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$3.2m Ferrari 512 M Sports CarMarket Fast Money Hulk Hogan's “Legalmania” 168 Cars Rated Inside Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends August 2008 Kidston on RM's Maranello Sale 1964 Galaxie Rockets to $376k $232k VWSchwimmwagen—An Amphicar with Guns www.sportscarmarket.com

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Sports CarMarket Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends August 2008 .Volume 20 . Number 8 42 Ferraris break the Maranello bank 54 Weapons sold separately 58 Rocket Galaxie: Clear to launch IN-DEPTH PROFILES What You Need To Know FERRARI 42 Five Ferraris from Maranello Looking at 15% of the 33 cars offered, 58% of the $43m total. Simon Kidston ENGLISH 48 1976 Lagonda V8 Series 1 Saloon Hot-rodded and ready for the family. Steve Serio ETCETERINI 52 1966 Maserati Mistral 4000 Spyder $370k record price isn't a mystery. Donald Osborne GERMAN 54 1944 Volkswagen Schwimmwagen The military industrial V-dub, but $232k? Rob Sass AMERICAN 58 1964 Ford Galaxie 500 Hard Top Why yes, that is a rocket strapped to the axle. B. Mitchell Carlson RACE 60 1971 Ferrari 512 M Ferrari's “rule-bender” makes $3.2m. Thor Thorson GLOBAL AUCTION COVERAGE 168 Cars Examined and Rated at Eight Sales RM AUCTIONS 66 Maranello, ITA: James Coburn's SWB Cal Spyder makes a record $10.9m at a $43.3m sale in Ferrari's hometown. Jérôme Hardy BONHAMS 78 Monte Carlo, MCO: Bonhams's numbers jump 50% at this year's $12.7m Monaco event. Jérôme Hardy MOTLEY'S AUCTION 90 Richond, VA: A $312k total falls short of expectations at Motley's second sale. Charles Stitzer COX AUCTIONS 94 Branson, MO: Cox's return to the Branson Landing brings over $3.4m. Chuck Leighton THE WORLDWIDE GROUP 102 Seabrook, TX: The Houston Classic sees 98 of 110 cars sell for a strong $11.6m total. Carl Bomstead BONHAMS & BUTTERFIELDS 112 Half Moon Bay, CA: Sales triple and totals double to $1.8m at Legend of the Motorcycle. Paul Duchene SILVER AUCTIONS 120 Dallas, TX and Portland, OR: Affordable consignments show mixed results in Dallas and steady ones in Portland. Dan Grunwald and Paul Duchene EBAY MOTORS Cover photograph: RM Auctions 128 Ferraris for road, track, and jackstand. Geoff Archer

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38 Lakeside at Villa d'Este COLUMNS 12 Shifting Gears Calling all SCMers to Monterey Keith Martin 32 Affordable Classic Pantera—the Italo-American wedge Rob Sass 34 Legal Files Lessons from the Hulk Hogan case John Draneas 46 Sheehan Speaks How Ferrari starves its senior citizens Michael Sheehan 50 English Patient Hillman Imp and the end of Rootes Gary Anderson 56 Porsche Gespräch Why Speedsters top the Porsche heap Jim Schrager 60 Domestic Affairs Griffith 200—to infinity and beyond basic Colin Comer 132 Motobilia Time-travel toys and phantom Tuckers Carl Bomstead 134 Bike Buys $117k Ducati 750 SS—for “Super Spendy” John L. Stein 146 eWatch $15,000 Oilzum bargain Carl Bomstead FEATURE 38 Villa d'Este: The class of Europe DEPARTMENTS 16 Crossing the Block / Auction Calendar 18 The Inside Line 20 Contributors 22 You Write, We Read 24 Display Advertisers Index 28 Neat Stuff 30 In Miniature: Round-door Rolls, Porsche 917K, Aston DB5 33 20 Year Picture 86,88 Glovebox Notes: 2008 Saturn Vue Green Line Hybrid, 2009 Acura TSX /Tech, 2008 Honda CR-V EX-L Navi, 2008 Lexus GS460 sedan 92 Our Cars: 1961 Volkswagen Beetle Convertible, 1965 Shelby GT350 124 Alfa Bits 129 FreshMeat: 2008 Rolls-Royce Phantom Drophead, 2006 Bentley Continental Flying Spur, 2007 Rolls-Royce Phantom EWB 130 Book Reviews: Big BRM, Lancia dreams, and a miniature marvel 136 Mystery Photo 136 Comments with Your Renewal 138 Showcase Gallery 142 Resource Directory

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Shifting Gears Keith Martin Do You Know the Way to Monterey? The Insider's Seminar is the one time each year that SCMers can come together to discuss the state of the market and the trends to come M ore than 20 years have passed since my first vintage-car-themed Monterey visit. The tale below is now an oft-heard one, repeated by nearly Monterey veteran. Back then the vintage races were by far the most important part of the weekend, with the concours at Pebble Beach a distant second, and a young man named Rick Cole put on a collector car auction in a downtown Monterey hotel (after he was denied permission to hold it at Laguna Seca). Now, events have grown to the point where SCM puts out an entirely separate guide to the weekend, which is included with this issue for subscribers and available online at www.sportscarmarket.com. Car shows and auctions have proliferated; we wonder when events will begin to spill over into the preceding week, as the vintage racing has already done. Readers of SCM will be looking to Monterey for indicators about FahrverBoxstergnügen ownership of enthusiast Mike Warn and the capable sales management of Erik Clover, spent more than two years convincing Lamborghini to put a dealership in place. As a part of the opening, Lamborghini COO Pietro Frigerio spoke with the assembled guests about the future of Lamborghini and its relationship with Audi. He reassured the group that Lamborghini wasn't going to lose its Italian flavor through its Teutonic interactions, but that the unique high-performance Italian characteristics would be supported by a highly efficient German technological infrastructure. GPI made a 2008 Gallardo Spyder avail- able to us for a few days, and for the first time, we found ourselves driving the hyper-performance, $225,000 Italian car in Portland, a city known more for its bicycle paths than its autostrade. As we have written before, the car itself is a spectacular amalgama- the state of the market. Never before have we had the confluence of a skyrocketing collector car market and a viciously plummeting U.S. economy. Yes, there have been slowdowns in the past, but the successive shocks of a collapsed housing and lending market, the extraordinary rise of energy costs, and the pitiful value of the U.S. dollar against competing currencies provides a contemporary economic perfect storm. Against that backdrop, exceptional cars are still selling exceptionally well. Someone buying a $6 million Cal Spyder doesn't need a loan to do it, and probably has his money stashed in euros anyway. With rare, important cars, the biggest question is not what you'll have to pay, but whether you can get someone to cut loose with one. That's not likely to change this August. What will change is the sub-$250,000 market, where we believe there will be a chilling effect on prices, especially for cars that are less than perfect. Cars in this price range are often bought with home equity money (now non-existent in many cases) and represent major investments for their owners. There is simply less money available—chasing more cars as restorations are completed—and we expect to see a leveling of prices. Our Monterey seminar this year will address the market head on; “Car Collecting: The Next Five Years,” held in conjunction with Gooding & Company, is the seventh annual SCM Insider's Seminar. It's the one time each year that SCMers can gather for a no-holds-barred discussion of the market, its current state and the trends to come. The stellar faculty includes John Apen (Ferraris), Carl Bomstead (prewar American and European Classics), Colin Comer (American Muscle) and Donald Osborne (postwar non-Ferrari Italian, French, and others). Following the keynote address, each expert will lead a group to examine cars that will be crossing the block that weekend. It's a terrific opportunity to see old friends and make new ones, and to spend time with other thoughtful, intelligent collectors. Space is limited; for more details see the information on p. 41. Soft adventures We wrote several months ago that we were determined to get some se- rious seat time this summer, and so far our intentions have been realized. On May 31, Lamborghini opened its 31st U.S. dealership in our own backyard at Gran Prix Imports (www.gpimports.com). Located in Wilsonville, Oregon, just south of Portland, GPI, under the thoughtful 12 tion of Italian style and German purposefulness; our main complaint in the past—the balky paddle-shifted e-gear mechanism—was much improved. We spent one afternoon on backroads in the lightly-populated Rock Creek area. While we were careful to slow down as we passed the earnestly peddling bikers in their skin-tight garb, we were equally as careful to pay no attention whatsoever to suggested speeds in curves, or even to posted speed limits. The reasons to belong to a private track club have never been more apparent. The Porsche Mille Our other adventure was longer, and slightly more sedate. Eleven years ago, SCM Legal Analyst John Draneas created a weekend-long Porsche tour, now called the Porsche Mille Miglia (not the most imaginative name, we admit). This year, 37 cars entered, mostly late-model Porsches, and over the course of four days we covered 1,000 miles. Stops included Walla Walla, Spokane, and Leavenworth, Washington. The roads were empty and challenging, and the cult wines that magically appeared each evening were an event enhancer. We drove my wife Wendie's 2000 Boxster S, a car that is both just a commodity with so many built, and at the same time a paean to how much advanced technology manufacturers can stuff into a package. Affordable as well (our car had an MSRP of over $55,000 when new, and we bought it for $18,000 earlier this year), it turned the 1,000 miles into a stress-free romp. Our Porsche expert, Jim Schrager, asked why I found the Boxster so appealing, and if I had abandoned vintage cars. Of course not—but after so many grueling old car events, including the Mille Miglia (twice), the Tour Auto, the Colorado Grand, the California Mille and so on, it was a nice change to be able to have a top that actually kept rain out, a heater that heated, wipers that wiped, and a sense that there was a better-than-even chance we would actually make it through to the end of the day. Which left us to enjoy the handling, acceleration, and braking of the car on the scenic backroads. We'll have our 1965 Alfa Giulia Spider Veloce ready for the Monte Shelton Northwest Classic this August, so we haven't gone completely soft. But in the future, I believe our event calendar will consist of equal parts driving cranky old cars that endear themselves by what they force us to endure, and capable newer ones, which engender fondness by how little they ask and how much they deliver. ♦ Sports Car Market

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Crossing the Block Jim Pickering Column Author Last Year: 10/48 cars sold / $523k Concorso Italiano has moved from its prior location at the Bayonet Black Horse Golf Course in Seaside to the Marina Airport, and Kruse has moved its 5th annual sale along with it. Consignments at this year's event include a 1953 Cadillac Series 62 convertible, a 1970 Plymouth Hemi 'Cuda 2-door hard top, a 1948 Plymouth Special Deluxe Woody wagon, a 1969 Camaro Z/28 RS, and a 1948 MG TC roadster. 300SL at RM Meadow Brook For more information about events marked with (*) see our 64-page Monterey Insider's Guide supplement RM Auctions—Vintage Motor Cars at Meadow Brook Hall Where: Rochester, MI When: August 2 More: www.rmauctions.com Last Year: 83/94 cars sold / $9.5m Traditional American classics and vintage autos from around the globe will headline RM's annual Meadow Brook sale, which will once again be held in conjunction with the Meadow Brook Concours d'Elegance on the grounds of Oakland University in Rochester. Consignments this year include a 1930 Cadillac V16 convertible coupe, a 1930 Isotta Fraschini 8A convertible sedan, a 1909 Metz Two, and a 1956 Mercedes-Benz 300SL Gullwing. Silver Auctions—Hot August Nights Where: Reno, NV When: August 7–10 More: www.silverauctions.com Last Year: 508/740 cars sold / $13.9m Hot August Nights is America's largest managed celebration of hot rods and nostalgic cars, with last year's events seeing 700,000 people and 5,500 registered cars flooding the Reno-Sparks area during the second week in August. Silver has partnered with B&T Custom Rod for this year's edition of its flagship sale, and 900 cars are expected to cross the auction block at the Reno-Sparks Convention Center. Expect to see the spectrum of hot rods 16 and muscle cars filling out the consignment list. *Russo and Steele—Monterey Sports and Muscle at the Marriott Where: Monterey, CA When: August 14–16 More: www.russoandsteele.com Last Year: 99/161 cars sold / $10m The Monterey Marriott will again serve as backdrop for Russo and Steele at its 8th annual Monterey auction, with 150 European sports cars, American muscle cars, hot rods, and customs planned to cross the auction block. Last year saw 99 cars total just over $10m, and this year Russo will present a 1970 Lamborghini Miura SV Jota, a 1972 Ferrari 365 GTB/4 Daytona, and a 1967 Jaguar XKE SI convertible among its consignments, all presented in a high-energy, high-entertainment environment. *Bonhams & Butterfields— Quail Lodge Sale Where: Carmel, CA When: August 15 More: www.bonhams.com Last Year: 67/96 cars sold / $8.1m Headlining this year's Quail Lodge sale is Steve McQueen's “Le Mans” Porsche 908/2 Pflunder, which finished second overall in the 1970 Sebring 12Hours just behind Mario Andretti and was used as a camera mount later that year in the movie “Le Mans.” The unique 1960 Jaguar “E2A” prototype will also be offered, and with history that includes being raced at Le Mans, Elkhart Lake, Riverside, and Laguna Seca, it's expected to bring upwards of $7m. *Kruse International—Monterey 2008 Where: Marina, CA When: August 15 More: www.kruse.com *RM Auctions— Sports & Classics of Monterey Where: Monterey, CA When: August 15–16 More: www.rmauctions.com Last Year: 178/192 cars sold / $46.7m Touted as the world's largest sports and racing car auction, this annual Monterey weekend staple will offer over 200 significant, historic, and high-quality consignments at the Portola Plaza in downtown Monterey. Headliners this year include the 1956 Chrysler Diablo concept car designed by Virgil Exner and built by Ghia, a 1948 Tucker Model 48, a 1930 Duesenberg Model J Barrelside phaeton by LeBaron, a 1938 Horch 853 Special roadster, and a 1951 Ferrari 340 America. *Gooding & Company— The Pebble Beach Auction Where: Pebble Beach, CA When: August 16–17 More: www.goodingco.com Chevelle SS at Silver Hot August Nights Sports Car Market

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Duesenberg Speedster at Worldwide Auburn Last Year: 122/134 cars sold / $61.3m Gooding's 2007 Pebble Beach Auction saw 91% of the 134 cars on offer sell for a total of over $61m—the highest total on the peninsula—and the company is hoping to maintain that momentum at this year's event with more than 130 cars again expected to cross the block over two nights. Headliners at include a 1959 Ferrari 250 GT California Spyder, a 1934 Triumph Dolomite 8C 2400 Supercharged Grand Sport, an original 1914 Stutz Series E Bearcat, and a collection of Bugattis. Carlisle Events— Corvettes at Carlisle Auction Where: Carlisle, PA When: August 22–23 More: www.carlisleauctions.com Last Year: 26/82 cars sold / $1m This second annual Corvette auction will take place alongside Corvettes at Carlisle. Examples spanning each generation of America's sports car will be available, including a 1965 327/300 4-speed convertible, a 1966 L72 427/450 early-production 4-speed convertible, and a 1994 ZR-1 coupe in Polo Green. The Worldwide Group— The Auburn Auction Where: Auburn, IN When: August 30 More: www.wwgauctions.com Worldwide's inaugural Auburn auction at the company's new 140-acre U.S. headquarters and auction site will coincide with the annual Auburn Cord August 2008 Duesenberg Festival over Labor Day weekend. Eighty cars will cross the auction block, including a 1933 Duesenberg SJ Speedster, a 1911 Rolls-Royce Silver Ghost Roi-des-Belges tourer, a 1953 Aston Martin DB2 Prototype, and a 1934 Packard Twelve 1107 touring—one of only four known to exist. Kruse International— Fall Auburn 2008 Where: Auburn, IN When: August 28–September 2 More: www.kruse.com Last Year: 715/1,410 cars sold / $22.5m The 480-acre Kruse International Auction Park will serve as backdrop for the 38th Auction Calendar All dates listed are current at time of publication. Contact information for most auction companies may be found in the Resource Directory at the back of this issue. Please confirm dates and locations before attending any event. Email auction info to: jim.pickering@sportscarmarket.com. July 2—BRIGHTWELLS Herefordshire, UK 5—COYS Oxfordshire, UK 5-6—SILVER Jackson Hole, WY 11—BONHAMS Sussex, UK 12—ICA Iola, WI 12—MIDAMERICA Monterey, CA 12—PETERSEN Roseburg, OR 18-19—SANTIAGO Oklahoma City, OK 21—SHANNONS Sydney, AUS 21-22—BARONS Surrey, UK 23—H&H Buxton, UK 26—BONHAMS Silverstone, UK 26—CHEFFINS Cambridge, UK 26—KRUSE Midland, MI 26—MECUM Des Moines, IA August 1—KRUSE Denver, CO 2—KRUSE Verona, NY 2—RM Rochester, MI 7-10—SILVER Reno, NV 9—BONHAMS Sussex, UK 9—COYS Nürburgring, DEU 14-16—RUSSO AND STEELE Monterey, CA 15—BONHAMS & BUTTERFIELDS Carmel, CA 15—KRUSE Marina, CA 15-16—RM Monterey, CA 16—CHEFFINS Harrogate, UK 16-17—GOODING & COMPANY Pebble Beach, CA 22-23—CARLISLE Carlisle, PA 24—ICA Deadwood, SD 28-Sept.2—KRUSE Auburn, IN 30-31—SILVER Sun Valley, ID 30—WORLDWIDE Auburn, IN September 1—BONHAMS London, UK 1—SHANNONS Melbourne, AUS 3—PETERSEN Salem, OR 5-6—MECUM Canal Winchester, OH 5-6—TOM MACK Charlotte, NC 8-9—BARONS Surrey, UK 12-13—COX Branson, MO 13—BONHAMS Beaulieu, UK 14—BONHAMS & GOODMAN Melbourne, AUS 19—BONHAMS Chichester, UK 19-20—DAN KRUSE CLASSICS Fredericksburg, TX 19-20—MIDAMERICA Blaine, MN 19-20—SANTIAGO Tulsa, OK 20—ICA Sioux Falls, SD 20—LEAKE Houston, TX 26-27—BONHAMS & BUTTERFIELDS Owls Head, ME 27—SILVER Portland, OR 17 edition of Kruse's trademark Fall Auburn sale. Five thousand cars are expected to pass through three simultaneous auction rings, including a 1932 Auburn boattail speedster, a 1930 Cord L29 four-door phaeton, a 1930 Cord L29 two-door, and a Batmobile from “Batman Returns.” ♦

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Inside Line Stefan Lombard Send news and event listings to insideline@sportscarmarket.com. SCM News ■ Reserve your spot now for the seventh annual SCM Monterey Insider's Seminar, to be held Saturday, August 16, in the Gooding Pavilion at Pebble Beach. The event is entitled “Car Collecting: The Next Five Years.” Publisher Martin will explore the hobby historically, analytically, and predictively. Participants will then complete two of four electives with SCM's experts. See the registration form on p. 41, and visit www.sportscarmarket.com/monterey2008 for more information. ■ SCM PublisherKeith Martin will serve as emcee at the 2008 Meadow Brook Concours d'Elegance on Sunday, August 3. Said event chairman Larry Smith, “We're thrilled Keith will be on hand. Who better to emcee this year's spectacular concours than one of the most recognized individuals in the classic car field?” This year's 30th Featured Event anniversary event will celebrate significant Ferraris, GM's 100th Anniversary, the Class of 1933, 16-cylinder cars, 8-liter Bentleys, and motorcycles with sidecars. Adult entry is $25, students with ID and kids 12 and under free. Visit www.meadowbrookconcours.org for more, and early-bird special pricing on admission. (MI) News ■ Gooding & Company has added two full-time specialists to its auction team. Andrew Reilly comes over from Bonhams & Butterfields, where he was an automotive appraiser, while Garth Hammers has been a part of the Gooding team in years past, and now joins its ranks in a permanent position. www .goodingco.com. ■ RM Auctions has also added a specialist to its staff. Restorer Bob Mosier joins the company and will work alongside Managing Director Ian Kelleher at RM's West Coast division in California. www .rmauctions.com. Events ■ Hot August Nights re- turns to Reno, “the biggest little city in the world,” from August 1 to 10. Bring your best bit of Detroit iron and join 800,000 other people for the nightly cruises, dozens of concerts, Prom night, swap meets, and show-n-shines galore. Most events are free. www.hotaugustnights.net. (NV) ■ Monte Shelton's 20th Northwest Classic Rally is a can't-miss event staged from August 7 to 10. The four-day rally will depart Shelton's Portland dealership and head toward Mt. Hood on some of Oregon's best driving roads. The event is limited to 80 cars (pre-1974), and participants will be treated to great meals, exceptional scenery, and one helluva good time. $550 entry plus lodging at Mt. Hood. SCM is proud to be a sponsor. www .alfaclub.org. (OR) ■ Come the third week Ed Rittenhouse in his 1933 Chrysler CL Roadster LeBaron It didn't take long for the Kirkland Concours d'Elegance to become a premier automobile event in the Pacific Northwest. All the best ingredients are there to make it a classy affair: a beautiful waterfront location, an enthusiastic crowd, and some of the world's finest cars. Event organizers even schedule it for early September, which theoretically means you'll get a dry, sunny day. This year's sixth annual show takes place Sunday, September 7, at Carillon Point, nestled on the eastern shore of Lake Washington, just across from Seattle. Kirkland celebrates not only vintage automobiles, but classic motorcycles and wooden boats as well, and the 2008 featured class will be “Lipstick Red Convertibles,” which includes open cars from any era. Among the ten other classes are 16-cylinder Marmons and Cadillacs, Brass Era cars through 1924, and significant hot rods of the 1930s, '40s, and '50s. Publisher Martin joins Edward Herrmann as co-MCs of the event. The second annual Tour d'Elegance will kick the weekend off as vintage classics tour the Washington back roads in style. As always, the Kirkland Concours d'Elegance will benefit the uncompensated children's healthcare funds at Children's Hospital and Evergreen Medical Center. www.kirklandconcours.com. (WA) 18 of August, the Monterey Peninsula will be packed with gearhead delight. With four concours, half a dozen (or more) places to buy the best automotive art and memorabilia, four exclusive rallies, five auctions, and the best vintage racing on the planet, there's no excuse to walk away disappointed. Which is why no one ever does. See our 64-page 2008 Monterey Insider's Guide—a special supplement included with this issue—for full details about every event, auction previews, and feature stories. Or read and download it online at www.sportscarmarket .com. (CA) ■ If you're looking for V8 nirvana, then Corvettes at Carlisle is the place to be August 22 to 24. Dozens of events are scheduled, including a silent auction, parade, dyno testing, swap meet, NCCC judging, NCRS gallery, and plenty more. GM team members behind the Corvette will be on hand all weekend to answer questions and do walk-arounds. Adult tickets are $12, kids 12 and under free. www.carsatcarlisle.com. (PA) ♦ Event Calendar 1-10—Hot August Nights (NV) www.hotaugustnights.net 2-3—Schloss Dyck Concours (DEU) www.schloss-dyck-classic-days.de 3—Meadow Brook Concours (MI) www.meadowbrookconcours.org 4-7—AACA Eastern Tour (MA) www.aaca.org 4-13—Pebble Beach Motoring Classic (CA) www.pebblebeachconcours.net 7-10—Northwest Classic Rally (OR) www.alfaclub.org 11-12—Carmel-By-The-Sea Concours On The Aveune (CA) www.motorclubevents.com 11-13—The Quail Rally (CA) www.quaillodgeevents.com 12-13—Automobilia Monterey (CA) www.automobiliamonterey.com 13-17—Blackhawk Exposition (CA) www.blackhawkcollection.com 14—Pebble Beach Tour d'Elegance (CA) www.pebblebeachconcours.net 15 Concorso Italiano (CA) www.concorso.com 15—Pacific Grove Concours Auto Rally (CA) www.pgautorally.org 15—The Quail, A Motorsports Gathering (CA) www.quaillodgeevents.com 15-17 Rolex Monterey Historic Races (CA) www.montereyhistoric.com 15-17—Pebble Beach RetroAuto (CA) www.pebblebeachconcours.net 16—7th Annual SCM Insider's Seminar (CA) www.sportscarmarket.com 16-17—AFAS Exhibition (CA) www.autoartgallery.com/afas 17—Pebble Beach Concours (CA) www.pebblebeachconcours.net 21-23—AACA Central Fall Meet (IA) www.aaca.org 22-24—Corvettes at Carlisle (PA) www.carsatcarlisle.com 22-24—Geneva Concours (IL) www.genevaconcours.com 23—Utah Concours (UT) www.concoursutah.com 30-31—Het Loo Concours (NLD) www.concourselegance.com 31—Italian Concours (WA) www.italianconcours.org 31—Rocky Mountain Concours (CO) www.rmconcours.com 28-Sept 1—Moscow Intl. Motor Show (RUS) www.mims.ru/en Sports Car Market Bob Gassen, Humanature Photography

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SCM Contributors B. MITCHELL CARLSON grew up in rural Minnesota, where he developed an early interest in tractors, trucks, and muscle cars. He wrote his first auction report for Old Cars Weekly in 1990 and has contributed his colorful commentary Sports Car Market since 1998. His work appears regularly in Kelley Blue Book, and also in a handful of marque-specific publications. Carlson shuns what he calls “single-marque tunnel vision” and takes great pride in his “vehicular diversity,” which basically means Corvairs, Packard Eights, BMW 2800s, and a Whizzer motorbike. He attends about two dozen auctions a year, and while covering Dana Mecum's Spring Classic in Indianapolis, he watched a far-from-stock Ford Galaxie cross the block. He profiles that car this month on p. 58. SIMON KIDSTON began his automotive career in 1988 as assistant auction manager at Coys. He was running the department three years later. In 1996, he co-founded and ran Brooks (now Bonhams) Europe in Geneva, where he staged the annual Les Grandes Marques à Monaco sale in Monte Carlo and created the Ferrari winter auction in Gstaad. These days he runs a consultancy for car collectors based in Geneva, where he lives. He is the official presenter at the Mille Miglia and Villa d'Este concours and a judge at Pebble Beach, and he hosts motoring shows on the Smithsonian Networks channel. This month he analyzes five Ferraris from RM's Maranello sale, which represent $25m—nearly 60%—of the $43.4m haul. You'll find his thoughts on p. 42. KIRSTEN ONODAY is SCM's Art Director, a position she has held since 2003. Her keen eye and attention to detail have been the force behind SCM's evolving look, leading to the highly-stylized appearance of the entire magazine today. From the magazine itself to all the books SCM puts out, there is no part of any of them that hasn't benefited from her talents. Though she won't describe herself as a “car person,” she constantly amazes her husband—and her colleagues—when she points out the Lancia Fulvia down the block, or the Lamborghini Espada across the lot. Her automotive tastes tend toward the “cute,” and while she'll happily ride shotgun in a Gallardo or Iso Rivolta, you'd be hard-pressed to wrangle from her the keys to a Fiat 500 or Pagoda SL. JOHN L. STEIN is the product of the 1960s SoCal car and bike culture and has been screwing around with Ducati motorcycles since he was 16. An unhealthy tri-polar interest in cars, bikes, and boats saw him simultaneously gripped by the ownership of a twin-cam Lotus Europa and Kaiser Special, NSU Super Max and Ducati 750 GT motorbikes, and a mahogany Chris-Craft runabout. Some of them actually ran. After leaving his job as Road Test Editor at Cycle magazine, he had short-lived career in marine biology before becoming Associate Editor at Automobile and then Editor of Corvette Quarterly, GM's official journal for Corvette. He makes his SCM debut this month in “Bike Buys” on p. 134, where you'll find his take on the race-bred 1974 Ducati 750 SS. 20 Sports CarMarket Publisher Keith Martin keith.martin@sportscarmarket.com; 503.261.0555 x 210 Art Director Kirsten Onoday kirsten.onoday@sportscarmarket.com; 503.261.0555 x 202 Executive Editor Paul Duchene paul.duchene@sportscarmarket.com; 503.261.0555 x 206 Managing Editor Stefan Lombard stefan.lombard@sportscarmarket.com; 503.261.0555 x 203 Auction Editor Jim Pickering jim.pickering@sportscarmarket.com; 503.261.0555 x 208 Copy Editors Yael Abel, Kristen Hall-Geisler, Bill Neill Senior Auction Analysts B. Mitchell Carlson, Carl Bomstead Auction Analysts John Clucas (Australia), Richard Hudson-Evans (Europe), Daniel Grunwald, Chip Lamb, Norm Mort (Canada), Paul Hardiman (Europe), Jérôme Hardy (Europe), Phil Skinner Contributing Editors Steve Ahlgrim (Ferrari), Gary Anderson (English), Colin Comer (Muscle Cars), John Draneas (Legal), Donald Osborne (Etceterini), Jim Schrager (Porsche), Michael Sheehan (Ferrari), Thor Thorson (Race Cars) Contributors John Apen, Diane Brandon, Marshall Buck, Miles Collier, Kathy Donohue, Martin Emmison, Paul Hardiman, Simon Kidston, Raymond Milo, Rob Sass, Steve Serio Information Technology/Internet Bryan Wolfe bryan.wolfe@sportscarmarket.com; 503.261.0555 x 215 Financial Manager Nikki Nalum nikki.nalum@sportscarmarket.com; 503.261.0555 x 205 Strategic Planner Bill Woodard Print Media DirectorWendie Martin wendie.martin@sportscarmarket.com; 206.427.1652 Executive Producer, SCM Television Roger Williams roger_williams@earthlink.net ADVERTISING Advertising Executives KJ Glennon kj.glennon@sportscarmarket.com; 877.219.2605 ext. 222 John Scharff john.scharff@sportscarmarket.com; 314.802.8139 Cody Wilson cody.wilson@sportscarmarket.com; 877.219.2605 ext. 213 SUBSCRIPTIONS Subscriptions Coordinator Jennifer Davis-Shockley jennifer.davis@sportscarmarket.com; 503.261.0555 x 204 To order new subscriptions 800.289.2819 Questions about current supscriptions 877.219.2605, ext. 204, service@sportscarmarket.com, fax 503.253.2234 www.sportscarmarket.com CORRESPONDENCE Email service@sportscarmarket.com Fax 503.253.2234 General P.O. Box 4797, Portland, OR 97208 FedEx/DHL/UPS 401 NE 19th, Suite 100, Portland, OR 97232 The information in Sports Car Marketmagazine 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 © 2008 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 Undeliverables 355 Admiral Drive, Unit 4, Mississauga, ON L5T 2N1 PRINTED IN USA

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You Write We Read All letters are subject to editing. Please address correspondence to SCM, P.O. Box 4797, Portland, OR 97208. Fax 503.253.2234, e-mail: youwrite@sportscarmarket.com Missing the point I am a loyal subscriber of several years, but I read with a heavy heart Keith Martin's “Shifting Gears” column decrying swap meets and seemingly plotting their demise (June, “The Shadow of the Internet,” p. 10). I am a true enthusiast, and it pained me to read about eBay and other various sites providing instant gratification to the entire world. Sure, I admit these sites have their place, but to miss a swap meet is like missing a family member's birthday. I really think you are missing the point. Where else can you go and see, in person, a pristine 1972 Cadillac Coupe DeVille with 39,000 miles and no more than 100 yards away see a Ferrari Enzo. Such opposites and disparities can't have a “convenience factor” placed upon them, as you can't hear an Enzo run on eBay in person. I am not begrudging someone who actually needs something from using the Internet to obtain the unobtainium, but our hobby is, by definition, a social hobby. You can't win or lose any contest unless you have an opponent. Don't send the swap meet into the good night just yet. As long as there are parts to buy and sell, and as long as there are things to collect, I will continue to scour every inch of these venues looking for the diamond in the rough.—David Zussman, Cincinnati, OH Keith Martin's June editorial describing the demise of the old car parts swap meet was devoid of any appreciation for its true essence and for many of us its raison d'être. If indeed the sole purpose (and perhaps it is for Martin) of the swap meet is to score a driver's side N.O.S. armrest for an Alfa Milano, a set of spring gaiters for a 20/25 Rolls-Royce, or an MIB Dinky gift set No. 249, then perhaps the Internet and eBay are the answer. Indeed, with little caloric expenditure you can punch a keyboard and rest assured that a set of control 22 If you go to a swap meet with no shopping list andallow the magic of serendipity to accompany you up and down the aisles, you may very well reap its benefits arm bushings for a Sabra will appear in the post within the week. If, however, you go to a swap meet with no shopping list and allow the magic of serendipity to accompany you up and down the aisles, you may very well reap its benefits. In the last two years, without any expectation, need, or even anticipation, I acquired a Talbot-Lago steering wheel, a Pratts fluted oil bottle, and a Rolland Pilain winged sphinx radiator mascot. Three great flea market finds regardless of the fact that I didn't need any of them. Granted I might have found them on the Internet if I had them on my “needs list.” But the opportunity to find them, examine them, talk to the vendors, become inspired by holding them, and yes, play a round or two of “What's the best you can do?” is one of the most pleasant of the non-driving motoring experiences. Throw in meeting old friends, meeting new friends, learning and teaching and assaulting your senses with a cornucopia of the most amazing contraptions that man has wrought, and it's no wonder every civilization has had its version of the marché aux puces. From Hershey to Beaulieu and beyond, the lure of the parts stalls has been one of the commonly shared aspects of the hobby since its inception. Maybe Martin needs to revisit his “parts list” and simply add some funnel cakes, mud, camaraderie, and a few things he didn't need but couldn't pass up. Sadly, his thoughts on the utilitarianism of the flea market are reflective of someone who perhaps is too enmeshed in the market side of the marketplace. The tag line of Sports Car Market has the right order: “Collecting” comes first. The flea market is the place that fathered it all.—Rick Rader, Chattanooga, TN Keith Martin responds: Both Rick and David correctly identify the essence of today's swap meet experience, which is akin to a safari through a jungle, with your collecting net poised to snap up anything interesting you come across. And at the same time, having the chance to meet other safaristas and tell tall tales. In short, less an exercise in parts-problem solving than social experience. I enjoy the communal side of swap meets, and so long as I don't really expect to come home with anything I need (and “need” is of course a subjective term), they are a terrific way to while away the hours. Special stage indeed Regarding your June article on the 1973 Porsche Carrera RS (“German Profile,” p. 56), I wonder if you might be able to share some secrets. In the intro text, you write,

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Ad Index Aston Martin of New England ............105 Automobilia Monterey .........................127 Autosport Designs ...............................109 BB One Exports ...................................123 Beverly Hills Classic Cars .....................95 Bluegrass 1000 .....................................125 Bonhams & Butterfi elds ..................14, 25 Branson Collector Car Auction ...........107 Brighton Motorsports ..........................123 Canepa ....................................................57 Carlisle Events ........................................73 Carriage House Motor Cars ...................45 Cars International Kensington Ltd. ......71 Champion Motor Group .........................85 Charles Tanner Coachworks ................141 Chequered Flag Int'l ............................ 111 Classic Showcase .................................141 Concorso Italiano ...................................75 Condon & Skelly ....................................47 Copley Motorcars Corp. ......................125 Cosdel ...................................................133 County Corvette ...................................137 Davidoff Zino Platinum .......................137 Digit Motorsport ..................................105 Doc's Jags .............................................133 Driver's Houston Auto Works ...............93 European Collectibles ..........................133 Exclusive Motorcars ..............................91 Exotic Car Transport ............................145 Fairfi eld County Concours ....................97 Family Classic Cars .............................113 Fantasy Junction ...................................115 FECC Passport Auto Transport ...........141 Fine Sports Cars ...................................145 Fourintune Garage Inc .........................144 Glenmoor Gathering ...........................109 Gooding & Company .........................2, 39 Gran Turismo Motorsports ..................121 Griot's Garage, Inc. ................................67 Grundy Worldwide ................................61 Hagerty Insurance Agency, Inc. ............29 Hamann ................................................167 Heacock Classic ..................................125 Hilton Head Island Concours ..............113 HUB International ............................... 111 Hyman, Ltd. ...........................................99 Intercity Lines ........................................35 Italian Car Parts ...................................144 JJ Best Banc & Co ................................139 Joe Sackey Classics ..............................107 Kidston ...................................................21 Kirkland Concours ...............................101 Macneil Automotive ..............................77 Mac's Custom Tie-Downs ...................115 Maserati North America ........................19 Meadow Brook Concours ......................79 Mercedes Classic Center ........................51 Miller's Incorporated ...........................145 Morris & Welford, LLC .........................23 Motorcar Portfolio .................................83 Newport Beach Concours d'Elegance ..55 Niello Concours At Serrano ................127 Palma Sola Media Inc. .........................133 Park Place LTD ....................................131 Paul Russell and Company .................. 117 Pebble Beach Retro Auto .....................103 Plycar .................................................... 117 Poff Transportation ..............................145 Premier Financial Services ..................147 Presidio of San Francisco Concours ...127 Putnam Leasing ......................................27 Quail Lodge Resort & Golf Club ..........65 Rinstad Auctions, LLC ..........................80 RM Auctions .................... 4, 5, 11, 13, 127 Ron Tonkin ...........................................119 RPM Motorbooks .................................144 Russo And Steele ...................................36 Silver Auctions .......................................69 Sports Car Shop ...................................121 Spyker of North America LLC ..............89 St. Louis Car Museum .........................135 Sun River Concours ...............................87 Swissvax ...............................................141 Symbolic Motor Car Co ...........................3 Ulysse Nardin Watches ........................148 US Appraisal ........................................137 Vintage Rallies .....................................118 VintageAutoPosters.com .....................145 Web Steel Sales, Inc. ............................145 Worldwide Group .................................6, 9 Theengine and three-speed automatic my Ferrari carriedwere from an Olds F-85, and it had an MG B rear end “In completing the long 35.5kilometer St. Barthélémy to St. Michel les Portes special stage in 3 minutes 53 seconds during the 1975 Monte Carlo Rally, this RS achieved the fi fth fastest time overall…” Who was the genius tuner and how did he manage to make a Carrera RS average over 370 mph on that special stage? What an article that would be!—Stephen C. Goss, Delray Beach, FL Stefan Lombard responds: Stephen, now you know the real reason that RS sold for $426k. Actually, thank you for the catch. The correct time was 31 minutes, 53 seconds, at an average speed of 41.86 mph. My old Ferrari runt I'm writing about a car featured on p. 72 of your March issue in the “RM Market Report.” The car is lot 263, a 1953 Ferrari 212 Inter coupe, s/n 0275EU. Jérôme Hardy writes the car was “fi tted with 1952 MY engine from 0261EU.” It was hard to believe, even as I read it, that I would ever see those numbers again. In the middle 1970s, I bought a Ferrari in Los Angeles. It had a Pinin Farina body with a one- piece windshield and three-piece rear window. The engine and three-speed automatic it carried were from an Olds F-85, and it had an MG B rear end. It was California-registered as a 1952 Ferrari, s/n 0261. In checking with the Ferrari Club of America, I learned from Dyke Ridgeley that 0261 was originally a Vignale coupe. I checked the number on the left upper tube between the fi rewall and front suspension and it was indeed 0261EU. So it seems that both 0275 and 0261 were rebodied by Pinin Farina? I always wondered what the story was regarding my car's engine and transmission. I also wonder where 0261 is now, especially because—thanks to SCM—I now know where the powerplant ended up.—J. Dean Miner, Ojai, CA My own dream Mercedes I wanted to thank Alex Dearborn for a well-written article on a great car, the W113 series of Mercedes convertibles—230SL, 250SL, and 280SL (June, “Picking a Pagoda,” p. 128). I am pleased to own two 280SLs and enjoy them as daily drivers. I fi nd them to be very dependable, comfortable, and great fun to drive. Plus, they are fairly easy to service and once fi xed will stay fi xed. I have a few bits of advice for owners and future owners of the 113. Dearborn mentioned the factory-authorized air conditioning, which many cars have. Since it was designed and built in the U.S., all major parts of the a/c can be serviced by most any a/c shop in the U.S., and parts such as compressors, driers, etc. are easily sourced. The poor diffusion of air can also be fi xed. I had my underdash unit rebuilt by Jerry West at www.europeancoolerair.com. He installed internal baffl es for uniform air diffusion, increased the fan's cfm, and increased the evaporator's output from 12,000 to 16,000 Btu. He also increased the number of adjustable vents. A few items I would add to Dearborn's “dream SL” would be a two- or four-band stereo. The former is true stereo c. 1970, while the latter has short wave. I would also add the ultra-rare optional locking differential and the optional third seat. Thank you again for the article. Dearborn is an authoritative source of information on these cars, and I've always found his previous articles to be spot- Sports Car Market

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You Write We Read Therehas been considerable work done to the all-steel body, including the hammer-welded rear fenders on in terms of accuracy.—Will Samples, Dallas, TX 2+2 for me and you I'm writing briefly with re- gard to John Apen's recent article on the 1962 Ferrari 250 GTE 2+2 (May, “Ferrari Profile,” p. 46). I maintain the Register for these cars. Any SCMers out there who have one or are considering one should feel free to contact me at Newsletter250GTE@aol .com.—Bill Preston, Prescott, AZ I tried it in college In his recent discussion of tonneau covers (June, “Comes With Three Tops,” p. 32), Rob Sass expressed his opinion that they were of little to no value. Please allow me to rebut. As a college student in the early 1980s, I parked my MG B in the dorm parking lot, and my tonneau was indispensable. During the warm weather months, I always left the convertible top down and covered up with the tonneau when parked. It not only provided protection from the presents that birds drop, but also made a less inviting target when drunks came back to the parking lot and emptied their stomach contents on the way to the dorm. When driving by myself, I often had books and papers with me. By keeping the passenger side covered, I avoided having to chase frantically after liberated pages. In addition, the tonneau keeps the sun off of the seats, dash, and steering wheel. While the tonneau would be overwhelmed by rains of over an inch, it was adequate for light showers. If a way could be devised to prop up the middle, the drainage would improve dramatically. As for the fasteners, we called them Dzus, and found them to be convenient and reliable. While those with indoor storage might have little use for the tonneau, it was priceless during the time I needed it.—Phil Menhusen, Mankato, KS Rob Sass responds: I suppose my tonneau recollections were a bit less rosy, perhaps due to the condition of my tonneau. As a college student in the early 1980s myself, I can remember the futility of trying to stretch the shrunken tonneau of my Healey 3000 far enough to fasten it to the studs on the dash. And even on a mild Colorado day, the heat that it trapped was simply intolerable. This, added to the well-designed folding top of the Healey, meant that I had little use for the tonneau, especially after the zipper broke. Tell me about the speedster I enjoyed very much Ken Gross's profile of the Edsel Ford Speedster (June, “American Profile,” p. 60). In 1971, I bought a right- hand-drive '35 Ford boattail speedster, which had been imported to the U.S. from Argentina. The car's serial number was 18F1472994, though I've never been able to trace its history. There has been considerable work done to the all-steel body, including the hammerwelded rear fenders. The grille shell and headlight brackets are an integral unit, dual spares are fitted on the front fenders, and it has a custom split windshield. The fuel tank and filler are both in the trunk. Under the hood is a 21-stud V8 and 3-speed transmission, and it's fitted with 16″ wheels and tires. The only thing I did was install pleated red leather seats. I'm curious to learn more about the car, so if you have any information, please contact me at 216.215.4846.—Bob Aronson, Milford, CT Errata In the July “Shifting Gears” column (“Cobras, Cobras Everywhere,” p. 10), we incorrectly identified the Cobra of Bill and Bud Jones as being CSX 3005. The car is CSX 3102 with body number 3005. ♦ 26 Sports Car Market

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Stuff Neat by Stefan Lombard WHAT YOU NEED AND HOW TO GET IT Sit on it Artist Boris Bally has spent some serious time combing through DOT detritus so that you don't have to. The result is one pretty nifty seating arrangement. Call it “highway chic,” these chairs are made entirely of old speed limit signs. Bally extracts the most important and visually appealing elements of the signs he finds, joins them to create exciting color and image combinations, and adds details through hand-sawing and filing. His art has been featured in many museums throughout the country, including the Smithsonian Institute and the Brooklyn Museum of Art, so why not add your kitchen to the list? Each chair stands 48 inches high, is 16 inches wide and 21 inches deep, and all are handmade in Rhode Island. Buy them for $1,000 apiece from www .uncommongoods.com. Shine a light on me Add some vintage rally style to your classic car with these reproduction Cibié hood lights. These are highly accurate reproductions with all the right markings in all the right places. The lamp bodies and chrome headlamp rims are manufactured out of steel and are ready to be painted to match the color of your car. All screws and the lens retaining plate are stainless steel. When placed side-by-side with NOS originals, the reproductions are virtually indistinguishable, and every detail is correct, down to the sticker on the inside of each lamp. All the necessary mounting hardware is included, and if you don't want to mount them directly, two rubber grommets are provided to protect your bodywork. They run $595 a pair and are available from www.PelicanParts .com. Down to the last detail You can't bring your garage with you. And you certainly don't want to be stuck on the concours lawn doing a final detail with paper towels, so what to do when judging is less than an hour away? Griot's Garage has come up with the just the thing to keep your classic looking its best no matter where you are. The Concours Field Kit and Bag fits just about anywhere, and contains everything you need to do that final detail, including Best of Show Wax, Speed Shine, Window Cleaner, Paint Cleaning Clay, 3″ Mini Orange Polishing Pad, Fine Hand Polish, and all the micro-fiber cloths to take that stuff off, leaving only the cleanest, shiniest surfaces for judges and onlookers alike. If you're serious about showing your car, you need this kit. Get it for $150 from www.griotsgarage.com. 28 Sports Car Market

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In Miniature Marshall Buck Jonckheere's Sinister Phantom ATC offers the Rolls-Royce “round door” coupe in black as it is now, but also painted in gold (1950s) and white (1980s) 1971 Porsche 917K Sebring Winner The Porsche 917K is a legend and one 917 Details Production Date: 2007– Quantity: 2,500 (this version), plus similar number of two other versions Ratings: Overall Quality: Authenticity: Overall Value: Aston Martin DB5 DB5 Details Production Date: 2000–2005 Quantity: 15,000, approx. Ratings: Overall Quality: Authenticity: Overall Value: Web: www.autoartmodels.com Web: www.autoartmodels.com The Aston Martin DB5 has been modeled by numerous companies in scales from 1:87 to 1:8. AutoArt of China mass-produced a 1:18-scale diecast model in metallic burgundy and BRG in LHD and RHD, then went one step farther, offering a “James Bond” car. They did a superb job to capture the shape and feel of the DB5. The model displays well, with flawless paint and excellent fit and finish of all parts. The simulated wire wheels, with a couple layers of spokes, look surprisingly good considering they are injection-molded plastic. Delicate chrome “Superleggera” scripts adorn the hood, and all other emblems are just right. The rear bumpers have the reflectors as well. Front wheels are posable and all panels open. Unfortunately, the interior—even with the “optional radio”—is only mediocre, and the doors have those awful “dog leg” hinges. And I'm sure the company was well intentioned, but the engine and its compartment are only toy-like. The car is best displayed as a curbside model with all panels closed, and it will stand up very well to close inspection. These can occasionally be bought on eBay (where I bought mine) and from a few specialists. Other, cheaper models are out there, but this is the one to go for. Expect to pay between $55–$75. 1925 Rolls-Royce Phantom 1 Coupe ATC (A Top Collector) models, also known as Paul Tan Models, is a relatively new Chinese-based company specializing in low-volume, 1:43-scale, hand-built, limited-edition Rolls-Royce and Bentley models. The 1925 Rolls-Royce Phantom I Jonckheere coupe (“the Round Door Rolls”) is perhaps the most sinister ½ of my all-time favorites.Adding to what dreams are made of was Count Rossi, of Martini & Rossi, actually licensing one for regular street use—in Alabama, of course. Though many models have been made of this car in almost every scale, AutoArt has produced a terrific 1:43-scale model of the 1971 Martini-sponsored Sebring winner, which speaks to me. I also have a hand-built of this in 1:12 scale. In this instance, the 1:43 by AutoArt is a much better model. All of the graphics are perfectly applied and fully legible. Interior detail is very comprehensive, though quite hard to see. It has nicely done wheels, with brake discs and calipers behind each.At the rear all the framework, as well as engine, transmission, and exhausts, have been replicated. Everything that should be there is in place. The front wheels are posable and there's working suspension on all four corners. Problems are few. For such a well-made model, the very promi- nent windshield wiper is a let-down—a little heavy and with no detail to speak of.Graphics are extensive, but somehow the Porsche emblems just behind the door windows were missed. Lastly, it appears that engraved NACA ducts in the wrong positions on the rear fenders were partially filled in. It's noticeable, though not extreme. That said, it's still a fine model and only about $35. Available from Motorsports Miniatures, 800.249.3763; www .motorsportsminiatures.com. PhantomDetails Production Date: 2008– vehicle ever to hit the road. ATC's model in black with red interior replicates the car as it is now, fully restored, in the collection of the Petersen Automotive Museum. The company offers two other versions: one in gold as the car was painted in the 1950s, and one in white, which is how it was repainted in the 1980s. The model is resin, with numerous photo-etched metal parts and detailing. Fit and finish range from very good to excellent. The little round Rolls-Royce emblems on the rear wheel covers are photo-etched and the text and logo have been inked in, so they're legible. The interior is well-detailed, though a little hard to see. The doors pivot on their hinges the same way as on the real car. Location of the step plates from the front fenders are somewhat off, and two other small Ratings: Overall Quality: Authenticity: Overall Value: ½ ½ Web: www.miniauto.com details were missed. Each model comes mounted in an acrylic display case with an engraved and numbered plaque. I have to say this is not an easy car to model, and ATC has done a superb job—and all for $199. It's great value and well worth seeking out. Available from MiniAuto, 814.838.2274; www.miniauto.com. 30 Sports Car Market Quantity: Serial-numbered limited edition, 99 of each of three versions

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Affordable Classic Pantera Ford's Sleeping Beasty The Pantera was legendary for either killing famous owners or inciting them to violence—Elvis pumped a .38 caliber slug into his by Rob Sass B y the late 1960s, Ford seemed to be concentrating more on holding grudges than building cars. Still smarting from its failure to acquire Ferrari, Ford grabbed a weak consolation prize when it acquired the DeTomaso organization, along with past-their-prime coachbuilders Ghia and Vignale. At the time of its acquisition by Ford, Alejandro DeTomaso's concern had yet to build a professionally executed, successful sports car. The 4-cylinder Vallelunga was largely stillborn, and the gorgeous Mangusta made a Lamborghini Miura look like a reasonable daily driver. The Pantera was to be dif- ferent—Ford's own Ferrari sold through Lincoln-Mercury dealers. The same Lincoln-Mercury dealers, who at the time had a sizable percentage of their customer base born in the 19th century, were charged with selling a two-seat Italian sports car with a $10,000 price tag. Not an insubstantial sum in 1971, it would buy a new Porsche Cayman today. More conventional than the the Mangusta, Pantera had a pressed-steel unit chassis instead of a backbone chassis and also had sensational looks, this time courtesy of American Tom Tjaarda, then at Ghia. Like the Mangusta, the Pantera also sported a Ford V8—a 351 Cleveland rather than a 302—again mated to a ZF transaxle similar to the unit used in the GT40. Details Years produced: 1971–74 (U.S.) Number produced: 5,629 Original list price: $9,800 (1971) SCM Valuation: $40,000–$65,000 Tune-up cost: $300 Distributor cap: $15 Chassis #: Plate in engine compartment Engine#: Pad on block above fuel pump Club: Pantera Owners Club of America 6092 Trinette Ave Garden Grove, CA 92845 More: www.panteraclub.com Alternatives: 1971–80 Maserati Bora, 1970–72 Corvette LT1, 1967 Sunbeam Tiger Mk II SCM Investment Grade: B Early Panteras “high-priced kit cars” Early Panteras were scarcely an improvement on the rather casually engineered and assembled Mangusta. Road & Track noted defi ciencies in seating, cooling, assembly, brakes, electrical systems, and air conditioning, calling it “a high-priced kit car.” So full of assembly gaffes were early Panteras that Ford retained the services of race shop owner Bill Stroppe to remedy the most egregious design and assembly fl aws—Stroppe's clean-up work was rumored to have cost Ford $2,000 per car. The Pantera was legendary for either killing famous owners or inciting them to violence: Elvis pumped a .38 caliber slug into his when it failed to start; rocker Vince Neil of Mötley Crüe killed his passenger in a 1984 accident; hockey player and donut shop magnate Tim Horton fatally stuffed his Pantera 32 on the QEW in Toronto following a game; and writer Quentin Wilson shunted corner famously one at the Copse fi lming a “Top Gear” episode. Cars not wrecked or shot death suffered from grievous body rust and hideous, at Silverstone while to juve- nile boy-racer modifi cations. A rust-free, totally stock Pantera today is a rarity. w en the worst of the initial assembly and quality control ssues were solved. The new pointed black bumpers were controversial; eally aren't mprovements however, in that bad and the found they the ater cars more than make up or them. Predictably, emission ontrols took a bite out of the ost-1972 cars, but even at 250 p (net), the Pantera was always a s a trong performer. About 150 GTS cars were mported to the U.S., with agressive fender fl ares and fl at lack accents. The end of ofcial imports came in late 1974. ord deemed it too expensive to come up with a solution to the 5-mph bumper laws, even though a “safety” Pantera design study was leaked to U.S. magazines as the 1975 Pantera. Rust-proofi ng actually rust inducing Like most Italo-American hybrids, the issues sur- rounding ownership rarely involve the engines. A 351 Cleveland can generally be overhauled for less than the cost of a major service on a Ferrari. The ZF transaxle, however, isn't cheap to rebuild, but it pales in comparison to fi xing a rusty Pantera. As usual with Italian cars, rust-proofi ng ranged from non-existent to actually rust-inducing—those cars that were undercoated soon suffered other issues when the undercoating dried out and cracked, producing multiple small, moisture-retaining pockets. SCMer Michael Tessler got the dreaded phone call from his body shop during the restoration of his Fly Yellow Pantera. After the undercoating had been stripped off and the car fl ipped on the rotisserie, the rust and the bill turned out to be far worse than initially Sports Car Market Things got better with the L (Lusso) cars from late 1972, wh

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assumed. And of course, with th car completely apart, he had lon ago passed the point of no return The moral is, any prospective ca should have its underside poked and prodded ruthlessly. black vinyl Pantera interiors are Spartan affairs that are available, terribly diffi cult to put right, and most bits at a price. A host of Pantera specialists exist today who can make everything work properly, including the a/c and the alwaystricky cooling. fi ts Where, exactly, the Pantera into the world is collector ambiguous car at best. Excellent stock cars with original Campagnolo magnesium wheels, Goodyear Arriva tires, and homely original steering wh w auction. But with early middies BB and Maserati Bora fi nally starting to wake up, the Pantera looks quite compelling. And those who say Italo-American hybrids lack pedigree and thus will never be truly collectible haven't paid any attention to Iso Grifo prices. A 1967 coupe sold for $255,172 at RM's London auction in October 2007, 20-Year Picture and other private sales have since exceeded this. Most Panteras in SCM's database changed hands between $30,000 and $50,000, though Bonhams managed $133,984 for an as-new 1990 model with only 770 kilometers on it in their Gstaad sale in December 2007. As the original Lincoln-Mercury salesmen might have said back in the 1970s, a Pantera's a lot of bang for the buck. ♦ aren' albeit 1967–72 Intermeccanica Italia Coupe $60,000 $70,000 $40,000 $50,000 $20,000 $30,000 1989 1994 1999 2004 Prices are for cars in excellent condition. This information is provided by Black Book and Cars of Particular Interest Collectible Vehicle Value Guide, www.blackbookusa.com. 2008 1965–66 TVR Griffi th Coupe 1971–74 DeTomaso Pantera August 2008 33

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Legal Files John Draneas Reality Bites Hulk Hogan Hogan signed his son Nick's driver's license application, and will likely be held liable for injuries attributable to Nick's negligence by John Draneas H ulk Hogan and his family are currently defending a multi-million-dollar lawsuit that arose from his son Nick's crash of his modified Toyota Supra. The crash left his passenger and friend, John Graziano, hospitalized with major brain damage that will leave him in need of constant medical care for the remainder of his life. Hulk Hogan (legally, Terry Bollea) made a huge name for himself as a professional wrestler, spawning a phenomenon known as Hulkamania. Later, he and his family became the stars of the TV reality series “Hogan Knows Best,” VH1's take-off on “The Osbournes.” Now, his life is more of a horror flick. From TV reality to real reality The plaintiff's complaint has not yet been answered, but this is what it claims happened: Hulk invited his 17-year-old son Nick and his friends Graziano and Daniel Jacobs, both age 22, to spend the day on his boat. On the way, Hulk stopped to pick up some unspecified alcoholic beverages, which the four consumed while out on the boat. Afterward, Nick and Graziano left in Nick's heavily modified, 700-plus horsepower 1998 Toyota Supra, which was co-owned by Nick and Hulk. Hulk also loaned his 2003 Dodge Viper to Jacobs for the ride home. Along the way, Nick and Jacobs started street racing “light to light.” Nick lost control of the bright yellow Supra, it swerved and hit the median, skidded about 25 yards, spun around, and crashed into a palm tree. The Toyota was so mangled it seemed impossible that anyone had survived, but Nick walked away with minor injuries. Graziano, who was apparently not wearing a seatbelt, suffered massive head trauma. He will live, but will need millions of dollars of medical care for the remainder of his life. Nowhere near, but still on the hook The lawsuit was filed in Florida, where everything happened, and names Nick, Jacobs, Hulk and his wife Linda as defendants. It claims that Hulk is liable under Florida law because he owns both cars and because he signed Nick's application for a minor's driver's license. It also claims that both Hulk and Linda are liable because they were negligent in allowing Nick to drive when they knew of his propensity for dangerous driving. This may be surprising to some readers, but there are several ways in which you can be held liable for crashes caused by your children, or even by other adults driving your car. Assumed Liability for Minor Children. Under Florida law, 34 Mangled Supra at rest in the median a minor (under 18) can't get a driver's license unless a parent or guardian signs the application and thereby becomes jointly and severally liable for all damages caused by the minor's negligence or willful misconduct. Many other states have similar provisions, reflecting a modern trend to restrict driver's licenses for minors in order to address their high accident rates. What sets Florida apart from many of these states is that there is no upper limit to the amount of the parent's liability. Hulk signed Nick's driver's li- cense application, and will therefore likely be held liable, without limitation, to the extent that Graziano's injuries were attributable to Nick's negligence. If the liability exceeds the insurance coverage, which could well be the case here, Hulk's personal assets will be at risk. However, Linda did not sign the application, so she would not face any liability under this statutory provision. Car Owner Liability. Another provision of Florida law makes the owner of a car li- able for any damages caused by any permissive user of his car. However, the owner's liability is limited to $100,000 per injured person, $300,000 per incident for bodily harm, and $50,000 for property damage. As the owner of the Viper, Hulk would seem to be liable under this statute for the damages caused by Jacobs. But since Hulk and Nick were co-owners of the Supra, he may not have “loaned” the car to Nick. Also, it is not clear whether the liability limits would be doubled because he owned two cars involved in the crash. Linda did not own either car, and should not be liable under this law. But no matter how these uncertainties play out, the damage limitation is low enough that there should be sufficient insurance coverage to absorb the liability. Family Car Doctrine. About half the states will impose legal liability on the owner(s) of the car when the child is driving the family car. The exact parameters of this approach (e.g., defining “family” and “family car”) vary from state to state. Negligent Supervision. In every state, the owner can be held liable whenever the car is loaned to another person and the owner knew, or should have known, that the other person would pose a risk to others. The Hogan lawsuit pays much attention to negligent supervision. It claims that Nick had a great propensity for unsafe driving. He is alleged to be a professional drifter, who frequently practiced his craft on the streets. News reports cite Nick as once having been stopped for speeding on Florida's “Alligator Alley” three times in the same day. The first two times, 19 miles apart, he was clocked at 107 and 115 mph, respectively, receiving warnings both times. Three minutes later, he was ticketed for doing 123 mph. The lawsuit mentions only two of the stops, but asserts that Hulk was in the car with him at the time, and also cites several other tickets received for excessive speeding. The lawsuit also cites Linda Bollea as condoning Nick's outlaw driving habits, quoting her as saying publicly, regarding street racing, “Oh I love it. I love it. The rush, the speed on the road, stereo blasting, heart pounding, racing in between all the cars, dodging the cops. It's awesome.” If proven, these allegations could lead to either Hulk and/or Linda being held liable for negligently allowing Nick to drive his car. But perhaps the claim against Linda might be weaker. As juicy as her quoted language might be, she was not the one who allowed Nick to drive on the day of the crash. Criminal charges Nick Bollea was charged with reckless driving. He pled no contest to the charges, Sports Car Market Photos: Clearwater Police Department

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which is essentially equivalent to a guilty plea but is not treated as an admission of liability in a civil lawsuit. He was sentenced to eight months in jail, five years of probation with no alcohol for the entire five years, and the revocation of his driver's license until age 21. Danny Jacobs was also charged with reckless driv- ing, and he also pled no contest. He was sentenced to 90 days of probation and fined $500, ordered to serve 25 hours of community service, and his driver's license was suspended for 90 days. A broken family? In the latest twist to the story, Linda Bollea filed for a divorce. But the plaintiff's lawyers immediately labeled the divorce as a sham, intended only to protect half of the couple's assets from the lawsuit. Although the lawsuit names both Hulk and Linda as defendants, there is a possibility that some of their assets can be shielded from the claims by the divorce. The legal claims, as described above, appear to be stronger against Hulk than they are against Linda. That is, Hulk is the only one claimed liable for providing alcohol to the drivers, lending his Viper to Jacobs, and signing Nick's license application. Since these appear to be the strongest claims, it is possible that Linda's lesser liability might be fully covered by the insurance policy. Transferring assets to your spouse to keep them away from your creditors can be challenged as a “fraudulent conveyance,” allowing the creditors to still take the as- Lucky to be alive sets. But a property award in a divorce proceeding is a forced division of marital assets that can escape being treated as a fraudulent conveyance, at least if the divorce is real. If Linda gets half the estate in the divorce, and if she avoids the majority of the legal liability, the divorce could just work for her. Betting on your kids The lesson here is that your children and other permissive users of your cars can subject you to substantial legal liability. The best defense is to be sure you have adequate insurance coverage, but the Hulk Hogan situation demonstrates that liability claims can easily exceed any available coverage. If your state makes you liable if you sign your minor child's driver's license application, be aware of your legal exposure. It's difficult to tell your 16-year-olds that they have to wait until they're 18 to drive, but that might be the only way to fully protect yourself. And if you have children with substance abuse problems, bad driving habits, or similar issues, be aware that letting them drive cars can create substantial legal liability on your part. In short, if you don't exercise the due diligence you should as a parent, you could face very costly consequences. ♦ JOHN DRANEAS is an attorney in Oregon. His comments are general in nature and are not intended to substitute for consultation with an attorney. August 2008 35

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Event Villa D'Este Concorso d'Eleganza Villa d'Este Tom McGough brought his original ATS 2500 from Minneapolis, for an experience he couldn't have foreseen by Jérôme Hardy Racing greats of the '50s at the Grand Hotel E 38 very country has its own red-carpet events. The movie industry in the U.S. has Hollywood and the Oscars, while in Italy, the Grand Hotel Villa d'Este has the Concorso d'Eleganza for classic automobiles. Coincidentally, both events started in 1929. “Wings” won the first-ever Academy Award for Best Picture and an Isotta Fraschini Tipo 8A faux convertible by Cesare Sala won the first-ever Coppa d'Oro (the golden cup) at Villa d'Este. For 20 years, Pinin Farina, Ghia, Touring, Pescara, and other coachbuilders gathered annually along the shores of the beautiful Lake Como in Northern Italy, introducing their latest creations to wealthy prospects, competing for the prestigious gold cup, and setting design and technical trends. Then, in 1949, car manufacturers organized static “car shows” in major cities to introduce their automobiles to the public. The Concorso d'Eleganza Villa d'Este vanished. Fifty years later, BMW resurrected the Coppa d'Oro by inviting manufacturers to present their latest concept cars. From April 25 to 27, 2008, General Motors, Ford, Lexus, Renault, Maserati, Mercedes-Benz, and BMW presented their latest ideas in this prestigious setting. Concepts ranged from the 1.8L diesel-powered F700 Mercedes-Benz sedan to the Lexus LF-A roadster. But that was just an appetizer. BMW also invited the most beautiful automobiles ever produced to once again compete for the Coppa d'Oro. Fifty-four astonishing entrants came from all over the world, with 14 crossing oceans Plan ahead: Mid April 2009 Where: Grand Hotel Villa d'Este, Cernobbio, Lago di Como, Italy Cost: $15 for adults, no charge for children under 12 More: www.concorsodeleganzavilladeste.com to get there. All cars were certified by the FIVA (Fédération Internationale des Véhicules Anciens) and classified by body designs. These included “Touring Titans” (1936 HispanoSuiza J12 Berline), “Streamlined Style and Speed” (Bugatti 57 SC Atalante), “Golden Age of the Gran Turismo” (1951 Bentley S1 Continental), and “Show Car by Italian Designers” (Ferrari 206 S Dino Competizione). At 2 pm on “guest-only” Saturday, Details SCM Contributor Simon Kidston began to introduce in English and Italian the Isotta Fraschini, Bentley, Voisin, Hispano-Suiza, MercedesBenz, Bugatti, Delahaye, Ferrari, and Facel Vega entries to the jury, headed Sports Car Market

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Event Villa D'Este Villa d'Este SCMers Gary Bartlett—Muncie, IN 1957 Jaguar XKSS roadster Anton Bilton—London, UK 1957 Maserati 250S roadster (Fantuzzi) Marc Caveng—Geneva, CHE 1940 Alfa Romeo 6C 2500 SS cabriolet (Pinin Farina) John Croul—Corona Del Mar, CA 1949 Ferrari 166 MM Berlinetta (Touring), Trofeo BMW Group Jan De Reu—Lembeke, Oost-vlaanderen, BEL 1954 Fiat 8V Coupe (Ghia) Georg Gebhard—Waldbröl, DEU 1935 Alfa Romeo 6C 2300 Spider (Jankovits) James M. Glickenhaus—Rye, NY 1967 Ferrari 206 S Dino Competizione BMW, now and then by Lorenzo Ramaciotti, chief of Design Group Fiat. By sunset, the Coppa d'Oro (Guests' choice) was handed over to Arturo Keller of Mexico for his 1938 one-of-two Mercedes-Benz 540K Autobahnkurier. Best in Show (Jury's choice) went to John Croul of Corona Del Mar, California, for his 1949 Ferrari 166 MM, while the Design Award went to Georges Keller of Germany for his 2008 Bugatti Veyron Fbg by Hermes. The ensembles worn by participants could enhance the color and shape of their automobiles and were a factor in the selection. As the light faded, the cars moved to the nearby Villa Olmo, where the spacious park conveniently welcomes thousands of visitors for Sunday, when the event is open to the public. Some owners couldn't resist a moonlight detour, and the roaring of V12 and 4-cylinder TR Ferraris echoed between the mountains that rise up from the curving lakeside roads. Sunday allowed owners to share their passion with a large and curious crowd. This unselfish availability was sometimes greatly rewarded. Tom McGough brought his original (and one of seven remaining) ATS 2500 from Minneapolis, Minnesota, for an experience he couldn't have foreseen. Automobili Turismo Sport (ATS) was established in 1963 by Carlo Chiti and Giotto Bizzarrini, both Ferrari defectors, with the intention of building F1 and GT cars. It closed in 1964 after a disastrous F1 season, with only twelve to 16 GT cars built. Short life and a casual Italian attitude toward “archiving” led to scarce information, which is highly prized by the seven current owners. While McGough was presenting his Italian rarity for the 28th time with smiles, two elderly figures straight from “The Godfather” introduced themselves with body language and limited English. Thanks to a nearby SCM Contributor who speaks Italian (yours truly), Oscar Folesani was able to explain that he was in charge of Research & Development at ATS in Bologna, and Giuseppe Corsini provided in-depth knowledge of the engine design and production figures, as he was the Chief Engineer in charge of “motore” under the supervision of Carlo Chiti. McGough now has more knowledge about the ATS than ever before, and two new and dear friends in Italy, who were visibly moved by the presence of a car they had built but not seen in 45 years. The public also had the opportunity to choose their “Best of Show,” and Peter Mullin of Los Angeles brought home the trophy for his teardrop Delahaye 135 M roadster by Figoni et Falaschi, a familiar sight at Pebble Beach. BMW offered its own retrospective in a display of M1s, and the ten examples ranged from a production model to the Andy Warhol Art Car. Carrozzeria Touring also showed off 30-plus models ranging over 80 years, from Aston Martins to the very last Fiat 124 convertible. In just a few years, the Concorso d'Eleganza Villa Ferrari 166 on the lakefront 40 Sports Car Market Arturo Keller—Mexico City, MEX 1938 Mercedes-Benz 540 K Autobahnkurier, Coppa d'Oro Villa d'Este Thomas McGough—Shoreview, MN 1970 ATS 2500GT Coupe (Allemano) Antonius Meijer—Bouches du Rhone, FRA 1937 Bugatti T57 SC Atalante coupe (Gangloff) Peter Mullin—Los Angeles, CA 1937 Delahaye 135 M roadster (Figoni et Falaschi), Trofeo BMW Italia Frans van Haren—Druten, NLD 1928 Mercedes-Benz 680 S open tourer (Erdmann & Rossi) Edward Welburn—Warren, MI 2008 Cadillac CTS coupe d'Este has established itself as the key European event where milestone automobiles, insight into future design, human grace, and faultless organization meet in an unforgettable setting. Proof of its quality is that it has been chosen as one of the six—and the only European—events to compete for the Louis Vuitton Classic Concours Award, along with the Cavallino Classic, Amelia Island, Meadow Brook, Quail Motorsports Gathering, and Pebble Beach. It's certainly a must-see event for SCMers. ♦

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Ferrari Profile Making Sense of $43 Million at Maranello Buyers will pay over the odds for a perfect, no stories road car just to feel they have the best available by Simon Kidston $10.9m 1961 Ferrari 250 GT SWB California Spyder, the record-setter M achiavelli was Italian. So were Mussolini and Enzo Ferrari (not that I'm comparing them). And although he isn't, Scuderia Ferrari's director Jean Todt has probably lived there long enough to qualify. I grew up in Italy, and sometimes even I find it hard to decipher Italian political and business situations. But that's part of the country's romance and charm, especially if you're more interested in food and art than contracts and delivery dates. So it's been interesting watching how master dealmaker RM Auctions has fared in its partnership with arch-Italians Ferrari since 2007, when they began jointly hosting Italy's first serious classic car auction, devoted of course to the cars of the Prancing Horse. Last year's auction, before most people had heard the words “credit crunch” or “sub-prime,” was a runaway success, with all lots except one (an F40 prototype whose owner must have felt rather conspicuous) hammered sold. The result was a colossal $45.3 million turnover, a European record. There was frenzied speculation in the runup to this year's event: Will RM continue to find good cars? Will the market hold up? Given the wider economic climate, nobody was sure. In the end, RM did assemble a decent selection of cars. No amazing discoveries, but given that in the Internet era, every Ferrari owner seems to track the value of his investment—sorry, car—to the last hour and euro (no dollars, thank you—they track exchange rates, too), it's no surprise that Prancing Horse sellers play harder to get. So how did the horse traders fare? Despite a torrential downpour and a faltering start to the auction, by the end of the evening there had been a collective sigh of relief. There were still people willing to spend large amounts of money—yes, euros—on obsolete Ferraris. Headlines in the next day's popular press would make much of a well-known British entertainer's purchase of a California Spyder once owned by actor James Coburn, but in the best Italian tradition, there's more to this story than meets the eye, and in the best SCM tradition, we'll try to give you a clearer picture. Let's go behind the scenes of the highest profile sales.... 42 1961 Ferrari 250 GT SWB California Spyder s/n 2377GT, sold at $10,894,400 We could devote the whole issue of SCM to discuss- ing the sale of this car, which has produced more comment among market insiders and casual observers alike than any I can remember in the past 20 years. Among the experts I have interviewed, those who take this result at face value are in the minority. I'll reserve judgment, but I do have a couple of observations. The last two private sales of SWB California Spyders with covered headlights have been from extremely well-informed and well-off owners for close to $6 million apiece. Covered headlights add as much as $1 million to the value of an individual car, nearly what the entire production run cost new. And by the way, Ferrari didn't keep a record of which cars they built with open or closed headlights. These were cars in good condition, with European taxes paid (an extra 5%), matching engines, and in the case of one car, Brigitte Bardot's famous movie director husband Roger Vadim as its original owner. In short, no questions, no stories cars. The black SWB California Spyder offered in Maranello was in presentable condition and had covered headlights. Yes, James Coburn once owned it, but unlike the ex-Steve McQueen Lusso that blitzed its estimate last year at Christie's Monterey, it wasn't built for him and without disrespect to ultra-cool Mr. Coburn, he wasn't quite the car legend McQueen has become. Sports Car Market Photos: RM Auctions

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It wasn't one of the three made with an alloy body. Nor was it one of those built with a more powerful engine. Most importantly, however, in this era of matching-numbers obsession, RM's catalog tellingly didn't give an engine number, and an announcement at the sale informed bidders that, sure enough, the car didn't even have its original engine. Given these factors, but allowing a bit for the Coburn provenance, most experts would have valued the car around the $5 million mark, maybe $5.5m on a good day. So how does the price with premium and import taxes more than double that? There is no logical answer. We can simply congratulate the new owner on his single-mindedness and put this anomaly down to a perfect storm of a uniquely cozy relationship between car, auction house, buyer, and his advisor. 1958 Ferrari 250 GT LWB California Spyder s/n 0923GT, sold at $3,659,838 $3.7m 1958 Ferrari 250GT LWB California Spyder, fair deal for all If this car hadn't been offered nine lots after the black SWB, its British seller would most likely have been cracking open the bubbly, assuming the price of the black car had just revalued all Californias upward by perhaps 50%. But if proof was needed that one fluke doesn't make a market (upward or downward), this result couldn't have been more unequivocal. Historically, an LWB California was worth two-thirds the price of the equivalent SWB version. Okay, this was an early LWB with the 508C frame and drum brakes, but unlike the SWB, it did have its correct motor and European taxes were paid. At first glance, it looks like a steal at just one-third of the SWB price, but consider this: Last summer in Pebble Beach, Gooding sold a stunning black, disc-brake, late-model, covered-headlight LWB in concours condition for $4.45 million, well above its $3.3 million low estimate. This January, Gooding sold an open-headlight car in a slightly garish color scheme and driver condition for $3.3 million. The car in Maranello hammered at just over $3.6 million is perhaps a little under market, but not by more than 10%. The U.S. buyer may be drinking bubbly, but the seller shouldn't be drowning his sorrows. 1964 Ferrari 250 Le Mans berlinetta s/n 5845GT, sold at $6,979,225 Full disclosure: The 250 LM is my favorite Ferrari, and my company has just sold one, so I'm probably biased. To consign a multi-million-dollar Ferrari as a late entry just days before an auction would normally be considered commercial suicide, with no time to market the car or identify potential buyers. Fortuitously, however, 5845 had spent more time being advertised by its previous French trade owner than it ever did being raced, so when it finally appeared at an auction with a sensible estimate, interested parties breathed a sigh of relief. I'd rank this car at best in the middle of the 32 LMs built (of which 38 survive). Its greatest race was the Austrian Sports Car Grand Prix, it's recorded as once being “held together by duct tape,” the engine number was over-stamped by a dyslexic mechanic as 1584 before the vendor restamped it correctly, and if $385,000 had really been spent on a seven-month restoration, the mechanic must be living very well (and fast) indeed. And the price? On the one hand, 250 LMs are not as user-friendly as the ubiquitous SWBs and GTOs, but on the other they are rarer, obviously quicker, and in at least one respect more successful, having won Le Mans outright—the last Ferrari to do so. They used to be worth half the price of a GTO, but whereas the latter requires a substantial financial commitment, the LM requires devotion as well. At just under the bottom auction estimate, I'd say that with the buyer's commission included, this 250 LM was spot on the money. 1971 Ferrari 365 GTS/4 Daytona Spyder s/n 14415, sold at $1,489,469 Daytonas are beloved of 1980s speculators and TV show producers (my generation will forever associate this model with the “Miami Vice” detective series). So $7m 1964 Ferrari 250 Le Mans, devotion required August 2008 43

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Ferrari Profile car to that year's Le Mans 24 Hours and Belgian GP, and to film the whole adventure on color cine film. Forty years later, that's every car auctioneer's dream come true. What's more, for the past four years, 10017 has belonged to Lynx Motors boss John Mayston-Taylor, a man who knows a thing or two about marketing. After researching his car's history (it was resale red/black and just another 4-cam when acquired) and restoring it to perfection, he showed it at the right events, got it covered in the right magazines and, in fairness to RM, took it to the right auction. The result speaks for itself and shows there is always someone willing to pay for the best, which is not to be confused with the rest. $1.5m 1971 Ferrari 365 GTS/4 Daytona Spyder, bring along the Ray-Bans it's only appropriate the Daytona Spyder market has been a thrills-and-spills roller coaster. From $15,000 when new to saleproof during the OPEC crisis (the factory begged Greg Garrison to take the last new one left over), they climbed steadily from the mid-'70s for a decade and rocketed skyward in the last boom, peaking at almost £1.5 million ($3 million today) paid for one of the seven right-hand-drive examples early in 1990, before slumping to $300,000 for the rest of the decade. Since then, it's been back upward again, climaxing in the $2 million paid last sum- mer for that same Spyder Garrison bought new and never drove after the trip home. Last year in Maranello, Edsel Ford II's yellow, U.S.-spec car soared past its estimate to sell for $1,410,750. This year, a rarer European-spec car sells for almost 10% less (when you figure in the dollar's collapse). Why? Firstly, the market for Daytona Spyders is in the U.S., as it was 40 years ago. When you convert euros into greenbacks, this year's Daytona is actually 5% more expensive. Secondly, a cryptic reference to “previous damage which was repaired” in the catalog and a ping-pong roster of past owners did not paint the picture of a long-term holder that had been lovingly cherished. Despite that, it's still one of just 18 LHD Euro-spec Spyders, and I'd say well bought. In its black livery it could have been driven by Don Johnson straight off the “Miami Vice” set. I hope RM throws in a pastel linen suit, Ray-Bans, and a pair of espadrilles for the buyer. 1967 Ferrari 275 GTB/4 s/n 10017, sold at $2,042,700 The other 349 owners are already adjusting their insurance policies (or more likely their asking prices), but what does this result really tell us? It's less than two years since the best 4-cams reached the million-dollar barrier, and here one made twice that. But not all 4-cams are created equal. This one was bought new by a very lucky young man who not only chose a superb color scheme (midnight blue with pumpkin leather), but also had the foresight to drive the So what does it all mean? There was a very different mood at this year's Maranello auction. The gloomy weather didn't help, but it reflected the economic malaise which, despite being publicly dismissed by many dealers, brokers, and shortterm owners (i.e. flippers), does color the thinking of even the wealthiest collectors. If there is anything to learn from the 2008 results, it is the reassurance that buyers will pay over the odds for the instant gratification of owning a perfect, no stories road car, one they can drive immediately while also feeling they have the best of its kind available. This represents the wide base of the Ferrari buying pyramid in terms of buyer profile. Anyone wealthy enough can join the club. Move upward to sports racing cars of clear prove- nance, and you're dealing with a smaller audience with a good depth of historical understanding and equally deep pockets. And at the top of the pyramid you've got the pure competition cars, bought by very few and driven by fewer still. The financial barriers may be less restrictive, but your life insurance had better be up to date. The headlines at this sale don't tell you the whole story, and a closer look reveals some cars are up, some are steady, and some are actually softer (the F1s, for example). But to put things into perspective—something easily forgotten over the past few years—even if you ignore the feature car, this was still a $30-million-plus auction of Ferraris. More than enough for Machiavelli's descendants to welcome the horse traders back with open arms next year. ♦ $2m 1967 Ferrari 275 GTB/4, marketed just right 44 Sports Car Market

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Sheehan Speaks Michael Sheehan Sorry, You Can't Get That Part Here Ferrari has shown no interest in supplying vintage parts, and many common spares to keep old Ferraris on the road simply do not exist Genuine Breadvan, just don't call it authentic M uch has been written—both positive and negative—about Ferrari Classiche, the arm of Ferrari set up as an official certifying organization for its cars. For decades, Ferrari had no interest in the older cars and only pricked up its ears (and its legal department's pens) when the elusive William Favre began building and selling 250 GTO replicars in the early 1980s. Enzo Ferrari was personally incensed, and Favre was soon out of business. Ferrari feared that if outsiders had access to Ferrari records, this information could be used to build replicars, and so Ferrari stopped providing build sheets or blueprints to anyone outside the factory gates. Ferrari's involvement with older cars was taken up another notch when the FIA decided it would be the supreme decider in certifying any-and-all vintage race cars, Ferraris included, for eligibility in European race series. Claudio Berro, who then managed Ferrari and Maserati racing activities outside the F1 team, was more than upset. “It is not up to the FIA to tell us what is a Ferrari,” he said, and so the Corse Clienti program was expanded, adding the Ferrari Classiche department to counter the influence of the FIA Authentic does not mean genuine From the beginning of the Ferrari Classiche divi- sion in 2006, the raison d'être has been to “certify the authenticity” or originality of owners' Ferraris, but not necessarily to certify that a Ferrari is genuine. To understand these Italian semantics, a Ferrari could leave the factory as a race car and later be modified over its racing career, and so it is a genuine Ferrari, but it is not an authentic or original Ferrari, as delivered by Ferrari, so it cannot be “certified.” Further complicating the situation, if a car came 46 back to the Factory for updates, it is then genuine as last delivered by the factory, regardless of its race history in its initial itineration. Ferrari thus became the only high-end manufacturer directly involved in authenticating its cars, while supplying minimal service and no vintage parts to its clients. The poster child for what's wrong The usual poster child for those who discredit the Classiche program is 250 SWB s/n 2819, modified and raced as the Breadvan. Under the existing fatwa, the Breadvan may be genuine and may have a well-documented period race history (Le Mans, 1962, DNF) in its much modified form, but the Breadvan cannot be certified by the existing Classiche rules because its authenticity is too far removed from the build specifications on the day it left the factory as a Scaglietti-bodied 250 SWB. In fairness to Ferrari's Classiche department, it's worth noting that the International Advisory Counsel for the Preservation of Ferrari Automobiles (IAC/PFA)—which governs the rules and judging at Pebble Beach, Cavallino, the Ferrari Club of America national meet, and indeed, every FOC and FCA concours in North America—would also not allow the Breadvan on the lawn at Pebble Beach for judging. Instead it was seen in a “display-only” category. The certification process is clearly a political minefield that is guaranteed to alien- ate some owners who feel Ferrari's only goal is to exercise Machiavellian control over the most valuable early Ferraris, all while making money and rewriting history. Many feel that Ferrari Classiche has no institutional memory, although to counter that, the Classiche department now consults outside experts who often have more knowledge than the factory on many early cars. After years of denial, Ferrari Classiche now admits that Ferrari has swapped serial numbers for carnet and/or tax purposes, further showing Ferrari's willingness to change when supplied with new information. “Significant” modifications to be considered The good news is that rumors have the powers-that-be in the Classiche department considering another option for Ferraris modified after they left the Factory. This proposed new program for “Ferraris of Historical Significance” would recognize Ferraris with significant histories once they left the factory gates. I personally own 365 GTB/4 s/n 14049, a Euro-spec Daytona sold new in 1971 by French dealer Pozzi to Philippe Cornet-Epinat and then modified by Pozzi and raced by Cornet-Epinat in the nonchampionship Le Mans 4-Hour race on March 19, 1972. Wearing race number 98, it finished 8th overall and 6th in GT. Sports Car Market

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Since no one cared about beat-up race cars in the mid-to-late 1970s, s/n 14049 was sold off to Italy and became a Daytona Spyder conversion, until tracked down by the author for a restoration to Le Mans specs by Wayne Obry's Motion Products. It will be interesting to see how the “Ferraris of Historical Significance” program unfolds. It will certainly be the subject of an upcoming column. Let's keep them on the road The good news is that the Classiche program evolves and will hopefully improve. But it needs to go far beyond the certification process to provide viable support to thousands of pre-Fiat-era Ferraris that established the Prancing Horse as the premier sports, GT, and race car builder of the 1950s, 1960s, and 1970s. Whatever parts existed at the factory for the old cars were used up during the restoration boom of the late 1980s and never replaced. Ferrari has shown no interest in supplying vintage parts, and so the most common parts needed to keep old Ferraris on the road—from sheetmetal to brake and electrical parts—simply do not exist within the Ferrari dealer network. It is only because of parts dealers like Maranello Concessionaires in England or T. Rutlands in the U.S. that older parts of any kind are available. Parts dealers must order large quantities from the original manufactures to achieve any sort of economy of scale. Oncesmall original manufacturers are now part of large corporations and have no interest in making a dozen brake boosters, so T. Rutlands must order 100 units and wait a year for the order to be filled just to keep something as common as a 308 brake master cylinder and booster assembly on the shelf. Need syncro rings for any Ferrari from the first 250s to the 365 GTB/4? Order 500 from ZF. Need column light switches for a 365 GTB/4? It takes an order of 1,000 units from Vitaloni to get in that line. And when your order for 100 boosters arrives, you might sell half a dozen in the first week, then wait a year or more to sell the last 94. On a positive note, Ferrari has supplied Maranello Concessionaires with many original factory drawings and blueprints, making some parts easier to duplicate. The Germans get it right Ferrari should take a hard look at the Mercedes-Benz Classic Center to see how an efficient parts supply benefits both client and manufacturer. What better advertisement than being able to supply virtually any part for any Mercedes, be it a cylinder head or Rudge wheels for a 300SL Gullwing or engine parts for a 540K roadster, in only a few days? Mercedes respects and supports its heritage, as do Porsche and BMW. Ferrari cannot use the excuse of limited production to explain away its lack of support, as Mercedes made 1,390 Gullwings versus 1,279 Ferrari Daytona Coupes and 122 Spyders for a total of 1,391. By certifying cars such as the 250 SWB California Spyder s/n 2377, which sold at RM's auction at the Ferrari factory on May 18 for a world-record price, Ferrari risks falling into the trap of rewriting history. There was a very large question mark over what engine was in s/n 2377, and Ferrari's answer was simply to restamp the block, assigning both a new engine number and numero interno to match the chassis number. By giving s/n 2377 the Ferrari Classiche Papal approval—for a fee—Ferrari Classiche discredits the very process it is trying to create. In the Ferrari parts business, one makes sales because you have the parts. The high prices of parts are long forgotten if the parts are available—and if they work. As long as Ferrari sponsors or supports vintage racing events, the Ferrari Classiche program will succeed, but to truly establish the Prancing Horse as the pinnacle of sports and GT cars, Ferrari Classiche needs to be actively involved in supplying the parts needed to keep these cars on the road for another 50 years. ♦ August 2008 47

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English Profile 1976 Lagonda V8 Series 1 Saloon What's interesting about “007” is that it has been hot-rodded, modernized, and neutered of its ZF 5-speed by Steve Serio Details Years produced: 1974–76 Numbers produced: 7 Original list price: £14,040 (about $42,200) SCM Valuation: $350,000–$500,000 Tune-up cost: $1,200–$2,400 Distributor cap: $225 Chassis #: Chassis plate on left side inner fender; plate inside driver's side rear door jamb Engine #: Engine bay chassis plate and on block Club: AMOC, Attn: Susan Laskey (secretary), 1301 Avenue of the Americas, 30th Floor, NY, NY 10019 More: www.astonmartin.com Alternatives: 1975–76 Bentley T1, 1965–75 Rolls-Royce Silver Shadow, 1970–71 Mercedes-Benz 300SEL 6.3 Comps Chassis number: L12007RCAC L agonda had been dormant for a decade when Aston Martin revived the marque in 1974 as the model name for a sensational new four-door sedan based on the existing V8 coupe. Launched at the London Motor Show in October 1974, the new Lagonda was 305 mm (12″) longer in wheelbase than the V8 coupe, whose engine and running gear it shared and to which it bore an understandably strong resemblance. Priced at £14,040 ($32,713) at the time of its launch, the Lagonda cost 24% more than the contemporary coupe and was one of the most expensive motorcars of the time. An exclusive model even by Aston Martin standards, it was cataloged until June 1976, by which time a mere seven had been made. Of the seven factory cars built in period, only two were completed with the ZF 5-speed manual gearbox; s/n 12007, the car offered here, was one of them. The car has been extensively re-engineered and en- hanced by respected marque specialists R.S. Williams Ltd. for their client. Sympathetically modified for everyday use, the Lagonda incorporates electronic communications systems—a combined SatNav/DVD/TV display screen is installed just forward of the gear lever, popping up at the press of a finger, with a matching screen on the transmission tunnel for those in the back. There is an integrated telephone system front and rear and a state-of-the-art, four-speaker, Alpine CD stereo system with trunk-mounted changer. A few other minor changes, mainly the repositioning of switches, were made to the already opulent interior, which has been re-trimmed in elephant gray hide from Italy and boasts the tilt steering column, as fitted to later V8s, in addition to remote central locking and an upgraded air- 48 conditioning system. To cope with the increased electrical load, a high-output alternator and dual battery pack with automatic change-over have been installed. Already a powerful car, the Lagonda was endowed with an R.S. Williams 7-liter conversion, enabling it to more than hold its own against modern rivals. The Williams conversion produces a substantial 550 ft-lb and useful 480 hp against the estimated 350 ft-lb and 320 hp of the 5.3-liter original, increases that more than offset the weight gain associated with the Lagonda's extra equipment. But this also necessitated uprating the Chrysler Torqueflite automatic transmission, which has replaced the original ZF manual gear-box, and strengthening the differential mountings to prevent twisting under load. Increasing water flow around the engine and paying special attention to underhood ducting have improved engine cooling. The complete job took two people over 4,000 hours at an estimated cost of around £100,000 (more than $200,000). Motoring writer Paul Chudecki found the Lagonda's enormous torque immediately apparent, with the car feeling effortless and capable. “The 7-liter V8 pulls strongly from around 1,500–1,800 rpm, and from then on it is relentless. Acceleration: a guess would put the 0–60 mph time in the mid-five-second bracket, with 100 mph coming up around ten seconds later—impressive all the way up to 145 mph, as fast as we could go given the limits of the test track. There is no reason to doubt the car could pull its 6,500-rpm limit in top and reach 170 mph given the chance.” Externally, the Lagonda looks original, apart from a Kamm tail as fitted to later Aston V8s and Cibie driving 1963 Lagonda Rapide Lot# 112, s/n LR138R Condition 2 Sold at $41,630 Bonhams, Newport Pagnell, UK, 4/6/2005 SCM# 38682 1984 Aston Martin Lagonda Lot# 200, s/n 13332 Condition 3Sold at $23,225 Bonhams, Newport Pagnell, UK, 5/12/2007 SCM# 45540 1993 Ghia Lagonda Vignale Concept Lot# 15, s/n N/A Condition 3 Sold at $403,500 Christie's, Dearborn, MI, 6/16/2002 SCM# 28681 Sports Car Market Photos: Bonhams

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made for the Sultan of Brunei. Astons are rare, and this is a rare Aston. Granted, it's not in the price or beauty category of a DB4GT, DB5 convertible, or Touring Spyder, but a true aficionado would give it a respectful nod. What's interesting about chassis “007” (there's always a Bond tie-in, isn't there?) is that it has been hot-rodded, modernized, and neutered of its ZF 5-speed. As I've said in the lights where originally there were horizontal radiator slats. Presented in generally superb condition, 12007 is offered with V5 registration document, current MoT, sundry Works Service invoices dating from the 1980s, and a quantity of R.S. Williams bills dating from 2000 onward. SCM Analysis This car sold for $498,820 at the Bonhams Newport Pagnell Aston Martin sale on May 17, 2008. When car geeks chatter about modern Lagondas, it's usually in the same breath as “world's worst car,” or “What were they thinking?” This particular Aston Martin is thankfully not of that wedge-shaped ilk and that gross 1980s fraternity. These rare early 1970s AMs have zero in common with those “things” and more shared bloodline with the Aston V8 Vantage. I'm lucky to own a 1984 V8 Vantage and have to admit, the only thing that would make that car more enjoyable is if it had a second set of doors to allow more access to the rear seats. As a quick aside, Aston Martin and Porsche are betting four-door performance cars are the next niche market and are launching their own versions. How cool would it be to have your new Aston Martin Rapide sitting next to your 1976 Lagonda V8? Prior to visiting Newport Pagnell in February 1991, I spied my first Lagonda V8 on the streets of Mayfair and thought what an odd, cool car it was. Later that same day, I saw another example being restored at Aston Martin Works Service, and it was explained to me that I had now seen about 30% of the total production. I've never seen an affordable example I'd have one of these things in a minute if I ever had the chance, but I've never seen an affordable example. And I don't think any of the seven have ever lived in the U.S. This particular offering by Bonhams is a fine ex- ample of where the collector car world is today and what buyers appreciate. Limited-production cars that offer great style and usability are almost impossible to value. If something is “one of seven” and in superlative shape, it's akin to buying floor seats at a Celtics vs. Lakers championship game—far more buyers than sellers, and numbers that will make your noggin spin. ($33,000 for one seat on the hardwood, game 3 in L.A. as I write this.) To a serious Aston lover, this car falls into the category of a shooting brake, or perhaps the one-offs August 2008 49 past, if done by the right specialists, no real buyer gets bent out of shape when it comes to stumping up the cash. You really have quite a collectible when everything can be altered and you still shatter the pre-auction estimates. Cautious optimism must be the mantra prior to every sale these days, but when rare, desirable offerings bang through estimates by double, standing around slackjawed at the results is quite common. ♦ (Introductory description courtesy of Bonhams.)

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English Patient Gary Anderson How One Little Car Brought Down An Empire Conservatives bolstered Rootes fortunes in the '50s, but Labor and the Hillman Imp doomed it in the '60s O f all the sad sagas told about the collapse of the British automotive industry, none is more depressing than that of the Rootes Group, and the once-respected marques it took down with it. We all know about the demise of Rootes because of the death of the Sunbeam Tiger, when new owner Chrysler didn't have a suitable engine to replace the Ford 289, but there is more to the tale. Not unlike the fable of how for want of a nail, a kingdom was lost, this is the story of how one small car brought down an empire. The story begins back in 1928, when the foundering Humber company sought to save itself by grabbing Hillman, which was even closer to sinking. As with many such mergers (think Studebaker/Packard in 1954), all this did was make the wreck heavier. But car salesman Billy Rootes and his brother Reginald, fi nanced by Prudential Insurance, acquired the combined company in 1930. Much the same story was repeated with he 1950s, the Labor government brought about its demise in the 1960s. Rootes engineers proposed a compact rear-engined car, ironically to respond o competition from VW. The new, economical Hillman Imp was to use an 850-cc variant of the aluminum Coventry Climax fi repump engine favored by Lotus. But the Labor government refused to allow Rootes to expand Ryton, pushing them instead o construct a plant in Scotland near Glasgow as a part of the government's program to assist depressed economic regions. There were a few problems with this scheme. Building a new plant, rather than simply expandng and reorganizing current capacity, is expenive. Unlike the Midlands workers, who had been manufacturing since the dawn of the industrial evolution, the Glaswegians had little mechanical or assembly line experience. It made as much sense as the Allante And all of the suppliers of the component parts Rootes was history, indeed struggling Sunbeam-Talbot, which the brothers took over in 1935. Billy was no engineer and cared little for technical excellence, but he knew what customers wanted. Introducing the affordable Hillman Minx and more luxurious Humbers, Rootes gained the reputation of selling cars that were less expensive, prettier, and more fashionable than those of their competitors. Offered VW after WWII, but turned it down Ever the supersalesman, Billy turned his attention to selling the government on armored cars and bombers in WWII. Over half of all British armored cars, one out of six bombers, and nearly all staff cars came out of the Rootes factories. With the profi ts, Rootes was able to lease the huge Ryton factory in the Midlands after the war and turn its attention back to automobiles and trucks. One interesting misstep during this period was when Rootes was offered Volkswagen as part of Germany's war reparations, but turned it down, since Billy didn't think the Beetle would have any appeal in the postwar world. With war-time profi ts and manufacturing resources, the Rootes Company was able to capitalize on pent-up postwar demand for automobiles. To complete the story of Rootes's growth, the company easily swallowed up Singer in 1955. Taking several pages from Alfred Sloan's management of General Motors, Billy Rootes focused each marque at a separate price level, making frequent model changes to encourage buyers to trade in and trade up. The third part of the Rootes strategy was to use the same basic components in as many different marques as possible, differentiating the cars on the basis of trim and accessories, a practice that later became known as “badge-engineering.” But what goes around comes around, and while Conservative government bolstered Rootes's growth in 50 were in the Midlands. So, for example, the rough engine blocks would be cast in Scotland, shipped 320 miles south for fi nishing and basic assembly, then shipped back to be installed in the cars, before they were shipped south to Ryton again for fi nal distribution. It made as much sense as Cadillac's America/Italy/America trail for the Allante, and it turned out about as well. All of this would likely have been an insurmountable economic burden on a tried- and-true automobile, but the Hillman Imp was anything but. On the contrary, in a company not known for its engineering innovation, this was all-new technology, and much of it was new to the market as well. The engines turned out to be light, powerful time bombs, known as “emulsion” engines for their ability to mix oil and water, with disastrous results. Introduced in 1963, the Imp stayed in production through 1966, and in three short years, it effectively bankrupted Rootes. The failure pushed it into the arms of Chrysler, which was gathering up European companies in an effort to compete with Ford of Europe. Chrysler Europe, in turn, collapsed during the 1970s global downturn, to be taken over by PSA Peugeot-Citroën, burying nearly all vestiges of Rootes in the rubble. There isn't a lot in the wreckage of Rootes to interest collectors, except for the Sunbeam Tigers and Alpines, and to a lesser extent the Sunbeam-Talbot automobiles of the 1950s. The Hillman Hunter, though a pretty basic sedan, did have some rally success, winning the London to Sydney Rally in 1968. Think Minx, Gazelle, and Rapier Aside from the obvious Sunbeam Alpines (both versions) and the Tiger, our par- ticular favorites among the Rootes orphans are the trio of small sedans built between 1957 and 1966. These represented the peak of Rootes badge-engineering, differing only in appearance and price points. The Hillman Minx, Singer Gazelle, and Sunbeam Rapier were virtually identical under slightly different body panels, but sported different grille and rear fender treatments, as well as varying quality of interior trims. Should one of these turn up for sale in your vicinity, take a careful look. They sell for less than $10,000, and are pretty practical run-around cars. The Sunbeam Rapier in particular is almost pretty, and its cute little grille and tailfi ns show its origins at Raymond Loewy's design group, which also created the Studebaker Hawk. Don't buy anything that requires any body parts, because trim pieces can be very hard to fi nd. If you do fi nd a Gazelle, Minx, or Rapier, drive it with pride as an appropriate memorial to the hubris of Billy Rootes and the short-sighted industrial policies of the British government. ♦ Sports Car Market

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Etceterini & Friends Profile 1966 Maserati Mistral 4000 Spyder Unless and until a U.S. owner wants to ship a car to Europe to sell, don't consider this the price you can get here by Donald Osborne Details Years produced: 1963–70 Number produced: 123 (Spyders) Original list price: $13,600 SCM Valuation: $75,000–$120,000 Tune-up cost: $1,750 Distributor cap: $850 Chassis #: Engine compartment on firewall Engine #: Stamped on side of block Club: Maserati Club International, PO Box 1015 Mercer Island, WA 98040 More: www.maseratinet.com Alternatives: 1966 Ferrari 275 GTS, 1966 Aston Martin DB6 Volante, 1968 Mercedes-Benz 280SL SCM Investment Grade: B Comps Chassis number: AM109S1641 L ast of the classic 6-cylinder Maseratis, the Pietro Frua-styled Mistral commenced production in 1963. The 3.7-liter version of the Modena manufacturer's long-stroke engine was fitted to most cars, with other power options being the 3.5-liter or— from 1966—the 4-liter unit. A handsome two-seater on a shortened, square-tube chassis, the Mistral was built in coupe and spyder versions. A 5-speed gearbox, disc brakes, and fuel injection were standard equipment; automatic transmission, air conditioning, and a limitedslip differential the options. Production ceased in 1970, by which time a total of 827 coupes and 123 Spyders had been built. This rare Mistral 4000 Spyder was manufactured in 1966 and imported into the U.S., where it was sold to its first owner, Mr. F. J. Capretto of Seattle, in 1967. The car retains matching numbers on the engine block, cylinder head, and chassis, and its history is known in full. In the early 1970s, the Mistral was sold to the second owner, another Seattle resident, who drove it regularly until an overheating problem led to its being laid up in 1977. Thereafter the Maserati remained stored in a one-car garage in Seattle until exhumed in 2002. In 2004, the car was purchased by its third owner, Mr. Francis G. (Frank) Mandarano, a noted Maserati historian and founder of both the Maserati Club International and Concorso Italiano, under whose direction its restoration was begun. Chassis number 641 was 52 delivered to Vancouver and entrusted to Maserati specialist Milo's European Car for the mechanical rebuild, which included everything from the radiator back to the fuel tanks. The engine was rebuilt using new liners, Asso pistons, bearings, valves, guides, and seats, with all moving parts computer-balanced to perfection. All hydraulics were rebuilt, including the clutch and brake master cylinders, brake boosters, and calipers, and new brake hoses were fitted. A new clutch was fitted as well, with all hoses replaced and the fuel tanks and radiator cleaned. A new stainless-steel exhaust was fitted from the manifolds back. Over $35,000 was spent on the engine rebuild alone. The five original Borrani RW 3994 15˝ wire wheels were rebuilt and fitted with new Pirelli Cinturato tires. Also included for winter driving is an extra set of four Starburst alloy wheels shod with excellent Michelins. The seats and door panels were retrimmed in Turin, Italy, by Sig. Gavina, the man responsible for all the Quattroporte III interiors and the special Ferraris built for the Sultan of Brunei. World-famous car trimmers, Luppi of Modena, supplied matching Wilton wool carpeting, and back in Seattle the interior was finished by Steve Shepp, who also made a new convertible top using the original as a pattern. In all, close to $15,000 was spent on trimming, including materials. Circa 2005, the car came back to Europe, where its 1969 Maserati Mistral Spyder Lot# 206, s/n AM109S1731 Condition 1Sold at $263,150 Bonhams, Gstaad, CHE, 12/19/2007 SCM# 48094 1969 Maserati Mistral Spyder Lot# 209, s/n AM109S1717 Condition 2Sold at $163,727 Bonhams, Gstaad, CHE, 12/17/2006 SCM# 43808 1967 Maserati Mistral Coupe Lot# 158, s/n AM109SA1663 Condition 2Sold at $102,638 Bonhams, Monte Carlo, MCO, 5/20/2006 SCM# 41917 Sports Car Market Photos: Bonhams

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restoration was completed by a specialist in the South of France. It is presented in concours condition, together with a file of restoration photographs. SCM Analysis This car sold for $369,695, including premium, at the Bonhams “Les Grandes Marques à Monaco” sale held May 10, 2008. Although it's tempting to follow my usual SCM Profile format and begin with gen- eral background information about the model, the reality here is that what you actually want to do is skip to the part where I tell you if the extraordinary price achieved for this car is right. So, I won't disappoint. Everyone agrees that in determining value, there are some key touchstones to consider. Rarity, importance, originality, condition, and provenance are certainly the most important. Added to those should be the market in which a property is offered and sold, as well as the timing. Everything seems to have come together on this day in the Principality to deliver maximum results. The Maserati Mistral Spyder (and yes, the factory used the “y”) is rare, with fewer than 125 built. The Mistral is also important in the history of Maserati as the last model to use their great inline 6-cylinder engine, a descendant of the powerplant of the championship-winning 250F Grand Prix car. Cost was apparently no object Chassis 641 is reported to retain its original engine—the most desirable 4.0-liter version—and the Lucas fuel injection. It had been off the road for a 25-year period, during which time no bad repairs or modifications were made. This example had been restored mechanically and cosmetically to a very high level, with work performed by leading craftsmen on both sides of the Atlantic, and with cost apparently no object. The photographs of the car in the auction house catalog were impressive, and it was confirmed by Jérôme Hardy, SCM's on-site analyst, that this was indeed a “perfectly restored example.” The complete ownership history of the car was known from new and included one of the major figures in the Maserati collecting world—a man with access to all the information needed to properly restore and maintain such a car. So, was it “worth” $100,000 more than a superb 3.7-liter Spyder sold in Gstaad by Bonhams in December 2007 (SCM# 48094)? Is it “worth” more than three times the $120,000 high value in the 2008 SCM Price Guide? Does this signal yet another jump forward in Mistral prices specifically, and in Maserati generally? Well, the answers are yes, of course, and no, not really. The effect of currency exchange has been stated in these pages ad nauseam, so I won't belabor it here. Suffice it to say that in looking at Euro market sales, it's always best for us here in the U.S. to consider the price as if the dollar were at parity—a pipe dream, I know, but bear with me—to get a feel for current actual domestic market values. Recipe for a home run Unless and until an owner here wants to ship his car to Europe to sell, don't consider this the price you can get for yours here. So, let's call this price, at €238,500, closer to $265,000 in a U.S. transaction. That would make this, a near perfect car with the most desirable specification and excellent August 2008 53 provenance, worth a price well above all previous transactions, as it would and should be. Furthermore, this car was well presented, fully doc- umented, and offered for sale in a high-profile auction in a prominent venue at the time of the Monaco Historic Races, a recipe for hitting a home run. The SCM Price Guide, like most others, will always have a problem keeping pace with a fast-moving market. I don't think it's possible to find a Mistral Spyder that is not a parts car for the $75,000 low number, and the high number (which represents a good #2 car, not a #1), is probably 35%–40% too low at this point. I don't think it means that all Mistrals have gone up by the same percentage, although vintage Maseratis have long been undervalued compared to the 12-cylinder competition from Ferrari and Lamborghini. With the recent dramatic rise in early Lamborghini prices, it's not surprising also to see an increase in Maserati values. However, in my opinion, it would still be a mistake to tie the markets too closely together. A 6-cylinder car, or for that matter a V8 car, will never have the cachet of a V12. Add to that the fact that Maserati regularly outsold the products of Maranello and St. Agata Bolognese, making many of them far more common than their counterparts. But as we have seen in the current market, buyers are willing to step up and pay a premium for the rare and well-done car. This superb Mistral Spyder was both and has to be thought of as priced correctly, especially considering the selling venue. After all, if the new owner's Ferretti 881 yacht was docked in the Monaco harbor, the price paid for the Mistral would barely cover a decent shore launch. ♦ (Introductory description courtesy of Bonhams.)

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German Profile 1944 Volkswagen Schwimmwagen Schwimmwagen owners seem to be an enthusiastic crowd, often seen in the company of drastically less hip Amphicars by Rob Sass Details Years produced: 1942–44 Number produced: 15,000 approx. Original list price: N/A SCM Valuation: $75,000–$250,000 Tune-up cost: $150 (for later 1,300-cc VW) Distributor cap: $10 Chassis #: Volkswagenwerk GmbH ID-plate above engine and on hull near jack point Engine#: Stamped on case below pulley Club: www.schwimmwagen.co.uk More: www.vw166.com Alternatives: 1942–45 Willys Jeep; 1961–68 Amphicar 770; 1942–45 General Motors DUKW SCM Investment Grade: B (as a military oddity) Comps P orsche's Type 60 (the Volkswagen prototype), with its strong backbone chassis and air-cooled engine, had been recognized as an ideal basis for the German army's proposed Kübelwagen (“bucket car”)—a lightweight, open utility vehicle. A small number of Type 62 Kübelwagens were in service by the time war broke out. Experience with these early vehicles soon led to a number of modifications, the result being the definitive Type 82 that would see service on virtually every front. A variant of the Type 82 was the Type 166 Schwimmwagen, an amphibious vehicle that represented almost total re-engineering rather than mere further development. The Schwimmwagen featured a watertight, doorless hull—designed by Porsche's colleague Erwin Komenda—four-wheel drive, and a power take-off from the engine that drove a retractable propeller. This example of the most mass-produced amphibi- ous car ever was first registered in Italy on August 25, 1947, by the current owner's father. Completely restored in 1994, this Schwimmwagen has been fitted with a more modern 1,300-cc engine, while the mechanicals and propeller system work very well. Described as in very good condition, the vehicle is offered with restoration invoices and Italian registration papers. SCM Analysis This car sold for $231,725 at the Bonhams Monte Carlo sale on May 10, 2008. Most sources list total Schwimmwagen production at around 15,000, including a few assembled by the British out of spare parts—perhaps the first-ever “continuation 54 car.” As with many military vehicles whose usefulness expires with the last shot fired, the survivorship rate is small; estimates are that about 500 Schwimmwagens still exist. The average lifespan of a Schwimmwagen after leav- ing the Wehrmacht vehicle mustering area in Kassel was about six weeks. Most probably wound up abandoned when they ran out of fuel or were damaged. Many fell prey to marauding Mustang, Typhoon, and Thunderbolt air attacks, or still rest on European river bottoms. Schwimmwagens with documented long-term his- tory like this one—and several others advertised on the Schwimmwagen web site at www.schwimmwagen .co.uk—were obviously foundlings. Since the history of this one starts in 1947 in Italy, it is a fair bet that it was left behind during “Smiling Albert” Kesselring's stubborn defense of Italy in 1944. A rather sinister aside to the Schwimmwagen story is the fact that most were not allocated to regular Wehrmacht units but to elite and notoriously heavy-handed Waffen SS units. Schwimmwagens worked reasonably well because Porsche and Komenda (later the body designer of the 356) kept things exceedingly simple. The prop folded up onto the engine compartment lid when not in use and folded down and hooked up to a drive off the crankshaft when it was time to schwimm. Since it only spun in one direction, the only way to reverse in the water was to use the wheels and put it in reverse (assuming they were touching bottom). The front wheels also doubled as the rudder. Unlike the later Amphicar, the tub-like Schwimmwagen had no doors to leak through and was less prone to swamping. 1973 VW Thing Lot# 913, s/n 1833022556 Condition 1 Sold at $33,000 Barrett-Jackson, Scottsdale, AZ, 1/12/2008 SCM# 48944 1964 Amphicar 770 Lot# SP166, s/n 100569 Condition 2 Sold at $61,600 RM, Ft. Lauderdale, FL, 2/15/2008 SCM# 52017 1962 Daimler Ferret Mk II Scout Lot# 401, s/n N/A Condition 5 Sold at $28,080 Bonhams & Butterfields, Carmel, CA, 8/17/2007 SCM# 46186 Sports Car Market Bonhams

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More Schwimmwagens still out there It's difficult to peg the average Schwimmwagen owner. As of this writing, one Schwimmwagen was for sale on the web—not priced but suggesting a partial trade for either a vintage Ferrari or an NSU Kettenkrad, an odd half-artillery tractor, half-motorcycle (see SCM “Bike Buys,” January 2007). But judging by the galleries on the web, Schwimmwagen owners seem to be an enthusiastic lot who actually use the historic vehicles and are often seen in the company of drastically less hip Amphicars. Since the Type 166 was used by the Nazis everywhere from North Africa to the Soviet Union, it is conceivable there are still a fair number of Schwimmwagens out there remaining to be found. It sort of sums up the difference between rural Europe and the rural U.S.—cut the grass in front of a double-wide and all you're likely to find is a '72 Gremlin. In terms of restoration costs, light military vehicles, because of their small size, Spartan nature, and low standards of finish, can be less demanding and less costly to restore. While public sales of Schwimmwagens are very infrequent, if the chatboards are to be believed, complete vehicles with needs can sometimes be found for less than half of what this one brought. Assuming nothing is missing, and that this price wasn't a complete anomaly, one might do well to consider searching overgrown hedges in Normandy for Schwimmwagens. ♦ (Introductory description courtesy of Bonhams.) Seat Time Gerhard Schnuerer, via email: My wife Rosemarie and I have owned a 1944 Schwimmwagen Type 166 since 2002. The Schwimmwagen was designed and built by Volkswagen as a reconnaissance vehicle and small personnel carrier for the German military from about 1942 through 1945. It was successfully deployed in Russia, Southern Europe, and the Western Front. With its 24-hp motor, 4-speed transmission, two-wheel- and four-wheel-drive, “crawl” gear, and light weight, it was perfect for accompanying troops in cross-country marches without the engine overheating. It could also drive right into a river or lake, lower its propeller, and “speed” through the water at about 6 knots while carrying four fully armed troops. Our Schwimmwagen had been brought over from Germany to the U.S. after WWII by an American officer and was heavily modified during its subsequent restoration. After changing hands a few times, we acquired it in 2002 and started the 18-month body-off restoration process in 2005. The vehicle is now 100% correct, including an original, albeit disabled, MG42, K98 Mauser rifles, ammo cans, shovel, and paddle. ♦ August 2008 55

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Porsche Gespräch Jim Schrager The Speedster Spell Ferry Porsche considered Speedsters silly cars, but Europeans love them and have been buying them for a decade Porsche Gespräch / Jim Schrager W hat is it about the Speedster that has caused prices to rise to unheard-of levels? While other 356s and Porsches in general continue on a solid upward trend, Speedsters seem to be on a tear. What's so special about these cars, and has the same magic spread to the 1989 and 1994 reprise of the Speedster in 911 guise? Today it takes about $120,000 to $130,000 to buy a #2 driver Speedster, unless there are significant flaws with the chassis or body. Double these prices for strong #1 examples. Several forces have caused the serious rise in 356 Speedster prices: currency effects, cultural appeal, cross-over demand, and competitive fever. Toys for sun-worshiping Americans The last great car boom was driven by the strong Japanese yen and the desire of Japanese collectors to spend money on our cars in the late 1980s; the current boom has been driven by the strength of the euro and the pound. Without these forces, our market in dollars would not have nearly the upward pressure it has today. When looking at the price of a Speedster, realize that if it were sold in Europe, a bunch of that price—say 25%—would be due strictly to currency conversion and the fact that it costs real money to ship a car to the Continent, pay ocean freight, import duties, and prepare it for sale. Cultural appeal plays a special role in the values of Speedsters, because these Spartan 356s were rarely sold new in Europe. Speedsters were considered silly cars, not able to be used on a daily basis, and little more than toys for rich, sun-worshiping Americans. Ferry Porsche felt they would dilute the 356 brand image of performance cars you could use for daily transport. But today, Europeans love our Speedsters, and they have been paying high prices for them for over a decade, trying to fill the void that occurred as almost no new Speedsters were sold in Europe. Cross-over demand simply means that Speedsters are ideal “token 356s” in a collection that concentrates on different marques. For a Ferrari, Cobra, Jaguar, or even American car collector who desires to broaden his horizons, the Speedster sits atop the 356 food chain, is immediately recognizable, and generally great fun to drive and be seen in. The final reason Speedsters are selling at high prices is the competitive nature of the auction world today. When an item is in demand, there is no better way to get top dollar than through the auction process. This is how all major markets work, be it capital to fund our businesses, oil to run our economies, metals to build our products, or art to adorn our walls. It's all done by auction, whether by live open-outcry (as in the Chicago Board of Trade), electronic trading, or in selected lots such as those for fine artwork. Prior to auctions, whether we want to admit it or not, we all guessed what our cars might be worth. Many of 56 1957 Porsche 356A Speedster us guessed too low, and found our cars bouncing quickly to other new owners after we sold them. An auction changes all that, and the results can be quite dramatic—on both the uptick and the downside. Objects of desire, not rational purchases Speedsters remain objects of desire, not rational purchases with which to carry out our daily lives. As such, they have a strong emotional appeal, and the prices we see can be the result of pure emotion. At an auction, especially when two bidders go at it mano-a-mano, that emotion can result in numbers that shock us. The good news is that no single sale makes the market, and that there are always outliers in each market that represent nothing. But when two or more folks want that car that day, it is possible to get surprising results—directly because of the auction format—which can begin to change people's minds on values. Within 356 Speedster production, which started in 1954 and ended in 1958, it is important to note that a basic rule of the 356 cars is broken; namely, the older it is, the worse it is to drive but the higher the value. While all Speedsters are valuable cars, people invert this “older is worse but worth more” rule and pay the most for the newest Speedsters. This is because the drivability and durability of the 356 grew by leaps and bounds, and the “pre-A” Speedsters of the first few years are much less fun to drive and much more fragile than the 356A cars starting in 1956. Within the A cars, the later 356A cars of 1957–58 (with a few in 1959) are the best and most desirable to drive. For the 911 Speedsters, none of this has happened yet. They continue to sell, almost 20 years later, at or below their new car prices, not a happy sign for owners. Today's strong prices for vintage Porsches have had hardly any effect on 911 Speedsters. Yet these do not display the typical trait of declining in value as the years pass. Will they catch on someday and be the central icon for the 911 cars the way the Speedster is for the 356? It's anyone's guess, but mine would be no. I think the 1973 Carrera RS is nicely handling the duties as icon of the early 911 line. But 911 Speedster values will continue to grow slowly as more Porsche enthusiasts desire to look backward and pick an older car to add to their stable. And what happens when (and if) the vintage car bubble bursts? Speedsters will decline, just as all vintage Porsches will. But 356 Speedsters will remain solidly atop the 356 value hierarchy, no matter how much overall values tumble. ♦ Sports Car Market

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American Profile 1964 Ford Galaxie 500 Hard Top (with Turbonique Rocket Drag Axle) My 9-year-old son was very agitated as I loaded the car. He said “Dad, you can replace any one of the others—this is unique” by B. Mitchell Carlson Details Year produced: 1964 Number produced: 206,996 2-dr hard tops (out of 505,397 Galaxie 500s) Original list price: $2,763 (plus the irreplaceable hi-po extras) SCM Valuation: $375,000–$500,000 Tune-up cost: $120 Distributor cap: $12 Chassis #: Stamped into tab on upper right side of cowl; on dataplate riveted to rear edge of driver's door Engine #: On block above oil pan at passenger's side front corner Photos: Mecum Auctions Club: Ford Galaxie Club of America, PO Box 429 Valley Springs, AR 72682-0429 Chassis number: 4N66Z153573 B uilt by tobacco heir Zachary Reynolds, the “Tobacco King” 1964 Ford Galaxie was as wild an example of a Rocket Drag Axle-equipped car as one could ask for. Playboy, pilot, ham radio enthusiast, and all-around enfant terrible, Reynolds wanted a car that would terrorize everyone with its appearance, before slamming their senses with a prodigious detonation of Rocket Axle power. The “Tobacco King” certainly fulfilled that mission. Documented in the 1967 Turbonique product catalog, the Raven Black Galaxie's original 390 V8 engine was replaced with a 425-horsepower 427 Ford big-block fitted with a rare Latham axial flow supercharger fed by four Carter one-barrel side-draft carburetors. That alone would have been enough for most street racers, but not for Reynolds, who had the differential replaced with an 850-horsepower Turbonique turbine Rocket Drag Axle. The rest of the car was modified to handle the colossal acceleration, with the frame reinforced and suspension beefed up to handle the torque delivered through the rear axle housing, and ground clearance increased to accommodate the huge turbine housing that shot its rocket exhaust out from underneath the rear bumper. The car's visual impact is stunning. From the front, it looks every bit the mid-'60s A/FX racer of the Thunderbolt variety, with dropped suspension, dump tubes, and unpolished American Torq Thrust wheels. The picture is completed by the rear view, where the black Simpson chutepack and twin large-diameter tailpipes draw the eyes down to the rocket axle. Inside, the Galaxie's instruments include gauges to monitor engine rpm, supercharger boost, and the rocket axle. The radio beneath the dash speaks to Reynolds's passion as a ham operator. Zachary Reynolds put a total of only 3,611 miles on the car before his death in a 1979 plane crash in North Carolina, 58 after which the car was placed in storage. It is accompanied by early registrations, the owner's manual, a Turbonique product catalog with photos, Latham Supercharger literature, and Zach's personal notebook. Completely original, it is in superb condition inside and out. SCM Analysis The Zachary Reynolds “Tobacco King” rocket 1964 Galaxie 500 was declared sold at $376,000 at Dana Mecum's Spring Classic in Indianapolis, Indiana on May 17, 2008. However, it was bought back by the consignor, who purposefully bid after his own $375,000 reserve was met, and he made no secret of this. Aftermarket performance products of the 1960s have entered something of a renaissance. I can personally attest to this, as I had a Judson supercharger fitted to my 1962 Chevrolet Corvair Monza convertible shortly after I restored it. (That was probably a direct result of all of the time I spent looking through the back pages of Car & Driver when I was supposed to be studying algebra in high school.) Prior to that, my aqua Corvair with a Powerslide au- tomatic drew little interest. With the Judson fitted, guys who usually wouldn't cross the street were magically drawn to it. Granted, the setup never ran well; it either idled great and ran poorly or wouldn't idle but ran great. However, the three times I showed it before the impeller blades let go, it got three first place in class and People's Choice awards—at all three shows. There's definitely something about a 1960s vintage aftermarket supercharger that draws people, zombie-like, to it. So imagine the attraction with a rocket engine added to the mix. It takes something unique to create a buzz In an auction full of Hemis, LS6 Chevelles, Boss 429s, and even a ZL1 1969 Camaro, it takes something unique Sports Car Market More: www.galaxieclub.com Alternatives: 1964 Ford Thunderbolt, 1962 Ford Galaxie 500 factory lightweight drag car, 1963–65 Dodge/ Plymouth factory lightweight drag car SCM Investment Grade: BComps 1965 Dodge Coronet “Yankee Peddler” Lot# S61, s/n 5118674 Condition 3+ Sold at $787,500 Mecum, St. Charles, IL, 10/6/2006 SCM# 43081 1966 Shelby Cobra Super Snake Lot# 1301, s/n CSX3015 Condition 2 Sold at $5,500,000 Barrett-Jackson, Scottsdale, AZ, 1/18/2007 SCM# 44047 1964 Ford Thunderbolt Lot# F24, s/n 4F41R67198 Condition 1 Not sold at $90,000 Mecum, Belvidere, IL, 5/28/2004 SCM# 33958

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Seat Time Kevin Fitzgerald, St. Charles, IL: My father brought home a triple blue 1964 Galaxie 500 XL convertible for my mother to replace her 1961 Country Squire. My mother hated the car because she didn't want to ruin her hair or cover it with a scarf. My father finally sold it in 1974 with 270,000 miles on it. I remember it as fast and comfortable. I learned to drive in the snow to create a buzz. In this case, it was the Turbonique. Not only did it have the swagger of the most bad-ass car on the grounds, but it's also a 1964 time capsule of cost-isno-object aftermarket performance. This car started out with a 300-hp 390 (changed to a 427) with an automatic transmission. The Rocket Axle required the indirect connection of the torque converter in the driveline to prevent damage to the engine when ignited. Only a handful of Turbonique Rocket Axles have survived into the 21st century, and this was the only one ever to be fitted to a street-legal car when the company was in business. Today, the rocket motor could still be fired up, but since having a regular supply of Thermolene fuel will lead to an interview with Homeland Security, most owners readjust the jetting and metering to use hydrogen peroxide as an alternative fuel. The Latham blower is as unique as the Rocket Axle. The decade from the mid-1950s to the mid-1960s can be considered the golden age of supercharging. Paxtons were OE in Studebakers, Packards, Fords, and even in the final year of Kaisers. Aftermarket manufacturers like Latham, Judson, and Schrock sold kits to fit anything from Chrysler Hemis to VW Beetles. There were two aspects of this car's originality that struck me. First was the faint interior smell of a new 1964 Ford. Not musty, no mothballs, but an actual new '60s car. I also noticed some scrapes in the bottom of the front bumper. These can be traced to the undercarriage photos in the 1967 Turbonique catalog. The Tobacco King's car was hung in the air by a crane for the photos—suspended by cables slung through the front suspension. That's where the scrapes in the chrome came from. Aside from occasionally “burping” the rocket on the street, Reynolds apparently ran the car at Farmington Dragway, but there is no record of its times. However, Turbonique recorded 9.66 and 148 mph in November 1966 in “Captain” Jack McClure's 1965 Chevrolet Chevelle at the Tampa Dragway while running the same rocket system, and this car has water injection to improve the fuel burn. Zach Reynolds was perhaps one of the wealthiest pack rats of all time. Not only did he retain the original 390-ci motor from the car, which was offered with it, but he kept detailed records in a binder that dated from his high school days. After he got his kicks with the car, he just parked it. August 2008 Decided to sell it “in a weak moment” The family did nothing with the car until 1995, when it was sold to one of their friends. That second owner sold it to the current consignor “in a weak moment” two years ago. The consignor had only exhibited it once before the auction, at Fords at Carlisle, shortly after he bought it. The subsequent lack of use made him decide to sell it in his own “weak moment.” Shortly after consigning the car, he started to regret the decision. On the day before the car crossed the block, he told me, “What finally did it for me was when I was loading the car to bring it here, my nine-year-old son, who was very agitated, asked why I was selling it. I told him that we didn't use the car, and that we had other collector cars. He said ‘Dad, you can replace any one of those. This one is unique, you can't.' That did it.” When it crossed the block, there were three players on it, one who was willing to bid up to the $375,000 reserve. When the consignor made his only bid at $376,000, the other bidder neglected to go any further. Thus, the consignor bought his car back, and paid Mecum both the buyer's and seller's premiums of $22,560 each. Factoring the consignment fee of $1,500 before the sale, this comes to $46,620, not including the cost of promotional material the consignor prepared and gave away, so we are looking at nearly $50,000 to make a change of ownership not happen. The consignor was forthright about his desire to bring the car back home. The buzz created by the car at the event no doubt pleased Mecum, but they most surely would have preferred the car go to a new owner, no matter how transparently this sale occurred. The other by-product of the publicity was that it generated quite a stir in the “Old School” performance community. The story filtered down to the man who helped build the car in 1966. He made the trip from North Carolina to see the car for the first time in 41 years and gave the owner spare parts for the rocket motor. He also had plenty of stories to further enlighten him about the car's history. Saturday night, the consignor said he felt the fees paid to buy the car back were well spent. One could argue that he paid $50,000 for an appraisal. I personally feel that if he really wanted to sell lot S139, it would have taken closer to $500,000 to get the deal done As it sits now, the next person to face the prospect of selling it likely won't; the grown-up nine-year-old will recall the day he told his dad it was irreplaceable. ♦ with it. It never got stuck, but it sure got sideways. When I hear Jay Leno talk about his father's Galaxie, I remember my mother's car and my father showing up in it at school one day to take me to a doctor's appointment at Fenway Park. Ken Candee, via email: I owned a Galaxie from 1967 to 1970. It was red with a white convertible top. It had a 428 and tons of room, and in those halcyon college years, we used to go on homemade road rallies—eight- to 15-car events devised in the coffee shop. The best part was that if you missed a nav point, you could drive backwards to take the extra miles off. I speak from experience, having driven that beast two miles backwards in Sheboygan County, Wisconsin. Thomas's Galaxie Neil Thomas, Beverly Hills, CA: I bought my 1964 Galaxie about four years ago. It's got a 352-ci big-block and 82,000 original miles. It's a great driver and grabs a lot of attention. I love the long sleek lines and circular taillights, and I love to annoy BMW drivers with the Flowmaster 40s as I cruise around the streets of West Los Angeles. Now I don't like the gas mileage so much. Because of the meek 2-bbl and heavy curb weight, it handles like a battleship. It makes me wonder how the NASCAR drivers of '64 had the cojones to drive these things at 160 mph around a track. 59

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Domestic Affairs Colin Comer The Dandy Griffith If not treated with respect, the car's 85-inch wheelbase and 289 Ford V8 will have you spinning like a dog chasing a laser pointer powered up. An idea was born, and soon one of Donohue's spare Cobra engines was being test fitted into Sagerman's car. Convinced it would work, Griffith cut a deal with TVR to supply mod- ified Granturas, minus engines and transmissions, and then contracted with Ford to supply 289-ci engines and 4-speed “Toploader” transmissions. The final ingredient was for Griffith to lease a “factory” in Syosset, NY—all you needed in 1964 to be considered a manufacturer. Fairly well-developed, albeit crude The TVR Grantura that Griffith used was a fairly well-developed sports car, if a bit crude. With a fiberglass body, a full tubular frame, four-wheel independent suspension, and disc brakes all around, it was an extremely light (1,500 lb), well-handling car, perfectly suited for the 4-cylinder MG B motor that TVR used. In order to shoehorn the Ford V8 into it, TVR supplied Griffith with modified cars; the main chassis tubes were nine inches farther apart, the front suspension pickup points were strengthened, and the lower tube frame crossmember was moved six inches forward to clear the Ford oil pan. 1965 Griffith 200 coupe in optional “shagadelic paint” U nlike the environmentally conscious, fuel-sipping, ultra-low emissions, and utterly boring “hybrid” cars of today, a whole different group deserved that name in the 1960s. They consisted of European sports cars that fell into the hands of cottage industry “manufacturers,” which took Italian and British sports car sophistication (or lack thereof) and shoehorned in American V8 lumps. The period is the 1960s, so we are skipping cars built by men like Cunningham and Allard, though all these creations used American V8s. Most popular was the lightweight Ford 260/289 V8, although many cars also used Chevrolet small-blocks and Chrysler V8s. Thanks in great part to Carroll Shelby, British cars with the Ford 260/289 were by far the most successful. In this segment, the players included Shelby's Cobra, the Ford GT40, the Sunbeam Tiger, and the little-known and often misunderstood Griffith 200 and 400 Series. These little bastards were the scrappy kid from down the street who could beat up anybody, if he could stay out of jail long enough. Andrew Jackson Griffith—“Jack”—was a high-per- formance Ford dealer from Long Island, New York, who also sold Jaguars and Shelby Cobras. In fact, Shelby hired Griffith to collect the rolling AC Cobra bodies from the shipping docks and store them at his facility until Shelby had enough cars in New York to fill a transport truck for delivery to California. Griffith even purchased an early competition Cobra, which he campaigned with Bob Brown, Jr., Bob Johnson, and Mark Donohue as drivers. About this time, Griffith was shown a TVR Grantura Mk III by friend Gary Sagerman. Intrigued by the Grantura, and surrounded by a garage full of AC bodies waiting for Ford V8s, the entrepreneurial light bulb in Griffith's head likely got 60 Back in Syosset, the frame tubes that wouldn't clear the Ford starter were beaten into submission with a 16-lb sledgehammer (concours Griffith restorers, take note). In March 1964, Jack Griffith announced the end result—the Griffith 200—named for the 200-hp the Ford engine produced. On paper, this made for a fantastic performer. The Ford engine added only 75 lb, and retaining the MG B rear axle, with its 4.11:1 ratio, promised stunning performance, a fact not lost on Griffith's ad copywriters at the time. Original advertisements quoted sub-4-second 0–60 mph times, with a top speed “in excess of 150 mph.” Curb weight was reported as 1,485 lb, although 1,700 lb is closer to the truth. Base price for a Griffith 200 was $3,995, with the 271-hp Ford “Hi-Po” 289 engine available for an extra $495. Styling was debatable, with its Virgil Exner-esque tail and squashed frog front. But somehow it fit the quirkiness of the car. Griffith learned as he went along However, unlike other “hybrid” manufacturers such as Shelby, Griffith wasted little time on any actual engineering. He learned as he went along. Early cars had frightening torque steer... if everything behind the transmission survived your first full-throttle application. The TVR half-shaft bolts literally turned into dust, and the MG B diffs often fol- lowed suit. Plus, there was no room to fit a proper alternator, so a 30-amp generator was fitted. Unfortunately, the dual electric cooling fans and electric fuel pump alone consumed about 31 amps, so the first time you activated a lamp or the windshield wipers, your car died. The two-piece fuel tanks had improper soldering on the seam and leaked. Body fit and the strength of its attachment to the tube chassis left a lot to be desired. But as time went on, Griffith identified the issues and the cars were sorted out. In spite of mixed reviews by the automotive press, demand for the 200 was high. Griffith quickly outgrew the Syosset “factory” and moved to larger quarters in Plainview, NY. By late 1964, 191 Griffith 200s had been produced. Hot on the heels of the 200, for the 1965 model year Griffith introduced the 400 model. It was an improved version of the 200, with the biggest external difference the Kamm tail and wraparound rear window. Standard equipment was the 271-hp “Hi-Po” engine and a new 2.73:1 rear axle ratio. All of the fixes and tweaks learned during 200 production were incorporated, in- cluding my favorite—a chrome strut that connected the dashboard to the roof. Why? It seems that some Griffith 200 owners discovered that at speeds in excess of 130 mph, the fiberglass roof would actually separate from the body. So Griffith used a little strut rod to hold the roof on. In December 1964, a dock strike crippled the East Coast. It would last through April Sports Car Market

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1965, which meant no TVR bodies for Griffi th. Already in a fragile fi nancial position prior to the strike, fi ve months of no cars was the death knell for the little manufacturer. Only 59 Griffi th 400s were produced before Ford pulled the plug on supplying engines, due to credit concerns. Although Griffi th gave car building one last chance with his Intermeccanica-based, Chrysler 273-ci-powered Griffi th 600, only ten were built before Griffi th closed the doors. A mind-boggling performance car Once sorted, as most remaining examples have been, a good Griffi th 200/400 is a mind-boggling performance car. Just imagine a 289 Cobra with better suspension and 500 fewer pounds to drag around. But also keep in mind the much shorter wheelbase of the Griffi th, please. Otherwise you will be spinning like a dog chasing a laser pointer. With just 250 cars produced, Griffi ths are too rare—or perhaps just too fl awed—to be considered iconic like a Cobra or GT40. Very few trade hands publicly, but from what I understand, they range from $40,000 eBay bastardized basket cases to the rumor of a fanatically restored 200 trading for north of $100,000. For those brave enough to not only drive a Griffi th but also locate one that has some chassis tubes left and hasn't been dropped off a cliff, I can't think of a better way to scare yourself for less money. They are a unique footnote to the whole hybrid movement of the 1960s. Just don't expect the Toyota Prius owner next to you at the light to give you a highfi ve when you hit the gas. ♦ (TVR founder Trevor Wilkinson died June 6, aged 85.) August 2008 61

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Race Car Profile 1971 Ferrari 512 M These difficult cars have finally gotten the development they didn't get when racing in anger and have become superb vintage racers by Thor Thorson Details Years produced: 1969–71 Number produced: 25 (15 converted to “M”) Original list price: $38,400 SCM Valuation: $3,000,000– $4,000,000 Photos: RM Auctions Chassis number: 1024 I n 1968, the rules for sports car racing were changed, limiting Group 6 prototypes to a maximum 3-liter engine capacity. For the 1970 season, Ferrari decided to do what Porsche had done earlier with the 917; that is, build 25 examples of a 5-liter car to allow homologation into the FIA's Group 5 sports car category (renamed from Group 4 for 1970). Ferrari's 512 S represented yet another attempt by a manufacturer to thwart the homologation rules laid down by the Commission Sportive Internationale. It was a practice the CSI tried hard to avoid: Manufacturers would build prototype racers, produce them in the required quantities, and then fi t them with lights, horns, and spare wheels, ostensibly to look like a road car. In reality, the 512 was the fastest car Ferrari had ever built, capable of speeds in excess of 235 mph. Assembly of the fi rst 512s began at the end of 1969. The chassis was similar to the one used on the P4. The engine was a direct development of the 612 CanAm series unit, now fi tted with twin overhead camshafts, four valves per cylinder, and Lucas indirect fuel injection. All of the completed chassis were originally built in berlinetta confi guration, but then modifi ed as open cars. The 512's competition debut took place when fi ve identical cars lined up for the Daytona 24-Hour race on January 31, 1970. Mario Andretti put the 512 S on pole position, but in the race, the Porsche 917s led throughout. Only one 512 S survived the race, fi nishing a remarkable third. After Le Mans, the Mauro Forghieri-led development team started to work on a slimmed-down and more powerful version of the 512 S. Called the 512 M (for Modifi cato), the revised car produced 620 hp and weighed 1,793 lb, compared to the 512 S Spyder's 1,883 lb. Bodywork revisions included a more aerodynamic nose and a large airbox mounted on top of the engine to force air into the intake trumpets. Further modifi cations included new rear bodywork, and no spyder version was available. Fifteen of the 25 512 Ss were converted to M-spec. SCM Analysis This car sold for $3,234,275 at RM's Maranello sale on May 18, 2008. It's all Porsche's fault. In 1967, the CSI was unhappy 62 with how fast the cars were going under the existing unlimited engine size rule, so they changed the formula for Group 6 Prototypes to 3-liter engine displacement and no production requirement. This solved the speed problem but created another; now there weren't enough cars to fi ll the racing grid and put on a show. So they added Group 4 Competition Sports Cars—cars with 5liter engines and a minimum of 50 produced. This allowed the Ford GT40s, Lola T70 coupes, and Ferrari 250 LMs to continue fi lling the grids, but still excluded the lower-production racers. The following year, 1968, was disappointing, with few Group 6 entries and small grids comprised mostly of earlier Group 4 cars with 5-liter engines. Trying to expand the entry lists, CSI dropped Group 4 production requirements to 25 cars, primarily to accommodate Porsche's 910 and Alfa's T33. With these additional Group 4 cars fi lling out the grids and Ferrari's new 312P joining Porsche's 908 in Group 6, 1969 started out working pretty much the way the CSI had hoped. As history knows well, though, Porsche had another plan. On April 20, 1969, Porsche publicly rolled out 25 Type 917s, fully legal Group 4 Competition Sports Cars (but effectively 4.5-liter Group 6 Prototypes). Nobody saw them coming. It was immediately apparent that the rules of engagement had been changed and success through 1971 was going to require a 5-liter car. Ferrari had the resources to respond Like the others, Ferrari was caught completely by surprise, but for once had the resources to respond. Fiat had just bought Ferrari, so there was some capital to work with, and what better use for it than to defend Italian glory against the Germans? The 512 project was immediately started so cars would be ready for the 1970 season. The 312 P that Ferrari had fi elded in 1969 for Group 6 was a jewel of a car, effectively a two-seat 3-liter Formula One car with an engine detuned for distance racing. There was no way it could be adapted to a 5liter engine, so Ferrari went back to the 330 P4 chassis design of 1967 and proceeded to beef it up to take the Cost per hour to race: $1,500 Chassis #: Brass tag on support bar from roof to rear suspension on right rear side Engine #: Back of the block, with Tipo #; also under #7 exhaust port, very difficult to spot Club: Ferrari Owners Club More: www.ferrariownersclub.org Alternatives: 1969–71 Porsche 917, 1964–69 Ford GT40, 1966–69 Lola T70 SCM Investment Grade: A Comps 1970 Ferrari 512 S Prototype Lot# 208, s/n 1006 Condition 3+ Sold at $3,564,000 RM, Maranello, ITA, 5/20/2007 SCM# 45283 1970 Ferrari 512 S/M Prototype Lot# 122, s/n 1030 Condition 3- Not sold at $1,950,000 Sotheby's, Maranello, ITA, 6/28/2005 SCM# 38665 1970 Ferrari 512 S Prototype Lot# 424, s/n 1016 Condition 1- Sold at $1,180,000 Brooks, Gstaad, CHE, 12/17/1999 SCM# 12702 Sports Car Market

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power and chassis loads of a 5-liter engine. There wasn't time to design a purposebuilt engine, so they took the 612 CanAm engine and modified it, dropping capacity from 6 to 5 liters while adding twin-cam, 4-valve heads with Lucas fuel injection. Much wider wheels and a greatly improved understanding of aerodynamics, particularly downforce, combined to make the body design far different from any previous Ferrari, with flat planes replacing the voluptuous curves of earlier cars. The 512 was the first Ferrari to carry fiberglass bodywork and, historically, the last time Ferrari responded to a challenge by dusting off an earlier design, strengthening it, and stuffing in a bigger engine. Enzo didn't have much choice if he was going to match the 917, but it was very different from the way Ferrari liked to do things, and my feeling is that the company's heart was never really in the 512 project. It was something it had been forced into doing. Ferrari managed to get the 512 S homologated and put five cars on the starting line for the season opener at Daytona in January. The 1970 season proved to be one of the great ones, with monumental battles between the 512 S and 917 at virtually every race, but Ferrari could never overcome Porsche's head start. Porsche dominated the championship points for the year and Ferrari looked to the future. The 5-liter loophole was going to close for the 1972 season, so Ferrari set their attention for 1971 on the new 312 PB, which would take them into the new rules. They updated 15 of the 512 S into 512 M (Modificato) for the privateers to run and more or less cast them loose. The 512 M enjoyed modest success at best through the 1971 season, then lost the international stage with the new 1972 3-liter rules. A car with immense potential was finally sorted Though a car with immense potential, the 512, either S or M, never really worked right in its time. This is evident in comments from people who have driven them. Harley Cluxton, who drove them for NART in the era, uses terms like “not fun to drive,” “undeveloped,” and “daunting” to describe his experiences. They were very softly sprung, with huge weight transfer issues (read “push”), and when this was fixed they developed a snap oversteer. Cluxton observed dryly, “The car was not on your side.” On the other hand, SCM's Michael Sheehan, who knows 512s very well, but only as a contemporary vintage racer, thinks there may be no better racing Ferrari, ever. To him they are sweet, fun, and predictable. The difference is clearly that the cars Sheehan knows have finally gotten the development they didn't get when racing in anger. A difficult and challenging racer of its time has become a superb vintage racer. It's still not a car for an amateur. 512s are immensely powerful, fast, and sit on a lot of tire, with all the commensurate risks and intimidation that go with that. Things can happen very fast in a car capable of over 200 mph, and mistakes can be very expensive, painful, or both. It doesn't help that if you're over 5′ 10″ tall, you can forget about fitting into a 512 coupe. This limits the market for a car like this, with the re- sult that they've never come close to carrying the value of earlier Ferraris. Though in many ways a development of the 330 P3/4, they're worth maybe a third as much. It's also interesting to note that this is probably the only racing Ferrari worth substantially less than its Porsche equivalent; good 917s are worth over $4.5 million these days. That said, all cars in this category have appreciated substantially in the past few years. I think as younger collectors who know and revere the '70s more than the '60s have come into the market, they have driven the values of these cars and will continue to do so. It's the last of the big, robust V12 racers, the last of the privateer Ferraris (it even came with an owner's manual), and even if not the most successful in its time, it's a lot of car. At $3.3 million, I'd say market correct and a good hold. ♦ (Introductory description courtesy of RM Auctions.) August 2008 63

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Market Reports Overview $74m From Maranello, Monaco, Houston, and More… Ferraris and vintage bikes saw big results, with prices up nearly everywhere by Jim Pickering L ate spring sales reflected a more stable market than in months past, with comfortable growth in almost every location. As always, SCM's Auction Analysts were present at events across the globe to record the events as they happened. RM returned to Maranello in May for its second annual sale at the Ferrari factory, and Auction Analyst Jérôme Hardy was there to record the new record sale price of $10.9m for actor James Coburn's 1961 250 GT SWB California Spyder. Ten cars broke the million dollar mark, and the final sale total of $43.3m showed only a slight decrease from last year's $45m. One week prior to Maranello, Hardy made the trip to Monaco for Bonhams's annual “Les Grandes Marques à Monaco” event held in conjunction with the Monaco Historic Grand Prix in Monte Carlo. Here he found prices to be up $4.6m over last year's $8.1m take, with 50 of 78 lots bringing a total of $12.7m. Although a large number of race and rally cars crossed the auction block, Hardy found the road cars to be more successful in terms of achieved prices. The Worldwide Group again traveled to Texas for its Houston Classic sale in early May, and Senior Analyst Carl Bomstead went to the Lakewood Yacht Club in Seabrook to see the events unfold. Held alongside the 13th edition of the Keels & Wheels Concours d'Elegance, this year's sale saw 98 of 110 cars change hands for a final total of nearly $11.6m—up $3.6m from last year's event, where 95 cars sold for close to $8m. Meanwhile, Executive Editor Paul Duchene went to Half Moon Bay for Bonhams & Butterfields's Legend of the Motorcycle auction on May 3, where 87 of 105 bikes brought $1.8m—nearly tripling last year's 31 sold, and doubling last year's final total of just over $800k. SCM1-6 Scale Condition Rating: 1: National concours standard/ perfect 2: Very good, club concours, some small flaws 3: Average daily driver in decent condition 4: Still a driver but with some apparent flaws 5: A nasty beast that runs but has many problems 6: Good only for parts 64 Sales Totals RM Auctions, Maranello, ITA Silver Auctions, Portland, OR Bonhams, Monte Carlo, MCO Bonhams & Butterfields, Half Moon Bay, CA Motley's Auction, Richmond, VA Cox Auctions, Branson, MO Worldwide Group, Seabrook, TX Silver Auctions, Dallas, TX $43,313,751 $12,724,772 $823,770 $161,330 $11,558,150 $2,712,353 $312,370 $1,780,449 Attendance was again high this year, and the prices achieved further demonstrated growth in the vintage and classic motorcycle market. Mid-April saw Silver return to Portland for its yearly spring auction, and Duchene noted typical bidder interest and consignment quality adding up to $823k for 62 cars sold. He found that $10k would have bought over half of the cars offered. One weekend later, Silver was in Texas for its first-ever Dallas sale, and Analyst Dan Grunwald noted that inclement weather pushed the auction back a day and likely lead to some sellers keeping their cars in their garages. Twelve cars sold for a $161k final total. Analyst Chuck Leighton made his way to Cox's annual spring Branson sale on April 18, where 144 of 210 lots sold for a total of just under $3.5m. Cox's October sale, at its new venue at the Branson-Hilton Convention Center, totaled $3.8m, and while this sale didn't show growth from that level, it did show that the market for the varied automobiles offered by Cox in Branson remains solid. Analyst Charles Stitzer made his way to Motley's Classic & Collector Car Auction on April 18, where 23 of 94 cars sold for a total of $312k. A lack of high-end consignments, combined with apparent glitches with the company's highly-advertised Internet bidding system, were to blame for the drop in numbers here, although Stitzer noted several bargains were there for the taking. Finally, Ferrari was Geoff Archer's source of inspiration in his recent report on eBay Motors activity, with both original examples as well as some that had gained (or lost) a few bits over the years rounding out his list. ♦ Top10 Sales This Issue (Land Auctions Only) 1. 1961 Ferrari 250 GT SWB California spyder, $10,894,400—RM, p.70 2. 1964 Ferrari 250 LM Sports racer, $6,979,225—RM, p.70 3. 1958 Ferrari 250 GT LWB California spyder, $3,659,838—RM, p.68 4. 1932 Bugatti 55 Super Sport roadster, $3,251,125—Bonhams, p.82 5. 1971 Ferrari 512 M Group 5 Prototype racer, $3,234,275—RM, p.72 6. 1967 Ferrari 275 GTB/4 coupe, $2,042,700—RM, p.72 7. 1962 Ferrari 250 GTL Lusso Competizione coupe, $1,702,250—RM, p. 70 8. 1971 Ferrari 365 GTS/4 Daytona spyder, $1,489,469—RM, p.72 9. 2004 Ferrari Enzo coupe, $1,319,244—RM, p.76 10. 1969 Ferrari 365 GTS spyder, $1,239,225—Bonhams, p.86 1. 1951 Ferrari 340 America, $889,813—RM, p.68 2. 1930 Alfa Romeo 6C 1750 Series IV Grand Sport spyder, $880,000— Worldwide, p.104 3. 1956 Mercedes-Benz 300SL Gullwing coupe, $557,225—Bonhams, p.82 4. 1940 Indian Sport Scout Bobber motorcycle, $52,650—B&B, p.118 5. 1975 Cadillac Eldorado convertible, $8,856—Motley's, p.92 Sports Car Market Best Buys

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RM Auctions Maranello, ITA Ferrari: Leggenda e Passione Watching Rob Myers and his crew reminded me that traditional European auction houses are soft and subtle, but RM is to-the-point Company RM Auctions Date May 18, 2008 Location Maranello, Italy Auctioneer Peter Bainbridge Automotive lots sold / offered 33 / 46 Sales rate 72% Sales total $43,313,751 High sale Heads were spinning as lot 328 soared to $10.9m, a world record at auction Report and photos by Jérôme Hardy Market opinions in italics R M Auctions returned to Maranello for its second almost all-Ferrari sale on May 18. This was RM's third sale in conjunction Maranello, ITA with Sotheby's, the second being the $38m soiree at Battersea Park, London, last Halloween. Like last year's Italian event, Ferrari lent its facilities in Maranello to the auction, including the Fiorano track beside the Corse Clienti department, and 72% of the 46 lots on offer traded hands for just over $43m. Watching Rob Myers and his crew reminded me how culture impacts business. While traditional European auction houses are soft and subtle, RM is to-the-point, and Myers was on the auction floor throughout the sale to help customers push their limits. European auctioneers usually let bidders proceed at their own pace, but gavelmaster Peter Bainbridge's style was forthright. “I am at $350,000. I am asking for $400,000. Who's with me?” Cars were driven out to the track in a constant flow. The thrilling sound of the Colombo V12 in a 1962 raceprepped GTL Lusso Competition screaming at 8,000 rpm was impossible to ignore, while the black 250 GT SWB California Spyder was more gently driven. The sheer speed of the pale blue Enzo was astonishing, while the roar of an old 166/195 berlinetta brought smiles to spectators' faces. At 1 pm the next day, the building had been trans- 66 1961 Ferrari 250 GT SWB California Spyder, sold at $10,894,400 Buyer's premium 10%, included in sold prices ($1.00 = €.6429) formed into an auditorium seating 500, with a stage on which all cars but the Formula One examples were run under their own power. The place was packed, with the front rows reserved for VIPs such as dealer Jacques Swaters, former Ferrari F1 principal Jean Todt, and current CEO Amedeo Felisa. After three hours of memorabilia, Myers and Max Girardo started on the cars. Things got really crazy around 5:30 pm, when the black 1961 250 SWB California owned for 25 years by actor James Coburn hit the stage. The high estimate was $5m, and it was reached through $250,000 increments in a couple of minutes thanks to six frenzied bidders. It took another couple minutes to hit $8m, and British media presenter Chris Evans got the final word at $10,894,400—double the estimate and a new world record a car sold at auction. The Competition Lusso I admired on the track brought $1.7m, the 250 LM sold at $7m, and a 512 M found new ownership at $3.2m. A stunning dark blue 275 GTB/4 sold for $2m, while the 340 America brought $890k. Surprisingly, the 1952 212 Inter, as well as one of the F1 cars that took Michael Schumacher to the championship in 2000, both failed to sell at bids of over $800k each. RM and Sotheby's managed nearly the same dollar Sales Totals results as they did in 2007, notching up $43.3m in sales as 33 of 46 cars found new homes. Last year, 32 of 33 cars sold for $45m, but the dollar has sunk 13% against the euro in the last twelve months, which means the picture is less rosy when viewed through European eyes. While dollar figures are about even, the euro total dropped from €33.3m last year to €27.7m this year. But for Americans, $43.3m is the number of dol- lars that changed hands, and it's hard to argue against anyone calling this a success. ♦ Sports Car Market $10m $20m $30m $40m $50m 2008 2007

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RM Auctions Maranello, ITA #333-1950 FERRARI 166/195 INTER coupe. S/N 0071S. Eng. # 0071S. Blue/off white vinyl. RHD. Odo: 82,509 km. Upgraded to 195 specs in period. Superb patina impossible to replicate. The recipe on how it was done: Buy an early Ferrari, race it every weekend, and do not fix the nicks and wear. Sell it, encouraging the new owner to do the same thing. 58 years, 15+ owners, and 250+ races later, you have 0071S. Body with dents every where. Plexi windows scratched, paint peeling by plaques, chrome dull. Interior is “barn-find,” but 0071S was at the Monaco Historic Grand Prix the prior weekend. Original parts such as glass included. Cond: 4-. SOLD AT $800,058. On one side, this car had no significant racing history, as it was always run by privates in “sub-class” races without significant results. On the other, this was a pure piece of history in the sense that Ferrari is all about racing, and this car had an in-your-face long racing history. An extremely good investment in the long run... just don't forget to race it. #310-1951 FERRARI 195 INTER coupe. S/N 0089S. Eng. # 0089S. Dark red & black/ dark red leather. RHD. Odo: 705 km. One of the few Ghia coupes built. Complete frame-off restoration to the highest standards in 2003, paint shows minor orange peel. Still concours condition but for the lightly scratched driver's glass and delaminating top rear window. Interior gorgeous, everything redone. Inside-plug engine bay detailed, undercarriage better than new. Participated in the 2006 Mille Miglia. Cond: 1-. SOLD AT $557,100. This sold close to its low estimate of $550k. This bumperless Ghia car in a classy two-tone color combination was a rally contender. It participated in the 1957 RomaLiege-Roma rally, and it would be accepted anywhere thanks to its original body and history. No risk, and a good buy at this price. #322-1951 FERRARI 340 AMERICA coupe. S/N 0150A. Eng. # 0150A. Dark red/cream & red cloth. RHD. Odo: 172 km. One of four Ghia-bodied 340 coupes out of a total of 25. Raced early and well with a 5th place finish in the 1952 Panamerica. Ground up restoration in the late '80s, Forza award at the FCA National Meeting in 2002. Excellent in 68 before delivery. Cond: 1. NOT SOLD AT $812,438. Last seen at Christie's Pebble Beach sale in August '98, where it sold at $288,500 (SCM# 8867). Here Bergman's “Growling baby” missed the low estimate by $200k. This early Pininfarina design included styling clues like an egg crate grill, long and low hood, and muscular fenders, all of which would become standard for Ferrari in later years. The Roberto Rossellini and Ingrid Bergman connection obviously added some value, and it was too bad it didn't find new ownership here. An-under-the-money bid. #309-1958 FERRARI 250 GT Ellena coupe. S/N 0819GT. Eng. # 0819GT. Dark red/tan leather. Odo: 6,781 miles. Frame-off restoration to concours standard in the '90s still shows well. Paint superb, with excellent panel fit. All chrome, glass, and rubber perfect, polished Borranis flawless. Interior retrimmed recently with new everything. Tripmaster and electrical cut-off used during five participations in the Mille Miglia by its German owner. Well done throughout. Cond: 1. SOLD AT $595,788. Last seen at the Tokyo Auction in every detail with show winning paint quality and panel finish. Lampredi engine rebuilt a few years back and still detailed. Complete history, all numbers match. Cond: 1. SOLD AT $889,813. Last seen at RM's Monterey sale in August '06, where it sold at $852,500 (SCM# 42671). Car was declared unsold on the block at $928,500, or half its low estimate of $2.3m. It then sold post-block at this price. This is an important car that participated in establishing the Ferrari name in America in the early '50s, and it was extremely well bought at this price. #326-1952 FERRARI 212 INTER EUROPA coupe. S/N 0265EU. Eng. # 0265EU. Black & silver/light brown vinyl. Odo: 58,280 km. Rotisserie restoration to the highest standard. Panels and fit perfect, chrome, glass, and rubber excellent. Interior redone in brown vinyl with black inserts. Offered as a wedding present by Roberto Rossellini to his wife Ingrid Bergman. 166 gearbox fitted in place of a 212 unit during restoration and is to be corrected March '92, where it failed to sell at $250,000 (SCM# 17942). Ellenas do not often come to the market, as only 50 were built and some were lost to the restoration of more expensive 250s. This one was exceptional throughout which should explain the high price. Well bought even at this price. #302-1958 FERRARI 250 GT PF coupe. S/N 1233GT. Eng. # 1233GT. Ferro Grigio/ burgundy leather. Odo: 34,070 km. Frame-off restoration from the '90s still looks excellent. Concours-quality paint with high gloss, panels perfect. Chrome redone to high level, with all trim and badges included. Painted prancing horse shields on front fenders, polished Borranis slightly marked, rear glass lightly scratched. Interior sumptuous with matching burgundy carpet. Original Voxson radio, gauges with haze. Engine bay correct and detailed, undercarriage done to a show level. An extremely nice car in attractive colors. Cond: 1-. SOLD AT $314,916. A very similar car—in both condition and color—sold for $324,765 at RM's London sale in October '07 (SCM# 48040), and another was sold by Bonhams at Gstaad in December '07 for $358,384 (SCM# 48102). I qualify this matching-numbers car as well bought as these are extremely classy and practical, if not sporty, and they represent Ferrari's first success in building touring cars. TOP 10 No. 3 #337-1958 FERRARI 250 GT LWB CALIFORNIA spyder. S/N 0923GT. Eng. # 0923GT. Rosso Rubino/tan leather. Odo: 70,245 miles. Number three of 50 LWB cars built. A covered headlight example with known history and many owners. Mechanically original and overhauled in 2006, restored in the late '90s to its current nonoriginal Rosso Rubino and tan configuration. Done to an excellent level all over, and ready Sports Car Market

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RM Auctions Maranello, ITA to be shown or enjoyed on the road. Cond: 1. SOLD AT $3,659,838. Sold under the low estimate of $4m. To be compared with the yellow '59 at Gooding's first-time Scottsdale sale that brought $3.3m in January (SCM# 48791), the black covered headlight '59 that sold at $4.45m at Gooding's Monterey sale in August '07 (SCM# 46559), and the alloy '59 that sold for $4.95m at RM Monterey in August '07 (SCM# 46249). In 2000, they were $1m cars, but they returned 20% per year over the past eight years. Well bought as long as the trend continues. See profile, p. 42. TOP 10 No. 1 #328-1961 FERRARI 250 GT SWB CALIFORNIA spyder. S/N 2377GT. Eng. # 2377GT. Black/black leather. Odo: 41,650 miles. Number 13 of 56 SWB Californias built, fitted with highly praised covered headlights. Black hue applied some years ago with swirling in most areas, some minor chips to hood. Delivered new to Belgium, sold in 1964 to actor James Coburn, who kept the car up to 1987 and had it repainted in different colors many times. A very nice example of the currently most admired Ferrari topless road car. Drives well, as shown on the Fiorano missed details include retrimmed dash top with some padding, non-original seat rails, and modern battery. A triple black car ready to be enjoyed, either by driving or show. Cond: 1-. SOLD AT $851,125. A mid-estimate result, and a record price by far for a Series II. Most prefer the California's sporty style, which accounts for the higher price (rarity adding). I feel that the Series II cabriolets are equally appealing, trading sport for elegance. Less than 200 remain, as some were used for spares for other more expensive 250 models. Maybe bought a little too soon, but prices will catch up. TOP 10 No. 7 #315-1962 FERRARI 250 GTL LUSSO Competizione coupe. S/N 4213GT. Eng. # 4213GT. Light gray & yellow/blue cloth. Odo: 16,973 km. The first production Lusso. Raced since day one by its first Belgium owner. Many owners and races since, fully rebuilt in 2004 to the highest racing standards with a reported 275 hp on tap. Exercised on the Fiorano track on the week TOP 10 No. 2 #339A-1964 FERRARI 250LM Sports racer. S/N 5845. Eng. # 5845. Dark red/gray cloth. RHD. One of 32 built. Although 5845 had a busy racing life, with numerous owners all over the world, many colors, and some transformation including windows, nose, and interior (as it had been used as a New York City commuter), it was able to keep its original key components, chassis, engine, and gearbox. The pinnacle of its racing history was a win at the Austrian Grand Prix in 1965. Today restored back to its original racing specifications, it is a well-sorted track prior to the auction. Cond: 1-. SOLD AT $10,894,400. Sold at twice the estimate through the most crazy bidding frenzy I have ever seen. There were at least six bidders fighting with $250,000 increments every five seconds up to $8m, when things started to cool off. This sale price was twice the money of the two LWBs sold in Monterey in '07: RM's alloy Le Mans racer at $4.95m (SCM# 46249), and Gooding's steel, covered-headlight '59 at $4.45m (SCM# 46559). Owners of those two cars are now all smiles. A great example of several people just needing to own it at any price—in this case a world record. See profile, p. 42. #338-1961 FERRARI 250 GT Series II cabriolet. S/N 2381GT. Eng. # 2381GT. Black/black canvas/black leather. Odo: 72,560 km. Number 112 out of 201. Complete frameoff rebuild to very high standards. Panel fit, glass, rubber, and brightwork better than new, complete engine overhaul, new soft top. A few end, and it sounds and behaves like a race car. Externally flawless in its Ecurie Francorchamps livery. Ready to be enjoyed without limitation. Cond: 1. SOLD AT $1,702,250. Sold well above the high estimate of $1.5m. The best way to beat SWBs on the track for half the price. If you were looking for a ready-to-go competitive classic matching-number berlinetta with known history, this was it. Well bought. #319-1963 FERRARI 250 GTL LUSSO coupe. S/N 5143GT. Eng. # 5143GT. Vernice Celeste/dark green leather. Odo: 29 km. Fresh out of a four-year money-no-issue rotisserie restoration by the best European specialists in each domain. Well done in every aspect from paint to custom dark green Connolly luggage. Complete known history, matching numbers, ready to drive or show. Provided with original handbook, example of a significant automobile. Cond: 2. SOLD AT $6,979,225. First seen at the Tokyo Auction in March '92, where it failed to sell at $1,424,000 (SCM# 13130), later seen at World Classic's Monterey sale in August '93, where it failed to sell again at $800k (SCM# 15334). 250LMs rarely appear on the market, and they're both attractive and historically significant, as well as welcome at all events. This was a late consignment, but it was a right car. 5845 is ready for the track, and all parties should be happy with the price. See profile, p. 42. #325-1966 FERRARI 275 GTS spyder. S/N 07655. Eng. # 07655. Rosso Chiaro/tan leather. Odo: 22,087 miles. Older high-quality repaint still showing well, panels and fit excellent. Original chrome, glass, and rubber all good, highly-polished Borranis unmarked. Original interior slightly scruffy but for the polished Nardi wheel. Carpet dirty, Becker Mexico sales brochures, and tool kit. Cond: 1. SOLD AT $1,174,553. In August '07, Steve McQueen's Lusso in similar #1 condition sold for $2.3m at Christie's Monterey sale (SCM# 46176). SCM contributor John Apen's profile of this car in the November '07 issue estimated that most of this money was McQueen related, while an excellent Lusso is worth $400,000. The market has sped up on these cars since then, with excellent cars bringing close to this number. $1.2m seems over the top today, but there will always be buyers for the best. 70 original radio fitted, trunk as new. Engine bay clean for a supposedly original 22k-mile car. Not a concours contender, but an excellent rally car. Cond: 2+. SOLD AT $595,788. One of 200 built. A slightly cleaner car in blue sold at Bonhams Gstaad in December '07 for $692,000 (SCM# 48109), but the price paid here was in line with this one's condition. The new owner shouldn't be afraid to use and enjoy it. A market correct result. #323-1967 FERRARI 206 GT coupe. S/N 00330. Eng. # 1390. Fly Yellow/black vinyl. Odo: 51,805 km. An early Dino with the 2-liter engine to escape Italian tax. Respray in yellow with good quality, chrome redone, glass OK. Cromodora wheels need refinishing, original interior is tired, pedal wear indicates more than 51,000 kms. Missing lower steering column Sports Car Market

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RM Auctions Maranello, ITA significant race history, but that's just until the next 512 comes to auction. Well bought for a car welcome to any racing event worldwide. See profile, p. 62. TOP 10 No. 8 cover with exposed wiring, non-original Nardi steering wheel fitted. Tach cloudy, engine bay clean but shows rusty exhaust. Cond: 2-. SOLD AT $178,736. This was plenty for a 206 in driver condition with unknown mechanics. I would recommend going with a more powerful 246 for this kind of money, albeit one in better condition. Just over the low estimate of $170k, but still well sold. TOP 10 No. 6 #327-1967 FERRARI 275 GTB/4 coupe. S/N 10017. Eng. # 10017. Dark blue/orange leather. Odo: 46,659 miles. One of 330. Internet-documented 2004 frameoff restoration to the highest standard back to its Maranello factory specs. 2007 First in Class at Ferrari 60th anniversary concours. Flawless in every aspect down to the SAFA battery and the original color combination. Complete history known. Cond: 1. SOLD AT $2,042,700. #311-1971 FERRARI 365 GTS/4 DAYTONA spyder. S/N 14415. Eng. # B1242. Black/black canvas/tan & black leather. Odo: 5,914 km. One of very few LHD examples of the 25 European-spec Daytona spyders built. Restored to high level in 1993 with an FCA Gold award at the 1998 Cavallino Classic. Still excellent but for some swirls on the black paint after too much polishing. Borranis flawless, interior as-new with rubber, and Cromodora wheels all excellent. Original leather interior clean and supple but for the sagging door panels and lightly soiled carpets. Described with 62,000 km in 1984, so therefore probably 125,398 kms today on the original engine. Underhood clean and tidy. Cond: 2. SOLD AT $161,714. The color here was a welcome change from the more common red found on other 246 GTs. Price was correct considering the potential cost of maintenance if the mileage was in fact over 100,000 km. Prices of Dino coupes in this condition seem to stay in the $150k–$180k range, so no risk and no harm here. #321-1973 FERRARI 246 GT Dino coupe. black carpets. Original Becker radio, leather wrapped steering wheel. Has a busy history with many owners as well as several resprays and retrims in various colors. Cond: 1-. SOLD AT $1,489,469. One of three topless black cars offered on the day. A 1971 yellow Daytona Spyder sold here last year for $1,410,750 (SCM# 45288), which was the record until Gooding's $2,035,000 sale of the last Daytona Spyder at its Pebble Beach sale in August '07 (SCM# 46550). A decent deal at mid-estimate money. See profile, p. 42. Sold $30k above the high estimate for a new 275 GTB/4 record price. A GTB/2 6C in steel in similar stunning condition sold at Bonhams Gstaad in December '07 for $1,072,628 (SCM# 48107), so one way to look at it is each additional camshaft costs $500k. Prices for these went crazy over the past twelve months, not unlike the Daytona did in late '80s. This one was just bought a little too soon; let's hope the music doesn't stop. See profile, p. 42. TOP 10 No. 5 #317-1971 FERRARI 512M Group 5 Prototype racer. S/N 1024. Eng. # 1024. Red/black cloth. Restored in 2004 in Florida and barely driven since. One of twelve 512Ms remaining of the reported 15 built. Clear history from new. A mythical model thanks to Steve McQueen's “Le Mans” movie in 1970. Extremely competitive back then and still competitive today. Cond: 2. SOLD AT $3,234,275. 512S s/n 1006 with a known better #336-1971 FERRARI 365 GTB/4 DAYTONA coupe. S/N 14345. Eng. # 1014B. Rosso Chiaro/tan leather. Odo: 20,298 km. European specification model. Not strong on originality, with some unknown ownership history, but nice on presentation. Originally Rosso Chiaro with black hides, well-executed restoration shows well. Panels and paint flawless, S/N 07186. Rosso Chiaro/black vinyl. RHD. Odo: 39,991 miles. Original unmolested RHD Dino as it left the factory in classic red and black. Factory paint still shiny with some orange peel, front bumper chrome scratched and wavy. Clean Cromodoras with new rubber, interior clean with new carpets. Engine bay spotless. Nice throughout. Cond: 2+. SOLD AT $170,225. Deservedly sold at mid-estimate for $10k more than Lot 301. Every auction in the past two years has had one or more Dinos (there were four in Maranello), and prices are now in the $150k–$200k bracket for good examples. #332-1973 FERRARI 246 GTS spyder. history (finished second at Daytona in 1971) was sold at RM's Monterey sale in August '05 for $1,947,000 (SCM# 39212) before being sold again by RM in Maranello last year for $3,500,000 (SCM# 45283). $3.2m may seem expensive for s/n 1024 today given its lack of 72 chrome, rubber, and glass as new but for marks on left side window. Unmarked Cromodoras, interior by Luppi excellent, engine bay detailed. Undercarriage very clean. $100,000 in restoration invoices. Tool kit included. Cond: 1-. SOLD AT $425,563. Less perfect than the blue car that sold for $396,477 at Gstaad in December '07 (SCM# 48114). With prices for 275 GTBs now regularly in the $1m range, there is an upward path for the star of the '80s. Market correct today. #301-1972 FERRARI 246 GT Dino coupe. S/N 03708. Red/camel leather. Odo: 25,398 km. Recent quality respray, panels straight and solid throughout. Chrome, glass, Sports Car Market S/N 06924. Eng. # 11235. Red/black vinyl. Odo: 63,172 km. A Dino with many past owners over the world and without much recent love. Originally yellow and thickly resprayed in red, chrome redone with rust popping through, Cromodoras scruffy. Some rubber seals deteriorated. Interior needs attention, with loose seats and sagging door panels. Period-correct Kenwood, steering wheel and pedal wear indicates engine has probably seen 163,172 km. Engine bay

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RM Auctions Maranello, ITA clean. Cond: 3+. SOLD AT $204,270. Sold mid-estimate. As with the 308, my preference beauty-wise goes to the Berlinetta rather than the Spyder, and only a 10% price difference between the two would show that others agree. The GTS traded in the $180k-$200k range last year, even for better examples. Well sold. #304-1973 FERRARI 365 GTB/4 DAYTONA coupe. S/N 16941. Eng. # B2824. Rosso Corsa/tan leather. Odo: 2,503 miles. Original untouched Texas car with certified original miles. Factory paint still shiny with no chips or dings but for two ugly half-inch holes in rear trunk, two Ferrari shields in front fenders, and two unattractive turning light repeaters on rear quarters. Chrome and glass excellent, some rubber hard to the touch. Interior slightly faded with some plastic protection still on sills. A “time #305-1979 FERRARI 512 BB coupe. S/N 28709. Eng. # F102B00468. Dino Blue & black/Tobacco & black leather. Odo: 45,675 km. An Italian car with two careful owners from new. Original blue paint with factory orange peel slightly scratched in places, no dents or dings. Glass excellent, Cromodora mags unmarked, engine bay clean. Interior nice, with to its 4-bar turbo boost, which makes 1,000 hp. Raced by Berger three times, but no podium. In cosmetically good condition. Mechanicals unknown. Cond: 1-. SOLD AT $383,006. Sold $100k below the low estimate of $470k. Aside from the Corse Clienti program, few events will welcome this still-too-young F1. Price paid was the entry ticket for many more tens of thousands required to race this beast. #330-1989 FERRARI F40 Valeo coupe. custom luggage set including bags hanging behind seats. An attractive automobile with clear history. Cond: 2. SOLD AT $195,759. Sold $25k over the top estimate of $170k. 512 BB prices have been sluggish over the past five years. While not especially user-friendly, these are fast and fun to drive, and this was a fair price in the current market for both parties. #220-1980 FERRARI PININ Prototypo 4- capsule” and not as nice as some newly restored ones, but fully original and offered with its original tool kit and books. Cond: 2+. NOT SOLD AT $433,300. On one hand, this was a true original car, but on the other, all parts, including rubber, leather, and carpet, are 35 years old and now in need of replacement. Recently rotisserie restored cars look nicer, as “show car” quality standards are somewhat higher today than they were at the Maranello factory in 1973. What's the price for originality for a non-historic (read no racing) 1973 Daytona coupe? This price was at least $50k light. #320-1976 FERRARI 512 BB coupe. S/N 21033. Eng. # 00071. Rosso Corsa/tan leather. Odo: 34,612 km. Respray from '97 still shiny with a few noted chips. Otherwise original and unmolested, but not particularly cared for. Some rust bubbling through bottom of doors, inside scruffy, with period-correct radio fitted. Undercarriage of a driver, engine bay no more 12-cyl BB 512 engine up front. Provided with complete marketing and technical historical files. Cond: 1-. SOLD AT $272,360. The first four-door Ferrari, and a working example of a unique piece of Pininfarina history, if not Ferrari, as it was rejected by the Ingegnere. Only two bidders were interested here, and both were in the room. It'll be worth a lot more if Ferrari decides one day to produce a luxury sedan. After all, who would have expected the Cayenne 20 years ago? Well bought. #343-1987 FERRARI F1/87 Formula 1 racer. S/N 099. Eng. # 77. Rosso Corsa/black cloth. One of six remaining cars used in '87. One of the most powerful F1 racers ever thanks than clean. Complete engine rebuild by Pozzi in 1996 at 24,000 km, belts and clutch recently changed again. Cond: 2-. SOLD AT $144,691. This car with 33,420 kms was sold at Gstaad in December '07 for $110,712 (SCM# 48097). With 1,200 km more and nothing done on the car, the price went up almost $34k. A fair price for a good driver, and as I was suggesting in December, the new owner should be able to use and enjoy it in the coming years and sell it at a profit down the line. 74 dr sedan. S/N 102200. Light gray/tan leather. Original one-off by Pininfarina acquired by Belgium dealer Jacques Swaters and displayed in his museum up to the sale. Beautiful design exercise of a luxury sedan inside and out. Turbine style alloy mags, tan Connolly everywhere inside. As new but for marked shift knob and replacement steering wheel. Fitted with S/N 79883. Red/black cloth. Odo: 17,986 km. Original specifications, but for the Valeo automatic clutch system. Built for Gianni Agnelli, the late Fiat leader, who commissioned the clutch-pedal-free system (as in some Mondials). He put 600 km on the car before it was sold. In Italy since new and is close to factory condition throughout. Cond: 1-. SOLD AT $646,855. Sold more or less for regular F40 “as-new” money. On one hand, it belonged to Gianni Agnelli—a key figure—but on the other, the Valeo system was probably not a strong asset for this race-designed car. Mid-estimate and market correct. #339-1991 FERRARI F40 coupe. S/N 89307. Eng. # 26506. Red/red cloth. Odo: 15,057 miles. Driven 15,000 miles at the beginning of its life, then restored in 1998 and unused since. Concours winner in as-new condition throughout. Cond: 1. SOLD AT $612,810. A very similar car sold for $515k at Mecum's St. Charles sale in October '07 (SCM# 47030). Most exchanged hands when new in the $600,000 range and up, so they have not been the best investment strategy. Storing new cars—even Ferraris—is rarely a good investment. Market correct today. (Photo: RM Auctions) #313-1990 FERRARI F40 Le Mans coupe. S/N ZFFGX34XOLOO88513. Eng. # F12OB008. Rosso Corsa/red cloth. Number three of the 19 cars produced for the IMSA LM series. A purpose-built race car that was never raced and barely driven. As-new condition and fully original with unmarked OZ wheels. A Sports Car Market

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RM Auctions Maranello, ITA monster and not for the faint of heart. Cond: 1-. NOT SOLD AT $1,392,750. A similar car sold for $650,000 in December '05 at Bonhams' Gstaad sale (SCM# 40218). Not easy to exercise, as there are few events accepting cars like this, but that may change in a few years. With that in mind, the seller may have been smart to keep this beast at the price bid. #308-1995 FERRARI 412 T2 Formula 1 racer. S/N 163. Eng. # 0443N52. Rosso Corsa/black. Driven by Jean Alesi and Gerhard Berger during the '95 season with no significant results. Now prepared by Ferrari for someone to join the Corse Clienti program. Provided factory and race-ready for the Clienti program. As-new throughout. Cond: 1. NOT SOLD AT $1,238,000. Ferrari has enjoyed a deserved and unprecedented F1 success over the past ten years. Everyone now seems to think that this is “business as usual” (as if winning the F1 constructor title could ever be “business as usual”) and that it will never stop. If in the next ten years Ferrari has lesser success, this car will look like a bargain. with all necessary equipment. Cond: 1-. NOT SOLD AT $619,000. The first of four Formula 1 cars offered. As with all of them, the challenge is to find the right event to exercise them. As a museum piece, it would be better to have a nice history to tell, but there was no strong history for s/n 163. #316-1997 FERRARI F310B Formula 1 racer. S/N 179. Eng. # 351. Red/black cloth & carbon fiber. Sold by Ferrari in 1999 and likely not raced since. This particular car, number eight of nine built, was driven by Schumacher and Irvine at the end of the '97 season with little success. Cleanly presented with no real issues, aside from light wear to interior. Cond: 1. SOLD AT $766,013. Sold at the low end of the estimate. This would documentation since new come with car. Cond: 1. NOT SOLD AT $201,175. A similar example in black sold for $186,000 at Bonhams' Gstaad sale in December 2007 (SCM# 43812), so it might be safe to assume that the bottom of the depreciation curve for the 550 Barchetta is around $200,000. This seller was looking for more, but it'll be a while before anything more than this bid is forthcoming. #341-2003 FERRARI ENZO coupe. S/N ZFFCZ56B000134955. Rosso Corsa/red leather. Odo: 6,778 km. One of 400, normally in red, black, silver or yellow. One Spanish owner since new, still looks unused throughout. 100% original but for the the signature of the #307-2001 FERRARI 550 BARCHETTA convertible. S/N ZFFZR52B000124124. Rosso Corsa/black & red leather. Odo: 202 km. Nice throughout. Delivered to Germany in 2001, every component virtually as new. No hard top, matching pair of red helmets and all brown leather. Odo: 2,762 km. As new and factory-original in every detail. Unique color combination of light blue with light brown interior suits the car very well and was exclusive to this example from new. Originally owned by a member of a Middle Eastern royal family. Cond: 1. SOLD AT $1,319,244. Three years ago the new Enzos were million-dollar cars, and today eBay and land auctions put them at about $1.3m. Well bought, as this car's appealing color combination makes it unique and gives it a story to tell. #329-2007 FERRARI F430 GT2 racer. S/ N F131EVOGT2462. Red & blue/black cloth. The 2007 Season winning GT2 championship car in very good cosmetic condition. Mechanics unknown, appears as-raced by Dirk Müller, Toni Vilander, Stéphane Ortelli, Gianmaria Bruni, and Mika Salo. Cond: 2. NOT SOLD AT $193,438. This was offered for sale right after the $10m 250 SWB California, and no one was listening. This bid was well under the $615k low estimate, and the car was certainly worth more. #306-2008 FERRARI 612 SCAGLIETTI coupe. S/N ZFFJY54B000158760. Cream & dark red/dark brown leather. Odo: 17,977 km. One of two Scagliettis used for an 8,000-mile public relation stretch across India in February 2008. Virtually as-new despite this trip on many rough roads. No chips or dings, equipped with 6-speed F1 box and steering wheel paddles. be well suited as a museum piece or as a track car, although it would need some recommissioning before being raced again. As a museum piece, this is an important car, as 1997 was the first year that the Ferrari dream team of Todt, Schumacher, Brawn, and Byrne worked together, and the F310B was their tool. Not a bad deal for a Formula 1 Ferrari collector at this price. #324-2000 FERRARI F1-2000 Formula 1 racer. S/N 198. Rosso Corsa/black cloth. The Brazilian Grand Prix winning car, used twice by Schumacher. Just rebuilt by the 76 workers who built the car under the trunk lid. Cond: 1. SOLD AT $1,191,575. It's hard to see any Enzo as run-of-the-mill, but this price was market correct for a regular red five-year-old example. A decent deal for both parties. TOP 10 No. 9 #318-2004 FERRARI ENZO coupe. S/N ZFFCZ56B000136085. Eng. # 86766. Matte Titanio 20 Gloss/light An easy way to be perceived as a wealthy car enthusiast who likes to travel across the world. Proceeds going to an Indian charity. Cond: 2. SOLD AT $340,450. The MSRP on a 612 is around $300,000, and 2008 cars on eBay are trading at about $250,000. Although this was a high price to pay for what was really just a used example, the proceeds went to a good cause, and the new owner has the ultimate conversation piece with good history. A decent deal on a Ferrari-maintained example. ♦ Sports Car Market

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Bonhams Monte Carlo, MCO Les Grandes Marques à Monaco As I scanned the entries from the roof of the museum, it was hard not to find an excuse to buy something among the 78 lots Company Bonhams Date May 10, 2008 Location Monte Carlo, Monaco Auctioneer James Knight Automotive lots sold / offered 50 / 78 Sales rate 64% Sales total $12,724,772 High sale 1932 Bugatti Type 55 Super Sport roadster, sold at $3,251,125 Buyer's premium Bonhams achieved its best Monaco result, with $12.7m sold Report and photos by Jérôme Hardy Market opinions in italics T he Monaco Historic Grand Prix that takes place every other year in mid-May is now a well-established worldwide event. Enthusiasts can watch 235 vintage racers, ranging from a 1925 Bugatti Type 35B to a 1978 Ferrari 312 T3, sharing the convoluted Formula One street circuit over a two-day weekend. Sunday, May 11, saw the racers driven in hard historic competition by owners from America, Australia, Japan, and Europe. Such a setting pretty much guarantees a classic car auction heavily weighted to performance and race cars, and the Prince's Museum welcomed Bonhams and its “Les Grandes Marques à Monaco” auction on the Saturday of race weekend. Accordingly, Matthieu Lamoure and his French team, supported by the usual London crew, had secured more than 20 track or rally cars for the sale. These included a fully prepared white 1937 BMW 328, which sold for $685,100, a 1983 Lancia 037 Stradale in as-new condition for $190,728, a 1985 Audi Quattro SWB “Series 200” coupe for $160,425, and a 1973 Porsche RSR, fully rebuilt, which did not sell at a high bid of $620,000. As bidders filled the museum, engines roared out- side on qualifying laps. Auctioneer James Knight's first automobile lot, a red 1966 Honda S600/800, exceeded its high estimate by 25% when it reached $42,780. A few minutes later, the obligatory early Ferrari Spyder 78 Monte Carlo, MCO 15% on the first $232,500, 10% thereafter, included in sold prices ($1.00 =€.6433) in the form of a black 1966 365 GTS topped its high estimate at $1.2m. It had obviously been thoroughly enjoyed on the road over the years, as the tripmaster and trunk-mounted sound system testified. The star of the sale was a 1935 Bugatti Type 35 Super Sport roadster, and with its supercharger and the right patina, it required $3.2m to find a new home in the U.K. By 6 pm, 50 cars had changed hands. As I scanned the entries from the roof of the museum several days earlier, it was hard not to find an excuse to buy something among the lots for sale. How about a supercar from the '80s? Maybe a roadster or a convertible? Possibly a coupe or limousine? Motorbikes? Red? Blue? Gray? Yellow? Any color? Prices ranged from $20,000 to $3.2m, which was quite a stretch for only 78 cars. One of the many interesting lots available was a 1944 Volkswagen Schwimmwagen amphibious vehicle, which had been in single-family ownership since it was first registered in Italy in 1947. Complete with a functional retractable propeller, it wore an older restoration, and it sold to a new owner at $231,725 (see the German Profile, p. 54). In the end, 50 cars were sold for a total of $12.7m—a $4.6m increase over last year's $8.1m from 64 cars. Seven additional cars sold in the few hours following the auction, and surprisingly, considering the surroundings, the race or rally cars were not the most successful of the group in terms of price—but that's a tricky market with widely differing expectations between buyers and sellers. ♦ Sales Totals $3m $6m $9m $12m $15m 2008 2007 2006 2005 2004 2003 2002 Sports Car Market

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Bonhams Monte Carlo, MCO ENGLISH #173-1953 ASTON MARTIN DB2 Vantage coupe. S/N LML50402. Eng. # VB6E501234. Green/beige & red leather. RHD. Odo: 27,570 km. Rotisserie restoration to the highest level completed over the past two years, and not on the road since. Concours detail work inside and out, dash stunning with jewel-like gauges and switches. Matching-numbers engine bay clean that will never have the grace of a coupe or convertible. Well sold. #178-1963 JAGUAR XKE SI 3.8 convert- enhance gray interior. Engine bay spotless, undercarriage as new. Stainless exhaust. Cond: 1-. SOLD AT $267,375. With prices of Ferrari 250 GT convertibles above $500k (including the PF Series II that sold for $851k at RM Maranello, see page 70), this was a good buy at half the price. and correct, undercarriage as-new. A gorgeous example of an earlier Aston in a good color combination. Cond: 1. SOLD AT $249,550. A record price for a DB2 coupe, which was above the $235k high estimate thanks to its mint condition, and it was still half the price of a similar-looking Ghia Ferrari of the era. We should see more DB2s being restored in the coming years if this trend continues. #160-1957 JAGUAR XK 150 convertible. S/N S837100BW. Silver gray/black canvas/red leather. Odo: 61,252 km. Restored to a high standard in the late '80s and well maintained since, although now showing its age. Paint and brightwork still very good, soft top cover mint, top itself in bad shape. Chrome wires #110-1961 ASTON MARTIN DB4 Competition coupe. S/N DB4622R. Eng. # 370636. Silver & green/green leather. Odo: 1,461 km. Road car converted to gentlemen racing specs in the late '90s. Well crafted and still good looking, with quality paint starting to crack in places. Plexi windows, roll cage, fuel cell in trunk. All appropriate racing safety equipment installed. Cond: 2. NOT SOLD AT $217,000. ible. S/N 878821. Ivory/black canvas/black leather. Odo: 71,871 km. A one-owner original French convertible produced in February 1963. Originally Tudor Gray, repainted Ivory in 1971, engine restored in 2003. Otherwise original and showing its 45 years. Panels and chassis look mostly rust-free, chrome dull, glass hazed, leather dry and beyond the Leatherique stage. Dash dirty, canvas top dry, all four wire wheels rusty. Original radio, steering wheel has huge play. Engine bay clean, undercarriage of an extensively used driver. Cond: 4+. SOLD AT $67,735. An earlier E-type with its classy body, aluminum center dash, uncomfortable bucket seat, and original radio. As such, a valuable piece, but as is, it'll need some work before being driven again. Needed a total restoration, which will take the new owner close to the $150,000 price of a nice example. This car missed the low estimate by $30k. The cost of building this car was probably at the level of the estimates, so you could either buy it as-is and enjoy now or get the project done to your own specifications and drive in 2010. Mechanical condition was unknown, which has a significant impact on deserved value. A car like this would open the gate to many events such as Tour Auto, but this bid wasn't enough to get the job done. #109-1962 BENTLEY S3 CONTINENTAL clean but for two huge dings on both rears. Interior clean with red carpet, seat stitching cut in places. Racing harnesses, aftermarket radio, non-original steering wheel. Mechanicals redone recently with new shocks and stainless steel exhaust. Not a show car, but a nice driver. Cond: 3+. SOLD AT $98,038. XK 150s lost in grace what they gained in comfort, and this one sold for the right price for its condition. #125-1959 ASTON MARTIN DB Mk III convertible. S/N AM30031808. Ocean Blue/ black vinyl/gray leather. RHD. Odo: 14,611 miles. One of 84, history clear through only three owners. Restored to a high standard in the mid '90s and still showing very well thanks to very little if any use since then. Paint and panel fit excellent, rubber largely original and dry in places. Glass and chrome excellent, dash superb with nice wood wheel. Blue carpets 80 Flying Spur saloon. S/N BC44LXA. Burgundy/ burgundy leather. Odo: 70,529 km. One of 18 Mulliner saloons in LHD. Unrestored 70,000km car looking fabulous in burgundy livery. Paint still very good, chrome likely protected from new if not redone. Front seats redone, rear FRENCH #136-1931 DELAGE D8 Four-Seater sports tourer. S/N 34785. Eng. # 1474. RAF blue/light brown canvas/dark brown crocodile hide. RHD. Odo: 25,307 miles. An imposing Chapron design with high and long hood and minimalist windshield. 1965 restoration now showing its age. Belonged to Delage collector G. Milligen for 41 years, and it seems to have covered 25,000 miles in the past four years. Paint faded and cracked, brightwork needs freshening. Canvas top clean, interior dirty but bench original with nice patina. Period radio, wood cracked on dash, beautiful Bakelite thin steering wheel. A status statement car. Cond: 1-. SOLD AT $267,375. Sold above the high estimate of $250k for a new record. A nice car, but this price was high for a 4-door saloon brown crocodile hides still supple. Flawless dash, engine bay clean. Fitted with 4-carb “D8S” setup and a Victoire Lalique mascot since last acquisition in 2004. Cond: 3. SOLD AT $480,500. Sold at Bonhams Sussex in 2004 for $178,891 (SCM# 35061). Since then, a few modifications had been completed (including the D8S setup and retrimmed croc seats) and it had been used extensively. Under the low estimate of $510k, and a fair price for one of the best pre-war cars available at the time. Sports Car Market

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Bonhams Monte Carlo, MCO TOP 10 No. 4 #147-1932 BUGATTI 55 SUPER SPORT roadster. S/N 55208. Eng. # 12. French Blue & black/black leather. RHD. Odo: 210 km. One of 38 Bugatti 55 Super Sports built between 1932 and 1935. Known history, body from 55218 fitted during a late 1950s restoration, chassis retains all its original components. Patina from careful enjoyment over many years. Paint slightly dull with some nicks, brightwork clean as expected on a maintained driver. Beige top cover scruffy. Interior very nice, with perfect dash and patina to seats. Recently refurbished engine bay spotless. Cond: 2-. SOLD AT $3,251,125. One of the most subtle sports car designs of the 1930s over the most advanced chassis, with known history and no more work needed. 55208 was acquired in February 2003 at Christie's Paris sale, where it sold at $1.8m (SCM# 30373), with that purchase followed by a complete mechanical overhaul. Well bought today. #135-1994 BUGATTI EB110 GT coupe. S/N ZA9AB01EOPCD39052. Silver gray/silver gray leather. Odo: 15,400 km. One of only 154 built over two years of production. As-new condition but for a few stone chips up front. Interior perfectly maintained with Nardi steering wheel and Nakamichi stereo. Engine bay clean. Cond: 1-. SOLD AT $315,115. The same car was a no-sale here in 2006 at $229,500 (SCM# 41926). Two years later, with no change to the car, the hammer price shows a 10% annual return. A very similar “as-new” car sold here last year for $259,200 (SCM# 45708). This could be compared with a no-sale for the Ferrari equivalent F50 at $696k the following weekend at RM Maranello. Both cars were about the same price when new—around $500k—and both had 550 hp on tap. I'd call this market correct. GERMAN #159-1935 MERCEDES-BENZ 200 W21 40hp landaulet. S/N 138908. Black/black leather & ash cloth. Odo: 12,706 km. Believed unique landaulet bodywork on a 200 chassis. Known history, restored to the highest standards 82 cylinder, well supported by the advanced-forits-time chassis. All original equipment such as seats, windshield, and wheels are provided, allowing it to be retrofitted to a rally or show car. Cond: 2+. SOLD AT $685,100. The 328 was BMW's first successful rally car, using hemispherical heads and a lightweight stiff chassis. This was a world record for a 328, and although it was expensive, the car was worth it. Well bought. #163-1944 VOLKSWAGEN SCHWIMMWAGEN Amphibious convertible. S/N 14133. Tan/tan canvas. Odo: 5,801 km. One of around 14,000 built, with a lot fewer remaining as most were written off during WWII. Fully restored in 1994, which should not have cost too much based on the ruggedness of this 4x4 car/boat. More modern 1,300-cc engine fitted. Every surface but the seat simply heavily painted. Ready to drive or float—slowly in both cases. Cond: 2. SOLD AT $231,725. Sold above the high estimate of $190k. I can understand spending $70k or so to arrive at Villa d'Este Concorso d'Eleganza on Lago di Como in a fun-looking red and white Amphicar, but I can hardly imagine someone arriving in in 1993 and still looking concours after 12,700 km. All details excellent, using the best possible materials. Burgundy painted wire wheels, engine bay and undercarriage spotless. Cond: 1. SOLD AT $231,725. This was one of the few cars to sell above its high estimate, which in this case was $190k. The 1935 2.0-liter 40-hp engine will limit your speed to about 60 mph, therefore making this car best suited as either a museum or show piece, which the perfect condition allows. A rather inexpensive entry ticket to Villa d'Este, Pebble Beach, and others, and therefore well bought. #134-1937 BMW 328 roadster. S/N 85075. Eng. # 85075. White/black vinyl. Odo: 21,171 km. One of about 200 remaining, original history unknown. Restored with bolt-on racing parts a few years ago, participated in most European classics since, still in mint condition in white livery. Equipped with roll bar and all safety equipment, propelled by tuned 135-hp 6- a $230k military-spec VW Schimmwagen with the WWII images it would carry. Well sold, but go find another in this condition. See profile, p. 54. #153-1956 MERCEDES-BENZ 300SL Gullwing coupe. S/N 1980406500274. Eng. # 19898010002868. Silver gray/ dark brown leather. Odo: 52,313 km. One of 1,400 examples built between 1954 and 1957. History known with limited number of owners. Partly original with certified km, still in mint condition inside and out. Silver paint glossy and without nicks, chrome excellent, rubber dry in places. Steel wheels with correct hubcaps flawless. Interior shows a very nice patina, engine bay spotless. An excellent car in a classic color combination. Cond: 1-. SOLD AT $557,225. 300SL design and build quality had a ten year advance on contemporary Ferraris, which was the reason why they sold comparatively like hot cakes. This car was mostly original, with known history and extremely sharp looks, and it was well bought at mid-estimate money. #152-1969 MERCEDES-BENZ 600 sa- loon. S/N 10001212001229. Dark gray/black leather. Odo: 3,200 km. One of 2,190 M-B 600s on the SWB chassis built between 1963 and 1981. Known history with few owners, 103,200 km certified. Original unrestored car, with paint, brightwork, and glass nice throughout. U.S. headlights, sunroof, a/c, and original radio. Interior with nice patina, engine bay clean. A carefully maintained, imposing automobile. Cond: 1-. SOLD AT $76,648. These cars are actually very quick despite their Sports Car Market

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Bonhams Monte Carlo, MCO size, and I've been told the engine is seriously underrated at 250 hp. The cost of maintenance of these hydraulically-actuated cars can be daunting, so you'd better buy a good one, and this one looked like a good one. Expensive to buy, hopefully cheap to maintain. A good buy as long as no mechanical issues surface. #104-1972 MERCEDES-BENZ 280SE 3.5 convertible. S/N 11102712003841. Gray metallic/black canvas/Petrol Blue leather. Odo: 9,003 km. One-owner car bought new by Italian baritone Tito Gobbi. Original, never restored, offered for sale by his daughter. Flawless paint, chrome excellent, rubber dry in most places. Interior superb but for cracked wood dash-top. Fitted with a/c, pw, and Becker radio. Engine and undercarriage bay clean. Delivered with 35 pre-sale estimate of $230k. 250 GTEs are now a common sight at top-notch auctions, and their prices follow the same rising trend seen with early Ferraris. The restoration cost on this one was probably close to the final bid. Well bought at this price. wheels, and interior. Engine bay very clean. A fun and unique car to race. Cond: 2. SOLD AT $160,425. A shortened 200-hp Quattro coupe with fender flares built for racing. The best Quattro coupe in the world should not go for more than $40k, so why pay $120k more while losing 12 inches in length? An interesting racer, but well sold at mid-estimate money. years of paperwork, from its Italian warranty sheet and owner's manual to maintenance invoices. Cond: 2+. SOLD AT $213,900. MBs were among the best manufactured cars in the '70s, and the 280SE 3.5 was the top of the line. This car was a tribute to the quality of the building standards and choice of materials. 35 years old, 109,000 km at least, no restoration work, and still it looked as-new. Crystalclear history and originality with all the right options. Well bought. #164-1973 PORSCHE 911 RSR 2.8 Competition coupe. S/N 9113601159. White & orange/black cloth. Successfully raced from '73 to '75 by Italian GT Champion Ennio Bonomelli. Has seen many engines, gearboxes, body panels, and seats. Completely rebuilt in 2006 to its factory original specification in 1973 Gulf livery. 300-hp twin-plug 2.8-liter mechanical injection engine unused since. Asnew. Scheduled to participate in the 2008 Le Mans Classic. Registered for the road, delivered with a thick file of original competition history and resto receipts. Cond: 1-. NOT SOLD AT $620,000. Missed the low estimate by $30k. An out-of-the-box, ready-to-race, competitive automobile with racing history. Although prices for this kind of rally/track car have skyrocketed in recent years, it really should have sold at this price. 84 and in need of refinishing. Passenger Plexi side window scratched, minimalist interior redone recently. Engine bay clean, undercarriage of a driver. A nice grand tourer, if slightly dull in design and color. Cond: 2+. NOT SOLD AT $589,000. This one missed the over-optimistic low estimate of $750k by $150k. A better looking 1951 195 Inter with some racing history sold the following week at $557k at RM's Maranello sale (see page 68), and with that in mind, this should have sold at the high bid as well. #168-1963 FERRARI 250 GTE 2+2 SIII coupe. S/N 4397. Black/cream leather. Odo: 37,886 km. Rotisserie restoration to the highest level between 2001 and 2005, and not on the road since. Stunning in its black and cream livery with no issues to speak of. Even the spare wheel is a new polished Borrani. No radio, engine bay detailed and correct. Delivered with complete tool kit and original owner's guide. Cond: 1. SOLD AT $267,375. Sold above the Sports Car Market ITALIAN #142-1951 FERRARI 212 INTER coupe. S/N 0189EL. Eng. # 0189EL. Silver gray/gray & blue cloth. RHD. Odo: 1,557 km. Number 25 of 35 Ferraris built by Ghia. Complete known nonsignificant history, matching numbers. Restored to a good level in 1988 and now showing its age. High quality paint and panels still good and shiny but a few dings, most brightwork hazed #167-1964 FERRARI 275 GTB Competition coupe. S/N 06695. Eng. # 100148. Rosso Corsa/black leather. A gardenvariety 275 GTB presented at the NYC auto show in April 1965, then converted to a race car by Roelofs in the '90s. Fitted with an alloy body, roll cage, harnesses, wide magnesium wheels, and a non-original restamped Tipo 213 engine rebuilt in '04. Participated in the #116-1985 AUDI QUATTRO SWB Series 200 sport coupe. S/N WAUZZZ85ZEA905075. Red/black leather & velour. Odo: 79,516 km. One of 200 road cars built to allow Group B homologation by the FIA. Still very clean with original km on the odometer. Nice paint, white Le Mans Classic in 2006, today in very good cosmetic condition. Paint very good, Plexi side glass clear, engine bay detailed. Cond: 2. NOT SOLD AT $961,000. Missed the low estimate by $40k. Had it been kept in original condition, this would have been a $1m+ car with the other GTB2s. Had it been a true alloy body GTB2, $2m+ would not surprise. As a very well executed bitsa, it is not much more than a replica, and no one wanted to commit. It should have gone at the high bid. #126-1966 MASERATI MISTRAL 4000 spyder. S/N AM109S1641. Light blue/orange leather. Odo: 70,871 miles. One of 123 spyders, and one of a handful with the 4.0-liter engine. History crystal clear from first American owner to complete show-level rotisserie restoration initiated in 2004. Paint perfect with a high gloss on well sorted panels. Chrome, glass, and rubber all perfect, highly polished Borranis nice. Interior sumptuous, with orange leather and matching carpet. Original radio, engine

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Glovebox Notes A brief look at cars of interest that have passed through the SCM stable. HHHHH is best. 2008 Saturn Vue Green Line Hybrid bay fully detailed, undercarriage as-new. A perfectly restored example of a better-in-person design. Cond: 1-. SOLD AT $369,675. $100,000 more than a close-to-perfect 3.7liter spyder that sold at $263,150 at Bonhams Gstaad six months earlier (SCM# 48094). The market is up for topless GTs, and although this was expensive today, it might look market correct in six months. A best buy next year? See profile, p. 52. TOP 10 No. 10 Price as tested: $24,795 Likes: Attractive styling much more appealing than previous gen. Ease of ingress / egress. Good handling for its size. Adequate cabin space and good visibility. 2.4L, 172-hp hybrid power promises improved fuel economy of 25 mpg to 32 mpg. Gripes: Cheapie interior with blah driver's seat back comfort and marginal elbow padding in center console. Gutless acceleration, from just about any speed. Disappointing 22.1 mpg seen over week of mixed driving. Fun to drive: HH Fun to look at: HHH Overall experience: HH Verdict: I like the looks of the new Vue, and I applaud Saturn for turning it green, but there's work to be done if they hope to match the sophistication of the Ford and Toyota units. The electric motor provides minimal assistance, and though 22 mpg is more than a standard Vue, it's not enough.—Stefan Lombard 2009 Acura TSX /Tech #108-1969 FERRARI 365 GTS spyder. S/N 12269. Black/black canvas/pale sage green leather. Odo: 64,406 km. 1998 restoration now showing its age. Paint has lost its crispness, with scratches and small dings throughout. Headlight glass nicked, chrome decent, Borranis need refinishing and a new set of correct tires. Interior nicely done with its Becker Mexico radio, completed by trunk-hidden #105-1971 FERRARI 365 GTB/4 DAYTONA coupe. S/N 14753. Dark blue/ black leather. Odo: 1,174 km. A U.S.-delivered car converted to European specifications during its high-standard although not frame-off restoration in 2007. Gauges in kmh, rear turn-signal repeater removed. Body excellent with showquality paint and panel fit. Chrome and rubber all redone, one front turn signal cracked, glass slightly scratched in places. Fitted with four perfect polished Borranis. Interior restored to excellent level but for the non-original leatherwrapped Momo steering wheel. New stainless steel exhaust. Cond: 1-. SOLD AT $366,265. Sold at the top of the estimate. Market-correct for a fully restored Daytona with unknown history, not much originality, and with no story to tell. contemporary sound system. Tripmaster, map light, harnesses, and fire extinguisher explain why the car looks like a driver. Used-car engine bay, dirty undercarriage. Cond: 3+. SOLD AT $1,239,225. One of 20. The 365 was the most powerful and the last “traditional” Spyder before the more modern-looking Daytona. This was expensive compared to a similar 275 or 330 GTS, and although prices are up, this can still be considered well sold. #106-1970 FIAT DINO 2400 spider. S/N 135BS0001223. Light yellow/black leather. Odo: 86,474 km. Rotisserie restoration to the highest original levels in 2006, virtually unused since. Paint, body panels, and brightwork excellent, rubber and glass superb, engine bay spotless. Cromodoras as new. A fantastically restored car but for the challenging love-it-orhate-it color. Cond: 1. SOLD AT $124,775. Price as tested: $32,060 Likes: 201-hp 2.4L iVTEC 4-cylinder revs happily and pulls well from 4,000 rpm. Attractive cabin with leather and quality plastic. Good visibility and excellent, simple navigation system. Gripes: Torque steer. Feels heavy, with pushy front end. Awkward styling that gets downright ungainly above the wheels. Rear headrest blindspots. Fussy dash. Thirsty, but what fun 200-hp car isn't? Fun to drive: HHH Fun to look at: HH Overall experience: HHH Verdict: The TSX delivers surprising power from its small engine, but the exterior styling kills it for me. There is nothing distinct about this car and for my money, I'll take a loaded Accord V6.—SL 86 #177-1972 FERRARI 365 GTS/4 DAYTONA NART spyder. S/N 16467. Red/ beige canvas/black & brown leather. Odo: 5,794 miles. A one-off built by Michelotti on a wrecked Daytona Spyder, with the end result an acquired taste. Factory red paint without dings or nicks, no brightwork whatsoever, Borranis marked. Interior looks like a Datsun-based The Bertone-designed Dino 2400 coupe is challenged in the looks department, and fortunately the Pininfarina convertible is better balanced... although it's still an acquired taste, as interior appointments are very 1970s Fiat. This was a record price for a Dino convertible, but it probably barely recovered the cost of restoration. Too soon? On the other hand, you don't get much with $125,000 these days, and this was a lot of car with its Ferrari-designed V6 engine. replica, but is clean. Engine bay as-new. Cond: 2. NOT SOLD AT $651,000. First seen at eBay/Kruse's Taj Mahal sale in Atlantic City in February '02, where it was not sold at a high bid of $400,000 (SCM# 27149). Seen again at RM's Amelia Island sale in March '07, where it sold for $385,000 in 4+ condition (SCM# 44639). 14 months later, after some detailing, the owner is seeking a 100% mark-up. Topless Ferrari prices are up, but they do not necessarily double every year. $650k should have been enough. #111-1974 ALFA ROMEO 2000 GTC Group 1 coupe. S/N 2428889. White/black vinyl. Odo: 52,342 km. Hillclimb raced when new by South of France Alfa dealer and pilot Fernand Masoero. Victory at the '72, '73 and '76 Ventoux hillclimb in Group 1 (unmodified). Aside from this, a 1972 Bertone coupe with roll cage and a few racing details. Fully restored two years ago and in superb condition throughout. New paint and chrome, steel wheels with Sports Car Market

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Glovebox Notes 2008 Honda CR-V EX-L Navi A brief look at cars of interest that have passed through the SCM stable. HHHHH is best. 40% above high estimate of $110k. This same car sold in May '01 for $65,267 at Bonhams & Brooks' Monaco sale (SCM# 23590). This was expensive for a Khasmin, but this car was basically new inside and out, and that always brings a premium. #171-1986 LAMBORGHINI JALPA P350 Price as tested: $29,035 Likes: Smart 2.4L iVTEC 4-cylinder feels bigger than 166 hp on flat ground; comfortable seats with excellent positioning. Solid, quiet road presence with good handling. Ample cargo room. Attractive shape. Smart “kid watch” mirror in overhead console. Gripes: Rear visibility could be better. Engine feels smaller than 166-hp on any incline. Fun to drive: HHH Fun to look at: HHH Overall experience: HHH Verdict: It looks like a Honda, rides like a Honda, and works like a Honda, which means you could live happily—and cheaply—with it for a long time. Though ultimately underpowered, even the AWD model gets decent fuel economy, returning 27 mpg highway.—Stefan Lombard 2008 Lexus GS460 sedan no hubcaps, interior as-new with correct seat material and pattern. Original dash with good wood, Momo wheel fitted. Engine bay clean, undercarriage as new. Cond: 1-. NOT SOLD AT $55,800. Bid $7k shy of the low estimate. A very good GTV goes for $30k. Add $10k for a race-prepped engine and the roll cage and you're still shy of the estimate, although you don't have the racing history, which was apparently worth $20k on this car. Historical hillclimbs are not yet in favor... at least not enough for a buyer to pay up here. #128-1976 MASERATI BORA 4.7 coupe. S/N AM117818. Red/black leather. Odo: 9,925 km. One of 571 built from '71 to '78. Restored some years ago. Paint and panels still good, some dry rubber, stainless steel roof scratched in places. Mags lightly marked with clean chrome hubcaps. Interior tidy and richly appointed with aircraft-like dash and targa. S/N ZA9J00000ELA12156. Red/cream leather. Odo: 8,563 km. One of 419. A typical design from the mid-'80s in regards to Bertone's edge shape and bolt-on aerodynamics package, which consisted of fender flares, skirts, and chin spoilers. Out of taste today. A welldesigned automobile with a modern 3.5-liter V8 and 255 hp, targa top, and well appointed interior. Fitted with a/c and nice OZ wheels. As-new in and out with certified km. Cond: 1-. SOLD AT $57,040. If you like driving more than looking at your car, this was an opportunity to acquire a piece of Italian engineering for not a lot of money. This car sold in October '06 at Sportscar Geneva for $49,300 with 3,000 fewer clicks on the odometer and some noticeable seat marks (SCM# 43276). The seller had cleaned up the seats, which helped it bring a mid-estimate price here. JAPANESE #103-1966 HONDA S600/800 convertible. Price as tested: $59,318 Likes: Immensely capable grand routier, easy to drive fast, comfortable and predictable. 4.6-liter V8 finally delivers adequate 342 hp, and 5.4 seconds 0–60 mph; 8-speed auto trans helps keep highway mileage in mid-20s. 5door shape creates big trunk, spacious back seat. Mark Levinson stereo, heated and cooled seats, speed-sensitive steering. Gripes: Silly retractable switch panel for mirrors etc. Navigation system not intuitive, stubborn humpback body design is insufficiently elegant for this class of car. Fun to drive: HHHH Fun to look at: HH Overall experience: HHH Verdict: Improvement over show car that started this shape back in 2001 or 2002 but still basically a Chrysler Airflow. Undoubtedly good value but will always have to be explained, like sensible shoes.—Paul Duchene deep buckets over clean gray carpet. Engine bay clean. The highway business jet of its era. Cond: 2. SOLD AT $124,775. Sold at the top of the estimate. The demand is currently low on '70s mid-engine supercars such as the 512 BB, Countach, and Bora, unlike in the late '80s, when a garden-variety 512 BB could bring $300k. This will likely change at some point, and in the meantime, this one was well sold at a similar-condition 512 BB price. #180-1982 MASERATI KHASMIN coupe. S/N AM120504. Black/cream leather. Odo: 1,299 km. One of 430. Three owners including Qatar royalty, original km, as-new throughout. Not driven in the past ten years or so. Factory paint flawless, chrome excellent, interior as new. Campagnolos unmarked, engine bay clean. A unique opportunity to acquire an original two-seat grand tourer in a classy color combination. Cond: 1-. SOLD AT $160,425. Sold S/N A52851008951. Red/black vinyl/black vinyl. RHD. Odo: 2,583 miles. One of 500 S600s built with the 800-cc engine. Never restored. As-new condition in and out commensurate with the miles, aside from one missing hubcap and non-original battery. Original radio. Nice 3-spoke Nardi-like steering wheel with appropriate 10,000-rpm redline tach. A smallish convertible or a 4-wheel motorbike. Cond: 1-. SOLD AT $42,780. The first car of the auction, and sold 50% above its high estimate and at twice recent prices of S800s. S600/S800s are important in the sense that they are the first performance-oriented cars from Japan sold in Europe, and this one was mint externally, delivered with tool kit, owner's manual, and sales brochure. Expensive for such a small car, but it will be welcome in many rallies... although increasing the mileage will affect its resale price. ♦ 88 Sports Car Market

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Motley's Auction Richmond, VA Classic & Collector Car Auction Although the same ingredients from last year's successful event were again used, this year's auction fell short of expectations Report and photos by Charles Stitzer Market opinions in italics D edicated SCMers may remember the 2007 Motley's Exotic & Collector Car Auction held last March, when company principal Mark Motley hit a home run on his first attempt at a collector car event. That particular sale's success was due in large part to the Eastern District U.S. Marshals consigning several high-profile automobiles seized from a local Ponzi scheme operator. Motley's stars were in perfect alignment for that event; the press, the new location, the still-booming economy, a handful of hopeful consignments from local collectors, and the participation of regional dealers all converged in an event that resulted in a spectacular $2.5m total. Buoyed by that initial success, Motley sought to make lightning strike twice, when he opened the bidding for his second collector car sale on April 18. While many of the same ingredients from last year's success- ful event were again used, this year's auction did not rise to meet expectations. Motley's knowledgeable and professional sales staff and good support from local collectors and regional dealers were both in place, and there were even a few seized cars provided by the U.S. Marshals Service. Still, by the end of the auction, only 23 of the 94 cars on offer found new homes, making the final sellthrough rate just 24%. The high sale went to a “like-new” 2005 Mercedes SL500 at $44,280. Second and third highest sales went to a nice 1969 Camaro SS convertible at $32,500 and a gorgeous and unusual 1971 Pontiac 3-speed LeMans GT37 for $29,160. The biggest bargains were two mid-'70s Cadillac Eldorado convertibles, which sold for credit card money—a red and white #3 '74 went for $6,588, and a solid #2 Cerise Firemist '75 was snapped up for $8,856. So what caused the “Richmond Sales Totals $500k $1m $1.5m $2m $2.5m 2008 2007 Company Motley's Auction and Realty Group Date April 18, 2008 Location Richmond, Virginia Auctioneer Tim Dudley & Jeremy Hooks Automotive lots sold / offered 23 / 94 Sales rate 24% Sales total $312,370 High sale 2005 Mercedes-Benz SL500 convertible, sold at $44,280 Buyer's premium 8%, included in sold prices except on lots 7, 8, 9, and 10, which have no premium Slump”? Many factors were likely to blame, but it was certainly due in large part to the apparent failure, during the event, of the in-house Internet bidding system that was marketed heavily prior to the sale. Many good cars failed to garner even remotely appropriate bids, and I can only wonder how many potential owners were sitting in front of screens displaying error messages during the sale. It just goes to show that getting the right mix takes time, strategy, and patience, and it will be interesting to see what Mark Motley changes to improve next year's results.♦ AMERICAN #X0063-1962 OLDSMOBILE F-85 Cutlass convertible. S/N C21M10120. Black/white vinyl/silver w/ black inserts. Odo: 95,614 miles. 215-ci V8, 4-bbl, auto. Older “freshening” shows its age. Some chips and scratching in thick second coat of paint, bumpers beginning to show rust, several top boot snaps missing. Stainless trim good, taillight pot metal heavily pitted, emblems losing paint. Replacement top has some light staining. Possibly original seat upholstery worn and losing color. Cond: 3-. SOLD AT $8,748. The F-85 was Oldsmobile's 90 through upholstery on passenger seat, dimesized divot in padded dash. Engine compartment freshened and cleaned, with some minor surface rust showing. Cond: 3+. SOLD AT $11,070. A nice original example that was not restored, but freshened. It showed years of careful use, and the purchase included a briefcase full of literature and a three-ring binder of rare publications, vehicle history, and related work receipts. A good deal for both buyer and seller. #X0033-1966 FORD F250 pickup. S/N F25YR789169. White/green vinyl. Odo: 24,790 miles. 390-ci V8, 4-bbl, auto. Fresh white paint on straight, rust free body. Roof running lights, painted steel wheels, new sprayon bedliner. Some rust spots on front bumper, rear diamond plate bumper freshly painted in hammered metal hue. Interior also freshly painted and sporting fresh vinyl seat upholstery. gas prices soaring, this Saturday night cruiser will go farther for less cost than its contemporaries. With additional restoration bills in its future, this car's sale price was good for both the buyer and seller. #X0037-1963 CHEVROLET CORVAIR Monza convertible. S/N 30967W210849. Twilight Blue/white vinyl/blue vinyl. Odo: 75,641 miles. Original factory Twilight Blue paint and original Aqua vinyl interior, chrome and stainless trim just starting to fade and show scratches. Some minor discoloration on white vinyl top, antenna broken off. Spring shows small car for the early '60s, and this example was original but bordered on shabby. However, it still had a good look from ten feet, and its recently serviced engine started without drama and idled smoothly—although a bit fast. With Worn armrests, everything else looks solid and fresh. Cond: 2-. SOLD AT $13,770. This truck was a California resident most of its life, and rust was not a problem. Techcraft Racing Engines of Redwood, California, rebuilt the 390 engine to produce more torque for towing, and Thorley headers, dual side pipes, Borla mufflers, and 3.56:1 rear end gears were added to the the list of performance modifications. This was not really a collector's item, but it was a good solid truck you could not replicate for the price paid. #X0024-1967 PLYMOUTH SPORT FURY convertible. S/N PH27F74243798. Red/white vinyl/white vinyl. Odo: 35,916 miles. 318-ci V8, 2-bbl, auto. Red paint and white vinyl top Sports Car Market

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Our Cars 1961 Volkswagen Beetle Convertible trim. Interior as new, engine in concours condition. Numerous awards in the back seat. A stunner. Cond: 1. SOLD AT $29,160. Beautifully done restoration on an odd duck of a car. The GT-37 was offered only in 1970 and 1971 as a way around high insurance premiums for muscle cars—kind of a poor man's GTO. A decent buy for someone wanting something different, but still well sold. Owner: Geoff Archer, eBay Auction Analyst Purchase date: July 2007 Price: $12,500 Mileage since purchase: About 100 Recent work: Restoration tab is $10,800 and climbing My wife Brigitte had such fond memories of the '78 Beetle she owned 20 years ago in Germany that she just had to have another. It had to be turquoise, just the right turquoise—paint code L380 turquoise. I took it on as a challenge to my web-scouring-car-guyhood (my very essence, in other words). When I found it in San Diego, just three hours after it had been listed on www.thesamba.com, what I bought was a half-finished restoration in boxes. Then I threw all the money at it to “make it right.” But the thing is genuinely terrifying, and in my first drive I discovered that above 25 mph, the steering gets alarmingly unpredictable, the speedo gear brays like a mule, and after 15 miles, the horn came on by itself—and stayed on. Only until I ripped the wiring out of the front wheelwell… 1965 Shelby GT350 Owner: Colin Comer, Contributing Editor Purchase date: April 2005 Price: $200,000 Mileage since purchase: 7,000 Recent work: Currently rebuilding motor and doing associated “while it's apart” stuff It's no secret I love the '65 GT350. I've owned a bunch, but this one is my keeper street car. Why? Because #249 has a unique, rode-hard history. It was supplied by Shelby's “house” dealership, High Performance Motors, to several car magazines for road testing in '65, then set up for various 1,000-mile rallies through Mexico. I don't think I'll ever know the extent of hidden tweaks in this car. It is simply the tightest, besthandling '65 I've ever driven. Sometime in the 1960s, it had a Shelby/Paxton supercharger on it, so last winter, when I decided to rebuild the tired original engine, I located a proper Paxton for it. I also added some modern hidden tweaks so I could crank up the boost a little. It currently makes 382 hp, and with some additional tuning, it can break the 400-hp barrier. I love the patina on this thing, and like a good baseball glove, it's so worn it's perfect. ♦ 92 passenger's seat less worn. 440 “TNT” engine starts easily and sounds strong. One owner from new. Cond: 3. SOLD AT $20,520. A large car, and the most expensive Chrysler (other than Imperial) offered in 1970. While not a true letter car, many believe that the 300 Hurst belongs in that line of special performance cars. Contrary to popular belief, the shifter is not a Hurst unit, but other Hurst modifications included fiberglass hood, rear deck, integrated spoiler, and a special paint scheme. Only about 500 of these were built, and this one's originality and presence made it a bargain at this price. #X0077-1971 PONTIAC LEMANS GT-37 2-dr hard top. S/N 238371P153032. LeCerne Blue/blue cloth & vinyl. Odo: 10,871 miles. 400-ci V8, 4-bbl, 3-sp. Nut-and-bolt restoration on a matching-numbers car still fresh. Gorgeous blue paint with very good chrome and stainless and holding up well for the miles shown. Cond: 3+. SOLD AT $6,588. A Fiero in a zoot suit. This mini pimp-mobile had seen better days and had plenty of needs, but it still drew a curious crowd. One of about 170 made between 1985 and 1988, when it retailed in the neighborhood of $50,000. Considering the purchase price here was probably less than the cost of the bumpers, this was well bought and thankfully sold. ♦ Sports Car Market just OK. Chrome and stainless scratched and fading, paint peeling from emblems, vent wings pitted. Interior vinyl only mildly worn with no rips, tears, or discoloration. Dash, console, and rear speaker brightwork rough. Appears to be all original. Cond: 3. SOLD AT $9,720. Not much was special about this car. It was just another '60s red convertible, and it appeared to be as worn as a comfortable old shoe. Will make a nice, mundane summertime cruiser. #X0062-1970 CHRYSLER 300 Hurst 2-dr hard top. S/N CM23J0619992. Satin Tan & Spinnaker White/saddle leather. Odo: 86,180 miles. 440-ci V8, 4-bbl, auto. Slab sides with fresh paint and pinstriping, original paint on fiberglass hood and deck lid shows some cracking. Chrome in good condition aside from some scratches on front bumper, interior musty smelling and original. Split in driver's seat, but evenly worn. Well optioned with AM/FM signal seeking radio, Twilight Sentinel headlamp controls, delay wipers, tilt and telescopic steering wheel, cc, pl, pw, and remote truck release. Originally owned by Chief Stephen Adkins of Virginia's Chickahominy Tribe. Cond: 3+. SOLD AT $8,856. Cerise Firemist is an acquired taste and certainly stands out on such a large car, and isn't that what pink Cadillacs are all about? This car appeared to be evenly worn and lovingly maintained, and it was worth at least twice the amount paid. The best buy of the auction. #X0015-1987 ZIMMER QUICKSILVER 2-dr hard top. S/N 1G2PF1199HP222026. Red/tan leather. Odo: 94,461 miles. Nice bright red paint, chrome peeling from front bumper. Black painted stainless trim fading and chipping but not yet ugly. Engine and underhood dirty and neglected, interior only lightly worn #X0080-1975 CADILLAC ELDORADO convertible. S/N 6L67S50409386. Cerise Firemist/white vinyl/white leather. Odo: 31,883 miles. 500-ci V8, 4-bbl, auto. Paint starting to dull and showing a few chips and scratches from use. Chrome no longer bright and shows acid rain marks, white vinyl top clean and tight but edges are coming unsewn. Leather interior slightly soiled

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Cox Auctions Branson, MO Spring Branson Collector Car Auction The sale met high expectations, as 144 of the 210 cars offered sold for a grand total of over $3.4m Company Cox Auctions Date April 18–19, 2008 Location Branson, Missouri Auctioneer Tom “Spanky” Assiter & Jim Landis Automotive lots sold / offered 144 / 210 Sales rate 69% Sales total $3,458,772 High sale A buying crowd filled the Branson-Hilton Convention Center Report and Photos by Chuck Leighton Market opinions in italics A lthough Branson is known by most for live entertainment, theme parks, and Ozark hospitality, the Branson Auction adds a touch of automotive class to the area each spring and fall. Centered in Branson's newest development—the classy Branson Landing—the Branson-Hilton Convention Center is the perfect backdrop for an auction, with many shops and restaurants within walking distance of the auction block. The spot no doubt helped the auction to set a stan- 1963 Chevrolet Corvette 327/360 FI coupe, sold at $105,840 Buyer's premium 6%, included in sold prices 1963 Split-Window Corvette at $105,840. Fourteen of the 22 Mustangs available sold, ranging from a 1966 coupe at $7,776 to a 1966 GT convertible at $43,200. A multitude of one-off 1950s customs, as well as factory-correct restora- Branson, MO tions, crossed Branson's auction block, too. A driver-quality 1954 Buick Skylark sold at $102,600, and two identical 1957 Bel Air coupes sold for $32,400 and $64,800, respectively, the latter being in excellent show condition. Prewar offerings were more abundant than in previous years, with a Brunn-bodied 1939 Lincoln Model K selling at $79,920 and a 1915 Saxon bringing $22,680. Nestled in among 1970s muscle cars and 1950s boulevard cruis- dard for its region, and following the venue's inaugural sale in October 2007, which produced a 63% sales rate and a record $3.8m in total sales, expectations were understandably high. The spring sale didn't disappoint: 144 of the 210 cars offered sold for a grand total of just over $3.4m. A variety of unique automobiles were available this year, ensuring a lucrative purchase for even the most budget-conscious buyer. As usual, many muscle cars were present, and the high sale of the weekend went to a ers, European imports included a 1985 Ferrari Testarossa selling for $48,000 and a 1965 Porsche 356C coupe that brought $34,020. With sales exceeding $3.4m, Jim and Kathy Cox continue to impact the collector car world in this region, and this was their largest spring auction to date. While other auction houses in the area struggle to sell 50% of their inventory, the Branson Auction continues to grow and expand to meet the demands of buyers who are looking for a good selection of decent cars, with market-realistic reserves. ♦ $500k $1m $1.5m $2m $2.5m $3m $3.5m Sales Totals 2008 2007 2006 2005 2004 2003 94 Sports Car Market

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Cox Auctions Branson, MO ENGLISH #553-1947 ROLLS-ROYCE SILVER WRAITH saloon. S/N WVA3. White & black/ black & tan leather. RHD. Odo: 83,761 miles. Coachwork by Hooper. Period-correct accessories complement professional quality paint and excellent brightwork. Stained whitewalls, door fit is off on driver's side. Excellent interior with no apparent flaws. High-quality restoration over the top, missing front headliner. Nice overall restoration with a few flaws. Cond: 3. NOT SOLD AT $13,000. The Morris Minor was the first British car to sell more than one million examples. This was a very unique car that sparked more interest than the 911 parked behind it. It should have brought more money, so seller was wise to hold off. #603-1965 SUNBEAM IMP coupe. aging very well. Cond: 3. SOLD AT $49,140. First seen at Kruse Auburn in September '92, where it sold at $30,000 (SCM# 11158). Seen again at Cox Branson in April '04, where it failed to sell at $33,500 (SCM# 33576). 1947 was the first year for the Silver Wraith, which was the last Rolls-Royce to use many different styles of coachwork. This was a beautiful example in an appealing color combination, and that helped it bring top money. #567-1953 JAGUAR XK 120SE drophead coupe. S/N 5677272. Blue/blue cloth/gray leather. Odo: 12,043 miles. Decent repaint over wavy fenders and doors, solvent pop visible on trunk lid. Panel fit off everywhere, brightwork in excellent condition with no apparent flaws. Aftermarket aluminum radiator makes a nice S/N 411045358. Red/tan vinyl. Odo: 45,713 miles. Older amateur repaint, rust bubbles on front of hood, rockers and floors appear to be solid. Original glass scratched and pitted, trim older, chrome scratched and thin. Mismatched headlights, three different kinds of tires. Rear mounted engine dirty and in original condition. Lots of British car show stickers. An Imp that has been cared for on a budget. Cond: 3-. SOLD AT $6,480. Imps were sold under the Hillman name in Europe and are the only rearengined British cars. This example had been used but not neglected, and a new set of tires and a quality repaint will do it wonders. Well bought and sold. #622-1975 TRIUMPH TR6 convertible. addition but not for show. Good interior with great seats and carpets, satin finished wood incorrect. Cond: 3-. SOLD AT $72,360. SE models had an additional 20 horsepower over base model XK 120s thanks to high-lift camshafts and dual exhausts. If more attention had been paid to paint and bodywork, this would have been a #2 car. Well sold. #530-1957 MORRIS MINOR Oxford Traveller wagon. S/N FLA11514849. Black & wood/maroon leather. Odo: 21,394 miles. Good quality paint and bodywork are wavy around drip rails and show wet sanding marks throughout. Exterior wood in good condition, rear door fit off. Car card states new interior with Connolly leather. Engine is nice but not 96 S/N CF35286U. British Racing Green/black vinyl/black vinyl. Odo: 66,084 miles. Nice paint with no visible rust, older chrome scratched and thin on bumpers. Rubber seal around windshield dry rotted, aftermarket roll bar wrapped in wire tape, top is sun bleached but still usable. Interior shows its age with good dash wood and a ripped shift boot. A driver-quality TR6 restored on a budget. Cond: 4+. SOLD AT $12,960. Last seen at Mecum's Kansas City sale in December '07, where it sold at $9,500 (SCM# 47880). Later TR6s were Dual Dell'Orto carbs, glasspacks off each cylinder head, dirty engine with EMPI bolt-ons. Displayed with pictures of the car jumping and doing wheelies. Cond: 3-. NOT SOLD AT $14,000. Gaudy 1980s style Hollywood stunt prop given a second lease on life. What would you do with it? Who are Hardcastle and McCormick? Obviously bidders were asking the same questions. #245-1974 MERCEDES-BENZ 450SL convertible. S/N 10704412016203. Metallic blue/black cloth/blue leather. Odo: 143,334 miles. Mediocre repaint with fisheyes throughout and masking lines in door jambs. Dirty interior appears original with aftermarket AM/FM CD player and mismatched dash cover. Engine detuned to meet emission requirements, making the earlier cars more desirable. This one appeared to be a solid example that had been driven and enjoyed by the seller. It would take a lot to make it perfect, so the new owner would be smart to just use it as is. Good for both the buyer and seller. GERMAN #501-1971 VOLKSWAGEN COYOTE Manta Montague coupe. S/N 3112073984. Orange/black vinyl. The Hardcastle and McCormick Coyote Stunt Car. Car card claims all original body panels over what appears to be a basic dune buggy chassis. Paint has lots of dirt and fisheyes and appears to be recent. bay dirty and oily. Factory hard top, new convertible top. A tired SL with lots of needs. Cond: 4. SOLD AT $4,860. Older Mercedes are notoriously expensive to maintain, making examples that have been neglected financially impractical to own. This car was presented with no service history which didn't inspire confidence in bidders. A market-correct price for a used-up SL. #525-1990 PORSCHE 911 Carrera 4 convertible. S/N WP0GB2965LS471838. White/ black cloth/black leather. Odo: 114,244 miles. Paint scratched and oxidized but salvageable. Interior condition on par with mileage, with some wear to seat bolsters and broken driver's Sports Car Market

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Cox Auctions Branson, MO raising his hand. Electrical problems are common on Mondials, and this one was no exception. This Mondial needed a lot of expensive work to be right, and the seller probably just wanted this problem off his hands. side power seat. Rocker panel covers falling off, chrome wheels scuffed and pitted with peeling chrome. A C4 that's been treated like a used car. Cond: 3-. SOLD AT $12,960. Carrera 4s are expensive to maintain and are sometimes purchased by those without the finances for upkeep. This car had mud caked behind the wheels, water spots, and a grubby interior, and as it was being driven to the block I noticed the engine service light was on. Hopefully the new owner was prepared for deferred maintenance issues and serious detail work. ITALIAN #583-1974 MASERATI MERAK coupe. S/N US1398. Silver/red leather. Odo: 26,833 miles. Amateur older respray bubbling, cracking, and peeling at rear quarter panels, Bondo around drivers rear wheelwell. Car card claims a new leather interior, but seats are bulging and uneven. Chrome scratched but still presentable, other trim nice. Engine bay is clean, but restoration with all the right accessories. Cond: 3. SOLD AT $35,640. These mail trucks were used until the 1950s, which is a true testament to the bulletproof nature of the Model A platform. This one was restored correctly and brought the money it deserved. It's probably headed for a museum or the back corner of a large collection. #571-1939 LINCOLN MODEL K convert- no service history is listed. An abused Maserati with needs. Cond: 4. NOT SOLD AT $29,000. Needy Italian supercars are known money pits, and questionable paint and bodywork killed this one. Still, these are very interesting cars, and in the right colors this one could have done well. It will need a complete repaint to make it right, and the seller should have happily accepted the high bid. #605-1985 FERRARI MONDIAL Quattro- valvole convertible. S/N ZFFUC15A5F0056025. Black/black/red leather. Odo: 66,378 miles. Bad old paint, top worse, seats falling apart after many re-dye attempts with overspray on hinges. Plus, it needs major service, including ECU replacement. Is the new clutch really a saving grace? Cond: 4-. SOLD AT $18,630. Hopefully the new owner inspected this late entry before quality once but is now dirty and oily. Appears to have been unused for a long period of time. Cond: 3-. SOLD AT $79,920. A beautiful example of a CCCA classic with patina. This car got more attention than the '42 Continental (lot 568, sold at $56,160) also offered at Branson. If the new owner has the paint issues fixed and has the car professionally detailed, it might bring even more at the right venue. #593-1949 DESOTO DELUXE Woody wagon. S/N 6229408. Beige & wood/brown vinyl. Odo: 98,768 miles. Excellent wood compliments older professional repaint. Interior is in good shape except for minor pitting and 98 ible. S/N K9503. Eng. # 9503. Dark blue/tan cloth/brown leather. Odo: 59,095 miles. Alloy Brunn body with 14 coats of lacquer chipped and dented around hood hinges and latches. Interior is in salvageable condition but is dirty all over and has extra toggle switches under dash. Top needs replacement. Engine was show Cond: 2. SOLD AT $11,880. Early Jeeps are known for their robust mechanicals and are instantly recognized by most. This one was way too nice to take off road, and any real use will deteriorate its condition. A great color combination and a new steel body brought good money. Well bought and sold. #566-1954 BUICK SKYLARK convert- ible. S/N 7A1142252. Maroon/black cloth/red leather. Odo: 83,059 miles. 322-ci V8, 4-bbl, auto. Missing window felts, light pitting in bumpers, many parts left on for paintwork that's chipping around headlight trim. Red AMERICAN #555-1931 FORD MODEL A Mail truck. S/N S36763C0L0. Olive Green & black/black vinyl. Odo: 725 miles. Quickie paint peeling where applied to wood. Spartan interior is presentable, mail sacks loaded in back. Detailed engine seems to run well. Authentic period dullness on chrome pieces. Headliner wrinkled in the back. Said to have been museum stored for several years. Cond: 3+. SOLD AT $81,000. This one needs to stay in a museum, as the finish used on the wood is wrong and will deteriorate rapidly if exposed to the elements. Still, this was a good buy as it didn't need any work and was ready to be used immediately. #509-1953 JEEP CJ3 utility. S/N 46418559. Green/tan vinyl. Odo: 7 miles. Total nut-andbolt restoration on a new steel body, good repaint is not for off-road use. Detailed undercarriage, Spartan interior in excellent condition. A unique Jeep, and cheaper than a new Gator. wheelwells look great but someone covered the rest of the underside with black spray paint. Cracked taillight lens, nice interior. A driver quality Skylark with an older restoration. Cond: 3-. SOLD AT $102,600. Buick only made 836 of these in 1954, and about half as many as in 1953. This was not a show queen, but it was presentable overall. Very well bought. Sports Car Market

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Cox Auctions Branson, MO #634-1957 STUDEBAKER GOLDEN HAWK coupe. S/N 610091. Gold & white/ gold cloth. Odo: 10,851 miles. 289-ci supercharged V8, auto. Older trim-on repaint buffed thin in many places and showing age around the edges. Tired chrome dinged, scratched, and pitted. Rust bubbles on passenger quarter panel near rocker. Presentable interior with nice over straight bodywork. Good chrome aside from light pitting on cowl vent. Interior is fair overall, with excellent seats and some snags in older carpet. Ford truck radio installed in dash, vent windows delaminating, overspray on door jamb rubber and door latches. A nice driverquality Cadillac. Cond: 3. SOLD AT $15,390. This was Cadillac's base model in 1961. An interesting color combination and quality restoration helped here. The seller obviously took good care of the car and presented it very well, and he should be very happy with the result. #564-1963 CHEVROLET CORVETTE gauges and gold pattern seats. Engine detailed nicely at one point but is now oily and dirty from use. A tired Studebaker with needs. Cond: 4. SOLD AT $28,080. Studebaker only made 5,234 supercharged Golden Hawks over two years of production. This car seemed to run well and had a presentable interior, and with a quality repaint it would be a very nice car. A good price for both buyer and seller. #612-1958 CADILLAC COUPE DEVILLE 2-dr hard top. S/N 58G025844. Green/gold/green & black cloth. Odo: 44,192 miles. 365-ci V8, 4-bbl, auto. Older closed door restoration showing its age. Cheap older repaint is dull with runs and sags and is buffed through in many places. Chrome dented, coupe. S/N 30807S117684. Eng. # 3117684F0308RF. Red/red vinyl. Odo: 9,837 miles. 327-ci 360-hp fuel-injected V8, 4-sp. Owner claims it to be a numbers-matching fuelie car with less than 10k miles since a complete frame-off rebuild. Older trim-on repaint looks good, with no gel coat cracks or professional detail would would bring it back to top condition. Formerly of the Woodhead collection. Price was fair for both parties. #577-1967 CHEVROLET CORVETTE coupe. S/N 194377S114780. Eng. # 380451. Blue & light blue/blue vinyl/blue vinyl. Odo: 45,993 miles. 427-ci 500-hp V8, 4-bbl, 4-sp. Car card states $70k restoration by Corvette specialist. Professional quality paint looks fresh with excellent trim and panel gaps, wax buildup visible in all the hard-to-get places. Detailed undercarriage, engine has lots of aftermarket bolt-ons. Excellent interior looks new with blemishes. Driver's door paint doesn't match the rest of the car, with obvious fiberglass repair around door handle. Excellent interior only let down by scratched center console. A nice injected Split-Window with patina. Cond: 3. SOLD AT $105,840. This was the highest price paid for a car at Branson this year, proving that the right muscle cars still bring good money. New paint and some serious detailing to the undercarriage should make this a #2 car. A good sale for both parties. scratched, and pitted throughout. Seats usable but dash needs a complete restoration. Car card states the seller has owned the car for more than a decade. Cond: 4-. SOLD AT $17,820. This Cadillac attracted a lot of attention from bidders despite its condition. The buyer should expect to spend at least as much as the sale price on additional restoration. #234-1961 CADILLAC SERIES 62 coupe. S/N 61G135790. Lavender metallic/ white/pink & white vinyl. Odo: 54,226 miles. 390-ci V8, 4-bbl, auto. Good paint shows well #547-1963 FORD THUNDERBIRD Sports Roadster convertible. S/N 3Y89Z128133. White/white vinyl/gold vinyl. Odo: 46,969 miles. 390-ci V8, 4-bbl, auto. Older professional repaint in excellent condition showing very light scratches. Interior hard to fault, with new-looking parts throughout. Detailed engine bay and undercarriage have a few water spots but no rust whatsoever. Very nice overall condition with no major visible flaws. Cond: 2. SOLD AT $44,280. One of 455 Y89 Thunderbird Sport Roadsters built in 1963. This particular car was extremely nice, but a console and dual gate Hurst shifter. Interior is OK aside from chips on the glove box door and dirty seats. Engine presentable but needs a hood liner and new foam on a/c hoses. A cheap restoration of a cheap muscle car. Cond: 4+. SOLD AT $14,850. The Cutlass S was the first step up in Oldsmobile's 1970 model line. This car was a 20-footer at best and needed a lot of work to be right. It would make an excellent driver for the right person, but it'll never be a show queen. Well sold. ♦ aftermarket radio and rear speakers. Originally a big-block car. Cond: 2-. SOLD AT $74,520. This Corvette had side pipes with no baffles and could be heard throughout the venue every time it was started. All the right accessories to make an awesome driver were present, and it showed a modified car done right can still bring good money. Well bought and sold. #639-1970 OLDSMOBILE CUTLASS S 2-dr hard top. S/N 336970M343852. Light blue/black vinyl/blue vinyl. Odo: 39,776 miles. 350-ci V8, 4-bbl, auto. Amateur repaint with fisheyes and orange peel throughout, overspray on interior panels near door jambs. Bumpers rechromed at some point and still presentable, other brightwork aging. Optional center 100 Sports Car Market

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Worldwide Group Seabrook, TX The Houston Classic Two late-'50s GM convertibles brought over $200k each, which sent the price guide analysts scurrying off to revise their databases Company The Worldwide Group Date May 3, 2008 Location Seabrook, Texas Auctioneer Rod Egan Automotive lots sold / offered 98 / 110 Sales rate 89% Sales total $11,588,150 High sale 1914 Rolls-Royce Silver Ghost skiff, sold at $1,072,500 Buyer's premium Keels and wheels of all shapes and sizes in Texas Report and photos by Carl Bomstead Market opinions in italics T he Worldwide Group once again held its Houston Classic Auction in May alongside the 13th annual Keels & Wheels Concours d'Elegance at the Lakewood Yacht Club in Seabrook, Texas. The spectacular setting is located on Clear Lake just south of Houston and just a few miles from NASA. Attendees were greeted by clear skies and moderate humidity. The concours presented over 200 cars and 100 wooden boats from around the country. Noted Houston collector John O'Quinn supported the concours with half a dozen outstanding automobiles, and he was presented with several Best in Class awards for his efforts. The Best in Show award for European cars went to Paul Emple's 1930 Minerva AL cabriolet, and the American Best in Show was presented to Paul Andrew's 1930 Cadillac V16 phaeton. These were difficult choices, as the selection of cars was outstanding. The Worldwide auction, held in an adjoining air- conditioned tent, also presented an interesting array of cars. Classics were well represented, with a very attractive 1931 Cadillac Series 70 V12 Dual Cowl bringing a reasonable $198,000, while a 1930 Alfa Romeo 6C 1750 that had won several significant awards changed hands at $880,000. The high sale of the weekend went to a 1914 Rolls-Royce 40/50hp Silver Ghost skiff, which had been rebodied following a Labourdette design and had been given the Most Elegant Open Car Award at Pebble 102 Seabrook, TX Beach in 2001. It found new ownership at just under $1.1m. Sports and muscle cars were available in all descriptions, but the latter segment was a bit softer than in years past—a trend that may well continue into the foreseeable future. A 1970 Maserati Ghibli spyder sold at $315,700, while a 1962 Chevrolet Bel Air equipped with a 409 traded hands at $110,000, and a 1971 Dodge Challenger R/T with a 340 brought $44,000. An interesting 1968 Plymouth Barracuda Formula S once raced by Sox & Martin fetched $154,000, while a 1965 Buick Riviera brought an on-the-money $39,600. Two late 1950s GM convertibles that had been well restored and had great eye appeal sold for very strong money. The first was a 1958 Oldsmobile J-2 Super 88 that went for $209,000, and the other, a 1957 Model 70 Buick Roadmaster, reached an astonishing $214,500. Both were impressive cars, and they sent the price guide analysts scurrying off to revise their databases. At the other end of the spectrum, you could have bought a VW Thing in zebra stripes for only $22,000. The only plausible reason for painting it that way (or for that matter buying it at all) would be if you have always had some deep-seated desire to own a zoo. Sales Totals As a general statement, this year's results were strong, and any signs of an economic slowdown appeared to be figments of the newscaster's imaginations. Worldwide only sold three more cars than last year's 95, but the $11.6m sales figure was an increase of over $3.6m from 2007's near-$8m total. Not a bad afternoon's work. ♦ $2m $4m $6m $8m $10m $12m 2008 2007 2006 2005 10%, included in sold prices Sports Car Market

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Worldwide Group Seabrook, TX ENGLISH #81-1914 ROLLS-ROYCE 40/50hp SILVER GHOST skiff. S/N 23UB. Black & wood/black leather. RHD. Body recreated following Labourdette skiff design. Used by the British government during WWI, then no history until the 1960s, when it was discovered as a commercial vehicle on a farm in England. Restoration completed in 2001; detailing. A nice return on the investment on a couple thousand dollars worth of spiff-ups, and a strong price for a rather average Jaguar in attractive Suede Green livery. FRENCH #59-1928 BUGATTI TYPE 37A Grand awarded Pebble Beach Most Elegant Open Car Award. Distinctive sweeping fenders, one-of-akind design. Cond: 1-. SOLD AT $1,072,500. The RROC accepts rebodies, so there should be no issues on this car, although the butterfly wing fender design does not appeal to all. Price paid was in line with expectations, so this was a solid transaction all around. #78-1946 MG TC roadster. S/N XPAG2287. Maroon & black/tan fabric/red leather. RHD. Odo: 44 miles. A U.S. version with sealed headlights, turn signals, and plated bumpers. Restored ten years ago to high standards, very little use since. Well maintained with minor fit it was restored in the early '90s and has appeared at Pebble Beach. Eight-spoke alloy wheels fitted. Cond: 2. SOLD AT $434,500. A replica with the same chassis number exists, and the American Bugatti Register has some unanswered questions regarding this Type 37A. If the new owner resolves those issues, then this can be considered well bought. issues. Attractive throughout. Cond: 2+. SOLD AT $48,400. This TC sold for a market-correct price considering its condition. The only question would be the lack of use and whether it took a toll on engine seals. If no internal issues present themselves, then I hope the new owner gets rid of the whitewalls and drives the heck out of it. #64-1954 JAGUAR XK 120 fixed-head coupe. S/N 681463. Eng. # F2875-8. Suede Green/green leather. Odo: 64,876 miles. Attractive color, but paint lacks luster and depth and shows chips on driver's door. Spats fitted over painted steel wheels. Very nice interior shows little wear, with good carpets and wood dash. Engine well detailed, with normal Jaguar fluid issues. Cond: 2-. SOLD AT $104,500. What a difference a couple years can make. This car was a no-sale at Gooding's Palm Beach auction in January '06 at $42,000 (SCM# 40581), and since then 10,000 more miles had been added, along with leather hood straps, redone brightwork, and some exterior 104 GERMAN #51-1973 VOLKSWAGEN TYPE 181 THING convertible. S/N 1833025627. Black & white/black vinyl/black vinyl. Odo: 24,938 miles. The first year the “Thing” was available in the U.S., as production had moved to Mexico. Painted in a Zebra color combination, stated to have $35k in receipts. Underpowered and rather unsafe, and only offered in the U.S. for two years. The perfect car if you have your own zoo. Cond: 2. SOLD AT $22,000. Let's Prix racer. S/N 37313. Eng. # 169. Dark blue/black leather. RHD. One of only 77 Type 37As built. The Type 37A has a Roots blower, while the Type 37 is naturally aspirated. The early history of this example is unknown, but Class. Little to fault here. A striking presentation. Cond: 1-. SOLD AT $880,000. Based on other recent sales of 6C 1750s, I have to say this was well bought. It had documented history and an award-winning restoration, and it cost about half the price of the 1932 Zagato 6C 1750 Grand Sport, which brought $1.54m at Gooding's Scottsdale auction in January '08 (SCM# 48806). A “barn find” Series V sold for $946,000 at Gooding's Pebble auction last year as well (SCM# 46542). An all-out bargain. #34-1967 FERRARI 330 GTC coupe. S/N 9881. Rosso Corsa/black leather. Odo: 66,289 miles. Attractive styling that is gaining in popularity. Receipts since 1987, rear window delaminating. Paint crazing and missing a couple good-sized chunks. Body straight and see... the seller spent $34k plus the price of the vehicle, painted it in an oddball color combination, and sold it for $22k. The first question you have to ask here is: Why? Looks like a quick way to lose a pocket full of K notes. ITALIAN #77-1930 ALFA ROMEO 6C 1750 Series IV Grand Sport spyder. S/N 8513011. Eng. # 8513011. Rosso Corsa/black leather. RHD. Odo: 2,331 miles. Coachwork by Zagato. Extensive racing history with car. Participated in three Mille Miglias, was a Scuderia Ferrari team car. Stunning restoration with two Pebble Beach Best in Class awards and a 2007 Quail Best in solid, most of original tool roll still with car. Stainless exhaust, non-original hoses. Engine spotless. Cond: 3-. SOLD AT $192,500. The owner was thrilled with final price, but the new owner should be happy as well. An attractive Ferrari V12 that will continue to appreciate as long as the creek don't rise. #114-1970 MASERATI GHIBLI spyder. S/N AM115S1025. Black/black fabric/red leather. RHD. Odo: 42,138 miles. Extensive restoration completed in 2004. Borrani wires rather than Campagnolo alloys, Ghibli SS 4.9 engine. Modern CD changer added. Paint deep Sports Car Market

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Worldwide Group Seabrook, TX and lustrous, near perfect panel fit. A striking car. Cond: 1-. SOLD AT $315,700. One of 125 Ghibli spyders, and one of 25 with the Ghibli SS optional engine. According to the SCM database, it has the same VIN as a 1970 Ghibli spyder that sold at Bonhams Gstaad in December '07 for $322,195, although that car was red with a tan leather interior and did not have the SS engine. I would say that the price paid here was a bit light considering the rare engine option, but I'd feel better with more documentation... especially considering the Gstaad connection. AMERICAN #47-1912 CHALMERS MODEL 9 Torpedo roadster. S/N 18910. Cream/black fabric/red leather. RHD. Odo: 161 miles. The only factory-built Chalmers race car. Won numerous races, history known since 1917. Restored some years ago and still presentable. Chalmers acetylene lamps, dual rear spares. Interesting engine with exposed valve gear. the early '90s. 1948 Mercury V8, original dash with Stewart Warner gauges. 40-spoke wires on Kelsey-Hayes wheels. A traditional Hiboy. Cond: 2. SOLD AT $93,500. Period hot rods continue to be hot property, and documented examples are now accepted at major concours such as Pebble Beach and Amelia Island. As they go upscale, the values follow, so this was a reasonable transaction for all concerned. #54-1934 PACKARD TWELVE Model 1107 club sedan. S/N 73630. Maize Yellow/ Beige Broadcloth. Odo: 33,342 miles. Ordered by Al Capone, but he was otherwise detained when the car was delivered. Thought to be one of eight remaining. High-quality restoration to correct factory specifications. Excellent interior wood on dash and doors. No radio. Cond: 2. one of only ten or so left. Restoration in 2005 to a high standard still shows well. Stovebolt six, radio, heater, defroster, clock, and fender tips. Very nice interior, paint with good luster and depth, wood in good condition. Well presented. Cond: 2. SOLD AT $59,400. One of these seems to show up at at almost every auction... I've seen all 14 of the ten remaining. I would want a little documentation as to when the dealer installed the wood trim. If this was a period installation, then the price was in line as the quality of restoration was exceptional. #21-1950 OLDSMOBILE 88 convert- SOLD AT $137,500. Packard V12s are known for their power and quiet smooth operation. This would be a wonderful tour car. Too bad Al never sat in the car, as that would make for interesting conversation. As such, his name did not seem to add much to the value, and I'd say this was well bought and could not be duplicated for the money paid. Cond: 3. SOLD AT $71,500. Sold at Gooding's 2007 Pebble Beach sale for $60,500 (SCM# 46574). A fair return on the investment for holding the car less than a year. Brass Era cars continue to gain in popularity for the mechanically inclined or those with people who know how to maintain and repair them. A fun car with history at a reasonable price. #74-1932 FORD HIBOY roadster. S/N 1860637. Red/tan fabric/tan leather. Odo: 5,493 miles. 239-ci V8, 2x1-bbl, 3-sp. Built in '50s, same owner for 40 years. Windshield frame and top chopped in the '60s, restored in #43-1946 FORD SUPER DELUXE convertible. S/N 99A920890. Red/tan fabric/gray fabric & leather. Odo: 16 miles. Recent restoration with limited use since. Super Deluxe was top trim level and included moldings on windows, leather on convertibles, and exterior chrome trim, plus radio, clock, heater, and rubber ible. S/N 508M54991. Black/Black Stay Fast fabric/red leather. Odo: 5,620 miles. Flawless restoration completed in 2003 and well maintained since. Hydra-Matic 3-speed. Paint and body work to perfection. Gaps at bottoms of doors most likely due to new rubbers. Engine spotless. A magnificent Rocket 88. Cond: 1-. SOLD AT $126,500. Price bid was over-thetop but so was the car. In the overall scheme of things, this was well bought. If you want the best you have to dig deep and doubt if you could build one this nice for the price paid here. My favorite car at the auction. #23-1956 OLDSMOBILE 88 convertible. mats on floor. Window trim nicked, chrome just OK. Engine clean. 2007 AACA Award. Cond: 2. SOLD AT $48,400. Except for a few nits, this was a strong Ford that sold for well under the money. I would have thought it could have easily brought another $5k–$10k, and if it had, it still would have been well bought. Chalk this one up for the buyer. #37-1948 CHEVROLET FLEETLINE Country Club aero coupe. S/N 1FKFAA155044. Lake Como Blue & wood/ tan cloth. Odo: 35,180 miles. The Fleetline was available with a factory wood trim kit that was installed by the dealer, and this was stated to be 106 Sports Car Market S/N 568M44034. Raven Black/black fabric/red leather. Odo: 75,778 miles. 324-ci V8, 4-bbl, auto. Restored to a high standard and well maintained since. Spinner hubcaps, power steering and brakes. Paint well maintained, with

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Worldwide Group Seabrook, TX no swirls or buffer marks. Engine compartment as nice as expected. A very striking Rocket 88 convertible in great colors. Cond: 2+. SOLD AT $115,500. One of four cars offered by a retired Oldsmobile dealer. All were quality examples and sold well, and it's hard to fault a buyer for paying a premium for buying the best. Well bought and sold. #44-1957 BUICK MODEL 70 ROADMASTER convertible. S/N 7D4021740. Red & black/black vinyl/red leather. Odo: 22,183 miles. 363-ci V8, 4-bbl, auto. Recent restoration to a high standard. Respray well done, with minor swirls in black hood and deck. Factory wires, brightwork shows very well. Leather interior as-new. Impressive list of options includes power seats, auto. One of only 522 300E hard tops produced. Heavily optioned with a/c, headlight dimming, and speed control. Stated to have been restored in 2001, but bumpers scratched, plastic in hubcaps crazed, and package tray badly stained. Paint well applied and panel fit to factory specifications. Cond: 3. SOLD AT $49,500. Attractive car that needed a bit to bring it up a notch or two. The price paid was in line considering the desirable options, so both sides should be smiling. steering, windows, and brakes. Fitted with AM radio, clock, and power aerial. A quality presentation. Cond: 2+. SOLD AT $214,500. It is said that you don't have to apologize when you buy the best, but what do you say when you've paid the most? The estimates of $140k-$180k were a bit aggressive, but this bid blew their doors off. This was three to four times the highest price I could find in any price guides. A nice car, but this was all the money and more. #88-1958 CHEVROLET IMPALA convertible. S/N F58N147817. Coral/black vinyl/ coral, silver, black fabric. Odo: 140 miles. 348ci V8, 3x2-bbl, auto. Recent restoration to the highest standard. Loaded with every conceivable option, including the Turbo-Thrust TriPower 348 V8, Positraction, dual exhaust, rear quarter exhaust ports, and a/c. Factory Level #57-1959 CADILLAC SERIES 62 convertible. S/N 59F024947. Black/black vinyl/red & white vinyl. Odo: 85,675 miles. 390-ci V8, 4-bbl, auto. Glass and bumpers scratched, paint just OK, engine compartment clean, vinyl interior rather than correct leather. AT $94,600. Auctioneer Rod Egan worked to get the final few thousand dollars here, and he was able to get the job done. This was a quality Corvette that could have easily brought another $5k or so. Well bought. #5-1962 FORD THUNDERBIRD 2-dr hard top. S/N 2Y84M160792. Raven Black/ black vinyl. Odo: 44,337 miles. 390-ci V8, 3x2-bbl, auto. Original M-code triple-carb T-Bird as identified in the VIN, thought to be one of only 25 built in 1962 and claimed to be the only black M-code coupe. Paint decent with numerous touch-ups, window rubbers rotting, factory a/c. Engine dress-up incorrect, as shock tower supports were chromed. Aerial broken off. Cond: 3. SOLD AT $37,400. If not for the engine, this car would be hard pressed to bring $10k. I don't think the M-code option is worth $27k, so I have to chalk this one up to the seller. #56-1962 CHEVROLET BEL AIR 2-dr hard top. S/N 2163F125429. Tuxedo Black/ red vinyl & fabric. Odo: 71,136 miles. 409-ci V8, 2x4-bbl, 4-sp. Comprehensive restoration in 2005. Radio and heater factory delete, acceptable paint and panel fit. Attractive interior, replacement block, no power steering or brakes. Quickie restoration with glaring errors. Cond: 3-. SOLD AT $96,800. Cutting corners with a vinyl interior made me wonder what else had been neglected. The closer you looked, the more you found. I hope the new owner took a close look prior to waving his paddle, as there were some real needs here that won't be cheap to put right. #16-1960 CHEVROLET CORVETTE convertible. S/N 00867S105668. Sateen Silver & white/black vinyl/black vinyl. Odo: 78,189 miles. 283-ci 270-hp V8, 2x4-bbl, 4-sp. Owned by a former editor of Motor Trend. Extensive two-year restoration with receipts. Little to Air suspension actually works. Continental kit, dual rear antennas. Slight misalignment on trunk, other panel gaps excellent. An amazing car. Cond: 1-. SOLD AT $132,000. Level Air was a rare option and most were removed as they never worked correctly. This '58 Chevy had it all, and even though it sold for a strong number, another $15k would not have been out of line. All in all, I call it well bought. #46-1959 CHRYSLER 300E 2-dr hard top. S/N M591100687. Cream/tan fabric & vinyl. Odo: 76,686 miles. 413-ci V8, 2x4-bbl, 108 A serious go-fast car, but only in a straight line. Cond: 2. SOLD AT $110,000. Considering how these were used, it was no surprise to learn the block was replaced. I wonder how many of the miles on this car were done in 1/4-mile segments. The price paid here was a bit on the strong side considering the engine issue. #58-1963 CHEVROLET CORVETTE fault, as paint and body work exceed factory specs. AM Wonderbar radio and heater, engine bay sparkles. Nicer than original in many aspects, offered with both tops. Cond: 1-. SOLD coupe. S/N 30837S112959. Ermine White/ red vinyl. Odo: 91,324 miles. 327-ci 340-hp V8, 4-bbl, 4-sp. AM/FM radio, aftermarket alloy knockoff wheels. Decent but not great paint, door gaps uneven, nice interior could be original. Engine clean and correct. A good driver-quality car. Cond: 3. SOLD AT $79,200. Price paid was about right for a Split-Window in this condition. Original knockoffs from '63 are worth about $5,000, as few cars received Sports Car Market

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Worldwide Group Seabrook, TX them due to fit issues and problems with porous aluminum. As a one-year model, Split-Windows are gaining in popularity, so there should be some upside here. #39-1965 BUICK RIVIERA GS 2-dr hard top. S/N 494475H913111. Yellow/black vinyl. Odo: 16,845 miles. 425-ci V8, 2x4-bbl, auto. Recent restoration of numbers-matching GS. Equipped with factory a/c and cruise, huge trumpet horns added. Claimed to be original color but body tags say otherwise. Excellent brightwork and paint, door alignment raises vinyl. Odo: 15,090 miles. 340-ci V8, 2x4-bbl, 4-sp. The only 340-ci Plymouth delivered to Sox & Martin, restored and built by John Aruzza out to 575 hp. Documented race history with two factory build sheets. Numerous extra parts, restored to “as raced” specifications. Street legal, BFG Drag radials fitted in the rear. Cond: 2. SOLD AT $154,000. Take this out on Friday night and every kid in his pimped-out Honda will be pushing you until the cops find you. Guess you will have to leave it in the garage and impress your friends when they come over. A cool car if you have a drag racing musuem, and a decent deal considering its history. #29-1970 PLYMOUTH ROAD RUNNER Superbird 2-dr hard top. S/N RM23ROA166208. Tor-Red/black vinyl/white vinyl. Odo: 20,786 miles. 426-ci V8, 2x4-bbl, auto. One of 135 Superbirds ordered with the R-code Hemi, also ordered with a bench seat rather than more popular buckets. Original rally wheels, buffer marks on window stainless. questions. Missing name plate on console, clamshell headlights function correctly. Cond: 2. SOLD AT $39,600. These have been sleepers of late, but no one was napping here. These are excellent handling cars, but the GS has a slightly harsher ride that not all enjoy. The price paid here was on the money, but I'm willing to bet we'll think it was a bargain in a few years. #62-1967 CHEVROLET CORVETTE convertible. S/N 194677S104327. Goodwood Green & white/black vinyl/black vinyl. Odo: 717 miles. 427-ci 400-hp V8, 3x2-bbl, 4-sp. The most popular color in 1967. White stinger is not typical of factory production. Factory a/c and 4-speed. Cataloged as both a 400-hp Original invoice, window sticker, and fender tags. Interior shows some light use. Cond: 2-. SOLD AT $253,000. This car was a no-sale at Worldwide's Houston sale in May '06, where it was bid to $310,000 (SCM# 41537). It had only been driven 24 miles since then, but those miles cost the seller $2,375 each. This seller failed to heed the warning that the muscle car market was fading, and he paid the price here. #93-1971 DODGE CHARGER R/T 2-dr car and not born with Tri-Power. Goldline tires, power windows, brakes, and steering. Engine nicely detailed. Cond: 2. SOLD AT $85,800. A good driver, but the judges at Bloomington or NCRS would have a field day tearing it apart. Was it maybe an original 390-hp car? Best just drive and enjoy. #31-1968 PLYMOUTH BARRACUDA Sox & Martin Formula S fastback. S/N BH298P8B121884. Red & white/blue/black 110 Sports Car Market hard top. S/N WS23V1A143623. Dark Blue Metallic/black vinyl/black vinyl. Odo: 8,705 miles. 440-ci V8, 3x2-bbl, auto. One of 98 1971 440 Six Packs ordered with an automatic transmission. Has broadcast sheet and is documented with matching numbers. Striking paint and door tape, no power steering or brakes. Strong presentation of no-questions 'Cuda. Cond: 2. SOLD AT $134,200. This well-documented 'Cuda missed the market by a year or so. Had it been offered last year at this time, $180k–$200k would have been reasonable, but the muscle car market is readjusting. Replicas and fakey-doos are the first to go, but unfortunately, strong cars like the one offered here are also feeling the pinch. ♦ with good panel fit, engine clean and tidy. Very nice interior, minor concerns with brightwork and window rubber. Offered at no reserve. Cond: 2. SOLD AT $75,900. If anything, this car sold for a touch under the money. Color makes a huge difference in value for these, and blue, while not the most popular, was certainly attractive. It could have easily brought $5k more and still have been well bought. #33-1971 DODGE CHALLENGER R/T 2-dr hard top. S/N JH23H1B177309. Light Green Metallic & black/black vinyl. Odo: 34,547 miles. 340-ci V8, 4-bbl, auto. Equipped with R/T performance package. N94 T/A hood was a $173 option, and only three Challengers are known to have been ordered with it. Restored some years ago and still shows well. Minor paint and chrome issues, buffer marks on hood, engine detailed. Documented by Govier. Cond: 2. SOLD AT $44,000. The seller missed the market here. A year ago this would have sold within the estimated range of $60k–$90k, but today you need more than a unique hood to bring that kind of money. #30-1971 PLYMOUTH 'CUDA 2-dr hard top. S/N BS23V1B138119. Plum Crazy/black vinyl. Odo: 82,063 miles. 440-ci V8, 3x2-bbl, 4-sp. Recent restoration of one of 237 440 Six Pack cars, less than half of which were ordered with a 4-speed. Documented with build sheet and Galen Govier thumbs-up. Black billboards

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Bonhams & Butterfields Half Moon Bay, CA Legend of the Motorcycle A lucky buyer surely stole Steve McQueen's 1940 Indian Sport Scout— at almost $10,000 under low estimate Company Bonhams & Butterfields Date May 3, 2008 Location Half Moon Bay, California Auctioneer Malcolm Barber Automotive lots sold / offered 87 / 105 Sales rate 83% Sales total $1,780,449 High sale 1975 Ducati 750 SS “Round Case,” sold at $117,000 Buyer's premium Steve McQueen's 1940 Indian sold without the usual McQueen tax at $52,650 Report and photographs by Paul Duchene Market opinions in italics B onhams & Butterfields built upon its 2007 auction success at Legend of the Motorcycle by nearly tripling the number of bikes sold and dou- bling the sales total to almost $2m this year. The May 3 sale in Half Moon Bay saw 87 of 105 bikes sell (up from 31 of 42), with a final sales total of $1,780,449 (up from $803,850). Inevitably, the auction ran twice as long as last cent older restoration, it had complete provenance, and the buyer was happily stunned, as the “McQueen factor” usually triples prices. Two solid but uninspiring 1976 BMW R100R prototypes sold for $14,040 and Half Moon Bay, CA year's, but that was good news for diehard buyers who waited until the end of the sale to bid. Triumph Bonnevilles in particular could be bought for as little as $3,276 for a T140, though a T120 TT special fetched a solid $17,550. A #1 condition 1970 Rickman Triumph Bonneville found a new home for $10,530, which was about half what it cost to restore. This year's top sale was a 1975 “green frame” Ducati 750 SS round case. It was a one-owner bike from Idaho with 5,128 miles in average condition, and it brought a surprising $117,000. Other Ducatis were more modestly priced, and while the 1972 250 Desmo Silver Shotgun seemed well sold at $9,945, the 1,571-mile, 1981 Hailwood Replica 900 SS landed solidly in the wellbought column at $15,210—especially compared to the 1980 900 SS that sold earlier for $17,550. Perhaps the steal of the auction was the ex-Steve McQueen 1940 Indian Sport Scout Bobber, which was almost $10,000 under its low estimate at $52,650. A de- 112 $16,380, but an immaculate 1956 BMW R60 brought $23,400, having scored 99.5 points on the concours field earlier in the day. The 1960s through 1980s Japanese motorcycles still haven't clicked with collectors, and a lot of choices were available around $5,000 with numerous little details to attend to. The top-selling Harley-Davidson was a 1929 JDH at $67,860, although most appealing was a 1918 ladies' bicycle with a great story and wonderful patina that brought $4,095. The best Harley buy might have been Joe Kopp's 1982 XR750 AMA flat track national championship bike, sold out of Mike Corbin's collection for a very reasonable $18,135. MV Agustas were represented by a razor-sharp 1993 Magni 861 built later by MV's old race team boss Arturo Magni, as well as a bone-stock and rather dull shaft-drive 1973 750S. The Magni brought $69,030, and the stock bike sold at $66,690. An all-enclosed 1955 Vincent Black Knight looked like a “Darth Vader” Ariel Leader with a nicely repainted faring covering an original South African refugee. It sold for $65,520, and if I were the buyer, I'd strip that black bucket off it and try to find the correct five-inch speedometer. Surely bound for a museum someplace was Mike Kron's exact replica of an 1894 Hildebrand & Wolfmueller 1,500-cc twin. Kron came from Munich to explain his work and must have been pleased to see it sell for $58,500. ♦ Sales Totals $500k $1m $1.5m $2m 2008 2007 17% on the first $100,000, 10% thereafter, included in sold prices Sports Car Market

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Bonhams & Butterfields Half Moon Bay, CA ENGLISH #147-1955 VINCENT BLACK KNIGHT motorcycle. S/N RD12868F. Eng. # F10AB/2/11068. Black. Odo: 3,063 miles. Cosmetic restoration of an average Rapide/ Black Knight from South Africa. Looks very original under fully enclosed bodywork. Bashed up exhaust, none too clean, non-typical 3″ speedometer. One of 462 Series D bikes, about oil-in-frame design. This bike sold way under the $12k–$15k estimate, almost at the end of the night. Other T120s brought the same money earlier, which suggests the supply of restored bikes has caught up with demand. That's good news for people who actually want to ride. #176-1970 TRIUMPH T120R Rickman Cafe Racer motorcycle. Eng. # CA743216. French Blue. Odo: 925. Freshly restored cafe racer. Many trick parts including magneto, primary cover, Lockheed discs at both ends, reverse megaphone exhausts, Rickman frame, half of which were faired. Cond: 2-. SOLD AT $65,520. Rare because they drove the company into bankruptcy. These are not pretty and not macho either, and they probably led Triumph to build goofy “bathtubs.” As homely as it was, the temptation would be to take off the bodywork... but then you'd have to redo the rest of it. Market price, but South African bikes led hard lives. #187-1968 BSA A65 LIGHTNING Twin motorcycle. S/N A65LB6795. Eng. # A65LB6795. Red & chrome. Odo: 691 miles. Northern California BSA Club sticker. Better than when built new, with hard-to-fault paint and chrome. Correct seat, bar end mirror, correct and Rickman forks. Zero miles since rebuild. Cond: 1. SOLD AT $10,530. As a former Dresda Triton owner, I was all over this. The workmanship was spectacular, and it was all squeaky clean and new. I told the SCMer who bought it that it was the one bike I would buy without thinking twice, so he did. And for about half what it cost to build, I'd guess. GERMAN period Avon tires. Cond: 1. SOLD AT $9,360. Within a year the Honda 750 4-cylinder would consign this design to history's dumpster. But this low-mileage bike with its superb restoration will always draw a crowd, and the proud new owner will learn to start it first kick. Well bought. #186-1970 TRIUMPH T120R Bonneville motorcycle. S/N AD37857T120R. Red & silver. Odo: 814 miles. Well-done understated restoration with only 814 miles since completion. Excellent chrome and Astral Red paint, Lucas headlight, Dunlop Gold Seal tires. Looks to have had light use. Cond: 2. SOLD AT $7,722. T120s are the Bonneville of choice and 1970 was the last year before the suspect 114 Sports Car Market #131-1894 HILDEBRAND & WOLFMUELLER Replica motorcycle. S/N MK013. Eng. # MK013. Black & gold. A superb replica 15 years in the making. Number 13 of 15. Spectacular paint and nickel plating, steam engine design with direct drive by Taglioni's “Desmo” valve gear used a cam to close the valves instead of a spring, so engine revs could be bumped 20%. These had excellent brakes and handling, a distinctive exhaust note, and an uncomfortable seat. They came in 250/350/450-cc versions, and many riders preferred the smaller engine for its willingness to rev. Well bought, about $3k light. #166-1973 MV AGUSTA 750S DOHC mo- torcycle. Eng. # 214039. Red, white, & blue. Odo: 5,381 miles. 750-cc DOHC four, shaft drive. Correct original with so-so paint, dull casings, and baggy seat upholstery. Pipes perfect, no mirrors. Cond: 2-. SOLD AT $66,690. Reputedly not much fun to ride, the 4-cylinder MV Agustas remain icons. Count Agusta insisted street bikes be shaft-driven to prevent privateers from competing with factory racers, but he'd have been smarter worrying about the Japanese. Interesting contrast with the vastly superior Magni, which I'd much rather have connecting rods. Wooden block brake rubs on front tire, back fender carries water for cooling. Engine started by lighting firebox below gas tank and pedaling until it starts. Cond: 1. SOLD AT $58,500. Ambitious project built by Mike Kron who came from Munich (where the original was manufactured) to explain how it worked. The dangerous hot tube ignition accounts for the 10% survival rate among the approximately 400 built between 1894-1897, when the company went broke. The replica does not run, although Kron says the new owner could connect the fuel lines so that it too could burn itself to the ground. ITALIAN #193-1972 DUCATI SILVER SHOTGUN motorcycle. S/N DM250G11032933. Silver. Odo: 192 miles. Older restoration includes correct 1960s dune-buggy style metal-flake silver paint. Desmo engine, Grimeca brake, 35mm Marzocchi forks, Borrani rims, Veglia gauges. Cond: 2. SOLD AT $9,945. Fabio

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Bonhams & Butterfields Half Moon Bay, CA bought for close to the same money. Well sold, but market correct too. #138-1975 DUCATI 750SS Desmo V-twin “Round Case” motorcycle. S/N DM750SS075388. Eng. # 075062DM7501. Green & gold. Odo: 5,128 miles. A one owner, Idaho green-frame bike—the way you want to find them. Big scratch on tail, left front of gas tank repaired, right muffler scraped. Fairing good, correct headlight, taillight not faded Webster collection and described as unrestored with 2,000 miles on it. Crossed the block late in the day and sold despite an optimistic estimate of $18k–$20k. Cond: 3-. SOLD AT $10,530. If this bike had 2,000 miles on it, they must have all been at track days, judging from the tires. Fork wear was noticeable, along with an apparent orange repaint. An informed observer also estimated it was a 1981 model. yellow. Cond: 3-. SOLD AT $117,000. Big money for a right bike with full provenance and evidence of use. The third 750SS to top $100k recently, and $20k over its high estimate, so expect to see some of the 399 others come to auction soon. The gold standard for 1970s sportbikes—handsome, fast, uncomfortable, and loud. See “Bike Buys,” p. 134. #181-1981 DUCATI 900SS Mike Hailwood Replica motorcycle. S/N 900737. Eng. # 091365DM860. Red & green. Odo: 1,581 miles. Very clean unmolested example of 472 made. Early and desirable one-piece fairing with usual dismal internal finish. Absolutely correct. Pipes perfect, no mirrors, still on original tires. Was it ever titled? Cond: 1. SOLD AT $15,210. Hailwood's 1977 win at the Isle forks, Brembo brakes with full-floating calipers, and electronic ignition. Hard to fault. Cond: 1. SOLD AT $69,030. Arturo Magni ran MV's race team from 1950 to 1976, so he knows how to make one work. This was near-perfect with only 800 miles, but when the dust settles it's a hot rod that was expertly built years too late. A bit of a bargain really, compared to the tired, shaft-drive 1973 750S that sold for $66,690 (lot 166). of Man (on a privateer bike, too) prompted this run of replicas, which continued after his death in 1981. A bit like a 900SS in an overcoat, they have mostly been trailer queens (you don't want to know what this one-piece fairing would cost). This was a benchmark example to add to a collection and was very well bought at the price paid. #196-1983 LAVERDA JOTA 3-Cylinder motorcycle. S/N ZLVMDHA80000035. Eng. # 10008122. Orange. Odo: 2,159 miles. Laverda's manly Jota (an Italian fast dance for three) was a legitimate alternative to Japanese multis in the early 1980s—a DOHC triple with top speed in excess of 120 mph. From the Guy 116 Sports Car Market JAPANESE #163-1970 HONDA CB750 motorcycle. S/N CB7501059606. Eng. # CB750E1060074. #151-1993 MV AGUSTA MAGNI mo- torcycle. S/N 2210490. Eng. # 2270467. Red & silver. Odo: 807 miles. Immaculate custom MV Agusta 750S America constructed almost 15 years after the factory closed down. A mix of old and new parts with superb attention to detail. Custom frame with chain drive, Forcella tires worn, mufflers excellent, paint peeling off heads. A driver optimistically estimated at $12k-$15k. Cond: 2-. SOLD AT $9,360. Seemed expensive, but when did you last see a decent one of these? The Kawasaki flexi-flier frames were bad enough with a 100 mph wailing 2-stroke... how about 130 mph and quite a bit more weight? Same problem as the other Japanese heavies here: It's still not worth doing a frame-off restoration, so nobody does. Well sold by a couple thousand dollars. AMERICAN #114-1906 INDIAN 2¼hp CAMELBACK Single Cylinder motorcycle. S/N 2696. Black. From the Mike Corbin collection. Spectacular Dick Green/Gwen Banquer restoration with direct link to Indian co-founder Oscar Hedstrom. One of 1,698 Indians built in '06, given by Hedstrom to Harmon Elliot to ride to school at age 16. Quite a gift at $210, as in 1906 a coal miner made $480 a year. Comes with letters, bills, invoices, and photos. Cond: 1. NOT SOLD AT $46,800. A wonderful working timepiece, and actually quite usable with its 85-mile range and 25-mph cruising speed. Aqua Blue. Odo: 56 miles. Prettiest example of an early 750 I've seen. Nice paint in an attractive color, sand-cast engine casings, very expensive quad pipes perfect, plating good in general but wheels are scruffy. Excellent seat, no mirrors. Cond: 2. NOT SOLD AT $5,616. Details let this bike down, as it looked like it was taken down far enough to refinish the main pieces but not completely disassembled. The pre-sale estimate was $9k–$12k, which was very optimistic. I'd call this market correct. #180-1973 KAWASAKI Z1 Triple mo- torcycle. S/N Z1FO7124. Eng. # Z1EO77260. Orange & brown. Odo: 3,514. While Kawasaki was cranking out loony two-stroke H1 and H2 triples, it was preparing its 1970s master stroke. The Z1 is the bike that blew away the Honda CB 750. Fair older restoration, pipes blued,

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Bonhams & Butterfields Half Moon Bay, CA Surely bound for a museum and quite well bought at this price, but it would be very tempting to ride it. #133-1912 AMERICAN BELT-DRIVE TRI-CAR tricycle. Red. Early U.S.-assembled bike with Yale engine found moldering in a Montana barn minus the front end. Wells Fargo tri-car box from an early Indian installed and “patina painted” to match scruffy very similar bikes running out of gas in Las Vegas last year between $55k and $60k, so the market has spoken. And what can you do with it, other than hang it from the ceiling of your restaurant where nobody can touch it? #121-1918 HARLEY-DAVIDSON bicycle. old saddle. Cond: 4. SOLD AT $30,420. About as genuine as Disneyland, despite having vintage pieces imagined into one unit. The perfect beer cooler to go with the faux ice-cream carts which have surfaced lately for about the same price (see May 2008 “American Profile,” p. 60). Very well sold indeed. #135-1912 EXCELSIOR BELT-DRIVE Twin motorcycle. Eng. # 27423. Silver gray & red. An elegant rat from the first year of Schwinn ownership. Sophisticated for its time and quite fast. A few repro pieces but mostly original with a rebuilt engine, acetylene lights, and “raspberry” horn. Newer tires. Cond: 4. college the bike went into her basement for 50 years. Battery-powered lamp, paint faded, tires perished, rear wooden rim irreparably tweaked. Worn, but untouched. Cond: 3. SOLD AT $4,095. Everybody looked at this bike, admiring the H-D letters in the crank. If Miles Collier is correct when he says that evidence of the passage of time is what makes survivors so valuable, this was gold-plated. NOT SOLD AT $40,000. Bidding stopped at $40k, which was $10k short of the low estimate. Lot 136 was a fully restored 1913 Excelsior, which stopped at $40k, or $20k shy of its low estimate. Perhaps the two bikes distracted buyers who might have focused on just one. I'd have thought the right collectors would have been here, but maybe they were listening to Giacomo Agostini at the official LOTM dinner. #156-1914 INDIAN 500 V-TWIN 8- Valve motorcycle. Eng. # 74E674. Dark red. Beautiful restoration of a very competitive racer in its day. The 8-valve V-twins were a board track favorite, one of which lapped at 114 mph with no brakes or clutch and single speed. Excellent paint, nickel plating, and new white tires. Apparently correct down to fine details. Cond: 1. NOT SOLD AT $50,000. This racer was estimated to bring $70k-$90k, but I recall 118 #120-1940 INDIAN SPORT SCOUT Ex-Steve McQueen Bobber motorcycle. Eng. # FDO406. Red & black. Documented Steve McQueen bike sold at Las Vegas Imperial Palace sale in 1984. Correct older restoration of stripped-down bobber-style bike, with no lights, tiny solo seat, square Goodyear tires (so no cornering), and friction dampers. Estimated at $60k-$80k. Cond: 2-. SOLD titles. This bike is as-raced but decently cleaned and prepped. Cond: 2. SOLD AT $18,135. Race cars and race bikes often don't sell because the owners are particularly proud, so it was good of Mike Corbin to sell this bike at no reserve. It made mid-market money but has to be considered a bargain with its bulletproof provenance and undeniable presence. Surprisingly small and muscular, it vividly illustrated the difference between pretty good and really good. ♦ Sports Car Market indicated 639 miles may equate to one trip from Portland to his home in Butte, MT. Regardless, somebody paid top dollar for the connection. Very well sold. #119-1982 HARLEY-DAVIDSON XR750 Grand Champion Flat Tracker motorcycle. Eng. # 1C10008K8. Blue & white. Joe Kopp's 2000 AMA Grand National Championshipwinning 1982 Harley-Davidson XR750, sponsored by Mike Corbin. Joe Kopp took his game to another level in 2000, with podium finishes everywhere, multiple wins, and three separate S/N 202908. Olive green. Harley-Davidson entered the bicycle market in 1917, and this was sold a year later to a girl in Santa Cruz, CA who used it to deliver mail while in school. After AT $52,650. Considering that “the McQueen factor” usually adds three to five times the value to a vehicle, this had to be the buy of the sale. Winning bidder John Worthington from Pennsylvania couldn't believe his luck. With the right crowd, this desirable bobber (and other McQueen-owned bikes that were not that cool) could bring another $50k. #134-2004 HARLEY-DAVIDSON HERITAGE SOFTAIL motorcycle. S/N 1HD1BWB174Y083486. Red, white, & blue. Odo: 639 miles. Evel Knievel signature bike with Vance & Hines pipes, bags, “Live to Ride” air cleaner, and back rest. Eagles everywhere, spotlights, crash bars. Evidence of light use. Cond: 2-. SOLD AT $46,800. By the time Knievel got this bike (titled confusingly to the Portland, OR, dealer's address) he was all busted up from a life of jumping and crashing and would only live another three years. The

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Silver Auctions Roundup Sales From Dallas and Portland Around $10k could have bought any of 33 cars in Portland, but a lot of proud sellers refused reasonable bids DALLAS, TEXAS Company Silver Auctions Date April 18–20, 2008 Auctioneer Mitch Silver & Michael Ackel Automotive lots sold / offered 12 / 40 Sales rate 30% Sales total $161,330 High sale Sold at $26,190, 1938 Chevy made top money in Dallas Report and photos Dan Grunwald (Dallas) and Paul Duchene (Portland) Market opinions in italics I n April, Mitch Silver dropped in to Portland, Oregon, for his company's annual spring sale, and this year's event raised $823,770 as 62 of 130 cars sold for a 48% sale rate. As usual with Portland entries, bid- ding interest and quality were all over the map. Around $10,000 could have bought any of 33 cars, but a lot of proud parents were driving their babies back home after refusing reasonable bids. Top sale was a sound but uninspiring '56 Continental Mk II coupe for $42,120, which is unlikely to be driven much at $4.50 a gallon. Meanwhile, $57,000 was refused for a 1970 Barracuda with a color change, $53,000 for a '69 Mustang Mach 1, and $22,000 for a '73 BMW 3.0CS coupe, whose handler was feverishly removing Hawaii stickers before it crossed the block. However, nothing could prepare me for the $16,200 paid for a 1974 “Alpha Romero” custom convertible “Duetto-style modificato,” which I would term very well sold indeed. On the plus side, a really lovely 1968 Camaro RS coupe was a deal at $30,024, a sympathetically restored 1966 Chevelle hard top brought $37,800, and a mere $8,046 bought a very straight California blackplate '65 Mustang V8 coupe. Need to make a run for the border? Only $324 put you behind the wheel of a 1991 Ford Crown Vic. How can you beat that? One weekend later, Silver trav- eled to Texas, for its first-ever Dallas auction. The sale was held in con- 120 $200k $400k $600k $800k $1m junction with the Memory Road Classic Car Show at the Texas Motor Speedway; the show on the infield helped bring in interested participants. Early advertisements hinted at a possible 300 lots for sale, but Thursday night weather was horrendous, with tennis-ball-sized hail, massive rain, and possible tornadoes in the Dallas area. This probably didn't help to bring interested bidders in early for the Friday session, so the sale was postponed to start on Saturday instead. The field was a bit on the light side, with only 40 cars Portland Sales Totals in the auction for both Saturday and Sunday, but the selection was varied and interesting. Twenty-three lots were no sales on Saturday and ran again on Sunday, but only one of those re-runs found a new home. Of special interest was a 1940 Pontiac Woody wagon that was not show-ready but looked honest and mostly complete. It failed to sell at $52,000. The top sales were a 1938 Chevrolet coupe and a 1967 Camaro at $26,190 and $23,760, respectively. There were numerous “ready to drive” cars and a few viable projects that will undoubtedly be restored as well. The dry Texas climate meant solid chassis and floors, and that makes a great start for any restoration. I can't say if Mitch Silver found 2008 2007 2006 2005 2004 2003 2002 enough potential in Dallas for another shot next year, but if the stars (and the sun) align, perhaps he will return to find a more enthusiastic crowd. ♦ Sports Car Market 1938 Chevrolet coupe, sold at $26,190 Buyer's premium 8%, included in sold prices PORTLAND, OREGON Company Silver Auctions Date April 12, 2008 Auctioneer Mitch Silver & Bob Graham Automotive lots sold / offered 62 / 130 Sales rate 48% Sales total $823,770 High sale 1956 Lincoln Continental Mk II coupe, sold at $42,120 Buyer's premium 8%, included in sold prices

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Silver Auctions Dallas, TX DALLAS GERMAN #145-1980 MERCEDES 450SL convert- ible. S/N 10704412060628. Brown/tan vinyl/ tan leather. Odo: 72,189 miles. Several dents and issues with repaint. Dirty carpets and fading on seats, cracking wood on console, chrome well fitted and equipped with leather covered banjo wheel. Cond: 2+. SOLD AT $26,190. Driven 40 miles to the auction and it purred like a kitten. The owner stayed near the car and answered questions, and this result was likely in part due to that. A fair deal both ways. #133-1966 FORD MUSTANG convert- ible. S/N 6F08C220529. Dark green/white vinyl/black vinyl. Odo: 43,920 miles. 289-ci V8, 4-bbl, 4-sp. Lots of nicks and chips in repaint, wavy side panels, floor pans appear solid. Exterior chrome shows age, engine emblems missing, very faded carpets, pitting and rust cubic inch engine, which was in reality a 402 big-block rather than the 400 small-block. This looked like a good driver, if the fifth-wheel towing history didn't bother you. Well bought and sold. #150-1980 PONTIAC TRANS AM coupe. trim peeling on window switches. Some maintenance records included. Cond: 3-. SOLD AT $8,100. This was not bad but far from great. It could be a decent driver, but it was a but of a crap shoot. A market-correct price for condition. AMERICAN #148-1923 FORD T-bucket. Pearl White/ maroon vinyl. 350-ci V8, 4-bbl, auto. Some chips in paint on fiberglass body and both axles. Brass radiator with electric fan, chrome headers and side pipes. Bicycle wheels on front. Some pitting on chrome around wind- on interior chrome. No fender number stamp. Very dirty engine smells of gas. Tires cracking and gouged. Fitted with a/c. Cond: 3-. SOLD AT $14,040. Much was original here, including previous front fender repairs. A good starting project and bought well with that in mind. Some work and readily available parts and this car will sparkle. #147-1967 CHEVROLET CAMARO SS Replica coupe. S/N 123377N207965. Maroon/ black vinyl. Odo: 68,678 miles. 502-ci V8, 4-bbl, auto. Good paint is thick, chrome well done, cowl gaps wide. New interior with Hurst shifter, aluminum radiator with electric fan. Clutch pedal still installed and sitting on floor. top has deep cracks in numerous places. Wires hanging under dash, floor pans rusted through, hood release missing. Original a/c, radio, cruise control, and turbo not functioning correctly. Cond: 4-. SOLD AT $4,644. Bring it to sell with spilled RC cola dripping down the inside of the windows. This was the fright pig of the month... possibly even the year. A heavy silver neck chain special. Well sold. #131-1984 CHEVROLET CORVETTE shield. Cond: 3. SOLD AT $12,830. The least expensive and simplest hot rod there is. Super light weight with big V8 and no front brakes means drivers must always plan ahead. This one was in good shape for a driver, and the price paid was decent for both parties. #167-1938 CHEVROLET MASTER DELUXE coupe. S/N 5HA1211799. Black/ brown cloth. Odo: 17,871 miles. Older restoration with very shiny lacquer paint and good chrome. Nice chrome, trim, and glass, interior SS emblems on fenders incorrectly placed. Cond: 2-. SOLD AT $23,760. Card in window called this a “1967 Camaro Convertible RS tribute.” I'm not sure where that came from as there were no RS cues on the car. Aside from the SS fender emblem placement, this was a well done cruiser with plenty of power to spare. Well bought and sold. #165-1972 CHEVROLET CHEYENNE 20 pickup. S/N CCE242F362533. Maroon/black cloth & vinyl. Odo: 12,060 miles. 402-ci V8, 4-bbl, auto. Some chrome showing age. Newer metallic maroon paint with few flaws, bed has holes for fifth-wheel receptacle. Chrome and aluminum parts on big-block engine, factory a/c and tinted glass. Windshield chipped, driver's seat shows a small tear but has little wear. Cond: 2-. SOLD AT $15,390. The fenders stated this was supposed to have the 400 122 fitted. Very clean engine compartment, wear shows on driver's side seat bolster. Cond: 2. SOLD AT $17,388. It was entirely possible that the 17,606 miles indicated were original. Sold at $16,100 on Saturday and again at this price on Sunday, so the short term owner was able to gain quite a bit in his hours of ownership. Very well sold. ♦ Sports Car Market coupe. S/N 1G1AY0781E5146614. Black/ black leather. Odo: 17,606 miles. 350-ci 205hp fuel-injected V8, 4-sp. Paint shows lots of chips at front and some light scratching throughout, unmarked wheels with newer tires S/N 2X87TAN135001. White/white & black cloth & vinyl. Odo: 18,463 miles. 301-ci V8, 4bbl, auto. Bad panel fit and dull and dirty, paint dull, scratches on glass, missing weatherstrips. Filthy interior, door panels wrinkled and coming off, rear package tray and trim awful, dash

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'35 31/2 liter Bentley #B5EJ Body by Antem, design by Geoges Paulin for the first owner André Embiricos. Never restored, always used and maintained; well known to the club with fully documented history. '56 Tojeiro Jaguar #TAD 3/56-1/58 significant documented history, period FIA papers. Ready to go with E-type engine and gearbox; the short stroke 3 liter D type engine (twin plug, alloy) and period ZF gearbox included. Arnolt Bristol Delux Roadster Dark green with light pumpkin leather interior, nut and bolt restora tion, absolutely perfect. Allard K2 Roadster Cadillac powered with period speed equipment; a very nice original car perfect for any event or spirited Sunday drive. BB One Exports Raymond Milo, le Patron bbone@dslextreme.com cell 323.864.0999 8375 Hollywood Boulevard, Los Angeles, CA fax 323.654.8788 phone 323.656.7483 90069 By Appointment Only Please

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Silver Auctions Dallas, TX Recent Il Biscione sales on eBay Alfa Bits by Geoff Archer (All English within quotes exactly as presented by sellers on eBay.) #120260122315-1983 ALFA ROMEO SPIDER VELOCE convertible. S/N ZARBA5410D1017179. Red/black canvas/tan. Odo: 6,600 miles. 24 Photos. Exton, PA. 6,600 mi. Second owner explains, “shown at the 2004 National Alfa Romeo Convention in New Hampshire where it was a prize winner in the 1982–1994 Spider category. The September 2004 edition of the Alfa Owner PORTLAND ENGLISH #117-1976 JAGUAR XJ8C V8 Series II coupe. S/N UG2G51085. White/black vinyl/ black leather. Odo: 2,539 miles. 350-ci V8, 4bbl, auto. California car, straight body, decent paint, OK vinyl top, and some wear to seats. No rust. Scruffy underhood, later wiring with inline fuses. Bad touch-up on trunk, but remote CD player and fifth mag wheel for spare. Cond: 2-. SOLD AT $5,724. Sanitary Chevrolet V8 magazine documents this. The original window sticker, bill of sale, and title are documented as well.” Mechanically refreshed “by Glynn Motorsports in 2004.” 30 bids, sf 69, bf 267. Cond: 1. SOLD AT $12,950. Sale price seems just right. For less money people just keep bidding; for more money people would likely rather have a later car, sacrificing really low miles for refinement. #170138590031-1984 ALFA ROMEO SPIDER VELOCE convertible. S/N ZARBA5410E10198. Ivory/black canvas/tan leather. Odo: 30,200 miles. 24 Photos. Columbus, OH. Exotic car dealer seller says, “ORIGINAL OWNER PASSED ON AND HIS WIDOW TRADED FOR A NEW CAR BECAUSE SHE COULD NOT DRIVE A 5 SPEED. THIS CAR IS AS NEW AS A 23 YEAR OLD CAR CAN BE. NO DENTS, NO DINGS, NO SCRATCHES. LOOK AT THE INTERIOR. IT LOOKS LIKE THE SUN NEVER SHINED ON IT. NO conversion of an XJ12 coupe, possibly even by Warren Cavanaugh, who did dozens in the '70s and '80s. Looked to have a suitable crossover harness to connect the new engine's Delco electrics to the car's Lucas instruments, which is the real trick. Potentially a durable, stylish driver for absolute peanuts. Time will tell who won here. FADING. CARPETS FLAWLESS.” Top is faded, new muffler and brake lines fitted. Tach inop. “TYPICAL OIL SEEPAGE FROM THE ENGINE. O HUM. IT RUNS AND DRIVES LIKE AN ALFA SHOULD.” 11 bids, sf 53, bf 4. Cond: 2+. SOLD AT $11,488. Funny to me that a dealer did not dye the top, swap out the tach, and steam clean the engine. What did that honesty cost? A couple grand at most... and that is probably a bunch less than was made on the trade-in. A fair deal all around. #250225846658-1994 ALFA ROMEO SPIDER VELOCE convertible. S/N ZARBB32N7R7008457. Red/black vinyl/tan. Odo: 49,272 miles. 19 Photos. Richmond, VA. “#128 in a series of 190 made during the last year alfa was imported into the US... No rust, NORMAL wear on exterior, smooth top with clear window is exceptional. Interior is very good - normal wear in seats... No cracks in dash or on door panels... A/C and lighter work well, power ITALIAN #113-1974 ALFA ROMEO DUETTO Custom spider. S/N AK3046096. Red/black cloth/black vinyl. Odo: 87,392 miles. Bizarre restoration splices Duetto tail onto later Kammtail body, with revised front end. Straight panels, good top fit and interior, paint splotchy. Tires too big. Cond: 3-. SOLD AT $16,200. This car was advertised as an Alpha Romero, Factory orange peel and a ding or two, courtesy of the 83-year-old woman owner. Ghastly interior, detuned 280Z engine. Rust free. Looks to have been lightly used, garaged, and wellmaintained. Cond: 2-. SOLD AT $3,132. This car reminded me of the Glenn Close TV movie title “Sarah, Plain and Tall.” It definitely dated back to before the Japanese got it. If all you need is a grocery getter and don't mind driving all the available spares, this was probably a really good deal. Good luck getting your teenage daughter into it. AMERICAN #73-1963 CADILLAC COUPE DEVILLE 2-dr hard top. S/N 63J038048. White/pale blue. Odo: 30,822. 390-ci V8, 4-bbl, auto. One family owned over 20 years in Phoenix. Fitted with a/c, new brakes, steering box, tune-up and heater core (a horrible job to do). Left front and rear badly touched up, right rear and right front show rust bubbles. Scruffy carpet, worn driver's seat. Odometer has definitely rolled over at least once. Cond: 3-. SOLD AT $7,236. A good old driver with known history and some upside, as long as gas doesn't top $5 a gallon and the a/c has been changed to R134. Just drive it and don't get sucked into fixing it up. Well sold. #34-1965 BUICK RIVIERA 2-dr hard windows work fine. She drives great I run her year round but never in foul weather! Airbag light comes on intermittently, testing shows sensors are fine, so we believe it is a wiring issue.” 24 bids, sf 38, bf 1. Cond: 3+. SOLD AT $13,700. This bid surprised by a few grand. Despite the low production number for the final year, it wouldn't be hard to find a similar car without wacky (and potentially pricey) wiring. Well sold. ♦ 124 which should have been a clue. It must have been an incredible amount of work to change the tail and redesign the front end... what did Pininfarina know anyway? The buyer married this car and is living proof, as they used to tell me in the trade, that there IS a backside for every seat. Very well sold indeed, and the new owner had better stay away from Alfa clubs. JAPANESE #123-1977 DATSUN 810 4-dr sedan. S/N HLG810D09496. Maroon/red tartan cloth. Sports Car Market top. S/N 494475H931636. Red/tan vinyl. Odo: 88,056 miles. 425-ci V8, 4-bbl, auto. Freshlooking fluff-and-buff with so-so red paint over original gold. Newer vinyl interior, casually fitted dashpad, black rattle can everywhere under the hood. 1966 motor, nice chrome, tacky mirrors,

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Silver Auctions Portland, OR GS factory wheels, clamshell headlights. Cond: 3. SOLD AT $11,070. Time and money had obviously been applied here without much thought for the value of the original car. 1965s have their own following as they're the last of the original Riviera design. Finding a straight, solid car with working clamshell headlights would have made a purist very happy. Well sold. #115-1965 FORD MUSTANG coupe. S/N 5F07F1711969. White/blue vinyl. Odo: 86,942 miles. 260-ci V8, 2-bbl, auto. California black plate car out of San Rafael. Thick repaint over straight body, trunk seam bubbly at right rear. A Plain Jane with a cheesy third brake light hood-painted “400.” Clean engine bay has rattle-can touch-ups everywhere. Transmission cooler correctly installed. Cond: 3. SOLD AT $18,900. Somebody had a lot of fun building and driving this car (as well as all the other things you do in cars in high school.) I guess he's on his way to tech college with enough for a couple of year's tuition. The car, on the other hand, is repeating its senior year. #88-1971 CHEVROLET CAMARO added. New tires, broken antenna, accessory gauges, power steering and brakes. Cond: 3-. SOLD AT $8,046. An honest old driver that looked to have been in one family's hands for a long time. Well sold, but every part is available and it'll be cheap to run. No harm done. #58-1968 CHEVROLET CAMARO RS coupe. S/N 124378L329118. Red & black/ black vinyl/black vinyl. Odo: 108,103 miles. 327-ci V8, 4-bbl, auto. California car, Rally Sport option with hidden headlights and Tic Toc Tach. Console with gauges, original belts, rally wheels, new paint, new vinyl top. Fitted coupe. S/N 12487L501919. Caramel metallic/black vinyl. Odo: 68,970 miles. 350-ci V8, 4-bbl, auto. Good '70s color, fair finish on new paint, fitted with a/c and ps. Trim screwed on at left window, door fit horrible. Correct interior falling in, cracked rear shelf and dash, driver's to windshield, a/c does not work. Cond: 2. SOLD AT $6,858. A genuine original, but so what? Seals in the a/c will cost you about $400, and then you are facing 12 mpg anyway. This is destined to become a low rider somewhere along the way, I'm afraid, and the small-block 400 motor was not really a plus either. #111-1979 DODGE SPORTSMAN pickup. S/N F44CD8V740861. White/brown velour. Odo: 9,276 miles. Van/pickup fifth-wheel puller. Dually with useful pickup bed. Back seat folds down into bed. Access via glass shower door at side. Shag headliner, mood lighting (falling down), perfect for a truck stop rendezvous. Cond: 4. SOLD AT $2,160. The old dealer sticker on the windshield suggested it had spent time on somebody's back row. I could almost hear a significant other saying, “I told you you shouldn't have sold the trailer.” Must have been bought by a single (or soon to be) buyer. #48-1981 CHEVROLET CORVETTE seat recovered, passenger seat old. Looks correct underhood, if a bit scruffy. Cond: 3-. SOLD AT $6,156. Fluff-and-buff on an increasingly rare car, but for good reason. Doors sagged (didn't they all?), panel fit and chrome were correctly so-so. The new owner had better hope the a/c was changed over to R134 or that's a $400 bill. Now to grow a mullet and plug in Freebirrrrrd... Well sold. #125-1972 CHEVROLET IMPALA 2-dr with a/c, ps, and pb. Very clean engine. Cond: 1-. SOLD AT $30,024. A right car, and my favorite at the auction. It had been tastefully redone, but the seller wisely didn't update the idiosyncrasies (Powerglide and drum brakes). The original a/c was a real plus. Market-correct money and the buyer did well, while a number of other muscle cars failed to find new homes. #79-1969 BUICK GS convertible. S/N 446679H365490. Blue metallic/black vinyl/ black vinyl. Odo: 77,187 miles. 455-ci V8, 4-bbl, auto. Straight, sound driver-quality car. Metallic blue over pale blue, 455 engine instead of correct 400. Extra gauges, cheesy hard top. S/N 1M47R2C200876. Gold/tan vinyl/tan cloth. Odo: 16,452 miles. 400-ci V8, 4-bbl, auto. Nice original little old lady's car. Paint correct, with right-side scrapes on trim and a few dimples. Top excellent, very clean interior and engine compartment. Three chips coupe. S/N 1G1AY8768BSA17825. Red/gray vinyl. Odo: 3,238 miles. 350-ci 190-hp V8, 4-bbl, auto. So-so repaint with overspray showing throughout, even underhood. Panels delaminating, headlights up due to described vacuum issue, paint buffed through and front doesn't match driver's door, which fits poorly. Seat duct-taped, 50th anniversary badge is wrong. Alternator also claimed to have issues. This car owes nobody a dime. Cond: 3-. SOLD AT $5,292. Where to start? Perhaps the buyer has a nice '81 with a cracked block, or maybe it was totaled and needs a frame. Alternatively, maybe this is a movie prop for a down-at-heel lawyer, like William Hurt in “Body Heat”? That's it... “Body Heat II”: Hurt is released from prison and this is all he can afford.... Well sold. ♦ 126 Sports Car Market

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eBay Motors Online Sales Prancing Horses Shaq's ownership does nothing for the price here. You'd have to be the Pope or Steve McQueen to pull a crazy premium on eBay Report by Geoff Archer Market opinions in italics I t's no secret that Ferraris are on the up and up, marketwise. But that doesn't mean you still can't find the bargains. You just have to take off the Rosso Corsa-colored glasses. Condition inferred from seller's descriptions; cars were not physically examined by the author. All quoted material taken from the eBay listings. sf=seller's feedback; bf=buyer's feedback #310014955524-1962 FERRARI 250 GTO Replica coupe. S/N 3873. Silver/blue racing seats. Odo: 850 miles. 35 Photos. Jericho, NY. One of three “tributes” computer-designed and hand-fabricated, “using many rare factory components... Lord Paul Vestley of England, owner of S/N 4115 GTO commissioned Bob Smith in England to make an exact copy of 4115 (supposedly at a cost of around $1m) so that Vestley could vintage race without exposing 4115 to the Cond: 3+. SOLD AT $74,101. Price was correct at the time of sale, but it looks like this could be a six figure car by the time we get to Monterey in August.... #350047330699-1965 FERRARI 330 GT possibility of an accident...” Raced, banned, and subsequently issued FIA passport in 2005 (with five other “tribute” cars). 1 bid, sf 47, bf 0. Cond: 1. SOLD AT $2,500,000. One bid. Zero feedback (even a couple months after the auction). The buyer's account was opened during the auction, and his avatar is a picture of a marijuana plant. Yes, we do know what they were smoking, and I am going to guess it'll stay that way (i.e. they probably won't be smoking Avons up Lord March's driveway anytime soon). My guess is this deal was as real as the car. #200152165480-1965 FERRARI 330 GT 2+2 coupe. S/N 7023. Red/black leather. Odo: 30,450 miles. 24 Photos. Gaylordsville, CT. Knowledgeable seller says “the early ‘four headlight' look has become very desirable. This car is one of only 125 ‘Interim' Series One cars built with the desirable five speed. These were produced after 500 Series One cars with the earlier four speed with overdrive were built. Ferrari then made 460 Series Two ‘single-headlight' cars, for a total production of only 1,085.” Numbers matching, five Borranis, five-year-old paint, OK gaps, recent tune. 27 bids, sf 642, bf 2. 128 2+2 coupe. Bare metal. 12 Photos. Tucker, GA. “BODY PARTS ONLY! Body shell with frame and some suspension parts as shown in pictures. Although not pictured; the auction does include door shells and hood and trunk lids. No other parts are included in this auction. If you need spare panels for a 330 you checking on rear quarter and decklid. Excellent original chrome, stainless and trim. Excellent body fit. 4 very nice original Borrani laced aluminum wheels... Excellent original interior shows very little wear... Smooth, 3 Liter V-12 with Webers. One of only 350 cars built.” 8 bids, sf 13, bf private. Cond: 2. SOLD AT $595,100. Ten years ago a buddy of mine chose to pay off his small house rather than buy his dream Lusso. Personally, I feel bad about some of my own buy/sell decisions, but not THAT bad. The Lusso's rise has been so painful that he canceled his subscription to SCM just to shield himself from sales like this one. This was expensive for a #2 car, and was probably 10% high. I'll have to send him an email... #230244428420-1969 FERRARI 365 GT 2+2 coupe. S/N 365GT12647. Eng. # 11413GT. Red/ black. Odo: 15,000 km. 24 Photos. Independence, OR. “Made to look like a 330 LMB.” Preposterous custom bodywork is “all metal.” “EURO SPEC CAR HAS 15000 KILOMETERS. RUNS EXCELLENT, CAR SMOKES A BIT BUT HAS BEEN SITTING FOR OVER 15 YEARS, [nonoriginal] MOTOR HAS GREAT OIL PRESSURE AND THE MORE ITS RUN THE MORE THE should not let this opportunity pass.” 13 bids, sf 1009, bf 108. Cond: 4. SOLD AT $5,100. Here's the other side of the “tribute” coin; what do you do with this stuff? I say we cram it full of the biggest AMC V8 made and go win the Ridler award (Google “Ferrambo” if that seems an odd choice). Several hundred grand into that street rod build and it won't matter if this was a good price to pay for the inspiration. #160213057665-1965 FERRARI 250 GTL LUSSO coupe. S/N L5691. Red/tan leather. Odo: 49,050 miles. 8 Photos. Springfield, OH. “How many are left in the US in this condition?” Short description works out to about $6,000 per word. “Very good paint with some minor laquer RINGS ARE FREEING UP AND SMOKING LESS.” Extra parts, “INCLUDED WITH CAR 1 PAIR ORIGINAL FRONT BUMPERS, 1 FRONT FERRARI ORIGINAL BODY CLIP - 1 ORIGINAL GRILL AND EMBLEM. EASILY MADE BACK TO STOCK.” 22 bids, sf 592, bf 328. Cond: 3. SOLD AT $50,000. We are not quite to the point where undoing all these superfluous gills and ducts would be profitable... but we're not far off. In the meantime, let's go prank call Steve Earle about a race entry. Market price for an oddly accessorized driver (the car, not the buyer). #320158598276-1973 FERRARI 246 GTS Dino spyder. S/N 03794. Fly Yellow/black Sports Car Market

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Fresh Meat Online sales of contemporary cars. leather. Odo: 55,816 miles. 17 Photos & 1 Video. San Juan Capistrano, CA. “Equipped with electric windows, air conditioning and all five original wheels... This car is fully restored to as new condition is numbers match and all the mechanicals are totally fresh... comes with all books, records, and tools.” 1 Best Offer bid, sf 56, bf 37. Cond: 2+. SOLD AT $185,500. Brevity of description really called for some professional due diligence. This figure suggests a well restored example bought at a market price. #230241524759-1983 FERRARI 512 BBi coupe. S/N ZFFJA09B000044719. Red & black/black leather. Odo: 12,400 miles. 11 Photos. Parkdale, OR. “12,400 miles, ANSA exhaust with ceramic coated headers. Recent belt service & new clutch in 2006. All tools, books, records, manuals & warrenty card. Paint and full leather (no cloth inserts) in excellent condition. Dash protected by a custom cover. Plastic still on the door sills. A pristine car. The Reserve for this 512BBi has been reduced to wholesale. condition is just one word, “excellent.” 1 bid, sf 123, bf 37. Cond: 1. SOLD AT $650,000. If this car had been driven 50 miles per month its whole life (certainly possible in FL), then it is likely in fine fettle and worth every penny of this bid. If, on the other hand, it was parked after a Gumball and some Ferrari Club track days, this would be far too strong. Of course these are things one can't determine from photos on eBay, and the benefit of the doubt says market price. #260243401562-1995 FERRARI F355 coupe. S/N ZFFPR41A6S0100479. Burgundy metallic/tan leather. Odo: 25,356 miles. 24 Photos. Bowling Green, KY. “tubi exhaust, carbonfiber interior and 3 piece factory ferrari wheels. tires are almost brand new only driven less than 500 miles since i put them on last fall... missing one wheel center cap the dash leather Date sold: 05/20/2008 eBay auction ID: 170219222571 Seller eBay ID: iluxcars Sale Type: Used car, 2,502 miles Details: Triple black, Brushed Steel Package, teak decking, front/rear cameras, 21˝ wheels Sale result: $520,000, 2 bids, sf 0, bf 0. MSRP: $448,000 Other current offering: Herb Chambers Rolls Royce, Wayland, MA, www.herbchambers .com, asking $559,000 for black/cream car w/1,333 miles. 2006 Bentley Continental Flying Spur Dealers currently list Boxers similar to this one from $140K to $160K. Wake up!” 9 bids, sf 9, bf 108. Cond: 1. SOLD AT $109,000. Although it was late afternoon on a Thursday, and you'd figure lots of people would be awake then, this fine Boxer seems to have been traded in wholesale after all. A month later the winning bidder has three items up on eBay; a 456M GTA, a Rolex, and a Florida townhome with a 360 Modena out front. Translation: A the buyer's a seasoned Ferrari flipper and probably hit five-figure paydirt on the Boxer. #190175926829-1995 FERRARI F50 road- ster. S/N ZFFTA46B000104786. Red/black w/red inserts. Odo: 7,200 miles. 20 Photos. West Palm Beach, FL. Euro car. Salesy description is long on romance but short on info: “Here's your chance to own one of only 349 F50s made in celebration of Ferrari's 50th year in production. Inspired by Alain Prost's 1990 World Championship Ferrari F1 racecar, this automobile is the epitome of street legal Grand Prix performance.” The sum total of commentary on has some shrinkage (common with this model)... service was done and car is currently at the ferrari shop being serviced so it will be ready for the new owner, previous service included engine out total service, clutch etc.” 28 bids, sf 138, bf 134. Cond: 2-. SOLD AT $42,100. The seller provided his mechanic's contact info, and assuming that the call and the inspection checked out, this was 348 money for a 355. Nice buy. #330237294563-1997 FERRARI 456 GTA targa. S/N ZFFWP50A4V0106021. Light blue metallic/black leather. Odo: 15,442 miles. 27 Photos. Osage Beach, MO. “PREVIOUSLY OWNED BY SHAQUILLE ONEILL... CUSTOM REMOVABLE GLASS TOP... CUSTOM STEREO WITH GREAT SOUND SYSTEM, 19” HRE WHEELS. THE REAR SEAT BOTTOMS HAVE BEEN REMOVED FOR LONGER SEAT TRACKS. VERY (Descriptions exactly as presented by sellers, including non-stop capitalization and creative grammar.) 2008 Rolls-Royce Phantom Drophead Date sold: 05/25/2008 eBay auction ID: 250250421304 Seller eBay ID: european autoclub Seller:Motor Cars International, Nashville, TN, www.motorcarsint.com Sale Type: Used car, 38,210 miles Details: Blue over brown. 6.0L W12 makes 552 hp, 22˝ wheels Sale result: $100,000, 42 bids, sf 83, bf private. MSRP: $164,990 (2006) Other current offering: Towbin Motorcars, Las Vegas, NV, www.towbinmotorcars.com, asking $133,888 for black car w/20˝ wheels and 16,933 miles. 2007 Rolls-Royce Phantom EWB LOW ACTUAL MILEAGE OF 15,442 AND THE 15,000 MILE SERVICE HAS BEEN PERFORMED” 3 bids, sf 457, bf 3. Cond: 2. SOLD AT $64,000. Your Supra is in my Probe! Your Probe is in my Supra! Seriously, cutting the top off was a clever way to pack all of Shaq, and one would think that it adds a unique story and justifies modifications that would otherwise seem ill-advised. However, as we have seen so many times before, celebrity ownership does nothing for the price here. You'd have to be the Pope or Steve McQueen to pull a crazy premium on eBay. ♦ August 2008 Date sold: 03/25/2008 eBay auction ID: 330219677271 Seller: Brison Motors (dba Exotic Cars of Las Vegas), Las Vegas, NV, www.exoticcarsoflasvegas.com Sale Type: Used car, 7,235 miles Details: Black over cornsilk leather, 6.75L V12. “Heavily optioned” Sale result: $325,000, 1 “Best-Offer” bid, sf 7, bf private. MSRP: $471,600 Other current offering: Herb Chambers Rolls-Royce, Wayland, MA, www.herbchambers.com, asking $295,990 for black/gray car with 4,317 miles. ♦ 129

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Book Reviews Mark Wigginton One-Off of a One-Off It's a jaw-dropping tour through Buck's process and details a project 1,700 hours in the making Lancia 037: The development & rally history of a World Champion by Peter Collins, Veloce Publishing, 2008 220 pages, $58.36 at Amazon.com When rally rules were changed for 1982, the world changed. With the introduction of Group B rules, the gloves came off for manufacturers, who now could design almost anything as long as 200 road-going examples were made. To fight the dominant Audi Quattros, a team from Abarth—part of Lancia-Fiat—designed the 037. It was a mid-engined, supercharged beast. With Walter Röhrl driving, the 037 won the championship in 1983, but couldn't stay on top. Peter Collins chronicles the design, build, and racing of the iconic Lancia in a book filled with great photography, interviews, and behind-the-scenes action. Provenance:  Collins was asked to write this book by Sergio Limone, the designer of 037. This guaranteed access to the right materials and a high level of detail. Fit and finish:  Beautifully designed, with eye-popping photography and lots of it. Drivability:  A fun read in addition to being good history. Collins has a nice, light style, and the story is told in great detail with original sources. Ferrari 375 MM 0402 AM: In Miniature by Marshall L. Buck, Creative Miniature Associates, 2007, 44 pages, $79, Limited Edition of 200 Marshall Buck is renowned for his exact- ing, (insert your own string of superlatives here) models. In a world of mass-produced mediocrity, Buck's scratch-built, one-off or limited-edition models put him on a short list of craftsmen worldwide working at this level. In Miniature documents the creation of a 1:12-scale model built for Jon Shirley of the 1954 Ferrari 375 MM, also a one-off and also owned by Jon Shirley. It's a jaw-dropping tour through Buck's thought process, as well as the physical process, detailing a project that consumed 1,700 hours of his own time to create what he calls the “art of extreme detail.” Provenance:  Buck is devoted to accuracy at all levels, from the history of a car to the smallest detail (which is really small at 1:12). In Miniature is like getting a tour of the Spruce Goose by Howard Hughes. Fit and finish:  The book is simple and clean, though as exacting a craftsman as Buck may be, the book is computer-designed and lacks the polish and flair of a higher-volume book. Drivability:  A thin, barely perceptible membrane separates genius and madness. Depending on the light, you might not even notice the difference, as you take this tour through Buck's mind and process. 130 BRM V16: How Britain's auto makers built a Grand Prix car to beat the world by Karl Ludvigsen, Veloce Publishing, 2006, 96 pages, $26.56 at Amazon.com World War II ended in Europe in 1945, but the effects lingered in Britain long after. As motor racing returned, British Racing Motors audaciously attempted to create a world-beating car built around a 16-cylinder supercharged engine, and with it excite a nation. Led by Raymond Mays, the BRM project was funded by donations from the British public, including the boy who became author Karl Ludvigsen. While winning its first two exhibition races, the car only competed in four Grands Prix before the engine formula changed in 1954. In between, the story was of high expectations and lofty goals rarely met. Ludvigsen details the project from idea to collapse, filling the book with photos from his own library to support a well-told tale of plucky enthusiasm meeting hard racing reality. Provenance:  Ludvigsen's attention to detail is on every page. Densely written and exhaustively researched, BRM V16 includes engine drawings, images, and a lively sense of the time and people who took on the daunting challenge. Fit and finish:  Nicely reproduced photography is supported by clean design. Drivability:  Not just an important bit of history, this is also a readable story filled with larger-than-life characters. Sports Car Market

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Why Not Buy Smart? In the past few years, Corvettes have gone from being everyday drivers to highly collectible American classics. But with the huge number built, and the variety of options with which they were available, knowing what to buy and how much to pay is critically important. Keith Martin has augmented his topfl ight SCM staff with a well-known group of Corvette experts to bring you over 100 information-packed pages in every issue of Corvette Market. The incisive, take- no-prisoners approach to auction reports you expect from SCM continues in Corvette Market, with more than 100 Corvettes examined fi rst-hand in each issue. Exclusive to Corvette Market is an industry roundtable, where top dealers, collectors, and auction company principals give their opinions and advice on what is really going on in the market. You'll fi nd out if C1s have fi nished their run, or if they are still gathering strength. What is the real price differential for factory fuelies? How much more should you pay for a car with documentation, and more... “The must-read magazine for Corvette collectors” Subscribe Today! One Year Corvette Market (4 issues), plus bi-weekly Corvette Insider's email newsletter, $29.95. Subscribe online at www.vettemarket.com or call 1.800.810.7457

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Motobilia Carl Bomstead Time Traveling by Tootsietoy Finding any 50-year-old toy in unused condition is a treat, and the box appears to be undamaged, which is a big plus On no account unwrap the cars I recently found this Tootsietoy Auto Transport at a local garage sale. It was mixed in with some other stuff I bought, and I did not even notice it until I got home. The little cars have never been unwrapped and the box is in perfect condition. There are two cars on the bottom and one on top, along with the ramp. The box is marked #207. What do you think it is worth, and should I unwrap the cars?—Billy Ricter, Kerrville, TX Congratulations on a great fi nd. Finding any 50-year- The tale of the railway battle is worth more than the ad I found this Eastern Battery advert at a local antique store but can't fi nd any information on the piece or the company. It is on card stock and measures roughly 3.75″ high by 9.2″ wide. Any idea what it is worth?— Mark Padgett, Uxbridge, MA Mark, the only reference I could fi nd for Eastern Battery, which was manufactured by the Eastern Carbon Works, was in the January 1, 1902, issue of the New York Times. It seems the Newark & New York branch of the Central Railroad wanted to run a spur across the Eastern Carbon Works property in Jersey City and when permission was denied, they built it anyway, over the Christmas holidays. When the Carbon Works employees returned to work and found what had occurred, they turned fi re hoses on the railroad workers, blasting them with ice-cold water and sending them in full retreat, leaving their tools behind. The Carbon Works employees used the tools to dig up the spur and that was the end of that. As far as your piece, advertising from that era was, for the most part, painted metal or wood. Posters were on paper rather than card stock. Without seeing the piece, I'm going out on a limb and suggesting the original piece was a blotter and someone enlarged it and printed it on the heavier stock. If I'm close to correct, I'm afraid your piece is not worth much, but you can always tell your buddies about the fi re hose fi ght. old toy in unused condition is a treat, and the box appears to be undamaged, so that is a big plus. First off, I would under no circumstances unwrap the toy cars. They are untouched only once, so I would display them that way. As far as value, I did fi nd a Tootsietoy #207 Auto Transport that recently sold at auction for $180. It was the newer version of the trailer, but it had older packaging like yours, so I'm willing to bet they were married at a later date. The toy cars had been played with, so the set was not as desirable as yours. I would say yours is worth at least $300, if not more. ucker radios outnumber the cars themselves I found this Tucker radio at the recent Portland Swap Meet and was wondering what it was worth. I only d $75 for it and the old guy who had it said it was very rare, as they only made about 50 Tucker automobiles. ennis Ryerson, Jacksonville, OR ucker radios are much more common than the automobiles, as Preston Tucker was innovative in generat- unds for his struggling company. The SEC doubted he ever intended to manufacture the Tucker Torpedo, t restricted his ability to collect cash deposits on orders. nstead, Tucker required that an order be accompanied by an accessory order. The potential buyer could order a package that included seat covers or luggage, but both included the complete radio, which had all the mounting hardware, control cables, and box, along with the head. I doubt if any of the remaining 47 Tuckers are lacking a radio, and you indicate that you just purchased the control head, so it would not be of interest if they did need one. As such, yours is an interesting splay piece that should bring at least $200 to the right buyer. lia Carl Bomstead Time Traveling by Tootsietoy Finding any 50-year-old toy in unused condition is a treat, and the box appears to be undamaged, which is a big plus On no account unwrap the cars I recently found this Tootsietoy Auto Transport at a local garage sale. It was mixed in with some other stuff I bought, and I did not even notice it until I got home. The little cars have never been unwrapped and the box is in perfect condition. There are two cars on the bottom and one on top, along with the ramp. The box is marked #207. What do you think it is worth, and should I unwrap the cars?—Billy Ricter, Kerrville, TX Congratulations on a great fi nd. Finding any 50-year- The tale of the railway battle is worth more than the ad I found this Eastern Battery advert at a local antique store but can't fi nd any information on the piece or the company. It is on card stock and measures roughly 3.75″ high by 9.2″ wide. Any idea what it is worth?— Mark Padgett, Uxbridge, MA Mark, the only reference I could fi nd for Eastern Battery, which was manufactured by the Eastern Carbon Works, was in the January 1, 1902, issue of the New York Times. It seems the Newark & New York branch of the Central Railroad wanted to run a spur across the Eastern Carbon Works property in Jersey City and when permission was denied, they built it anyway, over the Christmas holidays. When the Carbon Works employees returned to work and found what had occurred, they turned fi re hoses on the railroad workers, blasting them with ice-cold water and sending them in full retreat, leaving their tools behind. The Carbon Works employees used the tools to dig up the spur and that was the end of that. As far as your piece, advertising from that era was, for the most part, painted metal or wood. Posters were on paper rather than card stock. Without seeing the piece, I'm going out on a limb and suggesting the original piece was a blotter and someone enlarged it and printed it on the heavier stock. If I'm close to correct, I'm afraid your piece is not worth much, but you can always tell your buddies about the fi re hose fi ght. old toy in unused condition is a treat, and the box appears to be undamaged, so that is a big plus. First off, I would under no circumstances unwrap the toy cars. They are untouched only once, so I would display them that way. As far as value, I did fi nd a Tootsietoy #207 Auto Transport that recently sold at auction for $180. It was the newer version of the trailer, but it had older packaging like yours, so I'm willing to bet they were married at a later date. The toy cars had been played with, so the set was not as desirable as yours. I would say yours is worth at least $300, if not more. ucker radios outnumber the cars themselves I found this Tucker radio at the recent Portland Swap Meet and was wondering what it was worth. I only d $75 for it and the old guy who had it said it was very rare, as they only made about 50 Tucker automobiles. ennis Ryerson, Jacksonville, OR ucker radios are much more common than the automobiles, as Preston Tucker was innovative in generat- unds for his struggling company. The SEC doubted he ever intended to manufacture the Tucker Torpedo, t restricted his ability to collect cash deposits on orders. nstead, Tucker required that an order be accompanied by an accessory order. The potential buyer could order a package that included seat covers or luggage, but both included the complete radio, which had all the mounting hardware, control cables, and box, along with the head. I doubt if any of the remaining 47 Tuckers are lacking a radio, and you indicate that you just pur- chased the control head, so it would not be of interest if they did need one. As such, yours is an interesting splay piece that should bring at least $200 to the right buyer. Sports Sports Car Market

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Bike Buys Ducati 750 SS Make That Ducati 750 $$ There's no such thing as a “matching-numbers” 750 SS (except by coincidence), but all '74 SSs begin with “075” by John L. Stein W ith Ferrari Lussos and Mercedes Gullwings spiraling toward $1 million, look no further than the 1974 Ducati 750 Super Sport to fulfill the equivalent two-wheel fantasy— at a tenth the price. Developed from Ducati's magical 1-2 sweep at the 1972 Imola 200, the 750 SS, also known as the “greenframe” for its aquamarine chassis, is still a relative bargain at around $100,000 and has every bit the provenance of its four-wheeled cousins. According to marque expert Ian Falloon, Ducati built 6,159 “round-case” (so named for their rounded outer engine covers) 748-cc, air-cooled V-twins with bevel-geardriven overhead camshafts between 1971 and 1974, but the most famous is the '74 750 SS patterned after the seven factory racers that went to Imola. Urban legend has it that just 200 of these “Imola replicas” were built in Ducati's race shop in January 1974, but more recent data acquisition by Falloon shows that 401 were eventually constructed. Engine as a structural member The engine uses a 90-degree V-angle 1972 Works Imola racer (foreground) and 1974 750 SS with vertically split aluminum cases, sleeved aluminum cylinders, and aluminum two-valve heads with a desmodromic system that mechanically closes the valves. The valvetrain, crankshaft, and gearbox were all hand-shimmed and are time consuming to set up, maintain, and rebuild. A steel frame uses the engine as a structural Perfect 750 SS owner: Is ready to sell—to you Rating (HHHHH is best): Fun to ride: HHHH Ease of maintenance: HHH Appreciation potential: HHHHH Attention getter: HHHHH Year produced: 1974 Number produced: 401 Original list price: $3,200 approx. SCM Valuation: $80,000–$120,000 Tune-up cost: $500–$700, including valve adjustment Engine: 748-cc, air-cooled SOHC desmo V-twin Transmission: 5-speed, wet clutch Weight: 396 lb wet Engine #: Top of crankcase behind rear cylinder Frame #: Left side gusset connecting engine mounts Colors: Silver bodywork, turquoise frame Web site: www.ducati.com SCM Investment Grade: A member, while the Marzocchi forks and swing-arm rear suspension provide a sporty ride (that's a kind description). Bodywork is fiberglass, with the fuel tank carrying a clear vertical stripe on each side (like the Imola racers) for quick fuel-level assessment. The 750 SS also features the first production use of triple disc brakes. Terrific and tragic qualities Like many Italian vehicles, the 750 SS possesses both terrific and tragic qualities. The smoothness, flexibility, and staccato bark of its V-twin engine are brilliant. Despite the 8,000-rpm redline on the Smiths tachometer, the engines have been known to withstand nearly 10,000 rpm in battle. Equally outstanding was the handling in its day, more stable and confident in fast corners than any other bike of the time. Lows were such trivialities as comfort, with a meagerly padded saddle, minimal shock travel, a long reach to the racing handlebars, and abysmal steering lock. Also, the silver paintwork was spotty and the build quality of the fairing, tank, fenders, side panels, and seat varied widely. Yet perhaps we should be thankful for the bike's weak points, because its noto- 134 riously leaky fuel cell, flaccid Scarab front brakes, and a Lockheed rear master cylinder that was inexplicably engineered to mount upside down often relegated it to the safety of the garage. Insist on knowing the chain of ownership If you're in the market for a 750 SS, take your time to learn about the model and find an expert to help guide you. And when you locate one, satisfy yourself that it hasn't been built up as a bitsa or brought back from the dead after a crash, and that it's a sound runner. Finally, insist on knowing the chain of ownership from new—and seeing proof. There's no such thing as a “matching-numbers” 750 SS (except by coincidence). While other period Ducati V-twins like the preceding 750 GT and 750 Sport used serial numbers such as “DM750753001,” the production '74 750 Super Sports are all known as “075” bikes, meaning the VIN always begins with “075.” Their engine descriptor also carries a “.1” final digit. For example, the 750 SS that gaveled for $117,000 at the May 2008 Bonhams & Butterfields auction in Half Moon Bay, California, has frame number DM750SS 075388 and engine number 075062 DM750.1. Its strong price can be attributed to proven single ownership. Fakes are fairly easy to spot Numerous bogus 750 Super Sports have been built, but they are usually fairly easy to spot. There should Sports Car Market Photos: Kevin Wing

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Confessions of a Greenframe Owner I'd been plodding about on my 350 Desmo quite happily in 1971 and '72, but as soon as I heard all about the Ducati Imola replicas, I had to have one. My 750 SS didn't turn up until after Le Mans in 1974, but after that I couldn't keep off it. Whilst the engine and gearbox were exemplary for the day, the brakes were crap. The finish was crude and vintage, which I loved, but I had to get Girlings on the rear with softer springs and re-valve the forks, as bumps and lumps unsettled the machine. And you definitely took your life in your own hands at night. I loved the see-through tank and bikini fairing, which helped in rain and hail. I used five-star petrol (101 octane) and changed out the Castrol GP50 often. TT100s were the tires to have then—they simply glued the bike to the street. But you did have to work hard at bending the bike in, and it took some muscle too. M. Hailwood, Esq., raced in endurance races with us a lot and reckoned the new '75 900 SS would be the thing to have… so I bought two of them new in crates and let the 750 go. Still, I never forgot that ol' greenframe. In fact, it's been on my mind ever since.—Alain de Cadenet, vintage car and bike racer, television commentator '72 Imola 200 winner Paul Smart aboard a 750 SS be no numbers on the steering head as on the 750 GT; instead the frame number was stamped on a gusset connecting the left-side engine mounts. Run away if: 1) The frame and engine numbers don't follow the above description; 2) You remove a valve cover and don't find polished rocker arms and desmodromic cams inside; 3) There are many new components or unexplained “restoration” work; 4) The seller offers no clear documentation of the bike's history. Green frame, blue chip Retailing for about $3,200 new, some Super Sports sat unwanted in their crates through 1975. In the early 1990s, they reached $15,000 to $20,000, jumped into the $40,000s in the early 2000s, and some pristine examples have sold for $100,000 or more in the last year, including the B&B bike. And I don't think we have seen the end of these value increases. The future seems bright for the '74 Ducati 750 SS. Ducati Motor Holding S.p.A. is alive and well as an iconic sportbike manufacturer, and inspired by one of racing's fairy tale stories—the 1-2 sweep at Imola in 1972—Super Sport “stock” has reached blue-chip status and now matches bikes like the Vincent Black Shadow. Motorcycles have long been undervalued compared to cars, and now the Ducati “greenframe” may be turning the tables. ♦ August 2008 135

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Mystery Photo Answers Comments With Your Renewal After all these years, I still get Moments before the ball of fire engulfed him, Ted thought, “I wonder how I'll get this damn snow off the windshield?” —Bill Orth, Ferrari of Denver RUNNER-UP: Although Maserati now translates its owner's manual into English, the text remains elusive.— Richard Baker, Vancouver, WA That was one hell of a party. My Maserati is still caked with blow.—Patrick Fisher, Portland, OR Well, Mario, now we know why all the other Valley entrants are driving Saabs and Volvos.—Dan Brenzel, Menlo Park, CA Heya Luigi! Getta' me some more olive oil, quick! She's a running, She's a running!— Christian Guthrie, Phoenix, AZ Take great care when feeding your Birdpoop Maserati.—Erik Olson, San Ramon, CA I wonder what would happen if I poured oil in the carburetor?—Joe Amft, Evanston, IL First day on the job and the boss tells me, “Fill up the red one, I converted it to bio-diesel.” I didn't realize he meant the pickup, and I never worked there again.—Roland Aviles, Brooklyn, NY So you're on the California Mille in your fakey-doo Maserati and it ain't runnin' right. What now?—Michael T. Lynch, Carmel, CA Just another one of those days when love of the sport endures above all else.—Peter Zimmermann, Bakersfield, CA Everybody has their own special sauce.—Bob Peterson, Brooks, GA I should've bought the damned yacht instead. Their events are held in the Caribbean.—Kick Wheeler, New Milford, CT Texas Pete's Maserati Red Hot Sauce: Good for what ails ya...—Lorrie Peterson, Brooks, GA Because he appreciates that the cars of the Trident are equal parts fire and ice, Bill Orth wins an official, soon-to-be-collectible Sports Car Market cap. ♦ a chuckle reading some of your comments in the auction section. Keep them coming.—R. Lincoln, Newport Beach, CA My pockets aren't deep enough for heavy involvement, but thanks for keeping me supplied with dream material.—B. Sinclair, Santa Barbara, CA Great read every month.—D. Greco, Bedford, NH Super car magazine for me, but can somebody please write nice things about Jaguar E-type SIII (V12) convertibles? Parts are readily available, and they are a fair price compromise. How about it?—M. Rushworth, Spring, TX I don't suppose you're trying to sell a Series III E-type, are you? As a boulevard cruiser, a well done one in the $60,000-range represents fair value. But their driving characteristics should not be confused with the earlier 6-cylinder sports cars.—KM Easy on the muscle cars. They are crude, uncomfortable, poorly built, and ugly drag machines. This is “Sports Car Market,” right?—C. Weahde, Plainfield, NH Variety is the spice of life. Keep ignoring the narrowminded by continuing to offer SCM's uniquely comprehensive coverage.—C. Clark, Pittsford, NY Don't hype the market.—M. Pinkus, Pleasantville, NY Are you trying to buy a red car built in Italy for cheap? Oops, too late, sorry.—KM Love the magazine, especially “Legal Files.”—M. James, Westmont, IL Don't change a thing.—J. This Month's Mystery Photo Response Deadline: July 25, 2008 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: mysteryph oto@sportscarmarket.com; snail mail: Mystery, P.O. Box 4797, Portland, OR 97208-4797. Please include your name and contact information. Send us your mystery photo. If we use it, you'll also get an official SCMcap. Email photos at 300 dpi in JPEG format. 136 Dawson, Columbus, OH Great magazine. Even more balanced than before (big money vs. affordable). Keep it coming.—J. Powers, Omaha, NE My favorite magazine to read each month, and I get a lot of magazines.—A. Cohen, Lakewood Ranch, FL Love it. Suggested columns/ articles: repair bills from hell or inopportune breakdowns.—D. Scott, Calistoga, CA Question: Have you ever had a repair bill from heaven, or an opportune breakdown?—KM You continue to be my go-to source for knowledge, excitement, and dreams.—W. Floyd, Snowmass Village, CO And thanks to all of you for your thoughtful comments and your renewals.—Keith Martin♦ Sports Car Market

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SCM Showcase Gallery Sell Your Car Here! Includes SCM website listing. Showcase Gallery Full-Color Photo Ad Just $44/month ($66 non-subscribers) Text-Only Classified Ad Just $15/month ($25 non-subscribers) 4 ways to submit your ad: Web: Visit sportscarmarket.com/classifieds-post.php to upload your photo (300 dpi jpg) and text, or text only. Secure online Visa/MC payments. E-mail: Send photo (300 dpi jpg) and text, or text only, to scmadvert@sportscarmarket .com. We will call for your VISA/MC. Fax: Attention Showcase, to 503.253.2234 with VISA/MC. Snailmail: Showcase, PO Box 4797, Portland, OR 97208-4797, with VISA/MC or check. 25 words max, subject to editing. Deadline: 1st of each month, one month prior to publication. Advertisers assume all liability for the content of their advertisements. The publisher of Sports Car Market Magazine is not responsible for any omissions, erroneous, false and/or misleading statements of its advertisers. Bare metal restoration to look great, drive and handle like new. Engine bay detailed for showing. Old English white, black leather. Spgrades. E-mail for 24 photos, written details and documentation. Jackson Brooks, author of Cars I Could've, Should've. Kept. $45,000. 970.669.0199. jackbrooks@frii.com 1966 Jaguar Roadster Gaudy money spent on spectacular restoration to way better than new condition. British Racing green, black interior. The best looking and driving TR we've seen in 20 years.$35,000. Matthew L. deGarmo Ltd. 203.852.1670, www.deGarmoLtd .com. (CT) 1974 Triumph TR6 English 1973 Alpine 1948 Jaguar Mk IV 6Cyl., 4-Speed, 34,000, Carmine Red, Biscuit. $110,000.00. Just had complete restoration by Solid Gold Classics. Perfect #1 condition. Plenty of pictures during restoriation. Matching numbers, heritage cert. 150 miles since restoration. Original hard top. Ronald Bosi, ronbosi@ronbosi.com 847.602.8602. Recently restored. 1600 S with 45 DCOE Webers. Traditional racing blue. Amazing performance. Missouri title. Delivery possible. $49,300. Jack. 800.886.2701 1955 Arnolt-MG Just relocated to Victoria and looking for an owner who loves to drive. Over $120,000 in receipts. This metallic purple beauty drives like a dream and can be yours for $50,000. Don Thonger 403.818.5224. thongerd@telus.net With its Ferrari flair and looks this rare Bertone bodied coupe is sure to be a hit everywhere it goes. Restored and reliable with multiple concours wins and awards. MG-TD chassis delivered new with optional 1500 engine. $78,500 Fantasy Junction, management@fantasyjunction.com; www.fantasyjunction.com. 510.653.7555. (CA) 1961 Bentley S2 Continental Park Ward Fresh, correct, frame-off restoration with C-spec head. A true pleasure to drive with a tight chassis, effective brakes and seamless, powerful engine. Louvered hood, hard tonneau, aluminum wheel rims, tools. $138,500. Fantasy Junction, manageme nt@fantasyjunction.com; www.fantasyjunction.com. 510.653.7555. (CA) 1954 Jaguar XK 120SE Roadster 1986 Jaguar XJ6 German 1961 Mercedes-Benz 300SL Roadster 1948 Jaguar, 3 ½ Liter DHC. Black and Burgandy, black leather. A very fine and beautiful LHD. California black plate car. $80,000. 818.763.1137. 1952 Jaguar XK 120 1971 Jaguar E-type Roadster Restored in California in early 90's. Driven summers only and meticulously cared for by two fussy owners since. Teal green, saddle leather. A really lovely car, ready to drive and enjoy. $18,500. Matthew L. deGarmo Ltd., 203.852.1670, www.deGarmoLtd .com. (CT) 1960 Mk II Jaguar. 87500, BRG, Black, B382002443LRXFE $56,900, Completely & professionally restored original car, with 3 tops, many & extras. One owner since 1978, 87,500 miles.Pictures at http://www .flickr.com/photos/a2carguy/ Conrad Zumhagen, a2carguy@comcast.net 734.645.5778 (MI) 1969 Triumph TR6 17,090 original miles.Probably the best original unrestored XJ6 in the country. Pristine original paint, interior, wheels, tires, etc. All books and records. Runs perfectly. A sure Preservation Class winner. Robert Koons, 215.988.3392, robert. koons@dbr.com. 1967 Sunbeam Mk 1A Roadster Open coach built, low mile Bentley in exquisite condition. Excellent compression. Recent work includes braking and cooling systems. Factory AC, tools and books. Records and ownership from 1968. $225,000 Fantasy Junction, management@fantasyjunction. com; www.fantasyjunction.com. 510.653.7555. (CA) This California car was given a complete frame-off restoration to a very high standard in 2004 and is in outstanding condition. It is an original numbers matching SE version and comes with a Heritage Trust Certificate and extensive documentation. Included is a set of matching luggage, an original tool kit and owners manual.$125,000. 540.951.0599 Superbly documented two owner, low mileage, disc brake car. All original including paint and leather. Black, red, all tools books. Call for details. Matthew L. deGarmo Ltd. 203.852.1670. Website: www .deGarmoLtd.com. (CT) 1987 Mercedes-Benz 560SL Convertible Removeable hard top, 2, 260 V8, 4 speed manual, 2, 5.6l V8, automatic, 49700, Blue, Gray, WDBBA48D1HA066310 $24000.00, All original with best color combination. Show quality. Part of a private collection. Soft and hard tops. Manuals. Pristine. Only serious inquiries Rosa Martinez, sariegorm@mac.com, 914.244.1674. 138 Sports Car Market

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SCM Showcase Gallery Italian 1988 Alfa Quadrifoglio Modern classic icon, 55k documented orig. miles. Maintained to perfection, runs and drives as new. CA. car, no rust ever. Simply beautiful to drive and look at. Incredibly these cars get 21-24 MPG as well! None better at any price. $7,900. 805.466.1015 or e-mail: automojo@hughes.net 1990 Cadillac Allante 61,000 mile Florida car. No rust, no excuses, everything works perfectly. Hard top, tools, maintenance records. Recent rebuilt gearbox. 941.379.6014; scohen@dmgthinks.com. $12,500. 1965 ASA 1000GT “Ferrarina” Beautiful condition. Just serviced and inspected. $9,800. www.shaffnerclassiccars.com or 717.932.1950. 1963 Corvette Convertible Rare model with superb original wood. Mint condition throughout. Great history. All options including Columbia rear end, original radio, heater. Show quality but fully sorted for real driving. Call for details. Matthew L. deGarmo Ltd., 203.852.1670, www.deGarmoLtd.com. (CT) Restored, Red w/Tan Interior. New England 1000 participant. 1 of 52 of this gorgeous little GT. Contact Bob 650.954.8320 or rjmxr750@aol.com, car located in California. 1957 Ferrari 250 GT Boano Numbers Matching 327/300 horsepower. 4 speed. Silver Blue. Dark Blue Interior. 2 tops. Completely Restored. $54,675.00. 941.320.9033. Period-built '50s Custom Roadster Special 1964 Ford Thunderbird Coupe Lots of chrome, Automatic, 54000, Azure Blue, Black. $17500.00 1964 marked the first year for the JET BIRD styling of Ford's Thunderbird. This 2 owner rust free California car is an excellent example showing only 53,000 original miles on the odometer, the car runs and drives as such. The interior is original as are all of the body panels though the car has received a proper re-spray. The paint is excellent in quality and shows extraordinarily well. The car runs and drives very well indeed and the engine compartment has been meticulously detailed. This is truly a nice car for either show or motoring. These late model 60 s Thunderbirds are bound to become the next great collectables. They are still reasonably priced, but are continuously appreciating in value. Good ones are hard to come-by. This is a really nice car! Frank had one and did he know STYLE! Dr. Richard Markell, equinevet2@msn.com, 760.942.2884. 1966 Shelby GT350 H s/n 0641 GT. Perhaps the finest Boano available. Stunning restoration of Low Roof model by Perfect Reflections. Multiple awards including Best of Show and People's Choice. Platinum at Cavallino 2004. $795,000 (New bright (4).jpg (2 MB)-Black/Bronze Fantasy Junction, management@fantasyjunction. com; www.fantasyjunction.com. 510.653.7555. (CA) Swiss 1949 Zimmerli Vauxhall Completely restored California car, original 383 4BBL, automatic, cold a/c, midnight blue, black vinyl top, beautiful blue interior, rust free. $24,900. Call 863.944.8615. One-off roadster hand made in Switzerland. Aluminum body over unique tubular chassis with Vauxhall ‘light six' drivetrain. Repaint in 2000 otherwise nicely preserved original with under 2400 km. Well documented history and older FIA documents. Will assist with shipping. Think Villa d'Este! $69,800. 248.723.9592, jwd4cdl@comcast.net. (MI) American 1995 Buick Roadsmaster 1936 Ford Phaeton Show Car. V-8 Ford Flathead, all steel and lead, original photos, great lines, runs excellent. Prepped for paint, this is one beautiful 50's Special. $18.5 obo. 805.466.1015. e-mail: automojo@hughes.net 1966 Dodge Charger The real deal and the best one on the planet. National concours level, and fully sorted for driving. 100% correct and authentic. Original black with gold stripes, correct original automatic transmission. Vintage A 1942 Ford Super Deluxe Woody Wagon $225,000. Matthew L. deGarmo Ltd. 203.852.1670, www.deGarmoLtd.com 2006 Spyker C8 Spyder Black with Ruby Leather, every option 750 miles. Spectacular as new car...Save $100,000! List $296,785. Why drive a dime a dozen Ferrari or Lambo? $196,785. Robert Zweben, 908.601.0288. (NJ) Race C- Sport Downs Engineering, all the best, 70k invested! Super car. Sold less engine (Hiabusa) $7,700 including spares! Great car, great deal. Please call Bill Hair 805.466.1015 or e-mail to: automojo@hughes.net Porsche 911SC Track Car Never hit, orig. paint, full SCCA cage, ported, stainless exhaust, sorted. Runs and drives as new. Fast, safe, reliable. Track ready today. This is the one to buy, no regrets. $14.5 Please call Bill Hair 805. 466.1015 or e-mail automojo@hughes.net. Advertising P g rints Spectacular California car. Restored to the highest standard and fully sorted for spirited V8 driving anywhere, anytime. Finished in dark blue, brown leather, beige top; all weather equipment. Mint condition, 100% correct. Matthew L. deGarmo Ltd. 203.852.1670, www.deGarmoLtd.com. (CT) 13" x 19"; Just $ $15 Available online at www.sportscarmarket.com 140 Sports Car Market

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RESOURCE DIRECTORY Advertise in the SCM Resource Directory. Call 877.219.2605 x211 for information, e-mail: scmadvert@sportscarmarket.com. Auction Companies Artcurial-Briest-Poulain-Le Fur. 33.1.4299202, 33.1.42292021. Maison de vente aux enchères, 7, Rond-Point des Champs Elysées, 75008 Paris. artcurial@auction.fr www.artcurial .com. (FR) Bonhams. +, +44.207.585.0830. Montpelier St., Knightsbridge, London, SW7 1HH. www.bonhams.com. (UK) Bonhams & Butterfi elds. 415.391.4000, 415.391.4040. 220 San Bruno Avenue, San Francisco, CA 94103 www.butterfi elds.com. (CA) RM Auctions, Inc.. 800.211.4371, Branson Collector Car Auction. 800.335.3063, 417.336.5616. 1316 W. Hwy. 76, Suite 199, Branson, MO 65616. www.bransonauction.com. (MO) 519.351.1337. Our team of highly qualifi ed professionals with over 25 years of experience will perform complete classic car collection appraisals. Your collection will be assessed by superior appraisers who are exceptionally detailed and want you to get the most value from your collection. RM is the world's largest vintage automobile house specializing in vintage automobile restoration, auctions and appraisals. www.rmauctions.com. (CAN) Russo and Steele Collector AutoCarlisle Collector Car Auctions. 717.243.7855, 1000 Bryn Mawr Road, Carlisle, PA 17013. Spring and Fall Auctions. High-line cars cross the block. Hundreds of muscle cars, antique, collector, and special-interest cars, trucks, and motorcycles. Real Cars. Real Prices. www.carlisleauctions.com. (PA) eBay Motors. List your car for sale for only $40 and pay $40 more when it sells. Visit the “Services” section on www.ebaymotors.com for more details. www.ebaymotors.com. Silver Auctions. 800.255.4485, 2020 N. Monroe, Spokane, WA 99205. silver@silverauctions.com. www.silverauctions.com. (WA) mobiles. 602.252.2697, 602.252.6260. 5230 South 39th Street, Phoenix AZ 85040. info@russoandsteele.com; www.russoandsteele.com. (AZ) Santiago Collector Car Auctions. 405.475.5079, 501 E. Britton Rd., Oklahoma City, OK 73114. Rocky: rockydb5@sbcglobal.net. (OK) Moines, Carlisle, and Chicago. Nobody Sells More Muscle Than Mecum. Nobody. www.mecumauction.com. (IL) Palm Springs Auctions Inc. Keith McCormick. 760.320.3290, 760.323.7031. 244 N. Indian Canyon Dr., Palm Springs, CA 92262 www.classic-carauction.com. (CA) American and want you to get the most value from your collection. RM is the world's largest vintage automobile house specializing in vintage automobile restoration, auctions and appraisals. www.rmauctions.com. (CAN) Legendary Motorcar Company. 905.875.4700, North America's premier muscle car center, specialize in restoring and trading the fi nest and rarest American muscle cars. We are the home of Speed TV's “Dream Car Garage.: We are a professional, discreet, and fair buyer for your quality American Muscle. www.legendary-motorcar.com. (ON) Shelby American Automotobile Club. 860.364.0449, 860.364.0769. PO Box 788, Sharon, CT 06069. Over 5,000 members, 50 regions throughout the world. Dedicated to the care and preservation of the cars that Carroll Shelby produced. Two national conventions a year, semi-annual magazine, bi-monthly newsletter as well as a registry. (CT) Appraisals USAppraisal. 703.759.9100, Over 25 years experience with collector automobiles, available nationwide. David H. Kinney, ASA (Accredited Senior Appraiser, American Society of Appraisers). dhkinney@usappraisal.com toll free: at 800.872.7772 www .usappraisal.com. (VA) Automobilia Steve Austin's Automobilia & Great Vacations. 800.452.8434, European Car Collector tours including Monaco & Goodwood Historics, private collections, and car manufacturers. Automobile Art importer of legendary artists Alfredo de la Maria and Nicholas Watts. www.steveaustinsgreatvacations.com. Buy/Sell/General Auto Appraisal Group. Gooding & Company. 310.899.1960, 310.899.0930. Gooding & Company offers the rarest examples of collector vehicles at the most prestigious auction venues to its international clientele. Our team of well qualifi ed experts will advise you on current market values. Gooding & Company presents the offi cial auction of the famed Pebble Beach Concours d'Elegance in August and record-setting Scottsdale Auction in January. www.goodingco.com. (CA) H&H Classic Auctions. +44.01925.730630, +44.01925.730830. Whitegate Farm, Hatton, Cheshire WA4 4BZ England. www.classic-auctions.com. (UK) ‘The Worldwide Group. 866.273.6394, Established by John Kruse and Rod C. Egan, The Worldwide Group— Auctioneers, Appraisers and Brokers —is one of the world's premier auction houses, specializing in the procurement and sale of the world's fi nest automobiles and vintage watercraft. www.wwgauctions.com. (TX) Tom Mack Classics. 888.TOM. MACK, PO Box 1766, Indian Trail, NC 28079. Three annual auctions in Charlotte, NC: April, September, and January. Selling Southern muscle, collector, and antique cars with experience and integrity for 24 years. North Carolina auction license 4017. www.tommackclassics.com. (NC) Mecum Collector Car Auction- eers. 815.568.8888, 815.568.6615. 950 Greenlee St., Marengo, IL 60015. Auctions: Orlando, Kansas City, Rockford, Bloomington Gold, St. Paul, Des Alfa Romeo Jon Norman's Alfa Parts. 510.524.3636, 1221 Fourth Street, Berkley, CA 94710. Large selection of parts from 1900 series to Milano. Effi cient, personal service. 510.525.9435. (CA) 142 800.848.2886, Offi ces located nationwide. Pre-purchase inspection service, insurance matters, charitable donations, resale vales, estates, expert witness testimony. On-site inspection. Certifi ed, confi dential, prompt, professional. “Not just one man's opinion of value.” See web site for locations and service descriptions. www.autoappraisal.com. California Dream Cars Appraisals. 888.314.3366, Over 30 years experience in Southern California appraising classic, antique, special interest, muscle and custom to current-year models. Specializing in pre-purchase inspections, stated value insurance appraisals, insurance disputes, and expert witness testimony. For more info, visit our web site. www.caldreamcars.net. (CA) 2shores International. 49.5691.912460, 49.5691.912480. Take advantage of the strong Euro and let us market your car in Europe! Based in Germany, working worldwide. Connecting buyers and sellers of collectible automobiles in a global marketplace since 1990. We put our market knowledge to work for you. Your trusted partner in Europe! Call Jurgen today! www.2-shores-classics.com. (DE) Brighton Motorsports. Gooding & Company. 310.899.1960, Gooding & Company's experts are well qualifi ed to appraise automotive and collectible estates. Whether it is the creation of a foundation, living trust, or arrangement of a charitable donation, we are able to help you. www.goodingco.com. (CA) 480.483.4682, Brighton Motorsports, Scottsdale Arizona is a unique dealership specializing in Vintage European and American Collector Cars with their Sales/Showroom and Mechanical Repair facility in the heart of Scottsdale's legendary auction arena. They also have a state of the art paint & body shop specially equipped to do all levels of repair and restoration just down the road, creating a one stop shop for the avid car enthusiast. www.brightonmotorsports.com. (AZ) RM Auctions, Inc.. 800.211.4371, 519.351.1337. Our team of highly qualifi ed professionals with over 25 years of experience will perform complete classic car collection appraisals. Your collection will be assessed by superior appraisers who are exceptionally detailed Classic Showcase. 760.758.6199, 760.758.0600. sales 760.758.6100.Full- Sports Car Market

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service restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fi t; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase. com www.classicshowcase.com. (CA) cure storage at appropriate temperature and humidity levels. We also offer our CarCare program, designed to protect your automobile from the damage that can occur when it is idle. www .thecarcierge.com. (FL) the full amount. No prorated claims, no hassles, no games. www.hagerty .com. (MI) service, repair, and restoration. From an oil change to a concours-winning restoration, we do it all. Modern upgrades for power steering, window motors, fuel systems, and more. Feltham Fast performance parts in stock. We also cater to all British and European cars and motorcycles. www.kevinkayrestorations.net. (CA) Heacock Classic. 800.678.5173, We Woodies USA. 480.694.7929, We Family Classics. 949.496.3000, Our showroom houses some of the world's most prized classic cars, hot rods, muscle cars, and modern exotics. If we don't have what you want, check backor tel us what you want. We're equipped to fi nd numbers matching 100-point restorations, low-mileage survivors or just beautiful, reliable drivers. www .familyclassiccars.com. buy and sell great woodies - hundreds to date. If you are buying or selling give us a call. We can help. Woodies are fun! Every car collection should have at least one. Located in Scottsdale, Arizona. www.woodiesusa.com. (AZ) Classic Car Transport Intercity Lines, Inc.. 800.221.3936, Legendary Motorcar Company. 905.875.4700, North America's premier muscle car center, specialized in restoring and trading the fi nest and rarest American muscle. Our 55,000 sq. ft facility and 100 car showroom is the ultimate car heaven and the home of Speed TV's “Dream Car Garage.” www.legendarymotorcar.com. (ON) 413.436.9422. Rapid, hassle-free, coastto-coast service. Insured enclosed transport for your valuable car at affordable prices. State-of-the-art satellite transport tracking. Complete service for vintage races, auctions, relocations. www.intercity.lines.com. (MA) 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) Motor Auto Express, Inc.. Park Place LTD. 425.562.1000, Park Place LTD is the West Coast's largest luxury, sports and special interest auto dealership. We're an authorized dealer for Aston Martin, Lotus, Spyker, Shelby, Superformance, and Speedster Recreations and carry collector and special interest vehicles of all kinds. 20 years in the business and familyowned; Park Place LTD is driven to excellence. www.ParkPlaceLTD.com. 360.661.1734, Enclosed Transport. MAX cares for what you care for. We offer Personal, Private, Professional services with liftgate loading for your vehicles. Please contact Randy McKinley, Owner. maxiet@gmail.com. (WA) Collector Car Insurance JC Taylor. 800.345.8290, Antique, classic, muscle or modifi ed-J.C. Taylor Insurance will provide dependable, dynamic, affordable protection for your collector vehicle. Agreed Value Coverage in the continental U.S., even Alaska. Drive Through Time With Peace of Mind with J.C. Taylor Insurance. Get a FREE instant quote online. www.JCTaylor.com. (PA) Motor Sport Personal Accident Coverage. 441.297.9439, 441.296.2543. Email, mcooke@evolution.bm. Limits up to $1,000,000 including accident medical and helicopter evacuation. Comp Capital Ltd. can obtain coverage at competive rates including drivers over the age of 65. Either 12 month policy covering a whole season and or for specifi c events. Please contact Mark Cooke and or Kevin Way. English T. Rutlands. 800.638.1444, The largest independent Ferrari parts source in the business. Our vast inventory includes new, used and rebuilt parts for vintage and contemporary Ferraris. Buy your parts where the Ferrari shops do. Now, shop 24/7 at www.TRutlands .com www.TRutlands.com. (GA) Garage/Tools Baldhead Cabinet Company. 877.966.2253, Offering a fi ne selection of quality metal garage cabinets suitable for shop and residential garage applications. SS and custom colors available. Many modules to choose from. Call for a custom quote and drawing. See ad in this issue. www .baldheadcabinets.com. (CA) understand the passion and needs of the classic car owner; agreed value, one liability charge, 24-hour claim service and paying by credit card. We provide classic car insurance at rates people can afford! Instant quotes at www.heacockclassic.com. www.heacockclassic .com. (FL) Ferrari/Maserati/Lamborghini Randy Simon. 310.274.7440, 310.274.9809. I constantly collect and sell all Ferraris, Maseratis, and Lamborghinis. If I don't have what you seek, I can usually fi nd it for you (at low prices). Please call anytime for straight advice on the market. Finder's fee gladly paid. simonrandy@aol.com (CA) Grundy Worldwide. 800.338.4005, Paul Russell and Company. 978.768.6092, 978.768.3525. Since 1978, offering restoration and sales of classic European sports and touring models from pre-war through 1960s. Successfully brokering MercedesBenz, Ferrari, Porsche, Jaguar, BMW, Alfa Romeo. Guidance given with emphasis on building long-term relationships. Sales Manager Alex Finigan: Alex@paulrussell.com www.paulrussell.com. (MA) With 60 years of experience in servicing and preserving the collector vehicle hobby, Grundy provides “The Gold Standard” of insurance, offering the most options to you: Agreed Value, No Model Year Limitation, Unlimited Mileage, and coverage options for Spare Parts, Trip Interruption, Towing and Labor Costs, Infl ation Guard, and Auto Show Medical Reimbursement. Fast, immediate quotes. www.grundy .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) Racehouse Design. 541.330.8766, GARAGE DESIGN PLANS FOR SALE. Racehouse Design has four portfolios of garage designs: “SPEEDCLUB GARAGES”, “COACH QUARTERS”, “CLASSIC GARAGES”, and “CAR COTTAGES”. Each plan is professionally designed by Lawren Duncan, Designer and Race Enthusiast. www.racehousedesign.com. (OR) German Doc's Jags. 480.951.0777, Hagerty Collector Car Insurance. The Carcierge. 561.241.6696, 561.241.6613. At The Carcierge, our facility has been designed to provide se- August 2008 800.922.4050, Collector cars aren't like their late-model counterparts. These classics actually appreciate in value so standard market policies that cost signifi cantly more won't do the job. We'll agree on a fair value and cover you for 480.951.3339. Restoration Center 623.869.8777. 23047 N. 15 Lane, Phoenix, AZ. 85027. The world's BIGGEST and BEST Jaguar Web site. #1 in Jaguars WORLDWIDE. Largest inventory of all models. Ask for “DOC.” Email doc@docsjags.com www.docsjags .com. (AZ) Kevin Kay Restorations. 530.241.8337, 1530 Charles Drive, Redding, CA 96003. Aston Martin parts, Classic Showcase. 760.758.6199, 760.758.0600. sales 760.758.6100.Fullservice restorations. 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RESOURCE DIRECTORY Advertise in the SCM Resource Directory. Call 877.219.2605 x211 for information, e-mail: scmadvert@sportscarmarket.com. classics. Superb fi t; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase .com www.classicshowcase.com. (CA) Import/Export Cosdel. 415.777.2000, 415.543.5112 fax. Don't puzzle over your shipping needs. We are your solution. Martin E. Button, Inc./Cosdel International Transportation, 55 New Montgomery Street,San Francisco, CA 94105. The Import-Export Expert. www.cosdel .com; info@cosdel.com. (CA) Inspections The Healey Werks. 800.251.2113, Automobile Inspections LLC.. 860.456.4048, “When you need the job done right.” The nation's premier provider of pre-purchase inspections on classic, exotic and specialty cars of any year, anywhere in the USA or Canada. Fast 72-hour turnaround! Hartford, CT. www.automobileinspections.com. (CT) Parts and Accessories 712.944.4940. Premier automobile restoration company specializing in exotic, European and classic cars. Complete structural and body reconstruction, upholstery, world-class paint/refi nishing, engineering, prototyping and mechanical services. Transport and logistical services available. www.healeywerks .com. (IA) Sports and Competition Morris and Welford. 714.434.856 Griot's Garage. 800.345.5789, The ultimate online store for automotive accessories and car care products. www .griotsgarage.com. (WA) Restoration - General RM Auctions, Inc.. 800.211.4371, Doc's Jags. 480.951.0777, 480.951.3339. Restoration Center 623.869.8777. 23047 N. 15 Lane, Phoenix, AZ. 85027. The world's BIGGEST and BEST Jaguar Web site. #1 in Jaguars WORLDWIDE. Largest inventory of all models. Ask for “DOC.” Email doc@docsjags.com www.docsjags .com. (AZ) 519.351.1337. Our team of highly qualifi ed professionals with over 25 years of experience will perform complete classic car collection appraisals. Your collection will be assessed by superior appraisers who are exceptionally detailed and want you to get the most value from your collection. RM is the world's largest vintage automobile house specializing in vintage automobile restoration, auctions and appraisals. www.rmauctions.com. (CAN) Tires 2/203.222.3862, We operate an international specialist historic car consultancy and brokerage company based on both the East/West Coasts of the US and the UK offering specialist brokerage services of important historic cars to buyers and sellers throughout the world. www.morrisandwelford.com. (CA/CT/United Kingdom) Performance Restoration. 440.968.3655, High-quality paint, body, mechanical service. Discreet installation of a/c, cruise control, superchargers. Stock restorations done to exacting standards. Clean, well-equipped shop. Near I-90 since '96. We fi nish your projects. supercharged@alltel .net. (OH) tributor! Contact us for Best Pricing on all Classic Tires. Only Oldies Specializes in all Classic Service from Pre-war - 60's Muscle. We Don't Restore 'em… We Keep ‘em Running Right. www .onlyoldiesgarage.com. (AZ) Vintage Events October 2008. This six-day luxury tour of Southern California includes exceptional muscle cars, exclusive activities, exquisite dinners, premium hotels, great friends, and fi ne wine. We're covering Orange County, San Diego, Palm Desert, Lake Arrowhead, Beverly Hills, and a great deal in between. Reserved for 1964-73 American muscle cars, 1962–68 Cobras, 1955–73 Corvettes. Apply early, as space is limited. www .musclecar1000.com. (CA) ♦ Muscle Car 1000. 949.838.7076, Legendary Motorcar Company. 905.875.4700, You may have seen our award winning, show quality restoration. Our 55,000 sq ft facility is specialized in extreme high-end restorations of rare American muscle cars. www. legendary-motorcar.com. (ON) Only Oldies Garage. 480.966.9887, The Southwests Only Coker Tire Dis- 144 Sports Car Market

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Carl Bomstead eWatch Oilzum's $15,000 Bargain AC sparkplug “birds” in the hand, tire signs 2-for-1, cut-away car perfect for school, top-priming plug is rare find Thought Carl's If you think car stuff gets a little wacky, how about the guy who paid $175,100 for the Boston Red Sox David Ortiz jersey that was buried in the new Yankee stadium? The rivalry between the Boston Red Sox and the Yankees is the oldest and most intense between any professional sports teams. When it was discovered that a worker had “cursed” the new Yankee stadium by burying Ortiz's jersey in the foundation, that was more than any self-respecting Yankee fan could tolerate. The offending jersey was retrieved on April 12 of this year and donated to the Jimmy Fund, which in turn offered it on eBay. After 282 bids, it sold for $175,100, which seems like a bunch, but how much is too much to save the Yankees from a dreaded Red Sox curse? Well, the removal of Ortiz's jersey didn't seem to work; as of this writing the Yankees are still mired in the cellar. Here are a few other pieces that won't cure a “curse” but are rather cool. EBAY #150246475233—VINTAGE TOP PRIMING EBAY LIVE #1102424944963—1920S TIN HOOD TIRE SIGN. Number of Bids: 3. SOLD AT: $805. Date Sold: 5/03/2008. This was offered by Mastro Auctions as lot 2367 and included another porcelain tire sign. The Hood Tire sign had a crease on one corner that detracted from its value. Still, it was a great buy, as we reported on the sale of an identical sign in better condition in SCM's July “Motobilia” column. That one sold for $5,225, so this buyer scored two decent signs for less than a fifth of the money. SPARK PLUG. Number of Bids: 15. SOLD AT: $653.57. Date Sold: 5/18/2008. This plug has a priming cup at the top that you pour gas into and then turn the lever, which allows the gas to pour into the cylinder. Most priming plugs have the priming cup on the side, so this is a very rare variation. A buddy who is a serious plug collector bought the plug and mentioned that of the thousands of plugs in his collection, this will be only the second top priming one he has had the opportunity to acquire. EBAY LIVE #180227217919—CUTAWAY MODEL OF AN AUTOMOBILE. Number of Bids: 40. SOLD AT: $3,120. Date Sold: 5/03/2008. This was sold by Rich Penn Auctions as lot 640 and was a working model of a cut-away automobile, 54 inches in length. The generic car dates to the 1940s and shows the engine, brakes, drivetrain, and stick-shift transmission, all working off an electric motor. It's an interesting period piece that belongs in a school somewhere so kids can learn how “real” cars operate. EBAY #40229127800—1938 OILZUM MOTOR OILS 24″ PORCELAIN SIGN. Number of Bids: 13, SOLD AT: $15,000. Date Sold: 5/14/2008. These double-sided signs are extremely desirable, and this one was in phenomenal condition. The Oilzum slogan, “If motors could speak we wouldn't need to advertise,” was catchy and the striking black and orange colors add to the desirability of the piece. We've seen average signs with dings and bruises sell for about $5,000, so chalk the other $10,000 to condition. I bet the buyer never loses a nickel on this one. EBAY #120255885844—FORD MOTOR COMPANY FARGO, EBAY #220232205401—1960S AC SPARKPLUG ADVERTISING DISPLAY. Number of Bids: 22. SOLD AT: $494.99. Date Sold: 5/13/2008. This was a unique “birdcage” display that stated, “These Birds Were Caught Stealing Gas and Replaced With AC Sparkplugs.” The “birds” in the cage were original AC C7 plugs. The display was in decent condition, and the “birds” are frequently missing. Considering that the display was complete, I have to say it sold for a most reasonable price. NORTH DAKOTA, EMPLOYEE BADGE. Number of Bids: 15. SOLD AT: $566.78. Date Sold: 5/07/2008. The Ford Building in Fargo, ND, was built in 1915 and employed as many as 200 workers. Fords were assembled there and then loaded directly onto railroad cars for delivery throughout the Midwest. The building was sold by Ford in 1979. This was a rare employee badge and the Ford guys—not known for throwing their money around—dug deep. EBAY #360047226570—GIORDANI FERRARI PEDAL CAR. Number of Bids: 32. SOLD AT: $1,050. Date Sold: 5/04/2008. This pedal car was 52 inches long and was inspired by the F2 racers from the mid-1950s. It had decent paint and decals, but the STP sticker was not original. It was missing the grille and windshield, so it sold for well under the going rate. American Retro currently manufactures a similar pedal car with a price of $359 plus shipping, but it lacks the character of this one. I hope the buyer has some source for the missing parts. ♦ 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 POSTMASTER paid at Portland, OR, and at additional mailing offices. Subscription rates are $58 for 12 monthly issues in the US, $78 Canada/Mexico, Europe $88, Asia/Africa/Middle East $98. Subscriptions are payable in advance in US currency. Make checks to: Sports Car Market. Visa/MC accepted. For instant subscription, call 24-hours 800.289.2819, 503.261.0555; fax 503.253.2234; www.sportscarmarket.com. 146 Send address changes to: Sports Car Market PO Box 4797, Portland, OR 97208 CPC IPM Sales Agreement No. 1296205 Sports Car Market