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Sports CarMarket Bitchin' Camaro EXCLUSIVE $36m CHANDLER SALE COVERAGE 230 CARS RATED Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends Cross Ram. Docs. JL8 Brakes. $140k. Sold. January 2007

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Sports CarMarket Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends 44 250 SWB 60 January 2007 .Volume 19. Number 1 56 Frazer Nash-BMW Chevy's bad boy COLLECTOR CAR PROFILES 44 1961 Ferrari 250 GT SWB Berlinetta Ferrari gilds a 250 SWB lily with a new block. John Apen 48 1925 Rolls-Royce WWI Armored Car Replica Big bang for your Rolls-Royce buck. Diane Brandon 54 1965 OSCA 1600 GT Zagato How does 82% appreciation in two years sound? Donald Osborne 56 1946–47 Frazer Nash-BMW 328 Sports Two Seater Anglo-German one-off breaks the bank. Raymond Milo 60 1969 Chevrolet Camaro Z/28 Cross Ram Sport Coupe The real deal and the papers to prove it. Colin Comer 66 1963–64 Lola-Chevrolet Mk 6 GT The foundation of a racing legend. Thor Thorson 230 CARS RATED BY OUR EXPERTS 70 Gooding & Company, Oxnard, CA Otis Chandler Collection soars to $36m. Carl Bomstead 82 Bonhams & Butterfields, North Brookfield, MA B&B sees $1.8m from Frank Cooke's Rolls. Donald Osborne 88 Kruse International, Auburn, IN Hidden treasures push the big one to $21m. Dave Kinney 96 Bonhams, Chichester, U.K. Racers bring $7.3m at the Goodwood Revival. Richard Hudson-Evans 106 Carlisle Events, Carlisle, PA Fall Carlisle comes up short at $1.7m. Joe Severns 112 Bonhams, Beaulieu, U.K. The Autojumble variety brings $1.1m. Richard Hudson-Evans 120 Potts Auction Co., Dalton, GA Hometown muscle struggles at this $271k sale. Joe Severns Cover photograph: ACME Studios 124 eBay Motors Bellissima, terrificante, and otherwise. Geoff Archer

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42 46 100 Cars of Radnor Hunt COLUMNS 10 Shifting Gears Keith Martin 28 Affordable Classic Picking over Avanti bones Dave Kinney 30 Legal Files What racetrack insurance? John Draneas 46 Sheehan Speaks: Hemis or Ferraris? Not even close Michael Sheehan 52 English Patient Colin Chapman's lucky 7 Gary Anderson 58 Porsche Gespräch Why 928s need love too Jim Schrager 64 Domestic Affairs The Super Duty legacy of Randy Williams Colin Comer 130 Motobilia Bonhams Hershey goldmine Carl Bomstead 134 Bike Buys Tracking the NSU Kettenkrad Paul Duchene 146 eWatch A poster for ten grand; such a deal Carl Bomstead New Sheehan has spoken FEATURES 34 Collecting Thoughts: Ballad of a Burned Bugatti 36 Mudfest 2007: 24 SUVs Rated 40 Beaulieu: The International Autojumble at 40 42 Radnor Hunt: A Celebration of French Curves DEPARTMENTS 12 Crossing the Block / Auction Calendar 14 The Inside Line 18 You Write, We Read 20 Display Advertisers Index 24 Neat Stuff 26 Our Cars: 1966 Ford Mustang, 1966 Chevrolet Caprice, 1984 Volvo 245 GL 29 20 Year Picture 80 Alfa Bits 125 FreshMeat: 2007 Audi S8, 2007 Mercedes-Benz CLS 63 AMG, 2007 Ferrari 599 GTB 126 The BIG 200: Top sales of 2006 132 Featured Artist: Charles Maher 136 Mystery Photo 137 Comments with Your Renewal 138 Showcase Gallery 2 46 100 Cars of Radnor Hunt COLUMNS 10 Shifting Gears Keith Martin 28 Affordable Classic Picking over Avanti bones Dave Kinney 30 Legal Files What racetrack insurance? John Draneas 46 Sheehan Speaks: Hemis or Ferraris? Not even close Michael Sheehan 52 English Patient Colin Chapman's lucky 7 Gary Anderson 58 Porsche Gespräch Why 928s need love too Jim Schrager 64 Domestic Affairs The Super Duty legacy of Randy Williams Colin Comer 130 Motobilia Bonhams Hershey goldmine Carl Bomstead 134 Bike Buys Tracking the NSU Kettenkrad Paul Duchene 146 eWatch A poster for ten grand; such a deal Carl Bomstead New Sheehan has spoken FEATURES 34 Collecting Thoughts: Ballad of a Burned Bugatti 36 Mudfest 2007: 24 SUVs Rated 40 Beaulieu: The International Autojumble at 40 42 Radnor Hunt: A Celebration of French Curves DEPARTMENTS 12 Crossing the Block / Auction Calendar 14 The Inside Line 18 You Write, We Read 20 Display Advertisers Index 24 Neat Stuff 26 Our Cars: 1966 Ford Mustang, 1966 Chevrolet Caprice, 1984 Volvo 245 GL 29 20 Year Picture 80 Alfa Bits 125 FreshMeat: 2007 Audi S8, 2007 Mercedes-Benz CLS 63 AMG, 2007 Ferrari 599 GTB 126 The BIG 200: Top sales of 2006 132 Featured Artist: Charles Maher 136 Mystery Photo 137 Comments with Your Renewal 138 Showcase Gallery A A three-ton Packard bus... now that's just the thing for taking 35 of your best friends on a slow-moving tour. Just hope it doesn't rain. —Carl Bomstead's report on Gooding's sale of the Otis Chandler Collection begins on p. 70

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Shifting Gears Keith Martin Beanie Babies and Muscle Cars H aving lived through a couple of collector car booms and busts, I can reflect on the current market from a position of experience, although certainly not omniscience. The time before the Arizona auctions seems a proper time to reflect; our own Mike Sheehan weighs in with his opinions on page 46. As Ferraris are the bellwether market of the sports and exotic car world, let's use them as a reference point. I believe the Ferrari market is far more educated and sophisticated than it was in 1989. Speculators aren't snapping up F430s because “Piero Ferrari drove one last week.” (By the way, excepting lucky DNA, can someone explain to me just what qualifications Mr. Lardi, née Ferrari, has to have such a large hand in running Ferrari?) I maintain that the “natural value” of common vintage Ferraris (those built before 1974 and in quantities above 500) in a rational market is a direct function of the cost of acquisition and the cost of restoration. In the end, these cars are commodities. They are attractive, rare by general automotive standards, and part of a company with great heritage. But historically significant on a large scale? Hardly. THE SUM OF THE PARTS The natural value of these cars is somewhere around 80% of what it takes to make a worn out, but not terrible car, into a good #2 example. For instance, if a tired 250 GTE (955 built) can be bought for $40,000, and it takes $100,000 to do a decent but not platinum level comprehensive restoration, then the market price should be around $110,000. And in fact, you can still buy a decent GTE for that amount, up from the $60,000 they were stuck at for a decade. Daytonas (1,273 built) were too cheap from 1991–2005 at $125,000, and are reasonably priced today at $225,000. Values of similar, common vintage Ferraris are all floating upward from their decade-long doldrums, as they should be. On the other hand, significant blue chip Ferraris, which combine historical significance, racing success, and low production numbers, are judged by different criteria. The cars that come most often to mind are the TdF (90 built) and the SWB (approximately 165 built). It now takes at least $2 million to buy a steel-bodied SWB with no stories, more than double what they cost two years ago. And their values are soaring, not floating. Why? Because just as a Picasso is worth more than its oil and canvas, an SWB speaks to the important values of car collecting in a significant manner. In other words, the whole is worth far more than the parts. MUSCLE BOUND Which is why I have to agree with those who say the muscle car market is due for a “correction”—a polite way to say it's about to fall off a cliff. For instance, there is no question that a six-figure price for a mass-pro- duction car like a 1970 Chevelle SS LS6 (4,475 built) is simply not supportable over time. While the styling is pleasing, it is not groundbreaking. The straight-line performance from its 450-horsepower V8, with 0–60 in 6 seconds and the quarter-mile at 13.8 seconds (97.5 mph), is impressive. But what are you going to do with it—run a vintage rally a quarter-mile at a time? And they just built too many of them—in this case, more than three times the number of Daytonas. Consider, if Daytonas were a hard sell for a decade when the market just didn't care, how hard will it be to move Chevelles when the thrill is gone? And the world is starting to figure this out. Dealers have already told me that prices of garden variety 1969 Z/28s (20,302 built, more than 20 times the number of Daytonas) are falling: buyers who paid $80,000 six months ago would gladly take $60,000 today. With the exception of a few rare cars, such as 1970 Hemi 'Cuda convertibles (14 built), I predict that the prices of serial production muscle 10 Like new, with full documentation cars, built in quantities above 500 units, are going to fall at least 35% in the next year. Clones will fall much further—50% or more—because once the music stops, buyers will realize that a fake is a fake is a fake. Frankly, I'd rather have a Beck Spyder (one of my least favorite cars) than a six-cylinder Dodge Challenger into which someone has stuffed a Hemi V8. At least with the Beck you can actually have some fun going down the road. The successful collector in 2007 will not be swayed by mass-market, multi-media hysteria, but will seek out models that have limited production numbers and historical significance. For those who think the muscle car bubble will last forever, chances are their previous investments include Peanut the Royal Blue Elephant Beanie Babies and Lucent Technologies. Indeed, Dot.Con: The Greatest Story Ever Sold, by John Cassidy, might prove to be interesting bedtime reading before the auctions. LOOKING FOR A FEW GOOD SCMERS We recently received the following letter concerning Wagon Ho!, the journey of our 1968 Colony Park Wagon from Ann Arbor, MI to SCM world headquarters in Portland, OR: I live in Rapid City, SD, and subscribe to SCM. I've also driven be- tween Rapid City and Bozeman many, many times. (I'm a dedicated fly fisherman, you see.) I seriously considered helping you and SCM out by taking yourColony Park along this route. But I am right now sitting in a dark closet (with my laptop) until this ridiculous feeling passes. Driving a 1968 four-door, rear-wheel-drive sofa...'er boat...450 miles over three mountain passes in a Rocky Mountain winter most certainly isn't my idea of fun. Now if you offered instead a newMercedes 4Matic or perhaps even Bill Harrah's old Ferrari V12-powered Jeep Wagoneer, I might have taken you up on your request. Good luck to the masochist you finally convince to take this leg of the journey!—Scott Zieske, via email. Scott, what's the fun in asking a car to do something it was actually designed to undertake? Watching a hippo swim is one thing, teaching it to tap dance like Fred Astaire is another. Contrast the excitement in watching a 4Matic cruise serenely across a snow-covered landscape, versus observing our CP Wagon wallow like a pig in slop up the slightest of slightly slick hills. But we'll let the Car Wimps win this one. Let's get the wagon headed south, a vehicular swallow migrating to Arizona. SCMers, show your colors, your virtues, and your usually irrelevant common sense by steering the SCM Wagon south and away from the twin evils of snow and ice. Contact Colony Park route choreographer Paul Duchene (copyed@sportscarmarket.com) and tell him just how far south and/or west (at this point, any movement is good) you'll take it. Time is of the essence. We'll even throw in a free copy of SCM's Guide to Vintage Wagons, when and if we print one, to every participant.u Sports Car Market Birte Moller

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Crossing the Block Jim Pickering More: www.kruse.com Last Year: 179 cars sold / $6m Everything from heavy equipment to custom motorcycles will be offered at the Arizona State Fairgrounds, but the primary focus will be on classic and restored cars. For more, see SCM's Insider's Guide to the Arizona Auctions. Mecum—High Performance Auction Where: Kissimmee, FL When: January 25–27 More: www.mecumauction.com Last Year: 297 cars sold / $13.7m Record-setting Dragonsnake will highlight Mecum's Kissimmee sale Kruse International—Winter 2007 Where: Ft. Lauderdale, FL When: January 5–7 More: www.kruse.com Last Year: 148 cars sold / $4.5m This auction is known for having high sales percentages, and Kruse intends to continue the trend with a large number of lots offered at no reserve. Look for a 1957 Ford Thunderbird “Bird's Nest” rumble seat convertible, a 1947 Ford Woody Sportsman convertible, and a 1942 Ford Woody Station Wagon. Mid-America—Vintage Motorcycles Where: Las Vegas, NV When: January 11–13 More: www.midamericaauctions .com Motorcycles are Mid- America's specialty, and with more than 450 offered for auction at this year's Las Vegas event, there's sure to be something to satisfy every two-wheeled desire. Expect to see a fully-restored 1952 AJS 18, a rare 1985 Bimota KB2, and a 1958 Ariel Square Four equipped with a Busmar sidecar. Barrett-Jackson—Scottsdale 2007 Where: Scottsdale, AZ When: January 16–21 More: www.barrett-jackson.com Last Year: 1063 cars sold / $98m Barrett-Jackson made huge numbers last year, and America's biggest auto auction is gearing up to do it again in '07. Expect close to 1,200 no-reserve con- 12 signments, including plenty of American muscle and classics. For more, see SCM's Insider's Guide to the Arizona Auctions. Russo & Steele—Scottsdale 2007 Where: Scottsdale, AZ When: January 17—21 More: www.russoandsteele.com Last Year: 283 cars sold / $20m This is one of Russo & Steele's biggest sales of the year, with 500 consignments offered over four days in a 140,000square foot tent. For more, see SCM's Insider's Guide to the Arizona Auctions. RM Auctions—Vintage Motor Cars in Arizona Where: Phoenix, AZ When: January 19 More: www.rmauctions.com Last Year: 106 cars sold / $31m RM may not have the biggest sale in Arizona, but its small size has been a large part of its draw. Don't miss this important sale at the Arizona Biltmore Resort. For more, see SCM's Insider's Guide to the Arizona Auctions. Silver Auctions—Arizona 2007 Where: Ft. McDowell, AZ When: January 19–22 More: www.silverauctions.com Last Year: 233 cars sold / $5.7m Now in its tenth year, Silver expects around 400 consignments, most of which will be priced in the $10k–$50k range. For more, see SCM's Insider's Guide to the Arizona Auctions. Where: Phoenix, AZ When: January 25–28 Auction Calendar Kruse International—Scottsdale 2007 The headliner of Mecum's Kissimmee sale is the recordsetting 1963 Costilow/Larson Dragonsnake Cobra raced by both Bruce Larson and Ed Hendrick, a car that overshadowed Carroll Shelby's factory-prepped Dragonsnake.u All dates listed are current at time of publication. Contact information for most auction companies may be found in the Resource Directory at the back of this issue. Please confirm dates and locations before attending any event. Email auction info to: jim.pickering@sportscarmarket.com. December 1-3—MECUM Kansas City, MO 2—COYS London, UK 1-2—SANTIAGO Oklahoma City, OK 4—BONHAMS London, UK 9—COYS Nuremberg, DE 11-12—BARONS Surrey, UK 15–16—KRUSE Houston, TX 17—BONHAMS Gstaad, CH January 5-7—KRUSE Ft. Lauderdale, FL 11-13—MID-AMERICA Las Vegas, NV 12-13—KRUSE Concord, NC 13-21—BARRETT-JACKSON Scottsdale, AZ 17-21—RUSSO & STEELE Scottsdale, AZ 19—RM Phoenix, AZ 19-22—SILVER Fort McDowell, AZ 25-28—KRUSE Scottsdale, AZ 26-27—MECUM Kissimmee, FL February 5-6—BARONS Surrey, UK 9-11—RM Ft. Lauderdale, FL 17—KRUSE Naples, FL 22-25—KRUSE Atlantic City, NJ 24-25—LEAKE Oklahoma City, OK Sports Car Market

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Inside Line Stefan Lombard The 2007 Concorso Italiano will honor 60 years of Ferrari SCM News n Hagerty will host a Smart Collecting Seminar Series at Barrett-Jackson January 17, 18, and 19, from 9:30 to noon. Topics will include: “Collection 101”—the basics of buying and selling; “Training Your Eye”—the visual evaluation of a car; and “Decoding Value”—the necessity of documentation for collector cars. Speakers will include McKeel Hagerty, Editor Keith Martin, Craig Jackson, Galen Govier, and SCM contributors Dave Kinney, Carl Bomstead, Donald Osborne, and Colin Comer. Each session costs $425, and you must register by January 8, 2007. http://shop. hagerty.com. (AZ) n Anthony Pozner, longtime SCMer, contributor, and owner of Hendon Way Motors (UK), was involved in a heavy crash November 8, which took the life of his 25-year-old son, Nick. The pair were competing in a Ferrari 275 GTB/4 in the Tour d'Espana. Pozner suffered a broken collar bone. We send our condolences to him and his family. 14 News n Following a successful 2006 event that honored 100 Years of both Lancia and the Targa Florio, as well as 50 years of Giugiaro's designs and 35 year of the Pantera, Concorso Italiano, “A Celebration of Italian Style,” has released a preview of its itinerary for 2007. The August 17 event will again take place at Bayonet Black Horse Golf Course in Monterey Bay. Amid the usual extensive array of Italian machinery, expect to see special tributes to Ferrari in celebration of the 50th year of the 250 GT and 250 GT California Spider. Also featured will be a tribute to Ferrari's 60th year as a manufacturer, highlighted by the 125 S. Tickets and registration are available at www.concorso.com. (CA) n The first-ever China Classic Car Rally from Hong Kong to Beijing is set to get underway March 27, 2007, and conclude on April 11. In the intervening 15 days and 2,500 miles, competitors will drive through several historic Chinese provinces on the tour of a lifetime. Although space is limited, event organizers are still accepting entries. www.hongkong-beijing.com. (CHN) n Russo and Steele will unveil a new free shipping program at its 7th Annual Sports and Muscle Auction in Scottsdale, January 17–21. The point-topoint program includes over 30 major U.S. cities, providing yet another incentive for serious buyers who purchase six cars or more. Contact them for details. www.russoandsteele.com (AZ) Events n Considered by many to be the most grueling race in the world, the Dakar Rally begins in Lisbon, Portugal, on January 6. The route changes each year, and this year's itinerary won't fail to challenge those competing on both motorcycles and quads, and in cars and trucks. Competitors range from amateur drivers to seasoned racers from a variety of motorsport disciplines. After covering more than 3,000 miles, racers will arrive in Dakar January 21. www.dakar.com. (EUR/AFR) Transitions n Verne Leyendecker, 58, of Greeley, CO, passed away October 18, 2006. Verne was a longtime trucker until 1988, when he started his classic car dealership, Classical Gas. He was a member of several auto organizations, including the NHRA, Kustom Kemps of America, and the Rod and Custom Specialty Vehicle Dealership Association, and was an old car enthusiast in the truest sense of the word. Memorials can be made in Verne's name in care of Allnutt Funeral Service, 702 13th Street, Greeley, CO, 80631. (CO)u Event Calendar Dakar Rally—Jan. 6–21 www.dakar.com Winter Break Rally—Jan. 6–7 www.winterbreak.us Downtown Hollywood Dream Car Classic—Jan. 7 www.downtownhollywood.com Montreal International Auto Show—Jan. 19–28 www.montrealautoshow.com Reflections in Glass XXIV—Jan. 27 www.americascorvetteclub.com. Sports Car Market JANUARY

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You Write We Read All letters are subject to editing. Please address correspondence to SCM, PO Box 16130, Portland, OR 97292. Fax 503.253.2234, e-mail: youwrite@sportscarmarket.com Sports CarMarket Editor & Publisher KEITH MARTIN V.P. Operations DAVID SLAMA D-TYPE DISCREPANCIES Great article on the D-type by Thor Thorson (November, “Race Car Profile,” p. 58), but a gaffe in what he said about the 1948 Earls Court Motor Show XK 120: “Although it never ran, it was the sensation of the show.” The car involved was chassis 660001, registered HKV455, and it most certainly not only ran, but raced (including at Silverstone) and was used for testing (crashed at Dunlop circa 1952—presumably they had not quite perfected the new disc brakes). There is a comprehensive article on the history of the car in Jaguar Heritage magazine of February 2006, published on behalf of the Jaguar Daimler Heritage Trust, Coventry, author not stated, but “additional material supplied by Anders Ditlev Clausager” as Chief Archivist. Interestingly, although factory records state that the car was “reduced to produce”—i.e. broken up—circa 1953, after the crash at Dunlop, there have been three claimants (at least) the last 15 years or so to having the original chassis.—John Elmgreen, XK Jaguar Motoring Historian, via email This may strike you as just picking the nits, but I think historical accuracy should trump that. The D-type sold by Bonhams & Butterfields at Carmel Valley was owned by Jack Ensley (not Hensley) and was co-driven by Bob Sweikert, not Pat O'Connor. O'Connor was a fine driver and a nice fellow (so I hear), but the driver in question was Bob Sweikert, a great driver. I told this to B & B's rep and was ignored. Out of fairness to Sweikert, please don't do the same.—Rich Henry, via email Thor Thorson responds: There are endemic problems involved with trying to sound like an expert on a different marque and car every month. I end up doing quite a lot of research to try to give proper perspective on the car in question, and sometimes I stumble. In this particular instance I had read Philip Porter's Jaguar Sports Racing Cars. On page eleven he states the 120 in question “was the sensation 18 V.P. Business Development/ General Counsel ROB SASS Art Director KIRSTEN ONODAY Senior Editor PAUL DUCHENE Managing Editor STEFAN LOMBARD Auction Editor JIM PICKERING Copy Editor BILL NEILL Senior Auction Analysts DAVE KINNEY RICHARD HUDSON-EVANS (EUROPE) B. MITCHELL CARLSON Although factory records state the car was ‘reduced to produce,'—i.e. broken up—at least three people claim to have the original chassis of Earls Court, even though it had never run.” Somehow I turned it around. I'm aware that several pages later he discusses 660001's early racing history, so I should have caught it. Regarding the names of those who raced the D-type, I will note that we didn't use either name in the SCM profile, though they were mentioned in the catalog copy. That it was sold to Jack Ensley (not Hensley) is correct; I'd guess that that was a Bonhams typo. I did not cross-check the accuracy of Bonhams's history description when I wrote the profile, but on checking Porter's book (generally considered to be the authoritative source), it says that Pat O'Connor shared the Sebring ride, not Sweikert (p. 171). I'm not saying you're wrong, but there are clearly multiple authorities here. It was almost 50 years ago. SPEEDSTER VS. TURBO I just reviewed a nice article on the 1989 911 Speedster by Jim Schrager (May 2000, German Profile, p. 73). However, some of the information you share is not accurate. “1989 Carrera Speedsters are likely the most collectible of the 1980s Porsche variants since only 2,065 examples were built in a single model year. Of this total production run, only 823 arrived in North America.” Note, the rarest Porsche of the '80s is the wide-body Targa, not the Speedster. The 3.2-liter widebody Targa enjoyed a worldwide run of 102 examples. Even with the Turbo motor in place, not more than a combined total of 400 Targas were produced by Porsche, thus making it the rarest production Porsche of the 1980s. The Targa has much more going for it as well, as it was designed by Porsche to be a true sports car (open air and rigid). This body style has since been copied by many manufacturers today. The Targa is also the only sports car sold with a roll bar in place. As such, the Targa is as much a part of the 911 legend as is the 911 name itself. I hope this helps to set you straight in regard to accuracy and I hope you do a little research to verify what I have shared with you and then print a more accurate article.—Jessica deBosson, via email Jim Schrager responds: In the article you quote, I don't state that the 1989 Carrera Speedster is the rarest body style, but rather that it is “likely the most collectible.” I stand by my opinion. I believe it takes more than rarity to make a Porsche collectible. Some of the most rare models have no interest from collectors, such as the 356B Notchback—far rarer than the 356B Coupe, and Auction Analysts DANIEL GRUNWALD JOHN CLUCAS (AUSTRALIA) NORM MORT (CANADA) JOE SEVERNS Contributing Editors STEVE AHLGRIM GARY ANDERSON CARL BOMSTEAD COLIN COMER JOHN DRANEAS DONALD OSBORNE JIM SCHRAGER MICHAEL SHEEHAN THOR THORSON Contributors JOHN APEN KATHYDONOHUE RAYMOND MILO MARIT ANNE PETERSON STEVE SERIO MARTIN EMMISON (U.K.) Information Technology MATT WEBB BRYAN WOLFE Financial Manager NIKKI NALUM Editorial Intern JENNIFER DAVIS Strategic Planner BILL WOODARD ADVERTISING Advertising Sales GARY GOODRICH 877.219.2605 ext. 213 gary.goodrich@sportscarmarket.com CINDY MEITLE 877.219.2605, ext. 262 cmeitle@sportscarmarket.com ED PRISCO 877.219.2605, ext. 212 ed.prisco@sportscarmarket.com Sales and Marketing Coordinator VALARIE HUSTON 877.219.2605, ext. 211 valarie.huston@sportscarmarket.com SUBSCRIPTIONS Subscriptions Coordinator CATHY GRIFFIS 877.219.2605 ext. 204 cathy.griffis@sportscarmarket.com New 800.289.2819 Current 877.219.2605, ext. 204 service@sportscarmarket.com fax 503.253.2234 www.sportscarmarket.com CORRESPONDENCE General P.O. Box 16130, Portland, OR 97292 FedEx/DHL/UPS 401 NE 19th, Suite 100, Portland, OR 97232

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worth much less; an early 911 Sportomatic—far rarer than a 5speed and worth less or at best no more than the common 5-speed; or the 356 Speedster, which is not rare at all, with over 4,400 made, and yet is highly collectible. We don't value Porsches by simply reading a production chart, as that simply doesn't work. The fact that some other Carrera body styles, such as the wide-body Targa are rare, does not imply they will be more valuable than a 1989 Speedster. As for Targas in general, I am a big fan. I feel they are generally undervalued and expect them to move up nicely in years ahead. But worth more than a 1989 Speedster? Not in my opinion. The sheer number of Targas of all types built over the many years of the original body style (1967– 1989), means they will always be plentiful in comparison to 1989 Speedsters. CALIFORNIA OR ALPINE MERCEDES Regarding the 1969 Mercedes- Benz 280SL in Joe Severns's report of the 12th Annual Hamptons Auto Classic (October, Kensington Market Report, p. 112), he writes: “I wonder, however, why a ‘California' model has so much European equipment on it.” Based on the description, the car is most certainly a European model. He writes about the hard top and does not mention a soft top, so we can only assume there is none. This would explain the reference to “California” model. This is a configuration that was sold without a soft top. They are actually referred to in the States as “California Coupes” or “California Roadsters.” I believe in Europe one would be referred to as an “Alpine Roadster.” They are very difficult to sell and no, it is not feasible to install a soft top.—Brian Peters, via email Joe Severns responds: Lot 13 was a bit of a surprise to me when I examined it, and it seemed odd that it was referred to by the seller as a California model, as it wore some European marketspecific parts, such as headlights, bumpers, and speedometer. There was no evidence of a soft top, so it is feasible this car had a special model designation. As I reviewed January 2007 This is a configuration that was sold without a soft top. They are actually referred to in the States as ‘California Coupes,' although in Europe I believe one would be referred to as an ‘Alpine Roadster' my notes, I read a line that might explain my comments: “...a dull SL, with German lineage, a Californian nickname, and selling in the old-money Hamptons. This must be a very well traveled car.” My suggestion is that this 280SL is an “Alpine Roadster” with false identification as a “California Roadster.” Thanks for the clarification. THE EBAY ALFA ALMOST BIT ME As a follow up to Geoff Archer's piece on eBay Alfas (November, “Alfa Bits,” p. 119), I was the winning bidder on the 1958 Giulietta Sprint Veloce s/n 149307130, at $33,200, eBay auction number #3300180179. I was pleased to have been the high bidder and was going to arrange for a commercial carrier to pick it up, but at the last minute decided to go and collect it myself. Boy was I glad I did. The car had been grossly mis-described. A young couple had found what was a very correct and original car and decided to “restore” it; if only they had left it alone. The paint was 10-foot quality at best, the interior had the right bits, but with poor fit and finish, the dash was painted with an aerosol can, and the doors did not open or shut properly. Trying to see something positive, we went for a test drive, which was sadly no better. While the engine ran well, it jumped out of third gear and the final blow (almost literally) was when the brakes failed and we narrowly missed running into the back of the car in front. Somewhat irate and frustrated, I decided to walk away and forfeit my $2,000 deposit. I believe the sellers thought they had done a creditable job. If only they had offered the car for a lower dollar in its original unrestored condition, they would probably have made more money for less work. For me a lesson learned, but cheaply enough—especially compared to what it would have ended up costing me if I had bought it and then re-restored it.—Michael Gue, via email STOP BASHING COUNTACHES, YOU IGNORANT FERRARI LOVERS I have read your magazine for years, and I had noticed recently that your publication was getting less biased and more objective, which appealed to me, so I subscribed. But I just read your article on the Countach, (August, “Etceterini Profile,” p. 48), and it appears the bias isn't all gone. Why do you guys like to bash Lamborghinis? Now, because you would look foolish bashing the 350 GT and Miura, which have become extremely valuable to collectors, the later Countach is your whipping boy. And now that the LP400 periscope Countach has soared in value right behind the Miura, I guess you think they are cool now too, and not to be bashed? The latest sale for an LP400 brought $225k for a #2- condition car that was bought for less than $90k about six years ago and driven hard since. Not a bad investment, huh? What will you say about the late '80s Euro QV Countach, which is soaring in value? Will you quit 19

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Ad Index 2shores International ..............................65 Auto Collections Inc ..............................71 Automobile Year ....................................91 Autosport Designs ..................................97 Bald Head Garage ..................................47 Barrett-Jackson ......................................16 Bart Holland BV Restoration Co. ........103 BB One Exports ................................... 115 Blue Highways .......................................83 Brian Moore .........................................144 Classic Carriages ....................................81 Copley Motorcars Corp. ....................... 111 Cosdel ..................................................145 Covercraft ..............................................91 Craig Brody Investment Motorcars ..... 117 Doc's Jags ............................................144 Driver's Houston Auto Works ................95 Ebay Motors .............................................9 Exotic Car Transport ............................144 Family Classic Cars .............................107 Fantasy Junction .....................................57 FECC Passport Auto Transport ..............35 Fourintune Garage Inc .........................145 GMP Diecast .......................................101 GoFastAuction.com ...............................27 Gooding & Company ...............................2 Gregor Fisken .........................................73 Grundy Worldwide ................................. 11 Hagerty Insurance Agency, Inc. ...........148 Horseless Carriage ...............................143 Hotseat Chassis Inc ..............................144 Intercity Lines ........................................29 Italian Car Parts ....................................145 J.J. Best Banc & Co. ............................105 Keith Martin Buyer's Guides .................99 Kelley Blue Book ...................................75 Kidston ...................................................21 Kruse International .................................87 L' art et L' automobile ............................85 Mecum Auction ......................................77 Morris & Welford, LLC .........................23 Lou Natenshon .....................................145 Palm Beach Supercar Weekend .............41 Palm Springs Exotic Car Auctions .........93 Parish Heacock Insurance ......................31 Park Place Ltd. .......................................25 Paul Russell and Company ....................55 Premier Financial Services ..................147 Pro Team Corvette ............................... 119 Putnam Leasing ......................................15 Re-Originals .........................................121 RM Auctions ..................................4, 7, 13 Ron Tonkin ........................................... 113 RPM Motorbooks ................................145 Russo & Steele .......................................32 Silver Auctions .......................................51 Smart Collecting Seminar ......................59 Symbolic Motors ......................................3 Vintage Motors of Sarasota ..................123 Vintage Rallies .......................................79 VintageAutoPosters.com ......................145 20 The Countach isa three-dimensional car caricature, and you are advised to take period press articles with a large grain of salt bashing them soon? Watch their values closely, but you'll have to watch private-party sales since they rarely appear in auctions. An '86 just sold for $150k last month. There are two categories I want to address about these cars: Performance and Looks. Performance: Anybody who has ever driven a properly-sorted Countach knows it performs incredibly. I have old articles in major magazines collected over the years written by Phil Hill, Mario Andretti, Dan Gurney, and other famous drivers and journalists applauding how the Countach performs, even on the track, in all its forms. Sure, some whiners complain about the heavy clutch (no heavier than a Ferrari 308), cramped interior, or poor visibility, etc. Buy a damned Mercedes or BMW if you can't put up with some inconveniences that go along with owning a hand-made car full of soul, personality, character, rarity, and larger-than-life persona. And I don't want to hear any BS about maintenance, having had many period Ferraris, Lambos, and other exotica, and knowing that they are all high-maintenance vehicles with very comparable reliability and maintenance issues. Just like anything that is high-maintenance (including some women), don't take extremely good care of them and they turn to crap real fast, and then nothing works on them and you can't give them away. Looks: You write about the '80s and an aged Farrah Fawcett, and the Countach being a washedup, silly looking car that would be embarrassing to drive up to a restaurant. You are soooo wrong. Just last Wednesday, we car nuts met at a nice downtown restaurant for lunch, a weekly car gathering with many cool cars attending. Parked directly in front, side-by-side, were a Countach LP400S, a late model Ferrari 355 Spider, and a Ferrari 330 GTC. All passersby were drawn to the Countach. People of all ages—college kids, graying business men, children, and women of any age stopped and stared at the Countach. And this was the 400S with the big flares and huge tires circa 1979. The poor Ferraris could have been Hondas, for they were hardly looked at next to the Lambo, and all the camera phones were pointed at the Lambo. You wrote: “Remember, ex- otic cars are all about swagger. If you pull up in an Anniversary Countach…with Ms. Fawcett as your passenger…everyone will stare and mutter. When you get the door for her and hand over her cane so she can get out…if…you're not wincing with the slightest tinge of ‘I must look like a prat driving something from “Back to the Future,”' then go ahead and part with the pesos to own a Countach. I'll supply the Foreigner/Styx/38 Special cassettes. Now, getting out of your Gallardo with Cameron Diaz is another story….” You are sooo wrong. See, you are hung up on '80s women. The thing is, you can drive a Countach and you aren't stuck with Farrah! She doesn't come with every one! You can put any woman you want in it! Young, beautiful, sophisticated…whatever you want! I bet you dollars to pesos that if you pull up with Cameron Diaz in any Countach, you will get more props and golf claps than in the Gallardo. Keep the cool car and get rid of the kooky woman! I do agree with you that the Anniversary Countach, with all the extra appendages and strakes, looks far less attractive than the Sports Car Market

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You Write We Read other versions, and the U.S. bumpers are goofy (anybody with half a brain changes those bumpers out for Euro ones for a small amount of $). But it still looks much better than the other '80s-straked designs that you guys won't bash, like the Ferrari Testarossa or 348. Why not bash them? Oh…the sacred Ferrari brand…. Next time you look at the profile of a 348, place a couple of fingers near your eyes to cover the strakes in the middle, and what do you see? The exact profile of the '80s/'90s Nissan 300ZX. Just add the Ferrari wheels and the strakes and you have a 348. There. I have stooped to your level and bashed an otherwise decent car just for the sake of bashing it. That, it seems, is like what you guys like to do to the Countach. Let's return to having an objec- tive analysis of the cars, regardless of what the name badge says.— Victor Holtorf, Fort Collins, CO Raymond Milo responds: I am delighted that you have subscribed, yet I feel you don't quite understand what SCMis about. The name tells it clearly—it is about the market in sports cars. We don't make it, we just report it. However, we are all a bunch of individuals. Most of us are hard-headed and opinionated, so forget about objectivity. Then again, we never wanted to compete with Consumer Reports. Before I proceed to give you my biased and very opinionated view of your beloved Lambo, a word of advice. In your letter you use words like “extremely valuable,” “soared,” “character,” “rarity,” “personality,” and my personal favorite, “properly-sorted.” I will tell you the only way you can properly sort a Countach is to take it to Bob Wallace in Arizona and give him a blank check. But even he cannot do anything about the ergonomics of the car. Now, my two cents. Lamborghini does not get any respect and never will. Ferruccio Lamborghini's first offering (which in the pure sense of the word, was the best), the GT 350, was on paper vastly technically superior to anything Ferrari offered for street use. The period motoring press lauded the 350 GT as the world-beater, and the people at Sant'Agata Bolognese believed their press clippings. But the alloy 22 their eyes only on the Countach. What do you think would have happened if a circus was in town? If the bearded lady or a two-headed goat or a set of Siamese midgets had stood next to your Countach? In which direction would camera phones be pointed then? You say then that when one I would ask Mr. Louttit if he didn'thave to wait in line at Pebble Beach, Villa d'Este, or at Het Loo, none of which even attempt to give you a table Touring body could be called curious at best, and the primitive Ferraris outsold the 350 GT. More importantly, you could drive your Ferrari to work, and did not have to have a favorite tow truck driver to take it to the dealer for “adjustments.” By the time the 400 GT was produced, one trait that would curse Lamborghini was established: enough was never enough. If this year's engine produced 350 hp, next year's engine had to make more. With such development, one might have thought Lamborghini would have gone racing. Whether you say “it improves the breed,” or prefer “win on Sunday, sell on Monday,” production and racing, then as now, went hand in hand. Lamborghini himself raced Fiatbased specials in the late 1940s (however unsuccessfully), but I am aware of only one event where a Lamborghini raced—a privately entered Miura at Hockenheim in 1968—prepared by a much respected Steinwinter team, and driven by the top-notch Gerhard Mitter. The car crapped out while running mid-pack early in the race. Granted, the Miura was indeed a beautiful car, and its introduction in 1966 at Geneva put the world on its ear. The chassis was designed and built by Stanzani, Dallara, and Bob Wallace, with a stunning body designed by the young and talented Marcello Gandini. Everybody wanted one, including me. I had the opportunity to drive one from L.A. to San Francisco for dealer Otto Zipper, and it turned out to be a classic example of style over function. By the time my girlfriend and I reached Santa Barbara (about 90 miles), I was ready to turn around. Interior noise and heat were unbearable, and “visibility” was extremely poor—non-existent to the rear and marginal elsewhere. We could not wait to get out of the moving sculpture. At the end of 1969 or there- abouts, Ferruccio Lamborghini lost control of the company, and it changed hands several times through a curious bunch of owners who used it for a variety of reasons, none of which had much to do with cars. The Countach is a three-di- mensional car caricature, and you are advised to take period press articles with a large grain of salt. Every supercar always went over 200 mph on the top, but actually, most of them coughed their pistons or scared the daylights out of the driver well before 180. Even in the late '70s, there wasn't a road long enough, good enough, and empty enough to go 200 mph. The Countach had its glory days in the auctions of the late 1980s, and I recall one gentleman who wore a turban and enough gold chains to sink a small raft, who was the man—the real Countach man. But those days are gone. Somewhere in the middle of your letter, you mentioned lunch, and how all the passersby had drives a Countach one gets noticed. This is why the car gets no respect. The need to be gawked at by parking lot attendants does little for the collectibility of a car. Some of us buy and drive our cars because we like something inherent to the car. We would buy and choose to drive them even if there was no one else around. Some of us even prefer it that way. ALL THIS STANDING BUSINESS You must have attended a dif- ferent event at The Quail Lodge in August than I did (November, “Sights and Sounds of the Quail,” p. 32). While I agree that the quality of the cars has certainly “matured into something world class,” any event that requires you to stand in line for lunch, stand in line for a glass of wine, and then stand to eat because there's not an empty table in sight is something far short of world class.—Gordon Louttit, Manhattan Beach, CA Donald Osborne responds: While Mr. Louttit may have had the experience he relates, I would ask him if he didn't have to wait in line as well for lunch or wine at the Pebble Beach Concours, or at Villa d'Este, or at Het Loo, none of which even attempt to give you a table at which to eat the lunch which you have had to buy separately from your admission. I stand by my statement that The Quail is a world-class event that provides a spectator experience heads and shoulders above that of almost any other event of its type. ERRATA • In our November issue, in the Kruse Seaside Market Report, on p. 124 we incorrectly list lot 410 as a 1937 Alfa Romeo 8C 2300 MM. It is actually a 1937 Alfa Romeo 6C 2300 MM, a very different car. • Also in that issue, we list the American Profile car on p. 54 as a 1957 Lincoln. It is actually a 1955 model.u Sports Car Market

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Morris & Welford, llc SPECIALIST HISTORIC CAR CONSULTANTS AND BROKERS Original Siata factory postcard image 1953 Siata 208S Prototype Chassis Number BS 501 is the first Siata built of the 208 Spyder series and with open sports coachwork by Motto/Siata. Exhibited at the International Motor Sports Show, Grand Central Palace, New York in 1953, it was sold and subsequently road raced in various SCCA events including a remarkable 7th overall and 2nd in Class at Sebring 1954 running under the delightfully named ‘Ecurie Shoestring' team. Fitted with its original alloy V8 engine and with all numbers matching throughout. Featured in numerous period magazines and with a continuous history from new, this is an extremely significant prototype model. Other Cars Available 1928 Frazer Nash ‘Shelsley Special' Terror III 1929 Lagonda Two Litre High Chassis Speed Model 1937 Cord 812 Supercharged Phaeton 1937/40 Alvis 8C ‘Barson Special' 1949 Talbot-Lago Grand Sport T-26 Coupe by Dubos 1960 Alvis TD21 Drophead Coupe 1962 Kellison Corvette 1965 AC Cobra Mk II 289 the last rhd example built 1977 Maserati Bora Miles Morris Connecticut Phone: 203 222 3862 Fax: 203 222 3863 Cell: 203 722 3333 E-mail: miles@morrisandwelford.com Malcolm Welford California Phone: 714 434 8562 Fax: 714 434 8155 Cell: 949 500 0585 E-mail: malcolm@morrisandwelford.com www.morrisandwelford.com

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Stuff Neat by Stefan Lombard WHAT YOU NEED AND HOW TO GET IT Terry Ballard has perfected the art of…rust. His Diecast Junkers are a tribute to the automobile and the ravages of time. Beginning with brand new 1:18 diecast models, Ballard works his magic to age, patina, dent, smash, and break each car into a lifelike look of neglect. He then sets them in dioramas equal to the task, and the effect would have you believe you'd just passed the scene on some back road drive. Ballard “can wreck any brand, make, or model,” and does custom work. He can even recreate your car—before you restored it, of course. Prices start at $100 and go up, depending on the complexity of the scene. www.diecastjunkers.com With winter in full swing, AutoSock has you covered. Made of highstrength mesh fabric, the AutoSock fits over your tires to deliver superior traction in snow and icy conditions. Far lighter and much easier to install than traditional chains, the AutoSock is also machine washable and fits just about every passenger car and light truck with tire sizes from 13" to 18". $79.99–$99.99. www.autosock.com Protect your tow vehicle's drivetrain next time you head out to the track. Quietride's new Tightening Ball Mount with Lock features a corner “wedge” that eliminates slack in all directions. Standard mounts leave gaps between the tow bar and the hitch, creating endless clanking under load. Quietride's solution takes just ten seconds to install and lock, and guarantees silent and safe towing by removing all of the forward, back, and side-to-side movement. $34.99. www.softride.com Griot's Garage and AUTOart have everything you need to rev up your office for the new year. Turn in that boring old tape dispenser for one with a striking resemblance to a big red Brembo caliper. Ditch the old butter knife for a cool chrome Formula One letter opener. And hide that flowery box of tissues behind a brushed aluminum and carbon fiber dispenser. Prices are $29.99, $16.99, and $89.99 respectively. www. griotsgarage.comu 24 Sports Car Market

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SCM Our Cars Ponies, Bricks, and Big Blocks It had a 454 with a lopey idle and dual exhaust, and I harassed my parents endlessly until it came home with us 1966 FORD MUSTANG Owner: Jennifer Davis, SCM Intern Purchase date: October 1969 Price: $2,400 Mileage since purchase: About 98,000 Recent work: Replaced the ignition switch 1984 VOLVO 245 Owner: Stefan Lombard, SCM Managing Editor Purchase date: September 2006 Price: $1,800 Mileage since purchase: 450 Recent work: New timing belt, new windshield Unlike Dave Kinney, who has, by his own estimates, owned over 600 cars, I have owned just three. The 245 is my second Volvo, and while 22-year-old Swedish cars aren't really collectible, they do have quite a cult following here in the Northwest because they just won't die. I can't say I like this one better than the 1980 DL, however. I got that one from my uncle for free, plus $1,000 for a few things it needed. I was 24, it was my first car, and with it I moved to Montana for the first of two winters. It was there I discovered the real beauty of these bricks, rugged as a tank and built for similar climates in Scandinavia. I lived in a lakeside rental home, the lone occupant in a long row of such little houses long ago shuttered by their Canadian owners. The approach was a downhill dirt road packed with ice that switched back to run along behind the houses and Whitefish Lake beyond. Even with studded tires, there was no way to make that turn—on the road, anyhow. Following many escapist days of some work and lots of snowboarding, I'd return to my little house and approach the descent in “rally mode.” Downshifting into the turn, I'd inevitably slide through it and into a neighbor's snowy lawn, whereby I'd pull the E-brake, kick the back end out, and get on the gas just in time to aim my pivoting brown car between the same neighbor's larch tree, his outdoor fireplace, and the house itself. I never hit any of the three, at least not so hard that I left marks. I can't see myself getting quite so “Blomqvist” in our current 245. It's an automatic, for one thing. I share it with my wife, for the other. But I will always be on the look-out for a solid, 250,000-mile two-door DL, especially one with a good hand brake. Just like any Ferrari, you have to find the best example. 26 My grandma took me out for a ride in this Mustang one afternoon so I could moo at the neighbor's cows. I've been in love with it ever since. In 1969, my dad bought the car from its original owner. He put plenty of good miles on it, but it wasn't until my grandpa passed away in 1998 that I inherited it. I spent a whole day digging out four feet of snow in front of the garage just so I could take it for a spin. After a few breakdowns, I found out it hadn't been driven in ten years, and was stored with fluids in it. That explained a lot. I've since replaced the gas tank, radiator, alternator, and plenty of miscellaneous things. And I've had plenty of fun with electrical shorts and busted bolts. As soon as I fix one part, another breaks. Two steps forward, one step back. I once made it through a North Idaho winter without snow tires. Not the easiest task, but I challenge anyone to attempt it. Thankfully, I have a good mechanic, who often finds humor in all of my car problems. And despite all the problems I've had with my pony car, I am still one lucky girl. I've learned much about how it works and how to fix it, and I even have the original keys and owner's manual. I never miss a chance to cruise it each year during Car d'Lane. It may not be pretty on the outside yet, but it's still my baby—and I plan to keep it for a very long time. 1966 CHEVROLET CAPRICE Owner: Jim Pickering, SCM Auction Editor Purchase date: October 1997 Price: $1,900 Mileage since purchase: 25,583 Recent work: Rebuilt engine, Hughes 2,500 rpm stall converter, 3.73 gears, Moser axles. My dad and I bought my '66 Caprice as a father-son project when I was fifteen. It was in horrible shape when we found it, with a caved-in fender and door, missing trim, and an interior that looked like it had lived underwater. I was hooked as soon as I saw it, though, and none of that made any difference to me. It had a 454 with a lopey idle and dual exhaust, and I harassed my parents endlessly until it came home with us. We completely rebuilt it from the ground up, which included installing a new 468 big block. I used it as a daily driver in high school, though it became impractical when I went to college. Now I use it mostly for drag racing, weekend cruising, and summertime parking lot car shows. I rebuilt the 468 last winter and installed a roller camshaft and Edelbrock aluminum cylinder heads. It'll vaporize the radials on demand—and for as long as you keep your foot in it—yet it's still tame enough to tool around town or drive to work. The idle shakes the car violently at stoplights, which usually scores glares from people in more eco-friendly vehicles. Most reactions are more positive, and it tends to get a lot of thumbs on sunny days. It runs low twelves in the quarter with a set of slicks, has a pleasing exhaust note that echoes off houses and other cars, and even though it costs me $20 in gas just to drive it down the street, I still love it.u Sports Car Market

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Affordable Classic Avanti Redux Which Avanti II Buy? A Michigan alumnus's car sported a gold and blue color scheme, making it difficult to know whether to cry or hail it for a trip to the airport by Dave Kinney R ob Sass's article about the Avanti II in December's SCM was excellent, well written, and well researched, even if the photo was a Studebaker Avanti. But it offered an opinion about Avantis that I just plain don't agree with. The Avanti has often been called the car that wouldn't die. As a longtime and loyal Avanti fan, let me state categorically that the time to pull the plug was quite a few years ago. The RQA (the serial number prefix) series of cars, easily identified by the low-back bucket seats, were, in a very real way, Studebakers with Chevy engines, and what's wrong with that? Built from scads of leftover parts, the RQA cars were assembled with a great deal of care and were well-built, solid cars with decent performance and ever increasing levels of luxury features. You would be well advised to remember, however, that late '60s luxury was defined by thicker carpet and a radio that picked up FM stations. A BAD MORGAN PARODY By the time the RQB series of car were introduced, more and more parts needed to be purchased from outside sources, and the car, in my opinion, started its first slide downhill. The 1970s will not be known as the era of enlightenment for automobiles in general; for the Avanti, it was no different. With very little innovation, the Avanti was on its way to irrelevance. Becoming a bad American parody of Morgan was not in the game plan, but in effect, that's what was happening. Many Avanti II owners were returning to the factory to reorder the 1979 version of the same car they bought in 1969, and were finding both quality and especially performance were on the wane. Avanti experimented with a number of Chevrolet power plants, starting with a 327-ci motor in earlier cars, then moving through a number of horsepower ranges of the 350-ci block. TWIN MICE AND RUBBER BANDS A few 400-ci cars were made, but these were hardly strong performers, as the 400 engine was at this time also quite anemic. Later came the twin mice with the rubber bandpowered 305-ci motor, a true testament to what we had to put up with in the days before computer controls and fuel injection. Also, even though Avantis were adequately braked for their time, they were equipped with disc brakes only on the front wheels for as long as the car was built on its original frame, an era that ended with the company's bankruptcy—the first one—in 1985. I have owned well over 100 Studebaker Avanti, Avanti II, and Avanti automobiles. I have owned at least one of all years from 1963 through 1985, so I think my soapbox has some major support on this issue. I even bought a few of them new, making the pilgrimage to South Bend, IN, more times than I care to admit. After the death of Avanti II co-founder Nate Altman in 1974, his brother Arnold took the reins. Where founders Nate Altman and Leo Newman were more or less dreamers of the sort known to exercise the folly of starting a car company, Arnold was more about counting beans, and it became clear that cutting costs would become paramount. SURELY JUST A TUNE-UP? I distinctly remember a cream yellow 1981 Avanti II that I had bought in 1983. It 28 looked great, had plenty of options, but could barely get out of its own way. Using what I thought was logical progression, I guessed a full tune-up was in order. No changes to the performance. A compression test? All cylinders were consistent. I assumed that the catalytic converters were bad, and replaced them. No luck. In desperation, I went to the local Chevy dealer and gave them the specs off the engine. (Avanti owners quickly learn to make up stories about what car your engine is in when ordering parts—avoiding the “we don't carry no Avanni parts” dilemma). This tactic usually worked, and you could avoid all kinds of “no” answers as long as your story was compelling. I told the guy behind the counter that this block was going in a hot rod I was building. When he told me my motor was a “fleet service” unit, I hoped that meant it was a police interceptor motor. He did all he could to stifle the laughs when he said that my block was the lowest horsepower motor they made in a V8, and the fleets in question were taxicabs. I'm in total agreement with Rob Sass's assessment that the early cars, the RQA models, are among the best ones to buy for keepers. Where we disagree, however, is in the 1984 and 1985 cars, the so-called “Blake Era” Avantis. CONTEMPTIBLE COLORS When Washington, DC-based real estate developer Steve Blake bought Avanti from the Altman and Newman families in late 1982, Avanti was bereft of innovation and likely at the start of a death spiral. The final chrome bumper cars were built in 1983; in 1984 the “rubber” bumpers became standard fare. The chrome blades that served to accent the original lines of the car lasted an amazing 20 years, but made their exit because of two simple reasons—federal laws dictating increased crash standards and, more importantly, cost. Blake's idea was to make the Avanti II, now renamed Avanti, into an American version not of Morgan but of Porsche. Blake's innovations included higher performance L69 305-ci motors, Recaro seats, Doug Nash 5-speed transmissions, and a host of other performance and cosmetic changes as well. Leather suppliers included Connolly and Elmosoft, replacing the standard seats 'n sofa suppliers who provided the cowskins for Detroit. I purchased one 1984 and two 1985 Avantis new. At the time I was also buying and selling Avantis as a parttime business. In numerous trips to the Avanti plant in this short period of time, I can bear witness to Rob's claim of some truly tasteless and contemptible color and accessory combinations. A University of Michigan alumnus's car was being fin- Sports Car Market

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ished just in front of my black with tan leather convertible. Its two-toned gold and blue color scheme made it difficult to know whether to cry or hail it for a trip to the airport. I also remember a dark blue sparkling metallic car with a marble dash and a bar stool “marbleized” vinyl interior. No thanks. NOTHING AFTER 1987 The Avantis built after 1987 hold little attraction for me. Even though to some they look the same, they lost the romance when they were merely bodies assembled on someone else's chassis, no longer hand assembled and lovingly finished. Only time will tell whether any Avanti will prove to be a good long-term collectible. My advice? Look for an RQA Series car with good equipment and good history. I've already put my money where my mouth is on the Blake era cars, as I still own two of the three I purchased new. My wife's car is a black and saddle coupe with factory lowered front end, Koni shocks, and a five speed. My car is one of three convertibles built on the original chassis, also black with tan leather and a tan Hartz cloth top.u DAVE KINNEY is head of USAppraisal, located in the Washington, DC area. He is a longtime contributor to SCM, as well as being an SCM Senior Market Analyst. $4,000 $8,000 $12,000 $16,000 $20,000 20 Year Picture 1977 Jag XJ6C 1978-80 BMW 633CSi 1976-81 Avanti Prices are for cars in excellent condition. This information is provided by Black Book and Cars of Particular Interest Collectible Vehicle Value Guide, www.blackbookusa.com. January 2007 29 1987 1992 1997 2002 2006

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Legal Files John Draneas Going Commando at the Track? The flagger, the other driver, the organizers, the track operators, and anyone else deemed negligent could be liable MY POLICY SCARED ME Thinking that perhaps this policy was an aberration, I checked my own policy and found an even more alarming situation. My policy excludes coverage for damage to my car while it is: 1. Operated on a surface designed or used for racing, but not if the organized and controlled event is not a speed, performance, stunt or demolition event (i.e. low-speed parade laps are probably fine); 2. Used in a high performance driving or racing instruction course or school; or 3. Used in, or in preparation or practice for, a race, speed or performance contest. This same exclusion applies to eliminate all liability coverage for injuries sustained by others, and even eliminates the coverage that provides automatic medical expense coverage for my own physical injuries. I wasn't racing, I was honing my driving skills I f reader response is the best gauge, then the June 2006 “Legal Files” (Carrera GT Crashes Into Court) may be the most widely-read one of all. Months after that column appeared, letters from readers continue to arrive. Just about all have been critical of the lawsuit and the plaintiff's chances. Many have asked for updates as the lawsuit progresses, but nothing of interest has happened yet. The significance of this situation was brought home recently when I received a call from a new client with a large problem. He had taken his mint condition 2004 BMW M3 to the race track for a club-sponsored track day. As he began to accelerate on the straightaway, a momentary lapse of attention transformed his second-to-third upshift into a disastrous downshift to first. Before he could get the clutch back in, the M3 spun straight into the concrete wall. The resulting two-corner bounce caused extensive structural damage to the car, and it was determined to be a total loss. RACETRACK CLAIM DENIED The biggest damage came when his insurance company denied the claim altogether, claiming that racetrack crashes were not covered. My client's insistence that this was not a race, but merely a “driver's education” event fell on deaf ears, and he retained our firm to attempt to talk some sense—at least from his enthusiast's point of view—into his insurance company. A review of his insurance policy provided no comfort at all. It contained a very well defined exception from coverage. No coverage was afforded for “loss or damage arising out of the participation in a prearranged, organized, or spontaneous: (a) Racing contest; (b) Speed contest; or (c) Use of an auto at a race track or course designed or used for racing or high perfor- mance driving, or in practice or preparation for any contest or use of this type.” Faced with this policy provision, we saw no hope of being able to force the insurance company to cover the loss, and our client was left with a very substantial economic loss. But perhaps more alarming for readers is that the policy contained a similar exclusion in its liability provisions. That is, the insurance company's liability for bodily injuries under the same circumstances was limited to the minimum amount of coverage mandated under the State's insurance law, which is $25,000 per person and $50,000 per occurrence, with $10,000 damage to the property of others. 30 BATTLE LINES DRAWN Jim Grundy, of Grundy Worldwide Collector Car Insurance Insurance, confirms that the insurance companies have focused their attention on club track days. “These types of exclusions are becoming the industry standard,” he says. “For years, policies only excluded coverage for ‘racing,' which was what most people would think you were doing when you put on a helmet and fire suit, strapped yourself into a harness, and drove as fast as you could on a racetrack. “But sports car clubs, and the Porsche and Ferrari Clubs in particular, have notoriously interpreted ‘racing' to exclude their ‘driver's education' and non-timed track events. Since club track days are so difficult to define, the industry has moved to the ‘racing surface' approach, which leaves less room for argument.” That's true. A broad exclusion for occurrences “on a race track” makes it irrelevant if our club track day is a “driver's education” event or just legalized racing. “High performance driving” also hits straight at the heart of what the clubs and the race schools claim is something other than racing. And the broad references to “speed contests” and “surfaces designed or used for racing or speed contests” probably picks up autocrosses as well. Of course, clever attorneys can challenge specific wording in specific policies, but it is clear that battle lines have been drawn. The insurance companies have clearly set out to protect themselves from these activities, and proving that an individual policy does not apply is going to be an expensive, uphill legal battle. McKeel Hagerty, of Hagerty Collector Car Insurance, agrees wholeheartedly. Hagerty policies carry the same “racing surface” exclusion, which he states is quickly becoming the industry standard. “The single biggest problem has been the lack of a consistent legal definition of ‘racing.' You can either define it as what it is, which is difficult, or where it happens, which is easier.” Sports Car Market Greg Maythaler

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Hagerty is aware of the recent Utah driving event where a participant totaled his Enzo. Utah State Police had closed a section of public highway so event participants could do a top speed test. “I think this is going to be a watershed event,” says Hagerty. “Generally, events on public roads do not cause a coverage issue, but this one is different. While this particular loss will probably be covered, I would expect to see further policy changes. The logical extension would be to expand the exclusion to cover anything that happens on a ‘closed course,' even if it is otherwise a public road.” BACK TO THE CARRERA GT Now fold in two important points from the Carrera GT lawsuit story. In that case, all the organizers and some of the other participants have been sued, and the release signed by the plaintiff at the track has been challenged. Any participant whose insurance policy contains these or similar exclusions from liability coverage should be worried. Releases are usually upheld in court because the courts are aware of the extreme risks associated with this type of activity. But what if the person injured as a result of your mistake is able to challenge the validity of the release because he was not reasonably aware of all the relevant circumstances? Or, even worse, what if the injured person didn't sign a release? Keep in mind that, if the plaintiff is able to invalidate the release in the Carrera GT lawsuit, the flagger, the driver of the Ferrari, the organizers, the race track operators, and anyone else found to have been negligent will be held liable. And if you are in that position and your insurance policy has these types of exclusions, you won't have any insurance coverage at all. VERIFY YOUR COVERAGE Your best approach is to verify your coverage before going to the racetrack. Read your policy. Ask your agent to confirm the coverage. Hire an attorney to review the policy. Do whatever it takes to be sure. And if the coverage isn't there, consider buying a policy specifically designed for these activities. Don't make the mistake of thinking that all is okay because you are willing to write off your car. Remember that insurance policies now frequently exclude coverage for bodily injuries to other persons, which can easily be a much greater liability. ORGANIZERS, PAY SPECIAL ATTENTION Event organizers need to be careful about things that could lead to a claim that a release is ineffective. Some examples: • Describing track days as a “safe way to learn the limits of your car.” • Reassuring members they will be safe because it offers instructors to help them. • Failure to screen and train inexperienced members. • Lack of appropriate procedures to ensure that releases are properly signed by all participants. Be sure to check the amount of a club's insurance cover- age and evaluate its adequacy. In the Carrera GT lawsuit, the plaintiff is the estate of the deceased multi-millionaire passenger. How far do you think a $2 million insurance policy is going to go in that case? ASSESS YOUR RISKS ACCURATELY Unfortunately, this is the reality of our legal climate. The point is not to scare you out of participating in these events. The point is, before you do, take the time to consider what risks you are assuming, do whatever you can to insure against those risks, and then decide whether or not to participate. It's fine to assess the risks and make a calculated decision to assume them. It's tragic when you learn of the risks after the damage has occurred.u JOHN DRANEAS is an attorney and car collector in Oregon. His comments here are general in nature and not a substitute for a consultation with an attorney. He can be reached at legalfiles@sportscarmarket.com January 2007 31

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Collecting Thoughts Burned Bugatti Grover Berryman's Bugatti Ballad He finally resorted to starter fluid, and when the car turned over it backfired, igniting the gas in the carpet by Carl Bomstead Berryman's Van Vooren cabriolet, before... G rover Berryman was a young Air Force officer stationed in France in the early 1950s. He had long been attracted to the striking designs of European automobiles, and when he found a 1935 T57 Bugatti convertible coupe— S/N 57287—with stunning coachwork by Van Vooren, he bought it from the original owner, Pierre Paille-Vanatie of Bordeaux. Berryman used the Bugatti extensively during the following year as he toured the neighboring countries. But as the only unmarried officer in his unit, when the requirement came to assign an officer to Saudi Arabia, Berryman was the logical choice. Unable to take the T57 with him, he shipped it back to the States. His friend Ken Purdy stored the car for him until his homecoming in 1954. During Berryman's absence Purdy had arranged to have the engine and transmission rebuilt. When Berryman returned from his Arabian assignment, he repainted the car with several coats of lacquer, a paint job that would serve it well for over 40 years. He drove it regularly while he was home; he courted his future wife in it. Frequent Air Force assignments meant he had to store the Bugatti in his father-in-law's Pennsylvania barn in 1960. He would not retrieve it until 1996, at which time he and the car moved up to San Juan Island, off the coast of Washington, following his retirement. In retirement Berryman recommissioned the Bugatti. Both his daughters used it for their weddings. He showed it at many local events. The car was something of a rarity even among Bugattis, and noted marque expert Sandy Leith believed Berryman's Van Vooren T57 to be the only two-owner full-size Bugatti in the United States. And it ...and after was as such that the car was known in Bugatti circles. Now, sadly, it is known for another reason. In early September, as Berryman pre- pared the car for a local concours, tragedy struck. And to say that our friend Murphy and his immutable law might have had a hand in the car's plight would not be far from the truth. Berryman was having difficulty starting the car, and unbeknownst to him, gasoline had flowed from the carburetor onto the carpet beneath. He finally resorted to starter fluid, and when the car turned over it backfired, igniting the gas that had now permeated the carpet. Because the T57 was parked behind Berryman's everyday driver, he couldn't get it out of the space. By the time he returned with the right keys, the blaze had consumed the entire garage. The intense heat destroyed the ash firewall and aluminum portions of the engine and body. And though the garage's tile roof contained the fire and kept it from spreading to the nearby house, those same heavy tiles fell one by one onto the Bugatti, inflicting additional damage. In what must be the ultimate twisting of the knife, Berryman had not reviewed his insurance for several years, and his coverage—roughly $80,000—was a fraction of the car's current $500,000 market value. Though situations like Berryman's aren't common, McKeel Hagerty, CEO of Hagerty Collector Car Insurance, has seen them before. “Had Berryman known the value of his car had risen, he probably would have raised his coverage,” he says. He advises against trying to save money by underinsuring, and maintains that agreed value coverage is always the best way to go, with regular policy review. In fact, Hagerty says his company and other collector car insurers make suggestions when it might be time to raise coverage, based upon the market. Assuming Berryman gets a check from his insurance company, the car will likely be written off. And though he'll probably have the option to buy the Bugatti back, Hagerty suggests the hassles involved could be mighty. And then what? The car could be restored, but at a cost right out of Berryman's pocket. If Grover Berryman could turn back the clock, there is obviously a long list of things he would have done differently to prevent this loss. And other collectors should learn from his misfortune. The dangers of using starter fluid in an enclosed area can't be overstated. And please, periodically review your insurance coverage to make sure it does you justice should Murphy ever cast his ruinous eyes in your direction.u 34 Sports Car Market Sandy Leith

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Events Mudfest My Other Car's an SUV Journalists tackled a motocross course that had been heavily soaked, resulting in a satisfying muddy soup and messy photographs by Paul Duchene Duchene gets down and dirty in the Chrysler Aspen A 36 s the Senior Editor at SCM, I spend most of my days either writing about, editing, researching, or actually driving cranky (and often crappy) old cars. So when the invitation came to drive a bunch of new SUVs through a muddy bog, I leaped at the chance. After all, the odds seemed favorable that I wouldn't have to use my towing club card or bring my jumper cables, and none of the 24 SUVs would need oil added to get through the day (or as is sometimes the case with the SCM fleet, around the block). Twenty journalists gathered at Portland International Raceway to test a range of SUVS at the 13th annual Mudfest, put on by the Northwest Automotive Press Association (NWAPA). Figuring that SCMers likely have “real” cars as well, I put together an SUV-sized package of notes about my on- and off-road adventures that perhaps will be of assistance when you choose your next four-wheeled behemoth (or mini-behemoth, given current trends). Mudfest began with an autocross course to test acceleration, han- dling, and brakes in the track's pits, and the morning was filled with the sound of screeching tires and the smell of overworked brakes. Next came the off-road test on an artificially soaked-down motocross track, which resulted in a satisfying soup. Highway tests took place the next day. The SUVs ranged from pocket rockets like the Mazda CX-7 and Subaru Forester (DNF'd when the hillholder applied itself permanently) to luxo-barges like the Cadillac Escalade and Chrysler Aspen. Tire choices ranged from low-profile street use to mud boggers, with corresponding trade-offs of suitability. All SUVs tested were four-wheel drive; all were automatic, except for the five-speed Subaru. Almost all crammed in a third seat, which took up all the storage space and made me doubt the sanity of anyone who would dare to sit back there, dwarves and cocker spaniels excepted. Sports Car Market

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NWAPA announces their own awards each year, but my ratings are really for SCMers, so that's what you'll get here. Best Tonka Toy for Big Kids: Toyota FJ Cruiser Best Huge Thirsty SUV: GMC Yukon Denali Best SUV That Actually Handles: Mazda CX-7 Best Station Wagon Masquerading as an SUV: Chrysler Aspen Best SUV That Will Last So Long You Can Will It to Your Kids: Volvo XC90 And here are the NWAPA awards, by price and overall categories: Under $25,000: Honda CR-V $25,000–$34,999: Toyota FJ Cruiser $35,000–$45,000: Volvo XC70 Over $45,000: Volvo XC90 Overall winners: Best Value: Nissan Xterra Best Off-Road: Land Rover LR3 SUV of the Year: Toyota FJ Cruiser 2007 Acura MDX Sport Powertrain: 240-hp, turbocharged 2.3-L I4, 5A, 19/23 mpg MSRP: $37,165 Likes: Fine fit and finish, handles well. Quite good off-road. Gripes: Expensive and subdued in a very competitive field. Powertrain: 300-hp, 3.7-L V-TEC V6, 5A, 17/22 mpg MSRP: $48,465 Likes: Fast, excellent on-road handling. Elegant dash, beautiful leather interior, every bell and whistle down to navigation. Gripes: Limited off-road clearance, suspension bottomed out. Generic styling; I accidentally drove it twice because I didn't remember being in it the first time. Expensive but not exclusive. Fun to drive: On-road HHHH / Offroad HH Fun to look at: HH Overall experience: HHH Verdict: Shrunken redesign is improvement but looks like a metoo Murano, a cooler and cheaper ride. If you own an MDX, stick to skiing and leave the Rubicon to someone else. 2007 Acura RDX Powertrain: 350-hp, 4.2-L V8, 6A, 14/19 mpg MSRP: $63,770 Likes: Faster than an SUV should be, well finished, Audi signature is unmistakable. Gripes: Ugly “caterpillar mouth” grille, ugly dash, MMI control switch and radio controls on the console. Impossible back seat. Not happy off-road. Fun to drive: On-road HHH / Offroad HH Fun to look at: HH Overall experience: HHH Verdict: Usual durability questions. I wanted to like this useful wagon, January 2007 Powertrain: 320-hp, 5.3-L V8, 4A, 15/21 mpg MSRP: $50,475 Likes: Subtler than the Cadillac, except for fire-escape mesh grille. Almost one liter and 100-hp less than 6.2 liter engine, but gas mileage is only slightly better. Z71 package makes it useful off-road. Gripes: Feels a bit dated, a Plain Jane against its sisters. Fun to drive: On-road HH / Off-road HHH Fun to look at: HH Overall experience: HH Verdict: Base car a bargain at Powertrain: 380-hp, 6.2-L V8, 6A, 13/19 mpg MSRP: $54,015 Likes: Best compromise among GM jumbos. Black interior more tasteful than Escalade, overall better equipped and faster than Tahoe. Gripes: Unremarkable “brute ute” looks. Still feels like a 3/4-ton pickup. Fun to drive: On-road HHH / Offroad HHH Fun to look at: HH Overall experience: HHH Verdict: Big rig for country life, serves no purpose in suburbs, 37 Fun to drive:On-road HHHH / Offroad HHH Fun to look at: HH Overall experience: HHH Verdict: The much sharper Mazda CX-7 costs $5,000 less, so you've really got to want to be in an Acura for this to make sense. 2007 Audi Q7 Powertrain: 403-hp, 6.2-L V8, 6A, 13/19 mpg MSRP: $65,685 Likes: Big, fast, decent finish, cool blue gauges, simple dash. Gripes: Expensive and too much bling, 18-inch shiny wheels, badges in the headlights, trunk badge the size of a soccer ball. Cream leather a questionable choice for those with families and pets. Street tires are hopeless off-road. Fun to drive: On-road HH / Off-road H Fun to look at: HH Overall experience: HH Verdict:Urban 4X4, perfect for badly repaired inner city streets and little else. 2007 Chevrolet Tahoe LT Powertrain: 335-hp, 5.7-L V8, 5A, 14/19 mpg MSRP: $44,135 Likes: Tall 4X4 resembles Pacifica and Town & Country; better than both. Decent third seat and some storage space. Gripes: Off-road pretensions hurt by long wheelbase. Heavy hood should have hydraulic assist. Too much blonde wood and gray plastic. Fun to drive:On-road HH / Off-road H Fun to look at: HHH Overall experience: HHH Verdict:Chrysler minivan continues to evolve. Costs $20,000 less than the Escalade: a bargain if pieces don't start falling off. GMC Yukon Denali but the Volvo XC90 is $18,000 cheaper and better in nearly every way. 2007 Cadillac Escalade 2007 Chrysler Aspen Limited $37,000. But don't buy a working dog if you don't have a job for it. It will eat you out of house and home.

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Events Mudfest other than picking up 50-gallon drum of Wesson oil at Costco. 2007 Honda CR-V EX button on your remote to find your car in the parking lot. Ten-year, 100,000-mile drivetrain warranty still a real selling point. 2007 Jeep Compass Limited Off-road HHHH Fun to look at: HHH Overall experience: HHH Verdict: Family-style, hands-on Jeep, comes apart like a Lego set. Rugged, useful, and should be durable. Badly needs a V8. 2007 Kia Sorento EX drive to Tierra del Fuego, but who needs to do that? Thirsty, and how reliable around town? Range Rover Supercharged HSE Powertrain: 166-hp, 2.4-L V-TEC I4, 5A, 22/28 mpg MSRP: $24,645. Likes: Strong redesign has knock-off Mercedes R-class side windows, adds smiley-face grille. Unpretentious interior is predominantly gray. Seems quite thrifty. Gripes: Be careful off-road; Civicbased crossover has axles the size of thumbs and spidery suspension arms. Fun to drive: On-road HHH / Off-road H Fun to look at: HHH Overall experience: HHH Verdict: Class leader gets a bit bigger, a lot smoother. Platform shared with visually anonymous Acura RDX, which costs $13,000 more. 2007 Hyundai Santa Fe Limited Powertrain: 172-hp, 2.3-L DOHC I4, CVT auto, 25/29 mpg MSRP: $23,350 Likes: User-friendly controls, capable on- and off-road. Gripes: Butt ugly, lacks ground clearance off-road, engine drones at highway speed Fun to drive: On-road HHH / Off-road HH Fun to look at: H Overall experience: HH Verdict: Better than you think, but ugly chic is a tough sell—ask the Pontiac Aztek marketing team, if you can find them (I heard they're all working for Amway now). Flip-down tailgate speakers will make enemies as well as friends. 2007 Jeep Wrangler Unlimited Rubicon Powertrain: 244-hp, 3.8-L V6, 5A, 17/22 mpg MSRP: $29,865 Likes: Decent redesign. Well equipped. Gripes: Understeered badly on autocross. Fun to drive: On-road H / Off-road HH Fun to look at: HH Overall experience: HH Verdict: Placed in a very hot segment in which it's crucial to stand out. This doesn't and it's not cheap. 2007 Land Rover LR3 Powertrain: 400-hp, supercharged 4.2-L V8, 6A, 13/18 mpg MSRP: $95,350 Likes: Sophisticated as a light plane, but you'll never use all its abilities. Fabulous attention to detail—screens in seat backs a first-class touch. Goes like stink. Gripes: Black and white interior like an '80s nightclub. Shape is now dated. Thirsty. Fun to drive: On road HHH / Off-road HHHH Fun to look at: HHH Overall experience: HHH Verdict: Capable English symbol of wretched excess. “Hand me my brace of Purdys, boy…” 2007 Mazda CX-7 Powertrain: 300-hp, 4.4-L V8, 6A, 14/18 mpg Powertrain: 242-hp, 3.3-L V6, 5A, 19/24 mpg MSRP: $29,090 Likes: Improvement over silly used-bar-of-soap shape… Gripes: …but I can't remember what the new one looks like. Fun to drive: On-road HH / Off-road HH Fun to look at: HH Overall experience: HH Verdict: You'll need the panic Powertrain: 202-hp, 3.8-L V6, 4A, 16/19 mpg MSRP: $33,155 Likes: Cheap and cheerful convertible 4-door station wagon, comfortable front and back, capable off-road. Gripes: Feeble, thirsty engine. Allow 35 minutes to fold down windshield. Rear access limited by top, no room for winch battery underhood. Wide fenders will rip off. Fun to drive: On-road HH / MSRP: $56,475 Likes: My favorite rig from last year now seems incredibly busy. I spend hours adjusting sophisticated options, but I'm a motorhead. Suburban moms aren't. Gripes: Feels old-fashioned; simpler, more intuitive designs are available elsewhere Fun to drive:On-road HH / Off-road HHHH Fun to look at: HHH Overall experience: HHH Verdict: I know I can jump in and Powertrain: 244-hp, turbocharged 2.3-L I4, 6A, 18/24 mpg MSRP: $32,565 Likes: Best-handling pocket rocket. Zoomy interior, aggressive styling, smart, simple finish. Gripes: Silly corner windows due to steep windshield. Limited offroad clearance is disappointing. Fun to drive: On-road HHHH / Off-road HH Fun to look at: HHH Overall experience: HHHH Verdict:My top scorer in this very competitive category. 38 Sports Car Market

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Mercedes ML 320 CDI worry, will Mitsubishi stay in the U.S.? 2007 Nissan Xterra SE-V6 the Chrysler Aspen. Needs “not for off-road” sticker. 2007 Toyota FJ Cruiser Cayenne. Long-term maintenance costs are a big question. 2007 Volvo XC70 Powertrain: 215-hp, 3.2-L V6 diesel, 7A, 21/27 mpg MSRP: $58,705 Likes: Smooth design, beautiful finish, tons of torque from diesel, (398 ft-lbs), gazillions of options—even the back seats are heated. Handles well, great brakes. Not compliant off-road (you get bounced around), but capable. Gripes: Mid-size rig for big-size price. Fun to drive: On-road HHH / Off-road HHH Fun to look at: HHH Overall experience: HHH Verdict: Much better than earlier versions; diesel engine is a natural. Serious contender in its class, barring durability issues. 2007 Mitsubishi Outlander XLS Powertrain: 265-hp, 4-L V6, 5A, 16/21 mpg MSRP: $29,525 Likes: Powerful, capable, simple controls, great ground clearance, nice touches like step bumper and first aid kit in door Gripes: Truck-like ride too tough for some. Fun to drive:On-road HHH / Off-road HHHH Fun to look at: HH Overall experience: HHH Verdict: Last year's NWAPA winner (at a then-$24,000 MSRP) is now dated but still an uncompromising truck that acts like it would be hard to kill. Suzuki LX7 Limited Powertrain: 239-hp, 4-L V6, 5A, 17/21 mpg MSRP: $31,249 Likes: Big boy Tonka toy styling is original and fun with clamshell doors, rubber mats, “big knob” controls, inclinometer, and compass, three wipers, grade school colors. Gripes: Severely limited rear visibility, moderately limited forward view. Clamshell doors invite damage from over-opening. Fun to drive: On-road HHH / Off-road HHHH Fun to look at: HHHH Overall experience: HHHHH Verdict:A fun exercise that's intuitively functional. Screaming deal at the price. Nothing else comes close. 2007 Volkswagen Touareg Powertrain: 208-hp, 2.5-L I5, 5A, 18/25 mpg MSRP: $43,325 Likes: Familiar Volvo anvil. Lovely fit and finish, intuitive controls, masquerades as a normal wagon. Gripes: Expensive for a dated design. Fun to drive: On-road HHH / Off-road HHH Fun to look at: HH Overall experience: HHH Verdict: Compared to current generation of SUVs, this feels stiff and old. But it'll probably outlast us all. 2007 Volvo XC90 Powertrain: 235-hp, 3.2-L I6, 6A, 16/22 mpg MSRP: $45,200 Powertrain: 220-hp, 3-L V6, 6A, 19/22 mpg MSRP: $30,615 Likes: Contrarian choice. Goes like hell, with aggressive styling, paddle shifters, brushed aluminum interior touches, trick “low-loading” tailgate. Killer stereo. Decent rear seat room. Gripes: Silly third seat. Fun to drive: On-road HHHH / Off-road HHH Fun to look at: HHH Overall experience: HHH Verdict: Shared new Evo platform is also decent off-road. Main Powertrain: 252-hp, 3.6-L V6, 5A, 17/23 mpg MSRP: $32,384 Likes: Elegant styling, good finish, fast and handles well. Gripes: Poor ground clearance restricts off-road use drastically. Silly third seat. Expensive. Fun to drive: On-road HHH / Off-road H Fun to look at: HHH Overall experience: HH Verdict: Surprising upgrade for Suzuki, almost a small version of Powertrain: 276-hp, 3.5-L V6, 6A, 16-20 mpg MSRP: $47,610 Likes: Beautiful styling and finish, excellent handling and brakes, capable off-road. Gripes: Expensive for a VW. Fun to drive: On-road HHH / Off-road HHH Fun to look at: HHHH Overall experience: HHH Verdict: Touaregs have always existed in the shadow of the Porsche Likes: You could leave this to your kids. Big enough to be useful, small enough to park. The coolest taillights. Six-cylinder replaces inadequate five-cylinder engine, Gripes: Another silly third seat. Fun to drive:On road HHH / Off-road HHH Fun to look at: HHH Overall experience: HHH Verdict: A NWAPA-class winner for two years with a 5-cylinder and a V8 returns to see if a 6cylinder motor will do it this year. The XC90 should always be on the short list in this price category.u January 2007 39

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Events Beaulieu Autojumble Mixing It up at the Jumble When I headed to Heathrow on Sunday morning, Saunders's crew was on its second tank of acetylene and had the Fiat down to 21 inches by Robert Ames A two-wheeled love fest at Sammy Miller's Museum W ith far more than just a swap meet to take in, the Beaulieu International Autojumble makes for a great excuse to spend a long weekend across the pond. And this year's event marked two significant birthdays. Lord Montagu—overseer of the palace, the grounds, and the motor museum—turned 80, and the International Autojumble itself turned 40. I've made the Autojumble a tradition for the last half of that, and in many ways I prefer it to my annual October pilgrimage to Hershey. At Beaulieu you won't find massive motor homes on the field, and as a result there is far more merchandise per square foot. And because total aisle length is perhaps eight miles versus Hershey's thirty, it is much easier to revisit a stall when you've concluded you can't live without something. Beaulieu also seems to have been less affected by the “I'll put it on eBay” syndrome, so there are any number of specialist dealers you'll only find at major British shows. One of these is Tony Clark, who sells only original mo- toring art, paintings, drawings, and sketches by British artists from 1900 to 1980. Tony opened his specialty business about the time I started making the Autojumble a regular September stop, and I've purchased several pieces for my collection from him. This year I added a Russell Brockbank cartoon, and another Portland SCMer bought an oil painting by Gordon Crosby, the noted illustrator for Autocar in the 1930s. Clark's prices have always been competitive, particularly given the “one-off” nature of his offerings, and last year his was selected by host Lord Montagu as Stand of the Year. Such good press has earned Clark some prime, centrally located real estate, and his stand has become a gathering place for U.S. collectors on the weekend. Each year, the Beaulieu staff tries to feature an unusual 40 How low can you go? and hopefully newsworthy three-day automotive project, which makes use of things being sold on the fields. This year's effort involved nearby customizer Andy Saunders, who aimed for a place in the Guinness Book of Records by building the World's Lowest Car during the weekend. Saunders had held the record with a massively chopped and sectioned Mini, only to be eclipsed when a competitor got one down to 23.6 inches, road to roof. When I headed to Heathrow on Sunday morning, Saunders's crew was on its second tank of acetylene and had a Fiat 126 down to 21 inches. Rumor has it his work paid off, and on Sunday afternoon, he drove away in his little contraption. Away from the Autojumble itself, the Beaulieu grounds and surrounding area offer even more for the curious gearhead. In addition to the National Motor Museum adjacent to the Autojumble fields, there is the Sammy Miller Foundation Trust Museum just down the road. Located outside the village of New Milton in a beautifully reclaimed elderly commercial building, it represents one of the finest motorcycle collections in the world, and includes the entire history of the Island's two-wheelers, from AJS to Vincent in all major variants. Every one of the 300 machines on display is either restored or a very fine original example. There is no dust or oil anywhere—surely these can't be British? There are indeed significant examples and oddities from other countries, including the only two radial-engined motorcycles I've ever seen, one three- and one five-cylinder. As impressive as the bikes are, perhaps more so are the thousands of Sammy's tro- Plan ahead: September 8–9, 2007 Where: Beaulieu, Hampshire, U.K. Cost: $30 for adults, $15 for kids Phone: +44.1243.755055 More: www.beaulieu.co.uk phies on display, all perfectly polished and serving as sparkling evidence of what a great all-around rider he was. At 40 and counting, Beaulieu and all it represents are still as popular as ever. For automobilia collectors of any stripe, you won't find an assemblage so exciting. And for gearheads of any stripe, the nearby diversions are just icing on the cake.u DETAILS ROBERT AMES is a self-declared life-long car junkie who collects, races, and restores vintage cars. Sports Car Market

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Events Radnor Hunt Concours A Decade of the Hunt Most significant among the cars from Stuttgart was the 1963 901 Prototype— the oldest surviving 911 in the world by Dave Olimpi 1955 Ferrari 750 Monza of Bruce Perrone E 42 very year, car shows proliferate like roses (or weeds) in the spring. They begin with local show-and-shines featuring backyard beauties, and end with the Pebble Beach Concours d'Elegance. Admission ranges from free to hundreds of dollars, and crowds from tiny to smothering. This year's 10th Annual Radnor Hunt Concours was an amalgam of the best of both worlds, and offered an inexpensive $25 entry for a world-class show. Porsche was the honored marque this year, with French carrossiers and vintage motorcycles also occupying special places on the grounds of DETAILS Plan Ahead: September, 7–9, 2007 Where: Malvern, PA Cost: $25 admission Featured: Pierce-Arrow, Cars of the Mille Miglia More: www.radnorconcours.org Radnor Hunt, one of the oldest hunts in America. The diverse field of topnotch vehicles made for a memorable event with a professional feel, highlighted by the outstanding program, which liberally displayed the work of noted automotive photographer Michael Furman. On Saturday, 102 cars participated in the road rally through scenic Chester County hunt country. The parade included such cars as a 1913 RollsRoyce Silver Ghost, a 1914 Stellite Roadster, a 1929 Bentley Vanden Plas tourer, and a 1931 Franklin. The roads in this part of Pennsylvania are heaven-sent for rally enthusiasts, and this Sports Car Market

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Rad SCMers Don Meluzio—York, PA 1963 Porsche 901 Prototype 911, Best Porsche Fred Simeone—Philadelphia, PA 1970 Porsche 917 LH, Spirit of Radnor Award Bob Owens—Haverford, PA 1938 Bugatti T57 cabriolet, DuPont Homsey's Award Matthew Drendel's 1973 917-30 (s/n #004) year's moderate weather was made-to-order for the event. Saturday night's black tie gala began with a display of George H. Rothacker's award-winning automotive art. Also on hand was Richard Adatto, a leading authority on pre-war French aerodynamic cars, and author of the new book Delahaye Styling and Design. The 100 cars displayed on Sunday's concours field left attendees wanting for little. The variety and sumptu- ousness of French coachwork was displayed in more than 20 cars as diverse as the sleek Figoni et Falaschi 1939 Delahaye 135M of Malcolm Pray and the 1936 Pourtout Peugeot Darl'mat of James Patterson, as imposing as the 1926 Chapron-bodied Hispano Suiza H6B of Frank Ricciardelli, and as elegant as the 1938 Letourneur & Marchand Bugatti Type 57 of Bob Owens. The display featured several former Pebble Beach participants, and J.W. Marriott's 1938 Talbot-Lago Figoni et Falaschi cabriolet—fresh from receiving the French Cup in Monterey only three weeks earlier—was awarded Radnor's Best of Show. Fans of Porsche had plenty to celebrate as well. Amid the raw horsepower of several racing Porsches were a pair of 917s, including a 1970 917 LH owned by Frederick Simeone that finished second at that year's Le Mans. Scattered about were a handful of RSRs and 934s, a 959, and a 1984 962C, a back-to-back Daytona 24 Hour winner owned by the man who once raced it, Al Holbert. Perhaps most significant among the cars from Stuttgart was a little red car, the 1963 901 Prototype owned by Don Meluzio. It is the oldest surviving 911 in the world, one of four factory prototypes. For many people of the Radnor Hunt Concours—participants and spectators alike—the event serves as the backdrop for impromptu reunions. Because of the enduring interest in classic cars that has been a traditional part of Main Line Philadelphia since the birth of the automobile industry, many of the folks who make up this special weekend have known each other for decades. The Radnor Hunt Concours, the perpetuator of a great automotive legacy, should be on every car enthusiast's calendar. u DAVID OLIMPI is a private broker of vintage and classic sports cars, a photographer, and IAC/PFA judge for the Ferrari Club of America. James Patterson—Louisville, KY 1936 Peugeot Darl'mat coupe, Artist's Award Matt Drendel—Hickory, NC 1975 Porsche 934, Porsche 911-Based 1st Richard Riegel—Bedford Hills, NY 1931 DuPont Model H Sport phaeton, Most Elegant Open Malcolm Pray—Greenwich, CT 1939 Delahaye 135M cabriolet, French Classic Open 1st Ele Chesney—Toms River, NJ 1928 Minerva town car, Classic Closed Radnor Award Patrick Dean—Haverford, PA 1927 Amilcar CGS boattail racer, French Sporting Radnor Award Jeff Files—Durham, NC 1964 Elva-Porsche Mk IIS, Porsche Race Radnor Award Stephen Luk—Farmington, CT 1974 Porsche Carrera 3.0 RS, Porsche 911-Based Radnor Award William DiCiuircio—Mt. Laurel, NJ 1953 Cadillac Eldorado, Cadillac 1st Tom Kidd—Zionsville, PA 1930 Cadillac Fleetwood Madame X coupe, Cadillac Radnor Award Thomas Derro—Carlisle, MA 1935 Duesenberg J convertible Victoria, American Classic Radnor Award Tom Hansen—Beverly Hills, CA 1957 Mercedes-Benz 300SL roadster, Open Sports Car 1st Roy Brod—Lancaster, PA 1965 Ferrari 275 GTS, Open Sports Car Radnor Award Bruce Perrone—Pittsburgh, PA 1955 Ferrari 750 Monza, Historic Race 1st James Taylor—Gloversville, NY 1955 Jaguar D-type, Historic Race Radnor Award 1937 Peugeot Darl'mat 402 coupe of James Patterson January 2007 43

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Ferrari Profile 1961 Ferrari 250 GT SWB Berlinetta Ferrari says a car is “more authentic” if the non-original but correct type engine is replaced with a new casting, made in their foundry by John Apen DETAILS Years produced:1959–62 Number produced: 75 Comp, 90 street approx. Original list price: $14,000 SCM Valuation (steel): $1,500,000– $1,800,000 Tune up/major service: $2,000 Distributor cap: 2 @ $400 each Chassis #: Front frame tube Engine #: Engine rear mount Club: Ferrari Club of America, Box 720597, Atlanta, GA 30358 More: www.ferrariclubofamerica.org Alternatives: 1956–59 Ferrari 250 TdF, 1960–63 Aston Martin DB4GT Zagato, 1957–63 Mercedes-Benz 300SL COMPS Chassis # 2563 S old new in Italy to A. Demetrialdi in May 1961, this 250 GT SWB “Lusso” was imported into Switzerland in April 1963 and entered for its first race by its new owner, Daniel Siebenmann of Switzerland, at the “Auvergne 3 hours” in France, where it finished 23rd (pictured in Jess Pourret's “Ferrari 250 GT Competition,” page 132). In 1963 and 1964, Siebenmann raced the car at several hillclimbs in Switzerland. Siebenmann sold the car and it was exported to the U.S., where it remained until 1979 when Swiss broker Charles Gnädinger re-imported it to Switzerland. It was in this period when a replacement engine (#4467, from a 250 GTL Lusso) was fitted. (Additionally, a newly-cast block from the Ferrari Classiche center is included. See below for details.—SCM.) In 1984, it was acquired by a Ferrari collector in Geneva and continued its race history (1998 Tour Auto). In December 2001, the car was sent to Tony Merrick's GTO Engineering Ltd. for a technical check and race preparation (fitting a roll cage and safety devices). In spring 2002, the 250 GT SWB changed hands again. In the hands of its new Swiss owner it was raced regularly at the Shell Historic Ferrari Maserati Challenge from 2002 until 2005, and at the Tour Auto and Tour d'Espana. It also participated in the 2002, 2004, and 2006 Le Mans 44 Classics with Henri Pescarolo (2004) and François Fillon (2006) behind the wheel. The race history is well documented and accompanying the car is a thick folder of period and recent photos, bills, result lists, and event programs. Equipped with the necessary alterations like outside filler cap, integrated fire extinguisher, and roll cage, the car has current FIA papers. Since 2002 it has been meticulously serviced by Graber Sportgarage AG and all work is well documented with invoices available (over $318,000). The car is well sorted, in excellent condition, and 1960 Ferrari 250 GT SWB Comp Lot #142, S/N 1757 GT Condition: 2- Sold at $2,750,000 RM, Amelia, Island, FL, 3/11/2006 SCM ID# 40980 1961 Ferrari 250 GT SWB Lot #111, S/N 2551 GT Condition: 2+ Sold at $1,327,372 Sotheby's, Maranello, Italy, 6/28/2005 SCM ID# 38603 ready for any track event or even a Sunday afternoon cruise. #2563 is currently Swiss-registered. The SCM Analysis: This SWB sold for $1,762,300 at the Geneva Sportscar Auction on October 7, 2006. The price paid was at the low end of today's ever-escalating values, currently $1.7m to $2.2m for a “street” steel-bodied SWB. Prices for these cars have been increasing monthly, and SCM estimated last year's increase at 20 to 32%. So what are the principal factors influencing prices of SWBs? With SWBs, as with many Ferrari models, variations in engine, body material, and chassis are all-important. To paraphrase George Orwell: All SWBs are equal, but some SWBs are more equal than others. There were 165 (some say 167) SWBs produced, starting in 1959. It's called the SWB because while the chassis was similar to its predecessor, the LWB Berlinetta, commonly referred to as the TdF, the SWB used an 8” shorter wheelbase. Two major types of SWBs Sports Car Market Sportscar Auction Geneva

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were made, the Competizione for racing and a more luxurious version suitable for road use, which the factory called the Lusso (not to be confused with the 1962 to 1964 250 GTL Berlinetta Lusso). The competition version evolved into further sub-classes. The most famous deriva- tives were the 20 (some sources say 22 or 23) factory-built SEFAC Hot Rods. The remaining cars are a mix of steel and aluminum bodies with alloy cars predominantly used for competition, due to their weight advantage. About 90 steel cars were built. The competition cars were powerful, light, and competitive, and in 1961 the SWB captured the GT class of the Constructor's Championship. They are regarded as the most important GT racers of the time. But even for non-factory-built “comp” cars, competition history helps to elevate their value. The V12 that powered them was a direct descendant of Colombo's original 1.5-liter design. The street version was designated Tipo 168. Displacement was 2,953 cc; horsepower was 220 to 240 at 7500 rpm, with a compression of 9.2:1 and three Weber 36 DCS carbs. The 280-hp competition version, Tipo 168 B, got a 9.7:1 compression ratio, larger 40 DCL or even 46 DCF carbs, bigger valves, and lighter pistons and connecting rods. They also had lightweight “elektron” castings, and alloy-finned gearbox housings. The auction catalog described this accurately as a steel street SWB with some lim- ited competition history early on and a period replacement block. The extensive recent vintage racing history added little to its value. Was the value influenced much by the replacement engine? An interesting scrap of information in the catalog says: “Included is a new 250 SWB engine block of the type 168, delivered in early 2006 by Ferrari Classiche in Maranello, allowing to put the engine back to its original 250 SWB configuration as delivered and fitted by the factory in 1961.” What does this mean? To the purist the car is not a “numbers-matching car.” But the engine transplanted from the later Lusso is presumably a type 168 and is very close to being identical to the engine originally installed—thus most purveyors of the faith would deduct only minor points or dollars for this replacement. It would be far different if an engine of the wrong type, or—heaven forbid—an engine from a different make had been used. Engine replacement and the effect on value has been debated by collectors forever. But now we have another curious interpretation of what makes a car original, brought to us via the well-meaning Ferrari factory's new “Ferrari Classiche” division, which is offering a “Certification” document based on a car's adherence to factory records as determined by a rigorous inspection process at a location of their choosing. The process starts with a $630 application fee. And for cars manufactured prior to January 1980, a subsequent fee of up to $6,300. For official certification, the car's engine must be deemed authentic. It either a) must be the one originally installed, or b) the same type as originally installed but from another car of the same type. In this case, the implication is that the 1964 Lusso engine is not sufficiently close to have Ferrari Classiche issue a Certification of Authenticity. Instead they are recasting engine blocks with the “original casting molds” and are requiring that a new engine block be purchased for around $38,000. Around which the factory will build a new engine—from scratch, probably another $30,000 or more. It will then be stamped with their “Classiche” number in lieu of the original number. So you take an original block of the period out and substitute a newly cast block with modern alloys and the factory says now you are “Authentic.” This is an interesting twist on the age-old argument of “authenticity.” The Ferrari factory is saying that a car is “more authentic” if the non-original but correct type engine is replaced with a new casting, made in their foundry, than if it carries a block of the period. Most collectors find this interpretation—while beneficial in bringing into production long unavailable components—very curious. Only time will tell how the market will sort this out. Perhaps having a certificate will play a major role in market valuation in the future, which will then drive the market toward “official” Ferrari replacement blocks rather than periodcast blocks. Finally, condition strongly influences price and SCM's auction reporter, Julian Shoolheifer observed it was “in very, very good and nicely presented condition overall. Viewed on a staged area to set it off and allowing a really good look. Perfect black leather interior, but with Willans race harnesses and a full roll cage. Some delaminating at the edges of the glass and some slight micro blistering on some chrome parts. A large bubble in the paint by the fuel filler.” And of course there is the claimed $318,000 spent on recent maintenance. So overall it was a very nice specimen and probably a good buy, with a new certified block as a bonus. And as time passes, this surely won't be the last time the whole issue January 2007 of the new Ferrari certification program will be raised. If nothing else, it will make for some interesting barside discussions.u JOHN APEN owned the Atlanta Ferrari dealership, FAF Motorcars, for 17 years. He currently owns four pre-1974 Ferraris. Seat Time Hallingby's SWB Barney Hallingby, New York, NY: I bought #3143, a 1961 steel- bodied, comp-engine SWB in 2000 from another collector. I had known the car for several years, but thought he'd never sell. His call was a wonderful surprise. Having owned two other 250s (PF Series 1 and SWB Cal Spyder), I found this one to be faster, tighter, and more responsive. All in all, a true pleasure to drive. Easy to see why it's often referred to as the last Ferrari you'd drive to the track, on the track, and then home from the track. My only complaint: I don't find the rigid racing buckets very comfortable for long distances. Edward Levy, Englewood, CO: In the early '60s I factory-ordered a Lotus Elan SE. My wife had a brand new E-type convertible we had to sell to pay for my Lotus, due to arrive shortly from England. I knew Bob Grossman as a Jaguar dealer, and also as my hero at the time for his international exploits on the race circuit, and I followed his career quite closely. I brought the Jag up to Grossman's Nyack, NY, dealership, and I told him my plans to go to Limerock with the Lotus for driving school. I also told him I wanted to sell the Jag in order to pay for my new Lotus. He said he had some cars I might be interested in seeing, and sug- gested maybe I could pick one to trade on the Jag instead of his buying it outright. I was very excited about my Lotus coming in any day, and I had waited for its arrival for some months, but out of respect for Grossman I agreed to take a look at what he had in his warehouse. When we got to the building and he turned on the lights, there they were, all lined up against the walls—just about every Ferrari he had raced at Le Mans, Bridgehampton, Nassau, Watkins Glen, etc. I didn't know what do. Even when Bob intervened and said pick one and I'll trade you straight across for your wife's Jaguar, I was speechless. Though he made it clear some weren't available, what was available included a 250 GT SWB and a GTO. Five or ten minutes later, when I could think, I weighed in my mind a used race car or a brand new Lotus? A race car from my hero, or the new Lotus for which I had waited months? I was just 22 or 23 and didn't really know what I was doing, or what that offer meant. Instead of the trade, I chose to sell him the Jaguar, took the check, and ran. I had no idea what I had just done. For that matter, I had no idea what those Ferraris would be worth 35 years later.u 45

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Sheehan Speaks Michael Sheehan The Madness of Crowds Who are the famous muscle car coachbuilders? What world-famous races did they win? What movie star picked them up new at the factory? B ack in the May 2004 issue of SCM, I wrote how muscle cars—Hemis in particular—had soared past comparable Ferraris. In May 2005's SCM, I noted that prices for muscle cars and post-war American show cars had risen faster than anything since the Ferrari glory days (glory if you got out in time, Titanic-sized disaster if you held on) of 1985–90. Since May 2005, a very nice Daytona coupe has gone from $150,000 to $225,000 while Hemi 'Cuda coupes have spiraled ever upward to a nose-bleeding $1.5 million. The muscle car crowd continues to say, “This time it's different,” and that “These cars are all being sold to end users, not speculators.” Sorry, but I've heard that before. THIS TIME IT'S DIFFERENT? I've survived four recessions; from 1973–75 (the first gas crisis); 1980–85 (21% interest, real estate tanked); 1990–95 (FDIC credit crunch, real estate tanked); and a mild one in '00–'01 when the NASDAQ imploded and 9-11 changed our world. Market run-ups are easy to trace. The Ferrari madness of 1985–90 was fueled by Japanese collectors with 2% bank money leveraged from a property bubble. Meanwhile, Baby Boomers (my generation) celebrated their “Big 4-0” by throwing money at Ferraris. Add in the fax machine, which allowed any car to be offered worldwide in hours, and speculation about Enzo Ferrari's expected demise, and you've got the makings of a very frothy market. Finally, combine it with the growing attraction of user- friendly events such as the Monterey Historic races and the Colorado Grand, where boys could display their new (and very expensive toys), and prices went mad. After a run-up of 500%, the correction was ugly. Very ugly. UNSUSTAINABLE LEVELS So let me tell you exactly what I think is going on right now. I believe that the marketing abilities of the American auction houses—fueled by America's bizarre “reality-show” fascination with Speed television's on-air auctions—have moved muscle car prices to unsustainable levels. Indeed, I think we have already entered the next turndown. Consider the Barrett-Jackson Arizona auction sales of approximately $34 million in 2004, $65 million in 2005, and $100 million in 2006. At this rate, to sustain this growth, the Barrett-Jackson number for 2007 must range between $125 million and $150 million. Where are those cars going to come from? How many days will it take to reach that goal? And if it isn't reached, what message is that going to send to an audience that has been trained to see ever-upward results? HOW HIGH IS THE SKY? With a Hemi 'Cuda convertible selling for $2,100,000 at last year's Barrett-Jackson auction, what figure will it 46 At $225,000, Daytonas are a gift from the gods have to hit this year to sustain the market's expectations? $3,000,000? $4,000,000? And as a secondary thought, how did prices on these cars ever get this high in the first place? Muscle cars appeal to the blue-collar crowd, and many upwardly mobile construction- workers-turned-contractors have grown rich in the decade-long housing boom. For the last half-dozen years, the wealthy drywall contractor from Phoenix or cement contractor from Dallas could be counted on to support this muscle car market. TWIN ANTENNAS DON'T EQUAL LIMITED PRODUCTION Muscle cars are a “one generation” 1964–1971, North America-only phenomenon, and with the exception of a few global eccentrics, an international muscle car market doesn't exist. The muscle car market is out of whack because, at least to me, most of these cars have no inherent collectible value. Ferrari has almost 60 years of international racing success in Formula One, GT rac- ing and Sports Prototypes, while also building the ultimate transportation for those both sporting and wealthy. But who are the famous muscle car coachbuilders? What world-famous race in a ro- mantic location did they win? When will they go up the ramp at Pebble or Villa d'Este? What movie star or world celebrity picked them up at the factory when new? Who ever parked one in front of the Casino on Monte Carlo Weekend? The auction houses' ability to define “limited production” models by identifying two with twin aerials and a carpeted trunk is snake-oil salesmanship. Dodge, Plymouth, Chevrolet, and Ford made 100,000 other cars that look just the same. THE BIG PICTURE Consider the current economic picture. Former Fed chairman Alan Greenspan engi- neered the greatest equity bubble (in absolute value) in history, but at a heavy price. While his supporters laud him for carefully engineering the “Goldilocks” economy (not too hot, not too cold), that long equity party was underpinned by debt—and debt by printing paper. The US Treasury perpetuates the debt cycle every month, calling them bonds and notes, as the U.S. is still the only country capable of getting the rest of the world to accept unlimited pieces of paper. The concept of federal fiscal responsibility is out the window when a single administration prints trillions of dollars and runs up trillions in debt. Now seven or eight Asian creditor nations “own” 50% of U.S. Treasury debt. And thanks to Greenspan's policy, many people are in over their heads, with low-entry adjustable rate mortgages. As the 3.5%, or 4.0%, or 4.5% short term loans roll over and become 5.5% or 6% loans, negative equity and defaults soar. The American political system rarely looks beyond the next election, and most people don't look beyond their next mortgage payment. But throw in the cost of a no- Sports Car Market

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pay-as-you-go war, an illegal immigrant powder keg, a lame-duck President with an all-time low rating (and I'm a Republican), an ever-widening gap between rich and middle income America, and a massive deficit, and a market correction is past due. This author's sale of 330 P3/4 S/N 0854 for $10,500,000 to Japan in September 1989, followed by the sale of 250 GTO S/N 3909 to Japan for $13,837,500 in November 1989 became symbols of the madness of the Ferrari market. I believe that such sales as the 1953 General Motors “Parade of Progress” bus for $4,320,000 will represent the mad-money mark of American muscle and show cars from 2000–2006. SCM Senior Editor and columnist Paul Duchene wrote a two-page profile of the bus and its sale in the April 2006 issue of SCM and opined in the second from last paragraph that this insane $4,000,000-plus is unrepeatable and the next one will sell for closer to $400,000. I believe that time will prove him correct, and if so, that's a 90% correction or $3,600,000 “write-down,” one hell of a price to pay for 15 seconds of Speed television glory. Some people argue the transfer of wealth from the saving generation (the Baby Boomer's recession-raised parents) to the free-spending Boomers will result in a “soft landing” for the muscle car market. Any landing you walk away from is a good landing, but this plane's coming in mighty fast. A CORRECTION IS DUE After 32 years of dealing in Ferraris, I've learned that when the market doubles, then doubles again, a correction is due. When a market doubles a third time, as the muscle car and American show car market has done, I'm glad I'm not a participant. A Ferrari Daytona at $225,000 today is a gift from the gods, compared to a Hemi 'Cuda at $1 million-plus. Such a Daytona costs less than half its 1989 high and most Ferraris are bargains relative to the inflation rate from 1990 to 2006. Excluding the ultra exotic 250 TdF-SWB-GTO-LM, Ferrari collector cars are up less than 100% in almost a decade, a sustainable rate. I own three Ferraris, (212 S/N 0147, 365 GTB/4C conversion S/N 12681, and 308 SCCA GT-2 S/N 20537) and I mulled over selling them. Given the modest increase in the last decade, anything I might “make” by selling them would be offset by the cost of buying similar cars later... even at a reduced price. Their values could not drop enough to recoup the “spread,” especially when one considers the real cost of selling cars today, then buying cars later, with California's 8% sale tax, 2% registration, etc. What that means is that these Ferraris have settled in to a consistent market value, with very little speculation. In short, a healthy, predictable market. And their inherent values are based on fundamentals. Decades of championship wins, celebrity ownership, technological sophistication, famous coachbuilders, and international recognition as the automotive icon of the 20th century. That's a lineage no weekend burgerland-cruise-in muscle car can touch. Sell your muscle cars, enjoy your Ferraris.u MICHAEL SHEEHAN has been a Ferrari broker and race car driver for 30 years. January 2007 47

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English Profile 1925 Rolls-Royce WWI Armored Car Replica Bonhams exhibited British understatement when it said, “Prospective buyers are advised not to rely heavily on the front brakes, which are not connected” by Diane Brandon DETAILS Years produced: 1914–25 Number produced: 200 approx. Original list price: Unknown (Classified) SCM Valuation: $87,750 at least Tune-up/major service: $2,500–$3,500 Distributor cap: $225 Chassis #: Aluminum plate on firewall Engine #: Engine block on right side Club: Rolls-Royce Owners' Club, 191 Hempt Road, Mechanicsburg PA 17055 More: www.rroc.org Alternatives: 1940–45 White M2 halftrack, 1940–45 White M3 armored car, 1959–72 Alvis FV601 Saladin armored car SCM Investment Grade: B COMPS 1914 Rolls-Royce Silver Ghost Lot #102, S/N 67 RB Condition: 3 Sold at $123,008 B-J/Coys, Monte Carlo, Monaco, 5/17/2002 SCM ID# 28338 Chassis No. S286PK O nce described by Lawrence of Arabia as “above rubies in the desert,” Rolls-Royce's WWI armored cars proved to be astonishingly durable. But a mandate from the British Government did what the Empire's enemies couldn't and the last was scrapped in 1944. There are no survivors, but an accurate replica just sold at auction. The project stemmed from a 1914 report that Belgian soldiers were using an armor-plated Minerva sedan car to raid the German Army. Inspired by this knowledge, RollsRoyce quickly armored an assortment of Rolls-Royce Silver Ghosts donated by private citizens. The cars were shielded with 3/8” thick armor plate, fit- ted with dual rear axles and two machine guns, with 3,000 rounds of ammunition. They carried a crew of three and despite their crudeness (and four ton weight), could reliably maintain 60 mph on dirt roads, thanks to the sevenliter, six-cylinder engine. Each car had a five-foot steel machine gun turret, with an open wooden platform behind it. The hood was armor-plated and the vulnerable radiator shielded by two armored doors, which could be closed by the driver. The driver sat on the mattress-covered floor, leaning against a 48 canvas sling, looking through a narrow slit. The only other alteration was to install 13 leaf springs in front and 15 leaf springs at the rear, for the added weight. The armored cars were organized into fifteen squad- rons. They weren't suited for the stalemated Western Front, so were dispatched to Africa and the Middle East. Most went to Egypt, sporting names like “Bull Dog,” “Biter,” “Bloodhound,” and “Blast.” They were spectacularly reliable—“a triumph of 1940 Vickers-Armstrong Valentine Lot #258 Condition: 6+ Sold at $22,035 Bonhams, Melbourne, Australia, 5/23/2006 SCM ID# 41645 British workmanship”—crowed The Times, but awkward and ungainly. In fact they were mistaken for water trucks by a German spy in West Africa; a costly mistake, one imagines. Colonel T. E. Lawrence (Lawrence of Arabia) commanded a fleet of nine Rolls-Royce armored cars in Palestine. On one single day, Lawrence took three of the cars and captured two Turkish posts, blew up a bridge, wiped out a Kurdish cavalry regiment, blew up another bridge, and ripped up miles of rails, throwing the whole Turkish supply system into chaos. After the Armistice, the journalist Lowell Thomas asked Lawrence if there was any- thing he would like to have. Lawrence answered, “I should like to have a Rolls-Royce car with enough tires and petrol to last me all my life.” The early passenger car conversions were so effective, the War Office ordered spe- cifically-designed armored cars to be built on the Silver Ghost platform. These cars were assigned chassis numbers WO1–279. Officially phased out in 1922, some served in India Sports Car Market Bonhams & Butterfields

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Springfield Bang Ended With a Whimper Frank Cooke's armored car is a vehicle Rolls-Royce never built, since it's based on a 1925 American Silver Ghost chassis. During WWI, Rolls-Royce made aero engines under license in the U.S. At war's end, many skilled Rolls-Royce personnel were still in America, and Silver Ghost production was at capacity in England. U.S. import duty was high, so Managing Director Claude Johnson suggested the company build cars in the States. On October 18, 1919, Rolls-Royce of America, Inc., was launched in Springfield, MA, with 150,000 square feet of floor space in six buildings. The factory was located on a railroad spur for shipping and also on a streetcar line, since few workers owned $125 Model T Fords, let alone the Silver Ghosts they were making, which ranged from $11,385–$15,560. Between 1921 and 1926, Rolls-Royce produced 1,703 Silver Ghosts and from 1926–31 made 1,241 New Phantoms in the U.S. One of the Silver Ghost chassis carries Cooke's armored car, in place of its “Paddington” limousine body. The 1929 “Black Friday” stock market crash effectively killed the luxury car market, though 150 more cars were assembled from inventory. Two Brewster bodies were “Paddington” limousine built by R-R Custom Coachworks in Springdfield, MA fitted to British-made Phantom II chassis between 1933 and 1935 and the doors finally closed in October of 1936.—Diane Brandonu January 2007 49

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English Profile during World War II until they were all scrapped in 1944. The SCM Analysis: This car sold for $87,750, including buyer's premium, at Bonhams's sale of the Frank Cooke Collection at the late Mr. Cooke's “Vintage Garage,” North Brookfield, Massachusetts, on September 23, 2006. Frank Cooke (1913–2005) was an expert in the field of optical engineering and technology. He was part of the team that developed space optics for NASA on the Galileo probe and the Hubble telescope. To Rolls-Royce and Bentley enthusiasts, Frank was the go-to man who could fix anything. For many years, as Technical Director of the Rolls-Royce Owners' Club, he held numerous seminars and was famous for the cutaway engines he crafted for his classroom exhibits. He taught me much of what I know about these cars. Cooke turned his avocation into a vocation when he formed The Vintage Garage. Anyone challenged with a difficult mechanical problem with a Rolls-Royce or Bentley—regardless of its vintage—knew that Frank could handle it. Cars were sent to him from all over North America for maintenance and repair. He developed a brilliant fix for the Achilles heel of the Rolls-Royce Phantom, the infamous cam follower problem. When I whined to him about having to spend $150 for a correct oil filter for my post-war Bentley, (which required oil changes every 1,000 miles), he promptly fabricated and sent, as a gift, a machined spin-on filter fitting that I could use with inexpensive and readily available filters. Cooke was so creative and mechanically skilled that he was the ideal man to build this replica in the late 1970s. Starting with a 1925 Rolls-Royce Springfield Silver Ghost rolling chassis, he fabricated this spot-on replica of a production armored car. Using aluminum for the armor plate, he followed the original drawings from the War Office to create an exact duplicate of the 1920 Pattern Mk I RollsRoyce Armored Car. Unlike many re-creations, Cooke never tried to pass this off as the genuine article and was quick to point out it was just something he built for fun. The replica was displayed at numerous Rolls-Royce Owners' Club events during the 1980s, and was exhibited at the Collier Museum in Naples, Florida, in 1993. Frank was always happy to show how the car was fabricated and if you were lucky, he would help you up onto the machine gun platform and give you a ride. The car has not been used in recent years, and once the new buyer has made it road-worthy again, it should provide many years of enjoyment. The Bonhams condition disclosure exhibited British understatement when it said “Prospective buyers are advised not to rely heavily on the front brakes, which are not connected.” It's difficult to place a value on “HMS Sherman” or do more than speculate on appreciation possibilities, since this is the only one. However, I'd have to say that since it's accurate to the last rivet and there's unlikely ever to be another, this was well-bought. If the new owner wants to maximize his investment, the body could be removed and preserved as a piece of history. With research, work and money, the restored chassis could be reunited with a correct body. This chassis originally was fitted with a body built by Rolls-Royce Custom Coachworks called a “Paddington,” number CA1642. It was a commo- Morrison in S/N 32PB dious formal limousine with division window and dual side-mounted spares. Whether fitted with the original coachwork, or another period-correct Springfield Rolls-Royce body, the finished car in condition 2 or better would be worth in the $200,000 to $400,000 range. The most elegant and rare coachwork, correctly done and impeccably presented, would carry the highest value.u DIANE BRANDON was the National Director of the Rolls Royce Owners' Club for eight years and a Pebble Beach Concours d'Elegance class judge for Rolls-Royce and Bentley for 22 years. Seat Time Roger Morrison, Salina, KS: When Road & Track ranked “The 100 Best Cars of 100 Years,” the RollsRoyce Silver Ghost of 1907–1925 was number three. Phil Hill selected “five he would like to have, even today.” One was the 1914 Silver Ghost Alpine Eagle. “This was the model with a 4-speed gearbox, oversize radiator and larger brakes. The car was lovely and refined then; it still is.” You look over the long bonnet to the Flying Lady. Idle is an eerily quiet few hundred rpm. The cone clutch engages so smoothly that top gear starts are possible. With 300 ft-lbs of torque at 1000 rpm, the 7.6-liter, six-cylinder engine gives a surprisingly quick getaway. Minimal gear changes are required even on hills. The steering is quick and light with two turns lock to lock. To drive a Ghost smoothly is its own reward. All your extremities have something interesting to do and are rewarded with instant feedback. As the car approaches its 100th birthday, you understand why in its day it was the best car in the world. In September 2005, Sissy and I enjoyed 2,000 miles of trouble-free touring in our 1914 Silver Ghost in England, Wales, and Ireland. In June 2007, we will drive “The Extreme Alpine” in France and Switzerland. Based on over 30,000 miles of pleasurable Ghost driving, and considering its eligibility for numerous events, it is the last car I would sell. Alexander Andreadis, London, U.K.: My car is a 1908 Rolls-Royce 40/50 Ghost, chassis no. 756, with a “Roi des Belges” body by H.J. Mulliner. It is believed to be the sixth oldest surviving original Ghost chassis. The first original owner was London theatrical producer George Edwards, who is believed to have named his car “The Silver Dollar” after a West End play he was producing. Subsequent history is rather hazy until the mid '60s, when it was discovered on a farm in the rural midland of England by Veteran Car Club chairman Cecil Bendall in extraordinarily complete but dilapidated condition. Uniquely for its age, it still carried the rear half of the original Mulliner Roi des Belges bodywork. The car was restored over a ten-year period by top marque specialists, though Bendall grew tired of waiting and sold it to Bentley enthusiast Bill Lake. Following the restoration, Lake swapped it for a Le Mans team Bentley Speed Six owned by Bill Lassiter in the U.S. In the U.S., the car resided first with Lassiter, then with Tom Batchelor, ending up finally in the famous Rick Carroll Collection in Palm Beach, FL. Following his death the car was returned to England by Charles (Car) Howard, and I acquired it in 1993. It still carries its original English registration—R 549—with which it left the Rolls-Royce showroom on Conduit Street, London, in 1908. I have driven the car extensively, competing in various European rallies to great success. It has also won various trophies and concours in Switzerland, where I keep the car, as you can see from the photo, taken at its home in St. Moritz.u Andreadis's Ghost in its winter home 50 Sports Car Market

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English Patient Gary Anderson Lucky Seven and the Race Against Time If you reduce a sports car to its essence, what's left looks like the original Lotus Seven South Africa's Seven, made by Birkin S ome concepts are so correct they become instant classics. Such is the stark Lotus Seven. It saved Lotus Engineering and Colin Chapman financially, dominated club racing in both America and Europe, and is still an active factor in the automobile industry 50 years later. After WWII, England was fertile ground for week- end amateur racing, with hill climbs, off-road trials, and circuit racing on both old courses and recently-vacated airfields. Colin Chapman was an active participant. Starting as an engineering student, then as an RAF officer and later as an engineering company employee, he built and raced a series of cars of his own design. ROBUST AND SIMPLE DESIGNS Chapman founded Lotus Engineering in 1952—sup- posedly naming it after the mythological flower, which induces drowsiness and forgetfulness—a reference to his late nights in his father-in-law's garage. Chapman produced a series of stripped-down models between 1947 and 1955 that he numbered Mark 1 through Mark 6. He 52 used Austin Seven and Ford Ten 4-cylinder, flathead engines, notable more for robustness and simplicity than power. The Mark 6 was a turning point in Chapman's life, when he sold the huge number of 110 in three years of production. With such proven demand, he quit his day job to run Lotus Engineering full time. Attracted by the glamour of road racing, Chapman deferred plans for a successor to the Mark 6, and with designer Frank Costin, who had joined him in 1954, developed a series of sports racers that he numbered Mark 8 through Mark 11. The Lotus Eleven was the final car of this series and 270 were made. Today it's a popular vintage racer and the fastest variation is capable of 165 mph, with the 1,462-cc Coventry-Climax twin-cam. Westfield has made a number of accurate replicas. The Lotus Seven finally appeared in 1957, built around the 1,172-cc Ford Anglia 100E side-valve engine. Though it had a tube chassis and aluminum body panels, it closely resembled the previous (and taller) trials cars, with front cycle fenders and a minimal, door-less body. The square rear end had no overhang, and the driver sat against the live rear axle. A skeletal top was optional, for sissies. DESIGNED FOR ROAD AND TRACK Weighing less than 1,100 pounds, the Seven stood only 28 inches high, with a wheel- base of 88 inches. The Model A-style Ford engine developed 36 horsepower and took 17 seconds to get the car to 60 mph via a three-speed transmission. In kit form it sold for 499–699 pounds ($1,400–$1,600), depending on the engine. The Lotus Seven was designed to be street driven, as well as raced. The kit form Sports Car Market

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avoided purchase tax (which added 50% to the price), and gave customers the chance to install their own engines. Most of the suspension and drivetrain components came from current British cars, so used parts were an option. The easily-tuned BMC 948-cc engine from the Morris Minor and Austin-Healey Sprite soon replaced the Ford side-valve engine, and Ford's wickedly over-square 997 cc 105E motor arrived with a four-speed, all-synchro box in 1961. From late 1958, the highly-strung 1,098-cc Coventry-Climax overhead-cam engine was available, so the chassis and suspension were beefed up to handle the greater power and the 105 mph top speed to create the Lotus Super Seven. The key to the Seven is not that it was enormously powerful—the various 4-cylinder engines produced only 40–75 horsepower—but that it was light. The Seven found a ready market in England, and was easily exported. With the cycle fenders replaced by long fenders fastened to the body, it swept up trophies in SCCA racing. SEVEN SAVED THE ELITE The Series 1 Lotus Seven sold 242 copies from 1957 to 1960, double its predecessor's total. The success was timely; Chapman was strapped for cash due to delays with the new Lotus Elite—his first true street car. Without the Seven, the Elite might have failed; it also helped to underwrite the expensive race cars with which Chapman revolutionized Formula racing. In 1960, Chapman updated the Lotus Seven. By redesigning the chassis and com- ponents, he was able to reduce production costs. Assembly of the car—still sold as a kit—was easier, and performance better. The Series 2, produced from 1960 to 1968, was popular worldwide; the Seven cost $2,995 in the U.S., while the Super Seven retailed for $3,445. Most people chose the 1,498-cc Ford Cortina motor, with which 0–60 times dropped below eight seconds. By 1968, the car had sold an estimated 1,350 copies (records aren't entirely reliable), generating a solid cash flow for the Elan and upcoming Europa. Chapman was busy with Formula 1 and tried to phase out the Seven in 1966. Enter the Caterham company, which became sole distributor at that time, and took over all manufacturing by 1968. A Ford Cortina 1,600-cc crossflow engine became the most popular powerplant, but about a dozen cars got the Lotus twin-cam engine developed for Lotus Formula cars, and these SS models command a 50 percent premium. Chapman finally ended production of the Lotus Seven in 1972. STILL BARGAIN BUYS One would think that with fewer than 3,000 Lotus Sevens produced, they would be valuable. After all, SCM values Lotus Elevens at $50,000–$75,000. But it's not so, even if you can prove that your Lotus Seven chassis number plate was originally stamped at the Lotus works in Hethel, England. The ease with which the other components could be replaced or reproduced, and the likelihood that any car had at least one massive shunt in its racing life, means that they seldom command $30,000. Condition is more important than provenance. But if you can prove your car is real and uses all the same components, engine, brakes, and so forth as it did originally, it's a competitive vintage racer. A Lotus Seven is as close as you can get to a Formula Junior without having to race wheel-to-nakedwheel. Chapman sold all rights, all the dies, plans, and related material to Caterham and you can still buy a brand-new Caterham Seven today (see www.caterham.co.uk). It uses the Ford Zetec engine, a fierce powerplant that can be tuned all the way up to 200-plus horsepower, for 0–60 times under six seconds. The chassis still weighs less January 2007 than 1,500 pounds, even with (some) modern amenities. The Caterham Seven is still often sold in kit form, which avoids all sorts of nuisances like crash-testing, environmental regulations, and import restrictions. 90 COMPANIES COPIED IT Caterham isn't the only source for this car. There was little in the design that could be patented or protected, so it has attracted numerous copies. The first contender was Westfield, (www.westfieldeleven.com), which introduced its own version in England when Lotus ceased manufacturing. Westfield did change—and they would argue, improve—some key elements of their design when Caterham sued them in the 1980s. More recently, with the blessings of Hazel Chapman, Colin's wife and heir, the Birkin company in South Africa introduced its own Lotus Seven. They claim that their version is truer to the original design, and kits are available from www.birkindirect.com. Beyond these three companies, there are so many other types of copies (90 have been recorded) that a book was written about them. Most are visual imitations, rebodying everything from Pintos to Miatas, while others are even more rudimentary, such as the LoCost, a kit developed from a book on how to build a sports car for £500. If you reduce a sports car to its essence, what you are left with looks a lot like the original Lotus Seven—50 years later. Visceral power and race-car handling remain irresistible. For those looking for a vintage experience, there is probably no car that offers more from less. In the truest sense of the word, the Lotus Seven is where the rubber meets the road, and every vintage car enthusiast should own at least one, at least once, in his motoring lifetime.u GARY ANDERSON is the editor of MC2 (www. mc2magazine.com) the magazine for Mini owners. Caterham's 7, about as close to Formula racing as it gets 53

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Etceterini & Friends Profile 1965 OSCA 1600 GT Zagato The $169,000 achieved in Geneva for #99 represents an 82% appreciation in 48 months by Donald Osborne DETAILS Years produced: 1961–65 Number produced: 128 (98 by Zagato) Original list price: $7,000 SCM Valuation: $150,000–$175,000 Tune-up/major service: $500 Distributor cap: $30 Chassis #: By right front suspension pick-up point Engine #: On block below carburetors Club: Fiat OSCA Registry, 36 Maypole Dr., Chigwell, Essex, UK More: www.maseratinet.com Alternatives: 1960–63 Porsche 356 S90, 1959–62 Fiat Abarth 1000 Bialbero, 1959–63 Lancia Flaminia Sport Investment Grade: B COMPS Chassis number: IGM2636.OM 0099 J ust before the outbreak of WWII, the Maserati brothers sold their company to industrialist Adolfo Orsi. Not long after the war was over, they decided their real interests lay in racing, and together they formed OSCA—short for the rather more cumbersome Officina Specializzata Costruzione Automobili Maserati. A variety of racing endeavors followed—including an ambitious V12 Formula One project—but OSCAs shone in the smaller displacement classes. Frequent competitors in important races throughout Europe and America, they were driven by such notable pilots as Stirling Moss, Luigi Villoresi, and Prince Behra. While producing a wide variety of two-seat racing cars—all clothed by local coachbuilders—OSCA was approached by Fiat to develop a larger version of OSCA's existing twin-cam engine for use in the 1500S sports car. Shortly afterward, OSCA decided to offer a street car and the natural engine choice was a 1,600-cc version of the engine developed for Fiat. The job of designing the coachwork fell to Zagato. Two versions were built: a normal roof design, as well as one of the prettiest cars of the era, the so-called double bubble coupes. While certainly a dramatic styling element, the roof-top bubbles were also practical, adding inches of headroom and incorporating vents at the rear to keep cabin temperatures down during races. These cars, with their thoroughbred racing engines and 54 nimble chassis, were among the best-looking road/race cars of their time. This exceptional, unrestored and original example is a U.S.-delivery car. It had only two owners in America and has been part of an important private collection in Switzerland. The car's all-alloy coachwork remains in excellent condition. Most of the paint is original; the interior is completely original and remarkably well-preserved. It comes with a U.S. title and a Swiss customs document. The SCM Analysis: This car sold for $168,800 at 1961 OSCA 1600 GT Lot #112, S/N 0093 Condition: 2+ Sold at $107,800 RM, Amelia Island, FL, 3/8/2003 SCM ID# 30544 1965 OSCA 1600 GT Lot #178, S/N 0099Z Condition: 3Sold at $92,400 the Sportscar Auction in Geneva, Switzerland, October 7, 2006. Even if they hadn't been created by some of the better-known and most talented RM, Monterey, CA, 8/16/2002 SCM ID# 28863 automotive engineers who ever lived, OSCA sports racers would rank high in the lists of the best post-war sports cars. Building small-bore sports racers in the 750-cc, 1,100-cc, 1,500-cc, and two-liter classes, OSCAs began winning almost immediately. The high point is without a doubt the MT4 roadster, which achieved an overall victory in the 1954 12 Hours of Sebring race driven by Stirling Moss and Bill Lloyd. Many well-known drivers did extremely well with the light, fast cars, which became the most successful 1,500-cc racers ever built. Today they easily bring nearly $500,000 as gilt-edged vintage racers and guaranteed event rides. OSCAs were clothed by the leading Italian carrozzerie and most looked as good as they went. No one ever accused the Maserati brothers of not knowing how to build great cars— they just never figured out how to make it a business. It seemed quite logical to use the money from the Fiat engine deal to make a proper road car to sell in some numbers. Sports Car Market Sportscar Auction Geneva

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But as so often happens with small manufacturers, the timing wasn't quite right. Since OSCA was best at racing, it made sense that the new 1600 GT would also take to the track to enhance its reputation in the showroom. The 1600 GT was bodied by five different coachbuilders, with the most attractive and numerous being that of Zagato. With four-wheel disc brakes, fully independent suspension, strong and light ladder tube frame, a smooth, flexible engine, and clothed in the iconic “double bubble” body, it should have been everything needed for success in racing and on the road. Unfortunately, problems with homologation for both the track and street meant that deliveries were delayed almost two years. Although over a hundred examples were built, it never achieved the competition results expected and drove the company to the brink of closure. The remaining brothers finally gave up in 1966, selling all their assets to MV-Agusta and retiring from the auto business. Although the 1600 GT has no real competition reputation, it is nevertheless a genuine product from the hands of the Maserati brothers, dressed in this case in attractive Zagato alloy coachwork, rare by road car standards and far more usable than the earlier sports racers. This car, chassis #99, sold for $92,400 at the RM Auction at Monterey in August 2002 (SCM# 28863). I looked the car over during that preview and the condition as described in the Geneva catalog is very similar to that which I observed four years ago. It appeared to have most of its original paint and a nice patina to the interior. It was interesting, in fact, that two OSCA 1600 Zagatos sold at Monterey that week. The other was a fully restored car, chassis #93, which was very well done but missing its rare original Amadori alloy wheels. It sold for $90,500 at the Bonhams & Butterfields Quail Lodge auction, a bit less than the scruffier #99. A mere 135 km and seven months later, in March 2003, #93 appeared at the RM Auctions Amelia Island, Florida sale wearing the proper wheels. It realized $107,500. The $169,000 achieved in Geneva for #99 represents an 82% appreciation in 48 months. Profiling chassis #99 in the December 2002 issue of SCM, my friend and colleague Raymond Milo lamented the low values the 1600 GT seemed to have. He wrote: “In my opinion these Zagato-bodied OSCAs should be worth more, as they are the only pure OSCA that can both be driven comfortably on the street and vintage-raced as well.” The price range listed in the 2007 SCM Price Guide reflects a growing market presence and I am pleased to see the Investment Rating going up to a “B”. The price paid for this car in Geneva was huge, but still much less than the cost of just about every non-Fiat OSCA, and is another example of the continuing desirability of “original” cars. I would have to call this car appropriately priced.u DONALD OSBORNE is the principal in Appraisers Automotive Valuation Services. His articles on collector cars have appeared in The New York Times. Vehicle description courtesy of The Sports Car Auction. January 2007 55

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German Profile 1946–47 Frazer Nash-BMW 328 This car is accepted by the Vintage Sports Car Club as a pre-WWII example, which is a big plus as it can race (and beat up on) lesser sports cars by Raymond Milo DETAILS Years produced: 1936–40 Number produced: 465 Original list price: RM 7,500 (approx. $3,000 in 1940) SCM Valuation: $190,000–$475,000 Tune up/major service: $1,500 Distributor cap: Once you find it, pay whatever the seller wants Chassis #: Left chassis tube, near front suspension pick up point Engine #: Stamped on the right side of the block Bonhams Club: John Marsh, Company Secretary, Frazer Nash Car Club Ltd, The Rookery, Rookery Lane, Chedworth, Cheltenham, Glos. GL54 4AJ. john@marsh-surveyors.co.uk More: www.frazernash.co.uk Alternatives: 1936–39 Jaguar SS 100, 1938–39 Alfa Romeo 6C 2300MM, 1936–39 Aston Martin 2-liter COMPS B efore we examine this unique car, let's take a look at its origins. In 1934 BMW's first sports car, the very nimble 315, made mincemeat out of the British Aldington brothers and their “chain gang,” chain-drive Frazer Nash sports cars in the Alpine Rally. The brothers thought if they couldn't beat the BMWs, they should join them and a new “British” car was born— the Frazer Nash-BMW, sold in England under license. Unlike other better-known Third Reich manufacturers like Mercedes-Benz, BMW was a modestly financed company, and had to resort to clever thinking to achieve maximum results with minimal expenditures. This cunning approach came to a climax when the legendary BMW 328 was created. It was, and still is, a milestone car, and has been referred to as the first modern sports car. Instead of heavy steel rails (suitable for bridges in third world countries) to give the chassis rigidity, the 328 used a strong but light tubular chassis with welded (and not bolted) floors, cross members, and such. This allowed the use of softer springs and shock absorbers, which allowed the driver to keep his tooth fillings, and go through corners much quicker than any other make of that period. Yet the chassis was already refined, because it was borrowed from the bread-and-butter BMW 319, so there was no need for new tooling. The engine block and hydraulic brakes were from the BMW 326, another mass-produced model from designer Dr. Fritz Fiedler. The secret to BMW's powerplants lay with their hemispherical combustion chambers, which originated with Hispano-Suiza and Peugeot before WWI. 56 Hemis give the most efficient, highest volumetric efficiency—or if you prefer, most ponies per cubic inch. But a hemi head called for two overhead camshafts, which was a complicated and costly arrangement. This is where Fiedler used his genius: the camshaft was placed high on the left side of the block, operating intake valves with short pushrods. Small rockers running on a shaft in an all-new alloy head operated short transfer pushrods that worked the exhaust valves. Thus, a perfect hemispherical chamber was created, with valves inclined at 90 degrees, and the spark plug in the middle. This brilliant and inexpensive arrangement pro- 1947 Cisitalia 202 Spider Lot #73, S/N 011SMM Condition: 3Sold at $385,000 Gooding & Co., Pebble Beach, CA, 8/20/2006 SCM ID# 42626 duced 80 hp at 4500 rpm, which for the period was fantastic. A live rear axle with transverse leaf spring, and front suspension with rack-and-pinion steering underpinned an attractive and aerodynamic body. In 1936, the prototype (and the only example made) with an all-alloy body won its first race with motorcycle ace Ernst Henne at the wheel. The BMW 328 had arrived. In the short period prior to WWII, the 328 won everything in sight, including the holy trinity of sports cars: Le Mans, the Mille Miglia and the Tourist Trophy. After WWII, Frazer Nash kingpin “Aldy” Aldington brought designer Fiedler to England where he updated the 328 design for Bristol as the 400, 401, 402 and 403 models and helped Frazer Nash develop the sought-after Le Mans Replica, Targa Florio, and Sebring models. Dickie Stoop, the original owner of our subject car, S/N 85427, was a WWII fighter 1947 Delahaye 135MS Lot #512, S/N 800484 Condition: 2+ Sold at $375,500 Bonhams, Carmel, CA, 8/18/2006 SCM ID# 42601 pilot and dedicated Frazer Nash owner. After owning other pre-war Frazer Nashes, Stoop bought the car in 1946. The chassis was one of a batch believed to total six, which Sports Car Market

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survived WWII in a British Government impound yard. It became available for completion at war's end. Stoop later traded S/N 85427 back to the factory for a Frazer Nash Mille Miglia in 1952. Stoop left the Royal Air Force after the war and joined the auto industry, eventually becoming Chief Engineer of the Rootes Group, which manufactured Hillman, Sunbeam, Singer, and Humber automobiles. He remained an enthusiastic sports car racer, entering the Le Mans 24hour race ten times and dying of a heart attack in 1968, while racing a Porsche 911 in Yorkshire at age 47. In recent years, S/N 85427 has languished in the Swiss Rosso Bianco Collection since 1988, with negligible use following a thorough restoration. The SCM Analysis: This Frazer Nash was well sold by Bonham's for $474,345 at the Goodwood Revival sale on Sept. 1. I personally doubt the story of six complete chassis being sold to England without bodies. After all, a Frazer Nash-BMW was a 328 converted to right-hand drive, with a different radiator and radiator badge. BMW factory records are scarce, which is understandable, since our Liberator bombers pounded the factory many times. I have been told by marque experts that there were only six coachbuilt cars (excluding race cars with Touring bodies), mostly done by German coachbuilders like Wendler. But be that as it may, the car is considered a pre-war example, and is accepted by the Vintage Sports Car Club, which is a big plus. It can race and beat up on other, lesser pre-war cars. The body, attributed to minor English coachbuilder Leacroft of Egham, Surrey, is reasonably attractive and will accommodate a taller driver than would a standard-bodied car. Creating custom bodies or re-bodying cars was common practice and had no stigma in the period. If I understand the long and not very helpful auction write-up, the car acquitted itself very well in its only race, finishing 6th in class and 12th overall in 1949 at Spa-Francorchamps. A very short race history, but Spa was a very serious event and every factory team was there, so that's a plus. Last but not least, this car underwent a superb restoration and is still in excellent condition. Was it well bought? Well, I just saw a 1939 Ford Deluxe Woody Station Wagon bring a huge $260,000 at auction, so the market has its own craziness right now. What's another $200,000 for a true classic that an owner can have some fun with on rallies and tours? I do know that a very nice pre-war 328 would sell for about the same money as the car here, so we'd have to call this well bought.u RAYMOND MILO describes himself as CEO and chief sanitation engineer of BB One Exports. Fantasy Junction 1145 Park Avenue Emeryville, California USA 94608 Phone: (510) 653-7555 • Fax: (510) 653-9754 www.fantasyjunction.com Investments in special interest, classic and high performance cars 1967 Ferrari 330 GTS. Stunning restoration in original color combination. Sharp and well maintained with extensive records and complete restoration documentation. Wires, A/C, books, both bags, jack and tools. $437,500. 1954 Alfa Romeo 1900 CSS. Mechanically and structurally sound car with recent paint and interior. Would make an effective event car with service and prep. %-speed, Borranis, flat Nardi wheel. $89,500 1969 Ferrari 365 GTC. 1 of 150 produced. Excellent condition with less than 2,500 miles on complete engine rebuild by Bob Diers. Recent exhaust and paint. A/C, wires, jack, tool bag and some tools. $210,000 1961 Jaguar XK-E. Early matching numbers, flat floor, welded louvers car restored to very high standard. Has scored 100 points in several JCNA events. Excellent mechanics to go with crisp appearance. $97,500 January 2007 57

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Porsche Gespräch Jim Schrager Nobody's Baby is Ugly 928s are not in big demand, are not being restored, and are not bringing big attention or big money at auction. But some people still desire them Porsche Gespräch / Jim Schrager D ear Mr. Schrager: I have been a subscriber to the magazine for several years and enjoy all aspects. I've had the pleasure of meeting Keith at Barrett-Jackson in Palm Beach and generally respect his views, except when it comes to the 928. I have owned two 928s—an S-4 and a GTS—have found both to be great cars, and have had NO issues with either of my vehicles. I always smile when I read the 928 bashing in the magazine and laugh even more when the Pocket Price Guide is published. I am not a dealer, just a regular individual and I just sold my 1995 GTS, black/black automatic, with 36,000 miles for $58,000. Needless to say, the car was in near-perfect condition. The buyer was a German expatriate living in the U.S. who owns a 911 3.6 Turbo but always wanted a 928 GTS. The GTS is a special car and requires a special person who understands what the car is and what it is capable of doing. I was fortunate to find such a person. Maybe this sale will help raise values in the Price Guide. So keep on bashing the 928 and I'll figure out what my next vehicle purchase will be.—Sid Pachter, Boca Raton, FL 1988 Porsche 928 S-4 PRICE GUIDE AIMED AT #2 I thank you for your letter. It neatly illustrates two important points about the 928 market and the Porsche market in general. First, special cars, carefully sold, can bring big money. Second, the Porsche market is not monolithic. On the first point, you had a near-perfect example in great colors with low miles. You then were able, through hard work, good luck, or a bit of both, to find an ideal buyer. We often hear of unusual cars or those with low miles in exceptional condition that do very well. A friend recently told me of a Renault LeCar with 1,800 miles, in absolutely new condition, that sold for $5,800, a price equal to about ten times the average transaction. Special cars can blow the lid off any price guide based around average numbers. Our price guide is not meant to price a car as nice as yours. It is intended to price a #2 car, which in the Porsche world can be valued at one-half the price of a true #1 car. When we are examining our data, we generally exclude what statisticians call the “outliers,” which are observations that are rare when compared to the population as a whole. This enables us to deliver a generalized picture of the market that will hold true for most—but not all—transactions. The great car that sold super cheap or the one that brought off-the-chart money are necessarily left out of our model because they are rare. There is merit in attempting to report every sale, but if we did that, the range would be so wide as to be of little use when looking for a summarized view of the market. So, once again, the values in our Price Guide are buy-sell ranges for nice but not great cars. 928 SUBCULTURE EXISTS Your car also proves a basic truth for Porsches, and that is the market is not mono- lithic. That is, there isn't a single buyer profile that always works. When new, most people didn't want a 928; it wasn't successful as the successor to the 911. But some did; after all, they all got sold. As a used car, 928s are not in big demand, are not being restored, and are not bringing big attention or big money at auction. But some people still desire them. How to test our summary view of the 928 market, given that there is both a sub-culture of love for the 928 as well as give-away prices? We look at many sources, and from them take the temperature of the overall market, taking into account very successful sales such as yours, along with a host of more numerous ones as well. In addition to our verified auction sale reports, which are always the best as they are selling prices rather than asking prices, one source I like is the Porsche Club monthly publication, Porsche Panorama. This has for years been the Holy Grail, the one place to buy almost any model, usually in excellent condition, at full retail or thereabouts. Most devoted owners belong to the Club and use Panorama to advertise their cars, as have I. A PANORAMIC MARKET VIEW In the October 2006 issue of Panorama, which just arrived, here is the run of 928 S-4 and GTS cars: asking prices for 1988–1989 S-4s fall in the range of $10,000 to $27,500, with cars at $16,000 and $15,950 in the four listings. Miles vary from 142,000 for the cheapest example to 42,000 for the $16,000 car. The $27,500 example is heavily performance modified. There is one 928 GTS, a 1990, with 64,000 miles. It sounds like the classic Porsche for sale in the Club publication, with two owners, “outstanding in every way, $5,000 in maintenance within the last 500 miles, everything works.” The asking price is $29,500. In addition, there are four 928 S cars, at asking prices of $12,000 to $23,500. The former just had $4,506 worth of recent service (Porsche people are precise about their finances). The latter is reported to be “perfect,” and if that wasn't enough, “a multiple PCA Parade Concours winner.” They don't come much better than that. In addition, one “pampered” 1981 is for sale at $10,000. All this from a single issue of Panorama. We stand by our general view of the 928. You did a great job of selling yours—a highly desirable GTS model —but clearly, even with just one quick look at the market, there are plenty of 928s available at lesser prices. Your price may be very much justified on the superb condition of your car, but one sale does not make the market, even though it may very well have made your day.u JIM SCHRAGER wrote Buying, Driving and Enjoying the Porsche 356 and writes for Excellence Magazine, Porsche Panorama, and the 356 Registry. His latest book on the early 911 will be published in late 2007. 58 Sports Car Market

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American Profile 1969 Chevrolet Z/28 Camaro Cross Ram Sport Coupe This is a $175,000 car all day long. Throw in the $25,000 the Cross Ram in the trunk will net on eBay, and I call it a bargain by at least $50,000 by Colin Comer DETAILS Years produced: 1967–1969 (first generation) Number produced: 1967—602; 1968—7,199; 1969—20,302 Original list price: (Z/28) $3,184 SCM Valuation: $35,000–$55,000 Tune-up/major service: $150 Distributor cap: $15 at NAPA or $11.98 at Wal Mart Chassis #: Left side of dash visible through windshield, door VIN decal at rear edge Engine #: On machined pad behind alternator in front of right head, and/or stamped in rough cast area of engine block near oil filter housing, left side Club: www.worldwidecamaro.com More: www.yenko.net Alternatives: 1969 Pontiac Trans Am; 1970 AAR ‘Cuda or Challenger T/A; 1969/70 Mustang Boss 302 Investment grade: B Chassis: 124379L529646 N ineteen sixty nine was the final year for the first generation Camaro and for many collectors, the Z/28 is the ultimate derivation. It was fast, not only in a straight line, but also around corners. It drove like a real sports car, with a high-revving small block, and also came only with a four-speed and decent brakes. A few enthusiasts noticed option code JL8, which put a set of Corvette disc brakes on all four corners of the Z/28. Chevy said 206 people ponied up the $500.50 they charged for the JL8 option, but real numbers indicate only about 56 JL8 Camaros were actually delivered from the factory. The few that survive are the most desirable Z/28s built. The car offered here is a rare factory-original JL8- equipped, fully documented, numbers-matching 1969 Chevrolet Camaro Z/28 Cross Ram Sport Coupe. Including its original window sticker, dealer order form, and original factory shipper invoice, it was bought by auto writer Dave Emanuel and featured in several articles on Z/28 performance written by him in the 1970s. There are fourteen factory options on it, including 4.10 Positraction rear, rear deck spoiler, cockpit instrumentation, cowl induction hood, and M21 close-ratio fourspeed, in addition to the Z/28 package and the JL8 disc brakes. Emanuel also ordered it in Le Mans Blue (the most desirable color among today's Camaro collectors), with the fold-down rear seat, center console, Endura front 60 bumper, sport steering wheel, AM radio, and deluxe interior trim. It is fitted with the standard four-barrel Holley carburetor, but also comes with one of the rare and desirable Holley Cross Ram dual four-barrel intake manifolds, still in the original factory packaging. Carefully restored and in better than showroom condition, there is probably no better 1969 Z/28 anywhere. The engine and all-important components are numbers-matching and original to the car. It is not a “clone,” a “replica,” or a “tribute.” It is a real, factory ordered JL8 Z/28 and is the best '69 Z/28 in the world. The SCM Analysis: Including a 10% buyer's pre- mium, this 1969 Z/28 sold for $140,000 at the RM auction in Monterey, California, on August 16, 2006. In 1967, Chevrolet introduced Regular Production Order (RPO) Z28 (the slash didn't come until 1968) to publicize the new Camaro, then racing in the SCCA Trans-Am series. The conservatively rated 290-hp, 302-ci small block V8 (basically a de-stroked 327) featured special cylinder heads, an aluminum intake manifold, a huge 750 CFM Holley four-barrel carb and specially selected components. It was an engine built to live at sustained high rpm. Even the accessory drive pulleys were special 1969 Chevrolet Camaro Z/28 Lot # 431, 12437N635416 Condition: 3+ Sold at $82,500 RM, Monterey, CA, 8/18/2006 SCM ID# 42799 deep-groove units to retain the fan belt at high engine speeds. With aftermarket or GM “over-the-counter” exhaust headers installed and a competent tune, the 302 made far Sports Car Market 1969 Chevrolet Camaro Z/28 Lot # S244 Condition: 1Sold at $187,000 Russo and Steele, Monterey, CA, 8/18/2006 SCM ID# 42809 COMPS Images: ACME Studios

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in excess of the 290-hp insurance-friendly rating. This engine, coupled with Z28-specific parts such as power disc brakes, quick-ratio steering, big E70/15 tires on 7” wheels, and heavy duty suspension made it instantly competitive. It might not be as lively in city driving as a torque- monster big block or even the SS 295-hp/350-ci engines, but with a good driver behind the wheel who wasn't afraid to twist that 302 up to the “sweet spot,” there wasn't much out of Detroit that could run with a Z/28 on a curvy road. In competition, the Z/28 made a name for itself in the Trans-Am Series with the likes of Mark Donohue, Roger Penske, Ed Leslie, Dick Gulstrand and others. By 1969, Chevrolet had fine-tuned the Z/28 package and one could order a very purposeful Z right from the factory. The subject of this profile is one such car. With any Camaro, documentation is key and very few cars have it. While the validity of the proclaimed number of 56 cars leaving GM with the JL8 option is debatable, in the end it's rare to find a real factory JL8 car with documentation. In addition to the (some say) 206 factory JL8 cars, many Zs were later fitted with the JL8 Service Package, a complete setup that was available over the counter from January 2007 61

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American Profile Chevrolet. The way to tell the difference is the factoryinstalled axle tube is tapered at the ends, while the service part has a larger diameter tube with no taper. Factory JL8 cars also used 11 3/4” diameter front brake rotors, versus the standard 11” size. Today, the rear axle JL8 components are reasonably easy to find; it is the special JL8 front brakes that are nearly impossible to secure and are quite valuable. A well known “real” car, our subject vehicle is without question an excellent factory JL8 Z/28. Owned for many years by Emanuel, it was later owned by a master fabricator who spends his days building hot rods for Roy Brizio, who's often compared talent-wise to Boyd Coddington or Chip Foose, but builds more traditional-looking cars. He performed the restoration over a roughly ten-year period, completing it around 2002, when he sold it to a friend of mine for the princely sum of $40,000. My friend later sold the car to a dealer in 2003 for $75,000, and presumably he sold it to the vendor who had it at RM. While the engine block had been decked by Emanuel many years ago, removing the engine codes and other numbers from the all-important block ID pad, this is well-documented and it has never been a question that this is the original motor. The paperwork is impressive and the history beyond reproach. Restored to a very high yet not totally correct level, the restoration was still very pleasing and fresh appearing. I take some issue with RM's catalog heading describing this car as an original “Cross Ram” car, 62 Sports Car Market

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as it was never Cross Ram-equipped prior to 2003 and still isn't today. But there is no question that an original GM Cross Ram setup in the box is worth at least $25,000, so that is value added to this transaction. By the way, as a previous owner of cars equipped with Cross Ram induction, I strongly suggest that the best use for these parts is in the box, not on the car. Pushing the limits of over-carburetion with the stock 750 CFM Holley, these are ridiculous cars with two big Holley four-barrels installed. Chevrolet supplied a special camshaft to be installed in conjunction with the Cross Ram setup, a step often overlooked when these cars are retrofitted. Furthermore, the stock hood will not work with a Cross Ram, necessitating a fiberglass replacement as GM supplied in period. It's another good reason that you couldn't get a Cross Ram installed from the factory. Drive a Z/28 so equipped on the street and you will soon see it's not user friendly. So why was this car hammered sold so short of the low estimate of $200,000– $250,000? This was one of the few bargains that slipped through the cracks in Monterey this year. When displayed at the auction, none of the original paperwork—or even copies of it—was available. With the huge number of made-up JL8 and/or “Cross Ram” cars at any auction, this car assumed the role of just another “maybe” real Z/28. Had the consignor made a bigger effort to display the virtues of this car, he might have realized substantially more. Is it the “Best '69 Z/28 in the World”? Perhaps not, but it is a really good one. Is Le Mans Blue the “most desirable color”? No, but it isn't dark green. Perhaps the catalog scared bidders suspicious of “best in the world” claims. How cheap was this car? Even without the Cross Ram in the trunk, this is a $175,000 car all day long. Now throw in the $25,000 or better the Cross Ram will net on eBay, and I call this car an outright bargain by at least $50,000. Hopefully the new owner will keep the engine over 6,000 rpm and enjoy his new Trans-Am racer for the street. I know at least one former owner who is disappointed he wasn't at the auction.u COLIN COMER is founder and president of Colin's Classic Automobiles and an avid collector and enthusiast. January 2007 63

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Domestic Affairs Colin Comer Super Duty Emotions The auction crowd included a “who's who” in the Pontiac world, and they drove Randy Williams's cars onto the stage together, with uncorked headers Even standing still, Super Duty Pontiacs smoke the tires I n 1956, Pontiac was the dog of General Motors, and very near extinction. Public perception was that Pontiacs were solely for little old ladies or salesmen; they had no excitement, no flash—and no young buy- ers. Even the new V8 introduced in 1955 didn't help. Pontiacs were as good as anything rolling out of Detroit, but without a strong identity and strong sales, you can't keep a division running. Luckily, GM appointed a new General Manager to the Pontiac division in July, 1956, Semon “Bunkie” Knudsen. Bunkie had a trick up his sleeve for Pontiac, and it involved racing. “P” ALSO FOR PERFORMANCE Over the next few years, under Knudsen's leadership, Pontiac set out to be the performance division of General Motors. In 1960, Pontiac entered into what is now called the “Super Duty Era,” with their new Super Duty engine equipment package. Available over the counter, the package consisted of a specially engineered 389-ci engine with forged connecting rods, forged crank, special cylinder heads, cast exhaust “headers,” and a Tri-Power set up. With an estimated 400 hp, Pontiac now had performance in spades. Super Duty-equipped cars went on to win in nearly every form of racing, from NASCAR to hill climbs. 64 “WIN ON SUNDAY” WORKED Horsepower soared, with experts pegging the factory-rated 405-hp engines at 500 hp in reality. Along with the horsepower came racing success, and with the success came sales. Thanks to the Super Duty program, Pontiac was no longer the underdog. In January of 1963, the music stopped when GM issued a company wide ban on any type of racing involvement for all divisions. The Super Duty era that was instrumental in saving Pontiac was forced to a close. WILLIAMS IN RACE OF HIS OWN One Pontiac enthusiast who truly loved the Super Duty cars was Randy Williams, a master machinist and mechanical engineer from Columbia City, Indiana. Randy's first car was a '66 GTO, and while looking for more power, Randy experimented with some old Super Duty parts. Impressed by how well they worked, he started looking for original Super Duty cars. By the late 1970s, Williams had rescued the “Swiss Cheese” Packer Pontiac Super Duty drag car, and started what became the finest Super Duty collection of cars and parts ever assembled. With some of the most important Super Duty cars ever built, and vast resources of new old stock parts, Williams was a Pontiac guy to the core. Diagnosed with a terminal brain tumor in 1999, Williams decided that it was important to him to restore his cars and preserve the Super Duty legacy. Sports Car Market By 1961, you could order a 389 Super Duty-equipped car from the factory, and by 1962 the SD engines grew to 421 cubic inches. Pontiac had the best engineers in the business, and the Super Duty cars kept getting better every year. Lightweight parts were developed, such as aluminum front ends, cast aluminum headers, and more. Mecum Auctions

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With the help of renowned Pontiac restorer Scott Tiemann, Williams completed the restorations of five significant Super Duty cars before he passed away in 2004. Tiemann recalled that Williams's goal was to restore his cars to be benchmark examples, and wanted the most historically accurate, most perfect examples extant. Randy Williams's wife Jean consigned the Super Duty collection to the Mecum High Performance Auction on October 7, 2006. It was an auction event like none I have seen before, and I doubt we will see the likes of it again. The collection consisted of Williams's 1961 Ventura Super Duty “Bubbletop” coupe, a 1962 Catalina 421 Super Duty Factory Lightweight, a 1963 Catalina 421 Super Duty Lightweight that was the last SD car built before the GM racing ban, the 1963 “Swiss Cheese” Packer Pontiac drag car, and the 1963 Super Duty Tempest “Union Park Wagon” drag car. Offered as a complete set, the Williams Super Duty cars failed to sell at $1,550,000. Mecum then split the set to auction the cars individually, eventually reaching a total amount of $1,880,550 with the 5% buyer's fee. IT'S NOT ABOUT MONEY The real story here is not necessarily the cars, nor is it the final bids achieved. What impressed me about this sale was the emotion, the dedication, and the passion shown by everybody in the room. Randy Williams put his last years into these cars for a reason; he wanted the history to live on. The crowd that showed up for this sale included a “who's who” of the Pontiac world. Every one of the cars was driven on to the stage at once, with uncorked headers and special drivers in each car, including Arnie “The Farmer” Beswick, Jim Mattison of Pontiac Historical Services, Scott Tiemann, and Randy Williams's friends and family. When the engines were shut down, the house erupted into a stand- ing ovation. Dana Mecum, voice cracking with emotion, grabbed the microphone and announced that these were the finest cars he has ever offered at auction. Standing on the stage, I watched tears rolling down the faces of people who may not have had any idea what a Super Duty car was, but could certainly feel the emotion that went into building this collection. The entire Williams family was on stage, obviously struggling with the idea of selling the cars. Scott Tiemann, who was one of Williams's best friends and the man who had likely spent 7,000 hours of his own life restoring the cars, stood there watching as his work and Williams's vision was sold. MORE THAN JUST METAL These were cars that weren't restored for Williams's benefit; they were restored for future generations of Pontiac enthusiasts. Still, one couldn't help but feel saddened knowing this was not what Randy Williams envisioned would happen to his cars after they were restored. In the end, this sale spoke to me of how our hobby is more than just nuts and bolts. Cars don't find owners. They don't fit new panels or rebuild their own engines; they don't scan classified ads looking for that last elusive part to complete their restoration. The cars get the glory but it is the owners, the restorers, the people with enough vision and dedication to preserve automotive history, who really deserve recognition. Watching Randy Williams's dream hammered sold, I cheered and clapped with everybody else in the room. And while carefully looking around to make sure nobody saw me shedding a tear as the cars rolled off the block, I caught a glimpse of Dana Mecum huddling with the Williams family. Not a dry eye in the group. And that, folks, is another chapter in Pontiac history being made.u COLIN COMER is founder and president of Colin's Classic Automobiles and an avid collector and enthusiast. January 2007 65

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Race Car Profile 1963–64 Lola-Chevrolet Mk 6 GT This stunningly beautiful car represents the beginning of the modern GT and will be extremely competitive in high-level vintage racing by Thor Thorson DETAILS Year produced: 1963 Number produced: 3 Original list price: unknown SCM Valuation: Not listed Cost per hour to race: $700 Distributor cap: $20 Chassis #: Plate on driver's side door pillar Engine #: Right side above water pump Club: There really isn't one Alternatives: 1964–69 Ford GT40, 1963–65 Ferrari 250P, 1963 Corvette Grand Sport Bonhams SCM Investment Grade: A COMPS T his groundbreaking Anglo-American competition coupe, with its two sisters, marked one of the most significant landmarks in the entire history of worldclass endurance racing. This rear-engined Lola GT is the second sister of the original Lola-Ford Mark 6 GT, which competed at Le Mans in 1963. That car's evident potential persuaded the Ford Motor Company's management—recently rebuffed in its attempts to buy Ferrari—to take on Lola founder Derek Broadley's design as the basis of its epochal Ford GT racing program. While that legendary four-time Le Mans-winning Ford program is so familiar today, here we offer something of a maverick daughter of that project. For while the original Le Mans coupe and its other sister car were absorbed into the Ford GT development program, this particular example had already escaped, having been sold to oilman-cum-racing team owner John Mecom Jr. This is a magnificent mid-engined monocoque coupe with a fascinating history. It is unique in combining the chassis design that initiated the entire Ford GT 40 program with the rival Chevrolet V8 power unit. It's a car that won twice in the legendary Bahamas Speed Week, and it was raced by two of America's most iconic road racing drivers of the era—Augie Pabst and Walt Hansgen. The SCM Analysis: This car sold for $694,373 at the Bonhams Goodwood Revival auction September 1, 2006. Evolution in competition car design doesn't happen uniformly across the sport, and often for surprising reasons. By the end of 1962, mid-engined design was utterly dominant in Formula car racing and the writing was on 66 the wall for sports-racing cars, with early designs like the Cooper Monaco and Lotus 19 already being supplanted by second-generation mid-engine cars like the Ferrari 246SP and Lotus 23. In spite of this, the endurance racers of the GT class 1962 Chaparral 1 Lot #137, S/N C1004 Condition: 2 Sold at $577,500 RM, Monterey, CA, 8/19/2005 SCM ID# 39086 were still front-engined. The obvious reason was that the GT class was, by definition, for production cars. Porsche was the only performance car manufacturer selling anything but front-engined cars (OK, Renault too), and they were in the under-two liter class. Highpowered, mid-engined road cars didn't exist, and there was serious doubt as to whether it was a viable concept. A major impediment to experimentation was that a mid-engine layout requires a transaxle (combination transmission and differential) and there wasn't anything commercially available that could handle more than about 2.5-liter engines. In order to provide more exciting racing, the race organizers had long insisted on 1966 Porsche 906 Carrera 6 Lot #510, S/N 906147 Condition: 3+ Sold at $557,000 Bonhams, Carmel, CA, 8/18/2006 SCM ID# 42599 an “experimental” (later Prototype) race group that met the GT rules but without the production requirements. These were the marquee cars that provided the flash and sex appeal to big race events. In the early '60s, Ferrari dominated the prototype class first with their mid-engined 246SP and then with the 12-cylinder 250P cars. Ferrari had the advantage because they, with the help of Colotti, built their own transaxles, so they weren't stuck looking for a source. One of the side effects is that Colotti, an independent company, learned a lot about transaxle design. Across the Atlantic, the Americans were fully committed to the idea of high-horse- power, mid-engined race cars, but were up against the same problem, creating a market need. In late 1962, Colotti rode to the rescue with the Type 37 transaxle, the first one designed to handle serious torque loads. Coincidentally or not, this became available just about the time Eric Broadley was starting to think about a V8-powered mid-engine racing coupe. It wasn't a new idea; designer John Tojeiro had already built a Buick Sports Car Market

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V8-powered coupe (with a Hewland HD transaxle), but Broadley was able to assemble a ground-breaking package. Technically, Lola broke new ground in that they used an aluminum monocoque chassis structure. Jaguar had pioneered the concept in the '50s with the D-type and was now producing the E-type. Monocoques had become standard-issue in Formula racing, but I think Lola was the first specialist builder to adapt it to racing two-seaters. Lola also recognized the dawn of the tire revolution and its implications. Dunlop was beginning production of a new, wider tire that needed to be kept square to the road to work well, and the GT's suspension was designed to take advantage of this. Colotti's new transaxle allowed a very neat, dependable power package with a 256-ci Ford engine and very central mass distribution (unfortunately, the center shift lever with cable actuation was a disaster). From the beginning, Lolas had been characterized by beautiful design, and the Mk 6 followed up in spades. The car was the undisputed star of the Olympia Racing Car Show where it was first displayed in January 1963. I recall as a high school kid being stunned when my car magazines first printed photos of one. It was just gorgeous and somehow it looked like the future. The sensational introduction posed some problems for Lola because the world was now watching with high expectations. Lola was at the time a tiny company with very little money and getting from a non-running show prototype to competitive racer in a few months was daunting. My understanding is that they worked out enough bugs on the prototype to get it running and laid down two chassis (LGT1 and LGT2) to become the real racers, the intent being to field two cars at Le Mans. Even that proved to be a huge strain, and when John Mecom came by and offered real money for the second car, the deal was quickly done. Shortly thereafter Ford came knocking, looking for a way to compete with Ferrari in the international arena, and found the same situation. Broadley was very aware that Lola didn't have the resources to make a production GT, and the market was clamoring for it. Selling out to Ford was a reasonable solution and the GT 40 was born. In the end it didn't work too well, and by mid-1964, there was an amicable split with Lola back under Broadley's control and Ford Advanced Vehicles (FAV) building GT 40s nearby. The three Lola GTs were the beginning of mid-engined GT cars generally and the Ford GT 40 in particular. The show car was shipped back to Dearborn for “testing & evaluation” and was eventually sold. Last I saw it was living outside Portland, OR, attending occasional vintage car shows. The second raced for Lola at Silverstone, Nurburgring, and Le Mans, then went back into the factory to become the basis for the GT 40, and I don't know what happened to it subsequently. The subject car escaped and followed an independent path with the Mecom team, quickly acquiring a small block Chevrolet (lighter, more power), wider wheels, etc. It showed great promise (and remains to this day one of Augie Pabst's all-time favorite race cars) but never got the development it needed, so it was not consistently successful. After a huge crash at Riverside it was put away, January 2007 67 Mincheff puts his T70 through its paces at PIR Jeff Mincheff, Portland, OR: Here are a couple pictures of me racing my Lola T70 Mk III GT—S/N SL73116—at Portland International Raceway this summer. I started vintage racing this year in a 1959 MGA, but the engine broke after three events. I had the T70 in my collection and rather than sit out for the balance of the season I elected to give the Lola a go. The T70 is extremely fast, powerful, well-balanced, and stable. The car inspires confidence with every lap, and is both responsive and forgiving. The biggest challenge is the interior heat factor; a cool suit is a must even for 20-minute track sessions. Without the encouragement and mentoring from some of Portland's local racing greats like Tom Black, Monte Shelton, Don Smethers, and Brady Joy, I would never have attempted such an exploit. The Lola is a beast, but one that can be tamed.u eventually being restored and put into a museum until this auction. So what makes this car particularly collectible? Pretty much everything; the car is extremely rare, iconic, the beginning of the modern GT, and is stunningly beautiful. On top of that, there is reason to expect that with contemporary race preparation, it will be extremely competitive in high-level vintage racing. It thus holds historic, aesthetic, and competitive trump cards. The cars it raced against (Corvette Grand Sport, Cobra, Ferrari) as well as its spawn, the GT 40, all carry far higher market values than this brought. Valuing any one-off is tough because there's never a perfect comp to look at, but to my mind this one is clear. I'd say very well bought.u THOR THORSON is president of Vintage Racing Motors of Redmond, WA, and is heavily involved with both the vintage racing and “adrenaline” collector car sides of the business. He has been an active vintage racer for more than 25 years. Seat Time

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Market Reports Overview Personal Collections Bring Most of $69m Total As a testament to the quality of Chandler's collection of custom-bodied American classics and motorcycles, nine lots brought over $1m each by Jim Pickering American classics and motorcycles, nine lots brought over $1m each, and the remainder of the field pushed the day's total to a much higher-than-expected $36m. Almost all of the lots brought over their high estimates, and the bidders didn't seem to mind paying up for fine examples. Donald Osborne traveled to Massachusetts in late September for Bonhams & Butterfields's presentation of the Frank Cooke Collection, where each of the 29 cars brought a total just north of $1.7m. Several of the lots were little more than rusty chassis, yet all of them sold—a notable feat for an auction with reserves. Kruse held its Fall Auburn sale in late August, and Full Classics like this 1933 Packard 1006 phaeton soared in Oxnard R ecent sales have been nothing short of diverse, with everything from small hometown auctions to multi-million dollar collections included in the mix. As always, SCM's insightful market analysts were on hand to cover the action. On October 21, Gooding hosted the collection sale of ex-L.A. Times publisher Otis Chandler in Oxnard, California, and Carl Bomstead was there to witness the events unfold. As a testament to the quality of the late publisher's collection of custom-bodied our man Dave Kinney was there—notepad and camera in hand. Of the 1,655 cars available, 747 sold, making for a 45% sell-through rate and a total of $21m. With so many cars present, there were bound to be some rare machines buried within the ranks, and Kinney was able to locate several for his report. Potts hosted their Summer Classic at the Northwest Georgia Trade and Convention Center, and Joe Severns was present for the proceedings. He found the intimate atmosphere created by the company to be a welcome change, but the 50 consignments available lead to a disappointing $271k final result. Potts has done better in the past, with $1.3m forthcoming in 2004 for the 50-car Frank By the Numbers $15m 2006 $40m $35m $30m $25m $20m $15m $10m $5m Kruse 68 Gooding & Co. Sports Car Market $10m $5m 2005 2004 2003 2002 2001 2000 Bonhams Bonhams Bonhams & Butterfields Carlisle Potts

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Gooding & Co. (G), Oxnard, CA, p. 70 Kruse International (K), Auburn, IN, p. 88 Potts Auction Co. (P), Dalton, GA, p. 120 Carlisle Events (C), Carlisle, PA, p. 106 Pierce Collection. From Georgia, Severns made the long drive up I-95 to Pennsylvania, where he wandered the automotive expanse known as Carlisle. The auction was held on a dreary weekend at the end of September, and many of the cars outside spent the better part of the sale under tarps. The consignment list was full to capacity, and while the total value of all the lots was in the neighborhood of $8m, the 35% sold only generated a final result of $1.7m—not small, but below expectations. Richard Hudson-Evans traveled to Sussex once again for the Bonhams Goodwood Revival auction in September. Surprising to some, ex-racers were the top draw of the sale, and those that had once resided in the Rosso Bianco Collection helped to carry the day's results to a robust $7.3m—with 87% sold. Despite almost all the cars needing some degree SCM1-6 Scale Condition Rating: 1: National concours standard/ perfect 2: Very good, club concours, some small flaws 3: Average daily driver in decent condition 4: Still a driver but with some apparent flaws 5: A nasty beast that runs but has many problems 6: Good only for parts Top10 Sales This Issue (Land Auctions Only) 1. 1931 Duesenberg Model J special phaeton, $2,640,000—G, p. 76 2. 1904 Mercedes-Benz 40/45hp sport touring, $2,255,000—G, p. 72 3. 1933 Packard 1006 sport phaeton, $1,980,000—G, p. 78 4. 1933 Packard 1006 convertible Victoria, $1,650,000—G, p. 79 5. 1911 Mercer 35R raceabout, $1,595,000—G, p. 74 6. 1912 Oldsmobile 60hp Limited flyabout, $1,265,000—G, p. 74 7. 1932 Packard 904 Deluxe Eight convertible Victoria, $1,100,000—G, p. 78 8. 1934 Packard 1108 Two-place coupe, $1,100,000—G, p. 79 9. 1907 Renault 34/45hp Vanderbilt racer, $1,100,000—G, p. 72 10. 1906 American Napier 60hp Seven-Passenger touring, $935,000—G, p. 73 January 2007 1. 1932 Packard 904 Deluxe Eight conv. Victoria, $1,100,000—G, p. 78 2. 1904 Pope-Waverly Model 21 $45,630—B&B, p. 86 3. 1953 Ford Anglia, $6,912—K, p.89 4. 1971 MGB convertible, $10,080—C, p. 107 5. 1959 Mercedes-Benz 300D Adenauer limousine, $15,017—BU, p. 117 69 Bonhams & Butterfields (B&B), North Brookfield, MA, p.82 Bonhams (B), Chichester, U.K., p. 96 Bonhams (BU) Beaulieu, U.K., p. 112 of recommissioning, more than half sold at over their high estimates. Bonhams's Beaulieu sale was the next stop on his itinerary. Pre-sale enthusiasm was high, and 47 of the 59 lots transferred ownership. The $1.1m total grew from the $948k in 2005, due in large part to the rather diverse group of cars available this time across the block. Finally, Geoff Archer kept an eye out for Italy's fin- est for this month's report on eBay motors. Some were beautiful; as for others...beauty was in the eye of the beholder.u Best Buys

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Gooding and Co. Oxnard, CA Column Author The Otis Chandler Collection A car selling at the catalog estimates had to be considered a bargain, as many of the bidders were going to own the cars on their lists no matter what Company Gooding & Company Date October 21, 2006 Location Oxnard, CA Auctioneer Charles Ross Automotive lots sold / offered 89 / 89 Sales rate 100% Sales total $35,930,750 High sale 1931 Duesenberg Model J, sold at $2,640,000 Charles Ross (L) and David Gooding achieve $1.3m for this 1912 Oldsmobile Report and photos by Carl Bomstead Market opinions in italics A Oxnard, CA s publisher of the Los Angeles Times, Otis Chandler lived large. He consorted with presidents and other dignitaries, hunted big game in Africa, was an active surfer well into his seventies, and assembled several significant car collections. He was well ahead of the time in recognizing American muscle cars as collectibles, and his collection consisted of the finest examples. He liquidated them in order to acquire a collection of the finest and most significant early American motorcycles. In the last ten years, his focus shifted to large displacement antique and brass era cars, along with the finest of custom-bodied American Classics—including over a dozen of the most desirable Packards produced. Over half were V12s from 1933 and 1934 with custom coachwork by Dietrich, and those built specifically for the auto shows of the era were well represented. The impressive collection was displayed in his Vintage Museum of Transportation and Wildlife in Oxnard, California, with motorcycles on the mezzanine of the facility and automobiles on the main level. With his passing in February 2006, Gooding & Company was selected by Mr. Chandler's family to dispose of the collection at a no-reserve auction. The opportunity to acquire automobiles and motorcycles of this significance and importance has not occurred since Rick Carroll or the Harrah's events of years past. Early speculation was that sparks would fly and any number of new high water marks would be established. There was speculation that the auction might exceed $30m, and while that was close, when the dust settled the final actual figures nudged $36m. The 70 previous record for a single individual's sale was $21m, and David Gooding announced they had exceeded that figure with 30 vehicles yet to cross the block Nine cars joined the million-dollar club, and two of those exceeded two million. Among them was a 1904 Mercedes 40/45hp sport touring that brought $2.2m, a 1911 Mercer raceabout that sold for $1.6m, and the high sale 1931 Duesenberg Model J that soared to $2.6m. The blue-chip crowd ensured that nothing slipped through the cracks, and dealers were shut out of the action as the cars were fully valued and then some. In fact, a car selling at the catalog estimates had to be considered a bargain, as many of the bidders were going to own the cars on their lists regardless of the final outcome. Motorcycles were another story, as many sold for a premium, but several had to be considered under the money. Thirteen sold for over $100,000, and the high sale—a 1913 440-cc “Strap-Tank” Harley-Davidson that sold for $353,000—was actually considered by the bike guys as well bought. Many that sold at a premium were purchased by car guys, and after losing out on a milliondollar Packard, $100,000 or so for a cool Harley seemed like a decent buy. Gooding & Company conducted the auction to their expected high standard, and auctioneer Charles Ross went to extremes in his fairness in accepting bids and allowing the few extra moments for a response to a higher bid. Those who went home empty handed should not have been overly disappointed, as they witnessed the premier collector car auction in recent memory, and didn't have to pay for the privilege of watching a great show.u Sports Car Market Buyer's premium 10% (included in sold prices)

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Gooding and Co. Oxnard, CA Column Author TOP 10 No. 9 FRENCH #14-1907 RENAULT 34/45hp Vanderbilt racer. S/N 29059. Eng. # 13806. Maroon/ black leather. RHD. Conceived by William K. Vanderbilt and patterened after the Renault that won the 1906 Gran Prix de L'A.C.F. A handful were built for his wealthy pals with a price tag of $8,500 each. Five are known to have survived. An older restoration that still shows well. significant Mercedes that still maintains a strong presence. Cond: 1-. SOLD AT $2,255,000. Last seen at RM's Phoenix sale in January 2003, where it sold for $770,000 (SCM# 30295). One of the cornerstones of the Chandler collection. Sold for serious money, but the price paid was not outlandish. One of the more significant brass-era cars offered at auction in recent memory. Very well sold. #67-1909 VINDEC SPECIAL motor- History known from new. Numerous concours awards. Cond: 2-. SOLD AT $1,100,000. This A1 racer has been part of some of the best known collections, including Bill Harrah's. Starts easily and runs smoothly. Minor signs of use and age, but who cares? A magnificent machine worth every penny paid. #39-1924 MONOTRACE 510-cc motor- cycle. Eng. # 159. Green/tan/black leather. Designed by Mauser in Germany, produced by Monotrace in France. Produced from 1924 to 1928. Somewhere between a sidecar motorcycle and a car. Found in basement of a French church. One of five or six known to exist. full restoration to average standards. Cond: 2. SOLD AT $55,000. Overall, not a lot of interest in early German motorcycles here. Even with the cute sidecar, the price paid was much stronger than expected. Most thought the high estimate of $35,000 would own the bike, but two determined bidders thought otherwise. Original tattered condition. Cond: 4. SOLD AT $33,000. A motoring oddity that seemed out of place in the Chandler collection. Condition was lacking, but it would be a shame to touch it considering its rarity. Price was in line with estimates, but what do you do with it? Best placed in a musuem of unusual vehicles. GERMAN TOP 10 No. 2 #22-1904 MERCEDES 40/45hp Sport touring. S/N 2661. Eng. # 4238. Maroon/ tan fabric/red leather. RHD. Odo: 8,969. Bodied by New York coachbuilder Frederick Wood and Sons. Once owned by Henry Austin Clark Jr. Still carries original coachwork and brass headlamps and sidelamps. Numerous awards from major concours. A historically 72 signs of having been driven. Basically as-new. Cond: 2+. SOLD AT $341,000. The price might have been on the high side, but I doubt if buyers of these quibble about ten grand here or there. Once the king of the “flavor-of-themonth” club, now just another used exotic. At the moment there are more GTs for sale than there are buyers. Sports Car Market #78-1911 MERCEDES-BENZ 38/70hp Seven-Passenger touring. S/N 13496. Eng. # 95319. Dark green & black/tan canvas/green leather. RHD. Bodied by Vanvooren of Paris, ordered by Col. Samuel P. Colt. Dual chain drive and huge T-head four cylinder engine. Restored in the early '90s with numerous awards thereafter. Full documentation, cycle. S/N 251616. Eng. # 15931. Gray & white/maroon leather. Made in Germany, marketed in the U.K.—not to be confused with the British Vindec. V-twin air-cooled engine, belt drive with two-speed transmission. Interesting wicker and leather sidecar. Recent AT $423,500. 300SLs are in high demand lately, and their prices are escalating with every sale. Gullwings tend to be about $100k more than roadsters, even though the former offer more horsepower and comfort. Even so, price paid seemed about $25k too high with the wrong motor and European headlights. #25-2004 PORSCHE CARRERA GT spider. S/N WPOCA29894L001036. GT Silver metallic/dark gray leather. Odo: 783 miles. First Porsche super car since the 959. Production limited to 1270 with the final car off the line in May 2006. Ordered with every conceivable option. Limited use since delivered to Otis Chandler, but does have a few minor coachwork lacks a bit but is well restored. Cond: 1-. SOLD AT $632,500. Unique torpedo coachwork not as exciting as on the Chandler 1904 Mercedes Sport Touring. The huge 9.9-liter Mercedes-Benz was one of the last additions to Chandler's collection, and it sold for a touch under the money considering the history and quality of restoration. #37-1959 MERCEDES-BENZ 300SL roadster. S/N 198042109500046. Eng. # 1989807500573. Silver gray/dark blue leather. Odo: 60,460 miles. A low mileage 300SL restored in 2000. Body straight and solid with minor swirls in paint. Equipped with European headlights. Brightwork sparkles, interior perfect. Engine from 1957 300SL. A very desirable, well presented roadster. Cond: 1-. SOLD

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AMERICAN #77-1902 CALIFORNIA SINGLE mo- torcycle. Eng. # 519. Black. A California was the first motor vehicle to cross the Continental U.S. This early design was followed for years. Direct belt drive with front and rear brakes. Electical circut is broken with small key in handle bar. Flawless restoration by Steve Huntzinger with perfect paint and chrome. has not been ridden since. The best of the few remaining examples. Cond: 1-. SOLD AT $132,000. A very significant motorcycle restored by one of the best. One of the better buys of the auction, as the bike guys thought it would sell for closer to $200,000. #23-1907 HARLEY-DAVIDSON 440 CC Strap-Tank Single motorcycle. Eng. # 2042. Gray & silver. “Strap-Tank” refers to nickel-plated straps that band the oil tank to the fuel tank. One of about 150 made, only a handful remain. Restored to highest standards by Steve Huntzinger. A significant, flawlessly- Cond: 1. SOLD AT $83,600. You could have bought a lot more bike for what was paid here. It was a perfectly restored California, and one of the few surviving examples, and someone valued that to the tune of an extra $15,000 over the high estimate of $65,000. Well sold. TOP 10 No. 10 #69-1906 AMERICAN NAPIER 60hp Seven-Passenger touring. S/N 254. Napier Green/tan fabric/red leather. RHD. Odo: 9,813 miles. Manufactured in Britain and assembled in the U.S. Only a 100 or so American Napiers were manufactured. This example was never restored. Paint, top, hoses, and leather as-delivered 100 years ago. Huge 6-cylinder restored Harley-Davidson. Cond: 1. SOLD AT $352,000. As good as it gets for motorcycle collectors: documented interesting history and no questions. It had the capacity to sell for more here, and the motorcycle guys thought it would easily break the $400k barrier. Well bought at this price. #34-1908 INDIAN TWIN motorcycle. Eng. # T961. Black. Stated to be a 1907 in catalog, corrected to 1908 at the sale. Restored in 2002 and scored 100 points at Antique Motorcycle Club of America meet that same year. An early 1972 Ferrari 365 GTB/4 NART Competition Daytona Perhaps the last of the true V12 front-engined Ferrari Grand Touring racers the ‘Competition' Daytona was a formidable entry to GT racing in the early Seventies and the preferred choice of Ferrari distributors such as Luigi Chinetti's N.A.R.T. (North American Racing Team). Of the fifteen racers only five of these were specially constructed in aluminium, constructed between 1971 and 1973 by the factory's Assistenza Clienti at Modena in three separate series. Chassis 14885 was the 4th series 1 example built. As one of the first five alloy bodied Competition cars, it was carefully assembled with 400kgs of weight saving features! Distinctive changes were also made to Pininfarina's original creation by fitting a wraparound chin spoiler, flared wheel arches and distinctive aerodynamic ridges along the front wings. Delivered new to Luigi Chinetti snr in January 1972 who entered it for the 6 Hours of Daytona before racing at the 12 Hours of Sebring. Despite very stiff opposition from all-out Group 5 racers, 14885 finished a highly creditable 8th overall and 2nd in class! The following year the Daytona was upgraded to full Series III configuration which included further engine modifications providing even more power, coupled with improved brakes, wider wheels and heavily flared arches. Following its retirement from competition 14885 spent the next 15 years with Charles Kemp, eventually forming part of the current owner's renowned collection. Run for him by Gelscoe Motorsport and fitted with a full race 450bhp plus engine and transaxle by Piet Rollof the Daytona has proven itself well on a recent Tour Auto and this year's Le Mans Classic Class leading as ever! Offered of course with its original engine and transaxle and historical report by historian Keith Bluemel. CARS IN STOCK 1961 Aston Martin DB4 GT 1972 Alfa Romeo T33/3 1964 Alfa Romeo TZ L-head engine. Won its class at Pebble Beach in 2000. Cond: 3. SOLD AT $935,000. A rare and unique car sold within its estimates, but brought less than I expected. Considering the completely unrestored condition and interesting history, I would have thought this would have attracted at least another $100k. Well bought. #15-1906 CURTIS V-Twin motorcycle. Eng. # 3207. Black. The Curtis motorcycle was first to introduce a V-twin powerplant in 1905. Direct belt drive, frame without suspension, precarious rear seat. Flawless restoration by Steve Huntzinger, with extensive research to ensure authenticity. Completed in 2001, January 2007 example of the first year of the Indian Twin. Cond: 1. SOLD AT $77,000. The price was a bit on the high side, but the Chandler effect added about ten to fifteen percent to almost all the lots. Even for the money paid, an excellent addition to any collection. 1960 Austin-Healey 3000 ‘Ruddspeed' 1964 Abarth Simca 1955 Bentley R-Type Continental( Manual) 1931 Bentley 4 ½ Supercharged 1972 De Tomaso Pantera Group4/5 1967 Ferrari 275 GTB/4 RHD Alloy Body 1973 Ferrari Daytona 1973 Ferrari 365 GTB/4 NART Competition Daytona 1992 Ferrari F40 1949 Jaguar XK120 – Aluminium 1974 Lancia Stratos 1973 Porsche 911RS Lightweight 1970 Porsche 911 2.2S 1953 Pegaso Z102 14 Queens Gate Place Mews, London, SW7 5BQ Telephone 011 44 20 7584 3503 Fax 011 44 20 7584 7403 cars@gregorfisken.com www.gregorfisken.com 73 GREGOR FISKEN Fine Hi s toric Automobi les Situated in a Kensington Mews, internationally famous for old cars, we are proud to offer a varied selection of historic automobiles. Our prices are keenly competitive in today's market and we are always interested in buying, part exchanging or selling on clients' behalf cars similar to those below. Please write, phone, fax or e-mail with your requirements.

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Gooding and Co. Oxnard, CA #46-1909 PIERCE-ARROW MODEL Column Author 48SS Great Arrow Seven-Passenger touring. S/N 6762. Eng. # 6762. Maroon/black/red leather. RHD. Odo: 968 miles. One of 362 Model 48s produced in 1909. Correct Solar 933 sidelamps and Rushmore headlights. Electric starter and oil filter added. Cast aluminum the best buy at the Chandler auction. Restored to perfection and loaded with history, it could have sold for another $50k without question. #54-1911 FLYING MERKEL MODEL 50 motorcycle. Eng. # 4310. Orange. One of the most outstanding motorcycles of the period. Ball bearing V-twin engine with integrated magneto ignition. Restored to high standards coachwork in good condition. An impressive brass-era car restored to perfection. Cond: 1-. SOLD AT $467,500. Purchased for $336,000 at Christie's auction at Pebble Beach in August of 2000 (SCM# 10208). Stated to be a wise purchase at that time, and even now at $130k more, still well bought. #85-1910 LOCOMOBILE TYPE I Seven-Passenger touring. S/N 3715. Eng. # 3795. Dark green & black/black fabric/black leather. RHD. Odo: 979 miles. Last year of the Locomobile. Third Model I built and was the Chicago Auto Show car. Non-original but practical self-starter installed. Partial restoration some years ago still very presentable. blue/tan fabric/blue leather. RHD. Odo: 989. Stated to be the best Olds Limited in existence. Perfect paint and brightwork, excellent interior and top. Meticulously restored, Pebble Beach class winner. The only known 1912 Limited Flyabout. Cond: 1. SOLD AT $1,265,000. How much is too much when it's the best? While the price paid was seven figures, you'll never find another one. If you can afford it—and the buyer obviously could—then the price was right. Let's just hope the new owner brings it out now and then. some years ago. Strong appearance with nickel-plated engine and orange paint in excellent condition. Cond: 1-. SOLD AT $126,500. Flying Merkels are by no means plentiful, but even considering its rarity, the price paid here was high by as much as $50,000. A striking presentation. Well sold. TOP 10 No. 5 #62-1911 MERCER 35R raceabout. S/N 478. Eng. # 262. Maroon & tan/black leather. RHD. Huge 4-cylinder T-head en- gine and 3-speed transmission. Complete restoration by George Wingard. 100-mph speedo and period Warner tachometer. Authentic except for later side lamps. Minor paint chips Paint shows some cracking and polish marks. Top and interior nice, excellent brass. Cond: 2. SOLD AT $506,000. The six-cylinder Model 48s are the more desirable Locomobile. This would have been an excellent touring car with the huge engine and four-speed transmission. Sold in the expected price range, which makes it a bargain at this sale. #18-1911 HARLEY-DAVIDSON 7D 811-cc Twin motorcycle. Eng. # 922A. Gray. First year for the Harley-Davidson V-twin. Single-speed belt-drive transmission. Restored to highest standard by Steve Huntzinger. Restored with attention to authenticity. One of only four examples known to exist. Starts easily and runs smoothly. A very significant Harley. Cond: 1. SOLD AT $187,000. Not only was this motorcycle well bought, it was 74 show use. Stated to be an excellent driver, with some modern touches well-hidden for safe use at speed. Cond: 2. SOLD AT $1,595,000. Sold for half a million more than any other Raceabout. Even so, only a few remain—and this was one of the best, so the price paid was justified. These cars were built to be driven, and hopefully the new owner will do so. TOP 10 No. 6 #56-1912 OLDSMOBILE 60hp Limited flyabout. S/N N/A. Eng. # 64626. Dark brass. Only one of its type. Cond: 2. SOLD AT $429,000. After its national park use, it was a gold mine prospector's tour bus. It was more recently used as a transporter of Pebble Beach judges. Just the thing for taking 35 of your best friends on a slow-moving tour. After that, what do you do with it? An interesting and unique Packard truck sold at a premium price. #40-1913 POPE-HARTFORD MODEL 29 roadster. S/N 1118. Eng. # 14115. Valencia Orange/black leather. Odo: 1,423 miles. Found by Harrah's in very complete condition during the late '60s. Extensive and authentic restoration followed, ownership known since. Paint and brightwork still very presentable. One of four six-cylinder Pope-Hartfords in existence. Cond: 2. SOLD AT $935,000. This significant car created a bidding frenzy, and sold for almost twice the high estimate of $500,000. Sports Car Market #92-1912 PACKARD ADT Three-ton sightseeing bus. S/N 32548. Green/black leather. RHD. Used for sightseeing in Yosemite National Park. Quality restoration completed in 2001. Large brass “Solar Clipse” firewall-mounted searchlight. Paint chipped, stress cracks throughout. Decent interior, nice

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Gooding and Co. Oxnard, CA Interest in high-horsepower brass-era cars is at its peak, as shown by the final price paid here. These cars aren't dead—better go re-read your tea leaves. #57-1913 INDIAN SINGLE motor- cycle. S/N N/A. Eng. # 41E665. Indian Red. Unrestored example with new cradle spring frame. Found some years ago in walled-up area of a garage. Numerous original accessories include acetylene lights, rear carrier, and tank mounted tool box. Original, but some of the striping looks a bit newer. Cond: 3. SOLD AT $60,500. A desirable bike, but not at this price. Would have been a decent buy at $40k, but this was over the top. These are not that hard to find if you are willing to wait—but who wants to wait at an auction? Obviously not this buyer, and he paid for the privilege. #74-1914 PACKARD 3-48 SevenPassenger touring. S/N 50037. Eng. # 50038. Maroon & black/black canvas/black leather. One of only two 3-48 Seven-Passenger tourings thought to exist. Restored to high standard in the late '90s. Huge six cylinder T-head cast in blocks of two. Well restored strong running car with matching numbers. Excellent paint, nice interior, good top and glass. Cond: 1-. SOLD AT $484,000. An impressive Packard that would be welcomed at most any event or tour. The money here was in line with expectations, so the new owner should be happy he paid a fair price. #19-1914 FLANDERS motorcycle. S/N 7422. Eng. # 7012. Red. First year for the Flanders Twin. Equipped with Splitdorf magneto and unique chain drive. The only Flanders January 2007 75

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Gooding and Co. Oxnard, CA Column Author 7-9 HP Twin known to survive. Three owners from new, restored to amateur standards. Paint lacks luster and brightwork is a bit dull. A rare and exciting bike. Cond: 2-. SOLD AT $88,000. I would think that whatever was paid here would be market-correct. It was the only one known, so if you wanted it for your collection, you'd pay for the privilege. Condition was not to usual Chandler standards, but rarity trumps all here. #12-1916 POPE motorcycle. Eng. # 16T25. Pope Gray. Odo: 8,187 miles. Col. Albert Pope owned the Columbia bicycle company before manufacturing his own overhead valve V-twin motorcycle. Equipped with foot starter rather than pedal crank and 3-speed transmission. Exceptional original condition. Red striping and lettering intact. History known since 1921. by L.E. Fowler. T-head design did not deliver enough displacement to keep up with competition, and was dropped after 100 units built. Restored 20 years ago, but still shows well. Only running example known. Once owned by Steve McQueen. Attractive and unique. Cond: 2. SOLD AT $104,500. One of several very significant Chandler motorcycles that sold under the money. The combination of rarity, quality restoration, and McQueen ownership should have brought another $25k–$30k. The new owner should be delighted. Well bought. Cond: 3. SOLD AT $121,000. The advanced engineering and unmolested original condition make this a welcome addition to any collection. Original bikes and cars are very much in favor, and rightly so. Price paid was as expected, and should be considered well bought considering the condition. #81-1916 CRANE-SIMPLEX MODEL 5 Dual Cowl phaeton. S/N 2445. Eng. # 013. Green/tan canvas/tan leather. Odo: 6,065. Coachwork by Farnham & Nelson. Once owned by D. Cameron Peck. Body style is one of three known to exist. Windshields and steering wheel have been changed, otherwise #47-1930 CADILLAC 452 Special Sport phaeton. S/N N/A. Eng. # 702515. Green/tan fabric/green leather. Odo: 97 miles. A product of Harley Earl's Art and Color Department. Stunning coachwork, engine styling over the top. Incorrectly listed in catalog as a 1931. Restored in 1993. Runs smoothly and quietly. Presentable, but shows signs of age in paint and 745s remaining. Restored in the late '70s with numerous awards and trophies thereafter. Well preserved, some minor paint issues. Excellent chrome and brightwork, very nice interior. Cond: 2. SOLD AT $330,000. Price paid was over the high estimate of $225,000 by $105k. Elegant styling justifies a lot of that result, condition helps as well. It was clear some of the bidders in the room wanted this car, and they were willing to do what it took to get it. Well sold. #16-1931 STUTZ DV-32 Speedster pha- eton. Black/black fabric/red leather. Odo: 43,623 miles. Coachwork by LeBaron. One of only 384 Stutz DV-32s built in 1931. Speedster was Stutz's term for an open car, and LeBarons were standard close-coupled bodies. Attractive styling with a flawless older restoration that still shows well. Little to fault here. Cond: 1-. SOLD AT $517,000. The long-wheelbase custom-bodied Stutzs are more desirable due to their improved handling. Price paid here was aggressive, but considering the quality of restoration and desirable coachwork, I would not say it was out of line. #20-1931 LINCOLN MODEL K convert- brightwork. Cond: 2. SOLD AT $715,000. An impressive Cadillac V16 that sold for impressive money considering its condition. Some attention to detail would have gone a long way here. Cadillacs and Lincolns still lag behind Packards in the market, but this sale narrowed the gap a little. Well sold. #79-1930 PACKARD 745 Deluxe Eight convertible sedan. S/N 180837. Eng. # 188743. Blue & silver/tan canvas/gray fabric. Odo: 848 miles. One of two Brewster-bodied original condition. Attractive dual cowl body style with runningboard spotlight. Chassis cost $8,000 new before coachwork. Cond: 3. SOLD AT $308,000. Another example of an early car selling for strong money. Clearly the market is still strong for these early cars, as almost all of them brought high dollars here. Astonishingly original, well bought and sold. #31-1926 CLEVELAND FOWLER FOUR motorcycle. Eng. # 95. Olive drab. Designed 76 Minor issues with top fit and finish. An excellent tour car with a striking design. Cond: 3+. SOLD AT $231,000. A Lincoln by one of the more desirable coachbuilders is still a Lincoln. They bring far less than a similar Packard. The buyer got a lot of car for the money, but there is little or no upside here. TOP 10 No. 1 #59-1931 DUESENBERG J special phaeton. S/N 2189. Eng. # J168. Maroon & tan/tan fabric/cream leather. Odo: 91 Sports Car Market ible Victoria . S/N 68757. Eng. # 68757. Gray & silver/tan fabric/red leather. Odo: 8,002 miles. One of four built and two surviving Waterhouse convertible Victorias built on a K chassis for 1931. Restored in the '70s, still very presentable. Unique attractive paint scheme shows some nicks and other imperfections.

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Gooding and Co. Oxnard, CA Column Author AT $308,000. Lots of questions here. At the time the car was built, Earl was in Detroit, and the car offered here differs from original photographs in headlight design and front bumpers. Lots of work left to be done and then where are we? Plenty of money spent , so the new owner may be upside-down before he even gets started. miles. Originally bodied by Derham as a four-door sedan, rebodied by LeBaron in the early '30s. Sculpted lower door edges with hidden door hinges. Restored to perfection by Dee Howard in the late '80s. Flawless older restoration needs only a quick touch-up to be competitive. Cond: 2+. SOLD AT $2,640,000. The top sale at the auction. Serious money, but the presentation was striking and the car was worth the price paid. Well bought and sold. #93-1931 PACKARD 845 Deluxe Eight convertible Victoria. S/N 84551. Eng. # 188669. Aubergine/black fabric/tan leather. Odo: 13 miles. Four owners from new. One of two Waterhouse convertible Victorias known, and the only one with 1932 updates. Interesting and colorful history. Restored in the mid '90s and still maintaines a strong presence. Excellent #50-1932 LINCOLN KB Dual Cowl phaeton. S/N KB676. Eng. # KB1230. Chicle & Copra Drab/tan fabric/brown leather. Odo: 2,568 miles. First year for the 12-cylinder KB. 1,515 produced, 30 of which were dual cowls. Six thought to have survived. Restored in the 1980s by Tom Lester. Numerous awards in early '90s, but needs to be freshened up to bring honors again. Cond: 2. SOLD AT $440,000. open fenders. Restored in the early '90s by Fran Roxas. Attractive styling maintains a strong presence. Excellent paint, nice interior and top show slight signs of age. Cond: 1-. SOLD AT $495,000. Both of the Chandler KB Lincolns sold for strong money. Is this a sign that they are finally coming into their own and getting the attention they deserve? I certainly hope so, as they are excellent cars with wonderful style. Well sold, well bought. #75-1933 PIERCE-ARROW 1247 con- vertible sedan. S/N 3550040. Eng. # 355074. Tan & brown/tan canvas/brown leather. Odo: 263 miles. One of four Pierce-Arrow V-12 convertible sedans produced in 1933. Professional restoration from the late '80s still shows well. Long list of awards. An excellent tour car with power brakes. Paint shows some small chips The days of Lincolns being bought for bargain prices has ended. Collectors are recognizing the value in these elegant cars and are willing to pay more realistic prices for them. This car brought $90k over the high estimate of $350,000, and it was well deserved. This price would have been silly a few years ago, but not now. Well bought and sold. TOP 10 No. 7 paint and chrome, nice interior. Cond: 1-. SOLD AT $660,000. One of four convertible Victorias in Chandler collection. This desirable Waterhouse coachwork on a long wheelbase Packard made for a striking combination, and even though the price paid just about doubled the high estimate of $350,000, I can't say it was out of line here. #94-1931 CADILLAC 370 V12 roadster. S/N N/A. Eng. # 1000459. Primer/gray cloth. Odo: 53,875 miles. One-off custom roadster with dual tail fins, teardrop fenders, and unusual grille. Built by Harley Earl Coachworks in Los Angeles, and thought to have been owned by Buck Jones. Unfinished and loosely assembled for sale. Body panels in primer, interior incomplete. Present brightwork OK. Cond: 3. SOLD #98-1932 PACKARD 904 Deluxe Eight convertible Victoria. Black/ black leather/gray leather. Odo: 31. Restored in the 1980s for Imperial Place Collection. Characteristic Dietrich raked V-windshield and wood trim on doors. Pilot-Rays, decent chrome and trim, and scratches, panel gaps OK. Some slight waves in bodywork. Cond: 2. NOT SOLD AT $506,000. Another example of how strong the market was here for these full-size American classics. Of course these were the best, so don't expect to see any sudden appreciation of your 8-cylinder Packard sedan. A strong car at strong money. TOP 10 No. 3 excellent paint. One of four built. Striking overall, black leather top looks out of place. Cond: 2. SOLD AT $1,100,000. One of the better buys at the Chandler auction. Perhaps all the big boys had already spent their money, but I seriously doubt that. This could have gone for another quarter-million and still been well bought. #71-1933 LINCOLN KB convertible sedan. S/N KB2005. Eng. # KB2005. Dark green & red/tan canvas/dark green leather. Odo: 351 miles. One of only six surviving of the 15 built, and the only one with 1932-style 78 Sports Car Market #35-1933 PACKARD 1006 sport phaeton. S/N 10062. Eng. # 901073. Maroon/ tan fabric/black leather. Odo: 79,536 miles. A full custom Dietrich design. One of three built for major auto shows. Refreshed by Peter Rosi in the early '80s. Known history from new. Minor signs of paint wearing thin. Brightwork lacks luster, but shows well.

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Gooding and Co. Oxnard, CA The ultimate custom-bodied Packard Twelve. Cond: 2. SOLD AT $1,980,000. Packard Twelves from 1933 are more desirable than the 1932 Twin Sixes due to increased power and skirted front fenders. This was one of the most desirable and highest priced Packards offered at public sale in recent memory, and I would not have been surprised if it sold for a quarter of a million more. Well bought. #28-1933 PACKARD 1006 convertible sedan. S/N 100620. Eng. # 901073. Gray/tan fabric/gray leather. Odo: 94,348 miles. An unrestored original Packard with known ownership since new. Top, front seat, and minor plating redone. Equipped with Pilot-Rays and dual sidemounts. Dietrich design includes raked windshield and rolled body beltline. Pebble Beach Preservation class winner, best unrestored Dietrich known. Cond: 3. SOLD AT $687,500. Originality usually comes with a steep price, but this was one of the better buys at the auction. Packard Twelves with coachwork by Dietrich are at the top of the list, but for some unknown reason this one did not reach its full potential. Most thought it would end up close to seven figures. TOP 10 No. 4 #87-1933 PACKARD 1006 convertible Victoria. S/N 100622. Eng. # 901368. Champagne/tan/tan leather. Odo: 1,478 miles. The only survivor of three Dietrich convertible Victorias built. Complete restoration in the late '90s. Judged at 100 points at numerous events. Elegant design on a very desirable split-windshield Packard. Nothing to fault here. Cond: 1. SOLD AT $1,650,000. Over the high estimate of $1.3m by $350k. The color was not to everyone's liking, but the quality of restoration couldn't be questioned. Impressive price for an impressive Packard. TOP 10 No. 8 #24-1934 PACKARD 1108 Two-Place coupe. S/N 110832. Eng. # 902072. Blue & black/red leather. Odo: 269 miles. One of five known examples of two-place Dietrich coupes. Restored by RM Classic Cars in 2000. Raked V-windshield a Dietrich trademark. Numerous Classic Car Club of America awards. Exceptional closed coachwork presented with flawless restoration. Cond: 1-. SOLD AT $1,100,000. A V12 with Dietrich coachwork is about as good as it gets. A closed coupe would not get this attention if the coachwork were not January 2007 79

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Recent Il Biscione sales on eBay by Geoff Archer (All creative English within quotes exactly as presented by sellers on eBay.) #1400289973-1972 ALFA ROMEO 2000 SPIDER racer. S/N AR3041047. Red & white/white. 12 Photos. Elgin, IL. Full race car minus Panasport wheels, engine, and transmission. “Last raced at Gingerman Michigan in a V.S.C.D.A. vintage race where it won it's class and group in spring of 2005.” 12 point cage. “4.56 lsd rear-end with a Ward and Dean Panhard rod. Ward and Dean race springs”, Tilton brakes, ATL cell, aluminum so elegant. Restored to perfection and oozing with style equals a seven-figure sale—and rightly so. #52-1934 PACKARD 1108 Twelve town car. S/N 110878. Eng. # 901745. Black/black leather & fabric. Odo: 84 miles. One-off design by Bohman and Schwartz for '30s movie star Jeanette MacDonald. Some say that body was built by Cord, a story strongly denied by Chandler. Restored in early '80s and again by continue to be strong, and this one did not buck the trend. It had the look and was in excellent condition overall. Even so, it sold for at least $50,000 more than might have been expected elsewhere. #17-1963 CHEVROLET CORVETTE Z06 seat with five-point harness. 5 bids, sf 48, bf 46. Cond: 3. SOLD AT $2,575. Seeing a line like, “In full race trim it weighed 1940 lbs without driver” always makes me think about how long it's been since I was in “full race trim” (if ever). On a more positive note, this was a great deal for the buyer. The cost was many thousands less than it would take to recreate it. It should have sold for several grand more. #2700110089-1974 ALFA ROMEO 2000 SPIDER Custom convertible. S/N AR3045955. Smurf Blue/blue canvas/black. Odo: 128,450 miles. 6 Photos. Newbury Park, CA. “Did some changes to front end and tail lights after that I had the car painted with two stage paint.” You can say that again. The rear looks like an Opel Manta with four round Camaro tail-lights. I would tell you what the front end looks like, except a) you can see the photo, and b) I can't think of any car made that ever had such nostrils. Chandler's shop. Numerous awards includng First in Class at Pebble Beach. Very attractive styling, numerous paint blemishes, body does not appear to sit straight on frame. Cond: 2-. SOLD AT $825,000. The epitome of classicera styling. A graceful town car with gobs of Hollywood history. The car had a surprising number of issues considering the long list of prestigious awards. On the surface, the price paid seems on the high side, but time will tell. Well sold. #65-1938 PACKARD 1607 Twelve con- vertible coupe. S/N N/A. Eng. # A600374. Black/tan fabric/black leather. Odo: 74,907 miles. An original car with minor touch-ups and replating. Known history from new. Interior worn, paint tired, rust bubbles in right rear fender. Cracked windshield, nice brightwork. New top, H4s, and door mirrors. “The engine is hi comp and big valve with side draft carbs. Both engine and trans run stronge.” 1 bid, sf 92, bf 22. Cond: 3+. SOLD AT $4,900. One other person on the face of the earth though this was cool and bought it. That's the magic of eHarmony.com—oops, I mean eBay Motors. I'm not sure if it is a trick that could be repeated at this seemingly generous price. #1100345609-2003 ALFA ROMEO SPORTS RACER Prototype racer. Black tube frame/. 7 Photos. Denver, CO. “The sports racer is all Alfa Romeo parts. It has a GTV6 engine (185-hp 2.5 Liter), with an Alfetta Tranny and a GTV6 double clutch assembly.” Suspension is Alfetta and GTV6. “Built by Shawn Knopp of Knopps Auto Repair Denver Colorado.” No title or VIN. 34 An excellent driving car in unmolested condition. Cond: 3. SOLD AT $209,000. This was not the most desirable year for Packards, as most prefer the '37 styling over what was offered here. The price was a bit light considering the known history, limited use, and unrestored condition. Mark this up as one of the better buys of the auction. #100-1939 FORD 91A Deluxe woody track days with CO Alfa Club. “The exzaust tubes on the V6 engine at the time where individual and pointed upward Like a Chaparal Sports Racer.” Claimed ideal CanAm wheelbase of 99 inches. 2 bids, sf 127, bf 95. Cond: 4+. SOLD AT $2,499. Maybe it's not a coincidence that this wild track car went for ShifterKart money. Seems like a few calls to (supposedly impressed) Alfa Club witnesses would have encouraged bidding to at least double this figure...u 80 wagon. S/N 815059326. Yellow & wood/black vinyl/brown vinyl. Odo: 1,393 miles. Restored in the '70s, far from fresh. Lots of interesting options including Columbia two-speed rear axle, Roto-Matic radio, dual spotlights, and hot air heater. Door fit off a bit, paint tired, nice chrome and glass. Interior shows nicely. Cond: 2-. SOLD AT $286,000. Woodies due to minor use, interior perfect. Maintained in as-new condition. Cond: 1-. SOLD AT $121,000. A relative bargain compared to what it cost new, but the market for yesterday's super cars falls off very quickly. Sold at $19k under the low estimate of $140,000, and it was a lot of car for the money. Well bought.u Sports Car Market a 36 gallon “big tank” with oversized filler cap. Bloomington Gold in 1994. Cond: 1-. SOLD AT $330,000. Loaded with unique options, one of only 63 built with the big tank. Price paid had to have been some sort of record for '63 Split-Windows, but considering the desirable options and unique history, it's only out of line by $25k or so—which will be quickly forgotten the first time out with the new owner. #61-1998 CHEVROLET CORVETTE Callaway C12 coupe. S/N 1G1YY22GXW5121169. Red/black leather & fabric. Odo: 782 miles. The first Callaway C12 built. Road & Track and Motor Trend cover car. 0-60 in 4.2 seconds. Paint shows blemishes coupe. S/N 30837S109324. Eng. # F0204RF. Saddle Tan/saddle tan leather. Odo: 50,647 miles. 327-ci fuel-injected V8, 4-sp. Quality older restoration with numerous awards. Door fit off, as with most Corvettes. Excellent paint, nice chrome. RPO Z06 includes a sway bar, stiff springs, larger shocks and the L84 injected engine. Also equipped with power windows and

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Bonhams & Butterfields North Brookfield, MA Column Author The Frank Cooke Collection Everything sold, making for an almost unheard of 100% sales rate for an auction with reserves Company Bonhams & Butterfields Date September 23, 2006 Location North Brookfield, MA Auctioneer Malcolm Barber, Toby Wilson Automotive lots sold / offered 29 / 29 Sales rate 100% Sales total $1,764,763 High sale 1930 Rolls-Royce 40/50hp Phantom II, sold at $238,000 Buyer's premium Malcom Barber (L) had 900 lots to get through and came out batting a thousand Report and photos by Donald Osborne Market opinions in italics North Brookfield, MA B onhams & Butterfields's sale of the Frank Cooke Collection was a throwback to another time. A world away from the “cars as commodities” mentality often seen on the Monterey Peninsula and in the Arizona desert, this sale took the place of Bonhams & Butterfields's previously announced Rolls-Royce auction held in conjunction with the annual Rolls-Royce Owner's Club meeting. Frank Cooke, who died at the age of 92 in December 2005, had a long career in optical fabrication. After a stint working for Polaroid, he opened his own business in North Brookfield, Massachusetts. His success in the field of optics allowed him to pursue other passions: pre-war Rolls-Royces and Stanley Steamers. He was the long-time technical vice president of the R.R.O.C., and operated the Vintage Garage as a combination repair workshop, restoration shop, and educational museum. Most people at the preview and sale were there to get a souvenir to remind them of Cooke and their experiences with the Vintage Garage, and many were locals who had worked for him over the years. International interest was very high as well, with bidders from all over the world making the trip to the site of his longtime museum and garage. They came early, stayed late, and bought big. The majority of the almost 900 lots offered were parts, automobilia, and oddities—with only 29 cars in various states of completion rounding out the field. High sale of the day was the star of the show, the 1930 Rolls-Royce 40/50hp Phantom II Dual Cowl sports 82 phaeton, known as the factory experimental and development car. Wearing very rakish coachwork it acquired in 1933 when it was first sold to the public, it had panache to spare. In presentable condition, it sold for $238,000. A 1927 Rolls Phantom I Piccadilly roadster brought $172,000, and a 1926 Rolls-Royce Silver Ghost fitted with a London-Edinburgh Torpedo body—and originally delivered with the Piccadilly roadster coachwork previously mentioned—went to a new home for $161,000. A very nice 1951 Bentley S1 Continental in great colors and in high-level driver condition also brought $161,000, and it was reported to have been one of Cooke's favorite cars. A 1910 Stanley Steamer 10hp constructed by Cooke himself from his immense cache of parts was hammered sold at $93,600—an impressive result for a non-original. Some of the rolling chassis included in the sale had been display or demonstration pieces in the museum and would have been a reasonable base for a restoration with new or recycled coachwork. Many others could more accurately be called “dragging chassis,” as they lacked tires for their rusty wheels and may or may not have had engines or transmissions. It seemed a rather weighty way to get the few spare parts which hadn't already been stripped from them. Nonetheless, they sold, as did every piece Bonhams offered. It's truly rare to have an auction which is not “No Reserve” sell at 100%, and it's even rarer when you sell all of almost 900 automotive and memorabilia lots in a single, long day.u Sports Car Market 17% on the first $100,000, 10% thereafter (included in sold prices)

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Bonhams & Butterfields North Brookfield, MA ENGLISH #1003-1914 ROLLS-ROYCE 40/50hp HMS Sherman replica armored car. S/N S286PK. Eng. # 21864. Olive drab/black fiberglass. Olive drab paint done to correct armored car standard. Flaking paint on wheels, plywood running boards. Bare fiberglass shell seats, single machine gun in turret. Armor 434HH. Eng. # 22109. Blue & black/black leather & brown cord. RHD. Odo: 2,828 miles. Coachwork by Willoughby & Co. Very good panel fit, nice paint with some small scratches and rub marks. OK trim with light paint shows shrinkage, touched-up chips, and polish scratches. Fair bright trim, worn down to brass on radiator shell. Broken left headlight lens. Nice interior, excellently finished wood plating replicated in aluminum. Sealed beam headlights fitted for night action. Cond: 4-. SOLD AT $87,750. Ex-Frank Cooke Collection. If you're not a motorbike enthusiast, just the thing for living out your Lawrence of Arabia fantasies. Was it too expensive? Try to build one yourself. (Profile on p. 48) #1001-1924 ROLLS-ROYCE 40/50hp SILVER GHOST Pickwick sedan. S/N polish scratches. Serviceable interior shows wear on rear compartment fabric. Good wood trim, many period accessories fitted in the rear compartment. Cond: 2-. SOLD AT $111,150. Ex-Frank Cooke Collection. A stunning and dramatic town car in striking colors. Needed little work to be a show car, ready for fine touring as it was here. A bit of a bargain. #1018-1924 ROLLS-ROYCE 40/50hp SILVER GHOST landaulette. S/N 88RM. Eng. # T105. Cream & beige/black leather/ black leather & brown cloth. RHD. Coachwork by Brewster. Very good panel fit. Decent older headliner over driver's compartment. Cond: 4+. SOLD AT $139,000. Ex-Frank Cooke Collection. Tall, formal, old-fashioned landaulette in surprisingly bright colors. Coachwork may date from 1912, and its appearance certainly looked the part. The chassis has only worn this body since the 1970s. Called “the wedding car” by Cooke's family, it would lend itself nicely to the profession. Well sold. #1004-1925 ROLLS-ROYCE 40/50hp SILVER GHOST Display chassis. S/N S287PK. Eng. # 21874. Odo: 88,156 miles. Good paint on chassis, cowl paint flaking. January 2007 83

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Bonhams & Butterfields North Brookfield, MA Column Author Plexiglass display hood. Engine clean with minor surface rust and new oil filter. Dull brass radiator shell and head lights. Running boards fitted, fenders missing. Cond: 5+. SOLD AT $58,500. Ex-Frank Cooke Collection. A readyto-run museum display chassis. Use it as-is, or fit new coachwork and go touring. Price was correct for the working mechanical half of a Roller. #1013-1925 ROLLS-ROYCE 40/50hp SILVER GHOST chassis. S/N S152MK. Eng. # 20524. Odo: 38,715 miles. Appears complete. Chassis and engine show light surface rust. Dull radiator shell. Has running boards and hood, missing cowl. Dashboard in Late model seat belts and custom wood trunk. Cond: 5-. SOLD AT $24,570. Ex-Frank Cooke Collection. Very complete driving display chassis. Recommission and scare the neighbors, not to mention your local DMV. Reminiscent of the “visible chassis” models of our youth. Well bought. place with most instruments, wood surprisingly good. Cond: 5-. SOLD AT $49,725. Ex-Frank Cooke Collection. This was one of the better bare chassis, and you could certainly see how it could be used in a restoration or to make a very attractive exhibition piece. Price seemed high, but the buyer knew exactly what he wanted—and he was not afraid to pay up for it. #1008-1926 ROLLS-ROYCE 40/50hp Silver Ghost London-Edinburgh torpedo tourer. S/N S178ML. Eng. # 20785. Maroon & black/black canvas/black leather. Very good panel fit, excellent paint with nice gold leaf trim shows a nice patina, gauges excellent. Cond: 3. SOLD AT $172,000. Ex-Frank Cooke Collection. The Piccadilly body on this car was originally fitted to the 1926 Silver Ghost that was lot 1008 at this sale. Very handsome, it appeared ready to run a tour. No bargain by any means, but properly priced. #1010-1930 ROLLS-ROYCE 40/50hp PHANTOM II Dual Cowl sports phaeton. S/N 25EX. Eng. # UNIT21. Silver & gray/ white leather/red leather. Very good panel fit. Older paint somewhat flat. Fair bright trim shows many light scratches and pitting. Very good interior nicely worn, resprayed seats. Excellent dash wood a bit shiny. 2005 Massachusetts registration. Cond: 3+. SOLD AT $238,000. Ex-Frank Cooke Collection. The star of the auction, this Phantom II was most gauge faces cracked or broken. Cond: 6. SOLD AT $8,775. Ex-Frank Cooke Collection. Engine stated to be frozen. Given the shape of many of the rolling chassis, such an admission makes this one less appealing than most. Add to that the lack of desirablity of the slow 20/25, and the price here was somewhat extravagant. #1016-1932 ROLLS-ROYCE 40/50hp PHANTOM II sports saloon. S/N 207AMS. Eng. # S955. Black/N/A. Coachwork by Van Vooren. Chassis appears solid and straight. #1021-1931 MODEL 20/25hp chas- sis. S/N GPS14. Eng. # H5B. RHD. Odo: 33,733 miles. Chassis straight, some small areas of surface rust where the paint has chipped away. Engine is dry and dirty. Hood present, most of paint gone. Radiator shell dull. Dashboard present, wood worn away, on hood. Polish burn marks and small touchedup chips on left front fender. Very good bright trim slightly worn on sides of radiator shell. Interior shows a nice patina. Cond: 2. SOLD AT $161,000. Ex-Frank Cooke Collection. Fitted with coachwork from unknown East African builder, originally wore the Piccadilly roadster body of lot 1007 in this sale. The handsome body was mounted on hulking wood rails in order to raise it to cowl height. Nevertheless, a very attractive car. Overall condition dictated the higher than expected selling price. #1007-1927 ROLLS-ROYCE 40/50hp PHANTOM I Piccadilly roadster. S/N S454FL. Eng. # 20546. Blue & black/beige canvas/red leather. Odo: 7,753 miles. Coachwork by Merrimac. Excellent panel fit. Good older paint somewhat dull and in need of a polish. Brightwork dull on radiator shell and headlights, rust on front bumper. Good interior used by R-R for development and testing work before being sold to its first private owner in the U.S. Full ownership history provided, fitted with overdrive for touring. A car with great presence--not for the shy and retiring. Needed everything to be a show queen, but will dazzle in any tour. Well bought. #1020-1930 ROLLS-ROYCE 40/50hp PHANTOM II Display chassis. S/N 118XJ. Eng. # X155. White leather. RHD. Odo: 86,356 miles. Straight, complete chassis with plexiglas display hood and floor. Fairly clean engine. Radiator shell plating dull, headlights pitted. Mopar bucket seats fitted on chassis. 84 Sports Car Market

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Bonhams & Butterfields North Brookfield, MA Body complete except for hood. Surface rust on large areas of chipped paint on fenders and body. Left hand doors unmounted inside car. No interior bits present except for dash, which is in remarkably good condition, unmounted. Engine out of chassis, mounted as display with radiator shell in good condition. Cond: 6. SOLD AT $50,310. Ex-Frank Cooke Collection. Remains of very attractive and rakish Van Vooren 4-door low-roof sedan. A very ambitious restoration project, but will be stunning when completed. Hopefully the buyer will see it through. Fairly priced, but only the beginning of what is sure to become a costly venture. #1005-1937 ROLLS-ROYCE 40/50hp PHANTOM III chassis. S/N 3CM139. Eng. f# W189. Ivory & brown. RHD. Good chassis, hood, front fenders, and running boards all show minor surface rust. Dirty engine with rusty manifolds, nice radiator shell. Headlights and horns lightly pitted on all surfaces. Mild tire damage. Cond: 5-. SOLD AT $43,290. Ex-Frank Cooke Collection. The bodywork present wasn't much, but it will most likely be discarded in favor of new coachwork. Overall a very complete chassis, but the bid was overly generous for a car in need of this much recommissioning. #1019-1948 BENTLEY MK VI Display chassis. S/N B105DZ. N/A/black vinyl. RHD. Odo: 72,024 miles. Solid chassis, some light surface rust where paint has chipped. Engine appears complete and relatively clean with a new oil filter. Surface rust on firewall, radiator shell pitted, rust on grill vanes. Dash presents OK, very good wood. Cond: 4. SOLD AT $8,190. Ex-Frank Cooke Collection. A driving display chassis, with seats and taillights. Prepared for Cooke's Rolls-Royce Owners Club seminars. Not run for many years, it would make the basis for an interesting Bentley much-loved by Brits of a certain age. Well sold. #1000-1957 BENTLEY S1 CONTINENTAL fastback. S/N BC47CH. Eng. # BC46C. Blue/gray leather. RHD. Odo: 72,369 miles. Coachwork by H J Mulliner. Nice panel fit, very good older paint with January 2007 85

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Bonhams & Butterfields North Brookfield, MA Column Author Excellent paint and seat. Correct side lamps. Polished tiller arm shows only light wear. Good tires. Cond: 1-. SOLD AT $45,630. Electric horseless carriage, from one of the many Pope partnerships. Restored in 2000 and beautifully presented, needs only new batteries to be humming along the road again. Priced correctly, maybe even a bit of a bargain. #1002-1906 FRANKLIN MODEL D 20hp some swirl marks and touched-up chips. Good chrome with some light pitting. Interior shows a nice patina, with very good wood. Carpets shrunk, aftermarket a/c, Pioneer cassette stereo. Cond: 2-. SOLD AT $161,000. Ex-Frank Cooke Collection. A handsome S1 Continental fastback in a very appealing color. One of the best cars of the sale. These capable long-distance tourers have been steadily appreciating in value, and this one was priced correctly—especially considering the provenance. AMERICAN #1027-1904 OLDSMOBILE 6C Curved Dash runabout. Eng. # 20702. Black & red/ black vinyl. Good body, some cracking under seat and on engine compartment. Nice paint, casually applied striping on front fenders. Older Firestone tires, recent engine top-end and transmission overhaul, kingpins refurbished. Cond: on pedal board. Cond: 5+. SOLD AT $67,275. Ex-Frank Cooke Collection. Caged fan inside round grille opening gave this car a real “Chitty-Chitty-Bang-Bang” feel. An excellent air-cooled tourer ready for a good restoration. Price was a bit on the high side, but it will make a stunning restoration. #1011-1907 FORD MODEL R Turtleback runabout. Eng. # 4509. Dark green & red/ black leather/black leather. RHD. Good older paint, some small chips on right front fender, cracking on rear deck lid. Very good brass trim needs some polishing. Seat has a few tears and shows a wonderful patina. Excellent wood, top 3-. SOLD AT $40,950. Iconic 1-cylinder Olds. Interest in these continues to rise as more tours are being held for early cars. Of course, the leading one is London-Brighton—and this car sold to the U.K., so expect to see it on the run soon. A well bought usable example. #1029-1904 POPE-WAVERLY MODEL 21 Road Wagon. Eng. # 2388. Green & black/black vinyl/dark green leather. leather worn out. Cond: 3. SOLD AT $29,250. Ex-Frank Cooke Collection. This nicely worn old “big” Ford is an example of where the company could have gone had the Model T not proved so popular. In need of complete recommissioning after 40 years without use. The price was current market rate for a runner, so I consider it to be well sold. #1006-1910 STANLEY STEAMER 10hp replica runabout. S/N 545. Red/black canvas/ black leather. RHD. Good older paint, fender 86 Sports Car Market Five Passenger tourer. S/N D4227. Eng. # 5255. Blue & black/black leather. RHD. New rear doors, fit off at right side. Paint stripped from body and hood. Flaking blue paint and mold on chassis, good black paint on fenders. Seats show a nice patina, new unpainted wood edges scratched. Excellent brass trim. Evidence of oil leaks on rear axle. Nice seats, worn paint inside passenger compartment, some loss of veneer on wood trim. 2006 Massachusetts registration. Cond: 3-. SOLD AT $93,600. ExFrank Cooke Collection, well known in Stanley circles. Built over many years by Cooke from original Stanley parts on a new frame. Chassis number given by Cooke so the car wouldn't be confused with an original. Body style is more sporty than most. A big result for a replica, but priced appropriately, as it was built exceptionally well by a very knowledgable hand. #1015-1916 OAKLAND MODEL 38 speedster. S/N 381040S. Yellow & black/black leather. Odo: 22,848 miles. Good older paint, many scratches and some surface rust showing at cowl edge. Wood spokes on wheels in need of refinishing. Dull radiator shell and windshield surround trim, very good seats. Electric headlamps. Cond: 4-. SOLD AT $24,570. Ex-Frank Cooke Collection. Fitted with a later period-style body, it has a rakish, Mercer-like look. It was, however, still an Oakland, and the price paid here reflected it.u

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Kruse International Auburn, IN Column Author Kruse Auburn Fall 2006 A 1962 Facel Vega II coupe that was among the best I'd ever run across sold impressively at a full-retail $121,500 Company Kruse International Date August 30–September 5, 2006 Location Auburn, IN Auctioneer Dean Kruse, Kenny Garman Automotive lots sold / offered 747 / 1655 Sales rate 45% Sales total $21,062,149 High sale 1932 Auburn 12 boattail speedster, sold at $572,400 Buyer's premium 8% (included in sold prices) Lights, camera, action at the Fall Auburn circus Report and photos by Dave Kinney Market opinions in italics Auburn, IN K ruse Auburn is the perfect microcosm of city life uprooted for several days and placed in what used to be a farmer's field. It's the absolute paragon of disorganization, with apparently no one in complete control of the cars, with golf carts and people running and driving in every direction. The Kruse office staffers try as hard as they can to be traffic cops, but they are outnumbered by the sheer size and scope of this annual event. It's easy to hate the lack of organization, but it's im- possible not to love the variety of cars that show up every year. For a car guy, it's like Christmas morning. There are rows upon rows of American iron, and you can turn a corner and walk right into an unbelievable Rolls-Royce Camargue with a custom retractable hard top. Take a few more steps and find an almost never-seen Woodill Wildfire awaiting a new home. With a little time and effort, just about anything can be found here. Among the notable sales was a 1962 Facel Vega II coupe that was among the best I'd ever run across. It sold impressively at a full-retail $121,500. The nicest 1972 Jensen Interceptor III I'd seen in twenty-five years sold for a deserved $17,388, reflecting the rarity of fine examples. A 2003 Aston Martin Vanquish with only 10,800 original miles changed hands for $113,940. As-new in all respects, it brought less than half the price of a new one. An almost-perfect low-miles 1980 Datsun 280ZX 10th 88 Anniversary coupe found a new home at $19,548, and the new owner should be able to watch its value rise—providing he doesn't use it much. The owner of a driver-quality 1960 MGA roadster made the choice to keep it at a bid of $21,000—a decision that was likely difficult, as the bid was right on the money for one in that condition. A 1972 De Tomaso Pantera failed to sell at a bid of $62,000, and a 1963 fuel-injected Corvette remained with the seller at a less than expected $41,000. A 1974 Stutz Blackhawk failed to sell three different times at prices ranging from $17,000 to $13,000, likely due to a sinking filled-in original sunroof. Kruse is expanding in several different directions. Last year's sales total was $20,563,281—a figure that grew by almost $500k this year, and was due in no small part to the sheer number of cars and bidders present. A recent addition to the Kruse Auction Park is the new satellite office of ProTeam Corvette, which should also help to up the number of consignments and draw even more people to the event in years to come. Unorganized as it can seem, there's a method to the madness, and Kruse works diligently to make it as people-friendly as possible. Even so, one must be determined to fight the crowds and dodge the golf carts. It's worth it, because you never know what you might find sitting a few steps away.u Sports Car Market

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Kruse International Auburn, IN ENGLISH #808-1948 ALLARD M1 drophead coupe. S/N 81M834. Black/black cloth/black leather. RHD. Odo: 65,032 miles. Ford V8. Good recent repaint, but passenger door sags. Underhood bits were taped off and painted around—with some simply removed and replaced without restoration. Chrome is fair, most shows clouding or pitting. Nice top, new wide whitewall good glass and roof vinyl. Nice recovered vinyl seats. Poor original carpets look dirty and worn. Cond: 4. SOLD AT $6,912. Anglias in the United States didn't have a very high survival rate, as many of the bodies were used for customs of all sorts. An easy restoration if anyone cares to try it. I don't know where the next owner plans to go with this one, but he bought it cheap enough. tires, good glass, dry gaskets. Interior shows well with good leather and wood. Cond: 3-. SOLD AT $72,360. A very surprising result, as I would have expected less than half of this price for this condition. Perhaps the bidder thought he was getting a more desirable K-1 roadster, or the more popular J-2. This would have been very strong money for an M even in #1 condition. #3465-1952 BENTLEY Mk VI 4-dr saloon. S/N B309NY. Black & silver/green vinyl. RHD. Odo: 31,100 miles. They do get nastier, but not often. Horrible older paint is cracking, peeling, and missing in places. Most brightwork present, most badly pitted or without shine. Sunroof is a plus. Glass is tinted black, all gaskets are poor. Inside shows decent but incorrectly recovered vinyl seats. Fair wood #732-1953 MG TD roadster. S/N 24819. Gray/gray cloth/red leather. Odo: 24,104 miles. Fair older repaint, chrome barely makes it to decent. Some panel gap issues at both doors. Once-black tonneau cover faded to gray. Steering wheel center stolen the evening before the sale. Dash is complete and nice, very good the small premium paid for this car brings with it thousands in bonuses. A great example of spending a little more to get a lot more. #547-1960 JAGUAR Mk IX saloon. S/N 7916338W. Metallic black & red/black leather. Odo: 6,793 miles. Very good paint, some chrome missing or worn. Good glass, gaskets recently replaced. Nice seats have been redone in leather, door panels in vinyl. OK carpets, decent wood. Cond: 3-. SOLD AT $20,520. A likeable example—but don't confuse this with a fully restored car. It's more of what we once called a “road restoration,” where the car is driven as it's fixed up. I've seen a surprising amount of upward movement in big Jags recently; perhaps this sale is more market-correct than it is surprising. #819-1966 ROLLS-ROYCE SILVER SHADOW saloon. S/N SRX1327. White/ white leather. Odo: 85,928 miles. Excellent repaint, very good chrome, fine panel gaps. Good glass, lots of overspray on dry gaskets. Resprayed leather a low point on an otherwise leather seats. Cond: 4+. SOLD AT $10,800. The seller confirmed this car as an excellent driver with weak cosmetics. As such, no harm done. Excellent examples can be found in prices up to and including the high $30s and low $40s, so a little work will go a long way here. #3778-1953 MG TD roadster. S/N TD22669. Black/tan cloth/red leather. Odo: 17,329 miles. Good older paint, nice cloth top, excellent chrome. Looks to be a wellcared for older restoration. Flawless interior features well-done leather to the seats, very on dashcaps and dash, poor carpets. Cond: 5+. SOLD AT $7,992. Nothing short of a very expensive restoration can fix this Bentley. It was full of needs, many of which will have to be addressed just to use the car on an occasional basis. This is a perfect example where spending more will net substantially more. A rolling parts car or potential artificial reef. #3452-1953 FORD ANGLIA sedan. S/N Y459245. Green & gray/black vinyl/tan vinyl. RHD. Odo: 87,380 miles. Fair older repaint shows lots of cracking and orange peel, fenders appear to be primer. Decent chrome, January 2007 good gauges, nice dash. Cond: 2-. SOLD AT $25,380. Excellently bought, ready for local shows or summer use. With MG TDs that barely make it to decent bringing well into the teens, 89 excellent interior. Very good wood. Cond: 3+. SOLD AT $20,520. I wouldn't say that prices are rebounding on early Shadows, but it's comforting to see decent cars bring decent dollars. Most of the detail items were an easy fix, and this will make someone a nice driver, assuming it had been mechanically sorted. #3777-1972 JENSEN INTERCEPTOR III coupe. S/N 1335586. Eggplant/black vinyl/tan leather. Odo: 38,743 miles. Very good paint with a few minor flaws. Tidy and clean outside, with very good brightwork and excellent trim. Underhood disappointing, with easy to address

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Kruse International Auburn, IN Column Author cleaning issues ignored by the seller. Very clean interior, good seats are mixed vinyl and leather. Great dash and door panels. Cond: 2-. SOLD AT $17,388. The best Interceptor Coupe I've seen since the '70s, and the best one I've ever seen at auction. The coupes are normally found in a run-down state, with the expense of repair having become greater than the value of the car. This equation is slowly starting to change, and even though this was expensive, it was likely worth it. #3456-1976 ROLLS-ROYCE SILVER SHADOW saloon. S/N SRE26441. Sand & Sable/chocolate leather. Odo: 43,158 miles. Very good paint, excellent brightwork. Some of the rubber bits are dry and need replacement, including the rear bumper covers and extensions. Good glass, very nice exterior. Interior wood excellent, leather shows light wear to #814-1984 ROLLS-ROYCE SILVER SPIRIT saloon. S/N SCAZ542A8ECX08170. Silver Sand & taupe metallic/tan leather. Odo: 53,000 miles. Fair quality respray shows plenty of small pinhole flaws in most horizontal surfaces. Panel gaps nice, excellent brightwork, nice paint and trim. Panel gap off at driver's door, other gaps OK. Excellent leather, dash and console are as-new. 19-inch wheels, gray brake calipers, heated front seats, Linn Audio system. Cond: 2+. SOLD AT $113,940. Sounds cheap to me, but it's likely closer to marketcorrect than inexpensive. Quite a bit of car for the money now that the first owner has had his wallet chunked. A new Vanquish S coupe costs more than twice this amount. FRENCH #746.1-1962 FACEL VEGA II coupe. S/N very good glass, good trim. Interior shows superior wood, leather, dash and carpets. Cond: 3. SOLD AT $22,680. Except for the paint, a likeable example with lots of things going for it. I would have counted this car for less by $5,000 due to the paintwork, but then again, I'm cheap. #1074.1-1987 ROLLS-ROYCE CAMARGUE both front seats. Cond: 3+. SOLD AT $21,600. Silver Shadows still have not found their sea legs. You can buy a bad one for a quarter of this bid, yet really nice ones struggle to bring $30k. This car was likely worth the bid, as it had many positives going for it. These cars may turn the corner within the next few years, but until then, buy only the best examples. #812.1-1981 ROLLS-ROYCE CORNICHE convertible. S/N SCAYD42A18CX01563. Porcelain White/white vinyl/red leather. Odo: 41,058 miles. Paint is neither good nor bad, it's more just there. Good glass and brightwork. Vinyl top is nice, but shows some age. Interior decent, with worn front seats, good wood, dash custom hard top convertible. S/N SCAYJ42A9HCX10402. White/red leather. Odo: 324 miles. Excellent paint with no flaws noted. Panel gaps also good, chrome trim shows light buffer scratches around windshield. Owner states one of twelve built. Niko-Michael converted disappearing hardtop-convertible. Cond: 2. SOLD AT $109,080. good dash and gauges. Cond: 1-. SOLD AT $121,500. One of 91 built. This car was on the lot for a short time at Auburn Fall 2005, where it looked just as nice. At first glance, the price might seem expensive, but research shows it to be market correct. A beautiful car, beautifully presented. GERMAN I don't understand the “twelve built” bit, as more than a dozen Camargues were finished, and I've never heard of twelve convertible conversions. I'm heading way out on a limb here, but I am calling this one of the best buys of 2006. This as-new one-off coachbuilt Rolls with no more than delivery miles will be impossible to duplicate—and it's a decent looking car with the top down. #757.1-2003 ASTON MARTIN VANQUISH coupe. S/N SCFAC23323B500572. Silver/ gray & blue leather. Odo: 10,800 miles. Very and console. Driver condition. Cond: 3. SOLD AT $55,080. Overpriced, yet still not a very surprising result. My theory, like it or not, is that there are always buyers looking for a Corniche of their own, and they're willing to overpay to get one in their colors. Older Corniches bringing later model money is a phenomenon that tends to happen at auction. 90 leather interior, but little wear showing. Nice wood. Cond: 3+. SOLD AT $172,800. A very surprising outcome here. The rumor mill said that a number of people were quite interested in this car and were prepared to overpay to take it home. Overpay they did, but this very late 300D is a tough-to-find example of one of the last of the big Mercedes line. Not particularly well-bought, but justified. #4022-1966 PORSCHE 912 coupe. S/N 456055. Red/black vinyl. Odo: 57,714 miles. Cheap respray hides who knows what. Sports Car Market #3780-1961 MERCEDES-BENZ 300D convertible. S/N 300002537. Light blue/black cloth/black leather. Odo: 12,050 miles. An original Benz with original miles. Good paint shows recent work. Cloth top shrunk, faded, and in need of replacement. Most glass good, one piece scratched. Plenty of patina to original 145. Lavender/grape leather. Odo: 81,792 km. Excellent paint, brightwork very good, nice panel gaps. Underhood very clean and showing little use since restoration. Inside beautifully finished, with soft leather, excellent carpets,

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Kruse International Auburn, IN Column Author carpets. Cond: 2-. SOLD AT $20,520. Someone ignored the scariness of buying a V12 BMW at auction and really paid up for this Bimmer. It might take a while to find another red example, but I'd rather have one with tons of paperwork and every service stamp. They can be found for less money without too much effort. Chrome pitted, all rubber suspect and dry. Dirty underhood with plenty of overspray and mystery wires leading nowhere. Tired interior includes heavily worn carpets and cool headrest seats. About as rough as they come. Cond: 4-. SOLD AT $3,834. I really like 912s, but this rough puppy was tough to warm up to. As a project car, the 911 has a bigger pot of gold at the end of the rainbow, and surprisingly, motor rebuild costs on a 912 can be more than those for a 911. As an alternative to a boring sixyear-old Toyota for the same money, I'd take the 912 any day. Just make it a good one. #334-1979 PORSCHE 930 Slantnose coupe. S/N 9309800590. Red/saddle leather. Odo: 32,231 miles. Sunroof coupe with slantnose and whale tail. Very good paint, some of the trim is worn. Nice glass, whale tail rubber still pliable. Driver's seat has some light wear. Very good interior with an excellent dash and ITALIAN #519-1972 DE TOMASO PANTERA coupe. S/N THPNPL07097. Orange/black vinyl. Odo: 2,959 miles. Excellent repaint appears recent. Some brightwork shows minor pitting. Gaskets and rubber trim still nice. One-owner car, claimed to be original miles. A complete mechanical and cosmetic restoration was recently completed. Factory-correct come with car. A second set of Momo mags with tires are also included. Cond: 3+. SOLD AT $29,160. With full services done, this one can definitely be counted as a decent buy for the end user. Rare colors mean only that they were unpopular when new. Personally, I like anything better than red on a 308. Well done by both buyer and seller. #733-1990 FERRARI TESTAROSSA coupe. S/N ZFFSG17A0L0084190. Red/black. Odo: 16,709 miles. Very good paint, excellent gaps, trim not dulled. Large horizontal scratch across the windshield detracts from otherwise nice glass. Clean interior shows light wear to the driver's seat only. Seller states belt service Goodyear Arriva tires. Cond: 3+. NOT SOLD AT $62,000. I had this car as reported sold before I left the site at $62k, which would have resulted after commissions in a price just short of $67k. As this was a non-L model, the high bid was much more than I would have expected. Sale or no sale, a very interesting result. #522-1974 MASERATI MERAK coupe. console. The seller is the second owner, and claims the miles are original. Cond: 2-. SOLD AT $38,340. This car presented an overall clean look not often found on Porsches of this era at auction. Even if no mechanical blunders were looming, this buyer paid all the money on a design mostly unloved by the Porsche cognoscenti. #2558-1991 BMW 850i coupe. S/N WBAEG2319MCB72405. Red/black leather. Odo: 69,787 miles. Miles claimed original. Very nice paint with some minor surface scratches. Some touch-up work includes repainted rear bumper. Great glass, excellent trim. Interior still quite nice, worn leather bolsters on driver's seat, excellent dash and S/N AM1221398. Silver/red leather. Odo: 26,779 miles. Decent paint and brightwork. Many little cosmetic picks include loose and dry gaskets, but condition is not bad overall. Good seats show wear on the driver's side. has been recently completed. Cond: 3+. SOLD AT $74,520. There is hope for these once dead icons of a past era. I've always thought this is the car the 15-year-olds of 1990 will flock to when they have enough money. I witnessed a handful of thirty-somethings take pictures of this very car, and I'd call that a good leading indicator of future appreciation. #3057.1-2001 FERRARI 360 Modena spyder. S/N ZFFYT53B000122606. Silver/ tan leather. Odo: 12,000 miles. Factory paint shows a few stone chips and a scratch along the passenger side fender. Typical yellowing of paint protector strips. Interior shows wear to the driver's seat bolster. Needs lots of attention. Nice dash and console. Cond: 3-. SOLD AT $21,708. Just a few months ago, I would have noted that even a later SS model should not have brought this figure. This market is heading upward, but in this case, it was still too much money spent. #812-1982 FERRARI 308I GTS targa. S/N ZFFAA02A2C0040173. Azzurro Blue/ tan leather. Odo: 25,306 miles. No reserve. Excellent paint, good blackout trim, nice panel fit, new tires. Stated to be a three-owner example, and one of 22 produced in Azzurro Blue. “C” service performed at 18,500 miles, including a full belt service. All receipts and records 92 Cond: 3-. SOLD AT $143,100. “Dirty” is the word here. With literally dozens to choose from, the price on this needs-a-bath Ferrari was a Sports Car Market

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Kruse International Auburn, IN Column Author bit high. Other 2001s are available for similar money, and this one had too many needs to be considered a good buy at this price. #3060.1-2003 FERRARI 456M GTA coupe. S/N ZFFWL50A730131634. Silver sand/tan leather. Odo: 4,209 miles. Paint appears to be mostly original. Headlight doors show divots on the driver's side. Pirelli P-Zero tires have plenty of life remaining. Seller states Cond: 3+. SOLD AT $22,680. The Woodill pre-dated the Corvette by a year, and could be built with almost any engine. Some were sold as kits, a few were sold complete. My Wildfire gurus assured me this was more valuable than later models. A bit expensive, but try and find another one this nice. #288-1957 FORD FAIRLANE 500 Skyliner retractable hard top. S/N D7KW173891. Light green & white/light green/green vinyl & cloth. Odo: 66,213 miles. Good older paint, most brightwork very good. Rear fenders show some poorly sculpted body filler. Tired door all books, tools, and a car cover are included. Interior equipped with worn Daytona-style seats. Cond: 3+. NOT SOLD AT $100,000. The seller would say this figure was too light to let it go—and I'm sure the bidder thinks he stretched in order to get it. The truth is somewhere in the middle, as the bid price was market correct. JAPANESE #3802-1980 DATSUN 280ZX 10th Anniversary coupe. S/N H8130226344. Gold & black/glass t-tops/tan leather. Odo: 8,448 miles. Basically new down to the original Goodyear Wingfoot tires. No scrapes or dings evident on paintwork. Excellent trim, this car was both garaged and babied. The interior is as-new with no wear evident anywhere. Also ran earlier as #559, where it was a no-sale at replacement steering column with Grant GT steering wheel. Cond: 3-. SOLD AT $14,256. A part resto-mod truck, likely worth the high bid to a number of people who want a usable pickup to customize. This was by no means a fresh example, but it appeared to be a solid one. $14,500. Cond: 2+. SOLD AT $19,548. Very big money, but when analyzed it starts to make sense. This car presented very close to as-new condition, and it's a potential collectible model with under 10,000 miles. Likely one of the best examples in the country. The new owner has a choice of using it and watching it depreciate, or preserving it as-is with occasional use only. Expensive, but worth it to the long-term investor. AMERICAN #1057-1938 CADILLAC SERIES 90 town car. S/N 5270310. Black/black vinyl/black leather & cloth. Odo: 62,464 miles. Described as once used by the Pope. Good older black paint, very good vinyl to the fixed portion 94 #3074-1952 WOODILL WILDFIRE roadster. S/N 9945. Cream/black/black leather. Odo: 9,999 miles. Removable hard top, Ford V8. Excellent paint shows a small chip in the hood area and a scratch on the deck lid. Panel fit acceptable for an early fiberglass car. Good glass, nice chrome, older Dunlop tires. Cond: 3-. SOLD AT $22,680. Quite expensive for condition; perhaps the new buyer was taken by the newer paint. The supply of '60s convertibles continues to diminish, and the demand for them remains. Cool cruisers such as this will stay popular, and time will be the buyer's friend here. #3451-1968 FORD LTD 4-dr hard top. S/N 8W66Y193739. Green/white/green vinyl & cloth. Odo: 72,314 miles. 390-ci V8, 4-bbl, auto. Original paint with light chips and divots. Roof has two good sized dents. Decent chrome is complete. Interior is dead stock and clean, with good seats and dash. Carpets smell musty. Power steering, power brakes, a/c. Cond: 3-. SOLD AT $2,970. Nothing more than a fun and distinctive driver. The 390 is a big help, Sports Car Market of the roof. Some chrome pitted, most OK. Driver's compartment not restored and shows plenty of wear. Passenger compartment has original-style cloth upholstery. Cond: 3. SOLD AT $270,000. This car was definitely owned by the Vatican at one point, but no Pope proof was readily forthcoming. It was also owned by famed jeweler and General Motors collector Nicola Bulgari. A very interesting history, even if the Pope story is a stretch. #8026-1939 FORD PICKUP truck. S/N 184895732. Red/tan cloth/black vinyl. Odo: 2,637 miles. Older restoration holding up well. Good paint, wood in pickup bed heavily weathered. Cracked window on passenger side. Good interior with incorrect cloth and vinyl, panels and dash, incorrect seat covers of a recent vintage. It's all there, but it doesn't come together. Cond: 4. NOT SOLD AT $23,000. Today's buyer is looking for a ready-to-go car with a minimum of excuses or stories. Although this would likely make someone a nice driver, I doubt if anyone was ready to pay up to own a car with such obvious needs. Worth the bid, not much more. #2702-1964 PONTIAC BONNEVILLE convertible. S/N 884L87261. White/black vinyl/black vinyl. Odo: 7,788 miles. 389-ci V8, 4-bbl, auto. Very good paint just misses excellent. Older soft top is clean and well fitted. Most chrome lightly scratched, some heavily pitted. Excellent stainless brightwork.

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a 442 W30, not a Delta 88. This was another triumph of the optimist sale, and as a father-son project, it kind of made sense. With restoration costs paid on a per hour basis, one can only assume the new owner will be upside down in no time. However, as a #1 car, the argument can be made that value is approaching $20k. #3405-1978 FORD MUSTANG II coupe. but the four doors and fixed roof don't add much. With decent parts availability and a low cost of running, a great buy for someone just getting into the collector car market. #4029-1972 PLYMOUTH SATELLITE Sebring coupe. S/N RH23G3G261344. Red/ white vinyl/red & white vinyl & cloth. Odo: 10,632 miles. 360-ci V8, 4-bbl, auto. They just don't get much worse. Faded paint, rust shows throughout. Brightwork growing scale in places, rust in others. Good glass, some gaskets and window felts missing. Redone interior uses incorrect materials, horn center is broken and cloth, faded carpet, good dash. Cond: 3-. SOLD AT $1,944. A good buy at under $2k, but who cares? Mustang IIs continue to be the unloved stepchildren of the big Mustangs that came before and after. Buy it and drive it, or buy it and wait for a day of appreciation that may never come. #3404-1989 PONTIAC FIREBIRD and on the floor. Underhood shows dozens of cracked nuts from recent squirrel tenants. Cond: 4-. SOLD AT $5,940. If you're looking for this car in the auction results, you'll have to search under Plymouth Sport Fury Convertible, because that's how it was listed. It wasn't a Sport Fury, it wasn't a convertible, and wasn't much of a car to boot. Sold price was market-correct. #4050-1974 OLDSMOBILE DELTA 88 Hurst Olds Pace Car replica convertible. S/N 3N67K4M270163. White/white vinyl/ black vinyl. Odo: 33,233 miles. Decent older repaint with some light rust bubbles showing. Older top is worn through at the edges. Some of the brightwork is good, some rusty. Good glass, gaskets dry but still OK. Front seat vinyl split, older carpets faded. Sign on steering wheel reads “no start, no brakes.” Cond: 4-. SOLD AT $5,616. The pace car for 1974 was Trans Am GTA/SE Pace Car coupe. S/N 1GFW2173KL225375. White/glass t-tops/tan cloth. Odo: 40,891 miles. Good paint with a few light scratches. Aftermarket tinted glass, screaming chicken and “20th anniversary” etched into T-tops. Some blackout trim fading, S/N 8F03Y265162. Yellow & black stripes/ black& white houndstooth. Odo: 15,113 miles. Good repaint shows some chips and scratches. Claimed to be an original miles car. Good brightwork and trim. Painted mag-style wheels show visible rust. Decent interior, good vinyl some chipped. Decent interior shows very light wear to the seats. Nice dash and console. Cond: 3-. SOLD AT $15,660. Easily the hands-down winner for the car with the most factory descriptors. This Pace Car/Trans-Am/GTA is almost a parody of limited edition specials. That said, this was a very good buy, and it's one of the better usable long-term investments in American iron.u January 2007 95

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Bonhams Chichester, U.K. Column Author Goodwood Revival Those who thought old competition cars would be a turn-off for the main collector market had to eat their catalogs as well as their gloomy predictions Company Bonhams Date September 1, 2006 Location Chichester, Sussex, U.K. Auctioneer Robert Brooks Automotive lots sold / offered 40 / 46 Sales rate 87% Sales total $7,342,619 High sale 1974 Gulf Mirage-Cosworth GR8 Endurance Sports Racer, sold at $704,850 Buyer's premium The 1947 Frazer Nash-BMW 328 made $474,345 Report and photos by Richard Hudson-Evans Market opinions in italics O Chichester, U.K. nce again, the dispersal of a major cache boosted Bonhams's results at their annual Goodwood Revival race weekend fixture. The latest batch consisted mainly of historic racers from the Rosso Bianco Collection amassed by Peter Kaus at Aschaffenburg, Germany. Those pundits from rival firms who thought old competition cars would be a turn-off for the main collector market had to eat their catalogs along with their gloomy predictions. As some truly bullish results confirm, clearly the Goodwood crowd had been perfectly targeted by the auctioneers, and both their 87% hit rate and the $7.3m gross achieved are unlikely to be bettered on this side of the big pond in 2006. Such was the potential afforded by the occasion and the retro-race stock on offer that Chairman Robert Brooks himself wielded the gavel. Even though all the Rosso Bianco cars required full mechanical recommissioning following many static years of museum display, the Bonhams chief was rewarded with some impressive prices from a packed tent. With an unbeatable five Le Mans showings in period on file, the 1974 Gulf Mirage-Cosworth, #802, flew to more than twice the top estimate at $704,850 from one of a dozen serious bidders. Only just behind the open Sports-Prototype, the Mecom Racing-campaigned 1963 Lola-Chevrolet Mk 6 GT sold for $694,373—double its high estimate of $342,900. Among several other strong performers, a 1959-dated Lister-Jaguar with Frank Costin-penned aerodynamic 96 15% on the first $57,150, 10% thereafter, included in sold prices (£1 = $1.905) bodywork raised a way-over-forecast $275,273. The Salvadori-driven 1964 Cooper Monaco Maserati V8 also did well, raising $317,183. The finned Lotus-Bristol Mk X racer attracted $180,975. And despite being disadvantaged by having absolutely no race history on record, a 1957 Lotus-Climax Mk XI Sports and a 1970 Chevron-Ford B16 racer made $152,895 and $145,352, respectively. Non-collection results were headed by the 1939-built BMW 328 chassis completed in 1947 by AFN Frazer Nash for first owner Dickie Stoop. Well detailed following a full restoration, the stylish roadster sold for $474,345. A Campari-, Lurani-, and Berrone-raced 1933 Maserati 2-liter GP Monoposto was subject to a $457,200 after-sale, and a sharper-than-new 1931 Bentley Le Mans replica tourer from a deceased estate raised $401,003. Daytona prices continue to rise by the sale, and $271,282 was available for a 1973 365 GTB/4—number 167 of only 199 cars to have been produced by Ferrari in right-hand drive. The last home-market 1954 XK 120 SE drophead coupe made by the recently-closed Jaguar Browns Lane factory changed hands for $74,105. And a genuine and restored 1954 Sunbeam Alpine roadster raised $37,243, while an unofficial Harrington Tiger deserved its $28,480. Indeed, after more than half the stock on offer had been sold for more than their high estimates—sometimes for considerably more—many of the latest valuations established under the canvas in a field across the road from Lord March's historic racing circuit were decidedly bullish.u Sports Car Market

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Bonhams Chichester, U.K. ENGLISH #215-1931 BENTLEY 4/8-LITER Le Mans replica tourer. S/N VA4076. British Racing Green/black canvas/green leather. RHD. Odo: 1,084 miles. As a 4-liter sedan, first took to road carrying Gurney Nutting coachwork. Gained current fabric-covered bodywork during transformation into an 8Liter Le Mans replica. Leaf springs bound in OH1837. British Racing Green/black canvas/ red leather. RHD. Odo: 9,784 miles. Supplied as a normally-aspirated low chassis. Cozette supercharger upgrade by works, finished 15th at the 1939 RAC Rally. Full resto during the 1990s, mileage displayed since then. Peter Kaus from the Blackhawk Collection in 1988. Cataloged as currently being of 3 1/2rather than 2 1/2-liter capacity. Even after 18 years of museum display, still mint above and below. Chassis, leaf springs, and brake drums color coordinated cord, hood frame varnish highly polished. Nice goodies include Carl Zeiss headlamps, Bosch klaxon, AT 1–120 mph speedo, 0–4400 rpm tach, and broad fishtail exhaust. Cond: 1. SOLD AT $401,003. Despite some purists passing this one by for being inauthentic and far too modern, the required money was rightly forthcoming due to the truly excellent condition. #223-1932 LAGONDA 2-LITER Supercharged tourer. S/N OH10088. Eng. # Cosmetically still sharp, paint and chrome virtually unmarked. Leather only lightly worn, engine and all ancillaries well detailed. Cond: 1. SOLD AT $153,734. With some minor period history, this well-presented blower Lagonda fully deserved the top estimate of $104,775, as well as the $49,000 more paid here. Incidentally, this price was nearly $60,000 more than when it crossed the block at H&H a few years ago. #244-1938 JAGUAR SS 100 3 1/2-Liter roadster. S/N 39002. Eng. # M501E. Red/ black canvas/black leather. RHD. Odo: 922 miles. One of only 49 exports, delivered new to New York. Later owned and restored by Don E Williams in California. Acquired by all in body color. Fender shape a little strange, engine well detailed, interior apparently unused. Cond: 1. SOLD AT $296,228. Although far too bright and shiny for some of the older Tweedies in the tent, this trailer queen must have impressed more than one bidder until the gavel determined ownership at $67,628 more than the $228,600 top estimate—a figure which some SS sages had been predicting was likely to be wildly optimistic. #216-1954 JAGUAR XK 120 SE drophead coupe. S/N S667294. Eng. # F38788S. Red/ black canvas/black leather. RHD. Odo: 4,172 miles. Last example of 294 built, all numbers match. Full restoration in recent years, dry stored since 1996. Chassis sound, all panels January 2007 97

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Bonhams Chichester, U.K. Column Author likely to be competitive, this genuinely historic example of Cooper's coveted rear-engined sports-racer sufficiently drove the new owner to part with mid-estimate money—generous in view of the cataloged uncertainties over engine and transmission specs fitted. #240-1959 LISTER-JAGUAR COSTIN nicely painted with good fit. Chrome sharp, engine bay clean and tidy, refurbished wood excellent, leather only slightly worn. Cond: 1-. SOLD AT $74,105. In much sharper condition that most of the Kaus cars from the Rosso Bianco Collection, this drophead was heavily viewed. This model is arguably the most desirable of the 120 options. With an SE-spec motor and the fact that it was the very last example made, $13,145 over the high estimate of $60,960 should not have been a surprise. #237-1954 SUNBEAM ALPINE roadster. S/N A3014799LRX. Eng. # A3014799. Alpine Mist metallic/red leather. RHD. Odo: 8,478 miles. Repatriated from the U.S. in rust-free form in the 1990s, converted to RHD during total resto in 2000. More robust Hillman Hunter overdrive-equipped gearbox with floor-shift, engine rebuild with unleaded gas conversion. Panels and fit still perfect, paint and chrome shiny with minor marks, leather lightly sat-in. Hood, sidescreens, and tonneau Engineering chassis plate on right front of chassis. Older resto, paint now flat. Wrap-around driver-only windshield, ye olde Vic Derrington alloy intake manifolds. Cond: 2-. SOLD AT $152,895. Generously investing $48,000 over the high estimate of $104,775, the successful bidder was clearly not concerned that his acquisition appeared to be without history on sale day. However, the buyer may have known exactly what he was buying. #228-1959 COOPER-CLIMAX MONACO all new. Several concours awards. Cond: 1. SOLD AT $37,243. This had to be one of the nicest examples of the Ray Loewy-styled roadster to cross the block recently. More than $3,000 over the high estimate of $28,575 was paid by a fortunate new owner. While some purists may dismiss all retro-mods as out of hand, I feel the box and shift upgrades carried out here have only enhanced the appeal of this particular car. #209-1955 LOTUS-BRISTOL Mk X racer. S/N MKVIII108. Valspar Green/black. RHD. Fresh basic repaint. Extraordinarily original, especially cockpit. Trunk contains gas tank and inboard-mounted discs flanking rear diff. Originally powered by a Connaught 2liter four when raced in the 1955 Targa Florio. Gained current triple Solex-fed Bristol six in 1984. Mainly static in Rosso Bianco Collection for 22 years. Cond: 3+. SOLD AT $180,975. Even without the original Connaught C16 motor, this Targa vet from Colin Chapman's drawing board certainly had something going 98 cosmetic makeover, stars to fiberglass beneath blemished paint, cockpit aluminum in need of shine, mechanical items dull. Cond: 2-. SOLD AT $212,408. Attractive, useable, and still body re-worked into 289 shape by Jensen craftsman. Nose impact-split, woodrim wheel ring-scuffed, one rear over-rider rusty. Cond: 2. NOT SOLD AT $161,925. Even though the colorful history of this Ace/Cobra conversion had been fully charted by Bonhams and their seller, the $170,000 sought was unachievable. This interesting one-off might have benefited Sports Car Market racer. S/N CM759. Eng. # FPF1180. Dark blue/black. RHD. First raced by Texan oilman Hap Sharp. Sid Hoole resto in the early 1980s, acquired by Kaus in 1984. Unclear whether engine currently fitted is an original-capacity 2.7 or 2.0 as was in 1984, and whether gearbox is correct 5-speed or Cooper ERSA Citroën-based 4-speed, as listed in 1984 HSCC papers. Whole car now in need of full triple Webers, Dunlop knock-off mag-alloys genuine, woodrim much gripped, driver's side plywood flooring very DIY. 1989 Inter-Marque Challenge race stickers, few events in recent seasons. Cond: 2-. SOLD AT $275,273. In paying nearly $85,000 over the high estimate of $190,500, the new owner was clearly unconcerned about doubts relating to the early history of this aero-bodied Lister. Once granted new papers and in the right hands, it could be a potential front-runner in the most competitive Historic race categories. #247-1960 AC ACE/COBRA 289 Mk III roadster. S/N AE1138. Dark blue/black leather. RHD. Odo: 1,043 miles. Started life as Bristol-powered Ace daily driver, minor competition history post-1965. Broken crank resolved by Triumph 2000 six transplant, huge Silverstone race shunt in 1969. AC supplied drawings for Ken Nichols to fabricate current Mk III chassis. Ex-racer Ford 289 5-bolt V8, and T10 Toploader fitted, original for it. Competing bidders here thought so, too, with the winner giving it $76k above the high estimate. #208-1957 LOTUS-CLIMAX ELEVEN S2 racer. S/N MK11225. Eng. # FWA40020. British Racing Green & yellow/red vinyl. RHD. 1 of 270 Elevens. Believed genuine, though without any charted provenance preRosso Bianco display. Serial number stamped in non-standard place in cockpit, original Lotus Aerodynamic racer. S/N BHL259. British Racing Green & yellow/black leather. RHD. Purporting to be ex-works 1959 Le Mans, retiring 9th hour when 4th, mainly Ivor Bueb driven. Joined Rosso Bianco Collection in the early 1980s. Old resto, panels in reasonable order, old repaint unmarked but flat, cockpit clean. D-type wide-angle dry-sump motor with

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Bonhams Chichester, U.K. Column Author from a repaint, new chrome and a retrim. Surely more desirable than any Cobra replica, and should be worth considerably more than any Mk IV. #221-1961 COOPER-CLIMAX T53 “Lowline” Intercontinental racer. S/N N/A. Peacock Blue/black leather. Claimed to have been rebuilt from some components originally used in the ex-works/Tommy Atkins-entered T62 “Lowline” driven by Bruce McLaren in the 1961 Intercontinental Formula events in U.K. Chassis renewed, current Tasman 2.75-liter Coventry-Climax FPF fitted. Last retro-raced six years ago, minor event wear, bubbling under birdcage mesh. Non-running, in need of full mechanical recommissioning before any retro-action. Cond: 3+. SOLD AT $317,183. With lots of potential for securing entries at all the top historic race meetings, it should be no surprise that this pre-CanAm era big banger—an Anglo-Italian “King Cobra” no less—should generate $80,000 more than the $238,125 forecast. #202-1965 JAGUAR XKE SI 4.2 coupe. Junior with a Ford motor, and later fitted with a Chevrolet V8. Raced by Augie Pabst and Walt Hansgen, crashed at Riverside, eventually rebuilt by Tom Frederick. Part of Rosso Bianco Collection since 1988. Cosmetically still sharp, paint clean, alloys scruffy. Spartan race-spec interior in good shape. Mecom Racing Team decals, 2000 Goodwood Festival of Speed stickers. Cond: 2. SOLD AT $694,373. A potentially competitive retro racer and concours star of historic significance, this car's performance under the hammer more than doubled the high estimate of $342,900. #212-1963 LOTUS 23B racer. S/N 23S50. below paint in places. Mechanical items clean, though in need of recommissioning before returning to the track. Cond: 2-. SOLD AT $103,442. Cooper single-seaters, even those with significant and continuous history, never seem to do very well at auction. With a modest pre-sale forecast, this built-from-bits example actually performed well, selling for more than the top estimate of $95,250. #206-1963 SUNBEAM ALPINE coupe. S/N B92053100DHRO. Eng. # 4844-F21KA. Golden sand metallic/black leather. RHD. Odo: 38,111 miles. Current V8 and transmission installed during 1982 restoration. Harrington trademark grille, gold painted alloy centers, Good panel fit, unmarked paintwork, nice chrome. Driver's side leather lightly worn, Eng. # 70M6015A. Lotus Green/black vinyl. RHD. 1980s resto still looks extremely fresh. Ed Wyss Engineering of Zurich plaque displayed in cockpit. Cosmetically spotless above and below unmarked panels. Twin-cam motor and Hewland transmission casings, nuts, and Headliner and carpets replaced, original interior leather sound. Engine bay clean. Cond: 2+. SOLD AT $37,243. Provided transport all over the continental mainland from 1965–1970 for Denis “Jenks” Jenkinson, celeb scribe for MotorSport magazine. Mid-estimate valuation was correct for a coupe in this condition, although the early Jenks history should have counted for more. #218-1965 MCLAREN-CHEVROLET bolts all mint. Cond: 1. SOLD AT $78,296. The mid-estimate price paid was correct for this super sharp example of a 23B in as-new condition. However, if some period competition history had been on file, it would have fared even better under the hammer. #224-1964 COOPER-MASERATI TYPE other seats seemingly unused. Engine clean. Cond: 2+. SOLD AT $28,480. One of approximately 200 Alpine fastback conversions produced by Harrington, though none were officially carried to Tigers. For those interested, this one provided an instant fix. Due to its rarity and condition, it brought a full $5,600 over the high estimate of $22,860. #211-1963 LOLA-CHEVROLET Mk 6 GT racer. S/N LGT2. Blue & white/black leather. RHD. Sold by Lola's Eric Broadley to Houston oil tycoon and entrant John W. Mecom 100 huge steering wheel by modern standards, roll bar without brace, unfiltered intake trumpets 61(M) Mk V racer. S/N 151010. Eng. # 151010. British Racing Green & orange/black leather. RHD. Likely to have been assembled from Cooper parts with a Maserati Tipo 151 V8. Driven in-period by Roy Salvadori, acquired by Peter Kaus in 1980, museumdisplayed since. Old repaint with orange peel, unnervingly prominent. Cond: 2+. SOLD AT $243,840. Like most of the other Rosso Bianco cars, this tube-framed McLaren will require a mechanical makeover before taking to the track again. Even so, $15,240 more than the high estimate of $228,600 was forthcoming. Once on-the-button again, it will be worth much more. #238-1965 LOTUS-FORD TYPE 30/40 Group 7 racer. S/N 30S28. Apple Green & yellow/black vinyl. RHD. Either S I upgraded Sports Car Market M1A racer. S/N 2010. Black & silver/black. RHD. One of 24 M1As, first supplied to U.S. privateer George Wintersteen, a Canadian resident until 1979. Rebuilt in the U.S., joined Peter Kaus cache in 1986. Alloys badly corroded, tires slowly deflating in sale tent. Spare wheel directly in front of driver S/N 1E30732. Eng. # 7E28968. Red/black leather. RHD. Odo: 38,958 miles. Originally LHD, converted to RHD. Coopercraft restoration in 1999, front disc brakes upgraded and Konis fitted, few miles covered since. Repaint still glossy, few chips, chrome slightly marked.

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Bonhams Chichester, U.K. to S II-spec or replaced by S II chassis in 1965 when raced by Vic Wilson in the U.K. Unlikely to have been refurbished or exercised since the last track session in 1985. Paint marks, cockpit used-looking, leather-covered steering wheel rim worn. Mechanical items in need of attention and full recommissioning. “Lotus Cheshunt Hertfordshire England” chassis plate possibly original. Cond: 3+. SOLD AT $201,930. Considering the Type 30/40 and SI/SII upgrading and relatively minor U.K. race provenance, the money paid here was a little strong. As the sale of the Rosso Bianco comp cars drew to a close, the opportunities to land one became fewer, and the prices rose accordingly. #227-1966 LOLA-CHEVROLET T70 MK III Group 7 CanAm racer. S/N SL73128. White & red/black. RHD. One of two lightweight Mk III chassis supplied to Carl Haas for drivers Chuck Parsons & Skip Scott, later raced by U.S. privateer Bob Nagel, then with T70 III coupe body by Nigel Hulme before acquisition by Kaus, who funded return to spider bodywork. Museum displayed since rebuild. Still externally good, paint only minor marked, Goodyear Eagles much used, Moroso valve covers, quartet of Weber trumpets. Steering wheel with ancient “Think Fast” reminder. Cond: 2. SOLD AT $254,318. Neither the absence of any physical chassis ID nor the fact that full mechanical, hydraulic, and electrical recommissioning would be required before driving seemed to deter the buyer, and mid-estimate money was forthcoming for this sports-racer with U.S. race history. #231-1967 MCLAREN-CHEVROLET M1C racer. S/N 4012. Red & bare aluminium/black leather & fiberglass. RHD. Original U.S. market car. Acquired from dealers Chuck Haines and Tom Fredericks without engine in the 1980s, full restoration funded by Pink Floyd drummer Nick Mason. Historically raced before 21 years of display in Kaus's collection. Still externally sharp, slightly marked paint. Cockpit clean with “Rebuilt by John Dabb Northdown Racing” plaque on dash, fire system. High-rise intake trumpets above clean small-block Chevy V8. Cond: 2+. NOT SOLD AT $180,975. One of only two exhibits from the Rosso Bianco Collection that failed to hook a buyer. Surprising, since it was a nice example of what is generally reckoned to be the ultimate tube-framed member of the McLaren CanAm family—albeit minus the original engine and devoid of any significant period history. #242-1968 AC 428 convertible. S/N 7A301. Black/black canvas/black leather. RHD. Odo: 4,362 miles. Cobra Mk III coil-suspended chassis. U.K. resident until the 1990s, then German January 2007 101

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Bonhams Chichester, U.K. Column Author SOLD AT $65,723. Although the competition on file was unexceptional, this was an excellent example of one of the most successful production single-seaters of all time, and it warranted the near high estimate price paid. #220-1985 JAGUAR XK C-TYPE replica owned. Mileage displayed most likely since full resto. Mechanically recommisioned earlier this year. Paint still shiny, chrome clean with few marks, some rust to steelwork below carpets, retrimmed interior little used, rebuilt engine presents well. Cond: 2+. SOLD AT $78,296. This Italian-styled Anglo-American in black on Wolfrace alloys certainly looked chic enough, and it pulled strongly to sell for $11,621 more than the $66,675 forecast. Whether of the 51 coupe or 29 open-top variety, all 428s were elegant and underrated, and all of them can only appreciate further from here. Following the trend set by this one, they are likely to do so regardless of condition. #232-1969 LOLA-CHEVROLET T70GT Mk IIIB Group 4 racer. S/N SL7137. Eng. # 38581. Blue metallic/black leather. RHD. Supplied as an open-cockpit T70 to John Mecom, may have been raced by Mario Andretti. Owned by actor Dan Hagerty and converted to current street-legal coupe spec. To accommodate Grizzly Adams' substantial figure, cockpit widened 8 inches. Some rebuilding by Tom Fredericks before Kaus acquisition in 1985, repainted since with copper-anodized wheels and suspension. Requires full recommissioning. Cond: 2+. SOLD AT $233,363. This was a really strange one, but still collectible. The price paid was clearly warranted and was close to the high estimate of $238,125. One can't help wonder what might happen to SL7137 next. Will it gather dust in some static setting, or will it take to the track again, perhaps without its current bodywork? #205-1970 CHEVRON-FORD B16 racer. S/N N/A. Red/black. RHD. No ID plates or stamps to be seen. Like most B16s, most likely originally bodied as a spider. Cosworth-Ford FVC 1.8-liter fitted, rather than FVA 1.6 or 2.0 BMW Mazda alternatives. Unlikely to have seen any action since older restoration. Some museum wear, alloys matte, harnesses dirty. Cond: 3+. SOLD AT $145,352. This stunning coupe version of a B16 is generally reckoned 102 Harley Cluxton in 1987. Repaint in Gulf blue with some chips, cockpit scruffy after being subjected to five Le Mans 24-hour epics, including 3rd in 1975 and 2nd in 1976. Dash and instruments authentic. Engine, transmission, and suspension not detailed but clean. Side roundels illuminated by Lucas license plate lamps. Cond: 3+. SOLD AT $704,850. Highly original, unspoiled, and with exceptional Le Mans history, this very charismatic Gulf-Mirage had all the ingredients needed for an excellent performance. Here it brought more than twice the high estimate of $285,750. Being a practical proposition to run in Historic sports prototypes and a potential race winner, chassis 802 is only likely to appreciate further. #226-1974 MARCH-FORD TYPE 742 Formula 2 racer. S/N 74213. Dark & light blue/aluminum. Supplied new to Maublanc Racing for French driver Jimmy Mieusset to tackle the 1974 European Mountain Championship. Elf livery same as Patrick to be the most desirable of Derek Bennett's designs. For a mystery example with no charted period race history, the price paid for this car was impressive. #222-1974 GULF MIRAGE-COSWORTH GR8 Endurance racer. S/N 802. Eng. # DFV941. Light Gulf Blue & orange/black vinyl. RHD. Gulf Research Racing team car, joined the Peter Kaus Collection directly from roadster. S/N 726164DN. Eng. # G7228-8S. Medium-blue metallic/gray leather. RHD. Odo: 14,333 miles. Constructed by Brian Wingfield with a tubular spaceframe chassis, exactly replicated aluminum bodywork, and 140SE 3.4-liter motor 20 years ago. Removable roll-over bar ingenious, occasional competition use. Genuine mileage displayed since build, minor scuffs and dings to panels. Paint chipped in front and no longer shiny overall. Interior shows a nice patina. Cond: 2-. SOLD AT $128,588. Considering the tired-looking condition of this car, mid-estimate money seems over-generous. However, a slightly less worn (and less desirable) Proteus-crafted Ctype replica recently changed hands here for $76,200, and a brace of Wingfield Cs currently have asking prices of $190,000 plus. FRENCH #219-1937 TALBOT 105/110 3.4-liter roadster. S/N N/A. British Racing Green/beige canvas tonneau/green leather. RHD. Odo: 7,779 miles. Started life as B1 105 Sedan. Rebodied with current slightly awkward-looking tail treatment. Open bodywork added in mid1970s when it gained a BG 110 motor. Engine and transmission rebuilt by Talbot specialists Depailler's sister F2. Full resto more recently, only minor stone chips to shovel-nose paint. Suspension polished, mechanical items wellpresented, likely ready to race. Cond: 2+. Archers, with higher-ratio final drive. Paint chipped, fabric tidy, chrome marked, interior restored. Cond: 2. SOLD AT $83,744. The price paid was due to competition between live bidders—both of whom wanted to land the lot more than the car itself, which will always be a one-off conversion. #241-1939 TALBOT-LAGO T150C 4-liter Competition replica roadster. S/N 90086. Eng. # 85142. French Racing Blue/tan Sports Car Market

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Bonhams Chichester, U.K. Column Author leather. RHD. Odo: 4,991 miles. Acquired as matching-numbers rolling LWB chassis in 1990. Chassis shortened, both front and rear tracks reduced, 1937 French GP winner's body faithfully copied, hydraulic brakes and chokes for carbs fitted during build. Engine and preselector box recently rebuilt. Touched-up WWII. Supplied to RAF fighter pilot Dickie Stoop, who commissioned current aerodynamic bodywork. Aircraft-type bonnet clips and flush-capped gas filler in tail. Stoop and stone chips on nose, some body panels drilled and wired like a Bug, pedals drilled for lightness, old stickers in cockpit. Cond: 2. SOLD AT $256,413. Despite being a replica, this pre-WWII Talbot-Lago has been sufficiently convincing to race organizers and scrutineers to gain admission to prestigious events at Le Mans, Spa, Silverstone, Donington, Shelsley Walsh, and Prescott. Overall look was really racey, with lots of louvres and hood straps. Seemingly on the button, it was fairly valued at just under the low estimate of $266,700. #246-2001 BUGATTI TYPE 55 2.3-liter Jean Bugatti replica roadster. S/N B50034. Eng. # 22. Red & black/brown leather. RHD. Odo: 57 miles. Argentinian-built by SouthTrading. Dimensionally extremely authentic. Many mechanical bits French-sourced, including front axle, steering box and gears, hubs, springs and shocks, crown wheel and pinion, and some gearbox parts. Cosmetically tidy with few marks to paint, though radiator surround car finished 12th in 1949 Spa 24-hour; acquired by Rosso Bianco Collection at London auction in 1988. Full resto to concours standard at some time, still mint, paint and brightwork unmarked, cockpit as new, engine spotless. Cond: 1. SOLD AT $474,345. A sensational looking motor car. Eligibility for pre-WWII category VSCC events and some serious genuine competition history explains why it raised more than double the high estimate of $210k. ITALIAN #233-1933 MASERATI GP Monoposto racer. S/N 2011. Red/beige cord. Campari, Lurani, and Berrone raced pre-WWII. Monza and Beaulieu museum exhibit, auctioned at Earls Court London in 1983. Joined Sherman Wolf collection in Massachusetts, with DK Engineering restoration in 1983. Became U.S. vintage race regular, Goodwood raced 2006. Presents well, with few chips to paint, seat cord At $42,681 more than the $228,600 forecast, this was a mega-result. However, we are talking 4-cam Daytona—a solidly appreciating asset of late—and a particularly nice RHD example as well. #235-1975 FERRARI 365GT/4 BB coupe. S/N 18685. Eng. # 367. Red & black/beige & black leather. RHD. Odo: 39,578 miles. Number 372 of 387 built. 1975 London Motor Show exhibited, 9-inch rear wheel option. Colorchanged from original Rosso Cordoba metallic. Much mechanical detailing, full retrim. Cam belts renewed in 2005. Repaint unmarked, leather only lightly worn. Engine clean. Cond: 2+. SOLD AT $82,487. While the non-original color may have been a turn-off for some, the model-appropriate ‘BOX 365' registration may have helped this Motor Show stand car achieve mid-estimate money. Correctly valued. AMERICAN #234-1965 SHELBY GT350 replica fast- dull and front axle paint scruffy. Engine nicely detailed without being over the top. Cond: 1-. SOLD AT $266,700. In front of such a predominantly purist crowd, one would think that this JB roadster copy, however well executed, would have bombed. Although not sold under the hammer, an after-deal was swiftly negotiated for mid-estimate money. A generous result for any Bug replica. GERMAN #245-1939 FRAZER NASH-BMW 328 roadster. S/N 85427. Old English White/green leather. RHD. Odo: 473 miles. First came to the U.K. in German-made rolling chassis form in 1939, remained in storage until post- 104 soiled, and good leather bonnet strap. Exhaust paint in need of some attention, mechanical items clean. Cond: 1-. SOLD AT $457,200. Last seen at Bonhams's Carmel sale in August of '04, where it sold for $346,000 (SCM# 34741). Although unsold here under Robert Brooks' gavel, an after sale at the low estimate was speedily negotiated. The value will rise in the future, so I consider it well bought. #239-1973 FERRARI 365GTB/4 Daytona coupe. S/N 16713. Eng. # 16713. Red/tan leather. RHD. Odo: 37,053 miles. Number 1091 of 1294 built. Driven from the factory to the U.K. by first owner. Retrim in 1998, tires replaced in 2002. Repaint, carpets, and 9-inch rear alloys replaced, motor removed for detailing. Cosmetically still extremely sharp, panels sound, fit consistent, paint chip-free, brightwork good. Beautiful interior, engine bay presents well. Cond: 1-. SOLD AT $271,282. Hurst shifter, Trac-Loc diff, 3.50 gear ratio, clean Torq-Thrust D wheels and BF Goodrich TA radials. New trim, Shelby dash-mounted tach. Cond: 1-. SOLD AT $66,770. Although we don't see too many genuine Shelby GT350s on this side of the pond, both the spec and the condition of this well-executed Mustang project justified the new owner's slightly over high estimate payment.u Sports Car Market back. S/N 5R09T163186. Wimbledon White & blue/black leather. Odo: 19,334 miles. 1965 California-built Mustang fastback converted to a GT350 replica in 2005. Most panels still original, door sills replaced. Paint and brightwork unmarked. Various mods to spotless engine.

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Carlisle Events Carlisle, PA Column Author Fall Carlisle Collector Car Auction $54,000 wasn't enough for a '69 GTX with full documentation and a framed Chrysler Corporation coffee cup found under the carpet Company Carlisle Events Date September 29, 2006 Location Carlisle, PA Auctioneer Jim Landis, Jeff Knosp Automotive lots sold / offered 87 / 248 Sales rate 35% Sales total $1,680,641 High sale 1957 Chevrolet Bel Air, sold at $81,900 Buyer's premium This 1968 Camaro SS stalled at $38k, a not uncommon occurence this weekend Report and photos by Joe Severns Market opinions in italics C Carlisle, PA arlisle Events held its first event in 1974, and has since grown into an automotive hobby standard. Twice a year, the small town in Pennsylvania plays host to one of the largest shows, sales, and swap meets in the country. More than 100,000 visitors flock to the grounds for the event, and there is always something to suit all tastes. Sports and collectible car fanatics aren't left out, with all sorts of examples ranging from Ferraris to Packards for sale or on display. The fairgrounds have been more or less customized for the event, with paved roads and permanent buildings giving a more fluid feel than what one generally finds at regional shows. Held at the 30,000-square-foot Expo Center adjacent to the Carlisle Fairgrounds, the auction provided a less cacophonous area than the swap meet just a few blocks away. The center was filled with some of the more valuable and well-known examples, and it was popular with spectators due to the morning rain that kept most of the cars outside under tarps. In the spring of 2006, the first Carlisle Collector Car Auction brought nearly $3m, with 46% sold. Only a few months later, this event was far less successful, and Carlisle Events CEO John Detrick ascribed the lower than expected results to an “uncertain economy and a hobby that is going through a cool period.” While true, it's also safe to say that unrealistic reserves on some of the cars had a lot to do with the final figures. Despite the weather, there were many people willing to bid on the lots offered. Some of the most notable sales of the day included a freshly restored 1969 Pontiac Firebird convertible sold at $30,975. A 1987 Porsche 930 sold at a full $45,525, and was only in need of a cleaning to be excellent. A better-than-new 1966 Corvette convertible brought an impressive $78,225, and was perhaps the nicest car at the sale. Plenty of cars made the no-sale list, and chief among them was a 1940 Ford Street rod that failed to sell at $50,000. It was nice inside and out, but it's doubtful the owner will find more money elsewhere. A 1969 Ferrari 365 GT was bid up to $78,000, but failed to bring the $13,000 more required to sell. A 1969 Plymouth GTX didn't sell at $54,000, despite having full documentation and a framed Chrysler Corporation coffee cup that had been found under the carpet. Carlisle has forged a balance between being a car show, a full-sized swap meet, and an auction of close to 250 cars. It generates a lot of interest and provides revenue for the city of Carlisle, but this year's sale fell distantly short of the mark set last spring. Carlisle is optimistic and looking toward the future, with next spring's sale already planned and a number of cars in the pipeline. Hopefully there will be results to match the optimism.u 5% (included in sold prices) 106 Sports Car Market

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Carlisle Events Carlisle, PA ENGLISH #S245-1971 MG B convertible. S/N GHN5UB230741G. Red/black vinyl/black vinyl. Odo: 85,112 miles. Excellent paint shows some minor scratching. Replated chrome in good shape. Holes in roof patched with matching black duct tape. Luggage rack on trunk lid. trim perfect. Cond: 3. SOLD AT $14,700. This car appeared to have been well cared for, and though the price paid at first seemed steep, the money was warranted. These aren't yet collectible, and this one would have made a nice driver for someone. Nice glass and rubber trim. Cond: 3. SOLD AT $10,080. MGBs make one think of fall days with the top down in New England—and flagging down tow trucks due to faulty wiring. The price paid was on the low end of estimates, so the buyer got a bargain here. #S171-1992 JAGUAR XJS convertible. S/N SAJNW4846NC183611. Maroon/beige cloth/beige leather. Odo: 45,368 miles. Decent paint with some minor rock chips, excellent panel fit. Dirty top tonneau has bleach spots on passenger side. Rear bumper marked. Interior slightly dirty but in good order. Burled walnut GERMAN #S177-1986 PORSCHE 930 coupe. S/N N/A. Meteor Metallic Gray/black leather. Odo: 34,999 miles. Excellent panel fit, nice paint. Good blackout trim and rubber. Nice shock rubber fit out of whack. Interior leather nice, carpets dirty. Cond: 2-. NOT SOLD AT $51,000. Three-owner international car. Owned in the U.S. and France. The high bid was more than ample by at least $15k. I'm not sure what the seller was waiting for, but the money was plenty. glass, interior near perfect. Attractive Budnik wheels. All books, papers, and build sheets. A superior Euro-delivery car. Cond: 2+. NOT SOLD AT $54,000. One of the best looking 930s I've seen. It was a shame that the seller wanted so much money, as my Discover card's max is nowhere near $50k. A fantastic car with a very optimistic seller. The high bid was more than fair. #S176-1987 PORSCHE 930 Slantnose coupe. S/N WPOJBO930HS051512. Blue/ beige leather. Odo: 42,100 miles. Good panel fit. Original paint in relatively good shape. Decent blackout trim shows age, whale tail rubber slightly hard and cracked. Bumper

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Carlisle Events Carlisle, PA #S178-1987 PORSCHE 930 coupe. S/N Column Author N/A. Guards Red/Sand Beige. Odo: 24,873 miles. Paint blemish-free, panel gaps nice. Blackout trim fresh, whale tail rubber nice. Good glass, BBS wheels. Interior very dirty, but basically presentable. A claimed 10-point owner. Was bought by him in silver with blue velour interior. After an exhausting restoration and several trips to the Ferrari factory, he built it right. The high bid was short by at least $13k, and the seller was smart to hold out for more. AMERICAN #S152-1929 PACKARD 645 Deluxe Eight car at Barrett-Jackson. Cond: 2-. SOLD AT $45,525. Needed a good shampoo and that was about it. The B-J claim was a bit much, but there was some paperwork to back it up. The seller did well here, as this was big money for a 930 in this condition. #S169-1998 MERCEDES-BENZ SL500 convertible. S/N WDBFAG7F5WF166801. Gold/gold hardtop/tan leather. Odo: 69,731 miles. Excellent panel fit, good paint, nice trim. Interior slightly worn, but clean overall. dual cowl phaeton. S/N 0000170131. Gray & cream/black canvas/black leather. Odo: 8,681 miles. Antique Automobile Club of America car. Older respray and chrome in need of attention. Driver's door panel gaps wide, whitewalls yellowed. Black leather trunk has been recently dyed. Rear glass delaminating, interior restored to a high standard. Last seen at Worldwide's that sellers are calculating replacement costs rather than vehicle value when taking their cars to auction. How else can you explain this owner passing up $50 large for this street rod? #S210-1961 CHEVROLET IMPALA SS 2-dr hard top. S/N 11837T17510. Red/white leather & plaid cloth. Odo: 7,237 miles. 350-ci fuel-injected V8, auto. Decent panel fit, OK paint. Chrome scratched and hazy all over. Nicely detailed engine bay with late-model engine. Restoration shows age, but overall is Raleigh, NC sale in December '05 (SCM# 40038). Cond: 2. NOT SOLD AT $155,000. Seemingly the largest car ever, this dual cowl gem languished in two museums before coming to this auction. The restoration was completed to a good standard, but some elbow grease and wax would have done it wonders. It sold for $173k in Raleigh, so the seller was smart to hold on to it here. Glass in good shape, retractable top functions properly. New Pilot Sport tires. A well maintained and cared for Benz. Cond: 2-. SOLD AT $23,888. A great used roadster that will never die—mechanically or stylistically. Price paid was in line with pre-auction estimates. The seller and buyer both did well here. ITALIAN #F52-1969 FERRARI 365 GT 2+2. S/N 12633. Azzura Blue/beige leather. Odo: 67,397 miles. Described as a 15-year restoration. Panel fit good, decent non-original paint shows some swirl marks and cracking at C-pillar on passenger side. Good chrome with some minor marking, nice trim. Excellent leather interior Original license plates from '37. Cond: 3-. NOT SOLD AT $24,000. This phaeton looked to have been parked for years and quickly washed up for the auction. High bid was light, but with neglected problems that were easily fixable, I can understand why. #S146-1940 FORD DELUXE Street with clean carpets, nice glass, good center console. Cond: 2+. NOT SOLD AT $78,000. Repainted in the original hue by the current 108 Rod coupe. S/N 183236853A. Red & yellow flames/tan vinyl. Odo: 302 miles. 350-ci V8, 4-bbl, auto. Surprisingly good panel fit, excellent paint. Nice chrome and glass. A straight steel-bodied street rod with generic Chevrolet power. Custom interior well-presented. Cond: 2. NOT SOLD AT $50,000. Sometimes I think side. Driver-quality chrome, nice stainless trim. Interior original and almost as-new. Nice tinted glass. Cond: 3. NOT SOLD AT $11,000. This wagon turned lots of heads. High bid was low by the seller's standards, and with the eyeball on this beast, it was easy to see why. #F63-1964 CHEVROLET IMPALA SS 2-dr hard top. S/N 41447C107360. Maroon/ Sports Car Market #S256-1937 FORD DELUXE phaeton. S/N 0183469566. Tan/black cloth/brown vinyl. Odo: 52,593 miles. Good respray with unfortunate overspray on body gaskets and cowl. Chrome complete but dingy, rust behind headlights. Nice glass, dirty top. Excellent interior. still decent. Low-rider suspension, polished aluminum wheels. Sharp interior. Cond: 2-. NOT SOLD AT $40,000. Resto appears to be over ten years old. Smart owner hired a young man to pitch the car to the bidders, but it didn't help with the sale. Forty large for a low rider with decades-old parts and paint is as good as it will ever get. The seller would have been wise to take the money. #S193-1963 PONTIAC BONNEVILLE wagon. S/N 863KA45849. Blue/blue vinyl. Odo: 48,172 miles. Poor quality recent repaint shows runs and dirt. Good panel gaps, straight body. Front bumper slightly low on driver's

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Carlisle Events Carlisle, PA perfect with repro stickers. Cond: 1-. SOLD AT $36,225. A full ten-month rotisserie restoration. The chassis is cleaner than the roof. Originally a red on black car, the owner said he chose black due to its current popularity. Sold for a few thousand over the high estimate, but the restoration was worth it. Well done. #S180-1966 SHELBY COBRA replica black vinyl. Odo: 29,702 miles. 454-ci V8, 4-bbl, 4-sp. Old paint with plenty of orange peel. Wavy body, OK panel fit, passenger side fender creased. Chrome old, hazy, and dented at front end. Rear bumper pushed in at center. Interior shows well, with decent seat covers and carpet. Incorrect '65 console. Nice dash and gauges. Factory 409 car. Cond: 3. NOT SOLD AT $18,500. Why in the world would someone replace a factory 409 with a lowly 454? Ocean-like sides of the car really took away from the overall presentation, and without the 409, this bid was a gift. #S192-1964 OLDSMOBILE STARFIRE 2-dr hard top. S/N 864M219551. Blue/blue leather. Odo: 13,617 miles. Excellent paint with minor swirl marks. Superior chrome is either new or replated, panel fit near-perfect. Nice interior with clean blue leather seats and newer carpet. Good dash and gauges. A roadster. S/N AZ280653. Blue & white/black vinyl. Odo: 10,909 miles. 302-ci V8, 4-bbl, auto. Decent paint shows some chips and orange peel. Uneven panels with wide gaps. Discolored sidepipes, polished aluminum panel fit. Claimed rotisserie restoration falls short in places. Aftermarket tach hanging from dashboard. Chrome rusty at wing windows and at windshield header. Hood vent fit off. Newer top, clean interior. Cheap engine detailing and chrome. Cond: 3+. NOT SOLD AT $41,000. Signs on car read “look underneath,” and distracted bidders from problems up top. If this is the new rotisserie standard, then we have big problems. The high bid was more than enough considering the condition. #S183-1966 CHEVROLET NOVA SS 2- dr hard top. S/N 118376N155437. Red/black vinyl. Odo: 34,876 miles. 283-ci V8, 4-bbl, auto. Decent panel fit except high gaps at trunk lid. Good paint, cheap chrome is pitting. Engine nicely detailed with GM components. Interior knock-off wheels. Grant steering wheel, padded dash, and B&M shifter. Generally standard fare for a fiberglass replica. Cond: 3. NOT SOLD AT $39,000. A cheap knockoff of an icon. The B&M shifter looks horrible in this should-be-a-4-speed car. The high bid was an absolute gift. The seller should have hedged his bets and taken the money. #F1-1966 CHEVROLET CORVETTE convertible. S/N 194676S100355. Red/white vinyl/red leather. Odo: 374 miles. 327-ci 300-hp V8, 4-bbl, auto. Stunning paint, glass, chrome, and engine compartment. Body-off restoration to a very high standard. New convertible top, high-option car with radio reverb and power vent windows. Cond: 1-. NOT SOLD AT $32,550. Just under 14,000 Starfires were built in '64, and they're relatively rare in this condition. This one had lots of things to like. Owned by a collector, this car was excellent in almost all respects. Due to the condition and rarity, I have to call the result market-correct. #F59-1965 FORD MUSTANG fastback. S/N 5F09A356622. Black/white vinyl. Odo: 36,950 miles. 289-ci V8, 4-bbl, 4-sp. Panel fit excellent. Good paint shows some orange peel at driver's B-pillar. Scratches on driver's rear window base. Nice interior with wood wheel, non-original gauge cluster, and useable rear seats. Passenger side rear interior panel is discolored and needs replacement. Non-original fog lights and trumpets on exhaust. Engine bay in good order, with good vinyl seats. Solid overall. Cond: 2+. NOT SOLD AT $33,000. Overpriced, but a nice ride nonetheless. Novas have the '60s style, can fit in most garages, and still get relatively decent mileage. Even though this one was the right combination of colors, the high bid was all the money and then some. #S187-1966 FORD MUSTANG convert- ible. S/N 6T08C150451. Red/white vinyl/white vinyl. Odo: 1,225 miles. 289-ci V8, 2-bbl, auto. Superior paint shows no noticeable issues. Panel fit better than Detroit standards, body in excellent condition. Top notch chrome, good stainless trim. Spotless interior with a nice factory hard top, aluminum knock-off wheels. Interior perfect in all respects. Hard to fault. Cond: 1+. SOLD AT $78,225. As good as it gets. This sold for nearly $10k over the high estimate. The price here may have been high, but the value will increase with time, and the new owner will more than make up the difference. Well sold, well bought. #S182-1966 CHEVROLET CHEVELLE SS convertible. S/N 138676B160597. Red/ black vinyl/black vinyl. Odo: 26,146 miles. 396-ci V8, 4-bbl, 4-sp. Decent paint, crooked wooden steering wheel and good fake wood accents. Cond: 1. SOLD AT $42,000. Sold at the high estimate, and this one was worth every penny. It seems hard to justify these kinds of prices until one sees a car like this in person. The seller did well here, and the buyer paid a fair price. #S167-1968 CHEVROLET CORVETTE convertible. S/N 194678S409646. Yellow/ black vinyl/black leather. Odo: 78,909 miles. 327-ci 350-hp V8, 4-bbl, 4-sp. Horrible panel fit. Paint bubbling and crazing on most surfaces, completely rubbed through to primer January 2007 109

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Carlisle Events Carlisle, PA Column Author great, but it looked good as-was. The price was smack dab in the middle of the $25k–$35k estimate, and with appreciation now around 20%, the buyer did well. #F80-1969 CHEVROLET CAMARO on driver's side door. Chrome and trim show a few minor marks, driver's door handle broken. Interior presentable. Removable hard top. Cond: 4. NOT SOLD AT $21,000. New paint and good body work would help this immensely. As it sits, it's little more than a rough used car. The high bid was not even half of the low estimate, but the bidders were wise to stay away. #S159-1968 CHEVROLET CAMARO Z/28 RS coupe. S/N 124378N457820. Green & white/black vinyl/black vinyl. Odo: 70,557 miles. 302-ci V8, 4-bbl, 4-sp. Restored to a high standard. Excellent panel fit, paint shiny with no visible issues. Good chrome has slight scratches on center of rear bumper. Nice interior a cracked steering wheel. Desirable Muncie M22 Rock-Crusher, 4.10 gears. Cond: 2-. NOT SOLD AT $90,000. The pinnacle of Camaros with some hidden issues. The quick paint job barely covered a poor body, and even with the desirable options, it wasn't worth the big money being asked. $90k should have been enough, and the high bidder should be thankful he didn't get this bag of surprises. #S160-1969 CHEVROLET CAMARO has new seat covers, carpet, and door panels. Engine compartment stock except for K&N air filter. Cond: 1. NOT SOLD AT $37,000. An unusual color scheme and high options made this Camaro a winner, but the bidders didn't see it that way. This car deserved much better than the high bid offered, and the seller was wise to hang on to it. #S107-1969 PONTIAC FIREBIRD convertible. S/N 223679N111324. Blue/black vinyl/black vinyl. Odo: 96,874 miles. 400-ci V8, 4-bbl, auto. Claimed frame-off restoration. Fresh paint slightly orange peeled. Panel fit wide at hood, trunk, and passenger side door. Excellent chrome. New everything, including Boyd Coddington wheels and Baer Brakes. Yenko replica coupe. S/N 124379N690038. Daytona Yellow/black vinyl/black leather. Odo: 12 miles. 427-ci V8, 4-bbl, 4-sp. Good panel fit, excellent paint. NOS parts used all over. Claimed rotisserie restoration. Interior perfect with correct headrests. Goodyear Polyglas tires Z/28 RS coupe. S/N 124379N548991. White & black/black vinyl/black vinyl. 302-ci V8, 4-bbl, 4-sp. Thick paint has runs on hood and drip rails, orange peel on rear spoiler. Panel fit tight at trunk, decent elsewhere. Rear bumper chrome marked and wavy. OK interior with a new one for me. The claimed 400 miles since restoration were easy to believe, as the car showed almost no wear. The seller was holding out for more, but it may be a long wait, as Hemi cars are still where the big money is. #S201-1969 CHEVROLET CHEVELLE SS 2-dr hard top. S/N 13637984111501. Blue/white/black leather. Odo: 20,822 miles. 396-ci V8, 4-bbl, auto. Excellent fit and finish, great chrome. Nice paint, correct SS side stripes. Driver's side door fit loose, other panel gaps OK. Engine bay paint fresh and still de- gassing. Interior leather well done. Build sheet verifies all equipment. Cond: 1-. NOT SOLD AT $52,000. Last registered in 1973, this car was found in an old garage and was bought from the widow of the original owner. As nice as it was, this low-miles time-capsule Chevelle just couldn't bring the dollars it deserved. #S172-1970 PLYMOUTH ROAD RUNNER coupe. S/N RM21N0Z128096. Orange/tan vinyl. Odo: 64,039 miles. 383-ci V8, 4-bbl, auto. Passenger side quarter panel wavy with poor welds. Paint shows orange and correct Yenko decals complete the look. Cond: 2. NOT SOLD AT $70,000. A fake is a fake, but this was a nice fake. Replicating this car would be difficult to do at this price, but the seller was unrealistic to hold out for $100k. The high bid was plenty high, and the seller should have taken the deal. #S151-1969 PLYMOUTH GTX 2-dr Interior perfect, with factory a/c and an aftermarket stereo. Cond: 2+. SOLD AT $30,975. A $50k restoration of a nice poncho. Cost of the brakes and wheels alone must have pushed $10k. The paint needed color-sanding to be 110 hard top. S/N RS23L9G288733. Green & black/black vinyl/black vinyl. Odo: 68,000 miles. 440-ci V8, 4-bbl, 4-sp. Excellent restoration. Hood wavy at center, perfect bodywork elsewhere. Nice glass, chrome, and trim. New interior. All build sheets and broadcast sheet included, along with a framed Chrysler Corp. coffee cup found under the carpet. Cond: 1. NOT SOLD AT $54,000. The coffee cup was peel and bubbles at rear cowl. Rusted chrome on nose. Bumper rubber cracked, roof creased. Dirty interior with loose dash pad. Odd nonoriginal hood. Cond: 4. NOT SOLD AT $22,000. Lots of questions here. Why were there so many creases and dents? Where did that hood come from? Something was wrong, and the bidders could smell it. #S142-1970 DODGE CORONET 500 R/T replica convertible. S/N WP27N0G157138. Green/black cloth/black leather. Odo: 92,787 miles. 383-ci V8, 4-bbl, auto. Govier documented. Nice panel fit, good paint. Excellent chrome and trim, new top. Original engine restored to factory spec and nicely detailed. Sports Car Market

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#S106-1972 CHEVROLET CHEVELLE Heavy Chevy 2-dr hard top. S/N 1C37F21543901. Green/black vinyl. Odo: 6,764 miles. 350-ci V8, 4-bbl, auto. Claimed original paint over a wavy body. Hood high on passenger side front, other panel gaps OK. Window rubber dry-rotted. Interior as-new. Interior nice, with repro components throughout. Excellent overall. Cond: 1-. NOT SOLD AT $35,000. Found in a Kansas barn and restored to an exacting standard, this fake R/T had buckets of eye-appeal. The high bid wasn't high enough for the seller, but I don't think it ever will be. Even with Govier documentation, it won't bring much more. #S254-1971 PLYMOUTH 'CUDA coupe. S/N BH23G1B179284. Green/black vinyl. Odo: 39,984 miles. 440-ci V8, 3x2-bbl, 4-sp. Good older respray with some use-related issues. Uneven panel fit at hood and doors, side decals stained. Wheels dirty and discolored. Interior dirty and used, with heavy wear on Suspension sits high as if springs were replaced or spacers installed. Cond: 2-. SOLD AT $22,575. Heavy Chevys were the poor man's SS, and this one looked to have been refurbished at some point in its very green life. All the money and more for this one. The seller did well here. #S175-1994 DODGE VIPER convertible. S/N 1B3BR65E9Rv100184. Red & black/gray leather. Odo: 35,975 miles. Supercharged with a claimed 745 hp. Awful repaint is scratched and crazing on rear header and hood. Terrible vinyl graphics starting to lift at edges. Interior dirty and worn, no top. Aftermarket stereo. the driver's seat. Cond: 3+. NOT SOLD AT $45,000. This car had been used heavily. It looked like it had been refurbished at one point, but not much care had been shown to it since then. High bid was ample, especially for the condition of the car. The seller may dream for more money, but he won't realize it with a car like this. #S126-1972 CHEVROLET CHEVELLE SS 2-dr hard top. S/N 1D37U2B688060. Charcoal & white/black vinyl/black leather. Odo: 6,764 miles. 402-ci V8, 4-bbl, 4-sp. SS with factory wheels. Panel fit good, paint repairs evident at leading edge of hood. Nice chrome, good stainless trim, nice vinyl top. Color-matched wheels dated, chassis altered. Cond: 3-. SOLD AT $39,900. This car was beat to death. The 1995 U.S. Mopar Nationals Fastest “Serpent,” it ran from 0–60 in 3.1 seconds and could do 10.20s in the quarter mile. Hard to duplicate correctly at this price, but who would want to? #S161-1996 CHEVROLET IMPALA SS sedan. S/N 1G1BL52PITR106862. Black/ gray leather. Odo: 11,000 miles. Factory original SS. Original paint with swirl marks and chips, driver's side mirror scratched to primer. Original alloy wheels with no curb rash, OK Cowl induction hood, tinted glass. Cond: 1. NOT SOLD AT $30,000. The deal of the day for a Chevelle. The owner was present to help sell the car beforehand—a winning strategy if ever there was one. The high bid was short by $7,500, and the seller was smart to take it home. January 2007 tires. Filthy steering wheel, rest of interior asnew. Dark tinted windows. Cond: 2. SOLD AT $25,200. A nice car overall. MSRP new was $24k, and even considering inflation and depreciation, the owner drove this thing for very little dough. As good as it gets for an Impala SS moneywise. The seller did well.u 111

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Bonhams Beaulieu, U.K. Column Author International Autojumble Even though good consignments have proven quite hard for auction houses to sign up lately, a wide range of classics was cataloged to suit most budgets Company Bonhams Date September 9, 2006 Location Beaulieu, Hampshire, U.K. Auctioneer James Knight Automotive lots sold / offered 47 / 59 Sales rate 80% Sales total $1,144,139 High sale 1932 Rolls-Royce 40/50hp Phantom II, sold at $84,880 Buyer's premium James Knight works the crowd on the way to a million-dollar day Report by Richard Hudson-Evans Market opinions in italics I Beaulieu, U.K. can't remember having ever seen a Government Minister at a U.K. collector vehicle auction, so the attendance of Dr. Stephen Ladyman—Tony Blair's Minister of State for Transport—checking out an Alfa Spider at the Bonhams sale was a welcome first for our eco-unfriendly hobby. Although enthusiasm for the sale was high, there were actually very few star items for sale in the auction tent, which, nonetheless, still drew a reasonable sized crowd who bought 80% of the stock. Even though good consignments have proven quite hard for auction houses to sign up lately, a wide range of classics were cataloged to suit most budgets. A million dollars worth of car sales was headed by a 1932 Rolls-Royce Phantom II with coachwork by Thrupp & Maberly. Though apparently unsold under James Knight's hammer, it changed hands immediately afterward for a less than expected $84,880. An Alfa Romeo 1900 SS owned by the same family since new and off the road since 1972 sold for $32,180. Untouched since 1937, a 1915 Studebaker 40hp Model EC raised $26,173. Also still largely original and remarkably well preserved, a dusty 1929 Renault Vivasix with landaulette de Ville coachwork by Karl Strakosch made $11,799. Although redundant competition cars often tend to be difficult to shift at any price, the Ivan Dutton-prepped 1954 Alvis TC21 3-Liter Gray Lady Racer driven by the late Gerry Marshall at last year's Goodwood Revival meeting made an expected $38,187. By far the most bullish performance of the afternoon 112 15% on the first $55,965, 10% thereafter, included in sold prices (£1 = $1.8655) was $49,342 paid for a 1964 Ford Lotus Cortina. A desirable Special Equipment version, it had been meticulously restored to model-correct specification with an even more potent Nick Stagg-built motor. It made $19,494 more than the top estimate of $29,848. This was very serious money for any Mk I Cortina, particularly one tuned for the street and without any significant famous ownership or motorsports event history. The most notable one to get away was surely the 1948 Lea-Francis 14hp roadster. Both rallied and raced in period, it was raced again in 2001 and had admittedly become very scruffy. It was unsold with an insufficient $18,655 displayed. This result was surprising in view of its potential for gaining top historic race entries into the drum-braked sports car category of the immediate post-WWII era. Also unsold was a 1937 MG SA saloon. Stored from 1958 to 2000, its condition warranted more than the $24,252 bid. A 1997 Ferrari F355 Spyder also remained with its seller at $55,965. Bonhams's Beaulieau Autojumble sale is one of the company's most prestigious sales of the year, and a fine sister event to the Autojumble itself. This year's final dollar figure is representative of the recent difficulties in finding good consignments across the region. Bonhams showed more of a shift in scope, as prices were lower and lots more obtainable. But with respect to what was offered, this sale was a success—and even I would have joined in on the action had my piggybank not been short of funds.u Sports Car Market

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Bonhams Beaulieu, U.K. ENGLISH #467-1911 ROVER 12hp tourer. S/N 515. Eng. # 515. Blue & black/beige canvas/blue leather. RHD. Odo: 6,189 miles. Two owners from new, a proverbial 1970s barn discovery. Last resto circa 1980, many Oldtimer Runs in recent years. Cosmetically still very sharp, super clean chassis and suspension, paint and brass spotless, comfy-looking seat leather lightly worn, start handle secured in leather sling, large wicker picnic basket on tail. Cond: 1-. SOLD AT $51,488. Really nice condition fully warranted the buyer's mid-estimate valuation for this fine example of the Owen Cleggdesigned Twelve. A Rover of this vintage is not only very handsome, but is entirely practical to use and enjoy as well. #470-1921 ROVER 12/14hp tourer. S/N 8807. Eng. # 12330. Ivory/black canvas/red leather. RHD. Odo: 2,651 miles. Chassis-up rebuild with photo-record, engine reconditioned in 1988, radiator re-cored in 1990. Featured in The Automobile magazine on completion. Regularly exercised, apparently structurally sound. Old repaint lightly marked, leather shows nice patina. Correct Rover Viking mascot, Lucas “King of Road” bugle-shaped bulb-horn, Auster screen. Cond: 2-. SOLD AT $21,453. Only just made it across the block into new ownership, and for less than half of lot 467, its much older sister. Less desirable, but so much less expensive. I have to say well bought. #441-1929 ROLLS-ROYCE PHANTOM II tourer. S/N 72WJ. Eng. # LV65. Old English White/black canvas/tan leather. RHD. Odo: 71,165 miles. Coachwork by Caffyns. Originally bodied as Sedan-Landaulette, current bodywork dates circa 1969. Paint has chips and marks. Silver Lady mascot, handy driver's ashtray, bevelled-glass clock in back, and foot warmer all still present. Engine presentation disappoints, exhaust manifold particularly scruffy. A stack of R-R model-specific tools included. Cond: 3+. SOLD AT $68,464. The over high-estimate price paid for this Phantom II with oddly styled fenders and an awkward rear end treatment can be explained by more than one bidder wanting to own it. Presumably, beauty was in the eye of the beholder. #454-1932 ROLLS-ROYCE PHANTOM II Continental sports saloon. S/N 90MS. Eng. # BK45. Red & black/black leather. RHD. Odo: 5,472 miles. Coachwork by Thrupp & Maberly. Hoffman and Mountford engine rebuild done in the mid-1980s, David Scott-Moncrieff mechanical refurb in 1990, further work in 2002. Front stone chips, rear fender paint damage. Black-painted wires on car, spare on back in red. Color-rubbed leather very soft. Bullseyeglass headlamps and windtone trumpets nice. Cond: 2-. SOLD AT $84,880. This one looked glossy in the catalog and was given a top billing January 2007 113

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Bonhams Beaulieu, U.K. Column Author banded wood trim on dash and door tops suprisingly good. Chrome on all four head and driving lamps excellent. Nice marque-appropriate “MG” U.K. registration. Cond: 3-. NOT SOLD AT $24,252. Few owners and much originality should have resulted in this SA flying away to a new home. Uncharted resto costs may have deterred many from bidding on this now rare example of the largest pre-WWII MG to come to market. #468-1937 WOLSELEY SUPER SIX 25 S spot in the auction tent, but the now distinctly older resto really disappointed in close-up. Although technically unsold in the live sale, an after sale was concluded, and the amount paid was nearly $18,000 below the $102,603 forecast. A Phantom II Conti in this condition didn't deserve more. #444-1937 RILEY KESTREL/SPRITE 12/4 roadster. S/N SS27K5855. Eng. # SSK5855. Blue/black canvas/black leather. RHD. Odo: 4,488 miles. Former Kestrel Sedan uprated with Riley Sprite motor. Chassis shortened to accommodate present open bodywork. Springs covered in leather gaiters, paintwork unmarked, chrome shines brightly. Dash wood far too modern, 5-inch diameter Jaeger tach huge, III drophead coupe. S/N 325DHC499. Eng. # OPEW3DHC3310. Black/beige canvas/tan leather. RHD. Odo: 30,412 miles. Presented Xmas 1937 by Wolseley Motors workers to their boss William Morris, by then enobled to Lord Nuffield. National Motor Museum displayed until Bonhams Beaulieu auction disposal in 2003, and since has had the gearbox rebuilt, top and tires renewed. Very original, though likely sale. Its poor cosmetic condition surprised, as did the fact that nobody in the tent appeared to spot its potential for participation in a wide variety of major historic events—most notably immediate post-war races for drum-braked sports cars. Even at $22,000, this could have been a most rewarding buy both on the track and when cashing it in after much play later on. #461-1953 ASTON MARTIN DB2/4 Mk I 2+2 coupe. S/N LML501. Eng. # DBA4. Maroon/tan leather. RHD. Odo: 134 miles. Officially, this first DB2/4 subsequently became the DB Mk III development car. Virtually derelict by the early 1980s, it was restored in the early 1990s. Stored outside for some time. Dings various, bubbling below paint in places, leather nicely worn. ENV Wilson pre-selector box to play with, rod-actuated brakes to worry about. Spare spark plugs in holder handy. Cond: 1-. SOLD AT $47,197. Considering the genetic make-up of this mongrel, the mid-estimate bid cast was over-generous—even if a tad less than a more genuine period Riley Special. The new owner must have thought it was worth it, however. The seller should be delighted. #447-1937 MG SA saloon. S/N SA1707. Eng. # QPHG1956. Mint green & light green/ magnolia leather. RHD. Odo: 93,426 miles. 1 of 2738 SAs, only two owners. Stored from 1958–2000. Engine rebuilt during the 1970s, much mechanical refurbishment for recent return to road. Dry underneath, only minor corrosion. Paint completely matte, leather soiled, to have been in receipt of cosmetic makeover many years ago. Minor paint chips and chrome marks, touched-up scratch on trunk, interior lightly soiled. Period Lucas fogs and horns. Cond: 2. SOLD AT $60,069. Mechanically in better order than the last time it crossed the block here, this ex-Morris/Nuffield generated plenty of bids until it sold for $13,431 more than the high estimate. Strong money, but it is an historic top of the range immediate preWWII Wolseley. #469-1948 LEA-FRANCIS 14hp Sports roadster. S/N 3426. Eng. # S3359. Gray metallic/dark blue vinyl/gray leather. RHD. Odo: 78,726 miles. Some early minor U.K. comps history on file. Mechanically recommissioned prior to the 2001 Snetterton race. Scruffy, with bumpy panels and matte paint. Original buckets with cracked leather, both doors internally secured with crude shed door bolts. Bumpers and extra lamps off car. Cond: 3-. NOT SOLD AT $18,655. This was the surprise lot of the to front as well as to fronts of both rear fenders, engine bay spotless. “Only here for the beer” painted on side is highly appropriate for the late Gerry Marshall being former driver. Cond: 2. SOLD AT $38,187. Absolutely unique. Very well known in U.K. historic racing circles. Just under mid-estimate paid pretty well matched the Bonhams valuation. Unless another major motor racing personality pedals it quickly in future high profile races, PUE 769 will likely depreciate to the levels of other old Gray Ladies. 114 Sports Car Market some chips. Bumper chrome pitted, driver's window glass cracked, leather retrim marked. Cond: 3. SOLD AT $45,052. Last seen at Christie's London in June of '06, where it was a no-sale at $47,242 (SCM# 42166). There was better luck this time for this unique but rather unsatisfactory DB 2/4. Considering its condition, the close to top-estimate money was enough. #465-1954 ALVIS TC21 3-Liter Gray Lady racer. S/N 25651. Eng. # 25651. Gray metallic/black & red leather. RHD. Odo: 17,237 miles. A really strange Alvis prepped for serious historic racing. All work expensively done, panels and fit super. Hood side vents, leather straps, wires, full cage, beautiful mint leather trim retained. Flying stone chips

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Bonhams Beaulieu, U.K. #474-1954 MG TF 1250 roadster. S/N HDC265668. Eng. # XPAG35619. Red/black canvas/red leather. RHD. Odo: 16,594 miles. First supplied to Australia where last rebuilt. Paint blemished, passenger front fender paint cracked, leather color-rubbed, dash top particularly grubby. Engine bay clean, chrome rocker cover shiny. Tires recently renewed, chassis freshly serviced. Cond: 2-. SOLD AT $23,599. Bug Eye, modified for SCCA Mid-Atlantic racing, shipped back to the U.K. a while ago and poorly stored since. All steel panels show minor event scars, matte paint with lots of shrinkage. No trim, cut-down front windshield, roll-over bar intrudes into passenger area, splitrims rather sexy. Cond: 4. SOLD AT $4,720. Only practical to salvage for circuit racing rather than a street future, this sad scruff didn't deserve a dime more. This original RHD example failed to hook a client during the sale, which was surprising due to the popularity of 1950s TFs, even with 1250cc motors. An after-sale was speedily concluded, albeit for close to the minimum required. This was not the best example by any means, but it was well worth the money paid. Again, a TF is a near gilt-edged investment. #451-1958 AUSTIN-HEALEY SPRITE Mk I racer. S/N AN5L2133. Eng. # 9CUH1746. Light green/black. Early export #453-1961 AUSTIN-HEALEY 3000 Mk I racer. S/N HBT7L14480. Eng. # 29EARUH994. Red/white/black leather. Odo: 18,996 miles. Standard left-hooker until 1998, then rebuilt to rally-spec by Cambridge Motorsport. Many bits from A-H racing specialist Denis Welch employed. Lightweight panels, vented front fenders, humped trunk lid for two spares, A35 van opening flap on hardtop, triple Webers, straight-cut gears, alternator, long-range foam-filled gas tank, plumbed-in fire system, full-cage, 4-point harnesses, Halda twin-trip, no bumpers. Many event marks to paint, strictly functional interior, mechanical items tidy. Cond: 2. SOLD AT $42,907. Although technically unsold under Knight's hammer with $41,041 bid, an after sale for this ready-to-rally 3000 was hastily concluded for $3,700 below the low estimate. Even for a fraction of their prep costs, competition Healeys are actually quite hard to shift. #452-1962 JAGUAR XKE SI coupe. S/N 860669. Eng. # R61889. Old English White/ red leather. RHD. Odo: 25,875 miles. Still period-correct, with primitive Moss gearbox, Lucas dynamo, unreliable points ignition. Long resto completed in 2005, only localized replacement of panels claimed. Repaint virtually unmarked, passenger door frame and rear side-window chrome pitted. Wires mint, retrim nice, engine cam covers and triple carbs clean. Cond: 1-. SOLD AT $35,398. Even in the least January 2007 115

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Bonhams Beaulieu, U.K. Column Author this largely street-going Lotus Cortina. It was a rare and desirable Special Equipment version, and the Nick Stagg motor is generally reckoned to be the one to have. #478-1967 BENTLEY T-SERIES 2-dr fashionable show-every-mark OEW, this S1 3.8 was correctly valued at just over the low estimate paid. Reportedly on-the-button as well. #475-1963 MORRIS MINI COOPER sa- loon. S/N KA2S4279855. Eng. # 9FSAH10708. Turquoise & white/turquoise & gray vinyl. RHD. Odo: 48,508 miles. Long-stroke 997 Mini Coopers have become relatively rare in auction. This 997 had been treated to a showstandard resto during the 1990s. Panel fit and shut still excellent, externally spotless, interior much sat-in, dirty engine bay in need of attention. Cond: 2. SOLD AT $21,253. With only 98 built, the Bentley MPW is much rarer and arguably more handsome than the equivalent Roller, 571 of which were produced. Seemingly well cared for, this T Series 2-door was wellbought for a modest sum. #463-1968 JAGUAR XKE S 1 1/2 4.2 slightly grubby, unsightly holes drilled into rear parcel shelf trim. Out-of-sight trunk and engine bay both present well. Cond: 1-. SOLD AT $16,090. Great car, albeit to standard street specs. The strong money raised was fully deserved—and, lest we forget, Warwick Banks of Koni shocks distribution fame won the Euro Touring Car Championship outright in Ken Tyrrell's 997 Mini Cooper! #434-1964 FORD LOTUS CORTINA Mk I SE-spec 2-dr saloon. S/N Z74D424157. Eng. # LP1533. White & green/black vinyl. RHD. Odo: 6,875 miles. One of only 64 Special Equipment models built. Diligently restored to correct SE-spec in 1997, with the motor rebuilt by twin-cam specialist Nick Stagg. Only minor blemishes and shrinkage cracks to paint at coupe. S/N 1E21841. Eng. # 7E172288. Carmen Red/black leather. RHD. Odo: 4,478 miles. In receipt of full resto and an SI hood some years ago. Last repaint in 2005, recently completed mechanical work includes an engine rebuild. Various chips touched up, rear fender chrome flaking off, original leather holding up well. Cond: 2-. SOLD AT $32,180. Unsold during the sale, this S1 1/2 4.2 with an earlier hood panel was swept up afterwards by the U.K. trade for below the low estimate of $33,579. About right price-wise for the condition, though it's almost certain to be retailed for a minimum of $5,000 more. #477-1976 ROLLS-ROYCE CAMARGUE pillar bases. Interior and engine bay like new, recently inactive muffler rust-holed. Cond: 1-. SOLD AT $49,342. Considering that details here and there were in need of tidying, $20k above the top estimate was over-generous for 116 coupe. S/N JRH22586. Eng. # 22586. Mistletoe Blue/tweed & black leather. RHD. Odo: 20,628 miles. One of 140 RHD Camargues, first owned by R-R Motors themselves. Tweed and leather combo front seat trim special ordered. Sill repairs, exhaust renewal, and a/c reconditioning in 2005. Bubbling below old repaint on both rear flanks, minor scratches to brightwork, interior tidy. Working engine bay. Cond: 3. Sports Car Market worn. Period-correct acetylene headlamps, paraffin-filled side & rear lights, bulb horn and wicker umbrella holder nice. Cond: 2+. SOLD AT $30,035. At just below the lower estimate accepted, this Poissy-built Vet was correctly priced. Not many punters in the greater world outside the Beaulieu auction tent have ever heard of a Gregoire, let alone seen one, so it may raise considerably less next time around. #432-1929 RENAULT VIVASIX landaulette. S/N 475583. Eng. # 974. Black & Peacock Blue/black landau top/beige leather. RHD. Odo: 10,469 miles. Coachwork by Karl Strakosch. Extraordinarily original. Dates from saloon. S/N CBH3569. Gold metallic/black leather. RHD. Odo: 35,548 miles. Coachwork by H J Mulliner and Park Ward. In receipt of costly late 1990s resto, since driven sparingly. Paintwork largely unmarked with only minor chips, bumper chrome scuffed and pitted. Driver's seat leather scuffed on entry and SOLD AT $18,235. At $155,064 when new, this was the most expensive new automobile that big money could buy in the U.K. during the mid-1970s. If the tin worm isn't too rampant, such behemoths have to be seriously cheap at this sort of money. Too vulgar for some, but I confess to lusting after such a potent symbol of decadent excess. FRENCH #440-1907 GREGOIRE 8CV Swing-Seat Tonneau open tourer. S/N 6550. Brunswick Green & yellow/red leather. RHD. Acquired by seller as an original running chassis. Bodywork, running boards, mudguards, and windshield replicated to original designs. Chassis paint good, some panel paint marks. Lots of largely unmarked brass to polish, leather acceptably

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Bonhams Beaulieu, U.K. early on in Renault's rad-in-front-of-engine period. Viennese body, coachbuilder's plaque on sill, always Austrian registered. Ancient paint matte and flaking. Cracked windshield with Austro-Hungarian double-headed Eagle removed, but included. Apparently complete and structurally sound. Distressed interior easy to copy. Cond: 4+. SOLD AT $11,799. With so few previous results at public auction to go on, any pre-sale valuation for this late 1920s Frog can only be guesswork. Although a charming enough project to take on, even when renovated, it will never be worth very much more than $20,000 or so. #433-1931 ROSENGART TORPEDO 2-Seater replica roadster. S/N 50898. Eng. # 454. French Racing Blue, dark blue/black canvas/red leather. RHD. Odo: 3,409 miles. Discovered in a dismantled state in 1998 and revived with this nicely replicated body. Currently with aeroscreens, though full windshield is also included. Paint slightly marked, interior still nice, engine bay presentation nothing special. Rosengart chassis plate, upswept rear wings quirky. Cond: 1-. SOLD AT $16,090. Whether static or on the move, this Torpedo roadster looked suitably dashing and represented reasonable value. The price paid was on the high side of estimates, and the new owner should still be able to recover most of this investment when it's time to move on. GERMAN #476-1959 MERCEDES-BENZ 300D Adenauer limousine. S/N N/A. Eng. # 189980229500158. Gray/red leather. RHD. Odo: 58,554 miles. The choice of German Chancellor Konrad Adenauer. Pillarless 300s are rare in RHD, and this one was dry-stored since 1978. In need of recommissioning before use. Old repaint fair, some marks to chrome, original leather good. Period Blaupunkt radio surviving, attractive U.K. registration, long dormant engine does turn over. Cond: 3+. SOLD AT $15,017. Last sold at Brooks Stuttgart in May of '97 for $13,618 (SCM# 8054). This was a fair example of M-B's sought-after 1950s flagship model, apparently unsold during its turn, for which $7,369 less than the low estimate was accepted afterwards. Potentially cheap, I would suggest. #472-1960 MERCEDES-BENZ 220SE Ponton convertible. S/N 1283020003093. Eng. # 12798320000534. Black/beige canvas/ burgundy leather. RHD. Odo: 80,283 miles. The 16th of only 17 220SEs built in RHD. Only two owners. Last repaint and carpets renewed in the late 1970s. Infrequent use in re- January 2007 117

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Bonhams Beaulieu, U.K. Column Author cent years. Stone chips touched up, trunk paint orange peeled, screen wiper-scratched, bumper chrome pitted, still original leather marked. Cond: 3+. SOLD AT $42,907. Rare and sought after, even if ripe for some refurbishment, this Ponton with model identifying box-section side-members generated lots of viewing. It brought almost $10k over the high estimate of $33,579 for the second owner, whose advancing years necessitated a sale. #439-1962 VOLKSWAGEN TYPE 2 Split-Screen microbus. S/N B2044858. Beige & white/red leather & cloth. Odo: 4,072 km. Subjected to a body panel makeover and repaint, otherwise largely original. Paint scuffed on bumper, some body paint marks, headlamp glass cracked. Motor and ancillaries clean, ITALIAN #435-1954 ALFA ROMEO 1900 SS SII coupe. S/N AR190001663. Eng. # AR130800744. White/beige leather & cloth. Odo: 33,278 km. Family ownership from new, Lebanon resident until 1958 when it first came to the U.K. Off-road since 1972, though claimed to be a runner. Nose and front fender dimpled, radiator grille missing, huge chunks of $16,090. This quite reasonable RHD Espada was landed for around the minimum likely to be acceptable to Bonhams and their client. The successful bidder should be able to bag a modest profit when he moves it on. minor rust to engine bay panels. Nice interior, center seat recovered. Cond: 2-. SOLD AT $21,024. In close-up, not the sharpest example around, but seemingly sound in metal. At the mid-estimate money paid, it was correctly valued by all concerned. It seems the following for air-cooled VW Campers continues to be strong. #462-1967 PORSCHE 911 coupe. S/N 307662S. Eng. # 9613349012. Dark blue/ black cloth. Odo: 51,885 km. Former U.S. car, Cambridge Motorsport rebuilt to current special stage rally spec in 1997. Race motor on Webers, limited-slip differential, full cage, Willans harnesses, hi-back Cobra buckets, head-sets, Halda trip, fuel cell in front, 2 Cibie Oscars mounted high in front. Not too many events, though stone chips and interior strictly seized—replacements fitted, originals included. Cosmetically rough, entirely salvageable. Cond: 4+. SOLD AT $11,799. If you had seen this sorry part-ruined bitza in the decayed flesh, then you would think that the price paid was absolutely bonkers. Following a full makeover by somebody who knows what they're doing, however, the intrepid investor may well be smiling all the way to the bank. functional. Cond: 3+. SOLD AT $33,253. Like so many redundant competition cars, one might have imagined that this U.K. Historics category rally-prepped Porsche with much cosmetic wear might have been hard going, but this was not the case here. As with the rally Healey, it would have cost much more than this to source a rot-free 911 and equip it for pounding down rock-strewn forest tracks. 118 #455-1972 LAMBORGHINI ESPADA SII coupe. S/N 8886. Eng. # 40936. Light green metallic/beige leather. RHD. Odo: 40,702 miles. Quite rare in RHD, likely to have been repainted at some time. Interior still original, engine treated to top-end overhaul 1993. Panels all straight, paint chips various, no obvious rot. Passenger side door mirror missing, driver's seat squab has holes. Cond: 2-. SOLD AT Sports Car Market paint flaking off with evidence of blue beneath, brightwork shot. Woodrim wheel with Alfa horn-ring likely to be original. Cond: 4. SOLD AT $32,180. Although correctly forecast by the auctioneers, the high price paid here was more than enough for what is likely to be a major and seriously costly project—unless, of course, the new owner can avoid labor-inflated garage bills by doing most of the work himself. #438-1960 FIAT 500 Jolly beach car. S/N 110078799. Eng. # 110000097334. Red/gray cloth. A former U.S. resident that came to the U.K. in a complete state in 1997, though no documents are on file. Refurb started and abandoned. Motor and gearbox found to be #443-1997 FERRARI F355 Spider. S/N 2FFXR488000106916. Red/black canvas/black leather. Odo: 70,521 km. Paint virtually markfree, only light wear to leather, F1-inspired motor clean. Nice glass and trim. FSH included recent cam-belt change. Modern goodies include power-top, a/c, CD, and tracker. Cond: 1-. NOT SOLD AT $55,965. Although the cosmetic condition was reasonable for year, the mileage was perhaps too high for the circa $65k that would most probably have bought the car. Despite being drop-dead gorgeous to look at, even Italian rain water could swamp the engine bay and electronics when parked in a downpour. AMERICAN #466-1903 CADILLAC MODEL A 6 1/2hp rear entrance tonneau. S/N 1102. Eng. # 1102. Maroon, black mudguards/black leather. RHD. Originally available with 2-or 4-seater accommodation. First supplied to a U.K. lady owner, with 1905 speed event participation press cutting on file. Seller acquired it in 1989 after 40 years off the road. Recent Irish Pioneer and London to Brighton finishes. Generally tidy, some shrinkage to paint, footscuffed cockpit floor, chain and ignition trembler coil freshly renewed. Cond: 2+. SOLD AT $88,984. Sold for $23,300 at Sotheby's London in November '92 (SCM# 6631), the value

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Bonhams Beaulieu, U.K. has considerably jumped in the years since. Entry eligibility and instant readiness for top Vet events boosted gavel performance to the $33,019 over the high estimate of $65,293. More than one bidder wanted it, which helped push the price even further. This result fully deserved applause from the Beaulieu crowd. #471-1915 STUDEBAKER MODEL EC Six tourer. S/N 614069. Eng. # 13082. Black/beige canvas/black leather. Odo: 30,684 miles. Likely to have been genuine total mileage before being taken off the road in 1937 due to engine fault. Re-discovered with engine removed last year. Crank reground and clutch renewed since. Claimed to run AT $26,173. Unmessed-around-with projects are part of the staple fare at any Beaulieu auction, and this item really fitted the bill for those looking for a workshop virgin. Inevitably, there was competition to take it on, with the winner having to pay $3,787 above the high estimate of $22,386. Too much, though understandable under the circumstances. #473-1929 FORD MODEL A convertible. S/N YO3545. Eng. # AF3730626. Yellow & black/beige canvas/dark brown vinyl. RHD. Odo: 82,866 miles. Manchester U.K. built, always RHD. Ford dealer showroom displayed for 40 years. According to pre-resto photo from the 1960s on file, this convertible is still in original condition. Engine rebuilt in over the high estimate of $17,722 was fully justified by both the condition of car and fixtures, and the fact that it appeared to be fully working. This was a good buy, and the investor is always likely to be able to get most of his money back. #445-1931 CHEVROLET SIX tourer. S/N AE12836. Eng. # 376749. Red & black/ black leather. RHD. Odo: 24,543 miles. Last resto in 1999. Detailing to-do list includes a new top. Chassis repaint still basically good, some marks to mudguards. Headlamp bodies well, though cosmetically awful, with surfacerusted panels. Still in a largely original time warp state of preservation. Cond: 4. SOLD 1959, in receipt of more recent color change and retrim from original blue. Minimal cosmetic wear. 77-year-old wiring still original. Cond: 2. SOLD AT $18,879. A result slightly dimpled, chrome marked, old event rosette on radiator, leather lightly worn. Engine runs OK, transmission overhaul recommended. Cond: 2-. SOLD AT $11,156. For $3,700 below the low estimate, this pre-war Chevy Six was well bought, though rectifying the declared transmission tiredness will have to be funded.u January 2007 119

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Potts Auction Co. Dalton, GA Column Author Summer Classic Collector Car Auction The auction staff spun yarns on everything from local legends to who previously owned a '67 Corvette, how hard he drove it, and how well he kept it waxed Company Potts Auction Company Date August 26, 2006 Location Dalton, GA Auctioneer Jeff Potts, Denny Wilbanks, Tony Watson Automotive lots sold / offered 20 / 50 Sales rate 40% Sales total $271,198 High sale 1968 Corvette, 1969 Yenko Camaro replica, both sold at $42,135 This clean 1964 Impala brought good money in Dalton, selling at $22,472 Report and photos by Joe Severns Market opinions in italics Dalton, GA watchful gaze of Fort Mountain in Northeast Georgia. Potts is known for providing a down-to-earth feel not always found in the American market, but the small scope of this sale was a hurdle from the beginning. The crowd was small and the number of consignments limited. And though the list did include a few decent European examples, they were overshadowed by the American muscle majority. There was plenty of opportunity to inspect the cars al- T most at leisure, and the ability to speak with the consignors created less pressure when it came time to buy. Many of the cars offered were local rides with known histories, and the auction staff spun yarns on everything from local legends to who previously owned a '67 Corvette, how hard he drove it, and how well he kept it waxed. Of the 50 cars on the block, 20 were sold, making a sales rate of 40% and a total collection of $271,198. The high sale was a tie between a 1968 Chevrolet Corvette and a 1969 Camaro Yenko replica, each of which brought $42,135. A unique and well done 1957 Chevrolet 150 wagon sold for $24,719, which was a good deal considering the cost of replacement. A 1942 Chevrolet pickup done in the orange and black of University of Tennessee 120 he Summer Classic Collector Car Auction by the Potts brothers was a small town affair. It took place inside the Northwest Georgia Trade and Convention Center, perched atop a hill under the Football brought a correct-for-condition $5,618, and a 1972 Volkswagen-powered rail buggy found its way to a new home for $4,028. Potts sales generally attract lots of American iron, and because of this, good buys can usually be had on imported cars. However, with only four of the 50 cars being from manufacturers outside the U.S., there was not a lot for the buyers to choose from this time around. The nicest example of the four was a 1991 Mercedes-Benz 420SEL that didn't sell at $6,500. Though just a used car and not a collectible, it was good in all respects, but 125,000 miles on the clock kept the bidders from going higher. A 1969 Volkswagen Beetle failed to sell at a more than adequate $3,800. On the American side, an immaculate 1955 Chevrolet Bel Air custom worked its way up to $100,000, but more was needed before the seller would part with it. A 1982 Chevrolet Silverado custom also didn't sell, and even though it had a good look from a few feet away, up close the mix of parts was not compelling enough to bring more than the $5,000 high bid. Potts was surely aiming for a more robust final result, and even though 40% of the lots found new homes, the low total result fell far short of expectations. The crowd simply wasn't buying, and the limited number of consignments did little to help. If in the future Potts can apply its style and know-how to a more wide-ranging group of cars and buyers, bigger results will come.u Sports Car Market Buyer's premium 6% (included in sold prices)

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Potts Auction Co. Dalton, GA GERMAN #6-1992 MERCEDES-BENZ 300SL convertible. S/N WDBFA61E4HF047264. Pearl White/blue leather. Odo: 84,539 miles. Apparent respray with significant hazing over decent panel fit. Lots of road scars, especially around front spoiler. Pearl sections on bottom of car lack clear coating. Factory tinted glass in rallies and tailgate parties. Just don't drive it to Athens on game day. good order. Dirty interior shows lots of cracking on leather seats. Left bolster on driver's seat is ripped. Cond: 3-. SOLD AT $6,360. Almost completely used up. The low mileage belies the condition of the exterior and interior. This car had a hard life, and if the teenaged girl that was begging her dad for it during the inspection period got it, more hard times are sure to come. AMERICAN #30-1938 HUDSON 112 sedan. S/N 811249. Black/red vinyl. Old paint with lots of marking and hazing. Excellent chrome, grille mascot missing. Front bumper bracket bolts rusty. Wing window trim rubber cracked, dry, painted over. Interior well worn, but not worn out. Aluminum wheels and low-profile tires. #17-1951 FORD F1 custom pickup. S/N F1R1HM21632. Sunray Gold Pearl/beige cloth & vinyl. Odo: 5,518 miles. 350-ci V8, 4-bbl, auto. Claimed ground-up restoration in 2006 appears honest. Straight panels, good chrome and glass, Camaro sub frame with Chevrolet engine and transmission. Beautiful oak bed, tail lamps incorporated into curl in top of bed lip. Lots of louvers, booming sound system, tow package. Cond: 1-. SOLD AT $18,232. Named “14KT,” it looks the part. It's too bad folks insist on putting incorrect Chevy engines in Ford vehicles, as the blue-oval people here would have loved to see a Ford powerplant under the hood. Well bought considering the money invested in making this the gold standard of pickups. #19-1955 CHEVROLET BEL AIR 2-dr hard top. S/N VC55C061651. Maroon & sand/tan leather. 350-ci fuel-injected V8, auto. A high-dollar custom by Rods and Restos. Accompanying magazine feature on car claims it sold for $250k several years ago. Big power, big brakes, huge wheels, slick interior. A cover car if there ever was one. Absolutely flawless. Cond: 1+. NOT SOLD AT $100,000. The high bid was well short of this car's $130k reserve. High-dollar customs can be a hard sell, and this one had all the expensive tricks. The owner Cond: 4. SOLD AT $19,326. Lots of style and plenty of rear leg room. Well sold, but the small details really added up here. The painted wing window trim was not a good look, and a fix here would have been relatively simple. The sale price was correct. After all, when was the last time you saw a '38 Hudson? #14-1942 CHEVROLET FLATBED pickup. S/N KY12282. Orange & black/black cloth. Decent paint with plenty of orange peel. Panel fit good, no evident rust. Nice colormatched steel wheels and newer whitewall tires. Oak bed finish coming off in places. Glass delaminating, interior vinyl slightly worn. Cond: 4. SOLD AT $5,618. This truck was a rolling advertisement for Tennessee Football. The winning bid was fair for condition, and the truck should get the new owner noticed at pep January 2007 121

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Potts Auction Co. Dalton, GA Column Author said he'll be taking the car to Barrett-Jackson in AZ to try his luck there. #34-1957 CHEVROLET 150 2-dr wagon. S/N A57L172009. Orange & white/orange & white leather. Odo: 3,679 miles. 350-ci fuelinjected V8, 5-sp. Hood sits high on driver's side and tailgate is slightly askew. Newer paint thick, chrome in good order. Interior nice, with new color-matched leather seats and $22,472. Since when is aqua and white a rare combination? Well sold and fairly bought, but the seller has a different definition of “low miles” than I do. #16-1965 FORD MUSTANG coupe. S/N 5F07C646907. Wimbledon White/blue vinyl. Odo: 94,199 miles. 289-ci V8, 2-bbl, auto. Decent paint contains lots of orange peel. Trunk fit high on driver's side, low on passenger's side. Bumper fit low on the driver's side rear. was one step away from being up on blocks in someone's front yard. It almost looked as if it was wheeled to the sale from a junkyard. The seller hit the jackpot with this one. #39A-1968 CHEVROLET CORVETTE convertible. S/N 94678S40804. Red/black cloth/black leather. Odo: 97,395 miles. 427ci V8, 3x2-bbl, auto. Excellent paint shows orange peel on rear valance panel. Cowl fit off by 1/4 inch. Front bumper chrome marked, other chrome and trim decent. Excellent interior includes teakwood wheel and nice leather. door panels. Creamsicle paint job and 5-speed manual both different from the norm. Cond: 2-. SOLD AT $24,719. Just the thing to cure the SUV blues. For similar money, gas mileage, and heft, the buyer got a classic conversation starter that was so cool, even left-wing Greenpeacers won't complain about its mpg. Well bought. #39-1958 CHEVROLET CORVETTE convertible. S/N J585108584. Snowcrest White/black cloth/charcoal leather. Odo: 21 miles. 283-ci 230-hp V8, 4-bbl, 4-sp. Wellapplied paint shows no issues. Show-quality chrome and stainless, perfect glass. Interior completely redone and appears completely Bent grille, delaminating windshield. Rust at passenger A-pillar. Incorrect coffee-can exhuast. Claimed restoration in 2006. Cond: 3-. SOLD AT $8,215. Refurbs are not restos, and there were still plenty of needs here. The high bid was all the money for this one. I would call it well sold, but I'm sure the seller got soaked. #42-1965 FORD FAIRLANE 500 2-dr hard top. S/N SK43C290954. Wimbledon White/red vinyl. Odo: 57,128 miles. 289-ci V8, 2-bbl, auto. Appears all original. White paint chipped and scratched. Rust on drip rails Excellent underhood detailing and chrome. Cond: 1-. SOLD AT $42,135. A nice period piece in desirable colors. Sold at the high end of the estimate range. Big block power, big style, and a car for big egos. Well bought, fairly sold. ##33-1969 CHEVROLET CAMARO Yenko replica coupe. S/N 124379N667466. Yellow/black vinyl. Odo: 748 miles. 427-ci V8, 4-bbl, 4-sp. Claimed $70k restoration. Excellent paint, nice chrome. Hood fit off, but rest of body panels fit well. Interior near perfect, but seats are missing SYC headrests. Convincing from a distance. Cond: 1-. SOLD AT $42,135. Lots of eyeball. Real Yenkos bring huge money, and this Yenko-like rebuild sold for big money in its own league. Replicas are good for driving and fooling your friends, but they leave a lot to be desired in investment quality. The buyer should drive the heck out stock. Correct AM radio, excellent seats, new carpet. Nice door panels, superior dash and gauges. Cond: 1. NOT SOLD AT $65,000. An extremely clean presentation inside and out. The high bid here was just above market-correct, but the seller didn't feel it was enough to let it go. The high bidder should be able to find another for less. #3-1964 CHEVROLET IMPALA SS 2-dr hard top. S/N 41447S77179. Aqua/ white/white vinyl. Odo: 98,079 miles. 327-ci V8, 4-bbl, auto. Terrific paint, good panel fit, great glass. Claimed as a one-owner, highlyoptioned, rare-colored survivor with low miles. Clean interior includes an excellent padded dash. Power everything. Cond: 2. SOLD AT and on front and rear bumpers. Interior looks tired, with slightly faded and worn seat covers. Steel wheels need to be refinished. Cond: 3-. SOLD AT $4,240. The steal of the sale. Some basic cosmetic work was needed, but it was a great car you don't see everyday. Well bought, and a fun car to see and be seen in. #13-1968 CHEVROLET CHEVELLE SS 2-dr hard top. S/N 136378A113565. Purple/ black vinyl. Odo: 59,581 miles. 396-ci V8, 4-bbl, auto. Paint is heavily marked, swirled, chipped, and scratched. Glass is delaminating at windshield and rear window. Rust at drip rails of it and never let anyone see the VIN. Price seems fair—just try building a 427 anything for less. #43-1970 PLYMOUTH ROAD RUNNER on driver's side. Wood steering wheel, worn interior. Lots of problems. Cond: 5. SOLD AT $10,600. May or may not be a real SS car. It 122 2-dr hard top. S/N RM23NOA130766. Burnt Orange/orange vinyl. Odo: 62,198 miles. 383ci V8, 4-bbl, auto. A claimed numbers-matching Track-Pak car. Repaint decent, except for mismatching panels and rattle-canned hood stripes. Panel fit poor, with trunk fit way off. Chrome pitting and scratched, stainless trim OK. Delaminating glass, faded dash. Rear Sports Car Market

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Potts Auction Co. Dalton, GA OK, rat's nest of wires hang down under dash. Rust on rear spoiler. Cond: 4-. SOLD AT $14,045. A basket case like this selling for this much says a lot about the muscle car market right now. This car was full of questionable body repairs, but for one reason or another it didn't stop the high bidder. Obviously, people are willing to pay top dollar for poor examples. suspension suspiciously low. Cond: 3-. SOLD AT $21,200. Lots of big claims, but the evidence doesn't quite back it up. Sold for a little less than market, and well bought despite its shortcomings. #36-1970 CHEVROLET CAMARO coupe. S/N 124870N572833. Blue & white/ blue vinyl. Odo: 3,336 miles. Paint and Bondo cracked and crazing on roof at quarter panel junction. Terrible panel fit, trunk lid low at driver's side rear. Lots of filler in nose. Interior modified, with tacky B&M shifter screwed to floor and a big shift light on dashboard. Seats cleanable. Interior panel fit problems suggest it was disassembled recently. Aluminum foil on oil breather cover. Cond: 4-. SOLD AT $7,023. Plastic fantastic. A weak, brown, wavy Corvette with homemade patches and an auto transmission. What is the aluminum foil for? Better radio reception? The high bid was a bit much—this one was well-sold. absent. Purple factory alloys don't match exterior color. Perfect interior. Cond: 3-. SOLD AT $6,180. RS Camaros from the '90s aren't exactly collectible, and this one was just the thing for a kid with a mullet. The amateur shade tree respray detracted from the overall look almost as much as the purple accented wheels. Well sold.u #10-1980 CHEVROLET CORVETTE coupe. S/N 17878AS403452. Brown/tan leather. Odo: 3,804 miles. 350-ci V8, 4-bbl, auto. Significant warpage of plastic body panels, lots of wear to exterior. Interior dirty, but #5-1992 CHEVROLET CAMARO RS coupe. S/N 1GIFP23E9NL116952. Red/glass T-tops/red tweed. Odo: 74,461 miles. Poor red paint shows orange peel, overspray, and dirt. Panel fit looks close to original, which isn't all that good. Underhood tags suspiciously January 2007 123

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eBay Motors Report by Geoff Archer Market opinions in italics S exy and Italian often go hand in hand. This month we bring you some of Italy's finest creations. And also Annie Rivieccio, a woman with far more grunt than her Ferrari. Condition inferred from seller's descriptions; cars were not physically examined by the author. sf=seller's feedback; bf=buyer's feedback Original Becker stereo, books, and bill of sale. Recent service by Ferrari of Seattle. Sales includes photos of a “restoration” otherwise not described. 29 bids, sf 34, bf 8. Cond: 2. SOLD AT $92,601. Seller quotes 37% appreciation over the last two years. SCM says 43% in just the most recent one. In any case, it looks like a deal by about $20k, more so by the time you read this. Makes me wonder why everybody doesn't just buy and hold a Dino. #2600205279-1966 GHIA 1500 GT coupe. S/N N8155359. Metallic blue/navy. 9 photos. Fountain Valley, CA. “Supposedly around 900 were built,” based on a Fiat 1500. “With some easy detailing and minor work, you could have a car that will stand out at any show.” Very complete, in need of a total restoration. “Delivery to anywhere in S. Calif. for $100.” 7 comes with books, partial tools, and all service records.” Interior lightly worn and faded. One 3/8-in rust bubble under the paint. Borranis need refinishing. Small oil drips. 26 bids, sf 2, bf 209. Cond: 3-. SOLD AT $133,100. Nice to have such a simple and complete life story. Parsimony coupled with recent classic Ferrari appreciation seems to have pushed bidding to a level expected for a nicer #3 car. Well sold... but the buyer may regret it in six months. #1500376840-1967 LANCIA FULVIA bids, sf 242, bf 229. Cond: 4. SOLD AT $6,900. Here is a seller who plainly states “missing 3 hubcaps” instead of the more positive “1 hubcap included.” Low shipping quote implies ownership of a tow vehicle. Great lines on the car would have shown better nearly anywhere other than this cramped workshop parking lot. A better presentation could have pulled a few thousand more. #1600396101-1967 FERRARI 330 GTC coupe. S/N 10727. Bordeaux/black leather. Odo: 68,787 miles. 40 photos. San Rafael, CA. Bought 4 years ago from Fantasy Junction. 25 prior years with one NorCal owner. “Excellent condition throughout with a very strong engine, perfect transmission, nice brightwork, new MXW tires, original interior, and an excellent body & paint. It's a pleasure to drive and drives exceptionally well.” 11 bids, sf 477, bf 20. Cond: 3-. SOLD AT $3,975. “Selling this car because my interests have changed and I will be loosing money.” You got that right. In this case the seller's framing of the situation backfired: Trying to make it seem like a bargain probably made it seem unwanted. The car was likely nice enough for double this selling price. #4633458380-1972 FERRARI 246 GT Dino coupe. S/N 03086. Red/tan. Odo: 44,878 miles. 11 photos. Seattle, WA. “This DINO is in excellent condition and ready to drive or become part of a collection. It clearly exhibits the sleek and extroverted, delicate and robust characteristics today that it did in 1972!” 124 Sports Car Market coupe. S/N 818330003935. Blue/red leather. Odo: 44,441 km. 24 photos. Chadron, NE. Bought in Italy by an American G.I., imported to the U.S. in 1982. 6,000 km on new engine installed in 1987. Four year old paint “good but not quite show quality.” Two pinholes of rust under mats, rear calipers seized. No high beams. Bumpers included. “The car runs and had some electrical issues and the exhaust replaced.” 12 bids, sf 131, bf 44. Cond: 3. SOLD AT $28,100. If a Urraco looked great, it would be in orange. Fair price for both parties. If the buyer had a thorough mechanical inspection, this price will continue to seem fair for a couple of months. #1900432130-1985 FERRARI 308 GTB coupe. S/N ZFFUA12A0F0056945. Black/ black. Odo: 85,285 miles. 23 photos (three of which are terrifying). Dallas, GA. “You #2700321357-1976 LAMBORGHINI URRACO P300 coupe. S/N 20240. Orange/ tan. Odo: 34,341 miles. 12 photos. Seattle, WA. Cosmetically, “quite good with only minor flaws from ten foot it looks like new.” Mechanically “spot on” with a “comprehensive service history” and ownership record. “The car has been dealer serviced and has recently

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Fresh Meat Online sales of recent production cars. 2007 AUDI S8 will never appreciate how clean this 308 is until you cast your eyes upon it in person.” Recent a/c service and $3,200 belt service. “Absolutely no drips or leaks whatsoever.” Driver's window motor is slow. Car cover, tool roll and spare tire included. 16 bids, sf 215, bf 0. Cond: 3+. SOLD AT $25,100. Many possible visitors might have been, um, intimidated by the flexing, flesh-colored bikini and fishnet of “professional bodybuilder” and 3rd-place Ms. Olympia, Annie Rivieccio. The seller chose not to publish the Q&A resulting from over 90k pageviews. More of a gargoyle than a hood ornament, Annie's gatekeeping ironically resulted in a 10% discount to market. #2300262492-1987 FERRARI TESTAROSSA targa. S/N ZFFSG17A4H0069005. Fly Yellow/yellow & black ostrich. Odo: 19,350 miles. 22 photos. Wildwood, MO. “This car is beautiful with no flaws. Drives wonderful.” Removable targa top. Interior is hysterically garish with black ostrich seats and a yellow pump).” Purportedly clean and excellent driving. 35 bids, sf 314, bf 315. Cond: 3. SOLD AT $52,400. Wouldn't it be cool if you could train eBay to call your cell phone whenever there is a nice blue #3 Ferrari selling for #4 money? Until then we'll just have to be more alert. I can't see any good reason for this four-figure discount. Well bought. #2700349741-2006 MASERATI COUPE dash, door panels, and gauge binnacle. Recent clutch. 2 bids, sf 21, bf 51. Cond: 2. SOLD AT $55,000. Bought by a dealer. This is #3 money for what might be a #2 car. It probably had something to do with seller's lack of a poker face: “I must sell this car this week so the reserve is quite low for a car of this caliber.” #1300362528-1991 LANCIA DELTA INTEGRALE hatchback. S/N ZLA831AB000532473. Red/gray velour. Odo: 80,000 miles. 6 photos. Milton, Ontario CAN. 3rd owner imported from Italy to Toronto area where it is titled. 0-60 in 5.5 seconds, care of a 200-hp 16-valve four driving all four wheels, WRC-style. “Nice and shiny” full repaint. “Just went for a full tune up last month, new tires, brakes, needs nothing.” 36 bids, sf 0, bf 0. 107, bf 167. Cond: 1. SOLD AT $66,000. Not knowing what delivery miles were on the car, we can calculate that sampling this Maser cost the first owner at least $300 per mile. Unlike sending an Italian meal back to the chef, being finicky with new cars will hit you right in the wallet. Maybe that billfold was so fat the seller didn't notice the $20,000 that fell out... Well bought.u January 2007 GT coupe. S/N N/A. Grigio Touring Silver/ black leather. Odo: 68 miles. 42 photos. Plano, TX. Sixty eight miles on a (technically) used car. “No signs of any previous body damage or accidents and has a clean CARFAX report. You will receive 2 remote keys with all owners' books.” Remainder of 4/50 warranty in effect. 1 bid closed with Buy-It-Now option, sf Cond: 3. SOLD AT $10,850. It will be another nine years before this car hits 25 years old and can be legally imported into the U.S. for road use. Relatively easy to find in Europe, it just wouldn't be worth it to put this one “on ice” in a Canadian self-storage locker until then. Price was market, though the market is about 3,000 miles east of the transaction. #1800267884-1995 FERRARI 456 GT 2+2. S/N ZFFSP44A1S0099978. Metallic blue/tan. Odo: 28,490 miles. 23 photos. Auburn, NH. “Stored in a heated garage and has been fully serviced (including the major service replacing the timing belt and the water Date sold: 10/22/2006 Sale location: eBay Motors #290040771643 Details: New, 28 miles. Brilliant Black over light gray. 450-hp 5.2-L V10. Premium Package and B&O sound system. On the ground early November. Sale result: $104,220, 1 bid Seller's feedback: 27 Buyer's feedback: private MSRP: $92,000 Other current offering: Autosport USA, Pompano Beach, FL, 954.590.1300, www. autosportusa.net, asking $110,010 for an allblack, all-options car. 2007 MERCEDES-BENZ CLS 63 AMG Date sold: 11/01/2006 Sale location: eBay Motors #200040470419 Details: New, 275 miles. In stock. Pearl White over charcoal. 507 hp, 475 ft-lb of torque. Options include Parktronic, Distronic, Premium package, and SMG. Sale result: $96,000, 14 bids Seller's feedback: 9 Buyer's feedback: 52 MSRP: $103,965 Other current offering: Mercedes-Benz of Augusta, Augusta, GA, 866.372.5493, asking $113,455 for a new black/black car with 10 miles. 2007 FERRARI 599 GTB Date sold: 10/20/2006 Sale location: eBay Motors #160040507048 Details: Exotic Cars of Caesar's Palace says, “You are bidding an amount OVER MSRP for a very early Ferrari 599. This car is spec'd red with tan interior and is a heavily optioned car.” S/N and delivery date N/A. Sale result: $160,100, 3 bids Seller's feedback: 8 Buyer's feedback: 14 MSRP: $370,000 Other current offering: Noneu 125

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Sales Tracker Top 200 Sales of 2006 The BIG List: Top 200 Sales of 2006 Ferraris bookend this month's list, from a $5.6m 412 S to a $409k Lusso O Rank 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 126 ver the past 18 years, SCM has assembled the world's largest database of collector car auction results. At 40,000 records and counting, the information provides a unique and valuable insight to the market. This month, as an example of the power of this data, we have pulled out the top 200 sales of 2006, as of the Gooding/Chandler auction on October 21. Our new book, Keith Martin's Guide to Car Collecting, will not only have listings for the top 1,000 sales, but also the top five sales by marque, as well as statistical analysis of market trends over the past five years. They can be ordered at www.sportscarmarket.com for $17.95, and books will be shipped in January. Sold Price Year Make $5,610,000 1958 Ferrari $4,320,000 1950 GM $3,905,000 1938 Talbot-Lago $3,645,000 1928 Mercedes-Benz $3,190,000 1934 Packard $3,024,000 1954 Pontiac $2,750,000 1960 Ferrari $2,640,000 1931 Duesenberg $2,585,000 1927 Bugatti $2,282,500 1957 Ferrari $2,255,000 1904 Mercedes $2,160,000 1970 Plymouth $2,145,000 1938 Talbot-Lago $2,097,000 1956 Jaguar $2,090,000 1965 Aston Martin $1,980,000 1933 Packard $1,925,000 1955 Maserati $1,815,000 1929 Bentley $1,815,000 1962 Shelby $1,762,300 1961 Ferrari $1,728,000 1947 Bentley $1,712,000 1938 Delahaye $1,705,000 1994 McLaren $1,650,000 1930 Duesenberg $1,650,000 1967 Ferrari $1,650,000 1935 Mercedes-Benz $1,650,000 1963 Shelby $1,650,000 1933 Packard $1,649,638 1952 Jaguar $1,601,250 1962 Shelby $1,595,000 1911 Mercer $1,540,000 1958 Ferrari $1,512,500 1953 Jaguar $1,485,000 1931 Bentley $1,410,741 1950 Talbot-Lago $1,375,000 1938 Bugatti $1,375,000 1955 Lincoln $1,305,970 1959/60 Ferrari $1,280,000 1952 Ferrari $1,265,000 1937 Bentley $1,265,000 1912 Oldsmobile $1,242,000 1970 Chevrolet Model 412 S Sports Racer Futurliner Parade of Progress Bus T150C SS Teardrop Coupe 26/120/180 Type S Torpedo Roadster LeBaron Twelve Runabout Speedster Auction Co. RM Barrett-Jackson Gooding Christie's RM Bonneville Special Motorama Concept Car Barrett-Jackson 250 GT SWB Alloy Comp Berlinetta Model J Special Phaeton Type 35C Grand Prix 500 TRC Spider RM Gooding Gooding RM 40/45hp Sport Touring Hemi 'Cuda Convertible T23 Teardrop Coupe XK D-type Racer DB5 1006 Twelve Sport 300S Racer Speed Six Dual Cowl Tourer Cobra 289 250 GT SWB Alloy Comp Berlinetta Mk VI Franay 135MS F1 Model J Sport Berline 212 E Montagna Racer 500/540K Cobra 289 Le Mans Racer 1006 Twelve Victoria XK C-type Racer Cobra 289 35R Raceabout 250 GT LWB Berlinetta Tour de France XK C-type Racer 8-Liter Sportsman Coupe T26C Type 57C Aravis Drophead Coupe Indianapolis Boano 250 Nembo 225 Sport Spyder 4-Liter Fixed Head Coupe 60hp Limited Chevelle SS 454 LS6 Convertible Gooding Barrett-Jackson RM Bonhams RM Gooding RM RM RM Location Monterey, CA Scottsdale, AZ Palm Beach, FL Monterey, CA Phoenix, AZ Scottsdale, AZ Amelia Island, FL Los Angeles, CA Pebble Beach, CA Monterey, CA Los Angeles, CA Scottsdale, AZ Amelia Island, FL Carmel, CA Phoenix, AZ Los Angeles, CA Phoenix, AZ Monterey, CA Phoenix, AZ Sportscar Auction Co. Geneva, CH Barrett-Jackson Bonhams RM RM RM Worldwide Group RM Gooding Christie's Mecum Gooding Gooding RM RM Christie's Gooding Gooding Coys Christie's RM Gooding Barrett-Jackson West Palm Beach, FL Carmel, CA Monterey, CA Monterey, CA Phoenix, AZ Seabrook, TX Amelia Island, FL Los Angeles, CA Paris, FR Belvidere, IL Los Angeles, CA Pebble Beach, CA Phoenix, AZ Amelia Island, FL Paris, FR Pebble Beach, CA Pebble Beach, CA Nuremberg, DE Monterey, CA Monterey, CA Los Angeles, CA Scottsdale, AZ Date 8/18 1/14 1/24 8/17 1/20 1/14 3/11 10/21 8/20 8/18 10/21 1/14 3/11 8/18 1/20 10/21 1/20 8/18 1/20 10/7 3/29 8/18 8/18 8/18 1/20 5/6 3/11 10/21 2/11 5/25 10/21 8/20 1/20 3/11 7/8 8/20 8/20 7/22 8/17 8/18 10/21 1/14 Lot # 465 1307 29 52 167 1304 142 59 44 472 22 1309 155 521 155 35 171 454 175 42 723 527 471 477 164 60 164 87 86 S511 62 68 150 153 125 38 57 233 18 479 56 1287 Sports Car Market

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Rank 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 January 2007 Sold Price Year Make $1,237,500 1964 Shelby $1,210,000 1941 Chrysler $1,210,000 1934 Duesenberg $1,188,000 1952 Chrysler $1,174,354 1936 Mercedes-Benz $1,145,804 1956 Maserati $1,107,000 1955 Ferrari $1,100,000 1939 Delahaye $1,100,000 1934 Packard $1,100,000 1932 Packard $1,100,000 1907 Renault $1,080,000 1953 Chevrolet $1,072,500 2004 Maserati $1,050,000 1911 Mercedes $1,045,000 1938 Bugatti $1,045,000 1971 Plymouth $1,001,000 1930 Duesenberg $990,000 1967 Ferrari $990,000 1965 Shelby $955,500 1965 Shelby $942,748 1955 Mercedes-Benz $935,000 1912 Rolls-Royce $935,000 1906 American Model Cobra 289 Competition Thunderbolt Model J Riviera Phaeton D'Elegance 540K Cabriolet C 150S Barchetta 750 Monza Spider 135MS Grand Sport Roadster 1108 Twelve 904 Deluxe Eight AI 35/45hp Vanderbuilt Corvette Roadster MC12 37/90 Skiff T57C Aravis Drophead Coupe Hemi 'Cuda Model J Lwb Dual Cowl Phaeton 275 GTB/4 GT350 R Cobra Competition 300SL Alloy Silver Ghost Touring Napier 60hp $935,000 1913 Pope-Hartford Model 29 $907,500 1929 Duesenberg $902,000 1929 Duesenberg $891,000 1961 Aston Martin $858,000 1911 Rolls-Royce $852,500 1951 Ferrari $852,500 1911 Simplex $845,300 1929 Duesenberg $836,000 1936 Mercedes-Benz $825,000 1934 Packard $819,825 1935 Maserati $797,500 1909 Lozier $787,500 1971 Plymouth $781,100 1956 Cadillac $781,000 1927 Bentley $776,000 1967 Ferrari $748,000 1972 Ferrari $748,000 1965 Shelby $742,500 1967 Ferrari $726,000 1937 Maserati $716,418 1958 Ferrari $715,000 1952 Chrysler $715,000 1937 Delage $715,000 1971 Plymouth $715,000 1914 Stutz $715,000 1930 Stutz $715,000 1931 Cadillac $715,000 1905 Panhard $704,850 1974-75 Gulf-Mirage $702,000 1970 Plymouth Model J Convertible Sedan Model J Convertible Coupe DB4 GT 40/50hp Silver Ghost 340 America 50hp Toy Tonneau Model J Murphy Convertible 540K Special Roadster 1108 Twelve Town Car 4CS-1100/1500 Type H Briarcliff Touring Hemi 'Cuda Eldorado Brougham Town Car Speed Six Fixed Head Coupe 275 GTB/4 Nart Conversion Spyder 365 GTS/4 Daytona Spyder GT350 R 275 GTB/4 Berlinetta 6CM Monoposto Voiturette 250 GT Spyder Thomas Special SWB Prototype D8 120 Drophead Coupe Hemi 'Cuda Bearcat Model M Supercharged Coupe 452 V16 Special Type Q Cosworth GR8 Endurance Racer Hemi 'Cuda Auction Co. RM RM Gooding Barrett-Jackson Coys Coys Bonhams Gooding Gooding Gooding Gooding Barrett-Jackson RM Worldwide Group RM Worldwide Group RM RM RM Mecum Artcurial RM Gooding Gooding RM Gooding RM RM RM Gooding RM RM Gooding Bonhams Gooding Mecum RM RM RM Gooding Gooding RM Gooding Coys RM RM Russo and Steele Gooding RM Gooding Gooding Bonhams Barrett-Jackson Location Monterey, CA Phoenix, AZ Pebble Beach, CA Scottsdale, AZ Monte Carlo, MC Monte Carlo, MC Carmel, CA Pebble Beach, CA Los Angeles, CA Los Angeles, CA Los Angeles, CA Scottsdale, AZ Monterey, CA Seabrook, TX Phoenix, AZ Seabrook, TX Phoenix, AZ Monterey, CA Amelia Island, FL Belvidere, IL Paris, FR Amelia Island, FL Los Angeles, CA Los Angeles, CA Rochester, MI Pebble Beach, CA Monterey, CA Monterey, CA Monterey, CA Los Angeles, CA Boca Raton, FL Monterey, CA Los Angeles, CA Monte Carlo, MC Los Angeles, CA Belvidere, IL Boca Raton, FL Monterey, CA Phoenix, AZ Pebble Beach, CA Pebble Beach, CA Phoenix, AZ Pebble Beach, CA Padova, IT Amelia Island, FL Monterey, CA Scottsdale, AZ Pebble Beach, CA Rochester, MI Los Angeles, CA Los Angeles, CA Sussex, U.K. Scottsdale, AZ Date 8/18 1/20 8/20 1/14 5/20 5/20 8/18 8/20 10/21 10/21 10/21 1/14 8/18 5/6 1/20 5/6 1/20 8/18 3/11 5/25 2/12 3/11 10/21 10/21 8/5 8/20 8/18 8/18 8/18 10/21 2/10 8/18 10/21 5/20 10/21 5/25 2/10 8/18 1/20 8/20 8/20 1/20 8/20 10/28 3/11 8/18 1/20 8/20 8/5 10/21 10/21 9/1 1/14 Lot # 159 146 60 1306 240 261 525 52 24 98 14 1311 460 63 143 50 135 462 137 S519 22 169 69 40 237 71 476 447 448 33 SP48 468 52 172 89 S571.1 SP41 489 159 77 80 170 55 125 162 449 S222 29 251 47 88 222 1324 127

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Sales Tracker Rank 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 128 Sold Price Top 200 Sales of 2006 Year Make $695,500 1965 Shelby Model Cobra Dragonsnake Racer $694,373 1963-64 Lola-Chevrolet Mk 6 GT Endurance Racer $693,000 1929 Duesenberg $687,500 1933 Packard $682,000 1938 Bugatti $682,000 1933 Cadillac $671,000 1937 Lagonda $662,602 1929 Duesenberg $660,000 1980 Ferrari $660,000 1964 Shelby $660,000 1931 Packard Type 57 Atalante Coupe V16 Model 452-C Convertible Phaeton LG45 Rapide Model J Convertible Coupe 312 T5 Formula One Racer Cobra 289 Dragonsnake Racer 845 Deluxe Eight $658,500 1930 Isotta Fraschini $649,000 1948 Cadillac $648,000 1971 Plymouth $648,000 2007 Shelby $643,500 1966 Shelby $632,500 1911 Mercedes $627,000 1931 Chrysler $621,500 1928 Cadillac $621,000 1956 Mercedes-Benz $616,000 1967 Ferrari $616,000 1914 Marmon $614,250 1969 Dodge $605,000 1930 Bentley $605,000 1968 Chevrolet $605,000 1957 Mercedes-Benz $605,000 1967 Shelby $595,425 1963 Ferrari $594,000 1966 Shelby $579,000 1972 Porsche $577,500 1948 Tucker $572,400 1932 Auburn $572,400 2005 Ford $566,280 1966 Shelby $565,000 1963 Porsche $557,000 1966 Porsche $556,200 1960 Lincoln $550,000 1966 Shelby $543,533 1965 Ferrari $541,080 1932 Packard $540,750 1964 Shelby $540,000 1963 Dodge $540,000 2005 Lamborghini $540,000 1956 Mercedes-Benz $533,500 1934 Packard $532,090 1935 Mercedes-Benz $531,744 1964 Porsche $522,361 1946 Cameron Millar $520,349 1966 Shelby $517,000 1931 Stutz $513,000 1970 Chevrolet $513,000 1968 Ford 8AS Boattail Convertible Custom Cabriolet Hemi 'Cuda GT500 Cobra 289 Competition 38/70hp Touring Imperial Dual Cowl Phaeton AND 1931 Chrysler Imperial Sedan V8 Town Sedan 300SL 275 GTB/4 41 Speedster Daytona Speed Six Le Mans Tourer Corvette Stingray Racer 300SL Roadster Cobra 427 250 GT Berlinetta Lusso Competizione Cobra 427 917/10 48 Torpedo 12 Boattail Speedster GT Cobra 427 904 906 Carrera 6 Continental Mk V Elvis Presley Limousine Cobra 427 275 GTB/6C Berlinetta Series 904 Custom Dietrich Convertible Victoria Cobra 289 Polara Custom 2-Door Gallardo 300SL Twelve Runabout Speedster 500K Kombination Roadster 904 GTS 250F CM4 Cobra 427 DV-32 Speedster Phaeton Chevelle SS 454 LS6 Convertible Mustang 428 CJ Fastback Model J Clear Vision Sedan 1006 Twelve Auction Co. RM Bonhams RM Gooding Gooding RM RM H&H Gooding RM Gooding Christie's RM Barrett-Jackson Barrett-Jackson Russo and Steele Gooding Gooding RM Barrett-Jackson RM Gooding Mecum RM RM RM Russo and Steele Bonhams Barrett-Jackson Bonhams RM Kruse Barrett-Jackson Russo and Steele Christie's Bonhams Barrett-Jackson RM Bonhams Leake Mecum Barrett-Jackson Kruse Barrett-Jackson RM H&H Osenat Artcurial Coys Gooding Barrett-Jackson Barrett-Jackson Location Boca Raton, FL Sussex, U.K. Amelia Island, FL Los Angeles, CA Pebble Beach, CA Rochester, MI Monterey, CA London, U.K. Palm Beach, FL Monterey, CA Los Angeles, CA Greenwich, CT Monterey, CA Scottsdale, AZ Scottsdale, AZ Monterey, CA Los Angeles, CA Pebble Beach, CA Phoenix, AZ Scottsdale, AZ Phoenix, AZ Pebble Beach, CA Kissimmee, FL Phoenix, AZ Phoenix, AZ Monterey, CA Scottsdale, AZ Monte Carlo, MC Scottsdale, AZ Carmel, CA Monterey, CA Auburn, IN West Palm Beach, FL Scottsdale, AZ Monterey, CA Carmel, CA Scottsdale, AZ Boca Raton, FL Monte Carlo, MC Tulsa, OK Belvidere, IL Scottsdale, AZ Auburn, IN Scottsdale, AZ Amelia Island, FL London, U.K. Paris, FR Paris, FR Oxfordshire, U.K. Los Angeles, CA Scottsdale, AZ Scottsdale, AZ Date 2/10 9/1 3/11 10/21 8/20 8/5 8/18 5/24 1/24 8/18 10/21 6/4 8/18 1/14 1/14 8/18 10/21 8/20 1/20 1/14 1/20 8/20 1/27 1/20 1/20 8/18 1/20 5/20 1/14 8/18 8/18 8/30 3/29 1/20 8/17 8/18 1/14 2/10 5/20 6/9 5/25 1/14 8/30 1/14 3/11 5/24 6/18 2/12 8/26 10/21 1/14 1/14 Lot # SP23 211 140 28 64 264 464 55 23 181 93 9 443 1319 1259.1 S257 78 47 180 1299.1 154 32 X13 174 161 475 S223 194 1291 519 458 1047 5001 F227 26 510 1316 SP30 254 2471 S530.1 1292.1 1449 1310 154 44 566 48 131 16 1320 1274.1 Sports Car Market

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Rank 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 January 2007 Sold Price Year Make $506,000 1910 Locomobile $506,000 1933 Pierce-Arrow $502,000 1929 Duesenberg $495,000 1931 Cadillac $495,000 1914 Rolls-Royce $495,000 1933 Lincoln $495,000 1934 Packard $489,500 1962 Chevrolet $486,000 1969 Chevrolet $486,000 1969 Chevrolet $486,000 1970 Plymouth $484,000 1914 Packard $477,000 1972 Lamborghini $475,651 1983 Lancia-Martini Model Type 1 Touring 1247 12 Model J Convertible Sedan V16 Sport Phaeton 40/50hp Silver Ghost Model KB Convertible Sedan 1108 Twelve Sport Corvette Camaro SS Baldwin Motion Camaro ZL1 Hemi 'Cuda 3-48 Touring Miura P400 SV LC 2 Endurance Racer $474,345 1946 Frazer Nash-BMW 328 $473,000 1965 Ferrari $473,000 1932 Marmon $472,811 1937 Maserati $467,747 1947 Alfa Romeo $467,500 1937 Bugatti $467,500 1909 Pierce-Arrow $455,175 1956 Ferrari $455,000 1930 Packard $452,800 1953 Fiat $449,500 1931 Packard $445,500 1965 Aston Martin $445,358 1904 CGV $442,800 1967 Shelby $440,000 1932 Lincoln $432,000 1935 Auburn $432,000 1959 Mercedes-Benz $432,000 1968 Shelby $430,500 1956 Mercedes-Benz $429,000 1952 Ferrari $429,000 1912 Packard $427,125 1938 Delahaye $426,600 1937 Alfa Romeo $424,100 1965 Shelby $423,500 1969 McLaren $423,500 1959 Mercedes-Benz $420,245 1965 Shelby $418,572 1956 Ferrari $418,000 1957 Mercedes-Benz $418,000 1956 Mercedes-Benz $418,000 1933 Pierce-Arrow $417,126 1959 Mercedes-Benz $415,596 1964 Ferrari $412,500 1965 Chevrolet $412,500 2005 Porsche $412,500 1966 Shelby $410,666 1993 Williams-Renault $410,000 1970 Pontiac $408,923 1964 Ferrari 275 GTB/2 Sixteen Convertible Sedan 4CM 6C 2500 SS Type 57C Ventoux Model 48SS 250 GT Alloy Berlinetta 734 Speedster-Roadster 8V Ghia Supersonic Deluxe Eight DB6 Short Chassis Volante Phaeton Modele H1 6 1/4-Liter GT500 Model KB Dual Cowl 851 Boattail Speedster 300SL Roadster GT500 KR 300SL 212 Touring Barchetta ATD 3-ton Sightseeing Bus 135M Cabriolet 6C 2300 MM Cobra 427 M6GT Coupe 300SL Roadster Cobra 289 250 GT Boano 300Sc Convertible 300SL Twelve Convertible Sedan 300SL Roadster 500 Superfast Chevelle Z16 Carrera GT Cobra 427 FW16C Formula One Racer GTO Judge Ram Air IV Convertible 250 GTL Lusso Auction Co. Gooding Gooding Bonhams RM RM Gooding Gooding Gooding Barrett-Jackson Barrett-Jackson Barrett-Jackson Gooding Christie's Artcurial Bonhams Worldwide Group Gooding Christie's Coys RM Gooding Bonhams Christie's Location Los Angeles, CA Los Angeles, CA Carmel, CA Rochester, MI Rochester, MI Los Angeles, CA Los Angeles, CA Palm Beach, FL Scottsdale, AZ Scottsdale, AZ Scottsdale, AZ Los Angeles, CA Monterey, CA Paris, FR Sussex, U.K. Seabrook, TX Los Angeles, CA Paris, FR Monte Carlo, MC Monterey, CA Los Angeles, CA Monte Carlo, MC Greenwich, CT Sportscar Auction Co. Geneva, CH Christie's RM Christie's Barrett-Jackson Gooding Kruse Barrett-Jackson Barrett-Jackson Bonhams RM Gooding Bonhams Kruse Monterey, CA Phoenix, AZ Paris, FR Scottsdale, AZ Los Angeles, CA Scottsdale, AZ Scottsdale, AZ Scottsdale, AZ Carmel, CA Phoenix, AZ Los Angeles, CA Monte Carlo, MC Seaside, CA Sportscar Auction Co. Geneva, CH RM Phoenix, AZ Gooding Bonhams Coys Gooding RM RM Coys Artcurial Russo and Steele Russo and Steele RM Artcurial RM Artcurial Los Angeles, CA Sussex, U.K. Nuremberg, DE Pebble Beach, CA Monterey, CA Amelia Island, FL Padova, IT Paris, FR Scottsdale, AZ Monterey, CA Monterey, CA Paris, FR Boca Raton, FL Paris, FR Date 10/21 10/21 8/18 8/5 8/5 10/21 10/21 1/24 1/14 1/14 1/14 10/21 8/17 2/12 9/1 5/6 10/21 7/8 5/20 8/18 10/21 5/20 6/4 10/7 8/17 1/20 2/11 1/14 10/21 1/26 1/14 1/14 8/18 1/20 10/21 5/20 8/17 10/7 1/20 10/21 7/7 7/22 8/20 8/18 3/11 10/28 2/12 1/20 8/18 8/18 6/12 2/10 2/12 Lot # 85 75 548 229 265 71 42 27 1290 1322 1274 74 11 57 245 85 97 105 259 473 46 200 21 37 48 166 73 1326 50 2750 1308 1290.1 529 179 92 155 410 36A 188 37 560 247 70 463 167 143 46 S232 S248 169 29 SP36 51 129

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Motobilia Carl Bomstead Dedicated Diggers Score at Hershey Many collectors lamented the fact they stayed out in the sun, after they discovered what was being offered in the tent B onhams held its second auction at the Hotel Hershey, on October 5, during the AACA Fall Meet, and presented over 700 lots of automobilia. The actual number of items offered must have numbered in the thousands, as many lots included multiple items. Several lots of signs included seven or eight pieces, so previewing the auction was a must if you were looking for bargains, and that was a problem. Thursday was a glorious clear day for central Pennsylvania, and many people chose to work the field in the warm sun rather than digging through boxes of stuff in an auction room. As a result, bargains were plentiful, but you had to have spent time and effort to determine what you were bidding on. Many seasoned collectors/dealers lamented the fact they chose to stay out in the sun when they discovered the magnitude of what was being offered. The majority of the box lots sold for a fraction of their total value, so I'm willing to bet eBay will soon be filled with leftovers. A Thursday evening automobilia auction has been a long standing tradition at Hershey, and Bonhams appears to be on track to take it to the next level. excellent condition. Rather than an automobile, it featured an early sailing vessel. Something was going on here that few in the room understood as the bidding flew past the estimates. It was obviously rare, but I had no idea it would sell for this kind of money. At least two people had to have it. LOT 95. 1:2 SCALE MODEL OF ALFA ROMEO P2. Estimate: $6,000–$8,000. SOLD AT: $4,973. A handmade riveted body of Alberto Ascari's Grand Prix Alfa race car. Reduction gearing allows 90 minutes of battery power driving at 8 mph. Just the thing to get your grandkids introduced to racing at a tender age. I doubt if you could build one for the price paid here. LOT 245. 1949 ILLINOIS MANUFACTURER LICENSE PLATE. Estimate: $400–$500. SOLD AT: $1,287. The number 1 set was issued to the Tucker Corporation and this plate would have been for one of the 51 Tuckers made. Another of these plates was offered on the Hershey field and quickly sold for less than half of what was paid here, so it pays to be in the right place at the right time. never find them piece-meal for this price. original badges. At $35 a piece, how far wrong can you go? The question is what in the heck do you do with them? The buyer said he was going to hang them in his barn for decoration until he found a better use. His wife just looked at him with glazed eyes. LOT 302. BOESCH “RIGHT-O-WAY” SAFETY RADIATOR CAP. Estimate: $200–$300. SOLD AT: $140. This type of illuminated radiator cap was popular in the early days of motoring. They were illuminated with red and green to warn oncoming motorists of your direction of travel. Stated to be rare, but this was the third one I've seen in the past few months. This was far and away the least expensive of the bunch and sold for a song. LOT 206. COLLECTION LOT 166. 1930s BAHAMAS CAR BADGE. Estimate: $800–$900. SOLD AT: $6,435. This colorful and attractive badge dates from the '30s and was in 130 OF 29 POLITICAL LICENSE PLATE TOPPERS AND BADGES. Estimate: $400–$600. SOLD AT: $468. One of a number of mini-collections sold here, which included “I Like Ike,” “Vote Landon,” “Coolidge for President,” and “Repeal the 18th Amendment.” If you took the time to paw through them, there were some real bargains. At a touch over $15 a piece, you'd LOT 272. GROUP OF 15 RADIATOR SHELLS. Estimate: $400–$500. SOLD AT: $527. Most of these were in poor condition, but a few still had their LOT 305. CHEVROLET QUOTA TROPHY MASCOT DATED OCTOBER 1927. Estimate: $250–$350. Sports Car Market

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SOLD AT: $527. Chevrolet must have sold a ton of cars in 1927 based on the number of these quota-making mascots that show up. Prices range all over the board, with some having sold for over $2,000. This one was in decent condition and would have to be called a bargain. Special Cuvee Champagne rather than on their hands and knees pawing through the box lots in the auction room. best, with scuffs, dents, and paint loss, so the price paid was not out of line. In better condition it could easily bring over $1,000. LOT 353. GROUP OF LOT 310. LOCKING “CAPITAL CAP” WITH TOTEM MASCOT. Estimate: $250–$350. SOLD AT: $702. This totem pole mascot had touches of the original hand painting remaining and was mounted on a unique locking radiator cap. It's American in origin and dates from the '20s. The cap sold for the right money so the estimate was off the mark on this one. SIX RADIATOR EMBLEMS. Estimate: $75–$125. SOLD AT: $1,053. Estimates were way out of whack here, as any one of the badges in this lot would bring at least $200. The Rickenbacker, Revere, and Pathfinder badges are worth what was paid, so the other three were free. Well bought. LOT 498. GREAT EASTERN MOTOR OIL PORCELAIN DOUBLE SIDED SIGN. Estimate: $600–$800. SOLD AT: $14,040. This was a very colorful and unusual 30-inch sign from an obscure producer. Condition was acceptable and it featured an early paddle-wheeler. Two determined sign collectors went toe-to-toe and the final price paid was a bit over the top. I think the final bid was about $5,000 too high, but then I don't need one to complete a collection. And if I did, I don't know where I would find another one. LOT 544. TWO FORD PORCELAIN SIGNS. Estimate: $100–$150. SOLD AT: $1,287. Both signs were in decent condition, with no glaring chips or dings. Ford stuff can be a tough sell, as most Ford guys are not known for their free spending habits. As such, price paid was about right. LOT 344. GROUP OF FOUR DUESENBERG EMBLEMS AND BADGES. Estimate: $150–$200. SOLD AT: $936. Included in this lot was a very desirable Duesenberg firewall plaque and a radiator badge. Price paid was well over the estimates but still a killer buy. The Duesenberg guys must have been in the bar sipping Bollinger LOT 467. GENERAL PETROLEUM GASOLINE AND LUBRICANTS PORCELAIN SIGN. Estimate: $300–$400. SOLD AT: $1,170. This 30-inch double-sided sign was in decent condition with a few bruises and touch-ups. General Petroleum became part of the Mobil Empire, so the main interest here is among West Coast collectors. Again, estimates were not realistic and the price paid was well under the money. Another $500 would not have been out of line. LOT 561. MICKEY LOT 518. RICHLUBE ONE GALLON MOTOR OIL CAN. Estimate: $100–$150. SOLD AT: $644. This was a very desirable can with the image of a period race car. Condition was not the MOUSE STANDARD GASOLINE PAINTED TIN SIGN. Estimate: $1,500–$2,000. SOLD AT: $2,808. This is one of a series of Disney Standard Oil signs that date to the early '40s. They were thought to be inserts for the spare tire on taxi cabs. Condition was very acceptable, with only minor edge wear. Price paid was light, so the buyer should be smiling, and should keep smiling even if he has to step up big time when and if he finds the others in the set.♦ January 2007 131

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SCM Gallery Featured Artist Charles Maher: A Man of Many Styles I can always do something realistic if I put in the time. Looser stuff, you get one chance to do it, and either it works or it doesn't by Kristen Hall-Geisler “Porsches at Daytona” C harles Maher has always been an artist, and he admires heavyweight painters such as Rembrandt, Van Gogh, and Whistler. With such masters from whom to draw inspiration, why is Maher painting cars? Two simple reasons: He is intrigued by the reflections found in smooth paint and shiny chrome; and he had to change his major. Maher attended the University of Notre Dame intend- ing to follow his father's advice and pursue a career in business. The elder Maher had a deep practical streak—he once toyed with the idea of buying a convertible T-bird in the early '60s, going so far as to bring it home overnight before returning it to the lot the next morning. Luckily, Maher had an astute advisor at Notre Dame who noticed his artistic bent and directed him toward industrial design, with an emphasis on studying transportation. Maher's decision-making process was helped along when he learned that Ford and GM made recruiting visits to the school; employment with them would keep him from the ranks of starving artists. In 1968, Ford hired Maher, only to lay him off in the mid-'70s along with many others. A friend who had lost his job in the same round of cuts became the chief designer for Bricklin, and hired Maher as a freelance de- Charles Maher Past President, National Automotive Artists Association; Member, AFAS Poster commissions: Woodward Avenue Dream Cruise, Cincinnati Concours, Dayton Concours, Gilmore/Classic Car Club of America Museum Magazine covers: Sports Car Market, AutoWeek Buy yours: www.sportscarmarket/artist-gallery 132 signer working outside of Detroit. “The hood scoop was pretty much my idea. Looking back, though, it wasn't a very good car overall. It came together pretty quick, so what looked good then didn't stand the test of time.” Following his stint at Bricklin, he worked for a graphics firm in Detroit for 14 years before deciding, in 1988, to become a full-time artist with the idea of exhibiting his work. WORKING WITH STRONG FLAVORS In his paintings, Maher emphasizes the color and drama of the cars and their en- vironment. He attributes his attraction to vivid colors to the fact that he's partially colorblind. “My friends bet on whether I can discern colors or not. It's better to have it out in the open.” He didn't know he saw colors differently until he was in college. “Someone had gotten some stains on their clothing, and I couldn't see them. I thought they were messing with me, and they thought I was messing with them. So I took a colorblindness test, and the first plate the doctor showed me, I couldn't make out any differentiation.” To combat this, Maher keeps a chart he made of acrylic paint colors in sequence on his wall. He then puts a drop of water in each swath of color and lets it run down the paper so that he can see the different intensities one hue can deliver. “For me, it's things like muted tones—mauves and taupes—that I have a hard time with. Bright colors are like strong flavors. I probably stay away from delicate colors that other people might like. “I also have trouble with skin tones. They're too subtle, and somehow turn out a little bit greenish, people tell me. When I'm painting skin, I'm working more with light and dark tones than actual colors. I run any portraiture I do by my wife before putting it out there,” he says with a laugh. LOOKS, LIGHT, AND FLUIDITY Though he'll occasionally work from a car parked in front of him, and even more occasionally will “wing it” without a reference image at all, Maher usually paints in his Bloomfield Hills, MI, studio from photographs he has taken. This is how he created one of his favorite paintings, “Porsches at Daytona.” “I had press credentials and could go anywhere I wanted to. I found a pretty empty section of the infield, sat down, and took pictures for a half-hour of cars as they came around the corner individually. When I got Sports Car Market

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home, I built the composition so they're all coming around at the same time.” Maher is a fan of most cars, and he can talk shop about a variety of them. This plays into his painting, as does the ambiance surrounding a subject. “A lot of how I choose a subject car is what it looks like, and light, and maybe some race history. But it's visual aspects as much as anything.” Such visual aspects are present in his portrait of a Ferrari 512 endurance racer in the paddock at Watkins Glen. “A burst of light was coming from behind, the doors and rear compartment were opened up, and there was a yellow air hose lying in the foreground.” Perhaps no painting better exemplifies the strong colors and Old Master-like lighting Maher strives for in his work. Maher's style, while recognizable, is not set in stone. Take, for example, his portrait of an Audi R8 at Sebring. He calls it “Jackson Pollack-y,” heavily criss-crossed with paint drips and splatters. “Most car people, they like realism and specifics. I had fun with that picture, but for the car crowd it's too much out of left field. I can always do something realistic if I put in the time. Looser stuff, you get one chance to do it. Either it works or it doesn't.” He cites another example of his looser style: “‘Clark/Lotus/F1 (Tasman 68)' is a big canvas, for me, at 30 inches by 45 inches, and I used two- and three-inch throwaway bristle brushes. I laid down a pencil sketch first and had six coffee cups of colors mixed up. It was real rough and loose. A painting like that goes quick, and if you get it right, you can have something pretty nice in not much time. With cars like these, if you nail the ellipse in the wheel and the suspension, the shape of the body isn't so important.” Though all artistic projects are currently on hold while Maher refinishes his studio, he plans to resume not just with painting, but with sculpture as well. “I want to have something emerging from a block of wood, with more and more detail as you reach the front of the car. I'd like to do a simpler shape, like a cigar-shaped F1 car from the '60s or early '70s. I think technically, I could probably do it.”u KRISTEN HALL-GEISLER is a former editor of Sports Car Market. “Ferrari 512” “Audi R8 at Sebring” January 2007 133

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Bike Buys Paul Duchene NSU Kettenkrad HK 101 Performance figures suggest that Kettenkrads were capable of 50 mph, which must have been a noisy and thrilling business P robably the most outrageous motorcycle ever seriously produced crawled out of the NSU Werke of Neckarsulm, Germany, in June 1939. The company had been forced out of the large motorcycle market when the Nazis standardized industrial production, so designer Ernest Kniepcamp invented a tracked motorcycle for the military. “Crawled” is the operative word for the introduction, as Kniepcamp's creation resembled a cross between a dispatch rider's bike and a tank. The official designation was “Kleines Kettenkraftrad SdKfz 2,” but it was abbreviated to the slightly less clunky “Kettenkrad” soon after. WEHRMACHT UNDERWHELMED The original specification called for a fast, tracked vehicle able to move small loads in mountainous areas, but the German Wehrmacht was initially underwhelmed by the idea, preferring to depend on its BMW and Zundapp motorcycle combinations, which often had a powered sidecar wheel as well. “Later, when German troops were stuck in deep Russian mud, the army remembered the Kettenkrad and forced it into production,” says Andreas Melhorn, probably the world's leading authority on Kettenkrads (not a crowded field). Kettenkrads entered service with the Wehrmacht in June 1941 and numerous photos show them plastered with mud and snow in Russia, in Western Europe after D-Day, and billowing sand with Rommel's legendary Afrika Corps in Libya. Kettenkrads often towed a specially made trailer and carried a crew of three. Despite some handling idiosyncracies, the Kettenkrad was remarkably successful and 8,345 had been built by war's end. Stettin-based automaker Stoewer also pitched in to make them from 1943 and even Simca made spares in Paris, though no complete vehicles. A further 550 Kettenkrads were assembled by NSU between 1946 and 1949, for use as orchard tractors and there are rumors of some being sent to the U.S. for evaluation by the Forest Service. Perfect Kettenkrad owner: Works for FedEx in Gstaad Rating (HHHHH is best): Fun to ride: HHHHH Ease of maintenance: H Appreciation potential: HHHH Attention getter: HHHHH Years produced: 1940–49 Number produced: 8,871 (1941–45); 550 (1946–49) Original list price: RM 6,810 in 1947 (at 10 marks per $1) SCM valuation: $12,500–$40,000 Tune-up/major service: You're on your own, get the book Engine: 1,478-cc, 4-cylinder, watercooled OHC Transmission: 3 x 2 with 2 reverse Weight: 2,726 lbs Engine number: Left side of block Frame number: On steering head Colors: Gray, desert sand, green Club: German Military Vehicles Club, Klaus Helmut Kötting (Chairman), Am Ziegenberg 19, D-34513 Waldeck, Germany More: www.kettenkrad.de/index_e.htm and www.kettenkrad.com/ 134 INGENIOUS DESIGN So how does it work? The Kettenkrad is an ingenious design, powered by a 1,500 cc engine from the pre-war Opel Olympia sedan. It's steered by handlebars through a motorcycle wheel, which carries less than 300 lbs of the 2,726 lb total weight. The driver (or rider) sits above the Opel engine, which is turned around, like a Citroën DS19, so that the gearbox is in front and the radiator behind the engine. The rider is flanked by two sets of tracks and power is taken to the leading wheels via a differential beneath his feet. The steering is ingeniously effective. When the bars are turned, the brake on the wheel inside the turn is applied separately, slowing the track on that side and slewing the Kettenkrad much like a tank. Performance figures suggest that Kettenkrads were capable of 50 mph, which must have been a noisy and thrilling business, even on smooth ground. Melhorn, who lives in in Brunswick, Germany, owns three Kettenkrads—including one that is road-registered—and he maintains an excellent website (www. kettenkrad.de). Melhorn estimates there are about 500 surviving Kettenkrads, most in museums and private collections, which is a significant survival rate, considering the war's outcome. He notes disappointedly that not many are driven, though he put 160 miles on his during a three-day vacation. EARLY MODELS RARER Early Kettenkrads have detail differ- ences to wheels and instruments and are rarer than later models, he says. The original model was designated HK 101 and a longer wheelbase variant is the HK 102. Variations include a couple of cable-laying models, as Kettenkrads were used to establish front-line communications. About 50 HK 102s were the basis for “Springer” demolition vehicles built late in the war. The critical element in buying a Kettenkrad is that it be as complete as possible, Melhorn says. “Some parts are very hard to get, though there are people in Czechoslovakia making reproduction parts,” he says. Repro parts include rubber pads for the tracks, enabling the vehicle to be used on the street. Melhorn says new pads can be bonded onto existing tracks. If you've done the math and looked at photos, you can guess that Kettenkrads—though heavy—are tall and narrow and must be handled with respect. Many Kettenkrads killed their drivers when they turned over on steep slopes and Melhorn reports a friend just lost his thumb when his Kettenkrad flipped and smashed his hand. But he is enthusiastic about the Kettenkrad's perfor- mance. “It's the vehicle with the best off-road capabilities in the world. You can even tow other vehicles out of the mud,” he says. The downside, he admits, is that you really need a flatbed trailer to take it to military shows any distance away. NO NEW ONES IN CRATES And don't expect to find a new Kettenkrad in a crate, says Melhorn. “That's like the brand-new Jeep myths,” he says (although he did find a crate with 100 brand new rubber track pads). Melhorn says the best place to look for a Kettenkrad is the classifieds at www.milweb.net, or those in the German MARKT magazine. Expect to pay about 35,000 Euros ($43,000) for a good-running Kettenkrad, with a basket case (a BIG basket) beginning about 10,000 Euros or $12,500. Any Kettenkrad should draw stories that haven't been told in over 50 years, such as I heard at the Reno Air Races two years ago when an old and very upright man asked to sit in a Messerschmitt Bf-109… just once more.u PAUL DUCHENE has been riding, racing and wrenching on motorcycles for 45 years, and has the scars to prove it. His articles on new and collectible cars and motorcycles have appeared in the New York Times, the Chicago Tribune, and the Oregonian. Sports Car Market Andreas Melhorn

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ORDER YOURS TODAY! Just $17.95, plus shipping. (Ships January 2007) Keith Martin's Guide to Car Collecting is an almanac worth its weight in vintage Weber carburetors. Create especially for fans of collectible cars and Sports Car Market. Filled with over 300 pages of incisive articles, hard data, market analysis, and the world's largest resource directory for collectors. Also Available $19.95 each plus shipping. To Order: Phone 800.289.2819; Fax 503.253.2234; Online at www.sportscarmarket.com www.sportscarmarket.com

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Mystery Photo Answers What's that old saying about Ferraris and small peckers? —Andrew W. Davis, Belleville, MI RUNNER UP: Polly kept screaming “Fiberglass” at the judges. She's at the taxidermist now.—Steve Simons, Danville, CA Best of Show? Ha! After I get done with this sign, you're next.—Patrick Price, Chico, CA Some concours may want to exam- ine their judge selection processes a little closer.—David Harris, Colorado Springs, CO When will Greg stop using that dumb horse symbol and upgrade to something appropriate to the marque… like a parrot?—Evan Collins, Oklahoma City, OK Like my English grandfather used to say, “You can always get the best looking birds when you drive a Ferrari.”—Bob Peterson, Brooks, GA Sqwaaaakkk! Polly wants a Lusso! Polly wants a Lusso!!! Sqwaaakk!—Tim Wright, Glendale, AZ Polly want a cracker? “No, Polly want a Ferrari.”—Chuck Taylor, Cypress, CA Exotic bird contemplates boffo performance astride prancing stallion at Circus Circus.—Del Bowman, Rancho Mirage, CA “Arrgk...Polly found the treasure...Arrgk... Polly found the treasure.”—John S. Wright, Diablo, CA Ironically and tragically, at the same mo- ment that Bob repeated to Polly the phrase, “It's a prancing horse, it's a prancing horse,” Polly's keen eyesight spied a tasty looking ba- USAPPRAISAL This Month's Mystery Photo Response Deadline: December 25, 2006 Our Photo, Your Caption Be the author of the most accurate, creative, or provoca- tive response and receive a sure-to-be-collectible-someday 1/18-scale collector car model, courtesy of USAppraisal. Ties will be arbitrarily and capriciously decided. Fax your response to 503.253.2234; email: mystery photo@sportscarmarket.com; snail mail: Mystery, P.O. Box 16130, Portland, OR 97292. Please include your name and contact information. Send us your mystery photo. If we use it, you'll get an of- ficial “SCM Fright Pig Inspector” cap. Email photos at 300 dpi in JPEG format. 136 Sports Car Market guette crumb lodged deep within the Ferrari's eggcrate grille, just in front of the aftermarket electric fan. We miss Polly.—Norman Vogel, San Francisco Before Tom Barrett started his company, many birdbrains flocked to the Parrot-Jackson Auction in Bird Island. All cars were sold on bill of sale. Top Flight Classics like this high-flying Ferrari were bought for chicken-feed.—Randy Zussman, Las Vegas, NV Ferrari? What Ferrari? Who's the blonde in the little black dress?—Dan Norton, Lenexa, KS Disney releases its next film: “Pirates of Pebble Beach.” Regrettably, the movie bombs when critics misinterpret Johnny Depp's portrayal of Ferraristi Jack Sparrow as a work of non-fiction.”Yeah, they all dress and talk like that,” remark Ebert and Roeper. “So what was the point?”—Jay Mackro, San Juan Capistrano, CA Now that I've put my deposit on it I can't wait till it's mine.—Stan Swartz, Bradenton, FL Think that Ferrari is blue? Wait till you see the owner after my fly over.— Tom Rodberg, Irvine, CA Mark my words...Gawwk...some day the SCM price guide will list Parrots.—Jim Taylor, Corona, CA During Polly's tortured recovery from cracker addiction, the vision of Katherine the Great and large horses became an obsession.—Fred Schmidt, Silver Spring, MD Forget the cracker, I want a Ferrari.—Brian Scagnelli, Bergenfield, NJ Come one step closer, and I will show what I can do to your shiny car.—Steve Thomas, Bronxville, NY Look at that shine. Must be POLYwax.— David Robinson, Marietta, GA Hey, don't you prance at me chrome horse. You're looking at something here with a real live pecker.—Jim Bender, Columbus, OH Polly wants a Lamborghini.—Rob Bennett, Traverse City, MI For his insight into the study of both avian and equine science, this month's winner, Andrew W. Davis, will receive his very own 1:18-scale future collectible courtesy of Dave Kinney's USAppraisal.u

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Comments With Your Renewal Your magazine inspired me to start a business. Wee, easy money!—R & S Ageless Autos, La Crosse, WI. If you're making easy money in the collector car business, feel free to share your secret with the rest of us.—ED Love the magazine, but would like to read more stories about individual collections, how they got started, etc.—D. Voliva, Long Beach, CA More news on ACFA Fiat is- sues, cars, USA entry, etc. Too much muscle cars—A. Perri, Grosse Pointe, MI More bikes, fewer hot rods. Great overall pub.—P. Cassel, Albuquerque, NM Continue to follow and cover the entire collector car market, including sports cars, classics, hot rods, and muscle cars.—D. Miller, Hansville, WA More discussions about the practice of chandelier bidding. I worry how it seems so widely acknowledged, but not stopped. Great job, my favorite mag.—L. Pugh, New Orleans, LA Keep up the great work, in- cluding those crosswords.—R. Wojszynski, Pittsburgh, PA Put artwork back on the front cover.—D. Spall, Anderson, IN Your writers are a breath of fresh air, very professional.—M. Palmer, Tamworth, NH Great performance guide, keep up the great work.—C. Genone, Palm Coast, FL I like the reminder of why I'm better off not buying a Ferrari, even though it's a nice dream. I enjoy the attention you pay to “real world” cars for us regular Joes.— J. Rutherford, Phoenix, AZ Thanks so much for a really great magazine.—J. Sadock, Jr., Boca Raton, FL I love my '74 Alfa GTV. Maybe an article of suggestions for Alfa owners who need to rebuild their engines…a how-to for performance and reliability?—M. Michael, Carmichael, CA Glad to see the Martin Rating system absent from the past few issues. You can't create the market, it is what it is.—T. Witzel, Mountain View, CA. The Martin Ratings are just another way to evaluate a car's collectibility, hopefully in a way that stimulates discussions not related to dollar values. Look for it in our downloadable Insider's Guides, as well as in our new book, Keith Martin's Guide to Car Collecting, due from Motorbooks in mid-December.— ED As a new subscriber, I love the magazine. Continued success.—J. Hayes, Kernersville, NC Just finished the November is- sue. They just keep getting better and better and better.—J. Juratovic, Brooksville, FL Always nice to see a Corvette in the “center fold.” Great article.— Kibby Riedman, Portland, OR Thanks for all your thoughtful comments.—EDu SCMGOLD? What is SCM GOLD membership gives you access to over 40,000 auction records. Each month in the magazine, we deliver reports from auctions around the world on what sold, for how much, and why. Only part of what our auction analysts turn in makes it to print, but every car they report on is available online to GOLD members. Everything You Get With GOLD Membership: Full Access to Over 40,000 Online Auction Reports Gold-Only Emails Informing You of Insider Information and Updates on Sales from Around the World Access to Our Full Online Price Guide Invitations to Special Events and SCM Gold-Only Offers Sign up online at www.sportscarmarket.com Just $60 a year. (Isn't it worth $5 a month to know what's really going on?) January 2007 137

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SCM Showcase Gallery Sell Your Car Here! Includes SCM website listing. Showcase Gallery Full-Color Photo Ad Just $44/month ($66 non-subscribers) Text-Only Classified Ad Just $15/month ($25 non-subscribers) 4 ways to submit your ad: Web: Visit sportscarmarket.com/classifieds-post.php to upload your photo (300 dpi jpg) and text, or text only. Secure online Visa/MC payments. E-mail: Send photo (300 dpi jpg) and text, or text only, to scmadvert@sportscarmarket.com. We will call for your VISA/MC. Fax: Attention Showcase, to 503.253.2234 with VISA/MC. Snailmail: Showcase, PO Box 16130, Portland, OR 97292, 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. 1,275-cc Cooper S spec motor. $15,000. Matthew L. deGarmo, 203.852.1670. (CT) 1973 Jaguar XKE V12 roadster Outstanding in every respect. Complete refurbish of a nice original car. Show quality respray, seats and carpets redone, new top, detailed engine compartment and undercarriage. Drives beautifully. A must-see. Many receipts and photos, original parts book, manuals. See photos on ContinentalAutoSports.com. $79,900. Jeff Disandro, 630.655.3535. (IL) 1986 AC Mk IV ENGLISH 1929 W.O. Bentley 4 1/2-Liter Red, black Connolly leather, all weather equipment. A great driver from a private collection. Clean and straight, nice paint, mint interior. Runs and drives without fault. $27,500. Matthew L. deGarmo Ltd, 203.852.1670. (CT) 1965 AC Cobra 427 4-seat tourer with original one-of-a-kind all-aluminum body by Thrupp and Maberly. Body #5187. Chassis #MR3390, engine #3393. Full history with completely documented factory records. Totally correct numbers. Very tight coachwork and superb mechanics. A joy to drive. Entered in the 1931 RAC Rally. Current paid English registration and also a U.S. title. Charles S. Crail Automobiles. www.charlescrail.com. 805.568.1934. 1954 Austin-Healey 100-4 BN1 Very sharp classic Austin-Healey 100-4. Tight, rustfree, nice paint, beautiful interior, new top, excellent mechanicals, with fresh rear main seals and head gasket. Drives and looks great! A MUST SEE! Great summer fun. See photos on ContinentalAutoSports .com. $41,950. Jeff DiSandro, 630.655.3535. (IL) 1959 Triumph TR3 Beautufully restored years ago; now a fantastic driver, all correct, has all weather equipment. Finished in white, black leather interior, black top, tonneau and side curtains. Lots of fun, great investment. Matthew L. deGarmo Ltd. More photos on website: www.deGarmoLtd.com $19,500. Matt deGarmo, 203.852.1670. (CT) 1960 Austin-Healey 3000 Mk I BN7 A true time-warp opportunity. This one-owner big Healey has just 42k original miles & still maintains original paint & interior. Call for details. Aston Martin of New England, 781.547.5959 x221. (MA) 1963 Morgan 4-4 1971 Mini Shelby American 4000 Series car. 300 original miles from new. 427 V8, top loader transmission, all the right stuff. Ready for track or street. Absolutely new condition in every respect. $97,500. Matthew L. deGarmo Ltd., 203.852.1670. (CT) 1966 Jaguar XKE 1966 XKE OTS. Red/Blk. This E-type is the best on offer. Last two JCNA Concours Championship scores were 99.97 and 99.57. It's mechanically perfect, driven to shows. $135,000. Peter, 630.773.1888. (IL) 1969 Triumph GT6 '69 GT6+3.4 V6, 5-sp., Posi, roll-cage, fuel cell, fully adjustable rear suspension, all disc brakes, shocks Spax rear - pri coilovers frt $9,995. Ken Groves, 330.966.4916. (OH) Rare and elegant Franay fastback coupe. Fully restored with strong performance and easy to use pre-selector gearbox. Great car with real panache and ideal for any event. $365,000. Fantasy Junction, 510.653.7555. (CA) GERMAN 1964 Porsche 356C coupe Matching numbers, flawless original panels and floor. Perfect gaps. Factory correct Togo Brown with Fawn interior. Detailed to show standard, mechanically perfect and ready to gobble up country roads now. www.deGarmoLtd.com $42,500. Matthew L. deGarmo Ltd, 203.852.1670. (CT) 1964 VW Karmann Ghia convertible Fully documented from new with just 40k original miles. All service receipts, all books and tools. Immaculate car cared for by a purist to exacting specs. Anthracite, cream leather. $33,500. Matthew L. deGarmo, 203.852.1670. 1989 Porsche 911 Clubsport Maybe the best original example anywhere. 900 original miles, absolutely flawless throughout. BRG, tan leather, full aluminum coachwork, Ford 5-liter V8, properly serviced. None better. $105,000. Matthew L. deGarmo Ltd., 203.852.1670. (CT) FRENCH 1950 Talbot-Lago T26GS One owner, 5K original miles, black with tan leather, stock, excellent condition, complete documentation. $73,000. John Glatz, 928.468.6212. (AZ) 1988 BMW M6 Its early application of Glas's innovative belt cam drive and distinctive Frua styling make this rare model an interesting and desirable car to own. Nicely restored and runs well. $46,500. Fantasy Junction, 510.653.7555. (USA) 1986 Porsche 930 with original '64 VW motor too. Red, black interior, 4-speed. Mint condition in and out and fantastic performance. $17,500. Matthew L. deGarmo Ltd., 203.852.1670. (CT) 1968 BMW Glas 3000 V8 '89 911 Clubsport, one of seven for US. Paint to sample, one owner. 8,700 miles and perfect www. theaircooledguys.com. $110,000. Kevin Watts, 919.854.2277. (NC) 1998 Porsche 911 C2S The real thing. Absolutely mint condition with original interior. Left hand drive. Completely rust-free, straight as an arrow. BRG, plaid and black interior, Gorgeous car with 200-horsepower motor. Comes 138 Sports Car Market

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Puzzled Camaro 98 911 C2S Tiptronic, Orig MSRP $119,947. Last 993 for U.S. market, ex-Seinfeld. Too many exclusive options to list. 5,800 miles. www.theaircooledguys. com $110,000. Kevin Watts, 919.854.2277. (NC) ITALIAN 1952 Siata 208S Belina 1952 Siata 208S Belina by Bertone, s/n CS057L. Paris Show car in 1952. Only 4-seater Otto-Vu built. Charming car that is beautifully restored with known history from new. $275,000. Fantasy Junction, 510.653.7555. (CA) 1969 Alfa Romeo Spider Veloce Just Reduced! Great driving. Many consider the 1969 the most desirable year of the Alfa Spider as it combines the early “boat tail” design with the later mechanicals. Including Spica Fuel Injection and the free-revving 1750 engine. This car is an attractive driver. Strong mechanicals with a powerful 1750, smooth transmission and great brakes. We just finished a major service that included driveshaft rebuild, lower ball joints, full tune and the installation of a good fuel injection pump. Newer top and interior. See photos on ContinentalAutoSports.com. $17,997. Jeff DiSandro, 630.655.3535. (IL) 1973 Ferrari 365 GTB/4 Spyder 1984 Ferrari 308 GTSi QV 49.3k miles. Red on black. Outstanding original condition. Silver award Concorso Italiano 2001. All records, receipts, manuals, tools. 45k major service. Serial #ZFFUA13A5E0049843. $35,500. Jeffrey Wurgler, 212.998.0367. (OH) 1987 Ferrari 328 GTS Black/red, 25K miles. October 2005 major at authorized dealer. Records from mid-'90s, books, tools. Wonderful condition throughout. Pictures available. John, 703.356.5555. (VA) AMERICAN 1950 Oldsmobile coupe Hydramatic, all original inside and out with 30,400 documented miles. Nice! $50,000. Skip Ritner, 509.922.3431. (WA) 1966 Shelby GT350 6S090 Unique '66 GT350. Bought new on 3/11/66, verified by SAAC as originally owned by me for 40-plus years. Email azblach@msn.com for pictures/details or call Bill at 480.342.9181. (AZ) 1966 Shelby GT350 H Next to last of 124 factory built Spyders. Extraordinarily nice driver. Mechanically excellent with near-flawless interior. Tool kit, manual, and recent receipt. $700,000. Fantasy Junction, 510.653.7555. (USA) 1973 Alfa Spider 1973 Alfa Spider, 32,000 miles, 4 original Minilite 6Jx14” wheels, Alfa steel spare wheel, black vinyl interior, 85% silver original paint, clear coat cracking on right door, minor chips around grille and edge of nose. Strong runner. New alternator, fuel hoses, rebuilt water pump, belts, plugs, and front end alignment. Compression 160, 150, 162, 150. $7,000 OBO. 818.709.0694. 1983 Ferrari 400i Incredible original unmolested car. All correct down to the last detail. 4-Speed with period-correct Hurst shifter. Red, gold stripes. Cosmetically pristine, mechanically perfect. Ready to drive or show. www.deGarmoLtd.com Matthew L. deGarmo Ltd. 203.852.1670. WANTED Corvettes A premium will be paid for 1953 to 1972 Corvettes with NCRS or Bloomington Gold certification, serious. ProTeam, Box 606, Napoleon, OH 435450606. Fax, 419.592.4242. proteamcorvette.com, www.corvetteswanted.com. ProTeam Corvettes, 419.592.5086. (OH) Ferrari, Maserati, Lamborghini Wanted: Ferrari, Maserati, Lamborghini, Porsche cars and items (memorabilia, parts collections) related to those cars in any condition. Fair, discreet and reasonable. Please contact 860.350.1140 or fax 860.350.1140 Peter Sweeney, 860.350.1140. (USA)u Across Records, documents, accessories, original, no accidents, vehicle history, garaged, driven regularly. A reliable vehicle with 80,000 miles. Investment of $28,000. Sell for $22,000. Tom, 509.925.1270. (USA) 1. Pony car first introduced in 1966 5. GM Chairman who announced the new Camaro for 2008 (first name) 8. Ford luxury badge from 1965 to 1991 11. Caution light 12. Internet provider 13. The Camaro SS had a V8 _____ 14. Next Camaro for release 15. Fashionable 16. Grand _____ 18. Luxury sea going vessel 19. Stares 21. Earlier, of a model for example 22. Lose grip on the road 24. Rear 26. Sought after, 2 words 28. 1970 Camaro option, with 30 across 29. Profit, for short 30. See 28 across 33. Turned over more than another brand 35. Evaluated as to quality 36. Miles __ gallon 37. Medical man 38. __ __ carte 39. Old audio system 40. Look _____ the hood 41. Nothing 42. Engine measurement 44. Sex appeal, for short 45. Field Officer, abbr. 46. Help cry 47. Rare 1969 Camaro named after a dealer 49. Drive 51. Above 52. Lord of the Rings evil warriors 53. To ogle, perhaps from afar 54. _____train (engine + transmission) Down 1. 1967 Camaro shared some mechanicals with this 1968 Chevrolet car (3 words) 2. Slight of hand 3. Handled the car well (3 words) 4. Presage 5. Record, for short 6. 1985 Camaro model 7. Get a bike going (2 words) 8. Race increment 9. Completely 10. Volvo 240 trim level 17. Ravens locale 19. Liquor 20. No ifs, _____or buts 21. Lubrication 23. Bucket 25. Generator 27. Stumbling expressions 28. Engine noise 31. Before 32. All smoke and _____ 34. Pontiac twin of the Camaro (2 words) 36. Light-duty truck, 2 words 37. Manufacturing problem 40. Ship 43. 1969 extra-rare Camaro: _____ 9560 46. By land or by _____ 48. A Camaro with real _____ball 50. Medical show For solution, go to: www.sportscarmarket.com/crossword January 2007 139

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RESOURCE DIRECTORY Advertise in the SCM Resource Directory. Call 877.219.2605 x204 for information, email: scmadvert@sportscarmarket.com. AUCTION COMPANIES Artcurial-Briest-Poulain-Le Fur. +33.1.42992020, fax +33.1.42992021. Maison de vente aux enchères, 7, RondPoint des Champs Elysées, 75008 Paris. artcurial@auction.fr. www.artcurial .com. (FR) Barrett-Jackson Auction. 480.421.6694, fax 480.421.6697. 3020 N. Scottsdale Rd, Scottsdale, AZ 85251. info@barrett-jackson.com. www.barrettjackson.com. (AZ) Bonhams & Butterfields. 415.391.4000, fax 415.391.4040. 220 San Bruno Avenue, San Francisco, CA 94103. www.butterfields.com. (CA) Bonhams. +, fax +44.207.585.0830. Montpelier St., Knightsbridge, London, SW7 1HH. www.bonhams.com. (UK) Branson Collector Car Auction. 800.335.3063, Jim Cox, fax 417.336.5616. 1316 W. Hwy. 76, Suite 199, Branson, MO 65616. www.bransonauction.com. (MO) USAppraisal. 703.759.9100. Over 25 years experience with collector automobiles, available nationwide. David H. Kinney, ASA (Accredited Senior Appraiser, American Society of Appraisers). dhkinney@usappraisal.com; www.usappraisal.com. (VA) RM Auctions, Inc. 800.211.4371, fax 519.351.1337. One Classic Car Dr., Blenheim, ON NOP 1A0. www.rmauctions.com. (CAN) Russo and Steele Collector Automo- biles. 602.252.2697, fax 602.252.6260. 5230 South 39th Street, Phoenix AZ 85040. info@russoandsteele.com; www .russoandsteele.com. (AZ) Santiago Collector Car Auctions. 800.994.2816, fax 405.475.5079. 501 E. Britton Rd., Oklahoma City, OK 73114. Rocky: rockydb5@sbcglobal.net. (OK) Silver Auctions. 800.255.4485. 2020 N. Monroe, Spokane, WA 99205. silver@silverauctions.com; www.silverauctions.com. (WA) Tom Mack Classics. 888.TOM. 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) Christie's. 310.385.2600, fax 310.385.0246. 360 N. Camden Dr., Beverly Hills, CA 90210. www.christies .com. (CA) 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. Gooding & Company. 310.899.1960, fax 310.899.0930. Auctions and brokerage of fine automobiles. 1528 6th Street, Suite 120, Santa Monica, CA 90401. www.goodingco.com. (CA) H&H Classic Auctions. +44.01925.730630, fax +44.01925.730830. Whitegate Farm, Hatton, Cheshire WA4 4BZ England. www.classic-auctions.com (UK) Kensington Motor Group, Inc. 631.537.1868, fax 631.537.2641. P.O. Box 2277, Sag Harbor, NY 11963. Kenmotor@aol.com. (NY) 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) APPRAISALS Auto Appraisal Group. 800.848.2886. Over 60 offices located nationwide. Pre-purchase inspection service, insurance matters, charitable donations, resale values, estates, expert witness testimony. On-site inspections. Certified, confidential, prompt, professional. “Not just one man's opinion of value.” See Web site for locations and service descriptions. www.autoappraisal .com. (VA) Dave Brownell's Vintage Auto Appraisals. 802.362.4719, fax 802.362.3007. 25-plus years experience nationwide and internationally. Single cars or entire collections. Brass cars to contemporary supercars. Complete services from pre-purchase to insurance, donation, estate, expert witness. davidbrownell@adelphia.net. (VT) Automobile Inspections LLC. 860.456.4048. The nation's premier provider of pre-purchase inspections on classic, exotic and specialty cars of any year, anywhere in the USA or Canada. Fast 72-hour turnaround! Hartford, CT. www.automobileinspections.com. (CT) AUTOMOBILIA Campbell Levy Designs LLC. 303.762.7936, fax 303.762.7937. Custom lamp designer and builder since 1974, specializing in crankshaft lamps with exotic wood, select hardwood or granite base. Hand polished or nickel plated. Your treasured crankshaft or one of ours. Proud to be a Colorado company. www .campbelllevydesigns.com.(CO) Hamann Classic Cars. 203.918.8300. Specializing in mostly European vintage race and sports cars, especially classic Ferraris of the '50s and '60s as well as Mille Miglia-eligible sports cars. Always looking to buy fabulous classic cars. www.hamannclassiccars.com (CT) Mecum Collector Car Auctioneers. 815.568.8888, fax, 815.568.6615. 950 Greenlee St., Marengo, IL 60015. Auctions: Orlando, Kansas City, Rockford, Bloomington Gold, St. Paul, Des Moines, Carlisle, and Chicago. Nobody Sells More Muscle Than Mecum. Nobody. www.mecumauction.com. (IL) Palm Springs Auctions Inc. Keith McCormick, 760.320.3290, fax 760.323.7031. 244 N. Indian Canyon Dr., Palm Springs, CA 92262. www.classiccarauction.com. (CA) RM Auctions, Inc. 800.211.4371, fax 519.351.1337. Our team of highly qualified professionals with over 25 years of experience will perform complete classic car collection appraisals. Your collection will be assessed by superior appraisers who are exceptionally detailed and want you to get the most value from your collection. RM is the world's largest vintage automobile house specializing in vintage automobile restoration, auctions and appraisals. www .rmauctions.com (CAN) Jonathan Kendall LLC. 410.991.2288 Automotive-inspired gifts, handbags, and accessories. Jonathan highlights designs in unique, handcrafted art, fashion, and installations for the collector and the enthusiast. Give the gift of Art+Fashion+Design and enjoy the passion of the automobile together. www .jonathankendall.com. (MD) Kirk F. White. 386.427.6660, fax 386.427.7801. PO Box 999, New Smyrna Beach, FL 32170. Always acquiring and conveying the very finest in early European tinplate automotive toys by Marklin, Bing, Carette, Gunthermann, etc. Further seeking tether racers such as Dooling, Alexander, B.B. Korn, Bremer, Matthews, McCoy, Cox Thimble Drome, O & R. Very highest prices paid for over 27 years. Periodic inventory shown at www.kirkfwhite.com. (FL) Spyder Enterprises. 831.659.5335, fax 831.659.5335. Since 1980, providing serious collectors with the finest selection of authentic, original vintage posters, pre-war thru mid-1960s; mainly focused on Porsche, Ferrari, Mercedes, and racing. Producer of “Automobilia Monterey,” August 15–16, 2006. 38page list of memorabilia available. singer356@aol.com or www.vintageautoposters.com. (CA) INSPECTIONS BUY/SELL/GENERAL 2shores International. 49-(0)5691- 912460, fax 49-(0)5691-912480. Based in Germany, working worldwide. Connecting buyers and sellers of collectible cars in a global market place. International Classic Car Events. Serving our clients with compassion, loyalty, and 15 years of experience. Your trustful partner in Europe! www.2shores-classics.com (DE) Auto Collectors Garage, Inc. 713.541.2281, fax 713.541.2286. 9848 Southwest Freeway, Houston, TX 77074. For the best in interesting cars from the 1920s to the 1970s. We restore, buy, sell, service, appraise, locate, and inspect all makes and models. Serving the collector car field since 1979. www.autocollectorsgarage.com. (TX) Blackhawk Collection. 925.736.3444, fax 925.736.4375. Purveyors of rolling art. The Blackhawk Collection is one of the world's foremost companies specializing in the acquisition and sale of both American and European classic, coachbuilt, and one-of-a-kind automobiles. www.blackhawkcollection .com. (CA) Classic Showcase. 760.758.6199, sales 760.758.6100, fax 760.758.0600. Offering a fine selection of classic European vehicles and a world-class restoration facility with two indoor showrooms in one 40,000-sq-ft building. Servicing the collector with over 30 years experience in buying, restoring, and selling. Located in San Diego County. sales@classicshowcase.com; www.classicshowcase.com. (CA) Colin's Classic Automobiles. 414.964.3747. World-renowned for selling only the best investment-grade sports and muscle cars. Low volume, highest quality, easy to work with. Let Colin's experience in collecting, restoring, racing, evaluating, and showing cars work for you. Buy, sell, trade, restore. www .colinsclassicauto.com. (WI) Craig Brody Investment Mo- torcars. 954.646.8819. We buy, sell, trade, and consign only the highest-end original cars for the most demanding collectors. Visit our new showroom in Ft. Lauderdale; call ahead for a personal appointment to see the coolest selection of collector cars in the Southeast. www .investmentmotorcars.net. (FL) Dragone Classics. 203.335.4645. 1797 Main St., Bridgeport, CT 06604. For 50+ years, the Dragone family has collected, sold, and revived the world's greatest cars, including many at Pebble Beach. Museums and collections depend on Dragone's knowledge, authenticity, and integrity. 60+ car inventory; manny@dragoneclassics.com, 140 Sports Car Market

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david@dragoneclassics.com; www .dragoneclassics.com. (CT) eBay Motors. Everyday drivers, collector cars, auto parts and accessories, motorcycles, and automobilia. List your car for sale for only $40 and pay $40 more when it sells. Every vehicle transaction is covered by $20,000 in free insurance. www.ebaymotors.com. Fantasy Junction. 510.653.7555, fax 510.653.9754. 1145 Park Ave., Emeryville, CA 94608. Specializing in European collectible autos and racing cars from the 1920s to the 1970s, with over 50 cars in stock. Bruce Trenery has over 25 years experience in this business, based in the East Bay area. sales@fantasyjunction.com; www.fantasyjunction.com. (CA) Grand Prix Classics. 858.459.3500, fax 858.459.3512. 7456 La Jolla Blvd., La Jolla, CA 92037. Specialize in the buying, selling, trading, and consignment of historic sports and racing cars. Been in business for 25 years and maintain an inventory of 15 to 20 historic cars. info@grandprixclassics.com; www .grandprixclassics.com. (CA) Hyman Ltd. 314.524.6000. One of the largest dealers of quality collector cars in the U.S. with over 100 cars in stock. We act as principal in the acquisition of collector cars and are aggressive buyers for complete collections. Our specialties include European sports cars and full classics. www.hymanltd.com. (MO) cars. Model Ts through muscle cars, something for everyone's taste and pocketbook. We buy cars from special people—one or a whole collection. (OH) Paul Russell and Company. 978.768.6919. Contact Alex Finigan for the acquisition or sale of great classic European sports, touring, and racing models from the pre-war era through the 1960s. Our experienced body, metal, upholstery, and mechanical craftsmen offer restoration, preservation, and maintenance services. www.paulrussell. com. (MA) ProTeam Corvette. 888.592.5086, fax 419.592.4242. Over 150 Corvettes 1953–2003; also Corvettes wanted. Free catalog. www.proteamcorvette.com; proteam@proteamcorvette.com. (OH) VIR Gallery. 336.210.5508. Quality vintage street and race cars for sale. Located at Virginia International Raceway. Please contact Randall Yow, 1245 Pine Tree Rd., Alton, VA 24520. ryow@virclub.com; www.virgallery. com. (VA) CLASSIC CAR TRANSPORT Auto Transporting by P.C. Legendary Motorcar Company. 905.875.4700. North America's premier muscle car center, specialized in restoring and trading the finest and rarest American muscle. Our 55,000 sq. ft facility and 100 car showroom is the ultimate car heaven and the home of Speed TV's “Dream Car Garage.” www .legendarymotorcar.com. (ON) Kidston SA. +41 22 740 1939, fax +41 22 740 1945. 7 avenue Pictet-deRochemont, 1207 Geneva, Switzerland. Expert advice on all aspects of collecting including finance, insurance, and discreet guidance on selling or help finding the right motor car. Particularly strong contacts in the UK and central Europe, all multilingual and experienced (ex-Bonhams) staff. www.kidston.com. (UK) Kirk F. White. 386.427.6660, fax 386.427.7801. PO Box 999, New Smyrna Beach, FL 32170. Always seeking and conveying select, exciting automobiles with a strong emphasis on vintage and contemporary hot rods and significant post-war sports cars, etc. Many years of acquiring superb, esoteric automobiles. Very highest prices paid. Periodic offerings may be reviewed at www.kirkfwhite.com. (FL) Motorcar Portfolio. 866.653.8900, 320 Market Ave S., Canton, OH 44702. America's only classic car dealer located in the lower level of the Canton Marriott McKinley Grand Hotel. Ever-changing collection of 100+ foreign and domestic Bear. 717.849.1585, 321.289.9368, 973.981.8385. Born 1941, car nut since 1943, transporting since 1994. For answers to all your questions, call the guy that loads and drives the truck. www. pcbeartransport.com. (PA) Concours Transport Systems. 702.361.1928, 253.973.3987, fax 702.269.0382. Enclosed auto transport nationwide. Liftgate loading, experienced personnel. Classic and exotic cars. Special events. Fully insured. All major credit cards accepted. Fred Koller, owner. fredkoller@concourstransport.com; www.concourstransport.com. (NV) Cosdel International. 415.777.2000, fax 415.543.5112. Now in its 46th year of international transport. Complete service, including import/export, customs clearances, DOT and EPA, air/ocean, loading and unloading of containers. Contact Martin Button: info@cosdel .com; www.cosdel.com. (CA) FedEx Custom Critical Passport Auto Transport. 800.325.4267, fax 314.878.7295. Fully enclosed transport from the industry originator. Specializing in events, including Pebble Beach, the Colorado Grand, and Barrett-Jackson. Liftgates for safe loading and winches for inoperable vehicles. Inquire about ultra-expedited, three-day, coast-to-coast service. www.passporttransport.com. (MO) Intercity Lines, Inc. 800.221.3936, fax 413.436.9422. Rapid, hassle-free, coast-to-coast service. Insured, enclosed transport for your valuable car at affordable prices. State-of-the-art satellite transport tracking. Complete service for vintage races, auctions, relocations. www.intercitylines.com. (MA) COLLECTOR CAR FINANCING Classic Car Financial. 877.527.7228, fax 603.424.2117. The nation's fastest growing classic car financing company. We provide our customers with a pleasant and smooth process; person-to-person loans are our specialty. Highly competitive rates and terms with less-thanperfect credit considered. Call or apply online today. Dealer programs available. www.classiccarfinancial.com. (NH) J.J. Best Banc & Company. 800. USA.1965, fax 508.991.8329. The largest national leader on Antique, Classic, Exotic, Rod, and Sports Cars, with low rates starting at 4.99% and long terms. Call, fax, or e-mail your application today for quick ten-minute approval. Dealer inquiries welcome. www.jjbest .com. (MA) COLLECTOR CAR INSURANCE Aon Collector Car Insurance. 877.765.7790. We've protected collector cars for nearly 40 years. Our insurance packages provide more coverage for less money than is available through standard carriers. Substantially lower costs, with minimal usage restrictions, unlimited mileage, in-house claim handling, and online quoting and application. www .aon-collectorcar.com. Hagerty Collector Car Insurance. 800.922.4050. Collector cars aren't like their late-model counterparts. These classics actually appreciate in value so standard market policies that cost significantly more won't do the job. We'll agree on a fair value and cover you for the full amount. No prorated claims, no hassles, no games. www.hagerty.com. (MI) J.C. Taylor Agencies. 800.345.8290. Antique, classic, muscle or modified— J.C. Taylor will provide dependable, dynamic, affordable protection for your collector vehicle. Agreed value coverage in the continental U.S. and Alaska. Drive through time with peace of mind with J.C. Taylor. Parish Heacock Classic Car Insurance. 800.678.5173. We understand the passion and needs of the classic car owner; agreed value, one liability charge, 24hour claim service and paying by credit card. We provide classic car insurance at rates people can afford! Instant quotes at www.parishheacock.com. (FL) COLLECTOR CAR LEASING Premier Financial Services. 203.267.7700, fax 203.267.7773. With over 20 years of experience specializing in exotic, classic and vintage autos, our Lease Purchase plan is ideal for those who wish to own their vehicle at the end of the term, as well as those who like to change cars frequently. Our Simple Interest Early Termination plan allows you the flexibility of financing with the tax advantages of leasing. www.premierfinancialservices.com. (CT) Putnam Leasing. 866.905.3273, Never get in a car with strangers. Custom-tailored, lease-to-own financing for your dream car. Easy, fast, and dependable. Exclusive leasing agent for BarrettJackson, Cavallino, and the Ferrari Club January 2007 Legendary Motorcar Company. 905.875.4700. You may have seen our award winning, show quality restorations on Speed TV's Dream Car Garage. We will handle every stage of any restoration. Our 55,000 sq ft facility is specialized in extreme high-end restorations of rare America muscle cars. www.legendarymotorcar.com. (ON) of America 2004 International Meet. www.putnamleasing.com. (CT) RESTORATION – GENERAL Guy's Interior Restorations. 503.224.8657, fax 503.223.6953. 431 NW 9th, Portland, OR 97209. Awardwinning interior restoration. Leather dyeing and color matching. (OR) MosesLudel.Com, LLC. 775.463.5965. Thirty-eight years of authoritative mechanical expertise available to restorers and collectors of 1928–71 American classic and muscle cars. Blueprint engine, transmission, steering, and axle rebuilding. Restorative tuning and performance prepping. Protect your investment. See our Web site, www .mosesludel.com. The Healey Werks. 800.251.2113, 712.944.4900, fax 712.944.4940. Lawton, IA. Premier automobile restoration company specializing in exotic, European and classic cars. Complete structural and body reconstruction, upholstery, world-class paint/refinishing, engineering, prototyping and mechanical services. Transport and logistical services available. www.healeywerks.com. (IA) Performance Restoration. 440.968.3655. High-quality paint, body, mechanical service. Discreet installation of a/c, cruise control, superchargers. Stock restorations done to exacting standards. Clean, well-equipped shop. Near I-90 since '96. We finish your projects. supercharged@alltel.net. (OH) Vantaaj Restoration & Re- pair. 866.440.0334, toll-free USA, 141

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RESOURCE DIRECTORY Advertise in the SCM Resource Directory. Call 877.219.2605 x204 for information, e-mail: scmadvert@sportscarmarket.com. 303.440.0334 in Colorado. A few dedicated enthusiasts, focused on repairing or restoring one or two cars at a time. We understand they are not mere automobiles; they are family. Please join our family. We are not for everyone—we are for you. www.vantaaj.com. (CO) Aston Martin sales, service, and restoration facility in the U.S.; everything under one roof. All models welcome. Large selection of parts for all Astons. Also specializing in Ferrari, Porsche, and other exotics. Tom Papadopoulos, Scott Rumbold. www.autosport-designs .com. (NY) The Winning Collection, Inc. 888.533.7223, (outside NC), 828.658.9090, fax 828.658.8656. Asheville, NC. Premier automobile restoration company specializing in classic, collector and historic cars of all make and models. 20+ years experience. State of the art, 22,000 sq. ft. facility in the heart of the Blue Ridge Mountains. Body-off, frame-off restoration and modification. Conversions. Complete metal, body, and machine shop. www.winningcollection .com (NC) SPORTS AND COMPETITION Morris & Welford, LLC. 203.222.3861 or 203.722.3333 (Miles Morris), 949.260.1636 or 949.500.0585 (Malcolm Welford), fax 203.222.4992 or 949.955.3848. Specialist car consultants and high-end brokerage for important historic cars such as Ferrari, Maserati, Alfa Romeo, Jaguar, Duesenberg, Bugatti, and more. Offices on East and West Coasts. www.morrisandwelford .com. (CT) 2nd Annual Muscle Car 1000, 949.470.9880. September 25–30, 2006. Five days of exceptional places, people, experiences, and cars from Santa Barbara to San Simeon, Monterey, San Francisco, Napa Valley, and back. Reserved for 1964–73 American muscle cars, 1962–68 Cobras, 1955–73 Corvettes. Apply early, as space is limited. www.musclecar1000 .com. (CA) ENGLISH Hyman Ltd. 314.524.6000. One of the largest dealers of quality collector cars in the U.S. with over 100 cars in stock. We act as principal in the acquisition of collector cars and are aggressive buyers for complete collections. Our specialties include European sports cars and full classics. www.hymanltd.com. (MO) AC RM Auctions, Inc. 800.211.4371, fax 519.351.1337. RM is the world's largest vintage automobile house specializing in vintage automobile restoration, auctions and appraisals; with expertise in sports and competitive classic cars such as Ferrari, Jaguar, Maserati, and Bugatti, as well as other sports and competition automobiles. www.rmauctions.com (CAN) VINTAGE EVENTS Columbus Motor Classic. 866.794.6889. Germain Amphitheater, Polaris, OH, September 22-24, 2006. www.cmcshows.org (OH) The Hamptons Auto Classic, 631.537.1868. 2006 Auction, June 10, Bridgehampton, NY. kenmotor@aol .com (NY) Hamptons Concours d'Elegance, 631.537.1868. June 11, 2006, Bridgehampton, NY. kenmotor@aol.com. (NY) Lake Mirror Classic Auto Festival. 863.683.1540. October 14–16. The Lake Mirror Classic is held in restored Lake Mirror Park and downtown Lakeland. Begins Friday evening with the Hot Rod Rendezvous; Saturday enjoy over 500 classic cars in downtown Lakeland and Lake Mirror. For more information about this FREE event or to pre-register, visit www.lakemirrorclassic.com. (FL) AC Owner's Club Limited. 503.643.3225, fax 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) JWF Restorations, Inc. 503.643.3225, fax 503.646.4009. Jim Feldman, 11955 SW Faircrest St., Portland, OR 97225-4615. AC restoration specialist. 35 years experience. Partial to full restorations done to street or concours standards. (OR) Austin-Healey Austin-Healey Club USA. 888.4AH- CUSA, fax 503.528.0533. 8002 NE Hwy 99, Ste B PMB 424, Vancouver, WA 98665-8813. Oldest national AustinHealey club and factory club heritage. Members receive Austin-Healey Magazine, Resource Book, calendar, tech assistance, book discount. Annual dues still just $35. www.healey.org. (OR) Aston Martin Aston Martin of New England. 781.547.5959. 85 Linden Street, Waltham, MA 02452. Proudly appointed Aston Martin Heritage Dealer for the USA. New and pre-owned Aston Martins are our specialty. Please contact us when buying, selling or restoring. www .astonmartin-lotus.com. (MA) Automotive Restorations, Inc. Vintage Racing Services, Inc. (ARI.VRS), 203.377.6745, fax 203.386.0486, 1785 Barnum Ave., Stratford, CT 06614. Classic, special interest, and race cars. Sales, restoration, and transportation. www .vintageracingservices.com, www.automotive-restorations.com. (CT) Autosport Designs Inc. 631.425.1555. The largest independent 142 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) Rocky Santiago. 405.843.6117, fax 405.475.5079. E Britton Rd., Oklahoma City, OK 73114. Specializing in Aston Martins, all years, all conditions. Buy/ sell/consign. If you are buying or selling, please call. Also have Healeys, MGs, Triumphs, etc. (OK) Jaguar Classic Showcase. 760.758.6199, sales 760.758.6100, fax 760.758.0600. Full-service restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fit; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase.com; www .classicshowcase.com. (CA) Jaguar Clubs of North America. 888.CLUBJAG, JCNA, 1000 Glenbrook Road, Anchorage, KY 40223. The primary organization of Jaguar enthusiasts in the U.S. and Canada. 52 local clubs provide social and other activities. JCNA sponsors championships in concours, rally, slalom. Members receive bi-monthly Jaguar Journal magazine. www.jcna .com. (KY) Rolls-Royce/Bentley Automotive Restorations, Inc. Vintage Racing Services, Inc. (ARI.VRS), 203.377.6745, fax 203.386.0486, 1785 Barnum Ave., Stratford, CT 06614. Classic, special interest, and race cars. Sales, restoration, and transportation. www. vintageracingservices.com, www.automotive-restorations.com. (CT) Hageman Motorcars. 206.954.1961, fax 425.287.0660. PO Box 554, Kirkland, WA 98033. Pre-war European autos, Bentley, and Rolls-Royce, specializing in vintage Bentleys. www.hagemanmotorcars.com. (WA) ALFA ROMEO Parts Centerline Alfa Parts. 888.750. ALFA (2532). Call for free catalog. New and used parts, accessories, restoration, modification, and information for Giulietta through 164. We know the cars and we have the parts. Visit www.centerlinealfa.com for frequent updates on new items. (CO) International Auto Parts. 800.788.4435, 434.973.0555, fax 434.973.2368. Est. 1971. Over 90,000 Alfa/Fiat/Lancia parts, 1956 to present, in stock, ready to ship. Fast, knowledgeable service and same-day shipping! Free 76-page catalog. www.international-auto .com. (VA) Jon Norman's Alfa Parts. 510.525.9435, fax 510.524.3636. 1221 Fourth Street, Berkeley, CA 94710. Large selection of parts from 1900 series to Milano. Efficient, personal service. (CA) Performance Motoring Associates. 831.338.9703, fax 831.338.2031. 12895 Highway 9, Boulder Creek, CA 95006. Over 20 Alfa Romeos in stock, ready for your custom restoration. Specialists in vintage race car preparation for over 20 years. Sebring suspensions and lightweight body panels for 750, 101, and 105 series Sprints, Spiders, and GTVs. alleake@aol.com; www.alfaromeorestorations.com. (CA) Re-Originals. 713.849.2400, fax 713.849.2401. The U.S. source for original, complete seats and covers, bulk upholstery materials, original rubber mats and gaskets, original European taillights, headlights, grilles, windshields. Visit www.reoriginals.com for complete listing. (TX) Repairs/Restoration Dan Sommers' Veloce Motors. 503.274.0064. 1425 NW Flanders, Portland, OR 97209. More than two decades of helping Alfa, Ferrari, and Lamborghini owners keep their cars on the road while not emptying their bank accounts. Other Italian cars serviced as well. (OR) Nasko's Imports. 503.771.1472, 5409 SE Francis, Portland, OR 97206. Alfas, BMWs and Mercedes our speciality. Oldest Alfa repair facility in Oregon. Ask about our used sports cars for sale. Fast work, fair prices. (OR) FERRARI/MASERATI/LAMBORGHINI Automotive Restorations, Inc. Vintage Racing Services, Inc. (ARI.VRS), 203.377.6745, fax 203.386.0486, 1785 Barnum Ave., Stratford, CT 06614. Classic, special interest, and race cars. Sales, restoration, and transportation. www. vintageracingservices.com, www.automotive-restorations.com. (CT) Carozzeria Granturismo Milano (Italy). +39.93909285-6, fax +39.02.93908420. Ferrari, Maserati, Lamborghini, Alfa Romeo, and Lancia. Structural chassis restoration, body restoration, and manufacturing of aluminum and steel body trim and panels. We bring automobiles to exacting original specifications. High-class paint jobs; one-off prototype manufacturing. info@gtmilano.it. (IT) Classic Showcase. 760.758.6199, sales 760.758.6100, fax 760.758.0600. Full-service restorations. Creating show winners in a world-classic restoration facility. Specializing in European classics. Superb fit; attention to detail; great craftsmanship. “Where great cars achieve perfection.” Located in San Diego County. sales@classicshowcase.com; www .classicshowcase.com. (CA) Family Classic Cars. 949.496.3000, fax 949.488.0523. Family Classic Cars specializes in highly rare and valuable vintage Ferraris, fine European cars, classics, hot rods, muscle cars, and modern exotics. Located in San Juan Capistrano, CA, Family Classic Cars is Sports Car Market

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all about selling dreams and investments. sales@familyclassiccars.com; www .familyclassiccars.com. Hamann Classic Cars. 203.918.8300. Specializing in mostly European vintage race and sports cars, especially classic Ferraris of the '50s and '60s as well as Mille Miglia-eligible sports cars. Always looking to buy fabulous classic cars. www.hamannclassiccars.com. (CT) Michael Sheehan. 949.646.6086, fax 949.646.6978. Always looking for cars to buy, from rare one-offs to serial production ordinaries. Ferrari, Lamborghini, Lotus. Buyers, let me use my 20,000-car database to help you find a car, or verify the history of one you are looking at. www.ferraris-online.com. (CA) Randy Simon. 310.274.7440, fax 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) Ron Tonkin Gran Turismo. 800.547.4455, 503.255.7560. Service and parts, 800.944.6483, 503.257.9655. 203 NE 122nd Ave., Portland, OR 97230. America's oldest and most dedicated Ferrari dealer. New and used exotic cars. Also, huge parts department with fast, fast service. www.rtgt.com. (OR) Re-Originals. 713.849.2400, fax 713.849.2401. The U.S. source for original, complete seats and covers, bulk upholstery materials, original rubber mats and gaskets, original European taillights, headlights, grilles, windshields. Visit www.reoriginals.com for complete listing. (TX) Symbolic Motor Car Company. 858.454.1800. As the world's premier dealer of exotic, collectible, racing and touring automobiles, our highly trained staff has the experience to get you into some of the finest automobiles in the world. Visit us at www.symbolicmotors .com. (CA) GERMAN BMW Automotive Restorations, Inc. Vintage Racing Services, Inc. (ARI.VRS), 203.377.6745, fax 203.386.0486, 1785 Barnum Ave., Stratford, CT 06614. Classic, special interest, and race cars. Sales, restoration, and transportation. www. vintageracingservices.com, www.automotive-restorations.com. (CT) Mercedes-Benz Alex Dearborn. 978.887.6644, fax 978.887.3889. Topsfield, MA. Buying, selling and trading vintage Mercedes. Specializing in 300SLs. Large database of older M-Bs. www.dearbornauto.com. (MA) Automotive Restorations, Inc. Vintage Racing Services, Inc. (ARI.VRS), 203.377.6745, fax 203.386.0486, 1785 Barnum Ave., Stratford, CT 06614. Classic, special interest and race cars. Sales, restoration and transportation. www. vintageracingservices.com, www.automotive-restorations.com. (CT) Classic Showcase. 760.758.6199, sales 760.758.6100, fax 760.758.0600. Full-service restorations. Creating show January 2007 Legendary Motorcar Company 905.875.4700. North America's premier muscle car center, specialize in restoring and trading the finest and rarest American muscle cars. We are the home of Speed TV's Dream Car Garage. We are a professional, discreet, and fair buyer for your quality American Muscle. www .legendarymotorcar.com. (ON) Shelby Shelby American Automobile Club. 860.364.0449, fax 860.364.0769. PO Box 788, Sharon, CT 06069. Over 5,000 members, 50 regions throughout the world. Dedicated to the care and preservation of the cars that Carroll Shelby 143 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) Gull Wing Group International, Gary Estep. 530.891.5038 fax. 776 Cessna, Chico, CA 95928. Dedicated to the enjoyment and preservation of 1954 to 1963 Mercedes-Benz 300SL coupes and roadsters. Member benefits include: twelve monthly magazines per year plus a national convention that rotates its location around the country. gestep3457@aol .com. (CA) Porsche 73rs.com. 310.927.3193. Specializing exclusively in early classic Porsche 911 motor cars, 1965–73. Over 35 years experience in buying and selling only the finest 911s. Cars actively purchased for top money. jack@73rs.com. (CA) Re-Originals. 713.849.2400, Sicurvetro windshields for Porsche 356. Speedster bucket seats, driving seats for all models. www.reoriginals.com. (TX) AMERICAN ProTeam Corvette. 888.592.5086, 419.592.4242. Box 606, Napoleon, OH 43545. Corvettes—over 150 mostly 1953 to 1967s. World's largest. 90,000 sq. ft. The Holy Grail of Corvette collections. Money back guarantee. Free catalog. NCRS #136, SEMA, AMRO. proteam@proteamcorvette.com. www .proteamcorvette, www.corvetteswanted .com. (OH) Hyman Ltd. 314.524.6000. One of the largest dealers of quality collector cars in the U.S. with over 100 cars in stock. We act as principal in the acquisition of collector cars and are aggressive buyers for complete collections. Our specialties include European sports cars and full classics. www.hymanltd.com. (MO) Greatwest Lubricants. 888.838.6308. Authorized dealer for premium Amsoil synthetic lubrication and filtration products. Protect your investment with the finest lubrication products available and benefit from lower operating costs and extended oil change intervals. All products can be ordered online and shipped from U.S. & Canadian distribution centers. www .greatwestlubricants.ca. (CAN) HotSeat Chassis Inc. 877-GAME- TRX. 111 Napco Dr., Plymouth, CT 06786. HotSeat Chassis Inc., produces HotSeat Solo, Racer, and HotSeat PC Gamer. Creating a total immersion, arcade like experience in the home, the HotSeat envelopes the player in ultra-realistic 5.1 Dolby Digital surround sound between its 6 high-powered speakers. (CT) produced. Two national conventions a year, semi-annual magazine, bi-monthly newsletter as well as a registry. (CT) PARTS AND ACCESSORIES Covercraft Industries. 800.4.COVERS (426-8377). World's largest manufacturer of custom vehicle covers. Over 58,000 patterns in our library and we can custom make a cover to your dimensions. Thirteen (13) fabrics for indoor/outdoor protection of your classic or daily driver. Made in USA. www.covercraft.com (OK) GARAGE/TOOLS Baldhead Cabinet Company. 877.966.2253. Offering a fine selection of quality metal garage cabinets. Many unique modules. SS and custom colors available. Many sizes to choose from. Call for a custom quote and drawing. See ad in this issue. www.baldheadcabinets .com. (CA) ANTIQUES Solvang Antique Center. 805.688.6222. California's Premier Antique Collective features 65 extraordinary dealers. Quality 18th and 19th century furniture, decorative accessories, fine art and estate jewelry. One of the finest selections of antique clocks, watches and music boxes in the world. www.solvangantiques.com. (CA) REAL ESTATE J.R. Rouse Real Estate. 831.645.9696 ext. 100, 831.277.3464, fax 831.645.9357. Connecting car enthusiasts with homes on the Monterey Peninsula. jr@jrrouse.com; www.jrrouse .com. (CA) TRAVEL Stephanie Warrington. 800.594.0805, 503.231.5103. The official travel agent for Sports Car Market. Specializing in international travel, custom vacations, and groups. stephanie@wtpdx .com. (OR)u

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Carl Bomstead Polly Parrot Prices Flying High $10,000 doesn't seem out of line, and in a few years could just be a bargain A n absolutely gorgeous Red Indian gas globe was recently offered on eBay, and despite 20 bids, it failed to sell at $6,866. It was a single lens and did not include the frame. The seller's justification for the reserve was eBay item #110010003441, a complete Polly Gas globe that failed to sell a few months back at $28,000. Polly Gas, with their distinctive Polly Parrot logo, was the brand for the Wilshire Oil Company of Los Angeles and they used the logo in the early '30s. Well, just so happens I know the guy who owned the Polly globe—there are only a couple of complete ones known—so I gave him a call to find out if he sold his very rare and desirable globe. He said he had a $48,000 reserve on the globe when he offered it on eBay and he did fact sell it, as a package deal along with a Polly poster he had only owned for a couple of years. The price was staggering $52,000. This guy is not prone to exaggeration, so we have to take him at his word. If this deal did go down as stated, a new high water mark has been set for gas globes. Here are a few lots that weren't quite so crazy: EBAY#290030508303— TEXACO EASY POUR HALF-GALLON OIL CAN. Number of Bids: 17. SOLD : $765.01. Date Sold: 9/25/2006. Green Texaco cans with the black outline “T” in the logo are very collectible, and in decent condition bring serious money. Oil cans are thought to be a bit soft of late but the rare and desirable are still cause for digging deep. The price paid here was even a bit light, considering the excellent condition. EBAY#28002504196—1907 AAA TOUR OFFICIAL'S BADGE. Number of Bids: 5. SOLD AT: $284.25. Date Sold: 9/11/2006. This was an official's badge used during the 1907 AAA Tour that started July 10, 1907. It went from Cleveland to Chicago and finished in New York. The seller offered a number of badges from this event, with most selling for less than $100. The same buyer won them all but had to step up for this one. EBAY#220025650283— TEXACO MARINE LUBRICANTS PORCELAIN SIGN. Number of Bids: 18. SOLD AT: $5,852. Date Sold: 9/14/2006. This appeared to be an original sign in excellent condition with only a few minor nicks and bruises. This is a very desirable sign with great graphics but these are frequently reproduced. This one looked fine, as the fakey-doos are done with a weird shade of green. Considering the current market for quality signs, I have no problem with the price paid. Both sides should be smiling. EBAY#120029992497—1948 PORSCHE “GMUND” BROCHURE. Number of Bids: 42. SOLD AT: EUR 2,787.03 (APPROX US $3,501.90) Date Sold: 9/19/2006. This was the first German Porsche brochure for the 1,131-cc steel-bodied “Gmund.” Questions to the seller were interesting, especially from the guy who stated he was going to bid $4,500 for the piece but failed to place a bid. One asked if he was sure it was real and with German efficiency he was assured it was. I recall one of these selling a few years ago in this price range, so this must be the market when and if you find one. SUBSCRIPTION INFORMATION Sports Car Market magazine (ISSN #1527859X) is published monthly by Keith Martin Publications, PO Box 16130, Portland, OR 97292. Periodicals postage paid at Portland, OR, and additional entries. Subscription rates are $58 for 12 monthly issues in the US, $78 Canada/Mexico, Europe $88, Asia/Africa/Middle East $98. Subscriptions are payable in advance in US currency. Make checks to: Sports Car Market. Visa/MC accepted. For instant subscription, call 24-hours 800.289.2819, 503.252.5812; fax 503.252.5854. 146 POSTMASTER Send address changes to: Sports Car Market PO Box 16130, Portland, OR 97292 CPC IPM Sales Agreement No. 1296205 EBAY#290037716896—1926 KEYSTONE PACKARD WATER PUMPER. Number of Bids: 17. SOLD AT: $2,224.99. Date Sold: 10/15/2006. This huge toy—the truck is 29” long and the tower is 41” high when fully extended—was completely original down to the brass tip on the nozzle. The decals were in great condition and the paint still maintained excellent luster. An amazing toy that sold for reasonable money considering the original unmolested condition. A restored example of this Keystone Pumper sold for $585 at the recent Bonhams auction at Hershey, so originality comes with a steep price. WM. MORFORD AUCTIONS LOT 94—UNITED STATES CHAIN TREAD TIRES MOTORCYCLE POSTER. Number of Bids: Unknown (private auction). SOLD AT: $10,120. Date Sold: 10/20/2006. This large, 38” x 20” stone lithograph pull-down poster was in excellent condition, with crisp, bright colors. It was found in its original mailing tube and was produced by well-known period artist George Hollorock. Considering the current interest in vintage posters and the desirable image, this price does not seem out of line, and in a few years I'd be willing to bet it will seem like a bargain.u 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 © 2006 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. PRINTED IN USA Sports Car Market