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Sports Car Market 4 Cylinders, $4m Insider's View: Jaguar E-type at 50 208 Collector Cars Rated Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends 1957 500 TRC Special Report: $4.5m Bertone Collection Sale Collector Car Funds: A Market Changer? DIGITAL EXCLUSIVE! FEATURING VIDEOS OF SELECT VEHICLES CLASSIC CAR MAGAZINE IN THE VOTED THE BEST 2011 WORLD www.about.com

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Sports Car Market Keith Martin's JOIN US The Insider's Guide to Collecting, Investing, Values, and Trends 54 1957 Ferrari 500 TRC Spider August 2011 . Volume 23 . Number 8 58 1963 Aston Martin DB4 Convertible IN-DEPTH PROFILES What You Need To Know FERRARI (VIDEO) 54 1957 Ferrari 500 TRC Spider by Scaglietti—$3,986,360/RM How do you put a value on a car when there were only 19 of them ever made, and they almost never come to market? Steve Ahlgrim ENGLISH (VIDEO) 58 1963 Aston Martin DB4 Convertible Barn Find —$502,405/Bonhams The numbers looked scary for this unmolested ‘barn-find,' but judging by recent prices—and what it would cost to put this car back on the road—they do stack up Paul Hardiman ETCETERINI (VIDEO) 60 1970 Lancia Stratos HF Zero—$1,084,290/RM This car was the star of the Bertone Collection sale at RM's Villa d'Este auction, bringing in one-quarter of the nearly $4.5m total Donald Osborne GERMAN (VIDEO) 70 1957 Porsche 356A 1600 S “Super” Speedster —$162,500/Worldwide As late as the early 1980s, “experts” recommended cabriolets over Speedsters, as the cabs have roll-up windows, thick padded tops, and cushy seats. Prescott Kelly AMERICAN (VIDEO) 72 1969 Chevrolet Camaro ZL-1 COPO coupe—$323,300/Mecum The low production number of 69 total COPO ZL-1s—coupled with blistering performance—equates to a glorious, investment-grade muscle car Dale Novak RACE (VIDEO) 76 1976/1983 Ferrari 308 GTB Group B Michelotto —$656,190/Bonhams If you want to run a Ferrari at the front of any of the major European “Tour” events, there's probably no cheaper way to do it Thor Thorson Cover photograph: Tom Wood © 2011 Courtesy of RM Auctions GLOBAL AUCTION COVERAGE 208 Cars Examined and Rated at Six Sales MECUM AUCTIONS 80 Indianapolis, IN: 1,249 cars make $48.6m at the Spring Classic B. Mitchell Carlson RM AUCTIONS 98 Cernobbio, ITA: RM brings 32 high-end classics to Villa d'Este, achieving $33.4m in two hours Jérôme Hardy AUCTIONS AMERICA BY RM 110 Auburn, IN: Auctions America's inaugural Auburn Spring sale totals $6.7m Kevin Coakley WORLDWIDE AUCTIONEERS 118 Seabrook, TX: American classics bring strong prices at Worldwide's $4.9m Houston Classic sale Carl Bomstead BONHAMS 132 Monte Carlo, MCO: Les Grandes Marques à Monaco sells 29 cars for $4.7m Paul Hardiman BONHAMS & BUTTERFIELDS 142 Port Townsend, WA: Stutz cars take center stage at the $1.4m sale of the Don and Lynette Short Collection Jack Tockston EBAY MOTORS 150 Monstrous Mongrels Geoff Archer

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36 Affordable Classic: Dodge Power Wagon COLUMNS 20 Shifting Gears With five collector-car auction companies strutting their stuff in one week, if you're looking for something new to put in your garage, chances are you will find it on the Monterey Peninsula Keith Martin 36 Affordable Classic: 1946–1968 Dodge WDX / WM-300 Power Wagon What seems mind-boggling today is that even when Dodge started using its all-new B Series cab in 1948, they kept using the circa-1940 cab for Power Wagons—all the way into 1968 B. Mitchell Carlson 38 Legal Files The collector car world is about to get a new player— specialized funds that will invest solely or primarily in high-quality cars. This past winter, plans for two such funds were launched In Europe Martin Emmison 56 Sheehan Speaks It pays to check a Fiat- or Montezemolo-era Ferrari for mismatched VIN codes—before a routine police stop ends up resulting in a vehicle seizure, which is a sure way to ruin your day Michael Sheehan 162 eWatch A live—and online—auction of more than 500 lots of vintage car-related advertising, including signs, clocks and displays brings high prices for rarely seen pieces Carl Bomstead FEATURES 42 2011 Saratoga Springs Invitational: Showing signs of becoming a national event—after just three years 44 Villa d'Este: Sublime European Cars along the Lago di Como—and an RM Auction to take it to another level 46 Insider's View: Jaguar E-type owners share tales of love and heartbreak as the alluring, frustrating car hits its 50th birthday 52 Murray Smith—From the Paddock: A Bluebird day at Daytona—and Andy Green's mission to drive a Bloodhound 1,000 mph on a South African desert 64 Miles Collier—Collecting Thoughts: RM's sale of Bertone concept cars sparks questions that go beyond sale prices to the preservation of automotive history DEPARTMENTS 22 Crossing the Block / Auction Calendar 24 The Inside Line: SCM Monterey Insider's Seminar 26 Contributors: Get to know our writers 28 You Write, We Read: Indy Roadsters and a note from the E-type buyer 30 Display Advertisers Index 32 Time Pieces: Elgin Direct Reading Watch 32 Neat Stuff: The Wheelsurf Monocycle, ArrowTrack GPS 34 In Miniature: 1957 Alfa Romeo Giulietta Spider—sort of 34 Book Review: Car: The Definitive Visual History of the Automobile 140 Fresh Meat: 2012 Porsche 911 Carrera, 2011 Jaguar XJ SS, 2011 BMW 750Li X-Drive 152 Mystery Photo: “Unquestionably the highest and best use for the X1/9” SCM Digital Bonus Additional Seat Time contributions, videos and images are available in this issue's Digital Edition, included with every print subscription. To sign up for your Digital Issue, go to www.sportscarmarket.com/digital or call 503.261.0555 ext. 1 152 Comments with Your Renewal: “Love the magazine. How come we never see Lotus described or discussed? I like the eBay automobilia page but the writer focuses too much on signs” 153 SCM Weekly Poll Results: What is the best investment for a British roadster? 154 Showcase Gallery: Cars for sale 158 Resource Directory: Meet your car's needs

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Shifting Gears Keith Martin Compelled to Collect It's a key part of SCM's schedule, a chance to meet subscribers and learn what they are thinking about the market, and an opportunity to experience the eddies and currents of the collector car world first-hand. With five collector-car auction companies strutting their stuff in one week, if you're looking for something new to put in your garage, chances are you will find it on the peninsula. Will you pay too much for it? Of course. But it's all relative. What Monterey (and every significant auction) does is save you hundreds—if not thousands—of hours by bringing the merchandise to you. Auction catalogs are lavishly produced and provide a good starting point for your personal investigation of a car. Marque experts abound. Are you trying to learn more about a specific Isotta that is being offered? Don't be surprised if the fellow you need to talk to is staying in the same hotel. Into Your Garage I was speaking with Martin Swig during the recent Rick Cole was the only game in town W ith Monterey just around the corner, collectors' thoughts have shifted from the restore-and-refurbish activities of winter to the buying and selling of summer. While car transactions happen year round, there's no doubt they at- tract more attention in the warm months—and the most attention of all in August. For me, there was a time, more than 30 years ago, when Monterey in August meant getting together with a group of Oregon-based Alfa fanatics, and caravanning the 700 miles to the Monterey Peninsula. Our cars failed to perform with predictable regularity; the spectacle of an Alfa (or Alfas) alongside the road, hood up, with tools and parts strewn about was commonplace. Hotel rooms were always the cheapest possible, and King's Buffet was our breakfast, lunch and dinner establishment of choice. We'd park in the Alfa corral at Laguna Seca and marvel at the bright red Ferraris parked in neat rows—Daytonas, Dinos and 365 GT 2+2s were commonplace and used as daily drivers. There was only one auction, Rick Cole's Monterey Sports Car Auction, and we watched through the chain link fence as impossibly rich people bought impossibly expensive cars. It didn't occur to any of us to go to Pebble, as it was expensive, and besides, who wanted to look at cars from the '20s and '30s? So, on Sunday morning, we generally piled back into our cars and headed north for a very long, one-day haul to Portland. It was especially long if your 1300-cc motor had a distributor with a frozen advance—or the old spark plugs you had already re-gapped ten times were starting to go out of spec again. And we won't even discuss the tranny that had to be held in 5th because of a substandard home-boy rebuild by yours truly. I recall running a bungee cord from under the dash of my Giulia Spider and hooking it around the shift lever so the car would stay in gear. Jet Forward We've all changed with the times. Someone else rebuilds my trans- missions now, and I have new spark plugs installed before a road trip. But Monterey is no longer just a gearhead's fantasy weekend for me. 20 California Mille, and he mused that when he was a dealer, buying and selling cars was always about grinding the seller to get the absolute best price, and puffing the buyer to get them to part with as much money as possible. “I'm not buying cars to make money now—I'm buying what I want, for myself,” Swig said. “So what if I pay a little too much for a car I really want? In the end it's just not going to make any difference, and I've got the car.” I agree. If the SCM Price Guide says that $110k is the top price for a very nice 1970 Maserati Ghibli SS coupe, but if there is a very nice one crossing the block, in the burgundy with tan color combination that is perfect for you, will it really matter five years from now if you pay $130k for it? Do you really want to own one, or just tell stories about being one bid short. Having the Ghibli, or XK 120, or SWB 911S that you have always wanted in your garage—a week after the Monterey auctions— sounds good doesn't it? As a bonus, when you buy a car that you have been dreaming about, all of the events, rallies and tours that are connected to the marque open up to you. You will meet an entirely new group of people who share your fascination with the same kind of car. The various things you need to do to prepare for Monterey have been written about many times, including in the supplement enclosed with this issue. What they boil down to is deciding how much you can comfortably afford to spend, doing your homework, and then making the decision to pull the trigger. I've bought and sold a lot of cars over the years, and some deals have been brilliant and some pathetic. But the memories of all the deals— and all the people and cars associated with them—enrich my life. Just as they do yours, I'm sure. Most important, find something new and special to put into your garage this August in Monterey—the car you've always wanted. Isn't it about time? SCM will have booths everywhere in Monterey, and we encourage you to stop by. Swap stories with the SCM staff while you renew and collect your snazzy SCM cap and your high-tech metallic red SCM water bottle. I'll be the emcee of Concorso Italiano for the 13th year, so come by the stage and say hello. On to Monterey! ♦ Sports Car Market

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Crossing the Block Tony Piff For more information about events listed below, see our exclusive 100-page Insider's Guide Supplement, polybagged with this issue. Bonhams & Butterfields—Exceptional Motorcars and Automobilia at Quail Lodge Where: Carmel, CA When: August 18-19 More: www.bonhams.com Last year: 79/102 cars sold / $18m Collectible motorcycles have been added to Bonhams' 14th Monterey sale. 50 premium bikes will cross the block on Friday, lead by an extremely rare 1954 AJS E95 “Porcupine,” so named for its cylinder head cooling fins. Just four of the historically significant racers are said to have been produced, and this one is expected to sell above $750k. Headlining the automobiles is the 1979 BMW M1 Pro Car painted by Frank Stella for seven-time IMSA world champ Peter Gregg, estimated at $450k$600k. Mecum Auctions—Mecum at Monterey Where: Monterey, CA When: August 18-20 More: www.mecum.com Last year: 199/420 cars sold / $14.4m More than 400 cars crossed the block at Mecum's 2010 Monterey sale, making them the week's volume leader. The featured early consignments for 2011 include three low-mile Italian exotics, recently discovered in a Dallas warehouse: a 1974 Ferrari Dino 246 GTS, with just 2,910 miles, a 1977 Maserati Bora coupe with just 978 miles, and a 1972 Ferrari 365 GTB/4 Daytona with just 9,752 miles. Also offered will be a restored 1960 Maserati 61/60 “Birdcage,” raced at Sebring in 1960, and a 1954 Maserati A6 GCS Tipo MM. Russo and Steele—Sports & Muscle at the Marriott Where: Monterey, CA When: August 18-20 More: www.russoandsteele.com Last year: 101/251 cars sold / $8m More than 250 cars are expected at Russo and Steele's 11th annual sale, held in historic downtown Monterey. The list of star cars includes blue-chip collectibles from across the collectible spectrum: a 1972 Porsche 911 IMSA RSR vintage race car, campaigned from 1979 to 1990, race-sorted, and offered at no reserve; the 1970 Chevrolet Chevelle LS6 “Pilot Car,” the first LS6 Chevelle produced, numbers-matching and 1 mile since concours restoration; a 1967 Ferrari 330 GT 2+2 coupe, with full recent service; and a 1935 Lincoln Model K V12 Phaeton, custom built for and extensively used by President Franklin Delano Roosevelt. RM Auctions—Sports & Classics of Monterey Where: Monterey, CA When: August 19-20 More: www.rmauctions.com Last year: 209/224 cars sold / $66.8m Last year, RM's $67m was the highest sales total achieved by any auction at Monterey car week, and no fewer than twenty Auction Calendar All dates listed are current at time of publication. Contact information for most auction companies may be found in the Resource Directory at the back of this issue. Please confirm dates and locations before attending any event. Email auction info to: chad.tyson@sportscarmarket.com. JULY 1—BONHAMS Sussex, UK 2-3—SILVER Jackson, WY 9—DAN KRUSE CLASSICS San Jose, CA 9—PETERSEN Roseburg, OR 9—SILVER Spokane, WA 9—VANDERBRINK St. Brewster, MN 22 10—SHANNONS Melbourne, AUS 13—BRIGHTWELLS Herefordshire, UK 15-16—MECUM Des Moines, IA 16—COYS Oxfordshire, UK 16—VANDERBRINK North Bend, NE 20—H&H Buxton, UK 23—CHEFFINS Cambridge, UK 23—SILVERSTONE Northamptonshire, UK 24—SHANNONS Sydney, AUS 25-26—BARONS Surrey, UK 30—RM Plymouth, MI 30—VANDERBRINK Elizabeth, IL AUGUST 5-6—MECUM Walworth, WI 6—VANDERBRINK St. Croix Falls, WI 6-7—SPECIALTY AUTO South Lake Tahoe, NV 11-14—SPECIALTY AUTO Reno, NV 13—COYS Nurburgring, DEU 13—VICARI Hiawassee, GA 18-19—BONHAMS & BUTTERFIELDS Carmel, CA 18-20—MECUM Monterey, CA 19-20—RM Monterey, CA 18-20—RUSSO AND STEELE Monterey, CA 19-20—VANDERBRINK Corsica, SD 20—CHEFFINS Harrogate, UK 20-21—GOODING & CO Pebble Beach, CA 25-28—SILVER Carson City, NV 27—LANKES Valkenburg, NL SEPTEMBER 1-4—AUCTIONS AMERICA BY RM Auburn, IN 2-4—WORLDWIDE Auburn, IN 3-4—SILVER Sun Valley, ID 10—BONHAMS Beaulieu, UK 14—H&H Buxton, UK 15-18—MECUM St. Charles, IL 16—BONHAMS Sussex, UK 17—CLASSIC MOTORCAR Canton, OH 18—BONHAMS & BUTTERFIELDS Fairfield, CT Sports Car Market 19-20—BARONS Surrey, UK 21—BRIGHTWELLS Herefordshire, UK 22-24—BARRETTJACKSON Las Vegas, NV 23-25—MECUM Geneva Lake, WI 24—SILVER Portland, OR 29-OCT 1—AUCTIONS AMERICA BY RM Carlisle, PA McQueen's 911S at RM's Sports & Classics of Monterey cars are expected to break $1m this year. Highlights include the 1970 Porsche 911S driven by Steve McQueen in the classic racing film “Le Mans;” a 1960 Ferrari 250 GT SWB Berlinetta Competizione; a 1955 Ferrari 750 Monza Scaglietti Spider featured in the film “On the Beach,” starring Gregory Peck, Ava Gardner, and Fred Astaire; and a 1937 Mercedes-Benz 540K Special Roadster, thought to be one of only three configured with left-hand drive, high door, long tail, and covered spare. MidAmerica—Vintage Motorcycle Auction & MarketPlace at Pebble Beach RetroAuto Where: Pebble Beach, CA When: August 19-21 More: www.midamericaauctions. com Last year: 37/93 motorcycles sold / $869k MidAmerica estimates 100 premium bikes at this third annual sale. The headliner is a 1894 Sylvester Roper steam-powered motorcycle, considered the first motorcycle by some, and said to be one of two ever built. (The other is in the Smithsonian.) Other highlights include a 1932 Triumph Model CD, a 1939 Triumph Tiger, a 1954 BSA BB32 Gold Star competition model, a 1977 Ducati 1100SS NR “Joey Walsh,” a 1920 Harley-Davidson Sport, a 1938 Indian Sport Scout, a 1979 MV Agusta Magni Superlight, a 1951 Vincent Comet, and a 1966 Norton Atlas. Gooding & Company—The Pebble Beach Auctions Where: Pebble Beach, CA When: August 20-21 More: www.goodingco.com Last year: 105/137 cars sold / $64.5m Featured multi-million-dollar lots at this year's event include a 1957 Ferrari 410 Superamerica Pinin Farina Series II, unrestored and a first-place preservationclass winner at Pebble and Cavallino; a 1953 Ferrari 375 coupe, with coachwork by Vignale; and a 1931 Duesenberg LWB Model J known as the “Whittell Coupe,” extravagantly coachbuilt for Captain George Whittell Jr. and expected to set a new record price for a Duesenberg sold at auction. ♦

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Inside Line Chester Allen Send news and event listings to insideline@sportscarmarket.com. Event Calendar 6-7—Schloss-Dyck Classic Days (DEU) www.schloss-dyck-classic-days.de 6-14—Hot August Nights (NV) www.hotaugustnights.net 8-17—Pebble Beach Motoring Classic (CA) www.pebblebeachconcours.net 12—All Triumph Drive-In (OR) www.portlandtriumph.org 15-17—The Quail Rally (CA) www.quaillodgeevents.com 16-17 Automobilia Monterey (CA) www.automobiliamonterey.com Donald Osborne and SCMers at the Monterey Insider's Seminar SCM News ■ Where Are the Best Buys Today? Find out at the 10th Annual SCM Monterey Insider's Seminar. The SCM panel of experts will make recommendations in four price ranges: $100k and under, $100k to $750k, $750k to $2m and $2m and up. The seminar will be held Saturday, August 20 from 9 am to 11 am at the Gooding & Company Auction Pavilion at Pebble Beach. Moderated by publisher Martin, the seminar panelists include John Apen (Ferrari), Carl Bomstead (American Sports and Muscle), Donald Osborne (European Sports and Racing—except Ferraris) and Steve Serio (late-model European Sports). Panelists will also offer a detailed examination of select cars that will be offered at the auction. Sponsors include Gooding & Company, Chubb Personal Insurance, Intercity Lines and Meguiar's. Space is limited, so register today. Admission is complimentary for SCM Platinum members, $25 for subscribers and $50 for nonsubscribers. For the latest details, visit www.sportscarmarket.com/ monterey2011 (CA) Events What better way to get to Monterey than a two-day drive on great back roads from Pasadena—and then arrive 24 just in time for Car Week festivities? SCMer Martin Swig of California Mille fame is putting together just such a trip—the Art Center Monterey Tour—on August 14-15, and it's also a benefit for Pasadena-based The Art Center College of Design, which trains many world-class car designers. The event is open to cars of any year that have design merit. Cost of the tour is $200—meals and one night at the historic Paso Robles Inn are not included—plus a $1,000 donation to the Art Center College of Design. www.californiamille. com (CA) ■ The Hillsborough Concours d'Elegance on August 28 is just a week after the Pebble Beach Concours d'Elegance and the whole magnificent jumble of Monterey Car Week, so if you've got car withdrawl and you're in the San Francisco Bay Area, why not pay a visit? This is the 55th year of the Hillsborough event, and wonderful cars will park on the fairways of the Crystal Springs Golf Course from 10 am to 4 pm. A Tour d'Elegance is scheduled for Saturday, August 27. www. hillsboroughconcours.org (CA) ■ The Columbia River Concours d'Elegance and Car Show will kick off the always-busy world of August car events on August 6-7 at Officer's Row National Historic District in Vancouver, WA—just across the Columbia River from SCM World Headquarters in Portland, OR. The Columbia River Concours Tour, limited to 30 cars registered for the Sunday concours will leave from the Pearson Air Museum on Saturday, August 6 and tour the rural roads of Clark County, WA. Concours Sunday is from 9:30 am to 4 pm. Adult admission is $10, and children younger than 12 attend for free. www.columbiariverconcours.com (WA) ■ Hot August Nights has always been a massive event, but the extravaganza of thousands of hot rods, muscle cars, street rods and classic cruisers starts this year with an extra three days in South Lake Tahoe from August 6-9. Hot August Nights then migrates to the familiar digs and streets of Reno from August 9-14. Event organizers claim that more than 800,000 gearheads and thousands of cars will once again be part of one of the biggest parties of the year. Expect traditional car shows, car cruises, swapmeets and music everywhere. This year is the 25th Anniversary of this celebration of American Iron and music, and it's probably a good idea to make your hotel reservations right now. Most events are free, but the famous Reno casinos remain pay-to-play. www.hotaugustnights.net (NV) 16—Carmel-by-the-Sea Concours on the Avenue (CA) www.motorclubevents.com 18—Pebble Beach Tour d'Elegance (CA) www.pebblebeachconcours.net 18-21—Rolex Monterey Motorsports Reunion (CA) www.mazdaraceway.com 19—Concorso Italiano (CA) www.concorso.com 19—Pacific Grove Auto Rally (CA) www.pgautorally.org 19—The Quail, A Motorsports Gathering (CA) www.quaillodgeevents.com 19-21—Pebble Beach RetroAuto (CA) www.pebblebeachconcours.net 20—10th Annual SCM Insider's Seminar (CA) www.sportscarmarket.com/monterey2011 21—Automobilie Fine Arts Society Exhibition (CA) www.autoartgallery.com 21—Pebble Beach Concours d'Elegance (CA) www.pebblebeachconcours.net 26-28—Corvettes at Carlisle (PA) www.carlisleeventscom 27—Morgan Adams Concours d'Elegance (CO) www.morganadamsconcours.org 27-28—Milwaukee Masterpiece Concours (WI) www.milwaukeemasterpiece.com 28—Geneva Concours (IL) www.genevaconcours.net 28—San Juan Concours (WA) www.sanjuanconcours.org Sports Car Market

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■ The town of Geneva, IL, may just be one of the most charming places in the Midwest, and the Geneva Concours d'Elegance on August 28 is a great reason to visit this spot near Chicago, IL. This year's concours will feature Lincoln and Brass Era Fords, but many other wonderful cars will line downtown's Third Street from 10 am to 4 pm. This event is free to all. www.genevaconcours. net (IL) ■ Panteras—those wonderful mixes of Ford engines and Italian styling—have been snarling around the planet for 40 years now, and Concorso Italiano will celebrate that happy event on August 19 from 9 am to 5 pm at Laguna Seca Golf Ranch in Monterey. Concorso Italiano will also celebrate original Italian sports cars, the 45th Anniversary of the Maserati Ghibli and a massive Ferrari F50 reunion. All this—and the food, fashion show and beautiful surroundings— make this a must-do during Monterey Car Week. SCM Publisher Keith Martin returns for a lucky 13th year as emcee. Our sister magazine, Corvette Market, is sponsoring the Third Annual Corvettes at Concorso Corral along with Barrett-Jackson. CM's own Michael Pierce will preside over a complimentary hospitality tent and pass out awards to Corvette owners. www.concorso.com (CA) ■ Yes, we've been babbling away about Monterey Car Week throughout Inside Line, and why not? This is, after all, when the entire world of car collecting gathers on the Monterey Peninsula from August 14-21. It's still not too late to jam on the accelerator and drive into the delightful madness. You'll spend money like water, but the magnificent cars are everywhere. Read all about this wonderful week in our special, 100-page Monterey Insider's Guide, which is included with this issue Concorso Italiano celebrates 40 years of Panteras of SCM. Now, if you do go—and return home with scorching hot credit cards and a fabulous new addition to your garage—well, that just makes you a true SCMer. Errata ■ The photo of a Porsche 356B that appears in July's The Insider's View (p. 40) is incorrect. The photo should have shown a Porsche 356C. ■ The Lodge at Sonoma is located in Sonoma, CA. July's Shifting Gears (p. 14) mistakenly placed this fine hotel into a completely different Northern California valley. ♦ August 2011 25

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SCM Contributors MARTIN EMMISON, SCM contributor, says his early sports car enthusiasm was fueled by the cars of his native England—the MG TA, Turner, AC Ace, Morgan, Triumph TRA, and Jaguar XK 140. He was bitten badly by the Ferrari V12 bug in the 1980s and owned a 250 GTE, 275 GTB, an LWB California Spyder rebuilt from a wreck, and he recently sold a 365 GTC/4. Emmison lives in a 15th Century house in Essex, England, and as a lawyer in London he represents collectors, dealers, auctioneers, and restorers in the high-value deals and disputes regarding historic cars. He is a late convert to Alfa Romeo, but his pleasure and European rally motoring comes mostly from his favorite driver, a 1963 289 Cobra, CSX 2187. On p. 38, Emmison takes a first look at a newcomer to the vintage car marketplace—collector car investment funds. JÉRÔME HARDY, SCM auction analyst, is a lifelong gearhead whose best memories have always been linked to cars. At age 17, his first mistress was an Italian in the form of a 1971 Lancia Fulvia, followed by more costly Europeans, represented today by a 1961 Ferrari 250 GTE. His first engine rebuild was the 350-ci small-block in his 1970 Buick Skylark, which he acquired during a seven-year stint in New York City. Now based in Paris, Hardy enjoys the sheer size of his Mercury Grand Marquis Colony Park wagon and the unwashed 1939 Packard Super 8 he purchased in Portland, OR and now wheels around Paris. He recently attended the 2011 Villa d'Este Concorso d'Eleganza and his report is on p. 44. ALEX HOFBERG, SCM contributor, is the owner of Watchworks, Inc., a fine watch and jewelry shop he founded in 1991 in Portland, OR. Hofberg is a recognized expert in the field of collectible and modern watches, and he also does repair work, which gives him an intimate familiarity with these diminutive machines both inside and out. He is a member of the International Watch and Jewelry Guild and the National Association of Watch and Clock Collectors. Hofberg well understands the dual collector mentality with regard to watches and sports cars, as he is afflicted with his own wild enthusiasm for both. His wife Maureen and son Max support, enable, and occasionally participate in his collecting passions. This month, he examines Elgin Direct Reading watches in his regular Time Pieces column on p. 32. CHAD TYSON, SCM Data Analyst, opted for a more formal education on automotive technology at WyoTech, located in Laramie, WY, after tearing into his 1967 Chevrolet Camaro at age 17. A few years later, he wound up at a Ford dealership specializing in rekeying Focus ignition key cylinders and repairing 7.3-, 6.0-, and 6.4-liter diesels. A random conversation with a new friend led him to move to Portland, OR—and eventually into a desk at SCM. While his early preference was late '60s Chevy muscle, he isn't afraid of oddball and unique engineering. After all, a Jaguar IRS sits underneath his Camaro. He is a valuable part of getting auction information into the magazine. He's also part of SCM's traveling road show, so look for him at the SCM booths in Monterey this month. 26 Sports Car Market Publisher Keith Martin keith.martin@sportscarmarket.com; 503.261.0555 x 210 Operations Manager Ryan Brinkley ryan.brinkley@sportscarmarket.com; 503.261.0555 x 218 Executive Editor Chester Allen chester.allen@sportscarmarket.com; 503.261.0555 x 203 Art Director Jeff Stites jeff.stites@sportscarmarket.com; 503.261.0555 x 202 Managing Editor Jim Pickering jim.pickering@sportscarmarket.com; 503.261.0555 x 208 Auction Editor Tony Piff tony.piff@sportscarmarket.com; 503.261.0555 x 206 Data Analyst Chad Tyson chad.tyson@sportscarmarket.com; 503.261.0555 x 207 Copy Editors Yael Abel, Bill Neill Senior Auction Analysts B. Mitchell Carlson, Carl Bomstead, Paul Hardiman (Europe) Auction Analysts John Clucas (Australia), Daniel Grunwald, Jérôme Hardy (Europe), Chip Lamb, Norm Mort (Canada), Dale Novak, Phil Skinner Contributing Editors Steve Ahlgrim (Ferrari), Gary Anderson (English), Colin Comer (Muscle Cars), John Draneas (Legal), Donald Osborne (Etceterini), Prescott Kelly (Porsche), Michael Sheehan (Ferrari), Thor Thorson (Race Cars) Contributors John Apen, Diane Brandon, Marshall Buck, Miles Collier, Martin Emmison, Paul Hardiman, Alex Hofberg, Simon Kidston, Ed Milich, Rob Sass, Steve Serio, John L. Stein 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 Director Wendie Martin wmartin@enthusiastmediagroup.com; 206.427.1652 Executive Producer, SCM Television Roger Williams roger_williams@earthlink.net ADVERTISING Display Advertising Executives Tom Mann tom.mann@sportscarmarket.com; 877.219.2605 x 211 Cody Wilson cody.wilson@sportscarmarket.com; 877.219.2605 x 213 Classified Advertising classifieds@sportscarmarket.com SUBSCRIPTIONS Subscriptions Manager Kyle McBride kyle.mcbride@sportscarmarket.com; 503.261.0555 x 216 Subscriptions Coordinator Rich Coparanis rich.coparanis@sportscarmarket.com; 503.261.0555 x 217 To order new subscriptions or for questions about current subscriptions 877.219.2605, x 1; service@sportscarmarket.com, fax 503.253.2234 M–F 9 am to 5 pm PST www.sportscarmarket.com CORRESPONDENCE Email service@sportscarmarket.com Customer Support www.sportscarmarket.com/helpdesk Fax 503.253.2234 General P.O. Box 4797, Portland, OR 97208 FedEx/DHL/UPS 401 NE 19th, Suite 100, Portland, OR 97232 The information in Sports Car Market magazine is compiled from a variety of reliable sources. However, we disclaim and deny any responsibility or liability for the timeliness, use, interpretation, accuracy, and completeness of the information presented. All material, data, formats and intellectual concepts in this issue © 2011 by Sports Car Market, Inc., Automotive Investor Media Group and Automotive Investor in this format and any other used by Sports Car Market magazine. Copyright registered with the United States copyright office. Canada Post Publication Agreement #41578525 PRINTED IN USA

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You Write We Read All letters are subject to editing. Please address correspondence to SCM, P.O. Box 4797, Portland, OR 97208. Fax 503.253.2234, e-mail: youwrite@sportscarmarket.com Living, breathing, Indy Roadsters To the Editor: Thor Thorson's comments on Indy Roadsters in general and the Elder-Crawford car in particular (July 2011, p. 64) provide one of the best characterizations of these great old race cars that I have ever read. I would, however, like to make a slight adjustment to Thor's view of the fate of many of these cars. More than a few are turning laps on our big, paved ovals at greater than “sedate” speeds. Several weeks ago, I ran a few sub-one-minute laps at Auto Club Speedway (formerly California Speedway) in my 1959 Watson “Simoniz Special” (picture at right). As Thor points out, there's nothing sedate about a 400 horsepower, methanol-fueled, Offy four-banger at 6,000 rpm. We're more than willing to lug those jugs of fuel, push those battery carts and hoist those starter motors. It's the price we pay to enjoy one of the great thrills in vintage racing—that special moment coming off turn four, gazing down that long roadster hood at the main straight, hard on the gas and wheel-to-wheel with one or two other great American race cars. If you were a kid in the late 1950s, and if you spent every Memorial Day with Sid Collins and the “Greatest Spectacle in Racing” glued to your ear, it doesn't get much better than that. On a related point, I'd like to pick a nit regarding Thor's comment that “Front-engined roadsters were a feature of the Indianapolis 500 from 1921 to 1963.” In Indy-speak, the term “roadster” defines a very specific configuration—common from the early 1950s until the mid1960s—in which the driveline is offset, usually to the left, allowing the driver to sit low in the car next to the driveshaft. A roadster's profile, weight distribution and center of gravity are all very different from those of the earlier “Big Cars” or Champ Cars, in which the driver sits directly above the driveshaft. These differences are not trivial. The roadster design changed the game and dominated the Indy 500 as the last front-engine configura- 28 As Thor points out, there's nothing sedate about a 400 horsepower, methanol-fueled, Offy four-banger at 6,000 rpm tion to compete successfully on big, paved ovals. I belabor this point only because the term “Indy Roadster” has recently crept into the automotive lexicon to describe any vintage, frontengine Indy car—and that just ain't so!—Larry Pfitzenmaier, Sonoita, AZ Buy or sell? To the Editor: Thank you, as always, for the Pocket Price Guide. I find them very enlightening. However, this year I am somewhat confused. On page 14, the DeLorean is rated a “Buy.” However, on page 15, the DeLorean is rated a “Sell.” Luckily, I read the whole guide cover to cover in one sitting. Can you imagine had I only read through page 14, then gone out and bought one, how much its value would have plummeted in price before I got to page 15 and sold? Think of all those lucky people who would have read further than me. They would probably already have gotten out (like your proofreader should be).—K.J. Bedminster, N.J. Executive Editor Chester Allen responds: K.J., thanks for your note, and I understand how this situation might have confused you. However, if you reread the introduction to “Cars to Buy, Sell and Hold in 2011,” you'll find this passage on page 10: “Here are some suggestions for 2011 from a few of SCM's experts, and you'll note that they don't all agree with each other—which should come as no surprise.” It might be helpful to think of this feature of the Pocket Price Guide as a friendly debate among car-addicted friends. I'm sure you and your friends disagree on some cars, just like you disagree on wine pairings or whether it's okay to wear more than two logos at once. It's all a part of the game. The new owner's perspective—and thanks To the Editor: I am the buyer of the above noted beautiful Jaguar (June 2011 “The Owner's Perspective” letter in “You Write, We Read,” p. 22) and I would like to relate my deepest congratulations and thank you for a fabulous vehicle to the seller. I am a car collector, and I own and drive some very special cars regularly. I want to mention that this E-type turns heads—in fact often I need to be careful with other drivers attempting to take pictures of the car while driving. The E-type got my attention in Scottsdale while I was test driving a few Ferraris and a Miura SV. I decided to bid on it, anticipating a good deal. I got a superb deal. Please inform the seller that he is welcome to drive the car any- time he is in Toronto, meanwhile I will take great care of the automobile and will enjoy it with my sons at the Mosport International Raceway once or twice a year. As a businessman, I can sym- pathize with his bad luck (I have been there) and wish him well in the future.—Giovanni Marcelli, via email Publisher Martin's fakeydoo adventure To the Editor: As long as I have been subscribing to your esteemed publication, your publisher has dismissed with disdain as a “fakey-doo” anything which smacks of a replica (unless of course it incorporates one microscopic original part, such as a small frame section bearing the original chassis number—in which case the whole vehicle is a skillfully restored original). Interesting, therefore, that in the June 2011 issue (“Shifting Gears,” p. 8), here is Keith Martin driving a “fakey-doo” Isotta Fraschini “Flying Star,” albeit damned with faint praise. Has he come down off his high horse and recognized that some of us who don't have a few mill to throw at, say, an original C-type Jaguar, can get all the thrills and nostalgia of period motoring—at a fraction of the cost—in a wonderful replica that is modified and uprated for a Sports Car Market

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You Write We Read Ad Index 30 Aston Martin of New England................... 137 Auctions America......................................... 19 Automobilia Monterey............................... 161 Autosport Designs........................................ 83 BMW Car Club of America, Inc.................. 35 Barrett-Jackson ............................................ 41 Bonhams & Butterfields............................... 23 Bonhams & Butterfields............................... 29 Branson Collector Car Auction.................. 113 Brookside Import Specialties..................... 153 Canepa.......................................................... 73 Carriage House Motor Cars ......................... 33 Cavallo Motorsports................................... 139 Chubb Personal Insurance............................ 27 Clars Auction Gallery .................................. 97 Classic Cars West....................................... 157 Classic Motorcar Auctions......................... 131 Classic Restoration..................................... 119 Classic Showcase......................................... 51 Cobalt Automotive LLC ............................ 163 Collector Studio ......................................... 145 Columbia River Concours............................ 25 Concorso Italiano......................................... 65 Copley Motorcars......................................... 96 Cosdel ........................................................ 157 Cosmopolitan Motors................................. 149 Credit Suisse ...........................................12-13 Crown Collector Car Auctions................... 109 Dan Kruse Classics ...................................... 49 Driversource Houston LLC................ 117, 143 DrivingXllence............................................. 81 European Collectibles ................................ 141 Exhibitions & Trade Fairs............................ 93 F40 Motorsports......................................... 157 Fairfield County Concours........................... 89 Fantasy Junction......................................... 139 Ferrari of Seattle ........................................ 105 Gooding & Company..................................... 2 Grundy Worldwide....................................... 37 Gullwing Motor Cars, Inc.......................... 130 Hagerty Insurance Agency, Inc. ................... 21 Hamann Classic Cars................................... 50 Heacock Classic .......................................... 47 Heritage Classics.......................................... 91 Hillsborough Concours.............................. 127 Hilton Head Island Concours..................... 153 Hyman, LTD .............................................. 101 Intercity Lines .............................................. 39 JC Taylor...................................................... 85 JJ Best Banc & Co ..................................... 155 Kastner & Partners Garage ........................ 143 Kidston......................................................... 31 Kirkland Concours d'Elegance.................. 129 Lake Mirror Classic ................................... 121 Mac Neil Automotive Products Ltd........... 103 Mecum Auction...........................................4-7 Mercedes-Benz Classic Center .................... 43 MidAmerica Auctions................................ 133 Miller's Mercedes Parts, Inc....................... 96 Morris & Welford, LLC............................. 164 Motor Classic & Competition Corp........... 161 Motorcar Portfolio ..................................... 131 Palos Verdes Concours d'Elegance............ 125 Park Place LTD............................................ 69 Paul Russell And Company ....................... 147 Pebble Beach Concours ..............................111 Poff Transportation .................................... 148 Portland Art Museum................................. 115 Putnam Leasing............................................ 57 Quail Lodge Resort & Golf Club................. 67 RM Auctions.....................................14-15, 17 RPM Autobooks......................................... 108 Reliable Carriers .......................................... 79 RockAuto LLC............................................. 75 Ron Tonkin Gran Turismo ......................... 145 Russo & Steele LLC .................................... 45 SWISSVAX AG........................................... 99 Saratoga Fall Ferrari Festival....................... 63 SCM Insider's Seminar.............................. 135 Silver Collector Car Auctions .................10-11 Specialty Auto Auctions, Inc........................ 95 Sports Car Market...................................... 156 Sports & Specialist Cars ............................ 147 Stratus Media Group, Inc........................... 107 Sun River Concours................................... 123 Symbolic Motor Car Co................................. 3 The Banzer Group...................................... 114 The Stable, Ltd............................................. 87 Thomas C Sunday Inc................................ 156 Universal Autosports.................................. 137 VIP Transport Inc....................................... 157 Vicari Motorsports ..................................... 141 Vintage Rallies............................................. 53 VintageAutoPosters.com............................ 157 Watchworks................................................ 157 Worldwide Group........................................8-9 You Write We Read It's quite a mystery how the car could have gotten into such terrible condition while in the Nicklin stable. safer, faster and better-handling ride? Most of us who do own cars such as this are not pretending we have the real thing—we don't need to, as they are envied and applauded for what they are. I would have thought that if anything is a “fakey-doo,” it is a so-called “tool room copy” like the “Flying Star,” which is trying hard to be mistaken for the original.—John Colver, Belvedere, CA Keith Martin responds: John, thanks for your note. Let me attempt to clear up the “disdain for fakey-doo” and “enjoying driving a fakey-doo” conundrum. All of us at SCM, and our readers as well, thoroughly enjoy getting behind the steering wheel of an interesting car. An “interesting car” can be anything from a Factory Five Cobra to an unrestored Bug Eye Sprite. Driving pleasure and visual excitement can be evoked by any number of real, re-created or faked assemblages. It's when we come to “value” that we put on a discerning (you might say disdainful) hat. Simply put, re-creations, continuations and the like are rarely if ever collectible, and will never have anything more than a minute percentage of the market value of the real thing. Would I like to drive a fiberglass C-type replica on a low-key, second-tier vintage tour or rally? You bet. Would I tell SCMers that buying one was a “good financial investment?” Never. When it comes to the Flying Star, I believe you are being overly harsh. This car has an authentic chassis and drivetrain, with a re-created body done in as an exacting manner as possible. It is no more or less real than the many rebodied Bentleys tooling around. Personally, I enjoy seeing the lines of the Flying Star, and applaud the owners who re-created it. However, when it is judged at top flight concours, it is judged as a rebody, not as a correct “as manufactured” car—which is appropriate. In the pecking order of cars, those with their original coachwork will (or at least should, in my opinion) always have a higher “collectibility quotient” than those that have been rebodied, no matter how correct the new skin is. Now, if the magnificent Flying Star coachwork had been executed in fiberglass and mounted on a Corvette chassis with a supercharged ZR-1 motor under the hood, that would be a different matter altogether, wouldn't you agree? Notes on the Ferrari 212 Inter To the Editor, I just finished the stories of the Vignale 212 Inter in the July issue (“Ferrari Profile,” pages 48-50). I have the book Ferrari by Vignale, by Marcel Massini, published in 1993. This is a wonderful account of most of the Vignale-bodied Ferraris, and it traces their history up to the date of publication. Hopefully, someone on the SCM staff can locate a copy. I'm not sure if it is still in print. Here are some notes on the styling critique by Robert Cumberford: The straight side trim strip is indeed the original. The vents below the headlights are original, and did not have any small bumpers in front of them. The car did have a front bumper, but it was below the grille and only the width of the grille. It also had four small bumperettes at all four fenders, mounted high and in line with the side trim strip. This is pictured on page 153 of Massini's book, on the stand at the Turin Motor Show in 1953. The original paint was black with a green top. After a few owners, the car passed to David Shute, of Somerset, England, in 1972, carrying plate 111FLB. Under his ownership, a refurbishment included discarding the four high bumperettes. The car was painted red. Larry Nicklin received 0267EU in December 1977, when it was repainted in its original colors. Massini's book has photos of all three versions. Other 212s that had the four high bumperettes were: 0257EU, 0271EU and 0285EU. Also 0301AL, a 375 America coupe, had similar styling. They had the side trim, too. It's quite a mystery how the car could have gotten into such terrible condition while in the Nicklin stable.—Ken Bohn, Louisville, KY ♦ Sports Car Market

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Time Pieces by Alex Hofberg Elgin Direct Reading Watch The Elgin Watch Company was established as The National Watch Company in 1864. Founded by a group of Chicago businessmen, including B.W. Raymond, who was twice mayor of Chicago, and watchmaking veterans mostly made up of men culled from the already established American Waltham Watch Company, Elgin quickly grew into the world's largest watch manufacturer. The American watch industry prospered from roughly the end of the Civil War through the 1940s. During this time, American watch companies led the world in industrial engineering and production automation, but by the mid 1950s, all of the famous American watch manufacturers were struggling to compete and showing signs of impending financial ruin. Labor costs were often blamed for the failure of a huge national industry, but other factors included significantly improved watches from many smaller Swiss firms and a failure to recognize changes in trends and consumer desires. We can now look back and see where the last bets were made during this difficult period—and how some failed and some succeeded. Hamilton and Bulova made significant investments in the infancy of electronic watches (Bulova to great financial success with the Accutron and Hamilton to great design success with their Hamilton Electric series, although less profitably). One of Elgin's last gasps was an Details Production Date: 1958–1960 Best place to wear one: To a sock hop! Ratings ( is best): Rarity: Durability: Parts/Service Availability: Cool Factor: Web: www.elginwatches.org interesting design that did not fare so well. The Elgin Direct Reading watch made a bold departure from watches with typical dials, hands and markers. These Elgin watches featured the surface of the case, with only a small Neat Stuff by Tony Piff aperture covered by a wedgeshaped crystal through which the time could be read digitally on a pair of disks, one showing the hours and one showing the minutes. The series was made in three styles, all in yellow, gold-filled cases. The least-expensive model is now known as the Elgin Golf Ball Watch, as its round case was covered in dimples like the surface of a golf ball. Another, plainer round case featured a higher jeweled movement and a chevron shape much like the fins of a late 1950s car, and the third model was a rectangular Tank style that had an even highergrade movement. The latter was favored by Elvis Presley, who was photographed wearing one. The movements in Elgin digital watches were all very well made and had superior finish, but they were plagued with two faults: The clear plastic discs that the numerals were painted on were fragile and easily broken during service, and the system that was supposed to keep the hour numeral fixed in the window—and only advance at the top of the hour—was tricky to assemble and adjust. I think these watches appeal to collectors in the way some car col- lectors favor Edsels. While researching this piece. I learned that there is a source for new discs online, but I have not tested them. Given that not many were made—and fewer survived—these watches are somewhat novel and can be considered cool. An added bonus is that they are often found for sale under $300, which makes adding one to your collection easier. As always, check the milk before buying the cow.... Dude, Where's My Car? Many of us only get to drive our most beloved cars infre- quently, which often means they are out of sight and out of mind for extended periods—and sometimes even left in the care of others. The ArrowTrack GPS tracking system combines a concealed GPS unit with an automatic monitoring service that alerts you via email or text message when a car is driven beyond a specified radius or faster than a certain speed. In case of theft, you'll be able to pinpoint its location in real time, and with a complete driving history available, you'll never wonder if the mechanics went joyriding after rotating your tires. Visit www.arrowtrackgps.com for more information. ♦ Get Inside the Wheel SCM is committed to classic cars, but we'll give any gas- powered novelty a shot. The WheelSurf monocycle offers a whole new set of driving dynamics to master, with you and the engine mounted inside the single oversized wheel. Throttle and brakes are hand-actuated, and to steer, simply lean. The wheel drives on grass, gravel, or pavement (although it's not road-legal) and can achieve speeds of up to 25 mph. A minimum rider weight of 110 pounds is recommended for necessary counterbalance during acceleration and braking. Power comes from a Honda GX31 31-cc 4-stroke. The Wheelsurf is made in the Netherlands and can be ordered through their website for about $7,000. Add an additional $800–$1,500 for shipping. www.wheelsurf.nl 32 Sports Car Market

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In Miniature by Marshall Buck 1957 Alfa Romeo Giulietta Spider The Alfa Romeo Giulietta Spider is a gem of a sports car, and if you don't believe me, then just ask Publisher Martin. Those who own or have owned these Italian wonders already know what gems they are. The people at AutoArt of China seem to also be aware of the Giulietta's fame. AutoArt is one of the most prolific mass-market model car manufacturers around, and they produce thousands of models in scales from tiny 1:64 scale all the way up to big 1:6 scale. The majority of their models, like this Giulietta, are in 1:18 scale. This is a fine-looking model, although it will annoy some of the Alfisti. This one is akin to some super models seen on the covers of magazines. They sure are pretty, but the beauty is often skin-deep. That's sort of how I feel with many of AutoArt's releases—including this Alfa. For all of the intense perfection that goes into fit, finish—and some of the detailing—they miss the mark with little and big gaffes. All AutoArt models are beautifully finished and present extremely well, with the only problem being that almost every one of them have mistakes to varying degrees—some in significant ways. It comes down to not doing thorough or proper research, and their evident acceptance of close being good enough. As far as I know, close only counts in horseshoes. Then again, you do get what you pay for, and you do get a very good model for the money—even with the mistakes. Want better? Then pay an expert a lot of money to get it right. Annoyances aside, this little Spider still has a Model Details Production date: 2011 Quantity: An estimated 10,000 or more SCM Five-Star Rating: Overal Quality: Authenticity: Overall Value: Web: www.autoartmodels.com lot of good going for it. Much of the detail is terrific, with some great touches, such as the perfectly plated separate chrome parts. Adding to the value is the snug-fitting, removable hard top, which is a great piece of model engineering. The overall feel of the interior is very good, with a couple of nice touches to offset the mistakes. Black rubber Speaking Volumes by Mark Wigginton CAR: The Definitive Visual History of the Automobile Edited by Giles Chapman, DK Publishing, 360 pages, $25.40 (Amazon) How do you read? It's such a simple question, but with a thousand idiosyn- cratic answers. Think about how you read a newspaper—if you still do. You skip around, looking at big type and big images, reading cutlines under photos and headlines and their subheads before you ever, if at all, delve into an actual story. It turns out you are, like most readers, ruthlessly efficient, scanning and sorting before making the decision to invest your time on a particular topic. But that scanning is also, in a well-done publication, full of information, and in fact most of what you take away from the page will be in the big type and big images you scanned. This is why I have always been a fan of the Dorling Kindersley publishing house. They, starting back in the 1970s, brought out books that reflected how people actually were going to use them, using visuals and short bits of text to tell complicated stories about how things work—big topics in short bites. In CAR, they compress the entire sweep of automotive history into 360 pages of images, a bit o' text and a few deeper articles about specific manufacturers and cars that changed the automotive landscape, with Ford, Alfa, Volkswagen and Ferrari being just a few examples. It's a visual feast, from beginning to end, with typical pages filled either with a dozen smaller profiles of cars or lavish details of a specific featured car. The text is short, data-packed and to the point. In short, this is the broad guide to the history of the automobile, efficiently communicating both the technological progress of the last 100 year as well as the undeniable beauty of the rolling art form. There is plenty to learn on every page, and it's a constant feast for the eyes, a big story presented in the way easiest for you, the user. 34 Provenance: Editor Giles Chapman is a former editor of Classic & Sports Car, and as such, has the chops to make the right selections, making sure the most important cars make the cut. Everyone will find vehicles to argue were left out or shouldn't have been included, but the choices that were made show a knowledgeable, serious hand at the wheel. Fit and finish: DK Publishing is known for their visual design, and CARS is no exception. It's a thing of beauty, with smart typography, sharply edited text and beautiful printing. Drivability: Designed for a general audience, how much you want/need this book depends on your goals. I suspect many will be bought by car guys trying to educate their uninterested spouses, but, please, how much did you like that book she gave you on the history of dressage? More accurately, it's a great automotive visual dictionary, a one-stop reference for that time you want a quick fact on the 1910 Peugeot Type 126 Touring or detailed auto-porn images of the Alfa Romeo 6C. ♦ Sports Car Market floor mats have lightly embossed Alfa emblem and ribbing, and the carpeting is perfect. The dashboard captures the flavor with nice gray, white and black gauges, and they've at- tended to the nicely replicated radio blanking plate. But then the problems start, such as the moldedin dash switches. I'm not sure about the gear shift location and stance, and how on earth did they miss on the door panel inserts? The red version has red carpets, black seats and red door panel inserts, which as far as I can tell, should be black. You can also buy this model in white with a slightly more accurate all-red interior. Paint finish is excellent, and panel fit on the opening doors, trunk and hood is perfect. There's a good engine with reasonable, but simple detailing. Some of the many nice touches are beautiful Pininfarina and Alfa Romeo emblems. The exterior chrome hinges on top of the hood and trunk are worth noting. They may be a tad oversized, but their look and function make up for that. Lenses for headlights and signal lights are clear, clean castings, although the protruding bullet-like shape of the signal lights is wrong. Moving to the tail end, we have beautiful taillights that don't match any reference or car I have seen. Open the accurately detailed trunk lid, and you'll see a perfectly replicated black floor mat with logo, but buried inside the right corner is the gas filler and a modern battery with recycling icons on it that never existed in the 1950s or 1960s. Beauty is indeed skin-deep on parts of this otherwise nice model. Priced at $122.95. Available from Harrell's Miniatures, 1.856.435.6239 or email harrellsminiatures@comcast.net.

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Affordable Classic 1946-1968 Dodge Power Wagon models WDX / WM-300 A Truck Stuck in the 1946 Wayback Machine Running the slow-revving flathead any faster than 45 mph is playing Russian Roulette with throwing a rod out the side of the block the result by B. Mitchell Carlson 1965 Dodge Power Wagon for-1940 Dodge civilian trucks with several cab and body configurations, including an SUV-like Carryall wagon. These VC-Series trucks held great promise, and they soon evolved into the WC-Series of military half-ton and lower-profile, three-quarter-ton WC-51 through WC-64 series trucks by December 7, 1941. The three-quarter-ton trucks distinguished them- B Details Years produced: 1946–68 Number produced: 95,145 SCM Valuation: $7,500–$25,000 (pickup) Tune-up/major service: $150 Distributor cap: $10 Chassis #: Forward section of the side of the left frame rail (right frame rail after 1960) near the forward shock mount; tag on the driver's door pillar Engine #: Flat boss on the left side of the block, along the cylinder head. Club: American Truck Historical Society P.O. Box 901611; Kansas City, MO 64190-1611 More: www.aths.org Alternatives: 1957–71 Dodge D-Series Power Wagon pickup, Dodge WC-Series and M37-series military trucks, pre-1959 Ford Marmon-Herrington 4x4 conversions, pre-1960 Chevrolet NAPCO 4x4 conversions. SCM Investment Grade: B- (for truck lovers) and F (for typical SCM reader). 36 selves as perhaps the best overall truck of WWII—as they were tougher than the Jeep and even the 1.5-ton Chevrolet—and more maneuverable than the latter to boot. Now in civvies When the war ended in 1945, Dodge saw a vast, untapped market for their three-quarter-ton WCs, mostly because of their versatility and the affection that GIs had for them. Vehicles used in combat zones stayed overseas—which included documented instances of them being dumped into the ocean after the war—as part of an agreement that automakers had with the military. Detroit didn't want to have the post-war market flooded with trucks built during the war. With only military trucks that were used on do- mestic bases available on the used-car market, it was a new-truck seller's market for Dodge. In addition to y 1940, military planners all but knew that the United States was eventually going to end up embroiled in World War II. Specifications were drawn up for military-specific truck configurations, and Dodge was at the forefront. Contracts were let initially for a series of half-ton trucks based on the new- their warmed-over pre-war truck—now called the WD series—Dodge also answered the demand for a civilian version of the military WC with the introduction of the Power Wagon. The Power Wagon (originally model WDX until 1957) had an all-business front clip that looked military spec, but it was completely new. Power came from a 230-ci, 94 horsepower version of the venerable Chrysler flathead 6-cylinder engine. Power flowed through a 4-speed transmission (later with synchronizers) and a stand-alone, two-speed transfer case to 5.83-ratio front and rear differentials. Initially, the pickup box had smooth sides, but in 1951, it became the same embossed high-sided box that was used on all pickups—and continued to be built well into the 1980s. In a swords-to-plowshares fashion, the Power Wagon was available with power take off (driven off the transfer case) to drive an optional front winch or rear belt pulley for farm equipment. A truck stuck in time The original WDX/WM-300 Power Wagon was vir- tually unchanged from its introduction in 1946 until it was finally discontinued for civilian sales in 1968. Externally, the only difference was the smooth-sided versus embossed-sided pickup box starting in 1951. The few changes over the years were mostly in mechanical details. The greatest change was in 1961, when the engine was changed to the 251-ci, 125 horsepower flathead Sports Car Market Photo: Mecum Auctions

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variant. This was externally larger than the 230-ci engine, and few parts interchange. From there on, only subtle mechanical changes and the serial number are the only sure way to know what year Power Wagon is sitting in front of you. What seems mind-boggling today is that even when Dodge started using its all-new B-Series cab in 1948, they kept using the circa-1940 cab for Power Wagons— all the way into 1968. During that time, the regular Dodge trucks went through four major cab configuration changes. All the while, the Power Wagon was stuck in the 1946 Wayback Machine. Even after the WM-300 Power Wagon was discon- tinued in 1968, a version remained in production for foreign military sales until 1978. This open-cab M601, or Special Power Wagon, was first built starting in 1957. The powertrain paralleled the WM-300 Power Wagon's, although they were powered by 225-ci Slant 6 engines after the last flatheads went out of production in 1972. It was sold and distributed through the Military Defense Assistance Program as a lower-cost alternative to the U.S. Military's M37—and because they were more of a generic vehicle than a very Americanmilitary-identifiable M37—which was especially handy in the era of deniability. Known users of M601's included the armed forces of Argentina, Denmark, Greece, France, Israel, Mexico, Philippines, and Thailand. The latter country in particular has been something of a Mother Lode for Power Wagon parts in recent years, as they have been coming out of active service. A slow collector Early collector interest in Power Wagons was stron- ger with the off-road crowd, but they've become more collectible in their stock form during the past 20 years. These are mechanical mountain goats and are not highway friendly, as 45 mph might be the land speed record. Running the slow revving flathead any faster than 45 mph—at that speed the rpm are 2,600—is playing Russian roulette with throwing a rod out the side of the block. Unless it was retired from a fire department, the vast majority of them were used hard as heavy-duty tools, and they will a need full restoration to return to stock. Parts availability is quite good—it is surprising what you can buy for them at the neighborhood NAPA. While restoration and parts specialists in the civilian Power Wagons have a pretty tight market, there's enough commonality with the military trucks—and their greater number of vendors—that parts prices have yet to become stratospheric, aside from some of the more unique sheet metal and trim. Two Power Wagons In 1957, the name Power Wagon assumed multiple personalities. While the original WDX Power Wagon stayed in production as the model W300, it was joined by Dodge's first “civilian” four-wheel drive, half-ton pickup, the W100. The truck was essentially a D100 with four-wheel drive. Dodge was keen to cash in on the Power Wagon name, so Power Wagon emblems appeared on the hood sides of the W100. As the line of four-wheel-drive pickups continued to expand to one-ton models and larger, by the next year the traditional W300 became the model WM300—but also retained the Power Wagon brand. The old and new styles of Power Wagons continued in parallel for another decade. The recent sale of a 1965 Power Wagon for $29,150 at the Mecum Indy auction in May 2011 (lot U47) showed that unique vintage trucks are defying the current uncertainty in the collector vehicle market. Originally a California State Park unit, this truck may not have had a purely authentic restoration, but it was close enough to stock—with concessions to driving in the 21st Century—to make it turnkey ready for any collector. Are Power Wagons collectible at large? Well, yes and no. They will never have the allure that say, first-gen Broncos or early Jeepsters have, as those two icons of the off-road set are simply more usable—dare we say fun to drive? But for collectors that have an extensive military-themed collection, it simply won't be complete without a Power Wagon—or two or three. ♦ August 2011 37

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Legal Files Martin Emmison Collector Car Funds: Is this the Next Market Development? We should all bear in mind what every financial prospectus reminds us: past results are no indication of future performance 1953 Bentley R Type Continental—a fund candidate? T hose who follow financial markets are familiar with the specialized investment funds that concentrate exclusively in collectible assets, such as art and fine wine. A new development for 2011 is specialized funds that will invest solely or primarily in those assets closest to our hearts—collector cars. This past winter, plans for two such funds were launched In Europe. The Classic Car Fund The first to announce was The Classic Car Fund, launched by a team led by Swiss-based enthusiast and financial expert, Filippo Pignatti Morano di Custoza. It is headquartered in Liechtenstein, a tiny, financiallyoriented principality that adjoins Switzerland, where di Custoza's family office will manage the fund. The unit of investment of this open-ended fund is 20 Euros ($29), with a minimum investment of 100 Euros ($145). The plan is that these units can be traded and encashed on the Hamburg Stock Exchange. As of early June, di Custoza told me that the fund has not yet reached its initial capital-raising target of 5 million Euros ($7.3m). When it does, the fund will start buying “certain high-quality, rare and historically relevant vehicles.” The managers plan to invest roughly 70% of the fund's available cash in classic automobiles, although exactly what era, type and value of cars are not specified. Five generic classes of collector car are listed on the website (www.theclassiccarfund.com). 38 A little stardust Indications show that the fund will invest only in the highest-quality cars. Photographs on the website show a Jaguar E-type, post-war Bentleys, and the 1962 Le Mans-winning Ferrari 330 TRi/LM. The Ferrari is included as an example of a car whose value has increased strongly in the past—rather than as an indication of what the fund hopes to acquire. The balance of the fund will be invested in a mixture of cash deposits, money market funds and the securities of companies in the automotive field; all of which is intended to provide the managers with the liquidity for further car purchases and investor encashment. The fund documentation states that its cars may be loaned to film companies, museums or private exhibits, and the net cash generated from these activities will enhance the financial return to the investor—and also raise the profile and value of the cars. The fund's cars may make occasional appearances at various events, to which investors in the fund will be invited (perhaps to enjoy the stardust of their cars being shown to the public). While the cars will probably be in professional storage, di Custoza plans a “sound, smell and touch aspect,” which will let investors enjoy the fund's cars. This may involve investors using a car, as long as this does not diminish its value. The team of advisers to The Classic Car Fund includes historic racer Peter Blond and various current and past luminaries of Christie's and Sotheby's, and is mainly Swiss-based. The management fee is set at 2% per year of the value of the fund, with a further performance fee of 20%. There will be a bi-annual valuation of the fund's cars, which will contribute to the performance rating, along with buying and selling activity. Investors can also monitor progress from the daily stock market quote, which will reflect the net asset value of the fund. The IGA Automotive Fund The other fund, announced in January 2011, is a Guernsey limited partnership Sports Car Market

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named The IGA Automotive Fund. A trio of Monaco-based British entrepreneurs and car guys, led by Ray Bellm, launched the fund. Bellm was a World Sports Car champion driver who until recently raced a Ford GT40. As is ever the case, much of the press coverage concentrated on celebrities Nick Mason and Gordon Murray, who are outside advisers to this fund. The fund will use U.S. dollars, and the plan is to raise up to $150m. A minimum of $500,000 is required to buy into this fund, although presumably a group of individuals could club together and commit their cash through a suitable investment vehicle. One purpose of setting up the IGA Fund as a limited partnership is to try to pre- serve the immunity from Capital Gains Tax, which British tax resident collectors (and those in many other non-U.S. tax jurisdictions) enjoy when making financial gains on selling a historic car. This fund is not open to U.S. investors, given the very real regulatory complications of selling financial securities to Americans. However, the principals intend this to be the first of several similar investment vehicles, and—if this first fund is a success—a similar fund will be created specifically for U.S. investors. This will be a closed-end fund, somewhat like the traditional private equity fund. On achieving the final closing, when all accepted investors have committed their cash, the fund will be closed to further investors—except possibly where the seller of a car accepts units in the fund as part of his sale price. When the managers make a cash call on the investors (as suitable purchases are identified and secured), the investors will stump up their funds, the cars will be bought and will then be held until the managers feel the time is right to sell each car. No flipping here The IGA Automotive Fund will be a long-term investment, and investors will be unable to sell or encash their investment until the fund has sold its cars, and has “cashed out.” For this reason alone, this fund is for very wealthy individuals and institutions who would not go hungry if (in the worst case) the collector car market suffered a major downturn, as it did between 1990 and 1995—or who do not need immediate liquidity during the likely holding period of seven to nine years. The annual management fee is 1.5% of the net asset value of the fund, plus a per- formance fee on encashment. This is like a profit share arrangement, once a minimum return of 8% compounded interest has been returned to the investors, mirroring how the private equity industry works. The glossy IGA glossy brochure states that “invest- ment will be limited to ‘best of class' examples of the world's most desirable limited production collectors' cars, and will be diversified between make of car, unit value and usage ensuring there is diversification of risk.” To be more specific, Bellm has emphasized that Ferrari constitutes some 40% of the collector car market by value. This, and the fact that six of the 14 cars pictured in the brochure are V12 Ferraris, gives a strong indication that Enzo's most desirable 250 GT models will feature strongly on IGA's shopping list. When funds permit, I would expect there to be added the odd 8C Alfa Romeo and/or pre-war Mercedes, a McLaren F1, an Aston Martin DB4GT (maybe Zagato), and a smattering of Jaguar and Porsche sports racing cars. An interesting quote from the paperwork is that “the Fund Manager will appoint a small number of experienced individuals to identify, source and acquire vehicles within their own specialist area of expertise in the market.” Bellm has declined to say who they will be, which makes good sense—if the acquiring dealers were identified as IGA representatives, it would not make their task any easier. The stated financial objective of the fund is that the “targeted internal rate of return is intended to be 15% per annum, net of fees and expenses.” While this may sound aggressive, a fund brochure argues that historically, high-quality cars appreciate in value at a fairly rapid pace. If glossy investment-fund brochures accurately predicted the future, the world would be awash with billionaires. A few of my own opinions follow. August 2011 39

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Legal Files Martin Emmison McLaren F1—your fund may own it, but will you get to drive it? Car Fund Q and A Will these two funds get off the ground, and will they soon be out there buying cars? I believe yes for CCF, but probably at a relatively modest level in 2011. I expect that the IGA Fund will achieve its first closing by the end of the summer. The sum committed by investors will probably be more than $82m, which would enable the managers to buy a few major cars before the year end. Will owners be prepared to sell their cars to these purely financial funds? Yes, I believe so. There are plenty of collectible cars out there that their owners will happily sell to a fund, including the occasional large collection whose owner would like to diversify into cash or other assets. Ray Bellm told me that since they launched the IGA Fund the managers have been offered cars totaling $150m. Will the investors get to enjoy the cars owned by their funds in any manner? Probably not, in the sense of an investor borrow- ing the fund's 300SL Gullwing for the weekend, as the insurance and administrative downsides of such a system would surely outweigh the rental and/or goodwill benefit to the fund. The most that an investor should expect is senior bragging rights while stroking the radiator cap of the fund's prize exhibit at a Villa d'Este champagne reception. 40 Will the anticipated gains in value be swallowed up in start-up, storage and maintenance costs and management fees? This is a risk, but if values rise significantly over the fund period it should not be a major risk. The IGA fund paperwork allows for a maximum 3% commission of the initial money raised to be paid to introducing agents, which would leave the fund with 97% to invest. While this level may be a norm in the investment industry, it is steep in my view. Ideally the management fees (as opposed to out-of-pocket outgoings) should be back-end loaded by reference to performance—and not taken along the way in large chunks bleeding the fund of cash. The costs of storage, insurance, upkeep, restoration and maintenance of the fund's cars are necessary and unavoidable, and if the value increases prove to be anyway near the historical statistics, I doubt that these costs (or indeed the management fees) will present a problem. Are these funds a welcome development in the collector car scene? SCMers will no doubt have their own views on this one. My approach is prag- matic. If a new factor appears in the market (love it or hate it) be prepared to get used to it. Who remembers the collector car world before “matching numbers” became an important factor? Ferrari's Classiche program attracted some criticism in its early days, but most traders will now tell you that a big V12 Ferrari that is not certified will likely suffer a discount. Are there more car funds getting ready to launch? I believe there are several groups or individuals who are planning—or maybe thinking about—launching a private or public car fund. Very likely they are waiting to see how these first two funds pan out. As they say in the comics, watch this space. ♦ MARTIN EMMISON is an English solicitor practicing in London, who specializes in transactions and disputes in the historic car field. He can be contacted at memmison@gdlaw.co.uk. Sports Car Market

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Event 2011 Saratoga Springs Invitational 3rd Annual Saratoga Springs Invitational The show field favored pre-war and sports cars, including a large array of 1920s and 1930s Packards and Pierce-Arrows by Bill Rothermel 1925 Amilcar CV with skiff body—winner of the Hagerty Preservation Award the concours and car show calendar—including destination, intimate venue, hospitality, and of course, great cars. The show field has grown from just 19 cars in its first year to almost 90 in 2011. The Saratoga Automobile Museum is the sponsor of the event, which was held on May 13-15, 2011. The City of Saratoga, home to 26,000 year-round residents, is just K a short drive north of the state capitol of Albany. It is a cultural and historical mecca with an active arts community, vibrant downtown, great architecture, and lots of shops and restaurants. The Museum itself is housed in a 1930s-era spring water bottling plant, and as host to the Invitational, is the center of weekend activity. Friday's calendar featured a road tour of the Mohawk Valley, along with a visit to a private collection that contained numerous Jaguars and Shelbys; lunch at the private 100-year old Lake George Club and Friday evening's cocktail party and gallery opening of “Forza Italia.” Curated by SCMer Ken Gross, a noted automotive author and historian, the current exhibit of 13 Italian sports cars runs through October 23, 2011 and ranges from a 1930 Alfa Romeo 6C 1750 Grand Sport to a 1953 Fiat 8V Supersonic to a 1969 Iso Grifo. Concours Saturday Details Plan ahead: The 4th Annual Saratoga Springs Invitational, featuring Cadillac, will be on May 10-12, 2012. Where: Saratoga Auto Museum, Saratoga, NY Cost: $10 More: www.saratogaautomuseum.org 42 took place adjacent to the Museum around the reflecting pool of the Saratoga Spa State Park headquarters—a lovely venue, indeed. Despite overcast skies, the eep your eyes on the Saratoga Springs Invitational. In just three years, this weekend celebration of the automobile has gone from local show to significant national event. Everything is in place for it to become a major player on temperature remained cool and the rain held off until mid-afternoon. The show field favored pre-war and sports cars, including a large array of 1920s and 1930s Packards and Pierce-Arrows. A reception and dinner was held that evening at the Saratoga Golf and Polo Club. Sunday morning was blessed with pouring rain, and organizers quickly moved events indoors to the Museum. SCMer Tom Cotter, author of The Cobra in the Barn and The Corvette in the Barn, gave an impromptu presentation, followed by the awards ceremony hosted by actor Edward Herrmann. Twelve honors were given, including the Hagerty Preservation Award to an all-original, never-before shown 1925 Amilcar CV with skiff body, engine-turned aluminum fenders, and lincrusta-covered body sides. Best of Show was appropriately awarded to the 1911 Rambler Model 65 Wide-Track Touring owned by SCMers Marty Moore and Rick Egan. ♦ Award-winning SCMers at the Saratoga Springs Invitational 2011 Ele Chesney 1928 Minerva AF Transformable Town Car, Hibbard & Darrin, Most Elegant Closed Avery Hall 1926 Packard 236 Phaeton, Chairman's Award Martin Moore and Rick Eagen 1911 Rambler Model 65 Wide Track 7 Passenger Touring, Best of Show Sports Car Market Bill Pope Alfa Romeo 8C 2300 Zagato, Most Exciting Sports Car Alan Rosenblum 1931 Duesenberg Convertible Victoria, Lewis Golub Award

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Event Villa d'Este 2011 Concorso d'Eleganza Villa d'Este There was so much to see and do it was overwhelming, much in the same way as Pebble Beach in August by Jérôme Hardy and executed, which left you with the difficult choice of when to go to each, even though there was near-perfect scheduling coordination. Studying the voluptuous curves of SCMer Joseph Cantore's 1938 Talbot-Lago T23 Teardrop by Figoni & Falaschi is a Ville d'Este Concorso treat that opens a box of dreams. Studying the voluptuous curves of RM Auction's 1938 Talbot-Lago T150C Teardrop by Figoni & Falaschi is another pleasure, although this time the price of achieving the dream was made clear by the $5m price tag. Finding joy in the silent running and craftsmanship of Norbert Seeger's 1933 Rolls-Royce Phantom II Special Town Car during the Concorso is memorable. Discovering a twin 1929 Rolls-Royce Brewster Town Car under the RM Auction tent 20 minutes later— selling at $719,208—reminds you that, as RM auctioneer Max Girardo would say, “It's only money.” All in all, 100 cars were on display between the two events. BMW added a high-quality motorcycle exhibit of premier quality—and a tribute to the 75th Anniversary of the BMW 328. Simply put, there was so much to see and do it was overwhelming, much in the same way of Pebble Beach in August. So, here we are: Villa d'Este in 2011 was on par with its North American counterparts, with all the pluses and minuses that implies. RM Auctions and BMW agreed that RM will host its Villa d'Este auction every other year, in sync with the Monaco Historic Grand Prix. Therefore, you will be able to fully enjoy RM Auctions in Monaco on May 12, 2012, and the Villa d'Este Concorso fully on May 25-27 with no compromises. It is a perfect, European solution. ♦ Italian coachwork adorns the plaza T wo different cultures joined forces in 1999 and overcame all difficulties for 12 years to build one of the best classic car events in the world, the Concorso d'Eleganza Villa d'Este. The Italians brought La Dolce Vita. The Villa d'Este Grand Hotel offered its beautiful, century-old gardens along the magnificent shores of the Lago di Como in central Italy. Throw in colorful azaleas protected by giant elms, San Pellegrino, Barolo wine, gelato and a slight breeze, and you get all of southern Europe in one tiny location. The Germans brought their ability to master all the things that can be humanly controlled—through BMW's full dedication. These two organizations built the perfect, European-minded up- scale classic car gathering. And it encountered worldwide success, with 25% of participants shipping their precious automobile from overseas to be part of this European experience, which is very different from the usual North American golf course fairways. The 2011 edition of Villa d'Este was for the first time complemented by another set of values—this time from North American culture—in the form of a sumptuous RM auction. Not surprisingly, RM Auctions' core company values are a blend of Italian “Casual attitude” and German “No room left for improvisation,” along with the North American culture of “Bigger is better” and “Money talks.” Both events, the Villa d'Este Details Plan ahead: May 25-27, 2012 Where: Grand Hotel Villa d'Este, Cernobbio, Lago di Como, Italy Cost: Saturday is invitation only. $15 for adults on Sunday, and no charge for children under 12 More: www.concorsodeleganzavilladeste.com 44 Concorso d'Eleganza on one side, and the RM Auctions in Villa Erba on the other, were perfectly crafted Roll of Honor 2011—Historic Cars Coppa d'Oro Villa d'Este Corrado Loprestom, Italy 1942 Alfa-Romeo 6C 2500 SS by Bertone Best of Show by the Jury Clive Joy, U.K. 1968 Alfa Romeo 33 Stradale Berlinetta Trofeo BMW Group Italia Trophy Award-winning SCMers at 2011 Villa d'Este Joseph Cantore, United States 1938 Talbot-Lago T23 coupe by Figoni & Falaschi Class Winner, Closed for Comfort Robert Davis, United States 1952 Siata 208 S Spider Mention of Honor, New Dawn Dietmar Götz, Germany 1966 Lamborghini 400 GT Mention of Honor, Swinging Sixties Style Jan De Reu, Belgium 1953 Siata 400 F Class Winner, New Dawn Martin Gruss, United States 1953 Fiat 8V Berlinetta Trofeo Foglizzo, Best Interior Design Peter McCoy, United States 1951 Ferrari 212 Export Berlinetta Class Winner, Fifties Chic James Patterson, United States 1933 Delage D8 S Roadster Class Winner, Open Sky Jean-Pierre Slavic, Switzerland 1963 Ferrari 250 GT SWB California Spider Mention of Honor, Swinging Sixties Style Jim Utaski, United States 1965 Aston Martin DB5 Trofeo BMW Group Classic, Most Sensitive Restoration Alex Vazeos, Great Britain 1935 Delage D8 105 S coupe Mention of Honor, Closed for Comfort Sports Car Market

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Insider's View E-type at 50: Still Beautiful, Still Treacherous My wife was overjoyed when the car arrived, and she drove it a grand total of two times Reaching the dispatcher at Rocket Towing, I explained my need for a tow home. He asked me what kind of car it was and I replied a light blue Jaguar. He asked my location, and I told him I was to be found standing by it in a driveway on SE Powell near 160th. Shortly, he had me back in my own driveway. Faced with the prospect of driving my company car (a `78 Pontiac) into town, I decided to fuss with the Jag a bit in the hope that I could solve the problem. I repeated to myself the old manta “fuel, air, spark” and started with the fuel. Turning the key, I listened for the fuel pump—but could hear no ticking. I removed the pump from the trunk, opened the casing and found it fully covered in corrosion. Calculating the likelihood of finding a new fuel pump on a Saturday at zero, I decided to clean it up and see. Some solvent and a couple of brushes later, it certainly looked like new, so I reinstalled it and turned the key. The big 6 caught immediately, so I washed up and delightedly headed back into the city. A few minutes later, the fuel pump once the engine stopped and I again shut down, coasted into the same driveway. I borrowed the phone and again called Rocket Towing. Giving my location and vehicle description, the dispatcher responded, “That's odd; we towed a blue Jaguar from that same neighborhood to Gresham earlier today.” When I explained that had been me, he laughed and said, “You know, I've been working here ten years and I don't ever remember ever before towing the same car from the same place to the same place twice in one day.” I suggested that should earn me a discount and he readily agreed to half price on the second tow. Returning home, I pushed the Jag into the garage to await a new fuel pump and left in the Pontiac. George Eshaghian, Beverly Hills, CA: I T 46 his year, the Jaguar E-type turns 50 years old. Few sports cars are as beautiful—and few inspire so many tales of love—and broken hearts. We asked SCM readers to share their tales of Jaguar E-types: Jack Roberts, Indialantic, FL: It was the spring of 1979, and after a succession of British and Italian sports cars (TR-3, Sprite, MGC GT, AH 3000, TR-4A, plus a couple of 124 Spiders, three Volkswagens and a 1967 E-type coupe) I had finally worked my way up to the car I'd wanted since junior high—an E-type roadster. It was just 10 years old, ran well and with some fresh paint and a little upholstery work, looked fabulous. I rose to be greeted by the sun, always a pleasant surprise on Portland weekend, and decided to dust off the Jag and head into the city. I lived in Gresham, a suburb about 15 miles east and had progressed about a third of that distance when suddenly, the car simply stopped running. I coasted into a driveway and borrowed the phone. purchased my 1974 E-type in 2005 as a gift for my wife. My wife would often recall the beautiful E-type owned by a neighbor when she was a young girl, so as a surprise I found the car on eBay being offered by a dealer in Oklahoma City. I spoke to the dealer, and when the car didn't sell via the online auction, I decided to go take a look in person. The dealer picked me up at the airport. On the drive out to his showroom, I probably should have heeded warning signs, as he basically told me that eBay was the way to dump the dogs. I called him out on this, and he of course, said that the Jag was the exception. It was a beautiful British Racing Green over tan convertible that was in lovely cosmetic condition, and it drove reasonably well Sports Car Market

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Insider's View whenever the weather here in Northeast Ohio lets me. I have several other cars—but none as pretty as the E-type—and every time I drive it I still think of my Dad. Russ Smith, Lincolnshire, U.K.: As proof that the E-type can still weave its magic with the opposite sex, I was out in my 1968 2+2 when I met my now wife, Yve, eight years ago. I knew she was going to be my wife when it turned out she had nearly bought an E-type herself and had her own books on them. So of course, the Jag also had a starring role at our wedding in 2005. Andy Bogus, Torrance, CA: I have come Loper's Series I E-type that day in Oklahoma. Since I think my father had already leaked news of the “surprise” to my wife, I was not going to come away emptyhanded, so we made the deal and I had a transporter pick up the car a short while later. My wife was overjoyed when the car arrived in California, and she drove it a grand total of two times—that first day it arrived and the day the transporter came to pick the car up when I sold it several years later. The car was notoriously unreliable and left me stranded several times. I gradually sorted the car out, between electrical problems, brake issues, cooling system problems and the like, but I never fully trusted the car, and we simply didn't drive it enough. I had been advertising the car in SCM classifieds, Hemmings and a few other places, when I received an email from SCM seeking cars for the first season of “What's My Car Worth?” I offered to bring the Jag to the Petersen Museum. Keith and the producers of the show were interested in the Series III as a sort of upand-coming model (or perhaps they couldn't find anyone else to fill out the schedule), and we made arrangements to bring the car over for the taping. I had the car cleaned and detailed, and my most mechanically inclined friend came along just in case the Jag decided to be disagreeable. Inside the Petersen, and under the bright lights, the car really looked fabulous. Keith gave the car a solid #2 rating, and we had a fun day talking to other owners and touring the museum. I drove the car home without incident (perhaps one of the few times where I was able to complete a round trip without trouble). Before the episode of “What's My Car Worth” aired, I sold the car to a buyer in Australia. I had mixed feelings when the carrier came to pick up the car. The car was truly an icon and there was nothing quite like sitting behind that long sexy hood with the top down. Phil Goodfellow, Mesa, AZ: This one dates back 40 years or so. I was a young guy looking for another fun car. You know, fast, great handling, good looking—and it had to sound good. I already had my Corvette and Z/28, so I wanted to try something foreign. It 48 boiled down to an Alfa Romeo Spider Veloce and an E-type. I had already driven the Alfa, and so now it was the Jag's turn for a test drive. WOW! What a good looker, handled okay, fast and sounded good and then—the clutch went out! The owner says, “Oh, don't worry. That happens all the time.” I thoroughly enjoyed my Alfa for the next three years. Pat Lind, via email: Back in the late 1960s and early 1970s, I was working as an apprentice mechanic at a MG-Jaguar-LotusFiat-Toyota store in Waterloo, IA. At the time you could buy a nice E-type from a frustrated owner for a few thousand dollars. I even had a 1963 given to me, the guy was so mad! One Saturday morning I was taking my girlfriend (now wife) to the airport in my E-type coupe when the fuel pump decided to start stop working. The SU fuel pumps had a bad habit of the points “sticking” which stopped the flow of fuel. The standard repair initially was to give it a whack, which many times would get it pumping again. I removed the floor panel that covered the spare tire and the fuel pump. Every time the pump would stop, my girlfriend would smack it with a clothes rod we had in the car. We got to the airport no problem, but on the way home my ability to drive and try to hit the pump was going to be a problem. My brilliant solution: When the pump stopped, I drove onto the shoulder until I hit a pot hole large enough to jar the pump back into action. Chuck Loper, via email: I was 4 years old in 1961 and remember it like it was yesterday. My dad worked for the British Leyland dealership on Long Island, NY, and had just received one of the first E-types to come to the country. It was white and sat so low it barely made it up our very long and steep driveway of about 150 yards. My dad was delivering it to its new owner the next day and brought it home the afternoon before. I spent the day outside looking at it and then pretended at night that I could take it out for a drive. In 2007—46 years later—I found and bought one of the nicest E-types available at the Amelia Island auction. I have had it 4 years now and taken it to many shows and drive it at close on two separate occasions of owning an E-type. The second time was boring and the result of a pragmatic decision, the first, well, that was a bit more annoying. It was 1984, and I was in college. Near campus was a small service station. At the end of the parking area, near the street, was a yellow 1972 (or so, I never did find out) E-type roadster. V12, 4 speed. A fellow college student indicated that the car might be for sale for about $5,000. I was like, “DAMN! I have that kinda money!” Not that I was loaded, but I easily could have afforded it if I had sold my 1976 AMC Pacer—yes, a Pacer, a Christmas gift from my Mom in 1981—and cashed in the inheritance from my Dad's estate. So I go home one evening and proceeded to regale my Mom, who liked cars only as much as she had to—for the most part they were depreciable assets—about how cool this car was! And that I really wanted it! Oh, and it was British, just like her! And that it was going to appreciate in value (yeah, right, she says, all of her accounting and business degrees, against an 18-year-old with no knowledge). In short, I was doomed. Then my brother, Roy, came over and chimed in. He asked how big the engine was, and I said, “Just a little bigger than what is in the Pacer now.” Which was absolutely true—4.2 liters versus 5.3 liters! Then he had to ask if it was a V12—TORPEDOED. The Jag was gone a few days later, so I never did build up the courage to actually check it out. In hindsight, I was better off without it, but at the same time, I wish I had had the chance to do something so brave, so avant garde. Alas, 15 years later, when I saw a Series 1.5 coupe for sale for the right price, I thought long and hard, but wisely said no. My then girlfriend said I could park it in her barn, but the realistic side of my subconscious told me that the garage storage option was going to be short-lived. I was right, as we broke up 4 months later! My senior brother, Paul, didn't fare much better, either. In 1967, he was easily able to afford one, but needed our Dad to co-sign the loan—and he wouldn't do it. I look back on the E-type and realize that it simply wasn't to be. One day, perhaps, I will own one. Until then, I will view from a distance and appreciate their beauty and let someone else pay the service costs! At the Sports Car Market

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Insider's View Theophilos' 1972 Series III E-type same time, I sometimes wonder how I became such a gearhead when just about everyone else in the family was not —or worse yet, actively trying to marginalize it... a Pacer? For crying out loud. I did end up cashing in that inheritance... on a thoroughly practical 1981 Toyota Celica GT coupe. When I ran the CARFAX on it a few years ago, it revealed I was robbed; someone had put GT badging on a base ST coupe! The car was OK, but not great. For what it is worth, I am into Corvettes these days... So I am marginally redeemed, I guess. Steve Sunshine, New York, NY: I was 6 years old in 1961. The first time I laid eyes on the E-type Coupe, I went into a jaw-dropping, hypnotic state. I had never seen anything so beautiful. From my 20s on, I have owned many vintage sports and race cars but never an E-type. Why? Because I never thought I found the right one. In 2005, just before my 50th birthday, my wife decided to make it my 50th birthday present. A two-previous-owners, 30,000-mile, documented 1961. It is the 201st car built and was featured at the New York Concours d'Elegance in Central Park in 2005. I will never sell it because when I walk into the garage, I become 6 all over again. Tony Theophilos, San Francisco, CA: Six years ago, I was at one of the auctions held in conjunction with the Pebble Beach Concours. My wife and I were staying with friends in Carmel Valley, and she had remained at their place to get ready for dinner while I attended the auction. As is my practice, I had registered to bid, just in case I saw an inexpensive item of automobilia come up. Instead, I saw a beautiful 1972 Series 3 E-type OTS that I just couldn't resist. I raised my paddle and became the winning bidder before I had even realized what I had just done. Since I hadn't anticipated buying a car at the auction, I had to give the auction company three credit cards to pay for it. Now, the only problem that remained was deciding how to break the news to my wife. Thinking that honesty is always the best policy, I drove the car back to our friend's house, parked it in front and went in to tell my wife that I had a surprise I wanted her to see. Unfortunately, I should have chosen my words more carefully. On seeing the car in all its majestic glory, she exclaimed excitedly “For me???” What could I say? I owned the car for ten years and only sold it about three months ago. Jeff Pulford, via email: I was working my first job in Buffalo, NY; I was eleven years old. I delivered the daily paper through deep snow and on (the few) sunny days throughout the year. When I collected the money to pay for the paper I enjoyed my financial success by splurging on a cheeseburger, fries and a small Coke at McDonald's on Sheridan Drive. Under original golden arches, sitting on the outside bench along the side of the building, I viewed the parking lot of a Jaguar dealer with an array of every production color of XK E-type available, lined up side by side. What an awesome sight. “Someday,” I thought…. After completing college I sought out an E-type roadster. Back then there were nice examples listed in my local paper's classified ads (the Washington Post). I found one, a 1971 Series II that had been freshly painted Old English White with red leather and a black top. 50 Sports Car Market

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I had been told these cars were expensive to maintain and I should have a knowledgeable Jaguar expert check out the car. So, I obtained a referral to “a guy who knew Jags.” Like me, he thought these were beautiful cars. After six months of pure enjoyment, my freshly painted daily driver began to show rust. And the clutch started to make noises. That is a big, expensive, engine-out job. So, I removed the glass panels from my landlady's basement sliding door and drove my Jag into the basement with an eighth of an inch on each side to spare and began to disassemble. My Bentley's Guide led me through the disassembly nicely—until I got to the part where he says to remove the torsion bar reaction plate. Novice that I was, I could not budge the bolts. I even had the strongest guy I know try with no luck. So I turned to an expert (nicknamed “Jaguar Joe”) for advice. He told me to get the tension off the bolts. I eventually discovered I had a lot more rust than I expected. I was making payments on this car as it disintegrated before my eyes. Repairing the rust was beyond my ability—and my budget. I got the new clutch in and dropped the en- gine back in place. Then I hooked everything up and turned the key. The engine turned over time and time again with the help of the starter, but it just did not want to come to life. By chance, I asked a clerk at the local speed shop if he had any ideas. He did. “Try new plugs; for a few bucks you can at least rule out fouled plugs,” he said. I had replaced the plugs just before the engine came out so I had no expectation that his solution would work. But it did. Live and learn! I spent the next two years gathering parts as I could afford them from places near and far. I took the car and accu- mulated parts on a flatbed to Jaguar Joe (after all, he was already involved so I thought he would “take care of me”) and asked how much it would cost to finish the job. This is when I was told that “If I had to ask….” At this point, I thought maybe I should shove the car over a cliff and keep making the payments, as it would be cheaper. I asked Joe if he knew anyone who could help me out. A few blocks away, two brothers in a small shop took me on as a project with only one stipulation—that I not be in a rush. They would work on my car between other repairs. I told them to just put it back together and make it look good enough for me to sell. A Pure joy—when it's running year later they called me. Just $2,500 later— really!—I had my XKE restored, beautifully. It was repainted Old English White lacquer and looked like a million bucks! I enjoyed the miles I have put on my XKE over the 25 years since the restoration, always checking the weather to make sure there was no rain in the forecast (rust avoidance). From my dreams outside McDonald's to now, I've had my share of trials, tribulations and fun. ♦ August 2011 51

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From the Paddock Murray Smith The 276 mph Bluebird—and a 1,000 mph Bloodhound The third motor—a 700-hp Cosworth Formula One engine—will pump several tons of fuel into the rocket motor in 20 seconds Andy Green with Malcom Campbell's Bluebird A s a boy I was mesmerized by the pace and nomenclature which characterized Land Speed Record Cars in the decade or so before I was born. Golden Arrow, Speed of the Wind, Thunderbolt, and of course, Bluebird, which was driven by a man whose name absolutely stood for SPEED: Malcolm Campbell. While record cars of the Post-World War II era went even faster, their names—Green Monster, Wingfoot Express, Golden Rod and Blue Flame—don't quite evoke for me the magic of a multi-ton streamlined vehicle slipping and sliding down Florida's Daytona Beach, just out of reach of the breaking surf, at 276 mph in March 1935. But I was rather taken by the name of a post-War British contender, Thrust, and its owner, Richard Noble, when they started to take aim at the land speed record in the 1980s. Like many other great British endeavors, it was terminally underfunded, and it leapt from one potentially disastrous crisis to another. But an inspiring mix of raw courage, tremendous team spirit, talent, and optimism fueled the project. From humble beginnings, when Noble tested at some 116 mph in 1980, the effort culminated with a rousing crescendo when Noble, driving Thrust 2, managed to cross the Black Rock Desert in Nevada at 633.468 mph in October of 1983. Guts indeed! For some years now, I have been lucky enough to conduct a series of interviews with the greats of the automobile world on behalf of the Rolex Watch Company at some of their racing events. I've heard 52 first-hand impressions of what it was like to navigate Puke Hollow at Langhorne from Parnelli Jones and Mario Andretti. Jackie Stewart recounted his darkest feelings on leaving his home in Switzerland for the fearsome German and Belgian Grands Prix at the Nurburgring and Spa. Crazed abandonment—and weapons-grade cool But I have to say that Andy Green, this year's Grand Marshal at the Rolex 24 at Daytona, just about takes the cake for sheer, crazed, hang-it-all-out abandonment—combined with real, steely analytical, weapons-grade cool. I met Andy a few years ago while having lunch with Brian Redman at the Goodwood Drivers Club. A tall, solitary immaculately dressed stranger was eyeing the salad bar while Brian and I were eyeing the Gold Star on the top of his British Racing Drivers Club Badge, which is only given for outstanding automotive achievement. That achievement, of course, was breaking the Land Speed Record in 1997 by reaching 763 mph—and, in the process, becoming the first person to break the sound barrier in a car. I said to Brian, “Who's that?”—and then wandered up to find out. Andy told me who he was—with a quiet modesty that hides what he does in a land speed record car, a bobsled, or a Royal Air Force jet fighter—and then sat down and joined us for lunch. I thought to myself, “This guy is perfect for the Grand Marshal gig Sports Car Market

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at Daytona,” especially given the long history of land speed record attempts at Daytona Beach. For years we tried to get Andy's schedule in synch with the start of the Rolex 24 at Daytona, but it has always conflicted with the famous Cresta Run in St. Moritz, where he was the captain of the RAF Bobsleigh Team. But Andy was available in 2011—if we could get him back to Switzerland the day after the Rolex 24 was over. Andy was committed to hurling his sled down the Cresta Run (where his RAF Team won the inter-services championship). Once Andy arrived in Florida, the first priority was to get ourselves in the room where the Daytona International Speedway keeps Malcolm Campbell's iconic Bluebird. What an amazing piece that car is, with coachwork by Gurney Nutting, long and blue, with a tiny aircraft style cockpit and great, big balloon tires. We had received special dispensation to climb the velvet rope, and Andy could not restrain himself from inserting his lanky frame behind the Bluebird's wheel. A dazzling dinner Then we unleashed Andy on an amazed crowd at the Rolex 24 at Daytona pre-race dinner. I have never seen so many good and experienced racing drivers, such as Hurley Haywood, sit transfixed by his story of breaking the sound barrier on land. Andy's next endeavor—1,000 mph on a South African desert in a triple-engined creature called “Bloodhound”—also held the group's attention. Now, imagine the triple-engined Bloodhound and what Andy is plan- ning to do with it. First, he will light up the fighter jet engine, which will propel the vehicle towards the speed of sound. Then somewhere in excess Green behind Bluebird's wheel of 700 mph—while making sure that the projectile in which he is sitting is pointing more or less straight—he will ignite the rocket engine. Andy said the third motor—a Cosworth Formula One engine uprated to 700 horsepower at 20,000 rpm—will then pump the rocket fuel, several tons of it, into the rocket motor in 20 seconds. This ought to take the car—and Andy—through the coveted 1,000 mph mark. At this stage, everyone broke out into spontaneous applause—and we were all probably thinking, “Rather you than me.” It was the first time I have been totally stunned by one of our guests. ♦ August 2011 53

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Ferrari Profile 1957 Ferrari 500 TRC Spider by Scaglietti When running, the sound of the gears and mechanicals whirling and whining is like nothing else in the automotive world by Steve Ahlgrim Details Year produced: 1957 Number produced: 19 (17 500 TRCs and two 625 TRCs) Original list price: $10,000 SCM Valuation: $3,000,000–$4,200,000 Tune-up cost: $3,000 Distributor caps: $600 (two required) Chassis #: On front cross member Engine #: Center left crankcase above water inlet Club: Ferrari Club of America, P.O. Box 720597, Atlanta, GA 30358 More: www.FerrariClubofAmerica.com Alternatives: 1939–40 Alfa Romeo 6C 2500 Competizione, 1962–63 Mercedes-Benz 300 SLR 1956–57 Porsche 550A SCM Investment Grade: A Comps 1957 Ferrari 500 TRC Lot 140, s/n 0670MDTR Condition 1- Not sold at $3,200,000 Chassis number: 0670MDTR F ollowing engineer Aurelio Lampredi's departure from Ferrari in 1955, a new engineering team was formed for 1956. These highly skilled men soon came up with a new 2-liter sports racing car: the 500 TR. This was the first Ferrari designated with the now-legendary name “Testa Rossa.” The 4-cylinderengined Type 500 TR was introduced in 1956 and was the successor to the 500 Mondial. Seventeen examples were built, and they became favorite sports racers for privateers the world over. Half a year later, the FIA issued new regulations. The 500 TR was outlawed, the windscreen now had to be symmetrical over the axis of the car with a height of at least 5.9 inches, a soft top was required, and the gas tank capacity was to be 31.7 gallons. A passenger door was mandated as well. Engineers, mechanics and designers began a race against the clock. By the end of 1956, Ferrari announced the 500 TRC, a new model which adhered to all of the new FIA regulations. Pininfarina designed an entirely new body for the car, which was built by Scaglietti, and it is rightly regarded as one of the most beautiful Ferrari racing spiders ever built. The Ferrari factory sold the TRC to private custom- ers all over the world as a winning weapon for sports car racing. The small group of 19 cars was produced within 54 one year. Less than twelve months after its introduction, however, the 500 TRC was replaced by the 12-cylinder 250 Testa Rossa. As Ferrari's last 4-cylinder sports racing car, the 500 TRC truly marked the end of an era. The car on offer today is the sixth of these 19 total cars. It has been owned by a succession of enthusiasts, the first two of which actively raced the car in period. The third owner and his family owned the car for more than three decades. The 500 TRC, with its clean and elegant lines, is re- garded as one of the most beautiful sports racing Ferraris ever built. Chassis 0670MDTR is a matching-numbers car and totally authentic. Its entire history is known and has been very carefully researched and documented by marque experts. Moreover, it is eligible for almost every historic event in the world, be it an open road, closed race course or manicured show field. Some Ferraris may have achieved greater notoriety, but to the connoisseurs, none of the front-engined cars are more important and prestigious than the highly sophisticated 4-cylinder 500 TRCs, which combine perfect aesthetics with tremendous driving pleasure. SCM Analysis This car, Lot 132, sold for $3,986,360, including buyer's pre- mium, at the RM Villa d'Este auction on May 21, 2011. Sports Car Market 1957 Ferrari 500 TRC Lot 472, s/n 0670MDTR Condition 2 Sold at $2,285,500 RM Auctions, Monterey, CA, 8/18/06 SCM# 42568 Gooding & Co., Pebble Beach, CA, 8/13/08 SCM# 117595 1957 Ferrari 500 TRC Lot 65, s/n 0686R Condition 1 Not sold at $814,286 B-J/Coys, Monte Carlo, 5/26/00 SCM# 9659 Photos: Hugh Hamilton ©2010 Courtesy of RM Auctions

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SCM Digital Bonus Long before Porsche had a removable top panel “Targa” model, the word meant something different in the automotive world. Targa was the short name for the Targa Florio, which was one of the most difficult and important sports car races ever staged. It ran over multiple 43-mile laps of Sicilian countryside, and each lap included terrifying mountain roads and a gut-check 3.7-mile straight. The route's elevation changes often meant adapting to different weather conditions, but the most nerve-wracking section had to be the highspeed passes through small towns packed with spectators standing inches from your path. The Targa Florio was eventually canceled after a fatal accident, and a former lap record holder called the race “totally insane.” Porsche named their new removable-panel 911 model the Targa after several Targa Florio victories. It is likely that the celebrated race was also the motivation for the purchase of our subject car. The original owner lived in Sicily, and the car competed in the Targa Florio five times. The car was used in other competition events, but it was surely the desire to do well in the Targa Florio that influenced the purchase. An engine like a watch The 4-cylinder Ferraris have a very thin market. The engines are thought to be somewhat fragile, and the number of guys who really know what makes them tick can be counted on your fingers. Four-cylinder parts are nearly nonexistent, and their performance lags the 12-cylinder cars. On the other hand, the 4-cylinder engine is like a fine watch, the castings are jewelry and the internals are so complicated they are a marvel to study. When running, the sound of the gears and mechanicals whirling and whining is like nothing else in the automotive world. There is a group of hardcore followers that know everything there is to know about every 4-cylinder Ferrari. These fanatics often can't afford the cars, but they get enough converts to keep the market interesting. Calculating a price So, how do you put a value on a car when there were only 19 of them ever made, and they almost never come to market? You start with what it's not worth. There were roughly 125 4-cylinder Ferraris built. Figuring that the TRC is the premium car of the 4-cylinder models, you search for any 4-cylinder sales and use them to set a bottom. Next, you look for recent sales of more desirable cars, like a 250 Testa Rossa, and use those to set the top bracket. If you're lucky, you'll have a small spread where the buyer and seller can find the sweet spot. Fortunately, there were price points to work with on this car. RM previously sold this very car at their 2006 Monterey auction for $2,282,500. Gooding & Company offered the car again at their 2008 Monterey auction, but the seller turned down the $3,200,000 high bid. That helps figure how the seller might value the car today. The auction estimate was roughly $3,700,000 to $4,700,000, and the sale came in at a respectable $3,986,360. Ignoring all expenses, the 2008 to 2011 return was 73%. The Italian venue appears to have been the correct choice for a sale, as in euros the sale was only up 57% from 2006. The return was further enhanced by maybe $100,000, as a spare engine and miscellaneous parts package included in the 2006 sale were not offered this time. It was reported that the car had a United States title, which could add 19% to the price for a European buyer. The best of a small bunch This car may be the best of the 500 TRCs. It has an exceptional provenance with history from new. It had an extensive racing history, but it is free from any notable damage. It has been maintained by the right people and is not in need of any significant work. The buyer was lucky to put out just enough money to get the car bought without overpaying. The seller got a nice return and some personal time with one of the great cars of the automotive world. All told, both parties had a good day at Villa d'Este. ♦ (Introductory description courtesy of RM Auctions.) SCM Digital Bonus. Additional images, and more... August 2011 55

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Sheehan Speaks Michael Sheehan Too Many Serial Numbers As a certified anorak, I'm amazed at how often non-matching serial numbers were quietly swept under the table by some sellers the assembly plant location and the twelfth through seventeenth digits (085788) are the actual serial number of the car. While the full Ferrari 17-digit VIN code breakdown takes six pages to fully explain, it's cast in stone and leaves nothing to chance. So, what gives with different VIN codes on the same Ferrari? Déjà vu, all over again We last faced this same dilemma two years ago when we were asked to market 2000 Ferrari 550 s/n ZFFZR49A3Y0117133. The owner had supplied a great set of detailed photos. The chassis stamping and steering column were correct, but the warranty card was s/n ZFFZS49A8Y0117133 (different restraint system and check digit), the bar coded VIN showed ZFFZR49A3YO117133 (a non-existent assembly plant) and the door plate had the correct VIN, but the build date was stamped SEPTEMBER 1998, which was a full year too early. An email to the dealer who had sold this 550 new Make sure the numbers match O ur story began when a client asked us to market his ultra-low mile, twoowner Ferrari F40, s/n ZFFMN34A0L0085788. With only 499 unusuallywell-documented miles, a mere two owners over 21 years and an unbroken paper trail from new, the pedigree didn't get much better. The owner understood that a great set of photos is essential to marketing and so had his mechanic supply 70 high-resolution photos modeled after what we normally use on our website. The photos were sent to the team who do our hardware, software, website and e-mailers for photo processing. While they were doing their due diligence, they noticed that the aluminum door plate, the chassis stamping, the steering column and the warranty card all carried the correct VIN of ZFFMN34A0L0085788, but the bar coded VIN (ZFFMN34R2L0085887) on the driver's door pillar didn't match. Crash repair? Stolen parts? The dark-side conclusions a buyer (or a law-enforce- ment or customs agent) might draw are many. However, with this F40 and the 550 we discuss below, it turns out that it was simply a factory screwup. Read on. Decoding a Ferrari VIN The eighth digit in the correct chassis number was an “A” and showed this was a left-hand-drive Ferrari sold new into the North America or Middle East markets. The incorrect BAR-coded VIN carried an “R” which doesn't match with any of Ferrari's market codes for the eighth letter in the VIN. Additionally, the ninth digit in the correct chassis number was a “0,” which is a check digit number. The BAR-coded VIN carried a “2,” which is the wrong check digit in the VIN. All VIN numbers are a standardized code dictated in 1981 by the National Highway Traffic Safety Administration. On all Ferraris built after 1981, the first three numbers (ZFF) are for Italy and Ferrari. Using this F40 as an example, the fourth digit (M) is for the engine type, the fifth (N) for the restraint system, the sixth and seventh (34) show the model type. The eighth digit (A) is for the sales market, the ninth (0) is a check digit and the tenth (L) is for the model year. For those truly into minutia, the eighth digit—although listed as a market digit—is actually arrived at through a fairly complex calculation, which is why they seemingly vary. It is this way so an unscrupulous individual can't create a VIN without the formula, which is protected by each manufacturer. The eleventh digit (0) shows 56 confirmed they had seen the discrepancy but did nothing. The car had been special ordered and the eager new owner wanted his new car “now.” As a certified anorak, I'm amazed at how often non-matching serial numbers are quietly swept under the table by some sellers. For those who don't know, in British slang, an anorak is usually a socially inept person—almost always male—with an obsessive- compulsive hobby that includes tracking and recording incredibly detailed information on arcane subjects, such as trains, cars, airplanes, or luxury yachts, all of which is normally regarded as more than staggeringly boring by the rest of the population. I, naturally, charged into the mismatched VIN quag- mire in an attempt to solve the problem. An email to one of the historian groups I belong to brought a response from Andrew Wass, who commented that this 550 was one of the two first 2000 model year 550 Maranellos sent to the United States that year, so the mismatch was probably a very early production screw up. However, the discrepancy should have been spotted at the factory, again when this 550 came through customs and was inspected at Ferrari North America's facility in New Jersey, and again at the selling dealer during their pre-delivery inspection. It either wasn't spotted or was just ignored. Value added by solving the problem Why do we care about a mismatched number on the door plate or the restraint system? All Ferraris from the 360 and 575 onward have the VIN encoded into the onboard computer, and it can be very problematic when the diagnostic computer tells you WRONG VIN. Needless to say, mismatched numbers can become a very ugly problem if the car is in an accident and there is an insurance claim, if it is stopped and checked by the police, during a smog or DMV VIN check—or when the car is for sale and it is inspected by a shop or buyer who does more than the usual due diligence. Sports Car Market

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The thoughtful dealer and brokers who do go through the drama to understand the system—and have the patience and capacity to get the mistakes corrected—add both peace of mind to the owner and value to the sale. And now the good news The good news is that Ferrari North America has dealt with these problems before, and they have assigned a rep to this problem. If the rep determines it is necessary, the factory will generate a correct door plate, a new warranty page and a new door plate or BAR code sticker in about 60 days and have it installed at the local dealer. In the case of the wrong computer VIN, the factory will re-flash the dash to make the corrections. There is no charge. If the owner lives far from an authorized dealer, Ferrari North America will send out a service representative to the owner's home or to a local independent shop for installation—again at no charge. On those rare occasions when the VIN number is stamped incorrectly into the chassis, the Factory will repair the problem but they require that an authorized dealer do the work. Avoiding CARFAX and Ferrari Chat Over the years, I've come across multiple Fiat- and Montezemolo-era Ferraris with the same problem— from Mondials to Testarossas to F40s. As for the variations on the same problem in the Enzo-era Ferraris, that could be a short book of examples. All dealers agreed that avoiding a problem with the police and state departments of motor vehicles was priority one, and keeping any chassis or data plate discrepancy off a CARFAX report or far away from www.FerrariChat.com was equally as important. A CARFAX problem—or one of the many endless threads Check the VIN number here as well... on FerrariChat—could make a future sale problematic. It's much better to solve any problem when it is found. Ferrari is very cooperative, and the expense and drama of a title bond can be avoided if the problem is quickly dealt with through Ferrari North America. While very few owners will ever face this problem, it is always a possibility and (at least to this anorak) a technically interesting problem that screams for solution. It always pays to do your due diligence when checking a Fiat- or Montezemolo-era Ferrari for manufacturer identification discrepancies. Catch them before a routine vehicle stop ends up resulting in a vehicle seizure, which is a sure way to ruin your day. When buying any Ferrari, take the few minutes to check the VIN numbers and build date info—and if you already own a Ferrari with a problem, take care of it before a uncommon molehill becomes a mountain of red tape. ♦ August 2011 57

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English Profile 1963 Aston Martin DB4 Convertible Barn Find Once you got up close, it was actually dead straight and not rotten, probably thanks to having been put away for so long by Paul Hardiman Details Years produced: 1961–1963 Number produced: 70 Original list price: $12,457 SCM Valuation: $341,300–$525,000 Tune-up cost: $900 Distributor cap: $83 Chassis #: Engine compartment on right of firewall Engine #: Stamped on right side of engine block Club: Aston Martin Owners' Club, Drayton St Leonard, Wallingford, Oxfordshire OX10 7BG More: www.amoc.org Alternatives: 1960–1964 Maserati 3500GT Spider, 1957–1964 Lancia Flaminia Touring Spider, 1964 Citroën DS23 Decapotable SCM Investment Grade: B Comps 1963 Aston Martin DB4 Vantage Convertible C lassically proportioned and instantly recognizable from the moment of its introduction in 1958, the Touring-styled Aston Martin DB4 established a look that would survive, with only minor revisions, until 1970. Designed by Tadek Marek and already proven in racing, the DB4's new twin-cam, 6-cylinder engine displaced 3670cc while the gearbox was a new David Brown 4-speed, all-synchromesh unit. An immensely strong platform-type chassis, designed by Harold Beach, replaced the preceding DB2/4's multitubular space frame. Boasting disc brakes all around— and with 240 horsepower on tap—the DB4 was the first production car capable of accelerating from a standing start to 100 mph and back to rest again in under 30 seconds. The DB4 was available only as a closed coupe until September 1961, when the convertible version was unveiled at that year's Motor Show. Never listed in the AMOC Register, DB4C/1104R has had only two owners from new, having been purchased by the current vendor in 1978 from the first owner, agronomist Professor Geoffrey Emett Blackman, FRS. At the time he purchased the Aston, Geoffrey Blackman was Sibthorpian Professor of Rural Economy at Oxford University and Director of the Agricultural Research Council Unit of Experimental Agronomy there. The Aston has been laid up in dry storage ever since 1979 and currently displays a total of only 60,000 miles on the odometer. The engine is now back in the car, which 58 is presented in barn find condition, ripe for sympathetic restoration. An exciting and potentially most rewarding project for the Aston Martin enthusiast, DB4C/1104R is offered with instruction manual, workshop manual, parts catalogue and Swansea V5 registration document. SCM Analysis This car, Lot 309, sold for $502,405, including buyer's premium, at Bonhams' annual Aston Martin sale at Works Service, Newport Pagnell, U.K., on May 21, 2011. It might have looked a beater in the catalog, but that was down to the “barn-find” photography, which was artfully shot in moody light. Bonhams does market its star cars well. Once you got up close, it was actually dead straight and not rotten, probably thanks to having been put away for so long. Obviously the paint had deteriorated, but the body and chassis were solid. The motor and gearbox were lightly corroded and only standing in loosely, having been removed for a rebuild, but I reckon you could have put back in the motor—maybe with new rings and bearings—and gearbox, changed the fluids and rubbers, wiped it over with an oily rag and driven it—and I would have. They're only original once. Even the original exhausts were in usable shape— and displayed behind the car. Okay, the interior needed redoing, but, along with a growing number of “restorat” enthusiasts, I would love to have been able to drive 1962 Aston Martin DB4 Vantage-spec Convertible Lot 339, s/n DB4C/1075/R Condition 1Sold at $364,323 Bonhams, Newport Pagnell, U.K., 5/9/09 SCM# 120445 Lot 333, s/n DB4C/1108/R Condition 1 Sold at $823,815 Bonhams, Newport Pagnell, U.K., 5/21/11 SCM# 179421 1963 Aston Martin DB4 Convertible Lot 132 s/n DB4C/1102/R Condition 1 Sold at $314,868 Bonhams, Newport Pagnell, 5/13/06 SCM# 41959 Sports Car Market Photos: Bonhams

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SCM Digital Bonus this car as-is for a while. The engine and gearbox were out because the owner had removed them in 1980 intending to rebuild the engine (370/472), which is a replacement for the original (370/1134). The motor would need a strip-down to ensure nothing had seized—and to complete the rebuild the Professor intended—but it was missing no ancillaries, although the radiator wants renewing, as it suffered a few dings, probably in the engine-removal process. The seat leather had completely dried out, but it might come back with careful treatment—apart from a hole in the passenger seat. However, the seats as-is would look wrong in a newly restored car, and the carpets were beyond saving. The dash and instruments were all complete, and the top looked serviceable, as it certainly opens, clips to the windscreen and folds again. One neglected—but rare—car So this car, though neglected, had not been molested or poorly restored. Remember, with only 70 built, six fewer than the legendary DB4GT, there's only one David Brown-era Aston that's rarer than the DB4 convertible and that's the DB4GT Zagato. Although new Zagato copy/continuations pop up from time to time, Aston won't be making any more DB4s, and this must be one of the most original. In a day and age when this counts for so much, that it wasn't perfect didn't seem so important. What mattered more is that it hadn't been got at—or restored wrongly—allowing the new owner and restorer the luxury of a blank, but completely original canvas—and a fairly awesome responsibility. A nice touch was Professor Blackman's St John's College car park pass (issued 1970), reading: “Authority to park in the President's drive,” still attached to the inside of the windshield, which one hopes can be carefully retained. Given that its only two owners were Oxford dons, its original “WL” registration from the city was a nice touch too, although there is no guarantee it can be retained. Worth the price of admission Now to the money. Deep breath, but I don't think it looks out of order. Bonhams estimated the car before sale at $130,000 to $225,000, but the talk in the room (and at Monaco the day before) was that it could reach $400,000. Which it did—and then some—hitting a hammer price of £270,000 ($434,000). After reported pre-sale interest from America, it sold to the Middle East. As we have seen from previous DB Aston Martin profiles, a total Works Service restoration on a Superleggera Aston, by the company if not the actual personnel who made it in the first place, costs up to $350,000 if the car needs everything. And this one didn't need as much. So if you added most of that cost to the auction price, you arrive at around $800,000, which is what a pristine similar car (although a 4.2 Vantage-engined former concours winner) four chassis numbers away sold for in the same sale—with a less interesting history. So I reckon the sums do add up. If the numbers do look a bit daunting following the relentless rise of the DB5 and all other DB Astons behind it over the last five years, I think it means these cars are slowly catching up with Ferraris. Okay, the Italians have twice the number of cylinders, but in rarity, performance and cachet—and in reflecting their respective national identities—the cars are broadly equivalent. Which begs one last question: Why are 1960s Maseratis—the “Italian Aston Martin” and Aston Martin's nearest mechanical equivalent—still so cheap? ♦ (Introductory description courtesy of Bonhams.) SCM Digital Bonus. Additional images, and more... August 2011 59

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Etceterini & Friends Profile 1970 Lancia Stratos HF Zero That windshield does tilt up, and once inside, a turn of the key starts the engine, and you can drive off across town. It's the future come to vivid life by Donald Osborne Details Year produced: 1970 Number produced: 1 Original list price: N/A SCM Valuation: $1,000,000–$1,100,000 Tune-up cost: $200–$300 Distributor cap: $65 Chassis #: Stamped on firewall Engine #: Stamped on cylinder block, distributor side on boss Club: American Lancia Club More: www.lancisti.net Alternatives: 1971 Maserati Boomerang 1964 Alfa Romeo Canguro 1970 Ferrari Modulo 1982–1985 Lamborghini Countach LP5000 Chassis number: C1160 W ith the Stratos Zero, Bertone transcended the limits of automotive styling and chiseled a shape that appeared as though it were made of a solid block of metal, evoking speed and the sensation of travel. More remarkable still was the fact that the Zero was not only a design statement—but also a fully functioning prototype. Everything about the Stratos looked futuristic. The full-width row of ultrathin headlights made for a dramatic front view, echoed at the rear by the minimalist—but highly effective—combination of mesh grille, ribbon taillights, fat tires and dual exhaust offset to the side of the protruding gearbox case. The front headlight strip was backlit by ten 55W bulbs at the front, the rear strip by no less than 84 tiny bulbs spread all around the perimeter of the truncated tail. As for turn signals, the same lights simply lit up in succession from the center to the edges! The Zero was assembled by sourcing from existing Lancia parts. The diminutive yet spritely 1.6-litre Lancia V4 engine of the Fulvia HF was chosen for its minimal size as part of a quest for a sleek profile. The double-wishbone with transverse leaf spring arrangement at the rear was simply the Fulvia's front axle. At the front, the wheel fairings which dominated the narrow cabin were just wide enough to accommodate short McPherson struts. Disc brakes were fitted on all four wheels. A 12-gallon fuel tank found space in the right side of the engine bay, and twin fans assisted radiator cooling. The spectacular triangular engine cover incorporated slats shaped to direct air towards the radiator, which was set all the way to the rear. The cabin was so far up front, that access was by way of a flip-up windscreen. A sourced hydraulic linkage was devised so that, as the steering column was pushed forward to enable access to the driver's seat, the windscreen would lift. The black rectangle at the bottom 60 of the windscreen is in fact a small rubber mat intended to make climbing in easier by first stepping onto the bodywork. The Lancia badge at the center of the mat cleverly concealed a pivoting handle that popped the windscreen open. Despite being a very abstract vision of the automobile, Italian magazine Quattroruote actually took it on the road back in 1971, driving from Milan's beltway to the historic town center, where it caused, as one could only imagine, quite a sensation. Nuccio Bertone had personally already driven the car on public roads when he went to meet Lancia's top brass a few months earlier to discuss a more realistic sports car project which eventually became the Stratos. The Stratos Zero was subjected to a full restoration in 2000, conducted entirely in-house at Stile Bertone in Caprie. In the process, it regained its original bronze livery, which had made way for a more traditional silver soon after its initial presentation. It is now presented in its full glory, just as it was on October 28, 1970—the day it was launched upon unsuspecting show-goers. SCM Analysis This car sold for $1,084,290, including buyer's premium, at RM Auctions' Villa d'Este auction in Cernobbio, Italy, on May 21, 2011. At auto shows over the years, we've encountered two types of “display only” vehicles. Common today are concept cars, which are thinly-disguised production models on the eve of introduction which are given a few un-producible details, such as single-point woodshelled seats resting on a floor of recycled AstroTurf to separate them from the derivative final version soon to appear in your local showroom. Back in the day, there were dream cars—static, full- sized models built of fiberglass or wood. While these models were finished to an impressive standard, many 1975 Lamborghini Countach LP400 Periscopo Lot 173, s/n 1120026 Condition 2+ Sold at $310,189 RM Auctions, London, U.K., 10/27/10 SCM# 167964 SCM Investment Grade: B Comps 1975 Lancia Stratos Stradale Lot 446, s/n 829ARO0011948 Condition 4+ Sold at $131,300 Bonhams, Carmel, CA, 10/17/07 SCM# 46290 1972 Maserati Boomerang Lot 119, s/n 081 Condition 2 Sold at $1,000,000 Christie's, Paris, 2/12/05 SCM# 37382 Sports Car Market Photos: Tom Wood ©2011 Courtesy of RM Auctions

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SCM Digital Bonus times they lacked an actual interior and certainly had no means of motive power. These models provided glimpses into futuristic travel using solar/hydrogen/plant waste/nuclear power—and boasted humidity-sensing automatic four-place bubble tops and multi-function steering stalk/ gearshift/ in-car entertainment centers. Marcello Gandini's Stratos HF Zero at first glance looks to be clearly the latter, with its ultra-low, extreme shape, tilt-up windshield for entry and sidesaddle instrument panel. But, that windshield actually does tilt up, and once inside the Zero, a turn of the key fires up the DOHC V4 engine, and you can drive off across town. It's the future come to vivid life. A shining light While the Stratos Zero is considered the progenitor of the multi-championship winning Stratos HF rally and road car which followed, it's obvious that they share naught save for the name, mid-engine configuration and designer. But what the running prototype did do was to shine a spotlight on the Lancia brand at a time when Fiat management was giving a very wary eye to its recent acquisition and looking to determine its direction. Pierugo Gobbato, appointed head of Lancia after Fiat's purchase, was not hope- ful about much he observed in the company. Slow sales, an over-assorted, well-designed—but aging—line of products and hardly anything in the development pipeline. Another, less imaginative executive would probably have advised management to cut their losses and fold the brand. Instead, Gobbato did something few of us would do in the situation. He looked at what was going right with the company, which was the competition department. Lancia was winning regularly with the Fulvia in rallies, but it was also the time when rally cars began to move away from modified production models to specially designed and built creations. When Gobbato saw the Stratos Zero, he knew at once that this ultra-low, compact, mid-engined car was an avenue to be explored. Bertone's visit to the Lancia Corse facility and the examination and driving of the Zero done that day quickly established that a less-radical solution than the Zero needed to be found, but it also convinced the team that unconventional thinking would be necessary in developing the car which would become the Stratos HF. An icon of the 1970s The Zero is very much a period artifact. After the voluptuous curves of the 1960s, the drama of the Wedge Era at the start of the 1970s was striking. Suddenly, every stylist had burned his set of French curves and taken a graduate course in origami. Among the motor show and magazine cover stars of the era, such as the Maserati Boomerang, Lamborghini Marzal and Countach, the Stratos Zero is a leading player— a true piece of unique motorized fine art. I encountered this spaceship on wheels in 2006, when attending the 100th anniversary celebration for Lancia in Turin, Italy. An evening reception was held in the courtyard of Italy's equivalent to West Point in the heart of the city. In the center of the courtyard—copper paint glowing under spotlights—was the Stratos Zero. Nothing prepared me for the presence this very small and very low car had. It was effortlessly evil, beautiful and strong all at once. Bertone bankruptcy forces sale So, how did this icon of the time come to the open market for the first time in its life? Those of us in the appraisal trade find much of our business in the area of “transitions,” which is the lovely euphemism for the “Three D” speed bumps which punctuate our lives: Death, Divorce, and Debt. It's usually not a happy time for the client, but it is also more than occasionally an opportunity for someone to obtain property which has long been out of the market. The dramas, both business- and family-related which have sadly surrounded the onceproud design and manufacturing company Bertone are not worth recounting here. Just do a Google search for “Bertone, fights, bankruptcy” and you'll get the facts— if not the uniquely Italian flavor and color of the soap opera which has led to the end of the company founded by Giovanni Bertone and built by his son Nuccio. The most dramatic fallout of this unfortunate situa- tion was the forced liquidation of cars and automobilia from the Bertone Collection. In an unusually astute and rarely seen move, the bankruptcy administrator simply didn't put an ad in the back pages of the newspaper “La Stampa” announcing a tent sale to be held at the Turin airport. While a sealed-bid auction tender was put out for a number of cars and the automobilia of the collection, the top cars were plucked from the gloom in advance to be offered by RM Auctions at their inaugural sale at the prestigious Concorso d'Eleganza Ville d'Este on Italy's Lake Como. For maximizing value, a better deci- sion can scarcely be imagined. Every creditor looking to find blood in stones would give their warehouse padlocks for an opportunity such as this. And the results didn't disappoint. Spectacular one-off jewels, such as the Lamborghini Marzal, Athon and Bravo were among the cars that realized nearly $4.5m. One quarter of that total was the 1970 Lancia Stratos HF Zero. As someone who seeks to determine value in rare objects, I keenly feel the challenge which faced RM in establishing the auction estimates for this car, for the comparables exist only in theory. The Zero sale result, even at a bit over half the low estimate, is one of the highest ever obtained at auction for a Lancia-badged vehicle. At that, I would absolutely call this car well bought; it has importance to a storied marque, is a style icon of its time from the pen of a legendary designer—and it is a functioning vehicle, sold for the first time from its creator. ♦ (Vehicle description courtesy of RM Auctions.) SCM Digital Bonus. Additional images, and more... August 2011 61

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Etceterini & Friends Profile The Cumberford Perspective Of all the outstanding designs accomplished by the Nuccio Bertone-Marcello Gandini team, the Stratos HF Zero has to be the most extraordinary By Robert Cum M y fa conc ing the a tonishing Lan Stratos HF Zer about Nuccio B driving it 2 to the factory for a m to discuss buil ini & Friends Profile The Cumberford Perspective Of all the outstanding designs accomplished by the Nuccio Bertone-Marcello Gandini team, the Stratos HF Zero has to be the most extraordinary By Robert Cum M y fa conc ing the a tonishing Lan Stratos HF Zer about Nuccio B driving it 2 to the factory for a m to discuss buil Stratos Stratos rally ca by gate guards at t Bertone issued a “Countach!”—an under the barrie ground-bound U fully functional c daily-driver tran 33 inches it's low e Ford's GT40 see like alongside it. Shaped like a w chisel in front, t simple enough to l it was machined f an Apple MacBook—yet complex and subtle enough to be a work of sculptural art worthy of Brancusi. Yet it's functional in every detail. The black rubber panel on the nose is a step to make entering easier, and a hydraulic system allows the steering column to be pushed forward to open the windshield/door, and close the lid when pulled back to driving position. For ventilation, upper side windows slide into the bodywork, but they are much too low for toll booths. The space-capsule interior with individual chocolate tablet cushions in the reclining fixed seats remains perfectly contemporary, even to the airbagready steering wheel hub. Marcello Gandini invented his own iPad electronic instrument panel 41 years ago, yet another indication of how far ahead of its time was this magnificent work of art, as dramatic a show car as has ever been achieved. ♦ 1 6 5 4 3 FRONT 3/4 VIEW The cathedral-like rear grille 1 is at once a discrete architectural element,—pure decoration—and a completely functional way to ventilate the engine compartment. 2 The windshield, door and lid are powerful graphic elements pointing forward—as do all the lines of Stratos Zero. 3 With this abrupt transverse straight line, Gandini was the complete opposite of his Carrozzeria Bertone predecessor Franco Scaglione, who aimed for a totally rounded plan view. 4 Some of the most artful surfacing ever seen, as the horizontal hood morphs into pointed side sections punctuated by squared windows and subtle air inlet openings. 5 The side glass pieces are separated by a side peak rib, assuring that they each have a strong horizontal component, which is emphasized by lines in the transparencies. 6 The side surfaces within the area described by a sharp cut line are pushed inward away from the peak rib, thereby opening natural openings for cooling air at the rear. REAR 3/4 & SIDE VIEW Side profile peaks above the 7 recumbent driver's head, falling away more sharply and over a longer distance in front than behind the point of (minimal) maximum height, which is just 33 inches. 8 As close to a blade as anyone has ever achieved on the front end of a car. It's extreme, yes, yet seems perfectly normal on this exotic shape. 9 This strong line does not aim toward the frontal blade, but rather to a theoretical point above the hood surface, but again, it all seems 7 12 11 62 10 9 8 Sports Car Market

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13 14 perfectly natural, nothing you'd want to alter in any way. 10 The perfect Gandini wheel open- ing, used on many cars, but on none of them as well as here. 11 The rear tires and the exposed mechanical beneath the car recall Formula One practice at the time, allowing the minimalist bodywork at the rear to complete the painted forms visually. 12 Sharp edges abound on the abbreviated rear panel, and lamps are concealed behind. The whole is racy, totally improbable—and totally convincing. Truly a masterwork. 13 INTERIOR VIEWS Individual block cushions could be tailored to spread loads on the body, as in an astronaut's couch. 14 Shades of the Isetta, as the steer- ing column moves for entry, but this is more dramatic and far more aesthetically satisfying. 15 Lines etched in the glass provide a formal continuity to the opaque surfaces they replace. 16 Flat-screen instrumentation is common today, especially in aircraft, but was highly imaginative and innovative in 1970. 17 Airbags existed in 1970, but it is unlikely that they were foreseen for this car. But the large surface area of the hub was a positive safety element. 15 16 17 August 2011 63

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Collecting Thoughts Bertone Prototype Sale Bertone History for Sale Ultimately the great automobiles will eventually be collected in institutions where future generations may come to marvel and to receive inspiration by Miles Collier SCM Digital Bonus load through a massive glass canopy. Finally, the prototypes of elite and charismatic manufacturers, such as Lamborghini, Mercedes, and Porsche, will attract much more vigorous bidding than the product of an automotive nonentity—however much care was lavished on their car's realization. The cutting edge of automotive styling The Bertone collection sold by RM represents 1967 Lamborghini Marzal—$2.1m S ix Bertone concept cars were sold by order of a bankruptcy commission at RM's Villa d'Este sale on May 21. The concept cars involved were the 1967 Lamborghini Marzal; the 1980 Lamborghini Athon; the 1963 Corvair Testudo; the Lancia Stratos HF “Zero”; the 1974 Lamborghini Bravo; and the 1978 Lancia Sibilo. This sale raises global, philosophic issues rather than object-related questions. Concept cars being what they are—unique styling statements intended to foreshadow future production car design directions, or to demonstrate styling prowess and éclat to competitors and opinion shapers—can command almost any price when brought to the market, as they are so dependent on who is bidding. Consequently, the monetary values realized are essentially irrelevant. Nevertheless, some determinants apply. Concept cars that foreshadow important styling trends—or that possess extraordinary aesthetic quality—will command higher prices than more pedestrian exercises. It is also true that examples that run and operate with some degree of capability and refinement are more desirable than those examples that can barely trundle across the parking lot without overheating—and without simultaneously cooking the driver with high solar 64 a selection of prototypes from one of the truly important Italian automobile stylists. One has only to catalog their triumphs: The three Alfa Romeo 1900based B.A.T. styling exercises of the middle 1950s; the contemporaneous Alfa-Romeo Giulietta Sprint and subsequent Giulietta Sprint Speciale; the Alfa Romeo Giulia GT, Fiat Dino coupe, Lamborghini Miura and Countach, Maserati Khamsin and Lancia Stratos. 1980 Lamborghini Athon—$495k Sports Car Market Photos: Tom Wood ©2011 Courtesy of RM Auctions

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Collecting Thoughts Bertone Prototype Sale SCM Digital Bonus 1963 Chevrolet Testudo—$479k The list goes on and on. Founded in 1912, Bertone's heyday ran from the 1950s until the 1980s. Once both design studio and small-scale contract manufacturer, (recall the Bertone Volvo 262C coupe, and the Bertone X1/9), modern mass-production requirements sadly diminished the role for Bertone and its ilk. Due to massive front-end manufacturing costs— coupled with modern regulatory obstacles—such firms, if they have survived at all, are now largely relegated to design and engineering consulting. After years of unprofitability, Bertone went through a bankruptcy in 2008. A forced split in 2009 into a design firm, Bertone Stile, and a manufacturing entity, Bertone Carrozzeria—which was subsequently sold to Fiat—resulted in the bankruptcy commission seizing some of the material assets of the design studio, such as drawings, photographs and some 90 prototype vehicles. Ultimately, Bertone Stile was able to reacquire the majority of the cars, but the six most valuable were slated for sale by the trustee. These were the cars sold on May 21. Prior to the sale, there was an attempt to preserve these automobiles as representa- tive of Italy's great design heritage through a donation to the National Automobile Museum in Turin. This was not to be, and the auction proceeded. Which brings us to the nub of the issue: What will be the fate of these cars? I doubt that any of these concepts will see significant use as a driving automobile. The very nature of styling exercises—with their lack of serious functional development—places them firmly in the contemplative category. We walk around these things in wonder while they are parked on a lawn somewhere, or under glamorous lighting within the hushed confines of a museum. As a significant part of the Italian design revolution of the 1960s, Bertone's early adoption of wedge-shaped and geometric styling themes places them at the apex of that period's international modern idiom. As such, these six cars are more than just “rolling sculpture” for casual display. Great architecture, furniture—and cars Automobiles in their finest incarnation eloquently attest to the highest aspirations of the human mind and spirit. Just as do the finest architecture, furniture, and other applied arts, the greatest automobiles have the power to inspire and raise our perceptions of the possible. As Roland Barthes, the French literary theorist and philosopher wrote, “I think that cars today are almost the exact equivalent of the great gothic cathedrals: I mean the supreme creation of an era…” We would like to think of important cultural objects, such as these six cars, being held safe in institutional hands, where they would function together as a resource for scholars, researchers, designers and the interested public. Yet, we need to acknowledge that much of the world's automotive heritage resides in private hands— as did much of the world's fine art heritage less than 200 years ago. 1970 Lancia Stratos HF Zero—$1.08m SCM Digital Bonus. Additional images and more... 66 Sports Car Market

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Collecting Thoughts Bertone Prototype Sale SCM Digital Bonus home that is recognized as one of the supreme achievements of an important architect? At the least, such a scenario should give us pause. Let's come back to our six cars from the Bertone archive. Cars that are bought by careful and considerate owners and preserved for long terms in appropriate conditions ultimately rise to become recognized as exceptional objects—if only for their age and condition. Cars that are more special when new are even more special later. Conversely, cars that fall into the hands of those with 1974 Lamborghini Bravo—$839k Ultimately, in like manner, the great automobiles will eventually come to be col- lected in institutions where future generations may come to marvel and to receive inspiration. However distant, the day is coming when our great old cars will no longer be able to take to the open, public roads with the abandon they can today. Much like the dawn-of-motoring veterans we see on the London to Brighton Run, they will no longer function in modernity without special dispensation. What does the “owner/custodian” role mean for the owners of such world heritage cars today? On the one hand, our very liberty is inextricably entwined with the concept of the right to property. Owners of property have the right to treat—or mistreat—their property as they see fit. However, there is a countervailing ethic that recognizes the universal value of cer- tain special objects. These objects are part of our cultural heritage as civilized people, and, when one of these objects is lost or destroyed, our culture is likewise diminished and impoverished. A thought experiment asks, “Is it permissible to throw darts at a Rembrandt you privately own?” Said another way, what are the ethics of remodeling a the hobbyist mentality that the object is secondary to their ego tend to become sadly diminished. So, while we might have hoped that these cars would have gone as a group into an institution where they could be guaranteed appropriate treatment, there is still much cause for hope. Such cars are becoming commonly recognized as important, and consequently, worthy of respect. Stanford University's new Stanford Revs Project is creating an academic center for the cross-disciplinary humane studies of the automobile. In addition, the proliferation of automobile museums with serious charters and policies and the whole automobile preservation movement means that these six cars have a very good chance of being cosseted in the bosom of individual collections where—either now or in the future—they will be accessible to students and researchers. Given the world design heritage represented by the Bertone Collection, all the cars were well bought. ♦ 1978 Lancia Sibilo—$135k SCM Digital Bonus. Additional images and more... 68 Sports Car Market

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German Profile 1957 Porsche 356A 1600S “Super” Speedster The higher-horsepower Super engine, which was a $400 uptick in 1957, would be a plus for this car, but it is a replacement by Prescott Kelly Details Years produced: 356s 1948–1965; Speedsters 1954–1958 Number produced: 78,000-plus for all 356s, and 841 1957 Speedsters Original list price: In June, 1957: Normal engine $3,371, Super engine $3,771, Carrera $5,371 SCM Valuation: $92,500–$130,000 Tune-up cost: $300–$600 Distributor cap: $12.95 Chassis #: Plate beside gas tank on passenger side Engine #: On engine case under generator stand facing rearward Club: 356 Registry, P.O. Box 356, Stillwater, MN 55082 More: www.356registry.org Alternatives: 1957 Jaguar XK 140, 1957 Alfa Romeo 1300, 1957 Austin-Healey 100/6 SCM Investment Grade: B Comps only celebrating its eighth anniversary. The evolution of the Porsche 356 was swift and further impelled not only by Porsche's drive for technical improvement but also by the realities of commercial success. The Speedster's origins are well-known—built at B the insistence of the legendary Max Hoffman, Porsche's U.S. importer. Hoffman recognized the special needs of the U.S. market and encouraged—if not coerced—his European partners into building specific models to meet them. The Speedster was one of the most famous and successful fruits of Hoffman's effort. It was a Spartan, purpose-built sporting machine with minimal equipment. Priced at $2,995 to East Coast ports of entry, the seats were skimpy, the mostly-useless top tiny, and the car dispensed with the luxury of rollup windows. As compared to the 356, the new Speedsters in- cluded a revised windshield that significantly lowered the look of the car. A chrome strip down the side of the car was also added, and gone were unnecessary items, such as an effective top. Instrumentation had been reworked to only three dials: speedometer, oil temperature and optional tachometer. Seating was also changed with the addition of bucket seats with little mobility. 70 y 1956, the Porsche 356 had been continually developed into one of the world's most respected sports cars. This feat was quite remarkable considering that Porsche as a company was Nevertheless, these cars looked great and were even more exciting and fun to drive. With the reduced weight from eliminating many trim items, the experience of driving a Speedster was remarkably different from the standard Cabriolet. According to the Kardex, this was in fact a true “Super Speedster.” The car offered here has been garaged and covered in a climate-controlled environment since a full and complete restoration in 2002. The pan-up overhaul preceded a return to a concours-correct original exterior and interior color combination. With fewer than 2,000 careful break-in miles on the new, Shasta-built C engine since restoration, no mechanical aspect of the car was overlooked. In addition to being a Super, this Speedster featured quite a few unusual options, including comfortable leather coupe seats, tonneau cover and one outside mirror on the driver's side. SCM Analysis This Speedster, Lot 68, sold for $162,500, including buyer's pre- mium, at Worldwide Auctioneers' sale in Seabrook, TX, on April 30, 2011. Porsche Speedsters were built in limited numbers between 1954 and 1958, with total production estimated at 5,662 examples of all varieties. The 1,900 19541955 examples were built in the “Pre-A” series, when Porsche mechanicals more resembled highly modified Volkswagen technology. The 356A, introduced in 1956 356A Speedster Lot W705, s/n 81212 Condition 2 Not sold at $112,000 Auctions America by RM, Auburn, IN, 9/2/10 SCM# 166261 Sports Car Market 1956 Porsche 356A Speedster Lot 332, s/n 82488 Condition 2Sold at $182,471 Bonhams, Sussex, U.K., 9/17/10 SCM# 166145 1956 Porsche 356A Speedster Lot 518, s/n 82642 Condition 1- Not sold at $132,813 Bonhams, Brooklands, U.K., 12/6/10 SCM# 168191 Photos: Worldwide Auctioneers

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SCM Digital Bonus September 1955 at the Frankfurt Auto Show, changed much of that perception with an all-new suspension, updated bodywork and trim, and larger displacement engines. In the 356A incarnation, Speedsters became more popular—especially for racing in the United States, where 216 pounds of weight savings really paid off. Porsche built about 3,762 Speedsters for the 1956-58 model years. The cars came with three engine options: Street cars were powered with the typical single camshaft, pushrod 1582-cc engine (called “1600”) in Normal 60-horsepower and Super 75-horsepower variants. The famous Ernst Fuhrmann-designed “four-cam” Carrera engine in several dif- ferent variants powered the high-performance models. Most Carrera Speedsters carried Type 547 engines of 1498cc, developing between 100 and 115 horsepower. These engines were famous—perhaps notorious—for their roller-bearing crankshafts. They worked well for high-revving race use, but not so well in street use, where the lugging away from stops induced heavy wear, and ultimately, failure. The street Carreras were referred to as GS and had full street trim. Carrera GTs, on the other hand, were intended for racing. Porsche tuned them for more horsepower and dropped as much weight as possible, with stripped interiors and aluminum panels for the doors at first—then also for hoods and engine lids later on. In 1959, the factory built a few remaining Speedsters as so-called “GS/GT” Speedsters with Type 692 1588-cc engines, many of them plain-bearing engines. These were a whole different breed of Speedster, and current prices amplify the differences. Today, GS Speedsters run between $350,000 and $500,000; early GT Speedsters are between $500,000 and $650,000; and 1959 GS/GTs are between $650,000 and $750,000. An expert mistake The street pushrod-engined Speedsters had a deservedly bad reputation for crea- ture comfort in their day. So, most were sold into warm-weather climates, especially California and the Southwest, where they were favored by racers, engineers, and U.S. servicemen returning from Europe. As late as the early 1980s, “experts” recommended cabriolets over Speedsters, as the cabs have roll-up windows, thick padded tops, and cushy seats. Woe to all of us who heeded that advice. Starting in the mid-1980s, Speedsters began an inexorable climb in desirability and price, culminating just a few years ago when the best pushrod street Speedsters climbed to $250,000 and above. Today, the market has definitely settled, and those $250,000 Speedsters of yesteryear are typically now a tad under $200,000. A driver's pluses and minuses The 1957 Speedster from Worldwide's Texas Auction appears to be a nicely turned-out driver, with some obvious dings for valuation. The plus factors include an apparently straight body with generally good gaps. The interior is attractively turned out and in good condition. The car's color combination of silver over black is reported to match the factory build sheet, as does the desirable presence (originally) of the higherhorsepower Super engine, which was a $400 uptick in 1957. Additional options reported to be on the Kardex in- cluded a tonneau cover, an outside mirror, coupe seats, and side spear trim. The car is a European model with no bumper overriders and a kilometer speedometer. Some buyers prefer the chrome U.S. overriders, while others prefer the leaner, cleaner Euro look. The car has a proper Aero outside mirror. On the negative side, it would appear that a previ- ous owner added an under-the-dash radio, ashtray and a deluxe full horn ring. These add-ons do not harm the integrity of the car, so such minor tweaks can be side-stepped. Not so minor is the engine swap to a later, C type engine. The addition of chrome wheels is passable if they are originals with proper date stamps—but much less so in the more likely event they are the common reproductions. The coupe seats, favored only by those whose der- rieres will not happily mate with Speedster buckets, are also a ding on desirability—but a little less on value because the car was delivered with them. The running gear is in driver condition—it is not cleaned or detailed—and the engine has presentation flaws such as mismatched accessories, wrong colors, and missing decals. No Bondo, please The crux of the matter is the body. A first-rate Speedster should have all-original body panels, no wreck repairs, no Bondo, and certainly no coats of polyester spray filler. The trend today is to use polyester spray filler instead of working the metal; it is much easier, quicker, and cheaper for restoration shops. It can even look quite good if the lines are well sculpted out of all that plastic. I view Bondo and polyester spray filler as deal killers. Collectors should always evaluate Porsche 356s with magnets or paint meters in hand. Please repeat: “It's all about the sheet metal.” The net? If this car is all metal, and despite the engine swap and coupe seats, we'll rate it a fair deal for both sides. If a magnet doesn't stick, then the needle tips in favor of the seller. ♦ (Introductory courtesy of Worldwide.) SCM Digital Bonus. Additional Seat Times, images and more... August 2011 71 description

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American Car Collector Profile 1969 Chevrolet Camaro ZL-1 COPO Coupe The car was wildly successful on the track, but it wasn't a big seller, as few could afford the wallet-crushing sticker price of $7,300 by Dale Novak Details Year produced: 1969 Number produced: 69 (plus 2 prototypes) Original list price: $7,300 (prices varied based on options) SCM Valuation: $350,000–$400,000 Tune-up cost: $300 Distributor cap: $25 Chassis #: Driver side dash visible under windshield Engine #: Pad on passenger side of engine forward of cylinder head Club: www.yenko.net More: www.camaros.org Alternatives: 1969–1970 Ford Boss 429 Mustang 1967–1969 Yenko 427 Camaro 1964 Ford Fairlane Thunderbolt SCM Investment Grade: A Comps Chassis number: 124379N634918 I n 1969, Chevy performance guru Vince Piggins took direct aim at NHRA's Super Stock and Pro Stock classes. His weapon of choice was the allaluminum; Sixty-nine cars were built, four of which were finished in Dover White. This is production number 53, big-block powered ZL-1 Camaro. the only Dover White ZL-1 equipped with the M22 “Rock Crusher” 4-speed. The car was titled only once—to COPO guru Ed Cunneen. It was raced in NHRA Pro Stock in 1969-70 and was an NHRA record holder. It has also been in the collections of Floyd Garrett and Robert Lyle. Restored by Floyd Garrett at his famous museum, the car is correctly finished throughout, including a correct ZL-1 replacement block, Cowl Induction hood, heavy duty 4-core radiator with curved neck, transistorized ignition, 4.10 Positraction rear end and chambered exhaust. It runs and drives as new—and remains one of the most thrilling machines ever produced by Chevrolet. The specs: • COPO 9560 ZL-1 Camaro • #53 of 69 built, plus two prototypes • Dover White with standard black interior • M22 Rock Crusher close-ratio transmission • COPO 9560 options, including functional cowl hood, HD 4-core radiator with curved neck, transistorized ignition and Hi Performance rear end • Drag raced since 1969 • Correct replacement ZL-1 block • Period photos • ET time slips from drag strip • Chambered exhaust system • Runs and drives as well as any new ZL-1 Camaro • Formerly from the Floyd Garret Muscle Car Museum 72 SCM Analysis This car, Lot S199, sold for $323,300, including buyer's pre- mium, at the Mecum Auction in Indianapolis, IN, on Saturday, May 21, 2011. In 1969, Big Three corporate-assisted racing was reaching a fevered pitch, albeit clandestine in nature. The mantra of Win on Sunday and Sell on Monday was more than a catchy phrase—it was good for business. There were bragging rights at stake, and even if the top brass were not entirely on board due to pending insurance and emissions issues, there were plenty of dealers and performance managers dreaming up ways to spank the competition. Don Yenko was a Canonsburg, PA, dealer with high octane running through his blood. With inspiration from drag racer Dick Harrell (aka Mr. Chevrolet), Yenko started assembling the so-called “Supercars.” He had already been wrenching on Corvairs and racing Corvettes, but his vision to build the 1967 Yenko Camaro would put him on the map with the very first out-of-the-box Camaro built specifically to hit the drag strip—even if that meant doing the 427-ci engine swap at his dealership. By 1968, demand was so strong for the race-ready Camaro that Yenko called on Chevrolet to deliver Camaros with the 427-ci engine already installed. Yenko used a Central Office Production Order—aka COPO—to get around Chevrolet's performance limits and deliver the compact, light Camaro with a firebreathing 427 under the hood. These special orders were normally reserved for fleet vehicles, such as taxi cabs, so they could be ordered with bare-bones equipment or a special-use chassis. These powerful COPO Camaros were nothing you'd ever find on the retail floor of your local Chevrolet dealer—or 1969 Chevrolet Camaro ZL-1 COPO Lot 249, s/n 124379N643047 Condition 2+ Sold at $418,000 RM Auctions, Gainesville, GA, 11/13/10 SCM# 168405 1969 Chevrolet Camaro ZL-1 COPO Lot X20, s/n 124379N609510 Condition 1 Sold at $840,000 Mecum, St. Charles, IL, 10/14/05 SCM# 39570 1969 Chevrolet Camaro ZL-1 COPO Lot S558.1, s/n 124379N620923 Condition 1- Not sold at $650,000 Mecum, Belvidere, IL, 5/25/06 SCM# 41799 Sports Car Market Photos: Mecum Auctions

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American Car Collector Profile in any taxi cab. Yenko's tactic was successful, and these special-order cars are now known in the muscle car world as the COPO 9561 and COPO 9737 Yenko Camaros. Enter Fred Gibb—through the back door Fred Gibb, a drag racer and Chevrolet Dealer based in La Harpe, IL, was well aware of Yenko's success. So, Gibb was ready when Chevrolet perfected the new ZL-1 all-aluminum, 427-ci, 430-horsepower engine (properly modified, the actual horsepower rating was 500-plus) in 1968. With the assistance of GM Vice President Pete Estes (who was instrumental in developing the Camaro Z/28 along with Vince Piggens), Gibbs had the novel idea of ordering 50 of the ZL-1 beasts using the same back-door COPO delivery process that Yenko used so effectively. These cars would become known as the COPO 9560s. A few other dealers also caught wind of the loophole tactic and ordered 19 ad- ditional 9560s, bringing the total number of ZL-1 COPOs to 69. It has also been reported that Chevrolet built two additional prototype regular production order (RPO) ZL-1 Camaros. Race on Sunday, can't sell it on Monday The COPOs wouldn't come cheap. As the story goes, Gibbs was under the expec- tation that the 50 ZL-1s would add about $2,000 to the base cost of each Camaro. Gibbs assumed it would be easy to pass the additional cost on to eager would-be racers who were thirsty for a Camaro that could run the quarter mile in 11.64 seconds at 122 mph—with open headers—right off the showroom floor. Unfortunately, a new Chevrolet pricing policy ratcheted up the radical performance option to $4,160, bringing the total cost to a staggering $7,300 for a bare-bones, drag-race-ready Camaro—which was about $1,100 more than a decked-out Corvette L88 Coupe. Although the car was wildly successful on the track, it didn't perform nearly so well on the showroom floor. Very few could afford the wallet-crushing price tag and Gibbs ended up sending many of the cars back to Chevrolet so they could be dispersed through other dealers. Most dealers quickly learned what Gibbs already knew—the car was sale-proof—so many of the 69 Camaros were dismantled, reconfigured or sold at steep discounts just to move them off the lot. When we look at the performance-pounding muscle cars of the late 1960s era, much of the rarity that is so valuable today is a result of cars that were far too expensive when new, which simply doomed sales. SCM Digital Bonus First-tier muscle, first-tier ownership The low production number of 69 total COPO ZL-1s—coupled with the blistering performance and great styling of the first generation Camaro—equates to a glorious, investment-grade muscle car. The VIN numbers of all 69 COPO ZL-1 Camaros are well known, and there are plenty of experts with the ability to verify the real cars from the fakes, frauds and fowl. Our subject car was titled only once—and by no other than the foremost authority on these cars, Ed Cunneen, who is the go-to guy for verifying and authenticating COPOs. Cunneen is to COPOs as Galen Govier is to Mopars. His seal of approval is indisputable, and the fact that he was the one and only titled owner of chassis #634918 adds to the bulletproof authenticity of our subject car. COPO #53 also comes with a solid racing history, and was reported be a National Hot Rod Association (NHRA) record holder, which only adds to its mystique, provenance and credibility. COPO #53 is the real deal, not like most COPOs, which left the lot to be retuned with open headers, stripped of any extra weight (which was pretty tough to do) then straddled with a fat set of “Sticky Mickeys” mounted to the rear to hook all that monster rear-wheel horsepower to the track. COPO #53 has also been noted to formerly reside in the collections of Floyd Garrett and Robert Lyle, two well-known collectors. Mr. Lyle was also the original selling Chevrolet dealer, which again, adds to the bulletproof ownership trail. Adding to that, #53 was also restored by Floyd Garrett for his Muscle Car Museum in Sevierville, TN. The car's impeccable restoration included an incredibly hard-to-source ZL-1 replacement block. It was also the only Dover White COPO fitted with the M22 “Rock Crusher” transmission out of the three (only three, as the Mecum description of according to my sources) Dover White Camaros originally built. According to published re- cords, our subject car was shipped new to Robert Lyle Chevrolet in Cuyahoga, OH, and noted as the 53rd COPO built out of the 69 produced, which means it was not part of the original Gibbs order, but rather one of the 19 additional cars sent to various dealerships throughout the U.S. It came equipped, as ordered, with the aforementioned M22 transmission, D80 Spoiler, U63 AM Radio, ZJ7 Rally Wheels, and finished in Dover White. This is exactly as the car sits today, which is very nice to see. A powerful bargain This terrific, living artifact of a bygone chapter in American automotive history appears to be stunning in its presentation. The restoration was thoughtful and professionally executed. The history and ownership are rock-solid and airtight. The original engine SCM Digital Bonus. Additional images and more... 74 Sports Car Market four is incorrect,

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was replaced by a correct ZL-1 block, which is as good as it gets for a thrasher muscle car that was never designed to last much more than a few years after it was sold. It all adds up to a first-class, first-tier, gold-standard investmentgrade collectible muscle car. Drive this car Considering a record price of $840,000 was achieved for another well-known, documented COPO (Gibbs #18), in October, 2005—and that another ZL-1 COPO from the Robson Collection sold for $418,000 in November of 2010 (SCM March 2011, p.74)—we can surely consider #53 as well bought, even with the knowledge that top-tier muscle has softened in recent years. The new owner should relish in the history, performance and distinct rumble that only a big-block, throaty V8 can expel. He should enjoy the car, as carefully as he can, for its intended purpose—which means roaring down a local track for a trip down memory lane. I guarantee that a goofy, ear-to-ear grin will be impossible to subdue. Finally, as a side note to the new owner, if you do decide to fire her up for a test flight down the quarter mile, call me, I‘m calling shotgun right now. ♦ (Introductory description courtesy of Mecum Auctions.) August 2011 75

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Race Car Profile 1976/1983 Ferrari 308 GTB Group B Michelotto It's definitely a Ferrari, but the factory never built it. It looks like a road car but could never be used as one by Thor Thorson Details Years built: 1978–1985 Number built: 15 Original list price: Unknown SCM Valuation: $400,000–$500,000 Cost per hour to race: $1,000 Chassis #: Above right rear shock mount Engine #: Above water pump Club: Historic Rally Car Register More: www.hrcr.co.uk Alternatives: 1984 Porsche 911 1984 Audi Quattro 1973–1976 Lancia Stratos SCM Investment Grade: B Comps I ntroduced at the Paris Salon in 1975, the stunningly beautiful 308 GTB—Ferrari's second V8 road car— marked a welcome return to Pininfarina styling following the Bertone-designed Dino 308 GT4. Badged as a proper Ferrari rather than a Dino, the newcomer had changed little mechanically, apart from a reduction in wheelbase. The car retained its predecessor's underpinnings and transversely mounted 3.0-liter V8 engine that now featured dry-sump lubrication. Produced initially with fiberglass bodywork—the first time this material had been used for a production Ferrari—the Scagliettibuilt 308 used steel exclusively after April 1977. The first steel-bodied cars were manufactured in 1976, the change bringing with it a considerable weight penalty and consequent reduction in performance. Naturally, anyone wanting to race a 308 GTB started out with the fiberglass version if they could. For 1983, the FIA introduced its new Group B regula- tions for major-league rallying. This innovation saw the specialist Italian conversion and preparation company of Michelotto develop a Group B-conforming variant of Ferrari's very popular and highly successful 308 Gran Turismo Berlinetta. Since production of a full batch of 25 highly modi- fied GTB Evoluzione cars was effectively out of the question, the specification of these Michelotto Group B machines incorporated as few changes as possible from the standard road car, while still providing clients with rally-winning potential. Michelotto's most significant development from its previous Group 4-converted cars was the selection of the Quattrovalvole engine. Even so, the first Michelotto 308 GTB emerged with the conventional and reliable two-valve head rather than the 76 latest ‘QV' power unit employed in the following three cars. Ferrari 308 GTB Michelotto chassis serial 18869, offered here, was the first of four Group B configuration cars built by Michelotto from a total of 15 combined Group B and Group 4 cars that the company modified in period. It was first completed in February 1983 for the Pro Motor Sport team in Italy. These remarkably successful—although relatively little-publicized—competition Ferraris featured Rosejointed suspension and uprated Brembo brakes all around. Three of Michelotto's Group B 308s were fitted with QV 32-valve engines producing 310 horsepower at 8,000 rpm—after this prototype (chassis 18869) had deployed the 288-horsepower, two-valve motor. While the Group 4 variants used mechanical Kugelfischer fuel injection, the Group B rally variants employed electronic Bosch K-Jetronic systems. These Group B variants weighed in around 66 pounds heavier than their racing counterparts, as they had to retain their stock fiberglass and steel body paneling. As the first—and one of the most successful—of this rare quartet of Michelotto-built Ferrari 308 GTBs, this is an interesting and significant example of the Ferrari Berlinetta Competizione breed in 1980s form. As a past participant in the Tour Auto and other prestigious events, the car represents a fast and stunning entry ticket. SCM Analysis This car, Lot 137, sold for $656,190, including buyer's premium, at the Bonham's Monaco auction on May 20, 2011. In order to make any sense of the Michelotto 308 GTB rally cars, I'm going to have to start by tying together a minor cat's cradle of disparate threads about Sports Car Market 1983 Lancia Rally 037 Stradale Lot 253, s/n 162000052 Condition 3Sold at $302,026 Artcurial, Paris, 2/4/11 SCM# 169041 1976 Ferrari 308 GTB Vetroresina Lot 127, s/n 19223 Condition 2+ Not sold at $62,500 Bonhams, Monte Carlo, 4/20/10 SCM# 162471 1975 Lancia Stratos HF Stradale Group 4 Lot 216, s/n 829AR0001008 Condition 3+ Sold at $158,019 Bonhams, Sydney, 12/6/09 SCM# 153280 Photos: Bonhams

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SCM Digital Bonus what was going on in motorsport in that era. Let's start with FIA rally classes. Through the 1970s and into the 1980s, the FIA used the category “Group 4” to identify what were basically production Grand Touring cars—2-seat coupes with at least 400-car production (think Porsche 911, Ferrari Daytona, Lancia Stratos). The same rules applied to both circuit racing and rally cars and were relatively liberal. This was a period of very rapid technological develop- ment, and the cars became so fast that using them on open roads (rallying) became very dangerous, and there were a number of fatalities. For the 1983 season, the FIA tried to address the problem by introducing “Group B” regulations aimed primarily at rally cars. They were more restrictive than Group 4 (higher weight, less wheel width, etc.) in an attempt to slow things down. But in one of those retrospective “whoopsie” moments, they neglected to control turbo boost. The result was that the first few years went well, but developing 4WD technology and effectively unlimited horsepower quickly created what became known as “Killer B” rally cars—with some horrific crashes—before the FIA abandoned the whole thing at the end of 1986. Call Michelotto! The next thread has to do with Ferrari during this period of time. Fiat bought Ferrari in 1969, and by the mid-1970s, had fully integrated it into their industrial empire. Enzo was still around, but he wasn't really calling the shots anymore. The corporate deal when it came to motorsport was that Lancia did the rallying (and a bit of prototype endurance racing), Fiat did the saloon racing and a bit of rallying, and Ferrari did Formula One. That's it. Ferrari did not do sports car or GT racing (or rallying) on any official level during this era. Certain private customers were welcome—even encouraged—to carry the Cavallino Rampante flag in competition, but they were emphatically (or at least officially) doing it on their own. Outside of Formula One, Ferrari's job was to build and sell fast road cars, and as the 308 GT4 was developed into the 308 GTB, they were doing an excellent job. The GTB was still a tube-framed chassis with a body hung onto it; a throwback in the face of the unibody revolution, but it was a wonderful stiff, light package with excellent power and superb handling. SCM Ferrari pundit Mike Sheehan comments that it was one of the few mid-engined designs of the time that could make a mediocre driver look good. Ferrari rally enthusiasts reputedly approached Enzo about developing a racing version of the GTB but were pointedly told that Ferrari was part of a larger group and was not allowed to be involved in rally cars. On their way out the door they were advised to contact Michelotto. A true Ferrari, but not a factory Ferrari Michelotto started out as a Ferrari dealer in Padova, but a strong instinct for com- petition caused them to develop an excellent racing shop. The degree of association with the factory in the early days is open to debate, but the 308 rally cars they built started on a path that ended with them being “Ferrari's Tuner,” developing the 288 GTO, the F40, and eventually the 333SP. With the 308 cars, though, it appears they were mostly doing it on their own. To start with, the myth of Ferrari shipping GTB chassis to Michelotto to make into racers is demonstrably false. A look at the chassis numbers and build dates makes it obvious that they were buying wrecked chassis and building them into racers (sometimes maybe just the titles, as one car carries a 308 GT4 chassis number). That the 15 Michelotto 308 GTB rally cars are “real” Ferraris has never been in question, but the suggestion that they were in some manner associated with the factory as quasi-official racers is probably pushing things. They were built into racing cars from wrecks— or less—in Padova for privateers to enter in what were fundamentally regional-to-national-level events, where they proved very competitive. They are by all accounts wonderful cars to drive, very fast and forgiving, particularly on the paved roads that most events utilize. The transaxle was notoriously fragile as horsepower got over 300, but fixes were devised and implemented over the years. The important point here is that these were purpose-built racing cars created by Michelotto from Ferrari chassis and mechanical bits—probably with a substantial amount of Ferrari help—but they are not factory Ferrari racers. Nor are they anything like a production 308 GTB. They look like one, but that's all. This puts them into an interesting netherworld in terms of both use and value. It's definitely a Ferrari, but the factory never built it. It looks like a road car but could never be used as one (it's strictly for track or European event use like Tour Auto, where they are spectacular rides). Should the market value it as a true racing Ferrari or as a privateer hot rod variant on a $60,000 308 GTB? In the end, the car is a little bit of everything. Sheehan considers the sale amount of $656,190 to be “astonishingly high,” but an owner I spoke with considered it about right. If you want to run a Ferrari at the front of any of the major European “Tour” events, there's probably no cheaper way to do it. So there you have it, complicated and controversial from beginning to end, but one heck of a car. I'd say well sold but fairly bought. ♦ (Introductory description courtesy of Bonhams.) SCM Digital Bonus. Additional images and more... August 2011 77

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Market Reports Overview April and May Auctions Total $99m Late-spring sales saw some record-breaking prices, thanks to a number of high-end offerings rarely seen on the market By Jim Pickering T here are few better indications of a solid collector car market than many high-end consignments at many auctions. SCM watched a number of rare and exclusive lots cross the auction block at several locations throughout April and May. At nearly every location, auctions bested totals set in 2010, and a healthy number of new records were achieved, setting the stage for what looks to be a promising summer auction season. Here, in the order in which they occurred, is a rundown of the events that took place in April and May: Worldwide's annual Houston Classic auction took place on April 30, and this year, 95 of 125 lots sold, making $4.9m. While this was some distance below 2010's $9m total, Senior Auction Analyst Carl Bomstead noted that this year's total was actually almost identical to what was achieved here in 2009, and it's important to note that last year's event featured an additional 71 cars from the R.E. Monical Collection. This year's high sale was a $236k 1970 Chevelle SS 454 LS6 from the collection of Phil Silva. Auctions America by RM hosted its first-ever auc- tion at the Auburn Auction Park in mid-May, and the fresh company—and revamped facility—grossed a combined total of $6.7m from 244 of 424 lots on offer. Auction Analyst Kevin Coakley noted an eclectic range of consignments this year, including a 1932 Duesenberg 5-passenger sedan, which was the high sale at $404k. Mecum's annual Spring Classic auction was held the weekend of May 17, and 1,249 of 2,021 cars sold for $48.6m. Senior Auction Analyst B. Mitchell Carlson noted an increase of 449 consignments over last year— and a jump in final totals of over $5m from 2010's $43.3m result. Quite a few rare American muscle cars crossed the block here, including the 1964 Shelby Cobra SCM 1-6 Scale Condition Rating: 1: National concours standard/ perfect 2: Very good, club concours, some small flaws 3: Average daily driver in decent condition 4: Still a driver but with some apparent flaws 5: A nasty beast that runs but has many problems 6: Good only for parts 78 Sales Totals $48,607,877 $33,436,750 Mecum Auctions, Indianapolis, IN RM Auctions, Cernobbio, ITA Auctions America, Auburn, IN Worldwide, Seabrook, TX Bonhams, Monte Carlo, MCO Bonhams & Butterfields, Port Townsend, WA $1,455,736 $4,750,205 demonstrator, which made $519k, and a 1971 Hemi 'Cuda with the highest serial number of any known Hemi 'Cuda. It was the high sale of the weekend at $583k. Senior Auction Analyst Paul Hardiman traveled to Monaco on May 20 for Bonhams' annual “Les Grandes Marques à Monaco” event, where 29 of 63 lots traded hands for $4.7m. This year's event showed improvement over 2010's $3.6m total, but as Hardiman noted in his report, several of high-end lots stalled on the block. A 1955 Mercedes-Benz 300SL made high sale honors at $803k, while a Ferrari 308 GTB Group B rally car made $656k (see the profile, p. 138). Bonhams & Butterfields offered the Don and Lynette Short Collection on May 21, with a list of consignments mostly consisting of vintage Stutz automobiles, as well as Locomobile, Mitchell, Pierce-Arrow, and others. Of the 29 cars offered, 24 were sold, making $1.4m. Auction Analyst Jack Tockston noted a number of world-record prices here, including the ex-Harrah 1920 Stutz Bearcat that was the highest seller of the event at $260k. RM traveled to Cernobbio, Italy for its first ever Concorso d'Eleganza Villa d'Este sale on May 21, and Auction Analyst Jérôme Hardy was there to record 23 of 32 toplevel consignments selling for $33.5m. As noted in his report, this sale's average price was $1.4m per lot, which is three times the average value generally seen in Monterey in August. A 1955 Ferrari 375 MM Berlinetta was the top performer, making $4.8m. Finally, if you've always wanted sports car looks and mud-bogging capabilities, this month's report on eBay Motors sales should have just the monster 4x4 for you. ♦ Top 10 Sales This Issue (Land Auctions Only) 1. 1955 Ferrari 375 MM coupe, $4,794,720—RM, p. 104 2. 1938 Talbot-Lago T150C SS TearDrop, $4,475,072—RM, p. 102 3. 1957 Ferrari 500 TRC racer, $3,995,600—RM, p. 104 4. 1959 Ferrari 250 GT LWB California Spyder, $3,596,040—RM, p. 104 5. 1967 Lamborghini Marzal Bertone concept coupe, $2,157,624—RM, p. 106 6. 1937 Mercedes-Benz 540K cabriolet, $1,997,800—RM, p. 102 7. 1939 Delahaye Type 135 MS roadster, $1,118,768—RM, p. 102 8. 1970 Lancia Stratos HF Zero concept coupe, $1,090,000—RM, p. 106 9. 1957 BMW 507 convertible, $1,038,856—RM, p. 102 10. 1967 Ferrari 275 GTB4 coupe, $963,225—RM, p. 106 1. 1931 Minerva 8 AL convertible sedan, $751,173—RM, p. 100 2. 1965 Chevrolet Corvette 327/365 coupe, $69,960—Mec, p. 90 3. 1970 Chevrolet Chevelle LS6 convertible, $236,500—WWG, p. 128 4. 1931 Cadillac 355 A, $65,520— B&B, p. 148 5. 1970 Maserati Indy coupe, $33,768—Bon, p. 138 Sports Car Market Best Buys $6,724,835 $4,957,300

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Mecum Auctions Indianapolis, IN 24th Annual Spring Classic Dana and company manage to pull new rabbits out of their hats every year, and they keep expanding and have the resources to make it work Company Mecum Auctions Date May 17–22, 2011 Location Indianapolis, IN Auctioneer Mark Delzell, Mike Hagerman, Jim Landis, Bobby McGlothlen, Matt Morauec & Jeff Knox Automotive lots sold / offered 1,249/2,021 Sales rate 62% Sales total $48,607,877 High sale 1971 Plymouth Hemi 'Cuda 2-dr hard top, sold at $583,000 1963 Shelby Cobra CSX2096 “The Demonstrator” roadster—$519,400 Report and photos by B. Mitchell Carlson Market opinion in italics T hings just keep getting bigger at Mecum's Spring Classic. Nearly all the statistics for their annual auction seemed to grow by just a little bit this year: The number of days in the sale increased by one, the number of consignments jumped by over 400, and gross sales grew by over $5m. This year, the event had become so big that the auction podium was actually moved to the next building over at the Indiana State fairgrounds. And although growth was the name of the game this year, 2010's auction featured a more expensive top sale in the 1963 Chevrolet Corvette Harley Earl convertible that made $980k—but that's not to say that this year's $583k '71 Hemi ‘Cuda was anything to sneeze at. This year, aside from offering several high-end collections including several estates, Mecum also had a four-car grouping of cars that were part of the 1953 GM Motorama. While the Corvette and the Cadillac Eldorado failed to sell, the Oldsmobile Fiesta and Buick Skylark yielded respectable sales. One new wrinkle for this year was that Mecum also conducted a separate and concurrent Automobilia auction on Thursday through Saturday in the neighboring auditorium, which also shifted to an estate parts collection auction on Sunday. 80 Buyer's premium $300 up to $5,499; $500 from $5,500 to $9,999; 6% thereafter, included in sold prices That top-selling 'Cuda caught me off guard. It was claimed to have the highest serial number of any Hemi 'Cuda, and I've seen it for sale at every Spring Classic for the last five years (plus several other Mecum events), so I just considered it as another futile attempt at recreating a market that has in recent years more or less shriveled up. Surprise, surprise, surprise—it was hammered sold for more than the previous leader did earlier that day: the Shelby Cobra “demonstrator” car, which made $519,400. Although there were no “knock it out of the park” seven-figure sales, I'm sure any auction company out there will take 68 $100k-and-greater cars that sell over a handful of multi-million dollar cars that may or may not change hands. I certainly don't think Mecum has anything to complain about when it comes to these results. All in all, Dana and company manage to pull new rabbits out of their hats every year, and they not only keep pressing on, but expand and have the resources to make it work. Even with this volume, they had sufficient staff on hand to handle most anything—from driving and marshalling cars, to getting the paperwork and checks done in the office. Kudos to Mecum for not only pulling this off, but having the foresight to know that it takes enough people in the right places to make this work and not try to skimp in the manpower (and womanpower) department. One wonders if there's going to be enough room on the grounds, days in the week, or even cars in the state of Indiana to expand this further next year. But somehow, I expect Dana will figure out a way to make it happen. ♦ Sales Totals $10m $20m $30m $40m $50m 0 Sports Car Market 2010 2009 2008 2007 2006

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Mecum Auctions Indianapolis, IN ENGLISH #F255-1935 ROLLS-ROYCE 20/25HP Moxie replica speedster. S/N GHG31. Black & white/Saddle leather (literally). Modern day re-creation of sole Rolls-Royce chassis Moxie soft drink promotional car of the 1920s and 1930s. Created in the 1980s and fluffed up within the last decade. Featured in a special exhibit at the 2006 Amelia Island Concours d'Elegance. Wears a pre-1933 Rolls-Royce grille shell emblem. Ford 302 coupled to an automatic transmission. Modern Auto Meter gauges in dash, Astro-Turf carpeting on floor. Elongated stirrups operate accelerator and brakes, steering wheel is a heavy-duty truck unit by Ross. Linkages show some light corrosion at joints. Cond: 2-. SOLD AT $58,300. No horsing around at this price point, but only if you collect Moxie ephemera or eccentric oddities. Otherwise, just a large garage ornament. Despite a reported $100k spent to build, I can't see it bringing more money anywhere else. #U75.1-1957 JAGUAR XK 140 roadster. S/N 812462. White/black cloth/red leather. Odo: 34,196 miles. Sports a concours-quality restoration, with over two decades on it. Paint and chrome have held up quite well. Recently replaced stainless steel exhaust system, top, upholstery, tires, and fender skirts—which explains why they look a touch darker than rest of body. Acceptable door gaps. Tidy engine bay 7,476 miles. Good repaint on fenders, upper body sections have a dulling, chalky appearance. Older, passable top and interior upholstery. Aftermarket steering wheel wrap and wood shift knob, modern seat belts. Light pitting on all chrome. Recent brake job, including new master cylinder. Selective use of rattle-can undercoating, no overspray on old surfacerusted exhaust system. Fitted with a new set of plus-1 sized Panasport alloy wheels and new radials. Cond: 3. SOLD AT $18,285. If the buyer wanted a presentable driver, this should have been the ticket. He or she may have spent a few grand more than needed, but just as long as the next stop is not a restoration shop, this should prove a rewarding play toy for several years. After wringing the fun out of it, well, then go ahead and consider restoration. #S211-1971 MCLAREN M8E Can-Am spec racer. S/N 8004. Yellow/black vinyl. RHD. Campaigned by Roy Woods Racing during the 1971 Can-Am series, driven by Vic Elford. Tub-up restoration a little over a year ago by Symbolic Motorsport to original configuration. Powered by period-correct Chevy Mark IV big-block with Lucas injection and Vertex magneto ignition, bolted to Hewland 4-speed transmission. Wears a tech inspection modern leather steering wheel rim cover. Seats typically lumpy due to deteriorating padding, leather very glossy. Dealer accessory red rubber floormats heavily faded. Clean and tidy under the hood, but not a show car. Cond: 2-. SOLD AT $79,500. The reserve was lifted when the bidding ceased, led by the chap seated in front of me. A couple of folks congratulated him on his purchase right afterward, but I certainly wasn't one of them. All the money in the world plus borrowed change if you ask me. #F108-1974 JENSEN INTERCEPTOR Mk III convertible. S/N 23111575. Pearl white/tan vinyl/tan leather. Odo: 25,169 miles. Rough repaint, with cracked original paint contours visible beneath it, lots of runs, inattentive masking, and an uneven sheen—especially up front, where it seems to have been blended in after collision work. Likely theft recovery, as driver's door-to-glass seal is torn, and upholstery around ignition switch is mangled and chewed up. Newer correct top is well fitted. Reupholstered driver's seat, passenger's side slightly lighter. Aftermarket steering wheel. detailed to show standard but not concoursquality. Light surface rust on gauge needles. 1987 Texas inspection sticker on windshield, but also has 6-character California blue plate with 2004 tag on top of stack of previous years. Cond: 2. NOT SOLD AT $110,000. At this bid, the car should've rightfully changed hands, but the consignor was probably freshly remembering how much it cost to freshen up the car. #F5-1960 MGA roadster. S/N GHNL80942. White/tan vinyl/tan vinyl. Odo: 82 sticker from the 2010 BRIC (Chicago Historics, for us old timers) at Road America. Excellent paint and cosmetics, minimal road wear behind wheelwells. Thick masking around original McLaren nose decal. Cond: 2-. NOT SOLD AT $310,000. We may have been just down the road from the Brickyard, but this Can-Am car did more for me than any of the Indy cars out here. Last bid seemed like realistic money, but I also can't blame the seller for not letting it go. #S203-1972 JAGUAR XKE Series III convertible. S/N 1S20522BW. White/black vinyl/red leather. Odo: 21,420 miles. Stated to be a two-owner car, but no claims made regarding mileage or originality. Superb newer trimoff repaint. Better-than-original chrome and bumper finish. Good original top, but plastic backlight yellowing noticeably. High-quality Sports Car Market Generally unkempt engine bay. Modern a/c compressor. Cond: 3-. NOT SOLD AT $47,000. Listed in SCM as sold on eBay in February 2011, for a claimed $45,100 (SCM# 168913), rated by the seller at 2- condition. Proof once again that you never take a seller's word for granted on an eBay auction. Let's just say that this example did not inspire great confidence. FRENCH #T310-1960 VESPA 400 coupe. S/N 18916. Light blue/dark blue vinyl/blue & gray vinyl. Odo: 778 miles. Miles believed actual,

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Mecum Auctions Indianapolis, IN with original tires and interior paint. Presentable exterior repaint, but not to the caliber one would expect for a third place in class at Pebble Beach in 1997. Windshield starting to delaminate. Good original or older replacement sunroof top vinyl and plastic back window. Reupholstered seats, at least as good workmanship as original. Lettering and numbers on speedo face starting to crack and shrink. Repainted gloss black undercarriage. Cond: 3+. NOT SOLD AT $21,000. The hands-down winner of the “Gee, honey, isn't it cute?” award. Thing is, so was a yellow one at Mecum's St. Charles auction last fall, bid to $24k and not sold (SCM# 165929). That one may have set the bar too high, with the consignor thinking this one should pull that kind of money at least. Adorable microcars have been the flavor of the month for quite a few months now, but it's still unclear what one of these is really worth. GERMAN #T222-1957 MERCEDES-BENZ 190SL convertible. S/N 1210407500246. Red/black cloth soft top & black vinyl hard top/white leather. Odo: 88,136 km. Old average repaint, lots of touched-up chips and overspray. Originally a European-market car, then crossed the pond, probably after 1968, as headlights are modified sealed-beam U.S.-spec units from a 1968–1972 280SL/SEL. Side grilles cut into front fenders, Talbot-style mirrors on top, fake white Porta-walls poorly installed over modern radial tires. Original optional big back window hard top nicely re-covered. Rechromed bum- seat and door panel reupholstery job. Runs out well, just like a Toro lawnmower. Cond: 3. SOLD AT $28,620. The consignor was a bit surprised when I told him before the sale that better ones sell just north of $30k. Pleasantly surprised, I should say, as he was into it for less than half of that and wasn't expecting more than $20k. He was exceptionally pleased with the outcome, taking the reserve off at $25k. #T9-1969 MERCEDES-BENZ 280SL convertible. S/N 11304412009278. White/white hard top/red leather. Odo: 83,326 miles. Presentable older repaint, but upper surfaces starting to get chalky, could use a buffing. Blister forming at front fascia. Moderate pitting on cast chrome trim, bumpers presentable. Retains original warranty service plate, showing that it was sold new in Beverly Hills as generally considered the low point of '02 production. Not only were the engines at their most strangled by U.S. emissions, but the bodies also sported the less aesthetically pleasing square taillights and butt-ugly guard rail bumpers. Now in the 21st century, a car with a solid structure trumps those downsides. The stouter suspended, larger braked, fuel injected tii helps, too. If it had the Holy Grail of options— the 5-speed transmission—this price would be a slam-dunk for the buyer. As-is, fully priced by a bid or two. #T237.1-1974 VOLKSWAGEN BEETLE sedan. S/N 1142349723. Marina Blue/gray vinyl. Odo: 10,232 miles. Authentication letter from VW Museum archives and original sales docs included. No options at all except for the Autostick transmission. Car said to be 100% original (save for fluids and battery) with actual miles. Peel-off starting instruction sticker intact on steering wheel hub. Light chipping on door edges and along inside trunk latch. AAA club decal on minty rear bumper. Interior shows some light yellowing from age, seats lightly soiled from dust. Cleanly detailed engine bay. pers, with moderate pitting on all interior chrome. Driver-grade reupholstery work. Worn, faded carpet. Cond: 3-. SOLD AT $39,220. I can only guess that the custom restyled front end must have been done in imitation of a 300SL, but it totally missed the mark and just made the nose look heavy. Anyone who placed a bid beyond the $30k mark was out of touch—the car could be made right for maybe $75k, but then it will still be worth just $80k. #T165.1-1958 BMW ISETTA coupe. S/N 515258. Blue & gray/black vinyl sunroof/blue vinyl. Odo: 23,507 miles. Older repaint with heavier overspray on undercarriage and side glass seals. Paint chipping where rear bumper overriders meet body. Bumpers replated, mirrors and window trim heavily frosted. 1969 University of Iowa campus parking sticker in rear window. Oil change stickers also from this era. Newer shock absorbers, with rust scale and blue oversprary on undercarriage. Economy 84 currently configured. Original wood totally beat, needs replacement. Older reproduction upholstery. Noticeable old car smell emanating from original carpet, not to be confused with distinctive and refreshing old German car odor. Towed across auction block. Cond: 3. SOLD AT $39,750. Global interest in global market cars must have really influenced values for lesser 280SLs recently, as this sold for double the $20k high estimate. A home run for the seller. #U19-1974 BMW 2002 TII 2-dr sedan. S/N 2781488. Brown metallic/tan vinyl. Odo: 42,648 miles. Presentable older repaint covers body tag and paint color decal, heavy overspray on door seals suggests they weren't even masked off. Heavier chips on door edges. Solid shock towers in trunk, but lower edges of spare tire well are rotting out. Very dull original brightwork. Current Pennsylvania inspection sticker in windshield. Generally tidy underhood. Replacement seats, door panels, headliner, and carpet. Cloudy but serviceable dash vinyl. Optional sunroof, clock, and Becker Monza AM/FM radio. 13-inch Alpina starburst alloys. Cond: 3. SOLD AT $10,865. 1974 is Period aftermarket rear mudflaps. Cond: 2. SOLD AT $12,720. A veritable time capsule, possibly because the owner got frustrated or gave up on the Autostick. That might also explain the radio delete—they needed maximum weight reduction to get any semblance of performance. While it's a great benchmark for how a 1974 was originally built, it would not be a great car to drive. Even spending more than a buck per mile, the buyer paid about the right price for a Survivor show trailer queen and garage ornament. ITALIAN #S132-1973 FERRARI 365 GTB/4 DAYTONA coupe. S/N 16493. Dark red/tan leather. Odo: 26,395 miles. Car claimed unrestored with actual miles showing. Color-change repaint to factory standard. Paint cracking Sports Car Market

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Mecum Auctions Indianapolis, IN under right rear window. Door gaps generally even, but seals loose and even poking out in places. Generally maintained heavy chipping on cam covers, underhood, corrosion including paint, with miles actual since new. Three things that weren't on the car when it came off the boat are side moldings, rustproofing plugs, and new 205/70R14 Sumitomo tires. Impeccably well-cared-for paint, including bossed on hood sides. Frame-off restoration done to driver standard by MV enthusiast and DOT inspected. Less-than-expert bodywork, some waviness and floated-out dents. Reproduction data plates in cab. Seat canvas worn and fading. Modern seat belts, aftermarket gauges, and cowl insulation added. Box is harder-to-find steel one rather than more common wood. Converted to 12-volt with modern on edges of radiator. Interior leather due for cleaning and conditioning. Original Becker Mexico AM/FM/cassette deck in console. On Borrani chrome wire wheels, also includes set of period 5-spoke alloys, along with some spare parts, jack, and tool kit. Cond: 3-. SOLD AT $280,900. As part of the no-reserve Paul Dehnert estate, this was almost anticlimactic in the way that it slowly worked its way up to being hammered sold. Hard to say if the repaint helped or hurt the price. On one hand, it was a more likeable color on an otherwise generally original example, but on the other, things were approaching “worn out.” Call it market pricing for now. #F31-1985 FERRARI TESTAROSSA coupe. S/N ZFFSA17A3F0057619. Rosso Corsa/tan leather. Odo: 19,483 miles. Wellcared-for original paint, with a few light gravel nicks on nose and trunk lip. Aftermarket prancing pony valve stem covers on stock wheels. Ferrari Club of America decal on driver's-side rear quarter-window. Virtually no wear on original upholstery and carpet. Heaviest wear on steering wheel rim leather. Last documented underhood and in door jambs. Excellent original brightwork. Cleanly detailed engine bay, which still has good original gold cad plating on most hardware. Minimal interior wear or soiling, with light yellowing of some plastics from age. Cond: 2-. NOT SOLD AT $18,000. If there were three pedals on the floor, one could almost see why the consignor held tight to his reserve. But for a slushbox car—even such an unusually clean and original example—this was all that could be expected. AMERICAN #T243-1938 WILLYS 48 ½-ton pickup. S/N 3871553. Gray & dark blue/black vinyl. Odo: 22,569 miles. Indicated miles claimed actual. Restored to generally stock condition, including close approximation of original color combo. Modern vinyl graphics on tailgate in lieu of original painted logo. All chrome redone, plus additional strip added on box. Modern oak side rails, carpet laid in bed. Turn signals added, additional rear parking lamp integrated into front parking lights in the head- signals and later-vintage full-pressure oil system engine. Said motor lights right up. Cond: 3+. SOLD AT $10,500. The War Department ordered all manufacturers to cease marking military products with their trademark names as of July 1942, so the earlier branded examples tend to be worth more, regardless of the vehicle. The seller/restorer did this truck up for user-friendly parade use, rather than a pure restoration. Military trucks larger than jeeps don't often turn up at collector car auctions, so the sales records are spotty. MV collectors tend to be cheap—even on correct museum-grade restorations—while car guys tend to pay more. We'll just call it big boys wanting to play army and call that our explanation for the selling price here. #S109-1953 BUICK SKYLARK convert- ible. S/N 16892896. Blue metallic/white vinyl/blue & white leather. Odo: 257 miles. 322-ci V8, 4-bbl, auto. Older frame-off restoration done to what was then state-of-the-art standard, still presents very well. Gaps OK. Whitewalls starting to yellow. Period-style aftermarket chrome exhaust deflector. Modern crimp connectors on rear bumper license plate lamp wiring, lying across bumper apron. engine service in June of 2007. Aftermarket exhaust system and Sony CD player. Still rolling on original Michelin TRX radials. Cond: 2-. SOLD AT $54,060. These redheads generally tended to be bought and used hard, then put away tired and beat. This one seemed to have defied that trend, and came off as having been well cared for since day one. If you were going to pay retail-plus for a TR—or just wanted a TR not on the verge of implosion— this was worth the price of admission. JAPANESE #T200-1978 DATSUN 280Z coupe. S/N HLS30462810. Light gold metallic/parchment vinyl. Odo: 12,245 miles. Believed all-original, 86 light assembly. Light cracks in steering wheel, light surface rust and discoloring of original gauges. Good reupholstery. Cond: 2. SOLD AT $37,630. You almost never see a pre-war Willys pickup that isn't a street rod or gasser. Heck, just a Willys pickup is rare enough, no matter what was done to it. Kudos to the consigning dealer (who specialized in top-condition pickups) for putting this one in top shape and reminding folks that Willys and flame paint jobs are not synonymous. Not cheap, but find me another one. #U152-1942 CHEVROLET G7107 mili- tary truck. S/N BV471608. Olive Drab/Olive Drab canvas. Odo: 389 miles. Early contract pre-July 1942 truck, with “Chevrolet” em- Interior only shows light soiling from sitting and no perceivable wear. Concours-ready engine bay and undercarriage. Cond: 1-. SOLD AT $206,700. Part of the Motorama offerings. Just when I thought that 1954 Skylarks were the hot ticket over the original-year examples, this one took off like a rocket. There was no Sports Car Market

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Mecum Auctions Indianapolis, IN problem at all surpassing $150k, and it just kept going up. So much for thinking that 1950s American convertibles are a dying market. #S106-1953 CHEVROLET CORVETTE roadster. S/N E53F001274. Polo White/black cloth soft top/red vinyl. Odo: 45,743 miles. 235-ci 150-hp I6, 3x1-bbl, auto. Approximately a year out of a restoration shop specializing in 6-cyl Corvettes. Authentically restored body tub, with correct light waviness and fabric weave bleed-though under correctly applied paint. All chrome has been replated to correct, non-show-quality brilliance. Non-OEM repro- touched car with 26,000 miles. Documented with build sheets, warranty cards…”. Well, it was at least partially repainted a long time ago. Roof paint particularly rough, with runs and orange peel—even Chrysler wasn't that sloppy in '57. Fitted with a post-factory Park-O-Mat a/c system, modern wiring visible. Rear bum- #F228-1957 FORD THUNDERBIRD D/F code convertible. S/N D7FH202136. Inca Gold/Inca Gold hard top/black & white vinyl. Odo: 4 miles. 312-ci supercharged V8, 3-sp. Documented as one of 15 pilot production supercharged ‘Birds built for competition, converted from “D code” dual-quad induction cars 5 months before “F code” regular production. Overdrive unit added by original owner after he quit competition. Restored by T-Bird expert Gil Baumgartner in the early 1980s, with only light fluff-ups since. Won numerous CTCI na- duction windshield. Original dull and fading taillight lenses. New top lightly wrinkled. Original door knobs yellowing, in contrast with repro dashboard fittings. Clean, correctly detailed engine bay and undercarriage. Cond: 2-. NOT SOLD AT $180,000. Top bid was about $50k under even the most pessimistic predictions. Especially since I saw it declared sold for $247,500 at the Auburn Worldwide auction last Labor Day weekend, 2010 (SCM# 166401). #S108-1953 OLDSMOBILE FIESTA convertible. S/N 539M40169. Regal Turquoise & Polar White/white vinyl/turquoise & white. Odo: 17 miles. 303-ci V8, 4-bbl, auto. Frameoff restoration showing vastly-better-than original workmanship. Fitted with non-OEM windshield. Hood does not rest flush onto cowl, only noticeable because all other body gaps on the car are square. Concours-quality detailing underhood. No discernable wear anywhere on the car, even on the undercarriage. Cond: 1-. per was rechromed at some time, but rest of brightwork is all original and aged. Clear vinyl seat covers appear to be a later addition, as seats are noticably faded and torn. Cond: 3. SOLD AT $28,090. The car still retained most of its original dealer sticker on the rear valance and a 1958 North Little Rock license sticker in windshield. Today, perhaps few wax nostalgic about Little Rock in 1957, but this DeSoto was a pleasant slice of life from that emotionally charged time. The Firesweep was the entrylevel DeSoto in 1957, while all hard tops in all series were called Sportsmans. Factoring the low miles into the equation, sold for correct top money. #S165-1957 DEVIN MONZA racer. S/N DSR007. Red & white/black vinyl. RHD. Odo: 211 miles. Presentable older repaint, star crack under left front fender. Ernie McAfee assembled the chassis in '52, body reportedly copied off a Ferrari that was in Devin's shop in the mid-'50s. Powered by a circa-'55 Alfa 1290-cc four, from a wreck returned to Max Hoffman's L.A. agency, with more modern 5-speed Alfa tranny and quick-change Halibrand rear end. On Borrani wire wheels shod with Dunlop race tires. Modern fuel cell, 5-point harness, race tional awards from 1983 into 1990s and looks concours-ready. Slight yellowing of gauge faces, interior wear otherwise minimal. Cond: 1-. SOLD AT $275,600. Last seen at RM's Phoenix sale in January 2009, then a no-sale at a “nobody's paying attention” bid of $190k (SCM# 119167). This time, thanks in no small part to all the pre-auction hype, as well as Mecum's December sale in KC of a “regular” F-Bird for more than this last no-sale, the bidding was heated both in the room and on the phone. The reserve was lifted at $260k and hammered sold shortly after. #T120.1-1963 CHEVROLET IMPALA SS 2-dr hard top. S/N 31847T238214. Tuxedo Black/red vinyl. Odo: 98,609 miles. 409-ci V8, 4-bbl, 4-sp. Decent repaint. Door gap and fit OK, but both doors have to be slammed shut. Several light nicks in side trim. Buffed-out stainless steel trim, newer bumper rechroming. Faded original dashpad, rest of interior soft trim is reproduction and installed with good workmanship. Modern black seat belts added in rear. Aside from battery, engine bay is tidy SOLD AT $180,200. Last seen at Worldwide's Houston Classic auction in Seabrook, TX in 2010, then netting $195k (SCM# 120365). Here it was part of the four-car 1953 Motorama grouping on Saturday. Interesting that it gets cut loose for $20k less, two years later. Perhaps part of a larger trend of stagnant values for 1950s cars? #F2-1957 DESOTO FIRESWEEP Sportsman 2-dr hard top. S/N 58027393. Tan & white/white vinyl & gray nylon. Odo: 26,195 miles. 325-ci V8, 4-bbl, auto. “Totally un- 88 seats, modern steering wheel, fire suppression system. Tidy and well kept chassis and engine bay. Cond: 3+. SOLD AT $50,880. Ernie McAfee and Bill Devin were business partners when this car was assembled, but Ernie was killed while racing a Ferrari 121 LM in 1956. The car was stated to have been campaigned on the West Coast into the 1960s. It has a current Tennessee title today, so it's now legal for the road. The reserve on this unique piece of Devin history was lifted at $48k. and detailed to stock. Rear suspension higher than stock. Older undercarriage detailing, now with noticeable soiling and light rust. Redline radials fitted. Cond: 3+. SOLD AT $26,500. Market-priced for an entry-level 409-powered SS with 4-speed. The consignor must have also felt this way, as the reserve was dropped when the bidding ceased. Sports Car Market

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Mecum Auctions Indianapolis, IN #F226-1963 SHELBY COBRA “The Shelby Demonstrator” roadster. S/N CSX2096. Red/black vinyl/black leather. Odo: 43,948 miles. 289-ci V8, 4-bbl, 4-sp. Used as demonstrator from February 1963 to April 1964, appearing in several magazine road tests. Last mechanically restored in 1992, but repaint in original red dates to late '70s. Said repaint presents as meticulously preserved original enamel, very nice. Heavy seat leather wrinkling and patina, modern electrical switches on console, original shift knob swiped during event. Electric radiator fan added. On knockoff pay for a Merc, even with the 427 and overall good originality. BEST BUY #W229.1-1965 CHEVROLET CORVETTE coupe. 194375S100001. Silver S/N Pearl/silver leather. Odo: 28,500 miles. 327-ci 365-hp V8, 4-bbl, 4-sp. First 1965 Corvette built, by serial number and body number. Good older repaint, some cracking at windshield base. Front wheelwell lips have some latter-day reinforcing, but body generally stock. Rattle-can re-dye of interior door panels, seats also re-dyed rather than replaced. Original carpeting water-stained. still say that cars do sell for more while the cameras are on. No one should feel too bad for the estate, as it sold strong enough. #S193-1967 CHEVROLET CAMARO Nickey/Bill Thomas 427 Stage III coupe. S/N 124377L159629. Red & white/black vinyl. Odo: 87,994 miles. 427-ci V8, 4-bbl, 4-sp. Verified by Nickey registry and Bill Thomas himself as a car that was converted in his shop into a prototype L72-powered Stage III. Repainted to detailed standard, reportedly with no bodywork needed. Light polishing swirls, some light sanding on windshield trim. Driver's door latches poorly, protrudes out at rear. Good reproduction interior soft trim with minimal wear. Show-quality engine bay and undercarriage. Wears original (refinished) Cragar SS wheels with Nickey center caps and Bill AC wire wheels shod with period Blue Streaks and displayed with set of gunmetal-painted wires. Cond: 3+. SOLD AT $519,400. This curvy Cobra actually appeared on the cover of Playboy magazine in August of 1963. The stolen shift knob appeared to be the same as used on the full-sized Fords of the era equipped with the FE engine and 4-speed. Little consolation, sure, but at least it's not some one-off item. The car saw some spirited bidding both on-site and over the phone, especially once the $450k reserve was lifted. At a touch over $500k, call it fairly bought, toward the low end of $500k$600k estimate range. #S137-1964 MERCURY MONTCLAIR MARAUDER 2-dr hard top. S/N 4Z57R507298. Light blue/two-tone blue vinyl. Odo: 51,015 miles. 427-ci V8, 2x4-bbl, 4-sp. Car claimed to show actual miles and be essentially original, only repainted and detailed. Nice original interior, seats lumpy from settled padding, lower seat trim has come loose, revealing wiring for optional power seat. Engine bay quite tidy. Original valve cover decals have started to discolor and wilt. Optional transistorized ignition, AM/FM, tinted glass, and Optional 365-hp motor, 4-speed, 3.55-ratio Posi, wood rim steering wheel, AM/FM, offroad exhaust, leather, power brakes, and Comfort and Convenience group. Wearing original knockoffs. Cond: 3. SOLD AT $69,960. Not only was this the first unit sequence number for the 1965 model year, it was also the first coupe body fabricated at the St. Louis assembly plant for '65, with a body number of S1. That alone should have given it a bump of at least ten percent, but there was no sign of any effect today. Well bought. #S96-1965 PONTIAC GTO convertible. S/N 237675P376284. Light yellow/black vinyl/black vinyl. Odo: 5 miles. 389-ci V8, 3x2-bbl, 4-sp. Restored to factory specs and confirmed by PHS. Body prep and repaint significantly better than original. Some gaps inconsistent. Light top wrinkling, as caused by storage in the down position. Motor significantly glossier than stock, but looks sharp. Excellent workmanship on reproduction interior soft trim, with only a modern Hurst shifter. Optional Tri-Power, 4-speed, power steering and brakes, wood-rimmed steering wheel, push-button AM radio, and Rally I wheels shod Thomas-installed traction bars. Cond: 2+. SOLD AT $424,000. Bill Thomas Race Cars of Anaheim, CA—a long-time racer and tuner of Chevys ranging from Corvettes to Corvairs— partnered up with Nickey Chevrolet in late 1966 when Nickey had the idea to put 427s into the all-new Camaros. Thomas did the majority of the development and converted the cars sold on the West Coast, while Nickey financed the project and handled sales elsewhere in the country. Even though this car is a Holy Grail of Camaros, the selling price still threw me for a loop. But hey, everyone goes home happy here. #F52-1967 CHEVROLET CAPRICE wagon. S/N 166357L133619. Bolero Red & faux wood/black vinyl. Odo: 49,186 miles. 396-ci V8, 4-bbl, auto. Claimed full original spec, with 325-horse 396, a/c, power steering, brakes, and rear window, plus California emissions equipment. Better quality exterior repaint, along with application of replacement Di-Noc wood siding. Generally good original paint in door jambs. Trim mashed on left rear corner. Very well-cared-for original interior, with light wear and soiling. Aftermarket gauge pack under dash. Authentically detailed Rotunda 8,000-rpm tach. Correct 15-inch steelies—unique in 1964 to 427s and Police Interceptors. Offered at no reserve from the Paul Dehnert estate. Cond: 2. SOLD AT $72,080. Purchased by Mr. Dehnert at BarrettJackson's Scottsdale auction in 2006, then paying a way over-the-top price of $99k (SCM# 44175). $27k less today, this was still plenty to 90 with Redline bias ply tires. Cond: 1-. SOLD AT $65,720. This GTO, offered at no reserve from the Zeb Morris estate, was the last car to sell before going on air, and was directly followed by another Goat from the Morris estate. As that car sold for $500 more, I guess we can underhood and very tidy, a/c now with R134a fittings. Aftermarket Rally wheels. Cond: 3+. Sports Car Market

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Mecum Auctions Indianapolis, IN NOT SOLD AT $17,000. Considering that station wagons are still a hot ticket, top bid would have been under the money even for a small-block car or a put-together special— both of which this was not. Seller was correct to hang on. #F92-1967 OLDSMOBILE 442 2-dr hard top. S/N 338177Z111632. Red/red vinyl. Odo: 959 miles. 400-ci V8, 4-bbl, 4-sp. Exceptionally nice bare-body restoration, highlighted by gleaming repaint. All glass brand new, original brightwork all professionally buffed out or replated. Front clip gaps not perfect, but are among the best I've seen on a '64–'67 GM A-body. Tail-dragging rear suspension. Bonestock interior restored and unworn. Modern Hurst shifter. Stated to have block from a '68 442 rebuilt to '67 350-hp specs. Runs out very black/black vinyl. Odo: 19,881 miles. 455-ci V8, 4-bbl, auto. Car claimed to show actual miles and be all-original apart from fluids, battery, and a hood repaint. I'll add that headlights are no longer T-3s. Paint almost looks clearcoated. Lightly pitted emblems, foggy Recent Marti Report verifies car configured as original from factory. Mileage loosely claimed to be actual. New non-OEM windshield. All brightwork professionally buffed out or re- bumpers. Interior very well preserved, and reeking of mothballs. Undercarriage belies sub-optimal storage conditions, with heavier surface rust on bare metal chassis components, plus some overspray on rusted exhaust pipes from touch-up of rocker panels. Equipped with dealer-installed well, and is actually quieter than stock at idle. Optional power steering and SSII wheels. Cond: 2+. NOT SOLD AT $35,000. Last popped up on our radar at the 2010 McCormick Palm Springs auction last February, fetching $40,163 (SCM# 160843). Little wonder, then, that they declared on the block it would take “well into the $40s to get it done today.” #S105-1967 SHELBY GT500 fastback. S/N 67402F4A00923. White & blue/black vinyl. Odo: 19,589 miles. 428-ci V8, 2x4-bbl, 4-sp. Narrow center headlight configuration. Heavily documented, restored to original spec, with power steering and front discs, fold-down rear seat, shoulder harnesses, AM radio, and 10-spoke alloy wheels. Older repaint has some slight yellowing starting to show on a few places, most notably on rear window scoops. $63,600. To get around the 400-ci ceiling imposed by GM on the A-bodied cars, Olds farmed out the 455 swap to Hurst as a conversion package. 515 such cars were done in this first year of what would be a two-year project, and this had to be one of the best preserved of them all. As such, the selling price seemed fair if not bought well. #S201-1969 DODGE CHARGER Daytona 2-dr hard top. S/N XX29L9B410769. Hemi Orange/black vinyl. Odo: 64,516 miles. 440-ci V8, 4-bbl, 4-sp. Claimed to be an unrestored original, but wears an older repaint, done with easily removed trim off and a stock gloss to it, clearly showing sanding scratches beneath. Some crazing. Jambs, trunk, and underhood retain good original paint, factory inspection marks on cowl. Excellent gaps. Tidy underhood. Newer interior or very well preserved original. Power steering and brakes, de- a/c. Cond: 3+. SOLD AT plated, windshield VIN tag buffed to high gloss. All Ford under the hood, although it has a modern fleet sales battery and incorrect air cleaner decal. Minimal wear on all reproduction interior soft trim. Fitted with chromed GT wheels shod with repop Polyglas tires. Cond: 2. SOLD AT $54,060. Last seen at Mecum's Kissimmee sale in January 2011, where it nosaled at $52k (SCM# 168849). Since the bidding here duplicated those results exactly, the consignor took the hint and cut it loose. #T96-1970 AMC AMX 2-dr hard top. S/N A0M397P175360. Black/Fawn vinyl. Odo: 88,884 miles. 360-ci V8, 4-bbl, 4-sp. Generally complete documentation, optional sidepipes now long gone. Good trim-off repaint when it was restored in 1994 by the second owner. Most trim repolished at repaint, bumpers and some pieces replated. Light pitting on taillightsurrounds. Original door seals masked off and reused. Seat upholstery moderately dirty, faded, and worn. Aftermarket steering wheel, Older interior restoration, with soiling and yellowing more from age than wear. Authentically detailed underhood, with Autolite battery top overlay covering a modern cell. Aftermarket exhaust outlets. Cond: 2. SOLD AT $175,960. Maybe not minty fresh, but still a strong example. A further good sign in big-block Shelbyland was that this car not only went past the reserve at $160k, but that the bidding kept going for a while longer. #U68-1968 OLDSMOBILE 442 Hurst 2-dr hard top. S/N 344878M387001. Silver & 92 luxe bucket seat, center console, Rally gauges, and Magnum 500 wheels confirmed by fender tag and the Chrysler Registry. Cond: 3+. SOLD AT $116,600. Offered at no reserve. Not that this was a bad car—far from it—but it was hardly the unmolested virgin it was made out to be. Doubts about the car's heritage, along with the continuing uncertainty of the Mopar market, combined for an up-to-the-minute correct market price. #S81-1969 FORD MUSTANG Mach 1 fastback. S/N 9T02R151100. Champagne Gold & black/black vinyl. Odo: 55,595 miles. 428-ci V8, 4-bbl, 4-sp. Superb bare-body restoration, with excellent body prep and repaint. modern Hurst shifter, and BAE gauges. Recent engine paint detailing, with aftermarket plug wires and tube headers. Non-stock chambered mufflers. Cond: 3+. SOLD AT $20,405. This final year of production also had the lowest production numbers, with only 4,116 cars built. I've maintained for some time that AMXs are undervalued, and this one, while not a show queen, was nonetheless a strong, appealing driver. Well bought. #S275-1970 BUICK GS 455 Stage 1 2-dr hard top. S/N 446370H193675. White/black vinyl. Odo: 1,291 miles. 455-ci V8, 4-bbl, 4-sp. Frame-off restored beyond factory quality within last few years, no wear since. Retains entire original drivetrain and nearly complete documentation, including tank sticker and build sheet. Coolant jug and washer reservoir yellowed from age; engine bay otherwise con- Sports Car Market

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Mecum Auctions Indianapolis, IN cours-ready, as is undercarriage. Optional Stage I 455, M21 4-speed, console, tinted glass, tion, excellent paintwork, factory-correct for the most part. Slightly wide gaps, but door actuation is excellent. Only non-authentic item underhood is chrome master cylinder cover. Moderate aging of seats is in line with claimed Repaint likely better than original, but still not concours-quality. Seat may very well be original or at least date from the era, has minor seam splitting along outer edges. Like-new five-point harness, modern steering wheel, modern red AM/FM with rear speaker, Rally steering wheel, Rally instrument group, door edge guards, and that's it. Original steel wheels with dog-dish caps. Cond: 1. NOT SOLD AT $135,000. Yes, there is more to life than bigblock Chevelles. A Stage I GS could show its taillights to any of its GM A-body brethren (if just barely, as in the case of a 1970 W-30 Olds 442). This car was also seen here in 2010, then a no-sale at $155k (SCM# 162975). It's going to take the right collector with deep pockets to get this one sold. #F248-1970 CHEVROLET CHEVELLE SS 454 LS6 2-dr hard top. S/N 136370B159605. Forest Green/white vinyl. Odo: 16,459 miles. 454-ci V8, 4-bbl, auto. Claimed original miles and unrestored, with providence verification from all 4 owners since new. Clearcoat added over the mostly original paint, including over paint nicks around the trunk lock. Underhood essentially original with all smog gear and light flash rust. Most of interior has held up exceptionally well over 41 years. Optional LS6, TH400 automatic, 3.31 mileage. With optional 4-speed, Super Track Pack with 4.10 gearing, unassisted front discs, Elastomeric front bumper, AM/8-track, overhead console, and leather interior with center console. Rear spoiler added, but original uncut trunk lid included. Cond: 2. SOLD AT $145,220. Passed the reserve at $125k, and just kept creeping steadily up from there. While it was several hundred grand shy of the big dawg Hemi 'Cuda of the sale, this car effectively broke the ice. fastback. #T231-1971 FORD MUSTANG Boss 351 S/N 1F02R162921. White/black vinyl. Odo: 48,174 miles. 351-ci V8, 4-bbl, 4-sp. Claimed to be a mostly original car, including indicated miles and paint. Rear valance has some chipping from earlier light impact. Bumper chrome looks brand new. Interior believably original (with slight old car smell). Correctly rebuilt original motor. Factory equipped with optional Mach 1 Sports Interior and blue anodized and stainless braided plumbing and fittings used throughout car. Sold on bill of sale, no visible serial number. Cond: 2-. SOLD AT $132,500. My requisite “When in Indy, write up an Indy race car” example. In 1971, Donnie Allison drove this Coyote to a 6th-place Indy 500 finish. A year later, Foyt's long-time friend George Snider drove it to an 11th-place finish. Unlike a lot of test and backup cars that grace so many auctions, this one actually fought on the front lines, so the selling price didn't seem out of line. #S90.1-1975 CHEVROLET CORVETTE convertible. S/N 1Z67J5S435199. White/white hard top & soft top/red leather. Odo: 2,789 miles. 350-ci 165-hp V8, 4-bbl, auto. Extensively documented as the last 1975 Corvette convertible built. Ordered new by Bob Kaiser Chevrolet of St. Louis, loaded with all options, and displayed at dealership for years afterward. Retains all documentation, including copy of MSO, as it was titled last year for the first time ever. Generally well preserved. Door handle flappers lightly pitted. Recent engine cleanup, although rest of bay not quite at Posi, F41 suspension, tinted glass, cowl induction hood, front disc brakes and steering, and lamp group, confirmed by copies of original build sheet. Cond: 3+. SOLD AT $84,800. With several LS6s to choose from here, this one struck me as being generally original, but not in a very desirable color combo and with a bench seat and column-shift automatic to boot. As perhaps a better indicator of the state of the LS6 market than the more desirable red-on-red bucket seat 4-speed example, it looks like there is life after 2008. #F198-1970 PLYMOUTH HEMI ‘CUDA 2-dr hard top. S/N BS23R0B292572. Lemon Twist/black leather. Odo: 43,077 miles. 426-ci V8, 2x4-bbl, 4-sp. High-quality older restora- 94 Group, console, deluxe seatbelts, power steering, Sports Deck rear seat, rear spoiler, AM/8track, tinted glass, and Magnum 500 wheels, as confirmed by shipping invoices, build sheets, and Marti Report. Cond: 3+. NOT SOLD AT $44,000. Last seen at Silver's 2010 Hot August Nights auction, being a no-sale at $50k out there (SCM# 172306). Traveling further east, it did not fare any better, proving that Boss cars haven't yet started gaining on their previous values. #S283-1971 FOYT COYOTE USAC Indy 500 spec racer. S/N N/A. Orange/black vinyl. MHD. Recently authentically restored to same configuration as when it raced two consecutive 4-cam Indianapolis 500s. Equipped with Ford V8 with Hewland transaxle. show standard. Newer stock exhaust system. Seat bottom leather lightly wrinkled. Cond: 2. NOT SOLD AT $67,000. Featured at the National Corvette Museum, in the 2003 Bloomington Gold Special Collection, and in a 1987 suit filed against GM, when the C4 convertible went into production in 1986, as they had declared this car in 1975 to be the last Corvette convertible ever. As a singular piece of Corvette history, the value will always be based on what someone is willing to pay for it and what the owner will accept. Today, the value is somewhere between this bid and the $115k reserve. #F169-1975 PONTIAC TRANS AM Yenko-modified coupe. S/N 2W87S5N520320. Silver/black vinyl. Odo: 13,280 miles. 427-ci Sports Car Market

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Mecum Auctions Indianapolis, IN V8, 4-bbl, 4-sp. Originally a base-level Trans Am with 400-ci V8, 4-speed, console, AM/8track, and Lamp Group, promptly brought to Yenko Chevrolet for street racing mods, including L88 big block with individually fabricated mounting brackets and 4.10 gearset. are all over the place, panels quite wavy. Ohso-'80s Dodge “Daytona” badges stuck on rocker panels beneath doors. Originally left Bowling Green with two-tone blue paint, which explains dark blue leather interior, in Other period touches include Cragar SS wheels and FM converter under dash. Car essentially unchanged since then, with 13,280 indicated miles claimed actual. Good original paint, heavier yellowing of front spoiler-to-body edging. Good interior, with shoulder belts removed. Cond: 2-. NOT SOLD AT $73,000. If a '71 Vega had gone into this dealer for a warranty engine replacement and a brake job, would that make it a “Yenko Vega?” No, and that was exactly the case here. While it retained all the receipts—some signed off by Don Yenko himself—this was nothing like a Yenko-tuned original. It was a one-off custom for a customer with a wallet as big as his ego. Last seen here at Mecum Indy 2010, where it was an $82,500 no-sale (SCM# 164442)—notice the downward trend? #T27-1978 FORD MUSTANG II Cobra fastback. S/N 8F03F100991. White & green/white vinyl. Odo: 70,143 miles. 302-ci V8, 2-bbl, 4-sp. Decent newer repaint and reproduction decal installation. Rather unkempt engine bay, in need of a good bath even before thinking about detailing. Wax-based rustproofing material applied when car was new, now hardened onto cowl and wheelwells. Well kept original upholstery and carpeting. Aftermarket decent shape. Said repaint was done well enough, has moderate overspray on chassis. Door scoops not cut out, just painted black. Optional tinted roof panels and AM/FM/cassette. Cond: 3. SOLD AT $15,900. “Low mileage - Lady driven - Car speaks for itself,” claimed one description, and a windshield sticker said “Protected by The Club.” Well, it certainly got multiple direct hits from the proverbial ugly stick. Somewhere in that grotesque fiberglass cocoon was a 23,783-mile C3 dying to escape, but the outrageous price paid suggests that someone actually wanted it just the way it is. #W205-2004 CHEVROLET CORVETTE Le Mans Commemorative Edition convertible. S/N 1G1YY32G445118416. LeMans Blue/Shale cloth soft top/Shale leather. Odo: 22,057 miles. 5.7-L 350-hp fuel-injected V8, 6-sp. Like-new paint, top, and engine bay. 22,057 miles since new, but less than 50% of tread left on original Goodyear EMTs. More wear and soiling on heel pad and E-brake handle than expected, especially since rest of interior is like new. 6-speed, Z51 suspension, and 12-disc CD are additional options beyond Commemorative Edition package. Sold new by Oliverio Chevrolet/Buick of McDonald, PA, AM/FM/cassette deck and twin gauges fitted beneath glovebox. Equipped with optional 302-ci V8, 4-speed, and a/c. Cond: 3. SOLD AT $7,500. Having a 302 in a Pinto II is about the only way it's really appealing. Scary thing is that the Cobra package was available with any engine—including the wheezy 2.3-L four. When the assigned driver asked for my prediction, I pegged it at $5k, so the consignor should be doing the happy dance. #U49-1982 CHEVROLET CORVETTE coupe. S/N 1G1AY8785C5118097. Fly Yellow/blue leather. Odo: 23,783 miles. 350-ci 205-hp fuel-injected V8, auto. Every single body panel has been either swapped out, modified, or added onto with more fiberglass. Gaps 96 per crumpled and re-flattened original window sticker. Cond: 2-. SOLD AT $29,150. Since I also own a Commemorative Edition with the Performance Handling Package, I can attest that this was the C5's best-kept secret. Even being used to the marshmallow suspension of my 1978 Lincoln, a C5 with Z51 is a very pleasant riding car, yet handles like it is on rails, and doesn't have the added weight of additional electrical components that will just eventually go wonky (like the Magnetic Selective Ride Control). A good deal for both the buyer and the seller, a couple of bids past the $27k reserve. © Sports Car Market

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RM Auctions Cernobbio, ITA Concorso d'Eleganza Villa d'Este This sale's average price was $1.4m—three times the average generally seen during Monterey week, and ten times the average at Rétromobile 2011 Company RM Auctions Date May 21, 2011 Location Cernobbio, Italy Auctioneer Max Girardo Automotive lots sold / offered 24/32 Sales rate 75% Sales total $33,436,750 High sale 1955 Ferrari 375 MM Berlinetta, sold at $4,794,720 Buyer's premium 12%, included in sold prices ($1.00 = €0.70) TZ-1 leading the pack Report and photographs by Jérôme Hardy Market opinions in italics 2007, it was the sale of the $4m McLaren F1. Watching and hearing two Enzos at full throttle on the Fiorano test track stuck with me after the Maranello sale in 2008. And in 2009, it was the unbelievable $12.4m sale price of the 1957 Ferrari 250 Testa Rossa in Maranello. For 2010, it was Max Girardo's seven-hour auction marathon in Monaco—truly a test of endurance. This year's event, held alongside the Concorso R d'Eleganza Villa d'Este, was no exception, with an average price of $1.4m, or a total mid-estimate of $53m for an astonishing low selection of just 32 automobiles. As a point of reference, that's three times the average lot value generally seen during Monterey week, and ten times the average lot value achieved at Rétromobile in 2011. In any market, there is always demand for the best of the best. Classic cars are no exception. As a result, 24 of these exceptional motor cars changed hands in only two hours for a total value of $33.4m, and, once again, with a $1.4m average price for each car. The date, the setting, the partners were all aligned 98 M Auctions' events in Europe always seem to leave lasting impressions on me. At the inaugural London event in Cernobbio, ITA for such results: The highly regarded and exclusive Concorso d'Eleganza Villa d'Este, the gorgeous premises of Villa Erba, and corporate support from BMW all helped to make this event a much richer experience overall than past RM sales. Even the weather was compliant with RM Auctions' ambitions. RM put together a lavish catalog—much more ornate than previous Monterey and Maranello catalogs—with eight pages on average for each lot on offer. Many of the cars at this inaugural auction had been presented already in previous years at Villa d'Este. All 32 cars offered are described in the following pages. One of the highlights was the Bertone concept collection, including the Marzal and the Lancia HF Zero. Both sold well at $2.1m and $1.1m, respectively, although I would have thought the Zero would do better (see profile, p. 66). The cheapest car of the event was the 1978 Lancia Sibilo sold for a comparably low $135,850. The high sale was the 1955 Ferrari 375 MM in touring clothing at $4.8m, followed by the curvaceous 1938 Talbot-Lago T150-C SS Teardrop Coupé at $4.5m. I felt the best buy of the event was the 1931 Minerva 8 AL Convertible Sedan at $751k. Notable no-sales were few, but among them were the 1965 Ford GT40 Works pro- totype roadster at $3m, a 1937 Bugatti Type 57SC Atalante coupe at $3m, and a 1953 Ferrari 250 MM Berlinetta at $3.1m. Exclusivity was paramount for this first-time event, and with that in mind, it was no surprise to see RM achieve such high results here. After all, the best of the best in the classic car market have not suffered the recent economic instability nearly as much as mainstream lesser-priced collectibles—and this event clearly set out to provide nothing but the best consignments. In the end, RM Auctions' motto of “Offering the World's Finest Motor Cars” was exercised to its fullest, and the results achieved reflected that. ♦ Sports Car Market

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RM Auctions Cernobbio, ITA BELGIAN BEST BUY #121-1931 MINERVA 8 AL convertible sedan. S/N 80105. Eng. # 80116. Two-tone green/green fabric/light green fabric. Odo: 7 km. One of only about 50 AL sleeve-valve L8 engine/chassis built by Minerva from 1928 to 1932. Fitted with fantastic Rollston Convertible Sedan coachwork with razor-edge design and amazing detail. Original car restored in 1998 in the U.S. to concours Delivered new to a wealthy widower, with canework, gold plating everywhere, and amazing woodwork in rear compartment. Stunning design with sporty rakish front and carriagelike rear. Nut-and-bolt restored in 2002, R-R Pebble Beach first place in 2003, a trailer queen never on the road since. In same show condi- condition, earned First in Class at Pebble Beach, no deterioration since. Attractive period-correct all-green color combo. This chassis is the best of the best. Cond: 1. SOLD AT $751,173. One of my favorites of the catalog. Sold $150k below low estimate and a true bargain. Beauty, rarity, originality, craftsmanship, technical advancements: Across the board, it was pretty much a five-star car. ENGLISH #128-1915 ROLLS-ROYCE 40/50HP SILVER GHOST limousine. S/N 2BD. Eng. # 11B. Black & gold/black leather. RHD. Odo: 4,999 miles. A gift from the British government to the Du Pont family for providing gunpowder during WWI. As such, money was no object, and this the best that could be built in England at that time, with exquisite details. As often with limousines, the current body is original tion today as in 2003. History known. Cond: 1. SOLD AT $719,208. Sold at low estimate. These cars always beg the same question: What to do with it besides concours and museum displays? A similar Brewster Town Car— albeit on a more modern PII chassis—sold at RM's Monaco sale in 2010 for $1,975,792 (SCM# 162396). A good buy here at less than half the price, although if it is just to impress friends and have fun, a 1930 20/25hp Town Car with cane work was sold by Bonhams at Rétromobile 2011 for as low as $64,270 (SCM# 168828). #131-1938 JAGUAR SS 3½ Liter coupe. S/N 30182. Eng. # M229E. Dark blue/red leather. RHD. Odo: 248 km. One-off five-seat coupe coachwork by Graber on one of 2,500 or so pre-war SS chassis. Attractive Art-Deco design. Completely restored to a high level by RM in 1994 for $270,000, followed by Meadow Brook and Pebble Beach awards, probably the only one with period racing SCCA history. Refreshed some time ago, now with very nice patina all around. Perspex windshield. Engine bay and undercarriage clean and oily. Eight inches of front valance was ripped off between catalog photo and auction. Cond: 3. SOLD AT $958,944. A very rare and original exotic racer with a nice story to tell, and a future entrant at Villa d'Este Concorso or Monterey Historics, or anywhere. A similar car, LML502, fully restored, was sold at Christie's Pebble Beach sale in 2002 for $387,000 (SCM# 29038). Sold at low estimate. #106-1955 BENTLEY R-TYPE Continental coupe. S/N BC9LE. Eng. # BCE9. Black/tan leather. Odo: 77,819 km. The last R-type Bentley Continental of 208, and the last of five coachbuilt by Franay. Alloy coachwork with delicate fins, body exquisite. Not a frame-off restoration, but nonetheless done to very high levels some years ago. Still excellent, but veneer cracked on top of dash. Engine bay spotless. Undercarriage of a driver. Full options include 4.9-L engine, lightweight seats, and auto box. History clear. An ultimate and still on the original chassis and gear. Restored to a high level in the '90s. Very large, airy, luxurious, and slow. A show car. Cond: 2+. NOT SOLD AT $627,880. Fell short of the $750k low estimate by $122k. Asking price may have been on the high side for a chauffeurdriven Brass Era car. Bonhams sold a similar Sedanca at their December 2010 Brooklands sale for $655,271 (SCM# 168188). #104-1929 ROLLS-ROYCE PHANTOM I town car. S/N S390LR. Eng. # 21909. Black & cane/black leather. Odo: 71,327 miles. One of 10 Brewster Town Cars built on R-R chassis. 100 barely on the road since. Still splendid paint, chrome, and gorgeous red interior. Has lost its bumpers. Cond: 1-. NOT SOLD AT $299,670. Sold recently at RM's 2010 Monterey sale for $385k and offered here with 5 kms added for $50k more. Did not work, although I would have to call it a fair shot. Someone failed to make their quick buck here. #123-1954 ASTON MARTIN DB2/4 Arnolt / Bertone Competition Spider. S/N LML507. Eng. # VB6J89. Red/red vinyl. RHD. Odo: 14,460 miles. One of three spiders by American importer Arnolt with Bertone spider coachwork, along with two touring cars, built before the Arnolt/Aston deal ended. Supposedly grand tourer. Cond: 2+. NOT SOLD AT $677,825. A Mulliner R-type in lesser condition sold three months ago for $770k at Gooding's February 2011 Amelia Island sale (SCM# 176317), and this one came up short of its low estimate by $150k. These exceptional automobiles have always been highly praised by collectors, and the owner was right keeping it. It will not lose value with time. FRENCH #115-1935 HISPANO-SUIZA J12 TYPE 68 cabriolet de ville. S/N 13506. Eng. # 321099. Black/red leather. RHD. Odo: 811 km. A partial restoration, based on condition of undercarriage. Some details such as strange mascot and unimpressive dash challenge overall impression of high quality. Still, an imposing car. Was part of the O'Quinn Collection. Cond: 2+. SOLD AT $759,164. The J12 Type 68 was Sports Car Market

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RM Auctions Cernobbio, ITA one of the world's best chassis and engines, and very expensive, too. As such, they usually were graced by sumptuous coachwork. Not so here, as the Saoutchik Cabriolet de Ville is somewhat ungraceful, without a particularly strong sense of style. Sold below low estimate and may be worth investing to bring it up to peak condition. #107-1937 BUGATTI 57SC Atalante coupe. S/N 57551. Eng. # 30S. Two-tone yellow/tan leather. RHD. Odo: 1,687 km. One of 17 original Atalantes on one of 40 S chassis, history known. Upgraded to C specs during nut-and-bolt concours restoration in 1976 for Bill Harrah, won Pebble in 1976, in the same condition today. Not original engine block, nor gearbox. Body remodified multiple times over lifespan. Gorgeous Jean Bugatti style, although (SCM# 42661). It was then a beautiful dark blue car with tan leather and a completely different front end and rear brightwork, fresh out of a nut-and-bolt high level restoration. Then, Atelier Tessier was tapped to put it back to 1938 Paris show condition, and the car was once more completely dismantled and rebuilt to look as it did here—a 3,000-hour process that cost $400,000. It failed to sell, coming shy of the $1.3m low estimate. #127-1938 TALBOT-LAGO T150C SS Teardrop coupe. S/N 90112. Eng. # 85470. Two-tone gray/red leather & carpet. RHD. Odo: 891 km. One of 16 Figoni Teardrops, one of eleven “New York style” second-series cars. Nut-and-bolt restoration by RM to the highest levels in 2009. Never driven since except on red carpets and for Pebble Beach requirements. Triple award-winner in TOP 10 No. 2 $1,347,500 at RM Amelia Island in 2007 (SCM# 44695). Then $400k was spent rebuilding the car, including a complete new nose, brightwork and all, refinished in red. A very good buy compared to similar 49197, sold for $2,431,744 at RM Monte Carlo in 2010 (SCM# 162394). GERMAN TOP 10 No. 6 #116-1937 MERCEDES-BENZ 540K cabriolet. S/N 154081. Eng. # 154081. Midnight blue/blue canvas/cream leather. RHD. Odo: 21,673 miles. One of 83 Cabriolet As, considered the most desirable 540K body style. First owner was a prince of India. Restored nut-and-bolt by RM in 2002 on well preserved original with odo reset to zero. Won Pebble Beach in 2002. Today, the 21,673 lower door would benefit from a less angular treatment. A beautiful automobile. Cond: 1-. NOT SOLD AT $2,996,700. Missed the $4.6m–$6m pre-sale estimate by a wide margin. It also failed to sell at RM's Phoenix sale in 2009 at $4.5m. With the similar Williamson selling for $7.9m three years ago (SCM# 117576) and the derelict Lord Howe for $4.4m in 2009 (SCM# 119703), there may be more to the story of 57551 that I'm not privy to. #119-1938 DELAHAYE TYPE 135MS coupe. S/N 60112. Eng. # 103364. Ivory/red & white leather. RHD. Odo: 1,367 km. Very much like a Jeancart Talbot teardrop design but for the more conventional side window, also by Figoni & Falaschi. Nut-and-bolt restored to highest possible levels by French specialists Tessier, under Figoni supervision based on period documentation, and today as presented by Figoni at the 1938 Paris Auto show. Beautiful in every aspect with the best MS specifications: 3 carbs, Cotal gearbox. A future Ville d'Este and Pebble Beach contender. Cond: 1. NOT SOLD AT $1,184,410. Life is not fair, even when money is no object. The late John O'Quinn acquired 60112 at Bonhams' Quail Lodge sale in Monterey in 2006 for $1,712,000 102 2009 at Pebble and in 2010 at Meadow Brook. Equipped with Wilson 4-speed pre-selector gearbox and open roof. Complete in every detail. Sober-looking in gray. History known and rather clear. Cond: 1. SOLD AT $4,475,072. RM sold #90034 for $4.6m in August at Monterey (SCM# 165601), so for a show-quality Teardrop, this was about the current price. It also made the preserved and unrestored #90120 Pourtout/Paulin look like a real deal at $4.8m in 2008 (SCM# 117446). #118-1939 DELAHAYE 135 MS roadster. S/N 60158. Eng. # 103349. Red/red leather. Odo: 335 km. Figoni & Falaschi roadster on an SWB 135 Delahaye chassis. Sporty looking. Just out of high level nut-and-bolt restoration by French specialist Tessier (same as lot #119). Wavy bumper chrome only TOP 10 No. 7 detractor. Completely redone based on Figoni records. History known. Cond: 1. SOLD AT $1,118,768. Sold at low estimate and, despite the $400k complete rebuild, below its 2007 price. 60158, then dark blue, was nutand-bolt restored in 2000, then sold for $1.1m at Gooding's 2006 Pebble Beach sale (SCM# 42592). Acquired by O'Quinn in 2007 for Sports Car Market miles on the odo proves it's a concours-winner as well as a touring car. Germany at its best. Cond: 1. SOLD AT $1,997,800. Blue-chip car, sold at low estimate, in alignment with recent results for similar cars: a 1937 sold for $2,145,000 at Gooding's 2010 Pebble Beach sale (SCM# 1657760); and a 1936 sold for $2,035,000 at RM's 2008 Phoenix sale (SCM# 48635). TOP 10 No. 9 #129-1957 BMW 507 convertible. S/N 70048. Eng. # 40052. White/blue leather. Odo: 89,888 km. Alloy body looks good. Fully original, never restored but for one respray. Paint and glass OK, chrome

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RM Auctions Cernobbio, ITA redone but wavy, rubber dry. Interior shabby, with cardboard-like blue leather and dirty carpets. Hard and soft tops included, original Becker radio, luggage rack on trunk. Undercarriage salty, engine bay of a driver, on old original nylon tires. History simple and clear. A candidate for preservation class. Cond: 3+. SOLD AT $1,038,856. Commercially unsuccessful when new, only 251 units were built from 1955 to 1959. The cars were very expensive and build quality was not top-notch, making a 1957 300SL roadster the much better choice then. Sold $200k above high estimate today, a testament to the market's ravenous demand for original cars, which I believe is a long-term trend. RM sold a mint 507 three years ago for $893k. A safe buy. ITALIAN #114-1953 FERRARI 250 MM coupe. S/N 0352MM. Eng. # 0239EU. Red/brown leather. RHD. Odo: 609 km. One of 18 berlinetta coupes out of 31 250 MMs built. History known. Raced by privateer Echeverria, finished 7th in 1953 Panamericana in today's livery. Restored multiple times, most recently in late 1990s to highest levels in period racing style with modern harness. Presented at Pebble Many styling cues of what would define the Pinin Farina Ferrari style. History fully known. Restored in 2002 to current high level and a worldwide concours winner. Today, a 375 wolf in sheep's white-and-blue clothing, ready for just about anything. Cond: 1. SOLD AT $4,794,720. The market-correct high sale of the event. Price was in line with the $4.6m paid for chassis 0416AM, the similar but less stunning white 1954 375 MM sold by RM at Monterey in 2010 (SCM# 165600). TOP 10 No. 3 #132-1957 FERRARI 500 TRC racer. S/N 0670MDTR. Eng. # 0670MDTR. Red & yellow/red leather. RHD. One of 19 TRCs built 1957, history known. Used heavily in period Italian races, including five Targa Florios, and many times afterwards in historic racing. Fully restored in 2003 in the U.S. for about $500k and has been shown at Cavallino. A beautiful, powerful (albeit difficult to control, as I was told), historically important Ferrari racer. Cond: 1-. SOLD AT above the $2.85m high estimate, suggesting that the time and money spent on the dash bulbs was worth it. Sometimes, quality pays tenfold. RM failed to sell the car, in slightly less perfect order, in March 2009 at Amelia Island with a high bid of $1.9m (SCM# 119840). I am quite sure the owner had another 250 Cal just for driving. I hope the new owner also has one. #102-1962 ALFA ROMEO GIULIETTA SPRINT Zagato Coda Tronca coupe. S/N AR1012600184. Red/black vinyl. Odo: 4,035 km. One of about 200 Sprint Zagatos and only 30 built in Coda Tronca form. No racing history known. Restored in 1989 in the Netherlands with replacement of panels and a rebuilt correct-type race-prepped engine. Roll bar, modern harness, nice racy interior with metal dash. Hillclimbed in 2006. Engine re-rebuilt in 2009. Beach in 2002, gently raced in Monterey historics in 2004. Still immaculate today, in and out. Concours and race ready. Cond: 1. NOT SOLD AT $3,068,050. I saw this driven in Cernobbio by an RM crew member from exhibit to truck, and gosh it pushed hard. What a sound. Missed low estimate by $500k. RM sold a similar chassis and body with a 340 and more significant racing history for $5.7m in 2007 (SCM# 45354). Worth the low estimate; seller was correct to wait. TOP 10 No. 1 #120-1955 FERRARI 375 MM coupe. S/N 0490AM. Eng. # 0490AM. Ivory & blue/tan leather. RHD. Odo: 24,011 km. Last of ten 375 MM berlinettas. Most were racers; this one was the 1955 Turin Auto show car and touring car, therefore high on originality. $3,995,600. Last sold in 2006 at RM Monterey for $2,285,500 (SCM# 42568). Then, a no-sale at Gooding's 2008 Pebble Beach sale at $3,200,000, with race numbers painted on (SCM# 117595). My report at that time read, “A $800k gain in two years looks OK to me, but the current owner may be right in waiting for an even better return.” How about a $1.7m gain in 5 years? I wish the same good luck to the new owner. See the profile on p. 54. TOP 10 No. 4 #122-1959 FERRARI 250 GT LWB California Spyder. S/N 1307GT. Eng. # 1307GT. Dark blue/silver hard top/black leather. Odo: 9,072 km. 23rd of 50 LWB Cal Spyders built in 1959. Clear history, a rich-boy car all its life, today the epitome of “trailer queen.” Restored to highest possible levels, down to gauge lights matched to develop the exact same brilliance. Undercarriage like silverware, engine bay sterile. A car not to be driven, not to be touched, just to be looked at. Cond: 1. SOLD AT $3,596,040. Sold $700k Today a ready-to-enjoy wind cheating alloy Zagato in perfect aesthetic and running order. Cond: 2. NOT SOLD AT $367,453. This missed the low estimate by just $4,000. Here is the bottom of pricing for a real race machine TZ, while the SZ is more of an upgraded Guilietta. The car was on Fantasy Junction website not long ago with 255 fewer km. Should definitively have sold. #111-1963 CHEVROLET TESTUDO Bertone concept coupe. S/N 20927W207657. White/black leather. Odo: 1,442 miles. Said to be the first project from Giugiaro, freshly hired by Bertone at age 25. Giugiaro received Car Designer of the Century award in 1999. “Turtle” nickname not inappropriate, car did not make production in any form. Fully restored in 1990s after being stored wrecked for 20 years, it made Pebble Beach in 2006. Today presents as mint, inside and out. Cond: 1-. SOLD AT $479,472. Even though it did not lead to a production car, elements of the Testudo were still obviously seized upon and influential. Sold well below the low estimate for a reason that I do not understand. Very well bought. See Collecting Thoughts p. 64. 104 Sports Car Market

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RM Auctions Cernobbio, ITA #103-1963 FERRARI 250 GT/L Lusso coupe. S/N 5191GT. Eng. # 5191GT. Red/brown leather. Odo: 96,165 km. One of 350. Restored to good standard some years ago, then used. Good panel fit and paint, chrome still excellent, Rosso Corsa looks a little light. Not perfect anymore, with dirty carpets, dash stitches missing, and other minor blemishes. Engine bay and undercarriage clean. History documented. A very nice touring car. Cond: 2+. SOLD AT $719,208. Here we are, back to 2008 levels. The challenge here is that using the car will slowly take the restoration off, while making it concours will just put you underwater at this price. New owner better drive it. #126-1964 ALFA ROMEO TZ-1 coupe. S/N 750006. Red/fabric. Odo: 13,881 km. Said to be a real TZ-1, with history known from day one. Extensively successfully raced in A-class races in the early years, retired in 1968. Completely rebuilt with new alloy skin in 2000 in the Netherlands back to 1964 Le Mans livery, and thoroughly raced again, in particular at the Le Mans Classic in 2010. Also took first in class at the Le Mans Classic Heritage Concours. Good paint, Perspex hazed and scratched. without reserve. Cond: 2+. SOLD AT $279,692. With its spaciousness, Colombo V12, rear mounted 5-speed, all-independent suspension, and 4 discs, the 330 GTC has always been in the shadow of its similar spec, more numerous contemporary, the 275 GTB, selling for about third of the price. A little bit expensive, but no harm done. TOP 10 No. 10 #130-1967 FERRARI 275 GTB/4 coupe. S/N 09495. Eng. # 09495. Red/brown leather. Odo: 4,301 km. One of 330 GTB/4s built. History clear but without celebrity. Many hues over the years, but nutand-bolt restored to highest levels and correctness after 2005 in Italy. Barely driven since. Too bad about the a/c retrofit, although very the Marzal when launched in 1967, as it was highly publicized. More of a prototype than pure concept, this usable, one-of-a-kind sculpture sold mid-estimate. Well bought. See Collecting Thoughts p. 64. #124-1968 BIZZARRINI 5300 GT STRADA coupe. S/N 1A30314. Eng. # 1298V0423W. Green/tan leather. Odo: 3,175 km. One of very last alloy-bodied Stradas. Nutand-bolt restored in Italy to high levels in 2000, still close to perfect inside and out. Strange green color. Undercarriage shows some road use. An Italian-designed racing car for the road, powered by 327-ci Corvette engine, which is potent, flexible, and reliable. Retrofitted with a/c. A candidate for any concours. Cond: 1-. SOLD AT $570,800. What you lose in public recognition compared with a Ferrari or Lambo is gained in exclusivity and a story to tell to connoisseurs. A market-correct price, but still expensive to my eye for what remains an impractical (even with a/c), less brilliantly styled touring car, as you can buy two gorgeous Ferrari 512 BBs for this money. Well sold. TOP 10 No. 8 well done. (You should be sweating if you're driving a 275 GTB/4.) Matching numbers. Set of alloys included. Nice color combo. Cond: 1. SOLD AT $963,225. The ultimate classic touring Ferrari. Sold in a post-block transaction $50k under the low estimate. 275 GTBs are back to 2008 levels, making this a market-correct price. TOP 10 No. 5 Interior shabby with tired seats of mismatched fabrics. A real efficient race car in race car condition, ready to go. Cond: 3. SOLD AT $895,014. With far more TZs on the track today than the mere 113 built from 1963 to 1965, authenticity is key. 750006 went through all the loops in Italy to get its Alfa-Romeo Certificazione di Authentica. So assuming this is the real thing, the above-high estimate price paid was fine. #101-1966 FERRARI 330 GTC coupe. S/N 09111. Eng. # 09111. Red/cream leather. Odo: 96,165 km. Said to be one of 600 GTCs built. Originally gray and sold in Italy. Repainted in red in 1980s to then-correct standards, has softly aged since. Matching-number engine rebuilt in 2005. Engine bay and undercarriage clean. Today a very sharp red 330 GTC ready to be enjoyed on the road. Offered 106 tionary here. Too bad it's not road-legal. Cond: 2. SOLD AT $2,157,624. I remember vividly Fully restored by Bertone in 2000 and now presents as perfect throughout, save for drivergrade engine bay. Cond: 1-. SOLD AT $1,086,803. I saw the car driven along the streets of Cernobbio on its way to the trailer. Amazing. Just like lot 112, a piece of art in immaculate condition that's absolutely drivable (if not legally). Well bought at $335k under the $1.42m low estimate. See the profile on p. 60. Sports Car Market #112-1967 LAMBORGHINI MARZAL Bertone concept coupe. S/N 10001. Eng. # 50001. White/silver vinyl. Odo: 474 km. A great, fully drivable concept car, which gave birth to the Espada, although engine had to move up front, and gullwing glass doors were let go. Excellent condition. Odo shows 474 kms, while trip meter mysteriously shows 522. Abundant use of glass is common these days, but was revolu- #113-1970 LANCIA STRATOS HF Zero concept coupe. S/N C1160. Bronze/black leather. Odo: 43,210 km. A fully functional mid-engined supercar, 33 inches at highest point, driver lies just behind front axle. Designed, at least partly, in pursuit of lowest possible height for a drivable, closed automobile. Steering wheel pivots to allow entrance and exit through windshield. Packed with a ton of new ideas, some of which made it to production, such as LED-like rear taillights.

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RM Auctions Cernobbio, ITA Bertone concept #110-1974 LAMBORGHINI BRAVO coupe. S/N NS4601. White/black Alcantara. Color-changed twice, most recently as part of a recent “light overhaul.” May or may not have been subjected to 70k km of testing, but steering wheel and gear change grille do show plenty of wear. In generally good condition inside and out. Did not lead #109-1980 LAMBORGHINI ATHON Bertone concept convertible. S/N S15501. Gray/brown leather. An utterly '80s razor-edge spider built on a Lambo Silhouette platform that did not spawn any production car, nor any new ideas, per say. In original very good condition and with good workmanship in and out. to a period-correct more appropriate 4-door sedan V16 chassis. Today in mint condition. Cond: 1. SOLD AT $438,803. Gooding sold the car at Pebble Beach in 2007 for $462,000 (SCM# 47106), so somewhat of a bargain today at the low estimate. With the market being big on originality, the chassis change probably hurt value. A Murphy all-weather sold in 2007 for $1,056,000 (SCM# 45556). Overall, well bought. #105-1938 CADILLAC SERIES 90 Town to a production car. Cond: 2. SOLD AT $839,076. As with lot #109, not drivable and only debatably beautiful. But it sold for three times the middle estimate, so someone obviously felt differently than I did. And that's the nature of a “market price” for something truly unique. See Collecting Thoughts p. 64. #108-1978 LANCIA SIBILO Bertone concept coupe. S/N S12201. Maroon/maroon leather. Gandini design of then-vogue wedge shape, based on mechanical layout of a Lancia Stratos. Did not give birth to anything in production. The least interesting of the Bertone concept cars offered here, and not particularly graceful in this maroon hue. Has been re- Museum-ready. Cond: 1-. SOLD AT $495,454. Sold for twice the mid-estimate. Not “beautiful” by any conventional standard, nor particularly revolutionary, nor linked Car. S/N 5270310. Black/black leather. Odo: 62,474 km. One of only ten town cars by Fleetwood on a V16 chassis. Mostly original, paint redone recently to good level with new vinyl top. Nick on trunk, chrome OK. Original dash OK with a few broken buttons, rear seat fabric has old car smell. Engine bay and undercarriage of a driver. A decent Town Car in no- to any production car, nor drivable on an open road, nor on a circuit. As comparison with anything else is difficult, what it is worth is exactly what the high bidder was willing to spend. Well bought and well sold, for a pure museum piece. See Collecting Thoughts p. 64. AMERICAN #125-1930 CADILLAC V16 convertible sedan. S/N 700979. Eng. # 700979. Two-tone blue/blue canvas/tan fabric. Odo: 55,365 km. One of about 4,000 V16 chassis built from 1930 to 1940. Rare European custom Convertible Sedan coachwork with smart integrated sunroofs front and rear. Originally built by Saoutchik on a factory roadster, the cheapest way to buy a V16 chassis then. Nut-and-bolt rebuilt in late '80s with body and engine moved sprayed “a couple” times, otherwise original. Mechanically kept up. Cond: 2. SOLD AT $135,850. Offered at no reserve, and sold at top estimate. Even if it wasn't my favorite of the collection, the Sibilo is still an outrageous design statement. For a museum piece that's still mechanically viable, fairly bought and sold. See Collecting Thoughts p. 64. show condition. History known, formerly owned by the Vatican and in Bulgari and O'Quinn Collections. Cond: 2-. SOLD AT $191,789. Bought by O'Quinn for $270,000 at the Kruse auction in Auburn 2005 (SCM# 42934), and a much better buy this time. Interesting history and lots of presence for the money, if not a concours contender. #117-1965 FORD GT40 Works prototype racer. S/N GT111. Green/dark blue nylon. Odo: 3 miles. Complete car rebuilt from scratch on bare chassis to exact period specifications, reportedly, after GT111, one of four true Works prototypes, was raced once at Targa Florio in 1965 and crashed. (Parts re-used elsewhere, chassis disappeared for forty years, appearing in England in 2006, with chassis plaque no longer riveted to chassis.) Now a superb GT40, as-new, in perfect running order. Cond: 1. NOT SOLD AT $2,996,700. Bid short of the estimate by $500k. This story once again illustrates the challenging concept of “authenticity” for some collector cars, and race cars in particular. The more complicated the explanation, the more complicated the pricing. © 108 Sports Car Market

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Auctions America by RM Auburn, IN Auburn Spring 2011 There was an eclectic range of consignments offered at this first spring sale, including one of twelve original GM Futurliner Parade of Progress vehicles Company Auctions America by RM Date May 12–15, 2011 Location Auburn, IN Auctioneer Brent Earlywine Automotive lots sold / offered 244/424 Sales rate 58% Sales total $6,724,835 High sale 1932 Duesenberg Model J Sedan, sold at $404,250 1965 Shelby GT350—$247,500 Report and photos by Kevin Coakley Market opinions in italics T his year's Auburn spring auction opened with Auction America's president Donnie Gould welcoming the crowd to the newly reborn Auburn Auction Park. RM ac- quired the facility less than a year ago in the wake of the Kruse International meltdown, and the company immediately poured $1.5m into the facility, addressing several maintenance and infrastructure issues as well as sprucing it up with 3,000 gallons of interior and exterior paint and 250,000 square feet of pavement. Following 60 days of the deal clos- ing and many hours of intensive labor, Auctions America held their first event in Ft. Lauderdale, FL, in early March, where 47% of the 878 consignments sold for a total in excess of $13m. Along with the kick-off of the venue, RM also launched their Auctions America brand with sights firmly set on the middle market segment, leaving RM to handle high-end catalog events. Saturday morning at the Auburn sale opened in the main hall with a panel discussion. Participants included baseball Hall of Famer Reggie Jackson, Wayne Carini from HD Network's “Chasing Classic Cars” and automotive archeologist Joe Bortz, all discussing how they were drawn into the hobby at an early age and where they see it going in the future. Auctions America also used this venue to roll out their vintage motorcycle division, led by Glenn Bator, who was on hand all weekend displaying several interesting vintage motorcycles and 110 Auburn, IN promoting the upcoming inaugural event to be held in conjunction with the Auburn Fall Collector Car Auction in September. There was an eclectic range of consignments offered at this first spring sale, including one of twelve original GM Futurliner Parade of Progress vehicles. It was a no-sale with a high bid of $340,000. Considering the cost of transportation and how much restoration work is needed, someone with some deep pockets and a love of projects will need to step up to take it on. Reggie Jackson also brought some cars to sell, offering a 24-hour full- money-back guarantee from the podium if new owners didn't find the cars to be 100% as advertised. Two of Mr. October's three consignments sold, including a very nice 1965 Pontiac GTO, which made $67,100, and a 1965 Shelby Mustang that sold at $247,500. The third, a very clean 1968 Chevy C10 pickup with just 25,000 original miles, was bid to $19,000 but was unsold. High sale of the weekend was a nicely done 1932 Duesenberg Model J Sedan, which seemed like a steal at $404,250. But with these cars, the devil is in the details, and this one was advertised with “sedan coachwork in the style of Derham,” (probably indicating that it was a rebody of unknown origin) which I think held it back from its true market potential. All things considered and some rough weather notwithstanding, Auctions America should be pleased with this year's $6.7m end result, as it was slightly higher than what Kruse International was able to achieve here in both 2006 and 2007. But there is still room to grow, and Auctions America is committed to backing this sale with the resources required to make it one of the “go to” collector car destinations in the future. ♦ Sales Totals $2 $4 $6 $8 2011 2007 2006 2005 Buyer's premium 10%, included in sold prices Sports Car Market Kruse Kruse Kruse AA

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Auctions America by RM Auburn, IN GERMAN #387-1962 MERCEDES-BENZ 190SL convertible. S/N 12104010024274. White/black cloth/red & white leather. Odo: 13,974 km. Nice paint with some minor touchups. Good chrome and stainless trim, although hubcaps are pretty banged up. Too much shine on tires. Presentable engine bay. Delaminating Offenhauser 8:1 aluminum heads, intake and race cam. Columbia overdrive rear axle (4.11– 2.73). Wheel Vintiques steel wheels with U.S. steps pitted. Front fender welting coming out, vent glass starting to delaminate. Equipped with Cadillac 500-ci engine, Ford 9-inch rear end, and 4-wheel power disc brakes. JC Whitney hood port holes don't help the presentation. Cond: 3. NOT SOLD AT $19,500. Falling short of the optimistic pre-bid estimate of $30k, this was a good example of a project only a mother could love. I'm sure the money offered was nowhere near the investment, but even so, I'd call it generous. Good luck trying to match it. #686-1952 HUDSON WASP convertible. windshield. Interior very nice with fresh leather, gauge glass fogged in dash. Cond: 3+. SOLD AT $47,300. Kind of a Plain Jane offering, but it came with both the soft and hard tops. You'd have to go a long way to beat this deal. Lots of upside here. #315-1967 VOLKSWAGEN TRANSPORTER microbus. S/N 237098408. Green & white/green & white vinyl. Odo: 43,099 miles. Minor paint blisters on engine hatch, scratches and touch-ups on rain gutter where luggage rack was originally mounted. Green overspray in door jambs, some delamination and scratches in glass. Top-mounted luggage rack, trim in good condition, Spartan interior is very clean and hemp floor mats are a Royal wide whitewalls. Cond: 2+. SOLD AT $41,250. Selling well below the low estimate of $70k, this was one of the nicest hot rods I'd seen in a while. I must admit I'm not a fan of flames in general, especially when the theme is carried into the driving compartment. But if you wanted a proper hot rod roadster, this was a screaming deal. #457-1940 GM FUTURLINER bus. S/N ADF859017. Red & white. MHD. Many dents, holes, patches, touch-ups, etc. Includes most of its original trim. New plexiglas windshield, new wide whites on freshly painted rims. Doesn't currently run. Cond: 5. NOT SOLD AT $340,000. One of twelve Futurliners campaigned by GM from 1940 to 1956 for the $55,000. There aren't a whole lot of these out there to compare to this one. The auction guide write-up claimed past ownership by Steve McQueen and an appearance on the “Laverne & Shirley” show in 1974, and not much else. I thought it was a very sharp car and it sold right at the low estimate of $55k. Well bought. nice touch. Right windshield wiper mounted way too low and sits off the glass when parked. Cond: 3+. NOT SOLD AT $25,000. What, no surfboard? This was a very nicely presented bus with an attractive color combination. But, as this wasn't one of the 21-window examples we've been seeing sell for high prices these days, the high bid should have gotten the deal done. AMERICAN #432-1932 FORD HIBOY custom road- ster. S/N 18130722. Black & orange flames/black cloth/black leather. Odo: 3,605 miles. 276-ci V8, 3x1-bbl, 3-sp. Beautiful paint job, nice panel and door fit. Flathead fitted with 112 “Parade of Progress” traveling show previewing the latest designs and technology. Said to be the best of five previously owned by automotive archeologist Joe Bortz, who sold this to its current owner. Yes, a restored version of this Futurliner sold at B-J Scottsdale for $4.3 million in 2006 (SCM# 40076). How much does it cost to get into this club? Apparently more than $340k, and that is just the start. But you'll be in some pretty exclusive company. #440-1948 WILLYS JEEPSTER Custom convertible. S/N GPA2641. Red & black/black cloth/red vinyl. Odo: 2,207 miles. 500-ci V8, 4-bbl, auto. Good paint shows minor chips here and there. Chrome and stainless OK, fender lenses cracked and cloudy. Interior chrome trim rough, cat whiskers popping out, aftermarket AM/FM cassette deck mounted under dash. Grungy engine bay with aftermarket battery. Cond: 3-. SOLD AT $38,500. The hard parts of this car were already done, and it really wouldn't take too much money and elbow grease to bring it up a couple notches, increasing the value exponentially. Looked like a fair sale both ways. Sports Car Market vertible. S/N 7C5015697. Seminole Red & white/white Chrome stainless pitted and miles. 322-ci V8, 4-bbl, auto. Driver-grade paint. #460-1956 BUICK ROADMASTER concloth/red leather. Odo: 89,485 and scratched, glass scratched and delaminated. Horrible door fit, otherwise gaps OK. Signal S/N 5B189245. Dark gray & black/black cloth/gray vinyl. Odo: 95,811 miles. 262-ci I6, 1-bbl, 3-sp. Beautiful two-tone gray over black paint. Left door out at bottom. Exterior visor a nice addition. Very good chrome and stainless trim, nice engine bay could use a good wipe down. Appealing Art Deco dash; minor cracks in steering wheel are the only issues inside a very nice interior. Cond: 2+. SOLD AT

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Auctions America by RM Auburn, IN #477-1957 CADILLAC ELDORADO Biarritz convertible. S/N 5762091681. Dakota Red/red & white leather. Odo: 74,248 miles. 365-ci V8, 2x4-bbl, auto. Paint very nice, trunk fit tight at right front edge. Chrome and stainless (and there's a lot of it) show very well with some minor pitting and scratches. filthy, interior doesn't look much better than the exterior. Cond: 5. SOLD AT $35,750. I Equipped with fiberglass parade boot. Nothing to fault in beautiful interior. Cond: 2-. NOT SOLD AT $74,000. Last appears in SCM database as a $41k no-sale at the eBay/Kruse sale in Scottsdale, January 2002 (SCM# 25434). No serious real interest in the room today. These regularly trade over $100k on their worst days, so I can't blame the owner for hanging on to this one. #462-1957 CADILLAC ELDORADO Brougham 4-dr hard top. S/N 5770080170. Bahama Blue/stainless steel/dark blue & white leather. Odo: 75,117 miles. 365-ci V8, 2x4-bbl, auto. Heavy pitting of all pot metal bits inside and out (and there are a lot of them). Bumpers need to be rechromed, all stainless needs straightening and polishing. Paint cracked, chipped, scratched, and crazed. Engine bay happened to be reading the “Comments With Your Renewal” section of the June 2011 edition of SCM this week, and I came across a comment requesting more “fright pig” coverage. Well Mr. David Paynter of Larksburg, CA, how's this for keeping it real? This seemed like a lot of money for one heck of a project. Well sold. Brougham 4-dr sedan. S/N 58PO32419. Sable leather. #475-1958 CADILLAC ELDORADO Black/stainless/white Odo: 75,451 miles. 365-ci V8, 4-bbl, auto. Good driver-quality paint. Chrome and stainless exhibit minor scratching, pitting, and crazing throughout, stainless top needs a good polish. Windshield wiper scratches and delamination. Interior very nice with unblemished dash pad. Grungy engine bay. Equipped with a/c, power steering, power brakes, and memory seat. Cond: 3. SOLD AT $71,500. Coming in just over the low estimate of $70k, this looked like a Delco battery. Continental kit. Weatherstrips a little rough. Excellent interior with very desirable tissue dispenser. Cond: 2-. NOT SOLD AT $29,000. Convertible versions have been trading pretty regularly north of $100k, but the lackluster lump under the hood is going to hold this one back. I agree $29k wasn't enough; somewhere in the $40k range would seem right to me. #517-1960 CHRYSLER CROWN IMPERIAL convertible. S/N 9204111678. Reliant Red/white cloth/white & black leather. Odo: 61,700 miles. 413-ci V8, 4-bbl, auto. Beautiful paint, good panel gaps all around. Shiny bits as new. Engine bay nicely detailed and original-looking, aside from NAPA battery. Rear bumper mounted low on the right side. Interior just needs a good cleaning. Convertible much better deal than lot 462, the '57 Eldorado Brougham four-door which sold for half as much. Really good examples have pulled in excess of $100k, although not lately. No harm done here. #393-1958 CHEVROLET IMPALA 2-dr hard top. S/N F58F168995. Cashmere Blue & white/tri-color blue cloth. Odo: 17,050 miles. 283-ci V8, 2-bbl, auto. Good paint, nice panel fit. Driver-quality chrome and stainless. Minor scratching in glass. Clean engine bay, although some parts look a little too glossy. Modern top rub wear on windshield surround. Cond: 2+. SOLD AT $82,500. Biggest fins ever, great color combination, and owned by Hollywood movie star Jack Palance until his passing in 2006. Restoration by the consignor was com- 114 Sports Car Market

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Auctions America by RM Auburn, IN pleted in 2007. It fell short of the pre-sale estimate by almost $20k, so I'd call the price paid a screaming deal. hard top. S/N 9214107790. Butternut Yellow/gold #104-1961 CHRYSLER IMPERIAL 4-dr leather & cloth. Odo: 54,305 miles. 413-ci V8, 4-bbl, auto. Chrome trim pitted, stainless needs cleaning and polishing. Paint chipped, scratched, and touched up all over. Dent in right front door, rust through at left front wheel arch. Filthy engine bay. Interior estimate, this really nice presentation could have easily made a #2 condition rating with some new glass gaskets, glass polishing, and an engine detail. The new owner should realize some solid upside with minimal expense. #481-1965 PONTIAC GTO 2-dr hard bright, but driver's side of the seat is worn to threads. Cond: 4-. SOLD AT $6,600. As it sat, this wasn't a 10 footer, this was a 30 footer— even at night. Tack $70k for a decent restoration and you're upside down in a hurry. But you could drive it as a preservation piece—at this price, there's no harm in that. #422-1961 OLDSMOBILE STARFIRE convertible. S/N 616M03333. Provincial White/red cloth/red vinyl. Odo: 43,250 miles. 394-ci V8, 4-bbl, auto. Good paint and gaps. Right door closes hard and glass rattles in both doors. Nice chrome, stainless and anodized aluminum could use some attention. Serviceable engine bay, with engine dress up and period-looking battery. Clean, nicely optioned interior, with some pitting on horn ring. carriage with new stainless steel dual exhaust, Hurst mag rims with Redlines. Nicely detailed engine bay, good weatherstrip felt and rubber all around, pristine interior. Cond: 2+. SOLD AT $67,100. One of the consignments from the Reggie Jackson Collection, offered with a 24hour money-back guarantee. Strong money for a '65 GTO, but when you factor in the condition of the car, the Tiger package, and past owner provenance, I'd call it well bought and sold. Cond: 3. SOLD AT $34,100. Described as being restored “many years ago,” this was actually holding up pretty well. The issues noted above can all be taken care of pretty easily—all it's going to take is time and money. This is not a car your going to run into at many car shows, and it's both interesting and attractive. A fair deal both ways. #419-1964 CHEVROLET CORVETTE coupe. S/N 40837S115949. Burgundy/black leather. Odo: 44,793 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Superb paint over good prep, not sure of color authenticity. Claimed to have new suspension bushings, bearings, and ball joints. Minor sanding marks in glass. Glass gaskets cracking. Slightly grungy engine bay. Nice interior with new carpet, radio delete. Cond: 3+. SOLD AT $37,400. Coming in just above mid- 116 Sports Car Market #480-1965 SHELBY GT350 fastback. S/N SFM5S129. White & blue/black vinyl. Odo: 86,806 miles. 289-ci V8, 4-bbl, 4-sp. Left door handle doesn't work, trunk and hood fit way off. Clutch pedal missing pad, small tear on passenger's seat. Engine bay in OK driver condition. Fitted with dash pod-mounted tach. Cond: 3. SOLD AT $247,500. This was not top. S/N CE1488S215655. Tiger Gold/black vinyl/black vinyl. Odo: 23,275 miles. 389-ci V8, 3x2-bbl, 4-sp. Nice straight chrome and stainless trim, minor paint chipping on tail trim piece. Large gap under rocker panel trim where fenders meet the body (not uncommon for these cars). Nice vinyl top. Above-average paint, clear glass, T-3 headlights. Clean under- perfect, but it's a Shelby GT350 and it was owned by Mr. October, Reggie Jackson. Chalk this one up in the well sold column; similar cars have been trading for $50k less. #337-1965 SHELBY GT350 replica fast- back. S/N 5R09A168521. White & blue/black vinyl. Odo: 2,389 miles. 289-ci V8, 4-bbl, 4-sp. Paint on hood doesn't match body. Some cracking above back window. Big gaps between headlight surrounds and fenders, passenger's door drops when opened. OK chrome and stainless trim, American Racing TorqThrust rims. Grungy engine bay fitted with aluminum Edelbrock Performer cylinder heads and Demon carburetor. Nice plain interior fitted with Stewart Warner gauges. Cond: 3. SOLD AT $27,775. This one came in $3k short of the low estimate. Overall not a bad presentation; from 20 feet it looked like the real thing, and considering what real ones go for in this market, this was a bargain. #525-1967 CHEVROLET CORVETTE convertible. S/N 194677S122787. Rally Red/black cloth/red vinyl. Odo: 75,279 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Doors drop when opened, glass rattles in doors. Good chrome and stainless, weatherstripping pretty much shot. New carpet, interior otherwise ac- ceptable, with wear commensurate with age. Steering column needs new bearings. Decent engine bay. Cond: 3. NOT SOLD AT $45,000. No documentation on an average Corvette. For a base-engined ‘67 in need of attention, $45k should have gotten the deal done. #404-1967 CHEVROLET CORVETTE convertible. S/N 194677S118550. Rally

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Auctions America by RM Auburn, IN Red/white cloth/black & white leather. Odo: 37,261 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Nice paint over good prep work. Redlines, sidepipes, clean engine bay. Nice interior, although seats are a little grungy. Cond: 2. SOLD AT $67,100. Wow, this one's making the rounds, lets see: sold by Mecum at $55,000, Kansas City, March 2009 (SCM# 120052); not sold at $40,000 at the Branson auction in Missouri, September 2009 (SCM# 142919); sold by Mecum in Kansas City again at $56,710, December 2009 (SCM# 153269); and not sold by Collector Car Productions at $54,868, Toronto, April 2010 (SCM# 160423). Well sold, and coming to an auction near you. #520-1967 CHEVROLET CORVETTE convertible. S/N 194677S103874. Tuxedo Black/black vinyl. Odo: 35,524 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Decent paint and body, right door closes hard. Driver quality chrome and stainless. Clean engine bay. Nice interior. The whole car would benefit from a good de- car, for better or worse, was about the top of the heap in 1982, and this one was still holding up pretty well. All things considered, a fair price for a nice car. #669-2008 TESLA Signature Series road- ster. S/N 5YJRE11B381000034. Black/black cloth/black & tan leather. Micro scratches in paint, good gaps all around. Faded windshield surround, nothing to fault inside. An as-new tail. Sits high in the back, which suggests a new spring was fitted sometime recently. Fitted with Redline tires and side exhaust. Cond: 3+. SOLD AT $59,400. This car beat its low estimate by $4k, and I'd call it strong money for a ho-hum presentation. Well sold. #482-1968 CHEVROLET C10 pickup. S/N CE1488S215655. Yellow & white/black vinyl. Odo: 25,768 miles. Nice paint and panel fit, pretty much what you'd expect for a truck. Good trim, clear glass. Doesn't look too far re- Tesla, ready to silently tear up the road. Cond: 3. SOLD AT $73,000. Advertised with previous Leonardo DiCaprio ownership, it was actually just titled to his production company. This Lotus based hybrid with 0-60 numbers under 4 seconds and fuel economy equal to 120 mpg was a bit of a bargain coming in under the low estimate of $85k—but there was no mention of the $3,500 charging station. #541-2000 CHEVROLET CORVETTE coupe. S/N 1G1YY22G2Y5110900. Yellow & white/black leather. Odo: 8,900 miles. 5.7-L 350-hp fuel-injected V8, auto. Never titled, used as pace car at Rolex 24 Hours of Daytona. Flashing light electronics take up much of storage behind seat. Good panel fit, loud stick-on moved from the showroom floor. Cond: 2+. NOT SOLD AT $19,000. Coming just short of the $22k low estimate, this could reasonably have sold. While it was very nice with low mileage, just slightly lesser examples can be had for $4k-$5k less all day long. #177-1982 CHEVROLET CORVETTE coupe. S/N 1G1AY8788C5105764. Park Gray/mirrored glass t-tops/dark gray leather. Odo: 29,500 miles. 350-ci 200-hp fuel-injected V8, 4-sp. Good body gaps, nice paint with some minor touch-ups. Wheels could stand a polishing. Acceptable interior, carpet inserts separating from door panels. Driver-quality engine bay. Cond: 3. SOLD AT $12,650. This August 2011 graphics, clean engine bay with NAPA battery. Decent interior. Cond: 3. SOLD AT $32,175. Bid to a no-sale price of $32,500 at Auctions America's Fort Lauderdale sale in April 2011, then a $21k no-sale at Auctions America by RM's Carlisle sale the same month (SCM# 177783). Price paid here seems like the current market. © 117

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The Worldwide Group Seabrook, TX The Houston Classic A 1970 Chevrolet Chevelle SS 454 LS6 from the Phil Silva Collection was the top selling car of the event, finding new ownership at $236,500 Company Worldwide Auctioneers Date April 30, 2011 Location Seabrook, TX Auctioneer Rod Egan Automotive lots sold / offered 95/125 Sales rate 76% Sales total $4,957,300 High sale 1970 Chevrolet Chevelle SS 454 LS6 convertible, sold at $236,500 Buyer's premium 1934 Bentley 3 1/2 Liter drophead coupe—$143,000 Report and photos by Carl Bomstead Market opinions in italics H ouston Classic Auction has for many years been held in conjunction with the Keels & Wheels Concours d'Elegance. It is held at the Lakewood Yacht Club in Seabrook, TX, and the spectacular lakefront setting is located on Clear Lake just south of Houston. The famed NASA Johnson Space Center facility is located just a few miles to the west. Worldwide presented an interesting array of 125 collector cars and wooden boats at this year's event. Six stellar muscle cars from the collection of Phil Silva were offered, and of the group, three found new homes. This included a 1970 Chevrolet Chevelle SS 454 LS6 convertible, which was the top-selling car of the event at $236,500. Silva did turn down an offer of $1,400,000 for his NHRA National record-holding 1970 Plymouth Hemi ‘Cuda convertible, which was one of three documented to have been produced in triple black. But it was announced that the engine had been replaced with a period-correct restamped date code block, which many feel has an adverse effect on a muscle car's value. Five very desirable ‘50s Cadillac convertibles were offered, including the 2010 Cadillac-LaSalle Club Grand National Best of Show winner, a 1958 Eldorado Biarritz convertible. It, unfortunately, failed to sell when bid to $180,000. Worldwide has had recent success with highend late ‘50s Cadillacs, having sold a couple of '57s for 118 a great deal more than was offered here, so the seller was justified in not accepting the offer. One of the two '54 Eldorado convertibles offered did find a new home when bid to $110,000, but the other, which was lacking a bit in the condition department, failed to sell at $85,000. The most interesting offering was a 1952 Ford Crestliner Victoria that had once been the demonstration car for the “Curvemaster,” a device that supposedly prevented rollovers. It was highly documented with newspaper and magazine articles, but the device had been removed due to patent issues. It was highly modified with a nailhead V8, a/c and power windows added. So for $19,800, the new owner has a “once was” car, some clippings and a lots of explaining to do when he takes it out. Although this year's $5m take paled in comparison to last year's $9m from 161 sold lots, the final total was actually almost identical to what was achieved here in 2009, albeit with a much more robust 76% sell-through rate compared to 2009's 64%. And it's important to note that 2010's sale included 71 cars from the R.E. Monical Collection, which were sold at no reserve and accounted for a significant amount of that year's total. The auction is now in its 16th year, and it once again combined with Keels and Wheels to bring a synergy to the weekend that's hard to find elsewhere. With hundreds of spectacular cars and boats in the Concours and a robust auction just a stone's throw away, what is there not to like? ♦ Sales Totals $2m $4m $6m $8m $10m $12m 0 Sports Car Market 2011 2010 2009 2008 2007 10%, included in sold prices

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The Worldwide Group Seabrook, TX ENGLISH #35-1934 BENTLEY 3½ LITRE drop- head coupe. S/N B203AE Eng. # N5BM. Red & burgundy/Blackwood Burgundy vinyl/tan leather. RHD. Odo: 90,318 km. Original Hooper Sports Saloon coachwork replaced with period-correct Park Ward body during restoration, which was completed in 2009. Paint to high standard and interior sparkles. RM's 2010 Monterey sale for $77,500 (SCM# 165668). Driven zero miles since. A few years back these were six-figure cars, but they need to be a bunch better than this example. Seller was looking for a quick flip, but missed the mark here. GERMAN #85-1952 PORSCHE 356 ‘Pre A' coupe. Engine clean with no issues noted. Bentley emblem in door handles and embossed in leather door panels. Original tool kit still present. Cond: 2+. SOLD AT $143,000. A rather over-the-top restoration for the Bentley purist. Over $400,000 reportedly spent on restoration, so no profit realized here. #17-1953 JAGUAR XK 120 SE coupe. S/N S681069 Eng. # W80908S. British Racing Green/Biscuit leather. Odo: 4,005 age. Equipped with the miles. Restored in mid-'90s with limited use since. Paint nicely maintained and shows well, considering Special Equipment 180-horse engine. Aluminum radiator installed to help cope with problematic heating issues. Minor stain on passenger's seat, 1. NOT SOLD AT $100,000. Early examples of a 1500 coupe that are restored to this level can bring $150,000, so the estimates were realistic but the bidding was not. It takes a very special buyer for a car like this, but if it's as good as it looked, it will bring much more money. Window” cabriolet. S/N 494143 Eng. # 513506. Light blue/black exceptional burl walnut veneer on dash and window surrounds. Correct tool roll and jack. A well presented example in proper livery. Cond: 2. SOLD AT $88,000. The XK 120, 140, and 150 fixed-head coupes have been appreciating at a steady rate. Yesterday's silly money is today's market price. No sign the the end is in sight, so buy now if these are your thing. Price paid was in line with reality. #77-1953 NASH-HEALEY SERIES 25 Le Mans coupe. S/N 3072. Black/brown leather. Odo: 41,897 Refurbished in 2008 but paint now a bit distressed. Very attractive leather interior. Engine clean but not detailed. One of about 506 coupes produced. Healey chassis with Italian styling, and a Nash Ambassador inline six under the hood. The “Le Mans Dual Jetfire” adds another 15 horsepower. Cond: 2-. NOT SOLD AT $75,000. I watched this sell at 120 #56-1957 BMW ISETTA 300 “Bubble vinyl/blue vinyl. Odo: 52,153 miles. One of about 50 bubblewindow cabriolets built. Powered by a twostroke air-cooled engine. Steering wheel and instruments mounted on front refrigerator door. In very acceptable condition, with a few minor S/N 11201 Eng. # 30139. Ivory/red vinyl. Odo: 7 miles. Very early split-window with body by Reutter. Older restoration with recent disassembly and respray in original color. Wood door capping and trim. Porsche Heritage Certificate. One of the earliest examples. Cond: Impressive. Cond: 2+. SOLD AT $162,250. Last sold at Russo and Steele's 2009 Monterey sale, where it realized $137,500 (SCM# 141229). The 356 market has been active for very nice cars. Price paid here was a bit above the current going rate, but the market could quickly catch up if 356s remain strong. Speedsters, as always, lead the 356 market. See the profile p. 70. #46-1960 MERCEDES-BENZ 190SL convertible. Cream/black Haartz cloth/red S/N 12104010021349. leather. Odo: 87,863 miles. Single-family ownership for 50 years, restored to correct factory specifications. Body straight and solid with no evidence of rust or rot. Minor blemish on front bumper. Converted from Solex carbs to twin Webers. was the first bubble-window I recall selling. Price paid seemed a bit on the light side, considering how rare they are. The micro-car community is very active, and the new owner will be welcomed wherever he goes. #68-1957 PORSCHE 356A 1600 S Speedster. S/N 83898. Silver/black fabric/black leather. Odo: 27,238 miles. Received a comprehensive restoration in 2002 and well maintained since. Kardex verifies it to be a true Super Speedster. Fitted with coupe seats. Shasta-built engine, history known from 1970s. Complete with tool roll. An attractive smaller sibling to the 300SL. Cond: 2+. SOLD AT $67,100. As the values of 300SLs continue to climb, the tide also raises the value of the 190SL. Solid examples have doubled over the past seven years or so, and while they may be under-powered, they nonetheless have the look. Price paid here was not out of line. ITALIAN paint blemishes noted. Known as “The Rolling Egg.” Cond: 2. SOLD AT $38,500. One Isetta seems to appear at most every auction, but this #38-1965 FERRARI 330 GT 2+2 coupe. S/N 6137 Eng. # 6137. Maroon Cranberry/black leather. Odo: 69,752 miles. Dual quad-headlamps defined the Series 1 cars. Recent respray in original Cranberry Maroon. Bumpers replated and Borrani wires rebuilt. Original leather interior in good order. Body Sports Car Market

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The Worldwide Group Seabrook, TX two known today. Fitted with reproduction aluminum heads. Transmission replaced with a 1979–1984 Ford truck 4-speed. CCCA Senior badge awarded in 2010. Cond: 2. SOLD AT $220,000. The unusual color combination held back the bidding activity here, but the new owner can change to a more conservative color and still be right-side-up. Indulging personal whims can be costly in real estate as well as collector cars. straight and solid with no evidence of prior damage. Engine bay in good order, with electronic ignition added. One of the more popular Ferraris. Cond: 2. SOLD AT $81,400. Price paid was on the money for a 330 GT 2+2 coupe in this condition. The five-speed would add a bit, but with over 6,000 produced, they are not hard to find, and the market is fairly consistent. AMERICAN #70-1934 CHRYSLER AIRFLOW 4-dr sedan. S/N 6501075. Tan & brown/tan fabric & leather. Odo: 56,214 miles. An older restoration in questionable livery. Paint shows age, but very nice interior. The Art Deco styling was rejected by the buying public in its day, but is now well accepted. Unibody construction pro- #19-1937 PONTIAC DELUXE 4-dr con- vertible. S/N 8CA35485. Black/tan canvas/tan vinyl. Odo: 37,674 miles. An older body-off restoration that now shows a bit of age. Low mileage stated to be original. Has a number of desirable accessories, including dual side- Bronze Maroon livery. One of only 8,341 manufactured. An unusual original example, as most were altered by customizers and hot rodders. Cond: 2+. NOT SOLD AT $70,000. Considering the well maintained condition of this Mercury convertible, the bid should have been another $10k–$15k if someone wanted to drive it home. Seller should be able to get his number, as this is a very desirable car. mount antenna and front and rear bumper guards. Dash redone to high standard. Right front wind wing delaminating. Trim pitting in several areas. A very uncommon Pontiac. Cond: 2-. NOT SOLD AT $47,500. An unusual Pontiac but not a CCCA Full Classic so limited opportunities for tours and other activities. Condition needed to be a touch better to be worth much more than was bid here. vided more uniform weight distribution. The CU series is not accepted as Full Classic. Cond: 3. SOLD AT $41,800. A benchmark in automotive styling that sold for a most reasonable price. The CX and CW series bring the real money, as they are CCCA Full Classics, but this one will still cause a sensation wherever it goes. Price paid was about right, so fair all around. #64-1936 PIERCE-ARROW SALON TWELVE Model 1602 roadster. S/N 3130076 Eng. # 406205. Royal Maroon & Cafe au Lait/tan canvas/tan leather. Odo: 88,330 miles. Restored in 2007 in controversial color combination. Connolly leather interior finished to high standard. One of three examples built and #62-1940 FORD STANDARD coupe. S/N 185617277. Black/tan fabric. Odo: 44,333 miles. Modified with 59AB motor for 15 additional horsepower, plus other performance tweaks. Original painted headlight-surrounds replaced with chromed Deluxe versions. Bumper wing tips added front and rear. Minor nailhead V8 with dual 4-barrels also added. Paint, brightwork, and interior as expected for a basically original car. Photos and newspaper clippings included. Cond: 3-. SOLD AT $19,800. The car sold for a price in line with an average Crestliner Victoria without all the hype. Came nowhere near the pre-sale estimate, but really, how much is the Curvemaster car worth without the Curvemaster? I have to think both the buyer and seller were unhappy here. #30-1954 CADILLAC ELDORADO con- chips on glass, wind wing delaminating. Rust forming on bumpers. Unusual fender skirts. Cond: 2-. NOT SOLD AT $35,000. Not modified enough for the hot rodders and too much so for the purist. Condition also left a bit to be desired so potential buyers and the seller were some distance apart. #78-1950 MERCURY EIGHT convert- ible. S/N 50SL21766M. Royal Bronze Maroon/beige fabric/brown vinyl. Odo: 3,127 miles. An older restoration that has been well maintained and 122 is still very presentable. Sports Car Market vertible. S/N 546253967. Alpine White/white vinyl/red & white leather. Odo: 11,498 miles. 331-ci V8, 4-bbl, auto. Excellent panel fit. Brightwork to high standard, distinctive anodized aluminum trim on lower rear quarter panels. Complete with three-piece parade boot. Equipped with all the power goodies of the era. #25-1952 FORD CRESTLINER Curvemaster convertible. S/N B20A128314. Black/white/black & white vinyl. Odo: 90,123 miles. 401-ci V8, 2x4-bbl, auto. Anti-roll invention called the Curvemaster installed by Arther Vogel when new. The device actually worked, but has been removed due to patent issues. Power windows and a/c added. Buick Replacement two-tone seat covers. Excellent panel fit and brightwork. Attractive Royal

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The Worldwide Group Seabrook, TX Snakeskin appliques on dash with automatic headlight dimmer. Properly fitted leather interior. A strong example. Cond: 1-. SOLD AT $110,000. This was last seen at Bonhams' November 2010 LA sale, where it was a no-sale at $82,000 (SCM# 167976). Driven 12 miles since. The reporter at that time thought it was worth six figures, and the bid today was spoton. The seller's decision to wait proved wise and profitable. #27-1954 CHEVROLET CORVETTE roadster. S/N E54S001925. Pennant Blue/beige vinyl. Odo: 227 miles. 235-ci 150hp I6, 3x1-bbl, auto. Restored to factory specification with limited use since. Correct Blue Flame Six with matching-numbers components. No NCRS or Bloomington judging awards listed. Offered with aftermarket hard top that is thought to have been with car since new. One of about 300 finished in Pennant Blue, but no factory records kept by GM. Cond: Burgundy/white vinyl/maroon leather. Odo: 7,169 miles. 365-ci V8, 4-bbl, auto. A recent restoration to high standard. Body straight and solid, windshield starting to delaminate, minor pitting on windshield trim. Excellent leather interior. Equipped with parade boot and power For 1957 the E- and F-Birds bring the big money. The price paid here for a well restored example that was finished in an attractive livery was about right, so fair all around. #116-1958 BUICK ROADMASTER con- vertible. S/N 7E607331. Light blue/dark blue vinyl/blue leather. Odo: 4,495 miles. 364-ci V8, 4-bbl, auto. Restored about ten years back and now showing signs of age. Wind wing delaminating and window frame pitted. Chrome lacking luster. Carpet dirty and button missing everything. Chromium “sabre spoke” wheels. One of only about 1,800 Biarritz convertibles produced. A well presented Cadillac. Cond: 2. SOLD AT $143,000. The 325-horse dual 4-barrel was a desirable option for the Biarritz in '57 but was lacking here. In 100-point condition, these can push the $200k mark, but the minor issues noted held this one back. All things considered, a fair transaction. #52-1957 CHEVROLET BEL AIR con- vertible. S/N 57F132008. Larkspur Blue/light blue vinyl/two-tone blue vinyl. Odo: 370 miles. 283-ci V8, 4-bbl, auto. Recent restoration with minimal use since. Top never down. Equipped with power steering, power brakes, and factory a/c. Dual rear aerials. A quality presentation 2+. SOLD AT $86,900. 1954 Corvettes have been slipping a bit from their high of a few years back. The hard top, while not as rare as the “bubble top,” still added a bunch to the package here. That, combined with the unusual color and excellent condition, pushed this example to a price not recently witnessed for a '54. Well sold, indeed. #84-1956 CHEVROLET NOMAD cus- tom 2-dr wagon. S/N VC56K099102. Teal & white/teal. Odo: 20,546 miles. 350-ci V8, 4-bbl, auto. A Nomad resto-mod with Corvette coves and Fuelie badges. Built in the late '90s and now showing lack of attention. Very poor paint prep, with dust and dirt in paint. LaCarrera with little to fault. Cond: 2+. SOLD AT $88,000. Period advertising called these “The Hot Ones.” Price paid was about right for an a/c-equipped car in this condition. Equipped with the 250-hp engine or the 283 Fuelie, the price goes up, but for a base-level engine, all was square with the world here. #18-1957 FORD THUNDERBIRD con- vertible. S/N D7FH152967. Willow Green/ Cumberland Green vinyl. Odo: 26,826 miles. 312-ci V8, 4-bbl, auto. Recent restoration included paint and new brightwork. Equipped with base V8 and Ford-O-Matic transmission. Includes both tops, power windows/seats and steering wheel filthy. Aftermarket a/c. Unattractive sun visor. A nice Nomad gone awry. Cond: 3. SOLD AT $50,600. If the builder had just left this alone, he would have been far better off financially. The Corvette coves looked weird and added nothing to the presentation. Seller was most fortunate to find someone willing to step up for this one. #81-1957 CADILLAC ELDORADO Biarritz convertible. S/N 5762093492. 124 on seat. Numerous paint chips. Factory a/c and lots of other power options. The 4,495 miles since restoration completed have been hard indeed. Cond: 3+. NOT SOLD AT $60,000. Considering the issues noted, the price bid should have been close to getting the job done. Bringing this back to its former glory will be a long and expensive road. #15-1958 CHEVROLET APACHE pickup. S/N 3B58K135016. Pure White & Cardinal Red/red & white vinyl. 235-ci I6, 2-bbl, 3-sp. Recent body-on restoration to very presentable standard. Striking paint with matching interior. Chrome bumpers front and rear. Some overspray noted, trim pitted in sev- eral areas. Oak wood bed too nice to carry anything. Aftermarket radio. Very attractive, and stated to be in good working order. Cond: 2. SOLD AT $24,750. I'm willing to bet the cost of restoration exceeded what was realized here. Want a pickup? This is the way to buy one—let someone else take the hit. Well bought. #125-1958 OLDSMOBILE SUPER 88 convertible. S/N 588M26452. Alaskan White factory engine dress-up kit. Finished in attractive Willow Green. Quality restortion of an attractive T-Bird. Cond: 1-. SOLD AT $53,900. Sports Car Market

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The Worldwide Group Seabrook, TX & Festival Red/Festival Red vinyl/red & white leather. Odo: 65,859 miles. 371-ci V8, 4-bbl, auto. Less than 5,000 Super 88 convertibles produced in 1958 and thought to be only 100 or so left. This is an unrestored example with a limited amount of cosmetic work perfomed. Driver's window broken and trim pitted. Convertible top filthy. Lots of power options. Hydra-Matic transmission. Original interior not torn or ripped. A project. Cond: 3-. SOLD AT $43,450. In excellent condition these can bring $70k–$80k, so this becomes a math test. Can you do the work for $35k and stay above water on this? I doubt it, so the new owner might as well just do the obvious and drive the wheels off of it. #36-1958 PACKARD HAWK super- charged coupe. S/N 58LS1112. Maroon/tan vinyl. Odo: 68,024 miles. 289-ci supercharged V8, auto. Fitted with a unique fiberglass nose and McCulloch supercharger. Complete bodyoff restoration completed in 2008. Traveled about 100 miles since. Excellent paint but trim neglected during restortion and is pitted. Trunk rubber loose. Thought to be one of about 10 in B9KW105864. Black & white/tan, black & gold vinyl. Odo: 29,439 miles. 352-ci V8, 4-bbl, auto. Born an all-white car but then refinished in two-tone. Respray done to high standard with little to fault. Chrome skirts are a bit much. Original tri-color interior in excellent radio, Autronic Eye, and power antenna. A strong presentation. Cond: 2+. SOLD AT $71,500. Strong money but an equally strong car. Several price guides have these topping out at about $50k, but the price paid was not out of line, considering the condition. Properly bought. #69-1961 CHEVROLET CORVETTE convertible. S/N 10867S104509. Roman Red/red vinyl. Odo: 48,120 miles. 283-ci 315hp fuel-injected V8, 4-sp. A Fuelie with fourspeed, hard top, and Posi. Three owners from new, mileage stated to be accurate, recently restored to high standard. Fuel-injected engine condition, as it was covered with seat covers most of its life. Steering wheel poorly restored. Equipped with factory a/c. Cond: 2-. NOT SOLD AT $32,500. The Skyliner was introduced in 1957 as the first true retracting hard top convertible. These can push $60k or so in excellent condition, and the factory a/c is a $5k plus. As such, the price bid was light by a bunch—another $15k–$20k was needed to get the job done. #98-1959 LINCOLN CONTINENTAL MARK IV convertible. S/N H9YC02810. Bolero Red/Black Haartz cloth/black & white leather. Odo: 68,235 miles. 430-ci V8, 4-bbl, auto. Recent respray in the “right” livery, but engine bay neglected. Brightwork has a few minor scratches, door fit somewhat uneven. Correct trim caps for convertible top. Well fit- this color combination. One of only 588 produced. Packard's last stand. Cond: 2+. SOLD AT $49,500. A “Packardbaker” with ‘catfish' front end styling that does not appeal to all. Collectible as the last Packard and valued higher than the identical Studebaker but well behind the other performance cars of the era. Sold for a fair price considering the shortcuts taken during restoration. #114-1958 PONTIAC BONNEVILLE convertible. S/N W358H2015. Silver/ blue/blue fabric/silver-blue vinyl. Odo: 20,009 miles. 370-ci V8, 3x2-bbl, auto. The Tri-Power option when ordered with the standard HydraMatic block was only a $93 upcharge but boosted horsepower to 300. Top dirty and said to start easily and run smoothly, following fresh rebuild. Documented with window sticker. Cond: 2+. SOLD AT $101,200. The '61 Corvette convertible was made popular by Buz and Tod of “Route 66” television-series fame. Loads of eyeball here. The bidding stalled while the car was on the block, but the Worldwide folks got busy and put a deal together. After a little give-and-take, the price was right for all involved. The hard top was a big plus. #96-1962 CHEVROLET CORVETTE convertible. S/N ted black and white leather interior with sixway power seats. Equipped with the original Turbo-Drive transmission and power steering and brakes. An attention-getter. Cond: 2-. SOLD AT $31,900. Boy, this slipped through the cracks as a number with a “5” in front would have been more like it. As such, the buyer drove home with a bargain. #31-1961 BUICK ELECTRA 225 con- vertible. S/N 8H4015331. Black/black vinyl/red leather. Odo: 62,892 miles. 401-ci V8, 4-bbl, auto. Restored about five years back to an exceptional standard, and has been properly maintained, showing little evidence of use. Stunning red leather interior. Powered by “Wildcat 445” with Twin-Turbine Dynaflow transmission. Equipped poorly fitted. Trim and window frames badly pitted. Fitted with factory a/c and Continental kit. A very desirable car that has a neglected look. Cond: 3-. SOLD AT $60,500. At the price paid the new owner has room to take care of the major needs and still be on the right side of the ledger. A desirable Bonneville that has the right options. #113-1959 FORD FAIRLANE 500 Skyliner retractable hard top. S/N Wonder Bar radio, bucket seats, foot control for 126 with factory a/c, 20867S106979. Sateen Silver/black vinyl/black vinyl. Odo: 94,748 miles. 327-ci 300-hp V8, 4-bbl, 4-sp. Frame-on restoration a few years back. Paint OK, but lacking deep luster. Bumper badly pitted, with rust forming under plating. Attractive interior. Desirable options included 24-gallon fuel tank, heavy-duty brakes and steering, and power convertible top. Last year for the solid-axle rear suspension and exposed headlights (until 2005). Cond: 3+. SOLD AT $57,200. The power top adds about $3,000 to the total package. Price paid was about right for a middleof-the-road Corvette that will make an excellent driver, so get the rubber on the road. #79-1963 FORD THUNDERBIRD “M code” 2-dr hard top. S/N 3Y83M107562. Raven Black/black fabric. Odo: 89,354 miles. 390-ci V8, 3x2-bbl, auto. Properly maintained in original condition with just a respray and Sports Car Market

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The Worldwide Group Seabrook, TX new chrome. Interior shows some signs of use and age. Engine bay clean but not highly detailed. One of just 26 “M-code” coupes listed in the Thunderbird Registry; one of just a few push six figures, and the unusual color was a big plus here, but a/c was an add-on, and the switch to Tri-Power caused some confusion, so the bidding was a bit restrained. As such, in my opinion, this was all the money. #107-1968 PONTIAC GTO 2-dr hard with factory a/c. Loaded with all the power goodies. Cond: 2. SOLD AT $24,200. An attractive Bullet Bird. For some reason these still fail to gain traction in the financial arena. Stylish and rare, but no money. Bought for a song and if new owner is patient, he may just have something when the market one day wakes up. #80-1965 SHELBY COBRA MK III rep- lica. S/N RPMSP01840. Silver/black leather. Odo: 208 miles. Replica built by Superformance with attention to detail. Period-correct headlights, taillamps and switches. Halibrand-style wheels. Powered by Roush developed 427R203 engine with 5-speed Tremec transmission. top. S/N 242378P150572. Red/cream vinyl. Odo: 55,231 miles. 400-ci V8, 4-bbl, 4-sp. Striking paint but lots of window goop to stop leaks. Hole in headliner, very poor carpet fit. Has that ridden-hard-and-put-away-wet look. Cond: 3. SOLD AT $27,500. The brainchild of John DeLorean, who circumvented GM's ban standards. Date-coded and numbers-matching. AM/FM stereo. Equipped with “R code” 428 CJ police interceptor motor, power steering, power front disc brakes, and AM/FM radio. One of only 245 1969 GT500 convertibles produced, and one of only 13 in Candy Apple Red. Cond: 1-. SOLD AT $181,500. Restored to perfection and finished in a most unusual livery, this stunning Shelby sold for strong-butcorrect money. Auction estimates were a bit aggressive, and I think this number is more in line with the current market. BEST BUY #45-1970 Red/white CHEVROLET CHEVELLE SS 454 LS6 convertible. S/N 136670L192509. Cranberry vinyl/ivory vinyl. Odo: 85,517 on anything over 330 cubic inches in an intermediate car by offering the 389-ci V8 as an “option.” A middle-of-the-road price for a middle-of-the-road car. In #1 condition these can hit twice what was paid here, but doubt if you can get there from here, so might as well use and enjoy. Fair for both sides here. #57-1969 CHEVROLET CAMARO SS 396 convertible. S/N 124679L530378. Burgundy/black/white vinyl. Odo: 8,880 miles. 396-ci V8, 4-bbl, 4-sp. Documented with factory build sheet and original sales contract. The L78 Turbo Jet V8 was a $316 option and was ordered on just 4,889 '69 Camaros. M21 close- Limited miles stated to be accurate. A well presented replica Cobra. Cond: 2-. SOLD AT $55,000. Modern convenience, solid performace and a period look at a fraction of the cost of the real thing. But then again, it is still a replica and the new owner will be forever responding to “Is it real?” #87-1965 PONTIAC GTO convertible. S/N 237675B104096. Iris Mist/white vinyl/black vinyl. Odo: 2,887 miles. 389-ci V8, 3x2-bbl, 4-sp. Recent body-off restoration to high standard. Finished in striking Iris Mist, a one-year-only color. Converted from single four-barrel to Tri-Power carburetion, a/c ratio manual 4-speed. Equipped with SS option as well as Positraction, center console and stereo tape deck. Restored to original condition. A superb example. Cond: 1-. NOT SOLD AT $220,000. An exceptional car that attracted some serious bidding. But as rare and properly documented as it was, the money was light by at least 25k. #22-1969 SHELBY GT500 convertible. S/N 9F03R483282. Candy Apple Red/white vinyl/black vinyl. Odo: 87,207 miles. 428-ci V8, 4-bbl, 4-sp. Recent restoration to MCA also added. Power steering, power brakes, and tach. On correct Hurst wheels. Documented by Pontiac Historical Society with reproduction window sticker. Cond: 2+. SOLD AT $79,200. A no-questions Tri-Power car with a/c can 128 about 96 convertibles equipped with W-30 and 4-speed. The W-30 option kicked the horsepower to 370 and added a fiberglass hood. Cond: 1-. NOT SOLD AT $190,000. The 442 stood for 4-barrel, 4-speed, and dual exhaust. The SCM Price Guide puts this as high as $300,000, but others are not as generous. Even so, price bid here was light for a properly documented and highly optioned example. Sports Car Market Z15 SS option added five-spoke wheels, domed hood, badges, and other goodies. A legitimate and limited production example. Cond: 2. SOLD AT $236,500. The LS6 market is coming to life, and a properly-documented convertible like the one offered here is money in the bank. No records exist on the precise number of convertibles produced, but about 30 are known to exist. A solid investment that in time will prove well bought. vertible. S/N 34870M383543. Burnished Gold/white #60-1970 OLDSMOBILE 442 W-30 convinyl/gold vinyl. Odo: 53,305 miles. 455-ci V8, 4-bbl, 4-sp. Highly documented, low miles, and in superb condition. Loaded with options including Posi rear end, 8-track, Rally Rocket Pack, and more. One of miles. 454-ci V8, 4-bbl, auto. Original build sheet documents LS6 option. Restored in the early 1990s and properly maintained since. In 2006 was clocked at 101.03 in the quarter mile. Loaded with options, including M40 3-speed automatic, front disc brakes, and 4.10 gears.

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The Worldwide Group Seabrook, TX #48-1970 PLYMOUTH HEMI ‘CUDA convertible. S/N BS27R0B159521. Black Velvet/black vinyl/black leather. Odo: 11,769 miles. 426-ci V8, 2x4-bbl, auto. Restored in the early '90s and still in pristine condition. Periodcorrect engine restamped with correct date code. Partial original build sheet verifies Shaker hood, power brakes, dual exhaust, and miles. 383-ci V8, 4-bbl, auto. Restored in 2006 with full photo documentation. Numbers- matching, confirmed by broadcast sheet. Color changed from blue and buckets added. Scratches on cowl, uneven door fit, fitted with hood from Hemi Road Runner. Upgraded discs in front. Armrest worn. Famous “Beep-Beep” horn. Cond: 2+. SOLD AT $38,500. Modifications are costly in more ways than one. First you pay the parts man, and then the buyer gets a discount at selling time. The lesson is to think twice before changing what the factory offered, as it can be very expensive in the long run. Fairly bought. #110-1971 FORD MUSTANG Mach 1 elastomeric front bumper. An NHRA record holder. Cond: 1-. NOT SOLD AT $1,400,000. Of the 18 original Hemi ‘Cuda convertibles produced, only three were triple-black. The seller turned down a bunch of money for his ‘Cuda convertible, especially when you consider that the restamped engine is about a 20% hit. No idea where he will get more. #61-1970 PLYMOUTH ROAD RUNNER convertible. S/N RM27NOG197590. Plum Crazy/white vinyl/white leather. Odo: 8,078 Interior armrests and driver's seat bolster worn. Equipped with Dual Ram Induction hood with two functional NACA-type hood scoops. Cond: 3. SOLD AT $66,000. The 429 CJ was the top Mustang engine option. It became the fastback. S/N 1F05J224429. Red/Vermillion knit & Corinthian vinyl. Odo: 37,453 miles. 429-ci V8, 4-bbl, 4-sp. Needs a bit of TLC. Chips on nose, trunk poorly touched up. 429 SCJ if the Drag Pack option was ordered, as was the case here. Condition was lacking here, and the final price paid reflected that. In excellent condition, something near six figures would not be out of the question, but all things considered, price paid was spot-on. coupe. #127-1987 BUICK GRAND NATIONAL S/N 1G4GJ117XHP449214. Black/black & gray fabric. Odo: 28,864 miles. 3.8-L turbocharged V6, 4-bbl, auto. A factory hot rod, but the GNX, produced in limited numbers, is the hot one. Acceptable paint, some rash on grille. Low miles stated to be original. Very possible, as interior shows little wear. Cond: 2-. SOLD AT $24,200. For their stealthy appearance, these were sometimes referred to as “Darth Vader” cars. Introduced in 1982 and named after the NASCAR Grand National Series, they have been on the verge of climbing the appreciation curve for years, but not much seems to happen. If you have staying power, you might just come out ahead, but in the meantime, might as well use and enjoy. Bought for a touch under the money, so I will call it well bought. © 130 Sports Car Market

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Bonhams Monte Carlo, MCO Les Grandes Marques à Monaco Top price at this year's Bonhams sale, held at the late Prince Rainier's car museum in Fontvieille, went to a 1955 Mercedes 300SL Gullwing Company Bonhams Date May 20, 2011 Location Monte Carlo, MCO Auctioneer James Knight Automotive lots sold / offered 29/63 Sales rate 46% Sales total $4,750,205 High sale 1955 Mercedes-Benz 300SL Gullwing, sold at $803,833 Buyer's premium 1955 Mercedes-Benz 300SL Gullwing coupe—$803,833 Report and photos by Paul Hardiman Market opinions in italics A lthough the saleroom didn't look exactly packed, there was clearly money changing hands at Bonhams' annual “Les Grandes Marques à Monaco” sale—although some of the big lots stalled, reflected in a sale rate of under 50%. Rival RM's big first sale at the Villa d'Este concours in neighboring Italy the following day could only have made Bonhams' task more difficult, as high-dollar bidders were likely drawn away from Bonhams' sale to attend the new and very exclusive event. But this was nothing new for Bonhams, as the company dealt with a similar situation last year, when RM's $44m “Sporting Classics of Monaco” sale took place just across town. Top price at this year's Bonhams sale, held at the late Prince Rainier's car collection and museum in Fontvieille, went to a 1955 Mercedes 300SL Gullwing at $803,833, while a later roadster was $533,154, and a fine Classiche-approved Ferrari 275 GTS sold for $623,381. The big Ferrari of the sale, a 512 BB/LM that had raced at Le Mans in 1981 and 1982, stalled at $1.5m, or about $285k short of what was needed to buy it. But the only fiberglass 308 GTB Group B rally car by Michelotto sold on the phone for a healthy $656,190, and the interim F2/F1 Cooper T45 that Maurice Trintignant took to a GP win here in 1958 fetched $262,476. The 1965 Paris Motor Show Aston Martin DB6 was 132 in super order and fetched a strong $246,071; Swiss registered, it sold outside the EU, thereby avoiding attracting 20% VAT on the entire hammer price and not just buyer's premium, which was a straight 15% at this sale. The much-awaited Panther Six, the second of two built, looked to be in good shape and attracted $59,057, which was just enough to buy it and Monte Carlo, MCO was strangely very close to its original list price at the London Motorfair in 1977. Other notable sales included a 1996 Ferrari F512 M Berlinetta that made $150,924, a 1961 Jaguar XKE Series I 3.8-liter flat floor convertible that found new ownership at $128,385, and a 1960 Mercedes-Benz 220SE Ponton cabriolet that sold for $60,698. A Jaguar XK 150S with a splendid patina but which had been mechanically refurbished reflected the new “resto-rat” trend. bringing the right $118,114, and a Lamborghini Diablo VT, originally residing in Monaco before it went to England with its owner, looked like a good value at $113,193. Statistically, this year's sale did show growth over last year's event, with 29 of 63 lots making a combined total of $4.7m compared to 40 of 66 lots selling for $3.6m in 2010. And although the sell-through rate fell rather significantly to 46% from 61%, the total increase of over $1m showed there to be a generally higher caliber of cars on hand this time around. The close of the auction saw Bonhams' staff, and this reporter, hurrying off to Newport Pagnell, where the following day, its annual Aston Martin sale at Works Service was to take place. Look for a full report on that sale in the next issue of SCM. ♦ $3m $6m $9m $12m $15m 0 Sports Car Market Sales Totals 2011 2010 2009 2008 2007 15%, included in sold prices ($1.00=€0.70)

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Bonhams Monte Carlo, MCO ENGLISH #148-1933 ROLLS-ROYCE 40/50HP Phantom II Continental 4-dr sedan. S/N 140MY. Metallic blue/blue leather. RHD. Odo: 62,457 miles. Originally owned by Captain Sir Malcolm Campbell, the recordbreaker, and like all his cars painted light blue, although this one's metallic. Not as bright as it looked in catalog, but a recent restoration. Very sharp and straight. Chrome trim and Lucas lights excel- served, red leather well creased. Front bumper has three R-R and Bentley club badges mounted. Utterly commanding and appealing in every respect. Cond: 1-. NOT SOLD AT $325,000. If the car had sold into Europe, 20% VAT would be due on whole price, which might and lacquered to stop it from deteriorating. Interior hung out to dry. Looks like a complete resto project... until you look underneath and gaze upon the mechanically refurbed chassis. Body condition 4, mechanicals condition 2+. Originally supplied to New York. If this is the new trend, it's wonderful. Cond: 3. SOLD AT $118,114. They're only original once. Not everyone would get this, but someone (on the phone) did, paying about $25k under shiny money for something probably far more usable. Let's hope the new owner doesn't paint it. #120-1961 JAGUAR XKE Series 1 “flat- lent. New leather, nicely dull timber. Painted wires behind Ace discs. Cond: 1-. NOT SOLD AT $164,000. First tiled “AGO 1.” Although the money offered may not have covered the resto, this was 40/50hp Phantoms, especially Ghost money. very individualistic Phantoms, aren't there yet, and the top bid (about $70k below reserve) reflected where it would need to be to leave a margin for retail. #117-1954 ARNOLT-BRISTOL DE LUXE roadster. S/N 404X3100. Red/gray leather. Odo: 5,488 miles. Good all around, following older rebuild and fettling since. Edges of trunk lid have light cracks, seats look like much later aftermarket items. Motor right type but not original, slightly earlier than rest of car. Said to drive well with no issues and fired up in the room OK. Other De Luxe fittings such as have kept the bids low. Top offer was about $50k short, which adds up to about the same. Last offered but not sold at Christie's London auction in December 2002, with a high bid of $66,780 against a reserve of $78,500 (SCM# 29636). The reporter at that time wrote, “1993 repaint still excellent. Chrome very good. Crumpled license plate. Original leather nicely worn.” #125-1958 COOPER TYPE 45 racer. S/N F2958. Green/gray. MHD. The ex-Maurice Trintignant/Rob Walker Racing Team F2/F1 “interim” car that was the surprise winner of the 1958 Monaco GP. Or “strong evidence” to suggest that it was, says the catalog. Later an F2 car again with 1500-cc Borgward power, has been Scuderia Serenissama-bodied, now floor” roadster. S/N 875232 Eng. # R13579. Dark gray/black leather. Odo: 741 miles. External-lock car, so it's very early. Sharply restored 20 years ago in U.S. to original spec, although paint (originally gunmetal) isn't perfect. Has 5-speed conversion from Jack Bryan, who once owned it. Interior all present and correct, fitted Becker Mexico has SatNav conversion. Greek-registered. Cond: 2+. SOLD AT $128,385. With top E-type roadsters once again hitting $200k-plus for their 50th anniversary year, this didn't look expensive for a tidy example. Left-hand drive is where it's at these days, and an “invisible” 5-speed shouldn't hurt value. #158-1961 JAGUAR MK II 3.8 4-dr sedan. S/N P211845BW. Silver/red leather. Good appearance, at first glance a sharp resto, less perfect up close. Front bumper flaking and dinged. Floors good, rockers a bit tired where you can't see them. Nice leather just settling in. back in its original form and in super order, with 2-liter Climax FPF. The period catalog shot from the ‘58 Monaco was taken by Phil Hill. Cond: 2+. SOLD AT $262,476. Add 20% to the price for VAT. The car sold just over bottom estimate, which got the job done. A good story for a very drivable car. Ready to race again. taller windscreen included with car. Cond: 3. SOLD AT $123,036. Offered but not sold for $37,500 in November 2001 at Mecum's St. Charles auction (SCM# 24180), where it was described as a 1959 Bolide and our reporter said, “Paint is good and chrome is nice. Said to have the street windshield available. Owner was looking for $45k. Fair bid.” It was later bought by today's seller in Sarasota, Florida. The price looked about $35k light here, so well bought. #133-1956 BENTLEY S1 Continental 2-dr sedan. S/N BC93AF. Black/red leather. RHD. Odo: 7,539 Really straight body and mirror-deep paint. Timber very nicely pre- 134 #135-1959 JAGUAR XK 150S 3.4 road- ster. S/N T831351DN Eng. # VS13679. Blue/gray leather. Odo: 42,977 miles. Best (and rare) spec, with overdrive. Scratched, rough paint over a fairly straight body, polished Cond: 3+. SOLD AT $29,529. Sold at no reserve. Eye appeal garnered it some attention, and for a cosmetically good but not altogether fabulous Mk II, the money was about right. Fairly bought and fairly sold. #132-1966 ASTON MARTIN DB6 Vantage-spec coupe. S/N DB62370LK Eng. # 4002384. Dark blue/beige leather. Odo: 89,530 km. Ex 1965 Paris Motor Show car in super order. Excellent paint and chrome, panels very straight. Lightly creased leather. Electric windows stated not to be working. Not originally Sports Car Market

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Bonhams Monte Carlo, MCO convoluted. I expected this to go very high or not sell, but it just fizzled out at novelty-act money despite Knight's best efforts. (“It'll look good on that harbour.”) Price paid was all that should have been realistically expected. #114-1987 AUSTIN MINI MOKE beach car. S/N TW7XKP328S681056. Green/black. Odo: 1,120 miles. Portuguese-assembled Moke in excellent order following rebuild by German specialist Minispeed. a Vantage, but motor now in that spec, following 1990 restoration. Cond: 1-. SOLD AT $246,071. Sold in the room for strong money, bound for outside Europe. Due to Swiss registration, there would have been a 20% premium on the hammer price if it had gone to the E.U., instead of just the 15% premium. #109-1966 VANDEN PLAS PRINCESS 4-Liter “R” 4-dr sedan. S/N VRS32924. Green/buff leather. Not bad at all from twenty feet or so, a bit rougher up close, still looks pretty solid. Might be a nice old smoker but really a resto project. Lovely when they're Equipped with full weather gear. Now sitting on 13-inch Minilites, a regular at events since. Not a huge amount was being asked here, and this tidy roadster comfortably reached the bottom estimate. #152-1985 PORSCHE 911 turbo coupe. S/N WPOZZZ93ZGS000118. Guards Red/black leather. Body clean and tidy, good heat exchangers and oil pipes. Black leather buckets unworn. Includes tool kit, along with extra set of four OZ wheels wearing Pirelli rub- though spare's a 12-inch steelie. 1,275-cc motor with 286 cam. Cond: 2. SOLD AT $31,169. Last sold at Bonhams & Brooks' Nurburgring auction in 2001 for $22,130. It did well here, and although even bigger money was anticipated, it made more than a decent real early Cooper. GERMAN #138-1955 MERCEDES-BENZ 300SL lovely, but these quickly get ratty-tatty when they're not. Cond: 3-. SOLD AT $6,562. Sold at no reserve. Nobody seemed to want it, and the auctioneer had to take it all the way down to $5k to get a first bid. Ultimately sold at around half what the seller had rather hopefully anticipated. #153-1977 PANTHER SIX convertible. S/N XP3100. White/black leather. Odo: 75 miles. One of two built by Panther Westwinds visionary Robert Jankel. Basically in good order, with some small marks at edges of fiberglass. Interior reminiscent of a '70s Cadillac, but that's where the motor came from, and likely the car's intended market. Twin-turboed 8.3 Caddy driveline in back. Gassy smell in close proximity to blowers and fuel pipes. Gullwing coupe. S/N 1980405500152. Silver/red leather. Near-perfect body, paint, and chrome. Interior like new, following restoration only 850 km ago by D-B Works in Kassel. Motor tidy and workmanlike, with all correct finishes, though a little ways off from concours ber. Cond: 2-. SOLD AT $55,776. Swiss owned and registered since 2004. This Turbo was sold at no reserve but nonetheless reached very respectable money, with four bidders on it at the $36k mark, driving up the price. Well sold, price would be tough to duplicate in the USA. ITALIAN #144-1956 FERRARI 250 GT coupe. S/N 0543 Eng. # 0543. Black/tan leather. Odo: 86,202 miles. Really sharp, shiny, and straight, following restoration in not-too-distant past. Was originally silver-gray. Leather in original color just taking on some character. Excellent dash and instruments, engine has correct fin- condition. Equipped with Rudge wheels from new. Cond: 1-. SOLD AT $803,833. In U.K. 1955–1980, then acquired at Bonhams & Brooks' Nurburgring sale in 2001, post-restoration. It was the star of the show and correctly sold (on the phone, to a Brit) at current market price for a top Gullwing. Cond: 3+. SOLD AT $59,057. Assembly was actually completed after Panther went bust, and the car's ownership history was no less 136 #119-1958 MERCEDES-BENZ 300SL convertible. S/N 1980428500280. White/red leather. Twenty-year-old resto still in good shape. Paint and chrome shiny, panel fits all good. Leather slightly creased. Motor clean but not concours. Not too perfect to use. Frenchregistered. Cond: 2. SOLD AT $533,194. This SL was purchased from the massive Techno Classica show in Essen in 2008, and has been ishes. Sits nicely on Borranis. Cond: 1-. NOT SOLD AT $614,000. French-supplied car, though soon exported to the U.S., where it enjoyed a brief competition career. Top bid wasn't far off, as $650k should probably have secured it, at which it would have been a fair buy. But the seller was holding out for the full whack. #127-1963 FIAT 500D Giardiniera 2-dr wagon. S/N 103820. White/red leather. Very tidy little novelty—a 500D done up like an Sports Car Market

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Bonhams Monte Carlo, MCO Abarth hauler, complete with the Cromodoras, flares, overbored motor, and “695” side stripes. In excellent order but a bit tatty inside. Gorgeous with lightly orangepeeled paint, and holed right rear spoiler lip, though neither matters. Looks complete and probably a runner, but exact spec of motor unknown and probably some way off race-worthy. Cond: 3. NOT SOLD AT $380,000. Has been in the Rosso Bianco collection, and bid about $60k light here. BEST BUY #159-1970 MASERATI INDY coupe. S/N AM116556. Metallic green/black leather. Very sharp recent restoration. Great paint, spot-on panel gaps, everything shuts nicely. Has a few polish marks in chrome. New black leather interior, all new fasteners underneath. Supplied new to Complete with perspex engine cover. Italianregistered. Cond: 2. NOT SOLD AT $17,150. Apparently owned from new by a Fiat-Abarth specialist who had it modded for promo purposes. Limited market for a weird-but-appealing little package, even though the bids were approaching fake Abarth money. I would have thought this was perfect for Monaco. #140-1964 FIAT ABARTH 850TC Stradale 2-dr sedan. S/N 1427366. White/red velour. Started life as a Stradale, racier bits added later. Good, straight, and tidy. Interior out and sold with spares (including engine, sitting where passenger seat was). Swiss-owned, though was previously in the U.K. Cond: 3+. Switzerland, being sold from Germany. Cond: 1-. SOLD AT $33,768. Sold incredibly cheap, at 25% under bottom estimate, for far, far less AT $1,500,000. Not sold, though bidding started at a promising €800k ($1,143,000). In 1985, the car was not sold at Coys London for $1,112,576 (SCM# 16664), but later sold to Sweden in 1989 at the Nurburgring for £677,420, repossesed and resold in 1990, then in America where, inevitably, it went through the hands of SCM's own Mike Sheehan. About $250k light here. #116-1996 FERRARI F512 M coupe. S/N ZFFVA40B000101768. Red/black leather. Odo: 3,842 km. Euro-spec car imported to U.S. in 2001 and Federalized in 2002. Speedo in mph. Clean, tidy, and unscuffed, commensurate with very low mileage, though had minor repairs to hood and new front bumper in 2008. With factory tool kit and leather wallet with handbook, warranty, book, etc. Offered without than it cost to do. These cars aren't fashionable, especially with the smallest engine, but for a near-perfect classic Italian supercar, someone thought it worth a punt. Top bid of $29k didn't look like enough, but “Come and talk to us later,” and it soon appeared on the “sold” list. Well done, and well bought. #137-1976 FERRARI 308 GTB Group B SOLD AT $22,967. This had raced at the Goodwood Revival in 1998 and was bought by the seller at a Bonhams sale in February 2006. It sold at no reserve and only slightly low today, for around half what had been hoped. But it looked cheap compared to the 600D-based replica currently on sale in the U.K., so well bought. #142-1967 ALFA ROMEO TIPO 33 ‘Mugello Spider' roadster. S/N 75033005. Red/black vinyl. Long-tailed ‘Mugello spider' of the type developed to run the 1967 Italian road race, though this one was built up from parts after Autodelta closed in the ‘80s. Spanish championship-winner in 1984, and has run on the Tour Auto, and it looked ready to go again. Sold on the phone at a hammer price 25% short of lower estimate, but as Bonhams' Philip Kantor put it, “a hard car to sell.” See the profile on p. 76. #126-1981 FERRARI 512 BB LM coupe. S/N 35527. Red/black. Star of the show, the ex-NART 512 BB LM that ran at Le Mans in 1981 and '82. Very sharp for a race car, original motor standing on plinth behind it, as it currently wears a 560-hp gorilla engine, having been raced in the American Shell Ferrari Maserati Challenge. Cond: 3+. NOT SOLD 138 Sports Car Market racer. S/N 18869. White/red velour. First fiberglass GTB 308 built by Michelotto (of four, in 1983). Body fit variable and showing some cracks at corners, but not unduly knocked about for a rally car. Seats look quite new. Cond: 3. SOLD AT $656,190. This was a reserve. Cond: 2. SOLD AT $150,924. VAT payable on full price, adding 20%, and it had even been on sale at $56k. But bidding kept going and going in €1,000 increments between two men who wanted it, even though auctioneer Jamie Knight “had a plane to catch.” Very well (and patiently) sold to a German bidder in the room. #111-1997 LAMBORGHINI DIABLO VT convertible. S/N 12864. Silver/red & black leather. Odo: 4,325 miles. Almost like a new one, though actual miles are closer to 26,000, as a km speedo was fitted for much of its life. Excellent paint, wheels totally unscuffed, seats show no wear. New clutch 3,491 miles ago. Owner reportedly selling the car in favor of

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Fresh Meat Bonhams Monte Carlo, MCO Online sales of contemporary cars. 2012 Porsche 911 Carrera “Black Edition” something with RHD. Cond: 2+. SOLD AT $113,393. This Lambo was originally supplied new to Monaco, then went to England with its owner when he returned home. While it was well preserved and well cared for, 26,000 actual miles is not particularly low for a Lambo of any vintage. Sold mid-estimate. Date sold: 5/31/2011 eBay auction ID: 200612324208 Seller Type: Porsche Dealer Seller: Porsche of Monterey, Seaside, CA, 831.899.8888, http://monterey.porschedealer.com Sale Type: New car, in stock. VIN: WP0AA2A92CS788122 Details: #397 of 1911 made worldwide. Black over black. PDK. Nav. Sport Chrono. Sale result: $88,050, 4 bids, sf 5. MSRP: $88,050 Other current offering: Pepe Porsche, White Plains, NY, http://pepe.porschedealer.com, asking $89,540 for a nearly identical one. 2011 Jaguar XJ SS Date sold: 5/29/2011 eBay auction ID: 290567749995 Seller Type: Jaguar Dealer Seller: Hennessy Jaguar, Atlanta, GA, 404.456.2014, www.hennessyjaguar.com Sale Type: Dealer demo with 4,685 miles. VIN: SAJWA1JC4BMV08734 Details: Burgundy Metallic (Caviar) over Crème and Burgundy leather. Nav. Supercharged 5.0L V8 makes 510 hp. Auto. Sale result: $89,950, 1 Buy-It-Now bid, sf 53. MSRP: $110,200 (base) Other current offering: Rusnak Jaguar, Pasadena, CA, http://jaguar.rusnakonline.com, asking $111,075 for a similar Burgundy (Caviar) over Black car with 5,421miles. 2011 BMW 750Li X-Drive Heineken. Cond: 2. SOLD AT $98,429. This Caddy came straight here from Bonhams' Rétromobile sale on February 5, 2011, three months and four miles ago, where it fetched $117,567 (SCM# 168820), and our reporter said, “Price aligned with a U.S. import.” This time it went much cheaper, for a seller's loss of $20k before you factor in his premium. The buyer got a deal. #157-1959 FORD FAIRLANE Skyliner convertible. S/N H9RW127491. Blue & white/blue steel/light blue & white vinyl. Odo: 57,552 miles. 352-ci V8, 2-bbl, auto. In good overall order, following restoration 2,000 miles ago. Straight body and good paint except for a few hairline cracks, though some trim on fins and trunk is squashed. Catalog pictures show it with roof up, down, and working, so yards of bly original passenger seat. NCRS sticker in window. Cond: 3+. NOT SOLD AT $49,000. This base-engined 1960 ‘Vette was bought in France in 1990 and is still French registered. Bidding stopped with a $49k phone bid against a needed $71k–$100k. Would've been market money in the U.S. #141-1964 SHELBY COBRA competi- tion roadster. S/N CSX2301 Eng. #5A22W. Viking Blue/black leather. Odo: 4,397 miles. 289-ci V8, 4-bbl, 4-sp. Left Thames Ditton on 20 January 1964, pressed into service as one of Shelby's racers. Most of it is rather new, having been heavily crashed in 1966. The remaining bits (not many) were rebuilt by Brian Angliss (owner of Autokraft, and later of the rights to AC) into basically a new car, as of 1980. Looks like a new resto, save light paint chipping on AMERICAN #130-1959 CADILLAC SERIES 62 convertible. S/N 59J132306. Red/white vinyl/red & white leather. Odo: 52,417 miles. 390-ci V8, 4-bbl, auto. Clean and straight with good chrome. Body repainted ten years ago, some new rubber. Original interior a little scruffy, with paint peeling in places and red carpet faded. Formerly in the collection of Alfred H. have been off their high of a few years ago, and as such, price paid here was about right.” This time bid about $10k light. #160-1960 CHEVROLET CORVETTE convertible. S/N 00867F104483. Silver & white/gray vinyl. 283-ci 230-hp V8, 4-bbl, auto. Good appearance and quite appealing. Paint and most trim good, one chip in leading edge of hood, some of front chrome a bit cloudy. H4 headlights. Has one split in proba- Date sold: 5/27/2011 eBay auction ID: 350461165884 Seller Type: Independent Dealer Seller: e-CarOne, Carrollton, TX, 800.704.1113, www.ecarone.com Sale Type: Used car with 19,763 miles. VIN: WBAKC8C56BC431561 Details: Blue Metallic over Crème leather. Twinturbo 4.4L V8 makes 400 hp. “NightVision w/pedest detection, Driver Assistance Package, Camera Package, Premium Sound Package, Comfort Access. Sale result: $76,450, 1 Buy-It-Now bid, sf 1028. MSRP: $89,400 (base) Other current offering: Fox Lake Toyota Scion, Fox Lake, IL, www.foxlaketoyota.com, asking $97,994 for an all-black car with 2,208 miles. ♦ 140 cables, rams and pulleys must be functional. With Cruise-O-Matic. Cond: 2-. NOT SOLD AT $30,000. Last sold at $33,930 at Bonhams' LeMay Museum sale in Tacoma, WA, in September 2010 (SCM# 165974), when our reporter wrote, “Very acceptable paint, nice interior, engine clean. Top trim dented, white walls yellowing. With Cruise-O-Matic. Slightly fewer than 13,000 Skyliners produced for '59. These back edge of driver's door. All racing toys are there, including silly modern mirrors, dustbinlid fuel filler cap, etc. Cond: 2. NOT SOLD AT $414,000. Brits get sniffy about Cobras being called Shelbys rather than ACs, but this had a CSX chassis number. Run by Radford Racing when it crashed, it went through the hands of Werner Oswald post-reconstruction. Unhelpfully, there has been one other car claiming this chassis number. As Jamie Knight said, “The market has spoken.” With 289 competition cars with good history hitting $1m, I'd say it was bid about right, and with FIA papers, the car can continue to be enjoyed on historic events.© Sports Car Market

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Bonhams & Butterfields Port Townsend, WA The Don and Lynette Short Collection The Short Collection grossed $1.4m, which mirrors the quality and quantity of collector cars extant in the rust-free Pacific Northwest Company Bonhams & Butterfields Date May 21, 2011 Location Port Townsend, WA Auctioneer Malcolm Barber Automotive lots sold / offered 24/29 Sales rate 83% Sales total $1,455,736 High sale 1920 Stutz Bearcat, sold at $260,000 Buyer's premium 1923 Stutz Special Six roadster—$106,470 Report and photos by Jack Tockston with select photos by Tony Piff Market opinions in italics D on Short spent the majority of his life collecting Stutz automobiles and parts. He and his wife Lynette were well known in the Washington area, taking their cars on countless touring events, and they liked to hunt for rare cars and parts together, Port Townsend, WA Studebaker, and Oldsmobile. Condition of the collection ranged from parts cars to museum-quality examples. Nearly all of them sold, with some bringing record-breaking prices. Malcolm Barber, Bonhams' CEO in America, performed auctioneer du- ties and kept proceedings moving quickly with trademark humor, dignity, and clarity. The collection, which had been in storage for a number of years, was washed for auction, but no real detailing had been done. However, it would take an entire summer to polish all that brass and brightwork, and I suspect the work would have been to little or no advantage. traveling to auctions around the country in search of rare pieces to add to the collection. Don passed away in 2002, but his collection of American classics stayed mostly intact until late May, when Bonhams & Butterfields was charged with its liquidation. It was a drizzly drive up the Olympic Peninsula to rural Jefferson County International Airport, where Bonhams was to conduct the sale. But it was easy to see why the Port Townsend Aero Museum had been selected as the backdrop for the event. Aircraft displays were removed to provide generous, clean surfaces for vehicle display, while restored vintage aircraft hung above, giving a period-correct ambiance. Vehicles were spaced at the perimeter and included an unheard of eight Stutz models, as well as (literally) tons of unobtainium parts related to the marque. Rounding out the docket were historically significant examples from Locomobile, Tourist, Mitchell, Lambert, Chalmers, Pierce-Arrow, Cadillac, Lincoln, Buick, 142 So why would a magazine with “Sports car” in its masthead care about early American cars? By any definition, many of these American companies produced what were then called “sporting” cars for the road or track. For example, Stutz machines competed at Le Mans and Indy (the latter being literally down the street from the Indiana factory). The 1912 Indy Pace Car was a Stutz driven Carl G. Fisher, the race promoter also credited as America's first car dealer. This justification also applies to the other brands at auction this day, since Henry Ford's mantra of “Race on Sunday, sell on Monday” was embraced throughout the industry's formative years. Ultimately, most of the nameplates featured this day were casualties of the Great Depression. Record-breaking sales of the auction included a 1920 Stutz Bearcat at $260,000, a 1921 Stutz Bulldog at $79,560, a 1929 Stutz Blackhawk Roadster at $161,000, a 1923 Stutz Special Six Roadster at $106,470, and a 1907 Locomobile at $155,500. The sale grossed $1.4m ($1.2m for cars and $200,000 for automobilia), which mirrors the quality and quantity of collector cars extant in the rust-free Pacific Northwest. With this event, their auction of the “Wally” Lewis Collection in Portland, Oregon on June 11th, and their contract to conduct annual collector car auctions at the LeMay Museum in Tacoma, Washington, it seems Bonhams' claim on this fertile car collecting region is firmly staked. ♦ Sports Car Market 17% on the first $100,000, 10% thereafter, included in sold prices

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Bonhams & Butterfields Port Townsend, WA AMERICAN #619-1907 LOCOMOBILE MODEL E touring. S/N 1402 Eng. # 1664. Maroon & black/black/black leather. RHD. Ex-William Harrah. Excellent paint, brass, top, tires, wood wheels, bulb horn. Gold pin-stripes outline most panels, suitcase strapped out back. Good tufted leather seats show minor wear, drumtype speedo stuck at 40 mph. Rear dual chain drive, cable brakes. Clean chassis and engine. A quality motorcar with design influences from Daimler and Panhard. Very nice. Cond: 2. and just as aerodynamic. Cond: 3+. SOLD AT $54,990. The Stutz had transaxles, this Tourist is mid-engined—makes one wonder what's really new today. This exceptionally rare “motorcar” screams “Currier and Ives Holiday Calendar,” though it was manufactured in snow-less Los Angeles, California. In recent years, it's been displayed at this auction's venue among restored vintage aircraft. The winning bid was just under the low estimate, making this an exceptionally astute Brass Era buy. #626-1911 BUICK MODEL 21 touring. S/N N/A Eng. # 824. Green. RHD. Bare chassis freshly restored in black, as-new wood-spoke wheels in straw yellow, no tires. Wood body shell nicely restored in bright green (surprising if original, as claimed). No front fenders, unrestored rears, radiator rebuilt. No interior bits other than steering column. Unrestored engine included on pallet, condition unknown. A major project offered on bill of sale. Titled by engine brass. Luxurious then and now. Engine appears original, seeping oil via exposed rockers. Fitted with four 28” wooden artillery wheels (36x4” tires), plus side-mounted spare. Titled by engine no. Cond: 3+. SOLD AT $67,860. Buick made just 905 Model 39s of this top-of-the-line tourer as an attempt to move the brand upscale. (A pre-war version of “Wouldn't you rather have a Buick?”) This was a presentable restoration showing its age that could be enjoyed and maintained as-is until the next re-do. An excellent value at under the $70k low pre-sale estimate. #618-1911 MITCHELL MODEL T tour- ing. S/N 118410. White & black/black/black leather. RHD. Another long-dormant project. White & black paint in poor shape. Brass gas lighting present, no windshield glass, top in tatters with leather seats to match. Tool box on running board, battery box empty. Engine filthy but appears complete. Could be restored with considerable effort for possible return to Racine, Wisconsin, the car's birthplace. On hard black Firestone “No Skid” tires. Cond: 4. SOLD AT $25,740. Better than a pile of parts, SOLD AT $155,500. Reportedly one of Bill Harrah's favorites and kept at his Nevada ranch. Back in the day, Locomobile set the American standard for quality and engineering with the Model E. Relatively light and perky, its handling was even considered “sporty.” When introduced in 1905, price was $3,000, an enormous sum for the most conspicuous of consumers. One of the best brass cars offered this day, and surpassed previous record of $125k. Well bought and sold, in light of condition. #616-1907 TOURIST MODEL K tour- ing. S/N 1921. White/tan/brown leather. RHD. Imposing and tall, could never enter standard height garage. Good white paint shows some chips, scuffs, with brushed brown pin stripe accents. Pale yellow chassis paint peeling, some road grime. Extensive brass trimmings and equipment, bulb horn, all in excellent condition. Body metal corroding away under left rear door. Good leather seating, excellent wood trim. Tool box on left running board. Hidden mid-oriented engine drives single chain to rear wheels. An impressive tour car, big as a barn number. Cond: 5+. SOLD AT $9,360. A Brass Era motorcar with no brass included. As shown, this amounted to a 1911 kit car with the box open and parts lost over decades. Finding replacements will be a time-consuming and expensive challenge unless one already has known sources. Price approached the $10k low estimate, which seemed spendy for what was there. Well sold. ger tourer. S/N N/A Eng. # 824. Maroon & black/black/black #622-1911 BUICK MODEL 39 5-passenleather. RHD. Odo: 819 miles. Paint fair, some orange peel over minimally prepared surfaces, shallow dents in hood, pin-striped highlights. Various screws missing from panels and running boards. Very good top and brass. Serviceable leather seating with joined chair-like fronts and bench rear, original woodwork has delightful patina, some edged in but not by much, as this one needed everything. Attractive period style, but as often overheard today (and probably then), “All these cars look the same.” Nothing technically interesting here, just a good restoration challenge of a rare marque that died in the post-war recession. Worldwide Auctioneers just sold a 1910 Mitchell at their Seabrook, TX, sale on May 1, 2011, for $220k (SCM# 162589), so it's just a question of keeping the restoration costs under $200k. #621-1915 CHALMERS MODEL 29 5-passenger touring. S/N 45876 Eng. # 29A94. Yellow/black/black leather. RHD. Odo: 2,285 miles. Bright yellow paint of good quality, left front fender paint age-cracked (others 144 Sports Car Market

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Bonhams & Butterfields Port Townsend, WA fine). Wood-spoke wheels painted to match bright body color, noticeable dearth of chrome. Top excellent. Features etched-glass wind wings and rear-mounted spare. Servicable diamond-tufted leather seating, transmission access through front floor removed, as is top of transmission turning rear chain drive. Engine dusty and original with two spark plugs per cylinder, electric starter, and lighting. Big, bright, and HCCA-recognized. Cond: 3+. SOLD AT $67,860. The racy torpedo body, big engine, and four-speed gearbox means gearheads were on the design staff. Mis-cataloged and corrected on the podium as a Model 29. This flashy car appeared in serviceable condition (assuming no drivetrain issues) and found a new caretaker with a bid Bonhams claimed to be a new record. Well bought and sold. #603-1918 STUTZ BEARCAT roadster. S/N S1462 Eng. # 6018. Yellow. Basically a body shell sitting loose on frame. Slap-dash yellow enamel containing dirt over casual metal preparation. Headlights and windshield frame present, but no glass. Amateur wood framing, three shabby fenders along with a few minor bits. Engine has manifolds, carburetor, distributor, starter, grime, and unknown internal condition. No interior, instruments, or steering wheel. A challenging project with driver-grade motorcar with big displacement engine and small horsepower brought spirited bidding to finish under the expected low estimate. Not for show in this condition, but at this price, there's little downside. An astute buy well under market. #602-1920 STUTZ BEARCAT roadster. S/N 6425 Eng. # 6478. Red & black/black/brown leather. RHD. Odo: 11,390 miles. Ex-William Harrah when near mint. Now has wavy panels, paint chips, minor peeling. Chassis shows road use, yellowed whitewalls, large black-and- chrome headlights with multi-bubbled glass lenses which must cast an interesting pattern, rear-mounted spare over vulnerable-looking gas tank. RHD with shifter outside beneath single spotlight, Newton “Ah-oogh” horn ahead. Seats heavily creased, worn wood steer- ing on chassis. A sporty tourer. Cond: 2-. SOLD AT $21,060. This nicely restored car, with lines reminiscent of Stutz, would be ready for touring after minor service. Presented as an EL model, research indicates it is probably an EJ, since the former wasn't available until 1924. Regardless, this was an impressive car to behold, and the buyer got a good value with a closing bid under low estimate. Well bought. #604-1921 STUTZ BULLDOG tourer. S/N K10348 Eng. # 10304. Maroon & black/black/black leather. RHD. Odo: 32,963 miles. Tired paint, many chips, peeling left front door and seams. Vinyl top looks original, tape-patched left front leather bolster, tired and bare “bear skin carpet” on rear floor, no side curtains present. Right-hand drive, same engine and running gear as Bearcat with room for family. Equipped with trunk rack, dual rearmounted spares, Boyce Motometer with Stutz much to be done. Cond: 4-. SOLD AT $23,400. Nice in profile at 30 feet with bright yellow paint, presumably applied for catalog purposes. What little has been done will need to be reversed, along with a search of the universe for rare and expensive missing items. It will be interesting to hear the future of this example: 100% restoration, unfinished money pit, or garden planter. Offered on bill of sale, this pile of parts barely brought the low pre-sale estimate, but it sold. #614-1919 PIERCE-ARROW SERIES 31 tourer. S/N 311365 Eng. # 311365. Green & black/black/black leather. RHD. Odo: 1,398 miles. An older restoration, now a driver. Numerous paint chips, Bondo ripples on both sides, nickel plating fading. Marque-distinctive headlights flaired into fenders, unusual bustle design on rear. Interior has serviceable front bucket seats, bench in rear, dual straps fastened to headliner to hold cowboy hats. Engine appears original, dirty, chassis paint peeling. On Goodyear “Silvertown Cord” wide whites. Dual spares on rear—one white rubber, other crudely brushed white. Cond: 3-. SOLD AT $141,200. Ideal for a lotto-winning rural mail carrier, being right-hand drive and periodcorrect postal green. Regardless, this large 146 ing wheel, scuffed flooring. Engine dusty, appears complete. A museum-quality example that was subsequently driven and enjoyed. Cond: 2-. SOLD AT $260,000. Acquired at the 1976 Harrah auction for $18,500. Don Short enjoyed this car as a nice “driver,” once being clocked at 105 mph by un-amused police! Surviving Bearcats number around 20, and this one could be driven without cardiac concerns over added road rash. Smartly purchased by a bidder in the room who also attended the 1976 Harrah sale only to lose out to Don Short. A dream achieved at a record price. (Previous high for this model was $65,625.) Well sold. #620-1921 STUDEBAKER MODEL EL Series 22 touring. S/N 9031241819 Eng. # BG72650. Maroon & black/black/black leather. Odo: 26,612 miles. A quality restoration with excellent paint, chrome, panel fit, and glass. Dual sidemounts fitted, six steel disk-type wheels in contrasting yellow, four step plates on nice running boards. Leather shows minor wear, excellent wood steering wheel, attractive wood dash and instruments with drum-type speedo, clock. Engine compartment dusty, appears complete and original. Minor paint peel- emblem, dirty running boards, four step plates, dusty engine compartment, rear brakes only. A well-used example with Survivor vibe, would be a decent basis for full restoration, or touring post-recommissioning. Cond: 3. SOLD AT $79,560. Said to be Don Short's first Stutz and the one that sparked his interest in car collecting. With four doors and increased accommodations, it's not as sporty as a Bearcat, but the entry fee is much smaller. Despite condition, its potential nonetheless resulted in a record price almost twice the previous record ($44,650 for this model). Well sold. #613-1922 LINCOLN MODEL L pha- eton. S/N 6447 Eng. # 6447. Blue/black/black leather. Odo: 88,163 miles. An older restoration that will soon need a re-do. Blue paint on hood and cowl darker than remainder, minor paint chips reflect use and garage storage, some waves in side panels and cowl lights. Thin plating on radiator, rust starting at seams. Left front door won't close completely. Excellent top and leather interior. Chassis dusty with Sports Car Market

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Bonhams & Butterfields Port Townsend, WA tation, this rare roadster gave an impression of respectful, life-long maintenance and enough timeless eyeball to light the room and open wallets wide. Of all the Stutz models present, this was the one I'd choose to bring home. Others thought the same, and spirited bidding sent the price beyond the high estimate and previous auction record of $44,000. Justifiably well bought and sold. #601-1929 STUTZ BLACKHAWK peeling paint. Equipped with rear-mounted spare, step plates for front doors only. On blackwall tires. Nice “parade car” vibe. Cond: 3-. SOLD AT $58,500. Designed and built by Henry M. Leland, who named this marque in honor of Abraham from Illinois. Henry Ford bought Leland's company on February 4, 1922, at a bargain $8 million, making the Lincoln auctioned here one of the last bearing Leland's influence. Bidding was brisk to $58,500, and both seller and buyer should be pleased with the result. #605-1923 STUTZ SPECIAL SIX road- ster. S/N N/A Eng. # 400024. Maroon & black/black/brown leather. Odo: 93,065 miles. Believed only example remaining. Excellent paint throughout, yellow beveled-glass rear beltline pinstripe matches wheels and sidemount spare. Very good plating and panel fit. Top looks new, with oval window. Well- maintained original Spanish leather seating is excellent, refinished wood steering wheel, instrument panel complete and immaculate. Engine presents as new and original. Clean shows no drips or leaks. Equipped with dual sidemounts, dual spotlights, matching trunk on rear rack, wind wings, golf bag door. Ready for touring as-is, or for the show field with minor chassis detailing. Cond: speedster. S/N 16858 Eng. # 16858. Burgundy & maroon/black/dark red leather. Odo: 6,241 miles. Aluminum LeBaron coachwork, nearperfect paint, excellent panel fit. Top in good condition. Chassis shows light road use. Interior as-new, marvelous view through “chopped” windshield, with light pitting on inside chrome surround. Perfect steering wheel. Immaculate original engine compartment Spare rear-mounted, golf door right rear quarter, dual chrome horns, landau bars for top movement. Tidy engine original save for change to downdraft carburetor. Wood-spoked wheels with Lester wide whites. Large, long, impressive and probably a great driver. Needs nothing except a new owner. Titled by engine no. Cond: 2. SOLD AT $65,520. With its light color, black fenders, wide whitewall tires, and red interior, this no-needs example drew admirers all day. The elegant, sporty convertible coupe stood out here and against Cadillac's more conservative models in period. In January, Barrett-Jackson sold a '31 355 A with needs in condition 3- for $71,500 at their Scottsdale auction (SCM# 169404), making this one an exceptional value. My pick for best buy of the auction. #609-1937 BUICK MODEL 40-C 4-dr convertible. Black/white/medium 1-. SOLD AT $161,000. This rare stunner had purposeful presence and excellent condition going for it. Far East and European bidders on the phones and online battled with those in the room, one of whom clinched the final bid with a recordsetting wave. (Previous record sale was $92,000.) Well sold. BEST BUY chassis shows no drips or errors. Dual cowl lights, newer Lester whitewall tires (6.00/6.50/20). Titled by engine number. Cond: 1-. SOLD AT $106,470. With excellent presen- #612-1931 CADILLAC 355 A convertible. S/N N/A Eng. # 804429. Pale yellow & black/tan/red leather. Odo: 66,192 miles. Magnificent presence. Excellent paint shows minor chips on door edges. Superb panel fit, doors close with a click. Immaculate dark red leather interior, including seats and doors, mint black-faced instruments on dash. cases, whitewall tires on steel rims with bright trim rings. Presents well, holds whole family for summer top-down cruising. Cond: 3+. SOLD AT $52,650. An Art Deco cruiser with original vacuum tube radio that may only know Glenn Miller tunes. A triumph of Harley Earl design (explaining why it looks like a Caddy), and weighing 3,380 pounds, a 4.44:1 rear end ratio was required for 100 hp to make it scoot. Detailing and minor re-commissioning would make this one perfect for cruising coastal Highway 1. An exceptional value obtained at about $20k above old record price. Well bought and sold. © 148 Sports Car Market S/N 3166867. brown leather. Odo: 24,270 miles. An imposing presence. Older restoration, stone chips in good paint indicate use. Excellent chrome inside and out, good glass and panel fit, doors click shut properly. White convertible top soiled from storage. Engine compartment original and in need of cleaning, Optima battery fitted. Equipped with dual auxiliary lights, dual sidemounts in steel

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eBay Motors Online Sales Monstrous Mongrels Call it right. Call it wrong. Just don't call it late for dinner. It'll be very angry and may drive over your Prius Report by Geoff Archer Market opinions in italics T his month we survey a selection of 4x4 one-offs that offer mud-bogging functionality without sacrificing classic sports car style. Just remember: a double-height lift kit and 46-inch wheels doesn't mean that other drivers won't still be looking down at you. 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) #160483588765-1958 vinyl. HUSKY Custom 4x4 wagon. S/N N/A. Orange & cream/black HILLMAN 13 Photos. Guilderland, NY. “Assembled on a Jeep CJ5 chassis. Show quality paint. All door and window rubber is new, interior is completely new, perfect and very comfortable with black pleats, orange piping, seatbelts, and remote AM/FM/ CD Stereo. Glass is new and perfect.” Buick V6 is “very fast, with tons of torque. I have never hit the NOS button, it was most likely overkill, but the bottle is full. This is a well 1974+ bumpers. “Built in the '70s when these cars were not rare. I did not build this car but it is well built with a complete custom frame welded through the MGB. Engine and all running gear is CJ5. Overall condition is fair due to sitting for years. The radiator is in the trunk and there is an air scoop under the car that feeds it. Just imagine showing up to the trail in this.” is original 78 CJ5 (3 speed). Title is “Modified.” The car is inspected and street legal. 0 bids. sf 9. Cond: 3+. NOT SOLD AT $15,000. How about we jack up a Corvette Sting Ray and paint it like a German WWII Kubelwagen? Wait, that would make no sense and appeal to no one. My point is that this patriotic paint scheme is idiotic on an import car. For every luddite who thinks this is a ‘Vette, there will be just as many confused cognoscenti. Undo the paint scheme fail, and this tidy Opeep might sell for half of the $15k Buy-It-Now. Otherwise you can just keep trying to explain it. #120418039471-1991 VOLKSWAGEN GOLF Syncro “Country” sedan. S/N WVWZZZ1GZMW566065. Metallic teal/gray cloth. Odo: 116,200 miles. 21 Photos. Vancouver, BC. One of “less than 4,000 built” with AWD, bull bars, ample ground clearance, and external tire carrier. “Exported to Japan new in 1991 and I imported the car from Japan in October 2008. It's registered in British built, crowd pleasing, award winning vehicle.” 3 bids. sf 1665. Cond: 2. NOT SOLD AT $5,277. Although bizarre and likely a world first, this combination ends up looking like an older Lada Niva. If that reference is lost on you, then you are probably not in the target market, but you would still have to give a nod to the craftsmanship evidenced here. In light of that, these bids were well refused. $15k Buy-ItNow will probably be hard to attain outside of a U.K.-based Jeep Jamboree, but five figures are definitely in order. #300489540822-1975 MG B Custom 4x4 convertible. S/N MGB084324. Black/black vinyl/black vinyl. 15 Photos. Melrose Place, PA. Titled as a “1965 MGB” despite rubber 150 No mention of engine specs, other than listing it as a V8. 17 bids. sf 97. Cond: 4. SOLD AT $1,525. Forget the trail. Imagine Publisher Martin showing up to the MG meet in Reno in this! Cooler than all three of the SCM MGBs put together (vertically, of course) this might have been a good deal on a great use of a rubber bumper B body (if the Jeep drivetrain proves solid). C'mon British car purists, think positively. We can just imagine that the engine and trans went on to pluck up a Metropolitan, the suspension into a Super 7 kit, and the Rostyle wheels underpin a Cortina 1600E... #300323223948-1969 OPEL GT Custom 4x4 coupe. S/N N/A. Red, white, & blue/red & black vinyl. 13 Photos. Weatherly, PA. Built on “a 1985 CJ7 Jeep frame and a 1978 CJ5 Jeep drivetrain.” Many new parts, including “red underglo kit” and an “11 inch high rear spoiler.” Paint condition not described, but if the spoiler Columbia and currently insured and driven daily. The paint is original and shines, there's no rust on the body whatsoever. Seats are in is new then it is probably decent. “The engine is a new crate engine, a 258 cubic inch straight 6 cylinder with 200 miles clocked since building the vehicle. Transmission and transfer case very good shape except for some wear on driver's seat. No burning oil, noisy lifters, whining transmission, slipping clutch, squeaky brakes or body rattles.” 1 Best-Offer bid. sf 42. Cond: 3. SOLD AT $6,750. I fondly recall seeing these all over Germany while I was backpacking there in the '90s. This now cheap Sports Car Market

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eBay Motors Online Sales looking teal was the most common color, although black ones can be found. Did it portend the ‘Cute Ute' CUV phenomenon? Was just a rare factory foray into the freakish fantasies of preppy high school-aged car lovers? Hard to say, but it sure is a whole lot cooler than a CR-V or a RAV4 for the same money. Informed choice; Fair price. #250301876712-1978 FIAT X1/9 Custom 4x4 Dually targa. S/N N/A. Primer gray/red leather. 24 Photos & 3 videos. Erwin, TN. Based “on a ford F350 frame that has been shortened. It needs to be finished. Body looks to be in really good condition. Gas tank is a homemade one but works just fine. 351-ci V8 and 4-speed tranny. Gets A LOT of looks. Has the granny 4 speed and one heck of a hitch on the back. I have tried to get this car from the guy who built it for the past 3 years and just when I finally get it my wife tells me that we might be having an addition to the family.” 12 some growl.” 41 bids. sf 11. Cond: 3+. SOLD AT $15,000. Clearly a lot of people thought this was a compelling combination. A nice TriFive Chevy wagon is always going to appeal to a broad base of potential buyers. However, it would certainly be worth a lot more now and in the future if it had not been mutated in this way. Knowing this is only slightly more annoying than hearing all the car show attendees tell you that you shouldn't have defiled a classic for this end. This price is a solid 20-year prediction. In other words, well sold. #260547851945-1968 CADILLAC ELDORADO Custom 4x4 coupe. S/N H8300879. Burgundy metallic/gray racing seats. 20 Photos. Valparaiso, IN. “Body perched on top of a '68 Chevy Suburban, which was shortened 6 inches. Body and paint presentable at a distance but show work needed up close. The original floor pans were replaced with fabricated sheet metal to accommodate the transfer case and shifter.” 396-ci big-block V8, mechanics have various and sundry mechanical needs. “Never been beaten, abused, or off-road Not that an ironist would even acknowledge a monster car, but there is something quite ironic about this one: This Monstang's appeal is all eyeball, yet what impedes the sale is the lack of attention to cosmetics. People don't drive things like this because they have new weatherstripping or carpet. $500 spent at your cheapest paint shop to hide the rust might get this over the block... well, that, a low opener, and a tempting reserve. In the meantime, it sure is fun to look at—from 1,500 miles away. #250769783277-1975 CHEVROLET CAMARO Custom 4x4 coupe. S/N 1Q8785N567345. Yellow/black vinyl. Odo: 32,000 miles. 16 Photos. Valley Stream, NY. “Very well built truck turns heads everywhere. previous owner had about 17 grand invested. Nice paint work. Leather is all nice and redone. Lifted on blazer chassis, has [freshly built] 427 big block. Three-speed shift tranny. Mickey Thompson tires with 100% tread left. Needs nothing mechanically. Never gave me any bids. sf 60. Cond: 5+. NOT SOLD AT $1,001. I don't think any of us would have guessed that if an X 1/9 and an F350 came together that the Bertone body would come out on top. We would definitely have guessed that such a combination would be a hard sell, however. Having any sort of reserve on this auction was folly, but it might have signaled that our seller was pulling the classic, “Honey I tied to sell the car, but I am not going to give it away” we often see with marriage-related listings. In the end, giving it away might seem like a good idea, since the IRS closed that donation loophole... #180520983857-1957 CHEVROLET BEL AIR Custom 4x4 wagon. S/N N/A. Metallic Blue/gray leather & velour. Odo: 65,000 miles. 23 Photos. Glen Ellyn, IL. “Call it right. Call it wrong. Just don't call it late for dinner. It'll be very angry and may drive over your Prius. She started out as a '57 Chevy Bel Air. She met her mate an F250 4x4 short bed pickup and the two were hitched. Body is solid with some rough paint spots, but not rot or serious rust. Floors solid. None of the original '57 body mounts were altered during the union. It in any way. It was built just for cruising, although I would trust it to drive anywhere in the USA.” 28 bids. sf 575. Cond: 3-. SOLD AT $4,050. Like a massive automotive example of “what not to wear,” this seller painted his Monster Cadillac in a popular minivan/nailpolish color. There is no animal skull tied to the hood. In fact, there is no leopard or zebra print in sight. And, worst of all, all this work was done to a coupe. Did he not have a Sawzall? Price was fair, but like the car itself, way short of its potential. #120729640957-1971 FORD MUSTANG Custom 4x4 fastback. S/N 1F02H128593. Orange & black/black vinyl. Odo: 1,500 miles. 24 Photos. Des Moines, IA. Built “on a 1978 F350 4x4 chassis. 46” tires. This thing is awesome! This was my daily driver for 2 years.” Nasty looking rust bubbling through. Sagging door gaps (go figure.) “Needs some bodywork and paint, it has a 20-20 paint job. (looks good at 20' and 20 miles per hour).” Lots new, in- problems.” 1 Buy-It-Now bid. sf 0. Cond: 3+. SOLD AT $7,900. The execution of this classic Monster Car frame and body combination was abnormally nice. The seller does explain that it can be flatbedded, which seems to imply that it is a Monster Car trailer queen if there ever was such a thing. High bid (in this vehicle category) confirms desirability but likely did not yield any surplus. Nice price on a nice Blamaro. #330345564434-1980 OLDSMOBILE CUTLASS SUPREME Custom 4x4 coupe. S/N N/A. Black/black cloth. 24 Photos. Monroe, NY. Four wheel steering, because each end of the car is supported with the front end of a Chevy Blazer. Chopped roof. Paint looks nice. Huge chrome tunnel ram intake with turquoise butterflies sticking through hood. Diamond plate inner fenders, yellow offroad shocks. Chevy 350 with two 650 Holleys, TH350 auto. “This has won many trophies and has a big block 400 with an Edelbrock racing carb. Mild cam and glasspacks give it an awe- August 2011 cluding “weatherstripping all the way around, carpet, new gauges. Almost everything under the hood is new. Rebuilt 460 big block motor. Mechanically sound. Drive across country safe. 0 bids. sf 70. Cond: 4. NOT SOLD AT $9,000. creates crowds everywhere it goes. Owned by a mechanic and has been babied.” 20 bids. sf 410. Cond: 2. SOLD AT $14,000. This frankenthing makes Whistler's Mother look like a Pirelli calendar girl. At least we know it was relisted six months later, resulting in a no sale at $3,548. Phew, I thought all that 2012 magnetic pole shifting cataclysm stuff was off to an early start. Personally, I won't be sold on this at any price. © 151

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Mystery Photo Answers Comments With Your Renewal Great Mag–love the motor- Think getting three MGBs to Reno is tough? Imagine what the Italian team endured to get to the National Chili Cook-off in Mechanicsburg, PA.—Mike Buettell, Friday Harbor, WA Fiat's chief engineer Luigi, felt this concept could possibly address the X1/9's lagging sales and reliability issues.—Pat Hamlin, Thousand Oaks, CA Presenting the Giorgio Foreman Grill.—Erik Olson, Dublin, CA Fiat's new Coleman Camp Cook trailer.—Lance Lambert, Seattle, WA Fiat: Food In A Trunk— Lance Lambert, Seattle, WA Bertone is pronounced “Burt Tony.”—Kai Savi, Golden, CO Instead of dialing “2” for RUNNER-UP: Flambé It Again, Tony.—Cason Grover, Nashville, TN Unquestionably the highest and best use for the X1/9.—Rick Lam, via email That's one way to soup up a Fiat!—Eric Gustafson, Long Beach, CA Gino left the car with Tony at the shop, with somewhat vague instructions to “once and for all resolve the reliability issues.”—Pat Hamlin, Thousand Oaks, CA The caution tape should have been my first clue that the was not going to be an ordinary street food experience.—David Wright, Danville, CA Fry it again, Tony!—Robert Savi, Denver, CO Fiat's aviation division, Jim pressed “3” for Fiat's camping supplies, but he still received an X1/9 afterburner.—Keith Parsons, Grantsboro, NC The Italian design cues are unmistakable, but this Lunchia often gets mistaken for a Fryerrari.—Chris Racelis, LaGrange, IL I didn't mean dinner when I said “Fix It Again Tony”!—Steve Ferrara, via email Get in line—the authentic Italian mobile soup kitchen has just arrived. A very special Fiat soup is being served.—Bob Nicholson, San Francisco, CA The Fiat X 1/9 Racing Team didn't place in the Terlingua Race but did win 1st Place later that day at the Terlingua Chili Cook-off with a tasty BBQ Spaghetti.—Phil Schroeder, Platte City, MO This photo appears in the This Month's Mystery Photo Response Deadline: July 25, 2011 Our Photo, Your Caption Be the author of the most accurate, creative, or provocative response and receive a Sports Car Market cap. Ties will be arbitrarily and capriciously decided. Fax your response to 503.253.2234; email: mysteryphoto@sportscar- market.com; snail mail: Mystery, P.O. Box 4797, Portland, OR 97208-4797. Please include your name and contact information. Send us your mystery photo. If we use it, you'll also get an official SCM cap. Email photos at 300 dpi in JPEG format. 152 Fiat service bulletin titled: “Too hot” as part of the instructions on how to best rectify the prone-tooverheating X1/9.—Rick Lam, via email “This is nothing. The front is a gelato counter,” Luigi told us.—Pentwater Family Practice, Pentwater, MI An Italian mobile meth lab.—David Libby, West Des Moines, IA Chronic overheating problems of the Fiat X1/9 made it a popular cycle coverage.—Walt Mainberger, Sarasota, FL. Thanks Walt. We sneak the motorcycle stuff past Executive Editor Chester Allen, who always says the same thing: “This is Sports Car Market, not Motorcycle Market.” It is fun to be the publisher and get my own way at least 50% of the time.—KM Read it cover to cover each month. From watches, to bikes, to international coverage SCM can't be beat.— Michael Thornton, Sanger, CA Make occasional access to database an option. Three to five times a year is all I would want as a non-pro hobbyist. Not worth the Platinum level for my level of collection. Like a “Silver” option.—Bill Doyle, Newport, RI. Thanks for the suggestion Bill. We'll think about this option.—KM Love the magazine. How come we never see Lotus described or discussed? I like the eBay automobilia page but the writer focuses too much on signs.—Carl Dreher, Dallas, TX. Thanks, Carl. We cover Lotus cars quite a bit in the auction reports, but we haven't done a Lotus profile recently. Did you note the glowing words about SCM's 2006 Lotus Elise on p. 14 of the September 2010 issue? Yes, that was about a year ago, but we still have the car—and we still love it. Carl Bomstead, our great eWatch writer, does cover a lot of signs, as they are a big part of the automobilia scene.—KM Keep up the excellent writing. Please, more “vintage” Bentley coverage.—Roger Noble, Simsbury, CT And thanks to all of you for your thoughtful comments and your renewals.—Keith Martin choice for the auto-to-mobile stove conversion shops.—Dale Rowe, Raleigh, NC Team Al Dente always pits early.—Graham Bouton, via email It certainly gives new mean- ing to the steamer trunk.—Al Zim, via email Not another budget Tifosi tailgate party! Those Ferrari guys have really lost their edge!— George Conrad, Huron, OH Recently spotted at auction: the Euro-market-only Fiat X 1/9th.—Roger Shadel, via email Fiat! The official barbecue of NASCAR.—David Wright, Danville, CA Fiat's model X1/9 portable cook tops were admittedly sleek, but were dogged with reliability issues.—Pat Hamlin, Thousand Oaks, CA Mike Buettell wins an official Sports Car Market cap for his ability to tie one of Publisher Martin's harebrained schemes into the hot rear end of an Italian sports car. © Sports Car Market

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SCM Weekly April 29th (960 total votes) What will be the high sale at RM's Villa d'Este sale? A. 1957 Ferrari TRC Spider (3.8m-$4.8m): 6.7% B. 1937 Bugatti Type 57SC Atalante Coupe ($4.9m-$6.3m): 50% C.1965 Ford GT40 Works Prototype Roadster ($3.5m-$4.3m): 16.7% D. 1937 Mercedes-Benz 540K Cabriolet A ($1.9m-$2.7m): 3.3% E. 1955 Ferrari 375 MM Berlinetta ($4.7m$6.2m): 23.3% (The actual high sale was the Ferrari 375 MM at $4.8m.) April 22nd (1,106 total votes) What's the best investment for a British roadster? A. $50k 1963 Austin-Healey 3000 Mk III BJ8: 45.3% B. $35k 1962 MG A Mk II DeLuxe: 8.5% C. $25k 1957 Triumph TR3A: 16% D. $20k 1969 Lotus Elan Series 4: 30.2% April 15th (1,074 total votes) Which vintage VW is the best buy in the current market? A. $12k 1950 Volkswagen Beetle “SplitWindow” : 32.4% B. $10k 1960 Volkswagen Karmann Ghia: 36.5% C.$30k 1964 Volkswagen 21-Window Samba Bus: 14.8% D. $13k 1969 Volkswagen Thing: 4.1% E. $5k 1971 Volkswagen “Squareback” Wagon: 12.2% April 11th (842 total votes) What will be the high sale at Bonhams & Butterfield's Portland Auction? A. 1955 Chevrolet Bel Air convertible with 37 options: 21.4% B. 1957 Chevrolet Corvette roadster Fuelie: 54.8% C.1962 Chevrolet Impala SS 409 convertible with 4-speed: 23.8% D. 1995 Chevrolet Corvette ZR-1 coupe, 7,500 miles from new: 0% (The 1957 Corvette roadster Fuelie was the actual high sale at $99,450.) market.com or in your SCM Weekly Insider e-newsletter. Vote on the latest poll at www.sportscarAugust 2011 153 Poll Results Each Tuesday morning in our free SCM Weekly Insider e-newsletter, we conduct a poll. Here's how you responded:

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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 classifieds@sportscarmarket.com. We will call for your VISA/MC. Fax: Attention Showcase, to 503.253.2234 with VISA/MC. Snailmail: Showcase, PO Box 4797, Portland, OR 97208-4797, with VISA/MC or check. 25 words max, subject to editing. Deadline: 1st of each month, one month prior to publication. Advertisers assume all liability for the content of their advertisements. The publisher of Sports Car Market Magazine is not responsible for any omissions, erroneous, false and/or misleading statements of its advertisers. English 1928 Rolls-Royce Phantom I Ascot Dual Cowl Phaeton 1963 Bentley S3 Continental Mulliner Park Ward 7 month restoration, over $12k spent. New top, interior, carpeting, and rubber moldings on windows. Total repaint, bumpers, recent tune-up with all OEM parts. Runs and looks magnificent. Michelin tires. $10,328. Contact Ken- 973.454.9009, email: mokenb@aol.com. (NJ) German 1954 Porsche 356 Pre-A Speedster Diamond Black with black leather interior. Complete mechanical restoration by Frank Fahey Motorsports (receipts totaling $32k), bare metal re-spray on no rust body using top quality German paint, BBS wheels with new BFG performance tires. No issues and everything works exactly as it should. Please call/text. $24,950. Contact Jeff- 503.869.4127, 2001 BMW Z8 A rare opportunity to own one of the most exciting Rolls-Royce motorcars with a unique history. Epitomizing the motorcar luxury and style of the Roaring 20's, it was featured in the film “The Great Gatsby” with Robert Redford and Mia Farrow. Charles S. Crail Automobiles Contact Charles- 805.568.1934, email: eenberg@msn.com. Website: www.charlescrail.com. 1935 Bentley 3 1/2 Litre Elegant one-off body by Kellner of Paris. Original tools, tea service and fitted luggage. Payne electric overdrive. $375,000. Contact Fantasy- 510.653.7555, email: sales@fantasyjunction.com. Website: www. fantasyjunction.com. (CA) 1936 Bentley 4 1/4 Litre Tourer One owner from new, 60,000 original miles. 100% original and beautifully maintained. All documents back to new, original manuals and tools. Finished in dark blue w/incredible original red leather. Call for complete details. Matthew deGarmo Ltd. $21,500. Contact Matthew- 203.852.1670, email: Matt@ deGarmoLtd.com. Website: www.deGarmoLtd. com. (CT) 1966 Rolls-Royce Silver Cloud III convertible Beautiful condition. Among the last truly coach built Bentleys. $7,256 in fresh service receipts. New boot and tires. Green. $158,500. Contact Fantasy510.653.7555, email: sales@fantasyjunction.com. Website: www.fantasyjunction.com. (CA) 1964 Jaguar Mk X Rotisserie restoration 11 years ago. Driven 50 miles since. Original matching numbers hood, doors, decklid, i.d. plate. Looks, runs, and drives new. Coventry Restorations. $135,000. Contact Ross570.288.2881, (PA) 1961 Mercedes-Benz 300SL roadster 400hp/5-spd. All original flawless condition w/two roofs, boxed build book, hard top dolly, car covers, and correct scale model. Less than 3,500 miles since new, always stored indoors, heated, washed and waxed. Part of Iconic German Car collection. $125,000. Contact Paul- 505.699.8608, Italian 1972 Intermeccanica Italia coupe Stunning California from new. Beautifully restored. Silver, red leather, luggage, tools, books. Fully sorted fro real driving and show quality for hoarding trophies. Call for complete details. Matthew L deGarmo Ltd. Contact Matthew- 203.852.1670, email: Matt@deGarmoLtd.com. Website: www. deGarmoLtd.com. (CT) 1969 Mercedes-Benz 280SE coupe Original owner, 32,000 miles, black leather interior, Ford Cleveland high performance, no rust, always garaged, everything works. $24,000. Contact Garland- 503.512.7544, email: garland_hep@ msn.com. (OR) Original chassis and matching engine with lovely touring body built in the UK in the 1950s. A superb car that's a rally/tour veteran. Drives flawlessly, cosmetically gorgeous. Turn key and ready to enjoy. Please call for complete details. Matthew L. deGarmo Ltd. Contact Matthew- 203.852.1670, email: Matt@deGarmoLtd.com. Website: www. deGarmoLtd.com. (CT) By Mulliner Park Ward. Black with tan leather, black piping and burr walnut accents. Full history, tools and factory air conditioning. 47k miles. Probably finest Silver Cloud III convertible in existence. Charles S. Crail Automobiles. Contact Charles805.568.1934, email: eenberg@msn.com. Website: www.charlescrail.com. Japanese 2002 Mazda Miata Special Edition One owner from new until one year ago. Factory special ordered with electric sunroof, 4 speed transmission and special color combination of gray beige with dark green leather. Fully documented service history. All original books and tools, original Becker radio. A superb car that drives as new. Matthew L deGarmo Ltd. $35,000. Contact Matthew203.852.1670, email: Matt@deGarmoLtd.com. Website: www.deGarmoLtd.com. (CT) Fresh Eskuche rebuild. 2.0-liter. 8 extra wheels/ tires. Extra Daytona rear end and light bar. $69,000. Contact Stephen- 920.707.4620, (WI) 1985 BMW M6/M635CSi Euro 1967 Morris Minor 1000 convertible 1969 Porsche 911R replica 1 of 1,500 produced. Titanium gray/saddle brown. Nardi wood wheel plus numerous afftermarket features. All records. Exceeds showroom condition and never driven in the rain. Approx. 3,000 miles. $18,500. Contact David- 828.368.0133, (NC) 154 Sports Car Market

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SCM Showcase Gallery American 1931 Packard 833 convertible Maroon w/black fenders. Older perfect restoration. State award winner. $13,500. Contact Larry509.954.8294, (WA) 1935 Ford Woodie Wagon Flowmasters. Bare metal respray, w/all new rubber, windshield, and interior. Tight and quick. More! $12,500. Contact Ron- 562.431.6584, 1967 Chevrolet Corvette WARNING: Upgrading to SCM Over $150,000 spend on fully documented bodyoff restoration by Woodie specialist. Beautifully cared for since and still in superb condition. Runs and drives beautifully. A fantastic car and an incredible value. Matthew L deGarmo Ltd. $85,000. Contact Matthew- 203.852.1670, email: Matt@ deGarmoLtd.com. Website: www.deGarmoLtd. com. (CT) 1941 Buick 40 Sedanette Full restoration seven years ago in lovely maroon. A national AACA prize winner, everything works including radio. Factory dual carburetors. Show or great town car. $28,750. Contact Bob- 407.647.1940, email: therelic@theraders.net. (FL) 1953 Buick Super Estate Wagon Documented late production Z/28. Original floors, quarters, factory gaps. No rust, filler, patch panels, accidents. Contact Dexter- 204.510.3399, email: vintagecarguy@mts.net. (MB) 2008 Tesla Roadster Frame-off restored, matching numbers 427/400 in original colors. NCRS accolades. 4-speed, leather interior, AM-FM, original owner's manual and car shipper. $129,500. Contact Fantasy- 510.653.7555, email: sales@fantasyjunction.com. Website: www. fantasyjunction.com. (CA) 1969 Chevrolet Camaro Z/28 RS As an SCM PLATINUM member you will receive exclusive e-mails giving you near-instant auction results. Sign up today and get the inside information you need, sent so fast it may cause your computer to smoke like a Voisin! www.sportscarmarket.com Last of the true “woodie” wagons. Completed total restoration Fall 2010. Original V8, Dynaflow transmission and wood. Receipts, manuals, photos plus numerous accessories included. $110,000. Contact Lynn- 509.928.3345, email: lgwhiting@ hotmail.com. (WA) 1961 Chevrolet Corvette Z06 One California owner special order Roadster with carbon fiber hardtop, electronics package. Up to date on services and recalls. Chargers, window sticker, tool pouch, manuals. $76,500. Contact Fantasy- 510.653.7555, email: sales@ fantasyjunction.com. Website: www.fantasyjunction. com. (CA) Race 2006 SMR 283/270hp Red/White, 4 speed, dual 4's, pos-t, power windows, Wonder bar radio, very clean, Restored, numbers matching car. Body, paint, plating and dash very good $57,500. Contact Daveemail: dmemount@aol.com. 1961 Chevrolet Corvair 95 Rampside Professionally built, two-seat SMR. Street legal. Tube frame, aluminum body. LS1, T56. IFS from C5. Rear is triangulated 4-bar. Discs on front and rear. PS, PB. Phoenix Wing. 50/50 weight distribution. Incredible handling. $55,000. Contact Dwayneemail: janwoody@shaw.ca. Chevrolet Camaro Trans Am/GT-1 Road Racer Rare, 1 of 18,950, dealer special order. 68k documented miles. 4-spd, AM radio, oak stake bed. Very original except repaint in '96. Great investment, includes original sales brochure, owner's documents, and magazine articles. $14,000. Contact Gary- email: g.higgins45@gmail.com. (CA) 1964 Ford Ranchero Perfect vintage hauler. FI 289-ci, 5-spd, 9-inch limited slip diff, vented discs, heavy duty sway bar, 156 PLATINUM may cause your keyboard to sizzle. Real kevlar + glass Wide Body Trans Am. Tube chassis, QC, SBC, 3-spd, dry sump, etc. Former Mid-Western Council GT-1 Champion. Sorted, track ready - not just a roller. Great car, exceptional price! $8,900. Contact Nancy- 805.466.1015, email: automojo@hughes.net. © Sports Car Market

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Auction Companies Artcurial-Briest-Poulain-Le Fur. 33.1.42992056, 33.1.42991639. 7, Rond-Point des Champs-Elysées, 75008 Paris, France. artcurial@auction.fr www.artcurial.com. (FR) d'Elegance in August, the recordsetting Scottsdale Auction in January and a world-class auction at the Omni Amelia Island Plantation in Florida in March. www.goodingco.com. (CA) H&H Classic Auctions. +44 8458 334455, +44 8458 334433. The Motor House Lyncastle Road Warrington England. WA4 4BSN www.handh. co.uk. (UK) Barrett-Jackson Auction. 480.421.6694, 480.421.6697. For nearly four decades, the Barrett-Jackson Auction Company has been recognized throughout the world for offering only the finest selection of quality collector vehicles, outstanding professional service, and an unrivaled sales success. From classic and one-of-a-kind cars to exotics and muscle cars, BarrettJackson attracts only the best. Our auctions have captured the true essence of a passionate obsession with cars that extends to collectors and enthusiasts throughout the world. A television audience of millions watch unique and select vehicles while attendees enjoy a lifestyle experience featuring fine art, fashion and gourmet cuisine. In every way, the legend is unsurpassed. N. Scottsdale Rd, Scottsdale, AZ 85251. info@barrett-jackson.com. www. barrett-jackson.com. (AZ) Bonhams. +, +44.207.585.0830. Montpelier St., Knightsbridge, London, SW7 1HH. www.bonhams.com. (UK) Bonhams & Butterfields. 415.391.4000, 415.391.4040. 220 San Bruno Avenue, San Francisco, CA 94103 www.butterfields.com. (CA) Branson Collector Car Auction. 800.335.3063, 417.336.5616. 1316 W. Hwy. 76, Suite 199, Branson, MO 65616. www.bransonauction.com. (MO) Hollywood Wheels Auctions & Shows 800-237-8954, Hosting two auctions a year in beautiful Palm Beach FL, March & November. Offering quality collector cars and personalized service, all in a climate controlled, state of the art facility. Come be a part of the excitement! Check us out at www. hollywoodcarauctions.com... Where Collectors Collect! See You On The Block!! Palm Springs Auctions Inc. Keith McCormick. 760.320.3290, 760.323.7031. 244 N. Indian Canyon Dr., Palm Springs, CA 92262 www. classic-carauction.com. (CA) The Worldwide Group. 866.273.6394, Established by John Kruse and Rod C. Egan, The Worldwide Group—Auctioneers, Appraisers and Brokers—is one of the world's premier auction houses, specializing in the procurement and sale of the world's finest automobiles and vintage watercraft. www.wwgauctions.com. (IN) RM Auctions, Inc.. 800.211.4371, 519.351.1337. Celebrating 30 years in the collector car industry, RM Auctions and its associated companies are responsible for acquisitions, restorations and sales of the world's rarest and most valuable vintage automobiles, including record-breaking sales in Maranello, Italy and London, UK. RM's restoration division achieved unprecedented accolades in 2006, when the Company earned “Best of Show” honors at the world's top three collector car events in a single year. www.rmauctions.com. (CAN) Leake Auctions. 800.722.9942, Es- tablished in 1964, Leake Auction Company was one of the first collector car auctions in the country. Unsurpassed customer service has led the company to 40 successful years, selling more than 32,000 vehicles. Leake currently operates auctions in Tulsa, Oklahoma City, Dallas, Houston and San Antonio. Visit them online at www.leakecar.com or call 800.722.9942. San Antonio – April 8-9, 2011 at Freeman Coliseum. Tulsa – June 10-12, 2011 at QuikTrip Center. Houston – September, 2011. Russo and Steele Collector Au- tomobile Auctions. 602.252.2697, 602.252.6260. Specializing in the finest European sports, American muscle, hot rods and custom automobiles; Russo and Steele hosts two record breaking ALL RESERVE auctions per year; Monterey, CA every August and Scottsdale, AZ every January. As one of the premier auction events in the United States, Russo and Steele has developed a reputation for its superior customer service and for having the most experienced and informed experts in the industry. www.russoandsteele.com. (AZ) Santiago Collector Car Auctions. Carlisle Collector Car Auctions. 717.243.7855, 1000 Bryn Mawr Road, Carlisle, PA 17013. Spring and Fall Auctions. High-line cars cross the block. Hundreds of muscle cars, antique, collector, and special-interest cars, trucks, and motorcycles. Real Cars. Real Prices. www.carlisleauctions.com. (PA) eBay Motors. List your car for sale for only $40 and pay $40 more when it sells. Visit the “Services” section on www.ebaymotors.com for more details. Mecum Collector Car Auction- eers. 815.568.8888, 815.568.6615. The Mecum Auction Company has been specializing in the sale of collector cars for over 23 years, offering an industryleading 5,000 collector cars per year. Watch Mecum Auctions live on Discovery's HD Theater. Consignment, bidder and event information is available online. 950 Greenlee ST, Marengo, IL 60015 www.mecumauction.com. (IL) MotoeXotica Classic Cars & AucGooding & Company. 310.899.1960, 310.899.0930. Gooding & Company offers its international clientele the rarest, award-winning examples of collector vehicles at the most prestigious auction venues. Our team of well-qualified experts will advise you on current market values. Gooding & Company presents the official auction of the famed Pebble Beach Concours 158 tions. 866.543.9393, After 24 years of selling classic cars, MotoeXotica has branched out with classic & exotic car auctions. MotoeXotica currently has auctions in St. Louis, Missouri, Springfield, Missouri, and Phoenix, Arizona. Combining some of the industry's lowest entry fees and commissions MotoeXotica is poised to keep expanding while maintaining superior customer service. Contact MotoeXotica today at 866-543-9393 or online at www.motoexotica.com. Worth the trip! 405.475.5079, 501 E. Britton Rd., Oklahoma City, OK 73114. Rocky: rockydb5@sbcglobal.net. (OK) Tom Mack Classics. 888.TOM. MACK, PO Box 1766, Indian Trail, NC 28079. Three annual auctions in Charlotte, NC: April, September, and January. Selling Southern muscle, collector, and antique cars with experience and integrity for 24 years. North Carolina auction license 4017. www.tommackclassics.com. (NC) Alfa Romeo Centerline Products. 888.750.ALFA, Exclusively Alfa Romeo for over 30 years - rely on our experience to build and maintain your dream Alfa. Restoration, maintenance, and performance parts in stock for Giulietta through 164. Newly developed products introduced regularly. Check our web site for online store, new arrivals, tech tips, and special offers. www.centerlinealfa. com. (CO) Jon Norman's Alfa Parts. 800.890.2532, 510.525.9519. 1221 Fourth Street, Berkley, CA 94710. Large selection of parts from Giulietta to 164. Efficient, personal service. www.alfapartscatalog.com. (CA) Appraisals for two sales in Nevada. We will also be working with Automania for sales in South Dakota. For personalized service contact us. www.saaasinc.com. (CO) Auto Appraisal Group. Silver Auctions. 800.255.4485, Silver Auctions isn't successful because we auction the most expensive cars, we're successful because we auction the cars that you love. Silver Auction's staff, bidders and consignor are everyday people with a passion for Nostalgic and Collector cars. Come see the difference at Silver Auctions. 2020 N. Monroe, Spokane, WA 99205. silver@ silverauctions.com. www.silverauctions.com. (WA) 800.848.2886, Offices located nationwide. Pre-purchase inspection service, insurance matters, charitable donations, resale vales, estates, expert witness testimony. On-site inspection. Certified, confidential, prompt, professional. “Not just one man's opinion of value.” See web site for locations and service descriptions. www.autoappraisal.com. Gooding & Company. Specialty Auto Auctions and Sales. 800.901.0022, Established by Bruce and Helen Douglas in 1987. Based in Colorado and doing auctions in Colorado, Nevada and South Dakota. This year we will join forces with Hot August Nights and B & T Custom Rods 310.899.1960, Gooding & Company's experts are well-qualified to individual automobiles as well as collections and estates. Whether it is the creation of a foundation, living trust or arrangement of a charitable donation, we are able to assist you. www.goodingco.com. (CA) Sports Car Market

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International Auto Appraisers Re- source. Use IAAA Appraisers' to perform insurance and legal appraisals and pre-purchase inspections; It is IAAA the largest association that certifies auto appraisers, who follow ethics, participate in ongoing training for IAAA/ Uniform Standards for Automotive Appraisal Procedures™. Certifications include Master Automotive Appraiser™ and Automotive Arbitration/Mediation Umpire™. The apprentice program was used by Mitchell International and other qualified applicants from the automotive industry. Locate IAAA members and get association info. www.autoappraisersassociation.com. Brighton Motorsports. 480.483.4682, Brighton Motorsports, Scottsdale, Arizona, is a unique dealership specializing in Vintage European and American Collector Cars with their Sales/Showroom and Mechanical Repair facility in the heart of Scottsdale's legendary auction arena. They also have a state-of-the-art paint & body shop specially equipped to do all levels of repair and restoration just down the road, creating a one stop shop for the avid car enthusiast. www.brightonmotorsports.com. (AZ) Woodies USA. 949.412.8812, We buy and sell great woodies - hundreds to date. If you are buying or selling give us a call. We can help. Woodies are fun! Every car collection should have at least one. Located in Laguna Niguel, California (new location). www.woodiesusa.com. (CA) Classic Car Transport Motor Auto Express, Inc. 360.661.1734, Enclosed Transport. MAX cares for what you care for. We offer Personal, Private, Professional services with liftgate loading for your vehicles. Please contact Randy McKinley, Owner. maxiet@gmail.com. (WA) West Coast Auto Appraisals. 310.827.8400, Pre purchase, diminished value, total loss settlements, expert witness. Let us be your eyes and ears, friendly and very knowledgeable car experts, muscle cars, street rods, Europeans, full classics, modern day and more. Servicing all of California, nationwide for larger car collections. Member of IAAA and AMA. Check out our website for a full list of services. www.thecarappraiser.com. (CA) 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. indiGO Classic Cars. Vintage Auto Posters, Since 1980, Everett Anton Singer has been supplying international collectors with the most diverse selection of authentic vintage automotive posters. The vast inventory runs from the late 1890s through the 1960s; featuring marque, event and product advertising. Please visit us at: www.VintageAutoPosters. com. Buy/Sell/General 888.588.7634, was founded in 2006 by collectors to serve collectors. indiGO Classic Cars has a passion and a focus for vintage cars from the late 1930s to the early 1970s. With access to large lines of credit, indiGO purchases individual cars as well as entire collections. indiGO Classic Cars consults with, consigns for and represents the interest of sellers who need assistance in the building, or disposition, of their (or their family members') collections. indiGO offers shipping worldwide. indiGO Classic Cars is an indiGO Auto Group dealership. www.indigoclassiccars.com. (TX) Classic Showcase. 760.758.6199, 760.758.0600. sales 760.758.6100.Fullservice restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fit; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase. com www.classicshowcase.com. (CA) Heacock Classic. 800.678.5173, We Passport Transport. 800.325.4267, Since our founding in 1970, we have shipped thousands of treasured vehicles door-to-door with our fully enclosed auto transporters. Whether your prized possession is your daily driver, a vintage race car, a classic, a 60s muscle car, or a modern exotic you can depend on Passport Transport to give you the premium service it deserves. We share your appreciation for fine automobiles and it shows. www.PassportTransport. com. Collector Car Insurance understand the passion and needs of the classic car owner; agreed value, one liability charge, 24-hour claim service and paying by credit card. We provide classic car insurance at rates people can afford! Instant quotes at www.heacockclassic.com. (FL) Hagerty Insurance Agency, LLC. 800.922.4050, is the leading insurance agency for collector vehicles in the world and host to the largest network of collector car owners. Hagerty offers insurance for collector cars, motorcycles and motorcycle safety equipment, tractors, automotive tools and spare parts, and even “automobilia” (any historic or collectible item linked with motor vehicles). Hagerty also offers overseas shipping/touring insurance coverage, commercial coverage and club liability coverage. For more information, call or visit www.hagerty.com. (MI) J.C. Taylor Insurance. Chubb Collector Car Insurance. 1 (866) CAR-9648, The Chubb Collector Car Insurance program provides flexibility by allowing you to choose the agreed value and restoration shop. Broad coverage includes no mileage restrictions and special pricing for large schedules. For more information contact us at 1(866)CAR-9648 or www. chubbcollectorcar.com. 800.345.8290, Antique, classic, muscle or modified - J.C. Taylor Insurance has provided dependable, dynamic, affordable protection for your collector vehicle for over 50 years. Agreed Value Coverage in the continental U.S., and Alaska. Drive Through Time With Peace of Mind with J.C. Taylor Insurance. Get a FREE instant quote online at www.JCTaylor.com. Motor Sport Personal Accident Coverage. 441.297.9439, 441.296.2543. Email, mcooke@evolution.bm. Limits up to $1,000,000 including accident medical and helicopter evacuation. Comp Capital Ltd. can obtain coverage at competive rates including drivers over the age of 65. Either 12 month policy covering a whole season and or for specific events. Please contact Mark Cooke and or Kevin Way. Grundy Worldwide. 800.338.4005, 2shores International. 920-945- 0450, International marketing services for collector cars. New Showroom in the US! Take advantage of our experience in the global collector market. Based in Wisconsin, working worldwide. Connecting buyers and sellers of collectible automobiles in a global marketplace since 1990. We put our market knowledge to work for you. Call Jurgen today! www.2-shores-classics. com. (WI) Paul Russell and Company. 978.768.6092, www.paulrussell.com. Specializing in the Preservation and Sales of European Classics, pre-war through the 1970s, since 1978. You can rely on our decades of experience with Mercedes-Benz, Ferrari, Porsche, Bugatti, Alfa Romeo and other fine collectibles. Repeat customers are the lifeblood of our business. Contact us today to join them. Car Sales Manager, Alex Finigan: Alex@paulrussell.com. (MA) With 60 years of experience in servicing and preserving the collector vehicle hobby, Grundy provides “The Gold Standard” of insurance, offering the most options to you: Agreed Value, No Model Year Limitation, Unlimited Mileage, and coverage options for Spare Parts, Trip Interruption, Towing and Labor Costs, Inflation Guard, and Auto Show Medical Reimbursement. Fast, immediate quotes. www.grundy. com. (PA) English AC Owner's Club Limited. 503.643.3225, 503.646.4009. US Registrar: Jim Feldman, 11955 SW Faircrest St., Portland, OR 97225-4615. The world's largest organization of AC owners and enthusiasts. AC ownership not required. Monthly magazine. (OR) 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 August 2011 159

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Martins are our specialty. Please contact us when buying, selling or restoring. www.astonmartin-lotus.com. (MA) AUTOSPORT DESIGNS, INC.. 631.425.1555, All Aston Martin models welcome regardless of age, as new inevitably become old! Routine servcing-complete mechanical restorations/ rebuilds - Cosmetic repair/paintwork to complete frame off restoration - Large inventory of parts. All services as well as our current unventory of automobiles for sale can be seen at www.autosportdesigns.com. (NY) Lamborghini models but also has comprehensive experience and diagnostic equipment to service Ferrari, Maserati, Aston Martin, Bentley and other exotic brands. Lamborghini Houston is Houston's only factory authorized Lamborghini dealership. Nationwide Shipping. Lamborghini Houston is an indiGO Auto Group dealership. www. lamborghinihouston.com. (TX) Randy Simon. 310.274.7440, ^ 310.274.9809. I constantly collect and sell all Ferraris, Maseratis, and Lamborghinis. If I don't have what you seek, I can usually find it for you (at low prices). Please call anytime for straight advice on the market. Finder's fee gladly paid. simonrandy@aol.com (CA) service. Located in Orange County, California between Los Angeles and San Diego. Sales@europeancollectibles.com or visit our website www. europeancollectibles.com. (CA) Fast 72-hour turnaround! Hartford, CT. www.automobileinspections.com. (CT) Italian Hamann Classic Cars. Mercedes-Benz Classic Center. 1-866-MB-CLASSIC, The center of competence for classic Mercedes-Benz enthusiasts – for vintage car sales, meticulous restorations by manufacturertrained technicians and the widest selection of Genuine Mercedes-Benz Classic Parts, we are the source. www. mbclassiccenter.com. (CA) 203.918.8300, with more than 30 years in the industry and world wide clientele in dealing in European race and sports cars, specializes in classic Ferrari of the '50s & '60s. www.ferrari4you.com Literature Via Corsa Car Lover's GuidePorsche of North Houston. Kevin Kay Restorations. 530.241.8337, 1530 Charles Drive, Redding, CA 96003. Aston Martin parts, service, repair, and restoration. From an oil change to a concours-winning restoration, we do it all. Modern upgrades for power steering, window motors, fuel systems, and more. Feltham Fast performance parts in stock. We also cater to all British and European cars and motorcycles. www.kevinkayrestorations.net. (CA) Ferrari/Maserati/Lamborghini RPM Classic Sports Cars. 802.877.2645, With over 25 years of experience in Classic Italian Sports cars, we know how to make your car perform as new. Please visit our website showing numerous cars for sale and a frequently updated BLOG to see what is going on in our busy shop including video links of engines being run on a test stand and on a chassis dynamometer. Our two car enclosed transporter makes getting your car to our shop within the northeast a breeze. www. rpmvt.com. German Carobu Engineering. 949.722.9307, Ferrari specialist. Engine rebuilding/ development, dyno-testing, parts and service. Your source for high performance brakes, suspension, gaskets, engine parts, wheels and exhaust. Dealer for Tubi, Brembo, Koni, Razzo Rosso, Sangalli, Zanzi, Novitech Rosso and X-Ost. WWW.CAROBU.COM. 888.588.7634, creates experiential Porsche ownership for its clients and visitors. Sales and service team members are inspired to prioritize everything Porsche. Porsche of North Houston maintains a huge selection of new and pre-owned Porsches as well as other previously owned designdriven, performance and luxury motorcars with low miles. Nationwide Shipping. Porsche of North Houston is an indiGO Auto Group dealership. www.porscheofnorthhouston.com. (TX) Import/Export books. Travel the world with guidebooks written for car enthusiasts! We cover car museums, factory tours, race tracks, auctions, and major events. Exclusive interviews with Alice Cooper, Hans-Joachim Stuck, Derek Bell, Mario Andretti, and more! Our guidebooks are available at motorbooks.com and amazon.com. Museums LeMay— America's Car Museum, Cosdel International TransportaClassic Showcase. 760.758.6199, FerrariChat.com. The largest on- line Ferrari community in the world with over 80,000 registered users. 3,000 new posts a day from Ferrari owners, historians, and enthusiasts along with 5 Million in our archives. Over 1,000 ads in our Classifieds www.ferrarichat.com. 760.758.0600. sales 760.758.6100. Fullservice restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fit; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase. com www.classicshowcase.com. (CA) tion. 415.777.2000, 415.543.5112. Since 1960 Cosdel International Transportation has been handling international shipments by air, ocean and truck. Honest service, competitive pricing and product expertise have made Cosdel the natural shipping choice for the world's best-known collectors, dealers, and auction houses. If you are moving a car, racing or rallying, or attending a concours event overseas, we are the comprehensive, worldwide resource for all of your international shipping needs. We are your automobile Export Import Experts. www.cosdel.com. (CA) European Collectibles, Inc. 949Lamborghini Houston. 888.588.7634, provides customers with the most unique mix of exotic inventory in the United States. The importance of guest experience starts with Lamborghini Houston's web presence and is executed by a professional sales team of hand-picked and extremely knowledgeable automobile aficionados. Lamborghini Houston not only services 650-4718, European Collectibles has been buying, consigning, selling and restoring classic European Sports Cars since 1986. We specialize in Porsche (356 and 911) 1950s to early 1970s along with other marks including Mercedes, Aston Martin, Ferrari, MG, Austin Healey & Jaguar with 40 vehicle in stock to chose from. European Collectibles also offers complete mechanical and cosmetic restorations to Concours level along with routine Inspections set for a fall 2011 opening in Tacoma, WA., explores how the automobile has fulfilled a distinctive role at the core of the American experience and shaped our society. The spacious Museum with rotating exhibits is designed to be the centerpiece for automotive history as well as an educational center and library. The campus also contains a 3.5acre show field, theatre, café, banquet hall and meeting facilities. To become an ACM member, volunteer or make a donation, visit www.lemaymuseum. org. (WA) Parts and Accessories 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. AutoBahn Power. 877.683.3001, Performance + Looks + Durability + Comfort = Autobahn Power! We are a veteran of vehicle modifications, parts and accessories. Our specialty has been to carry products that are better than original equipment in performance, safety and quality. Our warehouse, service shop and retail store are located in the Midwest for good access to all parts of the USA. We have completed literally hundreds of project cars. These performance vehicles are in enthusiast's hands across the USA. Many of the cars are in daily use proving the durability of our workmanship and products. Check us out at www.autobahnpower. com. 160 Sports Car Market

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body, mechanical service. Discreet installation of a/c, cruise control, superchargers. Stock restorations done to exacting standards. Clean, wellequipped shop. Near I-90 since '96. We finish your projects. supercharged@ alltel.net. (OH) Griot's Garage. 800.345.5789, The ultimate online store for car care products and automotive accessories. www.griotsgarage.com. (WA) RPM Classic Sports Cars. MMRsite.com. The on-line infor- mation and entertainment resource for enthusiasts of European cars and motorcycles. Inter-active database features include 1300 selected suppliers of goods and services. Interesting Classified Ads, Book and DVD Reviews, Blog, Forum and MMR Store. Subscribe today to receive our MMR Community Newsletter and help us build this site. www.MMRsite.com. 802.877.2645, With over 25 years of experience in Classic Italian Sports cars, we know how to make your car perform as new. Please visit our website showing numerous cars for sale and a frequently updated BLOG to see what is going on in our busy shop including video links of engines being run on a test stand and on a chassis dynamometer. Our two car enclosed transporter makes getting your car to our shop within the northeast a breeze. www. rpmvt.com. Sports and Competition WeatherTech® Automotive Acces- sories. 800.441.8527, MacNeil Automotive Products Limited providing Automotive Accessories for your vehicles for over 20 years. MacNeil has defined high quality vehicle protection with the WeatherTech® line of Automotive Accessories. Choose from All-Weather Floor Mats, Extreme-Duty Floor Liners, Cargo/Trunk Liners, Side Window Deflectors, No-Drill MudFlaps, many different options of License Plate Frames and more. We have products available for virtually every make and model. To see and buy everything, go to WeatherTech.com. Restoration - General RM Auctions, Inc. 800.211.4371, 519.351.1337. Celebrating 30 years in the collector car industry, RM Auctions and its associated companies are responsible for acquisitions, restorations and sales of the world's rarest and most valuable vintage automobiles, including record-breaking sales in Maranello, Italy and London, UK. RM's restoration division achieved unprecedented accolades in 2006, when the Company earned “Best of Show” honors at the world's top three collector car events in a single year. www.rmauctions.com. (CAN) Vintage Events Classic Restoration. 303.761.1245, Classic Restoration by Country Club Auto, located in Colorado, is a large facility that offers world-class restoration, repair and fabrication services. Highly organized, fiscally responsible and providing bi-weekly detailed billing, we keep you abreast of the rapid progress of your project in every way. Check out our excellent website for details. Email doug@classicrestodenver.com. www.classicrestodenver.com. (CO) Muscle Car 1000. 949.838.7076, Performance Restoration. 440.968.3655, High-quality paint, October, 2010. This six-day luxury tour of Southern California includes exceptional muscle cars, exclusive activities, exquisite dinners, premium hotels, great friends, and fine wine. We're covering Orange County, San Diego, Palm Desert, Lake Arrowhead, Beverly Hills, and a great deal in between. Reserved for 1964-73 American muscle cars, 1962–68 Cobras, 1955–73 Corvettes. Apply early, as space is limited. www. musclecar1000.com. (CA) © August 2011 161

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Carl Bomstead eWatch Vintage Clocks, Neon Signs Light up Ohio Auction Many of the pieces had been restored, and the glass faces on several of the clocks and other items had been resurfaced Thought Carl's Rich Penn Auctions was selected to sell the lifetime collection of vintage advertising that had been accumulated by Wayne and Shirley Woodrum. And what an auction it was. Over 1,500 items were offered over a three-day period at the Dayton Airport Expo Center in Dayton, OH. In addition to the live bidding, internet bids were placed through Proxibid and Live Auctioneers. The collection included advertising clocks, displays, signs and every other conceivable type of vintage advertising. The first day's activity included over 500 lots of rare and desirable transportation-related advertising. Many of the pieces had been restored, and the glass faces on several of the clocks and other display pieces had been resurfaced. The prices listed do not include the buyer's fees, as they varied between 15% and 20%, depending on whether the bids were placed online or from the live audience. Here are a few pieces that caught my eye: ing. It was slightly over two feet in length and about 5.5 inches in height. The metal case was in excellent condition, and it was a very attractive display piece—especially if you are into Buicks. AND NEON SIGN. SOLD AT: $7,200. Date: 5/5/2011. Not that many years ago, these appeared on every Chevy used car lot in the country. Now they are rather scarce—and are a very desir- able collectible. The face of the porcelain sign had been restored, which held back the bidding a bit, as these usually sell for $10,000 to $12,000. RICH PENN AUCTIONS LOT 470. STEWART WARNER PRODUCTS LIGHT-UP CLOCK. SOLD AT: $600. Date: 5/5/2011. Stewart Warner was founded in 1905 and continues to manufacture automotive gauges to this day. Their speedometers were used in the Model T, and their gauges from the 1950s are popular with hot rodders. This light-up clock was stated to be in good working order, and it appeared that the glass surface had been restored. The metal body of the clock was slightly worn, but the piece was still very presentable and cool garage art for a vintage hot rodder. PLUGS LIGHT-UP DISPLAY CABINET. SOLD AT: $1,400. Date: 5/5/2011. Over the years, there have been thousands of brands of spark plugs offered, and before the days of mass advertising, they were promoted with attractive point-of-sale displays. This metal case with glass face had a flashing light behind the spark plug in the graphics to attract the buyer's attention. The case was about 12.5 by 10.5 inches and was in excellent condition. This was expensive, but we have not seen another one. RICH PENN AUCTIONS LOT 105. WILLYS CARS AND TRUCKS NEON CLOCK. SOLD AT: $3,300. Date: 5/5/2011. This clock dated to the late 1950s and had a neon ring around the circumference. It had a Jeepster, Jeep, Station Wagon and a Stake bed Truck at the 3, 6, 9 and 12 o'clock marks. It was stated to be in good working order, and it was a very desirable piece. This was a bit pricey, as you can buy a beater Jeepster for what someone paid for the clock. RICH PENN AUCTIONS LOT 271. RARE FEDERAL CLOCK FOR THOMAS GARAGE. SOLD AT: $5,000. Date: 5/5/2011. This is an extremely rare clock that was in good working order. It was unique it that the hands were made of neon. The marquee could easily be personalized. This was expensive—but way cool! RICH PENN AUCTIONS LOT 398. BUICK PARTS DEPARTMENT LIGHT-UP SIGN. SOLD AT: $2,100. Date: 5/5/2011. RICH PENN AUCTIONS N.O.S. This Buick Valve in Head doublesided, light-up hanging sign dated to the early 1950s and was unused with the original packag- RICH PENN AUCTIONS LOT 377. CHEVROLET OK USED CARS PORCELAIN RICH PENN AUCTIONS LOT 175. SHURHIT SPARK SUBSCRIPTION INFORMATION Sports Car Market (ISSN #1527859X) is published monthly by Automotive Investor Media Group, 401 NE 19th Street, Suite 100, Portland, OR 97232. Periodicals postage paid at Portland, OR, and at additional mailing offices. Subscription rates are $58 for 12 monthly issues in the US, $78 Canada/Mexico, Europe $88, Asia/Africa/Middle East $98. Subscriptions are payable in advance in US currency. Make checks to: Sports Car Market. Visa/MC accepted. For instant subscription, call 877.219.2605, 503.261.0555; fax 503.253.2234; www.sportscarmarket.com. 162 LOT 265. FISK TIRES DOUBLE-SIDED FLANGE SIGN. SOLD AT: $1,600. Date: 5/5/2011. This sign appeared to be painted rather than porcelain, although the description was a bit sketchy. It featured the famed Fisk Tire boy with the “Time to Re-Tire” slogan. It had been restored, and depending on the quality of the restoration, it was either well bought or well sold. This is the dilemma when buying online. ♦ POSTMASTER Send address changes to: Sports Car Market PO Box 4797, Portland, OR 97208 CPC IPM Sales Agreement No. 1296205 Sports Car Market