engine bay clean but with fluid stains one might expect on a long-slumbering car. Cond: 4+. SOLD AT $451,000. Last sold for $371k at Mecum Monterey 2011 (SCM# 183999). I conducted a close inspection of this car, which included hearing it run. I was amazed at how this car sounded after such a long slumber. Owner was very fastidious in maintaining the car mechanically, but anything can happen with these DOHC engines when left to sit for years. The car will need work, but as a tourer, I don’t think you could do any better. Well bought. #25-1938 BUGATTI TYPE 57C Atalante coupe. S/N 57766. Eng. # C57. Black/tan leather. RHD. Odo: 13,842 miles. Impeccable restoration ticks all the important boxes, including desirable late-production chassis and fully matching numbers. Restored to Pebble Beach standards by marque expert. Nothing left untouched or ignored. Cond: 1. SOLD AT $2,035,000. Seen twice before at auction: sold for $1m at RM TOP 10 No. 9 from new. Correct engine bay show-detailed and spotless. Cond: 2+. SOLD AT $418,000. Last seen at auction in 1999 at the Premiere Auction in new York, unsold at $88k (SCM# 354). Yet another example of a car being really well prepared for auction—the presentation totally obscured the fact that this was a 25-year-old restoration. Sold for a very solid price given the coachwork and 2.95-meter wheelbase. A fair deal all around. GERMAN TOP 10 No. 6 BEST BUY #38-1935 MERCEDESBENZ 500K Cabriolet A. S/N 105379. Eng. # 105379. Silver & black/black leather/red leather. Odo: 3,519 miles. Extraordinarily good Cabriolet A, regarded by many as the bellwether of all Cab As. Exciting coachwork by Mercedes coachbuilder Sindelfingen with all the right angles and lines. Very well-known history and unquestioned originality, including frame, engine panels and newer seat covers and carpeting. Original instrumentation and controls aging. Older detailed engine and very clean underside. Cond: 2-. SOLD AT $792,000. I am being a bit tough on this car, as it realized a huge result. LHD DB5s at auction continue to surprise. It seems like every time a DB5 comes to auction, it manages to outdo the previous result. Well sold. But it’s early in the year, friends—there will be a lot more chances to top this number. FRENCH #50-1937 BUGATTI TYPE 57 Ventoux saloon. S/N 57345. Eng. # 282. Blue & black/ 82 London 2008 (SCM# 118537); before that, sold for $853k at Christie’s Greenwich 2007 (SCM# 45538). This car pleasantly surprised me, as I expected (given its prior sale history and fairly regular appearances) a tired restored car ready for touring or a new restoration. Instead, it appears fresh and really drew a crowd its entire time on display, with equal interest on the block. The car broke through high estimate rather handily for an outstanding result. Well sold. and coachwork. Cond: 3. SOLD AT $2,750,000. A lesson can be learned here, as many asked why this car fetched more than the 540K Cab A sold the same week by Bonhams for $1.3m. The point is this: Coachwork is equal in importance to engine. While this car is “only” a 500K, the Sindelfingen coachwork more than makes up for the perceived shortcoming. The buyer got virtually the best 500 Cab A in existence, with a guaranteed return on his investment. Very well bought. Sports Car Market

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Gooding & Co. Scottsdale, AZ #131-1955 PORSCHE 356 1500 Continental cabriolet. S/N 60873. Eng. # 35295. Terra Cotta/tan cloth/green leather. Odo: 260 miles. Probably the nicest of all the 356s that I saw in Scottsdale. One of the earlier-run Continentals (before Lincoln had a cow and threatened to sue Porsche, resulting in a recall and rebadge to “European”). Very unusual color paintwork with only one or two very slight prep issues noted. Excellent chrome and trim. Euro headlamps added later. Rudge wheels from new. Slightly used interior with minimal seat and carpet wear. Everything else as-new. Cond: 2-. SOLD AT $1,540,000. Color changes on these cars usually impact results at auction. I have no explanation for this result. This car was beyond the market for any SL Roadster, including alloy-block and discbrake versions.Very well sold. combo. Restored to top concours condition. Numbers-matching engine show-detailed. Cond: 1. SOLD AT $310,750. This very welldone car deserved its attention. The color combination (correct, according to the build sheet) was unusual and might have held the car back a bit. Sold at squarely mid-estimate money when many cars restored to this level sell on the higher end of range. Well bought. (See the profile, p. 56.) #27-1956 MERCEDES-BENZ 300SC cabriolet. S/N 1880136500133. Light blue/ navy blue cloth/tan leather. Odo: 34,514 miles. Nice cosmetic restoration of a good original car. Very nice paint, chrome and trim with minor wear and care marks consistent throughout. Very good door and panel fit. Excellent original interior with re-covered front seats the only deviation from factory. Average wood and original instruments with some minor hazing. Clean original engine bay not prepped for anything beyond driving. Cond: 3. SOLD AT $825,000. This car looked a little better in pictures than in person. nonetheless, it sold at nearly twice the high estimate, showing the investment value of these Benz 3-liter cars, now fully recognized by the collector-car community. A fair deal for both buyer and seller. #110-1957 MERCEDES-BENZ 300SL Roadster. S/N 1980427500195. Eng. # 1989807500130. Midnight Blue/blue cloth/red leather. Odo: 13,377 miles. In the stunning color of Midnight Blue (although originally delivered in DB-620 Ivory), this car ticks all the boxes. High-quality restoration, super option set and fastidious maintenance since restoration. Perfect gaps and panel fit, excellent 84 Show-detailed engine bay and underside. Cond: 2+. SOLD AT $253,000. Great-looking car with just the right accessories and eye appeal. I always appreciate cars that are properly prepared for sale, and this one exuded confidence that it could be driven anywhere right from the block. Sold for midestimate money, but I imagine the new owner is already out thrashing it around and loving the heck out of it. #112-1959 PORSCHE RSK roadster. S/N 718023. Eng. # 90215. Silver/red vinyl. Excellent restoration of one of the most interesting and important Porsches extant. Excellent prep and paint, with only cleansing marks apparent. Fair gaps, with left door showing a larger gap in front. Crisp inte- TOP 10 No. 4 #21-1958 PORSCHE 356A Speedster. S/N 84100. Eng. # 67644. Light blue/black cloth/black leather. Odo: 73,841 miles. Excellent restored car with touring experience since. Stunning paint, chrome and trim. Slight door alignment issues. Well-done interior; beautiful instruments and dash appear brand new. Minor driver’s seat wear indicates some touring use. rior with excellent attention to detail. Vinyl seats. All controls and instruments perfectly restored. Engine spotless. Certainly ready for concours display in any setting. Cond: 2+. SOLD AT $3,135,000. One of the stars of the auction, this car had no shortage of viewing interest ahead of the sale. The few times I heard it run made it clear that this car was like no other in the sale. With a well-known history and phenomenal provenance, it is no surprise that this car found a new home well into the mid-estimate range. A fair deal, but the buyer got himself a stellar investmentquality car that will never have a shortage of interested buyers. #46-1960 PORSCHE 356B Super 90 roadster. S/N 88674. Slate Gray/black cloth/ red leather. Odo: 94,742 miles. Spectacularly restored Porsche with perfect prep and paint, concours-quality chrome and incredible attention to detail throughout. Biggest exterior complaint is the slightly wrinkled top. Interior equally as well done, with spotless seats, car- pet and controls. Brand-new-appearing gauges and instruments. Show-detailed engine bay. Books, tools and manuals. California blackplate car. Cond: 1-. SOLD AT $184,250. The only thing holding this car from a true #1 rating was that slightly ill-fitting top. This was a $90k car five years ago, and yet I say it was well bought here, as the restoration (even for a car this small) had to cost close to the price realized. #10-1961 MERCEDES-BENZ 300SL Roadster. S/N 19804210002727. Eng. # 19898010002782. Silver/black leather. Odo: 51,412 miles. Nice older restored car with paint blending evident on front end. Nice chrome and trim, with some minor waves and slight use. Much older restored interior with correct materials but plenty of use since. Original unrestored instrumentation and controls in nice condition. Clean engine bay. Cond: 3. SOLD AT $770,000. 300SL Roadsters have experienced astounding appreciation over the Sports Car Market

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Gooding & Co. Scottsdale, AZ past four years, rapidly catching (and in some cases surpassing) their Gullwing brethren. This car hammered dead center of the estimate range, and given the $1.5m price tag for Lot 110, the ’57 Roadster, this was a bit of a bargain. #5-1962 PORSCHE 356B cabriolet. S/N 156868. Eng. # KDP88189. White/black cloth/ black leather. Odo: 98,877 km. Lovely original car with restoration work done as needed in years past. Great panel and door fit. Nearly flawless paint, with minor buffing and cleansing marks. Excellent interior, including gauges and brightwork. Very nice carpeting and door condition with original paint, chrome, trim, glass, wheels, interior, etc. Very good door fit and no noted blemishes or issues. Interior equally as impressive, with perfect leather slight age. All controls and gauges well done. Nice carpeting and a clean, correct top round and carpet. Cond: 2. SOLD AT $363,000. These were hugely expensive when new, with a sticker price of nearly $450k, and many investment buyers paid a substantial premium just to own one. Silver Metallic was one of the more common colors on these, so finding the lowest-mile original should be paramount. A one-off blue car sold last year at Amelia Island for $385k (SCM# 197850). With this car selling just shy of that, it would seem the market is now heading back up. A fair deal. panels. Show-detailed engine bay. Cond: 3+. SOLD AT $115,500. This car reeked of honesty with all the correct bits and pieces. It looked to have been enjoyed continuously and was very well maintained. Sold price just touching low end of estimate probably an indication of the buyer’s understanding that this is no longer a show car, but primed for lots of fun touring. Fair deal for both. #26-1970 PORSCHE 911S 2.2 Targa. S/N 9110310178. Eng. # 6300486. Red/black vinyl/black leather. Odo: 37,655 miles. Totally original car with one excellent repaint in its original livery. Execution and color very appealing. Trim bits replaced or restored when painted. Original wheels and Targa top. Interior very nice original, and untouched during ITALIAN #32-1932 ALFA ROMEO 6C 1750 SC Series V Gran Sport roadster. S/N 10814400. Eng. # 10814400. Maroon/brown leather. RHD. Odo: 7,093 miles. Beautiful restoration of a matching-numbers car with original coachwork and known history. Correct attention to detail; beautiful paint, chrome and trim. Perfect gaps and excellent door alignment. Interior equally as well done, with minor signs of use such as pedal wear and soiled floor. Spectacular original engine bay out an overall lovely car. Cond: 2-. SOLD AT $176,000. These cars are fun and usually have pretty neat history associated with them, as they were ordered by the then-rich-and-famous. They had their day in the sun a few years ago, with many changing hands at pretty high prices before the market came back to earth during the Great Recession of ’08. This one sold just below estimate for likely marketcorrect money given its needs and age of restoration. #139-1957 FERRARI 250 GT low-roof coupe. S/N 0605GT. Eng. # 0605GT. Red/ stainless steel/tan leather. Odo: 74,487 miles. Expertly restored low-roof Ferrari with known history from new and two Pebble Beach appearances to its credit. Spectacular paint and trim. Excellent prepwork as well, with very slightly large gap at driver’s door edge. Equally well-done interior, with perfect seats, carpet and gauges. One large scratch in rear window glass. Cond: 1-. SOLD AT $836,000. Like many of the limited-production Ferraris this week, this one sold over high estimate with ease. It was a beautiful car with known history and lots of documentation. Well sold. the exterior cosmetic touch-up. Very tidy and well kept, with wear totally in line with actual miles. Engine bay correct and highly detailed. An enthusiast’s car if ever there was one. Cond: 2-. SOLD AT $143,000. The paint color brought out the best in this car, and the result showed it. Three years ago, this would have been considered a breathtaking price to pay; now it is just market-correct. Well sold. #108-2005 PORSCHE CARRERA GT coupe. S/N WP0CA298XSL001290. Silver/ black & red leather. Odo: 1,320 miles. Said to be one of 1,270 built. Virtually showroom 86 detailed to show-quality and with correct supercharger equipment still in place. Cond: 2+. SOLD AT $1,375,000. Offered at auction four times since 2000, most recently selling for $1.5m at Gooding Pebble Beach 2011 (SCM# 183149). With two Pebble Beach appearances to its credit and several major awards, the car has the awards to back up its ownership history, which is known from the late 1940s. It seems like 6C sales have been soft for many years now, but I was surprised this car did not sell stronger. Well bought. #117-1957 DUAL-GHIA convertible. S/N 134. Red/tan cloth/tan leather. Odo: 11,165 miles. Nicely restored car with minor orange peel in paint and some hazing on bumper tips. Other trim and chrome largely excellent. Welldone interior with tan leather seats showing Sports Car Market TOP 10 No. 5 #122-1957 MASERATI 150GT prototype Spider. S/N 03. Eng. # 03. Ivory/tan cloth/black leather. RHD. Odo: 4,598 km. Awe-inspiring design and brilliant restoration. Perfect door fit and gaps. Perfect paint and trim. Beautiful and sexy grille and chrome accents in the front. Nod to waterfall design with slim trim piece on hood. Very simple rear end with quarter-bumpers

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Gooding & Co. Scottsdale, AZ restored to new and a large Maserati crown badge adorning the trunk lid. Interior equally as well attended-to with perfect leather and flawless carpeting. Concours-quality engine bay and equally well-done chassis and underside. Cond: 1. SOLD AT $3,080,000. Another belle of the ball, this one-off Maserati was stunning in both design and restoration. Reading the list of engineering achievements with this car is like reading a who’s-who of milestones. The car has its factory 4-cylinder engine producing 190 horsepower. not a typo—190 horses! The collector community has without a doubt recognized the importance of this car, as it sold within estimate and will undoubtedly continue to rapidly appreciate. #126-1958 FERRARI 250 GT Speciale coupe. S/N 1187GT. Eng. # 1187GT. Silver/red leather. Odo: 90,266 km. km. Incredibly attractive Ferrari, concours-restored and ready for any event. Earned second in class at Pebble Beach. Known ownership history and restored by the right people. Incredible details and workmanship, including perfect paint, chrome and trim. Outstanding panel fit and perfectly hung doors. Interior also appointed with brand new TOP 10 No. 8 fit. Lots of small scratches in original front and rear windshield glass. Newer rubber window trim loose in spots. Incorrect wiper blades. Nicely restored interior with original instruments and controls. Tidy engine bay and trunk compartment. Cond: 3+. SOLD AT $198,000. The buyer loved this car and bid to the low end of what I thought was an optimistic estimate range. Well sold. $8,250,000. One of 42 and said to be one of only 23 covered-headlight cars. The high sale of the entire Arizona week. Ferrari Classiche certification, known ownership history and reams of documents make the provenance of this car absolutely bulletproof. Sold very well, but go find another in this color scheme (or any color for that matter). Among the best production Ferraris to come to market. Well bought, and congratulations to the winning bidder, who worked hard against a steadfast underbidder to eventually capture the crowning car of the week. #29-1960 ALFA ROMEO GIULIETTA Sprint Speciale coupe. S/N AR10120 00657. Eng. # AR0012000911. Red/tan leather. Odo: 66,158 km. Excellent cosmetic restoration of a faithful and honest car. Minor windshield scratches and some minor scuff marks on some trim. Interior a little bit of a disappointment, with lower-quality materials used on seats. Newer carpeting in very nice condition. #23-1966 FERRARI 330 GTC coupe. S/N 8915. Eng. # 8915. Red/tan leather. Odo: 69,669 km. Recent restoration well done by noted Ferrari shop. Perfect paint, chrome and trim with only the slightest of buffing marks in spots. Gaps and panel fit as good as new. Interior entirely brand new, with original roof liner not replaced for some reason and displaying wrinkles at base. Show-detailed engine bay with strong smell of gas. Cond: 2-. SOLD AT $737,000. I did not expect this car to do this well. It had signs of long-term storage, which can be a dicey proposition with any Ferrari. The bidders felt otherwise, however, with a huge result nearly 50% over high estimate. Well sold; hopefully there are no sorting issues for the high bidder. seat leather and carpeting. Perfect gauges and controls. Show-detailed engine bay and underside. Cond: 1. SOLD AT $2,365,000. I had the good fortune of inspecting this car at the same time as a very serious bidder and collector. He was kind enough to offer me the chance to stay and go through the car with him. It was beautiful to behold from all angles in and out, and the engine purred. He also pointed out the engine stampings and other details, explaining why this car is so revered and why its history is considered bulletproof. Well sold, but it’s hard to argue price on such an important Ferrari. #30-1958 FERRARI 250 GT LWB California Spyder. S/N 1073GT. Eng. # 1073 GT. Blue/tan leather. Odo: 73,356 miles. Incredible restoration of a highly prized and sought-after Ferrari. Phenomenal color combination correct to factory original. Brilliant execution with perfect gaps and panel fit. Flawless prep and paintwork; equally as amazing attention to detail on the exterior trim. Interior appears virgin with not a hint of use and everything attended to, even the out-of-sight areas under the dash and seats with everything correct and absolutely mint. Engine bay and undercarriage flawlessly show-detailed. Cond: 1. SOLD AT TOP 10 No. 1 88 Original roof liner with some wear apparent. Factory radio-delete with correct delete plate in place. Very tidy engine bay. Cond: 2-. SOLD AT $99,000. This was a very nice car, and I was quite surprised that it sold so low, even with the minor interior issues. I think the buyer has some nice upside here with minimal investment. Very well bought. #132-1965 ALFA ROMEO GIULIA Sprint Speciale coupe. S/N 10121872544. Eng. # 0012101238. Black/tan leather. Odo: 59,289 miles. Very nice older restoration, with use and wear since. Black paint showing lots of cleaning and detail marks. Very nice chrome and trim bits. Average door and panel #34-1969 LAMBORGHINI MIURA P400S coupe. S/N 3982. Eng. # 2898. White/ tan leather. Odo: 29,566 miles. Nice original car with repaint at some point. Well-executed paint with minor polish and buff marks and a few touch-ups. Fairly significant delamination of original windshield. Minor scratches on front bumper. Original interior in fine shape with minimal use commensurate with miles. Clean engine bay well cared for. Spotless undercarriage. Very nice original gauges and instrumentation. Cond: 2-. SOLD AT $577,500. These cars have been strong, with certain model variants selling for upwards of $1m. As this was an early “S” model, I think owners hoped it would ride the coattails of several others selling the same week. Alas, the car sold just fair for market-correct money. #14-1973 FERRARI 246 GTS DINO “Chairs and Flares” Spyder. S/N 06462. Sports Car Market

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Gooding & Co. Scottsdale, AZ Red/black/tan leather. Odo: 32,972 miles. Desirable “Chairs and Flares” Dino, exceptionally well restored and preserved. Paint and trim present as flawless with hardly a hint of cleaning marks. Very slight misalignment exterior baubles in nearly mint condition. Perfect interior in great color. Very slight evidence of front seat use. Spotless engine bay and underside complete an excellent picture. Cond: 2. SOLD AT $1,485,000. So many of these were bought new and basically shrinkwrapped for investment purposes. With fewer than 400 built (and far fewer than that amount to U.S. specifications), this U.S.-spec car drew the attention it needed from bidders to set a world record for an Enzo. Well sold. JAPANESE #11-1979 TOYOTA LAND CRUISER of trunk lip. Very light wear to carpet and driver’s seat. Includes all books, tools and manuals. Cond: 2+. SOLD AT $506,000. For auction, preparation is everything, and this car illustrated this rule-of-thumb as well as anything at the sale. While the seller should be thrilled with this result, the buyer got a great Dino ready for any major Ferrari event. A fair deal for both. #8-1995 FERRARI F50 spider. S/N ZFFTG46AXS0104192. Red/black leather. Odo: 679 miles. U.S.-specification car. One of 349 total F50s built for all markets. Virtually showroom-new condition; buffing marks and very slight scuffs on door sill plates are the biggest visual distractions. Includes all books, tools and manuals. Cond: 2+. SOLD AT $1,375,000. These low-production late-model interior with new rubber floor covers and vinyl seats. Detailed engine bay. Clean underside. Cond: 2-. SOLD AT $61,600. These have performed well over the past three years, with many impressive sales at auction. This was well done, but in my opinion, some of the minute details were overlooked. nonetheless, a stellar result. Well sold. AMERICAN Ferraris continue to astound and confound when they hit the auction block. I would imagine the survival rate is very, very high, and seeing the scramble of bidders on this only seems to indicate increased interest in the supercars. I have to call it very well sold... But that might only be until the next one is offered. #45-2003 FERRARI ENZO coupe. S/N ZFFCW56A230131882. Red/black leather. Odo: 2,250 miles. Totally original and new with minimal use or wear anywhere. Spotless paint with buffing marks, wheels and other TOP 10 No. 7 #116-1933 DUESENBERG MODEL J disappearing-top convertible. S/N 2446. Eng. # J429. Green/tan cloth/tan leather. Odo: 83,605 miles. Spectacular restoration with attention paid to all details. Perfect paint, chrome and trim. Excellent door fit and gaps everywhere. Very slightly wide driver’s door gap. Slightly yellowed wide whites. Perfect interior with untouched seats and carpet- ing. All correct Duesenberg instrumentation appears as new. Spotless engine bay with massive 420-ci I8 detailed for any show. Cond: 2+. SOLD AT $2,695,000. Of the handful of 90 buffing marks and scratches. Excellent interior with original gauges and controls. Newer trim and chrome bits. Nice seats and carpeting. Clean engine bay. Cond: 3. SOLD AT $143,000. I still remember the first time I saw one of these back in 2005 on the judging field—I was blown away by the beauty. This car had some of the same eye appeal, but between the age of the restoration and the color, bidders were not as enthralled as one might have expected. As such, it still sold for twice what a Chrysler T&C sedan would sell for in this condition, and I think the seller should be Sports Car Market FJ40 SUV. S/N FJ40305849. Eng. # 2F808617. Cream & white/black vinyl. Odo: 67,403 miles. Nice restoration likely done with one eye on future profit. Poorly aligned top with dirt and grease in fittings. Average door and panel fit. Very good paint with minimal wear and minor buffing marks. Spotless Murphy convertible coupes built on Duesenberg chassis, the disappearing top is the rarest and most sought-after, with “no-stories” cars exceedingly rare. Here is what happens when one comes to market. Sold above $2.4m high estimate and had little trouble getting there. #150-1940 PACKARD SUPER EIGHT 160 woodie wagon. S/N 13723281. Cream & wood/black vinyl/black leather. Odo: 9,625 miles. Formerly of the Harrah Collection and a very stately automobile. Very high-quality recent restoration, with nearly perfect paint, chrome and trim. Proper vinyl top with correct patterns. Correct interior with perfect wood and trim. Excellent attention to detail. Showdetailed engine bay. Cond: 2+. SOLD AT $220,000. This car really surprised me when it arrived. It seemed too good to be true as a 160 wagon, and sure enough, just before sale time, it was discovered that the car did not come new in this configuration. To David Gooding’s credit, they put a clear addendum on the car and announced the discovery on the block. They also discussed the situation with an obviously disappointed consignor who agreed to a revised estimate. But the news did little to deter bidders, with the car meeting its original low estimate. Well sold. #18-1947 NASH AMBASSADOR woodie suburban. S/N RE72874. Blue & wood/red leather. Odo: 854 miles. Very nice restoration of a rare and stately car. Excellent wood prep and finish with perfect gaps and fit. Very good paint with lots of signs of touring use since. Some dirt on the underside and in wheelwells. Beautiful chrome and trim with some minor

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Glovebox Notes 2013 Aston Martin V8 Vantage Gooding & Co. Scottsdale, AZ A brief look at cars of interest that have passed through the SCM garage. HHHHH is best. satisfied. A fair deal with some upside potential for buyer, should he decide to upgrade the car a bit. #33-1949 CADILLAC SERIES 62 con- Price as tested: $137,900 Equipment: 4.7-liter, 4-camshaft 420 bhp V8, six-speed manual. Dynamic stability control, electronic brakeforce distribution, traction control, 19” 20-spoke silver painted wheels. EPA Mileage: 13/19 Likes: This was the perfect ride for the Arizona weekend. It turned heads wherever I went, and when there were three in a row outside the RM auction, a crowd quickly gathered. The interior is purposeful but plush, the acceleration is, as the English say, “more than adequate,” and the fit and finish exemplary. Dislikes: Only two things intruded on what would have otherwise been a perfect experience. First, luggage space is very limited, I suggest only soft-sided pieces. And it is very difficult to see out of the rear side-windows — a compromise that comes with the svelte roofline. Fun to drive: HHHHH Fun to look at: HHHHH Overall experience: HHHHH Verdict: In the world of supercars, this Aston is surprisingly affordable. It has attractive but not easily dated styling, strong performance and a comfortable cabin. Further, as it is a limited-production car, you won’t see yourself coming and going. Would Mr. Bond have one today? Most certainly. — Keith Martin vertible. S/N 496207708. French Gray/black cloth/black leather. Odo: 75,827 miles. 331-ci V8, 4-bbl, auto. Older restored Series 62 in attractive French Gray over black leather interior. Excellent restoration probably 20 years old or so. T&C AM radio about the only option. Very good panel fit with driver’s door slightly off. Very nice interior with driver’s seat wear and minor cracking, good carpeting 165699) and a $120k no-sale at Gooding Scottsdale 2012 (SCM# 191595), and I think I’ve seen it at other sales as well. I’m not sure why this car has been out and about so much, but it sold for a huge amount given the age of the restoration and condition. Very well sold. #135-1965 SHELBY COBRA roadster. S/N CSX2509. Black/black leather. Odo: 36,684 miles. 289-ci V8, 2x4-bbl, 4-sp. Fantastic and fully documented original 289 with original paint, trim, interior, engine, gearbox, etc. Well-known ownership history, low docu- and very nice original instruments. Usual hazing of the Cadillac emblem on the horn ring center. Original V8 nicely detailed. Very clean underside. Cond: 2-. SOLD AT $112,750. I thought the estimate was a little conservative for a last-year split-windshield, as these have been very strong over the past few years. ’49s rarely come to market, and I think the age of the restoration and odd color scheme held it back a bit, as I expected a higher result. Well bought. #124-1957 PONTIAC BONNEVILLE convertible. S/N P857H35445. White & red/red & white vinyl. Odo: 55,613 miles. 347-ci fuel-injected V8, auto. High-quality older restoration now showing age. Nice paint with some dirt in gaps. Average door fit. Decent trim with slight hazing in spots. Interior showing more age, with vinyl seats with lots of dirt in seams and stitching. Nice carpeting, very good instruments and gauges. Nice engine bay. Fuelie setup looks dynamite. Cond: 2-. SOLD AT $176,000. Last sold for $138k at RM Phoenix 2007 (SCM# 44065), then offered but not sold at an undisclosed high bid at Gooding Pebble Beach 2010 (SCM# mented miles from new. Checks all the boxes. Cond: 3. SOLD AT $1,320,000. This was a pure preservation car that pulled at the heartstrings of every enthusiast in the room. “They’re only original once” applies here, and bidders realized it. Still very well sold at this price. #19-1967 CHEVROLET CORVETTE coupe. S/N 194377S103416. Gray/black leather. Odo: 20,996 miles. 427-ci 435-hp V8, 3x2-bbl, 4-sp. Brilliant restoration with nothing overlooked. Spectacular paint prep and application. Show-quality interior with some loose trim on driver’s door, likely easily repaired. Some small scratches on original windshield are the only noted exterior blem- ish. Show-detailed engine. Ready for judging at highest levels at any event to which it is accepted. Cond: 1-. SOLD AT $115,500. With so many Corvettes around with stories or excuses, it was refreshing to see one of this quality that had the documentation and awards to back up the looks. An nCrS Top Flight winner, this car was right in every sense of the word. It sold for strong money against a slightly optimistic estimate. Fair deal for both buyer and seller. © 92 Sports Car Market

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Sports Car Market Keith Martin’s The Insider’s Guide to Collecting, Investing, Values, and Trends “Like wine — some things just get better with age” — R.S., Greenwood Village, Colorado Subscribe Today! 877.219.2605 Ext. 1 www.sportscarmarket.com SUBSCRIBE TODAY! Get two Pocket Price Guides each year 877.219.2601 ext. 1

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RM Auctions Phoenix, AZ RM Phoenix If we leave out the $8m SWB, the average price per car was still $382k Company RM Auctions Date January 18, 2013 Location Phoenix, AZ Auctioneer Max Girardo Automotive lots sold/offered 75/84 Sales rate 89% Sales total $36,415,800 High sale 1960 Ferrari 250 GT SWB Competizione coupe, sold at $8,140,000 1960 Ferrari 250 GT SWB Alloy-bodied Competizone coupe, sold at $8,140,000 Report and photos by Carl Bomstead Select photos courtesy of RM Auctions Market opinions in italics revenue — a $10.8m increase over 2012’s results. Max Girardo, assisted by Peter Wallman, was at his best coaxing bids from the crowd, switching languages as need be. A substantial portion of this year’s growth was due to R the stunning sale of RM’s feature car, the 1960 Ferrari 250 GT SWB Berlinetta “Competizone,” which sold for just over $8m. It had been featured in Cavallino magazine and was the 17th example built, featuring alloy coachwork with a race-tuned Colombo V12. In all, there were 11 Ferraris offered. A “Chairs and Flares” Dino 246 GTS that crossed the block at $400k was said to be one of just 92 equipped with factory a/c and power windows. These have been climbing up the appreciation chart over the past few years, with decent examples selling under $200k just five short years back. Other notable lots from the Prancing Horse included a 2003 Enzo that sold at $1.3m and a 1967 GTB/4 that made $1.8m. A 1933 Auburn 8-105 cabriolet stood out from the many Full Classics on offer here, bringing in $440k even though it had an incorrect 1931 engine. It was unique in that it featured a chrome-plated prototype retractable hard top, designed by Conrad Jobst. The patent applica- 96 M Auctions managed to do more with less this year in Arizona. They compressed their annual auction into a one-day event, offering 56 fewer cars than last year, but achieved $36m in tion for the hard top design would not be filed until 1940. And it would not be until 1957 that we would see a retractable hard top on a production car — the Ford Skyliner. A very presentable 1931 Cadillac V12 Town Sedan sold for the absolute bargain price of $49,500 all-in. It had been estimated at $100k–$125k, and numerous people were overheard muttering, “Why didn’t I buy that?” after the hammer fell. If Jags were your thing, there were eight to choose from. There were four XKEs presented, representing the Series I, I½, II and III. The 1968 XKE Series I½ took top XKE honors, selling for a well-deserved $143k. It was a fresh restoration with the desirable covered headlamps and triple SU carburetors. An XJ 220 sold for a marketcorrect $220k. But it wasn’t all high-end sports-car glitz and glitter: A cute little 1959 Autobianchi Bianchina Trasformabile sold at $44k. Regarded as the “rich man’s Fiat,” it featured luxurious trim and mechanical upgrades not seen on the Fiat 500. RM also offered a Fiat Jolly with a red and white surrey fabric top that was restored to the nines. It, of course, had wicker seats, and the first owner used it as a golf cart. It sold for $74k, which was a reflection of the quality of restoration. Despite the risky changes to the auction format this year, RM maintained their stellar sales rate and rocketed their average price per car from $203k to $485k. Even if we ignore the $8m SWB outlier, that’s still a mean of $382k. Clearly, RM’s decision to craft a scaled-back, focused sale was a smart move. ♦ Sales Totals $5m $10m $15m $20m $25m $30m $35m 0 Sports Car Market 2013 2012 2011 2010 2009 Buyer’s premium 10%, included in sold prices

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RM Auctions Phoenix, AZ ENGLISH #146-1938 ROLLS-ROYCE PHANTOM III Sedanca de Ville. S/N 3CP200. Eng. # S78K. Teal/black leather & tan wool. RHD. Odo: 67,479 km. Said to be one of 20 PIII Sedanca de Villes by Hooper. This example well known in London and Palm Beach due to film-star ownership. Respray in 1954 and still presentable with expected signs of age. Interior recently redone. Cond: 3+. SOLD AT $112,750. $10k to the package. Price paid here was on the low side of market for a recently restored 140. #136-1959 ARNOLT-BRISTOL DE- LUXE roadster. S/N 404X3022. British Racing Green/green cloth/green & tan leather. Odo: 675 miles. Recent frame-up restoration with quality respray. Driven only 200 miles since. Almost too nice for vintage racing. One of 142 Arnolt-Bristol roadsters built between 1954 and 1961 as a collaboration between The PIII was the first 12-cylinder rolls-royce. This example was offered at no reserve and sold well under the low estimate. It would be a wonderful tour car, as you can load the family in back, roll up the division window and enjoy the drive. The SCM Platinum database shows that Coys sold this car for $78k in the U.K. in 1983 (SCM# 2114). Very well bought today. #166-1953 JAGUAR XK 120 roadster. S/N 673913. Eng. # W8212B. Ivory White/ black cloth/black leather. Odo: 49,189 miles. Recent restoration with numerous mechanical upgrades, including larger valves, forged piston and electric fans. Also has 5-speed gearbox. Excellent body and panel fit with flawless American businessman Stanley “Wacky” Arnolt and Giovanni Bertone, using Bristol chassis with Frazer Nash-BMW engines. Cond: 1-. SOLD AT $192,500. A most unusual roadster with an interesting history. Price paid was certainly in line. This would be welcomed at any vintage racing event or tour such as the Copperstate 1000. #123-1960 ASTON MARTIN DB4 Series II coupe. S/N DB4305R. Silver Birch/black leather. RHD. Odo: 19,172 km. A Series II with rebuilt and upgraded 4-liter motor. Recent sympathetic restoration completed in New South Wales. Has a DB4GT “Powr-Lok” leather interior. Should be a wonderful tour car. Complete with JDHT certificate. Cond: 1-. SOLD AT $121,000. The upgrades did not hurt the value here, as it sold for $25k more than Lot 138, the high-point XK 140 MC. Price paid pushed the upper limit of retail, but any premium will soon be forgotten after the first major tour. #138-1956 JAGUAR XK 140 MC road- ster. S/N S812042DN. Carmen Red/tan fabric/ red leather. Odo: 56,546 miles. A factoryequipped “MC” with C-type high-compression head that produces 210 horsepower. Recent high-point restoration, has been driven only 1,000 miles since completion. Popular OTS configuration. Cond: 1-. SOLD AT $93,500. The 140 offers a touch more leg room over the 120, and the “MC” configuration adds about 98 limited-use ownership. Other than a respray, an original, time-warp car. Very nice original leather interior. Brightwork acceptable. Equipped with a/c and wires. Cond: 3+. SOLD AT $77,000. An unrestored final-year E-type. Price paid was about right for a presentable Series III, with the low miles thrown in for free. new owner can drive the heck out of it or keep it as a preserved car with no financial loss either way. FRENCH #125-1938 DELAHAYE 135MS coupe. S/N 60112. Light Ivory/red leather. RHD. Odo: 418 km. Presented at 1938 Paris Auto Salon. Grille finished in French colors of blue, white and red. Restored in 1987 and again recently by noted marque expert Atelier Tessier to exacting standards. Equipped with the desirable MS racing engine and Cotel pre- select transmission. Once in O’Quinn Collection. Cond: 1-. SOLD AT $1,540,000. A stunning Delahaye that has never been shown. Last seen at RM’s May 2011 Cernobbio sale, where it was a no-sale at $1.18m (SCM# 177919). Prior to that, it sold at Bonhams’ 2006 Monterey sale for $1.7m (SCM# 42661). Throw in the cost of the two-year restoration, and the estate sold this at a loss. #180-1966 CITROËN DS21 décapotable. S/N DS214350118. Vert Foret green/black cloth/black leather. Odo: 23,911 km. Said to be one of only 483 factory-built DS21s and one of 136 in 1965. In the era, they were at the height of luxury. The true cabriolets have doors four inches longer than the sedans and use double latches. This example with one limited-skip differential. Bumper over-riders, jack and books and records. A desirable and fully sorted DB4. Cond: 2+. SOLD AT $291,500. A Series II in good order can bring $50k or so more than the money paid here. I have to think the engine modifications held things back a touch. #181-1974 JAGUAR XKE Series III convertible. S/N UE1S25119. Silver/ black cloth/red leather. Odo: 4,495 miles. Miles are actual with long-term, very BEST BUY respray and mostly original interior. Spent most its life in the South of France. Cond: 3+. SOLD AT $170,000. A vehicle that we here in the U.S. see only infrequently at auction—or anywhere else, for that matter. Price paid Sports Car Market

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RM Auctions Phoenix, AZ seemed a little generous for an example that was far from perfect. An acquired taste. GERMAN #127-1955 MERCEDES-BENZ 300SL Gullwing. S/N 1980405500630. Red/black leather. Odo: 53,968 miles. An early “curved star” grille example. Equipped with factory fitted luggage and correct belly pans. Recent respray with brightwork replated. Has Nardi ropa coupes produced by Pininfarina. Fully restored in 2004 with excellent panel fit and dows make it a usable all-season driver. The strong price paid for this one was about right, considering the quality of the recent restoration. Seller paid a bit more to get a better car and won’t regret it. #156-1963 MERCEDES-BENZ 300SL steering wheel and Becker Mexico radio. A very presentable example. Cond: 2. SOLD AT $847,000. The delta between Roadsters and Gullwings is diminishing, and any price difference is mainly due to condition. This example was very presentable, with no glaring needs, and as such sold for a market-correct figure. #165-1958 MERCEDES-BENZ 190SL convertible. S/N 1210408502551. Eng. # 1219219502376. Strawberry Red Metallic/ ivory hard top/tan leather. Odo: 39,826 miles. A striking driver-quality example. Restored to high standard, and only one registered owner until last year. Factory-correct Strawberry Red Metallic livery and offered with both tops. Has Roadster. S/N 19804210003003. Red/tan fabric/tan leather. Odo: 47,291 miles. From last year of 300SL production. Properly maintained, with a quality respray. Tan leather interior in good order. Fitted with disc brakes and factory hard top. Low miles thought to be uniform gaps. Known history from new, with several recent awards. Engine bay sparkles. Cond: 2+. SOLD AT $1,017,500. Last seen right here at RM’s 2009 Phoenix sale, bid to $600k and a no-sale (SCM# 119263), and driven only 173 very profitable kilometers since that 2009 outing. At the time, we stated it was worth at least $100k more, but the Ferrari market has continued to strengthen; price paid here was market-correct in today’s world. #135-1956 LANCIA AURELIA B24 S Spider America. S/N B24S1131. Navy blue/ red leather. Odo: 23,596 miles. A most desirable Lancia with minor signs of use and age. The “S” stands for sinista, or “left,” referring to left-hand-drive U.S. market cars. Stunning Corvette-style wrap-around windshield. Navy original. One of only 191 produced in final year. Cond: 2. SOLD AT $836,000. These continue to be the gold standard of collectibility, and appreciation is almost assured. Disc brakes are a big plus, and the price paid here was within the expected range, just a hair under Lot 127, the Gullwing in the same color. ITALIAN #132-1939 ALFA ROMEO 8C 2300B Spider. S/N 813219. Eng. # 823203. Dark red/red leather. RHD. Odo: 49,314 km. Delivered new as a short-chassis saloon; rebodied in the 1980s in the style of Touring, which included the dramatic slotted rear fender skirts. Further upgraded over the years. Cond: 1-. optional chrome-plated gearshift knob. Complete with tool kit and books and manuals. Cond: 2. SOLD AT $129,250. The 190SL, while underpowered, has been on a steady appreciation curve. As the 300SL appreciates, the rising tide brings these along. If performance is not an issue, then the 190SL is an appealing alternative to more-expensive roadsters. #142-1960 PORSCHE 356B Drauz road- ster. S/N 87349. Ruby Red/black fabric/tan leather. Odo: 32,545 miles. Said to be one of 2,653 Drauz Roadsters built 1960–62. Recent restoration with Ruby Red respray. Excellent attention to detail outside and in. Matching numbers. Owned by seller for more than 25 years. Interior redone in beige leather from original black. With original radio and restored wheel. Cond: 1-. SOLD AT $140,000. The roadster’s taller windshield and roll-up win- 100 SOLD AT $440,000. Last seen when RM sold the Ponder Collection in April of 2007, where it realized an astonishing $924k (SCM# 44884). Price paid today looks more realistic. Well maintained and certainly stunning, but as a rebody, this will be relegated to the back row at most events. #133-1954 FERRARI 250 EUROPA coupe. S/N 0343EU. Green/tan leather. Odo: 3,178 km. Said to be one of only 16 250 Eu- blue not correct for year; neither are the Borranis. One of an estimated 240 B24 S Spider Americas built. Cond: 2+. SOLD AT $825,000. An unrestored “barn find” B24 S Spider America was sold the following day at Gooding for $803k. That makes this look well bought.(See the profile, p. 52.) #184-1958 FIAT JOLLY beach car. S/N 068998. Red/red & white fabric/wicker. Odo: 8,504 km. Restored to the nines and won Palmetto Award at Hilton Head in 2008. Excellent paint and wicker present as new. Red-andwhite striped surrey top in excellent shape. The little 2-cylinder engine bumped from 16 hp up to 29 hp for 1958. Cond: 1-. SOLD AT $74,250. A ’60s jet-setter’s beach car. These continue to be popular, and the prices keep going up and up. Quality of restoration justifies premium paid here. Sports Car Market

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RM Auctions Phoenix, AZ #102-1959 AUTOBIANCHI BIANCHINA Series II Trasformabile. S/N 025184. Red/black vinyl/tan & cream vinyl. Odo: 9,590 km. Recent photo-documented restoration to high standard. Said to be one of about 10,000 produced. Called the “rich man’s Fiat Cinquecento,” per the auction catalog. toolkit and owners manual. Cond: 1-. SOLD AT $726,000. A stunning presentation, with several recent awards, full documentation and numbers-matching drivetrain. Performance, elegance, history—what more could you ask for? The slight premium paid will soon be forgotten. #153-1969 LAMBORGHINI MIURA P400S coupe. S/N 3952. Eng. # 2871. Verde Miura/Skai Beige leather. Odo: 41,974 km. A factory P400s that has been upgraded to SV or “Spinto Veloce” specification. Horsepower increased to 350; rear body panels flared for wider wheels. Numbers-matching V12 with nickel-plated velocity stacks. Finished in un- Cond: 1-. SOLD AT $44,000. Autobianchi was formed as an alliance between Bianchi, Fiat and Pirelli. An auction company across town offered a ’60 Autobianchi Trasformabile and realized $41k, so with two sales for benchmarks, the low $40k range is now about right for these cars. #164-1960 FERRARI 250 GT SWB Alloy-bodied Competizone coupe. S/N 1905 GT. Eng. # 1905GT. Barchetta Rossa/gray leather. Odo: 5,503 km. Said to be one of only 72 produced in entire three-year run. Received a quality respray in 2008. Freshened in 2010 by Wayne Obry. Numerous recent awards including Best in Show TOP 10 No. 2 usual but correct Verde Miura. Recent restoration by noted experts. Cond: 1-. SOLD AT $781,000. Bonhams sold a true SV for $1.2m at their 2013 Scottsdale sale (SCM# 215035), so the mechanical upgrades did not upgrade the value here. Anyway, the new owner can just go drive it and enjoy the heck out of it. #143-1972 FERRARI 365 GTB/4 Daytona coupe. S/N 14735. Fly Yellow/black leather. Odo: 55,086 miles. U.S.-spec Daytona with known history from new. Limited miles thought to be original. Fitted with correct Becker radio. Seat inserts recently replaced. Complete with partial toolkit and Marcel Massini report documenting history. One of only at 2008 Concorso Italiano. Known history. Feature car of the auction. Cond: 1-. SOLD AT $8,140,000. Competition-spec SWB 250s had upgraded motors and lightweight aluminum bodies. They were victorious at the Tour de France from 1960 to 1962. Throw in this one’s full documentation, awards and history, and this sold right where expected. The market for 250s continues unabated. (See the profile, p. 48.) #140-1969 FERRARI 365 GTC coupe. S/N 12059. Eng. # 12059. Midnight Gray/red leather. Odo: 90,796 km. Long-term ownership with recent mechanical restoration. First sold through well-known Belgian racer and dealer Jacques Swaters. Ferrari Classiche certified. Complete with copies of build sheet, Trippe lights and full set of tools. Engine bay rather shabby. Long list of needs. Cond: 3. SOLD AT $88,000. At the price paid, this is an inexpensive entry into top-down CCCA CARavan touring. Best to pick away at it over time, as a full-blown restoration will put you upside-down instantly. #109-1930 LINCOLN MODEL L sport phaeton. S/N 65674. Silver & blue/tan fabric/ brown leather. Odo: 57,090 miles. An older restoration that now needs a bit of attention to return it to its former glory. Said to be one of 12 cars built by Locke for 1930–31 Chicago Auto Salon. Incorporates some 1931 trim items such as bumpers, horns and luggage 1,279 Daytona berlinettas built by Scaglietti. Cond: 1-. SOLD AT $412,500. Recently seen at Gooding’s 2012 Pebble Beach sale in August, where it realized $325k (SCM# 211997). The quick turn netted the seller a slight profit after fees and transportation are added in. These continue to be in demand as dependable rally and tour cars, so no issue with price paid. #170-1973 FERRARI 246 GTS DINO “Chairs and Flares” Spyder. S/N 05720. Fly Yellow/black targa/black leather. Odo: 26,659 miles. Said to be one of just 92 “Chairs and Flares” cars equipped with a/c and power windows, so nicknamed for the Daytona seats and flared fenders for wider Campagnola wheels. Bare-metal respray in Fly Yellow. Recent restoration to high standard. Low miles thought to be actual. A strong presentation. Cond: 1-. 102 SOLD AT $400,000. A spot-on restoration in the right color, and “Chairs and Flares” boosts desirability. Even at this number, well bought. Dinos have been on a roll lately, and if anything the price paid here was a bit light. AMERICAN #137-1929 CADILLAC 341B sport pha- eton. S/N 316547. Black/black leather. Odo: 63,037 miles. A rust-free example that is very original. Paint cracked and worn. Interior retains some original leather. Fitted with new top and side-curtains. Has the original trunk, rack. Thought to have been used by both Edsel Ford and the governor of Michigan. Cond: 3. SOLD AT $90,750. Sold at RM’s 2007 Monterey sale for $93k (SCM# 46308). More recently seen at Worldwide’s September 2012 Auburn sale, where it was a no-sale at $86k (SCM# 213598). After hauling the car around and paying a bunch of fees, the seller settled here for less than he would have realized at Auburn. You roll the dice and you take your chances. Sports Car Market

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RM Auctions Phoenix, AZ #106-1931 CADILLAC 370A town se- dan. S/N 4000698. Two-tone maroon/gray fabric. Odo: 2,195 miles. Body-off restoration completed two years ago by noted expert, fixing incorrect details of previous restoration. Complete with original trunk and Trippe Senior driving lights. Steering wheel and dash coachwork. A very desirable package that was acquired at a most reasonable price. #174-1932 CADILLAC 452B all-weather phaeton. S/N 1400208. Maroon/tan canvas/ gray leather. Odo: 69 miles. One of only 300 V16s produced in 1932 and one of only 13 Fisher-bodied all-weather phaetons. Three thought to have survived. Used as push car at drag strip in 1950s. Older restoration still 1999, with numerous awards following. Has been properly maintained since with little to fault. The Victoria body style with the closed rear quarter-panel does not appeal to all, but is attractive on this longer 142-inch wheelbase, and does provide rear seating and trunk. Cond: 1-. SOLD AT $385,000. The SCM Platinum database shows that this Packard no-saled at a $190k bid at eBay/Kruse in Atlantic City in 2002 (SCM# 27157). More recently, I watched it cross the block at Gooding’s March 2010 Amelia Island sale, where it failed to sell at $320k (SCM# 159808). The seller’s patience was rewarded, and the price paid here was all of retail for a Super Eight. #162-1934 CADILLAC 452D convert- show minor signs of wear. A Full CCCA Classic. Was once part of Imperial Palace Collection. Cond: 2. SOLD AT $49,500. A fully sorted V12 Cadillac for under $50k is a bargain of the first order. The cost of restoration far exceeded the price paid here. Seller must be shaking his head while buyer is still grinning. #141-1931 DUESENBERG MODEL J Tourster. S/N 2440. Eng. # J423. Two-tone green/green leather. Odo: 62,834 miles. Attractive touring design by Derham on 154-inch wheelbase, but multiple shades of green won’t appeal to all. Found in haystack in Italy after shows well. Interior with signs of age but very attractive, top up or down. Ready for the next CCCA CARavan. Cond: 2. SOLD AT $291,500. This stunning V16 Cadillac was last seen at Worldwide’s February 2011 Atlantic City auction, where it was a no-sale at $225k (SCM# 169006). Less than a year later, it sold for this market-correct price. #119-1933 CHRYSLER IMPERIAL CL roadster. S/N 7803578. Eng. # CL1285. Black/tan canvas/tan leather. Odo: 143 miles. One of of nine CL LeBaron convertible roadsters built, and only six remain. Fitted with “Red Head” straight eight. Restored in 1999 but still attracting awards. Unique radio in steering column. A CCCA Full Classic. Stun- cellent condition, but won’t pass many gas stations. Cond: 1-. SOLD AT $825,000. A most striking Full Classic. Loaded with history and well documented. Just when you think the big Classics are losing relevance, a car like this comes along to remind you that the end is not in sight. #148-1934 PACKARD TWELVE Model WWII. Restored in 1971 and well maintained since, with signs of aging. Cond: 2. SOLD AT $1,320,000. A very attractive and desirable body style that allows the rear windshield to be rolled up and down. This well-documented Duesenberg sold for a market-correct price. #177-1931 ROLLS-ROYCE PHANTOM I seven-passenger tourer. S/N S199PR. Sea Blue/beige cloth/red leather. Odo: 97,162 miles. One of the last Springfield-built PIs and fitted with stylish coachwork by Brewster. Recently refinished with a quality respray and attractive red leather interior. Engine bay clean ning. The Chrysler CL chassis was 145 inches in length, 10 longer than the CH. Cond: 1-. SOLD AT $572,000. An impressive CL roadster that pushes all the buttons. This car still shows extremely well and will be welcome at most any high-end event. Price paid was fair all around, and I just hope the new owner gets the wheels on the road. #129-1933 PACKARD SUPER EIGHT Model 1004 Convertible Victoria. S/N 750055. Black/black canvas/red leather. Odo: 192 miles. Three-year restoration completed in sign. Cond: 2+. SOLD AT $379,500. Many feel the ’34 Packard Twelve is the most desirable Packard manufactured, for its combination of style, elegance, performance and rarity. A combination that warrants the price paid. #171-1935 AUBURN 851 SC Speedster. and tidy. Wonderful tour car. Cond: 2. SOLD AT $286,000. The elegance of a Rolls-Royce on an American-made body with Brewster 104 S/N 33811E. Eng. # GH4293. Ivory/maroon leather. Odo: 69,215 miles. Recent ground-up restoration. In German museum until recently; Sports Car Market 1107 convertible. S/N 902272. Eng. # 902424. Cream/tan canvas/tan leather. Odo: 202 miles. An older restoration that has been properly maintained. One of only 29 produced and 10 thought to remain. Pebble Beach Best in Class in 1985. Rare optional radio. Period Packard trunk with fitted luggage. Minor imperfections on moldings. A most elegant de- ible. S/N 5100038. Blue Hour Blue/tan fabric/ brown leather. Odo: 66,918 miles. Said to be one of five built on massive 154-inch wheelbase. Ordered new by Edith duPont Riegel. Restord by Stone Barn Restoration in 2007, with Pebble Best in Class. Maintained in ex

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RM Auctions Phoenix, AZ brought back to U.S. and restored. Once owned by Luigi Chinetti. Equipped with Columbia rear end. Sidepipes announce the # 86H76047. Wren Tan/tan Haartz cloth/tan leather. Odo: 240 miles. Extensive two-year restoration completed four years ago. Best Junior Zephyr at Lincoln Owners Club 2012 hit. Price paid here is in line with today’s market. #120-1947 BUICK ROADMASTER woodie wagon. S/N 14794589. Royal Maroon & wood/red leather & cloth. Odo: 542 miles. 320-ci I8, 2-bbl, 3-sp. One of just 300 Roadmaster Estate Wagons produced for ’47, and only four thought to still exist. Ground-up restoration completed four years back, which included new wood. Shown at Meadow Brook and the Glenmoor Gathering. Strong presenta- Schwitzer-Cummins supercharger. Cond: 2+. SOLD AT $517,000. One of the most recognizable and desirable of American Full Classics, designed by Gordon Buehrig. Values continue to escalate, and the price paid here was in line with today’s market. #147-1937 CORD 812 phaeton. S/N 8121156H. Eng. # FB1450. Ivory/red leather. Odo: 9,390 miles. A driver-quality restoration. Ivory respray is closer to ice-box white. Engine bay filthy and undercarriage not touched in years. Older engine swap; faux sidepipes National Meet. Said to be one of only 200 early-production Model 760s produced without a backseat. Sriking Art Deco styling. Powered by small V12. Cond: 1-. SOLD AT $187,000. Low production and the attractive styling give these appeal. Price paid was in the anticipated range, so a fair transaction all around. #155-1938 PACKARD TWELVE Model 1608 convertible. S/N 600583. Eng. # A600583. Black/black Haartz cloth/red leather. Odo: 48,031 miles. Thought to be one of about 30 built, with five known to have survived. Well-documented restoration completed in 2004 and properly maintained since, with a few minor signs of age and use. Equipped tion with only minor brightwork issues noted. Powered by the “Fireball” valve-in-head inline eight. Cond: 2+. SOLD AT $82,500. Crossed the block as a no-sale at $67,500, but some give-and-take got the job done at this reasonable figure. Seller is licking his wounds, however, as the cost of restoration had to be in the six figures. Well bought. #117-1954 CADILLAC ELDORADO convertible. S/N 546218842. Alpine White/ black fabric/red & white leather. Odo: 316 miles. 331-ci V8, 4-bbl, auto. Restored in mid1980s by RM Restoration and properly maintained since. Equipped with “E-Z Eye” tinted glass and fiberglass parade boot. Only 2,150 recently added. Cond: 3+. SOLD AT $121,000. An iconic design by Gordon Buehrig. This Cord 812 sold at the low end of the SCM Pocket Pride Guide estimate range, and considering the condition, I’ll call it well bought. There’s room left in the deal to make improvements and still be ahead of the game. #176-1938 LINCOLN-ZEPHYR custom coupe. S/N H51451. Sundown Cinnamon/ tan leather. A 5,000-hour build based on the famed custom “Scrape.” Powered by a 5.7-liter LS6 from a 2004 Corvette Z06. Transmission from 2002 Corvette with overdrive and pushbutton shifter. Amazing urethane holographic paint that changes hue with the sun. Most impres- with Trippe lights and bumper guard. Offered from O’Quinn estate. Cond: 2. SOLD AT $132,000. An elegant Full Classic with a smooth and powerful V12, this will make for an impressive tour car at a most reasonable price. Well bought indeed. #168-1941 CADILLAC SERIES 60 Special town car. S/N 6343167. Black/black fabric/black leather & tan fabric. Odo: 97,874 miles. One of two 1941 Series 60 town cars custom-built by Derham. Restored in ’90s, with Second in Class at Pebble. Still very presentable with correct foglights. Ready for the next CCCA CARavan. Once owned by Bette produced for 1954, at a cost of $5,738 each. Engine clean and tidy, Alpine White livery sparkles in the Phoenix sun. Cond: 2+. SOLD AT $143,000. In the era, this was a statement of wealth and position. Price paid today was a touch light considering the condition, but just a touch. A good buy, but seller should not be complaining. #110-1955 CADILLAC SERIES 75 Presidential limousine. S/N 557555865. Eng. # 5662014695. Black/black leather & broadcloth. Odo: 62,767 miles. 365-ci V8, 4-bbl, auto. In White House fleet during Eisenhower’s term and said to be first lady Mamie’s favorite car. In French collection for 18 years. Now needs everything; condition borders on sive. Cond: 1-. SOLD AT $154,000. Hate to think what the respray cost, but I’m sure the price paid here did not come close to the cost of the build. That is most often the case, and if the styling is appealing, then this is the way to go. Well bought if you love it. #169-1938 LINCOLN-ZEPHYR MODEL 760 convertible. S/N H47211. Eng. 106 Davis. Cond: 2+. SOLD AT $129,250. Last seen at RM’s McMullen Collection sale in June 2007, where it sold for $198k, and which we called “well bought” (SCM# 45575), but just five years later the seller took a sizeable Sports Car Market

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RM Auctions Phoenix, AZ neglect. Equipped with dual air conditioners. Engine upgraded with 1956 V8. Cond: 4+. NOT SOLD AT $105,000. Last seen at Auctions America by RM’s 2011 Auburn Fall event, where it was a no-sale at $160k (SCM# 185994). Prior to that it sold for $95k at Bonhams’ 2006 Monte Carlo sale (SCM# 41934). now heading down the slippery slope as a shop-worn automotive oddity. #172-1960 IMPERIAL CROWN con- vertible. S/N 9204101848. Alaskan White/ blue vinyl/Glacier Blue leather. Odo: 89,672 miles. 413-ci V8, 4-bbl, auto. A black-plate California car. Quality restoration by Hibernia is now starting to show minor signs of age. Numerous AACA awards. Has dual front swivel bucket seats and unusual square steer- bidder in the room. Price paid here is in line with the market; last year’s price was auction fever. #134-1965 FORD GT40 Mk I coupe. S/N P1034. Pine green/black vinyl. Odo: 1,637 miles. 289-ci V8, 4x2-bbl, 5-sp. Said to be one of only 31 Mk I road cars equipped with upscale interior. Also has optional heated windshield and no rocker-panel stripes. Well documented with full FIA paperwork. Wel- only 34 production “R” (race) models, built with fiberglass front lower apron, engine oil cooler and a slew of other go-fast goodies. Original engine swapped with an era-correct hi-po Ford; replaced in 2000 with a Bradshaw 302 stroked to 347 ci and fitted with aluminum heads. Includes five magnesium wheels. Good documentation. Numerous SAAC awards. Cond: 2-. NOT SOLD AT $730,000. Price bid was about in the middle of the SCM Price Guide range, but with so few sold it’s difficult to pin the Jell-O on the wall. Seller chose to take his r-code home, but I wonder where he will get a better offer. #126-1968 CHEVROLET CORVETTE L88 coupe. S/N 194378S419258. Rally Red/ black leather. Odo: 55,860 miles. 427-ci 430hp V8, 4-bbl, 4-sp. A numbers-matching example of one of only 80 L88s produced in 1968. 1988 Bloomington Gold and NCRS Top Flight. Complete with original order form and tank sticker. Recent extensive engine work. ing wheel. Complete with copy of production data card. Retailed for $5,774 when new, and only 618 examples left the showroom. Cond: 2+. SOLD AT $154,000. I watched this cross the block at rM’s Amelia Island 2010 auction, where it was a no-sale at $140k (SCM# 159640). I stated then that it should have brought $175k or more, but the market has spoken, and the seller was wise to let it go. #161-1960 LINCOLN CONTINENTAL MARK V convertible. S/N 0Y85H406883. Cherokee Red/black fabric/red leather. Odo: 26,084 miles. 430-ci V8, 4-bbl, auto. An actual low-miles, well-restored Mark V. Fully documented with production broadcast sheets. Comprehensive restoration in 2002, numerous LCOC awards since. Now showing very minor signs of age. Cond: 2+. SOLD AT $93,500. This was last seen here a year ago at RM’s Arizona 2012 sale, where it realized $138k (SCM# 194333). What a difference a year makes, and I am sure that the seller would have loved to have last year’s under- comed at most any historic event. Cond: 2. NOT SOLD AT $2,150,000. I have to agree with the seller that the high bid was a touch light, considering the limited production and exciting history. The money was in the room, but not for this GT40. Should bring close to $2.5m next time out. #131-1965 SHELBY GT350 R fastback. S/N SFM5R531. White/black vinyl. Odo: 9,938 miles. 347-ci V8, 4-bbl, 4-sp. One of Cond: 2+. NOT SOLD AT $420,000. The L88 could not be ordered with radio or heater and cost an additional $947. The M22 “Rock Crusher” manual transmission was also required. Price bid for this one was close, but I don’t fault the owner for not accepting the bid. Considering the condition and original engine, I would think an additional $50k or so would be reasonable. #173-1971 DODGE CHALLENGER R/T Hemi 2-dr hard top. S/N JS23R1B242313. Black/black vinyl. Odo: 54,016 miles. 426-ci V8, 4-bbl, 4-sp. Said to be one of 71 Hemi R/T Challengers built in 1971, and according to Galen Govier, 49 exist today. Has original numbers-matching drivetrain and the A34 Super Track Pack option. Original black finish is rubbed through to primer in a few places. The Hemi option added $790 to the $3,723 base price. Known history from new. A rare time-machine muscle car. Cond: 2-. NOT SOLD AT $200,000. Seller was having second thoughts about selling his car, and when it did not get close to his number, he did not hesitate in taking it home. A rare and unusual example, so I don’t fault his decision. © 108 Sports Car Market

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Bonhams Scottsdale, AZ Bonhams Scottsdale European cars led the top nine sales, topped by a 1938 Mercedes-Benz 540K Cabriolet A at $1.3m and a 1972 Lamborghini Miura SV at $1.2m Company Bonhams Date January 17, 2013 Location Scottsdale, AZ Auctioneers Malcolm Barber, Rupert Banner Automotive lots sold/offered 92/112 Sales rate 82% Sales total $12,143,450 High sale 1938 Mercedes-Benz 540K Cabriolet A, sold at $1,312,500 Report and photos by Neil Wood Select photos courtesy of Bonhams Market opinions in italics B onhams’ second annual Scottsdale sale was an unqualified, roaring success. It was a reminder of the English-based auction house’s substantial 1938 Mercedes-Benz 540K Cabriolet A, sold at $1,312,500 Buyer’s premium 17% up to $100,000; 10% thereafter, included in sold prices in motorsport. The bulk of cars were either pure sports cars or sporting saloons, with relatively few pre-war classics. Central to the sale was an eclectic list of cars from the substantial Oldenburg Family Collection follow- ing in the collector-car market, and of the role they play as a global force in the auction sales of fine art, paintings, furniture, whiskey and most other good, desirable things in life, be they automotive-related or not. The capacious venue at the Westin Kierland Resort offers good light for ideal viewing of car and automobilia lots, with the bonus of easy access and good parking facilities. As usual, Bonhams started the sale with an impressive selection of automobilia. Strong bidding throughout the 276 lots led to relatively few no-sales, remarkable prices on a few exceptional lots, and fair-to-reasonable prices on the more ordinary items. For the passionate collectors of ephemera, Bonhams is one of the best in the business, and North American buyers should pay attention, as there are always some good bargains to be had. Bonhams Group CEO and auctioneer Malcolm Barber knocked down the first seven car lots at fair prices quickly and efficiently in a thoroughly British manner. The 112 lots represented a substantial increase in size from last year’s offering of just 67 cars. The mix of European and American was about 70/30, respectively, and reflective of Bonhams’ tradition 110 in Wisconsin — a pruning exercise with which Rupert Banner of Bonhams was proud to be associated. The Europeans led the way for the top nine sales, among which was a 1972 Lamborghini Miura SV at $1.2m, a 1968 Ferrari 330 GTS spider at $913k and a 1967 Ferrari 365 GTC “Speciale” at a remarkable world-record price of $885k, all from the Oldenburg Family Collection. In the same vein, a 1930 Bugatti Type 46 “La Petite Royale” Faux Cabriolet with one-off coachwork achieved $951k, a 1955 300SL Gullwing made a predictable $896k, and a 1972 Ferrari Daytona coupe earned a handsome $384k. Perhaps even more remarkable was the 1971 Ferrari Daytona conversion, attributed to Strayman, which made $423k. The top seller, however, was a 1938 Mercedes-Benz 540K Cabriolet A. Showing some real pa- tina, the car failed to make reserve on the podium, but it sold post-block for $1.3m. There were some fair bargains also, like a lovely 1928 Stearns-Knight six-passenger roadster at $126k, a very decent 1931 Auburn 8-98A phaeton at $92k, the 1941 Lincoln Continental used in “The Godfather” at $69k, and a nice ’62 Corvette 327/360 Fuelie convertible with all the right bits at $86k. Among no-sales was the superb 1931 Minerva AL “Windswept” convertible sedan by Rollston, which stole the show for this writer. Bidding for the car halted at $850k, just shy of the $900k low estimate. Bonhams’ inaugural sale here last year earned a respect- able $6.8m among 46 cars sold out of 67 cars consigned. This time around, Bonhams’ international reach assured them of vigorous online and phone bidding against the room, and they grew all three of those figures by nearly 100%. Not bad. ♦ $18m $15m $12m $9m $6m $3m 0 Sports Car Market Sales Totals 2013 2012

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Bonhams Scottsdale, AZ BELGIAN #398-1932 MINERVA AL convertible. S/N 80105. Eng. # 80146. Two-tone green/ green cloth/gray cloth. Odo: 1 miles. Older restoration still in remarkable condition. Green exterior paint with dark green moulding line accents and pinstripes. Some very minor flaws only. Panel fit superb. Chrome and metal trim perfect. Disc wheels painted with polished accent rings. Perfect soft-top fit. Detailed engine and engine bay. Impressive interior with Early 2000s restoration in really excellent condition. Originally two-tone green. Scalloped hood sides, black grille slats, recessed turn indicators. Excellent matching chrome, badge bar, spotlight and horn. Crisply detailed engine bay. Lovely red leather piped in black, polished wood dash, superb instruments and banjo steering wheel. On Borrani chrome wires. Cond: 2+. SOLD AT $186,500. Rare superior polished wood trim. Dashboard and instruments perfect. Detailed engine and en- gine bay. Lucas headlamps and foglamp. Manuals and restoration records. Never shown. Cond: 1-. SOLD AT $57,500. A shoo-in show and tour car. The Rover Speed Twenty in this configuration was a rare car in period, when Rover was not a volume manufacturer—and must be almost extinct now. All the right credentials and the $50k bid in the room was just enough to make the deal. Rather well bought, given its tour and show potential. #346-1942 MORGAN PLUS 4 drophead superb instrumentation. Cond: 1-. NOT SOLD AT $850,000. Possibly the best Minerva in existence—certainly the best AL, which is considered the peak model from the Belgian marque. Thought to be one of just 50 constructed between 1929 and 1933. Exceptional Rollston “windswept” coachwork. 1997 restoration garnered then-owner Charles Morse Best in Class at Pebble Beach 1998. Premier custodians and perfect provenance. Recently sold for $751k at RM’s May 2011 Cernobbio sale (SCM# 177921); high bid just under the $900k low estimate must have been close. ENGLISH #358-1936 MG NB Magnette Airline coupe. S/N NA0848. Eng. # 1112AN. Red & black/red leather. RHD. Odo: 5,578 miles. and exclusive MG Airline Coupe on the n-type Magnette chassis with its perky 6-cylinder performance. Luxury MG in the day and still exudes buckets of quality today. Ex-Gene Ponder and restored for him, which explains the color scheme. A car that will win shows and friends everywhere. Good touring options also. Last sold for $399k at RM’s 2007 Marshall, TX, sale (SCM# 44867), so well bought here. See the profile on p. 50. #317-1940 ROVER SPEED TWENTY drophead coupe. S/N 0540003. Eng. # 0510018. Burgundy/tan/tan leather. RHD. Odo: 22,365 miles. Perfect provenance, just two family owners from new. Top-quality British restoration remains essentially perfect after seven years. Tickford drophead-coupe coachwork in superior restored condition. Excellent paint with tan pinstripes. Chrome and glass excellent. Covered sidemount, factory steel disc wheels. Lovely, luxurious interior, coupe. S/N P2281. Eng. # T815222ME. Blue & black/black canvas/black leather. Odo: 1,178 miles. Excellent paint. One of estimated 750 flat-radiator models. Chrome and trim very nice throughout. Clean and detailed engine bay. Lovely black leather. Dash and instrument panel excellent. A show-winner offered at no reserve. Cond: 2+. SOLD AT $49,450. Recently sold for at $66k at RM’s 2011 Amelia Island (SCM# 176567). Upgraded by factory with the larger TR3 engine. Restored in mid-2000s by all the top specialists under auspices of Dennis Glavis at Morgan West. In oldenburg Collection since 2011, so well maintained and cared for. Well bought. #370-1951 JAGUAR MK V drophead coupe. S/N 647460. Eng. # Z3482. Black & red/tan cloth/red leather. Odo: 65,263 miles. Top-grade restoration 10 years old and holding up fine. Some very minor flaws and paint swirls. Good matching chrome throughout. Excellent headlamps and driving lamps. Cloth top unmarked. Cavernous rear trunk excellent. Steel wheels, center hubs painted, chrome 112 Sports Car Market

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Bonhams Scottsdale, AZ mock ears, wide whitewall tires. Lovely red leather seats and door trim, red carpets, polished wood, all the correct instruments. Clean and detailed engine and engine bay. Matching numbers. Engine rebuilt at resto. Fitted very discreetly with a/c. Cond: 2-. SOLD AT $97,750. Sold in 2005 for $52k at Worldwide’s Seabrook, TX, sale (SCM# 38326). One of just 972 dropheads with bigger 3.5-L. Transitioned Jaguar out of the post-war era with vintage style, including archaic suspension and handbuilt craftmanship. With a/c, this would make a comfortable tour car with good show potential. Sold in the room about at a fair market value. #356-1952 TRIUMPH TR4 “Surrey Top” convertible. S/N CT10529L. Eng. # TCF1378E. Black/red leather. Odo: 53,910 miles. Top-quality ’90s restoration still holding up well. National show-winner, club magazine cover car. Very good paint, a few small stone chips and minor flaws. Good evenly matched chrome throughout. Rarely seen Surrey-Top “targa” option. Good glass, rubber, lamps and lenses. Red leather interior with white piping and “just right” patina. Nardi wood-rim steering wheel. Full tool roll. Shows well. Nice options, but missing useful overdrive unit. An Oldenburg Collection favorite, very well maintained. With heritage certificate. Cond: 2. SOLD AT $59,800. Recently sold for $44k at RM Monterey 2011 (SCM# 185577) and before that, no-saled for $35k at Christie’s 2007 Greenwich sale (SCM# 45492). Sold today well above top estimate and deserved it. Well sold. #311-1958 AC ACECA coupe. S/N AE650. Eng. # CL2350WT. Red/beige leather. RHD. Odo: 61,010 miles. Restoration a few years old but still very crisp and clean throughout. Straight, clean alloy coachwork. Very nice red paint with a few very minor blemishes. Chrome and brightwork clean and matching, unmarked glass, good rubber. Excellent beige leather interior with blue piping and trim. Delightful engine bay and nicely Wilton wool headliner, carpets and other details excellent. Dash and instruments perfect. Engine bay clean and detailed. Undercarriage excellent. Cond: 2+. NOT SOLD AT $42,000. The Mk II Jaguar sedan was a popular car that offered real luxury at an affordable price and was another milestone design success for William Lyons. Built 1960–67 and fitted with the venerable XK engine in 2.4-, 3.4- or 3.8-liter form. (The 3.4 was the base model, and the 2.4 was directed at the economy market.) Fine cars, but prone to rust bugs and not easy to restore cost-effectively, as seen here. $120k in resto receipts with no chance of recovery. Worth the $55k low estimate. #399-1964 JAGUAR XKE convertible. S/N 881232. Eng. # RA59989. Cream/black canvas/red leather. Odo: 66,547 miles. Restoration from 2007 and driven little since. Very good paint, good panel fit, nice chrome. New chrome wires with oversize tires, some hammer dents on knockoff ears. Wiper scratch and one stone chip. Nice interior leather, wrong center console and armrest, period radio. Scuttle-mounted antenna needs attention. Good dash and instruments. Clean engine bay, miss- Honey-colored ostrich skin seats and trim with dark green carpets. Chrome wires, perfect engine bay. Blueprinted engine with all the expensive bits. Cond: 1-. SOLD AT $230,500. A very limited production (26, per catalog), “glassfibre,” non-vintage-styled Morgan, and real rarity added by its display as the London Show car in 1964. Standard Plus Four chassis and Triumph 2.2-L engine underneath. Sold on the phone at high estimate. Show success guaranteed. Top price. #388-1966 LOLA T70 Mk II racer. S/N SL7122. Lola White/black plastic. RHD. Excellent fiberglass bodyshell. Exceptional detail to cockpit and engine. Yards of polished alloy and steel. Period-correct decals. Superb race knockoff wheels, Goodyear race tires. Cond: 1-. NOT SOLD AT $270,000. T70 Spyders were a dominant force at both European and has it. The SCM Platinum Database indicates this car sold for $15k in 1982 at Christie’s Beaulieu sale (SCM# 12196). #407-1960 JAGUAR MK II 2.4 sedan. S/N 125443DN. Eng. # BG327388. Black & silver/red leather. Odo: 139 miles. Better than it left the factory when new. No miles since restoration. Paint in very good condition, silver not quite as nice as black. Good panel fit except for left rear door that needs adjustment. Chrome, glass, rubber, script all excellent. Steel factory wheels very good with new tires. Lovely red leather and superior wood veneers. needs some attention to detail to be really proper. Well sold in the room at just above low estimate. #387-1964 MORGAN PLUS 4 coupe. S/N A5794. Eng. # 611605. Green & yellow/ tan ostrich hides. RHD. Odo: 80,218 miles. Superb fit and finish. Only misses a condition #1 by virtue of a couple of days’ detail work. Present owner sourced car through Morgan expert Dennis Glavis. Body-off restoration with new color scheme by marque specialist Pierre Brun. Somewhat fabulous interior. American races through the mid-1960s. SL71/72 has at least several interesting histories, but does it matter? It has a proven, documented identity, raced in Can Am and is superbly prepared to go again. Pure race cars rarely share the same standards of originality and provenance applied to collector cars. Worth more. detailed engine. Painted wires, drum brakes. Cond: 2+. NOT SOLD AT $75,000. A beautifully presented, very proper, rare (319 examples) Aceca fastback. Understated excellence and spirited performance are the hallmark of these cars. This deserved better attention, but it seems that ’50s RHD cars struggle in the U.S. market, despite Bonhams’ international clientele. The owner should be happy he still 114 ing wheelwell rubber seal. Carburetor air box removed. Spare wheel in trunk worn and pitted. No hammer or tool roll. Could use some expert sorting. Includes Heritage certificate. Cond: 3+. SOLD AT $92,000. Decent example of the legendary sports car with monocoque construction that revolutionized the company fortunes and the sports-car world. #342-1977 ASTON MARTIN V8 Vantage Series I coupe. S/N V811719LCAW. Eng. # V5401719V. Raven Black/beige leather. Odo: 63,180 miles. Alloy factory coachwork. Excellent paint, perfect panel fit, minor flaws and a few stone chips at front spoiler. Chrome sill panels, bumpers and trim nice. Driving lights in grille. Glass and rubber very good. Luxurious beige leather interior Sports Car Market

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Bonhams Scottsdale, AZ with pleasant patina, excellent headliner. Engine bay clean and detailed. Uprated to X-Pack power in 1990 with four 48-mm Weber carbs. Better breathing and four reprofiled camshafts enhance the real supercar performance. Engine rebuild in 2008 by marque specialists Autosport Designs. Cond: 2. SOLD AT $167,800. Exclusive and sophisticated muscle of the highest order, sold new to Canada. The Series I V8 Vantage keeps the slim bumpers and deep spoilers, blanked-off grille and closed bonnet hump. Sold in the room towards high estimate. Fair market value. #411-1987 BENTLEY CONTINENTAL convertible. S/N SCBZD02A5HCX1123. Green/light tan cloth/Magnolia leather. Odo: 32,735 miles. Paint with tan pinstipes looks to have been refreshed in the past; scratches on trunk. Good panel fit. Chrome, glass and rubber all good. Leather with light wear and nice patina, very good wood trim. Soft top and boot in good order. Engine bay clean without being detailed. Factory alloys nice with newish tires. safety glass, superb Marchal lamps, painted and polished Ace disc wheel trim. Beautiful dark brown and red crocodile-pattern leather interior; exquisite walnut trim with marquetry inlays. Polished, finely detailed engine with twin plugs and coils. Matching numbers, straightforward history. Cond: 1. SOLD AT $951,000. Previously sold by Bonhams at their Paris 2011 sale for $862k (SCM# 168808). Shaken down by new owner and presented at the prestigious Prescott Hill BOC meet, where it won Harris Cup for Best in Show. Well bought and sold today. GERMAN #401-1938 MERCEDES-BENZ 540K Cabriolet A. S/N 169396. Burgundy/tan cloth/cream leather. Odo: 97,160 km. An unrestored original with one repaint in 1970s; getting aged now with many flaws, cracks, splits and other blemishes. Panel fit excellent, chrome faded with some pitting. Lamps, lenses and glass all decent. Rubber tired. Original leather. Driver quality. Matching numbers. pets, good wood dash and door cappings, Becker Mexico radio. Clean engine and engine bay. On steel rims with star hubcaps. One of 2,081 coupes built 1957–60. Cond: 3+. SOLD AT $115,000. Excellent build quality is the trademark of these Mercedes, and being a one-owner Sunbelt car for most of its life has kept the rust bugs away from this one and protected the originality. Good color scheme helped also. Well sold. With dealership service documentation. Twoowner history largely in sunny, dry Arizona. Cond: 2-. SOLD AT $48,300. One of just 429 convertible examples, but nonetheless a triumph of marque loyalty and badge engineering, as the Bentley outsold its sibling Corniche by almost six times. These are fine motorcars that were very expensive in the day, but complex engineering and expensive maintenance keep market values relatively low. not the best paint color. Sold new by the venerable Carriage House Motor Cars. Sold above top estimate and at a market-correct price. FRENCH #313-1930 BUGATTI TYPE 46 faux cabriolet. S/N 46293. Eng. # 157. Black/tan cloth/dark brown leather. Odo: 28,395 km. Magnificent and imposing in the Bonhams setting. Exudes the quality of the expensive six-year U.K. restoration. Excellent black exterior with polished nickel accents, Splintex Cond: 3-. SOLD AT $1,312,500. Delivered new to Paris in 1938. Brought to U.S. postwar by an Army officer, sold to arch car-sleuth Karassik in 1970. Painted in early ’70s and new top fitted, leather re-dyed, otherwise completely original and getting tired. Limited build numbers for these were thinned by WWII. Bid to $1.15m in the room, seller passed, then sold post-block. Market-correct price. #362-1955 MERCEDES-BENZ 300SL Gullwing. S/N 1980405500521. Eng. # 1989805500534. Strawberry Metallic/cream leather. Odo: 4 miles. Fresh restoration in Strawberry Metallic exterior (was silver). Fine condition throughout. Excellent panel fit, clean and detailed engine bay. Not over-restored. New belly pans. Rudge knockoffs and belly pans recently fitted. New cream leather interior, correct matting, radio-delete. U.S. delivery, provenance through Gullwing Register. Cond: 2+. SOLD AT $896,000. One of 1,371, #377-1967 PORSCHE 911S coupe. S/N 308224S. Eng. # 962018. Orange/black leatherette. Odo: 81,865 miles. EMPI demo car with uprated 2.5-liter big-bore kit giving extra 40 hp. Fresh bare-metal repaint shows well. Panel fit excellent. Nice trim, glass, rubber, lamps and lens covers. New interior, good dash, restored instruments, nice headliner. Engine bay clean and sharp, replacement block for flat-six engine, new fuel tank up front, correct spare, partial tool kit, owners manual. Restored from a track car. Presents which is a lot by most collector standards, but these ’50s German supercars, which pioneered the multi-tube, space-frame race technology in production cars, march on in the marketplace. Sold in the room $50k above low estimate, which is fair market value. #372-1959 MERCEDES-BENZ 220S convertible. S/N 9500275. Eng. # 1809242850399. Light blue/cream leather. Odo: 6,002 miles. Largely original paint with evidence of touch-ups and blends. Never restored, and the better car for it. Good matching chrome, rear bumper out of line, good aluminum trim throughout, nice clean grille. Good panel fit. Interior leather has pleasant patina, black car- well. Wears six-inch Fuchs polished alloy wheels. Cond: 2. SOLD AT $126,000. A SoCal SWB 911S with bags of charisma and an interesting competition provenance. Featured in magazine articles with road tests by Bob Bondurant. A couple of caring owners then converted it to a VARA race car in 1990 with successful history. Retired in 2007 and engine rebuilt with fresh block. With present owner since 2011 and freshly restored to original EMPI specifications. Well documented. This got attention in the room and sold just over the $120k low estimate. A fair value. #405-1969 VOLKSWAGEN BEETLE convertible. S/N 159663083. Eng. # N/A. 116 Sports Car Market

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Orange/black vinyl/black vinyl. Odo: 70,453 miles. Paint only partially original; painted and blended down right side with some peel that should flatten with attention. Right headlamp has recessed ding under it. Otherwise straight with good panel fit. Clean chrome, good rubber and glass. Black soft top tidy, as is interior. Stock silver-painted wheels, good tires. Engine bay stock, clean but not detailed. Good driver-quality car. Cond: 3. SOLD AT $17,250. Produced in fairly prodigious numbers from 1946 to 1979, but early cars are getting rare due to rust. Market values seems to divide between pre-1957, pre1970 and Super Beetles. This is a good rust-free driver-quality car and as such sold right at market value, squarely mid-estimate. #402-1971 MERCEDES-BENZ 280SL convertible. S/N 11304412018607. Eng. # 1309832014302. Tri-tone green/green cloth/ green leather. Odo: 5,897 miles. Unmolested and largely original. Few paint swirls and stone chips, soft top and hard top both excellent, chrome good throughout. Glass and rubber good. Excellent correct leather interior, nice dash, good wood, period radio. Small 02747829ABA0205. Light blue/black vinyl/ red & cream vinyl. Odo: 233 km. Excellent light blue paint, nice Abarth badges and script, red tape accents, competition numbers on doors. Good panel fit. Chrome with some pitting. Clean engine and engine bay, Nice vinyl two-tone interior. Abarth chassis number. Presents well. Cond: 2-. SOLD AT $39,100. Fiat 500-based Pocket Rocket from the tuning store of Austrian-born Karl Abarth’s Turin factory. Abarth 595s were built in the factory, but the tuning parts were also sold as kits, so the Abarth chassis number in the front luggage area is important. Sold on the phone at mid-estimate, so fair deal all around. Great little cars. #366-1966 FERRARI 330 GT Series II 2+2 coupe. S/N 09675. Eng. # 09675. Grigio Fumo/blue & black leather. Odo: 13,352 miles. Paint has some minor shrinkage defects and micro-bubbling in several areas, typical for a 10-year-old repaint. Chrome has some light pitting in places but is evenly faded throughout. Panel fit good. Rear windshield glass delaminating at edges. Grille fit nice, lamps and lenses good. Interior presents well, clean wood dash panel, original instruments, crack on steering wheel. Clean and detailed engine bay. Interesting and rare color scheme. 4-speed automatic gearbox. Both tops included. Recent mechanical full service. Cond: 2+. SOLD AT $78,200. Top-of-the-range SL “Pagoda” roadster, said to be one of just 830 built in this last year of production. Mercedes quality and good market appreciation. Sold on the Internet $8,200 above low estimate for a fair market price. ITALIAN #397-1965 FIAT-ABARTH 595 2-dr se- dan. S/N 110F 08628661624. Eng. # 110F00- leather nice with slight age/color mismatch between front and rear seats. No owner’s manual or tools. Borrani alloy knockoff wheels nice. Cond: 3+. SOLD AT $150,200. Offered from 1963 to ’68, the 330 GT 2+2 was the first Ferrari to sell more than 1,000 units. Series I cars had 4-speed gearboxes and dual headlamps. 1965 Series IIs had 5-speed gearboxes and single headlights and a few other updates. This Series II Ferrari had an attractive color scheme, a nice interior and good mechanicals. Sold above high estimate, at what is now fair market value. #340-1967 FERRARI 365 GTC Speciale coupe. S/N 10581. Eng. # 10581. Dark red/ biscuit leather. Odo: 9,092 miles. A 330 GTC with 365 GTC drivetrain, originally built for Leopoldo Pirelli for the purpose of tire testing, and fitted with prototype Campagnolo “star” wheels. Now a very proper driver-quality original. Last painted 25 years ago. Finish is still bright but starting to show age with odd cracks and crazing spots. Good panel fit. Chrome faded, good glass and rubber. Clean biscuit interior leather and door trim, black mousehair dash, black center console. Nice patina throughout. So-so underhood detailing. Good trunk, non-original tool roll. Cond: 2-. SOLD April 2013 117

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Bonhams Scottsdale, AZ AT $885,000. Last sold for $385k at Gooding’s 2007 Pebble Beach sale (SCM# 46961). Good, interesting provenance, long ownership history and a certificate of originality and interior color change. Strong bidding from all quarters, which became a protracted threeway phone-bidding war, and auctioneer Rupert Banner’s patience was rewarded with a record price at nearly twice the normal market value. Remarkable result. #332-1968 FERRARI 330 GTS spider. S/N 11021. Eng. # 9823. Red/black canvas/red & black leather. Odo: 50,263 miles. Nearly flawless paint and panel fit. Straight chrome and hardware. Very nice Borrani wire wheels. Clean unmarked grille. Black mousehair dash, nice wood dashboard, nice patina on red leather seats. Black soft top, red boot. Detailed engine bay. Original tool roll with partial tools, new jack. Just completed thorough service and tune-up. Ordered new by Belgian dealer Jacques Swaters, in Blue Ribot over simple, volume-production Fiat restored and taken to show levels in 2007 with many significant awards since. Probably the best in the country, and sale price reflected this, especially as it was the third from last lot, and the room had thinned considerably. Always a good policy to buy the best. #335-1972 LAMBORGHINI MIURA P400 SV coupe. S/N 5012. Eng. # 30708. Red & gold/blue leather. Odo: 47,485 km. Early ownership all European, including factory restoration in the early ’80s and 20 years in Switzerland. Fettled again 2005–06 by U.K. specialists DK Engineering; painted in original colors by Lambo specialist Graham Schultz. Excellent panel fit. Nearly flawless elsewhere. Clean and detailed engine bay. Exquisite interior wood trim. Cond: 2+. SOLD AT $65,500. Purchased from Harrah by the Beardslee Collection, with exquisite details loved and cared for since. This major tour and show car will win trophies and friends everywhere. The room thought so, too, and paid over the $60k top estimate to secure it. Well sold and bought. #338-1928 FORD MODEL A “AR” Type black interior with factory hard top (now missing). Engine changed in early 1990s using correct type from 330 GT 2+2. Cond: 2+. SOLD AT $912,500. Slightly vague ownership history, but in the U.S. since early 1970. Painted red by 1979 and repainted red again and interior re-trimmed in mid-2000s when owned by Gene Ponder. Sold to the Oldenburg Collection for $418k at RM’s 2007 sale in Marshall, TX (SCM# 44883). Strong interest despite all the changes and sold at what would be upper market for a matching-numbers car. Home run for seller. #412-1969 FIAT 124 Sport spider. S/N 124AS0019657. Red/black cloth/black vinyl. Odo: 57,732 miles. Lovely early chrome-bumper PF spider. Top-class show car restoration in 2007 by second owner. Red paint still exceptional. Chrome, glass, rubber, trim all virtually perfect. Superb vinyl seats and trim. Significant books, tools, records. Rare in this condition. Cond: 1-. SOLD AT $48,300. A red paint with gold sill panels and gold knockoff factory alloys. Original leather interior with nice patina and minimal wear. Clean engine bay and detailed engine, new exhaust manifolds and tailpipes during recent service. One of 148 SVs, delivered new to Belgium. Cond: 2. SOLD AT $1,215,000. Previously sold for $477k at Christie’s in Monterey 2006 (SCM# 42483). In oldenburg Collection since. Sold well over top estimate today. new market price established. #350-1996 LAMBORGHINI DIABLO VT roadster. S/N ZA9RU37P9TLA12546. Red/tan leather. Odo: 23,105 miles. Paint excellent with just the justifiable stone chips at the front end and a few other very minor flaws. Factory alloy wheels in excellent condition. Nearly new tires. Engine bay clean and still new-looking. Interior unmarked with just a light patina on the driver’s seat. Dash and instruments unmarked. Unique forward-lift 76A pickup. S/N N/A. Eng. # A80155. Balsam Green & black/dark tan canvas/brown vinyl. Odo: 1,597 miles. Older restoration. Some crazing and a few cracks here and there, but still very presentable. Clean chassis, stakebed wood nice and well varnished, nice grille, good lamps and lens covers. With sidemount spare and optional rear-view mirror clock. Nice dash panel. Detailed engine bay. Title in lovely after 30-plus years. Minor flaws, but overall presence and elegance takes the eye transit, VIN unknown. Cond: 3+. SOLD AT $25,300. Ubiquitous Ford Model A utility variant. The unofficial “r” stands for “replacement,” that being the upgrade of various parts between mid-1928 and the end of production in 1931. From the Oldenburg Collection, so well maintained and presented. Offered at no reserve and sold in the room at mid-range estimate. Fair deal, market value. doors work properly. Looks like a two-yearold used car, properly looked-after. One of just 466 VT roadsters. Cond: 2. SOLD AT $109,250. Lambo’s replacement for the Countach, built between 1990–01. The “Viscous Traction” VT offered all-wheel drive and much improved handling. Huge four-pot Brembo brakes needed to haul it down from 200 mph. Sold in the room at just under high estimate—market-correct. AMERICAN #379-1925 LINCOLN MODEL L sedan. S/N 26405. Two-tone gray/gray cloth. Odo: 20,501 miles. Bill Harrah restoration still very 118 Sports Car Market BEST BUY #318-1928 STEARNS-KNIGHT F-6-85 rumbleseat roadster. S/N F1368. Eng. # F1368. Cream, beige & black/beige/brown leather. Odo: 23,955 miles. Expensive restoration by marque specialist Art Aseltine now 13 years old, but quality shows

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Fresh Meat by Chad Tyson Bonhams Scottsdale, AZ Online sales of contemporary cars 2013 Rolls-Royce Phantom Series II DHC Date sold: 01/28/13 eBay auction ID: 330862816986 Seller’s eBay ID: europeanautocenter Sale type: Used car with 4,201 miles VIN: SCA682D57DUX75101 Details: Carrera Pearl White over Seashell and Consort Red with black ash wood interior; 6.8-liter V12 rated at 453 hp, 8-sp auto, RWD Sale result: $459,995, best offer, sf 35 MSRP: $524,000 (as equipped) Other current offering: Newport European Motorcars in Newport Beach, CA, asking $518,935 for an English White DHC with just 15 miles. 2012 Lamborghini Gallardo LP570-4 Super Trofeo Stradale Date sold: 02/07/2013 eBay auction ID: 271146829525 Seller’s eBay ID: straightlineautomotivegroup Sale type: Used car with 5,110 miles VIN: ZHWGU7AJCCLA12392 Details: Rosso Mars over black Alcantara; 5.2-liter V10 rated at 570 hp, 6-sp, AWD Sale Result: $202,000, best offer, sf 359 MSRP: $256,300 (base) Other current offering: Prestige Imports in North Miami Beach, FL, offering a Rosso Mars example with 65 miles for $287,875. 2013 Chevrolet Corvette 427 convertible wide whites. Previous owner Martin Swig had the car prepped for competition and touring by Pit Stop Automotive in California, and the car has proved competitive at the Monterey Historics since. Cond: 3+. SOLD AT $70,150. A pretty pre-war touring and competition package with charisma, and a shoo-in for the California Mille. Sold right at mid-estimate, so Bonhams got it right. 1931 CM Roadsters in any shape are quite rare, so a fair deal no matter what the new owner’s intentions in the future. Good value. Date sold: 02/07/2013 eBay auction ID: 251222149586 Seller’s eBay ID: theclassiccargallery Sale type: New car with 50 miles VIN: 1G1Y73DEXD5700390 Details: Arctic White over Diamond Blue leather; 7.0-liter V8 rated at 505 hp, 6-sp, RWD Sale result: $72,500, nine bids, sf 206 MSRP: $91,110 (as equipped) Other current offering: Criswell Auto in Gaithersburg, MD, selling an Arctic White 427 convertible with 5 miles for $85,440. ♦ 120 #368-1931 CORD L-29 convertible. S/N C2929245. Eng. # EFD4046. Black/beige cloth/red leather. Odo: 2,963 miles. Superb older restoration has survived in exceptional condition. Black exterior paint with red pinstripes in excellent condition, some very minor flaws and touch-up spots. Red chassis and inner fenders. Lovely red leather with nice patina. Clean and detailed engine bay. Beige ing wheel. On steel wheels with turned aluminum disc covers, wide whites on narrow tires. Superb. Cond: 1-. SOLD AT $69,000. The Golden Deuce Coupe is simply a great piece of Americana, with exceptional artistry in the paint, pinstriping and engineering. Freshly restored in 2005 after being lost for decades, featured in several prominent magazines since. Totally usable for show or go. Sold at no reserve, it went $11k under the low estimate, showing how picky the period hot-rod market can be. Well bought. #343-1937 FORD MODEL 78B Deluxe woodie wagon. S/N 183519459. Black & wood/black leatherette/brown leather. Odo: 20,682 miles. Excellent paint and panel fit. Superb wood panels. Upgraded rear door. Lovely bull-nose grille, fog lamps, recessed lamps, side-view mirrors. Good consistent chrome throughout. Excellent dash and instruments, banjo steering wheel, lovely wood and the car is still near perfect. Excellent paint. Chrome and glass perfect. Beige top piped in red. Rear spare fitted. Very good leather, perfect wood trim, dash and instruments. Detailed Knight double-sleeve-valve engine and sharp engine bay. On red painted wires, wide whitewalls. CCCA Full Classic, said to be one of just two known examples with this coachwork. Ownership history from new. Cond: 1-. SOLD AT $126,000. Obvious concours potential confirmed in 2011 as Glenmoor “Oustanding Open Car.” Sold in the room for podium bid of $110k, with commission taking it over the $125k low estimate. Well bought. #302-1931 CHRYSLER CM-6 Sport roadster. S/N 6532542. Eng. # CM14224. Two-tone green/beige cloth/green & brown leather. Odo: 90,400 miles. Very decent paint, given its vigorous touring history. Chrome faded evenly. Nice, simple no-frills interior. Clean underhood, performance-enhanced engine. With fold-down windshield, Brooklands Screens and Jaeger Tachometer, driving lights and twin sidemounts. On painted wires with team of Harry Miller, Cornelius Van Ranst and Al Leamy. These CCCA Full Classics deserve their exalted status. This wonderful example of a 40-plus-year-old restoration is a testament to craftmanship and the dedicated caring ownership of over 60 years. It will make a superb tour car and still has show potential with some attention to detail. The audience agreed, and it sold handsomely at 10% above high estimate. Market-correct. #352-1932 FORD MODEL 18 “Golden Deuce” five-window coupe. S/N 1503860. Eng. # S26A1909. Gold metallic/white vinyl/red & white vinyl. Odo: 6,584 miles. Little to fault here. Exceptional paint with art-form pinstripe detail work. Rear quarter window has period B/C class NJ dragster stickers. Finely detailed chrome rocker covers DeSoto mill. All chrome perfect. Lovely art pinstriped dash, Warner instruments, red steer- soft top excellent. Chrome matching, glass and rubbers good. Cond: 2-. SOLD AT $280,000. Majestic styling and innovative engineering are the hallmarks of the Cord L-29 design framing and panels. Clean engine bay. Very proper. Cond: 3+. SOLD AT $85,100. Iconic Ford styling echoing that of the new Zephyr in 1937. Excellent presentation with a few minor upgrades following restoration in 2008 by marque specialist Chris Messano. Just the right specification for show or go. Well bought. Sports Car Market

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Bonhams Scottsdale, AZ #326-1941 LINCOLN CUSTOM limou- sine. S/N H124660. Black/beige Wilton cloth. Odo: 69,981 miles. Fresh from restoration when used by Coppola for “The Godfather” in 1972 in two famous scenes. Single-family ownership since, and lavished with love and care. Still in remarkable condition. Classic waterfall grille, rear spats, wide whites, head- #304-1956 PONTIAC SAFARI wagon. S/N W756H11116. Sun Beige & Sandalwood Tan/mauve & cream vinyl. Odo: 1,000 miles. 317-ci V8, 4-bbl, auto. Restored seven to eight years ago and still in excellent condition. Resprayed in original scheme. Some very minor flaws and swirl marks. Chrome, aluminum trim and script even and matching throughout. Glass, rubbers, lamps and lens covers all good. Panel fit super. Nice matching interior vinyl #367-1958 CADILLAC SERIES 62 2-dr hard top. S/N 58G087970. Eng. # 58G087970. Daphne Blue/turquoise vinyl. Odo: 96,399 miles. 365-ci V8, 4-bbl, auto. Paint developing minor flaws; orange peel in several areas, stone chips and a few paint runs. Chrome starting to fade but even throughout. Windshield has some deep scratches, but glass, rubber and trim otherwise good. Grille lamps in fenders. Matching patina throughout. Front seats in leather; rear passenger compartment in beige Wilton wool. Dash and instruments lovely. Engine bay very presentable. Wonderful provenance and dedicated owners who deserve credit for their passion. Cond: 3+. SOLD AT $51,750. Said to be one of just 295 Custom limousines built in 1941, few of which survive today. Offered without reserve, it sold in the room and is now going to a famous collection. Fair price for buyer and seller. seats and carpets. Dash and instruments super. With period radio, tissue dispenser. Clean and detailed engine bay. Matching numbers. Cond: 2+. SOLD AT $47,150. This Pontiac had very good documentation, including signed photos from former celebrity owner Bob Shane of The Kingston Trio. Certainly equal to rival nomad wagon and much rarer. The audience agreed, and it sold in the room a tad above the $45k low estimate. Well bought. trim average. Wheel trim rings nice. Panel fit good. Engine bay clean. Interior very nice, with manual windows, very good dash and instruments with original radio. Factory a/c inoperative. Cond: 3+. SOLD AT $34,500. These Cadillac Series 62 leviathans have real presence, and their deficiencies hide behind the overall glitz. ’58 is not the favored year, and this was not a top-optioned car, but it has been used regularly and was well serviced. Sold at top estimate and a fair exchange. #344-1965 SHELBY GT350 fastback. S/N SFM5S549. Wimbledon White & blue/black vinyl. Odo: 23,035 miles. 289-ci V8, 4-bbl, 4-sp. Nice older cosmetic restoration still presents very well. Paint has some minor flaws and age deterioration. Panel fit excellent. Good matching brightwork. Good glass and rubber. Clean and detailed engine bay. Interior trim nice and clean, headliner nice, with wood-rim steering wheel. Factory alloys shod with new Eagle GT tires. Very good driver-quality example. One of 521 GT350s from premier-year 1965. Cond: 3+. SOLD AT $159,000. Sold new to painter Larry Poons and then through a list of Shelby luminaries such as Dave Mathews and Curt Vogt, who replaced the original engine and gearbox with correct replacement rebuilt units in the mid-1980s. The Oldenburg family purchased the car in 2008, and as a favored summer ride, it has always been well maintained. The $180k–$210k estimate seemed bold for a car with a power-unit swap, and the room seemed to agree. Fair market value. © 122 Sports Car Market

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Roundup Selected Sales Combined in One Comprehensive Report Highlights from Russo and Steele Scottsdale and Silver Fort McDowell Sports and Muscle in Scottsdale ENGLISH #313-1952 MG TD roadster. S/N XPAGTD224954. Light yellow/tan cloth/green leather. Odo: 2,183 miles. Restored well over two decades ago, displaying a 1991 AACA National Senior first place badge on the light bar. Used extensively since. Prep work on body panels was pretty good, but none on things like hinges and jambs. Paint starting to dull in a few places. Aside from newer bumpers and wheels, rest of brightwork is anything but. Refinished dash wood still has high gloss. 1958 Mercedes-Benz 300SL Roadster, sold at $727,100 Company: Russo and Steele Date: January 16–20, 2013 Auctioneers: Brian Marshall, Jeff Stokes Automotive lots sold/offered: 451/701 Sales rate: 64% Fort McDowell Arizona Auction Sales total: $17,777,260 High sale: 1958 Mercedes-Benz 300SL Roadster, sold at $727,100 Buyer’s premium: 10%, included in sold prices Report and photos by Robert Malke Dye on tops of door panels is wearing through. Leather seats have a pleasant patina. Recent cosmetic tidying under the hood. Light oilburner. Cond: 3. SOLD AT $23,490. With the wear and the driver-grade restoration, it wouldn’t surprise me if someone just stuck an AACA badge on the car to see if anyone would question it. On Friday, the car failed to sell with a high bid of $19k. On Saturday it came close enough to the reserve that the seller cut it loose. Market-correct. Silver Auctions, Fort McDowell, AZ, 01/13. #SN875-1953 MG TD roadster. S/N XPAGTD224119. Red/tan vinyl/brown leather. Odo: 1,375 miles. Nice, flashy, aboveaverage driver. All paint and brightwork shiny and straight. Orderly tan top and leather interior. Wheels stock. Engine is a little smudgy 1966 Chevrolet Chevelle convertible, sold at $39,420 Company: Silver Auctions Date: January 18–19, 2013 Auctioneers: Mitch Silver, Bob Graham, Matt Backs Automotive lots sold/offered: 213/351 Sales rate: 61% 124 Sales total: $3,010,068 High sale: 1967 Chevrolet Corvette convertible, sold at $62,640 Buyer’s premium: 8%, included in sold prices Report and photos by B. Mitchell Carlson but still neat. The repro fogs and grille bar are a nice touch. Cond: 3+. SOLD AT $18,425. These are real classic post-war cars with a true pre-war road feel. For the condition of this one, the seller made the right choice to let her go. Fair price paid. Russo and Steele, Scottsdale, AZ, 01/13. #340-1957 JAGUAR XK 140 MC road- ster. S/N S812485. Red/tan cloth/tan leather. Odo: 2,724 miles. With a C-type cylinder head, period aftermarket wood-rim steering wheel, and modern color-coordinated seat belts. Very competent older restoration, but not a concours job. Paint has obvious polish- Sports Car Market

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Roundup ing scratches, but still presents well. Excellent replated chrome, although the knockoffs have rust forming toward the center of the rims. Door gaps slightly off. Seats show some light fender-mounted side-view mirrors, vintage fogs and badge bar atop the front bumper. Sport exhaust. Under the hood are polished wear and soiling. Cleaned-up engine bay. Rattle-can undercoating sprayed over dirt and grease. Cond: 3+. NOT SOLD AT $69,000. A pretty decent car when it was redone, but now a nice driver not worth the expense to restore. I’m not the only one to feel this way, as the car was seen at Dan Kruse houston in november 2012, selling for $76k (SCM# 214708); at Dan Kruse Austin in September, no-selling for $77k (SCM# 213405); and at RM Plymouth in July, selling for $63k (SCM# 209068). Market-correct high bid here. Silver Auctions, Fort McDowell, AZ, 01/13. #47-1958 ROLLS-ROYCE SILVER CLOUD I saloon. S/N SHF17. Two-tone green/tan leather. RHD. Odo: 94,982 miles. Circa-1999 paint job. Upper light green metallic isn’t too bad, but Candy Green metalflake lower looks straight out of a child’s toy-box. About a foot and a half deep, it’s cracked and flaking off in places. Runs out decently (just tell your passengers that lifter tick is the clock) and also a little rich (what else would you expect from a Rolls?). London dealer tag on rocker cover, SU carbs, cleaners and plumbing. Show-quality. Cond: 2+. SOLD AT $28,600. Gorgeously over-restored. Gunmetal was a Triumph color for 1963, but I’m not sure it looked like this. This was a very cool, well-done car, and it got a lot of action on the block. Well sold. Russo and Steele, Scottsdale, AZ, 01/13. #S653-1965 AUSTIN-HEALEY 3000 Mk III BJ8 convertible. S/N HBJ8L27278. Red & black/black vinyl/black vinyl. Odo: 51,684 miles. Decent driver. Doors rubbing on the jambs and sill plates. So-so interior looks slightly sloppy and untidy to the trained eye. Engine bay passable and correct-looking. Bot- tom of car looks dusty and used. Cond: 3+. SOLD AT $45,100. 3000 values are nipping at the heels of E-types. This one was expensive for condition, but still a good buy. Russo and Steele, Scottsdale, AZ, 01/13. #F403-1966 JAGUAR MK II 3.8 saloon. S/N P1B79246BW. Black/tan leather. Odo: 87,546 miles. In same ownership for over 25 years. Very correct and stock-looking. Originally gold, body still solid. Paint shows some checking and crazing. Chrome and trim are decent. Interior has been redone. Engine rebuilt years ago. Original Borg-Warner 3-sp glovebox. Rather good interior wood. Latterera a/c tastefully cut into the dash but with modern vents. Soiled older seat and door panel redo. Cond: 3-. SOLD AT $12,150. That dark green paint raised all kinds of havoc with my digital camera. Just when you thought Silver Clouds were worth enough to eliminate this sort of folly, a needy one like this pops up. Plenty spent, as there’s more check writing to come for the new owner. Silver Auctions, Fort McDowell, AZ, 01/13. #S623-1963 TRIUMPH TR3 roadster. S/N TS47312L. Gray/charcoal cloth/charcoal leather. Odo: 7,748 miles. Glossy, smooth paint and glittering chrome. Proper stance accentuated with painted red wires and chrome knockoff spinners. Detailed interior shows good craftsmanship. Correct dash layout. Fitted with wind deflectors on windshield, April 2013 auto swapped for a 700R4 for drivability. Steering box was replaced with a rack-andpinion system. Cond: 3+. NOT SOLD AT $23,000. The S-type has great road manners for a four-door. It has a wider track than an E-type and actually handles better. High bid was $15k short of the seller’s hopes. They drove it back home to Sedona. Russo and Steele, Scottsdale, AZ, 01/13. 125

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Roundup #309-1969 TVR VIXEN Series II coupe. S/N VX2105. Mustard yellow/black vinyl. Odo: 16,549 miles. Newer repaint with most of the body fixtures removed. Most of the dryrotted original rubber seals reused, as there are no replacements. Painted bumperettes. Interior looks like someone’s Upholstery 101 class project. Undetailed engine bay. On newer knockoff wire wheels and lower-profile-thanstock tires. Cond: 3. NOT SOLD AT $21,000. Someone made the statement, “To make it an international car, they used an American engine,” but a 1,600-cc four from a Cortina is about as American as fish and chips. Bidders didn’t know what to make of this odd, fiberglass sports car, so with no real interest, it unsurprisingly went back home. Silver Auctions, Fort McDowell, AZ, 01/13. #107-1975 TRIUMPH TR6 convertible. S/N CF35495U. Red/black vinyl/black vinyl. Odo: 44,135 miles. Has a few prep imperfections on rear quarterpanels, but paint application is quite good and shows no masking lines. Glass seals just starting to show some dry-rot. Wrinkled newer repro top spends most of its time folded down. Older seat upholstery with uneven padding and minimal wear. Good dash wood with a dull finish. Aftermarket steering wheel. Has BEST BUY heating. Less than 400 built. Cond: 3. NOT SOLD AT $11,000. This TVR looked identical to the one featured on Bring a Trailer back in Febuary of 2012 with an asking price of $20k. The bidders here were not familiar with the car, but the high bid still exceeds the $6k–$10k range in the SCM Pocket Price Guide. Russo and Steele, Scottsdale, AZ, 01/13. GERMAN #S698-1937 MERCEDES-BENZ 540K custom cabriolet. S/N 137057. Blue/blue cloth/blue leather. Odo: 90,042 miles. A real 540K body on a C5 Corvette chassis. The driveline is a Viper V10. Modern interior combines Saab seats, Viper gauges and wood- grain. Expertly executed with lots of time, thought and dollars. Cond: 2-. NOT SOLD AT $185,000. A mind-boggler. The high bid wouldn’t cover the build cost, but then again, you can’t buy taste. Russo and Steele, Scottsdale, AZ, 01/13. #279-1951 MERCEDES-BENZ 220 sun- factory a/c but no belt. Tidy, functional engine bay. Newer Coker Classics Redline tires on stock wheels. Cond: 3. SOLD AT $10,800. Last seen at the Dan Kruse sale in new Braunfels, TX, back in September 2012, where it no-saled at $11,500 (SCM# 213418). Offered at no reserve here, so the market here confirmed that this is the price for a decent driver. One of the better deals all weekend on a sporty Brit, regardless of venue. Silver Auctions, Fort McDowell, AZ, 01/13. #F401-1978 TVR TAIMAR coupe. S/N 4383FM. Red/tan vinyl/brown vinyl. Odo: 46,743 miles. Very cool little car. One repaint, clean and tidy overall. Mediocre factory fit and finish is typical ’70s British. Short wheelbase, go-kart handling. Interior is simple ’70s plush. On factory aluminum rims with good rubber. British Ford V6 spits out a measly 140 hp in a tight and neat engine bay. Spare tire in front of radiator seems like a recipe for over- 126 roof sedan. S/N 187110252954. Black/black cloth/tan leather. Odo: 35,486 km. Sold new to Deutsche Bundesbahn, the West German railway system. Imported by 1989 and owned by an Arizona resident since. Circa-1990 repaint and reupholstery work—the latter is still quite good with slight wear, while the former now pled to a front-wheel-drive system. Cond: 3+. SOLD AT $8,800. Production in Germany lasted from 1953 to 1959, and factories in Brazil and Argentina produced licensed versions into the late ’60s. This small Euro econobox is not really a microcar, but it will appeal to the microcar crowd. A restored wagon sold at Amelia RM last year for $60k (SCM# 197179). At $8,800 all-in here, someone got an unusual classic at a VW price. Russo and Steele, Scottsdale, AZ, 01/13. #S737-1958 MERCEDES-BENZ 300SL Roadster. S/N 19804285000154. Blue/white cloth/white leather. Odo: 6,525 miles. Even repaint over a straight, solid body. Shut-lines are nice and square. White leather interior mildly worn with signs of recent use and care. Under the hood, the original fuel-injected six is a bit on the daily-driver side. Tidy overall. $26,000. One wonders why this would be purchased by the state-run DB. Executive perk car? VIP courtesy car? With its limited market appeal and unwinding condition, one also wonders why the seller didn’t let it go at the high bid. Silver Auctions, Fort McDowell, AZ, 01/13. #TH397-1957 DKW 3=6 coupe. S/N 68572288. Blue/white vinyl/red vinyl. Odo: 8,608 miles. Unrestored, just cosmetically reconditioned and painted. Interior looks original but has been re-stuffed, re-padded and re-covered. Suicide front doors give lots of room for comfortable entry and exit. Tidy all over. Has three-on-the-tree transmission and funky hand brake. The radiator sits between the firewall and the 2-stroke 3-cyl motor, cou- leaves much to be desired, with crazing along the C-pillars and nicks and pits throughout. Repeated buffing has not helped, as it has filled the cracks and pits with white buffing compound. With original trafficators and Becker radio. 250,000-km award badge on original grille. Cond: 3-. NOT SOLD AT Cond: 2-. SOLD AT $727,100. When I recently appraised a rough, old, original 1957 300SL for $500k, Mercedes-Benz Classic informed me it would cost $400k-plus to restore it. The Roadsters have pretty much caught up with the Gullwings, and they happen to be better to drive: They are faster, handle better and are far less confining. Market-correct price paid for condition, or perhaps slightly well bought. Russo and Steele, Scottsdale, AZ, 01/13. Sports Car Market

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Roundup #41-1962 VOLKSWAGEN BEETLE 2-dr sedan. S/N 4132819. Aquamarine/light gray vinyl. Odo: 76,055 miles. Claimed to be mostly original, including racks, which are weathered, as is the paint, which should improve with a buffing. Heavier surface rust on bumpers. Pitted door handles, dull bodyside moldings. Unable to open engine lid due to rear luggage rack. Runs out well, but sounds boat horn, running lights and bilge pump. Engine bay spotless and looks factory. New wide whitewall tires, painted wheels and caps. Too nice to splash into a lake. Last year for production. Cond: 2. SOLD AT $60,500. Amphicars show up at auction all the time, and bidders don’t seen to tire of them. Strong examples routinely break $60k. Price for this one was market-correct or slightly well bought. Russo and Steele, Scottsdale, AZ, 01/13. #F427-1965 PORSCHE 356C sunroof coupe. S/N 130360. Red/black vinyl. Odo: 23,335 miles. Nice-looking car with a decent driver-quality paint job. Stock trim, repro exhaust tips, chrome wheels and tires. Desirable manual sunroof, where they are usually electric by this year. Painted wipers, bullet mirrors, U.S. headlights, Euro rear reflectors. like muffler is blowing out. Older stock reproduction seat upholstery, door panels and floor mat. Gaping hole in dash where radio was. Cond: 3-. SOLD AT $5,724. Reran later in the auction by a new consignor as Lot 397, failing to sell at only $4,200. The money seemed a touch high for the first go-around and about right for the second. Silver Auctions, Fort McDowell, AZ, 01/13. #F568-1963 PORSCHE 356B Super 90 coupe. S/N 214220. Silver/blue leather. Odo: 50,818 miles. Very desirable Super 90. Nice shapely body with good paint and gaps, good stance. Classy color combo. Interior stock in appearance, nice smell. Has the correct-looking Knecht open air-cleaners on top of Taillights lenses screwed in upside-down. Interior stock-looking with black vinyl, correct steel wheel and gauges. Engine upgraded to a 912 motor. Cond: 3. SOLD AT $45,650. 356s skyrocketed in recent years. High bid was reasonable for roadster, Speedster or cab, but a coupe with non-original engine? Seller was right to take it. Well sold. Russo and Steele, Scottsdale, AZ, 01/13. #F413-1966 VOLKSWAGEN TRANS- Solexes; tidy and fresh otherwise in the engine compartment. Bottom shows some road use, but that’s the idea—drive it. Cond: 2-. SOLD AT $55,000. 356s continue to be strong in the market. This was a good color, and the bidders liked it. It surpassed Lot 427, the red sunroof coupe, by $12k. Fair price for a good tub. Russo and Steele, Scottsdale, AZ, 01/13. #S625-1965 AMPHICAR 770 convert- ible. S/N 103795. Fjord Green/white vinyl/ yellow & white vinyl. Odo: 7,748 miles. Very nicely restored with superb fit and finish, exquisite attention to detail. New chrome, trim, PORTER double-cab pickup. S/N 266112936. Blue/gray vinyl. Odo: 17 miles. A pretty slick old split-window flatbed. Nearly show-quality, nicely detailed and very original-looking. Paint close to original quality with some orange peel, possibly a single-stage process. Interior sparse yet functional, seats the door panels semi-discreetly (they’re in the map pockets). Runs out well, as it’s claimed to have “significant maintenance” over the years, but nothing shown to prove it. From 24-year ownership. Cond: 3. NOT SOLD AT $25,000. The market for early 911s continues to be strong. The SCM Pocket Price Guide gives these a spread of $35k–$40k for a #2 example, but with this one’s condition and engine swap, high bid was probably fair. Silver Auctions, Fort McDowell, AZ, 01/13. #11-1971 VOLKSWAGEN TRANS- tight and clean, rare early-style steering wheel. Roof rack, pop-out front windows. Painted wheels, caps and whitewall tires. The only thing chrome is the side-view mirrors. Cond: 3+. NOT SOLD AT $25,000. With VW buses occasionally pulling $100k, a bid of $25k here 128 PORTER Campmobile minibus. S/N 2312047611. Light beige/light beige vinyl. Odo: 14,187 miles. Decent recent repaint, but weak masking. Mostly original brightwork, but generally dull. No windshield wiper arms. Sunfaded front turn signals only. Bone-stock Sports Car Market a/c is a plus, no sunroof is a minus, as is the floor-shift auto. Wheels are stock with correct early caps and trim rings. Could be a nice daily work car. Cond: 3. SOLD AT $15,950. not a big-money car, but a cool, honest old Benz worth keeping alive, and worth what it sold for. Everybody’s happy. Russo and Steele, Scottsdale, AZ, 01/13. #307-1969 PORSCHE 911E Targa. S/N 1119210666. Guards Red/black painted fiberglass/black leather. Odo: 75,370 miles. Originally metallic blue, per the body tag and exposed paint around the poorly masked tag. N.O.M. 1967 2.2-L 911S engine with 40 IDS Weber carbs. Rust blister over left rear wheel, but no other visible rust issues seen, including underneath. Doors have uneven gaps. Rather good original interior, with speakers cut into seems like an insult, but is probably marketcorrect. Russo and Steele, Scottsdale, AZ, 01/13. #SN844-1969 MERCEDES-BENZ 280SE coupe. S/N 11102412002354. White/ black leather. Odo: 80,430 miles. Decent driver with some normal day-to-day wear. Uninteresting color, average paint, decent chrome, spidered taillight lenses. Interior looks factory original throughout, on par with the mileage. Blotchy wood trim. Kuhlmeister

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Roundup motor, which is lightly dusty along with some light body paint overspray. Newer radial tires. Stock front-seat upholstery kit. Generally original camper compartment, but missing faucets correct gauge cluster and tii-only clock. No sunroof, no reserve. Cond: 3. SOLD AT $9,625. A driver-quality big-bumper car. not as desirable as a round-taillight car, but still a real tii with 4-speed. Very well bought. One of the deals of the auction. Russo and Steele, Scottsdale, AZ, 01/13. #130-1987 MERCEDES-BENZ 420SEL and most plumbing. Original Blaupunkt AM/ FM radio. Cond: 3-. NOT SOLD AT $11,500. It’s safe to say that the first-gen Type II Campmobile frenzy of a couple of years ago has subsided. And while nice second-gens saw something of a bump then, they’ve settled back down, too. Market-correct offer here. Silver Auctions, Fort McDowell, AZ, 01/13. #S739-1973 BMW 3.0 CSL “Batmobile” coupe. S/N 2275525. Silver/black cloth. Odo: 89,904 km. Good paint, nice detail, clean and solid underneath. Car sits way too high. Very nice interior let down by poor-fitting upohlstery and possibly incorrect wood trim on dash and doors. Period-correct Alpina wheels. 1973 was the first year for the big air dam and the sedan. S/N WDBCA35D2HA295601. Light tan/tan leather. Odo: 223,904 miles. Good repaint in past few years, with masking lines difficult to find and only light overspray in the wheelwells and undercarriage. All of the black-out trim and chrome shows moderate sun-fade. Daily-driver-grade unkempt engine bay. Far better interior condition than expected on a 223k-mile car. Moderate sun-fade and steel/gray leather. Odo: 13,095 miles. Washington state reassigned VIN, reusing the original VIN with two theft-recovery VIN tags. Stainless finish is typical for a DeLorean. Struts hold the doors open at 75%. Heavier wear on steering wheel rim; chip on bottom of dash at driver’s door. Otherwise, interior shows just consistent light wear and soiling. Original-style Goodyears (if not the original tires themselves). Cond: 3. SOLD AT $20,520. The buyer may regret buying a car with VIn issues when it comes time to sell, and he paid retail-plus for it. The consignor, on the other hand, is no doubt relieved to never have to deal with it again. Well sold. Silver Auctions, Fort McDowell, AZ, 01/13. cracks on steering wheel and dashpad. Optional sunroof, headlight wipers and chromed alloy wheels, with modern radials getting down to the wear bars. Cond: 3-. SOLD AT $4,320. With no history on the car, and not even a description from the seller, this sold very strong. I’ve seen better 500s and 560s with fewer miles sell for less money. Actually, just about all of them fit that bill. Silver Auctions, Fort McDowell, AZ, 01/13. splitters on the front fenders. Cond: 2-. NOT SOLD AT $160,000. For racing homologation, the lightweight “Coupé Sport Leichtbau” got an aluminum hood, doors and trunk lid, no insulation and was stripped of any unnecessary trim. Story has it that even the sheet metal was thinner. Cars with race history value can cross $250k, but high bid here was market-correct. Russo and Steele, Scottsdale, AZ, 01/13. #S608-1974 BMW 2002 TII 2-dr sedan. S/N 2780721. Malaga Red/ black cloth. Odo: 87,027 miles. “278” serial number denotes a real tii. Desirable Malaga Red respray is one notch above Econobake quality. The car has not been pampered. Seems to have original sheet metal and fits pretty well. Nice Recaro-style black vinyl seats; rears are not as fresh. No cracks in dash. Aftermarket wood-rimmed steering wheel, BEST BUY Fuchs rims. Cond: 2. SOLD AT $62,700. The last of the true original Porsche supercars, before they got crazy and unfixable. I believe I saw this car at Monterey in 2012, and I’m as impressed now as I was then. That said, I was surprised at the attention the car received. Even $50k seemed like top of the market, but good cars tend to bring top-dollar. Russo and Steele, Scottsdale, AZ, 01/13. IRISH #96-1981 DELOREAN DMC-12 coupe. S/N SCEDT26T5BD003449. Stainless 130 Sports Car Market #F462-1987 PORSCHE 930 sunroof coupe. S/N WPOJBO93XHS050206. Cassis Red Metallic/burgundy leather. Odo: 20,920 miles. Showroom-stock in a very rare color combination. Stock non-sport seats, factory dash, all clean, little wear. Tidy under the hood, in the engine bay and under the car. Factory seven- and nine-inch black-centered NOT SOLD AT $14,000. Fiats haven’t attained Isetta status, despite getting a bump in popularity from the modern version, now a common sight on American roads. This high bid was within the market range, but prices are all over the board, and the seller could get more when he tries again. Russo and Steele, Scottsdale, AZ, 01/13. #373-1968 ALFA ROMEO 1300 Junior spider. S/N AR1671699. Navy blue/black cloth/black & brown leather. Odo: 63,499 ITALIAN #S602-1965 FIAT 500 2-dr sedan. S/N 2796953. White/black vinyl/black vinyl. Odo: 83,539 miles. An impressive, brochure-quality runabout. Nice overall factory appearance. Really no faults, just a simple, clean, solid car. Nice, stock, no-frills interior. Vinyl slider, tiny steel painted wheels with caps. Cond: 3+.

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Roundup miles. High-quality bare-body repaint and major trim component replating within past decade. Lightly pitted door handles and small trim. Incorrect hook-and-loop fastening strips glued to body to hold down the modern soft top. Authentic-style upholstery work on the seats, but I question the brown insets on a blue car. ’90s CD player in dash. Patched cracks at the base of dashboard. Tidy under the hood. Cond: 3+. NOT SOLD AT $28,000. Exceptionally rare in north America, but so is a 1976 BMW 1502. It’s a pretty short line for those who’ll pay a premium for the lowerpowered economy model of a sports car. High bid looked generous. Silver Auctions, Fort McDowell, AZ, 01/13. #SN842-1972 DETOMASO PANTERA coupe. S/N THPNMC03443. Yellow/black vinyl. Odo: 48,126 miles. An original car with old edgy paint and some possible touch-up. Interior moderately used but still very original. Chrome bumpers are decent. Rear storage tray is still in the car (usually they are missing). On original Campis, slightly oxidized, and tires with some tread life left. Cond: 3. SOLD AT $33,000. Still one of my favorite Italian hybrids: great Ghia design with the reliability of the mighty Ford 351 Cleveland. Of the four Panteras here, this was the only yellow one and the most original. After cleanup, this could be a good driver with potential financial upside. Well bought. Russo and Steele, Scottsdale, AZ, 01/13. #TH241-1974 ALFA ROMEO GTV coupe. S/N AR3023920. Maroon/black vinyl. Odo: 69,987 miles. First-class finish, near Quail-quality. Laser-straight, perfect gaps, and everything lines up better then Giugiaro himself could have done. Interior comfortable and stock and looks new. Nice aggressive stance, as I can tell, only the battery and tires are not correct for the car. Cond: 2+. SOLD AT $53,900. Belongs back in Japan on display at the Toyota headquarters. This strong sale continues the trend of expensive prices for expensively restored FJs. Seller may have just broken even in total costs. Well sold. Russo and Steele, Scottsdale, AZ, 01/13. AMERICAN #43-1950 GMC FC-101 pickup. S/N FC10197334. Dark green/brown vinyl. Odo: 39,423 miles. 228-ci I6, 1-bbl, 3-sp. Generally good repaint; light orange peel on a few surfaces. Cowl vent seals have been painted over, while other body and glass seals are new. New chrome grille, emblems, hubcaps and bumpers. Good door and panel fit. Newer blackstained laminated wood for the box flooring. Lightly detailed under the hood awhile back. $24,500 on the block. Sold on the money, even though the seller was hoping for more. Russo and Steele, Scottsdale, AZ, 01/13. JAPANESE #F442-1967 TOYOTA LAND CRUISER FJ40 SUV. S/N FJ4048912. Beige/brown vinyl. Odo: 77,200 miles. Better than new. Stunning effort from top to bottom, inside and out. Nut-and-bolt restoration is highly detailed and stated to be correct in every way. Correct factory orange peel texture in the paint. All parts, panels and trim are original or N.O.S. As near realistically restored pickups out here. It was “on the sheet” for a fair $20k. Silver Auctions, Fort McDowell, AZ, 01/13. #308-1953 DODGE MEADOWBROOK woodie wagon. S/N 37215796. Light blue with airbrushed wood/white paint/white & blue vinyl. Odo: 12,104 miles. 241-ci I6, 1-bbl, 3-sp. Modified into a surfer-dude wagon, with the usual sprinkling of kitsch, plus a windshield visor, DeSoto wheel covers and Lake pipes. Lowered suspension. Newer airbrushed wood trim on a decent older repaint. Period roof rack with two boards on it; retaining cables crease the drip rail moldings. Rest of brightwork presentable. Aftermarket chrome air cleaner and voltage regulator cover. Wiring in engine bay is ready for a jar of spaghetti sauce. Seats recently redone. Late-model Jag steering wheel. Cond: 3+. NOT SOLD AT $17,500. Why is it that station wagons are so often dolled up as surfers? Some of us flatlanders and desert-dwellers also happen to like them. They can keep this one, however. Appeared to sell across the block, but in Silver’s post-sale results it’s listed as a no-sale. Silver Auctions, Fort McDowell, AZ, 01/13. #231-1959 INDIAN LANCE 150 Mk II motorcycle. S/N 52013. Maroon/black leather. MHD. Odo: 4,462 miles. Period accessorystyle leather saddle bags. Generally competent restoration, showing minimal use since completion. Good paint prep and application, both on the maroon tin and the black frame. Light scuffing on most of the plating. Like-new re- and the Panasports set it off. Has appeared in numerous shows in California and is wellknown in Alfa circles. Seller states more than $40k invested in the car. Cond: 2. SOLD AT $26,950. not as desirable as the step-nose GTVs, but better drivers. The bidding struggled after $20k and stopped at $24k. The reserve was dropped, and it hammered at 132 Reupholstered seat and door panels. Original dealer-accessory AM radio. Modern bias-ply truck tires. 3.55 ratio rear axle, per the large tag bolted to the pumpkin. Cond: 2-. NOT SOLD AT $17,500. I cringed a couple of times while writing this up, listening to tirekickers saying that this was the same thing as a Chevy. Sorry, folks. GMCs used different motors until 1968. This was one of the better pro seat. Light scrapes on the original rubber footpegs. Generally clean motor, but I wouldn’t call it spotless. Cond: 2-. SOLD AT $5,508. When the Indian Motorcycle Company plant closed in Springfield, MA, Indians became badge-engineered royal Enfields. not bad bikes—in this case it’s barely a step above a Whizzer—but the opposite end of the spectrum from a ’48 Chief. Sold slightly better than bought. Silver Auctions, Fort McDowell, AZ, 01/13. Sports Car Market

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Roundup #S711-1967 SHELBY GT500 fastback. S/N 67401F8A02483. Brittany Blue/black vinyl. Odo: 85,655 miles. 428-ci V8, 2x4-bbl, 4-sp. The only year for a factory dual-quad setup on a Shelby Mustang and the last of the “Carroll” Shelbys built in L.A. before Ford and A.O. Smith were more involved. Nice color laid over a straight, original-sheet-metal surely exceeded the high bid. Previously no-saled for $50k at Mecum St. Charles 2011 (SCM# 189323) and for $90k at Mecum Indy 2010 (SCM# 164307). Russo and Steele, Scottsdale, AZ, 01/13. #301-1968 PONTIAC GTO 2-dr hard car. With a/c, seldom seen in a stick car. Outboard lights in the grille indicate possible late ‘67 production. Cond: 2-. NOT SOLD AT $155,000. One of a number of big-block ’67 Shelbys on offer here, and one of two in this color. ’67 GT500s are the most desirable, next to ’69 or ’70 428 cars. Bidding was strong, but not strong enough, and the seller was right to hold out for more. Russo and Steele, Scottsdale, AZ, 01/13. #S758-1968 PLYMOUTH ROAD RUNNER Hemi 2-dr hard top. S/N RM23J8G232812. Midnight Blue/black vinyl. Odo: 26,108 miles. 426-ci V8, 2x4-bbl, 4-sp. Firstyear B-body Hemi Road Runner. Factory 426, bench seat, base interior, no tach, early Inland shifter and a woodgrain wheel. All work superbly executed, presents as faultless. Nice top. S/N 242378R201065. Aegean Blue Metallic/teal vinyl. Odo: 83,521 miles. 400-ci V8, 4-bbl, auto. Retains all documentation from when it was sold new in Texas, including window sticker and Protect-O-Plate. Good body prep and color-change repaint. Most brightwork has been replated. Swap out hose clamps, battery and battery cables, and the engine bay would be authentic as new. Fresh interior soft trim. Aftermarket gauge pack under the dash. Optional a/c and power steering. Hurst Dual/Gate shifter. Cond: 2. NOT SOLD AT $25,000. While Aegean Blue Metallic was a ’68 Pontiac color, the body tag states that this was built in Cameo Ivory. high offer was at the lower end of today’s market value. Silver Auctions, Fort McDowell, AZ, 01/13. #F552-1969 FORD MUSTANG Boss 302 color, good stance sitting on Redlines. Dana hanging under the spotless underside. Cond: 2+. NOT SOLD AT $92,500. Beautiful car with great attention to detail. Seller was looking for $150k, which would’ve been easy money in 2006. Today, high bid was top of the market. Russo and Steele, Scottsdale, AZ, 01/13. #F556-1968 PONTIAC FIREBIRD coupe. S/N 223378U131829. Orange/black vinyl/black vinyl. Odo: 7,340 miles. 400-ci V8, 4-bbl, auto. Beautiful award-winning car, passionately over-restored. Kind of a Carousel Red. Base interior, console, floor-shift and buckets. Big motor, TH400 and 12-bolt. On Rally IIs and Redlines. All the right stuff. Cond: 2+. SOLD AT $59,950. Flawless, top to bottom. Firebirds always seem to play second-fiddle to the Camaro, when in reality they are the same car with a different skin and heart. This outstanding fire-chicken brought some amazing money. The cost of restoration 134 pro front spoiler, rear louvers, spoiler, Magnums, and Firestones. Could sit an inch or two lower for a meaner look. Correct ’69 Boss 302 graphics. Cond: 2-. NOT SOLD AT $47,000. 1969 Boss 302s are rare, with fewer than 2,000 built compared with the 6,000-plus produced for 1970. Shakers were not available in Cond: 3. NOT SOLD AT $7,500. GM’s B-body wagons are some of the only regularissue domestic cars from the early ’90s to become collectible, but high offer here looked about double the market. I paid $1,400 for my rarer 1991 Olds version in 2004 with fewer miles, in better condition, and a freshly rebuilt transmission. With no known history and this mileage, expect that 700R4 to snap any day now. Silver Auctions, Fort McDowell, AZ, 01/13. © Sports Car Market fastback. S/N 9F02G197417. White/blue vinyl. Odo: 266 miles. 302-ci V8, 4-bbl, 4-sp. Nice, clean, well-detailed car. Possible quarter-panel replacement. Blah color combo. Factory in-dash tach and speedo with trip odometer. Well-put-together interior. Correctlooking under the hood, with chrome valve covers, air cleaner lid, stock exhaust manifolds and repro smog. California-legal. Correct re- sible quarter-panels replacements. Factorystyle wheels and Goodyear raised white-letter tires. Cond: 2-. NOT SOLD AT $115,000. 1970s are highly sought after, and this was a nice piece. For its rarity, it should have brought more, but this did not seem to be Ford’s week, compared with Bowtie and Pentastar offerings. The seller turned down an offer of $135k at Mecum Anaheim in november 2012 (SCM# 214007), which was probably a fair figure. Russo and Steele, Scottsdale, AZ, 01/13. #1-1991 CHEVROLET CAPRICE Clas- sic wagon. S/N 1G1BL83 E6MW221846. Maroon & silver/maroon cloth. Odo: 193,047 miles. 5.0-L fuel-injected V8, auto. Decent original paint, with light nicks and scuffs. Minimal waviness of plastic body cladding. Fitted with original 1994–96 Impala SS alloy wheels shod with heavily worn, semi-performance tires. Used-car engine bay. Seat and carpet wear is light for the almost 200k miles. 1969, but many were retrofitted, and this one had the stock hood. The seller was hoping for $90k. I’ll put correct value somewhere between here and there. Russo and Steele, Scottsdale, AZ, 01/13. #S699-1970 SHELBY GT500 fastback. S/N 0F02R483217. Yellow/black vinyl. Odo: 33,649 miles. 428-ci V8, 4-bbl, 4-sp. A factory “Drag Pack”-optioned Shelby. It’s rare to find a Drag Pack Mustang, let alone a Shelby with this option. Correct-looking and nice detail under the hood, with some repro accessories and markings to complete the look. Factorystock interior and shoulder belts. Body is straight, consistent gaps, great paint, correct black stripes on hood and chin spoiler. Pos

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Bike Roundup Selected Sales Combined in One Comprehensive Report The Las Vegas Motorcycle Sales Bonhams and MidAmerica ring in the new year with nearly 700 classic bikes Report and photos by Somer Hooker Market opinions in italics made it easy for bidders to attend both. Sales were very good, with a combined total of over $8.5m between the two. Among the notable bikes consigned by Bonhams was a collection of BMW RSs, including a T 1939 RS 255 “Kompressor,” built from genuine parts sourced from the race shop in the 1980s, and a 1954 BMW Rennsport “kneeler,’’ or sidecar racer. The kneeler sold for $168k, and the Kompressor sold for $480k. Both will be staying in the U.S. MidAmerica was charged with disposing of the massive collection of MV Agustas that failed to sell when offered as a single lot at the Mecum Monterey sale in August 2012. This time, offered piecemeal, sales were much more successful. Sixty-six out of 74 MV Agustas sold, for a combined value of $899k. People were spending money. Not a lot of records, but as one dealer put it, “Prices were so high I couldn’t buy anything, I guess that shows the market is good.” ♦ The Las Vegas Motorcycle Auction Company: Bonhams Location: Las Vegas, NV Date: January 10, 2013 Auctioneer: Malcolm Barber Motorcycles sold/offered: 136/132 Sales rate: 75% Sales total: $2,588,400 High sale: 1939 BMW RS 255 “Kompressor,” sold at $480,000 Buyer’s premium: 15% on first $100,000; 10% thereafter, included in sold prices ENGLISH #393-1923 DOUGLAS S-2 twin motor- cycle. S/N N/A. Eng. # CE249. Silver & green/black vinyl. Tank still has about half its original paint. Rear fender probably from a Triumph. Douglas front fender. Remnants of a crude disc brake—quite the innovation for 1923. Open exhaust pipes and unusual alloy 22nd Annual Las Vegas Motorcycle Auction Company: MidAmerica Auctions Location: Las Vegas, NV Date: January 10–12, 2013 Auctioneer: Paul Behr, Dan Wahl, Dan Schorno, Jim Landis Motorcycles sold/offered: 424/508 Sales rate: 83% Sales total: $5,988,596 High sale: 1912 Pierce Single, sold at $143,640 Buyer’s premium: 8%, $125 minimum, included in sold prices Barber Festival. The seller installed a bicycle seat and picked up an additional $20k—well sold! Bonhams, Las Vegas, NV, 01/13. #436-1950 AJS 7R “Boy Racer” motor- cycle. S/N N/A. Eng. # 507R860. Black & gold/black vinyl. Paint is very good. Proper early large tank and “swan neck” handlebars. Fitted with tachometer only. Alloy stepped rims. Proper gold paint on cases and Amal carb. Magnesium components getting chalky. carburetors. Has the rare split rim for the sealed-beam headlamp. Exhaust shows slight yellowing from use. Cond: 1-. SOLD AT $134,800. This was not a concours bike but a very, very presentable piece. Recently offered at Bonhams’ Quail sale in August but failed to sell at an undisclosed high bid (SCM# 212686). The right crowd was here, and the bike sold well. Bonhams, Las Vegas, NV, 01/13. #433-1963 TRIUMPH BONNEVILLE rocker brackets. May have been a prototype bike, and is thought to be sister to a landspeed-record bike from the ’20s. Cond: 5. SOLD AT $32,200. I saw this bike sell for close to $9k at the J. Wood auction at the 2012 138 Cond: 1-. SOLD AT $31,320. A catalog-correct example. So many of these had their engines pulled and bumped to 500 cc to become motorcycle. S/N DU4402. Eng. # T120DU4402. White/white & black vinyl. Odo: 36 miles. From the first year for the “unit construction” Triumph, so called because the engine and transmission were one unit. Minor deterioration of chrome plating, as one might expect of older cadmium. Fuel lines are the correct clear plastic; probably N.O.S. ferrules. Sports Car Market taillight. Engine is a C 1951 Vincent Rapide with later Amal Monobloc carbs. Seat is from a ’60s Honda. Cond: 4+. SOLD AT $33,000. These were considered the ultimate cafe racer in the day. You rarely see these for sale, and this was nicely built. It was also well sold, as a few dollars more could get you a real Rapide. MidAmerica, Las Vegas, NV, 01/13. #410-1952 VINCENT BLACK SHADOW motorcycle. S/N RC10581BC. Eng. # F10AB/1B/8681. Black/black vinyl. Odo: 11,708 miles. Well-documented rebuild by one of the top U.K. specialists, done some time back and still holding up. Fit and finish far better than factory. Fasteners have been replaced with stainless, once the rage but now detracts. Retains original Amal remote float he annual Las Vegas motorcycle auctions are a great prequel to Arizona Car Week. There were nearly 700 bikes to choose from this January in between two separate auctions: Bonhams and MidAmerica. Last year, there were three companies slugging it out, but Auctions America did not return for 2013. This year, one auction flowed into another, which G50s. Cammies were the zenith of British racing bikes in the ’50s and ’60s. Well bought. MidAmerica, Las Vegas, NV, 01/13. #217-1951 NORTON “NORVIN” motor- cycle. S/N 1485549. Eng. # F10AB13525. Black/black vinyl. “Norvins” were made by shoehorning a VINcent motor into a NORton frame—get it? A popular conversion in the late ’60s on. This one built by seller back in the ’60s with 10:1 pistons. Original frame and Norton 99 tank in original paint. Brakes are OEM Norton. Rear fender is a Vincent steel touring model reversed with an aftermarket

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Bike Roundup “East Coast” seat (West Coast had a strap). Paint in excellent condition with correct gold stripe on fenders. Tires correct for the period. Ex-Otis Chandler. Cond: 1-. SOLD AT $16,100. When this bike sold years ago at another Las vegas auction to Otis Chandler, it was the first time a “unit” Triumph broke the $10k barrier. he wanted it for its first-year status. This super-nice example was well bought just for the condition. Chandler provenance was icing on the cake. Bonhams, Las Vegas, NV, 01/13. #423-1971 BSA LIGHTNING motor- cycle. S/N A70LHEO1128. Eng. # A70LHEO1128. Orange & white/black vinyl. Odo: 2,473 miles. An excellent unrestored example of a documented low-production bike. Tired but original. Paint all original, original seat cover intact with a few tears, still has original turn signals. Mileage appears correct. Chrome dingy but not yet rusting. With rarely seen “pink” stripe on tank that was on the A-70 only. Black frame indicates it’s actually a 1972. Said to be one of 202 made. Cond: 3-. Aftermarket pillion pad. Aftermarket stainless mufflers with wrong pattern. Cadmium plating is brown in many places. Incorrectly catalogued as an R60, but corrected to R50 when it hit the stand. Cond: 4+. SOLD AT $7,475. BMW /2s (“slash twos”) have a lot of parts that interchange, and this bike was like an interchange book, as so many end up to keep them going down the road. Well sold. Bonhams, Las Vegas, NV, 01/13. detailed. Cond: 2+. SOLD AT $32,400. Extremely rare, and the seller even offered a “parking lot guarantee.” I was surprised that it had been shipped to the States for sale. Prewar German motorcycles are extremely rare, since so many were nationalized by the army, and the 800s were such a short run that no one ever bothered to repop parts. This climbed right up to $30k and hammered sold. Well bought. MidAmerica, Las Vegas, NV, 01/13. #440-1939 BMW RS 255 “KOMPRESSOR” motorcycle. S/N 2. Eng. # 16152. Black/black vinyl. A fresh-looking piece built in the 1980s from spares in the BMW race shop. Appears original. Front fender is dented, probably from supercharger hitting it when the forks were compressed. Frame actually appears to be a post-war item, as do the fork lowers. Cond: 2+. SOLD AT $480,000. Is a replica a replica if the factory built it? This #454-1957 VICTORIA R-200 scooter. S/N 474. Eng. # R313. Blue & cream/orange vinyl. Odo: 23,114 miles. Paint chipping is consistent with age. Front fender covered with decals from travels. Rear fender bent slightly. Unique “raygun” exhaust has minor pitting. Handlebars getting crusty but not pitted. Unique pushbutton shifter on bars. Seat has some stitching issues coming up. Cond: 3. SOLD AT $1,495. It is hard to imagine someone touring the back roads on a 200-cc scooter, but this had just the right patina. The styling was great without getting too “George Jetson.” Well bought. Bonhams, Las Vegas, NV, 01/13. SOLD AT $12,650. Everyone here was hoping no one else knew what this was: an AMA homologation bike built to make “legal” a BSA 750 engine. Typically, these were purchased and the engine was swapped into a dirt-track frame, so they are seldom found like this today. All during the preview, bidders were trying to sandbag one another by referring to it as a 650 Lightning. When the bidding started, it exploded threefold over what another Lightning brought earlier before. Well bought and sold. Bonhams, Las Vegas, NV, 01/13. GERMAN #257-1936 ZUNDAPP K800 motorcycle. S/N 192028. Eng. # 192028. Black/black leather. Odo: 19,000 km. Paint very good and workmanlike; not too deep and glossy. Chrome excellent and lots of it. Extreme Art Deco styling. Proper pre-war reversed levers. Massive “floor” shift, as seen only on pre-war bikes. Taillight wire externally run, as was common on early German bikes. Very well April 2013 was made from some rather rare parts by Walter Zeller and Gustl Lachermair. BMW ruled with their Kompressor bikes, but supercharging was banned in sanctioned motorcycle racing after WWII. So few exist it is hard to value one. This one had the proper parts but no history. Allegedly an Isle of Man winner, changed hands in the 1970s for $100k. That would make this one well bought. Bonhams, Las Vegas, NV, 01/13. #335-1955 BMW R50 motorcycle. S/N 555799. Eng. # 555799. Black/black vinyl. Odo: 21,430 miles. Looks like a quickie resto. Tank only has one stripe, whereas BMW always ran two. Chrome not tended to. Nuts rounded. Both alloy rims bent. Incorrect laterstyle taillight on rear. Air filter incorrectly painted. Pagusa seat fitted instead of Denfield. #362-1969 BMW R-60US motorcycle. S/N 1818433. Eng. # 1818433. Blue/black vinyl. Odo: 4 miles. Very well-preserved original example. One of about 20 ever painted this color. Slight yellowing of speedometer face from UV exposure. Air filter clearcoat has yellowed with time. Slight corrosion where rubber meets crankcase. Slight scratches in paint from being waxed often. Cond: 1-. NOT SOLD AT $46,000. Instead of retooling to make a new model (after 14 years of the same), BMW decided to try new colors in 1968–69. They also installed telescopic forks on these models and called them U.S. models. This was an extremely rare color. High bid seemed like a very generous offer to turn down, but “it’s only original once.” MidAmerica, Las Vegas, NV, 01/13. ITALIAN #224-1953 MV AGUSTA BIALBERO twin-cam Grand Prix racer motorcycle. S/N MV1000088. Eng. # 100036. Red/red. Perhaps the oldest original-paint MV racer in ex- 139

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Bike Roundup istence. Seat material original and in good shape. Original tachometer. Engine very original. Complex design for 1953 with a tower of gears to drive the dual cams. Tank shows typical early MV styling with a separate but fitted oil tank in rear. Oil tank has provision to allow rider’s legs to be insulated from heat of oil. The leading link fork appears to have fitment lugs for a headlight. 180-degree fender on front, as was common in competition bikes. Very good history, including photos. Cond: 2-. NOT SOLD AT $110,000. This was really an astounding piece, but I guess out of the 70-plus MVs on offer, one had to not sell. I’d value it somewhere between $125k and the $200k reserve. MidAmerica, Las Vegas, NV, 01/13. #39-1958 MV AGUSTA 175 Disco Volante motorcycle. S/N 419509. Eng. # 415300SS. Red/red vinyl. Odo: 2 km. A freshly restored 175 Disco Volante “Flying Saucer,” so called because of the tank shape. Paint very good. Good chromework. Seat cover is correct with correct badge. Genuine SS engine, which is rare. Still with metal tank (composite repops are rampant). Proper Earles-type fork. Kickstart tends to snare the muffler clamps spray-painted silver in a preservation effort. Aftermarket ignition fitted. Cond: 3+. SOLD AT $29,000. The paint always crazed on these, so what we have here is the common result: a repaint. Any repaint is better than what Ducati offered, but original finishes are of course more desirable. Despite a few cut corners, this still sold well. MidAmerica, Las Vegas, NV, 01/13. #406-1985 DUCATI 900 MHR motor- cycle. S/N ZDM1000R1000361. Eng. # 100324ZDM1000. Red & green/black vinyl. Odo: 2,034 km. An extremely crisp original example of the last of the one-year-only Mike Hailwood Replicas. Other than the typical minor stress cracks around the retaining bolts, presents as perfect. Features larger engine with plain bearings and high-pressure oil pump to patina and grease on it. Front fender tip should have a white patch on it, as was mandated for 125-cc Japanese motorcycles. Retains original fly screen and front/rear flaps. Fitted with a tachometer in lieu of a speedometer. Cond: 2. SOLD AT $11,000. These were some of Honda’s first sport bikes, similar to what honda’s riders used in 1959 to learn the Isle of Man course. These are always popular. Vendor called this an R version because of the exhaust and tach. The official books say an r should have a r in the VIn, and I’ve never seen one stamped this way, but the price paid was about right. nice early original-paint examples with aluminum tanks can hit $16k. MidAmerica, Las Vegas, NV, 01/13. #307-1989 HONDA GB500 motorcycle. S/N JH2PC1607KK002345. Eng. # JH2PC16E2002891. Dark green metallic/black vinyl. Odo: 1,351 miles. Paint in very good condition. Seat cowl still in good condition. Turn signals have been changed for smaller, less-obtrusive units. Exhaust, carburetor, shocks all changed. A rider-friendly bike. Cond: 2+. SOLD AT $11,000. GB500s were released in 1989 to try to mimic English mo- brake cable, and clutch lever is severely out of adjustment. In need of mechanical “fettling.” Cond: 1-. SOLD AT $19,500. The first of over 70 MVs offered here. I recall this bike from the 2010 Pebble Beach showfield, but this was not mentioned in auction literature. Well bought. These were never officially imported into the States, so they are thin on the ground—especially with the SS engine and Earles fork. Strong bidding up to the hammer coming down. Well bought and sold. MidAmerica, Las Vegas, NV, 01/13. #262-1977 DUCATI 900SS Desmo motorcycle. S/N DM860SS086853. Eng. # 087224. Silver & blue/black vinyl. Odo: 14,126 miles. Repaint on cycle parts and frame is pretty good, but striping slightly off. Seat material original with original zipper— unusual because zipper was usually first to go. Turn signals removed; earlier pre-’76 fairing installed with no cutouts for turn signals. Rare 140 Sports Car Market nourish them. Still has the OEM Silentium mufflers, often removed in favor of Contis. A case study in originality and one of the nicest I’ve ever seen. Cond: 1-. SOLD AT $18,975. These were built to celebrate Mike Hailwood’s winning the Isle of Man in 1978. A nice clean Mhr is hard to find. A Mille version is even harder. This was strong money, but well spent for such an original piece. Bonhams, Las Vegas, NV, 01/13. JAPANESE #495-1961 HONDA CB-92R motorcycle. S/N CB923103967. Eng. # CB92E3103941. Red & silver/black vinyl. Correct red paint color; silver tank and fenders are darker than factory. Engine appears to have the original torcycles (GB as in Great Britain) without the oil leaks and bad ignition systems. Unfortunately, in 1989 the strong yen made these cost over $4,200, and dealers got stuck with them. At one point you could find new ones for $1,700. This one blew the top off of the record book. I’ve seen new ones sell for $9k max. Usually changing the exhaust on a vintage Honda is the kiss of death for collectibility, but that didn’t matter here. MidAmerica, Las Vegas, NV, 01/13. AMERICAN #391-1912 PIERCE SINGLE motor- cycle. S/N N/A. Eng. # 4318. Red/brown leather. Paint dull but largely intact. Plating is showing its age after 100 years. Rubber and leather components starting to crack and disintegrate. With extremely rare 2-speed rear hub, as well as a pillion seat and handlebars for

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Bike Roundup passenger. With acetylene headlight and taillight, as well as period horn. Engine extremely greasy. In one family since new. Cond: 4-. SOLD AT $133,000. The Pierce company from new York made both singles and fours, and the singles have always been more desirable. This was a real time-warp piece that was fully laden with accessories. It stopped people in their tracks as they approached. A lot of money, but still well bought. MidAmerica, Las Vegas, NV, 01/13. #328-1941 INDIAN FOUR motorcycle. S/N 441251. Eng. # DDA251. Red/black leather. Odo: 45,814 miles. A nice-looking four that would respond well to a good detailing. Previously owned by Clark Gable, allegedly, but auction company says “no shred of evidence” to support the claim. Was displayed in a restaurant in San Francisco, then wiped Cond: 3-. SOLD AT $44,850. Presented in “as found” state, in line with current marketing fashion. This bike previously no-saled at Bonhams’ August 2012 Quail Lodge sale at an undisclosed high bid (SCM# 212659). If the engine was good, this was a great deal. If it makes noise, then the buyer will probably break even after it is fixed. Bonhams, Las Vegas, NV, 01/13. #390-1961 HARLEY-DAVIDSON SPORTSTER motorcycle. S/N N/A. Eng. # 61XLH1813. Red/red & white vinyl. Odo: 65,681 miles. A very correct piece. Nice patina, kind of like a well-faded pair of jeans. Bench seat has some minor stitching problems. Fitted with Buco bags, a popular after- well bought. MidAmerica, Las Vegas, NV, 01/13. #201.2-1970 INDIAN VELOCETTE VENOM motorcycle. S/N VM6562. Eng. # VM6562. Red & white/black vinyl. Odo: 6,903 miles. Paint significantly faded from exposure. Taillight plastic also deteriorated. Seat may be a re-cover. (There were so few made it is hard to know.) Oil drips underneath evidence use. Chips in paint on frame and on down before auction without much effort; shows lots of cooking grease and dust cemented by nicotine. Gas and oil caps missing. Some trim pieces have been chrome-plated. market H-D accessory. Proper alloy rims for the year. Minor pitting on chrome. SOLD AT $5,500. Another time-warp bike, as original as they get. I’m amazed that anyone could ride a Sportster for this many miles and still have their fillings in their teeth and not have a detached retina. Purchased by a museum and the engine suggest an original, unrestored bike. Cond: 3-. SOLD AT $11,000. Indian Velocettes were made by Floyd Clymer when he claimed the Indian name in the late ’60s. Frames were actually manufactured in Italy, as were the wheels, brakes, etc. It was actually a nice package, but the timing of their introduction, as the Japanese were gearing up, just didn’t work out. They aren’t really accepted by “regular” Velocette owners, but all in all this was well bought. MidAmerica, Las Vegas, NV, 01/13. © April 2013 141

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eBay Motors Online Sales Are Diesels Warming Up in the Market? Oil burners as collector cars are moving along — but not quite catching fire T rue to form, it took diesel engines awhile to warm up from concept to production. Rudolf Diesel completed his first working prototype in August of 1897. A Cummins-powered Packard appeared in 1930, but it wasn’t until the 1970s and 1980s when passenger-car makers began installing diesel power plants regularly. And manufacturers have only recently tackled emissions reduction with great success. Diesels as collector cars are following the same trajectory — moving along but not catching fire. Most are old enough for attrition to have thinned the population of most models — leaving a few for the stouthearted to cherish. It takes a certain level of stubbornness to keep a car with hard-to-source parts and narrow appeal. Our drive this month through eBay Motors takes a closer look at some of these oil burners and their place in the market. 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 #170971783621-1985 LAND ROVER DEFENDER 90 County utility. S/N SALLDVAC7AA239512. Epsom Green Metallic/gray cloth. RHD. Odo: 86,450 miles. Sunderland, U.K. 24 photos. “Ideal for U.S. export. 300 TDi Defender engine, R380 gearbox, full 300 Salsbury axles, disc brakes all round. Bare metal repaint. Original chassis in mint condition. Winch front bumper. 300 TDi snorkel. tank installed in trunk.” 1 bid. sf 7. Cond: 4+. SOLD AT $2,000. Easily the prettiest car we looked at this month. Similar examples easily go for double, but this one just didn’t catch much attention. Well bought. #221180612504-1979 VOLKSWAGEN RABBIT sedan. S/N 1793365602. Brown/tan leather. Odo: 170,000 miles. Churubusco, IN. 22 photos. “Transportation to and from college for three years. The car runs strong and smooth, with no misfires, clanking noises or knocks. Strut towers not rusty. No cracks in windshield. Passenger compartment does not leak. All lights work. Rust on the underside Cond: 4+. SOLD AT $17,800. Looks used and usable. Toyota never offered the diesel in the U.S., but the conversion to diesel power is a popular one. One of these couldn’t be converted and built at this price, so well bought. Center jump seat. New springs and shocks. New filters and fluids in engine, gearbox, transfer case and axles. Ready to go.” Buy It Now. sf 128. Cond: 3. SOLD AT $15,000. Fair deal for both sides. You won’t find many people willing to sink this kind of effort to gussy these up, and you can’t do it for the price paid. It will be less favorable to the buyer if they decided to import it to the states. #251220544281-1972 MERCEDESBENZ 220D sedan. S/N 11511012266108. White/black vinyl. Odo: 21,000 miles. Dallas, TX. 15 photos. “Few minor dings, and car has much of the original chrome. New windshield. Back driver’s side door won’t unlock or open. New paint job, but the hubcaps appear original. Horn, headlights, brake lights and indica- #230920085699-1980 OLDSMOBILE CUTLASS Supreme wagon. S/N 3H35NA2451532. Dark blue metallic/tan vinyl. Odo: 87,147 miles. “A real barn find. Original, with small scratches and dings. New batteries. Last driven in 1986. Covered and shielded from weather, but there was 26 years of dust on top including floor pans. Left rear quarter panel dented and front right fender creased. Heater blower not working. Exhaust needs to be fixed, but muffler is sound.” 31 bids. sf 64. Cond: 4. SOLD AT $610. I’m sad I missed this auction. Even with rust issues and cosmetic needs, the buyer got a heckuva deal here—to the tune of a quarter of what I’ve seen similar cars on eBay Motors bring. tors work. Brakes work well. Carpet in good shape. Clock doesn’t function, but all other gauges (fuel, oil pressure, speedometer, etc.) work. Used a/c system needs work. Extra fuel 142 #271141569033-1980 TOYOTA LAND CRUISER HJ47 Troop Carrier utility. S/N HJ47000007. Tan/blue & purple cloth. RHD. Odo: 200,896 miles. Gig Harbor, WA. 24 photos. “Seventh HJ47 built. Runs at 70 mph effortlessly. All-Toyota power steering (not Saginaw). Engine runs great when warm. H55F 5-speed shifts cleanly. 12,000-lb Warn winch in front and a custom rear bumper. Locking front and rear differentials. Factory full-floater rear axle. Rust in some body panels, B-pillars and where roof meets body. Floorboards are solid. Frame is great. Custom rear storage. Driven daily.” 5 bids. sf 82. of it when we pulled it out. The car ran for over 30 minutes. All the fluids were checked prior and were topped off prior to starting. Needs a fuel tank. The tires are radial white striped and not dry-rotted. Original owner’s manual and repair bills are included.” 12 bids. sf 52. Cond: 4+. SOLD AT $1,526. It’s popular to bash the olds 5.7, and I won’t buck that trend. Poor quality control, even worse engineering, and a lengthy time sitting all add up to the automotive equivalent of Pandora’s Box. Considering I would pay somebody to take this away from me, very well sold. © Sports Car Market

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Mystery Photo Answers My new tires are great, but I think I got screwed on the spare — Mike Talarico, via email RUNNER-UP: “Pimp My Ride” confronts budgetary issues. — Gary West, St. Petersburg, FL Subaru’s last-gasp attempt to remain in the United States market featured advanced all-wheel drive with much larger wheels, but it was deemed unsuccessful after selling only three cars. — Phil Schroeder, Platte City, MO With the clever front-hinged door design of the Isetta, there is no reason not to go for 24-inch rims these days. — James S. Eubanks, Marietta, GA Great news, Izzy! Papa says that after a couple of more rides without tipping over, he’ll take off the training wheels! — Ned Scudder, via email This early Isetta prototype shows why the door was located in the front. — Gary Francis, Chico, CA Tony was all set up to be a player. — Rick Albrechtson, La Crosse, WI I saw that car jump a row of 19 Hot Wheels cars at a Monster Truck Jam last week. It’s small but mighty. — Leslie Dreist, Troy, MI Guido was thrilled with his new BMW — Big Monster Wheels — but he still has a problem: “I set the wheels, but no turna.” — Bill McDonald, Redwood City, CA By the way, the speedometer may not be quite as accurate. — Comments With Your Renewals Missed you…. I’m back! — Brian Stein, Glen Ellyn, IL You are doing a great job. Don’t foul up. — Clinton Hackenson, Easton, CT Good magazine. — David Landis, Rowlett TX Wish I discovered your magazine earlier! Enjoy it! — William Schanctz, Dayton, OH More artwork covers from the old days! — B F Van Valkenburgh, Malvern, PA 144 This Month’s Mystery Photo Response Deadline: March 25, 2013 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@sports- carmarket.com; snail mail: Mystery, P.O. Box 4797, Portland, OR 972084797. 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. Norman Vogel, San Francisco, CA Publisher Martin’s attempt to make the SCM Isetta adapt to Portland’s icy winter roads. — Mike Buettell, Balboa Island, CA Those wheels are tiny compared to the cojones it takes to own this ride! — V.H. Brinkley, Warren, PA Isetta on steroids: All show, no go. — Dan Faustman, Elk Grove, CA Mike Talarico wins four over- sized SCM caps that can double as tire covers. © Like wine — some things just get better with age. — Roger Shapiro, Greenwood Village, CO Happy to be “SCM”er — Thomas McLeod, Mountain Brook, AL Need iPad access to subscrip- tion. — Mark Egger, Redondo Beach, CA Mark, watch this space for de- tails. our first launch of our iPad app had the teething problems of a Dreamliner, and we apologize for any inconvenience we caused. V2 is about to launch. — KM Ease away from Ferraris (please). — Bob Frisby, Boise, ID It’s difficult to find the sub- scription date. Thanks. — Joel Weyhe, Central Point, OR Joel, if you look on the mail- ing label of your magazine, you’ll find it. — KM Love the magazine! Wish I had more $$ to invest. Please have more on less-expensive cars, less than $50k. — Dyck Van Koevering, Dewitt, MI As always, print more auction reviews, charge more money! — Elliot Silber DDS, New York, NY Best car magazine, EVER! — Rodney Kemerer, Beverly Hills, CA Thanks to all on staff for the high quality and continuing enthusiasm! — Ananta Sivam, Renton, WA Your magazine is a never- ending source of pleasure! Keep up the great work! — John Waugh, Scottsdale, AZ And thanks to all of you for your thoughtful comments and your renewals. — Keith Martin Sports Car Market

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SCM Showcase Gallery Sell Your Car Here! Includes SCM website listing. Showcase Gallery Full-Color Photo Ad Just $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/place-ad to upload your photo (300 dpi jpg) and text, or text only. Secure online Visa/MC payments. Email: Send photo (300 dpi jpg) and text, or text only, to classifieds@sportscarmarket.com. We will call for your VISA/MC. Fax: Attention Showcase, to 503.253.2234 with VISA/MC. Snail mail: 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 1949 Jaguar Xk 120 Alloy roadster and chrome. A rare opportunity. $68,500. Heritage Classics Motorcar Company, 310.657.9699, Email: sales@heritageclassics.com Web: www.heritageclassics.com (CA) 1965 Aston Martin DB5 coupe S/N 1280371103815. Black/red leather. 128,000 miles. 2.2 Liter 6 cylinder, 4-sp. Drive anywhere in this restored 220SE. Its been driven from coast to coast both east/west and north/south. It was shipped to Europe and toured for 3 weeks. It has air conditioning installed by Classic Air in Tampa, engine by Metric Motors, Pacific Fuel Injection and 123Ignition, exhaust by Borla, suspension by Mercedes Classic Center and on and on. Quite probably the best 220SE coupe you’ll find. $54,995. Contact Paul, Maxatawny Auto Sales, 610.683.0480, Email: maxacars@gmail. com Web: www.maxacars.com (PA) 1961 Mercedes-Benz 220SE cabriolet German 1960 Mercedes-Benz 220SE coupe Italian 1952 Ferrari Europa Vignale cabriolet S/N 0255EU. One of only four open Vignale 212s. Matching numbers. Platinum-winning restoration. Successful participant in multiple Tour Auto, Mille Miglia, California Mille events. $1,650,000. Contact Chris, Fantasy Junction, 510.653.7555, Email: sales@fantasyjunction.com Web: www.fantasyjunction.com (CA) 1958 Alfa Romeo 1900 Super Blue/beige with black trim. 4-sp. Jaguar initially produced 13 hand-built alloy-bodied cars for export and racing. This example was one of those 13, with a pair of factory manufactured tonneaus in the factory’s attempt to reach 120 mph. Raced at Limerock, Connecticut and subsequently Elkart Lake, Bridgehampton and Silverstone, England. Same owner for 20 years. Recently vintage-raced. Includes additional engine. Jaguar Heritage Certificate. $365,000. Contact Andrew, The Classic Marque, 617.438.9992, Email: amale77@gmail.com Web: www.theclassicmarque.com (MA) 1956 Bentley S1 Hooper saloon S/N DB52925R. Dubonnet Red/Tan Connolly leather and Wilton wool carpeting. 2,517 miles. 4.0-liter, DOHC I6, ZF 5-sp. 282 hp. Absolutely stunning example of the most desirable of all Aston Martins. The body-on restoration by marque specialists Vantage Motors is beautifully finished and includes the extremely rare sliding sunroof option original to this car. The engine has been built by Connecticut race motor-specialist Tony Luther. $450,000. Contact Colton, Redline Restorations LLC, 203.335.9555, Email: colton@redlineresto.com Web: ww.redlinerestorations.net (CT) 1967 Jaguar XKE Series I coupe Black/tan. 103,044 miles. Leather interior and chocolate canvas top. Tan leather tonneau boot, gorgeous zebra wood woodwork, 4-sp, Becker Mexico radio. Lovely black-plate California car in beautiful color combination. Highly desirable fuel-injected model complete with books and tools, in excellent condition throughout. $94,500. Heritage Classics Motorcar Company, 310.657.9699, Email: sales@heritageclassics.com Web: www.heritageclassics.com (CA) 1970 Mercedes-Benz 280SE 3.5 V8 coupe White/red. 0 miles. Corvette, One of only four continuation cars built to exacting standards by former Iso employees in Italy. Virtually identical to originals built in 1964. Contact Gerd Eckstein at eckos10@ hotmail.com or visit us online for more information. Contact Darren, 704.604.0704, Email: varedo@ carolina.rr.com Web: www.isorestorations.com (NC) S/N B302BK. Claret over Silver/gray. 79,909 miles. Leather interior, automatic transmission, power windows, period LW/MW radio and tools. An absolutely magnificent example of early automotive design with a stunning profile, beautifully finished exterior paint S/N 1E34239. BRG/tan. 49,900 miles. I6, 4-speed. Built 2/2/67. 10k since complete documented restoration on rust-free example. Lovely patina, Heritage certificate, original, complete history, all documents. A joy to drive. $69,500. Contact George, 651.436.3227, Email: garthur1660@comcast. net (MI) 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. collectorcarpricetracker.com 146 3.5-ltr V8, Rare eurospec coupe with less than 50k miles (75km) and in great original overall condition. Has beautiful Champagne paint and tan leather interior. Wood trim, carpeting and leather in good condition. Has rare power sunroof with genuine Mercedes wind deflector/sunshade and floor shift automatic. A/C not functioning but original Blaupunkt am/fm radio works well. This rare car runs excellent and looks great. $44,500 OBO. Contact Ric, 416.503.3217, Email: ric1@sympatico.ca (CAN) 1991 Porsche 911 964 cabriolet S/N 1044. Red/black. 26,000 miles. Buick 300-ci, 4-sp. One of 76 coupes made. Restored and ready for paint. Also called the Apollo. $75,000. Contact Gerald, 928.853.0473, Email: geraldmcglothin@ yahoo.com (AZ) 1969 Maserati Indy S/N WP0CB296XMS461565. White/tan. 158,700 miles. 3.6L Twin-Plug H6, Tiptronic. Offered for sale is this 1991 964 cabriolet, which I have owned since 2008. The engine was completely rebuilt in 2008 at 147,379 miles, and the car now has 158,692 miles. In addition, the car has a rebuilt power steering rack, upgraded suspension (struts and shocks from a 965 Turbo) and other maintenance and upgrades, all of which has been performed by a local Porsche shop and is fully documented, in 2008–09 at a cost of approximately $15k. This car is ready to be enjoyed for the next 100,000 miles. $20,999 OBO. Contact George, 818.915.3606, Email: george@autoinno. com Web: www.autoinno.com/gallery.php (CA) 1967 Intermeccanica Vetta Ventura coupe Highly original example showing only 53,325 miles. One owner until 2008. Successful 2010 California Mille participant. Unbelievably cool and fun. $49,500. Contact Chris, Fantasy Junction, 510.653.7555, Email: sales@fantasyjunction.com Web: www.fantasyjunction.com (CA) 1964 Iso Grifo A3C Continuation coupe S/N AM116442. One of Maserati’s most effective and practical GT cars. Wonderful original interior. 22,478 Kms. Four cam V8 provides effortless performance. $69,500. Contact Chris, Fantasy Junction, 510.653.7555, Email: sales@fantasyjunction.com Web: www.fantasyjunction.com (CA) Sports Car Market

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SCM Showcase Gallery 1974 Ferrari 246 GTS Dino S/N 07834. Matching numbers. Accident- and rust-free. Recent interior. Serviced. Daytona seats, A/C, P/W, partial tools, jack kit and reproduction manual. $310,000. Contact Chris, Fantasy Junction, 510.653.7555, Email: sales@fantasyjunction.com Web: www.fantasyjunction.com (CA) American 1949 International K-B2 pickup S/N 71519. Maroon/tan. 233 I-6, Frame off, groundup restoration completed in spring of 2012. 233-ci Green Diamond engine. Transmission and brake system completely rebuilt; all-new glass, seals, engine mounts, floormat, chromed windshield, hubcaps and bumpers. All emblems re-chromed; all instruments, gauges, speedometer and switches are N.O.S., S/N 6Y87Z127279. Blue/off-white. 67,000 miles. 390-ci V8, auto. Survivor, 67k original low miles. This ‘Bird is a rare time capsule. Extremely clean condition. Purchased from the original owner in 1992 with 58k miles. New seat foam installed and a show-quality paint job done in 2009. Body panels are all straight with no dents or waviness, free of rock chips and scratches, floors are great, 390 runs smooth, has passenger headrest option, trunk is original material, not reproduction, and the jack has never been out of the car. No rust ever, the condition is truly immaculate and I would consider it show-quality. This car is original and well-cared for. $21,000. Contact Mike, 503.550.1403, Email: mike_p_spicer@hotmail.com (OR) rebuilt or restored. Original color. Tan seats and sun visors, oak body, floor and siderails spar varnished with stainless strips and fasteners. New original style wiring harness from Vintage Wiring of Maine; period options include rear bumper, dual windshield wipers, passenger mirror, heater/defroster, dual tail lights, blinkers/running and brake lights. 125 miles since restoration completed; beautiful looking and running truck. $42,500. Contact Daniel, 207.985.9850, Email: dan@rushlaw.us (ME) 1966 Ford Thunderbird Landau 2-dr coupe 1967 Chevrolet Corvette coupe 1970 Pontiac GTO S/N 194377S101551. Ermine White/blue. 63,457 miles. 327/350, M22 4-sp. Matching-numbers immaculate example. Recent frame-off restoration. Top-quality Al Knoch interior. Engine and transmission just rebuilt. New clutch and throwout bearing, new brakes, suspension components, stainless brake lines, fuel lines, radiator, and battery. $79,900 OBO. Contact Mark, Hunting Ridge Motors, 914.217.4817, Email: markstarr@huntingridgemotors.com Web: www.huntingridgemotors.com (NE) 1970 Dodge Challenger TA 2-dr hard top S/N 242370R123070. Green/tan. 15,900 miles. 400 Ram Air iii, 4-sp. Virtually all-original sheet metal except for the driver’s quarter. The fenders, quarters, floor pans, trunk pans, etc. All look factory-original and correct. The lines and gaps on this car look great. Original pepper green color (code 48 m) with gold metallic flake added instead of silver metallic flake. Although not flawless, the paint is showquality and a strong 8.5 to 9 out of 10. Contact John, 637.644.7777, Email: jh.n4511@gmail.com Race 1972 Porsche 914-6 Black/black. 572-ci Hemi, 5-speed. Satin black, polished Minilite rims, one-off touches: 5,000+ hours construction, 1,400-hp 572-ci Hemi, 5-speed, electronic suspension, laser, navigation, DVD/Sirius/ FM-HD, cameras, a/c systems, carbon-fiber kevlar interior. Contact Thomas, 715.839.9129, Email: olsongearhead@aol.com Web: www.lcars.com (WI) S/N 4722902606. 2.0L six cyl, 5-sp. Ready to go amateur racing? This 914-6 is purpose-built for Club and Vintage racing by Patrick Motorsports, Phoenix. Safe, fast, fun. Many podium finishes: Road America, Sebring, Watkins Glen, Laguna Seca, Road Atlanta, more. Correct 2.0L, 901 built to vintage specs. Spare wheels, gears and parts included. Excellent condition, ready to race. AZ/CA car. Pictures, videos, or test drive at Inde Motorsports Park. $60,000. Contact Michael, 602.421.9134, Email: sunkissed171@ gmail.com (AZ) 1986 Nissan 300ZX Turbo IMSA Firehawk Endurance racer S/N JN1CZ14S1GX100021. White/blue. 3.0-liter, turbocharged V6, 5-sp. Driven to Victory by Parnelli Jones in 1987 at the last professional IMSA race weekend held at Riverside prior to the track’s demolition. This is the original factory-supplied race car as prepared by Hillcrest Engineering that won 2 of 4 races entered, 1 trap speed and 1 lap record. Still holds all-time Firehawk purse record for one race. Featured in numerous magazines and used as Firestone’s ad car. $39,000 OBO. Contact James, 213-305-1593, Email: jdiiorio@earthlink.net (NV) 1987 Porsche 944 Turbo S/N 101. Black/red. 21,000 miles. 2.5-L turbo, 5-sp. Weissach-built 944 Turbo imported through Al Hobert with original mfg statement of origin. One of nine brought to U.S. Matter cage, no damage history, active track car with PCS and SVRA. $65,000. Contact Dennis, 407.273.6071, Email: dennyhanson@aol. com (FL) N/A Any All Wanted: Formula car or sports racer to restore. Incomplete or damaged car considered. Contact Gary, 559.353.0666, (CA) © 148 Sports Car Market

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Advertise in the SCM Resource Directory. Call 877.219.2605 Ext. 218 for information, e-mail: scmadvert@sportscarmarket.com. 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@artcurial.com. www.artcurial.com/motorcars. (FR) block. Hundreds of muscle cars, antique, collector, and special-interest cars, trucks and motorcycles. Real Cars. Real Prices. www.carlisleauctions.com. (PA) eBay Motors. List your car for sale. $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. and informed experts in the industry. www.russoandsteele.com. (AZ) Mecum Auction Company. 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) Gooding & Company. Barrett-Jackson Auction. 480.421.6694, 480.421.6697. For nearly four decades, the Barrett-Jackson Auction Company has been recognized throughout the world for offering only the finest selection of quality collector vehicles, outstanding professional service and an unrivaled sales success. From classic and one-of-a-kind cars to exotics and muscle cars, BarrettJackson attracts only the best. Our auctions have captured the true essence of a passionate obsession with cars that extends to collectors and enthusiasts throughout the world. A television audience of millions watches 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) 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. (U.K.) Palm Springs Auctions Inc. 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 Collectors Collect! See You On The Block! Bonhams. +, +44.207.585.0830. Montpelier St., Knightsbridge, London, SW7 1HH. www.bonhams.com. (U.K.) Bonhams. 415.391.4000, 415.391.4040. 220 San Bruno Avenue, San Francisco, CA 94103. www.bonhams.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) Leake Auctions. 800.722.9942, Carlisle Collector Car Auctions. 717.243.7855, 1000 Bryn Mawr Road, Carlisle, PA 17013. Spring and Fall Auctions. High-line cars cross the 150 Join Leake Auction Company as they celebrate 40 years in the collector car auction industry. Their unsurpassed 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. Russo and Steele Collector Auto- mobile Auctions. 602.252.2697, Fax: 602.252.6260. Specializing in the finest European sports, American muscle, hot rods and custom automobiles; Russo and Steele hosts two recordbreaking auctions per year; Monterey, CA, every August and Scottsdale, AZ, every January. As one of the premier auction events in the United States, Russo and Steele has developed a reputation for its superior customer service and for having the most experienced RM Auctions, Inc. 800.211.4371, 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) Keith McCormick. 760.320.3290, 760.323.7031. 244 N. Indian Canyon Drive, Palm Springs, CA 92262 A family-run auction house producing two large classic cars auctions per year. McCormick’s Palm Springs Auctions has been in business for over 25 years, and each auction features over 500 classics & exotics. www.classic-carauction.com. (CA) Worldwide Auctioneers. 800.990.6789 or 1.260.925.6789, Worldwide Auctioneers was formed over a decade ago by vintage-motorcar specialists Rod Egan and John Kruse. The sale and acquisition of classic automobiles is our core business, and no one is better qualified. Worldwide is unique in having owners who are also our chief auctioneers, so you deal directly with the auctioneer, and we are wholly invested in achieving the best result for you. Our auctions are catalogue-based, offering a limited number of higher-end consignments, with an emphasis on quality rather than volume. (We don’t limit ourselves to only selling the most expensive cars in the world, but do ensure that every car we consign is the very best of its type.) In addition to helping collectors buy and sell cars at auction, we offer specialist-appraisal, estate-management and collection-consultancy services. Our dedicated private sales division serves the needs of individual collectors who seek privacy or to acquire vehicles that may not be available on the open market. www.worldwide-auctioneers.com. (IN) Alfa Romeo 262.275.5050. The Mecum Auction Company has been specializing in the sale of collector cars for 25 years, now offering more than 12,000 vehicles per year. Mecum Auctions is the world leader of collector car, exotics, vintage motorcycles and road art sales. Auctions are held throughout the United States and broadcast live on Velocity, Discovery Network. For further information, visit www.Mecum.com. 445 South Main Street Walworth, WI 53184. 262.275.5050 (WI) 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, MO; Springfield, MO; and Phoenix, AZ. 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 866-5439393 or online at www.motoexotica. com. Worth the trip! Silver Auctions. 800.255.4485, 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 consignors are everyday people with a passion for Nostalgic and Collector cars. Come see the difference at Silver Auctions. 2020 N. Monroe, Spokane, WA 99205. Email: 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) 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 Sports Car Market RESOURCE DIRECTORY

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performance parts in stock for Giulietta 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) collections, museums and marques with a balance of authoritative writing, precise research, unique historical documents and the modern photography of Michael Furman. Please visit our website to view our latest titles and order. www.CoachbuiltPress.com (PA). 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. 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) Vintage Auto Posters. Since 1980, Appraisals 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. 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. Brighton Motorsports. Gooding & Company. 310.899.1960, Gooding & Company’s experts are well-qualified to appraise 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, AZ, 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) Buy/Sell/General Hartek Automotive, 319.337.4140, 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 pre-sale or post-sale inspections. Located in Iowa, we are equally accessible for the enthusiast from anywhere. Drive in or fly in...you will find us most accommodating. www.hartek.org (IA) The Last Detail. 847.689.8822 North Chicago / Kenilworth, IL, As “Trusted Advisors” for over 35 years, we have been helping 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) Kastner & Partners Garage. 310.593.2080, Born of a true passion for classic automobiles rather than from a purely business standpoint, Kastner & Partners Garage strives to offer some of the finest collector vehicles available, combined with unparalleled and experienced service from our spectacular Santa Monica location. We are constantly searching for new inventory, so if we do not currently have that which you are looking for or, if you have a classic that you are looking to sell, please let us know. 150 Pico Boulevard, Santa Monica, CA 90405 Ph: 310-593-2080, Fax: 310-593-2081 sales@kastnerandpartnersgarage.com www.kastnerandpartnersgarage.com Woodies USA. 949.922.7707, 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. www.woodiesusa.com. (CA) 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) Heritage Classics Motorcar Com- pany. 310.657.9699, www.heritageclassics.com. Heritage Classics Motorcar Company, the premier West Coast classic car dealership established in 1985. Offering one of the largest indoor showrooms in Southern California with an exceptional inventory of the very finest American and European classic cars available. We buy, sell and consign collectible automobiles, offering the best consignment terms available, contact us at sales@heritageclassics.com When in Southern California visit 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 web site for a full list of services. www.thecarappraiser.com. (CA) Automobilia Coachbuilt Press. 215-925-4233, Coachbuilt Press creates limited edition automotive titles for the discriminating motoring enthusiast. We present exceptional material on the most significant April 2013 our beautiful showroom and specialty automotive bookstore, Heritage Classics Motorbooks, open Monday–Saturday. For current inventory and to visit our virtual bookstore visit www.heritageclassics.com Passport Transport. 800.736.0575, 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 Paul Russell and Company. Classic Showcase. 760.758.6100, restoration 760.758.6119. Always buying: Offering top dollar for your European classics. Always selling: 3 showrooms with an excellent selection to choose from. Always Restoring: We feature an award-winning, world-class restoration facility, with the expertise to restore you car to any level, including modifications. Super craftsmanship; attention to detail; knowledgeable staff; servicing all of the collector’s needs. Located in San Diego County. Email: sales@classicshowcase.com, www.classicshowcase.comm. (CA) 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) Barrett-Jackson is proud to endorse a new breed of insurance for classic, antique, exotic, special-interest, contemporary classic and limited-edition cars. To get a quote is even easier with our new online improvements. Go to www. barrett-jackson.com/insurance/, select Get a Quote, enter in a couple of key pieces of information about your vehicle and get an estimated quote within seconds! It’s that easy. Don’t be caught without the right insurance for your vehicle. In the unfortunate aftermath of damage to your 151

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vehicle, learning that your insurance won’t restore your prized possession to its former glory, or appropriately compensate you for your loss, is the last thing you want to hear. To get a quote by phone, call 877.545.2522. Advertise in the SCM Resource Directory. Call 877.219.2605 Ext. 218 for information, e-mail: scmadvert@sportscarmarket.com. Finance historic Cedarburg since 1976 – just minutes north of Milwaukee, WI. J.C. Taylor 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. 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. English 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 Financial Services is a Ferrari owned captive finance division. Ferrari collectors reflect their devotion to preserving Ferrari’s heritage and tradition. At Ferrari Financial Services, we share that passion and stand committed to help our clients enhance their collection. No one understands a Ferrari customer’s unique perspective better than the company that designed these iconic sports cars. Whether it’s a line of credit for owners interested in utilizing the equity in their collection for liquidity, or a simple interest amortizing loan, both are provided without origination or early termination fees. Ferrari Financial Services offers a level of expertise that cannot be matched by other lenders. Contact us directly at 201.510.2500. Grundy Worldwide. 888.647.8639, Grundy Worldwide offers agreed value insurance with no mileage limitations, zero deductible*, and high liability limits. Our coverages are specifically designed for collectible-car owners. From classic cars to muscle cars, Grundy Worldwide has you covered. (*Zero deductible available in most states.) 888.6GRUNDY (888.647.8639). www.grundyworldwide.com. (PA) Aston Martin of New England. 781.547.5959, 85 Linden Street, Waltham, MA 02452. Proudly appointed Aston Martin Heritage Dealer for the USA. New and pre-owned Aston Martins are our specialty. Please contact us when buying, selling or restoring. www.astonmartin-lotus.com. (MA) www.wirewheel.com, 772.299.9788. British Sports and Race Cars BoughtSold-Traded. Located in Beautiful Vero Beach, Florida. In business for over 25 years, specializing in Lotus, TVR, Griffith, Jaguar, Austin Healey, MG, Marcos, Panoz, Lola, and more. Over 50 sports and race cars always in stock. Please check our website for our latest inventory offerings: www.wirewheel.com. (FL) Ferrari/Maserati/Lamborghini AUTOSPORT DESIGNS, INC. 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) 631.425.1555, All Aston Martin models welcome regardless of age, as new inevitably become old! Routine servicingcomplete mechanical restorations/rebuilds — cosmetic repair/paintwork to complete frame-off restoration. Large inventory of parts. All services as well as our current unventory of automobiles for sale can be seen at www.autosportdesigns.com. (NY) 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. Classic Showcase. 760.758.6100, Classic Showcase. 760.758.6100, 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) restoration 760.758.6119. World class full service restoration facility. Creating show/show drivers, and driver restorations. Specializing in British, German and Italian classics. Superb fit; attention to detail; great craftsmanship; knowledgeable staff; passionate on quality. Located in San Diego County. sales@classicshowcase.com www.classicshowcase.com. (CA) T. Rutlands & T. Rutlands West Fourintune Garages Inc. 262.375.0876, www.fourintune. com. 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 152 provides international service from one of the world’s largest Ferrari parts inventories coast to coast. We have more Ferrari parts, more Ferrari parts experience and better Ferrari parts prices than most anyone. Since 1981 T. Rutlands has been building valuable partnerships with the Ferrari industry’s most respected repair shops, professionals and car owners seeking to provide a one-stop shopping experience for Ferrari parts, tools and accessories. Ferrari parts are our only business and we are true product and service specialists in every sense of the word. When you need a comprehensive parts selection for both vintage and contemporary Ferraris, you can count on a single-source leader in the Ferrari parts business…T. Rutlands. Call us Toll Free 800.638.1444, Internationally 770.493.8852. Email: Sales@ trutlands.com. www.trutlands.com restoration 760.758.6119. World class full-service restoration facility. Creating show/show drivers, and driver restorations. Specializing in German, British, and Italian classics. Superb fit, attention to detail, great craftsmanship, knowledgeable staff, passionate on quality. Located in San Diego County. sales@classicshowcase.com www.classicshowcase.com. (CA) Premier Financial Services is the nation’s leading lessor of vintage and exotic motorcars. Our Simple Lease Program is ideal for those who wish to own their vehicle at the end of the term, as well as for those who like to change cars frequently. Our Simple Interest Early Termination Program allows you the flexibility of financing with the tax advantages of leasing. Contact Premier at 877.973.7700 or info@pfsllc.com. www.premierfinancialservices.com (CT) German European Collectibles, Inc. 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 vehicles in stock to choose from. European Collectibles also offers complete mechanical and cosmetic restorations to Sports Car Market RESOURCE DIRECTORY

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concours level along with routine service. Located in Orange County, CA, between Los Angeles and San Diego. Sales@europeancollectibles.com or visit our website www.europeancollectibles.com. (CA) dollars, with terms extending up to 84 months contact the oldest and most experienced leasing company in the country by calling 1.866.90.LEASE. Or just visit www.putnamleasing.com. Museums Mercedes-Benz Classic Center. 1.866.MB.CLASSIC, The center of competence for classic Mercedes-Benz enthusiasts — for vintage car sales, meticulous restorations by manufacturer-trained technicians and the widest selection of Genuine Mercedes-Benz Classic Parts, we are the source. www.mbclassiccenter.com. (CA) Import/Export LeMay—America’s Car Museum, opened in June 2012 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, theater, café, banquet hall and meeting facilities. To become an ACM member, volunteer or make a donation, visit www.lemaymuseum.org. (WA) Parts and Accessories Bob Smith Coachworks Inc. Cosdel International Transportation. 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, Cosdel is your comprehensive, worldwide resource for all of your nationwide and international shipping needs. We are your automobile Export Import Experts. 415.777.2000 carquotes@cosdel.com. www.cosdel.com. (CA) Italian Griot’s Garage. 800.345.5789, Griot’s Garage celebrating over 22 years as your best source for a full line of car care cleaners, polishes, waxes, sealants, and detailing accessories. Call to receive a full-color handbook/catalog or enjoy the easy-to-use website for fast and fun ordering. Sign up for weekly emails specials. Have fun on our blog at Inmygarage.com or join us on Facebook, Twitter and YouTube to watch numerous how-to videos for proper car care tips and tricks. You’ll also enjoy 13 episodes of Griot’s Garage Treasures. Our number one goal is to ensure that you always... Have fun in your garage! www.griotsgarage.com. (WA) 940.668-8622, 960.665.4657 (fax). Complete exotic and vintage automobile restoration performed by master craftsmen to the highest standards of excellence. Bob Smith Coachworks Inc., 1600 Floral Dr., Gainesville, TX 76240. Email: bsmith@bobsmithcoachworks.com. (TX) The Guild of Automotive RestorClassic Restoration. 303.761.1245, Hamann Classic Cars. 203.918.8300, with more than 30 years in the industry and worldwide clientele in dealing in European race and sports cars, specializes in classic Ferraris of the ’50s & ’60s. www.ferrari4you.com Leasing WeatherTech® Automotive AcPutnam Leasing. 866.90.LEASE. For over 30 years, Putnam Leasing has been the leader in exotic, luxury, and collector car leasing. This honor comes from Putnam’s unique ability to match the car of your dreams with a lease designed just for you. Every Putnam Lease is written to provide maximum flexibility while conserving capital, lowering monthly payments, and maximizing tax advantages. Its Putnam’s way of letting you drive more car for less money. For leases ranging from $50,000 to more than one million April 2013 cessories. 800.441.8527, MacNeil Automotive Products Limited providing Automotive Accessories for your vehicles for over 20 years. MacNeil has defined high-quality vehicle protection with the WeatherTech® line of Automotive Accessories. Choose from allweather 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 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 biweekly detailed billing, we keep you abreast of the rapid progress of your project in every way. Check out our excellent web site for details. Email doug@classicrestodenver.com. www.classicrestodenver.com. (CO) ers. 905.775.0499. The Guild is one of the most recognizable names in the business of restoring antique and classic cars, and with good reason. We are a multi-service facility, which means that your car is fully restored under one roof and the process is under full control at all times. Projects are carefully managed through all tasks, and owners are kept informed with weekly email reports, phone calls and photographs. We are skilled in all aspects of the craft of restoration and are as comfortable coach building a car from scratch as we are doing light maintenance on rare and valuable cars or tune-ups on the family’s original heirloom Model T. If you want your car worked on by a company that still maintains their passion of the hobby and provides you with the accountability of good friends, give us a call. We look forward to hearing from you. David Grainger/Janice Stone, proprietors. www.guildclassiccars.com. (CAN) Sports and Competition that specializes in Pre and Post-War European and American Automobiles. With an emphasis on French Marques including Bugatti & Delahaye and over 50 years of experience in the automotive field, we have proven to be a leader in the automotive industry. Our facility provides a full-array of services including Fabrication, Metal-Shaping, Engine & Transmission Rebuilding, Machine Shop, Award-Winning Upholstery, Paint Shop and Pattern Making & Castings. Providing these services in-house has proved to be highly efficient and has enabled us to provide our clients with the highest level of old-fashioned quality workmanship, professionalism and client services. www.alantaylorcompany.com ers Club (U.K.). Jim Feldman, 11955 SW Faircrest St. Portland, OR 97225 503-706-8250 Fax 503-646-4009 The world’s largest organization of AC owners and enthusiasts. AC ownership is not required. Monthly magazine. Email:jim@jwfrestoration.com (OR) 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) High Mountain Classics. 970.532.2339, World-class restoration, repair, and maintenance. Many Pebble Beach Class wins and Best of Show evidence our pursuit of restoration excellence. We service and maintain blue-chip collectibles, race cars, and other investment-grade cars, and provide vintage race track support. We have particular excellence with Bugatti and other pre-war marques. www.HighMountainClassics.com JWF Restorations Inc. SpecialAlan Taylor Company Inc. 760.489.0657, is a full-service automotive restoration and repair facility izing in AC restoration from street to concours, U.S. Registrar AC Own- 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, U.K. 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) © 153

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Carl Bomstead eWatch Leaping Lions! Dino Clocks Also Bring Big Bucks A Casimir Brau Leaping Lion mascot sells well, and the rising Dino tide is also floating the promotional clocks Thought Carl’s It’s hard to keep up with the ever-changing value of a buck, but the Stack’s Bowers Galleries recently managed to sell one for a whopping $10,016,875. It was a 1794 Flowing Hair Silver Dollar, and it may well be the first silver dollar coin struck. In addition, Stack’s Bowers sold a 1793 Chain Cent for $998,750. It was the first federal cent struck and one of only three that were graded MS-65 BN or higher. I guess that means it was darn good. I think we’d better check the change in the piggy bank! Here’s some other cool stuff we found — but nothing here approaches the value of those coins: EBAY #160942087842— LEAPING LION CAR MASCOT BY BRAU. Number of Bids: 7. SOLD AT: $1,929. Date: 12/27/2012. This Leaping Lion mascot was done in the cubist Art Deco style by French sculptor Casimir Brau. It was signed at the base and was in very nice condition. He also did a Leaping Horse in the same style. This was expensive — but also a very desirable early piece — so no issue with the price paid. Number of Bids: 17. SOLD AT: $14,200. Date: 1/136/2013. This 12-foot-tall sign was originally double-sided, but it had been split into two signs somewhere along the way. The porcelain was not in the best of condition, with numerous edge chips and a good-sized chunk out of the body of the sign. Large neon signs are hot property, and the damage did not seem to have an adverse effect on the value here. Bids: 2. SOLD AT: $152.50. Date Sold: 1/25/2013. This cute little cardboard display was double-sided with a couple of automotive lamps on top. It was about 10 inches in length and in excellent condition. At the price paid, a bargain. Date: 2/3/2013. This colorful toy, with a clockwork mechanism, was made by the German firm Distler and dates to 1928. Uncle Wiggly, with his cane in hand, moves back and forth as the car runs around erratically. It was from the famed Donald Kaufman Collection, where it realized $2,185, including commission, at a 2009 sale. A nice return for the seller and a nice addition to the buyer’s collection. EBAY #21112168663—1952 EBAY #261137317919—1912 BUTTE, MT, LICENSE PLATE. Number of Bids: 31. SOLD AT: $5,480.90. Date: 12/10/2012. The state of Montana first registered automobiles in 1913 and issued plates in 1914. Prior to that, the cities issued plates. This plate, which was in wonderful condition, was from that era. It attracted a lot of interest, and as we have seen in the past, license plate collectors will raid the kid’s college fund for the rare and unique. FERRARI 360 PEDAL CAR. Number of Bids: 29. SOLD AT: $3,000. Date: 12/10/2013. This was a newly created reproduction of a 1952 Ferrari Indy car. The finish is to an exceptional standard, and the workmanship and attention to detail remarkable. It was about four feet in length and weighed around 36 pounds. It would be very cool in your collection of “Big” Ferraris, but good luck keeping the grandkids away from it. EBAY #160938390897— EBAY #200885629532—1928 EBAY #271134307187— PACKARD DEALERSHIP PORCELAIN NEON SIGN. EBAY #370739782399—GE MAZDA AUTO LAMPS COUNTER TOP DISPLAY. Number of UNCLE WIGGLY’S CRAZY CAR TOY BY DISTLER. Number of Bids: 28. SOLD AT: $3,900. 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 U.S., $95 Canada/Mexico, Europe $105, Asia/Africa/Middle East $115. Subscriptions are payable in advance in U.S. 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. 154 FERRARI DINO WALL CLOCK. Number of Bids: 19. SOLD AT: $840. Date: 12/17/2012. This neon clock was in good working order and measured 24 inches by 12 inches. The seller stated he found it a few weeks earlier at a yard sale, but he had no idea what a Dino was. He learned quickly enough and realized a tidy profit — although the price paid was most reasonable. Considering how Dinos have been selling of late, a price three times what was realized here would not be unexpected. Well bought. ♦ POSTMASTER Send address changes to: Sports Car Market PO Box 4797, Portland, OR 97208 CPC IPM Sales Agreement No. 1296205 Sports Car Market