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Sports CarMarket '58 SPEEDSTER The Insider's Guide to Collecting, Investing, Values, and Trends Numbers Matching? Who Cares? $121k B-J +'47 BENTLEY = $1.7m WORLD RECORD • 170 CARS RATED Keith Martin's Ferraris That Are Cheap Thrill Specials GT350 R at Amelia The First Million-Dollar Mustang July 2006

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Sports CarMarket Keith Martin's The Insider's Guide to Collecting, Investing, Values, and Trends 46 50 Franay-bodied Mk VI July 2006 .Volume 18. Number 7 68 The ten-digit thoroughbred Super sleek, Superfast COLLECTOR CAR PROFILES 46 1964 Ferrari 500 Superfast The supercar of its time makes $416k in Paris. Steve Ahlgrim 50 1947 Bentley Mk VI Franay DHC At $1.7m, is this the world's most expensive post-war Bentley? Diane Brandon 54 1977 Lamborghini Urraco The baby bull still represents a good buy. Donald Osborne 56 1958 Porsche 356A 1600 S Speedster When gilding the lily pays off. Jim Schrager 64 Billy Carter's 1977 Chevy Scottsdale Brother Billy's bargain buggy. Dave Kinney 68 1965 Shelby GT350 R The first million-dollar Mustang. Thor Thorson 170 CARS RATED BY OUR EXPERTS 72 Palm Springs Auctions, Palm Springs, CA At his 40th sale, Keith McCormick posts a $4.7m result. Carl Bomstead 82 RM Auctions, Toronto, CAN A $3.7m weekend on RM's home turf. Norm Mort 92 Bonhams, Warwickshire, UK A shaky start at a new venue sees $931k in sales. Richard Hudson-Evans 100 H&H Classic Auctions, Gloucestershire, UK Attractive cars and a low premium make for a 68% sales rate. Richard Hudson-Evans 108 Potts Auctions, Dalton, GA The Brothers Potts see just $437k from 28 cars. Joe Severns 114 Silver Auctions, Portland, OR Citroëns, Fiats, and Austins round out this $510k afternoon. Stefan Lombard 120 MidAmerica, Maplewood, MN Bike fans come out to buy for a 73% sell-through. B. Mitchell Carslon Cover photograph: Don Heiny 124 eBay Motors Scant, rare, or obscure—you make the call. Geoff Archer

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130 40 Bill Neale, automotive artist COLUMNS 12 Shifting Gears Keith Martin 30 Affordable Classic Lotus Europa—don't look back Rob Sass 32 Legal Files Timing your sale to minimize taxes John Draneas 48 Sheehan Speaks: V12s for you and me Michael Sheehan 52 English Patient Austin Atlantic: The Healey 100's failed father Gary Anderson 62 Porsche Gespräch The 917—a giant then and now Jim Schrager 66 Domestic Affairs Cobras and Tigers and buyers, oh my! Colin Comer 128 Motobilia Signs are hot, neon or not Carl Bomstead 132 Bike Buys Triumph's misbegotten triple threat Paul Duchene 146 eWatch Lalique and Wanlass bargains Carl Bomstead A Cord in a Copperstate of Mind FEATURES 34 FIA Certification Part II: Authentication 36 Hit and Run: Testing “Agreed-Upon Value” 38 They Really Wanted it: Adventures in Online Selling 40 Copperstate 1000: “Cobra” Comer Takes on the Southwest 42 Hot August Nights: The SCM Preview DEPARTMENTS 14 Crossing the Block / Auction Calendar 16 The Inside Line 20 You Write, We Read 22 Display Advertisers Index 26 Neat Stuff 28 Our Cars: 1994 Mercedes-Benz E320, 1985 Avanti Coupe, 1990 Buick Estate Wagon 31 20 Year Picture 88 Glovebox Notes: 2006 Honda Civic Si, 2006 Mitsubishi Lancer Evolution MR 107 Alfa Bits 125 FreshMeat: 2007 Saturn Sky, 2007 Mercedes-Benz GL450, 2007 Cadillac Escalade AWD 126 Automotive Investor: The Performance Factor 130 Featured Artist: Bill Neale, Car Man 134 Mystery Photo 135 Comments with Your Renewal 136 Showcase Gallery 139 Crossword Puzzle 140 Reso This '76 Vega didn't sell in October 2004 or in October 2005. And today's $7,000 was the biggest offer yet, fully $700 more than the last one. Sir, please take the money and run. —Norm Mort's report on RM Toronto begins on p. 82

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Shifting Gears Keith Martin Riding High S ometimes ignorance is bliss, and other times it leads to nothing but trouble. Our 1978 911SC is a perfect case in point. Relatively pampered, in mostly original paint, and with 177,000 miles on it when it joined our stable last year, it rode low and had an appealing “boy racer” look. It also had a rock-hard ride that was so uncomfortable I simply stopped driving the car. I assumed that all SCs rode this way, and that to make the ride more reasonable, I should follow our Porsche analyst Jim Schrager's advice and switch to 15” wheels, which were the stock choice in Europe. Fake Fuchs wheels were fine with me; after all, I would rather ride around on replica wheels in relative comfort than not drive the SC at all. The response from our Porsche gang was immediate and visceral. SCM's legal analyst, John Draneas, who is also the head of the Porsche Parade annual convention, which is being held in Portland this year, said, “If you're going to ride around on fake wheels, why don't you just get a Beck Spyder and go the whole replica route?” Pete Zimmerman, author of The Used 911 Story, was equally em- phatic. “I would never trade comfort for handling. Don't change the wheels. What's the point in owing a Porsche?” The point was simple. I wanted a car I could drive. And I didn't care if it took joining the fake-wheel-weenie group to get it. However, it turned out that upgrading, or more appropriately downgrading, to 15” wheels and tires, fake or real, wasn't going to be cheap. Mounted, balanced, and installed wheels and tires were going to set me back around $2,000, enough to make me wonder if putting a pillow on my seat wasn't a better solution. But things came into focus after I drove Draneas's SC. It's ride quality was delightful. After driving mine, he declared it “stupid.” We dropped the car off at our local Porsche shop, A&P Specialities, where it was diagnosed as having been excessively lowered, which, combined with four dead shocks, led to the suspension bottoming out over anything taller than a tar strip. A&P raised the SC to European ride-height specs provided by Zimmerman, with about 1/2” clearance between the top of the tire and the rear wheel arch. The suspension bushings were inspected and declared good, and new stock Bilsteins were installed all around. Of course, not being able to avoid a chance to spend extra money, i.e. “upgrade,” I had a set of used 1984 Carrera sway bars installed. Yes, the car has lost some of its low-slung “dachshund on the prowl” look, but its ride has dramatically improved. And I now understand why Porsche fanatics hold the SC in such esteem—it has enough horsepower, it sticks well, and the a/c even blows cold. SCM's total cost for repairs and upgrades was under $2,000, less than the cost of replacing the wheels. Since I still have the stock 16” wheels, Draneas says I won't have to park with the Intermeccanica Speedsters at the Parade. In the end, all we did was return the SC to the ride height and shock absorber setup it had when it left the factory. And all it took to figure all this out was a short ride in a stock SC—something I should have done at the beginning of this whole process. But best of all, now I've got a car I look forward to driving instead of one that gives me a headache. PADDLE ME At SCM we often cast a wary eye toward new supercars, finding them hugely capable but often with about as much personality as an Acura on steroids. I got my comeuppance last week when I spent two long days behind the wheel of a Lamborghini Gallardo Spyder. SCM's VP of Finance and Marketing, Wendie Standish, and I were in Los Angeles to attend the Petersen Museum's annual fundraising gala, which this year paid tribute to SCMer Bruce Meyer and designer Chip Foose. The Gallardo was a revelation. First, it was sized right, without the 12 A reliable Lambo—no longer a contradiction in terms bulbous look of the Murcielago or even the Ferrari F430. The powerassisted steering is crisp, and the car has a go-kart feel to it, being surefooted in all circumstances. When the Gallardo coupe debuted, I found the styling minimalist for a Lamborghini. But over time it has settled into an “urban chic” look, even more so with the convertible. Unlike the BMW Z4, a design that looks more contrived and unsuccessful by the day, the Gallardo maintains a fresh aggressiveness that is wearing well. In the past, I have viewed paddle shifters as a thumb-operated crutch for those too lazy or incapable of working a shift lever and three pedals simultaneously. No longer. While the fully automatic mode of the Gallardo in both standard and sport results in long pauses between shifts, in manual paddle mode the six-speed gearbox is terrific. The gear changes are crisp and nearly instantaneous. The computer- driven “blipping” of the throttle that accompanies downshifting seemed odd at first, but after a few miles I began to look for underpasses where I could flick the paddle and get an echoed burst of sound from the engine. Daytona coupes and Gallardo Spyders are both hovering in the $200,000 range, and as I crawled through the horrendous L.A. stopand-go traffic, I thought about how the Daytona would have behaved. Ponderous steering, an oven-like interior, and a temperature gauge that would surely be headed toward bad places come to mind. Then the plugs would start to foul. And with enough starts and stops, I could probably get the clutch to start slipping as well. By the end of the second day in the Lambo, I was already doing the mental calculations concerning monthly lease payments. Aside from a minor glitch with the fuel filler cap release (even the Germans can't get all the Italian out of a Lamborghini), all systems worked flawlessly. In the past, Lambos have been expensive automotive jewelry that seemed to spend as much time on the back of flat-bed wreckers as they did being driven. Unreliable to an extreme, they also featured user-cruel ergonomics and uber-trendy designs that had a visual shelf life of about ten minutes. With VW taking Lamborghini under its wing, the resultant combina- tion of German attention to detail and Italian flair has led to that most unusual of combinations: a supercar that is as comfortable idling on the freeways of L.A. as it is redlining on Old Topanga Canyon Road.u Sports Car Market

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Crossing the Block “Batmobile” at the Christie's London sale on June 26 Christie's—Exceptional Motor Cars Where: Greenwich, CT When: June 4 More: www.christies.com Last Year: 27 cars sold / 82% In an auction that will feature over 40 cars, highlights will come from the nine-car collection of late tenor Sergio Franchi. Estimated to bring about $1.4m, the collection includes a 1930 Isotta Fraschini 8AS Boattail convertible, a 1925 Mercedes 24/100/140, and a 1927 RollsRoyce Springfield Phantom I. Shannons—Melbourne Classic Where: Melbourne, AUS When: June 5 More: www.shannons.com.au Last Year: 30 cars sold / $276,239 If you're in Australia for the winter (theirs, not ours), be sure to stop by this annual event, where everything from a 1952 Austin A30 sedan to a 1977 Holden LX Torana SLR will be on hand. Leake—34th Annual Collector Car Auction Where: Tulsa, OK When: June 9–11 More: www.leakecarauction.com Last Year: 349 cars sold / $8.9m Regional auctions don't get much bigger than this, as more than 700 cars are expected to cross the block. Among them, don't miss a fully sorted 1970 Plymouth Superbird, matching and Govier-decoded. A host of Shelbys will be there as well, including a 1967 GT500 and a 1968 GT350 convertible. RM Auctions—Dingman Ford Collection Where: Hampton, NH When: June 9–11 More: www.rmauctions.com RM will auction off the comprehensive Ford Flathead V8 collection of former FoMoCo director Michael Dingman. More than 50 cars will be offered, from a 1933 racing roadster to the pristine 1940 Lincoln Zephyr cabriolet once owned by Babe Ruth. This event is a must for any fan of the Blue Oval. Barons—Jaguar Heritage Auction Where: Surrey, U.K. When: June 10–11 More: www.barons-auctions.com Last Year: 27 cars sold / $368k With a focus on all things Jaguar, this sale will feature a 1958 XK 150 DHC with just 600 miles since its thorough restoration in the late 1990s. Also look for a 1996 450 Tornado, a custom twin-turbo XJ sure to get you anywhere you need to be. Quickly. Kensington—Hamptons Auto Classic Where: Bridgehampton, NY When: June 10 More: www.hamptonautoclassic .com Last Year: 21 cars sold / $929k Peter Mole and crew once again bring collector cars to Long Island, and this year's sale should be big. Already confirmed are an all-original, low-mileage 1948 MG TC, a 1961 Ferrari 250 GT PF Cabriolet with Cavallino Classic hardware, and a mint 1955 Mercedes-Benz 300S Cabriolet. Mecum Auctions—34th Annual Bloomington Gold Where: St. Charles, IL When: June 16–18 More: www.mecumauctions.com Last Year: 167 cars sold / $9.1m Mecum always delivers at this Corvette-only sale, producing enough Bowtie sports cars to make your head spin. Star cars this year include the first 'Vette sold to the public, S/N 005, as well as a fully restored, numbersmatching “Big Brake” Fuelie from 1959. Bonhams—Rolls-Royce Enthusiasts' Club Summer Vintage Where: Northamptonshire, U.K. When: June 17 More: www.bonhams.com Last Year: 15 cars sold / $814k For the 18th year, Bonhams joins the RREC to sell classic Rolls and Bentley cars for the discerning collector. Chief among them will be a 1928 Phantom I Lethbridge, expected to bring between $120k and $160k, and a 1935 20/25hp limousine, which should fetch $47k to $66k. Silver Auctions—Coeur d'Alene Auction Where: Coeur d'Alene, ID When: June 17 More: www.silverauctions.com Last Year: 44 cars sold / $426k Accompanying the annual 14 Sports Car Market

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Car d'Lane show and swap meet, Silver hosts this small, classy sale on the shores of Lake Coeur d'Alene. Among the 150 cars expected, look for a 1955 Chevrolet Bel Air, a 1956 Lincoln Premier hard top, and a 1971 Lotus Europa. Osenat—Classic and Sports Cars Where: Paris, FR When: June 18 More: www.osenat.com Specialists at the French firm recently unearthed a long-lost 1964 Porsche 904 GTS, S/N 904/030. With the same French owner since 1968, it is described as all-original, having been drystored since 1973. Kruse—No Reserve Auction Where: Morehead, KY When: June 22–25 More: www.kruse.com In conjunction with the Poppy Mountain Bluegrass Festival, Kruse will host this no-reserve auction, which will feature Avantis and Volkswagens, Cadillacs and Triumphs, Dune Buggies and Studebakers. Come for the cars, stay for the music. Kruse—26th Annual Greater Boston Auction Where: Topsfield, MA When: June 24 More: www.kruse.com Last Year: 25 cars sold / $431k At this East Coast event, expect to see an all-original 1961 Chevrolet Corvette convertible. Auction Calendar All dates listed are current at time of publication. Contact information for most auction companies may be found in the Resource Directory at the back of this issue. Please confirm dates and locations before attending any event. Email auction info to: stefan@sportscarmarket.com JUNE 4—CHRISTIE'S Greenwich, CT 5—SHANNONS Melbourne, AUS 9-11—LEAKE Tulsa, OK 10-11—BARONS Surrey, UK 10—RM Hampton, NH 11—KENSINGTON Bridgehampton, NY 16-18—MECUM St. Charles, IL 17—BONHAMS Northamptonshire, UK 17—SILVER Coeur d'Alene, ID 18—OSENAT Paris, FR 23—KRUSE Morehead, KY 24—KRUSE Topsfield, MA 24—MECUM St. Paul, MN 26—CHRISTIE'S London, UK JULY 1-2—SILVER Jackson Hole, WY 7—BONHAMS Goodwood, UK 7—KRUSE Verona, NY 8—CHRISTIE'S Le Mans, FR 8—PETERSEN Roseburg, OR 13—CODDINGTON Springfield, MO 15—KRUSE Auburn, IN 21—KRUSE Denver, CO 22—BONHAMS Oakbrook, IL 22—MECUM Des Moines, IA 22-23—SANTIAGO Oklahoma City, OK 23—BONHAMS Sydney, AUS 24—SHANNONS Sydney, AUS 25-26—H&H Buxton, UK 28—BONHAMS Silverstone, UK 31—BARONS Surrey, UK AUGUST 3-6—SILVER Reno, NV 4-5—KRUSE Nashville, TN 5—RM Meadow Brook, MI 8—PETERSEN Sturgis, SD 17—CHRISTIE'S Monterey, CA 18—BONHAMS Carmel, CA 18—KRUSE Seaside, CA 18-19—RM Monterey, CA 18-19—RUSSO AND STEELE Monterey, CA 20—GOODING & COMPANY Pebble Beach, CA 25-26—MECUM Carlisle, PA 27-28—BARONS Surrey, UK 30—KRUSE Auburn, IN SEPTEMBER 1—BONHAMS Goodwood, UK 2-3—SILVER Sun Valley, ID 4—SHANNONS Melbourne, AUS 9—BONHAMS Beaulieu, UK 9-10—BARONS Surrey, UK 13—H&H Buxton, UK 22—MIDAMERICA Minneapolis, MN 22-24—RM Novi, MI 24—BONHAMS Sydney, AUS From the numbers-matching powertrain and hard top to the overflow tank, intake, carbs, distributor, generator and more, everything on this car came with it when new. Rust free and ready to drive or restore, this car is ready for the next phase of its story. All 'Vettes, all the time at Mecum's Bloomington Gold sale, June 16–18 Mecum—33rd MSRA Back to the ‘50s Where: St. Paul, MN When: June 24 More: www.mecumauctions.com Last Year: 113 cars sold / $1.9m Always a hit with the hot rod and custom crowd, this sale will feature another great selection of blown Ford Hi-boys and low-rider 3-window coupes. Also expect to see a wild chopped July 2006 and shaved 1952 Hudson with a Mopar 440 V8 under the hood. Christie's—Exceptional Motor Cars Where: London, U.K. When: June 26 More: www.christies.com Last Year: 185 cars sold / $3.9m In addition to selling off the extensive F1 photography and memorabilia collection of the late John Reeve, Christie's will drop the hammer on a number of cars, including a 1973 BMW 3.0 CSL “Batmobile,” estimated at $100k to $140k, as well as a 1931 RollsRoyce Phantom II Continental sports saloon, a display car at the London Motor Show in that year.u 15

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The Inside Line SCMHappenings n SCM's eBay analystGeoff Archer and his wife Brigitte Herold-Archer welcomed son Finnegan into the world on April 25. Like his two-year-old sister Annika, Finn will carry American and German passports. Bloomington Gold from June 16-18. This giant event includes a swap meet, a for-sale-by-owner corral, and, on Sunday, the prestigious judged concours. www .bloomingtongold.com (IL) n The seventh annual Modena Cento Ore Classic, a speed and regularity race for historic cars, will be held June 17–20. The 1,000-km itinerary is new this year, and includes ten timed stages and three racetrack stages. SCM will be there; other SCMers participating are invited to regale us with their event tales, whether true or just wishful thinking. www.modenacentooreclassic .it (IT) n TheRodeo Drive Concours The Archer boys n Sign up today for the fifth annual SCM Insider's Seminar at Pebble Beach this August (page 99). Led by Editor Martin, “Looking for Sanity in an Insane Market” will offer perspectives about current market activity, including freshly developed buy/sell/hold recommendations. Every participant will be a part of a small group led by an SCM expert that will perform a handson analysis of cars being offered at the Gooding auction. Held at the Gooding Auction tent at Pebble Beach Saturday, August 19, from 10 a.m. to noon. Cost is $195 for subscribers, $250 for non-subscribers. Email: david .slama@sportscarmarket.com, www.sportscarmarket.com. (CA) Events n The annual Classy Chassis Auto Show will be held June 11 on the air-conditioned field of Reliant Stadium in Houston. Cars on display will include everything from Boyd Coddington's “Boydster III” hot rod to a 2005 Ferrari Enzo, plus a comprehensive display of vehicles from featured marque Mercedes-Benz. www.classychassis.org (TX) n One-stop shopping (and showing off) for Corvette buffs takes place in St. Charles, IL, at 16 Birdcage at Le Belle Macchine d'Italia Sports Car Market d'Elegance, held on Father's Day, June 18, will feature 160 cars with a combined total value of $75 million. Highlights include an ex-Steve McQueen Ferrari and a Mercedes once owned by Clark Gable. 310.858.6100 (CA) n The 20th edition of Le Belle Macchine d'Italia at Pocono Int'l Raceway, a three-day Italian-car event held June 23–26, will this year host the Sports Car Market Historic Maserati Reunion, featuring the two-time Indianapolis 500-winning Maserati 8CTF “Boyle Special.” www.italiancarsatpocono.com (PA) n People's Champion Nigel Mansell, one of the most famous Formula One drivers of all time, will make hisGoodwood Festival of Speed debut this year, July 7–9. The festival will also celebrate 100 years of Grands Prix. www.goodwood.co.uk (UK) n Eligibility in this year's Le Mans Classic, July 7–9, has been extended to 1979, which allows the BMW M1s and Ferrari BB LMs to compete in the classic 24-hour race. The club gathering is expected to attract 5,000 cars, plus the “Le Mans Heritage Club” concours for historic chassis that are not competing. www.lemansclassic.com (FR)u Event Calendar 11—Classy Chassis www.classychassis.org 16–18—Bloomington Gold www.bloomingtongold.com 17–20— Modena Cento Ore Classic www.modenacentooreclassic.it 18—Rodeo Drive Concours d'Elegance 310.858.6100 23–26— Le Belle Macchine d'Italia www.italiancarsatpocono.com 7–9— Goodwood Festival of Speed www.goodwood.co.uk 7–9—Le Mans Classic www.lemansclassic.com JULY JUNE

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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 FILLING IN HISTORY'S HOLES Dear SCM: I just read a pro- file of the 1959 Ferrari 250 GT Competition Berlinetta S/N 1161 by John Apen (February, p. 46). My name is Michael Luftman, and I am the son of Walter Luftman, whom RM believes (probably correctly) to have once owned and raced S/N 1161. (“Bob Grossman either sold or leased the car to Walter Luftman to begin his racing career in the Northeast.”—RM catalog, paraphrased). Walter is about to celebrate his 90th birthday and still enjoys fine cars. He owned and raced several TDFs and probably never knew their serial numbers, so it's impossible to confirm if this was once his car. However, he does have pictures of a TDF he raced and won with at Montgomery in the late '50s, but it was not green. Instead it was a blue-gray metallic “gunmetal” color. At the time, he was buying Ferraris from both Luigi Chinetti and Bob Grossman. I also cannot vouch for the “fishing” fib mentioned in the article, but will ask him. It is true my Dad ended his career after an accident at Bridgehampton in a GTO (a late-model '64 with a hood scoop instead of a hood blister) in 1965, but he did not roll the car. The right rear wheel collapsed in one of the high-speed left-handers at the back of the course, and he went off the track, clouting a sand dune with both the front and rear of the car. He still has pictures of the wreck, which was then traded to Bob Grossman for a used Corvette Stingray (a car I proceeded to wreck later that summer). The race in which the GTO was damaged was part of the “Double 500” in which he was leading all the private-entry Cobras. In addition to the above cars, Dad owned a Mexico coupe, a 4.9, the only prototype to the GTO (now owned by Craig McCaw and painted blue), and at least three SWB 250 GT Berlinettas (all aluminum-bodied). We sometimes shake our heads at what the combined collection would be worth today.—Michael Luftman, South Salem, NY John Apen responds: Thanks for taking the time to write and clarify a couple of points: RM's 20 Sports CarMarket Editor & Publisher KEITH MARTIN V.P. Operations DAVID SLAMA V.P. Business Development/ General Counsel ROB SASS V.P. Finance and Marketing WENDIE STANDISH Art Director KIRSTEN ONODAY Senior Editor PAUL DUCHENE Editorial Manager KRISTEN HALL-GEISLER Auction Editor STEFAN LOMBARD Copy Editor BILL NEILL Senior Auction Analysts DAVE KINNEY RICHARD HUDSON-EVANS Auction Analysts B. MITCHELL CARLSON DANIEL GRUNWALD MyDad owned and raced several TDFs and probably never knew their serial numbers catalog was correct in saying that Walter Luftman likely owned S/N 1161; and he wrecked, not rolled, the GTO. Your father's story is quite interesting, and has not appeared in any of the extensive writings on Ferrari racing history in the U.S. And his tastes were impeccable: Value today of the cars he owned is $20m–$40m. For that profile, I relied on the interview that David Sielstad had with Grossman, so it's neat to get your dad's side of the story. I looked up your father on the Internet, and he had an interesting career. There was much information on his involvement with the CIA (Culinary Institute of America, that is), and his yacht club leadership role, but nothing on his racing career. My burning question is, does he have any memories of Grossman's first California Spyder, a closedheadlight car? It is a mystery that Ferrari historians have been trying to solve for many years. Grossman, whom I had spoken to in 1990, had no recollection of its serial number, and he had apparently lost all his business records when his dealerships ran aground in the '70s. Chinetti records for about six months around the time that car would have come to the U.S. have also mysteriously disappeared. Someone needs to publish your dad's exploits in either the Ferrari Club magazine or the magazine Cavallino. A friend of mine was scheduled to work with Grossman on the story of his career but they never got around to it. READ THE FINE PRINT Dear SCM: I was reading John Draneas' column in the May 2006 issue of SCM, and it seemed to me to be pointing to a rather glaring inconsistency in “no reserve” auctions. The article clearly stated that it is illegal for a seller to bid on his own car when it is being sold at no reserve, and I presume that would also hold true for his agent. Draneas went on to note that at least one auction company stated in the bidder's agreement that sellers were allowed to bid on their cars even if they were being sold at “no reserve.” It would then seem to me that the cars at that auction were not being sold at “no reserve,” and the auction company was misrepresenting the terms of the sale to those other than bidders. What is the point then of calling the sale “no reserve” when that is not in fact the case? SCM is purchased by individuals such as myself to keep up with 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 Information Technology JASON GLASPEY MATT KING JARED MANN Financial Manager NIKKI NALUM 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 Advertising Coordinator VALARIE HUSTON 877.219.2605, ext. 211 valerie.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 8236 SE Ash St., Portland, OR 97216

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trends and prices of collector cars, and you comment on the sales and if the price that was paid was fair. How can we then value your opinion when we do not know if the “no-reserve” car did in fact sell? The auction company is representing to the viewing public, who did not register to bid, that the cars were sold at “no reserve,” when this in fact was not true. I would suggest that if an auction company permits sellers to bid on their own cars that this be disclosed to everyone or they shouldn't call the sale “no reserve.”—Jerry Kluger, Bethesda, MD John Draneas responds: There are actually two legal points that come into play here. Both are controlled by the Uniform Commercial Code. Point one, according to the UCC: The “reserve” is the lowest price the seller will accept. In a “no-reserve” auction, there is no minimum price, and the seller has agreed to sell the car to the highest bidder. Point two, again according to the UCC: In a “no-reserve” auction, it is illegal for the seller, or an agent acting on behalf of the seller, to bid on the car at any point in the auction, unless the auction company discloses to the bidders that it will allow sellers to bid on their own cars. There is no specific standard established for this disclosure. In my opinion, since every bidder is required to sign a bidder agreement, a statement in the bidder agreement that the auction company will allow sellers (directly or through an agent) to bid on their cars is probably sufficient to meet the legal disclosure requirement. However, such a disclosure, often in fine print, is not likely to be noticed by many. And, if everyone believes that the hammer price on every lot reflects a real sale to a real cash buyer, you are right to note that the market might be misled. But, given a legally sufficient disclosure about seller bidding, the auction remains a “no-reserve” auction within the meaning of the law. Unfortunately, the legal meaning of the term is different from what many collectors might assume it to be. What I suggest you do is ask an auction company for a copy of both their buyer's and seller's agreements, and read them carefully so at least you will know July 2006 Manfredini would have almost certainly employed his brand-newDaytona coupe as inter-race meeting transport around Europe the rules the buyers, the sellers, and the auction company are playing by. ALL GOOD ON THE GOODALL Dear SCM: Thanks for the coverage you gave the Goodall Special Sports that we sold on November 23, 2005 (April, p. 60). I enjoyed Thor Thorson's article immensely. However, I feel that it raised a couple of points which bear clarification. Firstly, contrary to Mr. Thorson's supposition, we did in fact try to positively identify the car's running gear (as did the vendor). To this end, we examined and photographed it first-hand before posting the resultant images on our website, where they were picked up by several members of the Vintage Sports Car Club, who in turn suggested that the major mechanical components were probably taken from a circa 1923 Talbot 12/30. Secondly, the Talbot 12/30 was not “a very clunky medium-sized touring car with a four-cylinder engine,” as Mr. Thorson termed it, but a very clunky medium-sized touring car with a six-cylinder overhead valve engine of approximately 1,500 cc. Unfortunately, the model was not a commercial success, and survivors are akin to the proverbial hen's teeth. As such, we did not feel comfortable stating that the Goodall was definitively Talbot 12/30 derived, though some felt that the “CT” or “TC” rocker box fasteners (Clement Talbot/ Talbot Clement) mentioned in the cataloguing were proof enough. Apologies for the pedantry, but a good number of our clients hold SCM in justifiably high regard, and as such, we did not want them thinking that there was any danger of us being as “nonchalant” as the piece implied when it came to the potential sale of their vehicles.—Damian Jones, Business Development Manager, H&H Auctions Thor Thorson responds: I'll have to plead guilty and apologize for a slightly sniffy set of comments about not digging up better information about the parts used in the car. As stated, I was working strictly from the catalog description, and it was not very informative. I didn't think to look up the car on the H&H website, which in retrospect was a foolish oversight. I did search the web for infor- mation about Talbot (and Sunbeam, and Darraq) in an attempt to figure out what the engine source might be and couldn't find any “small” 6-cylinder engines listed. The closest I could find was the 4-cylinder engine I mentioned. I did call and speak with my contact at the VSCC in England, but he knew nothing of the car so I was a bit stuck for “inside” information. In an attempt to come up with reading as amusing as I thought the car deserved, I was a bit cavalier with the few facts I could find. Your clarifications are well taken. BUT WHO CHOPPED THE TOP? Dear SCM: I am a subscriber to SCM and also the buyer of the 1969 365 GTB/4 Daytona spyder conversion S/N 12815 from the Gstaad auction in December. In your write-up of the car, you mention that Corrado Manfredini was the original owner of the car. This is new information to me. Do you have any other information on this car? Also, do you know if Mr. Manfredini is still alive? If so, any hints on how to contact him would be appreciated.—Tom Kazamek, Manhattan Beach, CA Richard Hudson-Evans re- sponds: Apart from my personal inspection notes, compiled during viewing at Gstaad and summarized in my SCM sale report, according to the Bonhams catalog entry for Lot 210, Daytona spyder S/N 12815 started life in 1969 as a 365 GTB/4 coupe. The fixed-head was supplied new in Italy to race team owner Corrado Manfredini, who, with partner Giampiero Moretti (of Momo steering-wheel firm fame), must have been one of Ferrari's best customers: Manfredini and Moretti purchased no fewer than three 512S racers from the factory for the 1970 season. Manfredini would have almost certainly employed his brand-new Daytona coupe as inter-race meeting transport around Europe. With such wheels, he would have cut quite a dash in the top paddocks of the day. Between Manfredini and the vendor at Gstaad, again according to the auctioneers, there was only one other owner who, presumably, could have been responsible for the conversion by an unknown coachbuilding firm from original fixed-head to the open spyder configuration. Although several coupes have been given a chop-job to turn them into what were perceived to be more desirable and valuable spyders, thus augmenting Ferrari's factory-supplied and very limited production run of 123 “official” spyders, the recent appreciation in Daytona coupe prices should ensure that original coupes no longer lose their roofs. As for whether Manfredini or Moretti are still in circulation in fine motor car circles or not, I cannot ascertain. There may well be an SCMer out there who can help. If either of them can be traced on this 21

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Ad Index Autosport Designs ........................111 Bald Head Garage ........................103 Bart Holland BV Restoration Co. 113 BB One Exports .....................75, 119 Blue Highways .............................117 Bonhams ........................................61 Bonhams & Butterfields .............9, 29 Boyd Coddington Auctions ............44 Brian D. Moore Restoration .........144 Chicago Classic Cars, Inc. .............73 Christie's Auction...........................37 Classic Car Financial ...................141 Copley Motorcars Corp. ...............138 Cosdel ..........................................145 Digit Motorsport ..........................121 Ebay Motors ~ Swirl Agency .......109 Exotic Car Transport ....................144 Family Classic Cars .......................53 Fantasy Junction .............................85 Fourintune Garage Inc .................144 Friends of the House ......................89 GM ...................................................6 GMP Diecast ..................................67 Gooding & Company .......................2 Gooding & Company .....................99 Gran Prix Imports ........................143 Gregor Fisken .................................79 Grundy Worldwide .........................13 Hagerty Insurance ..................25, 148 Horseless Carriage .......................145 Hotseat Chassis Inc ......................144 Hyman Ltd. ..................................103 Intercity Lines ................................33 Italian Car Parts ............................144 J.J. Best Banc & Co. ....................137 Jen Jac's Restorations ....................93 JR Rouse Real Estate ...................129 Kensington Motor Group ...............87 Kruse International .................77, 105 Le Belle Macchine d'Italia ...........133 Maserati North America .................11 Meguiar's .......................................23 Mershons Corvettes & Classics .....75 Motorcar Portfolio .......................123 Parish Heacock Insurance ..............31 Park Place Ltd. ...............................83 Park Place Ltd. ...............................97 Paul Russell and Company ............91 Pebble Beach Concours ...............145 Premier Financial Services ..........147 Putman Leasing ..............................17 Quail Lodge ...................................27 Renaissance Design .......................95 Re-Originals ...................................79 RM Auctions ................................4, 5 Ron Tonkin .....................................55 Russo and Steele ............................18 Silver Auctions .............................135 Symbolic Motors ..............................3 Tubi Style USA ............................115 Valenti Classics ..............................81 Vintage Motors of Sarasota ..........101 Vintage Rallies ...............................85 VintageAutoPosters.com ..............145 VIR the Gallery ..............................91 Zymol .............................................63 22 earth, they may possibly remember Tom Zazamek's Daytona as it was in the beginning. ALL HAIL THE KING OF WALES! Dear SCM: What a hoot the seller of the Lincoln provided in his eBay description. The royal ownership of the 1938 Lincoln “first owned by King George V of Wales” in the May eBay Motors pages falls at the first fence. Wales is a principality, and there was no Prince of Wales in 1938. Nor indeed, was there ever at any time in history a “King George V of Wales.” Could it have been King George V of England? Sorry, he died in 1936 and his royal stable consisted of Daimlers. No way would he have bought an American car. Nor is it the Lincoln used for the royal tour of Canada in 1939 by King George VI and Queen Elizabeth—that was a convertible (and, as far as I know, the only time any of our Royal Family ever rode in a Lincoln). Nor did they ever use a coupe—there's no way a Royal could exit gracefully from the rear of a two-door car. Why do people make up such daft provenances—and, more importantly, why does anyone spending serious money swallow them?—David Burgess-Wise, via email EYE ON THE MUSTANG MARKET Dear SCM: I Googled a story by Dave Kinney about the original Ford Mustang Shelby GT350 H and noted that it said the value of those original cars is $25k–$42k. Is that still at all accurate? I hear there are a lot of fakes out there, as I guess there are with many special “story” Mustangs. Thanks in advance for any insights you might have about these cars.—Jerry Garrett, City, ST Dave Kinney responds: Jerry, I have a friend who, when I go on a road trip with him, will watch the prices of gas posted on the enormous signs, looking for the best deal. He is the type of guy who will see a weathered sign and an offcenter digit that reads $1.19 per gallon and immediately pull off to see if he can fill his tank at what is way less than half of today's prices. When he finds out the inevitable, that the gas station was closed before the turn of the millennium, he's disappointed, yet somehow he manages to remain optimistic that Nor is it the Lincoln used for the royal tour of Canada in 1939by King George VI and Queen Elizabeth a gas station with half-price gas exists somewhere down the road. Tenacity and optimism are both good traits to have when looking for old cars, but I'm afraid I have some bad news. With the sharp increase in muscle-car prices in the past few years, Shelbys remain at the forefront of cars that have increased in value each year. When I wrote the piece you referenced, it was late 2001 (it originally appeared in the January 2002 edition of SCM), and the price quoted was both accurate and relevant. Today, that price is neither, except as a point of historical reference. The current Sports Car Market Price Guide quotes the value range for a 1966 Shelby GT 350H as $80,000–$115,000. Because the price guide was assembled and printed well over six months ago, it, too, is now out of date. Cars in #3 condition might still be available solidly under $100,000, but anything coming close to a #2 condition is going to cost you in excess of $145,000. As to fakes and frauds, before buying any Shelby, get your hands on the Shelby American World Registry. It is the catalogue raisonné of all things Shelby. It's not perfect, but the best available today. By the way, if you find that $25,000–$42,000 Shelby out there, I have ready cash to go partners with you. Dear SCM: I would like to comment about the '64-1/2 Ford Mustang described in the April issue on page 114. You discuss briefly the half- year issue. There were no '64 Mustangs. The Mustang was a mid-year release, and was always advertised as a '64-1/2. Part of the reason we may see titles listing 1964 as a model year may be due to title clerks, who either didn't have the ability on their records to indicate the half-year model, or didn't care enough to include it on the title. Ford seems to have liked half-year introductions, as they received undivided media attention (as opposed to the flood of new models that tended to come with each new full model-year). They also used this approach with the '63-1/2 Galaxy. The second concern I have about the write-up concerns the assertion that a 289-ci V8 was correct for this car. I believe that the correct V8 for a '64-1/2 is 260 ci. It is my understanding that the 289 was introduced with the '65 model year. While I might be convinced that the production line ran out of 260s prior to the model year change, and a few 289s found their way in at the tail-end of production, I don't believe that an April '64 build date corresponds to a 289. One difficulty in dealing with old Mustangs is that the VIN is on the driver's door. These cars were Sports Car Market

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You Write We Read extremely popular, and at one time were very cheap used cars. This meant that if a driver's door was damaged in the '70s or '80s, it was much cheaper and easier to get a junkyard door than to fix a damaged one. Since '64-1/2, '65, and '66 doors interchange, there are many cars out there with VINs that are not correct for the car. Also, if one had title problems, a door and title could be easily obtained from the junk yard.—Phil Menhusen, Mankato, KS BBi OR GRIFO? Dear SCM: Ferrari 512 BBi or Iso Grifo? I like both and am going to add one to the collection; I wondered what your take is. They both offer things I like, but in terms of the marketplace, which do you see being the more valuable?—John Fliessbach, via email Steve Serio responds: 512 BBi vs. Iso Grifo? Wow, that's not even a Red Sox vs. Yankees; it's Red Sox vs. Vikings. Two entirely different and interesting cars from two different eras and two wildly different configurations. If I had to hedge and not give you the old “The most valuable one is the car you'll enjoy the most” answer, then this is my own two sheckles worth. I'd pick the Iso. The Boxer is a curious, extremely capable car and one that I've found entirely useless on our lovely U.S. roads in most real-life driving experiences; a car that is compromised at low, realistic speeds and one that lives in the middle of most Ferrari collectors' wish lists. This is not a huge knock on the Boxer, it's only a criticism for the purposes of answering this particular question. It's also available in relatively large numbers and is a 1980s thing that still needs to be made smog-friendly in a number of states. Iso Grifos, like Bizzarinis and certain Lancias, have perhaps flown under the radar of mainstream collecting for years and are now very sought after. They are extremely rare, come in a variety of styles (open or closed headlight, small or big block, coupe or targa), are beautifully designed, and benefit from the Anglo-Italian thing that can be kinder on your wallet for engine repair and servicing. Great Grifos are closing in on $200k and, in my opinion, are still a bargain for what they offer. I had the pleasure of owning one of the original 24 I can't believe that the buyers of these cars today are thinking that they're going to put the ‘Stang on the curves of Highway 101 at a hundred miles an hour. targa-topped cars equipped with a 5-speed. I regret selling that car; it was an Italian-bodied muscle car of the first order and was a real treat to drive at any speed. I know there are 500 Ferrari buyers for every Iso buyer, but isn't that another good reason to stand out and appreciate the Iso? WE'RE HEARTLESS, BUT FUNNY Dear SCM: In response to “Whatever Floats Your Car, Man” by Craig Morningstar (May, p. 32): I am shocked (shocked!) by the disdain shown to your loyal readers who had taken the time to pen thoughtful letters in defense of their beloved car/boat. If this is the kind of article I can expect from SCM, then I will just have to ask you for a lifetime subscription. I am still laughing.—Dave Freeman, Seattle, WA MUSCLE CARS 4-EVER Dear SCM: Fred de Napoli is pleading for a lighter touch at SCM re: muscle car coverage (May, p. 20), and I have to disagree. First, he cites the cars for their poor build and performance ethic. While no muscle car is going to outperform modern cars, race cars of the era, or Euro cars of the era, that's not why they were purchased, then or now. While I almost never agree with Keith Martin, I have to agree with his column in the same issue noting that cars are bought from the heart. I think de Naploli is mistaken when he comments that these cars “perpetuate the myth... that horsepower equals performance...” I can't believe that the buyers of these cars today are thinking that they're going to hop on down to the longest street in town for a little drag racin', or put the 'Stang on the curves of Highway 101 at a hundred miles an hour. Further, I've been on the track at Portland International Raceway with a number of excellent drivers who were able to hammer their auto-shift, unaltered muscle cars to turn in great times—that would be in the early '90s, before anyone cared about these cars. I think the buyers just want what the car can do—no more, no less. And the comment about who will buy these tarted up Darts and Falcons? “Certainly no Gen-Xer...” I have a '65 Falcon convert, and while it's one of several cars in the stable, it never fails to garner the most attention from the youngsters. Kids are into these cars, make no mistake about it. Retro is cool, and it's going to stay cool for a long, long time. I've been a student of markets of all sorts for 25 years, and one thing I have learned is that the consensus is almost always wrong. The car market guys keep preaching that once your car goes beyond the common knowledge of the population, the car's value is toast. That might be true for cars that can't keep up on modern roads, but I don't believe it's true for cars that can perform well.—Michelle Dicus, Estacada, OR $14,000? NEVER MIND Dear SCM: I've been mean- ing to write you about the 1979 Alfa Alfetta that you wrote about in SCM last fall. Sold at $14k, all the money in the world for that car, or, perhaps, enough to purchase all the Alfetta sedans remaining in the world. An acquaintance owned it, and, as it turns out, still does. The car was a no-sale, as the buyer reneged. Buyer's excuse was that he just wanted to determine the reserve, so rather than ask, he just bid it up and became the winner. Same thing happened to a friend of mine, J. Winsor, and I with a '73 911 coupe we thought we had sold. Anyway, I might offer the Alfa again on eBay. It is truly concours condition, if anyone really cares.— Steve Midgett, Philadelphia, PA SHEEHAN SPEAKS, TONKIN TALKS Dear SCM: Regarding Mike Sheehan's June piece, “New Faces, New Tastes,” he is described as a “Ferrari dealer for 30 years.” I believe the public would gain the impression that implies a franchised new Ferrari dealer. Mr. Sheehan may have been dealing in used Ferraris during that period; however, I do not believe Mr. Sheehan has ever been a franchised Ferrari dealer. Also, the two pictures used in his article are of the museum we built in Portland, Oregon, and while flattered he, or someone, chose to use same, it would have been nice had proper accreditation been given as to their location.—Ron B. Tonkin, Portland, OR Keith Martin responds: Please accept our apologies on two counts. First of all, we should have written, “Mike Sheehan has been dealing in Ferraris for more than 30 years,” rather than implying that he was an authorized dealer. Second, we should have identified your museum as the location for the photos. SCM regrets the errors. CLARIFICATION In the May, 2006 issue, on page 30, Sports Car Market published the story, “Is It Legal to Bid on Your Own Car?” The article was intended as a general discussion of the law applicable to auctions, and was not specifically related to any one auction or any specific individuals. SCM regrets the use of the photo of Tom “Spanky” Assiter with the story. The photo was intended as a generic auction image, and was not meant to imply any connection between the contents of the article and Mr. Assiter or the Barrett-Jackson auction.u Sports Car Market

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Stuff Neat by Kristen Hall-Geisler WHAT YOU NEED AND HOW TO GET IT Immortalize your special car—or 20, at this price—with uStar Studios' DigiColor Paintings. Rather than commissioning an artist to hand-paint your collector car, uStar Studios will turn a photograph into a watercolor-style painting on archivalgrade paper using a traditional printing press. The prints are fade-free, and the paper has a matte finish. $199. 503.659.0742, www.ustarstudio.com. We're pretty sure the new MG Timepiece It's clean, it's simple, it's Vast.com. This website searches the web for cars for sale, both domestically and internationally. Limit your search by keyword or zip code, or search by marque and model only to find rare cars anywhere in the world. http://vast.com. Collection from Clic Time will work at night—Lucas isn't mentioned once in their press materials. The watches are as stylish (and affordable) as the classic MG models, such as the MGA, MGB, and TC, they were created to honor. $75–$225. +44.1661.867.774, zoe@clictime.com. Project Gotham Racing 3 and the new xBox 360—two great tastes that taste great together. PGR3 gives the latest incarnation of Grand Turismo for PlayStation 2 a run for its money, with crisp graphics, great sounds, and realistic feel. The novice setting means anyone can play without getting frustrated. The xBox 360 goes a long way toward making the game playable, including having the throttle on the pressure-sensitive trigger button rather than the standard, hand-cramping right thumb button. Project Gotham Racing 3, $42.99; xBox 360, $399.99. Both available at major retailers. www.microsoft .com/games. Keep your Porsche paint looking fresh from the factory with Zymol's Glasur Glaze. The carnauba-based wax was developed in cooperation with the Porsche Club of America to keep the color and finish of your German sports car shiny and protected. $95. www.zymol .com. 26 Sports Car Market

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SCM Our Cars For Us, These Are Practically Brand-New 1994 MERCEDES-BENZ E320 Owner: Joe Severns, Auction Reporter Purchase date: September 2005 Price: $7,500 Mileage since purchase: 19,000 Recent work: Water pump replaced, new tires; about to replace rear main seal Every day I would pass the Porsche mechanic's shop in Valdosta, Georgia, and every day I would ponder going in, talking to the owners, and asking them to locate a mid- or full-sized German car for me. I finally stopped and inquired about possibly buying a customer's car or getting them to inspect one or two local BMWs that I had my eye on. The owner's son had the nicest-looking E320 sitting out back, his daily driver, a car that he babied—but still a car with, to me anyway, a serious price. He talked me into a test drive, even though I wasn't looking for such a formal car. I fell in love with it after two blocks. The asking price was $8,500, and through my masterful negotiation skills, I talked him down to $7,500—high for that model car, but I felt confident, as it belonged to a certified Mercedes-Benz and Porsche mechanic of some note. He took excellent care of the car and kept meticulous records, which went back to the original female owner. Of course, she only drove it to church and the market. I bought the car, replaced the tires and water pump, and the car has given me no trouble, save for a sometimes noisy fan in the finicky automatic climate control and an oil slick on my garage floor from a leaky rear main seal. It's two-tone black and gray with (illegally) limo-tinted windows. The Police Benevolent Association sticker on the rear window—courtesy of my sheriff brother—has gotten me out of plenty of tickets. The car drives straight and true, and, for having 180,000 miles, is still one of the best cars that I have owned. Stella owns the matching coupe to my 1985 Avanti convertible, one of three built before production ceased and the factory closed, a recurring theme with Avanti, the car that refuses to die. The coupe is one of seven with a factory-equipped 5-speed transmission, a Doug Nash unit normally found in Camaros and Firebirds of the era. The car is also one of two 1985s built with 1963–64 style fenders, providing a bigger opening for wider tires. It was also factoryequipped with such nice features as Koni shocks and Recaro seats. We purchased the car new, and it has since led a quiet life, mostly in the garage, driven a few dozen to a few hundred miles per year. Last October, I was in the garage and saw shattered glass alongside the Avanti. The large rear window was in thousands of pieces, both inside and around the car. I went searching for a source—something that had fallen from the roof of the garage or another source of contact. A friend suggested that the defroster was left on, but the battery had been disconnected since the previous month. After a bout of procrastination, I called our insurance carrier, Hagerty, and telephonically filed a claim. Hagerty, with my direction, found a new backlight, and it was expertly replaced by KC's Auto Glass of Springfield, Virginia. No one at the glass shop was surprised that the glass just decided to give way on its own time. Lesson learned—and it's a tough one to swallow—sometimes things happen just because they happen, and the best care and planning won't help. 28 1985 AVANTI COUPE Owner: Dave Kinney, Senior Auction Analyst (OK, it really belongs to my wife, Stella Koch) Purchase date: 1985 Price: $35,000 Mileage since purchase: 8,000 Recent work: Replaced rear window 1990 BUICK ESTATE WAGON Owner: Geoff Archer Purchase date: December 2005 Price: $1,550 Mileage since purchase: 750 Recent work: New tires and wiper blades As I dragged two jetlagged dogs in huge plastic crates, several enormous suitcases, one cranky toddler, her pregnant mother, and all of their associated externalities through the Portland Airport parking garage in search of our getaway car, I felt like a mash-up of Chevy Chase's Fletch and Clark Griswold characters. It was pouring rain and after ten at night. Various SCM staffers had set me up with an “arrive and drive” package; though I found the car myself on Portland's craigslist, I had never seen it in person. We live in Virginia during the school year and vacation on the Oregon coast whenever we can. When making our travel plans, I was aghast to find that three weeks in a large rental car would have run about $1,400. I thought, “My first few cars cost less than that!” And that's when it dawned on me. I felt inspired to live the dream: I wanted to buy a car, use it for a few weeks, and sell it for no loss. There she was, glowing under the buzzing fluorescent lights, beached on level 5G; my first “woody wagon.” I climbed in through the passenger side, slid across the huge brown leather bench, and found the keys under the driver's floormat—just where Web Analyst Jason Glaspey said they'd be. I loaded up my Griswolds and floated precariously round and round the tight, concrete corkscrew exit ramp. Both wipers squeaked on each pass of the windshield crack that Senior Editor Paul Duchene had said, “couldn't get any worse.” I breathed deeply through my nose and felt a satisfied grin coming on. Idling at the cashier's booth I felt like a real man; a family man with laminated, simulatedwoodgrain flanks.u Sports Car Market

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Affordable Classic Rob Sass 1967–75 Lotus Europa Europas seem to come two ways—completely done or completely done-in. There's little point in messing with the latter C olin Chapman and Lotus led the giantslaying revolution of rear- and midengine race cars, so it's not surprising that Lotus was among the first to bring a mid-engine production sports car to market in 1967. The car was christened the Europa in a nod to Britain's European Common Market ambitions and the fact that the car sported a Renault-sourced engine and transaxle. Although it seems like an odd marriage—a British sports car and a French powertrain—the choice made sense. Chapman simply took the 1,470-cc engine and transaxle from the frontwheel-drive Renault 16 sedan, turned it around longitudinally and voilà: a mid-engine sports car with economical mechanicals that could be easily serviced on the continent, where the first two years' production was sold. It was a formula that would be followed countless times by other midengine car designers. SUBLIME RIDE AND HANDLING Chassis design was pure Lotus, with all that Would look good delivering biscuits implies, both good and bad. The suspension had unequal A-arms with coil springs up front, lower A-arms in the rear with the driveshafts providing the upper lateral links, and trailing arms. In reviewing the remarkable ride/handling balance that the Europa struck, Road & Track commented that “a master chassis tuner has been at work.” On the bad side, the backbone chassis is just as fragile and rust-prone as that of the Elan. Body design (at least from some angles) was familiar as well. From the firewall forward, the impossibly low Europa was a fairly handsome car almost reminiscent of the sublime Elite. The rear three quarters was another matter. Lotus met the challenge of designing a mid-engine car in a less than successful fashion. Early cars have a decidedly breadvan-like profile. The rear window had all the visibility of a Normandy pillbox. Like the Elite, the side windows were fixed, making the car feel even more claus- trophobic. In many ways the Europa is about as far from the MG TC, fresh-air English sports car experience as you can get. Customized blackout window tints make the experience positively fetal. At least the interior was well appointed, with a full complement of handsome Smiths gauges, polished walnut on the dash, and, in later cars, big face-level vents. In typical Lotus fashion, none of the soft trim was of particularly good quality; consequently, it is rare to find a Europa with its original interior. What is not widely realized is the longevity of the DETAILS Years produced: 1967–74 Number produced: 8,969 Original list price: $4,695 (1970) SCM valuation: $7,500–$20,000 Tune up/Major service: $500 Distributor cap: $23.95 Chassis#: ID plate on inner fender of engine compartment Engine#: Right side of motor mount pad Club: Lotus, Ltd., P.O. Box L, College Park, MD 20741 More: www.lotuscarclub.org Alternatives: 1971–76 Porsche 914, 1961–73 Alpine A110, 1985–87 Toyota MR2 SCM Investment Grade: C Europa model. It was around for eight years and three major variants. Series 2 production began in 1968, the major differences being power windows that rolled up and down, mag wheels, and an extra 100 cc of displacement to counter U.S. emission regulations. BIG VALVE EQUALS BIG PERFORMANCE Series 3 production began in 1971. Lotus finally cut down the rear-quarter wings, but it didn't do much for either visibility or style. Any series Europa is still a 30 funky-looking car. The real news, however, was the 105hp, twin-cam Lotus engine from the Elan. Still mated to the Renault 4-speed transaxle, the Europa was now good for 117 mph. The final Europa, the Special, was available with the 126-bhp “big-valve” engine, also from the Elan, and a 5-speed (still Renault-sourced) transaxle. In this guise, the Europa would do well over 120 mph, and with all-up weight about 1,250 pounds, fuel economy was a surprising 26 mpg. Europas on the market today seem to come two ways—completely done or completely done-in. Given Europa values, there seems little point in messing around with the latter. The same pitfalls that confront Elan owners and restorers confront a potential Europa buyer. Fiberglass quality was decent, but a stress crack here or there isn't the end of the world, anyway. Series 1 cars with chassis issues are best left alone, as the chassis were bonded to the bodies, making repairs difficult. Like the Elan, Europa chassis are rust-prone, and, although replacements exist, it makes more sense just to find an example with a good chassis. If there is an elegant variation, it's probably the black and gold John Player Special. Although never common here, thousands of Renault 16s were sold in Europe, so mechanical spares for the early cars exist. Pay special attention to the 5-speed transaxle in the big-valve Specials. 126 bhp was pushing the outside of the envelope for what the box could handle. As usual, an oil and coolant cocktail means a bad head gasket, and that's not uncommon in any Europa. At least one specialist is behind you if things go wrong. In the case of the Europa, it's Dave Bean Engineering, Sports Car Market

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www.davebean.com. A measly six bucks will get you a comprehensive catalog. Dave's expertise with Elans and Europas is extensive. COLLECTORS PAYING LITTLE ATTENTION As creative and entertaining as Chapman's products have always been, few Lotus models are the darlings of collectors. While the Elan, Seven and the Elite have a bit of a following, aside from the racecars like the Eleven and the 26R, that's about it. The Lotus reputation for fragility has never helped the value of the road cars. Size also works against them. Those old enough to remember the Europa are likely to have a hard time squeezing themselves into one today, after decades of supersized meals and 64-oz Big Gulps. Any first-time driver will probably be unnerved by the feeling that his or her feet are resting on the front bumper. The other thing that works against the Europa is its more stylish and grown-up successor, the Esprit. Series 1 and Series 2 Esprits are still dirt cheap. As long as this remains the case, it seems doubtful that the Europa will see any serious appreciation. But this is certainly not a reason to avoid the car. Those who seek one out will enjoy impressive ride and handling, along with quirky looks guaranteed to get you noticed.u ROB SASS is SCM's Vice President of Business Development and General Counsel and has been collecting and restoring affordable classics since he was 16. 1969-72 Lotus Europa $12,000 $15,000 $9,000 $6,000 $3,000 1970-76 Porsche 914 1974-79 Fiat X1/9 20 Year Picture 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. July 2006 31 1987 1992 1997 2002 2006

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Legal Files John Draneas Tax Consequences of Selling Your Car In some cases, waiting a few weeks, or even a single day, to sell your car can result in substantial tax savings C ollector car values are skyrocketing, and many of us have substantial gains in our collections. More and more collectors are wondering if the market is peaking, and whether they should sell. If they do sell, what are the tax consequences? Although many of us want to stay in denial about this, gains on col- lector cars are fully taxable, and failing to report them runs the risk of a tax fraud charge. On the other hand, collectors who are new to the game are buying cars at today's rather feisty prices. Of course, if the market keeps going up, they will accrue substantial gains. But if the bubble bursts, as some expect, these investors could suffer losses. Are there any tax advantages to soften the blow? START WITH THE RIGHT PIGEONHOLE You should begin by identifying the tax character of your collector car, which depends on the purpose behind your ownership and the way in which you use it. The various classifications, and their general tax characteristics, are as follows: Personal use: This is the car that you drive for personal purposes; that is, your regular driver, not used in your business. You cannot depreciate the car. If you make money on it, the gain is taxable as a capital gain. If you lose money on it, there is no tax benefit afforded. Investment: This is the car that you buy to make money on when it appreciates. It can be driven only in a limited manner, otherwise it becomes a personal-use automobile. It can be a blue-chip collectible, but doesn't have to be. You cannot depreciate it. If you make money on it, the gain is taxable as a capital gain. If you lose money on it, the loss is a capital loss. Business use: This car is driven as part of your busi- ness and you can depreciate it. If you make money on it, the gain is taxable as ordinary income to the extent of the depreciation that you have previously claimed on the car, and capital gain thereafter. If you lose money on it, the loss is deductible as an ordinary loss. Inventory: This is the car that you own to sell to your customers in the ordinary course of your business. You cannot depreciate it. If you make money on it, the gain is taxable as ordinary income. If you lose money on it, the loss is deductible as an ordinary loss. WHICH IS BETTER? If you have a gain, it's best if it's a long-term capital gain. Long-term means you owned the car for at least a year. The result is that the profit is taxed at a maximum 28% federal tax rate (collector cars do not qualify for the 15% rate). A short-term capital gain is taxed the same as ordinary income, at your regular income tax rates up to 35%. Which means that in some cases, waiting a few weeks, or even a day, to sell your car can result in substantial tax savings (see sidebar). If you have a loss, an ordinary loss is best because it can be deducted against your ordinary income. Subject to various limitations, that can yield up to a 35% benefit. A capital loss can be offset against other capital gains, yielding a 15% or 28% benefit, or deducted against ordinary income at the rate of $3,000 per year. Any unused loss will carry forward. State income taxation is generally the same as the federal treatment, although that differs in some respects in some states, and the tax rates vary widely. 32 A popular tax deferral technique for real estate is a “like kind” exchange. The same can be done with collector cars. If you meet the various rules that apply to the economics of the exchange, you can exchange one collector car for another without paying tax. This technique is available for collector cars held for investment and business use. It is not available for cars held for personal use or as inventory. THE IRS DOESN'T PLAY FAIR These distinctions were highlighted in a U.S. Tax Court case decided last year. This case dealt with the tax consequences of losses on the sale of collector cars by David Taylor Enterprises, Inc. after the death of its sole shareholder. Taylor was a successful car dealer in the Houston area and one of the largest Cadillac dealers in the world. Taylor 1958 Porsche Speedster Tax Recap ESTIMATED CAPITAL GAIN TAX IF PURCHASED AS AN INVESTMENT Length of Ownership Purchase Price Sold Price Income Tax Under 1 Year $100,000 $150,000 $50,000 Net Profit $17,500 (35%) $32,500 Over 1 Year $100,000 $150,000 $50,000 $14,000 (28%) $36,000 Sports Car Market

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had a passion for classic cars and established an impressive inventory at his Galveston, Texas, facility. This effort began in 1979 with the purchase of a 1931 Cadillac Roadster for $40,000, and resulted in 80 car sales over 12 years. All the classic cars were impeccably restored. They were stored in a temperature-controlled facility known as the David Taylor Classic Car Museum. The public was allowed to pay admission and tour the museum. All cars were available for sale at all times. They were kept on jack stands to protect the tires from leakage and flat spots, they were started every six weeks, and the oil was changed every six months. In the years prior to Taylor's death, the corporation sold eleven cars, at gains of up to $143,000 on one car. It reported all gains as ordinary income from the sale of its inventory. After Taylor's death, it became necessary to raise cash to pay estate taxes, and 69 cars were quickly sold through a broker, not uncommon in this type of situation. The sales produced substantial losses, which the corporation deducted as ordinary losses, logical because the cars had always been treated as inventory. The IRS challenged the deduction of the losses. They seized upon the storage of the cars in the museum, separate from the new car inventory, the admission fees charged to the public, the collector license plates on the cars, and the relative infrequency of sales (eleven) before Taylor's death. They also claimed the relatively long times the cars were owned (typically seven to ten years) and the lower level of marketing as compared to the new cars was proof that the cars were not held as inventory. Rather, the IRS claimed, the cars were held for exhibition as museum pieces. As such, they were investment assets, and the losses were required to be treated as capital losses. With no capital gains against which to offset the capital losses, that produced a tax increase of about $545,000. Although not directly stated in the court's opinion, my estimate is that the sale of the 69 cars after Taylor's death generated a loss of over $1.5million. The Tax Court was not persuaded by the IRS. The judge couldn't understand the museum piece argument: “We question whether the dealership would expend effort to acquire, rebuild, and maintain the classic cars if the purpose was merely to display them, stationary, at a museum.” Obviously, and luckily for the estate, the judge was not a car guy. The Court also criticized the IRS's lack of consistency. The IRS never objected when the corporation paid income tax at the higher ordinary rates on its profits when it sold the eleven cars in the years prior to Taylor's death. It reported the profit from those sales as ordinary income, and paid taxes at ordinary rates. But now that the pendulum had swung and the cars were being sold at losses and generating ordinary deductions, the IRS wanted to raise questions. That is true, but that's what they do. NEAR TOTAL VICTORY The taxpayer won. Yet even though it seemed like the IRS didn't have much of a case, a contested audit was required, along with an appeal within the IRS and litigation in the U.S. Tax Court. I would guess that this entire exercise probably cost the corporation at least $100,000 in legal fees. But at least the legal fees are deductible as ordinary expenses, reducing their net cost by 30%–45%. Admittedly, that seems like little consolation, but when dealing with the IRS, you take any prizes you can, no matter how small.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. July 2006 33

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Collecting Thoughts Euro Racing Putting Your Papers in Order FIA certification should make you “King of the Castle” in respect to your car, and make your provenance claims virtually impregnable against all comers by Martin Emmison Part 2: The Heritage Certificate The FIA's new Heritage Certificate could be the last word on authenticity—for five years at a time I 34 f you are planning to lay out a substantial sum on a historic competition or collector car, is there any way you can ensure the car you plan to buy is genuine? How do you go about identifying a replica that's mas- querading as the real deal? Can you really know if the machine parked in your garage is an original, or just a bitsa built around a few original components? These are serious questions that take on increased rel- evance as the cubic dollars involved multiply. As I have suggested in previous articles, the process by which fakes are created and passed off as originals can be lengthy and complex, and the resultant cars hard to disprove even when you've got all the evidence in the world. Trust me when I tell you that you don't want to become embroiled in a legal dispute over the provenance of your car. ENTER THE FIA So what to do? The main course of action has usually been to seek advice from a marque guru who knows everything about your model, and then have the car closely inspected prior to purchase. However, as part of the overhaul of its paperwork regime, the Federation Internationale de l'Automobile has begun offering a Heritage Certificate, its authoritative opinion of a vehicle's authenticity. Last month I began discussion of this new system of issuing paperwork for historic vehicles, which goes into effect on January 1, 2007. That article covered the Historic Sports Car Market Eric Wittenberg

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Technical Passport, the eligibility certificate for participation in historic motorsports events, which is primarily needed for those events held outside the United States, like the Tour Auto and Le Mans Classic. The Heritage Certificate, on the other hand, has nothing to do with a car being eligible for historic racing. This document is issued under the auspices of the Touring Division of the FIA, and is available for all vehicles of any age, road cars as well as competition cars, and even covers commercial vehicles. What, you may ask, is the FIA doing holding itself out as an expert in authenticating historic cars? The answers lie partly in the previous paperwork regimen, in which a Historic Vehicle Identity Form (HVIF) certified that a car was eligible to participate in historic motorsport under the FIA's Appendix K regulatory framework. Around 12,500 cars were issued an HVIF, and the FIA has now gathered the bulk of that information into a central database. The FIA also has access to a large number of marque experts, many of whom were around when these cars were new, and are now able to assist in resolving which cars or components are genuine or correct and which are, or may, be fakes. It makes sense to gain the benefit of that knowledge while these experts are still with us, because they will not be around forever. A further factor is that the FIA is an independent entity, and therefore not subject to the influences of commercial, national, club, or other special interests. To issue a Heritage Certificate, the FIA asks three questions: 1. Was there a car created in the relevant period? 2. Can it be demonstrated that the car has always been in existence? 3. Is the applicant vehicle that same car? The essence of qualification is that the vehicle can be demonstrated to have a continu- ous existence, as one car, since its point of original creation. Components will clearly have been changed, and if the car has been altered in period, a Heritage Certificate may still be issued with this qualification stated. WHAT YOU GET The Heritage Certificate application requires completion of a detailed form with sup- porting documentation, and payment of a €1,500 fee (approx. $1,850) plus inspectors' travel expenses. The FIA's inspectors will then carry out a rigorous inspection of the car and its documentation, and seek to verify the car's continuous history from new. If the Heritage Certificate committee concludes that yours is the genuine car of a given chassis identity, documentation will be issued for your car, along with a numbered vignette for permanent attachment to the car itself. Effectively this certifies that, as far as the FIA is concerned, your car is at a minimum the only true heir and successor of the genuine car, and at best is indeed the genuine car of its chassis number. A Heritage Certificate will not be issued for another vehicle with the same identity as yours for the next five years. While this five-year qualification may appear to detract from the certificate, its inclusion is recognition that mistakes can be made, and that new information may come to light that can render a previous opinion invalid. AND WHY WOULD I DO THIS? The potential benefits of the FIA's system can be imagined if we revisit a dispute over two vehicles that both claimed to be Jaguar C-type S/N XKC023. I detailed this story in “A Doppelganger Discredited” (SCM June 2004), but a brief recap is in order. In 1998 Swiss collector Dr. Christian Jenny acquired Jaguar C-type S/N XKC023, the last of the 53 original C-types that had not been accounted for, a car that Jaguar expert Terry Larson had unearthed in Northern California in a dismantled state. Notwithstanding clear evidence demonstrated by Larson in his restoration that this was the original car, and the testimony of individuals who were involved with its in-period California racing career, Dr. Jenny still had to contend with others who claimed to own the original C-type. The most determined of these was Dr. Helmut Rothenberger, a German collector who claimed his was the real XKC023, a car for which FIA papers had been issued in Italy in the 1980s. My firm represents Dr. Jenny, and when I wrote the first article two years ago, we were trying to press Dr. Rothenberger into a joint examination of both cars by independent Jaguar experts at a neutral location to determine which was the original. After many months of wrangling, that inspection took place in November 2005, and it was determined that Dr. Jenny's car is indeed the original car. With the benefit of that report, Dr. Jenny has now successfully applied for a Heritage Certificate. Therefore, in the opinion of the FIA, the provenance of Dr. Rothenberger's car is conclusively discredited, and his car would not qualify for a Heritage Certificate. Dr. Jenny may now maintain that his car is the genuine XKC023, as he has a certificate that proves it. While this may be an extreme example, and “dual identity” cars may be rare, I believe the benefit of obtaining a Heritage Certificate is still applicable to others. The FIA certification should make you “King of the Castle” in respect to your car, and make your provenance claims virtually impregnable against all comers. However, our example also illustrates why a five- year limitation is necessary. Imagine that this system had existed ten years ago, and that Dr. Rothenberger had obtained a Heritage Certificate for his C-type because no one in FIA circles knew about the genuine car in Northern California. When the real 023 emerged in 1998, clearly the FIA would have needed a way to revisit the question of which was the real car. THE DOWNSIDE While obtaining a Heritage Certificate will undoubt- edly be of great benefit to an owner and potential buyer, could there perhaps be a risk in applying for one? Certainly. If your application for a Heritage Certificate is refused for whatever reason, you have somewhat undermined your car's reputation, in the same way if it had failed to sell at a well-publicized auction. The FIA does have an appeal process, but surely it would be a killer to be unsuccessful a second time, because your application and the results will be in the public domain. The FIA operates a website (www.fiaheritage.com) to list the inspectors and the members of the Heritage Certificate committee and appeals panels, while also indicating those cars for which applications have been filed and their results. This presumably gives the opportunity for interested parties to make their views known to the committee. This public disclosure should go a long way towards cementing the FIA's authentication papers as the definitive record for the collector community. Perhaps in a few years, the Heritage Certificate may even be a requirement for entry to the upper echelons of historic race meetings and/or concours events, and a “must have” when selling a major car at auction. In any event, between the Historic Technical Passport, certifying the correctness if not the authenticity of a car, and the Heritage Certificate, which confirms the authenticity, the FIA has made the first concrete steps towards a system that identifies, quantifies, and authenticates collectible cars. Even with the issues that are bound to arise, in the end the Passport and the Certificate benefit all collectors.u Martin Emmison is an English solicitor practicing in London, and he specializes in transactions and disputes in the historic car field. He can be contacted at memmison@gdlaw.co.uk. July 2006 35

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Collecting Thoughts Wreck of the 2002 It Ain't Easy Being Green Kermit the 2002 sacrifices himself to demonstrate the benefits of agreedvalue collector car coverage by Rob Sass The first—and last—crash I n February, I was involved in my first serious accident in a quarter century of driving. I wasn't in a rental or my daily driver, but in a collector car. While it wasn't the most expensive car that I've ever owned, I had a sentimental attachment to the 1976 BMW 2002 that was featured in my July 2005 SCM “Affordable Classics” article. Michele, my usually oblivious-to-cars wife, had conspired with our daughter Rachel to name the green 02 “Kermit.” Ordinarily, I loathe the concept of giving inanimate objects cutesy names. However, I have to admit that considering the original paint, a period pastel shade called Mint Green, and the two eyeball-like headlights, the name did sort of fit. THE CRASH I'm in the process of relocating to Portland as part of my new job as VP of Business Development and General Counsel of SCM. Of course, the first thing I sent out when I took the job was my 2002. The third day I was in Portland, I decided to take the BMW for a backroad spin. Before I had any two-lane pleasure, on a freeway on-ramp, a cretin in a pickup truck with a Grateful Dead sticker on the back window cut me off, then, once in front of me, slammed on his brakes. I had nowhere to go but into his trailer hitch. Thinking we'd exchange information when it was safe to get out and do so, I waited on the shoulder. But the dirtball just took off. I limped off the highway to survey the damage. The lights, grille, and front trim were beyond repair, and all of the panels forward of the cowl were bent to some degree. The radiator had a mortal wound. My best guess was somewhere north of $7,000 in damage. With my 2002 insured by Hagerty for an agreed value of $8,500, I suspected the outcome. (I had always thought that I would teach my eleven-year-old daughter Rachel to drive in the little BMW. Editor Martin reassured me that she will 36 Results of mismatched bumper heights learn to drive in something else fun, maybe the SCM 911SC). And it seems ironic that the 02 would survive unmolested in the hands of its original owner as a daily driver for 30 years, only to suffer its first and final whack in my hands as a limited-use car on a pleasure drive. Being an attorney, I of course filed a police report; however, they advised me that Portland had at least several dark pickup trucks with Grateful Dead stickers on them and they'd let me know when they were done running down possible perps. And not to hold my crankshaft while waiting. AGREED-VALUE COVERAGE: PRETTY DARN AGREEABLE Hagerty Insurance promptly sent an appraiser to the body shop where my car ended up. He confirmed that my car was a total loss, and that they would cut me a check for $8,500. That's the beauty of agreed-value coverage. While you hope you never need it, when you do, it's simple: You get paid the amount for which the car is insured. No deductibles and no arguing. In my case, I simply mailed Hagerty the title (they became the owners of the salvage) and in a short period of time, I had a check. They also took care of the towing and storage. This is a marked contrast to the experience of the MGB GT owner chronicled by John Draneas' “Legal Files” (December 2005, p. 34). That unfortunate individual was forced to fight with the wrongdoer's insurer to obtain a settlement that was a fraction of his car's true worth. Again, with agreed-value coverage, which is offered by nearly every collector car insurance company, that will never happen. Your insurer pays you promptly, then tries to recoup what it can from the insurer for the at-fault driver. Whatever the outcome, it's not your problem. IN WITH THE NEW OLD CAR My insurance proceeds might as well have been a nuclear fuel rod causing a melt- down in my pocket. As variety is the spice of collector car life, another BMW was out. Trolling Craigslist, I found a 47,000-mile ex-Harvard professor's MGC GT in Seattle. SCM General Manager David Slama's Lotus Esprit needed to be serviced at Park Place in Bellevue, Washington. Hmm…drop off the Lotus and bring back the C? After a little negotiation, and the changing hands of $7,200, the C GT was mine. As I mentioned in the March “Our Cars,” it's surprisingly straight, runs strong, doesn't smoke, and, with the overdrive, is a comfortable freeway cruiser. And I had enough left over from the BMW settlement to buy some new trim for the C. The drive back to Portland was as uneventful as I hope my next 25 years of collector car ownership will be. And I saw three pigs flying yesterday.u Sports Car Market

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Collecting Thoughts Online Adventure Real Life the eBay Way Vinny #1 cornered me and flashed a wad of bills; he had sold a similar car last year back in the Old Country, and mine was only worth $10,000 to him by John Darack This story is absolutely true. Only the names have been changed to protect, well, me. A bout a year ago, I discovered eBay and started cleaning out my garage. An MGA jack, still in its original orange paint, went to a gent in Australia. Then an old Porsche radio, a Goodyear Tire sign, a Model A Ford wrench, and a Tucker brochure flew out the door. New storage space magically appeared in the garage. Over a hundred transactions later, 100% positive feedback intact, I was ready to try a big one—my 1972 Lancia Fulvia Zagato. I had bought her at an auction last spring on impulse, driven her into my newly cleared garage space, and named her Sophia. I drove her with confidence all summer and fall. But, with a seven-car collection of oldies and winter settling in, it became apparent that something had to go. I decided to try selling my little cannoli electronically. I wrote a darn good ad, if I do say so myself. Honest description of her fine figure as well as her warts; about a dozen clear, detailed photos with cobblestone driveway and colorful New England autumn backdrop. A 9:15 Friday night starting time, $13,000 reserve, $13,750 Buy-It-Now price, and $100 minimum bid. The phone rang 45 minutes into the auction. A heavily accented voice said, “I want that car. I'll come up from New York tomorrow with $10,000 cash.” “No dice,” said I. The phone rang again the next morning. Different voice, same thick accent. “I'm calling for my friend Ettore. He called last night and he didn't think you could understand him. We want the car. How much?” By then, six bids were already posted on eBay. “$13,750,” said I. “This early in the auction, I have to stand pat on my Buy-It-Now price. Maybe in a week, after it's all over, we can talk.” Two more calls from the same fellow before noon convinced me of his interest. By then, 19 bids were in online, reaching almost $8,000. Ettore's daughter took over to make sure everybody understood everybody. I stood firm. He hit the Buy-It-Now button. He said he'd drive up the next day and bring cash. I ran to Office Depot and bought a counterfeit detection pen. The phone rang at lunchtime on a snowy, icy Sunday where I live, near Boston. “We're in your driveway.” “Come on in for a cup of coffee and a sandwich. You've had a long, nasty drive.” “Nah, let's just go to your garage and get the car.” They wouldn't come out of the Cadillac, so I got in and we drove to my garage, a couple of blocks away. Sitting there with three chain smokers, all about the size of linebackers, I didn't know how intimidated I should 38 Sophia, before embarking on her new life with Ettore and the two Vinnys feel. Right away they started in on me about the price. It was going to be a long day. Two of them spent half an hour crawling all over the car, pointing out every minute flaw, and moaning about every potential pitfall they could think of. The third one, the smooth one, cornered me in the garage and told me stories about all his cars and motorcycles. I was getting a pretty clear picture of their game and resigned myself to relisting my auction as soon as they folded their tent and left. Ettore, the mechanic among them, frowned and complained to his pals in their native tongue. He seemed excited about the car, but when he looked my way, he only tsk-tsked and shook his head. Meanwhile, left and right linebackers, both named Vinny, asked questions and talked of going home empty-handed. Finally, Vinny #1 cornered me and flashed a wad of bills. He told me how cheaply he had sold a similar car last year back in the Old Country, and said that mine was only worth $10,000 to him. “Sorry,” I said, “but you made a commitment. Too bad you've made a long trip, but I advised you to have someone inspect the car before you bought it, I represented it accurately, and as far as I'm concerned, a deal is a deal. You agreed to pay $13,750 and you haven't found anything wrong.” They talked for five minutes in a way I couldn't understand. Finally, they got into the Caddy saying, “Thanks, but no thanks.” I closed the garage and started walking home, composing their negative feedback in my mind. Halfway down the driveway, a window opened and a hand beckoned me. “Eleven,” Ettore called out. “No thank you,” I replied. They drove about 50 feet, then backed up. The window belched a cloud of cigarette smoke as it opened. “Twelve five.” “Come on, guys, you know where I stand.” “We came this far in a snowstorm, you've gotta do somethin' for us,” Vinny #2 Sports Car Market

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pleaded. Better judgment should have made me just wish them a safe drive home, but in a moment of weakness that I still don't understand, I said, “OK. I'll do it for $13,000, but that's it. You should be ashamed of yourselves for not honoring your commitment.” With no shame acknowledged, heads shook, up went the window, and off they drove. I walked home and started the relisting process. Half an hour later, the phone rang. “We're at McDonalds on the Mass Pike, and Ettore really wants that car. We're comin' back.” “For $13,000?” I asked. “Yeah, yeah, all right.” They came back. I sat in the big back seat between Vinny and Vinny as they handed me a two-inch handful of C-notes. “It's all there. Count it.” Images of Sopranos and Godfathers swam through my head. Maybe it was the realization that I was seated in their big, black Caddy, surrounded by 600 pounds of beef, clutching a Texas bankroll. I got about halfway through the stack before their constant yammering distracted me and I lost count. Rather than belabor the process, I just said, “You know what; I'm not going to count it. You guys seem like upright citizens to me, and I'm going to trust you. I know it's all here.” The ice broke and the mood changed. They complimented the car and they com- plimented me. If my wife Marilyn had been there, they would have complimented her. Then they asked me to leave my license plates on the car for their ride home. “Are you kidding me? That's my registration and my insurance at stake, and you said you would bring your own plates.” “Yeah, we brought 'em, but there's no insurance on 'em.” At that point, pocket bulging, I summoned my courage, and while thanking them for such a pleasant morning, quickly removed my plates. Then I quickly removed myself. Resigned to reality, they put their plates on and drove off into the snowy haze. I went home and sat near the phone, waiting for the other shoe to drop. I didn't rest easy for two days. Then they actually sent feedback to my eBay account: “Super car, really good seller, recommended eBayer Aa+++.” EPILOGUE Friday, five days after Ettore and Sophia headed off with Fenway Park in the rearview mirror, an email from a stranger popped up on my screen. “I missed the chance to bid on your car the other day, but it seems to be listed again on eBay. Is it the same car?” Son of a gun. Needless to say, the price was a good deal higher, and the ad stated emphatically, “Don't forget! Your bid is a legal binding contract!!! If you bid you must take it!! Please do not ask me to end the auction early!!” Good ol' Ettore.u JOHN DARACK sits on the board of directors for the Larz Anderson Auto Museum, and is a long-time SCMer.

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Events Copperstate 1000 Southwestern Sunshine The only real hitch was a good number of drivers getting “driving awards” from some less-than-happy members of the Utah State Patrol by Colin Comer somehow concluded that we were prepared. So we packed up the 427 Cobra, sans top but equipped with marginally efficient side curtains, and headed west to Arizona for the rally, which took place April 22–26. This year's route took us north from Phoenix, through Page, continued north to Utah through Bryce Canyon, on to the red rocks of Moab, south through Monument Valley, back into Arizona through Flagstaff, Sedona, Saguaro Lake, and ended up in Scottsdale. All told, a little over 1,200 miles. The route was spectacular, with challenging roads and breathtaking scenery nearly every step of the way. Co-chairman and SCMer John Leshinski III is credited with creating the challenging route and reportedly drove it four times in the scouting and planning stages. The pre-rally warnings were based on three of the four days being well over 300 miles each. In spite of stern warnings about proper vehicle preparation, our AAA tow trucks and intrepid rally mechanics were kept busy with numerous vehicles that either failed to proceed or, in some cases, failed to stop proceeding. I am happy to report that our car finished the route without mechanical disappointment of any sort. The only real hitch of the event was a good number of drivers getting “driving awards” from some less-than-happy members of the Utah State Patrol. Grand Marshal for this year's event was finish-protec- tant mogul and SCMer Barry Meguiar, who not only kept us entertained but finished the route in style in his 1932 Duesenberg Judkins coupe. And, I might add, did a fine job of detailing it at every single stop. Along with the stunning landscape came 77 stun- ning cars entered in the event, and an eclectic group at that. Ranging from the obscure such as SCMer Scott McPherson's 1954 Kaiser Darrin to ultra exotics such as SCMer Jim Spiro's magnificent Ferrari 330TR/LM S/N 0808, it was truly a car show on wheels. Fellow SCM scribe Carl Bomstead somehow convinced wife Christine to travel with him in his 1968 Italia roadster, even during a loosely arranged Ford-powered-only high-speed segment, which I will claim no knowledge of. There is something very satisfying about seeing prime This year's challenging new route; keep your cell phone handy L 40 ike many participants, I approached the 16th Annual Copperstate1000 Road Rallye with a certain degree of trepidation. For weeks prior, the organizers had sent strongly worded warnings about long days and challenging roads and offered full refunds to those worried about their car's or their own ability to finish the route. This marked my third Copperstate journey, and I had never before received these kind warnings. However, my significant other and fearless co-driver Jennifer and I machinery being driven as intended. It is also interesting to see that people's idea of the ultimate rally car is often the same. As evidence, this year's event had no less than five 356 Porsches, three 275/GTB Ferraris, four M-B 300 SLs, five 365 GTB/4 Ferrari Daytonas, and eight 1965–67 Corvettes. The Copperstate 1000 folks are to be com- mended for putting on this event, with first-class accommodations, meals, and the camaraderie of some enthusiastic car owners, including the unprecedented 48 SCMers who participated this year. I look forward to running it for the fourth time in 2007, and highly recommend it to anybody looking for a long-distance rally through the best roads the Southwest has to offer.u DETAILS Plan ahead:April 2007 Location: Arizona and Utah Eligibility: pre-1973 sports, racing, and GT cars More: www.mensartscouncil.com/cs Sports Car Market Photos: www.willbrewster.com

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Comer and co-driver Jennifer Bennett escape from Wisconsin to drive 1,000 top-down miles Copperstate 1000 SCMers Sidney Allen, Longview, TX 1967 Ferrari 275 GTB Gordon Apker, Scottsdale, AZ 1966 Ferrari 275 GTB Stanley Bauer, Beverly Hills, CA 1973 Porsche Carrera RS Nick Blackman, Darien, CT 1965 Chevrolet Corvette convertible Carl Bomstead, Palm Desert, CA 1968 Italia Bud Bourassa, Scottsdale, AZ 1954 Chevrolet Corvette John Breslow, Scottsdale, AZ 1953 Nardi-Peugeot Duncan Burdick, Colorado Springs, CO 1955 Triumph TR2 Harley Cluxton, Paradise Valley, AZ 1967 Ferrari 330 GTC Colin Comer, River Hills, WI 1965 Shelby 427 Cobra Chris Cox, Chapel Hill, NC 1962 Ferrari 250 GTO Jimmy Dobbs, Paradise Valley, AZ 1966 Ferrari 500 Superfast July 2006 Bennett Dorrance, Paradise Valley, AZ 1967 Ford GT40 Mark IV Patrick Feltes, Cave Creek, AZ 1965 Chevrolet Corvette Charles Goolsbee, Vail, CO 1971 Mercedes 280 SE 3.5 coupe Roger Higgins, Santa Ynez, CA 1952 Jaguar XK120 roadster Don Kaitz, Paradise Valley, AZ 1967 Chevrolet Corvette William Kilpatrick, Paradise Valley, AZ 1966 Chevrolet Corvette Bob Law, Reno, NV 1941 Ford Delivery Van John Leshinski, Phoenix, AZ 2003 Chevrolet Corvette Z-06 John Leshinski, Scottsdale, AZ 1971 DeTomaso Pantera Michael Leventhal, Chicago, IL 1956 Porsche 356 Speedster Bill Levine, Beverly Hills, CA 1955 Mercedes-Benz 300SL Gullwing Bruce Lustman, Denver, CO 1960 Ferrari 250 SWB Spyder California Larry Macks, Owings Mills, MD 1965 Aston Martin Volante Sam Mann, Englewood, NJ 1951 Ferrari 212 cabriolet Michael Marix, Palm Desert, CA 1953 Allard J2X Richard Mattei, Shoreline, WA 1952 Jaguar XK120 Scott McPherson, Tempe, AZ 1954 Kaiser Darin Barry Meguiar, Irvine, CA 1932 Duesenberg Judkins Bruce Meyer, Beverly Hills, CA 1958 Mercedes 300SL roadster Tuck Morse, Charleston, SC 1973 Porsche Carrera RS Touring Steve Norman, Edmonds, WA 1929 Bentley 4 1/2-Liter Martin Waller coupe open Gary Pace, Fort Worth, TX 1965 Ferrari 330 GT 2+2 Robert Paltrow, Armonk, NY 1971 Ferrari Daytona Spyder Eric Poole, Scottsdale, AZ 1965 Porsche 356 SC coupe Douglas Prestine, Los Angeles, CA 1960 Porsche 356B roadster Ron Rader, Playa del Ray, CA 1967 Jaguar E-type FHC Rick Rome, Dallas, TX 1972 Ferrari 365 GTB4 Daytona Stephen Ross, Calgary, AB 1956 Mercedes-Benz 300SL Gullwing Kent Sokolow, Pasadena, CA 1954 Kurtis 500S Jim Spiro, New Orleans, LA 1962 Ferrari 330 TR/LM Jack Thomas, St. Louis, MO 1960 Aston Martin DB4 GT Bruce Troxell, Annandale, VA 1966 Chevrolet Corvette coupe Vincent Vento, Miami, FL 1969 Ferrari 365 GTB/4 Jim Walters, Denver, CO 1967 Ferrari 330 GTC Dana Woudenberg, Carefree, AZ 1968 Ford Shelby GT500 Ron Yagoda, Scottsdale, AZ 1973 Ferrari 365 GTB/4 41

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Events Hot August Nights Preview H.A.N. Solo—Or with a Friend Twilight sees an endless parade of classics, rods, and muscle cars cruise two-wide down The Strip, while thousands of people cheer on their favorites by Stefan Lombard The week's highlight—cruisin' The Strip “H 42 ot August Nights” is a misnomer. The weather at night is just perfect, at a short-sleeve-shirt ambient temperature and best of all for you East Coast and Midwest types, no humidity. It's the blisteringly hot days you've got to watch out for. But how many people do you know who would flock each August to Reno, Nevada, for an event called “Balmy August Nights?” Not many, I suspect. The appeal of Hot August Nights lies in its scope. From craft fairs to ice carving, James Dean movie marathons to sock-hops, hula-hoop contests to talent shows, organizers cram each day with enough DETAILS Plan ahead: July 29–August 6 Location: Reno, NV Cost: admission varies by event, but most things are free More: www.hotaugustnights.net to suit every taste. But for the vast majority of massive crowds—more than 700,000 people are expected this year—it's the cars that the week is all about. While getting to everything is impossible, getting to the events that best represent the core of H.A.N. is a snap. At the Downtown Reno Show-n-Shine, you can walk The Strip amid hundreds of gleaming classic hot rods and muscle cars. It is an impressive display, and more than once you'll hear nostalgic Baby Boomers say, “That's my ultimate,” or “I gotta get a picture of this.” The highlight of last year's event served as a testament Sports Car Market

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The world's only V8-powered Radio Flyer to both the versatility of the Model T and the ingenuity of man. Only at H.A.N will you find the “Radio Flyer,” the world's first and only V8-powered red wagon. This year, when you're not attending Silver Auctions' 700-car sale at the Reno- Sparks Convention Center, make your way to Big Boys Toys, an impromptu auto parts bonanza set up in the Reno Events Center. There, hundreds of vendors vie for your attention with the full spectrum of go-fast parts and accessories: heads, carbs, cams, manifolds, crate motors, rotisseries, back issues of Hot Rod, chamois, superchargers, custom race seats, custom toilet seats, and fudge. If there is a highlight to the week's festivities, it is the controlled cruises. Twilight sees an endless parade of classics, rods, and muscle cars cruise two-wide down The Strip, while thousands of people cheer on their favorites. My favorite last year was a cream 1970 Valiant with a little old lady riding shotgun. A bright orange sign taped to the door had an arrow pointed up and in big black letters read: ORIGINAL OWNER. Attractive power-to-weight ratio Following the cars, a convoy of semi trucks comes out for a different kind of cruise. With their air horns blaring and six-foot flames erupting from their stacks, hundreds of spotless Peterbilts, Kenworths, Macks and more rumble past, to the crowd's delight. Noisy doesn't even begin to describe it. Hot August Nights truly is a destination. Reno bills itself as “The Biggest Little City in the World,” and for the first week of August, it just might be the busiest little city as well. If the music, culture, and cars of the '50s and '60s are your bag, then this is definitely the place to be. Just remember, the days are the hot ones, so don't forget your shades, your sunscreen, and your mister fan.u Not retro, but real Silver expects 700 cars at the 2007 summer sale July 2006 43

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Ferrari Profile 1964 Ferrari 500 Superfast Celebrity owners include Aga Kahn, the actor Peter Sellers, and the Shah of Iran, who bought two by Steve Ahlgrim DETAILS Years produced: 1964–66 Number produced: 36 Original list price: $29,300 SCM Price Guide: $400,000–$500,000 Tune-up/Major service: $2,500 Distributor cap: $450 (two required) Chassis#: Left frame member by steering box Engine #: Right rear above motor mount Club: Ferrari Club of America, PO Box 720597, Atlanta, GA 30358 More: www.FerrariClubofAmerica.org Alternatives: 1959–64 Maserati 5000 GT, 1955–57 Pegaso Touring Coupe, 1956–59 Ferrari 410 Superamerica SCM Investment Grade: A COMPS Chassis number: 5981 T he vehicle presented here has undergone an exemplary restoration. The motor was rebuilt in Germany at Berlinetta Motors. It is equipped with stainless steel exhaust. The original leather interior is still of good quality. The body was stripped to bare metal and repainted in its original blue color. The carpets are new. It has a documented history and is being sold with an American title. The SCM analysis: 500 Superfast S/N 5981 was sold for $415,596, including buyer's premium, at the Artcurial auction in Paris in February 2006. Racing is not a poor man's hobby, and from the mo- ment he opened his doors, Enzo Ferrari's clients were the rich and powerful of the world. He soon recognized that even among the elite there was an upper stratum of royalty, captains of industry, and people of privilege who desired something better than the best. This class was ripe for a Ferrari that was beyond anything available to Ferrari's normal clientele, an ultraFerrari, with price no object if the product was better than anything else. Enzo Ferrari eagerly accepted the challenge. The lineage of the ultra-Ferrari starts with the 340 America of 1951. This Grand Touring edition of the 340 series mated the most powerful engine in Ferrari's stable with a chassis tuned for touring. The 340 America was dressed by the best coachbuilders of the era and fitted 46 with luxurious appointments unlike any Ferrari before it. The series evolved through the 342 America and the 375 America before reaching the 410 Superamerica, the pinnacle of the pre-Colombo-engined cars. Like its America predecessors, the 410 Superamerica was powered by the extraordinary 400-hp Lampredidesigned Ferrari V12. The legendary power of the huge 4.9-liter “long block” nearly overpowered the other components of the car. Each of the 35 410 Superamericas featured custom coachwork, meaning no two 410s are exactly alike. The 400 Superamerica followed the 410. The 400 1964 Ferrari 500 Superfast Lot #266, S/N 5983 Condition: 1Sold at $332,181 Bonhams, Gstaad, Switzerland, 12/18/2004 SCM ID# 36807 featured a more serviceable 3.9-liter Colombo-designed engine. While smaller in size, the Colombo engine still had 340 hp on tap. The 47 400 Superamericas were built in a multitude of styles on both short- and longwheelbase chassis and in coupe and cabriolet configurations. Like the 410, no two 400 Superamericas are exactly alike. Introduced at the 1964 Geneva show, the 500 Superfast continued the ultra-Ferrari 1966 Ferrari 500 Superfast Lot #67, S/N 8739 Condition: 4+ Sold at $264,000 RM, Phoenix, AZ, 1/23/2004 SCM ID# 32591 line. Priced at a staggering $29,300, the Superfast cost nearly twice as much as a 275 GTB. Celebrity owners include Aga Kahn, the actor Peter Sellers, and the Shah of Iran, who bought two. The Superfast name came from a series of show cars that were built on Superamerica chassis. It's unknown why the America/Superamerica name was dropped in favor of Superfast, but the car fulfilled its moniker. Powering the 500 Superfast was a new 400-hp, 5-liter version of a Colombo-designed V12. Performance was exceptional, although the car was more comfortable on the open road than in a city or on a track. The styling of the Pininfarina-designed and -built Superfast was based on the 400 Sports Car Market Photos: Cymon Taylor

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Superamerica coupe. The Superamerica's lines were elongated and smoothed into a theme that would strongly influence the styling of the 330/365 GTC/GTS, 365 2+2, and 365 California. While often described as cosmetically identical, there were several variations of lighting, badges, and accessories throughout the Superfast's production. The most noticeable variation was a switch from eleven-louver engine bay vents on the first 24 cars to threelouver vents on the last twelve cars. The 500 Superfast's configuration was based on Ferrari's new 330 2+2 and updates would parallel the 330's development. The final twelve 500 Superfasts are sometimes called Series II cars and feature major updates. The SII cars have 5-speed transmissions rather than 4-speed overdrive units, hanging pedals, and an improved braking system. These late cars could also be ordered with power steering and air conditioning. (Recent research has found that many updates actually started before the last twelve cars, so there really isn't a pure SII model, if you look beyond the louver count.) The 500 Superfast would be the last of the ultra-Ferraris. Cost control initiatives from Ferrari's new partner Fiat are often cited as the reason for the demise. As mass production became more commonplace, the expense of designing, developing, and building a small run of specials grew exponentially. The 50 to 100% premium charged for these special cars was not enough to justify the effort necessary to produce them. 500 Superfast S/N 5981 is the fourth of the series. It is an eleven-louver car with a 4-speed overdrive transmission. It does not have power steering, nor does it have air conditioning. Swiss Ferrari historian Marcel Massini has written a thorough genealogy on this car. It was a Torino Auto Show car in 1964 and was pictured in the 1965 Ferrari Yearbook. It has a known ownership chain and a clean history. These early ultra-Ferraris have faded into Ferrari history, often overshadowed by the sexy racecars. Reward yourself by closely examining one of these machines sometime. They are true works of art, and your time will be well spent. In 1984 the 288 GTO was introduced, and signaled a new era in ultra-Ferraris; today we call them supercars. The GTO's performance and exclusivity put it a class apart from the production Ferraris. The GTO was followed by the F40, the F50, and the Enzo, which has been one-upped by the new FXX. At ten times the cost of a normal Ferrari, the FXX is by far the most expensive Ferrari ever built. SCM's online auction database shows this to be the third time our subject Superfast has been offered at auction in the past few years. This time it sold, after being bid to $250,000 at Pebble in 2003 (SCM# 36239) and $440,000 at Sotheby's/Maranello last year (SCM #38631). In addition, the database tells us this car was sold by Christie's at its Beaulieu, U.K., auction in 1972 for a mere $16,958. This time around, the car was beautifully detailed, and this, along with a rising market, is probably what made the difference; this result is in line with other, similar sales. The new owner should take great pleasure in his purchase and, given how interest continues to grow in these early V12s, he may even find some gold at the end of the rainbow.u STEVE AHLGRIM has been actively involved in the Ferrari business since 1978. Historical and descriptive information in this profile is courtesy of the auction company. Seat Time Dan Kingsford, Wellington, FL: I had a 500 Superfast Series II for a couple of years in the late '90s. It was red with tan interior, bought through Marc Tauber and Ed Waterman. The car had amazing torque; it seemed the acceleration was almost linear. I have owned early cars, 500 Mondial through Comp Daytona. The Superfast was a true tourer—it was a pleasure to own.u July 2006 47

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Sheehan Speaks Michael Sheehan F is for Ferrari and also for Fun Drive the 550 after the reverse gear has bounced around in the transaxle like a ball in a squash court, and the repair bill will climb to $7,500 fication worries (Boxers were never sold new in the U.S.) have kept values below those of the more attractive but less refined Daytona. However, Daytonas now sell for more than $225,000, so a 512 BB or BBi at $85,000 to $95,000 is a bargain. Bear in mind that Boxers are now 20 to 30 years old, so they can run up stratospheric repair bills. An engine-out service on these cars starts at about $6,000, with typical ancillary work such as a new multi-plate clutch, water pump, starter and alternator rebuilds, cooling system work, and a full hose replacement doubling that amount. The good news is that Boxers are fully depreciated and gained about $10,000 to $20,000 in the last year. Further appreciation will cover future maintenance costs, at best. So buy a car with a recent service and it should be a joy for the next five years. When the 30,000-mile service is due, get out your checkbook or wave bye-bye. Boxer—user-cruel or driver's delight? T he majority of first-time, 12-cylinder Ferrari buyers have $50,000–$100,000 to spend, and while that won't buy you much more than a keyfob for a collectible vintage Ferrari, it's plenty for a modern flat-12 or V12. Ferraris in this price range are bought for looks, per- formance, and pride of ownership, not as investments. Here's a summary of later-model favorites, one of which might be just right for you. THE BOXER STILL REMAINS You've missed the bus for a 365 BB, but the 1976–81 512 BBs are still under $100,000. With only 921 cars produced, carbureted 512s are relatively rare compared to Ferrari's current production numbers. While not as quick as a 365 through the first three gears, the extra 600 cc certainly makes a difference on the top end, making the carbureted 512 the fastest of the Boxers. To counter tougher emissions, Ferrari added fuel injec- tion to the 512 in 1981, creating the 512 BBi. Tuned for more low-end and mid-range performance, the injected Boxers are more tractable around town. Through 1984, a total of 1,007 512 BBis were produced. Last month, SCM contributor Steve Serio mentioned that he found Boxers user-cruel. I beg to differ. With room for the tallest driver, adequate air conditioning, light steering, and excellent brakes, I find Boxers to be a driver's delight. Just remember that while balance and handling are good, once the limits are reached the car will swap ends without warning. Bland styling and certi- BOSS TESTAROSSA The 1986–89 Testarossa and 1992–94 512 TR, in my opinion, offer the biggest bang for the buck in the Ferrari world. Both big cars, they have heavy-feeling controls under 15 mph—but who drives a Ferrari under 15 mph? They have acres of torque, effortless performance, and a cruising speed that will put you in jail in all 50 states. The bold but “Miami Vice” dated styling makes them instantly recognizable, always important to first-time Ferrari buyers, and they are user-friendly, with excellent airconditioning and heater. A 1986–87 TR with 25,000 miles and all services done can be bought at $50,000 or so, a late 1988–89 with about 10,000–20,000 miles will bring $75,000–$85,000, and a 1992–94 can be found for $100,000 or less. If you're a big guy—over 6'3”—the Testarossa is for you. Dated “Miami Vice” styling, but supercar performance 48 Sports Car Market

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550 Maranello: Engine contents under pressure The Testarossa flat-twelve is a Boxer engine with four valves, so the same deferred and future maintenance costs apply. With over 7,000 built, Testarossas were a great buy when new and—if maintained—can be a great buy today. They aren't long-term investments, but with exotic performance and looks at a Lexus price, they get my value vote. MARANELLOS: BACK TO THE DAYTONA At the end of the TR series, Ferrari returned to front-engine technology and subdued styling with the 550 Maranello in 1996. The Maranello was the replacement for the 365 GTB/4. Like the Daytona, the 550 Maranello is aggressively styled with its cut-off tail and long-nosed good looks. Fitted with a 5.5-liter, 48-valve V12 that pushes out 485 hp at 7,000 rpm, the 550 has a top speed of 199 mph and rips through a quarter-mile in 12.6 seconds. A total of 3,600 were built between 1996 and 2002. Today a U.S.-legal, European 1996 or 1997 Maranello is $85,000–$95,000, while mid–mileage 1997 or 1998 U.S. cars can be found for $95,000–$100,000. As for pitfalls of ownership, early 550s run too much oil pressure and occasionally blow the oil filter apart, creating a major mess. Should the oil filter start to leak as an inattentive owner cruises down the freeway, chatting on the cell phone, and he spins the bearings and scores the crank, the next stop is the dealer and a new engine for $75,000. If he stops in time, a rebuild is only $25,000. Preventing the problem is simple: Remove a few spacers in the oil system (one hour's labor), which drops the oil pressure. The circlip holding reverse gear to the gear cluster sometimes fails on earlier 550s, resulting in major transaxle repair bills. If your 550 pops out of reverse, truck it to your local Ferrari service center and have the transaxle pulled and the circlip and reverse gear replaced at a cost of about $3,500. Drive the car with the transaxle making ominous sounds and, after the reverse gear has bounced around in the transaxle like a ball in a squash court, the repair bill will climb to about $7,500. Clutches, traditionally a weak spot with novice Ferrari drivers, don't seem to be a problem. In the engines, it's not uncommon to do a compression leak-down check on a low- mileage 550 and find poor ring seating and leaky valve seats. If the compression on a car you are considering is weak, keep looking. Also, cam and front seals tend to start leaking after about 10,000 miles, so most owners skip the 15,000 mile service and simply go to straight to the 30,000mile service. This includes cam seals, cam belts, tensioner bearings, and more for about $3,500. Check the records. LIFE'S TOO SHORT TO DRIVE HONDAS Don't think about “Ferrari” and “investment” in this price range. There is no upside to any of these cars, other than to fulfill the dream of Ferrari ownership. But life is too short to drive Hondas—at least on weekends. If you take your family on a Caribbean or skiing vacation and spend $10,000, you don't expect to sell those memories and make a profit, do you? So enjoy your Ferrari for the pride of ownership, the thrill of seeing it when you open the garage door, and the chance to take your wife or buddy to Sunday brunch in Italian style, savoring the admiring looks you get from those accountant-types in their Camrys. But remember: Buy the right car, commit to spending $5,000 a year in maintenance, and don't look back. Buy the wrong car, and you'll put your mechanic's kids through college; pre-purchase inspection is a must.u MICHAEL SHEEHAN has been a Ferrari dealer for 30 years as well as a race car driver and exotic car broker. July 2006 49

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English Profile 1947 Bentley Mk VI Franay Drophead Coupe It bears no resemblance to a standard steel Mark VI, and may be the most valuable Bentley in existence by Diane Brandon DETAILS Years produced: 1946–52 Number produced: 4,000 Mark VI chassis Original list price: 1,985 pounds (chassis only) SCM Valuation: $1,728,000 Tune-up/Major service: $1,000–$1,500 Distributor cap: $177.50 (Delco Remy) Chassis #: Plate on left side upper firewall, and stamped on the left side frame member just forward of the firewall Engine #: Stamped on crankcase above the front left-hand mount Club: Bentley Drivers Club Ltd, W.O. Bentley Memorial Building, 16 Chearsley Road, Long Crendon, Aylesbury, Bucks. HP18 9AW More: www.bdcl.org Alternatives: 1938–39 Bugatti Type 57C, 1939 Delage D8 cabriolet, 1937–39 Talbot-Lago T150 SCM Investment Grade: A Chassis number: B20BH T his elegant Franay roadster, with its outrageous coachwork and curlicue trim, really belongs with Figoni et Falaschi and Saoutchik offerings at Sunday afternoon shows in the Bois de Boulogne before WWII. Considering its underpinnings stem from the mun- dane Bentley Mk VI, this car's appearance in 1947 is doubly remarkable. It's as if a dumpy librarian gave birth to Catherine Deneuve or Jeanne Moreau. The immediate post-war years were dark times for Rolls-Royce. The Empire was in ruins, and it was penniless. Britain's motto was “Export or Die” and RollsRoyce was forced to take the low road, like Packard in the 1930s with its 120 models. The Bentley Mk VI was the first Rolls-Royce pro- duced with a standard steel body. It sold for 4,038 pounds, including purchase tax—still about twelve times the cost of a new Ford. Powered by a new six-cylinder F-Head engine (overhead intake, side-mounted exhaust valves), the Bentley Mk VI was a large four-door saloon, fitted with a sliding sunshine roof. Fortunately, some of the 4,000 chassis produced were consigned to coachbuilders, as in pre-war years. And this particular car was commissioned by a French industrialist who was bent and determined to prove that the French carrosserie wasn't dead. The basic saloon is a far cry from this roadster, but it's many an enthusiast's introduction to classic motoring, even though the cost of restoring one can be several times its market value. However, once repaired, a Mk VI is relatively inexpensive to maintain and many are daily 50 drivers. An honest Bentley Mk VI standard steel saloon can be fairly bought for less than $30,000, but the subject car here is clearly anything but standard. The SCM Analysis: This car sold for $1,728,000 on March 29, 2006, at the Barrett-Jackson Palm Beach auction. It bears no resemblance to a standard steel Mk VI and may be the most valuable Bentley in existence. S/N B20BH was commissioned specifically to be the 1947 Paris show car for coachbuilder Carrossier Franay. It went on to win Best of Show at its first two concours at Enghien and Boulogne in 1948. In 1951, the first owner, a visionary who believed in updating and improving the car, sent it back to Franay with instructions to “spare no expense!” He challenged Franay to enhance its original 1939 Bugatti Type 57 C Lot #69, S/N 57808 Condition: 1- Sold at $1,760,000 RM, Amelia Island, FL, 3/10/2001 SCM ID# 28006 COMPS design and create a rolling sculpture that borrowed design elements from all French coachbuilders. The original 4-1/4 liter engine was replaced with the new Bentley 4-1/2 liter engine and dual exhaust. The new engine was re-stamped, and documented as such, by Bentley Motors with the original engine number, B10B. Technically, it's still a numbers-matching car. The car was later sold to a family in England, then came to the U.S. and a series of 1949 Bentley Mk VI Lot #338, S/N B453CD Condition: 1Sold at $252,500 Bonhams, Darien, CT, 7/29/2005 SCM ID# 38754 owners, including the late Sergio Franchi, an opera singer, Broadway, star and wellrespected motor car enthusiast. The next owner was the late Lorin Tryon, co-chairman of the Pebble Beach Concours d'Elegance for almost 30 years. In 1979, well-known Bentley enthusiast Gary Wales of Woodland Hills, California, bought the car from Tryon, using his Cadillac-powered Talbot Lago as part of the trade. The Bentley was still spectacular but in need of restoration. Wales recognized its potential, even though many bits from the Franay modifications in 1951 were missing. Sports Car Market Photos: Barrett-Jackson

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He researched photographs and archives until 1988, when he had collected enough data and pieces to restore the car's unique design. While the coachwork was being researched, the chassis was restored and drew crowds at Southern California car meets. After eleven years, the restored Mark VI chassis was reunited with its restored coachwork, modified to its 1951 embellished state, in time to be shown at Pebble Beach in 1991 in the Postwar European Custom Coachwork class. It easily earned first place. Since the modifications to the original design were done in the era, and by the coachbuilder, with authentic documenta tion, it was determined to be the real The frog mascot flanked by Bentley that was designed by Wales and fabricated for the car was replaced with the corr winged “B” mascot in time for judging. The car also received a second the esteemed French Cup. With a nod coachwork's French origin, the seat inserts were reupholstered in frog skin. When by the Pebble Beach judges if the upholstery material was original, Wales cracked, the original ones croaked.” July 2006 When another car received top honors at Pebble, it was announced that the Franay Bentley missed receiving Best in Show by 1/10th of a point, the closest margin in Pebble Beach Concours history. Following the awards ceremony, I recall fighting my way through the crowd to congratulate Wales, who was standing by the car. Rarely does a car receive that kind of attention, even at Pebble Beach. Over 50 major awards and honors are part of this remarkable car's provenance. It has been featured in numerous publications, television appearances, and advertisements. Wales says, “This car represents 16 years of my life. It's the finest thing I've ever done.” Even at $1,728,000, I'd have to say it was well bought. There will never be another.u DIANE BRANDON was the Rolls-Royce Owners Club U.S. National Director for eight years and has been a Pebble Beach Concours d'Elegance judge for Rolls-Royce and Bentley since 1984. Vehicle description courtesy of the auction company. 51

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English Patient Gary Anderson Art Deco Flop Sired a Winner To convince drivers it was a “sports car,” it did have a tachometer symmetrical with the speedometer S ometimes late at night at British car meets, when the wives have put the children to bed, last call has been announced in the pub, and pints of Guinness have been filled for the final round, one of the graybeards will wipe the foam from his mustache and tell the story of one of the first British sports cars to reach the U.S. after WWII. “It had the same four-cylinder engine with twin SU carburetors as the Austin-Healey 100,” he will tell the crowd of novices, “but the styling was, shall we say, a bit different.” BUCK ROGERS RUNABOUT As he might explain, from the back, the car had the appearance of a Buck Rogers runabout from one of the old cliff-hanger Saturday serials, with spats hiding the back wheels and no discernible lines to separate the rear fenders from the boot. The front had much in common with the Czechoslovakian Tatra, with three headlights, one centered low over a narrow horizontal grille. Five chrome stripes extend from the rear of the hood to the front in the center, finishing in a waterfall effect above the center headlight. Toward the front of this chrome band, the flat chrome winged-wheel emblem of the Homely forebear of the much-loved 100 No expense was spared on luxury touches. The car Austin Company announced the manufacturer, but as if this weren't enough to indicate the car's source, not one but two winged-A mascots sat just behind the headlights. “Balderdash,” someone in the room might say. “Who's ever seen such a car? It's as mythical as the Cyclops, once the pride of Road & Track.” But we are here to tell you that there was such a car. It was called the Austin A90 Atlantic. Had it never existed, and been such a failure in the American market between 1948 and 1952, the Austin-Healey might never have seen the light of day. Here's the rest of the story. In 1947 Morris updated the prewar MG TA and intro- duced it as the MG TC to sell in America where GIs and airmen returning from Britain could be counted on for initial demand. The opportunity to sell sports cars in the United States wasn't lost on arch-rival Austin, whose boss Leonard Lord took the chassis and drive train of the A90 Hampshire saloon and had a two-seat convertible body styled for it by Dick Burzi in the mode of the Pinin Farina-styled Alfa Romeo—well, sort of. That the Austin A90 Atlantic was aimed at the U.S. market was made clear with the very first sales brochure, which had the New York skyline as its backdrop. ART DECO OVERTONES The styling resembled a 1930s Panhard Dynamic as much as anything, with excessive chrome, multiple mascots, three headlights, and “corner” windshields. The inside was a bit unusual as well. It was advertised as able to seat five, though that was with three on the bench-style front seat and two in the rear seat, which was narrowed to accommodate the soft-top apparatus. There was also a bulbous coupe with a curved wind-down rear window. 52 was the first mass-produced in Britain with an automatic convertible top and electric windows. The dashboard had a center instrument panel, so it could be produced easily in right- or left-hand drive models. Rather than wood with chrome bezels, the dash was light metal, trimmed in ivory plastic on the knobs and around the gauges. The seats were leather. To convince drivers it was a “sports car,” it did have a tachometer symmetrical with the speedometer, but the gear-shift was lifted directly from the Hampshire, with a four-speed transmission on the steering column and a bafflingly located reverse. Performance from the 2,660-cc, 88-hp engine wasn't bad for the time. Top speed was just over 90 mph, and 0–60 clocked in at less than 18 seconds—both significantly better than the MG TC. INSURMOUNTABLE PROBLEMS To underline the point, Austin rented the Indianapolis Speedway for a week. After a bad start (the tests had to be aborted after 35 hours because someone forgot to top up the radiator), a new engine was installed and the car established 63 long-distance speed records. The week culminated in a run of 11,850 miles over seven days and nights, at an average speed of over 70 mph. (In detuned Sports Car Market

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form, the same engine powered Austin's FX3 London taxi and mileages of 500,00 plus were common). However, the Atlantic had two insurmountable prob- lems. First, it cost almost $3,000, which would buy a very nice V8 convertible from Detroit. Second, though chrome was a big part of the appeal of Detroit iron, it just accentuated the English car's ugly lines. The combination was the car's death sentence. From 1948 through 1952, only about 350 of the 4,000 units produced were sold in America, the target market. But Donald Healey gave Leonard Lord the opportu- nity to make things right. Having problems competing with the Jaguar XK 120 that was coming to the market in large numbers by 1950, Healey needed a less expensive base for a sports car. As Geoffrey Healey writes in his book Austin- Healey: “One section of the motoring press was always telling us that the Austin A90 was a very good unit, in a car that did not do it credit. We studied all the reports and decided that perhaps here was something we could utilize. DMH got in touch with Len Lord, the boss of Austin, who said he would be delighted to supply us with units.” LORD SAW THE LIGHT The result was the new Austin-Healey 100, which debuted at the 1952 Earls Court motor show and went into production with the engine of the unlamented Atlantic. The Healey had a floor-shift, but was saddled with the Atlantic's transmission, so the low gear was blocked off and an overdrive fitted. The shift pattern was backwards. However, the car weighed 900 pounds less than the Atlantic and could hit 100 miles an hour in stock trim. Where the Atlantic's styling was ridiculous, the Healey was sublime. In short order, Austin had the right sports car for the U.S. market. Today, with so few Atlantics produced, examples are hard to find, and most British car fans have never seen one—particularly in the U.S. The cars were chronically rust-prone and the quirky body had mud traps galore. When one does drive into a British car show, it draws a crowd, much like a bulldog at Crufts. The Atlantic fits the category of “rare and should be.” Hard-to-find trim, sluggish per- formance, and bizarre styling have made it collector-proof, while the high roll center and soft American-style suspension surely reduced the fan base still further. When an example does come up for sale, it rarely brings more than $10,000. Nevertheless, if Lord hadn't invested so much of Austin's money in the Atlantic, a deal with Donald Healey would not have been as attractive, and the Healey 100 might never have existed.u GARY ANDERSON is editor of MC2 Mini owners. (www.mc2magazine.com) , the new magazine for

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Etceterini & Friends Profile 1977 Lamborghini Urraco Positioning a V8 against the 6-cylinders of Ferrari, Porsche, and Maserati must have seemed like a good idea at the time by Donald Osborne DETAILS Years produced: 1974–76 Number produced: 21 (P111) Original list price: $22,500 (in 1975) SCM Valuation: $13,000–$22,500 Tune-up/Major service : $960 Distributor cap: $120 Chassis #: Visible through windshield Engine #: Top front of block, between cylinder banks Club Info: Lamborghini Club of America, Jim Kaminski, P.O. Box 7214, St. Petersburg, FL 33734 More: autos.groups.yahoo.com/group/ VintageLambo Alternatives: 1974–76 Ferrari 308 GT4, 1970–75 Porsche 911, 1972–74 Maserati Merak Investment Grade: D COMPS Chassis number: 20302 T he note from the previous owner that accompanied this Lamborghini Urraco to auction was brief and to the point. “There were only 520 P250s built. This is a one-owner Lamborghini bought by a lady in Pittsburgh. After several years of negotiations I purchased the vehicle. We did a major engine-out service including clutch, head gaskets and water pump. All records, manuals and jack. All original except for some minor touch-up over the years. Very collectible with only 9,000 miles.” The SCM Analysis:This car sold for $24,840 at Barrett- Jackson's Palm Beach auction, April 1, 2006. From the beginning of their production of V12 su- percars, Lamborghini planned for a “junior” model to provide volume sales for the manufacturer. Initially it was thought that a 2-liter inline six made from half of the Miura's 4-liter V12 would be used in such a car. It was created and appeared in the mid-engined Marzal show car in 1966, whose design anticipated the Espada. However, it was quickly determined that this engine wouldn't give the power, flexibility, or market cred the marque needed, and a more traditional V8 was developed. Displacing 2,462 cc, it was an all-aluminum 90° design with four two-throat Weber carbs, the first belt-driven camshafts Lamborghini had offered, and an output of 220 hp. This became the heart of the new car, the Urraco. For the coachwork of the new baby Lambo, the factory turned to Bertone and stylist Marcello Gandini. Bertone had become the house of choice, with the Miura, Espada, and Jarama already under its belt. The design was clean and modern, with good proportions for a mid-engined 54 2+2, which is a difficult package to balance. The only slightly jarring note is the heaviness of the slats, which run across the roof and sides of the car. The Urraco's announcement in 1970 pre-dated that of the Ferrari 308 GT4, making the Urraco the world's first mid-engined 2+2. The main competitors for the Urraco were seen as the Dino 206 and 246 GT, the Porsche 911, and the Maserati Merak. Positioning a V8 against these 6-cylinder cars to achieve sales rivaling Porsche must have seemed a good idea at the time. The reality turned out to be rather different. The company's weakening financial condition and delays in final development were responsible for a two-year gap between press conference and dealer deliveries, which didn't begin until 1972. That delay, combined with the fuel crisis, which hit shortly thereafter, produced disappointing sales. Only 791 Urracos were built by the time production sputtered to a halt in 1979. There were four series of cars, the P250 (1972–76), 1983 Lamborghini Jalpa Lot #90, S/N ZA9J00000DLA12043 Condition: 4+ Sold at $23,760 Barrett-Jackson, Scottsdale, AZ, 1/22/2004 SCM ID# 32049 1986 Lamborghini Jalpa Lot #111, S/N ZA9J00000GLA12277 Condition: 2+ Sold at $26,190 Bonhams, Geneva, Switzerland, 3/11/2002 SCM ID# 27317 P200 (1975–77), P300 (1975–79) and P111 (1974–76). The majority of the cars made were the P250, with 220 hp on tap from its 2,462-cc engine. The P200 was an Italian “tax special” designed to avoid the crippling registration taxes on cars over two liters. The 200's 1,994 cc delivered 182 hp. The P300 was the final version of the car, vastly improved over the P250 with revised transmission, suspension, cleaned-up detailing on the body, more power (265 hp) and—most important—chain drive, rather than belt drive, for the camshafts. The final variant is the one of interest to us here. The P111 was the designation for the U.S. market version of the P250. These cars differed from the European model in having the larger “impact” bumpers, side marker lights, and Solex carbs in place of the Webers. It also was detuned to produce even less power than the Euro 2-liter model at 180 hp. In keeping with the reality that U.S. sales were somewhat less than hoped forv b, the Sports Car Market

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P111 is the rarest of Urracos, with only 21 built. Of course, as Editor Martin is fond of reminding us, “rare is not always valuable.” In this case, however, the ultimate performance difference between the models is probably less important today than it certainly was in the 1970s. This example, stated to be a super low mileage “oneowner” car in the nicely period Champagne with beige leather, is one of the last built in 1976. Urracos are well balanced, fun cars to drive. Provided you don't compare their grunt to the V12 Lamborghinis, you will be satisfied with the overall level of performance. The styling is very post-'60s angular, in the mode of the times and the interior is, well, original. The main instruments are in a wide binnacle angled at either end. The tach is on the far left, the speedo on the far right. It's a great layout for exercising your peripheral vision, or for a hockey goalie. The switchgear has a rather down-market feel about it, but there is plenty of leather to help you forget it. They also have an incredibly neat four-spoke deep-dished steering wheel straight out of a “boy's own racer” sketchbook. Besides watching out for the usual rust issues, carefully monitor the rubber cam belts of the non-3-liter cars, much as you would on a contemporary Ferrari. On this car, the seller listed a good deal of work done on the engine and did not mention the belts. Bringing a 29-year-old car with only 9,000 miles back onto the road is not the work of a moment. Mechanical parts are not generally a problem, as many of the greasy bits were continued along in the Urraco's successors: the even rarer Silhouette and, finally, the fully sorted Jalpa. Trim is a bit tougher but can be managed with effort, especially through the help of Internet groups such as the Vintage Lamborghini Garage on Yahoo! Groups. The Urraco is a great value and offers, as do all early Lambos, something a bit different from the usual. Prices of the early V12s have risen smartly in the last five years. I would, though, expect that the V8 little sister, like its contemporary competition from Ferrari and Maserati, will continue to be a bargain for a while more. The seller and buyer did well here.u DONALD OSBORNE is a candidate member of the American Society of Appraisers. Vehicle description courtesy of Barrett-Jackson. July 2006 55 Photos: Barrett-Jackson

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1958 Porsche 356A 1600 S Speedster In the current market, beauty and condition matter as much as originality by Jim Schrager DETAILS Years produced: 1955–59 Number produced: 4,243 Original list price: $2,995 (1956) SCM Price Guide: $65,000–$75,000 Tune-up/Major Service: $300 Distributor cap: $15 Chassis #: On horizontal bulkhead under front lid, just in front of fuel tank Engine #: Stamped into vertical alloy engine member, between generator pulley and crankshaft pulley Club: Porsche Club of America, 5530 Edgemont Dr., Alexandria, VA 22310 More: www.pca.org Alternatives: 1951–54 Jaguar XK 120, 1954–64 Mercedes-Benz 190 SL, 1959–65 Alfa Romeo Giulietta Spider SCM Investment Grade: B COMPS Chassis number: 83847 I ntroduced to the United States in September 1954, the Speedster found a receptive audience as the lowestpriced Porsche. In the USA, there was some confusion caused by the fact that when constructing the newest Porsche, the designers left out many components standard on cabriolets. The audience in Europe didn't find the Speedster of interest at all, but USA importer Max Hoffman had a special target in mind, dealing not just with price, but speed and style as well. Notable changes included a revised windshield, which significantly improved the somewhat ungainly look of the cabriolet. An aluminum side spear visually split the 356 side flanks, making the car appear even lower. Gone were the unnecessary roll-up windows and an effective top. Speedsters were not known for their air-tight or waterproof fit. The dashboard was reworked and made lighter, with a smaller padded eyebrow over the instruments and no glove box. Seats were lower, non-reclining, cheaper, and lighter than the luxurious coupe and cabriolet versions. Speedsters looked great and, due to the reduced weight, were fun to drive, making the Speedster experience remarkably different from the rest of the 356 line. The car presented here is a pristine example complete with its Porsche Certificate of Authenticity. It is finished in the unusual and rare color combination of Aquamarine Blue with a red interior. We judge the car to be stunning in all respects. July 2006 Racing and sports car enthusiast (and SCMer) Roger Werner formerly owned it. The current owner invested much time and effort in ensuring that this Porsche would be of a caliber rarely seen. The overall condition and attention to detail illustrates what the concours judge wants to see when it is time to choose a winner. The SCM analysis: This car was offered at no reserve at RM's Amelia Island auction on March 12, 2006, and sold for $121,000, including buyer's premium. While I judge this price to be all the money, it is also not crazy, in my opinion, because of the twotrack market, beauty vs. originality, that we have seen developing for exceptional 356s. This car fits in the non-numbers matching beauty track, as it had a later 1600 Super engine rather than its original. It used to be that you simply had to have a numbers-matching car to bring top dollar in the 356 world. Any buyers with big money were concerned that all major components and colors of the car were as originally built. Kardexes were circulated and slavishly adhered to. To compete at the Porsche Parade, you had to have a numbers-matching car. If it wasn't numbers matching, you'd be a fool to execute an expensive restoration, as you'd be underwater no matter what you did. However, in the current market, beauty and condition matter as much as originality. 1956 Porsche 356A Speedster Lot #151, S/N 82541 Condition: 2Sold at $146,300 RM, Amelia Island, FL, 3/11/2006 SCM ID# 41025 In other words, a fantastically restored example of a highly prized model, such as a 1958 A Speedster, can bring as much money with a non-original engine as with an original engine. However, this rule only seems to apply to obsessively prepared cars with flawless paint, superb engine compartments, interiors like new, and bottoms that 13 1955 Porsche 356A Speedster Lot #398, S/N 80611 Condition: 3 Sold at $55,080 Barrett-Jackson, West Palm Beach, FL, 3/29/06 SCM ID# 41230 Photos: Don Heiny

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German Profile erman Profile 14 S rman Profile 14 14 Sports Car Market

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have been slavishly put together. Note that does not apply to early 911s yet (19651973), as buyers for those still pay more for originality. There were a number of special issues about this car that set it apart, especially to “second track” audience that will pay up a car with an incorrect motor. Examples this are judged on the charisma they generate as much as anything. The color combination here, while not to everyone's liking, is a powerful component to the right buyer. If this car had been painted in one the far more common colors of Ivory or Signal Red, it might not have brought the same result. Its condition was as new in every respect. The paint was flawless, the body straight, wheels and hubcaps correct rather than imoper reproductions, difficult-to-find overrider bars in place on the bumpers front and ear—everywhere you looked, decisions were made in the right way to deliver a package that would influence the heart, as well as the mind, of a potential buyer. That certainly includes the Derrington wood steering wheel, a popular period accessory the correct large diameter, rather than a newer, smaller size. How long will our two-track 356 market last? It's being driven by new people entering the ownership circle with more money than time. They are willing to pay for a superbly detailed car to drive and enjoy, with little interest in the arcane details of what printed on a dusty factory record sheet. They have no time to conduct a debilitating and often frustrating nationwide search for the perfect car from the perfect seller at the perfect price. They are moved as much by their heart as by their intellect. These new folks speak highly of the broadened interest in the 356, and in collector cars in general. Watching this new breed will be instructive in seeing where the market will be heading in the next several years. And if they are in the forefront, it's going to be a very different collecting world than we've known in the past.u JIM SCHRAGER is the author of Buying, Driving and Enjoying the Porsche 356 and writes for The 356 Registry magazine. Historical and descriptive information courtesy of the auction company. July 2006 15

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German Profile rman Profile Seat Time Stan Hanks, an Profile Seat Seat Time Stan Hanks, Camas, WA: I've owned many Porsche 356s, covering most of the models made. A few years ago, I briefly owned a 1958 Speedster, Guards Red with black interior, coupe seats from the factory, wooden wheel. It was a magnificent car, nearly perfect condition cosmetically and mechanically. It was also a complete disaster for me. I'm tall. The coupe seats were significantly more comfortable than the Speedster seats, but alas, that put my head completely above the windshield. This made even tooling around town a very unpleasant experience and meant that there was absolutely no way that I could ever put the top up, which limited driving to “no chance of rain” days. I sold it after about half a year and was very happy to make that transition. I replaced it with a ‘60 Roadster, which is in many regards very nearly the same car. However, with the taller windshield, roll-up windows, and a much easier to erect top, it is a MUCH better car for my purposes. Jim Griffin, Orange County, CA: In the summer of 1979, I had just graduated high school and got a job as the lot boy at Chick Iverson Porsche in Newport Beach, California. My typical duties included everything from driving people back to work after bringing their cars in for service to washing customer cars. 16 My favorite day of the week was Friday—not because of the typical thoughts of the weekend, however. Friday was the day I was supposed to wash the black and tan 356 Speedster and take it for a “drive around the block”—this car was stored at the dealership by a friend of Chick's. Every Friday around noon I would pull the Speedster around back and spend an hour or two washing it, then I would take it for the weekly drive. I remember the route well. I would leave the back gate of the dealer- ship, travel down Bayside Dr. to Balboa Island and the ferry dock. I would then board the ferry and cross the water to Newport Peninsula, drive around the bay, and come back up PCH. I'm not sure which I liked more, driving the car or just sitting in it on the ferry with the top down crossing the bay. I still don't know whose car that was, but I do know nobody loved that car more or took better care of it then I did that whole summer. I still think about that car, even after having owned a number of very nice Porsches. I'm still looking for that perfect Speedster to put in my garage.u Sports Car Market

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Period Road Test The Super, long-desired for its extra push, but long-derided for troublesome roller bearings, now delivers 88 hp utilizing standard aluminum bearings. The change in personality is as drastic as a stripper at a literary tea. The new Super is all Lady on the outside and still a Tigress in the bustle department. —excerpt fromSports Car Wheel, September 1958 One word of warning to the tall ones…beware that top on high speed runs! The fluttering and flapping on your crew cut seems to be theGerman version of the Chinese water torture. —excerpt fromSports Car Wheel, September 1958 July 2006 17

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Porsche Gespräch Jim Schrager Le Mans, the Can-Am, and the 917 Piech, like so many young turks, wanted to bag the big prize, an overall victory at Le Mans, and anything less wouldn't count Porsche Gespräch / Jim Schrager T he effect of the Porsche 917 on the racing world extends far beyond its two outright Le Mans wins in 1970 and '71. Voted the greatest sports racing car of all time in a 1997 Motor Sport Magazine sur- vey, its concept and execution were so advanced that its influence is still being felt today. The 917 is the baddest of the bad, and if you want one, prepare to write a check for about $1 million. It seems fitting that the 917's success catapulted its designer, Ferdinand Piech, to the forefront of the auto industry. The success of the Porsche 911 was radically changing the company in the late 1960s and created opportunities for the next generation of family members. Ferry Porsche's son, Butzi, was a talented designer who penned the exotic 904 and, with some critical input from his father, the timeless 911. But Porsche's sister Louisa also had a talented son, Piech (pronounced pee-ACH), a hard-charging young man determined to prove he was as good an engineer and manager as his famous grandfather, Ferdinand Porsche. Piech's charge was to make sense of the race program. Competition, while taken seriously, did not enjoy today's seemingly unlimited budgets. It often dealt with privateers and factory drivers for whom pay was not the most important issue. The #1 Porsche 917K of Derek Bell and Jo Siffert at Daytona, February 1971 EYE ON THE BIG PRIZE Piech, like so many young turks, wanted to bag the big prize—an overall victory at Le Mans. Anything less wouldn't count, as Porsche had already won many class victories. His cousin had penned designs that dramatically increased the profile and sales of Porsche cars; Piech had to do something equally bold to stake his claim to the top spot held by his uncle Ferry. The FIA changed the sports prototype racing rules unexpectedly in 1968, and Piech saw his opening. When displacement was lowered from seven liters to five, the Ford and McLaren cars powered by American V8 engines were suddenly legislated out of existence. To qualify for the new class, 25 examples had to be produced. Porsche tried to get FIA approval based on some complete cars and others in progress, but the FIA balked. So Piech and his team built 25 cars from scratch and lined them up in a row, as if ready for a Le Mans start, right outside the factory. The initial design was a closed coupe based on the original direction Piech took when he arrived at the Race Department, the tube-framed, ultra-lightweight 906 (which was a complete reversal of Butzi's 904 concept). There were many detail differences in this Group 4 version compared to the 906, not the least of which was the flat-12 engine and a longer rear tail. These coupes were fast right out of the box in May 1969 but had serious stability problems at Mulsanne speeds. Two 917s dominated the early phases of the 1969 Le Mans, but broke. They came back with better bodywork and strengthened gearboxes to win in 1970 and 1971. SHORT ON POWER Seven 917s competed at Le Mans in 1970 (plus a handful of cars used in the film “Le Mans”) and seven in '71, in both K (Kurz, or short) and LH models (Langheck, or long tail), with factory, privateer, and direct Piech family involvement in the form of the Martini & Rossi team—earlier founded by none other than Ferdinand Piech's mother. In the meantime, a Spyder version of the 917, the 917 PA (Porsche+Audi), was being 62 campaigned in the U.S. in Can-Am events, where the 4.5liter, 580-hp (at 8,500 rpm) flat-12s were at a significant disadvantage against the 7-liter American V8s. By 1971, the open car would be called the 917/10, and its engine capacity would increase to 4.9 liters and power to 630 hp. By 1972, Porsche retired the coupes, but the Spyders became turbocharged and, with 900 hp, won the Can-Am series against their 8-liter competitors. In Europe, 917/10s also won the similar Interserie campaign, finishing 1-2. This was the dramatic beginning of turbo-charging for Porsche, and it would become a consistent high-performance feature of the marque. In 1973 the type 917/30 was a further refinement of the experimental bodywork of the earlier Spyders, fitted with a 5.4-liter engine producing over 1,100 turbocharged horsepower. Campaigned by Mark Donohue, these dominated the Can-Am series before being legislated out for 1974. In Europe, 917/10 cars won the 1973 Interserie as well. These were all expensive cars when new, starting at about $56,000, with production costs estimated at up to $80,000. These single-purpose racecars sold at about five times the price of a production car. ONLY 67 TO CHOOSE FROM If you're looking for a 917, be aware there were about 67 of all types built. Several of the original 25 homologaSports Car Market

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bellicose noise. Consequently, well-sorted 917s that have been vintage raced recently command a premium over museum cars. As expected, topping the list at over $1 million are the Le Mans-winning cars, along with the Can-Am monsters just for the sheer audacity of their performance. The 917s with less provenance start at about $750,000. As always, the air gets pretty thin at these price levels but for a seller, a well-thought-out sales program with either a top-flight auction venue or sale via private treaty at one of the internationally known race and exotic car specialists can bring top-dollar results. AHEAD OF ITS TIME The 917 has stood the test of time and in many ways The #6 Porsche 917/30 Can-Am car of Mark Donohue at Riverside, CA, 1973 tion chassis were fitted with new bodywork and various updates, as is typical of working race cars. There are no bad 917s to own, and each one is a lusty piece of automotive history. But be forwarned that they require considerable skill to drive well. Endurance racer Brian Redman calls them “the scariest cars I've ever driven.” Today many collectors have a strong desire to have a car that can be driven at historic events, or at the very least, started at Porsche concours so that everyone can enjoy the proved to be well ahead of its time. A long-in-the-tooth variant appeared at Le Mans as late as 1981, and aspects of the body design carried over not just to the dominant 956 and 962 racers that followed from Porsche, but to many of the open sports cars raced at Le Mans over 30 years later. And with the accolades of the Motor Sport poll, I'm not sure how you can top that. And what of Ferdinand Piech? He ran Audi, won Le Mans several times for them, ended up at the top of Volkswagen—a far larger and more powerful company than Porsche—launched the New Beetle and the New 356 (also known as the Audi TT), and now, in retirement, has recently purchased a very large block of VW stock for the Porsche/Piech families. I'm not sure how you can top him, either.u July 2006 63

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American Profile Billy Carter's 1977 Chevy Pickup “I'm a real Southern boy. I got a red neck, white socks, and Blue Ribbon beer” by Dave Kinney DETAILS Years produced: 1973–81 Number produced: 525,791 (21% 4x4) Original list price: $4,122 SCM Valuation: $500–$10,000 Tune-up/Major service: $311 Distributor cap: $11.99 Chassis #: Driver's side of windshield, riveted to driver's door jamb Engine #: Front right side of block Club: Chevy Club of North America, PO Box 11238, Chicago, IL 60611 More: www.chevyclub.com Alternatives: 1972–80 Ford F-150, 1973–80 Dodge Ram, 1971–84 Jeep J20 SCM Investment Grade: D COMPS Bhagwan Shree Rajneesh's 1982 Rolls-Royce Silver Spur Lot # 41, S/N SCAZN42A3CCX05763 Condition: 3Sold at $32,000 Chassis number: CCL447Z “M y mother went into the Peace Corps when she was sixty-eight. My one sister is a motorcycle freak, my other sister is a Holy Roller evangelist, and my brother is running for President. I'm the only sane one in the family” Among Presidential relatives, no one stands out as more colorful or more controversial than Billy Carter, brother of 39th president Jimmy Carter, from Plains, Georgia. Billy Carter was born on March 29, 1937, thirteen years after his future President brother. It was said that Carter's father, Earl, was as easy on Billy as he was tough on Jimmy, and, as such, Billy was close to Earl and often seen in his company. Billy was 16 years old when “Mr. Earl” died, and he was devastated. The death of Earl brought eldest brother Jimmy back from the Navy to run the family peanut warehouse that everyone, including Billy, assumed would be taken over by Billy. Billy was “mad as hell” at both his brother and the turn of events. Billy married his 16-year-old sweetheart and joined the Marine Corps at age 17. After a four-year stint, he eventually returned home to Plains. Brother Jimmy, find- 64 ing himself more involved in politics, relinquished daily operations of the warehouse to Billy. According to the PBS television show American Experience, it was Billy who ran Carter's warehouse, and he did it well. “I have made more money for the business than Jimmy ever did,” Billy boasted, by all accounts demonstrating a sharp mind, strong work ethic, and natural ability to get along with people. As Jimmy became Georgia's governor and even- Christie's, Monterey, CA, 8/18/2005 SCM ID# 38836 tually Democratic candidate for President, the press found a gold mine in the persona of Billy Carter, who could almost always be counted on for a quote, often about one of his favorite subjects, beer. “Paintings are like a beer, only beer tastes good and it's hard to stop drinking beer.” Or, “Yes sir, I'm a real Southern boy. I got a red neck, white socks, and Blue Ribbon beer.” In 1976 Jimmy Carter ran for President and won. Billy Carter ran for mayor of Plains Gillian Anderson's 1977 Toyota Land Cruiser Lot # 145 Condition: 3Sold at $12,420 Barrett-Jackson, Los Angeles, CA, 6/21/2003 SCM ID# 31421 and lost. Billy continued to hold court at his Plains gas station, an important part of the social scene in a town that small. One year later, Billy Carter, part businessman, part philosopher, part good ol' boy, got into the beer business, lending his name to a brand called Billy Beer. With appearances around the country, Billy became the toast of the talk-show circuit. Billy, who was said to drink as many as 30 beers a day, found himself having to live up to his reputation. Sports Car Market Photos: RM Auctions

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If you were President, would you want this man as your brother? It wasn't too long before things turned murky for Billy; he became associated with Libyan interests after a trip with Georgia legislators. A suspect loan for $220,000 and some not-too-well-thought-out comments by Billy served as fuel for President Carter's detractors and produced a Presidential scandal that became known as Billygate. The simple explanation that Billy (a gas station owner) and the Libyans (an oil-producing state) were in the same business did not fly among those who felt Billy's cross-cultural relationship was about influence peddling. Billy Carter died of pancreatic cancer in 1988. The same disease felled both his sisters and his mother. The SCM Analysis: Billy Carter's 1977 Chevrolet “Redneck Power” Scottsdale pickup sold for $19,250 at the RM Amelia Island Florida sale, March 11, 2006. There are at least five ways to look at this truck and its value. Let's dissect each one. 1. Survivor. This 1977 pickup has just 10,549 miles and definitely makes it into the survivor column. There has been some paintwork done to the vehicle, but as a truck, the standard is a bit lower than for an imported car from the same year. $19,250 for an almost 30year-old pickup? For the survivor buyer, it's a stretch to say this was a good buy. 2. Value in use. Automobile appraisers like to talk about this term. A pickup has more value in use than a car because the user can haul things in it, possibly even making money off its utilitarian side. Those of us who own pickups are also aware of the downside of this—friends and neighbors want to borrow our trucks for a “quick errand,” which might involve a cement mixer. As to our subject truck, it's a bit too nice for hauling wood chips on a daily basis, but for picking up a barbeque grill, it July 2006 would be handy. As to value in use, this one fails the test, as any other old pickup would likely fill the bill, and for less money. 3. Donation. Buy the truck, keep it for a while, donate it after getting a (presumably) higher appraisal. There is a possible upside here; if I were the owner be writing letters to Jimmy Carter's Presidential Library right about now. Billy's pickup could be a cornerstone for the Carter family story. Better still, write the Smithsonian. After all, Presidential relatives and their foibles are a recurring theme in American politics. Worth it as a donation? Doubtful, as many factors come into play here. Wouldn't you hate yourself because you triggered an audit with an inflated donation amount? 4. Celebrity. Billy Carter is a well-known character to many Americans over the age of 40. Below that age, you're likely to get a blank stare. Billy was a true footnote in American history, not good enough (Mother Teresa), or bad enough (Adolf Hitler) to hit the big time. Not to dis Billy, but his star has set. The upside? He is the poster child for redneck chic, and rednecks, as we know, survive no matter what. Is the truck worth the bid to someone who wants to fly the redneck flag? You bet it is, and possibly quite a bit more. 5. Collector. This truck was made into thousands of scale models distributed to kids and model builders around the world—this very truck, not one that looks just like it. This is one of the strongest cases for value here, as only a handful of vehicles around the world are directly replicated in scale. Billy Carter's “Redneck Power” truck was a great buy, but only for a very specific market. You won't class up the joint (in most places) by arriving in the front seat where the President's brother once sat (and perhaps enjoyed a few cans of Billy Beer), but your truck is a famous, one-of-a-kind vehicle that has a unique story to tell, footnote or not. Channeling Jeff Foxworthy here, you may be a redneck if...you own Billy Carter's pickup.u DAVE KINNEY is head of USAppraisal, located in the Washington, DC, area and a longtime contributor to SCM. 65

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Domestic Affairs Colin Comer Best Bets in Cats and Snakes Nobody will ever mistake a leaf-spring Cobra for a “kit car” and Tigers cost pennies on the dollar against anything else as interesting by Colin Comer Cobra for a “kit car.” I think this contributes to the recent price surge. Now for the big dog—the romping, stomping, CSX3000 427 Cobras—also known as the coil-spring cars. Always at the top of collectors' lists, they are far scarcer than the leaf-spring cars with just 260 “street” cars produced. But while values have doubled from $300,000 five years ago to roughly $600,000 today, the 427 cars have not experienced the proportional increase of the earlier cars. A number of factors contribute to this; historically 427s have been twice as much as the leaf-spring cars, and buyers perhaps gravitated to the less-expensive car as an alternative. While one cannot deny the pure auto- motive swagger of a 427, it has to contend with being the most replicated car of all time. The sheer number of 427 Cobra replicas—good, bad, and ugly—has weakened the market for original cars. Shelby himself diluted the number of Comer's Purple People Eater A s the rumble of Shelby auctions in Arizona and elsewhere fades away, it's time to look again at the Cobra market and include the underdog Sunbeam Tiger. The original CSX2000 leaf-spring 260-ci and 289-ci Cobras have shown enormous strength in the past five years. Prices seemingly vapor-locked in low six-figures are roughly $400,000 now. With 515 “street” cars produced, these have always been desirable, but nowhere near as exclusive as a 250 GTO. However few cars have captured the magic of the original wire-wheel, slab-sided Cobra. LOOKING FOR DRIVERS While an admittedly crude creation, Shelby managed to combine the automotive equivalent of oil and water. This reason—along with the recent trend of collectors wanting cars they can drive—has sent leaf-spring Cobra prices to their current level. I love leaf-spring Cobras, and will never be without one. They are usable, beautiful, and dead simple to maintain—all with parts from your local NAPA outlet. But the best part is that nobody will ever mistake a leaf-spring 66 buyers by offering the new 4000 series Continuation cars, a very accurate replica of the originals. At roughly $100,000 for a Shelby-blessed CSX4000 car, I'm guessing many people opted to go this route even though they could buy the real deal. As an original 427 Cobra owner, I contend there is no substitute and I'm sure other purists agree. SHELBY'S STEPCHILD The red-headed stepchild of the Shelby world is unquestionably the Sunbeam Tiger. It was produced by the Rootes Group in England when Ian Garrard hired Carroll Shelby to transform the anemic Sunbeam Alpine into a performance car. The addition of the 260-ci Ford V8 (similar to the Cobra, but the two-barrel, 164-hp version) made a car worthy of being called “Tiger”—after the 1926 Sunbeam landspeed record holder. Never intended to be a stark sports car like the Cobra, the Tiger is a highly competent touring car. Fitted with a standard 2.88:1 rear axle ratio and Borg Warner T-10 4-speed, it's a relaxed and capable high-speed machine with better than 125 mph on tap. Tigers aren't particularly rare, with over 7,000 produced from 1964 to 1967, but they've always had a loyal following. Production was split into three groups, consisting of 3,763 Mk I cars, 2,706 Mk IA cars, and 534 289-ci Mk II cars. The problems with Tigers are modifications and abuse. Finding a stock Tiger that hasn't rusted out or been cobbled into an unrecognizable form is a challenge. This makes it difficult to pin down an exact market value for an “SCM Approved” stock Tiger, as few of them change hands. I purchased a fantastic Mk IA example in the late 1990s for $11,000, and a one-owner Mk IA in similar condition in 2000 for $25,000, then a record price. The prevailing market today for a spectacular Mk I car is roughly $30,000 with a similar IA bringing $5,000–$10,000 over that. The Mk II market is more difficult to peg. I've only seen six Mk II cars sell in the last ten years, and only one was spectacular. OK, I bought it, paying an out-of-the park record price of $59,000 on eBay Motors last month (item #4625301384). Sports Car Market Thomas Schmock

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I saw value in stepping up for a true 100% original, untouched, example of a Mk II—and I have since spent roughly $5,000 doing “might as well” maintenance and detailing. I don't regret it; these cars cost pennies on the dollar against anything else as interesting. I consider a great Tiger a solid buy. WHAT TO LOOK FOR Buy the best Cobra you can find. Thanks to the “Shelby American World Registry,” details of every individual car's history are available. Production differences abound, so know what you are buying. Check for worm-and-sector or rack-and-pinion steering, and 260-ci or 289-ci engines. By the way, did you know 100 or so “427” Cobras left the factory with 428 engines? Read and study the “Registry,” and before buying a car join the club and contact Ned Scudder, Cobra Registrar, to ask if any new information is known about a particular car. Many Cobras led difficult lives, but seem to have more than the average cat. New bodies, new frames— some new cars have been built around little more than a serial number plate. So do your homework. What might seem insignificant in the red-mist, pre- purchase euphoria can be a huge issue after your check clears. Paying a world-record price may get you teased, but not as much as if you buy a pig in a poke. Tiger buyers have a more tedious path. Many cars have been cloned using the Alpine shells, and the resulting “Algers” are not always easy to spot. Specific details can help authenticate a real car, beyond VIN tags and data plates. The International Registry of Sunbeam Tigers is available online, as is the Sunbeam Tigers Owners Association (STOA) and their current list of “TAC'ed” (Tiger Authentication Committee) verified cars. A few hours using Google to track down Tiger details may avoid a red face later. Another resource is the out-of-print “Book of Norman” by Tiger guru Norman Miller. It contains the complete list of original Tiger VINs and production details. WHERE ARE THEY HEADING? Since my crystal ball fell off the bookshelf and broke, I look back to predict market trends. Historically, leaf-spring Cobras have traded at about one-half coil-spring Cobra values. Demand for the leaf-spring cars far outstrips supply, leading me to predict great examples will be $500,000 in the near future. Following this, the 427 cars will be next. Tiger values have been on a steady upswing for some time, as educated buyers seek out great examples. I see no reason that a 20% annual appreciation won't continue. The bottom line is find the right car, make sure it IS a right car, and buy it because you want it. Use it, enjoy it, and rest easy knowing that truly fine examples offer greater rewards to their owners than mere financial ones.u COLIN COMER is founder and president of Colin's Classic Automobiles as well as an avid collector and enthusiast. July 2006 67

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Race Car Profile 1965 Shelby GT350 R Race cars have always been weapons for a battle, complex mechanisms that allowed talented humans to compete for pleasure and glory by Thor Thorson DETAILS Years produced: 1965 Number produced: 36 Original list price: $5,950 SCM Price Guide: $300,000–$500,000 Cost per hour to race: $700 Distributor cap: $20 Chassis #: a) Hand-stamped into aluminum manufacturer's plate, pop-riveted to driver's side inner fender panel, or b) Hand-stamped into passenger's side inner tag in engine compartment Engine #: Stamped on engine block, on passenger side beneath front exhaust port, just above surface where oil pan meets block Club: Shelby American Automobile Club, PO Box 788, Sharon, CT 06069 More: www.saac.com Alternatives: 1967 Yenko Camaro, 1963 Z06 Corvette, 1969 Dodge Daytona SCM Investment Grade: A Chassis number: SFM5R102 I t is impossible to define a Shelby GT350 R any better than the Shelby American Automobile Club's 1997 Registry does. “The competition model was the car the GT350 started out to be. Unlike any other production car, from which racing versions are made by modifying street versions, the street model GT350 was created by detuning the racing model.” There were only 36 R-models built, and they are the fire-breathing, Corvette-beating, heart and soul of the Shelby Mustang lineage. All were Wimbledon White with blue stripes and they all ran like Jack The Bear. They were immediately successful in achieving their intended purpose, dominating SCCA B/Production racing in their first season and nearly obliterating other marques and models from the annual SCCA runoffs, then known as the American Road Racing Championship, for the next three years. The production cars and all the R-models were spe- cially built in sequence at Ford's San Jose, California, factory in Wimbledon White with Black interiors and 271 hp K-code engines, aluminum-case Borg Warner T-l0M 4-speed transmissions, 9-inch rear axle with Fairlane station wagon drum brakes, “export” shock tower brace, and sintered metallic brake pads and linings. Left in San Jose were the hoods, rear seats, radios, and exhaust systems. An additional 15 cars were even more special. These arrived at Shelby without side or rear windows, heaters, defrosters, upholstery, headliners, insulation, or sound deadening. They were the first R-models. When complete, the Shelby Mustang GT350 R was a turn-key race car ready to go straight from the Ford dealer where it was bought to an SCCA race weekend 68 and compete at the highest level. That's exactly what happened to S/N SFM5R102, the example offered here, Bob Johnson's 1965 SCCA B/Production Championship R-Model. One of the first group of 15 R-models built by Shelby, S/N 102 was completed in May 1965 and consigned, not sold, to Bob Johnson in Columbus, Ohio. Johnson and his GT350 R finished the season, accumulating a total of 51 points in the division and being declared an SCCA B/Production National Champion. Even with the late start to their competition season, the record of both car and driver is only three points less than Jerry Titus accumulated in a full season racing the prototype, and is equivalent to Mark Donohue's Northeast Division total in Yale Kneeland's S/N SFM5R105. GT350 Rs swept the SCCA B/Production championships, taking five of the six divisions. Following the ARRC, Johnson returned SFM5R102 to Shelby American. Old race cars frequently suffer ignominious ends COMPS 1965 Shelby GT350 R Lot #S154, S/N 39060 Condition: 2 Sold at $473,000 Russo and Steele, Monterey, CA, 8/20/2005 SCM ID# 39060 but that fate did not befall S/N SFM5R102, which was retired from active racing in 1971, still essentially complete in all major respects including bodywork, hood, chassis, suspension, and drivetrain, then stored until it was acquired by Mike Shoen in 1978. A lengthy restoration followed. In the present owner's collection since 2004, SFM5R102 has been carefully maintained in its original condition and exercised occasionally in track days and historic events. It is believed still to be powered by the original engine provided by Shelby in 1965 and to have its original transmission and even the American Racing wheels. The SCM analysis: This car sold for $990,000 at the RM Amelia Island Auction, 1965 Shelby GT350 R Lot #SP19, S/N SFM5R535 Condition: 2Sold at $206,700 RM, Boca Raton, FL, 2/7/2003 SCM ID# 30849 March 11, 2006. I don't think there exists in the old-car hobby any category of cars that sits more Sports Car Market Texas Driver Magazine

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Race cars have always been weapons for a battle, complex mechanisms that allowed talented humans to compete for pleasure and glory. Vintage racing allows those mechanisms to continue to show what made them important to us, and by extension honor the individuals who created the history and mythology that is the basis for what we think they're worth. These cars were never meant for static display. Collecting and collector values have rapidly over- taken enthusiast and “go play with it” values in the real world, though, and it has been very good for the bank balances of the True Believers who bought and used the great cars for love, when you could do that. This car is clearly “the best of the best” when it comes to GT350s, but five or seven years ago it still wasn't particularly expensive to own. There are plenty of lesser but still real GT350s, Mustangs, Camaros, and Javelins still out there for people who want to race American muscle, so trading down to a weapons-grade racer and putting the equivalent of a good-sized house into your retirement account has obvious benefits. You'll go just as fast and the experience will be pretty much identical. Are the bragging rights worth over half a million? Obviously somebody thinks so.u precariously at the intersection of collector values and race-car values than the racing pony cars of the late 1960s. Since they all started out as high-volume, entry-level production cars, the value variation ascribed to ‘collector' attributes is simply staggering. This car sold for effectively a million bucks, while the May issue of Hemmings carries an ad for a 1965 GT350 R replica, “a very accurate, fresh restoration,” for $50,000. The basic cars both came off the Ford production line at about the same time, and the physical configuration for the cars may be almost identical, but one is worth nine hundred thousand (plus) dollars more than the other. History, mythology, and provenance count for everything here. Being essentially an outside observer to the whole Seat Time Bill Gohr, New York, NY: muscle-car collecting mania, I find it challenging to figure out why certain high-production mid-sized sedans with five-hundred-dollar engine options should be worth huge quantities of money, but with the GT350 it's easier. The GT350 was the real deal from the beginning, with brakes, suspension, and steering to match the horsepower. I recall driving up to Denver in the fall of 1965 to visit the Shelby dealer and fantasize about being able to own one. I was pretty committed to “real” (i.e., European) sports cars at the time—I drove an old Jaguar XK 150—but I remember the purposefulness and sheer muscle that the GT350 displayed. Yeah, it was a Mustang, but it sure didn't present like one. It was a serious sports car, a viable alternative to Corvettes and Jags. Of course I couldn't afford one then, and it's turning out I can't afford one now, but it's always been a heck of a fantasy. Having been active in the vintage racing side of the hobby for over 25 years now, I can easily remember when these fantasies were affordable, though, and in fact actively indulged. In those days, enthusiasts and participants made the market for cars like this, not collectors. History and provenance were appreciated, even revered, but cars like this were bought to be used for what they do best: generating adrenaline. Rumor has it that the purchaser of the subject car has no intention of actively racing; it's going to sit in a collection. This is understandable given the amount of money it took to buy it, but if so, it's a pity. July 2006 I presently own a 1969 Shelby GT350 convertible, the last one made. Apparently there were only 194 of them made, and I read somewhere there are 30 known to be left. It's Shelby Candy red with a white top, kind of unique. It was ordered with a/c, and it's listed in the registry as being originally owned by the fashion designer Anne Klein. What's not to like about it? I'm driving a '69 drop-top muscle car, which has Carroll Shelby's name on it. What Bill Gohr's—and Anne Klein's—GT350 else can I say? I've owned both the 500 and the 350. The 500 is of course just a bit quicker, but the '69 350 with the 10.7:1 351W holds its own just fine and handles much better. No matter what, when you pull up to a light and look around, every single person is looking at your car. When you go to a car show, you don't turn heads—people stop and stare. The car is almost a trailer queen, and numerous people have told me not to drive it (especially my insurance agent) but it's a car—I own it to drive it. Michael de Mello, Estoril, Portugal: I have owned my '66 Shelby GT 350 since August 1996. I bought S/N SFM6S893 from Eddie Podsiek in New York, who owned it from 1989. In August 1985, the car was on the cover of Mustang Monthly in the same guise as it has today. It is also described in the Registry on pages 455 and 511. I imported the car to the U.K. in 1997, and it has been in Portugal since 1998; it is driven regularly, and has had servo-assisted brakes and chassis stiffeners added. Greg Millard, Lakeside, CA: In 1973 I borrowed $3,000 from the ol' man, which bought me both a '66 Shelby GT350 and a Renault R17. I got them from the same used car lot as a package deal. The GT350 was high on testosterone, but its Borg Warner T10 was not exactly light to shift. The car sounded wonderful and went like heck in a straight line but required your full attention when pushed hard into corners. Marriage and the requisite home purchase temporarily interrupted the car hobby, but I doubled my money in two years of memorable ownership. u THOR THORSON has been hooked on race cars since the late '50s and involved with vintage racing since the late '70s. Historical and descriptive information courtesy of the auction company. 69

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Market Reports Overview Regional Flare in the Expanding Market Summer is here, and the sales upcoming in June, July, and August could provide us with some big surprises of their own by Stefan Lombard W CSX 2131 attracted attention, but missed the mark at H$H's Cheltenham sale e've reached that point in the collector-car auction season where there's almost time to take a breath. Record numbers from Arizona got enthusiasts on their collective toes. And equally impressive figures from Florida have kept them there. The end result? In garages all over the world, enthusiasts are looking at dusty old Mustangs (and Ferraris) and wondering if this is the time to send them on to new owners and pocket a bag full of cash in the process. Others are wondering if it's time to take that bag of cash out from under the mattress and use it to buy an MGB or TR6 before they double in price again. In 1991, after the crash of the market, collector car transactions went from moving at the pace of a surging river to that of a slowly melting glacier. Things stayed that way more or less until three years ago, when we started to see an increase in the sheer volume of activitiy. Now, the pace is torrid. And a torrid pace and rising prices bring collectors to decision points sooner rather than later. The past quarter has been a good one. Of course, by comparison to the big-percentage, big-money sales of the first quarter, the other auctions that took place—those we report on this month—might be construed as a bit tame. By the Numbers $1 m $2 m $3 m $4 m $5 m Silver Portland, OR 70 2006 2005 2004 2003 2002 2001 2000 MidAmerica St. Paul, MN Palm Springs Auctions Palm Springs, CA RM Toronto, Canada Potts Dalton, GA Bonhams Warwickshire, UK H&H Gloucestershire, UK Sports Car Market

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Five of them are regional sales, while the other two were narrowly aimed at the vintage racing set. “Regional” is a relative term, of course, as RM's Toronto sale has been attracting more and more buyers from several Midwestern and Eastern states with each iteration. This year's effort was no different, and the Blenheim gang posted its best result since 2001. With $3.7m in sales, it effectively doubled the $1.9m figure from 2003. Similarly, Keith McCormick's Palm Springs Auction seems to gain in size and stature with every edition. This attempt, the 40th, saw a $700k bump from just 22 more consignments over the November results. That $4.7m total was the highest recorded in this desert oasis annual. Rick and Jeff Potts have been in the land and estate auction business for a long time, and in 2004 the brothers successfully crossed over to collector cars, posting a $1.3m result from the Frank Pierce Collection. Their 2005 effort only partially captured some of that success, with a $500k tally, while this year's effort proved more of the same. In the end, the 44% sellthrough made for just $437k in sales. Meanwhile, a few of us from the SCM home office headed over to Silver's Portland Spring sale to poke around a bit. What we discovered was a truly eclectic and international selection, with the $510k in sales representing wheels from nearly every continent. And in Maplewood, Minnesota, MidAmerica held its 18th annual motorcycle sale. Though overall consignment quality was down slightly from last year—and with it, total sales ($437k vs. $510k)—the 73% sales rate meant most of the bikes found new owners. Across the pond, Bonhams slotted into a venue vacated by H&H at the International Historic Motorsport Show. Though the catalog certainly provided plenty to get excited 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 about, the firm struggled to get its footing at this vintage race car gathering, with just $931k in total sales. IHMS organizers promise bigger and better from their event next year, so we should expect nothing less from Bonhams as they adapt to this motorsporthungry crowd. In vacating its spot at the IHMS, H&H found a new one at the Cheltenham Racecourse, a fitting venue for a consignment list packed with historic race machinery. Leading the list of desirables was a Le Mans competition Cobra, though ultimately it failed to sell. What sold instead was 68% of the catalog, making for a strong $2.2m day. With a buyer's premium half that of rival Bonhams, H&H continues to build steam in the U.K. market. Looking ahead to upcoming issues, we'll report on muscle car sales in St. Charles and Reno, sports car sales in Le Mans and Silverstone, and classic sales in Meadow Brook. All of which takes us to—deep breath—Monterey.u Top10 Sales This Issue (Land Auctions Only) 1. 1969/94 Ford GT40, $514,388—HH, p. 107 2. 1971 Matra MS120B, $391,500—HH, p. 106 3. 1931 Jaguar SS 100 2 1/2-liter, $243,165—HH, p. 101 4. 1961 Jaguar XKE Competition roadster, $235,770—BW, p. 94 5. 1935 MG R-type, $234,165—HH, p. 101 6. 1968 Brabham-Repco BT31, $174,000—HH, p. 104 7. 1970 Dodge Challenger R/T convertible, $168,004—RM, p. 90 8. 1951 Peirce-MG F2, $93,525—HH, p. 102 9. 1963 Chevrolet Corvette coupe, $80,850—PS, p. 78 10. 1959 Chevrolet Corvette convertible, $70,875—PS, p. 78 July 2006 1. 1969 AMC AMX, $36,225—PS, p. 80 2. 1987 Aston Martin Lagonda, $34,068—RM, p. 84 3. 1971 Jaguar XKE V12, $11,660—P, p. 110 4. 2000 Jaguar-Cosworth R1, $57,029—BW, p. 96 5. 1986 Ferrari 412i, $14,964—HH, p. 107 71 Best Buys RM Auctions (RM) Toronto, Ontario, p. 82 H&H Classic Auctions (HH) Gloucestershire, UK, p. 100 Bonhams (BW) Warwickshire, UK, p. 92

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Palm Springs Auctions Palm Springs, CA Column Author 40th Exotic Car Auction Despite the move to a larger lot, Sherman's Deli—the best in the desert, if not all of California—was still close Company Palm Springs Auctions Date February 25–26, 2006 Location Palm Springs, CA Auctioneer Gene Radcliffe Automotive lots sold / offered 247 / 392 Sales rate 63% Sales total $4,677,750 High sale 1993 Bentley Continental, sold at $89,250 Buyer's premium 5% (included in sold prices) Same casino venue, bigger parking lot Report and photos by Carl Bomstead Market opinions in italics K Palm Springs, CA eith McCormick and his crew always seem to be headed in the right direction. With each installment, the Palm Springs Auction gets bigger, better, or both. And with the growth and improve- ment, efficiency, too, increases. Though November's sale was no slouch, with $4m in total sales from 235 cars, the February event trumped it in every way. The number of sold cars increased slightly, by 22, but it was the substantial $700,000 bump in total sales that made the most noise. Such growth can be attributed to a consignment list composed largely of higher-quality cars, each of which carried more weight in the final tally, with an average sale price $2,000 higher than in November. But it wasn't just the numbers that made the difference. While the Spa Resort Casino still played host, the sale moved to the larger parking lot, which meant a bit more breathing room. It also meant that the casino's amenities were still close by. Perhaps most importantly, Sherman's Deli—the best in the desert, if not all of California—was still close as well. Does this mean that McCormick is going upscale and losing the character that has made this auction so much fun over the years? Not a chance. Because for every clean Chevrolet Corvette to cross the block, you could 72 still buy a 1970 VW Karmann Ghia for less than $1,500, or even a Mercedes-Benz 300SEL for under three grand. They weren't in the finest condition, of course, but they were cheap, distinctive drivers. Rolls-Royces, always a Palm Springs staple, were few and far between this year, with the most expensive, a 1996 Silver Spur, bringing $58,800. If there was ever a lull in the action, some auction-goers took advantage of the casino's proximity to test their luck at the slots. Others just made use of the air-conditioning to watch the sale unfold in cool comfort. In addition to the auction, McCormick sponsored a car show across the street. The quality was off a bit off, however, as the event coincided with an established 600+ collector car show in nearby Indian Wells. Hopefully, that conflict can be avoided next year, as a solid show would certainly add value to the auction weekend. The weather, of course, was wonderful, and a number of car folks from chilly northern climes were on hand to buy and sell. And why not? It's a fun, low-pressure event in a beautiful place, with cars ranging from $2,000 to $200,000 and plenty of interesting stuff in between. The next event, McCormick's 41st, is the week before Thanksgiving. It's never too early to make reservations.u Sports Car Market

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Palm Springs Auctions Palm Springs, CA Column Author ENGLISH #381-1970 ROLLS-ROYCE SILVER SHADOW sedan. S/N SRH3427. Silver/black leather. RHD. Odo: 14,737 miles. The paint is rather nice, with only minor flaws. Leather interior is well worn, with cracked seats, though dash wood is very nice. Complete with an 8-track player. Wonder if new owner wants any tapes? The “wrong” side steering wheel is a problem and wood. Normal signs of use for a wellmaintained car. Federally mandated retractable Flying Lady. It would be a shame to see someone impaled on a mascot; especially one on a R-R. Cond: 2. NOT SOLD AT $54,000. These are advertised between $50k and $90k, so the price bid here was a bit light. This was a quality example and should go toward the higher end of the range. Even in the land of high-end exotics, a well-maintained Roller should be appreciated. GERMAN #216-1957 BMW ISETTA 300 Export coupe. S/N 511135. Light blue/blue plaid. Odo: 18,837 miles. Export models had “nerf” bar bumper and 7-inch headlights. This one has a sliding sunroof, too. Restored some years ago and still looking good. Paint is acceptable, with minor chips and scratches. Very nice interior. for some. Cond: 2. SOLD AT $11,288. The Palm Springs area is the largest Rolls-Royce market in the country, and older ones are a dime a dozen. This one sold for no money and is a cheap way to impress the valets at the country club. I just don't want to be with the new owner when he gets his first major service bill. #186-1973 JAGUAR XKE Series III convertible. S/N UDIS22144. White/black vinyl/ black leather. Odo: 64,059 miles. Bumpers with overriders. Power brakes and steering. Body and panel fit acceptable. Minor scratches in the paint. Interior is in good condition, though the driver's seat shows minor wear on in decent condition. Aftermarket radio, as well as the original. Engine is OK, but not detailed. Cond: 2-. NOT SOLD AT $38,000. The seller was looking for #1 money for a car that was far from that level. This limo had a list of needs. White is not the color of choice for one of these, but it might be OK in the desert. The final bid should have bought the car. ITALIAN #263-1987 FERRARI TESTAROSSA Picnic basket on luggage rack. Capable of 85 mph. I presume that's downhill with a tailwind? Cond: 2. SOLD AT $19,163. A couple of these are currently advertised in the $30k range, so this was a decent buy considering the condition. And with over 25,000 produced, they aren't rare. The sunroof makes for a handy escape hatch if you park head-in to a wall and reverse fails. Don't ask me how I know that. #171-1967 VOLKSWAGEN MICROBUS the bolster. The big V12 is clean for a Jaguar. Little change over prior year. Cond: 2. NOT SOLD AT $41,500. Though the SIII offered the V12, many consider the bumpers unattractive compared to the earlier 6-cylinder cars. The price bid was a little short of current market for a decent example, so this seller should be just fine at another venue. #170-1988 ROLLS-ROYCE CORNICHE convertible. S/N SCAZD02A4JCY23939. Black/tan/tan leather. Odo: 31,934 miles. Attractive colors. Good paint. Interior shows minimal signs of wear, with healthy leather is in place. Sun roof and luggage rack. A very presentable restoration. Cond: 2. SOLD AT $22,050. Compared to the example that sold at B-J Scottsdale for $48k (SCM# 40370) this was an absolute bargain. The paint wasn't quite as nice, but a lot can be done to spiff this up a notch for not a lot of money. August's $99k sale 74 21-Window van. S/N 24700905. Turquoise & white/turquoise & white vinyl. Odo: 17,340 miles. Attractive color combination. The paint has a good luster, with only minor blemishes. Brightwork is pitted. The seats are in good condition. Radio is out but an aftermarket unit the carpets are tired. That said, the car does appear to have been well-maintained. Cond: 3+. SOLD AT $42,000. Ferraris should be Rosso Corsa or Fly Yellow. But white? These should be just about at the bottom of the depreciation curve, so this could prove to be a decent buy if the internals have been cared for. If it were my money, I'd want to see more service history before I stepped up for one. AMERICAN #185-1948 CHEVROLET STYLE- MASTER coupe. Gray & wood/red plaid vinyl. Odo: 7,187 miles. 217-ci I6, 3-sp. Dealerinstalled Town & Country package, with Woody body parts from the doors back. VIN plate is missing. Decent paint, but lacking luster, and with a few nicks and scratches. The wood is in good condition. Interesting plaid interior. Aftermarket radio and sun visor. Engine is clean but not detailed. Cond: 2. SOLD AT $25,725. A battery charger was on this one Sports Car Market coupe. S/N ZFFSG17A2400072081. White/ tan leather. Odo: 80,270 miles. $134,000 when new, and most sold at a premium. This one is showing signs of use and mileage. Paint is OK at ten feet, but up close it's crazing and chipped. Driver's seat is worn, with cracked leather, and at Gooding sent a wave or two through this market. Where will they be in two years? #406-1967 MERCEDES-BENZ 600 Pullman limousine. S/N 10001212000888. White/white leather. Odo: 2,695 miles. An odd color for the giant “Grosser” limo. Hood paint is cracked and crazing, and lacks any deep luster. Rust on front bumper. Interior is

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Palm Springs Auctions Palm Springs, CA Column Author a half for five hundred bucks ain't bad either. You couldn't build one to this standard for the price paid. #411-1954 CHEVROLET BEL AIR 2- door hard top. S/N C54L012363. Turquoise/ white/turquoise & white. Odo: 21,561 miles. 235-ci I6, auto. Lots of goodies. Power steering, seats, and windows. Bumper guards and sun visor. After-market stereo. Straight sides and even gaps, though the hood sits off a bit. throughout the preview. New batteries are not that expensive, and when selling cars at this level, it's nice to make the effort. The T&C package added about $7,500 to the value here. Was this a hgh price for a '48 Chevy or a cheap price for a Woody? I'll take the latter. #141-1949 STUDEBAKER CHAMPION Regal Deluxe convertible. S/N IA035680. Yellow/black fabric/red fabric. Odo: 72,278. 169-ci I6, 3-sp. State of Iowa-assigned VIN. The Champion was Studebaker's low price model. Little changed from the prior two years' styling. Body is straight and solid, with OK but not special paint. Eyebrows on headlights. A few minor nits with the paint, but nothing serious. Nice interior with no real issues. Allin-all a nice car. Cond: 2. SOLD AT $30,450. No-sale on Saturday, but it found a new home the second time around. I think the seller got all the money here. And I hope the buyer plans on driving the wheels off it, as it will be a while before he can get his money out. #204-1957 CHEVROLET BEL AIR Interior is decent, with wear on the dash trim. Engine has not seen a clean rag in years. Cond: 3. SOLD AT $18,638. An interesting car that sold for not a lot of money. Not as distinctive as the “bullet-nose” 1950 model, but it will still get a lot of attention, and the new owner is in it for under $20k. In this day and age there is not much worth having for that kind of money. The buyer should enjoy his new rag top, and then do just fine when it is time to sell. #155-1951 OLDSMOBILE SUPER 88 Custom convertible. S/N 518B2741. Red/ white/gray leather. Odo: 2,320 miles. 350-ci V8, 4-bbl, auto. Gray leather Linclon Continental seats. Shaved trunk and hood. Cadillac frenched taillights. Cadillac hubcaps. Striking red paint. Chevy 350 V8. Lots of brightwork like it's been touched in years. Just average condition here. Cond: 3. SOLD AT $14,805. Seller would have done himself a real favor if he had spent the money on a professional detail. A few hundred bucks would have resulted in a few more thousand when it crossed the block. As-is, it sold for what it was worth, and the new owner can now take it up a notch and reap the benefits. #315-1957 OLDSMOBILE 98 2-door in the engine bay. Air and AM/FM stereo. A mild custom tastefully done. Cond: 2+. SOLD AT $37,275. This car sold for $37,800 here in November 2004 (SCM# 36762), and now goes for $525 less. No one makes money on every car deal, but then driving a car for a year and 76 hard top. S/N 579C06778. White/orange, red & gray vinyl. Odo: 18,631 miles. 371-ci V8, 3x2-bbl, auto. Equipped with the $395 J-2 option, which included three 2-barrel carbs, even though Olds didn't recommend the set-up for street use. Paint and brightwork are very presentable. Minor panel fit issues. Wonderful tricolor interior. Cond: 2+. SOLD AT $35,175. Richard Petty and his father, Lee, drove for the Oldsmobile team in '57, racing cars equipped with the J-2 induction system. The money here top is operational. Engine is clean but not detailed. Cond: 2. SOLD AT $22,575. The seller worked the car prior to its time on the block. He was rewarded with this market-correct sale. The top is a nightmare if it decides to stop working, so the new owner should make friends with a good mechanic or—considering the hydraulics—maybe a plumber. Sports Car Market 4-door hard top. S/N VC57S148196. Black/ white/red vinyl & black fabric. Odo: 28,094 miles. 265-ci V8, 2-bbl, auto. Paint is just OK, with no real luster or depth. Also has some minor scratches and touch-ups. Seats show only minor wear, with clean, newish carpets. Engine compartment is dirty, and doesn't look window is cracked, which will be expensive to replace. Interior shows no notable flaws. Engine is clean, with no puddles or leaks. Nice presentation. Cond: 2. SOLD AT $44,625. Hammered sold for about the going rate. The new owner can spend a few dollars upgrading while he drives and enjoys it. With attractive styling that always gets attention, this was a fair sale and buy both. #148-1958 FORD FAIRLANE 500 Skyliner hard top convertible. S/N H8KW121538. White/red, white & black. Odo: 79,988 miles. 352-ci V8, 4-bbl, auto. Paint is in good condition overall, and shows only minor scratches and touch-ups. Most trim is pitted, and the hood trim gaskets are deteriorating. Attractive interior is in good condition. Retractable hard was in that system, a race track option through and through. Considering the well-maintained condition and such a rare option, this was a decent transaction for both parties. #368-1957 CHEVROLET BEL AIR Nomad station wagon. S/N VC57111851. Red & white/orange vinyl & fabric. Odo: 21,748 miles. 265-ci V8, 2-bbl, auto. Final year for the 2-door Nomad wagon. Like 1955, only 6,103 were made. Added 350 turbo transmission. Good paint, done to a high standard. Rear

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Column Author TOP 10 No. 10 Palm Springs Auctions Palm Springs, CA #202-1959 CHEVROLET CORVETTE convertible. S/N J59S104759. Roman Red/white vinyl/red vinyl. Odo: 12,462 miles. 283/270, 2x4-bbl, 4-sp. Strong presentation of a desirable Corvette with a factory hard top. Very nice red paint with white coves, showing well and with little to fault. Fit and finish aren't perfect, but better than when it sat new in a dealer's showroom. The interior shows presentable, with little wear. Cond: 2. SOLD AT $24,150. A very nice buy for the classic Mopar fan. Unusual but attractive styling. This example appeared well maintained, with little to do but drive and enjoy. Price guides say this money was well above retail, but I'd say the guides could use a little perspective shift in this current market. #136-1961 OLDSMOBILE CUSTOM 98 convertible. S/N 618H14588. Light blue/ blue/blue vinyl. Odo: 91,568 miles. 394-ci V8, 4-bbl, auto. Decent paint with minor issues. Chrome is redone well. New top and interior. Steering wheel trim is pitted. Engine bay is clean but not detailed. No streaks or problems noted. Cond: 2+. SOLD AT $23,100. 1961 was little use, and the engine bay sparkles. Cond: 1-. SOLD AT $70,875. Though the seller had a higher reserve, he let this go for full retail. The car was certainly worth the price, with its great powertrain and excellent condition overall. All parties should be happy with this transaction. #396-1959 CADILLAC SERIES 62 convertible. S/N 59F000516. White/white vinyl/ red leather. Odo: 39,938 miles. 390-ci V8, 4-bbl, auto. Stated to have new paint, chrome, and leather interior. Paint is to a reasonable standard, with swirls and minor scratches. Panel fit is consistent with standards for the era. the first year for the Starfire convertible, which took attention away from the 98. This car got plenty of attention, and is the perfect Saturday night cruiser for the desert. A lot of car for not a lot of money. Drive and enjoy it, and the new owner might even make a profit when he is tired of all the attention. Well bought, but the seller should not be disappointed either. Poor upholstery fit in the left rear. Engine bay is reasonably clean. Cond: 2. SOLD AT $56,175. No issue with the price paid. A professional fluff-and-buff will bring out the paint. The big money in '59 Caddies goes for the Eldorado Biarritz, which will bring about twice what was paid here. All in all a decent buy, with no concerns on either side of the transaction. #247-1960 DODGE DART Phoenix 2- door hard top. S/N 5302108830. Red/white & black fabric. Odo: 57,641 miles. 318-ci V8, 2bbl, auto. Phoenix was the top trim package for the Dart, and it included custom upholstery and exterior trim. Good paint, with a deep luster and just a few minor touch-ups. Inside is very No major issues, but no sparkle either. Cond: 3. SOLD AT $48,300. Split-Windows continue to bring strong money, and this was just about market correct considering the condition. The new owner can help himself and add some value to his car with a new carpet kit and a professional fluff-and-buff. TOP 10 No. 9 #471-1963 CHEVROLET CORVETTE Split-Window coupe. S/N 30837S102321. Ermine White/black leather. Odo: 38,106 miles. 327/300, 4bbl, auto. Restored ten years ago, but still fresh and crisp. Minor beltline alignment issue, but nothing serious. Correct 78 Sports Car Market #409-1963 CHEVROLET CORVETTE Split-Window coupe. S/N 308376105413. Silver Blue/black vinyl. Odo: 70,316. 327/250, 4-bbl, 4-sp. First year for the coupe, and the only year for the split rear window. A few dings and chips to the paint, with dull trim throughout. Seats are in decent condition, but the carpets are worn. Aftermarket stereo. Engine compartment is clean but not detailed. paint shows a deep luster. Interior is showroom fresh, and the engine is highly detailed. Heat riser paint is burned off, which is normal for a Corvette that is driven. Very strong presentation. Cond: 1-. SOLD AT $80,850. An SCMer was all over this. He was willing to go to $70k, but the seller had an $80k reserve. Looks like the deal was put together with a little give and take. This was a great car, so let's hope our guy was the buyer, as he could have spent more somewhere else and gotten less. #111-1964 FORD THUNDERBIRD Sport Roadster convertible. S/N 4Y85Z158883. Red/white vinyl/black vinyl. Odo: 34,097 miles. 390-ci V8, 4-bbl, auto. All the Sport Roadster goodies, but that option wasn't offered in '64. Added Continental kit and trunk luggage rack. Paint chips on driver's door. Window fit is off. After-market radio. Power steering pump is missing. Just a T-Bird convertible and nothing more. Cond: 3. NOT SOLD AT $17,000. Fourteen miles and no real improvements since we last saw it here in November 2004 (SCM# 36714). The owner was looking for “real” Sport Roadster money, but the bidders were smarter than that. The amount bid was about right for a ‘64 T-Bird soft top, so if the seller really wants more, perhaps he should plan to keep it until they become rare. #160-1965 BUICK RIVIERA 2-door hard top. S/N 494475H930935. Gold/gold vinyl. Odo: 18,057 miles. 401-ci V8, 4-bbl, auto. Straight and solid body, with uniform gaps. Clamshell headlights don't work—a common issue. Minor gripes with the paint. No issues with the interior, with the console wood trim in good condition and the seats showing minimal wear. Clean engine. Overall, a well-presented Riviera. Cond: 2+. SOLD AT $27,563. Last

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year of the three-year run of this Riv body style, and the best looking. These have been climbing in value lately. The price paid here was full retail a year ago but a buy today. A year from now it will be an absolute bargain. #441-1966 OLDSMOBILE 442 convertible. S/N 338676C124440. Red/black vinyl/black vinyl. Odo: 40,158 miles. 400-ci V8, 4-bbl, auto. Straight and solid body with exceptional paint. Some pitting to the mirrors, but all other chrome is good. Very nice interior, with only minor wear. Lots of extra gauges #469-1967 CHEVROLET CAMARO SS convertible. S/N 124677L115442. Grabber Orange/white vinyl/Parchment vinyl. Odo: 40,067 miles. 350-ci V8, 4-bbl, 3-sp. Grabber Orange wasn't offered until 1969. White “bumblebee” nose stripes. So-so respray, with some chips, and door jambs aren't painted. Brightwork is redone to a good standard. Interior is very nice. Engine compartment is 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. added. Original Protect-o-Plate and other documentation. Engine is clean and tidy. Cond: 1-. SOLD AT $34,125. This price was close to the top of the market, but I'll still call this one well bought because of the striking paint and important maintenance records. Not especially collectible, but sure to be one of the nicest on the road. clean and tidy. Cond: 2. SOLD AT $30,450. The incorrect color for the era didn't make a dent in the final bid, as this Camaro sold for full retail. It's hard to sell a car at auction when you leave it locked and head to the bar. This owner was smart, and he worked the car, and was with it prior to crossing the block. He was rewarded for his efforts with a fair price. The buyer should be happy as well. #178-1967 CHEVROLET CAMARO RS 2-door hard top. S/N 124377L104995. Nantucket Blue/blue vinyl. Odo: 54,703 miles. 327-ci V8 2-bbl, auto. First year for the Camaro. Rally Sport package (RPO Z22) included head 1972 De Tomaso Pantera One of only 14 examples built with the special Group 4 ‘874A' type lightweight ‘Allegretto' chassis for the 1972 World Championship, chassis #2343 was sold new to racing driver Cazzago (Pooky) who raced extensively throughout the season including the 1000 kms of Monza and also entered for Le Mans that year. In 1973 2343 passed to Moretti and Manfredini of the famed ‘MOMO' racing team who continued to campaign the car internationally. In 1976, 2343 was up rated to full Group 5 specification – the only Group 4 to be up rated to this specification - weighing only 900 kgs! Following the Giro d'Italia, the car was stored until 2000 upon which a full restoration was embarked upon. Presented in full Group 5 trim, the Pantera is an awesome and highly eligible entrant for a multitude of prestigious events. 1964 Abarth Simca We are proud to offer the Ex Works car, driven by Hanns Herrmann in the 1964 season who competed in a number of events such as the Targa Florio, Spa 500kms as well as numerous hillclimbs. The body was developed by the works during the 1964 season, particularly in the frontal area where Mario Colucci added two supplementary air intakes for better disc brake cooling and another wide central vent for the oil radiator. The car has recently been completely rebuilt by GB Race Engineering, and was raced at Magny Cours in the Gentleman Drivers series, finishing the 3 hour race a highly credible 5th overall and the fastest car in the 2 litre class. CARS IN STOCK 1961 Aston Martin DB4 GT 1960 Austin Healey 3000 Mk1 ‘Rudspeed' 1964 Brabham BT8 1972 De Tomaso Pantera Group4/5 1937 Delahaye 135C 1952 Ferrari 212 Coupé ‘The Bumblebee' 1967 Ferrari 275 GTB/4 1973 Ferrari Daytona Spider 1949 Jaguar XK120 - Aluminium 1973 Porsche 911RS Lightweight 14 Queens Gate Place Mews, London, SW7 5BQ Telephone 011 44 20 7584 3503 Fax 011 44 20 7584 7403 cars@gregorfisken.com July 2006 www.gregorfisken.com

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Palm Springs Auctions Palm Springs, CA Column Author BEST BUY #174-1969 AMC AMX 390 fastback. S/N A9M397X161829. Black & red/black vinyl. Odo: 86,738 miles. light doors, mouldings, side paint stripes, and more. Good paint, with many small '67 GM fit issues. Driver's seat is loose, and the window fit is off. After-market radio, missing tach. Engine bay is reasonably clean. Decent car but nothing special. Cond: 3. SOLD AT $24,675. This car was a no-sale at Kruse Phoenix 2006, falling $6,000 short of the $28k reserve. Here, the seller heard the market speak and sold the car for the going rate, considering its needs. #236-1967 FORD MUSTANG GT fast- back. S/N 7R02A155965. Black/black vinyl. Odo: 3 miles. 289-ci V8, 4-bbl, 225-hp. A highly presentable Mustang showing deep black paint with normal swirls, but well-maintained. No center console. Warranty tag on driver's door. Appears to be a new interior that is fitted well. 390-ci V8, 4-bbl, 4-sp. A one-owner car. Straight panels with uniform gaps. Minor trim issues, but nothing offensive. Recent respray to a high standard. No issues with the interior. Owner states he just spent $1,450 for one taillight housing. Redline tires. auto. Assigned a Texas VIN. Paint shows swirls and other minor imperfections. Driver door fit is off, and most chrome is scratched. GT Grant steering wheel and numerous gauges added inside. Passenger window crank is missing. After-market stereo. Engine compartment is OK. Nothing special here. Cond: 3. SOLD AT $16,800. The car sold for about what it was worth. Without an actual VIN, it's hard to tell what engine this was born with, but it wasn't a 454, so you have to value this as a standard Chevelle. #210-1972 PONTIAC LEMANS Luxury Clean engine. Starts easily and runs smoothly. Cond: 1-. SOLD AT $36,225. Fitted with the biggest engine AMC offered in ‘69, these cars could give just about anything a fight. As presented, it was one of the better buys of the sale. A sorted car with a striking appearance at far less than the price of a big block Camaro. And the new owner will also get twice the attention when he pulls into the local Show-n-Shine. Engine compartment is clean and tidy. Cond: 2+. NOT SOLD AT $39,000. Sellers of “A code” Mustangs were looking for a major premium over the base, 200-hp 289. Usually worth an extra 10–20%, but not much more. The price bid was all the money, and there was no reason it should not have gone down the road. Now if it had been a convertible... #310-1967 DODGE CHARGER fastback. S/N WP29G72190102. Red/red vinyl. Odo: 26,304 miles. 383-ci V8, 2-bbl, 3-sp. Attractive paint that shows well, with a few nicks and scratches. Brightwork is in good condition, with a nice luster. The interior is in decent condition, with only minor wear throughout. Air, radio, power brakes and steering. Engine is not no streaks or fluid stains. A strong Boss 302. Cond: 2. NOT SOLD AT $74,000. A couple of years ago these were $50,000 cars on a good day, but those times are long gone. Still, bid was enough. #203-1972 CHEVROLET CHEVELLE SS 454 Clone 2-door hard top. S/N 13537NLDZ00040. Cranberry Red/black vinyl. Odo: 68,110 miles. 454-ci V8, 4-bbl, detailed but is clean. All-in-all, a well-presented car. Cond: 2. SOLD AT $12,390. This was an attractive car that appeared to have been taken care of by its various owners. It sold here for not a lot of money, so the buyer should not feel guilty about enjoying it on the street 80 Cond: 1-. SOLD AT $27,563. Seller stated the car was equipped with 455-ci W-30 engine, but that “K” in the VIN indicates it started life with a plain old 350. I hope the buyer did his homework before he waved his paddle, as a real W-30 package adds at least 50% to the value. The car was otherwise well-maintained and there shouldn't be any other surprises.u Sports Car Market #196-1970 FORD MUSTANG Boss 302 fastback. S/N 0F02G129524. Red/black vinyl. Odo: 28,903 miles. 302-ci V8, 4-bbl, 4-sp. Listed in the Boss 302 Registry. Body panel fit is acceptable. Paint is very presentable, with minor swirls and scratches. Wiper marks on windshield. Interior is crisp and clean, with an aftermarket stereo. Engine is clean, with 2-door hard top. S/N 2G37N2Z106148. Red/ white vinyl/cream Morrokide. Odo: 81,198 miles. 350-ci V8, 2-bbl, 3-sp. The Luxury LeMans had a unique grille, skirts, and extra badges. Straight, solid body with decent panel fit. Interior is very presentable, with little visible wear. Factory a/c, power seats and windows. Aftermarket stereo. Engine is well-detailed. Optional bumper guards. Nice presentation. Cond: 2+. SOLD AT $10,500. Not in same league as Trans Ams and GTOs of the era, but this was a lot of car for the money. It will be a while before there is any appreciation here, so drive the wheels off it and enjoy. #487-1972 OLDSMOBILE 442 W-30 Clone convertible. S/N 3J67K2M112099. White/black vinyl/black vinyl. Odo: 98,862 miles. 455-ci V8, 4-bbl, auto. Very desirable W30 package with new decals and badges. Paint is in excellent condition, with no flaws, chips, or scratches. Interior is to the same standard. Hurst dual-gate shifter, extra gauges. Engine compartment sparkles. Strong presentation.

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1970 CHALLENGER T/A 1934 FORD R/S 1940 FORD 1955 PORSCHE 1964 CORVETTE 1966 COBRA 1969 CHEVELLE 1978 CADILLAC 1979 CAMARO Z-28 1986 CORVETTE 1973 Chevrolet Nova 1969 Dodge Charger R/T

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RM Auctions Toronto, Canada Column Author Toronto International Spring Classic More than two dozen Corvettes crossed the block, from a 1959 convertible that stalled at $74,000, to a 2002 Z06 that brought $44,344 Company RM Auctions Date April 7–9, 2006 Location Toronto, ONT Auctioneer Brent Earlywine and Phil Faulkner Automotive lots sold / offered 195 / 336 Sales rate 58% Sales total $3,704,198 High sale 1970 Dodge Challenger R/T convertible, sold at $168,004 Buyer's premium 7% (included in sold prices) Red carpet treatment for American buyers Report and photos by Norm Mort Market opinions in italics J Toronto, Canada ust a hop, skip, and jump across the border from enthusiasts in Illinois, Michigan, New York, Ohio, and Pennsylvania, RM's Toronto International Spring Classic Auction can rightfully claim to be an international event. The weather during the three-day sale was rainy and cold, though the atmosphere inside the International Centre made for a great way to keep warm. As has become the norm at this biannual sale, RM offered over 300 classic, sports, and muscle cars, vintage trucks, and some newer exotics like a 1997 Plymouth Prowler and 2001 Aston Martin DB7 Volante. Much of the crowd focus throughout the weekend was on the muscle cars. There were plenty of Camaros, Chevelles, Mustangs, GTOs, and Road Runners to go around. And most of them did, accounting for a hefty chunk of the 58% sell-through. One crowd pleaser was a 1970 Dodge Challenger R/T convertible, one of only three known to exist in this form. Fresh from a rotisserie restoration, loaded with options, and fully decoded by Mopar guru Galen Govier, it presented in better-than-new condition. RM put it on the catalog's cover, figuring it might steal the show. In the end, it did just that, selling for $168,004. For those on the hunt for something considerably 82 older, there was a pristine 1932 Chevrolet Confederate 3window coupe with all the period options. Still powered by its original 60-hp, 194-ci 6-cylinder engine, it was bid to $25,000 before falling off. Nearly doubling that price but also failing to find a new home was a 1932 Ford cabriolet hot rod in winter mint green and powered by a 402-ci V8. Sometimes the right buyer just isn't in the room. And then sometimes he is, as a fully sorted 1932 Ford roadster hammered sold at $74,669. More than two dozen Corvettes crossed the block, from a 1959 convertible that stalled at $74,000, to a 2002 Z06 that brought $44,344. In between, a stellar 1966 427 coupe missed the mark at $122,000, while a solid 1965 396 coupe did change hands for a market-correct $59,268. RM has reached a level of activity within the col- lector car business that sets it apart from much of the competition. Enthusiasts regularly point to its Monterey, Phoenix, and Florida sales as market indicators. But the market is built upon and bolstered anywhere collector cars change hands. And that includes Toronto, where this $3.7m weekend went a long way toward furthering RM's reputation as a company that brings together qualified bidders and the cars they are looking for.u Sports Car Market

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RM Auctions Toronto, Canada Column Author ENGLISH #SP135-1949 ROLLS-ROYCE SILVER WRAITH limousine. S/N N/A. Black. Odo: 2,325 miles. Full tool kit, flame thrower driver's lights, sunroof, dividing glass, and fold-down tables. Believed original black factory paint showing numerous scars, dings, and cracks. Fresh front end chrome, but mostly original. Royal crests on sides are last minute stick-ons. Mechanically and structurally sound, according to the shop that worked on it. New doesn't match what's underhood. Blistering along front fender seams. Door chips and touch-ups. Rear bumper pushed in on one corner, but all new chrome otherwise. Poor rubber Wilton carpets, and wood trimmed interior are still attractive and showing minimal wear. Cond: 2-. SOLD AT $34,068. First owned by the Sultan of Oman, a private collector brought it to N.A. in 2003. With the odometer reading a mere 15k miles, it bears just the slightest hint of a patina. Repairs can be costly, so it's always best to buy the best in this league. As rare as these are on these shores, this was close to it. #408-1994 TVR GRIFFITH 500 convert- ible. S/N SDLDGC5P2RA011238. Red/black cloth/black leather. Odo: 28,682 km. Factory paint shows minimal wear. Minor rip on the cloth top. Leather is clean and mostly markfree. Good engine detailing. Factory paint on underside, with no evidence of rust. Cond: 2. NOT SOLD AT $60,000. TVRs from the 1960s fit around windows and scratched windshield. Fit of new top is only fair. Painted silver wire wheels. Exhaust is painted flat black. Cond: 3+. SOLD AT $27,534. Healeys seem to be hot and cold these days in the pricing department. This one gave me the chills for other reasons, and the price reflected that. The workmanship warranted the bid, which was fair. brown leather interior and nicely refinished wood trim, but original taped-together steering wheel. Cond: 3-. SOLD AT $46,901. This was a recent Europe to Palm Beach to Toronto import. A grand old lady positioned carefully in front of the main restroom. Few passed by without stopping. This price reflects the car's overall styling and poise, rather than its overall condition. Still lots to do before it can be shown with pride. #SP50-1956 ALLARD K3 roadster. S/N K33179. Red/black vinyl. Odo: 37,359 miles. Fitted with a non-original 354-ci Hemi V8 and 2x4-bbl carbs. Fully kitted out for racing. Some prep flaws and scratches, but nice paint otherwise, with good chrome as well. Minor wear on the carpet, seats, and panels. All the current vintage racing performance and safety mods are present. Cond: 2. NOT SOLD AT $78,500. No racing record was noted and the #407-1972 TRIUMPH TR6 convertible. S/N CC84883U. Red/black vinyl/black vinyl. Odo: 93,309 miles. Recent respray in popular red. Poor panel and door fit. Seat kit is off color with the rest of the interior. Carpeted trunk. Evidence of engine cosmetics and a new to the 1980s have a small but loyal following. Especially true in Toronto, where N.A. importer John Wadman set up shop. This relatively modern example is just one of two known in Canada. Servicing may not be too difficult, but small, important pieces and body panels will certainly cause problems. Regardless, not many folks knew about TVRs at the auction. The price bid seemed fair to me for an orphan. GERMAN radiator shroud. Frame patches. New trim rings and a hard top. Cond: 3. SOLD AT $10,827. Appeared completely refurbished, but the door fit made me question that frame repair. A fair price for a driver if the doors don't fly open, but proper repairs and further restoration may easily exceed market value. BEST BUY dealer rep had no knowledge of long-term history, but stickers indicate race events on both sides of the pond, including One Lap of America. Sold at no-reserve in February 2006 at RM Boca Raton for $39,858. This offer was substantial, and from a local crowd generally not concerned with oddball vintage racers. Doubling your money in two months sure sounds like the way to go. #SP109-1965 AUSTIN-HEALEY 3000 Mk III roadster. S/N HBJ830602. White/ black vinyl/black vinyl. 1997 restoration in Vermont, reportedly frame-off. Body color 84 #SP04-1987ASTON-MARTINLAGONDA saloon. S/N SCFDL01S6GTL13492. Red/ beige & brown leather. Odo: 15,000 miles. Original, high-performance V8 engine, automatic transmission, a/c, ps, pb, pw, pl, and power sunroof. Bright red factory paintwork has minor imperfections only. Light colored Connolly leather, looks fresh and inviting, with a nice patina. Interior wood and chrome trim show little wear. Basic engine detailing, but clean underhood. Cond: 2. SOLD AT $45,268. By far my favorite foreign car at the auction. Stylish and understated, it appeared to need nothing but a new, doting owner. Everyone's happy here. #SP37-1961 MERCEDES-BENZ 300D Adenauer 4-door hard top. S/N 18901012002565. Red/tan leather. Odo: Sports Car Market #SP22-1960 MERCEDES-BENZ 220SE convertible. S/N 12789311000158. Cream/ black cloth/red leather. Odo: 15,667 miles. Body fit and cream finish are excellent. Recent black cloth top shows little wear. Interior still

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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 1964 Ferrari 250 Lusso. Double Platinum Cavallino and winner of Coppa Della Meccancia in 2005. Includes original owners manual, tools, records, documentation, trophies. $485,000. 1967 Ferrari 330 GTC. Rare opportunity to get a nicely kept un-restored example of Ferrari's best period road car. Manual and tool roll with some tools. 1 of 600 built. $195,000 1952 Ferrari 340 America Ghia, s/n 0150A. Ex-Paravanno. Prepped and raced to 5th O/A in '52 Carrera Pan Americana by Jack and Ernie McAfee. Restored. Recent service. $1,100,000. 1954 Alfa Romeo 1900 CS Pininfarina Coupe. Restored, proven event competitor. Conrad Stevenson preparation. Lovely wool interior. Nardi wheel and floor shift. $115,000.

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RM Auctions Toronto, Canada Column Author 54,845 miles. Nice paint, recently resprayed in factory Strawberry Red. Excellent panel fit. Chrome bezels, bumpers, etc. look new, though the massive grille appears original, with only minor wear. Tan leather with brown piping on the seats and panels looks excellent. Refinished wood trim. Clean underhood. Plenty of Armor All to hide cracks on the black bumpers. Moto-Lita wooden steering wheel, new seats, original tired and soiled gray carpets. Surface rust throughout engine compartment. Cond: 4. NOT SOLD AT $12,000. Least desirable model of a not-too-exciting Porsche. Reportedly the second owner and “professionally restored” in 2005. The high bid should have bought this car twice. At least. #SP62-1989 PORSCHE 911 Turbo coupe. S/N WPOJBO93CKS050629. Silver metallic/ black leather. Odo: 74,000. Heated sport seats, a/c, 16-inch factory forged, colored wheels, power sunroof, factory boxed rocker panels, rear brake cooling ducts. Body and paint are excellent, with interior panels, seats, and carpet like Factory-color steel wheels with narrow whitewall tires. Cond: 2. NOT SOLD AT $36,000. Rare Adenauer 4-door hard top was striking in its uncommon color, which is easily mistaken for purple. With only 3,077 of these sedans built between 1958 and 1962, how many could there have been in this hue? Not many. Clearly lost on the bidders here, though there may not be much more money left in this one. #128-1967 VOLKSWAGEN KARMANN GHIA coupe. S/N 147838733. Orange/white/ brown vinyl. Odo: 85,444 miles. Quick resale paint in flashy orange, with a new and obviously quick-fit interior. New door handles,with pitted original chrome and window trim. Upgraded 914 powerplant, 12-volt system, new. Clean engine and compartment. Near mint in every respect. Cond: 1-. NOT SOLD AT $66,000. One of the last Carrera Turbos built, and clearly a pampered car since new. Bidding came fast and furious, but the binders went on at sixty-six grand (the other 930 stopped at $60k). That just wasn't good enough in this case, although it certainly should have been. ITALIAN #SP23-1988 FERRARI 328 GTS. S/N ZFFXA20A6J0075790. White/red leather. Odo: 45,814. Optioned with ps, pb, pm, pw, a/c. Recent repray is uninspiring but well done, except around black trim edges. Red leather interior is starved for attention, yet shows little and aftermarket wheels. New front disc brakes, muffler, gas tank, and aftermarket script. Cond: 3-. SOLD AT $4,667. Painted in pizza chain colors, this tarted-up Ghia was a bright bitsa. Although nothing more than a driver, it brought a fair price. Economical and a bit faster now, it could be a great way of breaking into the pizza delivery business. #607-1973 PORSCHE 914 roadster. S/N 4732916235. Silver/black vinyl. Odo: 6,220 miles. Decent silver respray with original trim, permanent wear. Carpets are aging and rubber is deteriorating. Engine featured original detailing. Cond: 3. NOT SOLD AT $45,000. Selling a V8 Ferrari is not easy these days, especially when it's painted white. A blah car that should have sold for the high bid. AMERICAN #SP06-1948 OLDSMOBILE 98 Futuramic convertible. S/N 9883264. White/brown 86 Sports Car Market replacement carpet with minimal wear. Smells like mothballs in there. Basic detailing under the hood. Cond: 3+. SOLD AT $11,667. No harm done here. Perhaps not as collectible as the coupe, but stylish and distinctive nonetheless. Good club support, and many enthusiasts guarantee a future resale with little to lose. Now, about that interior smell... #SP126-1956 LINCOLN PREMIERE convertible. S/N 56WA30934L. Island Coral/black cloth/white & coral. 368-ci V8, 4-bbl, auto. Solid, good panel fit. Recently resprayed, with dirt in the paint. Decent chrome and good cloth top. Nice interior, with fresh black carpets. Vinyl-like finish on dash. Engine and compartment feature basic detailing. Cond: 3. SOLD AT $43,868. In 1956 the canvas/tan leather & cloth. Odo: 66,399. 257-ci I8, 2-bbl, auto. Hydraulic windows, seats, and top, wide whitewalls, Hydra-Matic transmission. Excellent paint, with a few minor touch-ups. Ill-fitting hood. New chrome, polished trim, and well fitted cloth top. Nonoriginal seats and full carpeting, including trunk. Basic black underhood, dirty engine and compartment. Cond: 2-. SOLD AT $39,668. Not 100% original, but the deviations were all tastefully executed to make this big Olds a bit of a stunner. Both buyer and seller should be happy with this result. For the buyer, an easy, additional detailing will increase value. #SP36-1954 STUDEBAKER CHAMPION Regal Starliner 2-door hard top. S/N G1272766. Two-tone green/brown cloth. Factory radio, wide whitewalls. Older respray in a stylish two-tone green with few flaws. Straight, excellent panel fit. Older chrome, with some pitting on trim. Good original stainless. Non-original, but period-style brown cloth and

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Glovebox Notes 2006 HONDA CIVIC SI Column Author A brief look at cars of interest that have passed through the SCM stable. HHHHH is best hard top Premiere won a design award from the Industrial Designers Institute. I think it was Best Enormous Moving Object, but don't quote me. Island Coral paint was the original color, and this car appeared to have half the beach in its finish. The price paid was in line with the going rate, as this was an eye-catching drop top that everyone stopped to admire. Price as tested: $20,840 Likes: 197-hp, V-Tec, twin-cam, four revs to 8,500 rpm cutoff, sounds great. Oddball dash layout works, with dominant tach below digital speedometer strip. Six-speed is slick and wellspaced, pedals good for heel-and-toe. Great brakes, super-stiff chassis with front suspension towers linked to A-pillars, firewall. Cross-over wipers fun to watch. Big trunk. Gripes: Engine holds revs after you lift. Rear visibility poor; mirrors must be set carefully to avoid blind spot. Hood is invisible, hard to estimate where nose is. Rock-hard seat bolsters jab you as you slide in, bound to wear. Huge windshield likely to be expensive. Fun to drive: HHHH Fun to look at: HH Overall ownership experience: HHH Verdict: Gen Y and Ought magnet, judging from stares. Tuners will find another 100 hp. Hints at next model, as 3-box morphs into egg shape. A lot of bang for $20,000 but Subaru's 4WD, turbo WRX is only $4,000 more.—Paul Duchene 2006 MITSUBISHI LANCER EVOLUTION MR #613-1957 NASH METROPOLITAN convertible. S/N E30152. Orange & white/ orange & white vinyl. Odo: 5,606 miles. Refurbished rather than restored. Older paintwork, with numerous touch-ups, scratches, and chips. Poorly painted wheels; worn chrome and trim. Yellowed vinyl spare cover. Color- Paintwork shows only some polishing marks on the hood. Fresh chrome and stainless. Mostly new red vinyl interior and carpets, but some original maroon tends to clash somewhat. Clean, basic detail to the engine. Sprayed black undercarriage. Cond: 1-. SOLD AT $31,734. Few faults to be found on this much-admired 'Stang. The price seemed more than fair for the quality here. A good buy and sell. #SP01-1965 FORD MUSTANG GT350 matched vinyl seats are worn. Non-originalstyle door panels and carpets. Dirty Austin engine is missing the air cleaner. Undercoated, but evidence of some rust. Cond: 4+. SOLD AT $9,100. Orange and white were not part of the Nash tooty-fruity color scheme, but this was a cheap, fun, summer driver. Have fun with it until it's time for a proper restoration. #SP57-1965 CHEVROLET CORVETTE coupe. S/N 1943375S1194416. Blue/blue & white vinyl. Odo: 63,551 miles. 396/425, 4-bbl, auto. Reproduction knock-offs, a/c, ps, pb, stinger hood. Bright paintwork is spoiled by dirt, a few chips, and some poor prep areas. Windshield trim is poorly fitted, but chrome is excellent. Fresh interior, but wrinkled armrest. Price as tested: $36,894 Likes: Assertive styling, cool sounds, rally-car balance. Lest you forget, the comfortable Recaro racing seats help you remember what you've got beneath you. Gripes: The big-torque turbo and front-wheel drive bias make steering heavy, and keeping it straight can be difficult. Helps to switch the differential to the gravel or snow settings; that seems to give more power to the rear wheels. That wing is just a bit ridiculous. Fun to drive: HHHHH Fun to look at: HH (HHHHH if you're under 26) Overall experience: HHHH Verdict: The Evo is a seriously fast car that feels like a rally car. Four doors make it practical, though nothing else about it does. You really have to want this car, as the price puts it in company with some serious Euro machines, including lightly used BMW M3s and Audi S4s. —John Draneas and Stefan Lombardu 88 Clone fastback. S/N 5F09C794090. Red & white/black vinyl. Odo: 64,998 miles. 289-ci V8, 4-bbl, auto. Aftermarket mags, Wilwood disc brakes, oil cooler, competition seat belts. Good, straight body and panel fit. Excellent paint, with minimal flaws. New chrome and trim. New interior, including the carpets. Detailed engine and compartment. Clean underneath. Cond: 2-. SOLD AT $52,268. Full resto and upgrade, with added tilt wheel and disc brakes. Yes, it's a clone, but a good one and a fraction of the real thing. The layman won't know the difference (or care, most likely), but you should tell your insurance broker. (No, you shouldn't.) Well bought and sold. #410-1967 PONTIAC GTO 2-door hard Clean, non-matching-numbers engine. New rubber bushings noted. Undercarriage painted a basic black. Cond: 2. SOLD AT $59,268. One of three '65/'66 coupes offered by this dealer, and the only one to sell. The price seemed a bit on the high side for a non-matching numbers car, especially one mated to an automatic tranny, but it was still well bought and sold in today's market. #SP143-1965 FORD MUSTANG GT fastback. S/N 5T09A163750. Black/red. Odo: 66,796 miles. 289-ci V8, 4-bbl, 225-hp. Fully restored to the highest level. Great panel fit. Sports Car Market top. S/N 242177Z106058. Black/black vinyl. Odo: 66,382 miles. 400-ci V8, 4-bbl auto. Good panel fit, with some minor dirt in the paint. Some wear on the original chrome and trim, with pitted door handles but rechromed bumpers. Original factory wheels are worn. New black carpet and interior kit. Correct engine, but not original. Basic underhood

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RM Auctions Toronto, Canada Column Author detailing. Cond: 3. SOLD AT $21,001. Cosmetic blemishes aside, this was a sound GTO for little money. Drive it, enjoy it, maintain it, then sell it in a few years for the same money or more. #SP13-1969 CHEVROLET CAMARO Z/28 Clone 2-door hard top. S/N 123379N571231. Yellow & black/black vinyl. Odo: 6,181 miles. 350-ci V8, 4-bbl, auto. Slightly better than mediocre paintwork. Original stainless and chrome are passable. engine and Six Pack are nicely detailed. Flat black undercarriage with new exhaust. Stock wheels with Goodyear Eagle tires. Cond: 2. NOT SOLD AT $170,000. Certainly the right options, numbers, and colors, but the wrong price. It seemed like enough, but the market is still strong for these high-performance Mopars. TOP 10 No. 7 Claimed new leather interior, but it's really leatherette and not that new. Basic engine detailing and sprayed flat black undercarriage. Cond: 3. SOLD AT $15,307. No harm done here with this 20-footer Z/28-look Camaro. Perfect for cruising around on summer days. Well sold and well bought. #SP127-1969 FORD MUSTANG Mach 1 fastback. S/N 9T02R162057. Green/black vinyl. Odo: 60,000 miles. 428-ci V8, 4-bbl, 4-sp. “R code.” Shaker hood with Ram-Air induction, front and rear spoilers, rear window louvers. Matching numbers, with original paint showing minor wear at the creases only. #SP129-1970 DODGE CHALLENGER R/T convertible. S/N JS27N0B125943. Black/red vinyl. Odo: 98 miles. 383-ci V8, 4-bbl, auto. Original colors, one of three known in this combo, with matching numbers, light package, radio group, Rallye instrument cluster, woodgrain console, remote chrome mirrors, dual detailed engine and undercarriage. Only real flaws are the pitted door handles, original window stainless, and fogged rear window. Cond: 2+. SOLD AT $41,534. The look-at-me bright, funky Hemi orange paint is right out of the '70s. Bought within the market for a numbersmatching, clean and straight 1972 'Cuda. The 340 is still powerful enough to light the tires, and not so thirsty as the other V8s. exhaust, and factory AM radio. Decoded by Galen Govier. Mint-like rotisserie restoration, better than new in every area. Cond: 1. SOLD AT $168,004. Top money at the auction for a top-of-the-heap Mopar. Well deserved and well bought, as this was a real beauty in quality, options, and color combo. Over-restored? That's like saying Angelina Jolie is too beautiful. #413-1972 PLYMOUTH 'CUDA 2-door Very clean inside and out with little wear. No evidence of any rust, rot or previous damage. Formerly owned by a Ford executive. Cond: 2-. SOLD AT $60,668. Apart from some minor freshening, this was about as original an example as you are going to find. A lovely patina inside and out on a potent and important SCJ Mustang. Well bought. #SP55-1970 PLYMOUTH 'CUDA 440 Six Pack 2-door hard top. S/N BS23V0B345337. Plum Crazy/black vinyl/black vinyl. Odo: 40,038 miles. 440-ci V8, 3x2-bbl, auto. Fully loaded with 26 factory options. Recently repainted, with only minor imperfections. Fully rechromed. Door and hood fit could be better. Spotless vinyl interior spoiled only by original scratched window trim. Matching-numbers 90 hard top. S/N BS23H2B35378. Orange/black vinyl. Odo: 74,853 miles. 340-ci V8, 4-bbl, 4-sp. Recent respray with poor prep, sanding marks, and dirt, but a good shine. Rechromed bumpers, with all other chrome original, scratched, and pitted. New black carpets and seats, but original console. Dash cap crack is repaired. Clean underhood and chassis, but not #SP45-1976 CHEVROLET VEGA Kammback station wagon. S/N 1V15B6U126470. Cream/brown vinyl. Odo: 64,409 miles. Original, solid, and straight, but resprayed poorly. The original chrome and trim show minimal wear. The as-new interior has factory a/c. Clean underhood, including detailed. Cond: 3. SOLD AT $23,987. Despite the obvious flaws, this was still a good buy for a Mopar fan looking for a solid driver. Lots of room for upgrading and future potential profit while enjoying the ride. #SP106-1972 PLYMOUTH 'CUDA 2- door hard top. S/N BS23H2B465935. Orange & black/black vinyl/black vinyl. Odo: 12,875 miles. 340-ci V8, 4-bbl, auto. Slapstick automatic, build sheet, a/c. Excellent paint, except along some edges. Straight, well-fitted panels. New interior and carpets. Nicely painted and some nice detailing. Still has its original window sticker. Cond: 3-. NOT SOLD AT $7,000. Another wagon that has made the RM Toronto rounds. Not sold in October 2004 or October 2005 (SCM# 36798 and 39816, respectively.) This was the biggest offer yet, fully $700 more than the last one. Sir, please take the money.u Sports Car Market

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Bonhams Warwickshire, UK Column Author International Historic Motorsport Show Other people's discarded competition machinery is never an easy sell, even at the best of times Company Bonhams Date February 25, 2006 Location Warwickshire, U.K. Auctioneer James Knight Automotive lots sold / offered 23 / 46 Sales rate 50% Sales total $928,447 High sale 1961 Jaguar XKE Competition Roadster, sold at $235,770 Buyer's premium This 1988 Kremer-Porsche 962 failed to find a new home Report and photos by Richard Hudson-Evans Market opinions in italics E Warwickshire, UK ver resourceful, Bonhams found a new venue within the halls of the Stoneleigh showgrounds during the 3rd International Historic Motorsport Show, a place formerly occupied by fellow auc- tioneers H&H. The IHMS has quickly become one of the largest events dedicated to the competitive exercise of old automobiles, and Bonhams wasted little time in gaining rights to host an auction. Once again, the show proved to be a great success, but with just 23 cars changing ownership for a $928,447 total, the sale was no bonanza. By comparison, last year at this venue, H&H shifted 52 cars and grossed $2.4m in so doing. The sale stats would have stacked up a whole lot bet- ter for Bonhams if buyers had been secured for more than one of the four big-number entries. One such failing star was a 1928 Bentley, which had started life as a Weymann sedan but more recently had been converted into a Speed Six roadster with shortened chassis. Marque purists seemed to disapprove, however, and it failed to raise the necessary $348,000. Similar no-sale stories befell a 1988 Kremer-Porsche 962 Group C racer that ran out of puff at $252,300, as well as a 1990 Ferrari F40 Competizione that could not encourage bidders to offer more than $234,900, some $60,000 short. And so it was left to a 1961 Jag E-type racer first campaigned in club races throughout 1961–62. Having already 92 15% on the first $53,400, 10% thereafter (included in sold prices) failed to sell at the same auctioneers' Goodwood Revival sale, it made an impressive showing at the new venue. Race machinery was the order of the day at this ap- propriate venue, with plenty of bullish results on the cars that sold. Among them, an ex-Austin-Rover works MG Metro 6R4, driven to 1986 Circuit of Ireland victory by David Llewellin, sold for $68,000. Also doing well at $42,021 was a retro-prepped 1965 Austin Mini Cooper S employed by Timo Mäkinen to win both the 1000 Lakes Historic and the Pirelli Marathon in 1990. The Flying Finn's Ford Escort Mk I RS1600, the 1973 1000 Lakes winner, did not get away, however, there being nobody in the frame with the necessary $100,000 plus. Meanwhile, a Cooper-Bristol T23 F2 dated 1954 but assembled from period components in 1988 changed garages for a substantial $63,858, and a Jaguar R1—less engine—raced by Eddie Irvine during the 2000 F1 season made a more than forecast $57,029. Other people's discarded competition machinery is never an easy sell, even at the best of times. More often than not, it's got to be historically important, in excellent nick and ready for more action, seriously cheap, or some combination of the above. With the continued growth and success of the IHMS, expect Bonhams to get its footing as it adjusts to the venue. The event represents a good opportunity to build a strong competition-car sale, and with an audience captive and willing, expect much more in the years to come.u Sports Car Market

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Bonhams Warwickshire, UK Column Author ENGLISH #343A-1937 MG TA roadster. S/N TA0993. Red/black. RHD. Odo: 10,300 miles. Partrestored ten years ago, but never completed. Repaint and rechrome are now much marked, and the windshield is cracked. Interior appears to be mostly original. Later TB XPAG motor, Racing Green/black. Assemblage of many claimed-to-be-period bits. Maintained by specialist Tony Byford in recent seasons. Driver's legs straddle the gearbox. Event-worn paint, grubby interior, clean but shabby engine. Cond: 3. SOLD AT $64,034. Although likely to be shunned and labeled as an ineligible bitsa on the international stage, this VSCC race regular attracted the necessary money, which represented good value for an historic singleseater for Clubbies. #334-1956 BENTLEY S1 Fastback coupe. S/N B277AP. Eng. # BA388. Maroon/magnolia leather. RHD. Odo: 6,391 miles. An older restoration, now with much bubbling below the paintwork. Most chrome is marked, though the interior is still super. Maintained in recent with a seized clutch declared by the vendor. Cond: 3. SOLD AT $16,808. Certainly not without its problems. But at roughly half the price of a good #2 example, the buyer may do all right here. With a few thousand dollars and a little DIY service, this one could be both a reliable driver and a good vintage event car. #365-1952 JAGUAR XK 120 coupe. S/N 680432. Dark blue/gray leather. RHD. Odo: 7,420 miles. Formerly a U.S. car in left-hand drive. Mods during the resto include the fitting of an XKE 4.2-liter engine, all-synchro gearbox with O/D, discs all around, Koni shocks, and stiffer anti-roll bar. 15-inch chrome wires, years by R-R specialists, Ristes. Cond: 3-. SOLD AT $48,024. Cheap money for an S1. Until it comes time to address some of those problems. And a car like this deserves to be addressed. The repaint and rechrome will be costly, but let's hope those Riste service appointments kept all things mechanical on the up and up. TOP 10 No. 4 #347-1961 JAGUAR XKE Competition roadster. S/N 850020. Eng. # 16509. Opalescent green/green. RHD. Odo: 53,024 miles. Aluminum panels, Le Mansstyle tank and D-type tach date from early race years when it was an Autosport Championship front-runner. Restored in 1991, now with the repaint much marked. The retrimmed leather and renewed carpets are still good. In 2005, Lynx did a $140k mechanical rebuild, including louvered hood, leather straps, two Lucas flamethrowers, Le Mans filler-cap. Recent “engine out” service at Mill Lane Engineering. Minor marks to paint and chrome, with the interior presenting well. Cond: 2. SOLD AT $51,026. A most attractive appearance, combined with motor and transmission upgrades, helped this touring event-ready Jag achieve its guide price. No more, no less. #348-1954 COOPER-BRISTOL T23 Formula 2 single seater. S/N CB188. British building a 350 hp 3.8-liter engine, with knockoff alloys replacing the wires. Cond: 2-. SOLD AT $235,770. Last changed hands at Bonhams Goodwood 2002, where it sold at $208k (SMC# 30887.) Rejected when last auctioned at Bonhams Goodwood 2005, with a $296k guide price. Here, it was initially unsold under the hammer at $200k, but this well-known E-type with period race history deserved its immediate aftersale for $35k more. #336-1965 AUSTIN MINI COOPER S rally car. S/N CA2S7676009. Red/black. 94 Sports Car Market RHD. Odo: 6,361 miles. Converted from street spec to current full house rally S for major historic events in early 1990s, when it was driven to 1000 Lakes and Pirelli Marathon victories by Timo Makinen. 1,293-cc motor and straight-cut, close-ratio gearbox rebuilt in the early 2000s. Mainly museum-displayed since, apart from 2005 Monte Historique outing. Cosmetically good throughout, though some paint chips. Works-style interior is authentic but worn, and the engine bay needs some TLC. Cond: 2. SOLD AT $42,021. Considering the farfrom-super condition, particularly underhood, this was a huge valuation for a rally-rep with no period Makinen history. Sharper pre-1965 Mini Cooper S rally cars have been changing hands for less than half of this in the U.K. #332-1968 RILEY 4/72 sedan. S/N RH52342681. Dark green & light green/green. RHD. Odo: 75,383 miles. Apparently structurally sound. Repainted in recent years, though stone-chipped. Chrome is pitted. Interior is largely original, with only minor wear. Cond: 2-. SOLD AT $10,005. Becoming rare, though not especially collectible, this Pininfarinastyled example of badge-engineering only just scraped home at this figure, which was enough. #357-1970 CHEVRON B16/21 racer. S/N B217216. Yellow/black. RHD. Odo: 23,270 miles. Raced in period by Roger Heavens as a B16, then uprated to near-B21-spec for the 1972 season, including a South African campaign. Bodied as a B23 back in Europe for 1973, with much success then in Angola,

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Bonhams Warwickshire, UK Column Author where it was stranded by civil war. Returned to Europe in 1991. Cosmetically only fair, with incomplete, part-assembled, 2-liter engine, minus head. Much to do. Cond: 3-. SOLD AT $54,027. Consigned by the the local county court sheriff's office, which excited plenty of interest. And this no-reserve lot did not disappoint, with many viewers and at least two enthusiastic bidders creating an above-topestimate result. #344-1972 JAGUAR XKE SIII convertible. S/N 151485. Eng. # 757741SB. Primrose Yellow/black. RHD. Odo: 43,462 miles. Authenticated mileage by three owners. Unrestored apart from an older repaint. 300-hp tune, though the 400-hp spec cams are included. Cond: 3. SOLD AT $67,686. Still competitive in modern tarmac rallying, albeit only up to the national level, 6R4s still pull strongly in the U.K. This one attracted half a dozen bidders in the hall, eventually selling for about $7,000 above top estimate. BEST BUY #339-2000 JAGUAR FORDCOSWORTH R1 Formula One single seater. S/N R105. Jaguar F1 Green/black. A Gary Anderson design from the post-Stewart Racing, pre-Red Bull Racing era. Driven seven times by Eddie Irvine, including a 6th place finish in the 2000 Malaysian GP. Carrying a rare Jaguar F1 badge, smartly rust-free. Door fit is good, though paint is sufficiently marked to warrant a repaint. Original interior is beginning to curl at the edges. Cond: 3-. SOLD AT $27,014. The ultimate evolution of the 356. This was a rather rough example, unrestored and it showed nearly everywhere. This seemed a bit pricy, especially when one figures what now must be invested to keep it on the road just as a reliable driver. However, European demand for rust-free California cars made this a fair deal for all. #340-1969 PORSCHE 911 2.4 rally car. Some blemishes throughout, with the original interior worn. Cond: 3+. SOLD AT $47,024. Relatively unmolested V12s have become rare, and with the premium added, this was only just short of the estimate. A fair deal all around. #360A-1985 BRISTOL BRIGAND Turbo coupe. S/N 603S908533110. Eng. # 783604234. Purple blue/blue. RHD. Odo: 992 miles. Has done many more miles than this. Received a body refurb at some point, but not recently, with the repaint now much marked. Brightwork requires some replating. turned out in works team livery, with very few marks. No 3-liter V10 or instruments currently fitted. Cond: 1-. SOLD AT $57,029. No Jaguar collection can truly claim to be complete without a GP Jag, which may explain the solid money paid for this display F1 car with history. GERMAN #349-1960 PORSCHE 356B Super 90 rally car. S/N 112973. Eng. # PO12261. White/black. Odo: 13,891 miles. Much roadrallied over many seasons, and last restored in 2003. Super 90 motor on Webers, rebuilt in 2004 by specialist Andy Prill. Gearbox was overhauled and a Torsen LSD was fitted in 2005. Freshly fettled for more retro eventing. S/N 119200931. Blue/black. Odo: 55,505 km. A serious long-wheelbase 911, built up for endurance events, and fitted with a later, bigger 2.4-liter six. Sixth place in London-to-Sydney. Bulged hood to accommodate twin spares in front of a large-capacity tank. Under-shielding front to back, roof vent, full cage, high-back The original interior leather and walnut have a nice patina. The V8 and surrounding area are shabby. Cond: 3+. SOLD AT $12,406. Lots of eccentric English gentleman's motor car for the money. But it was cheap money, so this should make for a rare conversation piece of a driver. #345-1986 MG METRO 6R4 Group B rally car. S/N SAXXRWMP7AD570080. White/black. RHD. Ex-works team car, and winner of the Circuit of Ireland, driven by David Llewellin. Maintained recently by Terry Hoyle, including the original V6. Currently in buckets, additional four-light pod included, wired like a 747. Cosmetically knackered, and in dire need of makeover, but claimed to be mechanically OK. Cond: 3+. SOLD AT $30,105. Mid-estimate money for this 911 weirdo. Likely to be uncompetitive in the Post Historic category on U.K. stage events with that 2.4-liter motor, rather than a 2.7- or 3.0-liter lump. It is also too heavy and needlessly complicated for one-day sprint events. #356-1988 PORSCHE 962 Group C race All panels are straight and rot-free, though paint and brightwork are marked. Interior is strictly functional, with all the right navigational and regularity timing aids. Cond: 2-. SOLD AT $35,018. Workmanlike, but not that pretty with your reading glasses on, this well-known 356 raised top-estimate money. It would have cost much more than this to rally-prep another one to this standard, but old race cars rarely bring top dollar. The seller should be pleased. #355-1965 PORSCHE 356 SC coupe. S/N 131228. Primrose Yellow/black. Odo: 46,541 miles. Only just arrived from California, with a more desirable 95-hp SC motor fitted. Has EU papers, though is not yet U.K. registered. Generally well-preserved, with panels apparently 96 Sports Car Market car. S/N CK688. Red & white/black. RHD. Thompson-crafted tub, two KKK turbos. Finished 9th at 1988 Le Mans, 6th at Tampa, driven by three Andrettis. U.S.-owned until 2001 when the engine was overhauled by Porsche NA; unraced since. Authentic Kenwood livery, cosmetically very sharp, with a few marks. Interior is good, and allmechanical bits are well

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Bonhams Warwickshire, UK Column Author detailed. Historic Group C/GTP eligible. Cond: 2+. NOT SOLD AT $252,300. A super ex-Le Mans 962. Not a factory car, but the Kremer Brothers organization was about as close as privateers could get. Historically, several of these cars have failed to sell for between $250k and $300k, but that's where the offers always stop, so it might not be a stretch to claim their worth in that range. Maybe this was light, but it shouldn't have taken much more. ITALIAN #335-1957 ABARTH 750/850 Double Bubble coupe. S/N 260452. Red/black. Zagato bodywork. Restored in Italy in the mid-1990s. Upgraded at some time with an 850TC motor, front discs, Multipla rear drums, lowered suspension, Plexiglass windows, and smaller steering wheel. Panels are unmarked, with some chips to the paint, and only minor wear to the interior. Cond: 2. SOLD AT $55,028. This was #352-1971 FIAT DINO coupe. S/N 135BC0005312. Silver/gray. RHD. Odo: 21,064 miles. The V6 was rebuilt by a Prodrive technician in 2002, with chassis refurbishment in 2003. Hood and trunk lid were renewed and repainted in 2005. Paint is still very clean overall, with some brightwork scratched and other trim only fair. Original interior is decent, with tweaked to 550-hp GT-spec. Major service in 2005, with new belts. Old repaint is still sharp, with interior slightly worn. Exhaust chrome is badly discolored, and suspension is cosmetically only fair. OEM cats included within spares package. Cond: 1-. NOT SOLD AT $234,900. Bonhams and its client had been hoping for bids of $296k and upwards for this U.K.-street-legal former racer. Even on a very rainy day, an F40 like this has to be worth at least $300k. JAPANESE #337-2003 SUBARU WRX-STI Group N worn wood wheel. Attended the recent 14th International Dino Day hereabouts under its own steam. Cond: 2. NOT SOLD AT $10,092. The vendor wanted at least $10,500, which would have made this well-sorted coupe a good buy. It's hard to imagine, however, that a mere $500 would mean the difference between a sale and the time and effort required to relist it sometime in the near future. #369-1976 MASERATI MERAK coupe. S/ a nice example of the dinky Double Bubble GT. They don't trade often, but when they do, a figure below $35k is the norm. The biggest result we've seen was $75k at Christie's Le Mans 2004 (SCM# 34937). That was a case of the right car at the right sale, with the right buyer. Still, I'd count this one as a substantial result, and congratulate the seller for it. #341-1966 ALFA ROMEO GIULIA GTA coupe. S/N 752556. Red/black. RHD. Claimed to be a genuine GTA. Certainly looked authentic, and extensively retro raced since 1999. Aluminum panels, bumperless, Perspex windows, stripped interior, full cage with side crossmembers, one high-back bucket, full harness, plumbed-in fire system. Panel fit is only to race car standards, front apron is recently repainted but bumpy. Much event wear, with looks to be the original leather and is in reasonable order. Cond: 2-. SOLD AT $11,006. A most attractively pitched $5,500 to $8,700 guide price was guaranteed to encourage bids and boost auction performance. Not a particularly nice example—far from it, in fact—but nonetheless this Maser was well bought at this price. #353-1990 FERRARI F40 coupe. S/N 85690. Eng. # 22707. Red/red. Odo: 23,800 km. Prepared by Michelotto and raced 27 times from 1992 to 1994 in the Italian GT Championship, with two victories and seven podiums. Converted back to road use, with engine still the interior strictly functional. Cond: 3+. NOT SOLD AT $67,860. Being a known front runner in recent historic races both in the U.K. and on the Continent did not appear to impress bidders. The vendor wanted at least $70k here, and even without any known period race history, a genuine, on-the-button GTA is certainly worth it. 98 Chassis and suspension paint are still fair, with good bodywork. Buttoned upholstery is acceptably worn. With current MOT roadworthiness certificate and tax disc, it is likely to be on the handle. Cond: 2. SOLD AT $20,010. This only just matched the minimum required by the vendor. Such post-Vet, pre-WWI stock can be difficult to shift, with so few dealers who dare to specialize in them.u Sports Car Market N 122225. Red/black. RHD. Odo: 32,453 miles. One of 1,832 built. Last bodywork was carried out circa 1990 when panels were repaired and thickly repainted. No sign of rot or bubbling, and still glossy enough, but marked. Interior Wears its Rally Australia livery, where it won its class. Partial repaint is fresh, interior is virtually unmarked. Engine and suspension are clean but not concours. Cond: 2. NOT SOLD AT $57,420. Although it's still likely to be competitive in Group N, the $70k required was not forthcoming here. Still too modern, perhaps? AMERICAN #360-1913 OVERLAND MODEL 69R roadster. S/N 693768. Eng. # 796288. Blue & black/black/black. RHD. Came to the U.K. from Phoenix in 1990. Changes from standard spec include oversize pistons and detachable rear rims. Repaint and bottom end rebuild in 2004. rally car. S/N GDB017026. White/blue, yellow & red. Prodrive-built to full FIA Group N specs. 2003 Production Car World Rally Champ. Unused since, though freshly checked out by original team David Sutton Cars Ltd.

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Gooding & Company and SCM Present the Fifth Annual Monterey INSIDER'S SEMINAR Guest Speaker oding & Company and SCM Present the Fifth Annual Monterey INSIDER'S SEMINAR Guest Speaker An An SCM exclusive: Tom Cotter, author of The Cobra in the Barn, will give an illustrated presentation about his most intriguing discoveries. Book signing follows seminar. “LOOKING FOR SANITY IN AN INSANE MARKET” Saturday, August 19th • Equestrian Center, Pebble Beach, CA • 10:00 am to noon Subscribers: $195 for 1, $345 for 2 • Non Subscribers: $250 for 1, $450 for 2 SPACE IS LIMITED! DEADLINE - AUGUST 8, 2006 (Reservations are accepted on a first-come, first-served basis. Don't be left out!) Name (If registering for more than one person, please place additional details on separate sheet.) Address City Best Phone E-mail State Fax Zip Signature Send this form to SCM Monterey 2006 P.O. Box 16130, Portland, OR 97292 Fax 503.253.2234; Phone 503.261.0555 x206; e-mail: project@sportscarmarket.com For more information or to reserve your space contact David Slama at 503.261.0555 x 206, or e-mail project@sportscarmarket.com www.sportscarmarket.com Payment in Full Required Enclosed is my check made out to Sports Car Market Charge my VISA/MC/AmEx Total Amount $ Card # Exp.

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Column Author H&H Classic Auctions Gloucestershire, U.K. Cheltenham Racecourse The catalog was substantial, packed with a number of interesting and significant machines from all manner of motorsport Company H&H Classic Auctions Date February 21, 2006 Location Gloucestershire, U.K. Auctioneer Simon Hope Automotive lots sold / offered 46 / 68 Sales rate 68% Sales total $2,225,818 High sale 1969/94 Ford GT40, sold at $514,388 Buyer's premium 7.5% (included in sold prices) Ford GT40 built from 25-year-old parts Report and photos by Richard Hudson-Evans Market opinions in italics H Gloucestershire UK aving decided to relinquish its Stoneleigh Park venue at the International Historic Motorsport Show to Bonhams, H&H instead set up its rostrum earlier in the same week in the luxurious Centaur Complex at Cheltenham Racecourse in neighboring Gloucestershire. The northern auction house attracted 68 cars to Cheltenham, a solid consignment list that made for a $2.2m day from 68% sell-through. Considering that the H&H auction was a stand-alone affair, and not held alongside a larger event, the audience was considerable, with many newcomers attending from across England. The catalog was substantial, packed with a number of interesting and significant machines from all manner of motorsport, as well as a good selection of road cars. As at Stoneleigh, however, H&H found the Cheltenham going very hard indeed for its clients' historic racers. For example, the sale's headliner, a Shelby Cobra 289 that won its class at Le Mans in 1963, went unsold under Simon Hope's gavel at $1,087,500. It very nearly got away in a $1.2m after-sale, but it ultimately fell through and the car returned home with its seller. In fact, a near starting grid of competition cars failed to attract new owners. Notable among them were several F1 cars. The ex-Jean Pierre Beltoise 1971 Matra MS120-B, Nigel Mansell's 1981 JPS-Lotus 87, and the March-RAM 811 raced in 1981 by Derek Daly all went unsold at the close 100 of business. And a trio of 1980s-era Group C racers—two EMKA-Aston Martins offered as one lot and a Tiga—also fizzled out long before meeting their respective reserves. Heading the results, therefore, was a 1969/1994 Ford GT40, for which a mid-estimate $514,388 was available. As the very last of the FoMoCo-sanctioned batch of ten prototypes and 90 production models originally allocated to JW Automotive, S/N GT40P-1089 was not built inperiod, but instead was constructed from period bits for the Willment family in 1994. Hardly vintage, but a strong price nonetheless. Also selling well was a 1935 MG R-type single-seater originally raced at Brooklands by Doreen Evans. When the hammer fell, it made $243,165 (June, “Race Profile, p. 62). And though it was the least successful racer of the Brabham F1 effort, a 1968 Brabham-Repco raised $174,000. Strong performers from the street included a newly restored 1937 Jaguar SS 100 2 1/2-liter, which brought a higher-than-expected $243,165, while a tidy 1958 Aston Martin DB Mk III saw $63,597. With its ease of access, free parking, and user-friendly facilities, it is surprising that Cheltenham has not been an auction venue in the past. For H&H and most of its clients, the place proved to be a successful replacement for its regular Pavilion Gardens home at Buxton. Indeed, H&H was sufficiently pleased with the commercial experience at the Centaur Complex that it is set to return at the end of November for the final fixture of the year. u Sports Car Market

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H&H Classic Auctions Gloucestershire, U.K. ENGLISH TOP 10 No. 3 #65-1931 JAGUAR SS 100 2 1/2-Liter roadster. S/N 18054. Eng. # 252018. Silver/black/black. RHD. Odo: 196 miles. Mileage since restoration. Once a U.S. car, it returned home 20 years ago. Engine rebuilt with “bronze” head and Carillo rods, with a 3 1/2Liter-spec back axle fitted Stateside. Bodily restored more recently in the U.K. Correct Lucas headlights. Panels and fit are top notch, with paint and chrome unmarked. Interior retrim and mohair dash are fresh, though engine and ancillaries presentation is only fair. Cond: 1-. SOLD AT $243,165. This car's well-charted early history, nice period photos, and superb condition warranted a price more than $50k over estimates. Serious money indeed for an SS 100 with the 2 1/2-liter motor. #28-1932 LAGONDA 2-LITER Supercharged dhc. S/N CH10027. Eng. # 1775. Dark green/fawn/brown leather. RHD. Odo: 1,562 miles. Color-changed to the present green in the mid-1950s. Much mechanical and body work completed in the late 1960s, including ash framework renewal, new roof fabric, and hydraulic shock installation. Engine last overhauled in 1973. Lost its Zoller blower at some time; a Volumex unit is supplied with the car. Panels are bumpy, particularly the rear fenders. Holes in the passenger side sill. Ancient paint is matte and much-chipped. Interior is complete, though all leather is thoroughly distressed. Cond: 4+. SOLD AT $41,151. Even though the vendor had been hoping for a tad more, this was strong money for an early 1930s classic in need of a full and costly makeover. #26-1934 BENTLEY 3 1/2-LITER 3position dhc. S/N B120AH. Eng. # F2BU. Green/gray/maroon. RHD. Odo: 59,577 miles. Conflicting records indicate this was originally bodied as either a Park Ward saloon or T & M coupe. The flattened fender sides and deep door recesses are quirky. Chassis is structurally sound, with no door droop, but with bumpy panels and rippled fender bottoms. Matte paint. Interior appears original but scruffy. Seemingly complete, apart from missing front bumper and rear window. Claimed to run and drive. Cond: 3. SOLD AT $39,281. Acquired by the vendor at Bonhams Darien, CT in 2005 (SCM# 38757). Declared a no-sale on the block, so we will assume it was purchased after the fact. From the same source as lot 28, here was yet another pre-war resto project for which, judging from the number of bidders, there are still plenty of takers. TOP 10 No. 5 #45-1935 MG R-TYPE Supercharged single seater. S/N 0255. Blue & white/ black. Raced by Ken and Doreen Evans at Brooklands pre-WWII. Rescued in project July 2006 101

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H&H Classic Auctions Gloucestershire, U.K. Column Author MG made 3,400 of these “big” TFs. Powered by the 1,466-cc XPEG engine, they were transitional cars between the TF 1250 and the MGA. Most were destined for the overseas market, and thus came in LHD. This was strong money for a TF of any kind, though with its super presentation and RHD, it is the most desirable version in the U.K. Fairly bought and sold. from a scrapyard in 1963, subject to a 20year resto until the mid-1980s. Acquired at an H&H Buxton auction in 2000. Block, crank, rods, and pistons were renewed in a recent $50k mechanical refurb, with no events since. Well presented, showing only minor cosmetic wear, with the numbered cockpit floor panels original. Cond: 1-. SOLD AT $243,165. The Brooklands history, plus its fine condition, were responsible for this strong valuation. That it was a genuinely historic MG helped, too. TOP 10 No. 8 #69-1951 PEIRCE-MG F2 single seater. S/N MGF2. Light blue/tan. The final spaceframed MG Special constructed by Harry Peirce of Johannesburg, South Africa. Came to Europe in 1988, then was restored in the 1990s. Much retro-evented since. XPAG-based trunk badge missing. The interior is all present, though dirty. Engine does not run, and the brake pedal is on the floor. Cond: 3-. SOLD AT $12,754. The 140 is often the least valued of the XK fixed-head variants. This example was valued on condition alone. The money paid here was plenty for a project that will certainly require deep pockets even to create a driver. #15-1956 JAGUAR XK 140 Competition 1,350-cc motor rebuilt in 2004, and last raced at Oulton Park in 2005. Acceptable and minor cosmetic wear to the paint, cockpit, and mechanical items. Cond: 2-. SOLD AT $93,525. This price fell within the pre-sale estimates, and the buyer got himself a relatively inexpensive entry into Historic GP racing. Nicely done. #30-1955 MG TF 1500 roadster. S/N HDE138809. Eng. # XPEG2693. Green metallic/beige/beige. RHD. Odo: 122 miles. Always a home market car. Body-off rebuild around 2000, with renewed ash frame, panels, trim, fhc. S/N S804840. Eng. # G97188F. British Racing Green/Sage Green. RHD. Odo: 32,044 miles. Due to its racing Reverend Fellingham ownership in the late '70s, it's known in U.K. XK circles as the “Vicar's Car.” Bumperless, hood with louvers and straps, large Monza filler cap, wood-rim wheel. Fitted with a 3.8liter engine, set further back in the chassis. #49-1955 JAGUAR XK 140 fhc. S/N A804291. Eng. # G43948. Old English White/blue. RHD. Body repainted and seats re-Connollised in the 1970s. Last saw a road in 1980, when it was then dry-stored. The chassis is apparently solid enough, with some panel rust below the chipped, matte paint. Bumper chrome is shot, with one rear over-rider and sharp paint and chrome. Engine and exposed front chassis and suspension are clean. Jack and unused knock-off wheel hammer are correctly affixed to the bulkhead. Retrimmed interior is only lightly worn. Cond: 1-. SOLD AT $63,597. Despite its non-standard hood, but perhaps because of the nice resto that is just now developing a fine patina, this Mk III made retail money. Worth it. #32-1958 AUSTIN-HEALEY 100-6 Competition roadster. S/N DN6532. Eng. # 26DR01811. Red/white HT/red & white. RHD. Odo: 3,877 miles. Ex-press demo car. Also the hero car in “School for Scoundrels.” Tenth place finish at the Guards 1000 Miles of Brands Hatch in 1965. Extensively refurbished some years ago. Today has a 3000 motor on triple Webers, with side vents in the front fenders. Sebring straight-cut box, later-type front #16-1958 ASTON MARTIN DB Mk III coupe. S/N 30031529. Eng. # JM15134. Maroon/gray. RHD. Odo: 40,500 miles. DB4-like hood scoop, but no vent in front of windshield. Ground-up resto during the 1990s, which included an engine rebuild. Used sparingly since. Panels and fit are exemplary, with and weather equipment. Mileage is likely since the resto. Panel fit, paint, chrome, leather, and hood are all unmarked. Great color combo and chrome wires. MGCC badge on bar. Super. Cond: 1. SOLD AT $40,217. For 1955 only, 102 Rebuilt and rally-prepped in 1999-2000, and fitted with a half-cage, on/off master switches inside and out, fire system, and navigator's footrest. Straight and tidy, with only minor marks to paint and interior. Too far modified to easily return to stock. Cond: 2-. SOLD AT $42,630. Though sporting a large fabric sunroof, this much modded and semi-notorious racer attracted enough to change hands. A 120 or 150 can command more, but the fun factor here was high indeed. disc brakes, works-style color scheme. No bumpers. Paint is only fair, with correct 100-6 grille, oil cooler vent in the front apron, leather hood straps, and chrome wires. Ancient leather seats are very used. Cond: 2-. NOT SOLD AT $57,420. This Big Healey, a stripped-out 1006 rather than a genuine ex-works 3000, was neither sufficiently historic nor cosmetically sharp enough to warrant the $70k or more being sought. This bid seemed enough. #38-1959 JAGUAR XK 150 SE fhc. S/N S825062. Eng. # VA12668. British Racing Green/Sage Green leather. RHD. Odo: 81,279 miles. Originally an SE fitted with the 3.8liter six, it was one of 656 such fixed heads. An engine swap in 1964 saw it gain a 3.4-liter unit with C-type head. Treated to an $87k resto in 1999-2000 when said engine was rebuilt. The car presents well, with the paint only Sports Car Market

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1964 Alfa Romeo Guilia SS 1948 Allard 1957 Buick 1957 Cadillac 1948 Delahaye 1953 Muntz 1963 Jaguar XKE 1938 Packard 1938 Packard Super 8 1927 Rolls Royce 1927 Essex Speedabout 1939 Bugatti Type 57C

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H&H Classic Auctions Gloucestershire, U.K. Column Author globe finishers. Cosmetically as-new. Cond: 1. SOLD AT $23,382. This little TR showed exceptionally well. Plenty of pre-sale interest resulted in a strong price, just more than the top estimate. Well sold. #71-1965 FORD-LOTUS CORTINA Mk lightly polish-scratched and most brightwork bright, though the windshield surround is pitted. Healthy, attractive leather inside. Cond: 2. SOLD AT $45,828. Some minor cosmetic issues kept this one from bringing too much more, despite the seller's hopes otherwise. As presented, it was correctly valued. #36-1962 ASTON MARTIN DB4 coupe. S/N DB4811R. Eng. # 370845. Dark blue/red. RHD. Odo: 15,765 miles. The accompanying history file supported the low mileage figure. Straight panels with a clean, recent-ish repaint. Some masking evidence along the rear side window bases. Bumpers are freshly rechromed. I 2-door hard top. S/N 59043. Eng. # SA12. Ermine White & Sherwood Green/black. RHD. Odo: 12,746 miles. A numbers-matching Airflow car. A-frame rear end with coil springs and braced axle; LSD in alloy differential casing is all intact. Last rebuilt in 1992 to periodcorrect standard specs, right down to “Lotus marketed as the McLaren-Elva Mk 3. Just 25 were constructed for use as McLaren's CanAm customer cars, though they were no match for the factory M6As raced by Bruce McLaren and Denny Hulme. This one missed the mark by about ten grand. Hard to price, and thus hard to sell. But given the tip-top shape of this example, I'd say the vendor was wise. TOP 10 No. 6 Wins 1965 Indy” badge on the console. Clearly little used and carefully stored since the work was done. The shell is rot-free, with only minor marks to the paint and chrome. Cond: 1-. SOLD AT $28,058. A street-spec Cortina Twin Cam, albeit a very nice one. Strong money—perhaps a bit too strong—but no one got hurt here. #48-1965 LOTUS ELAN S3 Prototype Passenger side B-pillar trim is dinged. The original interior is grubby. Twin SU-fuelled engine presentation is only fair. Both bulkhead and trunk are in need of a makeover. Cond: 3+. NOT SOLD AT $93,960. This should have been enough. The seller's hope of landing $120,000 was over-ambitious. From afar, this car certainly looked worthy of the figure. But up close, both the paintwork and engine bay disappointed. #43-1962 TRIUMPH TR3B Competition roadster. S/N TCF1886L. Eng. # TCF1882E. Old English White/red. RHD. Odo: 1,085 miles. Converted from LHD to RHD during an extensive rebuild by a TR specialist in the late 1990s. Engine rebuild with mods, competition coupe. S/N 264915. Eng. # LP8651LBA. Medici Blue/black. RHD. Odo: 35,549 miles. The S3 prototype and press car, with electric windows and a larger trunk. Employed for launch photography with Colin Chapman himself, including factory demos, road tests, #29-1968 BRABHAM-REPCO BT31 Formula One single seater. S/N BT3101. Eng. # 53. Blue & yellow/black. Driven by Jack Brabham to 3rd in the 1969 Sandown Park Tasman race; 1st in Bathhurst 100. Was the Repco exhibit at the 1970 Tokyo Trade Fair. Expensive restoration and race-prep prior to much retro-race success by Aussie Bib Stillwell during the 1990s. Only occasionally exercised in recent seasons, though meticulously maintained. Few marks to the paint or plating. Fuel-injected 3-liter Repco V8, and a means of transportation for Lotus sales director Graham Arnold. Restored to 100-point standard in 2002 and in dehumidified storage since, it is still razor-sharp in and out. Cond: 1. SOLD AT $41,151. Great history and super condition. Elans do not come much better than this one, and the new owner paid that premium. But now that it's yours, would you dare subject it to overhead birds or road tar or gravel? The previous owner didn't. #59-1967 MCLAREN M1C race car. suspension, and alloy gas tank in 2000. Woodrim wheel, two aero-screens, one speed mirror, Monza filler cap, rack on trunk lid, ye olde steel wheels rather than wires, unusual Triumph 104 S/N M1C674004. Eng. # CAS1004. Red/ black. RHD. Much late-1960s and mid-1970s privateer race history on file. More recently hillclimbed in the Historics category. Fuel-injected 5.7-liter Ford V8, Hewland DG 5-speed. Fresh $68k Hardy Hall restoration, including a full chassis refurb, suspension renewal, rewire, and repaint. Cosmetically very nice indeed. Circuit spares are included. Cond: 2+. NOT SOLD AT $147,900. In the States, these were transmission, and suspension all present well. Stormed up Shelsley Walsh with no problems during the 2005 Centenary meeting. Cond: 2+. SOLD AT $174,000. Sir Jack Brabham won his third World Championship in 1966 in the Repco-powered BT19. Teammate Denny Hulme followed that in ‘67 with the BT20. The pair had no such luck in ‘68, as the newest Repco V8 proved fragile over a race distance, and the mighty Cosworth DFV came into its own. This BT31, a largely unsuccessful car in period, made correct money here, and will surely be a good ride in historic GP racing. #53-1971 MCLAREN M6B GT Recreation coupe. S/N R5034. Eng. # C50004. Red/tan. RHD. An accurate, street-legal re-creation on a genuine M6B chassis sourced from the U.S. Powered by a 5.7-liter Chevy V8, with a ZF 5speed, unusual 16-inch rims all round, and circular rear lights. Completed in the mid-1990s. Freshly repainted to a high level. Interior retrim is generally unmarked, though the driver's seat leather is slightly grubby. Engine and bay are clean. Cond: 1-. NOT SOLD AT $87,000. This should have been enough to buy a good- Sports Car Market

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Column Author H&H Classic Auctions Gloucestershire, U.K. looking for something in the area of $435k, far too much, in this reporter's opinion. Yes, it has Mansell history. And yes, the story of its reconfiguration to comply with the rules is an interesting one. And sure, that JPS livery is attractive. But the crowd here just wasn't willing to shell out that kind of money for what is basically a Lotus F1 footnote. #25-1981 MARCH-FORD 811 Formula looking M6B rep on a real chassis. It still would have been a fairly inexpensive entry into the club called: “My commuter is weirder than yours.” #58-1978 LOTUS ESPRIT JPS Commemorative coupe. S/N 78100461G. Eng. # 907780915417. JPS black & gold/black & cream. RHD. Odo: 1,590 miles. Believed to have been the 1978 London Motor Show car presented to works race driver Mario Andretti. Six-year, down-to-the-chassis resto completed One single seater. S/N 5. Black/black. A perennial backmarker raced with no success in 1981 by Irishman Derek Daly. Returned to F1-spec in the late 1990s. Competed in eight Thoroughbred GP rounds since 2001. Shortstroke Nicholson McLaren-prepped DFV 3-liter V8 fitted in 2004. Cosmetically marked #33a-1985 EMKA-ASTON MARTIN GROUP C racer. S/N N/A. Blue & white/ black. RHD. Pink Floyd manager Steve O'Rourke's 1985 Le Mans car, built up from a 1983 racer and still sporting its period Dow Corning livery. Genuinely historic. Campaigned in Historic Group C/GTP category during recent seasons. Event-worn appearance, though likely to be mechanically sound in the mid-1990s. Inevitable blemishes to the largely black paintwork. Windshield is wiperblade marked. Retrim is very clean. Alloys are freshly repainted. Cond: 2+. SOLD AT $33,669. This was generous money for a nonturbocharged Esprit, even an extensively renovated Motor Show car in John Player Special hue and with Andretti provenance. #62-1981 LOTUS 87 Formula One single seater. S/N 874. JPS black & gold/black. Formerly S/N 88/B4, it was deemed non-compliant by race scrutineers in period, then reworked by Lotus to its current S/N 87/4. Driven in four GP by Nigel Mansell. Rebuilt in 2000 for the Thoroughbred GP series, the Cosworth DFV was last rebuilt in 2003. Presents well in authentic JPS/Tissot livery, with minor event wear to panels, paint, and interior. Powertrain throughout, including the alloys. Mechanical components present well. Cond: 2. NOT SOLD AT $126,150. March was never a serious player in F1. In fact, if the 1981 Lotus 87 (lot 62) was a Lotus footnote, then surely this dog can only be considered a racing footnote. This should have been enough for what can only be regarded as a practical proposition for entry into current Thoroughbred GP. #33b-1983 EMKA-ASTON MARTIN GROUP C Recreation racer. S/N C831. Eng. # MC01. Red/black. RHD. A recreation racer claimed to have been built from spare parts from a 1983 car, and with 1985 rear bodywork. Presented in 1983 Le Mans Hawaiian Tropic livery. Historic Group C/GTP regular. Complete, with much race wear to body sections and paint. Likely to be race-ready without work in 2003, with suspension components and tires also renewed then. Truly disappointing in the plastic! No damage, but dull bodywork in need of a repaint. Really grotty and unloved underhood. Original interior is grubby. Cond: 3. SOLD AT $11,691. Deservedly cheap, though it might respond well to a little care and feeding. Surprising the driver's seat wasn't as tired as it could have been, given Marshall's sizable frame. is clean. Crack testing certificates will need to be renewed before further formal action. Cond: 2. NOT SOLD AT $348,000. The vendor was 106 much fuss, but still a replica. Cond: 2-. NOT SOLD AT $252,300. Ambitiously forecast to achieve $313k to $348k for the pair, these racers might perhaps have fared better if they had been auctioned separately. Reserves of $180,000 and $80,000, respectively, would not have been out of line. FRENCH TOP 10 No. 2 #42-1971 MATRA MS120B Formula One single seater. S/N 005. French Racing Blue & white/black. The 1971 mount of Matra team leader Jean-Pierre Beltoise, with a top result of 6th at that year's Sports Car Market and on-the-button. Cond: 2-. NOT SOLD AT $252,300. Auctioned as a double lot with a second EMKA-Aston. Along with Nick Mason and David Gilmour, O'Rourke was a third man with Pink Floyd associations who took up racing, particularly at Le Mans. His small stable of Astons fared well at the June event, with this car coming home 11th overall in 1985, the first British car across the line. #20-1992 TVR GRIFFITH roadster. S/N 011709. French Racing Blue/blue/light gray leather. RHD. Odo: 9,905 miles. One of four cars from the estate of the late U.K. touring car racer, Gerry Marshall. Large-bore exhaust added in 1999. Claimed engine and gearbox

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Recent Il Biscione sales on eBay. by Geoff Archer Spanish GP. Museum displayed as-raced until the vendor acquired it at a 1997 Brooks Monaco auction. Subsequently restored by ex-Matra wrench Gerard Berthelon with the engine rebuilt by Pride Engineering. Cosmetically perfect and, having been freshly fettled by ace historic racer Martin Stretton, likely to be on the button and competitive. Cond: 1. SOLD AT $391,500. When you checked out this well-detailed historic Frog racer, you could understand why H&H and its client considered it to be worth at least $470k. And in light of the $435k Bonhams got for a similar Matra racer in Monaco in 2005 (SCM# 38535), I'd say the estimate was fair. ITALIAN BEST BUY #7-1986 FERRARI 412I coupe. S/N 62661. Eng. # 00123. Red/magnolia. RHD. Odo: 87,500 miles. One of 55 RHD with an automatic. Previously owned by a former Lord Mayor of London. During his ownership, restorative work was done to the chassis, wiring, Bolton. Much subsequent period success as a Willment Team car. Claimed to have its original chassis, albeit re-aligned by marque specialist Brian Angliss, with a replacement front A-frame delcared. Engine much rebuilt, and now on Webers. Evented in recent years at the Goodwood Revival, Historic Le Mans and Tour Auto. Fender-top dents and minor marks to the paint. Rear window plastic is very scratched. Wheels are scruffy, and the old lowback bucket leather is color-rubbed but soft. Cond: 2. NOT SOLD AT $1,087,500. Though the seller was hoping for a figure in the neighborhood of $1.2m to $1.4m, this was as close as it came on the block. After much negotiation post-block, concerned parties were still unable to reach a compromise. The Willment Cobra is therefore still on the market. TOP 10 No. 1 #47-1969 FORD GT40 coupe. S/N GT40P1089. Willment Red & White/ black. RHD. Odo: 1,941 miles. The last sanctioned GT40 from the original John Willment Automotive allocation of 100 cars. Never assembled at the end of the 1969 production run, it was built-up from its correct period #4627669863-1947 ALFA ROMEO 6C 2500 Freccia D'Oro sedan. S/N 916587. Eng. # 926952. Black/red leather. RHD. Odo: 65,000 miles. 8 photos. Los Angeles, CA. eBay user ital_speed has been buying and selling some of the coolest offbeat Alfas around. SCMers may remember him as the seller of the custom two-door and pickup truck Giulias (ALFA BITS, April 2006) that had me wanting to call him “The Giuliator.” Well, ital_speed is an SCMer himself (of course), and his real name is actually Dirk Stoehr. Dirk just bought himself another great Alfa sled. This black over red 1947 Freccia D'Oro (Golden Arrow) two-door sedan was originally purchased by prolific Hollywood director Howard Hawks while on a Roman holiday. For some reason, he shipped it home to the U.S. the very next day. The Golden Arrow's eBay seller bought it in 1973 as a and paintwork. Some chips, but the alloys are clean, and the original interior is very good. Cond: 2-. SOLD AT $14,964. The $17,400 lower estimate seemed a bit full for this one, so it was good the seller let it go at this price. A better deal for the buyer, unless it blows up on the drive home. AMERICAN #39-1963 SHELBY COBRA Competition roadster. S/N CSX2131. Willment Red & white/red & white HT/black. RHD. Odo: 20,217 miles. 289-ci V8, 4x2-bbl, 4-sp. An AC factory car, prepped by Carroll Shelby. Seventh overall and class winner at 1963 Le Mans, raced by Ninian Sanderson and Peter July 2006 107 parts by Bryan Wingfield in 1994. Mathwall Engineering prepped 302-ci V8 with Gurney Weslake heads. Clearly little-used, with only minor marks to paint and interior. Suspension and engine are clean but not concours. Cond: 2+. SOLD AT $514,388. Technically unsold on the block, this old new GT40 changed hands before the gavel had even cooled. Strong money for a post-period-assembled GT40.u workhorse to haul antique furniture. Shortly thereafter her brother “upgraded” it to what Dirk calls “its current 8C 5700 configuration.” For the uninitiated, that would be a 5.7-liter Corvette V8 and Turbo 400 transmission. The original Alfa 6C 2500 engine block was included in the sale, but fatally cracked. After sitting for quite some time, this tired, faded, slightly rusty sedan rates a solid #4. 18 bids, sf 82, bf 206. Cond: 4+. SOLD AT $33,000. Dirk says: “After a lot of time spent going over every inch of the car I decided to take the plunge. Especially after digging around their garage and finding the tranny, head, radiator, clutch assembly, and other bits and pieces. This Freccia is not exactly the ‘rust-free' car that was described; the rust I did find was minimal, however. I intend to bring it back to original. But while the search is on for a rebuildable block, I will push this Alfa hard. There is enough room under the hood for a high-rise intake. That, plus a 3500 stall converter will make it a sweet ride!” The short block and the restoration will undoubtedly be expensive, but you just can't put a price on the sort of entertainment value this car has already provided. Price paid was not only spot-on, but more importantly it was a deal that ital_speed “could not refuse.” u

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Potts Auction Company Dalton, GA Column Author 2nd Annual Southern Classic Neighbors and friends braved the weather to support those with cars on offer and, as one attendee said, “to see some hot rods” Company Potts Auction Company Date March 25, 2006 Location Dalton, GA Auctioneer Tony Watson and Denny Wilbanks Automotive lots sold / offered 28 / 63 Sales rate 44% Sales total $436,667 High sale 1935 Buick Series 60, sold at $68,900 Buyer's premium 6% (included in sold prices) One of the 63 cars that made it to the block, out of 150 expected Report and photos by Joe Severns Market opinions in italics Dalton, GA P otts Auction Company is no stranger to the auction scene, as they have specialized for the last 40 years in land and estate sales. More recently, brothers Rick and Jeff Potts ventured into collec- tor-car sales. In 2004, the company posted an 82% sales rate and $1.3m total when it sold off the 50-car collection of Frank Pierce. A year later, at its first “official” collectorcar auction, things went a bit differently, with just 26% of the lots selling for just over $500k. With those two sales in mind, Potts put on its 2nd Annual Southern Classic, held at the Northwest Georgia Trade Center. Nestled in the Appalachians, the setting was bucolic, with views overlooking the textile mills of tiny Dalton. And it was a friendly setting, too, as nearly everyone present knew everyone else, each of whom could spot an outsider (yours truly) from a mile away. With Mother Nature not getting the notice that spring had officially begun, the morning of the auction was quite cold. Attendance was poor, though neighbors and friends braved the brisk weather to support those with cars on offer and, as one attendee offered, “to see some hot rods.” Sellers and buyers numbered under 200, and though more than 150 cars were expected, just 63 showed up, a 108 disappointing figure for all involved. Most of the vehicles were American, and many of these were shade-tree refurbishments or restorations, with lots of go-fast goodies and metallic paint. A small number of Triumphs, Mercedes, and Jaguars were thrown in for good measure. It was quite evident early on in the proceedings that the Potts brothers were going to have a tough go of it, and that this year's effort would more closely reflect that of last year, rather than the windfall of 2004. A limited number of bidders made a limited number of bids, which resulted in a sale percentage of 44%. For those who did not want to suffer the block, there was a car corral behind the venue where owners could consign their cars directly, though it's not clear whether this method netted better results. European cars either didn't sell or sold for less than estimates, while some of the more mundane Detroit iron sold over estimate, a fact perhaps owing itself more to the preferences of this all-American crowd than the cars themselves. Rick, Jeff, and their staff of auctioneers and ground men worked hard to get a good sale going, but the crowd just couldn't be persuaded to buy. Which was too bad, as the brothers Potts have the infrastructure, the know-how, and the history to put on a terrific sale. u Sports Car Market

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Column Author BEST BUY Potts Auctions Dalton, GA ENGLISH #312-1971 JAGUAR XKE S III coupe. S/N 4850663. White/black leather. Odo: 79,698 miles. Decent panels and fit. Re-painted hood, with lots of orange peel. Pitted chrome everywhere. Decent wire wheels. RAC badge on rear bumper. Limo tinted back window. Dry rotted weatherstripping all around. Well-worn Connolly leather interior, with nice carpets. the stigma of being owned and driven by gold chain-wearing gas station owners. That said, there was good execution here, and if one must own a replicar, this one is OK. Silly money for a silly car, so the seller should consider this fair and move on. build a replica, then one should at least attempt to replicate the car in question. The removable roof is so big it has to be lifted off by crane. The Bugatti badge on the radiator is actually just a sticker, and it's crooked and off center at that. The fakest fake I've ever seen. GERMAN Cond: 3. SOLD AT $11,660. The lines of an Etype seem ageless, but you either love or hate the V12 cars. This was presented as nothing more than a used car, not the classic that it is. Well bought, below both the estimate and market by almost half. The new owner should drive it and enjoy it, as a restoration would be far too costly and any return would be nonexistent. #334-1974 TRIUMPH TR6 convertible. S/N CF170204. British Racing Green/tan canvas/tan vinyl. Odo: 19,053 miles. Restored in 1992, with two cars made into one. Mileage is inaccurate due to bad instrumentation. Excellent panel fit, with slightly dulled paint and lightly pitted chrome. Trunk and interior Cond: 1-. SOLD AT $7,526. One of the nicest bugs I have seen in some time. High-quality paint belies the fact the car was painted four hours before I inspected it. It didn't look like a quickie restoration for auction, even though all signs suggest it most likely is. If miles are true to the owner's claims, this car was a steal. But the value in this car is in the low mileage, and the modifications detract from it. Well bought. look new. Aftermarket a/c, Redline tires. Clean engine bay. Cond: 2-. SOLD AT $11,448. This was my dream car when I was in high school, and still has a place in my top 25. A proper British sports car with masculine looks (despite the awkward bumpers) and adequate power. The buyer did all right here, landing a good car at a good price. FRENCH #323-1925 BUGATTI TYPE 23 Replica phaeton. S/N DMV88920CA. Maroon/black/ black vinyl/maroon & black velour. Steel body and fiberglass fenders. Built on a 1979 Lincoln platform, and powered by a Ford 351 V8. Glass partition between driver and passengers, wire wheels, and dual side mount spares. Suicide doors and removable hard top. “Surround Sound” radio. Cond: 3-. SOLD AT $16,854. In my humble opinion, if one takes the time to 110 #324-1991 MERCEDES-BENZ 500K Replica convertible. S/N 4HMAA210M00007. White/black canvas/black leather. Odo: 8,760 miles. Factory built by Heritage Motors in 1991 on a Camaro chassis, and powered by a 350-ci V8. Wire wheels, suicide doors, dual spot lights, dual air horns. Some slightly pitted chrome. Damage to fiberglass on passenger for. Cond: 3. SOLD AT $11,130. I would call this “refurbished” rather than restored. Plenty of photos came with it, outlining the process. Needs a lot of TLC to be show worthy. As-is, it would still make a fine parade vehicle. The bid was enough. #303-1959 FORD GALAXIE Club Sedan. side door. Fake auto club badges on radiator grille. Cond: 2-. SOLD AT $20,882. I have no love for these replicas, and they still carry S/N H9AS198071. Turquoise & white/turquoise, white & gold vinyl. Odo: 32,247 miles. Continental kit, chrome fender skirts, factory a/c. Thin original paint has some surface rust. Complete original interior, replete with period plastic protective covers. Thunderbird V8, extra clean undercarriage. Engine bay shines from too much Armor All. Cond: 3+. SOLD AT $14,840. Sold at first go ‘round on the block for $14,200, but then the buyer backed out. Re-shown and re-sold at this price an hour Sports Car Market #302-1974 VOLKSWAGEN SUPER BEETLE coupe. S/N 1342037201. Blue/blue velour & vinyl. Odo: 9,513 miles. Dealer parts invoice with car shows that numerous seals, body panels, and interior parts were purchased same day as auction inspection. Very good panel fit, with great chrome and new paint that is still outgassing. Minilite wheels with new tires. Modified and well-detailed engine. AMERICAN #307-1935 BUICK SERIES 60 Resto-rod sedan. S/N 2802670. Maroon/maroon canvas/ beige leather. 402-ci V8, 4-bbl, auto. Pitted chrome on the taillights. Paint is marked in places, with painted-over rust bubbles on the driver's door. Aftermarket a/c and gauges. Billet steering wheel. Lots of chrome in engine department. Wire wheels and side mounts. Cond: 2-. SOLD AT $68,900. This looked like a thoughtful restoration, completed with lots of modern touches. Always tough to sell, and generally a much better deal for the buyer, hot rods really have to catch your attention. Someone really wanted this one, and he paid out big money to get it. #332-1946 CHEVROLET 1/2 TON pickup. S/N DBA537938. Kelly Green/black vinyl. Odo: 19,169 miles. Oak bed, body-on restoration to a mediocre standard. Panel fit is good. Chrome is pitted. Interior is well-cared

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Potts Auctions Dalton, GA later. New paint would make this a a good #2 car, though it might also prove to be cost prohibitive if you did it right. Winning bid was right on the money for this one. #351-1961 FORD ECONOLINE pickup. S/N G108H122889. Red/black vinyl. Decent panel fit. Faded red paint is buffed to within an inch of its life. Incorrect shade of red fingernail polish used for touch-ups. Chrome headlight bezels are hazed and door handles pitted. Some rust visible on bumpers. Poor fitting vinyl seat covers, with excellent red carpet. Aftermarket Wal-Mart CD player. Significant marks on center console/engine cover. Home bookshelf speakers mounted below rear window. Cond: 3-. SOLD AT $6,148. An excellent parts runner with ample room on the rear quarters for business signage. Sold here last year for $5,500 (SCM# 37880). Incorrect '67 Mustang GT wheel covers lend a sporty look, but the lowly I6 is hard pressed to back it up. A domestic alternative to the much-loved VW Transporter, for much less money. #326-1967 CHEVROLET NOVA SS 2-door hard top. S/N 116377W105386. Guards Red/black vinyl. 350-ci V8, 4-bbl, auto. Some orange peel to the paint, with excellent chrome. Interior vinyl is clean and well fitted, without any flaws. Rallye wheels with Redline tires. Multiple trophy winner at local events. Underhood has chrome on almost every sur- really worth restoring. Cond: 3-. SOLD AT $7,420. The poor paint and filthy interior say a lot about the life of this car. It just looks like no one ever took good care of it, though I can't say anyone ever beat it with a stick, either. Instead, it looks like basic transportation and nothing more, so I'll call it well sold. face. Cond: 2+. SOLD AT $31,800. In addition to the owner, the previous owner happened to be at the auction. Neither had any clue as to the car's originality or numbers. The most #341-1968 DODGE CORONET 500 convertible. Red/white canvas/white vinyl. 383-ci V8, 4-bbl, auto. Some runs in left rear quarter paint. Exterior chrome is good, but interior chrome is another story. The rest of the interior appears original but dirty. Aftermarket “pacer” insight I got from the current owner was this gem: “I just rub on it.” That's nice. History be damned, this was a good-looking car, and I'll call it fairly bought and sold. #318-1968 PLYMOUTH SATELLITE 2-door hard top. S/N RH23F8G226227. Black/black vinyl. Odo: 7,026 miles. 318-ci V8, 2-bbl, auto. Decent chrome, but the quickie repaint is rubbed thin in places, and scratched and marked throughout. Interior needs to be cleaned. Lots of problems on a car that isn't July 2006 111

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Potts Auctions Dalton, GA Column Author SOLD AT $19,610. A stunner, with a topnotch interior and near-perfect exterior. The crowd didn't seem to appreciate it as much as I did; perhaps the “little” 350 just isn't enough these days. As a result, it sold for much less than my pre-auction estimate. The buyer got a steal and the seller must still be crying. #315-1971 CHEVROLET CAMARO chrome wheels. Cond: 3+. SOLD AT $18,020. This Coronet looks to have been washed all its life, but not vacuumed. Beautiful resale red exterior helped to get top dollar for this one just before summer. Well bought. #328-1969 AMC AMX 500 2 door hard top. S/N A9C397X28054. Big Bad Green/ light brown leather. 390-ci V8, 4-bbl, auto. Recent repaint with some orange peel and fish eyes. Marked body stripes. Chrome is dented and hazy in places, with loose bits at hood's leading edge. Warped plastic reflectors at rear. Extensive engine mods and lots of chrome. Some oil on driver's side inside fender, evidence of a hasty cleaning. Excellent upholstery and carpets. Worn fake wood stickers on 2-door hard top. S/N 12487IN536625. Silver & black/black vinyl. Odo: 65,082 miles. 350-ci V8, 4-bbl, auto. An older restoration still holding up to a good standard. Non-numbers matching. Excellent paint, but marked and hazy chrome. Rear glass is delaminating. Some surface rust on engine chrome and intake. Blaupunkt vinyl. 340-ci V8, 4-bbl, auto. Exellent panel fit and rubber. Some glass delamination to windshield and back window. No trunk mat. Tachometer is loose and hanging by wires on the floor. Cond: 2-. SOLD AT $8,904. An eye-catching car with sharp paint. The auto transmission takes some value away, as does the fact that it's an emissions-strangled '72. But this was a nice car nonetheless, and I'd consider it well bought. #347-1976 CADILLAC ELDORADO convertible. S/N 6L67S6Q237654. Burgundy/ white canvas/red leather. Odo: 52,032 miles. 500-ci V8, 4-bbl, auto. Panel fit to 1976 Detroit standards. Crooked headlights. Rear bumper rubber is marked. Rot friendly bumper fillers are OK. Clean tinted windows. Original top and interior are dirty. A solid car with all accessories reported to work. Cond: 2. SOLD AT $18,974. The mid '70s Caddies were choked stereo. Cond: 2-. SOLD AT $12,826. A goodlooking car with a massive bark, which only increased the appeal here. Some pundits argue that the ‘71 design is one of the nicest. I have to say I agree, and the colors certainly worked in the car's favor, too. For a non Z/28, non RS, non SS car, this was well bought. #339-1972 CHEVROLET EL CAMINO console. Lots of chrome underhood. Cond: 2-. SOLD AT $30,210. The AMX 500 was a limited run of about 50 cars for the California Dealers Association. Modeled after the pace car for the Riverside 500 Indy car race, all were “Big Bad Green” with black stripes and came with an automatic transmission, leather, and a/c. An attention-getter and a strong runner for the right money. These cars seem to be picking up steam, and this one had all the right options. Buy it and go pick on the Go Mango 440 'Cuda down the block. #308-1970 CHEVROLET CHEVELLE Malibu 2-door hard top. S/N 136370A174826. Medium green & white/black vinyl/black vinyl. Odo: 29,034 miles. 350-ci V8, 4-bbl, auto. Frame-off restoration to a high standard. Excellent chrome, with some rock chips that have been repaired. Claimed matching-numbers with period-correct add-ons like Edelbrock air cleaner and valve covers. Exhaust has cheap extensions that jut out over five inches from the rear bumper. A very nice example. Cond: 2+. pickup. S/N 1C80T28699292. Red/black vinyl. Odo: 23,294. 350-ci V8, 4-bbl, auto. Claimed to be a true SS. So-so repaint, with light pitting in some chrome bits. Rallye wheels and knockoff clone hubcaps. Glass black paint underhood off by emissions controls, rendering that massive V8 a docile torque monster. This car appeared well taken care of, and is an excellent addition to the buyer's collection. And it's driveable to boot. An afternoon with a scrub brush will fix the dirty top and interior. The consignor actually bought it pre-auction for $12k, then put it across the block five hours later for this healthy little profit. Fair money turned into easy money. #338-1987 CHEVROLET MONTE CARLO SS Aero Coupe. S/N 1GIG211G5HP112276. Black/maroon velour. Odo: 51,756. Rare Aero Coupe with a fastback rear window. T-tops, non-correct steel Rallye wheels. Paint has been buffed so hard it is rubbed bare on edges and creases. Stripe kit shows lots of dust. A driver and nothing more. Cond: 3-. SOLD AT $6,466. Looks like this one got a mild refurbishing, and now the buyer is getting out before it costs him a fortune. This seemed a fair deal, so buyer and seller should be content with the outcome. #325-1972 PLYMOUTH DUSTER 2-door hard top. S/N VL2962B149077. Green/black is marked. Interior is very rough, with dirt, grease, oil, and tears everywhere. Looks to be a very high-mileage car at the end of its life. Cond: 4. SOLD AT $6,890. I wouldn't drive this car to my next-door neighbor's house for fear that it wouldn't make it there. Rare as it is, it has been driven to death and not cared for. The money spent here was too much. Seller should be doing the moon walk.u 112 Sports Car Market

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Silver Auctions Portland, OR Column Author Portland Spring Collector Car Auction The Vanden Plas represented a decent buy on commuter car far more interesting than a similarly priced new Civic Company Silver Auctions Date March 25, 2006 Location Portland, OR Auctioneer Mitch Silver and Bob Graham Automotive lots sold / offered 49 / 98 Sales rate 50% Sales total $509,860 High sale 1957 Chevrolet Bel Air, sold at $29,680 Buyer's premium Buyer's premium: 6% (included in sold prices) Mitch Silver works the room for this 1970 Camaro, which went for $15,052 Report and photos by Stefan Lombard, Dave Stewart, and Cathy Griffis Market opinions in italics Portland, OR T he Portland Convention Center once again played host to the Spring edition of Silver's twice-yearly stop in the Rose City. And once again, the cars that filled Hall D came in nearly every shape and size, from a wide variety of manufacturers. With just under a hundred consignments, the venue provided plenty of space for each car. More importantly, perhaps, it gave local motorheads an excuse to go kick some tires on a drizzly Saturday morning. A handful of the SCM gang made it out as well, including Editor Martin. SCM is headed in new media directions, and to this end Martin walked the floor inspecting select cars, relating their attributes, foibles, and current market appeal for the camera. In all, he examined a 1967 Chevrolet Impala, a 1967 Amphicar 770, a 1963 Corvette convertible, and a 1958 BMW Isetta, and a you can watch all four video podcasts at www.sportscarmarket.com/podcasts. Silver's sales typically have an American bent, and this one was no different. But unlike its October sale, and even last year's spring sale, the mix of European marques seemed greater this time around. These included a snazzy little Fiat 600 done up to Abarth specs. A rare but welcome sight in these parts, it was snapped up for a decent $6,042. A quartet of Jags also found new homes, with a 2000 XJ8 topping them all 114 at $22,684. A good #2 condition Vanden Plas still under warranty, it represented a decent buy on commuter far more interesting than a similarly priced new Civic. And the odd duck award went to a Citroen DS21 wagon. All sorts of primer and tan, but with fully working hydraulics, it became someone else's new project for $5,512. Not surprisingly, most of the money here seemed to go to domestic iron, with a fully restored 1957 Chevrolet Bel Air making top sale at $29,680. A variation on the GT350 H theme saw a 1965 Mustang fastback in black and slightly off-color gold—and with plenty of modern updates—go for $26,765. One notable no-sale was the Amphicar. Since a good #2 condition model brought a crazy $124k in January, these odd little ferries have been coming out of the woodwork. This example, not quite up to snuff, failed on the block at $39,000, no doubt a victim of an over-optimistic reserve. With a 50% sales rate and $510k in total sales, the event represented a good-sized boost from last spring's 34% and $335k. Silver's Portland stops are always an enjoyable way to shop for cars, and we at SCM always look forward to them. Those of us who manned the booth enjoyed talking shop with all of you, and we look forward to seeing you when Mitch and crew roll through again in the fall.u Sports Car Market

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Column Author Silver Auctions Portland, OR ENGLISH #57-1956 AUSTIN A90 WESTMINSTER sedan. S/N 018907. Eng. # B54L21064. Silver/black. Odo: 2,019 miles. Fresh paint, upholstery, and carpeting can barely disguise the plethora of problems here. Some evidence of rust and filler. All four doors and the hood require excessive force to shut. Dull, flat black paint in engine compartment over many Cond: 4-. SOLD AT $5,512. For the collector that thought he had everything. Leave it as is and get maximum stare value, or restore it until you're so financially upside down and inside out you don't know which way is up. GERMAN #55-1967 AMPHICAR 770 convertible. some wear. Dash, console and all instruments look to have been taken care of. Clean, original engine, with a maze of emissions control equipment. Random drips underneath. Cond: 3+. NOT SOLD AT $11,000. These big coupes tend to suffer from any regular lack of use. This was a nice, unrestored, low-mileage example. Rare with the V12, it would probably need some sorting to get it right, but not much. The seller was wise to hold onto it. #81-2000 JAGUAR XJ8 Vanden Plas blemishes. No trunk gasket. Left front tire is cracked. Cond: 4. NOT SOLD AT $5,300. From 20 feet away, this was a nice, cute car in an Elmer Fudd sort of way. And the 3-liter six should make it faster than most small British sedans of this vintage. However, what lurks beneath the fresh stuff is likely a long and expensive list of problems. #10130-1961 AUSTIN-HEALEY 3000 Mk I roadster. S/N HBT7L13080. Eng. # 29DRUH22157. Black & red/black/black & red. Odo: 48,019 miles. Originally an export to France. Recently repainted to a good level, with new interior installed as well. Balance of the car is unrestored, with no evidence of rust. Door alignment is off. Cracked windshield. Gauges and switches are aged, and the steering wheel is cracked. Missing heater, duct work, and bumper overriders. Unrestored factory hard sedan. S/N SAJDA24C9YLF18556. Silver/ black leather. Odo: 29,940 miles. Loaded with every option, and still under warranty. No visible scratches to body paint, though front fascia shows many small chips. Looks to have been kept outside. Good glass. Half-inch tear to the S/N 106523019. White/black/white & red. Odo: 286 miles. Twin screws, hydraulic transfer case. Scratches throughout to the paint. Brightwork is not so bright. The SCM Bondo detector fell off in a few places. Upholstery is soiled and tired. Cond: 4. NOT SOLD AT $39,000. The engine in these odd machines is a German-built unit based on a Coventry design. This car could use a total resto. The recent $124k sale at Barrett-Jackson of a similar car shone a new light on these amphibious hybrids. Unfortunately for this example, the light brought out all the flaws. The seller was looking for at least another $10k more, but this wasn't the car to do it. driver's seat. Could use a thorough detail. Cond: 3+. SOLD AT $22,684. This price was just about what I'd expect from a Vanden Plas in luxo-commuter shape. Not as sought-after (if that's the right term) as the supercharged version, but certainly a nice way to get around. And for the price of a new Honda Civic. A fivehour detail would do magic for this car. FRENCH #22-1967 CITROËN D21 station wagon. top included. Cond: 3-. SOLD AT $18,126. This appeared to be a solid, rust-free car with a restoration underway. Plenty of work left to get it to #2 condition. Healey prices—up and down as they are—tend to reward the finer examples, while marque enthusiasts tend not to bother with incorrect heaps that need it all. This one fell somewhere in between. For what was paid, the buyer should be able to spend another $15k and come out of this with a good #2, with a factory hard top, no less. Fair deal. #10110-1976 JAGUAR XJ12C coupe. S/N NG2G50721BW. Olive green/black vinyl/black leather. Odo: 50,345 miles. Mileage claimed to be correct. Good gaps at doors, hood, and trunk. Paint and vinyl top look nice, with no serious flaws. Leather seats are good, but show 116 S/N 3556433. Two-tone primer/brown vinyl. Odo: 69,540. A running project, with working hydraulics. Seems complete, with plenty of spare parts stacked in the cargo area, including the side-facing jump seats. Comes with jack and tow ball. Ticks at idle, though it was driven 180 miles from Seattle for the sale, a trip the seller says “got a lot of attention.” hard top locks into place. Good rubber seals, but old window felts. Decent original interior, with stress marks to both seats. Faded dash wood. Sony XM stereo. Cond: 3. NOT SOLD AT $22,500. We've seen some fairly obnoxious prices recently on a few of these cars. Try $66k for a #2 example at Gooding's Palm Beach sale. This car, a good driver from most angles, deserved a few thousand more. The auto transmission is no help, but the hard top is, so the seller was wise to walk away. #26-1984 MERCEDES-BENZ 380SL convertible. S/N WDBBA45AA1EA001527. Blue metallic/blue HT, black ST/tan leather. Sports Car Market #46-1969 MERCEDES-BENZ 280SL convertible. S/N 11304412004573. Dark green/dark green HT, black ST/tan leather. Odo: 58,027 miles. Older paint shows well, with light scratches and swirls throughout. Three silver-dollar-sized bubbles on right rear wheel arch. Excellent front bumper, though rear is cloudy and pitted, along with most other trim. Some heavy scratches in stainless where

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Silver Auctions Portland, OR Odo: 195,040 miles. Minor imperfections and swirl scratches throughout the paint, with a few touch-ups at trunk shut lines. Small tar droplets on left front fender. Bumpers show light scratches, with doortop trim heavily scratched. Cracked and dry gaskets overall. Excellent new upholstery. Steering wheel is slightly faded. Tidy engine. Cond: 2-. SOLD AT $6,625. Consigned by a local dealer. Scratched brightwork seemed to be this car's only real blight, but it didn't take away from the overall look. High miles, but it looked to have been taken care of during the journey. The price fell in line with the market for these cars, so I'd say it was a fair deal for all. #14-1999 PORSCHE 911 coupe. S/N WPOAA2999XS622352. Silver/black. Odo: 43,225 miles. Printed at the bottom of the car card: “Previous damage in Nevada.” A standard 996 model fitted with a factory GT3 aero kit and badges. Nice paint, with two small chips at both front fender edges above the headlights. Three-inch scratch on right rear fender. Rocker panel trim on both sides has dozens of small stones trapped against the body. Nice interior, with some stitching loose on driver's seat. Chapped leather wheel. Cond: 2-. NOT SOLD AT $28,000. I'd be a bit nervous about that damage disclaimer, as there was nothing else present to detail or define it. The GT3 kit looked good from ten feet, but the small quarry accumulating in the trim also made me nervous. There is no shortage of 996s out there, many of which come with no stories or pebbles. Bidders were wise to pass on this one. ITALIAN #39-1959 FIAT 600 coupe. S/N 530741. Light green & green metallic/gray cloth. Odo: 19,476 miles. Abarth alloys, 4-wheel discs. Attractive paint scheme, with drips at the hood's trailing edge and metallic chips off the exterior door hinges. General nicks throughout. Good interior, though the headliner is saggy and unglued in places. All gaskets are shot. Dirty, tiny engine, with engine cover permanently mounted open. Cond: 3. SOLD AT $6,042. Not stock, but not a full Abarth car either, this was a cute little hot rod Fiat, and perfect as a driver. This wasn't the type of sale where I would expect this car to sell, but it did, and for decent money at that. SWEDISH #44-1972 VOLVO P1800ES wagon. S/N 1836363001238. Red/black vinyl. Odo: 14,949 miles. Mileage likely since flipped odo. Entire car is dirty and rain-spotted. Perfect Swedish gaps. Orange peel and slight waves throughout the dulled paint. Cloudy bumper chrome, with all other trim scratched. Decent gaskets. Driver's door top trim is loose. Old, tired July 2006 117

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Silver Auctions Portland, OR Column Author original. Cond: 3-. NOT SOLD AT $20,000. This was an appealing car, presented in mostly original condition, including the spare tire. With its Special Super Turbo-Thrust V8 putting out 350 hp, it's easy to imagine lighting up those Moroso drag tires at the track. It's also easy to imagine the abuse that engine took over time. A time warp car, but without much competition documentation. Worth more than the bid, so the seller was smart to keep it. interior, with cracked steering wheel and sun-faded cargo area. Cond: 3-. NOT SOLD AT $4,300. This was a tired car cosmetically, though it seemed to run as well as old Volvos tend to run. As a driver for a University of Oregon student, it's flawless. As a collectible, not so much. Given the condition, I can't imagine the bid missed by much. Perahps another $500 would have done it. AMERICAN #58-1957 CHEVROLET BEL AIR Resto- mod station wagon. S/N VB57L169819. Silver/bone/black & white vinyl. Odo: 36,047 miles. 383-ci V8, 4-bbl, 4-sp. Body appears straight, with good paint and new or replated chrome. Some original brightwork shows a light patina, with surface scratches. Inside is new and non-stock, but clean and well fitted. Cond: 2-. SOLD AT $23,320. Your basic Bel Air hot rod, wagon-style. Plenty of aftermarket mods, including tons of chrome in the engine bay. This car had a good look to it, and obviously it got someone's eye. The money paid probably doesn't get close to what the seller had in it, so I'd call it well bought. #42-1961 CHEVROLET BISCAYNE 2- door hard top. S/N 11111L188133. Seafoam green/gray cloth. Odo: 98,281 miles. 348-ci V8, 3x2-bbl, 4-sp. A former drag racer sponsored by Fields Chevy in Portland. Claimed factory original tube frame. Power steering and brakes, radio and heater delete. Original dog dish hub caps. Dull, faded original paint, with cracks and scratches, and rubbed to metal at high points. Original chrome and glass are cloudy, with windshield wiper-scratched. Light rust inside trunk lid. Nice interior is dusty, smells stainless trim, especially at windshield surround. Torn driver's seat, dirty carpets, and crazed gauge faces. Small diameter aftermarket steering wheel. Cond: 3-. NOT SOLD AT $32,500. This car did have a tough look to it, until you got close. Then it was just tough to look at. Some photos of the restoration were provided, but all showed the car in the same stage—a rolling chassis. Numerous issues—all of them easy to spot—meant that serious 'Vette people steered clear of this one. #10120-1965 SHELBY GT350 H Clone fastback. S/N 5R09C180866. Black & gold/ black. Odo: 14,529 miles. 289-ci V8, 4-bbl, auto. Labeled incorrectly as a “Hurst Clone.” Cobra valve covers, braided hoses, Shelby suspension, 4-wheel disc brakes, halogen lamps, Kenwood stereo, roll bar. Good paint, with nice stripes in a hue more orange than the original Hertz cars. A few chips around the windshield, and minor overspray on front cowl vents. Light pitting in the front bumper. is shot, torn, faded, and abused everywhere. Cond: 4. NOT SOLD AT $18,000. More zits than a teenager. The engine wasn't available for display, though I can't imagine it could possibly be in better shape than the rest of the car. Weak cosmetics, weak upolstery, anemic engine. The seller should have taken this money and run. And the high bidder would have kicked himself later if that had happened. #59-1972 CHEVROLET CAMARO Z/28 coupe. S/N 1Q87L2N157554. Silver & black/ black vinyl. Odo: 5,190 miles. 350-ci V8, 4bbl, 4-sp. Mileage likely since the restoration. A few paint flaws above the side windows, but nice otherwise, and in the original color. Good stripes. Decent chrome, with light pitting on the front bumper. Interior is clean enough, with dusty seat seams and some wandering stitches in the headliner. Good engine bay, with #28-1963 CHEVROLET CORVETTE convertible. S/N 30867S111640. Red/black vinyl. Odo: 41,001 miles. 327/300, 4-bbl, 4-sp. Previous barn find. Cheap resale red, with bad masking, overspray, and plenty of small flaws. Front bumper removed “for a tougher look.” Cloudy 'Vette filler lid, with some pitting to rear bumper chrome, and lots of scratches to a GT350. A resto-mod that falls somewhere in between, and does an okay job of it. Someone took great care to create this car, although the signs of some cut corners were there, most noticeably in the hard-to-get-at wing gaskets. At this price, it sold for about the cost of a decent Mustang. And if the buyer felt the new bits only added to the look, then he did alright. #16-1972 CHEVROLET CORVETTE convertible. S/N 1Z67KS502065. Green metallic/black vinyl. Odo: 42,773 miles. 350/200, auto. Several scratches, nicks, and cuts in the paint, all touched-up up poorly and in great globs. Right rear fender is especially nasty. Dull chrome, with at least one scratch on every piece. Marred sill trim on both sides. Interior Right door leading edge sits out. Cracked wind wing rubber. Decent non-stock interior, with nice machined binnacle. Cond: 3+. SOLD AT $26,765. Not quite a Mustang, and not nearly 118 rebuilt original engine. Cond: 2-. SOLD AT $24,592. Most collectors seem to forget that Chevy still made Z/28s after 1971. Choked like every other car by emission regulations, they weren't nearly as exciting, but they were out there. This car was presented well, with a few cut corners, but nothing too serious. Someone liked it enough to pay good change, especially when compared to the two 1970 Camaros at the sale, neither of which came within $10k of this result. Well sold.u Sports Car Market

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Column Author MidAmerica Auctions Maplewood, MN 18th Annual Motorcycle Auction & Swap Meet Mother Nature cooperated on auction day, with sunshine and warmth to replace the light drizzle of the Friday preview Company MidAmerica Auctions Date April 1, 2006 Location Maplewood, MN Auctioneer Todd Fistner and Dave Talberg Automotive lots sold / offered 109 / 150 Sales rate 73% Sales total $437,151 High sale 1958 BSA Gold Star Model DBD 34, sold at $21,518 Buyer's premium 6% (included in sold prices) This 1924 Harley sold well at $17,172 Report and photos by B. Mitchell Carlson Market opinions in italics H St. Paul, MN 120 eld on April Fool's Day, MidAmerica's 18th Annual Motorcycle Auction in the Twin Cities proved to be anything but foolhardy. The group has used this venue—Aldrich Arena, in the St. Paul suburb of Maplewood—for nearly a decade. That familiarity, plus their experience with bike-only sales, meant the event practically ran itself. Indeed, the experienced staff ran all 150 bikes in just about six hours. Assistance came from the local chapter of the Antique Motorcycle Club of America, whose members were on hand to push the bikes across the block. Even Mother Nature cooperated on auction day, with sunshine and warmth to replace the light drizzle of the Friday preview. Despite more consignments this year than last (150 vs. 142), there were fewer high-end bikes. The number of consignments from foreign sellers was down as well, although most were pretty serious about cutting loose what they had to offer. This was reflected in the high sellthrough, a solid 73%. Most Japanese bikes found new owners, with the few no-sales mostly late-model examples. Harley-Davidsons broke even, with twelve sales and twelve no-sales, the latter of which accounted for a quarter of all the bikes that didn't change hands. Some folks present might have argued that final bids on British bikes came over as a little on the weak side. But based on the fair success they enjoyed, prices weren't so weak that motivated sellers took a bath on their bikes. I saw it more as no one wanting to start a downward price trend, so those few no-sales went back to the trailer. Even if their January Las Vegas sale is MidAmerica's bread and butter (with a 92% hit rate and $4.5m sold, it's hard to argue against that), the folks at MidAmerica treat this backyard sale no differently. Sure, they'd love to turn those kinds of numbers, but the realities of a regional sale work against that. What they do instead is give attendees the same service on a smaller scale. And it works. All the regulars came out, including the foreign sellers who have made Maplewood a stop for the last ten years.u Sports Car Market

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MidAmerica Auctions Maplewood, MN ENGLISH #23-1934 TRIUMPH XO motorcycle. S/N N/A. Eng. # 601XO. Silver & black/black leather. 150-cc OHV single, right-hand tank shift, solo pan seat. Old restoration that has been “museum stored for many years.” Not run since the resto. Glossy tank paint, with light orange peel on top. Minimal corrosion to clean engine castings, with bright fasteners. Bungee #49-1947 NORTON 16H motorcycle. S/N B262021. Eng. # B27516. Silver & black/black leather. Odo: 13,682 miles. Older cosmetic resto is starting to unwind. Paint shows some light bubbling, with a yellowing clearcoat, especially along the seat. Ugly prepwork on the dented chain guard and tool box. Rusty, unpainted cylinder head, with heavier corrosion on alloy castings and steel fasteners. Sold at no reserve on a bill of just as well have said, “I desperately need to dump this thing before it really starts to fall apart.” #88-1953 ARIEL RED HUNTER motor- cycle. S/N A51957. Eng. # XA1915. Maroon & gold/black leather. Odo: 28,345 miles. 350cc upright single, 4-speed foot-shift transmission, solo seat. Nicely redone, especially the paintwork. Good replated chrome. No signs of usage on the chromed exhaust system. strap battery hold down and rotted tank pads. Some pitting beneath replated fishtail exhaust. Sold on bill of sale, with import papers. Cond: 3+. SOLD AT $4,876. I wouldn't say this bike was dolled up and left to rot, only that it's best left as a showpiece and not a rider. The paper chase just to license it would be a nightmare. Priced right as a garage queen, or perhaps for another museum seeking a pre-war Triumph. sale, and displaying a 2001 MoT tax disc from England. Cond: 3-. SOLD AT $5,936. The seller's notes touted that it was “never titled in the U.S.” Perhaps handy if you want one of Her Majesty's subjects to repatriate it, but I doubt the San Diego phone bidder will find much solace in that. Since it sold here last year for about the same money, the consignor could Most rubber bits are newer repro bits. Nicely detailed engine and clean transmission. Sold on a bill of sale. Cond: 2. SOLD AT $8,586. This was another “museum stored” bike, but this one looked to have been properly restored somewhat recently. Following the $7,800 reserve, it sold over the phone to California. Well within range of calling it market correct. July 2006 121

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Column Author #47-1956 AJS 18 motorcycle. S/N A60224. Eng. # 14165. Black/black vinyl. Odo: 5 miles. 500-cc single. Mix of shiny and flat paint. Frame is dull and chipped. Dull chrome trim, but no pitting. Newer mirror. Most of the wiring harness is tie-wrapped to the frame. Powertrain MidAmerica Auctions Maplewood, MN engine. Cond: 2-. SOLD AT $6,254. Although light blue wasn't a stock color on an R60/2, it did come off looking period-correct. Cut loose at a fair price for a classic rider. ITALIAN looks freshly cleaned rather than well-maintained. Tears in the 2-place seat. Sold on a bill of sale with import papers from the U.K. Cond: 4. SOLD AT $3,604. By the mid 1950s, AJS had pretty much blended into the landscape of the typical British 500-cc single. When the reserve here went past $3,100, it was cut loose, so someone else can deal with the pesky issue of “Do I go through the hassles to register it, or just make it a garage ornament?” And a mediocre one at that. #89-1965 BSA STARLIGHT motor- bike. S/N N/A. Eng. # K1A3244. Tomato Red & cream/cream vinyl. Odo: 2,892 miles. 75-cc OHV single with foot-shifted 4-speed transmission. Mostly original, including the dry-rotted tires. Paint is scratched and thin in spots, but shows a good patina. concise restoration. Offered at no reserve. Cond: 2. SOLD AT $5,830. This was the last year for an open-air Thunderbird (from both Triumph and Ford). I expected this to fetch a bit more, but then most of the interest in two-wheeled Triumphs is in the Bonnevilles. Bought well. GERMAN #84-1959 BMW R69 motorcycle. S/N 653724. Black & white/black rubber. Odo: 44,554 miles. Bad aftermarket Ural sidecar. Optional headlight guard bars and low-mounted handlebar mirrors. Haphazard paint all around over old, cracked paint. Both cloisonné emblems are heavily chipped. Average corrosion, grime, and light scuffing and could use some polishing. Clean engine, with some use wear evident. New breather tube off of the carb. Sold with “import papers” on a bill of sale. Cond: 2. SOLD AT $2,968. Considering the issues involved with trying to get a license plate hung legally on the back, this may be best served as a garage ornament. As such, it came off as somewhat cute, but not to be taken seriously. Priced right. JAPANESE #58-1963 HONDA DREAM 305 motor- Most chrome is clean, as is the motor. Offered at no reserve with a “guaranteed title.” Cond: 3-. SOLD AT $2,438. You're looking at 140 pounds (weight, not currency) of Honda wannabe. When the Japanese got a foothold in the small bike market, BSA countered with this. Heck, it even looks like a Honda, with that similar paint combination. Quite rare on these shores—on all shores—so there was a lot of interest here, mostly from BSA diehards who don't have one yet. Cheap fun. #51-1966 TRIUMPH THUNDERBIRD 6T motorcycle. S/N 6TDU 29369. Eng. # 6TDU29369. Black & silver/black & gray vinyl. Odo: 1 miles. 650-cc twin. Powdercoated frame and professionally painted sheetmetal. Scratched and dinged chain guard. All chrome is either replated or new repro, including the unblemished exhaust system. Clean engine and recent top-end overhaul, but dripping oil on the floor. Repro 2-place seat. A nice, 122 Corrosion starting on the wheel rims. Front spring damper knob, pot-metal brake and clutch handles show light pitting. Repro wiring harness is tie-wrapped to the frame. Clean white courtesy phone, your motorbike is ready. Easily passed $3k, so there must be a burgeoning market for Nerd Bikes. Too ragged for a showpiece, but it won't take much to get this one ready for an uptown Starbucks run. Plenty of interest in this bike, and it sold for a fair deal. Sports Car Market road dust on the frame and powertrain. Cond: 4+. SOLD AT $6,784. While a vintage accessory Stieb sidecar complements a Beemer of this era, a heavy, crappy Russian one does not. The seller would've been better off parceling the lot off as multiple items. The buyer would be wise to cut the sidehack off of this perfectly good BMW before the price of scrap iron goes down. #83-1969 BMW R60/2 motorcycle. S/N 1811954. Eng. # 1811954. Pastel blue/black rubber. Odo: 74,477 miles. Dealer accessory turn signals and headlight guard bar. Excellent repaint on all components. Most chrome is replated well. cycle. Eng. # CA77E212665. White/white vinyl. Odo: 75 miles. 305-cc twin. Period aftermarket fiberglass saddlebags, rear luggage rack, and Buco Plexiglas windshield. An older restoration that's been in “no-fluid storage” since. Good repaint with only a few light handling scuffs. Nice chrome, but some stainless is marked. Seat vinyl is yellowed. Several gouges and scrapes on the bags and windshield. Clean engine and transmission. Cond: 2-. SOLD AT $3,551. Pee-wee Herman, please pick up the #10-1956 MOTO MORINI CASARINO Racing-look motorcycle. S/N ZT17841. Red & white/black suede leather. OHV single-cylinder engine. Good repaint of the frame and tanks. Custom-fabricated racing-type seat. Custom cartoon graphics and racing number banner. Cutdow handlebars. Chrome fenders and trim have

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MidAmerica Auctions Maplewood, MN AMERICAN #24-1924 HARLEY-DAVIDSON JE mo- torcycle. S/N N/A. Eng. # 24JE14807. Olive green & red/brown leather. Odo: 4,502 miles. 61-ci flathead V-twin, with left-hand tank shift. Klaxon horn, Stewart speedo, electric headlamp. Older amateur resto that is still serviceable. Glossy repaint with some nicks. Rear fender rack paint is chipped. Original handlebar grips are dry-rotted and the footboard rubber is rippled. Crudely reupholstered seat. Ugly rewiring. motorcycles. Thusly, it was bought and sold about right. #28-1928 INDIAN SCOUT 101 motor- cycle. S/N N/A. Eng. # EC721. Maroon & gold/brown leather. 45-ci V-twin flathead with 3-speed, right-hand shift lever directly off the transmission. Good quality amateur resto. Older frame and sheetmetal paint show several touch-ups. Clean and maintained powertrain, with newer, non-matching plugs. Some home- #71-1948 INDIAN CHIEF motorcycle. S/N 3483475. Eng. # CDH3475. Maroon/black leather. Odo: 12,511 miles. 74-ci V-twin with 3-speed right-hand tank shifter. Crusty period Chum-Me seat and rear fender top bars. Plated pieces are surface rusted. Missing stainless fender trim. Loose seat mounting. Dry, flat tires. Grungy, tired old paint. Ditto the engine, though it appears complete and is claimed to Dull stainless exhaust, and older tires. Cond: 3. SOLD AT $17,172. This was bid steadily to the $16k reserve, and then worked for a little bit to get to the final bidder on the phone from San Diego. As you can't expect to ride this bike on the I-5 and live to tell about it, there is some waning interest in pre-war, rider-grade spun electrical work added to the repro stock harness, secured to the frame with modern tie wraps. Dull, pitted chrome. Crudely reupholstered and cold-riveted pan seat. Cond: 3. SOLD AT $21,200. The Scout 101 was one of the best balanced bikes of all time, and long a favorite with trick riders. Today it's a bit underpowered even for one-up highway riding, but this bike has a lot of life in it. The reserve and final bid (over the phone from the Stefanni collection of San Diego) were one and the same. A fair price. have good compression. Its soul mate sidecar, in the same sordid condition, was sold right after the bike as a separate lot. Cond: 5+. SOLD AT $13,250. Consigned by the owner's widow after three decades of garage storage. Initially bid to around $12k, then bidding petered out. Then they sold the sidecar, which went for $5,300. Then bidding came back to the bike at the $12k mark, with the top bidder of the sidecar one upping and taking both home.u Located in the Canton Marriott Hotel 320 Market Ave. S., Canton, Ohio 44702 call Toll free: 866-653-8900 ext. 77 Hours: 9 –5 Mon.–Sat.; 9–9 Thurs.; Noon–5 Sun Buy – Sell – Trade – Financing – Layaway We buy special cars from special people, 1 or a collection! 1967 Austin 1800 4dr sedan “Landcrab”, BMC 4cyl, 4 speed manual, black with red interior, super rare in the USA! $12,950 1964 Amphicar 770 4 passenger convertible/ BOAT, 4cyl Triumph with 4 speed manual trans, Red in/out, enjoy on land or water, RARE! $89,950 1980 Berlina Neo-classic coupe, retro Mercedes 540K, Corvette chassis with 350 V8 and auto trans, white with red interior $29,950 1963 Corvette StingRay Roadster 2 tops, 327 V8 (250HP), 4 speed, matching #s, Daytona blue $64,950 1955 Ford Thunderbird Convertible, 292ci V8, auto, Torch red with red and white interior, wire wheels, 1st for Thunderbirds! $39,950 year 1969 Mercedes 280SL Roadster OHV 6, auto, 2 tops, Moss green in and out, mint condition! $38,950 July 2006 123

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eBay Motors Report by Geoff Archer Market opinions in italics L ow production doesn't ways mean rare. Or even desirable, for that matter. It just means there aren't that many, and sometimes that's a good thing. Here are a few cars you just won't see in the Safeway parking lot, and one Elva you really can't see, period. Condition inferred from seller's de- scriptions; cars were not physically examined by the author. Sf=seller's feedback; bf=buyer's feedback #4592956611-1931 ASTON MARTIN 2/4 SI International roadster. S/N A1100. British Racing Green/black/British Racing Green leather. RHD. Odo: 50,000 miles. 10 photos. Marietta, GA. Original short chassis. No title. U.K. registration KY 1150. “A rare car with a very nice patina.” Unrestored. “Yes...the proper top bows folded behind the rear seat. Engine turns freely with hand crank. The clock ticks fine. The brakes are working fine.” 23 bids, sf 717, bf 1033. Cond: 3-. SOLD AT $90,000. AT LEAST 95% COMPLETE WITH SOME EXTRA PARTS.” Seller suggests shipping the whole shebang in a 6'x 6'x 8' crate. Chassis has been epoxy primed, and many suspension components are powdercoated. Condition of the numbers-matching 1800-cc MGB engine is unknown. “ANY RESTORATION SHOULD BE EASY BECAUSE MUCH OF THE HARD WORK HAS ALREADY BEEN ACCOMPLISHED.” Really? 30 bids, sf 223, bf 3. Cond: 5. SOLD AT $5,676. Elva was named after the French “Elle va”, meaning “she goes.” Well, this one's not going anywhere anytime soon. But at this price, the buyer ought not feel beside himself. The price was fair for a well-photographed and thoroughly described bucket of bolts. #4609446867-1977 RENAULT ALPINE The presentation was so terse that I suspected one of those Indonesian scams. But then again the price and both participants' ratings were quite high. So I poked around the web until I found a marque expert who confirmed that, “it was bought by an Aston retorer and well known AMOC member—he has left positive feedback, so I guess the sale went through.” He further stated the “price looks about right—not cheap at all—but could well be made into a very nice car indeed.” #4626440361-1964 ELVA COURIER Series I roadster. S/N E1118. Blotchy fiberglass. 24 photos. Hunlock Creek, PA. #118 of 175 Series I roadsters built. Clean PA title. Completely apart, cut in two as a matter of fact. “THIS CAR IS A310 coupe. S/N 43085. White/black. Odo: 57,381 km. 23 photos. Holly Springs, MS. One of about two dozen A310s in the U.S. “This is a low mileage car (57k km) in excellent shape. The paint is probably the original and ranges from presentable to excellent. The car would benefit from a quality paint job though it could wait.” New clutch slave, battery, tie rods and balljoints, coilover shocks, upholstery, triple Webers, hemi heads, etc. “The wheels are gorgeous. Interior is near perfect with newly covered seats, great door panels, headliner and dash.” 39 bids, sf 1, bf 32. Cond: 2-. SOLD AT $20,400. Pop Quiz: What does a DeLorean have in common with the Eagle Premier? The same thing a Peugeot 505 has in common with the later Alpine A310s—the RPV 2.7L V6. Duh. This has to be the best looking carrying case. The price was market-correct, if you call two other data points a “market.” #4622612607-1973 BMW 3.0 CSL Batmobile coupe. S/N 2275510. White/black leather & cloth. Odo: 91,138 km. 18 photos. Littleton, CO. One of 39 injected, lightweight CSLs built, “specially equipped with larger 124 sf 21, bf private. Cond: 4+. SOLD AT $73,100. Serious bidders must have spent time on the phone with the seller, because these photos just didn't explain much of anything. There were only two exterior shots, for example. It appears the high bidder doesn't read the fine print in SCM's price guide: Not only did he pay #2 money for a #4 car, but he also failed to deduct $30k for the Fissore coachwork, as the premium is on the Zagato cars. Well sold, if not well-presented. #4597211193-1965MASERATI QUATTRO- PORTE Series I sedan. S/N AM107318. Two-tone blue/red leather. Odo: 60,000 miles. 15 photos. Fombell, PA. One of 200 Series I cars with a DeDion rear suspension. “Body panels are very straight, and panel gaps are excellent: no dings, scratches, or chips, and no rust. Older paint job has excellent gloss, very smooth and shiny. Chrome is good for its age.” New clutch, Pirelli P6 tires, fuel pumps, and all filters and hoses. Brakes rebuilt by White Post. “Excellent overall condition, with absolutely no mechanical or electrical problems. It starts, runs, Sports Car Market al- (3153-cc) engines, stiffer suspension, larger brakes, Scheel performance seats, aerodynamic appointments, aluminum doors, hood and trunk lid.” Restored from 1987 to 1990. Cover car for Roundel 3/91 and BMW Buyers Guide, 2nd Ed. New tires. “All systems are good, everything works, and it's looking and running great.” 16 bids, sf 167, bf 4. Cond: 2. SOLD AT $73,100. A restoration that is old enough to vote probably needs more than tires. If “extensive rust problems” manifest in the first 14 years of life, it stands to reason that we might question the 16 after the repaint. Test drives were invited, however, so I am left to conclude that the in-person condition befit this very high, though not crazy price. Wanna bet the buyer was in high school in 1973? #4629558151-1963 OSCA 1600GT Fissore coupe. S/N 00106. French Blue/black. Odo: 13,000 miles. 17 photos. Brussels, Belgium. One of about 20 Fissore-bodied cars. Papered in Italy and Belgium. 1960s hillclimb history. “The car needs a little work on the body as the car is in original condition.” Extra “competition” engine included and pictured. “The engine, gearbox, transaxle is in very good condition and the interior is also in original condition.” 91 bids,

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Fresh Meat Online sales of recent production cars. 2007 SATURN SKY and drives perfectly.” 19 bids, sf 31, bf 235. Cond: 2-. SOLD AT $21,700. Not quite double SCM's guidance, this winning bid is at least 50% more than we would recommend paying for an early Quattroporte. Both rarer and more practical than, say, a 3500 GT, they are neither better looking nor a better investment. No harm done here, just don't expect to flip it for a profit. Or break even for that matter. #4628062613-1988 LAMBORGHINI JALPA targa. S/N ZA9JB00A6JLA12380. Black/black. Odo: 44,076 km. 35 photos. New Hampshire. One of 410 Jalpas built, this one looks awesome with optional “Silhouette” wheels—a $6,000 option when new. The $58k MSRP sounds almost cute 20 years later. “Must be one of the best in existence, this car is an original car in every way. The exterior is a very glossy black and in amazing condition. No dents which might have boosted value. I wonder what else this guy has stashed away? #4632866133-2000 QVALE MANGUSTA targa. S/N ZF4AH01A2YM000066. Silver/ black. Odo: 24,000 miles. 13 photos. Studio City, CA. One of only 276 built, “This is the nicest Qvale Mangusta you will ever see.” Sure, except for the, “slight fiberglass cracking on the right wheel side of the vehicle.” $95k MSRP. Features include: Rototop 2-stage targa/convertible roof, nav., in-dash radar, LSD, 19” Anterra wheels, Borla exhaust, and of course the 320-hp Date sold: 04/23/2006 Sale location: eBay Motors #4631973245 Details: 286 mi. used = unwanted anniversary present. Options: monsoon, leather, LSD Sale result: $27,300.26, 5 bids Seller's feedback: 407 Buyer's feedback: 154 MSRP: $25,225 Other current offering: Saturn of Scottsdale, Scottsdale, AZ, www.saturnofscottsdale.com; $28,800 for a red one with 179 miles 2007 MERCEDES-BENZ GL450 Mustang Cobra 4.6-L V8. That engine, by the way, was replaced in 2001 (no reason given.) 41 bids, sf 21, bf 26. Cond: 3. SOLD AT $28,100. It is so silly to quote an astronomical MSRP when so many new Mangustas are still unsold. Call BMC in San Francisco, talk to a Qvale family member, and make an offer. At least that route offers the chance to meet the pioneering European car importer (and father of the Jensen-Healey), Kjell Qvale. This bid was three to five grand high for a #3 car. #4630567557-1987 PORSCHE 911 Turbo- or dings.” Bull icon on rear valance is painted red. Recent $8,000 tune up and tires. 30 bids, sf 1445, bf 63. Cond: 2. SOLD AT $33,433. Seller admits listing on eBay to avoid the 10% Bonhams (Brookline, MA) commission. Seems to me that the eBay winning bid is, ironically, 10% to 15% less than this great looking Lambo might expect at a physical auction, where posturing bidders might have taken this black mechanical bull for a ride. No harm done, but I'm not convinced the sale price was maximized. #4627649885-1996 DE TOMASO GUARA coupe. Yellow/tan. Odo: 1,618 km. 19 photos. Cypress, CA. One of 40 built. Pilot car for aborted EPA/DOT federalization attempt. Not U.S.-legal, with no VIN and no title. Aluminum honeycomb chassis holds mid-mounted 4.6-L Cobra V8, with 6-spd. Getrag. Carbon-fiber and Kevlar body brings total weight to 2,640 lb. Tubular A-arm suspension with horizontal coil-overs. 168-mph top speed. 0-60 mph in 4.9 sec. “In storage for last ten years, except for the occasional ‘hot lap' on the freeway.” Persistent electrical short drains battery. “Interior is dusty but flawless.” 3 bids, sf 172, bf 118. Cond: 2. SOLD AT $75,100. Given the rarity, $75k has to be considered the going rate for untitled Guara Berlinettas. The seller was “posting for a friend,” and claimed he knew nothing about one user's suggestion to register this as a kit car, July 2006 67,190 miles on this beauty. It is fully serviced, has new tires, an upgraded sound system and drives and looks like a dream. The only thing this car needs is a driver.” 16 bids, sf 84, bf 65. Cond: 3+. SOLD AT $25,000. As representatives of the end of an era,'87 to ‘89 911s are desirable in their own right. The M-491 option isn't for everybody, but if you are in the hunt, pickings are slim, with production ranging from a handful to maybe several dozen per year throughout the late 1980s. This price included no premium over a standard narrow-body car, and thus must be considered a bargain by about $5,000. For $10k more, one could hold out for a lower mileage example in a color scheme that is not quite so “Miami Vice.” u Look cabriolet. S/N WP0EB091XHS170734. Grand Prix White/black canvas/light gray. Odo: 67,190 miles. 11 photos. Melbourne, FL. Factory M-491 “Turbo-Look” option (confirmed with photo of bonnet decal) finished in “very rare and very sexy white on white combination.” No Kardex mentioned. “The paint, engine and wheels are 100% original and there are only Date sold: 04/17/2006 Sale location: eBay Motors #4629377034 Details: Bidding on down payment only, sale price is MSRP. Options: Iridium Silver/black, Premium 1, lighting, and heating pkgs., sunroof, trailer hitch , three-zone a/c, Keyless Go Sale result: $5,800, 12 bids Seller's feedback: 1 Buyer's feedback: 0 MSRP: $68,840 Other current offering: Mercedes-Benz of Smithtown, St. James, NY, www.mercedesbenzofsmithtown.com, lists a pewter/ash example with no price stated 2007 CADILLAC ESCALADE AWD Date sold: 04/19/2006 Sale location: eBay Motors #4631346647 Details: 1,632 miles on Courtesy Car used at Masters Tournament, Pearl White/tan, moonroof, nav, TV/DVD Sale result: $61,700, “Best Offer” feature Seller's feedback: 275 Buyer's feedback: 17 MSRP: $59,570 Other current offering: Sewell Cadillac, Dallas, TX, www.sewell.com. $64,599 and $65,599 for new carsu 125

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Automotive Investor The Martin Rating Performance Artists The focus this month is on the performance factor—cars with enough power to break free of Earth's gravitational pull without breaking the bank W hat'll it do? That question is always on the minds of car peopl.e Our focus this month is on the performance factor—four cars with enough power to break free of the Earth's gravitational pull without breaking the bank. Collectibility and performance are almost always inextricably linked. It's why, all things being equal, a V8 Mustang will always be worth more than a six, and why a big block 'Vette is more desirable than a small block car (even though the latter may be more drivable and easier to live with). Last month we explained the multi-pronged “fun factor” and how it is distinguished from performance. This month, we review the “performance factor” and examine four cars that have performance to spare but will leave you with plenty of spare change. Performance is measured in the Martin Rating system by examining two performance indicia—0–60 acceleration and handling. The former is objective and measured against benchmark times for the period; the latter is purely subjective and takes into account cornering power, braking, ride, and lack of defects. Again, our point with the Martin Ratings is not to prognosticate but to give you another way to measure one car against another. Best of all, it's difficult to imagine getting too badly hurt spending $30,000 or less and getting something with enough power to break free of the Earth's gravitational pull. Evil Personified 1976–77 Porsche 930 (Price $18,000–$23,000) There was even talk that the performance of the car was too much for ordinary mortals. In fact, the 930 provided a graphic demonstration of the mortality of Pelle Lindberg and Tim Horton, two noted professional hockey players who paid the ultimate price for getting careless in a Turbo. The danger was all part of the mystique of the 930, along with its wide hips and whale-tail rear spoiler. The 930 comes by its prodigious 19 performance points thusly: Its 0–60 time in period was remarkable 100th-percentile stuff, a 10/10. Its handling, while flawed by virtue of its rear-weight bias, was still better than almost anything else on the market at the time—a 9/10. Looks Nice, Drives Naughty 1964–67 Sunbeam Tiger MK II (Price $23,000–$30,000) Details No. Built 571 0-60 Time 7.8 sec. Top Speed 120 mph Price New $3,598 Details No. Built 2,596 0-60 Time 4.8 sec. Top Speed 167 mph Price New $26,000 82 126 The Sunbeam Tiger might be the ultimate 21st century “Q-ship.” 16 16 19 19 12 Investment Grade: B Every 930 serial number should start with the digits “666.” The origi- nal Turbo Carrera cars were especially beastly, with smaller brakes and skinnier 15” wheels that accentuated the car's tail-wagging tendencies. But in an era of anemic pseudo-performance cars, the 930 was a revelation. Fast, seriously fast. When the turbo finally spooled up, the jump to hyper speed was shattering. Just pray you were going in a straight line when the turbo kicked in. (The original WWII Q-ship looked like a defenseless trawler but in reality was armed like a postal worker.) The rare Tiger MK II looked almost exactly like a mild-mannered Alpine but was in fact armed with a Ford 289 V8. Even in a mild state of tune, it was enough to power the Tiger to 60 mph in 7.8 sec. At an SCM value of $25,000–$35,000, the 260-ci Mk 1 Tiger is priced like a Healey 100-6 but goes more like an E-type or even a small block Corvette. The Tiger is just a tick off the 6.5 second 0–60 benchmark we have established for 1960s cars. A 9/10 in the acceleration department. As a reasonably well-finished, comfortable sports car, if the Tiger falls down anywhere it is in the braking and handling department. Not as bad as a solid-axle Corvette, but the chassis and brakes are clearly not up to the Tiger's power. In the context of the early 1960s, however, it rates an 8/10. Sports Car Market Martin Rating 83 Martin Rating 17 17 17 16 16 Investment Grade: B Rarity Beauty Performance Historical Significance Fun Factor Rarity Beauty Performance Historical Significance Fun Factor

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Bargain Basement 'Vette Convertible 1986–96 Corvette Convertible (Price $9,900–$26,000) Short on Wheelbase, Long on Power 1967–70 AMC AMX (Price $18,000–$30,000) Details No. Built 72,601 0-60 Time 5.8 sec. Top Speed 154 mph Price New $27,207 Martin Rating Details 77 No. Built 20,187 0-60 Time 7.4 sec. 13 17 18 17 11 Investment Grade: D In 1986, the earth righted itself on its rotational axis, the safety Chicken Littles were vanquished, and a convertible was back in the Corvette lineup for the first time since 1975. Still occupying that netherworld between used car and collectible, the C4 convertible may be one of the best open-top performance deals extant. By 1986, Chevy had exorcised most of the bugs from the miserable first-year C4, the 1984 model. Ride, structure, quality, and horsepower were all improved. By 1986, performance cars were just starting to shake off the hangover from the emission-control era with engineers figuring out how to make clean horsepower. The multi-point injected 5.7–liter V8 put out a healthy 300 bhp, and on steamroller-wide Goodyear gatorbacks, most drivers would run out of nerve long before the car ran out of grip. Nearly benchmark in both acceleration and handling, the Corvette gets a 9/10 in both sub-categories for a total of 18/20. 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 Thousands of 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 July 2006 127 Chronically underfunded AMC got into the pony car business late, but their underappreciated effort the AMX may have been one of the better ones. Not satisfied to simply offer a hopped-up Javelin, AMC chopped 12 inches in wheelbase from the car for slightly better weight distribution and lighter overall weight. Car Life magazine said that when equipped with the 315-hp, 390-ci engine, performance of the AMX was just “a little under the Supercar bracket,” with a quarter-mile time in the mid-fourteens. Acceleration is a 9/10. Although comparisons to the Corvette were made by period scribes, underneath the AMX was pretty pedestrian. And while more agile than a Javelin (and most other muscle cars), the AMX's handling was rather unremarkable when compared to an imported sports car. It rates a 7/10.u Top Speed 130 mph Price New $3,895 Martin Rating 77 13 17 16 15 16 Investment Grade: B Rarity Beauty Performance Historical Significance Fun Factor Rarity Beauty Performance Historical Significance Fun Factor

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Motobilia Carl Bomstead Clean Signs Sell, There's the Rub You paid a couple of hundred dollars too much for the fantasy Veltex sign but I bet you will ask more questions in the future ilia Carl Bomstead Clean Signs Sell, There's the Rub You paid a couple of hundred dollars too much for the fantasy Veltex sign but I bet you will ask more questions in the future check check your cleaning rag frequently for any paint from the sign. Stronger rubbing compounds can be used if the stains persist. I would list your sign on 1 IF YOU WANT TO CLEAN UP, START WITH THE SIGN I am a subscriber to SCM and was looking for some help in marketing my Atlantic Greyhound porcelain sign. It is double-sided and is complete with the hanging bracket. Based on the age of the bus, I would guess that it is from the '30s; under the bus, in small print, it says Baltimore Enamel, 200 Fifth Ave. N.Y. The sign is in good condi- tion with only a small chip on one edge; however, it does have some stains and paint drippings. Would you recommend cleaning it and if so how should I go about it? Thanks for your help.—Dean Kokenes, Charlotte, NC There is another version of your sign that has a white circle with the bus and slightly different verbiage. Both are equally desirable with a retail value in the $3,500 range. I would recommend cleaning the sign, as it has rust stains from the bracket and general dirt from age. Porcelain is very durable, so you can be aggressive in your cleaning. I would start with Dutch Cleanser and then use a mild rubbing compound, making sure you 128 eBay with a reserve of at least $3,000. The title should include words “porcelain,” “sign,” “bus” at minimum so people searching by keywords will find you. You also might consider consigning it to an auction company, such as Aumann Auctions, that specializes in selling automobilia. VELTEX SIGN NO SMOKING DEAL I was at a local Swap Meet re- cently and found this Veltex “No Smoking” sign. I don't know a lot about the company, but understand Veltex stuff is rare, so I thought $400 was a decent buy. My buddy looked at the sign and thinks the back of the sign is too clean to be a vintage sign, but the vendor told me it was old. What do you think?—Mike Hamlin, Cottage Grove, OR There is no way to sugar coat this one. Your sign is a fantasy piece that was done by a guy in Idaho a few years ago, and he was selling them for about $125. He did not attempt to hide the fact that they were not authentic, but he did not date the signs, either. That would have prevented some bozo from passing them off later as the real deal. A couple of quick ways to tell the age of porcelain is with the shelving, or depth between the layers of color and the back of the sign. Old por- 3 celain has a very distinguishable buildup between colors while newer signs are almost flat. As your buddy suggests, new signs are very clean in back while older ones are rather sloppy and usually black or gray. Swap meet vendors are not uni- versally known as pillars of truth, as many of them are just interested in getting your money and are willing to tell a far-fetchedtale to do so. You paid a couple hundred dollars too much for the fantasy Veltex sign, but I bet you will ask more questions in the future. POLLY SIGN ONLY A PRETTY BOY My neighbor is trying to get me to buy the Polly neon sign in the photograph. He wants $3,000 for it, but is rather vague on the history. I think the sign is cool, but before I spend that kind of money I would like to know a little more about it. I don't think it is old, as the condition is too perfect. Any thoughts you have on the sign?— Stan Adamly, Big Sky, MT Stan, your sign was made in recent years by a very talented artist in the Bay area. He perfected a method of making new signs with the vintage look and feel of porcelain. I think he made about 75–80 of the Polly signs before he got side-tracked. The price is about what he was chargingwhen he was in full swing production, so if you like it, go for it—but don't expect a profit when you decide to move on down the line.u 3 CARL BOMSTEAD is a decades-long automobilia expert who lives in the Pacific Northwest. Send your questions to: motobilia@sportscarmarket.com. Digital photos, the larger the better, must accompany your queries. Due to the volume of mail we receive, not all questions can be answered. Sports Car Market

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SCM Gallery Featured Artist Bill Neale: Portrait of the Artist as a Car Man “When I met Shel, we hit it off and lied to each other all afternoon. Our relationship has naturally manured over the years” by Kathleen Donohue T his new feature profiles prominent automotive artists from around the world. In addition to paying homage to the talents whose art once graced our covers in our pre-newsstand days, SCM has opened an online gallery at www.sportscarmarket.com/artmarket where you can purchase prints, giclées, and original works by these talented and committed individuals. Our first artist is a standout both in the car world and among his artistic peers: Bill Neale. “Pure Shelby” Bill Neale Founding Member, AFAS Winner of multiple awards, including the Peter Helck Award at Pebble Beach Art for sale: www.sportscarmarket.com/artshowcase Other stuff: www.terlinguaracingteam.com (no guarantee as to the accuracy of the material contained there) 130 Reaching the age of 81 has done little to slow down Bill Neale, one of the most popular and prolific automotive artists working today. As best friend Carroll Shelby says, “He's busier than a one-legged man in an ass-kicking contest.” Neale completes about 15 commissioned works every year, and estimates he's painted over 500 works of art in total. At the moment, he's got three paintings going in his studio and a list of projects yet to begin, but his gracious Dallas drawl makes you feel as if he's got all the time in the world for you. No fiery artistic temperament here (though he has spawned, artistically speaking, a rather unusual fire-breathing rabbit). Sports Car Market

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Neale is one automotive artist who has the respect of the race car drivers he immortalizes on canvas. A former SCCA amateur racer and vintage racing enthusiast, Neale has been drawing cars and planes ever since he can remember. He studied advertising art at the University of North Texas and earned his MFA from Shouinard Art Institute in Los Angeles. As an undergrad, Neale was bitten by the sports car bug; he alternated between driving and painting them. “My first sports car was an MG TB. I also drove an MG TC, I had a Triumph, and several Porsches.” After graduation, advertising work was hard to get, so Neale taught high-school art for five years while painting at night to build his portfolio; he even freelanced political cartoons. But the course of his life was altered when he met the man who was to feature in many of his paintings, Carroll Shelby. The two Texans met in the '50s at Caddo Mills, an abandoned WWII airport made into a racecourse where Shelby was competing in a Cadillac Allard. “We hit it off. We lied to each other all afternoon. He likes to tell people that our relationship has naturally manured over the years,” Neale says. Shelby ended up winning two races that day while Neale sketched him. Those first sketches soon became the blueprint for a painting that Neale entered in a show, where it sold for $35. “That was a lot of money back then,” he says. He's since tried to track down that first painting; he found one former owner in England, but the trail grew cold. “I'd sure like to have that one back,” he says. “Between me and Shel, one of us is gonna find it, and I sure hope it's me.” When Shelby went over to Europe in the mid-'50s, Neale followed to watch Shelby's first official Formula One race in Reims, France. “I painted several pieces using the cars that he drove then, Maserati 250F formula cars. Later on, I painted him when he got an official ride with Aston Martin.” Neale hasn't done it alone. According to Carroll Shelby, “Bill Neale wouldn't be worth a crap without Nelda,” Bill's wife of 57 years. Nelda has her own view of the Neale/Shelby relation- ship. “They're a mess,” Nelda says, “But they don't take any guff off each other. It's been a very good and long friendship, but they're a mess.” Witness the scheme Shelby and company cooked up back in the '60s to market 220,000 acres of parched, rockfilled desert he owned with partner David Witts, a stretch of land marked by a ghost town named Terlingua. The original plan was to sell 30-acre lots to hunters seeking rattlesnake and cougar trophies. On a group hunting trip to the ranch, Shelby, Neale, and the rest of the posse elected the town government and appointed positions from Dogcatcher to Commodore of the Terlingua Navy. Neale was appointed Director of the Museum of Modern Art (“It was a two-hole privy”). ENTER THE FIRE RABBIT And what could be a more fitting mascot Painting used for 2002 Colorado Grand Poster; Charles and Rhett Nearburg in Alfa 8C it's not worth explainin'. But we've had so dang much fun with it, it's ridiculous.” Simply put, the Terlingua Racing Team is all about the logo. Shelby told Neale to get stickers made up with Neal's fire-breathing rabbit design. “I'd done a logo for the Mecum Racing Team, and Shel really liked that. So we used three colors on mylar; they cost about 40 cents apiece. I don't think Shel's ever paid me back.” At the 1966 Indy 500, Neale and Shelby used their privileged access to the pits to apply the Terlingua logo decal to every car (except the car that won the race). “They were real nice official-looking stickers, and people saw them and thought, ‘Wow, this Terlingua Team must have some money behind it.'” After slapping the Terlingua logo on Trans-Am cars, Shelby and Neale targeted the King Cobras in the Can-Am series. Drivers (knowingly or unknowingly) added to the Terlingua Racing Team roster included Parnelli Jones, Dave McDonald, Ken Miles, and Lew Spencer. As for the stickers, “We're still making 'em,” says Neale. “We had a guy from Stockholm call recently and order 20 of 'em. We said, ‘What are you gonna do with 20 of these things?' and he says, ‘We're your Swiss chapter.' This thing just isn't gonna die.” When asked if he had any ideas for Neale's next painting, Shelby says, “My next car.” Neale is doing just that—a portrait for a ghost town than a nonexistent racing team? The legendary Terlingua Racing Team started out as a joke, Neale says. “It's kind of hard to explain, because KATHLEEN DONOHUE is a regular contributor to Sports Car Market. July 2006 of Shelby and his new Mustang for Ford. And he shows no signs of hanging up the paintbrush. Nelda says, “You couldn't get him to slow down with a shotgun. Painting is his heart.”u 131

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Bike Buys Paul Duchene 1973 Triumph X75 Hurricane The Hurricane provides the perfect obituary for the British motorcycle industry as it lurched into the 1970s T he X75 is based on the BSA Rocket 3 but badged as a Triumph. It's outrageous, expensive, complicated, and impractical, made in limited numbers, and not sold in its country of origin. Huh? In many ways the Triumph X75 Hurricane provides the perfect obituary for the British motorcycle industry as it lurched into the 1970s. “It ain't over 'til it's overdone,” as Portland, Oregon, drag queen Darcelle likes to say, and the X75 certainly is that. The story of the Hurricane dates to 1969. BSA's American distributor, Don Brown, knew the corporation was in deep trouble. Their new triple, the Rocket 3, had been designed by British industrial hotshots Ogle Design (best known for their toasters), which came up with gray, slab-sided bikes that were about as attractive as stainless-steel office desks. To make matters worse, Honda had launched its CB750, a 68-hp, SOHC, four-cylinder standard with electric start, front disc brake, and a five-speed transmission. At $1,299, it was $500 cheaper than the push-rod British triples, smoother, and more powerful. Almost 30,000 were sold in the U.S. the first year. In June 1969, Brown called American designer Craig Vetter, best known for Vetter fairings. Brown gave him the keys to a new Rocket 3, along with a plea to do something with it. Brown especially hated the Rocket 3's silencers, with their three little exit pipes. Vetter took his American sensibilities and produced the brightly colored Hurricane, an American design for American riders. The bars were pulled back, the tank and narrow one-and-one-half person seat frame cast together in fiberglass and swept down smoothly to the rear, the exhaust fanned out on the right side with three megaphone silencers. The tank held only 3.3 gallons, but the bike is light and can produce 50 mpg. The prototype was shipped off to England, where Perfect Hurricane Owner: Married 1970s Norton model Rating (HHHHH is best): Fun to ride: HHH Ease of maintenance: H Appreciation potential: HHHH Attention getter: HHHH Years produced: 1973 Number produced: 1,172 Original list price: $2,299 SCM valuation: $7,500-$17,000 Tune-up/major service: $500 (many special tools required) Engine: 750cc air-cooled triple Transmission: 5-speed Weight: 451 lbs Engine number: Left side of case below cylinder Frame number: Left side of headstock Colors: Orange metallic with yellow stripe More: www.craigvetter.com BSA-Triumph decided to use up the leftover BSA Rocket 3 engines on the new bike. Though the Triumph and BSA triples are similar, the BSA engine is inclined forward, which makes it look more aggressive. On the prototype's return to the U.S., it was featured on the cover of Cycle World, shown at the Houston Astrodome, and wound up in the Motorcycle Hall of Fame Museum in Pickerington, Ohio, where it remains today. Production bikes trickled into dealerships in fall of 1972, though at the stiff price of $2,299. A WINNER UNDERNEATH Meanwhile, the BSA Rocket 3 proved it was for real, as Yvon Duhamel set endurance records at Daytona, covering 150 miles at 127.53 mph, and Dave Aldana won at Talladega. In 1971 the Rocket 3 cleaned house in the AMA series; Dick Mann won Daytona, Kent, Washington, and Pocono, Pennsylvania; and John Cooper won at Ontario, California. At the Isle of Man races, Triumph triple “Slippery Sam” won the production TT for five years straight, 1971–75. It didn't help: BSA was done in the U.S. by 1971. Triumph soldiered on through the disastrous workers' takeover at Meriden in 1974 and lasted until 1982 on British govern- ment money. The products offered did nothing for Triumph's (or the British motorcycle industry's) reputation. But with only 1,172 built, the Hurricane became an instant collectible. Vetter's website, www .craigvetter.com, tracks registered survivors all over the world, often with cryptic notes like, “Bought in Germany from Venezuela.” History has borne out the design, however. Apart from the dedicated worldwide owners, a Hurricane was included in the Guggenheim Museum's “Art of the Motorcycle” exhibition. “I'm so pleased it got there, I loved that a lot,” says Vetter. Prices hover around $15,000 for #1 bikes, with one sold in January 2005 for $17,000 at MidAmerica's Las Vegas auction. “Everything on it was polished, it was perfect,” recalls Vetter. He says basket cases seldom surface, which suggests the bikes were keepers from the start. If you're going to buy a Hurricane, buy the best one you can. BSA and Triumph triples are incredibly complex and require dozens of special tools to work on them. For example, it take fives hours to change a countershaft, and it must be accessed through the primary drive. So make sure you know a good mechanic, or become one yourself. Aftermarket manufacturers are reproducing the triple exhausts and the seat/tank unit, but the cylinder heads are special—they're finned—and Vetter says nobody is making those. Perhaps the most avid supporters are in England— where the bike was never intended to be sold. Collectors have scavenged the U.S. for Hurricanes and assembled 64 at the 2003 Beezumph meeting at Cadwell Park. The gathering marked the 30th anniversary of the Hurricane's introduction and included a slide show and talk by Vetter himself. Vetter remarks that he's known in the U.S. for his fairings, but the rest of the world knows him for the Hurricane. “And that was only three months of my life. I worked on Vetter fairings for ten years.”u PAUL DUCHENE has been riding, racing, and writing about motorcycles for over 40 years, and has the scars to prove it. 132 Sports Car Market

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Mystery Photo Answers Forever a trailer queen, Juan readies his prized bicycle en route to another concours event. —Glen Prasser, Cincinnati, OH rim for this Mountain Dew commercial won't be half as difficult as the garden tiller drag to the summit.—Mike Sizemore, Springfield, IL Spy photo of new Kenworth tractor-trailer prototype.—Rod McNae, Seattle, WA You just know it's going to be a crappy day when your choice of tow vehicle is a 30-yearold Schwinn or a 50-year-old rototiller.—Peter Zimmermann, Bakersfield, CA Hapless Brazilian rethinks wisdom of hitching a ride on one-off, cabless, 3-hp, frontwheel drive, remote-controlled Pedaso de Mierda pickup truck.—Paul R. Pizzo, Tampa, FL Well, with the price of gas going up daiRunner-Up: Lance: “That's what you get for dumping me, Sheryl. Pull the cord and start towing.”—Bill Maloney, Honolulu, HI I think I can...I think I can...I think I can...— John Lyons, via email Please, MTV, pimp my ride.—Rami Cerone, Bryan, TX Next week on Overhaulin'...—Anna Cerone, Bryan, TX Filming the bicycle jump from the volcano ly…—Joel Flather, Little Compton, RI Have wheels, will travel.—Chuck Taylor, Cypress, CA Glen Prasser is this month's winner of a sure-to-be-collectible-someday 1/18-scale model courtesy of Dave Kinney's USAppraisal for understanding that the compulsion to pursue perfection manifests itself in many ways.u USAPPRAISAL This Month's Mystery Photo Response Deadline: June 25, 2005 Our Photo, Your Caption Be the author of the most accurate, creative, or provocative response and receive a sure-tobe-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; e-mail: mysteryphoto@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 official “SCM Fright Pig Inspector” cap. E-mail photos at 300 dpi in JPEG format. 134 Sports Car Market

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Comments With Your Renewal Great as-is, perhaps more on how to attend to various events, price guide updates.—Steve Margolis, Raleigh, NC. Steve, our Price Guide is now online at www.sportscarmarket.com, and as of June 1, we will be dynamically updating it to reflect the volatile market.—ED. If the Internet ever fully replaces print, SCM will be the last to go!—Adam Buhr, St. Paul, MN. We believe that the SCM website is a perfect complement to the printed edition, as it allows us to post our archives back to 1989 online. So we expect a happy co-existence.—ED. Stick with sports cars—Mike Kre- mers, Portland, OR More hotrods, perhaps just examples with interesting performance or history, no fiberglass.—Mark van Buskirk, Crown Point, IN Gets better with every issue! Particularly enjoy “Our Cars” and “Glovebox Notes.”—Don Goldman, San Diego, CA Don't change your style or format. You have a great publication.—Brian Ballad, Los Angeles, CA Keith: The Healy is running great!— Mort Zqick, Henderson NV. I recall thinking how brave you were when you bought the BJ7 from me on eBay, flew into Portland, and headed home across the desert. Glad the car is treating you well.—ED. More American car coverage—Steve Myer, Travelers Rest, SC Do a special on orphan cars. Best cars, best values, rarity, trends, etc. (Warwick Healeys, Jowetts, pre-Austin Healeys)— Scott Tisdale, La Jolla, CA Please don't change anything. You do a great job and I look forward each month to seeing what you're bringing to each issue.—David Daniels, Marietta GA Well-rounded magazine, continually improving!—Steven Schaeffer, Seattle WA I miss the artwork of the old covers.— Craig Bassam, New Canaan, CT. Craig, we are opening up an SCM Gallery online, where you will be able to purchase prints and originals by your favorite artists. In addition, our weekly “Insider Newsletter” has a tantalizing special offer each week on works by a selected artist.—ED. Great magazine! But I would enjoy it more if you would feature cars in a price range that is more realistic for a lot of us. Say, $25k–$50k.—Wayne Pierce, Houston, TX Great mag, but remember to “dance with the one who brung ya!” Keep the sports cars in Sports Car Market— Thomas Keller, Manitowoc, WI Something, anything on the Alpine A110 Berlinetta (feature or report)?— Gregory Dewschodt, Tampa, FL Because I'm sort of a Luddite (still us- ing a ten-year-old computer, Windows 95, and dial-up), I enjoy the eWatch and eBay Motors coverage in addition to the rest.— Ric Schumann, Lawrenceville, GA Fewer muscle cars, more old sports. Devin, Echidna, etc.—Thomas Emdy, Bloomington, MN I enjoy Alfa Romeo bits, Flathead Fords, and SCM is always my favorite.— Thomas Clark, St. Helen, SC Fewer muscle cars, but I do love the magazine.—Allyn Griffith, Shavertown, PA SCM is such a find when it comes in my box. Both my brother and I are readers. Keep it going.—Gaetano Alessi, Jr., Miami Beach, FL And thanks to all of you for your thoughtful comments and your renewals.—ED.u

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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. Excellent Can-Am and highly competitive race car. Ex-Bud Morley car. Raced Can-Am ‘66/'67 with many top finished. Competed in F-5000 in ‘68/'69. Well documented history, restored by Bill Moir, Gorgeous and well sorted by McGee Motorsports, Fresh 355-ci small block Chevy, modified Moon intake, Hewland transmission LG500, rebuilt Webers, new Jongbloed wheels, new fuel cell. Eligible for all vintage events including BRIC reunion. $165,000. Paul Goodman, 650.346.6672. (CA) 1969 Triumph TR6 ENGLISH 1954 Austin Healey 100-4 BN1 Very sharp classic Austin Healey 100-4. Tight, rust free, 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) 1954 Jaguar XK120 RHD Dialed in and sorted out like no other. Frame-up restored to beyond new specs. Matching numbers. BR Green, biscuit leather. All books, tools, etc. The best there is. www.deGarmoLtd.com $135,000. Mattew L. deGarmo Ltd, 203.852.1670. (USA) 1964 Ford Cortina MK1 GT 1963 Jaguar XKE Roadster 1959 Mercedes 300 Diplomat Adenauer Complete 20-yr and $120k invested in restoration. 33k original miles, addl. pics at www.chefmarc .com/mercedesbenz59/ $85,000. Marc Vogel, 415.576.9007. (CA) 1963 Mercedes European 300 SL Roadster Frame up restored to beyond new standards and fully documented. The tightest, fastest, most pristine TR6 on the planet. BR Green, black leather. All books, tools. www.deGarmoLtd.com $35,000. Mattew L. deGarmo Ltd, 203.852.1670. (USA) 1970 Jaguar XKE Roadster ‘63-built European roadster. Age dictates the release for sale #3236. Second owner. Both tops, Dare luggage. Extensive mechanical and cosmetics completed. Exceptional car! $410,000. John Glatz, 602.620.8212. (AZ) Ex-race car, now fully restored. You can be the third owner of this beautiful Jag. Photos and complete details at http://rcn491.home.att.net. $57,000. Richard North, 928.445.0940. (USA) 1959 Jaguar 150S Roadster Nice 150S, complete mechanical rebuild with an update to a 5-speed manual transmission. All systems rebuilt and refurbished: brakes, engine, transmission and suspension. We have completed a full inspection, service, and tune. Detailed engine compartment and undercarriage. A great drive, must see. See photos on ContinentalAutoSports.com $109,900. Jeff DiSandro, 630.655.3535. (IL) 1961 MGA 1600 Very original, straight, runs and drives well. A lot of recent work and many spares. $6,000. Fred Schueddekopp, 360-588-8311. (WA) 1966 Mini Cooper 1964 VW Beetle Dark blue,light gray interior, 4 speed, numbers matching, just completed total rotisserie restoration, no expense spared, absolutely stunning. $104,000. Bob Palmer, 772-871-5874. (USA) 1970 Jaguar XKE Roadster Dark blue, light gray interior, 4-speed, numbers matching, just completed total rotisserie restoration, no expense spared, absolutly stunning. $104,000. Bob Palmer, 772.871.5874. (FL) 1999 Lotus Esprit V8 9,000 miles and factory new to the most minute detail. All books, tools, and documented back to new. White, red seats. Drives as new. www.deGarmoLtd.com $29,500. Mattew L. deGarmo Ltd, 203.852.1670. (USA) 1968 Mercedes 280SE Convertible Full restoration, original motor, transmission, differential, wire wheels. New interior, top, tonneau. Detailed. Delivered directly from BMC. Factory hardtop also available. Dexter Harker, 403-6780243. (USA) A real Mini! This Cooper S has been the subject of a complete re-manufacturing process and has covered only 2,800 miles. This includes a complete body shell and later type interior. Mark 1 nose and tail. Performance options include: Minilite wheels, flares, Yokohama performance tires, Moto Lita wood steering wheel, 1300 fuel injected Austin/ Rover high performance engine, lowered suspension, disk front brakes, short shifter and driving lamps. An outstanding drive must see. See photos on www.continentalautosports.com $19,900. Jeff DiSandro, 630.655.3535. (IL) 1966 Mclaren M1C, Chassis 30-05 FRENCH 1935 Delage D8 105 Sport Aerodynamic Coupé, one-off, neither exhibited at any concours nor driven at any famous rally. Fax +41.21.807.34.23. www.christophgrohe.com Christoph Grohe, +41.21.807.35.65. (Switzerland) GERMAN Silver, black leather, moonroof, 3-piece wheels, 49,000 miles. Baby forces sale. 48,000 mile service just done including new clutch. You cannot buy more performance for the money. $40,000 or partial trade for 645i, Maserati Coupe, M3, 456GT etc. 503.261.0555 x206. (OR) Medium blue, dark blue leather and top. Floor automatic, factory a/c, p/w. Original Becker radio, books, tools. A gorgeous and very well documented car. www.deGarmoLtd.com $49,500. Mattew L. deGarmo Ltd, 203.852.1670. (USA) 136 Sports Car Market

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SCM Showcase Gallery 1978 Porsche 911 SC 1969 Alfa Romeo Spider Veloce 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. Newer top and interior. See photos on ContinentalAutoSports.com. $19,900. Jeff DiSandro, 630.655.3535. (IL) Excellent condition, complete history. Recent maintenance at 163k: all oil leaks, new belts, oil tubes, axle shafts, throttle bushings, fuel pump, rotor, and cap. $11,900. Dave Sutch, 415.550.0669. (CA) ITALIAN 1960 Ferrari Pininfarina Coupe S/N 1733, red/tan, GTE engine, OD. Excelent runner when stored in 1992. Best offer. Bob Malina, 650.954.8320, 650.592.8870. (CA) 1965 Alfa Romeo Spider Veloce 5k miles since restoration by one of Italy's top shops. Substantially upgraded interior w/black leatherette and yellow piping. Upgraded 650-cc balanced engine. $11,000. Dave Sutch, 415.550.0669. (CA) 1970 Alfa Romeo Giulia TI 1970 Fiat 500L 76k miles, 2L installed by Domenicks, White Plains. Rugh springs. GTV alloys. New: door and window gaskets, headliner. Great interior/exterior. Fast and fun. $13,950. Jack Robinson, 800.886.2701. (MO) 1978 Ferrari 308GTS AMERICAN 1946 Chrysler Town and Country Convertible Red with tan interior, carbs. Excelent condition. 89,000 miles. Recent motor service, new clutch, Borla. Records and Manuals. $24,900. Brian King, 410.557.7882. (MD) 2004 Maserati Coupe Cambiocorsa Just reduced. Local one-owner car, we sold it new. Only 15,100 miles. Factory options include: red calipers, upgraded audio, heated seats, skyhook suspension, xenon lights. Remainder of the factory warranty. A great buy. See photos on ContinentalAutoSports.com $63,900. Jeff DiSandro, 630.655.3535. (IL) JAPANESE 1967 Datsun 2000 Original, matching numbers. S/N 390536, Eng # 00121-02176, 5 Borrani WW, Farina hardtop, Becker radio. 90,262 miles. $36,500. Ron Rombalski, 503.621.1326. (OR) 3 7 C h e s t n u t S t r e e t N e e d h a m, M a s s a c h u s e t t s T e l . 7 8 1 . 4 4 4 . 4 6 4 6 C o n t a c t S t u a r t C a r p e n t e r F a x . www.copleymotorcars.com 0 2 4 9 2 7 8 1 . 4 4 4 . 4 4 0 6 e-mail: copleycars@aol.com VIN SRL311-00004, oldest surviving. Factorybacked race-car 1967, National Champion Driver ‘68-'70, very original and documented, frame-off restoration, multiple show winner, races VARA & HSR, sorted. $100,000. Bob Klemme, 562.547.6713. (CA) 1994 Mitsubishi 3000 GT SL Body off restored to Pebble Beach standards. 100% correct and fully documented. Not a finer example anywhere. Correct burgundy with burg/crème interior, burgundy top. Flawless throughout. www .deGarmoLtd.com $175,000. Mattew L. deGarmo Ltd, 203.852.1670. (USA) 1959 Kellison J-5 R Rare, race bodied, period built, Kellison Coupe. S/B 283 Chevy V8, 3-speed and Ford 9” rear end. The ultimate period correct vintage event/show/race car. $35,000 obo. Bill, 805.466.1015. (USA) 1964 Buick Wildcat Coupe Serious muscle with rare 425-ci V8, posi-traction, factory floor 4-speed. Green, green interior. Extremely rare. Absolutely mint and original, 46,000 miles from new. www.deGarmoLtd.com $45,000. Mattew L. deGarmo Ltd, 203.852.1670. (USA) 1965 Ford Mustang K-code Convertible 1963 Bentley S3 sedan Blue over Silver, restored 1996 Porsche 993 C4S Silver/black, 6 speed, 22k mi. V6 5-speed. 88,550. Very good condtion. New a/c, clutch, timing, drivebelts, alternator, petcock valve, rear main seal, tires, ABS pump. Over $8,000 in maintenance. $12,000. Shelley Abate, 727.449.0129. (FL) 1999 Mitsubishi 3000GT 1966 Chevrolet Corvette Blue, 4 speed, 327/350, 32k mi PARTIAL LISTING: 2004 Ferrari 360 Modena coupe, Blue Pozzi, 6 speed ................................................... 3k mi. 1999 Ferrari 355 F1 spider, Black w/black, one owner ................................................. 3k mi. 1992 Ferrari 512TR, Red/tan, one owner ...................................................................... 4k mi. 1977 Toyota FJ40, Freeborn Red w/black .................................................original and rust free. 1969 Mercedes Benz 280SL roadster, white, auto, a/c ................................................88k km. 1961 Mercedes Benz 190SL roadster, signal red, 4 speed ............................................64k mi. 1966 Ford Shelby Mustang GT350 convertible, ......................................... “as new” re-creation 1964 ½ Ford Mustang convertible, Poppy Red, automatic ......................................... restored. 1967 Austin Healey 3000 BJ8, blue w/black ................................................................52k mi. 1997 Land Rover Defender 90, ................................................................ 15+ always in-stock. www.copleymotorcars.com 138 e-mail: copleycars@aol.com 1997 Land Rover Defender 90 AA Yellow, automatic, only 8k mi. Matching numbers, burgundy/black, white power top. Excellent condition. Records from new. Enthusiast SCMer owner. $40,000, offers. Jim Dale, 239.261.9266. (FL) 1965 Factory Five Cobra Near perfect southern car. One owner. Fully optioned. Pearl white. Cream leather. CD, cassette. Automatic. 74,000 miles. New Bridgestones. $9,495. Kingsley Hooker, 901.458.6941. (TN) Just completed, new Ford remanufactured 302 fuel injected, 5-speed, color sanded Classic Red with white stripes, black interior, convertible soft top included. $33,850. Harold Buttles, 775.265.5320. (NV) Sports Car Market

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Get Your Kicks 1966 Ford Mustang Convertible � � �� �� Real factory-equipped C-code 289/210-hp car w/4 -spd. and a/c, it is a real red car w/black pony interior, all ordered when new and doc'd by fender tag under the hood, also having 24 total options and a fresh two-year resto on a 74k mile car w/all body original panels & floors. Check it out at www .investmentmotorcars.net Craig Brody, 954.646.8819. (USA) 1969 Dodge Dart 383 GTS Convertible �� �� �� �� Dark green metallic/white interior and boot, one of three known having a factory matching-number 383 big block w/4-speed and bench seat, fresh rotisserie resto, check it out at www.investmentmotorcars.net Craig Brody, 954.646.8819. (USA) 1986 Chevrolet Corvette 427/390 HP T-top Coupe �� �� �� Rare combo of Silverstone Silver w/Gunmetal interior, factory 4-spd. and a/c, fresh show paint, 64k original miles, sympathetically restored survivor, runs new, check it out at www.investmentmotorcars .net Craig Brody, 954.646.8819. (USA) 1996 Lincoln Mercury Towncar Across 4.6L V8. Uses no oil, 22 mpg, a/c, auto. Was Mom's car, garaged, no dents or rust. As new. 111,988 highway miles w/ records $6,500. Scott Ferguson, 408.730.1852. (CA) 2003 Beck Spyder 200+ hp motor by Gunnar Racing. Flawless condition with only 300 miles from new. Silver, red leather. Can't be duplicated for close to this price. $35,000 firm. www.deGarmoLtd.com $35,000. Mattew L. deGarmo Ltd, 203.852.1670. (USA) Marcos Marcos, 6-cyl or 8-cyl, manual transmission. Paul Batovsky, 423.344.5713. (TN)u July 2006 1. 1959 Cadillac (3 words) 10. Mena locale 12. Gold symbol 13. State 14. American symbol 16. Illinois stop on Route 66 (2 words) 18. Guy 19. 50's Cadillac (2 words) 23. Atlanta locale 25. To and ___ 26. Shout out 27. ___ Farm; artist group that created 1 down 28. Arrival time, abbr. 29. 1964 Thunderbird (2 birds) 33. Leave 35. Complain 36. “Nick's ___ and Fresh Choices” on Route 66 in Albuquerque 39. Hotel grade 42. At the end of Route 66 on Santa Monica Boulevard, you reach the ___ 43. Kitchen police, for short 44. In Cold Blood writer 46. ___ Caverns: Jesse James hideout on Route 66 51. Compete 53. Novel by Jack Kerouac (3 words) 55. City on Route 66: Santa __ 56. Route 66 and 101 pass through this state �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� �� � � � �� �� � � � �� � �� �� �� 57. Owner of the land where 1 Down is 58. Movie experience in the '50s (2 words) 59. Pal Down 1. Texas “ranch” for cars representing the Golden Age from 1949 to 1963 2. Yes, in Paris 3. Twos 4. Night before 5. Take away 6. Make a mistake 7. Small distance 8. ___Marvin, actor 9. Corvette designer Harley 10. R & B singer Green 11. ___ Highway—the name for 101 north of San Francisco 15. Gravity forces 17. Beer holder 20. Dine 21. ____ racing 22. Cry of distress 24. Oregon city on the 101 25. Town where Corvettes were first built 30. Flightless bird 31. ___ relief 32. British thanks 34. In 1958 Thunderbird was Motor Trend's Car __ the Year 36. Pod dweller 37. 1950s antique toy Cadillac maker 38. Barely survive 40. Single 41. Email subject line intro 42. ___- Fi 45. Lake on the border of California and Nevada 47. Hot ___ 48. Father of Route 66 49. Roman 101 50. American _____ 52. Resound 53. Boat equipment 54. Canadian province, abbr. 55. Craze 56. Music holder 57. Doctor Solution 139 � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �

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RESOURCE DIRECTORY Advertise in the SCM Resource Directory. Call 877.219.2605 x204 for information, e-mail: 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 Auc- tion. 800.335.3063, Jim Cox, fax 417.336.5616. 1316 W. Hwy. 76, Suite 199, Branson, MO 65616. www.bransonauction.com. (MO) 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. 1528 6th Street, Suite 120, Santa Monica, CA 90401. Auctions and brokerage of fine automobiles. www. goodingco.com. (CA) H&H Classic Auc- tions. +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. PO Box 2277, Sag Harbor, NY 11963. Kenmotor@aol.com. (NY) Silver Auctions. 800.255.4485. 2020 N. Monroe, Spokane, WA 99205. silver@silverauctions.com; www.silverauctions.com. (WA) 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 website 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) 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) INSPECTIONS 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) BUY/SELL/GENERAL 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. 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 U.S. or Canada. Fast 72-hour turnaround! Hartford, CT. www.automobileinspections.com. (CT) Mecum Collector Car Auction- eers. 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. classic-carauction.com. (CA) 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) 140 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) 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) 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) 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, 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) 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, 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) 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 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) Sports Car Market

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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. 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. (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 ultraexpedited, 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 .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 Insur- ance. 800.678.5173. We understand the passion and needs of the classic car owner; agreed value, one liability charge, 24-hour claim service and paying by credit card. We provide classic car insurance at rates people can afford! Instant quotes at www.parishheacock.com. (FL) COLLECTOR CAR LEASING 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. Alfa Romeo, Jaguar, Duesenberg, Bugatti, and more. Offices on East and West Coasts. www.morrisandwelford .com. (CT) 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, 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) 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) Performance Restoration. 440.968.3655, 17444 U.S. Rt. 6, Montville, OH 44064. Award-winning paint/body restoration—sports, muscle, vintage. Eight years in business, newly built shop. A short drive from Cleveland or Pittsburgh, five hours from Detroit. We finish your projects! Photos/info: supercharged@alltel.net. (OH) Vantaaj Restoration & Re- 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, 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-than-perfect 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 July 2006 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 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) pair. 866.440.0334 toll-free USA, 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) 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 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. MosesLudel.Com, LLC. 775.463.5965. Thirty-eight years of 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, 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 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, 141

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RESOURCE DIRECTORY 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. Vin- tage 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 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) 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. Vin- tage Racing Services, Inc. (ARI.VRS), 203.377.6745, fax 203.386.0486, 1785 Barnum Ave., Stratford, CT 06614. Clas- sic, 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) 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 Mi- lano (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, 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. Vin- tage Racing Services, Inc. (ARI.VRS), 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 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. Vin- tage 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. Vin- tage 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 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 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 acquisi- 142 Sports Car Market

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tion of collector cars and are aggressive buyers for complete collections. Our specialties include European sports cars and full classics. www.hymanltd.com. (MO) 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 produced. Two national conventions a year, semi-annual magazine, bi-monthly newsletter as well as a registry. (CT) 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) PARTS AND ACCESSORIES 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) 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) 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 July 2006 143

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RESOURCE DIRECTORY Advertise in the SCM Resource Directory Call 877.219.2605 x 204 for information e-mail: scmadvert@sportscarmarket.com 144 Sports Car Market

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Carl Bomstead Goodyear Sign Deflated, but Sold Lalique mascot, Wanlass bronze buyers score bargains, while 1913 Wyoming plate a shocker at $11,655 M astro Auctions recently conducted a mammoth series of four-day online auctions that included over 2,300 lots. The three catalogs weighed a ton and the items were well presented with crisp, clear photographs and complete de- scriptions. There was a very large section with sports memorabilia, and if you think auto stuff is expensive, you'd think the sports guys are really wacky. After 22 bids, one new owner had paid close to $120,000 for an example of Babe Ruth's first R2 professional model bat. EBAY #7215858681— TEXACO PORCELAIN SIGN. Number of Bids: 14. SOLD AT: $400. Date Sold: 2/06/2006. This was a very desirable and colorful sign in decent condition with only minor edge chips. The black background and yellow/gold oil made a striking presentation. Price was about a third of what it was worth, so there are still some bargains to be found for those who while away their lives hunched in front of their monitors. MASTROAUCTIONS. COM LOT 247. 1985 “BENZ” CENTENNIAL BRONZE BY STANLEY WANLASS. Number of Bids: 12. SOLD AT: $8,353. Date Sold: 4/19/2006. This was one of 30 bronzes cast by Stanley Wanlass for the 100-year anniversary of Mercedes-Benz. Prices in the secondary market for his work have been soft for several years, but his website offers this piece for $28,000, so on that basis, the buyer did just fine. On the other hand, Al Capone's barber chair sold for $15,180 after ten bids. It was a gift from “Machine Gun” Jack McGurn, and Al sat in it during meetings as the added height made him taller than others in attendance. Or how about the first issue of Playboy magazine for $3,271? Just goes to show there are all kinds of ways to spend your discretionary income. Here are a few of the automobilia items offered, along with some pieces from eBay auctions: MASTROAUCTIONS.COM LOT 110. R. LALIQUE “GRANDE LIBELLULE” HOOD ORNAMENT. Number of Bids: 7. SOLD AT: $5,184. Date Sold: 4/18/2006. This was the larger of two dragonfly glass hood ornaments designed by Rene Lalique in the late '20s. It was stated to be in excellent condition with no chips or other blemishes. This is a striking piece, and I'd place it in the well-bought column as they have sold for half again as much. EBAY #7221718312—ACE HIGH WIL-FLO MOTOR OIL DOUBLE SIDED SIGN. Number of Bids: 20. SOLD AT: $3,049. Date Sold: 3/05/2006. This was a very unusual sign advertising Ace High Oil on one side and Wil-Flo Oil on the other. Seller stated it was porcelain, but it was definitely a painted tin sign. It was not in the best of condition, with serious paint loss at the top. Rarity trumped the issues and the inaccuracies, however, and the sign sold for serious money. Had the condition been better, it would have sold for 50% more. EBAY #7228889536—RED HAT MOTOR OIL QUART CAN. Number of Bids: 19. SOLD AT: $1,525.51. Date Sold: 3/28/2006. Oil cans have been soft of late, but there are exceptions and this was one. It had it all: condition, graphics and rarity. The seldom-seen can was very colorful with the red patriotic top hat and was in exceptional condition. Price was high but not out of line. 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 MASTROAUCTIONS. COM LOT 234. 1901 GOODYEAR TIRES TIN SIGN. Number of Bids: 10. SOLD AT: $4,556. Date Sold: 4/19/2006. We reported on the sale of this sign in SCM's November 2005 “Motobilia.” It brought $10,151 then, including 17% buyer's premium, but it appears the buyer failed to pay up, and it was offered again. This time it sold for a price more in line with recent sales. Auctions make a point of emphasizing that a winning bid is a contract, but enforcement is a difficult issue. Let's hope this buyer lives up to his obligation. EBAY #6618196364—1913 WYOMING LICENSE PLATE WITH MEDALLION. Number of Bids: 29. SOLD AT: $11,655. Date Sold: 4/05/2006. This was the first year that Wyoming issued plates, and as we have seen in the past, plate collectors will pay adult money for the rare and unusual. The gold medallion had two men facing a statue that was inscribed “Equal Rights, Livestock, Mines, Oil.” My sources confirmed that this was indeed a rare plate, but they were also surprised that it sold for five figures.u POSTMASTER Send address changes to: Sports Car Market PO Box 16130, Portland, OR 97292 CPC IPM Sales Agreement No. 1296205 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